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A British company plans to launch thousands of miniature probes on to the Moon, each of which can be bought for 199 pounds and personalised by the sponsor. The probes, to be launched by Pocket Spacecraft, are the size of a CD and as thin as a piece of paper. They will be released over the Earth in June 2015 and over the Moon in June 2016.Explorers can personalise their own spacecraft by adding a picture and customising the message it transmits using just their web browser. People can watch online as their Pocket Spacecraft is built in the lab and loaded into an Interplanetary CubeSat Mothership.</div> <div> </div> <div> <strong><span style="font-size:14px;">NASA may Send Sail-Powered Zephyr Rover to Venus</span></strong></div> <div> NASA is considering sending a sail-powered robotic rover to Venus that could use the planet’s high wind speeds and hot temperatures for exploration. The wind-sailing rover would not only be able to move around Venus, but would also have electronics inside able to withstand the temperatures of 450 degrees Celsius. The rover, nicknamed Zephyr, would spend most of its time on Venus doing analysis on the ground. However, whenever the science team wants to move some distance, it would deploy a sail that could bring it across the surface. One vision sees it sailing for about 15 minutes a day for about a month, ‘Universe Today’ reported.</div> <div> </div> <div> <strong><span style="font-size:14px;">Nissan to Sell Self-Driving Cars by 2020</span></strong></div> <div> Nissan Motor Co Ltd said it will be ready to bring fully self-driving vehicles to market by 2020. The Japanese automaker said it plans to offer “multiple, commercially viable” vehicles that are capable of autonomous operation without driver input. The self-driving vehicles will be sold “at realistic prices for consumers,” the company said at a media event in Irvine, California. Nissan said its goal is to offer autonomous cars “across the model range within two vehicle generations” - about 10-12 years after the projected 2020 launch. </div> <div> </div> <div> <strong><span style="font-size:14px;">China’s Xiaomi Poaches Top Google Exec</span></strong></div> <div> Chinese Internet and smartphone company Xiaomi has poached Google executive Hugo Barra to help fulfill its ambition to become a global player. Barra, who was vice president of Google Android, announced his departure on his Google Plus account. He will take up his new post in October, Xiaomi CEO Lei Jun wrote in a Weibo post, China’s version of Twitter. Xiaomi, which operates a version of the Android mobile platform, is China’s sixth-biggest smartphone company and is growing rapidly.</div>', 'published' => true, 'created' => '2013-09-04', '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' => 'Space enthusiasts now have a unique chance to explore the solar system with their own spacecraft – just for 199 pounds!', 'sortorder' => '1620', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '1758', 'article_category_id' => '116', 'title' => 'LG Announces G Pad Android Tablet', 'sub_title' => '', 'summary' => null, 'content' => '<div> <img alt="LG G Pad 8.3" src="/userfiles/images/lg(3).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 200px; height: 251px;" />LG has taken the wraps off their brand new Android tablet – the LG G Pad 8.3 Following up on its initial tease from earlier last week. The G Pad 8.3 has a 1920×1200 WUXGA (Widescreen Ultra Extended Graphics Array) display, which LG claim makes it the first 8-inch tablet with a Full HD display. Other features on the G Pad 8.3 include a Snapdragon 600 chipset with a quad-core CPU clocked at 1.7GHz and Adreno 320 GPU, 2GB of LPDDR2 RAM and 16GB internal storage space. On the back is a 5 megapixel camera and on the front is a 1.3 megapixel shooter. The G Pad 8.3 is powered by a 4,600mAh battery but LG hasn’t made any claims regarding the battery life. The G Pad 8.3 runs on Android 4.2.2.</div> <div> </div> <div> The G Pad 8.3 measures at 216.8 x 126.5 x 8.3mm, which is slightly more than the Nexus 7, which measures 200 x 114 x 8.65mm. It also weighs a bit more at 338g, compared to the Nexus 7’s 290g. LG hasn’t specified any network connectivity so it’s likely that the G Pad 8.3 is Wi-Fi only, unlike the Nexus 7 which also supports LTE. The LG G Pad 8.3 will go on sale in North America, Europe and Asia as well as other regions starting in the fourth quarter of 2013. No prices have been mentioned so far and will be revealed at launch.</div>', 'published' => true, 'created' => '2013-09-04', 'modified' => '2013-09-04', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'LG has taken the wraps off their brand new Android tablet – the LG G Pad 8.3 Following up on its initial tease from earlier last week.', 'sortorder' => '1619', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '1757', 'article_category_id' => '100', 'title' => 'Tourism Briefs (2 - 8 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <strong><span style="font-size:14px;">Tourism Growth ‘Exceeds Expectations’-UNWTO</span></strong></div> <div> International tourist arrivals increased by five per cent during the first half of 2013, reaching almost 500 million, according the latest data from the UNWTO. This level of growth exceeded the projection of 3-4 per cent made at the beginning of the year, and is also ahead of the UNWTO long-term’s ‘Tourism Towards 2030’ outlook, which projects annual growth of 3.8 per cent. Destinations around the world welcomed 494 million overnight visitors in the first six months of 2013, according to the UNWTO World Tourism Barometer, which was released to coincide with UNWTO 20th General Assembly. This marks a increase of approximately 25 million visitors compared to the first half of 2012, with demand for travel to emerging destinations increasing at a faster rate (+6 per cent) than in developed countries (+4 per cent). (Traveldailymedia.com)</div> <div> </div> <div> <strong><span style="font-size:14px;">StayWell Opens First Hotel in India</span></strong></div> <div> <img alt="Stay well" src="/userfiles/images/stay.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 118px;" />Australian hotel management company StayWell Hospitality Group has opened its first hotel in India – the Leisure Inn Grand Chanakya Jaipur. Located on the main MI Road in the Rajasthan city, the new property will offer “value for money and personalised services”, according to StayWell. And this launch marks the start of a major expansion for the company in India. It now plans to add six more properties in Gurgaon, Mumbai, Greater Noida, Raipur, Hyderabad and Goa in the next nine months, and aims to have a portfolio 25 properties across the country by 2015. StayWell now has a network of more than 27 properties in Australia, Singapore, Indonesia, the UAE and now India. It plans to expand to 100 hotels within the next three years, including its first properties in China and Europe. (Traveldailymedia.com)</div> <div> </div> <div> <strong><span style="font-size:14px;">Global Corporate Bookings Surge in July </span></strong></div> <div> Global corporate bookings grew +5.5 per cent over 2012’s level in July, according to Pegasus Solutions, the world’s largest processor of electronic hotel transactions. The promising uptick in business travel was accompanied by substantial leisure demand that paled in comparison to strong gains achieved last year. The mid-season growth spurt in business reservations came after the corporate channel leveled out at prior year volumes at the end of the second quarter. Rates paid through the global distribution systems (GDS) also pushed past second quarter levels that had ebbed slightly in June. By month-end, average daily rates (ADR) for corporate bookings surpassed prior year by +0.3 per cent, setting a year-to-date growth pace of +0.7 per cent over 2012. (Traveldailynews.com) </div> <div> </div> <div> <strong><span style="font-size:14px;">The World’s Best and Worst Airports for Connecting On Time </span></strong></div> <div> Which are the best and worst airports for making connecting flights and why? Wayne Chen, president of Mo’Zippity Apps, discovered the answers while creating Connect On Time – the mobile app that provides specific gate-to-gate connect times for many of the world’s top destination airports. The picks are based upon the number of barriers and amount of time needed at each airport to get between its furthest gates once security and passport control lines have been cleared.</div> <div> </div> <div> <strong>10 Best</strong></div> <div> 1. <span class="Apple-tab-span" style="white-space:pre"> </span>Zurich Airport</div> <div> 2. <span class="Apple-tab-span" style="white-space:pre"> </span>Salt Lake City International </div> <div> 3. <span class="Apple-tab-span" style="white-space:pre"> </span>Tampa International </div> <div> 4. <span class="Apple-tab-span" style="white-space:pre"> </span>Orlando International </div> <div> 5. <span class="Apple-tab-span" style="white-space:pre"> </span>Charlotte Douglas International </div> <div> 6. <span class="Apple-tab-span" style="white-space:pre"> </span>Denver International </div> <div> 7. <span class="Apple-tab-span" style="white-space:pre"> </span>London Stansted </div> <div> 8. <span class="Apple-tab-span" style="white-space:pre"> </span>Fort Lauderdale-Hollywood International </div> <div> 9. <span class="Apple-tab-span" style="white-space:pre"> </span>Dubai International </div> <div> 10. <span class="Apple-tab-span" style="white-space:pre"> </span>Hong Kong International</div> <div> </div> <div> <strong>10 Worst</strong></div> <div> 1.<span class="Apple-tab-span" style="white-space:pre"> </span>Beijing Capital International </div> <div> 2. <span class="Apple-tab-span" style="white-space:pre"> </span>London Heathrow </div> <div> 3. <span class="Apple-tab-span" style="white-space:pre"> </span>Paris Charles de Gaulle </div> <div> 4. <span class="Apple-tab-span" style="white-space:pre"> </span>Shanghai Pudong International </div> <div> 5. <span class="Apple-tab-span" style="white-space:pre"> </span>Los Angeles International</div> <div> 6. <span class="Apple-tab-span" style="white-space:pre"> </span>Sydney Kingsford Smith </div> <div> 7. <span class="Apple-tab-span" style="white-space:pre"> </span>Tokyo Narita International </div> <div> 8. <span class="Apple-tab-span" style="white-space:pre"> </span>Boston Logan International </div> <div> 9. <span class="Apple-tab-span" style="white-space:pre"> </span>Frankfurt International </div> <div> 10. <span class="Apple-tab-span" style="white-space:pre"> </span>Chicago O’Hare International</div> <div> <em>(Traveldailynews.com)</em></div>', 'published' => true, 'created' => '2013-09-04', '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' => 'International tourist arrivals increased by five per cent during the first half of 2013, reaching almost 500 million, according the latest data from the UNWTO.', 'sortorder' => '1618', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '1756', 'article_category_id' => '99', 'title' => 'Etihad Airways Expands ‘Businessconnect’ Across The Globe', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> Etihad Airways has extended BusinessConnect, its loyalty program for businesses, to 11 new markets including Bahrain, Belarus, Kuwait, Lebanon, Malaysia, Nepal, the Netherlands, Oman, the Philippines, Qatar and Thailand. The mileage earning program is targeted at the Small to Medium-Sized Enterprise (SME) sector, offering opportunities and benefits for companies who fly with Etihad Airways.</div> <div> </div> <div> As part of the guest loyalty program, registered BusinessConnect customers are able to earn Etihad Guest Miles every time one of their employees takes a flight. Etihad Guest Miles can be earned on all Etihad Airways tickets booked on etihad.com, through Etihad Contact Centres, or by appointed travel agents. There are also no blackout periods when redeeming miles against upgrades, free flights, or the thousands of products from the Etihad Guest Reward Shop. The points can even be converted to cash via PointsPay to spend at thirty million outlets worldwide.</div> <div> </div> <div> Also, Etihad Cargo, part of Etihad Airways, has posted record monthly uplift figures for July of 45,000 tonnes, a 37 per cent increase on the same month in 2012.“Over the past 12 months we’ve strengthened our global cargo business, expanded operations across new and existing trade lanes and seen demand continue to grow,” said Etihad Airways’ Chief Strategy and Planning Officer, Kevin Knight. The figures for July were driven largely by increases in key export markets such as India, Hong Kong and China and demand into the Middle East for foodstuffs ahead of the Holy Month of Ramadan, predominately from The Netherlands, says a press statement from the airways.</div>', 'published' => true, 'created' => '2013-09-04', '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' => 'Etihad Airways has extended BusinessConnect, its loyalty program for businesses, to 11 new markets including Bahrain, Belarus, Kuwait, Lebanon, Malaysia, Nepal, the Netherlands, Oman, the Philippines, Qatar and Thailand.', 'sortorder' => '1617', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '1755', 'article_category_id' => '99', 'title' => 'View Tower Constructed At Pumdi-Bhumdi', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> A three-storied view tower is constructed at Pumdi-Bhumdi VDC neighbouring the tourist city of Pokhara. The VDC is at an altitude of 1500 metres from the sea level. The tower is constructed with an investment of Rs 6.4 million. The tower offers the view of Pokhara city, Phewa Lake, Lekhnath, Sarangkot, Pame, World Peace Stupa and some parts of Syangja, Parbat and Tanahun districts. Similarly, Machhapuchre, Annapurna, and Dhaulagiri mountains can also be viewed from the tower.</div> <div> </div> <div> The tower is constructed with the financial support from District Technical Office, Pokhara and Ministry of Peace and Re-Construction. Pumdi-Bhumdi lately is developing as an attraction for tourists. </div> <div> </div> <div> According to Umanath Baral, vice-president of Pumdikot Viewtower Construction Committee, the tower will be a renowned landmark of Pokhara. Baral also informed that a master plan has been made to develop Pumdi-Bhumdi as a popular tourist destination. The master pan includes the construction of this view tower, trekking trails, conference halls, cottages and roads.</div>', 'published' => true, 'created' => '2013-09-04', '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' => 'A three-storied view tower is constructed at Pumdi-Bhumdi VDC neighbouring the tourist city of Pokhara.', 'sortorder' => '1616', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '1754', 'article_category_id' => '99', 'title' => 'Singapore’s National Day Celebrated', 'sub_title' => '', 'summary' => null, 'content' => '<div> Nepal-Singapore Friendship Society organized Singapore Day on 26 August at Hotel Annapurna to celebrate Singapore’s 48th National Day. The programme was attended by diplomats, former ambassadors and professional from different walks of life. The event also witnessed the felicitation of the Society by Special Olympics Nepal Chapter. Two Special Olympics gold-medalists presented the President and Vice President with tokens of appreciation for the Society’s support to the organization. </div> <div> </div> <div> Nepal and Singapore both have enjoyed cordial relationship since 1969 when diplomatic relations were established, and since then, numerous bilateral co-operations have taken place over the years. Nepal-Singapore Friendship Society was established in 2011, to further strengthen the relation, and to bring together people in areas of education, culture, tourism, commerce and technology transfer. </div>', 'published' => true, 'created' => '2013-09-04', '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' => 'Nepal-Singapore Friendship Society organized Singapore Day on 26 August at Hotel Annapurna to celebrate Singapore’s 48th National Day.', 'sortorder' => '1615', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '1753', 'article_category_id' => '99', 'title' => 'Father’s Day Specials At Annapurna', 'sub_title' => '', 'summary' => null, 'content' => '<div> Hotel Annapurna is offering exclusive varieties of cakes and Indian sweets, including sugar-free ones, from its Cake Shop on September 4 and 5 to celebrate Father’s Day. The Cake Shop is offering a 15 per cent discount on customized photo cakes exclusively for Father’s Day including 10 per cent discount on Indian sweets. In addition, all three of the hotel’s outlets namely the Arniko Room, Ghar-e-Kabab, and the Coffee Shop will offer 15 per cent discount on food and drinks on Father’s Day.</div>', 'published' => true, 'created' => '2013-09-04', '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' => 'Hotel Annapurna is offering exclusive varieties of cakes and Indian sweets, including sugar-free ones, from its Cake Shop on September 4 and 5 to celebrate Father’s Day.', 'sortorder' => '1614', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 7 => array( 'Article' => array( 'id' => '1752', 'article_category_id' => '99', 'title' => 'Qatar’s Agents Award Night 2012-2013 Celebrated', 'sub_title' => '', 'summary' => null, 'content' => '<div> Qatar Airways organized Agents Award Night 2012 – 2013 on 29 August in Kathmandu. Qatar Airways travel trade partners, Civil Aviation Authority of Nepal (CAAN) and Ministry of Tourism and Civil Aviation (MOTCA) members among others were present in the event. A total of three trophies and 18 certificates were awarded in various categories by Chief Guest Sushil Ghimire, Secretary MOTCA and CAAN, Ratish Chandra Lal Suman, CAAN DG and Qatar Embassy Counsellor M Abdul Nasser Abu Alfain. The top 3 trade partners’ award was bagged by Osho World Travel Nepal (Gold Award 2012-2013), Yeti Travels (Silver Award 2012-2013) and Megabyte Travels and Tours (Burgundy Award 2012-2013).</div>', 'published' => true, 'created' => '2013-09-04', '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 organized Agents Award Night 2012 – 2013 on 29 August in Kathmandu.', 'sortorder' => '1613', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 8 => array( 'Article' => array( 'id' => '1751', 'article_category_id' => '110', 'title' => 'Top Ten Losers (26 August - 01 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-09-03', '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' => '', 'sortorder' => '1612', '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' => '1750', 'article_category_id' => '111', 'title' => 'Top Ten Gainers (26 August - 01 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-09-03', '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' => '', 'sortorder' => '1611', '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' => '1749', 'article_category_id' => '113', 'title' => 'US Dollar Exchange Rate At Local Market (26 August - 01 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-09-03', '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' => '', 'sortorder' => '1610', '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' => '1748', 'article_category_id' => '108', 'title' => 'Money Matters News In Brief (2 - 8 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <strong><span style="font-size:14px;">Everest Bank’s ‘Adopt a School’ Campaign</span></strong></div> <div> Everest Bank began its ‘Adopt a School Campaign’ by handing over school materials to the Janakpur-based Jagrup Shah, Rampukar Shah Higher Secondary School.The Bank’s Chief Executive Officer AK Ahluwalia handed over computers and other school materials to the Principal of the school amid a function last Tuesday.The Bank has said it will dedicate itself in improving the living standards of children through educational support. </div> <div> </div> <div> <strong><span style="font-size:14px;">Shangrila Bank Seven-years-old Now</span></strong></div> <div> Shangrila Development Bank Ltd headquartered at Pokhara turned seven on August 25. The bank organised a blood donation programme at its central office in Newroad, Pokhara to mark the seven years of its establishment. Officiating Chief Executive Officer Dinesh Thakali informed that 55 persons donated their blood during the programme held with the technical support of Nepal Red Cross Society, Pokhara. Thakali also said the bank has a deposit amount of Rs 3.12 billion and has extended a total of Rs 2.71 billion as loans until the end of the Fiscal Year 2012-13, earning Rs 133.6 million operating profit in the review period. </div> <div> </div> <div> <strong><span style="font-size:14px;">15 thousand Benefitted from BoK ‘Youth Save’</span></strong></div> <div> 15 thousand youths benefitted from ‘Youth Save’, a financial education programme jointly run by Bank of Kathmandu Ltd and Save The Children. The programme was launched with an aim to provide banking transactions and saving knowledge to youths. </div> <div> </div> <div> <strong><span style="font-size:14px;">Agricultural loan of Siddhartha Development</span></strong></div> <div> Siddhartha Development Bank Ltd started the SDBL agricultural loan last week. The bank has started this loan as it believes that development of agriculture can develop the country. The bank will float loans to farmers in animal farming, fishery, bee keeping, vegetable and fruit farming, agriculture based handicrafts businesses and purchasing of farming equipment, among others. </div> <div> </div> <div> <strong><span style="font-size:14px;">Global IME’s Branchless Banking Service</span></strong></div> <div> Global IME Bank Ltd extended its branchless service to Sukhipur and Kalyanpur VDCs of Siraha district. Deputy CEO Janak Sharma Poudyal inaugurated the service of the bank last Thursday. Certain banking services are provided through the designated agents in the branchless banking service. </div>', 'published' => true, 'created' => '2013-09-03', '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' => 'Everest Bank began its ‘Adopt a School Campaign’ by handing over school materials to the Janakpur-based Jagrup Shah, Rampukar Shah Higher Secondary School.', 'sortorder' => '1609', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '1747', 'article_category_id' => '109', 'title' => 'Sunrise Bank Shifts Dhalko Branch To Jyatha', 'sub_title' => '', 'summary' => null, 'content' => '<div> Sunrise Bank Limited shifted its Dhalko Branch to Jyatha last Friday. The Bank’s CEO Surendra Man Pradhan inaugurated the branch office of Jyatha. The transactions of Dhalko branch will be now performed from the newly launched branch at Jyatha. CEO Pradhan said the newly shifted branch will offer modern banking services. The new branch will provide the locker and ATM services also. CEO Pradhan informed that the bank has the total deposit of Rs 24.18 billion, while it has extended a total of Rs 19.57 billion as loans. The bank is providing its services to 2 hundred 14 thousand customers through 49 branches across the country.</div>', 'published' => true, 'created' => '2013-09-03', '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' => 'Sunrise Bank Limited shifted its Dhalko Branch to Jyatha last Friday.', 'sortorder' => '1608', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 13 => array( 'Article' => array( 'id' => '1746', 'article_category_id' => '109', 'title' => 'Gold Becomes Dearer With All-time-high Price', 'sub_title' => '', 'summary' => null, 'content' => '<div> The price of gold reached a historical high last Wednesday in the domestic market. The yellow metal witnessed a new record of Rs 63,300 per tola. The price was increased by Rs 3,400 in a single day, while the bullion price in the international market increased by $28 per ounce. According to the Nepal Gold and Silver Dealers’ Association (NEGOSIDA), the increased amount in a single day is also the highest record so far.</div> <div> </div> <div> The highest record of the gold prior to this was on December 2 last year when it was traded on Rs 61, 850. The price then went down gradually and reached its lowest in two years on June 24 this year. </div> <div> </div> <div> The price of gold that surged abruptly last Wednesday eventually slumped last Thursday and Friday. Gold was traded at Rs 62,200 and Rs 61,200 on Thursday and Friday, respectively. Experts attribute the devaluation of local currency against the US dollar to the rise of bullion price. Similarly, the possibility of attack on Syria by the America is also to be blamed for the sudden rise of gold prices in the domestic market. Some say the customers are investing in the gold with the belief that the dollar would start depreciating after the continuous rise in the value which has helped to raise its price.</div>', 'published' => true, 'created' => '2013-09-03', '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 price of gold reached a historical high last Wednesday in the domestic market.', 'sortorder' => '1607', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 14 => array( 'Article' => array( 'id' => '1745', 'article_category_id' => '109', 'title' => 'Bangladesh Bank Tops The Share Market', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Sagar Ghimire</strong></div> <div> </div> <div> Nepse index has inclined by 3.33 points during the last week. It had closed 548.11 on Sunday (August 25) and reached 551.44 at the end of trading day on Thursday (August 29). The Nepse point crossed 550 for the first time in the past six months on the second trading day (August 26) last week and reached 552.24. Earlier on February 17, the Nepse index had reached 555.93. Experts say that most companies listed in the share market are likely to distribute the dividend so the expectation of dividends is the key factor behind pushing the Nepse index to 556.</div> <div> </div> <div> Shares of 131 companies were traded during the week through 8234 transactions, which amount to Rs 872.19 million. The market floor opened for four days this week. The transaction amount is 37.44 per cent higher than the previous week. In an earlier week, shares of 127 companies were traded at Nepse in three days. The total numbers of scrips traded during the week was 2,621,917, which is less by 87385 in comparison to the previous week. The transaction amount of A class companies only accounts to 44.99 per cent of total amount, which equals to Rs 392.38 million.</div> <div> </div> <div> The Bangladesh Bank Ltd topped the list of companies in terms of transaction amount and number of scrips traded during the week. The Bank traded 489,899 scrips amount worth Rs 174.04 million. The Bank was also at the top of the list to have a highest number of transactions (1140). Chilime Hydro Power Company remained second in the top list to have the highest transaction during the week with an amount worth 82.32 Million.</div> <div> </div> <div> In sub-index, the Hydropower sector increased heavily by 98.22 points closing at 1303.35, while Insurance decreased the highest by 4.91 points. The Insurance sector opened at 1220.58 points and closed at 1215.676. Similarly, it was the Commercial Banks that observed a decline in the share markets last week. The Commercial Bank sub-index decreased by 1.27 points closing at 534.95. Except Insurance and Commercial Banks, there was increment in all sectors in the sub-index. Share analysts attribute the rise of the share price of Chilime Hydro Power Company Ltd (CHCL) to heavy increment in the Hydropower Sector. The trade price of the CHCL has increased by Rs 87 closing at Rs 1840.</div> <div> </div> <div> <img alt="Sectors" src="/userfiles/images/sectors(3).jpg" style="width: 500px; height: 130px;" /></div> <div> <hr /> <p> <strong><span style="font-size:14px;">Nepse Increases on Sunday</span></strong></p> </div> <div> Nepse index increased by 0.18 points closing at 551.55 on Sunday, September 1. Banking, Development Banks, Manufacturing and Production sectors’ sub-indices decreased, while Hotel, Hydropower, Finance, Insurance and Others sectors saw increment in the share market. The Insurance sector increased the most by 15.84 points. Among the sectors that witnessed decline, it was the Manufacturing and Production sector that dropped the most by 10.38.</div> <div> </div> <div> Shares of 112 companies were traded at Nepse on the day through 2236 transactions, amounting to Rs 276.47 million.</div> <div> </div>', 'published' => true, 'created' => '2013-09-03', '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' => 'Nepse index has inclined by 3.33 points during the last week. 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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '1759', 'article_category_id' => '115', 'title' => 'Tech Briefs (2 - 8 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <strong><span style="font-size:14px;">Now, Send Your Own Spacecraft to Moon for 199 Pounds</span></strong></div> <div> Space enthusiasts now have a unique chance to explore the solar system with their own spacecraft – just for 199 pounds! A British company plans to launch thousands of miniature probes on to the Moon, each of which can be bought for 199 pounds and personalised by the sponsor. The probes, to be launched by Pocket Spacecraft, are the size of a CD and as thin as a piece of paper. They will be released over the Earth in June 2015 and over the Moon in June 2016.Explorers can personalise their own spacecraft by adding a picture and customising the message it transmits using just their web browser. People can watch online as their Pocket Spacecraft is built in the lab and loaded into an Interplanetary CubeSat Mothership.</div> <div> </div> <div> <strong><span style="font-size:14px;">NASA may Send Sail-Powered Zephyr Rover to Venus</span></strong></div> <div> NASA is considering sending a sail-powered robotic rover to Venus that could use the planet’s high wind speeds and hot temperatures for exploration. The wind-sailing rover would not only be able to move around Venus, but would also have electronics inside able to withstand the temperatures of 450 degrees Celsius. The rover, nicknamed Zephyr, would spend most of its time on Venus doing analysis on the ground. However, whenever the science team wants to move some distance, it would deploy a sail that could bring it across the surface. One vision sees it sailing for about 15 minutes a day for about a month, ‘Universe Today’ reported.</div> <div> </div> <div> <strong><span style="font-size:14px;">Nissan to Sell Self-Driving Cars by 2020</span></strong></div> <div> Nissan Motor Co Ltd said it will be ready to bring fully self-driving vehicles to market by 2020. The Japanese automaker said it plans to offer “multiple, commercially viable” vehicles that are capable of autonomous operation without driver input. The self-driving vehicles will be sold “at realistic prices for consumers,” the company said at a media event in Irvine, California. Nissan said its goal is to offer autonomous cars “across the model range within two vehicle generations” - about 10-12 years after the projected 2020 launch. </div> <div> </div> <div> <strong><span style="font-size:14px;">China’s Xiaomi Poaches Top Google Exec</span></strong></div> <div> Chinese Internet and smartphone company Xiaomi has poached Google executive Hugo Barra to help fulfill its ambition to become a global player. Barra, who was vice president of Google Android, announced his departure on his Google Plus account. He will take up his new post in October, Xiaomi CEO Lei Jun wrote in a Weibo post, China’s version of Twitter. Xiaomi, which operates a version of the Android mobile platform, is China’s sixth-biggest smartphone company and is growing rapidly.</div>', 'published' => true, 'created' => '2013-09-04', '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' => 'Space enthusiasts now have a unique chance to explore the solar system with their own spacecraft – just for 199 pounds!', 'sortorder' => '1620', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '1758', 'article_category_id' => '116', 'title' => 'LG Announces G Pad Android Tablet', 'sub_title' => '', 'summary' => null, 'content' => '<div> <img alt="LG G Pad 8.3" src="/userfiles/images/lg(3).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 200px; height: 251px;" />LG has taken the wraps off their brand new Android tablet – the LG G Pad 8.3 Following up on its initial tease from earlier last week. The G Pad 8.3 has a 1920×1200 WUXGA (Widescreen Ultra Extended Graphics Array) display, which LG claim makes it the first 8-inch tablet with a Full HD display. Other features on the G Pad 8.3 include a Snapdragon 600 chipset with a quad-core CPU clocked at 1.7GHz and Adreno 320 GPU, 2GB of LPDDR2 RAM and 16GB internal storage space. On the back is a 5 megapixel camera and on the front is a 1.3 megapixel shooter. The G Pad 8.3 is powered by a 4,600mAh battery but LG hasn’t made any claims regarding the battery life. The G Pad 8.3 runs on Android 4.2.2.</div> <div> </div> <div> The G Pad 8.3 measures at 216.8 x 126.5 x 8.3mm, which is slightly more than the Nexus 7, which measures 200 x 114 x 8.65mm. It also weighs a bit more at 338g, compared to the Nexus 7’s 290g. LG hasn’t specified any network connectivity so it’s likely that the G Pad 8.3 is Wi-Fi only, unlike the Nexus 7 which also supports LTE. The LG G Pad 8.3 will go on sale in North America, Europe and Asia as well as other regions starting in the fourth quarter of 2013. No prices have been mentioned so far and will be revealed at launch.</div>', 'published' => true, 'created' => '2013-09-04', 'modified' => '2013-09-04', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'LG has taken the wraps off their brand new Android tablet – the LG G Pad 8.3 Following up on its initial tease from earlier last week.', 'sortorder' => '1619', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '1757', 'article_category_id' => '100', 'title' => 'Tourism Briefs (2 - 8 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <strong><span style="font-size:14px;">Tourism Growth ‘Exceeds Expectations’-UNWTO</span></strong></div> <div> International tourist arrivals increased by five per cent during the first half of 2013, reaching almost 500 million, according the latest data from the UNWTO. This level of growth exceeded the projection of 3-4 per cent made at the beginning of the year, and is also ahead of the UNWTO long-term’s ‘Tourism Towards 2030’ outlook, which projects annual growth of 3.8 per cent. Destinations around the world welcomed 494 million overnight visitors in the first six months of 2013, according to the UNWTO World Tourism Barometer, which was released to coincide with UNWTO 20th General Assembly. This marks a increase of approximately 25 million visitors compared to the first half of 2012, with demand for travel to emerging destinations increasing at a faster rate (+6 per cent) than in developed countries (+4 per cent). (Traveldailymedia.com)</div> <div> </div> <div> <strong><span style="font-size:14px;">StayWell Opens First Hotel in India</span></strong></div> <div> <img alt="Stay well" src="/userfiles/images/stay.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 118px;" />Australian hotel management company StayWell Hospitality Group has opened its first hotel in India – the Leisure Inn Grand Chanakya Jaipur. Located on the main MI Road in the Rajasthan city, the new property will offer “value for money and personalised services”, according to StayWell. And this launch marks the start of a major expansion for the company in India. It now plans to add six more properties in Gurgaon, Mumbai, Greater Noida, Raipur, Hyderabad and Goa in the next nine months, and aims to have a portfolio 25 properties across the country by 2015. StayWell now has a network of more than 27 properties in Australia, Singapore, Indonesia, the UAE and now India. It plans to expand to 100 hotels within the next three years, including its first properties in China and Europe. (Traveldailymedia.com)</div> <div> </div> <div> <strong><span style="font-size:14px;">Global Corporate Bookings Surge in July </span></strong></div> <div> Global corporate bookings grew +5.5 per cent over 2012’s level in July, according to Pegasus Solutions, the world’s largest processor of electronic hotel transactions. The promising uptick in business travel was accompanied by substantial leisure demand that paled in comparison to strong gains achieved last year. The mid-season growth spurt in business reservations came after the corporate channel leveled out at prior year volumes at the end of the second quarter. Rates paid through the global distribution systems (GDS) also pushed past second quarter levels that had ebbed slightly in June. By month-end, average daily rates (ADR) for corporate bookings surpassed prior year by +0.3 per cent, setting a year-to-date growth pace of +0.7 per cent over 2012. (Traveldailynews.com) </div> <div> </div> <div> <strong><span style="font-size:14px;">The World’s Best and Worst Airports for Connecting On Time </span></strong></div> <div> Which are the best and worst airports for making connecting flights and why? Wayne Chen, president of Mo’Zippity Apps, discovered the answers while creating Connect On Time – the mobile app that provides specific gate-to-gate connect times for many of the world’s top destination airports. The picks are based upon the number of barriers and amount of time needed at each airport to get between its furthest gates once security and passport control lines have been cleared.</div> <div> </div> <div> <strong>10 Best</strong></div> <div> 1. <span class="Apple-tab-span" style="white-space:pre"> </span>Zurich Airport</div> <div> 2. <span class="Apple-tab-span" style="white-space:pre"> </span>Salt Lake City International </div> <div> 3. <span class="Apple-tab-span" style="white-space:pre"> </span>Tampa International </div> <div> 4. <span class="Apple-tab-span" style="white-space:pre"> </span>Orlando International </div> <div> 5. <span class="Apple-tab-span" style="white-space:pre"> </span>Charlotte Douglas International </div> <div> 6. <span class="Apple-tab-span" style="white-space:pre"> </span>Denver International </div> <div> 7. <span class="Apple-tab-span" style="white-space:pre"> </span>London Stansted </div> <div> 8. <span class="Apple-tab-span" style="white-space:pre"> </span>Fort Lauderdale-Hollywood International </div> <div> 9. <span class="Apple-tab-span" style="white-space:pre"> </span>Dubai International </div> <div> 10. <span class="Apple-tab-span" style="white-space:pre"> </span>Hong Kong International</div> <div> </div> <div> <strong>10 Worst</strong></div> <div> 1.<span class="Apple-tab-span" style="white-space:pre"> </span>Beijing Capital International </div> <div> 2. <span class="Apple-tab-span" style="white-space:pre"> </span>London Heathrow </div> <div> 3. <span class="Apple-tab-span" style="white-space:pre"> </span>Paris Charles de Gaulle </div> <div> 4. <span class="Apple-tab-span" style="white-space:pre"> </span>Shanghai Pudong International </div> <div> 5. <span class="Apple-tab-span" style="white-space:pre"> </span>Los Angeles International</div> <div> 6. <span class="Apple-tab-span" style="white-space:pre"> </span>Sydney Kingsford Smith </div> <div> 7. <span class="Apple-tab-span" style="white-space:pre"> </span>Tokyo Narita International </div> <div> 8. <span class="Apple-tab-span" style="white-space:pre"> </span>Boston Logan International </div> <div> 9. <span class="Apple-tab-span" style="white-space:pre"> </span>Frankfurt International </div> <div> 10. <span class="Apple-tab-span" style="white-space:pre"> </span>Chicago O’Hare International</div> <div> <em>(Traveldailynews.com)</em></div>', 'published' => true, 'created' => '2013-09-04', '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' => 'International tourist arrivals increased by five per cent during the first half of 2013, reaching almost 500 million, according the latest data from the UNWTO.', 'sortorder' => '1618', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '1756', 'article_category_id' => '99', 'title' => 'Etihad Airways Expands ‘Businessconnect’ Across The Globe', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> Etihad Airways has extended BusinessConnect, its loyalty program for businesses, to 11 new markets including Bahrain, Belarus, Kuwait, Lebanon, Malaysia, Nepal, the Netherlands, Oman, the Philippines, Qatar and Thailand. The mileage earning program is targeted at the Small to Medium-Sized Enterprise (SME) sector, offering opportunities and benefits for companies who fly with Etihad Airways.</div> <div> </div> <div> As part of the guest loyalty program, registered BusinessConnect customers are able to earn Etihad Guest Miles every time one of their employees takes a flight. Etihad Guest Miles can be earned on all Etihad Airways tickets booked on etihad.com, through Etihad Contact Centres, or by appointed travel agents. There are also no blackout periods when redeeming miles against upgrades, free flights, or the thousands of products from the Etihad Guest Reward Shop. The points can even be converted to cash via PointsPay to spend at thirty million outlets worldwide.</div> <div> </div> <div> Also, Etihad Cargo, part of Etihad Airways, has posted record monthly uplift figures for July of 45,000 tonnes, a 37 per cent increase on the same month in 2012.“Over the past 12 months we’ve strengthened our global cargo business, expanded operations across new and existing trade lanes and seen demand continue to grow,” said Etihad Airways’ Chief Strategy and Planning Officer, Kevin Knight. The figures for July were driven largely by increases in key export markets such as India, Hong Kong and China and demand into the Middle East for foodstuffs ahead of the Holy Month of Ramadan, predominately from The Netherlands, says a press statement from the airways.</div>', 'published' => true, 'created' => '2013-09-04', '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' => 'Etihad Airways has extended BusinessConnect, its loyalty program for businesses, to 11 new markets including Bahrain, Belarus, Kuwait, Lebanon, Malaysia, Nepal, the Netherlands, Oman, the Philippines, Qatar and Thailand.', 'sortorder' => '1617', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '1755', 'article_category_id' => '99', 'title' => 'View Tower Constructed At Pumdi-Bhumdi', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> A three-storied view tower is constructed at Pumdi-Bhumdi VDC neighbouring the tourist city of Pokhara. The VDC is at an altitude of 1500 metres from the sea level. The tower is constructed with an investment of Rs 6.4 million. The tower offers the view of Pokhara city, Phewa Lake, Lekhnath, Sarangkot, Pame, World Peace Stupa and some parts of Syangja, Parbat and Tanahun districts. Similarly, Machhapuchre, Annapurna, and Dhaulagiri mountains can also be viewed from the tower.</div> <div> </div> <div> The tower is constructed with the financial support from District Technical Office, Pokhara and Ministry of Peace and Re-Construction. Pumdi-Bhumdi lately is developing as an attraction for tourists. </div> <div> </div> <div> According to Umanath Baral, vice-president of Pumdikot Viewtower Construction Committee, the tower will be a renowned landmark of Pokhara. Baral also informed that a master plan has been made to develop Pumdi-Bhumdi as a popular tourist destination. The master pan includes the construction of this view tower, trekking trails, conference halls, cottages and roads.</div>', 'published' => true, 'created' => '2013-09-04', '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' => 'A three-storied view tower is constructed at Pumdi-Bhumdi VDC neighbouring the tourist city of Pokhara.', 'sortorder' => '1616', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '1754', 'article_category_id' => '99', 'title' => 'Singapore’s National Day Celebrated', 'sub_title' => '', 'summary' => null, 'content' => '<div> Nepal-Singapore Friendship Society organized Singapore Day on 26 August at Hotel Annapurna to celebrate Singapore’s 48th National Day. The programme was attended by diplomats, former ambassadors and professional from different walks of life. The event also witnessed the felicitation of the Society by Special Olympics Nepal Chapter. Two Special Olympics gold-medalists presented the President and Vice President with tokens of appreciation for the Society’s support to the organization. </div> <div> </div> <div> Nepal and Singapore both have enjoyed cordial relationship since 1969 when diplomatic relations were established, and since then, numerous bilateral co-operations have taken place over the years. Nepal-Singapore Friendship Society was established in 2011, to further strengthen the relation, and to bring together people in areas of education, culture, tourism, commerce and technology transfer. </div>', 'published' => true, 'created' => '2013-09-04', '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' => 'Nepal-Singapore Friendship Society organized Singapore Day on 26 August at Hotel Annapurna to celebrate Singapore’s 48th National Day.', 'sortorder' => '1615', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '1753', 'article_category_id' => '99', 'title' => 'Father’s Day Specials At Annapurna', 'sub_title' => '', 'summary' => null, 'content' => '<div> Hotel Annapurna is offering exclusive varieties of cakes and Indian sweets, including sugar-free ones, from its Cake Shop on September 4 and 5 to celebrate Father’s Day. The Cake Shop is offering a 15 per cent discount on customized photo cakes exclusively for Father’s Day including 10 per cent discount on Indian sweets. In addition, all three of the hotel’s outlets namely the Arniko Room, Ghar-e-Kabab, and the Coffee Shop will offer 15 per cent discount on food and drinks on Father’s Day.</div>', 'published' => true, 'created' => '2013-09-04', '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' => 'Hotel Annapurna is offering exclusive varieties of cakes and Indian sweets, including sugar-free ones, from its Cake Shop on September 4 and 5 to celebrate Father’s Day.', 'sortorder' => '1614', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 7 => array( 'Article' => array( 'id' => '1752', 'article_category_id' => '99', 'title' => 'Qatar’s Agents Award Night 2012-2013 Celebrated', 'sub_title' => '', 'summary' => null, 'content' => '<div> Qatar Airways organized Agents Award Night 2012 – 2013 on 29 August in Kathmandu. Qatar Airways travel trade partners, Civil Aviation Authority of Nepal (CAAN) and Ministry of Tourism and Civil Aviation (MOTCA) members among others were present in the event. A total of three trophies and 18 certificates were awarded in various categories by Chief Guest Sushil Ghimire, Secretary MOTCA and CAAN, Ratish Chandra Lal Suman, CAAN DG and Qatar Embassy Counsellor M Abdul Nasser Abu Alfain. The top 3 trade partners’ award was bagged by Osho World Travel Nepal (Gold Award 2012-2013), Yeti Travels (Silver Award 2012-2013) and Megabyte Travels and Tours (Burgundy Award 2012-2013).</div>', 'published' => true, 'created' => '2013-09-04', '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 organized Agents Award Night 2012 – 2013 on 29 August in Kathmandu.', 'sortorder' => '1613', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 8 => array( 'Article' => array( 'id' => '1751', 'article_category_id' => '110', 'title' => 'Top Ten Losers (26 August - 01 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-09-03', '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' => '', 'sortorder' => '1612', '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' => '1750', 'article_category_id' => '111', 'title' => 'Top Ten Gainers (26 August - 01 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-09-03', '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' => '', 'sortorder' => '1611', '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' => '1749', 'article_category_id' => '113', 'title' => 'US Dollar Exchange Rate At Local Market (26 August - 01 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-09-03', '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' => '', 'sortorder' => '1610', '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' => '1748', 'article_category_id' => '108', 'title' => 'Money Matters News In Brief (2 - 8 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <strong><span style="font-size:14px;">Everest Bank’s ‘Adopt a School’ Campaign</span></strong></div> <div> Everest Bank began its ‘Adopt a School Campaign’ by handing over school materials to the Janakpur-based Jagrup Shah, Rampukar Shah Higher Secondary School.The Bank’s Chief Executive Officer AK Ahluwalia handed over computers and other school materials to the Principal of the school amid a function last Tuesday.The Bank has said it will dedicate itself in improving the living standards of children through educational support. </div> <div> </div> <div> <strong><span style="font-size:14px;">Shangrila Bank Seven-years-old Now</span></strong></div> <div> Shangrila Development Bank Ltd headquartered at Pokhara turned seven on August 25. The bank organised a blood donation programme at its central office in Newroad, Pokhara to mark the seven years of its establishment. Officiating Chief Executive Officer Dinesh Thakali informed that 55 persons donated their blood during the programme held with the technical support of Nepal Red Cross Society, Pokhara. Thakali also said the bank has a deposit amount of Rs 3.12 billion and has extended a total of Rs 2.71 billion as loans until the end of the Fiscal Year 2012-13, earning Rs 133.6 million operating profit in the review period. </div> <div> </div> <div> <strong><span style="font-size:14px;">15 thousand Benefitted from BoK ‘Youth Save’</span></strong></div> <div> 15 thousand youths benefitted from ‘Youth Save’, a financial education programme jointly run by Bank of Kathmandu Ltd and Save The Children. The programme was launched with an aim to provide banking transactions and saving knowledge to youths. </div> <div> </div> <div> <strong><span style="font-size:14px;">Agricultural loan of Siddhartha Development</span></strong></div> <div> Siddhartha Development Bank Ltd started the SDBL agricultural loan last week. The bank has started this loan as it believes that development of agriculture can develop the country. The bank will float loans to farmers in animal farming, fishery, bee keeping, vegetable and fruit farming, agriculture based handicrafts businesses and purchasing of farming equipment, among others. </div> <div> </div> <div> <strong><span style="font-size:14px;">Global IME’s Branchless Banking Service</span></strong></div> <div> Global IME Bank Ltd extended its branchless service to Sukhipur and Kalyanpur VDCs of Siraha district. Deputy CEO Janak Sharma Poudyal inaugurated the service of the bank last Thursday. Certain banking services are provided through the designated agents in the branchless banking service. </div>', 'published' => true, 'created' => '2013-09-03', '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' => 'Everest Bank began its ‘Adopt a School Campaign’ by handing over school materials to the Janakpur-based Jagrup Shah, Rampukar Shah Higher Secondary School.', 'sortorder' => '1609', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '1747', 'article_category_id' => '109', 'title' => 'Sunrise Bank Shifts Dhalko Branch To Jyatha', 'sub_title' => '', 'summary' => null, 'content' => '<div> Sunrise Bank Limited shifted its Dhalko Branch to Jyatha last Friday. The Bank’s CEO Surendra Man Pradhan inaugurated the branch office of Jyatha. The transactions of Dhalko branch will be now performed from the newly launched branch at Jyatha. CEO Pradhan said the newly shifted branch will offer modern banking services. The new branch will provide the locker and ATM services also. CEO Pradhan informed that the bank has the total deposit of Rs 24.18 billion, while it has extended a total of Rs 19.57 billion as loans. The bank is providing its services to 2 hundred 14 thousand customers through 49 branches across the country.</div>', 'published' => true, 'created' => '2013-09-03', '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' => 'Sunrise Bank Limited shifted its Dhalko Branch to Jyatha last Friday.', 'sortorder' => '1608', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 13 => array( 'Article' => array( 'id' => '1746', 'article_category_id' => '109', 'title' => 'Gold Becomes Dearer With All-time-high Price', 'sub_title' => '', 'summary' => null, 'content' => '<div> The price of gold reached a historical high last Wednesday in the domestic market. The yellow metal witnessed a new record of Rs 63,300 per tola. The price was increased by Rs 3,400 in a single day, while the bullion price in the international market increased by $28 per ounce. According to the Nepal Gold and Silver Dealers’ Association (NEGOSIDA), the increased amount in a single day is also the highest record so far.</div> <div> </div> <div> The highest record of the gold prior to this was on December 2 last year when it was traded on Rs 61, 850. The price then went down gradually and reached its lowest in two years on June 24 this year. </div> <div> </div> <div> The price of gold that surged abruptly last Wednesday eventually slumped last Thursday and Friday. Gold was traded at Rs 62,200 and Rs 61,200 on Thursday and Friday, respectively. Experts attribute the devaluation of local currency against the US dollar to the rise of bullion price. Similarly, the possibility of attack on Syria by the America is also to be blamed for the sudden rise of gold prices in the domestic market. Some say the customers are investing in the gold with the belief that the dollar would start depreciating after the continuous rise in the value which has helped to raise its price.</div>', 'published' => true, 'created' => '2013-09-03', '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 price of gold reached a historical high last Wednesday in the domestic market.', 'sortorder' => '1607', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 14 => array( 'Article' => array( 'id' => '1745', 'article_category_id' => '109', 'title' => 'Bangladesh Bank Tops The Share Market', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Sagar Ghimire</strong></div> <div> </div> <div> Nepse index has inclined by 3.33 points during the last week. It had closed 548.11 on Sunday (August 25) and reached 551.44 at the end of trading day on Thursday (August 29). The Nepse point crossed 550 for the first time in the past six months on the second trading day (August 26) last week and reached 552.24. Earlier on February 17, the Nepse index had reached 555.93. Experts say that most companies listed in the share market are likely to distribute the dividend so the expectation of dividends is the key factor behind pushing the Nepse index to 556.</div> <div> </div> <div> Shares of 131 companies were traded during the week through 8234 transactions, which amount to Rs 872.19 million. The market floor opened for four days this week. The transaction amount is 37.44 per cent higher than the previous week. In an earlier week, shares of 127 companies were traded at Nepse in three days. The total numbers of scrips traded during the week was 2,621,917, which is less by 87385 in comparison to the previous week. The transaction amount of A class companies only accounts to 44.99 per cent of total amount, which equals to Rs 392.38 million.</div> <div> </div> <div> The Bangladesh Bank Ltd topped the list of companies in terms of transaction amount and number of scrips traded during the week. The Bank traded 489,899 scrips amount worth Rs 174.04 million. The Bank was also at the top of the list to have a highest number of transactions (1140). Chilime Hydro Power Company remained second in the top list to have the highest transaction during the week with an amount worth 82.32 Million.</div> <div> </div> <div> In sub-index, the Hydropower sector increased heavily by 98.22 points closing at 1303.35, while Insurance decreased the highest by 4.91 points. The Insurance sector opened at 1220.58 points and closed at 1215.676. Similarly, it was the Commercial Banks that observed a decline in the share markets last week. The Commercial Bank sub-index decreased by 1.27 points closing at 534.95. Except Insurance and Commercial Banks, there was increment in all sectors in the sub-index. Share analysts attribute the rise of the share price of Chilime Hydro Power Company Ltd (CHCL) to heavy increment in the Hydropower Sector. The trade price of the CHCL has increased by Rs 87 closing at Rs 1840.</div> <div> </div> <div> <img alt="Sectors" src="/userfiles/images/sectors(3).jpg" style="width: 500px; height: 130px;" /></div> <div> <hr /> <p> <strong><span style="font-size:14px;">Nepse Increases on Sunday</span></strong></p> </div> <div> Nepse index increased by 0.18 points closing at 551.55 on Sunday, September 1. Banking, Development Banks, Manufacturing and Production sectors’ sub-indices decreased, while Hotel, Hydropower, Finance, Insurance and Others sectors saw increment in the share market. The Insurance sector increased the most by 15.84 points. Among the sectors that witnessed decline, it was the Manufacturing and Production sector that dropped the most by 10.38.</div> <div> </div> <div> Shares of 112 companies were traded at Nepse on the day through 2236 transactions, amounting to Rs 276.47 million.</div> <div> </div>', 'published' => true, 'created' => '2013-09-03', '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' => 'Nepse index has inclined by 3.33 points during the last week. 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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '1759', 'article_category_id' => '115', 'title' => 'Tech Briefs (2 - 8 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <strong><span style="font-size:14px;">Now, Send Your Own Spacecraft to Moon for 199 Pounds</span></strong></div> <div> Space enthusiasts now have a unique chance to explore the solar system with their own spacecraft – just for 199 pounds! A British company plans to launch thousands of miniature probes on to the Moon, each of which can be bought for 199 pounds and personalised by the sponsor. The probes, to be launched by Pocket Spacecraft, are the size of a CD and as thin as a piece of paper. They will be released over the Earth in June 2015 and over the Moon in June 2016.Explorers can personalise their own spacecraft by adding a picture and customising the message it transmits using just their web browser. People can watch online as their Pocket Spacecraft is built in the lab and loaded into an Interplanetary CubeSat Mothership.</div> <div> </div> <div> <strong><span style="font-size:14px;">NASA may Send Sail-Powered Zephyr Rover to Venus</span></strong></div> <div> NASA is considering sending a sail-powered robotic rover to Venus that could use the planet’s high wind speeds and hot temperatures for exploration. The wind-sailing rover would not only be able to move around Venus, but would also have electronics inside able to withstand the temperatures of 450 degrees Celsius. The rover, nicknamed Zephyr, would spend most of its time on Venus doing analysis on the ground. However, whenever the science team wants to move some distance, it would deploy a sail that could bring it across the surface. One vision sees it sailing for about 15 minutes a day for about a month, ‘Universe Today’ reported.</div> <div> </div> <div> <strong><span style="font-size:14px;">Nissan to Sell Self-Driving Cars by 2020</span></strong></div> <div> Nissan Motor Co Ltd said it will be ready to bring fully self-driving vehicles to market by 2020. The Japanese automaker said it plans to offer “multiple, commercially viable” vehicles that are capable of autonomous operation without driver input. The self-driving vehicles will be sold “at realistic prices for consumers,” the company said at a media event in Irvine, California. Nissan said its goal is to offer autonomous cars “across the model range within two vehicle generations” - about 10-12 years after the projected 2020 launch. </div> <div> </div> <div> <strong><span style="font-size:14px;">China’s Xiaomi Poaches Top Google Exec</span></strong></div> <div> Chinese Internet and smartphone company Xiaomi has poached Google executive Hugo Barra to help fulfill its ambition to become a global player. Barra, who was vice president of Google Android, announced his departure on his Google Plus account. He will take up his new post in October, Xiaomi CEO Lei Jun wrote in a Weibo post, China’s version of Twitter. Xiaomi, which operates a version of the Android mobile platform, is China’s sixth-biggest smartphone company and is growing rapidly.</div>', 'published' => true, 'created' => '2013-09-04', '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' => 'Space enthusiasts now have a unique chance to explore the solar system with their own spacecraft – just for 199 pounds!', 'sortorder' => '1620', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '1758', 'article_category_id' => '116', 'title' => 'LG Announces G Pad Android Tablet', 'sub_title' => '', 'summary' => null, 'content' => '<div> <img alt="LG G Pad 8.3" src="/userfiles/images/lg(3).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 200px; height: 251px;" />LG has taken the wraps off their brand new Android tablet – the LG G Pad 8.3 Following up on its initial tease from earlier last week. The G Pad 8.3 has a 1920×1200 WUXGA (Widescreen Ultra Extended Graphics Array) display, which LG claim makes it the first 8-inch tablet with a Full HD display. Other features on the G Pad 8.3 include a Snapdragon 600 chipset with a quad-core CPU clocked at 1.7GHz and Adreno 320 GPU, 2GB of LPDDR2 RAM and 16GB internal storage space. On the back is a 5 megapixel camera and on the front is a 1.3 megapixel shooter. The G Pad 8.3 is powered by a 4,600mAh battery but LG hasn’t made any claims regarding the battery life. The G Pad 8.3 runs on Android 4.2.2.</div> <div> </div> <div> The G Pad 8.3 measures at 216.8 x 126.5 x 8.3mm, which is slightly more than the Nexus 7, which measures 200 x 114 x 8.65mm. It also weighs a bit more at 338g, compared to the Nexus 7’s 290g. LG hasn’t specified any network connectivity so it’s likely that the G Pad 8.3 is Wi-Fi only, unlike the Nexus 7 which also supports LTE. The LG G Pad 8.3 will go on sale in North America, Europe and Asia as well as other regions starting in the fourth quarter of 2013. No prices have been mentioned so far and will be revealed at launch.</div>', 'published' => true, 'created' => '2013-09-04', 'modified' => '2013-09-04', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'LG has taken the wraps off their brand new Android tablet – the LG G Pad 8.3 Following up on its initial tease from earlier last week.', 'sortorder' => '1619', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '1757', 'article_category_id' => '100', 'title' => 'Tourism Briefs (2 - 8 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <strong><span style="font-size:14px;">Tourism Growth ‘Exceeds Expectations’-UNWTO</span></strong></div> <div> International tourist arrivals increased by five per cent during the first half of 2013, reaching almost 500 million, according the latest data from the UNWTO. This level of growth exceeded the projection of 3-4 per cent made at the beginning of the year, and is also ahead of the UNWTO long-term’s ‘Tourism Towards 2030’ outlook, which projects annual growth of 3.8 per cent. Destinations around the world welcomed 494 million overnight visitors in the first six months of 2013, according to the UNWTO World Tourism Barometer, which was released to coincide with UNWTO 20th General Assembly. This marks a increase of approximately 25 million visitors compared to the first half of 2012, with demand for travel to emerging destinations increasing at a faster rate (+6 per cent) than in developed countries (+4 per cent). (Traveldailymedia.com)</div> <div> </div> <div> <strong><span style="font-size:14px;">StayWell Opens First Hotel in India</span></strong></div> <div> <img alt="Stay well" src="/userfiles/images/stay.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 118px;" />Australian hotel management company StayWell Hospitality Group has opened its first hotel in India – the Leisure Inn Grand Chanakya Jaipur. Located on the main MI Road in the Rajasthan city, the new property will offer “value for money and personalised services”, according to StayWell. And this launch marks the start of a major expansion for the company in India. It now plans to add six more properties in Gurgaon, Mumbai, Greater Noida, Raipur, Hyderabad and Goa in the next nine months, and aims to have a portfolio 25 properties across the country by 2015. StayWell now has a network of more than 27 properties in Australia, Singapore, Indonesia, the UAE and now India. It plans to expand to 100 hotels within the next three years, including its first properties in China and Europe. (Traveldailymedia.com)</div> <div> </div> <div> <strong><span style="font-size:14px;">Global Corporate Bookings Surge in July </span></strong></div> <div> Global corporate bookings grew +5.5 per cent over 2012’s level in July, according to Pegasus Solutions, the world’s largest processor of electronic hotel transactions. The promising uptick in business travel was accompanied by substantial leisure demand that paled in comparison to strong gains achieved last year. The mid-season growth spurt in business reservations came after the corporate channel leveled out at prior year volumes at the end of the second quarter. Rates paid through the global distribution systems (GDS) also pushed past second quarter levels that had ebbed slightly in June. By month-end, average daily rates (ADR) for corporate bookings surpassed prior year by +0.3 per cent, setting a year-to-date growth pace of +0.7 per cent over 2012. (Traveldailynews.com) </div> <div> </div> <div> <strong><span style="font-size:14px;">The World’s Best and Worst Airports for Connecting On Time </span></strong></div> <div> Which are the best and worst airports for making connecting flights and why? Wayne Chen, president of Mo’Zippity Apps, discovered the answers while creating Connect On Time – the mobile app that provides specific gate-to-gate connect times for many of the world’s top destination airports. The picks are based upon the number of barriers and amount of time needed at each airport to get between its furthest gates once security and passport control lines have been cleared.</div> <div> </div> <div> <strong>10 Best</strong></div> <div> 1. <span class="Apple-tab-span" style="white-space:pre"> </span>Zurich Airport</div> <div> 2. <span class="Apple-tab-span" style="white-space:pre"> </span>Salt Lake City International </div> <div> 3. <span class="Apple-tab-span" style="white-space:pre"> </span>Tampa International </div> <div> 4. <span class="Apple-tab-span" style="white-space:pre"> </span>Orlando International </div> <div> 5. <span class="Apple-tab-span" style="white-space:pre"> </span>Charlotte Douglas International </div> <div> 6. <span class="Apple-tab-span" style="white-space:pre"> </span>Denver International </div> <div> 7. <span class="Apple-tab-span" style="white-space:pre"> </span>London Stansted </div> <div> 8. <span class="Apple-tab-span" style="white-space:pre"> </span>Fort Lauderdale-Hollywood International </div> <div> 9. <span class="Apple-tab-span" style="white-space:pre"> </span>Dubai International </div> <div> 10. <span class="Apple-tab-span" style="white-space:pre"> </span>Hong Kong International</div> <div> </div> <div> <strong>10 Worst</strong></div> <div> 1.<span class="Apple-tab-span" style="white-space:pre"> </span>Beijing Capital International </div> <div> 2. <span class="Apple-tab-span" style="white-space:pre"> </span>London Heathrow </div> <div> 3. <span class="Apple-tab-span" style="white-space:pre"> </span>Paris Charles de Gaulle </div> <div> 4. <span class="Apple-tab-span" style="white-space:pre"> </span>Shanghai Pudong International </div> <div> 5. <span class="Apple-tab-span" style="white-space:pre"> </span>Los Angeles International</div> <div> 6. <span class="Apple-tab-span" style="white-space:pre"> </span>Sydney Kingsford Smith </div> <div> 7. <span class="Apple-tab-span" style="white-space:pre"> </span>Tokyo Narita International </div> <div> 8. <span class="Apple-tab-span" style="white-space:pre"> </span>Boston Logan International </div> <div> 9. <span class="Apple-tab-span" style="white-space:pre"> </span>Frankfurt International </div> <div> 10. <span class="Apple-tab-span" style="white-space:pre"> </span>Chicago O’Hare International</div> <div> <em>(Traveldailynews.com)</em></div>', 'published' => true, 'created' => '2013-09-04', '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' => 'International tourist arrivals increased by five per cent during the first half of 2013, reaching almost 500 million, according the latest data from the UNWTO.', 'sortorder' => '1618', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '1756', 'article_category_id' => '99', 'title' => 'Etihad Airways Expands ‘Businessconnect’ Across The Globe', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> Etihad Airways has extended BusinessConnect, its loyalty program for businesses, to 11 new markets including Bahrain, Belarus, Kuwait, Lebanon, Malaysia, Nepal, the Netherlands, Oman, the Philippines, Qatar and Thailand. The mileage earning program is targeted at the Small to Medium-Sized Enterprise (SME) sector, offering opportunities and benefits for companies who fly with Etihad Airways.</div> <div> </div> <div> As part of the guest loyalty program, registered BusinessConnect customers are able to earn Etihad Guest Miles every time one of their employees takes a flight. Etihad Guest Miles can be earned on all Etihad Airways tickets booked on etihad.com, through Etihad Contact Centres, or by appointed travel agents. There are also no blackout periods when redeeming miles against upgrades, free flights, or the thousands of products from the Etihad Guest Reward Shop. The points can even be converted to cash via PointsPay to spend at thirty million outlets worldwide.</div> <div> </div> <div> Also, Etihad Cargo, part of Etihad Airways, has posted record monthly uplift figures for July of 45,000 tonnes, a 37 per cent increase on the same month in 2012.“Over the past 12 months we’ve strengthened our global cargo business, expanded operations across new and existing trade lanes and seen demand continue to grow,” said Etihad Airways’ Chief Strategy and Planning Officer, Kevin Knight. The figures for July were driven largely by increases in key export markets such as India, Hong Kong and China and demand into the Middle East for foodstuffs ahead of the Holy Month of Ramadan, predominately from The Netherlands, says a press statement from the airways.</div>', 'published' => true, 'created' => '2013-09-04', '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' => 'Etihad Airways has extended BusinessConnect, its loyalty program for businesses, to 11 new markets including Bahrain, Belarus, Kuwait, Lebanon, Malaysia, Nepal, the Netherlands, Oman, the Philippines, Qatar and Thailand.', 'sortorder' => '1617', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '1755', 'article_category_id' => '99', 'title' => 'View Tower Constructed At Pumdi-Bhumdi', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> A three-storied view tower is constructed at Pumdi-Bhumdi VDC neighbouring the tourist city of Pokhara. The VDC is at an altitude of 1500 metres from the sea level. The tower is constructed with an investment of Rs 6.4 million. The tower offers the view of Pokhara city, Phewa Lake, Lekhnath, Sarangkot, Pame, World Peace Stupa and some parts of Syangja, Parbat and Tanahun districts. Similarly, Machhapuchre, Annapurna, and Dhaulagiri mountains can also be viewed from the tower.</div> <div> </div> <div> The tower is constructed with the financial support from District Technical Office, Pokhara and Ministry of Peace and Re-Construction. Pumdi-Bhumdi lately is developing as an attraction for tourists. </div> <div> </div> <div> According to Umanath Baral, vice-president of Pumdikot Viewtower Construction Committee, the tower will be a renowned landmark of Pokhara. Baral also informed that a master plan has been made to develop Pumdi-Bhumdi as a popular tourist destination. The master pan includes the construction of this view tower, trekking trails, conference halls, cottages and roads.</div>', 'published' => true, 'created' => '2013-09-04', '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' => 'A three-storied view tower is constructed at Pumdi-Bhumdi VDC neighbouring the tourist city of Pokhara.', 'sortorder' => '1616', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '1754', 'article_category_id' => '99', 'title' => 'Singapore’s National Day Celebrated', 'sub_title' => '', 'summary' => null, 'content' => '<div> Nepal-Singapore Friendship Society organized Singapore Day on 26 August at Hotel Annapurna to celebrate Singapore’s 48th National Day. The programme was attended by diplomats, former ambassadors and professional from different walks of life. The event also witnessed the felicitation of the Society by Special Olympics Nepal Chapter. Two Special Olympics gold-medalists presented the President and Vice President with tokens of appreciation for the Society’s support to the organization. </div> <div> </div> <div> Nepal and Singapore both have enjoyed cordial relationship since 1969 when diplomatic relations were established, and since then, numerous bilateral co-operations have taken place over the years. Nepal-Singapore Friendship Society was established in 2011, to further strengthen the relation, and to bring together people in areas of education, culture, tourism, commerce and technology transfer. </div>', 'published' => true, 'created' => '2013-09-04', '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' => 'Nepal-Singapore Friendship Society organized Singapore Day on 26 August at Hotel Annapurna to celebrate Singapore’s 48th National Day.', 'sortorder' => '1615', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '1753', 'article_category_id' => '99', 'title' => 'Father’s Day Specials At Annapurna', 'sub_title' => '', 'summary' => null, 'content' => '<div> Hotel Annapurna is offering exclusive varieties of cakes and Indian sweets, including sugar-free ones, from its Cake Shop on September 4 and 5 to celebrate Father’s Day. The Cake Shop is offering a 15 per cent discount on customized photo cakes exclusively for Father’s Day including 10 per cent discount on Indian sweets. In addition, all three of the hotel’s outlets namely the Arniko Room, Ghar-e-Kabab, and the Coffee Shop will offer 15 per cent discount on food and drinks on Father’s Day.</div>', 'published' => true, 'created' => '2013-09-04', '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' => 'Hotel Annapurna is offering exclusive varieties of cakes and Indian sweets, including sugar-free ones, from its Cake Shop on September 4 and 5 to celebrate Father’s Day.', 'sortorder' => '1614', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 7 => array( 'Article' => array( 'id' => '1752', 'article_category_id' => '99', 'title' => 'Qatar’s Agents Award Night 2012-2013 Celebrated', 'sub_title' => '', 'summary' => null, 'content' => '<div> Qatar Airways organized Agents Award Night 2012 – 2013 on 29 August in Kathmandu. Qatar Airways travel trade partners, Civil Aviation Authority of Nepal (CAAN) and Ministry of Tourism and Civil Aviation (MOTCA) members among others were present in the event. A total of three trophies and 18 certificates were awarded in various categories by Chief Guest Sushil Ghimire, Secretary MOTCA and CAAN, Ratish Chandra Lal Suman, CAAN DG and Qatar Embassy Counsellor M Abdul Nasser Abu Alfain. The top 3 trade partners’ award was bagged by Osho World Travel Nepal (Gold Award 2012-2013), Yeti Travels (Silver Award 2012-2013) and Megabyte Travels and Tours (Burgundy Award 2012-2013).</div>', 'published' => true, 'created' => '2013-09-04', '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 organized Agents Award Night 2012 – 2013 on 29 August in Kathmandu.', 'sortorder' => '1613', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 8 => array( 'Article' => array( 'id' => '1751', 'article_category_id' => '110', 'title' => 'Top Ten Losers (26 August - 01 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-09-03', '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' => '', 'sortorder' => '1612', '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' => '1750', 'article_category_id' => '111', 'title' => 'Top Ten Gainers (26 August - 01 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-09-03', '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' => '', 'sortorder' => '1611', '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' => '1749', 'article_category_id' => '113', 'title' => 'US Dollar Exchange Rate At Local Market (26 August - 01 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-09-03', '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' => '', 'sortorder' => '1610', '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' => '1748', 'article_category_id' => '108', 'title' => 'Money Matters News In Brief (2 - 8 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <strong><span style="font-size:14px;">Everest Bank’s ‘Adopt a School’ Campaign</span></strong></div> <div> Everest Bank began its ‘Adopt a School Campaign’ by handing over school materials to the Janakpur-based Jagrup Shah, Rampukar Shah Higher Secondary School.The Bank’s Chief Executive Officer AK Ahluwalia handed over computers and other school materials to the Principal of the school amid a function last Tuesday.The Bank has said it will dedicate itself in improving the living standards of children through educational support. </div> <div> </div> <div> <strong><span style="font-size:14px;">Shangrila Bank Seven-years-old Now</span></strong></div> <div> Shangrila Development Bank Ltd headquartered at Pokhara turned seven on August 25. The bank organised a blood donation programme at its central office in Newroad, Pokhara to mark the seven years of its establishment. Officiating Chief Executive Officer Dinesh Thakali informed that 55 persons donated their blood during the programme held with the technical support of Nepal Red Cross Society, Pokhara. Thakali also said the bank has a deposit amount of Rs 3.12 billion and has extended a total of Rs 2.71 billion as loans until the end of the Fiscal Year 2012-13, earning Rs 133.6 million operating profit in the review period. </div> <div> </div> <div> <strong><span style="font-size:14px;">15 thousand Benefitted from BoK ‘Youth Save’</span></strong></div> <div> 15 thousand youths benefitted from ‘Youth Save’, a financial education programme jointly run by Bank of Kathmandu Ltd and Save The Children. The programme was launched with an aim to provide banking transactions and saving knowledge to youths. </div> <div> </div> <div> <strong><span style="font-size:14px;">Agricultural loan of Siddhartha Development</span></strong></div> <div> Siddhartha Development Bank Ltd started the SDBL agricultural loan last week. The bank has started this loan as it believes that development of agriculture can develop the country. The bank will float loans to farmers in animal farming, fishery, bee keeping, vegetable and fruit farming, agriculture based handicrafts businesses and purchasing of farming equipment, among others. </div> <div> </div> <div> <strong><span style="font-size:14px;">Global IME’s Branchless Banking Service</span></strong></div> <div> Global IME Bank Ltd extended its branchless service to Sukhipur and Kalyanpur VDCs of Siraha district. Deputy CEO Janak Sharma Poudyal inaugurated the service of the bank last Thursday. Certain banking services are provided through the designated agents in the branchless banking service. </div>', 'published' => true, 'created' => '2013-09-03', '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' => 'Everest Bank began its ‘Adopt a School Campaign’ by handing over school materials to the Janakpur-based Jagrup Shah, Rampukar Shah Higher Secondary School.', 'sortorder' => '1609', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '1747', 'article_category_id' => '109', 'title' => 'Sunrise Bank Shifts Dhalko Branch To Jyatha', 'sub_title' => '', 'summary' => null, 'content' => '<div> Sunrise Bank Limited shifted its Dhalko Branch to Jyatha last Friday. The Bank’s CEO Surendra Man Pradhan inaugurated the branch office of Jyatha. The transactions of Dhalko branch will be now performed from the newly launched branch at Jyatha. CEO Pradhan said the newly shifted branch will offer modern banking services. The new branch will provide the locker and ATM services also. CEO Pradhan informed that the bank has the total deposit of Rs 24.18 billion, while it has extended a total of Rs 19.57 billion as loans. The bank is providing its services to 2 hundred 14 thousand customers through 49 branches across the country.</div>', 'published' => true, 'created' => '2013-09-03', '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' => 'Sunrise Bank Limited shifted its Dhalko Branch to Jyatha last Friday.', 'sortorder' => '1608', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 13 => array( 'Article' => array( 'id' => '1746', 'article_category_id' => '109', 'title' => 'Gold Becomes Dearer With All-time-high Price', 'sub_title' => '', 'summary' => null, 'content' => '<div> The price of gold reached a historical high last Wednesday in the domestic market. The yellow metal witnessed a new record of Rs 63,300 per tola. The price was increased by Rs 3,400 in a single day, while the bullion price in the international market increased by $28 per ounce. According to the Nepal Gold and Silver Dealers’ Association (NEGOSIDA), the increased amount in a single day is also the highest record so far.</div> <div> </div> <div> The highest record of the gold prior to this was on December 2 last year when it was traded on Rs 61, 850. The price then went down gradually and reached its lowest in two years on June 24 this year. </div> <div> </div> <div> The price of gold that surged abruptly last Wednesday eventually slumped last Thursday and Friday. Gold was traded at Rs 62,200 and Rs 61,200 on Thursday and Friday, respectively. Experts attribute the devaluation of local currency against the US dollar to the rise of bullion price. Similarly, the possibility of attack on Syria by the America is also to be blamed for the sudden rise of gold prices in the domestic market. Some say the customers are investing in the gold with the belief that the dollar would start depreciating after the continuous rise in the value which has helped to raise its price.</div>', 'published' => true, 'created' => '2013-09-03', '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 price of gold reached a historical high last Wednesday in the domestic market.', 'sortorder' => '1607', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 14 => array( 'Article' => array( 'id' => '1745', 'article_category_id' => '109', 'title' => 'Bangladesh Bank Tops The Share Market', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Sagar Ghimire</strong></div> <div> </div> <div> Nepse index has inclined by 3.33 points during the last week. It had closed 548.11 on Sunday (August 25) and reached 551.44 at the end of trading day on Thursday (August 29). The Nepse point crossed 550 for the first time in the past six months on the second trading day (August 26) last week and reached 552.24. Earlier on February 17, the Nepse index had reached 555.93. Experts say that most companies listed in the share market are likely to distribute the dividend so the expectation of dividends is the key factor behind pushing the Nepse index to 556.</div> <div> </div> <div> Shares of 131 companies were traded during the week through 8234 transactions, which amount to Rs 872.19 million. The market floor opened for four days this week. The transaction amount is 37.44 per cent higher than the previous week. In an earlier week, shares of 127 companies were traded at Nepse in three days. The total numbers of scrips traded during the week was 2,621,917, which is less by 87385 in comparison to the previous week. The transaction amount of A class companies only accounts to 44.99 per cent of total amount, which equals to Rs 392.38 million.</div> <div> </div> <div> The Bangladesh Bank Ltd topped the list of companies in terms of transaction amount and number of scrips traded during the week. The Bank traded 489,899 scrips amount worth Rs 174.04 million. The Bank was also at the top of the list to have a highest number of transactions (1140). Chilime Hydro Power Company remained second in the top list to have the highest transaction during the week with an amount worth 82.32 Million.</div> <div> </div> <div> In sub-index, the Hydropower sector increased heavily by 98.22 points closing at 1303.35, while Insurance decreased the highest by 4.91 points. The Insurance sector opened at 1220.58 points and closed at 1215.676. Similarly, it was the Commercial Banks that observed a decline in the share markets last week. The Commercial Bank sub-index decreased by 1.27 points closing at 534.95. Except Insurance and Commercial Banks, there was increment in all sectors in the sub-index. Share analysts attribute the rise of the share price of Chilime Hydro Power Company Ltd (CHCL) to heavy increment in the Hydropower Sector. The trade price of the CHCL has increased by Rs 87 closing at Rs 1840.</div> <div> </div> <div> <img alt="Sectors" src="/userfiles/images/sectors(3).jpg" style="width: 500px; height: 130px;" /></div> <div> <hr /> <p> <strong><span style="font-size:14px;">Nepse Increases on Sunday</span></strong></p> </div> <div> Nepse index increased by 0.18 points closing at 551.55 on Sunday, September 1. Banking, Development Banks, Manufacturing and Production sectors’ sub-indices decreased, while Hotel, Hydropower, Finance, Insurance and Others sectors saw increment in the share market. The Insurance sector increased the most by 15.84 points. Among the sectors that witnessed decline, it was the Manufacturing and Production sector that dropped the most by 10.38.</div> <div> </div> <div> Shares of 112 companies were traded at Nepse on the day through 2236 transactions, amounting to Rs 276.47 million.</div> <div> </div>', 'published' => true, 'created' => '2013-09-03', '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' => 'Nepse index has inclined by 3.33 points during the last week. 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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '1759', 'article_category_id' => '115', 'title' => 'Tech Briefs (2 - 8 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <strong><span style="font-size:14px;">Now, Send Your Own Spacecraft to Moon for 199 Pounds</span></strong></div> <div> Space enthusiasts now have a unique chance to explore the solar system with their own spacecraft – just for 199 pounds! A British company plans to launch thousands of miniature probes on to the Moon, each of which can be bought for 199 pounds and personalised by the sponsor. The probes, to be launched by Pocket Spacecraft, are the size of a CD and as thin as a piece of paper. They will be released over the Earth in June 2015 and over the Moon in June 2016.Explorers can personalise their own spacecraft by adding a picture and customising the message it transmits using just their web browser. People can watch online as their Pocket Spacecraft is built in the lab and loaded into an Interplanetary CubeSat Mothership.</div> <div> </div> <div> <strong><span style="font-size:14px;">NASA may Send Sail-Powered Zephyr Rover to Venus</span></strong></div> <div> NASA is considering sending a sail-powered robotic rover to Venus that could use the planet’s high wind speeds and hot temperatures for exploration. The wind-sailing rover would not only be able to move around Venus, but would also have electronics inside able to withstand the temperatures of 450 degrees Celsius. The rover, nicknamed Zephyr, would spend most of its time on Venus doing analysis on the ground. However, whenever the science team wants to move some distance, it would deploy a sail that could bring it across the surface. One vision sees it sailing for about 15 minutes a day for about a month, ‘Universe Today’ reported.</div> <div> </div> <div> <strong><span style="font-size:14px;">Nissan to Sell Self-Driving Cars by 2020</span></strong></div> <div> Nissan Motor Co Ltd said it will be ready to bring fully self-driving vehicles to market by 2020. The Japanese automaker said it plans to offer “multiple, commercially viable” vehicles that are capable of autonomous operation without driver input. The self-driving vehicles will be sold “at realistic prices for consumers,” the company said at a media event in Irvine, California. Nissan said its goal is to offer autonomous cars “across the model range within two vehicle generations” - about 10-12 years after the projected 2020 launch. </div> <div> </div> <div> <strong><span style="font-size:14px;">China’s Xiaomi Poaches Top Google Exec</span></strong></div> <div> Chinese Internet and smartphone company Xiaomi has poached Google executive Hugo Barra to help fulfill its ambition to become a global player. Barra, who was vice president of Google Android, announced his departure on his Google Plus account. He will take up his new post in October, Xiaomi CEO Lei Jun wrote in a Weibo post, China’s version of Twitter. Xiaomi, which operates a version of the Android mobile platform, is China’s sixth-biggest smartphone company and is growing rapidly.</div>', 'published' => true, 'created' => '2013-09-04', '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' => 'Space enthusiasts now have a unique chance to explore the solar system with their own spacecraft – just for 199 pounds!', 'sortorder' => '1620', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '1758', 'article_category_id' => '116', 'title' => 'LG Announces G Pad Android Tablet', 'sub_title' => '', 'summary' => null, 'content' => '<div> <img alt="LG G Pad 8.3" src="/userfiles/images/lg(3).jpg" style="float: right; margin: 0px 0px 0px 10px; width: 200px; height: 251px;" />LG has taken the wraps off their brand new Android tablet – the LG G Pad 8.3 Following up on its initial tease from earlier last week. The G Pad 8.3 has a 1920×1200 WUXGA (Widescreen Ultra Extended Graphics Array) display, which LG claim makes it the first 8-inch tablet with a Full HD display. Other features on the G Pad 8.3 include a Snapdragon 600 chipset with a quad-core CPU clocked at 1.7GHz and Adreno 320 GPU, 2GB of LPDDR2 RAM and 16GB internal storage space. On the back is a 5 megapixel camera and on the front is a 1.3 megapixel shooter. The G Pad 8.3 is powered by a 4,600mAh battery but LG hasn’t made any claims regarding the battery life. The G Pad 8.3 runs on Android 4.2.2.</div> <div> </div> <div> The G Pad 8.3 measures at 216.8 x 126.5 x 8.3mm, which is slightly more than the Nexus 7, which measures 200 x 114 x 8.65mm. It also weighs a bit more at 338g, compared to the Nexus 7’s 290g. LG hasn’t specified any network connectivity so it’s likely that the G Pad 8.3 is Wi-Fi only, unlike the Nexus 7 which also supports LTE. The LG G Pad 8.3 will go on sale in North America, Europe and Asia as well as other regions starting in the fourth quarter of 2013. No prices have been mentioned so far and will be revealed at launch.</div>', 'published' => true, 'created' => '2013-09-04', 'modified' => '2013-09-04', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'LG has taken the wraps off their brand new Android tablet – the LG G Pad 8.3 Following up on its initial tease from earlier last week.', 'sortorder' => '1619', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '1757', 'article_category_id' => '100', 'title' => 'Tourism Briefs (2 - 8 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <strong><span style="font-size:14px;">Tourism Growth ‘Exceeds Expectations’-UNWTO</span></strong></div> <div> International tourist arrivals increased by five per cent during the first half of 2013, reaching almost 500 million, according the latest data from the UNWTO. This level of growth exceeded the projection of 3-4 per cent made at the beginning of the year, and is also ahead of the UNWTO long-term’s ‘Tourism Towards 2030’ outlook, which projects annual growth of 3.8 per cent. Destinations around the world welcomed 494 million overnight visitors in the first six months of 2013, according to the UNWTO World Tourism Barometer, which was released to coincide with UNWTO 20th General Assembly. This marks a increase of approximately 25 million visitors compared to the first half of 2012, with demand for travel to emerging destinations increasing at a faster rate (+6 per cent) than in developed countries (+4 per cent). (Traveldailymedia.com)</div> <div> </div> <div> <strong><span style="font-size:14px;">StayWell Opens First Hotel in India</span></strong></div> <div> <img alt="Stay well" src="/userfiles/images/stay.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 150px; height: 118px;" />Australian hotel management company StayWell Hospitality Group has opened its first hotel in India – the Leisure Inn Grand Chanakya Jaipur. Located on the main MI Road in the Rajasthan city, the new property will offer “value for money and personalised services”, according to StayWell. And this launch marks the start of a major expansion for the company in India. It now plans to add six more properties in Gurgaon, Mumbai, Greater Noida, Raipur, Hyderabad and Goa in the next nine months, and aims to have a portfolio 25 properties across the country by 2015. StayWell now has a network of more than 27 properties in Australia, Singapore, Indonesia, the UAE and now India. It plans to expand to 100 hotels within the next three years, including its first properties in China and Europe. (Traveldailymedia.com)</div> <div> </div> <div> <strong><span style="font-size:14px;">Global Corporate Bookings Surge in July </span></strong></div> <div> Global corporate bookings grew +5.5 per cent over 2012’s level in July, according to Pegasus Solutions, the world’s largest processor of electronic hotel transactions. The promising uptick in business travel was accompanied by substantial leisure demand that paled in comparison to strong gains achieved last year. The mid-season growth spurt in business reservations came after the corporate channel leveled out at prior year volumes at the end of the second quarter. Rates paid through the global distribution systems (GDS) also pushed past second quarter levels that had ebbed slightly in June. By month-end, average daily rates (ADR) for corporate bookings surpassed prior year by +0.3 per cent, setting a year-to-date growth pace of +0.7 per cent over 2012. (Traveldailynews.com) </div> <div> </div> <div> <strong><span style="font-size:14px;">The World’s Best and Worst Airports for Connecting On Time </span></strong></div> <div> Which are the best and worst airports for making connecting flights and why? Wayne Chen, president of Mo’Zippity Apps, discovered the answers while creating Connect On Time – the mobile app that provides specific gate-to-gate connect times for many of the world’s top destination airports. The picks are based upon the number of barriers and amount of time needed at each airport to get between its furthest gates once security and passport control lines have been cleared.</div> <div> </div> <div> <strong>10 Best</strong></div> <div> 1. <span class="Apple-tab-span" style="white-space:pre"> </span>Zurich Airport</div> <div> 2. <span class="Apple-tab-span" style="white-space:pre"> </span>Salt Lake City International </div> <div> 3. <span class="Apple-tab-span" style="white-space:pre"> </span>Tampa International </div> <div> 4. <span class="Apple-tab-span" style="white-space:pre"> </span>Orlando International </div> <div> 5. <span class="Apple-tab-span" style="white-space:pre"> </span>Charlotte Douglas International </div> <div> 6. <span class="Apple-tab-span" style="white-space:pre"> </span>Denver International </div> <div> 7. <span class="Apple-tab-span" style="white-space:pre"> </span>London Stansted </div> <div> 8. <span class="Apple-tab-span" style="white-space:pre"> </span>Fort Lauderdale-Hollywood International </div> <div> 9. <span class="Apple-tab-span" style="white-space:pre"> </span>Dubai International </div> <div> 10. <span class="Apple-tab-span" style="white-space:pre"> </span>Hong Kong International</div> <div> </div> <div> <strong>10 Worst</strong></div> <div> 1.<span class="Apple-tab-span" style="white-space:pre"> </span>Beijing Capital International </div> <div> 2. <span class="Apple-tab-span" style="white-space:pre"> </span>London Heathrow </div> <div> 3. <span class="Apple-tab-span" style="white-space:pre"> </span>Paris Charles de Gaulle </div> <div> 4. <span class="Apple-tab-span" style="white-space:pre"> </span>Shanghai Pudong International </div> <div> 5. <span class="Apple-tab-span" style="white-space:pre"> </span>Los Angeles International</div> <div> 6. <span class="Apple-tab-span" style="white-space:pre"> </span>Sydney Kingsford Smith </div> <div> 7. <span class="Apple-tab-span" style="white-space:pre"> </span>Tokyo Narita International </div> <div> 8. <span class="Apple-tab-span" style="white-space:pre"> </span>Boston Logan International </div> <div> 9. <span class="Apple-tab-span" style="white-space:pre"> </span>Frankfurt International </div> <div> 10. <span class="Apple-tab-span" style="white-space:pre"> </span>Chicago O’Hare International</div> <div> <em>(Traveldailynews.com)</em></div>', 'published' => true, 'created' => '2013-09-04', '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' => 'International tourist arrivals increased by five per cent during the first half of 2013, reaching almost 500 million, according the latest data from the UNWTO.', 'sortorder' => '1618', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '1756', 'article_category_id' => '99', 'title' => 'Etihad Airways Expands ‘Businessconnect’ Across The Globe', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> Etihad Airways has extended BusinessConnect, its loyalty program for businesses, to 11 new markets including Bahrain, Belarus, Kuwait, Lebanon, Malaysia, Nepal, the Netherlands, Oman, the Philippines, Qatar and Thailand. The mileage earning program is targeted at the Small to Medium-Sized Enterprise (SME) sector, offering opportunities and benefits for companies who fly with Etihad Airways.</div> <div> </div> <div> As part of the guest loyalty program, registered BusinessConnect customers are able to earn Etihad Guest Miles every time one of their employees takes a flight. Etihad Guest Miles can be earned on all Etihad Airways tickets booked on etihad.com, through Etihad Contact Centres, or by appointed travel agents. There are also no blackout periods when redeeming miles against upgrades, free flights, or the thousands of products from the Etihad Guest Reward Shop. The points can even be converted to cash via PointsPay to spend at thirty million outlets worldwide.</div> <div> </div> <div> Also, Etihad Cargo, part of Etihad Airways, has posted record monthly uplift figures for July of 45,000 tonnes, a 37 per cent increase on the same month in 2012.“Over the past 12 months we’ve strengthened our global cargo business, expanded operations across new and existing trade lanes and seen demand continue to grow,” said Etihad Airways’ Chief Strategy and Planning Officer, Kevin Knight. The figures for July were driven largely by increases in key export markets such as India, Hong Kong and China and demand into the Middle East for foodstuffs ahead of the Holy Month of Ramadan, predominately from The Netherlands, says a press statement from the airways.</div>', 'published' => true, 'created' => '2013-09-04', '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' => 'Etihad Airways has extended BusinessConnect, its loyalty program for businesses, to 11 new markets including Bahrain, Belarus, Kuwait, Lebanon, Malaysia, Nepal, the Netherlands, Oman, the Philippines, Qatar and Thailand.', 'sortorder' => '1617', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 4 => array( 'Article' => array( 'id' => '1755', 'article_category_id' => '99', 'title' => 'View Tower Constructed At Pumdi-Bhumdi', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> A three-storied view tower is constructed at Pumdi-Bhumdi VDC neighbouring the tourist city of Pokhara. The VDC is at an altitude of 1500 metres from the sea level. The tower is constructed with an investment of Rs 6.4 million. The tower offers the view of Pokhara city, Phewa Lake, Lekhnath, Sarangkot, Pame, World Peace Stupa and some parts of Syangja, Parbat and Tanahun districts. Similarly, Machhapuchre, Annapurna, and Dhaulagiri mountains can also be viewed from the tower.</div> <div> </div> <div> The tower is constructed with the financial support from District Technical Office, Pokhara and Ministry of Peace and Re-Construction. Pumdi-Bhumdi lately is developing as an attraction for tourists. </div> <div> </div> <div> According to Umanath Baral, vice-president of Pumdikot Viewtower Construction Committee, the tower will be a renowned landmark of Pokhara. Baral also informed that a master plan has been made to develop Pumdi-Bhumdi as a popular tourist destination. The master pan includes the construction of this view tower, trekking trails, conference halls, cottages and roads.</div>', 'published' => true, 'created' => '2013-09-04', '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' => 'A three-storied view tower is constructed at Pumdi-Bhumdi VDC neighbouring the tourist city of Pokhara.', 'sortorder' => '1616', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 5 => array( 'Article' => array( 'id' => '1754', 'article_category_id' => '99', 'title' => 'Singapore’s National Day Celebrated', 'sub_title' => '', 'summary' => null, 'content' => '<div> Nepal-Singapore Friendship Society organized Singapore Day on 26 August at Hotel Annapurna to celebrate Singapore’s 48th National Day. The programme was attended by diplomats, former ambassadors and professional from different walks of life. The event also witnessed the felicitation of the Society by Special Olympics Nepal Chapter. Two Special Olympics gold-medalists presented the President and Vice President with tokens of appreciation for the Society’s support to the organization. </div> <div> </div> <div> Nepal and Singapore both have enjoyed cordial relationship since 1969 when diplomatic relations were established, and since then, numerous bilateral co-operations have taken place over the years. Nepal-Singapore Friendship Society was established in 2011, to further strengthen the relation, and to bring together people in areas of education, culture, tourism, commerce and technology transfer. </div>', 'published' => true, 'created' => '2013-09-04', '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' => 'Nepal-Singapore Friendship Society organized Singapore Day on 26 August at Hotel Annapurna to celebrate Singapore’s 48th National Day.', 'sortorder' => '1615', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '1753', 'article_category_id' => '99', 'title' => 'Father’s Day Specials At Annapurna', 'sub_title' => '', 'summary' => null, 'content' => '<div> Hotel Annapurna is offering exclusive varieties of cakes and Indian sweets, including sugar-free ones, from its Cake Shop on September 4 and 5 to celebrate Father’s Day. The Cake Shop is offering a 15 per cent discount on customized photo cakes exclusively for Father’s Day including 10 per cent discount on Indian sweets. In addition, all three of the hotel’s outlets namely the Arniko Room, Ghar-e-Kabab, and the Coffee Shop will offer 15 per cent discount on food and drinks on Father’s Day.</div>', 'published' => true, 'created' => '2013-09-04', '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' => 'Hotel Annapurna is offering exclusive varieties of cakes and Indian sweets, including sugar-free ones, from its Cake Shop on September 4 and 5 to celebrate Father’s Day.', 'sortorder' => '1614', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 7 => array( 'Article' => array( 'id' => '1752', 'article_category_id' => '99', 'title' => 'Qatar’s Agents Award Night 2012-2013 Celebrated', 'sub_title' => '', 'summary' => null, 'content' => '<div> Qatar Airways organized Agents Award Night 2012 – 2013 on 29 August in Kathmandu. Qatar Airways travel trade partners, Civil Aviation Authority of Nepal (CAAN) and Ministry of Tourism and Civil Aviation (MOTCA) members among others were present in the event. A total of three trophies and 18 certificates were awarded in various categories by Chief Guest Sushil Ghimire, Secretary MOTCA and CAAN, Ratish Chandra Lal Suman, CAAN DG and Qatar Embassy Counsellor M Abdul Nasser Abu Alfain. The top 3 trade partners’ award was bagged by Osho World Travel Nepal (Gold Award 2012-2013), Yeti Travels (Silver Award 2012-2013) and Megabyte Travels and Tours (Burgundy Award 2012-2013).</div>', 'published' => true, 'created' => '2013-09-04', '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 organized Agents Award Night 2012 – 2013 on 29 August in Kathmandu.', 'sortorder' => '1613', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 8 => array( 'Article' => array( 'id' => '1751', 'article_category_id' => '110', 'title' => 'Top Ten Losers (26 August - 01 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-09-03', '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' => '', 'sortorder' => '1612', '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' => '1750', 'article_category_id' => '111', 'title' => 'Top Ten Gainers (26 August - 01 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-09-03', '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' => '', 'sortorder' => '1611', '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' => '1749', 'article_category_id' => '113', 'title' => 'US Dollar Exchange Rate At Local Market (26 August - 01 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '', 'published' => true, 'created' => '2013-09-03', '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' => '', 'sortorder' => '1610', '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' => '1748', 'article_category_id' => '108', 'title' => 'Money Matters News In Brief (2 - 8 September 2013)', 'sub_title' => '', 'summary' => null, 'content' => '<div> <strong><span style="font-size:14px;">Everest Bank’s ‘Adopt a School’ Campaign</span></strong></div> <div> Everest Bank began its ‘Adopt a School Campaign’ by handing over school materials to the Janakpur-based Jagrup Shah, Rampukar Shah Higher Secondary School.The Bank’s Chief Executive Officer AK Ahluwalia handed over computers and other school materials to the Principal of the school amid a function last Tuesday.The Bank has said it will dedicate itself in improving the living standards of children through educational support. </div> <div> </div> <div> <strong><span style="font-size:14px;">Shangrila Bank Seven-years-old Now</span></strong></div> <div> Shangrila Development Bank Ltd headquartered at Pokhara turned seven on August 25. The bank organised a blood donation programme at its central office in Newroad, Pokhara to mark the seven years of its establishment. Officiating Chief Executive Officer Dinesh Thakali informed that 55 persons donated their blood during the programme held with the technical support of Nepal Red Cross Society, Pokhara. Thakali also said the bank has a deposit amount of Rs 3.12 billion and has extended a total of Rs 2.71 billion as loans until the end of the Fiscal Year 2012-13, earning Rs 133.6 million operating profit in the review period. </div> <div> </div> <div> <strong><span style="font-size:14px;">15 thousand Benefitted from BoK ‘Youth Save’</span></strong></div> <div> 15 thousand youths benefitted from ‘Youth Save’, a financial education programme jointly run by Bank of Kathmandu Ltd and Save The Children. The programme was launched with an aim to provide banking transactions and saving knowledge to youths. </div> <div> </div> <div> <strong><span style="font-size:14px;">Agricultural loan of Siddhartha Development</span></strong></div> <div> Siddhartha Development Bank Ltd started the SDBL agricultural loan last week. The bank has started this loan as it believes that development of agriculture can develop the country. The bank will float loans to farmers in animal farming, fishery, bee keeping, vegetable and fruit farming, agriculture based handicrafts businesses and purchasing of farming equipment, among others. </div> <div> </div> <div> <strong><span style="font-size:14px;">Global IME’s Branchless Banking Service</span></strong></div> <div> Global IME Bank Ltd extended its branchless service to Sukhipur and Kalyanpur VDCs of Siraha district. Deputy CEO Janak Sharma Poudyal inaugurated the service of the bank last Thursday. Certain banking services are provided through the designated agents in the branchless banking service. </div>', 'published' => true, 'created' => '2013-09-03', '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' => 'Everest Bank began its ‘Adopt a School Campaign’ by handing over school materials to the Janakpur-based Jagrup Shah, Rampukar Shah Higher Secondary School.', 'sortorder' => '1609', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '1747', 'article_category_id' => '109', 'title' => 'Sunrise Bank Shifts Dhalko Branch To Jyatha', 'sub_title' => '', 'summary' => null, 'content' => '<div> Sunrise Bank Limited shifted its Dhalko Branch to Jyatha last Friday. The Bank’s CEO Surendra Man Pradhan inaugurated the branch office of Jyatha. The transactions of Dhalko branch will be now performed from the newly launched branch at Jyatha. CEO Pradhan said the newly shifted branch will offer modern banking services. The new branch will provide the locker and ATM services also. CEO Pradhan informed that the bank has the total deposit of Rs 24.18 billion, while it has extended a total of Rs 19.57 billion as loans. The bank is providing its services to 2 hundred 14 thousand customers through 49 branches across the country.</div>', 'published' => true, 'created' => '2013-09-03', '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' => 'Sunrise Bank Limited shifted its Dhalko Branch to Jyatha last Friday.', 'sortorder' => '1608', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 13 => array( 'Article' => array( 'id' => '1746', 'article_category_id' => '109', 'title' => 'Gold Becomes Dearer With All-time-high Price', 'sub_title' => '', 'summary' => null, 'content' => '<div> The price of gold reached a historical high last Wednesday in the domestic market. The yellow metal witnessed a new record of Rs 63,300 per tola. The price was increased by Rs 3,400 in a single day, while the bullion price in the international market increased by $28 per ounce. According to the Nepal Gold and Silver Dealers’ Association (NEGOSIDA), the increased amount in a single day is also the highest record so far.</div> <div> </div> <div> The highest record of the gold prior to this was on December 2 last year when it was traded on Rs 61, 850. The price then went down gradually and reached its lowest in two years on June 24 this year. </div> <div> </div> <div> The price of gold that surged abruptly last Wednesday eventually slumped last Thursday and Friday. Gold was traded at Rs 62,200 and Rs 61,200 on Thursday and Friday, respectively. Experts attribute the devaluation of local currency against the US dollar to the rise of bullion price. Similarly, the possibility of attack on Syria by the America is also to be blamed for the sudden rise of gold prices in the domestic market. Some say the customers are investing in the gold with the belief that the dollar would start depreciating after the continuous rise in the value which has helped to raise its price.</div>', 'published' => true, 'created' => '2013-09-03', '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 price of gold reached a historical high last Wednesday in the domestic market.', 'sortorder' => '1607', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 14 => array( 'Article' => array( 'id' => '1745', 'article_category_id' => '109', 'title' => 'Bangladesh Bank Tops The Share Market', 'sub_title' => '', 'summary' => null, 'content' => '<div> </div> <div> <strong>--By Sagar Ghimire</strong></div> <div> </div> <div> Nepse index has inclined by 3.33 points during the last week. It had closed 548.11 on Sunday (August 25) and reached 551.44 at the end of trading day on Thursday (August 29). The Nepse point crossed 550 for the first time in the past six months on the second trading day (August 26) last week and reached 552.24. Earlier on February 17, the Nepse index had reached 555.93. Experts say that most companies listed in the share market are likely to distribute the dividend so the expectation of dividends is the key factor behind pushing the Nepse index to 556.</div> <div> </div> <div> Shares of 131 companies were traded during the week through 8234 transactions, which amount to Rs 872.19 million. The market floor opened for four days this week. The transaction amount is 37.44 per cent higher than the previous week. In an earlier week, shares of 127 companies were traded at Nepse in three days. The total numbers of scrips traded during the week was 2,621,917, which is less by 87385 in comparison to the previous week. The transaction amount of A class companies only accounts to 44.99 per cent of total amount, which equals to Rs 392.38 million.</div> <div> </div> <div> The Bangladesh Bank Ltd topped the list of companies in terms of transaction amount and number of scrips traded during the week. The Bank traded 489,899 scrips amount worth Rs 174.04 million. The Bank was also at the top of the list to have a highest number of transactions (1140). Chilime Hydro Power Company remained second in the top list to have the highest transaction during the week with an amount worth 82.32 Million.</div> <div> </div> <div> In sub-index, the Hydropower sector increased heavily by 98.22 points closing at 1303.35, while Insurance decreased the highest by 4.91 points. The Insurance sector opened at 1220.58 points and closed at 1215.676. Similarly, it was the Commercial Banks that observed a decline in the share markets last week. The Commercial Bank sub-index decreased by 1.27 points closing at 534.95. Except Insurance and Commercial Banks, there was increment in all sectors in the sub-index. Share analysts attribute the rise of the share price of Chilime Hydro Power Company Ltd (CHCL) to heavy increment in the Hydropower Sector. The trade price of the CHCL has increased by Rs 87 closing at Rs 1840.</div> <div> </div> <div> <img alt="Sectors" src="/userfiles/images/sectors(3).jpg" style="width: 500px; height: 130px;" /></div> <div> <hr /> <p> <strong><span style="font-size:14px;">Nepse Increases on Sunday</span></strong></p> </div> <div> Nepse index increased by 0.18 points closing at 551.55 on Sunday, September 1. Banking, Development Banks, Manufacturing and Production sectors’ sub-indices decreased, while Hotel, Hydropower, Finance, Insurance and Others sectors saw increment in the share market. The Insurance sector increased the most by 15.84 points. Among the sectors that witnessed decline, it was the Manufacturing and Production sector that dropped the most by 10.38.</div> <div> </div> <div> Shares of 112 companies were traded at Nepse on the day through 2236 transactions, amounting to Rs 276.47 million.</div> <div> </div>', 'published' => true, 'created' => '2013-09-03', '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' => 'Nepse index has inclined by 3.33 points during the last week. It had closed 548.11 on Sunday (August 25) and reached 551.44 at the end of trading day on Thursday (August 29).', 'sortorder' => '1606', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Currency | Unit |
Buy | Sell |
U.S. Dollar | 1 | 121.23 | 121.83 |
European Euro | 1 | 131.65 | 132.31 |
UK Pound Sterling | 1 | 142.47 | 143.18 |
Swiss Franc | 1 | 124.29 | 124.90 |
Australian Dollar | 1 | 71.69 | 72.05 |
Canadian Dollar | 1 | 83.90 | 84.32 |
Japanese Yen | 10 | 10.94 | 11.00 |
Chinese Yuan | 1 | 17.17 | 17.26 |
Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
UAE Dirham | 1 | 33.01 | 33.17 |
Malaysian Ringgit | 1 | 27.36 | 27.50 |
South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
Fine Gold | 1 tola | 77000.00 |
Tejabi Gold | 1 tola | 76700.00 |
Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
Petrol | 1 Liter | 106.00 |
Diesel | 1 Liter | 95.00 |
Kerosene | 1 Liter | 95.00 |
LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25