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' => '10854',
			'article_category_id' => '1',
			'title' => 'Jomsom Airport to Remain Closed for 15 Days',
			'sub_title' => 'Tara Air to Discontinue Flights to Jomsom',
			'summary' => 'June 7: Jomsom Airport will remain closed for 15 days starting from Saturday, June 8. ',
			'content' => '<p>
	June 7: Jomsom Airport will remain closed for 15 days starting from Saturday, June 8. The Civil Aviation Authority of Nepal (CAAN) has decided to shut the airport for repair and maintenance.</p>
<p>
	Trilochan Poudel, deputy director at CAAN, informed New Business Age that they have finished leveling the ground around the runway but the blacktopping of the runway is yet to finish.</p>
<p>
	Due to the closure of the airport, private airlines have decided to discontinue flights to Jomsom.</p>
<p>
	Tara Air, a subsidiary of Yeti Airlines, will stop Pokhara-Jomsom flights from June 8 to 22. Yeti Airlines has issued a public notice informing that the flights to Jomsom will discontinue for some time.</p>
<p>
	Tara Air has been operating Pokhara-Jomsom flights with its 19-seater Dornier Do-228 and Twin Otter DHC 6-300/400. The company said it operates regular 10 flights per day in the route. Tara Air has been operating flights to mountainous and hilly regions. Jomsom is one of the 14 destinations of Tara Air.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-07',
			'modified' => '2019-06-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10604',
			'image' => '20190607123122_xw2K7-untitled-1.jpg',
			'article_date' => '2019-06-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '20'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '10852',
			'article_category_id' => '1',
			'title' => 'Investment in Human Capital can Help Propel Nepal to Middle Income Status',
			'sub_title' => 'Growth Projected to Average 6.5 Percent in the Medium Term',
			'summary' => '',
			'content' => '<p>
	June 6: Nepal has the potential to double its Gross Domestic Product (GDP) per capita in the long run if it achieves the benchmarks of complete education and full health, says the latest report of the World Bank unveiled during the second day of the Human Capital Forum held in Kathmandu on Thursday, June 6.</p>
<p>
	According to the World Bank&rsquo;s Nepal Development Update, investing in human resources could help propel Nepal toward its goal of middle-income country by increasing the productivity and competitiveness of labor, leading to accelerated inclusive growth.</p>
<p>
	The report presents a hopeful picture for Nepal in the FY2019/20. The country&rsquo;s economic growth is estimated to reach 7.1 percent, driven by the service and agriculture sectors, reads a press statement issued by the World Bank.</p>
<p>
	The statement says that the service sector is likely to grow by 7.5 percent due to a boost in the retail, hotel, and restaurant subsectors, driven by an increase in tourist arrivals and remittance-fueled private consumption. Likewise, good monsoon, increased commercialization, availability of fertilizers and seeds, and improved irrigation facilities have supported growth in the agriculture sector. The improved power availability from increased electricity generation is expected to support higher growth in industry.</p>
<p>
	&ldquo;Investing in people so that all citizens of Nepal are able to achieve full education and health to perform at their full potential will be critical, in order to sustain the recent high levels of growth and increase competitiveness,&rdquo; said Dr Kene Ezemenari, World Bank&rsquo;s senior economist and author of the report adding, &ldquo;This will require reducing inequities in access to services, improving the quality of services and minimizing household vulnerabilities to shocks.&rdquo;</p>
<p>
	The report notes that investing in people and building human capital are critical if Nepal is to accelerate its growth and rapidly reduce poverty. Human capital investments raise individual earnings potential, which in turn contributes to aggregate economic growth.</p>
<p>
	&ldquo;One additional year of schooling in Nepal can raise an individual&rsquo;s earnings by 8 to 10 percent. Undernutrition reduces learning potential and productivity and can reduce GDP by as much as 11 percent. Investing in psychosocial stimulation during a child&rsquo;s early years can raise his or her adult income by up to 25 percent,&rdquo; reads the statement.</p>
<p>
	The report highlights the need for more exports if Nepal is to sustain the recent high levels of economic growth. Over the medium term, the report projects GDP will grow at 6.5 percent on average, driven by private investment and consumption. Inflation is expected to pick up slightly but will remain below 5 percent during the forecast period assuming stable agricultural production, regular supply of electricity, and low inflation in India.</p>
<p>
	Similarly, Minister for Finance, Dr Yuba Raj Khatiwada also shared, &ldquo;Our utmost priority remains the development of our children and youth &ndash; we need to scope up and maintain sustainable investments in the younger generation to ensure they remain productive and competitive with the global workforce.&rdquo; He said that the government has initiated a number of reforms and policies to strengthen the investment and business environment and attract foreign investment. Dr Khatiwada also said, &ldquo;The recently released budget has also been carefully designed to ensure an enhancement of education, health and drinking water sectors and creation of job opportunities in the country to ensure people&rsquo;s fundamental rights.&rdquo;</p>
<p>
	&nbsp;</p>
<p align="left">
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10603',
			'image' => '20190606064316_1 (1).JPG',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '10850',
			'article_category_id' => '1',
			'title' => 'Limestone in Abundance, but lacks Market ',
			'sub_title' => '',
			'summary' => 'June 6: Data maintained by theDepartment of Mines and Geology shows that the limestone reserves of the country are spread across 7,000 square kilometers of land.',
			'content' => '<p>
	June 6: Data maintained by theDepartment of Mines and Geology shows that the limestone reserves of the country are spread across 7,000 square kilometers of land.</p>
<p>
	The department estimates that a total of 1.50 billion tons of limestone is in the reserves, while it has already ascertained the presence of 750 million tons of limestone in the country. Clinker &ndash; one of the major components of cement &ndash; is made from limestone.</p>
<p>
	Currently, majority of cement industries utilise clinker produced within the country. The department has given license to Hetauda Cement, Udayapur Cement, Cosmos Cement and Bhugarbha Cement to extract limestone from nine mines which were discovered recently.</p>
<p>
	Meanwhile, Dhurba Thapa, president at Nepal Cement Producers&rsquo; Association, said that investment in the clinker industries is under risk due to the lack of international market for the raw material produced in Nepal.</p>
<p>
	Likewise, Pashupati Murarka, promoter of Argakhachi Cement, said that the production of clinker within the country is overwhelming, but the supply is more than the demand. He further said that there should be further investment in the sector only if there is possibility of export from the country.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10602',
			'image' => '20190606033958_ImageForArticle_1236(1).jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '10851',
			'article_category_id' => '1',
			'title' => 'More than 100 billion allocated for National Pride Projects',
			'sub_title' => '',
			'summary' => 'June 6: The government of Nepal has allocated Rs 103.85 billion for National Pride Projects for the upcoming fiscal year 2019/20. ',
			'content' => '<p>
	June 6: The government of Nepal has allocated Rs 103.85 billion for National Pride Projects for the upcoming fiscal year 2019/20. The government had allocated Rs 92 billion for such big projects for the current fiscal year &nbsp;but has increased the budget for the new FY.</p>
<p>
	The budget will be invested for the construction of the 19 projects that have been included in national Pride Project list.</p>
<p>
	According to the Ministry of Finance, the government has allocated Rs 13.57 billion for the 1200 MW Budhigandaki Hydropower Project in the upcoming fiscal year which will be used for land acquisition. Likewise, Rs 1.49 billion has been allocated for Babai Irrigation Project.</p>
<p>
	Government had allocated Rs 1.49 billion for Sikta Irrigation Project in the current fiscal year which has been increased to Rs 1.52 billion. This project was almost ready but the main canal collapsed during testing phase last year.</p>
<p>
	Further, the government has set aside Rs 2.42 billion budget for Rani Jamara Kulariya Irrigation project. In the current fiscal year, government had separated Rs 6 billion for Bheri Babai Diversion Project which has now been decreased to Rs 4.20 billion for the coming fiscal year.</p>
<p>
	For Melamchi Water Supply Project, which came to a halt &nbsp;in the final phase, the government has allocated Rs 7.38 billion for the upcoming fiscal year. Likewise, for the Upper Tamakoshi Project, the government has separated Rs 1.85 billion in the upcoming fiscal year. The project is expected&nbsp; to be complete by December this year.</p>
<p>
	The government has allocated Rs 350 million and Rs 1 billion for Pashupati Area Development Trust and Lumbini Development Trust respectively. Likewise, Rs 3.33 billion has been separated for South Asia Tourism Infrastructure Development Project.</p>
<p>
	Similarly, Pokhara Regional Airport and Nijgad International Airport will be getting Rs 8 billion and Rs 1.50 billion respectively. The government has allocated Rs 12.19 billion for the completion of Puspalal Highway, and Rs 5 billion for the East-West Highway.</p>
<p>
	The Kathmandu-Tarai Fast Track will receive Rs 15 billion while the government has separated Rs 7.69 billion for train, monorail, and metro rail.</p>
<p>
	In the current fiscal year, only 34.5 percent of budget that was allocated for the National Pride Projects was spent showing disappointing progress in the projects.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10601',
			'image' => '20190606035628_20181228025423_aaaa 2.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '10849',
			'article_category_id' => '1',
			'title' => 'Surya Nepal’s Tax Dispute Drags on for 12 Years at Supreme Court',
			'sub_title' => '',
			'summary' => 'June 6: The tax dispute of Surya Nepal has remained sub judice at the Supreme Court for the last 12 years. ',
			'content' => '<p>
	June 6: The tax dispute of Surya Nepal has remained sub judice at the Supreme Court for the last 12 years. A case filed at the apex court on September 11, 2007 is still undecided as other disputes surfaced later on. Records at the SC show that a total of 12 disputes are under discussion at the court. The last of the tax-related disputes was filed on February 4, 2010.</p>
<p>
	Altogether 39 hearings were held for the case in the last 12 years but each of the time the court could not issue any verdict due to various reasons. Sometimes, the hearing was handed to justices who could not look into the case while at other times the justices could not issue any verdict due to lack of time.</p>
<p>
	During 19 instances, the justices could not issue any verdict due to lack of time while 17 times the justices could not look into the case. The hearing could not take place once while the SC issued a verdict only one time.</p>
<p>
	Surya Nepal was dragged into court by the Ministry of Finance and the Department of Revenue Investigation and the Large Taxpayers&rsquo; Office. It is said that the company owes millions of rupees in dues to the government.</p>
<p>
	&ldquo;It is quite surprising that that the Supreme Court has failed to issue the final verdict against Surya Nepal even in such a long period,&rdquo; said a court official on condition of anonymity.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10600',
			'image' => '20190606020124_aaaa.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '10848',
			'article_category_id' => '1',
			'title' => 'Rich Copper Mine of Myagdi Remains Unearthed for Decades',
			'sub_title' => '',
			'summary' => 'June 6: The local government of Malika Rural Municipality in western Myagdi is losing millions of rupees in revenue while the locals are deprived of job opportunities as the authorities concerned have failed to operate a highly rich copper mine in Bhirkhani of Okharbot in the rural municipality.',
			'content' => '<p>
	June 6: The local government of Malika Rural Municipality in western Myagdi is losing millions of rupees in revenue while the locals are deprived of job opportunities as the authorities concerned have failed to operate a highly rich copper mine in Bhirkhani of Okharbot in the rural municipality.</p>
<p>
	The copper mine used to be extracted regularly from 1961 to 1985 but the extraction came to a halt after than due to the hike in tax by the then government.</p>
<p>
	Before 1985, around 200 workers were employed at the mine. Every day, they used to extract around 20 kg of copper, according to chairman of Malika Rural Municipality ward-4 Dilip Sherchan, who was a village chieftan back during the Panchayat era.</p>
<p>
	Sherchan recalls that the copper extracted from the mine used to be sold for Rs 150 for 2.5 kg about three decades ago.</p>
<p>
	Sherchan further said that an examination of the mine by a team from India about five decades ago had revealed that there were possibilities of gold in the mine. Four years later, late king Birendra Shah had visited the mine and ordered to run the mine in a properly managed way.</p>
<p>
	The mine which was running smoothly until 1985 stopped operation after the government increased the tax. Failure to pay the tax, lack of technical experts and equipment resulted in the closure of the mine.</p>
<p>
	At that time, the current ward chair Sherchan had obtained the license to extract the metal.</p>
<p>
	According to 83-year-old Dil Prasad Ghartimagar, there are two sources of copper in the mine. Each of the areas where the copper is accumulated is around 300 square meters.</p>
<p>
	After being elected in the local polls of 2017, Sherchan took the recommendations from the local unit and requested the Department of Mines in Kathmandu for operating the mine but in vain. He says he made five futile attempts to reopen the mine but the Kathmandu-based government authority did not allow to do so.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10599',
			'image' => '20190606013911_tamakhani2.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '10847',
			'article_category_id' => '236',
			'title' => 'Royal Enfield’s Gunmetal Grey Classic Hits the Roads',
			'sub_title' => '',
			'summary' => 'June 6: Vivek Automobiles, the authorised distributor of Royal Enfield in Nepal and a subsidiary of MV Dugar Group, has launched the Gunmetal Grey Classic 350 cc BS IV bike of Royal Enfield in the Nepali market.',
			'content' => '<p>
	June 6: Vivek Automobiles, the authorised distributor of Royal Enfield in Nepal and a subsidiary of MV Dugar Group, has launched the Gunmetal Grey Classic 350 cc BS IV bike of Royal Enfield in the Nepali market.</p>
<p>
	According to the company, the new model comes with a sporty look, mat finish, and rear disc brake.</p>
<p>
	Some of the distinctive features of the Royal Enfield are its classic 350cc engine and headlight casing, fuel tank, dual disc brake, oval tool box, exhaust fins, speedometer dials, single seat spring, saddle tail light assembly and headlight cap, the company said in a statement</p>
<p>
	The recently added rear disc brake increases the safety of the motorcycle, added the statement.</p>
<p>
	The new model is available at all 19 outlets of Vivek Automobiles.</p>
<p>
	The introductory price of the bike has been fixed at Rs 515,000 for a limited period of time, the company added. &nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10598',
			'image' => '20190606011414_aaaaasdff.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '10846',
			'article_category_id' => '237',
			'title' => 'Samsung Launches Cashback Offer Targeting ICC Cricket World Cup',
			'sub_title' => '',
			'summary' => 'June 6: Adding excitement to the ICC Cricket World Cup 2019, Samsung Electronics, Nepal has launched a campaign named “Unbox Magic with Every Hit” offering cashbacks on Samsung TVs.',
			'content' => '<p>
	June 6: Adding excitement to the ICC Cricket World Cup 2019, Samsung Electronics, Nepal has launched a campaign named &ldquo;Unbox Magic with Every Hit&rdquo; offering cashbacks on Samsung TVs.</p>
<p>
	This scheme is aimed at cricket fans who want to support their favorite team on the big screen. The company said in a statement that the campaign offers &ldquo;huge cashback&rdquo; of up to 44 percent.&nbsp;</p>
<p>
	Along with the cashback, customers can also avail EMI facility from Samsung plazas in Kathmandu. The EMI is to be calculated on a 12 month basis, the statement added.</p>
<p>
	According to the company, it also provides two years&rsquo; warranty on the purchase of Samsung TVs which includes one year product warranty and one year extended warranty on panel only.</p>
<p>
	The offer&nbsp;is valid from June 1 to July 15 at all the&nbsp;Samsung plazas and authorized retailers across the country under the distributors &ndash; HIM Electronics and Triveni Byapar.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10597',
			'image' => '20190606125813_samsung.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '10845',
			'article_category_id' => '266',
			'title' => 'NMB Bank’s Environmental Drive',
			'sub_title' => '',
			'summary' => 'June 6: NMB Bank conducted a series of programmes across the country to mark the World Environment Day on Wednesday, June 5',
			'content' => '<p>
	June 6: NMB Bank conducted a series of programmes across the country to mark the World Environment Day on Wednesday, June 5</p>
<p>
	The bank said in a statement that it inaugurated a 50K grid solar rooftop system with net metering at its head office. The system is expected to cover 70 percent of electricity consumption at the bank&rsquo;s head office. The system was jointly inaugurated by the bank&rsquo;s CEO Sunil KC and Madhusudan Adhikari, executive director of Alternative Energy Promotion Center.</p>
<p>
	Likewise, the bank launched a new scheme for financing of bicycles on EMI basis through NMB VISA cards. The objective of the scheme is to encourage people to opt for bicycles as a mode of transport so as to help reduce carbon footprints and safeguard the environment, the statement added.</p>
<p>
	The bank also undertook plantation of 100 saplings in Kageshwari Manohara Municipality in Kathmandu. Tree plantations were actively organized in branches across the country in association with local bodies.</p>
<p>
	&lsquo;&ldquo;Our efforts will not remain limited to just one day, we will continue our environment drive hereafter too,&rdquo; reads the statement issued by the bank.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10596',
			'image' => '20190606123957_nmb.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '10844',
			'article_category_id' => '266',
			'title' => 'Coca-Cola Pledges Working Towards a World Without Waste',
			'sub_title' => '',
			'summary' => 'June 6: Coca-Cola Nepal, along with its sustainability partners, has come up with pledge for a ‘World without Waste’ on the occasion of the World Environment Day.',
			'content' => '<div>
	June 6: Coca-Cola Nepal, along with its sustainability partners, has come up with pledge for a &lsquo;World without Waste&rsquo; on the occasion of the World Environment Day.</div>
<div>
	&nbsp;</div>
<div>
	According to the company, the World Without Waste is Coca-Cola&rsquo;s commitment to collect and recycle the equivalent of 100 percent of the packaging it sells by 2030.</div>
<div>
	&nbsp;</div>
<div>
	To achieve this, the company said it will continue to focus on designing its packaging to be 100 percent recyclable, while partnering with local communities, NGOs, industries, and consumers to collect and recycle packaging.</div>
<div>
	&nbsp;</div>
<div>
	Coca-Cola Nepal, during a press conference held in the capita on June 5, highlighted the joint efforts of all the stakeholders involved to achieve its waste management efforts.</div>
<div>
	&nbsp;</div>
<div>
	Coca-Cola Nepal along with its bottling partner, Bottlers Nepal Limited, recently partnered with Nepal Army, central, provincial and local governments, Nepal Mountaineering Association and Sagarmatha Pollution Control Committee (SPCC) in the largest ever joint initiative made to retrieve discarded garbage from Mt Everest.</div>
<div>
	&nbsp;</div>
<div>
	The campaign organised with the theme &ldquo;Clean our Pride&rdquo; aims to preserve the sanctity of the world&rsquo;s highest mountain and keep it pristine.</div>
<div>
	&nbsp;</div>
<div>
	Talking about the Mt Everest Clean Up Campaign 2019, Danduraj Ghimire, director general at the Department of Tourism, shared, &ldquo;We are very thankful to Nepal Army, SPCC, Coca-Cola in Nepal and Bottlers Nepal Limited for supporting the Mt Everest Clean Up campaign. This campaign was the first and largest initiative to collect garbage from the world&rsquo;s highest mountain and I am pleased to share that it has been a grand success as per our expectation. We hope similar support from Coca-Cola in Nepal and others from the private sectors in the coming days.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10595',
			'image' => '20190606122140_coke.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '10843',
			'article_category_id' => '1',
			'title' => 'New Parking Bay at TIA Expected to Ease Air Traffic Congestion',
			'sub_title' => '',
			'summary' => 'June 6: A new remote parking bay has come in operation at the Tribhuvan International Airport (TIA) from June 4, Tuesday. ',
			'content' => '<p>
	June 6: A new remote parking bay has come in operation at the Tribhuvan International Airport (TIA) from June 4, Tuesday. Likewise, the airport will operate another bay currently under construction within the next four months.&nbsp; &nbsp;</p>
<p>
	Civil Aviation Authority of Nepal (CAAN) has invested Rs 1.06 billion from the Airport Development Fund (ADF) for constructing the two new remote parking bays at the airport. The newly built bay is located in the northern side of the airport while the under construction bay lies to the southern part. Both the bays are capable of accommodating both small and large-sized aircraft.</p>
<p>
	According to TIA officials, the construction of remote parking bays is a part of TIA expansion plan.&nbsp;</p>
<p>
	Raj Kumar Chhetri, managing director of TIA, informed New Business Age that Boeing 757 of Nepal Airlines Corporation is currently parked at the new bay.&nbsp;&nbsp;</p>
<p>
	The bay can accommodate two wide-body or three narrow-body aircraft at a time.</p>
<p>
	Rajan Pokhrel, managing director of CAAN, informed that the operation of both the remote parking bays will ease the parking space problem at TIA.</p>
<p>
	&ldquo;TIA currently has only nine parking bays for international flight operators which are usually packed. Due to the increasing flight traffic, many flights have to hover over the city most of the time. The operation of two new remote parking bays will help ease the air traffic congestion at the airport,&rdquo; Pokhrel added.&nbsp;</p>
<p>
	According to Chhetri, CAAN has invested Rs 470 million for constructing the bay situated in the north-eastern part of the airport. Likewise, Rs 590 as been projected to be spent for the construction of the other bay situated in the southern part of TIA.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10594',
			'image' => '20190606085517_airport photos_post photo pradeep kumar shrestha (2).JPG',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '10842',
			'article_category_id' => '1',
			'title' => ''Human Capital Development a Key to Economic Growth'',
			'sub_title' => '',
			'summary' => 'June 6: Finance Minister Yuba Raj Khatiwada has underscored the need of skilled and  educated human resources for sustainable economic growth and development of the country. ',
			'content' => '<p>
	June 6: Finance Minister Yuba Raj Khatiwada has underscored the need of skilled and &nbsp;educated human resources for sustainable economic growth and development of the country. Finance Minister Khatiwada made such remarks during the inaugural ceremony of Bhutan-Nepal Human Capital Forum that began in the capital on Wednesday, June 5.</p>
<p>
	The two-day conference organised by the World Bank is being participated by high-level delegates from Nepal and Bhutan to devise strategies for investing more and better on human capital.</p>
<p>
	Addressing the event, Finance Minister Khatiwada said, &ldquo;A country is comprised of the collective strength of its people. When they are highly educated, healthy, skilled, and motivated, a thriving workforce can drive the country&rsquo;s growth and development. The government has accordingly prioritized education, health and drinking water while allocating budget for the next fiscal year. We will continue to work with all stakeholders to invest in people and ensure the creation and empowerment of a globally competitive population for the 21<sup>st</sup> century.&rdquo;</p>
<p>
	Nepal scored 0.49 out of the maximum possible score of one, in the Human Capital Index released by the World Bank in October 2018. This means that a child born today in Nepal will be only 49 per cent as productive when he or she grows up, as he or she could be if he or she enjoyed complete education and full health.</p>
<p>
	&ldquo;Although Nepal secured the second spot among its South Asian peers and did better than average for its region, more than half the potential is yet to be realised. It still needs to invest effectively and efficiently on access to quality health services, nutrition, education, employment skills and others to realize its potential,&rdquo; the World Bank said in a press statement.</p>
<p>
	Bhutan&rsquo;s Finance Secretary Dasho Nim Dorji, who led the Bhutanese delegation to Nepal, expressed the importance of enhancing human capital. &ldquo;As one of the early adopters of the World Bank&rsquo;s Human Capital Project, Bhutan remains committed to improve the level and quality of investment in our people,&rdquo; he said, &ldquo;For us, reduction of inequality across the region and access to quality services has always been a high priority,&rdquo; he added.</p>
<p>
	Bhutan performs better than its neighbors in stunting rates, according to the World Bank report. &ldquo;However, one out of five Bhutanese remain stunted. While Bhutan&rsquo;s adult survival rate is relatively satisfactory, the country needs to invest more in health services and access,&rdquo; states the report.</p>
<p>
	Speaking on the occasion, Faris Hadad-Zervos, country manager of World Bank for Nepal, said, &ldquo;Investing in the early years is one of the smartest investments a country can make to break the cycle of poverty, address inequality, and boost productivity later in life. There is an urgent need to allocate resources for the physical, cognitive, and emotional development of children to ensure future productivity of individuals and increase economic competitiveness of nations.&rdquo;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10593',
			'image' => '20190606083855_2.JPG',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '20'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '10841',
			'article_category_id' => '1',
			'title' => 'Insurance Coverage for Lemon and Orange Farming',
			'sub_title' => '',
			'summary' => 'June 5: The Insurance Board of Nepal has prepared separate drafts of insurance coverage for lemon and orange farming. ',
			'content' => '<p>
	June 5: The Insurance Board of Nepal has prepared separate drafts of insurance coverage for lemon and orange farming. The drafts have been approved by the Board of Directors of IBN. Deputy Director of the board, Kundan Sapkota, informed New Business Age that the insurance coverage will come into effect once the board issues a circular to the insurance companies regarding this decision. He added that the farmers can now on purchase insurance policy for their products (fruits) as well as plants.</p>
<p>
	The insurance will cover the losses caused by fire, lightening, earthquakes, floods, accidents and loss due to pests and diseases.</p>
<p>
	Farmers can also avail accidental death insurance worth Rs 200,000 under this. However, the insurance will not cover casualties of war, encroachment, and loss of farming due to civil war. Likewise, loss due to the negligence of the farmer and their family will not be compensated.</p>
<p>
	The insurance amount will be determined on the basis of the number and price of plants (orange, lemon), production rate. The insurance amount should be certified by agriculture knowledge center of the district or government office related to agriculture.</p>
<p>
	The farmers will have to submit the 5 percent insurance premium of the insured amount. Similarly, Rs 100 should be paid yearly for accidental death insurance.</p>
<p>
	In order to avail the insurance coverage, the plants should have to be planted between May 29 to August 31. After a year of plantation, farmers will be able to claim the insurance. The insurance coverage will remain valid as long as the plants bear fruits.</p>
<p>
	To claim the insurance, farmers will have to inform the insurance company about the loss within 24 hours and they should make a formal approach to make the claim within a week.</p>
<p>
	According to the insurance policy, farmers can claim the insurance if the loss is more than five percent. The company will pay up to 90 percent of the actual damage.</p>
<p>
	<br />
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-05',
			'modified' => '2019-06-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10592',
			'image' => '20190605051816_20190220125347_aaa.jpg',
			'article_date' => '2019-06-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '10840',
			'article_category_id' => '1',
			'title' => 'Government Allocates Rs 40.73 Billion for Urban Development',
			'sub_title' => '',
			'summary' => 'June 5: The government has once again included the concept of “smart city” in the budget just like in the past.',
			'content' => '<p>
	June 5: The government has once again included the concept of &ldquo;smart city&rdquo; in the budget just like in the past. The proposal of developing smart cities was limited to slogan in the current fiscal year.</p>
<p>
	The government has allocated Rs 40.73 billion under the head of urban infrastructure for the upcoming fiscal year. The budget also mentions about conducting feasibility studies for developing mega cities and smart cities under the same head.</p>
<p>
	The Integrated Urban Infrastructure Development Master Plan introduced last year has got continuity even in the current FY.</p>
<p>
	The government will now conduct feasibility studies to develop fast growing cities like Kathmandu, Biratnagar, Itahari, Birgunj, Jitpur (Simara), Pokhara, Siddharthanagar, Kohalpur, Attariya into mega cities.</p>
<p>
	The budget also states that the government will prepare a master plan to develop all 185 municipalities across the country into well-managed cities.</p>
<p>
	The government has allocated Rs 1.98 billion to develop 27 modern cities in suitable places along the Mid-Hill Highway.</p>
<p>
	The budget has also mentioned of plans to properly managing the natural resources, river corridors, roads, transportation, sewage, garbage as well as heritage sites of the Kathmandu Valley in the upcoming fiscal year.</p>
<p>
	The government also plans to properly manage the footpaths of the capital city in order to reduce dust pollution.</p>
',
			'published' => true,
			'created' => '2019-06-05',
			'modified' => '2019-06-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10591',
			'image' => '20190605040539_aaa.jpeg',
			'article_date' => '2019-06-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '10839',
			'article_category_id' => '266',
			'title' => 'Qatar Airways Hosts a Fun Day for Children of Orphanages in Kathmandu ',
			'sub_title' => '',
			'summary' => 'June 5: Qatar Airways, in partnership with Qatar Charity, organised a fun-filled activity for 100 children from four orphanages in Kathmandu to mark the holy month of Ramadan and Eid.',
			'content' => '<p>
	June 5: Qatar Airways, in partnership with Qatar Charity, organised a fun-filled activity for 100 children from four orphanages in Kathmandu to mark the holy month of Ramadan and Eid.</p>
<p>
	According to Qatar Airways, the children were distributed gifts and also offered magic show, face painting, bouncy castles and games with prizes at Hotel Annapurna during the recent event.</p>
<p>
	The event was attended by children of Prayas Nepal, Underprivileged Children&rsquo;s Education Program (UCEP) Nepal, Maitreya Foundation Nepal and Shangrila Orphanage Home.</p>
<p>
	Qatar Airways Country Head for Nepal, Mohamed El Emam, said, &ldquo;We are greatly pleased to be able to bring a smile to these children with our CSR event as a part of Eid celebrations made by Qatar Airways. This initiative, conducted in partnership with Qatar Charity, is just one of the ways in which we demonstrate our commitment to giving back to the community of Nepal and we are truly grateful to have made a difference to the children from these orphanages.&rdquo;</p>
<p>
	The airline company said that Corporate Social Responsibility is an important part of Qatar Airways&rsquo; values. The airline is a supporter of the Educate A Child (EAC) programme, an initiative that provides educational opportunities to children without access to education due to constraints such as extreme poverty, cultural barriers and conflict-affected environments.</p>
<p>
	Qatar Airways is also the Official Airline Partner of Orbis, an organisation which works to prevent avoidable blindness in areas of need. Working with a global team of volunteers and the world&rsquo;s leading ophthalmic medical experts, Orbis runs long-term programmes in 18 countries, including India, Bangladesh, Ethiopia and Zambia, among others.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-05',
			'modified' => '2019-06-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10590',
			'image' => '20190605034331_qatar (1).jpg',
			'article_date' => '2019-06-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	)
)
$current_user = null
$logged_in = false
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

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 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' => '10854',
			'article_category_id' => '1',
			'title' => 'Jomsom Airport to Remain Closed for 15 Days',
			'sub_title' => 'Tara Air to Discontinue Flights to Jomsom',
			'summary' => 'June 7: Jomsom Airport will remain closed for 15 days starting from Saturday, June 8. ',
			'content' => '<p>
	June 7: Jomsom Airport will remain closed for 15 days starting from Saturday, June 8. The Civil Aviation Authority of Nepal (CAAN) has decided to shut the airport for repair and maintenance.</p>
<p>
	Trilochan Poudel, deputy director at CAAN, informed New Business Age that they have finished leveling the ground around the runway but the blacktopping of the runway is yet to finish.</p>
<p>
	Due to the closure of the airport, private airlines have decided to discontinue flights to Jomsom.</p>
<p>
	Tara Air, a subsidiary of Yeti Airlines, will stop Pokhara-Jomsom flights from June 8 to 22. Yeti Airlines has issued a public notice informing that the flights to Jomsom will discontinue for some time.</p>
<p>
	Tara Air has been operating Pokhara-Jomsom flights with its 19-seater Dornier Do-228 and Twin Otter DHC 6-300/400. The company said it operates regular 10 flights per day in the route. Tara Air has been operating flights to mountainous and hilly regions. Jomsom is one of the 14 destinations of Tara Air.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-07',
			'modified' => '2019-06-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10604',
			'image' => '20190607123122_xw2K7-untitled-1.jpg',
			'article_date' => '2019-06-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '20'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '10852',
			'article_category_id' => '1',
			'title' => 'Investment in Human Capital can Help Propel Nepal to Middle Income Status',
			'sub_title' => 'Growth Projected to Average 6.5 Percent in the Medium Term',
			'summary' => '',
			'content' => '<p>
	June 6: Nepal has the potential to double its Gross Domestic Product (GDP) per capita in the long run if it achieves the benchmarks of complete education and full health, says the latest report of the World Bank unveiled during the second day of the Human Capital Forum held in Kathmandu on Thursday, June 6.</p>
<p>
	According to the World Bank&rsquo;s Nepal Development Update, investing in human resources could help propel Nepal toward its goal of middle-income country by increasing the productivity and competitiveness of labor, leading to accelerated inclusive growth.</p>
<p>
	The report presents a hopeful picture for Nepal in the FY2019/20. The country&rsquo;s economic growth is estimated to reach 7.1 percent, driven by the service and agriculture sectors, reads a press statement issued by the World Bank.</p>
<p>
	The statement says that the service sector is likely to grow by 7.5 percent due to a boost in the retail, hotel, and restaurant subsectors, driven by an increase in tourist arrivals and remittance-fueled private consumption. Likewise, good monsoon, increased commercialization, availability of fertilizers and seeds, and improved irrigation facilities have supported growth in the agriculture sector. The improved power availability from increased electricity generation is expected to support higher growth in industry.</p>
<p>
	&ldquo;Investing in people so that all citizens of Nepal are able to achieve full education and health to perform at their full potential will be critical, in order to sustain the recent high levels of growth and increase competitiveness,&rdquo; said Dr Kene Ezemenari, World Bank&rsquo;s senior economist and author of the report adding, &ldquo;This will require reducing inequities in access to services, improving the quality of services and minimizing household vulnerabilities to shocks.&rdquo;</p>
<p>
	The report notes that investing in people and building human capital are critical if Nepal is to accelerate its growth and rapidly reduce poverty. Human capital investments raise individual earnings potential, which in turn contributes to aggregate economic growth.</p>
<p>
	&ldquo;One additional year of schooling in Nepal can raise an individual&rsquo;s earnings by 8 to 10 percent. Undernutrition reduces learning potential and productivity and can reduce GDP by as much as 11 percent. Investing in psychosocial stimulation during a child&rsquo;s early years can raise his or her adult income by up to 25 percent,&rdquo; reads the statement.</p>
<p>
	The report highlights the need for more exports if Nepal is to sustain the recent high levels of economic growth. Over the medium term, the report projects GDP will grow at 6.5 percent on average, driven by private investment and consumption. Inflation is expected to pick up slightly but will remain below 5 percent during the forecast period assuming stable agricultural production, regular supply of electricity, and low inflation in India.</p>
<p>
	Similarly, Minister for Finance, Dr Yuba Raj Khatiwada also shared, &ldquo;Our utmost priority remains the development of our children and youth &ndash; we need to scope up and maintain sustainable investments in the younger generation to ensure they remain productive and competitive with the global workforce.&rdquo; He said that the government has initiated a number of reforms and policies to strengthen the investment and business environment and attract foreign investment. Dr Khatiwada also said, &ldquo;The recently released budget has also been carefully designed to ensure an enhancement of education, health and drinking water sectors and creation of job opportunities in the country to ensure people&rsquo;s fundamental rights.&rdquo;</p>
<p>
	&nbsp;</p>
<p align="left">
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10603',
			'image' => '20190606064316_1 (1).JPG',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '10850',
			'article_category_id' => '1',
			'title' => 'Limestone in Abundance, but lacks Market ',
			'sub_title' => '',
			'summary' => 'June 6: Data maintained by theDepartment of Mines and Geology shows that the limestone reserves of the country are spread across 7,000 square kilometers of land.',
			'content' => '<p>
	June 6: Data maintained by theDepartment of Mines and Geology shows that the limestone reserves of the country are spread across 7,000 square kilometers of land.</p>
<p>
	The department estimates that a total of 1.50 billion tons of limestone is in the reserves, while it has already ascertained the presence of 750 million tons of limestone in the country. Clinker &ndash; one of the major components of cement &ndash; is made from limestone.</p>
<p>
	Currently, majority of cement industries utilise clinker produced within the country. The department has given license to Hetauda Cement, Udayapur Cement, Cosmos Cement and Bhugarbha Cement to extract limestone from nine mines which were discovered recently.</p>
<p>
	Meanwhile, Dhurba Thapa, president at Nepal Cement Producers&rsquo; Association, said that investment in the clinker industries is under risk due to the lack of international market for the raw material produced in Nepal.</p>
<p>
	Likewise, Pashupati Murarka, promoter of Argakhachi Cement, said that the production of clinker within the country is overwhelming, but the supply is more than the demand. He further said that there should be further investment in the sector only if there is possibility of export from the country.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10602',
			'image' => '20190606033958_ImageForArticle_1236(1).jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '10851',
			'article_category_id' => '1',
			'title' => 'More than 100 billion allocated for National Pride Projects',
			'sub_title' => '',
			'summary' => 'June 6: The government of Nepal has allocated Rs 103.85 billion for National Pride Projects for the upcoming fiscal year 2019/20. ',
			'content' => '<p>
	June 6: The government of Nepal has allocated Rs 103.85 billion for National Pride Projects for the upcoming fiscal year 2019/20. The government had allocated Rs 92 billion for such big projects for the current fiscal year &nbsp;but has increased the budget for the new FY.</p>
<p>
	The budget will be invested for the construction of the 19 projects that have been included in national Pride Project list.</p>
<p>
	According to the Ministry of Finance, the government has allocated Rs 13.57 billion for the 1200 MW Budhigandaki Hydropower Project in the upcoming fiscal year which will be used for land acquisition. Likewise, Rs 1.49 billion has been allocated for Babai Irrigation Project.</p>
<p>
	Government had allocated Rs 1.49 billion for Sikta Irrigation Project in the current fiscal year which has been increased to Rs 1.52 billion. This project was almost ready but the main canal collapsed during testing phase last year.</p>
<p>
	Further, the government has set aside Rs 2.42 billion budget for Rani Jamara Kulariya Irrigation project. In the current fiscal year, government had separated Rs 6 billion for Bheri Babai Diversion Project which has now been decreased to Rs 4.20 billion for the coming fiscal year.</p>
<p>
	For Melamchi Water Supply Project, which came to a halt &nbsp;in the final phase, the government has allocated Rs 7.38 billion for the upcoming fiscal year. Likewise, for the Upper Tamakoshi Project, the government has separated Rs 1.85 billion in the upcoming fiscal year. The project is expected&nbsp; to be complete by December this year.</p>
<p>
	The government has allocated Rs 350 million and Rs 1 billion for Pashupati Area Development Trust and Lumbini Development Trust respectively. Likewise, Rs 3.33 billion has been separated for South Asia Tourism Infrastructure Development Project.</p>
<p>
	Similarly, Pokhara Regional Airport and Nijgad International Airport will be getting Rs 8 billion and Rs 1.50 billion respectively. The government has allocated Rs 12.19 billion for the completion of Puspalal Highway, and Rs 5 billion for the East-West Highway.</p>
<p>
	The Kathmandu-Tarai Fast Track will receive Rs 15 billion while the government has separated Rs 7.69 billion for train, monorail, and metro rail.</p>
<p>
	In the current fiscal year, only 34.5 percent of budget that was allocated for the National Pride Projects was spent showing disappointing progress in the projects.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10601',
			'image' => '20190606035628_20181228025423_aaaa 2.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '10849',
			'article_category_id' => '1',
			'title' => 'Surya Nepal’s Tax Dispute Drags on for 12 Years at Supreme Court',
			'sub_title' => '',
			'summary' => 'June 6: The tax dispute of Surya Nepal has remained sub judice at the Supreme Court for the last 12 years. ',
			'content' => '<p>
	June 6: The tax dispute of Surya Nepal has remained sub judice at the Supreme Court for the last 12 years. A case filed at the apex court on September 11, 2007 is still undecided as other disputes surfaced later on. Records at the SC show that a total of 12 disputes are under discussion at the court. The last of the tax-related disputes was filed on February 4, 2010.</p>
<p>
	Altogether 39 hearings were held for the case in the last 12 years but each of the time the court could not issue any verdict due to various reasons. Sometimes, the hearing was handed to justices who could not look into the case while at other times the justices could not issue any verdict due to lack of time.</p>
<p>
	During 19 instances, the justices could not issue any verdict due to lack of time while 17 times the justices could not look into the case. The hearing could not take place once while the SC issued a verdict only one time.</p>
<p>
	Surya Nepal was dragged into court by the Ministry of Finance and the Department of Revenue Investigation and the Large Taxpayers&rsquo; Office. It is said that the company owes millions of rupees in dues to the government.</p>
<p>
	&ldquo;It is quite surprising that that the Supreme Court has failed to issue the final verdict against Surya Nepal even in such a long period,&rdquo; said a court official on condition of anonymity.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10600',
			'image' => '20190606020124_aaaa.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '10848',
			'article_category_id' => '1',
			'title' => 'Rich Copper Mine of Myagdi Remains Unearthed for Decades',
			'sub_title' => '',
			'summary' => 'June 6: The local government of Malika Rural Municipality in western Myagdi is losing millions of rupees in revenue while the locals are deprived of job opportunities as the authorities concerned have failed to operate a highly rich copper mine in Bhirkhani of Okharbot in the rural municipality.',
			'content' => '<p>
	June 6: The local government of Malika Rural Municipality in western Myagdi is losing millions of rupees in revenue while the locals are deprived of job opportunities as the authorities concerned have failed to operate a highly rich copper mine in Bhirkhani of Okharbot in the rural municipality.</p>
<p>
	The copper mine used to be extracted regularly from 1961 to 1985 but the extraction came to a halt after than due to the hike in tax by the then government.</p>
<p>
	Before 1985, around 200 workers were employed at the mine. Every day, they used to extract around 20 kg of copper, according to chairman of Malika Rural Municipality ward-4 Dilip Sherchan, who was a village chieftan back during the Panchayat era.</p>
<p>
	Sherchan recalls that the copper extracted from the mine used to be sold for Rs 150 for 2.5 kg about three decades ago.</p>
<p>
	Sherchan further said that an examination of the mine by a team from India about five decades ago had revealed that there were possibilities of gold in the mine. Four years later, late king Birendra Shah had visited the mine and ordered to run the mine in a properly managed way.</p>
<p>
	The mine which was running smoothly until 1985 stopped operation after the government increased the tax. Failure to pay the tax, lack of technical experts and equipment resulted in the closure of the mine.</p>
<p>
	At that time, the current ward chair Sherchan had obtained the license to extract the metal.</p>
<p>
	According to 83-year-old Dil Prasad Ghartimagar, there are two sources of copper in the mine. Each of the areas where the copper is accumulated is around 300 square meters.</p>
<p>
	After being elected in the local polls of 2017, Sherchan took the recommendations from the local unit and requested the Department of Mines in Kathmandu for operating the mine but in vain. He says he made five futile attempts to reopen the mine but the Kathmandu-based government authority did not allow to do so.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10599',
			'image' => '20190606013911_tamakhani2.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '10847',
			'article_category_id' => '236',
			'title' => 'Royal Enfield’s Gunmetal Grey Classic Hits the Roads',
			'sub_title' => '',
			'summary' => 'June 6: Vivek Automobiles, the authorised distributor of Royal Enfield in Nepal and a subsidiary of MV Dugar Group, has launched the Gunmetal Grey Classic 350 cc BS IV bike of Royal Enfield in the Nepali market.',
			'content' => '<p>
	June 6: Vivek Automobiles, the authorised distributor of Royal Enfield in Nepal and a subsidiary of MV Dugar Group, has launched the Gunmetal Grey Classic 350 cc BS IV bike of Royal Enfield in the Nepali market.</p>
<p>
	According to the company, the new model comes with a sporty look, mat finish, and rear disc brake.</p>
<p>
	Some of the distinctive features of the Royal Enfield are its classic 350cc engine and headlight casing, fuel tank, dual disc brake, oval tool box, exhaust fins, speedometer dials, single seat spring, saddle tail light assembly and headlight cap, the company said in a statement</p>
<p>
	The recently added rear disc brake increases the safety of the motorcycle, added the statement.</p>
<p>
	The new model is available at all 19 outlets of Vivek Automobiles.</p>
<p>
	The introductory price of the bike has been fixed at Rs 515,000 for a limited period of time, the company added. &nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10598',
			'image' => '20190606011414_aaaaasdff.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '10846',
			'article_category_id' => '237',
			'title' => 'Samsung Launches Cashback Offer Targeting ICC Cricket World Cup',
			'sub_title' => '',
			'summary' => 'June 6: Adding excitement to the ICC Cricket World Cup 2019, Samsung Electronics, Nepal has launched a campaign named “Unbox Magic with Every Hit” offering cashbacks on Samsung TVs.',
			'content' => '<p>
	June 6: Adding excitement to the ICC Cricket World Cup 2019, Samsung Electronics, Nepal has launched a campaign named &ldquo;Unbox Magic with Every Hit&rdquo; offering cashbacks on Samsung TVs.</p>
<p>
	This scheme is aimed at cricket fans who want to support their favorite team on the big screen. The company said in a statement that the campaign offers &ldquo;huge cashback&rdquo; of up to 44 percent.&nbsp;</p>
<p>
	Along with the cashback, customers can also avail EMI facility from Samsung plazas in Kathmandu. The EMI is to be calculated on a 12 month basis, the statement added.</p>
<p>
	According to the company, it also provides two years&rsquo; warranty on the purchase of Samsung TVs which includes one year product warranty and one year extended warranty on panel only.</p>
<p>
	The offer&nbsp;is valid from June 1 to July 15 at all the&nbsp;Samsung plazas and authorized retailers across the country under the distributors &ndash; HIM Electronics and Triveni Byapar.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10597',
			'image' => '20190606125813_samsung.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '10845',
			'article_category_id' => '266',
			'title' => 'NMB Bank’s Environmental Drive',
			'sub_title' => '',
			'summary' => 'June 6: NMB Bank conducted a series of programmes across the country to mark the World Environment Day on Wednesday, June 5',
			'content' => '<p>
	June 6: NMB Bank conducted a series of programmes across the country to mark the World Environment Day on Wednesday, June 5</p>
<p>
	The bank said in a statement that it inaugurated a 50K grid solar rooftop system with net metering at its head office. The system is expected to cover 70 percent of electricity consumption at the bank&rsquo;s head office. The system was jointly inaugurated by the bank&rsquo;s CEO Sunil KC and Madhusudan Adhikari, executive director of Alternative Energy Promotion Center.</p>
<p>
	Likewise, the bank launched a new scheme for financing of bicycles on EMI basis through NMB VISA cards. The objective of the scheme is to encourage people to opt for bicycles as a mode of transport so as to help reduce carbon footprints and safeguard the environment, the statement added.</p>
<p>
	The bank also undertook plantation of 100 saplings in Kageshwari Manohara Municipality in Kathmandu. Tree plantations were actively organized in branches across the country in association with local bodies.</p>
<p>
	&lsquo;&ldquo;Our efforts will not remain limited to just one day, we will continue our environment drive hereafter too,&rdquo; reads the statement issued by the bank.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10596',
			'image' => '20190606123957_nmb.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '10844',
			'article_category_id' => '266',
			'title' => 'Coca-Cola Pledges Working Towards a World Without Waste',
			'sub_title' => '',
			'summary' => 'June 6: Coca-Cola Nepal, along with its sustainability partners, has come up with pledge for a ‘World without Waste’ on the occasion of the World Environment Day.',
			'content' => '<div>
	June 6: Coca-Cola Nepal, along with its sustainability partners, has come up with pledge for a &lsquo;World without Waste&rsquo; on the occasion of the World Environment Day.</div>
<div>
	&nbsp;</div>
<div>
	According to the company, the World Without Waste is Coca-Cola&rsquo;s commitment to collect and recycle the equivalent of 100 percent of the packaging it sells by 2030.</div>
<div>
	&nbsp;</div>
<div>
	To achieve this, the company said it will continue to focus on designing its packaging to be 100 percent recyclable, while partnering with local communities, NGOs, industries, and consumers to collect and recycle packaging.</div>
<div>
	&nbsp;</div>
<div>
	Coca-Cola Nepal, during a press conference held in the capita on June 5, highlighted the joint efforts of all the stakeholders involved to achieve its waste management efforts.</div>
<div>
	&nbsp;</div>
<div>
	Coca-Cola Nepal along with its bottling partner, Bottlers Nepal Limited, recently partnered with Nepal Army, central, provincial and local governments, Nepal Mountaineering Association and Sagarmatha Pollution Control Committee (SPCC) in the largest ever joint initiative made to retrieve discarded garbage from Mt Everest.</div>
<div>
	&nbsp;</div>
<div>
	The campaign organised with the theme &ldquo;Clean our Pride&rdquo; aims to preserve the sanctity of the world&rsquo;s highest mountain and keep it pristine.</div>
<div>
	&nbsp;</div>
<div>
	Talking about the Mt Everest Clean Up Campaign 2019, Danduraj Ghimire, director general at the Department of Tourism, shared, &ldquo;We are very thankful to Nepal Army, SPCC, Coca-Cola in Nepal and Bottlers Nepal Limited for supporting the Mt Everest Clean Up campaign. This campaign was the first and largest initiative to collect garbage from the world&rsquo;s highest mountain and I am pleased to share that it has been a grand success as per our expectation. We hope similar support from Coca-Cola in Nepal and others from the private sectors in the coming days.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10595',
			'image' => '20190606122140_coke.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '10843',
			'article_category_id' => '1',
			'title' => 'New Parking Bay at TIA Expected to Ease Air Traffic Congestion',
			'sub_title' => '',
			'summary' => 'June 6: A new remote parking bay has come in operation at the Tribhuvan International Airport (TIA) from June 4, Tuesday. ',
			'content' => '<p>
	June 6: A new remote parking bay has come in operation at the Tribhuvan International Airport (TIA) from June 4, Tuesday. Likewise, the airport will operate another bay currently under construction within the next four months.&nbsp; &nbsp;</p>
<p>
	Civil Aviation Authority of Nepal (CAAN) has invested Rs 1.06 billion from the Airport Development Fund (ADF) for constructing the two new remote parking bays at the airport. The newly built bay is located in the northern side of the airport while the under construction bay lies to the southern part. Both the bays are capable of accommodating both small and large-sized aircraft.</p>
<p>
	According to TIA officials, the construction of remote parking bays is a part of TIA expansion plan.&nbsp;</p>
<p>
	Raj Kumar Chhetri, managing director of TIA, informed New Business Age that Boeing 757 of Nepal Airlines Corporation is currently parked at the new bay.&nbsp;&nbsp;</p>
<p>
	The bay can accommodate two wide-body or three narrow-body aircraft at a time.</p>
<p>
	Rajan Pokhrel, managing director of CAAN, informed that the operation of both the remote parking bays will ease the parking space problem at TIA.</p>
<p>
	&ldquo;TIA currently has only nine parking bays for international flight operators which are usually packed. Due to the increasing flight traffic, many flights have to hover over the city most of the time. The operation of two new remote parking bays will help ease the air traffic congestion at the airport,&rdquo; Pokhrel added.&nbsp;</p>
<p>
	According to Chhetri, CAAN has invested Rs 470 million for constructing the bay situated in the north-eastern part of the airport. Likewise, Rs 590 as been projected to be spent for the construction of the other bay situated in the southern part of TIA.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10594',
			'image' => '20190606085517_airport photos_post photo pradeep kumar shrestha (2).JPG',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '10842',
			'article_category_id' => '1',
			'title' => ''Human Capital Development a Key to Economic Growth'',
			'sub_title' => '',
			'summary' => 'June 6: Finance Minister Yuba Raj Khatiwada has underscored the need of skilled and  educated human resources for sustainable economic growth and development of the country. ',
			'content' => '<p>
	June 6: Finance Minister Yuba Raj Khatiwada has underscored the need of skilled and &nbsp;educated human resources for sustainable economic growth and development of the country. Finance Minister Khatiwada made such remarks during the inaugural ceremony of Bhutan-Nepal Human Capital Forum that began in the capital on Wednesday, June 5.</p>
<p>
	The two-day conference organised by the World Bank is being participated by high-level delegates from Nepal and Bhutan to devise strategies for investing more and better on human capital.</p>
<p>
	Addressing the event, Finance Minister Khatiwada said, &ldquo;A country is comprised of the collective strength of its people. When they are highly educated, healthy, skilled, and motivated, a thriving workforce can drive the country&rsquo;s growth and development. The government has accordingly prioritized education, health and drinking water while allocating budget for the next fiscal year. We will continue to work with all stakeholders to invest in people and ensure the creation and empowerment of a globally competitive population for the 21<sup>st</sup> century.&rdquo;</p>
<p>
	Nepal scored 0.49 out of the maximum possible score of one, in the Human Capital Index released by the World Bank in October 2018. This means that a child born today in Nepal will be only 49 per cent as productive when he or she grows up, as he or she could be if he or she enjoyed complete education and full health.</p>
<p>
	&ldquo;Although Nepal secured the second spot among its South Asian peers and did better than average for its region, more than half the potential is yet to be realised. It still needs to invest effectively and efficiently on access to quality health services, nutrition, education, employment skills and others to realize its potential,&rdquo; the World Bank said in a press statement.</p>
<p>
	Bhutan&rsquo;s Finance Secretary Dasho Nim Dorji, who led the Bhutanese delegation to Nepal, expressed the importance of enhancing human capital. &ldquo;As one of the early adopters of the World Bank&rsquo;s Human Capital Project, Bhutan remains committed to improve the level and quality of investment in our people,&rdquo; he said, &ldquo;For us, reduction of inequality across the region and access to quality services has always been a high priority,&rdquo; he added.</p>
<p>
	Bhutan performs better than its neighbors in stunting rates, according to the World Bank report. &ldquo;However, one out of five Bhutanese remain stunted. While Bhutan&rsquo;s adult survival rate is relatively satisfactory, the country needs to invest more in health services and access,&rdquo; states the report.</p>
<p>
	Speaking on the occasion, Faris Hadad-Zervos, country manager of World Bank for Nepal, said, &ldquo;Investing in the early years is one of the smartest investments a country can make to break the cycle of poverty, address inequality, and boost productivity later in life. There is an urgent need to allocate resources for the physical, cognitive, and emotional development of children to ensure future productivity of individuals and increase economic competitiveness of nations.&rdquo;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10593',
			'image' => '20190606083855_2.JPG',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '20'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '10841',
			'article_category_id' => '1',
			'title' => 'Insurance Coverage for Lemon and Orange Farming',
			'sub_title' => '',
			'summary' => 'June 5: The Insurance Board of Nepal has prepared separate drafts of insurance coverage for lemon and orange farming. ',
			'content' => '<p>
	June 5: The Insurance Board of Nepal has prepared separate drafts of insurance coverage for lemon and orange farming. The drafts have been approved by the Board of Directors of IBN. Deputy Director of the board, Kundan Sapkota, informed New Business Age that the insurance coverage will come into effect once the board issues a circular to the insurance companies regarding this decision. He added that the farmers can now on purchase insurance policy for their products (fruits) as well as plants.</p>
<p>
	The insurance will cover the losses caused by fire, lightening, earthquakes, floods, accidents and loss due to pests and diseases.</p>
<p>
	Farmers can also avail accidental death insurance worth Rs 200,000 under this. However, the insurance will not cover casualties of war, encroachment, and loss of farming due to civil war. Likewise, loss due to the negligence of the farmer and their family will not be compensated.</p>
<p>
	The insurance amount will be determined on the basis of the number and price of plants (orange, lemon), production rate. The insurance amount should be certified by agriculture knowledge center of the district or government office related to agriculture.</p>
<p>
	The farmers will have to submit the 5 percent insurance premium of the insured amount. Similarly, Rs 100 should be paid yearly for accidental death insurance.</p>
<p>
	In order to avail the insurance coverage, the plants should have to be planted between May 29 to August 31. After a year of plantation, farmers will be able to claim the insurance. The insurance coverage will remain valid as long as the plants bear fruits.</p>
<p>
	To claim the insurance, farmers will have to inform the insurance company about the loss within 24 hours and they should make a formal approach to make the claim within a week.</p>
<p>
	According to the insurance policy, farmers can claim the insurance if the loss is more than five percent. The company will pay up to 90 percent of the actual damage.</p>
<p>
	<br />
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-05',
			'modified' => '2019-06-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10592',
			'image' => '20190605051816_20190220125347_aaa.jpg',
			'article_date' => '2019-06-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '10840',
			'article_category_id' => '1',
			'title' => 'Government Allocates Rs 40.73 Billion for Urban Development',
			'sub_title' => '',
			'summary' => 'June 5: The government has once again included the concept of “smart city” in the budget just like in the past.',
			'content' => '<p>
	June 5: The government has once again included the concept of &ldquo;smart city&rdquo; in the budget just like in the past. The proposal of developing smart cities was limited to slogan in the current fiscal year.</p>
<p>
	The government has allocated Rs 40.73 billion under the head of urban infrastructure for the upcoming fiscal year. The budget also mentions about conducting feasibility studies for developing mega cities and smart cities under the same head.</p>
<p>
	The Integrated Urban Infrastructure Development Master Plan introduced last year has got continuity even in the current FY.</p>
<p>
	The government will now conduct feasibility studies to develop fast growing cities like Kathmandu, Biratnagar, Itahari, Birgunj, Jitpur (Simara), Pokhara, Siddharthanagar, Kohalpur, Attariya into mega cities.</p>
<p>
	The budget also states that the government will prepare a master plan to develop all 185 municipalities across the country into well-managed cities.</p>
<p>
	The government has allocated Rs 1.98 billion to develop 27 modern cities in suitable places along the Mid-Hill Highway.</p>
<p>
	The budget has also mentioned of plans to properly managing the natural resources, river corridors, roads, transportation, sewage, garbage as well as heritage sites of the Kathmandu Valley in the upcoming fiscal year.</p>
<p>
	The government also plans to properly manage the footpaths of the capital city in order to reduce dust pollution.</p>
',
			'published' => true,
			'created' => '2019-06-05',
			'modified' => '2019-06-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10591',
			'image' => '20190605040539_aaa.jpeg',
			'article_date' => '2019-06-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '10839',
			'article_category_id' => '266',
			'title' => 'Qatar Airways Hosts a Fun Day for Children of Orphanages in Kathmandu ',
			'sub_title' => '',
			'summary' => 'June 5: Qatar Airways, in partnership with Qatar Charity, organised a fun-filled activity for 100 children from four orphanages in Kathmandu to mark the holy month of Ramadan and Eid.',
			'content' => '<p>
	June 5: Qatar Airways, in partnership with Qatar Charity, organised a fun-filled activity for 100 children from four orphanages in Kathmandu to mark the holy month of Ramadan and Eid.</p>
<p>
	According to Qatar Airways, the children were distributed gifts and also offered magic show, face painting, bouncy castles and games with prizes at Hotel Annapurna during the recent event.</p>
<p>
	The event was attended by children of Prayas Nepal, Underprivileged Children&rsquo;s Education Program (UCEP) Nepal, Maitreya Foundation Nepal and Shangrila Orphanage Home.</p>
<p>
	Qatar Airways Country Head for Nepal, Mohamed El Emam, said, &ldquo;We are greatly pleased to be able to bring a smile to these children with our CSR event as a part of Eid celebrations made by Qatar Airways. This initiative, conducted in partnership with Qatar Charity, is just one of the ways in which we demonstrate our commitment to giving back to the community of Nepal and we are truly grateful to have made a difference to the children from these orphanages.&rdquo;</p>
<p>
	The airline company said that Corporate Social Responsibility is an important part of Qatar Airways&rsquo; values. The airline is a supporter of the Educate A Child (EAC) programme, an initiative that provides educational opportunities to children without access to education due to constraints such as extreme poverty, cultural barriers and conflict-affected environments.</p>
<p>
	Qatar Airways is also the Official Airline Partner of Orbis, an organisation which works to prevent avoidable blindness in areas of need. Working with a global team of volunteers and the world&rsquo;s leading ophthalmic medical experts, Orbis runs long-term programmes in 18 countries, including India, Bangladesh, Ethiopia and Zambia, among others.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-05',
			'modified' => '2019-06-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10590',
			'image' => '20190605034331_qatar (1).jpg',
			'article_date' => '2019-06-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	)
)
$current_user = null
$logged_in = false
simplexml_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' => '10854',
			'article_category_id' => '1',
			'title' => 'Jomsom Airport to Remain Closed for 15 Days',
			'sub_title' => 'Tara Air to Discontinue Flights to Jomsom',
			'summary' => 'June 7: Jomsom Airport will remain closed for 15 days starting from Saturday, June 8. ',
			'content' => '<p>
	June 7: Jomsom Airport will remain closed for 15 days starting from Saturday, June 8. The Civil Aviation Authority of Nepal (CAAN) has decided to shut the airport for repair and maintenance.</p>
<p>
	Trilochan Poudel, deputy director at CAAN, informed New Business Age that they have finished leveling the ground around the runway but the blacktopping of the runway is yet to finish.</p>
<p>
	Due to the closure of the airport, private airlines have decided to discontinue flights to Jomsom.</p>
<p>
	Tara Air, a subsidiary of Yeti Airlines, will stop Pokhara-Jomsom flights from June 8 to 22. Yeti Airlines has issued a public notice informing that the flights to Jomsom will discontinue for some time.</p>
<p>
	Tara Air has been operating Pokhara-Jomsom flights with its 19-seater Dornier Do-228 and Twin Otter DHC 6-300/400. The company said it operates regular 10 flights per day in the route. Tara Air has been operating flights to mountainous and hilly regions. Jomsom is one of the 14 destinations of Tara Air.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-07',
			'modified' => '2019-06-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10604',
			'image' => '20190607123122_xw2K7-untitled-1.jpg',
			'article_date' => '2019-06-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '20'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '10852',
			'article_category_id' => '1',
			'title' => 'Investment in Human Capital can Help Propel Nepal to Middle Income Status',
			'sub_title' => 'Growth Projected to Average 6.5 Percent in the Medium Term',
			'summary' => '',
			'content' => '<p>
	June 6: Nepal has the potential to double its Gross Domestic Product (GDP) per capita in the long run if it achieves the benchmarks of complete education and full health, says the latest report of the World Bank unveiled during the second day of the Human Capital Forum held in Kathmandu on Thursday, June 6.</p>
<p>
	According to the World Bank&rsquo;s Nepal Development Update, investing in human resources could help propel Nepal toward its goal of middle-income country by increasing the productivity and competitiveness of labor, leading to accelerated inclusive growth.</p>
<p>
	The report presents a hopeful picture for Nepal in the FY2019/20. The country&rsquo;s economic growth is estimated to reach 7.1 percent, driven by the service and agriculture sectors, reads a press statement issued by the World Bank.</p>
<p>
	The statement says that the service sector is likely to grow by 7.5 percent due to a boost in the retail, hotel, and restaurant subsectors, driven by an increase in tourist arrivals and remittance-fueled private consumption. Likewise, good monsoon, increased commercialization, availability of fertilizers and seeds, and improved irrigation facilities have supported growth in the agriculture sector. The improved power availability from increased electricity generation is expected to support higher growth in industry.</p>
<p>
	&ldquo;Investing in people so that all citizens of Nepal are able to achieve full education and health to perform at their full potential will be critical, in order to sustain the recent high levels of growth and increase competitiveness,&rdquo; said Dr Kene Ezemenari, World Bank&rsquo;s senior economist and author of the report adding, &ldquo;This will require reducing inequities in access to services, improving the quality of services and minimizing household vulnerabilities to shocks.&rdquo;</p>
<p>
	The report notes that investing in people and building human capital are critical if Nepal is to accelerate its growth and rapidly reduce poverty. Human capital investments raise individual earnings potential, which in turn contributes to aggregate economic growth.</p>
<p>
	&ldquo;One additional year of schooling in Nepal can raise an individual&rsquo;s earnings by 8 to 10 percent. Undernutrition reduces learning potential and productivity and can reduce GDP by as much as 11 percent. Investing in psychosocial stimulation during a child&rsquo;s early years can raise his or her adult income by up to 25 percent,&rdquo; reads the statement.</p>
<p>
	The report highlights the need for more exports if Nepal is to sustain the recent high levels of economic growth. Over the medium term, the report projects GDP will grow at 6.5 percent on average, driven by private investment and consumption. Inflation is expected to pick up slightly but will remain below 5 percent during the forecast period assuming stable agricultural production, regular supply of electricity, and low inflation in India.</p>
<p>
	Similarly, Minister for Finance, Dr Yuba Raj Khatiwada also shared, &ldquo;Our utmost priority remains the development of our children and youth &ndash; we need to scope up and maintain sustainable investments in the younger generation to ensure they remain productive and competitive with the global workforce.&rdquo; He said that the government has initiated a number of reforms and policies to strengthen the investment and business environment and attract foreign investment. Dr Khatiwada also said, &ldquo;The recently released budget has also been carefully designed to ensure an enhancement of education, health and drinking water sectors and creation of job opportunities in the country to ensure people&rsquo;s fundamental rights.&rdquo;</p>
<p>
	&nbsp;</p>
<p align="left">
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10603',
			'image' => '20190606064316_1 (1).JPG',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '10850',
			'article_category_id' => '1',
			'title' => 'Limestone in Abundance, but lacks Market ',
			'sub_title' => '',
			'summary' => 'June 6: Data maintained by theDepartment of Mines and Geology shows that the limestone reserves of the country are spread across 7,000 square kilometers of land.',
			'content' => '<p>
	June 6: Data maintained by theDepartment of Mines and Geology shows that the limestone reserves of the country are spread across 7,000 square kilometers of land.</p>
<p>
	The department estimates that a total of 1.50 billion tons of limestone is in the reserves, while it has already ascertained the presence of 750 million tons of limestone in the country. Clinker &ndash; one of the major components of cement &ndash; is made from limestone.</p>
<p>
	Currently, majority of cement industries utilise clinker produced within the country. The department has given license to Hetauda Cement, Udayapur Cement, Cosmos Cement and Bhugarbha Cement to extract limestone from nine mines which were discovered recently.</p>
<p>
	Meanwhile, Dhurba Thapa, president at Nepal Cement Producers&rsquo; Association, said that investment in the clinker industries is under risk due to the lack of international market for the raw material produced in Nepal.</p>
<p>
	Likewise, Pashupati Murarka, promoter of Argakhachi Cement, said that the production of clinker within the country is overwhelming, but the supply is more than the demand. He further said that there should be further investment in the sector only if there is possibility of export from the country.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10602',
			'image' => '20190606033958_ImageForArticle_1236(1).jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '10851',
			'article_category_id' => '1',
			'title' => 'More than 100 billion allocated for National Pride Projects',
			'sub_title' => '',
			'summary' => 'June 6: The government of Nepal has allocated Rs 103.85 billion for National Pride Projects for the upcoming fiscal year 2019/20. ',
			'content' => '<p>
	June 6: The government of Nepal has allocated Rs 103.85 billion for National Pride Projects for the upcoming fiscal year 2019/20. The government had allocated Rs 92 billion for such big projects for the current fiscal year &nbsp;but has increased the budget for the new FY.</p>
<p>
	The budget will be invested for the construction of the 19 projects that have been included in national Pride Project list.</p>
<p>
	According to the Ministry of Finance, the government has allocated Rs 13.57 billion for the 1200 MW Budhigandaki Hydropower Project in the upcoming fiscal year which will be used for land acquisition. Likewise, Rs 1.49 billion has been allocated for Babai Irrigation Project.</p>
<p>
	Government had allocated Rs 1.49 billion for Sikta Irrigation Project in the current fiscal year which has been increased to Rs 1.52 billion. This project was almost ready but the main canal collapsed during testing phase last year.</p>
<p>
	Further, the government has set aside Rs 2.42 billion budget for Rani Jamara Kulariya Irrigation project. In the current fiscal year, government had separated Rs 6 billion for Bheri Babai Diversion Project which has now been decreased to Rs 4.20 billion for the coming fiscal year.</p>
<p>
	For Melamchi Water Supply Project, which came to a halt &nbsp;in the final phase, the government has allocated Rs 7.38 billion for the upcoming fiscal year. Likewise, for the Upper Tamakoshi Project, the government has separated Rs 1.85 billion in the upcoming fiscal year. The project is expected&nbsp; to be complete by December this year.</p>
<p>
	The government has allocated Rs 350 million and Rs 1 billion for Pashupati Area Development Trust and Lumbini Development Trust respectively. Likewise, Rs 3.33 billion has been separated for South Asia Tourism Infrastructure Development Project.</p>
<p>
	Similarly, Pokhara Regional Airport and Nijgad International Airport will be getting Rs 8 billion and Rs 1.50 billion respectively. The government has allocated Rs 12.19 billion for the completion of Puspalal Highway, and Rs 5 billion for the East-West Highway.</p>
<p>
	The Kathmandu-Tarai Fast Track will receive Rs 15 billion while the government has separated Rs 7.69 billion for train, monorail, and metro rail.</p>
<p>
	In the current fiscal year, only 34.5 percent of budget that was allocated for the National Pride Projects was spent showing disappointing progress in the projects.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10601',
			'image' => '20190606035628_20181228025423_aaaa 2.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '10849',
			'article_category_id' => '1',
			'title' => 'Surya Nepal’s Tax Dispute Drags on for 12 Years at Supreme Court',
			'sub_title' => '',
			'summary' => 'June 6: The tax dispute of Surya Nepal has remained sub judice at the Supreme Court for the last 12 years. ',
			'content' => '<p>
	June 6: The tax dispute of Surya Nepal has remained sub judice at the Supreme Court for the last 12 years. A case filed at the apex court on September 11, 2007 is still undecided as other disputes surfaced later on. Records at the SC show that a total of 12 disputes are under discussion at the court. The last of the tax-related disputes was filed on February 4, 2010.</p>
<p>
	Altogether 39 hearings were held for the case in the last 12 years but each of the time the court could not issue any verdict due to various reasons. Sometimes, the hearing was handed to justices who could not look into the case while at other times the justices could not issue any verdict due to lack of time.</p>
<p>
	During 19 instances, the justices could not issue any verdict due to lack of time while 17 times the justices could not look into the case. The hearing could not take place once while the SC issued a verdict only one time.</p>
<p>
	Surya Nepal was dragged into court by the Ministry of Finance and the Department of Revenue Investigation and the Large Taxpayers&rsquo; Office. It is said that the company owes millions of rupees in dues to the government.</p>
<p>
	&ldquo;It is quite surprising that that the Supreme Court has failed to issue the final verdict against Surya Nepal even in such a long period,&rdquo; said a court official on condition of anonymity.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10600',
			'image' => '20190606020124_aaaa.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '10848',
			'article_category_id' => '1',
			'title' => 'Rich Copper Mine of Myagdi Remains Unearthed for Decades',
			'sub_title' => '',
			'summary' => 'June 6: The local government of Malika Rural Municipality in western Myagdi is losing millions of rupees in revenue while the locals are deprived of job opportunities as the authorities concerned have failed to operate a highly rich copper mine in Bhirkhani of Okharbot in the rural municipality.',
			'content' => '<p>
	June 6: The local government of Malika Rural Municipality in western Myagdi is losing millions of rupees in revenue while the locals are deprived of job opportunities as the authorities concerned have failed to operate a highly rich copper mine in Bhirkhani of Okharbot in the rural municipality.</p>
<p>
	The copper mine used to be extracted regularly from 1961 to 1985 but the extraction came to a halt after than due to the hike in tax by the then government.</p>
<p>
	Before 1985, around 200 workers were employed at the mine. Every day, they used to extract around 20 kg of copper, according to chairman of Malika Rural Municipality ward-4 Dilip Sherchan, who was a village chieftan back during the Panchayat era.</p>
<p>
	Sherchan recalls that the copper extracted from the mine used to be sold for Rs 150 for 2.5 kg about three decades ago.</p>
<p>
	Sherchan further said that an examination of the mine by a team from India about five decades ago had revealed that there were possibilities of gold in the mine. Four years later, late king Birendra Shah had visited the mine and ordered to run the mine in a properly managed way.</p>
<p>
	The mine which was running smoothly until 1985 stopped operation after the government increased the tax. Failure to pay the tax, lack of technical experts and equipment resulted in the closure of the mine.</p>
<p>
	At that time, the current ward chair Sherchan had obtained the license to extract the metal.</p>
<p>
	According to 83-year-old Dil Prasad Ghartimagar, there are two sources of copper in the mine. Each of the areas where the copper is accumulated is around 300 square meters.</p>
<p>
	After being elected in the local polls of 2017, Sherchan took the recommendations from the local unit and requested the Department of Mines in Kathmandu for operating the mine but in vain. He says he made five futile attempts to reopen the mine but the Kathmandu-based government authority did not allow to do so.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10599',
			'image' => '20190606013911_tamakhani2.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '10847',
			'article_category_id' => '236',
			'title' => 'Royal Enfield’s Gunmetal Grey Classic Hits the Roads',
			'sub_title' => '',
			'summary' => 'June 6: Vivek Automobiles, the authorised distributor of Royal Enfield in Nepal and a subsidiary of MV Dugar Group, has launched the Gunmetal Grey Classic 350 cc BS IV bike of Royal Enfield in the Nepali market.',
			'content' => '<p>
	June 6: Vivek Automobiles, the authorised distributor of Royal Enfield in Nepal and a subsidiary of MV Dugar Group, has launched the Gunmetal Grey Classic 350 cc BS IV bike of Royal Enfield in the Nepali market.</p>
<p>
	According to the company, the new model comes with a sporty look, mat finish, and rear disc brake.</p>
<p>
	Some of the distinctive features of the Royal Enfield are its classic 350cc engine and headlight casing, fuel tank, dual disc brake, oval tool box, exhaust fins, speedometer dials, single seat spring, saddle tail light assembly and headlight cap, the company said in a statement</p>
<p>
	The recently added rear disc brake increases the safety of the motorcycle, added the statement.</p>
<p>
	The new model is available at all 19 outlets of Vivek Automobiles.</p>
<p>
	The introductory price of the bike has been fixed at Rs 515,000 for a limited period of time, the company added. &nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10598',
			'image' => '20190606011414_aaaaasdff.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '10846',
			'article_category_id' => '237',
			'title' => 'Samsung Launches Cashback Offer Targeting ICC Cricket World Cup',
			'sub_title' => '',
			'summary' => 'June 6: Adding excitement to the ICC Cricket World Cup 2019, Samsung Electronics, Nepal has launched a campaign named “Unbox Magic with Every Hit” offering cashbacks on Samsung TVs.',
			'content' => '<p>
	June 6: Adding excitement to the ICC Cricket World Cup 2019, Samsung Electronics, Nepal has launched a campaign named &ldquo;Unbox Magic with Every Hit&rdquo; offering cashbacks on Samsung TVs.</p>
<p>
	This scheme is aimed at cricket fans who want to support their favorite team on the big screen. The company said in a statement that the campaign offers &ldquo;huge cashback&rdquo; of up to 44 percent.&nbsp;</p>
<p>
	Along with the cashback, customers can also avail EMI facility from Samsung plazas in Kathmandu. The EMI is to be calculated on a 12 month basis, the statement added.</p>
<p>
	According to the company, it also provides two years&rsquo; warranty on the purchase of Samsung TVs which includes one year product warranty and one year extended warranty on panel only.</p>
<p>
	The offer&nbsp;is valid from June 1 to July 15 at all the&nbsp;Samsung plazas and authorized retailers across the country under the distributors &ndash; HIM Electronics and Triveni Byapar.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10597',
			'image' => '20190606125813_samsung.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '10845',
			'article_category_id' => '266',
			'title' => 'NMB Bank’s Environmental Drive',
			'sub_title' => '',
			'summary' => 'June 6: NMB Bank conducted a series of programmes across the country to mark the World Environment Day on Wednesday, June 5',
			'content' => '<p>
	June 6: NMB Bank conducted a series of programmes across the country to mark the World Environment Day on Wednesday, June 5</p>
<p>
	The bank said in a statement that it inaugurated a 50K grid solar rooftop system with net metering at its head office. The system is expected to cover 70 percent of electricity consumption at the bank&rsquo;s head office. The system was jointly inaugurated by the bank&rsquo;s CEO Sunil KC and Madhusudan Adhikari, executive director of Alternative Energy Promotion Center.</p>
<p>
	Likewise, the bank launched a new scheme for financing of bicycles on EMI basis through NMB VISA cards. The objective of the scheme is to encourage people to opt for bicycles as a mode of transport so as to help reduce carbon footprints and safeguard the environment, the statement added.</p>
<p>
	The bank also undertook plantation of 100 saplings in Kageshwari Manohara Municipality in Kathmandu. Tree plantations were actively organized in branches across the country in association with local bodies.</p>
<p>
	&lsquo;&ldquo;Our efforts will not remain limited to just one day, we will continue our environment drive hereafter too,&rdquo; reads the statement issued by the bank.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10596',
			'image' => '20190606123957_nmb.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '10844',
			'article_category_id' => '266',
			'title' => 'Coca-Cola Pledges Working Towards a World Without Waste',
			'sub_title' => '',
			'summary' => 'June 6: Coca-Cola Nepal, along with its sustainability partners, has come up with pledge for a ‘World without Waste’ on the occasion of the World Environment Day.',
			'content' => '<div>
	June 6: Coca-Cola Nepal, along with its sustainability partners, has come up with pledge for a &lsquo;World without Waste&rsquo; on the occasion of the World Environment Day.</div>
<div>
	&nbsp;</div>
<div>
	According to the company, the World Without Waste is Coca-Cola&rsquo;s commitment to collect and recycle the equivalent of 100 percent of the packaging it sells by 2030.</div>
<div>
	&nbsp;</div>
<div>
	To achieve this, the company said it will continue to focus on designing its packaging to be 100 percent recyclable, while partnering with local communities, NGOs, industries, and consumers to collect and recycle packaging.</div>
<div>
	&nbsp;</div>
<div>
	Coca-Cola Nepal, during a press conference held in the capita on June 5, highlighted the joint efforts of all the stakeholders involved to achieve its waste management efforts.</div>
<div>
	&nbsp;</div>
<div>
	Coca-Cola Nepal along with its bottling partner, Bottlers Nepal Limited, recently partnered with Nepal Army, central, provincial and local governments, Nepal Mountaineering Association and Sagarmatha Pollution Control Committee (SPCC) in the largest ever joint initiative made to retrieve discarded garbage from Mt Everest.</div>
<div>
	&nbsp;</div>
<div>
	The campaign organised with the theme &ldquo;Clean our Pride&rdquo; aims to preserve the sanctity of the world&rsquo;s highest mountain and keep it pristine.</div>
<div>
	&nbsp;</div>
<div>
	Talking about the Mt Everest Clean Up Campaign 2019, Danduraj Ghimire, director general at the Department of Tourism, shared, &ldquo;We are very thankful to Nepal Army, SPCC, Coca-Cola in Nepal and Bottlers Nepal Limited for supporting the Mt Everest Clean Up campaign. This campaign was the first and largest initiative to collect garbage from the world&rsquo;s highest mountain and I am pleased to share that it has been a grand success as per our expectation. We hope similar support from Coca-Cola in Nepal and others from the private sectors in the coming days.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10595',
			'image' => '20190606122140_coke.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '10843',
			'article_category_id' => '1',
			'title' => 'New Parking Bay at TIA Expected to Ease Air Traffic Congestion',
			'sub_title' => '',
			'summary' => 'June 6: A new remote parking bay has come in operation at the Tribhuvan International Airport (TIA) from June 4, Tuesday. ',
			'content' => '<p>
	June 6: A new remote parking bay has come in operation at the Tribhuvan International Airport (TIA) from June 4, Tuesday. Likewise, the airport will operate another bay currently under construction within the next four months.&nbsp; &nbsp;</p>
<p>
	Civil Aviation Authority of Nepal (CAAN) has invested Rs 1.06 billion from the Airport Development Fund (ADF) for constructing the two new remote parking bays at the airport. The newly built bay is located in the northern side of the airport while the under construction bay lies to the southern part. Both the bays are capable of accommodating both small and large-sized aircraft.</p>
<p>
	According to TIA officials, the construction of remote parking bays is a part of TIA expansion plan.&nbsp;</p>
<p>
	Raj Kumar Chhetri, managing director of TIA, informed New Business Age that Boeing 757 of Nepal Airlines Corporation is currently parked at the new bay.&nbsp;&nbsp;</p>
<p>
	The bay can accommodate two wide-body or three narrow-body aircraft at a time.</p>
<p>
	Rajan Pokhrel, managing director of CAAN, informed that the operation of both the remote parking bays will ease the parking space problem at TIA.</p>
<p>
	&ldquo;TIA currently has only nine parking bays for international flight operators which are usually packed. Due to the increasing flight traffic, many flights have to hover over the city most of the time. The operation of two new remote parking bays will help ease the air traffic congestion at the airport,&rdquo; Pokhrel added.&nbsp;</p>
<p>
	According to Chhetri, CAAN has invested Rs 470 million for constructing the bay situated in the north-eastern part of the airport. Likewise, Rs 590 as been projected to be spent for the construction of the other bay situated in the southern part of TIA.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10594',
			'image' => '20190606085517_airport photos_post photo pradeep kumar shrestha (2).JPG',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '10842',
			'article_category_id' => '1',
			'title' => ''Human Capital Development a Key to Economic Growth'',
			'sub_title' => '',
			'summary' => 'June 6: Finance Minister Yuba Raj Khatiwada has underscored the need of skilled and  educated human resources for sustainable economic growth and development of the country. ',
			'content' => '<p>
	June 6: Finance Minister Yuba Raj Khatiwada has underscored the need of skilled and &nbsp;educated human resources for sustainable economic growth and development of the country. Finance Minister Khatiwada made such remarks during the inaugural ceremony of Bhutan-Nepal Human Capital Forum that began in the capital on Wednesday, June 5.</p>
<p>
	The two-day conference organised by the World Bank is being participated by high-level delegates from Nepal and Bhutan to devise strategies for investing more and better on human capital.</p>
<p>
	Addressing the event, Finance Minister Khatiwada said, &ldquo;A country is comprised of the collective strength of its people. When they are highly educated, healthy, skilled, and motivated, a thriving workforce can drive the country&rsquo;s growth and development. The government has accordingly prioritized education, health and drinking water while allocating budget for the next fiscal year. We will continue to work with all stakeholders to invest in people and ensure the creation and empowerment of a globally competitive population for the 21<sup>st</sup> century.&rdquo;</p>
<p>
	Nepal scored 0.49 out of the maximum possible score of one, in the Human Capital Index released by the World Bank in October 2018. This means that a child born today in Nepal will be only 49 per cent as productive when he or she grows up, as he or she could be if he or she enjoyed complete education and full health.</p>
<p>
	&ldquo;Although Nepal secured the second spot among its South Asian peers and did better than average for its region, more than half the potential is yet to be realised. It still needs to invest effectively and efficiently on access to quality health services, nutrition, education, employment skills and others to realize its potential,&rdquo; the World Bank said in a press statement.</p>
<p>
	Bhutan&rsquo;s Finance Secretary Dasho Nim Dorji, who led the Bhutanese delegation to Nepal, expressed the importance of enhancing human capital. &ldquo;As one of the early adopters of the World Bank&rsquo;s Human Capital Project, Bhutan remains committed to improve the level and quality of investment in our people,&rdquo; he said, &ldquo;For us, reduction of inequality across the region and access to quality services has always been a high priority,&rdquo; he added.</p>
<p>
	Bhutan performs better than its neighbors in stunting rates, according to the World Bank report. &ldquo;However, one out of five Bhutanese remain stunted. While Bhutan&rsquo;s adult survival rate is relatively satisfactory, the country needs to invest more in health services and access,&rdquo; states the report.</p>
<p>
	Speaking on the occasion, Faris Hadad-Zervos, country manager of World Bank for Nepal, said, &ldquo;Investing in the early years is one of the smartest investments a country can make to break the cycle of poverty, address inequality, and boost productivity later in life. There is an urgent need to allocate resources for the physical, cognitive, and emotional development of children to ensure future productivity of individuals and increase economic competitiveness of nations.&rdquo;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10593',
			'image' => '20190606083855_2.JPG',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '20'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '10841',
			'article_category_id' => '1',
			'title' => 'Insurance Coverage for Lemon and Orange Farming',
			'sub_title' => '',
			'summary' => 'June 5: The Insurance Board of Nepal has prepared separate drafts of insurance coverage for lemon and orange farming. ',
			'content' => '<p>
	June 5: The Insurance Board of Nepal has prepared separate drafts of insurance coverage for lemon and orange farming. The drafts have been approved by the Board of Directors of IBN. Deputy Director of the board, Kundan Sapkota, informed New Business Age that the insurance coverage will come into effect once the board issues a circular to the insurance companies regarding this decision. He added that the farmers can now on purchase insurance policy for their products (fruits) as well as plants.</p>
<p>
	The insurance will cover the losses caused by fire, lightening, earthquakes, floods, accidents and loss due to pests and diseases.</p>
<p>
	Farmers can also avail accidental death insurance worth Rs 200,000 under this. However, the insurance will not cover casualties of war, encroachment, and loss of farming due to civil war. Likewise, loss due to the negligence of the farmer and their family will not be compensated.</p>
<p>
	The insurance amount will be determined on the basis of the number and price of plants (orange, lemon), production rate. The insurance amount should be certified by agriculture knowledge center of the district or government office related to agriculture.</p>
<p>
	The farmers will have to submit the 5 percent insurance premium of the insured amount. Similarly, Rs 100 should be paid yearly for accidental death insurance.</p>
<p>
	In order to avail the insurance coverage, the plants should have to be planted between May 29 to August 31. After a year of plantation, farmers will be able to claim the insurance. The insurance coverage will remain valid as long as the plants bear fruits.</p>
<p>
	To claim the insurance, farmers will have to inform the insurance company about the loss within 24 hours and they should make a formal approach to make the claim within a week.</p>
<p>
	According to the insurance policy, farmers can claim the insurance if the loss is more than five percent. The company will pay up to 90 percent of the actual damage.</p>
<p>
	<br />
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-05',
			'modified' => '2019-06-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10592',
			'image' => '20190605051816_20190220125347_aaa.jpg',
			'article_date' => '2019-06-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '10840',
			'article_category_id' => '1',
			'title' => 'Government Allocates Rs 40.73 Billion for Urban Development',
			'sub_title' => '',
			'summary' => 'June 5: The government has once again included the concept of “smart city” in the budget just like in the past.',
			'content' => '<p>
	June 5: The government has once again included the concept of &ldquo;smart city&rdquo; in the budget just like in the past. The proposal of developing smart cities was limited to slogan in the current fiscal year.</p>
<p>
	The government has allocated Rs 40.73 billion under the head of urban infrastructure for the upcoming fiscal year. The budget also mentions about conducting feasibility studies for developing mega cities and smart cities under the same head.</p>
<p>
	The Integrated Urban Infrastructure Development Master Plan introduced last year has got continuity even in the current FY.</p>
<p>
	The government will now conduct feasibility studies to develop fast growing cities like Kathmandu, Biratnagar, Itahari, Birgunj, Jitpur (Simara), Pokhara, Siddharthanagar, Kohalpur, Attariya into mega cities.</p>
<p>
	The budget also states that the government will prepare a master plan to develop all 185 municipalities across the country into well-managed cities.</p>
<p>
	The government has allocated Rs 1.98 billion to develop 27 modern cities in suitable places along the Mid-Hill Highway.</p>
<p>
	The budget has also mentioned of plans to properly managing the natural resources, river corridors, roads, transportation, sewage, garbage as well as heritage sites of the Kathmandu Valley in the upcoming fiscal year.</p>
<p>
	The government also plans to properly manage the footpaths of the capital city in order to reduce dust pollution.</p>
',
			'published' => true,
			'created' => '2019-06-05',
			'modified' => '2019-06-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10591',
			'image' => '20190605040539_aaa.jpeg',
			'article_date' => '2019-06-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '10839',
			'article_category_id' => '266',
			'title' => 'Qatar Airways Hosts a Fun Day for Children of Orphanages in Kathmandu ',
			'sub_title' => '',
			'summary' => 'June 5: Qatar Airways, in partnership with Qatar Charity, organised a fun-filled activity for 100 children from four orphanages in Kathmandu to mark the holy month of Ramadan and Eid.',
			'content' => '<p>
	June 5: Qatar Airways, in partnership with Qatar Charity, organised a fun-filled activity for 100 children from four orphanages in Kathmandu to mark the holy month of Ramadan and Eid.</p>
<p>
	According to Qatar Airways, the children were distributed gifts and also offered magic show, face painting, bouncy castles and games with prizes at Hotel Annapurna during the recent event.</p>
<p>
	The event was attended by children of Prayas Nepal, Underprivileged Children&rsquo;s Education Program (UCEP) Nepal, Maitreya Foundation Nepal and Shangrila Orphanage Home.</p>
<p>
	Qatar Airways Country Head for Nepal, Mohamed El Emam, said, &ldquo;We are greatly pleased to be able to bring a smile to these children with our CSR event as a part of Eid celebrations made by Qatar Airways. This initiative, conducted in partnership with Qatar Charity, is just one of the ways in which we demonstrate our commitment to giving back to the community of Nepal and we are truly grateful to have made a difference to the children from these orphanages.&rdquo;</p>
<p>
	The airline company said that Corporate Social Responsibility is an important part of Qatar Airways&rsquo; values. The airline is a supporter of the Educate A Child (EAC) programme, an initiative that provides educational opportunities to children without access to education due to constraints such as extreme poverty, cultural barriers and conflict-affected environments.</p>
<p>
	Qatar Airways is also the Official Airline Partner of Orbis, an organisation which works to prevent avoidable blindness in areas of need. Working with a global team of volunteers and the world&rsquo;s leading ophthalmic medical experts, Orbis runs long-term programmes in 18 countries, including India, Bangladesh, Ethiopia and Zambia, among others.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-05',
			'modified' => '2019-06-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10590',
			'image' => '20190605034331_qatar (1).jpg',
			'article_date' => '2019-06-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	)
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

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



    if(!$xml = simplexml_load_file($file)){
$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' => '10854',
			'article_category_id' => '1',
			'title' => 'Jomsom Airport to Remain Closed for 15 Days',
			'sub_title' => 'Tara Air to Discontinue Flights to Jomsom',
			'summary' => 'June 7: Jomsom Airport will remain closed for 15 days starting from Saturday, June 8. ',
			'content' => '<p>
	June 7: Jomsom Airport will remain closed for 15 days starting from Saturday, June 8. The Civil Aviation Authority of Nepal (CAAN) has decided to shut the airport for repair and maintenance.</p>
<p>
	Trilochan Poudel, deputy director at CAAN, informed New Business Age that they have finished leveling the ground around the runway but the blacktopping of the runway is yet to finish.</p>
<p>
	Due to the closure of the airport, private airlines have decided to discontinue flights to Jomsom.</p>
<p>
	Tara Air, a subsidiary of Yeti Airlines, will stop Pokhara-Jomsom flights from June 8 to 22. Yeti Airlines has issued a public notice informing that the flights to Jomsom will discontinue for some time.</p>
<p>
	Tara Air has been operating Pokhara-Jomsom flights with its 19-seater Dornier Do-228 and Twin Otter DHC 6-300/400. The company said it operates regular 10 flights per day in the route. Tara Air has been operating flights to mountainous and hilly regions. Jomsom is one of the 14 destinations of Tara Air.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-07',
			'modified' => '2019-06-07',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10604',
			'image' => '20190607123122_xw2K7-untitled-1.jpg',
			'article_date' => '2019-06-07 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '20'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '10852',
			'article_category_id' => '1',
			'title' => 'Investment in Human Capital can Help Propel Nepal to Middle Income Status',
			'sub_title' => 'Growth Projected to Average 6.5 Percent in the Medium Term',
			'summary' => '',
			'content' => '<p>
	June 6: Nepal has the potential to double its Gross Domestic Product (GDP) per capita in the long run if it achieves the benchmarks of complete education and full health, says the latest report of the World Bank unveiled during the second day of the Human Capital Forum held in Kathmandu on Thursday, June 6.</p>
<p>
	According to the World Bank&rsquo;s Nepal Development Update, investing in human resources could help propel Nepal toward its goal of middle-income country by increasing the productivity and competitiveness of labor, leading to accelerated inclusive growth.</p>
<p>
	The report presents a hopeful picture for Nepal in the FY2019/20. The country&rsquo;s economic growth is estimated to reach 7.1 percent, driven by the service and agriculture sectors, reads a press statement issued by the World Bank.</p>
<p>
	The statement says that the service sector is likely to grow by 7.5 percent due to a boost in the retail, hotel, and restaurant subsectors, driven by an increase in tourist arrivals and remittance-fueled private consumption. Likewise, good monsoon, increased commercialization, availability of fertilizers and seeds, and improved irrigation facilities have supported growth in the agriculture sector. The improved power availability from increased electricity generation is expected to support higher growth in industry.</p>
<p>
	&ldquo;Investing in people so that all citizens of Nepal are able to achieve full education and health to perform at their full potential will be critical, in order to sustain the recent high levels of growth and increase competitiveness,&rdquo; said Dr Kene Ezemenari, World Bank&rsquo;s senior economist and author of the report adding, &ldquo;This will require reducing inequities in access to services, improving the quality of services and minimizing household vulnerabilities to shocks.&rdquo;</p>
<p>
	The report notes that investing in people and building human capital are critical if Nepal is to accelerate its growth and rapidly reduce poverty. Human capital investments raise individual earnings potential, which in turn contributes to aggregate economic growth.</p>
<p>
	&ldquo;One additional year of schooling in Nepal can raise an individual&rsquo;s earnings by 8 to 10 percent. Undernutrition reduces learning potential and productivity and can reduce GDP by as much as 11 percent. Investing in psychosocial stimulation during a child&rsquo;s early years can raise his or her adult income by up to 25 percent,&rdquo; reads the statement.</p>
<p>
	The report highlights the need for more exports if Nepal is to sustain the recent high levels of economic growth. Over the medium term, the report projects GDP will grow at 6.5 percent on average, driven by private investment and consumption. Inflation is expected to pick up slightly but will remain below 5 percent during the forecast period assuming stable agricultural production, regular supply of electricity, and low inflation in India.</p>
<p>
	Similarly, Minister for Finance, Dr Yuba Raj Khatiwada also shared, &ldquo;Our utmost priority remains the development of our children and youth &ndash; we need to scope up and maintain sustainable investments in the younger generation to ensure they remain productive and competitive with the global workforce.&rdquo; He said that the government has initiated a number of reforms and policies to strengthen the investment and business environment and attract foreign investment. Dr Khatiwada also said, &ldquo;The recently released budget has also been carefully designed to ensure an enhancement of education, health and drinking water sectors and creation of job opportunities in the country to ensure people&rsquo;s fundamental rights.&rdquo;</p>
<p>
	&nbsp;</p>
<p align="left">
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10603',
			'image' => '20190606064316_1 (1).JPG',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '10850',
			'article_category_id' => '1',
			'title' => 'Limestone in Abundance, but lacks Market ',
			'sub_title' => '',
			'summary' => 'June 6: Data maintained by theDepartment of Mines and Geology shows that the limestone reserves of the country are spread across 7,000 square kilometers of land.',
			'content' => '<p>
	June 6: Data maintained by theDepartment of Mines and Geology shows that the limestone reserves of the country are spread across 7,000 square kilometers of land.</p>
<p>
	The department estimates that a total of 1.50 billion tons of limestone is in the reserves, while it has already ascertained the presence of 750 million tons of limestone in the country. Clinker &ndash; one of the major components of cement &ndash; is made from limestone.</p>
<p>
	Currently, majority of cement industries utilise clinker produced within the country. The department has given license to Hetauda Cement, Udayapur Cement, Cosmos Cement and Bhugarbha Cement to extract limestone from nine mines which were discovered recently.</p>
<p>
	Meanwhile, Dhurba Thapa, president at Nepal Cement Producers&rsquo; Association, said that investment in the clinker industries is under risk due to the lack of international market for the raw material produced in Nepal.</p>
<p>
	Likewise, Pashupati Murarka, promoter of Argakhachi Cement, said that the production of clinker within the country is overwhelming, but the supply is more than the demand. He further said that there should be further investment in the sector only if there is possibility of export from the country.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10602',
			'image' => '20190606033958_ImageForArticle_1236(1).jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '10851',
			'article_category_id' => '1',
			'title' => 'More than 100 billion allocated for National Pride Projects',
			'sub_title' => '',
			'summary' => 'June 6: The government of Nepal has allocated Rs 103.85 billion for National Pride Projects for the upcoming fiscal year 2019/20. ',
			'content' => '<p>
	June 6: The government of Nepal has allocated Rs 103.85 billion for National Pride Projects for the upcoming fiscal year 2019/20. The government had allocated Rs 92 billion for such big projects for the current fiscal year &nbsp;but has increased the budget for the new FY.</p>
<p>
	The budget will be invested for the construction of the 19 projects that have been included in national Pride Project list.</p>
<p>
	According to the Ministry of Finance, the government has allocated Rs 13.57 billion for the 1200 MW Budhigandaki Hydropower Project in the upcoming fiscal year which will be used for land acquisition. Likewise, Rs 1.49 billion has been allocated for Babai Irrigation Project.</p>
<p>
	Government had allocated Rs 1.49 billion for Sikta Irrigation Project in the current fiscal year which has been increased to Rs 1.52 billion. This project was almost ready but the main canal collapsed during testing phase last year.</p>
<p>
	Further, the government has set aside Rs 2.42 billion budget for Rani Jamara Kulariya Irrigation project. In the current fiscal year, government had separated Rs 6 billion for Bheri Babai Diversion Project which has now been decreased to Rs 4.20 billion for the coming fiscal year.</p>
<p>
	For Melamchi Water Supply Project, which came to a halt &nbsp;in the final phase, the government has allocated Rs 7.38 billion for the upcoming fiscal year. Likewise, for the Upper Tamakoshi Project, the government has separated Rs 1.85 billion in the upcoming fiscal year. The project is expected&nbsp; to be complete by December this year.</p>
<p>
	The government has allocated Rs 350 million and Rs 1 billion for Pashupati Area Development Trust and Lumbini Development Trust respectively. Likewise, Rs 3.33 billion has been separated for South Asia Tourism Infrastructure Development Project.</p>
<p>
	Similarly, Pokhara Regional Airport and Nijgad International Airport will be getting Rs 8 billion and Rs 1.50 billion respectively. The government has allocated Rs 12.19 billion for the completion of Puspalal Highway, and Rs 5 billion for the East-West Highway.</p>
<p>
	The Kathmandu-Tarai Fast Track will receive Rs 15 billion while the government has separated Rs 7.69 billion for train, monorail, and metro rail.</p>
<p>
	In the current fiscal year, only 34.5 percent of budget that was allocated for the National Pride Projects was spent showing disappointing progress in the projects.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10601',
			'image' => '20190606035628_20181228025423_aaaa 2.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '10849',
			'article_category_id' => '1',
			'title' => 'Surya Nepal’s Tax Dispute Drags on for 12 Years at Supreme Court',
			'sub_title' => '',
			'summary' => 'June 6: The tax dispute of Surya Nepal has remained sub judice at the Supreme Court for the last 12 years. ',
			'content' => '<p>
	June 6: The tax dispute of Surya Nepal has remained sub judice at the Supreme Court for the last 12 years. A case filed at the apex court on September 11, 2007 is still undecided as other disputes surfaced later on. Records at the SC show that a total of 12 disputes are under discussion at the court. The last of the tax-related disputes was filed on February 4, 2010.</p>
<p>
	Altogether 39 hearings were held for the case in the last 12 years but each of the time the court could not issue any verdict due to various reasons. Sometimes, the hearing was handed to justices who could not look into the case while at other times the justices could not issue any verdict due to lack of time.</p>
<p>
	During 19 instances, the justices could not issue any verdict due to lack of time while 17 times the justices could not look into the case. The hearing could not take place once while the SC issued a verdict only one time.</p>
<p>
	Surya Nepal was dragged into court by the Ministry of Finance and the Department of Revenue Investigation and the Large Taxpayers&rsquo; Office. It is said that the company owes millions of rupees in dues to the government.</p>
<p>
	&ldquo;It is quite surprising that that the Supreme Court has failed to issue the final verdict against Surya Nepal even in such a long period,&rdquo; said a court official on condition of anonymity.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10600',
			'image' => '20190606020124_aaaa.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '10848',
			'article_category_id' => '1',
			'title' => 'Rich Copper Mine of Myagdi Remains Unearthed for Decades',
			'sub_title' => '',
			'summary' => 'June 6: The local government of Malika Rural Municipality in western Myagdi is losing millions of rupees in revenue while the locals are deprived of job opportunities as the authorities concerned have failed to operate a highly rich copper mine in Bhirkhani of Okharbot in the rural municipality.',
			'content' => '<p>
	June 6: The local government of Malika Rural Municipality in western Myagdi is losing millions of rupees in revenue while the locals are deprived of job opportunities as the authorities concerned have failed to operate a highly rich copper mine in Bhirkhani of Okharbot in the rural municipality.</p>
<p>
	The copper mine used to be extracted regularly from 1961 to 1985 but the extraction came to a halt after than due to the hike in tax by the then government.</p>
<p>
	Before 1985, around 200 workers were employed at the mine. Every day, they used to extract around 20 kg of copper, according to chairman of Malika Rural Municipality ward-4 Dilip Sherchan, who was a village chieftan back during the Panchayat era.</p>
<p>
	Sherchan recalls that the copper extracted from the mine used to be sold for Rs 150 for 2.5 kg about three decades ago.</p>
<p>
	Sherchan further said that an examination of the mine by a team from India about five decades ago had revealed that there were possibilities of gold in the mine. Four years later, late king Birendra Shah had visited the mine and ordered to run the mine in a properly managed way.</p>
<p>
	The mine which was running smoothly until 1985 stopped operation after the government increased the tax. Failure to pay the tax, lack of technical experts and equipment resulted in the closure of the mine.</p>
<p>
	At that time, the current ward chair Sherchan had obtained the license to extract the metal.</p>
<p>
	According to 83-year-old Dil Prasad Ghartimagar, there are two sources of copper in the mine. Each of the areas where the copper is accumulated is around 300 square meters.</p>
<p>
	After being elected in the local polls of 2017, Sherchan took the recommendations from the local unit and requested the Department of Mines in Kathmandu for operating the mine but in vain. He says he made five futile attempts to reopen the mine but the Kathmandu-based government authority did not allow to do so.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10599',
			'image' => '20190606013911_tamakhani2.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '10847',
			'article_category_id' => '236',
			'title' => 'Royal Enfield’s Gunmetal Grey Classic Hits the Roads',
			'sub_title' => '',
			'summary' => 'June 6: Vivek Automobiles, the authorised distributor of Royal Enfield in Nepal and a subsidiary of MV Dugar Group, has launched the Gunmetal Grey Classic 350 cc BS IV bike of Royal Enfield in the Nepali market.',
			'content' => '<p>
	June 6: Vivek Automobiles, the authorised distributor of Royal Enfield in Nepal and a subsidiary of MV Dugar Group, has launched the Gunmetal Grey Classic 350 cc BS IV bike of Royal Enfield in the Nepali market.</p>
<p>
	According to the company, the new model comes with a sporty look, mat finish, and rear disc brake.</p>
<p>
	Some of the distinctive features of the Royal Enfield are its classic 350cc engine and headlight casing, fuel tank, dual disc brake, oval tool box, exhaust fins, speedometer dials, single seat spring, saddle tail light assembly and headlight cap, the company said in a statement</p>
<p>
	The recently added rear disc brake increases the safety of the motorcycle, added the statement.</p>
<p>
	The new model is available at all 19 outlets of Vivek Automobiles.</p>
<p>
	The introductory price of the bike has been fixed at Rs 515,000 for a limited period of time, the company added. &nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10598',
			'image' => '20190606011414_aaaaasdff.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '10846',
			'article_category_id' => '237',
			'title' => 'Samsung Launches Cashback Offer Targeting ICC Cricket World Cup',
			'sub_title' => '',
			'summary' => 'June 6: Adding excitement to the ICC Cricket World Cup 2019, Samsung Electronics, Nepal has launched a campaign named “Unbox Magic with Every Hit” offering cashbacks on Samsung TVs.',
			'content' => '<p>
	June 6: Adding excitement to the ICC Cricket World Cup 2019, Samsung Electronics, Nepal has launched a campaign named &ldquo;Unbox Magic with Every Hit&rdquo; offering cashbacks on Samsung TVs.</p>
<p>
	This scheme is aimed at cricket fans who want to support their favorite team on the big screen. The company said in a statement that the campaign offers &ldquo;huge cashback&rdquo; of up to 44 percent.&nbsp;</p>
<p>
	Along with the cashback, customers can also avail EMI facility from Samsung plazas in Kathmandu. The EMI is to be calculated on a 12 month basis, the statement added.</p>
<p>
	According to the company, it also provides two years&rsquo; warranty on the purchase of Samsung TVs which includes one year product warranty and one year extended warranty on panel only.</p>
<p>
	The offer&nbsp;is valid from June 1 to July 15 at all the&nbsp;Samsung plazas and authorized retailers across the country under the distributors &ndash; HIM Electronics and Triveni Byapar.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10597',
			'image' => '20190606125813_samsung.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '10845',
			'article_category_id' => '266',
			'title' => 'NMB Bank’s Environmental Drive',
			'sub_title' => '',
			'summary' => 'June 6: NMB Bank conducted a series of programmes across the country to mark the World Environment Day on Wednesday, June 5',
			'content' => '<p>
	June 6: NMB Bank conducted a series of programmes across the country to mark the World Environment Day on Wednesday, June 5</p>
<p>
	The bank said in a statement that it inaugurated a 50K grid solar rooftop system with net metering at its head office. The system is expected to cover 70 percent of electricity consumption at the bank&rsquo;s head office. The system was jointly inaugurated by the bank&rsquo;s CEO Sunil KC and Madhusudan Adhikari, executive director of Alternative Energy Promotion Center.</p>
<p>
	Likewise, the bank launched a new scheme for financing of bicycles on EMI basis through NMB VISA cards. The objective of the scheme is to encourage people to opt for bicycles as a mode of transport so as to help reduce carbon footprints and safeguard the environment, the statement added.</p>
<p>
	The bank also undertook plantation of 100 saplings in Kageshwari Manohara Municipality in Kathmandu. Tree plantations were actively organized in branches across the country in association with local bodies.</p>
<p>
	&lsquo;&ldquo;Our efforts will not remain limited to just one day, we will continue our environment drive hereafter too,&rdquo; reads the statement issued by the bank.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10596',
			'image' => '20190606123957_nmb.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '10844',
			'article_category_id' => '266',
			'title' => 'Coca-Cola Pledges Working Towards a World Without Waste',
			'sub_title' => '',
			'summary' => 'June 6: Coca-Cola Nepal, along with its sustainability partners, has come up with pledge for a ‘World without Waste’ on the occasion of the World Environment Day.',
			'content' => '<div>
	June 6: Coca-Cola Nepal, along with its sustainability partners, has come up with pledge for a &lsquo;World without Waste&rsquo; on the occasion of the World Environment Day.</div>
<div>
	&nbsp;</div>
<div>
	According to the company, the World Without Waste is Coca-Cola&rsquo;s commitment to collect and recycle the equivalent of 100 percent of the packaging it sells by 2030.</div>
<div>
	&nbsp;</div>
<div>
	To achieve this, the company said it will continue to focus on designing its packaging to be 100 percent recyclable, while partnering with local communities, NGOs, industries, and consumers to collect and recycle packaging.</div>
<div>
	&nbsp;</div>
<div>
	Coca-Cola Nepal, during a press conference held in the capita on June 5, highlighted the joint efforts of all the stakeholders involved to achieve its waste management efforts.</div>
<div>
	&nbsp;</div>
<div>
	Coca-Cola Nepal along with its bottling partner, Bottlers Nepal Limited, recently partnered with Nepal Army, central, provincial and local governments, Nepal Mountaineering Association and Sagarmatha Pollution Control Committee (SPCC) in the largest ever joint initiative made to retrieve discarded garbage from Mt Everest.</div>
<div>
	&nbsp;</div>
<div>
	The campaign organised with the theme &ldquo;Clean our Pride&rdquo; aims to preserve the sanctity of the world&rsquo;s highest mountain and keep it pristine.</div>
<div>
	&nbsp;</div>
<div>
	Talking about the Mt Everest Clean Up Campaign 2019, Danduraj Ghimire, director general at the Department of Tourism, shared, &ldquo;We are very thankful to Nepal Army, SPCC, Coca-Cola in Nepal and Bottlers Nepal Limited for supporting the Mt Everest Clean Up campaign. This campaign was the first and largest initiative to collect garbage from the world&rsquo;s highest mountain and I am pleased to share that it has been a grand success as per our expectation. We hope similar support from Coca-Cola in Nepal and others from the private sectors in the coming days.&rdquo;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10595',
			'image' => '20190606122140_coke.jpg',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '10843',
			'article_category_id' => '1',
			'title' => 'New Parking Bay at TIA Expected to Ease Air Traffic Congestion',
			'sub_title' => '',
			'summary' => 'June 6: A new remote parking bay has come in operation at the Tribhuvan International Airport (TIA) from June 4, Tuesday. ',
			'content' => '<p>
	June 6: A new remote parking bay has come in operation at the Tribhuvan International Airport (TIA) from June 4, Tuesday. Likewise, the airport will operate another bay currently under construction within the next four months.&nbsp; &nbsp;</p>
<p>
	Civil Aviation Authority of Nepal (CAAN) has invested Rs 1.06 billion from the Airport Development Fund (ADF) for constructing the two new remote parking bays at the airport. The newly built bay is located in the northern side of the airport while the under construction bay lies to the southern part. Both the bays are capable of accommodating both small and large-sized aircraft.</p>
<p>
	According to TIA officials, the construction of remote parking bays is a part of TIA expansion plan.&nbsp;</p>
<p>
	Raj Kumar Chhetri, managing director of TIA, informed New Business Age that Boeing 757 of Nepal Airlines Corporation is currently parked at the new bay.&nbsp;&nbsp;</p>
<p>
	The bay can accommodate two wide-body or three narrow-body aircraft at a time.</p>
<p>
	Rajan Pokhrel, managing director of CAAN, informed that the operation of both the remote parking bays will ease the parking space problem at TIA.</p>
<p>
	&ldquo;TIA currently has only nine parking bays for international flight operators which are usually packed. Due to the increasing flight traffic, many flights have to hover over the city most of the time. The operation of two new remote parking bays will help ease the air traffic congestion at the airport,&rdquo; Pokhrel added.&nbsp;</p>
<p>
	According to Chhetri, CAAN has invested Rs 470 million for constructing the bay situated in the north-eastern part of the airport. Likewise, Rs 590 as been projected to be spent for the construction of the other bay situated in the southern part of TIA.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10594',
			'image' => '20190606085517_airport photos_post photo pradeep kumar shrestha (2).JPG',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '10842',
			'article_category_id' => '1',
			'title' => ''Human Capital Development a Key to Economic Growth'',
			'sub_title' => '',
			'summary' => 'June 6: Finance Minister Yuba Raj Khatiwada has underscored the need of skilled and  educated human resources for sustainable economic growth and development of the country. ',
			'content' => '<p>
	June 6: Finance Minister Yuba Raj Khatiwada has underscored the need of skilled and &nbsp;educated human resources for sustainable economic growth and development of the country. Finance Minister Khatiwada made such remarks during the inaugural ceremony of Bhutan-Nepal Human Capital Forum that began in the capital on Wednesday, June 5.</p>
<p>
	The two-day conference organised by the World Bank is being participated by high-level delegates from Nepal and Bhutan to devise strategies for investing more and better on human capital.</p>
<p>
	Addressing the event, Finance Minister Khatiwada said, &ldquo;A country is comprised of the collective strength of its people. When they are highly educated, healthy, skilled, and motivated, a thriving workforce can drive the country&rsquo;s growth and development. The government has accordingly prioritized education, health and drinking water while allocating budget for the next fiscal year. We will continue to work with all stakeholders to invest in people and ensure the creation and empowerment of a globally competitive population for the 21<sup>st</sup> century.&rdquo;</p>
<p>
	Nepal scored 0.49 out of the maximum possible score of one, in the Human Capital Index released by the World Bank in October 2018. This means that a child born today in Nepal will be only 49 per cent as productive when he or she grows up, as he or she could be if he or she enjoyed complete education and full health.</p>
<p>
	&ldquo;Although Nepal secured the second spot among its South Asian peers and did better than average for its region, more than half the potential is yet to be realised. It still needs to invest effectively and efficiently on access to quality health services, nutrition, education, employment skills and others to realize its potential,&rdquo; the World Bank said in a press statement.</p>
<p>
	Bhutan&rsquo;s Finance Secretary Dasho Nim Dorji, who led the Bhutanese delegation to Nepal, expressed the importance of enhancing human capital. &ldquo;As one of the early adopters of the World Bank&rsquo;s Human Capital Project, Bhutan remains committed to improve the level and quality of investment in our people,&rdquo; he said, &ldquo;For us, reduction of inequality across the region and access to quality services has always been a high priority,&rdquo; he added.</p>
<p>
	Bhutan performs better than its neighbors in stunting rates, according to the World Bank report. &ldquo;However, one out of five Bhutanese remain stunted. While Bhutan&rsquo;s adult survival rate is relatively satisfactory, the country needs to invest more in health services and access,&rdquo; states the report.</p>
<p>
	Speaking on the occasion, Faris Hadad-Zervos, country manager of World Bank for Nepal, said, &ldquo;Investing in the early years is one of the smartest investments a country can make to break the cycle of poverty, address inequality, and boost productivity later in life. There is an urgent need to allocate resources for the physical, cognitive, and emotional development of children to ensure future productivity of individuals and increase economic competitiveness of nations.&rdquo;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-06',
			'modified' => '2019-06-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10593',
			'image' => '20190606083855_2.JPG',
			'article_date' => '2019-06-06 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '20'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '10841',
			'article_category_id' => '1',
			'title' => 'Insurance Coverage for Lemon and Orange Farming',
			'sub_title' => '',
			'summary' => 'June 5: The Insurance Board of Nepal has prepared separate drafts of insurance coverage for lemon and orange farming. ',
			'content' => '<p>
	June 5: The Insurance Board of Nepal has prepared separate drafts of insurance coverage for lemon and orange farming. The drafts have been approved by the Board of Directors of IBN. Deputy Director of the board, Kundan Sapkota, informed New Business Age that the insurance coverage will come into effect once the board issues a circular to the insurance companies regarding this decision. He added that the farmers can now on purchase insurance policy for their products (fruits) as well as plants.</p>
<p>
	The insurance will cover the losses caused by fire, lightening, earthquakes, floods, accidents and loss due to pests and diseases.</p>
<p>
	Farmers can also avail accidental death insurance worth Rs 200,000 under this. However, the insurance will not cover casualties of war, encroachment, and loss of farming due to civil war. Likewise, loss due to the negligence of the farmer and their family will not be compensated.</p>
<p>
	The insurance amount will be determined on the basis of the number and price of plants (orange, lemon), production rate. The insurance amount should be certified by agriculture knowledge center of the district or government office related to agriculture.</p>
<p>
	The farmers will have to submit the 5 percent insurance premium of the insured amount. Similarly, Rs 100 should be paid yearly for accidental death insurance.</p>
<p>
	In order to avail the insurance coverage, the plants should have to be planted between May 29 to August 31. After a year of plantation, farmers will be able to claim the insurance. The insurance coverage will remain valid as long as the plants bear fruits.</p>
<p>
	To claim the insurance, farmers will have to inform the insurance company about the loss within 24 hours and they should make a formal approach to make the claim within a week.</p>
<p>
	According to the insurance policy, farmers can claim the insurance if the loss is more than five percent. The company will pay up to 90 percent of the actual damage.</p>
<p>
	<br />
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-05',
			'modified' => '2019-06-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10592',
			'image' => '20190605051816_20190220125347_aaa.jpg',
			'article_date' => '2019-06-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '10840',
			'article_category_id' => '1',
			'title' => 'Government Allocates Rs 40.73 Billion for Urban Development',
			'sub_title' => '',
			'summary' => 'June 5: The government has once again included the concept of “smart city” in the budget just like in the past.',
			'content' => '<p>
	June 5: The government has once again included the concept of &ldquo;smart city&rdquo; in the budget just like in the past. The proposal of developing smart cities was limited to slogan in the current fiscal year.</p>
<p>
	The government has allocated Rs 40.73 billion under the head of urban infrastructure for the upcoming fiscal year. The budget also mentions about conducting feasibility studies for developing mega cities and smart cities under the same head.</p>
<p>
	The Integrated Urban Infrastructure Development Master Plan introduced last year has got continuity even in the current FY.</p>
<p>
	The government will now conduct feasibility studies to develop fast growing cities like Kathmandu, Biratnagar, Itahari, Birgunj, Jitpur (Simara), Pokhara, Siddharthanagar, Kohalpur, Attariya into mega cities.</p>
<p>
	The budget also states that the government will prepare a master plan to develop all 185 municipalities across the country into well-managed cities.</p>
<p>
	The government has allocated Rs 1.98 billion to develop 27 modern cities in suitable places along the Mid-Hill Highway.</p>
<p>
	The budget has also mentioned of plans to properly managing the natural resources, river corridors, roads, transportation, sewage, garbage as well as heritage sites of the Kathmandu Valley in the upcoming fiscal year.</p>
<p>
	The government also plans to properly manage the footpaths of the capital city in order to reduce dust pollution.</p>
',
			'published' => true,
			'created' => '2019-06-05',
			'modified' => '2019-06-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10591',
			'image' => '20190605040539_aaa.jpeg',
			'article_date' => '2019-06-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => null,
			'user_id' => '20'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '10839',
			'article_category_id' => '266',
			'title' => 'Qatar Airways Hosts a Fun Day for Children of Orphanages in Kathmandu ',
			'sub_title' => '',
			'summary' => 'June 5: Qatar Airways, in partnership with Qatar Charity, organised a fun-filled activity for 100 children from four orphanages in Kathmandu to mark the holy month of Ramadan and Eid.',
			'content' => '<p>
	June 5: Qatar Airways, in partnership with Qatar Charity, organised a fun-filled activity for 100 children from four orphanages in Kathmandu to mark the holy month of Ramadan and Eid.</p>
<p>
	According to Qatar Airways, the children were distributed gifts and also offered magic show, face painting, bouncy castles and games with prizes at Hotel Annapurna during the recent event.</p>
<p>
	The event was attended by children of Prayas Nepal, Underprivileged Children&rsquo;s Education Program (UCEP) Nepal, Maitreya Foundation Nepal and Shangrila Orphanage Home.</p>
<p>
	Qatar Airways Country Head for Nepal, Mohamed El Emam, said, &ldquo;We are greatly pleased to be able to bring a smile to these children with our CSR event as a part of Eid celebrations made by Qatar Airways. This initiative, conducted in partnership with Qatar Charity, is just one of the ways in which we demonstrate our commitment to giving back to the community of Nepal and we are truly grateful to have made a difference to the children from these orphanages.&rdquo;</p>
<p>
	The airline company said that Corporate Social Responsibility is an important part of Qatar Airways&rsquo; values. The airline is a supporter of the Educate A Child (EAC) programme, an initiative that provides educational opportunities to children without access to education due to constraints such as extreme poverty, cultural barriers and conflict-affected environments.</p>
<p>
	Qatar Airways is also the Official Airline Partner of Orbis, an organisation which works to prevent avoidable blindness in areas of need. Working with a global team of volunteers and the world&rsquo;s leading ophthalmic medical experts, Orbis runs long-term programmes in 18 countries, including India, Bangladesh, Ethiopia and Zambia, among others.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-06-05',
			'modified' => '2019-06-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '10590',
			'image' => '20190605034331_qatar (1).jpg',
			'article_date' => '2019-06-05 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '20'
		)
	)
)
$current_user = null
$logged_in = false
$xml = false
simplexml_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