August 10: Qatar Airways has been chosen as the prestige partner and official airline of the 18th Asian Games to be held in Jakarta and Palembang in Indonesia from August 18 to September 2.…
August 10: Qatar Airways has been chosen as the prestige partner and official airline of the 18th Asian Games to be held in Jakarta and Palembang in Indonesia from August 18 to September 2.…
August 10: Sagarmatha Insurance Company and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their…
August 10: Mega Bank with the motive of reaching across the rural and deprived regions of the country with its banking service has inaugurated branchless banking facility in…
August 10: Bank of Kathmandu has updated “BOK Smart” mobile application service to assist its customers with modern and latest banking…
August 10: Muktinath Bikas Bank has extended its service by opening five new branches across the…
August 10: Surya Nepal Pvt Ltd has announced the end-of-season sale on premium menswear from John…
August 9: The Itahari branch of RMDC Microfinance organized a three-day accounts and archive management training in Sundarharaicha of…
August 10: Khukri XXX Rum has announced to organise a series of sundown events in various outlets of Kathmandu.…
August 10: Century Commercial Bank has opened a state-level office along with eight additional branches in Gandaki Province with the motive of adjusting its banking service according to the structure and policy of the federal…
August 10: NIC Asia Bank has started an additional branchless banking service in Thulo Pokhara of Gulmi Durbar Rural Municipality in…
August 9: Nepal’s quest to secure a stable path to federalism and an inclusive and prosperous future has found a strong support with the World Bank Group’s Board of Executive Directors agreeing to a new Country Partnership Framework (CPF) for Nepal for the next five…
August 9: Yugesh Bhakta Bade Shrestha has been appointed as the chief executive officer of IME General Insurance…
August 9: Global IME Bank has signed an agreement with Dirghayu Guru Hospital to provide discount to its customers for medical services at the…
August 9: IME Life Insurance Company Limited and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their…
August 9: Hamro Bikas Bank Ltd has been associated with the connectIPS e-Payment System from August…
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', 'content' => '<p>August 10: Qatar Airways has been chosen as the prestige partner and official airline of the 18th Asian Games to be held in Jakarta and Palembang in Indonesia from August 18 to September 2. Athletes from 45 participating countries will compete in the top sporting event of Asia.</p> <p>Following the success of the 2018 FIFA World Cup Russia, of which Qatar Airways was the official partner and official airline, the national carrier of the Qatar has now shifted its focus from Russia to Asia, to expand its global portfolio and celebrate its strong ties across the continent, the company said in a statement.</p> <p>Qatar Airways Group Chief Executive Akbar Al Baker, said, “Qatar Airways is delighted to be the prestige partner and official airline of the 18th Asian Games Jakarta Palembang 2018, and to once more unite fans from around the world through a shared love of sport. This highly-anticipated event strengthens our extensive global sporting portfolio and asserts our continuous dedication to celebrating sports as a means of bringing people together. We are tremendously proud to be flying the Qatar team of more than 200 athletes to Jakarta for the event, and we look forward to welcoming all fans to Jakarta and Palembang.”</p> <p>The airline expressed its belief that this partnership will further increase tourism and business links between Qatar and Indonesia as well as extend Qatar’s warm hospitality and welcoming culture to the people of Indonesia and fans from around the world.</p> <p>This is the second time that Qatar Airways has sponsored the Asian Games. The national carrier of Qatar was also the official airline of the 15th Asian Games Doha 2006.</p> <p>The Asian Games is a pancontinental multi-sport event held every four years, and is the second largest multi-sport event after the Olympic Games. The prestigious competition is organised by the Olympic Council of Asia (OCA), and will include 61 sporting disciplines in more than 40 facilities throughout the two host cities. </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8627', 'image' => '20180810032547_qatar.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '8847', 'article_category_id' => '1', 'title' => 'Bancassurance Pact between NB Bank and Sagarmatha Insurance', 'sub_title' => '', 'summary' => 'August 10: Sagarmatha Insurance Company and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers.', 'content' => '<p style="margin-left:0in; margin-right:0in"><span style="font-family:helvetica,sans-serif; font-size:10.5pt">August 10: Sagarmatha Insurance Company and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers.</span></p> <p style="margin-left:0in; margin-right:0in; text-align:start"><span style="color:#333333; font-family:helvetica,sans-serif; font-size:10.5pt">Deputy General Manager of the insurance company Shrawan Kumar Rawal, and Assistant Chief Executive Officer of NB Bank, Surendra Bhushan Shrestha, signed the agreement on behalf of their respective organizations on Thursday, August 9.</span></p> <p style="margin-left:0in; margin-right:0in; text-align:start"><span style="color:#333333; font-family:helvetica,sans-serif; font-size:10.5pt">As per the agreement, customers of the bank will receive all the facilities related to insurance service provided by IME Life Insurance from all branches of the bank.</span></p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8626', 'image' => '20180810031624_NB Bank.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '8846', 'article_category_id' => '1', 'title' => 'Branchless Banking Service of Mega Bank in Sanga', 'sub_title' => '', 'summary' => 'August 10: Mega Bank with the motive of reaching across the rural and deprived regions of the country with its banking service has inaugurated branchless banking facility in Sanga.', 'content' => '<p>August 10: Mega Bank with the motive of reaching across the rural and deprived regions of the country with its banking service has inaugurated branchless banking facility in Sanga.</p> <p>Manoj Khadka, deputy managing director of Mega Bank, and Uddhav KC, chairman of the District Coordination Committee of Kavre, jointly inaugurated the branchless banking facility in Sanga amid an event on Thursday, August 10. </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8625', 'image' => '20180810030809_mega-bank.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '8845', 'article_category_id' => '1', 'title' => 'Bank of Kathmandu updates its BOK Smart App', 'sub_title' => '', 'summary' => 'August 10: Bank of Kathmandu has updated “BOK Smart” mobile application service to assist its customers with modern and latest banking services.', 'content' => '<p>August 10: Bank of Kathmandu has updated “BOK Smart” mobile application service to assist its customers with modern and latest banking services.</p> <p>The bank has updated the mobile application by adding finger-print security feature to make the mobile banking service more secure for the customers.</p> <p>BOK has also added QR Code dashboard to view the account balance and to make online payment easier for the account holders.</p> <p>The updated mobile application of BOK directs the account holders to nearby branches and ATMs with its map and the application can be downloaded from Google Playstore.</p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8624', 'image' => '20180810030610_bok.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '8844', 'article_category_id' => '1', 'title' => '5 More branches of Muktinath', 'sub_title' => '', 'summary' => 'August 10: Muktinath Bikas Bank has extended its service by opening five new branches across the country.', 'content' => '<p>August 10: Muktinath Bikas Bank has extended its service by opening five new branches across the country.</p> <p>The bank has opened the branches in Bardibas of Mahottari, Chandrapur of Rautahat, Itahari and Inaruwa of Sunsari and Damak of Jhapa.</p> <p>The branches in Bardibas, Chandrapur, Itahari, Inaruwa and Damak were respectively inaugurated by Pralahad Chhettri, chairman of Bardibas Chamber of Commerce Industries; Dev Prasad Timalsina, member of parliament; Sailesh Kumar Bista, senior vice chairman of Itahari Chamber of Commerce and Industries; Rajiv Koirala, member of state assembly of Province 1; and Romnath Oli, mayor of Damak Municipality amid separate functions on Thursday, August 10.</p> <p>The bank said it aims to ease the financial transaction of the locals with the operation of the additional branches. </p> <p>With the operation of the new branches, Muktinath Bikas Bank now has 95 branches in its network.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8623', 'image' => '20180810023633_download (2).jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '8842', 'article_category_id' => '1', 'title' => 'John Players Announces Sale on Summer Collection', 'sub_title' => '', 'summary' => 'August 10: Surya Nepal Pvt Ltd has announced the end-of-season sale on premium menswear from John Players.', 'content' => '<p>August 10: Surya Nepal Pvt Ltd has announced the end-of-season sale on premium menswear from John Players. The company has offered up to 50 percent discount on its summer collection. The offer includes regular and slim-fit shirts and trousers, denim, casual wear and party wear.</p> <p>“The John Players collection on sale is a complete mix of formal and casual outfits as well,” the company said in a statement.</p> <p>The company has been offering sale on John Players at any of its exclusive branded outlets at Blue Bird Mall (Thapathali), City Centre (Kamalpokhari), Durbar Marg, Civil Mall (Sundhara), Man Bhawan, Labim Mall (Pulchowk), BG Mall (Gongabu) and other select stores across the country for a limited period of time.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8622', 'image' => '20180810125154_J (1).jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '8843', 'article_category_id' => '1', 'title' => 'Account and Archive Management Training by RMDC', 'sub_title' => '', 'summary' => 'August 9: The Itahari branch of RMDC Microfinance organized a three-day accounts and archive management training in Sundarharaicha of Morang.', 'content' => '<p>August 9: The Itahari branch of RMDC Microfinance organized a three-day accounts and archive management training in Sundarharaicha of Morang. The management training was attended by 50 individuals working in the field of microfinance organizations. Twenty five of them were accounting professional and 25 assistant managers.</p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8621', 'image' => null, 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '8841', 'article_category_id' => '1', 'title' => 'Khukri XXX Rum Hosting Sundown Events in Kathmandu on Saturdays', 'sub_title' => '', 'summary' => 'August 10: Khukri XXX Rum has announced to organise a series of sundown events in various outlets of Kathmandu. ', 'content' => '<p>August 10: Khukri XXX Rum has announced to organise a series of sundown events in various outlets of Kathmandu. The Khukri XXX Rum Sundown Affair is a perfect excuse for party lovers to enjoy fabulous electronic music by various DJs while sipping down their favorite Khukri Rum cocktails, the company said in a statement.</p> <p>According to the company, the first event of the series successfully happened at the Level 3 Terraces on Saturday, August 4. DJ Vinayak and DJ Praveen Acharya from India played at the event along with other Nepali DJs. The event had a decent crowd and various celebrities while known faces and socialites showed up at the event making it the most happening event of the city, the company claimed.</p> <p>The next session of Khukri XXX Sundown Affair is happening on Saturday, August 11 at the Embers Restaurant. Khukri XXX Rum said it will be hosting seven more events at various outlets of Kathmandu. Party lovers will be able to enjoy live performances by various artist along with delicious rum-based cocktails prepared by professional Khukri bartenders on Saturdays at premium locations of the capital.</p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8620', 'image' => '20180810124042_PR.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '8840', 'article_category_id' => '1', 'title' => 'Century Opens 8 New Branches, State Office in Gandaki Province', 'sub_title' => '', 'summary' => 'August 10: Century Commercial Bank has opened a state-level office along with eight additional branches in Gandaki Province with the motive of adjusting its banking service according to the structure and policy of the federal state.', 'content' => '<p>August 10: Century Commercial Bank has opened a state-level office along with eight additional branches in Gandaki Province with the motive of adjusting its banking service according to the structure and policy of the federal state.</p> <p>The new branches of the bank have been set up at Bagar, Birauta, Talchowk, Gulegaida, Bhimad, Kushma, Baglung and Beni of Gandaki Province.</p> <p>Kiran Gurung, finance minister of Gandaki Province, and Rajesh Kumar Shrestha, chairman of Century Bank, jointly inaugurated the state office in Gandaki amid an event on Wednesday, August 9.</p> <p>Similarly, Chairman Rajesh Kumar Shrestha officially inaugurated the eight new branches of the bank.</p> <p>Tulsi Ram Gautam, CEO of Century Bank, informed that the bank aims to ease the financial transaction of the locals in Gandaki Province with the operation of the eight new branches.</p> <p>Century Bank is currently providing its banking service across the country with its network of 103 branches.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8619', 'image' => '20180810122041_f4261047b4d8382c7c4919388e9de001.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '8839', 'article_category_id' => '1', 'title' => 'Branchless Banking service of NIC Asia in Thulo Pokhara', 'sub_title' => '', 'summary' => 'August 10: NIC Asia Bank has started an additional branchless banking service in Thulo Pokhara of Gulmi Durbar Rural Municipality in Gulmi.', 'content' => '<p>August 10: NIC Asia Bank has started an additional branchless banking service in Thulo Pokhara of Gulmi Durbar Rural Municipality in Gulmi.</p> <p>Hira Bahadur Khatri, chairman of Gulmi Durbar Rural Municipality-7, Thulo Pokhara inaugurated the new branchless baking service amid an event on Wednesday, August 7. </p> <p>The bank has appointed Khumlal Aryal as its agent for the service in Thulo Pokhara.</p> <p>With the operation of the new branchless banking service in Thulo Pokhara, the bank said it now has a network 234 branches, 221 ATMs, 14 extension counters and 17 branchless banking points to provide its banking services across the country.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8618', 'image' => '20180810121148_download (1).jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '8838', 'article_category_id' => '1', 'title' => 'World Bank’s Partnership with Nepal for Next Five Years', 'sub_title' => 'World Bank Board approves $100 million to help deepen financial sector reforms', 'summary' => 'August 9: Nepal’s quest to secure a stable path to federalism and an inclusive and prosperous future has found a strong support with the World Bank Group’s Board of Executive Directors agreeing to a new Country Partnership Framework (CPF) for Nepal for the next five years.', 'content' => '<p>August 9: Nepal’s quest to secure a stable path to federalism and an inclusive and prosperous future has found a strong support with the World Bank Group’s Board of Executive Directors agreeing to a new Country Partnership Framework (CPF) for Nepal for the next five years.</p> <p>According to the World Bank, its board also approved a fourth Financial Sector Stability Development Policy Credit (DPC4) of $100 million to help Nepal continue to deepen its medium-term reform program in the financial sector on August 7.</p> <p>Welcoming the prospects of stability after the elections of 2017, the World Bank Group in the CPF has pledged its support to strengthen institutions that are critical to the effective implementation of federalism, as well as innovative pathways to faster, equitable growth and accountable service delivery. </p> <p>“Nepal’s transition to federalism unlocks opportunities for all citizens to participate in its development,” said Qimiao Fan, the World Bank’s country director for Bangladesh, Bhutan and Nepal. “This represents a window of opportunity for the country to further reduce poverty, increase the income of the bottom 40 percent, and pursue its ambitious agenda of inclusive growth and accountable service delivery,” he added. </p> <p>The CPF notes that the federalism agenda will underpin the World Bank Group’s future programs at the strategic, policy and operational levels. It also cautions that transitional vulnerabilities could heighten in the early days of federalism as development roles are adjusted and the new structures take root. Against this background, the CPF focuses on three major areas of engagement. Strengthening public institutions for economic management, service delivery and public investment is one of the main focuses of the CPF while it also aims to promote private sector-led jobs and growth. The other major engagement under the CPF is enhancing inclusion for the poor, vulnerable, and marginalized groups, with greater resilience against climate change, natural disasters, and other exogenous shocks. </p> <p>The CPF priorities emerged from extensive consultations with the federal, state and local governments, development partners and key stakeholders including civil society, academia, the private sector, rural community groups and the media, the World Bank said in a statement.</p> <p>“This includes hearing from over 200,000 citizens across Nepal through SMS and online surveys. The framework aligns with the government’s development priorities and Nepal’s goal to graduate to middle income country status by 2030,” the statement further says. </p> <p>Finance Minister Yuba Raj Khatiwada said, “This partnership strategy with the World Bank supports our goal of giving every Nepali equal access to security, justice, good governance, basic services, and an opportunity to participate in our future prosperity,” adding, “The new partnership strategy with the World Bank Group is focused on supporting our transition to federalism, which fits squarely within our vision and underpins a Nepali-owned model.”</p> <p>The CPF notes that Nepal will require significant financing – over and above public and development aid resources currently available – to achieve faster growth and accelerate poverty reduction in the context of its transition to federalism. The World Bank Group will apply ‘Maximizing Financing for Development’ approaches to optimize the use of scarce public resources and leverage commercial private financing in Nepal. The CPF states that the government’s development model of growth fueled by higher levels of investment, productivity and effective public institutions to underpin private sector dynamism will require carefully calibrated reforms to draw in private investment in parallel with the implementation of federalism.</p> <p>The Financial Sector Stability Development Policy Credit (DPC4) of $100 million, approved by the World Bank Board on August 7, is the final in a series of financial sector DPCs that was initiated in 2013 and has since supported a government-led program aimed at stabilizing the sector by reducing vulnerabilities and increasing transparency. In this phase, according to the World Bank, the program has focused on implementing key reforms through a strengthened legal and regulatory framework, consolidating the financial sector, placing the financial sector safety net on a firm footing and laying the ground for a further program of reforms to broaden and deepen access to financial services for both business and individuals.</p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8617', 'image' => '20180809030146_aa.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '8837', 'article_category_id' => '1', 'title' => 'Shrestha Appointed CEO of IME General Insurance', 'sub_title' => '', 'summary' => 'August 9: Yugesh Bhakta Bade Shrestha has been appointed as the chief executive officer of IME General Insurance Limited.', 'content' => '<p>August 9: Yugesh Bhakta Bade Shrestha has been appointed as the chief executive officer of IME General Insurance Limited. Prior to his appointment as the CEO, Shrestha had been working in the same company as its General Manager and Acting CEO. Shrestha has been involved in non-life insurance sector since the last 23 years, the company said in a statement. Under Shrestha’s leadership, the company has been able to sell insurance policies over Rs 1 billion in the last three years, according to the company.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8616', 'image' => '20180809022402_appointment.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '8836', 'article_category_id' => '1', 'title' => 'Global IME Bank’s customers to get Discount at Dirghayu Hospital', 'sub_title' => '', 'summary' => 'August 9: Global IME Bank has signed an agreement with Dirghayu Guru Hospital to provide discount to its customers for medical services at the hospital.', 'content' => '<p>August 9: Global IME Bank has signed an agreement with Dirghayu Guru Hospital to provide discount to its customers for medical services at the hospital. The bank said in a statement that the agreement was signed to provide its customers standard medical services within the country. As per the agreement, the hospital will provide up to 12 percent discount on various services to the credit/debit card holders of the bank. </p> <p>Rabindra Dhakal of the bank’s market promotion department and Managing Director of Dirghayu Hospital Suraj Shrestha signed the agreement on behalf of their respective organisations on August 8. </p> <p> </p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8615', 'image' => '20180809021156_Clipboard01.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '8835', 'article_category_id' => '1', 'title' => 'Bancassurance Agreement between NB Bank and IME Life Insurance', 'sub_title' => '', 'summary' => 'August 9: IME Life Insurance Company Limited and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers.', 'content' => '<p>August 9: IME Life Insurance Company Limited and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers.</p> <p>According to IME Life Insurance, its Acting General Manager Dinesh Amatya, and Assistant Chief Executive Officer of NB Bank, Surendra Bhushan Shrestha, signed the agreement on behalf of their respective organizations on August 8.</p> <p>As per the agreement, customers of the bank will receive all the facilities related to insurance service provided by IME Life Insurance from all branches of the bank.</p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8614', 'image' => '20180809015145_Picture.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '8834', 'article_category_id' => '1', 'title' => 'Hamro Bikas Bank joins connectIPS e-Payment System', 'sub_title' => '', 'summary' => 'August 9: Hamro Bikas Bank Ltd has been associated with the connectIPS e-Payment System from August 8.', 'content' => '<p>August 9: Hamro Bikas Bank Ltd has been associated with the connectIPS e-Payment System from August 8. With this, the customers of the bank will be able to enroll themselves in the system and initiate online payment transactions through connectIPS system.</p> <p>According to the bank, connectIPS is a standardized single payment platform in which the customers can enroll and link their bank account(s) with one time verification from their respective banks, after which they can use the payment services including fund transfer, online payments and bill payments. The bank said in a statement that all such transactions are processed directly from the bank accounts and does not require any intermediary.</p> <p>The service is now available for the customers from <a href="http://www.connectips.com/">www.connectips.com</a> for tax revenue payment to Government of Nepal. The bank said that it is in the process of extending the service for other payments. connectIPS e-Payment System has already been subscribed by 32 banks and financial institutions among which 20 are already in operation.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8613', 'image' => '20180809110856_Clipboard01.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $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' => '8848', 'article_category_id' => '1', 'title' => 'Qatar Airways is the Prestige Partner and Official Airline of 18th Asian Games', 'sub_title' => '', 'summary' => 'August 10: Qatar Airways has been chosen as the prestige partner and official airline of the 18th Asian Games to be held in Jakarta and Palembang in Indonesia from August 18 to September 2. ', 'content' => '<p>August 10: Qatar Airways has been chosen as the prestige partner and official airline of the 18th Asian Games to be held in Jakarta and Palembang in Indonesia from August 18 to September 2. Athletes from 45 participating countries will compete in the top sporting event of Asia.</p> <p>Following the success of the 2018 FIFA World Cup Russia, of which Qatar Airways was the official partner and official airline, the national carrier of the Qatar has now shifted its focus from Russia to Asia, to expand its global portfolio and celebrate its strong ties across the continent, the company said in a statement.</p> <p>Qatar Airways Group Chief Executive Akbar Al Baker, said, “Qatar Airways is delighted to be the prestige partner and official airline of the 18th Asian Games Jakarta Palembang 2018, and to once more unite fans from around the world through a shared love of sport. This highly-anticipated event strengthens our extensive global sporting portfolio and asserts our continuous dedication to celebrating sports as a means of bringing people together. We are tremendously proud to be flying the Qatar team of more than 200 athletes to Jakarta for the event, and we look forward to welcoming all fans to Jakarta and Palembang.”</p> <p>The airline expressed its belief that this partnership will further increase tourism and business links between Qatar and Indonesia as well as extend Qatar’s warm hospitality and welcoming culture to the people of Indonesia and fans from around the world.</p> <p>This is the second time that Qatar Airways has sponsored the Asian Games. The national carrier of Qatar was also the official airline of the 15th Asian Games Doha 2006.</p> <p>The Asian Games is a pancontinental multi-sport event held every four years, and is the second largest multi-sport event after the Olympic Games. The prestigious competition is organised by the Olympic Council of Asia (OCA), and will include 61 sporting disciplines in more than 40 facilities throughout the two host cities. </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8627', 'image' => '20180810032547_qatar.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '8847', 'article_category_id' => '1', 'title' => 'Bancassurance Pact between NB Bank and Sagarmatha Insurance', 'sub_title' => '', 'summary' => 'August 10: Sagarmatha Insurance Company and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers.', 'content' => '<p style="margin-left:0in; margin-right:0in"><span style="font-family:helvetica,sans-serif; font-size:10.5pt">August 10: Sagarmatha Insurance Company and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers.</span></p> <p style="margin-left:0in; margin-right:0in; text-align:start"><span style="color:#333333; font-family:helvetica,sans-serif; font-size:10.5pt">Deputy General Manager of the insurance company Shrawan Kumar Rawal, and Assistant Chief Executive Officer of NB Bank, Surendra Bhushan Shrestha, signed the agreement on behalf of their respective organizations on Thursday, August 9.</span></p> <p style="margin-left:0in; margin-right:0in; text-align:start"><span style="color:#333333; font-family:helvetica,sans-serif; font-size:10.5pt">As per the agreement, customers of the bank will receive all the facilities related to insurance service provided by IME Life Insurance from all branches of the bank.</span></p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8626', 'image' => '20180810031624_NB Bank.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '8846', 'article_category_id' => '1', 'title' => 'Branchless Banking Service of Mega Bank in Sanga', 'sub_title' => '', 'summary' => 'August 10: Mega Bank with the motive of reaching across the rural and deprived regions of the country with its banking service has inaugurated branchless banking facility in Sanga.', 'content' => '<p>August 10: Mega Bank with the motive of reaching across the rural and deprived regions of the country with its banking service has inaugurated branchless banking facility in Sanga.</p> <p>Manoj Khadka, deputy managing director of Mega Bank, and Uddhav KC, chairman of the District Coordination Committee of Kavre, jointly inaugurated the branchless banking facility in Sanga amid an event on Thursday, August 10. </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8625', 'image' => '20180810030809_mega-bank.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '8845', 'article_category_id' => '1', 'title' => 'Bank of Kathmandu updates its BOK Smart App', 'sub_title' => '', 'summary' => 'August 10: Bank of Kathmandu has updated “BOK Smart” mobile application service to assist its customers with modern and latest banking services.', 'content' => '<p>August 10: Bank of Kathmandu has updated “BOK Smart” mobile application service to assist its customers with modern and latest banking services.</p> <p>The bank has updated the mobile application by adding finger-print security feature to make the mobile banking service more secure for the customers.</p> <p>BOK has also added QR Code dashboard to view the account balance and to make online payment easier for the account holders.</p> <p>The updated mobile application of BOK directs the account holders to nearby branches and ATMs with its map and the application can be downloaded from Google Playstore.</p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8624', 'image' => '20180810030610_bok.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '8844', 'article_category_id' => '1', 'title' => '5 More branches of Muktinath', 'sub_title' => '', 'summary' => 'August 10: Muktinath Bikas Bank has extended its service by opening five new branches across the country.', 'content' => '<p>August 10: Muktinath Bikas Bank has extended its service by opening five new branches across the country.</p> <p>The bank has opened the branches in Bardibas of Mahottari, Chandrapur of Rautahat, Itahari and Inaruwa of Sunsari and Damak of Jhapa.</p> <p>The branches in Bardibas, Chandrapur, Itahari, Inaruwa and Damak were respectively inaugurated by Pralahad Chhettri, chairman of Bardibas Chamber of Commerce Industries; Dev Prasad Timalsina, member of parliament; Sailesh Kumar Bista, senior vice chairman of Itahari Chamber of Commerce and Industries; Rajiv Koirala, member of state assembly of Province 1; and Romnath Oli, mayor of Damak Municipality amid separate functions on Thursday, August 10.</p> <p>The bank said it aims to ease the financial transaction of the locals with the operation of the additional branches. </p> <p>With the operation of the new branches, Muktinath Bikas Bank now has 95 branches in its network.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8623', 'image' => '20180810023633_download (2).jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '8842', 'article_category_id' => '1', 'title' => 'John Players Announces Sale on Summer Collection', 'sub_title' => '', 'summary' => 'August 10: Surya Nepal Pvt Ltd has announced the end-of-season sale on premium menswear from John Players.', 'content' => '<p>August 10: Surya Nepal Pvt Ltd has announced the end-of-season sale on premium menswear from John Players. The company has offered up to 50 percent discount on its summer collection. The offer includes regular and slim-fit shirts and trousers, denim, casual wear and party wear.</p> <p>“The John Players collection on sale is a complete mix of formal and casual outfits as well,” the company said in a statement.</p> <p>The company has been offering sale on John Players at any of its exclusive branded outlets at Blue Bird Mall (Thapathali), City Centre (Kamalpokhari), Durbar Marg, Civil Mall (Sundhara), Man Bhawan, Labim Mall (Pulchowk), BG Mall (Gongabu) and other select stores across the country for a limited period of time.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8622', 'image' => '20180810125154_J (1).jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '8843', 'article_category_id' => '1', 'title' => 'Account and Archive Management Training by RMDC', 'sub_title' => '', 'summary' => 'August 9: The Itahari branch of RMDC Microfinance organized a three-day accounts and archive management training in Sundarharaicha of Morang.', 'content' => '<p>August 9: The Itahari branch of RMDC Microfinance organized a three-day accounts and archive management training in Sundarharaicha of Morang. The management training was attended by 50 individuals working in the field of microfinance organizations. Twenty five of them were accounting professional and 25 assistant managers.</p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8621', 'image' => null, 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '8841', 'article_category_id' => '1', 'title' => 'Khukri XXX Rum Hosting Sundown Events in Kathmandu on Saturdays', 'sub_title' => '', 'summary' => 'August 10: Khukri XXX Rum has announced to organise a series of sundown events in various outlets of Kathmandu. ', 'content' => '<p>August 10: Khukri XXX Rum has announced to organise a series of sundown events in various outlets of Kathmandu. The Khukri XXX Rum Sundown Affair is a perfect excuse for party lovers to enjoy fabulous electronic music by various DJs while sipping down their favorite Khukri Rum cocktails, the company said in a statement.</p> <p>According to the company, the first event of the series successfully happened at the Level 3 Terraces on Saturday, August 4. DJ Vinayak and DJ Praveen Acharya from India played at the event along with other Nepali DJs. The event had a decent crowd and various celebrities while known faces and socialites showed up at the event making it the most happening event of the city, the company claimed.</p> <p>The next session of Khukri XXX Sundown Affair is happening on Saturday, August 11 at the Embers Restaurant. Khukri XXX Rum said it will be hosting seven more events at various outlets of Kathmandu. Party lovers will be able to enjoy live performances by various artist along with delicious rum-based cocktails prepared by professional Khukri bartenders on Saturdays at premium locations of the capital.</p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8620', 'image' => '20180810124042_PR.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '8840', 'article_category_id' => '1', 'title' => 'Century Opens 8 New Branches, State Office in Gandaki Province', 'sub_title' => '', 'summary' => 'August 10: Century Commercial Bank has opened a state-level office along with eight additional branches in Gandaki Province with the motive of adjusting its banking service according to the structure and policy of the federal state.', 'content' => '<p>August 10: Century Commercial Bank has opened a state-level office along with eight additional branches in Gandaki Province with the motive of adjusting its banking service according to the structure and policy of the federal state.</p> <p>The new branches of the bank have been set up at Bagar, Birauta, Talchowk, Gulegaida, Bhimad, Kushma, Baglung and Beni of Gandaki Province.</p> <p>Kiran Gurung, finance minister of Gandaki Province, and Rajesh Kumar Shrestha, chairman of Century Bank, jointly inaugurated the state office in Gandaki amid an event on Wednesday, August 9.</p> <p>Similarly, Chairman Rajesh Kumar Shrestha officially inaugurated the eight new branches of the bank.</p> <p>Tulsi Ram Gautam, CEO of Century Bank, informed that the bank aims to ease the financial transaction of the locals in Gandaki Province with the operation of the eight new branches.</p> <p>Century Bank is currently providing its banking service across the country with its network of 103 branches.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8619', 'image' => '20180810122041_f4261047b4d8382c7c4919388e9de001.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '8839', 'article_category_id' => '1', 'title' => 'Branchless Banking service of NIC Asia in Thulo Pokhara', 'sub_title' => '', 'summary' => 'August 10: NIC Asia Bank has started an additional branchless banking service in Thulo Pokhara of Gulmi Durbar Rural Municipality in Gulmi.', 'content' => '<p>August 10: NIC Asia Bank has started an additional branchless banking service in Thulo Pokhara of Gulmi Durbar Rural Municipality in Gulmi.</p> <p>Hira Bahadur Khatri, chairman of Gulmi Durbar Rural Municipality-7, Thulo Pokhara inaugurated the new branchless baking service amid an event on Wednesday, August 7. </p> <p>The bank has appointed Khumlal Aryal as its agent for the service in Thulo Pokhara.</p> <p>With the operation of the new branchless banking service in Thulo Pokhara, the bank said it now has a network 234 branches, 221 ATMs, 14 extension counters and 17 branchless banking points to provide its banking services across the country.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8618', 'image' => '20180810121148_download (1).jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '8838', 'article_category_id' => '1', 'title' => 'World Bank’s Partnership with Nepal for Next Five Years', 'sub_title' => 'World Bank Board approves $100 million to help deepen financial sector reforms', 'summary' => 'August 9: Nepal’s quest to secure a stable path to federalism and an inclusive and prosperous future has found a strong support with the World Bank Group’s Board of Executive Directors agreeing to a new Country Partnership Framework (CPF) for Nepal for the next five years.', 'content' => '<p>August 9: Nepal’s quest to secure a stable path to federalism and an inclusive and prosperous future has found a strong support with the World Bank Group’s Board of Executive Directors agreeing to a new Country Partnership Framework (CPF) for Nepal for the next five years.</p> <p>According to the World Bank, its board also approved a fourth Financial Sector Stability Development Policy Credit (DPC4) of $100 million to help Nepal continue to deepen its medium-term reform program in the financial sector on August 7.</p> <p>Welcoming the prospects of stability after the elections of 2017, the World Bank Group in the CPF has pledged its support to strengthen institutions that are critical to the effective implementation of federalism, as well as innovative pathways to faster, equitable growth and accountable service delivery. </p> <p>“Nepal’s transition to federalism unlocks opportunities for all citizens to participate in its development,” said Qimiao Fan, the World Bank’s country director for Bangladesh, Bhutan and Nepal. “This represents a window of opportunity for the country to further reduce poverty, increase the income of the bottom 40 percent, and pursue its ambitious agenda of inclusive growth and accountable service delivery,” he added. </p> <p>The CPF notes that the federalism agenda will underpin the World Bank Group’s future programs at the strategic, policy and operational levels. It also cautions that transitional vulnerabilities could heighten in the early days of federalism as development roles are adjusted and the new structures take root. Against this background, the CPF focuses on three major areas of engagement. Strengthening public institutions for economic management, service delivery and public investment is one of the main focuses of the CPF while it also aims to promote private sector-led jobs and growth. The other major engagement under the CPF is enhancing inclusion for the poor, vulnerable, and marginalized groups, with greater resilience against climate change, natural disasters, and other exogenous shocks. </p> <p>The CPF priorities emerged from extensive consultations with the federal, state and local governments, development partners and key stakeholders including civil society, academia, the private sector, rural community groups and the media, the World Bank said in a statement.</p> <p>“This includes hearing from over 200,000 citizens across Nepal through SMS and online surveys. The framework aligns with the government’s development priorities and Nepal’s goal to graduate to middle income country status by 2030,” the statement further says. </p> <p>Finance Minister Yuba Raj Khatiwada said, “This partnership strategy with the World Bank supports our goal of giving every Nepali equal access to security, justice, good governance, basic services, and an opportunity to participate in our future prosperity,” adding, “The new partnership strategy with the World Bank Group is focused on supporting our transition to federalism, which fits squarely within our vision and underpins a Nepali-owned model.”</p> <p>The CPF notes that Nepal will require significant financing – over and above public and development aid resources currently available – to achieve faster growth and accelerate poverty reduction in the context of its transition to federalism. The World Bank Group will apply ‘Maximizing Financing for Development’ approaches to optimize the use of scarce public resources and leverage commercial private financing in Nepal. The CPF states that the government’s development model of growth fueled by higher levels of investment, productivity and effective public institutions to underpin private sector dynamism will require carefully calibrated reforms to draw in private investment in parallel with the implementation of federalism.</p> <p>The Financial Sector Stability Development Policy Credit (DPC4) of $100 million, approved by the World Bank Board on August 7, is the final in a series of financial sector DPCs that was initiated in 2013 and has since supported a government-led program aimed at stabilizing the sector by reducing vulnerabilities and increasing transparency. In this phase, according to the World Bank, the program has focused on implementing key reforms through a strengthened legal and regulatory framework, consolidating the financial sector, placing the financial sector safety net on a firm footing and laying the ground for a further program of reforms to broaden and deepen access to financial services for both business and individuals.</p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8617', 'image' => '20180809030146_aa.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '8837', 'article_category_id' => '1', 'title' => 'Shrestha Appointed CEO of IME General Insurance', 'sub_title' => '', 'summary' => 'August 9: Yugesh Bhakta Bade Shrestha has been appointed as the chief executive officer of IME General Insurance Limited.', 'content' => '<p>August 9: Yugesh Bhakta Bade Shrestha has been appointed as the chief executive officer of IME General Insurance Limited. Prior to his appointment as the CEO, Shrestha had been working in the same company as its General Manager and Acting CEO. Shrestha has been involved in non-life insurance sector since the last 23 years, the company said in a statement. Under Shrestha’s leadership, the company has been able to sell insurance policies over Rs 1 billion in the last three years, according to the company.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8616', 'image' => '20180809022402_appointment.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '8836', 'article_category_id' => '1', 'title' => 'Global IME Bank’s customers to get Discount at Dirghayu Hospital', 'sub_title' => '', 'summary' => 'August 9: Global IME Bank has signed an agreement with Dirghayu Guru Hospital to provide discount to its customers for medical services at the hospital.', 'content' => '<p>August 9: Global IME Bank has signed an agreement with Dirghayu Guru Hospital to provide discount to its customers for medical services at the hospital. The bank said in a statement that the agreement was signed to provide its customers standard medical services within the country. As per the agreement, the hospital will provide up to 12 percent discount on various services to the credit/debit card holders of the bank. </p> <p>Rabindra Dhakal of the bank’s market promotion department and Managing Director of Dirghayu Hospital Suraj Shrestha signed the agreement on behalf of their respective organisations on August 8. </p> <p> </p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8615', 'image' => '20180809021156_Clipboard01.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '8835', 'article_category_id' => '1', 'title' => 'Bancassurance Agreement between NB Bank and IME Life Insurance', 'sub_title' => '', 'summary' => 'August 9: IME Life Insurance Company Limited and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers.', 'content' => '<p>August 9: IME Life Insurance Company Limited and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers.</p> <p>According to IME Life Insurance, its Acting General Manager Dinesh Amatya, and Assistant Chief Executive Officer of NB Bank, Surendra Bhushan Shrestha, signed the agreement on behalf of their respective organizations on August 8.</p> <p>As per the agreement, customers of the bank will receive all the facilities related to insurance service provided by IME Life Insurance from all branches of the bank.</p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8614', 'image' => '20180809015145_Picture.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '8834', 'article_category_id' => '1', 'title' => 'Hamro Bikas Bank joins connectIPS e-Payment System', 'sub_title' => '', 'summary' => 'August 9: Hamro Bikas Bank Ltd has been associated with the connectIPS e-Payment System from August 8.', 'content' => '<p>August 9: Hamro Bikas Bank Ltd has been associated with the connectIPS e-Payment System from August 8. With this, the customers of the bank will be able to enroll themselves in the system and initiate online payment transactions through connectIPS system.</p> <p>According to the bank, connectIPS is a standardized single payment platform in which the customers can enroll and link their bank account(s) with one time verification from their respective banks, after which they can use the payment services including fund transfer, online payments and bill payments. The bank said in a statement that all such transactions are processed directly from the bank accounts and does not require any intermediary.</p> <p>The service is now available for the customers from <a href="http://www.connectips.com/">www.connectips.com</a> for tax revenue payment to Government of Nepal. The bank said that it is in the process of extending the service for other payments. connectIPS e-Payment System has already been subscribed by 32 banks and financial institutions among which 20 are already in operation.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8613', 'image' => '20180809110856_Clipboard01.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $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' => '8848', 'article_category_id' => '1', 'title' => 'Qatar Airways is the Prestige Partner and Official Airline of 18th Asian Games', 'sub_title' => '', 'summary' => 'August 10: Qatar Airways has been chosen as the prestige partner and official airline of the 18th Asian Games to be held in Jakarta and Palembang in Indonesia from August 18 to September 2. ', 'content' => '<p>August 10: Qatar Airways has been chosen as the prestige partner and official airline of the 18th Asian Games to be held in Jakarta and Palembang in Indonesia from August 18 to September 2. Athletes from 45 participating countries will compete in the top sporting event of Asia.</p> <p>Following the success of the 2018 FIFA World Cup Russia, of which Qatar Airways was the official partner and official airline, the national carrier of the Qatar has now shifted its focus from Russia to Asia, to expand its global portfolio and celebrate its strong ties across the continent, the company said in a statement.</p> <p>Qatar Airways Group Chief Executive Akbar Al Baker, said, “Qatar Airways is delighted to be the prestige partner and official airline of the 18th Asian Games Jakarta Palembang 2018, and to once more unite fans from around the world through a shared love of sport. This highly-anticipated event strengthens our extensive global sporting portfolio and asserts our continuous dedication to celebrating sports as a means of bringing people together. We are tremendously proud to be flying the Qatar team of more than 200 athletes to Jakarta for the event, and we look forward to welcoming all fans to Jakarta and Palembang.”</p> <p>The airline expressed its belief that this partnership will further increase tourism and business links between Qatar and Indonesia as well as extend Qatar’s warm hospitality and welcoming culture to the people of Indonesia and fans from around the world.</p> <p>This is the second time that Qatar Airways has sponsored the Asian Games. The national carrier of Qatar was also the official airline of the 15th Asian Games Doha 2006.</p> <p>The Asian Games is a pancontinental multi-sport event held every four years, and is the second largest multi-sport event after the Olympic Games. The prestigious competition is organised by the Olympic Council of Asia (OCA), and will include 61 sporting disciplines in more than 40 facilities throughout the two host cities. </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8627', 'image' => '20180810032547_qatar.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '8847', 'article_category_id' => '1', 'title' => 'Bancassurance Pact between NB Bank and Sagarmatha Insurance', 'sub_title' => '', 'summary' => 'August 10: Sagarmatha Insurance Company and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers.', 'content' => '<p style="margin-left:0in; margin-right:0in"><span style="font-family:helvetica,sans-serif; font-size:10.5pt">August 10: Sagarmatha Insurance Company and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers.</span></p> <p style="margin-left:0in; margin-right:0in; text-align:start"><span style="color:#333333; font-family:helvetica,sans-serif; font-size:10.5pt">Deputy General Manager of the insurance company Shrawan Kumar Rawal, and Assistant Chief Executive Officer of NB Bank, Surendra Bhushan Shrestha, signed the agreement on behalf of their respective organizations on Thursday, August 9.</span></p> <p style="margin-left:0in; margin-right:0in; text-align:start"><span style="color:#333333; font-family:helvetica,sans-serif; font-size:10.5pt">As per the agreement, customers of the bank will receive all the facilities related to insurance service provided by IME Life Insurance from all branches of the bank.</span></p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8626', 'image' => '20180810031624_NB Bank.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '8846', 'article_category_id' => '1', 'title' => 'Branchless Banking Service of Mega Bank in Sanga', 'sub_title' => '', 'summary' => 'August 10: Mega Bank with the motive of reaching across the rural and deprived regions of the country with its banking service has inaugurated branchless banking facility in Sanga.', 'content' => '<p>August 10: Mega Bank with the motive of reaching across the rural and deprived regions of the country with its banking service has inaugurated branchless banking facility in Sanga.</p> <p>Manoj Khadka, deputy managing director of Mega Bank, and Uddhav KC, chairman of the District Coordination Committee of Kavre, jointly inaugurated the branchless banking facility in Sanga amid an event on Thursday, August 10. </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8625', 'image' => '20180810030809_mega-bank.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '8845', 'article_category_id' => '1', 'title' => 'Bank of Kathmandu updates its BOK Smart App', 'sub_title' => '', 'summary' => 'August 10: Bank of Kathmandu has updated “BOK Smart” mobile application service to assist its customers with modern and latest banking services.', 'content' => '<p>August 10: Bank of Kathmandu has updated “BOK Smart” mobile application service to assist its customers with modern and latest banking services.</p> <p>The bank has updated the mobile application by adding finger-print security feature to make the mobile banking service more secure for the customers.</p> <p>BOK has also added QR Code dashboard to view the account balance and to make online payment easier for the account holders.</p> <p>The updated mobile application of BOK directs the account holders to nearby branches and ATMs with its map and the application can be downloaded from Google Playstore.</p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8624', 'image' => '20180810030610_bok.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '8844', 'article_category_id' => '1', 'title' => '5 More branches of Muktinath', 'sub_title' => '', 'summary' => 'August 10: Muktinath Bikas Bank has extended its service by opening five new branches across the country.', 'content' => '<p>August 10: Muktinath Bikas Bank has extended its service by opening five new branches across the country.</p> <p>The bank has opened the branches in Bardibas of Mahottari, Chandrapur of Rautahat, Itahari and Inaruwa of Sunsari and Damak of Jhapa.</p> <p>The branches in Bardibas, Chandrapur, Itahari, Inaruwa and Damak were respectively inaugurated by Pralahad Chhettri, chairman of Bardibas Chamber of Commerce Industries; Dev Prasad Timalsina, member of parliament; Sailesh Kumar Bista, senior vice chairman of Itahari Chamber of Commerce and Industries; Rajiv Koirala, member of state assembly of Province 1; and Romnath Oli, mayor of Damak Municipality amid separate functions on Thursday, August 10.</p> <p>The bank said it aims to ease the financial transaction of the locals with the operation of the additional branches. </p> <p>With the operation of the new branches, Muktinath Bikas Bank now has 95 branches in its network.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8623', 'image' => '20180810023633_download (2).jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '8842', 'article_category_id' => '1', 'title' => 'John Players Announces Sale on Summer Collection', 'sub_title' => '', 'summary' => 'August 10: Surya Nepal Pvt Ltd has announced the end-of-season sale on premium menswear from John Players.', 'content' => '<p>August 10: Surya Nepal Pvt Ltd has announced the end-of-season sale on premium menswear from John Players. The company has offered up to 50 percent discount on its summer collection. The offer includes regular and slim-fit shirts and trousers, denim, casual wear and party wear.</p> <p>“The John Players collection on sale is a complete mix of formal and casual outfits as well,” the company said in a statement.</p> <p>The company has been offering sale on John Players at any of its exclusive branded outlets at Blue Bird Mall (Thapathali), City Centre (Kamalpokhari), Durbar Marg, Civil Mall (Sundhara), Man Bhawan, Labim Mall (Pulchowk), BG Mall (Gongabu) and other select stores across the country for a limited period of time.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8622', 'image' => '20180810125154_J (1).jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '8843', 'article_category_id' => '1', 'title' => 'Account and Archive Management Training by RMDC', 'sub_title' => '', 'summary' => 'August 9: The Itahari branch of RMDC Microfinance organized a three-day accounts and archive management training in Sundarharaicha of Morang.', 'content' => '<p>August 9: The Itahari branch of RMDC Microfinance organized a three-day accounts and archive management training in Sundarharaicha of Morang. The management training was attended by 50 individuals working in the field of microfinance organizations. Twenty five of them were accounting professional and 25 assistant managers.</p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8621', 'image' => null, 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '8841', 'article_category_id' => '1', 'title' => 'Khukri XXX Rum Hosting Sundown Events in Kathmandu on Saturdays', 'sub_title' => '', 'summary' => 'August 10: Khukri XXX Rum has announced to organise a series of sundown events in various outlets of Kathmandu. ', 'content' => '<p>August 10: Khukri XXX Rum has announced to organise a series of sundown events in various outlets of Kathmandu. The Khukri XXX Rum Sundown Affair is a perfect excuse for party lovers to enjoy fabulous electronic music by various DJs while sipping down their favorite Khukri Rum cocktails, the company said in a statement.</p> <p>According to the company, the first event of the series successfully happened at the Level 3 Terraces on Saturday, August 4. DJ Vinayak and DJ Praveen Acharya from India played at the event along with other Nepali DJs. The event had a decent crowd and various celebrities while known faces and socialites showed up at the event making it the most happening event of the city, the company claimed.</p> <p>The next session of Khukri XXX Sundown Affair is happening on Saturday, August 11 at the Embers Restaurant. Khukri XXX Rum said it will be hosting seven more events at various outlets of Kathmandu. Party lovers will be able to enjoy live performances by various artist along with delicious rum-based cocktails prepared by professional Khukri bartenders on Saturdays at premium locations of the capital.</p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8620', 'image' => '20180810124042_PR.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '8840', 'article_category_id' => '1', 'title' => 'Century Opens 8 New Branches, State Office in Gandaki Province', 'sub_title' => '', 'summary' => 'August 10: Century Commercial Bank has opened a state-level office along with eight additional branches in Gandaki Province with the motive of adjusting its banking service according to the structure and policy of the federal state.', 'content' => '<p>August 10: Century Commercial Bank has opened a state-level office along with eight additional branches in Gandaki Province with the motive of adjusting its banking service according to the structure and policy of the federal state.</p> <p>The new branches of the bank have been set up at Bagar, Birauta, Talchowk, Gulegaida, Bhimad, Kushma, Baglung and Beni of Gandaki Province.</p> <p>Kiran Gurung, finance minister of Gandaki Province, and Rajesh Kumar Shrestha, chairman of Century Bank, jointly inaugurated the state office in Gandaki amid an event on Wednesday, August 9.</p> <p>Similarly, Chairman Rajesh Kumar Shrestha officially inaugurated the eight new branches of the bank.</p> <p>Tulsi Ram Gautam, CEO of Century Bank, informed that the bank aims to ease the financial transaction of the locals in Gandaki Province with the operation of the eight new branches.</p> <p>Century Bank is currently providing its banking service across the country with its network of 103 branches.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8619', 'image' => '20180810122041_f4261047b4d8382c7c4919388e9de001.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '8839', 'article_category_id' => '1', 'title' => 'Branchless Banking service of NIC Asia in Thulo Pokhara', 'sub_title' => '', 'summary' => 'August 10: NIC Asia Bank has started an additional branchless banking service in Thulo Pokhara of Gulmi Durbar Rural Municipality in Gulmi.', 'content' => '<p>August 10: NIC Asia Bank has started an additional branchless banking service in Thulo Pokhara of Gulmi Durbar Rural Municipality in Gulmi.</p> <p>Hira Bahadur Khatri, chairman of Gulmi Durbar Rural Municipality-7, Thulo Pokhara inaugurated the new branchless baking service amid an event on Wednesday, August 7. </p> <p>The bank has appointed Khumlal Aryal as its agent for the service in Thulo Pokhara.</p> <p>With the operation of the new branchless banking service in Thulo Pokhara, the bank said it now has a network 234 branches, 221 ATMs, 14 extension counters and 17 branchless banking points to provide its banking services across the country.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8618', 'image' => '20180810121148_download (1).jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '8838', 'article_category_id' => '1', 'title' => 'World Bank’s Partnership with Nepal for Next Five Years', 'sub_title' => 'World Bank Board approves $100 million to help deepen financial sector reforms', 'summary' => 'August 9: Nepal’s quest to secure a stable path to federalism and an inclusive and prosperous future has found a strong support with the World Bank Group’s Board of Executive Directors agreeing to a new Country Partnership Framework (CPF) for Nepal for the next five years.', 'content' => '<p>August 9: Nepal’s quest to secure a stable path to federalism and an inclusive and prosperous future has found a strong support with the World Bank Group’s Board of Executive Directors agreeing to a new Country Partnership Framework (CPF) for Nepal for the next five years.</p> <p>According to the World Bank, its board also approved a fourth Financial Sector Stability Development Policy Credit (DPC4) of $100 million to help Nepal continue to deepen its medium-term reform program in the financial sector on August 7.</p> <p>Welcoming the prospects of stability after the elections of 2017, the World Bank Group in the CPF has pledged its support to strengthen institutions that are critical to the effective implementation of federalism, as well as innovative pathways to faster, equitable growth and accountable service delivery. </p> <p>“Nepal’s transition to federalism unlocks opportunities for all citizens to participate in its development,” said Qimiao Fan, the World Bank’s country director for Bangladesh, Bhutan and Nepal. “This represents a window of opportunity for the country to further reduce poverty, increase the income of the bottom 40 percent, and pursue its ambitious agenda of inclusive growth and accountable service delivery,” he added. </p> <p>The CPF notes that the federalism agenda will underpin the World Bank Group’s future programs at the strategic, policy and operational levels. It also cautions that transitional vulnerabilities could heighten in the early days of federalism as development roles are adjusted and the new structures take root. Against this background, the CPF focuses on three major areas of engagement. Strengthening public institutions for economic management, service delivery and public investment is one of the main focuses of the CPF while it also aims to promote private sector-led jobs and growth. The other major engagement under the CPF is enhancing inclusion for the poor, vulnerable, and marginalized groups, with greater resilience against climate change, natural disasters, and other exogenous shocks. </p> <p>The CPF priorities emerged from extensive consultations with the federal, state and local governments, development partners and key stakeholders including civil society, academia, the private sector, rural community groups and the media, the World Bank said in a statement.</p> <p>“This includes hearing from over 200,000 citizens across Nepal through SMS and online surveys. The framework aligns with the government’s development priorities and Nepal’s goal to graduate to middle income country status by 2030,” the statement further says. </p> <p>Finance Minister Yuba Raj Khatiwada said, “This partnership strategy with the World Bank supports our goal of giving every Nepali equal access to security, justice, good governance, basic services, and an opportunity to participate in our future prosperity,” adding, “The new partnership strategy with the World Bank Group is focused on supporting our transition to federalism, which fits squarely within our vision and underpins a Nepali-owned model.”</p> <p>The CPF notes that Nepal will require significant financing – over and above public and development aid resources currently available – to achieve faster growth and accelerate poverty reduction in the context of its transition to federalism. The World Bank Group will apply ‘Maximizing Financing for Development’ approaches to optimize the use of scarce public resources and leverage commercial private financing in Nepal. The CPF states that the government’s development model of growth fueled by higher levels of investment, productivity and effective public institutions to underpin private sector dynamism will require carefully calibrated reforms to draw in private investment in parallel with the implementation of federalism.</p> <p>The Financial Sector Stability Development Policy Credit (DPC4) of $100 million, approved by the World Bank Board on August 7, is the final in a series of financial sector DPCs that was initiated in 2013 and has since supported a government-led program aimed at stabilizing the sector by reducing vulnerabilities and increasing transparency. In this phase, according to the World Bank, the program has focused on implementing key reforms through a strengthened legal and regulatory framework, consolidating the financial sector, placing the financial sector safety net on a firm footing and laying the ground for a further program of reforms to broaden and deepen access to financial services for both business and individuals.</p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8617', 'image' => '20180809030146_aa.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '8837', 'article_category_id' => '1', 'title' => 'Shrestha Appointed CEO of IME General Insurance', 'sub_title' => '', 'summary' => 'August 9: Yugesh Bhakta Bade Shrestha has been appointed as the chief executive officer of IME General Insurance Limited.', 'content' => '<p>August 9: Yugesh Bhakta Bade Shrestha has been appointed as the chief executive officer of IME General Insurance Limited. Prior to his appointment as the CEO, Shrestha had been working in the same company as its General Manager and Acting CEO. Shrestha has been involved in non-life insurance sector since the last 23 years, the company said in a statement. Under Shrestha’s leadership, the company has been able to sell insurance policies over Rs 1 billion in the last three years, according to the company.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8616', 'image' => '20180809022402_appointment.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '8836', 'article_category_id' => '1', 'title' => 'Global IME Bank’s customers to get Discount at Dirghayu Hospital', 'sub_title' => '', 'summary' => 'August 9: Global IME Bank has signed an agreement with Dirghayu Guru Hospital to provide discount to its customers for medical services at the hospital.', 'content' => '<p>August 9: Global IME Bank has signed an agreement with Dirghayu Guru Hospital to provide discount to its customers for medical services at the hospital. The bank said in a statement that the agreement was signed to provide its customers standard medical services within the country. As per the agreement, the hospital will provide up to 12 percent discount on various services to the credit/debit card holders of the bank. </p> <p>Rabindra Dhakal of the bank’s market promotion department and Managing Director of Dirghayu Hospital Suraj Shrestha signed the agreement on behalf of their respective organisations on August 8. </p> <p> </p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8615', 'image' => '20180809021156_Clipboard01.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '8835', 'article_category_id' => '1', 'title' => 'Bancassurance Agreement between NB Bank and IME Life Insurance', 'sub_title' => '', 'summary' => 'August 9: IME Life Insurance Company Limited and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers.', 'content' => '<p>August 9: IME Life Insurance Company Limited and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers.</p> <p>According to IME Life Insurance, its Acting General Manager Dinesh Amatya, and Assistant Chief Executive Officer of NB Bank, Surendra Bhushan Shrestha, signed the agreement on behalf of their respective organizations on August 8.</p> <p>As per the agreement, customers of the bank will receive all the facilities related to insurance service provided by IME Life Insurance from all branches of the bank.</p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8614', 'image' => '20180809015145_Picture.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '8834', 'article_category_id' => '1', 'title' => 'Hamro Bikas Bank joins connectIPS e-Payment System', 'sub_title' => '', 'summary' => 'August 9: Hamro Bikas Bank Ltd has been associated with the connectIPS e-Payment System from August 8.', 'content' => '<p>August 9: Hamro Bikas Bank Ltd has been associated with the connectIPS e-Payment System from August 8. With this, the customers of the bank will be able to enroll themselves in the system and initiate online payment transactions through connectIPS system.</p> <p>According to the bank, connectIPS is a standardized single payment platform in which the customers can enroll and link their bank account(s) with one time verification from their respective banks, after which they can use the payment services including fund transfer, online payments and bill payments. The bank said in a statement that all such transactions are processed directly from the bank accounts and does not require any intermediary.</p> <p>The service is now available for the customers from <a href="http://www.connectips.com/">www.connectips.com</a> for tax revenue payment to Government of Nepal. The bank said that it is in the process of extending the service for other payments. connectIPS e-Payment System has already been subscribed by 32 banks and financial institutions among which 20 are already in operation.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8613', 'image' => '20180809110856_Clipboard01.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $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' => '8848', 'article_category_id' => '1', 'title' => 'Qatar Airways is the Prestige Partner and Official Airline of 18th Asian Games', 'sub_title' => '', 'summary' => 'August 10: Qatar Airways has been chosen as the prestige partner and official airline of the 18th Asian Games to be held in Jakarta and Palembang in Indonesia from August 18 to September 2. ', 'content' => '<p>August 10: Qatar Airways has been chosen as the prestige partner and official airline of the 18th Asian Games to be held in Jakarta and Palembang in Indonesia from August 18 to September 2. Athletes from 45 participating countries will compete in the top sporting event of Asia.</p> <p>Following the success of the 2018 FIFA World Cup Russia, of which Qatar Airways was the official partner and official airline, the national carrier of the Qatar has now shifted its focus from Russia to Asia, to expand its global portfolio and celebrate its strong ties across the continent, the company said in a statement.</p> <p>Qatar Airways Group Chief Executive Akbar Al Baker, said, “Qatar Airways is delighted to be the prestige partner and official airline of the 18th Asian Games Jakarta Palembang 2018, and to once more unite fans from around the world through a shared love of sport. This highly-anticipated event strengthens our extensive global sporting portfolio and asserts our continuous dedication to celebrating sports as a means of bringing people together. We are tremendously proud to be flying the Qatar team of more than 200 athletes to Jakarta for the event, and we look forward to welcoming all fans to Jakarta and Palembang.”</p> <p>The airline expressed its belief that this partnership will further increase tourism and business links between Qatar and Indonesia as well as extend Qatar’s warm hospitality and welcoming culture to the people of Indonesia and fans from around the world.</p> <p>This is the second time that Qatar Airways has sponsored the Asian Games. The national carrier of Qatar was also the official airline of the 15th Asian Games Doha 2006.</p> <p>The Asian Games is a pancontinental multi-sport event held every four years, and is the second largest multi-sport event after the Olympic Games. The prestigious competition is organised by the Olympic Council of Asia (OCA), and will include 61 sporting disciplines in more than 40 facilities throughout the two host cities. </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8627', 'image' => '20180810032547_qatar.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '8847', 'article_category_id' => '1', 'title' => 'Bancassurance Pact between NB Bank and Sagarmatha Insurance', 'sub_title' => '', 'summary' => 'August 10: Sagarmatha Insurance Company and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers.', 'content' => '<p style="margin-left:0in; margin-right:0in"><span style="font-family:helvetica,sans-serif; font-size:10.5pt">August 10: Sagarmatha Insurance Company and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers.</span></p> <p style="margin-left:0in; margin-right:0in; text-align:start"><span style="color:#333333; font-family:helvetica,sans-serif; font-size:10.5pt">Deputy General Manager of the insurance company Shrawan Kumar Rawal, and Assistant Chief Executive Officer of NB Bank, Surendra Bhushan Shrestha, signed the agreement on behalf of their respective organizations on Thursday, August 9.</span></p> <p style="margin-left:0in; margin-right:0in; text-align:start"><span style="color:#333333; font-family:helvetica,sans-serif; font-size:10.5pt">As per the agreement, customers of the bank will receive all the facilities related to insurance service provided by IME Life Insurance from all branches of the bank.</span></p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8626', 'image' => '20180810031624_NB Bank.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '8846', 'article_category_id' => '1', 'title' => 'Branchless Banking Service of Mega Bank in Sanga', 'sub_title' => '', 'summary' => 'August 10: Mega Bank with the motive of reaching across the rural and deprived regions of the country with its banking service has inaugurated branchless banking facility in Sanga.', 'content' => '<p>August 10: Mega Bank with the motive of reaching across the rural and deprived regions of the country with its banking service has inaugurated branchless banking facility in Sanga.</p> <p>Manoj Khadka, deputy managing director of Mega Bank, and Uddhav KC, chairman of the District Coordination Committee of Kavre, jointly inaugurated the branchless banking facility in Sanga amid an event on Thursday, August 10. </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8625', 'image' => '20180810030809_mega-bank.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '8845', 'article_category_id' => '1', 'title' => 'Bank of Kathmandu updates its BOK Smart App', 'sub_title' => '', 'summary' => 'August 10: Bank of Kathmandu has updated “BOK Smart” mobile application service to assist its customers with modern and latest banking services.', 'content' => '<p>August 10: Bank of Kathmandu has updated “BOK Smart” mobile application service to assist its customers with modern and latest banking services.</p> <p>The bank has updated the mobile application by adding finger-print security feature to make the mobile banking service more secure for the customers.</p> <p>BOK has also added QR Code dashboard to view the account balance and to make online payment easier for the account holders.</p> <p>The updated mobile application of BOK directs the account holders to nearby branches and ATMs with its map and the application can be downloaded from Google Playstore.</p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8624', 'image' => '20180810030610_bok.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '8844', 'article_category_id' => '1', 'title' => '5 More branches of Muktinath', 'sub_title' => '', 'summary' => 'August 10: Muktinath Bikas Bank has extended its service by opening five new branches across the country.', 'content' => '<p>August 10: Muktinath Bikas Bank has extended its service by opening five new branches across the country.</p> <p>The bank has opened the branches in Bardibas of Mahottari, Chandrapur of Rautahat, Itahari and Inaruwa of Sunsari and Damak of Jhapa.</p> <p>The branches in Bardibas, Chandrapur, Itahari, Inaruwa and Damak were respectively inaugurated by Pralahad Chhettri, chairman of Bardibas Chamber of Commerce Industries; Dev Prasad Timalsina, member of parliament; Sailesh Kumar Bista, senior vice chairman of Itahari Chamber of Commerce and Industries; Rajiv Koirala, member of state assembly of Province 1; and Romnath Oli, mayor of Damak Municipality amid separate functions on Thursday, August 10.</p> <p>The bank said it aims to ease the financial transaction of the locals with the operation of the additional branches. </p> <p>With the operation of the new branches, Muktinath Bikas Bank now has 95 branches in its network.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8623', 'image' => '20180810023633_download (2).jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '8842', 'article_category_id' => '1', 'title' => 'John Players Announces Sale on Summer Collection', 'sub_title' => '', 'summary' => 'August 10: Surya Nepal Pvt Ltd has announced the end-of-season sale on premium menswear from John Players.', 'content' => '<p>August 10: Surya Nepal Pvt Ltd has announced the end-of-season sale on premium menswear from John Players. The company has offered up to 50 percent discount on its summer collection. The offer includes regular and slim-fit shirts and trousers, denim, casual wear and party wear.</p> <p>“The John Players collection on sale is a complete mix of formal and casual outfits as well,” the company said in a statement.</p> <p>The company has been offering sale on John Players at any of its exclusive branded outlets at Blue Bird Mall (Thapathali), City Centre (Kamalpokhari), Durbar Marg, Civil Mall (Sundhara), Man Bhawan, Labim Mall (Pulchowk), BG Mall (Gongabu) and other select stores across the country for a limited period of time.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8622', 'image' => '20180810125154_J (1).jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '8843', 'article_category_id' => '1', 'title' => 'Account and Archive Management Training by RMDC', 'sub_title' => '', 'summary' => 'August 9: The Itahari branch of RMDC Microfinance organized a three-day accounts and archive management training in Sundarharaicha of Morang.', 'content' => '<p>August 9: The Itahari branch of RMDC Microfinance organized a three-day accounts and archive management training in Sundarharaicha of Morang. The management training was attended by 50 individuals working in the field of microfinance organizations. Twenty five of them were accounting professional and 25 assistant managers.</p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8621', 'image' => null, 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '8841', 'article_category_id' => '1', 'title' => 'Khukri XXX Rum Hosting Sundown Events in Kathmandu on Saturdays', 'sub_title' => '', 'summary' => 'August 10: Khukri XXX Rum has announced to organise a series of sundown events in various outlets of Kathmandu. ', 'content' => '<p>August 10: Khukri XXX Rum has announced to organise a series of sundown events in various outlets of Kathmandu. The Khukri XXX Rum Sundown Affair is a perfect excuse for party lovers to enjoy fabulous electronic music by various DJs while sipping down their favorite Khukri Rum cocktails, the company said in a statement.</p> <p>According to the company, the first event of the series successfully happened at the Level 3 Terraces on Saturday, August 4. DJ Vinayak and DJ Praveen Acharya from India played at the event along with other Nepali DJs. The event had a decent crowd and various celebrities while known faces and socialites showed up at the event making it the most happening event of the city, the company claimed.</p> <p>The next session of Khukri XXX Sundown Affair is happening on Saturday, August 11 at the Embers Restaurant. Khukri XXX Rum said it will be hosting seven more events at various outlets of Kathmandu. Party lovers will be able to enjoy live performances by various artist along with delicious rum-based cocktails prepared by professional Khukri bartenders on Saturdays at premium locations of the capital.</p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8620', 'image' => '20180810124042_PR.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '8840', 'article_category_id' => '1', 'title' => 'Century Opens 8 New Branches, State Office in Gandaki Province', 'sub_title' => '', 'summary' => 'August 10: Century Commercial Bank has opened a state-level office along with eight additional branches in Gandaki Province with the motive of adjusting its banking service according to the structure and policy of the federal state.', 'content' => '<p>August 10: Century Commercial Bank has opened a state-level office along with eight additional branches in Gandaki Province with the motive of adjusting its banking service according to the structure and policy of the federal state.</p> <p>The new branches of the bank have been set up at Bagar, Birauta, Talchowk, Gulegaida, Bhimad, Kushma, Baglung and Beni of Gandaki Province.</p> <p>Kiran Gurung, finance minister of Gandaki Province, and Rajesh Kumar Shrestha, chairman of Century Bank, jointly inaugurated the state office in Gandaki amid an event on Wednesday, August 9.</p> <p>Similarly, Chairman Rajesh Kumar Shrestha officially inaugurated the eight new branches of the bank.</p> <p>Tulsi Ram Gautam, CEO of Century Bank, informed that the bank aims to ease the financial transaction of the locals in Gandaki Province with the operation of the eight new branches.</p> <p>Century Bank is currently providing its banking service across the country with its network of 103 branches.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8619', 'image' => '20180810122041_f4261047b4d8382c7c4919388e9de001.jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '8839', 'article_category_id' => '1', 'title' => 'Branchless Banking service of NIC Asia in Thulo Pokhara', 'sub_title' => '', 'summary' => 'August 10: NIC Asia Bank has started an additional branchless banking service in Thulo Pokhara of Gulmi Durbar Rural Municipality in Gulmi.', 'content' => '<p>August 10: NIC Asia Bank has started an additional branchless banking service in Thulo Pokhara of Gulmi Durbar Rural Municipality in Gulmi.</p> <p>Hira Bahadur Khatri, chairman of Gulmi Durbar Rural Municipality-7, Thulo Pokhara inaugurated the new branchless baking service amid an event on Wednesday, August 7. </p> <p>The bank has appointed Khumlal Aryal as its agent for the service in Thulo Pokhara.</p> <p>With the operation of the new branchless banking service in Thulo Pokhara, the bank said it now has a network 234 branches, 221 ATMs, 14 extension counters and 17 branchless banking points to provide its banking services across the country.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-08-10', 'modified' => '2018-08-10', 'keywords' => '', 'description' => '', 'sortorder' => '8618', 'image' => '20180810121148_download (1).jpg', 'article_date' => '2018-08-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '8838', 'article_category_id' => '1', 'title' => 'World Bank’s Partnership with Nepal for Next Five Years', 'sub_title' => 'World Bank Board approves $100 million to help deepen financial sector reforms', 'summary' => 'August 9: Nepal’s quest to secure a stable path to federalism and an inclusive and prosperous future has found a strong support with the World Bank Group’s Board of Executive Directors agreeing to a new Country Partnership Framework (CPF) for Nepal for the next five years.', 'content' => '<p>August 9: Nepal’s quest to secure a stable path to federalism and an inclusive and prosperous future has found a strong support with the World Bank Group’s Board of Executive Directors agreeing to a new Country Partnership Framework (CPF) for Nepal for the next five years.</p> <p>According to the World Bank, its board also approved a fourth Financial Sector Stability Development Policy Credit (DPC4) of $100 million to help Nepal continue to deepen its medium-term reform program in the financial sector on August 7.</p> <p>Welcoming the prospects of stability after the elections of 2017, the World Bank Group in the CPF has pledged its support to strengthen institutions that are critical to the effective implementation of federalism, as well as innovative pathways to faster, equitable growth and accountable service delivery. </p> <p>“Nepal’s transition to federalism unlocks opportunities for all citizens to participate in its development,” said Qimiao Fan, the World Bank’s country director for Bangladesh, Bhutan and Nepal. “This represents a window of opportunity for the country to further reduce poverty, increase the income of the bottom 40 percent, and pursue its ambitious agenda of inclusive growth and accountable service delivery,” he added. </p> <p>The CPF notes that the federalism agenda will underpin the World Bank Group’s future programs at the strategic, policy and operational levels. It also cautions that transitional vulnerabilities could heighten in the early days of federalism as development roles are adjusted and the new structures take root. Against this background, the CPF focuses on three major areas of engagement. Strengthening public institutions for economic management, service delivery and public investment is one of the main focuses of the CPF while it also aims to promote private sector-led jobs and growth. The other major engagement under the CPF is enhancing inclusion for the poor, vulnerable, and marginalized groups, with greater resilience against climate change, natural disasters, and other exogenous shocks. </p> <p>The CPF priorities emerged from extensive consultations with the federal, state and local governments, development partners and key stakeholders including civil society, academia, the private sector, rural community groups and the media, the World Bank said in a statement.</p> <p>“This includes hearing from over 200,000 citizens across Nepal through SMS and online surveys. The framework aligns with the government’s development priorities and Nepal’s goal to graduate to middle income country status by 2030,” the statement further says. </p> <p>Finance Minister Yuba Raj Khatiwada said, “This partnership strategy with the World Bank supports our goal of giving every Nepali equal access to security, justice, good governance, basic services, and an opportunity to participate in our future prosperity,” adding, “The new partnership strategy with the World Bank Group is focused on supporting our transition to federalism, which fits squarely within our vision and underpins a Nepali-owned model.”</p> <p>The CPF notes that Nepal will require significant financing – over and above public and development aid resources currently available – to achieve faster growth and accelerate poverty reduction in the context of its transition to federalism. The World Bank Group will apply ‘Maximizing Financing for Development’ approaches to optimize the use of scarce public resources and leverage commercial private financing in Nepal. The CPF states that the government’s development model of growth fueled by higher levels of investment, productivity and effective public institutions to underpin private sector dynamism will require carefully calibrated reforms to draw in private investment in parallel with the implementation of federalism.</p> <p>The Financial Sector Stability Development Policy Credit (DPC4) of $100 million, approved by the World Bank Board on August 7, is the final in a series of financial sector DPCs that was initiated in 2013 and has since supported a government-led program aimed at stabilizing the sector by reducing vulnerabilities and increasing transparency. In this phase, according to the World Bank, the program has focused on implementing key reforms through a strengthened legal and regulatory framework, consolidating the financial sector, placing the financial sector safety net on a firm footing and laying the ground for a further program of reforms to broaden and deepen access to financial services for both business and individuals.</p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8617', 'image' => '20180809030146_aa.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '8837', 'article_category_id' => '1', 'title' => 'Shrestha Appointed CEO of IME General Insurance', 'sub_title' => '', 'summary' => 'August 9: Yugesh Bhakta Bade Shrestha has been appointed as the chief executive officer of IME General Insurance Limited.', 'content' => '<p>August 9: Yugesh Bhakta Bade Shrestha has been appointed as the chief executive officer of IME General Insurance Limited. Prior to his appointment as the CEO, Shrestha had been working in the same company as its General Manager and Acting CEO. Shrestha has been involved in non-life insurance sector since the last 23 years, the company said in a statement. Under Shrestha’s leadership, the company has been able to sell insurance policies over Rs 1 billion in the last three years, according to the company.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8616', 'image' => '20180809022402_appointment.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '8836', 'article_category_id' => '1', 'title' => 'Global IME Bank’s customers to get Discount at Dirghayu Hospital', 'sub_title' => '', 'summary' => 'August 9: Global IME Bank has signed an agreement with Dirghayu Guru Hospital to provide discount to its customers for medical services at the hospital.', 'content' => '<p>August 9: Global IME Bank has signed an agreement with Dirghayu Guru Hospital to provide discount to its customers for medical services at the hospital. The bank said in a statement that the agreement was signed to provide its customers standard medical services within the country. As per the agreement, the hospital will provide up to 12 percent discount on various services to the credit/debit card holders of the bank. </p> <p>Rabindra Dhakal of the bank’s market promotion department and Managing Director of Dirghayu Hospital Suraj Shrestha signed the agreement on behalf of their respective organisations on August 8. </p> <p> </p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8615', 'image' => '20180809021156_Clipboard01.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '8835', 'article_category_id' => '1', 'title' => 'Bancassurance Agreement between NB Bank and IME Life Insurance', 'sub_title' => '', 'summary' => 'August 9: IME Life Insurance Company Limited and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers.', 'content' => '<p>August 9: IME Life Insurance Company Limited and Nepal Bangladesh Bank Limited have signed an agreement to provide bancassurance service to their customers.</p> <p>According to IME Life Insurance, its Acting General Manager Dinesh Amatya, and Assistant Chief Executive Officer of NB Bank, Surendra Bhushan Shrestha, signed the agreement on behalf of their respective organizations on August 8.</p> <p>As per the agreement, customers of the bank will receive all the facilities related to insurance service provided by IME Life Insurance from all branches of the bank.</p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8614', 'image' => '20180809015145_Picture.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '8834', 'article_category_id' => '1', 'title' => 'Hamro Bikas Bank joins connectIPS e-Payment System', 'sub_title' => '', 'summary' => 'August 9: Hamro Bikas Bank Ltd has been associated with the connectIPS e-Payment System from August 8.', 'content' => '<p>August 9: Hamro Bikas Bank Ltd has been associated with the connectIPS e-Payment System from August 8. With this, the customers of the bank will be able to enroll themselves in the system and initiate online payment transactions through connectIPS system.</p> <p>According to the bank, connectIPS is a standardized single payment platform in which the customers can enroll and link their bank account(s) with one time verification from their respective banks, after which they can use the payment services including fund transfer, online payments and bill payments. The bank said in a statement that all such transactions are processed directly from the bank accounts and does not require any intermediary.</p> <p>The service is now available for the customers from <a href="http://www.connectips.com/">www.connectips.com</a> for tax revenue payment to Government of Nepal. The bank said that it is in the process of extending the service for other payments. connectIPS e-Payment System has already been subscribed by 32 banks and financial institutions among which 20 are already in operation.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-09', 'modified' => '2018-08-09', 'keywords' => '', 'description' => '', 'sortorder' => '8613', 'image' => '20180809110856_Clipboard01.jpg', 'article_date' => '2018-08-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $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
