September 12: Nepal chapter of Pacific Asia Travel Association (PATA) in collaboration with Visit Nepal Year 2020 and Nepal Tourism Board is organizing Nepal-India-China Expo (NICE) in…
September 12: Nepal chapter of Pacific Asia Travel Association (PATA) in collaboration with Visit Nepal Year 2020 and Nepal Tourism Board is organizing Nepal-India-China Expo (NICE) in…
September 11: Nepal Tourism Board has launched a new website named ‘photonepal.travel’ with the objective to promote tourism in Nepal through the display of…
September 11: Nabil Bank has signed a MOU with Educational Consultancy Association of Nepal (ECAN) for banking services to ECAN members, its employees and…
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September 11: Laxmi Bank has extended its network to a total of 112 branches with the inauguration of a new branch at Chapagaun in Lalitpur on Tuesday, September…
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India and China -- to foster the untapped tourism potentials and integrated business opportunities with Nepal as a facilitator. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">NICE aims to further help to consolidate the relationship between the three countries, focusing mainly in the field of tourism and hospitality, the statement added.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">China and India are two of the largest outbound source markets in the world with Nepal as one of its immediate recipient nations.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">According to 2018 statistics, approximately 150 million Chinese traveled abroad, out of which only 0.1% visited Nepal while only 0.75% of Indian tourists visited Nepal out of 25.85 million total outbound Indian visitors. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">NICE will feature 200 plus regional buyers, 100 exhibitors, 15 plus keynote speakers, and hundreds of guests and delegates including government officials, media invitees, and trade visitors. It aims to mark the national celebration of Visit Nepal Year 2020, informed Shakya.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">“We will be collaborating with different tourism organizations and stakeholders in Nepal, India, and China; and we seek the active cooperation and support from all our partners, sponsors, airlines,</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">hotels, media and the entire travel-trade fraternity of our nation– Nepal for making this the historic initiative successful,” said Shakya.</span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><strong> </strong> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11138', 'image' => '20190912124724_7.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '11387', 'article_category_id' => '1', 'title' => 'Nepal Tourism Board launches ‘photonepal.travel’', 'sub_title' => '', 'summary' => 'September 11: Nepal Tourism Board has launched a new website named ‘photonepal.travel’ with the objective to promote tourism in Nepal through the display of photography.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Nepal Tourism Board has launched a new website named ‘photonepal.travel’ with the objective to promote tourism in Nepal through the display of photography.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Minister of Culture, Tourism and Civil Aviation, Yogesh Bhattarai inaugurated the website on Tuesday.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The minister said that the website could be a helpful platform in promoting Nepal’s diversity around the world.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">He also said that the website is a brilliant platform for photographers to display their photos.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“One can use the search feature available on the website to search for their desired pictures and to share their photos,” informed senior official of NTB, Sudan Subedi.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the board, the website is visited by approximately 5000 people per day and around 50 people sign up for it daily.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The board also revealed that the website displays one thousand photos currently.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11137', 'image' => '20190911033211_1568158664.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '11386', 'article_category_id' => '266', 'title' => 'Nabil Bank and ECAN sign MOU', 'sub_title' => '', 'summary' => 'September 11: Nabil Bank has signed a MOU with Educational Consultancy Association of Nepal (ECAN) for banking services to ECAN members, its employees and students.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Times,serif">September 11: Nabil Bank has signed a MOU with Educational Consultancy Association of Nepal (ECAN) for banking services to ECAN members, its employees and students. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">As per the MOU, Nabil Bank will be the official banker of ECAN, its members and their service seeking students. Nabil Bank said in a statement that it will provide specialized services to the students and ECAN members.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">The bank said it will provide services like education loan, inward and outward remittances, credit cards, online fee payments and all other banking services at subsidized rate. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">Anil Keshary Shah, CEO of Nabil Bank ,said “MOU with ECAN is the commitment of Nabil to provide the best financial services to the students of Nepal who are the future of the country.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">Bishnu Hari Pandey, president of ECAN, said “We are proud to have a reputed bank like Nabil as the official banker for ECAN and receive the firm commitment from the bank to provide specialized and focused services to our students and members.” </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11136', 'image' => '20190911022412_DSC_4527.JPG', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '11385', 'article_category_id' => '266', 'title' => ' Himalayan Bank received TFP Award 2019', 'sub_title' => '', 'summary' => '', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Asian Development Bank (ADB) has awarded the Leading Partner Bank in Nepal under the TFP Award 2019 to Himalayan Bank Limited (HBL) for the highest number of transaction recorded with Trade Finance Programme (TFP). The TFP awards partner banks for their role in supporting trade in Asia and the Pacific region.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to Himalayan Bank, the ADB awarded the TFP award to the bank for the highest number of transactions recorded during the period of July 1, 2018 to June 30, 2019. The award is given in recognition of its role in promoting trade finance in Asia and the Pacific.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">General Manager, Sushiel Joshi, and Chief Manager, Satish Raj Joshi, of the bank received the award amid the award ceremony organized by ADB in Singapore on September 3. The bank further said it’s the third time that the bank has been award recurrently.</span></span></p> <p> </p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">__________________</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Sital Koirala</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Press and Public Relation Officer</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Date: 10<sup>th</sup> September, 2019</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11135', 'image' => '20190911020821_TFP Award 2019.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '11384', 'article_category_id' => '218', 'title' => 'Laxmi Bank’s 112thBranch in Chapagaun, Lalitpur', 'sub_title' => '', 'summary' => 'September 11: Laxmi Bank has extended its network to a total of 112 branches with the inauguration of a new branch at Chapagaun in Lalitpur on Tuesday, September 10.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Laxmi Bank has extended its network to a total of 112 branches with the inauguration of a new branch at Chapagaun in Lalitpur on Tuesday, September 10. According to the bank, this new branch will offer full range of retail banking services including locker service customized to meet the needs of individuals and small businesses.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">With the above new addition, Laxmi Bank’s network now includes 112 branches across 48 districts, two extension counters and four hospital service counters, 136ATMs, 2,500 remittance agents and 58 branchless banking agents spread across the country.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The bank claimed it is rapidly expanding to newer and underserved markets with the aim of fulfilling the growing demand for professional financial services such as innovative saving accounts, term deposits, home and auto loans, small business loans, microfinance, insurance etc. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11134', 'image' => '20190911015537_IMG_20190909_104353.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '11383', 'article_category_id' => '237', 'title' => 'OPPO to Launch New A Series soon', 'sub_title' => '', 'summary' => 'September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in Nepal. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in Nepal. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The company said in a press statement that the OPPO A Series phones come with 48MP ultra wide quad camera, dual stereo speakers, and a 5,000mAh ultra Battery.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The company said that the series is targeted towards Generation Z and is named the A Series 2020 to celebrate the beginning of the new decade and to welcome a new generation of mobile users.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The final launch dates of the products are yet to be announced, but the company stated that they could be presented as a special presentation for the Dashain festival.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11133', 'image' => 'A20 series coming soon.png', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '11382', 'article_category_id' => '1', 'title' => 'Central Bank tells BFIs to Audit Information Technology System', 'sub_title' => '', 'summary' => 'September 11: Nepal Rastra Bank has directed banks and financial institutions to develop “effective strategy” for protecting their information technology system. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Nepal Rastra Bank has directed banks and financial institutions to develop “effective strategy” for protecting their information technology system. The central bank has also instructed BFIs to audit their information technology system.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11132', 'image' => '20190911014232_1568162571.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '11381', 'article_category_id' => '1', 'title' => 'Furniture Expo Kicks Off', 'sub_title' => '', 'summary' => 'September 11: Furniture and Furnishing Expo 2019 kicked off at Bhrikutimandap, Kathmandu on Wednesday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Furniture and Furnishing Expo 2019 kicked off at Bhrikutimandap, Kathmandu on Wednesday. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Nepal Furniture and Furnishing Association said that the five-day event features stalls from both Nepali and foreign furniture producers.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The organizers informed that the main attractions of the expo include furniture for kitchen, bedroom, and bathroom, as well as outdoor furniture, interior designing, and carpets, marbles, and other furnishing materials.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Additionally, curtains, mattresses, décor items, home décor, office furniture, home appliances, machinery, and Vaastu-related products are also being displayed in the exhibition.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The expo will conclude on September 15. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"> </span></span></p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11131', 'image' => '20190911012757_1568074911.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '11380', 'article_category_id' => '1', 'title' => 'New Interconnection Guidelines to Reduce Telecom Charge', 'sub_title' => '', 'summary' => 'September 10: Nepal Telecommunication Authority has prepared a new set of directives related to interconnection between variosu service providers.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Nepal Telecommunication Authority has prepared a new set of directives related to interconnection between variosu service providers. The new guidelines will replace the Interconnection Guideline 2008.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NTA said the new guidelines have been introduced to regulate communication between two or more telecom service providers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A board meeting of the telecom regulatory body of Nepal had approved the guidelines last week. NTA is preparing to issue a public notice regarding the new guidelines in a few days for the convenience of the service seekers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The guidelines have also fixed the new rate of inter-telecom calls. Director of NTA Min Prasad Aryal said that the new guidelines have fixed new tariffs for interconnection and international calls.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The new guidelines are expected to reduce the cost of such calls.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Our policy is to provide service to the customers at a reasonable rate. We will be gradually reducing the rate over a period of time,” said Aryal.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the new guidelines, the cost of making a call from one company’s mobile phone to another company’s mobile has been fixed at 10 paisa. The earlier price was 54 paisa.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11130', 'image' => '20190910031119_Copy.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '11379', 'article_category_id' => '1', 'title' => 'Oli, Modi Jointly Inaugurate the first Trans-Border Petroleum Pipeline in South Asia', 'sub_title' => '', 'summary' => 'September 10: Prime Minister KP Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Motihari-Amlekhgunj Petroleum Pipeline on Tuesday afternoon through video conference.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">September 10: Prime Minister KP Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Motihari-Amlekhgunj Petroleum Pipeline on Tuesday afternoon through video conference.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">Oli and Modi pressed a button at their respective office to inaugurate the much-anticipated pipeline, which is the first trans-border petroleum pipeline in South Asia.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline which was successfully tested on July 18 has officially started receiving supply of petroleum product from India. In the first phase, the Indian Oil Corporation will supply diesel followed by petrol and kerosene.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">Nepal and India had agreed to construct the pipeline more than 15 years ago. Initially, the two governments had planned to construct the pipeline from Raxaul to Amlekhgunj. But after the IOC shifted its depot in Motihari, the pipeline was also constructed from Motihari to Amlekhgunj.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The two prime ministers had jointly inaugurated the construction of the pipeline two years ago by pressing a button from New Delhi during PM Oli’s India visit.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline built with an assistance of Rs 4.4 billion from the Indian government is 69 kilometers long. The pipeline measures 37 kilometers in the Nepali side and 32 towards the Indian side.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline can supply 200 kiloleters of petroleum product per hour, according to NOC. The state-owned oil monopoly can store 16,000 kiloleters of petrol in Amlekhgunj.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline is expected to significantly reduce leakage of petroleum products. It will save Rs 2 billion per year in transportation cost and also reduce traffic jam along the highway.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif""> </span></span></span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11129', 'image' => '20190910024650_20190906024332_1567731372.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '11378', 'article_category_id' => '1', 'title' => 'Nepal, China Sign Three Agreements during Wang’s Visit', 'sub_title' => '', 'summary' => 'September 10: Nepal and China have signed three agreements during Chinese Foreign Minister Wang Yi’s three-day state visit to Nepal. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Nepal and China have signed three agreements during Chinese Foreign Minister Wang Yi’s three-day state visit to Nepal. The signing of the MoUs took place in the presence of Foreign Minister Pradeep Gyawali and his Chinese counterpart on Monday.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">As per the agreement, China will build a hospital worth Rs 350 million in Manang, provide tents to 5000 earthquake victims and send Chinese volunteers to Nepal for teaching Chinese language.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The two foreign ministers held bilateral meeting before signing the agreements. During the meeting, Minister Gyawali and Wang discussed about the Belt and Road Initiative, trans-border electricity transmission line, Kerung-Rasuwagadhi Railway Project among other issues. However, the two countries have not reached any official understanding regarding these projects, said a source at the foreign ministry.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Wang also paid a courtesy call on President Bidya Devi Bhandari and Prime Minister K P Sharma Oli. He also held meetings with Nepali Congress President Sher Bahadur Deuba and NCP chairman Pushpa Kamal Dahal before wrapping his three-day visit on Tuesday.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11128', 'image' => '20190910023226_2 (1).jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '11377', 'article_category_id' => '1', 'title' => 'NOC to slash price of petroleum products', 'sub_title' => 'The decision coincides with the inauguration of Motihari-Amlekhgunj Petroleum Pipeline', 'summary' => 'September 10: Nepal Oil Corporation has decided to reduce the price of petroleum products by Rs 2 effective from today afternoon.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">September 10: Nepal Oil Corporation has decided to reduce the price of petroleum products by Rs 2 effective from today afternoon. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">NOC Managing Director Surendra Poudel made such announcement ahead of the inauguration of the much-awaited trans-boundary petroleum pipeline between Nepal and India in Amlekhgunj on Tuesday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The 70 kilometer pipeline from India’s Motihari to Nepal’s Amlekhgunj is scheduled to be inaugurated jointly by the prime ministers of the two countries at 12.15 pm local time. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">India’s PM Narendra Modi and his Nepali counterpart KP Oli will press the buttons at their respective offices to launch the pipeline through video conference.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The operation of the pipeline is expected to reduce the cost of transporting oil to Nepal as well as leakage. NOC estimates to save Rs 2 billion annually. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">As per the decision of NOC, petrol, diesel and kerosene will now cost Rs 2 less.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11127', 'image' => '20190910010620_1568097588.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '11374', 'article_category_id' => '1', 'title' => 'World Tourism Grows in First Half of 2019: UN', 'sub_title' => '', 'summary' => 'September 10: The number of travelers increased globally in the first six months of 2019 driven by "a strong economy, affordable air travel, increased air connectivity and enhanced visa facilitation,” according to a news report published by AFP.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">September 10: The number of travelers increased globally in the first six months of 2019 driven by "a strong economy, affordable air travel, increased air connectivity and enhanced visa facilitation,” according to a news report published by AFP.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">AFP said that the UN World Tourism Organisation issued a statement on Monday stating that international tourist arrivals rose by 4 percent in Europe and 6 percent in Asia in the first half of 2019, but trade tensions and Brexit uncertainty could hinder growth.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Worldwide destinations received 671 million foreign visitors between January and June, almost 30 million more than in the same period last year, the Madrid-based United Nations body said in the statement.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">It, however, warned that "prolonged uncertainty" about Britain's looming exit from the European Union, weaker economic indicators and global trade tensions "have started to take a toll on business and consumer confidence," reported AFP.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">The Middle East and Asia posted the biggest tourism growth.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">The Middle East saw an 8.0 percent rise in international visitors, due in part to an increase in demand during the Muslim holy month of Ramadan, which this year fell in May, as well as during the Eid al-Fitr religious holiday in June.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Tourist arrivals in Asia and the Pacific rose 6 percent, largely fuelled by outbound travel from China, the world's most populous country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">But the agency warned that Chinese spending on international travel was four percent lower in real terms during the first quarter.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">"Trade tensions with the USA, as well as the slight depreciation of the yuan, may influence destination choice by Chinese travellers in the short term," AFP quoted the statement.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Tourist arrivals overall in Europe, the world's most-visited region, grew four percent, fuelled mainly by intra-regional demand and a busy Easter holiday period.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11126', 'image' => '20190910120745_aaaa.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '11376', 'article_category_id' => '1', 'title' => 'Central Bank asks BFIs to Upgrade Cyber Security', 'sub_title' => '', 'summary' => 'September 10: Two weeks after the hacking of ATMs by Chinese nationals, Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal has directed the CEOs of banks and financial institutions (BFIs) to make cyber security of their respective banks more effective.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Two weeks after the hacking of ATMs by Chinese nationals, Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal has directed the CEOs of banks and financial institutions (BFIs) to make cyber security of their respective banks more effective.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Governor Nepal suggested the BFIs to remain alert from such activities and also told them to ensure cyber security by using sophisticated technology.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">During a meeting of NRB officials and the CEOs of different banks, the central bank urged all the banks to use chip-based cards, bring uniformity in the use of cards and increase surveillance in ATM booths.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB’s spokerperson Laxmi Prapanna Niraula said that the central bank has reached to a conclusion that the commercial banks must now increase their investment in cyber security.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“The BFIs should repeatedly check how effective are the system and software being used by them at present. If they are not up-to-date, the BFIs must upgrade the software,” Niraula quoted Governor Nepal as saying.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Niraula further said that the Government asked the BFIs to be alert as the security of banks might get compromised in the current situation. Therefore, he has urged the banks to invest more in ensuring cyber security, added Niraula.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11125', 'image' => '20190910125545_adsfadff.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '11375', 'article_category_id' => '1', 'title' => 'Electricity-based Public Transport Back into Operation', 'sub_title' => '', 'summary' => 'September 10: Public transportation service backed by electricity has resurfaced in Kathmandu 18 years after the Trolley bus became dysfunctional.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Public transportation service backed by electricity has resurfaced in Kathmandu 18 years after the Trolley bus became dysfunctional. Sundar Yatayat, a private company, started operating four electric buses on the streets of Kathmandu from Monday, September 9.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Coincidently, these new buses are built in China, which had also manufactured the Trolley buses.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Inaugurating the bus service in the capital, Deputy Prime Minister and Defence Minister Ishwar Pokharel recognized this as the first-of-its-kind service in Nepal.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Although the electric bus is in initial phase, it has a long way to go,” he said, adding, “There might be lots of challenges ahead and the government is always ready to support,” he said.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Out of the seven buses purchased from China’s BAK company at a cost of Rs 115.5 million, four have been operating their services along the Narayanthan-Medicity route, Gongabu-Sallaghari route, Dhungedhara-Jorpaty route as well as around the ring road.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">So far, the government has not issued the ticket price of electric vehicles. However, Sundar Yatayat has claimed that it will operate its services by charging the customers 20 percent less than other public vehicles. The company will also introduce smart cards for cashless payment. The card can be purchased for Rs 215.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The company has said it will operate other three vehicles once it gets route permit.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The electric bus with a capacity to accommodate 30 to 40 people at a time runs 265 kilometers after charging the battery for 6 hours. The company has also installed charging stations at Sukedhara, Chabahil and Sitapaila.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11124', 'image' => '20190910123556__MG_9540.JPG', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = false $article = array( 'Article' => array( 'id' => '11383', 'article_category_id' => '237', 'title' => 'OPPO to Launch New A Series soon', 'sub_title' => '', 'summary' => 'September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in Nepal. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in Nepal. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The company said in a press statement that the OPPO A Series phones come with 48MP ultra wide quad camera, dual stereo speakers, and a 5,000mAh ultra Battery.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The company said that the series is targeted towards Generation Z and is named the A Series 2020 to celebrate the beginning of the new decade and to welcome a new generation of mobile users.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The final launch dates of the products are yet to be announced, but the company stated that they could be presented as a special presentation for the Dashain festival.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11133', 'image' => 'A20 series coming soon.png', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ) $width = (int) 450 $height = (int) 337 $ratio = (float) 1.3353115727003 $img_width = (int) 280 $img_height = (float) 209.69 $date = '2019-09-11 00:00:00' $dateFromDatabase = (int) 1568139300 $dateTwentyforHoursAgo = (int) 1750501434 $today = '2025-06-22 04:08:54pm' $today2 = (int) 1750587834 $newDate = 'Sep 11, 2019' $commentCount = (int) 0 $word_count = (int) 187 $time_to_read = (float) 0.94 $time_to_read_min = (float) 0 $time_to_read_second = (float) 56getimagesize - [internal], line ?? include - APP/View/Articles/index.ctp, line 35 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): Division by zero [APP/View/Articles/index.ctp, line 36]Code Context<?phplist($width, $height) = getimagesize(WWW_ROOT.'img'.DS.'news'.DS.'thumbnails'.DS.$article['Article']['image']);$ratio = $width / $height;$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/index.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' => '11388', 'article_category_id' => '1', 'title' => 'PATA Nepal to Organize NICE Expo in February', 'sub_title' => '', 'summary' => 'September 12: Nepal chapter of Pacific Asia Travel Association (PATA) in collaboration with Visit Nepal Year 2020 and Nepal Tourism Board is organizing Nepal-India-China Expo (NICE) in Nepal.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 12: Nepal chapter of Pacific Asia Travel Association (PATA) in collaboration with Visit Nepal Year 2020 and Nepal Tourism Board is organizing Nepal-India-China Expo (NICE) in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">PATA Nepal informed that the tri-nation tourism expo, which is a first of its kind event, is scheduled to be held in Kathmandu from February 21 to 24, 2020. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The tri-nation tourism expo is a noble concept envisioned by PATA Nepal chapter for bringing together tourism and hospitality stakeholders of Nepal, India, and China, in a single platform. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Sunil Shakya, chairman of PATA Nepal chapter, during a press conference held in the capital on Wednesday, September 11, informed that the tri-nation expo will have unparalleled networking and business opportunities, industry insights, and inspiration between the tourism entrepreneurs of the three neighboring countries.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Nepal is rightly and geopolitically placed between the two giant economies and can contribute hugely in bridging the gap between the two countries, which have arranged bilateral trade but, have never organized a tri-nation event, Shakya added. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">PATA Nepal chapter in a statement informed that the expo aims to bring together the two emerging giant economies and tourism powerhouses - India and China -- to foster the untapped tourism potentials and integrated business opportunities with Nepal as a facilitator. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">NICE aims to further help to consolidate the relationship between the three countries, focusing mainly in the field of tourism and hospitality, the statement added.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">China and India are two of the largest outbound source markets in the world with Nepal as one of its immediate recipient nations.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">According to 2018 statistics, approximately 150 million Chinese traveled abroad, out of which only 0.1% visited Nepal while only 0.75% of Indian tourists visited Nepal out of 25.85 million total outbound Indian visitors. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">NICE will feature 200 plus regional buyers, 100 exhibitors, 15 plus keynote speakers, and hundreds of guests and delegates including government officials, media invitees, and trade visitors. It aims to mark the national celebration of Visit Nepal Year 2020, informed Shakya.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">“We will be collaborating with different tourism organizations and stakeholders in Nepal, India, and China; and we seek the active cooperation and support from all our partners, sponsors, airlines,</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">hotels, media and the entire travel-trade fraternity of our nation– Nepal for making this the historic initiative successful,” said Shakya.</span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><strong> </strong> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11138', 'image' => '20190912124724_7.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '11387', 'article_category_id' => '1', 'title' => 'Nepal Tourism Board launches ‘photonepal.travel’', 'sub_title' => '', 'summary' => 'September 11: Nepal Tourism Board has launched a new website named ‘photonepal.travel’ with the objective to promote tourism in Nepal through the display of photography.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Nepal Tourism Board has launched a new website named ‘photonepal.travel’ with the objective to promote tourism in Nepal through the display of photography.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Minister of Culture, Tourism and Civil Aviation, Yogesh Bhattarai inaugurated the website on Tuesday.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The minister said that the website could be a helpful platform in promoting Nepal’s diversity around the world.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">He also said that the website is a brilliant platform for photographers to display their photos.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“One can use the search feature available on the website to search for their desired pictures and to share their photos,” informed senior official of NTB, Sudan Subedi.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the board, the website is visited by approximately 5000 people per day and around 50 people sign up for it daily.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The board also revealed that the website displays one thousand photos currently.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11137', 'image' => '20190911033211_1568158664.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '11386', 'article_category_id' => '266', 'title' => 'Nabil Bank and ECAN sign MOU', 'sub_title' => '', 'summary' => 'September 11: Nabil Bank has signed a MOU with Educational Consultancy Association of Nepal (ECAN) for banking services to ECAN members, its employees and students.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Times,serif">September 11: Nabil Bank has signed a MOU with Educational Consultancy Association of Nepal (ECAN) for banking services to ECAN members, its employees and students. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">As per the MOU, Nabil Bank will be the official banker of ECAN, its members and their service seeking students. Nabil Bank said in a statement that it will provide specialized services to the students and ECAN members.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">The bank said it will provide services like education loan, inward and outward remittances, credit cards, online fee payments and all other banking services at subsidized rate. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">Anil Keshary Shah, CEO of Nabil Bank ,said “MOU with ECAN is the commitment of Nabil to provide the best financial services to the students of Nepal who are the future of the country.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">Bishnu Hari Pandey, president of ECAN, said “We are proud to have a reputed bank like Nabil as the official banker for ECAN and receive the firm commitment from the bank to provide specialized and focused services to our students and members.” </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11136', 'image' => '20190911022412_DSC_4527.JPG', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '11385', 'article_category_id' => '266', 'title' => ' Himalayan Bank received TFP Award 2019', 'sub_title' => '', 'summary' => '', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Asian Development Bank (ADB) has awarded the Leading Partner Bank in Nepal under the TFP Award 2019 to Himalayan Bank Limited (HBL) for the highest number of transaction recorded with Trade Finance Programme (TFP). The TFP awards partner banks for their role in supporting trade in Asia and the Pacific region.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to Himalayan Bank, the ADB awarded the TFP award to the bank for the highest number of transactions recorded during the period of July 1, 2018 to June 30, 2019. The award is given in recognition of its role in promoting trade finance in Asia and the Pacific.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">General Manager, Sushiel Joshi, and Chief Manager, Satish Raj Joshi, of the bank received the award amid the award ceremony organized by ADB in Singapore on September 3. The bank further said it’s the third time that the bank has been award recurrently.</span></span></p> <p> </p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">__________________</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Sital Koirala</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Press and Public Relation Officer</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Date: 10<sup>th</sup> September, 2019</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11135', 'image' => '20190911020821_TFP Award 2019.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '11384', 'article_category_id' => '218', 'title' => 'Laxmi Bank’s 112thBranch in Chapagaun, Lalitpur', 'sub_title' => '', 'summary' => 'September 11: Laxmi Bank has extended its network to a total of 112 branches with the inauguration of a new branch at Chapagaun in Lalitpur on Tuesday, September 10.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Laxmi Bank has extended its network to a total of 112 branches with the inauguration of a new branch at Chapagaun in Lalitpur on Tuesday, September 10. According to the bank, this new branch will offer full range of retail banking services including locker service customized to meet the needs of individuals and small businesses.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">With the above new addition, Laxmi Bank’s network now includes 112 branches across 48 districts, two extension counters and four hospital service counters, 136ATMs, 2,500 remittance agents and 58 branchless banking agents spread across the country.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The bank claimed it is rapidly expanding to newer and underserved markets with the aim of fulfilling the growing demand for professional financial services such as innovative saving accounts, term deposits, home and auto loans, small business loans, microfinance, insurance etc. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11134', 'image' => '20190911015537_IMG_20190909_104353.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '11383', 'article_category_id' => '237', 'title' => 'OPPO to Launch New A Series soon', 'sub_title' => '', 'summary' => 'September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in Nepal. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in Nepal. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The company said in a press statement that the OPPO A Series phones come with 48MP ultra wide quad camera, dual stereo speakers, and a 5,000mAh ultra Battery.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The company said that the series is targeted towards Generation Z and is named the A Series 2020 to celebrate the beginning of the new decade and to welcome a new generation of mobile users.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The final launch dates of the products are yet to be announced, but the company stated that they could be presented as a special presentation for the Dashain festival.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11133', 'image' => 'A20 series coming soon.png', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '11382', 'article_category_id' => '1', 'title' => 'Central Bank tells BFIs to Audit Information Technology System', 'sub_title' => '', 'summary' => 'September 11: Nepal Rastra Bank has directed banks and financial institutions to develop “effective strategy” for protecting their information technology system. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Nepal Rastra Bank has directed banks and financial institutions to develop “effective strategy” for protecting their information technology system. The central bank has also instructed BFIs to audit their information technology system.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11132', 'image' => '20190911014232_1568162571.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '11381', 'article_category_id' => '1', 'title' => 'Furniture Expo Kicks Off', 'sub_title' => '', 'summary' => 'September 11: Furniture and Furnishing Expo 2019 kicked off at Bhrikutimandap, Kathmandu on Wednesday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Furniture and Furnishing Expo 2019 kicked off at Bhrikutimandap, Kathmandu on Wednesday. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Nepal Furniture and Furnishing Association said that the five-day event features stalls from both Nepali and foreign furniture producers.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The organizers informed that the main attractions of the expo include furniture for kitchen, bedroom, and bathroom, as well as outdoor furniture, interior designing, and carpets, marbles, and other furnishing materials.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Additionally, curtains, mattresses, décor items, home décor, office furniture, home appliances, machinery, and Vaastu-related products are also being displayed in the exhibition.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The expo will conclude on September 15. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"> </span></span></p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11131', 'image' => '20190911012757_1568074911.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '11380', 'article_category_id' => '1', 'title' => 'New Interconnection Guidelines to Reduce Telecom Charge', 'sub_title' => '', 'summary' => 'September 10: Nepal Telecommunication Authority has prepared a new set of directives related to interconnection between variosu service providers.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Nepal Telecommunication Authority has prepared a new set of directives related to interconnection between variosu service providers. The new guidelines will replace the Interconnection Guideline 2008.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NTA said the new guidelines have been introduced to regulate communication between two or more telecom service providers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A board meeting of the telecom regulatory body of Nepal had approved the guidelines last week. NTA is preparing to issue a public notice regarding the new guidelines in a few days for the convenience of the service seekers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The guidelines have also fixed the new rate of inter-telecom calls. Director of NTA Min Prasad Aryal said that the new guidelines have fixed new tariffs for interconnection and international calls.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The new guidelines are expected to reduce the cost of such calls.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Our policy is to provide service to the customers at a reasonable rate. We will be gradually reducing the rate over a period of time,” said Aryal.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the new guidelines, the cost of making a call from one company’s mobile phone to another company’s mobile has been fixed at 10 paisa. The earlier price was 54 paisa.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11130', 'image' => '20190910031119_Copy.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '11379', 'article_category_id' => '1', 'title' => 'Oli, Modi Jointly Inaugurate the first Trans-Border Petroleum Pipeline in South Asia', 'sub_title' => '', 'summary' => 'September 10: Prime Minister KP Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Motihari-Amlekhgunj Petroleum Pipeline on Tuesday afternoon through video conference.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">September 10: Prime Minister KP Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Motihari-Amlekhgunj Petroleum Pipeline on Tuesday afternoon through video conference.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">Oli and Modi pressed a button at their respective office to inaugurate the much-anticipated pipeline, which is the first trans-border petroleum pipeline in South Asia.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline which was successfully tested on July 18 has officially started receiving supply of petroleum product from India. In the first phase, the Indian Oil Corporation will supply diesel followed by petrol and kerosene.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">Nepal and India had agreed to construct the pipeline more than 15 years ago. Initially, the two governments had planned to construct the pipeline from Raxaul to Amlekhgunj. But after the IOC shifted its depot in Motihari, the pipeline was also constructed from Motihari to Amlekhgunj.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The two prime ministers had jointly inaugurated the construction of the pipeline two years ago by pressing a button from New Delhi during PM Oli’s India visit.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline built with an assistance of Rs 4.4 billion from the Indian government is 69 kilometers long. The pipeline measures 37 kilometers in the Nepali side and 32 towards the Indian side.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline can supply 200 kiloleters of petroleum product per hour, according to NOC. The state-owned oil monopoly can store 16,000 kiloleters of petrol in Amlekhgunj.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline is expected to significantly reduce leakage of petroleum products. It will save Rs 2 billion per year in transportation cost and also reduce traffic jam along the highway.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif""> </span></span></span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11129', 'image' => '20190910024650_20190906024332_1567731372.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '11378', 'article_category_id' => '1', 'title' => 'Nepal, China Sign Three Agreements during Wang’s Visit', 'sub_title' => '', 'summary' => 'September 10: Nepal and China have signed three agreements during Chinese Foreign Minister Wang Yi’s three-day state visit to Nepal. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Nepal and China have signed three agreements during Chinese Foreign Minister Wang Yi’s three-day state visit to Nepal. The signing of the MoUs took place in the presence of Foreign Minister Pradeep Gyawali and his Chinese counterpart on Monday.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">As per the agreement, China will build a hospital worth Rs 350 million in Manang, provide tents to 5000 earthquake victims and send Chinese volunteers to Nepal for teaching Chinese language.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The two foreign ministers held bilateral meeting before signing the agreements. During the meeting, Minister Gyawali and Wang discussed about the Belt and Road Initiative, trans-border electricity transmission line, Kerung-Rasuwagadhi Railway Project among other issues. However, the two countries have not reached any official understanding regarding these projects, said a source at the foreign ministry.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Wang also paid a courtesy call on President Bidya Devi Bhandari and Prime Minister K P Sharma Oli. He also held meetings with Nepali Congress President Sher Bahadur Deuba and NCP chairman Pushpa Kamal Dahal before wrapping his three-day visit on Tuesday.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11128', 'image' => '20190910023226_2 (1).jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '11377', 'article_category_id' => '1', 'title' => 'NOC to slash price of petroleum products', 'sub_title' => 'The decision coincides with the inauguration of Motihari-Amlekhgunj Petroleum Pipeline', 'summary' => 'September 10: Nepal Oil Corporation has decided to reduce the price of petroleum products by Rs 2 effective from today afternoon.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">September 10: Nepal Oil Corporation has decided to reduce the price of petroleum products by Rs 2 effective from today afternoon. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">NOC Managing Director Surendra Poudel made such announcement ahead of the inauguration of the much-awaited trans-boundary petroleum pipeline between Nepal and India in Amlekhgunj on Tuesday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The 70 kilometer pipeline from India’s Motihari to Nepal’s Amlekhgunj is scheduled to be inaugurated jointly by the prime ministers of the two countries at 12.15 pm local time. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">India’s PM Narendra Modi and his Nepali counterpart KP Oli will press the buttons at their respective offices to launch the pipeline through video conference.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The operation of the pipeline is expected to reduce the cost of transporting oil to Nepal as well as leakage. NOC estimates to save Rs 2 billion annually. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">As per the decision of NOC, petrol, diesel and kerosene will now cost Rs 2 less.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11127', 'image' => '20190910010620_1568097588.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '11374', 'article_category_id' => '1', 'title' => 'World Tourism Grows in First Half of 2019: UN', 'sub_title' => '', 'summary' => 'September 10: The number of travelers increased globally in the first six months of 2019 driven by "a strong economy, affordable air travel, increased air connectivity and enhanced visa facilitation,” according to a news report published by AFP.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">September 10: The number of travelers increased globally in the first six months of 2019 driven by "a strong economy, affordable air travel, increased air connectivity and enhanced visa facilitation,” according to a news report published by AFP.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">AFP said that the UN World Tourism Organisation issued a statement on Monday stating that international tourist arrivals rose by 4 percent in Europe and 6 percent in Asia in the first half of 2019, but trade tensions and Brexit uncertainty could hinder growth.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Worldwide destinations received 671 million foreign visitors between January and June, almost 30 million more than in the same period last year, the Madrid-based United Nations body said in the statement.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">It, however, warned that "prolonged uncertainty" about Britain's looming exit from the European Union, weaker economic indicators and global trade tensions "have started to take a toll on business and consumer confidence," reported AFP.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">The Middle East and Asia posted the biggest tourism growth.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">The Middle East saw an 8.0 percent rise in international visitors, due in part to an increase in demand during the Muslim holy month of Ramadan, which this year fell in May, as well as during the Eid al-Fitr religious holiday in June.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Tourist arrivals in Asia and the Pacific rose 6 percent, largely fuelled by outbound travel from China, the world's most populous country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">But the agency warned that Chinese spending on international travel was four percent lower in real terms during the first quarter.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">"Trade tensions with the USA, as well as the slight depreciation of the yuan, may influence destination choice by Chinese travellers in the short term," AFP quoted the statement.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Tourist arrivals overall in Europe, the world's most-visited region, grew four percent, fuelled mainly by intra-regional demand and a busy Easter holiday period.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11126', 'image' => '20190910120745_aaaa.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '11376', 'article_category_id' => '1', 'title' => 'Central Bank asks BFIs to Upgrade Cyber Security', 'sub_title' => '', 'summary' => 'September 10: Two weeks after the hacking of ATMs by Chinese nationals, Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal has directed the CEOs of banks and financial institutions (BFIs) to make cyber security of their respective banks more effective.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Two weeks after the hacking of ATMs by Chinese nationals, Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal has directed the CEOs of banks and financial institutions (BFIs) to make cyber security of their respective banks more effective.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Governor Nepal suggested the BFIs to remain alert from such activities and also told them to ensure cyber security by using sophisticated technology.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">During a meeting of NRB officials and the CEOs of different banks, the central bank urged all the banks to use chip-based cards, bring uniformity in the use of cards and increase surveillance in ATM booths.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB’s spokerperson Laxmi Prapanna Niraula said that the central bank has reached to a conclusion that the commercial banks must now increase their investment in cyber security.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“The BFIs should repeatedly check how effective are the system and software being used by them at present. If they are not up-to-date, the BFIs must upgrade the software,” Niraula quoted Governor Nepal as saying.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Niraula further said that the Government asked the BFIs to be alert as the security of banks might get compromised in the current situation. Therefore, he has urged the banks to invest more in ensuring cyber security, added Niraula.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11125', 'image' => '20190910125545_adsfadff.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '11375', 'article_category_id' => '1', 'title' => 'Electricity-based Public Transport Back into Operation', 'sub_title' => '', 'summary' => 'September 10: Public transportation service backed by electricity has resurfaced in Kathmandu 18 years after the Trolley bus became dysfunctional.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Public transportation service backed by electricity has resurfaced in Kathmandu 18 years after the Trolley bus became dysfunctional. Sundar Yatayat, a private company, started operating four electric buses on the streets of Kathmandu from Monday, September 9.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Coincidently, these new buses are built in China, which had also manufactured the Trolley buses.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Inaugurating the bus service in the capital, Deputy Prime Minister and Defence Minister Ishwar Pokharel recognized this as the first-of-its-kind service in Nepal.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Although the electric bus is in initial phase, it has a long way to go,” he said, adding, “There might be lots of challenges ahead and the government is always ready to support,” he said.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Out of the seven buses purchased from China’s BAK company at a cost of Rs 115.5 million, four have been operating their services along the Narayanthan-Medicity route, Gongabu-Sallaghari route, Dhungedhara-Jorpaty route as well as around the ring road.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">So far, the government has not issued the ticket price of electric vehicles. However, Sundar Yatayat has claimed that it will operate its services by charging the customers 20 percent less than other public vehicles. The company will also introduce smart cards for cashless payment. The card can be purchased for Rs 215.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The company has said it will operate other three vehicles once it gets route permit.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The electric bus with a capacity to accommodate 30 to 40 people at a time runs 265 kilometers after charging the battery for 6 hours. The company has also installed charging stations at Sukedhara, Chabahil and Sitapaila.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11124', 'image' => '20190910123556__MG_9540.JPG', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = false $article = array( 'Article' => array( 'id' => '11383', 'article_category_id' => '237', 'title' => 'OPPO to Launch New A Series soon', 'sub_title' => '', 'summary' => 'September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in Nepal. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in Nepal. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The company said in a press statement that the OPPO A Series phones come with 48MP ultra wide quad camera, dual stereo speakers, and a 5,000mAh ultra Battery.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The company said that the series is targeted towards Generation Z and is named the A Series 2020 to celebrate the beginning of the new decade and to welcome a new generation of mobile users.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The final launch dates of the products are yet to be announced, but the company stated that they could be presented as a special presentation for the Dashain festival.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11133', 'image' => 'A20 series coming soon.png', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ) $width = null $height = null $ratio = (float) 1.3353115727003 $img_width = (int) 280 $img_height = (float) 209.69 $date = '2019-09-11 00:00:00' $dateFromDatabase = (int) 1568139300 $dateTwentyforHoursAgo = (int) 1750501434 $today = '2025-06-22 04:08:54pm' $today2 = (int) 1750587834 $newDate = 'Sep 11, 2019' $commentCount = (int) 0 $word_count = (int) 187 $time_to_read = (float) 0.94 $time_to_read_min = (float) 0 $time_to_read_second = (float) 56include - APP/View/Articles/index.ctp, line 36 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
September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in…
September 11: Nepal Rastra Bank has directed banks and financial institutions to develop “effective strategy” for protecting their information technology system.…
September 11: Furniture and Furnishing Expo 2019 kicked off at Bhrikutimandap, Kathmandu on…
September 10: Nepal Telecommunication Authority has prepared a new set of directives related to interconnection between variosu service…
September 10: Prime Minister KP Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Motihari-Amlekhgunj Petroleum Pipeline on Tuesday afternoon through video…
September 10: Nepal and China have signed three agreements during Chinese Foreign Minister Wang Yi’s three-day state visit to Nepal.…
September 10: Nepal Oil Corporation has decided to reduce the price of petroleum products by Rs 2 effective from today…
September 10: The number of travelers increased globally in the first six months of 2019 driven by "a strong economy, affordable air travel, increased air connectivity and enhanced visa facilitation,” according to a news report published by…
September 10: Two weeks after the hacking of ATMs by Chinese nationals, Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal has directed the CEOs of banks and financial institutions (BFIs) to make cyber security of their respective banks more…
September 10: Public transportation service backed by electricity has resurfaced in Kathmandu 18 years after the Trolley bus became…
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]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' => '11388', 'article_category_id' => '1', 'title' => 'PATA Nepal to Organize NICE Expo in February', 'sub_title' => '', 'summary' => 'September 12: Nepal chapter of Pacific Asia Travel Association (PATA) in collaboration with Visit Nepal Year 2020 and Nepal Tourism Board is organizing Nepal-India-China Expo (NICE) in Nepal.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 12: Nepal chapter of Pacific Asia Travel Association (PATA) in collaboration with Visit Nepal Year 2020 and Nepal Tourism Board is organizing Nepal-India-China Expo (NICE) in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">PATA Nepal informed that the tri-nation tourism expo, which is a first of its kind event, is scheduled to be held in Kathmandu from February 21 to 24, 2020. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The tri-nation tourism expo is a noble concept envisioned by PATA Nepal chapter for bringing together tourism and hospitality stakeholders of Nepal, India, and China, in a single platform. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Sunil Shakya, chairman of PATA Nepal chapter, during a press conference held in the capital on Wednesday, September 11, informed that the tri-nation expo will have unparalleled networking and business opportunities, industry insights, and inspiration between the tourism entrepreneurs of the three neighboring countries.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Nepal is rightly and geopolitically placed between the two giant economies and can contribute hugely in bridging the gap between the two countries, which have arranged bilateral trade but, have never organized a tri-nation event, Shakya added. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">PATA Nepal chapter in a statement informed that the expo aims to bring together the two emerging giant economies and tourism powerhouses - India and China -- to foster the untapped tourism potentials and integrated business opportunities with Nepal as a facilitator. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">NICE aims to further help to consolidate the relationship between the three countries, focusing mainly in the field of tourism and hospitality, the statement added.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">China and India are two of the largest outbound source markets in the world with Nepal as one of its immediate recipient nations.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">According to 2018 statistics, approximately 150 million Chinese traveled abroad, out of which only 0.1% visited Nepal while only 0.75% of Indian tourists visited Nepal out of 25.85 million total outbound Indian visitors. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">NICE will feature 200 plus regional buyers, 100 exhibitors, 15 plus keynote speakers, and hundreds of guests and delegates including government officials, media invitees, and trade visitors. It aims to mark the national celebration of Visit Nepal Year 2020, informed Shakya.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">“We will be collaborating with different tourism organizations and stakeholders in Nepal, India, and China; and we seek the active cooperation and support from all our partners, sponsors, airlines,</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">hotels, media and the entire travel-trade fraternity of our nation– Nepal for making this the historic initiative successful,” said Shakya.</span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><strong> </strong> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11138', 'image' => '20190912124724_7.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '11387', 'article_category_id' => '1', 'title' => 'Nepal Tourism Board launches ‘photonepal.travel’', 'sub_title' => '', 'summary' => 'September 11: Nepal Tourism Board has launched a new website named ‘photonepal.travel’ with the objective to promote tourism in Nepal through the display of photography.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Nepal Tourism Board has launched a new website named ‘photonepal.travel’ with the objective to promote tourism in Nepal through the display of photography.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Minister of Culture, Tourism and Civil Aviation, Yogesh Bhattarai inaugurated the website on Tuesday.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The minister said that the website could be a helpful platform in promoting Nepal’s diversity around the world.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">He also said that the website is a brilliant platform for photographers to display their photos.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“One can use the search feature available on the website to search for their desired pictures and to share their photos,” informed senior official of NTB, Sudan Subedi.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the board, the website is visited by approximately 5000 people per day and around 50 people sign up for it daily.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The board also revealed that the website displays one thousand photos currently.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11137', 'image' => '20190911033211_1568158664.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '11386', 'article_category_id' => '266', 'title' => 'Nabil Bank and ECAN sign MOU', 'sub_title' => '', 'summary' => 'September 11: Nabil Bank has signed a MOU with Educational Consultancy Association of Nepal (ECAN) for banking services to ECAN members, its employees and students.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Times,serif">September 11: Nabil Bank has signed a MOU with Educational Consultancy Association of Nepal (ECAN) for banking services to ECAN members, its employees and students. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">As per the MOU, Nabil Bank will be the official banker of ECAN, its members and their service seeking students. Nabil Bank said in a statement that it will provide specialized services to the students and ECAN members.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">The bank said it will provide services like education loan, inward and outward remittances, credit cards, online fee payments and all other banking services at subsidized rate. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">Anil Keshary Shah, CEO of Nabil Bank ,said “MOU with ECAN is the commitment of Nabil to provide the best financial services to the students of Nepal who are the future of the country.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">Bishnu Hari Pandey, president of ECAN, said “We are proud to have a reputed bank like Nabil as the official banker for ECAN and receive the firm commitment from the bank to provide specialized and focused services to our students and members.” </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11136', 'image' => '20190911022412_DSC_4527.JPG', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '11385', 'article_category_id' => '266', 'title' => ' Himalayan Bank received TFP Award 2019', 'sub_title' => '', 'summary' => '', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Asian Development Bank (ADB) has awarded the Leading Partner Bank in Nepal under the TFP Award 2019 to Himalayan Bank Limited (HBL) for the highest number of transaction recorded with Trade Finance Programme (TFP). The TFP awards partner banks for their role in supporting trade in Asia and the Pacific region.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to Himalayan Bank, the ADB awarded the TFP award to the bank for the highest number of transactions recorded during the period of July 1, 2018 to June 30, 2019. The award is given in recognition of its role in promoting trade finance in Asia and the Pacific.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">General Manager, Sushiel Joshi, and Chief Manager, Satish Raj Joshi, of the bank received the award amid the award ceremony organized by ADB in Singapore on September 3. The bank further said it’s the third time that the bank has been award recurrently.</span></span></p> <p> </p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">__________________</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Sital Koirala</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Press and Public Relation Officer</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Date: 10<sup>th</sup> September, 2019</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11135', 'image' => '20190911020821_TFP Award 2019.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '11384', 'article_category_id' => '218', 'title' => 'Laxmi Bank’s 112thBranch in Chapagaun, Lalitpur', 'sub_title' => '', 'summary' => 'September 11: Laxmi Bank has extended its network to a total of 112 branches with the inauguration of a new branch at Chapagaun in Lalitpur on Tuesday, September 10.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Laxmi Bank has extended its network to a total of 112 branches with the inauguration of a new branch at Chapagaun in Lalitpur on Tuesday, September 10. According to the bank, this new branch will offer full range of retail banking services including locker service customized to meet the needs of individuals and small businesses.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">With the above new addition, Laxmi Bank’s network now includes 112 branches across 48 districts, two extension counters and four hospital service counters, 136ATMs, 2,500 remittance agents and 58 branchless banking agents spread across the country.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The bank claimed it is rapidly expanding to newer and underserved markets with the aim of fulfilling the growing demand for professional financial services such as innovative saving accounts, term deposits, home and auto loans, small business loans, microfinance, insurance etc. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11134', 'image' => '20190911015537_IMG_20190909_104353.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '11383', 'article_category_id' => '237', 'title' => 'OPPO to Launch New A Series soon', 'sub_title' => '', 'summary' => 'September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in Nepal. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in Nepal. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The company said in a press statement that the OPPO A Series phones come with 48MP ultra wide quad camera, dual stereo speakers, and a 5,000mAh ultra Battery.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The company said that the series is targeted towards Generation Z and is named the A Series 2020 to celebrate the beginning of the new decade and to welcome a new generation of mobile users.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The final launch dates of the products are yet to be announced, but the company stated that they could be presented as a special presentation for the Dashain festival.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11133', 'image' => 'A20 series coming soon.png', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '11382', 'article_category_id' => '1', 'title' => 'Central Bank tells BFIs to Audit Information Technology System', 'sub_title' => '', 'summary' => 'September 11: Nepal Rastra Bank has directed banks and financial institutions to develop “effective strategy” for protecting their information technology system. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Nepal Rastra Bank has directed banks and financial institutions to develop “effective strategy” for protecting their information technology system. The central bank has also instructed BFIs to audit their information technology system.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11132', 'image' => '20190911014232_1568162571.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '11381', 'article_category_id' => '1', 'title' => 'Furniture Expo Kicks Off', 'sub_title' => '', 'summary' => 'September 11: Furniture and Furnishing Expo 2019 kicked off at Bhrikutimandap, Kathmandu on Wednesday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Furniture and Furnishing Expo 2019 kicked off at Bhrikutimandap, Kathmandu on Wednesday. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Nepal Furniture and Furnishing Association said that the five-day event features stalls from both Nepali and foreign furniture producers.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The organizers informed that the main attractions of the expo include furniture for kitchen, bedroom, and bathroom, as well as outdoor furniture, interior designing, and carpets, marbles, and other furnishing materials.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Additionally, curtains, mattresses, décor items, home décor, office furniture, home appliances, machinery, and Vaastu-related products are also being displayed in the exhibition.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The expo will conclude on September 15. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"> </span></span></p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11131', 'image' => '20190911012757_1568074911.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '11380', 'article_category_id' => '1', 'title' => 'New Interconnection Guidelines to Reduce Telecom Charge', 'sub_title' => '', 'summary' => 'September 10: Nepal Telecommunication Authority has prepared a new set of directives related to interconnection between variosu service providers.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Nepal Telecommunication Authority has prepared a new set of directives related to interconnection between variosu service providers. The new guidelines will replace the Interconnection Guideline 2008.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NTA said the new guidelines have been introduced to regulate communication between two or more telecom service providers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A board meeting of the telecom regulatory body of Nepal had approved the guidelines last week. NTA is preparing to issue a public notice regarding the new guidelines in a few days for the convenience of the service seekers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The guidelines have also fixed the new rate of inter-telecom calls. Director of NTA Min Prasad Aryal said that the new guidelines have fixed new tariffs for interconnection and international calls.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The new guidelines are expected to reduce the cost of such calls.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Our policy is to provide service to the customers at a reasonable rate. We will be gradually reducing the rate over a period of time,” said Aryal.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the new guidelines, the cost of making a call from one company’s mobile phone to another company’s mobile has been fixed at 10 paisa. The earlier price was 54 paisa.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11130', 'image' => '20190910031119_Copy.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '11379', 'article_category_id' => '1', 'title' => 'Oli, Modi Jointly Inaugurate the first Trans-Border Petroleum Pipeline in South Asia', 'sub_title' => '', 'summary' => 'September 10: Prime Minister KP Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Motihari-Amlekhgunj Petroleum Pipeline on Tuesday afternoon through video conference.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">September 10: Prime Minister KP Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Motihari-Amlekhgunj Petroleum Pipeline on Tuesday afternoon through video conference.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">Oli and Modi pressed a button at their respective office to inaugurate the much-anticipated pipeline, which is the first trans-border petroleum pipeline in South Asia.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline which was successfully tested on July 18 has officially started receiving supply of petroleum product from India. In the first phase, the Indian Oil Corporation will supply diesel followed by petrol and kerosene.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">Nepal and India had agreed to construct the pipeline more than 15 years ago. Initially, the two governments had planned to construct the pipeline from Raxaul to Amlekhgunj. But after the IOC shifted its depot in Motihari, the pipeline was also constructed from Motihari to Amlekhgunj.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The two prime ministers had jointly inaugurated the construction of the pipeline two years ago by pressing a button from New Delhi during PM Oli’s India visit.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline built with an assistance of Rs 4.4 billion from the Indian government is 69 kilometers long. The pipeline measures 37 kilometers in the Nepali side and 32 towards the Indian side.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline can supply 200 kiloleters of petroleum product per hour, according to NOC. The state-owned oil monopoly can store 16,000 kiloleters of petrol in Amlekhgunj.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline is expected to significantly reduce leakage of petroleum products. It will save Rs 2 billion per year in transportation cost and also reduce traffic jam along the highway.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif""> </span></span></span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11129', 'image' => '20190910024650_20190906024332_1567731372.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '11378', 'article_category_id' => '1', 'title' => 'Nepal, China Sign Three Agreements during Wang’s Visit', 'sub_title' => '', 'summary' => 'September 10: Nepal and China have signed three agreements during Chinese Foreign Minister Wang Yi’s three-day state visit to Nepal. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Nepal and China have signed three agreements during Chinese Foreign Minister Wang Yi’s three-day state visit to Nepal. The signing of the MoUs took place in the presence of Foreign Minister Pradeep Gyawali and his Chinese counterpart on Monday.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">As per the agreement, China will build a hospital worth Rs 350 million in Manang, provide tents to 5000 earthquake victims and send Chinese volunteers to Nepal for teaching Chinese language.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The two foreign ministers held bilateral meeting before signing the agreements. During the meeting, Minister Gyawali and Wang discussed about the Belt and Road Initiative, trans-border electricity transmission line, Kerung-Rasuwagadhi Railway Project among other issues. However, the two countries have not reached any official understanding regarding these projects, said a source at the foreign ministry.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Wang also paid a courtesy call on President Bidya Devi Bhandari and Prime Minister K P Sharma Oli. He also held meetings with Nepali Congress President Sher Bahadur Deuba and NCP chairman Pushpa Kamal Dahal before wrapping his three-day visit on Tuesday.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11128', 'image' => '20190910023226_2 (1).jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '11377', 'article_category_id' => '1', 'title' => 'NOC to slash price of petroleum products', 'sub_title' => 'The decision coincides with the inauguration of Motihari-Amlekhgunj Petroleum Pipeline', 'summary' => 'September 10: Nepal Oil Corporation has decided to reduce the price of petroleum products by Rs 2 effective from today afternoon.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">September 10: Nepal Oil Corporation has decided to reduce the price of petroleum products by Rs 2 effective from today afternoon. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">NOC Managing Director Surendra Poudel made such announcement ahead of the inauguration of the much-awaited trans-boundary petroleum pipeline between Nepal and India in Amlekhgunj on Tuesday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The 70 kilometer pipeline from India’s Motihari to Nepal’s Amlekhgunj is scheduled to be inaugurated jointly by the prime ministers of the two countries at 12.15 pm local time. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">India’s PM Narendra Modi and his Nepali counterpart KP Oli will press the buttons at their respective offices to launch the pipeline through video conference.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The operation of the pipeline is expected to reduce the cost of transporting oil to Nepal as well as leakage. NOC estimates to save Rs 2 billion annually. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">As per the decision of NOC, petrol, diesel and kerosene will now cost Rs 2 less.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11127', 'image' => '20190910010620_1568097588.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '11374', 'article_category_id' => '1', 'title' => 'World Tourism Grows in First Half of 2019: UN', 'sub_title' => '', 'summary' => 'September 10: The number of travelers increased globally in the first six months of 2019 driven by "a strong economy, affordable air travel, increased air connectivity and enhanced visa facilitation,” according to a news report published by AFP.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">September 10: The number of travelers increased globally in the first six months of 2019 driven by "a strong economy, affordable air travel, increased air connectivity and enhanced visa facilitation,” according to a news report published by AFP.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">AFP said that the UN World Tourism Organisation issued a statement on Monday stating that international tourist arrivals rose by 4 percent in Europe and 6 percent in Asia in the first half of 2019, but trade tensions and Brexit uncertainty could hinder growth.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Worldwide destinations received 671 million foreign visitors between January and June, almost 30 million more than in the same period last year, the Madrid-based United Nations body said in the statement.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">It, however, warned that "prolonged uncertainty" about Britain's looming exit from the European Union, weaker economic indicators and global trade tensions "have started to take a toll on business and consumer confidence," reported AFP.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">The Middle East and Asia posted the biggest tourism growth.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">The Middle East saw an 8.0 percent rise in international visitors, due in part to an increase in demand during the Muslim holy month of Ramadan, which this year fell in May, as well as during the Eid al-Fitr religious holiday in June.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Tourist arrivals in Asia and the Pacific rose 6 percent, largely fuelled by outbound travel from China, the world's most populous country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">But the agency warned that Chinese spending on international travel was four percent lower in real terms during the first quarter.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">"Trade tensions with the USA, as well as the slight depreciation of the yuan, may influence destination choice by Chinese travellers in the short term," AFP quoted the statement.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Tourist arrivals overall in Europe, the world's most-visited region, grew four percent, fuelled mainly by intra-regional demand and a busy Easter holiday period.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11126', 'image' => '20190910120745_aaaa.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '11376', 'article_category_id' => '1', 'title' => 'Central Bank asks BFIs to Upgrade Cyber Security', 'sub_title' => '', 'summary' => 'September 10: Two weeks after the hacking of ATMs by Chinese nationals, Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal has directed the CEOs of banks and financial institutions (BFIs) to make cyber security of their respective banks more effective.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Two weeks after the hacking of ATMs by Chinese nationals, Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal has directed the CEOs of banks and financial institutions (BFIs) to make cyber security of their respective banks more effective.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Governor Nepal suggested the BFIs to remain alert from such activities and also told them to ensure cyber security by using sophisticated technology.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">During a meeting of NRB officials and the CEOs of different banks, the central bank urged all the banks to use chip-based cards, bring uniformity in the use of cards and increase surveillance in ATM booths.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB’s spokerperson Laxmi Prapanna Niraula said that the central bank has reached to a conclusion that the commercial banks must now increase their investment in cyber security.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“The BFIs should repeatedly check how effective are the system and software being used by them at present. If they are not up-to-date, the BFIs must upgrade the software,” Niraula quoted Governor Nepal as saying.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Niraula further said that the Government asked the BFIs to be alert as the security of banks might get compromised in the current situation. Therefore, he has urged the banks to invest more in ensuring cyber security, added Niraula.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11125', 'image' => '20190910125545_adsfadff.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '11375', 'article_category_id' => '1', 'title' => 'Electricity-based Public Transport Back into Operation', 'sub_title' => '', 'summary' => 'September 10: Public transportation service backed by electricity has resurfaced in Kathmandu 18 years after the Trolley bus became dysfunctional.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Public transportation service backed by electricity has resurfaced in Kathmandu 18 years after the Trolley bus became dysfunctional. Sundar Yatayat, a private company, started operating four electric buses on the streets of Kathmandu from Monday, September 9.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Coincidently, these new buses are built in China, which had also manufactured the Trolley buses.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Inaugurating the bus service in the capital, Deputy Prime Minister and Defence Minister Ishwar Pokharel recognized this as the first-of-its-kind service in Nepal.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Although the electric bus is in initial phase, it has a long way to go,” he said, adding, “There might be lots of challenges ahead and the government is always ready to support,” he said.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Out of the seven buses purchased from China’s BAK company at a cost of Rs 115.5 million, four have been operating their services along the Narayanthan-Medicity route, Gongabu-Sallaghari route, Dhungedhara-Jorpaty route as well as around the ring road.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">So far, the government has not issued the ticket price of electric vehicles. However, Sundar Yatayat has claimed that it will operate its services by charging the customers 20 percent less than other public vehicles. The company will also introduce smart cards for cashless payment. The card can be purchased for Rs 215.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The company has said it will operate other three vehicles once it gets route permit.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The electric bus with a capacity to accommodate 30 to 40 people at a time runs 265 kilometers after charging the battery for 6 hours. The company has also installed charging stations at Sukedhara, Chabahil and Sitapaila.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11124', 'image' => '20190910123556__MG_9540.JPG', 'article_date' => '2019-09-10 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' => '11388', 'article_category_id' => '1', 'title' => 'PATA Nepal to Organize NICE Expo in February', 'sub_title' => '', 'summary' => 'September 12: Nepal chapter of Pacific Asia Travel Association (PATA) in collaboration with Visit Nepal Year 2020 and Nepal Tourism Board is organizing Nepal-India-China Expo (NICE) in Nepal.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 12: Nepal chapter of Pacific Asia Travel Association (PATA) in collaboration with Visit Nepal Year 2020 and Nepal Tourism Board is organizing Nepal-India-China Expo (NICE) in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">PATA Nepal informed that the tri-nation tourism expo, which is a first of its kind event, is scheduled to be held in Kathmandu from February 21 to 24, 2020. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The tri-nation tourism expo is a noble concept envisioned by PATA Nepal chapter for bringing together tourism and hospitality stakeholders of Nepal, India, and China, in a single platform. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Sunil Shakya, chairman of PATA Nepal chapter, during a press conference held in the capital on Wednesday, September 11, informed that the tri-nation expo will have unparalleled networking and business opportunities, industry insights, and inspiration between the tourism entrepreneurs of the three neighboring countries.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Nepal is rightly and geopolitically placed between the two giant economies and can contribute hugely in bridging the gap between the two countries, which have arranged bilateral trade but, have never organized a tri-nation event, Shakya added. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">PATA Nepal chapter in a statement informed that the expo aims to bring together the two emerging giant economies and tourism powerhouses - India and China -- to foster the untapped tourism potentials and integrated business opportunities with Nepal as a facilitator. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">NICE aims to further help to consolidate the relationship between the three countries, focusing mainly in the field of tourism and hospitality, the statement added.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">China and India are two of the largest outbound source markets in the world with Nepal as one of its immediate recipient nations.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">According to 2018 statistics, approximately 150 million Chinese traveled abroad, out of which only 0.1% visited Nepal while only 0.75% of Indian tourists visited Nepal out of 25.85 million total outbound Indian visitors. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">NICE will feature 200 plus regional buyers, 100 exhibitors, 15 plus keynote speakers, and hundreds of guests and delegates including government officials, media invitees, and trade visitors. It aims to mark the national celebration of Visit Nepal Year 2020, informed Shakya.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">“We will be collaborating with different tourism organizations and stakeholders in Nepal, India, and China; and we seek the active cooperation and support from all our partners, sponsors, airlines,</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">hotels, media and the entire travel-trade fraternity of our nation– Nepal for making this the historic initiative successful,” said Shakya.</span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><strong> </strong> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11138', 'image' => '20190912124724_7.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '11387', 'article_category_id' => '1', 'title' => 'Nepal Tourism Board launches ‘photonepal.travel’', 'sub_title' => '', 'summary' => 'September 11: Nepal Tourism Board has launched a new website named ‘photonepal.travel’ with the objective to promote tourism in Nepal through the display of photography.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Nepal Tourism Board has launched a new website named ‘photonepal.travel’ with the objective to promote tourism in Nepal through the display of photography.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Minister of Culture, Tourism and Civil Aviation, Yogesh Bhattarai inaugurated the website on Tuesday.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The minister said that the website could be a helpful platform in promoting Nepal’s diversity around the world.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">He also said that the website is a brilliant platform for photographers to display their photos.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“One can use the search feature available on the website to search for their desired pictures and to share their photos,” informed senior official of NTB, Sudan Subedi.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the board, the website is visited by approximately 5000 people per day and around 50 people sign up for it daily.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The board also revealed that the website displays one thousand photos currently.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11137', 'image' => '20190911033211_1568158664.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '11386', 'article_category_id' => '266', 'title' => 'Nabil Bank and ECAN sign MOU', 'sub_title' => '', 'summary' => 'September 11: Nabil Bank has signed a MOU with Educational Consultancy Association of Nepal (ECAN) for banking services to ECAN members, its employees and students.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Times,serif">September 11: Nabil Bank has signed a MOU with Educational Consultancy Association of Nepal (ECAN) for banking services to ECAN members, its employees and students. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">As per the MOU, Nabil Bank will be the official banker of ECAN, its members and their service seeking students. Nabil Bank said in a statement that it will provide specialized services to the students and ECAN members.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">The bank said it will provide services like education loan, inward and outward remittances, credit cards, online fee payments and all other banking services at subsidized rate. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">Anil Keshary Shah, CEO of Nabil Bank ,said “MOU with ECAN is the commitment of Nabil to provide the best financial services to the students of Nepal who are the future of the country.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">Bishnu Hari Pandey, president of ECAN, said “We are proud to have a reputed bank like Nabil as the official banker for ECAN and receive the firm commitment from the bank to provide specialized and focused services to our students and members.” </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11136', 'image' => '20190911022412_DSC_4527.JPG', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '11385', 'article_category_id' => '266', 'title' => ' Himalayan Bank received TFP Award 2019', 'sub_title' => '', 'summary' => '', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Asian Development Bank (ADB) has awarded the Leading Partner Bank in Nepal under the TFP Award 2019 to Himalayan Bank Limited (HBL) for the highest number of transaction recorded with Trade Finance Programme (TFP). The TFP awards partner banks for their role in supporting trade in Asia and the Pacific region.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to Himalayan Bank, the ADB awarded the TFP award to the bank for the highest number of transactions recorded during the period of July 1, 2018 to June 30, 2019. The award is given in recognition of its role in promoting trade finance in Asia and the Pacific.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">General Manager, Sushiel Joshi, and Chief Manager, Satish Raj Joshi, of the bank received the award amid the award ceremony organized by ADB in Singapore on September 3. The bank further said it’s the third time that the bank has been award recurrently.</span></span></p> <p> </p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">__________________</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Sital Koirala</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Press and Public Relation Officer</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Date: 10<sup>th</sup> September, 2019</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11135', 'image' => '20190911020821_TFP Award 2019.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '11384', 'article_category_id' => '218', 'title' => 'Laxmi Bank’s 112thBranch in Chapagaun, Lalitpur', 'sub_title' => '', 'summary' => 'September 11: Laxmi Bank has extended its network to a total of 112 branches with the inauguration of a new branch at Chapagaun in Lalitpur on Tuesday, September 10.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Laxmi Bank has extended its network to a total of 112 branches with the inauguration of a new branch at Chapagaun in Lalitpur on Tuesday, September 10. According to the bank, this new branch will offer full range of retail banking services including locker service customized to meet the needs of individuals and small businesses.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">With the above new addition, Laxmi Bank’s network now includes 112 branches across 48 districts, two extension counters and four hospital service counters, 136ATMs, 2,500 remittance agents and 58 branchless banking agents spread across the country.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The bank claimed it is rapidly expanding to newer and underserved markets with the aim of fulfilling the growing demand for professional financial services such as innovative saving accounts, term deposits, home and auto loans, small business loans, microfinance, insurance etc. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11134', 'image' => '20190911015537_IMG_20190909_104353.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '11383', 'article_category_id' => '237', 'title' => 'OPPO to Launch New A Series soon', 'sub_title' => '', 'summary' => 'September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in Nepal. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in Nepal. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The company said in a press statement that the OPPO A Series phones come with 48MP ultra wide quad camera, dual stereo speakers, and a 5,000mAh ultra Battery.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The company said that the series is targeted towards Generation Z and is named the A Series 2020 to celebrate the beginning of the new decade and to welcome a new generation of mobile users.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The final launch dates of the products are yet to be announced, but the company stated that they could be presented as a special presentation for the Dashain festival.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11133', 'image' => 'A20 series coming soon.png', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '11382', 'article_category_id' => '1', 'title' => 'Central Bank tells BFIs to Audit Information Technology System', 'sub_title' => '', 'summary' => 'September 11: Nepal Rastra Bank has directed banks and financial institutions to develop “effective strategy” for protecting their information technology system. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Nepal Rastra Bank has directed banks and financial institutions to develop “effective strategy” for protecting their information technology system. The central bank has also instructed BFIs to audit their information technology system.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11132', 'image' => '20190911014232_1568162571.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '11381', 'article_category_id' => '1', 'title' => 'Furniture Expo Kicks Off', 'sub_title' => '', 'summary' => 'September 11: Furniture and Furnishing Expo 2019 kicked off at Bhrikutimandap, Kathmandu on Wednesday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Furniture and Furnishing Expo 2019 kicked off at Bhrikutimandap, Kathmandu on Wednesday. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Nepal Furniture and Furnishing Association said that the five-day event features stalls from both Nepali and foreign furniture producers.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The organizers informed that the main attractions of the expo include furniture for kitchen, bedroom, and bathroom, as well as outdoor furniture, interior designing, and carpets, marbles, and other furnishing materials.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Additionally, curtains, mattresses, décor items, home décor, office furniture, home appliances, machinery, and Vaastu-related products are also being displayed in the exhibition.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The expo will conclude on September 15. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"> </span></span></p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11131', 'image' => '20190911012757_1568074911.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '11380', 'article_category_id' => '1', 'title' => 'New Interconnection Guidelines to Reduce Telecom Charge', 'sub_title' => '', 'summary' => 'September 10: Nepal Telecommunication Authority has prepared a new set of directives related to interconnection between variosu service providers.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Nepal Telecommunication Authority has prepared a new set of directives related to interconnection between variosu service providers. The new guidelines will replace the Interconnection Guideline 2008.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NTA said the new guidelines have been introduced to regulate communication between two or more telecom service providers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A board meeting of the telecom regulatory body of Nepal had approved the guidelines last week. NTA is preparing to issue a public notice regarding the new guidelines in a few days for the convenience of the service seekers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The guidelines have also fixed the new rate of inter-telecom calls. Director of NTA Min Prasad Aryal said that the new guidelines have fixed new tariffs for interconnection and international calls.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The new guidelines are expected to reduce the cost of such calls.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Our policy is to provide service to the customers at a reasonable rate. We will be gradually reducing the rate over a period of time,” said Aryal.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the new guidelines, the cost of making a call from one company’s mobile phone to another company’s mobile has been fixed at 10 paisa. The earlier price was 54 paisa.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11130', 'image' => '20190910031119_Copy.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '11379', 'article_category_id' => '1', 'title' => 'Oli, Modi Jointly Inaugurate the first Trans-Border Petroleum Pipeline in South Asia', 'sub_title' => '', 'summary' => 'September 10: Prime Minister KP Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Motihari-Amlekhgunj Petroleum Pipeline on Tuesday afternoon through video conference.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">September 10: Prime Minister KP Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Motihari-Amlekhgunj Petroleum Pipeline on Tuesday afternoon through video conference.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">Oli and Modi pressed a button at their respective office to inaugurate the much-anticipated pipeline, which is the first trans-border petroleum pipeline in South Asia.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline which was successfully tested on July 18 has officially started receiving supply of petroleum product from India. In the first phase, the Indian Oil Corporation will supply diesel followed by petrol and kerosene.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">Nepal and India had agreed to construct the pipeline more than 15 years ago. Initially, the two governments had planned to construct the pipeline from Raxaul to Amlekhgunj. But after the IOC shifted its depot in Motihari, the pipeline was also constructed from Motihari to Amlekhgunj.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The two prime ministers had jointly inaugurated the construction of the pipeline two years ago by pressing a button from New Delhi during PM Oli’s India visit.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline built with an assistance of Rs 4.4 billion from the Indian government is 69 kilometers long. The pipeline measures 37 kilometers in the Nepali side and 32 towards the Indian side.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline can supply 200 kiloleters of petroleum product per hour, according to NOC. The state-owned oil monopoly can store 16,000 kiloleters of petrol in Amlekhgunj.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline is expected to significantly reduce leakage of petroleum products. It will save Rs 2 billion per year in transportation cost and also reduce traffic jam along the highway.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif""> </span></span></span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11129', 'image' => '20190910024650_20190906024332_1567731372.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '11378', 'article_category_id' => '1', 'title' => 'Nepal, China Sign Three Agreements during Wang’s Visit', 'sub_title' => '', 'summary' => 'September 10: Nepal and China have signed three agreements during Chinese Foreign Minister Wang Yi’s three-day state visit to Nepal. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Nepal and China have signed three agreements during Chinese Foreign Minister Wang Yi’s three-day state visit to Nepal. The signing of the MoUs took place in the presence of Foreign Minister Pradeep Gyawali and his Chinese counterpart on Monday.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">As per the agreement, China will build a hospital worth Rs 350 million in Manang, provide tents to 5000 earthquake victims and send Chinese volunteers to Nepal for teaching Chinese language.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The two foreign ministers held bilateral meeting before signing the agreements. During the meeting, Minister Gyawali and Wang discussed about the Belt and Road Initiative, trans-border electricity transmission line, Kerung-Rasuwagadhi Railway Project among other issues. However, the two countries have not reached any official understanding regarding these projects, said a source at the foreign ministry.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Wang also paid a courtesy call on President Bidya Devi Bhandari and Prime Minister K P Sharma Oli. He also held meetings with Nepali Congress President Sher Bahadur Deuba and NCP chairman Pushpa Kamal Dahal before wrapping his three-day visit on Tuesday.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11128', 'image' => '20190910023226_2 (1).jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '11377', 'article_category_id' => '1', 'title' => 'NOC to slash price of petroleum products', 'sub_title' => 'The decision coincides with the inauguration of Motihari-Amlekhgunj Petroleum Pipeline', 'summary' => 'September 10: Nepal Oil Corporation has decided to reduce the price of petroleum products by Rs 2 effective from today afternoon.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">September 10: Nepal Oil Corporation has decided to reduce the price of petroleum products by Rs 2 effective from today afternoon. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">NOC Managing Director Surendra Poudel made such announcement ahead of the inauguration of the much-awaited trans-boundary petroleum pipeline between Nepal and India in Amlekhgunj on Tuesday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The 70 kilometer pipeline from India’s Motihari to Nepal’s Amlekhgunj is scheduled to be inaugurated jointly by the prime ministers of the two countries at 12.15 pm local time. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">India’s PM Narendra Modi and his Nepali counterpart KP Oli will press the buttons at their respective offices to launch the pipeline through video conference.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The operation of the pipeline is expected to reduce the cost of transporting oil to Nepal as well as leakage. NOC estimates to save Rs 2 billion annually. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">As per the decision of NOC, petrol, diesel and kerosene will now cost Rs 2 less.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11127', 'image' => '20190910010620_1568097588.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '11374', 'article_category_id' => '1', 'title' => 'World Tourism Grows in First Half of 2019: UN', 'sub_title' => '', 'summary' => 'September 10: The number of travelers increased globally in the first six months of 2019 driven by "a strong economy, affordable air travel, increased air connectivity and enhanced visa facilitation,” according to a news report published by AFP.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">September 10: The number of travelers increased globally in the first six months of 2019 driven by "a strong economy, affordable air travel, increased air connectivity and enhanced visa facilitation,” according to a news report published by AFP.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">AFP said that the UN World Tourism Organisation issued a statement on Monday stating that international tourist arrivals rose by 4 percent in Europe and 6 percent in Asia in the first half of 2019, but trade tensions and Brexit uncertainty could hinder growth.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Worldwide destinations received 671 million foreign visitors between January and June, almost 30 million more than in the same period last year, the Madrid-based United Nations body said in the statement.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">It, however, warned that "prolonged uncertainty" about Britain's looming exit from the European Union, weaker economic indicators and global trade tensions "have started to take a toll on business and consumer confidence," reported AFP.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">The Middle East and Asia posted the biggest tourism growth.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">The Middle East saw an 8.0 percent rise in international visitors, due in part to an increase in demand during the Muslim holy month of Ramadan, which this year fell in May, as well as during the Eid al-Fitr religious holiday in June.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Tourist arrivals in Asia and the Pacific rose 6 percent, largely fuelled by outbound travel from China, the world's most populous country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">But the agency warned that Chinese spending on international travel was four percent lower in real terms during the first quarter.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">"Trade tensions with the USA, as well as the slight depreciation of the yuan, may influence destination choice by Chinese travellers in the short term," AFP quoted the statement.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Tourist arrivals overall in Europe, the world's most-visited region, grew four percent, fuelled mainly by intra-regional demand and a busy Easter holiday period.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11126', 'image' => '20190910120745_aaaa.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '11376', 'article_category_id' => '1', 'title' => 'Central Bank asks BFIs to Upgrade Cyber Security', 'sub_title' => '', 'summary' => 'September 10: Two weeks after the hacking of ATMs by Chinese nationals, Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal has directed the CEOs of banks and financial institutions (BFIs) to make cyber security of their respective banks more effective.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Two weeks after the hacking of ATMs by Chinese nationals, Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal has directed the CEOs of banks and financial institutions (BFIs) to make cyber security of their respective banks more effective.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Governor Nepal suggested the BFIs to remain alert from such activities and also told them to ensure cyber security by using sophisticated technology.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">During a meeting of NRB officials and the CEOs of different banks, the central bank urged all the banks to use chip-based cards, bring uniformity in the use of cards and increase surveillance in ATM booths.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB’s spokerperson Laxmi Prapanna Niraula said that the central bank has reached to a conclusion that the commercial banks must now increase their investment in cyber security.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“The BFIs should repeatedly check how effective are the system and software being used by them at present. If they are not up-to-date, the BFIs must upgrade the software,” Niraula quoted Governor Nepal as saying.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Niraula further said that the Government asked the BFIs to be alert as the security of banks might get compromised in the current situation. Therefore, he has urged the banks to invest more in ensuring cyber security, added Niraula.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11125', 'image' => '20190910125545_adsfadff.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '11375', 'article_category_id' => '1', 'title' => 'Electricity-based Public Transport Back into Operation', 'sub_title' => '', 'summary' => 'September 10: Public transportation service backed by electricity has resurfaced in Kathmandu 18 years after the Trolley bus became dysfunctional.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Public transportation service backed by electricity has resurfaced in Kathmandu 18 years after the Trolley bus became dysfunctional. Sundar Yatayat, a private company, started operating four electric buses on the streets of Kathmandu from Monday, September 9.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Coincidently, these new buses are built in China, which had also manufactured the Trolley buses.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Inaugurating the bus service in the capital, Deputy Prime Minister and Defence Minister Ishwar Pokharel recognized this as the first-of-its-kind service in Nepal.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Although the electric bus is in initial phase, it has a long way to go,” he said, adding, “There might be lots of challenges ahead and the government is always ready to support,” he said.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Out of the seven buses purchased from China’s BAK company at a cost of Rs 115.5 million, four have been operating their services along the Narayanthan-Medicity route, Gongabu-Sallaghari route, Dhungedhara-Jorpaty route as well as around the ring road.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">So far, the government has not issued the ticket price of electric vehicles. However, Sundar Yatayat has claimed that it will operate its services by charging the customers 20 percent less than other public vehicles. The company will also introduce smart cards for cashless payment. The card can be purchased for Rs 215.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The company has said it will operate other three vehicles once it gets route permit.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The electric bus with a capacity to accommodate 30 to 40 people at a time runs 265 kilometers after charging the battery for 6 hours. The company has also installed charging stations at Sukedhara, Chabahil and Sitapaila.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11124', 'image' => '20190910123556__MG_9540.JPG', 'article_date' => '2019-09-10 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' => '11388', 'article_category_id' => '1', 'title' => 'PATA Nepal to Organize NICE Expo in February', 'sub_title' => '', 'summary' => 'September 12: Nepal chapter of Pacific Asia Travel Association (PATA) in collaboration with Visit Nepal Year 2020 and Nepal Tourism Board is organizing Nepal-India-China Expo (NICE) in Nepal.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 12: Nepal chapter of Pacific Asia Travel Association (PATA) in collaboration with Visit Nepal Year 2020 and Nepal Tourism Board is organizing Nepal-India-China Expo (NICE) in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">PATA Nepal informed that the tri-nation tourism expo, which is a first of its kind event, is scheduled to be held in Kathmandu from February 21 to 24, 2020. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The tri-nation tourism expo is a noble concept envisioned by PATA Nepal chapter for bringing together tourism and hospitality stakeholders of Nepal, India, and China, in a single platform. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Sunil Shakya, chairman of PATA Nepal chapter, during a press conference held in the capital on Wednesday, September 11, informed that the tri-nation expo will have unparalleled networking and business opportunities, industry insights, and inspiration between the tourism entrepreneurs of the three neighboring countries.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Nepal is rightly and geopolitically placed between the two giant economies and can contribute hugely in bridging the gap between the two countries, which have arranged bilateral trade but, have never organized a tri-nation event, Shakya added. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">PATA Nepal chapter in a statement informed that the expo aims to bring together the two emerging giant economies and tourism powerhouses - India and China -- to foster the untapped tourism potentials and integrated business opportunities with Nepal as a facilitator. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">NICE aims to further help to consolidate the relationship between the three countries, focusing mainly in the field of tourism and hospitality, the statement added.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">China and India are two of the largest outbound source markets in the world with Nepal as one of its immediate recipient nations.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">According to 2018 statistics, approximately 150 million Chinese traveled abroad, out of which only 0.1% visited Nepal while only 0.75% of Indian tourists visited Nepal out of 25.85 million total outbound Indian visitors. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">NICE will feature 200 plus regional buyers, 100 exhibitors, 15 plus keynote speakers, and hundreds of guests and delegates including government officials, media invitees, and trade visitors. It aims to mark the national celebration of Visit Nepal Year 2020, informed Shakya.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">“We will be collaborating with different tourism organizations and stakeholders in Nepal, India, and China; and we seek the active cooperation and support from all our partners, sponsors, airlines,</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">hotels, media and the entire travel-trade fraternity of our nation– Nepal for making this the historic initiative successful,” said Shakya.</span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><strong> </strong> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11138', 'image' => '20190912124724_7.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '11387', 'article_category_id' => '1', 'title' => 'Nepal Tourism Board launches ‘photonepal.travel’', 'sub_title' => '', 'summary' => 'September 11: Nepal Tourism Board has launched a new website named ‘photonepal.travel’ with the objective to promote tourism in Nepal through the display of photography.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Nepal Tourism Board has launched a new website named ‘photonepal.travel’ with the objective to promote tourism in Nepal through the display of photography.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Minister of Culture, Tourism and Civil Aviation, Yogesh Bhattarai inaugurated the website on Tuesday.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The minister said that the website could be a helpful platform in promoting Nepal’s diversity around the world.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">He also said that the website is a brilliant platform for photographers to display their photos.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“One can use the search feature available on the website to search for their desired pictures and to share their photos,” informed senior official of NTB, Sudan Subedi.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the board, the website is visited by approximately 5000 people per day and around 50 people sign up for it daily.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The board also revealed that the website displays one thousand photos currently.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11137', 'image' => '20190911033211_1568158664.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '11386', 'article_category_id' => '266', 'title' => 'Nabil Bank and ECAN sign MOU', 'sub_title' => '', 'summary' => 'September 11: Nabil Bank has signed a MOU with Educational Consultancy Association of Nepal (ECAN) for banking services to ECAN members, its employees and students.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Times,serif">September 11: Nabil Bank has signed a MOU with Educational Consultancy Association of Nepal (ECAN) for banking services to ECAN members, its employees and students. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">As per the MOU, Nabil Bank will be the official banker of ECAN, its members and their service seeking students. Nabil Bank said in a statement that it will provide specialized services to the students and ECAN members.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">The bank said it will provide services like education loan, inward and outward remittances, credit cards, online fee payments and all other banking services at subsidized rate. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">Anil Keshary Shah, CEO of Nabil Bank ,said “MOU with ECAN is the commitment of Nabil to provide the best financial services to the students of Nepal who are the future of the country.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">Bishnu Hari Pandey, president of ECAN, said “We are proud to have a reputed bank like Nabil as the official banker for ECAN and receive the firm commitment from the bank to provide specialized and focused services to our students and members.” </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11136', 'image' => '20190911022412_DSC_4527.JPG', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '11385', 'article_category_id' => '266', 'title' => ' Himalayan Bank received TFP Award 2019', 'sub_title' => '', 'summary' => '', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Asian Development Bank (ADB) has awarded the Leading Partner Bank in Nepal under the TFP Award 2019 to Himalayan Bank Limited (HBL) for the highest number of transaction recorded with Trade Finance Programme (TFP). The TFP awards partner banks for their role in supporting trade in Asia and the Pacific region.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to Himalayan Bank, the ADB awarded the TFP award to the bank for the highest number of transactions recorded during the period of July 1, 2018 to June 30, 2019. The award is given in recognition of its role in promoting trade finance in Asia and the Pacific.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">General Manager, Sushiel Joshi, and Chief Manager, Satish Raj Joshi, of the bank received the award amid the award ceremony organized by ADB in Singapore on September 3. The bank further said it’s the third time that the bank has been award recurrently.</span></span></p> <p> </p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">__________________</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Sital Koirala</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Press and Public Relation Officer</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Date: 10<sup>th</sup> September, 2019</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11135', 'image' => '20190911020821_TFP Award 2019.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '11384', 'article_category_id' => '218', 'title' => 'Laxmi Bank’s 112thBranch in Chapagaun, Lalitpur', 'sub_title' => '', 'summary' => 'September 11: Laxmi Bank has extended its network to a total of 112 branches with the inauguration of a new branch at Chapagaun in Lalitpur on Tuesday, September 10.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Laxmi Bank has extended its network to a total of 112 branches with the inauguration of a new branch at Chapagaun in Lalitpur on Tuesday, September 10. According to the bank, this new branch will offer full range of retail banking services including locker service customized to meet the needs of individuals and small businesses.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">With the above new addition, Laxmi Bank’s network now includes 112 branches across 48 districts, two extension counters and four hospital service counters, 136ATMs, 2,500 remittance agents and 58 branchless banking agents spread across the country.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The bank claimed it is rapidly expanding to newer and underserved markets with the aim of fulfilling the growing demand for professional financial services such as innovative saving accounts, term deposits, home and auto loans, small business loans, microfinance, insurance etc. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11134', 'image' => '20190911015537_IMG_20190909_104353.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '11383', 'article_category_id' => '237', 'title' => 'OPPO to Launch New A Series soon', 'sub_title' => '', 'summary' => 'September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in Nepal. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in Nepal. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The company said in a press statement that the OPPO A Series phones come with 48MP ultra wide quad camera, dual stereo speakers, and a 5,000mAh ultra Battery.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The company said that the series is targeted towards Generation Z and is named the A Series 2020 to celebrate the beginning of the new decade and to welcome a new generation of mobile users.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The final launch dates of the products are yet to be announced, but the company stated that they could be presented as a special presentation for the Dashain festival.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11133', 'image' => 'A20 series coming soon.png', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '11382', 'article_category_id' => '1', 'title' => 'Central Bank tells BFIs to Audit Information Technology System', 'sub_title' => '', 'summary' => 'September 11: Nepal Rastra Bank has directed banks and financial institutions to develop “effective strategy” for protecting their information technology system. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Nepal Rastra Bank has directed banks and financial institutions to develop “effective strategy” for protecting their information technology system. The central bank has also instructed BFIs to audit their information technology system.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11132', 'image' => '20190911014232_1568162571.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '11381', 'article_category_id' => '1', 'title' => 'Furniture Expo Kicks Off', 'sub_title' => '', 'summary' => 'September 11: Furniture and Furnishing Expo 2019 kicked off at Bhrikutimandap, Kathmandu on Wednesday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Furniture and Furnishing Expo 2019 kicked off at Bhrikutimandap, Kathmandu on Wednesday. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Nepal Furniture and Furnishing Association said that the five-day event features stalls from both Nepali and foreign furniture producers.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The organizers informed that the main attractions of the expo include furniture for kitchen, bedroom, and bathroom, as well as outdoor furniture, interior designing, and carpets, marbles, and other furnishing materials.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Additionally, curtains, mattresses, décor items, home décor, office furniture, home appliances, machinery, and Vaastu-related products are also being displayed in the exhibition.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The expo will conclude on September 15. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"> </span></span></p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11131', 'image' => '20190911012757_1568074911.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '11380', 'article_category_id' => '1', 'title' => 'New Interconnection Guidelines to Reduce Telecom Charge', 'sub_title' => '', 'summary' => 'September 10: Nepal Telecommunication Authority has prepared a new set of directives related to interconnection between variosu service providers.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Nepal Telecommunication Authority has prepared a new set of directives related to interconnection between variosu service providers. The new guidelines will replace the Interconnection Guideline 2008.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NTA said the new guidelines have been introduced to regulate communication between two or more telecom service providers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A board meeting of the telecom regulatory body of Nepal had approved the guidelines last week. NTA is preparing to issue a public notice regarding the new guidelines in a few days for the convenience of the service seekers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The guidelines have also fixed the new rate of inter-telecom calls. Director of NTA Min Prasad Aryal said that the new guidelines have fixed new tariffs for interconnection and international calls.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The new guidelines are expected to reduce the cost of such calls.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Our policy is to provide service to the customers at a reasonable rate. We will be gradually reducing the rate over a period of time,” said Aryal.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the new guidelines, the cost of making a call from one company’s mobile phone to another company’s mobile has been fixed at 10 paisa. The earlier price was 54 paisa.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11130', 'image' => '20190910031119_Copy.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '11379', 'article_category_id' => '1', 'title' => 'Oli, Modi Jointly Inaugurate the first Trans-Border Petroleum Pipeline in South Asia', 'sub_title' => '', 'summary' => 'September 10: Prime Minister KP Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Motihari-Amlekhgunj Petroleum Pipeline on Tuesday afternoon through video conference.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">September 10: Prime Minister KP Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Motihari-Amlekhgunj Petroleum Pipeline on Tuesday afternoon through video conference.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">Oli and Modi pressed a button at their respective office to inaugurate the much-anticipated pipeline, which is the first trans-border petroleum pipeline in South Asia.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline which was successfully tested on July 18 has officially started receiving supply of petroleum product from India. In the first phase, the Indian Oil Corporation will supply diesel followed by petrol and kerosene.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">Nepal and India had agreed to construct the pipeline more than 15 years ago. Initially, the two governments had planned to construct the pipeline from Raxaul to Amlekhgunj. But after the IOC shifted its depot in Motihari, the pipeline was also constructed from Motihari to Amlekhgunj.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The two prime ministers had jointly inaugurated the construction of the pipeline two years ago by pressing a button from New Delhi during PM Oli’s India visit.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline built with an assistance of Rs 4.4 billion from the Indian government is 69 kilometers long. The pipeline measures 37 kilometers in the Nepali side and 32 towards the Indian side.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline can supply 200 kiloleters of petroleum product per hour, according to NOC. The state-owned oil monopoly can store 16,000 kiloleters of petrol in Amlekhgunj.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline is expected to significantly reduce leakage of petroleum products. It will save Rs 2 billion per year in transportation cost and also reduce traffic jam along the highway.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif""> </span></span></span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11129', 'image' => '20190910024650_20190906024332_1567731372.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '11378', 'article_category_id' => '1', 'title' => 'Nepal, China Sign Three Agreements during Wang’s Visit', 'sub_title' => '', 'summary' => 'September 10: Nepal and China have signed three agreements during Chinese Foreign Minister Wang Yi’s three-day state visit to Nepal. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Nepal and China have signed three agreements during Chinese Foreign Minister Wang Yi’s three-day state visit to Nepal. The signing of the MoUs took place in the presence of Foreign Minister Pradeep Gyawali and his Chinese counterpart on Monday.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">As per the agreement, China will build a hospital worth Rs 350 million in Manang, provide tents to 5000 earthquake victims and send Chinese volunteers to Nepal for teaching Chinese language.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The two foreign ministers held bilateral meeting before signing the agreements. During the meeting, Minister Gyawali and Wang discussed about the Belt and Road Initiative, trans-border electricity transmission line, Kerung-Rasuwagadhi Railway Project among other issues. However, the two countries have not reached any official understanding regarding these projects, said a source at the foreign ministry.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Wang also paid a courtesy call on President Bidya Devi Bhandari and Prime Minister K P Sharma Oli. He also held meetings with Nepali Congress President Sher Bahadur Deuba and NCP chairman Pushpa Kamal Dahal before wrapping his three-day visit on Tuesday.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11128', 'image' => '20190910023226_2 (1).jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '11377', 'article_category_id' => '1', 'title' => 'NOC to slash price of petroleum products', 'sub_title' => 'The decision coincides with the inauguration of Motihari-Amlekhgunj Petroleum Pipeline', 'summary' => 'September 10: Nepal Oil Corporation has decided to reduce the price of petroleum products by Rs 2 effective from today afternoon.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">September 10: Nepal Oil Corporation has decided to reduce the price of petroleum products by Rs 2 effective from today afternoon. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">NOC Managing Director Surendra Poudel made such announcement ahead of the inauguration of the much-awaited trans-boundary petroleum pipeline between Nepal and India in Amlekhgunj on Tuesday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The 70 kilometer pipeline from India’s Motihari to Nepal’s Amlekhgunj is scheduled to be inaugurated jointly by the prime ministers of the two countries at 12.15 pm local time. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">India’s PM Narendra Modi and his Nepali counterpart KP Oli will press the buttons at their respective offices to launch the pipeline through video conference.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The operation of the pipeline is expected to reduce the cost of transporting oil to Nepal as well as leakage. NOC estimates to save Rs 2 billion annually. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">As per the decision of NOC, petrol, diesel and kerosene will now cost Rs 2 less.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11127', 'image' => '20190910010620_1568097588.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '11374', 'article_category_id' => '1', 'title' => 'World Tourism Grows in First Half of 2019: UN', 'sub_title' => '', 'summary' => 'September 10: The number of travelers increased globally in the first six months of 2019 driven by "a strong economy, affordable air travel, increased air connectivity and enhanced visa facilitation,” according to a news report published by AFP.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">September 10: The number of travelers increased globally in the first six months of 2019 driven by "a strong economy, affordable air travel, increased air connectivity and enhanced visa facilitation,” according to a news report published by AFP.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">AFP said that the UN World Tourism Organisation issued a statement on Monday stating that international tourist arrivals rose by 4 percent in Europe and 6 percent in Asia in the first half of 2019, but trade tensions and Brexit uncertainty could hinder growth.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Worldwide destinations received 671 million foreign visitors between January and June, almost 30 million more than in the same period last year, the Madrid-based United Nations body said in the statement.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">It, however, warned that "prolonged uncertainty" about Britain's looming exit from the European Union, weaker economic indicators and global trade tensions "have started to take a toll on business and consumer confidence," reported AFP.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">The Middle East and Asia posted the biggest tourism growth.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">The Middle East saw an 8.0 percent rise in international visitors, due in part to an increase in demand during the Muslim holy month of Ramadan, which this year fell in May, as well as during the Eid al-Fitr religious holiday in June.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Tourist arrivals in Asia and the Pacific rose 6 percent, largely fuelled by outbound travel from China, the world's most populous country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">But the agency warned that Chinese spending on international travel was four percent lower in real terms during the first quarter.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">"Trade tensions with the USA, as well as the slight depreciation of the yuan, may influence destination choice by Chinese travellers in the short term," AFP quoted the statement.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Tourist arrivals overall in Europe, the world's most-visited region, grew four percent, fuelled mainly by intra-regional demand and a busy Easter holiday period.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11126', 'image' => '20190910120745_aaaa.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '11376', 'article_category_id' => '1', 'title' => 'Central Bank asks BFIs to Upgrade Cyber Security', 'sub_title' => '', 'summary' => 'September 10: Two weeks after the hacking of ATMs by Chinese nationals, Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal has directed the CEOs of banks and financial institutions (BFIs) to make cyber security of their respective banks more effective.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Two weeks after the hacking of ATMs by Chinese nationals, Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal has directed the CEOs of banks and financial institutions (BFIs) to make cyber security of their respective banks more effective.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Governor Nepal suggested the BFIs to remain alert from such activities and also told them to ensure cyber security by using sophisticated technology.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">During a meeting of NRB officials and the CEOs of different banks, the central bank urged all the banks to use chip-based cards, bring uniformity in the use of cards and increase surveillance in ATM booths.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB’s spokerperson Laxmi Prapanna Niraula said that the central bank has reached to a conclusion that the commercial banks must now increase their investment in cyber security.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“The BFIs should repeatedly check how effective are the system and software being used by them at present. If they are not up-to-date, the BFIs must upgrade the software,” Niraula quoted Governor Nepal as saying.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Niraula further said that the Government asked the BFIs to be alert as the security of banks might get compromised in the current situation. Therefore, he has urged the banks to invest more in ensuring cyber security, added Niraula.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11125', 'image' => '20190910125545_adsfadff.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '11375', 'article_category_id' => '1', 'title' => 'Electricity-based Public Transport Back into Operation', 'sub_title' => '', 'summary' => 'September 10: Public transportation service backed by electricity has resurfaced in Kathmandu 18 years after the Trolley bus became dysfunctional.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Public transportation service backed by electricity has resurfaced in Kathmandu 18 years after the Trolley bus became dysfunctional. Sundar Yatayat, a private company, started operating four electric buses on the streets of Kathmandu from Monday, September 9.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Coincidently, these new buses are built in China, which had also manufactured the Trolley buses.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Inaugurating the bus service in the capital, Deputy Prime Minister and Defence Minister Ishwar Pokharel recognized this as the first-of-its-kind service in Nepal.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Although the electric bus is in initial phase, it has a long way to go,” he said, adding, “There might be lots of challenges ahead and the government is always ready to support,” he said.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Out of the seven buses purchased from China’s BAK company at a cost of Rs 115.5 million, four have been operating their services along the Narayanthan-Medicity route, Gongabu-Sallaghari route, Dhungedhara-Jorpaty route as well as around the ring road.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">So far, the government has not issued the ticket price of electric vehicles. However, Sundar Yatayat has claimed that it will operate its services by charging the customers 20 percent less than other public vehicles. The company will also introduce smart cards for cashless payment. The card can be purchased for Rs 215.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The company has said it will operate other three vehicles once it gets route permit.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The electric bus with a capacity to accommodate 30 to 40 people at a time runs 265 kilometers after charging the battery for 6 hours. The company has also installed charging stations at Sukedhara, Chabahil and Sitapaila.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11124', 'image' => '20190910123556__MG_9540.JPG', 'article_date' => '2019-09-10 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
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 133]file not found!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' => '11388', 'article_category_id' => '1', 'title' => 'PATA Nepal to Organize NICE Expo in February', 'sub_title' => '', 'summary' => 'September 12: Nepal chapter of Pacific Asia Travel Association (PATA) in collaboration with Visit Nepal Year 2020 and Nepal Tourism Board is organizing Nepal-India-China Expo (NICE) in Nepal.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 12: Nepal chapter of Pacific Asia Travel Association (PATA) in collaboration with Visit Nepal Year 2020 and Nepal Tourism Board is organizing Nepal-India-China Expo (NICE) in Nepal.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">PATA Nepal informed that the tri-nation tourism expo, which is a first of its kind event, is scheduled to be held in Kathmandu from February 21 to 24, 2020. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The tri-nation tourism expo is a noble concept envisioned by PATA Nepal chapter for bringing together tourism and hospitality stakeholders of Nepal, India, and China, in a single platform. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Sunil Shakya, chairman of PATA Nepal chapter, during a press conference held in the capital on Wednesday, September 11, informed that the tri-nation expo will have unparalleled networking and business opportunities, industry insights, and inspiration between the tourism entrepreneurs of the three neighboring countries.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Nepal is rightly and geopolitically placed between the two giant economies and can contribute hugely in bridging the gap between the two countries, which have arranged bilateral trade but, have never organized a tri-nation event, Shakya added. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">PATA Nepal chapter in a statement informed that the expo aims to bring together the two emerging giant economies and tourism powerhouses - India and China -- to foster the untapped tourism potentials and integrated business opportunities with Nepal as a facilitator. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">NICE aims to further help to consolidate the relationship between the three countries, focusing mainly in the field of tourism and hospitality, the statement added.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">China and India are two of the largest outbound source markets in the world with Nepal as one of its immediate recipient nations.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">According to 2018 statistics, approximately 150 million Chinese traveled abroad, out of which only 0.1% visited Nepal while only 0.75% of Indian tourists visited Nepal out of 25.85 million total outbound Indian visitors. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">NICE will feature 200 plus regional buyers, 100 exhibitors, 15 plus keynote speakers, and hundreds of guests and delegates including government officials, media invitees, and trade visitors. It aims to mark the national celebration of Visit Nepal Year 2020, informed Shakya.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">“We will be collaborating with different tourism organizations and stakeholders in Nepal, India, and China; and we seek the active cooperation and support from all our partners, sponsors, airlines,</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">hotels, media and the entire travel-trade fraternity of our nation– Nepal for making this the historic initiative successful,” said Shakya.</span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><strong> </strong> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-12', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11138', 'image' => '20190912124724_7.jpg', 'article_date' => '2019-09-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '11387', 'article_category_id' => '1', 'title' => 'Nepal Tourism Board launches ‘photonepal.travel’', 'sub_title' => '', 'summary' => 'September 11: Nepal Tourism Board has launched a new website named ‘photonepal.travel’ with the objective to promote tourism in Nepal through the display of photography.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Nepal Tourism Board has launched a new website named ‘photonepal.travel’ with the objective to promote tourism in Nepal through the display of photography.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Minister of Culture, Tourism and Civil Aviation, Yogesh Bhattarai inaugurated the website on Tuesday.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The minister said that the website could be a helpful platform in promoting Nepal’s diversity around the world.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">He also said that the website is a brilliant platform for photographers to display their photos.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“One can use the search feature available on the website to search for their desired pictures and to share their photos,” informed senior official of NTB, Sudan Subedi.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the board, the website is visited by approximately 5000 people per day and around 50 people sign up for it daily.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The board also revealed that the website displays one thousand photos currently.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-12', 'keywords' => '', 'description' => '', 'sortorder' => '11137', 'image' => '20190911033211_1568158664.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '11386', 'article_category_id' => '266', 'title' => 'Nabil Bank and ECAN sign MOU', 'sub_title' => '', 'summary' => 'September 11: Nabil Bank has signed a MOU with Educational Consultancy Association of Nepal (ECAN) for banking services to ECAN members, its employees and students.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:Times,serif">September 11: Nabil Bank has signed a MOU with Educational Consultancy Association of Nepal (ECAN) for banking services to ECAN members, its employees and students. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">As per the MOU, Nabil Bank will be the official banker of ECAN, its members and their service seeking students. Nabil Bank said in a statement that it will provide specialized services to the students and ECAN members.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">The bank said it will provide services like education loan, inward and outward remittances, credit cards, online fee payments and all other banking services at subsidized rate. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">Anil Keshary Shah, CEO of Nabil Bank ,said “MOU with ECAN is the commitment of Nabil to provide the best financial services to the students of Nepal who are the future of the country.”</span></span></p> <p><span style="font-size:12pt"><span style="font-family:Times,serif">Bishnu Hari Pandey, president of ECAN, said “We are proud to have a reputed bank like Nabil as the official banker for ECAN and receive the firm commitment from the bank to provide specialized and focused services to our students and members.” </span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11136', 'image' => '20190911022412_DSC_4527.JPG', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '11385', 'article_category_id' => '266', 'title' => ' Himalayan Bank received TFP Award 2019', 'sub_title' => '', 'summary' => '', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Asian Development Bank (ADB) has awarded the Leading Partner Bank in Nepal under the TFP Award 2019 to Himalayan Bank Limited (HBL) for the highest number of transaction recorded with Trade Finance Programme (TFP). The TFP awards partner banks for their role in supporting trade in Asia and the Pacific region.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to Himalayan Bank, the ADB awarded the TFP award to the bank for the highest number of transactions recorded during the period of July 1, 2018 to June 30, 2019. The award is given in recognition of its role in promoting trade finance in Asia and the Pacific.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">General Manager, Sushiel Joshi, and Chief Manager, Satish Raj Joshi, of the bank received the award amid the award ceremony organized by ADB in Singapore on September 3. The bank further said it’s the third time that the bank has been award recurrently.</span></span></p> <p> </p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">__________________</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Sital Koirala</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Press and Public Relation Officer</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Date: 10<sup>th</sup> September, 2019</span></span></p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11135', 'image' => '20190911020821_TFP Award 2019.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '11384', 'article_category_id' => '218', 'title' => 'Laxmi Bank’s 112thBranch in Chapagaun, Lalitpur', 'sub_title' => '', 'summary' => 'September 11: Laxmi Bank has extended its network to a total of 112 branches with the inauguration of a new branch at Chapagaun in Lalitpur on Tuesday, September 10.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Laxmi Bank has extended its network to a total of 112 branches with the inauguration of a new branch at Chapagaun in Lalitpur on Tuesday, September 10. According to the bank, this new branch will offer full range of retail banking services including locker service customized to meet the needs of individuals and small businesses.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">With the above new addition, Laxmi Bank’s network now includes 112 branches across 48 districts, two extension counters and four hospital service counters, 136ATMs, 2,500 remittance agents and 58 branchless banking agents spread across the country.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The bank claimed it is rapidly expanding to newer and underserved markets with the aim of fulfilling the growing demand for professional financial services such as innovative saving accounts, term deposits, home and auto loans, small business loans, microfinance, insurance etc. </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11134', 'image' => '20190911015537_IMG_20190909_104353.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '11383', 'article_category_id' => '237', 'title' => 'OPPO to Launch New A Series soon', 'sub_title' => '', 'summary' => 'September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in Nepal. ', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Chinese smartphone brand OPPO has announced to launch its new A series smartphones, which includes A9 2020 and A5 2020, in Nepal. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The company said in a press statement that the OPPO A Series phones come with 48MP ultra wide quad camera, dual stereo speakers, and a 5,000mAh ultra Battery.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The company said that the series is targeted towards Generation Z and is named the A Series 2020 to celebrate the beginning of the new decade and to welcome a new generation of mobile users.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The final launch dates of the products are yet to be announced, but the company stated that they could be presented as a special presentation for the Dashain festival.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11133', 'image' => 'A20 series coming soon.png', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '11382', 'article_category_id' => '1', 'title' => 'Central Bank tells BFIs to Audit Information Technology System', 'sub_title' => '', 'summary' => 'September 11: Nepal Rastra Bank has directed banks and financial institutions to develop “effective strategy” for protecting their information technology system. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 11: Nepal Rastra Bank has directed banks and financial institutions to develop “effective strategy” for protecting their information technology system. The central bank has also instructed BFIs to audit their information technology system.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Earlier, BFIs had to audit only the core banking system but now it has become mandatory for them to audit their IT system as well.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank issued such circular to BFIs on Tuesday (September 10) to minimize the risk of cyber attacks.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The central bank has demanded security audit of IT system and immediate rectification if any anomalies are suggested by the audit report.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB has also instructed BFIs to make necessary arrangement for capacity building of staff and customers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The information technology used in Nepal has come under scrutiny after the recent cyber attack on August 31 in which Chinese nationals stole millions from banks by hacking the ATMs.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Following the heist, the central bank has stepped up efforts to secure the information technology system used by BFIs. </span></span></p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11132', 'image' => '20190911014232_1568162571.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '11381', 'article_category_id' => '1', 'title' => 'Furniture Expo Kicks Off', 'sub_title' => '', 'summary' => 'September 11: Furniture and Furnishing Expo 2019 kicked off at Bhrikutimandap, Kathmandu on Wednesday.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">September 11: Furniture and Furnishing Expo 2019 kicked off at Bhrikutimandap, Kathmandu on Wednesday. </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Nepal Furniture and Furnishing Association said that the five-day event features stalls from both Nepali and foreign furniture producers.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The organizers informed that the main attractions of the expo include furniture for kitchen, bedroom, and bathroom, as well as outdoor furniture, interior designing, and carpets, marbles, and other furnishing materials.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">Additionally, curtains, mattresses, décor items, home décor, office furniture, home appliances, machinery, and Vaastu-related products are also being displayed in the exhibition.</span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif">The expo will conclude on September 15. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"> </span></span></p> ', 'published' => true, 'created' => '2019-09-11', 'modified' => '2019-09-11', 'keywords' => '', 'description' => '', 'sortorder' => '11131', 'image' => '20190911012757_1568074911.jpg', 'article_date' => '2019-09-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '11380', 'article_category_id' => '1', 'title' => 'New Interconnection Guidelines to Reduce Telecom Charge', 'sub_title' => '', 'summary' => 'September 10: Nepal Telecommunication Authority has prepared a new set of directives related to interconnection between variosu service providers.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Nepal Telecommunication Authority has prepared a new set of directives related to interconnection between variosu service providers. The new guidelines will replace the Interconnection Guideline 2008.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NTA said the new guidelines have been introduced to regulate communication between two or more telecom service providers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A board meeting of the telecom regulatory body of Nepal had approved the guidelines last week. NTA is preparing to issue a public notice regarding the new guidelines in a few days for the convenience of the service seekers.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The guidelines have also fixed the new rate of inter-telecom calls. Director of NTA Min Prasad Aryal said that the new guidelines have fixed new tariffs for interconnection and international calls.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The new guidelines are expected to reduce the cost of such calls.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Our policy is to provide service to the customers at a reasonable rate. We will be gradually reducing the rate over a period of time,” said Aryal.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">According to the new guidelines, the cost of making a call from one company’s mobile phone to another company’s mobile has been fixed at 10 paisa. The earlier price was 54 paisa.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11130', 'image' => '20190910031119_Copy.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '11379', 'article_category_id' => '1', 'title' => 'Oli, Modi Jointly Inaugurate the first Trans-Border Petroleum Pipeline in South Asia', 'sub_title' => '', 'summary' => 'September 10: Prime Minister KP Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Motihari-Amlekhgunj Petroleum Pipeline on Tuesday afternoon through video conference.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">September 10: Prime Minister KP Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Motihari-Amlekhgunj Petroleum Pipeline on Tuesday afternoon through video conference.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">Oli and Modi pressed a button at their respective office to inaugurate the much-anticipated pipeline, which is the first trans-border petroleum pipeline in South Asia.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline which was successfully tested on July 18 has officially started receiving supply of petroleum product from India. In the first phase, the Indian Oil Corporation will supply diesel followed by petrol and kerosene.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">Nepal and India had agreed to construct the pipeline more than 15 years ago. Initially, the two governments had planned to construct the pipeline from Raxaul to Amlekhgunj. But after the IOC shifted its depot in Motihari, the pipeline was also constructed from Motihari to Amlekhgunj.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The two prime ministers had jointly inaugurated the construction of the pipeline two years ago by pressing a button from New Delhi during PM Oli’s India visit.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline built with an assistance of Rs 4.4 billion from the Indian government is 69 kilometers long. The pipeline measures 37 kilometers in the Nepali side and 32 towards the Indian side.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline can supply 200 kiloleters of petroleum product per hour, according to NOC. The state-owned oil monopoly can store 16,000 kiloleters of petrol in Amlekhgunj.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Calibri","sans-serif"">The pipeline is expected to significantly reduce leakage of petroleum products. It will save Rs 2 billion per year in transportation cost and also reduce traffic jam along the highway.</span></span></span></span></p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial","sans-serif""> </span></span></span></span><br /> </p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11129', 'image' => '20190910024650_20190906024332_1567731372.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '11378', 'article_category_id' => '1', 'title' => 'Nepal, China Sign Three Agreements during Wang’s Visit', 'sub_title' => '', 'summary' => 'September 10: Nepal and China have signed three agreements during Chinese Foreign Minister Wang Yi’s three-day state visit to Nepal. ', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Nepal and China have signed three agreements during Chinese Foreign Minister Wang Yi’s three-day state visit to Nepal. The signing of the MoUs took place in the presence of Foreign Minister Pradeep Gyawali and his Chinese counterpart on Monday.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">As per the agreement, China will build a hospital worth Rs 350 million in Manang, provide tents to 5000 earthquake victims and send Chinese volunteers to Nepal for teaching Chinese language.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The two foreign ministers held bilateral meeting before signing the agreements. During the meeting, Minister Gyawali and Wang discussed about the Belt and Road Initiative, trans-border electricity transmission line, Kerung-Rasuwagadhi Railway Project among other issues. However, the two countries have not reached any official understanding regarding these projects, said a source at the foreign ministry.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Wang also paid a courtesy call on President Bidya Devi Bhandari and Prime Minister K P Sharma Oli. He also held meetings with Nepali Congress President Sher Bahadur Deuba and NCP chairman Pushpa Kamal Dahal before wrapping his three-day visit on Tuesday.</span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11128', 'image' => '20190910023226_2 (1).jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '11377', 'article_category_id' => '1', 'title' => 'NOC to slash price of petroleum products', 'sub_title' => 'The decision coincides with the inauguration of Motihari-Amlekhgunj Petroleum Pipeline', 'summary' => 'September 10: Nepal Oil Corporation has decided to reduce the price of petroleum products by Rs 2 effective from today afternoon.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">September 10: Nepal Oil Corporation has decided to reduce the price of petroleum products by Rs 2 effective from today afternoon. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">NOC Managing Director Surendra Poudel made such announcement ahead of the inauguration of the much-awaited trans-boundary petroleum pipeline between Nepal and India in Amlekhgunj on Tuesday. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The 70 kilometer pipeline from India’s Motihari to Nepal’s Amlekhgunj is scheduled to be inaugurated jointly by the prime ministers of the two countries at 12.15 pm local time. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">India’s PM Narendra Modi and his Nepali counterpart KP Oli will press the buttons at their respective offices to launch the pipeline through video conference.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">The operation of the pipeline is expected to reduce the cost of transporting oil to Nepal as well as leakage. NOC estimates to save Rs 2 billion annually. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:11.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">As per the decision of NOC, petrol, diesel and kerosene will now cost Rs 2 less.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11127', 'image' => '20190910010620_1568097588.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '11374', 'article_category_id' => '1', 'title' => 'World Tourism Grows in First Half of 2019: UN', 'sub_title' => '', 'summary' => 'September 10: The number of travelers increased globally in the first six months of 2019 driven by "a strong economy, affordable air travel, increased air connectivity and enhanced visa facilitation,” according to a news report published by AFP.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">September 10: The number of travelers increased globally in the first six months of 2019 driven by "a strong economy, affordable air travel, increased air connectivity and enhanced visa facilitation,” according to a news report published by AFP.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">AFP said that the UN World Tourism Organisation issued a statement on Monday stating that international tourist arrivals rose by 4 percent in Europe and 6 percent in Asia in the first half of 2019, but trade tensions and Brexit uncertainty could hinder growth.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Worldwide destinations received 671 million foreign visitors between January and June, almost 30 million more than in the same period last year, the Madrid-based United Nations body said in the statement.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">It, however, warned that "prolonged uncertainty" about Britain's looming exit from the European Union, weaker economic indicators and global trade tensions "have started to take a toll on business and consumer confidence," reported AFP.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">The Middle East and Asia posted the biggest tourism growth.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">The Middle East saw an 8.0 percent rise in international visitors, due in part to an increase in demand during the Muslim holy month of Ramadan, which this year fell in May, as well as during the Eid al-Fitr religious holiday in June.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Tourist arrivals in Asia and the Pacific rose 6 percent, largely fuelled by outbound travel from China, the world's most populous country.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">But the agency warned that Chinese spending on international travel was four percent lower in real terms during the first quarter.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">"Trade tensions with the USA, as well as the slight depreciation of the yuan, may influence destination choice by Chinese travellers in the short term," AFP quoted the statement.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman",serif"><span style="font-size:16.5pt"><span style="font-family:"Georgia","serif"">Tourist arrivals overall in Europe, the world's most-visited region, grew four percent, fuelled mainly by intra-regional demand and a busy Easter holiday period.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11126', 'image' => '20190910120745_aaaa.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '11376', 'article_category_id' => '1', 'title' => 'Central Bank asks BFIs to Upgrade Cyber Security', 'sub_title' => '', 'summary' => 'September 10: Two weeks after the hacking of ATMs by Chinese nationals, Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal has directed the CEOs of banks and financial institutions (BFIs) to make cyber security of their respective banks more effective.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Two weeks after the hacking of ATMs by Chinese nationals, Nepal Rastra Bank’s Governor Dr Chiranjivi Nepal has directed the CEOs of banks and financial institutions (BFIs) to make cyber security of their respective banks more effective.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Governor Nepal suggested the BFIs to remain alert from such activities and also told them to ensure cyber security by using sophisticated technology.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">During a meeting of NRB officials and the CEOs of different banks, the central bank urged all the banks to use chip-based cards, bring uniformity in the use of cards and increase surveillance in ATM booths.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">NRB’s spokerperson Laxmi Prapanna Niraula said that the central bank has reached to a conclusion that the commercial banks must now increase their investment in cyber security.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“The BFIs should repeatedly check how effective are the system and software being used by them at present. If they are not up-to-date, the BFIs must upgrade the software,” Niraula quoted Governor Nepal as saying.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Niraula further said that the Government asked the BFIs to be alert as the security of banks might get compromised in the current situation. Therefore, he has urged the banks to invest more in ensuring cyber security, added Niraula.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11125', 'image' => '20190910125545_adsfadff.jpg', 'article_date' => '2019-09-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '11375', 'article_category_id' => '1', 'title' => 'Electricity-based Public Transport Back into Operation', 'sub_title' => '', 'summary' => 'September 10: Public transportation service backed by electricity has resurfaced in Kathmandu 18 years after the Trolley bus became dysfunctional.', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">September 10: Public transportation service backed by electricity has resurfaced in Kathmandu 18 years after the Trolley bus became dysfunctional. Sundar Yatayat, a private company, started operating four electric buses on the streets of Kathmandu from Monday, September 9.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Coincidently, these new buses are built in China, which had also manufactured the Trolley buses.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Inaugurating the bus service in the capital, Deputy Prime Minister and Defence Minister Ishwar Pokharel recognized this as the first-of-its-kind service in Nepal.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">“Although the electric bus is in initial phase, it has a long way to go,” he said, adding, “There might be lots of challenges ahead and the government is always ready to support,” he said.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Out of the seven buses purchased from China’s BAK company at a cost of Rs 115.5 million, four have been operating their services along the Narayanthan-Medicity route, Gongabu-Sallaghari route, Dhungedhara-Jorpaty route as well as around the ring road.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">So far, the government has not issued the ticket price of electric vehicles. However, Sundar Yatayat has claimed that it will operate its services by charging the customers 20 percent less than other public vehicles. The company will also introduce smart cards for cashless payment. The card can be purchased for Rs 215.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The company has said it will operate other three vehicles once it gets route permit.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The electric bus with a capacity to accommodate 30 to 40 people at a time runs 265 kilometers after charging the battery for 6 hours. The company has also installed charging stations at Sukedhara, Chabahil and Sitapaila.</span></span></p> ', 'published' => true, 'created' => '2019-09-10', 'modified' => '2019-09-10', 'keywords' => '', 'description' => '', 'sortorder' => '11124', 'image' => '20190910123556__MG_9540.JPG', 'article_date' => '2019-09-10 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
