Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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			'id' => '9815',
			'article_category_id' => '266',
			'title' => 'NIBL to Distribute 40 Percent Dividend',
			'sub_title' => '',
			'summary' => 'Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders.',
			'content' => '<p>
	January 14: Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders. Issuing a press statement, the bank said that the decision was approved by the 32nd Annual General Meeting (AGM) of the bank held in the capital on January 13.</p>
<p>
	According to the bank, the 40 percent dividend includes 18 percent stock dividend and 22 percent cash dividend.</p>
<p>
	The statement further said that the bank earned an operating profit of Rs 4.95 billion in the last fiscal year, which was up by 0.27 billion as compared to the previous fiscal year.</p>
<p>
	The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.</p>
<p>
	The bank claimed that&nbsp; it has a customer base of more than 900,000 customers and has been providing services through a network of 78 branches, eight extension counters and 109 ATM across the country. NIBL also leads a consortium of 14 Visa associate banks and seven NPN member banks.</p>
<p>
	During the fiscal year 2074-2075, NIBL Capital Markets Ltd a wholly owned subsidiary of Nepal Investment Bank Limited acquired Ace Capital Limited to form NIBL Ace Capital Limited. It has become Nepal&rsquo;s largest merchant bank to have paid-up capital of Rs 27 million with its branches located at Laldurbar, Lagankhel, Pokhara, Butwal, Birgunj and Biratnagar.</p>
<p>
	NIBL claimed that it is the only bank in the country to have received the &ldquo;Bank of the Year Award&rdquo; five times from Financial Times Group&rsquo;s The Banker, a UK based bank magazine.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-01-22',
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			'description' => '',
			'sortorder' => '9586',
			'image' => '20190122113949_NIBL 32nd AGM (2).jpg',
			'article_date' => '2019-01-14 00:00:00',
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			'id' => '9814',
			'article_category_id' => '266',
			'title' => 'Himalayan Bank to distribute Bonus Share',
			'sub_title' => '',
			'summary' => 'January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its shareholders',
			'content' => '<p>
	January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its shareholders. The decision was approved by the 26<sup>th</sup> Annual General Meeting of the bank held in the capital on Monday, January 14.</p>
<p>
	The bank said in a statement that the AGM chaired by the bank&rsquo;s chairman Manoj Bahadur Shrestha declared five percent bonus share and 10.78 percent cash dividend on the paid-up capital to the shareholders. After issuance of the bonus shares, the bank&rsquo;s paid-up capital will be Rs 8.52 billion.</p>
<p>
	Shrestha presented the bank&#39;s annual report for the fiscal year 2017/18. Presenting the report, Chairman Shrestha stated that the bank is continuously improving its services because of the trust of its valued customers and creative effort of the management.</p>
<p>
	Highlighting the bank&rsquo;s various activities, Chairman Shrestha stated that the bank aims to open six new branches. He added that the bank will install additional ATMs in various parts of the country in the current fiscal year.</p>
<p>
	According to Shrestha, the bank will complete 26 years of service on January 18.&nbsp; &nbsp; &nbsp;&nbsp;</p>
',
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			'modified' => '2019-01-22',
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			'description' => '',
			'sortorder' => '9585',
			'image' => '20190122113003_hbl.JPG',
			'article_date' => '2019-01-16 00:00:00',
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		'Article' => array(
			'id' => '9812',
			'article_category_id' => '1',
			'title' => 'Chaudhary Foundation Distributes Artificial Limbs',
			'sub_title' => '',
			'summary' => 'Chaudhary Foundation in collaboration with Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS) has started a campaign to distribute 500 artificial limbs for the needy people with physical disabilities.',
			'content' => '<p>
	January 14: Chaudhary Foundation in collaboration with Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS) has started a campaign to distribute 500 artificial limbs for the needy people with physical disabilities.</p>
<p>
	Deputy Prime Minister and Minister for Health and Population, Updendra Yadav, and President of Chaudhary Foundation Binod Chaudhary jointly inaugurated the campaign amid a function organized at Norvic International Hospital (NIH) in Kathmandu on Sunday, January 13.</p>
<p>
	Under this campaign, Chaudhary Foundation has already distributed 51 artificial limbs to persons without limbs. Speaking at the event, Chaudhary said that the organization will be organizing another camp in Nawalparasi to distribute artificial limbs to the needy persons.</p>
<p>
	Chaudhary Foundation stated that there are almost 100,000 people in Nepal who need artificial limbs.</p>
',
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			'created' => '2019-01-22',
			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9583',
			'image' => '20190122112515_Pic-1.jpg',
			'article_date' => '2019-01-22 00:00:00',
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		'Article' => array(
			'id' => '9811',
			'article_category_id' => '1',
			'title' => 'Government Preparing to Increase the Price of Sugar',
			'sub_title' => '',
			'summary' => 'The government has reportedly decided to increase the price of sugar.',
			'content' => '<p>
	January 14: The government has reportedly decided to increase the price of sugar. The government took such step based on the recommendation of a report prepared by a government commission in collaboration with the National Planning Commission to set the scientific price of sugarcane and sugar.</p>
<p>
	The sugar industries had been pressing the government to increase the price of sugar stating that the industries were facing loss.</p>
<p>
	An informed source told New Business Age that the government is preparing to set the price of sugar between Rs 80 to Rs 100. Discussions were held at the Department of Commerce, Supply and Consumer Protection on Sunday, January 13.</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-01-22',
			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9582',
			'image' => '20190122112310_sugar-09.jpeg',
			'article_date' => '2019-01-14 00:00:00',
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		'Article' => array(
			'id' => '9810',
			'article_category_id' => '1',
			'title' => 'Government to Form New Strategy to Promote Export',
			'sub_title' => '',
			'summary' => 'The government is preparing a separate export strategy for the top five export destination countries of Nepali products.',
			'content' => '<p>
	January 14: The government is preparing a separate export strategy for the top five export destination countries of Nepali products. The Ministry of Industry, Commerce and Supply said that the government is preparing to adopt a new strategy for chief recipient countries of Nepali products as the national strategy on export has posed some problems for conducting businesses with those countries.</p>
<p>
	Nepal exports maximum amount of goods to India, USA, Turkey, Germany and the United Kingdom.</p>
<p>
	Secretary at the Ministry of Industry, Commerce and Supply, Chandra Kumar Ghimire, told New Business Age that the government is preparing the new strategy to mixamize exports of Nepali products.</p>
<p>
	&ldquo;The same national policy while dealing with different countries has posed problems in conducting business,&rdquo; he said.</p>
<p>
	The ministry expects the new strategy to help in increasing export at a time when the country is witnessing increase in import day by day.</p>
<p>
	According to Ghimire, the government is working to identify the export products and them prepare strategy accordingly.</p>
<p>
	Secretary Ghimire said that the ministry will prepare the new strategy within two months. This strategy will determine the roadmap of Nepal&rsquo;s trade with foreign countries.</p>
<p>
	In the recent years, the country&rsquo;s trade deficit is widening due to the massive increase in import while the export remains minimal. The ministry believes that the recent surge in import is also due to the effect of the devastating earthquakes of 2015 which has triggered the reconstruction process.</p>
<p>
	Nepal&rsquo;s chief imports include petroleum products, iron, steel, machinery parts and transportation vehicles, according to the Trade and Export Promotion Center . The country&rsquo;s trade deficit in the last five months stood at Rs 569 billion. The ministry said that the country needs to produce products of export quality in order to reduce trade deficit.</p>
<p>
	Economist Dr Poshraj Pandey says that it is good to import products for construction and development but the economy will have negative impact if we heavily import luxury goods.</p>
',
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			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9581',
			'image' => '20190122112126_Promote Export.jpg',
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		'Article' => array(
			'id' => '9809',
			'article_category_id' => '1',
			'title' => 'Police rescue 16 missing in Phulchowki',
			'sub_title' => '',
			'summary' => 'The Metropolitan Police Range Lalitpur rescued 16 adolescents who lost their way in course of trekking in Phulchowki area this weekend.',
			'content' => '<div>
	<p>
		January 14: The Metropolitan Police Range Lalitpur rescued 16 adolescents who lost their way in course of trekking in Phulchowki area this weekend. According to Rastriya Samachar Samiti (RSS), the rescued children were handed over to their guardians.</p>
	<p>
		The state-run news agency reported that the missing adolescents include 12 boys and four girls. Their family sources said that the siblings who went there en masse for trekking on Saturday had lost their way in the forest.</p>
	<p>
		Police launched search and rescue operation acting on the information that the adolescents went missing in the Phulchowki forest at around 4.00 pm Saturday, said Shekhar Khanal, cpokesperson of the Range.</p>
	<p>
		Seven teams including police personnel were mobilized for the search operation.</p>
	<p>
		The adolescents were rescued from a gorge in the middle of the forest which lies 10-km away from Godavari Bus Park.</p>
	<p>
		&ldquo;We handed the siblings to their parents on Saturday night,&rdquo; he Khanal.</p>
	<p>
		There has been a huge flow of youths to Phulchowki, especially in the winter season, for trekking.</p>
	<p>
		Of late, the numerous incidents of disappearance of trekkers have been reported in the forest area of the high hill, which lies in the south-eastern part of the Kathmandu valley.</p>
	<p>
		Last year too, John Tamang, a school student, lost his way and was rescued from the forest after a week of his disappearance.</p>
</div>
<p>
	&nbsp;</p>
',
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			'created' => '2019-01-22',
			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9580',
			'image' => '20190122111416_Phulchowki_Hill.jpg',
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		'Article' => array(
			'id' => '9808',
			'article_category_id' => '1',
			'title' => 'Taskforce Formed to Solve Problems of Koshi Corridor Transmission Line',
			'sub_title' => '',
			'summary' => 'A taskforce has been formed to solve the problems facing the Koshi corridor transmission line project in Dharan area.',
			'content' => '<div>
	<p>
		January 14: A taskforce has been formed to solve the problems facing the Koshi corridor transmission line project in Dharan area, according to a news report published by Rastriya Samachar Samiti (RSS). Nepal Electricity Authority (NEA) informed that a taskforce has been formed under the coordination of Chief District Officer of Sunsari, Prem Prakash Uprety. It will submit the report to the Chief Minister of Province1, Sherdhan Rai, within a week, RSS further said.<br />
		The members of the taskforce includes project chief, engineer at Dharan Sub Metropolis, stakeholders committee, contractor company, consultant company, and the representatives of the political parties at local level.<br />
		Dharan Sub Metropolis has argued that the transmission line will negatively affect the tourism areas of &nbsp;Ward No 20 where the problems on the transmission have surfaced.<br />
		Ward 20 urged the NEA in written to bypass the line. As a result, the construction work has been halted.<br />
		The NEA however has said the issues raised by Ward 20 are not serious, because the transmission line would not affect the area.</p>
	<p>
		According to the NEA, the construction could not be diverted as most of the process is over.<br />
		Meanwhile, the state-run news agency RSS reported that Chief Minister Rai has stressed that the Koshi corridor transmission line needs timely accomplishment because Province 1 was planning to bring investment in hydropower.<br />
		However, Acting Mayor of Dharan Sub Metropolis Manju Bhandari viewed that they were neither for thwarting the transmission line nor against development.<br />
		The NEA has proposed to set up the transmission line via Bhedetar-Chhoti, Morag-Sardu, Jaladhar area-Tamakham-Salbote-Chinde, and Danda-Bhyangjyan-Gorkha Memorail Park-Jalkanya Community Forest.<br />
		But, the Sub Metropolis wants to have the line via Bhedetar-Chulikot (Ghumaunedanda) to Khaire-Kokaha river-Bhaludhunga.&nbsp;</p>
</div>
<p>
	&nbsp;</p>
',
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			'created' => '2019-01-22',
			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9579',
			'image' => '20190122103104_clouds-electricity-energy.jpg',
			'article_date' => '2019-01-14 00:00:00',
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	(int) 7 => array(
		'Article' => array(
			'id' => '9804',
			'article_category_id' => '266',
			'title' => 'Global IME Bank to Distribute 16 Percent Bonus Share',
			'sub_title' => '',
			'summary' => 'January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable  profit of last fiscal year.',
			'content' => '<p style="margin-left:5.0pt">January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable &nbsp;profit of last fiscal year. The 12<sup>th</sup> Annual General Meeting of the bank approved the decision on January 12. After the distribution of the bonus share, the bank&rsquo;s paid-p capital will reach Rs 10.31 billon, the bank said in a statement.</p>

<p style="margin-left:5.0pt">The bank has been providing services through a network of 133 branches, 1214 ATMs, seven extension counters, 15 revenue collection counters and 116 branchless banking facilities across the country.</p>
',
			'published' => true,
			'created' => '2019-01-13',
			'modified' => '2019-01-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9578',
			'image' => '20190113041632_12.jpg',
			'article_date' => '2019-01-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'user_id' => '20'
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	(int) 8 => array(
		'Article' => array(
			'id' => '9803',
			'article_category_id' => '266',
			'title' => 'Chairman of Nepal Bank Limited Takes Oath of Office',
			'sub_title' => '',
			'summary' => 'January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank Limited.',
			'content' => '<p>January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank Limited. Nepal Rastra Bank&rsquo;s Governor Dr Chiranjivi Nepal administered oath of office and secrecy to Adhikari amid a recent function, said the bank in a statement released on January 12.</p>

<p>Adhikari holds MA degrees in Nepali and Public Administration from Tribhuvan University. Adhikari, who had a distinguished career at the central bank of Nepal for 30 years, retired from service last year. Adhikari takes the charge of the board of directors of the bank from Janardan Sharma Acharya, who stepped down after completion of his four-year term last month, according to the bank.</p>

<p>&nbsp;</p>
',
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			'created' => '2019-01-13',
			'modified' => '2019-01-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9577',
			'image' => '20190113040950_Oath Taking Ceremony NBL.jpg',
			'article_date' => '2019-01-13 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '9802',
			'article_category_id' => '266',
			'title' => 'Samsung Plaza announces TV Exchange offer',
			'sub_title' => '',
			'summary' => 'January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED TV.',
			'content' => '<p>January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED TV.</p>

<p>Samsung Plaza&nbsp;said in a statement that its customers can exchange any CRT TV&nbsp;of any brand&nbsp;with a new one effective from January 11. Under this offer, maximum valuation will be provided for their old television sets.</p>

<p>However, customers willing to exchange their TVs&nbsp;can avail this offer only in Bhaktapur-based Samsung Plaza located near Barahi Cinema&nbsp;Hall and Nayabazar Plaza. Samsung Plaza said that the offer will be available from&nbsp;10.30 am till&nbsp;7&nbsp;pm and will be valid till January 18.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-13',
			'modified' => '2019-01-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9576',
			'image' => '20190113014748_Mnemonic.jpg',
			'article_date' => '2019-01-13 00:00:00',
			'homepage' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '9801',
			'article_category_id' => '266',
			'title' => 'Himalayan Bank Introduces Chip and Pin-Based Mastercard Debit Card',
			'sub_title' => '',
			'summary' => 'January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its customers.',
			'content' => '<p>January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its customers. The bank said in a statement that the Himalayan Bank Mastercard Debit Card (Domestic) offers cardholders discounts of up to 20 percent on purchases at selected merchants including hotels, restaurants, pubs, clothing stores within the country.</p>

<p>As a part of the launch offer, the bank is issuing Mastercard branded debit cards without any charges to new account holders. The bank said it is also offering attractive cash backs on POS transactions within Nepal.</p>

<p>Ashoke SJB Rana, chief executive officer of Himalayan Bank, and Porush Singh, division president of Mastercard for South Asia, formally launched the debit card at a press meet organized at the corporate office of the bank on Friday, January 11.</p>

<p>Commenting on the initiative, CEO Rana said, &ldquo;We are pleased to partner with Mastercard in Nepal. Our partnership with Mastercard is based on our mutual belief and commitment in bringing unparalleled value to our customers.&rdquo; He further added that the card will be secured with chip and PIN and can be used at most of the ATM and POS terminals across Nepal and in India.</p>

<p>Meanwhile Singh said, &ldquo;Nepal has been making rapid advances towards digitisation. Mastercard is privileged to support this journey with the launch of the Himalayan Bank Mastercard Debit Card in partnership with Himalayan Bank. It is our strong belief that debit cards are the bedrock of a digitally empowered society. This product will encourage people to experience the convenience, safety and security offered by digital payments. It is also a testimony of Mastercard&rsquo;s commitment to enable a less cash economy in Nepal.&rdquo;</p>

<p>Customers can obtain the Himalayan Bank Mastercard Debit Card from all 57 branches of Himalayan Bank Limited and can be used without any charges at all the 111 ATMs of HBL. Customers can also use the card without any charges for POS transactions in Nepal and India.</p>

<p>&nbsp;</p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '9575',
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	(int) 11 => array(
		'Article' => array(
			'id' => '9800',
			'article_category_id' => '266',
			'title' => 'Everest Bank Launches Two New Accounts with Insurance Facility',
			'sub_title' => '',
			'summary' => 'January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary Account.',
			'content' => '<p>January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary Account.</p>

<p>Everest Bank said in a statement that its customers opening the Matribhumi Bachhat Khata will get insurance facility up to Rs 500,000 with many other &ldquo;attractive benefits&rdquo;. Likewise, the customers who open the Corporate Salary Account with get insurance and advance salary facilities, said the statement.</p>

<p>&nbsp;The announcement was made amid a function held at its head office in Lazimpat on January 10.</p>

<p>The bank said it launched the Matribhumi Bhachat Kahata with an aim to ensure safety of the hard earned money of Nepali migrant workers offering them a good return.</p>

<p>Likewise, both the employer and the employees can benefit from the bank&rsquo;s scheme under the Corporate Salary Account.</p>

<p>EBL claimed that it currently has a customer base of over 1 million people and is providing its services through a network of 86 branches, three extension counters, 28 revenue collection counters and 116 ATMs across the country.</p>
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			'id' => '9797',
			'article_category_id' => '1',
			'title' => 'NRB asks Banks to Open on Saturdays',
			'sub_title' => '',
			'summary' => 'January 13: Nepal Rastra Bank has directed banks and financial institutions (BFIs) providing revenue deposit service to open their counters on Saturdays as well. ',
			'content' => '<p>January 13: Nepal Rastra Bank has directed banks and financial institutions (BFIs) providing revenue deposit service to open their counters on Saturdays as well.&nbsp;</p>

<p>According to a news report published by Rastriya Samachar Samiti (RSS), the BFIs have been asked to keep their counters open throughout the day on Saturday in order to receive revenue collection. The central bank&rsquo;s Executive Director Narayan Prasad Poudel said that the directive to commercial banks and financial institutions was issued as per the request of the finance ministry.&nbsp;<br />
Likewise, Nepal Clearing House Limited has also been directed to remain open as normal days to carry out the clearing of cheques related to revenue deposits, RSS further said.</p>

<p>The central bank issued the directive to banks of class A, B and C, as well as financial institutions.&nbsp;</p>
',
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			'created' => '2019-01-13',
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			'description' => '',
			'sortorder' => '9573',
			'image' => '20190113035057_Nepal Rastrra Bank.jpg',
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		'Article' => array(
			'id' => '9799',
			'article_category_id' => '1',
			'title' => 'Start-up Presents Kit to Find Adulteration in Milk',
			'sub_title' => '',
			'summary' => 'January 13: Start-ups presenting concepts of a kit that helps find adulteration in milk and zero energy cold storage have won cash prize of Rs 100,000 each.',
			'content' => '<p>January 13: Start-ups presenting concepts of a kit that helps find adulteration in milk and zero energy cold storage have won cash prize of Rs 100,000 each.</p>

<p>According to Rastriya Samachar Samiti (RSS), the prizes were presented in the third edition of the &lsquo;Swiss Nepal Technology Transfer&rsquo; workshop 2019 held in Kathmandu on Friday, January 11.</p>

<p>&nbsp;The workshop was organized by Nepalese Scientific Association Switzerland (NEPSAS), an organization of Nepalis studying and working in Switzerland.</p>

<p>Issuing a statement, the organiser said that the one with the best prototype among the two start-ups will get a chance to represent Nepal in the upcoming World Innovation Forum.</p>

<p>A total of 80 competitors had been selected from among more than 500 applicants for the prize. They were divided into different groups and were provided training for four days at GATE College in Kathmandu by experts in the field of technology and business, reads a statement issued by the organiser.</p>

<p>NEPSAS has been promoting start-up based on science and technology in the country with the objective of discouraging brain drain and to nurture the talents within the country.</p>
',
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			'created' => '2019-01-13',
			'modified' => '2019-01-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9572',
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		'Article' => array(
			'id' => '9798',
			'article_category_id' => '1',
			'title' => 'Call for Increased Investment to Promote Religious Tourism',
			'sub_title' => '',
			'summary' => 'January 13: Experts have called for increased investment in the tourism sector to benefit from the huge potential of Buddhist pilgrimage in Nepal, according to a news report published by Rastriya Samachar Samiti (RSS).',
			'content' => '<p>January 13: Experts have called for increased investment in the tourism sector to benefit from the huge potential of Buddhist pilgrimage in Nepal, according to a news report published by Rastriya Samachar Samiti (RSS).</p>

<p>Speaking at a day-long seminar organized by the Lumbini Buddhist University in Lumbini on Saturday, they said Buddhist philosophy was the foundation of Nepal&rsquo;s tourism, and hence it needs to be promoted.</p>

<p>According to RSS, vice-chair of the Lumbini Development Trust, Bhikshu Metteya, said the government should come up with an appropriate policy to increase investment in promoting religions tourism in the country.</p>

<p>&ldquo;India has invested a project worth Rs 40 billion in Buddhist tourism, and that has led to economic progress,&rdquo; RSS quoted Metteya as saying.</p>

<p>Dean of the University, Manik Ratna Shakya, also called for a concrete government plan to expand Buddhist philosophy while chief of the campus Fanindra Neupane stressed on support and collaboration of all to the University to further promote Buddhist philosophy.</p>

<p>Tourism entrepreneur Hem Bista stressed on the need to come up with programmes to increase the stay of tourists in Lumbini.</p>
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		'Article' => array(
			'id' => '9815',
			'article_category_id' => '266',
			'title' => 'NIBL to Distribute 40 Percent Dividend',
			'sub_title' => '',
			'summary' => 'Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders.',
			'content' => '<p>
	January 14: Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders. Issuing a press statement, the bank said that the decision was approved by the 32nd Annual General Meeting (AGM) of the bank held in the capital on January 13.</p>
<p>
	According to the bank, the 40 percent dividend includes 18 percent stock dividend and 22 percent cash dividend.</p>
<p>
	The statement further said that the bank earned an operating profit of Rs 4.95 billion in the last fiscal year, which was up by 0.27 billion as compared to the previous fiscal year.</p>
<p>
	The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.</p>
<p>
	The bank claimed that&nbsp; it has a customer base of more than 900,000 customers and has been providing services through a network of 78 branches, eight extension counters and 109 ATM across the country. NIBL also leads a consortium of 14 Visa associate banks and seven NPN member banks.</p>
<p>
	During the fiscal year 2074-2075, NIBL Capital Markets Ltd a wholly owned subsidiary of Nepal Investment Bank Limited acquired Ace Capital Limited to form NIBL Ace Capital Limited. It has become Nepal&rsquo;s largest merchant bank to have paid-up capital of Rs 27 million with its branches located at Laldurbar, Lagankhel, Pokhara, Butwal, Birgunj and Biratnagar.</p>
<p>
	NIBL claimed that it is the only bank in the country to have received the &ldquo;Bank of the Year Award&rdquo; five times from Financial Times Group&rsquo;s The Banker, a UK based bank magazine.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'sortorder' => '9586',
			'image' => '20190122113949_NIBL 32nd AGM (2).jpg',
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		'Article' => array(
			'id' => '9814',
			'article_category_id' => '266',
			'title' => 'Himalayan Bank to distribute Bonus Share',
			'sub_title' => '',
			'summary' => 'January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its shareholders',
			'content' => '<p>
	January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its shareholders. The decision was approved by the 26<sup>th</sup> Annual General Meeting of the bank held in the capital on Monday, January 14.</p>
<p>
	The bank said in a statement that the AGM chaired by the bank&rsquo;s chairman Manoj Bahadur Shrestha declared five percent bonus share and 10.78 percent cash dividend on the paid-up capital to the shareholders. After issuance of the bonus shares, the bank&rsquo;s paid-up capital will be Rs 8.52 billion.</p>
<p>
	Shrestha presented the bank&#39;s annual report for the fiscal year 2017/18. Presenting the report, Chairman Shrestha stated that the bank is continuously improving its services because of the trust of its valued customers and creative effort of the management.</p>
<p>
	Highlighting the bank&rsquo;s various activities, Chairman Shrestha stated that the bank aims to open six new branches. He added that the bank will install additional ATMs in various parts of the country in the current fiscal year.</p>
<p>
	According to Shrestha, the bank will complete 26 years of service on January 18.&nbsp; &nbsp; &nbsp;&nbsp;</p>
',
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			'created' => '2019-01-22',
			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9585',
			'image' => '20190122113003_hbl.JPG',
			'article_date' => '2019-01-16 00:00:00',
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		'Article' => array(
			'id' => '9812',
			'article_category_id' => '1',
			'title' => 'Chaudhary Foundation Distributes Artificial Limbs',
			'sub_title' => '',
			'summary' => 'Chaudhary Foundation in collaboration with Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS) has started a campaign to distribute 500 artificial limbs for the needy people with physical disabilities.',
			'content' => '<p>
	January 14: Chaudhary Foundation in collaboration with Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS) has started a campaign to distribute 500 artificial limbs for the needy people with physical disabilities.</p>
<p>
	Deputy Prime Minister and Minister for Health and Population, Updendra Yadav, and President of Chaudhary Foundation Binod Chaudhary jointly inaugurated the campaign amid a function organized at Norvic International Hospital (NIH) in Kathmandu on Sunday, January 13.</p>
<p>
	Under this campaign, Chaudhary Foundation has already distributed 51 artificial limbs to persons without limbs. Speaking at the event, Chaudhary said that the organization will be organizing another camp in Nawalparasi to distribute artificial limbs to the needy persons.</p>
<p>
	Chaudhary Foundation stated that there are almost 100,000 people in Nepal who need artificial limbs.</p>
',
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			'created' => '2019-01-22',
			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9583',
			'image' => '20190122112515_Pic-1.jpg',
			'article_date' => '2019-01-22 00:00:00',
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		'Article' => array(
			'id' => '9811',
			'article_category_id' => '1',
			'title' => 'Government Preparing to Increase the Price of Sugar',
			'sub_title' => '',
			'summary' => 'The government has reportedly decided to increase the price of sugar.',
			'content' => '<p>
	January 14: The government has reportedly decided to increase the price of sugar. The government took such step based on the recommendation of a report prepared by a government commission in collaboration with the National Planning Commission to set the scientific price of sugarcane and sugar.</p>
<p>
	The sugar industries had been pressing the government to increase the price of sugar stating that the industries were facing loss.</p>
<p>
	An informed source told New Business Age that the government is preparing to set the price of sugar between Rs 80 to Rs 100. Discussions were held at the Department of Commerce, Supply and Consumer Protection on Sunday, January 13.</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-01-22',
			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9582',
			'image' => '20190122112310_sugar-09.jpeg',
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	(int) 4 => array(
		'Article' => array(
			'id' => '9810',
			'article_category_id' => '1',
			'title' => 'Government to Form New Strategy to Promote Export',
			'sub_title' => '',
			'summary' => 'The government is preparing a separate export strategy for the top five export destination countries of Nepali products.',
			'content' => '<p>
	January 14: The government is preparing a separate export strategy for the top five export destination countries of Nepali products. The Ministry of Industry, Commerce and Supply said that the government is preparing to adopt a new strategy for chief recipient countries of Nepali products as the national strategy on export has posed some problems for conducting businesses with those countries.</p>
<p>
	Nepal exports maximum amount of goods to India, USA, Turkey, Germany and the United Kingdom.</p>
<p>
	Secretary at the Ministry of Industry, Commerce and Supply, Chandra Kumar Ghimire, told New Business Age that the government is preparing the new strategy to mixamize exports of Nepali products.</p>
<p>
	&ldquo;The same national policy while dealing with different countries has posed problems in conducting business,&rdquo; he said.</p>
<p>
	The ministry expects the new strategy to help in increasing export at a time when the country is witnessing increase in import day by day.</p>
<p>
	According to Ghimire, the government is working to identify the export products and them prepare strategy accordingly.</p>
<p>
	Secretary Ghimire said that the ministry will prepare the new strategy within two months. This strategy will determine the roadmap of Nepal&rsquo;s trade with foreign countries.</p>
<p>
	In the recent years, the country&rsquo;s trade deficit is widening due to the massive increase in import while the export remains minimal. The ministry believes that the recent surge in import is also due to the effect of the devastating earthquakes of 2015 which has triggered the reconstruction process.</p>
<p>
	Nepal&rsquo;s chief imports include petroleum products, iron, steel, machinery parts and transportation vehicles, according to the Trade and Export Promotion Center . The country&rsquo;s trade deficit in the last five months stood at Rs 569 billion. The ministry said that the country needs to produce products of export quality in order to reduce trade deficit.</p>
<p>
	Economist Dr Poshraj Pandey says that it is good to import products for construction and development but the economy will have negative impact if we heavily import luxury goods.</p>
',
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			'modified' => '2019-01-22',
			'keywords' => '',
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			'sortorder' => '9581',
			'image' => '20190122112126_Promote Export.jpg',
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		'Article' => array(
			'id' => '9809',
			'article_category_id' => '1',
			'title' => 'Police rescue 16 missing in Phulchowki',
			'sub_title' => '',
			'summary' => 'The Metropolitan Police Range Lalitpur rescued 16 adolescents who lost their way in course of trekking in Phulchowki area this weekend.',
			'content' => '<div>
	<p>
		January 14: The Metropolitan Police Range Lalitpur rescued 16 adolescents who lost their way in course of trekking in Phulchowki area this weekend. According to Rastriya Samachar Samiti (RSS), the rescued children were handed over to their guardians.</p>
	<p>
		The state-run news agency reported that the missing adolescents include 12 boys and four girls. Their family sources said that the siblings who went there en masse for trekking on Saturday had lost their way in the forest.</p>
	<p>
		Police launched search and rescue operation acting on the information that the adolescents went missing in the Phulchowki forest at around 4.00 pm Saturday, said Shekhar Khanal, cpokesperson of the Range.</p>
	<p>
		Seven teams including police personnel were mobilized for the search operation.</p>
	<p>
		The adolescents were rescued from a gorge in the middle of the forest which lies 10-km away from Godavari Bus Park.</p>
	<p>
		&ldquo;We handed the siblings to their parents on Saturday night,&rdquo; he Khanal.</p>
	<p>
		There has been a huge flow of youths to Phulchowki, especially in the winter season, for trekking.</p>
	<p>
		Of late, the numerous incidents of disappearance of trekkers have been reported in the forest area of the high hill, which lies in the south-eastern part of the Kathmandu valley.</p>
	<p>
		Last year too, John Tamang, a school student, lost his way and was rescued from the forest after a week of his disappearance.</p>
</div>
<p>
	&nbsp;</p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '9580',
			'image' => '20190122111416_Phulchowki_Hill.jpg',
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		'Article' => array(
			'id' => '9808',
			'article_category_id' => '1',
			'title' => 'Taskforce Formed to Solve Problems of Koshi Corridor Transmission Line',
			'sub_title' => '',
			'summary' => 'A taskforce has been formed to solve the problems facing the Koshi corridor transmission line project in Dharan area.',
			'content' => '<div>
	<p>
		January 14: A taskforce has been formed to solve the problems facing the Koshi corridor transmission line project in Dharan area, according to a news report published by Rastriya Samachar Samiti (RSS). Nepal Electricity Authority (NEA) informed that a taskforce has been formed under the coordination of Chief District Officer of Sunsari, Prem Prakash Uprety. It will submit the report to the Chief Minister of Province1, Sherdhan Rai, within a week, RSS further said.<br />
		The members of the taskforce includes project chief, engineer at Dharan Sub Metropolis, stakeholders committee, contractor company, consultant company, and the representatives of the political parties at local level.<br />
		Dharan Sub Metropolis has argued that the transmission line will negatively affect the tourism areas of &nbsp;Ward No 20 where the problems on the transmission have surfaced.<br />
		Ward 20 urged the NEA in written to bypass the line. As a result, the construction work has been halted.<br />
		The NEA however has said the issues raised by Ward 20 are not serious, because the transmission line would not affect the area.</p>
	<p>
		According to the NEA, the construction could not be diverted as most of the process is over.<br />
		Meanwhile, the state-run news agency RSS reported that Chief Minister Rai has stressed that the Koshi corridor transmission line needs timely accomplishment because Province 1 was planning to bring investment in hydropower.<br />
		However, Acting Mayor of Dharan Sub Metropolis Manju Bhandari viewed that they were neither for thwarting the transmission line nor against development.<br />
		The NEA has proposed to set up the transmission line via Bhedetar-Chhoti, Morag-Sardu, Jaladhar area-Tamakham-Salbote-Chinde, and Danda-Bhyangjyan-Gorkha Memorail Park-Jalkanya Community Forest.<br />
		But, the Sub Metropolis wants to have the line via Bhedetar-Chulikot (Ghumaunedanda) to Khaire-Kokaha river-Bhaludhunga.&nbsp;</p>
</div>
<p>
	&nbsp;</p>
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			'id' => '9804',
			'article_category_id' => '266',
			'title' => 'Global IME Bank to Distribute 16 Percent Bonus Share',
			'sub_title' => '',
			'summary' => 'January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable  profit of last fiscal year.',
			'content' => '<p style="margin-left:5.0pt">January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable &nbsp;profit of last fiscal year. The 12<sup>th</sup> Annual General Meeting of the bank approved the decision on January 12. After the distribution of the bonus share, the bank&rsquo;s paid-p capital will reach Rs 10.31 billon, the bank said in a statement.</p>

<p style="margin-left:5.0pt">The bank has been providing services through a network of 133 branches, 1214 ATMs, seven extension counters, 15 revenue collection counters and 116 branchless banking facilities across the country.</p>
',
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			'created' => '2019-01-13',
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			'description' => '',
			'sortorder' => '9578',
			'image' => '20190113041632_12.jpg',
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	(int) 8 => array(
		'Article' => array(
			'id' => '9803',
			'article_category_id' => '266',
			'title' => 'Chairman of Nepal Bank Limited Takes Oath of Office',
			'sub_title' => '',
			'summary' => 'January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank Limited.',
			'content' => '<p>January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank Limited. Nepal Rastra Bank&rsquo;s Governor Dr Chiranjivi Nepal administered oath of office and secrecy to Adhikari amid a recent function, said the bank in a statement released on January 12.</p>

<p>Adhikari holds MA degrees in Nepali and Public Administration from Tribhuvan University. Adhikari, who had a distinguished career at the central bank of Nepal for 30 years, retired from service last year. Adhikari takes the charge of the board of directors of the bank from Janardan Sharma Acharya, who stepped down after completion of his four-year term last month, according to the bank.</p>

<p>&nbsp;</p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '9577',
			'image' => '20190113040950_Oath Taking Ceremony NBL.jpg',
			'article_date' => '2019-01-13 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '9802',
			'article_category_id' => '266',
			'title' => 'Samsung Plaza announces TV Exchange offer',
			'sub_title' => '',
			'summary' => 'January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED TV.',
			'content' => '<p>January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED TV.</p>

<p>Samsung Plaza&nbsp;said in a statement that its customers can exchange any CRT TV&nbsp;of any brand&nbsp;with a new one effective from January 11. Under this offer, maximum valuation will be provided for their old television sets.</p>

<p>However, customers willing to exchange their TVs&nbsp;can avail this offer only in Bhaktapur-based Samsung Plaza located near Barahi Cinema&nbsp;Hall and Nayabazar Plaza. Samsung Plaza said that the offer will be available from&nbsp;10.30 am till&nbsp;7&nbsp;pm and will be valid till January 18.</p>

<p>&nbsp;</p>
',
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			'created' => '2019-01-13',
			'modified' => '2019-01-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9576',
			'image' => '20190113014748_Mnemonic.jpg',
			'article_date' => '2019-01-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '9801',
			'article_category_id' => '266',
			'title' => 'Himalayan Bank Introduces Chip and Pin-Based Mastercard Debit Card',
			'sub_title' => '',
			'summary' => 'January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its customers.',
			'content' => '<p>January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its customers. The bank said in a statement that the Himalayan Bank Mastercard Debit Card (Domestic) offers cardholders discounts of up to 20 percent on purchases at selected merchants including hotels, restaurants, pubs, clothing stores within the country.</p>

<p>As a part of the launch offer, the bank is issuing Mastercard branded debit cards without any charges to new account holders. The bank said it is also offering attractive cash backs on POS transactions within Nepal.</p>

<p>Ashoke SJB Rana, chief executive officer of Himalayan Bank, and Porush Singh, division president of Mastercard for South Asia, formally launched the debit card at a press meet organized at the corporate office of the bank on Friday, January 11.</p>

<p>Commenting on the initiative, CEO Rana said, &ldquo;We are pleased to partner with Mastercard in Nepal. Our partnership with Mastercard is based on our mutual belief and commitment in bringing unparalleled value to our customers.&rdquo; He further added that the card will be secured with chip and PIN and can be used at most of the ATM and POS terminals across Nepal and in India.</p>

<p>Meanwhile Singh said, &ldquo;Nepal has been making rapid advances towards digitisation. Mastercard is privileged to support this journey with the launch of the Himalayan Bank Mastercard Debit Card in partnership with Himalayan Bank. It is our strong belief that debit cards are the bedrock of a digitally empowered society. This product will encourage people to experience the convenience, safety and security offered by digital payments. It is also a testimony of Mastercard&rsquo;s commitment to enable a less cash economy in Nepal.&rdquo;</p>

<p>Customers can obtain the Himalayan Bank Mastercard Debit Card from all 57 branches of Himalayan Bank Limited and can be used without any charges at all the 111 ATMs of HBL. Customers can also use the card without any charges for POS transactions in Nepal and India.</p>

<p>&nbsp;</p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '9575',
			'image' => '20190113013559_H.jpg',
			'article_date' => '2019-01-13 00:00:00',
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	(int) 11 => array(
		'Article' => array(
			'id' => '9800',
			'article_category_id' => '266',
			'title' => 'Everest Bank Launches Two New Accounts with Insurance Facility',
			'sub_title' => '',
			'summary' => 'January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary Account.',
			'content' => '<p>January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary Account.</p>

<p>Everest Bank said in a statement that its customers opening the Matribhumi Bachhat Khata will get insurance facility up to Rs 500,000 with many other &ldquo;attractive benefits&rdquo;. Likewise, the customers who open the Corporate Salary Account with get insurance and advance salary facilities, said the statement.</p>

<p>&nbsp;The announcement was made amid a function held at its head office in Lazimpat on January 10.</p>

<p>The bank said it launched the Matribhumi Bhachat Kahata with an aim to ensure safety of the hard earned money of Nepali migrant workers offering them a good return.</p>

<p>Likewise, both the employer and the employees can benefit from the bank&rsquo;s scheme under the Corporate Salary Account.</p>

<p>EBL claimed that it currently has a customer base of over 1 million people and is providing its services through a network of 86 branches, three extension counters, 28 revenue collection counters and 116 ATMs across the country.</p>
',
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			'created' => '2019-01-13',
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			'description' => '',
			'sortorder' => '9574',
			'image' => '20190113012830_E.jpg',
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	(int) 12 => array(
		'Article' => array(
			'id' => '9797',
			'article_category_id' => '1',
			'title' => 'NRB asks Banks to Open on Saturdays',
			'sub_title' => '',
			'summary' => 'January 13: Nepal Rastra Bank has directed banks and financial institutions (BFIs) providing revenue deposit service to open their counters on Saturdays as well. ',
			'content' => '<p>January 13: Nepal Rastra Bank has directed banks and financial institutions (BFIs) providing revenue deposit service to open their counters on Saturdays as well.&nbsp;</p>

<p>According to a news report published by Rastriya Samachar Samiti (RSS), the BFIs have been asked to keep their counters open throughout the day on Saturday in order to receive revenue collection. The central bank&rsquo;s Executive Director Narayan Prasad Poudel said that the directive to commercial banks and financial institutions was issued as per the request of the finance ministry.&nbsp;<br />
Likewise, Nepal Clearing House Limited has also been directed to remain open as normal days to carry out the clearing of cheques related to revenue deposits, RSS further said.</p>

<p>The central bank issued the directive to banks of class A, B and C, as well as financial institutions.&nbsp;</p>
',
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			'created' => '2019-01-13',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '9573',
			'image' => '20190113035057_Nepal Rastrra Bank.jpg',
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		'Article' => array(
			'id' => '9799',
			'article_category_id' => '1',
			'title' => 'Start-up Presents Kit to Find Adulteration in Milk',
			'sub_title' => '',
			'summary' => 'January 13: Start-ups presenting concepts of a kit that helps find adulteration in milk and zero energy cold storage have won cash prize of Rs 100,000 each.',
			'content' => '<p>January 13: Start-ups presenting concepts of a kit that helps find adulteration in milk and zero energy cold storage have won cash prize of Rs 100,000 each.</p>

<p>According to Rastriya Samachar Samiti (RSS), the prizes were presented in the third edition of the &lsquo;Swiss Nepal Technology Transfer&rsquo; workshop 2019 held in Kathmandu on Friday, January 11.</p>

<p>&nbsp;The workshop was organized by Nepalese Scientific Association Switzerland (NEPSAS), an organization of Nepalis studying and working in Switzerland.</p>

<p>Issuing a statement, the organiser said that the one with the best prototype among the two start-ups will get a chance to represent Nepal in the upcoming World Innovation Forum.</p>

<p>A total of 80 competitors had been selected from among more than 500 applicants for the prize. They were divided into different groups and were provided training for four days at GATE College in Kathmandu by experts in the field of technology and business, reads a statement issued by the organiser.</p>

<p>NEPSAS has been promoting start-up based on science and technology in the country with the objective of discouraging brain drain and to nurture the talents within the country.</p>
',
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			'created' => '2019-01-13',
			'modified' => '2019-01-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9572',
			'image' => '20190113034545_aaaaaa.jpg',
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	(int) 14 => array(
		'Article' => array(
			'id' => '9798',
			'article_category_id' => '1',
			'title' => 'Call for Increased Investment to Promote Religious Tourism',
			'sub_title' => '',
			'summary' => 'January 13: Experts have called for increased investment in the tourism sector to benefit from the huge potential of Buddhist pilgrimage in Nepal, according to a news report published by Rastriya Samachar Samiti (RSS).',
			'content' => '<p>January 13: Experts have called for increased investment in the tourism sector to benefit from the huge potential of Buddhist pilgrimage in Nepal, according to a news report published by Rastriya Samachar Samiti (RSS).</p>

<p>Speaking at a day-long seminar organized by the Lumbini Buddhist University in Lumbini on Saturday, they said Buddhist philosophy was the foundation of Nepal&rsquo;s tourism, and hence it needs to be promoted.</p>

<p>According to RSS, vice-chair of the Lumbini Development Trust, Bhikshu Metteya, said the government should come up with an appropriate policy to increase investment in promoting religions tourism in the country.</p>

<p>&ldquo;India has invested a project worth Rs 40 billion in Buddhist tourism, and that has led to economic progress,&rdquo; RSS quoted Metteya as saying.</p>

<p>Dean of the University, Manik Ratna Shakya, also called for a concrete government plan to expand Buddhist philosophy while chief of the campus Fanindra Neupane stressed on support and collaboration of all to the University to further promote Buddhist philosophy.</p>

<p>Tourism entrepreneur Hem Bista stressed on the need to come up with programmes to increase the stay of tourists in Lumbini.</p>
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simplexml_load_file - [internal], line ??
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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
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		'Article' => array(
			'id' => '9815',
			'article_category_id' => '266',
			'title' => 'NIBL to Distribute 40 Percent Dividend',
			'sub_title' => '',
			'summary' => 'Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders.',
			'content' => '<p>
	January 14: Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders. Issuing a press statement, the bank said that the decision was approved by the 32nd Annual General Meeting (AGM) of the bank held in the capital on January 13.</p>
<p>
	According to the bank, the 40 percent dividend includes 18 percent stock dividend and 22 percent cash dividend.</p>
<p>
	The statement further said that the bank earned an operating profit of Rs 4.95 billion in the last fiscal year, which was up by 0.27 billion as compared to the previous fiscal year.</p>
<p>
	The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.</p>
<p>
	The bank claimed that&nbsp; it has a customer base of more than 900,000 customers and has been providing services through a network of 78 branches, eight extension counters and 109 ATM across the country. NIBL also leads a consortium of 14 Visa associate banks and seven NPN member banks.</p>
<p>
	During the fiscal year 2074-2075, NIBL Capital Markets Ltd a wholly owned subsidiary of Nepal Investment Bank Limited acquired Ace Capital Limited to form NIBL Ace Capital Limited. It has become Nepal&rsquo;s largest merchant bank to have paid-up capital of Rs 27 million with its branches located at Laldurbar, Lagankhel, Pokhara, Butwal, Birgunj and Biratnagar.</p>
<p>
	NIBL claimed that it is the only bank in the country to have received the &ldquo;Bank of the Year Award&rdquo; five times from Financial Times Group&rsquo;s The Banker, a UK based bank magazine.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'sortorder' => '9586',
			'image' => '20190122113949_NIBL 32nd AGM (2).jpg',
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			'id' => '9814',
			'article_category_id' => '266',
			'title' => 'Himalayan Bank to distribute Bonus Share',
			'sub_title' => '',
			'summary' => 'January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its shareholders',
			'content' => '<p>
	January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its shareholders. The decision was approved by the 26<sup>th</sup> Annual General Meeting of the bank held in the capital on Monday, January 14.</p>
<p>
	The bank said in a statement that the AGM chaired by the bank&rsquo;s chairman Manoj Bahadur Shrestha declared five percent bonus share and 10.78 percent cash dividend on the paid-up capital to the shareholders. After issuance of the bonus shares, the bank&rsquo;s paid-up capital will be Rs 8.52 billion.</p>
<p>
	Shrestha presented the bank&#39;s annual report for the fiscal year 2017/18. Presenting the report, Chairman Shrestha stated that the bank is continuously improving its services because of the trust of its valued customers and creative effort of the management.</p>
<p>
	Highlighting the bank&rsquo;s various activities, Chairman Shrestha stated that the bank aims to open six new branches. He added that the bank will install additional ATMs in various parts of the country in the current fiscal year.</p>
<p>
	According to Shrestha, the bank will complete 26 years of service on January 18.&nbsp; &nbsp; &nbsp;&nbsp;</p>
',
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			'created' => '2019-01-22',
			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9585',
			'image' => '20190122113003_hbl.JPG',
			'article_date' => '2019-01-16 00:00:00',
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		'Article' => array(
			'id' => '9812',
			'article_category_id' => '1',
			'title' => 'Chaudhary Foundation Distributes Artificial Limbs',
			'sub_title' => '',
			'summary' => 'Chaudhary Foundation in collaboration with Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS) has started a campaign to distribute 500 artificial limbs for the needy people with physical disabilities.',
			'content' => '<p>
	January 14: Chaudhary Foundation in collaboration with Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS) has started a campaign to distribute 500 artificial limbs for the needy people with physical disabilities.</p>
<p>
	Deputy Prime Minister and Minister for Health and Population, Updendra Yadav, and President of Chaudhary Foundation Binod Chaudhary jointly inaugurated the campaign amid a function organized at Norvic International Hospital (NIH) in Kathmandu on Sunday, January 13.</p>
<p>
	Under this campaign, Chaudhary Foundation has already distributed 51 artificial limbs to persons without limbs. Speaking at the event, Chaudhary said that the organization will be organizing another camp in Nawalparasi to distribute artificial limbs to the needy persons.</p>
<p>
	Chaudhary Foundation stated that there are almost 100,000 people in Nepal who need artificial limbs.</p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '9583',
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		'Article' => array(
			'id' => '9811',
			'article_category_id' => '1',
			'title' => 'Government Preparing to Increase the Price of Sugar',
			'sub_title' => '',
			'summary' => 'The government has reportedly decided to increase the price of sugar.',
			'content' => '<p>
	January 14: The government has reportedly decided to increase the price of sugar. The government took such step based on the recommendation of a report prepared by a government commission in collaboration with the National Planning Commission to set the scientific price of sugarcane and sugar.</p>
<p>
	The sugar industries had been pressing the government to increase the price of sugar stating that the industries were facing loss.</p>
<p>
	An informed source told New Business Age that the government is preparing to set the price of sugar between Rs 80 to Rs 100. Discussions were held at the Department of Commerce, Supply and Consumer Protection on Sunday, January 13.</p>
<p>
	&nbsp;</p>
',
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			'image' => '20190122112310_sugar-09.jpeg',
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			'id' => '9810',
			'article_category_id' => '1',
			'title' => 'Government to Form New Strategy to Promote Export',
			'sub_title' => '',
			'summary' => 'The government is preparing a separate export strategy for the top five export destination countries of Nepali products.',
			'content' => '<p>
	January 14: The government is preparing a separate export strategy for the top five export destination countries of Nepali products. The Ministry of Industry, Commerce and Supply said that the government is preparing to adopt a new strategy for chief recipient countries of Nepali products as the national strategy on export has posed some problems for conducting businesses with those countries.</p>
<p>
	Nepal exports maximum amount of goods to India, USA, Turkey, Germany and the United Kingdom.</p>
<p>
	Secretary at the Ministry of Industry, Commerce and Supply, Chandra Kumar Ghimire, told New Business Age that the government is preparing the new strategy to mixamize exports of Nepali products.</p>
<p>
	&ldquo;The same national policy while dealing with different countries has posed problems in conducting business,&rdquo; he said.</p>
<p>
	The ministry expects the new strategy to help in increasing export at a time when the country is witnessing increase in import day by day.</p>
<p>
	According to Ghimire, the government is working to identify the export products and them prepare strategy accordingly.</p>
<p>
	Secretary Ghimire said that the ministry will prepare the new strategy within two months. This strategy will determine the roadmap of Nepal&rsquo;s trade with foreign countries.</p>
<p>
	In the recent years, the country&rsquo;s trade deficit is widening due to the massive increase in import while the export remains minimal. The ministry believes that the recent surge in import is also due to the effect of the devastating earthquakes of 2015 which has triggered the reconstruction process.</p>
<p>
	Nepal&rsquo;s chief imports include petroleum products, iron, steel, machinery parts and transportation vehicles, according to the Trade and Export Promotion Center . The country&rsquo;s trade deficit in the last five months stood at Rs 569 billion. The ministry said that the country needs to produce products of export quality in order to reduce trade deficit.</p>
<p>
	Economist Dr Poshraj Pandey says that it is good to import products for construction and development but the economy will have negative impact if we heavily import luxury goods.</p>
',
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			'sortorder' => '9581',
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		'Article' => array(
			'id' => '9809',
			'article_category_id' => '1',
			'title' => 'Police rescue 16 missing in Phulchowki',
			'sub_title' => '',
			'summary' => 'The Metropolitan Police Range Lalitpur rescued 16 adolescents who lost their way in course of trekking in Phulchowki area this weekend.',
			'content' => '<div>
	<p>
		January 14: The Metropolitan Police Range Lalitpur rescued 16 adolescents who lost their way in course of trekking in Phulchowki area this weekend. According to Rastriya Samachar Samiti (RSS), the rescued children were handed over to their guardians.</p>
	<p>
		The state-run news agency reported that the missing adolescents include 12 boys and four girls. Their family sources said that the siblings who went there en masse for trekking on Saturday had lost their way in the forest.</p>
	<p>
		Police launched search and rescue operation acting on the information that the adolescents went missing in the Phulchowki forest at around 4.00 pm Saturday, said Shekhar Khanal, cpokesperson of the Range.</p>
	<p>
		Seven teams including police personnel were mobilized for the search operation.</p>
	<p>
		The adolescents were rescued from a gorge in the middle of the forest which lies 10-km away from Godavari Bus Park.</p>
	<p>
		&ldquo;We handed the siblings to their parents on Saturday night,&rdquo; he Khanal.</p>
	<p>
		There has been a huge flow of youths to Phulchowki, especially in the winter season, for trekking.</p>
	<p>
		Of late, the numerous incidents of disappearance of trekkers have been reported in the forest area of the high hill, which lies in the south-eastern part of the Kathmandu valley.</p>
	<p>
		Last year too, John Tamang, a school student, lost his way and was rescued from the forest after a week of his disappearance.</p>
</div>
<p>
	&nbsp;</p>
',
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			'created' => '2019-01-22',
			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9580',
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		'Article' => array(
			'id' => '9808',
			'article_category_id' => '1',
			'title' => 'Taskforce Formed to Solve Problems of Koshi Corridor Transmission Line',
			'sub_title' => '',
			'summary' => 'A taskforce has been formed to solve the problems facing the Koshi corridor transmission line project in Dharan area.',
			'content' => '<div>
	<p>
		January 14: A taskforce has been formed to solve the problems facing the Koshi corridor transmission line project in Dharan area, according to a news report published by Rastriya Samachar Samiti (RSS). Nepal Electricity Authority (NEA) informed that a taskforce has been formed under the coordination of Chief District Officer of Sunsari, Prem Prakash Uprety. It will submit the report to the Chief Minister of Province1, Sherdhan Rai, within a week, RSS further said.<br />
		The members of the taskforce includes project chief, engineer at Dharan Sub Metropolis, stakeholders committee, contractor company, consultant company, and the representatives of the political parties at local level.<br />
		Dharan Sub Metropolis has argued that the transmission line will negatively affect the tourism areas of &nbsp;Ward No 20 where the problems on the transmission have surfaced.<br />
		Ward 20 urged the NEA in written to bypass the line. As a result, the construction work has been halted.<br />
		The NEA however has said the issues raised by Ward 20 are not serious, because the transmission line would not affect the area.</p>
	<p>
		According to the NEA, the construction could not be diverted as most of the process is over.<br />
		Meanwhile, the state-run news agency RSS reported that Chief Minister Rai has stressed that the Koshi corridor transmission line needs timely accomplishment because Province 1 was planning to bring investment in hydropower.<br />
		However, Acting Mayor of Dharan Sub Metropolis Manju Bhandari viewed that they were neither for thwarting the transmission line nor against development.<br />
		The NEA has proposed to set up the transmission line via Bhedetar-Chhoti, Morag-Sardu, Jaladhar area-Tamakham-Salbote-Chinde, and Danda-Bhyangjyan-Gorkha Memorail Park-Jalkanya Community Forest.<br />
		But, the Sub Metropolis wants to have the line via Bhedetar-Chulikot (Ghumaunedanda) to Khaire-Kokaha river-Bhaludhunga.&nbsp;</p>
</div>
<p>
	&nbsp;</p>
',
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			'sortorder' => '9579',
			'image' => '20190122103104_clouds-electricity-energy.jpg',
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		'Article' => array(
			'id' => '9804',
			'article_category_id' => '266',
			'title' => 'Global IME Bank to Distribute 16 Percent Bonus Share',
			'sub_title' => '',
			'summary' => 'January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable  profit of last fiscal year.',
			'content' => '<p style="margin-left:5.0pt">January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable &nbsp;profit of last fiscal year. The 12<sup>th</sup> Annual General Meeting of the bank approved the decision on January 12. After the distribution of the bonus share, the bank&rsquo;s paid-p capital will reach Rs 10.31 billon, the bank said in a statement.</p>

<p style="margin-left:5.0pt">The bank has been providing services through a network of 133 branches, 1214 ATMs, seven extension counters, 15 revenue collection counters and 116 branchless banking facilities across the country.</p>
',
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	(int) 8 => array(
		'Article' => array(
			'id' => '9803',
			'article_category_id' => '266',
			'title' => 'Chairman of Nepal Bank Limited Takes Oath of Office',
			'sub_title' => '',
			'summary' => 'January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank Limited.',
			'content' => '<p>January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank Limited. Nepal Rastra Bank&rsquo;s Governor Dr Chiranjivi Nepal administered oath of office and secrecy to Adhikari amid a recent function, said the bank in a statement released on January 12.</p>

<p>Adhikari holds MA degrees in Nepali and Public Administration from Tribhuvan University. Adhikari, who had a distinguished career at the central bank of Nepal for 30 years, retired from service last year. Adhikari takes the charge of the board of directors of the bank from Janardan Sharma Acharya, who stepped down after completion of his four-year term last month, according to the bank.</p>

<p>&nbsp;</p>
',
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			'created' => '2019-01-13',
			'modified' => '2019-01-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9577',
			'image' => '20190113040950_Oath Taking Ceremony NBL.jpg',
			'article_date' => '2019-01-13 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '9802',
			'article_category_id' => '266',
			'title' => 'Samsung Plaza announces TV Exchange offer',
			'sub_title' => '',
			'summary' => 'January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED TV.',
			'content' => '<p>January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED TV.</p>

<p>Samsung Plaza&nbsp;said in a statement that its customers can exchange any CRT TV&nbsp;of any brand&nbsp;with a new one effective from January 11. Under this offer, maximum valuation will be provided for their old television sets.</p>

<p>However, customers willing to exchange their TVs&nbsp;can avail this offer only in Bhaktapur-based Samsung Plaza located near Barahi Cinema&nbsp;Hall and Nayabazar Plaza. Samsung Plaza said that the offer will be available from&nbsp;10.30 am till&nbsp;7&nbsp;pm and will be valid till January 18.</p>

<p>&nbsp;</p>
',
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			'created' => '2019-01-13',
			'modified' => '2019-01-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9576',
			'image' => '20190113014748_Mnemonic.jpg',
			'article_date' => '2019-01-13 00:00:00',
			'homepage' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '9801',
			'article_category_id' => '266',
			'title' => 'Himalayan Bank Introduces Chip and Pin-Based Mastercard Debit Card',
			'sub_title' => '',
			'summary' => 'January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its customers.',
			'content' => '<p>January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its customers. The bank said in a statement that the Himalayan Bank Mastercard Debit Card (Domestic) offers cardholders discounts of up to 20 percent on purchases at selected merchants including hotels, restaurants, pubs, clothing stores within the country.</p>

<p>As a part of the launch offer, the bank is issuing Mastercard branded debit cards without any charges to new account holders. The bank said it is also offering attractive cash backs on POS transactions within Nepal.</p>

<p>Ashoke SJB Rana, chief executive officer of Himalayan Bank, and Porush Singh, division president of Mastercard for South Asia, formally launched the debit card at a press meet organized at the corporate office of the bank on Friday, January 11.</p>

<p>Commenting on the initiative, CEO Rana said, &ldquo;We are pleased to partner with Mastercard in Nepal. Our partnership with Mastercard is based on our mutual belief and commitment in bringing unparalleled value to our customers.&rdquo; He further added that the card will be secured with chip and PIN and can be used at most of the ATM and POS terminals across Nepal and in India.</p>

<p>Meanwhile Singh said, &ldquo;Nepal has been making rapid advances towards digitisation. Mastercard is privileged to support this journey with the launch of the Himalayan Bank Mastercard Debit Card in partnership with Himalayan Bank. It is our strong belief that debit cards are the bedrock of a digitally empowered society. This product will encourage people to experience the convenience, safety and security offered by digital payments. It is also a testimony of Mastercard&rsquo;s commitment to enable a less cash economy in Nepal.&rdquo;</p>

<p>Customers can obtain the Himalayan Bank Mastercard Debit Card from all 57 branches of Himalayan Bank Limited and can be used without any charges at all the 111 ATMs of HBL. Customers can also use the card without any charges for POS transactions in Nepal and India.</p>

<p>&nbsp;</p>
',
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			'description' => '',
			'sortorder' => '9575',
			'image' => '20190113013559_H.jpg',
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	(int) 11 => array(
		'Article' => array(
			'id' => '9800',
			'article_category_id' => '266',
			'title' => 'Everest Bank Launches Two New Accounts with Insurance Facility',
			'sub_title' => '',
			'summary' => 'January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary Account.',
			'content' => '<p>January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary Account.</p>

<p>Everest Bank said in a statement that its customers opening the Matribhumi Bachhat Khata will get insurance facility up to Rs 500,000 with many other &ldquo;attractive benefits&rdquo;. Likewise, the customers who open the Corporate Salary Account with get insurance and advance salary facilities, said the statement.</p>

<p>&nbsp;The announcement was made amid a function held at its head office in Lazimpat on January 10.</p>

<p>The bank said it launched the Matribhumi Bhachat Kahata with an aim to ensure safety of the hard earned money of Nepali migrant workers offering them a good return.</p>

<p>Likewise, both the employer and the employees can benefit from the bank&rsquo;s scheme under the Corporate Salary Account.</p>

<p>EBL claimed that it currently has a customer base of over 1 million people and is providing its services through a network of 86 branches, three extension counters, 28 revenue collection counters and 116 ATMs across the country.</p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '9574',
			'image' => '20190113012830_E.jpg',
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	(int) 12 => array(
		'Article' => array(
			'id' => '9797',
			'article_category_id' => '1',
			'title' => 'NRB asks Banks to Open on Saturdays',
			'sub_title' => '',
			'summary' => 'January 13: Nepal Rastra Bank has directed banks and financial institutions (BFIs) providing revenue deposit service to open their counters on Saturdays as well. ',
			'content' => '<p>January 13: Nepal Rastra Bank has directed banks and financial institutions (BFIs) providing revenue deposit service to open their counters on Saturdays as well.&nbsp;</p>

<p>According to a news report published by Rastriya Samachar Samiti (RSS), the BFIs have been asked to keep their counters open throughout the day on Saturday in order to receive revenue collection. The central bank&rsquo;s Executive Director Narayan Prasad Poudel said that the directive to commercial banks and financial institutions was issued as per the request of the finance ministry.&nbsp;<br />
Likewise, Nepal Clearing House Limited has also been directed to remain open as normal days to carry out the clearing of cheques related to revenue deposits, RSS further said.</p>

<p>The central bank issued the directive to banks of class A, B and C, as well as financial institutions.&nbsp;</p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '9573',
			'image' => '20190113035057_Nepal Rastrra Bank.jpg',
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	(int) 13 => array(
		'Article' => array(
			'id' => '9799',
			'article_category_id' => '1',
			'title' => 'Start-up Presents Kit to Find Adulteration in Milk',
			'sub_title' => '',
			'summary' => 'January 13: Start-ups presenting concepts of a kit that helps find adulteration in milk and zero energy cold storage have won cash prize of Rs 100,000 each.',
			'content' => '<p>January 13: Start-ups presenting concepts of a kit that helps find adulteration in milk and zero energy cold storage have won cash prize of Rs 100,000 each.</p>

<p>According to Rastriya Samachar Samiti (RSS), the prizes were presented in the third edition of the &lsquo;Swiss Nepal Technology Transfer&rsquo; workshop 2019 held in Kathmandu on Friday, January 11.</p>

<p>&nbsp;The workshop was organized by Nepalese Scientific Association Switzerland (NEPSAS), an organization of Nepalis studying and working in Switzerland.</p>

<p>Issuing a statement, the organiser said that the one with the best prototype among the two start-ups will get a chance to represent Nepal in the upcoming World Innovation Forum.</p>

<p>A total of 80 competitors had been selected from among more than 500 applicants for the prize. They were divided into different groups and were provided training for four days at GATE College in Kathmandu by experts in the field of technology and business, reads a statement issued by the organiser.</p>

<p>NEPSAS has been promoting start-up based on science and technology in the country with the objective of discouraging brain drain and to nurture the talents within the country.</p>
',
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			'sortorder' => '9572',
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		'Article' => array(
			'id' => '9798',
			'article_category_id' => '1',
			'title' => 'Call for Increased Investment to Promote Religious Tourism',
			'sub_title' => '',
			'summary' => 'January 13: Experts have called for increased investment in the tourism sector to benefit from the huge potential of Buddhist pilgrimage in Nepal, according to a news report published by Rastriya Samachar Samiti (RSS).',
			'content' => '<p>January 13: Experts have called for increased investment in the tourism sector to benefit from the huge potential of Buddhist pilgrimage in Nepal, according to a news report published by Rastriya Samachar Samiti (RSS).</p>

<p>Speaking at a day-long seminar organized by the Lumbini Buddhist University in Lumbini on Saturday, they said Buddhist philosophy was the foundation of Nepal&rsquo;s tourism, and hence it needs to be promoted.</p>

<p>According to RSS, vice-chair of the Lumbini Development Trust, Bhikshu Metteya, said the government should come up with an appropriate policy to increase investment in promoting religions tourism in the country.</p>

<p>&ldquo;India has invested a project worth Rs 40 billion in Buddhist tourism, and that has led to economic progress,&rdquo; RSS quoted Metteya as saying.</p>

<p>Dean of the University, Manik Ratna Shakya, also called for a concrete government plan to expand Buddhist philosophy while chief of the campus Fanindra Neupane stressed on support and collaboration of all to the University to further promote Buddhist philosophy.</p>

<p>Tourism entrepreneur Hem Bista stressed on the need to come up with programmes to increase the stay of tourists in Lumbini.</p>
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		'Article' => array(
			'id' => '9815',
			'article_category_id' => '266',
			'title' => 'NIBL to Distribute 40 Percent Dividend',
			'sub_title' => '',
			'summary' => 'Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders.',
			'content' => '<p>
	January 14: Nepal Investment Bank Limited (NIBL) has decided to distribute 40 percent dividend to its shareholders. Issuing a press statement, the bank said that the decision was approved by the 32nd Annual General Meeting (AGM) of the bank held in the capital on January 13.</p>
<p>
	According to the bank, the 40 percent dividend includes 18 percent stock dividend and 22 percent cash dividend.</p>
<p>
	The statement further said that the bank earned an operating profit of Rs 4.95 billion in the last fiscal year, which was up by 0.27 billion as compared to the previous fiscal year.</p>
<p>
	The net profit of the bank for FY 2074-75 was Rs 3.65 billion. The bank said its paid-up capital will reach Rs 12.58 billion after issuing 18 percent bonus share for FY 2074-2075. In the bank claimed that its deposits increased by 11.45 percent in FY 2074-2075, and has reached Rs 140 billion. The total lending of the bank increased by 14.44 percent to Rs 120 billion. The NPA ratio of the bank is at 1.36 percent, according to the statement.</p>
<p>
	The bank claimed that&nbsp; it has a customer base of more than 900,000 customers and has been providing services through a network of 78 branches, eight extension counters and 109 ATM across the country. NIBL also leads a consortium of 14 Visa associate banks and seven NPN member banks.</p>
<p>
	During the fiscal year 2074-2075, NIBL Capital Markets Ltd a wholly owned subsidiary of Nepal Investment Bank Limited acquired Ace Capital Limited to form NIBL Ace Capital Limited. It has become Nepal&rsquo;s largest merchant bank to have paid-up capital of Rs 27 million with its branches located at Laldurbar, Lagankhel, Pokhara, Butwal, Birgunj and Biratnagar.</p>
<p>
	NIBL claimed that it is the only bank in the country to have received the &ldquo;Bank of the Year Award&rdquo; five times from Financial Times Group&rsquo;s The Banker, a UK based bank magazine.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-22',
			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9586',
			'image' => '20190122113949_NIBL 32nd AGM (2).jpg',
			'article_date' => '2019-01-14 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'user_id' => '1'
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	),
	(int) 1 => array(
		'Article' => array(
			'id' => '9814',
			'article_category_id' => '266',
			'title' => 'Himalayan Bank to distribute Bonus Share',
			'sub_title' => '',
			'summary' => 'January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its shareholders',
			'content' => '<p>
	January 16: Himalayan Bank Limited has decided to distribute bonus share and cash dividend to its shareholders. The decision was approved by the 26<sup>th</sup> Annual General Meeting of the bank held in the capital on Monday, January 14.</p>
<p>
	The bank said in a statement that the AGM chaired by the bank&rsquo;s chairman Manoj Bahadur Shrestha declared five percent bonus share and 10.78 percent cash dividend on the paid-up capital to the shareholders. After issuance of the bonus shares, the bank&rsquo;s paid-up capital will be Rs 8.52 billion.</p>
<p>
	Shrestha presented the bank&#39;s annual report for the fiscal year 2017/18. Presenting the report, Chairman Shrestha stated that the bank is continuously improving its services because of the trust of its valued customers and creative effort of the management.</p>
<p>
	Highlighting the bank&rsquo;s various activities, Chairman Shrestha stated that the bank aims to open six new branches. He added that the bank will install additional ATMs in various parts of the country in the current fiscal year.</p>
<p>
	According to Shrestha, the bank will complete 26 years of service on January 18.&nbsp; &nbsp; &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-22',
			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9585',
			'image' => '20190122113003_hbl.JPG',
			'article_date' => '2019-01-16 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '10'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '9812',
			'article_category_id' => '1',
			'title' => 'Chaudhary Foundation Distributes Artificial Limbs',
			'sub_title' => '',
			'summary' => 'Chaudhary Foundation in collaboration with Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS) has started a campaign to distribute 500 artificial limbs for the needy people with physical disabilities.',
			'content' => '<p>
	January 14: Chaudhary Foundation in collaboration with Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS) has started a campaign to distribute 500 artificial limbs for the needy people with physical disabilities.</p>
<p>
	Deputy Prime Minister and Minister for Health and Population, Updendra Yadav, and President of Chaudhary Foundation Binod Chaudhary jointly inaugurated the campaign amid a function organized at Norvic International Hospital (NIH) in Kathmandu on Sunday, January 13.</p>
<p>
	Under this campaign, Chaudhary Foundation has already distributed 51 artificial limbs to persons without limbs. Speaking at the event, Chaudhary said that the organization will be organizing another camp in Nawalparasi to distribute artificial limbs to the needy persons.</p>
<p>
	Chaudhary Foundation stated that there are almost 100,000 people in Nepal who need artificial limbs.</p>
',
			'published' => true,
			'created' => '2019-01-22',
			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9583',
			'image' => '20190122112515_Pic-1.jpg',
			'article_date' => '2019-01-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '1'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '9811',
			'article_category_id' => '1',
			'title' => 'Government Preparing to Increase the Price of Sugar',
			'sub_title' => '',
			'summary' => 'The government has reportedly decided to increase the price of sugar.',
			'content' => '<p>
	January 14: The government has reportedly decided to increase the price of sugar. The government took such step based on the recommendation of a report prepared by a government commission in collaboration with the National Planning Commission to set the scientific price of sugarcane and sugar.</p>
<p>
	The sugar industries had been pressing the government to increase the price of sugar stating that the industries were facing loss.</p>
<p>
	An informed source told New Business Age that the government is preparing to set the price of sugar between Rs 80 to Rs 100. Discussions were held at the Department of Commerce, Supply and Consumer Protection on Sunday, January 13.</p>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-22',
			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9582',
			'image' => '20190122112310_sugar-09.jpeg',
			'article_date' => '2019-01-14 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '1'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '9810',
			'article_category_id' => '1',
			'title' => 'Government to Form New Strategy to Promote Export',
			'sub_title' => '',
			'summary' => 'The government is preparing a separate export strategy for the top five export destination countries of Nepali products.',
			'content' => '<p>
	January 14: The government is preparing a separate export strategy for the top five export destination countries of Nepali products. The Ministry of Industry, Commerce and Supply said that the government is preparing to adopt a new strategy for chief recipient countries of Nepali products as the national strategy on export has posed some problems for conducting businesses with those countries.</p>
<p>
	Nepal exports maximum amount of goods to India, USA, Turkey, Germany and the United Kingdom.</p>
<p>
	Secretary at the Ministry of Industry, Commerce and Supply, Chandra Kumar Ghimire, told New Business Age that the government is preparing the new strategy to mixamize exports of Nepali products.</p>
<p>
	&ldquo;The same national policy while dealing with different countries has posed problems in conducting business,&rdquo; he said.</p>
<p>
	The ministry expects the new strategy to help in increasing export at a time when the country is witnessing increase in import day by day.</p>
<p>
	According to Ghimire, the government is working to identify the export products and them prepare strategy accordingly.</p>
<p>
	Secretary Ghimire said that the ministry will prepare the new strategy within two months. This strategy will determine the roadmap of Nepal&rsquo;s trade with foreign countries.</p>
<p>
	In the recent years, the country&rsquo;s trade deficit is widening due to the massive increase in import while the export remains minimal. The ministry believes that the recent surge in import is also due to the effect of the devastating earthquakes of 2015 which has triggered the reconstruction process.</p>
<p>
	Nepal&rsquo;s chief imports include petroleum products, iron, steel, machinery parts and transportation vehicles, according to the Trade and Export Promotion Center . The country&rsquo;s trade deficit in the last five months stood at Rs 569 billion. The ministry said that the country needs to produce products of export quality in order to reduce trade deficit.</p>
<p>
	Economist Dr Poshraj Pandey says that it is good to import products for construction and development but the economy will have negative impact if we heavily import luxury goods.</p>
',
			'published' => true,
			'created' => '2019-01-22',
			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9581',
			'image' => '20190122112126_Promote Export.jpg',
			'article_date' => '2019-01-14 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => null,
			'user_id' => '1'
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	),
	(int) 5 => array(
		'Article' => array(
			'id' => '9809',
			'article_category_id' => '1',
			'title' => 'Police rescue 16 missing in Phulchowki',
			'sub_title' => '',
			'summary' => 'The Metropolitan Police Range Lalitpur rescued 16 adolescents who lost their way in course of trekking in Phulchowki area this weekend.',
			'content' => '<div>
	<p>
		January 14: The Metropolitan Police Range Lalitpur rescued 16 adolescents who lost their way in course of trekking in Phulchowki area this weekend. According to Rastriya Samachar Samiti (RSS), the rescued children were handed over to their guardians.</p>
	<p>
		The state-run news agency reported that the missing adolescents include 12 boys and four girls. Their family sources said that the siblings who went there en masse for trekking on Saturday had lost their way in the forest.</p>
	<p>
		Police launched search and rescue operation acting on the information that the adolescents went missing in the Phulchowki forest at around 4.00 pm Saturday, said Shekhar Khanal, cpokesperson of the Range.</p>
	<p>
		Seven teams including police personnel were mobilized for the search operation.</p>
	<p>
		The adolescents were rescued from a gorge in the middle of the forest which lies 10-km away from Godavari Bus Park.</p>
	<p>
		&ldquo;We handed the siblings to their parents on Saturday night,&rdquo; he Khanal.</p>
	<p>
		There has been a huge flow of youths to Phulchowki, especially in the winter season, for trekking.</p>
	<p>
		Of late, the numerous incidents of disappearance of trekkers have been reported in the forest area of the high hill, which lies in the south-eastern part of the Kathmandu valley.</p>
	<p>
		Last year too, John Tamang, a school student, lost his way and was rescued from the forest after a week of his disappearance.</p>
</div>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-22',
			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9580',
			'image' => '20190122111416_Phulchowki_Hill.jpg',
			'article_date' => '2019-01-14 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => null,
			'user_id' => '1'
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	),
	(int) 6 => array(
		'Article' => array(
			'id' => '9808',
			'article_category_id' => '1',
			'title' => 'Taskforce Formed to Solve Problems of Koshi Corridor Transmission Line',
			'sub_title' => '',
			'summary' => 'A taskforce has been formed to solve the problems facing the Koshi corridor transmission line project in Dharan area.',
			'content' => '<div>
	<p>
		January 14: A taskforce has been formed to solve the problems facing the Koshi corridor transmission line project in Dharan area, according to a news report published by Rastriya Samachar Samiti (RSS). Nepal Electricity Authority (NEA) informed that a taskforce has been formed under the coordination of Chief District Officer of Sunsari, Prem Prakash Uprety. It will submit the report to the Chief Minister of Province1, Sherdhan Rai, within a week, RSS further said.<br />
		The members of the taskforce includes project chief, engineer at Dharan Sub Metropolis, stakeholders committee, contractor company, consultant company, and the representatives of the political parties at local level.<br />
		Dharan Sub Metropolis has argued that the transmission line will negatively affect the tourism areas of &nbsp;Ward No 20 where the problems on the transmission have surfaced.<br />
		Ward 20 urged the NEA in written to bypass the line. As a result, the construction work has been halted.<br />
		The NEA however has said the issues raised by Ward 20 are not serious, because the transmission line would not affect the area.</p>
	<p>
		According to the NEA, the construction could not be diverted as most of the process is over.<br />
		Meanwhile, the state-run news agency RSS reported that Chief Minister Rai has stressed that the Koshi corridor transmission line needs timely accomplishment because Province 1 was planning to bring investment in hydropower.<br />
		However, Acting Mayor of Dharan Sub Metropolis Manju Bhandari viewed that they were neither for thwarting the transmission line nor against development.<br />
		The NEA has proposed to set up the transmission line via Bhedetar-Chhoti, Morag-Sardu, Jaladhar area-Tamakham-Salbote-Chinde, and Danda-Bhyangjyan-Gorkha Memorail Park-Jalkanya Community Forest.<br />
		But, the Sub Metropolis wants to have the line via Bhedetar-Chulikot (Ghumaunedanda) to Khaire-Kokaha river-Bhaludhunga.&nbsp;</p>
</div>
<p>
	&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-22',
			'modified' => '2019-01-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9579',
			'image' => '20190122103104_clouds-electricity-energy.jpg',
			'article_date' => '2019-01-14 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
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	),
	(int) 7 => array(
		'Article' => array(
			'id' => '9804',
			'article_category_id' => '266',
			'title' => 'Global IME Bank to Distribute 16 Percent Bonus Share',
			'sub_title' => '',
			'summary' => 'January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable  profit of last fiscal year.',
			'content' => '<p style="margin-left:5.0pt">January 13: Global IME Bank has decided to distribute 16 percent bonus share to its shareholders from the distributable &nbsp;profit of last fiscal year. The 12<sup>th</sup> Annual General Meeting of the bank approved the decision on January 12. After the distribution of the bonus share, the bank&rsquo;s paid-p capital will reach Rs 10.31 billon, the bank said in a statement.</p>

<p style="margin-left:5.0pt">The bank has been providing services through a network of 133 branches, 1214 ATMs, seven extension counters, 15 revenue collection counters and 116 branchless banking facilities across the country.</p>
',
			'published' => true,
			'created' => '2019-01-13',
			'modified' => '2019-01-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9578',
			'image' => '20190113041632_12.jpg',
			'article_date' => '2019-01-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '20'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '9803',
			'article_category_id' => '266',
			'title' => 'Chairman of Nepal Bank Limited Takes Oath of Office',
			'sub_title' => '',
			'summary' => 'January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank Limited.',
			'content' => '<p>January 13: Basudev Adhikari has been appointed as the chairman of Nepal Bank Limited. Nepal Rastra Bank&rsquo;s Governor Dr Chiranjivi Nepal administered oath of office and secrecy to Adhikari amid a recent function, said the bank in a statement released on January 12.</p>

<p>Adhikari holds MA degrees in Nepali and Public Administration from Tribhuvan University. Adhikari, who had a distinguished career at the central bank of Nepal for 30 years, retired from service last year. Adhikari takes the charge of the board of directors of the bank from Janardan Sharma Acharya, who stepped down after completion of his four-year term last month, according to the bank.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-13',
			'modified' => '2019-01-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9577',
			'image' => '20190113040950_Oath Taking Ceremony NBL.jpg',
			'article_date' => '2019-01-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '20'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '9802',
			'article_category_id' => '266',
			'title' => 'Samsung Plaza announces TV Exchange offer',
			'sub_title' => '',
			'summary' => 'January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED TV.',
			'content' => '<p>January 13: Samsung Plaza has come with an offer for its customers to exchange their CRT TV with new LED TV.</p>

<p>Samsung Plaza&nbsp;said in a statement that its customers can exchange any CRT TV&nbsp;of any brand&nbsp;with a new one effective from January 11. Under this offer, maximum valuation will be provided for their old television sets.</p>

<p>However, customers willing to exchange their TVs&nbsp;can avail this offer only in Bhaktapur-based Samsung Plaza located near Barahi Cinema&nbsp;Hall and Nayabazar Plaza. Samsung Plaza said that the offer will be available from&nbsp;10.30 am till&nbsp;7&nbsp;pm and will be valid till January 18.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-13',
			'modified' => '2019-01-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9576',
			'image' => '20190113014748_Mnemonic.jpg',
			'article_date' => '2019-01-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '20'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '9801',
			'article_category_id' => '266',
			'title' => 'Himalayan Bank Introduces Chip and Pin-Based Mastercard Debit Card',
			'sub_title' => '',
			'summary' => 'January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its customers.',
			'content' => '<p>January 13: Himalayan Bank Limited, in partnership with Mastercard, has announced the launch of chip and pin-based Mastercard Debit Card for its customers. The bank said in a statement that the Himalayan Bank Mastercard Debit Card (Domestic) offers cardholders discounts of up to 20 percent on purchases at selected merchants including hotels, restaurants, pubs, clothing stores within the country.</p>

<p>As a part of the launch offer, the bank is issuing Mastercard branded debit cards without any charges to new account holders. The bank said it is also offering attractive cash backs on POS transactions within Nepal.</p>

<p>Ashoke SJB Rana, chief executive officer of Himalayan Bank, and Porush Singh, division president of Mastercard for South Asia, formally launched the debit card at a press meet organized at the corporate office of the bank on Friday, January 11.</p>

<p>Commenting on the initiative, CEO Rana said, &ldquo;We are pleased to partner with Mastercard in Nepal. Our partnership with Mastercard is based on our mutual belief and commitment in bringing unparalleled value to our customers.&rdquo; He further added that the card will be secured with chip and PIN and can be used at most of the ATM and POS terminals across Nepal and in India.</p>

<p>Meanwhile Singh said, &ldquo;Nepal has been making rapid advances towards digitisation. Mastercard is privileged to support this journey with the launch of the Himalayan Bank Mastercard Debit Card in partnership with Himalayan Bank. It is our strong belief that debit cards are the bedrock of a digitally empowered society. This product will encourage people to experience the convenience, safety and security offered by digital payments. It is also a testimony of Mastercard&rsquo;s commitment to enable a less cash economy in Nepal.&rdquo;</p>

<p>Customers can obtain the Himalayan Bank Mastercard Debit Card from all 57 branches of Himalayan Bank Limited and can be used without any charges at all the 111 ATMs of HBL. Customers can also use the card without any charges for POS transactions in Nepal and India.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-13',
			'modified' => '2019-01-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9575',
			'image' => '20190113013559_H.jpg',
			'article_date' => '2019-01-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => false,
			'in_scroller' => false,
			'user_id' => '20'
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	),
	(int) 11 => array(
		'Article' => array(
			'id' => '9800',
			'article_category_id' => '266',
			'title' => 'Everest Bank Launches Two New Accounts with Insurance Facility',
			'sub_title' => '',
			'summary' => 'January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary Account.',
			'content' => '<p>January 13: Everest Bank has signed a Memorandum of Understanding (MOU) with the Oriental Insurance Co to provide insurance facility to its customers opening the newly launched Matribhumi Bachhat Khata and Corporate Salary Account.</p>

<p>Everest Bank said in a statement that its customers opening the Matribhumi Bachhat Khata will get insurance facility up to Rs 500,000 with many other &ldquo;attractive benefits&rdquo;. Likewise, the customers who open the Corporate Salary Account with get insurance and advance salary facilities, said the statement.</p>

<p>&nbsp;The announcement was made amid a function held at its head office in Lazimpat on January 10.</p>

<p>The bank said it launched the Matribhumi Bhachat Kahata with an aim to ensure safety of the hard earned money of Nepali migrant workers offering them a good return.</p>

<p>Likewise, both the employer and the employees can benefit from the bank&rsquo;s scheme under the Corporate Salary Account.</p>

<p>EBL claimed that it currently has a customer base of over 1 million people and is providing its services through a network of 86 branches, three extension counters, 28 revenue collection counters and 116 ATMs across the country.</p>
',
			'published' => true,
			'created' => '2019-01-13',
			'modified' => '2019-01-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9574',
			'image' => '20190113012830_E.jpg',
			'article_date' => '2019-01-13 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
			'user_id' => '20'
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	),
	(int) 12 => array(
		'Article' => array(
			'id' => '9797',
			'article_category_id' => '1',
			'title' => 'NRB asks Banks to Open on Saturdays',
			'sub_title' => '',
			'summary' => 'January 13: Nepal Rastra Bank has directed banks and financial institutions (BFIs) providing revenue deposit service to open their counters on Saturdays as well. ',
			'content' => '<p>January 13: Nepal Rastra Bank has directed banks and financial institutions (BFIs) providing revenue deposit service to open their counters on Saturdays as well.&nbsp;</p>

<p>According to a news report published by Rastriya Samachar Samiti (RSS), the BFIs have been asked to keep their counters open throughout the day on Saturday in order to receive revenue collection. The central bank&rsquo;s Executive Director Narayan Prasad Poudel said that the directive to commercial banks and financial institutions was issued as per the request of the finance ministry.&nbsp;<br />
Likewise, Nepal Clearing House Limited has also been directed to remain open as normal days to carry out the clearing of cheques related to revenue deposits, RSS further said.</p>

<p>The central bank issued the directive to banks of class A, B and C, as well as financial institutions.&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-13',
			'modified' => '2019-01-13',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9573',
			'image' => '20190113035057_Nepal Rastrra Bank.jpg',
			'article_date' => '2019-01-13 00:00:00',
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	(int) 13 => array(
		'Article' => array(
			'id' => '9799',
			'article_category_id' => '1',
			'title' => 'Start-up Presents Kit to Find Adulteration in Milk',
			'sub_title' => '',
			'summary' => 'January 13: Start-ups presenting concepts of a kit that helps find adulteration in milk and zero energy cold storage have won cash prize of Rs 100,000 each.',
			'content' => '<p>January 13: Start-ups presenting concepts of a kit that helps find adulteration in milk and zero energy cold storage have won cash prize of Rs 100,000 each.</p>

<p>According to Rastriya Samachar Samiti (RSS), the prizes were presented in the third edition of the &lsquo;Swiss Nepal Technology Transfer&rsquo; workshop 2019 held in Kathmandu on Friday, January 11.</p>

<p>&nbsp;The workshop was organized by Nepalese Scientific Association Switzerland (NEPSAS), an organization of Nepalis studying and working in Switzerland.</p>

<p>Issuing a statement, the organiser said that the one with the best prototype among the two start-ups will get a chance to represent Nepal in the upcoming World Innovation Forum.</p>

<p>A total of 80 competitors had been selected from among more than 500 applicants for the prize. They were divided into different groups and were provided training for four days at GATE College in Kathmandu by experts in the field of technology and business, reads a statement issued by the organiser.</p>

<p>NEPSAS has been promoting start-up based on science and technology in the country with the objective of discouraging brain drain and to nurture the talents within the country.</p>
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			'created' => '2019-01-13',
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			'sortorder' => '9572',
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			'article_date' => '2019-01-13 00:00:00',
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		'Article' => array(
			'id' => '9798',
			'article_category_id' => '1',
			'title' => 'Call for Increased Investment to Promote Religious Tourism',
			'sub_title' => '',
			'summary' => 'January 13: Experts have called for increased investment in the tourism sector to benefit from the huge potential of Buddhist pilgrimage in Nepal, according to a news report published by Rastriya Samachar Samiti (RSS).',
			'content' => '<p>January 13: Experts have called for increased investment in the tourism sector to benefit from the huge potential of Buddhist pilgrimage in Nepal, according to a news report published by Rastriya Samachar Samiti (RSS).</p>

<p>Speaking at a day-long seminar organized by the Lumbini Buddhist University in Lumbini on Saturday, they said Buddhist philosophy was the foundation of Nepal&rsquo;s tourism, and hence it needs to be promoted.</p>

<p>According to RSS, vice-chair of the Lumbini Development Trust, Bhikshu Metteya, said the government should come up with an appropriate policy to increase investment in promoting religions tourism in the country.</p>

<p>&ldquo;India has invested a project worth Rs 40 billion in Buddhist tourism, and that has led to economic progress,&rdquo; RSS quoted Metteya as saying.</p>

<p>Dean of the University, Manik Ratna Shakya, also called for a concrete government plan to expand Buddhist philosophy while chief of the campus Fanindra Neupane stressed on support and collaboration of all to the University to further promote Buddhist philosophy.</p>

<p>Tourism entrepreneur Hem Bista stressed on the need to come up with programmes to increase the stay of tourists in Lumbini.</p>
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			'created' => '2019-01-13',
			'modified' => '2019-01-13',
			'keywords' => '',
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			'image' => '20190113122644_aaaa.jpg',
			'article_date' => '2019-01-13 00:00:00',
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