Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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			'id' => '7896',
			'article_category_id' => '1',
			'title' => 'Prices of Xiaomi Phones Slashed',
			'sub_title' => '',
			'summary' => 'April 9: Vatsal Impex, one of the authorized distributors of Xiaomi products for Nepal, has reviewed the price of its phones.',
			'content' => '<p>April 9: Vatsal Impex, one of the authorized distributors of Xiaomi products for Nepal, has reviewed the price of its phones. Xiaomi is globally known for providing premium products at affordable prices and Vatsal Impex is following the same principle, the company said in a statement.&nbsp;</p>

<p>&quot;As per the demand of the market and the love of the people towards the brand, the company has dropped the price of several phones to increase the number of smartphone users in Nepal and give them a premium feel,&quot; the statement says.</p>

<p>According to the company, the updated price of MI A1 (4GB+64GB) is Rs 24,499, MI A1 (4GB+32GB) is Rs 22,999, Redmi 4A (2GB+32GB) is Rs 12,999, Redmi 4A (2GB+16GB) is Rs 11,499, Redmi 5 plus (4GB+64GB) is Rs 22,999, Redmi &nbsp;5 plus (3GB+32GB) is Rs 19,999, Redmi 5 (3GB+32GB) is Rs 17,999, Redmi &nbsp;5 (2GB+16GB) is Rs 15,999, Redmi 5A (2GB+16GB) is Rs 11,999, Redmi 3S Prime (3GB+32GB) is Rs 15,499, Redmi Note 4 (4GB+64GB) is Rs 20,999, Redmi Note 4 (3GB+32GB) is Rs 18,999, Redmi 4X(3GB+32GB) is Rs 15,999, Redmi &nbsp;4X(2GB+16GB) is Rs 14,999, Redmi Note 5A Prime (3GB+32GB) is Rs 17,499, Redmi Note 5A(2GB+16GB) is Rs 13,999.</p>
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			'title' => 'Kumari Bank Organises Blood Donation Programme',
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			'summary' => 'April 9: Butwal branch of Kumari Bank organised a blood donation programme in coordination with branches of Bhairahawa, Drivertole and Shukrapath on the occasion of the 17th anniversary of the bank. ',
			'content' => '<p>April 9: Butwal branch of Kumari Bank organised a blood donation programme in coordination with branches of Bhairahawa, Drivertole and Shukrapath on the occasion of the 17<sup>th</sup> anniversary of the bank. Issuing a press statement on Sunday, April 8, the bank said that staff and customers of the bank donated blood. &ldquo;The bank will organise different programmes through its branches for a week under corporate social responsibility,&rdquo; the statement said. The bank has been providing banking service through 72 branches, two extension counters and 58 ATMs.&nbsp; &nbsp;</p>
',
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			'id' => '7894',
			'article_category_id' => '217',
			'title' => 'Universal Group',
			'sub_title' => '',
			'summary' => 'Late Noor Pratap Rana, the founder of Universal Group, is considered a pioneer in the Nepali footwear industry. Noor stepped into the footwear industry in the 1970s. In the early 80s, the group established a factory in Hetauda and started producing ‘Hathi’ brand slippers.',
			'content' => '<p style="text-align:justify"><img alt="" src="/userfiles/images/Clipboard04%284%29.jpg" style="float:right; height:293px; margin:5px; width:90px" />Late Noor Pratap Rana, the founder of Universal Group, is considered a pioneer in the Nepali footwear industry. Noor stepped into the footwear industry in the 1970s. In the early 80s, the group established a factory in Hetauda and started producing &lsquo;Hathi&rsquo; brand slippers. A catchphrase used to promote the brand &ldquo;Hathi Baliyo ki Hathi Chap Chappal&rdquo; became famous in the decades to come.&nbsp;</p>

<p style="text-align:justify">Rana is believed to have introduced the first pair of slippers manufactured in Nepal. Later, Noor founded the brand Goldstar in the nineties. Today, it has become Nepal&rsquo;s premium footwear brand known for its quality, durability and design and is produced in two factories in Kathmandu, Shankha Park and Balaju, and majorly exported to India. Today, the group produces Goldstar brand shoes under Kiran Shoes Manufacturer and Hathichhap brand sandals under Modern Slipper Industry. Both brands are exported to South Asian markets. In the year 2013, the government felicitated Kiran Shoes as the highest taxpayer in the export category.</p>

<p style="text-align:justify">Earlier, Noor started his business career trying his hands in the transport business in Bhairahawa. His breakthrough came when he started producing metal strings by importing Mica but it was his journey into the footwear industry that got him his major success. Afterwards, the group stepped into the dairy industry by establishing Integrated Dairy and Agro Products Pvt Ltd in 2004. The company is the producer of milk brand &lsquo;Anmol&rsquo;. The group is one of the major promoters of Kumari Bank, NMB Bank and Shikhar Insurance Co.</p>

<p style="text-align:center"><img alt="" src="/userfiles/images/Clipboard03%289%29.jpg" style="height:1502px; width:800px" /></p>

<div style="background: rgb(230, 230, 250); padding: 10px;">
<p><span style="font-size:16px"><strong>Financials</strong></span></p>

<ul>
	<li>Estimated annual turnover of&nbsp; Rs 15 billion</li>
</ul>

<p><span style="font-size:16px"><strong>Employment</strong></span></p>

<ul>
	<li>2,850 people</li>
</ul>

<p><span style="font-size:16px"><strong>Joint Venture</strong></span></p>

<ul>
	<li>Universal Elder Pharmaceutical Pvt Ltd is a JV with Elder Pharmaceuticals Ltd India</li>
</ul>

<p><span style="font-size:16px"><strong>Planned Investment</strong></span></p>

<ul>
	<li>Expand the verticals of footwear industry and go extensively on different variants with new designs. Planning to introduce new variants such as safety boots, utility, lifestyle and school shoes and shoes used by security forces.&nbsp;</li>
	<li>Opening a shoe factory in Bhairahawa</li>
</ul>

<p><span style="font-size:16px"><strong>Key Revenue Generator</strong></span><br />
Footwear companies especially Kiran Shoes Manufacturer</p>
</div>
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			'id' => '7893',
			'article_category_id' => '217',
			'title' => 'Vishal Group',
			'sub_title' => '',
			'summary' => 'It was during the 1940s that the seeds of Vishal Group, a business group owned by an Agrawal family, were sown with the establishment of a fabric shop in Dharan. The Agrawal family was led by Gordhandas Agrawal who traded cloths in Dharan, after having moved from Ilam. ',
			'content' => '<p style="text-align:justify"><img alt="" src="/userfiles/images/Clipboard80.jpg" style="float:right; height:494px; margin:5px; width:100px" />It was during the 1940s that the seeds of Vishal Group, a business group owned by an Agrawal family, were sown with the establishment of a fabric shop in Dharan. The Agrawal family was led by Gordhandas Agrawal who traded cloths in Dharan, after having moved from Ilam. The family continued its sole focus on trading for the next few decades, and primarily on textile imports from India. Later, they started importing textiles from China as well.&nbsp;</p>

<p style="text-align:justify">Their progression into international trade, apart from India and China, started gradually as a trader of a range of industrial inputs and international FMCG brands for Nepal. Today, the group imports industrial inputs such as raw materials, semi finished goods and machineries and FMCG products from companies such as Procter and Gamble (P&amp;G), DIAGEO, United Biscuits, Tabasco, Moet &amp; Hennessy, Mentholatum and Orion, which in total accounts to international companies spread across 40 countries and leveraging its wide distribution network for their distribution throughout the country. For this reason, the group considers their engagement in trading and brand representation as one of its key strengths.&nbsp;</p>

<p style="text-align:justify">As the trading business thrived, Vishal Group started diversifying into multiple sectors during the 1980s. In 1987, they established Kamala Iron Industry which was later converted into Kamala Rolling Pvt Ltd. At the same time, the group was also engaged in manufacturing batteries. In the 1990s, they established a toothpaste manufacturing factory. The group also has a steel factory under its wing namely Mainawati Steel.&nbsp;</p>

<p style="text-align:justify">The group took another step towards further diversification, entering the financial sector in the mid 1990s to consolidate its position as a leading business house of Nepal. Today, Vishal Group is a prominent name in the financial sector, with a strong presence in the banking and insurance sector. The group joined a pool of investors and established NIC Bank in 1997 as a lead promoter which later merged with Bank of Asia to become the current NIC Asia Bank. Post merger, NIC Asia became one of the largest banks of Nepal. The group is also a leading promoter of NMB Bank. It stepped into the insurance sector in the year 2000 promoting Life Insurance Corporation (LIC) Nepal Ltd and Prudential General Insurance Company. The group has also forayed into the education sector by promoting Delhi Public School based in Biratnagar and Kathmandu and as a partner at Ace Institute of Management. It also has its presence in the automobile industry representing Volkswagen (Germany), Suzuki Motorcycle India Pvt Ltd and Kobelco Construction Machinery.</p>

<p style="text-align:center"><img alt="" src="/userfiles/images/Clipboard78.jpg" style="height:376px; width:800px" /></p>

<p style="text-align:center"><img alt="" src="/userfiles/images/Clipboard72%282%29.jpg" style="height:1103px; width:800px" /></p>

<div style="background: rgb(230, 230, 250); padding: 10px;">
<p><span style="font-size:16px"><strong>Employment</strong></span></p>

<ul>
	<li>10,000 people</li>
</ul>

<p><span style="font-size:16px"><strong>Planned Investments</strong></span></p>

<ul>
	<li>Education sector in the area of management, medical and training institutes&nbsp;</li>
	<li>Hydropower projects</li>
</ul>

<p><span style="font-size:16px"><strong>Key Business</strong></span></p>

<ul>
	<li>Trading and brand representation</li>
	<li>Banking and insurance sector</li>
	<li>Iron and steel industry</li>
</ul>

<p><span style="font-size:16px"><strong>Joint Venture</strong></span></p>

<ul>
	<li>LIC (Nepal) Ltd is a JV between Life Insurance Corp of India and Vishal Group</li>
	<li>Care Rating Nepal is a JV between CARE Ratings Limited (India), an international credit rating institution, Vishal Group, Emerging Nepal Ltd, Nepal Reinsurance Company Limited, Global IME Bank Limited, Prudential Insurance Company Ltd and Life Insurance Corporation Nepal Ltd</li>
	<li>NMB Bank is a JV with FMO, a Netherlands-based development bank</li>
	<li>Kathmandu and Biratnagar based Delhi Public School are franchises of Delhi Public School Society of India</li>
</ul>
</div>
',
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		'Article' => array(
			'id' => '7892',
			'article_category_id' => '217',
			'title' => 'Vaidya Organization of Industries and Trading Houses (VOITH)',
			'sub_title' => '',
			'summary' => 'After completing his master’s degree in economics from Calcutta University in India, Vijaya Gajananda Vaidya returned to Nepal where he worked as a gazetted officer for the then Ministry of Foreign Affairs for two years and then switched to United States Agency for International Development (USAID) ',
			'content' => '<div class="content-wrapper" style="box-sizing: border-box; padding-left: 10px;">
<div class="highlight-column" style="box-sizing: border-box; width: 200px; padding: 5px; float: right; clear: left; margin-left: 5px; margin-top: 5px; margin-bottom: 5px; text-align: center; background: rgb(230, 230, 250);">
<p><span style="font-family:helvetica neue,helvetica,arial,sans-serif; font-size:14.84px"><img alt="Suraj Vaidya, Chairman,  Vaidya Organization of Industries and Trading Houses (VOITH)" src="/userfiles/images/Clipboard67%284%29.jpg" style="height:254px; width:190px" /></span><strong>Suraj Vaidya</strong><br />
Chairman&nbsp;<br />
Vaidya Organization of Industries and Trading Houses (VOITH)</p>
</div>
</div>

<p>After completing his master&rsquo;s degree in economics from Calcutta University in India, Vijaya Gajananda Vaidya returned to Nepal where he worked as a gazetted officer for the then Ministry of Foreign Affairs for two years and then switched to United States Agency for International Development (USAID) where he worked for around five years. He worked another year for a Washington-based research institute and that was the end of his career as an employee.&nbsp;</p>

<p>At the age of 29 with USD 700 in his pocket, Vaidya invested the amount in establishing United Traders Syndicate (UTS) that became the sole distributor of Toyota Motors in Nepal. Back then, UTS introduced the Toyota Corona Saloon in 1969 and Corolla in 1973. In the early 2000s, UTS introduced the Hiace brand of passenger vehicles in Nepal. With five decades in Nepal, the Toyota brand has won the hearts of Nepalis for its quality and durability and has solidified VOITH&rsquo;s reputation in the automobile industry. On the other hand, Agni Incorporated, another subsidiary company of VOITH, is the authorised distributor of Mahindra &amp; Mahindra vehicles in Nepal. The Indian automobile is gradually becoming a favourite four-wheeler brand in Nepal.&nbsp;</p>

<p>Apart from automobiles, VOITH has diversified into agro processing, tea, construction, feed production, insurance, animal husbandry and technical education. VOITH has had a robust presence in the tea industry since 1999 with subsidiary companies such as Guranse Tea Estate, Mai-Ilam Guranse Tea Industries and Nirvana Tea Processing and Packaging producing, storing, processing and exporting high quality Nepali orthodox tea.&nbsp; VOITH&rsquo;s portfolio also includes the insurance sector with Suraj Vaidya as one of the promoters of Lumbini General Insurance Company.</p>

<p style="text-align:center"><img alt="" src="/userfiles/images/Clipboard71%283%29.jpg" /></p>

<div style="background: rgb(230, 230, 250); padding: 10px;">
<p><span style="font-size:16px"><strong>Joint Venture</strong></span></p>

<ul>
	<li>Nepal Wellhope Agri-Tech Private Limited is a JV between VOITH and China&rsquo;s Liaoning Wellhope Agritech Company</li>
	<li>Serving Minds Private Limited is a joint venture between VOITH and the Mercantile Group&nbsp;</li>
</ul>

<p><span style="font-size:16px"><strong>Financials&nbsp;</strong></span></p>

<ul>
	<li>VOITH&rsquo;s estimated annual turnover is approximately Rs 20 billion.</li>
</ul>

<p><span style="font-size:16px"><strong>Key Business&nbsp;</strong></span></p>

<ul>
	<li>Agri based businesses such&nbsp;as tea</li>
	<li>Trading of&nbsp;four-wheelers</li>
</ul>

<p><span style="font-size:16px"><strong>Planned Investments</strong></span></p>

<ul>
	<li>Tourism (Resort)</li>
	<li>IT</li>
	<li>Alternative Energy</li>
	<li>Automobile parts</li>
	<li>Education</li>
	<li>Electric Bicycle Assembly Plant</li>
</ul>
</div>
',
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			'id' => '7891',
			'article_category_id' => '1',
			'title' => 'India to extend railway up to Kathmandu',
			'sub_title' => '',
			'summary' => 'April 8: At a time when China is preparing to extend railway service to Nepal, southern neighbor India has announced to construct a railway line to connect Raxual with Kathmandu.',
			'content' => '<p>April 8: At a time when China is preparing to extend railway service to Nepal, southern neighbor India has announced to construct a railway line to connect Raxual with Kathmandu.</p>

<p>The announcement was made during Nepali Prime Minister KP Sharma Oli&#39;s state visit to India.</p>

<p>PM Oli along with his Indian counterpart Narendra Modi on Saturday, April 7, made three crucial bilateral agreements at Hydrabad House in New Delhi which includes the construction of the Raxual-Kathmandu railway line.</p>

<p>The Indian PM also agreed to support Nepal for its access to sea through waterways for conducting trade with third countries.&nbsp;</p>

<p>Similarly, the two countries have also agreed to work jointly for agriculture development projects.</p>

<p>Both the nations aiming for overall economic, social, political and cultural betterment issued a 12-point joint statement on Saturday.&nbsp;</p>

<p>The statement denotes that PM from both the neighboring countries have agreed for enhancing friendly relations and overall betterment of the nation and its citizens.</p>

<p>Similarly, Modi and Oli jointly launched the Integrated Customs Point of Birgunj and the Motihari-Amlekhgunj petroleum pipeline from New Delhi.</p>

<p>PM Oli who landed in New Delhi on Friday is scheduled to arrive back in Kathmandu on Sunday.</p>

<p>&nbsp;</p>
',
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			'created' => '2018-04-08',
			'modified' => '2018-04-08',
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		'Article' => array(
			'id' => '7890',
			'article_category_id' => '1',
			'title' => 'ICP Inaugurated',
			'sub_title' => '',
			'summary' => 'April 8: Prime Minister K P Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Integrated Customs Point (ICP) of Birgunj remotely from New Delhi-based Hyderabad House on Saturday, April 7. ',
			'content' => '<p>April 8: Prime Minister K P Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Integrated Customs Point (ICP) of Birgunj remotely from New Delhi-based Hyderabad House on Saturday, April 7. &nbsp;The ICP was set up with the Indian assistance to facilitate import and export of goods between the two countries.</p>

<p>After the inauguration, PM Oli pointed out to the need of such ICPs as well as road, rail and water networks between the two countries for the promotion of bilateral trade.</p>

<p>&quot;We have discussed about opening four ICPs,&quot; said Oli during a press meet held after the inauguration during his three-day state visit to India. The other three ICPs at Biratnagar, Bhairahawa and Nepalgunj are currently under construction.</p>

<p>During the occasion, PM Oli said that although Nepal and India are geographically close, there are lots of hurdles in trade due to poor infrastructure.</p>

<p>&quot;Discussions were held with Indian Prime Minister Narendra Modi about opening new roadways, railways and waterways,&quot; added Oli.</p>
',
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		'Article' => array(
			'id' => '7889',
			'article_category_id' => '1',
			'title' => 'Huawei to Launch Two New Smartphones',
			'sub_title' => '',
			'summary' => 'April 8: Huawei has announced to launch two new smartphones – Y9 2018 and Y7 Pro 2018 – in the Nepali market. ',
			'content' => '<p>April 8: Huawei&nbsp;has announced to launch two new smartphones &ndash; Y9 2018 and Y7 Pro 2018 &ndash; in the Nepali market. The company made such announcement amid a function organised in the capital on Sunday, April 8.</p>

<p>According to the company, both the smartphones are available at very reasonable rates. &ldquo;Y9 2018 is an intelligent camera phone, which has facial recognition system and an EMUI 8.0 operating system with 3 GB and 32 GB ROM,&rdquo; a statement issued by the company reads.</p>

<p>Similarly, Y9 2018 has dual rear cameras of 13 MP and 2 MP, and the front cameras of 16 MP and 2 MP. Y9 also has large screen, 4000 mAh battery, triple slot dual SIM feature, and 32 GB internal memory expandable up to 256 GB.</p>

<p>Likewise, Huawei Y7 Pro 2018 has a front camera of 8 MP with selfie toning flash, and dual main camera of 13 MP and 2 MP. Similarly, it has a battery of 3000 mAh, and Android TM 8.0 EMUI 8.0 operating system. Both the smartphones are available in only three colors &ndash; black, gold and blue.</p>

<p>Huawei Y9 2018 is available at Rs 25,900, while Huawei Y7 Pro 2018 costs Rs 20,900.</p>

<p>&nbsp;</p>
',
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		'Article' => array(
			'id' => '7887',
			'article_category_id' => '1',
			'title' => 'Tea Tasting in Everest Region',
			'sub_title' => '',
			'summary' => 'April 8: The National Tea and Coffee Development Board is organising the Third International Tea Festival.',
			'content' => '<p>April 8: The National Tea and Coffee Development Board is organising the Third International Tea Festival.</p>

<p>As part of the three-day festival, the board organised a tea tasting event at Syamgboche in the Everest region on Saturday, April 7, in order to promote Nepali tea in the international market.</p>

<p>Nineteen tea promoters of 13 different countries took part in the tea tasting event, according to Gaurab Luitel, planning officer of the board.</p>

<p>Sharyn Johnston of Australia, who has visited Nepal many times, cherished the tea tasting experience in Everest as a memorable moment of her life. Nepali orthodox tea were also displayed during the event.</p>

<p>President of the board, Deepak Khanal, said that a logo of Nepali tea was launched from the Everest region.</p>

<p>Minister for Agriculture, Land management and Cooperatives Chakrapani Khanal inaugurated the event.&nbsp;</p>

<p>&quot;The ministry will play a role of mediator to take Nepali tea to the international market,&quot; said Minister Khanal during the inauguration ceremony.</p>

<p>&quot;The government will leave no stone unturned for the development of agriculture sector as more than half of the population of Nepal is dependent on agriculture,&quot; said Minister Khanal.&nbsp;</p>

<p>The minister also made a commitment to bring new strategies to promote Nepali products in the international market.&nbsp;</p>

<p>National and international experts presented their papers regarding the promotion of Nepali tea during the event.</p>

<p>According to the National Tea and Coffee Development Board, around 24 million kg of tea is being produced in Nepal annually, of which 5.5 million kg is orthodox tea.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7669',
			'image' => '20180408023050_IMG_2357.jpg',
			'article_date' => '2018-04-08 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '7888',
			'article_category_id' => '1',
			'title' => 'Turkey to import Nepali Yarn again',
			'sub_title' => '',
			'summary' => 'April 8: Nepal is all set to resume export of yarn made of raw thread and polyester fiber to Turkey. ',
			'content' => '<p>April 8: Nepal is all set to resume export of yarn made of raw thread and polyester fiber to Turkey. Yarn producers of Nepal are excite to export their threads to the middle-east nation after the government of Turkey renewed its commitment to give continuity to the duty-free access to the Nepali yarn industries under its General System of Preference (GSP).</p>

<p>Turkey had been providing duty-free access to the Nepali yarn producers in the past considering Nepal as an under-developed country. However, the Turkish government stopped providing the facility to Nepali producers in 2018 under suspicion that they were exporting threads made in third countries.</p>

<p>After Turkey removed the duty-free access, the Ministry of Commerce had conducted investigations to find out whether the yarn exported to Turkey were genuinely made in Nepal or not. Commerce Secretary Chandra Prasad Ghimire informed that the Turkey&#39;s commerce ministry had also supported the investigation.</p>

<p>Members of the investigation team had inspected four spinning mills during their field visit.</p>

<p>According to Joint-Secretary at the ministry, Rabi Kisan Sainju, the investigation found that the Nepali producer imported raw materials from abroad but processed the yarn within the country. The final products were then exported to Turkey, added Sainju.</p>

<p>A team of Nepali producers led by Sainju is currently in Turkey to report the findings of the investigation. The team has submitted the details of the investigation to the director general of the Turkish department of import and the Turkish government is reportedly positive about the investigation report. &nbsp;</p>

<p>After receiving the report, the Turkish officials have made a commitment to lift the sanction.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp; &nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7668',
			'image' => null,
			'article_date' => '2018-04-08 00:00:00',
			'homepage' => false,
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			'main_news' => true,
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	(int) 10 => array(
		'Article' => array(
			'id' => '7886',
			'article_category_id' => '1',
			'title' => '10th Enfield Rendezvous and Poker Run Starts on April 13',
			'sub_title' => '',
			'summary' => 'April 8: The 10th Annual Enfield Rendezvous and Poker Run will kick off on April 13. ',
			'content' => '<p>April 8: The 10th Annual Enfield Rendezvous and Poker Run will kick off on April 13. Organized every year by Sacred Summit, an adventure company, the 10th edition of Royal Enfield Poker Run will start from Kathmandu and will conclude in Pokhara on April 15. More than 300 bikers will be taking part in the poker run. Different programmes will be organized on the occasion of Nepali New Year after reaching Pokhara and winners will also be awarded, the organisers informed during a recent press conference.</p>

<p>Beside Nepal and India, riders from Bhutan, German, USA, Denmark, Switzerland, Australia, France and the Chez Republic will be participating in the ride.</p>

<p>Poker run is a fun and adventures race. The race is organized around the globe.</p>

<p>Interested people can pay Rs 11,999 to participate in the event. &nbsp;&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7667',
			'image' => '20180408020336_poker-run-700x366.jpg',
			'article_date' => '2018-04-08 00:00:00',
			'homepage' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '7885',
			'article_category_id' => '1',
			'title' => 'Royal Challenge Whisky now in Nepali Market',
			'sub_title' => '',
			'summary' => 'April 8: Nepal Liquors Pvt Ltd has formally launched the Royal Challenge Whisky in the Nepali market.',
			'content' => '<p>April 8: Nepal Liquors Pvt Ltd has formally launched the Royal Challenge Whisky in the Nepali market. According to the company, the Royal Challenge Whisky is a grain-based whisky matured in American casks.</p>

<p>&ldquo;Apart from the deep and intensely smooth blend of scotch and premium Indian grains in Royal Challenge whisky, American charred oak casks are used for ageing, during which it gains color and flavor from the caramelized sugars in the charred wood and infuses the whiskey with a unique taste,&rdquo; said Rajesh Prakash, general manager for sales and marketing at Nepal Liquors Pvt Ltd.</p>

<p>Issuing a press statement, the company said that the brand has the Royal Challenge emblem of the lion and roundel and comes in a new packaging of black and red clutter, making the looks more distinctive, premium, masculine and bold.</p>

<p>The launching price of the Royal Challenge Whiskey is Rs 1360 for 750 ml, Rs 680 for 375 ml, Rs 340 for 180 ml packs.</p>

<p>Nepal Liquors Pvt Ltd (formerly known as United Spirits Nepal Pvt Ltd) is a company recently acquired by a Nepali entrepreneur, Rajesh Bir Singh Tuladhar, from United Spirits Limited of India and has the license as a franchisee to bottle and market popular brands of the Indian company.</p>

<p>Nepal Liquors Pvt Ltd said it has various leading brands under its umbrella like the Antiquity Blue Whisky, Signature Premier Whisky, Signature Rare Whisky, McDowell&#39;s No1 Whisky, McDowell&#39;s No1 Celebration Rum, and Blue Ribband Gin.</p>

<p>&nbsp;</p>
',
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			'created' => '2018-04-08',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '7666',
			'image' => '20180408014326_vlcsnap-2018-04-06-21h22m01s27.jpg',
			'article_date' => '2018-04-08 00:00:00',
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	(int) 12 => array(
		'Article' => array(
			'id' => '7884',
			'article_category_id' => '1',
			'title' => 'Kumari Bank’s Health Camp',
			'sub_title' => '',
			'summary' => 'April 8: Kumari Bank Limited organized 'Health Camp' at its Putalisadak office in collaboration with Norvic International Hospital on the occasion of the bank's 17th anniversary on April 6.',
			'content' => '<p>April 8: Kumari Bank Limited organized &#39;Health Camp&#39; at its Putalisadak office in collaboration with Norvic International Hospital on the occasion of the bank&#39;s 17<sup>th</sup> anniversary on April 6. The hospital provided 30 percent discount in medical checkup for the health camp. The bank said it witnessed encouraging participation from employees, shareholders and customers. As per the press statement issued by the bank, it will be carrying out various activities through its branches under its corporate social responsibility to mark the anniversary week.</p>

<p>Kumari Bank was established as the 15<sup>th</sup> commercial bank of Nepal and started its operation 17 years ago. Currently, Kumari Bank claimed that it has become the first bank to use the latest version of Finacle (Core Banking Software) and was the first to introduce internet banking service in Nepal. The bank has been providing various banking services through 72 branches, two extension counters and 58 ATMs.</p>
',
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			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7665',
			'image' => '20180408011934_Clipboard01.jpg',
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	(int) 13 => array(
		'Article' => array(
			'id' => '7883',
			'article_category_id' => '1',
			'title' => 'Only 113 Public Vehicles Registered',
			'sub_title' => '',
			'summary' => 'April 6: The end of syndicate system in transport sector will be beneficial not only for the public but also for the government. ',
			'content' => '<p>April 6: The end of syndicate system in transport sector will be beneficial not only for the public but also for the government. The government can collect huge amount of revenue if it becomes able to bring more than 200,000 public vehicles under company. According to the statistics of the Department of Transport Management (DoTM), only 113 registered public vehicles are paying tax. However, the number of public vehicles in the country is more than 200,000. The government is losing millions of rupees annually for not registering the vehicles under Companies Act, 2063.&nbsp;</p>

<p>The existing system of obtaining route permit on the recommendation of transport committees has made it easy for transport entrepreneurs to evade tax.&nbsp;</p>

<p>Since company registration for public vehicles is not compulsory, and the government authorities neglect tax collection, the state coffers has been losing a lot of revenue.</p>

<p>&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-06',
			'modified' => '2018-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7664',
			'image' => null,
			'article_date' => '2018-04-06 00:00:00',
			'homepage' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '7882',
			'article_category_id' => '99',
			'title' => 'Government aims at drawing in 1.5m tourists each year',
			'sub_title' => '',
			'summary' => 'April 6: The government has decided to develop new websites, which will be in Hindi and Chinese languages, with an aim to draw in 1.5 million tourists every year by the end of 2020.',
			'content' => '<p>April 6: The government has decided to develop new websites, which will be in Hindi and Chinese languages, with an aim to draw in 1.5 million tourists every year by the end of 2020.</p>

<p>The government is developing the websites keeping in mind that the country has immense opportunities to attract Indian and Chinese tourists. The government data also show that majority of tourists coming to Nepal are from the southern and northern neighbours.</p>

<p>According to Rabindra Adhiraki, minister for culture, tourism, and civil aviation, the government is developing the websites to attract additional tourists from both the neighboring countries.</p>

<p>&ldquo;Apart from developing the websites, the government will also organize different cultural events, among others to promote tourism in the country,&rdquo; he said.</p>

<p>In the last five years, a total of 670,000 Indian tourists and 512,631 Chinese tourists have visited Nepal. Meanwhile, the Indian tourists coming to Nepal via roadway is not included in the data.</p>

<p>It is estimated that a total of 200 million Chinese and 50 million Indian will visit foreign countries as tourists in 2020. Minsiter Adhikari says that the tourism sector of the country will drastically improve if Nepal succeeds to attract one percent of those tourists.</p>

<p>However, the tourism entrepreneurs have been asking the government to increase investment in the tourism sector. According to Binayak Shah, a tourism entrepreneur, who is also the general secretary of Hotel Association of Nepal (HAN), the government should seriously work to develop the tourism sector.&nbsp;&nbsp;</p>

<p>&nbsp;</p>
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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View::_render() - CORE/Cake/View/View.php, line 933
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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
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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		'Article' => array(
			'id' => '7896',
			'article_category_id' => '1',
			'title' => 'Prices of Xiaomi Phones Slashed',
			'sub_title' => '',
			'summary' => 'April 9: Vatsal Impex, one of the authorized distributors of Xiaomi products for Nepal, has reviewed the price of its phones.',
			'content' => '<p>April 9: Vatsal Impex, one of the authorized distributors of Xiaomi products for Nepal, has reviewed the price of its phones. Xiaomi is globally known for providing premium products at affordable prices and Vatsal Impex is following the same principle, the company said in a statement.&nbsp;</p>

<p>&quot;As per the demand of the market and the love of the people towards the brand, the company has dropped the price of several phones to increase the number of smartphone users in Nepal and give them a premium feel,&quot; the statement says.</p>

<p>According to the company, the updated price of MI A1 (4GB+64GB) is Rs 24,499, MI A1 (4GB+32GB) is Rs 22,999, Redmi 4A (2GB+32GB) is Rs 12,999, Redmi 4A (2GB+16GB) is Rs 11,499, Redmi 5 plus (4GB+64GB) is Rs 22,999, Redmi &nbsp;5 plus (3GB+32GB) is Rs 19,999, Redmi 5 (3GB+32GB) is Rs 17,999, Redmi &nbsp;5 (2GB+16GB) is Rs 15,999, Redmi 5A (2GB+16GB) is Rs 11,999, Redmi 3S Prime (3GB+32GB) is Rs 15,499, Redmi Note 4 (4GB+64GB) is Rs 20,999, Redmi Note 4 (3GB+32GB) is Rs 18,999, Redmi 4X(3GB+32GB) is Rs 15,999, Redmi &nbsp;4X(2GB+16GB) is Rs 14,999, Redmi Note 5A Prime (3GB+32GB) is Rs 17,499, Redmi Note 5A(2GB+16GB) is Rs 13,999.</p>
',
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			'sortorder' => '7677',
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			'id' => '7895',
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			'title' => 'Kumari Bank Organises Blood Donation Programme',
			'sub_title' => '',
			'summary' => 'April 9: Butwal branch of Kumari Bank organised a blood donation programme in coordination with branches of Bhairahawa, Drivertole and Shukrapath on the occasion of the 17th anniversary of the bank. ',
			'content' => '<p>April 9: Butwal branch of Kumari Bank organised a blood donation programme in coordination with branches of Bhairahawa, Drivertole and Shukrapath on the occasion of the 17<sup>th</sup> anniversary of the bank. Issuing a press statement on Sunday, April 8, the bank said that staff and customers of the bank donated blood. &ldquo;The bank will organise different programmes through its branches for a week under corporate social responsibility,&rdquo; the statement said. The bank has been providing banking service through 72 branches, two extension counters and 58 ATMs.&nbsp; &nbsp;</p>
',
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			'sortorder' => '7676',
			'image' => '20180409022854_kumariddddd.jpg',
			'article_date' => '2018-04-09 00:00:00',
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			'id' => '7894',
			'article_category_id' => '217',
			'title' => 'Universal Group',
			'sub_title' => '',
			'summary' => 'Late Noor Pratap Rana, the founder of Universal Group, is considered a pioneer in the Nepali footwear industry. Noor stepped into the footwear industry in the 1970s. In the early 80s, the group established a factory in Hetauda and started producing ‘Hathi’ brand slippers.',
			'content' => '<p style="text-align:justify"><img alt="" src="/userfiles/images/Clipboard04%284%29.jpg" style="float:right; height:293px; margin:5px; width:90px" />Late Noor Pratap Rana, the founder of Universal Group, is considered a pioneer in the Nepali footwear industry. Noor stepped into the footwear industry in the 1970s. In the early 80s, the group established a factory in Hetauda and started producing &lsquo;Hathi&rsquo; brand slippers. A catchphrase used to promote the brand &ldquo;Hathi Baliyo ki Hathi Chap Chappal&rdquo; became famous in the decades to come.&nbsp;</p>

<p style="text-align:justify">Rana is believed to have introduced the first pair of slippers manufactured in Nepal. Later, Noor founded the brand Goldstar in the nineties. Today, it has become Nepal&rsquo;s premium footwear brand known for its quality, durability and design and is produced in two factories in Kathmandu, Shankha Park and Balaju, and majorly exported to India. Today, the group produces Goldstar brand shoes under Kiran Shoes Manufacturer and Hathichhap brand sandals under Modern Slipper Industry. Both brands are exported to South Asian markets. In the year 2013, the government felicitated Kiran Shoes as the highest taxpayer in the export category.</p>

<p style="text-align:justify">Earlier, Noor started his business career trying his hands in the transport business in Bhairahawa. His breakthrough came when he started producing metal strings by importing Mica but it was his journey into the footwear industry that got him his major success. Afterwards, the group stepped into the dairy industry by establishing Integrated Dairy and Agro Products Pvt Ltd in 2004. The company is the producer of milk brand &lsquo;Anmol&rsquo;. The group is one of the major promoters of Kumari Bank, NMB Bank and Shikhar Insurance Co.</p>

<p style="text-align:center"><img alt="" src="/userfiles/images/Clipboard03%289%29.jpg" style="height:1502px; width:800px" /></p>

<div style="background: rgb(230, 230, 250); padding: 10px;">
<p><span style="font-size:16px"><strong>Financials</strong></span></p>

<ul>
	<li>Estimated annual turnover of&nbsp; Rs 15 billion</li>
</ul>

<p><span style="font-size:16px"><strong>Employment</strong></span></p>

<ul>
	<li>2,850 people</li>
</ul>

<p><span style="font-size:16px"><strong>Joint Venture</strong></span></p>

<ul>
	<li>Universal Elder Pharmaceutical Pvt Ltd is a JV with Elder Pharmaceuticals Ltd India</li>
</ul>

<p><span style="font-size:16px"><strong>Planned Investment</strong></span></p>

<ul>
	<li>Expand the verticals of footwear industry and go extensively on different variants with new designs. Planning to introduce new variants such as safety boots, utility, lifestyle and school shoes and shoes used by security forces.&nbsp;</li>
	<li>Opening a shoe factory in Bhairahawa</li>
</ul>

<p><span style="font-size:16px"><strong>Key Revenue Generator</strong></span><br />
Footwear companies especially Kiran Shoes Manufacturer</p>
</div>
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			'title' => 'Vishal Group',
			'sub_title' => '',
			'summary' => 'It was during the 1940s that the seeds of Vishal Group, a business group owned by an Agrawal family, were sown with the establishment of a fabric shop in Dharan. The Agrawal family was led by Gordhandas Agrawal who traded cloths in Dharan, after having moved from Ilam. ',
			'content' => '<p style="text-align:justify"><img alt="" src="/userfiles/images/Clipboard80.jpg" style="float:right; height:494px; margin:5px; width:100px" />It was during the 1940s that the seeds of Vishal Group, a business group owned by an Agrawal family, were sown with the establishment of a fabric shop in Dharan. The Agrawal family was led by Gordhandas Agrawal who traded cloths in Dharan, after having moved from Ilam. The family continued its sole focus on trading for the next few decades, and primarily on textile imports from India. Later, they started importing textiles from China as well.&nbsp;</p>

<p style="text-align:justify">Their progression into international trade, apart from India and China, started gradually as a trader of a range of industrial inputs and international FMCG brands for Nepal. Today, the group imports industrial inputs such as raw materials, semi finished goods and machineries and FMCG products from companies such as Procter and Gamble (P&amp;G), DIAGEO, United Biscuits, Tabasco, Moet &amp; Hennessy, Mentholatum and Orion, which in total accounts to international companies spread across 40 countries and leveraging its wide distribution network for their distribution throughout the country. For this reason, the group considers their engagement in trading and brand representation as one of its key strengths.&nbsp;</p>

<p style="text-align:justify">As the trading business thrived, Vishal Group started diversifying into multiple sectors during the 1980s. In 1987, they established Kamala Iron Industry which was later converted into Kamala Rolling Pvt Ltd. At the same time, the group was also engaged in manufacturing batteries. In the 1990s, they established a toothpaste manufacturing factory. The group also has a steel factory under its wing namely Mainawati Steel.&nbsp;</p>

<p style="text-align:justify">The group took another step towards further diversification, entering the financial sector in the mid 1990s to consolidate its position as a leading business house of Nepal. Today, Vishal Group is a prominent name in the financial sector, with a strong presence in the banking and insurance sector. The group joined a pool of investors and established NIC Bank in 1997 as a lead promoter which later merged with Bank of Asia to become the current NIC Asia Bank. Post merger, NIC Asia became one of the largest banks of Nepal. The group is also a leading promoter of NMB Bank. It stepped into the insurance sector in the year 2000 promoting Life Insurance Corporation (LIC) Nepal Ltd and Prudential General Insurance Company. The group has also forayed into the education sector by promoting Delhi Public School based in Biratnagar and Kathmandu and as a partner at Ace Institute of Management. It also has its presence in the automobile industry representing Volkswagen (Germany), Suzuki Motorcycle India Pvt Ltd and Kobelco Construction Machinery.</p>

<p style="text-align:center"><img alt="" src="/userfiles/images/Clipboard78.jpg" style="height:376px; width:800px" /></p>

<p style="text-align:center"><img alt="" src="/userfiles/images/Clipboard72%282%29.jpg" style="height:1103px; width:800px" /></p>

<div style="background: rgb(230, 230, 250); padding: 10px;">
<p><span style="font-size:16px"><strong>Employment</strong></span></p>

<ul>
	<li>10,000 people</li>
</ul>

<p><span style="font-size:16px"><strong>Planned Investments</strong></span></p>

<ul>
	<li>Education sector in the area of management, medical and training institutes&nbsp;</li>
	<li>Hydropower projects</li>
</ul>

<p><span style="font-size:16px"><strong>Key Business</strong></span></p>

<ul>
	<li>Trading and brand representation</li>
	<li>Banking and insurance sector</li>
	<li>Iron and steel industry</li>
</ul>

<p><span style="font-size:16px"><strong>Joint Venture</strong></span></p>

<ul>
	<li>LIC (Nepal) Ltd is a JV between Life Insurance Corp of India and Vishal Group</li>
	<li>Care Rating Nepal is a JV between CARE Ratings Limited (India), an international credit rating institution, Vishal Group, Emerging Nepal Ltd, Nepal Reinsurance Company Limited, Global IME Bank Limited, Prudential Insurance Company Ltd and Life Insurance Corporation Nepal Ltd</li>
	<li>NMB Bank is a JV with FMO, a Netherlands-based development bank</li>
	<li>Kathmandu and Biratnagar based Delhi Public School are franchises of Delhi Public School Society of India</li>
</ul>
</div>
',
			'published' => true,
			'created' => '2018-04-09',
			'modified' => '2018-04-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7674',
			'image' => '20180409102851_Clipboard77.jpg',
			'article_date' => '2018-04-01 00:00:00',
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	(int) 4 => array(
		'Article' => array(
			'id' => '7892',
			'article_category_id' => '217',
			'title' => 'Vaidya Organization of Industries and Trading Houses (VOITH)',
			'sub_title' => '',
			'summary' => 'After completing his master’s degree in economics from Calcutta University in India, Vijaya Gajananda Vaidya returned to Nepal where he worked as a gazetted officer for the then Ministry of Foreign Affairs for two years and then switched to United States Agency for International Development (USAID) ',
			'content' => '<div class="content-wrapper" style="box-sizing: border-box; padding-left: 10px;">
<div class="highlight-column" style="box-sizing: border-box; width: 200px; padding: 5px; float: right; clear: left; margin-left: 5px; margin-top: 5px; margin-bottom: 5px; text-align: center; background: rgb(230, 230, 250);">
<p><span style="font-family:helvetica neue,helvetica,arial,sans-serif; font-size:14.84px"><img alt="Suraj Vaidya, Chairman,  Vaidya Organization of Industries and Trading Houses (VOITH)" src="/userfiles/images/Clipboard67%284%29.jpg" style="height:254px; width:190px" /></span><strong>Suraj Vaidya</strong><br />
Chairman&nbsp;<br />
Vaidya Organization of Industries and Trading Houses (VOITH)</p>
</div>
</div>

<p>After completing his master&rsquo;s degree in economics from Calcutta University in India, Vijaya Gajananda Vaidya returned to Nepal where he worked as a gazetted officer for the then Ministry of Foreign Affairs for two years and then switched to United States Agency for International Development (USAID) where he worked for around five years. He worked another year for a Washington-based research institute and that was the end of his career as an employee.&nbsp;</p>

<p>At the age of 29 with USD 700 in his pocket, Vaidya invested the amount in establishing United Traders Syndicate (UTS) that became the sole distributor of Toyota Motors in Nepal. Back then, UTS introduced the Toyota Corona Saloon in 1969 and Corolla in 1973. In the early 2000s, UTS introduced the Hiace brand of passenger vehicles in Nepal. With five decades in Nepal, the Toyota brand has won the hearts of Nepalis for its quality and durability and has solidified VOITH&rsquo;s reputation in the automobile industry. On the other hand, Agni Incorporated, another subsidiary company of VOITH, is the authorised distributor of Mahindra &amp; Mahindra vehicles in Nepal. The Indian automobile is gradually becoming a favourite four-wheeler brand in Nepal.&nbsp;</p>

<p>Apart from automobiles, VOITH has diversified into agro processing, tea, construction, feed production, insurance, animal husbandry and technical education. VOITH has had a robust presence in the tea industry since 1999 with subsidiary companies such as Guranse Tea Estate, Mai-Ilam Guranse Tea Industries and Nirvana Tea Processing and Packaging producing, storing, processing and exporting high quality Nepali orthodox tea.&nbsp; VOITH&rsquo;s portfolio also includes the insurance sector with Suraj Vaidya as one of the promoters of Lumbini General Insurance Company.</p>

<p style="text-align:center"><img alt="" src="/userfiles/images/Clipboard71%283%29.jpg" /></p>

<div style="background: rgb(230, 230, 250); padding: 10px;">
<p><span style="font-size:16px"><strong>Joint Venture</strong></span></p>

<ul>
	<li>Nepal Wellhope Agri-Tech Private Limited is a JV between VOITH and China&rsquo;s Liaoning Wellhope Agritech Company</li>
	<li>Serving Minds Private Limited is a joint venture between VOITH and the Mercantile Group&nbsp;</li>
</ul>

<p><span style="font-size:16px"><strong>Financials&nbsp;</strong></span></p>

<ul>
	<li>VOITH&rsquo;s estimated annual turnover is approximately Rs 20 billion.</li>
</ul>

<p><span style="font-size:16px"><strong>Key Business&nbsp;</strong></span></p>

<ul>
	<li>Agri based businesses such&nbsp;as tea</li>
	<li>Trading of&nbsp;four-wheelers</li>
</ul>

<p><span style="font-size:16px"><strong>Planned Investments</strong></span></p>

<ul>
	<li>Tourism (Resort)</li>
	<li>IT</li>
	<li>Alternative Energy</li>
	<li>Automobile parts</li>
	<li>Education</li>
	<li>Electric Bicycle Assembly Plant</li>
</ul>
</div>
',
			'published' => true,
			'created' => '2018-04-09',
			'modified' => '2018-04-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7673',
			'image' => '20180409102505_Clipboard70.jpg',
			'article_date' => '2018-04-01 00:00:00',
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	(int) 5 => array(
		'Article' => array(
			'id' => '7891',
			'article_category_id' => '1',
			'title' => 'India to extend railway up to Kathmandu',
			'sub_title' => '',
			'summary' => 'April 8: At a time when China is preparing to extend railway service to Nepal, southern neighbor India has announced to construct a railway line to connect Raxual with Kathmandu.',
			'content' => '<p>April 8: At a time when China is preparing to extend railway service to Nepal, southern neighbor India has announced to construct a railway line to connect Raxual with Kathmandu.</p>

<p>The announcement was made during Nepali Prime Minister KP Sharma Oli&#39;s state visit to India.</p>

<p>PM Oli along with his Indian counterpart Narendra Modi on Saturday, April 7, made three crucial bilateral agreements at Hydrabad House in New Delhi which includes the construction of the Raxual-Kathmandu railway line.</p>

<p>The Indian PM also agreed to support Nepal for its access to sea through waterways for conducting trade with third countries.&nbsp;</p>

<p>Similarly, the two countries have also agreed to work jointly for agriculture development projects.</p>

<p>Both the nations aiming for overall economic, social, political and cultural betterment issued a 12-point joint statement on Saturday.&nbsp;</p>

<p>The statement denotes that PM from both the neighboring countries have agreed for enhancing friendly relations and overall betterment of the nation and its citizens.</p>

<p>Similarly, Modi and Oli jointly launched the Integrated Customs Point of Birgunj and the Motihari-Amlekhgunj petroleum pipeline from New Delhi.</p>

<p>PM Oli who landed in New Delhi on Friday is scheduled to arrive back in Kathmandu on Sunday.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7672',
			'image' => null,
			'article_date' => '2018-04-08 00:00:00',
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	(int) 6 => array(
		'Article' => array(
			'id' => '7890',
			'article_category_id' => '1',
			'title' => 'ICP Inaugurated',
			'sub_title' => '',
			'summary' => 'April 8: Prime Minister K P Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Integrated Customs Point (ICP) of Birgunj remotely from New Delhi-based Hyderabad House on Saturday, April 7. ',
			'content' => '<p>April 8: Prime Minister K P Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Integrated Customs Point (ICP) of Birgunj remotely from New Delhi-based Hyderabad House on Saturday, April 7. &nbsp;The ICP was set up with the Indian assistance to facilitate import and export of goods between the two countries.</p>

<p>After the inauguration, PM Oli pointed out to the need of such ICPs as well as road, rail and water networks between the two countries for the promotion of bilateral trade.</p>

<p>&quot;We have discussed about opening four ICPs,&quot; said Oli during a press meet held after the inauguration during his three-day state visit to India. The other three ICPs at Biratnagar, Bhairahawa and Nepalgunj are currently under construction.</p>

<p>During the occasion, PM Oli said that although Nepal and India are geographically close, there are lots of hurdles in trade due to poor infrastructure.</p>

<p>&quot;Discussions were held with Indian Prime Minister Narendra Modi about opening new roadways, railways and waterways,&quot; added Oli.</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7671',
			'image' => null,
			'article_date' => '2018-04-08 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 7 => array(
		'Article' => array(
			'id' => '7889',
			'article_category_id' => '1',
			'title' => 'Huawei to Launch Two New Smartphones',
			'sub_title' => '',
			'summary' => 'April 8: Huawei has announced to launch two new smartphones – Y9 2018 and Y7 Pro 2018 – in the Nepali market. ',
			'content' => '<p>April 8: Huawei&nbsp;has announced to launch two new smartphones &ndash; Y9 2018 and Y7 Pro 2018 &ndash; in the Nepali market. The company made such announcement amid a function organised in the capital on Sunday, April 8.</p>

<p>According to the company, both the smartphones are available at very reasonable rates. &ldquo;Y9 2018 is an intelligent camera phone, which has facial recognition system and an EMUI 8.0 operating system with 3 GB and 32 GB ROM,&rdquo; a statement issued by the company reads.</p>

<p>Similarly, Y9 2018 has dual rear cameras of 13 MP and 2 MP, and the front cameras of 16 MP and 2 MP. Y9 also has large screen, 4000 mAh battery, triple slot dual SIM feature, and 32 GB internal memory expandable up to 256 GB.</p>

<p>Likewise, Huawei Y7 Pro 2018 has a front camera of 8 MP with selfie toning flash, and dual main camera of 13 MP and 2 MP. Similarly, it has a battery of 3000 mAh, and Android TM 8.0 EMUI 8.0 operating system. Both the smartphones are available in only three colors &ndash; black, gold and blue.</p>

<p>Huawei Y9 2018 is available at Rs 25,900, while Huawei Y7 Pro 2018 costs Rs 20,900.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7670',
			'image' => '20180409023008_huwaei.jpg',
			'article_date' => '2018-04-08 00:00:00',
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	(int) 8 => array(
		'Article' => array(
			'id' => '7887',
			'article_category_id' => '1',
			'title' => 'Tea Tasting in Everest Region',
			'sub_title' => '',
			'summary' => 'April 8: The National Tea and Coffee Development Board is organising the Third International Tea Festival.',
			'content' => '<p>April 8: The National Tea and Coffee Development Board is organising the Third International Tea Festival.</p>

<p>As part of the three-day festival, the board organised a tea tasting event at Syamgboche in the Everest region on Saturday, April 7, in order to promote Nepali tea in the international market.</p>

<p>Nineteen tea promoters of 13 different countries took part in the tea tasting event, according to Gaurab Luitel, planning officer of the board.</p>

<p>Sharyn Johnston of Australia, who has visited Nepal many times, cherished the tea tasting experience in Everest as a memorable moment of her life. Nepali orthodox tea were also displayed during the event.</p>

<p>President of the board, Deepak Khanal, said that a logo of Nepali tea was launched from the Everest region.</p>

<p>Minister for Agriculture, Land management and Cooperatives Chakrapani Khanal inaugurated the event.&nbsp;</p>

<p>&quot;The ministry will play a role of mediator to take Nepali tea to the international market,&quot; said Minister Khanal during the inauguration ceremony.</p>

<p>&quot;The government will leave no stone unturned for the development of agriculture sector as more than half of the population of Nepal is dependent on agriculture,&quot; said Minister Khanal.&nbsp;</p>

<p>The minister also made a commitment to bring new strategies to promote Nepali products in the international market.&nbsp;</p>

<p>National and international experts presented their papers regarding the promotion of Nepali tea during the event.</p>

<p>According to the National Tea and Coffee Development Board, around 24 million kg of tea is being produced in Nepal annually, of which 5.5 million kg is orthodox tea.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7669',
			'image' => '20180408023050_IMG_2357.jpg',
			'article_date' => '2018-04-08 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '7888',
			'article_category_id' => '1',
			'title' => 'Turkey to import Nepali Yarn again',
			'sub_title' => '',
			'summary' => 'April 8: Nepal is all set to resume export of yarn made of raw thread and polyester fiber to Turkey. ',
			'content' => '<p>April 8: Nepal is all set to resume export of yarn made of raw thread and polyester fiber to Turkey. Yarn producers of Nepal are excite to export their threads to the middle-east nation after the government of Turkey renewed its commitment to give continuity to the duty-free access to the Nepali yarn industries under its General System of Preference (GSP).</p>

<p>Turkey had been providing duty-free access to the Nepali yarn producers in the past considering Nepal as an under-developed country. However, the Turkish government stopped providing the facility to Nepali producers in 2018 under suspicion that they were exporting threads made in third countries.</p>

<p>After Turkey removed the duty-free access, the Ministry of Commerce had conducted investigations to find out whether the yarn exported to Turkey were genuinely made in Nepal or not. Commerce Secretary Chandra Prasad Ghimire informed that the Turkey&#39;s commerce ministry had also supported the investigation.</p>

<p>Members of the investigation team had inspected four spinning mills during their field visit.</p>

<p>According to Joint-Secretary at the ministry, Rabi Kisan Sainju, the investigation found that the Nepali producer imported raw materials from abroad but processed the yarn within the country. The final products were then exported to Turkey, added Sainju.</p>

<p>A team of Nepali producers led by Sainju is currently in Turkey to report the findings of the investigation. The team has submitted the details of the investigation to the director general of the Turkish department of import and the Turkish government is reportedly positive about the investigation report. &nbsp;</p>

<p>After receiving the report, the Turkish officials have made a commitment to lift the sanction.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp; &nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7668',
			'image' => null,
			'article_date' => '2018-04-08 00:00:00',
			'homepage' => false,
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	),
	(int) 10 => array(
		'Article' => array(
			'id' => '7886',
			'article_category_id' => '1',
			'title' => '10th Enfield Rendezvous and Poker Run Starts on April 13',
			'sub_title' => '',
			'summary' => 'April 8: The 10th Annual Enfield Rendezvous and Poker Run will kick off on April 13. ',
			'content' => '<p>April 8: The 10th Annual Enfield Rendezvous and Poker Run will kick off on April 13. Organized every year by Sacred Summit, an adventure company, the 10th edition of Royal Enfield Poker Run will start from Kathmandu and will conclude in Pokhara on April 15. More than 300 bikers will be taking part in the poker run. Different programmes will be organized on the occasion of Nepali New Year after reaching Pokhara and winners will also be awarded, the organisers informed during a recent press conference.</p>

<p>Beside Nepal and India, riders from Bhutan, German, USA, Denmark, Switzerland, Australia, France and the Chez Republic will be participating in the ride.</p>

<p>Poker run is a fun and adventures race. The race is organized around the globe.</p>

<p>Interested people can pay Rs 11,999 to participate in the event. &nbsp;&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7667',
			'image' => '20180408020336_poker-run-700x366.jpg',
			'article_date' => '2018-04-08 00:00:00',
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	(int) 11 => array(
		'Article' => array(
			'id' => '7885',
			'article_category_id' => '1',
			'title' => 'Royal Challenge Whisky now in Nepali Market',
			'sub_title' => '',
			'summary' => 'April 8: Nepal Liquors Pvt Ltd has formally launched the Royal Challenge Whisky in the Nepali market.',
			'content' => '<p>April 8: Nepal Liquors Pvt Ltd has formally launched the Royal Challenge Whisky in the Nepali market. According to the company, the Royal Challenge Whisky is a grain-based whisky matured in American casks.</p>

<p>&ldquo;Apart from the deep and intensely smooth blend of scotch and premium Indian grains in Royal Challenge whisky, American charred oak casks are used for ageing, during which it gains color and flavor from the caramelized sugars in the charred wood and infuses the whiskey with a unique taste,&rdquo; said Rajesh Prakash, general manager for sales and marketing at Nepal Liquors Pvt Ltd.</p>

<p>Issuing a press statement, the company said that the brand has the Royal Challenge emblem of the lion and roundel and comes in a new packaging of black and red clutter, making the looks more distinctive, premium, masculine and bold.</p>

<p>The launching price of the Royal Challenge Whiskey is Rs 1360 for 750 ml, Rs 680 for 375 ml, Rs 340 for 180 ml packs.</p>

<p>Nepal Liquors Pvt Ltd (formerly known as United Spirits Nepal Pvt Ltd) is a company recently acquired by a Nepali entrepreneur, Rajesh Bir Singh Tuladhar, from United Spirits Limited of India and has the license as a franchisee to bottle and market popular brands of the Indian company.</p>

<p>Nepal Liquors Pvt Ltd said it has various leading brands under its umbrella like the Antiquity Blue Whisky, Signature Premier Whisky, Signature Rare Whisky, McDowell&#39;s No1 Whisky, McDowell&#39;s No1 Celebration Rum, and Blue Ribband Gin.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7666',
			'image' => '20180408014326_vlcsnap-2018-04-06-21h22m01s27.jpg',
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	(int) 12 => array(
		'Article' => array(
			'id' => '7884',
			'article_category_id' => '1',
			'title' => 'Kumari Bank’s Health Camp',
			'sub_title' => '',
			'summary' => 'April 8: Kumari Bank Limited organized 'Health Camp' at its Putalisadak office in collaboration with Norvic International Hospital on the occasion of the bank's 17th anniversary on April 6.',
			'content' => '<p>April 8: Kumari Bank Limited organized &#39;Health Camp&#39; at its Putalisadak office in collaboration with Norvic International Hospital on the occasion of the bank&#39;s 17<sup>th</sup> anniversary on April 6. The hospital provided 30 percent discount in medical checkup for the health camp. The bank said it witnessed encouraging participation from employees, shareholders and customers. As per the press statement issued by the bank, it will be carrying out various activities through its branches under its corporate social responsibility to mark the anniversary week.</p>

<p>Kumari Bank was established as the 15<sup>th</sup> commercial bank of Nepal and started its operation 17 years ago. Currently, Kumari Bank claimed that it has become the first bank to use the latest version of Finacle (Core Banking Software) and was the first to introduce internet banking service in Nepal. The bank has been providing various banking services through 72 branches, two extension counters and 58 ATMs.</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7665',
			'image' => '20180408011934_Clipboard01.jpg',
			'article_date' => '2018-04-08 00:00:00',
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	(int) 13 => array(
		'Article' => array(
			'id' => '7883',
			'article_category_id' => '1',
			'title' => 'Only 113 Public Vehicles Registered',
			'sub_title' => '',
			'summary' => 'April 6: The end of syndicate system in transport sector will be beneficial not only for the public but also for the government. ',
			'content' => '<p>April 6: The end of syndicate system in transport sector will be beneficial not only for the public but also for the government. The government can collect huge amount of revenue if it becomes able to bring more than 200,000 public vehicles under company. According to the statistics of the Department of Transport Management (DoTM), only 113 registered public vehicles are paying tax. However, the number of public vehicles in the country is more than 200,000. The government is losing millions of rupees annually for not registering the vehicles under Companies Act, 2063.&nbsp;</p>

<p>The existing system of obtaining route permit on the recommendation of transport committees has made it easy for transport entrepreneurs to evade tax.&nbsp;</p>

<p>Since company registration for public vehicles is not compulsory, and the government authorities neglect tax collection, the state coffers has been losing a lot of revenue.</p>

<p>&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-06',
			'modified' => '2018-04-06',
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			'description' => '',
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		'Article' => array(
			'id' => '7882',
			'article_category_id' => '99',
			'title' => 'Government aims at drawing in 1.5m tourists each year',
			'sub_title' => '',
			'summary' => 'April 6: The government has decided to develop new websites, which will be in Hindi and Chinese languages, with an aim to draw in 1.5 million tourists every year by the end of 2020.',
			'content' => '<p>April 6: The government has decided to develop new websites, which will be in Hindi and Chinese languages, with an aim to draw in 1.5 million tourists every year by the end of 2020.</p>

<p>The government is developing the websites keeping in mind that the country has immense opportunities to attract Indian and Chinese tourists. The government data also show that majority of tourists coming to Nepal are from the southern and northern neighbours.</p>

<p>According to Rabindra Adhiraki, minister for culture, tourism, and civil aviation, the government is developing the websites to attract additional tourists from both the neighboring countries.</p>

<p>&ldquo;Apart from developing the websites, the government will also organize different cultural events, among others to promote tourism in the country,&rdquo; he said.</p>

<p>In the last five years, a total of 670,000 Indian tourists and 512,631 Chinese tourists have visited Nepal. Meanwhile, the Indian tourists coming to Nepal via roadway is not included in the data.</p>

<p>It is estimated that a total of 200 million Chinese and 50 million Indian will visit foreign countries as tourists in 2020. Minsiter Adhikari says that the tourism sector of the country will drastically improve if Nepal succeeds to attract one percent of those tourists.</p>

<p>However, the tourism entrepreneurs have been asking the government to increase investment in the tourism sector. According to Binayak Shah, a tourism entrepreneur, who is also the general secretary of Hotel Association of Nepal (HAN), the government should seriously work to develop the tourism sector.&nbsp;&nbsp;</p>

<p>&nbsp;</p>
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View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
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View::_evaluate() - CORE/Cake/View/View.php, line 971
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Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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			'id' => '7896',
			'article_category_id' => '1',
			'title' => 'Prices of Xiaomi Phones Slashed',
			'sub_title' => '',
			'summary' => 'April 9: Vatsal Impex, one of the authorized distributors of Xiaomi products for Nepal, has reviewed the price of its phones.',
			'content' => '<p>April 9: Vatsal Impex, one of the authorized distributors of Xiaomi products for Nepal, has reviewed the price of its phones. Xiaomi is globally known for providing premium products at affordable prices and Vatsal Impex is following the same principle, the company said in a statement.&nbsp;</p>

<p>&quot;As per the demand of the market and the love of the people towards the brand, the company has dropped the price of several phones to increase the number of smartphone users in Nepal and give them a premium feel,&quot; the statement says.</p>

<p>According to the company, the updated price of MI A1 (4GB+64GB) is Rs 24,499, MI A1 (4GB+32GB) is Rs 22,999, Redmi 4A (2GB+32GB) is Rs 12,999, Redmi 4A (2GB+16GB) is Rs 11,499, Redmi 5 plus (4GB+64GB) is Rs 22,999, Redmi &nbsp;5 plus (3GB+32GB) is Rs 19,999, Redmi 5 (3GB+32GB) is Rs 17,999, Redmi &nbsp;5 (2GB+16GB) is Rs 15,999, Redmi 5A (2GB+16GB) is Rs 11,999, Redmi 3S Prime (3GB+32GB) is Rs 15,499, Redmi Note 4 (4GB+64GB) is Rs 20,999, Redmi Note 4 (3GB+32GB) is Rs 18,999, Redmi 4X(3GB+32GB) is Rs 15,999, Redmi &nbsp;4X(2GB+16GB) is Rs 14,999, Redmi Note 5A Prime (3GB+32GB) is Rs 17,499, Redmi Note 5A(2GB+16GB) is Rs 13,999.</p>
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			'created' => '2018-04-09',
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			'sortorder' => '7677',
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			'title' => 'Kumari Bank Organises Blood Donation Programme',
			'sub_title' => '',
			'summary' => 'April 9: Butwal branch of Kumari Bank organised a blood donation programme in coordination with branches of Bhairahawa, Drivertole and Shukrapath on the occasion of the 17th anniversary of the bank. ',
			'content' => '<p>April 9: Butwal branch of Kumari Bank organised a blood donation programme in coordination with branches of Bhairahawa, Drivertole and Shukrapath on the occasion of the 17<sup>th</sup> anniversary of the bank. Issuing a press statement on Sunday, April 8, the bank said that staff and customers of the bank donated blood. &ldquo;The bank will organise different programmes through its branches for a week under corporate social responsibility,&rdquo; the statement said. The bank has been providing banking service through 72 branches, two extension counters and 58 ATMs.&nbsp; &nbsp;</p>
',
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			'created' => '2018-04-09',
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			'sortorder' => '7676',
			'image' => '20180409022854_kumariddddd.jpg',
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			'id' => '7894',
			'article_category_id' => '217',
			'title' => 'Universal Group',
			'sub_title' => '',
			'summary' => 'Late Noor Pratap Rana, the founder of Universal Group, is considered a pioneer in the Nepali footwear industry. Noor stepped into the footwear industry in the 1970s. In the early 80s, the group established a factory in Hetauda and started producing ‘Hathi’ brand slippers.',
			'content' => '<p style="text-align:justify"><img alt="" src="/userfiles/images/Clipboard04%284%29.jpg" style="float:right; height:293px; margin:5px; width:90px" />Late Noor Pratap Rana, the founder of Universal Group, is considered a pioneer in the Nepali footwear industry. Noor stepped into the footwear industry in the 1970s. In the early 80s, the group established a factory in Hetauda and started producing &lsquo;Hathi&rsquo; brand slippers. A catchphrase used to promote the brand &ldquo;Hathi Baliyo ki Hathi Chap Chappal&rdquo; became famous in the decades to come.&nbsp;</p>

<p style="text-align:justify">Rana is believed to have introduced the first pair of slippers manufactured in Nepal. Later, Noor founded the brand Goldstar in the nineties. Today, it has become Nepal&rsquo;s premium footwear brand known for its quality, durability and design and is produced in two factories in Kathmandu, Shankha Park and Balaju, and majorly exported to India. Today, the group produces Goldstar brand shoes under Kiran Shoes Manufacturer and Hathichhap brand sandals under Modern Slipper Industry. Both brands are exported to South Asian markets. In the year 2013, the government felicitated Kiran Shoes as the highest taxpayer in the export category.</p>

<p style="text-align:justify">Earlier, Noor started his business career trying his hands in the transport business in Bhairahawa. His breakthrough came when he started producing metal strings by importing Mica but it was his journey into the footwear industry that got him his major success. Afterwards, the group stepped into the dairy industry by establishing Integrated Dairy and Agro Products Pvt Ltd in 2004. The company is the producer of milk brand &lsquo;Anmol&rsquo;. The group is one of the major promoters of Kumari Bank, NMB Bank and Shikhar Insurance Co.</p>

<p style="text-align:center"><img alt="" src="/userfiles/images/Clipboard03%289%29.jpg" style="height:1502px; width:800px" /></p>

<div style="background: rgb(230, 230, 250); padding: 10px;">
<p><span style="font-size:16px"><strong>Financials</strong></span></p>

<ul>
	<li>Estimated annual turnover of&nbsp; Rs 15 billion</li>
</ul>

<p><span style="font-size:16px"><strong>Employment</strong></span></p>

<ul>
	<li>2,850 people</li>
</ul>

<p><span style="font-size:16px"><strong>Joint Venture</strong></span></p>

<ul>
	<li>Universal Elder Pharmaceutical Pvt Ltd is a JV with Elder Pharmaceuticals Ltd India</li>
</ul>

<p><span style="font-size:16px"><strong>Planned Investment</strong></span></p>

<ul>
	<li>Expand the verticals of footwear industry and go extensively on different variants with new designs. Planning to introduce new variants such as safety boots, utility, lifestyle and school shoes and shoes used by security forces.&nbsp;</li>
	<li>Opening a shoe factory in Bhairahawa</li>
</ul>

<p><span style="font-size:16px"><strong>Key Revenue Generator</strong></span><br />
Footwear companies especially Kiran Shoes Manufacturer</p>
</div>
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			'id' => '7893',
			'article_category_id' => '217',
			'title' => 'Vishal Group',
			'sub_title' => '',
			'summary' => 'It was during the 1940s that the seeds of Vishal Group, a business group owned by an Agrawal family, were sown with the establishment of a fabric shop in Dharan. The Agrawal family was led by Gordhandas Agrawal who traded cloths in Dharan, after having moved from Ilam. ',
			'content' => '<p style="text-align:justify"><img alt="" src="/userfiles/images/Clipboard80.jpg" style="float:right; height:494px; margin:5px; width:100px" />It was during the 1940s that the seeds of Vishal Group, a business group owned by an Agrawal family, were sown with the establishment of a fabric shop in Dharan. The Agrawal family was led by Gordhandas Agrawal who traded cloths in Dharan, after having moved from Ilam. The family continued its sole focus on trading for the next few decades, and primarily on textile imports from India. Later, they started importing textiles from China as well.&nbsp;</p>

<p style="text-align:justify">Their progression into international trade, apart from India and China, started gradually as a trader of a range of industrial inputs and international FMCG brands for Nepal. Today, the group imports industrial inputs such as raw materials, semi finished goods and machineries and FMCG products from companies such as Procter and Gamble (P&amp;G), DIAGEO, United Biscuits, Tabasco, Moet &amp; Hennessy, Mentholatum and Orion, which in total accounts to international companies spread across 40 countries and leveraging its wide distribution network for their distribution throughout the country. For this reason, the group considers their engagement in trading and brand representation as one of its key strengths.&nbsp;</p>

<p style="text-align:justify">As the trading business thrived, Vishal Group started diversifying into multiple sectors during the 1980s. In 1987, they established Kamala Iron Industry which was later converted into Kamala Rolling Pvt Ltd. At the same time, the group was also engaged in manufacturing batteries. In the 1990s, they established a toothpaste manufacturing factory. The group also has a steel factory under its wing namely Mainawati Steel.&nbsp;</p>

<p style="text-align:justify">The group took another step towards further diversification, entering the financial sector in the mid 1990s to consolidate its position as a leading business house of Nepal. Today, Vishal Group is a prominent name in the financial sector, with a strong presence in the banking and insurance sector. The group joined a pool of investors and established NIC Bank in 1997 as a lead promoter which later merged with Bank of Asia to become the current NIC Asia Bank. Post merger, NIC Asia became one of the largest banks of Nepal. The group is also a leading promoter of NMB Bank. It stepped into the insurance sector in the year 2000 promoting Life Insurance Corporation (LIC) Nepal Ltd and Prudential General Insurance Company. The group has also forayed into the education sector by promoting Delhi Public School based in Biratnagar and Kathmandu and as a partner at Ace Institute of Management. It also has its presence in the automobile industry representing Volkswagen (Germany), Suzuki Motorcycle India Pvt Ltd and Kobelco Construction Machinery.</p>

<p style="text-align:center"><img alt="" src="/userfiles/images/Clipboard78.jpg" style="height:376px; width:800px" /></p>

<p style="text-align:center"><img alt="" src="/userfiles/images/Clipboard72%282%29.jpg" style="height:1103px; width:800px" /></p>

<div style="background: rgb(230, 230, 250); padding: 10px;">
<p><span style="font-size:16px"><strong>Employment</strong></span></p>

<ul>
	<li>10,000 people</li>
</ul>

<p><span style="font-size:16px"><strong>Planned Investments</strong></span></p>

<ul>
	<li>Education sector in the area of management, medical and training institutes&nbsp;</li>
	<li>Hydropower projects</li>
</ul>

<p><span style="font-size:16px"><strong>Key Business</strong></span></p>

<ul>
	<li>Trading and brand representation</li>
	<li>Banking and insurance sector</li>
	<li>Iron and steel industry</li>
</ul>

<p><span style="font-size:16px"><strong>Joint Venture</strong></span></p>

<ul>
	<li>LIC (Nepal) Ltd is a JV between Life Insurance Corp of India and Vishal Group</li>
	<li>Care Rating Nepal is a JV between CARE Ratings Limited (India), an international credit rating institution, Vishal Group, Emerging Nepal Ltd, Nepal Reinsurance Company Limited, Global IME Bank Limited, Prudential Insurance Company Ltd and Life Insurance Corporation Nepal Ltd</li>
	<li>NMB Bank is a JV with FMO, a Netherlands-based development bank</li>
	<li>Kathmandu and Biratnagar based Delhi Public School are franchises of Delhi Public School Society of India</li>
</ul>
</div>
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		'Article' => array(
			'id' => '7892',
			'article_category_id' => '217',
			'title' => 'Vaidya Organization of Industries and Trading Houses (VOITH)',
			'sub_title' => '',
			'summary' => 'After completing his master’s degree in economics from Calcutta University in India, Vijaya Gajananda Vaidya returned to Nepal where he worked as a gazetted officer for the then Ministry of Foreign Affairs for two years and then switched to United States Agency for International Development (USAID) ',
			'content' => '<div class="content-wrapper" style="box-sizing: border-box; padding-left: 10px;">
<div class="highlight-column" style="box-sizing: border-box; width: 200px; padding: 5px; float: right; clear: left; margin-left: 5px; margin-top: 5px; margin-bottom: 5px; text-align: center; background: rgb(230, 230, 250);">
<p><span style="font-family:helvetica neue,helvetica,arial,sans-serif; font-size:14.84px"><img alt="Suraj Vaidya, Chairman,  Vaidya Organization of Industries and Trading Houses (VOITH)" src="/userfiles/images/Clipboard67%284%29.jpg" style="height:254px; width:190px" /></span><strong>Suraj Vaidya</strong><br />
Chairman&nbsp;<br />
Vaidya Organization of Industries and Trading Houses (VOITH)</p>
</div>
</div>

<p>After completing his master&rsquo;s degree in economics from Calcutta University in India, Vijaya Gajananda Vaidya returned to Nepal where he worked as a gazetted officer for the then Ministry of Foreign Affairs for two years and then switched to United States Agency for International Development (USAID) where he worked for around five years. He worked another year for a Washington-based research institute and that was the end of his career as an employee.&nbsp;</p>

<p>At the age of 29 with USD 700 in his pocket, Vaidya invested the amount in establishing United Traders Syndicate (UTS) that became the sole distributor of Toyota Motors in Nepal. Back then, UTS introduced the Toyota Corona Saloon in 1969 and Corolla in 1973. In the early 2000s, UTS introduced the Hiace brand of passenger vehicles in Nepal. With five decades in Nepal, the Toyota brand has won the hearts of Nepalis for its quality and durability and has solidified VOITH&rsquo;s reputation in the automobile industry. On the other hand, Agni Incorporated, another subsidiary company of VOITH, is the authorised distributor of Mahindra &amp; Mahindra vehicles in Nepal. The Indian automobile is gradually becoming a favourite four-wheeler brand in Nepal.&nbsp;</p>

<p>Apart from automobiles, VOITH has diversified into agro processing, tea, construction, feed production, insurance, animal husbandry and technical education. VOITH has had a robust presence in the tea industry since 1999 with subsidiary companies such as Guranse Tea Estate, Mai-Ilam Guranse Tea Industries and Nirvana Tea Processing and Packaging producing, storing, processing and exporting high quality Nepali orthodox tea.&nbsp; VOITH&rsquo;s portfolio also includes the insurance sector with Suraj Vaidya as one of the promoters of Lumbini General Insurance Company.</p>

<p style="text-align:center"><img alt="" src="/userfiles/images/Clipboard71%283%29.jpg" /></p>

<div style="background: rgb(230, 230, 250); padding: 10px;">
<p><span style="font-size:16px"><strong>Joint Venture</strong></span></p>

<ul>
	<li>Nepal Wellhope Agri-Tech Private Limited is a JV between VOITH and China&rsquo;s Liaoning Wellhope Agritech Company</li>
	<li>Serving Minds Private Limited is a joint venture between VOITH and the Mercantile Group&nbsp;</li>
</ul>

<p><span style="font-size:16px"><strong>Financials&nbsp;</strong></span></p>

<ul>
	<li>VOITH&rsquo;s estimated annual turnover is approximately Rs 20 billion.</li>
</ul>

<p><span style="font-size:16px"><strong>Key Business&nbsp;</strong></span></p>

<ul>
	<li>Agri based businesses such&nbsp;as tea</li>
	<li>Trading of&nbsp;four-wheelers</li>
</ul>

<p><span style="font-size:16px"><strong>Planned Investments</strong></span></p>

<ul>
	<li>Tourism (Resort)</li>
	<li>IT</li>
	<li>Alternative Energy</li>
	<li>Automobile parts</li>
	<li>Education</li>
	<li>Electric Bicycle Assembly Plant</li>
</ul>
</div>
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		'Article' => array(
			'id' => '7891',
			'article_category_id' => '1',
			'title' => 'India to extend railway up to Kathmandu',
			'sub_title' => '',
			'summary' => 'April 8: At a time when China is preparing to extend railway service to Nepal, southern neighbor India has announced to construct a railway line to connect Raxual with Kathmandu.',
			'content' => '<p>April 8: At a time when China is preparing to extend railway service to Nepal, southern neighbor India has announced to construct a railway line to connect Raxual with Kathmandu.</p>

<p>The announcement was made during Nepali Prime Minister KP Sharma Oli&#39;s state visit to India.</p>

<p>PM Oli along with his Indian counterpart Narendra Modi on Saturday, April 7, made three crucial bilateral agreements at Hydrabad House in New Delhi which includes the construction of the Raxual-Kathmandu railway line.</p>

<p>The Indian PM also agreed to support Nepal for its access to sea through waterways for conducting trade with third countries.&nbsp;</p>

<p>Similarly, the two countries have also agreed to work jointly for agriculture development projects.</p>

<p>Both the nations aiming for overall economic, social, political and cultural betterment issued a 12-point joint statement on Saturday.&nbsp;</p>

<p>The statement denotes that PM from both the neighboring countries have agreed for enhancing friendly relations and overall betterment of the nation and its citizens.</p>

<p>Similarly, Modi and Oli jointly launched the Integrated Customs Point of Birgunj and the Motihari-Amlekhgunj petroleum pipeline from New Delhi.</p>

<p>PM Oli who landed in New Delhi on Friday is scheduled to arrive back in Kathmandu on Sunday.</p>

<p>&nbsp;</p>
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	(int) 6 => array(
		'Article' => array(
			'id' => '7890',
			'article_category_id' => '1',
			'title' => 'ICP Inaugurated',
			'sub_title' => '',
			'summary' => 'April 8: Prime Minister K P Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Integrated Customs Point (ICP) of Birgunj remotely from New Delhi-based Hyderabad House on Saturday, April 7. ',
			'content' => '<p>April 8: Prime Minister K P Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Integrated Customs Point (ICP) of Birgunj remotely from New Delhi-based Hyderabad House on Saturday, April 7. &nbsp;The ICP was set up with the Indian assistance to facilitate import and export of goods between the two countries.</p>

<p>After the inauguration, PM Oli pointed out to the need of such ICPs as well as road, rail and water networks between the two countries for the promotion of bilateral trade.</p>

<p>&quot;We have discussed about opening four ICPs,&quot; said Oli during a press meet held after the inauguration during his three-day state visit to India. The other three ICPs at Biratnagar, Bhairahawa and Nepalgunj are currently under construction.</p>

<p>During the occasion, PM Oli said that although Nepal and India are geographically close, there are lots of hurdles in trade due to poor infrastructure.</p>

<p>&quot;Discussions were held with Indian Prime Minister Narendra Modi about opening new roadways, railways and waterways,&quot; added Oli.</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7671',
			'image' => null,
			'article_date' => '2018-04-08 00:00:00',
			'homepage' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '7889',
			'article_category_id' => '1',
			'title' => 'Huawei to Launch Two New Smartphones',
			'sub_title' => '',
			'summary' => 'April 8: Huawei has announced to launch two new smartphones – Y9 2018 and Y7 Pro 2018 – in the Nepali market. ',
			'content' => '<p>April 8: Huawei&nbsp;has announced to launch two new smartphones &ndash; Y9 2018 and Y7 Pro 2018 &ndash; in the Nepali market. The company made such announcement amid a function organised in the capital on Sunday, April 8.</p>

<p>According to the company, both the smartphones are available at very reasonable rates. &ldquo;Y9 2018 is an intelligent camera phone, which has facial recognition system and an EMUI 8.0 operating system with 3 GB and 32 GB ROM,&rdquo; a statement issued by the company reads.</p>

<p>Similarly, Y9 2018 has dual rear cameras of 13 MP and 2 MP, and the front cameras of 16 MP and 2 MP. Y9 also has large screen, 4000 mAh battery, triple slot dual SIM feature, and 32 GB internal memory expandable up to 256 GB.</p>

<p>Likewise, Huawei Y7 Pro 2018 has a front camera of 8 MP with selfie toning flash, and dual main camera of 13 MP and 2 MP. Similarly, it has a battery of 3000 mAh, and Android TM 8.0 EMUI 8.0 operating system. Both the smartphones are available in only three colors &ndash; black, gold and blue.</p>

<p>Huawei Y9 2018 is available at Rs 25,900, while Huawei Y7 Pro 2018 costs Rs 20,900.</p>

<p>&nbsp;</p>
',
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			'created' => '2018-04-08',
			'modified' => '2018-04-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7670',
			'image' => '20180409023008_huwaei.jpg',
			'article_date' => '2018-04-08 00:00:00',
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	(int) 8 => array(
		'Article' => array(
			'id' => '7887',
			'article_category_id' => '1',
			'title' => 'Tea Tasting in Everest Region',
			'sub_title' => '',
			'summary' => 'April 8: The National Tea and Coffee Development Board is organising the Third International Tea Festival.',
			'content' => '<p>April 8: The National Tea and Coffee Development Board is organising the Third International Tea Festival.</p>

<p>As part of the three-day festival, the board organised a tea tasting event at Syamgboche in the Everest region on Saturday, April 7, in order to promote Nepali tea in the international market.</p>

<p>Nineteen tea promoters of 13 different countries took part in the tea tasting event, according to Gaurab Luitel, planning officer of the board.</p>

<p>Sharyn Johnston of Australia, who has visited Nepal many times, cherished the tea tasting experience in Everest as a memorable moment of her life. Nepali orthodox tea were also displayed during the event.</p>

<p>President of the board, Deepak Khanal, said that a logo of Nepali tea was launched from the Everest region.</p>

<p>Minister for Agriculture, Land management and Cooperatives Chakrapani Khanal inaugurated the event.&nbsp;</p>

<p>&quot;The ministry will play a role of mediator to take Nepali tea to the international market,&quot; said Minister Khanal during the inauguration ceremony.</p>

<p>&quot;The government will leave no stone unturned for the development of agriculture sector as more than half of the population of Nepal is dependent on agriculture,&quot; said Minister Khanal.&nbsp;</p>

<p>The minister also made a commitment to bring new strategies to promote Nepali products in the international market.&nbsp;</p>

<p>National and international experts presented their papers regarding the promotion of Nepali tea during the event.</p>

<p>According to the National Tea and Coffee Development Board, around 24 million kg of tea is being produced in Nepal annually, of which 5.5 million kg is orthodox tea.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7669',
			'image' => '20180408023050_IMG_2357.jpg',
			'article_date' => '2018-04-08 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '7888',
			'article_category_id' => '1',
			'title' => 'Turkey to import Nepali Yarn again',
			'sub_title' => '',
			'summary' => 'April 8: Nepal is all set to resume export of yarn made of raw thread and polyester fiber to Turkey. ',
			'content' => '<p>April 8: Nepal is all set to resume export of yarn made of raw thread and polyester fiber to Turkey. Yarn producers of Nepal are excite to export their threads to the middle-east nation after the government of Turkey renewed its commitment to give continuity to the duty-free access to the Nepali yarn industries under its General System of Preference (GSP).</p>

<p>Turkey had been providing duty-free access to the Nepali yarn producers in the past considering Nepal as an under-developed country. However, the Turkish government stopped providing the facility to Nepali producers in 2018 under suspicion that they were exporting threads made in third countries.</p>

<p>After Turkey removed the duty-free access, the Ministry of Commerce had conducted investigations to find out whether the yarn exported to Turkey were genuinely made in Nepal or not. Commerce Secretary Chandra Prasad Ghimire informed that the Turkey&#39;s commerce ministry had also supported the investigation.</p>

<p>Members of the investigation team had inspected four spinning mills during their field visit.</p>

<p>According to Joint-Secretary at the ministry, Rabi Kisan Sainju, the investigation found that the Nepali producer imported raw materials from abroad but processed the yarn within the country. The final products were then exported to Turkey, added Sainju.</p>

<p>A team of Nepali producers led by Sainju is currently in Turkey to report the findings of the investigation. The team has submitted the details of the investigation to the director general of the Turkish department of import and the Turkish government is reportedly positive about the investigation report. &nbsp;</p>

<p>After receiving the report, the Turkish officials have made a commitment to lift the sanction.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp; &nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7668',
			'image' => null,
			'article_date' => '2018-04-08 00:00:00',
			'homepage' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '7886',
			'article_category_id' => '1',
			'title' => '10th Enfield Rendezvous and Poker Run Starts on April 13',
			'sub_title' => '',
			'summary' => 'April 8: The 10th Annual Enfield Rendezvous and Poker Run will kick off on April 13. ',
			'content' => '<p>April 8: The 10th Annual Enfield Rendezvous and Poker Run will kick off on April 13. Organized every year by Sacred Summit, an adventure company, the 10th edition of Royal Enfield Poker Run will start from Kathmandu and will conclude in Pokhara on April 15. More than 300 bikers will be taking part in the poker run. Different programmes will be organized on the occasion of Nepali New Year after reaching Pokhara and winners will also be awarded, the organisers informed during a recent press conference.</p>

<p>Beside Nepal and India, riders from Bhutan, German, USA, Denmark, Switzerland, Australia, France and the Chez Republic will be participating in the ride.</p>

<p>Poker run is a fun and adventures race. The race is organized around the globe.</p>

<p>Interested people can pay Rs 11,999 to participate in the event. &nbsp;&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7667',
			'image' => '20180408020336_poker-run-700x366.jpg',
			'article_date' => '2018-04-08 00:00:00',
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	(int) 11 => array(
		'Article' => array(
			'id' => '7885',
			'article_category_id' => '1',
			'title' => 'Royal Challenge Whisky now in Nepali Market',
			'sub_title' => '',
			'summary' => 'April 8: Nepal Liquors Pvt Ltd has formally launched the Royal Challenge Whisky in the Nepali market.',
			'content' => '<p>April 8: Nepal Liquors Pvt Ltd has formally launched the Royal Challenge Whisky in the Nepali market. According to the company, the Royal Challenge Whisky is a grain-based whisky matured in American casks.</p>

<p>&ldquo;Apart from the deep and intensely smooth blend of scotch and premium Indian grains in Royal Challenge whisky, American charred oak casks are used for ageing, during which it gains color and flavor from the caramelized sugars in the charred wood and infuses the whiskey with a unique taste,&rdquo; said Rajesh Prakash, general manager for sales and marketing at Nepal Liquors Pvt Ltd.</p>

<p>Issuing a press statement, the company said that the brand has the Royal Challenge emblem of the lion and roundel and comes in a new packaging of black and red clutter, making the looks more distinctive, premium, masculine and bold.</p>

<p>The launching price of the Royal Challenge Whiskey is Rs 1360 for 750 ml, Rs 680 for 375 ml, Rs 340 for 180 ml packs.</p>

<p>Nepal Liquors Pvt Ltd (formerly known as United Spirits Nepal Pvt Ltd) is a company recently acquired by a Nepali entrepreneur, Rajesh Bir Singh Tuladhar, from United Spirits Limited of India and has the license as a franchisee to bottle and market popular brands of the Indian company.</p>

<p>Nepal Liquors Pvt Ltd said it has various leading brands under its umbrella like the Antiquity Blue Whisky, Signature Premier Whisky, Signature Rare Whisky, McDowell&#39;s No1 Whisky, McDowell&#39;s No1 Celebration Rum, and Blue Ribband Gin.</p>

<p>&nbsp;</p>
',
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			'keywords' => '',
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			'sortorder' => '7666',
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		'Article' => array(
			'id' => '7884',
			'article_category_id' => '1',
			'title' => 'Kumari Bank’s Health Camp',
			'sub_title' => '',
			'summary' => 'April 8: Kumari Bank Limited organized 'Health Camp' at its Putalisadak office in collaboration with Norvic International Hospital on the occasion of the bank's 17th anniversary on April 6.',
			'content' => '<p>April 8: Kumari Bank Limited organized &#39;Health Camp&#39; at its Putalisadak office in collaboration with Norvic International Hospital on the occasion of the bank&#39;s 17<sup>th</sup> anniversary on April 6. The hospital provided 30 percent discount in medical checkup for the health camp. The bank said it witnessed encouraging participation from employees, shareholders and customers. As per the press statement issued by the bank, it will be carrying out various activities through its branches under its corporate social responsibility to mark the anniversary week.</p>

<p>Kumari Bank was established as the 15<sup>th</sup> commercial bank of Nepal and started its operation 17 years ago. Currently, Kumari Bank claimed that it has become the first bank to use the latest version of Finacle (Core Banking Software) and was the first to introduce internet banking service in Nepal. The bank has been providing various banking services through 72 branches, two extension counters and 58 ATMs.</p>
',
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			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7665',
			'image' => '20180408011934_Clipboard01.jpg',
			'article_date' => '2018-04-08 00:00:00',
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	(int) 13 => array(
		'Article' => array(
			'id' => '7883',
			'article_category_id' => '1',
			'title' => 'Only 113 Public Vehicles Registered',
			'sub_title' => '',
			'summary' => 'April 6: The end of syndicate system in transport sector will be beneficial not only for the public but also for the government. ',
			'content' => '<p>April 6: The end of syndicate system in transport sector will be beneficial not only for the public but also for the government. The government can collect huge amount of revenue if it becomes able to bring more than 200,000 public vehicles under company. According to the statistics of the Department of Transport Management (DoTM), only 113 registered public vehicles are paying tax. However, the number of public vehicles in the country is more than 200,000. The government is losing millions of rupees annually for not registering the vehicles under Companies Act, 2063.&nbsp;</p>

<p>The existing system of obtaining route permit on the recommendation of transport committees has made it easy for transport entrepreneurs to evade tax.&nbsp;</p>

<p>Since company registration for public vehicles is not compulsory, and the government authorities neglect tax collection, the state coffers has been losing a lot of revenue.</p>

<p>&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-06',
			'modified' => '2018-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7664',
			'image' => null,
			'article_date' => '2018-04-06 00:00:00',
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	(int) 14 => array(
		'Article' => array(
			'id' => '7882',
			'article_category_id' => '99',
			'title' => 'Government aims at drawing in 1.5m tourists each year',
			'sub_title' => '',
			'summary' => 'April 6: The government has decided to develop new websites, which will be in Hindi and Chinese languages, with an aim to draw in 1.5 million tourists every year by the end of 2020.',
			'content' => '<p>April 6: The government has decided to develop new websites, which will be in Hindi and Chinese languages, with an aim to draw in 1.5 million tourists every year by the end of 2020.</p>

<p>The government is developing the websites keeping in mind that the country has immense opportunities to attract Indian and Chinese tourists. The government data also show that majority of tourists coming to Nepal are from the southern and northern neighbours.</p>

<p>According to Rabindra Adhiraki, minister for culture, tourism, and civil aviation, the government is developing the websites to attract additional tourists from both the neighboring countries.</p>

<p>&ldquo;Apart from developing the websites, the government will also organize different cultural events, among others to promote tourism in the country,&rdquo; he said.</p>

<p>In the last five years, a total of 670,000 Indian tourists and 512,631 Chinese tourists have visited Nepal. Meanwhile, the Indian tourists coming to Nepal via roadway is not included in the data.</p>

<p>It is estimated that a total of 200 million Chinese and 50 million Indian will visit foreign countries as tourists in 2020. Minsiter Adhikari says that the tourism sector of the country will drastically improve if Nepal succeeds to attract one percent of those tourists.</p>

<p>However, the tourism entrepreneurs have been asking the government to increase investment in the tourism sector. According to Binayak Shah, a tourism entrepreneur, who is also the general secretary of Hotel Association of Nepal (HAN), the government should seriously work to develop the tourism sector.&nbsp;&nbsp;</p>

<p>&nbsp;</p>
',
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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		'Article' => array(
			'id' => '7896',
			'article_category_id' => '1',
			'title' => 'Prices of Xiaomi Phones Slashed',
			'sub_title' => '',
			'summary' => 'April 9: Vatsal Impex, one of the authorized distributors of Xiaomi products for Nepal, has reviewed the price of its phones.',
			'content' => '<p>April 9: Vatsal Impex, one of the authorized distributors of Xiaomi products for Nepal, has reviewed the price of its phones. Xiaomi is globally known for providing premium products at affordable prices and Vatsal Impex is following the same principle, the company said in a statement.&nbsp;</p>

<p>&quot;As per the demand of the market and the love of the people towards the brand, the company has dropped the price of several phones to increase the number of smartphone users in Nepal and give them a premium feel,&quot; the statement says.</p>

<p>According to the company, the updated price of MI A1 (4GB+64GB) is Rs 24,499, MI A1 (4GB+32GB) is Rs 22,999, Redmi 4A (2GB+32GB) is Rs 12,999, Redmi 4A (2GB+16GB) is Rs 11,499, Redmi 5 plus (4GB+64GB) is Rs 22,999, Redmi &nbsp;5 plus (3GB+32GB) is Rs 19,999, Redmi 5 (3GB+32GB) is Rs 17,999, Redmi &nbsp;5 (2GB+16GB) is Rs 15,999, Redmi 5A (2GB+16GB) is Rs 11,999, Redmi 3S Prime (3GB+32GB) is Rs 15,499, Redmi Note 4 (4GB+64GB) is Rs 20,999, Redmi Note 4 (3GB+32GB) is Rs 18,999, Redmi 4X(3GB+32GB) is Rs 15,999, Redmi &nbsp;4X(2GB+16GB) is Rs 14,999, Redmi Note 5A Prime (3GB+32GB) is Rs 17,499, Redmi Note 5A(2GB+16GB) is Rs 13,999.</p>
',
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			'id' => '7895',
			'article_category_id' => '1',
			'title' => 'Kumari Bank Organises Blood Donation Programme',
			'sub_title' => '',
			'summary' => 'April 9: Butwal branch of Kumari Bank organised a blood donation programme in coordination with branches of Bhairahawa, Drivertole and Shukrapath on the occasion of the 17th anniversary of the bank. ',
			'content' => '<p>April 9: Butwal branch of Kumari Bank organised a blood donation programme in coordination with branches of Bhairahawa, Drivertole and Shukrapath on the occasion of the 17<sup>th</sup> anniversary of the bank. Issuing a press statement on Sunday, April 8, the bank said that staff and customers of the bank donated blood. &ldquo;The bank will organise different programmes through its branches for a week under corporate social responsibility,&rdquo; the statement said. The bank has been providing banking service through 72 branches, two extension counters and 58 ATMs.&nbsp; &nbsp;</p>
',
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			'sortorder' => '7676',
			'image' => '20180409022854_kumariddddd.jpg',
			'article_date' => '2018-04-09 00:00:00',
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			'id' => '7894',
			'article_category_id' => '217',
			'title' => 'Universal Group',
			'sub_title' => '',
			'summary' => 'Late Noor Pratap Rana, the founder of Universal Group, is considered a pioneer in the Nepali footwear industry. Noor stepped into the footwear industry in the 1970s. In the early 80s, the group established a factory in Hetauda and started producing ‘Hathi’ brand slippers.',
			'content' => '<p style="text-align:justify"><img alt="" src="/userfiles/images/Clipboard04%284%29.jpg" style="float:right; height:293px; margin:5px; width:90px" />Late Noor Pratap Rana, the founder of Universal Group, is considered a pioneer in the Nepali footwear industry. Noor stepped into the footwear industry in the 1970s. In the early 80s, the group established a factory in Hetauda and started producing &lsquo;Hathi&rsquo; brand slippers. A catchphrase used to promote the brand &ldquo;Hathi Baliyo ki Hathi Chap Chappal&rdquo; became famous in the decades to come.&nbsp;</p>

<p style="text-align:justify">Rana is believed to have introduced the first pair of slippers manufactured in Nepal. Later, Noor founded the brand Goldstar in the nineties. Today, it has become Nepal&rsquo;s premium footwear brand known for its quality, durability and design and is produced in two factories in Kathmandu, Shankha Park and Balaju, and majorly exported to India. Today, the group produces Goldstar brand shoes under Kiran Shoes Manufacturer and Hathichhap brand sandals under Modern Slipper Industry. Both brands are exported to South Asian markets. In the year 2013, the government felicitated Kiran Shoes as the highest taxpayer in the export category.</p>

<p style="text-align:justify">Earlier, Noor started his business career trying his hands in the transport business in Bhairahawa. His breakthrough came when he started producing metal strings by importing Mica but it was his journey into the footwear industry that got him his major success. Afterwards, the group stepped into the dairy industry by establishing Integrated Dairy and Agro Products Pvt Ltd in 2004. The company is the producer of milk brand &lsquo;Anmol&rsquo;. The group is one of the major promoters of Kumari Bank, NMB Bank and Shikhar Insurance Co.</p>

<p style="text-align:center"><img alt="" src="/userfiles/images/Clipboard03%289%29.jpg" style="height:1502px; width:800px" /></p>

<div style="background: rgb(230, 230, 250); padding: 10px;">
<p><span style="font-size:16px"><strong>Financials</strong></span></p>

<ul>
	<li>Estimated annual turnover of&nbsp; Rs 15 billion</li>
</ul>

<p><span style="font-size:16px"><strong>Employment</strong></span></p>

<ul>
	<li>2,850 people</li>
</ul>

<p><span style="font-size:16px"><strong>Joint Venture</strong></span></p>

<ul>
	<li>Universal Elder Pharmaceutical Pvt Ltd is a JV with Elder Pharmaceuticals Ltd India</li>
</ul>

<p><span style="font-size:16px"><strong>Planned Investment</strong></span></p>

<ul>
	<li>Expand the verticals of footwear industry and go extensively on different variants with new designs. Planning to introduce new variants such as safety boots, utility, lifestyle and school shoes and shoes used by security forces.&nbsp;</li>
	<li>Opening a shoe factory in Bhairahawa</li>
</ul>

<p><span style="font-size:16px"><strong>Key Revenue Generator</strong></span><br />
Footwear companies especially Kiran Shoes Manufacturer</p>
</div>
',
			'published' => true,
			'created' => '2018-04-09',
			'modified' => '2018-04-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7675',
			'image' => '20180409104456_Clipboard01.jpg',
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	(int) 3 => array(
		'Article' => array(
			'id' => '7893',
			'article_category_id' => '217',
			'title' => 'Vishal Group',
			'sub_title' => '',
			'summary' => 'It was during the 1940s that the seeds of Vishal Group, a business group owned by an Agrawal family, were sown with the establishment of a fabric shop in Dharan. The Agrawal family was led by Gordhandas Agrawal who traded cloths in Dharan, after having moved from Ilam. ',
			'content' => '<p style="text-align:justify"><img alt="" src="/userfiles/images/Clipboard80.jpg" style="float:right; height:494px; margin:5px; width:100px" />It was during the 1940s that the seeds of Vishal Group, a business group owned by an Agrawal family, were sown with the establishment of a fabric shop in Dharan. The Agrawal family was led by Gordhandas Agrawal who traded cloths in Dharan, after having moved from Ilam. The family continued its sole focus on trading for the next few decades, and primarily on textile imports from India. Later, they started importing textiles from China as well.&nbsp;</p>

<p style="text-align:justify">Their progression into international trade, apart from India and China, started gradually as a trader of a range of industrial inputs and international FMCG brands for Nepal. Today, the group imports industrial inputs such as raw materials, semi finished goods and machineries and FMCG products from companies such as Procter and Gamble (P&amp;G), DIAGEO, United Biscuits, Tabasco, Moet &amp; Hennessy, Mentholatum and Orion, which in total accounts to international companies spread across 40 countries and leveraging its wide distribution network for their distribution throughout the country. For this reason, the group considers their engagement in trading and brand representation as one of its key strengths.&nbsp;</p>

<p style="text-align:justify">As the trading business thrived, Vishal Group started diversifying into multiple sectors during the 1980s. In 1987, they established Kamala Iron Industry which was later converted into Kamala Rolling Pvt Ltd. At the same time, the group was also engaged in manufacturing batteries. In the 1990s, they established a toothpaste manufacturing factory. The group also has a steel factory under its wing namely Mainawati Steel.&nbsp;</p>

<p style="text-align:justify">The group took another step towards further diversification, entering the financial sector in the mid 1990s to consolidate its position as a leading business house of Nepal. Today, Vishal Group is a prominent name in the financial sector, with a strong presence in the banking and insurance sector. The group joined a pool of investors and established NIC Bank in 1997 as a lead promoter which later merged with Bank of Asia to become the current NIC Asia Bank. Post merger, NIC Asia became one of the largest banks of Nepal. The group is also a leading promoter of NMB Bank. It stepped into the insurance sector in the year 2000 promoting Life Insurance Corporation (LIC) Nepal Ltd and Prudential General Insurance Company. The group has also forayed into the education sector by promoting Delhi Public School based in Biratnagar and Kathmandu and as a partner at Ace Institute of Management. It also has its presence in the automobile industry representing Volkswagen (Germany), Suzuki Motorcycle India Pvt Ltd and Kobelco Construction Machinery.</p>

<p style="text-align:center"><img alt="" src="/userfiles/images/Clipboard78.jpg" style="height:376px; width:800px" /></p>

<p style="text-align:center"><img alt="" src="/userfiles/images/Clipboard72%282%29.jpg" style="height:1103px; width:800px" /></p>

<div style="background: rgb(230, 230, 250); padding: 10px;">
<p><span style="font-size:16px"><strong>Employment</strong></span></p>

<ul>
	<li>10,000 people</li>
</ul>

<p><span style="font-size:16px"><strong>Planned Investments</strong></span></p>

<ul>
	<li>Education sector in the area of management, medical and training institutes&nbsp;</li>
	<li>Hydropower projects</li>
</ul>

<p><span style="font-size:16px"><strong>Key Business</strong></span></p>

<ul>
	<li>Trading and brand representation</li>
	<li>Banking and insurance sector</li>
	<li>Iron and steel industry</li>
</ul>

<p><span style="font-size:16px"><strong>Joint Venture</strong></span></p>

<ul>
	<li>LIC (Nepal) Ltd is a JV between Life Insurance Corp of India and Vishal Group</li>
	<li>Care Rating Nepal is a JV between CARE Ratings Limited (India), an international credit rating institution, Vishal Group, Emerging Nepal Ltd, Nepal Reinsurance Company Limited, Global IME Bank Limited, Prudential Insurance Company Ltd and Life Insurance Corporation Nepal Ltd</li>
	<li>NMB Bank is a JV with FMO, a Netherlands-based development bank</li>
	<li>Kathmandu and Biratnagar based Delhi Public School are franchises of Delhi Public School Society of India</li>
</ul>
</div>
',
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			'created' => '2018-04-09',
			'modified' => '2018-04-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7674',
			'image' => '20180409102851_Clipboard77.jpg',
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	(int) 4 => array(
		'Article' => array(
			'id' => '7892',
			'article_category_id' => '217',
			'title' => 'Vaidya Organization of Industries and Trading Houses (VOITH)',
			'sub_title' => '',
			'summary' => 'After completing his master’s degree in economics from Calcutta University in India, Vijaya Gajananda Vaidya returned to Nepal where he worked as a gazetted officer for the then Ministry of Foreign Affairs for two years and then switched to United States Agency for International Development (USAID) ',
			'content' => '<div class="content-wrapper" style="box-sizing: border-box; padding-left: 10px;">
<div class="highlight-column" style="box-sizing: border-box; width: 200px; padding: 5px; float: right; clear: left; margin-left: 5px; margin-top: 5px; margin-bottom: 5px; text-align: center; background: rgb(230, 230, 250);">
<p><span style="font-family:helvetica neue,helvetica,arial,sans-serif; font-size:14.84px"><img alt="Suraj Vaidya, Chairman,  Vaidya Organization of Industries and Trading Houses (VOITH)" src="/userfiles/images/Clipboard67%284%29.jpg" style="height:254px; width:190px" /></span><strong>Suraj Vaidya</strong><br />
Chairman&nbsp;<br />
Vaidya Organization of Industries and Trading Houses (VOITH)</p>
</div>
</div>

<p>After completing his master&rsquo;s degree in economics from Calcutta University in India, Vijaya Gajananda Vaidya returned to Nepal where he worked as a gazetted officer for the then Ministry of Foreign Affairs for two years and then switched to United States Agency for International Development (USAID) where he worked for around five years. He worked another year for a Washington-based research institute and that was the end of his career as an employee.&nbsp;</p>

<p>At the age of 29 with USD 700 in his pocket, Vaidya invested the amount in establishing United Traders Syndicate (UTS) that became the sole distributor of Toyota Motors in Nepal. Back then, UTS introduced the Toyota Corona Saloon in 1969 and Corolla in 1973. In the early 2000s, UTS introduced the Hiace brand of passenger vehicles in Nepal. With five decades in Nepal, the Toyota brand has won the hearts of Nepalis for its quality and durability and has solidified VOITH&rsquo;s reputation in the automobile industry. On the other hand, Agni Incorporated, another subsidiary company of VOITH, is the authorised distributor of Mahindra &amp; Mahindra vehicles in Nepal. The Indian automobile is gradually becoming a favourite four-wheeler brand in Nepal.&nbsp;</p>

<p>Apart from automobiles, VOITH has diversified into agro processing, tea, construction, feed production, insurance, animal husbandry and technical education. VOITH has had a robust presence in the tea industry since 1999 with subsidiary companies such as Guranse Tea Estate, Mai-Ilam Guranse Tea Industries and Nirvana Tea Processing and Packaging producing, storing, processing and exporting high quality Nepali orthodox tea.&nbsp; VOITH&rsquo;s portfolio also includes the insurance sector with Suraj Vaidya as one of the promoters of Lumbini General Insurance Company.</p>

<p style="text-align:center"><img alt="" src="/userfiles/images/Clipboard71%283%29.jpg" /></p>

<div style="background: rgb(230, 230, 250); padding: 10px;">
<p><span style="font-size:16px"><strong>Joint Venture</strong></span></p>

<ul>
	<li>Nepal Wellhope Agri-Tech Private Limited is a JV between VOITH and China&rsquo;s Liaoning Wellhope Agritech Company</li>
	<li>Serving Minds Private Limited is a joint venture between VOITH and the Mercantile Group&nbsp;</li>
</ul>

<p><span style="font-size:16px"><strong>Financials&nbsp;</strong></span></p>

<ul>
	<li>VOITH&rsquo;s estimated annual turnover is approximately Rs 20 billion.</li>
</ul>

<p><span style="font-size:16px"><strong>Key Business&nbsp;</strong></span></p>

<ul>
	<li>Agri based businesses such&nbsp;as tea</li>
	<li>Trading of&nbsp;four-wheelers</li>
</ul>

<p><span style="font-size:16px"><strong>Planned Investments</strong></span></p>

<ul>
	<li>Tourism (Resort)</li>
	<li>IT</li>
	<li>Alternative Energy</li>
	<li>Automobile parts</li>
	<li>Education</li>
	<li>Electric Bicycle Assembly Plant</li>
</ul>
</div>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '7673',
			'image' => '20180409102505_Clipboard70.jpg',
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	(int) 5 => array(
		'Article' => array(
			'id' => '7891',
			'article_category_id' => '1',
			'title' => 'India to extend railway up to Kathmandu',
			'sub_title' => '',
			'summary' => 'April 8: At a time when China is preparing to extend railway service to Nepal, southern neighbor India has announced to construct a railway line to connect Raxual with Kathmandu.',
			'content' => '<p>April 8: At a time when China is preparing to extend railway service to Nepal, southern neighbor India has announced to construct a railway line to connect Raxual with Kathmandu.</p>

<p>The announcement was made during Nepali Prime Minister KP Sharma Oli&#39;s state visit to India.</p>

<p>PM Oli along with his Indian counterpart Narendra Modi on Saturday, April 7, made three crucial bilateral agreements at Hydrabad House in New Delhi which includes the construction of the Raxual-Kathmandu railway line.</p>

<p>The Indian PM also agreed to support Nepal for its access to sea through waterways for conducting trade with third countries.&nbsp;</p>

<p>Similarly, the two countries have also agreed to work jointly for agriculture development projects.</p>

<p>Both the nations aiming for overall economic, social, political and cultural betterment issued a 12-point joint statement on Saturday.&nbsp;</p>

<p>The statement denotes that PM from both the neighboring countries have agreed for enhancing friendly relations and overall betterment of the nation and its citizens.</p>

<p>Similarly, Modi and Oli jointly launched the Integrated Customs Point of Birgunj and the Motihari-Amlekhgunj petroleum pipeline from New Delhi.</p>

<p>PM Oli who landed in New Delhi on Friday is scheduled to arrive back in Kathmandu on Sunday.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7672',
			'image' => null,
			'article_date' => '2018-04-08 00:00:00',
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	(int) 6 => array(
		'Article' => array(
			'id' => '7890',
			'article_category_id' => '1',
			'title' => 'ICP Inaugurated',
			'sub_title' => '',
			'summary' => 'April 8: Prime Minister K P Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Integrated Customs Point (ICP) of Birgunj remotely from New Delhi-based Hyderabad House on Saturday, April 7. ',
			'content' => '<p>April 8: Prime Minister K P Sharma Oli and his Indian counterpart Narendra Modi jointly inaugurated the Integrated Customs Point (ICP) of Birgunj remotely from New Delhi-based Hyderabad House on Saturday, April 7. &nbsp;The ICP was set up with the Indian assistance to facilitate import and export of goods between the two countries.</p>

<p>After the inauguration, PM Oli pointed out to the need of such ICPs as well as road, rail and water networks between the two countries for the promotion of bilateral trade.</p>

<p>&quot;We have discussed about opening four ICPs,&quot; said Oli during a press meet held after the inauguration during his three-day state visit to India. The other three ICPs at Biratnagar, Bhairahawa and Nepalgunj are currently under construction.</p>

<p>During the occasion, PM Oli said that although Nepal and India are geographically close, there are lots of hurdles in trade due to poor infrastructure.</p>

<p>&quot;Discussions were held with Indian Prime Minister Narendra Modi about opening new roadways, railways and waterways,&quot; added Oli.</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7671',
			'image' => null,
			'article_date' => '2018-04-08 00:00:00',
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	(int) 7 => array(
		'Article' => array(
			'id' => '7889',
			'article_category_id' => '1',
			'title' => 'Huawei to Launch Two New Smartphones',
			'sub_title' => '',
			'summary' => 'April 8: Huawei has announced to launch two new smartphones – Y9 2018 and Y7 Pro 2018 – in the Nepali market. ',
			'content' => '<p>April 8: Huawei&nbsp;has announced to launch two new smartphones &ndash; Y9 2018 and Y7 Pro 2018 &ndash; in the Nepali market. The company made such announcement amid a function organised in the capital on Sunday, April 8.</p>

<p>According to the company, both the smartphones are available at very reasonable rates. &ldquo;Y9 2018 is an intelligent camera phone, which has facial recognition system and an EMUI 8.0 operating system with 3 GB and 32 GB ROM,&rdquo; a statement issued by the company reads.</p>

<p>Similarly, Y9 2018 has dual rear cameras of 13 MP and 2 MP, and the front cameras of 16 MP and 2 MP. Y9 also has large screen, 4000 mAh battery, triple slot dual SIM feature, and 32 GB internal memory expandable up to 256 GB.</p>

<p>Likewise, Huawei Y7 Pro 2018 has a front camera of 8 MP with selfie toning flash, and dual main camera of 13 MP and 2 MP. Similarly, it has a battery of 3000 mAh, and Android TM 8.0 EMUI 8.0 operating system. Both the smartphones are available in only three colors &ndash; black, gold and blue.</p>

<p>Huawei Y9 2018 is available at Rs 25,900, while Huawei Y7 Pro 2018 costs Rs 20,900.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-09',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7670',
			'image' => '20180409023008_huwaei.jpg',
			'article_date' => '2018-04-08 00:00:00',
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	(int) 8 => array(
		'Article' => array(
			'id' => '7887',
			'article_category_id' => '1',
			'title' => 'Tea Tasting in Everest Region',
			'sub_title' => '',
			'summary' => 'April 8: The National Tea and Coffee Development Board is organising the Third International Tea Festival.',
			'content' => '<p>April 8: The National Tea and Coffee Development Board is organising the Third International Tea Festival.</p>

<p>As part of the three-day festival, the board organised a tea tasting event at Syamgboche in the Everest region on Saturday, April 7, in order to promote Nepali tea in the international market.</p>

<p>Nineteen tea promoters of 13 different countries took part in the tea tasting event, according to Gaurab Luitel, planning officer of the board.</p>

<p>Sharyn Johnston of Australia, who has visited Nepal many times, cherished the tea tasting experience in Everest as a memorable moment of her life. Nepali orthodox tea were also displayed during the event.</p>

<p>President of the board, Deepak Khanal, said that a logo of Nepali tea was launched from the Everest region.</p>

<p>Minister for Agriculture, Land management and Cooperatives Chakrapani Khanal inaugurated the event.&nbsp;</p>

<p>&quot;The ministry will play a role of mediator to take Nepali tea to the international market,&quot; said Minister Khanal during the inauguration ceremony.</p>

<p>&quot;The government will leave no stone unturned for the development of agriculture sector as more than half of the population of Nepal is dependent on agriculture,&quot; said Minister Khanal.&nbsp;</p>

<p>The minister also made a commitment to bring new strategies to promote Nepali products in the international market.&nbsp;</p>

<p>National and international experts presented their papers regarding the promotion of Nepali tea during the event.</p>

<p>According to the National Tea and Coffee Development Board, around 24 million kg of tea is being produced in Nepal annually, of which 5.5 million kg is orthodox tea.</p>

<p>&nbsp;</p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '7669',
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	(int) 9 => array(
		'Article' => array(
			'id' => '7888',
			'article_category_id' => '1',
			'title' => 'Turkey to import Nepali Yarn again',
			'sub_title' => '',
			'summary' => 'April 8: Nepal is all set to resume export of yarn made of raw thread and polyester fiber to Turkey. ',
			'content' => '<p>April 8: Nepal is all set to resume export of yarn made of raw thread and polyester fiber to Turkey. Yarn producers of Nepal are excite to export their threads to the middle-east nation after the government of Turkey renewed its commitment to give continuity to the duty-free access to the Nepali yarn industries under its General System of Preference (GSP).</p>

<p>Turkey had been providing duty-free access to the Nepali yarn producers in the past considering Nepal as an under-developed country. However, the Turkish government stopped providing the facility to Nepali producers in 2018 under suspicion that they were exporting threads made in third countries.</p>

<p>After Turkey removed the duty-free access, the Ministry of Commerce had conducted investigations to find out whether the yarn exported to Turkey were genuinely made in Nepal or not. Commerce Secretary Chandra Prasad Ghimire informed that the Turkey&#39;s commerce ministry had also supported the investigation.</p>

<p>Members of the investigation team had inspected four spinning mills during their field visit.</p>

<p>According to Joint-Secretary at the ministry, Rabi Kisan Sainju, the investigation found that the Nepali producer imported raw materials from abroad but processed the yarn within the country. The final products were then exported to Turkey, added Sainju.</p>

<p>A team of Nepali producers led by Sainju is currently in Turkey to report the findings of the investigation. The team has submitted the details of the investigation to the director general of the Turkish department of import and the Turkish government is reportedly positive about the investigation report. &nbsp;</p>

<p>After receiving the report, the Turkish officials have made a commitment to lift the sanction.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp; &nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7668',
			'image' => null,
			'article_date' => '2018-04-08 00:00:00',
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	(int) 10 => array(
		'Article' => array(
			'id' => '7886',
			'article_category_id' => '1',
			'title' => '10th Enfield Rendezvous and Poker Run Starts on April 13',
			'sub_title' => '',
			'summary' => 'April 8: The 10th Annual Enfield Rendezvous and Poker Run will kick off on April 13. ',
			'content' => '<p>April 8: The 10th Annual Enfield Rendezvous and Poker Run will kick off on April 13. Organized every year by Sacred Summit, an adventure company, the 10th edition of Royal Enfield Poker Run will start from Kathmandu and will conclude in Pokhara on April 15. More than 300 bikers will be taking part in the poker run. Different programmes will be organized on the occasion of Nepali New Year after reaching Pokhara and winners will also be awarded, the organisers informed during a recent press conference.</p>

<p>Beside Nepal and India, riders from Bhutan, German, USA, Denmark, Switzerland, Australia, France and the Chez Republic will be participating in the ride.</p>

<p>Poker run is a fun and adventures race. The race is organized around the globe.</p>

<p>Interested people can pay Rs 11,999 to participate in the event. &nbsp;&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'description' => '',
			'sortorder' => '7667',
			'image' => '20180408020336_poker-run-700x366.jpg',
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	(int) 11 => array(
		'Article' => array(
			'id' => '7885',
			'article_category_id' => '1',
			'title' => 'Royal Challenge Whisky now in Nepali Market',
			'sub_title' => '',
			'summary' => 'April 8: Nepal Liquors Pvt Ltd has formally launched the Royal Challenge Whisky in the Nepali market.',
			'content' => '<p>April 8: Nepal Liquors Pvt Ltd has formally launched the Royal Challenge Whisky in the Nepali market. According to the company, the Royal Challenge Whisky is a grain-based whisky matured in American casks.</p>

<p>&ldquo;Apart from the deep and intensely smooth blend of scotch and premium Indian grains in Royal Challenge whisky, American charred oak casks are used for ageing, during which it gains color and flavor from the caramelized sugars in the charred wood and infuses the whiskey with a unique taste,&rdquo; said Rajesh Prakash, general manager for sales and marketing at Nepal Liquors Pvt Ltd.</p>

<p>Issuing a press statement, the company said that the brand has the Royal Challenge emblem of the lion and roundel and comes in a new packaging of black and red clutter, making the looks more distinctive, premium, masculine and bold.</p>

<p>The launching price of the Royal Challenge Whiskey is Rs 1360 for 750 ml, Rs 680 for 375 ml, Rs 340 for 180 ml packs.</p>

<p>Nepal Liquors Pvt Ltd (formerly known as United Spirits Nepal Pvt Ltd) is a company recently acquired by a Nepali entrepreneur, Rajesh Bir Singh Tuladhar, from United Spirits Limited of India and has the license as a franchisee to bottle and market popular brands of the Indian company.</p>

<p>Nepal Liquors Pvt Ltd said it has various leading brands under its umbrella like the Antiquity Blue Whisky, Signature Premier Whisky, Signature Rare Whisky, McDowell&#39;s No1 Whisky, McDowell&#39;s No1 Celebration Rum, and Blue Ribband Gin.</p>

<p>&nbsp;</p>
',
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			'created' => '2018-04-08',
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	(int) 12 => array(
		'Article' => array(
			'id' => '7884',
			'article_category_id' => '1',
			'title' => 'Kumari Bank’s Health Camp',
			'sub_title' => '',
			'summary' => 'April 8: Kumari Bank Limited organized 'Health Camp' at its Putalisadak office in collaboration with Norvic International Hospital on the occasion of the bank's 17th anniversary on April 6.',
			'content' => '<p>April 8: Kumari Bank Limited organized &#39;Health Camp&#39; at its Putalisadak office in collaboration with Norvic International Hospital on the occasion of the bank&#39;s 17<sup>th</sup> anniversary on April 6. The hospital provided 30 percent discount in medical checkup for the health camp. The bank said it witnessed encouraging participation from employees, shareholders and customers. As per the press statement issued by the bank, it will be carrying out various activities through its branches under its corporate social responsibility to mark the anniversary week.</p>

<p>Kumari Bank was established as the 15<sup>th</sup> commercial bank of Nepal and started its operation 17 years ago. Currently, Kumari Bank claimed that it has become the first bank to use the latest version of Finacle (Core Banking Software) and was the first to introduce internet banking service in Nepal. The bank has been providing various banking services through 72 branches, two extension counters and 58 ATMs.</p>
',
			'published' => true,
			'created' => '2018-04-08',
			'modified' => '2018-04-08',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7665',
			'image' => '20180408011934_Clipboard01.jpg',
			'article_date' => '2018-04-08 00:00:00',
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			'main_news' => true,
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	(int) 13 => array(
		'Article' => array(
			'id' => '7883',
			'article_category_id' => '1',
			'title' => 'Only 113 Public Vehicles Registered',
			'sub_title' => '',
			'summary' => 'April 6: The end of syndicate system in transport sector will be beneficial not only for the public but also for the government. ',
			'content' => '<p>April 6: The end of syndicate system in transport sector will be beneficial not only for the public but also for the government. The government can collect huge amount of revenue if it becomes able to bring more than 200,000 public vehicles under company. According to the statistics of the Department of Transport Management (DoTM), only 113 registered public vehicles are paying tax. However, the number of public vehicles in the country is more than 200,000. The government is losing millions of rupees annually for not registering the vehicles under Companies Act, 2063.&nbsp;</p>

<p>The existing system of obtaining route permit on the recommendation of transport committees has made it easy for transport entrepreneurs to evade tax.&nbsp;</p>

<p>Since company registration for public vehicles is not compulsory, and the government authorities neglect tax collection, the state coffers has been losing a lot of revenue.</p>

<p>&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2018-04-06',
			'modified' => '2018-04-06',
			'keywords' => '',
			'description' => '',
			'sortorder' => '7664',
			'image' => null,
			'article_date' => '2018-04-06 00:00:00',
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	(int) 14 => array(
		'Article' => array(
			'id' => '7882',
			'article_category_id' => '99',
			'title' => 'Government aims at drawing in 1.5m tourists each year',
			'sub_title' => '',
			'summary' => 'April 6: The government has decided to develop new websites, which will be in Hindi and Chinese languages, with an aim to draw in 1.5 million tourists every year by the end of 2020.',
			'content' => '<p>April 6: The government has decided to develop new websites, which will be in Hindi and Chinese languages, with an aim to draw in 1.5 million tourists every year by the end of 2020.</p>

<p>The government is developing the websites keeping in mind that the country has immense opportunities to attract Indian and Chinese tourists. The government data also show that majority of tourists coming to Nepal are from the southern and northern neighbours.</p>

<p>According to Rabindra Adhiraki, minister for culture, tourism, and civil aviation, the government is developing the websites to attract additional tourists from both the neighboring countries.</p>

<p>&ldquo;Apart from developing the websites, the government will also organize different cultural events, among others to promote tourism in the country,&rdquo; he said.</p>

<p>In the last five years, a total of 670,000 Indian tourists and 512,631 Chinese tourists have visited Nepal. Meanwhile, the Indian tourists coming to Nepal via roadway is not included in the data.</p>

<p>It is estimated that a total of 200 million Chinese and 50 million Indian will visit foreign countries as tourists in 2020. Minsiter Adhikari says that the tourism sector of the country will drastically improve if Nepal succeeds to attract one percent of those tourists.</p>

<p>However, the tourism entrepreneurs have been asking the government to increase investment in the tourism sector. According to Binayak Shah, a tourism entrepreneur, who is also the general secretary of Hotel Association of Nepal (HAN), the government should seriously work to develop the tourism sector.&nbsp;&nbsp;</p>

<p>&nbsp;</p>
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			'created' => '2018-04-06',
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			'sortorder' => '7663',
			'image' => null,
			'article_date' => '2018-04-06 00:00:00',
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