September 15: Insurance Board has issued a new guideline than makes it mandatory for insurance companies to present their evaluation report to the board within five months after the end of a fiscal…
September 15: Insurance Board has issued a new guideline than makes it mandatory for insurance companies to present their evaluation report to the board within five months after the end of a fiscal…
September 15: The monopoly of state-run insurance company at Kolkata Port has come to an end.…
September 15: Nepal and India have agreed to expedite the construction of Butwal- Gorakhpur transmission line. It will be second electric transmission exchange project between Nepal and…
September 15: The government has decided to provide liquid petroleum Gas (LPG) at subsidized rate to the financially disadvantaged people.…
September 15: MoneyGram, a global provider of innovative money transfer and payment services, recently awarded the winners of its special promotion, which offered customers a chance to double their transaction amounts each week from May to…
September 13: Nepali citizens undergoing treatment or pursuing studies in India are facing problems to withdraw money using their smart cards following strict regulation after the ATM hacking in Kathmandu a few weeks…
September 13: Stating that the investment capacity of Nepal’s commercial bank in infrastructure is weak, the World Bank has suggested reducing the number of such banks from the existing 28 to…
September 13: Nepal and Malaysia have agreed to implement the Labour Agreement signed between the two countries on October 29 last…
September 13: A report prepared by the World Bank says it is the right time to mobilize private sector solutions in Nepal to close the infrastructure gap on the path to achieving the country’s growth…
September 13: The Government of Nepal and the World Bank (WB) jointly concluded the portfolio review covering 24 WB-financed projects with a total commitment of US$ 2.35 billion.…
The CMP of 26th Bhadra is below the pivot of 29th Bhadra and the volume is more than that of the last traded…
September 12: Finance Minister Yuba Raj Khatiwada said that Nepal has developed conducive environment for doing business and investment, according to a statement issued by the Confederation of Nepalese Industries…
September 12: Speakers at a session in the Nepal Infrastructure Summit 2019, which kicked off in Kathmandu on Wednesday, said that Nepal can achieve its desired economic growth and development goals through the development of…
September 12: Central Plaza, a five-star hotel based in Kohalpur, has announced a special package for Rara tour during Dashain, Tihar and…
September 12: A group of unpaid construction workers of the Melamchi Water Supply Project have demanded the resignation of the executive director of the project, Surya Raj…
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Earlier, the insurance companies had to present their report within 10 months.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Insurance Board has also issued a circular instructing the companies not to use the terms “free insurance” in their policy.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The board has reached to a conclusion that various industries as well as banks and financial institutions have been promoting their business using the terms “free insurance”, which has had negative impact on the insurance sector.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Insurance companies should avail their service to the customers through other companies and BFIs without mentioning ‘free insurance’,” the circular states.</span></span></p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11153', 'image' => '20190915103621_aaaa.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '11402', 'article_category_id' => '1', 'title' => 'Insurance Monopoly comes to an end at Kolkata Port', 'sub_title' => '', 'summary' => 'September 15: The monopoly of state-run insurance company at Kolkata Port has come to an end. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">September 15: The monopoly of state-run insurance company at Kolkata Port has come to an end. The customs department at Kolkata Port has allowed other insurance companies to sell their policies at the port for Nepal-bound goods.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Nepali importers believe this decision will bring down the cost of insurance for goods imported to Nepal from third countries.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">So far, National Insurance Company of India was the only company authorized to sell insurance policies to Nepal-bound goods through road or railway from Kolkata and Haldiya ports.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Nepal’s consul general to Kolkata Ek Narayan Aryal said that the decision taken by the Kolkata customs last Thursday will facilitate the insurance process of Nepal-bound goods.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">“It is obvious that competition among insurance companies will reduce the cost of purchasing insurance policy,” said Aryal.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, Nepali importers have welcomed the decision of Kolkata customs to end the monopoly.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Nepali importers had been paying IRs 300 premium for covering insurance up to IRs 100,000. The importers now claim that the premium charge will not be more than Rs 50 now.</span></span> </span></span></p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11152', 'image' => '20190915094116_IMG_20190912_200736.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '11401', 'article_category_id' => '1', 'title' => 'Nepal and India positive about construction of Butwal- Gorakhpur Transmission Line ', 'sub_title' => '', 'summary' => 'September 15: Nepal and India have agreed to expedite the construction of Butwal- Gorakhpur transmission line. It will be second electric transmission exchange project between Nepal and India.', 'content' => '<h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">September 15: Nepal and India have agreed to expedite the construction of Butwal- Gorakhpur transmission line. It will be second electric transmission exchange project between Nepal and India.</span></span></span></h1> <h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">Nepal had previously proposed India to fully construct the transmission line falling in its territory in addition to investing 50 percent amount for the transmission line on the Indian side, during the energy secretariat level meeting held between the countries. </span></span></span><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">A meeting held between Minister for Energy of Nepal Barsha Maan Pun and Energy State Minister of India RK Singh on September 13, Thursday moved ahead with the discussions regarding the project. </span></span></span></h1> <h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">An official present at the meeting informed New Business Age that the agenda of the Butwal- Gorakhpur transmission line project will be proposed for endorsement during the upcoming energy secretariat level meeting between the two countries. </span></span></span></h1> <h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">The official requesting anonymity informed that the ministry level meeting on Thursday made a primary agreement that the construction of the Butwal- Gorakhpur transmission line at the India side will be completed with a joint investment of Nepal and India. </span></span></span><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">In the previous energy secretariat meeting, the Indian side had not agreed to Nepal's proposal.</span></span></span><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">The recent meeting also decided to conduct secretary-level meeting on October 13 and 14 in Bangalore. </span></span></span></h1> <h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">Prabal Adhikari, spokesperson of Nepal Electricity Authority, informed that discussion on issues related to the construction of Butwal- Gorakhpur transmission line, energy banking, power trading were held during the meeting on Thursday. </span></span></span></h1> <h1> </h1> <p> </p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11151', 'image' => '20190915092327_20190517010911_aaa.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '11400', 'article_category_id' => '1', 'title' => 'Government Planning to Provide Cooking Gas at Subsidized Rate to Disadvantaged People', 'sub_title' => '', 'summary' => 'September 15: The government has decided to provide liquid petroleum Gas (LPG) at subsidized rate to the financially disadvantaged people. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">September 15: The government has decided to provide liquid petroleum Gas (LPG) at subsidized rate to the financially disadvantaged people. Minister for Industry, Commerce and Supplies Matrika Prasad Yadav made such announcement recently during the inauguration of the 24<sup>th</sup> Annual General Meeting of Nepal LP Gas Industry Association. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Though minister Yadav has announced to provide the gas to the financially backward group in low price, the decision has not been implemented. The minister had made the same promise even during the anniversary of Nepal Oil Corporation (NOC) some time ago. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Surendra Poudel, executive director of NOC, says the corporation has to bear a loss of Rs 193 in each gas cylinder. The corporation says that they have been selling gas at price lower than the actual price. Currently, consumers can get a cylinder of gas at Rs 1,375. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, representatives of the private sectors demanded that they should also be allowed to import and sell LPG. Rajendra Malla, vice president of Nepal Chamber of Commerce, stressed the need for dealer verification<strong> </strong>and implementation of automatic price mechanism. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The gas traders have accused that the government is not willing to understand their problems. Gokul Bhandari, president of Nepal LP Gas Industry Association, further said that the government has failed to manage the gas business and has not been able to fulfill their demands. </span></span></span></span></p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11150', 'image' => '20190915091321_20160717023059_gas.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '11399', 'article_category_id' => '266', 'title' => 'MoneyGram Awards Contest Winners, Announces New Promotion This Dashain', 'sub_title' => '', 'summary' => 'September 15: MoneyGram, a global provider of innovative money transfer and payment services, recently awarded the winners of its special promotion, which offered customers a chance to double their transaction amounts each week from May to July.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 15: MoneyGram, a global provider of innovative money transfer and payment services, recently awarded the winners of its special promotion, which offered customers a chance to double their transaction amounts each week from May to July. The company has also announced the launch of a new special promotion during the festive season of Dashain. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“We are honoured to play a big part in helping so many people throughout Nepal send money to their loved ones both here and abroad,” said Sheshagiri Malliah, regional head for Indian Sub-Continent, Indo China and Malaysia at MoneyGram. “I’m happy that we could present the 24 winners of our earlier promotion with twice the amount of money they had received. We look forward to keeping this promotion going and celebrating with everyone throughout Dashain.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Meanwhile, the company said the new promotion started from September 1 and ends on November 30. All people who are recipients of a MoneyGram transaction during this time will be eligible for lucky draw to win double the amount that they received. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“We’ve run this promotion before and it always creates a lot of excitement,” said Sabrina Chan, regional head of marketing for Asia Pacific, South Asia and Middle East. “Every week, we draw a new winner and it makes you feel good to see how happy this makes them. The joy that adding value to our customers’ lives brings is encouraging, and we’re grateful to be able to connect with so many people through this campaign and others like it in the future.”</span></span></p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11149', 'image' => '20190915090454_DSC09949.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '11398', 'article_category_id' => '1', 'title' => 'Nepali Citizens facing Problem in Withdrawing Cash from ATMs in India', 'sub_title' => '', 'summary' => 'September 13: Nepali citizens undergoing treatment or pursuing studies in India are facing problems to withdraw money using their smart cards following strict regulation after the ATM hacking in Kathmandu a few weeks ago.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">September 13: Nepali citizens undergoing treatment or pursuing studies in India are facing problems to withdraw money using their smart cards following strict regulation after the ATM hacking in Kathmandu a few weeks ago.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The central bank has disabled the use of ATM belonging to one bank from withdrawing money form another bank’s ATM booth, especially for the banking network associated with Nepal Electronic Payment System (NePS).</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Because of the adverse effects of the new provision, the central bank has directed NePS to seek alternative method as soon as possible.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Nepal Rastra Bank’s Spokesperson Laxmi Prapanna Niroula told New Business Age that the central bank has already instructed the concerned stakeholders to seek an alternative method for cash withdrawal from ATM after Nepali citizens started facing problems in India.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">“The banks have been instructed to release money to its customers in India either through remittance or by collaborating with Indian banks,” said Niroula.</span></span></span></span></p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11148', 'image' => '20190913031440_UANDBLOG.jpg', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '11397', 'article_category_id' => '1', 'title' => 'World Bank Suggests Reducing the number of Commercial Banks', 'sub_title' => '', 'summary' => 'September 13: Stating that the investment capacity of Nepal’s commercial bank in infrastructure is weak, the World Bank has suggested reducing the number of such banks from the existing 28 to 15.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">September 13: Stating that the investment capacity of Nepal’s commercial bank in infrastructure is weak, the World Bank has suggested reducing the number of such banks from the existing 28 to 15.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The World Bank in its report on Nepal Infrastructure Sector Assessment unveiled during the Third Nepal Infrastructure Summit on Thursday suggested reducing the number of commercial banks to increase their paid-up capital. This, according to the World Bank, would help the banks release loan in the infrastructure development.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The World Bank has suggested the concerned authorities to reduce the number of commercial banks to 15. It further said that the number can further be decreased to 10 in collaboration with international banks. The report suggests commercial banks to increase their paid-up capital to Rs 16 billion.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The World Bank’s suggestion has come at a time when Nepal Rastra Bank has adopted a policy to encourage ‘big merger’ in the country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Although the central bank is planning to reduce the number of commercial banks, it has not specifically decided the number of such banks. However, the central bank officials say they have tentatively decided to halve the number of commercial banks.</span></span></span></span></p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11147', 'image' => '20190913030014_Nepal-Infrastructure-Summit-2019.jpg', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '11396', 'article_category_id' => '1', 'title' => 'Nepal, Malaysia agree to Resume Recruitment of Migrant Workers', 'sub_title' => '', 'summary' => 'September 13: Nepal and Malaysia have agreed to implement the Labour Agreement signed between the two countries on October 29 last year.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">September 13: Nepal and Malaysia have agreed to implement the Labour Agreement signed between the two countries on October 29 last year. This has paved the way to resume the recruitment process of Nepali migrant workers in Malaysia, which was halted since the last 15 months.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Authorities of the two countries held a three-day meeting in Kuala Lumpur this week after which they decided to implement the landmark agreement of the past.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">As per the agreement, Nepali workers can apply for jobs in Malaysia without paying any amount for the recruitment process.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Both countries have also agreed to audit the financial report of the institutions which conduct health check-up of aspiring migrant workers.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">For this, a technical team of Malaysia will visit Nepal in November. The team will investigate 86 out of 122 government-listed health institutes. However, the 36 institutes which had been providing bio-medical test service for Malaysia-bound workers will not have to undergo inspection again.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Malaysia’s Human Resource Policy Department’s chief Betty Hasan and Joint-Secretary at the Ministry of Labour and Employment of Nepal, Ram Prasad Ghimire, signed the agreement on Thursday.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The government had halted sending Nepali workers to Malaysia on May 16, 2018 stating that the workers were being cheated by manpower agencies responsible for the recruitment.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11146', 'image' => '20190913021225_nanister (2).JPG', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '11395', 'article_category_id' => '1', 'title' => 'World Bank Report Highlights Private Sector Solutions for Sustainable Development in Nepal', 'sub_title' => '', 'summary' => 'September 13: A report prepared by the World Bank says it is the right time to mobilize private sector solutions in Nepal to close the infrastructure gap on the path to achieving the country’s growth aspirations.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 13: A report prepared by the World Bank says it is the right time to mobilize private sector solutions in Nepal to close the infrastructure gap on the path to achieving the country’s growth aspirations.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The World Bank’s report on Infrastructure Sector Assessment launched Thursday on the sidelines of the Nepal Infrastructure Summit 2019 assesses the energy, transport and urban infrastructure sectors together with cross-cutting issues and recommends interventions that combine short-term and longer-term structural and policy changes with tailored project implementation approaches to unlock private sector financing and cooperation with the public sector.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“For real benefits to accrue to Nepal’s citizens, the quality and sustainability of infrastructure services needs to improve with substantial and efficient investment,” a statement issued by the World Bank quoted Jingdong Hua, World Bank’s vice president and treasurer, as saying. “Unlocking private sector investment is key to sustainable infrastructure development to promote growth and equity and providing access to services, jobs and markets.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The report states that Nepal’s investment needs average 10-15 percent of GDP annually over the next decade as the country aspires to graduate from least developed country status by 2022 and towards middle-income country by 2030.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the World Bank, Nepal has historically relied on a mix of public and private financing in the electricity sector and a two to four-fold increase in investment is needed to meet the country’s projected electricity demand.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Likewise, public and private resources are key to developing the country’s transport infrastructure and address the issues of chronic underinvestment and improvements in connectivity and safety. Nepal is also among the fastest growing urban populations and while local governments under the federal setup are primarily responsible for public service delivery, the urban sector faces a paradoxical case of insufficient capital expenditure to meet demand on one hand and low capital spending on the other, the statement added.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“The country’s transition to federalism presents a unique opportunity to define roles, establish clarity, and build a renewed, strong partnership between the public and private sector,” stated Idah Z Pswarayi-Riddihough, World Bank’s country director for Nepal, Sri Lanka and the Maldives.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“In our aim to maximize finance for development, a strong focus is required in the areas of governance and capacity and regulatory frameworks together with a lens on gender and social inclusion and social and environmental management.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">While public investment is integral, particularly in sub-sectors that require large investment, the report recommends creating a conducive environment for private sector participation through sector-level groundwork, sustainable project structures, systematic and strategic public investment management and project selection, and investment-friendly policies and regulations.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Given the huge funding gap and about 30 million population eager to see speedy improvements in their quality of life, public-private partnerships (PPP) can be a useful tool for Nepal to leverage expertise and efficiency of the private sector while raising capital to meet the development needs of the country,” said Wendy Werner, IFC country manager for Nepal, Bhutan and Bangladesh.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The infrastructure sector assessment report follows a consultative approach to use in-depth analysis to develop a roadmap of interventions to debottleneck private sector and commercial investments. The report provides a set of recommendations for each sector in the areas of building the institutional and regulatory environment, strengthening financial viability, increasing availability of long-term finance, sectoral strengthening, developing an enabling environment for foreign investment, governance and public investment management, gender and social inclusion, and environment and social management.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11145', 'image' => '20190913092024_aaaa.jpg', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '11394', 'article_category_id' => '1', 'title' => 'Government, World Bank take Stock of Implementation Progress of Projects', 'sub_title' => '', 'summary' => 'September 13: The Government of Nepal and the World Bank (WB) jointly concluded the portfolio review covering 24 WB-financed projects with a total commitment of US$ 2.35 billion. ', 'content' => '<p>September 13: The Government of Nepal and the World Bank (WB) jointly concluded the portfolio review covering 24 WB-financed projects with a total commitment of US$ 2.35 billion. </p> <p>A joint statement issued by the government and the WB states that the projects supported by the WB were reviewed in detail at the concerned line ministries from September 9 to 11. </p> <p>The meetings were chaired by the respective secretaries and were attended by senior officials of the line ministries, respective departments and the World Bank. The concluding meeting on September 12 was chaired by Finance Minister Yuba Raj Khatiwada and WB Country Director for Nepal, Sri Lanka and the Maldives, Idah Z Pswarayi-Riddihough.</p> <p>Of the 24 projects, 20 are investment projects (about US$ 1.78 billion), three Program for Results operations (about US$ 468 million) and one Development Policy Credit (about US$ 100 million) spread across various sectors - energy, transport, earthquake housing reconstruction, education, health, social protection, water and irrigation, agriculture and livestock, and public financial management sectors.</p> <p>"The government acknowledges the support of the WB and its assistance to the country's development priorities," stated Finance Minister Khatiwada. “The review is an opportunity to learn and apply good practices across the different sectors while chalking out a roadmap that can be used to enhance project outcomes which in turn will ensure that development finance received by Nepal is utilized most productively.”</p> <p>The annual stocktaking exercise is organized to review the performance of ongoing projects, assess the impact of federal transition, review procurement and disbursement performance and discuss implementation challenges and agree on remedial measures, the statement further said.</p> <p>“The World Bank celebrates 50 years of the first International Development Association credit to Nepal this year on November 4, 2019 when the first project in the telecommunications sector was approved by the World Bank Board. We are indeed proud to be a trusted partner in Nepal’s development agenda,” stated Pswarayi-Riddihough. “We are encouraged by the successful implementation of projects in Nepal and look forward to working with the government to address implementation bottlenecks for effective and timely completion of projects for the benefit of the people of Nepal.”</p> <p>Following the review, the Ministry of Finance and the World Bank agreed on core actions that would help to accelerate project implementation including specific actions that can improve the implementation environment under the new federal structure.</p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11144', 'image' => '20190913090032_GoN-WB Joint Portfolio Review.jpg', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '11393', 'article_category_id' => '1', 'title' => 'Market watch 12th September(Thursday)', 'sub_title' => '', 'summary' => 'The CMP of 26th Bhadra is below the pivot of 29th Bhadra and the volume is more than that of the last traded day.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"> Pic. Showing NEPSE Candle Stick Chart</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Current Price (CMP): 1157.88</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">OHLC Update of 26<sup>th</sup> Bhadra:</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">O: 1163.71<br /> H: 1192.33<br /> L: 1156.38<br /> C: 1157.88</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot for 29<sup>th</sup> Bhadra: </span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:632px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S3</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R3</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:34px; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1147.09</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1151.73</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1154.81</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1159.45</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1162.53</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1167.17</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1170.25</span></span></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">OHLC Update of 4<sup>th</sup> Week of Bhadra:</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">O: 1192.07<br /> H: 1192.33</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">L: 1156.38</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">C: 1157.88</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot for the Last Week of Bhadra:</span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:632px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S3</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R3</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:34px; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1109.45</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1132.91</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1145.40</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1168.86</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1181.35</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1204.81</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1217.30</span></span></span></span></p> </td> </tr> </tbody> </table> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot for the month of Bhadra:</span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:632px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:34px; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S3</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R3</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:34px; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1139.02</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1180.41</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1202.22</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1243.61</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1265.42</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1306.81</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1328.62</span></span></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Turnover Update:</span></span></strong><br /> <span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">On Month of Shrawan : 888.27 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Volume of 1<sup>st</sup> Week of Bhadra: NRs. 154.59 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Volume of 2<sup>nd</sup> Week of Bhadra: NRs. 162.48 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Volume of 3<sup>rd</sup> Week of Bhadra: NRs. 194.21 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Volume of 4<sup>th</sup> Week of Bhadra: NRs. Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">24<sup>th</sup> Bhadra : NRs. 23.79 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">25<sup>th</sup> Bhadra : NRs. 34.17 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">26<sup>th</sup> Bhadra : NRs. 37.61 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Commentary:</span></span></strong></span></span></p> <ul> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>1.</strong>Today NEPSE market has remained negative throughout the day. Along with the market other sub indices are also negative. Today, NEPSE Market has lost 0.46% and Sensitive index has lost 0.39%. The Float index has also decreased by 0.40% and the Sensitive Float has decreased by 0.26% today.</span></span></span></span></li> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>2.</strong>The turnover of today is more than that of previous day. </span></span></span></span></li> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>3.</strong>Out of the 11 Sub-indices traded today, all of them are negative. The noticeable changes are negative on Hotels by 1.29%, Hydropower by 0.97% and Banking by 0.26%.</span></span></span></span></li> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>4.</strong>The CMP of 26<sup>th</sup> Bhadra is below the pivot of 22<sup>nd</sup> Bhadra. Similarly, it is below the weekly pivot and the monthly pivot. </span></span></span></span></li> </ul> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Top 5 Scrips by turnovers:</span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:602px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Scrips</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Turnover</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Closing Price</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">LBLPO</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 4.70 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">112</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NICA</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 3.54 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">448</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">KBL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 2.62 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">203</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NBL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 2.02 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">315</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">CBBLPO</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.8px; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 1.49 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">470</span></span></strong></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Top 5 Gainers: </span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:602px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Scrips</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">LTP</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Percentage Change(in%</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">KPCL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">84.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">5.00</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NICGF</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">8.87</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">3.14</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NGPL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">100.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">3.09</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">GILB</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">725.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">2.98</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:1px; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">RHPC</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:1px; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">81.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:1px; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">2.53</span></span></strong></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Top 5 Losers: </span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:602px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Scrips</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">LTP</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Percentage Change(in%)</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">AHPC</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">96.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-6.79</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">HURJA</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">115.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-6.50</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NICL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">265.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-5.01</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">AKPL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">137.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-4.86</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">GHL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">68.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-4.22</span></span></strong></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Sector Wise Summary: </span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:39px; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Sector</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:39px; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Turnover Values</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:39px; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Turnover volume</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:39px; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Total Transaction</span></span></strong></span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Commercial Banks</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 18.05 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">619,082</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">2,344</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Finance</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 0.34 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">25,892</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">100</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Hotels</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 0.41 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">13,509</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">72</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Manufacturing And Processing</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 0.59 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">9,811</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">88</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Others</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 1.09 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">20,835</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">136</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Hydro Power</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 2.36 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">150,950</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">1,797</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Non Life Insurance</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 1.27 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">27,932</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">298</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Development Banks</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 1.71 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">90,404</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">356</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Preferred Stock</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 0.05 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">57,647</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">26</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Mutual Fund</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 6.31 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">452,555</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">16</span></span></p> </td> </tr> </tbody> </table> <p><img alt="" src="/app/webroot/userfiles/images/9th%20sep%202019%20joke.jpg" style="height:484px; width:1062px" /></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"> Pic. Showing Sensitive Candle Stick Chart</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Conclusion: </span></span></strong></span></span></p> <ul> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>1.</strong>The CMP of 26<sup>th</sup> Bhadra is below the pivot of 29<sup>th</sup> Bhadra and the volume is more than that of the last traded day. </span></span></span></span></li> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>2.</strong>Observing the candle stick patterns of today, it Black Opening Marubozu. In a clear downtrend, the emergence of such a candle preceded by a price gap may predict the acceleration of declines. The shorter the shadow is, the more negative the candle's significance.</span></span></span></span></li> </ul> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11143', 'image' => '20190912052847_3.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '22' ) ), (int) 11 => array( 'Article' => array( 'id' => '11392', 'article_category_id' => '1', 'title' => 'Nepal has Conducive Environment for Investment: Finance Minister', 'sub_title' => '', 'summary' => 'September 12: Finance Minister Yuba Raj Khatiwada said that Nepal has developed conducive environment for doing business and investment, according to a statement issued by the Confederation of Nepalese Industries (CNI).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">September 12: Finance Minister Yuba Raj Khatiwada said that Nepal has developed conducive environment for doing business and investment, according to a statement issued by the Confederation of Nepalese Industries (CNI). Citing that all foreign firms in the country have been making up to 25 per cent return against the global average of 10 per cent, Khatiwada reportedly said that Nepal is a better option for investors in terms of rate of return.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Speaking at a session of the Nepal Infrastructure Summit 2019 on Wednesday, Khatiwada said that the government is in the process of conducting sovereign credit rating to facilitate possible businesses in the country. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">However, the statement said Khatiwada acknowledged that the government has not been able to give due priority to the infrastructure sector in the lack of enough resources as the present government also has bigger responsibility of social security of citizens.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">"The Constitution has guaranteed more than 30 fundamental rights to the people and majority of them are related to social security. Along with this, the government also has to ensure availability of resources (administrative) to all the local governments across the country," the statement quoted Khatiwada as saying. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">In such context, Khatiwada said that the government is promoting support and investment from the private sector for desired economic goals and development aspirations of the country. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">According to him, ample investment in the infrastructure, including roadways, railways, airways and the tourism infrastructures will ensure easy entry of the private sector in the development process. Along with this, the government is seeking private sector support also to diversify and divide risks. However, Khatiwada said that some infrastructure projects can also be operated in business model in a bid to attract private sector investment in those projects. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Radesh Panta, former chief executive officer of the Investment Board Nepal (IBN) said that the country today needs quality investment for which the government should ensure necessary subsidy packages and coordination with investors. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">World Bank vice president Jingdong Huo said that the World Bank has been contributing to the private sector-oriented economic development in Nepal. As per him, the World Bank has been operating 25 projects in Nepal at present while $2.6 billion worth new projects have been initiated in Nepal lately. Moreover, Huo said that majority of economic indicators of Nepal today are satisfactory, the statement added. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11142', 'image' => '20190912041226_20190823015455_20180724052602_IMG_0298.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '11391', 'article_category_id' => '1', 'title' => '‘Economic Prosperity through Infrastructure Development’', 'sub_title' => '', 'summary' => 'September 12: Speakers at a session in the Nepal Infrastructure Summit 2019, which kicked off in Kathmandu on Wednesday, said that Nepal can achieve its desired economic growth and development goals through the development of infrastructures.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">September 12: Speakers at a session in the Nepal Infrastructure Summit 2019, which kicked off in Kathmandu on Wednesday, said that Nepal can achieve its desired economic growth and development goals through the development of infrastructures. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Addressing the mega event on infrastructure development, which is being organized jointly by the Confederation of Nepalese Industries (CNI) and the Government of Nepal, Director General of the World Bank Woochong Um said that countries including Nepal should focus on development of resilient infrastructure projects considering the rising global temperature and climate change issues.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Similarly, Um said that Nepal should prioritize community-based infrastructure development process so as to link Nepal's development aspirations and the Sustainable Development Goals (SDGs) adopted by the United Nations. Um also stressed on the effective coordination and partnership between the government and the private sector in the development projects. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Other participants including vice president of CNI Bishnu Kumar Agrawal, former revenue secretary Lal Shankar Ghimire, among others said that business climate in Nepal has been improving in the recent years and urged investors to make investment in different sectors. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Former Prime Minister Baburam Bhattarai said that the private sector can partner with the government in different development projects. </span></span></span></p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11141', 'image' => '20190912035306_1568279303.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '11389', 'article_category_id' => '1', 'title' => 'Central Plaza Announces Special Package for Rara Tour', 'sub_title' => '', 'summary' => 'September 12: Central Plaza, a five-star hotel based in Kohalpur, has announced a special package for Rara tour during Dashain, Tihar and Chhath.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">September 12: Central Plaza, a five-star hotel based in Kohalpur, has announced a special package for Rara tour during Dashain, Tihar and Chhath.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The hotel said that it announced the package to facilitate domestic as well as foreign tourists to visit the beautiful lake during the festive holidays and to promote the Visit Nepal Year campaign.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The hotel has already organized New Delhi- Rara car tour to promote Rara. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The package announced for the upcoming season offers special discount. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Under this package, it costs Rs 16,500 to Rs 20,000 per person for visiting Rara by vehicle and hiring a guide. Likewise, travelling to Rara by foot for a six-night, seven-day tour with camp fire and food and accommodation costs between Rs 22,500 to Rs 25,000 while the cost of traveling through air for three-night and four-day stay is Rs 35,000 to Rs 42,000. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Rara lake, which is the biggest lake of Nepal, lies in Mugu district of Karnali Province. The 10.8 square kilometer lake is renowned for its changing colour.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Besides a variety of flora including Rhododendron, the Rara National Park also boasts of endangered fauna species like red panda and other animals and birds including spiny blabber, Himalayan black bear, deer, musk deer, snow leopard, lophophorus among others.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">This place, which is considered a heaven on earth, also welcomes Siberian migratory birds during summer season when the temperature is favourable.</span></span></span></span></p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11140', 'image' => '20190912013703_aafddf.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '11390', 'article_category_id' => '1', 'title' => 'Unpaid labourers demand resignation of Melamchi official', 'sub_title' => '', 'summary' => 'September 12: A group of unpaid construction workers of the Melamchi Water Supply Project have demanded the resignation of the executive director of the project, Surya Raj Kandel.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 12: A group of unpaid construction workers of the Melamchi Water Supply Project have demanded the resignation of the executive director of the project, Surya Raj Kandel.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The victims demanded Kandel’s resignation arguing that they have not been paid even though the deposit of the Italian company, which left the project incomplete, has been frozen.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The local laborers, suppliers and subcontractors have been protesting against the project authorities claiming that the Italian contractor of the project, CMC di Ravenna, did not provide them their dues.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to a sub-contractor, Buddhi Krishna Lamichhane, the victims have handed over a memorandum to the prime minister, Ministry of Water Supply, Melamchi Project and the local unit.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the Melamchi Water Supply Project Victim’s Struggle Committee, the unpaid laborers who worked for CMC owe Rs 87.4 million to the project. However, the government is planning to provide only Rs 30.2 million as relief to the laborers so that they can celebrate Dashain festival. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The members of the struggle committee remain dissatisfied with this provision of the government. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The ongoing protest by the unpaid workers has troubled the newly selected contractor, Sinohydro Corporation Ltd about their safety. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11139', 'image' => '20190912035409_1568269322.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '11404', 'article_category_id' => '1', 'title' => 'Insurance Board Issues New Guideline', 'sub_title' => '', 'summary' => 'September 15: Insurance Board has issued a new guideline than makes it mandatory for insurance companies to present their evaluation report to the board within five months after the end of a fiscal year.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 15: Insurance Board has issued a new guideline than makes it mandatory for insurance companies to present their evaluation report to the board within five months after the end of a fiscal year. Earlier, the insurance companies had to present their report within 10 months.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Insurance Board has also issued a circular instructing the companies not to use the terms “free insurance” in their policy.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The board has reached to a conclusion that various industries as well as banks and financial institutions have been promoting their business using the terms “free insurance”, which has had negative impact on the insurance sector.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Insurance companies should avail their service to the customers through other companies and BFIs without mentioning ‘free insurance’,” the circular states.</span></span></p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11153', 'image' => '20190915103621_aaaa.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '11402', 'article_category_id' => '1', 'title' => 'Insurance Monopoly comes to an end at Kolkata Port', 'sub_title' => '', 'summary' => 'September 15: The monopoly of state-run insurance company at Kolkata Port has come to an end. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">September 15: The monopoly of state-run insurance company at Kolkata Port has come to an end. The customs department at Kolkata Port has allowed other insurance companies to sell their policies at the port for Nepal-bound goods.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Nepali importers believe this decision will bring down the cost of insurance for goods imported to Nepal from third countries.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">So far, National Insurance Company of India was the only company authorized to sell insurance policies to Nepal-bound goods through road or railway from Kolkata and Haldiya ports.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Nepal’s consul general to Kolkata Ek Narayan Aryal said that the decision taken by the Kolkata customs last Thursday will facilitate the insurance process of Nepal-bound goods.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">“It is obvious that competition among insurance companies will reduce the cost of purchasing insurance policy,” said Aryal.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, Nepali importers have welcomed the decision of Kolkata customs to end the monopoly.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Nepali importers had been paying IRs 300 premium for covering insurance up to IRs 100,000. The importers now claim that the premium charge will not be more than Rs 50 now.</span></span> </span></span></p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11152', 'image' => '20190915094116_IMG_20190912_200736.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '11401', 'article_category_id' => '1', 'title' => 'Nepal and India positive about construction of Butwal- Gorakhpur Transmission Line ', 'sub_title' => '', 'summary' => 'September 15: Nepal and India have agreed to expedite the construction of Butwal- Gorakhpur transmission line. It will be second electric transmission exchange project between Nepal and India.', 'content' => '<h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">September 15: Nepal and India have agreed to expedite the construction of Butwal- Gorakhpur transmission line. It will be second electric transmission exchange project between Nepal and India.</span></span></span></h1> <h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">Nepal had previously proposed India to fully construct the transmission line falling in its territory in addition to investing 50 percent amount for the transmission line on the Indian side, during the energy secretariat level meeting held between the countries. </span></span></span><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">A meeting held between Minister for Energy of Nepal Barsha Maan Pun and Energy State Minister of India RK Singh on September 13, Thursday moved ahead with the discussions regarding the project. </span></span></span></h1> <h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">An official present at the meeting informed New Business Age that the agenda of the Butwal- Gorakhpur transmission line project will be proposed for endorsement during the upcoming energy secretariat level meeting between the two countries. </span></span></span></h1> <h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">The official requesting anonymity informed that the ministry level meeting on Thursday made a primary agreement that the construction of the Butwal- Gorakhpur transmission line at the India side will be completed with a joint investment of Nepal and India. </span></span></span><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">In the previous energy secretariat meeting, the Indian side had not agreed to Nepal's proposal.</span></span></span><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">The recent meeting also decided to conduct secretary-level meeting on October 13 and 14 in Bangalore. </span></span></span></h1> <h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">Prabal Adhikari, spokesperson of Nepal Electricity Authority, informed that discussion on issues related to the construction of Butwal- Gorakhpur transmission line, energy banking, power trading were held during the meeting on Thursday. </span></span></span></h1> <h1> </h1> <p> </p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11151', 'image' => '20190915092327_20190517010911_aaa.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '11400', 'article_category_id' => '1', 'title' => 'Government Planning to Provide Cooking Gas at Subsidized Rate to Disadvantaged People', 'sub_title' => '', 'summary' => 'September 15: The government has decided to provide liquid petroleum Gas (LPG) at subsidized rate to the financially disadvantaged people. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">September 15: The government has decided to provide liquid petroleum Gas (LPG) at subsidized rate to the financially disadvantaged people. Minister for Industry, Commerce and Supplies Matrika Prasad Yadav made such announcement recently during the inauguration of the 24<sup>th</sup> Annual General Meeting of Nepal LP Gas Industry Association. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Though minister Yadav has announced to provide the gas to the financially backward group in low price, the decision has not been implemented. The minister had made the same promise even during the anniversary of Nepal Oil Corporation (NOC) some time ago. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Surendra Poudel, executive director of NOC, says the corporation has to bear a loss of Rs 193 in each gas cylinder. The corporation says that they have been selling gas at price lower than the actual price. Currently, consumers can get a cylinder of gas at Rs 1,375. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, representatives of the private sectors demanded that they should also be allowed to import and sell LPG. Rajendra Malla, vice president of Nepal Chamber of Commerce, stressed the need for dealer verification<strong> </strong>and implementation of automatic price mechanism. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The gas traders have accused that the government is not willing to understand their problems. Gokul Bhandari, president of Nepal LP Gas Industry Association, further said that the government has failed to manage the gas business and has not been able to fulfill their demands. </span></span></span></span></p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11150', 'image' => '20190915091321_20160717023059_gas.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '11399', 'article_category_id' => '266', 'title' => 'MoneyGram Awards Contest Winners, Announces New Promotion This Dashain', 'sub_title' => '', 'summary' => 'September 15: MoneyGram, a global provider of innovative money transfer and payment services, recently awarded the winners of its special promotion, which offered customers a chance to double their transaction amounts each week from May to July.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 15: MoneyGram, a global provider of innovative money transfer and payment services, recently awarded the winners of its special promotion, which offered customers a chance to double their transaction amounts each week from May to July. The company has also announced the launch of a new special promotion during the festive season of Dashain. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“We are honoured to play a big part in helping so many people throughout Nepal send money to their loved ones both here and abroad,” said Sheshagiri Malliah, regional head for Indian Sub-Continent, Indo China and Malaysia at MoneyGram. “I’m happy that we could present the 24 winners of our earlier promotion with twice the amount of money they had received. We look forward to keeping this promotion going and celebrating with everyone throughout Dashain.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Meanwhile, the company said the new promotion started from September 1 and ends on November 30. All people who are recipients of a MoneyGram transaction during this time will be eligible for lucky draw to win double the amount that they received. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“We’ve run this promotion before and it always creates a lot of excitement,” said Sabrina Chan, regional head of marketing for Asia Pacific, South Asia and Middle East. “Every week, we draw a new winner and it makes you feel good to see how happy this makes them. The joy that adding value to our customers’ lives brings is encouraging, and we’re grateful to be able to connect with so many people through this campaign and others like it in the future.”</span></span></p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11149', 'image' => '20190915090454_DSC09949.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '11398', 'article_category_id' => '1', 'title' => 'Nepali Citizens facing Problem in Withdrawing Cash from ATMs in India', 'sub_title' => '', 'summary' => 'September 13: Nepali citizens undergoing treatment or pursuing studies in India are facing problems to withdraw money using their smart cards following strict regulation after the ATM hacking in Kathmandu a few weeks ago.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">September 13: Nepali citizens undergoing treatment or pursuing studies in India are facing problems to withdraw money using their smart cards following strict regulation after the ATM hacking in Kathmandu a few weeks ago.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The central bank has disabled the use of ATM belonging to one bank from withdrawing money form another bank’s ATM booth, especially for the banking network associated with Nepal Electronic Payment System (NePS).</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Because of the adverse effects of the new provision, the central bank has directed NePS to seek alternative method as soon as possible.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Nepal Rastra Bank’s Spokesperson Laxmi Prapanna Niroula told New Business Age that the central bank has already instructed the concerned stakeholders to seek an alternative method for cash withdrawal from ATM after Nepali citizens started facing problems in India.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">“The banks have been instructed to release money to its customers in India either through remittance or by collaborating with Indian banks,” said Niroula.</span></span></span></span></p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11148', 'image' => '20190913031440_UANDBLOG.jpg', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '11397', 'article_category_id' => '1', 'title' => 'World Bank Suggests Reducing the number of Commercial Banks', 'sub_title' => '', 'summary' => 'September 13: Stating that the investment capacity of Nepal’s commercial bank in infrastructure is weak, the World Bank has suggested reducing the number of such banks from the existing 28 to 15.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">September 13: Stating that the investment capacity of Nepal’s commercial bank in infrastructure is weak, the World Bank has suggested reducing the number of such banks from the existing 28 to 15.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The World Bank in its report on Nepal Infrastructure Sector Assessment unveiled during the Third Nepal Infrastructure Summit on Thursday suggested reducing the number of commercial banks to increase their paid-up capital. This, according to the World Bank, would help the banks release loan in the infrastructure development.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The World Bank has suggested the concerned authorities to reduce the number of commercial banks to 15. It further said that the number can further be decreased to 10 in collaboration with international banks. The report suggests commercial banks to increase their paid-up capital to Rs 16 billion.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The World Bank’s suggestion has come at a time when Nepal Rastra Bank has adopted a policy to encourage ‘big merger’ in the country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Although the central bank is planning to reduce the number of commercial banks, it has not specifically decided the number of such banks. However, the central bank officials say they have tentatively decided to halve the number of commercial banks.</span></span></span></span></p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11147', 'image' => '20190913030014_Nepal-Infrastructure-Summit-2019.jpg', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '11396', 'article_category_id' => '1', 'title' => 'Nepal, Malaysia agree to Resume Recruitment of Migrant Workers', 'sub_title' => '', 'summary' => 'September 13: Nepal and Malaysia have agreed to implement the Labour Agreement signed between the two countries on October 29 last year.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">September 13: Nepal and Malaysia have agreed to implement the Labour Agreement signed between the two countries on October 29 last year. This has paved the way to resume the recruitment process of Nepali migrant workers in Malaysia, which was halted since the last 15 months.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Authorities of the two countries held a three-day meeting in Kuala Lumpur this week after which they decided to implement the landmark agreement of the past.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">As per the agreement, Nepali workers can apply for jobs in Malaysia without paying any amount for the recruitment process.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Both countries have also agreed to audit the financial report of the institutions which conduct health check-up of aspiring migrant workers.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">For this, a technical team of Malaysia will visit Nepal in November. The team will investigate 86 out of 122 government-listed health institutes. However, the 36 institutes which had been providing bio-medical test service for Malaysia-bound workers will not have to undergo inspection again.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Malaysia’s Human Resource Policy Department’s chief Betty Hasan and Joint-Secretary at the Ministry of Labour and Employment of Nepal, Ram Prasad Ghimire, signed the agreement on Thursday.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The government had halted sending Nepali workers to Malaysia on May 16, 2018 stating that the workers were being cheated by manpower agencies responsible for the recruitment.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11146', 'image' => '20190913021225_nanister (2).JPG', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '11395', 'article_category_id' => '1', 'title' => 'World Bank Report Highlights Private Sector Solutions for Sustainable Development in Nepal', 'sub_title' => '', 'summary' => 'September 13: A report prepared by the World Bank says it is the right time to mobilize private sector solutions in Nepal to close the infrastructure gap on the path to achieving the country’s growth aspirations.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 13: A report prepared by the World Bank says it is the right time to mobilize private sector solutions in Nepal to close the infrastructure gap on the path to achieving the country’s growth aspirations.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The World Bank’s report on Infrastructure Sector Assessment launched Thursday on the sidelines of the Nepal Infrastructure Summit 2019 assesses the energy, transport and urban infrastructure sectors together with cross-cutting issues and recommends interventions that combine short-term and longer-term structural and policy changes with tailored project implementation approaches to unlock private sector financing and cooperation with the public sector.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“For real benefits to accrue to Nepal’s citizens, the quality and sustainability of infrastructure services needs to improve with substantial and efficient investment,” a statement issued by the World Bank quoted Jingdong Hua, World Bank’s vice president and treasurer, as saying. “Unlocking private sector investment is key to sustainable infrastructure development to promote growth and equity and providing access to services, jobs and markets.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The report states that Nepal’s investment needs average 10-15 percent of GDP annually over the next decade as the country aspires to graduate from least developed country status by 2022 and towards middle-income country by 2030.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the World Bank, Nepal has historically relied on a mix of public and private financing in the electricity sector and a two to four-fold increase in investment is needed to meet the country’s projected electricity demand.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Likewise, public and private resources are key to developing the country’s transport infrastructure and address the issues of chronic underinvestment and improvements in connectivity and safety. Nepal is also among the fastest growing urban populations and while local governments under the federal setup are primarily responsible for public service delivery, the urban sector faces a paradoxical case of insufficient capital expenditure to meet demand on one hand and low capital spending on the other, the statement added.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“The country’s transition to federalism presents a unique opportunity to define roles, establish clarity, and build a renewed, strong partnership between the public and private sector,” stated Idah Z Pswarayi-Riddihough, World Bank’s country director for Nepal, Sri Lanka and the Maldives.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“In our aim to maximize finance for development, a strong focus is required in the areas of governance and capacity and regulatory frameworks together with a lens on gender and social inclusion and social and environmental management.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">While public investment is integral, particularly in sub-sectors that require large investment, the report recommends creating a conducive environment for private sector participation through sector-level groundwork, sustainable project structures, systematic and strategic public investment management and project selection, and investment-friendly policies and regulations.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Given the huge funding gap and about 30 million population eager to see speedy improvements in their quality of life, public-private partnerships (PPP) can be a useful tool for Nepal to leverage expertise and efficiency of the private sector while raising capital to meet the development needs of the country,” said Wendy Werner, IFC country manager for Nepal, Bhutan and Bangladesh.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The infrastructure sector assessment report follows a consultative approach to use in-depth analysis to develop a roadmap of interventions to debottleneck private sector and commercial investments. The report provides a set of recommendations for each sector in the areas of building the institutional and regulatory environment, strengthening financial viability, increasing availability of long-term finance, sectoral strengthening, developing an enabling environment for foreign investment, governance and public investment management, gender and social inclusion, and environment and social management.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11145', 'image' => '20190913092024_aaaa.jpg', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '11394', 'article_category_id' => '1', 'title' => 'Government, World Bank take Stock of Implementation Progress of Projects', 'sub_title' => '', 'summary' => 'September 13: The Government of Nepal and the World Bank (WB) jointly concluded the portfolio review covering 24 WB-financed projects with a total commitment of US$ 2.35 billion. ', 'content' => '<p>September 13: The Government of Nepal and the World Bank (WB) jointly concluded the portfolio review covering 24 WB-financed projects with a total commitment of US$ 2.35 billion. </p> <p>A joint statement issued by the government and the WB states that the projects supported by the WB were reviewed in detail at the concerned line ministries from September 9 to 11. </p> <p>The meetings were chaired by the respective secretaries and were attended by senior officials of the line ministries, respective departments and the World Bank. The concluding meeting on September 12 was chaired by Finance Minister Yuba Raj Khatiwada and WB Country Director for Nepal, Sri Lanka and the Maldives, Idah Z Pswarayi-Riddihough.</p> <p>Of the 24 projects, 20 are investment projects (about US$ 1.78 billion), three Program for Results operations (about US$ 468 million) and one Development Policy Credit (about US$ 100 million) spread across various sectors - energy, transport, earthquake housing reconstruction, education, health, social protection, water and irrigation, agriculture and livestock, and public financial management sectors.</p> <p>"The government acknowledges the support of the WB and its assistance to the country's development priorities," stated Finance Minister Khatiwada. “The review is an opportunity to learn and apply good practices across the different sectors while chalking out a roadmap that can be used to enhance project outcomes which in turn will ensure that development finance received by Nepal is utilized most productively.”</p> <p>The annual stocktaking exercise is organized to review the performance of ongoing projects, assess the impact of federal transition, review procurement and disbursement performance and discuss implementation challenges and agree on remedial measures, the statement further said.</p> <p>“The World Bank celebrates 50 years of the first International Development Association credit to Nepal this year on November 4, 2019 when the first project in the telecommunications sector was approved by the World Bank Board. We are indeed proud to be a trusted partner in Nepal’s development agenda,” stated Pswarayi-Riddihough. “We are encouraged by the successful implementation of projects in Nepal and look forward to working with the government to address implementation bottlenecks for effective and timely completion of projects for the benefit of the people of Nepal.”</p> <p>Following the review, the Ministry of Finance and the World Bank agreed on core actions that would help to accelerate project implementation including specific actions that can improve the implementation environment under the new federal structure.</p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11144', 'image' => '20190913090032_GoN-WB Joint Portfolio Review.jpg', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '11393', 'article_category_id' => '1', 'title' => 'Market watch 12th September(Thursday)', 'sub_title' => '', 'summary' => 'The CMP of 26th Bhadra is below the pivot of 29th Bhadra and the volume is more than that of the last traded day.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"> Pic. Showing NEPSE Candle Stick Chart</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Current Price (CMP): 1157.88</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">OHLC Update of 26<sup>th</sup> Bhadra:</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">O: 1163.71<br /> H: 1192.33<br /> L: 1156.38<br /> C: 1157.88</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot for 29<sup>th</sup> Bhadra: </span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:632px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S3</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R3</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:34px; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1147.09</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1151.73</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1154.81</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1159.45</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1162.53</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1167.17</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1170.25</span></span></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">OHLC Update of 4<sup>th</sup> Week of Bhadra:</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">O: 1192.07<br /> H: 1192.33</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">L: 1156.38</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">C: 1157.88</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot for the Last Week of Bhadra:</span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:632px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S3</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R3</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:34px; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1109.45</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1132.91</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1145.40</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1168.86</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1181.35</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1204.81</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1217.30</span></span></span></span></p> </td> </tr> </tbody> </table> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot for the month of Bhadra:</span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:632px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:34px; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S3</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R3</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:34px; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1139.02</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1180.41</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1202.22</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1243.61</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1265.42</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1306.81</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1328.62</span></span></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Turnover Update:</span></span></strong><br /> <span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">On Month of Shrawan : 888.27 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Volume of 1<sup>st</sup> Week of Bhadra: NRs. 154.59 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Volume of 2<sup>nd</sup> Week of Bhadra: NRs. 162.48 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Volume of 3<sup>rd</sup> Week of Bhadra: NRs. 194.21 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Volume of 4<sup>th</sup> Week of Bhadra: NRs. Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">24<sup>th</sup> Bhadra : NRs. 23.79 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">25<sup>th</sup> Bhadra : NRs. 34.17 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">26<sup>th</sup> Bhadra : NRs. 37.61 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Commentary:</span></span></strong></span></span></p> <ul> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>1.</strong>Today NEPSE market has remained negative throughout the day. Along with the market other sub indices are also negative. Today, NEPSE Market has lost 0.46% and Sensitive index has lost 0.39%. The Float index has also decreased by 0.40% and the Sensitive Float has decreased by 0.26% today.</span></span></span></span></li> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>2.</strong>The turnover of today is more than that of previous day. </span></span></span></span></li> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>3.</strong>Out of the 11 Sub-indices traded today, all of them are negative. The noticeable changes are negative on Hotels by 1.29%, Hydropower by 0.97% and Banking by 0.26%.</span></span></span></span></li> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>4.</strong>The CMP of 26<sup>th</sup> Bhadra is below the pivot of 22<sup>nd</sup> Bhadra. Similarly, it is below the weekly pivot and the monthly pivot. </span></span></span></span></li> </ul> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Top 5 Scrips by turnovers:</span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:602px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Scrips</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Turnover</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Closing Price</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">LBLPO</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 4.70 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">112</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NICA</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 3.54 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">448</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">KBL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 2.62 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">203</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NBL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 2.02 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">315</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">CBBLPO</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.8px; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 1.49 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">470</span></span></strong></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Top 5 Gainers: </span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:602px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Scrips</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">LTP</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Percentage Change(in%</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">KPCL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">84.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">5.00</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NICGF</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">8.87</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">3.14</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NGPL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">100.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">3.09</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">GILB</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">725.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">2.98</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:1px; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">RHPC</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:1px; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">81.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:1px; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">2.53</span></span></strong></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Top 5 Losers: </span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:602px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Scrips</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">LTP</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Percentage Change(in%)</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">AHPC</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">96.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-6.79</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">HURJA</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">115.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-6.50</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NICL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">265.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-5.01</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">AKPL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">137.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-4.86</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">GHL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">68.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-4.22</span></span></strong></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Sector Wise Summary: </span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:39px; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Sector</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:39px; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Turnover Values</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:39px; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Turnover volume</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:39px; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Total Transaction</span></span></strong></span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Commercial Banks</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 18.05 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">619,082</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">2,344</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Finance</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 0.34 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">25,892</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">100</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Hotels</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 0.41 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">13,509</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">72</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Manufacturing And Processing</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 0.59 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">9,811</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">88</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Others</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 1.09 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">20,835</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">136</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Hydro Power</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 2.36 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">150,950</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">1,797</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Non Life Insurance</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 1.27 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">27,932</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">298</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Development Banks</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 1.71 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">90,404</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">356</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Preferred Stock</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 0.05 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">57,647</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">26</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Mutual Fund</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 6.31 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">452,555</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">16</span></span></p> </td> </tr> </tbody> </table> <p><img alt="" src="/app/webroot/userfiles/images/9th%20sep%202019%20joke.jpg" style="height:484px; width:1062px" /></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"> Pic. Showing Sensitive Candle Stick Chart</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Conclusion: </span></span></strong></span></span></p> <ul> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>1.</strong>The CMP of 26<sup>th</sup> Bhadra is below the pivot of 29<sup>th</sup> Bhadra and the volume is more than that of the last traded day. </span></span></span></span></li> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>2.</strong>Observing the candle stick patterns of today, it Black Opening Marubozu. In a clear downtrend, the emergence of such a candle preceded by a price gap may predict the acceleration of declines. The shorter the shadow is, the more negative the candle's significance.</span></span></span></span></li> </ul> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11143', 'image' => '20190912052847_3.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '22' ) ), (int) 11 => array( 'Article' => array( 'id' => '11392', 'article_category_id' => '1', 'title' => 'Nepal has Conducive Environment for Investment: Finance Minister', 'sub_title' => '', 'summary' => 'September 12: Finance Minister Yuba Raj Khatiwada said that Nepal has developed conducive environment for doing business and investment, according to a statement issued by the Confederation of Nepalese Industries (CNI).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">September 12: Finance Minister Yuba Raj Khatiwada said that Nepal has developed conducive environment for doing business and investment, according to a statement issued by the Confederation of Nepalese Industries (CNI). Citing that all foreign firms in the country have been making up to 25 per cent return against the global average of 10 per cent, Khatiwada reportedly said that Nepal is a better option for investors in terms of rate of return.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Speaking at a session of the Nepal Infrastructure Summit 2019 on Wednesday, Khatiwada said that the government is in the process of conducting sovereign credit rating to facilitate possible businesses in the country. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">However, the statement said Khatiwada acknowledged that the government has not been able to give due priority to the infrastructure sector in the lack of enough resources as the present government also has bigger responsibility of social security of citizens.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">"The Constitution has guaranteed more than 30 fundamental rights to the people and majority of them are related to social security. Along with this, the government also has to ensure availability of resources (administrative) to all the local governments across the country," the statement quoted Khatiwada as saying. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">In such context, Khatiwada said that the government is promoting support and investment from the private sector for desired economic goals and development aspirations of the country. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">According to him, ample investment in the infrastructure, including roadways, railways, airways and the tourism infrastructures will ensure easy entry of the private sector in the development process. Along with this, the government is seeking private sector support also to diversify and divide risks. However, Khatiwada said that some infrastructure projects can also be operated in business model in a bid to attract private sector investment in those projects. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Radesh Panta, former chief executive officer of the Investment Board Nepal (IBN) said that the country today needs quality investment for which the government should ensure necessary subsidy packages and coordination with investors. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">World Bank vice president Jingdong Huo said that the World Bank has been contributing to the private sector-oriented economic development in Nepal. As per him, the World Bank has been operating 25 projects in Nepal at present while $2.6 billion worth new projects have been initiated in Nepal lately. Moreover, Huo said that majority of economic indicators of Nepal today are satisfactory, the statement added. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11142', 'image' => '20190912041226_20190823015455_20180724052602_IMG_0298.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '11391', 'article_category_id' => '1', 'title' => '‘Economic Prosperity through Infrastructure Development’', 'sub_title' => '', 'summary' => 'September 12: Speakers at a session in the Nepal Infrastructure Summit 2019, which kicked off in Kathmandu on Wednesday, said that Nepal can achieve its desired economic growth and development goals through the development of infrastructures.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">September 12: Speakers at a session in the Nepal Infrastructure Summit 2019, which kicked off in Kathmandu on Wednesday, said that Nepal can achieve its desired economic growth and development goals through the development of infrastructures. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Addressing the mega event on infrastructure development, which is being organized jointly by the Confederation of Nepalese Industries (CNI) and the Government of Nepal, Director General of the World Bank Woochong Um said that countries including Nepal should focus on development of resilient infrastructure projects considering the rising global temperature and climate change issues.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Similarly, Um said that Nepal should prioritize community-based infrastructure development process so as to link Nepal's development aspirations and the Sustainable Development Goals (SDGs) adopted by the United Nations. Um also stressed on the effective coordination and partnership between the government and the private sector in the development projects. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Other participants including vice president of CNI Bishnu Kumar Agrawal, former revenue secretary Lal Shankar Ghimire, among others said that business climate in Nepal has been improving in the recent years and urged investors to make investment in different sectors. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Former Prime Minister Baburam Bhattarai said that the private sector can partner with the government in different development projects. </span></span></span></p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11141', 'image' => '20190912035306_1568279303.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '11389', 'article_category_id' => '1', 'title' => 'Central Plaza Announces Special Package for Rara Tour', 'sub_title' => '', 'summary' => 'September 12: Central Plaza, a five-star hotel based in Kohalpur, has announced a special package for Rara tour during Dashain, Tihar and Chhath.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">September 12: Central Plaza, a five-star hotel based in Kohalpur, has announced a special package for Rara tour during Dashain, Tihar and Chhath.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The hotel said that it announced the package to facilitate domestic as well as foreign tourists to visit the beautiful lake during the festive holidays and to promote the Visit Nepal Year campaign.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The hotel has already organized New Delhi- Rara car tour to promote Rara. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The package announced for the upcoming season offers special discount. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Under this package, it costs Rs 16,500 to Rs 20,000 per person for visiting Rara by vehicle and hiring a guide. Likewise, travelling to Rara by foot for a six-night, seven-day tour with camp fire and food and accommodation costs between Rs 22,500 to Rs 25,000 while the cost of traveling through air for three-night and four-day stay is Rs 35,000 to Rs 42,000. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Rara lake, which is the biggest lake of Nepal, lies in Mugu district of Karnali Province. The 10.8 square kilometer lake is renowned for its changing colour.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Besides a variety of flora including Rhododendron, the Rara National Park also boasts of endangered fauna species like red panda and other animals and birds including spiny blabber, Himalayan black bear, deer, musk deer, snow leopard, lophophorus among others.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">This place, which is considered a heaven on earth, also welcomes Siberian migratory birds during summer season when the temperature is favourable.</span></span></span></span></p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11140', 'image' => '20190912013703_aafddf.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '11390', 'article_category_id' => '1', 'title' => 'Unpaid labourers demand resignation of Melamchi official', 'sub_title' => '', 'summary' => 'September 12: A group of unpaid construction workers of the Melamchi Water Supply Project have demanded the resignation of the executive director of the project, Surya Raj Kandel.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 12: A group of unpaid construction workers of the Melamchi Water Supply Project have demanded the resignation of the executive director of the project, Surya Raj Kandel.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The victims demanded Kandel’s resignation arguing that they have not been paid even though the deposit of the Italian company, which left the project incomplete, has been frozen.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The local laborers, suppliers and subcontractors have been protesting against the project authorities claiming that the Italian contractor of the project, CMC di Ravenna, did not provide them their dues.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to a sub-contractor, Buddhi Krishna Lamichhane, the victims have handed over a memorandum to the prime minister, Ministry of Water Supply, Melamchi Project and the local unit.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the Melamchi Water Supply Project Victim’s Struggle Committee, the unpaid laborers who worked for CMC owe Rs 87.4 million to the project. However, the government is planning to provide only Rs 30.2 million as relief to the laborers so that they can celebrate Dashain festival. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The members of the struggle committee remain dissatisfied with this provision of the government. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The ongoing protest by the unpaid workers has troubled the newly selected contractor, Sinohydro Corporation Ltd about their safety. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11139', 'image' => '20190912035409_1568269322.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '11404', 'article_category_id' => '1', 'title' => 'Insurance Board Issues New Guideline', 'sub_title' => '', 'summary' => 'September 15: Insurance Board has issued a new guideline than makes it mandatory for insurance companies to present their evaluation report to the board within five months after the end of a fiscal year.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 15: Insurance Board has issued a new guideline than makes it mandatory for insurance companies to present their evaluation report to the board within five months after the end of a fiscal year. Earlier, the insurance companies had to present their report within 10 months.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Insurance Board has also issued a circular instructing the companies not to use the terms “free insurance” in their policy.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The board has reached to a conclusion that various industries as well as banks and financial institutions have been promoting their business using the terms “free insurance”, which has had negative impact on the insurance sector.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Insurance companies should avail their service to the customers through other companies and BFIs without mentioning ‘free insurance’,” the circular states.</span></span></p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11153', 'image' => '20190915103621_aaaa.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '11402', 'article_category_id' => '1', 'title' => 'Insurance Monopoly comes to an end at Kolkata Port', 'sub_title' => '', 'summary' => 'September 15: The monopoly of state-run insurance company at Kolkata Port has come to an end. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">September 15: The monopoly of state-run insurance company at Kolkata Port has come to an end. The customs department at Kolkata Port has allowed other insurance companies to sell their policies at the port for Nepal-bound goods.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Nepali importers believe this decision will bring down the cost of insurance for goods imported to Nepal from third countries.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">So far, National Insurance Company of India was the only company authorized to sell insurance policies to Nepal-bound goods through road or railway from Kolkata and Haldiya ports.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Nepal’s consul general to Kolkata Ek Narayan Aryal said that the decision taken by the Kolkata customs last Thursday will facilitate the insurance process of Nepal-bound goods.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">“It is obvious that competition among insurance companies will reduce the cost of purchasing insurance policy,” said Aryal.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, Nepali importers have welcomed the decision of Kolkata customs to end the monopoly.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Nepali importers had been paying IRs 300 premium for covering insurance up to IRs 100,000. The importers now claim that the premium charge will not be more than Rs 50 now.</span></span> </span></span></p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11152', 'image' => '20190915094116_IMG_20190912_200736.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '11401', 'article_category_id' => '1', 'title' => 'Nepal and India positive about construction of Butwal- Gorakhpur Transmission Line ', 'sub_title' => '', 'summary' => 'September 15: Nepal and India have agreed to expedite the construction of Butwal- Gorakhpur transmission line. It will be second electric transmission exchange project between Nepal and India.', 'content' => '<h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">September 15: Nepal and India have agreed to expedite the construction of Butwal- Gorakhpur transmission line. It will be second electric transmission exchange project between Nepal and India.</span></span></span></h1> <h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">Nepal had previously proposed India to fully construct the transmission line falling in its territory in addition to investing 50 percent amount for the transmission line on the Indian side, during the energy secretariat level meeting held between the countries. </span></span></span><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">A meeting held between Minister for Energy of Nepal Barsha Maan Pun and Energy State Minister of India RK Singh on September 13, Thursday moved ahead with the discussions regarding the project. </span></span></span></h1> <h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">An official present at the meeting informed New Business Age that the agenda of the Butwal- Gorakhpur transmission line project will be proposed for endorsement during the upcoming energy secretariat level meeting between the two countries. </span></span></span></h1> <h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">The official requesting anonymity informed that the ministry level meeting on Thursday made a primary agreement that the construction of the Butwal- Gorakhpur transmission line at the India side will be completed with a joint investment of Nepal and India. </span></span></span><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">In the previous energy secretariat meeting, the Indian side had not agreed to Nepal's proposal.</span></span></span><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">The recent meeting also decided to conduct secretary-level meeting on October 13 and 14 in Bangalore. </span></span></span></h1> <h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">Prabal Adhikari, spokesperson of Nepal Electricity Authority, informed that discussion on issues related to the construction of Butwal- Gorakhpur transmission line, energy banking, power trading were held during the meeting on Thursday. </span></span></span></h1> <h1> </h1> <p> </p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11151', 'image' => '20190915092327_20190517010911_aaa.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '11400', 'article_category_id' => '1', 'title' => 'Government Planning to Provide Cooking Gas at Subsidized Rate to Disadvantaged People', 'sub_title' => '', 'summary' => 'September 15: The government has decided to provide liquid petroleum Gas (LPG) at subsidized rate to the financially disadvantaged people. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">September 15: The government has decided to provide liquid petroleum Gas (LPG) at subsidized rate to the financially disadvantaged people. Minister for Industry, Commerce and Supplies Matrika Prasad Yadav made such announcement recently during the inauguration of the 24<sup>th</sup> Annual General Meeting of Nepal LP Gas Industry Association. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Though minister Yadav has announced to provide the gas to the financially backward group in low price, the decision has not been implemented. The minister had made the same promise even during the anniversary of Nepal Oil Corporation (NOC) some time ago. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Surendra Poudel, executive director of NOC, says the corporation has to bear a loss of Rs 193 in each gas cylinder. The corporation says that they have been selling gas at price lower than the actual price. Currently, consumers can get a cylinder of gas at Rs 1,375. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, representatives of the private sectors demanded that they should also be allowed to import and sell LPG. Rajendra Malla, vice president of Nepal Chamber of Commerce, stressed the need for dealer verification<strong> </strong>and implementation of automatic price mechanism. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The gas traders have accused that the government is not willing to understand their problems. Gokul Bhandari, president of Nepal LP Gas Industry Association, further said that the government has failed to manage the gas business and has not been able to fulfill their demands. </span></span></span></span></p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11150', 'image' => '20190915091321_20160717023059_gas.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '11399', 'article_category_id' => '266', 'title' => 'MoneyGram Awards Contest Winners, Announces New Promotion This Dashain', 'sub_title' => '', 'summary' => 'September 15: MoneyGram, a global provider of innovative money transfer and payment services, recently awarded the winners of its special promotion, which offered customers a chance to double their transaction amounts each week from May to July.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 15: MoneyGram, a global provider of innovative money transfer and payment services, recently awarded the winners of its special promotion, which offered customers a chance to double their transaction amounts each week from May to July. The company has also announced the launch of a new special promotion during the festive season of Dashain. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“We are honoured to play a big part in helping so many people throughout Nepal send money to their loved ones both here and abroad,” said Sheshagiri Malliah, regional head for Indian Sub-Continent, Indo China and Malaysia at MoneyGram. “I’m happy that we could present the 24 winners of our earlier promotion with twice the amount of money they had received. We look forward to keeping this promotion going and celebrating with everyone throughout Dashain.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Meanwhile, the company said the new promotion started from September 1 and ends on November 30. All people who are recipients of a MoneyGram transaction during this time will be eligible for lucky draw to win double the amount that they received. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“We’ve run this promotion before and it always creates a lot of excitement,” said Sabrina Chan, regional head of marketing for Asia Pacific, South Asia and Middle East. “Every week, we draw a new winner and it makes you feel good to see how happy this makes them. The joy that adding value to our customers’ lives brings is encouraging, and we’re grateful to be able to connect with so many people through this campaign and others like it in the future.”</span></span></p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11149', 'image' => '20190915090454_DSC09949.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '11398', 'article_category_id' => '1', 'title' => 'Nepali Citizens facing Problem in Withdrawing Cash from ATMs in India', 'sub_title' => '', 'summary' => 'September 13: Nepali citizens undergoing treatment or pursuing studies in India are facing problems to withdraw money using their smart cards following strict regulation after the ATM hacking in Kathmandu a few weeks ago.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">September 13: Nepali citizens undergoing treatment or pursuing studies in India are facing problems to withdraw money using their smart cards following strict regulation after the ATM hacking in Kathmandu a few weeks ago.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The central bank has disabled the use of ATM belonging to one bank from withdrawing money form another bank’s ATM booth, especially for the banking network associated with Nepal Electronic Payment System (NePS).</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Because of the adverse effects of the new provision, the central bank has directed NePS to seek alternative method as soon as possible.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Nepal Rastra Bank’s Spokesperson Laxmi Prapanna Niroula told New Business Age that the central bank has already instructed the concerned stakeholders to seek an alternative method for cash withdrawal from ATM after Nepali citizens started facing problems in India.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">“The banks have been instructed to release money to its customers in India either through remittance or by collaborating with Indian banks,” said Niroula.</span></span></span></span></p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11148', 'image' => '20190913031440_UANDBLOG.jpg', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '11397', 'article_category_id' => '1', 'title' => 'World Bank Suggests Reducing the number of Commercial Banks', 'sub_title' => '', 'summary' => 'September 13: Stating that the investment capacity of Nepal’s commercial bank in infrastructure is weak, the World Bank has suggested reducing the number of such banks from the existing 28 to 15.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">September 13: Stating that the investment capacity of Nepal’s commercial bank in infrastructure is weak, the World Bank has suggested reducing the number of such banks from the existing 28 to 15.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The World Bank in its report on Nepal Infrastructure Sector Assessment unveiled during the Third Nepal Infrastructure Summit on Thursday suggested reducing the number of commercial banks to increase their paid-up capital. This, according to the World Bank, would help the banks release loan in the infrastructure development.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The World Bank has suggested the concerned authorities to reduce the number of commercial banks to 15. It further said that the number can further be decreased to 10 in collaboration with international banks. The report suggests commercial banks to increase their paid-up capital to Rs 16 billion.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The World Bank’s suggestion has come at a time when Nepal Rastra Bank has adopted a policy to encourage ‘big merger’ in the country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Although the central bank is planning to reduce the number of commercial banks, it has not specifically decided the number of such banks. However, the central bank officials say they have tentatively decided to halve the number of commercial banks.</span></span></span></span></p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11147', 'image' => '20190913030014_Nepal-Infrastructure-Summit-2019.jpg', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '11396', 'article_category_id' => '1', 'title' => 'Nepal, Malaysia agree to Resume Recruitment of Migrant Workers', 'sub_title' => '', 'summary' => 'September 13: Nepal and Malaysia have agreed to implement the Labour Agreement signed between the two countries on October 29 last year.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">September 13: Nepal and Malaysia have agreed to implement the Labour Agreement signed between the two countries on October 29 last year. This has paved the way to resume the recruitment process of Nepali migrant workers in Malaysia, which was halted since the last 15 months.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Authorities of the two countries held a three-day meeting in Kuala Lumpur this week after which they decided to implement the landmark agreement of the past.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">As per the agreement, Nepali workers can apply for jobs in Malaysia without paying any amount for the recruitment process.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Both countries have also agreed to audit the financial report of the institutions which conduct health check-up of aspiring migrant workers.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">For this, a technical team of Malaysia will visit Nepal in November. The team will investigate 86 out of 122 government-listed health institutes. However, the 36 institutes which had been providing bio-medical test service for Malaysia-bound workers will not have to undergo inspection again.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Malaysia’s Human Resource Policy Department’s chief Betty Hasan and Joint-Secretary at the Ministry of Labour and Employment of Nepal, Ram Prasad Ghimire, signed the agreement on Thursday.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The government had halted sending Nepali workers to Malaysia on May 16, 2018 stating that the workers were being cheated by manpower agencies responsible for the recruitment.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11146', 'image' => '20190913021225_nanister (2).JPG', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '11395', 'article_category_id' => '1', 'title' => 'World Bank Report Highlights Private Sector Solutions for Sustainable Development in Nepal', 'sub_title' => '', 'summary' => 'September 13: A report prepared by the World Bank says it is the right time to mobilize private sector solutions in Nepal to close the infrastructure gap on the path to achieving the country’s growth aspirations.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 13: A report prepared by the World Bank says it is the right time to mobilize private sector solutions in Nepal to close the infrastructure gap on the path to achieving the country’s growth aspirations.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The World Bank’s report on Infrastructure Sector Assessment launched Thursday on the sidelines of the Nepal Infrastructure Summit 2019 assesses the energy, transport and urban infrastructure sectors together with cross-cutting issues and recommends interventions that combine short-term and longer-term structural and policy changes with tailored project implementation approaches to unlock private sector financing and cooperation with the public sector.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“For real benefits to accrue to Nepal’s citizens, the quality and sustainability of infrastructure services needs to improve with substantial and efficient investment,” a statement issued by the World Bank quoted Jingdong Hua, World Bank’s vice president and treasurer, as saying. “Unlocking private sector investment is key to sustainable infrastructure development to promote growth and equity and providing access to services, jobs and markets.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The report states that Nepal’s investment needs average 10-15 percent of GDP annually over the next decade as the country aspires to graduate from least developed country status by 2022 and towards middle-income country by 2030.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the World Bank, Nepal has historically relied on a mix of public and private financing in the electricity sector and a two to four-fold increase in investment is needed to meet the country’s projected electricity demand.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Likewise, public and private resources are key to developing the country’s transport infrastructure and address the issues of chronic underinvestment and improvements in connectivity and safety. Nepal is also among the fastest growing urban populations and while local governments under the federal setup are primarily responsible for public service delivery, the urban sector faces a paradoxical case of insufficient capital expenditure to meet demand on one hand and low capital spending on the other, the statement added.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“The country’s transition to federalism presents a unique opportunity to define roles, establish clarity, and build a renewed, strong partnership between the public and private sector,” stated Idah Z Pswarayi-Riddihough, World Bank’s country director for Nepal, Sri Lanka and the Maldives.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“In our aim to maximize finance for development, a strong focus is required in the areas of governance and capacity and regulatory frameworks together with a lens on gender and social inclusion and social and environmental management.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">While public investment is integral, particularly in sub-sectors that require large investment, the report recommends creating a conducive environment for private sector participation through sector-level groundwork, sustainable project structures, systematic and strategic public investment management and project selection, and investment-friendly policies and regulations.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Given the huge funding gap and about 30 million population eager to see speedy improvements in their quality of life, public-private partnerships (PPP) can be a useful tool for Nepal to leverage expertise and efficiency of the private sector while raising capital to meet the development needs of the country,” said Wendy Werner, IFC country manager for Nepal, Bhutan and Bangladesh.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The infrastructure sector assessment report follows a consultative approach to use in-depth analysis to develop a roadmap of interventions to debottleneck private sector and commercial investments. The report provides a set of recommendations for each sector in the areas of building the institutional and regulatory environment, strengthening financial viability, increasing availability of long-term finance, sectoral strengthening, developing an enabling environment for foreign investment, governance and public investment management, gender and social inclusion, and environment and social management.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11145', 'image' => '20190913092024_aaaa.jpg', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '11394', 'article_category_id' => '1', 'title' => 'Government, World Bank take Stock of Implementation Progress of Projects', 'sub_title' => '', 'summary' => 'September 13: The Government of Nepal and the World Bank (WB) jointly concluded the portfolio review covering 24 WB-financed projects with a total commitment of US$ 2.35 billion. ', 'content' => '<p>September 13: The Government of Nepal and the World Bank (WB) jointly concluded the portfolio review covering 24 WB-financed projects with a total commitment of US$ 2.35 billion. </p> <p>A joint statement issued by the government and the WB states that the projects supported by the WB were reviewed in detail at the concerned line ministries from September 9 to 11. </p> <p>The meetings were chaired by the respective secretaries and were attended by senior officials of the line ministries, respective departments and the World Bank. The concluding meeting on September 12 was chaired by Finance Minister Yuba Raj Khatiwada and WB Country Director for Nepal, Sri Lanka and the Maldives, Idah Z Pswarayi-Riddihough.</p> <p>Of the 24 projects, 20 are investment projects (about US$ 1.78 billion), three Program for Results operations (about US$ 468 million) and one Development Policy Credit (about US$ 100 million) spread across various sectors - energy, transport, earthquake housing reconstruction, education, health, social protection, water and irrigation, agriculture and livestock, and public financial management sectors.</p> <p>"The government acknowledges the support of the WB and its assistance to the country's development priorities," stated Finance Minister Khatiwada. “The review is an opportunity to learn and apply good practices across the different sectors while chalking out a roadmap that can be used to enhance project outcomes which in turn will ensure that development finance received by Nepal is utilized most productively.”</p> <p>The annual stocktaking exercise is organized to review the performance of ongoing projects, assess the impact of federal transition, review procurement and disbursement performance and discuss implementation challenges and agree on remedial measures, the statement further said.</p> <p>“The World Bank celebrates 50 years of the first International Development Association credit to Nepal this year on November 4, 2019 when the first project in the telecommunications sector was approved by the World Bank Board. We are indeed proud to be a trusted partner in Nepal’s development agenda,” stated Pswarayi-Riddihough. “We are encouraged by the successful implementation of projects in Nepal and look forward to working with the government to address implementation bottlenecks for effective and timely completion of projects for the benefit of the people of Nepal.”</p> <p>Following the review, the Ministry of Finance and the World Bank agreed on core actions that would help to accelerate project implementation including specific actions that can improve the implementation environment under the new federal structure.</p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11144', 'image' => '20190913090032_GoN-WB Joint Portfolio Review.jpg', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '11393', 'article_category_id' => '1', 'title' => 'Market watch 12th September(Thursday)', 'sub_title' => '', 'summary' => 'The CMP of 26th Bhadra is below the pivot of 29th Bhadra and the volume is more than that of the last traded day.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"> Pic. Showing NEPSE Candle Stick Chart</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Current Price (CMP): 1157.88</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">OHLC Update of 26<sup>th</sup> Bhadra:</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">O: 1163.71<br /> H: 1192.33<br /> L: 1156.38<br /> C: 1157.88</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot for 29<sup>th</sup> Bhadra: </span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:632px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S3</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R3</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:34px; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1147.09</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1151.73</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1154.81</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1159.45</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1162.53</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1167.17</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1170.25</span></span></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">OHLC Update of 4<sup>th</sup> Week of Bhadra:</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">O: 1192.07<br /> H: 1192.33</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">L: 1156.38</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">C: 1157.88</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot for the Last Week of Bhadra:</span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:632px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S3</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R3</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:34px; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1109.45</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1132.91</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1145.40</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1168.86</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1181.35</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1204.81</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1217.30</span></span></span></span></p> </td> </tr> </tbody> </table> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot for the month of Bhadra:</span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:632px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:34px; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S3</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R3</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:34px; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1139.02</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1180.41</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1202.22</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1243.61</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1265.42</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1306.81</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1328.62</span></span></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Turnover Update:</span></span></strong><br /> <span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">On Month of Shrawan : 888.27 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Volume of 1<sup>st</sup> Week of Bhadra: NRs. 154.59 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Volume of 2<sup>nd</sup> Week of Bhadra: NRs. 162.48 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Volume of 3<sup>rd</sup> Week of Bhadra: NRs. 194.21 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Volume of 4<sup>th</sup> Week of Bhadra: NRs. Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">24<sup>th</sup> Bhadra : NRs. 23.79 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">25<sup>th</sup> Bhadra : NRs. 34.17 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">26<sup>th</sup> Bhadra : NRs. 37.61 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Commentary:</span></span></strong></span></span></p> <ul> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>1.</strong>Today NEPSE market has remained negative throughout the day. Along with the market other sub indices are also negative. Today, NEPSE Market has lost 0.46% and Sensitive index has lost 0.39%. The Float index has also decreased by 0.40% and the Sensitive Float has decreased by 0.26% today.</span></span></span></span></li> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>2.</strong>The turnover of today is more than that of previous day. </span></span></span></span></li> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>3.</strong>Out of the 11 Sub-indices traded today, all of them are negative. The noticeable changes are negative on Hotels by 1.29%, Hydropower by 0.97% and Banking by 0.26%.</span></span></span></span></li> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>4.</strong>The CMP of 26<sup>th</sup> Bhadra is below the pivot of 22<sup>nd</sup> Bhadra. Similarly, it is below the weekly pivot and the monthly pivot. </span></span></span></span></li> </ul> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Top 5 Scrips by turnovers:</span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:602px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Scrips</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Turnover</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Closing Price</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">LBLPO</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 4.70 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">112</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NICA</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 3.54 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">448</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">KBL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 2.62 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">203</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NBL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 2.02 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">315</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">CBBLPO</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.8px; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 1.49 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">470</span></span></strong></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Top 5 Gainers: </span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:602px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Scrips</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">LTP</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Percentage Change(in%</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">KPCL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">84.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">5.00</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NICGF</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">8.87</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">3.14</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NGPL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">100.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">3.09</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">GILB</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">725.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">2.98</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:1px; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">RHPC</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:1px; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">81.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:1px; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">2.53</span></span></strong></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Top 5 Losers: </span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:602px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Scrips</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">LTP</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Percentage Change(in%)</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">AHPC</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">96.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-6.79</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">HURJA</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">115.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-6.50</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NICL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">265.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-5.01</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">AKPL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">137.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-4.86</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">GHL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">68.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-4.22</span></span></strong></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Sector Wise Summary: </span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:39px; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Sector</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:39px; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Turnover Values</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:39px; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Turnover volume</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:39px; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Total Transaction</span></span></strong></span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Commercial Banks</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 18.05 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">619,082</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">2,344</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Finance</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 0.34 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">25,892</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">100</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Hotels</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 0.41 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">13,509</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">72</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Manufacturing And Processing</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 0.59 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">9,811</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">88</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Others</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 1.09 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">20,835</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">136</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Hydro Power</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 2.36 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">150,950</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">1,797</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Non Life Insurance</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 1.27 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">27,932</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">298</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Development Banks</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 1.71 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">90,404</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">356</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Preferred Stock</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 0.05 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">57,647</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">26</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Mutual Fund</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 6.31 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">452,555</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">16</span></span></p> </td> </tr> </tbody> </table> <p><img alt="" src="/app/webroot/userfiles/images/9th%20sep%202019%20joke.jpg" style="height:484px; width:1062px" /></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"> Pic. Showing Sensitive Candle Stick Chart</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Conclusion: </span></span></strong></span></span></p> <ul> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>1.</strong>The CMP of 26<sup>th</sup> Bhadra is below the pivot of 29<sup>th</sup> Bhadra and the volume is more than that of the last traded day. </span></span></span></span></li> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>2.</strong>Observing the candle stick patterns of today, it Black Opening Marubozu. In a clear downtrend, the emergence of such a candle preceded by a price gap may predict the acceleration of declines. The shorter the shadow is, the more negative the candle's significance.</span></span></span></span></li> </ul> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11143', 'image' => '20190912052847_3.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '22' ) ), (int) 11 => array( 'Article' => array( 'id' => '11392', 'article_category_id' => '1', 'title' => 'Nepal has Conducive Environment for Investment: Finance Minister', 'sub_title' => '', 'summary' => 'September 12: Finance Minister Yuba Raj Khatiwada said that Nepal has developed conducive environment for doing business and investment, according to a statement issued by the Confederation of Nepalese Industries (CNI).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">September 12: Finance Minister Yuba Raj Khatiwada said that Nepal has developed conducive environment for doing business and investment, according to a statement issued by the Confederation of Nepalese Industries (CNI). Citing that all foreign firms in the country have been making up to 25 per cent return against the global average of 10 per cent, Khatiwada reportedly said that Nepal is a better option for investors in terms of rate of return.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Speaking at a session of the Nepal Infrastructure Summit 2019 on Wednesday, Khatiwada said that the government is in the process of conducting sovereign credit rating to facilitate possible businesses in the country. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">However, the statement said Khatiwada acknowledged that the government has not been able to give due priority to the infrastructure sector in the lack of enough resources as the present government also has bigger responsibility of social security of citizens.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">"The Constitution has guaranteed more than 30 fundamental rights to the people and majority of them are related to social security. Along with this, the government also has to ensure availability of resources (administrative) to all the local governments across the country," the statement quoted Khatiwada as saying. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">In such context, Khatiwada said that the government is promoting support and investment from the private sector for desired economic goals and development aspirations of the country. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">According to him, ample investment in the infrastructure, including roadways, railways, airways and the tourism infrastructures will ensure easy entry of the private sector in the development process. Along with this, the government is seeking private sector support also to diversify and divide risks. However, Khatiwada said that some infrastructure projects can also be operated in business model in a bid to attract private sector investment in those projects. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Radesh Panta, former chief executive officer of the Investment Board Nepal (IBN) said that the country today needs quality investment for which the government should ensure necessary subsidy packages and coordination with investors. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">World Bank vice president Jingdong Huo said that the World Bank has been contributing to the private sector-oriented economic development in Nepal. As per him, the World Bank has been operating 25 projects in Nepal at present while $2.6 billion worth new projects have been initiated in Nepal lately. Moreover, Huo said that majority of economic indicators of Nepal today are satisfactory, the statement added. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11142', 'image' => '20190912041226_20190823015455_20180724052602_IMG_0298.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '11391', 'article_category_id' => '1', 'title' => '‘Economic Prosperity through Infrastructure Development’', 'sub_title' => '', 'summary' => 'September 12: Speakers at a session in the Nepal Infrastructure Summit 2019, which kicked off in Kathmandu on Wednesday, said that Nepal can achieve its desired economic growth and development goals through the development of infrastructures.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">September 12: Speakers at a session in the Nepal Infrastructure Summit 2019, which kicked off in Kathmandu on Wednesday, said that Nepal can achieve its desired economic growth and development goals through the development of infrastructures. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Addressing the mega event on infrastructure development, which is being organized jointly by the Confederation of Nepalese Industries (CNI) and the Government of Nepal, Director General of the World Bank Woochong Um said that countries including Nepal should focus on development of resilient infrastructure projects considering the rising global temperature and climate change issues.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Similarly, Um said that Nepal should prioritize community-based infrastructure development process so as to link Nepal's development aspirations and the Sustainable Development Goals (SDGs) adopted by the United Nations. Um also stressed on the effective coordination and partnership between the government and the private sector in the development projects. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Other participants including vice president of CNI Bishnu Kumar Agrawal, former revenue secretary Lal Shankar Ghimire, among others said that business climate in Nepal has been improving in the recent years and urged investors to make investment in different sectors. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Former Prime Minister Baburam Bhattarai said that the private sector can partner with the government in different development projects. </span></span></span></p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11141', 'image' => '20190912035306_1568279303.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '11389', 'article_category_id' => '1', 'title' => 'Central Plaza Announces Special Package for Rara Tour', 'sub_title' => '', 'summary' => 'September 12: Central Plaza, a five-star hotel based in Kohalpur, has announced a special package for Rara tour during Dashain, Tihar and Chhath.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">September 12: Central Plaza, a five-star hotel based in Kohalpur, has announced a special package for Rara tour during Dashain, Tihar and Chhath.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The hotel said that it announced the package to facilitate domestic as well as foreign tourists to visit the beautiful lake during the festive holidays and to promote the Visit Nepal Year campaign.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The hotel has already organized New Delhi- Rara car tour to promote Rara. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The package announced for the upcoming season offers special discount. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Under this package, it costs Rs 16,500 to Rs 20,000 per person for visiting Rara by vehicle and hiring a guide. Likewise, travelling to Rara by foot for a six-night, seven-day tour with camp fire and food and accommodation costs between Rs 22,500 to Rs 25,000 while the cost of traveling through air for three-night and four-day stay is Rs 35,000 to Rs 42,000. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Rara lake, which is the biggest lake of Nepal, lies in Mugu district of Karnali Province. The 10.8 square kilometer lake is renowned for its changing colour.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Besides a variety of flora including Rhododendron, the Rara National Park also boasts of endangered fauna species like red panda and other animals and birds including spiny blabber, Himalayan black bear, deer, musk deer, snow leopard, lophophorus among others.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">This place, which is considered a heaven on earth, also welcomes Siberian migratory birds during summer season when the temperature is favourable.</span></span></span></span></p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11140', 'image' => '20190912013703_aafddf.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '11390', 'article_category_id' => '1', 'title' => 'Unpaid labourers demand resignation of Melamchi official', 'sub_title' => '', 'summary' => 'September 12: A group of unpaid construction workers of the Melamchi Water Supply Project have demanded the resignation of the executive director of the project, Surya Raj Kandel.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 12: A group of unpaid construction workers of the Melamchi Water Supply Project have demanded the resignation of the executive director of the project, Surya Raj Kandel.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The victims demanded Kandel’s resignation arguing that they have not been paid even though the deposit of the Italian company, which left the project incomplete, has been frozen.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The local laborers, suppliers and subcontractors have been protesting against the project authorities claiming that the Italian contractor of the project, CMC di Ravenna, did not provide them their dues.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to a sub-contractor, Buddhi Krishna Lamichhane, the victims have handed over a memorandum to the prime minister, Ministry of Water Supply, Melamchi Project and the local unit.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the Melamchi Water Supply Project Victim’s Struggle Committee, the unpaid laborers who worked for CMC owe Rs 87.4 million to the project. However, the government is planning to provide only Rs 30.2 million as relief to the laborers so that they can celebrate Dashain festival. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The members of the struggle committee remain dissatisfied with this provision of the government. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The ongoing protest by the unpaid workers has troubled the newly selected contractor, Sinohydro Corporation Ltd about their safety. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11139', 'image' => '20190912035409_1568269322.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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Earlier, the insurance companies had to present their report within 10 months.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Insurance Board has also issued a circular instructing the companies not to use the terms “free insurance” in their policy.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The board has reached to a conclusion that various industries as well as banks and financial institutions have been promoting their business using the terms “free insurance”, which has had negative impact on the insurance sector.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Insurance companies should avail their service to the customers through other companies and BFIs without mentioning ‘free insurance’,” the circular states.</span></span></p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11153', 'image' => '20190915103621_aaaa.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '11402', 'article_category_id' => '1', 'title' => 'Insurance Monopoly comes to an end at Kolkata Port', 'sub_title' => '', 'summary' => 'September 15: The monopoly of state-run insurance company at Kolkata Port has come to an end. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">September 15: The monopoly of state-run insurance company at Kolkata Port has come to an end. The customs department at Kolkata Port has allowed other insurance companies to sell their policies at the port for Nepal-bound goods.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Nepali importers believe this decision will bring down the cost of insurance for goods imported to Nepal from third countries.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">So far, National Insurance Company of India was the only company authorized to sell insurance policies to Nepal-bound goods through road or railway from Kolkata and Haldiya ports.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Nepal’s consul general to Kolkata Ek Narayan Aryal said that the decision taken by the Kolkata customs last Thursday will facilitate the insurance process of Nepal-bound goods.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">“It is obvious that competition among insurance companies will reduce the cost of purchasing insurance policy,” said Aryal.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, Nepali importers have welcomed the decision of Kolkata customs to end the monopoly.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Nepali importers had been paying IRs 300 premium for covering insurance up to IRs 100,000. The importers now claim that the premium charge will not be more than Rs 50 now.</span></span> </span></span></p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11152', 'image' => '20190915094116_IMG_20190912_200736.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '11401', 'article_category_id' => '1', 'title' => 'Nepal and India positive about construction of Butwal- Gorakhpur Transmission Line ', 'sub_title' => '', 'summary' => 'September 15: Nepal and India have agreed to expedite the construction of Butwal- Gorakhpur transmission line. It will be second electric transmission exchange project between Nepal and India.', 'content' => '<h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">September 15: Nepal and India have agreed to expedite the construction of Butwal- Gorakhpur transmission line. It will be second electric transmission exchange project between Nepal and India.</span></span></span></h1> <h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">Nepal had previously proposed India to fully construct the transmission line falling in its territory in addition to investing 50 percent amount for the transmission line on the Indian side, during the energy secretariat level meeting held between the countries. </span></span></span><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">A meeting held between Minister for Energy of Nepal Barsha Maan Pun and Energy State Minister of India RK Singh on September 13, Thursday moved ahead with the discussions regarding the project. </span></span></span></h1> <h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">An official present at the meeting informed New Business Age that the agenda of the Butwal- Gorakhpur transmission line project will be proposed for endorsement during the upcoming energy secretariat level meeting between the two countries. </span></span></span></h1> <h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">The official requesting anonymity informed that the ministry level meeting on Thursday made a primary agreement that the construction of the Butwal- Gorakhpur transmission line at the India side will be completed with a joint investment of Nepal and India. </span></span></span><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">In the previous energy secretariat meeting, the Indian side had not agreed to Nepal's proposal.</span></span></span><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">The recent meeting also decided to conduct secretary-level meeting on October 13 and 14 in Bangalore. </span></span></span></h1> <h1><span style="font-size:24pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:14.0pt">Prabal Adhikari, spokesperson of Nepal Electricity Authority, informed that discussion on issues related to the construction of Butwal- Gorakhpur transmission line, energy banking, power trading were held during the meeting on Thursday. </span></span></span></h1> <h1> </h1> <p> </p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11151', 'image' => '20190915092327_20190517010911_aaa.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '11400', 'article_category_id' => '1', 'title' => 'Government Planning to Provide Cooking Gas at Subsidized Rate to Disadvantaged People', 'sub_title' => '', 'summary' => 'September 15: The government has decided to provide liquid petroleum Gas (LPG) at subsidized rate to the financially disadvantaged people. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">September 15: The government has decided to provide liquid petroleum Gas (LPG) at subsidized rate to the financially disadvantaged people. Minister for Industry, Commerce and Supplies Matrika Prasad Yadav made such announcement recently during the inauguration of the 24<sup>th</sup> Annual General Meeting of Nepal LP Gas Industry Association. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Though minister Yadav has announced to provide the gas to the financially backward group in low price, the decision has not been implemented. The minister had made the same promise even during the anniversary of Nepal Oil Corporation (NOC) some time ago. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Surendra Poudel, executive director of NOC, says the corporation has to bear a loss of Rs 193 in each gas cylinder. The corporation says that they have been selling gas at price lower than the actual price. Currently, consumers can get a cylinder of gas at Rs 1,375. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, representatives of the private sectors demanded that they should also be allowed to import and sell LPG. Rajendra Malla, vice president of Nepal Chamber of Commerce, stressed the need for dealer verification<strong> </strong>and implementation of automatic price mechanism. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The gas traders have accused that the government is not willing to understand their problems. Gokul Bhandari, president of Nepal LP Gas Industry Association, further said that the government has failed to manage the gas business and has not been able to fulfill their demands. </span></span></span></span></p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11150', 'image' => '20190915091321_20160717023059_gas.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '11399', 'article_category_id' => '266', 'title' => 'MoneyGram Awards Contest Winners, Announces New Promotion This Dashain', 'sub_title' => '', 'summary' => 'September 15: MoneyGram, a global provider of innovative money transfer and payment services, recently awarded the winners of its special promotion, which offered customers a chance to double their transaction amounts each week from May to July.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 15: MoneyGram, a global provider of innovative money transfer and payment services, recently awarded the winners of its special promotion, which offered customers a chance to double their transaction amounts each week from May to July. The company has also announced the launch of a new special promotion during the festive season of Dashain. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“We are honoured to play a big part in helping so many people throughout Nepal send money to their loved ones both here and abroad,” said Sheshagiri Malliah, regional head for Indian Sub-Continent, Indo China and Malaysia at MoneyGram. “I’m happy that we could present the 24 winners of our earlier promotion with twice the amount of money they had received. We look forward to keeping this promotion going and celebrating with everyone throughout Dashain.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Meanwhile, the company said the new promotion started from September 1 and ends on November 30. All people who are recipients of a MoneyGram transaction during this time will be eligible for lucky draw to win double the amount that they received. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“We’ve run this promotion before and it always creates a lot of excitement,” said Sabrina Chan, regional head of marketing for Asia Pacific, South Asia and Middle East. “Every week, we draw a new winner and it makes you feel good to see how happy this makes them. The joy that adding value to our customers’ lives brings is encouraging, and we’re grateful to be able to connect with so many people through this campaign and others like it in the future.”</span></span></p> ', 'published' => true, 'created' => '2019-09-15', 'modified' => '2019-09-15', 'keywords' => '', 'description' => '', 'sortorder' => '11149', 'image' => '20190915090454_DSC09949.jpg', 'article_date' => '2019-09-15 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '11398', 'article_category_id' => '1', 'title' => 'Nepali Citizens facing Problem in Withdrawing Cash from ATMs in India', 'sub_title' => '', 'summary' => 'September 13: Nepali citizens undergoing treatment or pursuing studies in India are facing problems to withdraw money using their smart cards following strict regulation after the ATM hacking in Kathmandu a few weeks ago.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">September 13: Nepali citizens undergoing treatment or pursuing studies in India are facing problems to withdraw money using their smart cards following strict regulation after the ATM hacking in Kathmandu a few weeks ago.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The central bank has disabled the use of ATM belonging to one bank from withdrawing money form another bank’s ATM booth, especially for the banking network associated with Nepal Electronic Payment System (NePS).</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Because of the adverse effects of the new provision, the central bank has directed NePS to seek alternative method as soon as possible.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Nepal Rastra Bank’s Spokesperson Laxmi Prapanna Niroula told New Business Age that the central bank has already instructed the concerned stakeholders to seek an alternative method for cash withdrawal from ATM after Nepali citizens started facing problems in India.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">“The banks have been instructed to release money to its customers in India either through remittance or by collaborating with Indian banks,” said Niroula.</span></span></span></span></p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11148', 'image' => '20190913031440_UANDBLOG.jpg', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '11397', 'article_category_id' => '1', 'title' => 'World Bank Suggests Reducing the number of Commercial Banks', 'sub_title' => '', 'summary' => 'September 13: Stating that the investment capacity of Nepal’s commercial bank in infrastructure is weak, the World Bank has suggested reducing the number of such banks from the existing 28 to 15.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">September 13: Stating that the investment capacity of Nepal’s commercial bank in infrastructure is weak, the World Bank has suggested reducing the number of such banks from the existing 28 to 15.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The World Bank in its report on Nepal Infrastructure Sector Assessment unveiled during the Third Nepal Infrastructure Summit on Thursday suggested reducing the number of commercial banks to increase their paid-up capital. This, according to the World Bank, would help the banks release loan in the infrastructure development.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The World Bank has suggested the concerned authorities to reduce the number of commercial banks to 15. It further said that the number can further be decreased to 10 in collaboration with international banks. The report suggests commercial banks to increase their paid-up capital to Rs 16 billion.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The World Bank’s suggestion has come at a time when Nepal Rastra Bank has adopted a policy to encourage ‘big merger’ in the country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Although the central bank is planning to reduce the number of commercial banks, it has not specifically decided the number of such banks. However, the central bank officials say they have tentatively decided to halve the number of commercial banks.</span></span></span></span></p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11147', 'image' => '20190913030014_Nepal-Infrastructure-Summit-2019.jpg', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '11396', 'article_category_id' => '1', 'title' => 'Nepal, Malaysia agree to Resume Recruitment of Migrant Workers', 'sub_title' => '', 'summary' => 'September 13: Nepal and Malaysia have agreed to implement the Labour Agreement signed between the two countries on October 29 last year.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">September 13: Nepal and Malaysia have agreed to implement the Labour Agreement signed between the two countries on October 29 last year. This has paved the way to resume the recruitment process of Nepali migrant workers in Malaysia, which was halted since the last 15 months.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Authorities of the two countries held a three-day meeting in Kuala Lumpur this week after which they decided to implement the landmark agreement of the past.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">As per the agreement, Nepali workers can apply for jobs in Malaysia without paying any amount for the recruitment process.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Both countries have also agreed to audit the financial report of the institutions which conduct health check-up of aspiring migrant workers.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">For this, a technical team of Malaysia will visit Nepal in November. The team will investigate 86 out of 122 government-listed health institutes. However, the 36 institutes which had been providing bio-medical test service for Malaysia-bound workers will not have to undergo inspection again.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">Malaysia’s Human Resource Policy Department’s chief Betty Hasan and Joint-Secretary at the Ministry of Labour and Employment of Nepal, Ram Prasad Ghimire, signed the agreement on Thursday.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:Cambria"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS"">The government had halted sending Nepali workers to Malaysia on May 16, 2018 stating that the workers were being cheated by manpower agencies responsible for the recruitment.</span></span></span></span></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11146', 'image' => '20190913021225_nanister (2).JPG', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '11395', 'article_category_id' => '1', 'title' => 'World Bank Report Highlights Private Sector Solutions for Sustainable Development in Nepal', 'sub_title' => '', 'summary' => 'September 13: A report prepared by the World Bank says it is the right time to mobilize private sector solutions in Nepal to close the infrastructure gap on the path to achieving the country’s growth aspirations.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 13: A report prepared by the World Bank says it is the right time to mobilize private sector solutions in Nepal to close the infrastructure gap on the path to achieving the country’s growth aspirations.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The World Bank’s report on Infrastructure Sector Assessment launched Thursday on the sidelines of the Nepal Infrastructure Summit 2019 assesses the energy, transport and urban infrastructure sectors together with cross-cutting issues and recommends interventions that combine short-term and longer-term structural and policy changes with tailored project implementation approaches to unlock private sector financing and cooperation with the public sector.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“For real benefits to accrue to Nepal’s citizens, the quality and sustainability of infrastructure services needs to improve with substantial and efficient investment,” a statement issued by the World Bank quoted Jingdong Hua, World Bank’s vice president and treasurer, as saying. “Unlocking private sector investment is key to sustainable infrastructure development to promote growth and equity and providing access to services, jobs and markets.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The report states that Nepal’s investment needs average 10-15 percent of GDP annually over the next decade as the country aspires to graduate from least developed country status by 2022 and towards middle-income country by 2030.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the World Bank, Nepal has historically relied on a mix of public and private financing in the electricity sector and a two to four-fold increase in investment is needed to meet the country’s projected electricity demand.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Likewise, public and private resources are key to developing the country’s transport infrastructure and address the issues of chronic underinvestment and improvements in connectivity and safety. Nepal is also among the fastest growing urban populations and while local governments under the federal setup are primarily responsible for public service delivery, the urban sector faces a paradoxical case of insufficient capital expenditure to meet demand on one hand and low capital spending on the other, the statement added.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“The country’s transition to federalism presents a unique opportunity to define roles, establish clarity, and build a renewed, strong partnership between the public and private sector,” stated Idah Z Pswarayi-Riddihough, World Bank’s country director for Nepal, Sri Lanka and the Maldives.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“In our aim to maximize finance for development, a strong focus is required in the areas of governance and capacity and regulatory frameworks together with a lens on gender and social inclusion and social and environmental management.”</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">While public investment is integral, particularly in sub-sectors that require large investment, the report recommends creating a conducive environment for private sector participation through sector-level groundwork, sustainable project structures, systematic and strategic public investment management and project selection, and investment-friendly policies and regulations.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Given the huge funding gap and about 30 million population eager to see speedy improvements in their quality of life, public-private partnerships (PPP) can be a useful tool for Nepal to leverage expertise and efficiency of the private sector while raising capital to meet the development needs of the country,” said Wendy Werner, IFC country manager for Nepal, Bhutan and Bangladesh.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The infrastructure sector assessment report follows a consultative approach to use in-depth analysis to develop a roadmap of interventions to debottleneck private sector and commercial investments. The report provides a set of recommendations for each sector in the areas of building the institutional and regulatory environment, strengthening financial viability, increasing availability of long-term finance, sectoral strengthening, developing an enabling environment for foreign investment, governance and public investment management, gender and social inclusion, and environment and social management.</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11145', 'image' => '20190913092024_aaaa.jpg', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '11394', 'article_category_id' => '1', 'title' => 'Government, World Bank take Stock of Implementation Progress of Projects', 'sub_title' => '', 'summary' => 'September 13: The Government of Nepal and the World Bank (WB) jointly concluded the portfolio review covering 24 WB-financed projects with a total commitment of US$ 2.35 billion. ', 'content' => '<p>September 13: The Government of Nepal and the World Bank (WB) jointly concluded the portfolio review covering 24 WB-financed projects with a total commitment of US$ 2.35 billion. </p> <p>A joint statement issued by the government and the WB states that the projects supported by the WB were reviewed in detail at the concerned line ministries from September 9 to 11. </p> <p>The meetings were chaired by the respective secretaries and were attended by senior officials of the line ministries, respective departments and the World Bank. The concluding meeting on September 12 was chaired by Finance Minister Yuba Raj Khatiwada and WB Country Director for Nepal, Sri Lanka and the Maldives, Idah Z Pswarayi-Riddihough.</p> <p>Of the 24 projects, 20 are investment projects (about US$ 1.78 billion), three Program for Results operations (about US$ 468 million) and one Development Policy Credit (about US$ 100 million) spread across various sectors - energy, transport, earthquake housing reconstruction, education, health, social protection, water and irrigation, agriculture and livestock, and public financial management sectors.</p> <p>"The government acknowledges the support of the WB and its assistance to the country's development priorities," stated Finance Minister Khatiwada. “The review is an opportunity to learn and apply good practices across the different sectors while chalking out a roadmap that can be used to enhance project outcomes which in turn will ensure that development finance received by Nepal is utilized most productively.”</p> <p>The annual stocktaking exercise is organized to review the performance of ongoing projects, assess the impact of federal transition, review procurement and disbursement performance and discuss implementation challenges and agree on remedial measures, the statement further said.</p> <p>“The World Bank celebrates 50 years of the first International Development Association credit to Nepal this year on November 4, 2019 when the first project in the telecommunications sector was approved by the World Bank Board. We are indeed proud to be a trusted partner in Nepal’s development agenda,” stated Pswarayi-Riddihough. “We are encouraged by the successful implementation of projects in Nepal and look forward to working with the government to address implementation bottlenecks for effective and timely completion of projects for the benefit of the people of Nepal.”</p> <p>Following the review, the Ministry of Finance and the World Bank agreed on core actions that would help to accelerate project implementation including specific actions that can improve the implementation environment under the new federal structure.</p> ', 'published' => true, 'created' => '2019-09-13', 'modified' => '2019-09-13', 'keywords' => '', 'description' => '', 'sortorder' => '11144', 'image' => '20190913090032_GoN-WB Joint Portfolio Review.jpg', 'article_date' => '2019-09-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '11393', 'article_category_id' => '1', 'title' => 'Market watch 12th September(Thursday)', 'sub_title' => '', 'summary' => 'The CMP of 26th Bhadra is below the pivot of 29th Bhadra and the volume is more than that of the last traded day.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"> Pic. Showing NEPSE Candle Stick Chart</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Current Price (CMP): 1157.88</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">OHLC Update of 26<sup>th</sup> Bhadra:</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">O: 1163.71<br /> H: 1192.33<br /> L: 1156.38<br /> C: 1157.88</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot for 29<sup>th</sup> Bhadra: </span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:632px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S3</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R3</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:34px; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1147.09</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1151.73</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1154.81</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1159.45</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1162.53</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1167.17</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1170.25</span></span></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">OHLC Update of 4<sup>th</sup> Week of Bhadra:</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">O: 1192.07<br /> H: 1192.33</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">L: 1156.38</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">C: 1157.88</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot for the Last Week of Bhadra:</span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:632px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S3</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; vertical-align:top; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R3</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:34px; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1109.45</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1132.91</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1145.40</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1168.86</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1181.35</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1204.81</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1217.30</span></span></span></span></p> </td> </tr> </tbody> </table> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot for the month of Bhadra:</span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:632px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:34px; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S3</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">S1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Pivot</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R1</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R2</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">R3</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:34px; width:79px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1139.02</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1180.41</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1202.22</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1243.61</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1265.42</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1306.81</span></span></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:34px; width:92px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">1328.62</span></span></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Turnover Update:</span></span></strong><br /> <span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">On Month of Shrawan : 888.27 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Volume of 1<sup>st</sup> Week of Bhadra: NRs. 154.59 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Volume of 2<sup>nd</sup> Week of Bhadra: NRs. 162.48 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Volume of 3<sup>rd</sup> Week of Bhadra: NRs. 194.21 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Volume of 4<sup>th</sup> Week of Bhadra: NRs. Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">24<sup>th</sup> Bhadra : NRs. 23.79 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">25<sup>th</sup> Bhadra : NRs. 34.17 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">26<sup>th</sup> Bhadra : NRs. 37.61 Crores</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Commentary:</span></span></strong></span></span></p> <ul> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>1.</strong>Today NEPSE market has remained negative throughout the day. Along with the market other sub indices are also negative. Today, NEPSE Market has lost 0.46% and Sensitive index has lost 0.39%. The Float index has also decreased by 0.40% and the Sensitive Float has decreased by 0.26% today.</span></span></span></span></li> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>2.</strong>The turnover of today is more than that of previous day. </span></span></span></span></li> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>3.</strong>Out of the 11 Sub-indices traded today, all of them are negative. The noticeable changes are negative on Hotels by 1.29%, Hydropower by 0.97% and Banking by 0.26%.</span></span></span></span></li> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>4.</strong>The CMP of 26<sup>th</sup> Bhadra is below the pivot of 22<sup>nd</sup> Bhadra. Similarly, it is below the weekly pivot and the monthly pivot. </span></span></span></span></li> </ul> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Top 5 Scrips by turnovers:</span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:602px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Scrips</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Turnover</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Closing Price</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">LBLPO</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 4.70 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">112</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NICA</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 3.54 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">448</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">KBL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 2.62 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">203</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NBL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 2.02 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">315</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">CBBLPO</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.8px; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 1.49 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">470</span></span></strong></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Top 5 Gainers: </span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:602px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Scrips</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">LTP</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Percentage Change(in%</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">KPCL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">84.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">5.00</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NICGF</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">8.87</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.8px; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">3.14</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NGPL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">100.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">3.09</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">GILB</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">725.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">2.98</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:1px; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">RHPC</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:1px; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">81.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:1px; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">2.53</span></span></strong></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Top 5 Losers: </span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse; width:602px"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Scrips</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">LTP</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; vertical-align:top; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Percentage Change(in%)</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">AHPC</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">96.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-6.79</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">HURJA</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">115.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-6.50</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NICL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">265.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-5.01</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">AKPL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">137.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-4.86</span></span></strong></span></span></p> </td> </tr> <tr> <td style="border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; vertical-align:bottom; width:201px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">GHL</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:202px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">68.00</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; vertical-align:bottom; width:199px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">-4.22</span></span></strong></span></span></p> </td> </tr> </tbody> </table> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Sector Wise Summary: </span></span></strong></span></span></p> <table cellspacing="0" style="border-collapse:collapse"> <tbody> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:1px solid black; height:39px; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Sector</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:39px; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Turnover Values</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:39px; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Turnover volume</span></span></strong></span></span></p> </td> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:1px solid black; height:39px; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Total Transaction</span></span></strong></span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Commercial Banks</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 18.05 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">619,082</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">2,344</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Finance</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 0.34 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">25,892</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">100</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Hotels</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 0.41 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">13,509</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">72</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Manufacturing And Processing</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 0.59 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">9,811</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">88</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Others</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 1.09 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">20,835</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">136</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Hydro Power</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 2.36 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">150,950</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">1,797</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Non Life Insurance</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 1.27 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">27,932</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">298</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Development Banks</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 1.71 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">90,404</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">356</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Preferred Stock</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 0.05 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">57,647</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">26</span></span></p> </td> </tr> <tr> <td style="background-color:#bfbfbf; border-bottom:1px solid black; border-left:1px solid black; border-right:1px solid black; border-top:none; height:.35in; width:221px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Mutual Fund</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; vertical-align:top; width:151px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">NRs. 6.31 Crores</span></span></strong></span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:132px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">452,555</span></span></p> </td> <td style="border-bottom:1px solid black; border-left:none; border-right:1px solid black; border-top:none; height:.35in; width:137px"> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">16</span></span></p> </td> </tr> </tbody> </table> <p><img alt="" src="/app/webroot/userfiles/images/9th%20sep%202019%20joke.jpg" style="height:484px; width:1062px" /></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"> Pic. Showing Sensitive Candle Stick Chart</span></span></strong></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif">Conclusion: </span></span></strong></span></span></p> <ul> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>1.</strong>The CMP of 26<sup>th</sup> Bhadra is below the pivot of 29<sup>th</sup> Bhadra and the volume is more than that of the last traded day. </span></span></span></span></li> <li><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt"><span style="font-family:"Times New Roman",serif"><strong>2.</strong>Observing the candle stick patterns of today, it Black Opening Marubozu. In a clear downtrend, the emergence of such a candle preceded by a price gap may predict the acceleration of declines. The shorter the shadow is, the more negative the candle's significance.</span></span></span></span></li> </ul> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11143', 'image' => '20190912052847_3.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '22' ) ), (int) 11 => array( 'Article' => array( 'id' => '11392', 'article_category_id' => '1', 'title' => 'Nepal has Conducive Environment for Investment: Finance Minister', 'sub_title' => '', 'summary' => 'September 12: Finance Minister Yuba Raj Khatiwada said that Nepal has developed conducive environment for doing business and investment, according to a statement issued by the Confederation of Nepalese Industries (CNI).', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">September 12: Finance Minister Yuba Raj Khatiwada said that Nepal has developed conducive environment for doing business and investment, according to a statement issued by the Confederation of Nepalese Industries (CNI). Citing that all foreign firms in the country have been making up to 25 per cent return against the global average of 10 per cent, Khatiwada reportedly said that Nepal is a better option for investors in terms of rate of return.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Speaking at a session of the Nepal Infrastructure Summit 2019 on Wednesday, Khatiwada said that the government is in the process of conducting sovereign credit rating to facilitate possible businesses in the country. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">However, the statement said Khatiwada acknowledged that the government has not been able to give due priority to the infrastructure sector in the lack of enough resources as the present government also has bigger responsibility of social security of citizens.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">"The Constitution has guaranteed more than 30 fundamental rights to the people and majority of them are related to social security. Along with this, the government also has to ensure availability of resources (administrative) to all the local governments across the country," the statement quoted Khatiwada as saying. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">In such context, Khatiwada said that the government is promoting support and investment from the private sector for desired economic goals and development aspirations of the country. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">According to him, ample investment in the infrastructure, including roadways, railways, airways and the tourism infrastructures will ensure easy entry of the private sector in the development process. Along with this, the government is seeking private sector support also to diversify and divide risks. However, Khatiwada said that some infrastructure projects can also be operated in business model in a bid to attract private sector investment in those projects. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Radesh Panta, former chief executive officer of the Investment Board Nepal (IBN) said that the country today needs quality investment for which the government should ensure necessary subsidy packages and coordination with investors. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">World Bank vice president Jingdong Huo said that the World Bank has been contributing to the private sector-oriented economic development in Nepal. As per him, the World Bank has been operating 25 projects in Nepal at present while $2.6 billion worth new projects have been initiated in Nepal lately. Moreover, Huo said that majority of economic indicators of Nepal today are satisfactory, the statement added. </span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11142', 'image' => '20190912041226_20190823015455_20180724052602_IMG_0298.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '11391', 'article_category_id' => '1', 'title' => '‘Economic Prosperity through Infrastructure Development’', 'sub_title' => '', 'summary' => 'September 12: Speakers at a session in the Nepal Infrastructure Summit 2019, which kicked off in Kathmandu on Wednesday, said that Nepal can achieve its desired economic growth and development goals through the development of infrastructures.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">September 12: Speakers at a session in the Nepal Infrastructure Summit 2019, which kicked off in Kathmandu on Wednesday, said that Nepal can achieve its desired economic growth and development goals through the development of infrastructures. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Addressing the mega event on infrastructure development, which is being organized jointly by the Confederation of Nepalese Industries (CNI) and the Government of Nepal, Director General of the World Bank Woochong Um said that countries including Nepal should focus on development of resilient infrastructure projects considering the rising global temperature and climate change issues.</span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Similarly, Um said that Nepal should prioritize community-based infrastructure development process so as to link Nepal's development aspirations and the Sustainable Development Goals (SDGs) adopted by the United Nations. Um also stressed on the effective coordination and partnership between the government and the private sector in the development projects. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Other participants including vice president of CNI Bishnu Kumar Agrawal, former revenue secretary Lal Shankar Ghimire, among others said that business climate in Nepal has been improving in the recent years and urged investors to make investment in different sectors. </span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Times New Roman","serif"">Former Prime Minister Baburam Bhattarai said that the private sector can partner with the government in different development projects. </span></span></span></p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11141', 'image' => '20190912035306_1568279303.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '11389', 'article_category_id' => '1', 'title' => 'Central Plaza Announces Special Package for Rara Tour', 'sub_title' => '', 'summary' => 'September 12: Central Plaza, a five-star hotel based in Kohalpur, has announced a special package for Rara tour during Dashain, Tihar and Chhath.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">September 12: Central Plaza, a five-star hotel based in Kohalpur, has announced a special package for Rara tour during Dashain, Tihar and Chhath.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The hotel said that it announced the package to facilitate domestic as well as foreign tourists to visit the beautiful lake during the festive holidays and to promote the Visit Nepal Year campaign.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The hotel has already organized New Delhi- Rara car tour to promote Rara. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The package announced for the upcoming season offers special discount. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Under this package, it costs Rs 16,500 to Rs 20,000 per person for visiting Rara by vehicle and hiring a guide. Likewise, travelling to Rara by foot for a six-night, seven-day tour with camp fire and food and accommodation costs between Rs 22,500 to Rs 25,000 while the cost of traveling through air for three-night and four-day stay is Rs 35,000 to Rs 42,000. </span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Rara lake, which is the biggest lake of Nepal, lies in Mugu district of Karnali Province. The 10.8 square kilometer lake is renowned for its changing colour.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">Besides a variety of flora including Rhododendron, the Rara National Park also boasts of endangered fauna species like red panda and other animals and birds including spiny blabber, Himalayan black bear, deer, musk deer, snow leopard, lophophorus among others.</span></span></span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">This place, which is considered a heaven on earth, also welcomes Siberian migratory birds during summer season when the temperature is favourable.</span></span></span></span></p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11140', 'image' => '20190912013703_aafddf.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '11390', 'article_category_id' => '1', 'title' => 'Unpaid labourers demand resignation of Melamchi official', 'sub_title' => '', 'summary' => 'September 12: A group of unpaid construction workers of the Melamchi Water Supply Project have demanded the resignation of the executive director of the project, Surya Raj Kandel.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 12: A group of unpaid construction workers of the Melamchi Water Supply Project have demanded the resignation of the executive director of the project, Surya Raj Kandel.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The victims demanded Kandel’s resignation arguing that they have not been paid even though the deposit of the Italian company, which left the project incomplete, has been frozen.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The local laborers, suppliers and subcontractors have been protesting against the project authorities claiming that the Italian contractor of the project, CMC di Ravenna, did not provide them their dues.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to a sub-contractor, Buddhi Krishna Lamichhane, the victims have handed over a memorandum to the prime minister, Ministry of Water Supply, Melamchi Project and the local unit.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the Melamchi Water Supply Project Victim’s Struggle Committee, the unpaid laborers who worked for CMC owe Rs 87.4 million to the project. However, the government is planning to provide only Rs 30.2 million as relief to the laborers so that they can celebrate Dashain festival. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The members of the struggle committee remain dissatisfied with this provision of the government. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The ongoing protest by the unpaid workers has troubled the newly selected contractor, Sinohydro Corporation Ltd about their safety. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11139', 'image' => '20190912035409_1568269322.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
