…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '2261', 'article_category_id' => '158', 'title' => 'Ford Unveils All-new Mustang', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> The 2015 Ford Mustang will offer a few things you might not expect but engineers promise it will be the best ever.</div> <div> </div> <div> <span style="font-size:14px;"><strong>50th anniversary</strong></span></div> <div> Ahead of the Mustang's 50th anniversary, Ford unveiled an all-new completely redesigned Mustang with more power, better fuel economy and -- for the first time in since the 1980s -- an available four-cylinder engine, a high-powered but fuel-efficient powerplant.</div> <div> </div> <div> The Mustang GT will still have a 5.0-liter V8 but with more power than the current version and there will also be an available non-turbocharged V6 engine for price-conscious buyers. And, for the first time ever, the Mustang will have fully independent rear suspension. That's something that would have been perfectly unremarkable in any other car but which is a huge change for this performance icon.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Strong look</strong></span></div> <div> The new Mustang's body remains familiar with a long, bulging hood and stubby trunk. But the lines are a bit more muscular in the new version. The redesigned car is longer and lower than the current Mustang with a sleeker profile. It retains what Ford calls the "shark bite" front end with its signature trapezoidal grill.</div> <div> </div> <div> <span style="font-size:14px;"><strong>New engine choice</strong></span></div> <div> The new Mustang's 5.0-liter V8 engine will produce something over the current Mustang's 420 horsepower, according to Ford. The 3.7-liter V6, meanwhile, will also offer something more than the current car's 305 horsepower.</div> <div> </div> <div> But the real news is the new four-cylinder 2.3-liter turbocharged engine, which will be available as a mid-range option. This little engine will crank out 305 horsepower and more than 300 foot pounds of torque (that's the pulling power you feel on acceleration.) Even with all that, Ford is promising "class-leading" fuel economy. Official EPA fuel economy estimates for the car are not yet available. Special performance packages will be offered with both the V8 and four-cylinder turbo cars while the V6 will be offered as a low-cost, entry-level option.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Improved transmissions</strong></span></div> <div> Since this is a performance car, it's expected that a large percentage of Mustang buyers will opt for the manual transmission. This will be a six speed transmission with less space between the gears for quicker shifts. The shifter's also been moved closer to the driver's seat and away from the cupholders so drivers will no longer knock the lids off their soda cups while changing gears.</div> <div> </div> <div> The automatic transmission will now offer steering-wheel-mounted paddle shifters for the first time. The car will also automatically match engine RPM for smoother shifts even under hard acceleration or when downshifting. Paddle shifters are nothing new but Ford engineers say that, until now, there wasn't a paddle shift system they felt was worthy of the Mustang. A computer-assisted torque-vectoring program can direct power to individual rear wheels during hard turns for improved handling.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Better handling</strong></span></div> <div> The suspension on this Mustang is also completely new. The rear suspension is now an independent system in which the back wheels aren't connected by a solid axle, as they have been since the Mustang was introduced in 1964.</div> <div> </div> <div> Besides improved ride and handling qualities, an all-new front suspension design allows the car to have bigger brakes for better stopping. The car also has a stiffer, lighter body which also contributes to added control and responsiveness, Ford says. The new Mustang will be sold in countries around the world but will continue to be built at Ford's Flat Rock, Mich., assembly plant.</div> <div> <em>(Source: www.money.cnn.com)</em></div>', 'published' => true, 'created' => '2013-12-10', '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 2015 Ford Mustang will offer a few things you might not expect but engineers promise it will be the best ever.', 'sortorder' => '2103', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '2252', 'article_category_id' => '153', 'title' => 'Sanitary Ware Business Generating Employment', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Suraksha Adhikari </strong></div> <div> </div> <div> While families spend huge part of their income to furnish and decorate bedrooms and living rooms, bathrooms were usually an afterthought, tucked away in a dark aloof corner of the house. Urban Nepali have been realizing the importance of hygienic and airy bathrooms. People have started prioritizing bathroom locations and installing modern hygienic bathroom accessories. This trend has increased sanitary ware business in Nepal especially in urban areas. </div> <div> </div> <div> Bathrooms reflect an owner’s lifestyle. Having a luxurious, professionally designed living room can’t create a good impression if your guest can follow his/her nose to the bathroom. “Architects and home-owners are slowly beginning to give priority to bathrooms,” Yogendra Bajracharya of Nepal Marble Bath House, which has been in sanitary ware business for the last 16 years, said. He adds, “Urban Nepali are becoming increasingly conscious about design and use of space and are even willing to spend big bucks.”</div> <div> </div> <div> <span style="font-size:14px;"><strong>Variety of Stores in the Market</strong></span></div> <div> With the awareness about hygienic bathrooms raising in the people, sanitary ware stores are also mushrooming in the market. Sanitary wares business is booming and some of these stores are making good profit. </div> <div> </div> <div> Home Furnishers Pvt Ltd at Tripureshwor has all kind of branded fixtures and fittings products such as commode, wash basin, faucets, bathroom accessories, shower curtains and curtain rods, bathtubs, wall and floor tiles, electric water heaters and many more. The company imports brands like Mogen, Hansa, Ridder, Kaldewi, Justime, Navarti, Ariston and Dia Safe from Thailand, Germany, Taiwan, Spain, Italy and Korea respectively. </div> <div> </div> <div> Rajendra Shrestha, Manager Director of the company informed that sales increased by 20 per cent as compared to same period of last year. Targeted at high-end and middle high class customers, Home Furnishers provides warranty of 10 to 30 years. Corresponding to higher cost prices of the product, he says the high cost is justified by quality of the product. </div> <div> </div> <div> Somany — an Indian brand for faucets, sanitary wares and tiles offers economic and luxurious range of products. Tiles are their most popular product in their portfolio and are sold mostly in September, Samish Maskey, director of Somany Studio at Koteshworsaid. Faucets, commodes, wash basin, Jacuzzi, among others are available at the store. The company provides 10 years of warranty on every product. Maskey informed that the company regularly updates their product range to ensure that their customers get to choose from the trendiest designs in the market. </div> <div> </div> <div> Bajra and Bajracharya Enterprises (BBE) at Lagankhel trades in a variety range of products of Kohler, Leno, Porcelanosa, CRW, Nova, Halcon, Kludi, Yojo and others in fixtures and fittings. Anuj Maskey, marketing officer at BBE, says that they have a wide range of products that can suit the needs of people from all walks of life. The merchandises at the store are imported from India, China, US, Germany and Spain.</div> <div> </div> <div> With a diverse range of innovative products, clients don’t have to compromise on design and even smaller bathrooms can be cleverly utilised. “Products like shower enclosures have revolutionised bathing and added elegance to bathrooms,” Rajesh Budhiya of Rukmani International, said. </div> <div> </div> <div> Slippery tiles and sharp edges make bathrooms accident-prone spaces, especially for the elderly. Now new designs can be incorporated to improve safety. “Coarse bathroom tiles made of non-glazed ceramics can be used to minimise slipperiness of bathroom tiles,” Birbal Dugar of Dugar Iron and Steels, explained. “We offer innovative taps which automatically set the water temperature below 400 degree Celcius,” Budhiya added. </div> <div> </div> <div> Hygienic and easy–to-clean facilities are also widely available. “Rust proof PVC pipes which donot allow bacteria to breed inside their inner surfaces are very popular these days,” BijayaRai of Mangalam industries, says. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Price of Sanitary ware</strong></span></div> <div> Sanitary ware stores in the capital offer an extensive range of products in contemporary designs with high safety features, catering to the demands of urban homes. While durability is still the most important factor, store owners say customers now think about aesthetics as well. “Most of our customers’ still look for the mid ranged sanitary products and prefer durability over style,” Sanjay Kedia of Rajesh Sanitary Ware said. However there is gradual rise in the demand for high end goods like Jacuzzis, steam cabin and shower enclosures.”</div> <div> </div> <div> The product range of sanitary wares varies from company to company according to quality and preferences of the customers. Sanitary stores in Kathmandu mostly target high and middle class people as their customers.</div> <div> </div> <div> The price of sanitary wares at Home Furnishers Pvt Ltd ranges from Rs 23,500 to Rs 85,000, while faucets are priced at Rs 12,700 to Rs 53,000. Their anti-bacteria and machine washable shower curtains and curtain rods from Ridder brands are priced between Rs 2,000 to Rs 5,700. The steel ceramic enamel bathtub cost between Rs 35,000 to Rs 38,000.</div> <div> </div> <div> The faucets at Somany Studio are priced between Rs 2,000 to Rs 60,000 while commodes are cost Rs 8,000 to Rs 150,000. The price of wash basins available at the store range from Rs 2,100 up to Rs 50,000 while that of Jacuzzi range from Rs 165,000 to Rs 250,000.</div> <div> </div> <div> <span style="font-size:14px;"><strong><img alt="" src="/userfiles/images/fc1%20(Copy)(1).jpg" style="width: 550px; height: 239px; margin-left: 10px; margin-right: 10px;" /></strong></span></div> <div> </div> <div> <span style="font-size:14px;"><strong>Employment Generation</strong></span></div> <div> With the surge in construction of modern buildings, employment opportunities related to sanitary wares have been also increasing. According to the statistics of Kathmandu Metropolitan City (KMC), around 40,000 houses are being constructed in Kathmandu valley annually. Similarly, construction of houses task outside valley has also been increasing in same pace. This has been contributing to employment and income generation activities in this sector. </div> <div> </div> <div> Indrakumar Nakarmi, Senior Monitoring and Evaluation officer at Skill Nepal, said that the internal re-structuring of houses also have supported to the growth of this business. “An old-design house consisted only of a single bathroom but modern-design houses these days have bathroom in each flat and some even have bathroom attached to bedroom,” he added. This has also contributed to the increase in employment generation activities. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Increasing Sales</strong></span></div> <div> The real estate business had slowed down some years earlier due to various reasons. But it is recovering gradually nowdays. A corresponding effect of this business is also seen in sanitary ware business. Komal Mainali, Managing Director of Business Concerns Pvt Ltd, said that the sales of sanitary ware products have increased at the rate of 10 to 12 per cent annually in last few years. </div> <div> </div> <div> Nepal’s sanitary ware industry relies heavily on imports from China, India, Spain and Italy. While custom duty on bathroom installations is low, duty on tiles can reach up to 70 per cent.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Problems and Challenges</strong></span></div> <div> Lack of awareness of the people outside the valley has been hindering expansion of the business outside valley, traders in the niche say. Along with that it has been hard for any brand to maintain its reputation in the market due to the unequal and unhealthy competition primarily triggered due to the mushrooming of sanitary ware companies in the market. </div> <div> </div> <div> Rajendra Shrestha, Managing Director of Home Furnishers, says, “Political instability, weak economy, stagnancy in real estate industry and decreasing purchasing power of the customers are factors affecting the sanitary ware business.”However, traders are still doing good business due to apartment and hotel construction. Renovation of older houses that look for accommodating better furnished modern bathrooms is another major factor that keeps the trading graph up the hill.</div>', 'published' => true, 'created' => '2013-12-09', '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' => 'While families spend huge part of their income to furnish and decorate bedrooms and living rooms, bathrooms were usually an afterthought, tucked away in a dark aloof corner of the house. Urban Nepali have been realizing the importance of hygienic and airy bathrooms.', 'sortorder' => '2102', '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' => '2259', 'article_category_id' => '100', 'title' => 'Tourism Briefs (9 - 15 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>New Terminal Opens at Goa Airport</strong></span></div> <div> <img alt="" src="/userfiles/images/tm4%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 125px; height: 88px;" />A new integrated terminal building was inaugurated at Goa airport by Ajit Singh, Minister of Civil Aviation. The new terminal building capable of handling domestic and international operations offers facilities like passenger boarding bridges, inline compatible baggage handling system, software based building management system, elevators and escalators. With an investment of USD 55.2 million, the terminal building can handle 2,750 peak hour passengers at a time. Speaking on the occasion, Singh said, “Providing quality aviation infrastructure commensurate with the expected passenger traffic growth is high on priority of my ministry. Goa airport with 1,000 plus annual international charter flights account for almost 90% of India’s international charter tourist flights. In the year 2012-13, Goa airport handled 1,208 charter flights, an increase of 45% over the year 2011-12.” <em>(Traveldailymedia.com)</em></div> <div> </div> <div> <span style="font-size:14px;"><strong>IHG to Recruit 110,000 Staff in China</strong></span></div> <div> <img alt="" src="/userfiles/images/tm5%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 125px; height: 90px;" />InterContinental Hotels Group (IHG) has unveiled plans to recruit another 110,000 staff in China, as it looks to double its portfolio in the country. The company currently employs nearly 60,000 staff at its properties and corporate office across 70 Chinese cities. But with IHG’s portfolio expected to increase from 200 hotels at present to almost 400 in the coming years, IHG said it will need to recruit more than 110,000 employees between 2013 and 2015. This would represent a 183% increase in the company’s nationwide headcount. (Traveldailymedia.com)</div> <div> </div> <div> </div> <div> <span style="font-size:14px;"><strong>Atlantis, the Palm Promises World Class Fireworks this New Year</strong></span></div> <div> <img alt="" src="/userfiles/images/tm6%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 125px; height: 84px;" />With Dubai set to break the world record for the biggest fireworks display ever, Atlantis, The Palm is the place to be to experience the greatest celebration on earth! Set to be bigger and brighter than the previous world record held by Kuwait for the 50th anniversary of its constitution in November 2012, Atlantis invites guests to be a part of history this New Year’s Eve with front row seats to the huge fireworks extravaganza. With well over 77,000 fireworks lighting up the midnight sky to beautifully orchestrated music, the spectacular New Year’s Eve Royal Gala Dinner returns this year with the promise of an unprecedented light show that is guaranteed to mesmerise in house guests from across the globe, as well as regional visitors celebrating the night at the resort, as Dubai secures the UAE’s 132nd World Record. (Travelandtourworld.com)</div> <div> </div> <div> <span style="font-size:14px;"><strong>3rd International Conference on Tourism and Media</strong></span></div> <div> <img alt="" src="/userfiles/images/tm7%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px;width: 300px; height: 89px;" />The impact of technological innovation and evolving media channels on tourism communication was the focus of the 3rd UNWTO International Conference on Tourism and the Media, part of an ongoing series aimed to lend tourism a higher level of editorial recognition (2-3 December 2013, Estoril, Portugal).Centered around the theme, “How new media is shaping the news”, the Conference addressed, among others, the issues of tourism in today´s media coverage, the new media environment, the emergence of bloggers as influential news sources, and the transversal impact of technology on all communication formats. There were 200 participants from 30 countries, including private and public tourism stakeholders, media and academicians in the Conference. (Traveldailynews.com)</div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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' => 'A new integrated terminal building was inaugurated at Goa airport by Ajit Singh, Minister of Civil Aviation. The new terminal building capable of handling domestic and international operations offers facilities like passenger boarding bridges, inline compatible baggage handling system, software based building management system, elevators and escalators.', 'sortorder' => '2101', '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' => '2258', 'article_category_id' => '99', 'title' => 'Qatar To Fly To Dallas', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <img alt="" src="/userfiles/images/tm3%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 150px; height: 131px;" />Qatar Airways has announced that it will be extending its network in the USA by adding Dallas/Fort Worth (DFW) as its seventh gateway to the country. According to the airline, the service will start from July 1, 2014.The destination will become Qatar Airways’ second route in Texas. The airline currently operates to Houston non-stop daily from Doha.</div> <div> </div> <div> “It is an exciting start to 2014 that we have announced three new American routes, and we look forward to welcoming our new and loyal passengers on board,’ says a statement from the airline. The Dallas/Fort Worth route will be operated daily with the airline’s flagship Boeing 777-200LR aircraft, which features a two-class design with 42 Business Class lie-flat seats in a 2-2-2 configuration. </div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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 be extending its network in the USA by adding Dallas/Fort Worth (DFW) as its seventh gateway to the country.', 'sortorder' => '2100', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '2257', 'article_category_id' => '99', 'title' => 'THAI Celebrated 46th Anniversary In Nepal', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By TC Correspondent</strong></div> <div> </div> <div> Thai Airways International (THAI) organised a program at Hotel Yak and Yeti on Saturday to celebrate its 46th anniversary in Nepal. The event was attended by Ambassadors and diplomats, INGOs and expatriates, high ranking government officials, media personalities and tourism related personnel.</div> <div> </div> <div> In the ceremony, THAI distributed Hall of Fame awards to the Top Passenger and Cargo Sales Agents along with the Top Supporting Agents for their performance and support. The awards were distributed by Chantouch Srinilta, General Manager Nepal and Bhutan, Thai Arilines. The programme was followed by team building exercise among the participants and THAI staff. THAI operated its first flight to Kathmandu on 4th December 1968.</div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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' => 'Thai Airways International (THAI) organised a program at Hotel Yak and Yeti on Saturday to celebrate its 46th anniversary in Nepal. The event was attended by Ambassadors and diplomats, INGOs and expatriates, high ranking government officials, media personalities and tourism related personnel.', 'sortorder' => '2099', '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' => '2256', 'article_category_id' => '99', 'title' => 'Sherpa Wins Soaltee Crowne Plaza Annual Golf Tournament', 'sub_title' => '', 'summary' => null, 'content' => '<div> Ang Dorjee Sherpa has won the Soaltee Crowne Plaza Annual Golf Tournament 2013 played at Gokarna Forest Resort on Saturday. Playing of 20 handicap, Sherpa was tied with Chinese Golfer Liu Jie at 41 stableford points. Sherpa scored 20 points on the front nine and 21 points on the back nine whereas Lie scored 23 on the front and 18 on the back. With the win, Ang Dorji received business class ticket to Doha, courtesy of Oman Air, along with two nights stay at intercontinental Doha and two rounds of Golf at Doha Golf Club. Lie finished runner-up in the tournament playing with 14 handicap.</div> <div> </div> <div> Lobsang Tashi won the Best Gross award with 33 gross points. Puspa Rai won the ladies category with 33 points and Rekha Ghimire finished second with 26 points.</div> <div> </div> <div> Prem Sachdev was the winner of the Senior Category with 37 points; Tsultrim Lama was second in the senior category with 36 points. Min Bahadur Raut won the Super Senior category (age 70 and above) with 30 points. Pratima Gurung scored 19 points over 9 holes to win the Junior Category and Arnav Shah was winner amongst the sub juniors. Abu Sherpa won the longest drive award and Ang Dorjee Sherpa won the closest to the pin. Sherpa also won the Hospitality Category with 30 points.</div> <div> </div> <div> A total of 105 Golfers took part in the tournament including six juniors and eight ladies. The tournament was played over 18 holes in stableford format with 7/8 handicap allowance.</div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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 Soaltee Crowne Plaza Annual Golf Tournament 2013 played at Gokarna Forest Resort on Saturday. Playing of 20 handicap, Sherpa was tied with Chinese Golfer Liu Jie at 41 stableford points.', 'sortorder' => '2098', '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' => '2255', 'article_category_id' => '99', 'title' => 'A 100 Mile Race Fundraiser For Nepali Children', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <img alt="Sushma manandhar" src="/userfiles/images/tm1%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 175px; height: 219px;" />Sushma Manandhar, a resident of Jacksonville, Florida ran the Wild Sebastian 100 mile race on November 16, 2013 to help raise funds for Muskaan Sewa Nepal, an organization that shelters underprivileged children in Nepal. Manandhar completed the race within the 32 hour time limit, running from Saturday morning till the next day afternoon. The track was inside a large forest park in Sebastian, Florida. </div> <div> </div> <div> A total of 56 registered to undertake the challenge, who were mostly veteran runners. Due to the sheer difficulty of the race, only 11 runners completed the race and Manandhar was one of them. Not only did she complete the race within time, but she was also presented with the Wild Sebastian 100 Perseverance Award. Manandhar is a Senior Accounting Manager at FIS Global and is active within the Jacksonville Nepali community. The fundraising effort will continue until the end of December, and contributions can be made online at https://fundrazr.com/campaigns/2bsKe.</div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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' => 'Sushma Manandhar, a resident of Jacksonville, Florida ran the Wild Sebastian 100 mile race on November 16, 2013 to help raise funds for Muskaan Sewa Nepal, an organization that shelters underprivileged children in Nepal.', 'sortorder' => '2097', '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' => '2254', 'article_category_id' => '99', 'title' => 'Five Star Hotels Welcome Christmas', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By TC Correspondent</strong></div> <div> </div> <div> With Christmas on its way, five star hotels are welcoming it by organising traditional cake mixing ceremony. Christmas cake mixing is an annual ceremony that marks the arrival of Christmas. Hotel Radisson organised its Traditional Christmas Cake Mixing Ceremony on December 1. This year, the program was headed by Anil Malik- General Manager of the Hotel along with in-house guests, media representatives, Head of Departments and the Executive team.</div> <div> </div> <div> In the event, the ingredients of the festive fruit cake were mixed with wine and liquor in advance so that the ingredients can develop aroma and taste. The ingredients comprised of dry fruits like black currents, sultanas, raisins, prunes, dry apricot, almond, pistachio nut, cashew nut, candied orange and glaze cherries. Wine and liquor are poured in with the mixture and fresh spices were added. </div> <div> </div> <div> Similarly, Hotel Shangrila also organized its Cake Mixing Ceremony on December 2 in the Shambala Garden to welcome Christmas. The ceremony was attended by celebrities like Nagma Shrestha, Miss Nepal Earth, 2012 and Subeksha Khadka, Miss Nepal International 2012 along with other guests. The cake mixing was done by the guests long with the chefs of the hotel. </div> <div> </div> <div> Shangrila’s cake was a mixture of rum and brandy along with different dry fruits. Mulled wine, chicken sworma, Caesar salad, sandwiches and chocolates were served in the ceremony. </div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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' => 'With Christmas on its way, five star hotels are welcoming it by organising traditional cake mixing ceremony. Christmas cake mixing is an annual ceremony that marks the arrival of Christmas. Hotel Radisson organised its Traditional Christmas Cake Mixing Ceremony on December 1. This year, the program was headed by Anil Malik- General Manager of the Hotel along with in-house guests, media representatives, Head of Departments and the Executive team.', 'sortorder' => '2096', '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' => '2253', 'article_category_id' => '152', 'title' => 'Focus Briefs (9 - 15 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:16px;"><strong>Cleaning and Maintenance of Bathroom Accessories</strong></span></div> <div> Though most of us choose bathroom accessory carefully, some of us do not do not spend time to take of them. This can lead to various problems. Considering the increasing love for modern sanitary ware and accessories, Argent Crystal Sanitary Ware has put up some cleaning and maintenance instructions for bathroom accessories. Here they are: </div> <div> </div> <div> <span style="font-size:14px;"><strong>I. Cleaning</strong></span></div> <div> •To remove stubborn dirt, surface dust and stains, which are difficult to remove, use mild liquid detergent, colorless glass cleaner or polishing fluid without abrasive effect. </div> <div> •Once cleaning is finished, be sure to rinse all cleaning agent with clear water and wipe with a dedicated maintenance cloth (or 100% cotton cloth). Otherwise, water stain may appear on the surface.</div> <div> </div> <div> <span style="font-size:14px;"><strong>II. Maintenance</strong></span></div> <div> •Maintain good ventilation in bathroom by keeping door and window open. </div> <div> •Keep dry and wet accessories separate. </div> <div> •Avoid collision with hard surface object that may damage or corrode the surface.</div> <div> •As paint has corrosive effect on the surface coating of product, be sure not to contact paint.</div> <div> •Use white cotton cloth coated with decontaminating wax to clean the entire product thoroughly every three months. This will help in extending its service life.</div> <div> </div> <div> <span style="font-size:15px;"><strong>Here are some special tips for cleaning and maintaining bathroom cabinet:</strong></span></div> <div> </div> <div> <span style="font-size:14px;"><strong>I. Cleaning</strong></span></div> <div> •Don’t wash bathroom cabinet directly. Gently wipe with a damp cloth so as to prevent corrosion due to stagnant water. Regularly dust off the bathroom cabinet with soft cloth sprayed with cleaner. Never use dry cloth for cleaning.</div> <div> •Use neutral detergent as far as possible. Toothpaste which is readily available in bathroom is a good choice for cleaning. Avoid smearing the product with other chemical solution. </div> <div> •Water mixed with residues of cleaning products like soap and facial cleanser, should be wiped immediately. (Keeping a cloth laid beneath these products is also a wise technique.)</div> <div> </div> <div> <span style="font-size:14px;"><strong>II. Maintenance</strong></span></div> <div> •Handle bathroom cabinet with care and avoid dragging forcibly; when the ground is uneven, pad the legs accordingly.</div> <div> •Ensure that water inlet pipe and outlet pipe remain seamlessly connected</div> <div> •Make regular inspection of leakages for averting the cabinets from being corroded by any leakages. </div> <div> •Avoid direct exposure to the sun.</div>', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Though most of us choose bathroom accessory carefully, some of us do not do not spend time to take of them. This can lead to various problems. Considering the increasing love for modern sanitary ware and accessories, Argent Crystal Sanitary Ware has put up some cleaning and maintenance instructions for bathroom accessories.', 'sortorder' => '2095', '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' => '2248', 'article_category_id' => '113', 'title' => 'US Dollar Exchange Rate At Local Market (2 - 8 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'US Dollar Exchange Rate At Local Market', 'sortorder' => '2094', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 10 => array( 'Article' => array( 'id' => '2251', 'article_category_id' => '108', 'title' => 'Money Matters News In Brief (9 - 15 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div> <div> <img alt="" src="/userfiles/images/mm1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 87px;" />Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries. </div> <div> </div> <div> <strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div> <div> <img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div> <div> </div> <div> <strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div> <div> <img alt="" src="/userfiles/images/mm3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 77px;" />Reliance Finance Ltd has entered the fourth year of its operation from last Tuesday. On the occasion of fifth anniversary, the Bank distributed blankets and food to the children and elders of Conflict Victim and Disabled Society in Sankhu. The Company with Rs 200 million paid-up capital has collected Rs 20 million deposit in Fiscal Year 2012-13. During the occasion, the Company informed that its deposit has increased by 19.43 per cent during the review period. </div> <div> </div> <div> <strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div> <div> <img alt="" src="/userfiles/images/mm4.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 55px;" />The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.</div> <div> </div> <div> <strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div> <div> <img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday.', 'sortorder' => '2093', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '2250', 'article_category_id' => '109', 'title' => 'Top Ten Losers (2 - 8 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Top Ten Losers', 'sortorder' => '2092', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '2249', 'article_category_id' => '111', 'title' => 'Top Ten Gainers (2 -8 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Top Ten Gainers', 'sortorder' => '2091', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 13 => array( 'Article' => array( 'id' => '2247', 'article_category_id' => '112', 'title' => 'Weekly Gold And Silver Price (2 - 8 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Weekly Gold And Silver Price', 'sortorder' => '2090', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 14 => array( 'Article' => array( 'id' => '2246', 'article_category_id' => '109', 'title' => 'Standard Chartered’s 50pc Dividend Endorsed', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> Standard Chartered Bank Ltd is distributing 50 per cent dividend to its shareholders. The 27th Annual General Meeting of the Bank held last Tuesday in capital approved the proposal of distributing 40 per cent cash dividend and 10 per cent bonus shares to its shareholders. The Bank posted Rs 1.22 billion net profit in the Fiscal Year 2012-13. According to a press release of the Bank, the net profit is 4.2 per cent higher than the last fiscal year. </div> <div> </div>', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Standard Chartered Bank Ltd is distributing 50 per cent dividend to its shareholders.', 'sortorder' => '2089', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '2261', 'article_category_id' => '158', 'title' => 'Ford Unveils All-new Mustang', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> The 2015 Ford Mustang will offer a few things you might not expect but engineers promise it will be the best ever.</div> <div> </div> <div> <span style="font-size:14px;"><strong>50th anniversary</strong></span></div> <div> Ahead of the Mustang's 50th anniversary, Ford unveiled an all-new completely redesigned Mustang with more power, better fuel economy and -- for the first time in since the 1980s -- an available four-cylinder engine, a high-powered but fuel-efficient powerplant.</div> <div> </div> <div> The Mustang GT will still have a 5.0-liter V8 but with more power than the current version and there will also be an available non-turbocharged V6 engine for price-conscious buyers. And, for the first time ever, the Mustang will have fully independent rear suspension. That's something that would have been perfectly unremarkable in any other car but which is a huge change for this performance icon.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Strong look</strong></span></div> <div> The new Mustang's body remains familiar with a long, bulging hood and stubby trunk. But the lines are a bit more muscular in the new version. The redesigned car is longer and lower than the current Mustang with a sleeker profile. It retains what Ford calls the "shark bite" front end with its signature trapezoidal grill.</div> <div> </div> <div> <span style="font-size:14px;"><strong>New engine choice</strong></span></div> <div> The new Mustang's 5.0-liter V8 engine will produce something over the current Mustang's 420 horsepower, according to Ford. The 3.7-liter V6, meanwhile, will also offer something more than the current car's 305 horsepower.</div> <div> </div> <div> But the real news is the new four-cylinder 2.3-liter turbocharged engine, which will be available as a mid-range option. This little engine will crank out 305 horsepower and more than 300 foot pounds of torque (that's the pulling power you feel on acceleration.) Even with all that, Ford is promising "class-leading" fuel economy. Official EPA fuel economy estimates for the car are not yet available. Special performance packages will be offered with both the V8 and four-cylinder turbo cars while the V6 will be offered as a low-cost, entry-level option.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Improved transmissions</strong></span></div> <div> Since this is a performance car, it's expected that a large percentage of Mustang buyers will opt for the manual transmission. This will be a six speed transmission with less space between the gears for quicker shifts. The shifter's also been moved closer to the driver's seat and away from the cupholders so drivers will no longer knock the lids off their soda cups while changing gears.</div> <div> </div> <div> The automatic transmission will now offer steering-wheel-mounted paddle shifters for the first time. The car will also automatically match engine RPM for smoother shifts even under hard acceleration or when downshifting. Paddle shifters are nothing new but Ford engineers say that, until now, there wasn't a paddle shift system they felt was worthy of the Mustang. A computer-assisted torque-vectoring program can direct power to individual rear wheels during hard turns for improved handling.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Better handling</strong></span></div> <div> The suspension on this Mustang is also completely new. The rear suspension is now an independent system in which the back wheels aren't connected by a solid axle, as they have been since the Mustang was introduced in 1964.</div> <div> </div> <div> Besides improved ride and handling qualities, an all-new front suspension design allows the car to have bigger brakes for better stopping. The car also has a stiffer, lighter body which also contributes to added control and responsiveness, Ford says. The new Mustang will be sold in countries around the world but will continue to be built at Ford's Flat Rock, Mich., assembly plant.</div> <div> <em>(Source: www.money.cnn.com)</em></div>', 'published' => true, 'created' => '2013-12-10', '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 2015 Ford Mustang will offer a few things you might not expect but engineers promise it will be the best ever.', 'sortorder' => '2103', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '2252', 'article_category_id' => '153', 'title' => 'Sanitary Ware Business Generating Employment', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Suraksha Adhikari </strong></div> <div> </div> <div> While families spend huge part of their income to furnish and decorate bedrooms and living rooms, bathrooms were usually an afterthought, tucked away in a dark aloof corner of the house. Urban Nepali have been realizing the importance of hygienic and airy bathrooms. People have started prioritizing bathroom locations and installing modern hygienic bathroom accessories. This trend has increased sanitary ware business in Nepal especially in urban areas. </div> <div> </div> <div> Bathrooms reflect an owner’s lifestyle. Having a luxurious, professionally designed living room can’t create a good impression if your guest can follow his/her nose to the bathroom. “Architects and home-owners are slowly beginning to give priority to bathrooms,” Yogendra Bajracharya of Nepal Marble Bath House, which has been in sanitary ware business for the last 16 years, said. He adds, “Urban Nepali are becoming increasingly conscious about design and use of space and are even willing to spend big bucks.”</div> <div> </div> <div> <span style="font-size:14px;"><strong>Variety of Stores in the Market</strong></span></div> <div> With the awareness about hygienic bathrooms raising in the people, sanitary ware stores are also mushrooming in the market. Sanitary wares business is booming and some of these stores are making good profit. </div> <div> </div> <div> Home Furnishers Pvt Ltd at Tripureshwor has all kind of branded fixtures and fittings products such as commode, wash basin, faucets, bathroom accessories, shower curtains and curtain rods, bathtubs, wall and floor tiles, electric water heaters and many more. The company imports brands like Mogen, Hansa, Ridder, Kaldewi, Justime, Navarti, Ariston and Dia Safe from Thailand, Germany, Taiwan, Spain, Italy and Korea respectively. </div> <div> </div> <div> Rajendra Shrestha, Manager Director of the company informed that sales increased by 20 per cent as compared to same period of last year. Targeted at high-end and middle high class customers, Home Furnishers provides warranty of 10 to 30 years. Corresponding to higher cost prices of the product, he says the high cost is justified by quality of the product. </div> <div> </div> <div> Somany — an Indian brand for faucets, sanitary wares and tiles offers economic and luxurious range of products. Tiles are their most popular product in their portfolio and are sold mostly in September, Samish Maskey, director of Somany Studio at Koteshworsaid. Faucets, commodes, wash basin, Jacuzzi, among others are available at the store. The company provides 10 years of warranty on every product. Maskey informed that the company regularly updates their product range to ensure that their customers get to choose from the trendiest designs in the market. </div> <div> </div> <div> Bajra and Bajracharya Enterprises (BBE) at Lagankhel trades in a variety range of products of Kohler, Leno, Porcelanosa, CRW, Nova, Halcon, Kludi, Yojo and others in fixtures and fittings. Anuj Maskey, marketing officer at BBE, says that they have a wide range of products that can suit the needs of people from all walks of life. The merchandises at the store are imported from India, China, US, Germany and Spain.</div> <div> </div> <div> With a diverse range of innovative products, clients don’t have to compromise on design and even smaller bathrooms can be cleverly utilised. “Products like shower enclosures have revolutionised bathing and added elegance to bathrooms,” Rajesh Budhiya of Rukmani International, said. </div> <div> </div> <div> Slippery tiles and sharp edges make bathrooms accident-prone spaces, especially for the elderly. Now new designs can be incorporated to improve safety. “Coarse bathroom tiles made of non-glazed ceramics can be used to minimise slipperiness of bathroom tiles,” Birbal Dugar of Dugar Iron and Steels, explained. “We offer innovative taps which automatically set the water temperature below 400 degree Celcius,” Budhiya added. </div> <div> </div> <div> Hygienic and easy–to-clean facilities are also widely available. “Rust proof PVC pipes which donot allow bacteria to breed inside their inner surfaces are very popular these days,” BijayaRai of Mangalam industries, says. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Price of Sanitary ware</strong></span></div> <div> Sanitary ware stores in the capital offer an extensive range of products in contemporary designs with high safety features, catering to the demands of urban homes. While durability is still the most important factor, store owners say customers now think about aesthetics as well. “Most of our customers’ still look for the mid ranged sanitary products and prefer durability over style,” Sanjay Kedia of Rajesh Sanitary Ware said. However there is gradual rise in the demand for high end goods like Jacuzzis, steam cabin and shower enclosures.”</div> <div> </div> <div> The product range of sanitary wares varies from company to company according to quality and preferences of the customers. Sanitary stores in Kathmandu mostly target high and middle class people as their customers.</div> <div> </div> <div> The price of sanitary wares at Home Furnishers Pvt Ltd ranges from Rs 23,500 to Rs 85,000, while faucets are priced at Rs 12,700 to Rs 53,000. Their anti-bacteria and machine washable shower curtains and curtain rods from Ridder brands are priced between Rs 2,000 to Rs 5,700. The steel ceramic enamel bathtub cost between Rs 35,000 to Rs 38,000.</div> <div> </div> <div> The faucets at Somany Studio are priced between Rs 2,000 to Rs 60,000 while commodes are cost Rs 8,000 to Rs 150,000. The price of wash basins available at the store range from Rs 2,100 up to Rs 50,000 while that of Jacuzzi range from Rs 165,000 to Rs 250,000.</div> <div> </div> <div> <span style="font-size:14px;"><strong><img alt="" src="/userfiles/images/fc1%20(Copy)(1).jpg" style="width: 550px; height: 239px; margin-left: 10px; margin-right: 10px;" /></strong></span></div> <div> </div> <div> <span style="font-size:14px;"><strong>Employment Generation</strong></span></div> <div> With the surge in construction of modern buildings, employment opportunities related to sanitary wares have been also increasing. According to the statistics of Kathmandu Metropolitan City (KMC), around 40,000 houses are being constructed in Kathmandu valley annually. Similarly, construction of houses task outside valley has also been increasing in same pace. This has been contributing to employment and income generation activities in this sector. </div> <div> </div> <div> Indrakumar Nakarmi, Senior Monitoring and Evaluation officer at Skill Nepal, said that the internal re-structuring of houses also have supported to the growth of this business. “An old-design house consisted only of a single bathroom but modern-design houses these days have bathroom in each flat and some even have bathroom attached to bedroom,” he added. This has also contributed to the increase in employment generation activities. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Increasing Sales</strong></span></div> <div> The real estate business had slowed down some years earlier due to various reasons. But it is recovering gradually nowdays. A corresponding effect of this business is also seen in sanitary ware business. Komal Mainali, Managing Director of Business Concerns Pvt Ltd, said that the sales of sanitary ware products have increased at the rate of 10 to 12 per cent annually in last few years. </div> <div> </div> <div> Nepal’s sanitary ware industry relies heavily on imports from China, India, Spain and Italy. While custom duty on bathroom installations is low, duty on tiles can reach up to 70 per cent.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Problems and Challenges</strong></span></div> <div> Lack of awareness of the people outside the valley has been hindering expansion of the business outside valley, traders in the niche say. Along with that it has been hard for any brand to maintain its reputation in the market due to the unequal and unhealthy competition primarily triggered due to the mushrooming of sanitary ware companies in the market. </div> <div> </div> <div> Rajendra Shrestha, Managing Director of Home Furnishers, says, “Political instability, weak economy, stagnancy in real estate industry and decreasing purchasing power of the customers are factors affecting the sanitary ware business.”However, traders are still doing good business due to apartment and hotel construction. Renovation of older houses that look for accommodating better furnished modern bathrooms is another major factor that keeps the trading graph up the hill.</div>', 'published' => true, 'created' => '2013-12-09', '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' => 'While families spend huge part of their income to furnish and decorate bedrooms and living rooms, bathrooms were usually an afterthought, tucked away in a dark aloof corner of the house. Urban Nepali have been realizing the importance of hygienic and airy bathrooms.', 'sortorder' => '2102', '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' => '2259', 'article_category_id' => '100', 'title' => 'Tourism Briefs (9 - 15 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>New Terminal Opens at Goa Airport</strong></span></div> <div> <img alt="" src="/userfiles/images/tm4%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 125px; height: 88px;" />A new integrated terminal building was inaugurated at Goa airport by Ajit Singh, Minister of Civil Aviation. The new terminal building capable of handling domestic and international operations offers facilities like passenger boarding bridges, inline compatible baggage handling system, software based building management system, elevators and escalators. With an investment of USD 55.2 million, the terminal building can handle 2,750 peak hour passengers at a time. Speaking on the occasion, Singh said, “Providing quality aviation infrastructure commensurate with the expected passenger traffic growth is high on priority of my ministry. Goa airport with 1,000 plus annual international charter flights account for almost 90% of India’s international charter tourist flights. In the year 2012-13, Goa airport handled 1,208 charter flights, an increase of 45% over the year 2011-12.” <em>(Traveldailymedia.com)</em></div> <div> </div> <div> <span style="font-size:14px;"><strong>IHG to Recruit 110,000 Staff in China</strong></span></div> <div> <img alt="" src="/userfiles/images/tm5%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 125px; height: 90px;" />InterContinental Hotels Group (IHG) has unveiled plans to recruit another 110,000 staff in China, as it looks to double its portfolio in the country. The company currently employs nearly 60,000 staff at its properties and corporate office across 70 Chinese cities. But with IHG’s portfolio expected to increase from 200 hotels at present to almost 400 in the coming years, IHG said it will need to recruit more than 110,000 employees between 2013 and 2015. This would represent a 183% increase in the company’s nationwide headcount. (Traveldailymedia.com)</div> <div> </div> <div> </div> <div> <span style="font-size:14px;"><strong>Atlantis, the Palm Promises World Class Fireworks this New Year</strong></span></div> <div> <img alt="" src="/userfiles/images/tm6%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 125px; height: 84px;" />With Dubai set to break the world record for the biggest fireworks display ever, Atlantis, The Palm is the place to be to experience the greatest celebration on earth! Set to be bigger and brighter than the previous world record held by Kuwait for the 50th anniversary of its constitution in November 2012, Atlantis invites guests to be a part of history this New Year’s Eve with front row seats to the huge fireworks extravaganza. With well over 77,000 fireworks lighting up the midnight sky to beautifully orchestrated music, the spectacular New Year’s Eve Royal Gala Dinner returns this year with the promise of an unprecedented light show that is guaranteed to mesmerise in house guests from across the globe, as well as regional visitors celebrating the night at the resort, as Dubai secures the UAE’s 132nd World Record. (Travelandtourworld.com)</div> <div> </div> <div> <span style="font-size:14px;"><strong>3rd International Conference on Tourism and Media</strong></span></div> <div> <img alt="" src="/userfiles/images/tm7%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px;width: 300px; height: 89px;" />The impact of technological innovation and evolving media channels on tourism communication was the focus of the 3rd UNWTO International Conference on Tourism and the Media, part of an ongoing series aimed to lend tourism a higher level of editorial recognition (2-3 December 2013, Estoril, Portugal).Centered around the theme, “How new media is shaping the news”, the Conference addressed, among others, the issues of tourism in today´s media coverage, the new media environment, the emergence of bloggers as influential news sources, and the transversal impact of technology on all communication formats. There were 200 participants from 30 countries, including private and public tourism stakeholders, media and academicians in the Conference. (Traveldailynews.com)</div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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' => 'A new integrated terminal building was inaugurated at Goa airport by Ajit Singh, Minister of Civil Aviation. The new terminal building capable of handling domestic and international operations offers facilities like passenger boarding bridges, inline compatible baggage handling system, software based building management system, elevators and escalators.', 'sortorder' => '2101', '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' => '2258', 'article_category_id' => '99', 'title' => 'Qatar To Fly To Dallas', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <img alt="" src="/userfiles/images/tm3%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 150px; height: 131px;" />Qatar Airways has announced that it will be extending its network in the USA by adding Dallas/Fort Worth (DFW) as its seventh gateway to the country. According to the airline, the service will start from July 1, 2014.The destination will become Qatar Airways’ second route in Texas. The airline currently operates to Houston non-stop daily from Doha.</div> <div> </div> <div> “It is an exciting start to 2014 that we have announced three new American routes, and we look forward to welcoming our new and loyal passengers on board,’ says a statement from the airline. The Dallas/Fort Worth route will be operated daily with the airline’s flagship Boeing 777-200LR aircraft, which features a two-class design with 42 Business Class lie-flat seats in a 2-2-2 configuration. </div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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 be extending its network in the USA by adding Dallas/Fort Worth (DFW) as its seventh gateway to the country.', 'sortorder' => '2100', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '2257', 'article_category_id' => '99', 'title' => 'THAI Celebrated 46th Anniversary In Nepal', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By TC Correspondent</strong></div> <div> </div> <div> Thai Airways International (THAI) organised a program at Hotel Yak and Yeti on Saturday to celebrate its 46th anniversary in Nepal. The event was attended by Ambassadors and diplomats, INGOs and expatriates, high ranking government officials, media personalities and tourism related personnel.</div> <div> </div> <div> In the ceremony, THAI distributed Hall of Fame awards to the Top Passenger and Cargo Sales Agents along with the Top Supporting Agents for their performance and support. The awards were distributed by Chantouch Srinilta, General Manager Nepal and Bhutan, Thai Arilines. The programme was followed by team building exercise among the participants and THAI staff. THAI operated its first flight to Kathmandu on 4th December 1968.</div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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' => 'Thai Airways International (THAI) organised a program at Hotel Yak and Yeti on Saturday to celebrate its 46th anniversary in Nepal. The event was attended by Ambassadors and diplomats, INGOs and expatriates, high ranking government officials, media personalities and tourism related personnel.', 'sortorder' => '2099', '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' => '2256', 'article_category_id' => '99', 'title' => 'Sherpa Wins Soaltee Crowne Plaza Annual Golf Tournament', 'sub_title' => '', 'summary' => null, 'content' => '<div> Ang Dorjee Sherpa has won the Soaltee Crowne Plaza Annual Golf Tournament 2013 played at Gokarna Forest Resort on Saturday. Playing of 20 handicap, Sherpa was tied with Chinese Golfer Liu Jie at 41 stableford points. Sherpa scored 20 points on the front nine and 21 points on the back nine whereas Lie scored 23 on the front and 18 on the back. With the win, Ang Dorji received business class ticket to Doha, courtesy of Oman Air, along with two nights stay at intercontinental Doha and two rounds of Golf at Doha Golf Club. Lie finished runner-up in the tournament playing with 14 handicap.</div> <div> </div> <div> Lobsang Tashi won the Best Gross award with 33 gross points. Puspa Rai won the ladies category with 33 points and Rekha Ghimire finished second with 26 points.</div> <div> </div> <div> Prem Sachdev was the winner of the Senior Category with 37 points; Tsultrim Lama was second in the senior category with 36 points. Min Bahadur Raut won the Super Senior category (age 70 and above) with 30 points. Pratima Gurung scored 19 points over 9 holes to win the Junior Category and Arnav Shah was winner amongst the sub juniors. Abu Sherpa won the longest drive award and Ang Dorjee Sherpa won the closest to the pin. Sherpa also won the Hospitality Category with 30 points.</div> <div> </div> <div> A total of 105 Golfers took part in the tournament including six juniors and eight ladies. The tournament was played over 18 holes in stableford format with 7/8 handicap allowance.</div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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 Soaltee Crowne Plaza Annual Golf Tournament 2013 played at Gokarna Forest Resort on Saturday. Playing of 20 handicap, Sherpa was tied with Chinese Golfer Liu Jie at 41 stableford points.', 'sortorder' => '2098', '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' => '2255', 'article_category_id' => '99', 'title' => 'A 100 Mile Race Fundraiser For Nepali Children', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <img alt="Sushma manandhar" src="/userfiles/images/tm1%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 175px; height: 219px;" />Sushma Manandhar, a resident of Jacksonville, Florida ran the Wild Sebastian 100 mile race on November 16, 2013 to help raise funds for Muskaan Sewa Nepal, an organization that shelters underprivileged children in Nepal. Manandhar completed the race within the 32 hour time limit, running from Saturday morning till the next day afternoon. The track was inside a large forest park in Sebastian, Florida. </div> <div> </div> <div> A total of 56 registered to undertake the challenge, who were mostly veteran runners. Due to the sheer difficulty of the race, only 11 runners completed the race and Manandhar was one of them. Not only did she complete the race within time, but she was also presented with the Wild Sebastian 100 Perseverance Award. Manandhar is a Senior Accounting Manager at FIS Global and is active within the Jacksonville Nepali community. The fundraising effort will continue until the end of December, and contributions can be made online at https://fundrazr.com/campaigns/2bsKe.</div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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' => 'Sushma Manandhar, a resident of Jacksonville, Florida ran the Wild Sebastian 100 mile race on November 16, 2013 to help raise funds for Muskaan Sewa Nepal, an organization that shelters underprivileged children in Nepal.', 'sortorder' => '2097', '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' => '2254', 'article_category_id' => '99', 'title' => 'Five Star Hotels Welcome Christmas', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By TC Correspondent</strong></div> <div> </div> <div> With Christmas on its way, five star hotels are welcoming it by organising traditional cake mixing ceremony. Christmas cake mixing is an annual ceremony that marks the arrival of Christmas. Hotel Radisson organised its Traditional Christmas Cake Mixing Ceremony on December 1. This year, the program was headed by Anil Malik- General Manager of the Hotel along with in-house guests, media representatives, Head of Departments and the Executive team.</div> <div> </div> <div> In the event, the ingredients of the festive fruit cake were mixed with wine and liquor in advance so that the ingredients can develop aroma and taste. The ingredients comprised of dry fruits like black currents, sultanas, raisins, prunes, dry apricot, almond, pistachio nut, cashew nut, candied orange and glaze cherries. Wine and liquor are poured in with the mixture and fresh spices were added. </div> <div> </div> <div> Similarly, Hotel Shangrila also organized its Cake Mixing Ceremony on December 2 in the Shambala Garden to welcome Christmas. The ceremony was attended by celebrities like Nagma Shrestha, Miss Nepal Earth, 2012 and Subeksha Khadka, Miss Nepal International 2012 along with other guests. The cake mixing was done by the guests long with the chefs of the hotel. </div> <div> </div> <div> Shangrila’s cake was a mixture of rum and brandy along with different dry fruits. Mulled wine, chicken sworma, Caesar salad, sandwiches and chocolates were served in the ceremony. </div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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' => 'With Christmas on its way, five star hotels are welcoming it by organising traditional cake mixing ceremony. Christmas cake mixing is an annual ceremony that marks the arrival of Christmas. Hotel Radisson organised its Traditional Christmas Cake Mixing Ceremony on December 1. This year, the program was headed by Anil Malik- General Manager of the Hotel along with in-house guests, media representatives, Head of Departments and the Executive team.', 'sortorder' => '2096', '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' => '2253', 'article_category_id' => '152', 'title' => 'Focus Briefs (9 - 15 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:16px;"><strong>Cleaning and Maintenance of Bathroom Accessories</strong></span></div> <div> Though most of us choose bathroom accessory carefully, some of us do not do not spend time to take of them. This can lead to various problems. Considering the increasing love for modern sanitary ware and accessories, Argent Crystal Sanitary Ware has put up some cleaning and maintenance instructions for bathroom accessories. Here they are: </div> <div> </div> <div> <span style="font-size:14px;"><strong>I. Cleaning</strong></span></div> <div> •To remove stubborn dirt, surface dust and stains, which are difficult to remove, use mild liquid detergent, colorless glass cleaner or polishing fluid without abrasive effect. </div> <div> •Once cleaning is finished, be sure to rinse all cleaning agent with clear water and wipe with a dedicated maintenance cloth (or 100% cotton cloth). Otherwise, water stain may appear on the surface.</div> <div> </div> <div> <span style="font-size:14px;"><strong>II. Maintenance</strong></span></div> <div> •Maintain good ventilation in bathroom by keeping door and window open. </div> <div> •Keep dry and wet accessories separate. </div> <div> •Avoid collision with hard surface object that may damage or corrode the surface.</div> <div> •As paint has corrosive effect on the surface coating of product, be sure not to contact paint.</div> <div> •Use white cotton cloth coated with decontaminating wax to clean the entire product thoroughly every three months. This will help in extending its service life.</div> <div> </div> <div> <span style="font-size:15px;"><strong>Here are some special tips for cleaning and maintaining bathroom cabinet:</strong></span></div> <div> </div> <div> <span style="font-size:14px;"><strong>I. Cleaning</strong></span></div> <div> •Don’t wash bathroom cabinet directly. Gently wipe with a damp cloth so as to prevent corrosion due to stagnant water. Regularly dust off the bathroom cabinet with soft cloth sprayed with cleaner. Never use dry cloth for cleaning.</div> <div> •Use neutral detergent as far as possible. Toothpaste which is readily available in bathroom is a good choice for cleaning. Avoid smearing the product with other chemical solution. </div> <div> •Water mixed with residues of cleaning products like soap and facial cleanser, should be wiped immediately. (Keeping a cloth laid beneath these products is also a wise technique.)</div> <div> </div> <div> <span style="font-size:14px;"><strong>II. Maintenance</strong></span></div> <div> •Handle bathroom cabinet with care and avoid dragging forcibly; when the ground is uneven, pad the legs accordingly.</div> <div> •Ensure that water inlet pipe and outlet pipe remain seamlessly connected</div> <div> •Make regular inspection of leakages for averting the cabinets from being corroded by any leakages. </div> <div> •Avoid direct exposure to the sun.</div>', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Though most of us choose bathroom accessory carefully, some of us do not do not spend time to take of them. This can lead to various problems. Considering the increasing love for modern sanitary ware and accessories, Argent Crystal Sanitary Ware has put up some cleaning and maintenance instructions for bathroom accessories.', 'sortorder' => '2095', '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' => '2248', 'article_category_id' => '113', 'title' => 'US Dollar Exchange Rate At Local Market (2 - 8 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'US Dollar Exchange Rate At Local Market', 'sortorder' => '2094', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 10 => array( 'Article' => array( 'id' => '2251', 'article_category_id' => '108', 'title' => 'Money Matters News In Brief (9 - 15 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div> <div> <img alt="" src="/userfiles/images/mm1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 87px;" />Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries. </div> <div> </div> <div> <strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div> <div> <img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div> <div> </div> <div> <strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div> <div> <img alt="" src="/userfiles/images/mm3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 77px;" />Reliance Finance Ltd has entered the fourth year of its operation from last Tuesday. On the occasion of fifth anniversary, the Bank distributed blankets and food to the children and elders of Conflict Victim and Disabled Society in Sankhu. The Company with Rs 200 million paid-up capital has collected Rs 20 million deposit in Fiscal Year 2012-13. During the occasion, the Company informed that its deposit has increased by 19.43 per cent during the review period. </div> <div> </div> <div> <strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div> <div> <img alt="" src="/userfiles/images/mm4.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 55px;" />The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.</div> <div> </div> <div> <strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div> <div> <img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday.', 'sortorder' => '2093', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '2250', 'article_category_id' => '109', 'title' => 'Top Ten Losers (2 - 8 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Top Ten Losers', 'sortorder' => '2092', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '2249', 'article_category_id' => '111', 'title' => 'Top Ten Gainers (2 -8 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Top Ten Gainers', 'sortorder' => '2091', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 13 => array( 'Article' => array( 'id' => '2247', 'article_category_id' => '112', 'title' => 'Weekly Gold And Silver Price (2 - 8 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Weekly Gold And Silver Price', 'sortorder' => '2090', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 14 => array( 'Article' => array( 'id' => '2246', 'article_category_id' => '109', 'title' => 'Standard Chartered’s 50pc Dividend Endorsed', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> Standard Chartered Bank Ltd is distributing 50 per cent dividend to its shareholders. The 27th Annual General Meeting of the Bank held last Tuesday in capital approved the proposal of distributing 40 per cent cash dividend and 10 per cent bonus shares to its shareholders. The Bank posted Rs 1.22 billion net profit in the Fiscal Year 2012-13. According to a press release of the Bank, the net profit is 4.2 per cent higher than the last fiscal year. </div> <div> </div>', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Standard Chartered Bank Ltd is distributing 50 per cent dividend to its shareholders.', 'sortorder' => '2089', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '2261', 'article_category_id' => '158', 'title' => 'Ford Unveils All-new Mustang', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> The 2015 Ford Mustang will offer a few things you might not expect but engineers promise it will be the best ever.</div> <div> </div> <div> <span style="font-size:14px;"><strong>50th anniversary</strong></span></div> <div> Ahead of the Mustang's 50th anniversary, Ford unveiled an all-new completely redesigned Mustang with more power, better fuel economy and -- for the first time in since the 1980s -- an available four-cylinder engine, a high-powered but fuel-efficient powerplant.</div> <div> </div> <div> The Mustang GT will still have a 5.0-liter V8 but with more power than the current version and there will also be an available non-turbocharged V6 engine for price-conscious buyers. And, for the first time ever, the Mustang will have fully independent rear suspension. That's something that would have been perfectly unremarkable in any other car but which is a huge change for this performance icon.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Strong look</strong></span></div> <div> The new Mustang's body remains familiar with a long, bulging hood and stubby trunk. But the lines are a bit more muscular in the new version. The redesigned car is longer and lower than the current Mustang with a sleeker profile. It retains what Ford calls the "shark bite" front end with its signature trapezoidal grill.</div> <div> </div> <div> <span style="font-size:14px;"><strong>New engine choice</strong></span></div> <div> The new Mustang's 5.0-liter V8 engine will produce something over the current Mustang's 420 horsepower, according to Ford. The 3.7-liter V6, meanwhile, will also offer something more than the current car's 305 horsepower.</div> <div> </div> <div> But the real news is the new four-cylinder 2.3-liter turbocharged engine, which will be available as a mid-range option. This little engine will crank out 305 horsepower and more than 300 foot pounds of torque (that's the pulling power you feel on acceleration.) Even with all that, Ford is promising "class-leading" fuel economy. Official EPA fuel economy estimates for the car are not yet available. Special performance packages will be offered with both the V8 and four-cylinder turbo cars while the V6 will be offered as a low-cost, entry-level option.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Improved transmissions</strong></span></div> <div> Since this is a performance car, it's expected that a large percentage of Mustang buyers will opt for the manual transmission. This will be a six speed transmission with less space between the gears for quicker shifts. The shifter's also been moved closer to the driver's seat and away from the cupholders so drivers will no longer knock the lids off their soda cups while changing gears.</div> <div> </div> <div> The automatic transmission will now offer steering-wheel-mounted paddle shifters for the first time. The car will also automatically match engine RPM for smoother shifts even under hard acceleration or when downshifting. Paddle shifters are nothing new but Ford engineers say that, until now, there wasn't a paddle shift system they felt was worthy of the Mustang. A computer-assisted torque-vectoring program can direct power to individual rear wheels during hard turns for improved handling.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Better handling</strong></span></div> <div> The suspension on this Mustang is also completely new. The rear suspension is now an independent system in which the back wheels aren't connected by a solid axle, as they have been since the Mustang was introduced in 1964.</div> <div> </div> <div> Besides improved ride and handling qualities, an all-new front suspension design allows the car to have bigger brakes for better stopping. The car also has a stiffer, lighter body which also contributes to added control and responsiveness, Ford says. The new Mustang will be sold in countries around the world but will continue to be built at Ford's Flat Rock, Mich., assembly plant.</div> <div> <em>(Source: www.money.cnn.com)</em></div>', 'published' => true, 'created' => '2013-12-10', '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 2015 Ford Mustang will offer a few things you might not expect but engineers promise it will be the best ever.', 'sortorder' => '2103', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '2252', 'article_category_id' => '153', 'title' => 'Sanitary Ware Business Generating Employment', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Suraksha Adhikari </strong></div> <div> </div> <div> While families spend huge part of their income to furnish and decorate bedrooms and living rooms, bathrooms were usually an afterthought, tucked away in a dark aloof corner of the house. Urban Nepali have been realizing the importance of hygienic and airy bathrooms. People have started prioritizing bathroom locations and installing modern hygienic bathroom accessories. This trend has increased sanitary ware business in Nepal especially in urban areas. </div> <div> </div> <div> Bathrooms reflect an owner’s lifestyle. Having a luxurious, professionally designed living room can’t create a good impression if your guest can follow his/her nose to the bathroom. “Architects and home-owners are slowly beginning to give priority to bathrooms,” Yogendra Bajracharya of Nepal Marble Bath House, which has been in sanitary ware business for the last 16 years, said. He adds, “Urban Nepali are becoming increasingly conscious about design and use of space and are even willing to spend big bucks.”</div> <div> </div> <div> <span style="font-size:14px;"><strong>Variety of Stores in the Market</strong></span></div> <div> With the awareness about hygienic bathrooms raising in the people, sanitary ware stores are also mushrooming in the market. Sanitary wares business is booming and some of these stores are making good profit. </div> <div> </div> <div> Home Furnishers Pvt Ltd at Tripureshwor has all kind of branded fixtures and fittings products such as commode, wash basin, faucets, bathroom accessories, shower curtains and curtain rods, bathtubs, wall and floor tiles, electric water heaters and many more. The company imports brands like Mogen, Hansa, Ridder, Kaldewi, Justime, Navarti, Ariston and Dia Safe from Thailand, Germany, Taiwan, Spain, Italy and Korea respectively. </div> <div> </div> <div> Rajendra Shrestha, Manager Director of the company informed that sales increased by 20 per cent as compared to same period of last year. Targeted at high-end and middle high class customers, Home Furnishers provides warranty of 10 to 30 years. Corresponding to higher cost prices of the product, he says the high cost is justified by quality of the product. </div> <div> </div> <div> Somany — an Indian brand for faucets, sanitary wares and tiles offers economic and luxurious range of products. Tiles are their most popular product in their portfolio and are sold mostly in September, Samish Maskey, director of Somany Studio at Koteshworsaid. Faucets, commodes, wash basin, Jacuzzi, among others are available at the store. The company provides 10 years of warranty on every product. Maskey informed that the company regularly updates their product range to ensure that their customers get to choose from the trendiest designs in the market. </div> <div> </div> <div> Bajra and Bajracharya Enterprises (BBE) at Lagankhel trades in a variety range of products of Kohler, Leno, Porcelanosa, CRW, Nova, Halcon, Kludi, Yojo and others in fixtures and fittings. Anuj Maskey, marketing officer at BBE, says that they have a wide range of products that can suit the needs of people from all walks of life. The merchandises at the store are imported from India, China, US, Germany and Spain.</div> <div> </div> <div> With a diverse range of innovative products, clients don’t have to compromise on design and even smaller bathrooms can be cleverly utilised. “Products like shower enclosures have revolutionised bathing and added elegance to bathrooms,” Rajesh Budhiya of Rukmani International, said. </div> <div> </div> <div> Slippery tiles and sharp edges make bathrooms accident-prone spaces, especially for the elderly. Now new designs can be incorporated to improve safety. “Coarse bathroom tiles made of non-glazed ceramics can be used to minimise slipperiness of bathroom tiles,” Birbal Dugar of Dugar Iron and Steels, explained. “We offer innovative taps which automatically set the water temperature below 400 degree Celcius,” Budhiya added. </div> <div> </div> <div> Hygienic and easy–to-clean facilities are also widely available. “Rust proof PVC pipes which donot allow bacteria to breed inside their inner surfaces are very popular these days,” BijayaRai of Mangalam industries, says. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Price of Sanitary ware</strong></span></div> <div> Sanitary ware stores in the capital offer an extensive range of products in contemporary designs with high safety features, catering to the demands of urban homes. While durability is still the most important factor, store owners say customers now think about aesthetics as well. “Most of our customers’ still look for the mid ranged sanitary products and prefer durability over style,” Sanjay Kedia of Rajesh Sanitary Ware said. However there is gradual rise in the demand for high end goods like Jacuzzis, steam cabin and shower enclosures.”</div> <div> </div> <div> The product range of sanitary wares varies from company to company according to quality and preferences of the customers. Sanitary stores in Kathmandu mostly target high and middle class people as their customers.</div> <div> </div> <div> The price of sanitary wares at Home Furnishers Pvt Ltd ranges from Rs 23,500 to Rs 85,000, while faucets are priced at Rs 12,700 to Rs 53,000. Their anti-bacteria and machine washable shower curtains and curtain rods from Ridder brands are priced between Rs 2,000 to Rs 5,700. The steel ceramic enamel bathtub cost between Rs 35,000 to Rs 38,000.</div> <div> </div> <div> The faucets at Somany Studio are priced between Rs 2,000 to Rs 60,000 while commodes are cost Rs 8,000 to Rs 150,000. The price of wash basins available at the store range from Rs 2,100 up to Rs 50,000 while that of Jacuzzi range from Rs 165,000 to Rs 250,000.</div> <div> </div> <div> <span style="font-size:14px;"><strong><img alt="" src="/userfiles/images/fc1%20(Copy)(1).jpg" style="width: 550px; height: 239px; margin-left: 10px; margin-right: 10px;" /></strong></span></div> <div> </div> <div> <span style="font-size:14px;"><strong>Employment Generation</strong></span></div> <div> With the surge in construction of modern buildings, employment opportunities related to sanitary wares have been also increasing. According to the statistics of Kathmandu Metropolitan City (KMC), around 40,000 houses are being constructed in Kathmandu valley annually. Similarly, construction of houses task outside valley has also been increasing in same pace. This has been contributing to employment and income generation activities in this sector. </div> <div> </div> <div> Indrakumar Nakarmi, Senior Monitoring and Evaluation officer at Skill Nepal, said that the internal re-structuring of houses also have supported to the growth of this business. “An old-design house consisted only of a single bathroom but modern-design houses these days have bathroom in each flat and some even have bathroom attached to bedroom,” he added. This has also contributed to the increase in employment generation activities. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Increasing Sales</strong></span></div> <div> The real estate business had slowed down some years earlier due to various reasons. But it is recovering gradually nowdays. A corresponding effect of this business is also seen in sanitary ware business. Komal Mainali, Managing Director of Business Concerns Pvt Ltd, said that the sales of sanitary ware products have increased at the rate of 10 to 12 per cent annually in last few years. </div> <div> </div> <div> Nepal’s sanitary ware industry relies heavily on imports from China, India, Spain and Italy. While custom duty on bathroom installations is low, duty on tiles can reach up to 70 per cent.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Problems and Challenges</strong></span></div> <div> Lack of awareness of the people outside the valley has been hindering expansion of the business outside valley, traders in the niche say. Along with that it has been hard for any brand to maintain its reputation in the market due to the unequal and unhealthy competition primarily triggered due to the mushrooming of sanitary ware companies in the market. </div> <div> </div> <div> Rajendra Shrestha, Managing Director of Home Furnishers, says, “Political instability, weak economy, stagnancy in real estate industry and decreasing purchasing power of the customers are factors affecting the sanitary ware business.”However, traders are still doing good business due to apartment and hotel construction. Renovation of older houses that look for accommodating better furnished modern bathrooms is another major factor that keeps the trading graph up the hill.</div>', 'published' => true, 'created' => '2013-12-09', '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' => 'While families spend huge part of their income to furnish and decorate bedrooms and living rooms, bathrooms were usually an afterthought, tucked away in a dark aloof corner of the house. Urban Nepali have been realizing the importance of hygienic and airy bathrooms.', 'sortorder' => '2102', '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' => '2259', 'article_category_id' => '100', 'title' => 'Tourism Briefs (9 - 15 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>New Terminal Opens at Goa Airport</strong></span></div> <div> <img alt="" src="/userfiles/images/tm4%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 125px; height: 88px;" />A new integrated terminal building was inaugurated at Goa airport by Ajit Singh, Minister of Civil Aviation. The new terminal building capable of handling domestic and international operations offers facilities like passenger boarding bridges, inline compatible baggage handling system, software based building management system, elevators and escalators. With an investment of USD 55.2 million, the terminal building can handle 2,750 peak hour passengers at a time. Speaking on the occasion, Singh said, “Providing quality aviation infrastructure commensurate with the expected passenger traffic growth is high on priority of my ministry. Goa airport with 1,000 plus annual international charter flights account for almost 90% of India’s international charter tourist flights. In the year 2012-13, Goa airport handled 1,208 charter flights, an increase of 45% over the year 2011-12.” <em>(Traveldailymedia.com)</em></div> <div> </div> <div> <span style="font-size:14px;"><strong>IHG to Recruit 110,000 Staff in China</strong></span></div> <div> <img alt="" src="/userfiles/images/tm5%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 125px; height: 90px;" />InterContinental Hotels Group (IHG) has unveiled plans to recruit another 110,000 staff in China, as it looks to double its portfolio in the country. The company currently employs nearly 60,000 staff at its properties and corporate office across 70 Chinese cities. But with IHG’s portfolio expected to increase from 200 hotels at present to almost 400 in the coming years, IHG said it will need to recruit more than 110,000 employees between 2013 and 2015. This would represent a 183% increase in the company’s nationwide headcount. (Traveldailymedia.com)</div> <div> </div> <div> </div> <div> <span style="font-size:14px;"><strong>Atlantis, the Palm Promises World Class Fireworks this New Year</strong></span></div> <div> <img alt="" src="/userfiles/images/tm6%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 125px; height: 84px;" />With Dubai set to break the world record for the biggest fireworks display ever, Atlantis, The Palm is the place to be to experience the greatest celebration on earth! Set to be bigger and brighter than the previous world record held by Kuwait for the 50th anniversary of its constitution in November 2012, Atlantis invites guests to be a part of history this New Year’s Eve with front row seats to the huge fireworks extravaganza. With well over 77,000 fireworks lighting up the midnight sky to beautifully orchestrated music, the spectacular New Year’s Eve Royal Gala Dinner returns this year with the promise of an unprecedented light show that is guaranteed to mesmerise in house guests from across the globe, as well as regional visitors celebrating the night at the resort, as Dubai secures the UAE’s 132nd World Record. (Travelandtourworld.com)</div> <div> </div> <div> <span style="font-size:14px;"><strong>3rd International Conference on Tourism and Media</strong></span></div> <div> <img alt="" src="/userfiles/images/tm7%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px;width: 300px; height: 89px;" />The impact of technological innovation and evolving media channels on tourism communication was the focus of the 3rd UNWTO International Conference on Tourism and the Media, part of an ongoing series aimed to lend tourism a higher level of editorial recognition (2-3 December 2013, Estoril, Portugal).Centered around the theme, “How new media is shaping the news”, the Conference addressed, among others, the issues of tourism in today´s media coverage, the new media environment, the emergence of bloggers as influential news sources, and the transversal impact of technology on all communication formats. There were 200 participants from 30 countries, including private and public tourism stakeholders, media and academicians in the Conference. (Traveldailynews.com)</div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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' => 'A new integrated terminal building was inaugurated at Goa airport by Ajit Singh, Minister of Civil Aviation. The new terminal building capable of handling domestic and international operations offers facilities like passenger boarding bridges, inline compatible baggage handling system, software based building management system, elevators and escalators.', 'sortorder' => '2101', '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' => '2258', 'article_category_id' => '99', 'title' => 'Qatar To Fly To Dallas', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <img alt="" src="/userfiles/images/tm3%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 150px; height: 131px;" />Qatar Airways has announced that it will be extending its network in the USA by adding Dallas/Fort Worth (DFW) as its seventh gateway to the country. According to the airline, the service will start from July 1, 2014.The destination will become Qatar Airways’ second route in Texas. The airline currently operates to Houston non-stop daily from Doha.</div> <div> </div> <div> “It is an exciting start to 2014 that we have announced three new American routes, and we look forward to welcoming our new and loyal passengers on board,’ says a statement from the airline. The Dallas/Fort Worth route will be operated daily with the airline’s flagship Boeing 777-200LR aircraft, which features a two-class design with 42 Business Class lie-flat seats in a 2-2-2 configuration. </div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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 be extending its network in the USA by adding Dallas/Fort Worth (DFW) as its seventh gateway to the country.', 'sortorder' => '2100', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '2257', 'article_category_id' => '99', 'title' => 'THAI Celebrated 46th Anniversary In Nepal', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By TC Correspondent</strong></div> <div> </div> <div> Thai Airways International (THAI) organised a program at Hotel Yak and Yeti on Saturday to celebrate its 46th anniversary in Nepal. The event was attended by Ambassadors and diplomats, INGOs and expatriates, high ranking government officials, media personalities and tourism related personnel.</div> <div> </div> <div> In the ceremony, THAI distributed Hall of Fame awards to the Top Passenger and Cargo Sales Agents along with the Top Supporting Agents for their performance and support. The awards were distributed by Chantouch Srinilta, General Manager Nepal and Bhutan, Thai Arilines. The programme was followed by team building exercise among the participants and THAI staff. THAI operated its first flight to Kathmandu on 4th December 1968.</div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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' => 'Thai Airways International (THAI) organised a program at Hotel Yak and Yeti on Saturday to celebrate its 46th anniversary in Nepal. The event was attended by Ambassadors and diplomats, INGOs and expatriates, high ranking government officials, media personalities and tourism related personnel.', 'sortorder' => '2099', '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' => '2256', 'article_category_id' => '99', 'title' => 'Sherpa Wins Soaltee Crowne Plaza Annual Golf Tournament', 'sub_title' => '', 'summary' => null, 'content' => '<div> Ang Dorjee Sherpa has won the Soaltee Crowne Plaza Annual Golf Tournament 2013 played at Gokarna Forest Resort on Saturday. Playing of 20 handicap, Sherpa was tied with Chinese Golfer Liu Jie at 41 stableford points. Sherpa scored 20 points on the front nine and 21 points on the back nine whereas Lie scored 23 on the front and 18 on the back. With the win, Ang Dorji received business class ticket to Doha, courtesy of Oman Air, along with two nights stay at intercontinental Doha and two rounds of Golf at Doha Golf Club. Lie finished runner-up in the tournament playing with 14 handicap.</div> <div> </div> <div> Lobsang Tashi won the Best Gross award with 33 gross points. Puspa Rai won the ladies category with 33 points and Rekha Ghimire finished second with 26 points.</div> <div> </div> <div> Prem Sachdev was the winner of the Senior Category with 37 points; Tsultrim Lama was second in the senior category with 36 points. Min Bahadur Raut won the Super Senior category (age 70 and above) with 30 points. Pratima Gurung scored 19 points over 9 holes to win the Junior Category and Arnav Shah was winner amongst the sub juniors. Abu Sherpa won the longest drive award and Ang Dorjee Sherpa won the closest to the pin. Sherpa also won the Hospitality Category with 30 points.</div> <div> </div> <div> A total of 105 Golfers took part in the tournament including six juniors and eight ladies. The tournament was played over 18 holes in stableford format with 7/8 handicap allowance.</div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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 Soaltee Crowne Plaza Annual Golf Tournament 2013 played at Gokarna Forest Resort on Saturday. Playing of 20 handicap, Sherpa was tied with Chinese Golfer Liu Jie at 41 stableford points.', 'sortorder' => '2098', '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' => '2255', 'article_category_id' => '99', 'title' => 'A 100 Mile Race Fundraiser For Nepali Children', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <img alt="Sushma manandhar" src="/userfiles/images/tm1%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 175px; height: 219px;" />Sushma Manandhar, a resident of Jacksonville, Florida ran the Wild Sebastian 100 mile race on November 16, 2013 to help raise funds for Muskaan Sewa Nepal, an organization that shelters underprivileged children in Nepal. Manandhar completed the race within the 32 hour time limit, running from Saturday morning till the next day afternoon. The track was inside a large forest park in Sebastian, Florida. </div> <div> </div> <div> A total of 56 registered to undertake the challenge, who were mostly veteran runners. Due to the sheer difficulty of the race, only 11 runners completed the race and Manandhar was one of them. Not only did she complete the race within time, but she was also presented with the Wild Sebastian 100 Perseverance Award. Manandhar is a Senior Accounting Manager at FIS Global and is active within the Jacksonville Nepali community. The fundraising effort will continue until the end of December, and contributions can be made online at https://fundrazr.com/campaigns/2bsKe.</div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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' => 'Sushma Manandhar, a resident of Jacksonville, Florida ran the Wild Sebastian 100 mile race on November 16, 2013 to help raise funds for Muskaan Sewa Nepal, an organization that shelters underprivileged children in Nepal.', 'sortorder' => '2097', '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' => '2254', 'article_category_id' => '99', 'title' => 'Five Star Hotels Welcome Christmas', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By TC Correspondent</strong></div> <div> </div> <div> With Christmas on its way, five star hotels are welcoming it by organising traditional cake mixing ceremony. Christmas cake mixing is an annual ceremony that marks the arrival of Christmas. Hotel Radisson organised its Traditional Christmas Cake Mixing Ceremony on December 1. This year, the program was headed by Anil Malik- General Manager of the Hotel along with in-house guests, media representatives, Head of Departments and the Executive team.</div> <div> </div> <div> In the event, the ingredients of the festive fruit cake were mixed with wine and liquor in advance so that the ingredients can develop aroma and taste. The ingredients comprised of dry fruits like black currents, sultanas, raisins, prunes, dry apricot, almond, pistachio nut, cashew nut, candied orange and glaze cherries. Wine and liquor are poured in with the mixture and fresh spices were added. </div> <div> </div> <div> Similarly, Hotel Shangrila also organized its Cake Mixing Ceremony on December 2 in the Shambala Garden to welcome Christmas. The ceremony was attended by celebrities like Nagma Shrestha, Miss Nepal Earth, 2012 and Subeksha Khadka, Miss Nepal International 2012 along with other guests. The cake mixing was done by the guests long with the chefs of the hotel. </div> <div> </div> <div> Shangrila’s cake was a mixture of rum and brandy along with different dry fruits. Mulled wine, chicken sworma, Caesar salad, sandwiches and chocolates were served in the ceremony. </div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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' => 'With Christmas on its way, five star hotels are welcoming it by organising traditional cake mixing ceremony. Christmas cake mixing is an annual ceremony that marks the arrival of Christmas. Hotel Radisson organised its Traditional Christmas Cake Mixing Ceremony on December 1. This year, the program was headed by Anil Malik- General Manager of the Hotel along with in-house guests, media representatives, Head of Departments and the Executive team.', 'sortorder' => '2096', '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' => '2253', 'article_category_id' => '152', 'title' => 'Focus Briefs (9 - 15 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:16px;"><strong>Cleaning and Maintenance of Bathroom Accessories</strong></span></div> <div> Though most of us choose bathroom accessory carefully, some of us do not do not spend time to take of them. This can lead to various problems. Considering the increasing love for modern sanitary ware and accessories, Argent Crystal Sanitary Ware has put up some cleaning and maintenance instructions for bathroom accessories. Here they are: </div> <div> </div> <div> <span style="font-size:14px;"><strong>I. Cleaning</strong></span></div> <div> •To remove stubborn dirt, surface dust and stains, which are difficult to remove, use mild liquid detergent, colorless glass cleaner or polishing fluid without abrasive effect. </div> <div> •Once cleaning is finished, be sure to rinse all cleaning agent with clear water and wipe with a dedicated maintenance cloth (or 100% cotton cloth). Otherwise, water stain may appear on the surface.</div> <div> </div> <div> <span style="font-size:14px;"><strong>II. Maintenance</strong></span></div> <div> •Maintain good ventilation in bathroom by keeping door and window open. </div> <div> •Keep dry and wet accessories separate. </div> <div> •Avoid collision with hard surface object that may damage or corrode the surface.</div> <div> •As paint has corrosive effect on the surface coating of product, be sure not to contact paint.</div> <div> •Use white cotton cloth coated with decontaminating wax to clean the entire product thoroughly every three months. This will help in extending its service life.</div> <div> </div> <div> <span style="font-size:15px;"><strong>Here are some special tips for cleaning and maintaining bathroom cabinet:</strong></span></div> <div> </div> <div> <span style="font-size:14px;"><strong>I. Cleaning</strong></span></div> <div> •Don’t wash bathroom cabinet directly. Gently wipe with a damp cloth so as to prevent corrosion due to stagnant water. Regularly dust off the bathroom cabinet with soft cloth sprayed with cleaner. Never use dry cloth for cleaning.</div> <div> •Use neutral detergent as far as possible. Toothpaste which is readily available in bathroom is a good choice for cleaning. Avoid smearing the product with other chemical solution. </div> <div> •Water mixed with residues of cleaning products like soap and facial cleanser, should be wiped immediately. (Keeping a cloth laid beneath these products is also a wise technique.)</div> <div> </div> <div> <span style="font-size:14px;"><strong>II. Maintenance</strong></span></div> <div> •Handle bathroom cabinet with care and avoid dragging forcibly; when the ground is uneven, pad the legs accordingly.</div> <div> •Ensure that water inlet pipe and outlet pipe remain seamlessly connected</div> <div> •Make regular inspection of leakages for averting the cabinets from being corroded by any leakages. </div> <div> •Avoid direct exposure to the sun.</div>', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Though most of us choose bathroom accessory carefully, some of us do not do not spend time to take of them. This can lead to various problems. Considering the increasing love for modern sanitary ware and accessories, Argent Crystal Sanitary Ware has put up some cleaning and maintenance instructions for bathroom accessories.', 'sortorder' => '2095', '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' => '2248', 'article_category_id' => '113', 'title' => 'US Dollar Exchange Rate At Local Market (2 - 8 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'US Dollar Exchange Rate At Local Market', 'sortorder' => '2094', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 10 => array( 'Article' => array( 'id' => '2251', 'article_category_id' => '108', 'title' => 'Money Matters News In Brief (9 - 15 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div> <div> <img alt="" src="/userfiles/images/mm1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 87px;" />Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries. </div> <div> </div> <div> <strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div> <div> <img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div> <div> </div> <div> <strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div> <div> <img alt="" src="/userfiles/images/mm3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 77px;" />Reliance Finance Ltd has entered the fourth year of its operation from last Tuesday. On the occasion of fifth anniversary, the Bank distributed blankets and food to the children and elders of Conflict Victim and Disabled Society in Sankhu. The Company with Rs 200 million paid-up capital has collected Rs 20 million deposit in Fiscal Year 2012-13. During the occasion, the Company informed that its deposit has increased by 19.43 per cent during the review period. </div> <div> </div> <div> <strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div> <div> <img alt="" src="/userfiles/images/mm4.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 55px;" />The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.</div> <div> </div> <div> <strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div> <div> <img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday.', 'sortorder' => '2093', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '2250', 'article_category_id' => '109', 'title' => 'Top Ten Losers (2 - 8 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Top Ten Losers', 'sortorder' => '2092', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '2249', 'article_category_id' => '111', 'title' => 'Top Ten Gainers (2 -8 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Top Ten Gainers', 'sortorder' => '2091', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 13 => array( 'Article' => array( 'id' => '2247', 'article_category_id' => '112', 'title' => 'Weekly Gold And Silver Price (2 - 8 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Weekly Gold And Silver Price', 'sortorder' => '2090', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 14 => array( 'Article' => array( 'id' => '2246', 'article_category_id' => '109', 'title' => 'Standard Chartered’s 50pc Dividend Endorsed', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> Standard Chartered Bank Ltd is distributing 50 per cent dividend to its shareholders. The 27th Annual General Meeting of the Bank held last Tuesday in capital approved the proposal of distributing 40 per cent cash dividend and 10 per cent bonus shares to its shareholders. The Bank posted Rs 1.22 billion net profit in the Fiscal Year 2012-13. According to a press release of the Bank, the net profit is 4.2 per cent higher than the last fiscal year. </div> <div> </div>', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Standard Chartered Bank Ltd is distributing 50 per cent dividend to its shareholders.', 'sortorder' => '2089', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '2261', 'article_category_id' => '158', 'title' => 'Ford Unveils All-new Mustang', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> The 2015 Ford Mustang will offer a few things you might not expect but engineers promise it will be the best ever.</div> <div> </div> <div> <span style="font-size:14px;"><strong>50th anniversary</strong></span></div> <div> Ahead of the Mustang's 50th anniversary, Ford unveiled an all-new completely redesigned Mustang with more power, better fuel economy and -- for the first time in since the 1980s -- an available four-cylinder engine, a high-powered but fuel-efficient powerplant.</div> <div> </div> <div> The Mustang GT will still have a 5.0-liter V8 but with more power than the current version and there will also be an available non-turbocharged V6 engine for price-conscious buyers. And, for the first time ever, the Mustang will have fully independent rear suspension. That's something that would have been perfectly unremarkable in any other car but which is a huge change for this performance icon.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Strong look</strong></span></div> <div> The new Mustang's body remains familiar with a long, bulging hood and stubby trunk. But the lines are a bit more muscular in the new version. The redesigned car is longer and lower than the current Mustang with a sleeker profile. It retains what Ford calls the "shark bite" front end with its signature trapezoidal grill.</div> <div> </div> <div> <span style="font-size:14px;"><strong>New engine choice</strong></span></div> <div> The new Mustang's 5.0-liter V8 engine will produce something over the current Mustang's 420 horsepower, according to Ford. The 3.7-liter V6, meanwhile, will also offer something more than the current car's 305 horsepower.</div> <div> </div> <div> But the real news is the new four-cylinder 2.3-liter turbocharged engine, which will be available as a mid-range option. This little engine will crank out 305 horsepower and more than 300 foot pounds of torque (that's the pulling power you feel on acceleration.) Even with all that, Ford is promising "class-leading" fuel economy. Official EPA fuel economy estimates for the car are not yet available. Special performance packages will be offered with both the V8 and four-cylinder turbo cars while the V6 will be offered as a low-cost, entry-level option.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Improved transmissions</strong></span></div> <div> Since this is a performance car, it's expected that a large percentage of Mustang buyers will opt for the manual transmission. This will be a six speed transmission with less space between the gears for quicker shifts. The shifter's also been moved closer to the driver's seat and away from the cupholders so drivers will no longer knock the lids off their soda cups while changing gears.</div> <div> </div> <div> The automatic transmission will now offer steering-wheel-mounted paddle shifters for the first time. The car will also automatically match engine RPM for smoother shifts even under hard acceleration or when downshifting. Paddle shifters are nothing new but Ford engineers say that, until now, there wasn't a paddle shift system they felt was worthy of the Mustang. A computer-assisted torque-vectoring program can direct power to individual rear wheels during hard turns for improved handling.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Better handling</strong></span></div> <div> The suspension on this Mustang is also completely new. The rear suspension is now an independent system in which the back wheels aren't connected by a solid axle, as they have been since the Mustang was introduced in 1964.</div> <div> </div> <div> Besides improved ride and handling qualities, an all-new front suspension design allows the car to have bigger brakes for better stopping. The car also has a stiffer, lighter body which also contributes to added control and responsiveness, Ford says. The new Mustang will be sold in countries around the world but will continue to be built at Ford's Flat Rock, Mich., assembly plant.</div> <div> <em>(Source: www.money.cnn.com)</em></div>', 'published' => true, 'created' => '2013-12-10', '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 2015 Ford Mustang will offer a few things you might not expect but engineers promise it will be the best ever.', 'sortorder' => '2103', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '2252', 'article_category_id' => '153', 'title' => 'Sanitary Ware Business Generating Employment', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Suraksha Adhikari </strong></div> <div> </div> <div> While families spend huge part of their income to furnish and decorate bedrooms and living rooms, bathrooms were usually an afterthought, tucked away in a dark aloof corner of the house. Urban Nepali have been realizing the importance of hygienic and airy bathrooms. People have started prioritizing bathroom locations and installing modern hygienic bathroom accessories. This trend has increased sanitary ware business in Nepal especially in urban areas. </div> <div> </div> <div> Bathrooms reflect an owner’s lifestyle. Having a luxurious, professionally designed living room can’t create a good impression if your guest can follow his/her nose to the bathroom. “Architects and home-owners are slowly beginning to give priority to bathrooms,” Yogendra Bajracharya of Nepal Marble Bath House, which has been in sanitary ware business for the last 16 years, said. He adds, “Urban Nepali are becoming increasingly conscious about design and use of space and are even willing to spend big bucks.”</div> <div> </div> <div> <span style="font-size:14px;"><strong>Variety of Stores in the Market</strong></span></div> <div> With the awareness about hygienic bathrooms raising in the people, sanitary ware stores are also mushrooming in the market. Sanitary wares business is booming and some of these stores are making good profit. </div> <div> </div> <div> Home Furnishers Pvt Ltd at Tripureshwor has all kind of branded fixtures and fittings products such as commode, wash basin, faucets, bathroom accessories, shower curtains and curtain rods, bathtubs, wall and floor tiles, electric water heaters and many more. The company imports brands like Mogen, Hansa, Ridder, Kaldewi, Justime, Navarti, Ariston and Dia Safe from Thailand, Germany, Taiwan, Spain, Italy and Korea respectively. </div> <div> </div> <div> Rajendra Shrestha, Manager Director of the company informed that sales increased by 20 per cent as compared to same period of last year. Targeted at high-end and middle high class customers, Home Furnishers provides warranty of 10 to 30 years. Corresponding to higher cost prices of the product, he says the high cost is justified by quality of the product. </div> <div> </div> <div> Somany — an Indian brand for faucets, sanitary wares and tiles offers economic and luxurious range of products. Tiles are their most popular product in their portfolio and are sold mostly in September, Samish Maskey, director of Somany Studio at Koteshworsaid. Faucets, commodes, wash basin, Jacuzzi, among others are available at the store. The company provides 10 years of warranty on every product. Maskey informed that the company regularly updates their product range to ensure that their customers get to choose from the trendiest designs in the market. </div> <div> </div> <div> Bajra and Bajracharya Enterprises (BBE) at Lagankhel trades in a variety range of products of Kohler, Leno, Porcelanosa, CRW, Nova, Halcon, Kludi, Yojo and others in fixtures and fittings. Anuj Maskey, marketing officer at BBE, says that they have a wide range of products that can suit the needs of people from all walks of life. The merchandises at the store are imported from India, China, US, Germany and Spain.</div> <div> </div> <div> With a diverse range of innovative products, clients don’t have to compromise on design and even smaller bathrooms can be cleverly utilised. “Products like shower enclosures have revolutionised bathing and added elegance to bathrooms,” Rajesh Budhiya of Rukmani International, said. </div> <div> </div> <div> Slippery tiles and sharp edges make bathrooms accident-prone spaces, especially for the elderly. Now new designs can be incorporated to improve safety. “Coarse bathroom tiles made of non-glazed ceramics can be used to minimise slipperiness of bathroom tiles,” Birbal Dugar of Dugar Iron and Steels, explained. “We offer innovative taps which automatically set the water temperature below 400 degree Celcius,” Budhiya added. </div> <div> </div> <div> Hygienic and easy–to-clean facilities are also widely available. “Rust proof PVC pipes which donot allow bacteria to breed inside their inner surfaces are very popular these days,” BijayaRai of Mangalam industries, says. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Price of Sanitary ware</strong></span></div> <div> Sanitary ware stores in the capital offer an extensive range of products in contemporary designs with high safety features, catering to the demands of urban homes. While durability is still the most important factor, store owners say customers now think about aesthetics as well. “Most of our customers’ still look for the mid ranged sanitary products and prefer durability over style,” Sanjay Kedia of Rajesh Sanitary Ware said. However there is gradual rise in the demand for high end goods like Jacuzzis, steam cabin and shower enclosures.”</div> <div> </div> <div> The product range of sanitary wares varies from company to company according to quality and preferences of the customers. Sanitary stores in Kathmandu mostly target high and middle class people as their customers.</div> <div> </div> <div> The price of sanitary wares at Home Furnishers Pvt Ltd ranges from Rs 23,500 to Rs 85,000, while faucets are priced at Rs 12,700 to Rs 53,000. Their anti-bacteria and machine washable shower curtains and curtain rods from Ridder brands are priced between Rs 2,000 to Rs 5,700. The steel ceramic enamel bathtub cost between Rs 35,000 to Rs 38,000.</div> <div> </div> <div> The faucets at Somany Studio are priced between Rs 2,000 to Rs 60,000 while commodes are cost Rs 8,000 to Rs 150,000. The price of wash basins available at the store range from Rs 2,100 up to Rs 50,000 while that of Jacuzzi range from Rs 165,000 to Rs 250,000.</div> <div> </div> <div> <span style="font-size:14px;"><strong><img alt="" src="/userfiles/images/fc1%20(Copy)(1).jpg" style="width: 550px; height: 239px; margin-left: 10px; margin-right: 10px;" /></strong></span></div> <div> </div> <div> <span style="font-size:14px;"><strong>Employment Generation</strong></span></div> <div> With the surge in construction of modern buildings, employment opportunities related to sanitary wares have been also increasing. According to the statistics of Kathmandu Metropolitan City (KMC), around 40,000 houses are being constructed in Kathmandu valley annually. Similarly, construction of houses task outside valley has also been increasing in same pace. This has been contributing to employment and income generation activities in this sector. </div> <div> </div> <div> Indrakumar Nakarmi, Senior Monitoring and Evaluation officer at Skill Nepal, said that the internal re-structuring of houses also have supported to the growth of this business. “An old-design house consisted only of a single bathroom but modern-design houses these days have bathroom in each flat and some even have bathroom attached to bedroom,” he added. This has also contributed to the increase in employment generation activities. </div> <div> </div> <div> <span style="font-size:14px;"><strong>Increasing Sales</strong></span></div> <div> The real estate business had slowed down some years earlier due to various reasons. But it is recovering gradually nowdays. A corresponding effect of this business is also seen in sanitary ware business. Komal Mainali, Managing Director of Business Concerns Pvt Ltd, said that the sales of sanitary ware products have increased at the rate of 10 to 12 per cent annually in last few years. </div> <div> </div> <div> Nepal’s sanitary ware industry relies heavily on imports from China, India, Spain and Italy. While custom duty on bathroom installations is low, duty on tiles can reach up to 70 per cent.</div> <div> </div> <div> <span style="font-size:14px;"><strong>Problems and Challenges</strong></span></div> <div> Lack of awareness of the people outside the valley has been hindering expansion of the business outside valley, traders in the niche say. Along with that it has been hard for any brand to maintain its reputation in the market due to the unequal and unhealthy competition primarily triggered due to the mushrooming of sanitary ware companies in the market. </div> <div> </div> <div> Rajendra Shrestha, Managing Director of Home Furnishers, says, “Political instability, weak economy, stagnancy in real estate industry and decreasing purchasing power of the customers are factors affecting the sanitary ware business.”However, traders are still doing good business due to apartment and hotel construction. Renovation of older houses that look for accommodating better furnished modern bathrooms is another major factor that keeps the trading graph up the hill.</div>', 'published' => true, 'created' => '2013-12-09', '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' => 'While families spend huge part of their income to furnish and decorate bedrooms and living rooms, bathrooms were usually an afterthought, tucked away in a dark aloof corner of the house. Urban Nepali have been realizing the importance of hygienic and airy bathrooms.', 'sortorder' => '2102', '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' => '2259', 'article_category_id' => '100', 'title' => 'Tourism Briefs (9 - 15 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:14px;"><strong>New Terminal Opens at Goa Airport</strong></span></div> <div> <img alt="" src="/userfiles/images/tm4%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 125px; height: 88px;" />A new integrated terminal building was inaugurated at Goa airport by Ajit Singh, Minister of Civil Aviation. The new terminal building capable of handling domestic and international operations offers facilities like passenger boarding bridges, inline compatible baggage handling system, software based building management system, elevators and escalators. With an investment of USD 55.2 million, the terminal building can handle 2,750 peak hour passengers at a time. Speaking on the occasion, Singh said, “Providing quality aviation infrastructure commensurate with the expected passenger traffic growth is high on priority of my ministry. Goa airport with 1,000 plus annual international charter flights account for almost 90% of India’s international charter tourist flights. In the year 2012-13, Goa airport handled 1,208 charter flights, an increase of 45% over the year 2011-12.” <em>(Traveldailymedia.com)</em></div> <div> </div> <div> <span style="font-size:14px;"><strong>IHG to Recruit 110,000 Staff in China</strong></span></div> <div> <img alt="" src="/userfiles/images/tm5%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 125px; height: 90px;" />InterContinental Hotels Group (IHG) has unveiled plans to recruit another 110,000 staff in China, as it looks to double its portfolio in the country. The company currently employs nearly 60,000 staff at its properties and corporate office across 70 Chinese cities. But with IHG’s portfolio expected to increase from 200 hotels at present to almost 400 in the coming years, IHG said it will need to recruit more than 110,000 employees between 2013 and 2015. This would represent a 183% increase in the company’s nationwide headcount. (Traveldailymedia.com)</div> <div> </div> <div> </div> <div> <span style="font-size:14px;"><strong>Atlantis, the Palm Promises World Class Fireworks this New Year</strong></span></div> <div> <img alt="" src="/userfiles/images/tm6%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px;width: 125px; height: 84px;" />With Dubai set to break the world record for the biggest fireworks display ever, Atlantis, The Palm is the place to be to experience the greatest celebration on earth! Set to be bigger and brighter than the previous world record held by Kuwait for the 50th anniversary of its constitution in November 2012, Atlantis invites guests to be a part of history this New Year’s Eve with front row seats to the huge fireworks extravaganza. With well over 77,000 fireworks lighting up the midnight sky to beautifully orchestrated music, the spectacular New Year’s Eve Royal Gala Dinner returns this year with the promise of an unprecedented light show that is guaranteed to mesmerise in house guests from across the globe, as well as regional visitors celebrating the night at the resort, as Dubai secures the UAE’s 132nd World Record. (Travelandtourworld.com)</div> <div> </div> <div> <span style="font-size:14px;"><strong>3rd International Conference on Tourism and Media</strong></span></div> <div> <img alt="" src="/userfiles/images/tm7%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px;width: 300px; height: 89px;" />The impact of technological innovation and evolving media channels on tourism communication was the focus of the 3rd UNWTO International Conference on Tourism and the Media, part of an ongoing series aimed to lend tourism a higher level of editorial recognition (2-3 December 2013, Estoril, Portugal).Centered around the theme, “How new media is shaping the news”, the Conference addressed, among others, the issues of tourism in today´s media coverage, the new media environment, the emergence of bloggers as influential news sources, and the transversal impact of technology on all communication formats. There were 200 participants from 30 countries, including private and public tourism stakeholders, media and academicians in the Conference. (Traveldailynews.com)</div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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' => 'A new integrated terminal building was inaugurated at Goa airport by Ajit Singh, Minister of Civil Aviation. The new terminal building capable of handling domestic and international operations offers facilities like passenger boarding bridges, inline compatible baggage handling system, software based building management system, elevators and escalators.', 'sortorder' => '2101', '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' => '2258', 'article_category_id' => '99', 'title' => 'Qatar To Fly To Dallas', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <img alt="" src="/userfiles/images/tm3%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 150px; height: 131px;" />Qatar Airways has announced that it will be extending its network in the USA by adding Dallas/Fort Worth (DFW) as its seventh gateway to the country. According to the airline, the service will start from July 1, 2014.The destination will become Qatar Airways’ second route in Texas. The airline currently operates to Houston non-stop daily from Doha.</div> <div> </div> <div> “It is an exciting start to 2014 that we have announced three new American routes, and we look forward to welcoming our new and loyal passengers on board,’ says a statement from the airline. The Dallas/Fort Worth route will be operated daily with the airline’s flagship Boeing 777-200LR aircraft, which features a two-class design with 42 Business Class lie-flat seats in a 2-2-2 configuration. </div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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 be extending its network in the USA by adding Dallas/Fort Worth (DFW) as its seventh gateway to the country.', 'sortorder' => '2100', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '2257', 'article_category_id' => '99', 'title' => 'THAI Celebrated 46th Anniversary In Nepal', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By TC Correspondent</strong></div> <div> </div> <div> Thai Airways International (THAI) organised a program at Hotel Yak and Yeti on Saturday to celebrate its 46th anniversary in Nepal. The event was attended by Ambassadors and diplomats, INGOs and expatriates, high ranking government officials, media personalities and tourism related personnel.</div> <div> </div> <div> In the ceremony, THAI distributed Hall of Fame awards to the Top Passenger and Cargo Sales Agents along with the Top Supporting Agents for their performance and support. The awards were distributed by Chantouch Srinilta, General Manager Nepal and Bhutan, Thai Arilines. The programme was followed by team building exercise among the participants and THAI staff. THAI operated its first flight to Kathmandu on 4th December 1968.</div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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' => 'Thai Airways International (THAI) organised a program at Hotel Yak and Yeti on Saturday to celebrate its 46th anniversary in Nepal. The event was attended by Ambassadors and diplomats, INGOs and expatriates, high ranking government officials, media personalities and tourism related personnel.', 'sortorder' => '2099', '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' => '2256', 'article_category_id' => '99', 'title' => 'Sherpa Wins Soaltee Crowne Plaza Annual Golf Tournament', 'sub_title' => '', 'summary' => null, 'content' => '<div> Ang Dorjee Sherpa has won the Soaltee Crowne Plaza Annual Golf Tournament 2013 played at Gokarna Forest Resort on Saturday. Playing of 20 handicap, Sherpa was tied with Chinese Golfer Liu Jie at 41 stableford points. Sherpa scored 20 points on the front nine and 21 points on the back nine whereas Lie scored 23 on the front and 18 on the back. With the win, Ang Dorji received business class ticket to Doha, courtesy of Oman Air, along with two nights stay at intercontinental Doha and two rounds of Golf at Doha Golf Club. Lie finished runner-up in the tournament playing with 14 handicap.</div> <div> </div> <div> Lobsang Tashi won the Best Gross award with 33 gross points. Puspa Rai won the ladies category with 33 points and Rekha Ghimire finished second with 26 points.</div> <div> </div> <div> Prem Sachdev was the winner of the Senior Category with 37 points; Tsultrim Lama was second in the senior category with 36 points. Min Bahadur Raut won the Super Senior category (age 70 and above) with 30 points. Pratima Gurung scored 19 points over 9 holes to win the Junior Category and Arnav Shah was winner amongst the sub juniors. Abu Sherpa won the longest drive award and Ang Dorjee Sherpa won the closest to the pin. Sherpa also won the Hospitality Category with 30 points.</div> <div> </div> <div> A total of 105 Golfers took part in the tournament including six juniors and eight ladies. The tournament was played over 18 holes in stableford format with 7/8 handicap allowance.</div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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 Soaltee Crowne Plaza Annual Golf Tournament 2013 played at Gokarna Forest Resort on Saturday. Playing of 20 handicap, Sherpa was tied with Chinese Golfer Liu Jie at 41 stableford points.', 'sortorder' => '2098', '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' => '2255', 'article_category_id' => '99', 'title' => 'A 100 Mile Race Fundraiser For Nepali Children', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <img alt="Sushma manandhar" src="/userfiles/images/tm1%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 175px; height: 219px;" />Sushma Manandhar, a resident of Jacksonville, Florida ran the Wild Sebastian 100 mile race on November 16, 2013 to help raise funds for Muskaan Sewa Nepal, an organization that shelters underprivileged children in Nepal. Manandhar completed the race within the 32 hour time limit, running from Saturday morning till the next day afternoon. The track was inside a large forest park in Sebastian, Florida. </div> <div> </div> <div> A total of 56 registered to undertake the challenge, who were mostly veteran runners. Due to the sheer difficulty of the race, only 11 runners completed the race and Manandhar was one of them. Not only did she complete the race within time, but she was also presented with the Wild Sebastian 100 Perseverance Award. Manandhar is a Senior Accounting Manager at FIS Global and is active within the Jacksonville Nepali community. The fundraising effort will continue until the end of December, and contributions can be made online at https://fundrazr.com/campaigns/2bsKe.</div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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' => 'Sushma Manandhar, a resident of Jacksonville, Florida ran the Wild Sebastian 100 mile race on November 16, 2013 to help raise funds for Muskaan Sewa Nepal, an organization that shelters underprivileged children in Nepal.', 'sortorder' => '2097', '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' => '2254', 'article_category_id' => '99', 'title' => 'Five Star Hotels Welcome Christmas', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By TC Correspondent</strong></div> <div> </div> <div> With Christmas on its way, five star hotels are welcoming it by organising traditional cake mixing ceremony. Christmas cake mixing is an annual ceremony that marks the arrival of Christmas. Hotel Radisson organised its Traditional Christmas Cake Mixing Ceremony on December 1. This year, the program was headed by Anil Malik- General Manager of the Hotel along with in-house guests, media representatives, Head of Departments and the Executive team.</div> <div> </div> <div> In the event, the ingredients of the festive fruit cake were mixed with wine and liquor in advance so that the ingredients can develop aroma and taste. The ingredients comprised of dry fruits like black currents, sultanas, raisins, prunes, dry apricot, almond, pistachio nut, cashew nut, candied orange and glaze cherries. Wine and liquor are poured in with the mixture and fresh spices were added. </div> <div> </div> <div> Similarly, Hotel Shangrila also organized its Cake Mixing Ceremony on December 2 in the Shambala Garden to welcome Christmas. The ceremony was attended by celebrities like Nagma Shrestha, Miss Nepal Earth, 2012 and Subeksha Khadka, Miss Nepal International 2012 along with other guests. The cake mixing was done by the guests long with the chefs of the hotel. </div> <div> </div> <div> Shangrila’s cake was a mixture of rum and brandy along with different dry fruits. Mulled wine, chicken sworma, Caesar salad, sandwiches and chocolates were served in the ceremony. </div>', 'published' => true, 'created' => '2013-12-10', 'modified' => '2013-12-10', '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' => 'With Christmas on its way, five star hotels are welcoming it by organising traditional cake mixing ceremony. Christmas cake mixing is an annual ceremony that marks the arrival of Christmas. Hotel Radisson organised its Traditional Christmas Cake Mixing Ceremony on December 1. This year, the program was headed by Anil Malik- General Manager of the Hotel along with in-house guests, media representatives, Head of Departments and the Executive team.', 'sortorder' => '2096', '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' => '2253', 'article_category_id' => '152', 'title' => 'Focus Briefs (9 - 15 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:16px;"><strong>Cleaning and Maintenance of Bathroom Accessories</strong></span></div> <div> Though most of us choose bathroom accessory carefully, some of us do not do not spend time to take of them. This can lead to various problems. Considering the increasing love for modern sanitary ware and accessories, Argent Crystal Sanitary Ware has put up some cleaning and maintenance instructions for bathroom accessories. Here they are: </div> <div> </div> <div> <span style="font-size:14px;"><strong>I. Cleaning</strong></span></div> <div> •To remove stubborn dirt, surface dust and stains, which are difficult to remove, use mild liquid detergent, colorless glass cleaner or polishing fluid without abrasive effect. </div> <div> •Once cleaning is finished, be sure to rinse all cleaning agent with clear water and wipe with a dedicated maintenance cloth (or 100% cotton cloth). Otherwise, water stain may appear on the surface.</div> <div> </div> <div> <span style="font-size:14px;"><strong>II. Maintenance</strong></span></div> <div> •Maintain good ventilation in bathroom by keeping door and window open. </div> <div> •Keep dry and wet accessories separate. </div> <div> •Avoid collision with hard surface object that may damage or corrode the surface.</div> <div> •As paint has corrosive effect on the surface coating of product, be sure not to contact paint.</div> <div> •Use white cotton cloth coated with decontaminating wax to clean the entire product thoroughly every three months. This will help in extending its service life.</div> <div> </div> <div> <span style="font-size:15px;"><strong>Here are some special tips for cleaning and maintaining bathroom cabinet:</strong></span></div> <div> </div> <div> <span style="font-size:14px;"><strong>I. Cleaning</strong></span></div> <div> •Don’t wash bathroom cabinet directly. Gently wipe with a damp cloth so as to prevent corrosion due to stagnant water. Regularly dust off the bathroom cabinet with soft cloth sprayed with cleaner. Never use dry cloth for cleaning.</div> <div> •Use neutral detergent as far as possible. Toothpaste which is readily available in bathroom is a good choice for cleaning. Avoid smearing the product with other chemical solution. </div> <div> •Water mixed with residues of cleaning products like soap and facial cleanser, should be wiped immediately. (Keeping a cloth laid beneath these products is also a wise technique.)</div> <div> </div> <div> <span style="font-size:14px;"><strong>II. Maintenance</strong></span></div> <div> •Handle bathroom cabinet with care and avoid dragging forcibly; when the ground is uneven, pad the legs accordingly.</div> <div> •Ensure that water inlet pipe and outlet pipe remain seamlessly connected</div> <div> •Make regular inspection of leakages for averting the cabinets from being corroded by any leakages. </div> <div> •Avoid direct exposure to the sun.</div>', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Though most of us choose bathroom accessory carefully, some of us do not do not spend time to take of them. This can lead to various problems. Considering the increasing love for modern sanitary ware and accessories, Argent Crystal Sanitary Ware has put up some cleaning and maintenance instructions for bathroom accessories.', 'sortorder' => '2095', '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' => '2248', 'article_category_id' => '113', 'title' => 'US Dollar Exchange Rate At Local Market (2 - 8 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'US Dollar Exchange Rate At Local Market', 'sortorder' => '2094', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 10 => array( 'Article' => array( 'id' => '2251', 'article_category_id' => '108', 'title' => 'Money Matters News In Brief (9 - 15 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <span style="font-size:16px;"><strong>Jyoti, Sewa in Remittance Pact</strong></span></div> <div> <img alt="" src="/userfiles/images/mm1.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 87px;" />Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday. Following the agreement, remittance services of Sewa Remit’s would be available from all the branches of Jyoti Development Bank. Sewa Remit is providing the remittance services mainly from the gulf countries. </div> <div> </div> <div> <strong><span style="font-size:16px;">Best Remit Signs Pact with 11 BFIs</span></strong></div> <div> <img alt="" src="/userfiles/images/mm2.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 104px;" />In a bid to expand its services, Best Remit Nepal Pvt Ltd has signed remittance agreement with 11 various banking and financial institutions. The Company, which has been attracting remittance from various countries, has said that it signed agreement with various BFIs based in urban and rural areas. The company has recently signed the remittance Birendranagar based Kaakrebihar Development Bank, Gorkha based Manaslu Development Bank, Butwal-based Ekata Development Bank, Morang based Saptakoshi Development Bank, Nawalparasi based Rising Development Bank and Lalitpur based Sagarmatha Merchant Banking and Finance. Likewise, Best Remit has also signed the agreement with Guheswori Merchant Banking and Finance and Reliance Finance of Kathmandu, among other BFIs. </div> <div> </div> <div> <strong><span style="font-size:16px;">Reliance Finance in Fifth Year</span></strong></div> <div> <img alt="" src="/userfiles/images/mm3.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 77px;" />Reliance Finance Ltd has entered the fourth year of its operation from last Tuesday. On the occasion of fifth anniversary, the Bank distributed blankets and food to the children and elders of Conflict Victim and Disabled Society in Sankhu. The Company with Rs 200 million paid-up capital has collected Rs 20 million deposit in Fiscal Year 2012-13. During the occasion, the Company informed that its deposit has increased by 19.43 per cent during the review period. </div> <div> </div> <div> <strong><span style="font-size:16px;">Triveni to Distribute 20pc Dividend</span></strong></div> <div> <img alt="" src="/userfiles/images/mm4.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 200px; height: 55px;" />The 10th Annual General Meeting (AGM) of the Triveni Development Bank has approved the 20 per cent dividend distribution proposal. The AGM of the Bank held at Bharatpur last Friday has endorsed the 20 per cent dividend- 19 per cent bonus shares and 1 per cent cash. The Company has said that its paid-up capital will exceed Rs 370 million after distributing the approved bonus. The AGM has also unanimously elected Prof Dr Bhim Prashad Neupane, Lok Bahadur KC, Raj Kumar Shrestha, Bijay Subedi, Tanka Prashad Dhakal and Nir Prashad Lamichhane to represent the share holders in the Board of the Directors.</div> <div> </div> <div> <strong><span style="font-size:16px;">BOK Joins Hand with BHCT</span></strong></div> <div> <img alt="" src="/userfiles/images/mm5.jpg" style="float: left; margin: 0px 10px 0px 0px;width: 100px; height: 75px;" />Bank of Kathmandu Limited has signed an agreement with The Blueberry Hill Charitable Trust (BHCT) for Samriddha Pahad Project and Sustainable Access to Finance and Livelihood Project (SAFAL Nepal). The agreement was made so as to explore opportunities in increasing access to finance for rural smallholder farmers, small and micro entrepreneurs (SMEs) and other relevant business entities in Nepal.</div>', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Jyoti Development Bank Ltd and Sewa Remit Pvt Ltd have signed an agreement to provide remittance service. Bank’s Chief Executive Officer (CEO) Govinda Prashad Upadhyaya and Sewa Remit’s Managing Director Damodar Khanal signed the agreement last Tuesday.', 'sortorder' => '2093', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '2250', 'article_category_id' => '109', 'title' => 'Top Ten Losers (2 - 8 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Top Ten Losers', 'sortorder' => '2092', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '2249', 'article_category_id' => '111', 'title' => 'Top Ten Gainers (2 -8 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Top Ten Gainers', 'sortorder' => '2091', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 13 => array( 'Article' => array( 'id' => '2247', 'article_category_id' => '112', 'title' => 'Weekly Gold And Silver Price (2 - 8 December 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Weekly Gold And Silver Price', 'sortorder' => '2090', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 14 => array( 'Article' => array( 'id' => '2246', 'article_category_id' => '109', 'title' => 'Standard Chartered’s 50pc Dividend Endorsed', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> Standard Chartered Bank Ltd is distributing 50 per cent dividend to its shareholders. The 27th Annual General Meeting of the Bank held last Tuesday in capital approved the proposal of distributing 40 per cent cash dividend and 10 per cent bonus shares to its shareholders. The Bank posted Rs 1.22 billion net profit in the Fiscal Year 2012-13. According to a press release of the Bank, the net profit is 4.2 per cent higher than the last fiscal year. </div> <div> </div>', 'published' => true, 'created' => '2013-12-09', 'modified' => '2013-12-09', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Standard Chartered Bank Ltd is distributing 50 per cent dividend to its shareholders.', 'sortorder' => '2089', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
