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Operated with a wide-body Airbus A330 aircraft compromising 18 Premiere and 236 Economy seats, flight 9W124 will depart Mumbai at 1200 and arrive in Paris Charles de Gaulle airport at 1750. On the return leg, flight 9W123 will depart Paris at 2110 and touch Mumbai at 0945 the following day. To mark the launch of this service, Jet Airways has announced a special return economy introductory fare of US$736 (INR 45,291) including taxes, and return Premiere introductory fare of US$ 2,478 (INR1,53,315). These fares are available since 14 January 2014 with purchases completed on or before 10 February 2014. In addition, JetPrivilege members can earn double miles on flights booked between 14 May and 13 June, 2014. (Traveldailymedia.com)</div> <div> </div> <div> <span style="font-size:14px;"><strong>China Arrivals Fall Again In 2013</strong></span></div> <div> <img alt="International visitor arrivals to China" src="/userfiles/images/tt3%20(Copy)(3).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 125px; height: 82px;" />International visitor arrivals to China declined in 2013. According to the latest data from China’s National Administration of Tourism (CNTA), the country received 55.69 million overnight visitors last year – 3.5% lower than 2012. Including day visitors, the total was 129m arrivals – 2.5% fewer than the previous year. This follows a 1.5% decline in total tourist arrivals experienced in 2012. A CNTA official, quoted by the China Daily, attributed the downturn to “the weak global economy and the increasing cost of travel in China”. The continued tensions with Japan – one of China’s biggest visitor source markets – are also believed to be having an impact on the inbound figures. China’s domestic tourism industry however, remains buoyant. The country registered 3.26 billion visits in 2012, up 10.3% year-on-year. Outbound tourist numbers surged 18% to 98.19m, making China the world’s biggest tourism source market. (Traveldailymedia.com)</div> <div> </div> <div> <span style="font-size:14px;"><strong>US Sends Travel Alert for Americans Travelling To Sochi </strong></span></div> <div> <img alt="US Sends Travel Alert for Americans Travelling To Sochi " src="/userfiles/images/tt4%20(Copy)(3).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 125px; height: 68px;" />Americans are being asked to exert caution by the U.S. State Department as they head to Sochi for the winter Olympics after it has been learnt that a “black widow” suicide-bomb plotter is being hunted for by the Russian Government. Russia has been a target for many terrorist attacks. Between October 15 and December 30, 2013, there were three suicide bombings targeting public transportation in the city of Volgograd (600 miles from Sochi), two of which occurred within the same 24-hour period. In early January 2014, media reports emerged about the possible presence of so-called “black widow” suicide bombers in Sochi. These reports have not been corroborated, and the U.S. government continues to seek further information. (Travelandtourworld.com)</div> <div> </div> <div> <span style="font-size:14px;"><strong>Tripadvisor Announces World’s Best Accommodations</strong></span></div> <div> <img alt="World’s Best Accommodations" src="/userfiles/images/tt5%20(Copy)(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 125px; height: 84px;" />TripAdvisor has announced the winners of its 2014 Travelers’ Choice awards for hotels. In the 12th year of the awards, the world’s most outstanding properties were identified in the categories of Top Hotels, Bargain, B&Bs and Inns, Family, Luxury, Romance, and Small Hotels. Travelers’ Choice award winners were determined based on the reviews and opinions of millions of TripAdvisor travelers around the globe. </div> <div> </div> <div> <strong>Top 10 Hotels in the World:</strong></div> <div> 1. <span class="Apple-tab-span" style="white-space:pre"> </span>Grand Hotel Kronenhof, Pontresina, Switzerland </div> <div> 2. <span class="Apple-tab-span" style="white-space:pre"> </span>The Upper House, Hong Kong, China</div> <div> 3. <span class="Apple-tab-span" style="white-space:pre"> </span>Gili Lankanfushi Maldives, Lankanfushi, Maldives </div> <div> 4. <span class="Apple-tab-span" style="white-space:pre"> </span>Nayara Hotel, Spa & Gardens, La Fortuna de San Carlos, Costa Rica</div> <div> 5. <span class="Apple-tab-span" style="white-space:pre"> </span>The Oberoi Udaivilas, Udaipur, India</div> <div> 6. <span class="Apple-tab-span" style="white-space:pre"> </span>Casa Gangotena, Quito, Ecuador </div> <div> 7. <span class="Apple-tab-span" style="white-space:pre"> </span>Lindos Blu, Lindos, Greece </div> <div> 8. <span class="Apple-tab-span" style="white-space:pre"> </span>The St. Regis Punta Mita Resort, Punta de Mita, Mexico</div> <div> 9. <span class="Apple-tab-span" style="white-space:pre"> </span>The Oberoi, Mumbai, Mumbai, India </div> <div> 10. <span class="Apple-tab-span" style="white-space:pre"> </span>Trump International Hotel & Tower Toronto, Toronto, Canada</div> <div style="text-align: right;"> <em>(Traveldailynews.com)</em></div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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 flight will be operated with effect from 14 May 2014, subject to regulatory approvals. Operated with a wide-body Airbus A330 aircraft compromising 18 Premiere and 236 Economy seats, flight 9W124 will depart Mumbai at 1200 and arrive in Paris Charles de Gaulle airport at 1750. On the return leg, flight 9W123 will depart Paris at 2110 and touch Mumbai at 0945 the following day.', 'sortorder' => '2376', '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' => '2532', 'article_category_id' => '157', 'title' => 'Wrapping The World Around', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Sujan Tiwari</strong></div> <div> </div> <div> Hotel Soaltee Crowne Plaza has come up with its first food promotion of 2014. The Garden Terrace restaurant of the Hotel has started the promotion of Wraps and Rolls from 21st January which will last till the end of this month. “We have numerous food promotions lined up for 2014. This is our first promotion for the year, and it has been very successful so far,” said Rena Sharma, Marketing and Public Relations Manager of the Hotel. </div> <div> </div> <div> According to Yuba Raj Pokhrel, Executive Sous Chef at Soaltee, wraps and rolls are served the world around and are extremely popular. “Almost every cuisine has wraps of some sort. Our team has carefully selected the best wraps and rolls from all the cuisines possible,” said Pokhrel. The wraps served at Garden terrace make up for a delicious quick meal that is also very filling. The wraps and rolls on the promotional menu are derived from popular cuisines like Italian, Indian, American and English among others. According to Pokhrel, all the ingredients required are imported to maintain the authentic taste of the respective cuisine. </div> <div> </div> <div> Oriental wraps are dominant in the menu, with Thai, Vietnamese and Indian taste. The creative part about the menu is that all the wraps and rolls are served with some accompaniments complimenting the cuisine. Thai Rice Paper Summer Roll is one of the interesting roll. It is prepared by rolling marinated chicken and glass noodles in rice paper, and is served with sweet chilli sauce, dry fish, egg salad and tomyom broth for authentic Thai taste. For an Indian touch, you can try Nawabi Kathi Rolls. It comes with reshmi chicken kebab and tikka rolled in a thin paratha. It is accompanied by sweet mango, mint chutney and papdi chat. </div> <div> </div> <div> It’s hard to pick a winner among the rolls, but if you listen to Pokhrel, Levorno Pisa Ham and Cheese Roll has to be the star roll. It is made by rolling ham slices, cheese and pesto marinated lettuce in tortilla, and is served with gorgonzola dip chips and fired potato wedges. Some of the other varieties include Jamaican Blackened Pork Steak Soft Taco, California Tuna Wrap, Royal Birmingham Wrap and Canadian Paprika Chicken Wrap among many others. </div> <div> </div> <div> There are a few desserts which play along with the entire ‘wrap’ theme. French crepes stuffed with chocolate, compote and fruit glaze comes along with condensed milk savoury. Thai banana pancake served with crunchy fried bananas and dates is another sweet option. </div> <div> </div> <div> All the wraps are served in generous portions and is enough to fill a hungry belly. Garden Terrace is the place to be all this month if you want to wrap yourself in tastes from around the world. </div>', 'published' => true, 'created' => '2014-01-27', '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' => 'Hotel Soaltee Crowne Plaza has come up with its first food promotion of 2014. The Garden Terrace restaurant of the Hotel has started the promotion of Wraps and Rolls from 21st January which will last till the end of this month. “We have numerous food promotions lined up for 2014. This is our first promotion for the year, and it has been very successful so far,” said Rena Sharma, Marketing and Public Relations Manager of the Hotel.', 'sortorder' => '2375', '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' => '2524', 'article_category_id' => '112', 'title' => 'Weekly Gold And Silver Price ( 20 - 26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => '2374', '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' => '2529', 'article_category_id' => '152', 'title' => 'Focus Briefs (27 January - 02 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:18px;"><strong>Useful Information about Generators</strong></span></div> <div> </div> <div> <span style="font-size:16px;"><strong>Using a generator</strong></span></div> <div> Consider using the generator for necessities only, like lighting and refrigeration. These items can be plugged directly into the generator using a UL-listed, three pronged extension cord of the proper size with the generator.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Using safely</strong></span></div> <div> Never plug a generator directly into any electric outlets or hook up a generator directly to your home’s wiring. Generators can feed electricity back into the power lines when the necessary equipment used to isolate the generator from the incoming power lines is not installed. This back feeding of electricity places you and energy line workers in extreme danger. The safest thing to do is connect the equipment you want to power directly to the outlets on the generator.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Install properly </strong></span></div> <div> When a generator is permanently connected to a member’s electric system, it energizes the building’s wiring. This type of installation requires a double-throw transfer switch that isolates the generator from energy’s system when the generator is in use.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Handle fuel carefully </strong></span></div> <div> Turn off the generator and let it cool down before refueling. Gasoline and its vapors can catch on fire if they come in contact with an electrical spark. Store fuel for the generator in an approved safety can. Use the type of fuel recommended in the instructions or on the label on the generator. Make sure you store fuel for the generator outdoors in a locked shed or other protected area. Do not store fuel in a garage, basement or anywhere inside a home, as vapors can be released that may cause illness and are a potential fire or explosion hazard.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Good ventilation is important </strong></span></div> <div> Generators produce carbon monoxide, a colorless, odorless, toxic gas that can result in serious injuries or even death if levels become too high. For this reason, the generator should never be operated inside your home, garage, office building or other enclosed space. It should always be located outside in a dry location.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Portable generators : </strong></span>Before starting your generator, carefully read and follow all of the manufacturer’s instructions. Portable generators are designed to be connected only to selected appliances or lamps. These generators never should be connected directly to a building’s wiring system. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Keep your generator original :</strong></span> Don’t make modifications to the fuel or exhaust system. Exhaust modifications can add stress to the original equipment exhaust system and cause breakage resulting in exhaust leaks. Adding larger auxiliary tanks to the system will create more pressure and result in a possible external fuel leak which may result in fires.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Remember these safety tips: </strong></span></div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Always store gasoline in approved containers only! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Never fuel an electric generator when the generator is running or hot! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Extinguish all flames or cigarettes when handling gasoline! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Always insure proper ventilation, and air flow around the generator. </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Always have a fully charged, approved fire extinguisher located near the generator! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Always properly disconnect from your utility service BEFORE starting your backup generator!</div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span> Always store fuel containers out of the reach of children. </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>When using extension cords, always check for exposed wires and frayed shielding, replace if damaged! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>NEVER remove or tamper with safety devices. They are there to protect you and your property!</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'Consider using the generator for necessities only, like lighting and refrigeration. These items can be plugged directly into the generator using a UL-listed, three pronged extension cord of the proper size with the generator', 'sortorder' => '2373', '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' => '2530', 'article_category_id' => '99', 'title' => 'International Tourism Exceeds Expectations With Arrivals Above 1 Billion In 2013', 'sub_title' => '', 'summary' => null, 'content' => '<div> International tourist arrivals grew by 5 per cent in 2013, reaching a record 1,087 million arrivals, according to the latest UNWTO World Tourism Barometer. Despite global economic challenges, international tourism results were well above expectations, with an additional 52 million international tourists travelling the world in 2013. For 2014, UNWTO forecasts 4 to 4.5 per cent growth again, above the long term projections.</div> <div> </div> <div> Demand for international tourism was strongest for destinations in Asia and the Pacific (+6%), Africa (+6%) and Europe (+5%). The leading sub-regions were South-East Asia (+10%), Central and Eastern Europe (+7%), Southern and Mediterranean Europe (+6%) and North Africa (+6%).</div> <div> </div> <div> “2013 was an excellent year for international tourism. The tourism sector has shown a remarkable capacity to adjust to the changing market conditions, fuelling growth and job creation around the world, despite the lingering economic and geopolitical challenges.” said UNWTO Secretary-General Taleb Rifai</div> <div> </div> <div> UNWTO forecasts international arrivals to increase by 4 to 4.5% in 2014, again above its long-term forecast of +3.8% per year between 2010 and 2020. The UNWTO Confidence Index, based on the feedback from over 300 experts worldwide, confirms this outlook with prospects for 2014 higher than in previous years. 2014 regional prospects are strongest for Asia and the Pacific (+5% to +6%) and Africa (+4% to +6%), followed by Europe and the Americas (both +3% to +4%). In the Middle East (0% to +5%) prospects are positive yet volatile.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Russia and China – Leading in Growth in 2013</strong></span></div> <div> Among the ten most important source markets in the world, Russia and China clearly stand out. China, which became the largest outbound market in 2012 with an expenditure of US$ 102 billion, saw an increase in expenditure of 28% in the first three quarters of 2013. The Russian Federation, the 5th largest outbound market, reported 26% growth through September.</div> <div> Other emerging markets with substantial growth in outbound expenditure were Turkey (+24%), Qatar (+18%), Philippines (+18%), Kuwait (+15%), Indonesia (+15%), Ukraine (+15%) and Brazil (+14%).</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'International tourist arrivals grew by 5 per cent in 2013, reaching a record 1,087 million arrivals, according to the latest UNWTO World Tourism Barometer. Despite global economic challenges, international tourism results were well above expectations, with an additional 52 million international tourists travelling the world in 2013. For 2014, UNWTO forecasts 4 to 4.5 per cent growth again, above the long term projections.', 'sortorder' => '2372', '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' => '2525', 'article_category_id' => '113', 'title' => 'US Dollar Exchange Rate At Local Market (20 - 26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => '2371', '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' => '2470', 'article_category_id' => '109', 'title' => 'Nepse’s Opens Weekly Trading With Marginal Increase', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By TC Correspondent</strong></div> <div> </div> <div> Nepal Stock Exchange Limited (Nepse) Index started with a marginal gain of 0.12 points on Sunday. The benchmark index of the country’s capital market, which closed at 794.64 points on the last trading day of previous week edged up 0.02 per cent to settle at 794.76 points on Sunday. Intra-day volatility was seen on the first day with the index rising up to 796 points and then coming down to 792 points before the closing. Market analysts say that Sunday’s sluggish performance of Nepse was due to the thin trading. According to them, bargain hunters demanded lower prices for the stocks. They said that sellers were mostly seen unconvinced to give away the stocks in low prices that they bought recently in higher price levels. </div> <div> </div> <div> On Sunday a total of 1,740,135 units of share of 99 companies were traded throughout 1984 transactions. The turnover was recorded at Rs. 732.82 million. Meanwhile, the total market capitalization for the day was registered at Rs 807.84 billion. </div> <div> </div> <div> On Sunday, Sensitive index representing class ‘A’ listed companies in the secondary market, loss 0.15 points to close at 176.51. Hydropower sub-index was the highest gainer (4.87 points) followed by Banking (2.29 points), Finance (1.63 points) and Development Bank (1.44 points). Sub-index of insurance companies was the biggest loser for the day (-12.46 points). Similarly, the sub-indices of ‘Others’ and Hotels fell 5.87 points and 0.36 points respectively.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Nepse went up 12 Points Last Week</strong></span></div> <div> Nepse index went up 12 points to settle at 794.64 points last week. The index continued its rally throughout last week as the easing of ‘Poush-Masanta effect’ helped the investors to manage more money for investments. Also, the clearance of income tax payments by many businesses and investors in second quarter brought respite to the market contributing the continuation of Nepse’s bull run. </div> <div> </div> <div> For the week, a total of 3.16 million units shares worth Rs 1.54 billion were traded in the stock market. Compared to the previous week, unit of shares traded declined 10.64 per cent whereas, the turnover increased by 4.09 per cent. Similarly, the number of transactions went down to 9,813 which was 11,776 in the previous week. Last week, number of transaction decreased by 16.76 per cent. </div> <div> </div> <div> Promoter shares of Nabil Bank climbed to the top spot in terms of turnover. Likewise, Nabil Balance Fund-1 remained in the number 1 spot in terms number of units being transacted for the week. Nepal Telecom maintained its top position in terms of market capitalization as earlier weeks. </div> <div> </div> <div> Nepse, which opened at 782.2 points on the first day of weekly trading (Sunday), settled its weekly trading at 794.64 points on (Thursday). Most of the sub-indices of the stock market saw increase in their share prices. Hotels sub-index was the biggest weekly gainer with 110.43 points. The Hydropower sub-index was the second biggest gainer (79.43 points) for the week followed by Insurance (66.46 points), Development Banks (18.59 points) and ‘Others’ (15.27 points). Similarly, the Banking sub-index gained 4.45 points and Finance rose by 2.48 points. Sub-index of the Trading also went up 1.85 points last week. Manufacturing and Processing, meanwhile, dipped 10.12 points. For the week, the Sensitive Index of class ‘A’ listed companies gained 2.39 points. </div> <div> </div> <div> Shares of 137 companies were transacted in the stock market last week. 82 companies observed gain in their share prices while, 34 companies saw decline. Share prices of 21 companies remained unchanged over the period.</div> <div> </div> <div> <img alt="" src="/userfiles/images/mm1%20(Copy).jpg" style="width: 550px; height: 336px; margin-left: 10px; margin-right: 10px;" /></div>', 'published' => true, 'created' => '2014-01-20', 'modified' => '2014-01-27', '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 with a marginal gain of 0.12 points on Sunday. The benchmark index of the country’s capital market, which closed at 794.64 points on the last trading day of previous week edged up 0.02 per cent to settle at 794.76 points on Sunday. Intra-day volatility was seen on the first day with the index rising up to 796 points and then coming down to 792 points before the closing. Market analysts say that Sunday’s sluggish performance of Nepse was due to the thin trading. According to them, bargain hunters demanded lower prices for the stocks. They said that sellers were mostly seen unconvinced to give away the stocks in low prices that they bought recently in higher price levels.', 'sortorder' => '2370', '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' => '2526', 'article_category_id' => '111', 'title' => 'Top Ten Gainers (20 - 26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => '2369', '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' => '2527', 'article_category_id' => '110', 'title' => 'Top Ten Losers (20 -26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => '2368', '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' => '2522', 'article_category_id' => '109', 'title' => 'Nepse’s Technical Analysis (20 -26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <span style="font-size:14px;"><strong>Moving Averages (50 & 200-day) </strong></span></div> <div> The diverging 50-day and 200-day MA still confirms the current bull trend which began in March 29, 2012. At present, there have not been any major reversal trends in the moving averages that indicate that the market may be heading in the opposite direction. The nearest support level of Nepse stands at 753.17 points while the next resistance level stands at 806.82 points. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Relative Strength Index (RSI)</strong></span></div> <div> RSI as a leading indicator RSI is believed to be most effective during periods of sideways movement. In the present context, RSI has been on an overall declining trend suggesting decreasing buying pressure in the market. During the last trading day of the previous week, the RSI closed at 64.11 and has been maintaining within the neutral zone. This suggests that the current market is neither highly over-bought nor over-sold. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Moving Average Convergence-Divergence (MACD)</strong></span></div> <div> Similar to the RSI, the MACD indicator has also been trending lower, however, at a greater momentum. Currently, the MACD chart is showing a form of divergence in Nepse. Since the first week of January, Nepse has been trending upwards while the MACD line has been accelerating in the downward direction. Thus, this can be considered as a bearish sign for Nepse in the near term. </div> <div> </div> <div> <span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div> <div> OBV 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. Nepse reached 795.26 points on January 19, 2014 and then retraced lower. During the same timeframe, OBV also moved lower supporting the trend of Nepse. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Market Summary </strong></span></div> <div> <strong>(19 –23 January, 2014)</strong></div> <div> <strong>Close:</strong> 785.70</div> <div> <strong>High:</strong> 795.26</div> <div> <strong>Weekly Change :</strong> -8.94 (-1.13%) </div> <div> <strong>Daily Average Turnover:</strong> NPR 398.1 million</div> <div> <strong>Total Weekly Turnover:</strong> NPR 1990.48 Million</div> <div> <strong>Immediate Support :</strong> 753.17</div> <div> <strong>Immediate Resistance :</strong> 806.82</div> <div> <strong>RSI :</strong> 64.11</div> <div> <strong>MACD Line : </strong>18.98</div> <div> <strong>Signal Line :</strong> 22.89</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-02-09', '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 diverging 50-day and 200-day MA still confirms the current bull trend which began in March 29, 2012. At present, there have not been any major reversal trends in the moving averages that indicate that the market may be heading in the opposite direction. The nearest support level of Nepse stands at 753.17 points while the next resistance level stands at 806.82 points.', 'sortorder' => '2367', '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' => '2523', 'article_category_id' => '108', 'title' => 'Money Matters News In Brief (27 January - 02 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>NIBL Capital Markets Sign Agreement with Hydro Companies </strong></span></div> <div> <img alt="NIBL" src="/userfiles/images/nibl%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 200px; height: 29px;" />NIBL Capital Markets Limited has signed agreements on 23 January with two hydropower companies, United Modi Hydropower Private Limited and ApiPower Company Limited, to act as the issue manager and underwriter for their respective Initial Public Offering. United Modi Hydro Private Limited will be issuing 4,000,000 units of common stock, having total value of Rs 400 million at Rs 100 par value. Currently, United Modi is in the process of converting into a Public Limited Company. United Modi runs the 10MW Lower Modi-1 Hydropower Project in Parbat and is now constructing 10.5 MW Lower Modi-2 Hydropower Project as the second part of the cascade project. Api Power Company Limited will issue up to 2,046,240 units of common stock, having total value up to Rs 204,624,000 at Rs 100 par value. Api Power Company Limited has already started construction of the 8.5 MW Naugard Gad Project in Darchula.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Dahal Appointed Sanima’s CEO</strong></span></div> <div> <img alt="Bhuvan Kumar Dahal" src="/userfiles/images/dahal(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 82px; height: 100px;" />Bhuvan Kumar Dahal is appointed as the Chief Executive Officer (CEO) of Sanima Bank for four years. The Board Meeting of Sanima Bank held on 21st January, 2014 made the appointment. Dahal had been working at Sanima Bank as a Deputy Chief Executive Officer (DCEO) for the last seven months. Before joining Sanima Bank, Dahal worked at Nabil Bank for 22 years in various capacities. Last three positions he held in Nabil were Chief Operating Officer, Chief Investment Officer and Chief Financial Officer.</div> <div> </div> <div> </div> <div> <span style="font-size:14px;"><strong>EBL’s ATM in Pashupatinath Temple</strong></span></div> <div> <img alt="Everest Bank Limited (EBL)" src="/userfiles/images/ebl%20(Copy)(1).jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 105px;" />Everest Bank Limited (EBL) has installed its new ATM inside Pashupatinath Temple premises. The ATM was jointly inaugurated by Govind Tandon (Member Secretary-Pashupatinath Trust) and AK Ahluwalia (CEO-EBL). The inaugural function was also attended by dignitaries including officials of Pashupatinath Trust, Bank’s Employees and Brand Ambassador of EBL Sadichha Shrestha. At the same function, the Bank also distributed warm clothes to around 250 elderly people of Pashupatinath Old-age home.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Citizens Bank’s Brach in Siddharthanagar</strong></span></div> <div> <img alt=" Citizens Bank’s Brach in Siddharthanagar" src="/userfiles/images/ctzn%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 200px; height: 116px;" />Citizens Bank International Limited has opened its 37th branch in Siddharthanagar of Rupandehi. On the occasion, the Bank also distributed warm clothes to elderlies of an oldage home of Basanapur VDC of Rupandehi. Branch Manager Rajendra Thapa Chhetri informed that the branch will provide banking service of international standard to the people of Siddharthanagar and neighbouring areas. The Bank also informed that it will install an ATM in Bhairahawa within a week. The Bank has been offering irs services through 37 branches, 36 ATm counters and 46 branchless banking service. </div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'Everest Bank Limited (EBL) has installed its new ATM inside Pashupatinath Temple premises. The ATM was jointly inaugurated by Govind Tandon (Member Secretary-Pashupatinath Trust) and AK Ahluwalia (CEO-EBL). The inaugural function was also attended by dignitaries including officials of Pashupatinath Trust, Bank’s Employees and Brand Ambassador of EBL Sadichha Shrestha', 'sortorder' => '2366', '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' => '2518', 'article_category_id' => '155', 'title' => '“British College Is Offering A Well Reputed Degree From A Top University Of UK”', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:16px;"><img alt="Dipankar Sherpa" src="/userfiles/images/ht.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 225px; height: 268px;" />The British College, Thapathali, Kathmandu, provides world-class education in Nepal for students who aspires to gain internationally recognised qualifications. It offers an international university degree, the same as you would get if you were studying in the UK, but with the comfort and cost-effectiveness of remaining in Nepal. <strong>Dipankar Sherpa</strong>, Programme Leader at the college, talks about the degree and the College. <strong>Excerpts</strong>:</span></div> <div> </div> <div> <span style="font-size:14px;"><strong>How is The British College different from other colleges in Nepal?</strong></span></div> <div> The British College (TBC), as the name suggests, offers programmes affiliated to some of the top British universities. The college is a franchise programme of University of West of England (UWE). The UWE is a reputed European university and has been ranked 6th university in the continent in terms of graduate employment rates.</div> <div> </div> <div> It aims to provide British experience in terms of learning activities, course syllabus, teaching methodologies and infrastructures to Nepali students. Every activity of the college aims to provide British educational excellence to the students and thereby enable the college to stand apart from rest of the colleges in the country.</div> <div> </div> <div> <span style="font-size:14px;"><strong>What are the courses offered?</strong></span></div> <div> We offer British programme affiliated to two reputed UK universities: University of West of England (UWE) and Leads Metropolitan University (LMU). Apart from that, we offer Cambridge University affiliated A-level course and Professional Accounting Programme like ACCA. However, TBC’s core programmes are from UWE and LMU. TBC’s BBA and MSC International Management programme are affiliated to the UWE.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Are you planning to introduce other disciplines?</strong></span></div> <div> Yes, we will expand other disciplines in future. Meanwhile,we‘re trying to strengthen our existing disciplines, as it is our flagship programme.We have introduced a new course called MSC International Management in order to offer something new to Nepali market. International Management programme is especially tailored to suit the needs of multinational companies. Many of these are approaching us for human resources and through this course we want enable our students to qualify for being part of those companies in the future. Along with that, the course will enable students to work in international companies abroad, as the course provides insights into their working culture. </div> <div> </div> <div> Basically, we aim to provide best business and IT programmes to Nepali students. Nepali market is demanding good managers and entrepreneurs. We aim to produce those professionals and meet the demands.</div> <div> </div> <div> <span style="font-size:14px;"><strong>What is the benefit of getting an International Degree?</strong></span></div> <div> International degree is highly contemporary and they are updated frequently. Countries like The United Kingdom, The United States and Australia are education giants. They are the powerhouses in education sector. That alone ensures that you’re getting the latest learning technology and the best education in the world. </div> <div> </div> <div> Along with that, every University and educational institutions in the UK is monitored by QAA (Quality Assurance Agency). They have quality policies and codes outline that every college has to follow. UWE is also under surveillance of this QAA, which means our college is also following the codes they have outlined. This also ensures that we are providing quality education.</div> <div> </div> <div> <span style="font-size:14px;"><strong>What internship opportunities do students have at the college?</strong></span></div> <div> TBC has signed up Memorandum of Understanding (MoU) with some business giants of Nepal like the Chaudhary and the Khetan group for student internships. We are expanding our network with other corporate actors in the country. We want to ensure best internship and workplace opportunities for our students to ensure that they groom and grow well in their profession. </div> <div> </div> <div> <span style="font-size:14px;"><strong>What are the challenges of education sector in Nepal?</strong></span></div> <div> Nepalis education system is facing irrelevancy between books and real life work due to lack of practical skills. Along with that, we are also lagging far behind in the area of research. Research should be encouraged. In fact I’d say every college should have its own research centre. Students and teachers should be updated with latest trends in their respective field. </div> <div> </div> <div> We focus on providing professional skills to student that will enable them not only to adapt in theirprofessional sphere but will also be able to impress and overwhelm their employers.</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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 British College, Thapathali, Kathmandu, provides world-class education in Nepal for students who aspires to gain internationally recognised qualifications. It offers an international university degree, the same as you would get if you were studying in the UK, but with the comfort and cost-effectiveness of remaining in Nepal.', 'sortorder' => '2365', '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' => '2520', 'article_category_id' => '106', 'title' => 'Learning Curve News In Brief (27 January - 02 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>Mid Western University Set to Grant Affiliation to Science Colleges</strong></span></div> <div> Mid Western University is set to grant affiliation to science colleges operating in the Mid-Western Region as per the need with the completion of a year of its official operation. The second assembly of the University has decided to grant affiliation to the colleges offering Science and Technology education in different districts in the region. The affiliation will be granted on the basis of application submitted for the constituent college, said MU Registrar Thakendra Prakash Giri. However, it is not possible to grant affiliation to all colleges at once, Giri added. (RSS)</div> <div> </div> <div> <span style="font-size:14px;"><strong>Private Schools in Chitwan Shut down Indefinitely</strong></span></div> <div> The Nepal Institutional Schools Teachers’ Union (Nepal ISTU), Chitwan has called for a closure of all the private schools in Chitwan with effect from Thursday. The decision to close down the schools was made after the agreement reached with the Private and Boarding Schools Association of Nepal (PABSON) to increase teachers’ salary was not implemented, said ISTU Chitwan Chair Bishnu Bahadur Bhujel. According to Bhujel, an agreement was reached with the involvement of the District Education Office to increase teachers’ salary by 18 per cent and provide a dearness allowance of Rs. 1,000 per month. The closure of more than 150 schools will affect some 8,000 students in Chitwan. “Unless our demands are met the schools will not open at any cost”, warns Bhujel. (RSS)</div> <div> </div> <div> <span style="font-size:14px;"><strong>NMC Chairperson Resigned</strong></span></div> <div> Chairperson of Nepal Medical Council (NMC) Dr. Damodar Gajurel has resigned citing lack of proper environment to work at the regulatory body. He tendered the resignation to Health Minister Vidyadhar Mallik on Friday, 24th January. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Purbanchal University published results of various semesters</strong></span></div> <div> Purbanchal University, office of the examination Management, Biratnagar has published the results of various semesters of Bachelor’s and Master’s programme on Saturday, 25th January. Results that have been published are of Masters in Hospitality and Hotel Management (MHHM)-II and IV semesters, Bachelor in Travel and Tourism Studies: I, III and V semesters, Masters in Development Studies (M.Dev.s): I and III semesters and B.V.Sc and AH-II and IV Semesters.</div> <div> </div> <div> <span style="font-size:14px;"><strong>UGC Employee Caught Red handed in a Bribery Case</strong></span></div> <div> According to a press release issued by Commission for Investigation of Abuse of Authority (CIAA), Bishnu Bahadur Khadka, senior Assistant of the University Grants Commission (UGC) was caught red-handed while taking bribe. CIAA on Friday apprehended Khadka while taking bribe of Rs 15,000 from Chief of Baglung-based Nisibhuji Janata Campus, Rishi Ram Sharma, for getting the budget of Rs 2.5 million released from the Ministry of Finance for the construction of the college building. </div> <div> </div> <div> <span style="font-size:14px;"><strong>MBBS Graduates from Foreign Universities on Agitation</strong></span></div> <div> The future of medical students graduated from abroad has become uncertain with the sheer ignorance on the part of the Nepal Medical Council. Hundreds of students, who pursued medical science abroad, are reeling under an uncertain future when the Council banned them to practice as an intern in Nepal. Though the Council imposed ban on internship issuing a notice in 2064 BS, medical students up to the batch of 2068 BS had completed their internship. The students after the 2068 batch have been deprived of doing internship in Nepal. However, the National Guidelines for Internship Training-2007 has specified a provision that medical students graduating from abroad could practice as an intern in Nepal giving prior information to the Council under special circumstances. (RSS)</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'Mid Western University is set to grant affiliation to science colleges operating in the Mid-Western Region as per the need with the completion of a year of its official operation. The second assembly of the University has decided to grant affiliation to the colleges offering Science and Technology education in different districts in the region.', 'sortorder' => '2364', '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' => '2442', 'article_category_id' => '48', 'title' => 'Corruption Proofness', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Madan Lamsal</strong></div> <div> </div> <div> Nepal is no doubt the land of uncountable miracles. The recently added one is that Nepal has substantially fallen down in corruption index. It is confirmed by none other than global corruption watch-dog, Transparency International (TI). It must be credible as we are constantly taught that whatever these global institutions influenced by the West say must be blindly trusted and followed. </div> <div> </div> <div> There are few occasions when falling is not only beautiful but desirable too, like falling in love and falling in corruption index. Therefore, Nepal is now enjoying the honeymoon of this miraculous fall from 139th position of the last year to 116th this year, out of 177 countries. The fall is miraculous for more than one reason. Nepal has constantly been branded as the country with a crisis in governance. For last couple of decades, our main industry has been to produce at least one prime minister each year. Sometimes, that too was very difficult like at present, and our last House was unable to produce even one prime minister in seventeen attempts. What it effectively says is: corruption can be reduced without governance. This is new theory, innovated in Nepal by TI.</div> <div> </div> <div> But there must be some reason for this impressive improvement in Nepal's corruption ranking. Facts in hand are -- we had the Maoist government on the year the index data was collected and non-political government of bureaucrats is in Singhadurbar forts when it is made public. A former bureaucrat with the most corrupt reputation was appointed as the chief of constitutional commission CIAA. Unquestionably, all these factors must have singly or jointly contributed to this fall.</div> <div> </div> <div> If so, there are one or two lessons for the most corrupt countries to take home from Nepal. First, political instability and Maoist government are the best panacea for controlling corruption. To begin, let Maoists of any country run a decade-long armed rebellion when the term bribery and grease-money dealing in petty sum disappears and every clandestine large endowment becomes 'voluntary donation to the revolution', even if the amount surrendered is at gun point. As the corruption index researchers pasturing on the surface hardly smell about these deals, consequently the index drops. The instability has direct anti-corruption effect. It is so simple. The instability helps to root-out all major business, production and service industries. Who pays the bribe? The private sector, i.e. the business people or industrialists. When they are gone, corruption is bound to reduce, substantially. So, if any country is committed to reduce corruption, make sure you have prolonged political instability. </div> <div> </div> <div> Second, political parties must stop forming the government of their own and they should install a fully bureaucratic government, hopefully headed by the incumbent chief justice of the supreme court of the country. This latter arrangement is crucial. When the government apparatus indulges in corruption, the road to judiciary to seek redressal is practically blocked, as the head of the government is also the head of the judiciary, simultaneously.</div> <div> </div> <div> Third, if the anti-corruption institutions like CIAA are filled by the most corrupt bureaucrats in history, they are sure to make history either way. They know how not to make it more felt even if there were rampant corrupt practices. Or, it might also be the case that they are done with money, with their infamous fathers’ statues erected at the middle of busy highways, offsprings off to foreign countries and a couple of bank accounts in safe havens. So, the amount of money to be bribed in a poor country suddenly starts to look too small relative to their pride. Then they might rather pose as ascetics than avarices. The situation really contributes to reduce the corruption and helps country to ride on the freedom-from-corruption ladder, very soon.</div> <div> </div> <div> Finally, with this astounding success, Nepal can think of setting up a training institute for those countries to run course on 'how to make a country corruption-proof and improve in the (anti?) corruption index!' This has business rationale too!</div>', 'published' => true, 'created' => '2014-01-10', 'modified' => '2014-01-27', 'keywords' => 'new business age no laughing matter news & articles, no laughing matter news & articles from new business age nepal, no laughing matter headlines from nepal, current and latest no laughing matter news from nepal, economic news from nepal, nepali no laughing matter economic news and events, ongoing', 'description' => 'Nepal is no doubt the land of uncountable miracles. The recently added one is that Nepal has substantially fallen down in corruption index. It is confirmed by none other than global corruption watch-dog, Transparency International (TI). It must be credible as we are constantly taught that whatever these global institutions influenced by the West say must be blindly trusted and followed.', 'sortorder' => '2363', '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' => '2508', 'article_category_id' => '139', 'title' => 'Nepal And The World News In Brief (27 January - 02 February)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>Draghi: Eurozone Pick-UP ‘Dramatic’</strong></span></div> <div> <img alt="Mario Draghi" src="/userfiles/images/nw3%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 71px;" />The head of the European Central Bank, Mario Draghi, says there has been a “dramatic improvement” in the eurozone recovery over the past two years. Speaking at a forum in Davos on Saturday he said: “Risks have decreased across the board both for core eurozone countries and the periphery”. </div> <div> </div> <div> </div> <div> <span style="font-size:14px;"><strong>Argentina Eases Currency Control</strong></span></div> <div> <img alt="Argentina Eases Currency Control" src="/userfiles/images/nw4%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 79px;" />Argentina is to relax its strict foreign exchange controls, a day after the peso suffered its steepest daily decline in 12 years. On Thursday, the peso fell 11% against the dollar, its steepest fall since the country’s 2002 financial crisis. Cabinet Chief Jorge Capitanich said the country would reduce the tax rate on dollar purchases and allow the purchase of dollars for savings accounts. </div> <div> </div> <div> <span style="font-size:14px;"><strong>IMF warns of deflation risk</strong></span></div> <div> The International Monetary Fund is warning that dangerously low inflation could put the global economic recovery at risk in 2014. “Risks to activity associated with very low inflation in advanced economies, especially the euro area, have come to the fore,” the IMF said in an update to its World Economic Outlook. </div> <div> </div> <div> <span style="font-size:14px;"><strong>BOJ to Maintain Aggressive Monetary Easing</strong></span></div> <div> The Bank of Japan said on Wednesday it had decided to maintain its aggressive monetary easing to stimulate the country’s economy and combat chronic deflation. The bank also kept unchanged its overall economic assessment, saying “Japan’s economy has continued to recover moderately, and a front-loaded increase in demand prior to the consumption tax hike has recently been observed,” the bank said after a two-day monetary policy meeting.</div> <div> </div> <div> <span style="font-size:14px;"><strong>China also Exports Pollution to Western US, Study Finds</strong></span></div> <div> <img alt="China also Exports Pollution to Western US, Study Finds" src="/userfiles/images/nw5%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Filthy emissions from China’s export industries are carried across the Pacific Ocean and contribute to air pollution in the western United States, according to a paper published by a prominent US science journal. The research is the first to quantify how air pollution in the United States is affected by China’s production of goods for export and by global consumer demand for those goods, the study’s authors say. </div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'Argentina is to relax its strict foreign exchange controls, a day after the peso suffered its steepest daily decline in 12 years. On Thursday, the peso fell 11% against the dollar, its steepest fall since the country’s 2002 financial crisis. Cabinet Chief Jorge Capitanich said the country would reduce the tax rate on dollar purchases and allow the purchase of dollars for savings accounts.', 'sortorder' => '2362', '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 = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '2533', 'article_category_id' => '157', 'title' => 'Tourism Briefs (27 January - 02 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>Jet Airways direct daily service between Mumbai and Paris</strong></span></div> <div> <img alt="Jet Airways" src="/userfiles/images/tt2%20(Copy)(3).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 125px; height: 95px;" />The flight will be operated with effect from 14 May 2014, subject to regulatory approvals. Operated with a wide-body Airbus A330 aircraft compromising 18 Premiere and 236 Economy seats, flight 9W124 will depart Mumbai at 1200 and arrive in Paris Charles de Gaulle airport at 1750. On the return leg, flight 9W123 will depart Paris at 2110 and touch Mumbai at 0945 the following day. To mark the launch of this service, Jet Airways has announced a special return economy introductory fare of US$736 (INR 45,291) including taxes, and return Premiere introductory fare of US$ 2,478 (INR1,53,315). These fares are available since 14 January 2014 with purchases completed on or before 10 February 2014. In addition, JetPrivilege members can earn double miles on flights booked between 14 May and 13 June, 2014. (Traveldailymedia.com)</div> <div> </div> <div> <span style="font-size:14px;"><strong>China Arrivals Fall Again In 2013</strong></span></div> <div> <img alt="International visitor arrivals to China" src="/userfiles/images/tt3%20(Copy)(3).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 125px; height: 82px;" />International visitor arrivals to China declined in 2013. According to the latest data from China’s National Administration of Tourism (CNTA), the country received 55.69 million overnight visitors last year – 3.5% lower than 2012. Including day visitors, the total was 129m arrivals – 2.5% fewer than the previous year. This follows a 1.5% decline in total tourist arrivals experienced in 2012. A CNTA official, quoted by the China Daily, attributed the downturn to “the weak global economy and the increasing cost of travel in China”. The continued tensions with Japan – one of China’s biggest visitor source markets – are also believed to be having an impact on the inbound figures. China’s domestic tourism industry however, remains buoyant. The country registered 3.26 billion visits in 2012, up 10.3% year-on-year. Outbound tourist numbers surged 18% to 98.19m, making China the world’s biggest tourism source market. (Traveldailymedia.com)</div> <div> </div> <div> <span style="font-size:14px;"><strong>US Sends Travel Alert for Americans Travelling To Sochi </strong></span></div> <div> <img alt="US Sends Travel Alert for Americans Travelling To Sochi " src="/userfiles/images/tt4%20(Copy)(3).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 125px; height: 68px;" />Americans are being asked to exert caution by the U.S. State Department as they head to Sochi for the winter Olympics after it has been learnt that a “black widow” suicide-bomb plotter is being hunted for by the Russian Government. Russia has been a target for many terrorist attacks. Between October 15 and December 30, 2013, there were three suicide bombings targeting public transportation in the city of Volgograd (600 miles from Sochi), two of which occurred within the same 24-hour period. In early January 2014, media reports emerged about the possible presence of so-called “black widow” suicide bombers in Sochi. These reports have not been corroborated, and the U.S. government continues to seek further information. (Travelandtourworld.com)</div> <div> </div> <div> <span style="font-size:14px;"><strong>Tripadvisor Announces World’s Best Accommodations</strong></span></div> <div> <img alt="World’s Best Accommodations" src="/userfiles/images/tt5%20(Copy)(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 125px; height: 84px;" />TripAdvisor has announced the winners of its 2014 Travelers’ Choice awards for hotels. In the 12th year of the awards, the world’s most outstanding properties were identified in the categories of Top Hotels, Bargain, B&Bs and Inns, Family, Luxury, Romance, and Small Hotels. Travelers’ Choice award winners were determined based on the reviews and opinions of millions of TripAdvisor travelers around the globe. </div> <div> </div> <div> <strong>Top 10 Hotels in the World:</strong></div> <div> 1. <span class="Apple-tab-span" style="white-space:pre"> </span>Grand Hotel Kronenhof, Pontresina, Switzerland </div> <div> 2. <span class="Apple-tab-span" style="white-space:pre"> </span>The Upper House, Hong Kong, China</div> <div> 3. <span class="Apple-tab-span" style="white-space:pre"> </span>Gili Lankanfushi Maldives, Lankanfushi, Maldives </div> <div> 4. <span class="Apple-tab-span" style="white-space:pre"> </span>Nayara Hotel, Spa & Gardens, La Fortuna de San Carlos, Costa Rica</div> <div> 5. <span class="Apple-tab-span" style="white-space:pre"> </span>The Oberoi Udaivilas, Udaipur, India</div> <div> 6. <span class="Apple-tab-span" style="white-space:pre"> </span>Casa Gangotena, Quito, Ecuador </div> <div> 7. <span class="Apple-tab-span" style="white-space:pre"> </span>Lindos Blu, Lindos, Greece </div> <div> 8. <span class="Apple-tab-span" style="white-space:pre"> </span>The St. Regis Punta Mita Resort, Punta de Mita, Mexico</div> <div> 9. <span class="Apple-tab-span" style="white-space:pre"> </span>The Oberoi, Mumbai, Mumbai, India </div> <div> 10. <span class="Apple-tab-span" style="white-space:pre"> </span>Trump International Hotel & Tower Toronto, Toronto, Canada</div> <div style="text-align: right;"> <em>(Traveldailynews.com)</em></div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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 flight will be operated with effect from 14 May 2014, subject to regulatory approvals. Operated with a wide-body Airbus A330 aircraft compromising 18 Premiere and 236 Economy seats, flight 9W124 will depart Mumbai at 1200 and arrive in Paris Charles de Gaulle airport at 1750. On the return leg, flight 9W123 will depart Paris at 2110 and touch Mumbai at 0945 the following day.', 'sortorder' => '2376', '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' => '2532', 'article_category_id' => '157', 'title' => 'Wrapping The World Around', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Sujan Tiwari</strong></div> <div> </div> <div> Hotel Soaltee Crowne Plaza has come up with its first food promotion of 2014. The Garden Terrace restaurant of the Hotel has started the promotion of Wraps and Rolls from 21st January which will last till the end of this month. “We have numerous food promotions lined up for 2014. This is our first promotion for the year, and it has been very successful so far,” said Rena Sharma, Marketing and Public Relations Manager of the Hotel. </div> <div> </div> <div> According to Yuba Raj Pokhrel, Executive Sous Chef at Soaltee, wraps and rolls are served the world around and are extremely popular. “Almost every cuisine has wraps of some sort. Our team has carefully selected the best wraps and rolls from all the cuisines possible,” said Pokhrel. The wraps served at Garden terrace make up for a delicious quick meal that is also very filling. The wraps and rolls on the promotional menu are derived from popular cuisines like Italian, Indian, American and English among others. According to Pokhrel, all the ingredients required are imported to maintain the authentic taste of the respective cuisine. </div> <div> </div> <div> Oriental wraps are dominant in the menu, with Thai, Vietnamese and Indian taste. The creative part about the menu is that all the wraps and rolls are served with some accompaniments complimenting the cuisine. Thai Rice Paper Summer Roll is one of the interesting roll. It is prepared by rolling marinated chicken and glass noodles in rice paper, and is served with sweet chilli sauce, dry fish, egg salad and tomyom broth for authentic Thai taste. For an Indian touch, you can try Nawabi Kathi Rolls. It comes with reshmi chicken kebab and tikka rolled in a thin paratha. It is accompanied by sweet mango, mint chutney and papdi chat. </div> <div> </div> <div> It’s hard to pick a winner among the rolls, but if you listen to Pokhrel, Levorno Pisa Ham and Cheese Roll has to be the star roll. It is made by rolling ham slices, cheese and pesto marinated lettuce in tortilla, and is served with gorgonzola dip chips and fired potato wedges. Some of the other varieties include Jamaican Blackened Pork Steak Soft Taco, California Tuna Wrap, Royal Birmingham Wrap and Canadian Paprika Chicken Wrap among many others. </div> <div> </div> <div> There are a few desserts which play along with the entire ‘wrap’ theme. French crepes stuffed with chocolate, compote and fruit glaze comes along with condensed milk savoury. Thai banana pancake served with crunchy fried bananas and dates is another sweet option. </div> <div> </div> <div> All the wraps are served in generous portions and is enough to fill a hungry belly. Garden Terrace is the place to be all this month if you want to wrap yourself in tastes from around the world. </div>', 'published' => true, 'created' => '2014-01-27', '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' => 'Hotel Soaltee Crowne Plaza has come up with its first food promotion of 2014. The Garden Terrace restaurant of the Hotel has started the promotion of Wraps and Rolls from 21st January which will last till the end of this month. “We have numerous food promotions lined up for 2014. This is our first promotion for the year, and it has been very successful so far,” said Rena Sharma, Marketing and Public Relations Manager of the Hotel.', 'sortorder' => '2375', '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' => '2524', 'article_category_id' => '112', 'title' => 'Weekly Gold And Silver Price ( 20 - 26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => '2374', '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' => '2529', 'article_category_id' => '152', 'title' => 'Focus Briefs (27 January - 02 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:18px;"><strong>Useful Information about Generators</strong></span></div> <div> </div> <div> <span style="font-size:16px;"><strong>Using a generator</strong></span></div> <div> Consider using the generator for necessities only, like lighting and refrigeration. These items can be plugged directly into the generator using a UL-listed, three pronged extension cord of the proper size with the generator.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Using safely</strong></span></div> <div> Never plug a generator directly into any electric outlets or hook up a generator directly to your home’s wiring. Generators can feed electricity back into the power lines when the necessary equipment used to isolate the generator from the incoming power lines is not installed. This back feeding of electricity places you and energy line workers in extreme danger. The safest thing to do is connect the equipment you want to power directly to the outlets on the generator.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Install properly </strong></span></div> <div> When a generator is permanently connected to a member’s electric system, it energizes the building’s wiring. This type of installation requires a double-throw transfer switch that isolates the generator from energy’s system when the generator is in use.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Handle fuel carefully </strong></span></div> <div> Turn off the generator and let it cool down before refueling. Gasoline and its vapors can catch on fire if they come in contact with an electrical spark. Store fuel for the generator in an approved safety can. Use the type of fuel recommended in the instructions or on the label on the generator. Make sure you store fuel for the generator outdoors in a locked shed or other protected area. Do not store fuel in a garage, basement or anywhere inside a home, as vapors can be released that may cause illness and are a potential fire or explosion hazard.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Good ventilation is important </strong></span></div> <div> Generators produce carbon monoxide, a colorless, odorless, toxic gas that can result in serious injuries or even death if levels become too high. For this reason, the generator should never be operated inside your home, garage, office building or other enclosed space. It should always be located outside in a dry location.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Portable generators : </strong></span>Before starting your generator, carefully read and follow all of the manufacturer’s instructions. Portable generators are designed to be connected only to selected appliances or lamps. These generators never should be connected directly to a building’s wiring system. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Keep your generator original :</strong></span> Don’t make modifications to the fuel or exhaust system. Exhaust modifications can add stress to the original equipment exhaust system and cause breakage resulting in exhaust leaks. Adding larger auxiliary tanks to the system will create more pressure and result in a possible external fuel leak which may result in fires.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Remember these safety tips: </strong></span></div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Always store gasoline in approved containers only! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Never fuel an electric generator when the generator is running or hot! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Extinguish all flames or cigarettes when handling gasoline! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Always insure proper ventilation, and air flow around the generator. </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Always have a fully charged, approved fire extinguisher located near the generator! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Always properly disconnect from your utility service BEFORE starting your backup generator!</div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span> Always store fuel containers out of the reach of children. </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>When using extension cords, always check for exposed wires and frayed shielding, replace if damaged! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>NEVER remove or tamper with safety devices. They are there to protect you and your property!</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'Consider using the generator for necessities only, like lighting and refrigeration. These items can be plugged directly into the generator using a UL-listed, three pronged extension cord of the proper size with the generator', 'sortorder' => '2373', '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' => '2530', 'article_category_id' => '99', 'title' => 'International Tourism Exceeds Expectations With Arrivals Above 1 Billion In 2013', 'sub_title' => '', 'summary' => null, 'content' => '<div> International tourist arrivals grew by 5 per cent in 2013, reaching a record 1,087 million arrivals, according to the latest UNWTO World Tourism Barometer. Despite global economic challenges, international tourism results were well above expectations, with an additional 52 million international tourists travelling the world in 2013. For 2014, UNWTO forecasts 4 to 4.5 per cent growth again, above the long term projections.</div> <div> </div> <div> Demand for international tourism was strongest for destinations in Asia and the Pacific (+6%), Africa (+6%) and Europe (+5%). The leading sub-regions were South-East Asia (+10%), Central and Eastern Europe (+7%), Southern and Mediterranean Europe (+6%) and North Africa (+6%).</div> <div> </div> <div> “2013 was an excellent year for international tourism. The tourism sector has shown a remarkable capacity to adjust to the changing market conditions, fuelling growth and job creation around the world, despite the lingering economic and geopolitical challenges.” said UNWTO Secretary-General Taleb Rifai</div> <div> </div> <div> UNWTO forecasts international arrivals to increase by 4 to 4.5% in 2014, again above its long-term forecast of +3.8% per year between 2010 and 2020. The UNWTO Confidence Index, based on the feedback from over 300 experts worldwide, confirms this outlook with prospects for 2014 higher than in previous years. 2014 regional prospects are strongest for Asia and the Pacific (+5% to +6%) and Africa (+4% to +6%), followed by Europe and the Americas (both +3% to +4%). In the Middle East (0% to +5%) prospects are positive yet volatile.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Russia and China – Leading in Growth in 2013</strong></span></div> <div> Among the ten most important source markets in the world, Russia and China clearly stand out. China, which became the largest outbound market in 2012 with an expenditure of US$ 102 billion, saw an increase in expenditure of 28% in the first three quarters of 2013. The Russian Federation, the 5th largest outbound market, reported 26% growth through September.</div> <div> Other emerging markets with substantial growth in outbound expenditure were Turkey (+24%), Qatar (+18%), Philippines (+18%), Kuwait (+15%), Indonesia (+15%), Ukraine (+15%) and Brazil (+14%).</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'International tourist arrivals grew by 5 per cent in 2013, reaching a record 1,087 million arrivals, according to the latest UNWTO World Tourism Barometer. Despite global economic challenges, international tourism results were well above expectations, with an additional 52 million international tourists travelling the world in 2013. For 2014, UNWTO forecasts 4 to 4.5 per cent growth again, above the long term projections.', 'sortorder' => '2372', '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' => '2525', 'article_category_id' => '113', 'title' => 'US Dollar Exchange Rate At Local Market (20 - 26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => '2371', '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' => '2470', 'article_category_id' => '109', 'title' => 'Nepse’s Opens Weekly Trading With Marginal Increase', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By TC Correspondent</strong></div> <div> </div> <div> Nepal Stock Exchange Limited (Nepse) Index started with a marginal gain of 0.12 points on Sunday. The benchmark index of the country’s capital market, which closed at 794.64 points on the last trading day of previous week edged up 0.02 per cent to settle at 794.76 points on Sunday. Intra-day volatility was seen on the first day with the index rising up to 796 points and then coming down to 792 points before the closing. Market analysts say that Sunday’s sluggish performance of Nepse was due to the thin trading. According to them, bargain hunters demanded lower prices for the stocks. They said that sellers were mostly seen unconvinced to give away the stocks in low prices that they bought recently in higher price levels. </div> <div> </div> <div> On Sunday a total of 1,740,135 units of share of 99 companies were traded throughout 1984 transactions. The turnover was recorded at Rs. 732.82 million. Meanwhile, the total market capitalization for the day was registered at Rs 807.84 billion. </div> <div> </div> <div> On Sunday, Sensitive index representing class ‘A’ listed companies in the secondary market, loss 0.15 points to close at 176.51. Hydropower sub-index was the highest gainer (4.87 points) followed by Banking (2.29 points), Finance (1.63 points) and Development Bank (1.44 points). Sub-index of insurance companies was the biggest loser for the day (-12.46 points). Similarly, the sub-indices of ‘Others’ and Hotels fell 5.87 points and 0.36 points respectively.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Nepse went up 12 Points Last Week</strong></span></div> <div> Nepse index went up 12 points to settle at 794.64 points last week. The index continued its rally throughout last week as the easing of ‘Poush-Masanta effect’ helped the investors to manage more money for investments. Also, the clearance of income tax payments by many businesses and investors in second quarter brought respite to the market contributing the continuation of Nepse’s bull run. </div> <div> </div> <div> For the week, a total of 3.16 million units shares worth Rs 1.54 billion were traded in the stock market. Compared to the previous week, unit of shares traded declined 10.64 per cent whereas, the turnover increased by 4.09 per cent. Similarly, the number of transactions went down to 9,813 which was 11,776 in the previous week. Last week, number of transaction decreased by 16.76 per cent. </div> <div> </div> <div> Promoter shares of Nabil Bank climbed to the top spot in terms of turnover. Likewise, Nabil Balance Fund-1 remained in the number 1 spot in terms number of units being transacted for the week. Nepal Telecom maintained its top position in terms of market capitalization as earlier weeks. </div> <div> </div> <div> Nepse, which opened at 782.2 points on the first day of weekly trading (Sunday), settled its weekly trading at 794.64 points on (Thursday). Most of the sub-indices of the stock market saw increase in their share prices. Hotels sub-index was the biggest weekly gainer with 110.43 points. The Hydropower sub-index was the second biggest gainer (79.43 points) for the week followed by Insurance (66.46 points), Development Banks (18.59 points) and ‘Others’ (15.27 points). Similarly, the Banking sub-index gained 4.45 points and Finance rose by 2.48 points. Sub-index of the Trading also went up 1.85 points last week. Manufacturing and Processing, meanwhile, dipped 10.12 points. For the week, the Sensitive Index of class ‘A’ listed companies gained 2.39 points. </div> <div> </div> <div> Shares of 137 companies were transacted in the stock market last week. 82 companies observed gain in their share prices while, 34 companies saw decline. Share prices of 21 companies remained unchanged over the period.</div> <div> </div> <div> <img alt="" src="/userfiles/images/mm1%20(Copy).jpg" style="width: 550px; height: 336px; margin-left: 10px; margin-right: 10px;" /></div>', 'published' => true, 'created' => '2014-01-20', 'modified' => '2014-01-27', '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 with a marginal gain of 0.12 points on Sunday. The benchmark index of the country’s capital market, which closed at 794.64 points on the last trading day of previous week edged up 0.02 per cent to settle at 794.76 points on Sunday. Intra-day volatility was seen on the first day with the index rising up to 796 points and then coming down to 792 points before the closing. Market analysts say that Sunday’s sluggish performance of Nepse was due to the thin trading. According to them, bargain hunters demanded lower prices for the stocks. They said that sellers were mostly seen unconvinced to give away the stocks in low prices that they bought recently in higher price levels.', 'sortorder' => '2370', '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' => '2526', 'article_category_id' => '111', 'title' => 'Top Ten Gainers (20 - 26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => '2369', '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' => '2527', 'article_category_id' => '110', 'title' => 'Top Ten Losers (20 -26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => '2368', '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' => '2522', 'article_category_id' => '109', 'title' => 'Nepse’s Technical Analysis (20 -26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <span style="font-size:14px;"><strong>Moving Averages (50 & 200-day) </strong></span></div> <div> The diverging 50-day and 200-day MA still confirms the current bull trend which began in March 29, 2012. At present, there have not been any major reversal trends in the moving averages that indicate that the market may be heading in the opposite direction. The nearest support level of Nepse stands at 753.17 points while the next resistance level stands at 806.82 points. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Relative Strength Index (RSI)</strong></span></div> <div> RSI as a leading indicator RSI is believed to be most effective during periods of sideways movement. In the present context, RSI has been on an overall declining trend suggesting decreasing buying pressure in the market. During the last trading day of the previous week, the RSI closed at 64.11 and has been maintaining within the neutral zone. This suggests that the current market is neither highly over-bought nor over-sold. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Moving Average Convergence-Divergence (MACD)</strong></span></div> <div> Similar to the RSI, the MACD indicator has also been trending lower, however, at a greater momentum. Currently, the MACD chart is showing a form of divergence in Nepse. Since the first week of January, Nepse has been trending upwards while the MACD line has been accelerating in the downward direction. Thus, this can be considered as a bearish sign for Nepse in the near term. </div> <div> </div> <div> <span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div> <div> OBV 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. Nepse reached 795.26 points on January 19, 2014 and then retraced lower. During the same timeframe, OBV also moved lower supporting the trend of Nepse. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Market Summary </strong></span></div> <div> <strong>(19 –23 January, 2014)</strong></div> <div> <strong>Close:</strong> 785.70</div> <div> <strong>High:</strong> 795.26</div> <div> <strong>Weekly Change :</strong> -8.94 (-1.13%) </div> <div> <strong>Daily Average Turnover:</strong> NPR 398.1 million</div> <div> <strong>Total Weekly Turnover:</strong> NPR 1990.48 Million</div> <div> <strong>Immediate Support :</strong> 753.17</div> <div> <strong>Immediate Resistance :</strong> 806.82</div> <div> <strong>RSI :</strong> 64.11</div> <div> <strong>MACD Line : </strong>18.98</div> <div> <strong>Signal Line :</strong> 22.89</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-02-09', '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 diverging 50-day and 200-day MA still confirms the current bull trend which began in March 29, 2012. At present, there have not been any major reversal trends in the moving averages that indicate that the market may be heading in the opposite direction. The nearest support level of Nepse stands at 753.17 points while the next resistance level stands at 806.82 points.', 'sortorder' => '2367', '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' => '2523', 'article_category_id' => '108', 'title' => 'Money Matters News In Brief (27 January - 02 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>NIBL Capital Markets Sign Agreement with Hydro Companies </strong></span></div> <div> <img alt="NIBL" src="/userfiles/images/nibl%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 200px; height: 29px;" />NIBL Capital Markets Limited has signed agreements on 23 January with two hydropower companies, United Modi Hydropower Private Limited and ApiPower Company Limited, to act as the issue manager and underwriter for their respective Initial Public Offering. United Modi Hydro Private Limited will be issuing 4,000,000 units of common stock, having total value of Rs 400 million at Rs 100 par value. Currently, United Modi is in the process of converting into a Public Limited Company. United Modi runs the 10MW Lower Modi-1 Hydropower Project in Parbat and is now constructing 10.5 MW Lower Modi-2 Hydropower Project as the second part of the cascade project. Api Power Company Limited will issue up to 2,046,240 units of common stock, having total value up to Rs 204,624,000 at Rs 100 par value. Api Power Company Limited has already started construction of the 8.5 MW Naugard Gad Project in Darchula.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Dahal Appointed Sanima’s CEO</strong></span></div> <div> <img alt="Bhuvan Kumar Dahal" src="/userfiles/images/dahal(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 82px; height: 100px;" />Bhuvan Kumar Dahal is appointed as the Chief Executive Officer (CEO) of Sanima Bank for four years. The Board Meeting of Sanima Bank held on 21st January, 2014 made the appointment. Dahal had been working at Sanima Bank as a Deputy Chief Executive Officer (DCEO) for the last seven months. Before joining Sanima Bank, Dahal worked at Nabil Bank for 22 years in various capacities. Last three positions he held in Nabil were Chief Operating Officer, Chief Investment Officer and Chief Financial Officer.</div> <div> </div> <div> </div> <div> <span style="font-size:14px;"><strong>EBL’s ATM in Pashupatinath Temple</strong></span></div> <div> <img alt="Everest Bank Limited (EBL)" src="/userfiles/images/ebl%20(Copy)(1).jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 105px;" />Everest Bank Limited (EBL) has installed its new ATM inside Pashupatinath Temple premises. The ATM was jointly inaugurated by Govind Tandon (Member Secretary-Pashupatinath Trust) and AK Ahluwalia (CEO-EBL). The inaugural function was also attended by dignitaries including officials of Pashupatinath Trust, Bank’s Employees and Brand Ambassador of EBL Sadichha Shrestha. At the same function, the Bank also distributed warm clothes to around 250 elderly people of Pashupatinath Old-age home.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Citizens Bank’s Brach in Siddharthanagar</strong></span></div> <div> <img alt=" Citizens Bank’s Brach in Siddharthanagar" src="/userfiles/images/ctzn%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 200px; height: 116px;" />Citizens Bank International Limited has opened its 37th branch in Siddharthanagar of Rupandehi. On the occasion, the Bank also distributed warm clothes to elderlies of an oldage home of Basanapur VDC of Rupandehi. Branch Manager Rajendra Thapa Chhetri informed that the branch will provide banking service of international standard to the people of Siddharthanagar and neighbouring areas. The Bank also informed that it will install an ATM in Bhairahawa within a week. The Bank has been offering irs services through 37 branches, 36 ATm counters and 46 branchless banking service. </div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'Everest Bank Limited (EBL) has installed its new ATM inside Pashupatinath Temple premises. The ATM was jointly inaugurated by Govind Tandon (Member Secretary-Pashupatinath Trust) and AK Ahluwalia (CEO-EBL). The inaugural function was also attended by dignitaries including officials of Pashupatinath Trust, Bank’s Employees and Brand Ambassador of EBL Sadichha Shrestha', 'sortorder' => '2366', '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' => '2518', 'article_category_id' => '155', 'title' => '“British College Is Offering A Well Reputed Degree From A Top University Of UK”', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:16px;"><img alt="Dipankar Sherpa" src="/userfiles/images/ht.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 225px; height: 268px;" />The British College, Thapathali, Kathmandu, provides world-class education in Nepal for students who aspires to gain internationally recognised qualifications. It offers an international university degree, the same as you would get if you were studying in the UK, but with the comfort and cost-effectiveness of remaining in Nepal. <strong>Dipankar Sherpa</strong>, Programme Leader at the college, talks about the degree and the College. <strong>Excerpts</strong>:</span></div> <div> </div> <div> <span style="font-size:14px;"><strong>How is The British College different from other colleges in Nepal?</strong></span></div> <div> The British College (TBC), as the name suggests, offers programmes affiliated to some of the top British universities. The college is a franchise programme of University of West of England (UWE). The UWE is a reputed European university and has been ranked 6th university in the continent in terms of graduate employment rates.</div> <div> </div> <div> It aims to provide British experience in terms of learning activities, course syllabus, teaching methodologies and infrastructures to Nepali students. Every activity of the college aims to provide British educational excellence to the students and thereby enable the college to stand apart from rest of the colleges in the country.</div> <div> </div> <div> <span style="font-size:14px;"><strong>What are the courses offered?</strong></span></div> <div> We offer British programme affiliated to two reputed UK universities: University of West of England (UWE) and Leads Metropolitan University (LMU). Apart from that, we offer Cambridge University affiliated A-level course and Professional Accounting Programme like ACCA. However, TBC’s core programmes are from UWE and LMU. TBC’s BBA and MSC International Management programme are affiliated to the UWE.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Are you planning to introduce other disciplines?</strong></span></div> <div> Yes, we will expand other disciplines in future. Meanwhile,we‘re trying to strengthen our existing disciplines, as it is our flagship programme.We have introduced a new course called MSC International Management in order to offer something new to Nepali market. International Management programme is especially tailored to suit the needs of multinational companies. Many of these are approaching us for human resources and through this course we want enable our students to qualify for being part of those companies in the future. Along with that, the course will enable students to work in international companies abroad, as the course provides insights into their working culture. </div> <div> </div> <div> Basically, we aim to provide best business and IT programmes to Nepali students. Nepali market is demanding good managers and entrepreneurs. We aim to produce those professionals and meet the demands.</div> <div> </div> <div> <span style="font-size:14px;"><strong>What is the benefit of getting an International Degree?</strong></span></div> <div> International degree is highly contemporary and they are updated frequently. Countries like The United Kingdom, The United States and Australia are education giants. They are the powerhouses in education sector. That alone ensures that you’re getting the latest learning technology and the best education in the world. </div> <div> </div> <div> Along with that, every University and educational institutions in the UK is monitored by QAA (Quality Assurance Agency). They have quality policies and codes outline that every college has to follow. UWE is also under surveillance of this QAA, which means our college is also following the codes they have outlined. This also ensures that we are providing quality education.</div> <div> </div> <div> <span style="font-size:14px;"><strong>What internship opportunities do students have at the college?</strong></span></div> <div> TBC has signed up Memorandum of Understanding (MoU) with some business giants of Nepal like the Chaudhary and the Khetan group for student internships. We are expanding our network with other corporate actors in the country. We want to ensure best internship and workplace opportunities for our students to ensure that they groom and grow well in their profession. </div> <div> </div> <div> <span style="font-size:14px;"><strong>What are the challenges of education sector in Nepal?</strong></span></div> <div> Nepalis education system is facing irrelevancy between books and real life work due to lack of practical skills. Along with that, we are also lagging far behind in the area of research. Research should be encouraged. In fact I’d say every college should have its own research centre. Students and teachers should be updated with latest trends in their respective field. </div> <div> </div> <div> We focus on providing professional skills to student that will enable them not only to adapt in theirprofessional sphere but will also be able to impress and overwhelm their employers.</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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 British College, Thapathali, Kathmandu, provides world-class education in Nepal for students who aspires to gain internationally recognised qualifications. It offers an international university degree, the same as you would get if you were studying in the UK, but with the comfort and cost-effectiveness of remaining in Nepal.', 'sortorder' => '2365', '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' => '2520', 'article_category_id' => '106', 'title' => 'Learning Curve News In Brief (27 January - 02 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>Mid Western University Set to Grant Affiliation to Science Colleges</strong></span></div> <div> Mid Western University is set to grant affiliation to science colleges operating in the Mid-Western Region as per the need with the completion of a year of its official operation. The second assembly of the University has decided to grant affiliation to the colleges offering Science and Technology education in different districts in the region. The affiliation will be granted on the basis of application submitted for the constituent college, said MU Registrar Thakendra Prakash Giri. However, it is not possible to grant affiliation to all colleges at once, Giri added. (RSS)</div> <div> </div> <div> <span style="font-size:14px;"><strong>Private Schools in Chitwan Shut down Indefinitely</strong></span></div> <div> The Nepal Institutional Schools Teachers’ Union (Nepal ISTU), Chitwan has called for a closure of all the private schools in Chitwan with effect from Thursday. The decision to close down the schools was made after the agreement reached with the Private and Boarding Schools Association of Nepal (PABSON) to increase teachers’ salary was not implemented, said ISTU Chitwan Chair Bishnu Bahadur Bhujel. According to Bhujel, an agreement was reached with the involvement of the District Education Office to increase teachers’ salary by 18 per cent and provide a dearness allowance of Rs. 1,000 per month. The closure of more than 150 schools will affect some 8,000 students in Chitwan. “Unless our demands are met the schools will not open at any cost”, warns Bhujel. (RSS)</div> <div> </div> <div> <span style="font-size:14px;"><strong>NMC Chairperson Resigned</strong></span></div> <div> Chairperson of Nepal Medical Council (NMC) Dr. Damodar Gajurel has resigned citing lack of proper environment to work at the regulatory body. He tendered the resignation to Health Minister Vidyadhar Mallik on Friday, 24th January. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Purbanchal University published results of various semesters</strong></span></div> <div> Purbanchal University, office of the examination Management, Biratnagar has published the results of various semesters of Bachelor’s and Master’s programme on Saturday, 25th January. Results that have been published are of Masters in Hospitality and Hotel Management (MHHM)-II and IV semesters, Bachelor in Travel and Tourism Studies: I, III and V semesters, Masters in Development Studies (M.Dev.s): I and III semesters and B.V.Sc and AH-II and IV Semesters.</div> <div> </div> <div> <span style="font-size:14px;"><strong>UGC Employee Caught Red handed in a Bribery Case</strong></span></div> <div> According to a press release issued by Commission for Investigation of Abuse of Authority (CIAA), Bishnu Bahadur Khadka, senior Assistant of the University Grants Commission (UGC) was caught red-handed while taking bribe. CIAA on Friday apprehended Khadka while taking bribe of Rs 15,000 from Chief of Baglung-based Nisibhuji Janata Campus, Rishi Ram Sharma, for getting the budget of Rs 2.5 million released from the Ministry of Finance for the construction of the college building. </div> <div> </div> <div> <span style="font-size:14px;"><strong>MBBS Graduates from Foreign Universities on Agitation</strong></span></div> <div> The future of medical students graduated from abroad has become uncertain with the sheer ignorance on the part of the Nepal Medical Council. Hundreds of students, who pursued medical science abroad, are reeling under an uncertain future when the Council banned them to practice as an intern in Nepal. Though the Council imposed ban on internship issuing a notice in 2064 BS, medical students up to the batch of 2068 BS had completed their internship. The students after the 2068 batch have been deprived of doing internship in Nepal. However, the National Guidelines for Internship Training-2007 has specified a provision that medical students graduating from abroad could practice as an intern in Nepal giving prior information to the Council under special circumstances. (RSS)</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'Mid Western University is set to grant affiliation to science colleges operating in the Mid-Western Region as per the need with the completion of a year of its official operation. The second assembly of the University has decided to grant affiliation to the colleges offering Science and Technology education in different districts in the region.', 'sortorder' => '2364', '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' => '2442', 'article_category_id' => '48', 'title' => 'Corruption Proofness', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Madan Lamsal</strong></div> <div> </div> <div> Nepal is no doubt the land of uncountable miracles. The recently added one is that Nepal has substantially fallen down in corruption index. It is confirmed by none other than global corruption watch-dog, Transparency International (TI). It must be credible as we are constantly taught that whatever these global institutions influenced by the West say must be blindly trusted and followed. </div> <div> </div> <div> There are few occasions when falling is not only beautiful but desirable too, like falling in love and falling in corruption index. Therefore, Nepal is now enjoying the honeymoon of this miraculous fall from 139th position of the last year to 116th this year, out of 177 countries. The fall is miraculous for more than one reason. Nepal has constantly been branded as the country with a crisis in governance. For last couple of decades, our main industry has been to produce at least one prime minister each year. Sometimes, that too was very difficult like at present, and our last House was unable to produce even one prime minister in seventeen attempts. What it effectively says is: corruption can be reduced without governance. This is new theory, innovated in Nepal by TI.</div> <div> </div> <div> But there must be some reason for this impressive improvement in Nepal's corruption ranking. Facts in hand are -- we had the Maoist government on the year the index data was collected and non-political government of bureaucrats is in Singhadurbar forts when it is made public. A former bureaucrat with the most corrupt reputation was appointed as the chief of constitutional commission CIAA. Unquestionably, all these factors must have singly or jointly contributed to this fall.</div> <div> </div> <div> If so, there are one or two lessons for the most corrupt countries to take home from Nepal. First, political instability and Maoist government are the best panacea for controlling corruption. To begin, let Maoists of any country run a decade-long armed rebellion when the term bribery and grease-money dealing in petty sum disappears and every clandestine large endowment becomes 'voluntary donation to the revolution', even if the amount surrendered is at gun point. As the corruption index researchers pasturing on the surface hardly smell about these deals, consequently the index drops. The instability has direct anti-corruption effect. It is so simple. The instability helps to root-out all major business, production and service industries. Who pays the bribe? The private sector, i.e. the business people or industrialists. When they are gone, corruption is bound to reduce, substantially. So, if any country is committed to reduce corruption, make sure you have prolonged political instability. </div> <div> </div> <div> Second, political parties must stop forming the government of their own and they should install a fully bureaucratic government, hopefully headed by the incumbent chief justice of the supreme court of the country. This latter arrangement is crucial. When the government apparatus indulges in corruption, the road to judiciary to seek redressal is practically blocked, as the head of the government is also the head of the judiciary, simultaneously.</div> <div> </div> <div> Third, if the anti-corruption institutions like CIAA are filled by the most corrupt bureaucrats in history, they are sure to make history either way. They know how not to make it more felt even if there were rampant corrupt practices. Or, it might also be the case that they are done with money, with their infamous fathers’ statues erected at the middle of busy highways, offsprings off to foreign countries and a couple of bank accounts in safe havens. So, the amount of money to be bribed in a poor country suddenly starts to look too small relative to their pride. Then they might rather pose as ascetics than avarices. The situation really contributes to reduce the corruption and helps country to ride on the freedom-from-corruption ladder, very soon.</div> <div> </div> <div> Finally, with this astounding success, Nepal can think of setting up a training institute for those countries to run course on 'how to make a country corruption-proof and improve in the (anti?) corruption index!' This has business rationale too!</div>', 'published' => true, 'created' => '2014-01-10', 'modified' => '2014-01-27', 'keywords' => 'new business age no laughing matter news & articles, no laughing matter news & articles from new business age nepal, no laughing matter headlines from nepal, current and latest no laughing matter news from nepal, economic news from nepal, nepali no laughing matter economic news and events, ongoing', 'description' => 'Nepal is no doubt the land of uncountable miracles. The recently added one is that Nepal has substantially fallen down in corruption index. It is confirmed by none other than global corruption watch-dog, Transparency International (TI). It must be credible as we are constantly taught that whatever these global institutions influenced by the West say must be blindly trusted and followed.', 'sortorder' => '2363', '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' => '2508', 'article_category_id' => '139', 'title' => 'Nepal And The World News In Brief (27 January - 02 February)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>Draghi: Eurozone Pick-UP ‘Dramatic’</strong></span></div> <div> <img alt="Mario Draghi" src="/userfiles/images/nw3%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 71px;" />The head of the European Central Bank, Mario Draghi, says there has been a “dramatic improvement” in the eurozone recovery over the past two years. Speaking at a forum in Davos on Saturday he said: “Risks have decreased across the board both for core eurozone countries and the periphery”. </div> <div> </div> <div> </div> <div> <span style="font-size:14px;"><strong>Argentina Eases Currency Control</strong></span></div> <div> <img alt="Argentina Eases Currency Control" src="/userfiles/images/nw4%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 79px;" />Argentina is to relax its strict foreign exchange controls, a day after the peso suffered its steepest daily decline in 12 years. On Thursday, the peso fell 11% against the dollar, its steepest fall since the country’s 2002 financial crisis. Cabinet Chief Jorge Capitanich said the country would reduce the tax rate on dollar purchases and allow the purchase of dollars for savings accounts. </div> <div> </div> <div> <span style="font-size:14px;"><strong>IMF warns of deflation risk</strong></span></div> <div> The International Monetary Fund is warning that dangerously low inflation could put the global economic recovery at risk in 2014. “Risks to activity associated with very low inflation in advanced economies, especially the euro area, have come to the fore,” the IMF said in an update to its World Economic Outlook. </div> <div> </div> <div> <span style="font-size:14px;"><strong>BOJ to Maintain Aggressive Monetary Easing</strong></span></div> <div> The Bank of Japan said on Wednesday it had decided to maintain its aggressive monetary easing to stimulate the country’s economy and combat chronic deflation. The bank also kept unchanged its overall economic assessment, saying “Japan’s economy has continued to recover moderately, and a front-loaded increase in demand prior to the consumption tax hike has recently been observed,” the bank said after a two-day monetary policy meeting.</div> <div> </div> <div> <span style="font-size:14px;"><strong>China also Exports Pollution to Western US, Study Finds</strong></span></div> <div> <img alt="China also Exports Pollution to Western US, Study Finds" src="/userfiles/images/nw5%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Filthy emissions from China’s export industries are carried across the Pacific Ocean and contribute to air pollution in the western United States, according to a paper published by a prominent US science journal. The research is the first to quantify how air pollution in the United States is affected by China’s production of goods for export and by global consumer demand for those goods, the study’s authors say. </div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'Argentina is to relax its strict foreign exchange controls, a day after the peso suffered its steepest daily decline in 12 years. On Thursday, the peso fell 11% against the dollar, its steepest fall since the country’s 2002 financial crisis. Cabinet Chief Jorge Capitanich said the country would reduce the tax rate on dollar purchases and allow the purchase of dollars for savings accounts.', 'sortorder' => '2362', '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 = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '2533', 'article_category_id' => '157', 'title' => 'Tourism Briefs (27 January - 02 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>Jet Airways direct daily service between Mumbai and Paris</strong></span></div> <div> <img alt="Jet Airways" src="/userfiles/images/tt2%20(Copy)(3).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 125px; height: 95px;" />The flight will be operated with effect from 14 May 2014, subject to regulatory approvals. Operated with a wide-body Airbus A330 aircraft compromising 18 Premiere and 236 Economy seats, flight 9W124 will depart Mumbai at 1200 and arrive in Paris Charles de Gaulle airport at 1750. On the return leg, flight 9W123 will depart Paris at 2110 and touch Mumbai at 0945 the following day. To mark the launch of this service, Jet Airways has announced a special return economy introductory fare of US$736 (INR 45,291) including taxes, and return Premiere introductory fare of US$ 2,478 (INR1,53,315). These fares are available since 14 January 2014 with purchases completed on or before 10 February 2014. In addition, JetPrivilege members can earn double miles on flights booked between 14 May and 13 June, 2014. (Traveldailymedia.com)</div> <div> </div> <div> <span style="font-size:14px;"><strong>China Arrivals Fall Again In 2013</strong></span></div> <div> <img alt="International visitor arrivals to China" src="/userfiles/images/tt3%20(Copy)(3).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 125px; height: 82px;" />International visitor arrivals to China declined in 2013. According to the latest data from China’s National Administration of Tourism (CNTA), the country received 55.69 million overnight visitors last year – 3.5% lower than 2012. Including day visitors, the total was 129m arrivals – 2.5% fewer than the previous year. This follows a 1.5% decline in total tourist arrivals experienced in 2012. A CNTA official, quoted by the China Daily, attributed the downturn to “the weak global economy and the increasing cost of travel in China”. The continued tensions with Japan – one of China’s biggest visitor source markets – are also believed to be having an impact on the inbound figures. China’s domestic tourism industry however, remains buoyant. The country registered 3.26 billion visits in 2012, up 10.3% year-on-year. Outbound tourist numbers surged 18% to 98.19m, making China the world’s biggest tourism source market. (Traveldailymedia.com)</div> <div> </div> <div> <span style="font-size:14px;"><strong>US Sends Travel Alert for Americans Travelling To Sochi </strong></span></div> <div> <img alt="US Sends Travel Alert for Americans Travelling To Sochi " src="/userfiles/images/tt4%20(Copy)(3).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 125px; height: 68px;" />Americans are being asked to exert caution by the U.S. State Department as they head to Sochi for the winter Olympics after it has been learnt that a “black widow” suicide-bomb plotter is being hunted for by the Russian Government. Russia has been a target for many terrorist attacks. Between October 15 and December 30, 2013, there were three suicide bombings targeting public transportation in the city of Volgograd (600 miles from Sochi), two of which occurred within the same 24-hour period. In early January 2014, media reports emerged about the possible presence of so-called “black widow” suicide bombers in Sochi. These reports have not been corroborated, and the U.S. government continues to seek further information. (Travelandtourworld.com)</div> <div> </div> <div> <span style="font-size:14px;"><strong>Tripadvisor Announces World’s Best Accommodations</strong></span></div> <div> <img alt="World’s Best Accommodations" src="/userfiles/images/tt5%20(Copy)(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 125px; height: 84px;" />TripAdvisor has announced the winners of its 2014 Travelers’ Choice awards for hotels. In the 12th year of the awards, the world’s most outstanding properties were identified in the categories of Top Hotels, Bargain, B&Bs and Inns, Family, Luxury, Romance, and Small Hotels. Travelers’ Choice award winners were determined based on the reviews and opinions of millions of TripAdvisor travelers around the globe. </div> <div> </div> <div> <strong>Top 10 Hotels in the World:</strong></div> <div> 1. <span class="Apple-tab-span" style="white-space:pre"> </span>Grand Hotel Kronenhof, Pontresina, Switzerland </div> <div> 2. <span class="Apple-tab-span" style="white-space:pre"> </span>The Upper House, Hong Kong, China</div> <div> 3. <span class="Apple-tab-span" style="white-space:pre"> </span>Gili Lankanfushi Maldives, Lankanfushi, Maldives </div> <div> 4. <span class="Apple-tab-span" style="white-space:pre"> </span>Nayara Hotel, Spa & Gardens, La Fortuna de San Carlos, Costa Rica</div> <div> 5. <span class="Apple-tab-span" style="white-space:pre"> </span>The Oberoi Udaivilas, Udaipur, India</div> <div> 6. <span class="Apple-tab-span" style="white-space:pre"> </span>Casa Gangotena, Quito, Ecuador </div> <div> 7. <span class="Apple-tab-span" style="white-space:pre"> </span>Lindos Blu, Lindos, Greece </div> <div> 8. <span class="Apple-tab-span" style="white-space:pre"> </span>The St. Regis Punta Mita Resort, Punta de Mita, Mexico</div> <div> 9. <span class="Apple-tab-span" style="white-space:pre"> </span>The Oberoi, Mumbai, Mumbai, India </div> <div> 10. <span class="Apple-tab-span" style="white-space:pre"> </span>Trump International Hotel & Tower Toronto, Toronto, Canada</div> <div style="text-align: right;"> <em>(Traveldailynews.com)</em></div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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 flight will be operated with effect from 14 May 2014, subject to regulatory approvals. Operated with a wide-body Airbus A330 aircraft compromising 18 Premiere and 236 Economy seats, flight 9W124 will depart Mumbai at 1200 and arrive in Paris Charles de Gaulle airport at 1750. On the return leg, flight 9W123 will depart Paris at 2110 and touch Mumbai at 0945 the following day.', 'sortorder' => '2376', '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' => '2532', 'article_category_id' => '157', 'title' => 'Wrapping The World Around', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Sujan Tiwari</strong></div> <div> </div> <div> Hotel Soaltee Crowne Plaza has come up with its first food promotion of 2014. The Garden Terrace restaurant of the Hotel has started the promotion of Wraps and Rolls from 21st January which will last till the end of this month. “We have numerous food promotions lined up for 2014. This is our first promotion for the year, and it has been very successful so far,” said Rena Sharma, Marketing and Public Relations Manager of the Hotel. </div> <div> </div> <div> According to Yuba Raj Pokhrel, Executive Sous Chef at Soaltee, wraps and rolls are served the world around and are extremely popular. “Almost every cuisine has wraps of some sort. Our team has carefully selected the best wraps and rolls from all the cuisines possible,” said Pokhrel. The wraps served at Garden terrace make up for a delicious quick meal that is also very filling. The wraps and rolls on the promotional menu are derived from popular cuisines like Italian, Indian, American and English among others. According to Pokhrel, all the ingredients required are imported to maintain the authentic taste of the respective cuisine. </div> <div> </div> <div> Oriental wraps are dominant in the menu, with Thai, Vietnamese and Indian taste. The creative part about the menu is that all the wraps and rolls are served with some accompaniments complimenting the cuisine. Thai Rice Paper Summer Roll is one of the interesting roll. It is prepared by rolling marinated chicken and glass noodles in rice paper, and is served with sweet chilli sauce, dry fish, egg salad and tomyom broth for authentic Thai taste. For an Indian touch, you can try Nawabi Kathi Rolls. It comes with reshmi chicken kebab and tikka rolled in a thin paratha. It is accompanied by sweet mango, mint chutney and papdi chat. </div> <div> </div> <div> It’s hard to pick a winner among the rolls, but if you listen to Pokhrel, Levorno Pisa Ham and Cheese Roll has to be the star roll. It is made by rolling ham slices, cheese and pesto marinated lettuce in tortilla, and is served with gorgonzola dip chips and fired potato wedges. Some of the other varieties include Jamaican Blackened Pork Steak Soft Taco, California Tuna Wrap, Royal Birmingham Wrap and Canadian Paprika Chicken Wrap among many others. </div> <div> </div> <div> There are a few desserts which play along with the entire ‘wrap’ theme. French crepes stuffed with chocolate, compote and fruit glaze comes along with condensed milk savoury. Thai banana pancake served with crunchy fried bananas and dates is another sweet option. </div> <div> </div> <div> All the wraps are served in generous portions and is enough to fill a hungry belly. Garden Terrace is the place to be all this month if you want to wrap yourself in tastes from around the world. </div>', 'published' => true, 'created' => '2014-01-27', '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' => 'Hotel Soaltee Crowne Plaza has come up with its first food promotion of 2014. The Garden Terrace restaurant of the Hotel has started the promotion of Wraps and Rolls from 21st January which will last till the end of this month. “We have numerous food promotions lined up for 2014. This is our first promotion for the year, and it has been very successful so far,” said Rena Sharma, Marketing and Public Relations Manager of the Hotel.', 'sortorder' => '2375', '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' => '2524', 'article_category_id' => '112', 'title' => 'Weekly Gold And Silver Price ( 20 - 26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => '2374', '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' => '2529', 'article_category_id' => '152', 'title' => 'Focus Briefs (27 January - 02 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:18px;"><strong>Useful Information about Generators</strong></span></div> <div> </div> <div> <span style="font-size:16px;"><strong>Using a generator</strong></span></div> <div> Consider using the generator for necessities only, like lighting and refrigeration. These items can be plugged directly into the generator using a UL-listed, three pronged extension cord of the proper size with the generator.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Using safely</strong></span></div> <div> Never plug a generator directly into any electric outlets or hook up a generator directly to your home’s wiring. Generators can feed electricity back into the power lines when the necessary equipment used to isolate the generator from the incoming power lines is not installed. This back feeding of electricity places you and energy line workers in extreme danger. The safest thing to do is connect the equipment you want to power directly to the outlets on the generator.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Install properly </strong></span></div> <div> When a generator is permanently connected to a member’s electric system, it energizes the building’s wiring. This type of installation requires a double-throw transfer switch that isolates the generator from energy’s system when the generator is in use.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Handle fuel carefully </strong></span></div> <div> Turn off the generator and let it cool down before refueling. Gasoline and its vapors can catch on fire if they come in contact with an electrical spark. Store fuel for the generator in an approved safety can. Use the type of fuel recommended in the instructions or on the label on the generator. Make sure you store fuel for the generator outdoors in a locked shed or other protected area. Do not store fuel in a garage, basement or anywhere inside a home, as vapors can be released that may cause illness and are a potential fire or explosion hazard.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Good ventilation is important </strong></span></div> <div> Generators produce carbon monoxide, a colorless, odorless, toxic gas that can result in serious injuries or even death if levels become too high. For this reason, the generator should never be operated inside your home, garage, office building or other enclosed space. It should always be located outside in a dry location.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Portable generators : </strong></span>Before starting your generator, carefully read and follow all of the manufacturer’s instructions. Portable generators are designed to be connected only to selected appliances or lamps. These generators never should be connected directly to a building’s wiring system. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Keep your generator original :</strong></span> Don’t make modifications to the fuel or exhaust system. Exhaust modifications can add stress to the original equipment exhaust system and cause breakage resulting in exhaust leaks. Adding larger auxiliary tanks to the system will create more pressure and result in a possible external fuel leak which may result in fires.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Remember these safety tips: </strong></span></div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Always store gasoline in approved containers only! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Never fuel an electric generator when the generator is running or hot! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Extinguish all flames or cigarettes when handling gasoline! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Always insure proper ventilation, and air flow around the generator. </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Always have a fully charged, approved fire extinguisher located near the generator! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Always properly disconnect from your utility service BEFORE starting your backup generator!</div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span> Always store fuel containers out of the reach of children. </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>When using extension cords, always check for exposed wires and frayed shielding, replace if damaged! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>NEVER remove or tamper with safety devices. They are there to protect you and your property!</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'Consider using the generator for necessities only, like lighting and refrigeration. These items can be plugged directly into the generator using a UL-listed, three pronged extension cord of the proper size with the generator', 'sortorder' => '2373', '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' => '2530', 'article_category_id' => '99', 'title' => 'International Tourism Exceeds Expectations With Arrivals Above 1 Billion In 2013', 'sub_title' => '', 'summary' => null, 'content' => '<div> International tourist arrivals grew by 5 per cent in 2013, reaching a record 1,087 million arrivals, according to the latest UNWTO World Tourism Barometer. Despite global economic challenges, international tourism results were well above expectations, with an additional 52 million international tourists travelling the world in 2013. For 2014, UNWTO forecasts 4 to 4.5 per cent growth again, above the long term projections.</div> <div> </div> <div> Demand for international tourism was strongest for destinations in Asia and the Pacific (+6%), Africa (+6%) and Europe (+5%). The leading sub-regions were South-East Asia (+10%), Central and Eastern Europe (+7%), Southern and Mediterranean Europe (+6%) and North Africa (+6%).</div> <div> </div> <div> “2013 was an excellent year for international tourism. The tourism sector has shown a remarkable capacity to adjust to the changing market conditions, fuelling growth and job creation around the world, despite the lingering economic and geopolitical challenges.” said UNWTO Secretary-General Taleb Rifai</div> <div> </div> <div> UNWTO forecasts international arrivals to increase by 4 to 4.5% in 2014, again above its long-term forecast of +3.8% per year between 2010 and 2020. The UNWTO Confidence Index, based on the feedback from over 300 experts worldwide, confirms this outlook with prospects for 2014 higher than in previous years. 2014 regional prospects are strongest for Asia and the Pacific (+5% to +6%) and Africa (+4% to +6%), followed by Europe and the Americas (both +3% to +4%). In the Middle East (0% to +5%) prospects are positive yet volatile.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Russia and China – Leading in Growth in 2013</strong></span></div> <div> Among the ten most important source markets in the world, Russia and China clearly stand out. China, which became the largest outbound market in 2012 with an expenditure of US$ 102 billion, saw an increase in expenditure of 28% in the first three quarters of 2013. The Russian Federation, the 5th largest outbound market, reported 26% growth through September.</div> <div> Other emerging markets with substantial growth in outbound expenditure were Turkey (+24%), Qatar (+18%), Philippines (+18%), Kuwait (+15%), Indonesia (+15%), Ukraine (+15%) and Brazil (+14%).</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'International tourist arrivals grew by 5 per cent in 2013, reaching a record 1,087 million arrivals, according to the latest UNWTO World Tourism Barometer. Despite global economic challenges, international tourism results were well above expectations, with an additional 52 million international tourists travelling the world in 2013. For 2014, UNWTO forecasts 4 to 4.5 per cent growth again, above the long term projections.', 'sortorder' => '2372', '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' => '2525', 'article_category_id' => '113', 'title' => 'US Dollar Exchange Rate At Local Market (20 - 26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => '2371', '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' => '2470', 'article_category_id' => '109', 'title' => 'Nepse’s Opens Weekly Trading With Marginal Increase', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By TC Correspondent</strong></div> <div> </div> <div> Nepal Stock Exchange Limited (Nepse) Index started with a marginal gain of 0.12 points on Sunday. The benchmark index of the country’s capital market, which closed at 794.64 points on the last trading day of previous week edged up 0.02 per cent to settle at 794.76 points on Sunday. Intra-day volatility was seen on the first day with the index rising up to 796 points and then coming down to 792 points before the closing. Market analysts say that Sunday’s sluggish performance of Nepse was due to the thin trading. According to them, bargain hunters demanded lower prices for the stocks. They said that sellers were mostly seen unconvinced to give away the stocks in low prices that they bought recently in higher price levels. </div> <div> </div> <div> On Sunday a total of 1,740,135 units of share of 99 companies were traded throughout 1984 transactions. The turnover was recorded at Rs. 732.82 million. Meanwhile, the total market capitalization for the day was registered at Rs 807.84 billion. </div> <div> </div> <div> On Sunday, Sensitive index representing class ‘A’ listed companies in the secondary market, loss 0.15 points to close at 176.51. Hydropower sub-index was the highest gainer (4.87 points) followed by Banking (2.29 points), Finance (1.63 points) and Development Bank (1.44 points). Sub-index of insurance companies was the biggest loser for the day (-12.46 points). Similarly, the sub-indices of ‘Others’ and Hotels fell 5.87 points and 0.36 points respectively.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Nepse went up 12 Points Last Week</strong></span></div> <div> Nepse index went up 12 points to settle at 794.64 points last week. The index continued its rally throughout last week as the easing of ‘Poush-Masanta effect’ helped the investors to manage more money for investments. Also, the clearance of income tax payments by many businesses and investors in second quarter brought respite to the market contributing the continuation of Nepse’s bull run. </div> <div> </div> <div> For the week, a total of 3.16 million units shares worth Rs 1.54 billion were traded in the stock market. Compared to the previous week, unit of shares traded declined 10.64 per cent whereas, the turnover increased by 4.09 per cent. Similarly, the number of transactions went down to 9,813 which was 11,776 in the previous week. Last week, number of transaction decreased by 16.76 per cent. </div> <div> </div> <div> Promoter shares of Nabil Bank climbed to the top spot in terms of turnover. Likewise, Nabil Balance Fund-1 remained in the number 1 spot in terms number of units being transacted for the week. Nepal Telecom maintained its top position in terms of market capitalization as earlier weeks. </div> <div> </div> <div> Nepse, which opened at 782.2 points on the first day of weekly trading (Sunday), settled its weekly trading at 794.64 points on (Thursday). Most of the sub-indices of the stock market saw increase in their share prices. Hotels sub-index was the biggest weekly gainer with 110.43 points. The Hydropower sub-index was the second biggest gainer (79.43 points) for the week followed by Insurance (66.46 points), Development Banks (18.59 points) and ‘Others’ (15.27 points). Similarly, the Banking sub-index gained 4.45 points and Finance rose by 2.48 points. Sub-index of the Trading also went up 1.85 points last week. Manufacturing and Processing, meanwhile, dipped 10.12 points. For the week, the Sensitive Index of class ‘A’ listed companies gained 2.39 points. </div> <div> </div> <div> Shares of 137 companies were transacted in the stock market last week. 82 companies observed gain in their share prices while, 34 companies saw decline. Share prices of 21 companies remained unchanged over the period.</div> <div> </div> <div> <img alt="" src="/userfiles/images/mm1%20(Copy).jpg" style="width: 550px; height: 336px; margin-left: 10px; margin-right: 10px;" /></div>', 'published' => true, 'created' => '2014-01-20', 'modified' => '2014-01-27', '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 with a marginal gain of 0.12 points on Sunday. The benchmark index of the country’s capital market, which closed at 794.64 points on the last trading day of previous week edged up 0.02 per cent to settle at 794.76 points on Sunday. Intra-day volatility was seen on the first day with the index rising up to 796 points and then coming down to 792 points before the closing. Market analysts say that Sunday’s sluggish performance of Nepse was due to the thin trading. According to them, bargain hunters demanded lower prices for the stocks. They said that sellers were mostly seen unconvinced to give away the stocks in low prices that they bought recently in higher price levels.', 'sortorder' => '2370', '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' => '2526', 'article_category_id' => '111', 'title' => 'Top Ten Gainers (20 - 26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => '2369', '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' => '2527', 'article_category_id' => '110', 'title' => 'Top Ten Losers (20 -26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => '2368', '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' => '2522', 'article_category_id' => '109', 'title' => 'Nepse’s Technical Analysis (20 -26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <span style="font-size:14px;"><strong>Moving Averages (50 & 200-day) </strong></span></div> <div> The diverging 50-day and 200-day MA still confirms the current bull trend which began in March 29, 2012. At present, there have not been any major reversal trends in the moving averages that indicate that the market may be heading in the opposite direction. The nearest support level of Nepse stands at 753.17 points while the next resistance level stands at 806.82 points. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Relative Strength Index (RSI)</strong></span></div> <div> RSI as a leading indicator RSI is believed to be most effective during periods of sideways movement. In the present context, RSI has been on an overall declining trend suggesting decreasing buying pressure in the market. During the last trading day of the previous week, the RSI closed at 64.11 and has been maintaining within the neutral zone. This suggests that the current market is neither highly over-bought nor over-sold. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Moving Average Convergence-Divergence (MACD)</strong></span></div> <div> Similar to the RSI, the MACD indicator has also been trending lower, however, at a greater momentum. Currently, the MACD chart is showing a form of divergence in Nepse. Since the first week of January, Nepse has been trending upwards while the MACD line has been accelerating in the downward direction. Thus, this can be considered as a bearish sign for Nepse in the near term. </div> <div> </div> <div> <span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div> <div> OBV 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. Nepse reached 795.26 points on January 19, 2014 and then retraced lower. During the same timeframe, OBV also moved lower supporting the trend of Nepse. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Market Summary </strong></span></div> <div> <strong>(19 –23 January, 2014)</strong></div> <div> <strong>Close:</strong> 785.70</div> <div> <strong>High:</strong> 795.26</div> <div> <strong>Weekly Change :</strong> -8.94 (-1.13%) </div> <div> <strong>Daily Average Turnover:</strong> NPR 398.1 million</div> <div> <strong>Total Weekly Turnover:</strong> NPR 1990.48 Million</div> <div> <strong>Immediate Support :</strong> 753.17</div> <div> <strong>Immediate Resistance :</strong> 806.82</div> <div> <strong>RSI :</strong> 64.11</div> <div> <strong>MACD Line : </strong>18.98</div> <div> <strong>Signal Line :</strong> 22.89</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-02-09', '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 diverging 50-day and 200-day MA still confirms the current bull trend which began in March 29, 2012. At present, there have not been any major reversal trends in the moving averages that indicate that the market may be heading in the opposite direction. The nearest support level of Nepse stands at 753.17 points while the next resistance level stands at 806.82 points.', 'sortorder' => '2367', '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' => '2523', 'article_category_id' => '108', 'title' => 'Money Matters News In Brief (27 January - 02 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>NIBL Capital Markets Sign Agreement with Hydro Companies </strong></span></div> <div> <img alt="NIBL" src="/userfiles/images/nibl%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 200px; height: 29px;" />NIBL Capital Markets Limited has signed agreements on 23 January with two hydropower companies, United Modi Hydropower Private Limited and ApiPower Company Limited, to act as the issue manager and underwriter for their respective Initial Public Offering. United Modi Hydro Private Limited will be issuing 4,000,000 units of common stock, having total value of Rs 400 million at Rs 100 par value. Currently, United Modi is in the process of converting into a Public Limited Company. United Modi runs the 10MW Lower Modi-1 Hydropower Project in Parbat and is now constructing 10.5 MW Lower Modi-2 Hydropower Project as the second part of the cascade project. Api Power Company Limited will issue up to 2,046,240 units of common stock, having total value up to Rs 204,624,000 at Rs 100 par value. Api Power Company Limited has already started construction of the 8.5 MW Naugard Gad Project in Darchula.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Dahal Appointed Sanima’s CEO</strong></span></div> <div> <img alt="Bhuvan Kumar Dahal" src="/userfiles/images/dahal(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 82px; height: 100px;" />Bhuvan Kumar Dahal is appointed as the Chief Executive Officer (CEO) of Sanima Bank for four years. The Board Meeting of Sanima Bank held on 21st January, 2014 made the appointment. Dahal had been working at Sanima Bank as a Deputy Chief Executive Officer (DCEO) for the last seven months. Before joining Sanima Bank, Dahal worked at Nabil Bank for 22 years in various capacities. Last three positions he held in Nabil were Chief Operating Officer, Chief Investment Officer and Chief Financial Officer.</div> <div> </div> <div> </div> <div> <span style="font-size:14px;"><strong>EBL’s ATM in Pashupatinath Temple</strong></span></div> <div> <img alt="Everest Bank Limited (EBL)" src="/userfiles/images/ebl%20(Copy)(1).jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 105px;" />Everest Bank Limited (EBL) has installed its new ATM inside Pashupatinath Temple premises. The ATM was jointly inaugurated by Govind Tandon (Member Secretary-Pashupatinath Trust) and AK Ahluwalia (CEO-EBL). The inaugural function was also attended by dignitaries including officials of Pashupatinath Trust, Bank’s Employees and Brand Ambassador of EBL Sadichha Shrestha. At the same function, the Bank also distributed warm clothes to around 250 elderly people of Pashupatinath Old-age home.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Citizens Bank’s Brach in Siddharthanagar</strong></span></div> <div> <img alt=" Citizens Bank’s Brach in Siddharthanagar" src="/userfiles/images/ctzn%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 200px; height: 116px;" />Citizens Bank International Limited has opened its 37th branch in Siddharthanagar of Rupandehi. On the occasion, the Bank also distributed warm clothes to elderlies of an oldage home of Basanapur VDC of Rupandehi. Branch Manager Rajendra Thapa Chhetri informed that the branch will provide banking service of international standard to the people of Siddharthanagar and neighbouring areas. The Bank also informed that it will install an ATM in Bhairahawa within a week. The Bank has been offering irs services through 37 branches, 36 ATm counters and 46 branchless banking service. </div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'Everest Bank Limited (EBL) has installed its new ATM inside Pashupatinath Temple premises. The ATM was jointly inaugurated by Govind Tandon (Member Secretary-Pashupatinath Trust) and AK Ahluwalia (CEO-EBL). The inaugural function was also attended by dignitaries including officials of Pashupatinath Trust, Bank’s Employees and Brand Ambassador of EBL Sadichha Shrestha', 'sortorder' => '2366', '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' => '2518', 'article_category_id' => '155', 'title' => '“British College Is Offering A Well Reputed Degree From A Top University Of UK”', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:16px;"><img alt="Dipankar Sherpa" src="/userfiles/images/ht.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 225px; height: 268px;" />The British College, Thapathali, Kathmandu, provides world-class education in Nepal for students who aspires to gain internationally recognised qualifications. It offers an international university degree, the same as you would get if you were studying in the UK, but with the comfort and cost-effectiveness of remaining in Nepal. <strong>Dipankar Sherpa</strong>, Programme Leader at the college, talks about the degree and the College. <strong>Excerpts</strong>:</span></div> <div> </div> <div> <span style="font-size:14px;"><strong>How is The British College different from other colleges in Nepal?</strong></span></div> <div> The British College (TBC), as the name suggests, offers programmes affiliated to some of the top British universities. The college is a franchise programme of University of West of England (UWE). The UWE is a reputed European university and has been ranked 6th university in the continent in terms of graduate employment rates.</div> <div> </div> <div> It aims to provide British experience in terms of learning activities, course syllabus, teaching methodologies and infrastructures to Nepali students. Every activity of the college aims to provide British educational excellence to the students and thereby enable the college to stand apart from rest of the colleges in the country.</div> <div> </div> <div> <span style="font-size:14px;"><strong>What are the courses offered?</strong></span></div> <div> We offer British programme affiliated to two reputed UK universities: University of West of England (UWE) and Leads Metropolitan University (LMU). Apart from that, we offer Cambridge University affiliated A-level course and Professional Accounting Programme like ACCA. However, TBC’s core programmes are from UWE and LMU. TBC’s BBA and MSC International Management programme are affiliated to the UWE.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Are you planning to introduce other disciplines?</strong></span></div> <div> Yes, we will expand other disciplines in future. Meanwhile,we‘re trying to strengthen our existing disciplines, as it is our flagship programme.We have introduced a new course called MSC International Management in order to offer something new to Nepali market. International Management programme is especially tailored to suit the needs of multinational companies. Many of these are approaching us for human resources and through this course we want enable our students to qualify for being part of those companies in the future. Along with that, the course will enable students to work in international companies abroad, as the course provides insights into their working culture. </div> <div> </div> <div> Basically, we aim to provide best business and IT programmes to Nepali students. Nepali market is demanding good managers and entrepreneurs. We aim to produce those professionals and meet the demands.</div> <div> </div> <div> <span style="font-size:14px;"><strong>What is the benefit of getting an International Degree?</strong></span></div> <div> International degree is highly contemporary and they are updated frequently. Countries like The United Kingdom, The United States and Australia are education giants. They are the powerhouses in education sector. That alone ensures that you’re getting the latest learning technology and the best education in the world. </div> <div> </div> <div> Along with that, every University and educational institutions in the UK is monitored by QAA (Quality Assurance Agency). They have quality policies and codes outline that every college has to follow. UWE is also under surveillance of this QAA, which means our college is also following the codes they have outlined. This also ensures that we are providing quality education.</div> <div> </div> <div> <span style="font-size:14px;"><strong>What internship opportunities do students have at the college?</strong></span></div> <div> TBC has signed up Memorandum of Understanding (MoU) with some business giants of Nepal like the Chaudhary and the Khetan group for student internships. We are expanding our network with other corporate actors in the country. We want to ensure best internship and workplace opportunities for our students to ensure that they groom and grow well in their profession. </div> <div> </div> <div> <span style="font-size:14px;"><strong>What are the challenges of education sector in Nepal?</strong></span></div> <div> Nepalis education system is facing irrelevancy between books and real life work due to lack of practical skills. Along with that, we are also lagging far behind in the area of research. Research should be encouraged. In fact I’d say every college should have its own research centre. Students and teachers should be updated with latest trends in their respective field. </div> <div> </div> <div> We focus on providing professional skills to student that will enable them not only to adapt in theirprofessional sphere but will also be able to impress and overwhelm their employers.</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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 British College, Thapathali, Kathmandu, provides world-class education in Nepal for students who aspires to gain internationally recognised qualifications. It offers an international university degree, the same as you would get if you were studying in the UK, but with the comfort and cost-effectiveness of remaining in Nepal.', 'sortorder' => '2365', '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' => '2520', 'article_category_id' => '106', 'title' => 'Learning Curve News In Brief (27 January - 02 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>Mid Western University Set to Grant Affiliation to Science Colleges</strong></span></div> <div> Mid Western University is set to grant affiliation to science colleges operating in the Mid-Western Region as per the need with the completion of a year of its official operation. The second assembly of the University has decided to grant affiliation to the colleges offering Science and Technology education in different districts in the region. The affiliation will be granted on the basis of application submitted for the constituent college, said MU Registrar Thakendra Prakash Giri. However, it is not possible to grant affiliation to all colleges at once, Giri added. (RSS)</div> <div> </div> <div> <span style="font-size:14px;"><strong>Private Schools in Chitwan Shut down Indefinitely</strong></span></div> <div> The Nepal Institutional Schools Teachers’ Union (Nepal ISTU), Chitwan has called for a closure of all the private schools in Chitwan with effect from Thursday. The decision to close down the schools was made after the agreement reached with the Private and Boarding Schools Association of Nepal (PABSON) to increase teachers’ salary was not implemented, said ISTU Chitwan Chair Bishnu Bahadur Bhujel. According to Bhujel, an agreement was reached with the involvement of the District Education Office to increase teachers’ salary by 18 per cent and provide a dearness allowance of Rs. 1,000 per month. The closure of more than 150 schools will affect some 8,000 students in Chitwan. “Unless our demands are met the schools will not open at any cost”, warns Bhujel. (RSS)</div> <div> </div> <div> <span style="font-size:14px;"><strong>NMC Chairperson Resigned</strong></span></div> <div> Chairperson of Nepal Medical Council (NMC) Dr. Damodar Gajurel has resigned citing lack of proper environment to work at the regulatory body. He tendered the resignation to Health Minister Vidyadhar Mallik on Friday, 24th January. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Purbanchal University published results of various semesters</strong></span></div> <div> Purbanchal University, office of the examination Management, Biratnagar has published the results of various semesters of Bachelor’s and Master’s programme on Saturday, 25th January. Results that have been published are of Masters in Hospitality and Hotel Management (MHHM)-II and IV semesters, Bachelor in Travel and Tourism Studies: I, III and V semesters, Masters in Development Studies (M.Dev.s): I and III semesters and B.V.Sc and AH-II and IV Semesters.</div> <div> </div> <div> <span style="font-size:14px;"><strong>UGC Employee Caught Red handed in a Bribery Case</strong></span></div> <div> According to a press release issued by Commission for Investigation of Abuse of Authority (CIAA), Bishnu Bahadur Khadka, senior Assistant of the University Grants Commission (UGC) was caught red-handed while taking bribe. CIAA on Friday apprehended Khadka while taking bribe of Rs 15,000 from Chief of Baglung-based Nisibhuji Janata Campus, Rishi Ram Sharma, for getting the budget of Rs 2.5 million released from the Ministry of Finance for the construction of the college building. </div> <div> </div> <div> <span style="font-size:14px;"><strong>MBBS Graduates from Foreign Universities on Agitation</strong></span></div> <div> The future of medical students graduated from abroad has become uncertain with the sheer ignorance on the part of the Nepal Medical Council. Hundreds of students, who pursued medical science abroad, are reeling under an uncertain future when the Council banned them to practice as an intern in Nepal. Though the Council imposed ban on internship issuing a notice in 2064 BS, medical students up to the batch of 2068 BS had completed their internship. The students after the 2068 batch have been deprived of doing internship in Nepal. However, the National Guidelines for Internship Training-2007 has specified a provision that medical students graduating from abroad could practice as an intern in Nepal giving prior information to the Council under special circumstances. (RSS)</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'Mid Western University is set to grant affiliation to science colleges operating in the Mid-Western Region as per the need with the completion of a year of its official operation. The second assembly of the University has decided to grant affiliation to the colleges offering Science and Technology education in different districts in the region.', 'sortorder' => '2364', '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' => '2442', 'article_category_id' => '48', 'title' => 'Corruption Proofness', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Madan Lamsal</strong></div> <div> </div> <div> Nepal is no doubt the land of uncountable miracles. The recently added one is that Nepal has substantially fallen down in corruption index. It is confirmed by none other than global corruption watch-dog, Transparency International (TI). It must be credible as we are constantly taught that whatever these global institutions influenced by the West say must be blindly trusted and followed. </div> <div> </div> <div> There are few occasions when falling is not only beautiful but desirable too, like falling in love and falling in corruption index. Therefore, Nepal is now enjoying the honeymoon of this miraculous fall from 139th position of the last year to 116th this year, out of 177 countries. The fall is miraculous for more than one reason. Nepal has constantly been branded as the country with a crisis in governance. For last couple of decades, our main industry has been to produce at least one prime minister each year. Sometimes, that too was very difficult like at present, and our last House was unable to produce even one prime minister in seventeen attempts. What it effectively says is: corruption can be reduced without governance. This is new theory, innovated in Nepal by TI.</div> <div> </div> <div> But there must be some reason for this impressive improvement in Nepal's corruption ranking. Facts in hand are -- we had the Maoist government on the year the index data was collected and non-political government of bureaucrats is in Singhadurbar forts when it is made public. A former bureaucrat with the most corrupt reputation was appointed as the chief of constitutional commission CIAA. Unquestionably, all these factors must have singly or jointly contributed to this fall.</div> <div> </div> <div> If so, there are one or two lessons for the most corrupt countries to take home from Nepal. First, political instability and Maoist government are the best panacea for controlling corruption. To begin, let Maoists of any country run a decade-long armed rebellion when the term bribery and grease-money dealing in petty sum disappears and every clandestine large endowment becomes 'voluntary donation to the revolution', even if the amount surrendered is at gun point. As the corruption index researchers pasturing on the surface hardly smell about these deals, consequently the index drops. The instability has direct anti-corruption effect. It is so simple. The instability helps to root-out all major business, production and service industries. Who pays the bribe? The private sector, i.e. the business people or industrialists. When they are gone, corruption is bound to reduce, substantially. So, if any country is committed to reduce corruption, make sure you have prolonged political instability. </div> <div> </div> <div> Second, political parties must stop forming the government of their own and they should install a fully bureaucratic government, hopefully headed by the incumbent chief justice of the supreme court of the country. This latter arrangement is crucial. When the government apparatus indulges in corruption, the road to judiciary to seek redressal is practically blocked, as the head of the government is also the head of the judiciary, simultaneously.</div> <div> </div> <div> Third, if the anti-corruption institutions like CIAA are filled by the most corrupt bureaucrats in history, they are sure to make history either way. They know how not to make it more felt even if there were rampant corrupt practices. Or, it might also be the case that they are done with money, with their infamous fathers’ statues erected at the middle of busy highways, offsprings off to foreign countries and a couple of bank accounts in safe havens. So, the amount of money to be bribed in a poor country suddenly starts to look too small relative to their pride. Then they might rather pose as ascetics than avarices. The situation really contributes to reduce the corruption and helps country to ride on the freedom-from-corruption ladder, very soon.</div> <div> </div> <div> Finally, with this astounding success, Nepal can think of setting up a training institute for those countries to run course on 'how to make a country corruption-proof and improve in the (anti?) corruption index!' This has business rationale too!</div>', 'published' => true, 'created' => '2014-01-10', 'modified' => '2014-01-27', 'keywords' => 'new business age no laughing matter news & articles, no laughing matter news & articles from new business age nepal, no laughing matter headlines from nepal, current and latest no laughing matter news from nepal, economic news from nepal, nepali no laughing matter economic news and events, ongoing', 'description' => 'Nepal is no doubt the land of uncountable miracles. The recently added one is that Nepal has substantially fallen down in corruption index. It is confirmed by none other than global corruption watch-dog, Transparency International (TI). It must be credible as we are constantly taught that whatever these global institutions influenced by the West say must be blindly trusted and followed.', 'sortorder' => '2363', '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' => '2508', 'article_category_id' => '139', 'title' => 'Nepal And The World News In Brief (27 January - 02 February)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>Draghi: Eurozone Pick-UP ‘Dramatic’</strong></span></div> <div> <img alt="Mario Draghi" src="/userfiles/images/nw3%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 71px;" />The head of the European Central Bank, Mario Draghi, says there has been a “dramatic improvement” in the eurozone recovery over the past two years. Speaking at a forum in Davos on Saturday he said: “Risks have decreased across the board both for core eurozone countries and the periphery”. </div> <div> </div> <div> </div> <div> <span style="font-size:14px;"><strong>Argentina Eases Currency Control</strong></span></div> <div> <img alt="Argentina Eases Currency Control" src="/userfiles/images/nw4%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 79px;" />Argentina is to relax its strict foreign exchange controls, a day after the peso suffered its steepest daily decline in 12 years. On Thursday, the peso fell 11% against the dollar, its steepest fall since the country’s 2002 financial crisis. Cabinet Chief Jorge Capitanich said the country would reduce the tax rate on dollar purchases and allow the purchase of dollars for savings accounts. </div> <div> </div> <div> <span style="font-size:14px;"><strong>IMF warns of deflation risk</strong></span></div> <div> The International Monetary Fund is warning that dangerously low inflation could put the global economic recovery at risk in 2014. “Risks to activity associated with very low inflation in advanced economies, especially the euro area, have come to the fore,” the IMF said in an update to its World Economic Outlook. </div> <div> </div> <div> <span style="font-size:14px;"><strong>BOJ to Maintain Aggressive Monetary Easing</strong></span></div> <div> The Bank of Japan said on Wednesday it had decided to maintain its aggressive monetary easing to stimulate the country’s economy and combat chronic deflation. The bank also kept unchanged its overall economic assessment, saying “Japan’s economy has continued to recover moderately, and a front-loaded increase in demand prior to the consumption tax hike has recently been observed,” the bank said after a two-day monetary policy meeting.</div> <div> </div> <div> <span style="font-size:14px;"><strong>China also Exports Pollution to Western US, Study Finds</strong></span></div> <div> <img alt="China also Exports Pollution to Western US, Study Finds" src="/userfiles/images/nw5%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Filthy emissions from China’s export industries are carried across the Pacific Ocean and contribute to air pollution in the western United States, according to a paper published by a prominent US science journal. The research is the first to quantify how air pollution in the United States is affected by China’s production of goods for export and by global consumer demand for those goods, the study’s authors say. </div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'Argentina is to relax its strict foreign exchange controls, a day after the peso suffered its steepest daily decline in 12 years. On Thursday, the peso fell 11% against the dollar, its steepest fall since the country’s 2002 financial crisis. Cabinet Chief Jorge Capitanich said the country would reduce the tax rate on dollar purchases and allow the purchase of dollars for savings accounts.', 'sortorder' => '2362', '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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Operated with a wide-body Airbus A330 aircraft compromising 18 Premiere and 236 Economy seats, flight 9W124 will depart Mumbai at 1200 and arrive in Paris Charles de Gaulle airport at 1750. On the return leg, flight 9W123 will depart Paris at 2110 and touch Mumbai at 0945 the following day. To mark the launch of this service, Jet Airways has announced a special return economy introductory fare of US$736 (INR 45,291) including taxes, and return Premiere introductory fare of US$ 2,478 (INR1,53,315). These fares are available since 14 January 2014 with purchases completed on or before 10 February 2014. In addition, JetPrivilege members can earn double miles on flights booked between 14 May and 13 June, 2014. (Traveldailymedia.com)</div> <div> </div> <div> <span style="font-size:14px;"><strong>China Arrivals Fall Again In 2013</strong></span></div> <div> <img alt="International visitor arrivals to China" src="/userfiles/images/tt3%20(Copy)(3).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 125px; height: 82px;" />International visitor arrivals to China declined in 2013. According to the latest data from China’s National Administration of Tourism (CNTA), the country received 55.69 million overnight visitors last year – 3.5% lower than 2012. Including day visitors, the total was 129m arrivals – 2.5% fewer than the previous year. This follows a 1.5% decline in total tourist arrivals experienced in 2012. A CNTA official, quoted by the China Daily, attributed the downturn to “the weak global economy and the increasing cost of travel in China”. The continued tensions with Japan – one of China’s biggest visitor source markets – are also believed to be having an impact on the inbound figures. China’s domestic tourism industry however, remains buoyant. The country registered 3.26 billion visits in 2012, up 10.3% year-on-year. Outbound tourist numbers surged 18% to 98.19m, making China the world’s biggest tourism source market. (Traveldailymedia.com)</div> <div> </div> <div> <span style="font-size:14px;"><strong>US Sends Travel Alert for Americans Travelling To Sochi </strong></span></div> <div> <img alt="US Sends Travel Alert for Americans Travelling To Sochi " src="/userfiles/images/tt4%20(Copy)(3).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 125px; height: 68px;" />Americans are being asked to exert caution by the U.S. State Department as they head to Sochi for the winter Olympics after it has been learnt that a “black widow” suicide-bomb plotter is being hunted for by the Russian Government. Russia has been a target for many terrorist attacks. Between October 15 and December 30, 2013, there were three suicide bombings targeting public transportation in the city of Volgograd (600 miles from Sochi), two of which occurred within the same 24-hour period. In early January 2014, media reports emerged about the possible presence of so-called “black widow” suicide bombers in Sochi. These reports have not been corroborated, and the U.S. government continues to seek further information. (Travelandtourworld.com)</div> <div> </div> <div> <span style="font-size:14px;"><strong>Tripadvisor Announces World’s Best Accommodations</strong></span></div> <div> <img alt="World’s Best Accommodations" src="/userfiles/images/tt5%20(Copy)(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 125px; height: 84px;" />TripAdvisor has announced the winners of its 2014 Travelers’ Choice awards for hotels. In the 12th year of the awards, the world’s most outstanding properties were identified in the categories of Top Hotels, Bargain, B&Bs and Inns, Family, Luxury, Romance, and Small Hotels. Travelers’ Choice award winners were determined based on the reviews and opinions of millions of TripAdvisor travelers around the globe. </div> <div> </div> <div> <strong>Top 10 Hotels in the World:</strong></div> <div> 1. <span class="Apple-tab-span" style="white-space:pre"> </span>Grand Hotel Kronenhof, Pontresina, Switzerland </div> <div> 2. <span class="Apple-tab-span" style="white-space:pre"> </span>The Upper House, Hong Kong, China</div> <div> 3. <span class="Apple-tab-span" style="white-space:pre"> </span>Gili Lankanfushi Maldives, Lankanfushi, Maldives </div> <div> 4. <span class="Apple-tab-span" style="white-space:pre"> </span>Nayara Hotel, Spa & Gardens, La Fortuna de San Carlos, Costa Rica</div> <div> 5. <span class="Apple-tab-span" style="white-space:pre"> </span>The Oberoi Udaivilas, Udaipur, India</div> <div> 6. <span class="Apple-tab-span" style="white-space:pre"> </span>Casa Gangotena, Quito, Ecuador </div> <div> 7. <span class="Apple-tab-span" style="white-space:pre"> </span>Lindos Blu, Lindos, Greece </div> <div> 8. <span class="Apple-tab-span" style="white-space:pre"> </span>The St. Regis Punta Mita Resort, Punta de Mita, Mexico</div> <div> 9. <span class="Apple-tab-span" style="white-space:pre"> </span>The Oberoi, Mumbai, Mumbai, India </div> <div> 10. <span class="Apple-tab-span" style="white-space:pre"> </span>Trump International Hotel & Tower Toronto, Toronto, Canada</div> <div style="text-align: right;"> <em>(Traveldailynews.com)</em></div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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 flight will be operated with effect from 14 May 2014, subject to regulatory approvals. Operated with a wide-body Airbus A330 aircraft compromising 18 Premiere and 236 Economy seats, flight 9W124 will depart Mumbai at 1200 and arrive in Paris Charles de Gaulle airport at 1750. On the return leg, flight 9W123 will depart Paris at 2110 and touch Mumbai at 0945 the following day.', 'sortorder' => '2376', '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' => '2532', 'article_category_id' => '157', 'title' => 'Wrapping The World Around', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Sujan Tiwari</strong></div> <div> </div> <div> Hotel Soaltee Crowne Plaza has come up with its first food promotion of 2014. The Garden Terrace restaurant of the Hotel has started the promotion of Wraps and Rolls from 21st January which will last till the end of this month. “We have numerous food promotions lined up for 2014. This is our first promotion for the year, and it has been very successful so far,” said Rena Sharma, Marketing and Public Relations Manager of the Hotel. </div> <div> </div> <div> According to Yuba Raj Pokhrel, Executive Sous Chef at Soaltee, wraps and rolls are served the world around and are extremely popular. “Almost every cuisine has wraps of some sort. Our team has carefully selected the best wraps and rolls from all the cuisines possible,” said Pokhrel. The wraps served at Garden terrace make up for a delicious quick meal that is also very filling. The wraps and rolls on the promotional menu are derived from popular cuisines like Italian, Indian, American and English among others. According to Pokhrel, all the ingredients required are imported to maintain the authentic taste of the respective cuisine. </div> <div> </div> <div> Oriental wraps are dominant in the menu, with Thai, Vietnamese and Indian taste. The creative part about the menu is that all the wraps and rolls are served with some accompaniments complimenting the cuisine. Thai Rice Paper Summer Roll is one of the interesting roll. It is prepared by rolling marinated chicken and glass noodles in rice paper, and is served with sweet chilli sauce, dry fish, egg salad and tomyom broth for authentic Thai taste. For an Indian touch, you can try Nawabi Kathi Rolls. It comes with reshmi chicken kebab and tikka rolled in a thin paratha. It is accompanied by sweet mango, mint chutney and papdi chat. </div> <div> </div> <div> It’s hard to pick a winner among the rolls, but if you listen to Pokhrel, Levorno Pisa Ham and Cheese Roll has to be the star roll. It is made by rolling ham slices, cheese and pesto marinated lettuce in tortilla, and is served with gorgonzola dip chips and fired potato wedges. Some of the other varieties include Jamaican Blackened Pork Steak Soft Taco, California Tuna Wrap, Royal Birmingham Wrap and Canadian Paprika Chicken Wrap among many others. </div> <div> </div> <div> There are a few desserts which play along with the entire ‘wrap’ theme. French crepes stuffed with chocolate, compote and fruit glaze comes along with condensed milk savoury. Thai banana pancake served with crunchy fried bananas and dates is another sweet option. </div> <div> </div> <div> All the wraps are served in generous portions and is enough to fill a hungry belly. Garden Terrace is the place to be all this month if you want to wrap yourself in tastes from around the world. </div>', 'published' => true, 'created' => '2014-01-27', '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' => 'Hotel Soaltee Crowne Plaza has come up with its first food promotion of 2014. The Garden Terrace restaurant of the Hotel has started the promotion of Wraps and Rolls from 21st January which will last till the end of this month. “We have numerous food promotions lined up for 2014. This is our first promotion for the year, and it has been very successful so far,” said Rena Sharma, Marketing and Public Relations Manager of the Hotel.', 'sortorder' => '2375', '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' => '2524', 'article_category_id' => '112', 'title' => 'Weekly Gold And Silver Price ( 20 - 26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => '2374', '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' => '2529', 'article_category_id' => '152', 'title' => 'Focus Briefs (27 January - 02 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:18px;"><strong>Useful Information about Generators</strong></span></div> <div> </div> <div> <span style="font-size:16px;"><strong>Using a generator</strong></span></div> <div> Consider using the generator for necessities only, like lighting and refrigeration. These items can be plugged directly into the generator using a UL-listed, three pronged extension cord of the proper size with the generator.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Using safely</strong></span></div> <div> Never plug a generator directly into any electric outlets or hook up a generator directly to your home’s wiring. Generators can feed electricity back into the power lines when the necessary equipment used to isolate the generator from the incoming power lines is not installed. This back feeding of electricity places you and energy line workers in extreme danger. The safest thing to do is connect the equipment you want to power directly to the outlets on the generator.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Install properly </strong></span></div> <div> When a generator is permanently connected to a member’s electric system, it energizes the building’s wiring. This type of installation requires a double-throw transfer switch that isolates the generator from energy’s system when the generator is in use.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Handle fuel carefully </strong></span></div> <div> Turn off the generator and let it cool down before refueling. Gasoline and its vapors can catch on fire if they come in contact with an electrical spark. Store fuel for the generator in an approved safety can. Use the type of fuel recommended in the instructions or on the label on the generator. Make sure you store fuel for the generator outdoors in a locked shed or other protected area. Do not store fuel in a garage, basement or anywhere inside a home, as vapors can be released that may cause illness and are a potential fire or explosion hazard.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Good ventilation is important </strong></span></div> <div> Generators produce carbon monoxide, a colorless, odorless, toxic gas that can result in serious injuries or even death if levels become too high. For this reason, the generator should never be operated inside your home, garage, office building or other enclosed space. It should always be located outside in a dry location.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Portable generators : </strong></span>Before starting your generator, carefully read and follow all of the manufacturer’s instructions. Portable generators are designed to be connected only to selected appliances or lamps. These generators never should be connected directly to a building’s wiring system. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Keep your generator original :</strong></span> Don’t make modifications to the fuel or exhaust system. Exhaust modifications can add stress to the original equipment exhaust system and cause breakage resulting in exhaust leaks. Adding larger auxiliary tanks to the system will create more pressure and result in a possible external fuel leak which may result in fires.</div> <div> </div> <div> <span style="font-size:16px;"><strong>Remember these safety tips: </strong></span></div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Always store gasoline in approved containers only! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Never fuel an electric generator when the generator is running or hot! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Extinguish all flames or cigarettes when handling gasoline! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Always insure proper ventilation, and air flow around the generator. </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Always have a fully charged, approved fire extinguisher located near the generator! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>Always properly disconnect from your utility service BEFORE starting your backup generator!</div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span> Always store fuel containers out of the reach of children. </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>When using extension cords, always check for exposed wires and frayed shielding, replace if damaged! </div> <div> •<span class="Apple-tab-span" style="white-space:pre"> </span>NEVER remove or tamper with safety devices. They are there to protect you and your property!</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'Consider using the generator for necessities only, like lighting and refrigeration. These items can be plugged directly into the generator using a UL-listed, three pronged extension cord of the proper size with the generator', 'sortorder' => '2373', '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' => '2530', 'article_category_id' => '99', 'title' => 'International Tourism Exceeds Expectations With Arrivals Above 1 Billion In 2013', 'sub_title' => '', 'summary' => null, 'content' => '<div> International tourist arrivals grew by 5 per cent in 2013, reaching a record 1,087 million arrivals, according to the latest UNWTO World Tourism Barometer. Despite global economic challenges, international tourism results were well above expectations, with an additional 52 million international tourists travelling the world in 2013. For 2014, UNWTO forecasts 4 to 4.5 per cent growth again, above the long term projections.</div> <div> </div> <div> Demand for international tourism was strongest for destinations in Asia and the Pacific (+6%), Africa (+6%) and Europe (+5%). The leading sub-regions were South-East Asia (+10%), Central and Eastern Europe (+7%), Southern and Mediterranean Europe (+6%) and North Africa (+6%).</div> <div> </div> <div> “2013 was an excellent year for international tourism. The tourism sector has shown a remarkable capacity to adjust to the changing market conditions, fuelling growth and job creation around the world, despite the lingering economic and geopolitical challenges.” said UNWTO Secretary-General Taleb Rifai</div> <div> </div> <div> UNWTO forecasts international arrivals to increase by 4 to 4.5% in 2014, again above its long-term forecast of +3.8% per year between 2010 and 2020. The UNWTO Confidence Index, based on the feedback from over 300 experts worldwide, confirms this outlook with prospects for 2014 higher than in previous years. 2014 regional prospects are strongest for Asia and the Pacific (+5% to +6%) and Africa (+4% to +6%), followed by Europe and the Americas (both +3% to +4%). In the Middle East (0% to +5%) prospects are positive yet volatile.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Russia and China – Leading in Growth in 2013</strong></span></div> <div> Among the ten most important source markets in the world, Russia and China clearly stand out. China, which became the largest outbound market in 2012 with an expenditure of US$ 102 billion, saw an increase in expenditure of 28% in the first three quarters of 2013. The Russian Federation, the 5th largest outbound market, reported 26% growth through September.</div> <div> Other emerging markets with substantial growth in outbound expenditure were Turkey (+24%), Qatar (+18%), Philippines (+18%), Kuwait (+15%), Indonesia (+15%), Ukraine (+15%) and Brazil (+14%).</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'International tourist arrivals grew by 5 per cent in 2013, reaching a record 1,087 million arrivals, according to the latest UNWTO World Tourism Barometer. Despite global economic challenges, international tourism results were well above expectations, with an additional 52 million international tourists travelling the world in 2013. For 2014, UNWTO forecasts 4 to 4.5 per cent growth again, above the long term projections.', 'sortorder' => '2372', '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' => '2525', 'article_category_id' => '113', 'title' => 'US Dollar Exchange Rate At Local Market (20 - 26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => '2371', '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' => '2470', 'article_category_id' => '109', 'title' => 'Nepse’s Opens Weekly Trading With Marginal Increase', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By TC Correspondent</strong></div> <div> </div> <div> Nepal Stock Exchange Limited (Nepse) Index started with a marginal gain of 0.12 points on Sunday. The benchmark index of the country’s capital market, which closed at 794.64 points on the last trading day of previous week edged up 0.02 per cent to settle at 794.76 points on Sunday. Intra-day volatility was seen on the first day with the index rising up to 796 points and then coming down to 792 points before the closing. Market analysts say that Sunday’s sluggish performance of Nepse was due to the thin trading. According to them, bargain hunters demanded lower prices for the stocks. They said that sellers were mostly seen unconvinced to give away the stocks in low prices that they bought recently in higher price levels. </div> <div> </div> <div> On Sunday a total of 1,740,135 units of share of 99 companies were traded throughout 1984 transactions. The turnover was recorded at Rs. 732.82 million. Meanwhile, the total market capitalization for the day was registered at Rs 807.84 billion. </div> <div> </div> <div> On Sunday, Sensitive index representing class ‘A’ listed companies in the secondary market, loss 0.15 points to close at 176.51. Hydropower sub-index was the highest gainer (4.87 points) followed by Banking (2.29 points), Finance (1.63 points) and Development Bank (1.44 points). Sub-index of insurance companies was the biggest loser for the day (-12.46 points). Similarly, the sub-indices of ‘Others’ and Hotels fell 5.87 points and 0.36 points respectively.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Nepse went up 12 Points Last Week</strong></span></div> <div> Nepse index went up 12 points to settle at 794.64 points last week. The index continued its rally throughout last week as the easing of ‘Poush-Masanta effect’ helped the investors to manage more money for investments. Also, the clearance of income tax payments by many businesses and investors in second quarter brought respite to the market contributing the continuation of Nepse’s bull run. </div> <div> </div> <div> For the week, a total of 3.16 million units shares worth Rs 1.54 billion were traded in the stock market. Compared to the previous week, unit of shares traded declined 10.64 per cent whereas, the turnover increased by 4.09 per cent. Similarly, the number of transactions went down to 9,813 which was 11,776 in the previous week. Last week, number of transaction decreased by 16.76 per cent. </div> <div> </div> <div> Promoter shares of Nabil Bank climbed to the top spot in terms of turnover. Likewise, Nabil Balance Fund-1 remained in the number 1 spot in terms number of units being transacted for the week. Nepal Telecom maintained its top position in terms of market capitalization as earlier weeks. </div> <div> </div> <div> Nepse, which opened at 782.2 points on the first day of weekly trading (Sunday), settled its weekly trading at 794.64 points on (Thursday). Most of the sub-indices of the stock market saw increase in their share prices. Hotels sub-index was the biggest weekly gainer with 110.43 points. The Hydropower sub-index was the second biggest gainer (79.43 points) for the week followed by Insurance (66.46 points), Development Banks (18.59 points) and ‘Others’ (15.27 points). Similarly, the Banking sub-index gained 4.45 points and Finance rose by 2.48 points. Sub-index of the Trading also went up 1.85 points last week. Manufacturing and Processing, meanwhile, dipped 10.12 points. For the week, the Sensitive Index of class ‘A’ listed companies gained 2.39 points. </div> <div> </div> <div> Shares of 137 companies were transacted in the stock market last week. 82 companies observed gain in their share prices while, 34 companies saw decline. Share prices of 21 companies remained unchanged over the period.</div> <div> </div> <div> <img alt="" src="/userfiles/images/mm1%20(Copy).jpg" style="width: 550px; height: 336px; margin-left: 10px; margin-right: 10px;" /></div>', 'published' => true, 'created' => '2014-01-20', 'modified' => '2014-01-27', '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 with a marginal gain of 0.12 points on Sunday. The benchmark index of the country’s capital market, which closed at 794.64 points on the last trading day of previous week edged up 0.02 per cent to settle at 794.76 points on Sunday. Intra-day volatility was seen on the first day with the index rising up to 796 points and then coming down to 792 points before the closing. Market analysts say that Sunday’s sluggish performance of Nepse was due to the thin trading. According to them, bargain hunters demanded lower prices for the stocks. They said that sellers were mostly seen unconvinced to give away the stocks in low prices that they bought recently in higher price levels.', 'sortorder' => '2370', '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' => '2526', 'article_category_id' => '111', 'title' => 'Top Ten Gainers (20 - 26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => '2369', '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' => '2527', 'article_category_id' => '110', 'title' => 'Top Ten Losers (20 -26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => '2368', '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' => '2522', 'article_category_id' => '109', 'title' => 'Nepse’s Technical Analysis (20 -26 January 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <span style="font-size:14px;"><strong>Moving Averages (50 & 200-day) </strong></span></div> <div> The diverging 50-day and 200-day MA still confirms the current bull trend which began in March 29, 2012. At present, there have not been any major reversal trends in the moving averages that indicate that the market may be heading in the opposite direction. The nearest support level of Nepse stands at 753.17 points while the next resistance level stands at 806.82 points. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Relative Strength Index (RSI)</strong></span></div> <div> RSI as a leading indicator RSI is believed to be most effective during periods of sideways movement. In the present context, RSI has been on an overall declining trend suggesting decreasing buying pressure in the market. During the last trading day of the previous week, the RSI closed at 64.11 and has been maintaining within the neutral zone. This suggests that the current market is neither highly over-bought nor over-sold. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Moving Average Convergence-Divergence (MACD)</strong></span></div> <div> Similar to the RSI, the MACD indicator has also been trending lower, however, at a greater momentum. Currently, the MACD chart is showing a form of divergence in Nepse. Since the first week of January, Nepse has been trending upwards while the MACD line has been accelerating in the downward direction. Thus, this can be considered as a bearish sign for Nepse in the near term. </div> <div> </div> <div> <span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div> <div> OBV 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. Nepse reached 795.26 points on January 19, 2014 and then retraced lower. During the same timeframe, OBV also moved lower supporting the trend of Nepse. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Market Summary </strong></span></div> <div> <strong>(19 –23 January, 2014)</strong></div> <div> <strong>Close:</strong> 785.70</div> <div> <strong>High:</strong> 795.26</div> <div> <strong>Weekly Change :</strong> -8.94 (-1.13%) </div> <div> <strong>Daily Average Turnover:</strong> NPR 398.1 million</div> <div> <strong>Total Weekly Turnover:</strong> NPR 1990.48 Million</div> <div> <strong>Immediate Support :</strong> 753.17</div> <div> <strong>Immediate Resistance :</strong> 806.82</div> <div> <strong>RSI :</strong> 64.11</div> <div> <strong>MACD Line : </strong>18.98</div> <div> <strong>Signal Line :</strong> 22.89</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-02-09', '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 diverging 50-day and 200-day MA still confirms the current bull trend which began in March 29, 2012. At present, there have not been any major reversal trends in the moving averages that indicate that the market may be heading in the opposite direction. The nearest support level of Nepse stands at 753.17 points while the next resistance level stands at 806.82 points.', 'sortorder' => '2367', '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' => '2523', 'article_category_id' => '108', 'title' => 'Money Matters News In Brief (27 January - 02 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>NIBL Capital Markets Sign Agreement with Hydro Companies </strong></span></div> <div> <img alt="NIBL" src="/userfiles/images/nibl%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 200px; height: 29px;" />NIBL Capital Markets Limited has signed agreements on 23 January with two hydropower companies, United Modi Hydropower Private Limited and ApiPower Company Limited, to act as the issue manager and underwriter for their respective Initial Public Offering. United Modi Hydro Private Limited will be issuing 4,000,000 units of common stock, having total value of Rs 400 million at Rs 100 par value. Currently, United Modi is in the process of converting into a Public Limited Company. United Modi runs the 10MW Lower Modi-1 Hydropower Project in Parbat and is now constructing 10.5 MW Lower Modi-2 Hydropower Project as the second part of the cascade project. Api Power Company Limited will issue up to 2,046,240 units of common stock, having total value up to Rs 204,624,000 at Rs 100 par value. Api Power Company Limited has already started construction of the 8.5 MW Naugard Gad Project in Darchula.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Dahal Appointed Sanima’s CEO</strong></span></div> <div> <img alt="Bhuvan Kumar Dahal" src="/userfiles/images/dahal(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 82px; height: 100px;" />Bhuvan Kumar Dahal is appointed as the Chief Executive Officer (CEO) of Sanima Bank for four years. The Board Meeting of Sanima Bank held on 21st January, 2014 made the appointment. Dahal had been working at Sanima Bank as a Deputy Chief Executive Officer (DCEO) for the last seven months. Before joining Sanima Bank, Dahal worked at Nabil Bank for 22 years in various capacities. Last three positions he held in Nabil were Chief Operating Officer, Chief Investment Officer and Chief Financial Officer.</div> <div> </div> <div> </div> <div> <span style="font-size:14px;"><strong>EBL’s ATM in Pashupatinath Temple</strong></span></div> <div> <img alt="Everest Bank Limited (EBL)" src="/userfiles/images/ebl%20(Copy)(1).jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 105px;" />Everest Bank Limited (EBL) has installed its new ATM inside Pashupatinath Temple premises. The ATM was jointly inaugurated by Govind Tandon (Member Secretary-Pashupatinath Trust) and AK Ahluwalia (CEO-EBL). The inaugural function was also attended by dignitaries including officials of Pashupatinath Trust, Bank’s Employees and Brand Ambassador of EBL Sadichha Shrestha. At the same function, the Bank also distributed warm clothes to around 250 elderly people of Pashupatinath Old-age home.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Citizens Bank’s Brach in Siddharthanagar</strong></span></div> <div> <img alt=" Citizens Bank’s Brach in Siddharthanagar" src="/userfiles/images/ctzn%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 200px; height: 116px;" />Citizens Bank International Limited has opened its 37th branch in Siddharthanagar of Rupandehi. On the occasion, the Bank also distributed warm clothes to elderlies of an oldage home of Basanapur VDC of Rupandehi. Branch Manager Rajendra Thapa Chhetri informed that the branch will provide banking service of international standard to the people of Siddharthanagar and neighbouring areas. The Bank also informed that it will install an ATM in Bhairahawa within a week. The Bank has been offering irs services through 37 branches, 36 ATm counters and 46 branchless banking service. </div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'Everest Bank Limited (EBL) has installed its new ATM inside Pashupatinath Temple premises. The ATM was jointly inaugurated by Govind Tandon (Member Secretary-Pashupatinath Trust) and AK Ahluwalia (CEO-EBL). The inaugural function was also attended by dignitaries including officials of Pashupatinath Trust, Bank’s Employees and Brand Ambassador of EBL Sadichha Shrestha', 'sortorder' => '2366', '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' => '2518', 'article_category_id' => '155', 'title' => '“British College Is Offering A Well Reputed Degree From A Top University Of UK”', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:16px;"><img alt="Dipankar Sherpa" src="/userfiles/images/ht.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 225px; height: 268px;" />The British College, Thapathali, Kathmandu, provides world-class education in Nepal for students who aspires to gain internationally recognised qualifications. It offers an international university degree, the same as you would get if you were studying in the UK, but with the comfort and cost-effectiveness of remaining in Nepal. <strong>Dipankar Sherpa</strong>, Programme Leader at the college, talks about the degree and the College. <strong>Excerpts</strong>:</span></div> <div> </div> <div> <span style="font-size:14px;"><strong>How is The British College different from other colleges in Nepal?</strong></span></div> <div> The British College (TBC), as the name suggests, offers programmes affiliated to some of the top British universities. The college is a franchise programme of University of West of England (UWE). The UWE is a reputed European university and has been ranked 6th university in the continent in terms of graduate employment rates.</div> <div> </div> <div> It aims to provide British experience in terms of learning activities, course syllabus, teaching methodologies and infrastructures to Nepali students. Every activity of the college aims to provide British educational excellence to the students and thereby enable the college to stand apart from rest of the colleges in the country.</div> <div> </div> <div> <span style="font-size:14px;"><strong>What are the courses offered?</strong></span></div> <div> We offer British programme affiliated to two reputed UK universities: University of West of England (UWE) and Leads Metropolitan University (LMU). Apart from that, we offer Cambridge University affiliated A-level course and Professional Accounting Programme like ACCA. However, TBC’s core programmes are from UWE and LMU. TBC’s BBA and MSC International Management programme are affiliated to the UWE.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Are you planning to introduce other disciplines?</strong></span></div> <div> Yes, we will expand other disciplines in future. Meanwhile,we‘re trying to strengthen our existing disciplines, as it is our flagship programme.We have introduced a new course called MSC International Management in order to offer something new to Nepali market. International Management programme is especially tailored to suit the needs of multinational companies. Many of these are approaching us for human resources and through this course we want enable our students to qualify for being part of those companies in the future. Along with that, the course will enable students to work in international companies abroad, as the course provides insights into their working culture. </div> <div> </div> <div> Basically, we aim to provide best business and IT programmes to Nepali students. Nepali market is demanding good managers and entrepreneurs. We aim to produce those professionals and meet the demands.</div> <div> </div> <div> <span style="font-size:14px;"><strong>What is the benefit of getting an International Degree?</strong></span></div> <div> International degree is highly contemporary and they are updated frequently. Countries like The United Kingdom, The United States and Australia are education giants. They are the powerhouses in education sector. That alone ensures that you’re getting the latest learning technology and the best education in the world. </div> <div> </div> <div> Along with that, every University and educational institutions in the UK is monitored by QAA (Quality Assurance Agency). They have quality policies and codes outline that every college has to follow. UWE is also under surveillance of this QAA, which means our college is also following the codes they have outlined. This also ensures that we are providing quality education.</div> <div> </div> <div> <span style="font-size:14px;"><strong>What internship opportunities do students have at the college?</strong></span></div> <div> TBC has signed up Memorandum of Understanding (MoU) with some business giants of Nepal like the Chaudhary and the Khetan group for student internships. We are expanding our network with other corporate actors in the country. We want to ensure best internship and workplace opportunities for our students to ensure that they groom and grow well in their profession. </div> <div> </div> <div> <span style="font-size:14px;"><strong>What are the challenges of education sector in Nepal?</strong></span></div> <div> Nepalis education system is facing irrelevancy between books and real life work due to lack of practical skills. Along with that, we are also lagging far behind in the area of research. Research should be encouraged. In fact I’d say every college should have its own research centre. Students and teachers should be updated with latest trends in their respective field. </div> <div> </div> <div> We focus on providing professional skills to student that will enable them not only to adapt in theirprofessional sphere but will also be able to impress and overwhelm their employers.</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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 British College, Thapathali, Kathmandu, provides world-class education in Nepal for students who aspires to gain internationally recognised qualifications. It offers an international university degree, the same as you would get if you were studying in the UK, but with the comfort and cost-effectiveness of remaining in Nepal.', 'sortorder' => '2365', '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' => '2520', 'article_category_id' => '106', 'title' => 'Learning Curve News In Brief (27 January - 02 February 2014)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>Mid Western University Set to Grant Affiliation to Science Colleges</strong></span></div> <div> Mid Western University is set to grant affiliation to science colleges operating in the Mid-Western Region as per the need with the completion of a year of its official operation. The second assembly of the University has decided to grant affiliation to the colleges offering Science and Technology education in different districts in the region. The affiliation will be granted on the basis of application submitted for the constituent college, said MU Registrar Thakendra Prakash Giri. However, it is not possible to grant affiliation to all colleges at once, Giri added. (RSS)</div> <div> </div> <div> <span style="font-size:14px;"><strong>Private Schools in Chitwan Shut down Indefinitely</strong></span></div> <div> The Nepal Institutional Schools Teachers’ Union (Nepal ISTU), Chitwan has called for a closure of all the private schools in Chitwan with effect from Thursday. The decision to close down the schools was made after the agreement reached with the Private and Boarding Schools Association of Nepal (PABSON) to increase teachers’ salary was not implemented, said ISTU Chitwan Chair Bishnu Bahadur Bhujel. According to Bhujel, an agreement was reached with the involvement of the District Education Office to increase teachers’ salary by 18 per cent and provide a dearness allowance of Rs. 1,000 per month. The closure of more than 150 schools will affect some 8,000 students in Chitwan. “Unless our demands are met the schools will not open at any cost”, warns Bhujel. (RSS)</div> <div> </div> <div> <span style="font-size:14px;"><strong>NMC Chairperson Resigned</strong></span></div> <div> Chairperson of Nepal Medical Council (NMC) Dr. Damodar Gajurel has resigned citing lack of proper environment to work at the regulatory body. He tendered the resignation to Health Minister Vidyadhar Mallik on Friday, 24th January. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Purbanchal University published results of various semesters</strong></span></div> <div> Purbanchal University, office of the examination Management, Biratnagar has published the results of various semesters of Bachelor’s and Master’s programme on Saturday, 25th January. Results that have been published are of Masters in Hospitality and Hotel Management (MHHM)-II and IV semesters, Bachelor in Travel and Tourism Studies: I, III and V semesters, Masters in Development Studies (M.Dev.s): I and III semesters and B.V.Sc and AH-II and IV Semesters.</div> <div> </div> <div> <span style="font-size:14px;"><strong>UGC Employee Caught Red handed in a Bribery Case</strong></span></div> <div> According to a press release issued by Commission for Investigation of Abuse of Authority (CIAA), Bishnu Bahadur Khadka, senior Assistant of the University Grants Commission (UGC) was caught red-handed while taking bribe. CIAA on Friday apprehended Khadka while taking bribe of Rs 15,000 from Chief of Baglung-based Nisibhuji Janata Campus, Rishi Ram Sharma, for getting the budget of Rs 2.5 million released from the Ministry of Finance for the construction of the college building. </div> <div> </div> <div> <span style="font-size:14px;"><strong>MBBS Graduates from Foreign Universities on Agitation</strong></span></div> <div> The future of medical students graduated from abroad has become uncertain with the sheer ignorance on the part of the Nepal Medical Council. Hundreds of students, who pursued medical science abroad, are reeling under an uncertain future when the Council banned them to practice as an intern in Nepal. Though the Council imposed ban on internship issuing a notice in 2064 BS, medical students up to the batch of 2068 BS had completed their internship. The students after the 2068 batch have been deprived of doing internship in Nepal. However, the National Guidelines for Internship Training-2007 has specified a provision that medical students graduating from abroad could practice as an intern in Nepal giving prior information to the Council under special circumstances. (RSS)</div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'Mid Western University is set to grant affiliation to science colleges operating in the Mid-Western Region as per the need with the completion of a year of its official operation. The second assembly of the University has decided to grant affiliation to the colleges offering Science and Technology education in different districts in the region.', 'sortorder' => '2364', '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' => '2442', 'article_category_id' => '48', 'title' => 'Corruption Proofness', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Madan Lamsal</strong></div> <div> </div> <div> Nepal is no doubt the land of uncountable miracles. The recently added one is that Nepal has substantially fallen down in corruption index. It is confirmed by none other than global corruption watch-dog, Transparency International (TI). It must be credible as we are constantly taught that whatever these global institutions influenced by the West say must be blindly trusted and followed. </div> <div> </div> <div> There are few occasions when falling is not only beautiful but desirable too, like falling in love and falling in corruption index. Therefore, Nepal is now enjoying the honeymoon of this miraculous fall from 139th position of the last year to 116th this year, out of 177 countries. The fall is miraculous for more than one reason. Nepal has constantly been branded as the country with a crisis in governance. For last couple of decades, our main industry has been to produce at least one prime minister each year. Sometimes, that too was very difficult like at present, and our last House was unable to produce even one prime minister in seventeen attempts. What it effectively says is: corruption can be reduced without governance. This is new theory, innovated in Nepal by TI.</div> <div> </div> <div> But there must be some reason for this impressive improvement in Nepal's corruption ranking. Facts in hand are -- we had the Maoist government on the year the index data was collected and non-political government of bureaucrats is in Singhadurbar forts when it is made public. A former bureaucrat with the most corrupt reputation was appointed as the chief of constitutional commission CIAA. Unquestionably, all these factors must have singly or jointly contributed to this fall.</div> <div> </div> <div> If so, there are one or two lessons for the most corrupt countries to take home from Nepal. First, political instability and Maoist government are the best panacea for controlling corruption. To begin, let Maoists of any country run a decade-long armed rebellion when the term bribery and grease-money dealing in petty sum disappears and every clandestine large endowment becomes 'voluntary donation to the revolution', even if the amount surrendered is at gun point. As the corruption index researchers pasturing on the surface hardly smell about these deals, consequently the index drops. The instability has direct anti-corruption effect. It is so simple. The instability helps to root-out all major business, production and service industries. Who pays the bribe? The private sector, i.e. the business people or industrialists. When they are gone, corruption is bound to reduce, substantially. So, if any country is committed to reduce corruption, make sure you have prolonged political instability. </div> <div> </div> <div> Second, political parties must stop forming the government of their own and they should install a fully bureaucratic government, hopefully headed by the incumbent chief justice of the supreme court of the country. This latter arrangement is crucial. When the government apparatus indulges in corruption, the road to judiciary to seek redressal is practically blocked, as the head of the government is also the head of the judiciary, simultaneously.</div> <div> </div> <div> Third, if the anti-corruption institutions like CIAA are filled by the most corrupt bureaucrats in history, they are sure to make history either way. They know how not to make it more felt even if there were rampant corrupt practices. Or, it might also be the case that they are done with money, with their infamous fathers’ statues erected at the middle of busy highways, offsprings off to foreign countries and a couple of bank accounts in safe havens. So, the amount of money to be bribed in a poor country suddenly starts to look too small relative to their pride. Then they might rather pose as ascetics than avarices. The situation really contributes to reduce the corruption and helps country to ride on the freedom-from-corruption ladder, very soon.</div> <div> </div> <div> Finally, with this astounding success, Nepal can think of setting up a training institute for those countries to run course on 'how to make a country corruption-proof and improve in the (anti?) corruption index!' This has business rationale too!</div>', 'published' => true, 'created' => '2014-01-10', 'modified' => '2014-01-27', 'keywords' => 'new business age no laughing matter news & articles, no laughing matter news & articles from new business age nepal, no laughing matter headlines from nepal, current and latest no laughing matter news from nepal, economic news from nepal, nepali no laughing matter economic news and events, ongoing', 'description' => 'Nepal is no doubt the land of uncountable miracles. The recently added one is that Nepal has substantially fallen down in corruption index. It is confirmed by none other than global corruption watch-dog, Transparency International (TI). It must be credible as we are constantly taught that whatever these global institutions influenced by the West say must be blindly trusted and followed.', 'sortorder' => '2363', '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' => '2508', 'article_category_id' => '139', 'title' => 'Nepal And The World News In Brief (27 January - 02 February)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>Draghi: Eurozone Pick-UP ‘Dramatic’</strong></span></div> <div> <img alt="Mario Draghi" src="/userfiles/images/nw3%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 71px;" />The head of the European Central Bank, Mario Draghi, says there has been a “dramatic improvement” in the eurozone recovery over the past two years. Speaking at a forum in Davos on Saturday he said: “Risks have decreased across the board both for core eurozone countries and the periphery”. </div> <div> </div> <div> </div> <div> <span style="font-size:14px;"><strong>Argentina Eases Currency Control</strong></span></div> <div> <img alt="Argentina Eases Currency Control" src="/userfiles/images/nw4%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 79px;" />Argentina is to relax its strict foreign exchange controls, a day after the peso suffered its steepest daily decline in 12 years. On Thursday, the peso fell 11% against the dollar, its steepest fall since the country’s 2002 financial crisis. Cabinet Chief Jorge Capitanich said the country would reduce the tax rate on dollar purchases and allow the purchase of dollars for savings accounts. </div> <div> </div> <div> <span style="font-size:14px;"><strong>IMF warns of deflation risk</strong></span></div> <div> The International Monetary Fund is warning that dangerously low inflation could put the global economic recovery at risk in 2014. “Risks to activity associated with very low inflation in advanced economies, especially the euro area, have come to the fore,” the IMF said in an update to its World Economic Outlook. </div> <div> </div> <div> <span style="font-size:14px;"><strong>BOJ to Maintain Aggressive Monetary Easing</strong></span></div> <div> The Bank of Japan said on Wednesday it had decided to maintain its aggressive monetary easing to stimulate the country’s economy and combat chronic deflation. The bank also kept unchanged its overall economic assessment, saying “Japan’s economy has continued to recover moderately, and a front-loaded increase in demand prior to the consumption tax hike has recently been observed,” the bank said after a two-day monetary policy meeting.</div> <div> </div> <div> <span style="font-size:14px;"><strong>China also Exports Pollution to Western US, Study Finds</strong></span></div> <div> <img alt="China also Exports Pollution to Western US, Study Finds" src="/userfiles/images/nw5%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Filthy emissions from China’s export industries are carried across the Pacific Ocean and contribute to air pollution in the western United States, according to a paper published by a prominent US science journal. The research is the first to quantify how air pollution in the United States is affected by China’s production of goods for export and by global consumer demand for those goods, the study’s authors say. </div>', 'published' => true, 'created' => '2014-01-27', 'modified' => '2014-01-27', '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' => 'Argentina is to relax its strict foreign exchange controls, a day after the peso suffered its steepest daily decline in 12 years. On Thursday, the peso fell 11% against the dollar, its steepest fall since the country’s 2002 financial crisis. Cabinet Chief Jorge Capitanich said the country would reduce the tax rate on dollar purchases and allow the purchase of dollars for savings accounts.', 'sortorder' => '2362', '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
