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			'id' => '13396',
			'article_category_id' => '1',
			'title' => 'Social Security Fund providing Covid-19 treatment cost to its contributors ',
			'sub_title' => ' SSF bearing up to Rs 80,000 out of total treatment expenses of Rs 100,000 ',
			'summary' => 'Social Security Fund (SSF) is providing treatment cost for Covid-19 to its contributors.',
			'content' => '<p>May 15:&nbsp;Social Security Fund (SSF) is providing treatment cost for Covid-19 to its contributors. According to the SSF, it will bear treatment cost to its contributors if they are infected with coronavirus.&nbsp;</p>

<p>Kapilmani Gyawali, Executive Director of the SSF, said that the Fund will provide treatment cost to its contributors for Covid-19 under its medical treatment, health and maternity protection scheme.&nbsp;However, the limit for the compensation will be Rs 80,000 out of total treatment cost of Rs 100,000, according to SSF&rsquo;s executive director Gyawali. He said that the contributor should bear 20 percent of the total treatment expenses.</p>

<p>&quot;With the onset of the second wave of the pandemic, some contributors who were infected with coronavirus have already started claiming the compensation. We will&nbsp;gradually settle the claims&quot;, said Gyawali.&nbsp;</p>

<p>Though the facility of direct discount of 80 percent of the total treatment cost up to the limit of Rs 100,000 is yet to be implemented, contributors should come to SSF to claim the compensation, according to Gyawali. &nbsp;He also said that the SSF is preparing to implement the facility of direct discount from the hospital from mid July. It has already signed agreement with 105 hospitals to provide such facility for the SSF contributors.&nbsp;</p>

<p>The SSF has not halted the settlement of claims even during the pandemic, he said. According to the SSF, it has provided Rs 32 million in compensation to 1,567 contributors for 2,524 claims under its medical treatment, health and maternity protection scheme.&nbsp;</p>

<p>Meanwhile, there has not been any decline in the number of employers and contributors signing up for the SSF even during Covid-19. According to the SSF&rsquo;s data, 13,845 employers have registered with the SSF as of Wednesday to list a total of 202,353 employees in the Fund.</p>

<p>The contributory-based SSF was launched in November 2018 to bring private and non-governmental sector workers under the social security net. Under the SSF scheme which has been made compulsory for private sector, 31 percent of a listed contributor&rsquo;s basic salary&mdash;11 percent of employees&rsquo;s salary along&nbsp;with 20 percent contribution from the employer&mdash;is deposited in the SSF every month. Such contributors are entitled to get benefits from medical treatment, health protection and maternity plan, accidents and disability plan, dependent family plan and old-age security plan of the SSF.&nbsp;<br />
&nbsp;</p>
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			'sortorder' => '13141',
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			'article_date' => '2021-05-15 14:40:08',
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			'id' => '13395',
			'article_category_id' => '1',
			'title' => 'Budget will focus on combating Covid-19, says Finance Minister Paudel ',
			'sub_title' => 'Finance Minister Paudel approves Rs 58.32 million to three hospitals for the installment of oxygen plant and pipeline as the first decision after reappointment to the post ',
			'summary' => 'Minister for Finance Bishnu Prasad Paudel has said that the government is preparing to introduce a budget for the upcoming fiscal year 2021/22 that focuses on combating the Covid-19. ',
			'content' => '<p>May 15:&nbsp; Minister for Finance Bishnu Prasad Paudel has said that the government is preparing to introduce a budget for the upcoming fiscal year 2021/22 that focuses on combating the Covid-19.&nbsp;</p>

<p>Assuming the office on Friday after getting reappointed as Finance Minister, he said that the government would mobilize all available resources to address the crisis caused by the pandemic.&nbsp;<br />
He said that the preparation of the budget for the upcoming fiscal year has reached the final stage.&nbsp;</p>

<p>The budget would address the current health crisis as well as revive the economy hit by the pandemic, Finance Minister Paudel said.&nbsp;He also expressed his commitment to ensure resources to ramp up Covid-19 tests and provide treatment to all patients.&nbsp;</p>

<p>Finance Minister Paudel will table the budget in the federal parliament on May 29 as per a provision in the constitution. &nbsp;</p>

<p>Meanwhile, Finance Minister Paudel approved a decision to release Rs 58.32 million to Dadeldhura Hospital, Patan Academy of Health Sciences and Bheri Hospital for the installment of oxygen plant and pipeline, according to a statement issued by the MoF.&nbsp;</p>

<p>Prime Minister KP Sharma Oli, after getting reappointed on Thursday as the leader of the largest political party in the House of Representatives, had expanded his cabinet on Friday after taking oath of office from President Bidya Devi Bhandari.&nbsp;He had reappointed 22 ministers and three state ministers including Paudel and assigned them the same portfolio that they had held in the previous cabinet. &nbsp;</p>
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			'sortorder' => '13140',
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		'Article' => array(
			'id' => '13393',
			'article_category_id' => '1',
			'title' => 'NEA to follow its previous decision to collect dues of dedicated feeder, trunk line from industries',
			'sub_title' => '',
			'summary' => 'Nepal Electricity Authority (NEA) has decided to implement its previous decision on recovering outstanding dues from industries for using electricity from dedicated feeders and trunkline lines,',
			'content' => '<p>May 14:&nbsp;Nepal Electricity Authority (NEA) has decided to implement its previous decision on recovering outstanding dues from industries for using electricity through&nbsp;dedicated feeders and trunk&nbsp;lines, ignoring an instruction issued by the Parliamentary Accounts Committee (PAC).&nbsp;<br />
A meeting of NEA&#39;s board of directors held recently decided to collect the outstanding dues as per its earlier decision.</p>

<p>In the month of February, NEA had decided to collect electricity dues from the industrialists by mid-July. It had warned industrialists of slapping a penalty if they fail to settle it by mid July.</p>

<p>However, on April 4, PAC directed the Nepal Electricity Authority (NEA) through the Ministry of Energy to collect the outstanding electricity dues from the industrialists within a month.</p>

<p>Ignoring the PAC directive, NEA now wants to collect&nbsp;the tariffs as per its earlier decision, citing the impact of pandemic on businesses and industries. NEA has also sent a letter to the PAC seeking another favorable instruction from the parliamentary committee considering the adverse impacts of current pandemic and subsequent prohibitory orders imposed by local administrations.&nbsp;</p>

<p>Rameshwor Poudel, an ex-officio member in the NEA board, said that the board meeting decided to implement its previous decision related to the settlement of outstanding dues from industrialists for using electricity from trunkline and dedicated feeders due to the pandemic.&nbsp;</p>

<p>&quot;The PAC had asked to collect the dues within a month. We had to comply&nbsp;with the parliamentary committee&rsquo;s instruction. But, recent prohibitory orders imposed to control the second wave of coronavirus have hit industries,&rdquo; said Poudel. &nbsp;&ldquo;In such a case, the implementation of the PAC directive was going to become difficult. So, we were compelled to act according to the previous decision made by the board,&quot; he said.&nbsp;</p>

<p>Poudel said NEA will act in a way that will not further affect the industries which have already been hit hard by the pandemic. &ldquo;But, if the PAC again issues us a directive to collect the dues within a month (mid June), we will act accordingly,&rdquo; he added.&nbsp;</p>

<p><br />
There is a long dispute between industrialists and the NEA over the settlement of dues for using electricity from dedicated feeders and trunk lines. &nbsp;</p>

<p>Earlier on July 21, the PAC had formed a sub-committee led by lawmaker Minendra Rijal to look into the issue of dedicated electricity tariff. Based on the report, the PAC, on April 4, instructed the government to collect all dues within a month. There was a total of Rs 10.14 billion outstanding dues that industrialists owe to the NEA.&nbsp;<br />
NEA had supplied electricity to industries through dedicated feeder and trunk lines by charging a premium of 65 percent in the electricity tariffs. The NEA, which did not have authority to fix tariff, had got approval of its tariff rates from the then Electricity Tariff Fixation Commission in February 2016.&nbsp;<br />
Industrialists are at odds with the NEA over the tariffs that NEA has fixed prior to the approval from the Commission. &nbsp;&nbsp;</p>

<p>Some industrialists even claim that the NEA has&nbsp;billed them&nbsp;for the electricity that their industries&nbsp;did not use during the load shedding.<br />
&nbsp;</p>
',
			'published' => true,
			'created' => '2021-05-14',
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			'sortorder' => '13138',
			'image' => '20210514031053_NEA.jpg',
			'article_date' => '2021-05-14 15:08:27',
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		'Article' => array(
			'id' => '13392',
			'article_category_id' => '1',
			'title' => 'Banks limit their operation to five essential services during prohibitory period ',
			'sub_title' => ' Urging people to use digital banking, banks limit their services to cash withdrawal, deposit of cash, fund transfer (cheque/ IPS/ RTGS), remittance payment and international trade ',
			'summary' => 'Nepal Bankers' Association (NBA) has said that commercial banks will now provide only five services to their clients. ',
			'content' => '<p>May 14:&nbsp; Nepal Bankers&#39; Association (NBA) has said that commercial banks will now provide only five services to their clients.&nbsp;</p>

<p>Issuing a statement on Thursday, NBA&mdash;the umbrella organization of commercial banks&mdash;said that its members will offer only five essential banking services to the public during the prohibitory period. &nbsp;</p>

<p>The decision to limit services to the public through their offices or branches is aimed at avoiding crowd in banks and curbing risks of coronavirus infection, according to the statement.&nbsp;</p>

<p>Bank services will now be limited to cash withdrawal, deposit of cash, fund transfer (cheque/ IPS/ RTGS), remittance payment and international trade. Banks have also set a minimum limit for the cash deposit. Only cash above Rs 50,000 will be deposited in bank branches, according to the NBA.</p>

<p>However, the NBA also said that clients can make phone call to their respective branch if they urgently need&nbsp;any other services.&nbsp;</p>

<p>Urging people to embrace digital banking services in line with the government&rsquo;s request to stay at home during the prohibitory&nbsp;period, NBA also said that they can make phone call or email to their respective banks if they face any problem or require any assistance for online or mobile banking transactions. &nbsp;&nbsp;</p>

<p>All ATMs and call centers will remain open as usual, according to the NBA.&nbsp;</p>
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			'id' => '13391',
			'article_category_id' => '266',
			'title' => 'Kathmandu's Legendary five-star hotel will be rebranded "The Soaltee Kathmandu"',
			'sub_title' => '',
			'summary' => 'Kathmandu's Legendary five-star hotel will be rebranded "The Soaltee Kathmandu"',
			'content' => '<p><img alt="" src="/app/webroot/userfiles/images/Press%20release%20of%20English%20of%20The%20Soaltee%20KAthmandu-1.jpg" style="height:1202px; width:850px" /></p>

<p><img alt="" src="/app/webroot/userfiles/images/Press%20release%20of%20English%20of%20The%20Soaltee%20KAthmandu-2.jpg" style="height:1202px; width:850px" /></p>
',
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			'sortorder' => '13136',
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			'article_date' => '2021-05-14 11:15:47',
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			'user_id' => '10'
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		'Article' => array(
			'id' => '13389',
			'article_category_id' => '1',
			'title' => 'KP Sharma Oli reappointed as Nepal’s PM after three days of losing vote of confidence in parliament ',
			'sub_title' => ' President Bhandari scheduled to administer oath of office to PM Oli on Friday ',
			'summary' => 'After three days of losing vote of cofidence in the House of Representatives, CPN (UML) Chairman KP Sharma Oli has been appointed as the Prime Minister of the country again. ',
			'content' => '<p>May 13:&nbsp;After three days of losing vote of confidence in the House of Representatives, CPN (UML) Chairman KP Sharma Oli has been appointed as the Prime Minister of the country again.&nbsp;<br />
President Bidya Devi Bhandari appointed Oli as the Prime Minister as per the Article 76 (3) of the constitution after nobody laid a claim to the post to form the majority government, according to a notice issued by the Office of the President.&nbsp;</p>

<p>Though the President Bhandari had given political parties until Thursday (9 PM) to form the majority government as per the the Article 76 (2) of the constitution, there was no claim for the post of Prime Minister.&nbsp;</p>

<p>Oli became the new Prime Minister based on the Article 76 (3) which allows the President the authority to appoint&nbsp;the leader of the party with the highest number of members in the House of Representatives as the Prime Minister if the majority government could not be formed.&nbsp;</p>

<p>This is Oli&rsquo;s third stint as the Prime Minister. President Bhandari is scheduled to administer oath of office to Prime Minister Oli tommorrow, according to a source at the Office of President. The Prime Minister will now have to receive the vote of confidence of the House of Representatives within 30 days.</p>

<p>Earlier on Monday, President Bhandari had called any member of the House to claim majority in the parliament with the support of two or more than two parties by Thursday to get appointed as the new Prime Minister of the country. &nbsp;&nbsp;</p>

<p>Though the Nepali Congress, the main opposition party, initially showed its interest to form the majority government, it abandoned the plan on Thursday after concluding that it would fail to garner enough votes from other political parties.&nbsp;</p>
',
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			'created' => '2021-05-13',
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			'sortorder' => '13134',
			'image' => '20210513114158_20200307030714_Clipboard04.jpg',
			'article_date' => '2021-05-13 23:39:11',
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		'Article' => array(
			'id' => '13388',
			'article_category_id' => '1',
			'title' => 'AI Calls for Urgent Action in South Asia to Combat Deadly COVID-19 Surge ',
			'sub_title' => '',
			'summary' => 'May 13: Amnesty International has drawn the attention of governments across South Asia to immediately address healthcare shortages and urgently strengthen their healthcare systems to respond to the rapid surge of COVID-19 cases in the region.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">May 13: Amnesty International has drawn the attention of governments across South Asia to immediately address healthcare shortages and urgently strengthen their healthcare systems to respond to the rapid surge of COVID-19 cases in the region.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">With India and Nepal&rsquo;s healthcare systems reaching breaking point, the human rights organization expressed its concern over the lack of preparedness of other countries in the region for the virus&rsquo;s latest and most deadly wave. Extremely low vaccination rates across South Asia have also left the region highly vulnerable, with pressing action needed at the global level to ensure more equitable access to vaccines, AI said in a statement on Thursday (May 13).</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">&ldquo;The human catastrophe that is unfolding in India and Nepal should be a warning to other countries in the region to invest heavily in surge capacity for an emergency response. The virus is spreading and transcending borders at a frightening speed and will continue to hit the region&rsquo;s most marginalized populations hardest of all,&rdquo; said Yamini Mishra, Amnesty International&rsquo;s Asia- Pacific Director.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">&ldquo;We are at a critical point. Fewer than one in ten of the region&rsquo;s population has been vaccinated. The decisions taken by governments in South Asia and across the world in the coming days and weeks will be crucial in mitigating the human cost of this latest surge.&rdquo;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">South Asia, home to a quarter of the world&rsquo;s population, is fast becoming the new global epicentre of the COVID-19 pandemic, AI further said. On May 6, India reported more than 400,000 new cases in one day, taking its total tally of confirmed cases to 21.5 million, though this is likely to be a significant underestimate. As the disease ravages India, several south Asian nations are also facing a resurgence of cases.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">Nepal, which shares a porous border with India, has already started to experience a massive spike in infections. According to WHO figures, daily cases increased 30-fold from 303 to 9,317, or an increase of 2,975 percent, </span></span><span style="font-size:15.0pt"><span style="font-family:Calibri">between April 12 and May 12</span></span><span style="font-size:15.0pt"><span style="font-family:Times">. On Tuesday, Nepal recorded another 9,317 cases, bringing its total to 413,111, the statement added.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">With India stopping exports of oxygen, Nepal is struggling to find alternative supplies. To make matters worse, Nepal is also in the midst of political upheaval, with its Prime Minister having lost a vote of confidence and parties failing to form a government.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">&ldquo;We have seen how shortages of oxygen, hospital beds, human resources and essential medicines pushed the already under-resourced healthcare response of India over the edge. Now a similar worrying trend is emerging in Nepal,&rdquo; said Yamini Mishra.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">&ldquo;This is not the time for Nepal&rsquo;s politicians to indulge in political wrangling and infighting. What the country needs right now is unity and leadership to address the growing crisis.&rdquo;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">Amnesty International also called on the international community to show solidarity and fulfil its human rights obligations to provide cooperation and assistance, by providing lifesaving medical tools and removing legal uncertainties and barriers that may impede the production and supply of vaccines as the disease continues to ravage the region.</span></span></span></span></p>

<p>&nbsp;</p>
',
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		'Article' => array(
			'id' => '13387',
			'article_category_id' => '1',
			'title' => 'NIBL, Himalayan Bank Announce Merger with a Prospect of Forming the Biggest Commercial Bank ',
			'sub_title' => '',
			'summary' => 'May 13: Nepal Investment Bank Limited (NIBL) and Himalayan Bank Limited (HBL) have announced their merger.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">May 13: Nepal Investment Bank Limited (NIBL) and Himalayan Bank Limited (HBL) have announced their merger with the &ldquo;intention&rdquo; of strengthening the banking sector of Nepal in line with Nepal Rastra Bank&rsquo;s (NRB) Merger and Acquisition Policy.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">Issuing a joint statement on Thursday, the two commercial banks said they have signed a Memorandum of Understanding (MoU) for the merger. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">According to the statement, Chairman of Nepal Investment Bank Prithvi Bahadur Pand&eacute; and the Chairman of Himalayan Bank Tulsi Prasad Gautam signed the MoU on Thursday, May 13. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">This development has officially paved the way to complete formalities before the process of the start of joint operations between the two commercial banks, added the statement.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">After the merger, the banks will be known with the name &ldquo;Himalayan and Nepal Investment Bank Ltd&rdquo;. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">Prithvi Bahadur Pand&eacute; will retain the post of the bank&rsquo;s chairman while Ashoke SJB Rana will be the Chief Executive Officer (CEO). &nbsp;Similarly, after the merger, the board members will be comprised of three members each from both the banks and also an independent member for a total of seven board members.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">In the joint statement, the two banks claimed that the new entity after merger will be the biggest commercial bank in the history of the Nepalese banking industry. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">At present, the paid-up capital of Nepal Investment Bank stands at Rs 16.26 billion whereas Himalayan Bank&rsquo;s paid-up capital amounts to Rs 10.68 billion. After the merger the combined paid-up capital of the banks will reach a staggering Rs 26.14 billion making it the bank with the highest paid-up capital in the country. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">Similarly, combining the assets, loans and deposits of both banks will elevate the bank into unparalleled heights, added the statement. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">The joint statement further said that the bank will hope to retain the confidence of its stakeholders and shareholders through this major development and also continue to provide exemplary services to its clients post&ndash;merger.</span></span></span></p>

<p>&nbsp;</p>
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	(int) 8 => array(
		'Article' => array(
			'id' => '13386',
			'article_category_id' => '1',
			'title' => 'Government Prepares for Full Implementation of One-Door System in Foreign Trade',
			'sub_title' => '',
			'summary' => 'May 13: The government is preparing to fully implement a one-door system to promote transparency and automation of foreign trade. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">May 13: The government is preparing to fully implement a one-door system to promote transparency and automation of foreign trade. The Department of Customs has connected all the concerned bodies to Nepal National One-Door System to make import-export paperless.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Surya Sedhai, director of the One-Door System Project Implementation Unit, said that the government will facilitate foreign trade by linking 40 bodies and concerned parties with each other.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The system was inaugurated on January 25 on the occasion of the International Customs Day. Sedhai informed that they have intensified the work of linking all the concerned bodies in this system.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Initially, the Food and Quality Control Department, Department of Livestock Services, Plant Quarantine and Pesticide Management Center were included in the system. Lately, a memorandum of understanding has been signed with Nepal Rastra Bank and private sector organizations to bring them under a one-door system.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The government has also reached an agreement with the </span></span></span></span><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Federation of Nepalese Chambers of Commerce and Industry, the Confederation of Nepalese Industries, Nepal Chamber of Commerce and the Federation of Nepal Handicrafts to integrate them into the system. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">&ldquo;These organizations issue certificates of origin in the export process. It has been agreed to provide such certificate through online medium,&rdquo; Sedhai informed New Business Age.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">A one-door system has been introduced to connect all service providers and service seekers related to import and export through online medium. The process of developing infrastructure work was started from 2019. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The full implementation of this system was scheduled for 2021/22 but it has been affected due to the COVID-19 pandemic.</span></span> <span style="font-size:14.0pt"><span style="font-family:Arial">The trial of this system was scheduled for last November which had to be put off due to the pandemic. The full implementation of the system has now been slated for upcoming November.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria">&nbsp;<span style="font-size:14.0pt"><span style="font-family:Arial">According to the department, import and export permits, banking process, revenue payment, customs clearance among others will be completed via online platform in this system. Since all the required processes will be done online by importers as well as the government and private bodies, it is expected to foster transparency, says Shyam Prasad Bhandari, coordinator of the project implementation unit.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The department says it is focused on trade facilitation, increasing efficiency in revenue collection and making social security effective through the one-door system. The one-door customs clearance is an electronic platform designed to facilitate all stakeholders. This allows all parties involved in international trade and transit to submit documents and information from a single entry point.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Customs officials claim that there will be no direct contact between the service provider and the service seekers once the system becomes fully operational. This will save time and cost of trade. Likewise, the hassle of going to various agencies to get documents for import and export will also come to an end.</span></span></span></span></p>

<p>&nbsp;</p>
',
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	(int) 9 => array(
		'Article' => array(
			'id' => '13385',
			'article_category_id' => '1',
			'title' => '25 Percent of Cement Industries Closed',
			'sub_title' => '',
			'summary' => 'May 13: The production capacity of construction companies has started to decline with the onset of the second wave of Coronavirus (Covid-19) and prohibition order issued by the government to stop the disease from spreading.  ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">May 13: The production capacity of construction companies has started to decline with the onset of the second wave of Coronavirus (Covid-19) and prohibition order issued by the government to stop the disease from spreading.&nbsp; At present, 25 percent of the cement industries have been shut down due to the fear of infection, while 75 percent of the operating industries are producing at minimum capacity.<br />
Iron industries have also reduced production to 10-12 hours per day. Entrepreneurs say that they have not been able to pay much attention to production at a time when the main challenge is to save people&#39;s lives and remain free from infection.<br />
Chairman of Nepal Cement Producers&#39; Association, Dhruva Thapa, says that production of cement and its demand have dropped sharply since the prohibitory order was issued.<br />
&quot;Even though the production capacity has been reduced, some industries are still operating,&quot; he said, adding, &quot;About 25 percent of the industries have been shut down due to the lack of workers.&quot;<br />
Thapa said that the demand for cement and steel has also declined as workers are afraid to go to construction sites. He estimates that the demand for these construction materials has dropped by 50 percent. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">Sources claim that most of the steel industries are also closed. These industries require oxygen cylinders. However, industries have supplied oxygen cylinders for the treatment of Covid-19 patients.<br />
Dhruba Kumar Shrestha, vice-chairman of Panchakanya Group, said that his company has arranged food and shelter for the workers within the factory premises.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">&quot;We cannot shut the factory, the workers have to be paid or else they will starve. However, we have not been able to produce at full capacity like before,&quot; Shrestha said.<br />
He said that they are facing difficulty in supplying their products even though there was some demand.<br />
President of the Federation of Grill and Steel Entrepreneurs of Nepal Mohan Katuwal said that the production of grill and steel has dropped to 15 to 20 percent.<br />
Katuwal, who is also the commodity vice-president of the Federation of Nepalese Small and Household Industries, said that industries other than agriculture, livestock, dairy, and essential food have started to shut down.<br />
&quot;Currently, local products have not found any market,&quot; he said.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 10 => array(
		'Article' => array(
			'id' => '13384',
			'article_category_id' => '1',
			'title' => '70 Climbers Scale Everest in a Day',
			'sub_title' => '',
			'summary' => '',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">May 13:<strong><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;"> </span></span></strong>A total of 70 climbers summited Mount Everest, the highest mountain in the world, on Wednesday, the state-owned national news agency RSS reported citing the Department of Tourism.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Director of the Department of Tourism Mira Acharya, who is currently at the Everest Base Camp, informed that 70 climbers from various countries reached atop the 8,846.86 metres- mountain in a single day.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">A 12-member rope-fixing team (also known as the Icefall Doctors) led by renowned Everest climber Kamirita Sherpa had reached the summit of Everest on the evening of May 7, opening the door of the summit to a total of 408 aspiring climbers who had obtained permission for this year&rsquo;s spring season expedition.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Since then, a total of 182 climbers have set their feet on the top of Everest, RSS further reported. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">The spring season is the most favourable season for climbing Everest and the window is open until the end of May.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Last year, mountain expedition was closed due to the emergence of coronavirus. But the expedition is underway this year despite a surge in second wave of Covid-19.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mountaineering is one of the major source of income of the country and the people, especially the Sherpas, involved in this sector.</span></span></span></span></p>
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			'image' => '20210513115218_20201209120005_1607418193.mount_everest.jpg',
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	(int) 11 => array(
		'Article' => array(
			'id' => '13383',
			'article_category_id' => '1',
			'title' => ' Nepal’s remittances rise 16.5% to Rs 729 billion in nine months of current fiscal year ',
			'sub_title' => 'Workers’ shift to formal channel to send money, decline in remittances inflow in corresponding period of last fiscal year attributed to the recent growth ',
			'summary' => ' Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year 2020/21. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt">May 12:&nbsp;Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year (FY 2020/21).&nbsp;<br />
According to the &lsquo;Current Macroeconomic and Financial Situation of Nepal&rsquo; released by the Nepal Rastra Bank (NRB) on Wednesday, the total amount of remittances received in the review period is 16.5 percent higher than what the country had received from Nepalis working abroad in the corresponding period&nbsp;of the last fiscal year.&nbsp;<br />
In terms of US dollar, inflow of remittances grew 13 percent to $6.19 billion in mid-April.&nbsp;<br />
Despite Covid-19 crisis and fall in the number of Nepali migrant workers leaving for foreign employment, Nepal&rsquo;s remittances growth has remained robust.&nbsp;<br />
NRB officials say that a number of factors including the increased formalization of remittances inflow, transfer of accumulated savings by workers and cash transfers offered by some developed countries &nbsp;have contributed to the growth of remittances in Nepal.&nbsp;<br />
&ldquo;If we see the figures, the remittances growth was negative in the corresponding period of the last fiscal year. Even a little increment in workers&rsquo; transfers also leads to higher growth,&rdquo; said Prakash Shrestha, an executive director at the NRB. On a year-on-year basis, remittance inflow had declined 4 percent in mid April last year, according to the NRB data.&nbsp;<br />
&nbsp;&ldquo;But, the overall trend shows that the remittance growth remains robust despite global economic downturns,&rdquo; said Shrestha, who heads the Economic Research Department of the NRB. &nbsp;<br />
According to Shrestha, the growing shift of Nepali workers to formal channel from informal channel to transfer money due to the restrictions and lockdowns in various countries as well as crackdown against Hundi in Nepal also caused the growth&nbsp;in remittance figures.&nbsp;<br />
Shrestha said that the earnings of Nepali workers were not much hit as feared earlier as many economies including the Gulf region started to observe a recovery from the pandemic-induced recessions.&nbsp;&nbsp;&nbsp;<br />
&ldquo;Another factor that has driven up remittances is cash transfer by governments in developed countries including the US. Those who were able to save the cash due to lower expenses amid containment measures have sent money to their families here in Nepal,&rdquo; added Shrestha.&nbsp;<br />
The World Bank, in its recent South Asia Focus, said that the remittances growth in 2020 was mainly due to channelization of remittances through formal system.&nbsp;<br />
&ldquo;The September 2019 policy changes made it easier for migrants to open bank accounts, which may have facilitated a shift from unrecorded to recorded remittances,&rdquo; read the report.</span></span></span></p>
',
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			'image' => '20210512081815_Remittances.jpg',
			'article_date' => '2021-05-12 20:15:11',
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	(int) 12 => array(
		'Article' => array(
			'id' => '13382',
			'article_category_id' => '1',
			'title' => 'Farmers Seek Paddy Seeds Well Ahead of Plantation Season',
			'sub_title' => '',
			'summary' => 'May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season. Fearing that the seeds would not be available on time due to the prohibitory order, they have started to search for paddy seeds well ahead of the plantation season.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">Farmers have started to buy paddy seeds from various cooperatives, seed centres, agro-vets, and other places. The government-owned Agriculture Inputs Company Limited has also started distributing paddy seeds to farmers from Kathmandu, Bhairahawa, Dhangadhi, Nepalgunj, Birgunj, and Hetauda. Out of its stock of 800 metric tons of paddy seeds, the company has so far distributed 500 metric tons of seeds.<br />
Around 70,000 metric tons of paddy seeds are required annually for a total of 1.35 million hectares of arable land in Nepal. Private companies and entrepreneurs supply a large amount of seed. It is estimated that Nepali companies produce 10,000 metric tons of paddy seeds annually.<br />
Seeds of local rice species such as Savitri, Sonamansuli, Makwanpur, and Basmati are produced in Nepal while hybrid seeds are imported from India and China. Nepal imports about 68 varieties of hybrid rice seeds from abroad annually.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt">According to Chhotelal Prasad Lohar, central vice president of the Seed Entrepreneurs&#39; Association, seed traders of Nepal started to import paddy seeds from India about two weeks ago to provide them to the farmers on time amid the pandemic.<br />
According to him, the farmers of Banke, Bardiya, Dang, Chitwan, Siraha, Saptari, and other districts are demanding seeds at present. &quot;Farmers were not able to get seeds on time due to the lockdown last year. Therefore, the farmers have started to make arrangements for seeds quite early this year to avoid such problems,&rdquo; he said.<br />
Mitra Raj Dawadi, the outgoing president of the Seed Producers&#39; Association, said that the farmers are also worried as Nepali seed companies have produced fewer seeds this year than last year. According to him, 8,000 metric tons of seeds were produced last year, while 10,000 metric tons were produced the previous year. Seed production has declined in Nepal due to damage to caused by certain crop diseases.</span></span></span></p>
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			'image' => '20210512035550_20181125011444_pady-1024x682.jpg',
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	(int) 13 => array(
		'Article' => array(
			'id' => '13381',
			'article_category_id' => '1',
			'title' => 'FNCCI sets up Help Desk to Facilitate Covid-19 Treatment ',
			'sub_title' => '',
			'summary' => 'May 12:  The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19. ',
			'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt">May 12:&nbsp; The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19.&nbsp;<br />
Issuing a statement on Wednesday, the FNCCI said that its recent meeting decided to establish the Help Desk to facilitate desperate people receive various healthcare services including oxygen cylinder, ambulance and isolation for Covid-19 patients. &nbsp;&nbsp;<br />
According to the statement, the Help Desk will coordinate with respective agencies to provide Covid-19 treatment and related services to its members, industrialists, business people as well as to the general public. &nbsp;Those who want to get the service can request the Held Desk by sending text or making phone call at 9801096812 or 9801192591, according to the statement.<br />
&ldquo;Those who are in problem or seeking help or facilitation for Covid-19 treatment are getting the services from the Help Desk,&rdquo; read the statement.<br />
FNCCI said that the Help Desk is a part of its FNCCI Operation COVID-19 Relief Nepal Campaign that it recently launched.<br />
Earlier on Saturday, the FNCCI had launched the &lsquo;Hello Doctor&rsquo; service to provide free health counseling to Covid-19 patients via Viber video calls. &nbsp;&nbsp;</span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 14 => array(
		'Article' => array(
			'id' => '13380',
			'article_category_id' => '1',
			'title' => 'SC Issues Interim Order to Ensure Oxygen Supply',
			'sub_title' => '',
			'summary' => 'May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19.     ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:&quot;Arial Unicode MS&quot;">May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;">A single bench of Justice Bam Kumar Shrestha issued the order to ensure smooth supply of medicines and oxygen as well as develop hospital infrastructures immediately.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:&quot;Arial Unicode MS&quot;">The court order instructs the government to &ldquo;take necessary initiative towards further enhancing hospitals and to ensure smooth supply of drugs and oxygen necessary for the treatment of COVID-19 patients&rdquo;.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;">The order further tells the government to make sure the deployment of necessary human resources keeping in mind the flow of patients in the hospitals.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;">The Supreme Court has also directed the government to form a working committee representing all stakeholders to resolve the problems faced by the public.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:&quot;Arial Unicode MS&quot;">The apex court has also instructed the government to submit a written explanation within 15 days regarding the lack of oxygen in hospitals across the country. </span></span></span></p>
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Code Context
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			'id' => '13396',
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			'title' => 'Social Security Fund providing Covid-19 treatment cost to its contributors ',
			'sub_title' => ' SSF bearing up to Rs 80,000 out of total treatment expenses of Rs 100,000 ',
			'summary' => 'Social Security Fund (SSF) is providing treatment cost for Covid-19 to its contributors.',
			'content' => '<p>May 15:&nbsp;Social Security Fund (SSF) is providing treatment cost for Covid-19 to its contributors. According to the SSF, it will bear treatment cost to its contributors if they are infected with coronavirus.&nbsp;</p>

<p>Kapilmani Gyawali, Executive Director of the SSF, said that the Fund will provide treatment cost to its contributors for Covid-19 under its medical treatment, health and maternity protection scheme.&nbsp;However, the limit for the compensation will be Rs 80,000 out of total treatment cost of Rs 100,000, according to SSF&rsquo;s executive director Gyawali. He said that the contributor should bear 20 percent of the total treatment expenses.</p>

<p>&quot;With the onset of the second wave of the pandemic, some contributors who were infected with coronavirus have already started claiming the compensation. We will&nbsp;gradually settle the claims&quot;, said Gyawali.&nbsp;</p>

<p>Though the facility of direct discount of 80 percent of the total treatment cost up to the limit of Rs 100,000 is yet to be implemented, contributors should come to SSF to claim the compensation, according to Gyawali. &nbsp;He also said that the SSF is preparing to implement the facility of direct discount from the hospital from mid July. It has already signed agreement with 105 hospitals to provide such facility for the SSF contributors.&nbsp;</p>

<p>The SSF has not halted the settlement of claims even during the pandemic, he said. According to the SSF, it has provided Rs 32 million in compensation to 1,567 contributors for 2,524 claims under its medical treatment, health and maternity protection scheme.&nbsp;</p>

<p>Meanwhile, there has not been any decline in the number of employers and contributors signing up for the SSF even during Covid-19. According to the SSF&rsquo;s data, 13,845 employers have registered with the SSF as of Wednesday to list a total of 202,353 employees in the Fund.</p>

<p>The contributory-based SSF was launched in November 2018 to bring private and non-governmental sector workers under the social security net. Under the SSF scheme which has been made compulsory for private sector, 31 percent of a listed contributor&rsquo;s basic salary&mdash;11 percent of employees&rsquo;s salary along&nbsp;with 20 percent contribution from the employer&mdash;is deposited in the SSF every month. Such contributors are entitled to get benefits from medical treatment, health protection and maternity plan, accidents and disability plan, dependent family plan and old-age security plan of the SSF.&nbsp;<br />
&nbsp;</p>
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			'article_date' => '2021-05-15 14:40:08',
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			'id' => '13395',
			'article_category_id' => '1',
			'title' => 'Budget will focus on combating Covid-19, says Finance Minister Paudel ',
			'sub_title' => 'Finance Minister Paudel approves Rs 58.32 million to three hospitals for the installment of oxygen plant and pipeline as the first decision after reappointment to the post ',
			'summary' => 'Minister for Finance Bishnu Prasad Paudel has said that the government is preparing to introduce a budget for the upcoming fiscal year 2021/22 that focuses on combating the Covid-19. ',
			'content' => '<p>May 15:&nbsp; Minister for Finance Bishnu Prasad Paudel has said that the government is preparing to introduce a budget for the upcoming fiscal year 2021/22 that focuses on combating the Covid-19.&nbsp;</p>

<p>Assuming the office on Friday after getting reappointed as Finance Minister, he said that the government would mobilize all available resources to address the crisis caused by the pandemic.&nbsp;<br />
He said that the preparation of the budget for the upcoming fiscal year has reached the final stage.&nbsp;</p>

<p>The budget would address the current health crisis as well as revive the economy hit by the pandemic, Finance Minister Paudel said.&nbsp;He also expressed his commitment to ensure resources to ramp up Covid-19 tests and provide treatment to all patients.&nbsp;</p>

<p>Finance Minister Paudel will table the budget in the federal parliament on May 29 as per a provision in the constitution. &nbsp;</p>

<p>Meanwhile, Finance Minister Paudel approved a decision to release Rs 58.32 million to Dadeldhura Hospital, Patan Academy of Health Sciences and Bheri Hospital for the installment of oxygen plant and pipeline, according to a statement issued by the MoF.&nbsp;</p>

<p>Prime Minister KP Sharma Oli, after getting reappointed on Thursday as the leader of the largest political party in the House of Representatives, had expanded his cabinet on Friday after taking oath of office from President Bidya Devi Bhandari.&nbsp;He had reappointed 22 ministers and three state ministers including Paudel and assigned them the same portfolio that they had held in the previous cabinet. &nbsp;</p>
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		'Article' => array(
			'id' => '13393',
			'article_category_id' => '1',
			'title' => 'NEA to follow its previous decision to collect dues of dedicated feeder, trunk line from industries',
			'sub_title' => '',
			'summary' => 'Nepal Electricity Authority (NEA) has decided to implement its previous decision on recovering outstanding dues from industries for using electricity from dedicated feeders and trunkline lines,',
			'content' => '<p>May 14:&nbsp;Nepal Electricity Authority (NEA) has decided to implement its previous decision on recovering outstanding dues from industries for using electricity through&nbsp;dedicated feeders and trunk&nbsp;lines, ignoring an instruction issued by the Parliamentary Accounts Committee (PAC).&nbsp;<br />
A meeting of NEA&#39;s board of directors held recently decided to collect the outstanding dues as per its earlier decision.</p>

<p>In the month of February, NEA had decided to collect electricity dues from the industrialists by mid-July. It had warned industrialists of slapping a penalty if they fail to settle it by mid July.</p>

<p>However, on April 4, PAC directed the Nepal Electricity Authority (NEA) through the Ministry of Energy to collect the outstanding electricity dues from the industrialists within a month.</p>

<p>Ignoring the PAC directive, NEA now wants to collect&nbsp;the tariffs as per its earlier decision, citing the impact of pandemic on businesses and industries. NEA has also sent a letter to the PAC seeking another favorable instruction from the parliamentary committee considering the adverse impacts of current pandemic and subsequent prohibitory orders imposed by local administrations.&nbsp;</p>

<p>Rameshwor Poudel, an ex-officio member in the NEA board, said that the board meeting decided to implement its previous decision related to the settlement of outstanding dues from industrialists for using electricity from trunkline and dedicated feeders due to the pandemic.&nbsp;</p>

<p>&quot;The PAC had asked to collect the dues within a month. We had to comply&nbsp;with the parliamentary committee&rsquo;s instruction. But, recent prohibitory orders imposed to control the second wave of coronavirus have hit industries,&rdquo; said Poudel. &nbsp;&ldquo;In such a case, the implementation of the PAC directive was going to become difficult. So, we were compelled to act according to the previous decision made by the board,&quot; he said.&nbsp;</p>

<p>Poudel said NEA will act in a way that will not further affect the industries which have already been hit hard by the pandemic. &ldquo;But, if the PAC again issues us a directive to collect the dues within a month (mid June), we will act accordingly,&rdquo; he added.&nbsp;</p>

<p><br />
There is a long dispute between industrialists and the NEA over the settlement of dues for using electricity from dedicated feeders and trunk lines. &nbsp;</p>

<p>Earlier on July 21, the PAC had formed a sub-committee led by lawmaker Minendra Rijal to look into the issue of dedicated electricity tariff. Based on the report, the PAC, on April 4, instructed the government to collect all dues within a month. There was a total of Rs 10.14 billion outstanding dues that industrialists owe to the NEA.&nbsp;<br />
NEA had supplied electricity to industries through dedicated feeder and trunk lines by charging a premium of 65 percent in the electricity tariffs. The NEA, which did not have authority to fix tariff, had got approval of its tariff rates from the then Electricity Tariff Fixation Commission in February 2016.&nbsp;<br />
Industrialists are at odds with the NEA over the tariffs that NEA has fixed prior to the approval from the Commission. &nbsp;&nbsp;</p>

<p>Some industrialists even claim that the NEA has&nbsp;billed them&nbsp;for the electricity that their industries&nbsp;did not use during the load shedding.<br />
&nbsp;</p>
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			'created' => '2021-05-14',
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			'sortorder' => '13138',
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		'Article' => array(
			'id' => '13392',
			'article_category_id' => '1',
			'title' => 'Banks limit their operation to five essential services during prohibitory period ',
			'sub_title' => ' Urging people to use digital banking, banks limit their services to cash withdrawal, deposit of cash, fund transfer (cheque/ IPS/ RTGS), remittance payment and international trade ',
			'summary' => 'Nepal Bankers' Association (NBA) has said that commercial banks will now provide only five services to their clients. ',
			'content' => '<p>May 14:&nbsp; Nepal Bankers&#39; Association (NBA) has said that commercial banks will now provide only five services to their clients.&nbsp;</p>

<p>Issuing a statement on Thursday, NBA&mdash;the umbrella organization of commercial banks&mdash;said that its members will offer only five essential banking services to the public during the prohibitory period. &nbsp;</p>

<p>The decision to limit services to the public through their offices or branches is aimed at avoiding crowd in banks and curbing risks of coronavirus infection, according to the statement.&nbsp;</p>

<p>Bank services will now be limited to cash withdrawal, deposit of cash, fund transfer (cheque/ IPS/ RTGS), remittance payment and international trade. Banks have also set a minimum limit for the cash deposit. Only cash above Rs 50,000 will be deposited in bank branches, according to the NBA.</p>

<p>However, the NBA also said that clients can make phone call to their respective branch if they urgently need&nbsp;any other services.&nbsp;</p>

<p>Urging people to embrace digital banking services in line with the government&rsquo;s request to stay at home during the prohibitory&nbsp;period, NBA also said that they can make phone call or email to their respective banks if they face any problem or require any assistance for online or mobile banking transactions. &nbsp;&nbsp;</p>

<p>All ATMs and call centers will remain open as usual, according to the NBA.&nbsp;</p>
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		'Article' => array(
			'id' => '13391',
			'article_category_id' => '266',
			'title' => 'Kathmandu's Legendary five-star hotel will be rebranded "The Soaltee Kathmandu"',
			'sub_title' => '',
			'summary' => 'Kathmandu's Legendary five-star hotel will be rebranded "The Soaltee Kathmandu"',
			'content' => '<p><img alt="" src="/app/webroot/userfiles/images/Press%20release%20of%20English%20of%20The%20Soaltee%20KAthmandu-1.jpg" style="height:1202px; width:850px" /></p>

<p><img alt="" src="/app/webroot/userfiles/images/Press%20release%20of%20English%20of%20The%20Soaltee%20KAthmandu-2.jpg" style="height:1202px; width:850px" /></p>
',
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			'sortorder' => '13136',
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			'article_date' => '2021-05-14 11:15:47',
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		'Article' => array(
			'id' => '13389',
			'article_category_id' => '1',
			'title' => 'KP Sharma Oli reappointed as Nepal’s PM after three days of losing vote of confidence in parliament ',
			'sub_title' => ' President Bhandari scheduled to administer oath of office to PM Oli on Friday ',
			'summary' => 'After three days of losing vote of cofidence in the House of Representatives, CPN (UML) Chairman KP Sharma Oli has been appointed as the Prime Minister of the country again. ',
			'content' => '<p>May 13:&nbsp;After three days of losing vote of confidence in the House of Representatives, CPN (UML) Chairman KP Sharma Oli has been appointed as the Prime Minister of the country again.&nbsp;<br />
President Bidya Devi Bhandari appointed Oli as the Prime Minister as per the Article 76 (3) of the constitution after nobody laid a claim to the post to form the majority government, according to a notice issued by the Office of the President.&nbsp;</p>

<p>Though the President Bhandari had given political parties until Thursday (9 PM) to form the majority government as per the the Article 76 (2) of the constitution, there was no claim for the post of Prime Minister.&nbsp;</p>

<p>Oli became the new Prime Minister based on the Article 76 (3) which allows the President the authority to appoint&nbsp;the leader of the party with the highest number of members in the House of Representatives as the Prime Minister if the majority government could not be formed.&nbsp;</p>

<p>This is Oli&rsquo;s third stint as the Prime Minister. President Bhandari is scheduled to administer oath of office to Prime Minister Oli tommorrow, according to a source at the Office of President. The Prime Minister will now have to receive the vote of confidence of the House of Representatives within 30 days.</p>

<p>Earlier on Monday, President Bhandari had called any member of the House to claim majority in the parliament with the support of two or more than two parties by Thursday to get appointed as the new Prime Minister of the country. &nbsp;&nbsp;</p>

<p>Though the Nepali Congress, the main opposition party, initially showed its interest to form the majority government, it abandoned the plan on Thursday after concluding that it would fail to garner enough votes from other political parties.&nbsp;</p>
',
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			'created' => '2021-05-13',
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			'sortorder' => '13134',
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		'Article' => array(
			'id' => '13388',
			'article_category_id' => '1',
			'title' => 'AI Calls for Urgent Action in South Asia to Combat Deadly COVID-19 Surge ',
			'sub_title' => '',
			'summary' => 'May 13: Amnesty International has drawn the attention of governments across South Asia to immediately address healthcare shortages and urgently strengthen their healthcare systems to respond to the rapid surge of COVID-19 cases in the region.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">May 13: Amnesty International has drawn the attention of governments across South Asia to immediately address healthcare shortages and urgently strengthen their healthcare systems to respond to the rapid surge of COVID-19 cases in the region.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">With India and Nepal&rsquo;s healthcare systems reaching breaking point, the human rights organization expressed its concern over the lack of preparedness of other countries in the region for the virus&rsquo;s latest and most deadly wave. Extremely low vaccination rates across South Asia have also left the region highly vulnerable, with pressing action needed at the global level to ensure more equitable access to vaccines, AI said in a statement on Thursday (May 13).</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">&ldquo;The human catastrophe that is unfolding in India and Nepal should be a warning to other countries in the region to invest heavily in surge capacity for an emergency response. The virus is spreading and transcending borders at a frightening speed and will continue to hit the region&rsquo;s most marginalized populations hardest of all,&rdquo; said Yamini Mishra, Amnesty International&rsquo;s Asia- Pacific Director.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">&ldquo;We are at a critical point. Fewer than one in ten of the region&rsquo;s population has been vaccinated. The decisions taken by governments in South Asia and across the world in the coming days and weeks will be crucial in mitigating the human cost of this latest surge.&rdquo;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">South Asia, home to a quarter of the world&rsquo;s population, is fast becoming the new global epicentre of the COVID-19 pandemic, AI further said. On May 6, India reported more than 400,000 new cases in one day, taking its total tally of confirmed cases to 21.5 million, though this is likely to be a significant underestimate. As the disease ravages India, several south Asian nations are also facing a resurgence of cases.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">Nepal, which shares a porous border with India, has already started to experience a massive spike in infections. According to WHO figures, daily cases increased 30-fold from 303 to 9,317, or an increase of 2,975 percent, </span></span><span style="font-size:15.0pt"><span style="font-family:Calibri">between April 12 and May 12</span></span><span style="font-size:15.0pt"><span style="font-family:Times">. On Tuesday, Nepal recorded another 9,317 cases, bringing its total to 413,111, the statement added.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">With India stopping exports of oxygen, Nepal is struggling to find alternative supplies. To make matters worse, Nepal is also in the midst of political upheaval, with its Prime Minister having lost a vote of confidence and parties failing to form a government.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">&ldquo;We have seen how shortages of oxygen, hospital beds, human resources and essential medicines pushed the already under-resourced healthcare response of India over the edge. Now a similar worrying trend is emerging in Nepal,&rdquo; said Yamini Mishra.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">&ldquo;This is not the time for Nepal&rsquo;s politicians to indulge in political wrangling and infighting. What the country needs right now is unity and leadership to address the growing crisis.&rdquo;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">Amnesty International also called on the international community to show solidarity and fulfil its human rights obligations to provide cooperation and assistance, by providing lifesaving medical tools and removing legal uncertainties and barriers that may impede the production and supply of vaccines as the disease continues to ravage the region.</span></span></span></span></p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '13387',
			'article_category_id' => '1',
			'title' => 'NIBL, Himalayan Bank Announce Merger with a Prospect of Forming the Biggest Commercial Bank ',
			'sub_title' => '',
			'summary' => 'May 13: Nepal Investment Bank Limited (NIBL) and Himalayan Bank Limited (HBL) have announced their merger.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">May 13: Nepal Investment Bank Limited (NIBL) and Himalayan Bank Limited (HBL) have announced their merger with the &ldquo;intention&rdquo; of strengthening the banking sector of Nepal in line with Nepal Rastra Bank&rsquo;s (NRB) Merger and Acquisition Policy.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">Issuing a joint statement on Thursday, the two commercial banks said they have signed a Memorandum of Understanding (MoU) for the merger. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">According to the statement, Chairman of Nepal Investment Bank Prithvi Bahadur Pand&eacute; and the Chairman of Himalayan Bank Tulsi Prasad Gautam signed the MoU on Thursday, May 13. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">This development has officially paved the way to complete formalities before the process of the start of joint operations between the two commercial banks, added the statement.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">After the merger, the banks will be known with the name &ldquo;Himalayan and Nepal Investment Bank Ltd&rdquo;. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">Prithvi Bahadur Pand&eacute; will retain the post of the bank&rsquo;s chairman while Ashoke SJB Rana will be the Chief Executive Officer (CEO). &nbsp;Similarly, after the merger, the board members will be comprised of three members each from both the banks and also an independent member for a total of seven board members.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">In the joint statement, the two banks claimed that the new entity after merger will be the biggest commercial bank in the history of the Nepalese banking industry. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">At present, the paid-up capital of Nepal Investment Bank stands at Rs 16.26 billion whereas Himalayan Bank&rsquo;s paid-up capital amounts to Rs 10.68 billion. After the merger the combined paid-up capital of the banks will reach a staggering Rs 26.14 billion making it the bank with the highest paid-up capital in the country. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">Similarly, combining the assets, loans and deposits of both banks will elevate the bank into unparalleled heights, added the statement. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">The joint statement further said that the bank will hope to retain the confidence of its stakeholders and shareholders through this major development and also continue to provide exemplary services to its clients post&ndash;merger.</span></span></span></p>

<p>&nbsp;</p>
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	(int) 8 => array(
		'Article' => array(
			'id' => '13386',
			'article_category_id' => '1',
			'title' => 'Government Prepares for Full Implementation of One-Door System in Foreign Trade',
			'sub_title' => '',
			'summary' => 'May 13: The government is preparing to fully implement a one-door system to promote transparency and automation of foreign trade. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">May 13: The government is preparing to fully implement a one-door system to promote transparency and automation of foreign trade. The Department of Customs has connected all the concerned bodies to Nepal National One-Door System to make import-export paperless.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Surya Sedhai, director of the One-Door System Project Implementation Unit, said that the government will facilitate foreign trade by linking 40 bodies and concerned parties with each other.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The system was inaugurated on January 25 on the occasion of the International Customs Day. Sedhai informed that they have intensified the work of linking all the concerned bodies in this system.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Initially, the Food and Quality Control Department, Department of Livestock Services, Plant Quarantine and Pesticide Management Center were included in the system. Lately, a memorandum of understanding has been signed with Nepal Rastra Bank and private sector organizations to bring them under a one-door system.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The government has also reached an agreement with the </span></span></span></span><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Federation of Nepalese Chambers of Commerce and Industry, the Confederation of Nepalese Industries, Nepal Chamber of Commerce and the Federation of Nepal Handicrafts to integrate them into the system. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">&ldquo;These organizations issue certificates of origin in the export process. It has been agreed to provide such certificate through online medium,&rdquo; Sedhai informed New Business Age.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">A one-door system has been introduced to connect all service providers and service seekers related to import and export through online medium. The process of developing infrastructure work was started from 2019. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The full implementation of this system was scheduled for 2021/22 but it has been affected due to the COVID-19 pandemic.</span></span> <span style="font-size:14.0pt"><span style="font-family:Arial">The trial of this system was scheduled for last November which had to be put off due to the pandemic. The full implementation of the system has now been slated for upcoming November.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria">&nbsp;<span style="font-size:14.0pt"><span style="font-family:Arial">According to the department, import and export permits, banking process, revenue payment, customs clearance among others will be completed via online platform in this system. Since all the required processes will be done online by importers as well as the government and private bodies, it is expected to foster transparency, says Shyam Prasad Bhandari, coordinator of the project implementation unit.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The department says it is focused on trade facilitation, increasing efficiency in revenue collection and making social security effective through the one-door system. The one-door customs clearance is an electronic platform designed to facilitate all stakeholders. This allows all parties involved in international trade and transit to submit documents and information from a single entry point.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Customs officials claim that there will be no direct contact between the service provider and the service seekers once the system becomes fully operational. This will save time and cost of trade. Likewise, the hassle of going to various agencies to get documents for import and export will also come to an end.</span></span></span></span></p>

<p>&nbsp;</p>
',
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	(int) 9 => array(
		'Article' => array(
			'id' => '13385',
			'article_category_id' => '1',
			'title' => '25 Percent of Cement Industries Closed',
			'sub_title' => '',
			'summary' => 'May 13: The production capacity of construction companies has started to decline with the onset of the second wave of Coronavirus (Covid-19) and prohibition order issued by the government to stop the disease from spreading.  ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">May 13: The production capacity of construction companies has started to decline with the onset of the second wave of Coronavirus (Covid-19) and prohibition order issued by the government to stop the disease from spreading.&nbsp; At present, 25 percent of the cement industries have been shut down due to the fear of infection, while 75 percent of the operating industries are producing at minimum capacity.<br />
Iron industries have also reduced production to 10-12 hours per day. Entrepreneurs say that they have not been able to pay much attention to production at a time when the main challenge is to save people&#39;s lives and remain free from infection.<br />
Chairman of Nepal Cement Producers&#39; Association, Dhruva Thapa, says that production of cement and its demand have dropped sharply since the prohibitory order was issued.<br />
&quot;Even though the production capacity has been reduced, some industries are still operating,&quot; he said, adding, &quot;About 25 percent of the industries have been shut down due to the lack of workers.&quot;<br />
Thapa said that the demand for cement and steel has also declined as workers are afraid to go to construction sites. He estimates that the demand for these construction materials has dropped by 50 percent. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">Sources claim that most of the steel industries are also closed. These industries require oxygen cylinders. However, industries have supplied oxygen cylinders for the treatment of Covid-19 patients.<br />
Dhruba Kumar Shrestha, vice-chairman of Panchakanya Group, said that his company has arranged food and shelter for the workers within the factory premises.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">&quot;We cannot shut the factory, the workers have to be paid or else they will starve. However, we have not been able to produce at full capacity like before,&quot; Shrestha said.<br />
He said that they are facing difficulty in supplying their products even though there was some demand.<br />
President of the Federation of Grill and Steel Entrepreneurs of Nepal Mohan Katuwal said that the production of grill and steel has dropped to 15 to 20 percent.<br />
Katuwal, who is also the commodity vice-president of the Federation of Nepalese Small and Household Industries, said that industries other than agriculture, livestock, dairy, and essential food have started to shut down.<br />
&quot;Currently, local products have not found any market,&quot; he said.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 10 => array(
		'Article' => array(
			'id' => '13384',
			'article_category_id' => '1',
			'title' => '70 Climbers Scale Everest in a Day',
			'sub_title' => '',
			'summary' => '',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">May 13:<strong><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;"> </span></span></strong>A total of 70 climbers summited Mount Everest, the highest mountain in the world, on Wednesday, the state-owned national news agency RSS reported citing the Department of Tourism.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Director of the Department of Tourism Mira Acharya, who is currently at the Everest Base Camp, informed that 70 climbers from various countries reached atop the 8,846.86 metres- mountain in a single day.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">A 12-member rope-fixing team (also known as the Icefall Doctors) led by renowned Everest climber Kamirita Sherpa had reached the summit of Everest on the evening of May 7, opening the door of the summit to a total of 408 aspiring climbers who had obtained permission for this year&rsquo;s spring season expedition.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Since then, a total of 182 climbers have set their feet on the top of Everest, RSS further reported. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">The spring season is the most favourable season for climbing Everest and the window is open until the end of May.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Last year, mountain expedition was closed due to the emergence of coronavirus. But the expedition is underway this year despite a surge in second wave of Covid-19.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mountaineering is one of the major source of income of the country and the people, especially the Sherpas, involved in this sector.</span></span></span></span></p>
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	(int) 11 => array(
		'Article' => array(
			'id' => '13383',
			'article_category_id' => '1',
			'title' => ' Nepal’s remittances rise 16.5% to Rs 729 billion in nine months of current fiscal year ',
			'sub_title' => 'Workers’ shift to formal channel to send money, decline in remittances inflow in corresponding period of last fiscal year attributed to the recent growth ',
			'summary' => ' Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year 2020/21. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt">May 12:&nbsp;Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year (FY 2020/21).&nbsp;<br />
According to the &lsquo;Current Macroeconomic and Financial Situation of Nepal&rsquo; released by the Nepal Rastra Bank (NRB) on Wednesday, the total amount of remittances received in the review period is 16.5 percent higher than what the country had received from Nepalis working abroad in the corresponding period&nbsp;of the last fiscal year.&nbsp;<br />
In terms of US dollar, inflow of remittances grew 13 percent to $6.19 billion in mid-April.&nbsp;<br />
Despite Covid-19 crisis and fall in the number of Nepali migrant workers leaving for foreign employment, Nepal&rsquo;s remittances growth has remained robust.&nbsp;<br />
NRB officials say that a number of factors including the increased formalization of remittances inflow, transfer of accumulated savings by workers and cash transfers offered by some developed countries &nbsp;have contributed to the growth of remittances in Nepal.&nbsp;<br />
&ldquo;If we see the figures, the remittances growth was negative in the corresponding period of the last fiscal year. Even a little increment in workers&rsquo; transfers also leads to higher growth,&rdquo; said Prakash Shrestha, an executive director at the NRB. On a year-on-year basis, remittance inflow had declined 4 percent in mid April last year, according to the NRB data.&nbsp;<br />
&nbsp;&ldquo;But, the overall trend shows that the remittance growth remains robust despite global economic downturns,&rdquo; said Shrestha, who heads the Economic Research Department of the NRB. &nbsp;<br />
According to Shrestha, the growing shift of Nepali workers to formal channel from informal channel to transfer money due to the restrictions and lockdowns in various countries as well as crackdown against Hundi in Nepal also caused the growth&nbsp;in remittance figures.&nbsp;<br />
Shrestha said that the earnings of Nepali workers were not much hit as feared earlier as many economies including the Gulf region started to observe a recovery from the pandemic-induced recessions.&nbsp;&nbsp;&nbsp;<br />
&ldquo;Another factor that has driven up remittances is cash transfer by governments in developed countries including the US. Those who were able to save the cash due to lower expenses amid containment measures have sent money to their families here in Nepal,&rdquo; added Shrestha.&nbsp;<br />
The World Bank, in its recent South Asia Focus, said that the remittances growth in 2020 was mainly due to channelization of remittances through formal system.&nbsp;<br />
&ldquo;The September 2019 policy changes made it easier for migrants to open bank accounts, which may have facilitated a shift from unrecorded to recorded remittances,&rdquo; read the report.</span></span></span></p>
',
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			'sortorder' => '13128',
			'image' => '20210512081815_Remittances.jpg',
			'article_date' => '2021-05-12 20:15:11',
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	(int) 12 => array(
		'Article' => array(
			'id' => '13382',
			'article_category_id' => '1',
			'title' => 'Farmers Seek Paddy Seeds Well Ahead of Plantation Season',
			'sub_title' => '',
			'summary' => 'May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season. Fearing that the seeds would not be available on time due to the prohibitory order, they have started to search for paddy seeds well ahead of the plantation season.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">Farmers have started to buy paddy seeds from various cooperatives, seed centres, agro-vets, and other places. The government-owned Agriculture Inputs Company Limited has also started distributing paddy seeds to farmers from Kathmandu, Bhairahawa, Dhangadhi, Nepalgunj, Birgunj, and Hetauda. Out of its stock of 800 metric tons of paddy seeds, the company has so far distributed 500 metric tons of seeds.<br />
Around 70,000 metric tons of paddy seeds are required annually for a total of 1.35 million hectares of arable land in Nepal. Private companies and entrepreneurs supply a large amount of seed. It is estimated that Nepali companies produce 10,000 metric tons of paddy seeds annually.<br />
Seeds of local rice species such as Savitri, Sonamansuli, Makwanpur, and Basmati are produced in Nepal while hybrid seeds are imported from India and China. Nepal imports about 68 varieties of hybrid rice seeds from abroad annually.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt">According to Chhotelal Prasad Lohar, central vice president of the Seed Entrepreneurs&#39; Association, seed traders of Nepal started to import paddy seeds from India about two weeks ago to provide them to the farmers on time amid the pandemic.<br />
According to him, the farmers of Banke, Bardiya, Dang, Chitwan, Siraha, Saptari, and other districts are demanding seeds at present. &quot;Farmers were not able to get seeds on time due to the lockdown last year. Therefore, the farmers have started to make arrangements for seeds quite early this year to avoid such problems,&rdquo; he said.<br />
Mitra Raj Dawadi, the outgoing president of the Seed Producers&#39; Association, said that the farmers are also worried as Nepali seed companies have produced fewer seeds this year than last year. According to him, 8,000 metric tons of seeds were produced last year, while 10,000 metric tons were produced the previous year. Seed production has declined in Nepal due to damage to caused by certain crop diseases.</span></span></span></p>
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	(int) 13 => array(
		'Article' => array(
			'id' => '13381',
			'article_category_id' => '1',
			'title' => 'FNCCI sets up Help Desk to Facilitate Covid-19 Treatment ',
			'sub_title' => '',
			'summary' => 'May 12:  The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19. ',
			'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt">May 12:&nbsp; The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19.&nbsp;<br />
Issuing a statement on Wednesday, the FNCCI said that its recent meeting decided to establish the Help Desk to facilitate desperate people receive various healthcare services including oxygen cylinder, ambulance and isolation for Covid-19 patients. &nbsp;&nbsp;<br />
According to the statement, the Help Desk will coordinate with respective agencies to provide Covid-19 treatment and related services to its members, industrialists, business people as well as to the general public. &nbsp;Those who want to get the service can request the Held Desk by sending text or making phone call at 9801096812 or 9801192591, according to the statement.<br />
&ldquo;Those who are in problem or seeking help or facilitation for Covid-19 treatment are getting the services from the Help Desk,&rdquo; read the statement.<br />
FNCCI said that the Help Desk is a part of its FNCCI Operation COVID-19 Relief Nepal Campaign that it recently launched.<br />
Earlier on Saturday, the FNCCI had launched the &lsquo;Hello Doctor&rsquo; service to provide free health counseling to Covid-19 patients via Viber video calls. &nbsp;&nbsp;</span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 14 => array(
		'Article' => array(
			'id' => '13380',
			'article_category_id' => '1',
			'title' => 'SC Issues Interim Order to Ensure Oxygen Supply',
			'sub_title' => '',
			'summary' => 'May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19.     ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:&quot;Arial Unicode MS&quot;">May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;">A single bench of Justice Bam Kumar Shrestha issued the order to ensure smooth supply of medicines and oxygen as well as develop hospital infrastructures immediately.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:&quot;Arial Unicode MS&quot;">The court order instructs the government to &ldquo;take necessary initiative towards further enhancing hospitals and to ensure smooth supply of drugs and oxygen necessary for the treatment of COVID-19 patients&rdquo;.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;">The order further tells the government to make sure the deployment of necessary human resources keeping in mind the flow of patients in the hospitals.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;">The Supreme Court has also directed the government to form a working committee representing all stakeholders to resolve the problems faced by the public.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:&quot;Arial Unicode MS&quot;">The apex court has also instructed the government to submit a written explanation within 15 days regarding the lack of oxygen in hospitals across the country. </span></span></span></p>
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		'Article' => array(
			'id' => '13396',
			'article_category_id' => '1',
			'title' => 'Social Security Fund providing Covid-19 treatment cost to its contributors ',
			'sub_title' => ' SSF bearing up to Rs 80,000 out of total treatment expenses of Rs 100,000 ',
			'summary' => 'Social Security Fund (SSF) is providing treatment cost for Covid-19 to its contributors.',
			'content' => '<p>May 15:&nbsp;Social Security Fund (SSF) is providing treatment cost for Covid-19 to its contributors. According to the SSF, it will bear treatment cost to its contributors if they are infected with coronavirus.&nbsp;</p>

<p>Kapilmani Gyawali, Executive Director of the SSF, said that the Fund will provide treatment cost to its contributors for Covid-19 under its medical treatment, health and maternity protection scheme.&nbsp;However, the limit for the compensation will be Rs 80,000 out of total treatment cost of Rs 100,000, according to SSF&rsquo;s executive director Gyawali. He said that the contributor should bear 20 percent of the total treatment expenses.</p>

<p>&quot;With the onset of the second wave of the pandemic, some contributors who were infected with coronavirus have already started claiming the compensation. We will&nbsp;gradually settle the claims&quot;, said Gyawali.&nbsp;</p>

<p>Though the facility of direct discount of 80 percent of the total treatment cost up to the limit of Rs 100,000 is yet to be implemented, contributors should come to SSF to claim the compensation, according to Gyawali. &nbsp;He also said that the SSF is preparing to implement the facility of direct discount from the hospital from mid July. It has already signed agreement with 105 hospitals to provide such facility for the SSF contributors.&nbsp;</p>

<p>The SSF has not halted the settlement of claims even during the pandemic, he said. According to the SSF, it has provided Rs 32 million in compensation to 1,567 contributors for 2,524 claims under its medical treatment, health and maternity protection scheme.&nbsp;</p>

<p>Meanwhile, there has not been any decline in the number of employers and contributors signing up for the SSF even during Covid-19. According to the SSF&rsquo;s data, 13,845 employers have registered with the SSF as of Wednesday to list a total of 202,353 employees in the Fund.</p>

<p>The contributory-based SSF was launched in November 2018 to bring private and non-governmental sector workers under the social security net. Under the SSF scheme which has been made compulsory for private sector, 31 percent of a listed contributor&rsquo;s basic salary&mdash;11 percent of employees&rsquo;s salary along&nbsp;with 20 percent contribution from the employer&mdash;is deposited in the SSF every month. Such contributors are entitled to get benefits from medical treatment, health protection and maternity plan, accidents and disability plan, dependent family plan and old-age security plan of the SSF.&nbsp;<br />
&nbsp;</p>
',
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			'created' => '2021-05-15',
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			'sortorder' => '13141',
			'image' => '20210515024244_Social Security Fund.jpg',
			'article_date' => '2021-05-15 14:40:08',
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		'Article' => array(
			'id' => '13395',
			'article_category_id' => '1',
			'title' => 'Budget will focus on combating Covid-19, says Finance Minister Paudel ',
			'sub_title' => 'Finance Minister Paudel approves Rs 58.32 million to three hospitals for the installment of oxygen plant and pipeline as the first decision after reappointment to the post ',
			'summary' => 'Minister for Finance Bishnu Prasad Paudel has said that the government is preparing to introduce a budget for the upcoming fiscal year 2021/22 that focuses on combating the Covid-19. ',
			'content' => '<p>May 15:&nbsp; Minister for Finance Bishnu Prasad Paudel has said that the government is preparing to introduce a budget for the upcoming fiscal year 2021/22 that focuses on combating the Covid-19.&nbsp;</p>

<p>Assuming the office on Friday after getting reappointed as Finance Minister, he said that the government would mobilize all available resources to address the crisis caused by the pandemic.&nbsp;<br />
He said that the preparation of the budget for the upcoming fiscal year has reached the final stage.&nbsp;</p>

<p>The budget would address the current health crisis as well as revive the economy hit by the pandemic, Finance Minister Paudel said.&nbsp;He also expressed his commitment to ensure resources to ramp up Covid-19 tests and provide treatment to all patients.&nbsp;</p>

<p>Finance Minister Paudel will table the budget in the federal parliament on May 29 as per a provision in the constitution. &nbsp;</p>

<p>Meanwhile, Finance Minister Paudel approved a decision to release Rs 58.32 million to Dadeldhura Hospital, Patan Academy of Health Sciences and Bheri Hospital for the installment of oxygen plant and pipeline, according to a statement issued by the MoF.&nbsp;</p>

<p>Prime Minister KP Sharma Oli, after getting reappointed on Thursday as the leader of the largest political party in the House of Representatives, had expanded his cabinet on Friday after taking oath of office from President Bidya Devi Bhandari.&nbsp;He had reappointed 22 ministers and three state ministers including Paudel and assigned them the same portfolio that they had held in the previous cabinet. &nbsp;</p>
',
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			'keywords' => '',
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			'sortorder' => '13140',
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			'article_date' => '2021-05-15 11:40:06',
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		'Article' => array(
			'id' => '13393',
			'article_category_id' => '1',
			'title' => 'NEA to follow its previous decision to collect dues of dedicated feeder, trunk line from industries',
			'sub_title' => '',
			'summary' => 'Nepal Electricity Authority (NEA) has decided to implement its previous decision on recovering outstanding dues from industries for using electricity from dedicated feeders and trunkline lines,',
			'content' => '<p>May 14:&nbsp;Nepal Electricity Authority (NEA) has decided to implement its previous decision on recovering outstanding dues from industries for using electricity through&nbsp;dedicated feeders and trunk&nbsp;lines, ignoring an instruction issued by the Parliamentary Accounts Committee (PAC).&nbsp;<br />
A meeting of NEA&#39;s board of directors held recently decided to collect the outstanding dues as per its earlier decision.</p>

<p>In the month of February, NEA had decided to collect electricity dues from the industrialists by mid-July. It had warned industrialists of slapping a penalty if they fail to settle it by mid July.</p>

<p>However, on April 4, PAC directed the Nepal Electricity Authority (NEA) through the Ministry of Energy to collect the outstanding electricity dues from the industrialists within a month.</p>

<p>Ignoring the PAC directive, NEA now wants to collect&nbsp;the tariffs as per its earlier decision, citing the impact of pandemic on businesses and industries. NEA has also sent a letter to the PAC seeking another favorable instruction from the parliamentary committee considering the adverse impacts of current pandemic and subsequent prohibitory orders imposed by local administrations.&nbsp;</p>

<p>Rameshwor Poudel, an ex-officio member in the NEA board, said that the board meeting decided to implement its previous decision related to the settlement of outstanding dues from industrialists for using electricity from trunkline and dedicated feeders due to the pandemic.&nbsp;</p>

<p>&quot;The PAC had asked to collect the dues within a month. We had to comply&nbsp;with the parliamentary committee&rsquo;s instruction. But, recent prohibitory orders imposed to control the second wave of coronavirus have hit industries,&rdquo; said Poudel. &nbsp;&ldquo;In such a case, the implementation of the PAC directive was going to become difficult. So, we were compelled to act according to the previous decision made by the board,&quot; he said.&nbsp;</p>

<p>Poudel said NEA will act in a way that will not further affect the industries which have already been hit hard by the pandemic. &ldquo;But, if the PAC again issues us a directive to collect the dues within a month (mid June), we will act accordingly,&rdquo; he added.&nbsp;</p>

<p><br />
There is a long dispute between industrialists and the NEA over the settlement of dues for using electricity from dedicated feeders and trunk lines. &nbsp;</p>

<p>Earlier on July 21, the PAC had formed a sub-committee led by lawmaker Minendra Rijal to look into the issue of dedicated electricity tariff. Based on the report, the PAC, on April 4, instructed the government to collect all dues within a month. There was a total of Rs 10.14 billion outstanding dues that industrialists owe to the NEA.&nbsp;<br />
NEA had supplied electricity to industries through dedicated feeder and trunk lines by charging a premium of 65 percent in the electricity tariffs. The NEA, which did not have authority to fix tariff, had got approval of its tariff rates from the then Electricity Tariff Fixation Commission in February 2016.&nbsp;<br />
Industrialists are at odds with the NEA over the tariffs that NEA has fixed prior to the approval from the Commission. &nbsp;&nbsp;</p>

<p>Some industrialists even claim that the NEA has&nbsp;billed them&nbsp;for the electricity that their industries&nbsp;did not use during the load shedding.<br />
&nbsp;</p>
',
			'published' => true,
			'created' => '2021-05-14',
			'modified' => '2021-05-14',
			'keywords' => '',
			'description' => '',
			'sortorder' => '13138',
			'image' => '20210514031053_NEA.jpg',
			'article_date' => '2021-05-14 15:08:27',
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		'Article' => array(
			'id' => '13392',
			'article_category_id' => '1',
			'title' => 'Banks limit their operation to five essential services during prohibitory period ',
			'sub_title' => ' Urging people to use digital banking, banks limit their services to cash withdrawal, deposit of cash, fund transfer (cheque/ IPS/ RTGS), remittance payment and international trade ',
			'summary' => 'Nepal Bankers' Association (NBA) has said that commercial banks will now provide only five services to their clients. ',
			'content' => '<p>May 14:&nbsp; Nepal Bankers&#39; Association (NBA) has said that commercial banks will now provide only five services to their clients.&nbsp;</p>

<p>Issuing a statement on Thursday, NBA&mdash;the umbrella organization of commercial banks&mdash;said that its members will offer only five essential banking services to the public during the prohibitory period. &nbsp;</p>

<p>The decision to limit services to the public through their offices or branches is aimed at avoiding crowd in banks and curbing risks of coronavirus infection, according to the statement.&nbsp;</p>

<p>Bank services will now be limited to cash withdrawal, deposit of cash, fund transfer (cheque/ IPS/ RTGS), remittance payment and international trade. Banks have also set a minimum limit for the cash deposit. Only cash above Rs 50,000 will be deposited in bank branches, according to the NBA.</p>

<p>However, the NBA also said that clients can make phone call to their respective branch if they urgently need&nbsp;any other services.&nbsp;</p>

<p>Urging people to embrace digital banking services in line with the government&rsquo;s request to stay at home during the prohibitory&nbsp;period, NBA also said that they can make phone call or email to their respective banks if they face any problem or require any assistance for online or mobile banking transactions. &nbsp;&nbsp;</p>

<p>All ATMs and call centers will remain open as usual, according to the NBA.&nbsp;</p>
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			'image' => '20210514124201_NBA.jpg',
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		'Article' => array(
			'id' => '13391',
			'article_category_id' => '266',
			'title' => 'Kathmandu's Legendary five-star hotel will be rebranded "The Soaltee Kathmandu"',
			'sub_title' => '',
			'summary' => 'Kathmandu's Legendary five-star hotel will be rebranded "The Soaltee Kathmandu"',
			'content' => '<p><img alt="" src="/app/webroot/userfiles/images/Press%20release%20of%20English%20of%20The%20Soaltee%20KAthmandu-1.jpg" style="height:1202px; width:850px" /></p>

<p><img alt="" src="/app/webroot/userfiles/images/Press%20release%20of%20English%20of%20The%20Soaltee%20KAthmandu-2.jpg" style="height:1202px; width:850px" /></p>
',
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			'created' => '2021-05-14',
			'modified' => '2021-05-14',
			'keywords' => '',
			'description' => '',
			'sortorder' => '13136',
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			'article_date' => '2021-05-14 11:15:47',
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			'user_id' => '10'
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		'Article' => array(
			'id' => '13389',
			'article_category_id' => '1',
			'title' => 'KP Sharma Oli reappointed as Nepal’s PM after three days of losing vote of confidence in parliament ',
			'sub_title' => ' President Bhandari scheduled to administer oath of office to PM Oli on Friday ',
			'summary' => 'After three days of losing vote of cofidence in the House of Representatives, CPN (UML) Chairman KP Sharma Oli has been appointed as the Prime Minister of the country again. ',
			'content' => '<p>May 13:&nbsp;After three days of losing vote of confidence in the House of Representatives, CPN (UML) Chairman KP Sharma Oli has been appointed as the Prime Minister of the country again.&nbsp;<br />
President Bidya Devi Bhandari appointed Oli as the Prime Minister as per the Article 76 (3) of the constitution after nobody laid a claim to the post to form the majority government, according to a notice issued by the Office of the President.&nbsp;</p>

<p>Though the President Bhandari had given political parties until Thursday (9 PM) to form the majority government as per the the Article 76 (2) of the constitution, there was no claim for the post of Prime Minister.&nbsp;</p>

<p>Oli became the new Prime Minister based on the Article 76 (3) which allows the President the authority to appoint&nbsp;the leader of the party with the highest number of members in the House of Representatives as the Prime Minister if the majority government could not be formed.&nbsp;</p>

<p>This is Oli&rsquo;s third stint as the Prime Minister. President Bhandari is scheduled to administer oath of office to Prime Minister Oli tommorrow, according to a source at the Office of President. The Prime Minister will now have to receive the vote of confidence of the House of Representatives within 30 days.</p>

<p>Earlier on Monday, President Bhandari had called any member of the House to claim majority in the parliament with the support of two or more than two parties by Thursday to get appointed as the new Prime Minister of the country. &nbsp;&nbsp;</p>

<p>Though the Nepali Congress, the main opposition party, initially showed its interest to form the majority government, it abandoned the plan on Thursday after concluding that it would fail to garner enough votes from other political parties.&nbsp;</p>
',
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			'created' => '2021-05-13',
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			'sortorder' => '13134',
			'image' => '20210513114158_20200307030714_Clipboard04.jpg',
			'article_date' => '2021-05-13 23:39:11',
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		'Article' => array(
			'id' => '13388',
			'article_category_id' => '1',
			'title' => 'AI Calls for Urgent Action in South Asia to Combat Deadly COVID-19 Surge ',
			'sub_title' => '',
			'summary' => 'May 13: Amnesty International has drawn the attention of governments across South Asia to immediately address healthcare shortages and urgently strengthen their healthcare systems to respond to the rapid surge of COVID-19 cases in the region.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">May 13: Amnesty International has drawn the attention of governments across South Asia to immediately address healthcare shortages and urgently strengthen their healthcare systems to respond to the rapid surge of COVID-19 cases in the region.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">With India and Nepal&rsquo;s healthcare systems reaching breaking point, the human rights organization expressed its concern over the lack of preparedness of other countries in the region for the virus&rsquo;s latest and most deadly wave. Extremely low vaccination rates across South Asia have also left the region highly vulnerable, with pressing action needed at the global level to ensure more equitable access to vaccines, AI said in a statement on Thursday (May 13).</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">&ldquo;The human catastrophe that is unfolding in India and Nepal should be a warning to other countries in the region to invest heavily in surge capacity for an emergency response. The virus is spreading and transcending borders at a frightening speed and will continue to hit the region&rsquo;s most marginalized populations hardest of all,&rdquo; said Yamini Mishra, Amnesty International&rsquo;s Asia- Pacific Director.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">&ldquo;We are at a critical point. Fewer than one in ten of the region&rsquo;s population has been vaccinated. The decisions taken by governments in South Asia and across the world in the coming days and weeks will be crucial in mitigating the human cost of this latest surge.&rdquo;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">South Asia, home to a quarter of the world&rsquo;s population, is fast becoming the new global epicentre of the COVID-19 pandemic, AI further said. On May 6, India reported more than 400,000 new cases in one day, taking its total tally of confirmed cases to 21.5 million, though this is likely to be a significant underestimate. As the disease ravages India, several south Asian nations are also facing a resurgence of cases.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">Nepal, which shares a porous border with India, has already started to experience a massive spike in infections. According to WHO figures, daily cases increased 30-fold from 303 to 9,317, or an increase of 2,975 percent, </span></span><span style="font-size:15.0pt"><span style="font-family:Calibri">between April 12 and May 12</span></span><span style="font-size:15.0pt"><span style="font-family:Times">. On Tuesday, Nepal recorded another 9,317 cases, bringing its total to 413,111, the statement added.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">With India stopping exports of oxygen, Nepal is struggling to find alternative supplies. To make matters worse, Nepal is also in the midst of political upheaval, with its Prime Minister having lost a vote of confidence and parties failing to form a government.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">&ldquo;We have seen how shortages of oxygen, hospital beds, human resources and essential medicines pushed the already under-resourced healthcare response of India over the edge. Now a similar worrying trend is emerging in Nepal,&rdquo; said Yamini Mishra.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">&ldquo;This is not the time for Nepal&rsquo;s politicians to indulge in political wrangling and infighting. What the country needs right now is unity and leadership to address the growing crisis.&rdquo;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">Amnesty International also called on the international community to show solidarity and fulfil its human rights obligations to provide cooperation and assistance, by providing lifesaving medical tools and removing legal uncertainties and barriers that may impede the production and supply of vaccines as the disease continues to ravage the region.</span></span></span></span></p>

<p>&nbsp;</p>
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			'sortorder' => '13133',
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			'id' => '13387',
			'article_category_id' => '1',
			'title' => 'NIBL, Himalayan Bank Announce Merger with a Prospect of Forming the Biggest Commercial Bank ',
			'sub_title' => '',
			'summary' => 'May 13: Nepal Investment Bank Limited (NIBL) and Himalayan Bank Limited (HBL) have announced their merger.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">May 13: Nepal Investment Bank Limited (NIBL) and Himalayan Bank Limited (HBL) have announced their merger with the &ldquo;intention&rdquo; of strengthening the banking sector of Nepal in line with Nepal Rastra Bank&rsquo;s (NRB) Merger and Acquisition Policy.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">Issuing a joint statement on Thursday, the two commercial banks said they have signed a Memorandum of Understanding (MoU) for the merger. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">According to the statement, Chairman of Nepal Investment Bank Prithvi Bahadur Pand&eacute; and the Chairman of Himalayan Bank Tulsi Prasad Gautam signed the MoU on Thursday, May 13. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">This development has officially paved the way to complete formalities before the process of the start of joint operations between the two commercial banks, added the statement.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">After the merger, the banks will be known with the name &ldquo;Himalayan and Nepal Investment Bank Ltd&rdquo;. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">Prithvi Bahadur Pand&eacute; will retain the post of the bank&rsquo;s chairman while Ashoke SJB Rana will be the Chief Executive Officer (CEO). &nbsp;Similarly, after the merger, the board members will be comprised of three members each from both the banks and also an independent member for a total of seven board members.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">In the joint statement, the two banks claimed that the new entity after merger will be the biggest commercial bank in the history of the Nepalese banking industry. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">At present, the paid-up capital of Nepal Investment Bank stands at Rs 16.26 billion whereas Himalayan Bank&rsquo;s paid-up capital amounts to Rs 10.68 billion. After the merger the combined paid-up capital of the banks will reach a staggering Rs 26.14 billion making it the bank with the highest paid-up capital in the country. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">Similarly, combining the assets, loans and deposits of both banks will elevate the bank into unparalleled heights, added the statement. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">The joint statement further said that the bank will hope to retain the confidence of its stakeholders and shareholders through this major development and also continue to provide exemplary services to its clients post&ndash;merger.</span></span></span></p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '13386',
			'article_category_id' => '1',
			'title' => 'Government Prepares for Full Implementation of One-Door System in Foreign Trade',
			'sub_title' => '',
			'summary' => 'May 13: The government is preparing to fully implement a one-door system to promote transparency and automation of foreign trade. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">May 13: The government is preparing to fully implement a one-door system to promote transparency and automation of foreign trade. The Department of Customs has connected all the concerned bodies to Nepal National One-Door System to make import-export paperless.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Surya Sedhai, director of the One-Door System Project Implementation Unit, said that the government will facilitate foreign trade by linking 40 bodies and concerned parties with each other.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The system was inaugurated on January 25 on the occasion of the International Customs Day. Sedhai informed that they have intensified the work of linking all the concerned bodies in this system.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Initially, the Food and Quality Control Department, Department of Livestock Services, Plant Quarantine and Pesticide Management Center were included in the system. Lately, a memorandum of understanding has been signed with Nepal Rastra Bank and private sector organizations to bring them under a one-door system.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The government has also reached an agreement with the </span></span></span></span><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Federation of Nepalese Chambers of Commerce and Industry, the Confederation of Nepalese Industries, Nepal Chamber of Commerce and the Federation of Nepal Handicrafts to integrate them into the system. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">&ldquo;These organizations issue certificates of origin in the export process. It has been agreed to provide such certificate through online medium,&rdquo; Sedhai informed New Business Age.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">A one-door system has been introduced to connect all service providers and service seekers related to import and export through online medium. The process of developing infrastructure work was started from 2019. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The full implementation of this system was scheduled for 2021/22 but it has been affected due to the COVID-19 pandemic.</span></span> <span style="font-size:14.0pt"><span style="font-family:Arial">The trial of this system was scheduled for last November which had to be put off due to the pandemic. The full implementation of the system has now been slated for upcoming November.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria">&nbsp;<span style="font-size:14.0pt"><span style="font-family:Arial">According to the department, import and export permits, banking process, revenue payment, customs clearance among others will be completed via online platform in this system. Since all the required processes will be done online by importers as well as the government and private bodies, it is expected to foster transparency, says Shyam Prasad Bhandari, coordinator of the project implementation unit.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The department says it is focused on trade facilitation, increasing efficiency in revenue collection and making social security effective through the one-door system. The one-door customs clearance is an electronic platform designed to facilitate all stakeholders. This allows all parties involved in international trade and transit to submit documents and information from a single entry point.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Customs officials claim that there will be no direct contact between the service provider and the service seekers once the system becomes fully operational. This will save time and cost of trade. Likewise, the hassle of going to various agencies to get documents for import and export will also come to an end.</span></span></span></span></p>

<p>&nbsp;</p>
',
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	(int) 9 => array(
		'Article' => array(
			'id' => '13385',
			'article_category_id' => '1',
			'title' => '25 Percent of Cement Industries Closed',
			'sub_title' => '',
			'summary' => 'May 13: The production capacity of construction companies has started to decline with the onset of the second wave of Coronavirus (Covid-19) and prohibition order issued by the government to stop the disease from spreading.  ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">May 13: The production capacity of construction companies has started to decline with the onset of the second wave of Coronavirus (Covid-19) and prohibition order issued by the government to stop the disease from spreading.&nbsp; At present, 25 percent of the cement industries have been shut down due to the fear of infection, while 75 percent of the operating industries are producing at minimum capacity.<br />
Iron industries have also reduced production to 10-12 hours per day. Entrepreneurs say that they have not been able to pay much attention to production at a time when the main challenge is to save people&#39;s lives and remain free from infection.<br />
Chairman of Nepal Cement Producers&#39; Association, Dhruva Thapa, says that production of cement and its demand have dropped sharply since the prohibitory order was issued.<br />
&quot;Even though the production capacity has been reduced, some industries are still operating,&quot; he said, adding, &quot;About 25 percent of the industries have been shut down due to the lack of workers.&quot;<br />
Thapa said that the demand for cement and steel has also declined as workers are afraid to go to construction sites. He estimates that the demand for these construction materials has dropped by 50 percent. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">Sources claim that most of the steel industries are also closed. These industries require oxygen cylinders. However, industries have supplied oxygen cylinders for the treatment of Covid-19 patients.<br />
Dhruba Kumar Shrestha, vice-chairman of Panchakanya Group, said that his company has arranged food and shelter for the workers within the factory premises.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">&quot;We cannot shut the factory, the workers have to be paid or else they will starve. However, we have not been able to produce at full capacity like before,&quot; Shrestha said.<br />
He said that they are facing difficulty in supplying their products even though there was some demand.<br />
President of the Federation of Grill and Steel Entrepreneurs of Nepal Mohan Katuwal said that the production of grill and steel has dropped to 15 to 20 percent.<br />
Katuwal, who is also the commodity vice-president of the Federation of Nepalese Small and Household Industries, said that industries other than agriculture, livestock, dairy, and essential food have started to shut down.<br />
&quot;Currently, local products have not found any market,&quot; he said.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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	(int) 10 => array(
		'Article' => array(
			'id' => '13384',
			'article_category_id' => '1',
			'title' => '70 Climbers Scale Everest in a Day',
			'sub_title' => '',
			'summary' => '',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">May 13:<strong><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;"> </span></span></strong>A total of 70 climbers summited Mount Everest, the highest mountain in the world, on Wednesday, the state-owned national news agency RSS reported citing the Department of Tourism.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Director of the Department of Tourism Mira Acharya, who is currently at the Everest Base Camp, informed that 70 climbers from various countries reached atop the 8,846.86 metres- mountain in a single day.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">A 12-member rope-fixing team (also known as the Icefall Doctors) led by renowned Everest climber Kamirita Sherpa had reached the summit of Everest on the evening of May 7, opening the door of the summit to a total of 408 aspiring climbers who had obtained permission for this year&rsquo;s spring season expedition.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Since then, a total of 182 climbers have set their feet on the top of Everest, RSS further reported. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">The spring season is the most favourable season for climbing Everest and the window is open until the end of May.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Last year, mountain expedition was closed due to the emergence of coronavirus. But the expedition is underway this year despite a surge in second wave of Covid-19.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mountaineering is one of the major source of income of the country and the people, especially the Sherpas, involved in this sector.</span></span></span></span></p>
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		'Article' => array(
			'id' => '13383',
			'article_category_id' => '1',
			'title' => ' Nepal’s remittances rise 16.5% to Rs 729 billion in nine months of current fiscal year ',
			'sub_title' => 'Workers’ shift to formal channel to send money, decline in remittances inflow in corresponding period of last fiscal year attributed to the recent growth ',
			'summary' => ' Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year 2020/21. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt">May 12:&nbsp;Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year (FY 2020/21).&nbsp;<br />
According to the &lsquo;Current Macroeconomic and Financial Situation of Nepal&rsquo; released by the Nepal Rastra Bank (NRB) on Wednesday, the total amount of remittances received in the review period is 16.5 percent higher than what the country had received from Nepalis working abroad in the corresponding period&nbsp;of the last fiscal year.&nbsp;<br />
In terms of US dollar, inflow of remittances grew 13 percent to $6.19 billion in mid-April.&nbsp;<br />
Despite Covid-19 crisis and fall in the number of Nepali migrant workers leaving for foreign employment, Nepal&rsquo;s remittances growth has remained robust.&nbsp;<br />
NRB officials say that a number of factors including the increased formalization of remittances inflow, transfer of accumulated savings by workers and cash transfers offered by some developed countries &nbsp;have contributed to the growth of remittances in Nepal.&nbsp;<br />
&ldquo;If we see the figures, the remittances growth was negative in the corresponding period of the last fiscal year. Even a little increment in workers&rsquo; transfers also leads to higher growth,&rdquo; said Prakash Shrestha, an executive director at the NRB. On a year-on-year basis, remittance inflow had declined 4 percent in mid April last year, according to the NRB data.&nbsp;<br />
&nbsp;&ldquo;But, the overall trend shows that the remittance growth remains robust despite global economic downturns,&rdquo; said Shrestha, who heads the Economic Research Department of the NRB. &nbsp;<br />
According to Shrestha, the growing shift of Nepali workers to formal channel from informal channel to transfer money due to the restrictions and lockdowns in various countries as well as crackdown against Hundi in Nepal also caused the growth&nbsp;in remittance figures.&nbsp;<br />
Shrestha said that the earnings of Nepali workers were not much hit as feared earlier as many economies including the Gulf region started to observe a recovery from the pandemic-induced recessions.&nbsp;&nbsp;&nbsp;<br />
&ldquo;Another factor that has driven up remittances is cash transfer by governments in developed countries including the US. Those who were able to save the cash due to lower expenses amid containment measures have sent money to their families here in Nepal,&rdquo; added Shrestha.&nbsp;<br />
The World Bank, in its recent South Asia Focus, said that the remittances growth in 2020 was mainly due to channelization of remittances through formal system.&nbsp;<br />
&ldquo;The September 2019 policy changes made it easier for migrants to open bank accounts, which may have facilitated a shift from unrecorded to recorded remittances,&rdquo; read the report.</span></span></span></p>
',
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			'article_date' => '2021-05-12 20:15:11',
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	(int) 12 => array(
		'Article' => array(
			'id' => '13382',
			'article_category_id' => '1',
			'title' => 'Farmers Seek Paddy Seeds Well Ahead of Plantation Season',
			'sub_title' => '',
			'summary' => 'May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season. Fearing that the seeds would not be available on time due to the prohibitory order, they have started to search for paddy seeds well ahead of the plantation season.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">Farmers have started to buy paddy seeds from various cooperatives, seed centres, agro-vets, and other places. The government-owned Agriculture Inputs Company Limited has also started distributing paddy seeds to farmers from Kathmandu, Bhairahawa, Dhangadhi, Nepalgunj, Birgunj, and Hetauda. Out of its stock of 800 metric tons of paddy seeds, the company has so far distributed 500 metric tons of seeds.<br />
Around 70,000 metric tons of paddy seeds are required annually for a total of 1.35 million hectares of arable land in Nepal. Private companies and entrepreneurs supply a large amount of seed. It is estimated that Nepali companies produce 10,000 metric tons of paddy seeds annually.<br />
Seeds of local rice species such as Savitri, Sonamansuli, Makwanpur, and Basmati are produced in Nepal while hybrid seeds are imported from India and China. Nepal imports about 68 varieties of hybrid rice seeds from abroad annually.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt">According to Chhotelal Prasad Lohar, central vice president of the Seed Entrepreneurs&#39; Association, seed traders of Nepal started to import paddy seeds from India about two weeks ago to provide them to the farmers on time amid the pandemic.<br />
According to him, the farmers of Banke, Bardiya, Dang, Chitwan, Siraha, Saptari, and other districts are demanding seeds at present. &quot;Farmers were not able to get seeds on time due to the lockdown last year. Therefore, the farmers have started to make arrangements for seeds quite early this year to avoid such problems,&rdquo; he said.<br />
Mitra Raj Dawadi, the outgoing president of the Seed Producers&#39; Association, said that the farmers are also worried as Nepali seed companies have produced fewer seeds this year than last year. According to him, 8,000 metric tons of seeds were produced last year, while 10,000 metric tons were produced the previous year. Seed production has declined in Nepal due to damage to caused by certain crop diseases.</span></span></span></p>
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	(int) 13 => array(
		'Article' => array(
			'id' => '13381',
			'article_category_id' => '1',
			'title' => 'FNCCI sets up Help Desk to Facilitate Covid-19 Treatment ',
			'sub_title' => '',
			'summary' => 'May 12:  The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19. ',
			'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt">May 12:&nbsp; The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19.&nbsp;<br />
Issuing a statement on Wednesday, the FNCCI said that its recent meeting decided to establish the Help Desk to facilitate desperate people receive various healthcare services including oxygen cylinder, ambulance and isolation for Covid-19 patients. &nbsp;&nbsp;<br />
According to the statement, the Help Desk will coordinate with respective agencies to provide Covid-19 treatment and related services to its members, industrialists, business people as well as to the general public. &nbsp;Those who want to get the service can request the Held Desk by sending text or making phone call at 9801096812 or 9801192591, according to the statement.<br />
&ldquo;Those who are in problem or seeking help or facilitation for Covid-19 treatment are getting the services from the Help Desk,&rdquo; read the statement.<br />
FNCCI said that the Help Desk is a part of its FNCCI Operation COVID-19 Relief Nepal Campaign that it recently launched.<br />
Earlier on Saturday, the FNCCI had launched the &lsquo;Hello Doctor&rsquo; service to provide free health counseling to Covid-19 patients via Viber video calls. &nbsp;&nbsp;</span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '13380',
			'article_category_id' => '1',
			'title' => 'SC Issues Interim Order to Ensure Oxygen Supply',
			'sub_title' => '',
			'summary' => 'May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19.     ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:&quot;Arial Unicode MS&quot;">May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;">A single bench of Justice Bam Kumar Shrestha issued the order to ensure smooth supply of medicines and oxygen as well as develop hospital infrastructures immediately.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:&quot;Arial Unicode MS&quot;">The court order instructs the government to &ldquo;take necessary initiative towards further enhancing hospitals and to ensure smooth supply of drugs and oxygen necessary for the treatment of COVID-19 patients&rdquo;.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;">The order further tells the government to make sure the deployment of necessary human resources keeping in mind the flow of patients in the hospitals.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;">The Supreme Court has also directed the government to form a working committee representing all stakeholders to resolve the problems faced by the public.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:&quot;Arial Unicode MS&quot;">The apex court has also instructed the government to submit a written explanation within 15 days regarding the lack of oxygen in hospitals across the country. </span></span></span></p>
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		'Article' => array(
			'id' => '13396',
			'article_category_id' => '1',
			'title' => 'Social Security Fund providing Covid-19 treatment cost to its contributors ',
			'sub_title' => ' SSF bearing up to Rs 80,000 out of total treatment expenses of Rs 100,000 ',
			'summary' => 'Social Security Fund (SSF) is providing treatment cost for Covid-19 to its contributors.',
			'content' => '<p>May 15:&nbsp;Social Security Fund (SSF) is providing treatment cost for Covid-19 to its contributors. According to the SSF, it will bear treatment cost to its contributors if they are infected with coronavirus.&nbsp;</p>

<p>Kapilmani Gyawali, Executive Director of the SSF, said that the Fund will provide treatment cost to its contributors for Covid-19 under its medical treatment, health and maternity protection scheme.&nbsp;However, the limit for the compensation will be Rs 80,000 out of total treatment cost of Rs 100,000, according to SSF&rsquo;s executive director Gyawali. He said that the contributor should bear 20 percent of the total treatment expenses.</p>

<p>&quot;With the onset of the second wave of the pandemic, some contributors who were infected with coronavirus have already started claiming the compensation. We will&nbsp;gradually settle the claims&quot;, said Gyawali.&nbsp;</p>

<p>Though the facility of direct discount of 80 percent of the total treatment cost up to the limit of Rs 100,000 is yet to be implemented, contributors should come to SSF to claim the compensation, according to Gyawali. &nbsp;He also said that the SSF is preparing to implement the facility of direct discount from the hospital from mid July. It has already signed agreement with 105 hospitals to provide such facility for the SSF contributors.&nbsp;</p>

<p>The SSF has not halted the settlement of claims even during the pandemic, he said. According to the SSF, it has provided Rs 32 million in compensation to 1,567 contributors for 2,524 claims under its medical treatment, health and maternity protection scheme.&nbsp;</p>

<p>Meanwhile, there has not been any decline in the number of employers and contributors signing up for the SSF even during Covid-19. According to the SSF&rsquo;s data, 13,845 employers have registered with the SSF as of Wednesday to list a total of 202,353 employees in the Fund.</p>

<p>The contributory-based SSF was launched in November 2018 to bring private and non-governmental sector workers under the social security net. Under the SSF scheme which has been made compulsory for private sector, 31 percent of a listed contributor&rsquo;s basic salary&mdash;11 percent of employees&rsquo;s salary along&nbsp;with 20 percent contribution from the employer&mdash;is deposited in the SSF every month. Such contributors are entitled to get benefits from medical treatment, health protection and maternity plan, accidents and disability plan, dependent family plan and old-age security plan of the SSF.&nbsp;<br />
&nbsp;</p>
',
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			'sortorder' => '13141',
			'image' => '20210515024244_Social Security Fund.jpg',
			'article_date' => '2021-05-15 14:40:08',
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		'Article' => array(
			'id' => '13395',
			'article_category_id' => '1',
			'title' => 'Budget will focus on combating Covid-19, says Finance Minister Paudel ',
			'sub_title' => 'Finance Minister Paudel approves Rs 58.32 million to three hospitals for the installment of oxygen plant and pipeline as the first decision after reappointment to the post ',
			'summary' => 'Minister for Finance Bishnu Prasad Paudel has said that the government is preparing to introduce a budget for the upcoming fiscal year 2021/22 that focuses on combating the Covid-19. ',
			'content' => '<p>May 15:&nbsp; Minister for Finance Bishnu Prasad Paudel has said that the government is preparing to introduce a budget for the upcoming fiscal year 2021/22 that focuses on combating the Covid-19.&nbsp;</p>

<p>Assuming the office on Friday after getting reappointed as Finance Minister, he said that the government would mobilize all available resources to address the crisis caused by the pandemic.&nbsp;<br />
He said that the preparation of the budget for the upcoming fiscal year has reached the final stage.&nbsp;</p>

<p>The budget would address the current health crisis as well as revive the economy hit by the pandemic, Finance Minister Paudel said.&nbsp;He also expressed his commitment to ensure resources to ramp up Covid-19 tests and provide treatment to all patients.&nbsp;</p>

<p>Finance Minister Paudel will table the budget in the federal parliament on May 29 as per a provision in the constitution. &nbsp;</p>

<p>Meanwhile, Finance Minister Paudel approved a decision to release Rs 58.32 million to Dadeldhura Hospital, Patan Academy of Health Sciences and Bheri Hospital for the installment of oxygen plant and pipeline, according to a statement issued by the MoF.&nbsp;</p>

<p>Prime Minister KP Sharma Oli, after getting reappointed on Thursday as the leader of the largest political party in the House of Representatives, had expanded his cabinet on Friday after taking oath of office from President Bidya Devi Bhandari.&nbsp;He had reappointed 22 ministers and three state ministers including Paudel and assigned them the same portfolio that they had held in the previous cabinet. &nbsp;</p>
',
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			'created' => '2021-05-15',
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			'sortorder' => '13140',
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			'article_date' => '2021-05-15 11:40:06',
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		'Article' => array(
			'id' => '13393',
			'article_category_id' => '1',
			'title' => 'NEA to follow its previous decision to collect dues of dedicated feeder, trunk line from industries',
			'sub_title' => '',
			'summary' => 'Nepal Electricity Authority (NEA) has decided to implement its previous decision on recovering outstanding dues from industries for using electricity from dedicated feeders and trunkline lines,',
			'content' => '<p>May 14:&nbsp;Nepal Electricity Authority (NEA) has decided to implement its previous decision on recovering outstanding dues from industries for using electricity through&nbsp;dedicated feeders and trunk&nbsp;lines, ignoring an instruction issued by the Parliamentary Accounts Committee (PAC).&nbsp;<br />
A meeting of NEA&#39;s board of directors held recently decided to collect the outstanding dues as per its earlier decision.</p>

<p>In the month of February, NEA had decided to collect electricity dues from the industrialists by mid-July. It had warned industrialists of slapping a penalty if they fail to settle it by mid July.</p>

<p>However, on April 4, PAC directed the Nepal Electricity Authority (NEA) through the Ministry of Energy to collect the outstanding electricity dues from the industrialists within a month.</p>

<p>Ignoring the PAC directive, NEA now wants to collect&nbsp;the tariffs as per its earlier decision, citing the impact of pandemic on businesses and industries. NEA has also sent a letter to the PAC seeking another favorable instruction from the parliamentary committee considering the adverse impacts of current pandemic and subsequent prohibitory orders imposed by local administrations.&nbsp;</p>

<p>Rameshwor Poudel, an ex-officio member in the NEA board, said that the board meeting decided to implement its previous decision related to the settlement of outstanding dues from industrialists for using electricity from trunkline and dedicated feeders due to the pandemic.&nbsp;</p>

<p>&quot;The PAC had asked to collect the dues within a month. We had to comply&nbsp;with the parliamentary committee&rsquo;s instruction. But, recent prohibitory orders imposed to control the second wave of coronavirus have hit industries,&rdquo; said Poudel. &nbsp;&ldquo;In such a case, the implementation of the PAC directive was going to become difficult. So, we were compelled to act according to the previous decision made by the board,&quot; he said.&nbsp;</p>

<p>Poudel said NEA will act in a way that will not further affect the industries which have already been hit hard by the pandemic. &ldquo;But, if the PAC again issues us a directive to collect the dues within a month (mid June), we will act accordingly,&rdquo; he added.&nbsp;</p>

<p><br />
There is a long dispute between industrialists and the NEA over the settlement of dues for using electricity from dedicated feeders and trunk lines. &nbsp;</p>

<p>Earlier on July 21, the PAC had formed a sub-committee led by lawmaker Minendra Rijal to look into the issue of dedicated electricity tariff. Based on the report, the PAC, on April 4, instructed the government to collect all dues within a month. There was a total of Rs 10.14 billion outstanding dues that industrialists owe to the NEA.&nbsp;<br />
NEA had supplied electricity to industries through dedicated feeder and trunk lines by charging a premium of 65 percent in the electricity tariffs. The NEA, which did not have authority to fix tariff, had got approval of its tariff rates from the then Electricity Tariff Fixation Commission in February 2016.&nbsp;<br />
Industrialists are at odds with the NEA over the tariffs that NEA has fixed prior to the approval from the Commission. &nbsp;&nbsp;</p>

<p>Some industrialists even claim that the NEA has&nbsp;billed them&nbsp;for the electricity that their industries&nbsp;did not use during the load shedding.<br />
&nbsp;</p>
',
			'published' => true,
			'created' => '2021-05-14',
			'modified' => '2021-05-14',
			'keywords' => '',
			'description' => '',
			'sortorder' => '13138',
			'image' => '20210514031053_NEA.jpg',
			'article_date' => '2021-05-14 15:08:27',
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		'Article' => array(
			'id' => '13392',
			'article_category_id' => '1',
			'title' => 'Banks limit their operation to five essential services during prohibitory period ',
			'sub_title' => ' Urging people to use digital banking, banks limit their services to cash withdrawal, deposit of cash, fund transfer (cheque/ IPS/ RTGS), remittance payment and international trade ',
			'summary' => 'Nepal Bankers' Association (NBA) has said that commercial banks will now provide only five services to their clients. ',
			'content' => '<p>May 14:&nbsp; Nepal Bankers&#39; Association (NBA) has said that commercial banks will now provide only five services to their clients.&nbsp;</p>

<p>Issuing a statement on Thursday, NBA&mdash;the umbrella organization of commercial banks&mdash;said that its members will offer only five essential banking services to the public during the prohibitory period. &nbsp;</p>

<p>The decision to limit services to the public through their offices or branches is aimed at avoiding crowd in banks and curbing risks of coronavirus infection, according to the statement.&nbsp;</p>

<p>Bank services will now be limited to cash withdrawal, deposit of cash, fund transfer (cheque/ IPS/ RTGS), remittance payment and international trade. Banks have also set a minimum limit for the cash deposit. Only cash above Rs 50,000 will be deposited in bank branches, according to the NBA.</p>

<p>However, the NBA also said that clients can make phone call to their respective branch if they urgently need&nbsp;any other services.&nbsp;</p>

<p>Urging people to embrace digital banking services in line with the government&rsquo;s request to stay at home during the prohibitory&nbsp;period, NBA also said that they can make phone call or email to their respective banks if they face any problem or require any assistance for online or mobile banking transactions. &nbsp;&nbsp;</p>

<p>All ATMs and call centers will remain open as usual, according to the NBA.&nbsp;</p>
',
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			'sortorder' => '13137',
			'image' => '20210514124201_NBA.jpg',
			'article_date' => '2021-05-14 12:37:52',
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		'Article' => array(
			'id' => '13391',
			'article_category_id' => '266',
			'title' => 'Kathmandu's Legendary five-star hotel will be rebranded "The Soaltee Kathmandu"',
			'sub_title' => '',
			'summary' => 'Kathmandu's Legendary five-star hotel will be rebranded "The Soaltee Kathmandu"',
			'content' => '<p><img alt="" src="/app/webroot/userfiles/images/Press%20release%20of%20English%20of%20The%20Soaltee%20KAthmandu-1.jpg" style="height:1202px; width:850px" /></p>

<p><img alt="" src="/app/webroot/userfiles/images/Press%20release%20of%20English%20of%20The%20Soaltee%20KAthmandu-2.jpg" style="height:1202px; width:850px" /></p>
',
			'published' => true,
			'created' => '2021-05-14',
			'modified' => '2021-05-14',
			'keywords' => '',
			'description' => '',
			'sortorder' => '13136',
			'image' => null,
			'article_date' => '2021-05-14 11:15:47',
			'homepage' => false,
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			'main_news' => false,
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			'user_id' => '10'
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	(int) 5 => array(
		'Article' => array(
			'id' => '13389',
			'article_category_id' => '1',
			'title' => 'KP Sharma Oli reappointed as Nepal’s PM after three days of losing vote of confidence in parliament ',
			'sub_title' => ' President Bhandari scheduled to administer oath of office to PM Oli on Friday ',
			'summary' => 'After three days of losing vote of cofidence in the House of Representatives, CPN (UML) Chairman KP Sharma Oli has been appointed as the Prime Minister of the country again. ',
			'content' => '<p>May 13:&nbsp;After three days of losing vote of confidence in the House of Representatives, CPN (UML) Chairman KP Sharma Oli has been appointed as the Prime Minister of the country again.&nbsp;<br />
President Bidya Devi Bhandari appointed Oli as the Prime Minister as per the Article 76 (3) of the constitution after nobody laid a claim to the post to form the majority government, according to a notice issued by the Office of the President.&nbsp;</p>

<p>Though the President Bhandari had given political parties until Thursday (9 PM) to form the majority government as per the the Article 76 (2) of the constitution, there was no claim for the post of Prime Minister.&nbsp;</p>

<p>Oli became the new Prime Minister based on the Article 76 (3) which allows the President the authority to appoint&nbsp;the leader of the party with the highest number of members in the House of Representatives as the Prime Minister if the majority government could not be formed.&nbsp;</p>

<p>This is Oli&rsquo;s third stint as the Prime Minister. President Bhandari is scheduled to administer oath of office to Prime Minister Oli tommorrow, according to a source at the Office of President. The Prime Minister will now have to receive the vote of confidence of the House of Representatives within 30 days.</p>

<p>Earlier on Monday, President Bhandari had called any member of the House to claim majority in the parliament with the support of two or more than two parties by Thursday to get appointed as the new Prime Minister of the country. &nbsp;&nbsp;</p>

<p>Though the Nepali Congress, the main opposition party, initially showed its interest to form the majority government, it abandoned the plan on Thursday after concluding that it would fail to garner enough votes from other political parties.&nbsp;</p>
',
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			'created' => '2021-05-13',
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			'sortorder' => '13134',
			'image' => '20210513114158_20200307030714_Clipboard04.jpg',
			'article_date' => '2021-05-13 23:39:11',
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	(int) 6 => array(
		'Article' => array(
			'id' => '13388',
			'article_category_id' => '1',
			'title' => 'AI Calls for Urgent Action in South Asia to Combat Deadly COVID-19 Surge ',
			'sub_title' => '',
			'summary' => 'May 13: Amnesty International has drawn the attention of governments across South Asia to immediately address healthcare shortages and urgently strengthen their healthcare systems to respond to the rapid surge of COVID-19 cases in the region.',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">May 13: Amnesty International has drawn the attention of governments across South Asia to immediately address healthcare shortages and urgently strengthen their healthcare systems to respond to the rapid surge of COVID-19 cases in the region.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">With India and Nepal&rsquo;s healthcare systems reaching breaking point, the human rights organization expressed its concern over the lack of preparedness of other countries in the region for the virus&rsquo;s latest and most deadly wave. Extremely low vaccination rates across South Asia have also left the region highly vulnerable, with pressing action needed at the global level to ensure more equitable access to vaccines, AI said in a statement on Thursday (May 13).</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">&ldquo;The human catastrophe that is unfolding in India and Nepal should be a warning to other countries in the region to invest heavily in surge capacity for an emergency response. The virus is spreading and transcending borders at a frightening speed and will continue to hit the region&rsquo;s most marginalized populations hardest of all,&rdquo; said Yamini Mishra, Amnesty International&rsquo;s Asia- Pacific Director.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">&ldquo;We are at a critical point. Fewer than one in ten of the region&rsquo;s population has been vaccinated. The decisions taken by governments in South Asia and across the world in the coming days and weeks will be crucial in mitigating the human cost of this latest surge.&rdquo;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">South Asia, home to a quarter of the world&rsquo;s population, is fast becoming the new global epicentre of the COVID-19 pandemic, AI further said. On May 6, India reported more than 400,000 new cases in one day, taking its total tally of confirmed cases to 21.5 million, though this is likely to be a significant underestimate. As the disease ravages India, several south Asian nations are also facing a resurgence of cases.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">Nepal, which shares a porous border with India, has already started to experience a massive spike in infections. According to WHO figures, daily cases increased 30-fold from 303 to 9,317, or an increase of 2,975 percent, </span></span><span style="font-size:15.0pt"><span style="font-family:Calibri">between April 12 and May 12</span></span><span style="font-size:15.0pt"><span style="font-family:Times">. On Tuesday, Nepal recorded another 9,317 cases, bringing its total to 413,111, the statement added.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">With India stopping exports of oxygen, Nepal is struggling to find alternative supplies. To make matters worse, Nepal is also in the midst of political upheaval, with its Prime Minister having lost a vote of confidence and parties failing to form a government.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">&ldquo;We have seen how shortages of oxygen, hospital beds, human resources and essential medicines pushed the already under-resourced healthcare response of India over the edge. Now a similar worrying trend is emerging in Nepal,&rdquo; said Yamini Mishra.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">&ldquo;This is not the time for Nepal&rsquo;s politicians to indulge in political wrangling and infighting. What the country needs right now is unity and leadership to address the growing crisis.&rdquo;</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:15.0pt"><span style="font-family:Times">Amnesty International also called on the international community to show solidarity and fulfil its human rights obligations to provide cooperation and assistance, by providing lifesaving medical tools and removing legal uncertainties and barriers that may impede the production and supply of vaccines as the disease continues to ravage the region.</span></span></span></span></p>

<p>&nbsp;</p>
',
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			'sortorder' => '13133',
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		'Article' => array(
			'id' => '13387',
			'article_category_id' => '1',
			'title' => 'NIBL, Himalayan Bank Announce Merger with a Prospect of Forming the Biggest Commercial Bank ',
			'sub_title' => '',
			'summary' => 'May 13: Nepal Investment Bank Limited (NIBL) and Himalayan Bank Limited (HBL) have announced their merger.',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">May 13: Nepal Investment Bank Limited (NIBL) and Himalayan Bank Limited (HBL) have announced their merger with the &ldquo;intention&rdquo; of strengthening the banking sector of Nepal in line with Nepal Rastra Bank&rsquo;s (NRB) Merger and Acquisition Policy.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">Issuing a joint statement on Thursday, the two commercial banks said they have signed a Memorandum of Understanding (MoU) for the merger. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">According to the statement, Chairman of Nepal Investment Bank Prithvi Bahadur Pand&eacute; and the Chairman of Himalayan Bank Tulsi Prasad Gautam signed the MoU on Thursday, May 13. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">This development has officially paved the way to complete formalities before the process of the start of joint operations between the two commercial banks, added the statement.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">After the merger, the banks will be known with the name &ldquo;Himalayan and Nepal Investment Bank Ltd&rdquo;. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">Prithvi Bahadur Pand&eacute; will retain the post of the bank&rsquo;s chairman while Ashoke SJB Rana will be the Chief Executive Officer (CEO). &nbsp;Similarly, after the merger, the board members will be comprised of three members each from both the banks and also an independent member for a total of seven board members.</span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">In the joint statement, the two banks claimed that the new entity after merger will be the biggest commercial bank in the history of the Nepalese banking industry. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">At present, the paid-up capital of Nepal Investment Bank stands at Rs 16.26 billion whereas Himalayan Bank&rsquo;s paid-up capital amounts to Rs 10.68 billion. After the merger the combined paid-up capital of the banks will reach a staggering Rs 26.14 billion making it the bank with the highest paid-up capital in the country. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">Similarly, combining the assets, loans and deposits of both banks will elevate the bank into unparalleled heights, added the statement. </span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Calibri"><span style="font-size:14.0pt">The joint statement further said that the bank will hope to retain the confidence of its stakeholders and shareholders through this major development and also continue to provide exemplary services to its clients post&ndash;merger.</span></span></span></p>

<p>&nbsp;</p>
',
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		'Article' => array(
			'id' => '13386',
			'article_category_id' => '1',
			'title' => 'Government Prepares for Full Implementation of One-Door System in Foreign Trade',
			'sub_title' => '',
			'summary' => 'May 13: The government is preparing to fully implement a one-door system to promote transparency and automation of foreign trade. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">May 13: The government is preparing to fully implement a one-door system to promote transparency and automation of foreign trade. The Department of Customs has connected all the concerned bodies to Nepal National One-Door System to make import-export paperless.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Surya Sedhai, director of the One-Door System Project Implementation Unit, said that the government will facilitate foreign trade by linking 40 bodies and concerned parties with each other.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The system was inaugurated on January 25 on the occasion of the International Customs Day. Sedhai informed that they have intensified the work of linking all the concerned bodies in this system.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Initially, the Food and Quality Control Department, Department of Livestock Services, Plant Quarantine and Pesticide Management Center were included in the system. Lately, a memorandum of understanding has been signed with Nepal Rastra Bank and private sector organizations to bring them under a one-door system.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The government has also reached an agreement with the </span></span></span></span><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Federation of Nepalese Chambers of Commerce and Industry, the Confederation of Nepalese Industries, Nepal Chamber of Commerce and the Federation of Nepal Handicrafts to integrate them into the system. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">&ldquo;These organizations issue certificates of origin in the export process. It has been agreed to provide such certificate through online medium,&rdquo; Sedhai informed New Business Age.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">A one-door system has been introduced to connect all service providers and service seekers related to import and export through online medium. The process of developing infrastructure work was started from 2019. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The full implementation of this system was scheduled for 2021/22 but it has been affected due to the COVID-19 pandemic.</span></span> <span style="font-size:14.0pt"><span style="font-family:Arial">The trial of this system was scheduled for last November which had to be put off due to the pandemic. The full implementation of the system has now been slated for upcoming November.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria">&nbsp;<span style="font-size:14.0pt"><span style="font-family:Arial">According to the department, import and export permits, banking process, revenue payment, customs clearance among others will be completed via online platform in this system. Since all the required processes will be done online by importers as well as the government and private bodies, it is expected to foster transparency, says Shyam Prasad Bhandari, coordinator of the project implementation unit.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">The department says it is focused on trade facilitation, increasing efficiency in revenue collection and making social security effective through the one-door system. The one-door customs clearance is an electronic platform designed to facilitate all stakeholders. This allows all parties involved in international trade and transit to submit documents and information from a single entry point.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Arial">Customs officials claim that there will be no direct contact between the service provider and the service seekers once the system becomes fully operational. This will save time and cost of trade. Likewise, the hassle of going to various agencies to get documents for import and export will also come to an end.</span></span></span></span></p>

<p>&nbsp;</p>
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	(int) 9 => array(
		'Article' => array(
			'id' => '13385',
			'article_category_id' => '1',
			'title' => '25 Percent of Cement Industries Closed',
			'sub_title' => '',
			'summary' => 'May 13: The production capacity of construction companies has started to decline with the onset of the second wave of Coronavirus (Covid-19) and prohibition order issued by the government to stop the disease from spreading.  ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">May 13: The production capacity of construction companies has started to decline with the onset of the second wave of Coronavirus (Covid-19) and prohibition order issued by the government to stop the disease from spreading.&nbsp; At present, 25 percent of the cement industries have been shut down due to the fear of infection, while 75 percent of the operating industries are producing at minimum capacity.<br />
Iron industries have also reduced production to 10-12 hours per day. Entrepreneurs say that they have not been able to pay much attention to production at a time when the main challenge is to save people&#39;s lives and remain free from infection.<br />
Chairman of Nepal Cement Producers&#39; Association, Dhruva Thapa, says that production of cement and its demand have dropped sharply since the prohibitory order was issued.<br />
&quot;Even though the production capacity has been reduced, some industries are still operating,&quot; he said, adding, &quot;About 25 percent of the industries have been shut down due to the lack of workers.&quot;<br />
Thapa said that the demand for cement and steel has also declined as workers are afraid to go to construction sites. He estimates that the demand for these construction materials has dropped by 50 percent. </span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">Sources claim that most of the steel industries are also closed. These industries require oxygen cylinders. However, industries have supplied oxygen cylinders for the treatment of Covid-19 patients.<br />
Dhruba Kumar Shrestha, vice-chairman of Panchakanya Group, said that his company has arranged food and shelter for the workers within the factory premises.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">&quot;We cannot shut the factory, the workers have to be paid or else they will starve. However, we have not been able to produce at full capacity like before,&quot; Shrestha said.<br />
He said that they are facing difficulty in supplying their products even though there was some demand.<br />
President of the Federation of Grill and Steel Entrepreneurs of Nepal Mohan Katuwal said that the production of grill and steel has dropped to 15 to 20 percent.<br />
Katuwal, who is also the commodity vice-president of the Federation of Nepalese Small and Household Industries, said that industries other than agriculture, livestock, dairy, and essential food have started to shut down.<br />
&quot;Currently, local products have not found any market,&quot; he said.</span></span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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	(int) 10 => array(
		'Article' => array(
			'id' => '13384',
			'article_category_id' => '1',
			'title' => '70 Climbers Scale Everest in a Day',
			'sub_title' => '',
			'summary' => '',
			'content' => '<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">May 13:<strong><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;"> </span></span></strong>A total of 70 climbers summited Mount Everest, the highest mountain in the world, on Wednesday, the state-owned national news agency RSS reported citing the Department of Tourism.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Director of the Department of Tourism Mira Acharya, who is currently at the Everest Base Camp, informed that 70 climbers from various countries reached atop the 8,846.86 metres- mountain in a single day.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">A 12-member rope-fixing team (also known as the Icefall Doctors) led by renowned Everest climber Kamirita Sherpa had reached the summit of Everest on the evening of May 7, opening the door of the summit to a total of 408 aspiring climbers who had obtained permission for this year&rsquo;s spring season expedition.&nbsp;&nbsp;&nbsp;&nbsp; </span></span><br />
<span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Since then, a total of 182 climbers have set their feet on the top of Everest, RSS further reported. </span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">The spring season is the most favourable season for climbing Everest and the window is open until the end of May.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Last year, mountain expedition was closed due to the emergence of coronavirus. But the expedition is underway this year despite a surge in second wave of Covid-19.</span></span></span></span></p>

<p><span style="font-size:11pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:&quot;Arial Unicode MS&quot;">Mountaineering is one of the major source of income of the country and the people, especially the Sherpas, involved in this sector.</span></span></span></span></p>
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			'image' => '20210513115218_20201209120005_1607418193.mount_everest.jpg',
			'article_date' => '2021-05-13 11:50:02',
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	(int) 11 => array(
		'Article' => array(
			'id' => '13383',
			'article_category_id' => '1',
			'title' => ' Nepal’s remittances rise 16.5% to Rs 729 billion in nine months of current fiscal year ',
			'sub_title' => 'Workers’ shift to formal channel to send money, decline in remittances inflow in corresponding period of last fiscal year attributed to the recent growth ',
			'summary' => ' Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year 2020/21. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt">May 12:&nbsp;Nepal has received a total of Rs 729.02 billion in remittances in first nine months of the current fiscal year (FY 2020/21).&nbsp;<br />
According to the &lsquo;Current Macroeconomic and Financial Situation of Nepal&rsquo; released by the Nepal Rastra Bank (NRB) on Wednesday, the total amount of remittances received in the review period is 16.5 percent higher than what the country had received from Nepalis working abroad in the corresponding period&nbsp;of the last fiscal year.&nbsp;<br />
In terms of US dollar, inflow of remittances grew 13 percent to $6.19 billion in mid-April.&nbsp;<br />
Despite Covid-19 crisis and fall in the number of Nepali migrant workers leaving for foreign employment, Nepal&rsquo;s remittances growth has remained robust.&nbsp;<br />
NRB officials say that a number of factors including the increased formalization of remittances inflow, transfer of accumulated savings by workers and cash transfers offered by some developed countries &nbsp;have contributed to the growth of remittances in Nepal.&nbsp;<br />
&ldquo;If we see the figures, the remittances growth was negative in the corresponding period of the last fiscal year. Even a little increment in workers&rsquo; transfers also leads to higher growth,&rdquo; said Prakash Shrestha, an executive director at the NRB. On a year-on-year basis, remittance inflow had declined 4 percent in mid April last year, according to the NRB data.&nbsp;<br />
&nbsp;&ldquo;But, the overall trend shows that the remittance growth remains robust despite global economic downturns,&rdquo; said Shrestha, who heads the Economic Research Department of the NRB. &nbsp;<br />
According to Shrestha, the growing shift of Nepali workers to formal channel from informal channel to transfer money due to the restrictions and lockdowns in various countries as well as crackdown against Hundi in Nepal also caused the growth&nbsp;in remittance figures.&nbsp;<br />
Shrestha said that the earnings of Nepali workers were not much hit as feared earlier as many economies including the Gulf region started to observe a recovery from the pandemic-induced recessions.&nbsp;&nbsp;&nbsp;<br />
&ldquo;Another factor that has driven up remittances is cash transfer by governments in developed countries including the US. Those who were able to save the cash due to lower expenses amid containment measures have sent money to their families here in Nepal,&rdquo; added Shrestha.&nbsp;<br />
The World Bank, in its recent South Asia Focus, said that the remittances growth in 2020 was mainly due to channelization of remittances through formal system.&nbsp;<br />
&ldquo;The September 2019 policy changes made it easier for migrants to open bank accounts, which may have facilitated a shift from unrecorded to recorded remittances,&rdquo; read the report.</span></span></span></p>
',
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			'sortorder' => '13128',
			'image' => '20210512081815_Remittances.jpg',
			'article_date' => '2021-05-12 20:15:11',
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	(int) 12 => array(
		'Article' => array(
			'id' => '13382',
			'article_category_id' => '1',
			'title' => 'Farmers Seek Paddy Seeds Well Ahead of Plantation Season',
			'sub_title' => '',
			'summary' => 'May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season. ',
			'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">May 12: Farmers have started making arrangements to acquire paddy seeds with the approaching paddy plantation season. Fearing that the seeds would not be available on time due to the prohibitory order, they have started to search for paddy seeds well ahead of the plantation season.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt"><span style="font-family:Times">Farmers have started to buy paddy seeds from various cooperatives, seed centres, agro-vets, and other places. The government-owned Agriculture Inputs Company Limited has also started distributing paddy seeds to farmers from Kathmandu, Bhairahawa, Dhangadhi, Nepalgunj, Birgunj, and Hetauda. Out of its stock of 800 metric tons of paddy seeds, the company has so far distributed 500 metric tons of seeds.<br />
Around 70,000 metric tons of paddy seeds are required annually for a total of 1.35 million hectares of arable land in Nepal. Private companies and entrepreneurs supply a large amount of seed. It is estimated that Nepali companies produce 10,000 metric tons of paddy seeds annually.<br />
Seeds of local rice species such as Savitri, Sonamansuli, Makwanpur, and Basmati are produced in Nepal while hybrid seeds are imported from India and China. Nepal imports about 68 varieties of hybrid rice seeds from abroad annually.</span></span></span></span></p>

<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:14.0pt">According to Chhotelal Prasad Lohar, central vice president of the Seed Entrepreneurs&#39; Association, seed traders of Nepal started to import paddy seeds from India about two weeks ago to provide them to the farmers on time amid the pandemic.<br />
According to him, the farmers of Banke, Bardiya, Dang, Chitwan, Siraha, Saptari, and other districts are demanding seeds at present. &quot;Farmers were not able to get seeds on time due to the lockdown last year. Therefore, the farmers have started to make arrangements for seeds quite early this year to avoid such problems,&rdquo; he said.<br />
Mitra Raj Dawadi, the outgoing president of the Seed Producers&#39; Association, said that the farmers are also worried as Nepali seed companies have produced fewer seeds this year than last year. According to him, 8,000 metric tons of seeds were produced last year, while 10,000 metric tons were produced the previous year. Seed production has declined in Nepal due to damage to caused by certain crop diseases.</span></span></span></p>
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			'sortorder' => '13127',
			'image' => '20210512035550_20181125011444_pady-1024x682.jpg',
			'article_date' => '2021-05-12 15:54:56',
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	(int) 13 => array(
		'Article' => array(
			'id' => '13381',
			'article_category_id' => '1',
			'title' => 'FNCCI sets up Help Desk to Facilitate Covid-19 Treatment ',
			'sub_title' => '',
			'summary' => 'May 12:  The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19. ',
			'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt">May 12:&nbsp; The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has set up a COVID-19 Help Desk to extend help towards saving lives from Covid-19.&nbsp;<br />
Issuing a statement on Wednesday, the FNCCI said that its recent meeting decided to establish the Help Desk to facilitate desperate people receive various healthcare services including oxygen cylinder, ambulance and isolation for Covid-19 patients. &nbsp;&nbsp;<br />
According to the statement, the Help Desk will coordinate with respective agencies to provide Covid-19 treatment and related services to its members, industrialists, business people as well as to the general public. &nbsp;Those who want to get the service can request the Held Desk by sending text or making phone call at 9801096812 or 9801192591, according to the statement.<br />
&ldquo;Those who are in problem or seeking help or facilitation for Covid-19 treatment are getting the services from the Help Desk,&rdquo; read the statement.<br />
FNCCI said that the Help Desk is a part of its FNCCI Operation COVID-19 Relief Nepal Campaign that it recently launched.<br />
Earlier on Saturday, the FNCCI had launched the &lsquo;Hello Doctor&rsquo; service to provide free health counseling to Covid-19 patients via Viber video calls. &nbsp;&nbsp;</span></span></span></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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			'image' => '20210512122802_FNCCI.jpg',
			'article_date' => '2021-05-12 12:27:13',
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	(int) 14 => array(
		'Article' => array(
			'id' => '13380',
			'article_category_id' => '1',
			'title' => 'SC Issues Interim Order to Ensure Oxygen Supply',
			'sub_title' => '',
			'summary' => 'May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19.     ',
			'content' => '<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:&quot;Arial Unicode MS&quot;">May 12: The Supreme Court (SC) has issued an interim order in the name of the government to immediately take effective measures to protect the lives of citizens from COVID-19.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;">A single bench of Justice Bam Kumar Shrestha issued the order to ensure smooth supply of medicines and oxygen as well as develop hospital infrastructures immediately.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:&quot;Arial Unicode MS&quot;">The court order instructs the government to &ldquo;take necessary initiative towards further enhancing hospitals and to ensure smooth supply of drugs and oxygen necessary for the treatment of COVID-19 patients&rdquo;.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;">The order further tells the government to make sure the deployment of necessary human resources keeping in mind the flow of patients in the hospitals.&nbsp;&nbsp;&nbsp;&nbsp; </span><br />
<span style="font-family:&quot;Arial Unicode MS&quot;">The Supreme Court has also directed the government to form a working committee representing all stakeholders to resolve the problems faced by the public.</span></span></span></p>

<p><span style="font-size:16px"><span style="font-family:Cambria"><span style="font-family:&quot;Arial Unicode MS&quot;">The apex court has also instructed the government to submit a written explanation within 15 days regarding the lack of oxygen in hospitals across the country. </span></span></span></p>
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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