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Code Context
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			'id' => '1579',
			'article_category_id' => '190',
			'title' => 'Samsung Launches GALAXY S4 Mini',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	International Marketing Services Pvt Ltd (IMS), the sole authorized national distributor of Samsung mobile phones in Nepal has launched Samsung Galaxy S4 Mini in Nepali market. S4 Mini is the Miniature version of Samsung&rsquo;s flagship phone S4, which is relatively cheaper, and comes with slightly reduced features.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Samsung Galaxy S4 Mini comes with a 4.3 inch qHD Super AMOLED display, and has a resolution of 540x960 pixels. At 107 gms, S4 Mini is quite light weight phone and it sports a compact design. Its overall dimensions are of 4.91 x 2.41 x 0.35 inches. With the smaller screen size, the phone is easy to carry and operate with one hand.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	S4 Mini is a dual SIM phone powered by a 1.7 GHz dual core Krait processor that allows users to quickly and easily perform data intensive tasks. The phone comes with 1.5 GB of RAM for better performance. S4 Mini runs on Android 4.2.2 Jelly Bean. The phone has an internal storage of 8 GB, and can be expanded up to 64 GB.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The primary camera of S4 Mini is an eight megapixel one with LED flash and autofocus, and has features like face detection, HDR and panorama mode among others. The phone also sports a 1.9 MP secondary camera.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the company, Galaxy S4 Mini supports many intuitive features and services that are provided by Galaxy S4. The phone is available in the market at a price of Rs 51,500.</div>
<div>
	&nbsp;</div>',
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			'description' => 'International Marketing Services Pvt Ltd (IMS), the sole authorized national distributor of Samsung mobile phones in Nepal has launched Samsung Galaxy S4 Mini in Nepali market.',
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			'id' => '1578',
			'article_category_id' => '108',
			'title' => 'Money Matters News In Brief (5-11 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong><img alt="HBL Launches American Express" src="/userfiles/images/hbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 150px; height: 71px;" />HBL Launches American Express Gold Credit Card&nbsp;</strong></div>
<div>
	Himalayan Bank Ltd (HBL) and American Express launched Himalayan Bank American Express Gold Credit Card on August 1. The card will be accepted at more than 900 HBL POS terminals and 76 ATMs within Nepal. The card is of two types namely domestic and international. The domestic card members can get up to 20% saving on dining and up to 15% on shopping and hotels and spa. They can also enjoy privileged access to world-class golf facilities in Nepal and complimentary access to Radisson Lounge at TIA and Altitude Lounge in domestic airports of Delhi and Mumbai. Similarly, international card members can get complimentary membership to the Priority Pass Program that gives access to 600 VIP airport lounges around the world. They will also enjoy great savings and discounts on shopping, dining and travel.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="Everest Bank" src="/userfiles/images/ebl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 150px; height: 38px;" />EBL Profit Up 34.14 Percent&nbsp;</strong></div>
<div>
	The operating profit of the Everest Bank for the financial year ended 15th July, 2013 has increased by 34.14 percent (Rs. 240.17 crores) compared to the previous financial year (Rs.179.04 crores). The figures are based on the Provisional Account as presented by the Management of the Bank to the Board. The Board noted with satisfaction the Bank has now joined the league of the largest banks in the country with total business in excess of Rs. 10,000 Crores. The NPA has come down to 0.62percent from 0.84percent last year.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="Nepal Derivative Exchange Limited" src="/userfiles/images/ndex.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 150px; height: 101px;" />NDEX Signs Agreement with Auction Holdings</strong></div>
<div>
	Managing Director of Nepal Derivative Exchange Limited Bishwojan Thapa Shrestha had left for Malawi, Africa last week on invitation of Auction Holdings Commodity Exchange for its inauguration. Both the Exchanges signed an agreement in the programmme for bilateral co-ordination, welfare and mutual knowledge sharing. Shrestha from Nepal Derivative Exchange Ltd and RD Matwi from Auction Holdings Commodity Exchange signed the agreement. The visit is expected to strengthen the mutual relationship between both the companies in the future.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="Century ATM" src="/userfiles/images/century(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 22px;" />Century ATM at Koteshwor&nbsp;</strong></div>
<div>
	Century Commercial Bank on Wednesday, July 30 installed its 17th ATM terminal at Koteshwor.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="Janta Bank" src="/userfiles/images/janta(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Janta Bank&rsquo;s Three ATMs&nbsp;</strong></div>
<div>
	Janta Bank on Tuesday, July 29 installed three ATM terminals at Suryabinayak of Bhaktapur, Nepalgunj and Inarwa.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="xpressmoney" src="/userfiles/images/express.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 50px;" />Mega and Xpress Money Tie&nbsp;</strong></div>
<div>
	An agreement was signed between Mega Bank Nepal Limited and Xpress Money Service for the remittance business on August 1.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="PrabhuMOney transfer" src="/userfiles/images/prabhu(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 35px;" />Prabhu Money Transfer Partners with Century Bank&nbsp;</strong></div>
<div>
	An agreement was signed between Prabhu Money Transfer and Century Commercial Bank for the remittance business. The remittance agreement was jointly signed by Rameshwor Sapkota, General Manager of Prabhu Money Transfer and Ganesh Kumar Shrestha, CEO of Century Commercial Bank.</div>
<div>
	&nbsp;</div>',
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			'description' => 'Himalayan Bank Ltd (HBL) and American Express launched Himalayan Bank American Express Gold Credit Card on August 1.',
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			'article_category_id' => '109',
			'title' => 'NB Bank Gives IFIC One More Month To Send Money',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size: 12px;"><img alt="NB BANK" src="/userfiles/images/nbbank.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 83px;" />Nepal Bangladesh Bank (NB Bank) has written to Bangladesh-based IFIC Bank asking it to submit the amount it owes to NB Bank on the purchase of promoters shares by August 21st .&nbsp;</span></div>
<div>
	&nbsp;</div>
<div>
	The NB Bank extended the deadline by one month after IFIC sought more time to send the money. Earlier, IFIC had been given three months to submit the money. In order to increase its stake in Nepal Bangladesh Bank to 51 percent from existing 9.18 percent, IFIC had announced to purchase the shares of NB Bank owned by Bank Asia Bangladesh and NB Group and people associated with the group.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Bank Asia Bangladesh has 26,67,500 units of shares (13.77 percent) in NB Bank, whereas NB Group and people associated with the group own 38,03,434 units of shares in the company. IFIC had agreed to pay Rs 220 per share. Bank Asia Bangladesh is set to receive Rs 695,350,000 and NB Group and associated people will get Rs 988,892,000 from the sale of the shares.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	But NB Group promoters stand to gain nothing from the sale. NB Group had pledged the shares of Bangladesh Bank with different banks to take loans. Since the loans taken by NB Group exceed the total price of its shares, NB promoters would not get even a penny from the sale of the shares.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>',
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			'created' => '2013-08-05',
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			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Bangladesh Bank (NB Bank) has written to Bangladesh-based IFIC Bank asking it to submit the amount it owes to NB Bank on the purchase of promoters shares by August 21st .',
			'sortorder' => '1438',
			'image' => null,
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			'id' => '1576',
			'article_category_id' => '109',
			'title' => 'Alliance Insurance Celebrates 18th Anniversary',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Alliance Insurance Company celebrates its 18th anniversary on August 1. On the occasion, Insurance Board Chairman Prof Dr Fatta Bahadur K.C. stated that the company is above an average than other non-life insurance companies in the Nepali market. He also added that the major indicators of the company are much better than the earlier year.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	At the occasion, Chairman of company B.K. Shrestha stated that the directives forwarded by Insurance Board are in the favor of the company and the directives have been fruitful for increasing the company business and profit.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Meanwhile, blood donation progam, clothes distribution to the flood victim and facilitation to the excellent staffs of the company were done at the occasion.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'Alliance Insurance Company celebrates its 18th anniversary on August 1.',
			'sortorder' => '1437',
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			'id' => '1575',
			'article_category_id' => '109',
			'title' => 'World Bank Provides Credit To Nepal',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size: 12px;">The International Development Association (IDA) of the World Bank has agreed to provide Rs. 2.90 billion credit to the Government of Nepal. At a programme organized at the Ministry of Finance on Wednesday, July 31, Secretary at the Finance Ministry, Shanta Raj Subedi and World Bank Country Manager for Nepal, Tahseen Sayed, signed the agreement.&nbsp;</span></div>
<div>
	&nbsp;</div>
<div>
	The main objective of the credit is to provide budgetary support to the Government of Nepal to help it carry out the already initiated reform activities especially in areas of financial sector development. The Government of Nepal has already embarked on the broader reform programme to address financial sector vulnerabilities during the mid 2011. In this course, Nepal Rastra Bank (NRB) has initiated financial inclusion and financial literacy programme in consultation and cooperation with stakeholders. The restructuring task of two major state-controlled banks-Nepal Bank Limited (NBL) and Rastriya Banijya Bank (RBB) has been forwarded.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	On the occasion, Tahseen appraised the initiatives taken by NRB for reform in financial sector and lauded the role played by the Government of Nepal to maintain financial discipline as well as establishment of Department of Money Laundering.</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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 International Development Association (IDA) of the World Bank has agreed to provide Rs. 2.90 billion credit to the Government of Nepal.',
			'sortorder' => '1436',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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		'Article' => array(
			'id' => '1574',
			'article_category_id' => '109',
			'title' => 'Nepse Bullish, Backed By Hydro',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<br />
	<span style="font-size: 12px;"><strong>--By Rashesh Vaidya</strong></span></div>
<div>
	&nbsp;</div>
<div>
	Nepse index saw a bullish trend last week with an increment of 12.59 points. It had closed 534.30 on Sunday, 28thJuly (the first trading day of the week) and reached 546.89 at the close of Thursday, 1st August (the last trading day of the week). The market floor was open for five days.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In the week, the hydro-power companies&rsquo; sub-index increased the highest by 61.79 points closing at 1243.06 points. Whereas, the news of Nepal Doorsanchar Company Limited (NTC) going to declare Rs 48 dividend per share this year also, boosted the scrip by Rs 19 contributing to 19.97 points leap in &lsquo;others&rsquo; sector. There were no changes in manufacturing and processing sub-index and trading sub-index during the week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, there was a bulk trading of 609,080 shares of Himalayan Distillery Ltd at Rs 100.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Only the hotel sub-index saw a decline during the week. It declined by 6.01 points closing at 652.05. Total of 8,280 shares of Oriental Hotel were traded during the week with the price drop by Rs 2 per share closing at Rs 138.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Shares of 121 companies were traded at Nepse during the week through 9,521 transactions amounting to Rs 871,805,000. The transaction amount of the week is 20.30 percent higher than that of earlier week. The total number of scrips traded was 2,981,847 which are higher by 449,898 scrips than that of earlier week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Everest Bank topped the list in terms of transaction amount (Rs 87,498,000). Nabil Balanced Fund topped in number of scrips traded during the week. Altogether 609,080 scrips of the fund were traded during the week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Commerz and Trust Bank Nepal was at the top on the basis of the number of transactions (699).&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, total of 4,664,468 bonus shares of seven companies were listed during the week at Nepse.</div>
<div>
	<img alt="Sectors" src="/userfiles/images/Sectors.jpg" style="width: 550px; height: 151px; margin: 5px;" /></div>
<div>
	<hr />
	<div>
		<strong>Nepse on Sunday</strong></div>
	<div>
		Nepse Index closed at 546.55 points on Sunday (August 4). The index dropped by 0.28 points from the Thursday (August 1) close. Commercial Bank, Development Bank, Hydro-power and Manufacturing &amp; Processing sub-indices increased by 0.38 points, 0.13 points, 5.38 points and 3.62 points closing at 543.22 points, 264.45 points, 1248.44 points and 879.30 points respectively. Insurance sub-index dropped the highest by 14.71 points closing at 1104.35 points during a day. Similarly, Finance Companies sub-index and &lsquo;others&rsquo; sub-index also dropped by 1.54 points and 1.18 points closing at 264.59 points and 654.41 points respectively. Total of 410,317 shares was traded from 1927 transactions during a day.</div>
</div>
<p>
	&nbsp;</p>',
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			'description' => 'Nepse index saw a bullish trend last week with an increment of 12.59 points.',
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			'description' => 'Top Ten Losers',
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			'title' => 'Top Ten Gainers ( 29 July - 4 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-08-05',
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			'description' => 'Top Ten Gainers',
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			'article_category_id' => '113',
			'title' => 'US Dollar Exchange Rte At Local Market (29 July - 4 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-08-05',
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			'description' => 'US Dollar Exchange Rte At Local Market',
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			'article_category_id' => '112',
			'title' => 'Weekly Gold And Silver Price (29 July - 4 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-08-05',
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			'description' => 'Weekly Gold And Silver Price',
			'sortorder' => '1431',
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			'article_category_id' => '99',
			'title' => 'Dragonair’s Offer For Nabil USD Credit Card Holders',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<img alt="dRAGON aIR" src="/userfiles/images/dragon.jpg" style="
float: left; margin: 0px 10px 0px 0px;
width: 150px; height: 35px;" />Dragonair is offering an online fare promotion for Nabil Bank USD credit card holders. This special group of customers can now enjoy attractive online fares to Australia, China, Hong Kong, Korea, New Zealand and USA when they make a booking for one of these destinations at the airline&rsquo;s website www.dragonair.com/np. The online promotion ends on 31 October 2013 and travel must be completed before 30 December 2013. Dragonair currently operates three weekly flights from Kathmandu to Hong Kong and offers connections to more than 170 destinations around the world offered by its sister airline, Cathay Pacific.</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'Dragonair is offering an online fare promotion for Nabil Bank USD credit card holders.',
			'sortorder' => '1430',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	(int) 11 => array(
		'Article' => array(
			'id' => '1568',
			'article_category_id' => '99',
			'title' => 'Tourism Industry To Focus On DRR',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size: 12px;">The government is engaging in the process of making the Nepali tourism industry and the private sector, as a whole, disaster resilient through necessary regulations and instruments. A half-day workshop on &lsquo;Need of Disaster Preparedness in Tourism Industry&rsquo; was organised in the capital for the same. This is the second workshop of its kind where more than 100 participants from tourism industry participated and brainstormed on the theme. Addressing the workshop, US Ambassador to Nepal Peter W Bodde appreciated the effort of the government, and emphasized the significance of &lsquo;Promoting Public Private Partnership for Earthquake Risk Management&rsquo; programme supported by USAID/OFDA.&nbsp;</span></div>
<div>
	&nbsp;</div>
<div>
	Subash Niroula, Acting Chief Executive Officer of Nepal Tourism Board (NTB) mentioned that NTB was happy to be part of this initiation and look forward to working with concerned stakeholders on Tourism sector DRR (Disaster Risk Reduction) activities on partnership approach.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The half-day workshop was jointly organised by Nepal Tourism Board (NTB), Nepal-USA Chamber of Commerce and Industry (NUSACCI), Himalayan Rescue Association (HRA) and National Society for Earthquake Technology-Nepal (NSET) with the support from USAID/OFDA and Tourism Industry Sector related Associations.</div>
<div>
	&nbsp;</div>',
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			'created' => '2013-08-05',
			'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 government is engaging in the process of making the Nepali tourism industry and the private sector, as a whole, disaster resilient through necessary regulations and instruments.',
			'sortorder' => '1429',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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		'Article' => array(
			'id' => '1567',
			'article_category_id' => '99',
			'title' => 'More Visitors In July',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size: 12px;">The month of July has shown a slight increase in the number of visitor arrivals in Nepal. The figures released by Immigration Office, Tribhuvan International Airport (TIA) reveal that visitor arrivals in the month of July 2013, compared to the same month last year, have increased by 0.28 per cent to 38,560.&nbsp;</span></div>
<div>
	&nbsp;</div>
<div>
	The arrivals from South Asian region have shown mixed performance. The arrivals from Bangladesh and Sri Lanka have increased by 32.26 per cent and 61.68 per cent respectively whereas India and Pakistan markets declined by 15.74 per cent and 57.76 per cent respectively.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Visitor arrivals from Asia (other than South Asia region) have recorded positive growth of 14.36 per cent with China (17.91 per cent), and Malaysia (77.10 per cent), South Korea (0.90 per cent) and Thailand (87.21 per cent) showing positive growth.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	From long-haul markets, Europe registered an overall positive growth of 6.59 per cent. Arrivals from Belgium, the UK, Italy, the Netherlands, and Russia have recorded positive growth of 54.35 per cent, 22.32 per cent, 3.45 per cent, 27.32 per cent and 62.62 per cent respectively. Likewise, arrivals from Canada and the United States of America also showed positive growth of 107.10 per cent and 5.10 per cent respectively.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Aggregate visitor arrivals decreased by 3.5 per cent to 320,989 for the period between Jan-July 2013 compared to the same month last year. A total of 43,063 foreign tourists departed from TIA in July 2013.The number of Nepalis arrivals stood at 67,422 while 89,159 Nepalis departed from TIA in July 2013.</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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 month of July has shown a slight increase in the number of visitor arrivals in Nepal.',
			'sortorder' => '1428',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '1566',
			'article_category_id' => '157',
			'title' => 'A Fine Point Of View',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Hotel View Point in Nagarkot, situated at a height of 7200 feets has been offering its warm hospitality to Nepali and international tourists for more than two decades now. The hotel was established in the year 1990 with only 15 rooms. The hotel has seen a lot of changes during its long journey, and today, Hotel View Point is a 2 star hotel with 43 deluxe and super deluxe rooms and a host of amenities.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to Naresh Bhakta Shrestha, owner of the Hotel, most of the customers here are international tourist. &ldquo;We also see domestic tourists, but they make up for only 25 per cent of our total customers,&rdquo; says Shrestha. According to him, Nepali families and businessmen visit the Hotel for holidays and for conducting seminars and conferences.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	One of the best things about the Hotel is its location, and it really lives up to its name. The view from the hotel and the rooms is just amazing, and on a clear day, you can enjoy the unobstructed view of the majestic Himalayas. The Hotel is also perfect for watching sunrises and sunsets, and also offers a good view of Kathmandu Valley. According to Shrestha, the best season to visit here is from August to December.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The restaurant of the Hotel serves Nepali, Indian, Chinese and Continental delicacies and can cater to a hundred diners at once. The price of the rooms range from USD 30 to 65 for foreigners, and there are special packages for Nepalis. The packages range from Rs 1800 to Rs 3500 per person, and include room charge, dinner and breakfast.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The Hotel has its city office at Thamel for booking and other information. Guests can also book their rooms easily through the Hotel&rsquo;s online booking system at its website www.viewpoint-nagarkot.com. Visit once for the Hotel&rsquo;s magnificent views, cosy rooms and a memorable time in Nagarkot.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Hotel View Point nagarkot" src="/userfiles/images/hotel%20view1.jpg" style="width: 200px; height: 156px; margin-left: 10px; margin-right: 10px;" />&nbsp;<img alt="Hotel View Point Nagarkot" src="/userfiles/images/hotelview.jpg" style="width: 200px; height: 156px;" /></div>
<div>
	&nbsp;</div>',
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			'description' => 'Hotel View Point in Nagarkot, situated at a height of 7200 feets has been offering its warm hospitality to Nepali and international tourists for more than two decades now.',
			'sortorder' => '1427',
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	(int) 14 => array(
		'Article' => array(
			'id' => '1565',
			'article_category_id' => '152',
			'title' => 'Focus Briefs (5-11 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>KK Super Mart Nepal&nbsp;</strong></div>
<div>
	KK Super Mart Nepal is a chain of local convenience stores, with technical assistance from KK Super Mart Malaysia. It opened its first store in Boudha in July 2012 and three more outlets in Lagankhel, New Baneshwor and Bhaisepati later. It intends to open 15 stores by 2013. It also targets to open 50 stores throughout the valley within the next three years. KK Super Mart Nepal operates all days of the year with the vision to &ldquo;Serve U with a smile.&rdquo; The super market offers over 3,500 high quality products at the most competitive prices. It offers products ranging from every-day grocery goods to personal care, toiletries, household products, over-the-counter medicines, beverages, liquor, recharge cards, pet food, among others. According to KK Super Mart Malaysia, Nepal has been chosen as the first overseas destination due to the emerging economy in Nepal.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong>CG Mart&nbsp;</strong></div>
<div>
	Established business houses too are diversifying into retail. The Chaudhary Group has entered the retail business by establishing CG Mart. This chain of convenience stores sells daily items needed by consumers. CG Mart started operating convenience stores from its location at Minbhawan, Tripureshwor and Dillibazar. The company is also looking for space in busy hubs like New and Old Baneshwor, Gyaneshwor, Thamel, New Road and Chabahil among others. The stores initiated by CG offer products at affordable prices. The company has also started a supply chain to make sure that they need not rely upon any other agencies for the supply of products. CG believes that it will become successful in attracting customers through value added services. It creates an environment to tempt customers to drop in frequently and ensures that the employees at the store are adequately trained and well informed about the products sold at the CG Mart stores.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong>Big Mart&nbsp;</strong></div>
<div>
	Mega Mart, which started operations in 2009 with a Big Mart store at City Centre, Kamal Pokhari, has grown into one of the strongest retail chains in the country since then. It was the first store in Nepal to provide the value and savings concept to its shoppers. Mega Mart, the operator of Big Mart stores plans to open 11 new stores in 2013. The company is moving as per its plan to reach out to the neighbourhood of its prospective customers. Big Mart stores maintain its focus on food items and groceries. The company is also planning to open stores in the outlying areas of the Kathmandu valley besides expanding outside the valley. The company aims to open stores in Pokhara and Biratnagar soon. Big Mart has already distributed over 50,000 privilege cards to its loyal customers and the number has been growing steadily.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong>Stuti Mero Mart&nbsp;</strong></div>
<div>
	Stuti Mero Mart is a chain of convenience stores promoted by ANS Co. Its main goal is to provide a local market place feel to the shoppers by offering impeccable and unparalleled services. It envisions selling a wide range of items to make shopping experience more enjoyable and convenient at a nominal price. Stuti Mero Mart launched its presence in Kathmandu Valley by opening outlets in Ghattekulo, Katyayani Chowk and Sinamangal in June this year. Stuti Mero Mart outlets boast of a collection of around 7,500 domestic and imported items that range from spices, meat and confectionaries to cosmetic items, toiletries, liquors and kitchen wares. One of the major aims of Stuti Mero Mart is to expand its presence in all 35 wards of Kathmandu Metropolitan City. Once that is achieved, it intends to venture into Lalitpur and Bhaktapur districts before penetrating into the markets located outside Kathmandu Valley. Stuti Mero Mart is also planning to launch an online store soon to enable customers for placing orders from home</div>
<div>
	&nbsp;</div>',
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			'description' => 'KK Super Mart Nepal is a chain of local convenience stores, with technical assistance from KK Super Mart Malaysia.',
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Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Code Context
//    $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';



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		'Article' => array(
			'id' => '1579',
			'article_category_id' => '190',
			'title' => 'Samsung Launches GALAXY S4 Mini',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	International Marketing Services Pvt Ltd (IMS), the sole authorized national distributor of Samsung mobile phones in Nepal has launched Samsung Galaxy S4 Mini in Nepali market. S4 Mini is the Miniature version of Samsung&rsquo;s flagship phone S4, which is relatively cheaper, and comes with slightly reduced features.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Samsung Galaxy S4 Mini comes with a 4.3 inch qHD Super AMOLED display, and has a resolution of 540x960 pixels. At 107 gms, S4 Mini is quite light weight phone and it sports a compact design. Its overall dimensions are of 4.91 x 2.41 x 0.35 inches. With the smaller screen size, the phone is easy to carry and operate with one hand.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	S4 Mini is a dual SIM phone powered by a 1.7 GHz dual core Krait processor that allows users to quickly and easily perform data intensive tasks. The phone comes with 1.5 GB of RAM for better performance. S4 Mini runs on Android 4.2.2 Jelly Bean. The phone has an internal storage of 8 GB, and can be expanded up to 64 GB.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The primary camera of S4 Mini is an eight megapixel one with LED flash and autofocus, and has features like face detection, HDR and panorama mode among others. The phone also sports a 1.9 MP secondary camera.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the company, Galaxy S4 Mini supports many intuitive features and services that are provided by Galaxy S4. The phone is available in the market at a price of Rs 51,500.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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 Marketing Services Pvt Ltd (IMS), the sole authorized national distributor of Samsung mobile phones in Nepal has launched Samsung Galaxy S4 Mini in Nepali market.',
			'sortorder' => '1440',
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			'id' => '1578',
			'article_category_id' => '108',
			'title' => 'Money Matters News In Brief (5-11 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong><img alt="HBL Launches American Express" src="/userfiles/images/hbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 150px; height: 71px;" />HBL Launches American Express Gold Credit Card&nbsp;</strong></div>
<div>
	Himalayan Bank Ltd (HBL) and American Express launched Himalayan Bank American Express Gold Credit Card on August 1. The card will be accepted at more than 900 HBL POS terminals and 76 ATMs within Nepal. The card is of two types namely domestic and international. The domestic card members can get up to 20% saving on dining and up to 15% on shopping and hotels and spa. They can also enjoy privileged access to world-class golf facilities in Nepal and complimentary access to Radisson Lounge at TIA and Altitude Lounge in domestic airports of Delhi and Mumbai. Similarly, international card members can get complimentary membership to the Priority Pass Program that gives access to 600 VIP airport lounges around the world. They will also enjoy great savings and discounts on shopping, dining and travel.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="Everest Bank" src="/userfiles/images/ebl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 150px; height: 38px;" />EBL Profit Up 34.14 Percent&nbsp;</strong></div>
<div>
	The operating profit of the Everest Bank for the financial year ended 15th July, 2013 has increased by 34.14 percent (Rs. 240.17 crores) compared to the previous financial year (Rs.179.04 crores). The figures are based on the Provisional Account as presented by the Management of the Bank to the Board. The Board noted with satisfaction the Bank has now joined the league of the largest banks in the country with total business in excess of Rs. 10,000 Crores. The NPA has come down to 0.62percent from 0.84percent last year.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="Nepal Derivative Exchange Limited" src="/userfiles/images/ndex.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 150px; height: 101px;" />NDEX Signs Agreement with Auction Holdings</strong></div>
<div>
	Managing Director of Nepal Derivative Exchange Limited Bishwojan Thapa Shrestha had left for Malawi, Africa last week on invitation of Auction Holdings Commodity Exchange for its inauguration. Both the Exchanges signed an agreement in the programmme for bilateral co-ordination, welfare and mutual knowledge sharing. Shrestha from Nepal Derivative Exchange Ltd and RD Matwi from Auction Holdings Commodity Exchange signed the agreement. The visit is expected to strengthen the mutual relationship between both the companies in the future.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="Century ATM" src="/userfiles/images/century(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 22px;" />Century ATM at Koteshwor&nbsp;</strong></div>
<div>
	Century Commercial Bank on Wednesday, July 30 installed its 17th ATM terminal at Koteshwor.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="Janta Bank" src="/userfiles/images/janta(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Janta Bank&rsquo;s Three ATMs&nbsp;</strong></div>
<div>
	Janta Bank on Tuesday, July 29 installed three ATM terminals at Suryabinayak of Bhaktapur, Nepalgunj and Inarwa.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="xpressmoney" src="/userfiles/images/express.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 50px;" />Mega and Xpress Money Tie&nbsp;</strong></div>
<div>
	An agreement was signed between Mega Bank Nepal Limited and Xpress Money Service for the remittance business on August 1.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="PrabhuMOney transfer" src="/userfiles/images/prabhu(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 35px;" />Prabhu Money Transfer Partners with Century Bank&nbsp;</strong></div>
<div>
	An agreement was signed between Prabhu Money Transfer and Century Commercial Bank for the remittance business. The remittance agreement was jointly signed by Rameshwor Sapkota, General Manager of Prabhu Money Transfer and Ganesh Kumar Shrestha, CEO of Century Commercial Bank.</div>
<div>
	&nbsp;</div>',
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			'created' => '2013-08-05',
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			'description' => 'Himalayan Bank Ltd (HBL) and American Express launched Himalayan Bank American Express Gold Credit Card on August 1.',
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			'id' => '1577',
			'article_category_id' => '109',
			'title' => 'NB Bank Gives IFIC One More Month To Send Money',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size: 12px;"><img alt="NB BANK" src="/userfiles/images/nbbank.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 83px;" />Nepal Bangladesh Bank (NB Bank) has written to Bangladesh-based IFIC Bank asking it to submit the amount it owes to NB Bank on the purchase of promoters shares by August 21st .&nbsp;</span></div>
<div>
	&nbsp;</div>
<div>
	The NB Bank extended the deadline by one month after IFIC sought more time to send the money. Earlier, IFIC had been given three months to submit the money. In order to increase its stake in Nepal Bangladesh Bank to 51 percent from existing 9.18 percent, IFIC had announced to purchase the shares of NB Bank owned by Bank Asia Bangladesh and NB Group and people associated with the group.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Bank Asia Bangladesh has 26,67,500 units of shares (13.77 percent) in NB Bank, whereas NB Group and people associated with the group own 38,03,434 units of shares in the company. IFIC had agreed to pay Rs 220 per share. Bank Asia Bangladesh is set to receive Rs 695,350,000 and NB Group and associated people will get Rs 988,892,000 from the sale of the shares.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	But NB Group promoters stand to gain nothing from the sale. NB Group had pledged the shares of Bangladesh Bank with different banks to take loans. Since the loans taken by NB Group exceed the total price of its shares, NB promoters would not get even a penny from the sale of the shares.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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 Bangladesh Bank (NB Bank) has written to Bangladesh-based IFIC Bank asking it to submit the amount it owes to NB Bank on the purchase of promoters shares by August 21st .',
			'sortorder' => '1438',
			'image' => null,
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		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '1576',
			'article_category_id' => '109',
			'title' => 'Alliance Insurance Celebrates 18th Anniversary',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Alliance Insurance Company celebrates its 18th anniversary on August 1. On the occasion, Insurance Board Chairman Prof Dr Fatta Bahadur K.C. stated that the company is above an average than other non-life insurance companies in the Nepali market. He also added that the major indicators of the company are much better than the earlier year.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	At the occasion, Chairman of company B.K. Shrestha stated that the directives forwarded by Insurance Board are in the favor of the company and the directives have been fruitful for increasing the company business and profit.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Meanwhile, blood donation progam, clothes distribution to the flood victim and facilitation to the excellent staffs of the company were done at the occasion.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'Alliance Insurance Company celebrates its 18th anniversary on August 1.',
			'sortorder' => '1437',
			'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' => '1575',
			'article_category_id' => '109',
			'title' => 'World Bank Provides Credit To Nepal',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size: 12px;">The International Development Association (IDA) of the World Bank has agreed to provide Rs. 2.90 billion credit to the Government of Nepal. At a programme organized at the Ministry of Finance on Wednesday, July 31, Secretary at the Finance Ministry, Shanta Raj Subedi and World Bank Country Manager for Nepal, Tahseen Sayed, signed the agreement.&nbsp;</span></div>
<div>
	&nbsp;</div>
<div>
	The main objective of the credit is to provide budgetary support to the Government of Nepal to help it carry out the already initiated reform activities especially in areas of financial sector development. The Government of Nepal has already embarked on the broader reform programme to address financial sector vulnerabilities during the mid 2011. In this course, Nepal Rastra Bank (NRB) has initiated financial inclusion and financial literacy programme in consultation and cooperation with stakeholders. The restructuring task of two major state-controlled banks-Nepal Bank Limited (NBL) and Rastriya Banijya Bank (RBB) has been forwarded.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	On the occasion, Tahseen appraised the initiatives taken by NRB for reform in financial sector and lauded the role played by the Government of Nepal to maintain financial discipline as well as establishment of Department of Money Laundering.</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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 International Development Association (IDA) of the World Bank has agreed to provide Rs. 2.90 billion credit to the Government of Nepal.',
			'sortorder' => '1436',
			'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' => '1574',
			'article_category_id' => '109',
			'title' => 'Nepse Bullish, Backed By Hydro',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<br />
	<span style="font-size: 12px;"><strong>--By Rashesh Vaidya</strong></span></div>
<div>
	&nbsp;</div>
<div>
	Nepse index saw a bullish trend last week with an increment of 12.59 points. It had closed 534.30 on Sunday, 28thJuly (the first trading day of the week) and reached 546.89 at the close of Thursday, 1st August (the last trading day of the week). The market floor was open for five days.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In the week, the hydro-power companies&rsquo; sub-index increased the highest by 61.79 points closing at 1243.06 points. Whereas, the news of Nepal Doorsanchar Company Limited (NTC) going to declare Rs 48 dividend per share this year also, boosted the scrip by Rs 19 contributing to 19.97 points leap in &lsquo;others&rsquo; sector. There were no changes in manufacturing and processing sub-index and trading sub-index during the week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, there was a bulk trading of 609,080 shares of Himalayan Distillery Ltd at Rs 100.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Only the hotel sub-index saw a decline during the week. It declined by 6.01 points closing at 652.05. Total of 8,280 shares of Oriental Hotel were traded during the week with the price drop by Rs 2 per share closing at Rs 138.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Shares of 121 companies were traded at Nepse during the week through 9,521 transactions amounting to Rs 871,805,000. The transaction amount of the week is 20.30 percent higher than that of earlier week. The total number of scrips traded was 2,981,847 which are higher by 449,898 scrips than that of earlier week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Everest Bank topped the list in terms of transaction amount (Rs 87,498,000). Nabil Balanced Fund topped in number of scrips traded during the week. Altogether 609,080 scrips of the fund were traded during the week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Commerz and Trust Bank Nepal was at the top on the basis of the number of transactions (699).&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, total of 4,664,468 bonus shares of seven companies were listed during the week at Nepse.</div>
<div>
	<img alt="Sectors" src="/userfiles/images/Sectors.jpg" style="width: 550px; height: 151px; margin: 5px;" /></div>
<div>
	<hr />
	<div>
		<strong>Nepse on Sunday</strong></div>
	<div>
		Nepse Index closed at 546.55 points on Sunday (August 4). The index dropped by 0.28 points from the Thursday (August 1) close. Commercial Bank, Development Bank, Hydro-power and Manufacturing &amp; Processing sub-indices increased by 0.38 points, 0.13 points, 5.38 points and 3.62 points closing at 543.22 points, 264.45 points, 1248.44 points and 879.30 points respectively. Insurance sub-index dropped the highest by 14.71 points closing at 1104.35 points during a day. Similarly, Finance Companies sub-index and &lsquo;others&rsquo; sub-index also dropped by 1.54 points and 1.18 points closing at 264.59 points and 654.41 points respectively. Total of 410,317 shares was traded from 1927 transactions during a day.</div>
</div>
<p>
	&nbsp;</p>',
			'published' => true,
			'created' => '2013-08-05',
			'modified' => '2013-08-05',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate 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 saw a bullish trend last week with an increment of 12.59 points.',
			'sortorder' => '1435',
			'image' => null,
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	(int) 6 => array(
		'Article' => array(
			'id' => '1573',
			'article_category_id' => '110',
			'title' => 'Top Ten Losers ( 29 July - 4 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'Top Ten Losers',
			'sortorder' => '1434',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'user_id' => '0'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '1572',
			'article_category_id' => '111',
			'title' => 'Top Ten Gainers ( 29 July - 4 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'Top Ten Gainers',
			'sortorder' => '1433',
			'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' => '1571',
			'article_category_id' => '113',
			'title' => 'US Dollar Exchange Rte At Local Market (29 July - 4 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'US Dollar Exchange Rte At Local Market',
			'sortorder' => '1432',
			'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' => '1570',
			'article_category_id' => '112',
			'title' => 'Weekly Gold And Silver Price (29 July - 4 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'Weekly Gold And Silver Price',
			'sortorder' => '1431',
			'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' => '1569',
			'article_category_id' => '99',
			'title' => 'Dragonair’s Offer For Nabil USD Credit Card Holders',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<img alt="dRAGON aIR" src="/userfiles/images/dragon.jpg" style="
float: left; margin: 0px 10px 0px 0px;
width: 150px; height: 35px;" />Dragonair is offering an online fare promotion for Nabil Bank USD credit card holders. This special group of customers can now enjoy attractive online fares to Australia, China, Hong Kong, Korea, New Zealand and USA when they make a booking for one of these destinations at the airline&rsquo;s website www.dragonair.com/np. The online promotion ends on 31 October 2013 and travel must be completed before 30 December 2013. Dragonair currently operates three weekly flights from Kathmandu to Hong Kong and offers connections to more than 170 destinations around the world offered by its sister airline, Cathay Pacific.</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'Dragonair is offering an online fare promotion for Nabil Bank USD credit card holders.',
			'sortorder' => '1430',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
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	),
	(int) 11 => array(
		'Article' => array(
			'id' => '1568',
			'article_category_id' => '99',
			'title' => 'Tourism Industry To Focus On DRR',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size: 12px;">The government is engaging in the process of making the Nepali tourism industry and the private sector, as a whole, disaster resilient through necessary regulations and instruments. A half-day workshop on &lsquo;Need of Disaster Preparedness in Tourism Industry&rsquo; was organised in the capital for the same. This is the second workshop of its kind where more than 100 participants from tourism industry participated and brainstormed on the theme. Addressing the workshop, US Ambassador to Nepal Peter W Bodde appreciated the effort of the government, and emphasized the significance of &lsquo;Promoting Public Private Partnership for Earthquake Risk Management&rsquo; programme supported by USAID/OFDA.&nbsp;</span></div>
<div>
	&nbsp;</div>
<div>
	Subash Niroula, Acting Chief Executive Officer of Nepal Tourism Board (NTB) mentioned that NTB was happy to be part of this initiation and look forward to working with concerned stakeholders on Tourism sector DRR (Disaster Risk Reduction) activities on partnership approach.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The half-day workshop was jointly organised by Nepal Tourism Board (NTB), Nepal-USA Chamber of Commerce and Industry (NUSACCI), Himalayan Rescue Association (HRA) and National Society for Earthquake Technology-Nepal (NSET) with the support from USAID/OFDA and Tourism Industry Sector related Associations.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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 government is engaging in the process of making the Nepali tourism industry and the private sector, as a whole, disaster resilient through necessary regulations and instruments.',
			'sortorder' => '1429',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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			'in_scroller' => false,
			'user_id' => '0'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '1567',
			'article_category_id' => '99',
			'title' => 'More Visitors In July',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size: 12px;">The month of July has shown a slight increase in the number of visitor arrivals in Nepal. The figures released by Immigration Office, Tribhuvan International Airport (TIA) reveal that visitor arrivals in the month of July 2013, compared to the same month last year, have increased by 0.28 per cent to 38,560.&nbsp;</span></div>
<div>
	&nbsp;</div>
<div>
	The arrivals from South Asian region have shown mixed performance. The arrivals from Bangladesh and Sri Lanka have increased by 32.26 per cent and 61.68 per cent respectively whereas India and Pakistan markets declined by 15.74 per cent and 57.76 per cent respectively.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Visitor arrivals from Asia (other than South Asia region) have recorded positive growth of 14.36 per cent with China (17.91 per cent), and Malaysia (77.10 per cent), South Korea (0.90 per cent) and Thailand (87.21 per cent) showing positive growth.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	From long-haul markets, Europe registered an overall positive growth of 6.59 per cent. Arrivals from Belgium, the UK, Italy, the Netherlands, and Russia have recorded positive growth of 54.35 per cent, 22.32 per cent, 3.45 per cent, 27.32 per cent and 62.62 per cent respectively. Likewise, arrivals from Canada and the United States of America also showed positive growth of 107.10 per cent and 5.10 per cent respectively.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Aggregate visitor arrivals decreased by 3.5 per cent to 320,989 for the period between Jan-July 2013 compared to the same month last year. A total of 43,063 foreign tourists departed from TIA in July 2013.The number of Nepalis arrivals stood at 67,422 while 89,159 Nepalis departed from TIA in July 2013.</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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 month of July has shown a slight increase in the number of visitor arrivals in Nepal.',
			'sortorder' => '1428',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	),
	(int) 13 => array(
		'Article' => array(
			'id' => '1566',
			'article_category_id' => '157',
			'title' => 'A Fine Point Of View',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Hotel View Point in Nagarkot, situated at a height of 7200 feets has been offering its warm hospitality to Nepali and international tourists for more than two decades now. The hotel was established in the year 1990 with only 15 rooms. The hotel has seen a lot of changes during its long journey, and today, Hotel View Point is a 2 star hotel with 43 deluxe and super deluxe rooms and a host of amenities.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to Naresh Bhakta Shrestha, owner of the Hotel, most of the customers here are international tourist. &ldquo;We also see domestic tourists, but they make up for only 25 per cent of our total customers,&rdquo; says Shrestha. According to him, Nepali families and businessmen visit the Hotel for holidays and for conducting seminars and conferences.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	One of the best things about the Hotel is its location, and it really lives up to its name. The view from the hotel and the rooms is just amazing, and on a clear day, you can enjoy the unobstructed view of the majestic Himalayas. The Hotel is also perfect for watching sunrises and sunsets, and also offers a good view of Kathmandu Valley. According to Shrestha, the best season to visit here is from August to December.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The restaurant of the Hotel serves Nepali, Indian, Chinese and Continental delicacies and can cater to a hundred diners at once. The price of the rooms range from USD 30 to 65 for foreigners, and there are special packages for Nepalis. The packages range from Rs 1800 to Rs 3500 per person, and include room charge, dinner and breakfast.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The Hotel has its city office at Thamel for booking and other information. Guests can also book their rooms easily through the Hotel&rsquo;s online booking system at its website www.viewpoint-nagarkot.com. Visit once for the Hotel&rsquo;s magnificent views, cosy rooms and a memorable time in Nagarkot.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Hotel View Point nagarkot" src="/userfiles/images/hotel%20view1.jpg" style="width: 200px; height: 156px; margin-left: 10px; margin-right: 10px;" />&nbsp;<img alt="Hotel View Point Nagarkot" src="/userfiles/images/hotelview.jpg" style="width: 200px; height: 156px;" /></div>
<div>
	&nbsp;</div>',
			'published' => true,
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			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Hotel View Point in Nagarkot, situated at a height of 7200 feets has been offering its warm hospitality to Nepali and international tourists for more than two decades now.',
			'sortorder' => '1427',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	(int) 14 => array(
		'Article' => array(
			'id' => '1565',
			'article_category_id' => '152',
			'title' => 'Focus Briefs (5-11 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>KK Super Mart Nepal&nbsp;</strong></div>
<div>
	KK Super Mart Nepal is a chain of local convenience stores, with technical assistance from KK Super Mart Malaysia. It opened its first store in Boudha in July 2012 and three more outlets in Lagankhel, New Baneshwor and Bhaisepati later. It intends to open 15 stores by 2013. It also targets to open 50 stores throughout the valley within the next three years. KK Super Mart Nepal operates all days of the year with the vision to &ldquo;Serve U with a smile.&rdquo; The super market offers over 3,500 high quality products at the most competitive prices. It offers products ranging from every-day grocery goods to personal care, toiletries, household products, over-the-counter medicines, beverages, liquor, recharge cards, pet food, among others. According to KK Super Mart Malaysia, Nepal has been chosen as the first overseas destination due to the emerging economy in Nepal.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong>CG Mart&nbsp;</strong></div>
<div>
	Established business houses too are diversifying into retail. The Chaudhary Group has entered the retail business by establishing CG Mart. This chain of convenience stores sells daily items needed by consumers. CG Mart started operating convenience stores from its location at Minbhawan, Tripureshwor and Dillibazar. The company is also looking for space in busy hubs like New and Old Baneshwor, Gyaneshwor, Thamel, New Road and Chabahil among others. The stores initiated by CG offer products at affordable prices. The company has also started a supply chain to make sure that they need not rely upon any other agencies for the supply of products. CG believes that it will become successful in attracting customers through value added services. It creates an environment to tempt customers to drop in frequently and ensures that the employees at the store are adequately trained and well informed about the products sold at the CG Mart stores.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong>Big Mart&nbsp;</strong></div>
<div>
	Mega Mart, which started operations in 2009 with a Big Mart store at City Centre, Kamal Pokhari, has grown into one of the strongest retail chains in the country since then. It was the first store in Nepal to provide the value and savings concept to its shoppers. Mega Mart, the operator of Big Mart stores plans to open 11 new stores in 2013. The company is moving as per its plan to reach out to the neighbourhood of its prospective customers. Big Mart stores maintain its focus on food items and groceries. The company is also planning to open stores in the outlying areas of the Kathmandu valley besides expanding outside the valley. The company aims to open stores in Pokhara and Biratnagar soon. Big Mart has already distributed over 50,000 privilege cards to its loyal customers and the number has been growing steadily.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong>Stuti Mero Mart&nbsp;</strong></div>
<div>
	Stuti Mero Mart is a chain of convenience stores promoted by ANS Co. Its main goal is to provide a local market place feel to the shoppers by offering impeccable and unparalleled services. It envisions selling a wide range of items to make shopping experience more enjoyable and convenient at a nominal price. Stuti Mero Mart launched its presence in Kathmandu Valley by opening outlets in Ghattekulo, Katyayani Chowk and Sinamangal in June this year. Stuti Mero Mart outlets boast of a collection of around 7,500 domestic and imported items that range from spices, meat and confectionaries to cosmetic items, toiletries, liquors and kitchen wares. One of the major aims of Stuti Mero Mart is to expand its presence in all 35 wards of Kathmandu Metropolitan City. Once that is achieved, it intends to venture into Lalitpur and Bhaktapur districts before penetrating into the markets located outside Kathmandu Valley. Stuti Mero Mart is also planning to launch an online store soon to enable customers for placing orders from home</div>
<div>
	&nbsp;</div>',
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			'description' => 'KK Super Mart Nepal is a chain of local convenience stores, with technical assistance from KK Super Mart Malaysia.',
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		'Article' => array(
			'id' => '1579',
			'article_category_id' => '190',
			'title' => 'Samsung Launches GALAXY S4 Mini',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	International Marketing Services Pvt Ltd (IMS), the sole authorized national distributor of Samsung mobile phones in Nepal has launched Samsung Galaxy S4 Mini in Nepali market. S4 Mini is the Miniature version of Samsung&rsquo;s flagship phone S4, which is relatively cheaper, and comes with slightly reduced features.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Samsung Galaxy S4 Mini comes with a 4.3 inch qHD Super AMOLED display, and has a resolution of 540x960 pixels. At 107 gms, S4 Mini is quite light weight phone and it sports a compact design. Its overall dimensions are of 4.91 x 2.41 x 0.35 inches. With the smaller screen size, the phone is easy to carry and operate with one hand.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	S4 Mini is a dual SIM phone powered by a 1.7 GHz dual core Krait processor that allows users to quickly and easily perform data intensive tasks. The phone comes with 1.5 GB of RAM for better performance. S4 Mini runs on Android 4.2.2 Jelly Bean. The phone has an internal storage of 8 GB, and can be expanded up to 64 GB.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The primary camera of S4 Mini is an eight megapixel one with LED flash and autofocus, and has features like face detection, HDR and panorama mode among others. The phone also sports a 1.9 MP secondary camera.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the company, Galaxy S4 Mini supports many intuitive features and services that are provided by Galaxy S4. The phone is available in the market at a price of Rs 51,500.</div>
<div>
	&nbsp;</div>',
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			'description' => 'International Marketing Services Pvt Ltd (IMS), the sole authorized national distributor of Samsung mobile phones in Nepal has launched Samsung Galaxy S4 Mini in Nepali market.',
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			'article_category_id' => '108',
			'title' => 'Money Matters News In Brief (5-11 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong><img alt="HBL Launches American Express" src="/userfiles/images/hbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 150px; height: 71px;" />HBL Launches American Express Gold Credit Card&nbsp;</strong></div>
<div>
	Himalayan Bank Ltd (HBL) and American Express launched Himalayan Bank American Express Gold Credit Card on August 1. The card will be accepted at more than 900 HBL POS terminals and 76 ATMs within Nepal. The card is of two types namely domestic and international. The domestic card members can get up to 20% saving on dining and up to 15% on shopping and hotels and spa. They can also enjoy privileged access to world-class golf facilities in Nepal and complimentary access to Radisson Lounge at TIA and Altitude Lounge in domestic airports of Delhi and Mumbai. Similarly, international card members can get complimentary membership to the Priority Pass Program that gives access to 600 VIP airport lounges around the world. They will also enjoy great savings and discounts on shopping, dining and travel.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="Everest Bank" src="/userfiles/images/ebl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 150px; height: 38px;" />EBL Profit Up 34.14 Percent&nbsp;</strong></div>
<div>
	The operating profit of the Everest Bank for the financial year ended 15th July, 2013 has increased by 34.14 percent (Rs. 240.17 crores) compared to the previous financial year (Rs.179.04 crores). The figures are based on the Provisional Account as presented by the Management of the Bank to the Board. The Board noted with satisfaction the Bank has now joined the league of the largest banks in the country with total business in excess of Rs. 10,000 Crores. The NPA has come down to 0.62percent from 0.84percent last year.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="Nepal Derivative Exchange Limited" src="/userfiles/images/ndex.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 150px; height: 101px;" />NDEX Signs Agreement with Auction Holdings</strong></div>
<div>
	Managing Director of Nepal Derivative Exchange Limited Bishwojan Thapa Shrestha had left for Malawi, Africa last week on invitation of Auction Holdings Commodity Exchange for its inauguration. Both the Exchanges signed an agreement in the programmme for bilateral co-ordination, welfare and mutual knowledge sharing. Shrestha from Nepal Derivative Exchange Ltd and RD Matwi from Auction Holdings Commodity Exchange signed the agreement. The visit is expected to strengthen the mutual relationship between both the companies in the future.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="Century ATM" src="/userfiles/images/century(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 22px;" />Century ATM at Koteshwor&nbsp;</strong></div>
<div>
	Century Commercial Bank on Wednesday, July 30 installed its 17th ATM terminal at Koteshwor.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="Janta Bank" src="/userfiles/images/janta(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Janta Bank&rsquo;s Three ATMs&nbsp;</strong></div>
<div>
	Janta Bank on Tuesday, July 29 installed three ATM terminals at Suryabinayak of Bhaktapur, Nepalgunj and Inarwa.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="xpressmoney" src="/userfiles/images/express.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 50px;" />Mega and Xpress Money Tie&nbsp;</strong></div>
<div>
	An agreement was signed between Mega Bank Nepal Limited and Xpress Money Service for the remittance business on August 1.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="PrabhuMOney transfer" src="/userfiles/images/prabhu(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 35px;" />Prabhu Money Transfer Partners with Century Bank&nbsp;</strong></div>
<div>
	An agreement was signed between Prabhu Money Transfer and Century Commercial Bank for the remittance business. The remittance agreement was jointly signed by Rameshwor Sapkota, General Manager of Prabhu Money Transfer and Ganesh Kumar Shrestha, CEO of Century Commercial Bank.</div>
<div>
	&nbsp;</div>',
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			'description' => 'Himalayan Bank Ltd (HBL) and American Express launched Himalayan Bank American Express Gold Credit Card on August 1.',
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			'article_category_id' => '109',
			'title' => 'NB Bank Gives IFIC One More Month To Send Money',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size: 12px;"><img alt="NB BANK" src="/userfiles/images/nbbank.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 83px;" />Nepal Bangladesh Bank (NB Bank) has written to Bangladesh-based IFIC Bank asking it to submit the amount it owes to NB Bank on the purchase of promoters shares by August 21st .&nbsp;</span></div>
<div>
	&nbsp;</div>
<div>
	The NB Bank extended the deadline by one month after IFIC sought more time to send the money. Earlier, IFIC had been given three months to submit the money. In order to increase its stake in Nepal Bangladesh Bank to 51 percent from existing 9.18 percent, IFIC had announced to purchase the shares of NB Bank owned by Bank Asia Bangladesh and NB Group and people associated with the group.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Bank Asia Bangladesh has 26,67,500 units of shares (13.77 percent) in NB Bank, whereas NB Group and people associated with the group own 38,03,434 units of shares in the company. IFIC had agreed to pay Rs 220 per share. Bank Asia Bangladesh is set to receive Rs 695,350,000 and NB Group and associated people will get Rs 988,892,000 from the sale of the shares.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	But NB Group promoters stand to gain nothing from the sale. NB Group had pledged the shares of Bangladesh Bank with different banks to take loans. Since the loans taken by NB Group exceed the total price of its shares, NB promoters would not get even a penny from the sale of the shares.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>',
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			'description' => 'Nepal Bangladesh Bank (NB Bank) has written to Bangladesh-based IFIC Bank asking it to submit the amount it owes to NB Bank on the purchase of promoters shares by August 21st .',
			'sortorder' => '1438',
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			'article_category_id' => '109',
			'title' => 'Alliance Insurance Celebrates 18th Anniversary',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Alliance Insurance Company celebrates its 18th anniversary on August 1. On the occasion, Insurance Board Chairman Prof Dr Fatta Bahadur K.C. stated that the company is above an average than other non-life insurance companies in the Nepali market. He also added that the major indicators of the company are much better than the earlier year.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	At the occasion, Chairman of company B.K. Shrestha stated that the directives forwarded by Insurance Board are in the favor of the company and the directives have been fruitful for increasing the company business and profit.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Meanwhile, blood donation progam, clothes distribution to the flood victim and facilitation to the excellent staffs of the company were done at the occasion.</div>
<div>
	&nbsp;</div>',
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			'created' => '2013-08-05',
			'modified' => '0000-00-00',
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			'description' => 'Alliance Insurance Company celebrates its 18th anniversary on August 1.',
			'sortorder' => '1437',
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			'id' => '1575',
			'article_category_id' => '109',
			'title' => 'World Bank Provides Credit To Nepal',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size: 12px;">The International Development Association (IDA) of the World Bank has agreed to provide Rs. 2.90 billion credit to the Government of Nepal. At a programme organized at the Ministry of Finance on Wednesday, July 31, Secretary at the Finance Ministry, Shanta Raj Subedi and World Bank Country Manager for Nepal, Tahseen Sayed, signed the agreement.&nbsp;</span></div>
<div>
	&nbsp;</div>
<div>
	The main objective of the credit is to provide budgetary support to the Government of Nepal to help it carry out the already initiated reform activities especially in areas of financial sector development. The Government of Nepal has already embarked on the broader reform programme to address financial sector vulnerabilities during the mid 2011. In this course, Nepal Rastra Bank (NRB) has initiated financial inclusion and financial literacy programme in consultation and cooperation with stakeholders. The restructuring task of two major state-controlled banks-Nepal Bank Limited (NBL) and Rastriya Banijya Bank (RBB) has been forwarded.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	On the occasion, Tahseen appraised the initiatives taken by NRB for reform in financial sector and lauded the role played by the Government of Nepal to maintain financial discipline as well as establishment of Department of Money Laundering.</div>',
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			'created' => '2013-08-05',
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			'description' => 'The International Development Association (IDA) of the World Bank has agreed to provide Rs. 2.90 billion credit to the Government of Nepal.',
			'sortorder' => '1436',
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		'Article' => array(
			'id' => '1574',
			'article_category_id' => '109',
			'title' => 'Nepse Bullish, Backed By Hydro',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<br />
	<span style="font-size: 12px;"><strong>--By Rashesh Vaidya</strong></span></div>
<div>
	&nbsp;</div>
<div>
	Nepse index saw a bullish trend last week with an increment of 12.59 points. It had closed 534.30 on Sunday, 28thJuly (the first trading day of the week) and reached 546.89 at the close of Thursday, 1st August (the last trading day of the week). The market floor was open for five days.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In the week, the hydro-power companies&rsquo; sub-index increased the highest by 61.79 points closing at 1243.06 points. Whereas, the news of Nepal Doorsanchar Company Limited (NTC) going to declare Rs 48 dividend per share this year also, boosted the scrip by Rs 19 contributing to 19.97 points leap in &lsquo;others&rsquo; sector. There were no changes in manufacturing and processing sub-index and trading sub-index during the week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, there was a bulk trading of 609,080 shares of Himalayan Distillery Ltd at Rs 100.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Only the hotel sub-index saw a decline during the week. It declined by 6.01 points closing at 652.05. Total of 8,280 shares of Oriental Hotel were traded during the week with the price drop by Rs 2 per share closing at Rs 138.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Shares of 121 companies were traded at Nepse during the week through 9,521 transactions amounting to Rs 871,805,000. The transaction amount of the week is 20.30 percent higher than that of earlier week. The total number of scrips traded was 2,981,847 which are higher by 449,898 scrips than that of earlier week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Everest Bank topped the list in terms of transaction amount (Rs 87,498,000). Nabil Balanced Fund topped in number of scrips traded during the week. Altogether 609,080 scrips of the fund were traded during the week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Commerz and Trust Bank Nepal was at the top on the basis of the number of transactions (699).&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, total of 4,664,468 bonus shares of seven companies were listed during the week at Nepse.</div>
<div>
	<img alt="Sectors" src="/userfiles/images/Sectors.jpg" style="width: 550px; height: 151px; margin: 5px;" /></div>
<div>
	<hr />
	<div>
		<strong>Nepse on Sunday</strong></div>
	<div>
		Nepse Index closed at 546.55 points on Sunday (August 4). The index dropped by 0.28 points from the Thursday (August 1) close. Commercial Bank, Development Bank, Hydro-power and Manufacturing &amp; Processing sub-indices increased by 0.38 points, 0.13 points, 5.38 points and 3.62 points closing at 543.22 points, 264.45 points, 1248.44 points and 879.30 points respectively. Insurance sub-index dropped the highest by 14.71 points closing at 1104.35 points during a day. Similarly, Finance Companies sub-index and &lsquo;others&rsquo; sub-index also dropped by 1.54 points and 1.18 points closing at 264.59 points and 654.41 points respectively. Total of 410,317 shares was traded from 1927 transactions during a day.</div>
</div>
<p>
	&nbsp;</p>',
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			'description' => 'Nepse index saw a bullish trend last week with an increment of 12.59 points.',
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			'title' => 'Top Ten Losers ( 29 July - 4 August 2013)',
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			'content' => '',
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			'created' => '2013-08-05',
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			'description' => 'Top Ten Losers',
			'sortorder' => '1434',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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		'Article' => array(
			'id' => '1572',
			'article_category_id' => '111',
			'title' => 'Top Ten Gainers ( 29 July - 4 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'Top Ten Gainers',
			'sortorder' => '1433',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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			'id' => '1571',
			'article_category_id' => '113',
			'title' => 'US Dollar Exchange Rte At Local Market (29 July - 4 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'US Dollar Exchange Rte At Local Market',
			'sortorder' => '1432',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
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	),
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		'Article' => array(
			'id' => '1570',
			'article_category_id' => '112',
			'title' => 'Weekly Gold And Silver Price (29 July - 4 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'Weekly Gold And Silver Price',
			'sortorder' => '1431',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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			'main_news' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '1569',
			'article_category_id' => '99',
			'title' => 'Dragonair’s Offer For Nabil USD Credit Card Holders',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<img alt="dRAGON aIR" src="/userfiles/images/dragon.jpg" style="
float: left; margin: 0px 10px 0px 0px;
width: 150px; height: 35px;" />Dragonair is offering an online fare promotion for Nabil Bank USD credit card holders. This special group of customers can now enjoy attractive online fares to Australia, China, Hong Kong, Korea, New Zealand and USA when they make a booking for one of these destinations at the airline&rsquo;s website www.dragonair.com/np. The online promotion ends on 31 October 2013 and travel must be completed before 30 December 2013. Dragonair currently operates three weekly flights from Kathmandu to Hong Kong and offers connections to more than 170 destinations around the world offered by its sister airline, Cathay Pacific.</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'Dragonair is offering an online fare promotion for Nabil Bank USD credit card holders.',
			'sortorder' => '1430',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '1568',
			'article_category_id' => '99',
			'title' => 'Tourism Industry To Focus On DRR',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size: 12px;">The government is engaging in the process of making the Nepali tourism industry and the private sector, as a whole, disaster resilient through necessary regulations and instruments. A half-day workshop on &lsquo;Need of Disaster Preparedness in Tourism Industry&rsquo; was organised in the capital for the same. This is the second workshop of its kind where more than 100 participants from tourism industry participated and brainstormed on the theme. Addressing the workshop, US Ambassador to Nepal Peter W Bodde appreciated the effort of the government, and emphasized the significance of &lsquo;Promoting Public Private Partnership for Earthquake Risk Management&rsquo; programme supported by USAID/OFDA.&nbsp;</span></div>
<div>
	&nbsp;</div>
<div>
	Subash Niroula, Acting Chief Executive Officer of Nepal Tourism Board (NTB) mentioned that NTB was happy to be part of this initiation and look forward to working with concerned stakeholders on Tourism sector DRR (Disaster Risk Reduction) activities on partnership approach.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The half-day workshop was jointly organised by Nepal Tourism Board (NTB), Nepal-USA Chamber of Commerce and Industry (NUSACCI), Himalayan Rescue Association (HRA) and National Society for Earthquake Technology-Nepal (NSET) with the support from USAID/OFDA and Tourism Industry Sector related Associations.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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 government is engaging in the process of making the Nepali tourism industry and the private sector, as a whole, disaster resilient through necessary regulations and instruments.',
			'sortorder' => '1429',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
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		'Article' => array(
			'id' => '1567',
			'article_category_id' => '99',
			'title' => 'More Visitors In July',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size: 12px;">The month of July has shown a slight increase in the number of visitor arrivals in Nepal. The figures released by Immigration Office, Tribhuvan International Airport (TIA) reveal that visitor arrivals in the month of July 2013, compared to the same month last year, have increased by 0.28 per cent to 38,560.&nbsp;</span></div>
<div>
	&nbsp;</div>
<div>
	The arrivals from South Asian region have shown mixed performance. The arrivals from Bangladesh and Sri Lanka have increased by 32.26 per cent and 61.68 per cent respectively whereas India and Pakistan markets declined by 15.74 per cent and 57.76 per cent respectively.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Visitor arrivals from Asia (other than South Asia region) have recorded positive growth of 14.36 per cent with China (17.91 per cent), and Malaysia (77.10 per cent), South Korea (0.90 per cent) and Thailand (87.21 per cent) showing positive growth.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	From long-haul markets, Europe registered an overall positive growth of 6.59 per cent. Arrivals from Belgium, the UK, Italy, the Netherlands, and Russia have recorded positive growth of 54.35 per cent, 22.32 per cent, 3.45 per cent, 27.32 per cent and 62.62 per cent respectively. Likewise, arrivals from Canada and the United States of America also showed positive growth of 107.10 per cent and 5.10 per cent respectively.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Aggregate visitor arrivals decreased by 3.5 per cent to 320,989 for the period between Jan-July 2013 compared to the same month last year. A total of 43,063 foreign tourists departed from TIA in July 2013.The number of Nepalis arrivals stood at 67,422 while 89,159 Nepalis departed from TIA in July 2013.</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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 month of July has shown a slight increase in the number of visitor arrivals in Nepal.',
			'sortorder' => '1428',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '1566',
			'article_category_id' => '157',
			'title' => 'A Fine Point Of View',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Hotel View Point in Nagarkot, situated at a height of 7200 feets has been offering its warm hospitality to Nepali and international tourists for more than two decades now. The hotel was established in the year 1990 with only 15 rooms. The hotel has seen a lot of changes during its long journey, and today, Hotel View Point is a 2 star hotel with 43 deluxe and super deluxe rooms and a host of amenities.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to Naresh Bhakta Shrestha, owner of the Hotel, most of the customers here are international tourist. &ldquo;We also see domestic tourists, but they make up for only 25 per cent of our total customers,&rdquo; says Shrestha. According to him, Nepali families and businessmen visit the Hotel for holidays and for conducting seminars and conferences.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	One of the best things about the Hotel is its location, and it really lives up to its name. The view from the hotel and the rooms is just amazing, and on a clear day, you can enjoy the unobstructed view of the majestic Himalayas. The Hotel is also perfect for watching sunrises and sunsets, and also offers a good view of Kathmandu Valley. According to Shrestha, the best season to visit here is from August to December.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The restaurant of the Hotel serves Nepali, Indian, Chinese and Continental delicacies and can cater to a hundred diners at once. The price of the rooms range from USD 30 to 65 for foreigners, and there are special packages for Nepalis. The packages range from Rs 1800 to Rs 3500 per person, and include room charge, dinner and breakfast.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The Hotel has its city office at Thamel for booking and other information. Guests can also book their rooms easily through the Hotel&rsquo;s online booking system at its website www.viewpoint-nagarkot.com. Visit once for the Hotel&rsquo;s magnificent views, cosy rooms and a memorable time in Nagarkot.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Hotel View Point nagarkot" src="/userfiles/images/hotel%20view1.jpg" style="width: 200px; height: 156px; margin-left: 10px; margin-right: 10px;" />&nbsp;<img alt="Hotel View Point Nagarkot" src="/userfiles/images/hotelview.jpg" style="width: 200px; height: 156px;" /></div>
<div>
	&nbsp;</div>',
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			'description' => 'Hotel View Point in Nagarkot, situated at a height of 7200 feets has been offering its warm hospitality to Nepali and international tourists for more than two decades now.',
			'sortorder' => '1427',
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	(int) 14 => array(
		'Article' => array(
			'id' => '1565',
			'article_category_id' => '152',
			'title' => 'Focus Briefs (5-11 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>KK Super Mart Nepal&nbsp;</strong></div>
<div>
	KK Super Mart Nepal is a chain of local convenience stores, with technical assistance from KK Super Mart Malaysia. It opened its first store in Boudha in July 2012 and three more outlets in Lagankhel, New Baneshwor and Bhaisepati later. It intends to open 15 stores by 2013. It also targets to open 50 stores throughout the valley within the next three years. KK Super Mart Nepal operates all days of the year with the vision to &ldquo;Serve U with a smile.&rdquo; The super market offers over 3,500 high quality products at the most competitive prices. It offers products ranging from every-day grocery goods to personal care, toiletries, household products, over-the-counter medicines, beverages, liquor, recharge cards, pet food, among others. According to KK Super Mart Malaysia, Nepal has been chosen as the first overseas destination due to the emerging economy in Nepal.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong>CG Mart&nbsp;</strong></div>
<div>
	Established business houses too are diversifying into retail. The Chaudhary Group has entered the retail business by establishing CG Mart. This chain of convenience stores sells daily items needed by consumers. CG Mart started operating convenience stores from its location at Minbhawan, Tripureshwor and Dillibazar. The company is also looking for space in busy hubs like New and Old Baneshwor, Gyaneshwor, Thamel, New Road and Chabahil among others. The stores initiated by CG offer products at affordable prices. The company has also started a supply chain to make sure that they need not rely upon any other agencies for the supply of products. CG believes that it will become successful in attracting customers through value added services. It creates an environment to tempt customers to drop in frequently and ensures that the employees at the store are adequately trained and well informed about the products sold at the CG Mart stores.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong>Big Mart&nbsp;</strong></div>
<div>
	Mega Mart, which started operations in 2009 with a Big Mart store at City Centre, Kamal Pokhari, has grown into one of the strongest retail chains in the country since then. It was the first store in Nepal to provide the value and savings concept to its shoppers. Mega Mart, the operator of Big Mart stores plans to open 11 new stores in 2013. The company is moving as per its plan to reach out to the neighbourhood of its prospective customers. Big Mart stores maintain its focus on food items and groceries. The company is also planning to open stores in the outlying areas of the Kathmandu valley besides expanding outside the valley. The company aims to open stores in Pokhara and Biratnagar soon. Big Mart has already distributed over 50,000 privilege cards to its loyal customers and the number has been growing steadily.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong>Stuti Mero Mart&nbsp;</strong></div>
<div>
	Stuti Mero Mart is a chain of convenience stores promoted by ANS Co. Its main goal is to provide a local market place feel to the shoppers by offering impeccable and unparalleled services. It envisions selling a wide range of items to make shopping experience more enjoyable and convenient at a nominal price. Stuti Mero Mart launched its presence in Kathmandu Valley by opening outlets in Ghattekulo, Katyayani Chowk and Sinamangal in June this year. Stuti Mero Mart outlets boast of a collection of around 7,500 domestic and imported items that range from spices, meat and confectionaries to cosmetic items, toiletries, liquors and kitchen wares. One of the major aims of Stuti Mero Mart is to expand its presence in all 35 wards of Kathmandu Metropolitan City. Once that is achieved, it intends to venture into Lalitpur and Bhaktapur districts before penetrating into the markets located outside Kathmandu Valley. Stuti Mero Mart is also planning to launch an online store soon to enable customers for placing orders from home</div>
<div>
	&nbsp;</div>',
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			'description' => 'KK Super Mart Nepal is a chain of local convenience stores, with technical assistance from KK Super Mart Malaysia.',
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)
$current_user = null
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$xml = false
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

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';



    if(!$xml = simplexml_load_file($file)){
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$articles = array(
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		'Article' => array(
			'id' => '1579',
			'article_category_id' => '190',
			'title' => 'Samsung Launches GALAXY S4 Mini',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	International Marketing Services Pvt Ltd (IMS), the sole authorized national distributor of Samsung mobile phones in Nepal has launched Samsung Galaxy S4 Mini in Nepali market. S4 Mini is the Miniature version of Samsung&rsquo;s flagship phone S4, which is relatively cheaper, and comes with slightly reduced features.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Samsung Galaxy S4 Mini comes with a 4.3 inch qHD Super AMOLED display, and has a resolution of 540x960 pixels. At 107 gms, S4 Mini is quite light weight phone and it sports a compact design. Its overall dimensions are of 4.91 x 2.41 x 0.35 inches. With the smaller screen size, the phone is easy to carry and operate with one hand.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	S4 Mini is a dual SIM phone powered by a 1.7 GHz dual core Krait processor that allows users to quickly and easily perform data intensive tasks. The phone comes with 1.5 GB of RAM for better performance. S4 Mini runs on Android 4.2.2 Jelly Bean. The phone has an internal storage of 8 GB, and can be expanded up to 64 GB.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The primary camera of S4 Mini is an eight megapixel one with LED flash and autofocus, and has features like face detection, HDR and panorama mode among others. The phone also sports a 1.9 MP secondary camera.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the company, Galaxy S4 Mini supports many intuitive features and services that are provided by Galaxy S4. The phone is available in the market at a price of Rs 51,500.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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 Marketing Services Pvt Ltd (IMS), the sole authorized national distributor of Samsung mobile phones in Nepal has launched Samsung Galaxy S4 Mini in Nepali market.',
			'sortorder' => '1440',
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			'article_date' => '0000-00-00 00:00:00',
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		'Article' => array(
			'id' => '1578',
			'article_category_id' => '108',
			'title' => 'Money Matters News In Brief (5-11 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong><img alt="HBL Launches American Express" src="/userfiles/images/hbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 150px; height: 71px;" />HBL Launches American Express Gold Credit Card&nbsp;</strong></div>
<div>
	Himalayan Bank Ltd (HBL) and American Express launched Himalayan Bank American Express Gold Credit Card on August 1. The card will be accepted at more than 900 HBL POS terminals and 76 ATMs within Nepal. The card is of two types namely domestic and international. The domestic card members can get up to 20% saving on dining and up to 15% on shopping and hotels and spa. They can also enjoy privileged access to world-class golf facilities in Nepal and complimentary access to Radisson Lounge at TIA and Altitude Lounge in domestic airports of Delhi and Mumbai. Similarly, international card members can get complimentary membership to the Priority Pass Program that gives access to 600 VIP airport lounges around the world. They will also enjoy great savings and discounts on shopping, dining and travel.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="Everest Bank" src="/userfiles/images/ebl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 150px; height: 38px;" />EBL Profit Up 34.14 Percent&nbsp;</strong></div>
<div>
	The operating profit of the Everest Bank for the financial year ended 15th July, 2013 has increased by 34.14 percent (Rs. 240.17 crores) compared to the previous financial year (Rs.179.04 crores). The figures are based on the Provisional Account as presented by the Management of the Bank to the Board. The Board noted with satisfaction the Bank has now joined the league of the largest banks in the country with total business in excess of Rs. 10,000 Crores. The NPA has come down to 0.62percent from 0.84percent last year.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="Nepal Derivative Exchange Limited" src="/userfiles/images/ndex.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 150px; height: 101px;" />NDEX Signs Agreement with Auction Holdings</strong></div>
<div>
	Managing Director of Nepal Derivative Exchange Limited Bishwojan Thapa Shrestha had left for Malawi, Africa last week on invitation of Auction Holdings Commodity Exchange for its inauguration. Both the Exchanges signed an agreement in the programmme for bilateral co-ordination, welfare and mutual knowledge sharing. Shrestha from Nepal Derivative Exchange Ltd and RD Matwi from Auction Holdings Commodity Exchange signed the agreement. The visit is expected to strengthen the mutual relationship between both the companies in the future.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="Century ATM" src="/userfiles/images/century(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 22px;" />Century ATM at Koteshwor&nbsp;</strong></div>
<div>
	Century Commercial Bank on Wednesday, July 30 installed its 17th ATM terminal at Koteshwor.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="Janta Bank" src="/userfiles/images/janta(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Janta Bank&rsquo;s Three ATMs&nbsp;</strong></div>
<div>
	Janta Bank on Tuesday, July 29 installed three ATM terminals at Suryabinayak of Bhaktapur, Nepalgunj and Inarwa.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="xpressmoney" src="/userfiles/images/express.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 50px;" />Mega and Xpress Money Tie&nbsp;</strong></div>
<div>
	An agreement was signed between Mega Bank Nepal Limited and Xpress Money Service for the remittance business on August 1.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong><img alt="PrabhuMOney transfer" src="/userfiles/images/prabhu(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 35px;" />Prabhu Money Transfer Partners with Century Bank&nbsp;</strong></div>
<div>
	An agreement was signed between Prabhu Money Transfer and Century Commercial Bank for the remittance business. The remittance agreement was jointly signed by Rameshwor Sapkota, General Manager of Prabhu Money Transfer and Ganesh Kumar Shrestha, CEO of Century Commercial Bank.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'Himalayan Bank Ltd (HBL) and American Express launched Himalayan Bank American Express Gold Credit Card on August 1.',
			'sortorder' => '1439',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	),
	(int) 2 => array(
		'Article' => array(
			'id' => '1577',
			'article_category_id' => '109',
			'title' => 'NB Bank Gives IFIC One More Month To Send Money',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size: 12px;"><img alt="NB BANK" src="/userfiles/images/nbbank.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 200px; height: 83px;" />Nepal Bangladesh Bank (NB Bank) has written to Bangladesh-based IFIC Bank asking it to submit the amount it owes to NB Bank on the purchase of promoters shares by August 21st .&nbsp;</span></div>
<div>
	&nbsp;</div>
<div>
	The NB Bank extended the deadline by one month after IFIC sought more time to send the money. Earlier, IFIC had been given three months to submit the money. In order to increase its stake in Nepal Bangladesh Bank to 51 percent from existing 9.18 percent, IFIC had announced to purchase the shares of NB Bank owned by Bank Asia Bangladesh and NB Group and people associated with the group.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Bank Asia Bangladesh has 26,67,500 units of shares (13.77 percent) in NB Bank, whereas NB Group and people associated with the group own 38,03,434 units of shares in the company. IFIC had agreed to pay Rs 220 per share. Bank Asia Bangladesh is set to receive Rs 695,350,000 and NB Group and associated people will get Rs 988,892,000 from the sale of the shares.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	But NB Group promoters stand to gain nothing from the sale. NB Group had pledged the shares of Bangladesh Bank with different banks to take loans. Since the loans taken by NB Group exceed the total price of its shares, NB promoters would not get even a penny from the sale of the shares.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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 Bangladesh Bank (NB Bank) has written to Bangladesh-based IFIC Bank asking it to submit the amount it owes to NB Bank on the purchase of promoters shares by August 21st .',
			'sortorder' => '1438',
			'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' => '1576',
			'article_category_id' => '109',
			'title' => 'Alliance Insurance Celebrates 18th Anniversary',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Alliance Insurance Company celebrates its 18th anniversary on August 1. On the occasion, Insurance Board Chairman Prof Dr Fatta Bahadur K.C. stated that the company is above an average than other non-life insurance companies in the Nepali market. He also added that the major indicators of the company are much better than the earlier year.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	At the occasion, Chairman of company B.K. Shrestha stated that the directives forwarded by Insurance Board are in the favor of the company and the directives have been fruitful for increasing the company business and profit.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Meanwhile, blood donation progam, clothes distribution to the flood victim and facilitation to the excellent staffs of the company were done at the occasion.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'Alliance Insurance Company celebrates its 18th anniversary on August 1.',
			'sortorder' => '1437',
			'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' => '1575',
			'article_category_id' => '109',
			'title' => 'World Bank Provides Credit To Nepal',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size: 12px;">The International Development Association (IDA) of the World Bank has agreed to provide Rs. 2.90 billion credit to the Government of Nepal. At a programme organized at the Ministry of Finance on Wednesday, July 31, Secretary at the Finance Ministry, Shanta Raj Subedi and World Bank Country Manager for Nepal, Tahseen Sayed, signed the agreement.&nbsp;</span></div>
<div>
	&nbsp;</div>
<div>
	The main objective of the credit is to provide budgetary support to the Government of Nepal to help it carry out the already initiated reform activities especially in areas of financial sector development. The Government of Nepal has already embarked on the broader reform programme to address financial sector vulnerabilities during the mid 2011. In this course, Nepal Rastra Bank (NRB) has initiated financial inclusion and financial literacy programme in consultation and cooperation with stakeholders. The restructuring task of two major state-controlled banks-Nepal Bank Limited (NBL) and Rastriya Banijya Bank (RBB) has been forwarded.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	On the occasion, Tahseen appraised the initiatives taken by NRB for reform in financial sector and lauded the role played by the Government of Nepal to maintain financial discipline as well as establishment of Department of Money Laundering.</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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 International Development Association (IDA) of the World Bank has agreed to provide Rs. 2.90 billion credit to the Government of Nepal.',
			'sortorder' => '1436',
			'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' => '1574',
			'article_category_id' => '109',
			'title' => 'Nepse Bullish, Backed By Hydro',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<br />
	<span style="font-size: 12px;"><strong>--By Rashesh Vaidya</strong></span></div>
<div>
	&nbsp;</div>
<div>
	Nepse index saw a bullish trend last week with an increment of 12.59 points. It had closed 534.30 on Sunday, 28thJuly (the first trading day of the week) and reached 546.89 at the close of Thursday, 1st August (the last trading day of the week). The market floor was open for five days.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In the week, the hydro-power companies&rsquo; sub-index increased the highest by 61.79 points closing at 1243.06 points. Whereas, the news of Nepal Doorsanchar Company Limited (NTC) going to declare Rs 48 dividend per share this year also, boosted the scrip by Rs 19 contributing to 19.97 points leap in &lsquo;others&rsquo; sector. There were no changes in manufacturing and processing sub-index and trading sub-index during the week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, there was a bulk trading of 609,080 shares of Himalayan Distillery Ltd at Rs 100.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Only the hotel sub-index saw a decline during the week. It declined by 6.01 points closing at 652.05. Total of 8,280 shares of Oriental Hotel were traded during the week with the price drop by Rs 2 per share closing at Rs 138.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Shares of 121 companies were traded at Nepse during the week through 9,521 transactions amounting to Rs 871,805,000. The transaction amount of the week is 20.30 percent higher than that of earlier week. The total number of scrips traded was 2,981,847 which are higher by 449,898 scrips than that of earlier week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Everest Bank topped the list in terms of transaction amount (Rs 87,498,000). Nabil Balanced Fund topped in number of scrips traded during the week. Altogether 609,080 scrips of the fund were traded during the week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Commerz and Trust Bank Nepal was at the top on the basis of the number of transactions (699).&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Similarly, total of 4,664,468 bonus shares of seven companies were listed during the week at Nepse.</div>
<div>
	<img alt="Sectors" src="/userfiles/images/Sectors.jpg" style="width: 550px; height: 151px; margin: 5px;" /></div>
<div>
	<hr />
	<div>
		<strong>Nepse on Sunday</strong></div>
	<div>
		Nepse Index closed at 546.55 points on Sunday (August 4). The index dropped by 0.28 points from the Thursday (August 1) close. Commercial Bank, Development Bank, Hydro-power and Manufacturing &amp; Processing sub-indices increased by 0.38 points, 0.13 points, 5.38 points and 3.62 points closing at 543.22 points, 264.45 points, 1248.44 points and 879.30 points respectively. Insurance sub-index dropped the highest by 14.71 points closing at 1104.35 points during a day. Similarly, Finance Companies sub-index and &lsquo;others&rsquo; sub-index also dropped by 1.54 points and 1.18 points closing at 264.59 points and 654.41 points respectively. Total of 410,317 shares was traded from 1927 transactions during a day.</div>
</div>
<p>
	&nbsp;</p>',
			'published' => true,
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			'modified' => '2013-08-05',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate 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 saw a bullish trend last week with an increment of 12.59 points.',
			'sortorder' => '1435',
			'image' => null,
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	(int) 6 => array(
		'Article' => array(
			'id' => '1573',
			'article_category_id' => '110',
			'title' => 'Top Ten Losers ( 29 July - 4 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'Top Ten Losers',
			'sortorder' => '1434',
			'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' => '1572',
			'article_category_id' => '111',
			'title' => 'Top Ten Gainers ( 29 July - 4 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'Top Ten Gainers',
			'sortorder' => '1433',
			'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' => '1571',
			'article_category_id' => '113',
			'title' => 'US Dollar Exchange Rte At Local Market (29 July - 4 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'US Dollar Exchange Rte At Local Market',
			'sortorder' => '1432',
			'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' => '1570',
			'article_category_id' => '112',
			'title' => 'Weekly Gold And Silver Price (29 July - 4 August 2013)',
			'sub_title' => '',
			'summary' => null,
			'content' => '',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'Weekly Gold And Silver Price',
			'sortorder' => '1431',
			'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' => '1569',
			'article_category_id' => '99',
			'title' => 'Dragonair’s Offer For Nabil USD Credit Card Holders',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<img alt="dRAGON aIR" src="/userfiles/images/dragon.jpg" style="
float: left; margin: 0px 10px 0px 0px;
width: 150px; height: 35px;" />Dragonair is offering an online fare promotion for Nabil Bank USD credit card holders. This special group of customers can now enjoy attractive online fares to Australia, China, Hong Kong, Korea, New Zealand and USA when they make a booking for one of these destinations at the airline&rsquo;s website www.dragonair.com/np. The online promotion ends on 31 October 2013 and travel must be completed before 30 December 2013. Dragonair currently operates three weekly flights from Kathmandu to Hong Kong and offers connections to more than 170 destinations around the world offered by its sister airline, Cathay Pacific.</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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' => 'Dragonair is offering an online fare promotion for Nabil Bank USD credit card holders.',
			'sortorder' => '1430',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '1568',
			'article_category_id' => '99',
			'title' => 'Tourism Industry To Focus On DRR',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size: 12px;">The government is engaging in the process of making the Nepali tourism industry and the private sector, as a whole, disaster resilient through necessary regulations and instruments. A half-day workshop on &lsquo;Need of Disaster Preparedness in Tourism Industry&rsquo; was organised in the capital for the same. This is the second workshop of its kind where more than 100 participants from tourism industry participated and brainstormed on the theme. Addressing the workshop, US Ambassador to Nepal Peter W Bodde appreciated the effort of the government, and emphasized the significance of &lsquo;Promoting Public Private Partnership for Earthquake Risk Management&rsquo; programme supported by USAID/OFDA.&nbsp;</span></div>
<div>
	&nbsp;</div>
<div>
	Subash Niroula, Acting Chief Executive Officer of Nepal Tourism Board (NTB) mentioned that NTB was happy to be part of this initiation and look forward to working with concerned stakeholders on Tourism sector DRR (Disaster Risk Reduction) activities on partnership approach.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The half-day workshop was jointly organised by Nepal Tourism Board (NTB), Nepal-USA Chamber of Commerce and Industry (NUSACCI), Himalayan Rescue Association (HRA) and National Society for Earthquake Technology-Nepal (NSET) with the support from USAID/OFDA and Tourism Industry Sector related Associations.</div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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 government is engaging in the process of making the Nepali tourism industry and the private sector, as a whole, disaster resilient through necessary regulations and instruments.',
			'sortorder' => '1429',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
			'homepage' => false,
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	),
	(int) 12 => array(
		'Article' => array(
			'id' => '1567',
			'article_category_id' => '99',
			'title' => 'More Visitors In July',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size: 12px;">The month of July has shown a slight increase in the number of visitor arrivals in Nepal. The figures released by Immigration Office, Tribhuvan International Airport (TIA) reveal that visitor arrivals in the month of July 2013, compared to the same month last year, have increased by 0.28 per cent to 38,560.&nbsp;</span></div>
<div>
	&nbsp;</div>
<div>
	The arrivals from South Asian region have shown mixed performance. The arrivals from Bangladesh and Sri Lanka have increased by 32.26 per cent and 61.68 per cent respectively whereas India and Pakistan markets declined by 15.74 per cent and 57.76 per cent respectively.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Visitor arrivals from Asia (other than South Asia region) have recorded positive growth of 14.36 per cent with China (17.91 per cent), and Malaysia (77.10 per cent), South Korea (0.90 per cent) and Thailand (87.21 per cent) showing positive growth.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	From long-haul markets, Europe registered an overall positive growth of 6.59 per cent. Arrivals from Belgium, the UK, Italy, the Netherlands, and Russia have recorded positive growth of 54.35 per cent, 22.32 per cent, 3.45 per cent, 27.32 per cent and 62.62 per cent respectively. Likewise, arrivals from Canada and the United States of America also showed positive growth of 107.10 per cent and 5.10 per cent respectively.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Aggregate visitor arrivals decreased by 3.5 per cent to 320,989 for the period between Jan-July 2013 compared to the same month last year. A total of 43,063 foreign tourists departed from TIA in July 2013.The number of Nepalis arrivals stood at 67,422 while 89,159 Nepalis departed from TIA in July 2013.</div>',
			'published' => true,
			'created' => '2013-08-05',
			'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 month of July has shown a slight increase in the number of visitor arrivals in Nepal.',
			'sortorder' => '1428',
			'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' => '1566',
			'article_category_id' => '157',
			'title' => 'A Fine Point Of View',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Hotel View Point in Nagarkot, situated at a height of 7200 feets has been offering its warm hospitality to Nepali and international tourists for more than two decades now. The hotel was established in the year 1990 with only 15 rooms. The hotel has seen a lot of changes during its long journey, and today, Hotel View Point is a 2 star hotel with 43 deluxe and super deluxe rooms and a host of amenities.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to Naresh Bhakta Shrestha, owner of the Hotel, most of the customers here are international tourist. &ldquo;We also see domestic tourists, but they make up for only 25 per cent of our total customers,&rdquo; says Shrestha. According to him, Nepali families and businessmen visit the Hotel for holidays and for conducting seminars and conferences.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	One of the best things about the Hotel is its location, and it really lives up to its name. The view from the hotel and the rooms is just amazing, and on a clear day, you can enjoy the unobstructed view of the majestic Himalayas. The Hotel is also perfect for watching sunrises and sunsets, and also offers a good view of Kathmandu Valley. According to Shrestha, the best season to visit here is from August to December.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The restaurant of the Hotel serves Nepali, Indian, Chinese and Continental delicacies and can cater to a hundred diners at once. The price of the rooms range from USD 30 to 65 for foreigners, and there are special packages for Nepalis. The packages range from Rs 1800 to Rs 3500 per person, and include room charge, dinner and breakfast.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The Hotel has its city office at Thamel for booking and other information. Guests can also book their rooms easily through the Hotel&rsquo;s online booking system at its website www.viewpoint-nagarkot.com. Visit once for the Hotel&rsquo;s magnificent views, cosy rooms and a memorable time in Nagarkot.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Hotel View Point nagarkot" src="/userfiles/images/hotel%20view1.jpg" style="width: 200px; height: 156px; margin-left: 10px; margin-right: 10px;" />&nbsp;<img alt="Hotel View Point Nagarkot" src="/userfiles/images/hotelview.jpg" style="width: 200px; height: 156px;" /></div>
<div>
	&nbsp;</div>',
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			'created' => '2013-08-05',
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			'description' => 'Hotel View Point in Nagarkot, situated at a height of 7200 feets has been offering its warm hospitality to Nepali and international tourists for more than two decades now.',
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			'id' => '1565',
			'article_category_id' => '152',
			'title' => 'Focus Briefs (5-11 August 2013)',
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			'content' => '<div>
	<strong>KK Super Mart Nepal&nbsp;</strong></div>
<div>
	KK Super Mart Nepal is a chain of local convenience stores, with technical assistance from KK Super Mart Malaysia. It opened its first store in Boudha in July 2012 and three more outlets in Lagankhel, New Baneshwor and Bhaisepati later. It intends to open 15 stores by 2013. It also targets to open 50 stores throughout the valley within the next three years. KK Super Mart Nepal operates all days of the year with the vision to &ldquo;Serve U with a smile.&rdquo; The super market offers over 3,500 high quality products at the most competitive prices. It offers products ranging from every-day grocery goods to personal care, toiletries, household products, over-the-counter medicines, beverages, liquor, recharge cards, pet food, among others. According to KK Super Mart Malaysia, Nepal has been chosen as the first overseas destination due to the emerging economy in Nepal.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong>CG Mart&nbsp;</strong></div>
<div>
	Established business houses too are diversifying into retail. The Chaudhary Group has entered the retail business by establishing CG Mart. This chain of convenience stores sells daily items needed by consumers. CG Mart started operating convenience stores from its location at Minbhawan, Tripureshwor and Dillibazar. The company is also looking for space in busy hubs like New and Old Baneshwor, Gyaneshwor, Thamel, New Road and Chabahil among others. The stores initiated by CG offer products at affordable prices. The company has also started a supply chain to make sure that they need not rely upon any other agencies for the supply of products. CG believes that it will become successful in attracting customers through value added services. It creates an environment to tempt customers to drop in frequently and ensures that the employees at the store are adequately trained and well informed about the products sold at the CG Mart stores.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong>Big Mart&nbsp;</strong></div>
<div>
	Mega Mart, which started operations in 2009 with a Big Mart store at City Centre, Kamal Pokhari, has grown into one of the strongest retail chains in the country since then. It was the first store in Nepal to provide the value and savings concept to its shoppers. Mega Mart, the operator of Big Mart stores plans to open 11 new stores in 2013. The company is moving as per its plan to reach out to the neighbourhood of its prospective customers. Big Mart stores maintain its focus on food items and groceries. The company is also planning to open stores in the outlying areas of the Kathmandu valley besides expanding outside the valley. The company aims to open stores in Pokhara and Biratnagar soon. Big Mart has already distributed over 50,000 privilege cards to its loyal customers and the number has been growing steadily.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong>Stuti Mero Mart&nbsp;</strong></div>
<div>
	Stuti Mero Mart is a chain of convenience stores promoted by ANS Co. Its main goal is to provide a local market place feel to the shoppers by offering impeccable and unparalleled services. It envisions selling a wide range of items to make shopping experience more enjoyable and convenient at a nominal price. Stuti Mero Mart launched its presence in Kathmandu Valley by opening outlets in Ghattekulo, Katyayani Chowk and Sinamangal in June this year. Stuti Mero Mart outlets boast of a collection of around 7,500 domestic and imported items that range from spices, meat and confectionaries to cosmetic items, toiletries, liquors and kitchen wares. One of the major aims of Stuti Mero Mart is to expand its presence in all 35 wards of Kathmandu Metropolitan City. Once that is achieved, it intends to venture into Lalitpur and Bhaktapur districts before penetrating into the markets located outside Kathmandu Valley. Stuti Mero Mart is also planning to launch an online store soon to enable customers for placing orders from home</div>
<div>
	&nbsp;</div>',
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			'created' => '2013-08-05',
			'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' => 'KK Super Mart Nepal is a chain of local convenience stores, with technical assistance from KK Super Mart Malaysia.',
			'sortorder' => '1426',
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