January 3: National Insurance Company (NIC) is all set to insure the quake-damaged houses which were rebuilt with the support of government grant…
January 3: National Insurance Company (NIC) is all set to insure the quake-damaged houses which were rebuilt with the support of government grant…
January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority…
January 2: IME Travel, a sister company of IME Group, has started shuttle bus service along the Panipokhari-Chandragiri route.…
January 2: Buddha Air has started preparation to expand its service in the international market.…
January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation.…
January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government.…
January 2: Tanahun’s tourism hub Bandipur welcomed 150,000 tourists during a period of one year.…
January 1: The government is planning to introduce book building system for public issuance of shares.…
January 1: In order to enhance flight safety and to maintain the standard and effectiveness of the aviation sector, the government has decided to split the Civil Aviation Authority of Nepal (CAAN), the country’s aviation regulatory body, into two autonomous…
January 1: Nepal Lube Oil limited, the authorised distributor of Gulf Oil International, which manufactures and distributes Gulf Lubricants in Nepal, has announced to distribute 40 percent cash dividend to its…
January 1: Kamana Sewa Bikas Bank announced the expansion of its network to 62 branches.…
January 1: Books ranging from Rs 2 to Rs 1,400 are available at a book exhibition underway in the Nepal Academy (NA) in…
January 1: The temperature of Kathmandu valley has dipped to zero degree Celsius.…
January 1: The number of recipients of 'smart' driving licenses from the Ekantakuna-based Department of Transport Management has surpassed…
December 31: With the onset of New Year 2019, Nepal Investment Bank Ltd (NIBL) along with its 14 VISA associate member banks will be launching two variants of Visa card under its loyalty program for…
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The company in collaboration with the government has prepared the ‘Insurance to Private Houses Rebuilt with Government Grant Procedure 2075’ to insure the houses. It is stated that the insurance policy will cover all possible risks.</p> <p>The company is about to introduce an insurance scheme of Rs 500,000. The premium charge for the policy is Rs 450 (excluding VAT) per year. The government will pay 50 percent of the insurance premium and the remaining 50 percent will be deducted from the government grant. The households that have already received all three tranches of the government grant will have to pay the insurance premium to the insurance company.</p> <p>The insurance policy period will be of five years for which the households should pay between Rs 1,200 to Rs 1,300 insurance premium. During this period, if the houses get damaged due to any reasons the company will bear the compensation for the damages. According to the procedure, the houses built with the support of government grant should compulsorily be involved in the insurance policy programme. </p> <p>The households that have not started the construction works after receiving the government grant will not be eligible for this policy. To be a part of this policy, the households should have to start the construction work. According to the company, the houses under construction will also have engineering insurance. The company will compensate if any house in the process of construction suffers from any kind of damage.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-03', 'modified' => '2019-01-04', 'keywords' => '', 'description' => '', 'sortorder' => '9509', 'image' => '20190104122223_Insurance of Houses Rebuilt with Government Grant.jpg', 'article_date' => '2019-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '9734', 'article_category_id' => '1', 'title' => 'Export of National Priority Products Drops', 'sub_title' => '', 'summary' => 'January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority products.', 'content' => '<p>January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority products.</p> <p>There has been a decrease in the export of cardamom, leather and footwear, which fall in the priority list under the ‘Nepal Trade Integrition Strategy (NTIS).</p> <p>Data published by the Trade Export Promotion Center (TEPC) on Monday, December 31, shows the decline in export of products of national priority. However, there was an increase in export of other products during the review period, according to the data.</p> <p>In the first five months of the current FY, the country exported 1.495 million kg of black cardamom worth Rs 1.236 billion. The country had exported 1.814 million kg of black cardamom during the same period of last FY while the total export last year stood at 5.43 million kg.</p> <p>It shows that the export of black cardamom in the first five months of this year plummeted by 23.8 percent. </p> <p>Likewise, the export of leather goods has also plunged down. A total of 3.73 million square feet of leather goods worth Rs 164.7 million were exported from the country in these five months. The export of leather goods in the corresponding period of last year was double the amount of this year.</p> <p>Similarly, the export of footwear also dropped by 24.1 percent this year. Last year, income generated by the export of footwear stood at Rs 633.8 million in the first five months while the income in the corresponding period of this year has been limited to Rs 480 million,. </p> <p>The government has included all kinds of agricultural products such as cardamom, , ginger, tea, herbs and domestic products including garments, readymade clothes, thread, pashmina, leather goods, shoes etc in the national priority list.</p> <p>Sharad Bikram Rana, executive director of TEPC, said that overall export of the country is encouraging but the trade deficit is escalating because of low export compared to import.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9508', 'image' => '20190102040430_1111.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '9733', 'article_category_id' => '266', 'title' => 'IME Travel Starts Shuttle Bus Service', 'sub_title' => '', 'summary' => 'January 2: IME Travel, a sister company of IME Group, has started shuttle bus service along the Panipokhari-Chandragiri route. ', 'content' => '<p>January 2: IME Travel, a sister company of IME Group, has started shuttle bus service along the Panipokhari-Chandragiri route. The company inaugurated the service from January 1 on the occasion of New Year 2019.</p> <p>The bus starts its service daily at 10 am from IME Complex, Panipokhari and reaches the station of Chandragiri Hills Limited via Lazimpat, Kantipath, Shorakhute, Soltimode, Kalanki.</p> <p>Binod Sapkota, CEO of IME Travels, informed that the company aims to ease the transportation of locals and foreigners with the operation of the bus service. </p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9507', 'image' => '20190102032322_PR.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '9732', 'article_category_id' => '1', 'title' => 'Buddha Air Planning to Operate Int’l Flights from Pokhara', 'sub_title' => '', 'summary' => 'January 2: Buddha Air has started preparation to expand its service in the international market. ', 'content' => '<p>January 2: Buddha Air has started preparation to further expand its service in the international market. The airline company plans to register a new company in Pokhara under its brand for this purpose.</p> <p>Buddha Air plans to sort out the economic and technical issues within six months before starting the international service. It is said that the name of the new company will be named as ‘Buddha Air International’.</p> <p>Sources at Buddha Air said that the airline company adopted this approach to capitalize on the increasing inflow of tourists in Pokhara.</p> <p>Buddha Air’s Marketing Director Rupesh Joshi confirmed that the company is planning to operate international flights from Pokhara by establishing a company in the lake city.</p> <p>According to the company, it is also preparing to finalize the purchase of aircraft for operating international flights by the time the regional airport of Pokhara gets upgraded into an international airport in 2020.</p> <p> “The Tribhuvan International Airport is very congested and the government is upgrading Pokhara Regional Airport into international standard. Since it will take some time to start international flights from Pokhara, we have been currently involved in registering the new company.”</p> <p>Buddha Air is also planning to start flights to Kolkata from mid-April. Joshi informed that it will start the service thrice a week on Mondays, Wednesdays and Fridays.</p> <p>He also informed that the company is adding two more aircraft to its fleet in February. At present, the company has been operating its services with 11 aircraft. Currently, Buddha Air operates international flights to Beneras twice a week.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9506', 'image' => '20190102040524_2222.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '9731', 'article_category_id' => '1', 'title' => 'Parliamentary Panel Recommends Action Against Minister ', 'sub_title' => '', 'summary' => 'January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation. ', 'content' => '<p>January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation. The sub-committee under the Public Accounts Committee (PAC) of parliament has held him accountable for irregularities in the procurement process for providing misleading information to the sub-committee and for shying away from his duties.</p> <p>The parliamentary panel has also accused former ministers Jitendra Narayan Dev and Jeevan Bahadur Shahi of their involvement in the scam.</p> <p>The sub-committee headed by lawmaker Rajan KC has recommended suspending Director General of Nepal Airlines Corporation Sugat Ratna Kansakar, secretary at the Ministry of Culture, Tourism and Civil Aviation Krishna Prasad Devkota and former secretary at the ministry Prem Kumar Rai, who is currently the home secretary.</p> <p>The Public Accounts Committee had formed the sub-committee to investigate into irregularities during the procurement of the wide-body aircraft. The panel has concluded that the authorities were involved in misappropriating Rs 4.37 billion while procuring the aircraft. On Wednesday (January 2), coordinator of the sub-committee KC handed over a 38-page report of investigation to the chairman of PAC Bharat Kumar Shah.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-04', 'keywords' => '', 'description' => '', 'sortorder' => '9505', 'image' => '20190102023452_Widebody-Report.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '9730', 'article_category_id' => '1', 'title' => 'Govt Proposal Risks Destabilizing Industrial Sector', 'sub_title' => '', 'summary' => 'January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government. ', 'content' => '<p>January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government. Big corporate houses, companies, banks and financial institutions, representatives of the private sector as well as trade unions have said in unison that the amendment proposal aims to demoralize both the industrialists and the workers. They have demanded the government to withdraw the amendment proposal and initiate dialogues with the concerned stakeholders.</p> <p>In this regard, the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) held discussions with the representatives of multinational companies operating in Nepal on Tuesday (January 1) and reached to the conclusion that the amendment proposal is inappropriate. The FNCCI also urged the government to reconsider its decision to amend the Act.</p> <p>“The amendment proposal is certain to spoil the good relation between the employer and the employee. Therefore, we held discussions on requesting the government to withdraw the amendment proposal,” said Shekhar Golcha, senior vice president of FNCCI.</p> <p>There will definitely be a revolt if the government snatches away the perks and benefits that the workers have been enjoying, argued Golcha.</p> <p>“This decision will have a long-term effect in the industrial sector,” he added.</p> <p>Nepal Bankers’ Association also held discussions regarding this issue on Tuesday. The association’s executive director Anil Sharma said that the government’s decision will have a direct impact on the banking sector as thousands of employees will be denied their perks and benefits which they have been receiving so far.</p> <p>“The amendment will demoralize thousands of workers,” he said.</p> <p>Likewise, the trade union affiliated to Nepali Congress warned the government of grave consequences if the government goes ahead with the amendment proposal which is against the wishes of both the employers and the employees.</p> <p>The Bonus Act 2030 currently has a provision of depositing 30 percent of amount left after distributing bonuses to the employees at the social security fund of the government. However, the government’s amendment proposal seeks to take away 70 percent of the amount, leaving very little benefits for the employees.</p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9504', 'image' => '20190102020856_aaaaaa.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '9729', 'article_category_id' => '1', 'title' => 'Bandipur receives 150,000 Tourists in a Year', 'sub_title' => '', 'summary' => 'January 2: Tanahun’s tourism hub Bandipur welcomed 150,000 tourists during a period of one year. ', 'content' => '<p>January 2: Tanahun’s tourism hub Bandipur welcomed 150,000 tourists during a period of one year. Bandipur’s Tourism Development Committee Chairperson Baisha Bahadur Gurung informed Rastriya Samachar Samiti that 150,000 tourists had visited Bandipur from January to December 2018.</p> <p>According to RSS, around 100,000 tourists had visited Bandipur in the year 2017.</p> <p>“Roughly, 80 percent of the visitors are domestic tourists,” RSS quoted Gurung as saying.</p> <p>“The tourism hub had received higher number of external tourists from the United States, Thailand, China, India and Korea,” he added. <br /> There was a huge influx of domestic tourists to Bandipur during the English New Year 2019, he further said, adding that Nepali people have gradually cultivated the habit of visiting places within the country which also has contributed to promote domestic tourism. <br /> </p> <p>According to tourism entrepreneurs of Bandipur, a huge number of tourists flock to Bandipur in the winter season. On an average, around 300 tourists visit Bandipur every day. <br /> Bandipur has 57 hotels and 22 home stay facilities to manage the living and food accommodation of tourists, according to RSS.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9503', 'image' => '20190102010114_aaaa.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '9728', 'article_category_id' => '1', 'title' => 'Book Building System to Start Public Issue of Shares', 'sub_title' => '', 'summary' => 'January 1: The government is planning to introduce book building system for public issuance of shares. ', 'content' => '<p> January 1: The government is planning to introduce book building system for public issuance of shares. The government took such decision as per the recommendation of a committee formed to study the problems of the share market. The committee announced that the government has decided to introduce the system for Initial Public Offering (IPO) as well as for Further Public Offering (FPO).</p> <p> Until the new system comes into operation, the committee has recommended the government not to allow issuing of FPO at a price more than the net worth of the company and IPO at a price more than double the net worth.</p> <p> The committee has recommended the Securities Board of Nepal (Sebon) to implement this suggestion with immediate effect.</p> <p> Book building system is a kind of bidding process. Under this system, the companies issuing shares will have to auction a certain portion of their shares. International practice is to adopt the ‘Dutch Auction’ for such bidding process.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-27', 'keywords' => '', 'description' => '', 'sortorder' => '9502', 'image' => '20190101042956_IPO.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '9727', 'article_category_id' => '1', 'title' => 'Government to Restructure Aviation Sector of Nepal', 'sub_title' => '', 'summary' => 'January 1: In order to enhance flight safety and to maintain the standard and effectiveness of the aviation sector, the government has decided to split the Civil Aviation Authority of Nepal (CAAN), the country’s aviation regulatory body, into two autonomous entities.', 'content' => '<p>January 1: In order to enhance flight safety and to maintain the standard and effectiveness of the aviation sector, the government has decided to split the Civil Aviation Authority of Nepal (CAAN), the country’s aviation regulatory body, into two autonomous entities. According to Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari, the government has made necessary preparations to divide the CAAN into regulator and service provider.</p> <p>Stressing the need of separating the duties of a regulator and service provider during the 20<sup>th</sup> anniversary of CAAN on December 31, Minister Adhikari said the division will propel the growth of the aviation sector in Nepal.</p> <p> “The decision of splitting CAAN into regulator and service provider was not taken under the pressure of anyone or the European Union (EU). We believe that the segregation will fit in the current scenario of the aviation sector of Nepal,” he said.</p> <p>He also requested the CAAN’s employees to continue their work effectively in the same sections they have been assigned to.</p> <p>“The Ministry of Culture, Tourism and Civil Aviation is highly concerned about employees’ adjustment and growth of the industry. We will fulfill all these things through the existing legal provisions.”</p> <p>The minister asserted that the government took such decision to make the aviation sector an autonomous body. “This division doesn’t mean that we want to make CAAN fragile. We just want to ensure growth of this sector by making it competent in the global aviation market.”</p> <p>Likewise, Minister Adhikari said that preparations are underway to make the Gautam Buddha International Airport ready for operation within 2019. He also informed that the construction of Pokhara Airport will be completed within the project deadline and the work of Nijgadh Airport will be carried out according to the report prepared by a parliamentary committee.</p> <p>According to the Secretary at the Ministry of Culture, Tourism and Civil Aviation, Krishna Prasad Devkota, the government’s attempt to make Tribhuvan International Airport as a boutique airport reflecting nationality and new technologies will be initiated from April 14 this year.</p> <p>He also informed the audience that the authority has already fulfilled the requirement of ICAO and also corresponded with the EU directly through the Ministry of Foreign Affairs to remove Nepal from the blacklist.</p> <p>Sanjiv Gautam, director general of CAAN,</p> <p>said that Nepal has signed bilateral flight agreements with 38 nations till date and a total of 29 international airliners from 13 different countries including three Nepali airline companies are operating flights to the Tribhuvan International Airport. He informed 3.54 million passengers arrived at the TIA within the first 10 month of 2018 through international airlines while 2.30 million passengers arrived at the airport through Nepal aircraft.</p> <p>During the program, CAAN’s Employee Trade Union expressed disagreement regarding splitting the CAAN. Anil Gupta, a representative of CAAN’s Employee Trade Union, said, “Splitting CAAN into Service provider and regulator cannot help the aviation sector of Nepal to remove itself from the Significant Safety Concern (SSC) list of the EU.”</p> <p>The union demanded ending the restriction of EU diplomatically rather than by changing the existing structure of CAAN.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9501', 'image' => '20190101040656_IMG_20181231_124058.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '9726', 'article_category_id' => '266', 'title' => 'Nepal Lube Oil Limited Announces 40% Cash dividend', 'sub_title' => '', 'summary' => 'January 1: Nepal Lube Oil limited, the authorised distributor of Gulf Oil International, which manufactures and distributes Gulf Lubricants in Nepal, has announced to distribute 40 percent cash dividend to its shareholders.', 'content' => '<p>January 1: Nepal Lube Oil limited, the authorised distributor of Gulf Oil International, which manufactures and distributes Gulf Lubricants in Nepal, has announced to distribute 40 percent cash dividend to its shareholders.</p> <p>The announcement was made during the 27<sup>th</sup> AGM of the company on December 27 in Lalitpur.</p> <p> “The business of lubricants in Nepal is highly competitive, but Gulf Lubricants with its dedicated team and innovative strategy backed by world class products has managed to achieve the volume of 2600+ kilo litres sales in this financial year,” said Arun Kumar Chaudhary, chairman and MD of the company.</p> <p> He further added, “This has further consolidated our position as No 1 lubricant brand in the country.”</p> <p> </p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9500', 'image' => '20190101024320_nepal lube.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '9725', 'article_category_id' => '266', 'title' => 'Kamana Sewa Bikas Bank’s Branch in Kalanki', 'sub_title' => '', 'summary' => 'January 1: Kamana Sewa Bikas Bank announced the expansion of its network to 62 branches. ', 'content' => '<p>January 1: Kamana Sewa Bikas Bank announced the expansion of its network to 62 branches. Issuing a statement on Monday (December 31), the bank said that it opened the latest branch at Kalanki, Kathmandu.</p> <p>Sudeep Acharya, chairman of the bank; Bishweshwar Subedi and Dev Krishna Kafle, directors of the bank along with Prabin Basnet, acting chief executive officer of the bank were present during the inauguration of the branch.</p> <p>The bank said it has been providing services through a network of 62 branches and 17 ATMs across the country.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9499', 'image' => '20190101023551_kalanki opening.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '9722', 'article_category_id' => '1', 'title' => 'Books with price tag of Rs 2 available at NA Exhibition', 'sub_title' => '', 'summary' => 'January 1: Books ranging from Rs 2 to Rs 1,400 are available at a book exhibition underway in the Nepal Academy (NA) in Kathmandu.', 'content' => '<h3>January 1: Books ranging from Rs 2 to Rs 1,400 are available at a book exhibition underway in the Nepal Academy (NA) in Kathmandu.<br /> The exhibition to be run till January 13 provides books about language and literature, philosophy and sociology by 350 writers, according to the book fair manager Sudhir Dhungel. <br /> Rastriya Samachar Samiti reported that the book fair also has dictionaries of Maithili, Bhojpuri, Gurung and Limbu languages and books giving information about their tradition and customs from birth to death. <br /> Inaugurating the expo organised on the occasion of Prithvi Jayanti, the birth anniversary of king Prithvi Narayan Shah, the unifier of modern Nepal, NA chancellor Ganga Prasad Upreti said books with discount offers are available in the exhibition for conveniences of readers. </h3> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9498', 'image' => '20190101012258_aaaa.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '9724', 'article_category_id' => '1', 'title' => 'Kathmandu’s Temperature Plummets to 0 Degree', 'sub_title' => '', 'summary' => 'January 1: The temperature of Kathmandu valley has dipped to zero degree Celsius. ', 'content' => '<p>January 1: The temperature of Kathmandu valley has dipped to zero degree Celsius. With the dip in temperature, Monday remained the coldest day of this winter, according to Rastriya Samachar Samiti.</p> <p>According to the Weather Forecasting Division, the temperature of Kathmandu valley was recorded at 0.5 degrees Celsius. On Sunday, the temperature of Kathmandu was recorded at one degree Celsius. The Weather Forecasting Division said that the temperature in the valley would remain between 0 to 3 degrees Celsius.</p> <p>As per the Weather Forecasting Division's record, Dadeldhura, Dhankuta, Nepalgunj, Simara and Pokhara recorded a minimum of 4 degrees Celsius while Jiri, Jomsom and Jumla recorded sub-zero temperature.</p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9497', 'image' => '20190101015012_down jacket.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '9723', 'article_category_id' => '266', 'title' => 'DoTM Alone Issues Over 350,000 Smart Driving Licenses', 'sub_title' => '', 'summary' => 'January 1: The number of recipients of 'smart' driving licenses from the Ekantakuna-based Department of Transport Management has surpassed 350,000.', 'content' => '<p>January 1: The number of recipients of 'smart' driving licenses from the Ekantakuna-based Department of Transport Management has surpassed 350,000.</p> <p>According to the department, it has issued smart licenses to 354,000 people in the past four years while 203,000 are in queue to obtain the electronic document, according to a report published by Rastriya Samachar Samiti (RSS).</p> <p>Until last year, the Ekantakuna-based office was the only office to issue smart driving licenses. But now, all transport offices across the country issue smart licenses, according to RSS.</p> <p>The state-run news agency further said that any individual passing the written exam for acquiring driving license and successfully completing the 'trial' are eligible to receive the smart cards and so far 557,000 (for both new and renewed services) have paid the revenue seeking smart cards.</p> <p>According to RSS, Section Officer Ramesh Poudel admitted that lack of sufficient number of equipment to print cards has caused difficulty to provide cards on time.</p> <p>Service seekers who have passed the exam as well as trial have to wait for over a year to get smart licenses at present. In order to ease the printing of the smart licenses, the department had awarded a one-off contract some months ago to a private company to print upto 600,000 smart licenses within 45 days. However, the company- Malika Incorporate – has failed to print the licenses on time reportedly due to technical problems.</p> <p>Gokarna Prasad Upadhyay, then spokesperson of DoTM, had said in October that more than 500,000 applicants who have already passed the written examinations as well as trial for license were waiting since a long time to get their licenses.</p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9496', 'image' => '20190101014122_Smart-Driving-License.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '9721', 'article_category_id' => '266', 'title' => 'NIBL and its VISA Associates to launch VISA Card Loyalty Program 2019', 'sub_title' => '', 'summary' => 'December 31: With the onset of New Year 2019, Nepal Investment Bank Ltd (NIBL) along with its 14 VISA associate member banks will be launching two variants of Visa card under its loyalty program for 2019.', 'content' => '<p>December 31: With the onset of New Year 2019, Nepal Investment Bank Ltd (NIBL) along with its 14 VISA associate member banks will be launching two variants of Visa card under its loyalty program for 2019.</p> <p>According to a statement issued by NIBL, Sunday Funday is a VISA card loyalty program where all VISAcard holders of these banks are entitled to 15 percent cash back (maximum of Rs 500) on every purchase made on Sunday through VISA domestic cards at all POS terminals within Nepal.</p> <p>Likewise, Wow Wednesday!! is a unique loyalty program where all VISA card holders of these banks receive gift vouchers of maximum Rs 750 for shopping on every Wednesday at all outlets of Bhat-Bhateni Supermarket (BBSM).</p> <p>Card holders of Century Bank Ltd, Garima Bikas Bank Ltd, Global IME Bank, Kailash Bikas Bank Ltd, Kumari Bank Ltd, Mahalaxmi Development Bank, Mega Bank Nepal Ltd, Muktinath Bikash Bank, Nepal Bank Ltd, NCC Bank, Nepal Investment Bank Ltd, Rastriya Banijya Bank, Sanima Bank, Sahayogi Vikas Bank Ltd, and United Finance Ltd will benefit under this program.</p> <p>Further, the statement said that such loyalty programs in partnership with VISAwill encourage less-cash economy to promote secured and convenient digital payment in the country.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-12-31', 'modified' => '2018-12-31', 'keywords' => '', 'description' => '', 'sortorder' => '9495', 'image' => '20181231041821_NIBL visa card.jpg', 'article_date' => '2018-12-31 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '9737', 'article_category_id' => '1', 'title' => 'Insurance of Houses Rebuilt with Government Grant', 'sub_title' => '', 'summary' => 'January 3: National Insurance Company (NIC) is all set to insure the quake-damaged houses which were rebuilt with the support of government grant assistance.', 'content' => '<p>January 3: National Insurance Company (NIC) is all set to insure the quake-damaged houses which were rebuilt with the support of government grant assistance. The company in collaboration with the government has prepared the ‘Insurance to Private Houses Rebuilt with Government Grant Procedure 2075’ to insure the houses. It is stated that the insurance policy will cover all possible risks.</p> <p>The company is about to introduce an insurance scheme of Rs 500,000. The premium charge for the policy is Rs 450 (excluding VAT) per year. The government will pay 50 percent of the insurance premium and the remaining 50 percent will be deducted from the government grant. The households that have already received all three tranches of the government grant will have to pay the insurance premium to the insurance company.</p> <p>The insurance policy period will be of five years for which the households should pay between Rs 1,200 to Rs 1,300 insurance premium. During this period, if the houses get damaged due to any reasons the company will bear the compensation for the damages. According to the procedure, the houses built with the support of government grant should compulsorily be involved in the insurance policy programme. </p> <p>The households that have not started the construction works after receiving the government grant will not be eligible for this policy. To be a part of this policy, the households should have to start the construction work. According to the company, the houses under construction will also have engineering insurance. The company will compensate if any house in the process of construction suffers from any kind of damage.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-03', 'modified' => '2019-01-04', 'keywords' => '', 'description' => '', 'sortorder' => '9509', 'image' => '20190104122223_Insurance of Houses Rebuilt with Government Grant.jpg', 'article_date' => '2019-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '9734', 'article_category_id' => '1', 'title' => 'Export of National Priority Products Drops', 'sub_title' => '', 'summary' => 'January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority products.', 'content' => '<p>January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority products.</p> <p>There has been a decrease in the export of cardamom, leather and footwear, which fall in the priority list under the ‘Nepal Trade Integrition Strategy (NTIS).</p> <p>Data published by the Trade Export Promotion Center (TEPC) on Monday, December 31, shows the decline in export of products of national priority. However, there was an increase in export of other products during the review period, according to the data.</p> <p>In the first five months of the current FY, the country exported 1.495 million kg of black cardamom worth Rs 1.236 billion. The country had exported 1.814 million kg of black cardamom during the same period of last FY while the total export last year stood at 5.43 million kg.</p> <p>It shows that the export of black cardamom in the first five months of this year plummeted by 23.8 percent. </p> <p>Likewise, the export of leather goods has also plunged down. A total of 3.73 million square feet of leather goods worth Rs 164.7 million were exported from the country in these five months. The export of leather goods in the corresponding period of last year was double the amount of this year.</p> <p>Similarly, the export of footwear also dropped by 24.1 percent this year. Last year, income generated by the export of footwear stood at Rs 633.8 million in the first five months while the income in the corresponding period of this year has been limited to Rs 480 million,. </p> <p>The government has included all kinds of agricultural products such as cardamom, , ginger, tea, herbs and domestic products including garments, readymade clothes, thread, pashmina, leather goods, shoes etc in the national priority list.</p> <p>Sharad Bikram Rana, executive director of TEPC, said that overall export of the country is encouraging but the trade deficit is escalating because of low export compared to import.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9508', 'image' => '20190102040430_1111.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '9733', 'article_category_id' => '266', 'title' => 'IME Travel Starts Shuttle Bus Service', 'sub_title' => '', 'summary' => 'January 2: IME Travel, a sister company of IME Group, has started shuttle bus service along the Panipokhari-Chandragiri route. ', 'content' => '<p>January 2: IME Travel, a sister company of IME Group, has started shuttle bus service along the Panipokhari-Chandragiri route. The company inaugurated the service from January 1 on the occasion of New Year 2019.</p> <p>The bus starts its service daily at 10 am from IME Complex, Panipokhari and reaches the station of Chandragiri Hills Limited via Lazimpat, Kantipath, Shorakhute, Soltimode, Kalanki.</p> <p>Binod Sapkota, CEO of IME Travels, informed that the company aims to ease the transportation of locals and foreigners with the operation of the bus service. </p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9507', 'image' => '20190102032322_PR.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '9732', 'article_category_id' => '1', 'title' => 'Buddha Air Planning to Operate Int’l Flights from Pokhara', 'sub_title' => '', 'summary' => 'January 2: Buddha Air has started preparation to expand its service in the international market. ', 'content' => '<p>January 2: Buddha Air has started preparation to further expand its service in the international market. The airline company plans to register a new company in Pokhara under its brand for this purpose.</p> <p>Buddha Air plans to sort out the economic and technical issues within six months before starting the international service. It is said that the name of the new company will be named as ‘Buddha Air International’.</p> <p>Sources at Buddha Air said that the airline company adopted this approach to capitalize on the increasing inflow of tourists in Pokhara.</p> <p>Buddha Air’s Marketing Director Rupesh Joshi confirmed that the company is planning to operate international flights from Pokhara by establishing a company in the lake city.</p> <p>According to the company, it is also preparing to finalize the purchase of aircraft for operating international flights by the time the regional airport of Pokhara gets upgraded into an international airport in 2020.</p> <p> “The Tribhuvan International Airport is very congested and the government is upgrading Pokhara Regional Airport into international standard. Since it will take some time to start international flights from Pokhara, we have been currently involved in registering the new company.”</p> <p>Buddha Air is also planning to start flights to Kolkata from mid-April. Joshi informed that it will start the service thrice a week on Mondays, Wednesdays and Fridays.</p> <p>He also informed that the company is adding two more aircraft to its fleet in February. At present, the company has been operating its services with 11 aircraft. Currently, Buddha Air operates international flights to Beneras twice a week.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9506', 'image' => '20190102040524_2222.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '9731', 'article_category_id' => '1', 'title' => 'Parliamentary Panel Recommends Action Against Minister ', 'sub_title' => '', 'summary' => 'January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation. ', 'content' => '<p>January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation. The sub-committee under the Public Accounts Committee (PAC) of parliament has held him accountable for irregularities in the procurement process for providing misleading information to the sub-committee and for shying away from his duties.</p> <p>The parliamentary panel has also accused former ministers Jitendra Narayan Dev and Jeevan Bahadur Shahi of their involvement in the scam.</p> <p>The sub-committee headed by lawmaker Rajan KC has recommended suspending Director General of Nepal Airlines Corporation Sugat Ratna Kansakar, secretary at the Ministry of Culture, Tourism and Civil Aviation Krishna Prasad Devkota and former secretary at the ministry Prem Kumar Rai, who is currently the home secretary.</p> <p>The Public Accounts Committee had formed the sub-committee to investigate into irregularities during the procurement of the wide-body aircraft. The panel has concluded that the authorities were involved in misappropriating Rs 4.37 billion while procuring the aircraft. On Wednesday (January 2), coordinator of the sub-committee KC handed over a 38-page report of investigation to the chairman of PAC Bharat Kumar Shah.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-04', 'keywords' => '', 'description' => '', 'sortorder' => '9505', 'image' => '20190102023452_Widebody-Report.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '9730', 'article_category_id' => '1', 'title' => 'Govt Proposal Risks Destabilizing Industrial Sector', 'sub_title' => '', 'summary' => 'January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government. ', 'content' => '<p>January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government. Big corporate houses, companies, banks and financial institutions, representatives of the private sector as well as trade unions have said in unison that the amendment proposal aims to demoralize both the industrialists and the workers. They have demanded the government to withdraw the amendment proposal and initiate dialogues with the concerned stakeholders.</p> <p>In this regard, the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) held discussions with the representatives of multinational companies operating in Nepal on Tuesday (January 1) and reached to the conclusion that the amendment proposal is inappropriate. The FNCCI also urged the government to reconsider its decision to amend the Act.</p> <p>“The amendment proposal is certain to spoil the good relation between the employer and the employee. Therefore, we held discussions on requesting the government to withdraw the amendment proposal,” said Shekhar Golcha, senior vice president of FNCCI.</p> <p>There will definitely be a revolt if the government snatches away the perks and benefits that the workers have been enjoying, argued Golcha.</p> <p>“This decision will have a long-term effect in the industrial sector,” he added.</p> <p>Nepal Bankers’ Association also held discussions regarding this issue on Tuesday. The association’s executive director Anil Sharma said that the government’s decision will have a direct impact on the banking sector as thousands of employees will be denied their perks and benefits which they have been receiving so far.</p> <p>“The amendment will demoralize thousands of workers,” he said.</p> <p>Likewise, the trade union affiliated to Nepali Congress warned the government of grave consequences if the government goes ahead with the amendment proposal which is against the wishes of both the employers and the employees.</p> <p>The Bonus Act 2030 currently has a provision of depositing 30 percent of amount left after distributing bonuses to the employees at the social security fund of the government. However, the government’s amendment proposal seeks to take away 70 percent of the amount, leaving very little benefits for the employees.</p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9504', 'image' => '20190102020856_aaaaaa.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '9729', 'article_category_id' => '1', 'title' => 'Bandipur receives 150,000 Tourists in a Year', 'sub_title' => '', 'summary' => 'January 2: Tanahun’s tourism hub Bandipur welcomed 150,000 tourists during a period of one year. ', 'content' => '<p>January 2: Tanahun’s tourism hub Bandipur welcomed 150,000 tourists during a period of one year. Bandipur’s Tourism Development Committee Chairperson Baisha Bahadur Gurung informed Rastriya Samachar Samiti that 150,000 tourists had visited Bandipur from January to December 2018.</p> <p>According to RSS, around 100,000 tourists had visited Bandipur in the year 2017.</p> <p>“Roughly, 80 percent of the visitors are domestic tourists,” RSS quoted Gurung as saying.</p> <p>“The tourism hub had received higher number of external tourists from the United States, Thailand, China, India and Korea,” he added. <br /> There was a huge influx of domestic tourists to Bandipur during the English New Year 2019, he further said, adding that Nepali people have gradually cultivated the habit of visiting places within the country which also has contributed to promote domestic tourism. <br /> </p> <p>According to tourism entrepreneurs of Bandipur, a huge number of tourists flock to Bandipur in the winter season. On an average, around 300 tourists visit Bandipur every day. <br /> Bandipur has 57 hotels and 22 home stay facilities to manage the living and food accommodation of tourists, according to RSS.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9503', 'image' => '20190102010114_aaaa.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '9728', 'article_category_id' => '1', 'title' => 'Book Building System to Start Public Issue of Shares', 'sub_title' => '', 'summary' => 'January 1: The government is planning to introduce book building system for public issuance of shares. ', 'content' => '<p> January 1: The government is planning to introduce book building system for public issuance of shares. The government took such decision as per the recommendation of a committee formed to study the problems of the share market. The committee announced that the government has decided to introduce the system for Initial Public Offering (IPO) as well as for Further Public Offering (FPO).</p> <p> Until the new system comes into operation, the committee has recommended the government not to allow issuing of FPO at a price more than the net worth of the company and IPO at a price more than double the net worth.</p> <p> The committee has recommended the Securities Board of Nepal (Sebon) to implement this suggestion with immediate effect.</p> <p> Book building system is a kind of bidding process. Under this system, the companies issuing shares will have to auction a certain portion of their shares. International practice is to adopt the ‘Dutch Auction’ for such bidding process.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-27', 'keywords' => '', 'description' => '', 'sortorder' => '9502', 'image' => '20190101042956_IPO.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '9727', 'article_category_id' => '1', 'title' => 'Government to Restructure Aviation Sector of Nepal', 'sub_title' => '', 'summary' => 'January 1: In order to enhance flight safety and to maintain the standard and effectiveness of the aviation sector, the government has decided to split the Civil Aviation Authority of Nepal (CAAN), the country’s aviation regulatory body, into two autonomous entities.', 'content' => '<p>January 1: In order to enhance flight safety and to maintain the standard and effectiveness of the aviation sector, the government has decided to split the Civil Aviation Authority of Nepal (CAAN), the country’s aviation regulatory body, into two autonomous entities. According to Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari, the government has made necessary preparations to divide the CAAN into regulator and service provider.</p> <p>Stressing the need of separating the duties of a regulator and service provider during the 20<sup>th</sup> anniversary of CAAN on December 31, Minister Adhikari said the division will propel the growth of the aviation sector in Nepal.</p> <p> “The decision of splitting CAAN into regulator and service provider was not taken under the pressure of anyone or the European Union (EU). We believe that the segregation will fit in the current scenario of the aviation sector of Nepal,” he said.</p> <p>He also requested the CAAN’s employees to continue their work effectively in the same sections they have been assigned to.</p> <p>“The Ministry of Culture, Tourism and Civil Aviation is highly concerned about employees’ adjustment and growth of the industry. We will fulfill all these things through the existing legal provisions.”</p> <p>The minister asserted that the government took such decision to make the aviation sector an autonomous body. “This division doesn’t mean that we want to make CAAN fragile. We just want to ensure growth of this sector by making it competent in the global aviation market.”</p> <p>Likewise, Minister Adhikari said that preparations are underway to make the Gautam Buddha International Airport ready for operation within 2019. He also informed that the construction of Pokhara Airport will be completed within the project deadline and the work of Nijgadh Airport will be carried out according to the report prepared by a parliamentary committee.</p> <p>According to the Secretary at the Ministry of Culture, Tourism and Civil Aviation, Krishna Prasad Devkota, the government’s attempt to make Tribhuvan International Airport as a boutique airport reflecting nationality and new technologies will be initiated from April 14 this year.</p> <p>He also informed the audience that the authority has already fulfilled the requirement of ICAO and also corresponded with the EU directly through the Ministry of Foreign Affairs to remove Nepal from the blacklist.</p> <p>Sanjiv Gautam, director general of CAAN,</p> <p>said that Nepal has signed bilateral flight agreements with 38 nations till date and a total of 29 international airliners from 13 different countries including three Nepali airline companies are operating flights to the Tribhuvan International Airport. He informed 3.54 million passengers arrived at the TIA within the first 10 month of 2018 through international airlines while 2.30 million passengers arrived at the airport through Nepal aircraft.</p> <p>During the program, CAAN’s Employee Trade Union expressed disagreement regarding splitting the CAAN. Anil Gupta, a representative of CAAN’s Employee Trade Union, said, “Splitting CAAN into Service provider and regulator cannot help the aviation sector of Nepal to remove itself from the Significant Safety Concern (SSC) list of the EU.”</p> <p>The union demanded ending the restriction of EU diplomatically rather than by changing the existing structure of CAAN.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9501', 'image' => '20190101040656_IMG_20181231_124058.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '9726', 'article_category_id' => '266', 'title' => 'Nepal Lube Oil Limited Announces 40% Cash dividend', 'sub_title' => '', 'summary' => 'January 1: Nepal Lube Oil limited, the authorised distributor of Gulf Oil International, which manufactures and distributes Gulf Lubricants in Nepal, has announced to distribute 40 percent cash dividend to its shareholders.', 'content' => '<p>January 1: Nepal Lube Oil limited, the authorised distributor of Gulf Oil International, which manufactures and distributes Gulf Lubricants in Nepal, has announced to distribute 40 percent cash dividend to its shareholders.</p> <p>The announcement was made during the 27<sup>th</sup> AGM of the company on December 27 in Lalitpur.</p> <p> “The business of lubricants in Nepal is highly competitive, but Gulf Lubricants with its dedicated team and innovative strategy backed by world class products has managed to achieve the volume of 2600+ kilo litres sales in this financial year,” said Arun Kumar Chaudhary, chairman and MD of the company.</p> <p> He further added, “This has further consolidated our position as No 1 lubricant brand in the country.”</p> <p> </p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9500', 'image' => '20190101024320_nepal lube.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '9725', 'article_category_id' => '266', 'title' => 'Kamana Sewa Bikas Bank’s Branch in Kalanki', 'sub_title' => '', 'summary' => 'January 1: Kamana Sewa Bikas Bank announced the expansion of its network to 62 branches. ', 'content' => '<p>January 1: Kamana Sewa Bikas Bank announced the expansion of its network to 62 branches. Issuing a statement on Monday (December 31), the bank said that it opened the latest branch at Kalanki, Kathmandu.</p> <p>Sudeep Acharya, chairman of the bank; Bishweshwar Subedi and Dev Krishna Kafle, directors of the bank along with Prabin Basnet, acting chief executive officer of the bank were present during the inauguration of the branch.</p> <p>The bank said it has been providing services through a network of 62 branches and 17 ATMs across the country.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9499', 'image' => '20190101023551_kalanki opening.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '9722', 'article_category_id' => '1', 'title' => 'Books with price tag of Rs 2 available at NA Exhibition', 'sub_title' => '', 'summary' => 'January 1: Books ranging from Rs 2 to Rs 1,400 are available at a book exhibition underway in the Nepal Academy (NA) in Kathmandu.', 'content' => '<h3>January 1: Books ranging from Rs 2 to Rs 1,400 are available at a book exhibition underway in the Nepal Academy (NA) in Kathmandu.<br /> The exhibition to be run till January 13 provides books about language and literature, philosophy and sociology by 350 writers, according to the book fair manager Sudhir Dhungel. <br /> Rastriya Samachar Samiti reported that the book fair also has dictionaries of Maithili, Bhojpuri, Gurung and Limbu languages and books giving information about their tradition and customs from birth to death. <br /> Inaugurating the expo organised on the occasion of Prithvi Jayanti, the birth anniversary of king Prithvi Narayan Shah, the unifier of modern Nepal, NA chancellor Ganga Prasad Upreti said books with discount offers are available in the exhibition for conveniences of readers. </h3> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9498', 'image' => '20190101012258_aaaa.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '9724', 'article_category_id' => '1', 'title' => 'Kathmandu’s Temperature Plummets to 0 Degree', 'sub_title' => '', 'summary' => 'January 1: The temperature of Kathmandu valley has dipped to zero degree Celsius. ', 'content' => '<p>January 1: The temperature of Kathmandu valley has dipped to zero degree Celsius. With the dip in temperature, Monday remained the coldest day of this winter, according to Rastriya Samachar Samiti.</p> <p>According to the Weather Forecasting Division, the temperature of Kathmandu valley was recorded at 0.5 degrees Celsius. On Sunday, the temperature of Kathmandu was recorded at one degree Celsius. The Weather Forecasting Division said that the temperature in the valley would remain between 0 to 3 degrees Celsius.</p> <p>As per the Weather Forecasting Division's record, Dadeldhura, Dhankuta, Nepalgunj, Simara and Pokhara recorded a minimum of 4 degrees Celsius while Jiri, Jomsom and Jumla recorded sub-zero temperature.</p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9497', 'image' => '20190101015012_down jacket.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '9723', 'article_category_id' => '266', 'title' => 'DoTM Alone Issues Over 350,000 Smart Driving Licenses', 'sub_title' => '', 'summary' => 'January 1: The number of recipients of 'smart' driving licenses from the Ekantakuna-based Department of Transport Management has surpassed 350,000.', 'content' => '<p>January 1: The number of recipients of 'smart' driving licenses from the Ekantakuna-based Department of Transport Management has surpassed 350,000.</p> <p>According to the department, it has issued smart licenses to 354,000 people in the past four years while 203,000 are in queue to obtain the electronic document, according to a report published by Rastriya Samachar Samiti (RSS).</p> <p>Until last year, the Ekantakuna-based office was the only office to issue smart driving licenses. But now, all transport offices across the country issue smart licenses, according to RSS.</p> <p>The state-run news agency further said that any individual passing the written exam for acquiring driving license and successfully completing the 'trial' are eligible to receive the smart cards and so far 557,000 (for both new and renewed services) have paid the revenue seeking smart cards.</p> <p>According to RSS, Section Officer Ramesh Poudel admitted that lack of sufficient number of equipment to print cards has caused difficulty to provide cards on time.</p> <p>Service seekers who have passed the exam as well as trial have to wait for over a year to get smart licenses at present. In order to ease the printing of the smart licenses, the department had awarded a one-off contract some months ago to a private company to print upto 600,000 smart licenses within 45 days. However, the company- Malika Incorporate – has failed to print the licenses on time reportedly due to technical problems.</p> <p>Gokarna Prasad Upadhyay, then spokesperson of DoTM, had said in October that more than 500,000 applicants who have already passed the written examinations as well as trial for license were waiting since a long time to get their licenses.</p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9496', 'image' => '20190101014122_Smart-Driving-License.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '9721', 'article_category_id' => '266', 'title' => 'NIBL and its VISA Associates to launch VISA Card Loyalty Program 2019', 'sub_title' => '', 'summary' => 'December 31: With the onset of New Year 2019, Nepal Investment Bank Ltd (NIBL) along with its 14 VISA associate member banks will be launching two variants of Visa card under its loyalty program for 2019.', 'content' => '<p>December 31: With the onset of New Year 2019, Nepal Investment Bank Ltd (NIBL) along with its 14 VISA associate member banks will be launching two variants of Visa card under its loyalty program for 2019.</p> <p>According to a statement issued by NIBL, Sunday Funday is a VISA card loyalty program where all VISAcard holders of these banks are entitled to 15 percent cash back (maximum of Rs 500) on every purchase made on Sunday through VISA domestic cards at all POS terminals within Nepal.</p> <p>Likewise, Wow Wednesday!! is a unique loyalty program where all VISA card holders of these banks receive gift vouchers of maximum Rs 750 for shopping on every Wednesday at all outlets of Bhat-Bhateni Supermarket (BBSM).</p> <p>Card holders of Century Bank Ltd, Garima Bikas Bank Ltd, Global IME Bank, Kailash Bikas Bank Ltd, Kumari Bank Ltd, Mahalaxmi Development Bank, Mega Bank Nepal Ltd, Muktinath Bikash Bank, Nepal Bank Ltd, NCC Bank, Nepal Investment Bank Ltd, Rastriya Banijya Bank, Sanima Bank, Sahayogi Vikas Bank Ltd, and United Finance Ltd will benefit under this program.</p> <p>Further, the statement said that such loyalty programs in partnership with VISAwill encourage less-cash economy to promote secured and convenient digital payment in the country.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-12-31', 'modified' => '2018-12-31', 'keywords' => '', 'description' => '', 'sortorder' => '9495', 'image' => '20181231041821_NIBL visa card.jpg', 'article_date' => '2018-12-31 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '9737', 'article_category_id' => '1', 'title' => 'Insurance of Houses Rebuilt with Government Grant', 'sub_title' => '', 'summary' => 'January 3: National Insurance Company (NIC) is all set to insure the quake-damaged houses which were rebuilt with the support of government grant assistance.', 'content' => '<p>January 3: National Insurance Company (NIC) is all set to insure the quake-damaged houses which were rebuilt with the support of government grant assistance. The company in collaboration with the government has prepared the ‘Insurance to Private Houses Rebuilt with Government Grant Procedure 2075’ to insure the houses. It is stated that the insurance policy will cover all possible risks.</p> <p>The company is about to introduce an insurance scheme of Rs 500,000. The premium charge for the policy is Rs 450 (excluding VAT) per year. The government will pay 50 percent of the insurance premium and the remaining 50 percent will be deducted from the government grant. The households that have already received all three tranches of the government grant will have to pay the insurance premium to the insurance company.</p> <p>The insurance policy period will be of five years for which the households should pay between Rs 1,200 to Rs 1,300 insurance premium. During this period, if the houses get damaged due to any reasons the company will bear the compensation for the damages. According to the procedure, the houses built with the support of government grant should compulsorily be involved in the insurance policy programme. </p> <p>The households that have not started the construction works after receiving the government grant will not be eligible for this policy. To be a part of this policy, the households should have to start the construction work. According to the company, the houses under construction will also have engineering insurance. The company will compensate if any house in the process of construction suffers from any kind of damage.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-03', 'modified' => '2019-01-04', 'keywords' => '', 'description' => '', 'sortorder' => '9509', 'image' => '20190104122223_Insurance of Houses Rebuilt with Government Grant.jpg', 'article_date' => '2019-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '9734', 'article_category_id' => '1', 'title' => 'Export of National Priority Products Drops', 'sub_title' => '', 'summary' => 'January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority products.', 'content' => '<p>January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority products.</p> <p>There has been a decrease in the export of cardamom, leather and footwear, which fall in the priority list under the ‘Nepal Trade Integrition Strategy (NTIS).</p> <p>Data published by the Trade Export Promotion Center (TEPC) on Monday, December 31, shows the decline in export of products of national priority. However, there was an increase in export of other products during the review period, according to the data.</p> <p>In the first five months of the current FY, the country exported 1.495 million kg of black cardamom worth Rs 1.236 billion. The country had exported 1.814 million kg of black cardamom during the same period of last FY while the total export last year stood at 5.43 million kg.</p> <p>It shows that the export of black cardamom in the first five months of this year plummeted by 23.8 percent. </p> <p>Likewise, the export of leather goods has also plunged down. A total of 3.73 million square feet of leather goods worth Rs 164.7 million were exported from the country in these five months. The export of leather goods in the corresponding period of last year was double the amount of this year.</p> <p>Similarly, the export of footwear also dropped by 24.1 percent this year. Last year, income generated by the export of footwear stood at Rs 633.8 million in the first five months while the income in the corresponding period of this year has been limited to Rs 480 million,. </p> <p>The government has included all kinds of agricultural products such as cardamom, , ginger, tea, herbs and domestic products including garments, readymade clothes, thread, pashmina, leather goods, shoes etc in the national priority list.</p> <p>Sharad Bikram Rana, executive director of TEPC, said that overall export of the country is encouraging but the trade deficit is escalating because of low export compared to import.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9508', 'image' => '20190102040430_1111.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '9733', 'article_category_id' => '266', 'title' => 'IME Travel Starts Shuttle Bus Service', 'sub_title' => '', 'summary' => 'January 2: IME Travel, a sister company of IME Group, has started shuttle bus service along the Panipokhari-Chandragiri route. ', 'content' => '<p>January 2: IME Travel, a sister company of IME Group, has started shuttle bus service along the Panipokhari-Chandragiri route. The company inaugurated the service from January 1 on the occasion of New Year 2019.</p> <p>The bus starts its service daily at 10 am from IME Complex, Panipokhari and reaches the station of Chandragiri Hills Limited via Lazimpat, Kantipath, Shorakhute, Soltimode, Kalanki.</p> <p>Binod Sapkota, CEO of IME Travels, informed that the company aims to ease the transportation of locals and foreigners with the operation of the bus service. </p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9507', 'image' => '20190102032322_PR.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '9732', 'article_category_id' => '1', 'title' => 'Buddha Air Planning to Operate Int’l Flights from Pokhara', 'sub_title' => '', 'summary' => 'January 2: Buddha Air has started preparation to expand its service in the international market. ', 'content' => '<p>January 2: Buddha Air has started preparation to further expand its service in the international market. The airline company plans to register a new company in Pokhara under its brand for this purpose.</p> <p>Buddha Air plans to sort out the economic and technical issues within six months before starting the international service. It is said that the name of the new company will be named as ‘Buddha Air International’.</p> <p>Sources at Buddha Air said that the airline company adopted this approach to capitalize on the increasing inflow of tourists in Pokhara.</p> <p>Buddha Air’s Marketing Director Rupesh Joshi confirmed that the company is planning to operate international flights from Pokhara by establishing a company in the lake city.</p> <p>According to the company, it is also preparing to finalize the purchase of aircraft for operating international flights by the time the regional airport of Pokhara gets upgraded into an international airport in 2020.</p> <p> “The Tribhuvan International Airport is very congested and the government is upgrading Pokhara Regional Airport into international standard. Since it will take some time to start international flights from Pokhara, we have been currently involved in registering the new company.”</p> <p>Buddha Air is also planning to start flights to Kolkata from mid-April. Joshi informed that it will start the service thrice a week on Mondays, Wednesdays and Fridays.</p> <p>He also informed that the company is adding two more aircraft to its fleet in February. At present, the company has been operating its services with 11 aircraft. Currently, Buddha Air operates international flights to Beneras twice a week.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9506', 'image' => '20190102040524_2222.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '9731', 'article_category_id' => '1', 'title' => 'Parliamentary Panel Recommends Action Against Minister ', 'sub_title' => '', 'summary' => 'January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation. ', 'content' => '<p>January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation. The sub-committee under the Public Accounts Committee (PAC) of parliament has held him accountable for irregularities in the procurement process for providing misleading information to the sub-committee and for shying away from his duties.</p> <p>The parliamentary panel has also accused former ministers Jitendra Narayan Dev and Jeevan Bahadur Shahi of their involvement in the scam.</p> <p>The sub-committee headed by lawmaker Rajan KC has recommended suspending Director General of Nepal Airlines Corporation Sugat Ratna Kansakar, secretary at the Ministry of Culture, Tourism and Civil Aviation Krishna Prasad Devkota and former secretary at the ministry Prem Kumar Rai, who is currently the home secretary.</p> <p>The Public Accounts Committee had formed the sub-committee to investigate into irregularities during the procurement of the wide-body aircraft. The panel has concluded that the authorities were involved in misappropriating Rs 4.37 billion while procuring the aircraft. On Wednesday (January 2), coordinator of the sub-committee KC handed over a 38-page report of investigation to the chairman of PAC Bharat Kumar Shah.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-04', 'keywords' => '', 'description' => '', 'sortorder' => '9505', 'image' => '20190102023452_Widebody-Report.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '9730', 'article_category_id' => '1', 'title' => 'Govt Proposal Risks Destabilizing Industrial Sector', 'sub_title' => '', 'summary' => 'January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government. ', 'content' => '<p>January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government. Big corporate houses, companies, banks and financial institutions, representatives of the private sector as well as trade unions have said in unison that the amendment proposal aims to demoralize both the industrialists and the workers. They have demanded the government to withdraw the amendment proposal and initiate dialogues with the concerned stakeholders.</p> <p>In this regard, the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) held discussions with the representatives of multinational companies operating in Nepal on Tuesday (January 1) and reached to the conclusion that the amendment proposal is inappropriate. The FNCCI also urged the government to reconsider its decision to amend the Act.</p> <p>“The amendment proposal is certain to spoil the good relation between the employer and the employee. Therefore, we held discussions on requesting the government to withdraw the amendment proposal,” said Shekhar Golcha, senior vice president of FNCCI.</p> <p>There will definitely be a revolt if the government snatches away the perks and benefits that the workers have been enjoying, argued Golcha.</p> <p>“This decision will have a long-term effect in the industrial sector,” he added.</p> <p>Nepal Bankers’ Association also held discussions regarding this issue on Tuesday. The association’s executive director Anil Sharma said that the government’s decision will have a direct impact on the banking sector as thousands of employees will be denied their perks and benefits which they have been receiving so far.</p> <p>“The amendment will demoralize thousands of workers,” he said.</p> <p>Likewise, the trade union affiliated to Nepali Congress warned the government of grave consequences if the government goes ahead with the amendment proposal which is against the wishes of both the employers and the employees.</p> <p>The Bonus Act 2030 currently has a provision of depositing 30 percent of amount left after distributing bonuses to the employees at the social security fund of the government. However, the government’s amendment proposal seeks to take away 70 percent of the amount, leaving very little benefits for the employees.</p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9504', 'image' => '20190102020856_aaaaaa.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '9729', 'article_category_id' => '1', 'title' => 'Bandipur receives 150,000 Tourists in a Year', 'sub_title' => '', 'summary' => 'January 2: Tanahun’s tourism hub Bandipur welcomed 150,000 tourists during a period of one year. ', 'content' => '<p>January 2: Tanahun’s tourism hub Bandipur welcomed 150,000 tourists during a period of one year. Bandipur’s Tourism Development Committee Chairperson Baisha Bahadur Gurung informed Rastriya Samachar Samiti that 150,000 tourists had visited Bandipur from January to December 2018.</p> <p>According to RSS, around 100,000 tourists had visited Bandipur in the year 2017.</p> <p>“Roughly, 80 percent of the visitors are domestic tourists,” RSS quoted Gurung as saying.</p> <p>“The tourism hub had received higher number of external tourists from the United States, Thailand, China, India and Korea,” he added. <br /> There was a huge influx of domestic tourists to Bandipur during the English New Year 2019, he further said, adding that Nepali people have gradually cultivated the habit of visiting places within the country which also has contributed to promote domestic tourism. <br /> </p> <p>According to tourism entrepreneurs of Bandipur, a huge number of tourists flock to Bandipur in the winter season. On an average, around 300 tourists visit Bandipur every day. <br /> Bandipur has 57 hotels and 22 home stay facilities to manage the living and food accommodation of tourists, according to RSS.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9503', 'image' => '20190102010114_aaaa.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '9728', 'article_category_id' => '1', 'title' => 'Book Building System to Start Public Issue of Shares', 'sub_title' => '', 'summary' => 'January 1: The government is planning to introduce book building system for public issuance of shares. ', 'content' => '<p> January 1: The government is planning to introduce book building system for public issuance of shares. The government took such decision as per the recommendation of a committee formed to study the problems of the share market. The committee announced that the government has decided to introduce the system for Initial Public Offering (IPO) as well as for Further Public Offering (FPO).</p> <p> Until the new system comes into operation, the committee has recommended the government not to allow issuing of FPO at a price more than the net worth of the company and IPO at a price more than double the net worth.</p> <p> The committee has recommended the Securities Board of Nepal (Sebon) to implement this suggestion with immediate effect.</p> <p> Book building system is a kind of bidding process. Under this system, the companies issuing shares will have to auction a certain portion of their shares. International practice is to adopt the ‘Dutch Auction’ for such bidding process.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-27', 'keywords' => '', 'description' => '', 'sortorder' => '9502', 'image' => '20190101042956_IPO.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '9727', 'article_category_id' => '1', 'title' => 'Government to Restructure Aviation Sector of Nepal', 'sub_title' => '', 'summary' => 'January 1: In order to enhance flight safety and to maintain the standard and effectiveness of the aviation sector, the government has decided to split the Civil Aviation Authority of Nepal (CAAN), the country’s aviation regulatory body, into two autonomous entities.', 'content' => '<p>January 1: In order to enhance flight safety and to maintain the standard and effectiveness of the aviation sector, the government has decided to split the Civil Aviation Authority of Nepal (CAAN), the country’s aviation regulatory body, into two autonomous entities. According to Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari, the government has made necessary preparations to divide the CAAN into regulator and service provider.</p> <p>Stressing the need of separating the duties of a regulator and service provider during the 20<sup>th</sup> anniversary of CAAN on December 31, Minister Adhikari said the division will propel the growth of the aviation sector in Nepal.</p> <p> “The decision of splitting CAAN into regulator and service provider was not taken under the pressure of anyone or the European Union (EU). We believe that the segregation will fit in the current scenario of the aviation sector of Nepal,” he said.</p> <p>He also requested the CAAN’s employees to continue their work effectively in the same sections they have been assigned to.</p> <p>“The Ministry of Culture, Tourism and Civil Aviation is highly concerned about employees’ adjustment and growth of the industry. We will fulfill all these things through the existing legal provisions.”</p> <p>The minister asserted that the government took such decision to make the aviation sector an autonomous body. “This division doesn’t mean that we want to make CAAN fragile. We just want to ensure growth of this sector by making it competent in the global aviation market.”</p> <p>Likewise, Minister Adhikari said that preparations are underway to make the Gautam Buddha International Airport ready for operation within 2019. He also informed that the construction of Pokhara Airport will be completed within the project deadline and the work of Nijgadh Airport will be carried out according to the report prepared by a parliamentary committee.</p> <p>According to the Secretary at the Ministry of Culture, Tourism and Civil Aviation, Krishna Prasad Devkota, the government’s attempt to make Tribhuvan International Airport as a boutique airport reflecting nationality and new technologies will be initiated from April 14 this year.</p> <p>He also informed the audience that the authority has already fulfilled the requirement of ICAO and also corresponded with the EU directly through the Ministry of Foreign Affairs to remove Nepal from the blacklist.</p> <p>Sanjiv Gautam, director general of CAAN,</p> <p>said that Nepal has signed bilateral flight agreements with 38 nations till date and a total of 29 international airliners from 13 different countries including three Nepali airline companies are operating flights to the Tribhuvan International Airport. He informed 3.54 million passengers arrived at the TIA within the first 10 month of 2018 through international airlines while 2.30 million passengers arrived at the airport through Nepal aircraft.</p> <p>During the program, CAAN’s Employee Trade Union expressed disagreement regarding splitting the CAAN. Anil Gupta, a representative of CAAN’s Employee Trade Union, said, “Splitting CAAN into Service provider and regulator cannot help the aviation sector of Nepal to remove itself from the Significant Safety Concern (SSC) list of the EU.”</p> <p>The union demanded ending the restriction of EU diplomatically rather than by changing the existing structure of CAAN.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9501', 'image' => '20190101040656_IMG_20181231_124058.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '9726', 'article_category_id' => '266', 'title' => 'Nepal Lube Oil Limited Announces 40% Cash dividend', 'sub_title' => '', 'summary' => 'January 1: Nepal Lube Oil limited, the authorised distributor of Gulf Oil International, which manufactures and distributes Gulf Lubricants in Nepal, has announced to distribute 40 percent cash dividend to its shareholders.', 'content' => '<p>January 1: Nepal Lube Oil limited, the authorised distributor of Gulf Oil International, which manufactures and distributes Gulf Lubricants in Nepal, has announced to distribute 40 percent cash dividend to its shareholders.</p> <p>The announcement was made during the 27<sup>th</sup> AGM of the company on December 27 in Lalitpur.</p> <p> “The business of lubricants in Nepal is highly competitive, but Gulf Lubricants with its dedicated team and innovative strategy backed by world class products has managed to achieve the volume of 2600+ kilo litres sales in this financial year,” said Arun Kumar Chaudhary, chairman and MD of the company.</p> <p> He further added, “This has further consolidated our position as No 1 lubricant brand in the country.”</p> <p> </p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9500', 'image' => '20190101024320_nepal lube.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '9725', 'article_category_id' => '266', 'title' => 'Kamana Sewa Bikas Bank’s Branch in Kalanki', 'sub_title' => '', 'summary' => 'January 1: Kamana Sewa Bikas Bank announced the expansion of its network to 62 branches. ', 'content' => '<p>January 1: Kamana Sewa Bikas Bank announced the expansion of its network to 62 branches. Issuing a statement on Monday (December 31), the bank said that it opened the latest branch at Kalanki, Kathmandu.</p> <p>Sudeep Acharya, chairman of the bank; Bishweshwar Subedi and Dev Krishna Kafle, directors of the bank along with Prabin Basnet, acting chief executive officer of the bank were present during the inauguration of the branch.</p> <p>The bank said it has been providing services through a network of 62 branches and 17 ATMs across the country.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9499', 'image' => '20190101023551_kalanki opening.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '9722', 'article_category_id' => '1', 'title' => 'Books with price tag of Rs 2 available at NA Exhibition', 'sub_title' => '', 'summary' => 'January 1: Books ranging from Rs 2 to Rs 1,400 are available at a book exhibition underway in the Nepal Academy (NA) in Kathmandu.', 'content' => '<h3>January 1: Books ranging from Rs 2 to Rs 1,400 are available at a book exhibition underway in the Nepal Academy (NA) in Kathmandu.<br /> The exhibition to be run till January 13 provides books about language and literature, philosophy and sociology by 350 writers, according to the book fair manager Sudhir Dhungel. <br /> Rastriya Samachar Samiti reported that the book fair also has dictionaries of Maithili, Bhojpuri, Gurung and Limbu languages and books giving information about their tradition and customs from birth to death. <br /> Inaugurating the expo organised on the occasion of Prithvi Jayanti, the birth anniversary of king Prithvi Narayan Shah, the unifier of modern Nepal, NA chancellor Ganga Prasad Upreti said books with discount offers are available in the exhibition for conveniences of readers. </h3> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9498', 'image' => '20190101012258_aaaa.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '9724', 'article_category_id' => '1', 'title' => 'Kathmandu’s Temperature Plummets to 0 Degree', 'sub_title' => '', 'summary' => 'January 1: The temperature of Kathmandu valley has dipped to zero degree Celsius. ', 'content' => '<p>January 1: The temperature of Kathmandu valley has dipped to zero degree Celsius. With the dip in temperature, Monday remained the coldest day of this winter, according to Rastriya Samachar Samiti.</p> <p>According to the Weather Forecasting Division, the temperature of Kathmandu valley was recorded at 0.5 degrees Celsius. On Sunday, the temperature of Kathmandu was recorded at one degree Celsius. The Weather Forecasting Division said that the temperature in the valley would remain between 0 to 3 degrees Celsius.</p> <p>As per the Weather Forecasting Division's record, Dadeldhura, Dhankuta, Nepalgunj, Simara and Pokhara recorded a minimum of 4 degrees Celsius while Jiri, Jomsom and Jumla recorded sub-zero temperature.</p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9497', 'image' => '20190101015012_down jacket.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '9723', 'article_category_id' => '266', 'title' => 'DoTM Alone Issues Over 350,000 Smart Driving Licenses', 'sub_title' => '', 'summary' => 'January 1: The number of recipients of 'smart' driving licenses from the Ekantakuna-based Department of Transport Management has surpassed 350,000.', 'content' => '<p>January 1: The number of recipients of 'smart' driving licenses from the Ekantakuna-based Department of Transport Management has surpassed 350,000.</p> <p>According to the department, it has issued smart licenses to 354,000 people in the past four years while 203,000 are in queue to obtain the electronic document, according to a report published by Rastriya Samachar Samiti (RSS).</p> <p>Until last year, the Ekantakuna-based office was the only office to issue smart driving licenses. But now, all transport offices across the country issue smart licenses, according to RSS.</p> <p>The state-run news agency further said that any individual passing the written exam for acquiring driving license and successfully completing the 'trial' are eligible to receive the smart cards and so far 557,000 (for both new and renewed services) have paid the revenue seeking smart cards.</p> <p>According to RSS, Section Officer Ramesh Poudel admitted that lack of sufficient number of equipment to print cards has caused difficulty to provide cards on time.</p> <p>Service seekers who have passed the exam as well as trial have to wait for over a year to get smart licenses at present. In order to ease the printing of the smart licenses, the department had awarded a one-off contract some months ago to a private company to print upto 600,000 smart licenses within 45 days. However, the company- Malika Incorporate – has failed to print the licenses on time reportedly due to technical problems.</p> <p>Gokarna Prasad Upadhyay, then spokesperson of DoTM, had said in October that more than 500,000 applicants who have already passed the written examinations as well as trial for license were waiting since a long time to get their licenses.</p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9496', 'image' => '20190101014122_Smart-Driving-License.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '9721', 'article_category_id' => '266', 'title' => 'NIBL and its VISA Associates to launch VISA Card Loyalty Program 2019', 'sub_title' => '', 'summary' => 'December 31: With the onset of New Year 2019, Nepal Investment Bank Ltd (NIBL) along with its 14 VISA associate member banks will be launching two variants of Visa card under its loyalty program for 2019.', 'content' => '<p>December 31: With the onset of New Year 2019, Nepal Investment Bank Ltd (NIBL) along with its 14 VISA associate member banks will be launching two variants of Visa card under its loyalty program for 2019.</p> <p>According to a statement issued by NIBL, Sunday Funday is a VISA card loyalty program where all VISAcard holders of these banks are entitled to 15 percent cash back (maximum of Rs 500) on every purchase made on Sunday through VISA domestic cards at all POS terminals within Nepal.</p> <p>Likewise, Wow Wednesday!! is a unique loyalty program where all VISA card holders of these banks receive gift vouchers of maximum Rs 750 for shopping on every Wednesday at all outlets of Bhat-Bhateni Supermarket (BBSM).</p> <p>Card holders of Century Bank Ltd, Garima Bikas Bank Ltd, Global IME Bank, Kailash Bikas Bank Ltd, Kumari Bank Ltd, Mahalaxmi Development Bank, Mega Bank Nepal Ltd, Muktinath Bikash Bank, Nepal Bank Ltd, NCC Bank, Nepal Investment Bank Ltd, Rastriya Banijya Bank, Sanima Bank, Sahayogi Vikas Bank Ltd, and United Finance Ltd will benefit under this program.</p> <p>Further, the statement said that such loyalty programs in partnership with VISAwill encourage less-cash economy to promote secured and convenient digital payment in the country.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-12-31', 'modified' => '2018-12-31', 'keywords' => '', 'description' => '', 'sortorder' => '9495', 'image' => '20181231041821_NIBL visa card.jpg', 'article_date' => '2018-12-31 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '9737', 'article_category_id' => '1', 'title' => 'Insurance of Houses Rebuilt with Government Grant', 'sub_title' => '', 'summary' => 'January 3: National Insurance Company (NIC) is all set to insure the quake-damaged houses which were rebuilt with the support of government grant assistance.', 'content' => '<p>January 3: National Insurance Company (NIC) is all set to insure the quake-damaged houses which were rebuilt with the support of government grant assistance. The company in collaboration with the government has prepared the ‘Insurance to Private Houses Rebuilt with Government Grant Procedure 2075’ to insure the houses. It is stated that the insurance policy will cover all possible risks.</p> <p>The company is about to introduce an insurance scheme of Rs 500,000. The premium charge for the policy is Rs 450 (excluding VAT) per year. The government will pay 50 percent of the insurance premium and the remaining 50 percent will be deducted from the government grant. The households that have already received all three tranches of the government grant will have to pay the insurance premium to the insurance company.</p> <p>The insurance policy period will be of five years for which the households should pay between Rs 1,200 to Rs 1,300 insurance premium. During this period, if the houses get damaged due to any reasons the company will bear the compensation for the damages. According to the procedure, the houses built with the support of government grant should compulsorily be involved in the insurance policy programme. </p> <p>The households that have not started the construction works after receiving the government grant will not be eligible for this policy. To be a part of this policy, the households should have to start the construction work. According to the company, the houses under construction will also have engineering insurance. The company will compensate if any house in the process of construction suffers from any kind of damage.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-03', 'modified' => '2019-01-04', 'keywords' => '', 'description' => '', 'sortorder' => '9509', 'image' => '20190104122223_Insurance of Houses Rebuilt with Government Grant.jpg', 'article_date' => '2019-01-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '9734', 'article_category_id' => '1', 'title' => 'Export of National Priority Products Drops', 'sub_title' => '', 'summary' => 'January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority products.', 'content' => '<p>January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority products.</p> <p>There has been a decrease in the export of cardamom, leather and footwear, which fall in the priority list under the ‘Nepal Trade Integrition Strategy (NTIS).</p> <p>Data published by the Trade Export Promotion Center (TEPC) on Monday, December 31, shows the decline in export of products of national priority. However, there was an increase in export of other products during the review period, according to the data.</p> <p>In the first five months of the current FY, the country exported 1.495 million kg of black cardamom worth Rs 1.236 billion. The country had exported 1.814 million kg of black cardamom during the same period of last FY while the total export last year stood at 5.43 million kg.</p> <p>It shows that the export of black cardamom in the first five months of this year plummeted by 23.8 percent. </p> <p>Likewise, the export of leather goods has also plunged down. A total of 3.73 million square feet of leather goods worth Rs 164.7 million were exported from the country in these five months. The export of leather goods in the corresponding period of last year was double the amount of this year.</p> <p>Similarly, the export of footwear also dropped by 24.1 percent this year. Last year, income generated by the export of footwear stood at Rs 633.8 million in the first five months while the income in the corresponding period of this year has been limited to Rs 480 million,. </p> <p>The government has included all kinds of agricultural products such as cardamom, , ginger, tea, herbs and domestic products including garments, readymade clothes, thread, pashmina, leather goods, shoes etc in the national priority list.</p> <p>Sharad Bikram Rana, executive director of TEPC, said that overall export of the country is encouraging but the trade deficit is escalating because of low export compared to import.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9508', 'image' => '20190102040430_1111.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '9733', 'article_category_id' => '266', 'title' => 'IME Travel Starts Shuttle Bus Service', 'sub_title' => '', 'summary' => 'January 2: IME Travel, a sister company of IME Group, has started shuttle bus service along the Panipokhari-Chandragiri route. ', 'content' => '<p>January 2: IME Travel, a sister company of IME Group, has started shuttle bus service along the Panipokhari-Chandragiri route. The company inaugurated the service from January 1 on the occasion of New Year 2019.</p> <p>The bus starts its service daily at 10 am from IME Complex, Panipokhari and reaches the station of Chandragiri Hills Limited via Lazimpat, Kantipath, Shorakhute, Soltimode, Kalanki.</p> <p>Binod Sapkota, CEO of IME Travels, informed that the company aims to ease the transportation of locals and foreigners with the operation of the bus service. </p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9507', 'image' => '20190102032322_PR.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '9732', 'article_category_id' => '1', 'title' => 'Buddha Air Planning to Operate Int’l Flights from Pokhara', 'sub_title' => '', 'summary' => 'January 2: Buddha Air has started preparation to expand its service in the international market. ', 'content' => '<p>January 2: Buddha Air has started preparation to further expand its service in the international market. The airline company plans to register a new company in Pokhara under its brand for this purpose.</p> <p>Buddha Air plans to sort out the economic and technical issues within six months before starting the international service. It is said that the name of the new company will be named as ‘Buddha Air International’.</p> <p>Sources at Buddha Air said that the airline company adopted this approach to capitalize on the increasing inflow of tourists in Pokhara.</p> <p>Buddha Air’s Marketing Director Rupesh Joshi confirmed that the company is planning to operate international flights from Pokhara by establishing a company in the lake city.</p> <p>According to the company, it is also preparing to finalize the purchase of aircraft for operating international flights by the time the regional airport of Pokhara gets upgraded into an international airport in 2020.</p> <p> “The Tribhuvan International Airport is very congested and the government is upgrading Pokhara Regional Airport into international standard. Since it will take some time to start international flights from Pokhara, we have been currently involved in registering the new company.”</p> <p>Buddha Air is also planning to start flights to Kolkata from mid-April. Joshi informed that it will start the service thrice a week on Mondays, Wednesdays and Fridays.</p> <p>He also informed that the company is adding two more aircraft to its fleet in February. At present, the company has been operating its services with 11 aircraft. Currently, Buddha Air operates international flights to Beneras twice a week.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9506', 'image' => '20190102040524_2222.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '9731', 'article_category_id' => '1', 'title' => 'Parliamentary Panel Recommends Action Against Minister ', 'sub_title' => '', 'summary' => 'January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation. ', 'content' => '<p>January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation. The sub-committee under the Public Accounts Committee (PAC) of parliament has held him accountable for irregularities in the procurement process for providing misleading information to the sub-committee and for shying away from his duties.</p> <p>The parliamentary panel has also accused former ministers Jitendra Narayan Dev and Jeevan Bahadur Shahi of their involvement in the scam.</p> <p>The sub-committee headed by lawmaker Rajan KC has recommended suspending Director General of Nepal Airlines Corporation Sugat Ratna Kansakar, secretary at the Ministry of Culture, Tourism and Civil Aviation Krishna Prasad Devkota and former secretary at the ministry Prem Kumar Rai, who is currently the home secretary.</p> <p>The Public Accounts Committee had formed the sub-committee to investigate into irregularities during the procurement of the wide-body aircraft. The panel has concluded that the authorities were involved in misappropriating Rs 4.37 billion while procuring the aircraft. On Wednesday (January 2), coordinator of the sub-committee KC handed over a 38-page report of investigation to the chairman of PAC Bharat Kumar Shah.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-04', 'keywords' => '', 'description' => '', 'sortorder' => '9505', 'image' => '20190102023452_Widebody-Report.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '9730', 'article_category_id' => '1', 'title' => 'Govt Proposal Risks Destabilizing Industrial Sector', 'sub_title' => '', 'summary' => 'January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government. ', 'content' => '<p>January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government. Big corporate houses, companies, banks and financial institutions, representatives of the private sector as well as trade unions have said in unison that the amendment proposal aims to demoralize both the industrialists and the workers. They have demanded the government to withdraw the amendment proposal and initiate dialogues with the concerned stakeholders.</p> <p>In this regard, the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) held discussions with the representatives of multinational companies operating in Nepal on Tuesday (January 1) and reached to the conclusion that the amendment proposal is inappropriate. The FNCCI also urged the government to reconsider its decision to amend the Act.</p> <p>“The amendment proposal is certain to spoil the good relation between the employer and the employee. Therefore, we held discussions on requesting the government to withdraw the amendment proposal,” said Shekhar Golcha, senior vice president of FNCCI.</p> <p>There will definitely be a revolt if the government snatches away the perks and benefits that the workers have been enjoying, argued Golcha.</p> <p>“This decision will have a long-term effect in the industrial sector,” he added.</p> <p>Nepal Bankers’ Association also held discussions regarding this issue on Tuesday. The association’s executive director Anil Sharma said that the government’s decision will have a direct impact on the banking sector as thousands of employees will be denied their perks and benefits which they have been receiving so far.</p> <p>“The amendment will demoralize thousands of workers,” he said.</p> <p>Likewise, the trade union affiliated to Nepali Congress warned the government of grave consequences if the government goes ahead with the amendment proposal which is against the wishes of both the employers and the employees.</p> <p>The Bonus Act 2030 currently has a provision of depositing 30 percent of amount left after distributing bonuses to the employees at the social security fund of the government. However, the government’s amendment proposal seeks to take away 70 percent of the amount, leaving very little benefits for the employees.</p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9504', 'image' => '20190102020856_aaaaaa.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '9729', 'article_category_id' => '1', 'title' => 'Bandipur receives 150,000 Tourists in a Year', 'sub_title' => '', 'summary' => 'January 2: Tanahun’s tourism hub Bandipur welcomed 150,000 tourists during a period of one year. ', 'content' => '<p>January 2: Tanahun’s tourism hub Bandipur welcomed 150,000 tourists during a period of one year. Bandipur’s Tourism Development Committee Chairperson Baisha Bahadur Gurung informed Rastriya Samachar Samiti that 150,000 tourists had visited Bandipur from January to December 2018.</p> <p>According to RSS, around 100,000 tourists had visited Bandipur in the year 2017.</p> <p>“Roughly, 80 percent of the visitors are domestic tourists,” RSS quoted Gurung as saying.</p> <p>“The tourism hub had received higher number of external tourists from the United States, Thailand, China, India and Korea,” he added. <br /> There was a huge influx of domestic tourists to Bandipur during the English New Year 2019, he further said, adding that Nepali people have gradually cultivated the habit of visiting places within the country which also has contributed to promote domestic tourism. <br /> </p> <p>According to tourism entrepreneurs of Bandipur, a huge number of tourists flock to Bandipur in the winter season. On an average, around 300 tourists visit Bandipur every day. <br /> Bandipur has 57 hotels and 22 home stay facilities to manage the living and food accommodation of tourists, according to RSS.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-02', 'modified' => '2019-01-02', 'keywords' => '', 'description' => '', 'sortorder' => '9503', 'image' => '20190102010114_aaaa.jpg', 'article_date' => '2019-01-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '9728', 'article_category_id' => '1', 'title' => 'Book Building System to Start Public Issue of Shares', 'sub_title' => '', 'summary' => 'January 1: The government is planning to introduce book building system for public issuance of shares. ', 'content' => '<p> January 1: The government is planning to introduce book building system for public issuance of shares. The government took such decision as per the recommendation of a committee formed to study the problems of the share market. The committee announced that the government has decided to introduce the system for Initial Public Offering (IPO) as well as for Further Public Offering (FPO).</p> <p> Until the new system comes into operation, the committee has recommended the government not to allow issuing of FPO at a price more than the net worth of the company and IPO at a price more than double the net worth.</p> <p> The committee has recommended the Securities Board of Nepal (Sebon) to implement this suggestion with immediate effect.</p> <p> Book building system is a kind of bidding process. Under this system, the companies issuing shares will have to auction a certain portion of their shares. International practice is to adopt the ‘Dutch Auction’ for such bidding process.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-27', 'keywords' => '', 'description' => '', 'sortorder' => '9502', 'image' => '20190101042956_IPO.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '9727', 'article_category_id' => '1', 'title' => 'Government to Restructure Aviation Sector of Nepal', 'sub_title' => '', 'summary' => 'January 1: In order to enhance flight safety and to maintain the standard and effectiveness of the aviation sector, the government has decided to split the Civil Aviation Authority of Nepal (CAAN), the country’s aviation regulatory body, into two autonomous entities.', 'content' => '<p>January 1: In order to enhance flight safety and to maintain the standard and effectiveness of the aviation sector, the government has decided to split the Civil Aviation Authority of Nepal (CAAN), the country’s aviation regulatory body, into two autonomous entities. According to Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari, the government has made necessary preparations to divide the CAAN into regulator and service provider.</p> <p>Stressing the need of separating the duties of a regulator and service provider during the 20<sup>th</sup> anniversary of CAAN on December 31, Minister Adhikari said the division will propel the growth of the aviation sector in Nepal.</p> <p> “The decision of splitting CAAN into regulator and service provider was not taken under the pressure of anyone or the European Union (EU). We believe that the segregation will fit in the current scenario of the aviation sector of Nepal,” he said.</p> <p>He also requested the CAAN’s employees to continue their work effectively in the same sections they have been assigned to.</p> <p>“The Ministry of Culture, Tourism and Civil Aviation is highly concerned about employees’ adjustment and growth of the industry. We will fulfill all these things through the existing legal provisions.”</p> <p>The minister asserted that the government took such decision to make the aviation sector an autonomous body. “This division doesn’t mean that we want to make CAAN fragile. We just want to ensure growth of this sector by making it competent in the global aviation market.”</p> <p>Likewise, Minister Adhikari said that preparations are underway to make the Gautam Buddha International Airport ready for operation within 2019. He also informed that the construction of Pokhara Airport will be completed within the project deadline and the work of Nijgadh Airport will be carried out according to the report prepared by a parliamentary committee.</p> <p>According to the Secretary at the Ministry of Culture, Tourism and Civil Aviation, Krishna Prasad Devkota, the government’s attempt to make Tribhuvan International Airport as a boutique airport reflecting nationality and new technologies will be initiated from April 14 this year.</p> <p>He also informed the audience that the authority has already fulfilled the requirement of ICAO and also corresponded with the EU directly through the Ministry of Foreign Affairs to remove Nepal from the blacklist.</p> <p>Sanjiv Gautam, director general of CAAN,</p> <p>said that Nepal has signed bilateral flight agreements with 38 nations till date and a total of 29 international airliners from 13 different countries including three Nepali airline companies are operating flights to the Tribhuvan International Airport. He informed 3.54 million passengers arrived at the TIA within the first 10 month of 2018 through international airlines while 2.30 million passengers arrived at the airport through Nepal aircraft.</p> <p>During the program, CAAN’s Employee Trade Union expressed disagreement regarding splitting the CAAN. Anil Gupta, a representative of CAAN’s Employee Trade Union, said, “Splitting CAAN into Service provider and regulator cannot help the aviation sector of Nepal to remove itself from the Significant Safety Concern (SSC) list of the EU.”</p> <p>The union demanded ending the restriction of EU diplomatically rather than by changing the existing structure of CAAN.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9501', 'image' => '20190101040656_IMG_20181231_124058.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '9726', 'article_category_id' => '266', 'title' => 'Nepal Lube Oil Limited Announces 40% Cash dividend', 'sub_title' => '', 'summary' => 'January 1: Nepal Lube Oil limited, the authorised distributor of Gulf Oil International, which manufactures and distributes Gulf Lubricants in Nepal, has announced to distribute 40 percent cash dividend to its shareholders.', 'content' => '<p>January 1: Nepal Lube Oil limited, the authorised distributor of Gulf Oil International, which manufactures and distributes Gulf Lubricants in Nepal, has announced to distribute 40 percent cash dividend to its shareholders.</p> <p>The announcement was made during the 27<sup>th</sup> AGM of the company on December 27 in Lalitpur.</p> <p> “The business of lubricants in Nepal is highly competitive, but Gulf Lubricants with its dedicated team and innovative strategy backed by world class products has managed to achieve the volume of 2600+ kilo litres sales in this financial year,” said Arun Kumar Chaudhary, chairman and MD of the company.</p> <p> He further added, “This has further consolidated our position as No 1 lubricant brand in the country.”</p> <p> </p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9500', 'image' => '20190101024320_nepal lube.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '9725', 'article_category_id' => '266', 'title' => 'Kamana Sewa Bikas Bank’s Branch in Kalanki', 'sub_title' => '', 'summary' => 'January 1: Kamana Sewa Bikas Bank announced the expansion of its network to 62 branches. ', 'content' => '<p>January 1: Kamana Sewa Bikas Bank announced the expansion of its network to 62 branches. Issuing a statement on Monday (December 31), the bank said that it opened the latest branch at Kalanki, Kathmandu.</p> <p>Sudeep Acharya, chairman of the bank; Bishweshwar Subedi and Dev Krishna Kafle, directors of the bank along with Prabin Basnet, acting chief executive officer of the bank were present during the inauguration of the branch.</p> <p>The bank said it has been providing services through a network of 62 branches and 17 ATMs across the country.</p> <p> </p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9499', 'image' => '20190101023551_kalanki opening.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '9722', 'article_category_id' => '1', 'title' => 'Books with price tag of Rs 2 available at NA Exhibition', 'sub_title' => '', 'summary' => 'January 1: Books ranging from Rs 2 to Rs 1,400 are available at a book exhibition underway in the Nepal Academy (NA) in Kathmandu.', 'content' => '<h3>January 1: Books ranging from Rs 2 to Rs 1,400 are available at a book exhibition underway in the Nepal Academy (NA) in Kathmandu.<br /> The exhibition to be run till January 13 provides books about language and literature, philosophy and sociology by 350 writers, according to the book fair manager Sudhir Dhungel. <br /> Rastriya Samachar Samiti reported that the book fair also has dictionaries of Maithili, Bhojpuri, Gurung and Limbu languages and books giving information about their tradition and customs from birth to death. <br /> Inaugurating the expo organised on the occasion of Prithvi Jayanti, the birth anniversary of king Prithvi Narayan Shah, the unifier of modern Nepal, NA chancellor Ganga Prasad Upreti said books with discount offers are available in the exhibition for conveniences of readers. </h3> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9498', 'image' => '20190101012258_aaaa.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '9724', 'article_category_id' => '1', 'title' => 'Kathmandu’s Temperature Plummets to 0 Degree', 'sub_title' => '', 'summary' => 'January 1: The temperature of Kathmandu valley has dipped to zero degree Celsius. ', 'content' => '<p>January 1: The temperature of Kathmandu valley has dipped to zero degree Celsius. With the dip in temperature, Monday remained the coldest day of this winter, according to Rastriya Samachar Samiti.</p> <p>According to the Weather Forecasting Division, the temperature of Kathmandu valley was recorded at 0.5 degrees Celsius. On Sunday, the temperature of Kathmandu was recorded at one degree Celsius. The Weather Forecasting Division said that the temperature in the valley would remain between 0 to 3 degrees Celsius.</p> <p>As per the Weather Forecasting Division's record, Dadeldhura, Dhankuta, Nepalgunj, Simara and Pokhara recorded a minimum of 4 degrees Celsius while Jiri, Jomsom and Jumla recorded sub-zero temperature.</p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9497', 'image' => '20190101015012_down jacket.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '9723', 'article_category_id' => '266', 'title' => 'DoTM Alone Issues Over 350,000 Smart Driving Licenses', 'sub_title' => '', 'summary' => 'January 1: The number of recipients of 'smart' driving licenses from the Ekantakuna-based Department of Transport Management has surpassed 350,000.', 'content' => '<p>January 1: The number of recipients of 'smart' driving licenses from the Ekantakuna-based Department of Transport Management has surpassed 350,000.</p> <p>According to the department, it has issued smart licenses to 354,000 people in the past four years while 203,000 are in queue to obtain the electronic document, according to a report published by Rastriya Samachar Samiti (RSS).</p> <p>Until last year, the Ekantakuna-based office was the only office to issue smart driving licenses. But now, all transport offices across the country issue smart licenses, according to RSS.</p> <p>The state-run news agency further said that any individual passing the written exam for acquiring driving license and successfully completing the 'trial' are eligible to receive the smart cards and so far 557,000 (for both new and renewed services) have paid the revenue seeking smart cards.</p> <p>According to RSS, Section Officer Ramesh Poudel admitted that lack of sufficient number of equipment to print cards has caused difficulty to provide cards on time.</p> <p>Service seekers who have passed the exam as well as trial have to wait for over a year to get smart licenses at present. In order to ease the printing of the smart licenses, the department had awarded a one-off contract some months ago to a private company to print upto 600,000 smart licenses within 45 days. However, the company- Malika Incorporate – has failed to print the licenses on time reportedly due to technical problems.</p> <p>Gokarna Prasad Upadhyay, then spokesperson of DoTM, had said in October that more than 500,000 applicants who have already passed the written examinations as well as trial for license were waiting since a long time to get their licenses.</p> ', 'published' => true, 'created' => '2019-01-01', 'modified' => '2019-01-01', 'keywords' => '', 'description' => '', 'sortorder' => '9496', 'image' => '20190101014122_Smart-Driving-License.jpg', 'article_date' => '2019-01-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '9721', 'article_category_id' => '266', 'title' => 'NIBL and its VISA Associates to launch VISA Card Loyalty Program 2019', 'sub_title' => '', 'summary' => 'December 31: With the onset of New Year 2019, Nepal Investment Bank Ltd (NIBL) along with its 14 VISA associate member banks will be launching two variants of Visa card under its loyalty program for 2019.', 'content' => '<p>December 31: With the onset of New Year 2019, Nepal Investment Bank Ltd (NIBL) along with its 14 VISA associate member banks will be launching two variants of Visa card under its loyalty program for 2019.</p> <p>According to a statement issued by NIBL, Sunday Funday is a VISA card loyalty program where all VISAcard holders of these banks are entitled to 15 percent cash back (maximum of Rs 500) on every purchase made on Sunday through VISA domestic cards at all POS terminals within Nepal.</p> <p>Likewise, Wow Wednesday!! is a unique loyalty program where all VISA card holders of these banks receive gift vouchers of maximum Rs 750 for shopping on every Wednesday at all outlets of Bhat-Bhateni Supermarket (BBSM).</p> <p>Card holders of Century Bank Ltd, Garima Bikas Bank Ltd, Global IME Bank, Kailash Bikas Bank Ltd, Kumari Bank Ltd, Mahalaxmi Development Bank, Mega Bank Nepal Ltd, Muktinath Bikash Bank, Nepal Bank Ltd, NCC Bank, Nepal Investment Bank Ltd, Rastriya Banijya Bank, Sanima Bank, Sahayogi Vikas Bank Ltd, and United Finance Ltd will benefit under this program.</p> <p>Further, the statement said that such loyalty programs in partnership with VISAwill encourage less-cash economy to promote secured and convenient digital payment in the country.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-12-31', 'modified' => '2018-12-31', 'keywords' => '', 'description' => '', 'sortorder' => '9495', 'image' => '20181231041821_NIBL visa card.jpg', 'article_date' => '2018-12-31 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
