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Code Context
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			'id' => '1834',
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			'title' => 'Telia Sonera To Sell Hello Mobile Shares',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	TeliaSonera, a parent company of Ncell, will sell Nepal Satellite Telecom&rsquo;s share, operator of &lsquo;Hello Mobile&rsquo;, to an American company due to regulatory reasons.</div>
<div>
	&nbsp;</div>
<div>
	In 2012, TeliaSonera had bought 57 per cent of shares from Nepal Satellite Telecom. In a press statement issued on September 11, TeliaSonera informed that they are going to sell the shares to an American company Zhodar Investment, which is based in British Virgin Islands. The selling process of the shares will be completed within a month, reads the press release.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;Over the past year, uncertainty regarding regulatory and legal environment for consolidation and granting of licenses in Nepal has increased. Pursuing an acquisition of Nepal Satellite is therefore not possible for regulatory reasons,&rdquo; the statement read.</div>
<div>
	&nbsp;</div>
<div>
	TeliaSonera, with 10 million subscriptions, has incurred a loss of nearly 400 million Swedish kronor, which is approximately Rs 6.19 billion.</div>
<div>
	&nbsp;</div>
<div>
	The company has said that the agreement will enable it to concentrate on Ncell, which reduces the business risk and complexity of its total involvement in Nepal.</div>',
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			'description' => 'TeliaSonera, a parent company of Ncell, will sell Nepal Satellite Telecom’s share, operator of ‘Hello Mobile’, to an American company due to regulatory reasons.',
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			'title' => 'Customs Duty On Gold Hiked By 44pc',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	The government has hiked the import duty of the gold by 44 percent. According to Chief Secretary Leela Mani Poudyal, the meeting of the Council of Ministers held last Friday decided to increase the customs duty of the precious yellow metal to Rs 5,200 per 10-gram. Earlier while unveiling the budget of current fiscal year, the government had hiked the customs duty of the gold by Rs 3,600 per 10 gram. &nbsp;The government made the decision following advice of the traders after the custom of the gold was hiked in India last month.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The bullion price in the domestic market has observed decline in the domestic market last week. According to the Federation of Nepal Gold and Silver Dealers&rsquo; Association (NeGoSiDA), the price of hallmark gold declined by Rs 1,000 last Friday, and reached Rs 55,800 per tola (11.664 gram). NeGoSiDA chairperson Mani Ratna Shakya said that the decline of the gold price at the international market and the Nepali currency getting stronger in comparison to the US dollar are the main reasons behind the&nbsp;</div>
<div>
	fall of gold price.&nbsp;</div>',
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			'description' => 'The government has hiked the import duty of the gold by 44 percent. According to Chief Secretary Leela Mani Poudyal, the meeting of the Council of Ministers held last Friday decided to increase the customs duty of the precious yellow metal to Rs 5,200 per 10-gram.',
			'sortorder' => '1694',
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			'id' => '1832',
			'article_category_id' => '109',
			'title' => 'Bid Amount For Reverse Repo Quadrupled',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	Banking and financial institutions bid for securities worth Rs 43.29 billion last Wednesday for a reverse repo held by Nepal Rastra Bank (NRB) worth Rs 10 billion.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to NRB spokesperson Bhaskar Mani Gyanwali, NRB received 174 sealed quotations from 26 banking and financial institutions equal to the aforementioned amount through an auction.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	NRB has said that the weighted average discount rate for the reverse repo has been 0.0642 per cent this time.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	NRB had issued reverse repo twice in a week to mob up excess liquidity from the market. It had issued a reverse repo worth Rs 5 billion on September 5 for the first time in three years. Following the issuance, the Bank had received a bid worth Rs 30 billion.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Over-bidding for the reverse repo indicates excess liquidity and lack of investment opportunity.</div>',
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			'created' => '2013-09-17',
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			'description' => 'Banking and financial institutions bid for securities worth Rs 43.29 billion last Wednesday for a reverse repo held by Nepal Rastra Bank (NRB) worth Rs 10 billion.',
			'sortorder' => '1693',
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		'Article' => array(
			'id' => '1831',
			'article_category_id' => '109',
			'title' => 'Nepse Index Fluctuates Throughout The Week',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Sagar Ghimire</strong></div>
<div>
	&nbsp;</div>
<div>
	The Nepal Stock Exchange index slumped 2.19 points last week to close at 549.82 on Thursday (September 12). The Nepse had closed at 552.01 on last Sunday (September 8).&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepse index had observed an increase in the early trade dropped later in the week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	There was an increment in the index in the first and second days of the week by 5.52 and 0.33 points respectively. However, it declined 4.74 points closing at 547.6 on last Tuesday (September 10) just to increase with a slight margin of 0.86 point on Wednesday (September 11). On the last day (Thursday), the Nepse index increased at 1.36 points.</div>
<div>
	&nbsp;</div>
<div>
	Analysts attribute this fluctuation to the tendency of the investors to sell shares of the companies from which they have already earned profit and buy shares of new companies. During the week, shares of 138 companies were traded through 11,645 transactions worth Rs 972.71 million. The market remained open for five days. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The transaction amount and number of deal are 1.91 per cent and 23.88 per cent higher during the week as compared to the previous week. A total of 2,522,971 scrips were traded during the week, which is 15.88 less than the previous week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Chilime Hydropower Company topped the stock market in terms of transaction amount, while National Hydro Power Company led the market in trading highest numbers of transactions.</div>
<div>
	&nbsp;</div>
<div>
	Among the sub-indices, the Insurance sector increased highest by 36.29 points closing at 1272.09. Hydropower, Development Bank and Hotel sectors also observed increment by 12.7, 4.05 and 3.21 points respectively. Bank sector&rsquo;s index decreased highest by 6.07 points. The Others and Finance sectors&rsquo; indices also fell 5.87 and 0.03 point respectively. Trading and Manufacturing sector sub-indices remained unchanged.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The share value of 52 companies increased, while the value of 58 declined. There were no changes in the value of the shares of 28 companies.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/sectors(5).jpg" style="width: 500px; height: 377px; margin-left: 20px; margin-right: 20px;" /></div>
<div>
	<hr />
	<p>
		<span style="font-size:14px;"><strong>Nepse up by 0.18 point</strong></span></p>
</div>
<div>
	Nepse index increased 0.18 point with closing at 550 on Sunday (September 15).Shares of 111 companies were traded in the market through 2056 transactions amounting to Rs 135.57 million on the first day of the share market for this week.</div>
<div>
	&nbsp;</div>
<div>
	Banking, Hotels and Insurance sectors&rsquo; sub-indices increased, while Development Banks, Hydropower, Finance and Others sectors&rsquo; observed a decline. Insurance sector sub-index increased the most by 14.37 points with closing on 1286.46. Hydropower plunged lowest by 2.92 points with closing at 1314.77. &nbsp; &nbsp;The share price of Purnima Bikas Bank Ltd increased the most by Rs 7 with closing price at Rs 105, while the price of Swarojgar Laghu Bitta Bikas Bank Ltd decreased the lowest by Rs 21 with closing price of Rs 322.</div>
<div>
	&nbsp;</div>',
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			'created' => '2013-09-17',
			'modified' => '2013-09-23',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'The Nepal Stock Exchange index slumped 2.19 points last week to close at 549.82 on Thursday (September 12). The Nepse had closed at 552.01 on last Sunday (September 8).',
			'sortorder' => '1692',
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	(int) 4 => array(
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			'id' => '1830',
			'article_category_id' => '202',
			'title' => 'A Family Guy, Tech Savvy And A Traveler',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>--By Upashana Neupane&nbsp;</strong></div>
<div>
	&nbsp;</div>
<div>
	<img alt="Anoop Ranjan Bhattarai," src="/userfiles/images/arj.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 208px;" />Anoop Ranjan Bhattarai, Deputy Managing Director, Wireless Telephone Directorate, Nepal Telecom, defines himself as an active and well informed person, which he think is important in this fast changing global scenario. A tech savvy Bhattarai always keeps himself updated from Worldwide Telecom Trends through internet.</div>
<div>
	&nbsp;</div>
<div>
	A compulsive worker Bhattarai, loves his work and does not mind working from home and, if required, during off hours too. He says, &ldquo;The important thing is that everything should be moving at work whether you are inside office or not.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Despite being a workaholic, Bhattarai doesn&rsquo;t give his family a chance to complain either. Out of his busy schedule he balances his time well between his family and office. &ldquo;I keep the weekend strictly for my family and in the weekdays I try not to miss the family engagements,&rdquo; he shares.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;In most of the weekends, I like to take my family around the outskirts of Kathmandu for a ride, lunch or to dine,&rdquo; he says.</div>
<div>
	&nbsp;</div>
<div>
	Though a complete family man, Bhattarai is not confined within those parameters. He is a big time traveler too. &ldquo;I just love travelling,&rdquo; he says. As a part of his job, Bhattarai have done lot of trekking in Nepal and thoroughly enjoyed every moment as he remembers.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;I have to travel around Nepal and abroad as part of my work and I make it a point to know more about the place and try to explore it during such trips,&rdquo; he shares. Bhattarai have travelled many countries in the world and whenever he gets to travel abroad he makes sure to spare few days to visit adjoining cities or countries. He rates Thailand and Singapore as his favorite holiday destinations primarily because of the hassle free visa, short travelling time and reasonable cost.</div>
<div>
	&nbsp;</div>
<div>
	Out of many places, Bhattarai&rsquo;s some memorable trips are to Rome, Cairo and the Interstate Highway through the Rocky Mountains and the coastal highway in the US. &ldquo;I try to keep sea in my vacation itinerary. I like beaches and beauty of sea,&rdquo; he says. &ldquo;I am ready to spend all my savings on travelling.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	When asked which place in Nepal he loves to visit again, he says, &ldquo;It&rsquo;s Pokhara, because of its serenity.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Bhattarai is a sport lover too and Football, Table Tennis, Cricket, Badminton and Lawn Tennis are the game he used to play but enjoys swimming more. &ldquo;If I have time I don&rsquo;t mind spending the whole day in a swimming pool,&rdquo; he shares.</div>
<div>
	&nbsp;</div>
<div>
	As his passion towards the web world, he said, Viber, Wechat, Whats app, Line, Tango etc have became a part of his life.</div>
<div>
	&nbsp;</div>
<div>
	Bhattarai believes that holidays are very important to re-energise a person. &ldquo;After a hectic schedule throughout the week, I feel even two days&rsquo; weekend would increase productivity in the office. We should implement two-day weekend in office which has proved to be the right thing to do from worldwide practice.&rdquo;</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Anoop Ranjan Bhattarai, Deputy Managing Director, Wireless Telephone Directorate, Nepal Telecom, defines himself as an active and well informed person, which he think is important in this fast changing global scenario. A tech savvy Bhattarai always keeps himself updated from Worldwide Telecom Trends through internet.',
			'sortorder' => '1691',
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	(int) 5 => array(
		'Article' => array(
			'id' => '1829',
			'article_category_id' => '198',
			'title' => 'Pashupati’s Colourful Journey',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Bhawani Timilsina&nbsp;</strong></div>
<div>
	&nbsp;</div>
<table align="right" border="0" cellpadding="1" cellspacing="1" style="float: right; margin: 0px 0px 10px 10px;">
	<tbody>
		<tr>
			<td>
				<img alt="Shailendra Kumar Sitaula Country Manager, Sales and Marketing Pashupati Paints Pvt Ltd" src="/userfiles/images/sks%20(Copy).jpg" style="border-width: 0px; border-style: solid; width: 200px; height: 207px;" /></td>
		</tr>
		<tr>
			<td bgcolor="#FFFFFF">
				<div align="center">
					<div>
						<strong>Shailendra Kumar Sitaula</strong></div>
					<div>
						Country Manager, Sales and Marketing</div>
					<div>
						Pashupati Paints Pvt Ltd</div>
				</div>
			</td>
		</tr>
	</tbody>
</table>
<div>
	Paints add colours of happiness to life. This simple truth makes the tagline of Pashupati Paints, &lsquo;Khusika Rangharu&rsquo; (Colours of Happiness) rather apt. The company claims to be the first in Nepal to meet customers&rsquo; preference in wall colours, &nbsp;and is &nbsp;accredited with ISO 9002:1994, speaks of quality and service by name. &ldquo;The brand has stepped past many milestones and aims at becoming a benchmark for the coatings industry in Nepal,&rdquo; says Ashok Murarka, Director of Pashupati Paints Pvt Ltd.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	When the company was established in 1984, the marketing team had to follow the door-to-door marketing strategy. Today, the company gives advertisements in electronic and print media with popular faces such as Rajesh Hamal for Ex-Coat Plus (premium exterior wall painting) and Miss Nepal 2012 Shristi Shrestha for Luxuria Emulsion Paint. It also sponsors various events.</div>
<div>
	&nbsp;</div>
<div>
	The company&rsquo;s marketing strategy has kept up with the times with fitting taglines such as &lsquo;I Endured So I Won&rsquo; for Ex-Coat Plus, which speaks for the Indian Paint Research Centre certified seven-years warranty the product offers. Similarly, Luxuria Emulsion Paint, a washable interior emulsion paint product that gives a rich, velvety finish is in the market with a tagline that promises &lsquo;Colors of nature come alive&rsquo;. Having worked hard to add novelty to the brand, Murarka believes that branding is a difficult task and that one can always innovate to do better in the path ahead.</div>
<div>
	&nbsp;</div>
<div>
	Another milestone the company has achieved is its impressive Color Bazaar software &lsquo;Kalpana ko Rang&rsquo; (Colours of Imagination) which was launched in 2004. The software provides a preview facility that helps customers picture their homes in the range of colours available, and finalize the one they prefer. &nbsp;One can download the software in a cell phone to have the preview in a mobile set itself. Known as the Smart Paint App, the system includes 1124 colours to choose from. The company also launched the Retail Tinting System in the same year to facilitate colour trials for customers with more than 250 Color Bazaar tinting machines.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The brand Pashupati Paints today includes a wide range of decorative and industrial paints such as exterior and interior emulsion, enamel paints, acrylic distempers, texture paints (exterior and interior), epoxy paints, road marking paints and varnish.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In the three decades of its existence, the brand has been able to deliver the promise of quality as many of its products offer multiple features such as anti-fungal, anti-algal and anti-fading properties; excellent opacity and stain and alkali resistance. &ldquo;It took a long time to win the trust of the people and make them believe that a local brand can deliver quality at par with any international one,&rdquo; says Shailendra Kumar Sitaula, Country Manager of Sales and Marketing. &ldquo;The range of products and colours we offer are our brand strength. We are also accessible to all classes as our products have a good range in price,&rdquo; he assures.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	With an ultimate goal of offering quality products, the company keeps abreast with the latest paint technology and innovation that keeps them competent with multinational products. The marketing team of the company also has a well established supply chain system and dealer network to reach out to its vast customer base. The company also fulfils its corporate social responsibility (CSR) to increase brand power. Among many other activities, it was the one that painted the national stadium in the year 2011/12.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '2013-09-23',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Pashupati Paints has been at par with multinational brands, proving high competence in Nepali business',
			'sortorder' => '1690',
			'image' => null,
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	(int) 6 => array(
		'Article' => array(
			'id' => '1828',
			'article_category_id' => '100',
			'title' => 'Tourism Briefs (16 - 22 September 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>World&rsquo;s Highest Airport to Open in Tibet&nbsp;</strong></span></div>
<div>
	<img alt="World’s Highest Airport to Open in Tibet" src="/userfiles/images/tibet%20(Copy).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 138px;" />The world&rsquo;s highest civilian airport will commence operations in a Tibetan prefecture in China&rsquo;s Sichuan province from September 16, officials said today. Located at 4,411 metres above sea level, the airport in Daocheng Yading county, Garzi Tibetan Autonomous Prefecture will drastically cut the travel time between the county and the provincial capital of Chengdu from two days by bus to 65 minutes by air, according to the prefecture tourism bureau. The new airport will surpass the current record held by Bangda Airport which is also located in Tibet at 4,334 metres. It will be the sixth airport in the Himalayan region. The new airport at Daocheng will initially operate a daily route from Chengdu. The cost of a one-way ticket will be 1,600 yuan (USD 259), state-run Xinhua news agency reported. Routes connecting Daocheng with Chongqing Municipality, a southwest Chinese business hub and Maerkang County, capital of Sichuan&rsquo;s Aba Tibetan-Qiang Autonomous Prefecture are expected to open before October 1. (news.yahoo.com)&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>IATO Discusses Tourism Growth</strong></span></div>
<div>
	&nbsp;</div>
<div>
	<img alt="IATO Discusses Tourism Growth" src="/userfiles/images/iato%20(Copy).jpg" style="width: 500px; height: 205px;" /></div>
<div>
	&nbsp;</div>
<div>
	The 29th annual convention of the Indian Association of Tour Operators (IATO) kick-started on September 8 with a record 1,496 delegates in Kochi, Kerala. The convention with the theme Tourism &ndash; Innovation and Partnership was inaugurated by Kerala&rsquo;s Chief Minister Oommem Chandy, along with Minister of State (IC) for Consumer Affairs in India, K V Thomas, Minister of State for Civil Aviation, K C Venugopal, Kerala&rsquo;s Tourism Minister P Anil Kumar and other senior officials. In his Presidential address, Subhash Goyal, President of IATO talked about this year&rsquo;s convention theme &lsquo;Indian Tourism &ndash; Innovations and Partnerships&rsquo;. &ldquo;Indian Tourism needs special efforts to have visa relaxation, improved infrastructure, look for new markets like Brazil and Africa etc. Air connectivity and budget hotels are the need of the hour to make India competitive,&rdquo; he said. (Traveldailymedia.com)</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>NYC&rsquo;s Most Expensive Hotel Rooms Revealed</strong></span></div>
<div>
	<img alt="NYC" src="/userfiles/images/nyc.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 125px;" />New York City&rsquo;s most expensive hotel room goes for a whopping $40,000, and that&rsquo;s a per-night rate. A new report from NewYorkHotels.org revealed this startling discovery when it established the 10 most expensive hotel suites in Manhattan. The average rate at each establishment throughout the month of September served as the determining factor in coming up with the rankings. &nbsp;</div>
<div>
	1. <span class="Apple-tab-span" style="white-space:pre"> </span>Ty Warner Penthouse (Four Seasons Hotel) $40,000&nbsp;</div>
<div>
	2. <span class="Apple-tab-span" style="white-space:pre"> </span>The Presidential Suite (St. Regis) $35,000</div>
<div>
	3. <span class="Apple-tab-span" style="white-space:pre"> </span>Royal Plaza Suite (The Plaza) $30,000</div>
<div>
	4. <span class="Apple-tab-span" style="white-space:pre"> </span>The Peninsula Suite (The Peninsula) $24,000</div>
<div>
	5. <span class="Apple-tab-span" style="white-space:pre"> </span>The Tata Suite (The Pierre) $20,000</div>
<div>
	6. <span class="Apple-tab-span" style="white-space:pre"> </span>Presidential Suites (Mandarin Oriental) $18,000</div>
<div>
	7. <span class="Apple-tab-span" style="white-space:pre"> </span>Tower Royal Suite (New York Palace) $15,000</div>
<div>
	8. <span class="Apple-tab-span" style="white-space:pre"> </span>Empire Suite Duplex (The Carlyle) $15,000</div>
<div>
	9. <span class="Apple-tab-span" style="white-space:pre"> </span>Royal Suite (The Ritz-Carlton) $14,000</div>
<div>
	10. <span class="Apple-tab-span" style="white-space:pre"> </span>2-BR Penthouse (Trump SoHo) $10,000 &nbsp;</div>
<div>
	(Traveldailynews.com)</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate 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 world’s highest civilian airport will commence operations in a Tibetan prefecture in China’s Sichuan province from September 16, officials said today.',
			'sortorder' => '1689',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
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		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '1827',
			'article_category_id' => '99',
			'title' => 'Qatar Partners With British Airways On Frequent Flyer Programme',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Qatar Airways has announced an immediate partnership with British Airways between the airlines&rsquo; frequent flyer programmes. Qatar Airways Privilege Club members and British Airways Executive Club members are now able to earn miles, and can begin redeeming miles as of 1st October 2013 on each other&rsquo;s flights.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to Qatar Airways, Privilege Club is way of thanking the customers for choosing to fly with the airline. &ldquo;The benefit partnering with British Airways brings to our customers is the added opportunity to earn Qmiles,&rdquo; said Akbar Al Baker, Qatar Airways Chief Executive Officer. &nbsp;Privilege Club members may redeem their Qmiles for award tickets, excess baggage or merchandise through Qatar Duty Free or Oryx Galleria in Doha. &ldquo;This Frequent Flyer Programme partnership also gives British Airways customers an opportunity to attain credit for destinations throughout the entire Qatar Airways network,&rdquo; added Al Baker. &nbsp;</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Qatar Airways has announced an immediate partnership with British Airways between the airlines’ frequent flyer programmes. Qatar Airways Privilege Club members and British Airways Executive Club members are now able to earn miles, and can begin redeeming miles as of 1st October 2013 on each other’s flights.',
			'sortorder' => '1688',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	),
	(int) 8 => array(
		'Article' => array(
			'id' => '1826',
			'article_category_id' => '99',
			'title' => 'Adhikari Wins NPGA Q-School',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Bikash Adhikari registered one-shot victory over Tirtha Poudel in the Surya Nepal Golf Tour NPGA Qualifying School at the par-67 Royal Nepal Golf Club on Thursday. Bikash played seven-over 74 on the final round for a total score of 18-over 219, while Tirtha shot eight-over 75 for a total of 19-over 220.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Ashish Pariyar finished third at 222. Bhuwan Pudasaini was fourth at 223 and Gyanendra Bahadur Raut came fifth at 227. The top five players received pro cards for the Surya Nepal Golf Tour.</div>
<div>
	&nbsp;</div>
<div>
	Adhikari took the turn at one-over 34 that included birdies on the fifth and sixth holes. He added six-over 40 on the back nine. Second-placed Poudel played four-over 37 on the front nine and shot another four-over 38 on the back nine. Likewise, Pariyar took the turn at four-over 37 and faltered to six-over 40 on the back nine. The top three also earned Rs 5,000, Rs 4,000 and Rs 3,000 respectively.</div>
<div>
	&nbsp;</div>
<div>
	Sunil KC, Sujan Roka, Surya Manandhar, Shiva Ram Poudel and Bhimsen Chaulagain came in top 10. A total of 22 players, including NPGA President Rabindra Man Shrestha took part in the three-day tournament played over 54 holes.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Bikash Adhikari registered one-shot victory over Tirtha Poudel in the Surya Nepal Golf Tour NPGA Qualifying School at the par-67 Royal Nepal Golf Club on Thursday. Bikash played seven-over 74 on the final round for a total score of 18-over 219, while Tirtha shot eight-over 75 for a total of 19-over 220.',
			'sortorder' => '1687',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '1825',
			'article_category_id' => '99',
			'title' => 'SC Upholds Nirola As NTB’s Acting CEO',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<img alt="Subash Nirola" src="/userfiles/images/ntb%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 150px; height: 191px;" />The single bench of Acting Chief Justice of Supreme Court Damodar Prasad Sharma upheld the decision to appoint Subash Nirola as Nepal Tourism Board&rsquo;s Acting CEO last Monday. The decision was made earlier by the 187th Meeting of Executive Committee of NTB on July 15, 2013. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In the verdict, Sharma also revoked the decision made by Appellate Court Patan on August 25, 2013. The Appellate Court had ordered NTB Executive Committee not to implement its decision to appoint Nirola as the Acting CEO. With this decision, Nirola now becomes the Acting CEO of NTB. With this appoint, he has now also become the Member Secretary of NTB.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;Prior to this, Nirola had been working in the capacity of Officiating Chief Executive Officer of NTB. Nirola joined NTB as a Director in 2000 and was the senior most Directors prior to being appointed as Officiating CEO.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate 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 single bench of Acting Chief Justice of Supreme Court Damodar Prasad Sharma upheld the decision to appoint Subash Nirola as Nepal Tourism Board’s Acting CEO last Monday. The decision was made earlier by the 187th Meeting of Executive Committee of NTB on July 15, 2013.',
			'sortorder' => '1686',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '1824',
			'article_category_id' => '99',
			'title' => 'Made-in-Pakistan Exhibition Kicks Off',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent&nbsp;</strong></div>
<div>
	&nbsp;</div>
<div>
	The fourth edition of Made in Pakistan exhibition kicked off on Wednesday in the capital at United World Trade Centre, Tripureshwor. Jointly organized by Rawalpindi Chamber of Commerce and Industry (RCCI) and Embassy of Pakistan in Kathmandu, the exhibition is focused on showcasing various Pakistani products&nbsp;</div>
<div>
	in Nepal.</div>
<div>
	&nbsp;</div>
<div>
	Inaugurating the exhibition, Minister of Finance, Shankar Koirala stressed on the necessity of expansion of bilateral relations between Nepal and Pakistan. &ldquo;Nepal and Pakistan share very cordial relations, but the trade volume between these countries is still very low,&rdquo; Koirala added.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;These sorts of event will help to renew and optimize our bilateral relations and we promise to organize such programmes in Pakistan with collaboration with the private sector of Nepal.&rdquo; Koirala said.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The seven-day (September 11-17) long expo has 45 stalls showcasing Pakistani products like wooden furniture, textile products, garments, leather jackets, footwear, artificial jewelries and handicrafts among others.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Arshed Saud Khosa, Ambassador of Pakistan to Nepal said that this exhibition is a good opportunity to introduce new products to large number of people and it helps in enhancing the goodwill between two countries which is the main reason behind this exhibition.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Calling upon the Nepali business community to organize such events in Pakistan, ambassador Khosa said,&nbsp;</div>
<div>
	&ldquo;We look forward to develop continuous business exchange between two countries.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Himalaya SJB Rana, Chairman of Pakistan-Nepal Federation said that the exemplary relation between two nations has yet to be turned to an exemplary trade relationships. Former Ambassador of Nepal to Pakistan, Bal Bhadra Kunwar also emphasized on the importance of the exhibition. Kunwar said that Nepal is looking forward for the Pakistani investors to come to invest in Nepal and further extend the trade relations to a greater height.</div>
<div>
	&nbsp;</div>
<div>
	There are 45 stalls and more than a group of 75 businessmen from Pakistan participating in the fair. The fair is expecting around 70, 000 visitors.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate 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 fourth edition of Made in Pakistan exhibition kicked off on Wednesday in the capital at United World Trade Centre, Tripureshwor. Jointly organized by Rawalpindi Chamber of Commerce and Industry (RCCI) and Embassy of Pakistan in Kathmandu, the exhibition is focused on showcasing various Pakistani products 
in Nepal.',
			'sortorder' => '1685',
			'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' => '1823',
			'article_category_id' => '152',
			'title' => 'Focus Briefs (16 - 22 September 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Luring Customers: Sops at NADA Auto Show</strong></span></div>
<div>
	The coming festival season will be more joyful with various schemes and offers brought by automobile dealers at NADA Auto Show 2013. The customers have collected various gift hampers along with the products at the auto show.</div>
<div>
	&nbsp;</div>
<div>
	HH Bajaj has come out with a scheme entitled Bajaj Dashavatar &lsquo;10 Jana Ko Ferinecha Aavatar&rsquo;. Company said that there will be 10 weekly bumper prizes of Rs 1 million each sure-shot cash prize of Rs 5,000- Rs 100,000. There will also be a weekly lucky prize of Rs 1 million.</div>
<div>
	&nbsp;</div>
<div>
	Syakar Trading Company has come up with Honda Lifestyle Upgrade Offer. This scheme enables buyers to win a Honda Brio car as a bumper prize on purchase of any Honda two-wheeler. Lucky buyers can win 1 tola gold weekly, cash discounts of Rs 4,000-100,000 through a scratch card and free servicing for up to five years and a 10 percent discount on spare parts. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, MAW Enterprises has come up with a scheme entitled Wajandaar on Yamaha two-wheelers. Under this scheme, customers will get a scratch coupon with a chance to win a discount ranging Rs 5,000 to Rs 1 00,000. Also, a customer selected through a lucky draw will win silver equivalent to his or her weight.</div>
<div>
	&nbsp;</div>
<div>
	Mahindra has introduced &lsquo;Hello Dashain Offer&rsquo; under which customers will get Samsung phone worth Rs 12,790. Similarly for Pantero, a 22-inches Asano LED TV is on offer. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Maruti-Suzuki will be giving away an Apache RTR 180/160 or TVS Wego scooter under its offer named Bada Dashain Tihar Ko Maha Offer-Gadi Kinda Bike Upahar, &lsquo;Nagad Chutma Ramau Pariwar&rsquo;.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Tata Motors has provided discount ranging from Rs 115,000 to Rs 285,000 under its offer entitled Sandaar Discount Damdaar-Yesto Gajjab Ko Offer, Dincha Sabailai Takkar.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">Honda Activa- I Launched</span></strong></div>
<div>
	<img alt="Honda Activa- I Launched" src="/userfiles/images/fsc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 140px;" />SYAKAR Trading Company, the authorized distributor of Honda two-wheelers in Nepal introduced the New Honda Activa-I scooter at NADA Auto show 2013. Introduced by singer Nima Rumba and actress Richa Sharma, the scooter came in the market for price of Rs 150, 900. The new activa-I uses and air cooled, 109.2cc engine and produces 8 bhp of power at 7,500 rpm and 8.74 nm of torque at 5,500 rpm. It features combi-brake system (CBS) which reduces braking distance by 24 percent compared to conventional brakes. It also &nbsp;has tubeless tyres, maintenance free battery and air filter.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>&ldquo;RAY Z&rdquo; Yamaha&rsquo;s Second Scooter Launched</strong></span></div>
<div>
	Yamaha-RAY Z was launched in scooter segment at the NADA Auto Show 2013. Goodwill brand ambassador of RAY, Namrata Sherstha and Managing Director of MAW Vishnu Kumar Agrawal jointly revealed the scooter. According to the company, the vehicle is developed to target young males and female with the concept of aggressive sporty design. The new model adopts air cooled 115 cc 4 stroke engine with smooth start up acceleration and good pick up, SOHC, 2 valve, single cylinder petrol engine that generates maximum power of 7 bhp at 7500 rpm and 8.1 nm torque at 5500 rpm. The model provides a mileage of 53 km per liter.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '2013-09-17',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'The coming festival season will be more joyful with various schemes and offers brought by automobile dealers at NADA Auto Show 2013. The customers have collected various gift hampers along with the products at the auto show.',
			'sortorder' => '1684',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	),
	(int) 12 => array(
		'Article' => array(
			'id' => '1822',
			'article_category_id' => '153',
			'title' => 'Nepal Emerging As A Global Auto Hub',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Suraksha Adhikari&nbsp;</strong></div>
<div>
	&nbsp;</div>
<div>
	With the expansion of the automobile market in Nepal, the possibilities of employment opportunities have also grown. Along with the gradual development of road and transportation facilities in Nepal, the growing business of automobiles and its spare parts, automotive oils and other products used in automobiles have been able to sustain the commercial growth and promotion of the national economy of Nepal.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Focusing on the booming automobile market that had been on a downward spiral for the past three years, Nepal Automobile Dealers Association (NADA) in association with the Global Exposition and Management Services (GEMS), an event organizing company, organized the &lsquo;NADA Auto Show 2013&rsquo; to promote Nepal as a good market for automobile business.</div>
<div>
	&nbsp;</div>
<div>
	The auto show, which concluded last week, showcased the passenger car, two and four- wheelers, tyres and tubes, components and sub-assembly accessories, off-road vehicles, tractors and farm equipment batteries, environment and safety equipments, &nbsp;air-conditioning, trucks and bus lubricants, auto finance, auto insurance, garage equipment and auto paints.</div>
<div>
	&nbsp;</div>
<div>
	A total of 69 exhibitors, including local as well as international brands, displayed their products and services in 100 stalls. Automobile companies from Nepal, India, China, Korea, Japan, USA, Germany and Czech Republic, among others participated in the event. The auto show this year had different sections for two-wheelers, four-wheelers and commercial vehicles to cater to the need of segmented as well as general visitors.</div>
<div>
	&nbsp;</div>
<div>
	Inaugurating the Auto Show 2013, Finance Minister Shanker Prasad Koirala said the fair could help boost the transportation sector, which is considered an essential component for improving an economy. &ldquo;The government is considering revising the customs duty on the vehicle imports following the commitment at SAFTA and World Trade Organization,&rdquo; Koirala added. He said that in spite of a lot of possibilities in the automobile industry in Nepal, this sector has not improved as expected and government is ready to support this sector.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;Visitors are seen as attracted by hatchbacks as compared to any other segment of four-wheelers,&rdquo; said Shekhar Golchha, President of NADA. &ldquo;The small car segment appeals to many as it is easier to navigate through the narrow and crowded traffic of Kathmandu, not to mention to cope with the dearth of parking space,&rdquo; he added. Golchha emphasized on the preference of small cars because of jerky roads all over the valley. &ldquo;These small cars are ideal to drive in the bumpy roads of Kathmandu valley and for those who are buying a car for the first time. New brands of cars are preferred by those who change their cars frequently but the demand of small cars is higher.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong><img alt="" src="/userfiles/images/fcs1%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 300px; height: 269px;" />The Current Market&nbsp;</strong></span></div>
<div>
	According to Gopi Krishna Neupane, General Secretary of NADA, the market of automobiles has increased significantly than in the previous fiscal year. &ldquo;We have almost all international brands in our Nepali market including Nepali products,&rdquo; Neupane said. &ldquo;Sales have improved this year though it had significantly dropped in the previous years. Sales of both four-wheelers and two-wheelers had gone down last year.&rdquo;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to data provided by the Department for Transport Management, 208,500 units of vehicles were sold in Nepal in the fiscal year 2012/13 which is an increment of 28, 000 units from the previous fiscal year. Only 1, 70, 000 units of vehicles were sold in the fiscal year 2011/12.</div>
<div>
	&nbsp;</div>
<div>
	Neupane added, &ldquo;Around 50 national and international companies are present in Nepal and are dealing in automobiles, providing employment to around 1.7 million people.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Golchha said that the annual transaction of the automobiles in Nepal has crossed over Rs 50 billion, which is encouraging the people working in the industry.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong><img alt="" src="/userfiles/images/fcs2%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 250px; height: 313px;" />Problems and Challenges</strong></span></div>
<div>
	Transportation has always played an important role in the economic and social development of any state. &ldquo;But business in Nepal has been directly hindered by the massive customs duty on the import of vehicles,&rdquo; said Golchha. He also pointed out the increment of 5 per cent excise duty while entrepreneurs try to reduce the customs duty which has pushed this business backwards. He also complained about the high fuel price, the crude manner in which prices of spare parts are fixed at customs offices, and problems created through the open border as major problems facing the country&acute;s automobile sector. &ldquo;Nepal has been levying 241 percent duty, including excise duty, customs tax and VAT on four-wheelers and 80 percent on two-wheelers. This is the highest imposition of tax on automobiles in the world,&rdquo; he added.</div>
<div>
	&nbsp;</div>
<div>
	Other major challenges include transportation hurdles and traffic management. Pradip Pradhan, member of NADA, said that the government&rsquo;s categorizing automobiles in the luxury segment has hindered the growth of the sector. &ldquo;Automobiles are essential for the growth of the economy but the government&rsquo;s negligence towards this sector has been a main factor that has held it back,&rdquo; Pradhan mentioned.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Future Prospects&nbsp;</strong></span></div>
<div>
	The auto dealers in Nepal are focusing towards the expansion of this market. Lately, new brands of automobiles are being introduced to the Nepali market on a weekly basis. Auto dealers are experiencing tough competition in introducing user friendly two and four- wheelers in the market. However, along with the rise of 25 per cent in sales, positive signs are emerging to indicate that the future of automobiles in Nepal is not dark.</div>
<div>
	&nbsp;</div>
<div>
	According to Neupane, &ldquo;99.5 per cent of Nepalis do not have access to four-wheelers. With a population of 26.4 million and the number of four-wheel vehicles around 1.5 million, we arrive at the ratio of five families to one vehicle. Based on this data, there are a lot of possibilities for the automobile market in Nepal. &ldquo;Only the market of Kathmandu valley does not depict the extent of the automobile market here; there are 73 districts in Nepal facilitated by motor ways. This shows that the market is growing outside of the valley too,&rdquo; he said.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/fcs3.jpg" style="width: 550px; height: 233px; margin-left: 20px; margin-right: 20px;" /></div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '2013-09-23',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'With the expansion of the automobile market in Nepal, the possibilities of employment opportunities have also grown. Along with the gradual development of road and transportation facilities in Nepal, the growing business of automobiles and its spare parts, automotive oils and other products used in automobiles have been able to sustain the commercial growth and promotion of the national economy of Nepal.',
			'sortorder' => '1683',
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	(int) 13 => array(
		'Article' => array(
			'id' => '1821',
			'article_category_id' => '154',
			'title' => 'Learning Curve News In Brief (16 - 22 September 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>SLC Supplementary Results</strong></span></div>
<div>
	The Office of the Controller of the Examination (OCE), Sanothimi published the results of SLC Supplementary exam-2069 on last Monday. Out of 111,724 examinees, 67,051 students have passed the Iron Gate which is 60 percent of the total strength. Among them, 34,143 are boys and 32,908 are girls, according to Examination Controller Khag Raj Baral. The examinations were held in the month of August in 2013. The results can be viewed at www.slcresult.soce.gov.np, www.soce.gov.np and www.slc.ntc.net.np.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>TU Students Can Now See Their Answer Sheets</strong></span></div>
<div>
	Tribhuvan University has finally decided to allow students to see their answer sheets after the publication of their exam results. This comes after two years of Supreme Court&rsquo;s order to this effect. The Executive Council meeting of the University led by Chairman of the Interim Election Government Khil Raj Regmi last Monday amended its regulation as per the apex court order to allow students to see their answer sheets if they are not satisfied with their marks. The verdict was made on the basis of the provisions of Article 27 of Interim Constitution 2007 and Right to Information Act 2007. Now onwards, students who are not satisfied with their examination marks can see attested copies of their answer sheets after paying specified fee.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Best Teachers Award</strong></span></div>
<div>
	Shankar Lal Shrestha, headmaster at the Kuti Danda Secondary School of Dolakha, and Sonam Dolma Lama, teacher at Kyul-based Yangimara Boarding School of Sindhupalchok are conferred with PP Prasain Foundation Best Teacher Award for introducing children-friendly teaching methodologies in remote areas. Minister for Education Madhav Poudel presented the award to the teachers. On the occasion, Lama announced that she would donate Rs 10,000 of the cash prize to the school where she has been teaching.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Outstanding Students Awarded</strong></span></div>
<div>
	President Dr Ram Baran Yadav and Interim Election Government Chairman Khil Raj Regmi conferred awards on September 8 to the students for their outstanding performance in the last fiscal year. Total 248 individuals were awarded with Nepal Bidhyabhusan honours and certificates for completing their PhDs from various universities in and outside the country. He felicitated 152 PhD graduates with Nepal Bidhyabhusan &lsquo;A&rsquo; and a certificate. &lsquo;B&rsquo; grade honour was conferred to 58 Masters&rsquo; degree students for securing highest scores and 20 students were feted with &lsquo;C&rsquo; grade honour for securing top scores in Bachelors&rsquo; degrees. Similarly, 13 girl students obtaining highest marks in Bachelor-level examinations and six students who secured highest scores at the intermediate level were honoured with &lsquo;Nepal Girl Students Bidhya Award&rsquo;.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Scholarships now from Bank</strong></span></div>
<div>
	Department of Education is giving scholarships to students through bank from now onwards. The step has been taken to reduce the irregularities in scholarships distribution in secondary level of community schools. A secondary level scholarship student of community school receives Rs 1,700 monthly. According to the new provision, District Education Office will deposit the amount in students&rsquo; account. Students who are under 16 can open their account under the patronage of their guardians. Government is providing 16 various types of scholarships from primary to higher secondary education.</div>',
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			'article_category_id' => '155',
			'title' => 'BSCCSIT: Applicable To Generate Global Manpower',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><img alt="Prof Dr Subarna Sakya " src="/userfiles/images/pss.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 257px;" />Prof Dr Subarna Sakya is the Assistant Dean at the Institute of Engineering (IOE) and Professor of Computer and Electronics Department. He is also one of the course designers of Bachelor of Science in Computer Science and Information Technulogy (B.Sc.CSIT), at Tribhuvan University (TU). He shares his experiences with Ashok Poudel and Bishwas Regmi of The Corporate. <strong>Excerpt:</strong></span></div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">What are reasons behind the student&rsquo;s getting attracted more towards B.Sc.CSIT course in the recent times?</span></strong></div>
<div>
	Information Technology (IT) course has become one of the most preferred among the students because of its importance in our daily life. It is the area where the market is booming with job opportunities. Today&rsquo;s youngsters and students are well informed and they want to pursue specialized courses where job prospects are high. We are also providing internship during their final year of the course. It will help them to get accustomed with the work atmosphere.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">How successful are the colleges in providing this cousre?</span></strong></div>
<div>
	We have revised the course, seeking help from the experts, with an aim to provide professional learning environment. Lack of experienced teachers has created a major problem in putting the idea into practice. The new course was structured while keeping in mind about the new trend and work culture globally. This will help our students in getting internship in the industry. Similarly, the colleges are also imparting project-based education nowadays.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">In what ways is the B.Sc.CSIT different from other IT and computer science related courses?</span></strong></div>
<div>
	Basically, IT courses are designed to give knowledge about practical application along with theoretical knowledge while computer science course gives theoretical knowledge only. Unlike other courses B.Sc.CSIT offers education on both IT and computer science at the same time. &nbsp;It will equip students with both theoretical and practical knowledge.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">There is a huge disappointment among the students that most of the courses in TU do not include practical education. Why?</span></strong></div>
<div>
	It is unfair to say that the TU courses have failed to include practical education. The colleges are having problem in connecting with the companies. It seems that the companies are not willing to take students for internship. Unless these students get an opportunity, the chances of generating skilled manpower will be very less. The company should understand that they will get benefitted from our students during their placement.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">How relevant is the course in the Nepali market?</span></strong></div>
<div>
	The B.Sc.CSIT course is applicable to generate global manpower, useful everywhere, be it in Nepal or any part in the world. The course is not only relevant to the domestic market but is meant for creating skilled manpower needed across the world.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">How can the course be improved to make it practical in all ways?</span></strong></div>
<div>
	The course equally emphasizes on both practical and theoretical knowledge. The concerned authorities must monitor whether the colleges have appropriate laboratory facility or not. The colleges should organise lecture as well as interactive session with the employees of relevant sector.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">What are your suggestions to the students aspiring to pursue this course?</span></strong></div>
<div>
	Students must be sincere towards the subject they are going to study. They should be well informed about practical application of the course after finishing it. They should concentrate on learning the skill from the ground level rather than focusing only on &nbsp;getting high score.&nbsp;</div>',
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		'Article' => array(
			'id' => '1834',
			'article_category_id' => '109',
			'title' => 'Telia Sonera To Sell Hello Mobile Shares',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	TeliaSonera, a parent company of Ncell, will sell Nepal Satellite Telecom&rsquo;s share, operator of &lsquo;Hello Mobile&rsquo;, to an American company due to regulatory reasons.</div>
<div>
	&nbsp;</div>
<div>
	In 2012, TeliaSonera had bought 57 per cent of shares from Nepal Satellite Telecom. In a press statement issued on September 11, TeliaSonera informed that they are going to sell the shares to an American company Zhodar Investment, which is based in British Virgin Islands. The selling process of the shares will be completed within a month, reads the press release.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;Over the past year, uncertainty regarding regulatory and legal environment for consolidation and granting of licenses in Nepal has increased. Pursuing an acquisition of Nepal Satellite is therefore not possible for regulatory reasons,&rdquo; the statement read.</div>
<div>
	&nbsp;</div>
<div>
	TeliaSonera, with 10 million subscriptions, has incurred a loss of nearly 400 million Swedish kronor, which is approximately Rs 6.19 billion.</div>
<div>
	&nbsp;</div>
<div>
	The company has said that the agreement will enable it to concentrate on Ncell, which reduces the business risk and complexity of its total involvement in Nepal.</div>',
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			'description' => 'TeliaSonera, a parent company of Ncell, will sell Nepal Satellite Telecom’s share, operator of ‘Hello Mobile’, to an American company due to regulatory reasons.',
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			'title' => 'Customs Duty On Gold Hiked By 44pc',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	The government has hiked the import duty of the gold by 44 percent. According to Chief Secretary Leela Mani Poudyal, the meeting of the Council of Ministers held last Friday decided to increase the customs duty of the precious yellow metal to Rs 5,200 per 10-gram. Earlier while unveiling the budget of current fiscal year, the government had hiked the customs duty of the gold by Rs 3,600 per 10 gram. &nbsp;The government made the decision following advice of the traders after the custom of the gold was hiked in India last month.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The bullion price in the domestic market has observed decline in the domestic market last week. According to the Federation of Nepal Gold and Silver Dealers&rsquo; Association (NeGoSiDA), the price of hallmark gold declined by Rs 1,000 last Friday, and reached Rs 55,800 per tola (11.664 gram). NeGoSiDA chairperson Mani Ratna Shakya said that the decline of the gold price at the international market and the Nepali currency getting stronger in comparison to the US dollar are the main reasons behind the&nbsp;</div>
<div>
	fall of gold price.&nbsp;</div>',
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			'description' => 'The government has hiked the import duty of the gold by 44 percent. According to Chief Secretary Leela Mani Poudyal, the meeting of the Council of Ministers held last Friday decided to increase the customs duty of the precious yellow metal to Rs 5,200 per 10-gram.',
			'sortorder' => '1694',
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			'id' => '1832',
			'article_category_id' => '109',
			'title' => 'Bid Amount For Reverse Repo Quadrupled',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	Banking and financial institutions bid for securities worth Rs 43.29 billion last Wednesday for a reverse repo held by Nepal Rastra Bank (NRB) worth Rs 10 billion.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to NRB spokesperson Bhaskar Mani Gyanwali, NRB received 174 sealed quotations from 26 banking and financial institutions equal to the aforementioned amount through an auction.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	NRB has said that the weighted average discount rate for the reverse repo has been 0.0642 per cent this time.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	NRB had issued reverse repo twice in a week to mob up excess liquidity from the market. It had issued a reverse repo worth Rs 5 billion on September 5 for the first time in three years. Following the issuance, the Bank had received a bid worth Rs 30 billion.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Over-bidding for the reverse repo indicates excess liquidity and lack of investment opportunity.</div>',
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			'description' => 'Banking and financial institutions bid for securities worth Rs 43.29 billion last Wednesday for a reverse repo held by Nepal Rastra Bank (NRB) worth Rs 10 billion.',
			'sortorder' => '1693',
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			'id' => '1831',
			'article_category_id' => '109',
			'title' => 'Nepse Index Fluctuates Throughout The Week',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Sagar Ghimire</strong></div>
<div>
	&nbsp;</div>
<div>
	The Nepal Stock Exchange index slumped 2.19 points last week to close at 549.82 on Thursday (September 12). The Nepse had closed at 552.01 on last Sunday (September 8).&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepse index had observed an increase in the early trade dropped later in the week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	There was an increment in the index in the first and second days of the week by 5.52 and 0.33 points respectively. However, it declined 4.74 points closing at 547.6 on last Tuesday (September 10) just to increase with a slight margin of 0.86 point on Wednesday (September 11). On the last day (Thursday), the Nepse index increased at 1.36 points.</div>
<div>
	&nbsp;</div>
<div>
	Analysts attribute this fluctuation to the tendency of the investors to sell shares of the companies from which they have already earned profit and buy shares of new companies. During the week, shares of 138 companies were traded through 11,645 transactions worth Rs 972.71 million. The market remained open for five days. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The transaction amount and number of deal are 1.91 per cent and 23.88 per cent higher during the week as compared to the previous week. A total of 2,522,971 scrips were traded during the week, which is 15.88 less than the previous week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Chilime Hydropower Company topped the stock market in terms of transaction amount, while National Hydro Power Company led the market in trading highest numbers of transactions.</div>
<div>
	&nbsp;</div>
<div>
	Among the sub-indices, the Insurance sector increased highest by 36.29 points closing at 1272.09. Hydropower, Development Bank and Hotel sectors also observed increment by 12.7, 4.05 and 3.21 points respectively. Bank sector&rsquo;s index decreased highest by 6.07 points. The Others and Finance sectors&rsquo; indices also fell 5.87 and 0.03 point respectively. Trading and Manufacturing sector sub-indices remained unchanged.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The share value of 52 companies increased, while the value of 58 declined. There were no changes in the value of the shares of 28 companies.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/sectors(5).jpg" style="width: 500px; height: 377px; margin-left: 20px; margin-right: 20px;" /></div>
<div>
	<hr />
	<p>
		<span style="font-size:14px;"><strong>Nepse up by 0.18 point</strong></span></p>
</div>
<div>
	Nepse index increased 0.18 point with closing at 550 on Sunday (September 15).Shares of 111 companies were traded in the market through 2056 transactions amounting to Rs 135.57 million on the first day of the share market for this week.</div>
<div>
	&nbsp;</div>
<div>
	Banking, Hotels and Insurance sectors&rsquo; sub-indices increased, while Development Banks, Hydropower, Finance and Others sectors&rsquo; observed a decline. Insurance sector sub-index increased the most by 14.37 points with closing on 1286.46. Hydropower plunged lowest by 2.92 points with closing at 1314.77. &nbsp; &nbsp;The share price of Purnima Bikas Bank Ltd increased the most by Rs 7 with closing price at Rs 105, while the price of Swarojgar Laghu Bitta Bikas Bank Ltd decreased the lowest by Rs 21 with closing price of Rs 322.</div>
<div>
	&nbsp;</div>',
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			'description' => 'The Nepal Stock Exchange index slumped 2.19 points last week to close at 549.82 on Thursday (September 12). The Nepse had closed at 552.01 on last Sunday (September 8).',
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			'id' => '1830',
			'article_category_id' => '202',
			'title' => 'A Family Guy, Tech Savvy And A Traveler',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>--By Upashana Neupane&nbsp;</strong></div>
<div>
	&nbsp;</div>
<div>
	<img alt="Anoop Ranjan Bhattarai," src="/userfiles/images/arj.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 208px;" />Anoop Ranjan Bhattarai, Deputy Managing Director, Wireless Telephone Directorate, Nepal Telecom, defines himself as an active and well informed person, which he think is important in this fast changing global scenario. A tech savvy Bhattarai always keeps himself updated from Worldwide Telecom Trends through internet.</div>
<div>
	&nbsp;</div>
<div>
	A compulsive worker Bhattarai, loves his work and does not mind working from home and, if required, during off hours too. He says, &ldquo;The important thing is that everything should be moving at work whether you are inside office or not.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Despite being a workaholic, Bhattarai doesn&rsquo;t give his family a chance to complain either. Out of his busy schedule he balances his time well between his family and office. &ldquo;I keep the weekend strictly for my family and in the weekdays I try not to miss the family engagements,&rdquo; he shares.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;In most of the weekends, I like to take my family around the outskirts of Kathmandu for a ride, lunch or to dine,&rdquo; he says.</div>
<div>
	&nbsp;</div>
<div>
	Though a complete family man, Bhattarai is not confined within those parameters. He is a big time traveler too. &ldquo;I just love travelling,&rdquo; he says. As a part of his job, Bhattarai have done lot of trekking in Nepal and thoroughly enjoyed every moment as he remembers.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;I have to travel around Nepal and abroad as part of my work and I make it a point to know more about the place and try to explore it during such trips,&rdquo; he shares. Bhattarai have travelled many countries in the world and whenever he gets to travel abroad he makes sure to spare few days to visit adjoining cities or countries. He rates Thailand and Singapore as his favorite holiday destinations primarily because of the hassle free visa, short travelling time and reasonable cost.</div>
<div>
	&nbsp;</div>
<div>
	Out of many places, Bhattarai&rsquo;s some memorable trips are to Rome, Cairo and the Interstate Highway through the Rocky Mountains and the coastal highway in the US. &ldquo;I try to keep sea in my vacation itinerary. I like beaches and beauty of sea,&rdquo; he says. &ldquo;I am ready to spend all my savings on travelling.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	When asked which place in Nepal he loves to visit again, he says, &ldquo;It&rsquo;s Pokhara, because of its serenity.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Bhattarai is a sport lover too and Football, Table Tennis, Cricket, Badminton and Lawn Tennis are the game he used to play but enjoys swimming more. &ldquo;If I have time I don&rsquo;t mind spending the whole day in a swimming pool,&rdquo; he shares.</div>
<div>
	&nbsp;</div>
<div>
	As his passion towards the web world, he said, Viber, Wechat, Whats app, Line, Tango etc have became a part of his life.</div>
<div>
	&nbsp;</div>
<div>
	Bhattarai believes that holidays are very important to re-energise a person. &ldquo;After a hectic schedule throughout the week, I feel even two days&rsquo; weekend would increase productivity in the office. We should implement two-day weekend in office which has proved to be the right thing to do from worldwide practice.&rdquo;</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Anoop Ranjan Bhattarai, Deputy Managing Director, Wireless Telephone Directorate, Nepal Telecom, defines himself as an active and well informed person, which he think is important in this fast changing global scenario. A tech savvy Bhattarai always keeps himself updated from Worldwide Telecom Trends through internet.',
			'sortorder' => '1691',
			'image' => null,
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	(int) 5 => array(
		'Article' => array(
			'id' => '1829',
			'article_category_id' => '198',
			'title' => 'Pashupati’s Colourful Journey',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Bhawani Timilsina&nbsp;</strong></div>
<div>
	&nbsp;</div>
<table align="right" border="0" cellpadding="1" cellspacing="1" style="float: right; margin: 0px 0px 10px 10px;">
	<tbody>
		<tr>
			<td>
				<img alt="Shailendra Kumar Sitaula Country Manager, Sales and Marketing Pashupati Paints Pvt Ltd" src="/userfiles/images/sks%20(Copy).jpg" style="border-width: 0px; border-style: solid; width: 200px; height: 207px;" /></td>
		</tr>
		<tr>
			<td bgcolor="#FFFFFF">
				<div align="center">
					<div>
						<strong>Shailendra Kumar Sitaula</strong></div>
					<div>
						Country Manager, Sales and Marketing</div>
					<div>
						Pashupati Paints Pvt Ltd</div>
				</div>
			</td>
		</tr>
	</tbody>
</table>
<div>
	Paints add colours of happiness to life. This simple truth makes the tagline of Pashupati Paints, &lsquo;Khusika Rangharu&rsquo; (Colours of Happiness) rather apt. The company claims to be the first in Nepal to meet customers&rsquo; preference in wall colours, &nbsp;and is &nbsp;accredited with ISO 9002:1994, speaks of quality and service by name. &ldquo;The brand has stepped past many milestones and aims at becoming a benchmark for the coatings industry in Nepal,&rdquo; says Ashok Murarka, Director of Pashupati Paints Pvt Ltd.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	When the company was established in 1984, the marketing team had to follow the door-to-door marketing strategy. Today, the company gives advertisements in electronic and print media with popular faces such as Rajesh Hamal for Ex-Coat Plus (premium exterior wall painting) and Miss Nepal 2012 Shristi Shrestha for Luxuria Emulsion Paint. It also sponsors various events.</div>
<div>
	&nbsp;</div>
<div>
	The company&rsquo;s marketing strategy has kept up with the times with fitting taglines such as &lsquo;I Endured So I Won&rsquo; for Ex-Coat Plus, which speaks for the Indian Paint Research Centre certified seven-years warranty the product offers. Similarly, Luxuria Emulsion Paint, a washable interior emulsion paint product that gives a rich, velvety finish is in the market with a tagline that promises &lsquo;Colors of nature come alive&rsquo;. Having worked hard to add novelty to the brand, Murarka believes that branding is a difficult task and that one can always innovate to do better in the path ahead.</div>
<div>
	&nbsp;</div>
<div>
	Another milestone the company has achieved is its impressive Color Bazaar software &lsquo;Kalpana ko Rang&rsquo; (Colours of Imagination) which was launched in 2004. The software provides a preview facility that helps customers picture their homes in the range of colours available, and finalize the one they prefer. &nbsp;One can download the software in a cell phone to have the preview in a mobile set itself. Known as the Smart Paint App, the system includes 1124 colours to choose from. The company also launched the Retail Tinting System in the same year to facilitate colour trials for customers with more than 250 Color Bazaar tinting machines.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The brand Pashupati Paints today includes a wide range of decorative and industrial paints such as exterior and interior emulsion, enamel paints, acrylic distempers, texture paints (exterior and interior), epoxy paints, road marking paints and varnish.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In the three decades of its existence, the brand has been able to deliver the promise of quality as many of its products offer multiple features such as anti-fungal, anti-algal and anti-fading properties; excellent opacity and stain and alkali resistance. &ldquo;It took a long time to win the trust of the people and make them believe that a local brand can deliver quality at par with any international one,&rdquo; says Shailendra Kumar Sitaula, Country Manager of Sales and Marketing. &ldquo;The range of products and colours we offer are our brand strength. We are also accessible to all classes as our products have a good range in price,&rdquo; he assures.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	With an ultimate goal of offering quality products, the company keeps abreast with the latest paint technology and innovation that keeps them competent with multinational products. The marketing team of the company also has a well established supply chain system and dealer network to reach out to its vast customer base. The company also fulfils its corporate social responsibility (CSR) to increase brand power. Among many other activities, it was the one that painted the national stadium in the year 2011/12.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '2013-09-23',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Pashupati Paints has been at par with multinational brands, proving high competence in Nepali business',
			'sortorder' => '1690',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	(int) 6 => array(
		'Article' => array(
			'id' => '1828',
			'article_category_id' => '100',
			'title' => 'Tourism Briefs (16 - 22 September 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>World&rsquo;s Highest Airport to Open in Tibet&nbsp;</strong></span></div>
<div>
	<img alt="World’s Highest Airport to Open in Tibet" src="/userfiles/images/tibet%20(Copy).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 138px;" />The world&rsquo;s highest civilian airport will commence operations in a Tibetan prefecture in China&rsquo;s Sichuan province from September 16, officials said today. Located at 4,411 metres above sea level, the airport in Daocheng Yading county, Garzi Tibetan Autonomous Prefecture will drastically cut the travel time between the county and the provincial capital of Chengdu from two days by bus to 65 minutes by air, according to the prefecture tourism bureau. The new airport will surpass the current record held by Bangda Airport which is also located in Tibet at 4,334 metres. It will be the sixth airport in the Himalayan region. The new airport at Daocheng will initially operate a daily route from Chengdu. The cost of a one-way ticket will be 1,600 yuan (USD 259), state-run Xinhua news agency reported. Routes connecting Daocheng with Chongqing Municipality, a southwest Chinese business hub and Maerkang County, capital of Sichuan&rsquo;s Aba Tibetan-Qiang Autonomous Prefecture are expected to open before October 1. (news.yahoo.com)&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>IATO Discusses Tourism Growth</strong></span></div>
<div>
	&nbsp;</div>
<div>
	<img alt="IATO Discusses Tourism Growth" src="/userfiles/images/iato%20(Copy).jpg" style="width: 500px; height: 205px;" /></div>
<div>
	&nbsp;</div>
<div>
	The 29th annual convention of the Indian Association of Tour Operators (IATO) kick-started on September 8 with a record 1,496 delegates in Kochi, Kerala. The convention with the theme Tourism &ndash; Innovation and Partnership was inaugurated by Kerala&rsquo;s Chief Minister Oommem Chandy, along with Minister of State (IC) for Consumer Affairs in India, K V Thomas, Minister of State for Civil Aviation, K C Venugopal, Kerala&rsquo;s Tourism Minister P Anil Kumar and other senior officials. In his Presidential address, Subhash Goyal, President of IATO talked about this year&rsquo;s convention theme &lsquo;Indian Tourism &ndash; Innovations and Partnerships&rsquo;. &ldquo;Indian Tourism needs special efforts to have visa relaxation, improved infrastructure, look for new markets like Brazil and Africa etc. Air connectivity and budget hotels are the need of the hour to make India competitive,&rdquo; he said. (Traveldailymedia.com)</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>NYC&rsquo;s Most Expensive Hotel Rooms Revealed</strong></span></div>
<div>
	<img alt="NYC" src="/userfiles/images/nyc.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 125px;" />New York City&rsquo;s most expensive hotel room goes for a whopping $40,000, and that&rsquo;s a per-night rate. A new report from NewYorkHotels.org revealed this startling discovery when it established the 10 most expensive hotel suites in Manhattan. The average rate at each establishment throughout the month of September served as the determining factor in coming up with the rankings. &nbsp;</div>
<div>
	1. <span class="Apple-tab-span" style="white-space:pre"> </span>Ty Warner Penthouse (Four Seasons Hotel) $40,000&nbsp;</div>
<div>
	2. <span class="Apple-tab-span" style="white-space:pre"> </span>The Presidential Suite (St. Regis) $35,000</div>
<div>
	3. <span class="Apple-tab-span" style="white-space:pre"> </span>Royal Plaza Suite (The Plaza) $30,000</div>
<div>
	4. <span class="Apple-tab-span" style="white-space:pre"> </span>The Peninsula Suite (The Peninsula) $24,000</div>
<div>
	5. <span class="Apple-tab-span" style="white-space:pre"> </span>The Tata Suite (The Pierre) $20,000</div>
<div>
	6. <span class="Apple-tab-span" style="white-space:pre"> </span>Presidential Suites (Mandarin Oriental) $18,000</div>
<div>
	7. <span class="Apple-tab-span" style="white-space:pre"> </span>Tower Royal Suite (New York Palace) $15,000</div>
<div>
	8. <span class="Apple-tab-span" style="white-space:pre"> </span>Empire Suite Duplex (The Carlyle) $15,000</div>
<div>
	9. <span class="Apple-tab-span" style="white-space:pre"> </span>Royal Suite (The Ritz-Carlton) $14,000</div>
<div>
	10. <span class="Apple-tab-span" style="white-space:pre"> </span>2-BR Penthouse (Trump SoHo) $10,000 &nbsp;</div>
<div>
	(Traveldailynews.com)</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate 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 world’s highest civilian airport will commence operations in a Tibetan prefecture in China’s Sichuan province from September 16, officials said today.',
			'sortorder' => '1689',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	),
	(int) 7 => array(
		'Article' => array(
			'id' => '1827',
			'article_category_id' => '99',
			'title' => 'Qatar Partners With British Airways On Frequent Flyer Programme',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Qatar Airways has announced an immediate partnership with British Airways between the airlines&rsquo; frequent flyer programmes. Qatar Airways Privilege Club members and British Airways Executive Club members are now able to earn miles, and can begin redeeming miles as of 1st October 2013 on each other&rsquo;s flights.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to Qatar Airways, Privilege Club is way of thanking the customers for choosing to fly with the airline. &ldquo;The benefit partnering with British Airways brings to our customers is the added opportunity to earn Qmiles,&rdquo; said Akbar Al Baker, Qatar Airways Chief Executive Officer. &nbsp;Privilege Club members may redeem their Qmiles for award tickets, excess baggage or merchandise through Qatar Duty Free or Oryx Galleria in Doha. &ldquo;This Frequent Flyer Programme partnership also gives British Airways customers an opportunity to attain credit for destinations throughout the entire Qatar Airways network,&rdquo; added Al Baker. &nbsp;</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Qatar Airways has announced an immediate partnership with British Airways between the airlines’ frequent flyer programmes. Qatar Airways Privilege Club members and British Airways Executive Club members are now able to earn miles, and can begin redeeming miles as of 1st October 2013 on each other’s flights.',
			'sortorder' => '1688',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	),
	(int) 8 => array(
		'Article' => array(
			'id' => '1826',
			'article_category_id' => '99',
			'title' => 'Adhikari Wins NPGA Q-School',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Bikash Adhikari registered one-shot victory over Tirtha Poudel in the Surya Nepal Golf Tour NPGA Qualifying School at the par-67 Royal Nepal Golf Club on Thursday. Bikash played seven-over 74 on the final round for a total score of 18-over 219, while Tirtha shot eight-over 75 for a total of 19-over 220.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Ashish Pariyar finished third at 222. Bhuwan Pudasaini was fourth at 223 and Gyanendra Bahadur Raut came fifth at 227. The top five players received pro cards for the Surya Nepal Golf Tour.</div>
<div>
	&nbsp;</div>
<div>
	Adhikari took the turn at one-over 34 that included birdies on the fifth and sixth holes. He added six-over 40 on the back nine. Second-placed Poudel played four-over 37 on the front nine and shot another four-over 38 on the back nine. Likewise, Pariyar took the turn at four-over 37 and faltered to six-over 40 on the back nine. The top three also earned Rs 5,000, Rs 4,000 and Rs 3,000 respectively.</div>
<div>
	&nbsp;</div>
<div>
	Sunil KC, Sujan Roka, Surya Manandhar, Shiva Ram Poudel and Bhimsen Chaulagain came in top 10. A total of 22 players, including NPGA President Rabindra Man Shrestha took part in the three-day tournament played over 54 holes.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Bikash Adhikari registered one-shot victory over Tirtha Poudel in the Surya Nepal Golf Tour NPGA Qualifying School at the par-67 Royal Nepal Golf Club on Thursday. Bikash played seven-over 74 on the final round for a total score of 18-over 219, while Tirtha shot eight-over 75 for a total of 19-over 220.',
			'sortorder' => '1687',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '1825',
			'article_category_id' => '99',
			'title' => 'SC Upholds Nirola As NTB’s Acting CEO',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<img alt="Subash Nirola" src="/userfiles/images/ntb%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 150px; height: 191px;" />The single bench of Acting Chief Justice of Supreme Court Damodar Prasad Sharma upheld the decision to appoint Subash Nirola as Nepal Tourism Board&rsquo;s Acting CEO last Monday. The decision was made earlier by the 187th Meeting of Executive Committee of NTB on July 15, 2013. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In the verdict, Sharma also revoked the decision made by Appellate Court Patan on August 25, 2013. The Appellate Court had ordered NTB Executive Committee not to implement its decision to appoint Nirola as the Acting CEO. With this decision, Nirola now becomes the Acting CEO of NTB. With this appoint, he has now also become the Member Secretary of NTB.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;Prior to this, Nirola had been working in the capacity of Officiating Chief Executive Officer of NTB. Nirola joined NTB as a Director in 2000 and was the senior most Directors prior to being appointed as Officiating CEO.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate 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 single bench of Acting Chief Justice of Supreme Court Damodar Prasad Sharma upheld the decision to appoint Subash Nirola as Nepal Tourism Board’s Acting CEO last Monday. The decision was made earlier by the 187th Meeting of Executive Committee of NTB on July 15, 2013.',
			'sortorder' => '1686',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '1824',
			'article_category_id' => '99',
			'title' => 'Made-in-Pakistan Exhibition Kicks Off',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent&nbsp;</strong></div>
<div>
	&nbsp;</div>
<div>
	The fourth edition of Made in Pakistan exhibition kicked off on Wednesday in the capital at United World Trade Centre, Tripureshwor. Jointly organized by Rawalpindi Chamber of Commerce and Industry (RCCI) and Embassy of Pakistan in Kathmandu, the exhibition is focused on showcasing various Pakistani products&nbsp;</div>
<div>
	in Nepal.</div>
<div>
	&nbsp;</div>
<div>
	Inaugurating the exhibition, Minister of Finance, Shankar Koirala stressed on the necessity of expansion of bilateral relations between Nepal and Pakistan. &ldquo;Nepal and Pakistan share very cordial relations, but the trade volume between these countries is still very low,&rdquo; Koirala added.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;These sorts of event will help to renew and optimize our bilateral relations and we promise to organize such programmes in Pakistan with collaboration with the private sector of Nepal.&rdquo; Koirala said.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The seven-day (September 11-17) long expo has 45 stalls showcasing Pakistani products like wooden furniture, textile products, garments, leather jackets, footwear, artificial jewelries and handicrafts among others.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Arshed Saud Khosa, Ambassador of Pakistan to Nepal said that this exhibition is a good opportunity to introduce new products to large number of people and it helps in enhancing the goodwill between two countries which is the main reason behind this exhibition.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Calling upon the Nepali business community to organize such events in Pakistan, ambassador Khosa said,&nbsp;</div>
<div>
	&ldquo;We look forward to develop continuous business exchange between two countries.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Himalaya SJB Rana, Chairman of Pakistan-Nepal Federation said that the exemplary relation between two nations has yet to be turned to an exemplary trade relationships. Former Ambassador of Nepal to Pakistan, Bal Bhadra Kunwar also emphasized on the importance of the exhibition. Kunwar said that Nepal is looking forward for the Pakistani investors to come to invest in Nepal and further extend the trade relations to a greater height.</div>
<div>
	&nbsp;</div>
<div>
	There are 45 stalls and more than a group of 75 businessmen from Pakistan participating in the fair. The fair is expecting around 70, 000 visitors.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate 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 fourth edition of Made in Pakistan exhibition kicked off on Wednesday in the capital at United World Trade Centre, Tripureshwor. Jointly organized by Rawalpindi Chamber of Commerce and Industry (RCCI) and Embassy of Pakistan in Kathmandu, the exhibition is focused on showcasing various Pakistani products 
in Nepal.',
			'sortorder' => '1685',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '1823',
			'article_category_id' => '152',
			'title' => 'Focus Briefs (16 - 22 September 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Luring Customers: Sops at NADA Auto Show</strong></span></div>
<div>
	The coming festival season will be more joyful with various schemes and offers brought by automobile dealers at NADA Auto Show 2013. The customers have collected various gift hampers along with the products at the auto show.</div>
<div>
	&nbsp;</div>
<div>
	HH Bajaj has come out with a scheme entitled Bajaj Dashavatar &lsquo;10 Jana Ko Ferinecha Aavatar&rsquo;. Company said that there will be 10 weekly bumper prizes of Rs 1 million each sure-shot cash prize of Rs 5,000- Rs 100,000. There will also be a weekly lucky prize of Rs 1 million.</div>
<div>
	&nbsp;</div>
<div>
	Syakar Trading Company has come up with Honda Lifestyle Upgrade Offer. This scheme enables buyers to win a Honda Brio car as a bumper prize on purchase of any Honda two-wheeler. Lucky buyers can win 1 tola gold weekly, cash discounts of Rs 4,000-100,000 through a scratch card and free servicing for up to five years and a 10 percent discount on spare parts. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, MAW Enterprises has come up with a scheme entitled Wajandaar on Yamaha two-wheelers. Under this scheme, customers will get a scratch coupon with a chance to win a discount ranging Rs 5,000 to Rs 1 00,000. Also, a customer selected through a lucky draw will win silver equivalent to his or her weight.</div>
<div>
	&nbsp;</div>
<div>
	Mahindra has introduced &lsquo;Hello Dashain Offer&rsquo; under which customers will get Samsung phone worth Rs 12,790. Similarly for Pantero, a 22-inches Asano LED TV is on offer. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Maruti-Suzuki will be giving away an Apache RTR 180/160 or TVS Wego scooter under its offer named Bada Dashain Tihar Ko Maha Offer-Gadi Kinda Bike Upahar, &lsquo;Nagad Chutma Ramau Pariwar&rsquo;.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Tata Motors has provided discount ranging from Rs 115,000 to Rs 285,000 under its offer entitled Sandaar Discount Damdaar-Yesto Gajjab Ko Offer, Dincha Sabailai Takkar.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">Honda Activa- I Launched</span></strong></div>
<div>
	<img alt="Honda Activa- I Launched" src="/userfiles/images/fsc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 140px;" />SYAKAR Trading Company, the authorized distributor of Honda two-wheelers in Nepal introduced the New Honda Activa-I scooter at NADA Auto show 2013. Introduced by singer Nima Rumba and actress Richa Sharma, the scooter came in the market for price of Rs 150, 900. The new activa-I uses and air cooled, 109.2cc engine and produces 8 bhp of power at 7,500 rpm and 8.74 nm of torque at 5,500 rpm. It features combi-brake system (CBS) which reduces braking distance by 24 percent compared to conventional brakes. It also &nbsp;has tubeless tyres, maintenance free battery and air filter.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>&ldquo;RAY Z&rdquo; Yamaha&rsquo;s Second Scooter Launched</strong></span></div>
<div>
	Yamaha-RAY Z was launched in scooter segment at the NADA Auto Show 2013. Goodwill brand ambassador of RAY, Namrata Sherstha and Managing Director of MAW Vishnu Kumar Agrawal jointly revealed the scooter. According to the company, the vehicle is developed to target young males and female with the concept of aggressive sporty design. The new model adopts air cooled 115 cc 4 stroke engine with smooth start up acceleration and good pick up, SOHC, 2 valve, single cylinder petrol engine that generates maximum power of 7 bhp at 7500 rpm and 8.1 nm torque at 5500 rpm. The model provides a mileage of 53 km per liter.</div>',
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			'created' => '2013-09-17',
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			'description' => 'The coming festival season will be more joyful with various schemes and offers brought by automobile dealers at NADA Auto Show 2013. The customers have collected various gift hampers along with the products at the auto show.',
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	(int) 12 => array(
		'Article' => array(
			'id' => '1822',
			'article_category_id' => '153',
			'title' => 'Nepal Emerging As A Global Auto Hub',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Suraksha Adhikari&nbsp;</strong></div>
<div>
	&nbsp;</div>
<div>
	With the expansion of the automobile market in Nepal, the possibilities of employment opportunities have also grown. Along with the gradual development of road and transportation facilities in Nepal, the growing business of automobiles and its spare parts, automotive oils and other products used in automobiles have been able to sustain the commercial growth and promotion of the national economy of Nepal.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Focusing on the booming automobile market that had been on a downward spiral for the past three years, Nepal Automobile Dealers Association (NADA) in association with the Global Exposition and Management Services (GEMS), an event organizing company, organized the &lsquo;NADA Auto Show 2013&rsquo; to promote Nepal as a good market for automobile business.</div>
<div>
	&nbsp;</div>
<div>
	The auto show, which concluded last week, showcased the passenger car, two and four- wheelers, tyres and tubes, components and sub-assembly accessories, off-road vehicles, tractors and farm equipment batteries, environment and safety equipments, &nbsp;air-conditioning, trucks and bus lubricants, auto finance, auto insurance, garage equipment and auto paints.</div>
<div>
	&nbsp;</div>
<div>
	A total of 69 exhibitors, including local as well as international brands, displayed their products and services in 100 stalls. Automobile companies from Nepal, India, China, Korea, Japan, USA, Germany and Czech Republic, among others participated in the event. The auto show this year had different sections for two-wheelers, four-wheelers and commercial vehicles to cater to the need of segmented as well as general visitors.</div>
<div>
	&nbsp;</div>
<div>
	Inaugurating the Auto Show 2013, Finance Minister Shanker Prasad Koirala said the fair could help boost the transportation sector, which is considered an essential component for improving an economy. &ldquo;The government is considering revising the customs duty on the vehicle imports following the commitment at SAFTA and World Trade Organization,&rdquo; Koirala added. He said that in spite of a lot of possibilities in the automobile industry in Nepal, this sector has not improved as expected and government is ready to support this sector.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;Visitors are seen as attracted by hatchbacks as compared to any other segment of four-wheelers,&rdquo; said Shekhar Golchha, President of NADA. &ldquo;The small car segment appeals to many as it is easier to navigate through the narrow and crowded traffic of Kathmandu, not to mention to cope with the dearth of parking space,&rdquo; he added. Golchha emphasized on the preference of small cars because of jerky roads all over the valley. &ldquo;These small cars are ideal to drive in the bumpy roads of Kathmandu valley and for those who are buying a car for the first time. New brands of cars are preferred by those who change their cars frequently but the demand of small cars is higher.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong><img alt="" src="/userfiles/images/fcs1%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 300px; height: 269px;" />The Current Market&nbsp;</strong></span></div>
<div>
	According to Gopi Krishna Neupane, General Secretary of NADA, the market of automobiles has increased significantly than in the previous fiscal year. &ldquo;We have almost all international brands in our Nepali market including Nepali products,&rdquo; Neupane said. &ldquo;Sales have improved this year though it had significantly dropped in the previous years. Sales of both four-wheelers and two-wheelers had gone down last year.&rdquo;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to data provided by the Department for Transport Management, 208,500 units of vehicles were sold in Nepal in the fiscal year 2012/13 which is an increment of 28, 000 units from the previous fiscal year. Only 1, 70, 000 units of vehicles were sold in the fiscal year 2011/12.</div>
<div>
	&nbsp;</div>
<div>
	Neupane added, &ldquo;Around 50 national and international companies are present in Nepal and are dealing in automobiles, providing employment to around 1.7 million people.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Golchha said that the annual transaction of the automobiles in Nepal has crossed over Rs 50 billion, which is encouraging the people working in the industry.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong><img alt="" src="/userfiles/images/fcs2%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 250px; height: 313px;" />Problems and Challenges</strong></span></div>
<div>
	Transportation has always played an important role in the economic and social development of any state. &ldquo;But business in Nepal has been directly hindered by the massive customs duty on the import of vehicles,&rdquo; said Golchha. He also pointed out the increment of 5 per cent excise duty while entrepreneurs try to reduce the customs duty which has pushed this business backwards. He also complained about the high fuel price, the crude manner in which prices of spare parts are fixed at customs offices, and problems created through the open border as major problems facing the country&acute;s automobile sector. &ldquo;Nepal has been levying 241 percent duty, including excise duty, customs tax and VAT on four-wheelers and 80 percent on two-wheelers. This is the highest imposition of tax on automobiles in the world,&rdquo; he added.</div>
<div>
	&nbsp;</div>
<div>
	Other major challenges include transportation hurdles and traffic management. Pradip Pradhan, member of NADA, said that the government&rsquo;s categorizing automobiles in the luxury segment has hindered the growth of the sector. &ldquo;Automobiles are essential for the growth of the economy but the government&rsquo;s negligence towards this sector has been a main factor that has held it back,&rdquo; Pradhan mentioned.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Future Prospects&nbsp;</strong></span></div>
<div>
	The auto dealers in Nepal are focusing towards the expansion of this market. Lately, new brands of automobiles are being introduced to the Nepali market on a weekly basis. Auto dealers are experiencing tough competition in introducing user friendly two and four- wheelers in the market. However, along with the rise of 25 per cent in sales, positive signs are emerging to indicate that the future of automobiles in Nepal is not dark.</div>
<div>
	&nbsp;</div>
<div>
	According to Neupane, &ldquo;99.5 per cent of Nepalis do not have access to four-wheelers. With a population of 26.4 million and the number of four-wheel vehicles around 1.5 million, we arrive at the ratio of five families to one vehicle. Based on this data, there are a lot of possibilities for the automobile market in Nepal. &ldquo;Only the market of Kathmandu valley does not depict the extent of the automobile market here; there are 73 districts in Nepal facilitated by motor ways. This shows that the market is growing outside of the valley too,&rdquo; he said.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/fcs3.jpg" style="width: 550px; height: 233px; margin-left: 20px; margin-right: 20px;" /></div>',
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			'description' => 'With the expansion of the automobile market in Nepal, the possibilities of employment opportunities have also grown. Along with the gradual development of road and transportation facilities in Nepal, the growing business of automobiles and its spare parts, automotive oils and other products used in automobiles have been able to sustain the commercial growth and promotion of the national economy of Nepal.',
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		'Article' => array(
			'id' => '1821',
			'article_category_id' => '154',
			'title' => 'Learning Curve News In Brief (16 - 22 September 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>SLC Supplementary Results</strong></span></div>
<div>
	The Office of the Controller of the Examination (OCE), Sanothimi published the results of SLC Supplementary exam-2069 on last Monday. Out of 111,724 examinees, 67,051 students have passed the Iron Gate which is 60 percent of the total strength. Among them, 34,143 are boys and 32,908 are girls, according to Examination Controller Khag Raj Baral. The examinations were held in the month of August in 2013. The results can be viewed at www.slcresult.soce.gov.np, www.soce.gov.np and www.slc.ntc.net.np.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>TU Students Can Now See Their Answer Sheets</strong></span></div>
<div>
	Tribhuvan University has finally decided to allow students to see their answer sheets after the publication of their exam results. This comes after two years of Supreme Court&rsquo;s order to this effect. The Executive Council meeting of the University led by Chairman of the Interim Election Government Khil Raj Regmi last Monday amended its regulation as per the apex court order to allow students to see their answer sheets if they are not satisfied with their marks. The verdict was made on the basis of the provisions of Article 27 of Interim Constitution 2007 and Right to Information Act 2007. Now onwards, students who are not satisfied with their examination marks can see attested copies of their answer sheets after paying specified fee.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Best Teachers Award</strong></span></div>
<div>
	Shankar Lal Shrestha, headmaster at the Kuti Danda Secondary School of Dolakha, and Sonam Dolma Lama, teacher at Kyul-based Yangimara Boarding School of Sindhupalchok are conferred with PP Prasain Foundation Best Teacher Award for introducing children-friendly teaching methodologies in remote areas. Minister for Education Madhav Poudel presented the award to the teachers. On the occasion, Lama announced that she would donate Rs 10,000 of the cash prize to the school where she has been teaching.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Outstanding Students Awarded</strong></span></div>
<div>
	President Dr Ram Baran Yadav and Interim Election Government Chairman Khil Raj Regmi conferred awards on September 8 to the students for their outstanding performance in the last fiscal year. Total 248 individuals were awarded with Nepal Bidhyabhusan honours and certificates for completing their PhDs from various universities in and outside the country. He felicitated 152 PhD graduates with Nepal Bidhyabhusan &lsquo;A&rsquo; and a certificate. &lsquo;B&rsquo; grade honour was conferred to 58 Masters&rsquo; degree students for securing highest scores and 20 students were feted with &lsquo;C&rsquo; grade honour for securing top scores in Bachelors&rsquo; degrees. Similarly, 13 girl students obtaining highest marks in Bachelor-level examinations and six students who secured highest scores at the intermediate level were honoured with &lsquo;Nepal Girl Students Bidhya Award&rsquo;.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Scholarships now from Bank</strong></span></div>
<div>
	Department of Education is giving scholarships to students through bank from now onwards. The step has been taken to reduce the irregularities in scholarships distribution in secondary level of community schools. A secondary level scholarship student of community school receives Rs 1,700 monthly. According to the new provision, District Education Office will deposit the amount in students&rsquo; account. Students who are under 16 can open their account under the patronage of their guardians. Government is providing 16 various types of scholarships from primary to higher secondary education.</div>',
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			'description' => 'The Office of the Controller of the Examination (OCE), Sanothimi published the results of SLC Supplementary exam-2069 on last Monday.',
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			'id' => '1820',
			'article_category_id' => '155',
			'title' => 'BSCCSIT: Applicable To Generate Global Manpower',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><img alt="Prof Dr Subarna Sakya " src="/userfiles/images/pss.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 257px;" />Prof Dr Subarna Sakya is the Assistant Dean at the Institute of Engineering (IOE) and Professor of Computer and Electronics Department. He is also one of the course designers of Bachelor of Science in Computer Science and Information Technulogy (B.Sc.CSIT), at Tribhuvan University (TU). He shares his experiences with Ashok Poudel and Bishwas Regmi of The Corporate. <strong>Excerpt:</strong></span></div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">What are reasons behind the student&rsquo;s getting attracted more towards B.Sc.CSIT course in the recent times?</span></strong></div>
<div>
	Information Technology (IT) course has become one of the most preferred among the students because of its importance in our daily life. It is the area where the market is booming with job opportunities. Today&rsquo;s youngsters and students are well informed and they want to pursue specialized courses where job prospects are high. We are also providing internship during their final year of the course. It will help them to get accustomed with the work atmosphere.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">How successful are the colleges in providing this cousre?</span></strong></div>
<div>
	We have revised the course, seeking help from the experts, with an aim to provide professional learning environment. Lack of experienced teachers has created a major problem in putting the idea into practice. The new course was structured while keeping in mind about the new trend and work culture globally. This will help our students in getting internship in the industry. Similarly, the colleges are also imparting project-based education nowadays.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">In what ways is the B.Sc.CSIT different from other IT and computer science related courses?</span></strong></div>
<div>
	Basically, IT courses are designed to give knowledge about practical application along with theoretical knowledge while computer science course gives theoretical knowledge only. Unlike other courses B.Sc.CSIT offers education on both IT and computer science at the same time. &nbsp;It will equip students with both theoretical and practical knowledge.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">There is a huge disappointment among the students that most of the courses in TU do not include practical education. Why?</span></strong></div>
<div>
	It is unfair to say that the TU courses have failed to include practical education. The colleges are having problem in connecting with the companies. It seems that the companies are not willing to take students for internship. Unless these students get an opportunity, the chances of generating skilled manpower will be very less. The company should understand that they will get benefitted from our students during their placement.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">How relevant is the course in the Nepali market?</span></strong></div>
<div>
	The B.Sc.CSIT course is applicable to generate global manpower, useful everywhere, be it in Nepal or any part in the world. The course is not only relevant to the domestic market but is meant for creating skilled manpower needed across the world.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">How can the course be improved to make it practical in all ways?</span></strong></div>
<div>
	The course equally emphasizes on both practical and theoretical knowledge. The concerned authorities must monitor whether the colleges have appropriate laboratory facility or not. The colleges should organise lecture as well as interactive session with the employees of relevant sector.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">What are your suggestions to the students aspiring to pursue this course?</span></strong></div>
<div>
	Students must be sincere towards the subject they are going to study. They should be well informed about practical application of the course after finishing it. They should concentrate on learning the skill from the ground level rather than focusing only on &nbsp;getting high score.&nbsp;</div>',
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			'description' => 'Prof Dr Subarna Sakya is the Assistant Dean at the Institute of Engineering (IOE) and Professor of Computer and Electronics Department. He is also one of the course designers of Bachelor of Science in Computer Science and Information Technulogy (B.Sc.CSIT), at Tribhuvan University (TU).',
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			'id' => '1834',
			'article_category_id' => '109',
			'title' => 'Telia Sonera To Sell Hello Mobile Shares',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	TeliaSonera, a parent company of Ncell, will sell Nepal Satellite Telecom&rsquo;s share, operator of &lsquo;Hello Mobile&rsquo;, to an American company due to regulatory reasons.</div>
<div>
	&nbsp;</div>
<div>
	In 2012, TeliaSonera had bought 57 per cent of shares from Nepal Satellite Telecom. In a press statement issued on September 11, TeliaSonera informed that they are going to sell the shares to an American company Zhodar Investment, which is based in British Virgin Islands. The selling process of the shares will be completed within a month, reads the press release.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;Over the past year, uncertainty regarding regulatory and legal environment for consolidation and granting of licenses in Nepal has increased. Pursuing an acquisition of Nepal Satellite is therefore not possible for regulatory reasons,&rdquo; the statement read.</div>
<div>
	&nbsp;</div>
<div>
	TeliaSonera, with 10 million subscriptions, has incurred a loss of nearly 400 million Swedish kronor, which is approximately Rs 6.19 billion.</div>
<div>
	&nbsp;</div>
<div>
	The company has said that the agreement will enable it to concentrate on Ncell, which reduces the business risk and complexity of its total involvement in Nepal.</div>',
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			'description' => 'TeliaSonera, a parent company of Ncell, will sell Nepal Satellite Telecom’s share, operator of ‘Hello Mobile’, to an American company due to regulatory reasons.',
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			'title' => 'Customs Duty On Gold Hiked By 44pc',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	The government has hiked the import duty of the gold by 44 percent. According to Chief Secretary Leela Mani Poudyal, the meeting of the Council of Ministers held last Friday decided to increase the customs duty of the precious yellow metal to Rs 5,200 per 10-gram. Earlier while unveiling the budget of current fiscal year, the government had hiked the customs duty of the gold by Rs 3,600 per 10 gram. &nbsp;The government made the decision following advice of the traders after the custom of the gold was hiked in India last month.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The bullion price in the domestic market has observed decline in the domestic market last week. According to the Federation of Nepal Gold and Silver Dealers&rsquo; Association (NeGoSiDA), the price of hallmark gold declined by Rs 1,000 last Friday, and reached Rs 55,800 per tola (11.664 gram). NeGoSiDA chairperson Mani Ratna Shakya said that the decline of the gold price at the international market and the Nepali currency getting stronger in comparison to the US dollar are the main reasons behind the&nbsp;</div>
<div>
	fall of gold price.&nbsp;</div>',
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			'description' => 'The government has hiked the import duty of the gold by 44 percent. According to Chief Secretary Leela Mani Poudyal, the meeting of the Council of Ministers held last Friday decided to increase the customs duty of the precious yellow metal to Rs 5,200 per 10-gram.',
			'sortorder' => '1694',
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	(int) 2 => array(
		'Article' => array(
			'id' => '1832',
			'article_category_id' => '109',
			'title' => 'Bid Amount For Reverse Repo Quadrupled',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	Banking and financial institutions bid for securities worth Rs 43.29 billion last Wednesday for a reverse repo held by Nepal Rastra Bank (NRB) worth Rs 10 billion.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to NRB spokesperson Bhaskar Mani Gyanwali, NRB received 174 sealed quotations from 26 banking and financial institutions equal to the aforementioned amount through an auction.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	NRB has said that the weighted average discount rate for the reverse repo has been 0.0642 per cent this time.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	NRB had issued reverse repo twice in a week to mob up excess liquidity from the market. It had issued a reverse repo worth Rs 5 billion on September 5 for the first time in three years. Following the issuance, the Bank had received a bid worth Rs 30 billion.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Over-bidding for the reverse repo indicates excess liquidity and lack of investment opportunity.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Banking and financial institutions bid for securities worth Rs 43.29 billion last Wednesday for a reverse repo held by Nepal Rastra Bank (NRB) worth Rs 10 billion.',
			'sortorder' => '1693',
			'image' => null,
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	(int) 3 => array(
		'Article' => array(
			'id' => '1831',
			'article_category_id' => '109',
			'title' => 'Nepse Index Fluctuates Throughout The Week',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Sagar Ghimire</strong></div>
<div>
	&nbsp;</div>
<div>
	The Nepal Stock Exchange index slumped 2.19 points last week to close at 549.82 on Thursday (September 12). The Nepse had closed at 552.01 on last Sunday (September 8).&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepse index had observed an increase in the early trade dropped later in the week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	There was an increment in the index in the first and second days of the week by 5.52 and 0.33 points respectively. However, it declined 4.74 points closing at 547.6 on last Tuesday (September 10) just to increase with a slight margin of 0.86 point on Wednesday (September 11). On the last day (Thursday), the Nepse index increased at 1.36 points.</div>
<div>
	&nbsp;</div>
<div>
	Analysts attribute this fluctuation to the tendency of the investors to sell shares of the companies from which they have already earned profit and buy shares of new companies. During the week, shares of 138 companies were traded through 11,645 transactions worth Rs 972.71 million. The market remained open for five days. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The transaction amount and number of deal are 1.91 per cent and 23.88 per cent higher during the week as compared to the previous week. A total of 2,522,971 scrips were traded during the week, which is 15.88 less than the previous week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Chilime Hydropower Company topped the stock market in terms of transaction amount, while National Hydro Power Company led the market in trading highest numbers of transactions.</div>
<div>
	&nbsp;</div>
<div>
	Among the sub-indices, the Insurance sector increased highest by 36.29 points closing at 1272.09. Hydropower, Development Bank and Hotel sectors also observed increment by 12.7, 4.05 and 3.21 points respectively. Bank sector&rsquo;s index decreased highest by 6.07 points. The Others and Finance sectors&rsquo; indices also fell 5.87 and 0.03 point respectively. Trading and Manufacturing sector sub-indices remained unchanged.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The share value of 52 companies increased, while the value of 58 declined. There were no changes in the value of the shares of 28 companies.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/sectors(5).jpg" style="width: 500px; height: 377px; margin-left: 20px; margin-right: 20px;" /></div>
<div>
	<hr />
	<p>
		<span style="font-size:14px;"><strong>Nepse up by 0.18 point</strong></span></p>
</div>
<div>
	Nepse index increased 0.18 point with closing at 550 on Sunday (September 15).Shares of 111 companies were traded in the market through 2056 transactions amounting to Rs 135.57 million on the first day of the share market for this week.</div>
<div>
	&nbsp;</div>
<div>
	Banking, Hotels and Insurance sectors&rsquo; sub-indices increased, while Development Banks, Hydropower, Finance and Others sectors&rsquo; observed a decline. Insurance sector sub-index increased the most by 14.37 points with closing on 1286.46. Hydropower plunged lowest by 2.92 points with closing at 1314.77. &nbsp; &nbsp;The share price of Purnima Bikas Bank Ltd increased the most by Rs 7 with closing price at Rs 105, while the price of Swarojgar Laghu Bitta Bikas Bank Ltd decreased the lowest by Rs 21 with closing price of Rs 322.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '2013-09-23',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'The Nepal Stock Exchange index slumped 2.19 points last week to close at 549.82 on Thursday (September 12). The Nepse had closed at 552.01 on last Sunday (September 8).',
			'sortorder' => '1692',
			'image' => null,
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	(int) 4 => array(
		'Article' => array(
			'id' => '1830',
			'article_category_id' => '202',
			'title' => 'A Family Guy, Tech Savvy And A Traveler',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>--By Upashana Neupane&nbsp;</strong></div>
<div>
	&nbsp;</div>
<div>
	<img alt="Anoop Ranjan Bhattarai," src="/userfiles/images/arj.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 208px;" />Anoop Ranjan Bhattarai, Deputy Managing Director, Wireless Telephone Directorate, Nepal Telecom, defines himself as an active and well informed person, which he think is important in this fast changing global scenario. A tech savvy Bhattarai always keeps himself updated from Worldwide Telecom Trends through internet.</div>
<div>
	&nbsp;</div>
<div>
	A compulsive worker Bhattarai, loves his work and does not mind working from home and, if required, during off hours too. He says, &ldquo;The important thing is that everything should be moving at work whether you are inside office or not.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Despite being a workaholic, Bhattarai doesn&rsquo;t give his family a chance to complain either. Out of his busy schedule he balances his time well between his family and office. &ldquo;I keep the weekend strictly for my family and in the weekdays I try not to miss the family engagements,&rdquo; he shares.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;In most of the weekends, I like to take my family around the outskirts of Kathmandu for a ride, lunch or to dine,&rdquo; he says.</div>
<div>
	&nbsp;</div>
<div>
	Though a complete family man, Bhattarai is not confined within those parameters. He is a big time traveler too. &ldquo;I just love travelling,&rdquo; he says. As a part of his job, Bhattarai have done lot of trekking in Nepal and thoroughly enjoyed every moment as he remembers.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;I have to travel around Nepal and abroad as part of my work and I make it a point to know more about the place and try to explore it during such trips,&rdquo; he shares. Bhattarai have travelled many countries in the world and whenever he gets to travel abroad he makes sure to spare few days to visit adjoining cities or countries. He rates Thailand and Singapore as his favorite holiday destinations primarily because of the hassle free visa, short travelling time and reasonable cost.</div>
<div>
	&nbsp;</div>
<div>
	Out of many places, Bhattarai&rsquo;s some memorable trips are to Rome, Cairo and the Interstate Highway through the Rocky Mountains and the coastal highway in the US. &ldquo;I try to keep sea in my vacation itinerary. I like beaches and beauty of sea,&rdquo; he says. &ldquo;I am ready to spend all my savings on travelling.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	When asked which place in Nepal he loves to visit again, he says, &ldquo;It&rsquo;s Pokhara, because of its serenity.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Bhattarai is a sport lover too and Football, Table Tennis, Cricket, Badminton and Lawn Tennis are the game he used to play but enjoys swimming more. &ldquo;If I have time I don&rsquo;t mind spending the whole day in a swimming pool,&rdquo; he shares.</div>
<div>
	&nbsp;</div>
<div>
	As his passion towards the web world, he said, Viber, Wechat, Whats app, Line, Tango etc have became a part of his life.</div>
<div>
	&nbsp;</div>
<div>
	Bhattarai believes that holidays are very important to re-energise a person. &ldquo;After a hectic schedule throughout the week, I feel even two days&rsquo; weekend would increase productivity in the office. We should implement two-day weekend in office which has proved to be the right thing to do from worldwide practice.&rdquo;</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Anoop Ranjan Bhattarai, Deputy Managing Director, Wireless Telephone Directorate, Nepal Telecom, defines himself as an active and well informed person, which he think is important in this fast changing global scenario. A tech savvy Bhattarai always keeps himself updated from Worldwide Telecom Trends through internet.',
			'sortorder' => '1691',
			'image' => null,
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	(int) 5 => array(
		'Article' => array(
			'id' => '1829',
			'article_category_id' => '198',
			'title' => 'Pashupati’s Colourful Journey',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Bhawani Timilsina&nbsp;</strong></div>
<div>
	&nbsp;</div>
<table align="right" border="0" cellpadding="1" cellspacing="1" style="float: right; margin: 0px 0px 10px 10px;">
	<tbody>
		<tr>
			<td>
				<img alt="Shailendra Kumar Sitaula Country Manager, Sales and Marketing Pashupati Paints Pvt Ltd" src="/userfiles/images/sks%20(Copy).jpg" style="border-width: 0px; border-style: solid; width: 200px; height: 207px;" /></td>
		</tr>
		<tr>
			<td bgcolor="#FFFFFF">
				<div align="center">
					<div>
						<strong>Shailendra Kumar Sitaula</strong></div>
					<div>
						Country Manager, Sales and Marketing</div>
					<div>
						Pashupati Paints Pvt Ltd</div>
				</div>
			</td>
		</tr>
	</tbody>
</table>
<div>
	Paints add colours of happiness to life. This simple truth makes the tagline of Pashupati Paints, &lsquo;Khusika Rangharu&rsquo; (Colours of Happiness) rather apt. The company claims to be the first in Nepal to meet customers&rsquo; preference in wall colours, &nbsp;and is &nbsp;accredited with ISO 9002:1994, speaks of quality and service by name. &ldquo;The brand has stepped past many milestones and aims at becoming a benchmark for the coatings industry in Nepal,&rdquo; says Ashok Murarka, Director of Pashupati Paints Pvt Ltd.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	When the company was established in 1984, the marketing team had to follow the door-to-door marketing strategy. Today, the company gives advertisements in electronic and print media with popular faces such as Rajesh Hamal for Ex-Coat Plus (premium exterior wall painting) and Miss Nepal 2012 Shristi Shrestha for Luxuria Emulsion Paint. It also sponsors various events.</div>
<div>
	&nbsp;</div>
<div>
	The company&rsquo;s marketing strategy has kept up with the times with fitting taglines such as &lsquo;I Endured So I Won&rsquo; for Ex-Coat Plus, which speaks for the Indian Paint Research Centre certified seven-years warranty the product offers. Similarly, Luxuria Emulsion Paint, a washable interior emulsion paint product that gives a rich, velvety finish is in the market with a tagline that promises &lsquo;Colors of nature come alive&rsquo;. Having worked hard to add novelty to the brand, Murarka believes that branding is a difficult task and that one can always innovate to do better in the path ahead.</div>
<div>
	&nbsp;</div>
<div>
	Another milestone the company has achieved is its impressive Color Bazaar software &lsquo;Kalpana ko Rang&rsquo; (Colours of Imagination) which was launched in 2004. The software provides a preview facility that helps customers picture their homes in the range of colours available, and finalize the one they prefer. &nbsp;One can download the software in a cell phone to have the preview in a mobile set itself. Known as the Smart Paint App, the system includes 1124 colours to choose from. The company also launched the Retail Tinting System in the same year to facilitate colour trials for customers with more than 250 Color Bazaar tinting machines.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The brand Pashupati Paints today includes a wide range of decorative and industrial paints such as exterior and interior emulsion, enamel paints, acrylic distempers, texture paints (exterior and interior), epoxy paints, road marking paints and varnish.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In the three decades of its existence, the brand has been able to deliver the promise of quality as many of its products offer multiple features such as anti-fungal, anti-algal and anti-fading properties; excellent opacity and stain and alkali resistance. &ldquo;It took a long time to win the trust of the people and make them believe that a local brand can deliver quality at par with any international one,&rdquo; says Shailendra Kumar Sitaula, Country Manager of Sales and Marketing. &ldquo;The range of products and colours we offer are our brand strength. We are also accessible to all classes as our products have a good range in price,&rdquo; he assures.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	With an ultimate goal of offering quality products, the company keeps abreast with the latest paint technology and innovation that keeps them competent with multinational products. The marketing team of the company also has a well established supply chain system and dealer network to reach out to its vast customer base. The company also fulfils its corporate social responsibility (CSR) to increase brand power. Among many other activities, it was the one that painted the national stadium in the year 2011/12.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '2013-09-23',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Pashupati Paints has been at par with multinational brands, proving high competence in Nepali business',
			'sortorder' => '1690',
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	(int) 6 => array(
		'Article' => array(
			'id' => '1828',
			'article_category_id' => '100',
			'title' => 'Tourism Briefs (16 - 22 September 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>World&rsquo;s Highest Airport to Open in Tibet&nbsp;</strong></span></div>
<div>
	<img alt="World’s Highest Airport to Open in Tibet" src="/userfiles/images/tibet%20(Copy).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 138px;" />The world&rsquo;s highest civilian airport will commence operations in a Tibetan prefecture in China&rsquo;s Sichuan province from September 16, officials said today. Located at 4,411 metres above sea level, the airport in Daocheng Yading county, Garzi Tibetan Autonomous Prefecture will drastically cut the travel time between the county and the provincial capital of Chengdu from two days by bus to 65 minutes by air, according to the prefecture tourism bureau. The new airport will surpass the current record held by Bangda Airport which is also located in Tibet at 4,334 metres. It will be the sixth airport in the Himalayan region. The new airport at Daocheng will initially operate a daily route from Chengdu. The cost of a one-way ticket will be 1,600 yuan (USD 259), state-run Xinhua news agency reported. Routes connecting Daocheng with Chongqing Municipality, a southwest Chinese business hub and Maerkang County, capital of Sichuan&rsquo;s Aba Tibetan-Qiang Autonomous Prefecture are expected to open before October 1. (news.yahoo.com)&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>IATO Discusses Tourism Growth</strong></span></div>
<div>
	&nbsp;</div>
<div>
	<img alt="IATO Discusses Tourism Growth" src="/userfiles/images/iato%20(Copy).jpg" style="width: 500px; height: 205px;" /></div>
<div>
	&nbsp;</div>
<div>
	The 29th annual convention of the Indian Association of Tour Operators (IATO) kick-started on September 8 with a record 1,496 delegates in Kochi, Kerala. The convention with the theme Tourism &ndash; Innovation and Partnership was inaugurated by Kerala&rsquo;s Chief Minister Oommem Chandy, along with Minister of State (IC) for Consumer Affairs in India, K V Thomas, Minister of State for Civil Aviation, K C Venugopal, Kerala&rsquo;s Tourism Minister P Anil Kumar and other senior officials. In his Presidential address, Subhash Goyal, President of IATO talked about this year&rsquo;s convention theme &lsquo;Indian Tourism &ndash; Innovations and Partnerships&rsquo;. &ldquo;Indian Tourism needs special efforts to have visa relaxation, improved infrastructure, look for new markets like Brazil and Africa etc. Air connectivity and budget hotels are the need of the hour to make India competitive,&rdquo; he said. (Traveldailymedia.com)</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>NYC&rsquo;s Most Expensive Hotel Rooms Revealed</strong></span></div>
<div>
	<img alt="NYC" src="/userfiles/images/nyc.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 125px;" />New York City&rsquo;s most expensive hotel room goes for a whopping $40,000, and that&rsquo;s a per-night rate. A new report from NewYorkHotels.org revealed this startling discovery when it established the 10 most expensive hotel suites in Manhattan. The average rate at each establishment throughout the month of September served as the determining factor in coming up with the rankings. &nbsp;</div>
<div>
	1. <span class="Apple-tab-span" style="white-space:pre"> </span>Ty Warner Penthouse (Four Seasons Hotel) $40,000&nbsp;</div>
<div>
	2. <span class="Apple-tab-span" style="white-space:pre"> </span>The Presidential Suite (St. Regis) $35,000</div>
<div>
	3. <span class="Apple-tab-span" style="white-space:pre"> </span>Royal Plaza Suite (The Plaza) $30,000</div>
<div>
	4. <span class="Apple-tab-span" style="white-space:pre"> </span>The Peninsula Suite (The Peninsula) $24,000</div>
<div>
	5. <span class="Apple-tab-span" style="white-space:pre"> </span>The Tata Suite (The Pierre) $20,000</div>
<div>
	6. <span class="Apple-tab-span" style="white-space:pre"> </span>Presidential Suites (Mandarin Oriental) $18,000</div>
<div>
	7. <span class="Apple-tab-span" style="white-space:pre"> </span>Tower Royal Suite (New York Palace) $15,000</div>
<div>
	8. <span class="Apple-tab-span" style="white-space:pre"> </span>Empire Suite Duplex (The Carlyle) $15,000</div>
<div>
	9. <span class="Apple-tab-span" style="white-space:pre"> </span>Royal Suite (The Ritz-Carlton) $14,000</div>
<div>
	10. <span class="Apple-tab-span" style="white-space:pre"> </span>2-BR Penthouse (Trump SoHo) $10,000 &nbsp;</div>
<div>
	(Traveldailynews.com)</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate 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 world’s highest civilian airport will commence operations in a Tibetan prefecture in China’s Sichuan province from September 16, officials said today.',
			'sortorder' => '1689',
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	(int) 7 => array(
		'Article' => array(
			'id' => '1827',
			'article_category_id' => '99',
			'title' => 'Qatar Partners With British Airways On Frequent Flyer Programme',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Qatar Airways has announced an immediate partnership with British Airways between the airlines&rsquo; frequent flyer programmes. Qatar Airways Privilege Club members and British Airways Executive Club members are now able to earn miles, and can begin redeeming miles as of 1st October 2013 on each other&rsquo;s flights.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to Qatar Airways, Privilege Club is way of thanking the customers for choosing to fly with the airline. &ldquo;The benefit partnering with British Airways brings to our customers is the added opportunity to earn Qmiles,&rdquo; said Akbar Al Baker, Qatar Airways Chief Executive Officer. &nbsp;Privilege Club members may redeem their Qmiles for award tickets, excess baggage or merchandise through Qatar Duty Free or Oryx Galleria in Doha. &ldquo;This Frequent Flyer Programme partnership also gives British Airways customers an opportunity to attain credit for destinations throughout the entire Qatar Airways network,&rdquo; added Al Baker. &nbsp;</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Qatar Airways has announced an immediate partnership with British Airways between the airlines’ frequent flyer programmes. Qatar Airways Privilege Club members and British Airways Executive Club members are now able to earn miles, and can begin redeeming miles as of 1st October 2013 on each other’s flights.',
			'sortorder' => '1688',
			'image' => null,
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	(int) 8 => array(
		'Article' => array(
			'id' => '1826',
			'article_category_id' => '99',
			'title' => 'Adhikari Wins NPGA Q-School',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Bikash Adhikari registered one-shot victory over Tirtha Poudel in the Surya Nepal Golf Tour NPGA Qualifying School at the par-67 Royal Nepal Golf Club on Thursday. Bikash played seven-over 74 on the final round for a total score of 18-over 219, while Tirtha shot eight-over 75 for a total of 19-over 220.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Ashish Pariyar finished third at 222. Bhuwan Pudasaini was fourth at 223 and Gyanendra Bahadur Raut came fifth at 227. The top five players received pro cards for the Surya Nepal Golf Tour.</div>
<div>
	&nbsp;</div>
<div>
	Adhikari took the turn at one-over 34 that included birdies on the fifth and sixth holes. He added six-over 40 on the back nine. Second-placed Poudel played four-over 37 on the front nine and shot another four-over 38 on the back nine. Likewise, Pariyar took the turn at four-over 37 and faltered to six-over 40 on the back nine. The top three also earned Rs 5,000, Rs 4,000 and Rs 3,000 respectively.</div>
<div>
	&nbsp;</div>
<div>
	Sunil KC, Sujan Roka, Surya Manandhar, Shiva Ram Poudel and Bhimsen Chaulagain came in top 10. A total of 22 players, including NPGA President Rabindra Man Shrestha took part in the three-day tournament played over 54 holes.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Bikash Adhikari registered one-shot victory over Tirtha Poudel in the Surya Nepal Golf Tour NPGA Qualifying School at the par-67 Royal Nepal Golf Club on Thursday. Bikash played seven-over 74 on the final round for a total score of 18-over 219, while Tirtha shot eight-over 75 for a total of 19-over 220.',
			'sortorder' => '1687',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '1825',
			'article_category_id' => '99',
			'title' => 'SC Upholds Nirola As NTB’s Acting CEO',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<img alt="Subash Nirola" src="/userfiles/images/ntb%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 150px; height: 191px;" />The single bench of Acting Chief Justice of Supreme Court Damodar Prasad Sharma upheld the decision to appoint Subash Nirola as Nepal Tourism Board&rsquo;s Acting CEO last Monday. The decision was made earlier by the 187th Meeting of Executive Committee of NTB on July 15, 2013. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In the verdict, Sharma also revoked the decision made by Appellate Court Patan on August 25, 2013. The Appellate Court had ordered NTB Executive Committee not to implement its decision to appoint Nirola as the Acting CEO. With this decision, Nirola now becomes the Acting CEO of NTB. With this appoint, he has now also become the Member Secretary of NTB.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;Prior to this, Nirola had been working in the capacity of Officiating Chief Executive Officer of NTB. Nirola joined NTB as a Director in 2000 and was the senior most Directors prior to being appointed as Officiating CEO.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate 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 single bench of Acting Chief Justice of Supreme Court Damodar Prasad Sharma upheld the decision to appoint Subash Nirola as Nepal Tourism Board’s Acting CEO last Monday. The decision was made earlier by the 187th Meeting of Executive Committee of NTB on July 15, 2013.',
			'sortorder' => '1686',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
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			'user_id' => '0'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '1824',
			'article_category_id' => '99',
			'title' => 'Made-in-Pakistan Exhibition Kicks Off',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent&nbsp;</strong></div>
<div>
	&nbsp;</div>
<div>
	The fourth edition of Made in Pakistan exhibition kicked off on Wednesday in the capital at United World Trade Centre, Tripureshwor. Jointly organized by Rawalpindi Chamber of Commerce and Industry (RCCI) and Embassy of Pakistan in Kathmandu, the exhibition is focused on showcasing various Pakistani products&nbsp;</div>
<div>
	in Nepal.</div>
<div>
	&nbsp;</div>
<div>
	Inaugurating the exhibition, Minister of Finance, Shankar Koirala stressed on the necessity of expansion of bilateral relations between Nepal and Pakistan. &ldquo;Nepal and Pakistan share very cordial relations, but the trade volume between these countries is still very low,&rdquo; Koirala added.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;These sorts of event will help to renew and optimize our bilateral relations and we promise to organize such programmes in Pakistan with collaboration with the private sector of Nepal.&rdquo; Koirala said.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The seven-day (September 11-17) long expo has 45 stalls showcasing Pakistani products like wooden furniture, textile products, garments, leather jackets, footwear, artificial jewelries and handicrafts among others.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Arshed Saud Khosa, Ambassador of Pakistan to Nepal said that this exhibition is a good opportunity to introduce new products to large number of people and it helps in enhancing the goodwill between two countries which is the main reason behind this exhibition.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Calling upon the Nepali business community to organize such events in Pakistan, ambassador Khosa said,&nbsp;</div>
<div>
	&ldquo;We look forward to develop continuous business exchange between two countries.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Himalaya SJB Rana, Chairman of Pakistan-Nepal Federation said that the exemplary relation between two nations has yet to be turned to an exemplary trade relationships. Former Ambassador of Nepal to Pakistan, Bal Bhadra Kunwar also emphasized on the importance of the exhibition. Kunwar said that Nepal is looking forward for the Pakistani investors to come to invest in Nepal and further extend the trade relations to a greater height.</div>
<div>
	&nbsp;</div>
<div>
	There are 45 stalls and more than a group of 75 businessmen from Pakistan participating in the fair. The fair is expecting around 70, 000 visitors.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate 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 fourth edition of Made in Pakistan exhibition kicked off on Wednesday in the capital at United World Trade Centre, Tripureshwor. Jointly organized by Rawalpindi Chamber of Commerce and Industry (RCCI) and Embassy of Pakistan in Kathmandu, the exhibition is focused on showcasing various Pakistani products 
in Nepal.',
			'sortorder' => '1685',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
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		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '1823',
			'article_category_id' => '152',
			'title' => 'Focus Briefs (16 - 22 September 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Luring Customers: Sops at NADA Auto Show</strong></span></div>
<div>
	The coming festival season will be more joyful with various schemes and offers brought by automobile dealers at NADA Auto Show 2013. The customers have collected various gift hampers along with the products at the auto show.</div>
<div>
	&nbsp;</div>
<div>
	HH Bajaj has come out with a scheme entitled Bajaj Dashavatar &lsquo;10 Jana Ko Ferinecha Aavatar&rsquo;. Company said that there will be 10 weekly bumper prizes of Rs 1 million each sure-shot cash prize of Rs 5,000- Rs 100,000. There will also be a weekly lucky prize of Rs 1 million.</div>
<div>
	&nbsp;</div>
<div>
	Syakar Trading Company has come up with Honda Lifestyle Upgrade Offer. This scheme enables buyers to win a Honda Brio car as a bumper prize on purchase of any Honda two-wheeler. Lucky buyers can win 1 tola gold weekly, cash discounts of Rs 4,000-100,000 through a scratch card and free servicing for up to five years and a 10 percent discount on spare parts. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, MAW Enterprises has come up with a scheme entitled Wajandaar on Yamaha two-wheelers. Under this scheme, customers will get a scratch coupon with a chance to win a discount ranging Rs 5,000 to Rs 1 00,000. Also, a customer selected through a lucky draw will win silver equivalent to his or her weight.</div>
<div>
	&nbsp;</div>
<div>
	Mahindra has introduced &lsquo;Hello Dashain Offer&rsquo; under which customers will get Samsung phone worth Rs 12,790. Similarly for Pantero, a 22-inches Asano LED TV is on offer. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Maruti-Suzuki will be giving away an Apache RTR 180/160 or TVS Wego scooter under its offer named Bada Dashain Tihar Ko Maha Offer-Gadi Kinda Bike Upahar, &lsquo;Nagad Chutma Ramau Pariwar&rsquo;.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Tata Motors has provided discount ranging from Rs 115,000 to Rs 285,000 under its offer entitled Sandaar Discount Damdaar-Yesto Gajjab Ko Offer, Dincha Sabailai Takkar.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">Honda Activa- I Launched</span></strong></div>
<div>
	<img alt="Honda Activa- I Launched" src="/userfiles/images/fsc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 140px;" />SYAKAR Trading Company, the authorized distributor of Honda two-wheelers in Nepal introduced the New Honda Activa-I scooter at NADA Auto show 2013. Introduced by singer Nima Rumba and actress Richa Sharma, the scooter came in the market for price of Rs 150, 900. The new activa-I uses and air cooled, 109.2cc engine and produces 8 bhp of power at 7,500 rpm and 8.74 nm of torque at 5,500 rpm. It features combi-brake system (CBS) which reduces braking distance by 24 percent compared to conventional brakes. It also &nbsp;has tubeless tyres, maintenance free battery and air filter.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>&ldquo;RAY Z&rdquo; Yamaha&rsquo;s Second Scooter Launched</strong></span></div>
<div>
	Yamaha-RAY Z was launched in scooter segment at the NADA Auto Show 2013. Goodwill brand ambassador of RAY, Namrata Sherstha and Managing Director of MAW Vishnu Kumar Agrawal jointly revealed the scooter. According to the company, the vehicle is developed to target young males and female with the concept of aggressive sporty design. The new model adopts air cooled 115 cc 4 stroke engine with smooth start up acceleration and good pick up, SOHC, 2 valve, single cylinder petrol engine that generates maximum power of 7 bhp at 7500 rpm and 8.1 nm torque at 5500 rpm. The model provides a mileage of 53 km per liter.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '2013-09-17',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'The coming festival season will be more joyful with various schemes and offers brought by automobile dealers at NADA Auto Show 2013. The customers have collected various gift hampers along with the products at the auto show.',
			'sortorder' => '1684',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
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	),
	(int) 12 => array(
		'Article' => array(
			'id' => '1822',
			'article_category_id' => '153',
			'title' => 'Nepal Emerging As A Global Auto Hub',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Suraksha Adhikari&nbsp;</strong></div>
<div>
	&nbsp;</div>
<div>
	With the expansion of the automobile market in Nepal, the possibilities of employment opportunities have also grown. Along with the gradual development of road and transportation facilities in Nepal, the growing business of automobiles and its spare parts, automotive oils and other products used in automobiles have been able to sustain the commercial growth and promotion of the national economy of Nepal.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Focusing on the booming automobile market that had been on a downward spiral for the past three years, Nepal Automobile Dealers Association (NADA) in association with the Global Exposition and Management Services (GEMS), an event organizing company, organized the &lsquo;NADA Auto Show 2013&rsquo; to promote Nepal as a good market for automobile business.</div>
<div>
	&nbsp;</div>
<div>
	The auto show, which concluded last week, showcased the passenger car, two and four- wheelers, tyres and tubes, components and sub-assembly accessories, off-road vehicles, tractors and farm equipment batteries, environment and safety equipments, &nbsp;air-conditioning, trucks and bus lubricants, auto finance, auto insurance, garage equipment and auto paints.</div>
<div>
	&nbsp;</div>
<div>
	A total of 69 exhibitors, including local as well as international brands, displayed their products and services in 100 stalls. Automobile companies from Nepal, India, China, Korea, Japan, USA, Germany and Czech Republic, among others participated in the event. The auto show this year had different sections for two-wheelers, four-wheelers and commercial vehicles to cater to the need of segmented as well as general visitors.</div>
<div>
	&nbsp;</div>
<div>
	Inaugurating the Auto Show 2013, Finance Minister Shanker Prasad Koirala said the fair could help boost the transportation sector, which is considered an essential component for improving an economy. &ldquo;The government is considering revising the customs duty on the vehicle imports following the commitment at SAFTA and World Trade Organization,&rdquo; Koirala added. He said that in spite of a lot of possibilities in the automobile industry in Nepal, this sector has not improved as expected and government is ready to support this sector.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;Visitors are seen as attracted by hatchbacks as compared to any other segment of four-wheelers,&rdquo; said Shekhar Golchha, President of NADA. &ldquo;The small car segment appeals to many as it is easier to navigate through the narrow and crowded traffic of Kathmandu, not to mention to cope with the dearth of parking space,&rdquo; he added. Golchha emphasized on the preference of small cars because of jerky roads all over the valley. &ldquo;These small cars are ideal to drive in the bumpy roads of Kathmandu valley and for those who are buying a car for the first time. New brands of cars are preferred by those who change their cars frequently but the demand of small cars is higher.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong><img alt="" src="/userfiles/images/fcs1%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 300px; height: 269px;" />The Current Market&nbsp;</strong></span></div>
<div>
	According to Gopi Krishna Neupane, General Secretary of NADA, the market of automobiles has increased significantly than in the previous fiscal year. &ldquo;We have almost all international brands in our Nepali market including Nepali products,&rdquo; Neupane said. &ldquo;Sales have improved this year though it had significantly dropped in the previous years. Sales of both four-wheelers and two-wheelers had gone down last year.&rdquo;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to data provided by the Department for Transport Management, 208,500 units of vehicles were sold in Nepal in the fiscal year 2012/13 which is an increment of 28, 000 units from the previous fiscal year. Only 1, 70, 000 units of vehicles were sold in the fiscal year 2011/12.</div>
<div>
	&nbsp;</div>
<div>
	Neupane added, &ldquo;Around 50 national and international companies are present in Nepal and are dealing in automobiles, providing employment to around 1.7 million people.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Golchha said that the annual transaction of the automobiles in Nepal has crossed over Rs 50 billion, which is encouraging the people working in the industry.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong><img alt="" src="/userfiles/images/fcs2%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 250px; height: 313px;" />Problems and Challenges</strong></span></div>
<div>
	Transportation has always played an important role in the economic and social development of any state. &ldquo;But business in Nepal has been directly hindered by the massive customs duty on the import of vehicles,&rdquo; said Golchha. He also pointed out the increment of 5 per cent excise duty while entrepreneurs try to reduce the customs duty which has pushed this business backwards. He also complained about the high fuel price, the crude manner in which prices of spare parts are fixed at customs offices, and problems created through the open border as major problems facing the country&acute;s automobile sector. &ldquo;Nepal has been levying 241 percent duty, including excise duty, customs tax and VAT on four-wheelers and 80 percent on two-wheelers. This is the highest imposition of tax on automobiles in the world,&rdquo; he added.</div>
<div>
	&nbsp;</div>
<div>
	Other major challenges include transportation hurdles and traffic management. Pradip Pradhan, member of NADA, said that the government&rsquo;s categorizing automobiles in the luxury segment has hindered the growth of the sector. &ldquo;Automobiles are essential for the growth of the economy but the government&rsquo;s negligence towards this sector has been a main factor that has held it back,&rdquo; Pradhan mentioned.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Future Prospects&nbsp;</strong></span></div>
<div>
	The auto dealers in Nepal are focusing towards the expansion of this market. Lately, new brands of automobiles are being introduced to the Nepali market on a weekly basis. Auto dealers are experiencing tough competition in introducing user friendly two and four- wheelers in the market. However, along with the rise of 25 per cent in sales, positive signs are emerging to indicate that the future of automobiles in Nepal is not dark.</div>
<div>
	&nbsp;</div>
<div>
	According to Neupane, &ldquo;99.5 per cent of Nepalis do not have access to four-wheelers. With a population of 26.4 million and the number of four-wheel vehicles around 1.5 million, we arrive at the ratio of five families to one vehicle. Based on this data, there are a lot of possibilities for the automobile market in Nepal. &ldquo;Only the market of Kathmandu valley does not depict the extent of the automobile market here; there are 73 districts in Nepal facilitated by motor ways. This shows that the market is growing outside of the valley too,&rdquo; he said.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/fcs3.jpg" style="width: 550px; height: 233px; margin-left: 20px; margin-right: 20px;" /></div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '2013-09-23',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'With the expansion of the automobile market in Nepal, the possibilities of employment opportunities have also grown. Along with the gradual development of road and transportation facilities in Nepal, the growing business of automobiles and its spare parts, automotive oils and other products used in automobiles have been able to sustain the commercial growth and promotion of the national economy of Nepal.',
			'sortorder' => '1683',
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	(int) 13 => array(
		'Article' => array(
			'id' => '1821',
			'article_category_id' => '154',
			'title' => 'Learning Curve News In Brief (16 - 22 September 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>SLC Supplementary Results</strong></span></div>
<div>
	The Office of the Controller of the Examination (OCE), Sanothimi published the results of SLC Supplementary exam-2069 on last Monday. Out of 111,724 examinees, 67,051 students have passed the Iron Gate which is 60 percent of the total strength. Among them, 34,143 are boys and 32,908 are girls, according to Examination Controller Khag Raj Baral. The examinations were held in the month of August in 2013. The results can be viewed at www.slcresult.soce.gov.np, www.soce.gov.np and www.slc.ntc.net.np.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>TU Students Can Now See Their Answer Sheets</strong></span></div>
<div>
	Tribhuvan University has finally decided to allow students to see their answer sheets after the publication of their exam results. This comes after two years of Supreme Court&rsquo;s order to this effect. The Executive Council meeting of the University led by Chairman of the Interim Election Government Khil Raj Regmi last Monday amended its regulation as per the apex court order to allow students to see their answer sheets if they are not satisfied with their marks. The verdict was made on the basis of the provisions of Article 27 of Interim Constitution 2007 and Right to Information Act 2007. Now onwards, students who are not satisfied with their examination marks can see attested copies of their answer sheets after paying specified fee.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Best Teachers Award</strong></span></div>
<div>
	Shankar Lal Shrestha, headmaster at the Kuti Danda Secondary School of Dolakha, and Sonam Dolma Lama, teacher at Kyul-based Yangimara Boarding School of Sindhupalchok are conferred with PP Prasain Foundation Best Teacher Award for introducing children-friendly teaching methodologies in remote areas. Minister for Education Madhav Poudel presented the award to the teachers. On the occasion, Lama announced that she would donate Rs 10,000 of the cash prize to the school where she has been teaching.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Outstanding Students Awarded</strong></span></div>
<div>
	President Dr Ram Baran Yadav and Interim Election Government Chairman Khil Raj Regmi conferred awards on September 8 to the students for their outstanding performance in the last fiscal year. Total 248 individuals were awarded with Nepal Bidhyabhusan honours and certificates for completing their PhDs from various universities in and outside the country. He felicitated 152 PhD graduates with Nepal Bidhyabhusan &lsquo;A&rsquo; and a certificate. &lsquo;B&rsquo; grade honour was conferred to 58 Masters&rsquo; degree students for securing highest scores and 20 students were feted with &lsquo;C&rsquo; grade honour for securing top scores in Bachelors&rsquo; degrees. Similarly, 13 girl students obtaining highest marks in Bachelor-level examinations and six students who secured highest scores at the intermediate level were honoured with &lsquo;Nepal Girl Students Bidhya Award&rsquo;.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Scholarships now from Bank</strong></span></div>
<div>
	Department of Education is giving scholarships to students through bank from now onwards. The step has been taken to reduce the irregularities in scholarships distribution in secondary level of community schools. A secondary level scholarship student of community school receives Rs 1,700 monthly. According to the new provision, District Education Office will deposit the amount in students&rsquo; account. Students who are under 16 can open their account under the patronage of their guardians. Government is providing 16 various types of scholarships from primary to higher secondary education.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate 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 Office of the Controller of the Examination (OCE), Sanothimi published the results of SLC Supplementary exam-2069 on last Monday.',
			'sortorder' => '1682',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	(int) 14 => array(
		'Article' => array(
			'id' => '1820',
			'article_category_id' => '155',
			'title' => 'BSCCSIT: Applicable To Generate Global Manpower',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><img alt="Prof Dr Subarna Sakya " src="/userfiles/images/pss.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 257px;" />Prof Dr Subarna Sakya is the Assistant Dean at the Institute of Engineering (IOE) and Professor of Computer and Electronics Department. He is also one of the course designers of Bachelor of Science in Computer Science and Information Technulogy (B.Sc.CSIT), at Tribhuvan University (TU). He shares his experiences with Ashok Poudel and Bishwas Regmi of The Corporate. <strong>Excerpt:</strong></span></div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">What are reasons behind the student&rsquo;s getting attracted more towards B.Sc.CSIT course in the recent times?</span></strong></div>
<div>
	Information Technology (IT) course has become one of the most preferred among the students because of its importance in our daily life. It is the area where the market is booming with job opportunities. Today&rsquo;s youngsters and students are well informed and they want to pursue specialized courses where job prospects are high. We are also providing internship during their final year of the course. It will help them to get accustomed with the work atmosphere.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">How successful are the colleges in providing this cousre?</span></strong></div>
<div>
	We have revised the course, seeking help from the experts, with an aim to provide professional learning environment. Lack of experienced teachers has created a major problem in putting the idea into practice. The new course was structured while keeping in mind about the new trend and work culture globally. This will help our students in getting internship in the industry. Similarly, the colleges are also imparting project-based education nowadays.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">In what ways is the B.Sc.CSIT different from other IT and computer science related courses?</span></strong></div>
<div>
	Basically, IT courses are designed to give knowledge about practical application along with theoretical knowledge while computer science course gives theoretical knowledge only. Unlike other courses B.Sc.CSIT offers education on both IT and computer science at the same time. &nbsp;It will equip students with both theoretical and practical knowledge.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">There is a huge disappointment among the students that most of the courses in TU do not include practical education. Why?</span></strong></div>
<div>
	It is unfair to say that the TU courses have failed to include practical education. The colleges are having problem in connecting with the companies. It seems that the companies are not willing to take students for internship. Unless these students get an opportunity, the chances of generating skilled manpower will be very less. The company should understand that they will get benefitted from our students during their placement.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">How relevant is the course in the Nepali market?</span></strong></div>
<div>
	The B.Sc.CSIT course is applicable to generate global manpower, useful everywhere, be it in Nepal or any part in the world. The course is not only relevant to the domestic market but is meant for creating skilled manpower needed across the world.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">How can the course be improved to make it practical in all ways?</span></strong></div>
<div>
	The course equally emphasizes on both practical and theoretical knowledge. The concerned authorities must monitor whether the colleges have appropriate laboratory facility or not. The colleges should organise lecture as well as interactive session with the employees of relevant sector.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">What are your suggestions to the students aspiring to pursue this course?</span></strong></div>
<div>
	Students must be sincere towards the subject they are going to study. They should be well informed about practical application of the course after finishing it. They should concentrate on learning the skill from the ground level rather than focusing only on &nbsp;getting high score.&nbsp;</div>',
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			'description' => 'Prof Dr Subarna Sakya is the Assistant Dean at the Institute of Engineering (IOE) and Professor of Computer and Electronics Department. He is also one of the course designers of Bachelor of Science in Computer Science and Information Technulogy (B.Sc.CSIT), at Tribhuvan University (TU).',
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Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
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		'Article' => array(
			'id' => '1834',
			'article_category_id' => '109',
			'title' => 'Telia Sonera To Sell Hello Mobile Shares',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	TeliaSonera, a parent company of Ncell, will sell Nepal Satellite Telecom&rsquo;s share, operator of &lsquo;Hello Mobile&rsquo;, to an American company due to regulatory reasons.</div>
<div>
	&nbsp;</div>
<div>
	In 2012, TeliaSonera had bought 57 per cent of shares from Nepal Satellite Telecom. In a press statement issued on September 11, TeliaSonera informed that they are going to sell the shares to an American company Zhodar Investment, which is based in British Virgin Islands. The selling process of the shares will be completed within a month, reads the press release.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;Over the past year, uncertainty regarding regulatory and legal environment for consolidation and granting of licenses in Nepal has increased. Pursuing an acquisition of Nepal Satellite is therefore not possible for regulatory reasons,&rdquo; the statement read.</div>
<div>
	&nbsp;</div>
<div>
	TeliaSonera, with 10 million subscriptions, has incurred a loss of nearly 400 million Swedish kronor, which is approximately Rs 6.19 billion.</div>
<div>
	&nbsp;</div>
<div>
	The company has said that the agreement will enable it to concentrate on Ncell, which reduces the business risk and complexity of its total involvement in Nepal.</div>',
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			'description' => 'TeliaSonera, a parent company of Ncell, will sell Nepal Satellite Telecom’s share, operator of ‘Hello Mobile’, to an American company due to regulatory reasons.',
			'sortorder' => '1695',
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			'article_category_id' => '109',
			'title' => 'Customs Duty On Gold Hiked By 44pc',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	The government has hiked the import duty of the gold by 44 percent. According to Chief Secretary Leela Mani Poudyal, the meeting of the Council of Ministers held last Friday decided to increase the customs duty of the precious yellow metal to Rs 5,200 per 10-gram. Earlier while unveiling the budget of current fiscal year, the government had hiked the customs duty of the gold by Rs 3,600 per 10 gram. &nbsp;The government made the decision following advice of the traders after the custom of the gold was hiked in India last month.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The bullion price in the domestic market has observed decline in the domestic market last week. According to the Federation of Nepal Gold and Silver Dealers&rsquo; Association (NeGoSiDA), the price of hallmark gold declined by Rs 1,000 last Friday, and reached Rs 55,800 per tola (11.664 gram). NeGoSiDA chairperson Mani Ratna Shakya said that the decline of the gold price at the international market and the Nepali currency getting stronger in comparison to the US dollar are the main reasons behind the&nbsp;</div>
<div>
	fall of gold price.&nbsp;</div>',
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			'created' => '2013-09-17',
			'modified' => '2013-09-17',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'The government has hiked the import duty of the gold by 44 percent. According to Chief Secretary Leela Mani Poudyal, the meeting of the Council of Ministers held last Friday decided to increase the customs duty of the precious yellow metal to Rs 5,200 per 10-gram.',
			'sortorder' => '1694',
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			'id' => '1832',
			'article_category_id' => '109',
			'title' => 'Bid Amount For Reverse Repo Quadrupled',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	Banking and financial institutions bid for securities worth Rs 43.29 billion last Wednesday for a reverse repo held by Nepal Rastra Bank (NRB) worth Rs 10 billion.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to NRB spokesperson Bhaskar Mani Gyanwali, NRB received 174 sealed quotations from 26 banking and financial institutions equal to the aforementioned amount through an auction.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	NRB has said that the weighted average discount rate for the reverse repo has been 0.0642 per cent this time.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	NRB had issued reverse repo twice in a week to mob up excess liquidity from the market. It had issued a reverse repo worth Rs 5 billion on September 5 for the first time in three years. Following the issuance, the Bank had received a bid worth Rs 30 billion.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Over-bidding for the reverse repo indicates excess liquidity and lack of investment opportunity.</div>',
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			'created' => '2013-09-17',
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			'description' => 'Banking and financial institutions bid for securities worth Rs 43.29 billion last Wednesday for a reverse repo held by Nepal Rastra Bank (NRB) worth Rs 10 billion.',
			'sortorder' => '1693',
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		'Article' => array(
			'id' => '1831',
			'article_category_id' => '109',
			'title' => 'Nepse Index Fluctuates Throughout The Week',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Sagar Ghimire</strong></div>
<div>
	&nbsp;</div>
<div>
	The Nepal Stock Exchange index slumped 2.19 points last week to close at 549.82 on Thursday (September 12). The Nepse had closed at 552.01 on last Sunday (September 8).&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepse index had observed an increase in the early trade dropped later in the week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	There was an increment in the index in the first and second days of the week by 5.52 and 0.33 points respectively. However, it declined 4.74 points closing at 547.6 on last Tuesday (September 10) just to increase with a slight margin of 0.86 point on Wednesday (September 11). On the last day (Thursday), the Nepse index increased at 1.36 points.</div>
<div>
	&nbsp;</div>
<div>
	Analysts attribute this fluctuation to the tendency of the investors to sell shares of the companies from which they have already earned profit and buy shares of new companies. During the week, shares of 138 companies were traded through 11,645 transactions worth Rs 972.71 million. The market remained open for five days. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The transaction amount and number of deal are 1.91 per cent and 23.88 per cent higher during the week as compared to the previous week. A total of 2,522,971 scrips were traded during the week, which is 15.88 less than the previous week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Chilime Hydropower Company topped the stock market in terms of transaction amount, while National Hydro Power Company led the market in trading highest numbers of transactions.</div>
<div>
	&nbsp;</div>
<div>
	Among the sub-indices, the Insurance sector increased highest by 36.29 points closing at 1272.09. Hydropower, Development Bank and Hotel sectors also observed increment by 12.7, 4.05 and 3.21 points respectively. Bank sector&rsquo;s index decreased highest by 6.07 points. The Others and Finance sectors&rsquo; indices also fell 5.87 and 0.03 point respectively. Trading and Manufacturing sector sub-indices remained unchanged.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The share value of 52 companies increased, while the value of 58 declined. There were no changes in the value of the shares of 28 companies.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/sectors(5).jpg" style="width: 500px; height: 377px; margin-left: 20px; margin-right: 20px;" /></div>
<div>
	<hr />
	<p>
		<span style="font-size:14px;"><strong>Nepse up by 0.18 point</strong></span></p>
</div>
<div>
	Nepse index increased 0.18 point with closing at 550 on Sunday (September 15).Shares of 111 companies were traded in the market through 2056 transactions amounting to Rs 135.57 million on the first day of the share market for this week.</div>
<div>
	&nbsp;</div>
<div>
	Banking, Hotels and Insurance sectors&rsquo; sub-indices increased, while Development Banks, Hydropower, Finance and Others sectors&rsquo; observed a decline. Insurance sector sub-index increased the most by 14.37 points with closing on 1286.46. Hydropower plunged lowest by 2.92 points with closing at 1314.77. &nbsp; &nbsp;The share price of Purnima Bikas Bank Ltd increased the most by Rs 7 with closing price at Rs 105, while the price of Swarojgar Laghu Bitta Bikas Bank Ltd decreased the lowest by Rs 21 with closing price of Rs 322.</div>
<div>
	&nbsp;</div>',
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			'created' => '2013-09-17',
			'modified' => '2013-09-23',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'The Nepal Stock Exchange index slumped 2.19 points last week to close at 549.82 on Thursday (September 12). The Nepse had closed at 552.01 on last Sunday (September 8).',
			'sortorder' => '1692',
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			'id' => '1830',
			'article_category_id' => '202',
			'title' => 'A Family Guy, Tech Savvy And A Traveler',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>--By Upashana Neupane&nbsp;</strong></div>
<div>
	&nbsp;</div>
<div>
	<img alt="Anoop Ranjan Bhattarai," src="/userfiles/images/arj.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 208px;" />Anoop Ranjan Bhattarai, Deputy Managing Director, Wireless Telephone Directorate, Nepal Telecom, defines himself as an active and well informed person, which he think is important in this fast changing global scenario. A tech savvy Bhattarai always keeps himself updated from Worldwide Telecom Trends through internet.</div>
<div>
	&nbsp;</div>
<div>
	A compulsive worker Bhattarai, loves his work and does not mind working from home and, if required, during off hours too. He says, &ldquo;The important thing is that everything should be moving at work whether you are inside office or not.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Despite being a workaholic, Bhattarai doesn&rsquo;t give his family a chance to complain either. Out of his busy schedule he balances his time well between his family and office. &ldquo;I keep the weekend strictly for my family and in the weekdays I try not to miss the family engagements,&rdquo; he shares.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;In most of the weekends, I like to take my family around the outskirts of Kathmandu for a ride, lunch or to dine,&rdquo; he says.</div>
<div>
	&nbsp;</div>
<div>
	Though a complete family man, Bhattarai is not confined within those parameters. He is a big time traveler too. &ldquo;I just love travelling,&rdquo; he says. As a part of his job, Bhattarai have done lot of trekking in Nepal and thoroughly enjoyed every moment as he remembers.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;I have to travel around Nepal and abroad as part of my work and I make it a point to know more about the place and try to explore it during such trips,&rdquo; he shares. Bhattarai have travelled many countries in the world and whenever he gets to travel abroad he makes sure to spare few days to visit adjoining cities or countries. He rates Thailand and Singapore as his favorite holiday destinations primarily because of the hassle free visa, short travelling time and reasonable cost.</div>
<div>
	&nbsp;</div>
<div>
	Out of many places, Bhattarai&rsquo;s some memorable trips are to Rome, Cairo and the Interstate Highway through the Rocky Mountains and the coastal highway in the US. &ldquo;I try to keep sea in my vacation itinerary. I like beaches and beauty of sea,&rdquo; he says. &ldquo;I am ready to spend all my savings on travelling.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	When asked which place in Nepal he loves to visit again, he says, &ldquo;It&rsquo;s Pokhara, because of its serenity.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Bhattarai is a sport lover too and Football, Table Tennis, Cricket, Badminton and Lawn Tennis are the game he used to play but enjoys swimming more. &ldquo;If I have time I don&rsquo;t mind spending the whole day in a swimming pool,&rdquo; he shares.</div>
<div>
	&nbsp;</div>
<div>
	As his passion towards the web world, he said, Viber, Wechat, Whats app, Line, Tango etc have became a part of his life.</div>
<div>
	&nbsp;</div>
<div>
	Bhattarai believes that holidays are very important to re-energise a person. &ldquo;After a hectic schedule throughout the week, I feel even two days&rsquo; weekend would increase productivity in the office. We should implement two-day weekend in office which has proved to be the right thing to do from worldwide practice.&rdquo;</div>
<div>
	&nbsp;</div>',
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			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Anoop Ranjan Bhattarai, Deputy Managing Director, Wireless Telephone Directorate, Nepal Telecom, defines himself as an active and well informed person, which he think is important in this fast changing global scenario. A tech savvy Bhattarai always keeps himself updated from Worldwide Telecom Trends through internet.',
			'sortorder' => '1691',
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	(int) 5 => array(
		'Article' => array(
			'id' => '1829',
			'article_category_id' => '198',
			'title' => 'Pashupati’s Colourful Journey',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Bhawani Timilsina&nbsp;</strong></div>
<div>
	&nbsp;</div>
<table align="right" border="0" cellpadding="1" cellspacing="1" style="float: right; margin: 0px 0px 10px 10px;">
	<tbody>
		<tr>
			<td>
				<img alt="Shailendra Kumar Sitaula Country Manager, Sales and Marketing Pashupati Paints Pvt Ltd" src="/userfiles/images/sks%20(Copy).jpg" style="border-width: 0px; border-style: solid; width: 200px; height: 207px;" /></td>
		</tr>
		<tr>
			<td bgcolor="#FFFFFF">
				<div align="center">
					<div>
						<strong>Shailendra Kumar Sitaula</strong></div>
					<div>
						Country Manager, Sales and Marketing</div>
					<div>
						Pashupati Paints Pvt Ltd</div>
				</div>
			</td>
		</tr>
	</tbody>
</table>
<div>
	Paints add colours of happiness to life. This simple truth makes the tagline of Pashupati Paints, &lsquo;Khusika Rangharu&rsquo; (Colours of Happiness) rather apt. The company claims to be the first in Nepal to meet customers&rsquo; preference in wall colours, &nbsp;and is &nbsp;accredited with ISO 9002:1994, speaks of quality and service by name. &ldquo;The brand has stepped past many milestones and aims at becoming a benchmark for the coatings industry in Nepal,&rdquo; says Ashok Murarka, Director of Pashupati Paints Pvt Ltd.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	When the company was established in 1984, the marketing team had to follow the door-to-door marketing strategy. Today, the company gives advertisements in electronic and print media with popular faces such as Rajesh Hamal for Ex-Coat Plus (premium exterior wall painting) and Miss Nepal 2012 Shristi Shrestha for Luxuria Emulsion Paint. It also sponsors various events.</div>
<div>
	&nbsp;</div>
<div>
	The company&rsquo;s marketing strategy has kept up with the times with fitting taglines such as &lsquo;I Endured So I Won&rsquo; for Ex-Coat Plus, which speaks for the Indian Paint Research Centre certified seven-years warranty the product offers. Similarly, Luxuria Emulsion Paint, a washable interior emulsion paint product that gives a rich, velvety finish is in the market with a tagline that promises &lsquo;Colors of nature come alive&rsquo;. Having worked hard to add novelty to the brand, Murarka believes that branding is a difficult task and that one can always innovate to do better in the path ahead.</div>
<div>
	&nbsp;</div>
<div>
	Another milestone the company has achieved is its impressive Color Bazaar software &lsquo;Kalpana ko Rang&rsquo; (Colours of Imagination) which was launched in 2004. The software provides a preview facility that helps customers picture their homes in the range of colours available, and finalize the one they prefer. &nbsp;One can download the software in a cell phone to have the preview in a mobile set itself. Known as the Smart Paint App, the system includes 1124 colours to choose from. The company also launched the Retail Tinting System in the same year to facilitate colour trials for customers with more than 250 Color Bazaar tinting machines.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The brand Pashupati Paints today includes a wide range of decorative and industrial paints such as exterior and interior emulsion, enamel paints, acrylic distempers, texture paints (exterior and interior), epoxy paints, road marking paints and varnish.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In the three decades of its existence, the brand has been able to deliver the promise of quality as many of its products offer multiple features such as anti-fungal, anti-algal and anti-fading properties; excellent opacity and stain and alkali resistance. &ldquo;It took a long time to win the trust of the people and make them believe that a local brand can deliver quality at par with any international one,&rdquo; says Shailendra Kumar Sitaula, Country Manager of Sales and Marketing. &ldquo;The range of products and colours we offer are our brand strength. We are also accessible to all classes as our products have a good range in price,&rdquo; he assures.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	With an ultimate goal of offering quality products, the company keeps abreast with the latest paint technology and innovation that keeps them competent with multinational products. The marketing team of the company also has a well established supply chain system and dealer network to reach out to its vast customer base. The company also fulfils its corporate social responsibility (CSR) to increase brand power. Among many other activities, it was the one that painted the national stadium in the year 2011/12.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '2013-09-23',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Pashupati Paints has been at par with multinational brands, proving high competence in Nepali business',
			'sortorder' => '1690',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	(int) 6 => array(
		'Article' => array(
			'id' => '1828',
			'article_category_id' => '100',
			'title' => 'Tourism Briefs (16 - 22 September 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>World&rsquo;s Highest Airport to Open in Tibet&nbsp;</strong></span></div>
<div>
	<img alt="World’s Highest Airport to Open in Tibet" src="/userfiles/images/tibet%20(Copy).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 138px;" />The world&rsquo;s highest civilian airport will commence operations in a Tibetan prefecture in China&rsquo;s Sichuan province from September 16, officials said today. Located at 4,411 metres above sea level, the airport in Daocheng Yading county, Garzi Tibetan Autonomous Prefecture will drastically cut the travel time between the county and the provincial capital of Chengdu from two days by bus to 65 minutes by air, according to the prefecture tourism bureau. The new airport will surpass the current record held by Bangda Airport which is also located in Tibet at 4,334 metres. It will be the sixth airport in the Himalayan region. The new airport at Daocheng will initially operate a daily route from Chengdu. The cost of a one-way ticket will be 1,600 yuan (USD 259), state-run Xinhua news agency reported. Routes connecting Daocheng with Chongqing Municipality, a southwest Chinese business hub and Maerkang County, capital of Sichuan&rsquo;s Aba Tibetan-Qiang Autonomous Prefecture are expected to open before October 1. (news.yahoo.com)&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>IATO Discusses Tourism Growth</strong></span></div>
<div>
	&nbsp;</div>
<div>
	<img alt="IATO Discusses Tourism Growth" src="/userfiles/images/iato%20(Copy).jpg" style="width: 500px; height: 205px;" /></div>
<div>
	&nbsp;</div>
<div>
	The 29th annual convention of the Indian Association of Tour Operators (IATO) kick-started on September 8 with a record 1,496 delegates in Kochi, Kerala. The convention with the theme Tourism &ndash; Innovation and Partnership was inaugurated by Kerala&rsquo;s Chief Minister Oommem Chandy, along with Minister of State (IC) for Consumer Affairs in India, K V Thomas, Minister of State for Civil Aviation, K C Venugopal, Kerala&rsquo;s Tourism Minister P Anil Kumar and other senior officials. In his Presidential address, Subhash Goyal, President of IATO talked about this year&rsquo;s convention theme &lsquo;Indian Tourism &ndash; Innovations and Partnerships&rsquo;. &ldquo;Indian Tourism needs special efforts to have visa relaxation, improved infrastructure, look for new markets like Brazil and Africa etc. Air connectivity and budget hotels are the need of the hour to make India competitive,&rdquo; he said. (Traveldailymedia.com)</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>NYC&rsquo;s Most Expensive Hotel Rooms Revealed</strong></span></div>
<div>
	<img alt="NYC" src="/userfiles/images/nyc.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 125px;" />New York City&rsquo;s most expensive hotel room goes for a whopping $40,000, and that&rsquo;s a per-night rate. A new report from NewYorkHotels.org revealed this startling discovery when it established the 10 most expensive hotel suites in Manhattan. The average rate at each establishment throughout the month of September served as the determining factor in coming up with the rankings. &nbsp;</div>
<div>
	1. <span class="Apple-tab-span" style="white-space:pre"> </span>Ty Warner Penthouse (Four Seasons Hotel) $40,000&nbsp;</div>
<div>
	2. <span class="Apple-tab-span" style="white-space:pre"> </span>The Presidential Suite (St. Regis) $35,000</div>
<div>
	3. <span class="Apple-tab-span" style="white-space:pre"> </span>Royal Plaza Suite (The Plaza) $30,000</div>
<div>
	4. <span class="Apple-tab-span" style="white-space:pre"> </span>The Peninsula Suite (The Peninsula) $24,000</div>
<div>
	5. <span class="Apple-tab-span" style="white-space:pre"> </span>The Tata Suite (The Pierre) $20,000</div>
<div>
	6. <span class="Apple-tab-span" style="white-space:pre"> </span>Presidential Suites (Mandarin Oriental) $18,000</div>
<div>
	7. <span class="Apple-tab-span" style="white-space:pre"> </span>Tower Royal Suite (New York Palace) $15,000</div>
<div>
	8. <span class="Apple-tab-span" style="white-space:pre"> </span>Empire Suite Duplex (The Carlyle) $15,000</div>
<div>
	9. <span class="Apple-tab-span" style="white-space:pre"> </span>Royal Suite (The Ritz-Carlton) $14,000</div>
<div>
	10. <span class="Apple-tab-span" style="white-space:pre"> </span>2-BR Penthouse (Trump SoHo) $10,000 &nbsp;</div>
<div>
	(Traveldailynews.com)</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate 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 world’s highest civilian airport will commence operations in a Tibetan prefecture in China’s Sichuan province from September 16, officials said today.',
			'sortorder' => '1689',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	),
	(int) 7 => array(
		'Article' => array(
			'id' => '1827',
			'article_category_id' => '99',
			'title' => 'Qatar Partners With British Airways On Frequent Flyer Programme',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Qatar Airways has announced an immediate partnership with British Airways between the airlines&rsquo; frequent flyer programmes. Qatar Airways Privilege Club members and British Airways Executive Club members are now able to earn miles, and can begin redeeming miles as of 1st October 2013 on each other&rsquo;s flights.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to Qatar Airways, Privilege Club is way of thanking the customers for choosing to fly with the airline. &ldquo;The benefit partnering with British Airways brings to our customers is the added opportunity to earn Qmiles,&rdquo; said Akbar Al Baker, Qatar Airways Chief Executive Officer. &nbsp;Privilege Club members may redeem their Qmiles for award tickets, excess baggage or merchandise through Qatar Duty Free or Oryx Galleria in Doha. &ldquo;This Frequent Flyer Programme partnership also gives British Airways customers an opportunity to attain credit for destinations throughout the entire Qatar Airways network,&rdquo; added Al Baker. &nbsp;</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Qatar Airways has announced an immediate partnership with British Airways between the airlines’ frequent flyer programmes. Qatar Airways Privilege Club members and British Airways Executive Club members are now able to earn miles, and can begin redeeming miles as of 1st October 2013 on each other’s flights.',
			'sortorder' => '1688',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
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		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '1826',
			'article_category_id' => '99',
			'title' => 'Adhikari Wins NPGA Q-School',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Bikash Adhikari registered one-shot victory over Tirtha Poudel in the Surya Nepal Golf Tour NPGA Qualifying School at the par-67 Royal Nepal Golf Club on Thursday. Bikash played seven-over 74 on the final round for a total score of 18-over 219, while Tirtha shot eight-over 75 for a total of 19-over 220.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Ashish Pariyar finished third at 222. Bhuwan Pudasaini was fourth at 223 and Gyanendra Bahadur Raut came fifth at 227. The top five players received pro cards for the Surya Nepal Golf Tour.</div>
<div>
	&nbsp;</div>
<div>
	Adhikari took the turn at one-over 34 that included birdies on the fifth and sixth holes. He added six-over 40 on the back nine. Second-placed Poudel played four-over 37 on the front nine and shot another four-over 38 on the back nine. Likewise, Pariyar took the turn at four-over 37 and faltered to six-over 40 on the back nine. The top three also earned Rs 5,000, Rs 4,000 and Rs 3,000 respectively.</div>
<div>
	&nbsp;</div>
<div>
	Sunil KC, Sujan Roka, Surya Manandhar, Shiva Ram Poudel and Bhimsen Chaulagain came in top 10. A total of 22 players, including NPGA President Rabindra Man Shrestha took part in the three-day tournament played over 54 holes.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Bikash Adhikari registered one-shot victory over Tirtha Poudel in the Surya Nepal Golf Tour NPGA Qualifying School at the par-67 Royal Nepal Golf Club on Thursday. Bikash played seven-over 74 on the final round for a total score of 18-over 219, while Tirtha shot eight-over 75 for a total of 19-over 220.',
			'sortorder' => '1687',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '1825',
			'article_category_id' => '99',
			'title' => 'SC Upholds Nirola As NTB’s Acting CEO',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<img alt="Subash Nirola" src="/userfiles/images/ntb%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 150px; height: 191px;" />The single bench of Acting Chief Justice of Supreme Court Damodar Prasad Sharma upheld the decision to appoint Subash Nirola as Nepal Tourism Board&rsquo;s Acting CEO last Monday. The decision was made earlier by the 187th Meeting of Executive Committee of NTB on July 15, 2013. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In the verdict, Sharma also revoked the decision made by Appellate Court Patan on August 25, 2013. The Appellate Court had ordered NTB Executive Committee not to implement its decision to appoint Nirola as the Acting CEO. With this decision, Nirola now becomes the Acting CEO of NTB. With this appoint, he has now also become the Member Secretary of NTB.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;Prior to this, Nirola had been working in the capacity of Officiating Chief Executive Officer of NTB. Nirola joined NTB as a Director in 2000 and was the senior most Directors prior to being appointed as Officiating CEO.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate 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 single bench of Acting Chief Justice of Supreme Court Damodar Prasad Sharma upheld the decision to appoint Subash Nirola as Nepal Tourism Board’s Acting CEO last Monday. The decision was made earlier by the 187th Meeting of Executive Committee of NTB on July 15, 2013.',
			'sortorder' => '1686',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '1824',
			'article_category_id' => '99',
			'title' => 'Made-in-Pakistan Exhibition Kicks Off',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent&nbsp;</strong></div>
<div>
	&nbsp;</div>
<div>
	The fourth edition of Made in Pakistan exhibition kicked off on Wednesday in the capital at United World Trade Centre, Tripureshwor. Jointly organized by Rawalpindi Chamber of Commerce and Industry (RCCI) and Embassy of Pakistan in Kathmandu, the exhibition is focused on showcasing various Pakistani products&nbsp;</div>
<div>
	in Nepal.</div>
<div>
	&nbsp;</div>
<div>
	Inaugurating the exhibition, Minister of Finance, Shankar Koirala stressed on the necessity of expansion of bilateral relations between Nepal and Pakistan. &ldquo;Nepal and Pakistan share very cordial relations, but the trade volume between these countries is still very low,&rdquo; Koirala added.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;These sorts of event will help to renew and optimize our bilateral relations and we promise to organize such programmes in Pakistan with collaboration with the private sector of Nepal.&rdquo; Koirala said.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The seven-day (September 11-17) long expo has 45 stalls showcasing Pakistani products like wooden furniture, textile products, garments, leather jackets, footwear, artificial jewelries and handicrafts among others.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Arshed Saud Khosa, Ambassador of Pakistan to Nepal said that this exhibition is a good opportunity to introduce new products to large number of people and it helps in enhancing the goodwill between two countries which is the main reason behind this exhibition.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Calling upon the Nepali business community to organize such events in Pakistan, ambassador Khosa said,&nbsp;</div>
<div>
	&ldquo;We look forward to develop continuous business exchange between two countries.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Himalaya SJB Rana, Chairman of Pakistan-Nepal Federation said that the exemplary relation between two nations has yet to be turned to an exemplary trade relationships. Former Ambassador of Nepal to Pakistan, Bal Bhadra Kunwar also emphasized on the importance of the exhibition. Kunwar said that Nepal is looking forward for the Pakistani investors to come to invest in Nepal and further extend the trade relations to a greater height.</div>
<div>
	&nbsp;</div>
<div>
	There are 45 stalls and more than a group of 75 businessmen from Pakistan participating in the fair. The fair is expecting around 70, 000 visitors.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '0000-00-00',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate 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 fourth edition of Made in Pakistan exhibition kicked off on Wednesday in the capital at United World Trade Centre, Tripureshwor. Jointly organized by Rawalpindi Chamber of Commerce and Industry (RCCI) and Embassy of Pakistan in Kathmandu, the exhibition is focused on showcasing various Pakistani products 
in Nepal.',
			'sortorder' => '1685',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '1823',
			'article_category_id' => '152',
			'title' => 'Focus Briefs (16 - 22 September 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>Luring Customers: Sops at NADA Auto Show</strong></span></div>
<div>
	The coming festival season will be more joyful with various schemes and offers brought by automobile dealers at NADA Auto Show 2013. The customers have collected various gift hampers along with the products at the auto show.</div>
<div>
	&nbsp;</div>
<div>
	HH Bajaj has come out with a scheme entitled Bajaj Dashavatar &lsquo;10 Jana Ko Ferinecha Aavatar&rsquo;. Company said that there will be 10 weekly bumper prizes of Rs 1 million each sure-shot cash prize of Rs 5,000- Rs 100,000. There will also be a weekly lucky prize of Rs 1 million.</div>
<div>
	&nbsp;</div>
<div>
	Syakar Trading Company has come up with Honda Lifestyle Upgrade Offer. This scheme enables buyers to win a Honda Brio car as a bumper prize on purchase of any Honda two-wheeler. Lucky buyers can win 1 tola gold weekly, cash discounts of Rs 4,000-100,000 through a scratch card and free servicing for up to five years and a 10 percent discount on spare parts. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, MAW Enterprises has come up with a scheme entitled Wajandaar on Yamaha two-wheelers. Under this scheme, customers will get a scratch coupon with a chance to win a discount ranging Rs 5,000 to Rs 1 00,000. Also, a customer selected through a lucky draw will win silver equivalent to his or her weight.</div>
<div>
	&nbsp;</div>
<div>
	Mahindra has introduced &lsquo;Hello Dashain Offer&rsquo; under which customers will get Samsung phone worth Rs 12,790. Similarly for Pantero, a 22-inches Asano LED TV is on offer. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Maruti-Suzuki will be giving away an Apache RTR 180/160 or TVS Wego scooter under its offer named Bada Dashain Tihar Ko Maha Offer-Gadi Kinda Bike Upahar, &lsquo;Nagad Chutma Ramau Pariwar&rsquo;.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Tata Motors has provided discount ranging from Rs 115,000 to Rs 285,000 under its offer entitled Sandaar Discount Damdaar-Yesto Gajjab Ko Offer, Dincha Sabailai Takkar.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">Honda Activa- I Launched</span></strong></div>
<div>
	<img alt="Honda Activa- I Launched" src="/userfiles/images/fsc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 140px;" />SYAKAR Trading Company, the authorized distributor of Honda two-wheelers in Nepal introduced the New Honda Activa-I scooter at NADA Auto show 2013. Introduced by singer Nima Rumba and actress Richa Sharma, the scooter came in the market for price of Rs 150, 900. The new activa-I uses and air cooled, 109.2cc engine and produces 8 bhp of power at 7,500 rpm and 8.74 nm of torque at 5,500 rpm. It features combi-brake system (CBS) which reduces braking distance by 24 percent compared to conventional brakes. It also &nbsp;has tubeless tyres, maintenance free battery and air filter.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>&ldquo;RAY Z&rdquo; Yamaha&rsquo;s Second Scooter Launched</strong></span></div>
<div>
	Yamaha-RAY Z was launched in scooter segment at the NADA Auto Show 2013. Goodwill brand ambassador of RAY, Namrata Sherstha and Managing Director of MAW Vishnu Kumar Agrawal jointly revealed the scooter. According to the company, the vehicle is developed to target young males and female with the concept of aggressive sporty design. The new model adopts air cooled 115 cc 4 stroke engine with smooth start up acceleration and good pick up, SOHC, 2 valve, single cylinder petrol engine that generates maximum power of 7 bhp at 7500 rpm and 8.1 nm torque at 5500 rpm. The model provides a mileage of 53 km per liter.</div>',
			'published' => true,
			'created' => '2013-09-17',
			'modified' => '2013-09-17',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'The coming festival season will be more joyful with various schemes and offers brought by automobile dealers at NADA Auto Show 2013. The customers have collected various gift hampers along with the products at the auto show.',
			'sortorder' => '1684',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	(int) 12 => array(
		'Article' => array(
			'id' => '1822',
			'article_category_id' => '153',
			'title' => 'Nepal Emerging As A Global Auto Hub',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Suraksha Adhikari&nbsp;</strong></div>
<div>
	&nbsp;</div>
<div>
	With the expansion of the automobile market in Nepal, the possibilities of employment opportunities have also grown. Along with the gradual development of road and transportation facilities in Nepal, the growing business of automobiles and its spare parts, automotive oils and other products used in automobiles have been able to sustain the commercial growth and promotion of the national economy of Nepal.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Focusing on the booming automobile market that had been on a downward spiral for the past three years, Nepal Automobile Dealers Association (NADA) in association with the Global Exposition and Management Services (GEMS), an event organizing company, organized the &lsquo;NADA Auto Show 2013&rsquo; to promote Nepal as a good market for automobile business.</div>
<div>
	&nbsp;</div>
<div>
	The auto show, which concluded last week, showcased the passenger car, two and four- wheelers, tyres and tubes, components and sub-assembly accessories, off-road vehicles, tractors and farm equipment batteries, environment and safety equipments, &nbsp;air-conditioning, trucks and bus lubricants, auto finance, auto insurance, garage equipment and auto paints.</div>
<div>
	&nbsp;</div>
<div>
	A total of 69 exhibitors, including local as well as international brands, displayed their products and services in 100 stalls. Automobile companies from Nepal, India, China, Korea, Japan, USA, Germany and Czech Republic, among others participated in the event. The auto show this year had different sections for two-wheelers, four-wheelers and commercial vehicles to cater to the need of segmented as well as general visitors.</div>
<div>
	&nbsp;</div>
<div>
	Inaugurating the Auto Show 2013, Finance Minister Shanker Prasad Koirala said the fair could help boost the transportation sector, which is considered an essential component for improving an economy. &ldquo;The government is considering revising the customs duty on the vehicle imports following the commitment at SAFTA and World Trade Organization,&rdquo; Koirala added. He said that in spite of a lot of possibilities in the automobile industry in Nepal, this sector has not improved as expected and government is ready to support this sector.</div>
<div>
	&nbsp;</div>
<div>
	&ldquo;Visitors are seen as attracted by hatchbacks as compared to any other segment of four-wheelers,&rdquo; said Shekhar Golchha, President of NADA. &ldquo;The small car segment appeals to many as it is easier to navigate through the narrow and crowded traffic of Kathmandu, not to mention to cope with the dearth of parking space,&rdquo; he added. Golchha emphasized on the preference of small cars because of jerky roads all over the valley. &ldquo;These small cars are ideal to drive in the bumpy roads of Kathmandu valley and for those who are buying a car for the first time. New brands of cars are preferred by those who change their cars frequently but the demand of small cars is higher.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong><img alt="" src="/userfiles/images/fcs1%20(Copy).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 300px; height: 269px;" />The Current Market&nbsp;</strong></span></div>
<div>
	According to Gopi Krishna Neupane, General Secretary of NADA, the market of automobiles has increased significantly than in the previous fiscal year. &ldquo;We have almost all international brands in our Nepali market including Nepali products,&rdquo; Neupane said. &ldquo;Sales have improved this year though it had significantly dropped in the previous years. Sales of both four-wheelers and two-wheelers had gone down last year.&rdquo;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to data provided by the Department for Transport Management, 208,500 units of vehicles were sold in Nepal in the fiscal year 2012/13 which is an increment of 28, 000 units from the previous fiscal year. Only 1, 70, 000 units of vehicles were sold in the fiscal year 2011/12.</div>
<div>
	&nbsp;</div>
<div>
	Neupane added, &ldquo;Around 50 national and international companies are present in Nepal and are dealing in automobiles, providing employment to around 1.7 million people.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	Golchha said that the annual transaction of the automobiles in Nepal has crossed over Rs 50 billion, which is encouraging the people working in the industry.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong><img alt="" src="/userfiles/images/fcs2%20(Copy).jpg" style="float: left; margin: 0px 10px 0px 0px; width: 250px; height: 313px;" />Problems and Challenges</strong></span></div>
<div>
	Transportation has always played an important role in the economic and social development of any state. &ldquo;But business in Nepal has been directly hindered by the massive customs duty on the import of vehicles,&rdquo; said Golchha. He also pointed out the increment of 5 per cent excise duty while entrepreneurs try to reduce the customs duty which has pushed this business backwards. He also complained about the high fuel price, the crude manner in which prices of spare parts are fixed at customs offices, and problems created through the open border as major problems facing the country&acute;s automobile sector. &ldquo;Nepal has been levying 241 percent duty, including excise duty, customs tax and VAT on four-wheelers and 80 percent on two-wheelers. This is the highest imposition of tax on automobiles in the world,&rdquo; he added.</div>
<div>
	&nbsp;</div>
<div>
	Other major challenges include transportation hurdles and traffic management. Pradip Pradhan, member of NADA, said that the government&rsquo;s categorizing automobiles in the luxury segment has hindered the growth of the sector. &ldquo;Automobiles are essential for the growth of the economy but the government&rsquo;s negligence towards this sector has been a main factor that has held it back,&rdquo; Pradhan mentioned.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Future Prospects&nbsp;</strong></span></div>
<div>
	The auto dealers in Nepal are focusing towards the expansion of this market. Lately, new brands of automobiles are being introduced to the Nepali market on a weekly basis. Auto dealers are experiencing tough competition in introducing user friendly two and four- wheelers in the market. However, along with the rise of 25 per cent in sales, positive signs are emerging to indicate that the future of automobiles in Nepal is not dark.</div>
<div>
	&nbsp;</div>
<div>
	According to Neupane, &ldquo;99.5 per cent of Nepalis do not have access to four-wheelers. With a population of 26.4 million and the number of four-wheel vehicles around 1.5 million, we arrive at the ratio of five families to one vehicle. Based on this data, there are a lot of possibilities for the automobile market in Nepal. &ldquo;Only the market of Kathmandu valley does not depict the extent of the automobile market here; there are 73 districts in Nepal facilitated by motor ways. This shows that the market is growing outside of the valley too,&rdquo; he said.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/fcs3.jpg" style="width: 550px; height: 233px; margin-left: 20px; margin-right: 20px;" /></div>',
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			'description' => 'With the expansion of the automobile market in Nepal, the possibilities of employment opportunities have also grown. Along with the gradual development of road and transportation facilities in Nepal, the growing business of automobiles and its spare parts, automotive oils and other products used in automobiles have been able to sustain the commercial growth and promotion of the national economy of Nepal.',
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	(int) 13 => array(
		'Article' => array(
			'id' => '1821',
			'article_category_id' => '154',
			'title' => 'Learning Curve News In Brief (16 - 22 September 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><strong>SLC Supplementary Results</strong></span></div>
<div>
	The Office of the Controller of the Examination (OCE), Sanothimi published the results of SLC Supplementary exam-2069 on last Monday. Out of 111,724 examinees, 67,051 students have passed the Iron Gate which is 60 percent of the total strength. Among them, 34,143 are boys and 32,908 are girls, according to Examination Controller Khag Raj Baral. The examinations were held in the month of August in 2013. The results can be viewed at www.slcresult.soce.gov.np, www.soce.gov.np and www.slc.ntc.net.np.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>TU Students Can Now See Their Answer Sheets</strong></span></div>
<div>
	Tribhuvan University has finally decided to allow students to see their answer sheets after the publication of their exam results. This comes after two years of Supreme Court&rsquo;s order to this effect. The Executive Council meeting of the University led by Chairman of the Interim Election Government Khil Raj Regmi last Monday amended its regulation as per the apex court order to allow students to see their answer sheets if they are not satisfied with their marks. The verdict was made on the basis of the provisions of Article 27 of Interim Constitution 2007 and Right to Information Act 2007. Now onwards, students who are not satisfied with their examination marks can see attested copies of their answer sheets after paying specified fee.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Best Teachers Award</strong></span></div>
<div>
	Shankar Lal Shrestha, headmaster at the Kuti Danda Secondary School of Dolakha, and Sonam Dolma Lama, teacher at Kyul-based Yangimara Boarding School of Sindhupalchok are conferred with PP Prasain Foundation Best Teacher Award for introducing children-friendly teaching methodologies in remote areas. Minister for Education Madhav Poudel presented the award to the teachers. On the occasion, Lama announced that she would donate Rs 10,000 of the cash prize to the school where she has been teaching.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Outstanding Students Awarded</strong></span></div>
<div>
	President Dr Ram Baran Yadav and Interim Election Government Chairman Khil Raj Regmi conferred awards on September 8 to the students for their outstanding performance in the last fiscal year. Total 248 individuals were awarded with Nepal Bidhyabhusan honours and certificates for completing their PhDs from various universities in and outside the country. He felicitated 152 PhD graduates with Nepal Bidhyabhusan &lsquo;A&rsquo; and a certificate. &lsquo;B&rsquo; grade honour was conferred to 58 Masters&rsquo; degree students for securing highest scores and 20 students were feted with &lsquo;C&rsquo; grade honour for securing top scores in Bachelors&rsquo; degrees. Similarly, 13 girl students obtaining highest marks in Bachelor-level examinations and six students who secured highest scores at the intermediate level were honoured with &lsquo;Nepal Girl Students Bidhya Award&rsquo;.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Scholarships now from Bank</strong></span></div>
<div>
	Department of Education is giving scholarships to students through bank from now onwards. The step has been taken to reduce the irregularities in scholarships distribution in secondary level of community schools. A secondary level scholarship student of community school receives Rs 1,700 monthly. According to the new provision, District Education Office will deposit the amount in students&rsquo; account. Students who are under 16 can open their account under the patronage of their guardians. Government is providing 16 various types of scholarships from primary to higher secondary education.</div>',
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			'description' => 'The Office of the Controller of the Examination (OCE), Sanothimi published the results of SLC Supplementary exam-2069 on last Monday.',
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	(int) 14 => array(
		'Article' => array(
			'id' => '1820',
			'article_category_id' => '155',
			'title' => 'BSCCSIT: Applicable To Generate Global Manpower',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><img alt="Prof Dr Subarna Sakya " src="/userfiles/images/pss.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 257px;" />Prof Dr Subarna Sakya is the Assistant Dean at the Institute of Engineering (IOE) and Professor of Computer and Electronics Department. He is also one of the course designers of Bachelor of Science in Computer Science and Information Technulogy (B.Sc.CSIT), at Tribhuvan University (TU). He shares his experiences with Ashok Poudel and Bishwas Regmi of The Corporate. <strong>Excerpt:</strong></span></div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">What are reasons behind the student&rsquo;s getting attracted more towards B.Sc.CSIT course in the recent times?</span></strong></div>
<div>
	Information Technology (IT) course has become one of the most preferred among the students because of its importance in our daily life. It is the area where the market is booming with job opportunities. Today&rsquo;s youngsters and students are well informed and they want to pursue specialized courses where job prospects are high. We are also providing internship during their final year of the course. It will help them to get accustomed with the work atmosphere.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">How successful are the colleges in providing this cousre?</span></strong></div>
<div>
	We have revised the course, seeking help from the experts, with an aim to provide professional learning environment. Lack of experienced teachers has created a major problem in putting the idea into practice. The new course was structured while keeping in mind about the new trend and work culture globally. This will help our students in getting internship in the industry. Similarly, the colleges are also imparting project-based education nowadays.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">In what ways is the B.Sc.CSIT different from other IT and computer science related courses?</span></strong></div>
<div>
	Basically, IT courses are designed to give knowledge about practical application along with theoretical knowledge while computer science course gives theoretical knowledge only. Unlike other courses B.Sc.CSIT offers education on both IT and computer science at the same time. &nbsp;It will equip students with both theoretical and practical knowledge.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">There is a huge disappointment among the students that most of the courses in TU do not include practical education. Why?</span></strong></div>
<div>
	It is unfair to say that the TU courses have failed to include practical education. The colleges are having problem in connecting with the companies. It seems that the companies are not willing to take students for internship. Unless these students get an opportunity, the chances of generating skilled manpower will be very less. The company should understand that they will get benefitted from our students during their placement.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">How relevant is the course in the Nepali market?</span></strong></div>
<div>
	The B.Sc.CSIT course is applicable to generate global manpower, useful everywhere, be it in Nepal or any part in the world. The course is not only relevant to the domestic market but is meant for creating skilled manpower needed across the world.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">How can the course be improved to make it practical in all ways?</span></strong></div>
<div>
	The course equally emphasizes on both practical and theoretical knowledge. The concerned authorities must monitor whether the colleges have appropriate laboratory facility or not. The colleges should organise lecture as well as interactive session with the employees of relevant sector.</div>
<div>
	&nbsp;</div>
<div>
	<strong><span style="font-size:14px;">What are your suggestions to the students aspiring to pursue this course?</span></strong></div>
<div>
	Students must be sincere towards the subject they are going to study. They should be well informed about practical application of the course after finishing it. They should concentrate on learning the skill from the ground level rather than focusing only on &nbsp;getting high score.&nbsp;</div>',
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			'description' => 'Prof Dr Subarna Sakya is the Assistant Dean at the Institute of Engineering (IOE) and Professor of Computer and Electronics Department. He is also one of the course designers of Bachelor of Science in Computer Science and Information Technulogy (B.Sc.CSIT), at Tribhuvan University (TU).',
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