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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '554', 'article_category_id' => '34', 'title' => '50 Projects For Investment Year', 'sub_title' => '', 'summary' => null, 'content' => '<p> Targeting the investment year 2012/13, Federation of Nepalese Chambers of Commerce and Industry (FNCCI) is planning to bring medium-term economic development strategy with 50 new projects. </p> <p> The strategy is expected to attract large investors in the country during the investment year. According to Hemant Dawadi, Director General of FNCCI, the federation is preparing profiles of the projects. This is the first time that FNCCI is preparing such an extensive strategy paper for large projects. Dawadi said that the projects will be mainly in hydropower, tourism, education, health, agriculture, infrastructure development, cement and consumer goods.</p> <p> Such profiles will include the investment opportunities in the respective field, the government policy for the same as well as the constraints in the realisation of the opportunities. According to Dawadi, once the projects are developed, investors will be searched in China, India, America and European countries by mobilising support from the business chambers in the respective countries. FNCCI says it has plan to set up an information centre with its own investment within three years. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Targeting the investment year 2012/13, Federation of Nepalese Chambers of Commerce and Industry (FNCCI) is planning to bring medium-term economic development strategy with 50 new projects.', 'sortorder' => '457', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '553', 'article_category_id' => '34', 'title' => 'Yamaha YBR Mileage Challenge', 'sub_title' => '', 'summary' => null, 'content' => '<p> Aiming to make customers more aware about Yamaha YBR bikes and their respective mileages, MAW Enterprises, the authorised distributor of Yamaha for Nepal, organised Yamaha YBR Mileage Challenge in Janakpur.</p> <p> <img align="right" alt="" border="5" height="167" hspace="4" src="http://newbusinessage.com/ckfinder/userfiles/Images/yahama.jpg" vspace="4" width="300" /></p> <p> A total of 45 owners of YBR motorbikes participated in the event. Khusi Lal Thakuri won in the YBR 110 category with a mileage of 85 km per litre. Ratneshwor Yadav with 84 km per litre was the first runner-up. Similarly, Radheshyam Rajak won in the YBR 125 category with a mileage of 79 km per litre while Bijay Kumar Thakur was the runner up. Winners were declared on the basis of distance covered by the bikes in a minute. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Aiming to make customers more aware about Yamaha YBR bikes and their respective mileages', 'sortorder' => '456', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '552', 'article_category_id' => '34', 'title' => 'Solar Electrification In Bhojpur Village', 'sub_title' => '', 'summary' => null, 'content' => '<p> Helaucha village in Bhojpur district has started getting electricity using Solar Photo Voltaic Technology (SPVT), a modern and environmentally clean source of electricity. The project was funded and implemented with assistance from the Government of India. Under the scheme, 155 houses have benefited. Each household has received a solar panel, maintenance free battery and home lighting system of 75 watts. The project cost Rs 7.39 million. Colonel Ajay Pasbola, Defence Attache with the Embassy of India in Nepal, formally inaugurated and handed over the project to Users Committee on 16 November. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Helaucha village in Bhojpur district has started getting electricity using Solar Photo Voltaic Technology (SPVT)', 'sortorder' => '455', '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' => '551', 'article_category_id' => '34', 'title' => 'NEPSE Begins Block Trading', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal Stock Exchange (NEPSE) has started a special system for block trading from November 15. Trading of more than one per cent of the listed shares of a company is defined as ‘block trading’, according to NEPSE. For such trading, NEPSE has introduced a separate window in its automated trading system. The first deal recorded in NEPSE under the new system was the sale of 1,020,144 units of shares in Hotel Soaltee Limited by India’s hospitality industry major Oberoi Hotels to Nepal’s investment company Shivcream Land and Industries Company.</p> <p> With this Oberoi has made final exit from Soaltee. With the new system, buyers and sellers of large quantity of shares of a company can negotiate the price outside the NEPSE and bring the deal to NEPSE for record purpose. Thus the parties to such deals can now pay the commission on the basis of the actual deal value. Earlier, as the deals were recorded by NEPSE on the current market price, the parties were forced to pay a high commission. </p> <p> NEPSE hopes, this new system will make it easier for the large shareholders, such as foreign direct investors to exit from a company. According to Nepse, the Soaltee deal was signed between the parties on September 14 and the price agreed was Rs. 140 per share. The Face value of Soaltee’s shares is Rs. 10 per unit. The latest trading price of Soaltee’s shares before November 15 was Rs. 186. With the exit of Oberoi, Soaltee now has Holiday Inn International as the only foreign shareholder. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'NEPSE has introduced a separate window in its automated trading system. The first deal recorded in NEPSE under the new system was the sale of 1,020,144 units of shares in Hotel Soaltee Limited', 'sortorder' => '454', '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' => '550', 'article_category_id' => '34', 'title' => 'NIBL Partners With Broadlink, Radius', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal Investment Bank Limited (NIBL) has tied up with Broadlink Network & Communication Pvt Ltd which will allow NIBL customers to purchase Broadlink’s PINs through NIBL eBanking and ATMs.<img align="left" alt="" border="1" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/brodlink.jpg" style="width: 133px; height: 122px;" vspace="2" />The facility will cover both Wi-Fi service (Broadlink Wi-Fi) and Internet based telephone service (Broadtel) provided by Broadlink.<img align="right" alt="" border="3" height="70" hspace="1" src="http://newbusinessage.com/ckfinder/userfiles/Images/investment.jpg" vspace="1" width="300" /></p> <p> Similarly, the bank also integrated with Radius Communications enabling purchase of calling cards through ATMs and eBanking. Radius Communications has been providing IP Telephony service for the past one year through which international calls can be made at very economical rates. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Nepal Investment Bank Limited (NIBL) has tied up with Broadlink Network & Communication Pvt Ltd', 'sortorder' => '453', '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' => '549', 'article_category_id' => '34', 'title' => 'Young Entrepreneurs Honoured', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img align="top" alt="" border="5" height="160" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/1st.jpg" vspace="2" width="300" /></p> <p> Samriddhi, The Prosperity Foundation honoured eight young entrepreneurs on the occasion of Global Entrepreneurship Week (GEW) on November 17. Biswas Dhakal of E-Sewa, Hajuri Bista of Nawaras Pickles, Hari Bhakta Sharma of Deurali Janta Pharmaceuticals and Bhola Sharma who established a library in Parbat were felicitated during the programme.</p> <p> Similarly, Maheshwor Shrestha of Everest Fashion, Nirajan Shrestha of Sujal Foods, Om Rajbhandari of Brihat Investments, and Shyam Kakshapati of Nanglo International were also honoured. Though GEW is celebrated for a week globally, in Nepal it was observed only for a day. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Samriddhi, The Prosperity Foundation honoured eight young entrepreneurs on the occasion of Global Entrepreneurship Week (GEW) on November 17', 'sortorder' => '452', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '548', 'article_category_id' => '34', 'title' => 'NMB, BPKIHS Tie Up', 'sub_title' => '', 'summary' => null, 'content' => '<p> NMB Bank Limited and BP Koirala Institute of Health Sciences (BPKIHS),Dharan have entered into an agreement under which the bank is to provide cash management service to the hospital.</p> <p> <img align="right" alt="" border="1" height="92" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/nmb.jpg" vspace="2" width="300" /></p> <p> With this agreement, the bank can open bill counters to collect revenues on behalf of the hospital and facilitate a system to effectively manage the fund. The bank will also establish a separate banking counter to provide various banking services to the hospital’s staff, doctors, and medical students. ï® </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'NMB Bank Limited and BP Koirala Institute of Health Sciences (BPKIHS),Dharan have entered into an agreement under which the bank is to provide cash management service to the hospital', 'sortorder' => '451', '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' => '547', 'article_category_id' => '34', 'title' => 'Five-Year AML Strategy', 'sub_title' => '', 'summary' => null, 'content' => '<p> The government has come up with a five-year strategy to fight money laundering and terroristfinancing. According to this Anti-Money Laundering (AML) strategy, legal provisions are being amended to allow the government authority to seize black money. It has also incorporated institutional and policy reforms detailing the activities and responsibilities of different government bodies.</p> <p> This follows increasing pressure from the international community to make such law. Latest such pressure came a couple of weeks back from the meeting, of Financial Action Task Force (FATF) held in France. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'The government has come up with a five-year strategy', 'sortorder' => '450', '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' => '546', 'article_category_id' => '34', 'title' => 'Six Financial Institutions Approved For Merger', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal Rastra Bank (NRB) has given a go ahead sign to six banks and finance companies willing to merge. Board meeting of NRB held on November 10 decided to approve the merger proposals received from financial institutions, according to Bhaskar Mani Gyawali, Spokesperson at NRB. He informed that the central bank has provided letter of intent to merger proposal of Pashupati Development Bank and Lord Buddha Finance, Business Development Bank and Universal Finance, Annapurna Development Bank and Suryadarshan Finance. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Nepal Rastra Bank (NRB) has given a go ahead sign to six banks and finance companies willing to merge', 'sortorder' => '449', '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' => '545', 'article_category_id' => '34', 'title' => 'Laxmi Steels Gets NS Certification', 'sub_title' => '', 'summary' => null, 'content' => '<p> Laxmi Steels Pvt Ltd, a subsidiary company of Saurabh Group, has been recently certified with NS certificate (NS 191) from the Government of Nepal. Within a short span of establishment, it has proved to be among the most reliable brands in the Nepali market, says the company</p> <p> .<img align="middle" alt="" border="5" height="64" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/invest.jpg" vspace="2" width="300" /></p> <p> Guaranteed best quality steels, excellent services, easy availability, regularity in supply and quality consistency has earned consumers’ reliability towards the company and its products, it adds. ï® </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Laxmi Steels Pvt Ltd, a subsidiary company of Saurabh Group, has been recently certified with NS certificate', 'sortorder' => '448', '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' => '544', 'article_category_id' => '34', 'title' => 'Nepal Bank Capital To Reach Rs 4 Billion', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal Bank Limited is set to increase its paid up capital to Rs 4 billion. Nepal Rastra Bank (NRB) approved the banks’ proposal to increase the capital base. Deputy Governor of NRB, Maha Prasad Adhikari said that the central bank approved the banks’ proposal to increase capital by issuing rights share. The bank has proposed to issue nine rights shares against one existing share. Currently, the bank has Rs 383 million paid up capital. ï® </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Nepal Bank Limited is set to increase its paid up capital', 'sortorder' => '447', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '542', 'article_category_id' => '34', 'title' => 'Nepal's HDI Improves', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal's Human Development Index (HDI) has increased from 0.428 in 2010 to 0.458 in 2011, according to the latest report from the United Nations Development Programme (UNDP). However, Nepal has slipped 19 steps down in the international rankings, shows this year's report. Human Development Report . This year's Human Development Report titled, Equity and Sustainability:</p> <p> A Better Future for All places Nepal 157th out of 187 countries. Nepal was ranked 138th out of 169 countries in 2010, which was five slots higher than in 2005. HDI is calculated as an average of the literacy rate, life expectancy and per capita income of the respective country. An improvement in any of these indicators helps improve the HDI. The report in 2010 had listed Nepal among the 10 countries that made most significant progress in HDI because of improvement in health and education.</p> <p> Development progress in the world's poorest countries could be halted or even reversed by mid-century unless bold steps are taken now to slow climate change, prevent further environmental damage, and reduce deep inequalities within and among nations, reads the report. The report says that environment can only be saved if the growing energy demand can be managed and with improvement in ecology, education, health, income, and gender equality. Norway, Australia and the Netherlands lead the world in the 2011 HDI while Democratic Republic of Congo, Niger and Burundi are at the bottom of the list. Similarly, China stands at 101 and India in 134th position. China and India were ranked 89 and 119 respectively in 2010. ï</p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '2012-10-31', 'keywords' => '', 'description' => 'Nepal's Human Development Index (HDI) has increased', 'sortorder' => '446', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '541', 'article_category_id' => '34', 'title' => 'BOS Launches SAP UAcademy Programme', 'sub_title' => '', 'summary' => null, 'content' => '<p> Leveraging on the success of its SAP e-Academy programme, Blue Ocean Systems (BOS) has now launched an SAP uAcademy programme. BOS, the only authorised SAP software product training centre in Nepal, has been providing SAP training for the last three years under a programme called SAP e-Academy. SAP uAcademy programme has been designed to benefit college students in their undergraduate and graduate levels. BOS is offering the courses ranging from Euro 150 to Euro 1200 – 50 per cent less cost than its normal SAP e-Academy course fees – making it the most affordable SAP training courses available in the country. ï® </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Blue Ocean Systems (BOS) has now launched an SAP uAcademy programme.', 'sortorder' => '445', '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' => '540', 'article_category_id' => '34', 'title' => 'Civil Mall Mala Maal Festival 2011', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img align="textTop" alt="Civil Mall Mala Maal Festival 2011" border="3" height="217" hspace="3" src="http://newbusinessage.com/ckfinder/userfiles/Images/car(2).jpg" vspace="3" width="300" /></p> <p> <strong>Tata Vista Winner Karuna Kharel (left) receiving car keys</strong></p> <p> Civil Mall announced the winners of ‘Tata Vista – Civil Mall Dashain Tihar Mala Maal Festival 2011’ amidst a prize distribution programme held recently. While Karuna Kharel won a brand new Tata Vista Car as bumper prize, Dinesh Thapa won the ‘Trip to Dubai’ for two individuals. Besides Tata Vista and Fly Dubai, other sponsors of the programme included Samsung, Pepsi, LG, Emirates and IFB.</p> <p> Civil Mall had the offer on from 2nd September to 26th October 2011 that straddled Dashain and Tihar festivals. Nishant Shrestha, Head – Marketing and Communications of Civil Mall said, “The event generated an approximate traffic of over 50,000 shoppers. More than 17,000 people participated in the programme of which 76 turned out to be lucky winners.†ï®</p>', 'published' => true, 'created' => '2012-02-21', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Civil Mall announced the winners of ‘Tata Vista – Civil Mall Dashain Tihar Mala Maal Festival 2011', 'sortorder' => '444', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 14 => array( 'Article' => array( 'id' => '539', 'article_category_id' => '34', 'title' => 'Guidelines For Hotels And Restaurants', 'sub_title' => '', 'summary' => null, 'content' => '<p> The Consumer Protection Council (CPC) has endorsed a set of guidelines on monitoring of hotels, lodges, restaurants and other public resthouses as well as readymade food joints. This decision was made on November 6 by a meeting of the Council headed by Lekh Raj Bhatta, Minister for Commerce and Supplies.</p> <p> According to the directive, the eateries are required to display the price list at a publicly visible location inside the shop and to maintain standard sanitation on the kitchen, eating area and the toilet. According to the directive, the monitoring officials after inspection will issue card of different colours to the hotels and restaurants. The colours will represent the level of standards maintained. –Accordingly, the green will be for 80 per cent and above of the standard, blue for less than 80 per cent and yellow for less than 40 per cent.</p> <p> Businesses that run without license will be slapped up to five years of imprisonment or fined Rs 100,000. If a consumers faces long term health problems from consumption of unhealthy food in a restaqurant, such service providers will be sent for 15 years of imprisonment or fined Rs 500,000 or both. ï® </p>', 'published' => true, 'created' => '2012-02-21', 'modified' => '0000-00-00', 'keywords' => '', 'description' => '', 'sortorder' => '443', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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According to Hemant Dawadi, Director General of FNCCI, the federation is preparing profiles of the projects. This is the first time that FNCCI is preparing such an extensive strategy paper for large projects. Dawadi said that the projects will be mainly in hydropower, tourism, education, health, agriculture, infrastructure development, cement and consumer goods.</p> <p> Such profiles will include the investment opportunities in the respective field, the government policy for the same as well as the constraints in the realisation of the opportunities. According to Dawadi, once the projects are developed, investors will be searched in China, India, America and European countries by mobilising support from the business chambers in the respective countries. FNCCI says it has plan to set up an information centre with its own investment within three years. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Targeting the investment year 2012/13, Federation of Nepalese Chambers of Commerce and Industry (FNCCI) is planning to bring medium-term economic development strategy with 50 new projects.', 'sortorder' => '457', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '553', 'article_category_id' => '34', 'title' => 'Yamaha YBR Mileage Challenge', 'sub_title' => '', 'summary' => null, 'content' => '<p> Aiming to make customers more aware about Yamaha YBR bikes and their respective mileages, MAW Enterprises, the authorised distributor of Yamaha for Nepal, organised Yamaha YBR Mileage Challenge in Janakpur.</p> <p> <img align="right" alt="" border="5" height="167" hspace="4" src="http://newbusinessage.com/ckfinder/userfiles/Images/yahama.jpg" vspace="4" width="300" /></p> <p> A total of 45 owners of YBR motorbikes participated in the event. Khusi Lal Thakuri won in the YBR 110 category with a mileage of 85 km per litre. Ratneshwor Yadav with 84 km per litre was the first runner-up. Similarly, Radheshyam Rajak won in the YBR 125 category with a mileage of 79 km per litre while Bijay Kumar Thakur was the runner up. Winners were declared on the basis of distance covered by the bikes in a minute. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Aiming to make customers more aware about Yamaha YBR bikes and their respective mileages', 'sortorder' => '456', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '552', 'article_category_id' => '34', 'title' => 'Solar Electrification In Bhojpur Village', 'sub_title' => '', 'summary' => null, 'content' => '<p> Helaucha village in Bhojpur district has started getting electricity using Solar Photo Voltaic Technology (SPVT), a modern and environmentally clean source of electricity. The project was funded and implemented with assistance from the Government of India. Under the scheme, 155 houses have benefited. Each household has received a solar panel, maintenance free battery and home lighting system of 75 watts. The project cost Rs 7.39 million. Colonel Ajay Pasbola, Defence Attache with the Embassy of India in Nepal, formally inaugurated and handed over the project to Users Committee on 16 November. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Helaucha village in Bhojpur district has started getting electricity using Solar Photo Voltaic Technology (SPVT)', 'sortorder' => '455', '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' => '551', 'article_category_id' => '34', 'title' => 'NEPSE Begins Block Trading', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal Stock Exchange (NEPSE) has started a special system for block trading from November 15. Trading of more than one per cent of the listed shares of a company is defined as ‘block trading’, according to NEPSE. For such trading, NEPSE has introduced a separate window in its automated trading system. The first deal recorded in NEPSE under the new system was the sale of 1,020,144 units of shares in Hotel Soaltee Limited by India’s hospitality industry major Oberoi Hotels to Nepal’s investment company Shivcream Land and Industries Company.</p> <p> With this Oberoi has made final exit from Soaltee. With the new system, buyers and sellers of large quantity of shares of a company can negotiate the price outside the NEPSE and bring the deal to NEPSE for record purpose. Thus the parties to such deals can now pay the commission on the basis of the actual deal value. Earlier, as the deals were recorded by NEPSE on the current market price, the parties were forced to pay a high commission. </p> <p> NEPSE hopes, this new system will make it easier for the large shareholders, such as foreign direct investors to exit from a company. According to Nepse, the Soaltee deal was signed between the parties on September 14 and the price agreed was Rs. 140 per share. The Face value of Soaltee’s shares is Rs. 10 per unit. The latest trading price of Soaltee’s shares before November 15 was Rs. 186. With the exit of Oberoi, Soaltee now has Holiday Inn International as the only foreign shareholder. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'NEPSE has introduced a separate window in its automated trading system. The first deal recorded in NEPSE under the new system was the sale of 1,020,144 units of shares in Hotel Soaltee Limited', 'sortorder' => '454', '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' => '550', 'article_category_id' => '34', 'title' => 'NIBL Partners With Broadlink, Radius', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal Investment Bank Limited (NIBL) has tied up with Broadlink Network & Communication Pvt Ltd which will allow NIBL customers to purchase Broadlink’s PINs through NIBL eBanking and ATMs.<img align="left" alt="" border="1" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/brodlink.jpg" style="width: 133px; height: 122px;" vspace="2" />The facility will cover both Wi-Fi service (Broadlink Wi-Fi) and Internet based telephone service (Broadtel) provided by Broadlink.<img align="right" alt="" border="3" height="70" hspace="1" src="http://newbusinessage.com/ckfinder/userfiles/Images/investment.jpg" vspace="1" width="300" /></p> <p> Similarly, the bank also integrated with Radius Communications enabling purchase of calling cards through ATMs and eBanking. Radius Communications has been providing IP Telephony service for the past one year through which international calls can be made at very economical rates. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Nepal Investment Bank Limited (NIBL) has tied up with Broadlink Network & Communication Pvt Ltd', 'sortorder' => '453', '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' => '549', 'article_category_id' => '34', 'title' => 'Young Entrepreneurs Honoured', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img align="top" alt="" border="5" height="160" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/1st.jpg" vspace="2" width="300" /></p> <p> Samriddhi, The Prosperity Foundation honoured eight young entrepreneurs on the occasion of Global Entrepreneurship Week (GEW) on November 17. Biswas Dhakal of E-Sewa, Hajuri Bista of Nawaras Pickles, Hari Bhakta Sharma of Deurali Janta Pharmaceuticals and Bhola Sharma who established a library in Parbat were felicitated during the programme.</p> <p> Similarly, Maheshwor Shrestha of Everest Fashion, Nirajan Shrestha of Sujal Foods, Om Rajbhandari of Brihat Investments, and Shyam Kakshapati of Nanglo International were also honoured. Though GEW is celebrated for a week globally, in Nepal it was observed only for a day. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Samriddhi, The Prosperity Foundation honoured eight young entrepreneurs on the occasion of Global Entrepreneurship Week (GEW) on November 17', 'sortorder' => '452', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '548', 'article_category_id' => '34', 'title' => 'NMB, BPKIHS Tie Up', 'sub_title' => '', 'summary' => null, 'content' => '<p> NMB Bank Limited and BP Koirala Institute of Health Sciences (BPKIHS),Dharan have entered into an agreement under which the bank is to provide cash management service to the hospital.</p> <p> <img align="right" alt="" border="1" height="92" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/nmb.jpg" vspace="2" width="300" /></p> <p> With this agreement, the bank can open bill counters to collect revenues on behalf of the hospital and facilitate a system to effectively manage the fund. The bank will also establish a separate banking counter to provide various banking services to the hospital’s staff, doctors, and medical students. ï® </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'NMB Bank Limited and BP Koirala Institute of Health Sciences (BPKIHS),Dharan have entered into an agreement under which the bank is to provide cash management service to the hospital', 'sortorder' => '451', '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' => '547', 'article_category_id' => '34', 'title' => 'Five-Year AML Strategy', 'sub_title' => '', 'summary' => null, 'content' => '<p> The government has come up with a five-year strategy to fight money laundering and terroristfinancing. According to this Anti-Money Laundering (AML) strategy, legal provisions are being amended to allow the government authority to seize black money. It has also incorporated institutional and policy reforms detailing the activities and responsibilities of different government bodies.</p> <p> This follows increasing pressure from the international community to make such law. Latest such pressure came a couple of weeks back from the meeting, of Financial Action Task Force (FATF) held in France. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'The government has come up with a five-year strategy', 'sortorder' => '450', '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' => '546', 'article_category_id' => '34', 'title' => 'Six Financial Institutions Approved For Merger', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal Rastra Bank (NRB) has given a go ahead sign to six banks and finance companies willing to merge. Board meeting of NRB held on November 10 decided to approve the merger proposals received from financial institutions, according to Bhaskar Mani Gyawali, Spokesperson at NRB. He informed that the central bank has provided letter of intent to merger proposal of Pashupati Development Bank and Lord Buddha Finance, Business Development Bank and Universal Finance, Annapurna Development Bank and Suryadarshan Finance. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Nepal Rastra Bank (NRB) has given a go ahead sign to six banks and finance companies willing to merge', 'sortorder' => '449', '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' => '545', 'article_category_id' => '34', 'title' => 'Laxmi Steels Gets NS Certification', 'sub_title' => '', 'summary' => null, 'content' => '<p> Laxmi Steels Pvt Ltd, a subsidiary company of Saurabh Group, has been recently certified with NS certificate (NS 191) from the Government of Nepal. Within a short span of establishment, it has proved to be among the most reliable brands in the Nepali market, says the company</p> <p> .<img align="middle" alt="" border="5" height="64" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/invest.jpg" vspace="2" width="300" /></p> <p> Guaranteed best quality steels, excellent services, easy availability, regularity in supply and quality consistency has earned consumers’ reliability towards the company and its products, it adds. ï® </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Laxmi Steels Pvt Ltd, a subsidiary company of Saurabh Group, has been recently certified with NS certificate', 'sortorder' => '448', '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' => '544', 'article_category_id' => '34', 'title' => 'Nepal Bank Capital To Reach Rs 4 Billion', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal Bank Limited is set to increase its paid up capital to Rs 4 billion. Nepal Rastra Bank (NRB) approved the banks’ proposal to increase the capital base. Deputy Governor of NRB, Maha Prasad Adhikari said that the central bank approved the banks’ proposal to increase capital by issuing rights share. The bank has proposed to issue nine rights shares against one existing share. Currently, the bank has Rs 383 million paid up capital. ï® </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Nepal Bank Limited is set to increase its paid up capital', 'sortorder' => '447', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '542', 'article_category_id' => '34', 'title' => 'Nepal's HDI Improves', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal's Human Development Index (HDI) has increased from 0.428 in 2010 to 0.458 in 2011, according to the latest report from the United Nations Development Programme (UNDP). However, Nepal has slipped 19 steps down in the international rankings, shows this year's report. Human Development Report . This year's Human Development Report titled, Equity and Sustainability:</p> <p> A Better Future for All places Nepal 157th out of 187 countries. Nepal was ranked 138th out of 169 countries in 2010, which was five slots higher than in 2005. HDI is calculated as an average of the literacy rate, life expectancy and per capita income of the respective country. An improvement in any of these indicators helps improve the HDI. The report in 2010 had listed Nepal among the 10 countries that made most significant progress in HDI because of improvement in health and education.</p> <p> Development progress in the world's poorest countries could be halted or even reversed by mid-century unless bold steps are taken now to slow climate change, prevent further environmental damage, and reduce deep inequalities within and among nations, reads the report. The report says that environment can only be saved if the growing energy demand can be managed and with improvement in ecology, education, health, income, and gender equality. Norway, Australia and the Netherlands lead the world in the 2011 HDI while Democratic Republic of Congo, Niger and Burundi are at the bottom of the list. Similarly, China stands at 101 and India in 134th position. China and India were ranked 89 and 119 respectively in 2010. ï</p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '2012-10-31', 'keywords' => '', 'description' => 'Nepal's Human Development Index (HDI) has increased', 'sortorder' => '446', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '541', 'article_category_id' => '34', 'title' => 'BOS Launches SAP UAcademy Programme', 'sub_title' => '', 'summary' => null, 'content' => '<p> Leveraging on the success of its SAP e-Academy programme, Blue Ocean Systems (BOS) has now launched an SAP uAcademy programme. BOS, the only authorised SAP software product training centre in Nepal, has been providing SAP training for the last three years under a programme called SAP e-Academy. SAP uAcademy programme has been designed to benefit college students in their undergraduate and graduate levels. BOS is offering the courses ranging from Euro 150 to Euro 1200 – 50 per cent less cost than its normal SAP e-Academy course fees – making it the most affordable SAP training courses available in the country. ï® </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Blue Ocean Systems (BOS) has now launched an SAP uAcademy programme.', 'sortorder' => '445', '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' => '540', 'article_category_id' => '34', 'title' => 'Civil Mall Mala Maal Festival 2011', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img align="textTop" alt="Civil Mall Mala Maal Festival 2011" border="3" height="217" hspace="3" src="http://newbusinessage.com/ckfinder/userfiles/Images/car(2).jpg" vspace="3" width="300" /></p> <p> <strong>Tata Vista Winner Karuna Kharel (left) receiving car keys</strong></p> <p> Civil Mall announced the winners of ‘Tata Vista – Civil Mall Dashain Tihar Mala Maal Festival 2011’ amidst a prize distribution programme held recently. While Karuna Kharel won a brand new Tata Vista Car as bumper prize, Dinesh Thapa won the ‘Trip to Dubai’ for two individuals. Besides Tata Vista and Fly Dubai, other sponsors of the programme included Samsung, Pepsi, LG, Emirates and IFB.</p> <p> Civil Mall had the offer on from 2nd September to 26th October 2011 that straddled Dashain and Tihar festivals. Nishant Shrestha, Head – Marketing and Communications of Civil Mall said, “The event generated an approximate traffic of over 50,000 shoppers. More than 17,000 people participated in the programme of which 76 turned out to be lucky winners.†ï®</p>', 'published' => true, 'created' => '2012-02-21', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Civil Mall announced the winners of ‘Tata Vista – Civil Mall Dashain Tihar Mala Maal Festival 2011', 'sortorder' => '444', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 14 => array( 'Article' => array( 'id' => '539', 'article_category_id' => '34', 'title' => 'Guidelines For Hotels And Restaurants', 'sub_title' => '', 'summary' => null, 'content' => '<p> The Consumer Protection Council (CPC) has endorsed a set of guidelines on monitoring of hotels, lodges, restaurants and other public resthouses as well as readymade food joints. This decision was made on November 6 by a meeting of the Council headed by Lekh Raj Bhatta, Minister for Commerce and Supplies.</p> <p> According to the directive, the eateries are required to display the price list at a publicly visible location inside the shop and to maintain standard sanitation on the kitchen, eating area and the toilet. According to the directive, the monitoring officials after inspection will issue card of different colours to the hotels and restaurants. The colours will represent the level of standards maintained. –Accordingly, the green will be for 80 per cent and above of the standard, blue for less than 80 per cent and yellow for less than 40 per cent.</p> <p> Businesses that run without license will be slapped up to five years of imprisonment or fined Rs 100,000. If a consumers faces long term health problems from consumption of unhealthy food in a restaqurant, such service providers will be sent for 15 years of imprisonment or fined Rs 500,000 or both. ï® </p>', 'published' => true, 'created' => '2012-02-21', 'modified' => '0000-00-00', 'keywords' => '', 'description' => '', 'sortorder' => '443', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '554', 'article_category_id' => '34', 'title' => '50 Projects For Investment Year', 'sub_title' => '', 'summary' => null, 'content' => '<p> Targeting the investment year 2012/13, Federation of Nepalese Chambers of Commerce and Industry (FNCCI) is planning to bring medium-term economic development strategy with 50 new projects. </p> <p> The strategy is expected to attract large investors in the country during the investment year. According to Hemant Dawadi, Director General of FNCCI, the federation is preparing profiles of the projects. This is the first time that FNCCI is preparing such an extensive strategy paper for large projects. Dawadi said that the projects will be mainly in hydropower, tourism, education, health, agriculture, infrastructure development, cement and consumer goods.</p> <p> Such profiles will include the investment opportunities in the respective field, the government policy for the same as well as the constraints in the realisation of the opportunities. According to Dawadi, once the projects are developed, investors will be searched in China, India, America and European countries by mobilising support from the business chambers in the respective countries. FNCCI says it has plan to set up an information centre with its own investment within three years. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Targeting the investment year 2012/13, Federation of Nepalese Chambers of Commerce and Industry (FNCCI) is planning to bring medium-term economic development strategy with 50 new projects.', 'sortorder' => '457', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '553', 'article_category_id' => '34', 'title' => 'Yamaha YBR Mileage Challenge', 'sub_title' => '', 'summary' => null, 'content' => '<p> Aiming to make customers more aware about Yamaha YBR bikes and their respective mileages, MAW Enterprises, the authorised distributor of Yamaha for Nepal, organised Yamaha YBR Mileage Challenge in Janakpur.</p> <p> <img align="right" alt="" border="5" height="167" hspace="4" src="http://newbusinessage.com/ckfinder/userfiles/Images/yahama.jpg" vspace="4" width="300" /></p> <p> A total of 45 owners of YBR motorbikes participated in the event. Khusi Lal Thakuri won in the YBR 110 category with a mileage of 85 km per litre. Ratneshwor Yadav with 84 km per litre was the first runner-up. Similarly, Radheshyam Rajak won in the YBR 125 category with a mileage of 79 km per litre while Bijay Kumar Thakur was the runner up. Winners were declared on the basis of distance covered by the bikes in a minute. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Aiming to make customers more aware about Yamaha YBR bikes and their respective mileages', 'sortorder' => '456', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '552', 'article_category_id' => '34', 'title' => 'Solar Electrification In Bhojpur Village', 'sub_title' => '', 'summary' => null, 'content' => '<p> Helaucha village in Bhojpur district has started getting electricity using Solar Photo Voltaic Technology (SPVT), a modern and environmentally clean source of electricity. The project was funded and implemented with assistance from the Government of India. Under the scheme, 155 houses have benefited. Each household has received a solar panel, maintenance free battery and home lighting system of 75 watts. The project cost Rs 7.39 million. Colonel Ajay Pasbola, Defence Attache with the Embassy of India in Nepal, formally inaugurated and handed over the project to Users Committee on 16 November. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Helaucha village in Bhojpur district has started getting electricity using Solar Photo Voltaic Technology (SPVT)', 'sortorder' => '455', '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' => '551', 'article_category_id' => '34', 'title' => 'NEPSE Begins Block Trading', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal Stock Exchange (NEPSE) has started a special system for block trading from November 15. Trading of more than one per cent of the listed shares of a company is defined as ‘block trading’, according to NEPSE. For such trading, NEPSE has introduced a separate window in its automated trading system. The first deal recorded in NEPSE under the new system was the sale of 1,020,144 units of shares in Hotel Soaltee Limited by India’s hospitality industry major Oberoi Hotels to Nepal’s investment company Shivcream Land and Industries Company.</p> <p> With this Oberoi has made final exit from Soaltee. With the new system, buyers and sellers of large quantity of shares of a company can negotiate the price outside the NEPSE and bring the deal to NEPSE for record purpose. Thus the parties to such deals can now pay the commission on the basis of the actual deal value. Earlier, as the deals were recorded by NEPSE on the current market price, the parties were forced to pay a high commission. </p> <p> NEPSE hopes, this new system will make it easier for the large shareholders, such as foreign direct investors to exit from a company. According to Nepse, the Soaltee deal was signed between the parties on September 14 and the price agreed was Rs. 140 per share. The Face value of Soaltee’s shares is Rs. 10 per unit. The latest trading price of Soaltee’s shares before November 15 was Rs. 186. With the exit of Oberoi, Soaltee now has Holiday Inn International as the only foreign shareholder. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'NEPSE has introduced a separate window in its automated trading system. The first deal recorded in NEPSE under the new system was the sale of 1,020,144 units of shares in Hotel Soaltee Limited', 'sortorder' => '454', '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' => '550', 'article_category_id' => '34', 'title' => 'NIBL Partners With Broadlink, Radius', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal Investment Bank Limited (NIBL) has tied up with Broadlink Network & Communication Pvt Ltd which will allow NIBL customers to purchase Broadlink’s PINs through NIBL eBanking and ATMs.<img align="left" alt="" border="1" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/brodlink.jpg" style="width: 133px; height: 122px;" vspace="2" />The facility will cover both Wi-Fi service (Broadlink Wi-Fi) and Internet based telephone service (Broadtel) provided by Broadlink.<img align="right" alt="" border="3" height="70" hspace="1" src="http://newbusinessage.com/ckfinder/userfiles/Images/investment.jpg" vspace="1" width="300" /></p> <p> Similarly, the bank also integrated with Radius Communications enabling purchase of calling cards through ATMs and eBanking. Radius Communications has been providing IP Telephony service for the past one year through which international calls can be made at very economical rates. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Nepal Investment Bank Limited (NIBL) has tied up with Broadlink Network & Communication Pvt Ltd', 'sortorder' => '453', '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' => '549', 'article_category_id' => '34', 'title' => 'Young Entrepreneurs Honoured', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img align="top" alt="" border="5" height="160" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/1st.jpg" vspace="2" width="300" /></p> <p> Samriddhi, The Prosperity Foundation honoured eight young entrepreneurs on the occasion of Global Entrepreneurship Week (GEW) on November 17. Biswas Dhakal of E-Sewa, Hajuri Bista of Nawaras Pickles, Hari Bhakta Sharma of Deurali Janta Pharmaceuticals and Bhola Sharma who established a library in Parbat were felicitated during the programme.</p> <p> Similarly, Maheshwor Shrestha of Everest Fashion, Nirajan Shrestha of Sujal Foods, Om Rajbhandari of Brihat Investments, and Shyam Kakshapati of Nanglo International were also honoured. Though GEW is celebrated for a week globally, in Nepal it was observed only for a day. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Samriddhi, The Prosperity Foundation honoured eight young entrepreneurs on the occasion of Global Entrepreneurship Week (GEW) on November 17', 'sortorder' => '452', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '548', 'article_category_id' => '34', 'title' => 'NMB, BPKIHS Tie Up', 'sub_title' => '', 'summary' => null, 'content' => '<p> NMB Bank Limited and BP Koirala Institute of Health Sciences (BPKIHS),Dharan have entered into an agreement under which the bank is to provide cash management service to the hospital.</p> <p> <img align="right" alt="" border="1" height="92" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/nmb.jpg" vspace="2" width="300" /></p> <p> With this agreement, the bank can open bill counters to collect revenues on behalf of the hospital and facilitate a system to effectively manage the fund. The bank will also establish a separate banking counter to provide various banking services to the hospital’s staff, doctors, and medical students. ï® </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'NMB Bank Limited and BP Koirala Institute of Health Sciences (BPKIHS),Dharan have entered into an agreement under which the bank is to provide cash management service to the hospital', 'sortorder' => '451', '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' => '547', 'article_category_id' => '34', 'title' => 'Five-Year AML Strategy', 'sub_title' => '', 'summary' => null, 'content' => '<p> The government has come up with a five-year strategy to fight money laundering and terroristfinancing. According to this Anti-Money Laundering (AML) strategy, legal provisions are being amended to allow the government authority to seize black money. It has also incorporated institutional and policy reforms detailing the activities and responsibilities of different government bodies.</p> <p> This follows increasing pressure from the international community to make such law. Latest such pressure came a couple of weeks back from the meeting, of Financial Action Task Force (FATF) held in France. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'The government has come up with a five-year strategy', 'sortorder' => '450', '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' => '546', 'article_category_id' => '34', 'title' => 'Six Financial Institutions Approved For Merger', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal Rastra Bank (NRB) has given a go ahead sign to six banks and finance companies willing to merge. Board meeting of NRB held on November 10 decided to approve the merger proposals received from financial institutions, according to Bhaskar Mani Gyawali, Spokesperson at NRB. He informed that the central bank has provided letter of intent to merger proposal of Pashupati Development Bank and Lord Buddha Finance, Business Development Bank and Universal Finance, Annapurna Development Bank and Suryadarshan Finance. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Nepal Rastra Bank (NRB) has given a go ahead sign to six banks and finance companies willing to merge', 'sortorder' => '449', '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' => '545', 'article_category_id' => '34', 'title' => 'Laxmi Steels Gets NS Certification', 'sub_title' => '', 'summary' => null, 'content' => '<p> Laxmi Steels Pvt Ltd, a subsidiary company of Saurabh Group, has been recently certified with NS certificate (NS 191) from the Government of Nepal. Within a short span of establishment, it has proved to be among the most reliable brands in the Nepali market, says the company</p> <p> .<img align="middle" alt="" border="5" height="64" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/invest.jpg" vspace="2" width="300" /></p> <p> Guaranteed best quality steels, excellent services, easy availability, regularity in supply and quality consistency has earned consumers’ reliability towards the company and its products, it adds. ï® </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Laxmi Steels Pvt Ltd, a subsidiary company of Saurabh Group, has been recently certified with NS certificate', 'sortorder' => '448', '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' => '544', 'article_category_id' => '34', 'title' => 'Nepal Bank Capital To Reach Rs 4 Billion', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal Bank Limited is set to increase its paid up capital to Rs 4 billion. Nepal Rastra Bank (NRB) approved the banks’ proposal to increase the capital base. Deputy Governor of NRB, Maha Prasad Adhikari said that the central bank approved the banks’ proposal to increase capital by issuing rights share. The bank has proposed to issue nine rights shares against one existing share. Currently, the bank has Rs 383 million paid up capital. ï® </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Nepal Bank Limited is set to increase its paid up capital', 'sortorder' => '447', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '542', 'article_category_id' => '34', 'title' => 'Nepal's HDI Improves', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal's Human Development Index (HDI) has increased from 0.428 in 2010 to 0.458 in 2011, according to the latest report from the United Nations Development Programme (UNDP). However, Nepal has slipped 19 steps down in the international rankings, shows this year's report. Human Development Report . This year's Human Development Report titled, Equity and Sustainability:</p> <p> A Better Future for All places Nepal 157th out of 187 countries. Nepal was ranked 138th out of 169 countries in 2010, which was five slots higher than in 2005. HDI is calculated as an average of the literacy rate, life expectancy and per capita income of the respective country. An improvement in any of these indicators helps improve the HDI. The report in 2010 had listed Nepal among the 10 countries that made most significant progress in HDI because of improvement in health and education.</p> <p> Development progress in the world's poorest countries could be halted or even reversed by mid-century unless bold steps are taken now to slow climate change, prevent further environmental damage, and reduce deep inequalities within and among nations, reads the report. The report says that environment can only be saved if the growing energy demand can be managed and with improvement in ecology, education, health, income, and gender equality. Norway, Australia and the Netherlands lead the world in the 2011 HDI while Democratic Republic of Congo, Niger and Burundi are at the bottom of the list. Similarly, China stands at 101 and India in 134th position. China and India were ranked 89 and 119 respectively in 2010. ï</p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '2012-10-31', 'keywords' => '', 'description' => 'Nepal's Human Development Index (HDI) has increased', 'sortorder' => '446', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '541', 'article_category_id' => '34', 'title' => 'BOS Launches SAP UAcademy Programme', 'sub_title' => '', 'summary' => null, 'content' => '<p> Leveraging on the success of its SAP e-Academy programme, Blue Ocean Systems (BOS) has now launched an SAP uAcademy programme. BOS, the only authorised SAP software product training centre in Nepal, has been providing SAP training for the last three years under a programme called SAP e-Academy. SAP uAcademy programme has been designed to benefit college students in their undergraduate and graduate levels. BOS is offering the courses ranging from Euro 150 to Euro 1200 – 50 per cent less cost than its normal SAP e-Academy course fees – making it the most affordable SAP training courses available in the country. ï® </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Blue Ocean Systems (BOS) has now launched an SAP uAcademy programme.', 'sortorder' => '445', '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' => '540', 'article_category_id' => '34', 'title' => 'Civil Mall Mala Maal Festival 2011', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img align="textTop" alt="Civil Mall Mala Maal Festival 2011" border="3" height="217" hspace="3" src="http://newbusinessage.com/ckfinder/userfiles/Images/car(2).jpg" vspace="3" width="300" /></p> <p> <strong>Tata Vista Winner Karuna Kharel (left) receiving car keys</strong></p> <p> Civil Mall announced the winners of ‘Tata Vista – Civil Mall Dashain Tihar Mala Maal Festival 2011’ amidst a prize distribution programme held recently. While Karuna Kharel won a brand new Tata Vista Car as bumper prize, Dinesh Thapa won the ‘Trip to Dubai’ for two individuals. Besides Tata Vista and Fly Dubai, other sponsors of the programme included Samsung, Pepsi, LG, Emirates and IFB.</p> <p> Civil Mall had the offer on from 2nd September to 26th October 2011 that straddled Dashain and Tihar festivals. Nishant Shrestha, Head – Marketing and Communications of Civil Mall said, “The event generated an approximate traffic of over 50,000 shoppers. More than 17,000 people participated in the programme of which 76 turned out to be lucky winners.†ï®</p>', 'published' => true, 'created' => '2012-02-21', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Civil Mall announced the winners of ‘Tata Vista – Civil Mall Dashain Tihar Mala Maal Festival 2011', 'sortorder' => '444', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 14 => array( 'Article' => array( 'id' => '539', 'article_category_id' => '34', 'title' => 'Guidelines For Hotels And Restaurants', 'sub_title' => '', 'summary' => null, 'content' => '<p> The Consumer Protection Council (CPC) has endorsed a set of guidelines on monitoring of hotels, lodges, restaurants and other public resthouses as well as readymade food joints. This decision was made on November 6 by a meeting of the Council headed by Lekh Raj Bhatta, Minister for Commerce and Supplies.</p> <p> According to the directive, the eateries are required to display the price list at a publicly visible location inside the shop and to maintain standard sanitation on the kitchen, eating area and the toilet. According to the directive, the monitoring officials after inspection will issue card of different colours to the hotels and restaurants. The colours will represent the level of standards maintained. –Accordingly, the green will be for 80 per cent and above of the standard, blue for less than 80 per cent and yellow for less than 40 per cent.</p> <p> Businesses that run without license will be slapped up to five years of imprisonment or fined Rs 100,000. If a consumers faces long term health problems from consumption of unhealthy food in a restaqurant, such service providers will be sent for 15 years of imprisonment or fined Rs 500,000 or both. ï® </p>', 'published' => true, 'created' => '2012-02-21', 'modified' => '0000-00-00', 'keywords' => '', 'description' => '', 'sortorder' => '443', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '554', 'article_category_id' => '34', 'title' => '50 Projects For Investment Year', 'sub_title' => '', 'summary' => null, 'content' => '<p> Targeting the investment year 2012/13, Federation of Nepalese Chambers of Commerce and Industry (FNCCI) is planning to bring medium-term economic development strategy with 50 new projects. </p> <p> The strategy is expected to attract large investors in the country during the investment year. According to Hemant Dawadi, Director General of FNCCI, the federation is preparing profiles of the projects. This is the first time that FNCCI is preparing such an extensive strategy paper for large projects. Dawadi said that the projects will be mainly in hydropower, tourism, education, health, agriculture, infrastructure development, cement and consumer goods.</p> <p> Such profiles will include the investment opportunities in the respective field, the government policy for the same as well as the constraints in the realisation of the opportunities. According to Dawadi, once the projects are developed, investors will be searched in China, India, America and European countries by mobilising support from the business chambers in the respective countries. FNCCI says it has plan to set up an information centre with its own investment within three years. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Targeting the investment year 2012/13, Federation of Nepalese Chambers of Commerce and Industry (FNCCI) is planning to bring medium-term economic development strategy with 50 new projects.', 'sortorder' => '457', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '553', 'article_category_id' => '34', 'title' => 'Yamaha YBR Mileage Challenge', 'sub_title' => '', 'summary' => null, 'content' => '<p> Aiming to make customers more aware about Yamaha YBR bikes and their respective mileages, MAW Enterprises, the authorised distributor of Yamaha for Nepal, organised Yamaha YBR Mileage Challenge in Janakpur.</p> <p> <img align="right" alt="" border="5" height="167" hspace="4" src="http://newbusinessage.com/ckfinder/userfiles/Images/yahama.jpg" vspace="4" width="300" /></p> <p> A total of 45 owners of YBR motorbikes participated in the event. Khusi Lal Thakuri won in the YBR 110 category with a mileage of 85 km per litre. Ratneshwor Yadav with 84 km per litre was the first runner-up. Similarly, Radheshyam Rajak won in the YBR 125 category with a mileage of 79 km per litre while Bijay Kumar Thakur was the runner up. Winners were declared on the basis of distance covered by the bikes in a minute. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Aiming to make customers more aware about Yamaha YBR bikes and their respective mileages', 'sortorder' => '456', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '552', 'article_category_id' => '34', 'title' => 'Solar Electrification In Bhojpur Village', 'sub_title' => '', 'summary' => null, 'content' => '<p> Helaucha village in Bhojpur district has started getting electricity using Solar Photo Voltaic Technology (SPVT), a modern and environmentally clean source of electricity. The project was funded and implemented with assistance from the Government of India. Under the scheme, 155 houses have benefited. Each household has received a solar panel, maintenance free battery and home lighting system of 75 watts. The project cost Rs 7.39 million. Colonel Ajay Pasbola, Defence Attache with the Embassy of India in Nepal, formally inaugurated and handed over the project to Users Committee on 16 November. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Helaucha village in Bhojpur district has started getting electricity using Solar Photo Voltaic Technology (SPVT)', 'sortorder' => '455', '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' => '551', 'article_category_id' => '34', 'title' => 'NEPSE Begins Block Trading', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal Stock Exchange (NEPSE) has started a special system for block trading from November 15. Trading of more than one per cent of the listed shares of a company is defined as ‘block trading’, according to NEPSE. For such trading, NEPSE has introduced a separate window in its automated trading system. The first deal recorded in NEPSE under the new system was the sale of 1,020,144 units of shares in Hotel Soaltee Limited by India’s hospitality industry major Oberoi Hotels to Nepal’s investment company Shivcream Land and Industries Company.</p> <p> With this Oberoi has made final exit from Soaltee. With the new system, buyers and sellers of large quantity of shares of a company can negotiate the price outside the NEPSE and bring the deal to NEPSE for record purpose. Thus the parties to such deals can now pay the commission on the basis of the actual deal value. Earlier, as the deals were recorded by NEPSE on the current market price, the parties were forced to pay a high commission. </p> <p> NEPSE hopes, this new system will make it easier for the large shareholders, such as foreign direct investors to exit from a company. According to Nepse, the Soaltee deal was signed between the parties on September 14 and the price agreed was Rs. 140 per share. The Face value of Soaltee’s shares is Rs. 10 per unit. The latest trading price of Soaltee’s shares before November 15 was Rs. 186. With the exit of Oberoi, Soaltee now has Holiday Inn International as the only foreign shareholder. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'NEPSE has introduced a separate window in its automated trading system. The first deal recorded in NEPSE under the new system was the sale of 1,020,144 units of shares in Hotel Soaltee Limited', 'sortorder' => '454', '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' => '550', 'article_category_id' => '34', 'title' => 'NIBL Partners With Broadlink, Radius', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal Investment Bank Limited (NIBL) has tied up with Broadlink Network & Communication Pvt Ltd which will allow NIBL customers to purchase Broadlink’s PINs through NIBL eBanking and ATMs.<img align="left" alt="" border="1" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/brodlink.jpg" style="width: 133px; height: 122px;" vspace="2" />The facility will cover both Wi-Fi service (Broadlink Wi-Fi) and Internet based telephone service (Broadtel) provided by Broadlink.<img align="right" alt="" border="3" height="70" hspace="1" src="http://newbusinessage.com/ckfinder/userfiles/Images/investment.jpg" vspace="1" width="300" /></p> <p> Similarly, the bank also integrated with Radius Communications enabling purchase of calling cards through ATMs and eBanking. Radius Communications has been providing IP Telephony service for the past one year through which international calls can be made at very economical rates. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Nepal Investment Bank Limited (NIBL) has tied up with Broadlink Network & Communication Pvt Ltd', 'sortorder' => '453', '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' => '549', 'article_category_id' => '34', 'title' => 'Young Entrepreneurs Honoured', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img align="top" alt="" border="5" height="160" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/1st.jpg" vspace="2" width="300" /></p> <p> Samriddhi, The Prosperity Foundation honoured eight young entrepreneurs on the occasion of Global Entrepreneurship Week (GEW) on November 17. Biswas Dhakal of E-Sewa, Hajuri Bista of Nawaras Pickles, Hari Bhakta Sharma of Deurali Janta Pharmaceuticals and Bhola Sharma who established a library in Parbat were felicitated during the programme.</p> <p> Similarly, Maheshwor Shrestha of Everest Fashion, Nirajan Shrestha of Sujal Foods, Om Rajbhandari of Brihat Investments, and Shyam Kakshapati of Nanglo International were also honoured. Though GEW is celebrated for a week globally, in Nepal it was observed only for a day. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Samriddhi, The Prosperity Foundation honoured eight young entrepreneurs on the occasion of Global Entrepreneurship Week (GEW) on November 17', 'sortorder' => '452', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 6 => array( 'Article' => array( 'id' => '548', 'article_category_id' => '34', 'title' => 'NMB, BPKIHS Tie Up', 'sub_title' => '', 'summary' => null, 'content' => '<p> NMB Bank Limited and BP Koirala Institute of Health Sciences (BPKIHS),Dharan have entered into an agreement under which the bank is to provide cash management service to the hospital.</p> <p> <img align="right" alt="" border="1" height="92" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/nmb.jpg" vspace="2" width="300" /></p> <p> With this agreement, the bank can open bill counters to collect revenues on behalf of the hospital and facilitate a system to effectively manage the fund. The bank will also establish a separate banking counter to provide various banking services to the hospital’s staff, doctors, and medical students. ï® </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'NMB Bank Limited and BP Koirala Institute of Health Sciences (BPKIHS),Dharan have entered into an agreement under which the bank is to provide cash management service to the hospital', 'sortorder' => '451', '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' => '547', 'article_category_id' => '34', 'title' => 'Five-Year AML Strategy', 'sub_title' => '', 'summary' => null, 'content' => '<p> The government has come up with a five-year strategy to fight money laundering and terroristfinancing. According to this Anti-Money Laundering (AML) strategy, legal provisions are being amended to allow the government authority to seize black money. It has also incorporated institutional and policy reforms detailing the activities and responsibilities of different government bodies.</p> <p> This follows increasing pressure from the international community to make such law. Latest such pressure came a couple of weeks back from the meeting, of Financial Action Task Force (FATF) held in France. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'The government has come up with a five-year strategy', 'sortorder' => '450', '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' => '546', 'article_category_id' => '34', 'title' => 'Six Financial Institutions Approved For Merger', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal Rastra Bank (NRB) has given a go ahead sign to six banks and finance companies willing to merge. Board meeting of NRB held on November 10 decided to approve the merger proposals received from financial institutions, according to Bhaskar Mani Gyawali, Spokesperson at NRB. He informed that the central bank has provided letter of intent to merger proposal of Pashupati Development Bank and Lord Buddha Finance, Business Development Bank and Universal Finance, Annapurna Development Bank and Suryadarshan Finance. </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Nepal Rastra Bank (NRB) has given a go ahead sign to six banks and finance companies willing to merge', 'sortorder' => '449', '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' => '545', 'article_category_id' => '34', 'title' => 'Laxmi Steels Gets NS Certification', 'sub_title' => '', 'summary' => null, 'content' => '<p> Laxmi Steels Pvt Ltd, a subsidiary company of Saurabh Group, has been recently certified with NS certificate (NS 191) from the Government of Nepal. Within a short span of establishment, it has proved to be among the most reliable brands in the Nepali market, says the company</p> <p> .<img align="middle" alt="" border="5" height="64" hspace="2" src="http://newbusinessage.com/ckfinder/userfiles/Images/invest.jpg" vspace="2" width="300" /></p> <p> Guaranteed best quality steels, excellent services, easy availability, regularity in supply and quality consistency has earned consumers’ reliability towards the company and its products, it adds. ï® </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Laxmi Steels Pvt Ltd, a subsidiary company of Saurabh Group, has been recently certified with NS certificate', 'sortorder' => '448', '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' => '544', 'article_category_id' => '34', 'title' => 'Nepal Bank Capital To Reach Rs 4 Billion', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal Bank Limited is set to increase its paid up capital to Rs 4 billion. Nepal Rastra Bank (NRB) approved the banks’ proposal to increase the capital base. Deputy Governor of NRB, Maha Prasad Adhikari said that the central bank approved the banks’ proposal to increase capital by issuing rights share. The bank has proposed to issue nine rights shares against one existing share. Currently, the bank has Rs 383 million paid up capital. ï® </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Nepal Bank Limited is set to increase its paid up capital', 'sortorder' => '447', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 11 => array( 'Article' => array( 'id' => '542', 'article_category_id' => '34', 'title' => 'Nepal's HDI Improves', 'sub_title' => '', 'summary' => null, 'content' => '<p> Nepal's Human Development Index (HDI) has increased from 0.428 in 2010 to 0.458 in 2011, according to the latest report from the United Nations Development Programme (UNDP). However, Nepal has slipped 19 steps down in the international rankings, shows this year's report. Human Development Report . This year's Human Development Report titled, Equity and Sustainability:</p> <p> A Better Future for All places Nepal 157th out of 187 countries. Nepal was ranked 138th out of 169 countries in 2010, which was five slots higher than in 2005. HDI is calculated as an average of the literacy rate, life expectancy and per capita income of the respective country. An improvement in any of these indicators helps improve the HDI. The report in 2010 had listed Nepal among the 10 countries that made most significant progress in HDI because of improvement in health and education.</p> <p> Development progress in the world's poorest countries could be halted or even reversed by mid-century unless bold steps are taken now to slow climate change, prevent further environmental damage, and reduce deep inequalities within and among nations, reads the report. The report says that environment can only be saved if the growing energy demand can be managed and with improvement in ecology, education, health, income, and gender equality. Norway, Australia and the Netherlands lead the world in the 2011 HDI while Democratic Republic of Congo, Niger and Burundi are at the bottom of the list. Similarly, China stands at 101 and India in 134th position. China and India were ranked 89 and 119 respectively in 2010. ï</p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '2012-10-31', 'keywords' => '', 'description' => 'Nepal's Human Development Index (HDI) has increased', 'sortorder' => '446', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 12 => array( 'Article' => array( 'id' => '541', 'article_category_id' => '34', 'title' => 'BOS Launches SAP UAcademy Programme', 'sub_title' => '', 'summary' => null, 'content' => '<p> Leveraging on the success of its SAP e-Academy programme, Blue Ocean Systems (BOS) has now launched an SAP uAcademy programme. BOS, the only authorised SAP software product training centre in Nepal, has been providing SAP training for the last three years under a programme called SAP e-Academy. SAP uAcademy programme has been designed to benefit college students in their undergraduate and graduate levels. BOS is offering the courses ranging from Euro 150 to Euro 1200 – 50 per cent less cost than its normal SAP e-Academy course fees – making it the most affordable SAP training courses available in the country. ï® </p>', 'published' => true, 'created' => '2012-02-22', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Blue Ocean Systems (BOS) has now launched an SAP uAcademy programme.', 'sortorder' => '445', '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' => '540', 'article_category_id' => '34', 'title' => 'Civil Mall Mala Maal Festival 2011', 'sub_title' => '', 'summary' => null, 'content' => '<p> <img align="textTop" alt="Civil Mall Mala Maal Festival 2011" border="3" height="217" hspace="3" src="http://newbusinessage.com/ckfinder/userfiles/Images/car(2).jpg" vspace="3" width="300" /></p> <p> <strong>Tata Vista Winner Karuna Kharel (left) receiving car keys</strong></p> <p> Civil Mall announced the winners of ‘Tata Vista – Civil Mall Dashain Tihar Mala Maal Festival 2011’ amidst a prize distribution programme held recently. While Karuna Kharel won a brand new Tata Vista Car as bumper prize, Dinesh Thapa won the ‘Trip to Dubai’ for two individuals. Besides Tata Vista and Fly Dubai, other sponsors of the programme included Samsung, Pepsi, LG, Emirates and IFB.</p> <p> Civil Mall had the offer on from 2nd September to 26th October 2011 that straddled Dashain and Tihar festivals. Nishant Shrestha, Head – Marketing and Communications of Civil Mall said, “The event generated an approximate traffic of over 50,000 shoppers. More than 17,000 people participated in the programme of which 76 turned out to be lucky winners.†ï®</p>', 'published' => true, 'created' => '2012-02-21', 'modified' => '0000-00-00', 'keywords' => '', 'description' => 'Civil Mall announced the winners of ‘Tata Vista – Civil Mall Dashain Tihar Mala Maal Festival 2011', 'sortorder' => '444', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 14 => array( 'Article' => array( 'id' => '539', 'article_category_id' => '34', 'title' => 'Guidelines For Hotels And Restaurants', 'sub_title' => '', 'summary' => null, 'content' => '<p> The Consumer Protection Council (CPC) has endorsed a set of guidelines on monitoring of hotels, lodges, restaurants and other public resthouses as well as readymade food joints. This decision was made on November 6 by a meeting of the Council headed by Lekh Raj Bhatta, Minister for Commerce and Supplies.</p> <p> According to the directive, the eateries are required to display the price list at a publicly visible location inside the shop and to maintain standard sanitation on the kitchen, eating area and the toilet. According to the directive, the monitoring officials after inspection will issue card of different colours to the hotels and restaurants. The colours will represent the level of standards maintained. –Accordingly, the green will be for 80 per cent and above of the standard, blue for less than 80 per cent and yellow for less than 40 per cent.</p> <p> Businesses that run without license will be slapped up to five years of imprisonment or fined Rs 100,000. If a consumers faces long term health problems from consumption of unhealthy food in a restaqurant, such service providers will be sent for 15 years of imprisonment or fined Rs 500,000 or both. ï® </p>', 'published' => true, 'created' => '2012-02-21', 'modified' => '0000-00-00', 'keywords' => '', 'description' => '', 'sortorder' => '443', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Currency | Unit |
Buy | Sell |
U.S. Dollar | 1 | 121.23 | 121.83 |
European Euro | 1 | 131.65 | 132.31 |
UK Pound Sterling | 1 | 142.47 | 143.18 |
Swiss Franc | 1 | 124.29 | 124.90 |
Australian Dollar | 1 | 71.69 | 72.05 |
Canadian Dollar | 1 | 83.90 | 84.32 |
Japanese Yen | 10 | 10.94 | 11.00 |
Chinese Yuan | 1 | 17.17 | 17.26 |
Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
UAE Dirham | 1 | 33.01 | 33.17 |
Malaysian Ringgit | 1 | 27.36 | 27.50 |
South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
Fine Gold | 1 tola | 77000.00 |
Tejabi Gold | 1 tola | 76700.00 |
Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
Petrol | 1 Liter | 106.00 |
Diesel | 1 Liter | 95.00 |
Kerosene | 1 Liter | 95.00 |
LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25