Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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			'id' => '2929',
			'article_category_id' => '91',
			'title' => 'No changes in NAC flights despite fuel shortage',
			'sub_title' => '',
			'summary' => 'October 4: Nepal Airlines Corporation has said it is not going to make changes to its international flight schedule, despite fuel shortage. ',
			'content' => '<p>October 4: Nepal Airlines Corporation has said it is not going to make changes to its international flight schedule, despite fuel shortage.&nbsp;</p>

<p>The flag carrier has however cut passenger seats and cargo on its flight so that it can fly with a heavy fuel load.</p>

<p>On Friday one of NAC&rsquo;s two Boeing 757s refueled in New Delhi. The corporation said it had to send its Boeing on the route usually covered by the corporation&rsquo;s Airbus.</p>

<p>Due to an ongoing petroleum crisis in Nepal, NOC on Tuesday had said it will not be able to provide fuel for international flights. The corporation had fuel for flights only till Thursday.&nbsp;</p>

<p>The corporation decided to refuel in India and other countries so that its international flights are not affected. NOC from Friday has used fuelling facilities in New Delhi, Kolkata, Bangkok and Hong Kong for its four aircraft. &ldquo;With Dashain round the corner, passenger numbers have also increased, we will not cut flights due to fuel shortage&rdquo; said NAC spokesperson Ram Hari Sharma. &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2015-10-04',
			'modified' => '2015-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2769',
			'image' => '20151004041037_fdjfdsl;jfdsl;.jpg',
			'article_date' => '2015-10-04 00:00:00',
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			'id' => '2928',
			'article_category_id' => '91',
			'title' => 'Balance of Payment surplus doubles compared to last fiscal',
			'sub_title' => '',
			'summary' => 'October 4: Nepal’s Balance of Payment (BoP) surplus doubled during the first month of the current fiscal, compared to the same period last year.',
			'content' => '<p>October 4: Nepal&rsquo;s Balance of Payment (BoP) surplus doubled during the first month of the current fiscal, compared to the same period last year.</p>

<p>According to the central bank, during the first month of FY 2015/16, the BoP surplus stood at Rs 4.95 billion. During the same period FY 2014/15, the figure was Rs 2.77 billion.&nbsp;</p>

<p>This can be attributed to an increment in foreign assistance, growth in remittance and pension income and limited growth in imports.</p>

<p>According to NRB, during July/Aug this year, the central bank&rsquo;s foreign currency has Rs 842.53 billion-- 2.3 percent more than what it was during the same period last year. The reserve is sufficient to finance the import of goods for 13.8 months and services for 11.7 month.&nbsp;</p>

<p><span style="font-size:16px"><strong>Export down by 4 percent, Import up by 7 percent</strong></span><br />
In the first month of current FY, export was limited to Rs 6.46 billion&mdash;a decline of 3.9 percent. Last year, the decline compared to the previous year was 11.5 percent. Likewise, last year the total imports, which registered a growth of 12.5 percent, has increased by 7.2 percent.&nbsp;</p>

<p>During the review period, Nepal&rsquo;s trade deficit stood at Rs 53.12 billion&mdash;up 8.7 percent from last year. Last year, during the same period, the trade deficit was up by 16.6 percent.</p>
',
			'published' => true,
			'created' => '2015-10-04',
			'modified' => '2015-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2768',
			'image' => '20151004025848_fjdsjfdlkjfsdlk.jpg',
			'article_date' => '2015-10-04 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '2927',
			'article_category_id' => '91',
			'title' => 'Nepal will be able to export electricity to India only after 2020',
			'sub_title' => '',
			'summary' => 'October 4: Although there has been talk about exporting electricity to India for a long time, it will take at least five more years before Nepal can actually do it, a report suggests.',
			'content' => '<p>October 4: Although there has been talk about exporting electricity to India for a long time, it will take at least five more years before Nepal can actually do it, a report suggests.</p>

<p>The report, prepared by ICF International for Investment Board, Nepal, says that until 2020, India will be able to meet its electricity demand through power produced by burning imported coal and by new hydroelectricity projects.</p>

<p>Coal is going to remain as India&rsquo;s chief source of energy for a long time, said IBN Advisor Bishal Thapa. He said that Nepal&rsquo;s hydropower sector should prepare itself to be able to compete with and displace coal. &ldquo;We see that we have a better prospect when it comes to exporting power to north India,&rdquo; he added.</p>

<p>The study says that Nepal can export up to 2-3 GW of electricity to north India before 2022. Similarly, there is a possibility of displacing coal-powered plants in western India, if transmission lines are to be established. Thapa said that finding a substitute for coal is also important for India to meet its carbon emission commitments.</p>
',
			'published' => true,
			'created' => '2015-10-04',
			'modified' => '2015-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2767',
			'image' => null,
			'article_date' => '2015-10-04 00:00:00',
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		'Article' => array(
			'id' => '2926',
			'article_category_id' => '91',
			'title' => 'India directs its officials to ‘help smoothen’ movement of vehicles to Nepal',
			'sub_title' => '',
			'summary' => 'October  4:  The Indian government has directed its officials to ‘help smoothen’ the movement of vehicles to Nepal, thereby officially lifting an ‘unofficial’ trade blockade on Nepal.',
			'content' => '<p>October &nbsp;4: &nbsp;The Indian government has directed its officials to &lsquo;help smoothen&rsquo; the movement of vehicles to Nepal, thereby officially lifting an &lsquo;unofficial&rsquo; trade blockade on Nepal.</p>

<p>Reports coming from both sides of the border say that the Indian government, which has not conceded that it imposed a blockade, has agreed to allow trucks to enter Nepal as usual from Monday Oct 5. However, some reports said the Indian government has decided to continue the blockade at its Raxaul customs.</p>

<p>Following the promulgation of Nepal&rsquo;s new constitution, India had expressed discontent over the major parties&rsquo; failure to address the issues of the Madhes. In a series of statements, it had urged political parties to resolve outstanding issues through dialogue. It had then issued a statement expressing concern over the security of its freight operators given the violence that had ensued in the Madhes following the promulgation of the constitution.</p>

<p>The very next day, India imposed an &lsquo;unofficial&rsquo; blockade on Nepal, saying that supplies would resume once the protests in the Madhes end.</p>
',
			'published' => true,
			'created' => '2015-10-04',
			'modified' => '2015-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2766',
			'image' => '20151004114429_Clipboard01.jpg',
			'article_date' => '2015-10-04 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '2925',
			'article_category_id' => '1',
			'title' => 'Nepal will achieve 4.4% economic growth rate in FY 2015/16: IMF',
			'sub_title' => '',
			'summary' => 'Nepal will have an economic growth rate of 4.4 percent in Fiscal Year (FY) 2015/16, according to the International Money Fund (IMF). The budget for the current fiscal year is ambitious and its implementation is very challenging, said an IMF mission led by Gerard J Almekinders. ',
			'content' => '<p><span style="font-size:14px"><strong>Nepal will have an economic growth rate of 4.4 percent in Fiscal Year (FY) 2015/16, according to the International Money Fund (IMF). The budget for the current fiscal year is ambitious and its implementation is very challenging, said an IMF mission led by Gerard J Almekinders.</strong></span></p>

<p><span style="font-size:14px"><strong>&ldquo;Though the government says the budget will be implemented, it is challenging,&rdquo; he said. IMF has also forecast the inflation to reach 8.5 per cent in the current fiscal year.</strong></span></p>

<p><span style="font-size:14px"><strong>The IMF mission also said that the reconstruction work after the earthquake has not moved as expected. &ldquo;For the implementation of the budget, the coordination between Finance Ministry, National Planning Commission and other related ministries is necessary,&rdquo; said Almekinders at a press conference on October 1.</strong></span></p>

<p><span style="font-size:14px"><strong>The mission also maintained that the bigger size of the budget, increment in foreign aid and the&nbsp;remittance will raise inflation. Similarly, the increment in expenditure of the infrastructure projects and growth in agricultural production will help the economy of the country, informed IMF.</strong></span></p>

<p><span style="font-size:14px"><strong>Commenting on Nepal Rastra Bank&rsquo;s current monetary policy, IMF&rsquo;s senior resident representative in Nepal, India and Bhutan, Dr. Thomas J Richardson said, &ldquo;The trend in the world is that, to increase sufficient capital and in comparison to other countries, the paid-up capital of BFIs of Nepal is low.&rdquo; Likewise, Almekinders said &ldquo;Though the given 2-year deadline is too short, raising the paid-up capital requirement was necessary.&rdquo;</strong></span></p>
',
			'published' => true,
			'created' => '2015-10-02',
			'modified' => '2015-10-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2765',
			'image' => '20151002045514_imf.jpg',
			'article_date' => '2015-10-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '2924',
			'article_category_id' => '1',
			'title' => 'NRB approves NMB Bank merger',
			'sub_title' => '',
			'summary' => 'Nepal Rastra Bank (NRB) has given the final approval for the merger of four different banks and financial institutions (BFIs) into NMB Bank. Bhrikuti Development Bank, Pathibhara Development Bank, Clean Energy Development Bank and Prudential Finance are going to be merged into NMB Bank, according to a press release. ',
			'content' => '<p><span style="font-size:14px"><strong>Nepal Rastra Bank (NRB) has given the final approval for the merger of four different banks and financial institutions (BFIs) into NMB Bank. Bhrikuti Development Bank, Pathibhara Development Bank, Clean Energy Development Bank and Prudential Finance are going to be merged into NMB Bank, according to a press release.</strong></span></p>

<p><span style="font-size:14px"><strong>The merged bank will retain the name NMB Bank. It will have a paid-up capital of Rs 4.15 billion and will come into operation from October 18 this year.</strong></span></p>

<p><span style="font-size:14px"><strong>The total deposits and lending of the merged bank will be Rs 54 billion and Rs 41 billion. The merged bank will have 68 brnaches, 38 ATMs and eight extension counters.</strong></span></p>

<p><span style="font-size:14px"><strong>&ldquo;We have prepared a three-stage plan to raise our paid-up capital. As per the plan, the paid-up capital will be raised to Rs 6 billion by the end of the current fiscal year,&rdquo; said NMB Bank CEO Upendra Poudyal.</strong></span></p>

<p><span style="font-size:14px"><strong>According to Paudyal, 20 percent stakes of the bank formed after the merger will be owned by the bank&rsquo;s foreign joint venture partners.</strong></span></p>

<p><span style="font-size:14px"><strong>Malaysian bank Young Lian and the Netherland&rsquo;s FMO (Financierings Maatschappij-voor Ontwikkelingslanden) will invest in the merged entity.</strong></span></p>
',
			'published' => true,
			'created' => '2015-10-01',
			'modified' => '2015-10-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2764',
			'image' => '20151001023239_banks.jpg',
			'article_date' => '2015-10-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '12'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '2923',
			'article_category_id' => '91',
			'title' => 'Microhydros need to be connected to national grid, says study',
			'sub_title' => '',
			'summary' => 'September 30: Microhydro projects need to be built in such a way that there would be a possibility to connect it to the national electricity grid, a study has recommended.',
			'content' => '<p>September 30: Microhydro projects need to be built in such a way that there would be a possibility to connect it to the national electricity grid, a study has recommended.</p>

<p>The study has shown that it would not be feasible for MHPs to be connected to a separate &lsquo;mini grid&rsquo;, said the World Bank&rsquo;s Senior Energy Expert Tomayuki Yamashita. &ldquo;This is the reason why it would be beneficial for them to be able to be connected to the national grid when a connection becomes available,&rdquo; he said.</p>

<p>The report, titled &lsquo;Access to Electricity through Small and Microhydro Projects, has been prepared by the World Bank with help from Alternative Energy Promotion Centre, and Asia Sustainable and Alternative Energy Programme.</p>
',
			'published' => true,
			'created' => '2015-09-30',
			'modified' => '2015-09-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2763',
			'image' => '20150930011701_lkf;dkf;ldk.jpg',
			'article_date' => '2015-09-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '2922',
			'article_category_id' => '91',
			'title' => 'Nepse to cancel listing of eight companies',
			'sub_title' => '',
			'summary' => 'September 30: Nepal Stock Exchange has said it is going to cancel the listing of eight companies that have remained inactive in t the exchange for a long time.',
			'content' => '<p>September 30: Nepal Stock Exchange has said it is going to cancel the listing of eight companies that have remained inactive in t the exchange for a long time.</p>

<p>Nepse Managing Director Sitaram Thapalia said the companies have not even paid their annual charges to the stock exchange. &ldquo;We are going to cancel the listing of companies that had been suspended for not following our terms and conditions,&rdquo; he said.</p>

<p>According to the exchange, the companies in question have not paid their dues from 5-10 years. The companies whose listing is going to be cancelled are: Butwal Spinning Mill, Yak &amp; Yeti Hotel, Birat Shoes, Nepal Trading, Nepal Welfare Company, Fleur Himalayan Limited, Arun Vanaspati Udhyog and Bitumen and Barrel Industry.</p>

<p>&ldquo;We have already initiated the cancellation process. It will have to be approved by the board,&rdquo; said Thapalia.</p>

<p>Although there are numerous companies that have not paid their dues for years, Nepse has said it is for now going to take action against those who have not cleared their dues for five years or more.</p>
',
			'published' => true,
			'created' => '2015-09-30',
			'modified' => '2015-09-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2762',
			'image' => null,
			'article_date' => '2015-09-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '2921',
			'article_category_id' => '91',
			'title' => 'Machhapuchhre and Janata sign merger MoU',
			'sub_title' => '',
			'summary' => 'September 29: Machhapuchhre Bank and Janata Bank have signed an MoU to enter into a merger. Chairman of Machhapuchhre Bank Dr. Birendra Prasad Mahato and Janata Bank Chairman Uday Nepali signed the MoU amid a programme.',
			'content' => '<p>September 29: Machhapuchhre Bank and Janata Bank have signed an MoU to enter into a merger. Chairman of Machhapuchhre Bank Dr. Birendra Prasad Mahato and Janata Bank Chairman Uday Nepali signed the MoU amid a programme.</p>

<p>The newly formed board of directors will have three members from board of directors of both banks. After the merger, the bank&rsquo;s head office will be in Pokhara, and corporate office in Kathmandu.</p>

<p>The banks decided to go for merger following an NRB directive to commercial banks to raise their paid-up capital to Rs 8 billion. The new bank has a paid-up capital of Rs 5.71 billion. After merger the bank&rsquo;s total has 92 branches and 98 ATMs. Following the decision to go for a merger, share transactions of both banks were suspended on September 21. &nbsp;&nbsp; &nbsp;</p>
',
			'published' => true,
			'created' => '2015-09-29',
			'modified' => '2015-09-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2761',
			'image' => null,
			'article_date' => '2015-09-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '2920',
			'article_category_id' => '1',
			'title' => 'REAAN Holds 1st AGM',
			'sub_title' => '',
			'summary' => 'The Real Estate Agents’ Association of Nepal (REAAN) has held its first annual general meeting in Kathmandu, electing its first-ever executive committee.  The meet unanimously elected Ishwor Prasad Kharel as REAAN’s president. Likewise, 11 members were elected unanimously for a three year term for its 15 member executive committee while an additional 4 members will be nominated from different sectors according to the principles of inclusiveness.',
			'content' => '<p><strong>The Real Estate Agents&rsquo; Association of Nepal (REAAN) has held its first annual general meeting in Kathmandu, electing its first-ever executive committee.</strong></p>

<p><strong>The meet unanimously elected Ishwor Prasad Kharel as REAAN&rsquo;s president. Likewise, 11 members were elected unanimously for a three year term for its 15 member executive committee while an additional 4 members will be nominated from different sectors according to the principles of inclusiveness.</strong></p>

<p><strong>&nbsp;Kharel, in his first speech as president, said all real estate agents in the country have to unite to make the real estate sector systematic.</strong></p>

<p><strong>Inaugurating the meeting, senior economist Dr Bishwambher Pyakuryal said the real estate business has expanded with increasing private sector investment. He also urged the government to invest in the sector to increase government revenue.</strong></p>

<p><strong>Similarly, chief editor of Aarthik Abhiyan daily and secretary of Media Society Nepal, Madan Lamsal said real estate agents should work as good advisors for the buyers and act as a bridge between sellers and buyers.</strong></p>

<p><strong>Kalu Gurung, treasurer of the Nepal Land and Housing Developers&#39; Association said that he was ready to coordinate with the agents. REAAN has brought together two hundred agents so far and hopes it will increase in the future.&nbsp;</strong></p>
',
			'published' => true,
			'created' => '2015-09-29',
			'modified' => '2015-09-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2760',
			'image' => '20150929114930_riyan.jpg',
			'article_date' => '2015-09-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '12'
		)
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	(int) 10 => array(
		'Article' => array(
			'id' => '2919',
			'article_category_id' => '1',
			'title' => 'Gionee Marathon M5 Launched',
			'sub_title' => '',
			'summary' => 'Gionee, a leading manufacturer of telecommunications equipment, has launched the Gionee Marathon M5 in Nepal. The M series of Gionee is mainly focused on battery performance and the Marathon M5 is the latest addition to this series, said a statement from the company.',
			'content' => '<p style="text-align: justify;"><strong>Gionee, a leading manufacturer of telecommunications equipment, has launched the Gionee Marathon M5 in Nepal. The M series of Gionee is mainly focused on battery performance and the Marathon M5 is the latest addition to this series, said a statement from the company.</strong></p>

<p style="text-align: justify;"><strong>The smartphone, which is priced at Rs 29,999, is Gionee&rsquo;s only dual-battery model. The phone comes equipped with 2 batteries totaling a capacity of a whopping 6020 mAh.</strong></p>

<p style="text-align: justify;"><strong>Gionee believes that Marathon M5 will eliminate the problem of having to constantly charge a smartphone, which is a hassle users have had to put up with. Gionee claims that the M5 will provide up to 1185 hours of standby time and up to 57.5 hours of phone call time; and up to 14 hours of web browsing and watching videos. The phone also has an extreme power saving mode under which, even at 5% battery, users can get 32 hours of standby time and 3 hours of phone call time. The M5 comes with dual charging chips and a 9V-2A charger which will allow it to be charged extremely fast. The M5itself can charge 2 other smartphones at the same time via OTG reverse charge.</strong></p>

<p style="text-align: justify;"><strong>The M5 is a dual-SIM (4G+4G) phone. It has an ultra-slim, metallic unibody and boasts a 5.5&rdquo; HD (1280x720) AMOLED screen. The rear camera is 13MP and the front camera is 5MP. As for memory, the M5 has 16GB internal memory (expandable up to 128GB) and 2GB RAM. The M5 is powered by a 1.3GHz quad-core processor and runs on Amigo 3.1, Gionee&rsquo;s own software based on Android 5.1. The Marathon M5 will allow users the freedom to have a great smartphone with perhaps, the longest battery life in the Nepali market. Gionee is a brand that makes phones which are great on both style and functionality.</strong></p>
',
			'published' => true,
			'created' => '2015-09-29',
			'modified' => '2015-09-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2759',
			'image' => '20150929114808_gionee.jpg',
			'article_date' => '2015-09-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '12'
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	(int) 11 => array(
		'Article' => array(
			'id' => '2918',
			'article_category_id' => '91',
			'title' => 'India’s ‘unofficial’ embargo: 55 vehicles, including four tankers enter Nepal',
			'sub_title' => '',
			'summary' => 'September 28:  Fifty-five vehicles, including four tankers ferrying petroleum products, entered Nepal through Belahiya on Monday, four days after India imposed an ‘unofficial’ blockade on Nepal.',
			'content' => '<p>September 28: &nbsp;Fifty-five vehicles, including four tankers ferrying petroleum products, entered Nepal through Belahiya on Monday, four days after India imposed an &lsquo;unofficial&rsquo; blockade on Nepal.</p>

<p>This comes a day after 38 vehicles entered the country through the same route. Indian officials reportedly relaxed the embargo for vehicles entering Nepal through Belhaiya on Sunday, said Area Police office, Belahiya.&nbsp;</p>

<p>Of the four vehicles ferrying petroleum, three are Gas bullets and one is a diesel tanker. According to the Bhairahawa customs office, Indian officials have also allowed truck loads of coal, marble, fruits, tyres and carpets to pass. The customs office collected Rs 18.7 million in taxes from those carriers, said the office.&nbsp;</p>
',
			'published' => true,
			'created' => '2015-09-29',
			'modified' => '2015-09-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2758',
			'image' => '20150929111726_fdsfds.jpg',
			'article_date' => '2015-09-29 00:00:00',
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			'id' => '2917',
			'article_category_id' => '91',
			'title' => 'Passenger movement at TIA doubled in 2014',
			'sub_title' => '',
			'summary' => 'September 28: Passenger movement at Tribhuvan International Airport (TIA) doubled in 2014 as compared to the previous year. TIA provided international aviation services to a total of 3.25 million passengers in 2014 against the target of 1.4 million.',
			'content' => '<p>Passenger movement at Tribhuvan International Airport (TIA) doubled in 2014 as compared to the previous year. TIA provided international aviation services to a total of 3.25 million passengers in 2014 against the target of 1.4 million.</p>

<p>Similarly, 1.4 million domestic passengers were expected to receive services from TIA in 2014 but this number increased to 1.5 million, according to TIA General Manager Birendra Shrestha.</p>

<p>Passenger movement has increased at TIA but the country&rsquo;s only international airport&rsquo;s capacity hasn&rsquo;t been increased.</p>

<p>Similarly, Shrestha said that the Gautam Buddha Airport in Bhairahawa that will be upgraded to a regional international airport by 2017 will draw at least 20 percent of the air passengers currently using TIA to fly.</p>

<p>Currently the air traffic at TIA is more than its capacity.</p>

<p>A budget of Rs 3.2 billion was allocated for TIA in the last fiscal year i.e. 2014/15. The airport&rsquo;s budget for FY 2015/16 has been set at Rs 4.6 billion.</p>

<p>In the last fiscal year (2014/15), TIA collected more than Rs 6.71 billion in revenue &ndash; the highest for any given fiscal year so far.</p>
',
			'published' => true,
			'created' => '2015-09-28',
			'modified' => '2015-09-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2757',
			'image' => '20150928013635_2009-03_Kathmandu_10.jpg',
			'article_date' => '2015-09-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'id' => '2916',
			'article_category_id' => '91',
			'title' => 'Ghimire elected APPON president',
			'sub_title' => '',
			'summary' => 'September 27 : Shankar Ghimire has been elected president of Association of Pharmaceuticals Producers of Nepal (APPON) on Saturday. The 21st Annual General Meeting of AAPON elected Ghimire and executive committee which will have a tenure of two years.',
			'content' => '<p>September 27 : Shakhar Ghimire has been appointed president of Association of Pharmaceuticals Producers of Nepal (APPON) on Saturday. The 21st Annual General Meeting of AAPON elected Ghimire and executive committee which will have a tenure of two years. The meeting also elected Dipak Dahal, Sushil Mittal, Dipak Pradhan, Prajwal Jung Pandey as Senior Vice-president, Vice- president, General Secretary, and Treasurer of the association respectively.&nbsp;</p>

<p>Similarly, Bijay Raj Shakhya, Prabhat Rungata, Sudhir Prakash Maskey, Dipendra Pradhan, and Prithvi Raj Bhandari executive committee members.</p>
',
			'published' => true,
			'created' => '2015-09-27',
			'modified' => '2015-09-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2756',
			'image' => '20150928120412_lkjfldjlsdj.jpg',
			'article_date' => '2015-09-27 00:00:00',
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	(int) 14 => array(
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			'id' => '2915',
			'article_category_id' => '91',
			'title' => 'Anjan Shrestha elected NADA president',
			'sub_title' => '',
			'summary' => ' September 27:  Laxmi Intercontinental’s Managing Director Anjan Shrestha has been elected president of Nepal Automobiles Dealers’ Association (NADA).',
			'content' => '<p>&nbsp;September 27: &nbsp;Laxmi Intercontinental&rsquo;s Managing Director Anjan Shrestha has been elected president of Nepal Automobiles Dealers&rsquo; Association (NADA). Of the 327 votes, Shrestha received 212, and his competitior Manoj Sethia, Managing Director, ATC Pvt Ltd. Shrestha received 115 votes. Shrestha will lead NADA for the next two years. Similarly, 14 others have been elected executive committee members</p>
',
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			'keywords' => '',
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			'sortorder' => '2755',
			'image' => '20150927032010_anjan-shrestha-nada.jpg',
			'article_date' => '2015-09-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
			'user_id' => '11'
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include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '2929',
			'article_category_id' => '91',
			'title' => 'No changes in NAC flights despite fuel shortage',
			'sub_title' => '',
			'summary' => 'October 4: Nepal Airlines Corporation has said it is not going to make changes to its international flight schedule, despite fuel shortage. ',
			'content' => '<p>October 4: Nepal Airlines Corporation has said it is not going to make changes to its international flight schedule, despite fuel shortage.&nbsp;</p>

<p>The flag carrier has however cut passenger seats and cargo on its flight so that it can fly with a heavy fuel load.</p>

<p>On Friday one of NAC&rsquo;s two Boeing 757s refueled in New Delhi. The corporation said it had to send its Boeing on the route usually covered by the corporation&rsquo;s Airbus.</p>

<p>Due to an ongoing petroleum crisis in Nepal, NOC on Tuesday had said it will not be able to provide fuel for international flights. The corporation had fuel for flights only till Thursday.&nbsp;</p>

<p>The corporation decided to refuel in India and other countries so that its international flights are not affected. NOC from Friday has used fuelling facilities in New Delhi, Kolkata, Bangkok and Hong Kong for its four aircraft. &ldquo;With Dashain round the corner, passenger numbers have also increased, we will not cut flights due to fuel shortage&rdquo; said NAC spokesperson Ram Hari Sharma. &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2015-10-04',
			'modified' => '2015-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2769',
			'image' => '20151004041037_fdjfdsl;jfdsl;.jpg',
			'article_date' => '2015-10-04 00:00:00',
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		'Article' => array(
			'id' => '2928',
			'article_category_id' => '91',
			'title' => 'Balance of Payment surplus doubles compared to last fiscal',
			'sub_title' => '',
			'summary' => 'October 4: Nepal’s Balance of Payment (BoP) surplus doubled during the first month of the current fiscal, compared to the same period last year.',
			'content' => '<p>October 4: Nepal&rsquo;s Balance of Payment (BoP) surplus doubled during the first month of the current fiscal, compared to the same period last year.</p>

<p>According to the central bank, during the first month of FY 2015/16, the BoP surplus stood at Rs 4.95 billion. During the same period FY 2014/15, the figure was Rs 2.77 billion.&nbsp;</p>

<p>This can be attributed to an increment in foreign assistance, growth in remittance and pension income and limited growth in imports.</p>

<p>According to NRB, during July/Aug this year, the central bank&rsquo;s foreign currency has Rs 842.53 billion-- 2.3 percent more than what it was during the same period last year. The reserve is sufficient to finance the import of goods for 13.8 months and services for 11.7 month.&nbsp;</p>

<p><span style="font-size:16px"><strong>Export down by 4 percent, Import up by 7 percent</strong></span><br />
In the first month of current FY, export was limited to Rs 6.46 billion&mdash;a decline of 3.9 percent. Last year, the decline compared to the previous year was 11.5 percent. Likewise, last year the total imports, which registered a growth of 12.5 percent, has increased by 7.2 percent.&nbsp;</p>

<p>During the review period, Nepal&rsquo;s trade deficit stood at Rs 53.12 billion&mdash;up 8.7 percent from last year. Last year, during the same period, the trade deficit was up by 16.6 percent.</p>
',
			'published' => true,
			'created' => '2015-10-04',
			'modified' => '2015-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2768',
			'image' => '20151004025848_fjdsjfdlkjfsdlk.jpg',
			'article_date' => '2015-10-04 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '2927',
			'article_category_id' => '91',
			'title' => 'Nepal will be able to export electricity to India only after 2020',
			'sub_title' => '',
			'summary' => 'October 4: Although there has been talk about exporting electricity to India for a long time, it will take at least five more years before Nepal can actually do it, a report suggests.',
			'content' => '<p>October 4: Although there has been talk about exporting electricity to India for a long time, it will take at least five more years before Nepal can actually do it, a report suggests.</p>

<p>The report, prepared by ICF International for Investment Board, Nepal, says that until 2020, India will be able to meet its electricity demand through power produced by burning imported coal and by new hydroelectricity projects.</p>

<p>Coal is going to remain as India&rsquo;s chief source of energy for a long time, said IBN Advisor Bishal Thapa. He said that Nepal&rsquo;s hydropower sector should prepare itself to be able to compete with and displace coal. &ldquo;We see that we have a better prospect when it comes to exporting power to north India,&rdquo; he added.</p>

<p>The study says that Nepal can export up to 2-3 GW of electricity to north India before 2022. Similarly, there is a possibility of displacing coal-powered plants in western India, if transmission lines are to be established. Thapa said that finding a substitute for coal is also important for India to meet its carbon emission commitments.</p>
',
			'published' => true,
			'created' => '2015-10-04',
			'modified' => '2015-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2767',
			'image' => null,
			'article_date' => '2015-10-04 00:00:00',
			'homepage' => false,
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	(int) 3 => array(
		'Article' => array(
			'id' => '2926',
			'article_category_id' => '91',
			'title' => 'India directs its officials to ‘help smoothen’ movement of vehicles to Nepal',
			'sub_title' => '',
			'summary' => 'October  4:  The Indian government has directed its officials to ‘help smoothen’ the movement of vehicles to Nepal, thereby officially lifting an ‘unofficial’ trade blockade on Nepal.',
			'content' => '<p>October &nbsp;4: &nbsp;The Indian government has directed its officials to &lsquo;help smoothen&rsquo; the movement of vehicles to Nepal, thereby officially lifting an &lsquo;unofficial&rsquo; trade blockade on Nepal.</p>

<p>Reports coming from both sides of the border say that the Indian government, which has not conceded that it imposed a blockade, has agreed to allow trucks to enter Nepal as usual from Monday Oct 5. However, some reports said the Indian government has decided to continue the blockade at its Raxaul customs.</p>

<p>Following the promulgation of Nepal&rsquo;s new constitution, India had expressed discontent over the major parties&rsquo; failure to address the issues of the Madhes. In a series of statements, it had urged political parties to resolve outstanding issues through dialogue. It had then issued a statement expressing concern over the security of its freight operators given the violence that had ensued in the Madhes following the promulgation of the constitution.</p>

<p>The very next day, India imposed an &lsquo;unofficial&rsquo; blockade on Nepal, saying that supplies would resume once the protests in the Madhes end.</p>
',
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			'created' => '2015-10-04',
			'modified' => '2015-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2766',
			'image' => '20151004114429_Clipboard01.jpg',
			'article_date' => '2015-10-04 00:00:00',
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	(int) 4 => array(
		'Article' => array(
			'id' => '2925',
			'article_category_id' => '1',
			'title' => 'Nepal will achieve 4.4% economic growth rate in FY 2015/16: IMF',
			'sub_title' => '',
			'summary' => 'Nepal will have an economic growth rate of 4.4 percent in Fiscal Year (FY) 2015/16, according to the International Money Fund (IMF). The budget for the current fiscal year is ambitious and its implementation is very challenging, said an IMF mission led by Gerard J Almekinders. ',
			'content' => '<p><span style="font-size:14px"><strong>Nepal will have an economic growth rate of 4.4 percent in Fiscal Year (FY) 2015/16, according to the International Money Fund (IMF). The budget for the current fiscal year is ambitious and its implementation is very challenging, said an IMF mission led by Gerard J Almekinders.</strong></span></p>

<p><span style="font-size:14px"><strong>&ldquo;Though the government says the budget will be implemented, it is challenging,&rdquo; he said. IMF has also forecast the inflation to reach 8.5 per cent in the current fiscal year.</strong></span></p>

<p><span style="font-size:14px"><strong>The IMF mission also said that the reconstruction work after the earthquake has not moved as expected. &ldquo;For the implementation of the budget, the coordination between Finance Ministry, National Planning Commission and other related ministries is necessary,&rdquo; said Almekinders at a press conference on October 1.</strong></span></p>

<p><span style="font-size:14px"><strong>The mission also maintained that the bigger size of the budget, increment in foreign aid and the&nbsp;remittance will raise inflation. Similarly, the increment in expenditure of the infrastructure projects and growth in agricultural production will help the economy of the country, informed IMF.</strong></span></p>

<p><span style="font-size:14px"><strong>Commenting on Nepal Rastra Bank&rsquo;s current monetary policy, IMF&rsquo;s senior resident representative in Nepal, India and Bhutan, Dr. Thomas J Richardson said, &ldquo;The trend in the world is that, to increase sufficient capital and in comparison to other countries, the paid-up capital of BFIs of Nepal is low.&rdquo; Likewise, Almekinders said &ldquo;Though the given 2-year deadline is too short, raising the paid-up capital requirement was necessary.&rdquo;</strong></span></p>
',
			'published' => true,
			'created' => '2015-10-02',
			'modified' => '2015-10-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2765',
			'image' => '20151002045514_imf.jpg',
			'article_date' => '2015-10-02 00:00:00',
			'homepage' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '2924',
			'article_category_id' => '1',
			'title' => 'NRB approves NMB Bank merger',
			'sub_title' => '',
			'summary' => 'Nepal Rastra Bank (NRB) has given the final approval for the merger of four different banks and financial institutions (BFIs) into NMB Bank. Bhrikuti Development Bank, Pathibhara Development Bank, Clean Energy Development Bank and Prudential Finance are going to be merged into NMB Bank, according to a press release. ',
			'content' => '<p><span style="font-size:14px"><strong>Nepal Rastra Bank (NRB) has given the final approval for the merger of four different banks and financial institutions (BFIs) into NMB Bank. Bhrikuti Development Bank, Pathibhara Development Bank, Clean Energy Development Bank and Prudential Finance are going to be merged into NMB Bank, according to a press release.</strong></span></p>

<p><span style="font-size:14px"><strong>The merged bank will retain the name NMB Bank. It will have a paid-up capital of Rs 4.15 billion and will come into operation from October 18 this year.</strong></span></p>

<p><span style="font-size:14px"><strong>The total deposits and lending of the merged bank will be Rs 54 billion and Rs 41 billion. The merged bank will have 68 brnaches, 38 ATMs and eight extension counters.</strong></span></p>

<p><span style="font-size:14px"><strong>&ldquo;We have prepared a three-stage plan to raise our paid-up capital. As per the plan, the paid-up capital will be raised to Rs 6 billion by the end of the current fiscal year,&rdquo; said NMB Bank CEO Upendra Poudyal.</strong></span></p>

<p><span style="font-size:14px"><strong>According to Paudyal, 20 percent stakes of the bank formed after the merger will be owned by the bank&rsquo;s foreign joint venture partners.</strong></span></p>

<p><span style="font-size:14px"><strong>Malaysian bank Young Lian and the Netherland&rsquo;s FMO (Financierings Maatschappij-voor Ontwikkelingslanden) will invest in the merged entity.</strong></span></p>
',
			'published' => true,
			'created' => '2015-10-01',
			'modified' => '2015-10-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2764',
			'image' => '20151001023239_banks.jpg',
			'article_date' => '2015-10-01 00:00:00',
			'homepage' => false,
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	(int) 6 => array(
		'Article' => array(
			'id' => '2923',
			'article_category_id' => '91',
			'title' => 'Microhydros need to be connected to national grid, says study',
			'sub_title' => '',
			'summary' => 'September 30: Microhydro projects need to be built in such a way that there would be a possibility to connect it to the national electricity grid, a study has recommended.',
			'content' => '<p>September 30: Microhydro projects need to be built in such a way that there would be a possibility to connect it to the national electricity grid, a study has recommended.</p>

<p>The study has shown that it would not be feasible for MHPs to be connected to a separate &lsquo;mini grid&rsquo;, said the World Bank&rsquo;s Senior Energy Expert Tomayuki Yamashita. &ldquo;This is the reason why it would be beneficial for them to be able to be connected to the national grid when a connection becomes available,&rdquo; he said.</p>

<p>The report, titled &lsquo;Access to Electricity through Small and Microhydro Projects, has been prepared by the World Bank with help from Alternative Energy Promotion Centre, and Asia Sustainable and Alternative Energy Programme.</p>
',
			'published' => true,
			'created' => '2015-09-30',
			'modified' => '2015-09-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2763',
			'image' => '20150930011701_lkf;dkf;ldk.jpg',
			'article_date' => '2015-09-30 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' => '2922',
			'article_category_id' => '91',
			'title' => 'Nepse to cancel listing of eight companies',
			'sub_title' => '',
			'summary' => 'September 30: Nepal Stock Exchange has said it is going to cancel the listing of eight companies that have remained inactive in t the exchange for a long time.',
			'content' => '<p>September 30: Nepal Stock Exchange has said it is going to cancel the listing of eight companies that have remained inactive in t the exchange for a long time.</p>

<p>Nepse Managing Director Sitaram Thapalia said the companies have not even paid their annual charges to the stock exchange. &ldquo;We are going to cancel the listing of companies that had been suspended for not following our terms and conditions,&rdquo; he said.</p>

<p>According to the exchange, the companies in question have not paid their dues from 5-10 years. The companies whose listing is going to be cancelled are: Butwal Spinning Mill, Yak &amp; Yeti Hotel, Birat Shoes, Nepal Trading, Nepal Welfare Company, Fleur Himalayan Limited, Arun Vanaspati Udhyog and Bitumen and Barrel Industry.</p>

<p>&ldquo;We have already initiated the cancellation process. It will have to be approved by the board,&rdquo; said Thapalia.</p>

<p>Although there are numerous companies that have not paid their dues for years, Nepse has said it is for now going to take action against those who have not cleared their dues for five years or more.</p>
',
			'published' => true,
			'created' => '2015-09-30',
			'modified' => '2015-09-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2762',
			'image' => null,
			'article_date' => '2015-09-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
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	),
	(int) 8 => array(
		'Article' => array(
			'id' => '2921',
			'article_category_id' => '91',
			'title' => 'Machhapuchhre and Janata sign merger MoU',
			'sub_title' => '',
			'summary' => 'September 29: Machhapuchhre Bank and Janata Bank have signed an MoU to enter into a merger. Chairman of Machhapuchhre Bank Dr. Birendra Prasad Mahato and Janata Bank Chairman Uday Nepali signed the MoU amid a programme.',
			'content' => '<p>September 29: Machhapuchhre Bank and Janata Bank have signed an MoU to enter into a merger. Chairman of Machhapuchhre Bank Dr. Birendra Prasad Mahato and Janata Bank Chairman Uday Nepali signed the MoU amid a programme.</p>

<p>The newly formed board of directors will have three members from board of directors of both banks. After the merger, the bank&rsquo;s head office will be in Pokhara, and corporate office in Kathmandu.</p>

<p>The banks decided to go for merger following an NRB directive to commercial banks to raise their paid-up capital to Rs 8 billion. The new bank has a paid-up capital of Rs 5.71 billion. After merger the bank&rsquo;s total has 92 branches and 98 ATMs. Following the decision to go for a merger, share transactions of both banks were suspended on September 21. &nbsp;&nbsp; &nbsp;</p>
',
			'published' => true,
			'created' => '2015-09-29',
			'modified' => '2015-09-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2761',
			'image' => null,
			'article_date' => '2015-09-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	),
	(int) 9 => array(
		'Article' => array(
			'id' => '2920',
			'article_category_id' => '1',
			'title' => 'REAAN Holds 1st AGM',
			'sub_title' => '',
			'summary' => 'The Real Estate Agents’ Association of Nepal (REAAN) has held its first annual general meeting in Kathmandu, electing its first-ever executive committee.  The meet unanimously elected Ishwor Prasad Kharel as REAAN’s president. Likewise, 11 members were elected unanimously for a three year term for its 15 member executive committee while an additional 4 members will be nominated from different sectors according to the principles of inclusiveness.',
			'content' => '<p><strong>The Real Estate Agents&rsquo; Association of Nepal (REAAN) has held its first annual general meeting in Kathmandu, electing its first-ever executive committee.</strong></p>

<p><strong>The meet unanimously elected Ishwor Prasad Kharel as REAAN&rsquo;s president. Likewise, 11 members were elected unanimously for a three year term for its 15 member executive committee while an additional 4 members will be nominated from different sectors according to the principles of inclusiveness.</strong></p>

<p><strong>&nbsp;Kharel, in his first speech as president, said all real estate agents in the country have to unite to make the real estate sector systematic.</strong></p>

<p><strong>Inaugurating the meeting, senior economist Dr Bishwambher Pyakuryal said the real estate business has expanded with increasing private sector investment. He also urged the government to invest in the sector to increase government revenue.</strong></p>

<p><strong>Similarly, chief editor of Aarthik Abhiyan daily and secretary of Media Society Nepal, Madan Lamsal said real estate agents should work as good advisors for the buyers and act as a bridge between sellers and buyers.</strong></p>

<p><strong>Kalu Gurung, treasurer of the Nepal Land and Housing Developers&#39; Association said that he was ready to coordinate with the agents. REAAN has brought together two hundred agents so far and hopes it will increase in the future.&nbsp;</strong></p>
',
			'published' => true,
			'created' => '2015-09-29',
			'modified' => '2015-09-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2760',
			'image' => '20150929114930_riyan.jpg',
			'article_date' => '2015-09-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '12'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '2919',
			'article_category_id' => '1',
			'title' => 'Gionee Marathon M5 Launched',
			'sub_title' => '',
			'summary' => 'Gionee, a leading manufacturer of telecommunications equipment, has launched the Gionee Marathon M5 in Nepal. The M series of Gionee is mainly focused on battery performance and the Marathon M5 is the latest addition to this series, said a statement from the company.',
			'content' => '<p style="text-align: justify;"><strong>Gionee, a leading manufacturer of telecommunications equipment, has launched the Gionee Marathon M5 in Nepal. The M series of Gionee is mainly focused on battery performance and the Marathon M5 is the latest addition to this series, said a statement from the company.</strong></p>

<p style="text-align: justify;"><strong>The smartphone, which is priced at Rs 29,999, is Gionee&rsquo;s only dual-battery model. The phone comes equipped with 2 batteries totaling a capacity of a whopping 6020 mAh.</strong></p>

<p style="text-align: justify;"><strong>Gionee believes that Marathon M5 will eliminate the problem of having to constantly charge a smartphone, which is a hassle users have had to put up with. Gionee claims that the M5 will provide up to 1185 hours of standby time and up to 57.5 hours of phone call time; and up to 14 hours of web browsing and watching videos. The phone also has an extreme power saving mode under which, even at 5% battery, users can get 32 hours of standby time and 3 hours of phone call time. The M5 comes with dual charging chips and a 9V-2A charger which will allow it to be charged extremely fast. The M5itself can charge 2 other smartphones at the same time via OTG reverse charge.</strong></p>

<p style="text-align: justify;"><strong>The M5 is a dual-SIM (4G+4G) phone. It has an ultra-slim, metallic unibody and boasts a 5.5&rdquo; HD (1280x720) AMOLED screen. The rear camera is 13MP and the front camera is 5MP. As for memory, the M5 has 16GB internal memory (expandable up to 128GB) and 2GB RAM. The M5 is powered by a 1.3GHz quad-core processor and runs on Amigo 3.1, Gionee&rsquo;s own software based on Android 5.1. The Marathon M5 will allow users the freedom to have a great smartphone with perhaps, the longest battery life in the Nepali market. Gionee is a brand that makes phones which are great on both style and functionality.</strong></p>
',
			'published' => true,
			'created' => '2015-09-29',
			'modified' => '2015-09-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2759',
			'image' => '20150929114808_gionee.jpg',
			'article_date' => '2015-09-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '2918',
			'article_category_id' => '91',
			'title' => 'India’s ‘unofficial’ embargo: 55 vehicles, including four tankers enter Nepal',
			'sub_title' => '',
			'summary' => 'September 28:  Fifty-five vehicles, including four tankers ferrying petroleum products, entered Nepal through Belahiya on Monday, four days after India imposed an ‘unofficial’ blockade on Nepal.',
			'content' => '<p>September 28: &nbsp;Fifty-five vehicles, including four tankers ferrying petroleum products, entered Nepal through Belahiya on Monday, four days after India imposed an &lsquo;unofficial&rsquo; blockade on Nepal.</p>

<p>This comes a day after 38 vehicles entered the country through the same route. Indian officials reportedly relaxed the embargo for vehicles entering Nepal through Belhaiya on Sunday, said Area Police office, Belahiya.&nbsp;</p>

<p>Of the four vehicles ferrying petroleum, three are Gas bullets and one is a diesel tanker. According to the Bhairahawa customs office, Indian officials have also allowed truck loads of coal, marble, fruits, tyres and carpets to pass. The customs office collected Rs 18.7 million in taxes from those carriers, said the office.&nbsp;</p>
',
			'published' => true,
			'created' => '2015-09-29',
			'modified' => '2015-09-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2758',
			'image' => '20150929111726_fdsfds.jpg',
			'article_date' => '2015-09-29 00:00:00',
			'homepage' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '2917',
			'article_category_id' => '91',
			'title' => 'Passenger movement at TIA doubled in 2014',
			'sub_title' => '',
			'summary' => 'September 28: Passenger movement at Tribhuvan International Airport (TIA) doubled in 2014 as compared to the previous year. TIA provided international aviation services to a total of 3.25 million passengers in 2014 against the target of 1.4 million.',
			'content' => '<p>Passenger movement at Tribhuvan International Airport (TIA) doubled in 2014 as compared to the previous year. TIA provided international aviation services to a total of 3.25 million passengers in 2014 against the target of 1.4 million.</p>

<p>Similarly, 1.4 million domestic passengers were expected to receive services from TIA in 2014 but this number increased to 1.5 million, according to TIA General Manager Birendra Shrestha.</p>

<p>Passenger movement has increased at TIA but the country&rsquo;s only international airport&rsquo;s capacity hasn&rsquo;t been increased.</p>

<p>Similarly, Shrestha said that the Gautam Buddha Airport in Bhairahawa that will be upgraded to a regional international airport by 2017 will draw at least 20 percent of the air passengers currently using TIA to fly.</p>

<p>Currently the air traffic at TIA is more than its capacity.</p>

<p>A budget of Rs 3.2 billion was allocated for TIA in the last fiscal year i.e. 2014/15. The airport&rsquo;s budget for FY 2015/16 has been set at Rs 4.6 billion.</p>

<p>In the last fiscal year (2014/15), TIA collected more than Rs 6.71 billion in revenue &ndash; the highest for any given fiscal year so far.</p>
',
			'published' => true,
			'created' => '2015-09-28',
			'modified' => '2015-09-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2757',
			'image' => '20150928013635_2009-03_Kathmandu_10.jpg',
			'article_date' => '2015-09-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '1'
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	),
	(int) 13 => array(
		'Article' => array(
			'id' => '2916',
			'article_category_id' => '91',
			'title' => 'Ghimire elected APPON president',
			'sub_title' => '',
			'summary' => 'September 27 : Shankar Ghimire has been elected president of Association of Pharmaceuticals Producers of Nepal (APPON) on Saturday. The 21st Annual General Meeting of AAPON elected Ghimire and executive committee which will have a tenure of two years.',
			'content' => '<p>September 27 : Shakhar Ghimire has been appointed president of Association of Pharmaceuticals Producers of Nepal (APPON) on Saturday. The 21st Annual General Meeting of AAPON elected Ghimire and executive committee which will have a tenure of two years. The meeting also elected Dipak Dahal, Sushil Mittal, Dipak Pradhan, Prajwal Jung Pandey as Senior Vice-president, Vice- president, General Secretary, and Treasurer of the association respectively.&nbsp;</p>

<p>Similarly, Bijay Raj Shakhya, Prabhat Rungata, Sudhir Prakash Maskey, Dipendra Pradhan, and Prithvi Raj Bhandari executive committee members.</p>
',
			'published' => true,
			'created' => '2015-09-27',
			'modified' => '2015-09-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2756',
			'image' => '20150928120412_lkjfldjlsdj.jpg',
			'article_date' => '2015-09-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '2915',
			'article_category_id' => '91',
			'title' => 'Anjan Shrestha elected NADA president',
			'sub_title' => '',
			'summary' => ' September 27:  Laxmi Intercontinental’s Managing Director Anjan Shrestha has been elected president of Nepal Automobiles Dealers’ Association (NADA).',
			'content' => '<p>&nbsp;September 27: &nbsp;Laxmi Intercontinental&rsquo;s Managing Director Anjan Shrestha has been elected president of Nepal Automobiles Dealers&rsquo; Association (NADA). Of the 327 votes, Shrestha received 212, and his competitior Manoj Sethia, Managing Director, ATC Pvt Ltd. Shrestha received 115 votes. Shrestha will lead NADA for the next two years. Similarly, 14 others have been elected executive committee members</p>
',
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			'created' => '2015-09-27',
			'modified' => '2015-09-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2755',
			'image' => '20150927032010_anjan-shrestha-nada.jpg',
			'article_date' => '2015-09-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	)
)
$current_user = null
$logged_in = false
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
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '2929',
			'article_category_id' => '91',
			'title' => 'No changes in NAC flights despite fuel shortage',
			'sub_title' => '',
			'summary' => 'October 4: Nepal Airlines Corporation has said it is not going to make changes to its international flight schedule, despite fuel shortage. ',
			'content' => '<p>October 4: Nepal Airlines Corporation has said it is not going to make changes to its international flight schedule, despite fuel shortage.&nbsp;</p>

<p>The flag carrier has however cut passenger seats and cargo on its flight so that it can fly with a heavy fuel load.</p>

<p>On Friday one of NAC&rsquo;s two Boeing 757s refueled in New Delhi. The corporation said it had to send its Boeing on the route usually covered by the corporation&rsquo;s Airbus.</p>

<p>Due to an ongoing petroleum crisis in Nepal, NOC on Tuesday had said it will not be able to provide fuel for international flights. The corporation had fuel for flights only till Thursday.&nbsp;</p>

<p>The corporation decided to refuel in India and other countries so that its international flights are not affected. NOC from Friday has used fuelling facilities in New Delhi, Kolkata, Bangkok and Hong Kong for its four aircraft. &ldquo;With Dashain round the corner, passenger numbers have also increased, we will not cut flights due to fuel shortage&rdquo; said NAC spokesperson Ram Hari Sharma. &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2015-10-04',
			'modified' => '2015-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2769',
			'image' => '20151004041037_fdjfdsl;jfdsl;.jpg',
			'article_date' => '2015-10-04 00:00:00',
			'homepage' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '2928',
			'article_category_id' => '91',
			'title' => 'Balance of Payment surplus doubles compared to last fiscal',
			'sub_title' => '',
			'summary' => 'October 4: Nepal’s Balance of Payment (BoP) surplus doubled during the first month of the current fiscal, compared to the same period last year.',
			'content' => '<p>October 4: Nepal&rsquo;s Balance of Payment (BoP) surplus doubled during the first month of the current fiscal, compared to the same period last year.</p>

<p>According to the central bank, during the first month of FY 2015/16, the BoP surplus stood at Rs 4.95 billion. During the same period FY 2014/15, the figure was Rs 2.77 billion.&nbsp;</p>

<p>This can be attributed to an increment in foreign assistance, growth in remittance and pension income and limited growth in imports.</p>

<p>According to NRB, during July/Aug this year, the central bank&rsquo;s foreign currency has Rs 842.53 billion-- 2.3 percent more than what it was during the same period last year. The reserve is sufficient to finance the import of goods for 13.8 months and services for 11.7 month.&nbsp;</p>

<p><span style="font-size:16px"><strong>Export down by 4 percent, Import up by 7 percent</strong></span><br />
In the first month of current FY, export was limited to Rs 6.46 billion&mdash;a decline of 3.9 percent. Last year, the decline compared to the previous year was 11.5 percent. Likewise, last year the total imports, which registered a growth of 12.5 percent, has increased by 7.2 percent.&nbsp;</p>

<p>During the review period, Nepal&rsquo;s trade deficit stood at Rs 53.12 billion&mdash;up 8.7 percent from last year. Last year, during the same period, the trade deficit was up by 16.6 percent.</p>
',
			'published' => true,
			'created' => '2015-10-04',
			'modified' => '2015-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2768',
			'image' => '20151004025848_fjdsjfdlkjfsdlk.jpg',
			'article_date' => '2015-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 2 => array(
		'Article' => array(
			'id' => '2927',
			'article_category_id' => '91',
			'title' => 'Nepal will be able to export electricity to India only after 2020',
			'sub_title' => '',
			'summary' => 'October 4: Although there has been talk about exporting electricity to India for a long time, it will take at least five more years before Nepal can actually do it, a report suggests.',
			'content' => '<p>October 4: Although there has been talk about exporting electricity to India for a long time, it will take at least five more years before Nepal can actually do it, a report suggests.</p>

<p>The report, prepared by ICF International for Investment Board, Nepal, says that until 2020, India will be able to meet its electricity demand through power produced by burning imported coal and by new hydroelectricity projects.</p>

<p>Coal is going to remain as India&rsquo;s chief source of energy for a long time, said IBN Advisor Bishal Thapa. He said that Nepal&rsquo;s hydropower sector should prepare itself to be able to compete with and displace coal. &ldquo;We see that we have a better prospect when it comes to exporting power to north India,&rdquo; he added.</p>

<p>The study says that Nepal can export up to 2-3 GW of electricity to north India before 2022. Similarly, there is a possibility of displacing coal-powered plants in western India, if transmission lines are to be established. Thapa said that finding a substitute for coal is also important for India to meet its carbon emission commitments.</p>
',
			'published' => true,
			'created' => '2015-10-04',
			'modified' => '2015-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2767',
			'image' => null,
			'article_date' => '2015-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 3 => array(
		'Article' => array(
			'id' => '2926',
			'article_category_id' => '91',
			'title' => 'India directs its officials to ‘help smoothen’ movement of vehicles to Nepal',
			'sub_title' => '',
			'summary' => 'October  4:  The Indian government has directed its officials to ‘help smoothen’ the movement of vehicles to Nepal, thereby officially lifting an ‘unofficial’ trade blockade on Nepal.',
			'content' => '<p>October &nbsp;4: &nbsp;The Indian government has directed its officials to &lsquo;help smoothen&rsquo; the movement of vehicles to Nepal, thereby officially lifting an &lsquo;unofficial&rsquo; trade blockade on Nepal.</p>

<p>Reports coming from both sides of the border say that the Indian government, which has not conceded that it imposed a blockade, has agreed to allow trucks to enter Nepal as usual from Monday Oct 5. However, some reports said the Indian government has decided to continue the blockade at its Raxaul customs.</p>

<p>Following the promulgation of Nepal&rsquo;s new constitution, India had expressed discontent over the major parties&rsquo; failure to address the issues of the Madhes. In a series of statements, it had urged political parties to resolve outstanding issues through dialogue. It had then issued a statement expressing concern over the security of its freight operators given the violence that had ensued in the Madhes following the promulgation of the constitution.</p>

<p>The very next day, India imposed an &lsquo;unofficial&rsquo; blockade on Nepal, saying that supplies would resume once the protests in the Madhes end.</p>
',
			'published' => true,
			'created' => '2015-10-04',
			'modified' => '2015-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2766',
			'image' => '20151004114429_Clipboard01.jpg',
			'article_date' => '2015-10-04 00:00:00',
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	(int) 4 => array(
		'Article' => array(
			'id' => '2925',
			'article_category_id' => '1',
			'title' => 'Nepal will achieve 4.4% economic growth rate in FY 2015/16: IMF',
			'sub_title' => '',
			'summary' => 'Nepal will have an economic growth rate of 4.4 percent in Fiscal Year (FY) 2015/16, according to the International Money Fund (IMF). The budget for the current fiscal year is ambitious and its implementation is very challenging, said an IMF mission led by Gerard J Almekinders. ',
			'content' => '<p><span style="font-size:14px"><strong>Nepal will have an economic growth rate of 4.4 percent in Fiscal Year (FY) 2015/16, according to the International Money Fund (IMF). The budget for the current fiscal year is ambitious and its implementation is very challenging, said an IMF mission led by Gerard J Almekinders.</strong></span></p>

<p><span style="font-size:14px"><strong>&ldquo;Though the government says the budget will be implemented, it is challenging,&rdquo; he said. IMF has also forecast the inflation to reach 8.5 per cent in the current fiscal year.</strong></span></p>

<p><span style="font-size:14px"><strong>The IMF mission also said that the reconstruction work after the earthquake has not moved as expected. &ldquo;For the implementation of the budget, the coordination between Finance Ministry, National Planning Commission and other related ministries is necessary,&rdquo; said Almekinders at a press conference on October 1.</strong></span></p>

<p><span style="font-size:14px"><strong>The mission also maintained that the bigger size of the budget, increment in foreign aid and the&nbsp;remittance will raise inflation. Similarly, the increment in expenditure of the infrastructure projects and growth in agricultural production will help the economy of the country, informed IMF.</strong></span></p>

<p><span style="font-size:14px"><strong>Commenting on Nepal Rastra Bank&rsquo;s current monetary policy, IMF&rsquo;s senior resident representative in Nepal, India and Bhutan, Dr. Thomas J Richardson said, &ldquo;The trend in the world is that, to increase sufficient capital and in comparison to other countries, the paid-up capital of BFIs of Nepal is low.&rdquo; Likewise, Almekinders said &ldquo;Though the given 2-year deadline is too short, raising the paid-up capital requirement was necessary.&rdquo;</strong></span></p>
',
			'published' => true,
			'created' => '2015-10-02',
			'modified' => '2015-10-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2765',
			'image' => '20151002045514_imf.jpg',
			'article_date' => '2015-10-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	),
	(int) 5 => array(
		'Article' => array(
			'id' => '2924',
			'article_category_id' => '1',
			'title' => 'NRB approves NMB Bank merger',
			'sub_title' => '',
			'summary' => 'Nepal Rastra Bank (NRB) has given the final approval for the merger of four different banks and financial institutions (BFIs) into NMB Bank. Bhrikuti Development Bank, Pathibhara Development Bank, Clean Energy Development Bank and Prudential Finance are going to be merged into NMB Bank, according to a press release. ',
			'content' => '<p><span style="font-size:14px"><strong>Nepal Rastra Bank (NRB) has given the final approval for the merger of four different banks and financial institutions (BFIs) into NMB Bank. Bhrikuti Development Bank, Pathibhara Development Bank, Clean Energy Development Bank and Prudential Finance are going to be merged into NMB Bank, according to a press release.</strong></span></p>

<p><span style="font-size:14px"><strong>The merged bank will retain the name NMB Bank. It will have a paid-up capital of Rs 4.15 billion and will come into operation from October 18 this year.</strong></span></p>

<p><span style="font-size:14px"><strong>The total deposits and lending of the merged bank will be Rs 54 billion and Rs 41 billion. The merged bank will have 68 brnaches, 38 ATMs and eight extension counters.</strong></span></p>

<p><span style="font-size:14px"><strong>&ldquo;We have prepared a three-stage plan to raise our paid-up capital. As per the plan, the paid-up capital will be raised to Rs 6 billion by the end of the current fiscal year,&rdquo; said NMB Bank CEO Upendra Poudyal.</strong></span></p>

<p><span style="font-size:14px"><strong>According to Paudyal, 20 percent stakes of the bank formed after the merger will be owned by the bank&rsquo;s foreign joint venture partners.</strong></span></p>

<p><span style="font-size:14px"><strong>Malaysian bank Young Lian and the Netherland&rsquo;s FMO (Financierings Maatschappij-voor Ontwikkelingslanden) will invest in the merged entity.</strong></span></p>
',
			'published' => true,
			'created' => '2015-10-01',
			'modified' => '2015-10-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2764',
			'image' => '20151001023239_banks.jpg',
			'article_date' => '2015-10-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '12'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '2923',
			'article_category_id' => '91',
			'title' => 'Microhydros need to be connected to national grid, says study',
			'sub_title' => '',
			'summary' => 'September 30: Microhydro projects need to be built in such a way that there would be a possibility to connect it to the national electricity grid, a study has recommended.',
			'content' => '<p>September 30: Microhydro projects need to be built in such a way that there would be a possibility to connect it to the national electricity grid, a study has recommended.</p>

<p>The study has shown that it would not be feasible for MHPs to be connected to a separate &lsquo;mini grid&rsquo;, said the World Bank&rsquo;s Senior Energy Expert Tomayuki Yamashita. &ldquo;This is the reason why it would be beneficial for them to be able to be connected to the national grid when a connection becomes available,&rdquo; he said.</p>

<p>The report, titled &lsquo;Access to Electricity through Small and Microhydro Projects, has been prepared by the World Bank with help from Alternative Energy Promotion Centre, and Asia Sustainable and Alternative Energy Programme.</p>
',
			'published' => true,
			'created' => '2015-09-30',
			'modified' => '2015-09-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2763',
			'image' => '20150930011701_lkf;dkf;ldk.jpg',
			'article_date' => '2015-09-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '2922',
			'article_category_id' => '91',
			'title' => 'Nepse to cancel listing of eight companies',
			'sub_title' => '',
			'summary' => 'September 30: Nepal Stock Exchange has said it is going to cancel the listing of eight companies that have remained inactive in t the exchange for a long time.',
			'content' => '<p>September 30: Nepal Stock Exchange has said it is going to cancel the listing of eight companies that have remained inactive in t the exchange for a long time.</p>

<p>Nepse Managing Director Sitaram Thapalia said the companies have not even paid their annual charges to the stock exchange. &ldquo;We are going to cancel the listing of companies that had been suspended for not following our terms and conditions,&rdquo; he said.</p>

<p>According to the exchange, the companies in question have not paid their dues from 5-10 years. The companies whose listing is going to be cancelled are: Butwal Spinning Mill, Yak &amp; Yeti Hotel, Birat Shoes, Nepal Trading, Nepal Welfare Company, Fleur Himalayan Limited, Arun Vanaspati Udhyog and Bitumen and Barrel Industry.</p>

<p>&ldquo;We have already initiated the cancellation process. It will have to be approved by the board,&rdquo; said Thapalia.</p>

<p>Although there are numerous companies that have not paid their dues for years, Nepse has said it is for now going to take action against those who have not cleared their dues for five years or more.</p>
',
			'published' => true,
			'created' => '2015-09-30',
			'modified' => '2015-09-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2762',
			'image' => null,
			'article_date' => '2015-09-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '2921',
			'article_category_id' => '91',
			'title' => 'Machhapuchhre and Janata sign merger MoU',
			'sub_title' => '',
			'summary' => 'September 29: Machhapuchhre Bank and Janata Bank have signed an MoU to enter into a merger. Chairman of Machhapuchhre Bank Dr. Birendra Prasad Mahato and Janata Bank Chairman Uday Nepali signed the MoU amid a programme.',
			'content' => '<p>September 29: Machhapuchhre Bank and Janata Bank have signed an MoU to enter into a merger. Chairman of Machhapuchhre Bank Dr. Birendra Prasad Mahato and Janata Bank Chairman Uday Nepali signed the MoU amid a programme.</p>

<p>The newly formed board of directors will have three members from board of directors of both banks. After the merger, the bank&rsquo;s head office will be in Pokhara, and corporate office in Kathmandu.</p>

<p>The banks decided to go for merger following an NRB directive to commercial banks to raise their paid-up capital to Rs 8 billion. The new bank has a paid-up capital of Rs 5.71 billion. After merger the bank&rsquo;s total has 92 branches and 98 ATMs. Following the decision to go for a merger, share transactions of both banks were suspended on September 21. &nbsp;&nbsp; &nbsp;</p>
',
			'published' => true,
			'created' => '2015-09-29',
			'modified' => '2015-09-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2761',
			'image' => null,
			'article_date' => '2015-09-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 9 => array(
		'Article' => array(
			'id' => '2920',
			'article_category_id' => '1',
			'title' => 'REAAN Holds 1st AGM',
			'sub_title' => '',
			'summary' => 'The Real Estate Agents’ Association of Nepal (REAAN) has held its first annual general meeting in Kathmandu, electing its first-ever executive committee.  The meet unanimously elected Ishwor Prasad Kharel as REAAN’s president. Likewise, 11 members were elected unanimously for a three year term for its 15 member executive committee while an additional 4 members will be nominated from different sectors according to the principles of inclusiveness.',
			'content' => '<p><strong>The Real Estate Agents&rsquo; Association of Nepal (REAAN) has held its first annual general meeting in Kathmandu, electing its first-ever executive committee.</strong></p>

<p><strong>The meet unanimously elected Ishwor Prasad Kharel as REAAN&rsquo;s president. Likewise, 11 members were elected unanimously for a three year term for its 15 member executive committee while an additional 4 members will be nominated from different sectors according to the principles of inclusiveness.</strong></p>

<p><strong>&nbsp;Kharel, in his first speech as president, said all real estate agents in the country have to unite to make the real estate sector systematic.</strong></p>

<p><strong>Inaugurating the meeting, senior economist Dr Bishwambher Pyakuryal said the real estate business has expanded with increasing private sector investment. He also urged the government to invest in the sector to increase government revenue.</strong></p>

<p><strong>Similarly, chief editor of Aarthik Abhiyan daily and secretary of Media Society Nepal, Madan Lamsal said real estate agents should work as good advisors for the buyers and act as a bridge between sellers and buyers.</strong></p>

<p><strong>Kalu Gurung, treasurer of the Nepal Land and Housing Developers&#39; Association said that he was ready to coordinate with the agents. REAAN has brought together two hundred agents so far and hopes it will increase in the future.&nbsp;</strong></p>
',
			'published' => true,
			'created' => '2015-09-29',
			'modified' => '2015-09-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2760',
			'image' => '20150929114930_riyan.jpg',
			'article_date' => '2015-09-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '12'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '2919',
			'article_category_id' => '1',
			'title' => 'Gionee Marathon M5 Launched',
			'sub_title' => '',
			'summary' => 'Gionee, a leading manufacturer of telecommunications equipment, has launched the Gionee Marathon M5 in Nepal. The M series of Gionee is mainly focused on battery performance and the Marathon M5 is the latest addition to this series, said a statement from the company.',
			'content' => '<p style="text-align: justify;"><strong>Gionee, a leading manufacturer of telecommunications equipment, has launched the Gionee Marathon M5 in Nepal. The M series of Gionee is mainly focused on battery performance and the Marathon M5 is the latest addition to this series, said a statement from the company.</strong></p>

<p style="text-align: justify;"><strong>The smartphone, which is priced at Rs 29,999, is Gionee&rsquo;s only dual-battery model. The phone comes equipped with 2 batteries totaling a capacity of a whopping 6020 mAh.</strong></p>

<p style="text-align: justify;"><strong>Gionee believes that Marathon M5 will eliminate the problem of having to constantly charge a smartphone, which is a hassle users have had to put up with. Gionee claims that the M5 will provide up to 1185 hours of standby time and up to 57.5 hours of phone call time; and up to 14 hours of web browsing and watching videos. The phone also has an extreme power saving mode under which, even at 5% battery, users can get 32 hours of standby time and 3 hours of phone call time. The M5 comes with dual charging chips and a 9V-2A charger which will allow it to be charged extremely fast. The M5itself can charge 2 other smartphones at the same time via OTG reverse charge.</strong></p>

<p style="text-align: justify;"><strong>The M5 is a dual-SIM (4G+4G) phone. It has an ultra-slim, metallic unibody and boasts a 5.5&rdquo; HD (1280x720) AMOLED screen. The rear camera is 13MP and the front camera is 5MP. As for memory, the M5 has 16GB internal memory (expandable up to 128GB) and 2GB RAM. The M5 is powered by a 1.3GHz quad-core processor and runs on Amigo 3.1, Gionee&rsquo;s own software based on Android 5.1. The Marathon M5 will allow users the freedom to have a great smartphone with perhaps, the longest battery life in the Nepali market. Gionee is a brand that makes phones which are great on both style and functionality.</strong></p>
',
			'published' => true,
			'created' => '2015-09-29',
			'modified' => '2015-09-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2759',
			'image' => '20150929114808_gionee.jpg',
			'article_date' => '2015-09-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 11 => array(
		'Article' => array(
			'id' => '2918',
			'article_category_id' => '91',
			'title' => 'India’s ‘unofficial’ embargo: 55 vehicles, including four tankers enter Nepal',
			'sub_title' => '',
			'summary' => 'September 28:  Fifty-five vehicles, including four tankers ferrying petroleum products, entered Nepal through Belahiya on Monday, four days after India imposed an ‘unofficial’ blockade on Nepal.',
			'content' => '<p>September 28: &nbsp;Fifty-five vehicles, including four tankers ferrying petroleum products, entered Nepal through Belahiya on Monday, four days after India imposed an &lsquo;unofficial&rsquo; blockade on Nepal.</p>

<p>This comes a day after 38 vehicles entered the country through the same route. Indian officials reportedly relaxed the embargo for vehicles entering Nepal through Belhaiya on Sunday, said Area Police office, Belahiya.&nbsp;</p>

<p>Of the four vehicles ferrying petroleum, three are Gas bullets and one is a diesel tanker. According to the Bhairahawa customs office, Indian officials have also allowed truck loads of coal, marble, fruits, tyres and carpets to pass. The customs office collected Rs 18.7 million in taxes from those carriers, said the office.&nbsp;</p>
',
			'published' => true,
			'created' => '2015-09-29',
			'modified' => '2015-09-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2758',
			'image' => '20150929111726_fdsfds.jpg',
			'article_date' => '2015-09-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '2917',
			'article_category_id' => '91',
			'title' => 'Passenger movement at TIA doubled in 2014',
			'sub_title' => '',
			'summary' => 'September 28: Passenger movement at Tribhuvan International Airport (TIA) doubled in 2014 as compared to the previous year. TIA provided international aviation services to a total of 3.25 million passengers in 2014 against the target of 1.4 million.',
			'content' => '<p>Passenger movement at Tribhuvan International Airport (TIA) doubled in 2014 as compared to the previous year. TIA provided international aviation services to a total of 3.25 million passengers in 2014 against the target of 1.4 million.</p>

<p>Similarly, 1.4 million domestic passengers were expected to receive services from TIA in 2014 but this number increased to 1.5 million, according to TIA General Manager Birendra Shrestha.</p>

<p>Passenger movement has increased at TIA but the country&rsquo;s only international airport&rsquo;s capacity hasn&rsquo;t been increased.</p>

<p>Similarly, Shrestha said that the Gautam Buddha Airport in Bhairahawa that will be upgraded to a regional international airport by 2017 will draw at least 20 percent of the air passengers currently using TIA to fly.</p>

<p>Currently the air traffic at TIA is more than its capacity.</p>

<p>A budget of Rs 3.2 billion was allocated for TIA in the last fiscal year i.e. 2014/15. The airport&rsquo;s budget for FY 2015/16 has been set at Rs 4.6 billion.</p>

<p>In the last fiscal year (2014/15), TIA collected more than Rs 6.71 billion in revenue &ndash; the highest for any given fiscal year so far.</p>
',
			'published' => true,
			'created' => '2015-09-28',
			'modified' => '2015-09-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2757',
			'image' => '20150928013635_2009-03_Kathmandu_10.jpg',
			'article_date' => '2015-09-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '1'
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	(int) 13 => array(
		'Article' => array(
			'id' => '2916',
			'article_category_id' => '91',
			'title' => 'Ghimire elected APPON president',
			'sub_title' => '',
			'summary' => 'September 27 : Shankar Ghimire has been elected president of Association of Pharmaceuticals Producers of Nepal (APPON) on Saturday. The 21st Annual General Meeting of AAPON elected Ghimire and executive committee which will have a tenure of two years.',
			'content' => '<p>September 27 : Shakhar Ghimire has been appointed president of Association of Pharmaceuticals Producers of Nepal (APPON) on Saturday. The 21st Annual General Meeting of AAPON elected Ghimire and executive committee which will have a tenure of two years. The meeting also elected Dipak Dahal, Sushil Mittal, Dipak Pradhan, Prajwal Jung Pandey as Senior Vice-president, Vice- president, General Secretary, and Treasurer of the association respectively.&nbsp;</p>

<p>Similarly, Bijay Raj Shakhya, Prabhat Rungata, Sudhir Prakash Maskey, Dipendra Pradhan, and Prithvi Raj Bhandari executive committee members.</p>
',
			'published' => true,
			'created' => '2015-09-27',
			'modified' => '2015-09-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2756',
			'image' => '20150928120412_lkjfldjlsdj.jpg',
			'article_date' => '2015-09-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '2915',
			'article_category_id' => '91',
			'title' => 'Anjan Shrestha elected NADA president',
			'sub_title' => '',
			'summary' => ' September 27:  Laxmi Intercontinental’s Managing Director Anjan Shrestha has been elected president of Nepal Automobiles Dealers’ Association (NADA).',
			'content' => '<p>&nbsp;September 27: &nbsp;Laxmi Intercontinental&rsquo;s Managing Director Anjan Shrestha has been elected president of Nepal Automobiles Dealers&rsquo; Association (NADA). Of the 327 votes, Shrestha received 212, and his competitior Manoj Sethia, Managing Director, ATC Pvt Ltd. Shrestha received 115 votes. Shrestha will lead NADA for the next two years. Similarly, 14 others have been elected executive committee members</p>
',
			'published' => true,
			'created' => '2015-09-27',
			'modified' => '2015-09-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2755',
			'image' => '20150927032010_anjan-shrestha-nada.jpg',
			'article_date' => '2015-09-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	)
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '2929',
			'article_category_id' => '91',
			'title' => 'No changes in NAC flights despite fuel shortage',
			'sub_title' => '',
			'summary' => 'October 4: Nepal Airlines Corporation has said it is not going to make changes to its international flight schedule, despite fuel shortage. ',
			'content' => '<p>October 4: Nepal Airlines Corporation has said it is not going to make changes to its international flight schedule, despite fuel shortage.&nbsp;</p>

<p>The flag carrier has however cut passenger seats and cargo on its flight so that it can fly with a heavy fuel load.</p>

<p>On Friday one of NAC&rsquo;s two Boeing 757s refueled in New Delhi. The corporation said it had to send its Boeing on the route usually covered by the corporation&rsquo;s Airbus.</p>

<p>Due to an ongoing petroleum crisis in Nepal, NOC on Tuesday had said it will not be able to provide fuel for international flights. The corporation had fuel for flights only till Thursday.&nbsp;</p>

<p>The corporation decided to refuel in India and other countries so that its international flights are not affected. NOC from Friday has used fuelling facilities in New Delhi, Kolkata, Bangkok and Hong Kong for its four aircraft. &ldquo;With Dashain round the corner, passenger numbers have also increased, we will not cut flights due to fuel shortage&rdquo; said NAC spokesperson Ram Hari Sharma. &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2015-10-04',
			'modified' => '2015-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2769',
			'image' => '20151004041037_fdjfdsl;jfdsl;.jpg',
			'article_date' => '2015-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '2928',
			'article_category_id' => '91',
			'title' => 'Balance of Payment surplus doubles compared to last fiscal',
			'sub_title' => '',
			'summary' => 'October 4: Nepal’s Balance of Payment (BoP) surplus doubled during the first month of the current fiscal, compared to the same period last year.',
			'content' => '<p>October 4: Nepal&rsquo;s Balance of Payment (BoP) surplus doubled during the first month of the current fiscal, compared to the same period last year.</p>

<p>According to the central bank, during the first month of FY 2015/16, the BoP surplus stood at Rs 4.95 billion. During the same period FY 2014/15, the figure was Rs 2.77 billion.&nbsp;</p>

<p>This can be attributed to an increment in foreign assistance, growth in remittance and pension income and limited growth in imports.</p>

<p>According to NRB, during July/Aug this year, the central bank&rsquo;s foreign currency has Rs 842.53 billion-- 2.3 percent more than what it was during the same period last year. The reserve is sufficient to finance the import of goods for 13.8 months and services for 11.7 month.&nbsp;</p>

<p><span style="font-size:16px"><strong>Export down by 4 percent, Import up by 7 percent</strong></span><br />
In the first month of current FY, export was limited to Rs 6.46 billion&mdash;a decline of 3.9 percent. Last year, the decline compared to the previous year was 11.5 percent. Likewise, last year the total imports, which registered a growth of 12.5 percent, has increased by 7.2 percent.&nbsp;</p>

<p>During the review period, Nepal&rsquo;s trade deficit stood at Rs 53.12 billion&mdash;up 8.7 percent from last year. Last year, during the same period, the trade deficit was up by 16.6 percent.</p>
',
			'published' => true,
			'created' => '2015-10-04',
			'modified' => '2015-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2768',
			'image' => '20151004025848_fjdsjfdlkjfsdlk.jpg',
			'article_date' => '2015-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '2927',
			'article_category_id' => '91',
			'title' => 'Nepal will be able to export electricity to India only after 2020',
			'sub_title' => '',
			'summary' => 'October 4: Although there has been talk about exporting electricity to India for a long time, it will take at least five more years before Nepal can actually do it, a report suggests.',
			'content' => '<p>October 4: Although there has been talk about exporting electricity to India for a long time, it will take at least five more years before Nepal can actually do it, a report suggests.</p>

<p>The report, prepared by ICF International for Investment Board, Nepal, says that until 2020, India will be able to meet its electricity demand through power produced by burning imported coal and by new hydroelectricity projects.</p>

<p>Coal is going to remain as India&rsquo;s chief source of energy for a long time, said IBN Advisor Bishal Thapa. He said that Nepal&rsquo;s hydropower sector should prepare itself to be able to compete with and displace coal. &ldquo;We see that we have a better prospect when it comes to exporting power to north India,&rdquo; he added.</p>

<p>The study says that Nepal can export up to 2-3 GW of electricity to north India before 2022. Similarly, there is a possibility of displacing coal-powered plants in western India, if transmission lines are to be established. Thapa said that finding a substitute for coal is also important for India to meet its carbon emission commitments.</p>
',
			'published' => true,
			'created' => '2015-10-04',
			'modified' => '2015-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2767',
			'image' => null,
			'article_date' => '2015-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '2926',
			'article_category_id' => '91',
			'title' => 'India directs its officials to ‘help smoothen’ movement of vehicles to Nepal',
			'sub_title' => '',
			'summary' => 'October  4:  The Indian government has directed its officials to ‘help smoothen’ the movement of vehicles to Nepal, thereby officially lifting an ‘unofficial’ trade blockade on Nepal.',
			'content' => '<p>October &nbsp;4: &nbsp;The Indian government has directed its officials to &lsquo;help smoothen&rsquo; the movement of vehicles to Nepal, thereby officially lifting an &lsquo;unofficial&rsquo; trade blockade on Nepal.</p>

<p>Reports coming from both sides of the border say that the Indian government, which has not conceded that it imposed a blockade, has agreed to allow trucks to enter Nepal as usual from Monday Oct 5. However, some reports said the Indian government has decided to continue the blockade at its Raxaul customs.</p>

<p>Following the promulgation of Nepal&rsquo;s new constitution, India had expressed discontent over the major parties&rsquo; failure to address the issues of the Madhes. In a series of statements, it had urged political parties to resolve outstanding issues through dialogue. It had then issued a statement expressing concern over the security of its freight operators given the violence that had ensued in the Madhes following the promulgation of the constitution.</p>

<p>The very next day, India imposed an &lsquo;unofficial&rsquo; blockade on Nepal, saying that supplies would resume once the protests in the Madhes end.</p>
',
			'published' => true,
			'created' => '2015-10-04',
			'modified' => '2015-10-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2766',
			'image' => '20151004114429_Clipboard01.jpg',
			'article_date' => '2015-10-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '2925',
			'article_category_id' => '1',
			'title' => 'Nepal will achieve 4.4% economic growth rate in FY 2015/16: IMF',
			'sub_title' => '',
			'summary' => 'Nepal will have an economic growth rate of 4.4 percent in Fiscal Year (FY) 2015/16, according to the International Money Fund (IMF). The budget for the current fiscal year is ambitious and its implementation is very challenging, said an IMF mission led by Gerard J Almekinders. ',
			'content' => '<p><span style="font-size:14px"><strong>Nepal will have an economic growth rate of 4.4 percent in Fiscal Year (FY) 2015/16, according to the International Money Fund (IMF). The budget for the current fiscal year is ambitious and its implementation is very challenging, said an IMF mission led by Gerard J Almekinders.</strong></span></p>

<p><span style="font-size:14px"><strong>&ldquo;Though the government says the budget will be implemented, it is challenging,&rdquo; he said. IMF has also forecast the inflation to reach 8.5 per cent in the current fiscal year.</strong></span></p>

<p><span style="font-size:14px"><strong>The IMF mission also said that the reconstruction work after the earthquake has not moved as expected. &ldquo;For the implementation of the budget, the coordination between Finance Ministry, National Planning Commission and other related ministries is necessary,&rdquo; said Almekinders at a press conference on October 1.</strong></span></p>

<p><span style="font-size:14px"><strong>The mission also maintained that the bigger size of the budget, increment in foreign aid and the&nbsp;remittance will raise inflation. Similarly, the increment in expenditure of the infrastructure projects and growth in agricultural production will help the economy of the country, informed IMF.</strong></span></p>

<p><span style="font-size:14px"><strong>Commenting on Nepal Rastra Bank&rsquo;s current monetary policy, IMF&rsquo;s senior resident representative in Nepal, India and Bhutan, Dr. Thomas J Richardson said, &ldquo;The trend in the world is that, to increase sufficient capital and in comparison to other countries, the paid-up capital of BFIs of Nepal is low.&rdquo; Likewise, Almekinders said &ldquo;Though the given 2-year deadline is too short, raising the paid-up capital requirement was necessary.&rdquo;</strong></span></p>
',
			'published' => true,
			'created' => '2015-10-02',
			'modified' => '2015-10-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2765',
			'image' => '20151002045514_imf.jpg',
			'article_date' => '2015-10-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '12'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '2924',
			'article_category_id' => '1',
			'title' => 'NRB approves NMB Bank merger',
			'sub_title' => '',
			'summary' => 'Nepal Rastra Bank (NRB) has given the final approval for the merger of four different banks and financial institutions (BFIs) into NMB Bank. Bhrikuti Development Bank, Pathibhara Development Bank, Clean Energy Development Bank and Prudential Finance are going to be merged into NMB Bank, according to a press release. ',
			'content' => '<p><span style="font-size:14px"><strong>Nepal Rastra Bank (NRB) has given the final approval for the merger of four different banks and financial institutions (BFIs) into NMB Bank. Bhrikuti Development Bank, Pathibhara Development Bank, Clean Energy Development Bank and Prudential Finance are going to be merged into NMB Bank, according to a press release.</strong></span></p>

<p><span style="font-size:14px"><strong>The merged bank will retain the name NMB Bank. It will have a paid-up capital of Rs 4.15 billion and will come into operation from October 18 this year.</strong></span></p>

<p><span style="font-size:14px"><strong>The total deposits and lending of the merged bank will be Rs 54 billion and Rs 41 billion. The merged bank will have 68 brnaches, 38 ATMs and eight extension counters.</strong></span></p>

<p><span style="font-size:14px"><strong>&ldquo;We have prepared a three-stage plan to raise our paid-up capital. As per the plan, the paid-up capital will be raised to Rs 6 billion by the end of the current fiscal year,&rdquo; said NMB Bank CEO Upendra Poudyal.</strong></span></p>

<p><span style="font-size:14px"><strong>According to Paudyal, 20 percent stakes of the bank formed after the merger will be owned by the bank&rsquo;s foreign joint venture partners.</strong></span></p>

<p><span style="font-size:14px"><strong>Malaysian bank Young Lian and the Netherland&rsquo;s FMO (Financierings Maatschappij-voor Ontwikkelingslanden) will invest in the merged entity.</strong></span></p>
',
			'published' => true,
			'created' => '2015-10-01',
			'modified' => '2015-10-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2764',
			'image' => '20151001023239_banks.jpg',
			'article_date' => '2015-10-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '12'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '2923',
			'article_category_id' => '91',
			'title' => 'Microhydros need to be connected to national grid, says study',
			'sub_title' => '',
			'summary' => 'September 30: Microhydro projects need to be built in such a way that there would be a possibility to connect it to the national electricity grid, a study has recommended.',
			'content' => '<p>September 30: Microhydro projects need to be built in such a way that there would be a possibility to connect it to the national electricity grid, a study has recommended.</p>

<p>The study has shown that it would not be feasible for MHPs to be connected to a separate &lsquo;mini grid&rsquo;, said the World Bank&rsquo;s Senior Energy Expert Tomayuki Yamashita. &ldquo;This is the reason why it would be beneficial for them to be able to be connected to the national grid when a connection becomes available,&rdquo; he said.</p>

<p>The report, titled &lsquo;Access to Electricity through Small and Microhydro Projects, has been prepared by the World Bank with help from Alternative Energy Promotion Centre, and Asia Sustainable and Alternative Energy Programme.</p>
',
			'published' => true,
			'created' => '2015-09-30',
			'modified' => '2015-09-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2763',
			'image' => '20150930011701_lkf;dkf;ldk.jpg',
			'article_date' => '2015-09-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '2922',
			'article_category_id' => '91',
			'title' => 'Nepse to cancel listing of eight companies',
			'sub_title' => '',
			'summary' => 'September 30: Nepal Stock Exchange has said it is going to cancel the listing of eight companies that have remained inactive in t the exchange for a long time.',
			'content' => '<p>September 30: Nepal Stock Exchange has said it is going to cancel the listing of eight companies that have remained inactive in t the exchange for a long time.</p>

<p>Nepse Managing Director Sitaram Thapalia said the companies have not even paid their annual charges to the stock exchange. &ldquo;We are going to cancel the listing of companies that had been suspended for not following our terms and conditions,&rdquo; he said.</p>

<p>According to the exchange, the companies in question have not paid their dues from 5-10 years. The companies whose listing is going to be cancelled are: Butwal Spinning Mill, Yak &amp; Yeti Hotel, Birat Shoes, Nepal Trading, Nepal Welfare Company, Fleur Himalayan Limited, Arun Vanaspati Udhyog and Bitumen and Barrel Industry.</p>

<p>&ldquo;We have already initiated the cancellation process. It will have to be approved by the board,&rdquo; said Thapalia.</p>

<p>Although there are numerous companies that have not paid their dues for years, Nepse has said it is for now going to take action against those who have not cleared their dues for five years or more.</p>
',
			'published' => true,
			'created' => '2015-09-30',
			'modified' => '2015-09-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2762',
			'image' => null,
			'article_date' => '2015-09-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '2921',
			'article_category_id' => '91',
			'title' => 'Machhapuchhre and Janata sign merger MoU',
			'sub_title' => '',
			'summary' => 'September 29: Machhapuchhre Bank and Janata Bank have signed an MoU to enter into a merger. Chairman of Machhapuchhre Bank Dr. Birendra Prasad Mahato and Janata Bank Chairman Uday Nepali signed the MoU amid a programme.',
			'content' => '<p>September 29: Machhapuchhre Bank and Janata Bank have signed an MoU to enter into a merger. Chairman of Machhapuchhre Bank Dr. Birendra Prasad Mahato and Janata Bank Chairman Uday Nepali signed the MoU amid a programme.</p>

<p>The newly formed board of directors will have three members from board of directors of both banks. After the merger, the bank&rsquo;s head office will be in Pokhara, and corporate office in Kathmandu.</p>

<p>The banks decided to go for merger following an NRB directive to commercial banks to raise their paid-up capital to Rs 8 billion. The new bank has a paid-up capital of Rs 5.71 billion. After merger the bank&rsquo;s total has 92 branches and 98 ATMs. Following the decision to go for a merger, share transactions of both banks were suspended on September 21. &nbsp;&nbsp; &nbsp;</p>
',
			'published' => true,
			'created' => '2015-09-29',
			'modified' => '2015-09-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2761',
			'image' => null,
			'article_date' => '2015-09-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '2920',
			'article_category_id' => '1',
			'title' => 'REAAN Holds 1st AGM',
			'sub_title' => '',
			'summary' => 'The Real Estate Agents’ Association of Nepal (REAAN) has held its first annual general meeting in Kathmandu, electing its first-ever executive committee.  The meet unanimously elected Ishwor Prasad Kharel as REAAN’s president. Likewise, 11 members were elected unanimously for a three year term for its 15 member executive committee while an additional 4 members will be nominated from different sectors according to the principles of inclusiveness.',
			'content' => '<p><strong>The Real Estate Agents&rsquo; Association of Nepal (REAAN) has held its first annual general meeting in Kathmandu, electing its first-ever executive committee.</strong></p>

<p><strong>The meet unanimously elected Ishwor Prasad Kharel as REAAN&rsquo;s president. Likewise, 11 members were elected unanimously for a three year term for its 15 member executive committee while an additional 4 members will be nominated from different sectors according to the principles of inclusiveness.</strong></p>

<p><strong>&nbsp;Kharel, in his first speech as president, said all real estate agents in the country have to unite to make the real estate sector systematic.</strong></p>

<p><strong>Inaugurating the meeting, senior economist Dr Bishwambher Pyakuryal said the real estate business has expanded with increasing private sector investment. He also urged the government to invest in the sector to increase government revenue.</strong></p>

<p><strong>Similarly, chief editor of Aarthik Abhiyan daily and secretary of Media Society Nepal, Madan Lamsal said real estate agents should work as good advisors for the buyers and act as a bridge between sellers and buyers.</strong></p>

<p><strong>Kalu Gurung, treasurer of the Nepal Land and Housing Developers&#39; Association said that he was ready to coordinate with the agents. REAAN has brought together two hundred agents so far and hopes it will increase in the future.&nbsp;</strong></p>
',
			'published' => true,
			'created' => '2015-09-29',
			'modified' => '2015-09-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2760',
			'image' => '20150929114930_riyan.jpg',
			'article_date' => '2015-09-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '12'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '2919',
			'article_category_id' => '1',
			'title' => 'Gionee Marathon M5 Launched',
			'sub_title' => '',
			'summary' => 'Gionee, a leading manufacturer of telecommunications equipment, has launched the Gionee Marathon M5 in Nepal. The M series of Gionee is mainly focused on battery performance and the Marathon M5 is the latest addition to this series, said a statement from the company.',
			'content' => '<p style="text-align: justify;"><strong>Gionee, a leading manufacturer of telecommunications equipment, has launched the Gionee Marathon M5 in Nepal. The M series of Gionee is mainly focused on battery performance and the Marathon M5 is the latest addition to this series, said a statement from the company.</strong></p>

<p style="text-align: justify;"><strong>The smartphone, which is priced at Rs 29,999, is Gionee&rsquo;s only dual-battery model. The phone comes equipped with 2 batteries totaling a capacity of a whopping 6020 mAh.</strong></p>

<p style="text-align: justify;"><strong>Gionee believes that Marathon M5 will eliminate the problem of having to constantly charge a smartphone, which is a hassle users have had to put up with. Gionee claims that the M5 will provide up to 1185 hours of standby time and up to 57.5 hours of phone call time; and up to 14 hours of web browsing and watching videos. The phone also has an extreme power saving mode under which, even at 5% battery, users can get 32 hours of standby time and 3 hours of phone call time. The M5 comes with dual charging chips and a 9V-2A charger which will allow it to be charged extremely fast. The M5itself can charge 2 other smartphones at the same time via OTG reverse charge.</strong></p>

<p style="text-align: justify;"><strong>The M5 is a dual-SIM (4G+4G) phone. It has an ultra-slim, metallic unibody and boasts a 5.5&rdquo; HD (1280x720) AMOLED screen. The rear camera is 13MP and the front camera is 5MP. As for memory, the M5 has 16GB internal memory (expandable up to 128GB) and 2GB RAM. The M5 is powered by a 1.3GHz quad-core processor and runs on Amigo 3.1, Gionee&rsquo;s own software based on Android 5.1. The Marathon M5 will allow users the freedom to have a great smartphone with perhaps, the longest battery life in the Nepali market. Gionee is a brand that makes phones which are great on both style and functionality.</strong></p>
',
			'published' => true,
			'created' => '2015-09-29',
			'modified' => '2015-09-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2759',
			'image' => '20150929114808_gionee.jpg',
			'article_date' => '2015-09-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '12'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '2918',
			'article_category_id' => '91',
			'title' => 'India’s ‘unofficial’ embargo: 55 vehicles, including four tankers enter Nepal',
			'sub_title' => '',
			'summary' => 'September 28:  Fifty-five vehicles, including four tankers ferrying petroleum products, entered Nepal through Belahiya on Monday, four days after India imposed an ‘unofficial’ blockade on Nepal.',
			'content' => '<p>September 28: &nbsp;Fifty-five vehicles, including four tankers ferrying petroleum products, entered Nepal through Belahiya on Monday, four days after India imposed an &lsquo;unofficial&rsquo; blockade on Nepal.</p>

<p>This comes a day after 38 vehicles entered the country through the same route. Indian officials reportedly relaxed the embargo for vehicles entering Nepal through Belhaiya on Sunday, said Area Police office, Belahiya.&nbsp;</p>

<p>Of the four vehicles ferrying petroleum, three are Gas bullets and one is a diesel tanker. According to the Bhairahawa customs office, Indian officials have also allowed truck loads of coal, marble, fruits, tyres and carpets to pass. The customs office collected Rs 18.7 million in taxes from those carriers, said the office.&nbsp;</p>
',
			'published' => true,
			'created' => '2015-09-29',
			'modified' => '2015-09-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2758',
			'image' => '20150929111726_fdsfds.jpg',
			'article_date' => '2015-09-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '2917',
			'article_category_id' => '91',
			'title' => 'Passenger movement at TIA doubled in 2014',
			'sub_title' => '',
			'summary' => 'September 28: Passenger movement at Tribhuvan International Airport (TIA) doubled in 2014 as compared to the previous year. TIA provided international aviation services to a total of 3.25 million passengers in 2014 against the target of 1.4 million.',
			'content' => '<p>Passenger movement at Tribhuvan International Airport (TIA) doubled in 2014 as compared to the previous year. TIA provided international aviation services to a total of 3.25 million passengers in 2014 against the target of 1.4 million.</p>

<p>Similarly, 1.4 million domestic passengers were expected to receive services from TIA in 2014 but this number increased to 1.5 million, according to TIA General Manager Birendra Shrestha.</p>

<p>Passenger movement has increased at TIA but the country&rsquo;s only international airport&rsquo;s capacity hasn&rsquo;t been increased.</p>

<p>Similarly, Shrestha said that the Gautam Buddha Airport in Bhairahawa that will be upgraded to a regional international airport by 2017 will draw at least 20 percent of the air passengers currently using TIA to fly.</p>

<p>Currently the air traffic at TIA is more than its capacity.</p>

<p>A budget of Rs 3.2 billion was allocated for TIA in the last fiscal year i.e. 2014/15. The airport&rsquo;s budget for FY 2015/16 has been set at Rs 4.6 billion.</p>

<p>In the last fiscal year (2014/15), TIA collected more than Rs 6.71 billion in revenue &ndash; the highest for any given fiscal year so far.</p>
',
			'published' => true,
			'created' => '2015-09-28',
			'modified' => '2015-09-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2757',
			'image' => '20150928013635_2009-03_Kathmandu_10.jpg',
			'article_date' => '2015-09-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '2916',
			'article_category_id' => '91',
			'title' => 'Ghimire elected APPON president',
			'sub_title' => '',
			'summary' => 'September 27 : Shankar Ghimire has been elected president of Association of Pharmaceuticals Producers of Nepal (APPON) on Saturday. The 21st Annual General Meeting of AAPON elected Ghimire and executive committee which will have a tenure of two years.',
			'content' => '<p>September 27 : Shakhar Ghimire has been appointed president of Association of Pharmaceuticals Producers of Nepal (APPON) on Saturday. The 21st Annual General Meeting of AAPON elected Ghimire and executive committee which will have a tenure of two years. The meeting also elected Dipak Dahal, Sushil Mittal, Dipak Pradhan, Prajwal Jung Pandey as Senior Vice-president, Vice- president, General Secretary, and Treasurer of the association respectively.&nbsp;</p>

<p>Similarly, Bijay Raj Shakhya, Prabhat Rungata, Sudhir Prakash Maskey, Dipendra Pradhan, and Prithvi Raj Bhandari executive committee members.</p>
',
			'published' => true,
			'created' => '2015-09-27',
			'modified' => '2015-09-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2756',
			'image' => '20150928120412_lkjfldjlsdj.jpg',
			'article_date' => '2015-09-27 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '11'
		)
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	(int) 14 => array(
		'Article' => array(
			'id' => '2915',
			'article_category_id' => '91',
			'title' => 'Anjan Shrestha elected NADA president',
			'sub_title' => '',
			'summary' => ' September 27:  Laxmi Intercontinental’s Managing Director Anjan Shrestha has been elected president of Nepal Automobiles Dealers’ Association (NADA).',
			'content' => '<p>&nbsp;September 27: &nbsp;Laxmi Intercontinental&rsquo;s Managing Director Anjan Shrestha has been elected president of Nepal Automobiles Dealers&rsquo; Association (NADA). Of the 327 votes, Shrestha received 212, and his competitior Manoj Sethia, Managing Director, ATC Pvt Ltd. Shrestha received 115 votes. Shrestha will lead NADA for the next two years. Similarly, 14 others have been elected executive committee members</p>
',
			'published' => true,
			'created' => '2015-09-27',
			'modified' => '2015-09-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '2755',
			'image' => '20150927032010_anjan-shrestha-nada.jpg',
			'article_date' => '2015-09-27 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