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			'title' => 'Tara Air Adds New Dornier',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Tara Air has added a Dornier Do228-212 aircraft to its fleet. According to the Airline, the new aircraft will aid in expanding its services to rural areas of Nepal and will also support the trekking industry. &nbsp;With the new addition, Tara Air now operates a fleet of four Canadian built DHC6-300 Twin Otters and three German built Dornier Do228-212 aircrafts.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;The aircraft has been specifically purchased to support the country&rsquo;s trekking industry and to provide transportation and food supply to rural areas of Nepal where we have been the only airline flying on a regular basis,&rdquo; said Roshan Regmi, Marketing Manager of Tara Air.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The 18-seater Dornier Do228-212 is a Short Take Off and Landing (STOL) capable aircraft, ideal for operating in short, high altitude runways such as Lukla and Jomsom. &nbsp;This Honeywell TPE 331-10 twin engine powered aircraft is equipped with the latest Enhanced Ground Proximity Warning System (EGPWS) and the advanced Traffic Collision Awareness System II (TCAS II) and meets all the airworthiness standards of the Civil Aviation Authority of Nepal.</div>',
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			'description' => 'Tara Air has added a Dornier Do228-212 aircraft to its fleet. According to the Airline, the new aircraft will aid in expanding its services to rural areas of Nepal and will also support the trekking industry.  With the new addition, Tara Air now operates a fleet of four Canadian built DHC6-300 Twin Otters and three German built Dornier Do228-212 aircrafts',
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			'title' => 'Tourism Briefs (21 -27 October 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong style="font-size: 14px;">India Gets Re-elected in ICAO Council</strong></div>
<div>
	India has been re-elected in the new Council of International Civil Aviation Organization (ICAO), as one of the states making the largest contribution to the provision of facilities for international civil air navigation. The 38th session of the Assembly of ICAO completed the election of the Council in Montreal on 1 October. The 36- member Council is the governing body of the Organization and is elected for a three-year term. (Traveldailymedia.com)&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>UN calls for single Silk Road visa</strong></span></div>
<div>
	The UN has called for a single tourist visa for countries in Central Asia, to boost tourism development along the ancient Silk Road. At the UNESCO and UNWTO-led &lsquo;Silk Roads Heritage Corridors Tourism Strategy Workshop&rsquo;, which was held in Kazakhstan earlier this month, representatives from the UN&rsquo;s tourism and heritage bodies said China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan &ldquo;must work towards a single Silk Road visa&rdquo; if the potential for tourism growth along the Silk Road Heritage Corridors is to be fully realised. Complicated visa systems, inefficient application processes and high fees hinder the development of the Silk Road as a tourism destination, they added. To boost tourism and conservation in the region, two World Heritage nominations for the Silk Roads Heritage Corridors in Central Asia and China have been submitted to UNESCO. (Traveldailymedia.com)</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>International Tourism on the Rise</strong></span></div>
<div>
	Demand for international tourism remained strong throughout the first eight months of 2013, according to the latest UNWTO World Tourism Barometer. Between January and August, the number of international tourists worldwide grew by 5 per cent, driven by strong results in Europe, Asia and the Pacific and the Middle East. UNWTO&rsquo;s Panel of Experts confirms this positive trend. Its evaluation of the May-August period shows a significant improvement in confidence, while prospects for the last four months of 2013 remain upbeat. In the first eight months of the year, international tourist arrivals grew by 5 per cent to reach a record 747 million worldwide, some 38 million more than in the same period of 2012. Europe (+5 per cent) benefited the most from the growth of tourism in the first eight months of 2013, with an estimated 20 million more arrivals in the region. &nbsp; (Traveldailynews.com)</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>TripAdvisor Launches Groundbreaking New Service TripConnect&nbsp;</strong></span></div>
<div>
	TripAdvisor has launched its innovative TripConnect service. The self-service platform, a first for the hospitality sector, allows TripAdvisor Business Listings subscribers to participate in Hotel Price Comparison and to drive direct bookings from TripAdvisor to their own property&rsquo;s website. Each month, over 260 million unique users visit TripAdvisor to plan travel. TripConnect will enable independent accommodation owners to bid for this traffic, an option previously only available to online travel agents and large hotel chains. These independent hotels and B&amp;Bs will be able to add their own room rates and availability, allowing travellers to click directly through to the property&rsquo;s own website to make a booking. (Traveldailynews.com)</div>',
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			'description' => 'India has been re-elected in the new Council of International Civil Aviation Organization (ICAO), as one of the states making the largest contribution to the provision of facilities for international civil air navigation. The 38th session of the Assembly of ICAO completed the election of the Council in Montreal on 1 October. The 36- member Council is the governing body of the Organization and is elected for a three-year term',
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			'id' => '1986',
			'article_category_id' => '156',
			'title' => 'It’s Not A Failure To Fail',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Alan Iny</strong></div>
<div>
	&nbsp;</div>
<div>
	Philip Terzian, a prominent Washington journalist, wrote a column earlier this year that every professional should read. The column details Terzian&rsquo;s schoolboy struggles with what he calls &ldquo;the scourge of mathematics.&rdquo; So bad was his math ineptitude that the prep school he was attending declared him &ldquo;not college material&rdquo; and sent him packing. He moved on, graduated from Villanova University, and has had a long and successful career, including stints at the Los Angeles Times, the Providence Journal and the Weekly Standard.</div>
<div>
	&nbsp;</div>
<div>
	Failure is dreaded in much of the world, but it shouldn&rsquo;t be. If it&rsquo;s a failing grade due to laziness or lack of effort, it&rsquo;s not something to celebrate. But if you try something new and fail, you&rsquo;ve at least shown a willingness to take risks &ndash; one of the hallmarks of creativity.Virtually everyone fails at something at some time; it&rsquo;s not the end of the world. And it can often be the catalyst that ultimately leads to success. The advice is good in the lead song from the Fred Astaire-Ginger Rogers movie, Swing Time: &ldquo;Pick yourself up, dust yourself off, start all over again.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	It took Thomas Edison hundreds of tries before he successfully came up with a commercially viable incandescent light bulb. Oprah Winfrey, at age 22, was fired from a television reporting job because she wasn&rsquo;t right for TV, in the view of her then employer. The Beatles were let go by their first record label. (Hat tip: Business Insider&rsquo;s 15 People Who Failed Before Becoming Famous)</div>
<div>
	&nbsp;</div>
<div>
	The best thing, in my opinion, is to proactively fail. Go big; fall hard. And I&rsquo;m not alone.</div>
<div>
	&nbsp;</div>
<div>
	Grey advertising celebrates &ldquo;failures of daring and audacity&rdquo; with a quarterly Heroic Failures award. &ldquo;Better to attempt something astonishing and go down in flames than to gingerly hold back,&rdquo; the company says. In business, challenging who we are, what we do, and how we do it should be an ongoing and permanent process. When you stand still, you fall behind.</div>
<div>
	&nbsp;</div>
<div>
	Consider TV news. The old news format, which prevailed for more than three decades, presented &ldquo;news&rdquo; in regularly scheduled, usually 30-minute, packages. Ted Turner believed this concept was outdated. So, in 1980 his Turner Broadcasting System launched Cable News Network (CNN), offering news reports all day long, in real time.</div>
<div>
	&nbsp;</div>
<div>
	This &lsquo;new box&rsquo; for news, which seems obvious today, was by no means guaranteed to succeed. &nbsp;CNN lost money in its first years and was ridiculed for attempting to change people&rsquo;s perceptions about the news so dramatically. &nbsp;Over time, however, it came to be known for live coverage of events around the world, and regularly scooped other news outlets.</div>
<div>
	&nbsp;</div>
<div>
	Still, no good idea is good forever, and by the end of the 1990s CNN was struggling to regain a leading share of an industry that more subjective &lsquo;talk radio&rsquo; types of television had come to dominate.</div>
<div>
	&nbsp;</div>
<div>
	Breakthrough creativity requires recognizing and challenging your mental autopilot: the firmly held assumptions and beliefs that box you in, define who you are, and limit what you do. And this applies, even when your business &ndash; career, job, company &ndash; is doing well. Don&rsquo;t wait for a crisis to challenge the old and seek out the new.</div>
<div>
	&nbsp;</div>
<div>
	So the next time things are going swimmingly, remember this: Even when we&rsquo;re doing well, we need to be creative, put our imagination to work, and try to do something new and better. That is worthwhile regardless of where it leads.</div>
<div>
	&nbsp;</div>
<div>
	(<em>Alan Iny is senior global specialist in business creativity at The Boston Consulting Group (BCG) and co-author, with BCG senior adviser Luc de Brabandere, of the newly-published Thinking in New Boxes: A New Paradigm for Business Creativity.)</em></div>
<div>
	<em>(http://blogs.wsj.com/atwork)</em></div>',
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			'modified' => '2013-11-11',
			'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' => 'Philip Terzian, a prominent Washington journalist, wrote a column earlier this year that every professional should read. The column details Terzian’s schoolboy struggles with what he calls “the scourge of mathematics.” So bad was his math ineptitude that the prep school he was attending declared him “not college material” and sent him packing. He moved on, graduated from Villanova University, and has had a long and successful career, including stints at the Los Angeles Times, the Providence Journal and the Weekly Standard.',
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			'id' => '1979',
			'article_category_id' => '140',
			'title' => 'Political Parties Campaigning Sans Poll Manifesto',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>--By Sagar Ghimire</strong></div>
<div>
	&nbsp;</div>
<div>
	With the Constituent Assembly (CA) poll just a month away, most of the political parties have intensified poll campaigning for the polls without their election manifestos. <span class="Apple-tab-span" style="white-space: pre;"> </span></div>
<div>
	&nbsp;</div>
<div>
	So far, UCPN (Maoist), Rajendra Mahato-led Sadbhavana Party (SP), Kamal Thapa-led Rastriya Prajatantra Party- Nepal (RPP-Nepal), and a few other fringe parties, only have unveiled their election manifesto. RPP-Nepal was the first political party to come up publicly with its election manifesto on October 8 while the major parties like &nbsp;Nepali Congress (NC) and CPN-UML are yet to make their manifesto public until this scribe went to press on Sunday.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Though the manifesto has already been endorsed by the CPN (UML) Standing Committee meeting on October 15, it has not been made public yet.</div>
<div>
	&nbsp;</div>
<div>
	The manifesto drafting committee (MDC) of the NC has already finalised the draft, the MDC has circulated the draft to the leaders of the party for a final call. According to NC sources, the party will make its manifesto public only after a couple of days.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>&ldquo;Directly elected prez, PM from parliament&rdquo;</strong></span></div>
<div>
	The UCPN (Maoist) has proposed a directly elected presidential system and Prime Minister elected from the parliament to run the daily administration as the form of governance and 11-province model for the state restructuring. 11 autonomous provinces have been proposed based on ethnicity, language, identity, economic interrelations, infrastructure development, availability of natural resources and administrative accessibility. The 11 provinces include Seti-Mahakali, Bheri-Karnali, Magarat, Tamuwan, Tamsaling, Newa, Kirant, Limbuwan, Tharuwan, Madhesh and Kochila. Likewise, in its manifesto, the party has claimed to uplift the country&rsquo;s economic status to high level as well as ending poverty within 15 years. Unveiling its manifesto in capital last Saturday, UCPN (Maoist) chairperson Pushpa Kamal Dahal has pledged to implement the manifesto in a &lsquo;true sense&rsquo;.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>SP bats two provinces in Madhes</strong></span></div>
<div>
	Amid demands of &lsquo;one Madhes, one province&rsquo; by the Madhes-based parties, SP has proposed two provinces in Madhes. SP has proposed that the whole Madhes be divided into two provinces&mdash; East and West of Narayani. Chairman of the SP, Rajendra Mahato, made the manifesto public organizing a press conference in the capital last Friday and said his party was for 10 states as proposed by State Restructuring Committee of the erstwhile CA. The party also proposed constitutional presidential system elected from both the houses of bicameral legislation and Prime Minister as the executive chief.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>RPP-Nepal for reinstatement of monarchy&nbsp;</strong></span></div>
<div>
	RPP-Nepal has reiterated its stand of reinstatement of constitutional monarchy, directly elected prime minister and liberal economic system. The party has also proposed its Chairman Kamal Thapa as its prime ministerial candidate for the elections. In its election manifesto made public on October 15, it has claimed that the roadmap of a republican set-up with federalism has become a complete failure. The party has proposed mixed election system.</div>
<div>
	&nbsp;</div>
<div>
	The RPP-N manifesto has proposed directly elected prime minister as executive head and calls for not making the same person the prime minister twice. The party has expressed its commitment that it will never organise general strikes.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>EU poll observers at field</strong></span></div>
<div>
	Meanwhile, 34-member European Union Election Observation Mission (EU EOM) led by Chief Observer Eva Joly, a member of the European Parliament, have been deployed across the country as long term observers.</div>
<div>
	&nbsp;</div>
<div>
	The observers arrived in the country on October 13 to observe the Constituent Assembly election scheduled for November 19.The EU office here briefed the observers about the process and methods of election observations for three days before assigning them on duty.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to Chief Observer Joly, shortly before the election, a group of 40 short-term observers together with a delegation of members of the European Parliament and locally-recruited short term observers from EU member state embassies will be joining the mission in order to observe voting, counting and tabulation of results.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The EU election observers are bound by a strict code of conduct that ensures their neutrality and impartibility. They do not interfere in the electoral process and have no authority to change or correct any shortcomings or to request changes during the election process.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-29',
			'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 the Constituent Assembly (CA) poll just a month away, most of the political parties have intensified poll campaigning for the polls without their election manifestos.  

So far, UCPN (Maoist), Rajendra Mahato-led Sadbhavana Party (SP), Kamal Thapa-led Rastriya Prajatantra Party- Nepal (RPP-Nepal), and a few other fringe parties, only have unveiled their election manifesto. RPP-Nepal was the first political party to come up publicly with its election manifesto on October 8 while the major parties like  Nepali Congress (NC) and CPN-UML are yet to make their manifesto public until this scribe went to press on Sunday.',
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	(int) 4 => array(
		'Article' => array(
			'id' => '1987',
			'article_category_id' => '109',
			'title' => 'Nepse Records Four-year High',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange index reached a four-year high crossing 570 points last Thursday. The Nepse benchmark surged to the four-year high on the first day after the floor opened remaining closed for a week due to the Dashain vacation. Nepse increased 4.81 points on the first (as well as the last day of the week) closing at 571.8. Earlier on November 11, 2009, the Nepse index had reached to this level.</div>
<div>
	&nbsp;</div>
<div>
	88,363 shares of 62 companies worth Rs 40.17 million in 590 transactions were traded last week. The market capitalisation of the stock market increased to Rs 575.4 billion.</div>
<div>
	&nbsp;</div>
<div>
	Stock analysts say that relatively stable politics with the optimism of CA polls and attractive dividend expectation from the listed companies are the reasons that have kept the investors upbeat for past few weeks. According to analysts, investors are scrambling to invest into the secondary market in recent days with the anticipation of better returns in the coming days.</div>
<div>
	&nbsp;</div>
<div>
	Among the sub-indices, Hydropower, Insurance, Commercial Banks, Finance, Other sectors observed incline, while Development Banks witnessed a decline. The index of the Manufacturing sector remained stable during the week. Hydropower was the biggest gainer of the week with a rise of share prices of Chilime Hydropower, Butwal Power Company and Arun Valley Hydropower Company by Rs 10, 6 and five per unit respectively. Nabil Bank topped the index in terms of transaction amount worth Rs 6.80 million.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nine companies listing suspended&nbsp;</strong></span></div>
<div>
	Meanwhile, NEPSE has suspended the annual listing of nine companies last Sunday after they failed to pay the renewal fee.&nbsp;</div>
<div>
	Everest Insurance Company Limited, National Hydro Power Company Limited, Bottlers Nepal (Terai) Limited , Shree Ram Sugar Mills Limited, &nbsp;Kanchan Development Bank, Multipurpose Finance Company, Himalayan Finance Company and Nepal Film Development Company are the companies to be suspended from&nbsp;</div>
<div>
	the listing.</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong style="font-size: 16px;">Nepse on Sunday</strong></p>
</div>
<div>
	Nepse index continued of climbing higher and reached on Sunday to 584.07 points, a highest record of four-year period. &nbsp; Likewise, the rise in the index is also a record in last four months. Nepse index rose by double digit (12.27 points) on the first day for the first time after a three-month of period. Earlier the secondary market had witnessed the double-digit growth of 14.19 points on 21st July, 2013.</div>
<div>
	&nbsp;</div>
<div>
	The share market saw a total of Rs 145,798,355 in turnover through 1,643 transactions of 88 companies on the first day of the market this week.</div>
<div>
	&nbsp;</div>
<div>
	The sub-indices of all sectors registered gain as all settled in the green zone. Hotels topped the list with a gain of 53.42 points, followed by Hydropower (52.3), Development Banks (23.85) and Banking (15.8) respectively.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-28',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange index reached a four-year high crossing 570 points last Thursday. The Nepse benchmark surged to the four-year high on the first day after the floor opened remaining closed for a week due to the Dashain vacation. Nepse increased 4.81 points on the first (as well as the last day of the week) closing at 571.8. Earlier on November 11, 2009, the Nepse index had reached to this level.',
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	(int) 5 => array(
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			'id' => '1993',
			'article_category_id' => '152',
			'title' => 'Focus Briefs (21 - 27 October 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Him Electronics Introduces New Range of Cameras</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/him.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 225px; height: 441px;" />Him Electronics Private Limited, authorized distributor of Samsung Cameras in Nepal, has introduced a range of new cameras &ndash; WB200F, ST150F and ST72 &ndash; that revamp the style of classic professional cameras to incorporate into the digital era.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Introducing first, the Samsung WB200F features a Hybrid Touch User Interface and enhanced WiFi connectivity that has simplified image sharing with friends and family. Moreover, it comes with a 14.2 MP sensor, 18x zoom and 24mm ultra-wide angle lens that delivers powerful optical performance, high quality close-ups, candids and panoramas.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, the Samsung ST150F is the cheapest WiFi camera in the market with 16 MP sensor, 5x zoom, 3 inch screen and a premium design in metal body that delivers high quality images that can be easily and immediately shared with friends and family on Facebook.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Furthermore, the highly stylish, portable Samsung ST72 features a bright f2.5 lens, 5x zoom and 16.2 Megapixels. This unprecedented combination brilliantly captures minute details even in dimly lit rooms, or outdoors on a cloudy night. The large 3.0 (75mm) LCD helps you to perfectly frame a shot or a scene in the 720p HD video.</div>
<div>
	&nbsp;</div>
<div>
	These unique SMART cameras are now officially available in Nepal. The prices of WB200F, ST150F and ST72 are Rs. 24,990, Rs14, 990 and 13,990, respectively.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Canon EOS 6D now available in Nepal</strong></span></div>
<div>
	Primax International has launched the world&acute;s &acute;smallest and lightest&acute; full frame DSLR camera, Canon EOS 6D, in the Nepali market. Dinesh Agarwal, marketing manager of the company, said the new camera has been introduced to cater to the growing demand for DSLR cameras in Nepal. &ldquo;The demand for DSLR cameras is increasing here and we receive queries every time a camera is launched in the international market,&rdquo; said Agarwal.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/canon(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 250px; height: 225px;" />EOS 6D is a 20.2 mega pixels full-frame CMOS sensor camera with a wide ISO range of 100-25600 which can be expanded to L:50, H1:51200 and H2:102400. The camera sports a 3-inch clear view TFT LCD monitor with approximately 1.04 million dots. It provides a 160 degree viewing angle and has reflection resistance with multi-coating and high-transparency materials for bright and clear viewing.</div>
<div>
	&nbsp;</div>
<div>
	According to the company, the ISO range of the camera allows users to set camera&acute;s sensitivity to light, helping them capture incredible image quality even in low light. Likewise, a DIGIC 5+ image processor in the camera delivers enhanced noise reduction and exceptional processing speed.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;The camera is best for capturing fast moving objects as it allows continuous shooting of up to 4.5 frames per second. It also captures full HD video with manual exposure control and multiple frame rates,&rdquo; Primax International said in a statement. &ldquo;With custom shooting modes, custom controls, and other features, the camera provides flexible customization to users depending upon their shooting need.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	The camera is available at Canon Link at Civil Mall and City Center. The company has priced the camera at Rs 221,000 for body only and Rs 297,000 for body and 24-105mm lens.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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' => 'Him Electronics Private Limited, authorized distributor of Samsung Cameras in Nepal, has introduced a range of new cameras – WB200F, ST150F and ST72 – that revamp the style of classic professional cameras to incorporate into the digital era',
			'sortorder' => '1842',
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	(int) 6 => array(
		'Article' => array(
			'id' => '1991',
			'article_category_id' => '113',
			'title' => 'US Dollar Exchange Rate At Local Market (14 - 20 October 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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' => '1841',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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			'main_news' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '1990',
			'article_category_id' => '108',
			'title' => 'Money Matters News In Brief (21 -27 October 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>NMB&rsquo;s ATM at Babarmahal</strong></span></div>
<div>
	NMB Bank has started its new ATM service at the premise of Kathmandu District Court (KDC) in Babarmahal. KDC Judge Achyut Bista inaugurated the newly established counter on October 10. This counter is expected to help on banking services for the beneficiaries of the court. With this counter, the total number of the ATM counters of NMB has reached 27. Likewise, The Bank has 26 branches and one extension counter across the country.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">Standard Chartered Marks World Sight Day</span></strong></div>
<div>
	Standard Chartered Bank Nepal organised a talk program on &lsquo;Eye Banking and Eye Donation&rsquo; at its Head Office in Naya Baneshwore on October 10 to mark the World Sight Day 2013. The Bank also organised a dry eye check up camp at its premises in Biratnagar Branch. &nbsp;According to the press release of the Bank, it had extended a financial assistance of $1 million for the construction of Biratnagar Eye Hospital in Biratnagar with a view to reinforce the &lsquo;Seeing is Believing&rsquo; agenda in Nepal.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Citizen&rsquo;s 15pc Dividend Approved</strong></span></div>
<div>
	Citizen Bank International Ltd has approved the proposal to distribute 15 per cent dividend. The Seventh Annual General Meeting (AGM) of the Bank held on October 8 made the decision to this effect. The Bank has made the net profit worth Rs 413.2 million in the Fiscal Year 2011-12. Likewise, the Bank has collected the total deposit worth Rs 22.74 billion rupees and extended the loan amount Rs 17.95 billion in the review period. Bank&rsquo;s Chairman Pradeep Jung Pandey has presented the financial report in the AGM. According to Pandey, the Bank has planned to open its branch offices in Jumla, Jajarkot and Siddharthanagar within 3 months.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Everest Establishes Information Board at Pashupati</strong></span></div>
<div>
	Digital Information Board has been established in the western gate of the Pashupatinath Temple with the support of Everest Bank Ltd. The Board aims to inform the devotees at the Temple about the prayer schedule, special programs to be held and donations received by the Pashupati Area Development Trust (PADT). According to the joint press release issued by the Everest Bank and PADT, the institutions have pledged to conduct other development works in the collaboration in the near future.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>NMB Announces 15pc Dividend</strong></span></div>
<div>
	NMB Bank has announced 15 per cent dividend to its share holders. The meeting of the Board of Directors (BOD) held at the first week of the October made such decision. The dividend distribution will come into effect after getting the approval from the Nepal Rastra Bank and the upcoming Annuan General Meeting of the company, states the press release of the NMB.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Kumari&rsquo;s Banking Literacy Campaign</strong></span></div>
<div>
	Kumari Bak Ltd has organised a banking literacy programme. The programme was organised on the first week of October at Balaju Engineering College in the coordination of Swati Sadan Campus. The Bank&rsquo;s Relationship Manager Bishwas Raj Aryal has informed the students about the importance of saving and the banking system. Over 200 students have participated in the campaign.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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' => 'NMB Bank has started its new ATM service at the premise of Kathmandu District Court (KDC) in Babarmahal. KDC Judge Achyut Bista inaugurated the newly established counter on October 10. This counter is expected to help on banking services for the beneficiaries of the court. With this counter, the total number of the ATM counters of NMB has reached 27. Likewise, The Bank has 26 branches and one extension counter across the country.',
			'sortorder' => '1840',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	(int) 8 => array(
		'Article' => array(
			'id' => '1989',
			'article_category_id' => '109',
			'title' => 'Stringent Measures To Open Branches',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Rastra Bank has tightened the provision to expand the branch offices of the banking and financial institutions (BFIs).&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Bhaskar Mani Gnawali, spokesperson of the NRB, informed that the new measures to open branches of the BFIs have been brought in a bid to curb the flow of banks in the urban areas and increase the quality of their banking services.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the new provision, a bank or financial institution must establish three branches outside the Kathmandu valley to open a branch inside Kathmandu valley. Earlier, a bank or financial institution was allowed to open a branch inside Kathmandu by establishing two outside the valley.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	A bank can apply for opening a branch inside Kathmandu valley after establishing at least one branch among 14 districts designated by the NRB, where there is low presence of the BFIs, one outside any district headquarter or &nbsp;municipality and one as per the bank&rsquo;s own interest outside the Kathmandu valley.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The new provision requires a Bank and Financial institution to provide details of branches established outside the Kathmandu valley to apply for opening branch offices. Likewise, the NRB will accord a priority to open branches outside the Ringroad or in the VDCs inside Kathmandu valley.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	NRB has also decreased the number of districts to 14 from 17, listed as districts where there is a low presence of BFIs. These districts are Bhojpur, Okhaldhunga, Manang, Rukum, Salyan, Jumla, Mugu, Humla, Kalikot, Dolpa, Jajarkot, Bajhang, Bajura and Darchula.</div>
<div>
	&nbsp;</div>
<div>
	Meanwhile, the NRB has also made the &lsquo;Kha&rsquo; and &lsquo;Ga&rsquo; class license financial institutions mandatory to extend lending on the productive sectors. Agriculture, energy, tourism and small and cottage industries are identified as the productive sectors by the NRB. Earlier, it was mandatory for the commercial banks only. According to the new directives of the NRB, &lsquo;Kha&rsquo; and &lsquo;Ga&rsquo; class BFIs should prepare a work-plan to extend the loans within three years towards agriculture, tourism, energy and cottage industries. &nbsp;&lsquo;Kha&rsquo; class BFIs should extend a loan of 10 per cent of the total loan, while &lsquo;Ga&rsquo; class BFIs is required to extend 10 per cent.&nbsp;</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Rastra Bank has tightened the provision to expand the branch offices of the banking and financial institutions (BFIs). 

Bhaskar Mani Gnawali, spokesperson of the NRB, informed that the new measures to open branches of the BFIs have been brought in a bid to curb the flow of banks in the urban areas and increase the quality of their banking services.',
			'sortorder' => '1839',
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	(int) 9 => array(
		'Article' => array(
			'id' => '1988',
			'article_category_id' => '109',
			'title' => 'Everest’s 60pc Dividend Approved',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	The proposal to distribute 60 per cent dividend to the shareholders has been endorsed by the 19th Annual General Assembly (AGM) of the Everest Bank. The AGM of the Everest Bank held on October 9 made the decision to distribute 50 per cent cash dividend and 10 per cent bonus share to its share holders, according to the press release of the Bank. The shareholders congratulated the Board and the Management for declaring the highest cash dividend/bonus shares so far in the country for the financial year, adds the press release.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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 proposal to distribute 60 per cent dividend to the shareholders has been endorsed by the 19th Annual General Assembly (AGM) of the Everest Bank.',
			'sortorder' => '1838',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
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	),
	(int) 10 => array(
		'Article' => array(
			'id' => '1984',
			'article_category_id' => '146',
			'title' => 'Visual Edit Vol 3 Issue 35',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Visual Edit',
			'sortorder' => '1837',
			'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' => '1985',
			'article_category_id' => '151',
			'title' => 'Chitwan’s B-school',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Bhawani Timilsina</strong></div>
<div>
	&nbsp;</div>
<div>
	Presidency College of Management Sciences (PCMS), affiliated with Purbanchal University (PU) and Higher Secondary Education of Nepal, is a business school located in Bharatpur, Chitwan. The college, operated by highly qualified and skilled human resources, offers coeducation facilities in management (ten plus two), BBA (Bachelor of Business Administration) and MBA (Masters in Business Administration). The vision of PCMA is to complement applied business studies with practice and make students globally competent. It also has the vision to promote self confidence, self dependence, moral behaviour and a focus on student-teacher and parent relations.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;We have the latest university curriculum and teaching methodologies, coupled with Nepali values and ethics that distinguish us from others,&rdquo; says Prakash Dhoj Adhikari, Chairman of the college. The college has also won the best college outside the valley award from New Business Age Pvt. Ltd. &ldquo;Presidency College of Management and Science has been dedicated towards quality education for 15 years and we feel great today great to be appreciated,&rdquo; Adhikari says.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Presidency College of Management Sciences" src="/userfiles/images/bscw.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 250px; height: 298px;" />In the beginning, it was very difficult for organizations to take any initiative for business education. Lack of infrastructure, adequate managerial institutions and quality education forced Nepali students to travel to other cities. PCMS has been trying to fill the vacuum by being a competent substitute. &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The college provides students with opportunity to visit various industries to broaden classroom understanding. &ldquo;We have built an extensive relationship with major corporate houses in the country,&rdquo; says Adhikari.</div>
<div>
	&nbsp;</div>
<div>
	The college also organizes various workshops on public speaking, business and professional writing skills, career planning, entrepreneurial skills development and training on financial and banking services.</div>
<div>
	&nbsp;</div>
<div>
	Considering the academic history and capacity of the students, PCMS also provides scholarships to deserving students.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The college conducts research and consulting activities that help enrich the learning experience of students. &nbsp;Some of the projects that have been executed include a small business research on &lsquo;Consumer Behaviour Analysis and Retail Outlet&rsquo;, &lsquo;Analysis of CUG and its products&rsquo;, Event Management of HCL (Hindustan Computer Limited) Branded, and Event Management of&nbsp;</div>
<div>
	&lsquo;Yamaha Mini-Mela&rsquo;. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The PCMS has organized seminars on account keeping, leadership development and training on stock market and banking system and procedure.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;We have excellent records of students engaged in different business activities in finance and banking industries, among others,&rdquo; says Adhikari. The college has recently opened an effective placement service cell that works as a meeting platform for students and has developed an excellent relationship with the corporate community. &nbsp;The cell also frequently organizes different programmes in collaboration with reputed organizations.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="PRESIDENCY COLLEGE OF MANAGEMENT SCIENCES" src="/userfiles/images/b-b.jpg" style="width: 550px; height: 185px; margin-left: 20px; margin-right: 20px;" /></div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-28',
			'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' => 'Presidency College of Management Sciences (PCMS), affiliated with Purbanchal University (PU) and Higher Secondary Education of Nepal, is a business school located in Bharatpur, Chitwan. The college, operated by highly qualified and skilled human resources, offers coeducation facilities in management (ten plus two), BBA (Bachelor of Business Administration) and MBA (Masters in Business Administration).',
			'sortorder' => '1836',
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	(int) 12 => array(
		'Article' => array(
			'id' => '1975',
			'article_category_id' => '160',
			'title' => 'Corptoon Vol 3 Issue 35',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Corptoon',
			'sortorder' => '1835',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '1982',
			'article_category_id' => '144',
			'title' => 'Do Not Make The Country A Testing Ground',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	Political parties are still reluctant and inefficient to give a clear model for state restructuring though the election for the second Constituent Assembly (CA) is slated to be held next month. It is for sure that their dillydally in figuring out the clear model of state restructuring will cost the country dearly.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	As the fever of the second Constituent Assembly (CA) election has gone up, political parties are busy drafting and finalizing their election manifestos. Political parties, however, seem to be dubious in identifying what the new structure of the Nepali state should be.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The common fear existing in the country is that political parties may push the country into further uncertainty in the name of adopting &lsquo;our own model&rsquo; of federalism and democracy. There are lots of controversies among political parties, and within a single political party too, related to state restructuring. Political parties, which are supposed to raise class issue, have been raising ethnic agenda for the sake of their own benefit. On the other hand, the so-called democratic forces have been visionless and indecisive on various crucial issues including appropriate model to run the country.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	It is well-known fact that the first Constituent Assembly got dissolved without delivering a statute four years after the election. And it was because of lack of clarity among political parties whose last-hour consultations ended without an agreement on model of federalism.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	While ethnic-based federal units were seen by some as the only way to address the identity of marginalised communities, there were also fears that given Nepal&rsquo;s complex ethnic, racial, linguistic and caste mosaic this would lead to fragmentation and conflict.</div>
<div>
	&nbsp;</div>
<div>
	There are differences among political forces in many crucial issues including federalism, number of province, model of the government, i.e., presidential vs parliamentarian.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Political parties should not try to make the country a testing ground. It would be better to adopt any of established models of democracy instead of creating catchy phrases and ambiguous words in the name of &lsquo;originality&rsquo;.</div>
<div>
	&nbsp;</div>
<div>
	Political system may vary country to country. For instance, there are various political systems in various countries including US Presidential system, UK &ndash; Westminster parliamentary, German semi-parliamentary and French hybrid.</div>
<div>
	&nbsp;</div>
<div>
	But political parties in Nepal have been trying to mix up various practices from different political system. Mixing British Westminster parliamentary system with US presidential system or French model of political system may create confusion when it comes time to implement the model in practice.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	So, political parties should dare to speak out openly that adopting already tested political system will be more suitable in the country rather than opting for new test. The differences should be harnessed because all political parties, in principle, want prosperity and development of the country. &nbsp;All we need is sincere effort and genuine commitment from political parties. The bottom-line should be democracy and liberal economy; rest of the issues can be discussed and amended in the process of practicing democracy.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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' => 'Political parties are still reluctant and inefficient to give a clear model for state restructuring though the election for the second Constituent Assembly (CA) is slated to be held next month. It is for sure that their dillydally in figuring out the clear model of state restructuring will cost the country dearly.',
			'sortorder' => '1834',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '1983',
			'article_category_id' => '86',
			'title' => 'Open Secret',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	A Joint Economic Commission Meeting of Nepal India held last time put many new issues on the table including the additional lock system that the Indian Customs had started enforcing on Nepal bound containers ferrying third country imports. The commerce secretary of Nepal was not very happy with the decision but could not say it openly in the meeting.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	After the meeting was over a press conference was organized during which a &nbsp;journalist asked a peculiar question. &ldquo;What is the common among the Nepal India border, additional lock system and the Nepali Post office?&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Thinking for a while, the commerce secretary of Nepal replies in one gasp: &ldquo;It&rsquo;s an open secret. None of them can be closed&rdquo;. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; <strong>&nbsp; &nbsp;-ML</strong></div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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 Joint Economic Commission Meeting of Nepal India held last time put many new issues on the table including the additional lock system that the Indian Customs had started enforcing on Nepal bound containers ferrying third country imports. The commerce secretary of Nepal was not very happy with the decision but could not say it openly in the meeting.',
			'sortorder' => '1833',
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
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			'id' => '1995',
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			'title' => 'Tara Air Adds New Dornier',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Tara Air has added a Dornier Do228-212 aircraft to its fleet. According to the Airline, the new aircraft will aid in expanding its services to rural areas of Nepal and will also support the trekking industry. &nbsp;With the new addition, Tara Air now operates a fleet of four Canadian built DHC6-300 Twin Otters and three German built Dornier Do228-212 aircrafts.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;The aircraft has been specifically purchased to support the country&rsquo;s trekking industry and to provide transportation and food supply to rural areas of Nepal where we have been the only airline flying on a regular basis,&rdquo; said Roshan Regmi, Marketing Manager of Tara Air.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The 18-seater Dornier Do228-212 is a Short Take Off and Landing (STOL) capable aircraft, ideal for operating in short, high altitude runways such as Lukla and Jomsom. &nbsp;This Honeywell TPE 331-10 twin engine powered aircraft is equipped with the latest Enhanced Ground Proximity Warning System (EGPWS) and the advanced Traffic Collision Awareness System II (TCAS II) and meets all the airworthiness standards of the Civil Aviation Authority of Nepal.</div>',
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			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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' => 'Tara Air has added a Dornier Do228-212 aircraft to its fleet. According to the Airline, the new aircraft will aid in expanding its services to rural areas of Nepal and will also support the trekking industry.  With the new addition, Tara Air now operates a fleet of four Canadian built DHC6-300 Twin Otters and three German built Dornier Do228-212 aircrafts',
			'sortorder' => '1847',
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			'article_category_id' => '100',
			'title' => 'Tourism Briefs (21 -27 October 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong style="font-size: 14px;">India Gets Re-elected in ICAO Council</strong></div>
<div>
	India has been re-elected in the new Council of International Civil Aviation Organization (ICAO), as one of the states making the largest contribution to the provision of facilities for international civil air navigation. The 38th session of the Assembly of ICAO completed the election of the Council in Montreal on 1 October. The 36- member Council is the governing body of the Organization and is elected for a three-year term. (Traveldailymedia.com)&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>UN calls for single Silk Road visa</strong></span></div>
<div>
	The UN has called for a single tourist visa for countries in Central Asia, to boost tourism development along the ancient Silk Road. At the UNESCO and UNWTO-led &lsquo;Silk Roads Heritage Corridors Tourism Strategy Workshop&rsquo;, which was held in Kazakhstan earlier this month, representatives from the UN&rsquo;s tourism and heritage bodies said China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan &ldquo;must work towards a single Silk Road visa&rdquo; if the potential for tourism growth along the Silk Road Heritage Corridors is to be fully realised. Complicated visa systems, inefficient application processes and high fees hinder the development of the Silk Road as a tourism destination, they added. To boost tourism and conservation in the region, two World Heritage nominations for the Silk Roads Heritage Corridors in Central Asia and China have been submitted to UNESCO. (Traveldailymedia.com)</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>International Tourism on the Rise</strong></span></div>
<div>
	Demand for international tourism remained strong throughout the first eight months of 2013, according to the latest UNWTO World Tourism Barometer. Between January and August, the number of international tourists worldwide grew by 5 per cent, driven by strong results in Europe, Asia and the Pacific and the Middle East. UNWTO&rsquo;s Panel of Experts confirms this positive trend. Its evaluation of the May-August period shows a significant improvement in confidence, while prospects for the last four months of 2013 remain upbeat. In the first eight months of the year, international tourist arrivals grew by 5 per cent to reach a record 747 million worldwide, some 38 million more than in the same period of 2012. Europe (+5 per cent) benefited the most from the growth of tourism in the first eight months of 2013, with an estimated 20 million more arrivals in the region. &nbsp; (Traveldailynews.com)</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>TripAdvisor Launches Groundbreaking New Service TripConnect&nbsp;</strong></span></div>
<div>
	TripAdvisor has launched its innovative TripConnect service. The self-service platform, a first for the hospitality sector, allows TripAdvisor Business Listings subscribers to participate in Hotel Price Comparison and to drive direct bookings from TripAdvisor to their own property&rsquo;s website. Each month, over 260 million unique users visit TripAdvisor to plan travel. TripConnect will enable independent accommodation owners to bid for this traffic, an option previously only available to online travel agents and large hotel chains. These independent hotels and B&amp;Bs will be able to add their own room rates and availability, allowing travellers to click directly through to the property&rsquo;s own website to make a booking. (Traveldailynews.com)</div>',
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			'created' => '2013-10-21',
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			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'India has been re-elected in the new Council of International Civil Aviation Organization (ICAO), as one of the states making the largest contribution to the provision of facilities for international civil air navigation. The 38th session of the Assembly of ICAO completed the election of the Council in Montreal on 1 October. The 36- member Council is the governing body of the Organization and is elected for a three-year term',
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			'id' => '1986',
			'article_category_id' => '156',
			'title' => 'It’s Not A Failure To Fail',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Alan Iny</strong></div>
<div>
	&nbsp;</div>
<div>
	Philip Terzian, a prominent Washington journalist, wrote a column earlier this year that every professional should read. The column details Terzian&rsquo;s schoolboy struggles with what he calls &ldquo;the scourge of mathematics.&rdquo; So bad was his math ineptitude that the prep school he was attending declared him &ldquo;not college material&rdquo; and sent him packing. He moved on, graduated from Villanova University, and has had a long and successful career, including stints at the Los Angeles Times, the Providence Journal and the Weekly Standard.</div>
<div>
	&nbsp;</div>
<div>
	Failure is dreaded in much of the world, but it shouldn&rsquo;t be. If it&rsquo;s a failing grade due to laziness or lack of effort, it&rsquo;s not something to celebrate. But if you try something new and fail, you&rsquo;ve at least shown a willingness to take risks &ndash; one of the hallmarks of creativity.Virtually everyone fails at something at some time; it&rsquo;s not the end of the world. And it can often be the catalyst that ultimately leads to success. The advice is good in the lead song from the Fred Astaire-Ginger Rogers movie, Swing Time: &ldquo;Pick yourself up, dust yourself off, start all over again.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	It took Thomas Edison hundreds of tries before he successfully came up with a commercially viable incandescent light bulb. Oprah Winfrey, at age 22, was fired from a television reporting job because she wasn&rsquo;t right for TV, in the view of her then employer. The Beatles were let go by their first record label. (Hat tip: Business Insider&rsquo;s 15 People Who Failed Before Becoming Famous)</div>
<div>
	&nbsp;</div>
<div>
	The best thing, in my opinion, is to proactively fail. Go big; fall hard. And I&rsquo;m not alone.</div>
<div>
	&nbsp;</div>
<div>
	Grey advertising celebrates &ldquo;failures of daring and audacity&rdquo; with a quarterly Heroic Failures award. &ldquo;Better to attempt something astonishing and go down in flames than to gingerly hold back,&rdquo; the company says. In business, challenging who we are, what we do, and how we do it should be an ongoing and permanent process. When you stand still, you fall behind.</div>
<div>
	&nbsp;</div>
<div>
	Consider TV news. The old news format, which prevailed for more than three decades, presented &ldquo;news&rdquo; in regularly scheduled, usually 30-minute, packages. Ted Turner believed this concept was outdated. So, in 1980 his Turner Broadcasting System launched Cable News Network (CNN), offering news reports all day long, in real time.</div>
<div>
	&nbsp;</div>
<div>
	This &lsquo;new box&rsquo; for news, which seems obvious today, was by no means guaranteed to succeed. &nbsp;CNN lost money in its first years and was ridiculed for attempting to change people&rsquo;s perceptions about the news so dramatically. &nbsp;Over time, however, it came to be known for live coverage of events around the world, and regularly scooped other news outlets.</div>
<div>
	&nbsp;</div>
<div>
	Still, no good idea is good forever, and by the end of the 1990s CNN was struggling to regain a leading share of an industry that more subjective &lsquo;talk radio&rsquo; types of television had come to dominate.</div>
<div>
	&nbsp;</div>
<div>
	Breakthrough creativity requires recognizing and challenging your mental autopilot: the firmly held assumptions and beliefs that box you in, define who you are, and limit what you do. And this applies, even when your business &ndash; career, job, company &ndash; is doing well. Don&rsquo;t wait for a crisis to challenge the old and seek out the new.</div>
<div>
	&nbsp;</div>
<div>
	So the next time things are going swimmingly, remember this: Even when we&rsquo;re doing well, we need to be creative, put our imagination to work, and try to do something new and better. That is worthwhile regardless of where it leads.</div>
<div>
	&nbsp;</div>
<div>
	(<em>Alan Iny is senior global specialist in business creativity at The Boston Consulting Group (BCG) and co-author, with BCG senior adviser Luc de Brabandere, of the newly-published Thinking in New Boxes: A New Paradigm for Business Creativity.)</em></div>
<div>
	<em>(http://blogs.wsj.com/atwork)</em></div>',
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			'created' => '2013-10-21',
			'modified' => '2013-11-11',
			'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' => 'Philip Terzian, a prominent Washington journalist, wrote a column earlier this year that every professional should read. The column details Terzian’s schoolboy struggles with what he calls “the scourge of mathematics.” So bad was his math ineptitude that the prep school he was attending declared him “not college material” and sent him packing. He moved on, graduated from Villanova University, and has had a long and successful career, including stints at the Los Angeles Times, the Providence Journal and the Weekly Standard.',
			'sortorder' => '1845',
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		'Article' => array(
			'id' => '1979',
			'article_category_id' => '140',
			'title' => 'Political Parties Campaigning Sans Poll Manifesto',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>--By Sagar Ghimire</strong></div>
<div>
	&nbsp;</div>
<div>
	With the Constituent Assembly (CA) poll just a month away, most of the political parties have intensified poll campaigning for the polls without their election manifestos. <span class="Apple-tab-span" style="white-space: pre;"> </span></div>
<div>
	&nbsp;</div>
<div>
	So far, UCPN (Maoist), Rajendra Mahato-led Sadbhavana Party (SP), Kamal Thapa-led Rastriya Prajatantra Party- Nepal (RPP-Nepal), and a few other fringe parties, only have unveiled their election manifesto. RPP-Nepal was the first political party to come up publicly with its election manifesto on October 8 while the major parties like &nbsp;Nepali Congress (NC) and CPN-UML are yet to make their manifesto public until this scribe went to press on Sunday.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Though the manifesto has already been endorsed by the CPN (UML) Standing Committee meeting on October 15, it has not been made public yet.</div>
<div>
	&nbsp;</div>
<div>
	The manifesto drafting committee (MDC) of the NC has already finalised the draft, the MDC has circulated the draft to the leaders of the party for a final call. According to NC sources, the party will make its manifesto public only after a couple of days.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>&ldquo;Directly elected prez, PM from parliament&rdquo;</strong></span></div>
<div>
	The UCPN (Maoist) has proposed a directly elected presidential system and Prime Minister elected from the parliament to run the daily administration as the form of governance and 11-province model for the state restructuring. 11 autonomous provinces have been proposed based on ethnicity, language, identity, economic interrelations, infrastructure development, availability of natural resources and administrative accessibility. The 11 provinces include Seti-Mahakali, Bheri-Karnali, Magarat, Tamuwan, Tamsaling, Newa, Kirant, Limbuwan, Tharuwan, Madhesh and Kochila. Likewise, in its manifesto, the party has claimed to uplift the country&rsquo;s economic status to high level as well as ending poverty within 15 years. Unveiling its manifesto in capital last Saturday, UCPN (Maoist) chairperson Pushpa Kamal Dahal has pledged to implement the manifesto in a &lsquo;true sense&rsquo;.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>SP bats two provinces in Madhes</strong></span></div>
<div>
	Amid demands of &lsquo;one Madhes, one province&rsquo; by the Madhes-based parties, SP has proposed two provinces in Madhes. SP has proposed that the whole Madhes be divided into two provinces&mdash; East and West of Narayani. Chairman of the SP, Rajendra Mahato, made the manifesto public organizing a press conference in the capital last Friday and said his party was for 10 states as proposed by State Restructuring Committee of the erstwhile CA. The party also proposed constitutional presidential system elected from both the houses of bicameral legislation and Prime Minister as the executive chief.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>RPP-Nepal for reinstatement of monarchy&nbsp;</strong></span></div>
<div>
	RPP-Nepal has reiterated its stand of reinstatement of constitutional monarchy, directly elected prime minister and liberal economic system. The party has also proposed its Chairman Kamal Thapa as its prime ministerial candidate for the elections. In its election manifesto made public on October 15, it has claimed that the roadmap of a republican set-up with federalism has become a complete failure. The party has proposed mixed election system.</div>
<div>
	&nbsp;</div>
<div>
	The RPP-N manifesto has proposed directly elected prime minister as executive head and calls for not making the same person the prime minister twice. The party has expressed its commitment that it will never organise general strikes.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>EU poll observers at field</strong></span></div>
<div>
	Meanwhile, 34-member European Union Election Observation Mission (EU EOM) led by Chief Observer Eva Joly, a member of the European Parliament, have been deployed across the country as long term observers.</div>
<div>
	&nbsp;</div>
<div>
	The observers arrived in the country on October 13 to observe the Constituent Assembly election scheduled for November 19.The EU office here briefed the observers about the process and methods of election observations for three days before assigning them on duty.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to Chief Observer Joly, shortly before the election, a group of 40 short-term observers together with a delegation of members of the European Parliament and locally-recruited short term observers from EU member state embassies will be joining the mission in order to observe voting, counting and tabulation of results.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The EU election observers are bound by a strict code of conduct that ensures their neutrality and impartibility. They do not interfere in the electoral process and have no authority to change or correct any shortcomings or to request changes during the election process.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-29',
			'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 the Constituent Assembly (CA) poll just a month away, most of the political parties have intensified poll campaigning for the polls without their election manifestos.  

So far, UCPN (Maoist), Rajendra Mahato-led Sadbhavana Party (SP), Kamal Thapa-led Rastriya Prajatantra Party- Nepal (RPP-Nepal), and a few other fringe parties, only have unveiled their election manifesto. RPP-Nepal was the first political party to come up publicly with its election manifesto on October 8 while the major parties like  Nepali Congress (NC) and CPN-UML are yet to make their manifesto public until this scribe went to press on Sunday.',
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		'Article' => array(
			'id' => '1987',
			'article_category_id' => '109',
			'title' => 'Nepse Records Four-year High',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange index reached a four-year high crossing 570 points last Thursday. The Nepse benchmark surged to the four-year high on the first day after the floor opened remaining closed for a week due to the Dashain vacation. Nepse increased 4.81 points on the first (as well as the last day of the week) closing at 571.8. Earlier on November 11, 2009, the Nepse index had reached to this level.</div>
<div>
	&nbsp;</div>
<div>
	88,363 shares of 62 companies worth Rs 40.17 million in 590 transactions were traded last week. The market capitalisation of the stock market increased to Rs 575.4 billion.</div>
<div>
	&nbsp;</div>
<div>
	Stock analysts say that relatively stable politics with the optimism of CA polls and attractive dividend expectation from the listed companies are the reasons that have kept the investors upbeat for past few weeks. According to analysts, investors are scrambling to invest into the secondary market in recent days with the anticipation of better returns in the coming days.</div>
<div>
	&nbsp;</div>
<div>
	Among the sub-indices, Hydropower, Insurance, Commercial Banks, Finance, Other sectors observed incline, while Development Banks witnessed a decline. The index of the Manufacturing sector remained stable during the week. Hydropower was the biggest gainer of the week with a rise of share prices of Chilime Hydropower, Butwal Power Company and Arun Valley Hydropower Company by Rs 10, 6 and five per unit respectively. Nabil Bank topped the index in terms of transaction amount worth Rs 6.80 million.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nine companies listing suspended&nbsp;</strong></span></div>
<div>
	Meanwhile, NEPSE has suspended the annual listing of nine companies last Sunday after they failed to pay the renewal fee.&nbsp;</div>
<div>
	Everest Insurance Company Limited, National Hydro Power Company Limited, Bottlers Nepal (Terai) Limited , Shree Ram Sugar Mills Limited, &nbsp;Kanchan Development Bank, Multipurpose Finance Company, Himalayan Finance Company and Nepal Film Development Company are the companies to be suspended from&nbsp;</div>
<div>
	the listing.</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong style="font-size: 16px;">Nepse on Sunday</strong></p>
</div>
<div>
	Nepse index continued of climbing higher and reached on Sunday to 584.07 points, a highest record of four-year period. &nbsp; Likewise, the rise in the index is also a record in last four months. Nepse index rose by double digit (12.27 points) on the first day for the first time after a three-month of period. Earlier the secondary market had witnessed the double-digit growth of 14.19 points on 21st July, 2013.</div>
<div>
	&nbsp;</div>
<div>
	The share market saw a total of Rs 145,798,355 in turnover through 1,643 transactions of 88 companies on the first day of the market this week.</div>
<div>
	&nbsp;</div>
<div>
	The sub-indices of all sectors registered gain as all settled in the green zone. Hotels topped the list with a gain of 53.42 points, followed by Hydropower (52.3), Development Banks (23.85) and Banking (15.8) respectively.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-28',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange index reached a four-year high crossing 570 points last Thursday. The Nepse benchmark surged to the four-year high on the first day after the floor opened remaining closed for a week due to the Dashain vacation. Nepse increased 4.81 points on the first (as well as the last day of the week) closing at 571.8. Earlier on November 11, 2009, the Nepse index had reached to this level.',
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			'id' => '1993',
			'article_category_id' => '152',
			'title' => 'Focus Briefs (21 - 27 October 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Him Electronics Introduces New Range of Cameras</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/him.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 225px; height: 441px;" />Him Electronics Private Limited, authorized distributor of Samsung Cameras in Nepal, has introduced a range of new cameras &ndash; WB200F, ST150F and ST72 &ndash; that revamp the style of classic professional cameras to incorporate into the digital era.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Introducing first, the Samsung WB200F features a Hybrid Touch User Interface and enhanced WiFi connectivity that has simplified image sharing with friends and family. Moreover, it comes with a 14.2 MP sensor, 18x zoom and 24mm ultra-wide angle lens that delivers powerful optical performance, high quality close-ups, candids and panoramas.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, the Samsung ST150F is the cheapest WiFi camera in the market with 16 MP sensor, 5x zoom, 3 inch screen and a premium design in metal body that delivers high quality images that can be easily and immediately shared with friends and family on Facebook.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Furthermore, the highly stylish, portable Samsung ST72 features a bright f2.5 lens, 5x zoom and 16.2 Megapixels. This unprecedented combination brilliantly captures minute details even in dimly lit rooms, or outdoors on a cloudy night. The large 3.0 (75mm) LCD helps you to perfectly frame a shot or a scene in the 720p HD video.</div>
<div>
	&nbsp;</div>
<div>
	These unique SMART cameras are now officially available in Nepal. The prices of WB200F, ST150F and ST72 are Rs. 24,990, Rs14, 990 and 13,990, respectively.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Canon EOS 6D now available in Nepal</strong></span></div>
<div>
	Primax International has launched the world&acute;s &acute;smallest and lightest&acute; full frame DSLR camera, Canon EOS 6D, in the Nepali market. Dinesh Agarwal, marketing manager of the company, said the new camera has been introduced to cater to the growing demand for DSLR cameras in Nepal. &ldquo;The demand for DSLR cameras is increasing here and we receive queries every time a camera is launched in the international market,&rdquo; said Agarwal.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/canon(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 250px; height: 225px;" />EOS 6D is a 20.2 mega pixels full-frame CMOS sensor camera with a wide ISO range of 100-25600 which can be expanded to L:50, H1:51200 and H2:102400. The camera sports a 3-inch clear view TFT LCD monitor with approximately 1.04 million dots. It provides a 160 degree viewing angle and has reflection resistance with multi-coating and high-transparency materials for bright and clear viewing.</div>
<div>
	&nbsp;</div>
<div>
	According to the company, the ISO range of the camera allows users to set camera&acute;s sensitivity to light, helping them capture incredible image quality even in low light. Likewise, a DIGIC 5+ image processor in the camera delivers enhanced noise reduction and exceptional processing speed.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;The camera is best for capturing fast moving objects as it allows continuous shooting of up to 4.5 frames per second. It also captures full HD video with manual exposure control and multiple frame rates,&rdquo; Primax International said in a statement. &ldquo;With custom shooting modes, custom controls, and other features, the camera provides flexible customization to users depending upon their shooting need.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	The camera is available at Canon Link at Civil Mall and City Center. The company has priced the camera at Rs 221,000 for body only and Rs 297,000 for body and 24-105mm lens.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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' => 'Him Electronics Private Limited, authorized distributor of Samsung Cameras in Nepal, has introduced a range of new cameras – WB200F, ST150F and ST72 – that revamp the style of classic professional cameras to incorporate into the digital era',
			'sortorder' => '1842',
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	(int) 6 => array(
		'Article' => array(
			'id' => '1991',
			'article_category_id' => '113',
			'title' => 'US Dollar Exchange Rate At Local Market (14 - 20 October 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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' => '1841',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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			'main_news' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '1990',
			'article_category_id' => '108',
			'title' => 'Money Matters News In Brief (21 -27 October 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>NMB&rsquo;s ATM at Babarmahal</strong></span></div>
<div>
	NMB Bank has started its new ATM service at the premise of Kathmandu District Court (KDC) in Babarmahal. KDC Judge Achyut Bista inaugurated the newly established counter on October 10. This counter is expected to help on banking services for the beneficiaries of the court. With this counter, the total number of the ATM counters of NMB has reached 27. Likewise, The Bank has 26 branches and one extension counter across the country.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">Standard Chartered Marks World Sight Day</span></strong></div>
<div>
	Standard Chartered Bank Nepal organised a talk program on &lsquo;Eye Banking and Eye Donation&rsquo; at its Head Office in Naya Baneshwore on October 10 to mark the World Sight Day 2013. The Bank also organised a dry eye check up camp at its premises in Biratnagar Branch. &nbsp;According to the press release of the Bank, it had extended a financial assistance of $1 million for the construction of Biratnagar Eye Hospital in Biratnagar with a view to reinforce the &lsquo;Seeing is Believing&rsquo; agenda in Nepal.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Citizen&rsquo;s 15pc Dividend Approved</strong></span></div>
<div>
	Citizen Bank International Ltd has approved the proposal to distribute 15 per cent dividend. The Seventh Annual General Meeting (AGM) of the Bank held on October 8 made the decision to this effect. The Bank has made the net profit worth Rs 413.2 million in the Fiscal Year 2011-12. Likewise, the Bank has collected the total deposit worth Rs 22.74 billion rupees and extended the loan amount Rs 17.95 billion in the review period. Bank&rsquo;s Chairman Pradeep Jung Pandey has presented the financial report in the AGM. According to Pandey, the Bank has planned to open its branch offices in Jumla, Jajarkot and Siddharthanagar within 3 months.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Everest Establishes Information Board at Pashupati</strong></span></div>
<div>
	Digital Information Board has been established in the western gate of the Pashupatinath Temple with the support of Everest Bank Ltd. The Board aims to inform the devotees at the Temple about the prayer schedule, special programs to be held and donations received by the Pashupati Area Development Trust (PADT). According to the joint press release issued by the Everest Bank and PADT, the institutions have pledged to conduct other development works in the collaboration in the near future.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>NMB Announces 15pc Dividend</strong></span></div>
<div>
	NMB Bank has announced 15 per cent dividend to its share holders. The meeting of the Board of Directors (BOD) held at the first week of the October made such decision. The dividend distribution will come into effect after getting the approval from the Nepal Rastra Bank and the upcoming Annuan General Meeting of the company, states the press release of the NMB.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Kumari&rsquo;s Banking Literacy Campaign</strong></span></div>
<div>
	Kumari Bak Ltd has organised a banking literacy programme. The programme was organised on the first week of October at Balaju Engineering College in the coordination of Swati Sadan Campus. The Bank&rsquo;s Relationship Manager Bishwas Raj Aryal has informed the students about the importance of saving and the banking system. Over 200 students have participated in the campaign.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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' => 'NMB Bank has started its new ATM service at the premise of Kathmandu District Court (KDC) in Babarmahal. KDC Judge Achyut Bista inaugurated the newly established counter on October 10. This counter is expected to help on banking services for the beneficiaries of the court. With this counter, the total number of the ATM counters of NMB has reached 27. Likewise, The Bank has 26 branches and one extension counter across the country.',
			'sortorder' => '1840',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	(int) 8 => array(
		'Article' => array(
			'id' => '1989',
			'article_category_id' => '109',
			'title' => 'Stringent Measures To Open Branches',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Rastra Bank has tightened the provision to expand the branch offices of the banking and financial institutions (BFIs).&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Bhaskar Mani Gnawali, spokesperson of the NRB, informed that the new measures to open branches of the BFIs have been brought in a bid to curb the flow of banks in the urban areas and increase the quality of their banking services.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the new provision, a bank or financial institution must establish three branches outside the Kathmandu valley to open a branch inside Kathmandu valley. Earlier, a bank or financial institution was allowed to open a branch inside Kathmandu by establishing two outside the valley.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	A bank can apply for opening a branch inside Kathmandu valley after establishing at least one branch among 14 districts designated by the NRB, where there is low presence of the BFIs, one outside any district headquarter or &nbsp;municipality and one as per the bank&rsquo;s own interest outside the Kathmandu valley.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The new provision requires a Bank and Financial institution to provide details of branches established outside the Kathmandu valley to apply for opening branch offices. Likewise, the NRB will accord a priority to open branches outside the Ringroad or in the VDCs inside Kathmandu valley.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	NRB has also decreased the number of districts to 14 from 17, listed as districts where there is a low presence of BFIs. These districts are Bhojpur, Okhaldhunga, Manang, Rukum, Salyan, Jumla, Mugu, Humla, Kalikot, Dolpa, Jajarkot, Bajhang, Bajura and Darchula.</div>
<div>
	&nbsp;</div>
<div>
	Meanwhile, the NRB has also made the &lsquo;Kha&rsquo; and &lsquo;Ga&rsquo; class license financial institutions mandatory to extend lending on the productive sectors. Agriculture, energy, tourism and small and cottage industries are identified as the productive sectors by the NRB. Earlier, it was mandatory for the commercial banks only. According to the new directives of the NRB, &lsquo;Kha&rsquo; and &lsquo;Ga&rsquo; class BFIs should prepare a work-plan to extend the loans within three years towards agriculture, tourism, energy and cottage industries. &nbsp;&lsquo;Kha&rsquo; class BFIs should extend a loan of 10 per cent of the total loan, while &lsquo;Ga&rsquo; class BFIs is required to extend 10 per cent.&nbsp;</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Rastra Bank has tightened the provision to expand the branch offices of the banking and financial institutions (BFIs). 

Bhaskar Mani Gnawali, spokesperson of the NRB, informed that the new measures to open branches of the BFIs have been brought in a bid to curb the flow of banks in the urban areas and increase the quality of their banking services.',
			'sortorder' => '1839',
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	(int) 9 => array(
		'Article' => array(
			'id' => '1988',
			'article_category_id' => '109',
			'title' => 'Everest’s 60pc Dividend Approved',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	The proposal to distribute 60 per cent dividend to the shareholders has been endorsed by the 19th Annual General Assembly (AGM) of the Everest Bank. The AGM of the Everest Bank held on October 9 made the decision to distribute 50 per cent cash dividend and 10 per cent bonus share to its share holders, according to the press release of the Bank. The shareholders congratulated the Board and the Management for declaring the highest cash dividend/bonus shares so far in the country for the financial year, adds the press release.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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 proposal to distribute 60 per cent dividend to the shareholders has been endorsed by the 19th Annual General Assembly (AGM) of the Everest Bank.',
			'sortorder' => '1838',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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			'main_news' => false,
			'in_scroller' => false,
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	),
	(int) 10 => array(
		'Article' => array(
			'id' => '1984',
			'article_category_id' => '146',
			'title' => 'Visual Edit Vol 3 Issue 35',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Visual Edit',
			'sortorder' => '1837',
			'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' => '1985',
			'article_category_id' => '151',
			'title' => 'Chitwan’s B-school',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Bhawani Timilsina</strong></div>
<div>
	&nbsp;</div>
<div>
	Presidency College of Management Sciences (PCMS), affiliated with Purbanchal University (PU) and Higher Secondary Education of Nepal, is a business school located in Bharatpur, Chitwan. The college, operated by highly qualified and skilled human resources, offers coeducation facilities in management (ten plus two), BBA (Bachelor of Business Administration) and MBA (Masters in Business Administration). The vision of PCMA is to complement applied business studies with practice and make students globally competent. It also has the vision to promote self confidence, self dependence, moral behaviour and a focus on student-teacher and parent relations.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;We have the latest university curriculum and teaching methodologies, coupled with Nepali values and ethics that distinguish us from others,&rdquo; says Prakash Dhoj Adhikari, Chairman of the college. The college has also won the best college outside the valley award from New Business Age Pvt. Ltd. &ldquo;Presidency College of Management and Science has been dedicated towards quality education for 15 years and we feel great today great to be appreciated,&rdquo; Adhikari says.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Presidency College of Management Sciences" src="/userfiles/images/bscw.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 250px; height: 298px;" />In the beginning, it was very difficult for organizations to take any initiative for business education. Lack of infrastructure, adequate managerial institutions and quality education forced Nepali students to travel to other cities. PCMS has been trying to fill the vacuum by being a competent substitute. &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The college provides students with opportunity to visit various industries to broaden classroom understanding. &ldquo;We have built an extensive relationship with major corporate houses in the country,&rdquo; says Adhikari.</div>
<div>
	&nbsp;</div>
<div>
	The college also organizes various workshops on public speaking, business and professional writing skills, career planning, entrepreneurial skills development and training on financial and banking services.</div>
<div>
	&nbsp;</div>
<div>
	Considering the academic history and capacity of the students, PCMS also provides scholarships to deserving students.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The college conducts research and consulting activities that help enrich the learning experience of students. &nbsp;Some of the projects that have been executed include a small business research on &lsquo;Consumer Behaviour Analysis and Retail Outlet&rsquo;, &lsquo;Analysis of CUG and its products&rsquo;, Event Management of HCL (Hindustan Computer Limited) Branded, and Event Management of&nbsp;</div>
<div>
	&lsquo;Yamaha Mini-Mela&rsquo;. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The PCMS has organized seminars on account keeping, leadership development and training on stock market and banking system and procedure.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;We have excellent records of students engaged in different business activities in finance and banking industries, among others,&rdquo; says Adhikari. The college has recently opened an effective placement service cell that works as a meeting platform for students and has developed an excellent relationship with the corporate community. &nbsp;The cell also frequently organizes different programmes in collaboration with reputed organizations.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="PRESIDENCY COLLEGE OF MANAGEMENT SCIENCES" src="/userfiles/images/b-b.jpg" style="width: 550px; height: 185px; margin-left: 20px; margin-right: 20px;" /></div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-28',
			'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' => 'Presidency College of Management Sciences (PCMS), affiliated with Purbanchal University (PU) and Higher Secondary Education of Nepal, is a business school located in Bharatpur, Chitwan. The college, operated by highly qualified and skilled human resources, offers coeducation facilities in management (ten plus two), BBA (Bachelor of Business Administration) and MBA (Masters in Business Administration).',
			'sortorder' => '1836',
			'image' => null,
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	(int) 12 => array(
		'Article' => array(
			'id' => '1975',
			'article_category_id' => '160',
			'title' => 'Corptoon Vol 3 Issue 35',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Corptoon',
			'sortorder' => '1835',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '1982',
			'article_category_id' => '144',
			'title' => 'Do Not Make The Country A Testing Ground',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	Political parties are still reluctant and inefficient to give a clear model for state restructuring though the election for the second Constituent Assembly (CA) is slated to be held next month. It is for sure that their dillydally in figuring out the clear model of state restructuring will cost the country dearly.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	As the fever of the second Constituent Assembly (CA) election has gone up, political parties are busy drafting and finalizing their election manifestos. Political parties, however, seem to be dubious in identifying what the new structure of the Nepali state should be.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The common fear existing in the country is that political parties may push the country into further uncertainty in the name of adopting &lsquo;our own model&rsquo; of federalism and democracy. There are lots of controversies among political parties, and within a single political party too, related to state restructuring. Political parties, which are supposed to raise class issue, have been raising ethnic agenda for the sake of their own benefit. On the other hand, the so-called democratic forces have been visionless and indecisive on various crucial issues including appropriate model to run the country.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	It is well-known fact that the first Constituent Assembly got dissolved without delivering a statute four years after the election. And it was because of lack of clarity among political parties whose last-hour consultations ended without an agreement on model of federalism.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	While ethnic-based federal units were seen by some as the only way to address the identity of marginalised communities, there were also fears that given Nepal&rsquo;s complex ethnic, racial, linguistic and caste mosaic this would lead to fragmentation and conflict.</div>
<div>
	&nbsp;</div>
<div>
	There are differences among political forces in many crucial issues including federalism, number of province, model of the government, i.e., presidential vs parliamentarian.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Political parties should not try to make the country a testing ground. It would be better to adopt any of established models of democracy instead of creating catchy phrases and ambiguous words in the name of &lsquo;originality&rsquo;.</div>
<div>
	&nbsp;</div>
<div>
	Political system may vary country to country. For instance, there are various political systems in various countries including US Presidential system, UK &ndash; Westminster parliamentary, German semi-parliamentary and French hybrid.</div>
<div>
	&nbsp;</div>
<div>
	But political parties in Nepal have been trying to mix up various practices from different political system. Mixing British Westminster parliamentary system with US presidential system or French model of political system may create confusion when it comes time to implement the model in practice.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	So, political parties should dare to speak out openly that adopting already tested political system will be more suitable in the country rather than opting for new test. The differences should be harnessed because all political parties, in principle, want prosperity and development of the country. &nbsp;All we need is sincere effort and genuine commitment from political parties. The bottom-line should be democracy and liberal economy; rest of the issues can be discussed and amended in the process of practicing democracy.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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' => 'Political parties are still reluctant and inefficient to give a clear model for state restructuring though the election for the second Constituent Assembly (CA) is slated to be held next month. It is for sure that their dillydally in figuring out the clear model of state restructuring will cost the country dearly.',
			'sortorder' => '1834',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '1983',
			'article_category_id' => '86',
			'title' => 'Open Secret',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	A Joint Economic Commission Meeting of Nepal India held last time put many new issues on the table including the additional lock system that the Indian Customs had started enforcing on Nepal bound containers ferrying third country imports. The commerce secretary of Nepal was not very happy with the decision but could not say it openly in the meeting.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	After the meeting was over a press conference was organized during which a &nbsp;journalist asked a peculiar question. &ldquo;What is the common among the Nepal India border, additional lock system and the Nepali Post office?&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Thinking for a while, the commerce secretary of Nepal replies in one gasp: &ldquo;It&rsquo;s an open secret. None of them can be closed&rdquo;. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; <strong>&nbsp; &nbsp;-ML</strong></div>
<div>
	&nbsp;</div>',
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			'description' => 'A Joint Economic Commission Meeting of Nepal India held last time put many new issues on the table including the additional lock system that the Indian Customs had started enforcing on Nepal bound containers ferrying third country imports. The commerce secretary of Nepal was not very happy with the decision but could not say it openly in the meeting.',
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			'id' => '1995',
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			'title' => 'Tara Air Adds New Dornier',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Tara Air has added a Dornier Do228-212 aircraft to its fleet. According to the Airline, the new aircraft will aid in expanding its services to rural areas of Nepal and will also support the trekking industry. &nbsp;With the new addition, Tara Air now operates a fleet of four Canadian built DHC6-300 Twin Otters and three German built Dornier Do228-212 aircrafts.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;The aircraft has been specifically purchased to support the country&rsquo;s trekking industry and to provide transportation and food supply to rural areas of Nepal where we have been the only airline flying on a regular basis,&rdquo; said Roshan Regmi, Marketing Manager of Tara Air.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The 18-seater Dornier Do228-212 is a Short Take Off and Landing (STOL) capable aircraft, ideal for operating in short, high altitude runways such as Lukla and Jomsom. &nbsp;This Honeywell TPE 331-10 twin engine powered aircraft is equipped with the latest Enhanced Ground Proximity Warning System (EGPWS) and the advanced Traffic Collision Awareness System II (TCAS II) and meets all the airworthiness standards of the Civil Aviation Authority of Nepal.</div>',
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			'created' => '2013-10-21',
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			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Tara Air has added a Dornier Do228-212 aircraft to its fleet. According to the Airline, the new aircraft will aid in expanding its services to rural areas of Nepal and will also support the trekking industry.  With the new addition, Tara Air now operates a fleet of four Canadian built DHC6-300 Twin Otters and three German built Dornier Do228-212 aircrafts',
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			'article_category_id' => '100',
			'title' => 'Tourism Briefs (21 -27 October 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong style="font-size: 14px;">India Gets Re-elected in ICAO Council</strong></div>
<div>
	India has been re-elected in the new Council of International Civil Aviation Organization (ICAO), as one of the states making the largest contribution to the provision of facilities for international civil air navigation. The 38th session of the Assembly of ICAO completed the election of the Council in Montreal on 1 October. The 36- member Council is the governing body of the Organization and is elected for a three-year term. (Traveldailymedia.com)&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>UN calls for single Silk Road visa</strong></span></div>
<div>
	The UN has called for a single tourist visa for countries in Central Asia, to boost tourism development along the ancient Silk Road. At the UNESCO and UNWTO-led &lsquo;Silk Roads Heritage Corridors Tourism Strategy Workshop&rsquo;, which was held in Kazakhstan earlier this month, representatives from the UN&rsquo;s tourism and heritage bodies said China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan &ldquo;must work towards a single Silk Road visa&rdquo; if the potential for tourism growth along the Silk Road Heritage Corridors is to be fully realised. Complicated visa systems, inefficient application processes and high fees hinder the development of the Silk Road as a tourism destination, they added. To boost tourism and conservation in the region, two World Heritage nominations for the Silk Roads Heritage Corridors in Central Asia and China have been submitted to UNESCO. (Traveldailymedia.com)</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>International Tourism on the Rise</strong></span></div>
<div>
	Demand for international tourism remained strong throughout the first eight months of 2013, according to the latest UNWTO World Tourism Barometer. Between January and August, the number of international tourists worldwide grew by 5 per cent, driven by strong results in Europe, Asia and the Pacific and the Middle East. UNWTO&rsquo;s Panel of Experts confirms this positive trend. Its evaluation of the May-August period shows a significant improvement in confidence, while prospects for the last four months of 2013 remain upbeat. In the first eight months of the year, international tourist arrivals grew by 5 per cent to reach a record 747 million worldwide, some 38 million more than in the same period of 2012. Europe (+5 per cent) benefited the most from the growth of tourism in the first eight months of 2013, with an estimated 20 million more arrivals in the region. &nbsp; (Traveldailynews.com)</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>TripAdvisor Launches Groundbreaking New Service TripConnect&nbsp;</strong></span></div>
<div>
	TripAdvisor has launched its innovative TripConnect service. The self-service platform, a first for the hospitality sector, allows TripAdvisor Business Listings subscribers to participate in Hotel Price Comparison and to drive direct bookings from TripAdvisor to their own property&rsquo;s website. Each month, over 260 million unique users visit TripAdvisor to plan travel. TripConnect will enable independent accommodation owners to bid for this traffic, an option previously only available to online travel agents and large hotel chains. These independent hotels and B&amp;Bs will be able to add their own room rates and availability, allowing travellers to click directly through to the property&rsquo;s own website to make a booking. (Traveldailynews.com)</div>',
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			'description' => 'India has been re-elected in the new Council of International Civil Aviation Organization (ICAO), as one of the states making the largest contribution to the provision of facilities for international civil air navigation. The 38th session of the Assembly of ICAO completed the election of the Council in Montreal on 1 October. The 36- member Council is the governing body of the Organization and is elected for a three-year term',
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			'id' => '1986',
			'article_category_id' => '156',
			'title' => 'It’s Not A Failure To Fail',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Alan Iny</strong></div>
<div>
	&nbsp;</div>
<div>
	Philip Terzian, a prominent Washington journalist, wrote a column earlier this year that every professional should read. The column details Terzian&rsquo;s schoolboy struggles with what he calls &ldquo;the scourge of mathematics.&rdquo; So bad was his math ineptitude that the prep school he was attending declared him &ldquo;not college material&rdquo; and sent him packing. He moved on, graduated from Villanova University, and has had a long and successful career, including stints at the Los Angeles Times, the Providence Journal and the Weekly Standard.</div>
<div>
	&nbsp;</div>
<div>
	Failure is dreaded in much of the world, but it shouldn&rsquo;t be. If it&rsquo;s a failing grade due to laziness or lack of effort, it&rsquo;s not something to celebrate. But if you try something new and fail, you&rsquo;ve at least shown a willingness to take risks &ndash; one of the hallmarks of creativity.Virtually everyone fails at something at some time; it&rsquo;s not the end of the world. And it can often be the catalyst that ultimately leads to success. The advice is good in the lead song from the Fred Astaire-Ginger Rogers movie, Swing Time: &ldquo;Pick yourself up, dust yourself off, start all over again.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	It took Thomas Edison hundreds of tries before he successfully came up with a commercially viable incandescent light bulb. Oprah Winfrey, at age 22, was fired from a television reporting job because she wasn&rsquo;t right for TV, in the view of her then employer. The Beatles were let go by their first record label. (Hat tip: Business Insider&rsquo;s 15 People Who Failed Before Becoming Famous)</div>
<div>
	&nbsp;</div>
<div>
	The best thing, in my opinion, is to proactively fail. Go big; fall hard. And I&rsquo;m not alone.</div>
<div>
	&nbsp;</div>
<div>
	Grey advertising celebrates &ldquo;failures of daring and audacity&rdquo; with a quarterly Heroic Failures award. &ldquo;Better to attempt something astonishing and go down in flames than to gingerly hold back,&rdquo; the company says. In business, challenging who we are, what we do, and how we do it should be an ongoing and permanent process. When you stand still, you fall behind.</div>
<div>
	&nbsp;</div>
<div>
	Consider TV news. The old news format, which prevailed for more than three decades, presented &ldquo;news&rdquo; in regularly scheduled, usually 30-minute, packages. Ted Turner believed this concept was outdated. So, in 1980 his Turner Broadcasting System launched Cable News Network (CNN), offering news reports all day long, in real time.</div>
<div>
	&nbsp;</div>
<div>
	This &lsquo;new box&rsquo; for news, which seems obvious today, was by no means guaranteed to succeed. &nbsp;CNN lost money in its first years and was ridiculed for attempting to change people&rsquo;s perceptions about the news so dramatically. &nbsp;Over time, however, it came to be known for live coverage of events around the world, and regularly scooped other news outlets.</div>
<div>
	&nbsp;</div>
<div>
	Still, no good idea is good forever, and by the end of the 1990s CNN was struggling to regain a leading share of an industry that more subjective &lsquo;talk radio&rsquo; types of television had come to dominate.</div>
<div>
	&nbsp;</div>
<div>
	Breakthrough creativity requires recognizing and challenging your mental autopilot: the firmly held assumptions and beliefs that box you in, define who you are, and limit what you do. And this applies, even when your business &ndash; career, job, company &ndash; is doing well. Don&rsquo;t wait for a crisis to challenge the old and seek out the new.</div>
<div>
	&nbsp;</div>
<div>
	So the next time things are going swimmingly, remember this: Even when we&rsquo;re doing well, we need to be creative, put our imagination to work, and try to do something new and better. That is worthwhile regardless of where it leads.</div>
<div>
	&nbsp;</div>
<div>
	(<em>Alan Iny is senior global specialist in business creativity at The Boston Consulting Group (BCG) and co-author, with BCG senior adviser Luc de Brabandere, of the newly-published Thinking in New Boxes: A New Paradigm for Business Creativity.)</em></div>
<div>
	<em>(http://blogs.wsj.com/atwork)</em></div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-11-11',
			'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' => 'Philip Terzian, a prominent Washington journalist, wrote a column earlier this year that every professional should read. The column details Terzian’s schoolboy struggles with what he calls “the scourge of mathematics.” So bad was his math ineptitude that the prep school he was attending declared him “not college material” and sent him packing. He moved on, graduated from Villanova University, and has had a long and successful career, including stints at the Los Angeles Times, the Providence Journal and the Weekly Standard.',
			'sortorder' => '1845',
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	(int) 3 => array(
		'Article' => array(
			'id' => '1979',
			'article_category_id' => '140',
			'title' => 'Political Parties Campaigning Sans Poll Manifesto',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>--By Sagar Ghimire</strong></div>
<div>
	&nbsp;</div>
<div>
	With the Constituent Assembly (CA) poll just a month away, most of the political parties have intensified poll campaigning for the polls without their election manifestos. <span class="Apple-tab-span" style="white-space: pre;"> </span></div>
<div>
	&nbsp;</div>
<div>
	So far, UCPN (Maoist), Rajendra Mahato-led Sadbhavana Party (SP), Kamal Thapa-led Rastriya Prajatantra Party- Nepal (RPP-Nepal), and a few other fringe parties, only have unveiled their election manifesto. RPP-Nepal was the first political party to come up publicly with its election manifesto on October 8 while the major parties like &nbsp;Nepali Congress (NC) and CPN-UML are yet to make their manifesto public until this scribe went to press on Sunday.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Though the manifesto has already been endorsed by the CPN (UML) Standing Committee meeting on October 15, it has not been made public yet.</div>
<div>
	&nbsp;</div>
<div>
	The manifesto drafting committee (MDC) of the NC has already finalised the draft, the MDC has circulated the draft to the leaders of the party for a final call. According to NC sources, the party will make its manifesto public only after a couple of days.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>&ldquo;Directly elected prez, PM from parliament&rdquo;</strong></span></div>
<div>
	The UCPN (Maoist) has proposed a directly elected presidential system and Prime Minister elected from the parliament to run the daily administration as the form of governance and 11-province model for the state restructuring. 11 autonomous provinces have been proposed based on ethnicity, language, identity, economic interrelations, infrastructure development, availability of natural resources and administrative accessibility. The 11 provinces include Seti-Mahakali, Bheri-Karnali, Magarat, Tamuwan, Tamsaling, Newa, Kirant, Limbuwan, Tharuwan, Madhesh and Kochila. Likewise, in its manifesto, the party has claimed to uplift the country&rsquo;s economic status to high level as well as ending poverty within 15 years. Unveiling its manifesto in capital last Saturday, UCPN (Maoist) chairperson Pushpa Kamal Dahal has pledged to implement the manifesto in a &lsquo;true sense&rsquo;.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>SP bats two provinces in Madhes</strong></span></div>
<div>
	Amid demands of &lsquo;one Madhes, one province&rsquo; by the Madhes-based parties, SP has proposed two provinces in Madhes. SP has proposed that the whole Madhes be divided into two provinces&mdash; East and West of Narayani. Chairman of the SP, Rajendra Mahato, made the manifesto public organizing a press conference in the capital last Friday and said his party was for 10 states as proposed by State Restructuring Committee of the erstwhile CA. The party also proposed constitutional presidential system elected from both the houses of bicameral legislation and Prime Minister as the executive chief.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>RPP-Nepal for reinstatement of monarchy&nbsp;</strong></span></div>
<div>
	RPP-Nepal has reiterated its stand of reinstatement of constitutional monarchy, directly elected prime minister and liberal economic system. The party has also proposed its Chairman Kamal Thapa as its prime ministerial candidate for the elections. In its election manifesto made public on October 15, it has claimed that the roadmap of a republican set-up with federalism has become a complete failure. The party has proposed mixed election system.</div>
<div>
	&nbsp;</div>
<div>
	The RPP-N manifesto has proposed directly elected prime minister as executive head and calls for not making the same person the prime minister twice. The party has expressed its commitment that it will never organise general strikes.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>EU poll observers at field</strong></span></div>
<div>
	Meanwhile, 34-member European Union Election Observation Mission (EU EOM) led by Chief Observer Eva Joly, a member of the European Parliament, have been deployed across the country as long term observers.</div>
<div>
	&nbsp;</div>
<div>
	The observers arrived in the country on October 13 to observe the Constituent Assembly election scheduled for November 19.The EU office here briefed the observers about the process and methods of election observations for three days before assigning them on duty.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to Chief Observer Joly, shortly before the election, a group of 40 short-term observers together with a delegation of members of the European Parliament and locally-recruited short term observers from EU member state embassies will be joining the mission in order to observe voting, counting and tabulation of results.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The EU election observers are bound by a strict code of conduct that ensures their neutrality and impartibility. They do not interfere in the electoral process and have no authority to change or correct any shortcomings or to request changes during the election process.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-29',
			'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 the Constituent Assembly (CA) poll just a month away, most of the political parties have intensified poll campaigning for the polls without their election manifestos.  

So far, UCPN (Maoist), Rajendra Mahato-led Sadbhavana Party (SP), Kamal Thapa-led Rastriya Prajatantra Party- Nepal (RPP-Nepal), and a few other fringe parties, only have unveiled their election manifesto. RPP-Nepal was the first political party to come up publicly with its election manifesto on October 8 while the major parties like  Nepali Congress (NC) and CPN-UML are yet to make their manifesto public until this scribe went to press on Sunday.',
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	(int) 4 => array(
		'Article' => array(
			'id' => '1987',
			'article_category_id' => '109',
			'title' => 'Nepse Records Four-year High',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange index reached a four-year high crossing 570 points last Thursday. The Nepse benchmark surged to the four-year high on the first day after the floor opened remaining closed for a week due to the Dashain vacation. Nepse increased 4.81 points on the first (as well as the last day of the week) closing at 571.8. Earlier on November 11, 2009, the Nepse index had reached to this level.</div>
<div>
	&nbsp;</div>
<div>
	88,363 shares of 62 companies worth Rs 40.17 million in 590 transactions were traded last week. The market capitalisation of the stock market increased to Rs 575.4 billion.</div>
<div>
	&nbsp;</div>
<div>
	Stock analysts say that relatively stable politics with the optimism of CA polls and attractive dividend expectation from the listed companies are the reasons that have kept the investors upbeat for past few weeks. According to analysts, investors are scrambling to invest into the secondary market in recent days with the anticipation of better returns in the coming days.</div>
<div>
	&nbsp;</div>
<div>
	Among the sub-indices, Hydropower, Insurance, Commercial Banks, Finance, Other sectors observed incline, while Development Banks witnessed a decline. The index of the Manufacturing sector remained stable during the week. Hydropower was the biggest gainer of the week with a rise of share prices of Chilime Hydropower, Butwal Power Company and Arun Valley Hydropower Company by Rs 10, 6 and five per unit respectively. Nabil Bank topped the index in terms of transaction amount worth Rs 6.80 million.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nine companies listing suspended&nbsp;</strong></span></div>
<div>
	Meanwhile, NEPSE has suspended the annual listing of nine companies last Sunday after they failed to pay the renewal fee.&nbsp;</div>
<div>
	Everest Insurance Company Limited, National Hydro Power Company Limited, Bottlers Nepal (Terai) Limited , Shree Ram Sugar Mills Limited, &nbsp;Kanchan Development Bank, Multipurpose Finance Company, Himalayan Finance Company and Nepal Film Development Company are the companies to be suspended from&nbsp;</div>
<div>
	the listing.</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong style="font-size: 16px;">Nepse on Sunday</strong></p>
</div>
<div>
	Nepse index continued of climbing higher and reached on Sunday to 584.07 points, a highest record of four-year period. &nbsp; Likewise, the rise in the index is also a record in last four months. Nepse index rose by double digit (12.27 points) on the first day for the first time after a three-month of period. Earlier the secondary market had witnessed the double-digit growth of 14.19 points on 21st July, 2013.</div>
<div>
	&nbsp;</div>
<div>
	The share market saw a total of Rs 145,798,355 in turnover through 1,643 transactions of 88 companies on the first day of the market this week.</div>
<div>
	&nbsp;</div>
<div>
	The sub-indices of all sectors registered gain as all settled in the green zone. Hotels topped the list with a gain of 53.42 points, followed by Hydropower (52.3), Development Banks (23.85) and Banking (15.8) respectively.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-28',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange index reached a four-year high crossing 570 points last Thursday. The Nepse benchmark surged to the four-year high on the first day after the floor opened remaining closed for a week due to the Dashain vacation. Nepse increased 4.81 points on the first (as well as the last day of the week) closing at 571.8. Earlier on November 11, 2009, the Nepse index had reached to this level.',
			'sortorder' => '1843',
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	(int) 5 => array(
		'Article' => array(
			'id' => '1993',
			'article_category_id' => '152',
			'title' => 'Focus Briefs (21 - 27 October 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Him Electronics Introduces New Range of Cameras</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/him.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 225px; height: 441px;" />Him Electronics Private Limited, authorized distributor of Samsung Cameras in Nepal, has introduced a range of new cameras &ndash; WB200F, ST150F and ST72 &ndash; that revamp the style of classic professional cameras to incorporate into the digital era.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Introducing first, the Samsung WB200F features a Hybrid Touch User Interface and enhanced WiFi connectivity that has simplified image sharing with friends and family. Moreover, it comes with a 14.2 MP sensor, 18x zoom and 24mm ultra-wide angle lens that delivers powerful optical performance, high quality close-ups, candids and panoramas.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, the Samsung ST150F is the cheapest WiFi camera in the market with 16 MP sensor, 5x zoom, 3 inch screen and a premium design in metal body that delivers high quality images that can be easily and immediately shared with friends and family on Facebook.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Furthermore, the highly stylish, portable Samsung ST72 features a bright f2.5 lens, 5x zoom and 16.2 Megapixels. This unprecedented combination brilliantly captures minute details even in dimly lit rooms, or outdoors on a cloudy night. The large 3.0 (75mm) LCD helps you to perfectly frame a shot or a scene in the 720p HD video.</div>
<div>
	&nbsp;</div>
<div>
	These unique SMART cameras are now officially available in Nepal. The prices of WB200F, ST150F and ST72 are Rs. 24,990, Rs14, 990 and 13,990, respectively.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Canon EOS 6D now available in Nepal</strong></span></div>
<div>
	Primax International has launched the world&acute;s &acute;smallest and lightest&acute; full frame DSLR camera, Canon EOS 6D, in the Nepali market. Dinesh Agarwal, marketing manager of the company, said the new camera has been introduced to cater to the growing demand for DSLR cameras in Nepal. &ldquo;The demand for DSLR cameras is increasing here and we receive queries every time a camera is launched in the international market,&rdquo; said Agarwal.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/canon(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 250px; height: 225px;" />EOS 6D is a 20.2 mega pixels full-frame CMOS sensor camera with a wide ISO range of 100-25600 which can be expanded to L:50, H1:51200 and H2:102400. The camera sports a 3-inch clear view TFT LCD monitor with approximately 1.04 million dots. It provides a 160 degree viewing angle and has reflection resistance with multi-coating and high-transparency materials for bright and clear viewing.</div>
<div>
	&nbsp;</div>
<div>
	According to the company, the ISO range of the camera allows users to set camera&acute;s sensitivity to light, helping them capture incredible image quality even in low light. Likewise, a DIGIC 5+ image processor in the camera delivers enhanced noise reduction and exceptional processing speed.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;The camera is best for capturing fast moving objects as it allows continuous shooting of up to 4.5 frames per second. It also captures full HD video with manual exposure control and multiple frame rates,&rdquo; Primax International said in a statement. &ldquo;With custom shooting modes, custom controls, and other features, the camera provides flexible customization to users depending upon their shooting need.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	The camera is available at Canon Link at Civil Mall and City Center. The company has priced the camera at Rs 221,000 for body only and Rs 297,000 for body and 24-105mm lens.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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' => 'Him Electronics Private Limited, authorized distributor of Samsung Cameras in Nepal, has introduced a range of new cameras – WB200F, ST150F and ST72 – that revamp the style of classic professional cameras to incorporate into the digital era',
			'sortorder' => '1842',
			'image' => null,
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	(int) 6 => array(
		'Article' => array(
			'id' => '1991',
			'article_category_id' => '113',
			'title' => 'US Dollar Exchange Rate At Local Market (14 - 20 October 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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' => '1841',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '1990',
			'article_category_id' => '108',
			'title' => 'Money Matters News In Brief (21 -27 October 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>NMB&rsquo;s ATM at Babarmahal</strong></span></div>
<div>
	NMB Bank has started its new ATM service at the premise of Kathmandu District Court (KDC) in Babarmahal. KDC Judge Achyut Bista inaugurated the newly established counter on October 10. This counter is expected to help on banking services for the beneficiaries of the court. With this counter, the total number of the ATM counters of NMB has reached 27. Likewise, The Bank has 26 branches and one extension counter across the country.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">Standard Chartered Marks World Sight Day</span></strong></div>
<div>
	Standard Chartered Bank Nepal organised a talk program on &lsquo;Eye Banking and Eye Donation&rsquo; at its Head Office in Naya Baneshwore on October 10 to mark the World Sight Day 2013. The Bank also organised a dry eye check up camp at its premises in Biratnagar Branch. &nbsp;According to the press release of the Bank, it had extended a financial assistance of $1 million for the construction of Biratnagar Eye Hospital in Biratnagar with a view to reinforce the &lsquo;Seeing is Believing&rsquo; agenda in Nepal.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Citizen&rsquo;s 15pc Dividend Approved</strong></span></div>
<div>
	Citizen Bank International Ltd has approved the proposal to distribute 15 per cent dividend. The Seventh Annual General Meeting (AGM) of the Bank held on October 8 made the decision to this effect. The Bank has made the net profit worth Rs 413.2 million in the Fiscal Year 2011-12. Likewise, the Bank has collected the total deposit worth Rs 22.74 billion rupees and extended the loan amount Rs 17.95 billion in the review period. Bank&rsquo;s Chairman Pradeep Jung Pandey has presented the financial report in the AGM. According to Pandey, the Bank has planned to open its branch offices in Jumla, Jajarkot and Siddharthanagar within 3 months.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Everest Establishes Information Board at Pashupati</strong></span></div>
<div>
	Digital Information Board has been established in the western gate of the Pashupatinath Temple with the support of Everest Bank Ltd. The Board aims to inform the devotees at the Temple about the prayer schedule, special programs to be held and donations received by the Pashupati Area Development Trust (PADT). According to the joint press release issued by the Everest Bank and PADT, the institutions have pledged to conduct other development works in the collaboration in the near future.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>NMB Announces 15pc Dividend</strong></span></div>
<div>
	NMB Bank has announced 15 per cent dividend to its share holders. The meeting of the Board of Directors (BOD) held at the first week of the October made such decision. The dividend distribution will come into effect after getting the approval from the Nepal Rastra Bank and the upcoming Annuan General Meeting of the company, states the press release of the NMB.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Kumari&rsquo;s Banking Literacy Campaign</strong></span></div>
<div>
	Kumari Bak Ltd has organised a banking literacy programme. The programme was organised on the first week of October at Balaju Engineering College in the coordination of Swati Sadan Campus. The Bank&rsquo;s Relationship Manager Bishwas Raj Aryal has informed the students about the importance of saving and the banking system. Over 200 students have participated in the campaign.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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' => 'NMB Bank has started its new ATM service at the premise of Kathmandu District Court (KDC) in Babarmahal. KDC Judge Achyut Bista inaugurated the newly established counter on October 10. This counter is expected to help on banking services for the beneficiaries of the court. With this counter, the total number of the ATM counters of NMB has reached 27. Likewise, The Bank has 26 branches and one extension counter across the country.',
			'sortorder' => '1840',
			'image' => null,
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	(int) 8 => array(
		'Article' => array(
			'id' => '1989',
			'article_category_id' => '109',
			'title' => 'Stringent Measures To Open Branches',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Rastra Bank has tightened the provision to expand the branch offices of the banking and financial institutions (BFIs).&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Bhaskar Mani Gnawali, spokesperson of the NRB, informed that the new measures to open branches of the BFIs have been brought in a bid to curb the flow of banks in the urban areas and increase the quality of their banking services.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the new provision, a bank or financial institution must establish three branches outside the Kathmandu valley to open a branch inside Kathmandu valley. Earlier, a bank or financial institution was allowed to open a branch inside Kathmandu by establishing two outside the valley.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	A bank can apply for opening a branch inside Kathmandu valley after establishing at least one branch among 14 districts designated by the NRB, where there is low presence of the BFIs, one outside any district headquarter or &nbsp;municipality and one as per the bank&rsquo;s own interest outside the Kathmandu valley.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The new provision requires a Bank and Financial institution to provide details of branches established outside the Kathmandu valley to apply for opening branch offices. Likewise, the NRB will accord a priority to open branches outside the Ringroad or in the VDCs inside Kathmandu valley.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	NRB has also decreased the number of districts to 14 from 17, listed as districts where there is a low presence of BFIs. These districts are Bhojpur, Okhaldhunga, Manang, Rukum, Salyan, Jumla, Mugu, Humla, Kalikot, Dolpa, Jajarkot, Bajhang, Bajura and Darchula.</div>
<div>
	&nbsp;</div>
<div>
	Meanwhile, the NRB has also made the &lsquo;Kha&rsquo; and &lsquo;Ga&rsquo; class license financial institutions mandatory to extend lending on the productive sectors. Agriculture, energy, tourism and small and cottage industries are identified as the productive sectors by the NRB. Earlier, it was mandatory for the commercial banks only. According to the new directives of the NRB, &lsquo;Kha&rsquo; and &lsquo;Ga&rsquo; class BFIs should prepare a work-plan to extend the loans within three years towards agriculture, tourism, energy and cottage industries. &nbsp;&lsquo;Kha&rsquo; class BFIs should extend a loan of 10 per cent of the total loan, while &lsquo;Ga&rsquo; class BFIs is required to extend 10 per cent.&nbsp;</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Rastra Bank has tightened the provision to expand the branch offices of the banking and financial institutions (BFIs). 

Bhaskar Mani Gnawali, spokesperson of the NRB, informed that the new measures to open branches of the BFIs have been brought in a bid to curb the flow of banks in the urban areas and increase the quality of their banking services.',
			'sortorder' => '1839',
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	(int) 9 => array(
		'Article' => array(
			'id' => '1988',
			'article_category_id' => '109',
			'title' => 'Everest’s 60pc Dividend Approved',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	The proposal to distribute 60 per cent dividend to the shareholders has been endorsed by the 19th Annual General Assembly (AGM) of the Everest Bank. The AGM of the Everest Bank held on October 9 made the decision to distribute 50 per cent cash dividend and 10 per cent bonus share to its share holders, according to the press release of the Bank. The shareholders congratulated the Board and the Management for declaring the highest cash dividend/bonus shares so far in the country for the financial year, adds the press release.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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 proposal to distribute 60 per cent dividend to the shareholders has been endorsed by the 19th Annual General Assembly (AGM) of the Everest Bank.',
			'sortorder' => '1838',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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			'in_scroller' => false,
			'user_id' => '0'
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	(int) 10 => array(
		'Article' => array(
			'id' => '1984',
			'article_category_id' => '146',
			'title' => 'Visual Edit Vol 3 Issue 35',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Visual Edit',
			'sortorder' => '1837',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
			'user_id' => '0'
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	),
	(int) 11 => array(
		'Article' => array(
			'id' => '1985',
			'article_category_id' => '151',
			'title' => 'Chitwan’s B-school',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Bhawani Timilsina</strong></div>
<div>
	&nbsp;</div>
<div>
	Presidency College of Management Sciences (PCMS), affiliated with Purbanchal University (PU) and Higher Secondary Education of Nepal, is a business school located in Bharatpur, Chitwan. The college, operated by highly qualified and skilled human resources, offers coeducation facilities in management (ten plus two), BBA (Bachelor of Business Administration) and MBA (Masters in Business Administration). The vision of PCMA is to complement applied business studies with practice and make students globally competent. It also has the vision to promote self confidence, self dependence, moral behaviour and a focus on student-teacher and parent relations.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;We have the latest university curriculum and teaching methodologies, coupled with Nepali values and ethics that distinguish us from others,&rdquo; says Prakash Dhoj Adhikari, Chairman of the college. The college has also won the best college outside the valley award from New Business Age Pvt. Ltd. &ldquo;Presidency College of Management and Science has been dedicated towards quality education for 15 years and we feel great today great to be appreciated,&rdquo; Adhikari says.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Presidency College of Management Sciences" src="/userfiles/images/bscw.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 250px; height: 298px;" />In the beginning, it was very difficult for organizations to take any initiative for business education. Lack of infrastructure, adequate managerial institutions and quality education forced Nepali students to travel to other cities. PCMS has been trying to fill the vacuum by being a competent substitute. &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The college provides students with opportunity to visit various industries to broaden classroom understanding. &ldquo;We have built an extensive relationship with major corporate houses in the country,&rdquo; says Adhikari.</div>
<div>
	&nbsp;</div>
<div>
	The college also organizes various workshops on public speaking, business and professional writing skills, career planning, entrepreneurial skills development and training on financial and banking services.</div>
<div>
	&nbsp;</div>
<div>
	Considering the academic history and capacity of the students, PCMS also provides scholarships to deserving students.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The college conducts research and consulting activities that help enrich the learning experience of students. &nbsp;Some of the projects that have been executed include a small business research on &lsquo;Consumer Behaviour Analysis and Retail Outlet&rsquo;, &lsquo;Analysis of CUG and its products&rsquo;, Event Management of HCL (Hindustan Computer Limited) Branded, and Event Management of&nbsp;</div>
<div>
	&lsquo;Yamaha Mini-Mela&rsquo;. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The PCMS has organized seminars on account keeping, leadership development and training on stock market and banking system and procedure.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;We have excellent records of students engaged in different business activities in finance and banking industries, among others,&rdquo; says Adhikari. The college has recently opened an effective placement service cell that works as a meeting platform for students and has developed an excellent relationship with the corporate community. &nbsp;The cell also frequently organizes different programmes in collaboration with reputed organizations.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="PRESIDENCY COLLEGE OF MANAGEMENT SCIENCES" src="/userfiles/images/b-b.jpg" style="width: 550px; height: 185px; margin-left: 20px; margin-right: 20px;" /></div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-28',
			'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' => 'Presidency College of Management Sciences (PCMS), affiliated with Purbanchal University (PU) and Higher Secondary Education of Nepal, is a business school located in Bharatpur, Chitwan. The college, operated by highly qualified and skilled human resources, offers coeducation facilities in management (ten plus two), BBA (Bachelor of Business Administration) and MBA (Masters in Business Administration).',
			'sortorder' => '1836',
			'image' => null,
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	(int) 12 => array(
		'Article' => array(
			'id' => '1975',
			'article_category_id' => '160',
			'title' => 'Corptoon Vol 3 Issue 35',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Corptoon',
			'sortorder' => '1835',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '1982',
			'article_category_id' => '144',
			'title' => 'Do Not Make The Country A Testing Ground',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	Political parties are still reluctant and inefficient to give a clear model for state restructuring though the election for the second Constituent Assembly (CA) is slated to be held next month. It is for sure that their dillydally in figuring out the clear model of state restructuring will cost the country dearly.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	As the fever of the second Constituent Assembly (CA) election has gone up, political parties are busy drafting and finalizing their election manifestos. Political parties, however, seem to be dubious in identifying what the new structure of the Nepali state should be.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The common fear existing in the country is that political parties may push the country into further uncertainty in the name of adopting &lsquo;our own model&rsquo; of federalism and democracy. There are lots of controversies among political parties, and within a single political party too, related to state restructuring. Political parties, which are supposed to raise class issue, have been raising ethnic agenda for the sake of their own benefit. On the other hand, the so-called democratic forces have been visionless and indecisive on various crucial issues including appropriate model to run the country.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	It is well-known fact that the first Constituent Assembly got dissolved without delivering a statute four years after the election. And it was because of lack of clarity among political parties whose last-hour consultations ended without an agreement on model of federalism.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	While ethnic-based federal units were seen by some as the only way to address the identity of marginalised communities, there were also fears that given Nepal&rsquo;s complex ethnic, racial, linguistic and caste mosaic this would lead to fragmentation and conflict.</div>
<div>
	&nbsp;</div>
<div>
	There are differences among political forces in many crucial issues including federalism, number of province, model of the government, i.e., presidential vs parliamentarian.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Political parties should not try to make the country a testing ground. It would be better to adopt any of established models of democracy instead of creating catchy phrases and ambiguous words in the name of &lsquo;originality&rsquo;.</div>
<div>
	&nbsp;</div>
<div>
	Political system may vary country to country. For instance, there are various political systems in various countries including US Presidential system, UK &ndash; Westminster parliamentary, German semi-parliamentary and French hybrid.</div>
<div>
	&nbsp;</div>
<div>
	But political parties in Nepal have been trying to mix up various practices from different political system. Mixing British Westminster parliamentary system with US presidential system or French model of political system may create confusion when it comes time to implement the model in practice.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	So, political parties should dare to speak out openly that adopting already tested political system will be more suitable in the country rather than opting for new test. The differences should be harnessed because all political parties, in principle, want prosperity and development of the country. &nbsp;All we need is sincere effort and genuine commitment from political parties. The bottom-line should be democracy and liberal economy; rest of the issues can be discussed and amended in the process of practicing democracy.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-10-21',
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			'description' => 'Political parties are still reluctant and inefficient to give a clear model for state restructuring though the election for the second Constituent Assembly (CA) is slated to be held next month. It is for sure that their dillydally in figuring out the clear model of state restructuring will cost the country dearly.',
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			'id' => '1983',
			'article_category_id' => '86',
			'title' => 'Open Secret',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	A Joint Economic Commission Meeting of Nepal India held last time put many new issues on the table including the additional lock system that the Indian Customs had started enforcing on Nepal bound containers ferrying third country imports. The commerce secretary of Nepal was not very happy with the decision but could not say it openly in the meeting.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	After the meeting was over a press conference was organized during which a &nbsp;journalist asked a peculiar question. &ldquo;What is the common among the Nepal India border, additional lock system and the Nepali Post office?&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Thinking for a while, the commerce secretary of Nepal replies in one gasp: &ldquo;It&rsquo;s an open secret. None of them can be closed&rdquo;. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; <strong>&nbsp; &nbsp;-ML</strong></div>
<div>
	&nbsp;</div>',
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			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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 Joint Economic Commission Meeting of Nepal India held last time put many new issues on the table including the additional lock system that the Indian Customs had started enforcing on Nepal bound containers ferrying third country imports. The commerce secretary of Nepal was not very happy with the decision but could not say it openly in the meeting.',
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			'id' => '1995',
			'article_category_id' => '99',
			'title' => 'Tara Air Adds New Dornier',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Tara Air has added a Dornier Do228-212 aircraft to its fleet. According to the Airline, the new aircraft will aid in expanding its services to rural areas of Nepal and will also support the trekking industry. &nbsp;With the new addition, Tara Air now operates a fleet of four Canadian built DHC6-300 Twin Otters and three German built Dornier Do228-212 aircrafts.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;The aircraft has been specifically purchased to support the country&rsquo;s trekking industry and to provide transportation and food supply to rural areas of Nepal where we have been the only airline flying on a regular basis,&rdquo; said Roshan Regmi, Marketing Manager of Tara Air.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The 18-seater Dornier Do228-212 is a Short Take Off and Landing (STOL) capable aircraft, ideal for operating in short, high altitude runways such as Lukla and Jomsom. &nbsp;This Honeywell TPE 331-10 twin engine powered aircraft is equipped with the latest Enhanced Ground Proximity Warning System (EGPWS) and the advanced Traffic Collision Awareness System II (TCAS II) and meets all the airworthiness standards of the Civil Aviation Authority of Nepal.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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' => 'Tara Air has added a Dornier Do228-212 aircraft to its fleet. According to the Airline, the new aircraft will aid in expanding its services to rural areas of Nepal and will also support the trekking industry.  With the new addition, Tara Air now operates a fleet of four Canadian built DHC6-300 Twin Otters and three German built Dornier Do228-212 aircrafts',
			'sortorder' => '1847',
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		'Article' => array(
			'id' => '1997',
			'article_category_id' => '100',
			'title' => 'Tourism Briefs (21 -27 October 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong style="font-size: 14px;">India Gets Re-elected in ICAO Council</strong></div>
<div>
	India has been re-elected in the new Council of International Civil Aviation Organization (ICAO), as one of the states making the largest contribution to the provision of facilities for international civil air navigation. The 38th session of the Assembly of ICAO completed the election of the Council in Montreal on 1 October. The 36- member Council is the governing body of the Organization and is elected for a three-year term. (Traveldailymedia.com)&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>UN calls for single Silk Road visa</strong></span></div>
<div>
	The UN has called for a single tourist visa for countries in Central Asia, to boost tourism development along the ancient Silk Road. At the UNESCO and UNWTO-led &lsquo;Silk Roads Heritage Corridors Tourism Strategy Workshop&rsquo;, which was held in Kazakhstan earlier this month, representatives from the UN&rsquo;s tourism and heritage bodies said China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan &ldquo;must work towards a single Silk Road visa&rdquo; if the potential for tourism growth along the Silk Road Heritage Corridors is to be fully realised. Complicated visa systems, inefficient application processes and high fees hinder the development of the Silk Road as a tourism destination, they added. To boost tourism and conservation in the region, two World Heritage nominations for the Silk Roads Heritage Corridors in Central Asia and China have been submitted to UNESCO. (Traveldailymedia.com)</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>International Tourism on the Rise</strong></span></div>
<div>
	Demand for international tourism remained strong throughout the first eight months of 2013, according to the latest UNWTO World Tourism Barometer. Between January and August, the number of international tourists worldwide grew by 5 per cent, driven by strong results in Europe, Asia and the Pacific and the Middle East. UNWTO&rsquo;s Panel of Experts confirms this positive trend. Its evaluation of the May-August period shows a significant improvement in confidence, while prospects for the last four months of 2013 remain upbeat. In the first eight months of the year, international tourist arrivals grew by 5 per cent to reach a record 747 million worldwide, some 38 million more than in the same period of 2012. Europe (+5 per cent) benefited the most from the growth of tourism in the first eight months of 2013, with an estimated 20 million more arrivals in the region. &nbsp; (Traveldailynews.com)</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>TripAdvisor Launches Groundbreaking New Service TripConnect&nbsp;</strong></span></div>
<div>
	TripAdvisor has launched its innovative TripConnect service. The self-service platform, a first for the hospitality sector, allows TripAdvisor Business Listings subscribers to participate in Hotel Price Comparison and to drive direct bookings from TripAdvisor to their own property&rsquo;s website. Each month, over 260 million unique users visit TripAdvisor to plan travel. TripConnect will enable independent accommodation owners to bid for this traffic, an option previously only available to online travel agents and large hotel chains. These independent hotels and B&amp;Bs will be able to add their own room rates and availability, allowing travellers to click directly through to the property&rsquo;s own website to make a booking. (Traveldailynews.com)</div>',
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			'description' => 'India has been re-elected in the new Council of International Civil Aviation Organization (ICAO), as one of the states making the largest contribution to the provision of facilities for international civil air navigation. The 38th session of the Assembly of ICAO completed the election of the Council in Montreal on 1 October. The 36- member Council is the governing body of the Organization and is elected for a three-year term',
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		'Article' => array(
			'id' => '1986',
			'article_category_id' => '156',
			'title' => 'It’s Not A Failure To Fail',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Alan Iny</strong></div>
<div>
	&nbsp;</div>
<div>
	Philip Terzian, a prominent Washington journalist, wrote a column earlier this year that every professional should read. The column details Terzian&rsquo;s schoolboy struggles with what he calls &ldquo;the scourge of mathematics.&rdquo; So bad was his math ineptitude that the prep school he was attending declared him &ldquo;not college material&rdquo; and sent him packing. He moved on, graduated from Villanova University, and has had a long and successful career, including stints at the Los Angeles Times, the Providence Journal and the Weekly Standard.</div>
<div>
	&nbsp;</div>
<div>
	Failure is dreaded in much of the world, but it shouldn&rsquo;t be. If it&rsquo;s a failing grade due to laziness or lack of effort, it&rsquo;s not something to celebrate. But if you try something new and fail, you&rsquo;ve at least shown a willingness to take risks &ndash; one of the hallmarks of creativity.Virtually everyone fails at something at some time; it&rsquo;s not the end of the world. And it can often be the catalyst that ultimately leads to success. The advice is good in the lead song from the Fred Astaire-Ginger Rogers movie, Swing Time: &ldquo;Pick yourself up, dust yourself off, start all over again.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	It took Thomas Edison hundreds of tries before he successfully came up with a commercially viable incandescent light bulb. Oprah Winfrey, at age 22, was fired from a television reporting job because she wasn&rsquo;t right for TV, in the view of her then employer. The Beatles were let go by their first record label. (Hat tip: Business Insider&rsquo;s 15 People Who Failed Before Becoming Famous)</div>
<div>
	&nbsp;</div>
<div>
	The best thing, in my opinion, is to proactively fail. Go big; fall hard. And I&rsquo;m not alone.</div>
<div>
	&nbsp;</div>
<div>
	Grey advertising celebrates &ldquo;failures of daring and audacity&rdquo; with a quarterly Heroic Failures award. &ldquo;Better to attempt something astonishing and go down in flames than to gingerly hold back,&rdquo; the company says. In business, challenging who we are, what we do, and how we do it should be an ongoing and permanent process. When you stand still, you fall behind.</div>
<div>
	&nbsp;</div>
<div>
	Consider TV news. The old news format, which prevailed for more than three decades, presented &ldquo;news&rdquo; in regularly scheduled, usually 30-minute, packages. Ted Turner believed this concept was outdated. So, in 1980 his Turner Broadcasting System launched Cable News Network (CNN), offering news reports all day long, in real time.</div>
<div>
	&nbsp;</div>
<div>
	This &lsquo;new box&rsquo; for news, which seems obvious today, was by no means guaranteed to succeed. &nbsp;CNN lost money in its first years and was ridiculed for attempting to change people&rsquo;s perceptions about the news so dramatically. &nbsp;Over time, however, it came to be known for live coverage of events around the world, and regularly scooped other news outlets.</div>
<div>
	&nbsp;</div>
<div>
	Still, no good idea is good forever, and by the end of the 1990s CNN was struggling to regain a leading share of an industry that more subjective &lsquo;talk radio&rsquo; types of television had come to dominate.</div>
<div>
	&nbsp;</div>
<div>
	Breakthrough creativity requires recognizing and challenging your mental autopilot: the firmly held assumptions and beliefs that box you in, define who you are, and limit what you do. And this applies, even when your business &ndash; career, job, company &ndash; is doing well. Don&rsquo;t wait for a crisis to challenge the old and seek out the new.</div>
<div>
	&nbsp;</div>
<div>
	So the next time things are going swimmingly, remember this: Even when we&rsquo;re doing well, we need to be creative, put our imagination to work, and try to do something new and better. That is worthwhile regardless of where it leads.</div>
<div>
	&nbsp;</div>
<div>
	(<em>Alan Iny is senior global specialist in business creativity at The Boston Consulting Group (BCG) and co-author, with BCG senior adviser Luc de Brabandere, of the newly-published Thinking in New Boxes: A New Paradigm for Business Creativity.)</em></div>
<div>
	<em>(http://blogs.wsj.com/atwork)</em></div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-11-11',
			'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' => 'Philip Terzian, a prominent Washington journalist, wrote a column earlier this year that every professional should read. The column details Terzian’s schoolboy struggles with what he calls “the scourge of mathematics.” So bad was his math ineptitude that the prep school he was attending declared him “not college material” and sent him packing. He moved on, graduated from Villanova University, and has had a long and successful career, including stints at the Los Angeles Times, the Providence Journal and the Weekly Standard.',
			'sortorder' => '1845',
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	(int) 3 => array(
		'Article' => array(
			'id' => '1979',
			'article_category_id' => '140',
			'title' => 'Political Parties Campaigning Sans Poll Manifesto',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>--By Sagar Ghimire</strong></div>
<div>
	&nbsp;</div>
<div>
	With the Constituent Assembly (CA) poll just a month away, most of the political parties have intensified poll campaigning for the polls without their election manifestos. <span class="Apple-tab-span" style="white-space: pre;"> </span></div>
<div>
	&nbsp;</div>
<div>
	So far, UCPN (Maoist), Rajendra Mahato-led Sadbhavana Party (SP), Kamal Thapa-led Rastriya Prajatantra Party- Nepal (RPP-Nepal), and a few other fringe parties, only have unveiled their election manifesto. RPP-Nepal was the first political party to come up publicly with its election manifesto on October 8 while the major parties like &nbsp;Nepali Congress (NC) and CPN-UML are yet to make their manifesto public until this scribe went to press on Sunday.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Though the manifesto has already been endorsed by the CPN (UML) Standing Committee meeting on October 15, it has not been made public yet.</div>
<div>
	&nbsp;</div>
<div>
	The manifesto drafting committee (MDC) of the NC has already finalised the draft, the MDC has circulated the draft to the leaders of the party for a final call. According to NC sources, the party will make its manifesto public only after a couple of days.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>&ldquo;Directly elected prez, PM from parliament&rdquo;</strong></span></div>
<div>
	The UCPN (Maoist) has proposed a directly elected presidential system and Prime Minister elected from the parliament to run the daily administration as the form of governance and 11-province model for the state restructuring. 11 autonomous provinces have been proposed based on ethnicity, language, identity, economic interrelations, infrastructure development, availability of natural resources and administrative accessibility. The 11 provinces include Seti-Mahakali, Bheri-Karnali, Magarat, Tamuwan, Tamsaling, Newa, Kirant, Limbuwan, Tharuwan, Madhesh and Kochila. Likewise, in its manifesto, the party has claimed to uplift the country&rsquo;s economic status to high level as well as ending poverty within 15 years. Unveiling its manifesto in capital last Saturday, UCPN (Maoist) chairperson Pushpa Kamal Dahal has pledged to implement the manifesto in a &lsquo;true sense&rsquo;.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>SP bats two provinces in Madhes</strong></span></div>
<div>
	Amid demands of &lsquo;one Madhes, one province&rsquo; by the Madhes-based parties, SP has proposed two provinces in Madhes. SP has proposed that the whole Madhes be divided into two provinces&mdash; East and West of Narayani. Chairman of the SP, Rajendra Mahato, made the manifesto public organizing a press conference in the capital last Friday and said his party was for 10 states as proposed by State Restructuring Committee of the erstwhile CA. The party also proposed constitutional presidential system elected from both the houses of bicameral legislation and Prime Minister as the executive chief.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>RPP-Nepal for reinstatement of monarchy&nbsp;</strong></span></div>
<div>
	RPP-Nepal has reiterated its stand of reinstatement of constitutional monarchy, directly elected prime minister and liberal economic system. The party has also proposed its Chairman Kamal Thapa as its prime ministerial candidate for the elections. In its election manifesto made public on October 15, it has claimed that the roadmap of a republican set-up with federalism has become a complete failure. The party has proposed mixed election system.</div>
<div>
	&nbsp;</div>
<div>
	The RPP-N manifesto has proposed directly elected prime minister as executive head and calls for not making the same person the prime minister twice. The party has expressed its commitment that it will never organise general strikes.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>EU poll observers at field</strong></span></div>
<div>
	Meanwhile, 34-member European Union Election Observation Mission (EU EOM) led by Chief Observer Eva Joly, a member of the European Parliament, have been deployed across the country as long term observers.</div>
<div>
	&nbsp;</div>
<div>
	The observers arrived in the country on October 13 to observe the Constituent Assembly election scheduled for November 19.The EU office here briefed the observers about the process and methods of election observations for three days before assigning them on duty.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to Chief Observer Joly, shortly before the election, a group of 40 short-term observers together with a delegation of members of the European Parliament and locally-recruited short term observers from EU member state embassies will be joining the mission in order to observe voting, counting and tabulation of results.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The EU election observers are bound by a strict code of conduct that ensures their neutrality and impartibility. They do not interfere in the electoral process and have no authority to change or correct any shortcomings or to request changes during the election process.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-29',
			'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 the Constituent Assembly (CA) poll just a month away, most of the political parties have intensified poll campaigning for the polls without their election manifestos.  

So far, UCPN (Maoist), Rajendra Mahato-led Sadbhavana Party (SP), Kamal Thapa-led Rastriya Prajatantra Party- Nepal (RPP-Nepal), and a few other fringe parties, only have unveiled their election manifesto. RPP-Nepal was the first political party to come up publicly with its election manifesto on October 8 while the major parties like  Nepali Congress (NC) and CPN-UML are yet to make their manifesto public until this scribe went to press on Sunday.',
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	(int) 4 => array(
		'Article' => array(
			'id' => '1987',
			'article_category_id' => '109',
			'title' => 'Nepse Records Four-year High',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange index reached a four-year high crossing 570 points last Thursday. The Nepse benchmark surged to the four-year high on the first day after the floor opened remaining closed for a week due to the Dashain vacation. Nepse increased 4.81 points on the first (as well as the last day of the week) closing at 571.8. Earlier on November 11, 2009, the Nepse index had reached to this level.</div>
<div>
	&nbsp;</div>
<div>
	88,363 shares of 62 companies worth Rs 40.17 million in 590 transactions were traded last week. The market capitalisation of the stock market increased to Rs 575.4 billion.</div>
<div>
	&nbsp;</div>
<div>
	Stock analysts say that relatively stable politics with the optimism of CA polls and attractive dividend expectation from the listed companies are the reasons that have kept the investors upbeat for past few weeks. According to analysts, investors are scrambling to invest into the secondary market in recent days with the anticipation of better returns in the coming days.</div>
<div>
	&nbsp;</div>
<div>
	Among the sub-indices, Hydropower, Insurance, Commercial Banks, Finance, Other sectors observed incline, while Development Banks witnessed a decline. The index of the Manufacturing sector remained stable during the week. Hydropower was the biggest gainer of the week with a rise of share prices of Chilime Hydropower, Butwal Power Company and Arun Valley Hydropower Company by Rs 10, 6 and five per unit respectively. Nabil Bank topped the index in terms of transaction amount worth Rs 6.80 million.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nine companies listing suspended&nbsp;</strong></span></div>
<div>
	Meanwhile, NEPSE has suspended the annual listing of nine companies last Sunday after they failed to pay the renewal fee.&nbsp;</div>
<div>
	Everest Insurance Company Limited, National Hydro Power Company Limited, Bottlers Nepal (Terai) Limited , Shree Ram Sugar Mills Limited, &nbsp;Kanchan Development Bank, Multipurpose Finance Company, Himalayan Finance Company and Nepal Film Development Company are the companies to be suspended from&nbsp;</div>
<div>
	the listing.</div>
<div>
	&nbsp;</div>
<div>
	<hr />
	<p>
		<strong style="font-size: 16px;">Nepse on Sunday</strong></p>
</div>
<div>
	Nepse index continued of climbing higher and reached on Sunday to 584.07 points, a highest record of four-year period. &nbsp; Likewise, the rise in the index is also a record in last four months. Nepse index rose by double digit (12.27 points) on the first day for the first time after a three-month of period. Earlier the secondary market had witnessed the double-digit growth of 14.19 points on 21st July, 2013.</div>
<div>
	&nbsp;</div>
<div>
	The share market saw a total of Rs 145,798,355 in turnover through 1,643 transactions of 88 companies on the first day of the market this week.</div>
<div>
	&nbsp;</div>
<div>
	The sub-indices of all sectors registered gain as all settled in the green zone. Hotels topped the list with a gain of 53.42 points, followed by Hydropower (52.3), Development Banks (23.85) and Banking (15.8) respectively.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-28',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange index reached a four-year high crossing 570 points last Thursday. The Nepse benchmark surged to the four-year high on the first day after the floor opened remaining closed for a week due to the Dashain vacation. Nepse increased 4.81 points on the first (as well as the last day of the week) closing at 571.8. Earlier on November 11, 2009, the Nepse index had reached to this level.',
			'sortorder' => '1843',
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	(int) 5 => array(
		'Article' => array(
			'id' => '1993',
			'article_category_id' => '152',
			'title' => 'Focus Briefs (21 - 27 October 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Him Electronics Introduces New Range of Cameras</strong></span></div>
<div>
	<img alt="" src="/userfiles/images/him.jpg" style="float: right; margin: 0px 0px 0px 10px; width: 225px; height: 441px;" />Him Electronics Private Limited, authorized distributor of Samsung Cameras in Nepal, has introduced a range of new cameras &ndash; WB200F, ST150F and ST72 &ndash; that revamp the style of classic professional cameras to incorporate into the digital era.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Introducing first, the Samsung WB200F features a Hybrid Touch User Interface and enhanced WiFi connectivity that has simplified image sharing with friends and family. Moreover, it comes with a 14.2 MP sensor, 18x zoom and 24mm ultra-wide angle lens that delivers powerful optical performance, high quality close-ups, candids and panoramas.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, the Samsung ST150F is the cheapest WiFi camera in the market with 16 MP sensor, 5x zoom, 3 inch screen and a premium design in metal body that delivers high quality images that can be easily and immediately shared with friends and family on Facebook.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Furthermore, the highly stylish, portable Samsung ST72 features a bright f2.5 lens, 5x zoom and 16.2 Megapixels. This unprecedented combination brilliantly captures minute details even in dimly lit rooms, or outdoors on a cloudy night. The large 3.0 (75mm) LCD helps you to perfectly frame a shot or a scene in the 720p HD video.</div>
<div>
	&nbsp;</div>
<div>
	These unique SMART cameras are now officially available in Nepal. The prices of WB200F, ST150F and ST72 are Rs. 24,990, Rs14, 990 and 13,990, respectively.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Canon EOS 6D now available in Nepal</strong></span></div>
<div>
	Primax International has launched the world&acute;s &acute;smallest and lightest&acute; full frame DSLR camera, Canon EOS 6D, in the Nepali market. Dinesh Agarwal, marketing manager of the company, said the new camera has been introduced to cater to the growing demand for DSLR cameras in Nepal. &ldquo;The demand for DSLR cameras is increasing here and we receive queries every time a camera is launched in the international market,&rdquo; said Agarwal.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/canon(2).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 250px; height: 225px;" />EOS 6D is a 20.2 mega pixels full-frame CMOS sensor camera with a wide ISO range of 100-25600 which can be expanded to L:50, H1:51200 and H2:102400. The camera sports a 3-inch clear view TFT LCD monitor with approximately 1.04 million dots. It provides a 160 degree viewing angle and has reflection resistance with multi-coating and high-transparency materials for bright and clear viewing.</div>
<div>
	&nbsp;</div>
<div>
	According to the company, the ISO range of the camera allows users to set camera&acute;s sensitivity to light, helping them capture incredible image quality even in low light. Likewise, a DIGIC 5+ image processor in the camera delivers enhanced noise reduction and exceptional processing speed.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;The camera is best for capturing fast moving objects as it allows continuous shooting of up to 4.5 frames per second. It also captures full HD video with manual exposure control and multiple frame rates,&rdquo; Primax International said in a statement. &ldquo;With custom shooting modes, custom controls, and other features, the camera provides flexible customization to users depending upon their shooting need.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	The camera is available at Canon Link at Civil Mall and City Center. The company has priced the camera at Rs 221,000 for body only and Rs 297,000 for body and 24-105mm lens.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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' => 'Him Electronics Private Limited, authorized distributor of Samsung Cameras in Nepal, has introduced a range of new cameras – WB200F, ST150F and ST72 – that revamp the style of classic professional cameras to incorporate into the digital era',
			'sortorder' => '1842',
			'image' => null,
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	(int) 6 => array(
		'Article' => array(
			'id' => '1991',
			'article_category_id' => '113',
			'title' => 'US Dollar Exchange Rate At Local Market (14 - 20 October 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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' => '1841',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '1990',
			'article_category_id' => '108',
			'title' => 'Money Matters News In Brief (21 -27 October 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>NMB&rsquo;s ATM at Babarmahal</strong></span></div>
<div>
	NMB Bank has started its new ATM service at the premise of Kathmandu District Court (KDC) in Babarmahal. KDC Judge Achyut Bista inaugurated the newly established counter on October 10. This counter is expected to help on banking services for the beneficiaries of the court. With this counter, the total number of the ATM counters of NMB has reached 27. Likewise, The Bank has 26 branches and one extension counter across the country.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">Standard Chartered Marks World Sight Day</span></strong></div>
<div>
	Standard Chartered Bank Nepal organised a talk program on &lsquo;Eye Banking and Eye Donation&rsquo; at its Head Office in Naya Baneshwore on October 10 to mark the World Sight Day 2013. The Bank also organised a dry eye check up camp at its premises in Biratnagar Branch. &nbsp;According to the press release of the Bank, it had extended a financial assistance of $1 million for the construction of Biratnagar Eye Hospital in Biratnagar with a view to reinforce the &lsquo;Seeing is Believing&rsquo; agenda in Nepal.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Citizen&rsquo;s 15pc Dividend Approved</strong></span></div>
<div>
	Citizen Bank International Ltd has approved the proposal to distribute 15 per cent dividend. The Seventh Annual General Meeting (AGM) of the Bank held on October 8 made the decision to this effect. The Bank has made the net profit worth Rs 413.2 million in the Fiscal Year 2011-12. Likewise, the Bank has collected the total deposit worth Rs 22.74 billion rupees and extended the loan amount Rs 17.95 billion in the review period. Bank&rsquo;s Chairman Pradeep Jung Pandey has presented the financial report in the AGM. According to Pandey, the Bank has planned to open its branch offices in Jumla, Jajarkot and Siddharthanagar within 3 months.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Everest Establishes Information Board at Pashupati</strong></span></div>
<div>
	Digital Information Board has been established in the western gate of the Pashupatinath Temple with the support of Everest Bank Ltd. The Board aims to inform the devotees at the Temple about the prayer schedule, special programs to be held and donations received by the Pashupati Area Development Trust (PADT). According to the joint press release issued by the Everest Bank and PADT, the institutions have pledged to conduct other development works in the collaboration in the near future.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>NMB Announces 15pc Dividend</strong></span></div>
<div>
	NMB Bank has announced 15 per cent dividend to its share holders. The meeting of the Board of Directors (BOD) held at the first week of the October made such decision. The dividend distribution will come into effect after getting the approval from the Nepal Rastra Bank and the upcoming Annuan General Meeting of the company, states the press release of the NMB.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Kumari&rsquo;s Banking Literacy Campaign</strong></span></div>
<div>
	Kumari Bak Ltd has organised a banking literacy programme. The programme was organised on the first week of October at Balaju Engineering College in the coordination of Swati Sadan Campus. The Bank&rsquo;s Relationship Manager Bishwas Raj Aryal has informed the students about the importance of saving and the banking system. Over 200 students have participated in the campaign.</div>',
			'published' => true,
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			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'NMB Bank has started its new ATM service at the premise of Kathmandu District Court (KDC) in Babarmahal. KDC Judge Achyut Bista inaugurated the newly established counter on October 10. This counter is expected to help on banking services for the beneficiaries of the court. With this counter, the total number of the ATM counters of NMB has reached 27. Likewise, The Bank has 26 branches and one extension counter across the country.',
			'sortorder' => '1840',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	(int) 8 => array(
		'Article' => array(
			'id' => '1989',
			'article_category_id' => '109',
			'title' => 'Stringent Measures To Open Branches',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Rastra Bank has tightened the provision to expand the branch offices of the banking and financial institutions (BFIs).&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Bhaskar Mani Gnawali, spokesperson of the NRB, informed that the new measures to open branches of the BFIs have been brought in a bid to curb the flow of banks in the urban areas and increase the quality of their banking services.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the new provision, a bank or financial institution must establish three branches outside the Kathmandu valley to open a branch inside Kathmandu valley. Earlier, a bank or financial institution was allowed to open a branch inside Kathmandu by establishing two outside the valley.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	A bank can apply for opening a branch inside Kathmandu valley after establishing at least one branch among 14 districts designated by the NRB, where there is low presence of the BFIs, one outside any district headquarter or &nbsp;municipality and one as per the bank&rsquo;s own interest outside the Kathmandu valley.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The new provision requires a Bank and Financial institution to provide details of branches established outside the Kathmandu valley to apply for opening branch offices. Likewise, the NRB will accord a priority to open branches outside the Ringroad or in the VDCs inside Kathmandu valley.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	NRB has also decreased the number of districts to 14 from 17, listed as districts where there is a low presence of BFIs. These districts are Bhojpur, Okhaldhunga, Manang, Rukum, Salyan, Jumla, Mugu, Humla, Kalikot, Dolpa, Jajarkot, Bajhang, Bajura and Darchula.</div>
<div>
	&nbsp;</div>
<div>
	Meanwhile, the NRB has also made the &lsquo;Kha&rsquo; and &lsquo;Ga&rsquo; class license financial institutions mandatory to extend lending on the productive sectors. Agriculture, energy, tourism and small and cottage industries are identified as the productive sectors by the NRB. Earlier, it was mandatory for the commercial banks only. According to the new directives of the NRB, &lsquo;Kha&rsquo; and &lsquo;Ga&rsquo; class BFIs should prepare a work-plan to extend the loans within three years towards agriculture, tourism, energy and cottage industries. &nbsp;&lsquo;Kha&rsquo; class BFIs should extend a loan of 10 per cent of the total loan, while &lsquo;Ga&rsquo; class BFIs is required to extend 10 per cent.&nbsp;</div>',
			'published' => true,
			'created' => '2013-10-21',
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			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Rastra Bank has tightened the provision to expand the branch offices of the banking and financial institutions (BFIs). 

Bhaskar Mani Gnawali, spokesperson of the NRB, informed that the new measures to open branches of the BFIs have been brought in a bid to curb the flow of banks in the urban areas and increase the quality of their banking services.',
			'sortorder' => '1839',
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	(int) 9 => array(
		'Article' => array(
			'id' => '1988',
			'article_category_id' => '109',
			'title' => 'Everest’s 60pc Dividend Approved',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	The proposal to distribute 60 per cent dividend to the shareholders has been endorsed by the 19th Annual General Assembly (AGM) of the Everest Bank. The AGM of the Everest Bank held on October 9 made the decision to distribute 50 per cent cash dividend and 10 per cent bonus share to its share holders, according to the press release of the Bank. The shareholders congratulated the Board and the Management for declaring the highest cash dividend/bonus shares so far in the country for the financial year, adds the press release.</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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 proposal to distribute 60 per cent dividend to the shareholders has been endorsed by the 19th Annual General Assembly (AGM) of the Everest Bank.',
			'sortorder' => '1838',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
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	(int) 10 => array(
		'Article' => array(
			'id' => '1984',
			'article_category_id' => '146',
			'title' => 'Visual Edit Vol 3 Issue 35',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Visual Edit',
			'sortorder' => '1837',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
			'user_id' => '0'
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	),
	(int) 11 => array(
		'Article' => array(
			'id' => '1985',
			'article_category_id' => '151',
			'title' => 'Chitwan’s B-school',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Bhawani Timilsina</strong></div>
<div>
	&nbsp;</div>
<div>
	Presidency College of Management Sciences (PCMS), affiliated with Purbanchal University (PU) and Higher Secondary Education of Nepal, is a business school located in Bharatpur, Chitwan. The college, operated by highly qualified and skilled human resources, offers coeducation facilities in management (ten plus two), BBA (Bachelor of Business Administration) and MBA (Masters in Business Administration). The vision of PCMA is to complement applied business studies with practice and make students globally competent. It also has the vision to promote self confidence, self dependence, moral behaviour and a focus on student-teacher and parent relations.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;We have the latest university curriculum and teaching methodologies, coupled with Nepali values and ethics that distinguish us from others,&rdquo; says Prakash Dhoj Adhikari, Chairman of the college. The college has also won the best college outside the valley award from New Business Age Pvt. Ltd. &ldquo;Presidency College of Management and Science has been dedicated towards quality education for 15 years and we feel great today great to be appreciated,&rdquo; Adhikari says.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Presidency College of Management Sciences" src="/userfiles/images/bscw.jpg" style="float: right; margin: 0px 0px 0px 10px;width: 250px; height: 298px;" />In the beginning, it was very difficult for organizations to take any initiative for business education. Lack of infrastructure, adequate managerial institutions and quality education forced Nepali students to travel to other cities. PCMS has been trying to fill the vacuum by being a competent substitute. &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The college provides students with opportunity to visit various industries to broaden classroom understanding. &ldquo;We have built an extensive relationship with major corporate houses in the country,&rdquo; says Adhikari.</div>
<div>
	&nbsp;</div>
<div>
	The college also organizes various workshops on public speaking, business and professional writing skills, career planning, entrepreneurial skills development and training on financial and banking services.</div>
<div>
	&nbsp;</div>
<div>
	Considering the academic history and capacity of the students, PCMS also provides scholarships to deserving students.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The college conducts research and consulting activities that help enrich the learning experience of students. &nbsp;Some of the projects that have been executed include a small business research on &lsquo;Consumer Behaviour Analysis and Retail Outlet&rsquo;, &lsquo;Analysis of CUG and its products&rsquo;, Event Management of HCL (Hindustan Computer Limited) Branded, and Event Management of&nbsp;</div>
<div>
	&lsquo;Yamaha Mini-Mela&rsquo;. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The PCMS has organized seminars on account keeping, leadership development and training on stock market and banking system and procedure.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;We have excellent records of students engaged in different business activities in finance and banking industries, among others,&rdquo; says Adhikari. The college has recently opened an effective placement service cell that works as a meeting platform for students and has developed an excellent relationship with the corporate community. &nbsp;The cell also frequently organizes different programmes in collaboration with reputed organizations.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="PRESIDENCY COLLEGE OF MANAGEMENT SCIENCES" src="/userfiles/images/b-b.jpg" style="width: 550px; height: 185px; margin-left: 20px; margin-right: 20px;" /></div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-28',
			'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' => 'Presidency College of Management Sciences (PCMS), affiliated with Purbanchal University (PU) and Higher Secondary Education of Nepal, is a business school located in Bharatpur, Chitwan. The college, operated by highly qualified and skilled human resources, offers coeducation facilities in management (ten plus two), BBA (Bachelor of Business Administration) and MBA (Masters in Business Administration).',
			'sortorder' => '1836',
			'image' => null,
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	(int) 12 => array(
		'Article' => array(
			'id' => '1975',
			'article_category_id' => '160',
			'title' => 'Corptoon Vol 3 Issue 35',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Corptoon',
			'sortorder' => '1835',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	(int) 13 => array(
		'Article' => array(
			'id' => '1982',
			'article_category_id' => '144',
			'title' => 'Do Not Make The Country A Testing Ground',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	Political parties are still reluctant and inefficient to give a clear model for state restructuring though the election for the second Constituent Assembly (CA) is slated to be held next month. It is for sure that their dillydally in figuring out the clear model of state restructuring will cost the country dearly.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	As the fever of the second Constituent Assembly (CA) election has gone up, political parties are busy drafting and finalizing their election manifestos. Political parties, however, seem to be dubious in identifying what the new structure of the Nepali state should be.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The common fear existing in the country is that political parties may push the country into further uncertainty in the name of adopting &lsquo;our own model&rsquo; of federalism and democracy. There are lots of controversies among political parties, and within a single political party too, related to state restructuring. Political parties, which are supposed to raise class issue, have been raising ethnic agenda for the sake of their own benefit. On the other hand, the so-called democratic forces have been visionless and indecisive on various crucial issues including appropriate model to run the country.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	It is well-known fact that the first Constituent Assembly got dissolved without delivering a statute four years after the election. And it was because of lack of clarity among political parties whose last-hour consultations ended without an agreement on model of federalism.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	While ethnic-based federal units were seen by some as the only way to address the identity of marginalised communities, there were also fears that given Nepal&rsquo;s complex ethnic, racial, linguistic and caste mosaic this would lead to fragmentation and conflict.</div>
<div>
	&nbsp;</div>
<div>
	There are differences among political forces in many crucial issues including federalism, number of province, model of the government, i.e., presidential vs parliamentarian.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Political parties should not try to make the country a testing ground. It would be better to adopt any of established models of democracy instead of creating catchy phrases and ambiguous words in the name of &lsquo;originality&rsquo;.</div>
<div>
	&nbsp;</div>
<div>
	Political system may vary country to country. For instance, there are various political systems in various countries including US Presidential system, UK &ndash; Westminster parliamentary, German semi-parliamentary and French hybrid.</div>
<div>
	&nbsp;</div>
<div>
	But political parties in Nepal have been trying to mix up various practices from different political system. Mixing British Westminster parliamentary system with US presidential system or French model of political system may create confusion when it comes time to implement the model in practice.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	So, political parties should dare to speak out openly that adopting already tested political system will be more suitable in the country rather than opting for new test. The differences should be harnessed because all political parties, in principle, want prosperity and development of the country. &nbsp;All we need is sincere effort and genuine commitment from political parties. The bottom-line should be democracy and liberal economy; rest of the issues can be discussed and amended in the process of practicing democracy.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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' => 'Political parties are still reluctant and inefficient to give a clear model for state restructuring though the election for the second Constituent Assembly (CA) is slated to be held next month. It is for sure that their dillydally in figuring out the clear model of state restructuring will cost the country dearly.',
			'sortorder' => '1834',
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	(int) 14 => array(
		'Article' => array(
			'id' => '1983',
			'article_category_id' => '86',
			'title' => 'Open Secret',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	A Joint Economic Commission Meeting of Nepal India held last time put many new issues on the table including the additional lock system that the Indian Customs had started enforcing on Nepal bound containers ferrying third country imports. The commerce secretary of Nepal was not very happy with the decision but could not say it openly in the meeting.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	After the meeting was over a press conference was organized during which a &nbsp;journalist asked a peculiar question. &ldquo;What is the common among the Nepal India border, additional lock system and the Nepali Post office?&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Thinking for a while, the commerce secretary of Nepal replies in one gasp: &ldquo;It&rsquo;s an open secret. None of them can be closed&rdquo;. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; <strong>&nbsp; &nbsp;-ML</strong></div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-10-21',
			'modified' => '2013-10-21',
			'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 Joint Economic Commission Meeting of Nepal India held last time put many new issues on the table including the additional lock system that the Indian Customs had started enforcing on Nepal bound containers ferrying third country imports. The commerce secretary of Nepal was not very happy with the decision but could not say it openly in the meeting.',
			'sortorder' => '1833',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	)
)
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