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The event was organized as a part of its annual Valentine’s Day fundraising event ‘From One Heart to Another’. The programme was organized in collaboration with Hotel Annapurna and Qatar Airways. </div> <div> </div> <div> Moustafa Gendy, Egyptian ambassador to Nepal was the chief guest of the event which was attended by numerous distinguished personalities. The programme featured a presentation highlighting the works of JMT. According to Agya Khand, Manager at JMT, Qatar Airways made a donation of Rs 250,000, and Everest Bank and Varun Beverages each donated a hundred thousand rupees to the trust as part of their CSR. Besides this, there were numerous individual donations from the attendees of the event. </div> <div> </div> <div> For entertainment, there were various musical performances and the major attraction of the evening was the belly dance and folk Egyptian dances performed by Egyptian dancers. A buffet dinner of Egyptian cuisine and an open bar fuelled up the evening. </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Jayanti Memorial Trust (JMT), a non-profit organization working for the aid of underprivileged people suffering from cardiac ailments, organized ‘Egyptian Night’ on February 14 at Hotel Annapurna. T', 'sortorder' => '2466', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '2614', 'article_category_id' => '109', 'title' => 'Nepse’s Technical Analysis (7 - 16 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <span style="font-size:14px;"><strong>Market Trend</strong></span></div> <div> Nepal Stock Exchange (Nepse) Index made a significant gain of 17.32 points or 2.20% last week. Most of the rise can be attributed to the successful election of Nepali Congress candidate Sushil Koirala as Nepal’s Prime Minister on February 10, 2014. On the same day, Nepse witnessed two circuit breaks gaining more than 4.5%, however, it ended the day up 2.44%. Investor sentiment soured the following day as CPN-UML decided not to join the Congress-led government and instead stay in opposition. Investors remained jittery for remainder of the week though Nepse managed to dole out positive returns. The second quarter earnings so far have been highly positive which should increase investor optimism about dividend expectation in the current fiscal year. During this week, investors may move to investing in the primary market for the IPO of Ridi Hydropower Development Company. </div> <div> </div> <div> <span style="font-size:14px;"><strong>RSI</strong></span></div> <div> The positive move in Nepse resonates in the RSI as the indicator increased by 5.19 points from the previous week to end at 66.09 levels. Though RSI is currently maintaining well within the neutral zone, it is gradually approaching the overbought zone. This indicator is being supported by volume which has been stable at an average of NPR 321 Million last week. This implies a relatively stable supply and demand scenario for shares in the secondary market. </div> <div> </div> <div> <span style="font-size:14px;"><strong>MACD</strong></span></div> <div> The downward momentum witnessed in the MACD indicator is gradually slowing as the MACD line is close to crossing above the signal line in the near term. The MACD line increased from 8.80 to 10.60 points last week while the Signal line decreased further to 10.80 from 12.53 points. This suggests that the near term moving average is pointing towards slightly increasing upward momentum while the longer term moving average still reflects a lower trend. </div> <div> </div> <div> <span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div> <div> On Balance Volume is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. The theory behind OBV is that volume precedes price. In the last week, Nepse increased slightly which is supported by the rising OBV indicator. The increasing pattern of the OBV indicator shows greater market participation when compared to the previous week.</div> <div> </div> <div> <img alt="Market Summary" src="/userfiles/images/ms(1).jpg" style="width: 550px; height: 803px; margin-left: 10px; margin-right: 10px;" /></div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Nepal Stock Exchange (Nepse) Index made a significant gain of 17.32 points or 2.20% last week. Most of the rise can be attributed to the successful election of Nepali Congress candidate Sushil Koirala as Nepal’s Prime Minister on February 10, 2014.', 'sortorder' => '2465', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '2623', 'article_category_id' => '153', 'title' => 'A Case Of Doctor’s Negligence An Appendectomy Gone Wrong', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Shriya Pant </strong></div> <div> </div> <div> “Timro thulo dassaa taryo.” (It’s a Nepali saying whose English equivalent would be “it could have been worse!). I have been getting that a lot since I had an appendectomy on October 2, 2013. It is a straight-forward medical procedure that interns often perform as their first surgery. But this simple procedure has left me with nerve damage – a condition called Meralgia paraesthetica - that is both physically and mentally frustrating.</div> <div> </div> <div> And the worst thing is, after consulting numerous doctors, it turns out I most likely did not even have appendicitis. The pain in my abdomen was pain that can sometimes occur after one has had shingles – which many doctors and surgeons often confuse for appendicitis. Instead of asking me for my medical history, Vayodha Hospital went straight for the surgery route, and consequently, I am living with something that could have been avoided had they simply asked.</div> <div> </div> <div> Through my personal experience, I want to highlight the questionable state of private medical care in Nepal -- bring to light the flawed medical system, from the attitude of the doctors, the way in which the medical staff were so quick to wheel me into the operating theatre, to how the hospital management were not open to compensate me for my resulting nerve damage. </div> <div> </div> <div> Considering that the pain I had was not excruciating nor was my appendix at its bursting point, I would have expected the staff at Vayodha to at least put me under observation for a night. But instead, what I got was “the surgeon is about to leave, what have you decided?” This kind of pressure on the patient does nothing but enhance stress. Yes, the final decision was ours to make, but had the hospital informed, counseled and encouraged us it was not urgent and that ideally, it would be best to observe my condition, we would have surely followed their advice. </div> <div> </div> <div> A patient is not a medical expert; s/he expects proper advice and counseling from doctors or hospital staff. In fact, such advice and counseling should be part of the basic services they offer. Unfortunately, profit, and not patient care and relationships, seems to be their mantra - something that was apparent not only in my experience, but is characteristic of the larger private health care system. </div> <div> </div> <div> In the insatiable quest to make money, hospitals are springing up everywhere in Kathmandu. Where some sound and caring medical advice would be sufficient, patients are being forced to undergo procedures that may not be necessary because they cost more, whether it’s being forced to have C-sections, or other surgeries that should not be the first course of action. </div> <div> </div> <div> While I appreciate that both the director of Vayodha and my surgeon took the time to talk to me about my nerve damage, it was more procedural and neither offered to pay for physiotherapy or other alternative courses to help alleviate the pain (whatever that might be). The surgeon also stubbornly refused to admit that this kind of nerve damage could occur after surgery. Most surprisingly he did not even know what Meralgia paraesthetica was. Instead, he proudly claimed to have simply made a small incision and slid the appendix out within 10-15 minutes! </div> <div> </div> <div> The refusal from the doctor that he may have made a mistake is not surprising. We live in a country where doctors believe, and we reinforce this belief, that they are like god, who know best, and can do no wrong. This is further reinforced by the fact that in Nepal, there are no repercussions for not doing your job properly. Negligence accompanied by impunity is the rule of the game. </div> <div> </div> <div> I am one of the privileged Nepalis, being able to afford a private hospital and seek medical care. But I don’t want to keep going back to our beloved recourse of mero dasa rahecha (It was my bad luck), or ke garne (what to do?). I don’t want to leave what should be practical, scientific and technical solutions to higher powers regardless of the fact that a majority of doctors in this country seem to think they possess. And I don’t want to remain quiet any longer.</div> <div> </div> <div style="text-align: right;"> <em>(Pant has an MSC in international Health Policy from London School of Economics and is a public health professional.)</em></div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'In Nepali healthcare system, negligence accompanied by impunity is the rule of the game.', 'sortorder' => '2464', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '2621', 'article_category_id' => '111', 'title' => 'Top Ten Gainers (7 - 16 February 2014)e', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Top Ten Gainers', 'sortorder' => '2463', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '2619', 'article_category_id' => '113', 'title' => 'US Dollar Exchange Rate At Local Market (7 - 16 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'US Dollar Exchange Rate At Local Market', 'sortorder' => '2462', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '2620', 'article_category_id' => '110', 'title' => 'Top Ten Losers (7 - 16 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Top Ten Losers', 'sortorder' => '2461', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '2618', 'article_category_id' => '112', 'title' => 'Weekly Gold And Silver Price (7 - 16 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Weekly Gold And Silver Price', 'sortorder' => '2460', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 7 => array( 'Article' => array( 'id' => '2615', 'article_category_id' => '108', 'title' => 'Money Matters News In Brief ( 17 - 23 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>Everest Bank Donates Computers to School</strong></span></div> <div> Everest Bank Limited donated computers to Shree Triveni Higher Secondary School, a government school at Katari, Udayapur as a part of its Corporate Social Responsibility on 10th February. AK Ahluwalia, CEO of the Bank handed over the Computers to Balkrishna Karki, Head Master of the School amid a function organized at Corporate Office of the Bank. “Everest Bank is committed to making a difference in the lives of children through quality education. We are thus happy and proud to be involved in the effort to improve education and infrastructure across the rural Nepal,” said Ahluwalia in the event. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Beed Invest’s New Range Of Products</strong></span></div> <div> Beed Invest Limited, Nepal’s first operational portfolio management company licensed by Securities Board of Nepal (SEB0N) has launched a new set of products targeting individual as well as institutional investors. According to the company, the products aim at providing a steady and sustained return to its customers. The products ‘Lagani Briddhi Plus’, ‘Sanchaya Plus’ and ‘Expor Plus’ are catered to individual customers while ‘Paramarsha Plus’ and ‘Salaaha Plus’ are catered to institutional investors. While ‘Lagani Briddhi Plus’ caters to customers with a high risk appetite, ‘Sanchaya Plus’ is for customers with a lower risk appetite; and ‘Expor Plus’ caters to clients who already have an existing portfolio with Beed Invest, which will be reviewed, restructured and constantly monitored. “We are very happy to be continuously providing steady return to our existing clients despite the volatility in the stock market,” said Sujeev Shakya, Chairman of Beed Invest. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Civil Bank Launches ‘Hastakala Karza’</strong></span></div> <div> Civil Bank Limited has launched ‘Civil Bank Hastakala Karza’ targeting the Small and Medium Enterprises (SME) involved in handicraft business. “The primary objective of this product is to provide loans and other financial services to the handicraft business entrepreneurs in most efficient and hassle-free manner. It will promote the handicraft business in Nepal thereby increasing the export of the country’s handicraft products to a certain extent for enhancing the FCY revenue of the country,” said Kishore Maharjan, Chief Executive Officer of the Bank. The Bank has made arrangements for handicraft entrepreneurs to obtain a maximum loan limit of Rs one million without the need for any land and building as collateral under the Civil Bank Hastakala Karza. </div> <div> </div> <div> <strong><span style="font-size:14px;">Global IME’s Branchless Banking in Khudunabari </span></strong></div> <div> Global IME Bank has started branchless banking at Khudunabari, Jhapa. According to a statement from the bank, the service was started by handing over certificates to market representatives. On the same occasion, the Bank organized a programme to enhance financial literacy among the locals. Shanta Shivakoti, Chief of Marketing and Business Promotions of the Bank and Surendra Regmi, Chief Credit Officer of the Bank answered the queries of the locals in the programme. </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Global IME Bank has started branchless banking at Khudunabari, Jhapa. According to a statement from the bank, the service was started by handing over certificates to market representatives.', 'sortorder' => '2459', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 8 => array( 'Article' => array( 'id' => '2609', 'article_category_id' => '156', 'title' => 'Management Tips For Actually Achieving Employee Work Life Balance In This Lifetime!', 'sub_title' => '', 'summary' => null, 'content' => '<div> <img alt="Management Gyan" src="/userfiles/images/lc1(3).jpg" style="float: right; margin: 0px 0px 0px 10px;width: 300px; height: 398px;" />Employee Work Life Balance is big issue for any company struggling to keep a big group of people productive and happy. Yet it’s not just a work benefit and it’s not just a personal goal – something your employees do on the yoga mat. Building productivity for the long run is something every workplace needs to consider, and consider deeply. These six employee work life balance points are designed to get your workforce happy, adjusted and continually maintaining the balance that’s best for all of you. Work on these employee work life balance points with your team leaders and have them worked on down to the least valuable employees. They’ll see the difference – and you will too.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Set Goals</strong></span></div> <div> Your team leaders should be working with employees to understand the goals that they have determined themselves, and those can very well include personal – and outside of the office – goals too. Limits, achievements and dreams are all fair game.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Establish Rewards</strong></span></div> <div> Understanding goals also means achieving them, and extra reasons for doing so. Work with your teams so that rewards are understood, established and fairly administered. And remember, flex-time and paid time off cost you virtually nothing.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Manage Time Wisely</strong></span></div> <div> Obviously, we’re all about good time management. Talk to your team leaders about better managing their own time, and taking better account of workers’ time. Make sure that time requirements and time-off notice restrictions are clearly posted and all of the available software that’s designed just for the task is being used.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Make it Personal</strong></span></div> <div> Your employees want to be treated like adults – especially the good ones. Freedom comes with responsibility, but your star performers are worth the risk. Make sure they understand consequences, and risks too. But letting them go now – letting them auto-manage and auto-decide and auto-progress - has all kinds of ways of paying you back. So does understanding, talking about it, and talking about it with all your people.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Train where necessary</strong></span></div> <div> Again, we mentioned in our post on Employee Satisfaction that you need to be prepared for training. Achieving work life balance for your entire team, or your entire company, can take some serious re-allocation of resources. Stress management can be vital if it turns into a big project, but what employee is going to not love their company after that?</div> <div> </div> <div> <span style="font-size:16px;"><strong>Radiate Positivity</strong></span></div> <div> Loving life and your job still starts with you. Somehow, we think you’re up to the task.</div> <div> </div> <div> But don’t underestimate the key criticisms and complaints of your key players. Listen carefully and improve everything you can for each of them. Celebrate their time off the way that they do, maybe not in the off hours, but when they get back. Everything that contributes to their well-being also contributes to the well being of the organization as a whole.</div> <div> </div> <div> Remember, you can also highlight the positive roles played in and around your workplace. Sometimes the dark clouds come up with the most insightful and brightest workplace tips. Pay attention to them.</div> <div> </div> <div> Some of these are long time propositions – and they may take some time. Workplace culture does sometimes meet stiff resistance, sometimes. You may be pleasantly surprised how quickly and efficiently people take to balance – and learn to love it. <em>(Nimbleschedule)</em></div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Employee Work Life Balance is big issue for any company struggling to keep a big group of people productive and happy. Yet it’s not just a work benefit and it’s not just a personal goal – something your employees do on the yoga mat. Building productivity for the long run is something every workplace needs to consider, and consider deeply.', 'sortorder' => '2458', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 9 => array( 'Article' => array( 'id' => '2616', 'article_category_id' => '153', 'title' => 'Health Of Nepali Ayurvedic Sector', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Suraksha Adhikari</strong></div> <div> </div> <div> Although the use of modern medicine has been increasing over the years in Nepal, more than 75 percent of the country’s population is estimated to be using traditional medicine. Ayurveda, Amchi, Homeopathy and Naturopathy are important traditional health systems that are in practice within the country. Among them, Ayurveda is the oldest and most popular traditional health care system. Dr Baburaja Amatya, Senior Ayurveda Doctor at the Department of Drug Administration said, “Government has opened Ayurvedic Health Centre in every district of the country. This is indicative of the initiative taken by the government in the development of Ayurveda treatment system.”</div> <div> </div> <div> <span style="font-size:14px;"><strong>Increasing Scope</strong></span></div> <div> Be it rural or the urbanities, people have been increasingly opting for Ayurvedic treatment, which can be clearly noticed in the comparative increase of sales and distribution of the Ayurvedic medicines this year. Dr Amatya said, “People are gradually shifting their treatment system from allopathic to ayurvedic one and this is visible in the increase of sales of ayurvedic medicines. The sales of these medicines have doubled this year than that of previous years.”</div> <div> </div> <div> Increasing numbers of ayurvedic companies is another factor that reflects increasing use of ayurvedic treatment among Nepalis. There are 76 Nepali ayurvedic companies and recently some Indian ayurvedic companies are also being established in Nepal. “Almost 30 Indian companies have opened their industry in Nepal promoting the national ayurvedic industry.”</div> <div> </div> <div> <span style="font-size:14px;"><strong>Abundant Raw Materials </strong></span></div> <div> Nepal has a special place in the history of ayurveda. It has rich biodiversity associated with its topographical diversity makes Nepal home to some 1,700 medical plants used in ayurvedic treatment.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Initiatives taken</strong></span></div> <div> Both, the government and the private sector, has been investing and promoting ayurvedic treatment system. Gajendra Bahadur Bhuju, director general at the Department of Drug Administration (DDA) said, “Nepali government has opened an ayurvedic health center in each district. Along with that it has established factories mainly in Butwal, Rupandehi, Birgunj and Kathmandu and some other districts.” “There are more than 100 companies in Nepal owned by government, private sector and foreign investors,” he added.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Verification Measures</strong></span></div> <div> DDA is the regulatory body certifying the production, distribution and quality control of the ayurvedic medicines in Nepal. “The medicines can only be distributed to the market after it is certified as bacteria free,” Dr Amatya said. He added, “Similarly, the medicines are also checked for use of heavy materials like arsenic, lead etc during the manufacture process.” An ayurvedic medicine manufacturing company should mandatorily acquire bacteria free certificate for acquiring permission to market its products. Amatya said the certification process has helped in increasing the quality of the ayurvedic medicines leading to the rise in credibility of Nepali ayurvedic medicines. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Export potential </strong></span></div> <div> Demand for traditional medicine has been growing strongly over the last 15 years, especially in developed countries. As the land of Ayurveda, Nepal is a natural attraction for foreign consumers for alternative medicine. Adding to it, the resurgence of faith in traditional medicine among urban Nepalis after decades of domination of traditional health systems by modern medicine, seems promising. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Problems and challenges</strong></span></div> <div> According to experts, main challenges in this sector include lack of resources and budget in government-owned health institutions, lack of medicines and equipment, lack of programmes that correspond to the need of communities; malpractices at the local level, lack of pathology and radiology services at district ayurveda health centres and lack of awareness among people of available Ayurveda services. </div> <div> </div> <div> Amatya said, “People still lack proper information about the usage, utilization of different ayurvedic medicines as a result of which its popularity is not increasing as expected.” </div> <div> </div> <div> <span style="font-size:14px;"><strong>Steps to be taken</strong></span></div> <div> Ayurveda treatment system has a long way to go in Nepal though it has abundant raw materials for preparing such medicines. Instead of exporting unprocessed herbs to foreign nations at cheaper prices, herbs should be processed within the country and exported at better prices. Maintaining international standards in the quality of human resources used and medicine produced are crucial for the industry to thrive at the international level. Similarly the government should launch effective publicity campaigns, aimed at nationals as well as foreigners, to highlight the effectiveness and benefits of using ayurvedic medicines. </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-23', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Although the use of modern medicine has been increasing over the years in Nepal, more than 75 percent of the country’s population is estimated to be using traditional medicine. Ayurveda, Amchi, Homeopathy and Naturopathy are important traditional health systems that are in practice within the country.', 'sortorder' => '2457', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 10 => array( 'Article' => array( 'id' => '2611', 'article_category_id' => '154', 'title' => 'Learning Curve News In Brief (17 - 23 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:16px;"><strong>TU Introducing Semester System in University Campus </strong></span></div> <div> Tribhuvan University is all set to introduce semester system in postgraduate programmes operated at central departments within the University Campus. The semester system will be applicable from the new academic year for Nepali, English, Hindi, Sanskrit, Linguistics, History, Culture, Sociology, Political Studies, Buddhist Studies, Psychology, Fine Arts, Rural Development, Population Studies, Journalism, Economics, Geography and Library Science departments. The classes will be run in three shifts – morning, day and evening – with a total of 50 students in each shift. Breaking down the number of students subject-wise, 300 students will be admitted in English, 200 in Nepali, 200 in Mathematics and around 100 students each in other remaining subjects.</div> <div> </div> <div> However, Tribhuvan University’s Faculty of Law will see no semester system this year. </div> <div> </div> <div> <span style="font-size:16px;"><strong>PU Publishes Various Results</strong></span></div> <div> Purbanchal University (PU) has published results of various semesters. PU’s Office of the Examination Management, Biratnagar informed that it has published the results of: BHCM-I, BFD-I, B.Pharmacy–VI, MCA-I & III, M.Sc.Meat/Dairy – III, B.Biomedical-I, III, V & VII Semesters & BBS-2nd Year.</div> <div> </div> <div> <span style="font-size:16px;"><strong>TU Results of BA & BBS Yr II Out</strong></span></div> <div> Tribhuvan University has published the results of Bachelor of Arts (BA) Second year-2069 results on Monday.TU’s Office of the Controller of Examination, Balkhu said that 7,110 passed out of the total 28,534 students that appeared in the examination held between 2069 Chaitra to 2070 Baishakh. </div> <div> </div> <div> Similarly, TU has also published Bachelor of Business Studies (BBS) Second year result-2069 results on Wednesday. Out of 65,535 students, 13, 279 passed the examinations held during 2069 Chaitra to 2070 Baishakh.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Medical Insurance to Students</strong></span></div> <div> Tribhuvan University (TU) is planning to provide medical insurance coverage to its students from upcoming academic session. </div> <div> </div> <div> According to TU officials, students enrolled at TU central campuses, its constituent and affiliated colleges will get medical cover for emergency treatment and other health facilities. The insurance coverage would be automatically deemed void after students complete their degree. </div> <div> </div> <div> As per the agreement between various student unions and the TU officials, the university will coordinate with insurance companies for students´ benefit.</div> <div> </div> <div> <span style="font-size:16px;"><strong>HSEB Joint Secretary Caught in the Act</strong></span></div> <div> Commission for the Investigation of Abuse of Authority (CIAA) on February 2, arrested joint secretary of Higher Secondary Education Board (HSEB) Devi Prasad Barakoti while he was accepting bribe of Rs 40,000 from a Dhanusa based Saraswoti Secondary School’s representative. </div> <div> </div> <div> Barakoti, who acts as the chief of HSEB’s affiliation department, was caught while accepting bribe in exchange of providing permission to conduct grade 11 and 12 courses to the school.</div> <div> </div> <div> According to CIAA spokesperson Shreedhar Sapkota, Barakoti will be kept under custody for further investigation into the case.</div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Tribhuvan University is all set to introduce semester system in postgraduate programmes operated at central departments within the University Campus.', 'sortorder' => '2456', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '2613', 'article_category_id' => '109', 'title' => 'Nepse Begins The Week With Marginal Correction', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> Nepal Stock Exchange Limited (Nepse) Index started its weekly trading with a marginal decline on Sunday. The benchmark index of the country’s capital market, which settled at 803.10 points on the last trading day of previous week shed 2.41 points to close at 800.69 points. According to analysts, the decline in Nepse was attributed by the political uncertainty surrounding the formation of new cabinet. Many investors are cautiously looking to the current deadlock seen between Nepali Congress and CPN (UML) over the portfolio division of home ministry. </div> <div> </div> <div> Along with Nepse index Sunday’s turnover of the stock market also decreased to Rs 162.44 million. The fall in daily turnover indicates that the market participation is declining contributed by weaker demand of shares. On Sunday, a total of 691,304 units of shares of 121 companies were traded in the stock market through 2,032 transactions. </div> <div> </div> <div> For the day, Insurance sub-index was the biggest gainer (32.93 points) followed by Hotels (4.31 points) and Development Banks (4.06 points). Meanwhile, Banking sub-index was the biggest loser for the day (6.84 points) which was followed by ‘Others’ (4.7 points), Finance (2.82 points) and Hydropower (1.9 points). Sensitive index representing class ‘A’ listed companies in the secondary market also lost 0.56 points to close at 174.97 points.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Investors Welcome New Government</strong></span></div> <div> After 2 weeks of consecutive decline and a week of sideways trading, Nepse index rose 17.32 (2.2 per cent) points last week. The benchmark index opened its weekly trading on the first day (Sunday) at 785.78 points and settled at 803.10 points on the last day (Thursday). On Monday, Nepse index hit a five and half years high (821 points) before closing down at 803 points. The second day of weekly trading witnessed enforcement of ‘circuit breaker ‘ for two times within half-hour after the commencement of intraday trade. </div> <div> </div> <div> As Sushil Koirala, the leader of Nepali Congress became Prime Minister of the country, investors cheered the new political development. Analysts said that investors positively reacted to the appointment of a liberal democrat who supports open market policies. They, however, warned that the stock market would again see sluggishness if a full cabinet is not formed within few days. </div> <div> </div> <div> For the week (9th to 13th February), shares worth Rs 1.60 billion totaling 5.24 million units were traded in the stock market through 13,492 transactions. Compared to the previous week, the turnover and number of transactions rose 32.56 per cent and 2.61 per cent respectively whereas, unit of shares traded went down by 57.07 per cent. Nepse index saw highest level of 821 points and lowest level of 784 points last week. </div> <div> </div> <div> In terms of weekly turnover, Arun Valley Hydropower Development Company Limited remained at the top spot. Likewise, Nabil Balance Fund-1 again stood the number one spot in terms number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top position as earlier weeks. </div> <div> </div> <div> Most of the trading sub-indices went up last week. For the week, Hotels sub-index was the biggest gainer with more than 200 points. Similarly, Insurance was the second biggest gainer (188 points), followed by Hydropower (81.02 points) and Finance (12.31 points). Similarly, Banking sub-index rose by 9.81 points whereas, sub-indices of Development Banks and Trading increased 6.71 points and 5.41 points respectively. The Sensitive Index representing the share trading of blue chip stocks belonging to class ‘A’ listed companies, meanwhile, went up 3.42 points last week. </div> <div> </div> <div> For the week, shares of 149 companies were transacted in the stock market. Share price of 86 companies saw gain while, 41 observed decline. Share prices of 22 companies remained unchanged over the period.</div> <div> </div> <div> <img alt="Weekly Indices" src="/userfiles/images/index.jpg" style="width: 550px; height: 303px; margin-left: 10px; margin-right: 10px;" /></div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-23', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Nepal Stock Exchange Limited (Nepse) Index started its weekly trading with a marginal decline on Sunday. The benchmark index of the country’s capital market, which settled at 803.10 points on the last trading day of previous week shed 2.41 points to close at 800.69 points.', 'sortorder' => '2455', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '2612', 'article_category_id' => '206', 'title' => 'Samsung Galaxy Grand 2: Grandiose', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Bishwas Regmi</strong></div> <div> </div> <div> It’s no wonder why Samsung has become the golbal smartphone market leader. The Korean manufacturer has been continuously developing its products in a way that every successive one is better than the previous. Samsung Galaxy Grand 2 proves this. The latest 5.25 inch phablet is a major upgrade in terms of hardware specifications and features which were clearly lacking on the Galaxy Grand. The mid-range smartphone is powered by a 1.2 GHz quad-core processor with ARMv7 architecture along with 1.5 GB RAM. This results in faster processing time and smooth multitasking. Similarly, the Adreno 305 GPU can decently handle most of the graphics-demanding video games and applications. </div> <div> </div> <div> Galaxy Grand 2 is a dual-window phablet which runs on Android 4.3 Jelly Bean and Samsung TouchWiz UI. Users can choose programs with sliding window at right side and general window at middle. Compared to the first Galaxy Grand, it has a slimmer body which enhances its overall build quality and feels good in the hand. Galaxy Grand 2 comes with dimensions of 146.8 x 75.3 x 8.9 mm and weighs 163 grams. Just like the Samsung Note 3, the phablet’s back cover is a removable plastic lid with a leather design on top. Adding to the refined look, Galaxy Grand 2 has a chrome finish plate placed around the phone. </div> <div> </div> <div> The dual-SIM phablet houses a TFT capacitive touchscreen HD display (720 x 1280 pixels). With 280 ppi pixel density, the screen gives off sharp and crisp display. Colours look more real and vibrant as the phablet’s display has decent black levels. The display’s touch is also very smooth with brilliant response and provides good viewing angles. </div> <div> </div> <div> Galaxy Grand 2 features an 8 megapixel autofocus LED-flash primary snapper and a 1.9 MP secondary camera. The primary snapper can take good quality photos in well-lit conditions. The camera has multiple shooting modes. Among them ‘best photo’ (for taking a series of photos and select the best one), ‘continuous shot’ (for taking photos every 2 seconds), ‘sound and shot’, HDR and ‘best face’ modes are notable. </div> <div> </div> <div> Users can experience blazing fast internet speed as it has 42.2 Mbps HSDPA and 5.76 Mbps HSUPA. It houses different types of WLAN connections which include Wi-Fi, DLNA, Wi-Fi Direct and Wi-Fi hotspots. The phablet also has Bluetooth 4.0 and a microUSB 2.0. Galaxy Grand 2 comes with 8 GB of internal storage and a card slot which can be used to expand its storage capacity up to 64 GB. Its battery backup is decent as it sports a 2,600 mAh Li-Ion battery. </div> <div> </div> <div> International marketing services Pvt Ltd, the authorized dealer of Samsung mobiles in Nepal, has announced the price of Galaxy Grand 2 at Rs 36,900. It will come with 1 year global warranty for software and hardware. The company has also provided the 6 month warranty for the accessories. Nepali users also can exclusively enjoy the 900 MB free data provided by the network service provider Ncell.</div> <div> </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-03-03', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'The latest 5.25 inch phablet is a major upgrade in terms of hardware specifications and features which were clearly lacking on the Galaxy Grand.', 'sortorder' => '2454', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 13 => array( 'Article' => array( 'id' => '2610', 'article_category_id' => '151', 'title' => 'UIF Promoting Education', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> Udhyami Bhetghat, signature event of Udhyami Impact Fund (UIF) conducted Udhyami Bhetghat-Education this month on 12th of February. The programme was held at Wunjala Moskva Restaurant, Naxal which was focused on the education sector of Nepal. </div> <div> </div> <div> The event was catered to individuals and companies in the Education sector where various entrepreneurs, investors, experts and interested people in the sector were present to expand their network and explore ways to collaborate.</div> <div> </div> <div> Dr Bidhya Nath Koirala, Professor & Head of the Department of Central Department of Education, Shanta Dixit, Founder and Director, Rato Bangala School, Jyoti Tandukar CEO of Alternative Technology and Kailash Badu, Co-founder of Teacher Access were the experts and featured guests of the programme. They shared their insights on the existing education industry of Nepal and challenges in the current system in the programme. </div> <div> </div> <div> The participants were from diverse education sector value chain such as curriculum developers, content writers, commercial schools and colleges, non-profit organizations focused on education to marginalized populations, trainers, workshop/seminar companies, IT education companies and many more. </div> <div> </div> <div> The main sponsor of the event was Biruwa Ventures Pvt Limited and the supporting sponsors were Thames International College and Kings College.</div> <div> </div> <div> Udhyami Bhetghat is held every month. The previous editions of the event were focused on agriculture and tourism sectors. It is a series of sector-focused networking event that hopes to build the entrepreneurial ecosystem of Nepal by giving entrepreneurs a platform to network, share and learn.</div> <div> </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Udhyami Bhetghat, signature event of Udhyami Impact Fund (UIF) conducted Udhyami Bhetghat-Education this month on 12th of February. 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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '2625', 'article_category_id' => '99', 'title' => 'Egyptian Night At Hotel Annapurna', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By TC Correspondent</strong></div> <div> </div> <div> Jayanti Memorial Trust (JMT), a non-profit organization working for the aid of underprivileged people suffering from cardiac ailments, organized ‘Egyptian Night’ on February 14 at Hotel Annapurna. The event was organized as a part of its annual Valentine’s Day fundraising event ‘From One Heart to Another’. The programme was organized in collaboration with Hotel Annapurna and Qatar Airways. </div> <div> </div> <div> Moustafa Gendy, Egyptian ambassador to Nepal was the chief guest of the event which was attended by numerous distinguished personalities. The programme featured a presentation highlighting the works of JMT. According to Agya Khand, Manager at JMT, Qatar Airways made a donation of Rs 250,000, and Everest Bank and Varun Beverages each donated a hundred thousand rupees to the trust as part of their CSR. Besides this, there were numerous individual donations from the attendees of the event. </div> <div> </div> <div> For entertainment, there were various musical performances and the major attraction of the evening was the belly dance and folk Egyptian dances performed by Egyptian dancers. A buffet dinner of Egyptian cuisine and an open bar fuelled up the evening. </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Jayanti Memorial Trust (JMT), a non-profit organization working for the aid of underprivileged people suffering from cardiac ailments, organized ‘Egyptian Night’ on February 14 at Hotel Annapurna. T', 'sortorder' => '2466', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '2614', 'article_category_id' => '109', 'title' => 'Nepse’s Technical Analysis (7 - 16 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <span style="font-size:14px;"><strong>Market Trend</strong></span></div> <div> Nepal Stock Exchange (Nepse) Index made a significant gain of 17.32 points or 2.20% last week. Most of the rise can be attributed to the successful election of Nepali Congress candidate Sushil Koirala as Nepal’s Prime Minister on February 10, 2014. On the same day, Nepse witnessed two circuit breaks gaining more than 4.5%, however, it ended the day up 2.44%. Investor sentiment soured the following day as CPN-UML decided not to join the Congress-led government and instead stay in opposition. Investors remained jittery for remainder of the week though Nepse managed to dole out positive returns. The second quarter earnings so far have been highly positive which should increase investor optimism about dividend expectation in the current fiscal year. During this week, investors may move to investing in the primary market for the IPO of Ridi Hydropower Development Company. </div> <div> </div> <div> <span style="font-size:14px;"><strong>RSI</strong></span></div> <div> The positive move in Nepse resonates in the RSI as the indicator increased by 5.19 points from the previous week to end at 66.09 levels. Though RSI is currently maintaining well within the neutral zone, it is gradually approaching the overbought zone. This indicator is being supported by volume which has been stable at an average of NPR 321 Million last week. This implies a relatively stable supply and demand scenario for shares in the secondary market. </div> <div> </div> <div> <span style="font-size:14px;"><strong>MACD</strong></span></div> <div> The downward momentum witnessed in the MACD indicator is gradually slowing as the MACD line is close to crossing above the signal line in the near term. The MACD line increased from 8.80 to 10.60 points last week while the Signal line decreased further to 10.80 from 12.53 points. This suggests that the near term moving average is pointing towards slightly increasing upward momentum while the longer term moving average still reflects a lower trend. </div> <div> </div> <div> <span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div> <div> On Balance Volume is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. The theory behind OBV is that volume precedes price. In the last week, Nepse increased slightly which is supported by the rising OBV indicator. The increasing pattern of the OBV indicator shows greater market participation when compared to the previous week.</div> <div> </div> <div> <img alt="Market Summary" src="/userfiles/images/ms(1).jpg" style="width: 550px; height: 803px; margin-left: 10px; margin-right: 10px;" /></div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Nepal Stock Exchange (Nepse) Index made a significant gain of 17.32 points or 2.20% last week. Most of the rise can be attributed to the successful election of Nepali Congress candidate Sushil Koirala as Nepal’s Prime Minister on February 10, 2014.', 'sortorder' => '2465', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '2623', 'article_category_id' => '153', 'title' => 'A Case Of Doctor’s Negligence An Appendectomy Gone Wrong', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Shriya Pant </strong></div> <div> </div> <div> “Timro thulo dassaa taryo.” (It’s a Nepali saying whose English equivalent would be “it could have been worse!). I have been getting that a lot since I had an appendectomy on October 2, 2013. It is a straight-forward medical procedure that interns often perform as their first surgery. But this simple procedure has left me with nerve damage – a condition called Meralgia paraesthetica - that is both physically and mentally frustrating.</div> <div> </div> <div> And the worst thing is, after consulting numerous doctors, it turns out I most likely did not even have appendicitis. The pain in my abdomen was pain that can sometimes occur after one has had shingles – which many doctors and surgeons often confuse for appendicitis. Instead of asking me for my medical history, Vayodha Hospital went straight for the surgery route, and consequently, I am living with something that could have been avoided had they simply asked.</div> <div> </div> <div> Through my personal experience, I want to highlight the questionable state of private medical care in Nepal -- bring to light the flawed medical system, from the attitude of the doctors, the way in which the medical staff were so quick to wheel me into the operating theatre, to how the hospital management were not open to compensate me for my resulting nerve damage. </div> <div> </div> <div> Considering that the pain I had was not excruciating nor was my appendix at its bursting point, I would have expected the staff at Vayodha to at least put me under observation for a night. But instead, what I got was “the surgeon is about to leave, what have you decided?” This kind of pressure on the patient does nothing but enhance stress. Yes, the final decision was ours to make, but had the hospital informed, counseled and encouraged us it was not urgent and that ideally, it would be best to observe my condition, we would have surely followed their advice. </div> <div> </div> <div> A patient is not a medical expert; s/he expects proper advice and counseling from doctors or hospital staff. In fact, such advice and counseling should be part of the basic services they offer. Unfortunately, profit, and not patient care and relationships, seems to be their mantra - something that was apparent not only in my experience, but is characteristic of the larger private health care system. </div> <div> </div> <div> In the insatiable quest to make money, hospitals are springing up everywhere in Kathmandu. Where some sound and caring medical advice would be sufficient, patients are being forced to undergo procedures that may not be necessary because they cost more, whether it’s being forced to have C-sections, or other surgeries that should not be the first course of action. </div> <div> </div> <div> While I appreciate that both the director of Vayodha and my surgeon took the time to talk to me about my nerve damage, it was more procedural and neither offered to pay for physiotherapy or other alternative courses to help alleviate the pain (whatever that might be). The surgeon also stubbornly refused to admit that this kind of nerve damage could occur after surgery. Most surprisingly he did not even know what Meralgia paraesthetica was. Instead, he proudly claimed to have simply made a small incision and slid the appendix out within 10-15 minutes! </div> <div> </div> <div> The refusal from the doctor that he may have made a mistake is not surprising. We live in a country where doctors believe, and we reinforce this belief, that they are like god, who know best, and can do no wrong. This is further reinforced by the fact that in Nepal, there are no repercussions for not doing your job properly. Negligence accompanied by impunity is the rule of the game. </div> <div> </div> <div> I am one of the privileged Nepalis, being able to afford a private hospital and seek medical care. But I don’t want to keep going back to our beloved recourse of mero dasa rahecha (It was my bad luck), or ke garne (what to do?). I don’t want to leave what should be practical, scientific and technical solutions to higher powers regardless of the fact that a majority of doctors in this country seem to think they possess. And I don’t want to remain quiet any longer.</div> <div> </div> <div style="text-align: right;"> <em>(Pant has an MSC in international Health Policy from London School of Economics and is a public health professional.)</em></div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'In Nepali healthcare system, negligence accompanied by impunity is the rule of the game.', 'sortorder' => '2464', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '2621', 'article_category_id' => '111', 'title' => 'Top Ten Gainers (7 - 16 February 2014)e', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Top Ten Gainers', 'sortorder' => '2463', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '2619', 'article_category_id' => '113', 'title' => 'US Dollar Exchange Rate At Local Market (7 - 16 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'US Dollar Exchange Rate At Local Market', 'sortorder' => '2462', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '2620', 'article_category_id' => '110', 'title' => 'Top Ten Losers (7 - 16 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Top Ten Losers', 'sortorder' => '2461', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '2618', 'article_category_id' => '112', 'title' => 'Weekly Gold And Silver Price (7 - 16 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Weekly Gold And Silver Price', 'sortorder' => '2460', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 7 => array( 'Article' => array( 'id' => '2615', 'article_category_id' => '108', 'title' => 'Money Matters News In Brief ( 17 - 23 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>Everest Bank Donates Computers to School</strong></span></div> <div> Everest Bank Limited donated computers to Shree Triveni Higher Secondary School, a government school at Katari, Udayapur as a part of its Corporate Social Responsibility on 10th February. AK Ahluwalia, CEO of the Bank handed over the Computers to Balkrishna Karki, Head Master of the School amid a function organized at Corporate Office of the Bank. “Everest Bank is committed to making a difference in the lives of children through quality education. We are thus happy and proud to be involved in the effort to improve education and infrastructure across the rural Nepal,” said Ahluwalia in the event. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Beed Invest’s New Range Of Products</strong></span></div> <div> Beed Invest Limited, Nepal’s first operational portfolio management company licensed by Securities Board of Nepal (SEB0N) has launched a new set of products targeting individual as well as institutional investors. According to the company, the products aim at providing a steady and sustained return to its customers. The products ‘Lagani Briddhi Plus’, ‘Sanchaya Plus’ and ‘Expor Plus’ are catered to individual customers while ‘Paramarsha Plus’ and ‘Salaaha Plus’ are catered to institutional investors. While ‘Lagani Briddhi Plus’ caters to customers with a high risk appetite, ‘Sanchaya Plus’ is for customers with a lower risk appetite; and ‘Expor Plus’ caters to clients who already have an existing portfolio with Beed Invest, which will be reviewed, restructured and constantly monitored. “We are very happy to be continuously providing steady return to our existing clients despite the volatility in the stock market,” said Sujeev Shakya, Chairman of Beed Invest. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Civil Bank Launches ‘Hastakala Karza’</strong></span></div> <div> Civil Bank Limited has launched ‘Civil Bank Hastakala Karza’ targeting the Small and Medium Enterprises (SME) involved in handicraft business. “The primary objective of this product is to provide loans and other financial services to the handicraft business entrepreneurs in most efficient and hassle-free manner. It will promote the handicraft business in Nepal thereby increasing the export of the country’s handicraft products to a certain extent for enhancing the FCY revenue of the country,” said Kishore Maharjan, Chief Executive Officer of the Bank. The Bank has made arrangements for handicraft entrepreneurs to obtain a maximum loan limit of Rs one million without the need for any land and building as collateral under the Civil Bank Hastakala Karza. </div> <div> </div> <div> <strong><span style="font-size:14px;">Global IME’s Branchless Banking in Khudunabari </span></strong></div> <div> Global IME Bank has started branchless banking at Khudunabari, Jhapa. According to a statement from the bank, the service was started by handing over certificates to market representatives. On the same occasion, the Bank organized a programme to enhance financial literacy among the locals. Shanta Shivakoti, Chief of Marketing and Business Promotions of the Bank and Surendra Regmi, Chief Credit Officer of the Bank answered the queries of the locals in the programme. </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Global IME Bank has started branchless banking at Khudunabari, Jhapa. According to a statement from the bank, the service was started by handing over certificates to market representatives.', 'sortorder' => '2459', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 8 => array( 'Article' => array( 'id' => '2609', 'article_category_id' => '156', 'title' => 'Management Tips For Actually Achieving Employee Work Life Balance In This Lifetime!', 'sub_title' => '', 'summary' => null, 'content' => '<div> <img alt="Management Gyan" src="/userfiles/images/lc1(3).jpg" style="float: right; margin: 0px 0px 0px 10px;width: 300px; height: 398px;" />Employee Work Life Balance is big issue for any company struggling to keep a big group of people productive and happy. Yet it’s not just a work benefit and it’s not just a personal goal – something your employees do on the yoga mat. Building productivity for the long run is something every workplace needs to consider, and consider deeply. These six employee work life balance points are designed to get your workforce happy, adjusted and continually maintaining the balance that’s best for all of you. Work on these employee work life balance points with your team leaders and have them worked on down to the least valuable employees. They’ll see the difference – and you will too.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Set Goals</strong></span></div> <div> Your team leaders should be working with employees to understand the goals that they have determined themselves, and those can very well include personal – and outside of the office – goals too. Limits, achievements and dreams are all fair game.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Establish Rewards</strong></span></div> <div> Understanding goals also means achieving them, and extra reasons for doing so. Work with your teams so that rewards are understood, established and fairly administered. And remember, flex-time and paid time off cost you virtually nothing.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Manage Time Wisely</strong></span></div> <div> Obviously, we’re all about good time management. Talk to your team leaders about better managing their own time, and taking better account of workers’ time. Make sure that time requirements and time-off notice restrictions are clearly posted and all of the available software that’s designed just for the task is being used.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Make it Personal</strong></span></div> <div> Your employees want to be treated like adults – especially the good ones. Freedom comes with responsibility, but your star performers are worth the risk. Make sure they understand consequences, and risks too. But letting them go now – letting them auto-manage and auto-decide and auto-progress - has all kinds of ways of paying you back. So does understanding, talking about it, and talking about it with all your people.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Train where necessary</strong></span></div> <div> Again, we mentioned in our post on Employee Satisfaction that you need to be prepared for training. Achieving work life balance for your entire team, or your entire company, can take some serious re-allocation of resources. Stress management can be vital if it turns into a big project, but what employee is going to not love their company after that?</div> <div> </div> <div> <span style="font-size:16px;"><strong>Radiate Positivity</strong></span></div> <div> Loving life and your job still starts with you. Somehow, we think you’re up to the task.</div> <div> </div> <div> But don’t underestimate the key criticisms and complaints of your key players. Listen carefully and improve everything you can for each of them. Celebrate their time off the way that they do, maybe not in the off hours, but when they get back. Everything that contributes to their well-being also contributes to the well being of the organization as a whole.</div> <div> </div> <div> Remember, you can also highlight the positive roles played in and around your workplace. Sometimes the dark clouds come up with the most insightful and brightest workplace tips. Pay attention to them.</div> <div> </div> <div> Some of these are long time propositions – and they may take some time. Workplace culture does sometimes meet stiff resistance, sometimes. You may be pleasantly surprised how quickly and efficiently people take to balance – and learn to love it. <em>(Nimbleschedule)</em></div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Employee Work Life Balance is big issue for any company struggling to keep a big group of people productive and happy. Yet it’s not just a work benefit and it’s not just a personal goal – something your employees do on the yoga mat. Building productivity for the long run is something every workplace needs to consider, and consider deeply.', 'sortorder' => '2458', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 9 => array( 'Article' => array( 'id' => '2616', 'article_category_id' => '153', 'title' => 'Health Of Nepali Ayurvedic Sector', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Suraksha Adhikari</strong></div> <div> </div> <div> Although the use of modern medicine has been increasing over the years in Nepal, more than 75 percent of the country’s population is estimated to be using traditional medicine. Ayurveda, Amchi, Homeopathy and Naturopathy are important traditional health systems that are in practice within the country. Among them, Ayurveda is the oldest and most popular traditional health care system. Dr Baburaja Amatya, Senior Ayurveda Doctor at the Department of Drug Administration said, “Government has opened Ayurvedic Health Centre in every district of the country. This is indicative of the initiative taken by the government in the development of Ayurveda treatment system.”</div> <div> </div> <div> <span style="font-size:14px;"><strong>Increasing Scope</strong></span></div> <div> Be it rural or the urbanities, people have been increasingly opting for Ayurvedic treatment, which can be clearly noticed in the comparative increase of sales and distribution of the Ayurvedic medicines this year. Dr Amatya said, “People are gradually shifting their treatment system from allopathic to ayurvedic one and this is visible in the increase of sales of ayurvedic medicines. The sales of these medicines have doubled this year than that of previous years.”</div> <div> </div> <div> Increasing numbers of ayurvedic companies is another factor that reflects increasing use of ayurvedic treatment among Nepalis. There are 76 Nepali ayurvedic companies and recently some Indian ayurvedic companies are also being established in Nepal. “Almost 30 Indian companies have opened their industry in Nepal promoting the national ayurvedic industry.”</div> <div> </div> <div> <span style="font-size:14px;"><strong>Abundant Raw Materials </strong></span></div> <div> Nepal has a special place in the history of ayurveda. It has rich biodiversity associated with its topographical diversity makes Nepal home to some 1,700 medical plants used in ayurvedic treatment.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Initiatives taken</strong></span></div> <div> Both, the government and the private sector, has been investing and promoting ayurvedic treatment system. Gajendra Bahadur Bhuju, director general at the Department of Drug Administration (DDA) said, “Nepali government has opened an ayurvedic health center in each district. Along with that it has established factories mainly in Butwal, Rupandehi, Birgunj and Kathmandu and some other districts.” “There are more than 100 companies in Nepal owned by government, private sector and foreign investors,” he added.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Verification Measures</strong></span></div> <div> DDA is the regulatory body certifying the production, distribution and quality control of the ayurvedic medicines in Nepal. “The medicines can only be distributed to the market after it is certified as bacteria free,” Dr Amatya said. He added, “Similarly, the medicines are also checked for use of heavy materials like arsenic, lead etc during the manufacture process.” An ayurvedic medicine manufacturing company should mandatorily acquire bacteria free certificate for acquiring permission to market its products. Amatya said the certification process has helped in increasing the quality of the ayurvedic medicines leading to the rise in credibility of Nepali ayurvedic medicines. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Export potential </strong></span></div> <div> Demand for traditional medicine has been growing strongly over the last 15 years, especially in developed countries. As the land of Ayurveda, Nepal is a natural attraction for foreign consumers for alternative medicine. Adding to it, the resurgence of faith in traditional medicine among urban Nepalis after decades of domination of traditional health systems by modern medicine, seems promising. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Problems and challenges</strong></span></div> <div> According to experts, main challenges in this sector include lack of resources and budget in government-owned health institutions, lack of medicines and equipment, lack of programmes that correspond to the need of communities; malpractices at the local level, lack of pathology and radiology services at district ayurveda health centres and lack of awareness among people of available Ayurveda services. </div> <div> </div> <div> Amatya said, “People still lack proper information about the usage, utilization of different ayurvedic medicines as a result of which its popularity is not increasing as expected.” </div> <div> </div> <div> <span style="font-size:14px;"><strong>Steps to be taken</strong></span></div> <div> Ayurveda treatment system has a long way to go in Nepal though it has abundant raw materials for preparing such medicines. Instead of exporting unprocessed herbs to foreign nations at cheaper prices, herbs should be processed within the country and exported at better prices. Maintaining international standards in the quality of human resources used and medicine produced are crucial for the industry to thrive at the international level. Similarly the government should launch effective publicity campaigns, aimed at nationals as well as foreigners, to highlight the effectiveness and benefits of using ayurvedic medicines. </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-23', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Although the use of modern medicine has been increasing over the years in Nepal, more than 75 percent of the country’s population is estimated to be using traditional medicine. Ayurveda, Amchi, Homeopathy and Naturopathy are important traditional health systems that are in practice within the country.', 'sortorder' => '2457', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 10 => array( 'Article' => array( 'id' => '2611', 'article_category_id' => '154', 'title' => 'Learning Curve News In Brief (17 - 23 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:16px;"><strong>TU Introducing Semester System in University Campus </strong></span></div> <div> Tribhuvan University is all set to introduce semester system in postgraduate programmes operated at central departments within the University Campus. The semester system will be applicable from the new academic year for Nepali, English, Hindi, Sanskrit, Linguistics, History, Culture, Sociology, Political Studies, Buddhist Studies, Psychology, Fine Arts, Rural Development, Population Studies, Journalism, Economics, Geography and Library Science departments. The classes will be run in three shifts – morning, day and evening – with a total of 50 students in each shift. Breaking down the number of students subject-wise, 300 students will be admitted in English, 200 in Nepali, 200 in Mathematics and around 100 students each in other remaining subjects.</div> <div> </div> <div> However, Tribhuvan University’s Faculty of Law will see no semester system this year. </div> <div> </div> <div> <span style="font-size:16px;"><strong>PU Publishes Various Results</strong></span></div> <div> Purbanchal University (PU) has published results of various semesters. PU’s Office of the Examination Management, Biratnagar informed that it has published the results of: BHCM-I, BFD-I, B.Pharmacy–VI, MCA-I & III, M.Sc.Meat/Dairy – III, B.Biomedical-I, III, V & VII Semesters & BBS-2nd Year.</div> <div> </div> <div> <span style="font-size:16px;"><strong>TU Results of BA & BBS Yr II Out</strong></span></div> <div> Tribhuvan University has published the results of Bachelor of Arts (BA) Second year-2069 results on Monday.TU’s Office of the Controller of Examination, Balkhu said that 7,110 passed out of the total 28,534 students that appeared in the examination held between 2069 Chaitra to 2070 Baishakh. </div> <div> </div> <div> Similarly, TU has also published Bachelor of Business Studies (BBS) Second year result-2069 results on Wednesday. Out of 65,535 students, 13, 279 passed the examinations held during 2069 Chaitra to 2070 Baishakh.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Medical Insurance to Students</strong></span></div> <div> Tribhuvan University (TU) is planning to provide medical insurance coverage to its students from upcoming academic session. </div> <div> </div> <div> According to TU officials, students enrolled at TU central campuses, its constituent and affiliated colleges will get medical cover for emergency treatment and other health facilities. The insurance coverage would be automatically deemed void after students complete their degree. </div> <div> </div> <div> As per the agreement between various student unions and the TU officials, the university will coordinate with insurance companies for students´ benefit.</div> <div> </div> <div> <span style="font-size:16px;"><strong>HSEB Joint Secretary Caught in the Act</strong></span></div> <div> Commission for the Investigation of Abuse of Authority (CIAA) on February 2, arrested joint secretary of Higher Secondary Education Board (HSEB) Devi Prasad Barakoti while he was accepting bribe of Rs 40,000 from a Dhanusa based Saraswoti Secondary School’s representative. </div> <div> </div> <div> Barakoti, who acts as the chief of HSEB’s affiliation department, was caught while accepting bribe in exchange of providing permission to conduct grade 11 and 12 courses to the school.</div> <div> </div> <div> According to CIAA spokesperson Shreedhar Sapkota, Barakoti will be kept under custody for further investigation into the case.</div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Tribhuvan University is all set to introduce semester system in postgraduate programmes operated at central departments within the University Campus.', 'sortorder' => '2456', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '2613', 'article_category_id' => '109', 'title' => 'Nepse Begins The Week With Marginal Correction', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> Nepal Stock Exchange Limited (Nepse) Index started its weekly trading with a marginal decline on Sunday. The benchmark index of the country’s capital market, which settled at 803.10 points on the last trading day of previous week shed 2.41 points to close at 800.69 points. According to analysts, the decline in Nepse was attributed by the political uncertainty surrounding the formation of new cabinet. Many investors are cautiously looking to the current deadlock seen between Nepali Congress and CPN (UML) over the portfolio division of home ministry. </div> <div> </div> <div> Along with Nepse index Sunday’s turnover of the stock market also decreased to Rs 162.44 million. The fall in daily turnover indicates that the market participation is declining contributed by weaker demand of shares. On Sunday, a total of 691,304 units of shares of 121 companies were traded in the stock market through 2,032 transactions. </div> <div> </div> <div> For the day, Insurance sub-index was the biggest gainer (32.93 points) followed by Hotels (4.31 points) and Development Banks (4.06 points). Meanwhile, Banking sub-index was the biggest loser for the day (6.84 points) which was followed by ‘Others’ (4.7 points), Finance (2.82 points) and Hydropower (1.9 points). Sensitive index representing class ‘A’ listed companies in the secondary market also lost 0.56 points to close at 174.97 points.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Investors Welcome New Government</strong></span></div> <div> After 2 weeks of consecutive decline and a week of sideways trading, Nepse index rose 17.32 (2.2 per cent) points last week. The benchmark index opened its weekly trading on the first day (Sunday) at 785.78 points and settled at 803.10 points on the last day (Thursday). On Monday, Nepse index hit a five and half years high (821 points) before closing down at 803 points. The second day of weekly trading witnessed enforcement of ‘circuit breaker ‘ for two times within half-hour after the commencement of intraday trade. </div> <div> </div> <div> As Sushil Koirala, the leader of Nepali Congress became Prime Minister of the country, investors cheered the new political development. Analysts said that investors positively reacted to the appointment of a liberal democrat who supports open market policies. They, however, warned that the stock market would again see sluggishness if a full cabinet is not formed within few days. </div> <div> </div> <div> For the week (9th to 13th February), shares worth Rs 1.60 billion totaling 5.24 million units were traded in the stock market through 13,492 transactions. Compared to the previous week, the turnover and number of transactions rose 32.56 per cent and 2.61 per cent respectively whereas, unit of shares traded went down by 57.07 per cent. Nepse index saw highest level of 821 points and lowest level of 784 points last week. </div> <div> </div> <div> In terms of weekly turnover, Arun Valley Hydropower Development Company Limited remained at the top spot. Likewise, Nabil Balance Fund-1 again stood the number one spot in terms number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top position as earlier weeks. </div> <div> </div> <div> Most of the trading sub-indices went up last week. For the week, Hotels sub-index was the biggest gainer with more than 200 points. Similarly, Insurance was the second biggest gainer (188 points), followed by Hydropower (81.02 points) and Finance (12.31 points). Similarly, Banking sub-index rose by 9.81 points whereas, sub-indices of Development Banks and Trading increased 6.71 points and 5.41 points respectively. The Sensitive Index representing the share trading of blue chip stocks belonging to class ‘A’ listed companies, meanwhile, went up 3.42 points last week. </div> <div> </div> <div> For the week, shares of 149 companies were transacted in the stock market. Share price of 86 companies saw gain while, 41 observed decline. Share prices of 22 companies remained unchanged over the period.</div> <div> </div> <div> <img alt="Weekly Indices" src="/userfiles/images/index.jpg" style="width: 550px; height: 303px; margin-left: 10px; margin-right: 10px;" /></div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-23', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Nepal Stock Exchange Limited (Nepse) Index started its weekly trading with a marginal decline on Sunday. The benchmark index of the country’s capital market, which settled at 803.10 points on the last trading day of previous week shed 2.41 points to close at 800.69 points.', 'sortorder' => '2455', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '2612', 'article_category_id' => '206', 'title' => 'Samsung Galaxy Grand 2: Grandiose', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Bishwas Regmi</strong></div> <div> </div> <div> It’s no wonder why Samsung has become the golbal smartphone market leader. The Korean manufacturer has been continuously developing its products in a way that every successive one is better than the previous. Samsung Galaxy Grand 2 proves this. The latest 5.25 inch phablet is a major upgrade in terms of hardware specifications and features which were clearly lacking on the Galaxy Grand. The mid-range smartphone is powered by a 1.2 GHz quad-core processor with ARMv7 architecture along with 1.5 GB RAM. This results in faster processing time and smooth multitasking. Similarly, the Adreno 305 GPU can decently handle most of the graphics-demanding video games and applications. </div> <div> </div> <div> Galaxy Grand 2 is a dual-window phablet which runs on Android 4.3 Jelly Bean and Samsung TouchWiz UI. Users can choose programs with sliding window at right side and general window at middle. Compared to the first Galaxy Grand, it has a slimmer body which enhances its overall build quality and feels good in the hand. Galaxy Grand 2 comes with dimensions of 146.8 x 75.3 x 8.9 mm and weighs 163 grams. Just like the Samsung Note 3, the phablet’s back cover is a removable plastic lid with a leather design on top. Adding to the refined look, Galaxy Grand 2 has a chrome finish plate placed around the phone. </div> <div> </div> <div> The dual-SIM phablet houses a TFT capacitive touchscreen HD display (720 x 1280 pixels). With 280 ppi pixel density, the screen gives off sharp and crisp display. Colours look more real and vibrant as the phablet’s display has decent black levels. The display’s touch is also very smooth with brilliant response and provides good viewing angles. </div> <div> </div> <div> Galaxy Grand 2 features an 8 megapixel autofocus LED-flash primary snapper and a 1.9 MP secondary camera. The primary snapper can take good quality photos in well-lit conditions. The camera has multiple shooting modes. Among them ‘best photo’ (for taking a series of photos and select the best one), ‘continuous shot’ (for taking photos every 2 seconds), ‘sound and shot’, HDR and ‘best face’ modes are notable. </div> <div> </div> <div> Users can experience blazing fast internet speed as it has 42.2 Mbps HSDPA and 5.76 Mbps HSUPA. It houses different types of WLAN connections which include Wi-Fi, DLNA, Wi-Fi Direct and Wi-Fi hotspots. The phablet also has Bluetooth 4.0 and a microUSB 2.0. Galaxy Grand 2 comes with 8 GB of internal storage and a card slot which can be used to expand its storage capacity up to 64 GB. Its battery backup is decent as it sports a 2,600 mAh Li-Ion battery. </div> <div> </div> <div> International marketing services Pvt Ltd, the authorized dealer of Samsung mobiles in Nepal, has announced the price of Galaxy Grand 2 at Rs 36,900. It will come with 1 year global warranty for software and hardware. The company has also provided the 6 month warranty for the accessories. Nepali users also can exclusively enjoy the 900 MB free data provided by the network service provider Ncell.</div> <div> </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-03-03', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'The latest 5.25 inch phablet is a major upgrade in terms of hardware specifications and features which were clearly lacking on the Galaxy Grand.', 'sortorder' => '2454', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 13 => array( 'Article' => array( 'id' => '2610', 'article_category_id' => '151', 'title' => 'UIF Promoting Education', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> Udhyami Bhetghat, signature event of Udhyami Impact Fund (UIF) conducted Udhyami Bhetghat-Education this month on 12th of February. The programme was held at Wunjala Moskva Restaurant, Naxal which was focused on the education sector of Nepal. </div> <div> </div> <div> The event was catered to individuals and companies in the Education sector where various entrepreneurs, investors, experts and interested people in the sector were present to expand their network and explore ways to collaborate.</div> <div> </div> <div> Dr Bidhya Nath Koirala, Professor & Head of the Department of Central Department of Education, Shanta Dixit, Founder and Director, Rato Bangala School, Jyoti Tandukar CEO of Alternative Technology and Kailash Badu, Co-founder of Teacher Access were the experts and featured guests of the programme. They shared their insights on the existing education industry of Nepal and challenges in the current system in the programme. </div> <div> </div> <div> The participants were from diverse education sector value chain such as curriculum developers, content writers, commercial schools and colleges, non-profit organizations focused on education to marginalized populations, trainers, workshop/seminar companies, IT education companies and many more. </div> <div> </div> <div> The main sponsor of the event was Biruwa Ventures Pvt Limited and the supporting sponsors were Thames International College and Kings College.</div> <div> </div> <div> Udhyami Bhetghat is held every month. The previous editions of the event were focused on agriculture and tourism sectors. It is a series of sector-focused networking event that hopes to build the entrepreneurial ecosystem of Nepal by giving entrepreneurs a platform to network, share and learn.</div> <div> </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Udhyami Bhetghat, signature event of Udhyami Impact Fund (UIF) conducted Udhyami Bhetghat-Education this month on 12th of February. 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The event was organized as a part of its annual Valentine’s Day fundraising event ‘From One Heart to Another’. The programme was organized in collaboration with Hotel Annapurna and Qatar Airways. </div> <div> </div> <div> Moustafa Gendy, Egyptian ambassador to Nepal was the chief guest of the event which was attended by numerous distinguished personalities. The programme featured a presentation highlighting the works of JMT. According to Agya Khand, Manager at JMT, Qatar Airways made a donation of Rs 250,000, and Everest Bank and Varun Beverages each donated a hundred thousand rupees to the trust as part of their CSR. Besides this, there were numerous individual donations from the attendees of the event. </div> <div> </div> <div> For entertainment, there were various musical performances and the major attraction of the evening was the belly dance and folk Egyptian dances performed by Egyptian dancers. A buffet dinner of Egyptian cuisine and an open bar fuelled up the evening. </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Jayanti Memorial Trust (JMT), a non-profit organization working for the aid of underprivileged people suffering from cardiac ailments, organized ‘Egyptian Night’ on February 14 at Hotel Annapurna. T', 'sortorder' => '2466', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '2614', 'article_category_id' => '109', 'title' => 'Nepse’s Technical Analysis (7 - 16 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <span style="font-size:14px;"><strong>Market Trend</strong></span></div> <div> Nepal Stock Exchange (Nepse) Index made a significant gain of 17.32 points or 2.20% last week. Most of the rise can be attributed to the successful election of Nepali Congress candidate Sushil Koirala as Nepal’s Prime Minister on February 10, 2014. On the same day, Nepse witnessed two circuit breaks gaining more than 4.5%, however, it ended the day up 2.44%. Investor sentiment soured the following day as CPN-UML decided not to join the Congress-led government and instead stay in opposition. Investors remained jittery for remainder of the week though Nepse managed to dole out positive returns. The second quarter earnings so far have been highly positive which should increase investor optimism about dividend expectation in the current fiscal year. During this week, investors may move to investing in the primary market for the IPO of Ridi Hydropower Development Company. </div> <div> </div> <div> <span style="font-size:14px;"><strong>RSI</strong></span></div> <div> The positive move in Nepse resonates in the RSI as the indicator increased by 5.19 points from the previous week to end at 66.09 levels. Though RSI is currently maintaining well within the neutral zone, it is gradually approaching the overbought zone. This indicator is being supported by volume which has been stable at an average of NPR 321 Million last week. This implies a relatively stable supply and demand scenario for shares in the secondary market. </div> <div> </div> <div> <span style="font-size:14px;"><strong>MACD</strong></span></div> <div> The downward momentum witnessed in the MACD indicator is gradually slowing as the MACD line is close to crossing above the signal line in the near term. The MACD line increased from 8.80 to 10.60 points last week while the Signal line decreased further to 10.80 from 12.53 points. This suggests that the near term moving average is pointing towards slightly increasing upward momentum while the longer term moving average still reflects a lower trend. </div> <div> </div> <div> <span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div> <div> On Balance Volume is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. The theory behind OBV is that volume precedes price. In the last week, Nepse increased slightly which is supported by the rising OBV indicator. The increasing pattern of the OBV indicator shows greater market participation when compared to the previous week.</div> <div> </div> <div> <img alt="Market Summary" src="/userfiles/images/ms(1).jpg" style="width: 550px; height: 803px; margin-left: 10px; margin-right: 10px;" /></div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Nepal Stock Exchange (Nepse) Index made a significant gain of 17.32 points or 2.20% last week. Most of the rise can be attributed to the successful election of Nepali Congress candidate Sushil Koirala as Nepal’s Prime Minister on February 10, 2014.', 'sortorder' => '2465', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '2623', 'article_category_id' => '153', 'title' => 'A Case Of Doctor’s Negligence An Appendectomy Gone Wrong', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Shriya Pant </strong></div> <div> </div> <div> “Timro thulo dassaa taryo.” (It’s a Nepali saying whose English equivalent would be “it could have been worse!). I have been getting that a lot since I had an appendectomy on October 2, 2013. It is a straight-forward medical procedure that interns often perform as their first surgery. But this simple procedure has left me with nerve damage – a condition called Meralgia paraesthetica - that is both physically and mentally frustrating.</div> <div> </div> <div> And the worst thing is, after consulting numerous doctors, it turns out I most likely did not even have appendicitis. The pain in my abdomen was pain that can sometimes occur after one has had shingles – which many doctors and surgeons often confuse for appendicitis. Instead of asking me for my medical history, Vayodha Hospital went straight for the surgery route, and consequently, I am living with something that could have been avoided had they simply asked.</div> <div> </div> <div> Through my personal experience, I want to highlight the questionable state of private medical care in Nepal -- bring to light the flawed medical system, from the attitude of the doctors, the way in which the medical staff were so quick to wheel me into the operating theatre, to how the hospital management were not open to compensate me for my resulting nerve damage. </div> <div> </div> <div> Considering that the pain I had was not excruciating nor was my appendix at its bursting point, I would have expected the staff at Vayodha to at least put me under observation for a night. But instead, what I got was “the surgeon is about to leave, what have you decided?” This kind of pressure on the patient does nothing but enhance stress. Yes, the final decision was ours to make, but had the hospital informed, counseled and encouraged us it was not urgent and that ideally, it would be best to observe my condition, we would have surely followed their advice. </div> <div> </div> <div> A patient is not a medical expert; s/he expects proper advice and counseling from doctors or hospital staff. In fact, such advice and counseling should be part of the basic services they offer. Unfortunately, profit, and not patient care and relationships, seems to be their mantra - something that was apparent not only in my experience, but is characteristic of the larger private health care system. </div> <div> </div> <div> In the insatiable quest to make money, hospitals are springing up everywhere in Kathmandu. Where some sound and caring medical advice would be sufficient, patients are being forced to undergo procedures that may not be necessary because they cost more, whether it’s being forced to have C-sections, or other surgeries that should not be the first course of action. </div> <div> </div> <div> While I appreciate that both the director of Vayodha and my surgeon took the time to talk to me about my nerve damage, it was more procedural and neither offered to pay for physiotherapy or other alternative courses to help alleviate the pain (whatever that might be). The surgeon also stubbornly refused to admit that this kind of nerve damage could occur after surgery. Most surprisingly he did not even know what Meralgia paraesthetica was. Instead, he proudly claimed to have simply made a small incision and slid the appendix out within 10-15 minutes! </div> <div> </div> <div> The refusal from the doctor that he may have made a mistake is not surprising. We live in a country where doctors believe, and we reinforce this belief, that they are like god, who know best, and can do no wrong. This is further reinforced by the fact that in Nepal, there are no repercussions for not doing your job properly. Negligence accompanied by impunity is the rule of the game. </div> <div> </div> <div> I am one of the privileged Nepalis, being able to afford a private hospital and seek medical care. But I don’t want to keep going back to our beloved recourse of mero dasa rahecha (It was my bad luck), or ke garne (what to do?). I don’t want to leave what should be practical, scientific and technical solutions to higher powers regardless of the fact that a majority of doctors in this country seem to think they possess. And I don’t want to remain quiet any longer.</div> <div> </div> <div style="text-align: right;"> <em>(Pant has an MSC in international Health Policy from London School of Economics and is a public health professional.)</em></div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'In Nepali healthcare system, negligence accompanied by impunity is the rule of the game.', 'sortorder' => '2464', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '2621', 'article_category_id' => '111', 'title' => 'Top Ten Gainers (7 - 16 February 2014)e', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Top Ten Gainers', 'sortorder' => '2463', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '2619', 'article_category_id' => '113', 'title' => 'US Dollar Exchange Rate At Local Market (7 - 16 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'US Dollar Exchange Rate At Local Market', 'sortorder' => '2462', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '2620', 'article_category_id' => '110', 'title' => 'Top Ten Losers (7 - 16 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Top Ten Losers', 'sortorder' => '2461', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '2618', 'article_category_id' => '112', 'title' => 'Weekly Gold And Silver Price (7 - 16 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Weekly Gold And Silver Price', 'sortorder' => '2460', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 7 => array( 'Article' => array( 'id' => '2615', 'article_category_id' => '108', 'title' => 'Money Matters News In Brief ( 17 - 23 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>Everest Bank Donates Computers to School</strong></span></div> <div> Everest Bank Limited donated computers to Shree Triveni Higher Secondary School, a government school at Katari, Udayapur as a part of its Corporate Social Responsibility on 10th February. AK Ahluwalia, CEO of the Bank handed over the Computers to Balkrishna Karki, Head Master of the School amid a function organized at Corporate Office of the Bank. “Everest Bank is committed to making a difference in the lives of children through quality education. We are thus happy and proud to be involved in the effort to improve education and infrastructure across the rural Nepal,” said Ahluwalia in the event. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Beed Invest’s New Range Of Products</strong></span></div> <div> Beed Invest Limited, Nepal’s first operational portfolio management company licensed by Securities Board of Nepal (SEB0N) has launched a new set of products targeting individual as well as institutional investors. According to the company, the products aim at providing a steady and sustained return to its customers. The products ‘Lagani Briddhi Plus’, ‘Sanchaya Plus’ and ‘Expor Plus’ are catered to individual customers while ‘Paramarsha Plus’ and ‘Salaaha Plus’ are catered to institutional investors. While ‘Lagani Briddhi Plus’ caters to customers with a high risk appetite, ‘Sanchaya Plus’ is for customers with a lower risk appetite; and ‘Expor Plus’ caters to clients who already have an existing portfolio with Beed Invest, which will be reviewed, restructured and constantly monitored. “We are very happy to be continuously providing steady return to our existing clients despite the volatility in the stock market,” said Sujeev Shakya, Chairman of Beed Invest. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Civil Bank Launches ‘Hastakala Karza’</strong></span></div> <div> Civil Bank Limited has launched ‘Civil Bank Hastakala Karza’ targeting the Small and Medium Enterprises (SME) involved in handicraft business. “The primary objective of this product is to provide loans and other financial services to the handicraft business entrepreneurs in most efficient and hassle-free manner. It will promote the handicraft business in Nepal thereby increasing the export of the country’s handicraft products to a certain extent for enhancing the FCY revenue of the country,” said Kishore Maharjan, Chief Executive Officer of the Bank. The Bank has made arrangements for handicraft entrepreneurs to obtain a maximum loan limit of Rs one million without the need for any land and building as collateral under the Civil Bank Hastakala Karza. </div> <div> </div> <div> <strong><span style="font-size:14px;">Global IME’s Branchless Banking in Khudunabari </span></strong></div> <div> Global IME Bank has started branchless banking at Khudunabari, Jhapa. According to a statement from the bank, the service was started by handing over certificates to market representatives. On the same occasion, the Bank organized a programme to enhance financial literacy among the locals. Shanta Shivakoti, Chief of Marketing and Business Promotions of the Bank and Surendra Regmi, Chief Credit Officer of the Bank answered the queries of the locals in the programme. </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Global IME Bank has started branchless banking at Khudunabari, Jhapa. According to a statement from the bank, the service was started by handing over certificates to market representatives.', 'sortorder' => '2459', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 8 => array( 'Article' => array( 'id' => '2609', 'article_category_id' => '156', 'title' => 'Management Tips For Actually Achieving Employee Work Life Balance In This Lifetime!', 'sub_title' => '', 'summary' => null, 'content' => '<div> <img alt="Management Gyan" src="/userfiles/images/lc1(3).jpg" style="float: right; margin: 0px 0px 0px 10px;width: 300px; height: 398px;" />Employee Work Life Balance is big issue for any company struggling to keep a big group of people productive and happy. Yet it’s not just a work benefit and it’s not just a personal goal – something your employees do on the yoga mat. Building productivity for the long run is something every workplace needs to consider, and consider deeply. These six employee work life balance points are designed to get your workforce happy, adjusted and continually maintaining the balance that’s best for all of you. Work on these employee work life balance points with your team leaders and have them worked on down to the least valuable employees. They’ll see the difference – and you will too.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Set Goals</strong></span></div> <div> Your team leaders should be working with employees to understand the goals that they have determined themselves, and those can very well include personal – and outside of the office – goals too. Limits, achievements and dreams are all fair game.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Establish Rewards</strong></span></div> <div> Understanding goals also means achieving them, and extra reasons for doing so. Work with your teams so that rewards are understood, established and fairly administered. And remember, flex-time and paid time off cost you virtually nothing.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Manage Time Wisely</strong></span></div> <div> Obviously, we’re all about good time management. Talk to your team leaders about better managing their own time, and taking better account of workers’ time. Make sure that time requirements and time-off notice restrictions are clearly posted and all of the available software that’s designed just for the task is being used.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Make it Personal</strong></span></div> <div> Your employees want to be treated like adults – especially the good ones. Freedom comes with responsibility, but your star performers are worth the risk. Make sure they understand consequences, and risks too. But letting them go now – letting them auto-manage and auto-decide and auto-progress - has all kinds of ways of paying you back. So does understanding, talking about it, and talking about it with all your people.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Train where necessary</strong></span></div> <div> Again, we mentioned in our post on Employee Satisfaction that you need to be prepared for training. Achieving work life balance for your entire team, or your entire company, can take some serious re-allocation of resources. Stress management can be vital if it turns into a big project, but what employee is going to not love their company after that?</div> <div> </div> <div> <span style="font-size:16px;"><strong>Radiate Positivity</strong></span></div> <div> Loving life and your job still starts with you. Somehow, we think you’re up to the task.</div> <div> </div> <div> But don’t underestimate the key criticisms and complaints of your key players. Listen carefully and improve everything you can for each of them. Celebrate their time off the way that they do, maybe not in the off hours, but when they get back. Everything that contributes to their well-being also contributes to the well being of the organization as a whole.</div> <div> </div> <div> Remember, you can also highlight the positive roles played in and around your workplace. Sometimes the dark clouds come up with the most insightful and brightest workplace tips. Pay attention to them.</div> <div> </div> <div> Some of these are long time propositions – and they may take some time. Workplace culture does sometimes meet stiff resistance, sometimes. You may be pleasantly surprised how quickly and efficiently people take to balance – and learn to love it. <em>(Nimbleschedule)</em></div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Employee Work Life Balance is big issue for any company struggling to keep a big group of people productive and happy. Yet it’s not just a work benefit and it’s not just a personal goal – something your employees do on the yoga mat. Building productivity for the long run is something every workplace needs to consider, and consider deeply.', 'sortorder' => '2458', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 9 => array( 'Article' => array( 'id' => '2616', 'article_category_id' => '153', 'title' => 'Health Of Nepali Ayurvedic Sector', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Suraksha Adhikari</strong></div> <div> </div> <div> Although the use of modern medicine has been increasing over the years in Nepal, more than 75 percent of the country’s population is estimated to be using traditional medicine. Ayurveda, Amchi, Homeopathy and Naturopathy are important traditional health systems that are in practice within the country. Among them, Ayurveda is the oldest and most popular traditional health care system. Dr Baburaja Amatya, Senior Ayurveda Doctor at the Department of Drug Administration said, “Government has opened Ayurvedic Health Centre in every district of the country. This is indicative of the initiative taken by the government in the development of Ayurveda treatment system.”</div> <div> </div> <div> <span style="font-size:14px;"><strong>Increasing Scope</strong></span></div> <div> Be it rural or the urbanities, people have been increasingly opting for Ayurvedic treatment, which can be clearly noticed in the comparative increase of sales and distribution of the Ayurvedic medicines this year. Dr Amatya said, “People are gradually shifting their treatment system from allopathic to ayurvedic one and this is visible in the increase of sales of ayurvedic medicines. The sales of these medicines have doubled this year than that of previous years.”</div> <div> </div> <div> Increasing numbers of ayurvedic companies is another factor that reflects increasing use of ayurvedic treatment among Nepalis. There are 76 Nepali ayurvedic companies and recently some Indian ayurvedic companies are also being established in Nepal. “Almost 30 Indian companies have opened their industry in Nepal promoting the national ayurvedic industry.”</div> <div> </div> <div> <span style="font-size:14px;"><strong>Abundant Raw Materials </strong></span></div> <div> Nepal has a special place in the history of ayurveda. It has rich biodiversity associated with its topographical diversity makes Nepal home to some 1,700 medical plants used in ayurvedic treatment.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Initiatives taken</strong></span></div> <div> Both, the government and the private sector, has been investing and promoting ayurvedic treatment system. Gajendra Bahadur Bhuju, director general at the Department of Drug Administration (DDA) said, “Nepali government has opened an ayurvedic health center in each district. Along with that it has established factories mainly in Butwal, Rupandehi, Birgunj and Kathmandu and some other districts.” “There are more than 100 companies in Nepal owned by government, private sector and foreign investors,” he added.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Verification Measures</strong></span></div> <div> DDA is the regulatory body certifying the production, distribution and quality control of the ayurvedic medicines in Nepal. “The medicines can only be distributed to the market after it is certified as bacteria free,” Dr Amatya said. He added, “Similarly, the medicines are also checked for use of heavy materials like arsenic, lead etc during the manufacture process.” An ayurvedic medicine manufacturing company should mandatorily acquire bacteria free certificate for acquiring permission to market its products. Amatya said the certification process has helped in increasing the quality of the ayurvedic medicines leading to the rise in credibility of Nepali ayurvedic medicines. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Export potential </strong></span></div> <div> Demand for traditional medicine has been growing strongly over the last 15 years, especially in developed countries. As the land of Ayurveda, Nepal is a natural attraction for foreign consumers for alternative medicine. Adding to it, the resurgence of faith in traditional medicine among urban Nepalis after decades of domination of traditional health systems by modern medicine, seems promising. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Problems and challenges</strong></span></div> <div> According to experts, main challenges in this sector include lack of resources and budget in government-owned health institutions, lack of medicines and equipment, lack of programmes that correspond to the need of communities; malpractices at the local level, lack of pathology and radiology services at district ayurveda health centres and lack of awareness among people of available Ayurveda services. </div> <div> </div> <div> Amatya said, “People still lack proper information about the usage, utilization of different ayurvedic medicines as a result of which its popularity is not increasing as expected.” </div> <div> </div> <div> <span style="font-size:14px;"><strong>Steps to be taken</strong></span></div> <div> Ayurveda treatment system has a long way to go in Nepal though it has abundant raw materials for preparing such medicines. Instead of exporting unprocessed herbs to foreign nations at cheaper prices, herbs should be processed within the country and exported at better prices. Maintaining international standards in the quality of human resources used and medicine produced are crucial for the industry to thrive at the international level. Similarly the government should launch effective publicity campaigns, aimed at nationals as well as foreigners, to highlight the effectiveness and benefits of using ayurvedic medicines. </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-23', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Although the use of modern medicine has been increasing over the years in Nepal, more than 75 percent of the country’s population is estimated to be using traditional medicine. Ayurveda, Amchi, Homeopathy and Naturopathy are important traditional health systems that are in practice within the country.', 'sortorder' => '2457', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 10 => array( 'Article' => array( 'id' => '2611', 'article_category_id' => '154', 'title' => 'Learning Curve News In Brief (17 - 23 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:16px;"><strong>TU Introducing Semester System in University Campus </strong></span></div> <div> Tribhuvan University is all set to introduce semester system in postgraduate programmes operated at central departments within the University Campus. The semester system will be applicable from the new academic year for Nepali, English, Hindi, Sanskrit, Linguistics, History, Culture, Sociology, Political Studies, Buddhist Studies, Psychology, Fine Arts, Rural Development, Population Studies, Journalism, Economics, Geography and Library Science departments. The classes will be run in three shifts – morning, day and evening – with a total of 50 students in each shift. Breaking down the number of students subject-wise, 300 students will be admitted in English, 200 in Nepali, 200 in Mathematics and around 100 students each in other remaining subjects.</div> <div> </div> <div> However, Tribhuvan University’s Faculty of Law will see no semester system this year. </div> <div> </div> <div> <span style="font-size:16px;"><strong>PU Publishes Various Results</strong></span></div> <div> Purbanchal University (PU) has published results of various semesters. PU’s Office of the Examination Management, Biratnagar informed that it has published the results of: BHCM-I, BFD-I, B.Pharmacy–VI, MCA-I & III, M.Sc.Meat/Dairy – III, B.Biomedical-I, III, V & VII Semesters & BBS-2nd Year.</div> <div> </div> <div> <span style="font-size:16px;"><strong>TU Results of BA & BBS Yr II Out</strong></span></div> <div> Tribhuvan University has published the results of Bachelor of Arts (BA) Second year-2069 results on Monday.TU’s Office of the Controller of Examination, Balkhu said that 7,110 passed out of the total 28,534 students that appeared in the examination held between 2069 Chaitra to 2070 Baishakh. </div> <div> </div> <div> Similarly, TU has also published Bachelor of Business Studies (BBS) Second year result-2069 results on Wednesday. Out of 65,535 students, 13, 279 passed the examinations held during 2069 Chaitra to 2070 Baishakh.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Medical Insurance to Students</strong></span></div> <div> Tribhuvan University (TU) is planning to provide medical insurance coverage to its students from upcoming academic session. </div> <div> </div> <div> According to TU officials, students enrolled at TU central campuses, its constituent and affiliated colleges will get medical cover for emergency treatment and other health facilities. The insurance coverage would be automatically deemed void after students complete their degree. </div> <div> </div> <div> As per the agreement between various student unions and the TU officials, the university will coordinate with insurance companies for students´ benefit.</div> <div> </div> <div> <span style="font-size:16px;"><strong>HSEB Joint Secretary Caught in the Act</strong></span></div> <div> Commission for the Investigation of Abuse of Authority (CIAA) on February 2, arrested joint secretary of Higher Secondary Education Board (HSEB) Devi Prasad Barakoti while he was accepting bribe of Rs 40,000 from a Dhanusa based Saraswoti Secondary School’s representative. </div> <div> </div> <div> Barakoti, who acts as the chief of HSEB’s affiliation department, was caught while accepting bribe in exchange of providing permission to conduct grade 11 and 12 courses to the school.</div> <div> </div> <div> According to CIAA spokesperson Shreedhar Sapkota, Barakoti will be kept under custody for further investigation into the case.</div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Tribhuvan University is all set to introduce semester system in postgraduate programmes operated at central departments within the University Campus.', 'sortorder' => '2456', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '2613', 'article_category_id' => '109', 'title' => 'Nepse Begins The Week With Marginal Correction', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> Nepal Stock Exchange Limited (Nepse) Index started its weekly trading with a marginal decline on Sunday. The benchmark index of the country’s capital market, which settled at 803.10 points on the last trading day of previous week shed 2.41 points to close at 800.69 points. According to analysts, the decline in Nepse was attributed by the political uncertainty surrounding the formation of new cabinet. Many investors are cautiously looking to the current deadlock seen between Nepali Congress and CPN (UML) over the portfolio division of home ministry. </div> <div> </div> <div> Along with Nepse index Sunday’s turnover of the stock market also decreased to Rs 162.44 million. The fall in daily turnover indicates that the market participation is declining contributed by weaker demand of shares. On Sunday, a total of 691,304 units of shares of 121 companies were traded in the stock market through 2,032 transactions. </div> <div> </div> <div> For the day, Insurance sub-index was the biggest gainer (32.93 points) followed by Hotels (4.31 points) and Development Banks (4.06 points). Meanwhile, Banking sub-index was the biggest loser for the day (6.84 points) which was followed by ‘Others’ (4.7 points), Finance (2.82 points) and Hydropower (1.9 points). Sensitive index representing class ‘A’ listed companies in the secondary market also lost 0.56 points to close at 174.97 points.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Investors Welcome New Government</strong></span></div> <div> After 2 weeks of consecutive decline and a week of sideways trading, Nepse index rose 17.32 (2.2 per cent) points last week. The benchmark index opened its weekly trading on the first day (Sunday) at 785.78 points and settled at 803.10 points on the last day (Thursday). On Monday, Nepse index hit a five and half years high (821 points) before closing down at 803 points. The second day of weekly trading witnessed enforcement of ‘circuit breaker ‘ for two times within half-hour after the commencement of intraday trade. </div> <div> </div> <div> As Sushil Koirala, the leader of Nepali Congress became Prime Minister of the country, investors cheered the new political development. Analysts said that investors positively reacted to the appointment of a liberal democrat who supports open market policies. They, however, warned that the stock market would again see sluggishness if a full cabinet is not formed within few days. </div> <div> </div> <div> For the week (9th to 13th February), shares worth Rs 1.60 billion totaling 5.24 million units were traded in the stock market through 13,492 transactions. Compared to the previous week, the turnover and number of transactions rose 32.56 per cent and 2.61 per cent respectively whereas, unit of shares traded went down by 57.07 per cent. Nepse index saw highest level of 821 points and lowest level of 784 points last week. </div> <div> </div> <div> In terms of weekly turnover, Arun Valley Hydropower Development Company Limited remained at the top spot. Likewise, Nabil Balance Fund-1 again stood the number one spot in terms number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top position as earlier weeks. </div> <div> </div> <div> Most of the trading sub-indices went up last week. For the week, Hotels sub-index was the biggest gainer with more than 200 points. Similarly, Insurance was the second biggest gainer (188 points), followed by Hydropower (81.02 points) and Finance (12.31 points). Similarly, Banking sub-index rose by 9.81 points whereas, sub-indices of Development Banks and Trading increased 6.71 points and 5.41 points respectively. The Sensitive Index representing the share trading of blue chip stocks belonging to class ‘A’ listed companies, meanwhile, went up 3.42 points last week. </div> <div> </div> <div> For the week, shares of 149 companies were transacted in the stock market. Share price of 86 companies saw gain while, 41 observed decline. Share prices of 22 companies remained unchanged over the period.</div> <div> </div> <div> <img alt="Weekly Indices" src="/userfiles/images/index.jpg" style="width: 550px; height: 303px; margin-left: 10px; margin-right: 10px;" /></div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-23', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Nepal Stock Exchange Limited (Nepse) Index started its weekly trading with a marginal decline on Sunday. The benchmark index of the country’s capital market, which settled at 803.10 points on the last trading day of previous week shed 2.41 points to close at 800.69 points.', 'sortorder' => '2455', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '2612', 'article_category_id' => '206', 'title' => 'Samsung Galaxy Grand 2: Grandiose', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Bishwas Regmi</strong></div> <div> </div> <div> It’s no wonder why Samsung has become the golbal smartphone market leader. The Korean manufacturer has been continuously developing its products in a way that every successive one is better than the previous. Samsung Galaxy Grand 2 proves this. The latest 5.25 inch phablet is a major upgrade in terms of hardware specifications and features which were clearly lacking on the Galaxy Grand. The mid-range smartphone is powered by a 1.2 GHz quad-core processor with ARMv7 architecture along with 1.5 GB RAM. This results in faster processing time and smooth multitasking. Similarly, the Adreno 305 GPU can decently handle most of the graphics-demanding video games and applications. </div> <div> </div> <div> Galaxy Grand 2 is a dual-window phablet which runs on Android 4.3 Jelly Bean and Samsung TouchWiz UI. Users can choose programs with sliding window at right side and general window at middle. Compared to the first Galaxy Grand, it has a slimmer body which enhances its overall build quality and feels good in the hand. Galaxy Grand 2 comes with dimensions of 146.8 x 75.3 x 8.9 mm and weighs 163 grams. Just like the Samsung Note 3, the phablet’s back cover is a removable plastic lid with a leather design on top. Adding to the refined look, Galaxy Grand 2 has a chrome finish plate placed around the phone. </div> <div> </div> <div> The dual-SIM phablet houses a TFT capacitive touchscreen HD display (720 x 1280 pixels). With 280 ppi pixel density, the screen gives off sharp and crisp display. Colours look more real and vibrant as the phablet’s display has decent black levels. The display’s touch is also very smooth with brilliant response and provides good viewing angles. </div> <div> </div> <div> Galaxy Grand 2 features an 8 megapixel autofocus LED-flash primary snapper and a 1.9 MP secondary camera. The primary snapper can take good quality photos in well-lit conditions. The camera has multiple shooting modes. Among them ‘best photo’ (for taking a series of photos and select the best one), ‘continuous shot’ (for taking photos every 2 seconds), ‘sound and shot’, HDR and ‘best face’ modes are notable. </div> <div> </div> <div> Users can experience blazing fast internet speed as it has 42.2 Mbps HSDPA and 5.76 Mbps HSUPA. It houses different types of WLAN connections which include Wi-Fi, DLNA, Wi-Fi Direct and Wi-Fi hotspots. The phablet also has Bluetooth 4.0 and a microUSB 2.0. Galaxy Grand 2 comes with 8 GB of internal storage and a card slot which can be used to expand its storage capacity up to 64 GB. Its battery backup is decent as it sports a 2,600 mAh Li-Ion battery. </div> <div> </div> <div> International marketing services Pvt Ltd, the authorized dealer of Samsung mobiles in Nepal, has announced the price of Galaxy Grand 2 at Rs 36,900. It will come with 1 year global warranty for software and hardware. The company has also provided the 6 month warranty for the accessories. Nepali users also can exclusively enjoy the 900 MB free data provided by the network service provider Ncell.</div> <div> </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-03-03', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'The latest 5.25 inch phablet is a major upgrade in terms of hardware specifications and features which were clearly lacking on the Galaxy Grand.', 'sortorder' => '2454', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 13 => array( 'Article' => array( 'id' => '2610', 'article_category_id' => '151', 'title' => 'UIF Promoting Education', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> Udhyami Bhetghat, signature event of Udhyami Impact Fund (UIF) conducted Udhyami Bhetghat-Education this month on 12th of February. The programme was held at Wunjala Moskva Restaurant, Naxal which was focused on the education sector of Nepal. </div> <div> </div> <div> The event was catered to individuals and companies in the Education sector where various entrepreneurs, investors, experts and interested people in the sector were present to expand their network and explore ways to collaborate.</div> <div> </div> <div> Dr Bidhya Nath Koirala, Professor & Head of the Department of Central Department of Education, Shanta Dixit, Founder and Director, Rato Bangala School, Jyoti Tandukar CEO of Alternative Technology and Kailash Badu, Co-founder of Teacher Access were the experts and featured guests of the programme. They shared their insights on the existing education industry of Nepal and challenges in the current system in the programme. </div> <div> </div> <div> The participants were from diverse education sector value chain such as curriculum developers, content writers, commercial schools and colleges, non-profit organizations focused on education to marginalized populations, trainers, workshop/seminar companies, IT education companies and many more. </div> <div> </div> <div> The main sponsor of the event was Biruwa Ventures Pvt Limited and the supporting sponsors were Thames International College and Kings College.</div> <div> </div> <div> Udhyami Bhetghat is held every month. The previous editions of the event were focused on agriculture and tourism sectors. It is a series of sector-focused networking event that hopes to build the entrepreneurial ecosystem of Nepal by giving entrepreneurs a platform to network, share and learn.</div> <div> </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Udhyami Bhetghat, signature event of Udhyami Impact Fund (UIF) conducted Udhyami Bhetghat-Education this month on 12th of February. The programme was held at Wunjala Moskva Restaurant, Naxal which was focused on the education sector of Nepal.', 'sortorder' => '2453', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 14 => array( 'Article' => array( 'id' => '2607', 'article_category_id' => '160', 'title' => 'Corptoon Vol 4 Issue 7', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Corptoon', 'sortorder' => '2452', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '2625', 'article_category_id' => '99', 'title' => 'Egyptian Night At Hotel Annapurna', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By TC Correspondent</strong></div> <div> </div> <div> Jayanti Memorial Trust (JMT), a non-profit organization working for the aid of underprivileged people suffering from cardiac ailments, organized ‘Egyptian Night’ on February 14 at Hotel Annapurna. The event was organized as a part of its annual Valentine’s Day fundraising event ‘From One Heart to Another’. The programme was organized in collaboration with Hotel Annapurna and Qatar Airways. </div> <div> </div> <div> Moustafa Gendy, Egyptian ambassador to Nepal was the chief guest of the event which was attended by numerous distinguished personalities. The programme featured a presentation highlighting the works of JMT. According to Agya Khand, Manager at JMT, Qatar Airways made a donation of Rs 250,000, and Everest Bank and Varun Beverages each donated a hundred thousand rupees to the trust as part of their CSR. Besides this, there were numerous individual donations from the attendees of the event. </div> <div> </div> <div> For entertainment, there were various musical performances and the major attraction of the evening was the belly dance and folk Egyptian dances performed by Egyptian dancers. A buffet dinner of Egyptian cuisine and an open bar fuelled up the evening. </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Jayanti Memorial Trust (JMT), a non-profit organization working for the aid of underprivileged people suffering from cardiac ailments, organized ‘Egyptian Night’ on February 14 at Hotel Annapurna. T', 'sortorder' => '2466', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '2614', 'article_category_id' => '109', 'title' => 'Nepse’s Technical Analysis (7 - 16 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <span style="font-size:14px;"><strong>Market Trend</strong></span></div> <div> Nepal Stock Exchange (Nepse) Index made a significant gain of 17.32 points or 2.20% last week. Most of the rise can be attributed to the successful election of Nepali Congress candidate Sushil Koirala as Nepal’s Prime Minister on February 10, 2014. On the same day, Nepse witnessed two circuit breaks gaining more than 4.5%, however, it ended the day up 2.44%. Investor sentiment soured the following day as CPN-UML decided not to join the Congress-led government and instead stay in opposition. Investors remained jittery for remainder of the week though Nepse managed to dole out positive returns. The second quarter earnings so far have been highly positive which should increase investor optimism about dividend expectation in the current fiscal year. During this week, investors may move to investing in the primary market for the IPO of Ridi Hydropower Development Company. </div> <div> </div> <div> <span style="font-size:14px;"><strong>RSI</strong></span></div> <div> The positive move in Nepse resonates in the RSI as the indicator increased by 5.19 points from the previous week to end at 66.09 levels. Though RSI is currently maintaining well within the neutral zone, it is gradually approaching the overbought zone. This indicator is being supported by volume which has been stable at an average of NPR 321 Million last week. This implies a relatively stable supply and demand scenario for shares in the secondary market. </div> <div> </div> <div> <span style="font-size:14px;"><strong>MACD</strong></span></div> <div> The downward momentum witnessed in the MACD indicator is gradually slowing as the MACD line is close to crossing above the signal line in the near term. The MACD line increased from 8.80 to 10.60 points last week while the Signal line decreased further to 10.80 from 12.53 points. This suggests that the near term moving average is pointing towards slightly increasing upward momentum while the longer term moving average still reflects a lower trend. </div> <div> </div> <div> <span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div> <div> On Balance Volume is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. The theory behind OBV is that volume precedes price. In the last week, Nepse increased slightly which is supported by the rising OBV indicator. The increasing pattern of the OBV indicator shows greater market participation when compared to the previous week.</div> <div> </div> <div> <img alt="Market Summary" src="/userfiles/images/ms(1).jpg" style="width: 550px; height: 803px; margin-left: 10px; margin-right: 10px;" /></div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Nepal Stock Exchange (Nepse) Index made a significant gain of 17.32 points or 2.20% last week. Most of the rise can be attributed to the successful election of Nepali Congress candidate Sushil Koirala as Nepal’s Prime Minister on February 10, 2014.', 'sortorder' => '2465', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '2623', 'article_category_id' => '153', 'title' => 'A Case Of Doctor’s Negligence An Appendectomy Gone Wrong', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Shriya Pant </strong></div> <div> </div> <div> “Timro thulo dassaa taryo.” (It’s a Nepali saying whose English equivalent would be “it could have been worse!). I have been getting that a lot since I had an appendectomy on October 2, 2013. It is a straight-forward medical procedure that interns often perform as their first surgery. But this simple procedure has left me with nerve damage – a condition called Meralgia paraesthetica - that is both physically and mentally frustrating.</div> <div> </div> <div> And the worst thing is, after consulting numerous doctors, it turns out I most likely did not even have appendicitis. The pain in my abdomen was pain that can sometimes occur after one has had shingles – which many doctors and surgeons often confuse for appendicitis. Instead of asking me for my medical history, Vayodha Hospital went straight for the surgery route, and consequently, I am living with something that could have been avoided had they simply asked.</div> <div> </div> <div> Through my personal experience, I want to highlight the questionable state of private medical care in Nepal -- bring to light the flawed medical system, from the attitude of the doctors, the way in which the medical staff were so quick to wheel me into the operating theatre, to how the hospital management were not open to compensate me for my resulting nerve damage. </div> <div> </div> <div> Considering that the pain I had was not excruciating nor was my appendix at its bursting point, I would have expected the staff at Vayodha to at least put me under observation for a night. But instead, what I got was “the surgeon is about to leave, what have you decided?” This kind of pressure on the patient does nothing but enhance stress. Yes, the final decision was ours to make, but had the hospital informed, counseled and encouraged us it was not urgent and that ideally, it would be best to observe my condition, we would have surely followed their advice. </div> <div> </div> <div> A patient is not a medical expert; s/he expects proper advice and counseling from doctors or hospital staff. In fact, such advice and counseling should be part of the basic services they offer. Unfortunately, profit, and not patient care and relationships, seems to be their mantra - something that was apparent not only in my experience, but is characteristic of the larger private health care system. </div> <div> </div> <div> In the insatiable quest to make money, hospitals are springing up everywhere in Kathmandu. Where some sound and caring medical advice would be sufficient, patients are being forced to undergo procedures that may not be necessary because they cost more, whether it’s being forced to have C-sections, or other surgeries that should not be the first course of action. </div> <div> </div> <div> While I appreciate that both the director of Vayodha and my surgeon took the time to talk to me about my nerve damage, it was more procedural and neither offered to pay for physiotherapy or other alternative courses to help alleviate the pain (whatever that might be). The surgeon also stubbornly refused to admit that this kind of nerve damage could occur after surgery. Most surprisingly he did not even know what Meralgia paraesthetica was. Instead, he proudly claimed to have simply made a small incision and slid the appendix out within 10-15 minutes! </div> <div> </div> <div> The refusal from the doctor that he may have made a mistake is not surprising. We live in a country where doctors believe, and we reinforce this belief, that they are like god, who know best, and can do no wrong. This is further reinforced by the fact that in Nepal, there are no repercussions for not doing your job properly. Negligence accompanied by impunity is the rule of the game. </div> <div> </div> <div> I am one of the privileged Nepalis, being able to afford a private hospital and seek medical care. But I don’t want to keep going back to our beloved recourse of mero dasa rahecha (It was my bad luck), or ke garne (what to do?). I don’t want to leave what should be practical, scientific and technical solutions to higher powers regardless of the fact that a majority of doctors in this country seem to think they possess. And I don’t want to remain quiet any longer.</div> <div> </div> <div style="text-align: right;"> <em>(Pant has an MSC in international Health Policy from London School of Economics and is a public health professional.)</em></div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'In Nepali healthcare system, negligence accompanied by impunity is the rule of the game.', 'sortorder' => '2464', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '2621', 'article_category_id' => '111', 'title' => 'Top Ten Gainers (7 - 16 February 2014)e', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Top Ten Gainers', 'sortorder' => '2463', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '2619', 'article_category_id' => '113', 'title' => 'US Dollar Exchange Rate At Local Market (7 - 16 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'US Dollar Exchange Rate At Local Market', 'sortorder' => '2462', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '2620', 'article_category_id' => '110', 'title' => 'Top Ten Losers (7 - 16 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Top Ten Losers', 'sortorder' => '2461', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '2618', 'article_category_id' => '112', 'title' => 'Weekly Gold And Silver Price (7 - 16 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Weekly Gold And Silver Price', 'sortorder' => '2460', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 7 => array( 'Article' => array( 'id' => '2615', 'article_category_id' => '108', 'title' => 'Money Matters News In Brief ( 17 - 23 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>Everest Bank Donates Computers to School</strong></span></div> <div> Everest Bank Limited donated computers to Shree Triveni Higher Secondary School, a government school at Katari, Udayapur as a part of its Corporate Social Responsibility on 10th February. AK Ahluwalia, CEO of the Bank handed over the Computers to Balkrishna Karki, Head Master of the School amid a function organized at Corporate Office of the Bank. “Everest Bank is committed to making a difference in the lives of children through quality education. We are thus happy and proud to be involved in the effort to improve education and infrastructure across the rural Nepal,” said Ahluwalia in the event. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Beed Invest’s New Range Of Products</strong></span></div> <div> Beed Invest Limited, Nepal’s first operational portfolio management company licensed by Securities Board of Nepal (SEB0N) has launched a new set of products targeting individual as well as institutional investors. According to the company, the products aim at providing a steady and sustained return to its customers. The products ‘Lagani Briddhi Plus’, ‘Sanchaya Plus’ and ‘Expor Plus’ are catered to individual customers while ‘Paramarsha Plus’ and ‘Salaaha Plus’ are catered to institutional investors. While ‘Lagani Briddhi Plus’ caters to customers with a high risk appetite, ‘Sanchaya Plus’ is for customers with a lower risk appetite; and ‘Expor Plus’ caters to clients who already have an existing portfolio with Beed Invest, which will be reviewed, restructured and constantly monitored. “We are very happy to be continuously providing steady return to our existing clients despite the volatility in the stock market,” said Sujeev Shakya, Chairman of Beed Invest. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Civil Bank Launches ‘Hastakala Karza’</strong></span></div> <div> Civil Bank Limited has launched ‘Civil Bank Hastakala Karza’ targeting the Small and Medium Enterprises (SME) involved in handicraft business. “The primary objective of this product is to provide loans and other financial services to the handicraft business entrepreneurs in most efficient and hassle-free manner. It will promote the handicraft business in Nepal thereby increasing the export of the country’s handicraft products to a certain extent for enhancing the FCY revenue of the country,” said Kishore Maharjan, Chief Executive Officer of the Bank. The Bank has made arrangements for handicraft entrepreneurs to obtain a maximum loan limit of Rs one million without the need for any land and building as collateral under the Civil Bank Hastakala Karza. </div> <div> </div> <div> <strong><span style="font-size:14px;">Global IME’s Branchless Banking in Khudunabari </span></strong></div> <div> Global IME Bank has started branchless banking at Khudunabari, Jhapa. According to a statement from the bank, the service was started by handing over certificates to market representatives. On the same occasion, the Bank organized a programme to enhance financial literacy among the locals. Shanta Shivakoti, Chief of Marketing and Business Promotions of the Bank and Surendra Regmi, Chief Credit Officer of the Bank answered the queries of the locals in the programme. </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Global IME Bank has started branchless banking at Khudunabari, Jhapa. According to a statement from the bank, the service was started by handing over certificates to market representatives.', 'sortorder' => '2459', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 8 => array( 'Article' => array( 'id' => '2609', 'article_category_id' => '156', 'title' => 'Management Tips For Actually Achieving Employee Work Life Balance In This Lifetime!', 'sub_title' => '', 'summary' => null, 'content' => '<div> <img alt="Management Gyan" src="/userfiles/images/lc1(3).jpg" style="float: right; margin: 0px 0px 0px 10px;width: 300px; height: 398px;" />Employee Work Life Balance is big issue for any company struggling to keep a big group of people productive and happy. Yet it’s not just a work benefit and it’s not just a personal goal – something your employees do on the yoga mat. Building productivity for the long run is something every workplace needs to consider, and consider deeply. These six employee work life balance points are designed to get your workforce happy, adjusted and continually maintaining the balance that’s best for all of you. Work on these employee work life balance points with your team leaders and have them worked on down to the least valuable employees. They’ll see the difference – and you will too.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Set Goals</strong></span></div> <div> Your team leaders should be working with employees to understand the goals that they have determined themselves, and those can very well include personal – and outside of the office – goals too. Limits, achievements and dreams are all fair game.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Establish Rewards</strong></span></div> <div> Understanding goals also means achieving them, and extra reasons for doing so. Work with your teams so that rewards are understood, established and fairly administered. And remember, flex-time and paid time off cost you virtually nothing.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Manage Time Wisely</strong></span></div> <div> Obviously, we’re all about good time management. Talk to your team leaders about better managing their own time, and taking better account of workers’ time. Make sure that time requirements and time-off notice restrictions are clearly posted and all of the available software that’s designed just for the task is being used.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Make it Personal</strong></span></div> <div> Your employees want to be treated like adults – especially the good ones. Freedom comes with responsibility, but your star performers are worth the risk. Make sure they understand consequences, and risks too. But letting them go now – letting them auto-manage and auto-decide and auto-progress - has all kinds of ways of paying you back. So does understanding, talking about it, and talking about it with all your people.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Train where necessary</strong></span></div> <div> Again, we mentioned in our post on Employee Satisfaction that you need to be prepared for training. Achieving work life balance for your entire team, or your entire company, can take some serious re-allocation of resources. Stress management can be vital if it turns into a big project, but what employee is going to not love their company after that?</div> <div> </div> <div> <span style="font-size:16px;"><strong>Radiate Positivity</strong></span></div> <div> Loving life and your job still starts with you. Somehow, we think you’re up to the task.</div> <div> </div> <div> But don’t underestimate the key criticisms and complaints of your key players. Listen carefully and improve everything you can for each of them. Celebrate their time off the way that they do, maybe not in the off hours, but when they get back. Everything that contributes to their well-being also contributes to the well being of the organization as a whole.</div> <div> </div> <div> Remember, you can also highlight the positive roles played in and around your workplace. Sometimes the dark clouds come up with the most insightful and brightest workplace tips. Pay attention to them.</div> <div> </div> <div> Some of these are long time propositions – and they may take some time. Workplace culture does sometimes meet stiff resistance, sometimes. You may be pleasantly surprised how quickly and efficiently people take to balance – and learn to love it. <em>(Nimbleschedule)</em></div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Employee Work Life Balance is big issue for any company struggling to keep a big group of people productive and happy. Yet it’s not just a work benefit and it’s not just a personal goal – something your employees do on the yoga mat. Building productivity for the long run is something every workplace needs to consider, and consider deeply.', 'sortorder' => '2458', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 9 => array( 'Article' => array( 'id' => '2616', 'article_category_id' => '153', 'title' => 'Health Of Nepali Ayurvedic Sector', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Suraksha Adhikari</strong></div> <div> </div> <div> Although the use of modern medicine has been increasing over the years in Nepal, more than 75 percent of the country’s population is estimated to be using traditional medicine. Ayurveda, Amchi, Homeopathy and Naturopathy are important traditional health systems that are in practice within the country. Among them, Ayurveda is the oldest and most popular traditional health care system. Dr Baburaja Amatya, Senior Ayurveda Doctor at the Department of Drug Administration said, “Government has opened Ayurvedic Health Centre in every district of the country. This is indicative of the initiative taken by the government in the development of Ayurveda treatment system.”</div> <div> </div> <div> <span style="font-size:14px;"><strong>Increasing Scope</strong></span></div> <div> Be it rural or the urbanities, people have been increasingly opting for Ayurvedic treatment, which can be clearly noticed in the comparative increase of sales and distribution of the Ayurvedic medicines this year. Dr Amatya said, “People are gradually shifting their treatment system from allopathic to ayurvedic one and this is visible in the increase of sales of ayurvedic medicines. The sales of these medicines have doubled this year than that of previous years.”</div> <div> </div> <div> Increasing numbers of ayurvedic companies is another factor that reflects increasing use of ayurvedic treatment among Nepalis. There are 76 Nepali ayurvedic companies and recently some Indian ayurvedic companies are also being established in Nepal. “Almost 30 Indian companies have opened their industry in Nepal promoting the national ayurvedic industry.”</div> <div> </div> <div> <span style="font-size:14px;"><strong>Abundant Raw Materials </strong></span></div> <div> Nepal has a special place in the history of ayurveda. It has rich biodiversity associated with its topographical diversity makes Nepal home to some 1,700 medical plants used in ayurvedic treatment.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Initiatives taken</strong></span></div> <div> Both, the government and the private sector, has been investing and promoting ayurvedic treatment system. Gajendra Bahadur Bhuju, director general at the Department of Drug Administration (DDA) said, “Nepali government has opened an ayurvedic health center in each district. Along with that it has established factories mainly in Butwal, Rupandehi, Birgunj and Kathmandu and some other districts.” “There are more than 100 companies in Nepal owned by government, private sector and foreign investors,” he added.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Verification Measures</strong></span></div> <div> DDA is the regulatory body certifying the production, distribution and quality control of the ayurvedic medicines in Nepal. “The medicines can only be distributed to the market after it is certified as bacteria free,” Dr Amatya said. He added, “Similarly, the medicines are also checked for use of heavy materials like arsenic, lead etc during the manufacture process.” An ayurvedic medicine manufacturing company should mandatorily acquire bacteria free certificate for acquiring permission to market its products. Amatya said the certification process has helped in increasing the quality of the ayurvedic medicines leading to the rise in credibility of Nepali ayurvedic medicines. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Export potential </strong></span></div> <div> Demand for traditional medicine has been growing strongly over the last 15 years, especially in developed countries. As the land of Ayurveda, Nepal is a natural attraction for foreign consumers for alternative medicine. Adding to it, the resurgence of faith in traditional medicine among urban Nepalis after decades of domination of traditional health systems by modern medicine, seems promising. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Problems and challenges</strong></span></div> <div> According to experts, main challenges in this sector include lack of resources and budget in government-owned health institutions, lack of medicines and equipment, lack of programmes that correspond to the need of communities; malpractices at the local level, lack of pathology and radiology services at district ayurveda health centres and lack of awareness among people of available Ayurveda services. </div> <div> </div> <div> Amatya said, “People still lack proper information about the usage, utilization of different ayurvedic medicines as a result of which its popularity is not increasing as expected.” </div> <div> </div> <div> <span style="font-size:14px;"><strong>Steps to be taken</strong></span></div> <div> Ayurveda treatment system has a long way to go in Nepal though it has abundant raw materials for preparing such medicines. Instead of exporting unprocessed herbs to foreign nations at cheaper prices, herbs should be processed within the country and exported at better prices. Maintaining international standards in the quality of human resources used and medicine produced are crucial for the industry to thrive at the international level. Similarly the government should launch effective publicity campaigns, aimed at nationals as well as foreigners, to highlight the effectiveness and benefits of using ayurvedic medicines. </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-23', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Although the use of modern medicine has been increasing over the years in Nepal, more than 75 percent of the country’s population is estimated to be using traditional medicine. Ayurveda, Amchi, Homeopathy and Naturopathy are important traditional health systems that are in practice within the country.', 'sortorder' => '2457', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 10 => array( 'Article' => array( 'id' => '2611', 'article_category_id' => '154', 'title' => 'Learning Curve News In Brief (17 - 23 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:16px;"><strong>TU Introducing Semester System in University Campus </strong></span></div> <div> Tribhuvan University is all set to introduce semester system in postgraduate programmes operated at central departments within the University Campus. The semester system will be applicable from the new academic year for Nepali, English, Hindi, Sanskrit, Linguistics, History, Culture, Sociology, Political Studies, Buddhist Studies, Psychology, Fine Arts, Rural Development, Population Studies, Journalism, Economics, Geography and Library Science departments. The classes will be run in three shifts – morning, day and evening – with a total of 50 students in each shift. Breaking down the number of students subject-wise, 300 students will be admitted in English, 200 in Nepali, 200 in Mathematics and around 100 students each in other remaining subjects.</div> <div> </div> <div> However, Tribhuvan University’s Faculty of Law will see no semester system this year. </div> <div> </div> <div> <span style="font-size:16px;"><strong>PU Publishes Various Results</strong></span></div> <div> Purbanchal University (PU) has published results of various semesters. PU’s Office of the Examination Management, Biratnagar informed that it has published the results of: BHCM-I, BFD-I, B.Pharmacy–VI, MCA-I & III, M.Sc.Meat/Dairy – III, B.Biomedical-I, III, V & VII Semesters & BBS-2nd Year.</div> <div> </div> <div> <span style="font-size:16px;"><strong>TU Results of BA & BBS Yr II Out</strong></span></div> <div> Tribhuvan University has published the results of Bachelor of Arts (BA) Second year-2069 results on Monday.TU’s Office of the Controller of Examination, Balkhu said that 7,110 passed out of the total 28,534 students that appeared in the examination held between 2069 Chaitra to 2070 Baishakh. </div> <div> </div> <div> Similarly, TU has also published Bachelor of Business Studies (BBS) Second year result-2069 results on Wednesday. Out of 65,535 students, 13, 279 passed the examinations held during 2069 Chaitra to 2070 Baishakh.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Medical Insurance to Students</strong></span></div> <div> Tribhuvan University (TU) is planning to provide medical insurance coverage to its students from upcoming academic session. </div> <div> </div> <div> According to TU officials, students enrolled at TU central campuses, its constituent and affiliated colleges will get medical cover for emergency treatment and other health facilities. The insurance coverage would be automatically deemed void after students complete their degree. </div> <div> </div> <div> As per the agreement between various student unions and the TU officials, the university will coordinate with insurance companies for students´ benefit.</div> <div> </div> <div> <span style="font-size:16px;"><strong>HSEB Joint Secretary Caught in the Act</strong></span></div> <div> Commission for the Investigation of Abuse of Authority (CIAA) on February 2, arrested joint secretary of Higher Secondary Education Board (HSEB) Devi Prasad Barakoti while he was accepting bribe of Rs 40,000 from a Dhanusa based Saraswoti Secondary School’s representative. </div> <div> </div> <div> Barakoti, who acts as the chief of HSEB’s affiliation department, was caught while accepting bribe in exchange of providing permission to conduct grade 11 and 12 courses to the school.</div> <div> </div> <div> According to CIAA spokesperson Shreedhar Sapkota, Barakoti will be kept under custody for further investigation into the case.</div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Tribhuvan University is all set to introduce semester system in postgraduate programmes operated at central departments within the University Campus.', 'sortorder' => '2456', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '2613', 'article_category_id' => '109', 'title' => 'Nepse Begins The Week With Marginal Correction', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> Nepal Stock Exchange Limited (Nepse) Index started its weekly trading with a marginal decline on Sunday. The benchmark index of the country’s capital market, which settled at 803.10 points on the last trading day of previous week shed 2.41 points to close at 800.69 points. According to analysts, the decline in Nepse was attributed by the political uncertainty surrounding the formation of new cabinet. Many investors are cautiously looking to the current deadlock seen between Nepali Congress and CPN (UML) over the portfolio division of home ministry. </div> <div> </div> <div> Along with Nepse index Sunday’s turnover of the stock market also decreased to Rs 162.44 million. The fall in daily turnover indicates that the market participation is declining contributed by weaker demand of shares. On Sunday, a total of 691,304 units of shares of 121 companies were traded in the stock market through 2,032 transactions. </div> <div> </div> <div> For the day, Insurance sub-index was the biggest gainer (32.93 points) followed by Hotels (4.31 points) and Development Banks (4.06 points). Meanwhile, Banking sub-index was the biggest loser for the day (6.84 points) which was followed by ‘Others’ (4.7 points), Finance (2.82 points) and Hydropower (1.9 points). Sensitive index representing class ‘A’ listed companies in the secondary market also lost 0.56 points to close at 174.97 points.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Investors Welcome New Government</strong></span></div> <div> After 2 weeks of consecutive decline and a week of sideways trading, Nepse index rose 17.32 (2.2 per cent) points last week. The benchmark index opened its weekly trading on the first day (Sunday) at 785.78 points and settled at 803.10 points on the last day (Thursday). On Monday, Nepse index hit a five and half years high (821 points) before closing down at 803 points. The second day of weekly trading witnessed enforcement of ‘circuit breaker ‘ for two times within half-hour after the commencement of intraday trade. </div> <div> </div> <div> As Sushil Koirala, the leader of Nepali Congress became Prime Minister of the country, investors cheered the new political development. Analysts said that investors positively reacted to the appointment of a liberal democrat who supports open market policies. They, however, warned that the stock market would again see sluggishness if a full cabinet is not formed within few days. </div> <div> </div> <div> For the week (9th to 13th February), shares worth Rs 1.60 billion totaling 5.24 million units were traded in the stock market through 13,492 transactions. Compared to the previous week, the turnover and number of transactions rose 32.56 per cent and 2.61 per cent respectively whereas, unit of shares traded went down by 57.07 per cent. Nepse index saw highest level of 821 points and lowest level of 784 points last week. </div> <div> </div> <div> In terms of weekly turnover, Arun Valley Hydropower Development Company Limited remained at the top spot. Likewise, Nabil Balance Fund-1 again stood the number one spot in terms number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top position as earlier weeks. </div> <div> </div> <div> Most of the trading sub-indices went up last week. For the week, Hotels sub-index was the biggest gainer with more than 200 points. Similarly, Insurance was the second biggest gainer (188 points), followed by Hydropower (81.02 points) and Finance (12.31 points). Similarly, Banking sub-index rose by 9.81 points whereas, sub-indices of Development Banks and Trading increased 6.71 points and 5.41 points respectively. The Sensitive Index representing the share trading of blue chip stocks belonging to class ‘A’ listed companies, meanwhile, went up 3.42 points last week. </div> <div> </div> <div> For the week, shares of 149 companies were transacted in the stock market. Share price of 86 companies saw gain while, 41 observed decline. Share prices of 22 companies remained unchanged over the period.</div> <div> </div> <div> <img alt="Weekly Indices" src="/userfiles/images/index.jpg" style="width: 550px; height: 303px; margin-left: 10px; margin-right: 10px;" /></div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-23', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Nepal Stock Exchange Limited (Nepse) Index started its weekly trading with a marginal decline on Sunday. The benchmark index of the country’s capital market, which settled at 803.10 points on the last trading day of previous week shed 2.41 points to close at 800.69 points.', 'sortorder' => '2455', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '2612', 'article_category_id' => '206', 'title' => 'Samsung Galaxy Grand 2: Grandiose', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Bishwas Regmi</strong></div> <div> </div> <div> It’s no wonder why Samsung has become the golbal smartphone market leader. The Korean manufacturer has been continuously developing its products in a way that every successive one is better than the previous. Samsung Galaxy Grand 2 proves this. The latest 5.25 inch phablet is a major upgrade in terms of hardware specifications and features which were clearly lacking on the Galaxy Grand. The mid-range smartphone is powered by a 1.2 GHz quad-core processor with ARMv7 architecture along with 1.5 GB RAM. This results in faster processing time and smooth multitasking. Similarly, the Adreno 305 GPU can decently handle most of the graphics-demanding video games and applications. </div> <div> </div> <div> Galaxy Grand 2 is a dual-window phablet which runs on Android 4.3 Jelly Bean and Samsung TouchWiz UI. Users can choose programs with sliding window at right side and general window at middle. Compared to the first Galaxy Grand, it has a slimmer body which enhances its overall build quality and feels good in the hand. Galaxy Grand 2 comes with dimensions of 146.8 x 75.3 x 8.9 mm and weighs 163 grams. Just like the Samsung Note 3, the phablet’s back cover is a removable plastic lid with a leather design on top. Adding to the refined look, Galaxy Grand 2 has a chrome finish plate placed around the phone. </div> <div> </div> <div> The dual-SIM phablet houses a TFT capacitive touchscreen HD display (720 x 1280 pixels). With 280 ppi pixel density, the screen gives off sharp and crisp display. Colours look more real and vibrant as the phablet’s display has decent black levels. The display’s touch is also very smooth with brilliant response and provides good viewing angles. </div> <div> </div> <div> Galaxy Grand 2 features an 8 megapixel autofocus LED-flash primary snapper and a 1.9 MP secondary camera. The primary snapper can take good quality photos in well-lit conditions. The camera has multiple shooting modes. Among them ‘best photo’ (for taking a series of photos and select the best one), ‘continuous shot’ (for taking photos every 2 seconds), ‘sound and shot’, HDR and ‘best face’ modes are notable. </div> <div> </div> <div> Users can experience blazing fast internet speed as it has 42.2 Mbps HSDPA and 5.76 Mbps HSUPA. It houses different types of WLAN connections which include Wi-Fi, DLNA, Wi-Fi Direct and Wi-Fi hotspots. The phablet also has Bluetooth 4.0 and a microUSB 2.0. Galaxy Grand 2 comes with 8 GB of internal storage and a card slot which can be used to expand its storage capacity up to 64 GB. Its battery backup is decent as it sports a 2,600 mAh Li-Ion battery. </div> <div> </div> <div> International marketing services Pvt Ltd, the authorized dealer of Samsung mobiles in Nepal, has announced the price of Galaxy Grand 2 at Rs 36,900. It will come with 1 year global warranty for software and hardware. The company has also provided the 6 month warranty for the accessories. Nepali users also can exclusively enjoy the 900 MB free data provided by the network service provider Ncell.</div> <div> </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-03-03', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'The latest 5.25 inch phablet is a major upgrade in terms of hardware specifications and features which were clearly lacking on the Galaxy Grand.', 'sortorder' => '2454', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 13 => array( 'Article' => array( 'id' => '2610', 'article_category_id' => '151', 'title' => 'UIF Promoting Education', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> Udhyami Bhetghat, signature event of Udhyami Impact Fund (UIF) conducted Udhyami Bhetghat-Education this month on 12th of February. The programme was held at Wunjala Moskva Restaurant, Naxal which was focused on the education sector of Nepal. </div> <div> </div> <div> The event was catered to individuals and companies in the Education sector where various entrepreneurs, investors, experts and interested people in the sector were present to expand their network and explore ways to collaborate.</div> <div> </div> <div> Dr Bidhya Nath Koirala, Professor & Head of the Department of Central Department of Education, Shanta Dixit, Founder and Director, Rato Bangala School, Jyoti Tandukar CEO of Alternative Technology and Kailash Badu, Co-founder of Teacher Access were the experts and featured guests of the programme. They shared their insights on the existing education industry of Nepal and challenges in the current system in the programme. </div> <div> </div> <div> The participants were from diverse education sector value chain such as curriculum developers, content writers, commercial schools and colleges, non-profit organizations focused on education to marginalized populations, trainers, workshop/seminar companies, IT education companies and many more. </div> <div> </div> <div> The main sponsor of the event was Biruwa Ventures Pvt Limited and the supporting sponsors were Thames International College and Kings College.</div> <div> </div> <div> Udhyami Bhetghat is held every month. The previous editions of the event were focused on agriculture and tourism sectors. It is a series of sector-focused networking event that hopes to build the entrepreneurial ecosystem of Nepal by giving entrepreneurs a platform to network, share and learn.</div> <div> </div>', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Udhyami Bhetghat, signature event of Udhyami Impact Fund (UIF) conducted Udhyami Bhetghat-Education this month on 12th of February. The programme was held at Wunjala Moskva Restaurant, Naxal which was focused on the education sector of Nepal.', 'sortorder' => '2453', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 14 => array( 'Article' => array( 'id' => '2607', 'article_category_id' => '160', 'title' => 'Corptoon Vol 4 Issue 7', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-02-18', 'modified' => '2014-02-18', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Corptoon', 'sortorder' => '2452', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Currency | Unit |
Buy | Sell |
U.S. Dollar | 1 | 121.23 | 121.83 |
European Euro | 1 | 131.65 | 132.31 |
UK Pound Sterling | 1 | 142.47 | 143.18 |
Swiss Franc | 1 | 124.29 | 124.90 |
Australian Dollar | 1 | 71.69 | 72.05 |
Canadian Dollar | 1 | 83.90 | 84.32 |
Japanese Yen | 10 | 10.94 | 11.00 |
Chinese Yuan | 1 | 17.17 | 17.26 |
Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
UAE Dirham | 1 | 33.01 | 33.17 |
Malaysian Ringgit | 1 | 27.36 | 27.50 |
South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
Fine Gold | 1 tola | 77000.00 |
Tejabi Gold | 1 tola | 76700.00 |
Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
Petrol | 1 Liter | 106.00 |
Diesel | 1 Liter | 95.00 |
Kerosene | 1 Liter | 95.00 |
LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25