Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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			'id' => '2306',
			'article_category_id' => '150',
			'title' => 'Business Briefs (16 - 22 December 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Coca-Cola Selects Band for Nepali FIFA Theme Song</strong></span></div>
<div>
	Coca-Cola Nepal has announced the names of three bands that will create the Nepali version of the official Coca-Cola anthem for the FIFA World Cup Trophy Tour. The names of the three bands are Kalyan Singh, Sagar Raaj and Bramhanaal Band. Coca-Cola has partnered with the popular Nepali rock band 1974 AD to collaborate with the winning bands to create the special Nepali version of the official Campaign song The World Is Ours, sung by Brazilian artists David Correy and band Monobloco.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Pashupati Paints Announces Winners &nbsp;</strong></span></div>
<div>
	Pashupati Paints has announced the silver coin winners for the 8th lucky draw of its &lsquo;Win A Home Contest&rsquo;. The unique numbers of the five winners are 3202526, 5874406, 7762516, 8013027 and 9747989. The winners are randomly selected through computerized software. Under this contest, customers buying Pashupati Paints products like Luxuria, Luxuria Ecosafe, Ex-coat, Excoat Plus and One Way worth Rs 20,000 and above receive a scratch card which has the Unique Lucky Number. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Himstar&rsquo;s New Heaters</strong></span></div>
<div>
	Him Electronics Pvt Ltd has introduced five new models of heaters in the market. &nbsp;The series includes three new small size heaters and a gas heater. The series also includes a unique heater that runs on both LPG and electricity. The company has informed that the heaters give a warning when the heater is about to go off or when the oxygen level of the room goes down.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Bajaj&rsquo;s &lsquo;Meet and Greet Paras&rsquo; Campaign</strong></span></div>
<div>
	HH Bajaj, the sole authorised distributor of Bajaj motorcycles for Nepal launched a promotional campaign named &lsquo;Meet and Greet Paras from 9 to 15 December. Under the scheme, customers purchasing Bajaj Pulsar bikes received an invitation card to meet cricketer Paras Khadka. The company has informed that other interested individuals can also participate in the event by playing a game named &lsquo;Mauka ma Chauka&rsquo; on the company&rsquo;s official facebook page. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Honda Announces Brio Winner&nbsp;</strong></span></div>
<div>
	Syakar Trading Company, the sole distributor of Honda two-wheelers in Nepal has announced the winner of its bumper draw of &lsquo;Honda Lifestyle Upgrade&rsquo; offer. The winner of the bumper draw has won a Honda Brio. The offer started on the occasion of Dashain and Tihar.&nbsp;</div>',
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			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Coca-Cola Nepal has announced the names of three bands that will create the Nepali version of the official Coca-Cola anthem for the FIFA World Cup Trophy Tour. The names of the three bands are Kalyan Singh, Sagar Raaj and Bramhanaal Band. Coca-Cola has partnered with the popular Nepali rock band 1974 AD to collaborate with the winning bands to create the special Nepali version of the official Campaign song The World Is Ours, sung by Brazilian artists David Correy and band Monobloco.',
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			'id' => '2305',
			'article_category_id' => '115',
			'title' => 'Tech Briefs ( 16 - 22 December 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Directly on Instagram</strong></span></div>
<div>
	Instagram has introduced Instagram Direct, where users can send photo and video messages to friends. The new feature comes close on the heels of a similar feature introduced by Twitter. A new icon on the top right corner of the home feed in the Instagram apps for Android and iOS will take the user to the inbox where pictures and videos sent by people to the user will be displayed.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Spotify Announces Free Mobile Streaming</strong></span></div>
<div>
	In a long-awaited announcement, Spotify expanded its free streaming option for mobile devices on Wednesday. Until now, the music streaming company has provided a free streaming service for smartphones and tablets akin to Pandora , Rdio, and Apple&rsquo;s iTunes Radio. But picking and choosing songs to stream for free was exclusively available to PCs running Microsoft &nbsp;Windows or Apple Mac OS X. Mobile users were forced to pay $10 a month for a premium service in order to stream select music to their devices.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Google Opens First Data Centres in Asia</strong></span></div>
<div>
	Google has opened its first ever data centres in Asia as it looks to boost its growth further in the region. The move comes as a growing number of people in Asia - which is home to more than half of the world&rsquo;s population - are getting connected to the internet. Google said that having data centres in Asia will help it to provide faster and &ldquo;more reliable&rdquo; access to its tools and services to users in the region. The two new centres are based in Taiwan and Singapore.</div>',
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			'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' => 'Instagram has introduced Instagram Direct, where users can send photo and video messages to friends. The new feature comes close on the heels of a similar feature introduced by Twitter. A new icon on the top right corner of the home feed in the Instagram apps for Android and iOS will take the user to the inbox where pictures and videos sent by people to the user will be displayed.',
			'sortorder' => '2147',
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			'title' => 'Awkward Facebook Posts May Cause Anguish',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	Awkward Facebook posts can not only cause embarrassment, but also make some people suffer anguish and anxiety for a long time, a new study has found. Such Facebook faux pas are common, but depending on who you are and to whom you allow access to your Facebook page, such embarrassments can cause greater anguish, according to a researchers from the Northwestern University.</div>
<div>
	&nbsp;</div>
<div>
	Researchers recruited Facebook users through university websites and Craigslist. Only 15 of the 165 people surveyed had not experienced some kind of face threat in the past six months. Participants were asked to describe a recent uncomfortable Facebook experience and rate the severity of the threat on a scale of one to five.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&quot;Almost every participant in the study could describe something that happened on Facebook in the past six months that was embarrassing or made them feel awkward or uncomfortable,&quot; said Jeremy Birnholtz, one of the authors of the paper.</div>
<div>
	&nbsp;</div>
<div>
	&quot;We were interested in the strength of the emotional response to this type of encounter,&quot; said Birnholtz.</div>
<div>
	&nbsp;</div>
<div>
	&quot;Perhaps people with more Facebook experience, who know how to control settings, delete pictures and comments and untag, think they knew how to deal with these encounters or at least try to deal with them,&quot; Birnholtz said.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Awkward Facebook posts can not only cause embarrassment, but also make some people suffer anguish and anxiety for a long time, a new study has found. Such Facebook faux pas are common, but depending on who you are and to whom you allow access to your Facebook page, such embarrassments can cause greater anguish, according to a researchers from the Northwestern University.',
			'sortorder' => '2146',
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		'Article' => array(
			'id' => '2301',
			'article_category_id' => '99',
			'title' => 'Tourism Briefs (16 - 22 December 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Air India Resumes Plan to Join Star Alliance</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/fn5%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 109px;" />Air India will restart the process of joining the Star Alliance, two years after its previous membership bid stalled. At a board meeting held in Vienna on Friday, Star Alliance&rsquo;s member airlines unanimously agreed to recommence the integration process with India&rsquo;s national carrier. &nbsp; The Indian national carrier was originally accepted as a future member of Star Alliance in December 2007, but the integration process was halted in July 2011. Air India has experienced a difficult few years, with the Indian Airlines merger, several periods of industrial action and strong competition severely impacting its profits. The state-backed airline has also been forced to rely on several government bailouts in order to stay afloat. But recent years have shown signs of improvement for the national carrier, with pre-tax earnings returning to the black in the 2012-13 financial year, and deliveries of new aircraft, including the fuel-efficient Boeing 787 Dreamliner. (Traveldailymedia.com)</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Airlines to Make US$ 20 Billion in 2014</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/fn6%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 111px;" />The world&rsquo;s airlines will make almost US$20 billion in profits next year, according to the latest forecast from the International Air Transport Association (IATA). The figure of US$ 19.7 bn marks an upward revision from the previous full-year profit forecast of US$ 16.4 bn, and will represent 53% increase on the US$12.9bn profits the world&rsquo;s airlines are expected to make in 2013. IATA said the upward revision reflects &ldquo;lower jet fuel prices as well as improvements to the industry&rsquo;s structure and efficiency&rdquo;. Despite the positive forecast however, margins remain weak at just 2.6 % of revenues, which are forecast to total US$ 743 bn next year. (Traveldailymedia.com)</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Hotel Prices Increase for New Year&rsquo;s Eve</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/fn7%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 74px;" />Hotel prices have risen across the globe to welcome in 2014. Based on ten popular New Year&rsquo;s Eve destinations, the largest increase can be found in Brazil&rsquo;s Rio de Janeiro, according to the trivago Hotel Price Index (tHPI) reported monthly by hotel comparison site trivago.co.uk. Prices here are up by 226 per cent, from a December monthly average of &pound;130 to &pound;423 on December 31st. Like Edinburgh, Rio is famed worldwide for its New Year&rsquo;s Eve celebrations, with Copacabana Beach welcoming approximately 2.5 million visitors annually. Brazil is a popular destination for 2014 as the host country of the FIFA World Cup, with a total of 12 destinations holding matches next summer. Rio&rsquo;s Estadio de Maracana will welcome visitors to seven matches, including the final on July 13th.Other destinations showing significant increases this December 31st include Sydney, Budapest, Rome and Barcelona. (Traveldailynews.com)</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Boeing 777X Wind Tunnel Testing Under Way</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/fn8%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 77px;" />Boeing announced that low-speed wind tunnel tests have begun for the Boeing 777X, a major milestone in airplane development. Testing started on December 5 at QinetiQ&rsquo;s test facility in Farnborough, UK. Wind tunnel models allow experts to test many different configurations for the airplane. Low-speed tests measure airplane performance with a variety of high-lift surface settings to simulate takeoff and landing conditions. The low-speed model currently being tested is a 0.05 percent scale model of the baseline 777X, measuring about 4.22 meters (166 inches) long with a wing span of 3.92 meters (154 inches). Hundreds of sensors are embedded in the model to measure pressure to determine the in-flight loads as well as provide valuable diagnostics of the aerodynamic performance of a given design. (Traveldailynews.com)</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Air India will restart the process of joining the Star Alliance, two years after its previous membership bid stalled. At a board meeting held in Vienna on Friday, Star Alliance’s member airlines unanimously agreed to recommence the integration process with India’s national carrier.   The Indian national carrier was originally accepted as a future member of Star Alliance in December 2007, but the integration process was halted in July 2011.',
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	(int) 4 => array(
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			'id' => '2268',
			'article_category_id' => '91',
			'title' => 'USD 805 Mln Drained From Nepal Annually: Study',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Corespondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Illicit financial flow from Nepal between 2002 and 2011 has reached an average of USD 805 million per year, a latest international report revealed. According to the US-based Global Financial Integrity (GIF), crime, corruption and tax evasion are the main reason for the illegal transfer of money from the country. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The report entitled, &ldquo;Illicit Financial Flows from Developing Countries: 2002-2011&rdquo; has ranked Nepal in the 66th position out of 144 countries. The latest publication is the third reportfrom the global watchdog regarding the illegal capital outflow from the developing nations. This year&rsquo;s report marked the worsening situation of illegal outflow of money from the country. In 2008 and 2012, Nepal ranked 60th and 58th respectively. Nepal lost highest amount of money in 2009 and 2010 from crime, corruption, tax evasion and other dodgy businesses. In those two consecutive years, USD 1,552 million and USD 1885 million was taken out from the country illegally. However, in 2011, the amount dropped to USD 651 million, the report says.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	GFI evaluated and estimated the illicit financial flow across the international borders under two broad categories - Hot Money Narrow (HMN) and Gross Excluding Reversals (GER).&rdquo; The first, HMN, looks at money that has disappeared from the balance of payments which is likely to represent kickbacks, bribery, and other forms of unrecorded wire transactions. HMN accounts for about 20.3% of estimated illicit financial flows,&rdquo; informed the report adding,&rdquo; The second, GER, looks at trade misinvoicing, a common method used by commercial entities for the cross-border movement of illegal money.&rdquo; The report finds that developing countries lost USD 946.7 billion in illicit outflows in 2011, an increase of 13.7% over the USD 832.4 billion that flowed out of developing countries in 2010. The 2011 outflows are the highest on record over the decade.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, developing countries lost USD 590.0 billion per annum on average through illicit outflows over the decade ending 2011.</div>
<div>
	&nbsp;</div>
<div>
	Cumulatively, developing nations lost staggering USD 5.9 trillion worth of money to illicit outflows between 2002 and 2011. Asia accounted for 39.6% of total illicit flows from the developing world followed by developing Europe (21.5%), the Western Hemisphere (19.6%), the Middle East and North Africa (11.2%), and Sub-Saharan Africa (7.7%). &ldquo;Illicit outflows averaged roughly 4.0% of GDP per year from all developing countries over the decade,&rdquo; says the report.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the report, China continued to lead the world in illicit outflows over the decade&mdash;losing USD 1.08 trillion from 2002-2011.Meanwhile, Russia ranked 2nd in the report,leading the world in 2011 with USD 191.1 billion in illegal capital flight. Similarly, India ranked 5th, losing USD 344 billion over the past decade. Mexico and Saudi Arabia were ranked 3rd and 4th respectively. In South Asia, Bhutan was the lowest ranking country (138th). After India, Bangladesh (47th) was the second country in the region facing the worsening situation of illicit financial flow. Afghanistan (86th), Sri Lanka (102nd), Pakistan (117th) and Maldives (123rd), meanwhile, performed relatively better in the region.</div>',
			'published' => true,
			'created' => '2013-12-16',
			'modified' => '2013-12-17',
			'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' => 'Illicit financial flow from Nepal between 2002 and 2011 has reached an average of USD 805 million per year, a latest international report revealed. According to the US-based Global Financial Integrity (GIF), crime, corruption and tax evasion are the main reason for the illegal transfer of money from the country.',
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	(int) 5 => array(
		'Article' => array(
			'id' => '2299',
			'article_category_id' => '99',
			'title' => 'Dragonair’s Companion Offer',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Dragonair has announced a special companion offer for passengers booking online. Passengers booking online with international credit cards can avail of this offer. Fares begin from 56000 (inclusive of taxes and surcharges) for two passengers travelling together. For four passengers travelling together the fares begin from 53000 including taxes and surcharges. The offer is available from 16 to 31 December 2013 and valid for travel from 16 December 2013 to 31 January 2014. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Dragonair currently operates daily flights from Kathmandu to Hong Kong and offers connections to more than 170 destinations around the world offered by its sister airline Cathay Pacific.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Dragonair has announced a special companion offer for passengers booking online. Passengers booking online with international credit cards can avail of this offer. Fares begin from 56000 (inclusive of taxes and surcharges) for two passengers travelling together. For four passengers travelling together the fares begin from 53000 including taxes and surcharges.',
			'sortorder' => '2143',
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	(int) 6 => array(
		'Article' => array(
			'id' => '2300',
			'article_category_id' => '99',
			'title' => 'Pun Wins Ballentines Monthly Medal Final',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Laxman Pun has won the title of Ballantine&acute;s Monthly Medal Final on Saturday played at the Royal Nepal Golf Club (RNGC). Pun accumulated a total of 1029 points to win the title. Neeraj SJB Rana became the runner-up with 991 points and Mithun Rai was the second runner-up with 915 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Rai also claimed the title of Ballantine&acute;s Golf Tournament played at the RNGC on the same day with 36 points. Rabin R Bijayananda finished second in count back with 34 points in the tournament. Neeraj SJB Rana was awarded the best gross with 28 points.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Laxman Pun has won the title of Ballantine´s Monthly Medal Final on Saturday played at the Royal Nepal Golf Club (RNGC). Pun accumulated a total of 1029 points to win the title. Neeraj SJB Rana became the runner-up with 991 points and Mithun Rai was the second runner-up with 915 points.',
			'sortorder' => '2142',
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	(int) 7 => array(
		'Article' => array(
			'id' => '2298',
			'article_category_id' => '99',
			'title' => 'Qatar To Fly To Istanbul’s Sabiha Gokcen Airport',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Qatar Airways has announced that it will commence four-weekly passenger services to Istanbul&rsquo;s Sabiha G&ouml;k&ccedil;en Airport from 22 May 2014. SabihaG&ouml;k&ccedil;en Airport will become the airline&rsquo;s third destination in Turkey after Istanbul Ataturk Airport Ankara. The airline currently operates 10 flights-a-week to Istanbul Ataturk Airport and four-flights-week to Ankara.</div>
<div>
	&nbsp;</div>
<div>
	&quot;Turkey&rsquo;s aviation industry has experienced unprecedented growth over the past few years and we are delighted to be part of this growth,&rdquo; said Akbar Al Baker, Qatar Airways Chief Executive Officer. With the addition of Sabiha G&ouml;k&ccedil;en Airport, the number of flights to Turkey will increase from 14 to 18 frequencies each week. &nbsp;According to a statement, the airport will serve travellers from the eastern Asian side of Istanbul in addition to Ataturk Airport.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The new route will be served by an Airbus A320 in a 2 cabin configuration, offering 12 Business Class and 132 Economy Class seats. &nbsp;</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Qatar Airways has announced that it will commence four-weekly passenger services to Istanbul’s Sabiha Gökçen Airport from 22 May 2014. SabihaGökçen Airport will become the airline’s third destination in Turkey after Istanbul Ataturk Airport Ankara. The airline currently operates 10 flights-a-week to Istanbul Ataturk Airport and four-flights-week to Ankara.',
			'sortorder' => '2141',
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	(int) 8 => array(
		'Article' => array(
			'id' => '2297',
			'article_category_id' => '99',
			'title' => 'Sherpa Wins SuryaNepal Gokarna Monthly Medal',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Ang Dorjee Sherpa has won the Surya Nepal Gokarna Monthly Medal played at Gokarna Golf Club on Saturday. Sherpa was declared winner on the count back as three players were tied at four under par -68. Tenzing Palden (68) finished runner-up also on the count back and Suryansh Chaudhary(68) finished third. Robin Rana bagged best gross award with the score of 81 (nine over par).&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	A total of 34 players took part in the tournament sponsored by Surya Nepal Pvt Ltd. President of Gokarna Golf Club Suhrid Ghimire gave away the prizes to the winners of the tournament. The tournament was played under stroke play format with full handicap.</div>
<div>
	&nbsp;</div>
<div>
	After the tenth edition, Babu Sherpa is on top of the leader board of the club championship with 206 points. Mahesh B Karki is second with 190 points. Ang Dorjee Sherpa and Tendi Sherpa are tied third with 160 points. Aditi Ghimire is fifth with 138 points. Ang Dendi Sherpa is at sixth position with 130 points. Daman B Ghale is seventh with 124 points. Tenzing Palden has secured eighth placewith 120 points. Brian Fawcett is at ninth with 116 points. Sonam Ongdi Lama is inside the top 10 list with 112 points.&nbsp;</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Ang Dorjee Sherpa has won the Surya Nepal Gokarna Monthly Medal played at Gokarna Golf Club on Saturday. Sherpa was declared winner on the count back as three players were tied at four under par -68. Tenzing Palden (68) finished runner-up also on the count back and Suryansh Chaudhary(68) finished third. Robin Rana bagged best gross award with the score of 81 (nine over par).',
			'sortorder' => '2140',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '2296',
			'article_category_id' => '99',
			'title' => 'Biruwa Organized  ‘Udhyami Bhetghat’ On Tourism',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Biruwa Ventures in association with Udhyami Impact Fund (UIF) organized a tourism-centred programme titled &lsquo;Udhyami Bhetghat&rsquo; on December 11. The main objective of the event was to assist entrepreneurs to develop their professional network and aid knowledge sharing within the Nepali entrepreneurial community. The event brought together entrepreneurs from various sectors like travel, tourism and hospitality. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the organizers, the programme&rsquo;s main objective was to foster entrepreneurial spirit in the economy. There were series of interactions among the experts and entrepreneurs belonging to different sectors. Similarly, the participants also shared their ideas and experiences with each other.</div>
<div>
	&nbsp;</div>
<div>
	There were 40 participants in the event including Rajendra Suwal, CEO, Nepal Nature dot com travels, Ujjwal Satyal, Executive Director of Nepal Academy of Tourism and Hotel Management and Kashi Raj Bhandari, Director of Planning and Monitoring, Nepal Tourism Board. The experts suggested potential sectors through which Nepal can benefit from.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Suwal said in the programme that Nepal needs to capitalize on its great culture and natural resources. He also emphasized on the development of eco-tourism. Bhandari focussed on the development of infrastructure to boost tourism in Nepal. He identified three main aspects essential for tourism development. &ldquo;Conservation of historic monument, war tourism and solving of legal hurdles are three main aspects that should be focused&rdquo;, said Bhandari. He further added that guerrilla trail has been created in Rolpa and Rukum for the study of War Tourism. Likewise, Ujjwal Satyal said that Nepal can benefit by manufacturing kitchen equipment in the country.</div>
<div>
	&nbsp;</div>
<div>
	Biruwa organizes similar programme every other month focussing on various sectors. &nbsp;</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Biruwa Ventures in association with Udhyami Impact Fund (UIF) organized a tourism-centred programme titled ‘Udhyami Bhetghat’ on December 11. The main objective of the event was to assist entrepreneurs to develop their professional network and aid knowledge sharing within the Nepali entrepreneurial community. The event brought together entrepreneurs from various sectors like travel, tourism and hospitality.',
			'sortorder' => '2139',
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			'homepage' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '2283',
			'article_category_id' => '146',
			'title' => 'Visual Edit Vol 3 Issue 42',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Visual Edit Vol 3 Issue 42',
			'sortorder' => '2138',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
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	),
	(int) 11 => array(
		'Article' => array(
			'id' => '2295',
			'article_category_id' => '99',
			'title' => 'International Tourism An Engine For Economic Recovery: UNWTO',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	In the first nine months of 2013, international tourism grew by five per cent, to reach a record 845 million worldwide, according to UN World Tourism Organisation (UNWTO). It says, the number of international tourist arrivals reported by destinations around the world increased by some 41 million between January and September, growing above UNWTO&rsquo;s initial forecast and creating an important stimulus to the receiving economies. Growth was driven by Europe and Asia and the Pacific, both seeing tourist numbers increase by six per cent.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;International tourism continues to grow above expectations, supporting economic growth in both advanced and emerging economies and bringing much needed support to job creation, GDP and the balance of payments of many destinations&rdquo; said UNWTO Secretary-General, Taleb Rifai. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In Europe, the world&rsquo;s most visited region, international tourist arrivals grew by six per cent led by above-average results in Central and Eastern Europe (+7%) and Southern and Mediterranean Europe (+6%). &nbsp;Asia and the Pacific (+6%) continued to show robust results, bolstered by South-East Asia (+12%). The Americas (+3%) reported comparatively weaker results, with better performance in North America (+4%) and Central America and (+3%). In Africa (+5%) growth was fuelled by the recovery in North Africa (+6%), while the Middle East saw only a marginal increase (+0.3%).</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'In the first nine months of 2013, international tourism grew by five per cent, to reach a record 845 million worldwide, according to UN World Tourism Organisation (UNWTO). It says, the number of international tourist arrivals reported by destinations around the world increased by some 41 million between January and September, growing above UNWTO’s initial forecast and creating an important stimulus to the receiving economies.',
			'sortorder' => '2137',
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	(int) 12 => array(
		'Article' => array(
			'id' => '2294',
			'article_category_id' => '152',
			'title' => 'Types Of Shoes For Women',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	Shoes are an integral part of your overall personality. The shoes you choose to wear and the way you maintain them create great impression on others. So, we have to make them an equally important part of our wardrobe by giving special attention in choosing footwear also. Maintaining style in clothing and footwear for women is especially more concerning. The shoes have to match the dressing style and the occasion. Corresponding to this need, there are many types of women&rsquo;s shoes that vary in shapes, colours and sizes. Here are some of best trending shoe designs:&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Heels" src="/userfiles/images/f1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 69px;" />Heels</strong></span></div>
<div>
	Heels are shoes, which are elevated from the back and lift the heel above from the ground. Heels can be of different types and height. Many different types of shoes come under this category.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Flats" src="/userfiles/images/f2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Flats</strong></span></div>
<div>
	Flats are shoes that do not have heels and which do not elevate the foot from the ground. Many of the shoes fall strictly under the above-mentioned categories while some carry traits from both of them.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Pumps" src="/userfiles/images/f3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 50px;" />Pumps</strong></span></div>
<div>
	Pumps are a type of shoes, which cover the foot from the front, back, and both sides leaving the top open. Pumps can be flat or can have heels. The flat pumps are made up of micro fiber, leather or a thick cloth. They come in different colours and designs. A common type of flat pump shoe is the ballerina shoe. These are extremely flat pumps shoe used by ballet dancers. Flat pumps are very comfortable to wear and go along almost every type of clothing.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Wedge Shoes" src="/userfiles/images/f4.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 65px;" />Wedge Shoes</strong></span></div>
<div>
	Wedge shoes are highly trendy and stylish heeled shoes in which there is no gap between the sole and the front. The entire foot from front to back is elevated. The sole is usually wooden and light brown in color while the top can have many variations. Contrary to conventional heels, in which only the sole is elevated from the back and lifts only the heel of the foot, wedge lifts the entire foot. Thismakes them far more comfortable. Chance of tripping off from wedges is minimum in comparison to pointy heel shoes. They are stable and stylish and go best with all types of clothes.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Mules" src="/userfiles/images/f5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Mules</strong></span></div>
<div>
	Mules are flat or heeled shoes in which the front part of the foot is covered and the back is left open. Mules mostly have pointed toes but some can also have rounded or square toes.Mostly leather-made, these shoes are used mainly for formal purposes and go best with trousers or jeans.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Boots" src="/userfiles/images/f7.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 73px;" />Boots</strong></span></div>
<div>
	Boots are shoes that completely cover the entire foot including the top. Boots come in different varieties and can be heeled, wedged or flat. They may be short reaching till the ankles while some boots are long and extend further up to the leg towards the knees or some cases even till thighs. Boots are mostly made of leather, suede or fabric. They may or may not have laces and they can be used for both formal and non-formal purposes. Boots are mostly used during the winters. The best thing about boots is that they never have and will never go out of fashion like other types of shoes.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Shoes are an integral part of your overall personality. The shoes you choose to wear and the way you maintain them create great impression on others. So, we have to make them an equally important part of our wardrobe by giving special attention in choosing footwear also. Maintaining style in clothing and footwear for women is especially more concerning.',
			'sortorder' => '2136',
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	(int) 13 => array(
		'Article' => array(
			'id' => '2285',
			'article_category_id' => '151',
			'title' => 'KUSOM Annual Festival 2013 Concludes',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	The two days KUSOM Annual Festival (KAF) 2013, sponsored by Springwood, concluded on 7th December (Saturday). The first day of the festival was themed as &ldquo;We Care&rdquo;, which was organized at Kathmandu University School of Management (KUSOM) premises.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The day was devoted to contributing for society through different socially responsible initiatives carried out by the students such as blood donation camps, free health camps and donation programs including free ENT (Ear, Nose, and Throat) checkups, visual screening and dental camps. Along with that, clothes, books and stationary items were donated to around 20 students from SPARKS Children Home and from Patan CBR (Community Based Rehabilitation Center).</div>
<div>
	&nbsp;</div>
<div>
	Meanwhile, the 2nd day of the festival was named &ldquo;Mana-Fest&rdquo; (short for management festival). The programme consisted of 15 different inter college competitions across the Kathmandu Valley. Among the different contests, Springwood&rsquo;s &ldquo;SNAP, SHARE, WIN&rdquo; held all day. The attraction of the programme was &lsquo;Eccentric Trendsetters Fashion Show&rsquo; and Rangoli competition on the theme of &lsquo;Celebration&rsquo;.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Islington College bagged the Best College Award by winning most number of competitions and students from BBA 3rd year of KUSOM won the Best Class of KUSOM Award by winning the most number of competitions among KUSOMites (KUSOM students).</div>
<div>
	&nbsp;</div>
<div>
	Similarly, the inter college fest also saw a special performance from The Tito Satya team.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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 two days KUSOM Annual Festival (KAF) 2013, sponsored by Springwood, concluded on 7th December (Saturday). The first day of the festival was themed as “We Care”, which was organized at Kathmandu University School of Management (KUSOM) premises.',
			'sortorder' => '2135',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '2292',
			'article_category_id' => '108',
			'title' => 'Money Matters News In Brief (16 - 22 December 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
<div>
	Nirdhan Utthan Bank Limited (NUBL) has signed an MoU with UK-based INGO, The Blueberry Hill Charitable Trust (BHCT) to implement the project &lsquo;Sustainable Access to Finance and Livelihoods in Nepal (SAFAL Nepal). The project is funded by UKaid through DFID. NUBL and BHCT will work together under a deficit-subsidy partnership model to expand financial services in remote areas of four districts- Panchthar, Doti, Dadeldhura, and Ilam. The project aims to improve the livelihoods of hill and mountain communities through sustainable access to finance linked with appropriate livelihood opportunities and local institutional strengthening. Under this partnership model, BHCT will support NUBL financially and technically for initial start-up and client capacity building; and NUBL will manage loan funds for the deficit-subsidy partnership model.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Citizens&rsquo; Branchless Banking in Jhapa</strong></span></div>
<div>
	Citizens Bank International Limited has started its 42nd branchless banking service in Shivagunj of Jhapa. According to the bank, the service is started to offer modern banking facilities to the residents in remote parts of Nepal. The bank has plans of providing at least one branchless banking service in each zone, and has informed that that the number will reach 50 in near future.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Shah&rsquo;s Tenure Extended</strong></span></div>
<div>
	Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
<div>
	Gandaki Bikas Bank Limited has started providing Mobile Banking Service to its customers. Now, the bank will be offering facilities of fund transfer through mobile, mobile recharge, phone bill payment, balance enquiry through SMS, mini statement, and new checkbook issuance among others. The bank also has been providing ATM and ABBS service.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
<div>
	The applicants of primary shares in Cosmos Development Bank exceed five times than its demand. The bank has its main branch in Gorkha. &ldquo;The bank had demanded the applications of public shares worth Rs 17.5 millions with the rate of Rs 100 per share but it has received the demands of more than Rs 110 millions,&rdquo; Rajendra Pudasaini, Marketing Manager of the bank informed. &nbsp;He said that the applications are from Kathmandu, Chitwan, Butwal, Lalitpur, Parsa, Sarlahi, Narayangarh, Lamjung along with the districts. The bank had issued shares worth 40 per cent of the total capital from December 8th to 9th.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
<div>
	Tinau Development Bank is to distribute 12 per cent of bonus share. This proposal was approved by Board of Directors during 7th Annual General Meeting of the bank. &nbsp;The AGM also has approved that the right share will be issued in the ratio of 0.25:1 of paid up capital as well as increase authorized capital and issued capital. &ldquo;After the issuance of right share, the authorized capital of the bank will be Rs 300 million, issued capital R 250 million and paid-up capital will be Rs 16.1 mllion,&rdquo; informed Pradip Kumar Shrestha, Chief Executive Officer of the bank. The AGM has also endorsed the audit report of fiscal year 2012/13, balance sheet till 2013 June and profit-loss and cash flow details.&nbsp;</div>',
			'published' => true,
			'created' => '2013-12-17',
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			'description' => 'Nirdhan Utthan Bank Limited (NUBL) has signed an MoU with UK-based INGO, The Blueberry Hill Charitable Trust (BHCT) to implement the project ‘Sustainable Access to Finance and Livelihoods in Nepal (SAFAL Nepal). The project is funded by UKaid through DFID. NUBL and BHCT will work together under a deficit-subsidy partnership model to expand financial services in remote areas of four districts- Panchthar, Doti, Dadeldhura, and Ilam.',
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)
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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		(int) 14 => array(
			'Article' => array(
				[maximum depth reached]
			)
		)
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)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '2306',
			'article_category_id' => '150',
			'title' => 'Business Briefs (16 - 22 December 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Coca-Cola Selects Band for Nepali FIFA Theme Song</strong></span></div>
<div>
	Coca-Cola Nepal has announced the names of three bands that will create the Nepali version of the official Coca-Cola anthem for the FIFA World Cup Trophy Tour. The names of the three bands are Kalyan Singh, Sagar Raaj and Bramhanaal Band. Coca-Cola has partnered with the popular Nepali rock band 1974 AD to collaborate with the winning bands to create the special Nepali version of the official Campaign song The World Is Ours, sung by Brazilian artists David Correy and band Monobloco.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Pashupati Paints Announces Winners &nbsp;</strong></span></div>
<div>
	Pashupati Paints has announced the silver coin winners for the 8th lucky draw of its &lsquo;Win A Home Contest&rsquo;. The unique numbers of the five winners are 3202526, 5874406, 7762516, 8013027 and 9747989. The winners are randomly selected through computerized software. Under this contest, customers buying Pashupati Paints products like Luxuria, Luxuria Ecosafe, Ex-coat, Excoat Plus and One Way worth Rs 20,000 and above receive a scratch card which has the Unique Lucky Number. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Himstar&rsquo;s New Heaters</strong></span></div>
<div>
	Him Electronics Pvt Ltd has introduced five new models of heaters in the market. &nbsp;The series includes three new small size heaters and a gas heater. The series also includes a unique heater that runs on both LPG and electricity. The company has informed that the heaters give a warning when the heater is about to go off or when the oxygen level of the room goes down.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Bajaj&rsquo;s &lsquo;Meet and Greet Paras&rsquo; Campaign</strong></span></div>
<div>
	HH Bajaj, the sole authorised distributor of Bajaj motorcycles for Nepal launched a promotional campaign named &lsquo;Meet and Greet Paras from 9 to 15 December. Under the scheme, customers purchasing Bajaj Pulsar bikes received an invitation card to meet cricketer Paras Khadka. The company has informed that other interested individuals can also participate in the event by playing a game named &lsquo;Mauka ma Chauka&rsquo; on the company&rsquo;s official facebook page. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Honda Announces Brio Winner&nbsp;</strong></span></div>
<div>
	Syakar Trading Company, the sole distributor of Honda two-wheelers in Nepal has announced the winner of its bumper draw of &lsquo;Honda Lifestyle Upgrade&rsquo; offer. The winner of the bumper draw has won a Honda Brio. The offer started on the occasion of Dashain and Tihar.&nbsp;</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Coca-Cola Nepal has announced the names of three bands that will create the Nepali version of the official Coca-Cola anthem for the FIFA World Cup Trophy Tour. The names of the three bands are Kalyan Singh, Sagar Raaj and Bramhanaal Band. Coca-Cola has partnered with the popular Nepali rock band 1974 AD to collaborate with the winning bands to create the special Nepali version of the official Campaign song The World Is Ours, sung by Brazilian artists David Correy and band Monobloco.',
			'sortorder' => '2148',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '2305',
			'article_category_id' => '115',
			'title' => 'Tech Briefs ( 16 - 22 December 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Directly on Instagram</strong></span></div>
<div>
	Instagram has introduced Instagram Direct, where users can send photo and video messages to friends. The new feature comes close on the heels of a similar feature introduced by Twitter. A new icon on the top right corner of the home feed in the Instagram apps for Android and iOS will take the user to the inbox where pictures and videos sent by people to the user will be displayed.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Spotify Announces Free Mobile Streaming</strong></span></div>
<div>
	In a long-awaited announcement, Spotify expanded its free streaming option for mobile devices on Wednesday. Until now, the music streaming company has provided a free streaming service for smartphones and tablets akin to Pandora , Rdio, and Apple&rsquo;s iTunes Radio. But picking and choosing songs to stream for free was exclusively available to PCs running Microsoft &nbsp;Windows or Apple Mac OS X. Mobile users were forced to pay $10 a month for a premium service in order to stream select music to their devices.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Google Opens First Data Centres in Asia</strong></span></div>
<div>
	Google has opened its first ever data centres in Asia as it looks to boost its growth further in the region. The move comes as a growing number of people in Asia - which is home to more than half of the world&rsquo;s population - are getting connected to the internet. Google said that having data centres in Asia will help it to provide faster and &ldquo;more reliable&rdquo; access to its tools and services to users in the region. The two new centres are based in Taiwan and Singapore.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Instagram has introduced Instagram Direct, where users can send photo and video messages to friends. The new feature comes close on the heels of a similar feature introduced by Twitter. A new icon on the top right corner of the home feed in the Instagram apps for Android and iOS will take the user to the inbox where pictures and videos sent by people to the user will be displayed.',
			'sortorder' => '2147',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
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			'user_id' => '0'
		)
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	(int) 2 => array(
		'Article' => array(
			'id' => '2304',
			'article_category_id' => '116',
			'title' => 'Awkward Facebook Posts May Cause Anguish',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	Awkward Facebook posts can not only cause embarrassment, but also make some people suffer anguish and anxiety for a long time, a new study has found. Such Facebook faux pas are common, but depending on who you are and to whom you allow access to your Facebook page, such embarrassments can cause greater anguish, according to a researchers from the Northwestern University.</div>
<div>
	&nbsp;</div>
<div>
	Researchers recruited Facebook users through university websites and Craigslist. Only 15 of the 165 people surveyed had not experienced some kind of face threat in the past six months. Participants were asked to describe a recent uncomfortable Facebook experience and rate the severity of the threat on a scale of one to five.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&quot;Almost every participant in the study could describe something that happened on Facebook in the past six months that was embarrassing or made them feel awkward or uncomfortable,&quot; said Jeremy Birnholtz, one of the authors of the paper.</div>
<div>
	&nbsp;</div>
<div>
	&quot;We were interested in the strength of the emotional response to this type of encounter,&quot; said Birnholtz.</div>
<div>
	&nbsp;</div>
<div>
	&quot;Perhaps people with more Facebook experience, who know how to control settings, delete pictures and comments and untag, think they knew how to deal with these encounters or at least try to deal with them,&quot; Birnholtz said.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Awkward Facebook posts can not only cause embarrassment, but also make some people suffer anguish and anxiety for a long time, a new study has found. Such Facebook faux pas are common, but depending on who you are and to whom you allow access to your Facebook page, such embarrassments can cause greater anguish, according to a researchers from the Northwestern University.',
			'sortorder' => '2146',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	(int) 3 => array(
		'Article' => array(
			'id' => '2301',
			'article_category_id' => '99',
			'title' => 'Tourism Briefs (16 - 22 December 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Air India Resumes Plan to Join Star Alliance</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/fn5%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 109px;" />Air India will restart the process of joining the Star Alliance, two years after its previous membership bid stalled. At a board meeting held in Vienna on Friday, Star Alliance&rsquo;s member airlines unanimously agreed to recommence the integration process with India&rsquo;s national carrier. &nbsp; The Indian national carrier was originally accepted as a future member of Star Alliance in December 2007, but the integration process was halted in July 2011. Air India has experienced a difficult few years, with the Indian Airlines merger, several periods of industrial action and strong competition severely impacting its profits. The state-backed airline has also been forced to rely on several government bailouts in order to stay afloat. But recent years have shown signs of improvement for the national carrier, with pre-tax earnings returning to the black in the 2012-13 financial year, and deliveries of new aircraft, including the fuel-efficient Boeing 787 Dreamliner. (Traveldailymedia.com)</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Airlines to Make US$ 20 Billion in 2014</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/fn6%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 111px;" />The world&rsquo;s airlines will make almost US$20 billion in profits next year, according to the latest forecast from the International Air Transport Association (IATA). The figure of US$ 19.7 bn marks an upward revision from the previous full-year profit forecast of US$ 16.4 bn, and will represent 53% increase on the US$12.9bn profits the world&rsquo;s airlines are expected to make in 2013. IATA said the upward revision reflects &ldquo;lower jet fuel prices as well as improvements to the industry&rsquo;s structure and efficiency&rdquo;. Despite the positive forecast however, margins remain weak at just 2.6 % of revenues, which are forecast to total US$ 743 bn next year. (Traveldailymedia.com)</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Hotel Prices Increase for New Year&rsquo;s Eve</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/fn7%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 74px;" />Hotel prices have risen across the globe to welcome in 2014. Based on ten popular New Year&rsquo;s Eve destinations, the largest increase can be found in Brazil&rsquo;s Rio de Janeiro, according to the trivago Hotel Price Index (tHPI) reported monthly by hotel comparison site trivago.co.uk. Prices here are up by 226 per cent, from a December monthly average of &pound;130 to &pound;423 on December 31st. Like Edinburgh, Rio is famed worldwide for its New Year&rsquo;s Eve celebrations, with Copacabana Beach welcoming approximately 2.5 million visitors annually. Brazil is a popular destination for 2014 as the host country of the FIFA World Cup, with a total of 12 destinations holding matches next summer. Rio&rsquo;s Estadio de Maracana will welcome visitors to seven matches, including the final on July 13th.Other destinations showing significant increases this December 31st include Sydney, Budapest, Rome and Barcelona. (Traveldailynews.com)</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Boeing 777X Wind Tunnel Testing Under Way</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/fn8%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 77px;" />Boeing announced that low-speed wind tunnel tests have begun for the Boeing 777X, a major milestone in airplane development. Testing started on December 5 at QinetiQ&rsquo;s test facility in Farnborough, UK. Wind tunnel models allow experts to test many different configurations for the airplane. Low-speed tests measure airplane performance with a variety of high-lift surface settings to simulate takeoff and landing conditions. The low-speed model currently being tested is a 0.05 percent scale model of the baseline 777X, measuring about 4.22 meters (166 inches) long with a wing span of 3.92 meters (154 inches). Hundreds of sensors are embedded in the model to measure pressure to determine the in-flight loads as well as provide valuable diagnostics of the aerodynamic performance of a given design. (Traveldailynews.com)</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Air India will restart the process of joining the Star Alliance, two years after its previous membership bid stalled. At a board meeting held in Vienna on Friday, Star Alliance’s member airlines unanimously agreed to recommence the integration process with India’s national carrier.   The Indian national carrier was originally accepted as a future member of Star Alliance in December 2007, but the integration process was halted in July 2011.',
			'sortorder' => '2145',
			'image' => null,
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	(int) 4 => array(
		'Article' => array(
			'id' => '2268',
			'article_category_id' => '91',
			'title' => 'USD 805 Mln Drained From Nepal Annually: Study',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Corespondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Illicit financial flow from Nepal between 2002 and 2011 has reached an average of USD 805 million per year, a latest international report revealed. According to the US-based Global Financial Integrity (GIF), crime, corruption and tax evasion are the main reason for the illegal transfer of money from the country. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The report entitled, &ldquo;Illicit Financial Flows from Developing Countries: 2002-2011&rdquo; has ranked Nepal in the 66th position out of 144 countries. The latest publication is the third reportfrom the global watchdog regarding the illegal capital outflow from the developing nations. This year&rsquo;s report marked the worsening situation of illegal outflow of money from the country. In 2008 and 2012, Nepal ranked 60th and 58th respectively. Nepal lost highest amount of money in 2009 and 2010 from crime, corruption, tax evasion and other dodgy businesses. In those two consecutive years, USD 1,552 million and USD 1885 million was taken out from the country illegally. However, in 2011, the amount dropped to USD 651 million, the report says.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	GFI evaluated and estimated the illicit financial flow across the international borders under two broad categories - Hot Money Narrow (HMN) and Gross Excluding Reversals (GER).&rdquo; The first, HMN, looks at money that has disappeared from the balance of payments which is likely to represent kickbacks, bribery, and other forms of unrecorded wire transactions. HMN accounts for about 20.3% of estimated illicit financial flows,&rdquo; informed the report adding,&rdquo; The second, GER, looks at trade misinvoicing, a common method used by commercial entities for the cross-border movement of illegal money.&rdquo; The report finds that developing countries lost USD 946.7 billion in illicit outflows in 2011, an increase of 13.7% over the USD 832.4 billion that flowed out of developing countries in 2010. The 2011 outflows are the highest on record over the decade.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, developing countries lost USD 590.0 billion per annum on average through illicit outflows over the decade ending 2011.</div>
<div>
	&nbsp;</div>
<div>
	Cumulatively, developing nations lost staggering USD 5.9 trillion worth of money to illicit outflows between 2002 and 2011. Asia accounted for 39.6% of total illicit flows from the developing world followed by developing Europe (21.5%), the Western Hemisphere (19.6%), the Middle East and North Africa (11.2%), and Sub-Saharan Africa (7.7%). &ldquo;Illicit outflows averaged roughly 4.0% of GDP per year from all developing countries over the decade,&rdquo; says the report.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the report, China continued to lead the world in illicit outflows over the decade&mdash;losing USD 1.08 trillion from 2002-2011.Meanwhile, Russia ranked 2nd in the report,leading the world in 2011 with USD 191.1 billion in illegal capital flight. Similarly, India ranked 5th, losing USD 344 billion over the past decade. Mexico and Saudi Arabia were ranked 3rd and 4th respectively. In South Asia, Bhutan was the lowest ranking country (138th). After India, Bangladesh (47th) was the second country in the region facing the worsening situation of illicit financial flow. Afghanistan (86th), Sri Lanka (102nd), Pakistan (117th) and Maldives (123rd), meanwhile, performed relatively better in the region.</div>',
			'published' => true,
			'created' => '2013-12-16',
			'modified' => '2013-12-17',
			'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' => 'Illicit financial flow from Nepal between 2002 and 2011 has reached an average of USD 805 million per year, a latest international report revealed. According to the US-based Global Financial Integrity (GIF), crime, corruption and tax evasion are the main reason for the illegal transfer of money from the country.',
			'sortorder' => '2144',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '2299',
			'article_category_id' => '99',
			'title' => 'Dragonair’s Companion Offer',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Dragonair has announced a special companion offer for passengers booking online. Passengers booking online with international credit cards can avail of this offer. Fares begin from 56000 (inclusive of taxes and surcharges) for two passengers travelling together. For four passengers travelling together the fares begin from 53000 including taxes and surcharges. The offer is available from 16 to 31 December 2013 and valid for travel from 16 December 2013 to 31 January 2014. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Dragonair currently operates daily flights from Kathmandu to Hong Kong and offers connections to more than 170 destinations around the world offered by its sister airline Cathay Pacific.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Dragonair has announced a special companion offer for passengers booking online. Passengers booking online with international credit cards can avail of this offer. Fares begin from 56000 (inclusive of taxes and surcharges) for two passengers travelling together. For four passengers travelling together the fares begin from 53000 including taxes and surcharges.',
			'sortorder' => '2143',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
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		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '2300',
			'article_category_id' => '99',
			'title' => 'Pun Wins Ballentines Monthly Medal Final',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Laxman Pun has won the title of Ballantine&acute;s Monthly Medal Final on Saturday played at the Royal Nepal Golf Club (RNGC). Pun accumulated a total of 1029 points to win the title. Neeraj SJB Rana became the runner-up with 991 points and Mithun Rai was the second runner-up with 915 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Rai also claimed the title of Ballantine&acute;s Golf Tournament played at the RNGC on the same day with 36 points. Rabin R Bijayananda finished second in count back with 34 points in the tournament. Neeraj SJB Rana was awarded the best gross with 28 points.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Laxman Pun has won the title of Ballantine´s Monthly Medal Final on Saturday played at the Royal Nepal Golf Club (RNGC). Pun accumulated a total of 1029 points to win the title. Neeraj SJB Rana became the runner-up with 991 points and Mithun Rai was the second runner-up with 915 points.',
			'sortorder' => '2142',
			'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' => '2298',
			'article_category_id' => '99',
			'title' => 'Qatar To Fly To Istanbul’s Sabiha Gokcen Airport',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Qatar Airways has announced that it will commence four-weekly passenger services to Istanbul&rsquo;s Sabiha G&ouml;k&ccedil;en Airport from 22 May 2014. SabihaG&ouml;k&ccedil;en Airport will become the airline&rsquo;s third destination in Turkey after Istanbul Ataturk Airport Ankara. The airline currently operates 10 flights-a-week to Istanbul Ataturk Airport and four-flights-week to Ankara.</div>
<div>
	&nbsp;</div>
<div>
	&quot;Turkey&rsquo;s aviation industry has experienced unprecedented growth over the past few years and we are delighted to be part of this growth,&rdquo; said Akbar Al Baker, Qatar Airways Chief Executive Officer. With the addition of Sabiha G&ouml;k&ccedil;en Airport, the number of flights to Turkey will increase from 14 to 18 frequencies each week. &nbsp;According to a statement, the airport will serve travellers from the eastern Asian side of Istanbul in addition to Ataturk Airport.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The new route will be served by an Airbus A320 in a 2 cabin configuration, offering 12 Business Class and 132 Economy Class seats. &nbsp;</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Qatar Airways has announced that it will commence four-weekly passenger services to Istanbul’s Sabiha Gökçen Airport from 22 May 2014. SabihaGökçen Airport will become the airline’s third destination in Turkey after Istanbul Ataturk Airport Ankara. The airline currently operates 10 flights-a-week to Istanbul Ataturk Airport and four-flights-week to Ankara.',
			'sortorder' => '2141',
			'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' => '2297',
			'article_category_id' => '99',
			'title' => 'Sherpa Wins SuryaNepal Gokarna Monthly Medal',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Ang Dorjee Sherpa has won the Surya Nepal Gokarna Monthly Medal played at Gokarna Golf Club on Saturday. Sherpa was declared winner on the count back as three players were tied at four under par -68. Tenzing Palden (68) finished runner-up also on the count back and Suryansh Chaudhary(68) finished third. Robin Rana bagged best gross award with the score of 81 (nine over par).&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	A total of 34 players took part in the tournament sponsored by Surya Nepal Pvt Ltd. President of Gokarna Golf Club Suhrid Ghimire gave away the prizes to the winners of the tournament. The tournament was played under stroke play format with full handicap.</div>
<div>
	&nbsp;</div>
<div>
	After the tenth edition, Babu Sherpa is on top of the leader board of the club championship with 206 points. Mahesh B Karki is second with 190 points. Ang Dorjee Sherpa and Tendi Sherpa are tied third with 160 points. Aditi Ghimire is fifth with 138 points. Ang Dendi Sherpa is at sixth position with 130 points. Daman B Ghale is seventh with 124 points. Tenzing Palden has secured eighth placewith 120 points. Brian Fawcett is at ninth with 116 points. Sonam Ongdi Lama is inside the top 10 list with 112 points.&nbsp;</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Ang Dorjee Sherpa has won the Surya Nepal Gokarna Monthly Medal played at Gokarna Golf Club on Saturday. Sherpa was declared winner on the count back as three players were tied at four under par -68. Tenzing Palden (68) finished runner-up also on the count back and Suryansh Chaudhary(68) finished third. Robin Rana bagged best gross award with the score of 81 (nine over par).',
			'sortorder' => '2140',
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	(int) 9 => array(
		'Article' => array(
			'id' => '2296',
			'article_category_id' => '99',
			'title' => 'Biruwa Organized  ‘Udhyami Bhetghat’ On Tourism',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Biruwa Ventures in association with Udhyami Impact Fund (UIF) organized a tourism-centred programme titled &lsquo;Udhyami Bhetghat&rsquo; on December 11. The main objective of the event was to assist entrepreneurs to develop their professional network and aid knowledge sharing within the Nepali entrepreneurial community. The event brought together entrepreneurs from various sectors like travel, tourism and hospitality. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the organizers, the programme&rsquo;s main objective was to foster entrepreneurial spirit in the economy. There were series of interactions among the experts and entrepreneurs belonging to different sectors. Similarly, the participants also shared their ideas and experiences with each other.</div>
<div>
	&nbsp;</div>
<div>
	There were 40 participants in the event including Rajendra Suwal, CEO, Nepal Nature dot com travels, Ujjwal Satyal, Executive Director of Nepal Academy of Tourism and Hotel Management and Kashi Raj Bhandari, Director of Planning and Monitoring, Nepal Tourism Board. The experts suggested potential sectors through which Nepal can benefit from.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Suwal said in the programme that Nepal needs to capitalize on its great culture and natural resources. He also emphasized on the development of eco-tourism. Bhandari focussed on the development of infrastructure to boost tourism in Nepal. He identified three main aspects essential for tourism development. &ldquo;Conservation of historic monument, war tourism and solving of legal hurdles are three main aspects that should be focused&rdquo;, said Bhandari. He further added that guerrilla trail has been created in Rolpa and Rukum for the study of War Tourism. Likewise, Ujjwal Satyal said that Nepal can benefit by manufacturing kitchen equipment in the country.</div>
<div>
	&nbsp;</div>
<div>
	Biruwa organizes similar programme every other month focussing on various sectors. &nbsp;</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Biruwa Ventures in association with Udhyami Impact Fund (UIF) organized a tourism-centred programme titled ‘Udhyami Bhetghat’ on December 11. The main objective of the event was to assist entrepreneurs to develop their professional network and aid knowledge sharing within the Nepali entrepreneurial community. The event brought together entrepreneurs from various sectors like travel, tourism and hospitality.',
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	(int) 10 => array(
		'Article' => array(
			'id' => '2283',
			'article_category_id' => '146',
			'title' => 'Visual Edit Vol 3 Issue 42',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Visual Edit Vol 3 Issue 42',
			'sortorder' => '2138',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '2295',
			'article_category_id' => '99',
			'title' => 'International Tourism An Engine For Economic Recovery: UNWTO',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	In the first nine months of 2013, international tourism grew by five per cent, to reach a record 845 million worldwide, according to UN World Tourism Organisation (UNWTO). It says, the number of international tourist arrivals reported by destinations around the world increased by some 41 million between January and September, growing above UNWTO&rsquo;s initial forecast and creating an important stimulus to the receiving economies. Growth was driven by Europe and Asia and the Pacific, both seeing tourist numbers increase by six per cent.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;International tourism continues to grow above expectations, supporting economic growth in both advanced and emerging economies and bringing much needed support to job creation, GDP and the balance of payments of many destinations&rdquo; said UNWTO Secretary-General, Taleb Rifai. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In Europe, the world&rsquo;s most visited region, international tourist arrivals grew by six per cent led by above-average results in Central and Eastern Europe (+7%) and Southern and Mediterranean Europe (+6%). &nbsp;Asia and the Pacific (+6%) continued to show robust results, bolstered by South-East Asia (+12%). The Americas (+3%) reported comparatively weaker results, with better performance in North America (+4%) and Central America and (+3%). In Africa (+5%) growth was fuelled by the recovery in North Africa (+6%), while the Middle East saw only a marginal increase (+0.3%).</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'In the first nine months of 2013, international tourism grew by five per cent, to reach a record 845 million worldwide, according to UN World Tourism Organisation (UNWTO). It says, the number of international tourist arrivals reported by destinations around the world increased by some 41 million between January and September, growing above UNWTO’s initial forecast and creating an important stimulus to the receiving economies.',
			'sortorder' => '2137',
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	(int) 12 => array(
		'Article' => array(
			'id' => '2294',
			'article_category_id' => '152',
			'title' => 'Types Of Shoes For Women',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	Shoes are an integral part of your overall personality. The shoes you choose to wear and the way you maintain them create great impression on others. So, we have to make them an equally important part of our wardrobe by giving special attention in choosing footwear also. Maintaining style in clothing and footwear for women is especially more concerning. The shoes have to match the dressing style and the occasion. Corresponding to this need, there are many types of women&rsquo;s shoes that vary in shapes, colours and sizes. Here are some of best trending shoe designs:&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Heels" src="/userfiles/images/f1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 69px;" />Heels</strong></span></div>
<div>
	Heels are shoes, which are elevated from the back and lift the heel above from the ground. Heels can be of different types and height. Many different types of shoes come under this category.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Flats" src="/userfiles/images/f2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Flats</strong></span></div>
<div>
	Flats are shoes that do not have heels and which do not elevate the foot from the ground. Many of the shoes fall strictly under the above-mentioned categories while some carry traits from both of them.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Pumps" src="/userfiles/images/f3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 50px;" />Pumps</strong></span></div>
<div>
	Pumps are a type of shoes, which cover the foot from the front, back, and both sides leaving the top open. Pumps can be flat or can have heels. The flat pumps are made up of micro fiber, leather or a thick cloth. They come in different colours and designs. A common type of flat pump shoe is the ballerina shoe. These are extremely flat pumps shoe used by ballet dancers. Flat pumps are very comfortable to wear and go along almost every type of clothing.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Wedge Shoes" src="/userfiles/images/f4.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 65px;" />Wedge Shoes</strong></span></div>
<div>
	Wedge shoes are highly trendy and stylish heeled shoes in which there is no gap between the sole and the front. The entire foot from front to back is elevated. The sole is usually wooden and light brown in color while the top can have many variations. Contrary to conventional heels, in which only the sole is elevated from the back and lifts only the heel of the foot, wedge lifts the entire foot. Thismakes them far more comfortable. Chance of tripping off from wedges is minimum in comparison to pointy heel shoes. They are stable and stylish and go best with all types of clothes.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Mules" src="/userfiles/images/f5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Mules</strong></span></div>
<div>
	Mules are flat or heeled shoes in which the front part of the foot is covered and the back is left open. Mules mostly have pointed toes but some can also have rounded or square toes.Mostly leather-made, these shoes are used mainly for formal purposes and go best with trousers or jeans.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Boots" src="/userfiles/images/f7.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 73px;" />Boots</strong></span></div>
<div>
	Boots are shoes that completely cover the entire foot including the top. Boots come in different varieties and can be heeled, wedged or flat. They may be short reaching till the ankles while some boots are long and extend further up to the leg towards the knees or some cases even till thighs. Boots are mostly made of leather, suede or fabric. They may or may not have laces and they can be used for both formal and non-formal purposes. Boots are mostly used during the winters. The best thing about boots is that they never have and will never go out of fashion like other types of shoes.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Shoes are an integral part of your overall personality. The shoes you choose to wear and the way you maintain them create great impression on others. So, we have to make them an equally important part of our wardrobe by giving special attention in choosing footwear also. Maintaining style in clothing and footwear for women is especially more concerning.',
			'sortorder' => '2136',
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	(int) 13 => array(
		'Article' => array(
			'id' => '2285',
			'article_category_id' => '151',
			'title' => 'KUSOM Annual Festival 2013 Concludes',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	The two days KUSOM Annual Festival (KAF) 2013, sponsored by Springwood, concluded on 7th December (Saturday). The first day of the festival was themed as &ldquo;We Care&rdquo;, which was organized at Kathmandu University School of Management (KUSOM) premises.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The day was devoted to contributing for society through different socially responsible initiatives carried out by the students such as blood donation camps, free health camps and donation programs including free ENT (Ear, Nose, and Throat) checkups, visual screening and dental camps. Along with that, clothes, books and stationary items were donated to around 20 students from SPARKS Children Home and from Patan CBR (Community Based Rehabilitation Center).</div>
<div>
	&nbsp;</div>
<div>
	Meanwhile, the 2nd day of the festival was named &ldquo;Mana-Fest&rdquo; (short for management festival). The programme consisted of 15 different inter college competitions across the Kathmandu Valley. Among the different contests, Springwood&rsquo;s &ldquo;SNAP, SHARE, WIN&rdquo; held all day. The attraction of the programme was &lsquo;Eccentric Trendsetters Fashion Show&rsquo; and Rangoli competition on the theme of &lsquo;Celebration&rsquo;.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Islington College bagged the Best College Award by winning most number of competitions and students from BBA 3rd year of KUSOM won the Best Class of KUSOM Award by winning the most number of competitions among KUSOMites (KUSOM students).</div>
<div>
	&nbsp;</div>
<div>
	Similarly, the inter college fest also saw a special performance from The Tito Satya team.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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 two days KUSOM Annual Festival (KAF) 2013, sponsored by Springwood, concluded on 7th December (Saturday). The first day of the festival was themed as “We Care”, which was organized at Kathmandu University School of Management (KUSOM) premises.',
			'sortorder' => '2135',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	(int) 14 => array(
		'Article' => array(
			'id' => '2292',
			'article_category_id' => '108',
			'title' => 'Money Matters News In Brief (16 - 22 December 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
<div>
	Nirdhan Utthan Bank Limited (NUBL) has signed an MoU with UK-based INGO, The Blueberry Hill Charitable Trust (BHCT) to implement the project &lsquo;Sustainable Access to Finance and Livelihoods in Nepal (SAFAL Nepal). The project is funded by UKaid through DFID. NUBL and BHCT will work together under a deficit-subsidy partnership model to expand financial services in remote areas of four districts- Panchthar, Doti, Dadeldhura, and Ilam. The project aims to improve the livelihoods of hill and mountain communities through sustainable access to finance linked with appropriate livelihood opportunities and local institutional strengthening. Under this partnership model, BHCT will support NUBL financially and technically for initial start-up and client capacity building; and NUBL will manage loan funds for the deficit-subsidy partnership model.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Citizens&rsquo; Branchless Banking in Jhapa</strong></span></div>
<div>
	Citizens Bank International Limited has started its 42nd branchless banking service in Shivagunj of Jhapa. According to the bank, the service is started to offer modern banking facilities to the residents in remote parts of Nepal. The bank has plans of providing at least one branchless banking service in each zone, and has informed that that the number will reach 50 in near future.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Shah&rsquo;s Tenure Extended</strong></span></div>
<div>
	Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
<div>
	Gandaki Bikas Bank Limited has started providing Mobile Banking Service to its customers. Now, the bank will be offering facilities of fund transfer through mobile, mobile recharge, phone bill payment, balance enquiry through SMS, mini statement, and new checkbook issuance among others. The bank also has been providing ATM and ABBS service.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
<div>
	The applicants of primary shares in Cosmos Development Bank exceed five times than its demand. The bank has its main branch in Gorkha. &ldquo;The bank had demanded the applications of public shares worth Rs 17.5 millions with the rate of Rs 100 per share but it has received the demands of more than Rs 110 millions,&rdquo; Rajendra Pudasaini, Marketing Manager of the bank informed. &nbsp;He said that the applications are from Kathmandu, Chitwan, Butwal, Lalitpur, Parsa, Sarlahi, Narayangarh, Lamjung along with the districts. The bank had issued shares worth 40 per cent of the total capital from December 8th to 9th.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
<div>
	Tinau Development Bank is to distribute 12 per cent of bonus share. This proposal was approved by Board of Directors during 7th Annual General Meeting of the bank. &nbsp;The AGM also has approved that the right share will be issued in the ratio of 0.25:1 of paid up capital as well as increase authorized capital and issued capital. &ldquo;After the issuance of right share, the authorized capital of the bank will be Rs 300 million, issued capital R 250 million and paid-up capital will be Rs 16.1 mllion,&rdquo; informed Pradip Kumar Shrestha, Chief Executive Officer of the bank. The AGM has also endorsed the audit report of fiscal year 2012/13, balance sheet till 2013 June and profit-loss and cash flow details.&nbsp;</div>',
			'published' => true,
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			'description' => 'Nirdhan Utthan Bank Limited (NUBL) has signed an MoU with UK-based INGO, The Blueberry Hill Charitable Trust (BHCT) to implement the project ‘Sustainable Access to Finance and Livelihoods in Nepal (SAFAL Nepal). The project is funded by UKaid through DFID. NUBL and BHCT will work together under a deficit-subsidy partnership model to expand financial services in remote areas of four districts- Panchthar, Doti, Dadeldhura, and Ilam.',
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
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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
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Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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		'Article' => array(
			'id' => '2306',
			'article_category_id' => '150',
			'title' => 'Business Briefs (16 - 22 December 2013)',
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	<span style="font-size:14px;"><strong>Coca-Cola Selects Band for Nepali FIFA Theme Song</strong></span></div>
<div>
	Coca-Cola Nepal has announced the names of three bands that will create the Nepali version of the official Coca-Cola anthem for the FIFA World Cup Trophy Tour. The names of the three bands are Kalyan Singh, Sagar Raaj and Bramhanaal Band. Coca-Cola has partnered with the popular Nepali rock band 1974 AD to collaborate with the winning bands to create the special Nepali version of the official Campaign song The World Is Ours, sung by Brazilian artists David Correy and band Monobloco.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Pashupati Paints Announces Winners &nbsp;</strong></span></div>
<div>
	Pashupati Paints has announced the silver coin winners for the 8th lucky draw of its &lsquo;Win A Home Contest&rsquo;. The unique numbers of the five winners are 3202526, 5874406, 7762516, 8013027 and 9747989. The winners are randomly selected through computerized software. Under this contest, customers buying Pashupati Paints products like Luxuria, Luxuria Ecosafe, Ex-coat, Excoat Plus and One Way worth Rs 20,000 and above receive a scratch card which has the Unique Lucky Number. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Himstar&rsquo;s New Heaters</strong></span></div>
<div>
	Him Electronics Pvt Ltd has introduced five new models of heaters in the market. &nbsp;The series includes three new small size heaters and a gas heater. The series also includes a unique heater that runs on both LPG and electricity. The company has informed that the heaters give a warning when the heater is about to go off or when the oxygen level of the room goes down.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Bajaj&rsquo;s &lsquo;Meet and Greet Paras&rsquo; Campaign</strong></span></div>
<div>
	HH Bajaj, the sole authorised distributor of Bajaj motorcycles for Nepal launched a promotional campaign named &lsquo;Meet and Greet Paras from 9 to 15 December. Under the scheme, customers purchasing Bajaj Pulsar bikes received an invitation card to meet cricketer Paras Khadka. The company has informed that other interested individuals can also participate in the event by playing a game named &lsquo;Mauka ma Chauka&rsquo; on the company&rsquo;s official facebook page. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Honda Announces Brio Winner&nbsp;</strong></span></div>
<div>
	Syakar Trading Company, the sole distributor of Honda two-wheelers in Nepal has announced the winner of its bumper draw of &lsquo;Honda Lifestyle Upgrade&rsquo; offer. The winner of the bumper draw has won a Honda Brio. The offer started on the occasion of Dashain and Tihar.&nbsp;</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Coca-Cola Nepal has announced the names of three bands that will create the Nepali version of the official Coca-Cola anthem for the FIFA World Cup Trophy Tour. The names of the three bands are Kalyan Singh, Sagar Raaj and Bramhanaal Band. Coca-Cola has partnered with the popular Nepali rock band 1974 AD to collaborate with the winning bands to create the special Nepali version of the official Campaign song The World Is Ours, sung by Brazilian artists David Correy and band Monobloco.',
			'sortorder' => '2148',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
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		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '2305',
			'article_category_id' => '115',
			'title' => 'Tech Briefs ( 16 - 22 December 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Directly on Instagram</strong></span></div>
<div>
	Instagram has introduced Instagram Direct, where users can send photo and video messages to friends. The new feature comes close on the heels of a similar feature introduced by Twitter. A new icon on the top right corner of the home feed in the Instagram apps for Android and iOS will take the user to the inbox where pictures and videos sent by people to the user will be displayed.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Spotify Announces Free Mobile Streaming</strong></span></div>
<div>
	In a long-awaited announcement, Spotify expanded its free streaming option for mobile devices on Wednesday. Until now, the music streaming company has provided a free streaming service for smartphones and tablets akin to Pandora , Rdio, and Apple&rsquo;s iTunes Radio. But picking and choosing songs to stream for free was exclusively available to PCs running Microsoft &nbsp;Windows or Apple Mac OS X. Mobile users were forced to pay $10 a month for a premium service in order to stream select music to their devices.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Google Opens First Data Centres in Asia</strong></span></div>
<div>
	Google has opened its first ever data centres in Asia as it looks to boost its growth further in the region. The move comes as a growing number of people in Asia - which is home to more than half of the world&rsquo;s population - are getting connected to the internet. Google said that having data centres in Asia will help it to provide faster and &ldquo;more reliable&rdquo; access to its tools and services to users in the region. The two new centres are based in Taiwan and Singapore.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Instagram has introduced Instagram Direct, where users can send photo and video messages to friends. The new feature comes close on the heels of a similar feature introduced by Twitter. A new icon on the top right corner of the home feed in the Instagram apps for Android and iOS will take the user to the inbox where pictures and videos sent by people to the user will be displayed.',
			'sortorder' => '2147',
			'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' => '2304',
			'article_category_id' => '116',
			'title' => 'Awkward Facebook Posts May Cause Anguish',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	Awkward Facebook posts can not only cause embarrassment, but also make some people suffer anguish and anxiety for a long time, a new study has found. Such Facebook faux pas are common, but depending on who you are and to whom you allow access to your Facebook page, such embarrassments can cause greater anguish, according to a researchers from the Northwestern University.</div>
<div>
	&nbsp;</div>
<div>
	Researchers recruited Facebook users through university websites and Craigslist. Only 15 of the 165 people surveyed had not experienced some kind of face threat in the past six months. Participants were asked to describe a recent uncomfortable Facebook experience and rate the severity of the threat on a scale of one to five.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&quot;Almost every participant in the study could describe something that happened on Facebook in the past six months that was embarrassing or made them feel awkward or uncomfortable,&quot; said Jeremy Birnholtz, one of the authors of the paper.</div>
<div>
	&nbsp;</div>
<div>
	&quot;We were interested in the strength of the emotional response to this type of encounter,&quot; said Birnholtz.</div>
<div>
	&nbsp;</div>
<div>
	&quot;Perhaps people with more Facebook experience, who know how to control settings, delete pictures and comments and untag, think they knew how to deal with these encounters or at least try to deal with them,&quot; Birnholtz said.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Awkward Facebook posts can not only cause embarrassment, but also make some people suffer anguish and anxiety for a long time, a new study has found. Such Facebook faux pas are common, but depending on who you are and to whom you allow access to your Facebook page, such embarrassments can cause greater anguish, according to a researchers from the Northwestern University.',
			'sortorder' => '2146',
			'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' => '2301',
			'article_category_id' => '99',
			'title' => 'Tourism Briefs (16 - 22 December 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Air India Resumes Plan to Join Star Alliance</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/fn5%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 109px;" />Air India will restart the process of joining the Star Alliance, two years after its previous membership bid stalled. At a board meeting held in Vienna on Friday, Star Alliance&rsquo;s member airlines unanimously agreed to recommence the integration process with India&rsquo;s national carrier. &nbsp; The Indian national carrier was originally accepted as a future member of Star Alliance in December 2007, but the integration process was halted in July 2011. Air India has experienced a difficult few years, with the Indian Airlines merger, several periods of industrial action and strong competition severely impacting its profits. The state-backed airline has also been forced to rely on several government bailouts in order to stay afloat. But recent years have shown signs of improvement for the national carrier, with pre-tax earnings returning to the black in the 2012-13 financial year, and deliveries of new aircraft, including the fuel-efficient Boeing 787 Dreamliner. (Traveldailymedia.com)</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Airlines to Make US$ 20 Billion in 2014</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/fn6%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 111px;" />The world&rsquo;s airlines will make almost US$20 billion in profits next year, according to the latest forecast from the International Air Transport Association (IATA). The figure of US$ 19.7 bn marks an upward revision from the previous full-year profit forecast of US$ 16.4 bn, and will represent 53% increase on the US$12.9bn profits the world&rsquo;s airlines are expected to make in 2013. IATA said the upward revision reflects &ldquo;lower jet fuel prices as well as improvements to the industry&rsquo;s structure and efficiency&rdquo;. Despite the positive forecast however, margins remain weak at just 2.6 % of revenues, which are forecast to total US$ 743 bn next year. (Traveldailymedia.com)</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Hotel Prices Increase for New Year&rsquo;s Eve</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/fn7%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 74px;" />Hotel prices have risen across the globe to welcome in 2014. Based on ten popular New Year&rsquo;s Eve destinations, the largest increase can be found in Brazil&rsquo;s Rio de Janeiro, according to the trivago Hotel Price Index (tHPI) reported monthly by hotel comparison site trivago.co.uk. Prices here are up by 226 per cent, from a December monthly average of &pound;130 to &pound;423 on December 31st. Like Edinburgh, Rio is famed worldwide for its New Year&rsquo;s Eve celebrations, with Copacabana Beach welcoming approximately 2.5 million visitors annually. Brazil is a popular destination for 2014 as the host country of the FIFA World Cup, with a total of 12 destinations holding matches next summer. Rio&rsquo;s Estadio de Maracana will welcome visitors to seven matches, including the final on July 13th.Other destinations showing significant increases this December 31st include Sydney, Budapest, Rome and Barcelona. (Traveldailynews.com)</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Boeing 777X Wind Tunnel Testing Under Way</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/fn8%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 77px;" />Boeing announced that low-speed wind tunnel tests have begun for the Boeing 777X, a major milestone in airplane development. Testing started on December 5 at QinetiQ&rsquo;s test facility in Farnborough, UK. Wind tunnel models allow experts to test many different configurations for the airplane. Low-speed tests measure airplane performance with a variety of high-lift surface settings to simulate takeoff and landing conditions. The low-speed model currently being tested is a 0.05 percent scale model of the baseline 777X, measuring about 4.22 meters (166 inches) long with a wing span of 3.92 meters (154 inches). Hundreds of sensors are embedded in the model to measure pressure to determine the in-flight loads as well as provide valuable diagnostics of the aerodynamic performance of a given design. (Traveldailynews.com)</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Air India will restart the process of joining the Star Alliance, two years after its previous membership bid stalled. At a board meeting held in Vienna on Friday, Star Alliance’s member airlines unanimously agreed to recommence the integration process with India’s national carrier.   The Indian national carrier was originally accepted as a future member of Star Alliance in December 2007, but the integration process was halted in July 2011.',
			'sortorder' => '2145',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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			'user_id' => '0'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '2268',
			'article_category_id' => '91',
			'title' => 'USD 805 Mln Drained From Nepal Annually: Study',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Corespondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Illicit financial flow from Nepal between 2002 and 2011 has reached an average of USD 805 million per year, a latest international report revealed. According to the US-based Global Financial Integrity (GIF), crime, corruption and tax evasion are the main reason for the illegal transfer of money from the country. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The report entitled, &ldquo;Illicit Financial Flows from Developing Countries: 2002-2011&rdquo; has ranked Nepal in the 66th position out of 144 countries. The latest publication is the third reportfrom the global watchdog regarding the illegal capital outflow from the developing nations. This year&rsquo;s report marked the worsening situation of illegal outflow of money from the country. In 2008 and 2012, Nepal ranked 60th and 58th respectively. Nepal lost highest amount of money in 2009 and 2010 from crime, corruption, tax evasion and other dodgy businesses. In those two consecutive years, USD 1,552 million and USD 1885 million was taken out from the country illegally. However, in 2011, the amount dropped to USD 651 million, the report says.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	GFI evaluated and estimated the illicit financial flow across the international borders under two broad categories - Hot Money Narrow (HMN) and Gross Excluding Reversals (GER).&rdquo; The first, HMN, looks at money that has disappeared from the balance of payments which is likely to represent kickbacks, bribery, and other forms of unrecorded wire transactions. HMN accounts for about 20.3% of estimated illicit financial flows,&rdquo; informed the report adding,&rdquo; The second, GER, looks at trade misinvoicing, a common method used by commercial entities for the cross-border movement of illegal money.&rdquo; The report finds that developing countries lost USD 946.7 billion in illicit outflows in 2011, an increase of 13.7% over the USD 832.4 billion that flowed out of developing countries in 2010. The 2011 outflows are the highest on record over the decade.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, developing countries lost USD 590.0 billion per annum on average through illicit outflows over the decade ending 2011.</div>
<div>
	&nbsp;</div>
<div>
	Cumulatively, developing nations lost staggering USD 5.9 trillion worth of money to illicit outflows between 2002 and 2011. Asia accounted for 39.6% of total illicit flows from the developing world followed by developing Europe (21.5%), the Western Hemisphere (19.6%), the Middle East and North Africa (11.2%), and Sub-Saharan Africa (7.7%). &ldquo;Illicit outflows averaged roughly 4.0% of GDP per year from all developing countries over the decade,&rdquo; says the report.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the report, China continued to lead the world in illicit outflows over the decade&mdash;losing USD 1.08 trillion from 2002-2011.Meanwhile, Russia ranked 2nd in the report,leading the world in 2011 with USD 191.1 billion in illegal capital flight. Similarly, India ranked 5th, losing USD 344 billion over the past decade. Mexico and Saudi Arabia were ranked 3rd and 4th respectively. In South Asia, Bhutan was the lowest ranking country (138th). After India, Bangladesh (47th) was the second country in the region facing the worsening situation of illicit financial flow. Afghanistan (86th), Sri Lanka (102nd), Pakistan (117th) and Maldives (123rd), meanwhile, performed relatively better in the region.</div>',
			'published' => true,
			'created' => '2013-12-16',
			'modified' => '2013-12-17',
			'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' => 'Illicit financial flow from Nepal between 2002 and 2011 has reached an average of USD 805 million per year, a latest international report revealed. According to the US-based Global Financial Integrity (GIF), crime, corruption and tax evasion are the main reason for the illegal transfer of money from the country.',
			'sortorder' => '2144',
			'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' => '2299',
			'article_category_id' => '99',
			'title' => 'Dragonair’s Companion Offer',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Dragonair has announced a special companion offer for passengers booking online. Passengers booking online with international credit cards can avail of this offer. Fares begin from 56000 (inclusive of taxes and surcharges) for two passengers travelling together. For four passengers travelling together the fares begin from 53000 including taxes and surcharges. The offer is available from 16 to 31 December 2013 and valid for travel from 16 December 2013 to 31 January 2014. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Dragonair currently operates daily flights from Kathmandu to Hong Kong and offers connections to more than 170 destinations around the world offered by its sister airline Cathay Pacific.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Dragonair has announced a special companion offer for passengers booking online. Passengers booking online with international credit cards can avail of this offer. Fares begin from 56000 (inclusive of taxes and surcharges) for two passengers travelling together. For four passengers travelling together the fares begin from 53000 including taxes and surcharges.',
			'sortorder' => '2143',
			'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' => '2300',
			'article_category_id' => '99',
			'title' => 'Pun Wins Ballentines Monthly Medal Final',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Laxman Pun has won the title of Ballantine&acute;s Monthly Medal Final on Saturday played at the Royal Nepal Golf Club (RNGC). Pun accumulated a total of 1029 points to win the title. Neeraj SJB Rana became the runner-up with 991 points and Mithun Rai was the second runner-up with 915 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Rai also claimed the title of Ballantine&acute;s Golf Tournament played at the RNGC on the same day with 36 points. Rabin R Bijayananda finished second in count back with 34 points in the tournament. Neeraj SJB Rana was awarded the best gross with 28 points.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Laxman Pun has won the title of Ballantine´s Monthly Medal Final on Saturday played at the Royal Nepal Golf Club (RNGC). Pun accumulated a total of 1029 points to win the title. Neeraj SJB Rana became the runner-up with 991 points and Mithun Rai was the second runner-up with 915 points.',
			'sortorder' => '2142',
			'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' => '2298',
			'article_category_id' => '99',
			'title' => 'Qatar To Fly To Istanbul’s Sabiha Gokcen Airport',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Qatar Airways has announced that it will commence four-weekly passenger services to Istanbul&rsquo;s Sabiha G&ouml;k&ccedil;en Airport from 22 May 2014. SabihaG&ouml;k&ccedil;en Airport will become the airline&rsquo;s third destination in Turkey after Istanbul Ataturk Airport Ankara. The airline currently operates 10 flights-a-week to Istanbul Ataturk Airport and four-flights-week to Ankara.</div>
<div>
	&nbsp;</div>
<div>
	&quot;Turkey&rsquo;s aviation industry has experienced unprecedented growth over the past few years and we are delighted to be part of this growth,&rdquo; said Akbar Al Baker, Qatar Airways Chief Executive Officer. With the addition of Sabiha G&ouml;k&ccedil;en Airport, the number of flights to Turkey will increase from 14 to 18 frequencies each week. &nbsp;According to a statement, the airport will serve travellers from the eastern Asian side of Istanbul in addition to Ataturk Airport.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The new route will be served by an Airbus A320 in a 2 cabin configuration, offering 12 Business Class and 132 Economy Class seats. &nbsp;</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Qatar Airways has announced that it will commence four-weekly passenger services to Istanbul’s Sabiha Gökçen Airport from 22 May 2014. SabihaGökçen Airport will become the airline’s third destination in Turkey after Istanbul Ataturk Airport Ankara. The airline currently operates 10 flights-a-week to Istanbul Ataturk Airport and four-flights-week to Ankara.',
			'sortorder' => '2141',
			'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' => '2297',
			'article_category_id' => '99',
			'title' => 'Sherpa Wins SuryaNepal Gokarna Monthly Medal',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Ang Dorjee Sherpa has won the Surya Nepal Gokarna Monthly Medal played at Gokarna Golf Club on Saturday. Sherpa was declared winner on the count back as three players were tied at four under par -68. Tenzing Palden (68) finished runner-up also on the count back and Suryansh Chaudhary(68) finished third. Robin Rana bagged best gross award with the score of 81 (nine over par).&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	A total of 34 players took part in the tournament sponsored by Surya Nepal Pvt Ltd. President of Gokarna Golf Club Suhrid Ghimire gave away the prizes to the winners of the tournament. The tournament was played under stroke play format with full handicap.</div>
<div>
	&nbsp;</div>
<div>
	After the tenth edition, Babu Sherpa is on top of the leader board of the club championship with 206 points. Mahesh B Karki is second with 190 points. Ang Dorjee Sherpa and Tendi Sherpa are tied third with 160 points. Aditi Ghimire is fifth with 138 points. Ang Dendi Sherpa is at sixth position with 130 points. Daman B Ghale is seventh with 124 points. Tenzing Palden has secured eighth placewith 120 points. Brian Fawcett is at ninth with 116 points. Sonam Ongdi Lama is inside the top 10 list with 112 points.&nbsp;</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Ang Dorjee Sherpa has won the Surya Nepal Gokarna Monthly Medal played at Gokarna Golf Club on Saturday. Sherpa was declared winner on the count back as three players were tied at four under par -68. Tenzing Palden (68) finished runner-up also on the count back and Suryansh Chaudhary(68) finished third. Robin Rana bagged best gross award with the score of 81 (nine over par).',
			'sortorder' => '2140',
			'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' => '2296',
			'article_category_id' => '99',
			'title' => 'Biruwa Organized  ‘Udhyami Bhetghat’ On Tourism',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Biruwa Ventures in association with Udhyami Impact Fund (UIF) organized a tourism-centred programme titled &lsquo;Udhyami Bhetghat&rsquo; on December 11. The main objective of the event was to assist entrepreneurs to develop their professional network and aid knowledge sharing within the Nepali entrepreneurial community. The event brought together entrepreneurs from various sectors like travel, tourism and hospitality. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the organizers, the programme&rsquo;s main objective was to foster entrepreneurial spirit in the economy. There were series of interactions among the experts and entrepreneurs belonging to different sectors. Similarly, the participants also shared their ideas and experiences with each other.</div>
<div>
	&nbsp;</div>
<div>
	There were 40 participants in the event including Rajendra Suwal, CEO, Nepal Nature dot com travels, Ujjwal Satyal, Executive Director of Nepal Academy of Tourism and Hotel Management and Kashi Raj Bhandari, Director of Planning and Monitoring, Nepal Tourism Board. The experts suggested potential sectors through which Nepal can benefit from.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Suwal said in the programme that Nepal needs to capitalize on its great culture and natural resources. He also emphasized on the development of eco-tourism. Bhandari focussed on the development of infrastructure to boost tourism in Nepal. He identified three main aspects essential for tourism development. &ldquo;Conservation of historic monument, war tourism and solving of legal hurdles are three main aspects that should be focused&rdquo;, said Bhandari. He further added that guerrilla trail has been created in Rolpa and Rukum for the study of War Tourism. Likewise, Ujjwal Satyal said that Nepal can benefit by manufacturing kitchen equipment in the country.</div>
<div>
	&nbsp;</div>
<div>
	Biruwa organizes similar programme every other month focussing on various sectors. &nbsp;</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Biruwa Ventures in association with Udhyami Impact Fund (UIF) organized a tourism-centred programme titled ‘Udhyami Bhetghat’ on December 11. The main objective of the event was to assist entrepreneurs to develop their professional network and aid knowledge sharing within the Nepali entrepreneurial community. The event brought together entrepreneurs from various sectors like travel, tourism and hospitality.',
			'sortorder' => '2139',
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	(int) 10 => array(
		'Article' => array(
			'id' => '2283',
			'article_category_id' => '146',
			'title' => 'Visual Edit Vol 3 Issue 42',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Visual Edit Vol 3 Issue 42',
			'sortorder' => '2138',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '2295',
			'article_category_id' => '99',
			'title' => 'International Tourism An Engine For Economic Recovery: UNWTO',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	In the first nine months of 2013, international tourism grew by five per cent, to reach a record 845 million worldwide, according to UN World Tourism Organisation (UNWTO). It says, the number of international tourist arrivals reported by destinations around the world increased by some 41 million between January and September, growing above UNWTO&rsquo;s initial forecast and creating an important stimulus to the receiving economies. Growth was driven by Europe and Asia and the Pacific, both seeing tourist numbers increase by six per cent.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;International tourism continues to grow above expectations, supporting economic growth in both advanced and emerging economies and bringing much needed support to job creation, GDP and the balance of payments of many destinations&rdquo; said UNWTO Secretary-General, Taleb Rifai. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In Europe, the world&rsquo;s most visited region, international tourist arrivals grew by six per cent led by above-average results in Central and Eastern Europe (+7%) and Southern and Mediterranean Europe (+6%). &nbsp;Asia and the Pacific (+6%) continued to show robust results, bolstered by South-East Asia (+12%). The Americas (+3%) reported comparatively weaker results, with better performance in North America (+4%) and Central America and (+3%). In Africa (+5%) growth was fuelled by the recovery in North Africa (+6%), while the Middle East saw only a marginal increase (+0.3%).</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'In the first nine months of 2013, international tourism grew by five per cent, to reach a record 845 million worldwide, according to UN World Tourism Organisation (UNWTO). It says, the number of international tourist arrivals reported by destinations around the world increased by some 41 million between January and September, growing above UNWTO’s initial forecast and creating an important stimulus to the receiving economies.',
			'sortorder' => '2137',
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	(int) 12 => array(
		'Article' => array(
			'id' => '2294',
			'article_category_id' => '152',
			'title' => 'Types Of Shoes For Women',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	Shoes are an integral part of your overall personality. The shoes you choose to wear and the way you maintain them create great impression on others. So, we have to make them an equally important part of our wardrobe by giving special attention in choosing footwear also. Maintaining style in clothing and footwear for women is especially more concerning. The shoes have to match the dressing style and the occasion. Corresponding to this need, there are many types of women&rsquo;s shoes that vary in shapes, colours and sizes. Here are some of best trending shoe designs:&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Heels" src="/userfiles/images/f1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 69px;" />Heels</strong></span></div>
<div>
	Heels are shoes, which are elevated from the back and lift the heel above from the ground. Heels can be of different types and height. Many different types of shoes come under this category.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Flats" src="/userfiles/images/f2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Flats</strong></span></div>
<div>
	Flats are shoes that do not have heels and which do not elevate the foot from the ground. Many of the shoes fall strictly under the above-mentioned categories while some carry traits from both of them.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Pumps" src="/userfiles/images/f3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 50px;" />Pumps</strong></span></div>
<div>
	Pumps are a type of shoes, which cover the foot from the front, back, and both sides leaving the top open. Pumps can be flat or can have heels. The flat pumps are made up of micro fiber, leather or a thick cloth. They come in different colours and designs. A common type of flat pump shoe is the ballerina shoe. These are extremely flat pumps shoe used by ballet dancers. Flat pumps are very comfortable to wear and go along almost every type of clothing.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Wedge Shoes" src="/userfiles/images/f4.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 65px;" />Wedge Shoes</strong></span></div>
<div>
	Wedge shoes are highly trendy and stylish heeled shoes in which there is no gap between the sole and the front. The entire foot from front to back is elevated. The sole is usually wooden and light brown in color while the top can have many variations. Contrary to conventional heels, in which only the sole is elevated from the back and lifts only the heel of the foot, wedge lifts the entire foot. Thismakes them far more comfortable. Chance of tripping off from wedges is minimum in comparison to pointy heel shoes. They are stable and stylish and go best with all types of clothes.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Mules" src="/userfiles/images/f5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Mules</strong></span></div>
<div>
	Mules are flat or heeled shoes in which the front part of the foot is covered and the back is left open. Mules mostly have pointed toes but some can also have rounded or square toes.Mostly leather-made, these shoes are used mainly for formal purposes and go best with trousers or jeans.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Boots" src="/userfiles/images/f7.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 73px;" />Boots</strong></span></div>
<div>
	Boots are shoes that completely cover the entire foot including the top. Boots come in different varieties and can be heeled, wedged or flat. They may be short reaching till the ankles while some boots are long and extend further up to the leg towards the knees or some cases even till thighs. Boots are mostly made of leather, suede or fabric. They may or may not have laces and they can be used for both formal and non-formal purposes. Boots are mostly used during the winters. The best thing about boots is that they never have and will never go out of fashion like other types of shoes.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Shoes are an integral part of your overall personality. The shoes you choose to wear and the way you maintain them create great impression on others. So, we have to make them an equally important part of our wardrobe by giving special attention in choosing footwear also. Maintaining style in clothing and footwear for women is especially more concerning.',
			'sortorder' => '2136',
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		'Article' => array(
			'id' => '2285',
			'article_category_id' => '151',
			'title' => 'KUSOM Annual Festival 2013 Concludes',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	The two days KUSOM Annual Festival (KAF) 2013, sponsored by Springwood, concluded on 7th December (Saturday). The first day of the festival was themed as &ldquo;We Care&rdquo;, which was organized at Kathmandu University School of Management (KUSOM) premises.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The day was devoted to contributing for society through different socially responsible initiatives carried out by the students such as blood donation camps, free health camps and donation programs including free ENT (Ear, Nose, and Throat) checkups, visual screening and dental camps. Along with that, clothes, books and stationary items were donated to around 20 students from SPARKS Children Home and from Patan CBR (Community Based Rehabilitation Center).</div>
<div>
	&nbsp;</div>
<div>
	Meanwhile, the 2nd day of the festival was named &ldquo;Mana-Fest&rdquo; (short for management festival). The programme consisted of 15 different inter college competitions across the Kathmandu Valley. Among the different contests, Springwood&rsquo;s &ldquo;SNAP, SHARE, WIN&rdquo; held all day. The attraction of the programme was &lsquo;Eccentric Trendsetters Fashion Show&rsquo; and Rangoli competition on the theme of &lsquo;Celebration&rsquo;.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Islington College bagged the Best College Award by winning most number of competitions and students from BBA 3rd year of KUSOM won the Best Class of KUSOM Award by winning the most number of competitions among KUSOMites (KUSOM students).</div>
<div>
	&nbsp;</div>
<div>
	Similarly, the inter college fest also saw a special performance from The Tito Satya team.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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 two days KUSOM Annual Festival (KAF) 2013, sponsored by Springwood, concluded on 7th December (Saturday). The first day of the festival was themed as “We Care”, which was organized at Kathmandu University School of Management (KUSOM) premises.',
			'sortorder' => '2135',
			'image' => null,
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	(int) 14 => array(
		'Article' => array(
			'id' => '2292',
			'article_category_id' => '108',
			'title' => 'Money Matters News In Brief (16 - 22 December 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
<div>
	Nirdhan Utthan Bank Limited (NUBL) has signed an MoU with UK-based INGO, The Blueberry Hill Charitable Trust (BHCT) to implement the project &lsquo;Sustainable Access to Finance and Livelihoods in Nepal (SAFAL Nepal). The project is funded by UKaid through DFID. NUBL and BHCT will work together under a deficit-subsidy partnership model to expand financial services in remote areas of four districts- Panchthar, Doti, Dadeldhura, and Ilam. The project aims to improve the livelihoods of hill and mountain communities through sustainable access to finance linked with appropriate livelihood opportunities and local institutional strengthening. Under this partnership model, BHCT will support NUBL financially and technically for initial start-up and client capacity building; and NUBL will manage loan funds for the deficit-subsidy partnership model.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Citizens&rsquo; Branchless Banking in Jhapa</strong></span></div>
<div>
	Citizens Bank International Limited has started its 42nd branchless banking service in Shivagunj of Jhapa. According to the bank, the service is started to offer modern banking facilities to the residents in remote parts of Nepal. The bank has plans of providing at least one branchless banking service in each zone, and has informed that that the number will reach 50 in near future.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Shah&rsquo;s Tenure Extended</strong></span></div>
<div>
	Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
<div>
	Gandaki Bikas Bank Limited has started providing Mobile Banking Service to its customers. Now, the bank will be offering facilities of fund transfer through mobile, mobile recharge, phone bill payment, balance enquiry through SMS, mini statement, and new checkbook issuance among others. The bank also has been providing ATM and ABBS service.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
<div>
	The applicants of primary shares in Cosmos Development Bank exceed five times than its demand. The bank has its main branch in Gorkha. &ldquo;The bank had demanded the applications of public shares worth Rs 17.5 millions with the rate of Rs 100 per share but it has received the demands of more than Rs 110 millions,&rdquo; Rajendra Pudasaini, Marketing Manager of the bank informed. &nbsp;He said that the applications are from Kathmandu, Chitwan, Butwal, Lalitpur, Parsa, Sarlahi, Narayangarh, Lamjung along with the districts. The bank had issued shares worth 40 per cent of the total capital from December 8th to 9th.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
<div>
	Tinau Development Bank is to distribute 12 per cent of bonus share. This proposal was approved by Board of Directors during 7th Annual General Meeting of the bank. &nbsp;The AGM also has approved that the right share will be issued in the ratio of 0.25:1 of paid up capital as well as increase authorized capital and issued capital. &ldquo;After the issuance of right share, the authorized capital of the bank will be Rs 300 million, issued capital R 250 million and paid-up capital will be Rs 16.1 mllion,&rdquo; informed Pradip Kumar Shrestha, Chief Executive Officer of the bank. The AGM has also endorsed the audit report of fiscal year 2012/13, balance sheet till 2013 June and profit-loss and cash flow details.&nbsp;</div>',
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			'description' => 'Nirdhan Utthan Bank Limited (NUBL) has signed an MoU with UK-based INGO, The Blueberry Hill Charitable Trust (BHCT) to implement the project ‘Sustainable Access to Finance and Livelihoods in Nepal (SAFAL Nepal). The project is funded by UKaid through DFID. NUBL and BHCT will work together under a deficit-subsidy partnership model to expand financial services in remote areas of four districts- Panchthar, Doti, Dadeldhura, and Ilam.',
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Code Context
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			'id' => '2306',
			'article_category_id' => '150',
			'title' => 'Business Briefs (16 - 22 December 2013)',
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	<span style="font-size:14px;"><strong>Coca-Cola Selects Band for Nepali FIFA Theme Song</strong></span></div>
<div>
	Coca-Cola Nepal has announced the names of three bands that will create the Nepali version of the official Coca-Cola anthem for the FIFA World Cup Trophy Tour. The names of the three bands are Kalyan Singh, Sagar Raaj and Bramhanaal Band. Coca-Cola has partnered with the popular Nepali rock band 1974 AD to collaborate with the winning bands to create the special Nepali version of the official Campaign song The World Is Ours, sung by Brazilian artists David Correy and band Monobloco.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Pashupati Paints Announces Winners &nbsp;</strong></span></div>
<div>
	Pashupati Paints has announced the silver coin winners for the 8th lucky draw of its &lsquo;Win A Home Contest&rsquo;. The unique numbers of the five winners are 3202526, 5874406, 7762516, 8013027 and 9747989. The winners are randomly selected through computerized software. Under this contest, customers buying Pashupati Paints products like Luxuria, Luxuria Ecosafe, Ex-coat, Excoat Plus and One Way worth Rs 20,000 and above receive a scratch card which has the Unique Lucky Number. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Himstar&rsquo;s New Heaters</strong></span></div>
<div>
	Him Electronics Pvt Ltd has introduced five new models of heaters in the market. &nbsp;The series includes three new small size heaters and a gas heater. The series also includes a unique heater that runs on both LPG and electricity. The company has informed that the heaters give a warning when the heater is about to go off or when the oxygen level of the room goes down.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Bajaj&rsquo;s &lsquo;Meet and Greet Paras&rsquo; Campaign</strong></span></div>
<div>
	HH Bajaj, the sole authorised distributor of Bajaj motorcycles for Nepal launched a promotional campaign named &lsquo;Meet and Greet Paras from 9 to 15 December. Under the scheme, customers purchasing Bajaj Pulsar bikes received an invitation card to meet cricketer Paras Khadka. The company has informed that other interested individuals can also participate in the event by playing a game named &lsquo;Mauka ma Chauka&rsquo; on the company&rsquo;s official facebook page. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Honda Announces Brio Winner&nbsp;</strong></span></div>
<div>
	Syakar Trading Company, the sole distributor of Honda two-wheelers in Nepal has announced the winner of its bumper draw of &lsquo;Honda Lifestyle Upgrade&rsquo; offer. The winner of the bumper draw has won a Honda Brio. The offer started on the occasion of Dashain and Tihar.&nbsp;</div>',
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			'created' => '2013-12-17',
			'modified' => '2013-12-17',
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			'description' => 'Coca-Cola Nepal has announced the names of three bands that will create the Nepali version of the official Coca-Cola anthem for the FIFA World Cup Trophy Tour. The names of the three bands are Kalyan Singh, Sagar Raaj and Bramhanaal Band. Coca-Cola has partnered with the popular Nepali rock band 1974 AD to collaborate with the winning bands to create the special Nepali version of the official Campaign song The World Is Ours, sung by Brazilian artists David Correy and band Monobloco.',
			'sortorder' => '2148',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	),
	(int) 1 => array(
		'Article' => array(
			'id' => '2305',
			'article_category_id' => '115',
			'title' => 'Tech Briefs ( 16 - 22 December 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Directly on Instagram</strong></span></div>
<div>
	Instagram has introduced Instagram Direct, where users can send photo and video messages to friends. The new feature comes close on the heels of a similar feature introduced by Twitter. A new icon on the top right corner of the home feed in the Instagram apps for Android and iOS will take the user to the inbox where pictures and videos sent by people to the user will be displayed.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Spotify Announces Free Mobile Streaming</strong></span></div>
<div>
	In a long-awaited announcement, Spotify expanded its free streaming option for mobile devices on Wednesday. Until now, the music streaming company has provided a free streaming service for smartphones and tablets akin to Pandora , Rdio, and Apple&rsquo;s iTunes Radio. But picking and choosing songs to stream for free was exclusively available to PCs running Microsoft &nbsp;Windows or Apple Mac OS X. Mobile users were forced to pay $10 a month for a premium service in order to stream select music to their devices.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Google Opens First Data Centres in Asia</strong></span></div>
<div>
	Google has opened its first ever data centres in Asia as it looks to boost its growth further in the region. The move comes as a growing number of people in Asia - which is home to more than half of the world&rsquo;s population - are getting connected to the internet. Google said that having data centres in Asia will help it to provide faster and &ldquo;more reliable&rdquo; access to its tools and services to users in the region. The two new centres are based in Taiwan and Singapore.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Instagram has introduced Instagram Direct, where users can send photo and video messages to friends. The new feature comes close on the heels of a similar feature introduced by Twitter. A new icon on the top right corner of the home feed in the Instagram apps for Android and iOS will take the user to the inbox where pictures and videos sent by people to the user will be displayed.',
			'sortorder' => '2147',
			'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' => '2304',
			'article_category_id' => '116',
			'title' => 'Awkward Facebook Posts May Cause Anguish',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	Awkward Facebook posts can not only cause embarrassment, but also make some people suffer anguish and anxiety for a long time, a new study has found. Such Facebook faux pas are common, but depending on who you are and to whom you allow access to your Facebook page, such embarrassments can cause greater anguish, according to a researchers from the Northwestern University.</div>
<div>
	&nbsp;</div>
<div>
	Researchers recruited Facebook users through university websites and Craigslist. Only 15 of the 165 people surveyed had not experienced some kind of face threat in the past six months. Participants were asked to describe a recent uncomfortable Facebook experience and rate the severity of the threat on a scale of one to five.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&quot;Almost every participant in the study could describe something that happened on Facebook in the past six months that was embarrassing or made them feel awkward or uncomfortable,&quot; said Jeremy Birnholtz, one of the authors of the paper.</div>
<div>
	&nbsp;</div>
<div>
	&quot;We were interested in the strength of the emotional response to this type of encounter,&quot; said Birnholtz.</div>
<div>
	&nbsp;</div>
<div>
	&quot;Perhaps people with more Facebook experience, who know how to control settings, delete pictures and comments and untag, think they knew how to deal with these encounters or at least try to deal with them,&quot; Birnholtz said.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Awkward Facebook posts can not only cause embarrassment, but also make some people suffer anguish and anxiety for a long time, a new study has found. Such Facebook faux pas are common, but depending on who you are and to whom you allow access to your Facebook page, such embarrassments can cause greater anguish, according to a researchers from the Northwestern University.',
			'sortorder' => '2146',
			'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' => '2301',
			'article_category_id' => '99',
			'title' => 'Tourism Briefs (16 - 22 December 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Air India Resumes Plan to Join Star Alliance</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/fn5%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 109px;" />Air India will restart the process of joining the Star Alliance, two years after its previous membership bid stalled. At a board meeting held in Vienna on Friday, Star Alliance&rsquo;s member airlines unanimously agreed to recommence the integration process with India&rsquo;s national carrier. &nbsp; The Indian national carrier was originally accepted as a future member of Star Alliance in December 2007, but the integration process was halted in July 2011. Air India has experienced a difficult few years, with the Indian Airlines merger, several periods of industrial action and strong competition severely impacting its profits. The state-backed airline has also been forced to rely on several government bailouts in order to stay afloat. But recent years have shown signs of improvement for the national carrier, with pre-tax earnings returning to the black in the 2012-13 financial year, and deliveries of new aircraft, including the fuel-efficient Boeing 787 Dreamliner. (Traveldailymedia.com)</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Airlines to Make US$ 20 Billion in 2014</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/fn6%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 111px;" />The world&rsquo;s airlines will make almost US$20 billion in profits next year, according to the latest forecast from the International Air Transport Association (IATA). The figure of US$ 19.7 bn marks an upward revision from the previous full-year profit forecast of US$ 16.4 bn, and will represent 53% increase on the US$12.9bn profits the world&rsquo;s airlines are expected to make in 2013. IATA said the upward revision reflects &ldquo;lower jet fuel prices as well as improvements to the industry&rsquo;s structure and efficiency&rdquo;. Despite the positive forecast however, margins remain weak at just 2.6 % of revenues, which are forecast to total US$ 743 bn next year. (Traveldailymedia.com)</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Hotel Prices Increase for New Year&rsquo;s Eve</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/fn7%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 74px;" />Hotel prices have risen across the globe to welcome in 2014. Based on ten popular New Year&rsquo;s Eve destinations, the largest increase can be found in Brazil&rsquo;s Rio de Janeiro, according to the trivago Hotel Price Index (tHPI) reported monthly by hotel comparison site trivago.co.uk. Prices here are up by 226 per cent, from a December monthly average of &pound;130 to &pound;423 on December 31st. Like Edinburgh, Rio is famed worldwide for its New Year&rsquo;s Eve celebrations, with Copacabana Beach welcoming approximately 2.5 million visitors annually. Brazil is a popular destination for 2014 as the host country of the FIFA World Cup, with a total of 12 destinations holding matches next summer. Rio&rsquo;s Estadio de Maracana will welcome visitors to seven matches, including the final on July 13th.Other destinations showing significant increases this December 31st include Sydney, Budapest, Rome and Barcelona. (Traveldailynews.com)</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Boeing 777X Wind Tunnel Testing Under Way</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/fn8%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 77px;" />Boeing announced that low-speed wind tunnel tests have begun for the Boeing 777X, a major milestone in airplane development. Testing started on December 5 at QinetiQ&rsquo;s test facility in Farnborough, UK. Wind tunnel models allow experts to test many different configurations for the airplane. Low-speed tests measure airplane performance with a variety of high-lift surface settings to simulate takeoff and landing conditions. The low-speed model currently being tested is a 0.05 percent scale model of the baseline 777X, measuring about 4.22 meters (166 inches) long with a wing span of 3.92 meters (154 inches). Hundreds of sensors are embedded in the model to measure pressure to determine the in-flight loads as well as provide valuable diagnostics of the aerodynamic performance of a given design. (Traveldailynews.com)</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Air India will restart the process of joining the Star Alliance, two years after its previous membership bid stalled. At a board meeting held in Vienna on Friday, Star Alliance’s member airlines unanimously agreed to recommence the integration process with India’s national carrier.   The Indian national carrier was originally accepted as a future member of Star Alliance in December 2007, but the integration process was halted in July 2011.',
			'sortorder' => '2145',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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			'user_id' => '0'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '2268',
			'article_category_id' => '91',
			'title' => 'USD 805 Mln Drained From Nepal Annually: Study',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Corespondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Illicit financial flow from Nepal between 2002 and 2011 has reached an average of USD 805 million per year, a latest international report revealed. According to the US-based Global Financial Integrity (GIF), crime, corruption and tax evasion are the main reason for the illegal transfer of money from the country. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The report entitled, &ldquo;Illicit Financial Flows from Developing Countries: 2002-2011&rdquo; has ranked Nepal in the 66th position out of 144 countries. The latest publication is the third reportfrom the global watchdog regarding the illegal capital outflow from the developing nations. This year&rsquo;s report marked the worsening situation of illegal outflow of money from the country. In 2008 and 2012, Nepal ranked 60th and 58th respectively. Nepal lost highest amount of money in 2009 and 2010 from crime, corruption, tax evasion and other dodgy businesses. In those two consecutive years, USD 1,552 million and USD 1885 million was taken out from the country illegally. However, in 2011, the amount dropped to USD 651 million, the report says.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	GFI evaluated and estimated the illicit financial flow across the international borders under two broad categories - Hot Money Narrow (HMN) and Gross Excluding Reversals (GER).&rdquo; The first, HMN, looks at money that has disappeared from the balance of payments which is likely to represent kickbacks, bribery, and other forms of unrecorded wire transactions. HMN accounts for about 20.3% of estimated illicit financial flows,&rdquo; informed the report adding,&rdquo; The second, GER, looks at trade misinvoicing, a common method used by commercial entities for the cross-border movement of illegal money.&rdquo; The report finds that developing countries lost USD 946.7 billion in illicit outflows in 2011, an increase of 13.7% over the USD 832.4 billion that flowed out of developing countries in 2010. The 2011 outflows are the highest on record over the decade.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, developing countries lost USD 590.0 billion per annum on average through illicit outflows over the decade ending 2011.</div>
<div>
	&nbsp;</div>
<div>
	Cumulatively, developing nations lost staggering USD 5.9 trillion worth of money to illicit outflows between 2002 and 2011. Asia accounted for 39.6% of total illicit flows from the developing world followed by developing Europe (21.5%), the Western Hemisphere (19.6%), the Middle East and North Africa (11.2%), and Sub-Saharan Africa (7.7%). &ldquo;Illicit outflows averaged roughly 4.0% of GDP per year from all developing countries over the decade,&rdquo; says the report.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the report, China continued to lead the world in illicit outflows over the decade&mdash;losing USD 1.08 trillion from 2002-2011.Meanwhile, Russia ranked 2nd in the report,leading the world in 2011 with USD 191.1 billion in illegal capital flight. Similarly, India ranked 5th, losing USD 344 billion over the past decade. Mexico and Saudi Arabia were ranked 3rd and 4th respectively. In South Asia, Bhutan was the lowest ranking country (138th). After India, Bangladesh (47th) was the second country in the region facing the worsening situation of illicit financial flow. Afghanistan (86th), Sri Lanka (102nd), Pakistan (117th) and Maldives (123rd), meanwhile, performed relatively better in the region.</div>',
			'published' => true,
			'created' => '2013-12-16',
			'modified' => '2013-12-17',
			'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' => 'Illicit financial flow from Nepal between 2002 and 2011 has reached an average of USD 805 million per year, a latest international report revealed. According to the US-based Global Financial Integrity (GIF), crime, corruption and tax evasion are the main reason for the illegal transfer of money from the country.',
			'sortorder' => '2144',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '2299',
			'article_category_id' => '99',
			'title' => 'Dragonair’s Companion Offer',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Dragonair has announced a special companion offer for passengers booking online. Passengers booking online with international credit cards can avail of this offer. Fares begin from 56000 (inclusive of taxes and surcharges) for two passengers travelling together. For four passengers travelling together the fares begin from 53000 including taxes and surcharges. The offer is available from 16 to 31 December 2013 and valid for travel from 16 December 2013 to 31 January 2014. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Dragonair currently operates daily flights from Kathmandu to Hong Kong and offers connections to more than 170 destinations around the world offered by its sister airline Cathay Pacific.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Dragonair has announced a special companion offer for passengers booking online. Passengers booking online with international credit cards can avail of this offer. Fares begin from 56000 (inclusive of taxes and surcharges) for two passengers travelling together. For four passengers travelling together the fares begin from 53000 including taxes and surcharges.',
			'sortorder' => '2143',
			'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' => '2300',
			'article_category_id' => '99',
			'title' => 'Pun Wins Ballentines Monthly Medal Final',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Laxman Pun has won the title of Ballantine&acute;s Monthly Medal Final on Saturday played at the Royal Nepal Golf Club (RNGC). Pun accumulated a total of 1029 points to win the title. Neeraj SJB Rana became the runner-up with 991 points and Mithun Rai was the second runner-up with 915 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Rai also claimed the title of Ballantine&acute;s Golf Tournament played at the RNGC on the same day with 36 points. Rabin R Bijayananda finished second in count back with 34 points in the tournament. Neeraj SJB Rana was awarded the best gross with 28 points.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Laxman Pun has won the title of Ballantine´s Monthly Medal Final on Saturday played at the Royal Nepal Golf Club (RNGC). Pun accumulated a total of 1029 points to win the title. Neeraj SJB Rana became the runner-up with 991 points and Mithun Rai was the second runner-up with 915 points.',
			'sortorder' => '2142',
			'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' => '2298',
			'article_category_id' => '99',
			'title' => 'Qatar To Fly To Istanbul’s Sabiha Gokcen Airport',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Qatar Airways has announced that it will commence four-weekly passenger services to Istanbul&rsquo;s Sabiha G&ouml;k&ccedil;en Airport from 22 May 2014. SabihaG&ouml;k&ccedil;en Airport will become the airline&rsquo;s third destination in Turkey after Istanbul Ataturk Airport Ankara. The airline currently operates 10 flights-a-week to Istanbul Ataturk Airport and four-flights-week to Ankara.</div>
<div>
	&nbsp;</div>
<div>
	&quot;Turkey&rsquo;s aviation industry has experienced unprecedented growth over the past few years and we are delighted to be part of this growth,&rdquo; said Akbar Al Baker, Qatar Airways Chief Executive Officer. With the addition of Sabiha G&ouml;k&ccedil;en Airport, the number of flights to Turkey will increase from 14 to 18 frequencies each week. &nbsp;According to a statement, the airport will serve travellers from the eastern Asian side of Istanbul in addition to Ataturk Airport.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The new route will be served by an Airbus A320 in a 2 cabin configuration, offering 12 Business Class and 132 Economy Class seats. &nbsp;</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Qatar Airways has announced that it will commence four-weekly passenger services to Istanbul’s Sabiha Gökçen Airport from 22 May 2014. SabihaGökçen Airport will become the airline’s third destination in Turkey after Istanbul Ataturk Airport Ankara. The airline currently operates 10 flights-a-week to Istanbul Ataturk Airport and four-flights-week to Ankara.',
			'sortorder' => '2141',
			'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' => '2297',
			'article_category_id' => '99',
			'title' => 'Sherpa Wins SuryaNepal Gokarna Monthly Medal',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Ang Dorjee Sherpa has won the Surya Nepal Gokarna Monthly Medal played at Gokarna Golf Club on Saturday. Sherpa was declared winner on the count back as three players were tied at four under par -68. Tenzing Palden (68) finished runner-up also on the count back and Suryansh Chaudhary(68) finished third. Robin Rana bagged best gross award with the score of 81 (nine over par).&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	A total of 34 players took part in the tournament sponsored by Surya Nepal Pvt Ltd. President of Gokarna Golf Club Suhrid Ghimire gave away the prizes to the winners of the tournament. The tournament was played under stroke play format with full handicap.</div>
<div>
	&nbsp;</div>
<div>
	After the tenth edition, Babu Sherpa is on top of the leader board of the club championship with 206 points. Mahesh B Karki is second with 190 points. Ang Dorjee Sherpa and Tendi Sherpa are tied third with 160 points. Aditi Ghimire is fifth with 138 points. Ang Dendi Sherpa is at sixth position with 130 points. Daman B Ghale is seventh with 124 points. Tenzing Palden has secured eighth placewith 120 points. Brian Fawcett is at ninth with 116 points. Sonam Ongdi Lama is inside the top 10 list with 112 points.&nbsp;</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Ang Dorjee Sherpa has won the Surya Nepal Gokarna Monthly Medal played at Gokarna Golf Club on Saturday. Sherpa was declared winner on the count back as three players were tied at four under par -68. Tenzing Palden (68) finished runner-up also on the count back and Suryansh Chaudhary(68) finished third. Robin Rana bagged best gross award with the score of 81 (nine over par).',
			'sortorder' => '2140',
			'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' => '2296',
			'article_category_id' => '99',
			'title' => 'Biruwa Organized  ‘Udhyami Bhetghat’ On Tourism',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Biruwa Ventures in association with Udhyami Impact Fund (UIF) organized a tourism-centred programme titled &lsquo;Udhyami Bhetghat&rsquo; on December 11. The main objective of the event was to assist entrepreneurs to develop their professional network and aid knowledge sharing within the Nepali entrepreneurial community. The event brought together entrepreneurs from various sectors like travel, tourism and hospitality. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the organizers, the programme&rsquo;s main objective was to foster entrepreneurial spirit in the economy. There were series of interactions among the experts and entrepreneurs belonging to different sectors. Similarly, the participants also shared their ideas and experiences with each other.</div>
<div>
	&nbsp;</div>
<div>
	There were 40 participants in the event including Rajendra Suwal, CEO, Nepal Nature dot com travels, Ujjwal Satyal, Executive Director of Nepal Academy of Tourism and Hotel Management and Kashi Raj Bhandari, Director of Planning and Monitoring, Nepal Tourism Board. The experts suggested potential sectors through which Nepal can benefit from.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Suwal said in the programme that Nepal needs to capitalize on its great culture and natural resources. He also emphasized on the development of eco-tourism. Bhandari focussed on the development of infrastructure to boost tourism in Nepal. He identified three main aspects essential for tourism development. &ldquo;Conservation of historic monument, war tourism and solving of legal hurdles are three main aspects that should be focused&rdquo;, said Bhandari. He further added that guerrilla trail has been created in Rolpa and Rukum for the study of War Tourism. Likewise, Ujjwal Satyal said that Nepal can benefit by manufacturing kitchen equipment in the country.</div>
<div>
	&nbsp;</div>
<div>
	Biruwa organizes similar programme every other month focussing on various sectors. &nbsp;</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Biruwa Ventures in association with Udhyami Impact Fund (UIF) organized a tourism-centred programme titled ‘Udhyami Bhetghat’ on December 11. The main objective of the event was to assist entrepreneurs to develop their professional network and aid knowledge sharing within the Nepali entrepreneurial community. The event brought together entrepreneurs from various sectors like travel, tourism and hospitality.',
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	(int) 10 => array(
		'Article' => array(
			'id' => '2283',
			'article_category_id' => '146',
			'title' => 'Visual Edit Vol 3 Issue 42',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Visual Edit Vol 3 Issue 42',
			'sortorder' => '2138',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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			'breaking_news' => false,
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	),
	(int) 11 => array(
		'Article' => array(
			'id' => '2295',
			'article_category_id' => '99',
			'title' => 'International Tourism An Engine For Economic Recovery: UNWTO',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	In the first nine months of 2013, international tourism grew by five per cent, to reach a record 845 million worldwide, according to UN World Tourism Organisation (UNWTO). It says, the number of international tourist arrivals reported by destinations around the world increased by some 41 million between January and September, growing above UNWTO&rsquo;s initial forecast and creating an important stimulus to the receiving economies. Growth was driven by Europe and Asia and the Pacific, both seeing tourist numbers increase by six per cent.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;International tourism continues to grow above expectations, supporting economic growth in both advanced and emerging economies and bringing much needed support to job creation, GDP and the balance of payments of many destinations&rdquo; said UNWTO Secretary-General, Taleb Rifai. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In Europe, the world&rsquo;s most visited region, international tourist arrivals grew by six per cent led by above-average results in Central and Eastern Europe (+7%) and Southern and Mediterranean Europe (+6%). &nbsp;Asia and the Pacific (+6%) continued to show robust results, bolstered by South-East Asia (+12%). The Americas (+3%) reported comparatively weaker results, with better performance in North America (+4%) and Central America and (+3%). In Africa (+5%) growth was fuelled by the recovery in North Africa (+6%), while the Middle East saw only a marginal increase (+0.3%).</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'In the first nine months of 2013, international tourism grew by five per cent, to reach a record 845 million worldwide, according to UN World Tourism Organisation (UNWTO). It says, the number of international tourist arrivals reported by destinations around the world increased by some 41 million between January and September, growing above UNWTO’s initial forecast and creating an important stimulus to the receiving economies.',
			'sortorder' => '2137',
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	(int) 12 => array(
		'Article' => array(
			'id' => '2294',
			'article_category_id' => '152',
			'title' => 'Types Of Shoes For Women',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	Shoes are an integral part of your overall personality. The shoes you choose to wear and the way you maintain them create great impression on others. So, we have to make them an equally important part of our wardrobe by giving special attention in choosing footwear also. Maintaining style in clothing and footwear for women is especially more concerning. The shoes have to match the dressing style and the occasion. Corresponding to this need, there are many types of women&rsquo;s shoes that vary in shapes, colours and sizes. Here are some of best trending shoe designs:&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Heels" src="/userfiles/images/f1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 69px;" />Heels</strong></span></div>
<div>
	Heels are shoes, which are elevated from the back and lift the heel above from the ground. Heels can be of different types and height. Many different types of shoes come under this category.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Flats" src="/userfiles/images/f2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Flats</strong></span></div>
<div>
	Flats are shoes that do not have heels and which do not elevate the foot from the ground. Many of the shoes fall strictly under the above-mentioned categories while some carry traits from both of them.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Pumps" src="/userfiles/images/f3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 50px;" />Pumps</strong></span></div>
<div>
	Pumps are a type of shoes, which cover the foot from the front, back, and both sides leaving the top open. Pumps can be flat or can have heels. The flat pumps are made up of micro fiber, leather or a thick cloth. They come in different colours and designs. A common type of flat pump shoe is the ballerina shoe. These are extremely flat pumps shoe used by ballet dancers. Flat pumps are very comfortable to wear and go along almost every type of clothing.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Wedge Shoes" src="/userfiles/images/f4.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 65px;" />Wedge Shoes</strong></span></div>
<div>
	Wedge shoes are highly trendy and stylish heeled shoes in which there is no gap between the sole and the front. The entire foot from front to back is elevated. The sole is usually wooden and light brown in color while the top can have many variations. Contrary to conventional heels, in which only the sole is elevated from the back and lifts only the heel of the foot, wedge lifts the entire foot. Thismakes them far more comfortable. Chance of tripping off from wedges is minimum in comparison to pointy heel shoes. They are stable and stylish and go best with all types of clothes.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Mules" src="/userfiles/images/f5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Mules</strong></span></div>
<div>
	Mules are flat or heeled shoes in which the front part of the foot is covered and the back is left open. Mules mostly have pointed toes but some can also have rounded or square toes.Mostly leather-made, these shoes are used mainly for formal purposes and go best with trousers or jeans.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong><img alt="Boots" src="/userfiles/images/f7.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 73px;" />Boots</strong></span></div>
<div>
	Boots are shoes that completely cover the entire foot including the top. Boots come in different varieties and can be heeled, wedged or flat. They may be short reaching till the ankles while some boots are long and extend further up to the leg towards the knees or some cases even till thighs. Boots are mostly made of leather, suede or fabric. They may or may not have laces and they can be used for both formal and non-formal purposes. Boots are mostly used during the winters. The best thing about boots is that they never have and will never go out of fashion like other types of shoes.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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' => 'Shoes are an integral part of your overall personality. The shoes you choose to wear and the way you maintain them create great impression on others. So, we have to make them an equally important part of our wardrobe by giving special attention in choosing footwear also. Maintaining style in clothing and footwear for women is especially more concerning.',
			'sortorder' => '2136',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '2285',
			'article_category_id' => '151',
			'title' => 'KUSOM Annual Festival 2013 Concludes',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	The two days KUSOM Annual Festival (KAF) 2013, sponsored by Springwood, concluded on 7th December (Saturday). The first day of the festival was themed as &ldquo;We Care&rdquo;, which was organized at Kathmandu University School of Management (KUSOM) premises.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The day was devoted to contributing for society through different socially responsible initiatives carried out by the students such as blood donation camps, free health camps and donation programs including free ENT (Ear, Nose, and Throat) checkups, visual screening and dental camps. Along with that, clothes, books and stationary items were donated to around 20 students from SPARKS Children Home and from Patan CBR (Community Based Rehabilitation Center).</div>
<div>
	&nbsp;</div>
<div>
	Meanwhile, the 2nd day of the festival was named &ldquo;Mana-Fest&rdquo; (short for management festival). The programme consisted of 15 different inter college competitions across the Kathmandu Valley. Among the different contests, Springwood&rsquo;s &ldquo;SNAP, SHARE, WIN&rdquo; held all day. The attraction of the programme was &lsquo;Eccentric Trendsetters Fashion Show&rsquo; and Rangoli competition on the theme of &lsquo;Celebration&rsquo;.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Islington College bagged the Best College Award by winning most number of competitions and students from BBA 3rd year of KUSOM won the Best Class of KUSOM Award by winning the most number of competitions among KUSOMites (KUSOM students).</div>
<div>
	&nbsp;</div>
<div>
	Similarly, the inter college fest also saw a special performance from The Tito Satya team.</div>',
			'published' => true,
			'created' => '2013-12-17',
			'modified' => '2013-12-17',
			'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 two days KUSOM Annual Festival (KAF) 2013, sponsored by Springwood, concluded on 7th December (Saturday). The first day of the festival was themed as “We Care”, which was organized at Kathmandu University School of Management (KUSOM) premises.',
			'sortorder' => '2135',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '2292',
			'article_category_id' => '108',
			'title' => 'Money Matters News In Brief (16 - 22 December 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong><span style="font-size:14px;">NUBL and BHCT Sign MoU</span></strong></div>
<div>
	Nirdhan Utthan Bank Limited (NUBL) has signed an MoU with UK-based INGO, The Blueberry Hill Charitable Trust (BHCT) to implement the project &lsquo;Sustainable Access to Finance and Livelihoods in Nepal (SAFAL Nepal). The project is funded by UKaid through DFID. NUBL and BHCT will work together under a deficit-subsidy partnership model to expand financial services in remote areas of four districts- Panchthar, Doti, Dadeldhura, and Ilam. The project aims to improve the livelihoods of hill and mountain communities through sustainable access to finance linked with appropriate livelihood opportunities and local institutional strengthening. Under this partnership model, BHCT will support NUBL financially and technically for initial start-up and client capacity building; and NUBL will manage loan funds for the deficit-subsidy partnership model.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Citizens&rsquo; Branchless Banking in Jhapa</strong></span></div>
<div>
	Citizens Bank International Limited has started its 42nd branchless banking service in Shivagunj of Jhapa. According to the bank, the service is started to offer modern banking facilities to the residents in remote parts of Nepal. The bank has plans of providing at least one branchless banking service in each zone, and has informed that that the number will reach 50 in near future.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Shah&rsquo;s Tenure Extended</strong></span></div>
<div>
	Mega Bank Nepal Limited has extended the tenure of its Chief Executive Office Anil Shah by another four years. The decision was made by a meeting of Board of Directors of the bank on Monday. With this decision, Shah will be the CEO of the bank till December 9, 2017. Shah is also the founding CEO of the bank.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Gandaki Starts Mobile Banking Service</strong></span></div>
<div>
	Gandaki Bikas Bank Limited has started providing Mobile Banking Service to its customers. Now, the bank will be offering facilities of fund transfer through mobile, mobile recharge, phone bill payment, balance enquiry through SMS, mini statement, and new checkbook issuance among others. The bank also has been providing ATM and ABBS service.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Cosmos Share Applicantion Exceed Five Times than Demand</strong></span></div>
<div>
	The applicants of primary shares in Cosmos Development Bank exceed five times than its demand. The bank has its main branch in Gorkha. &ldquo;The bank had demanded the applications of public shares worth Rs 17.5 millions with the rate of Rs 100 per share but it has received the demands of more than Rs 110 millions,&rdquo; Rajendra Pudasaini, Marketing Manager of the bank informed. &nbsp;He said that the applications are from Kathmandu, Chitwan, Butwal, Lalitpur, Parsa, Sarlahi, Narayangarh, Lamjung along with the districts. The bank had issued shares worth 40 per cent of the total capital from December 8th to 9th.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Tinau Bank provides 12 percent Bonus Share</strong></span></div>
<div>
	Tinau Development Bank is to distribute 12 per cent of bonus share. This proposal was approved by Board of Directors during 7th Annual General Meeting of the bank. &nbsp;The AGM also has approved that the right share will be issued in the ratio of 0.25:1 of paid up capital as well as increase authorized capital and issued capital. &ldquo;After the issuance of right share, the authorized capital of the bank will be Rs 300 million, issued capital R 250 million and paid-up capital will be Rs 16.1 mllion,&rdquo; informed Pradip Kumar Shrestha, Chief Executive Officer of the bank. The AGM has also endorsed the audit report of fiscal year 2012/13, balance sheet till 2013 June and profit-loss and cash flow details.&nbsp;</div>',
			'published' => true,
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			'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' => 'Nirdhan Utthan Bank Limited (NUBL) has signed an MoU with UK-based INGO, The Blueberry Hill Charitable Trust (BHCT) to implement the project ‘Sustainable Access to Finance and Livelihoods in Nepal (SAFAL Nepal). The project is funded by UKaid through DFID. NUBL and BHCT will work together under a deficit-subsidy partnership model to expand financial services in remote areas of four districts- Panchthar, Doti, Dadeldhura, and Ilam.',
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)
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