
December 14: Japanese brand Miniso is all set to open a showroom in…
December 14: Japanese brand Miniso is all set to open a showroom in…
December 14: Everest Bank has become the main sponsor of inter-college futsal scheduled for…
December 14: Gandaki Bikas Bank has opened a branch in Samakhushi,…
December 14: Global IME Bank and MetLife Insurance have signed a bancassurance…
December 13: In a meeting with Confederation of Nepalese Industries (CNI), Ambassador at European Union Delegation to Nepal, Veronica Cody has expressed commitment to continuously help in promoting Nepal’s business and economic…
December 13: Laxmi Bank has introduced a new deposit product named “Lakshit Muddati” (Recurring…
December 13: IME Ltd. and Muthoot Finance, an India-based financial corporation, have signed an agreement for Indo-Nepal remittance…
December 13: As the country’s one and only dry port at Birgunj faces infrastructural crunch, importers are subjected to high transaction costs.…
December 13: Advanced Automobiles Pvt. Ltd., Renault’s authorized distributor in Nepal and a part of Vishal Group Pvt. Ltd., has announced ‘Renault Service Camp’ starting from December 12 to January 4.…
December 12: Dabur Nepal has launched Dabur Chyawanprash, a sugar-free variant of its popular ayurvedic product…
December 12: CG Mobiles has recently launched Astro Power in the Nepali market with a price tag of Rs…
December 12: European Union (EU) is likely to delist Nepal from its Serious Security Concerns (SSC) that placed Nepal’s aviation in EU’s blacklist in December 6,…
December 12: CBIL Capital, a sister organization of Citizens Bank International, has unveiled its new logo and website during its 11th anniversary, which was held…
December 12: Nepal’s largest wind-solar hybrid power system installed at Hariharpurgadi village of Sindhuli district has come into operation since Tuesday.…
December 12: Citizens Bank International has opened a branch in Banglachuli of…
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Binayak Group, which has been running a supermarket in Pokhara for the last 30 years, is bringing Miniso in Pokhara. The showroom will open at Chipledhunga from Thursday, December 14. High quality Japanese products ranging from Rs 129 to Rs 7,000 will be available at affordable rates at the showroom, informed Binayak Group’s Managing Director Prabin Pokharel. According to the company’s Director Pratish Pokharel, the showroom will have an investment amounting to Rs 20 million in the first phase.</span></p> ', 'published' => true, 'created' => '2017-12-14', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6907', 'image' => '20171214115346_miniso.jpg', 'article_date' => '2017-12-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '7125', 'article_category_id' => '1', 'title' => 'Everest Bank Sponsors Inter-College Futsal', 'sub_title' => '', 'summary' => 'December 14: Everest Bank has become the main sponsor of inter-college futsal scheduled for Thursday.', 'content' => '<p><span style="font-size:13px">December 14: Everest Bank has become the main sponsor of inter-college futsal scheduled for Thursday. The bank’s CEO Someshwar Seth and Saroj Sharma Dhungana, event manager of the organizing company Proxy Infotech Solution, signed the sponsorship deal amid a function on Tuesday, December 12. After the agreement, the one-day event has been named as Everest Bank Inter-college Tournament. Altogether 20 teams divided into four groups will participate in the tournament played in a league-cum-knockout format. The winner will win Rs 55,000 while the runner-up will be awarded Rs 25,000.</span></p> ', 'published' => true, 'created' => '2017-12-14', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6906', 'image' => '20171214115506_everest.jpg', 'article_date' => '2017-12-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '7124', 'article_category_id' => '1', 'title' => 'Gandaki Bikas Bank Opens Branch in Samakhushi', 'sub_title' => '', 'summary' => 'December 14: Gandaki Bikas Bank has opened a branch in Samakhushi, Kathmandu.', 'content' => '<p><span style="font-size:13px">December 14: Gandaki Bikas Bank has opened a branch in Samakhushi, Kathmandu. Nepal Rastra Bank’s Deputy Governor Shiva Raj Shrestha inaugurated the branch amid a function on Tuesday, December 12. During the function, the bank’s CEO Resham Bahadur Thapa shed light about the bank’s financial status, services as well as its activities. The branch offers all kinds of services including deposits, loan, ABBS, mobile banking among others, according to the bank. The bank recently opened a branch in Birgunj as part of its plan to expand service in the rural and urban areas lacking financial service.</span></p> ', 'published' => true, 'created' => '2017-12-14', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6905', 'image' => '20171214115430_samakhushi img.jpg', 'article_date' => '2017-12-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '7126', 'article_category_id' => '1', 'title' => 'Global IME, MetLife Sign Bancassurance Agreement', 'sub_title' => '', 'summary' => 'December 14: Global IME Bank and MetLife Insurance have signed a bancassurance agreement.', 'content' => '<p><span style="font-size:13px">December 14: Global IME Bank and MetLife Insurance have signed a bancassurance agreement. The bank’s CEO Janak Sharma Poudel and the insurance company’s Executive Director Nirmal Kaji Shrestha signed the agreement recently. As per the agreement, the bank’s customers will now be able to avail every all kind of MetLife insurance services at Global IME’s branches.</span></p> ', 'published' => true, 'created' => '2017-12-14', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6904', 'image' => null, 'article_date' => '2017-12-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '7122', 'article_category_id' => '1', 'title' => 'EU, CNI Meet, Talks about Opening EU Bank in Nepal', 'sub_title' => '', 'summary' => 'December 13: In a meeting with Confederation of Nepalese Industries (CNI), Ambassador at European Union Delegation to Nepal, Veronica Cody has expressed commitment to continuously help in promoting Nepal’s business and economic development.', 'content' => '<p>December 13: In a meeting with Confederation of Nepalese Industries (CNI), Ambassador at European Union Delegation to Nepal, Veronica Cody has expressed commitment to continuously help in promoting Nepal’s business and economic development.</p> <p>During the meeting at CNI’s secretariat office, Cody mentioned the probability of establishing a European Union Bank in Nepal. She explained that a separate team will visit Nepal in the near future for a feasibility assessment of the EU Bank in Nepal. “The probability of Nepal’s development has been intensified after the central, provincial and local election,” Cody mentioned, adding, “EU will possibly expand its help in the field of public health, education and promotion of private businesses.”</p> <p>Hari Bhakta Sharma, president of CNI, expressed that cooperation from development partner organization like EU will prove beneficial in the changed political context of Nepal where governments and political parties have placed high value on political stability and economic agendas.</p> <p>Sharma noted that CNI successfully completed various small export promotion projects and two conferences on infrastructure in the past three years in collaboration with the EU. He further informed that the CNI envisage operating ‘Industrial Excellence Center’ in the future with a view to boost industrial production and improve quality. During the meeting, Sharma also proposed for EU’s cooperation in operating the excellence center. </p> <p>The meeting was attended by CNI officials and members from governing council.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6903', 'image' => '20171214120301_IMG_0024.jpg', 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '7117', 'article_category_id' => '1', 'title' => 'Laxmi Bank Introduces Recurring Deposit', 'sub_title' => '', 'summary' => 'December 13: Laxmi Bank has introduced a new deposit product named “Lakshit Muddati” (Recurring Deposit).', 'content' => '<p><span style="font-size:13px">December 13: Laxmi Bank has introduced a new deposit product named “Lakshit Muddati” (Recurring Deposit).</span></p> <p>Issuing a press statement, the bank said that the Recurring Deposit is an ideal investment option for customers with regular income to earn higher interest on their monthly deposit. </p> <p>Recurring Deposit provides great flexibility for customers to choose a fixed monthly amount starting from Rs 500 to be automatically debited every month on their chosen date from their savings account.</p> <p>Lakshit Muddati can be opened for a fixed term of 1 year and up to 5 years. Further, all Lakshit Muddati account holders will get the benefit of free DMAT account from Laxmi Capital, the bank said in the statement.</p> <p>The new scheme is available for all existing and new savings account holders of the bank with an introductory rate of up to 9.0% pa.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '6898', 'image' => '20171213022849_Laxmi Bank.jpg', 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '7116', 'article_category_id' => '1', 'title' => 'IME and Muthoot Finance Sign Agreement for Indo-Nepal Remittance Service', 'sub_title' => '', 'summary' => 'December 13: IME Ltd. and Muthoot Finance, an India-based financial corporation, have signed an agreement for Indo-Nepal remittance services.', 'content' => '<p><span style="font-size:13px">December 13: IME Ltd. and Muthoot Finance, an India-based financial corporation, have signed an agreement for Indo-Nepal remittance services. Khilendra Paudel, chief operating officer of IME and KR Bijimon, chief general manager of Muthoot Finance signed the agreement in a program at IME’s corporate office at Panipokhari, Kathmandu on December 10.</span><span style="font-size:13px">Issuing a press statement, IME expressed its belief that the partnership would greatly benefit the Nepali community in India by easing remitting to Nepal. “Muthoot Finance’s 4,600+ branches across India will make it convenient for the Nepalis to send remittances. The receivers in Nepal can receive the amount through more than 7,100 local agents of IME in Nepal,” reads the statement.</span></p> <p>IME said it will also provide account deposit facilities to these customers besides cash payment options. IME is confident that the agreement will enhance its business and customers’ experience.</p> <p style="margin-left:.25in"> </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '6897', 'image' => '20171213022358_Picture-2 (1).jpg', 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '7115', 'article_category_id' => '1', 'title' => 'Infrastructure Crunch at Birgunj Port Compels Nepali Importers to Pay Heavy Fines', 'sub_title' => '', 'summary' => 'December 13: As the country’s one and only dry port at Birgunj faces infrastructural crunch, importers are subjected to high transaction costs. ', 'content' => '<p><span style="font-size:13px">December 13: As the country’s one and only dry port at Birgunj faces infrastructural crunch, importers are subjected to high transaction costs. Lack of upgrading of the physical infrastructure and technology at the dry port since the operational year in 2004 has led the importers to pay heavy fines to Indian Railways as well as the dry port operator - Himalayan Terminal Pvt. Ltd. </span></p> <p>Importers complained that lack of necessary equipment for loading and unloading the imported goods has caused delay in transport of goods from Raxaul and caused them to pay fines. According to importers, they are allowed two hours to finish their paper work and additional seven hours from unloading their goods. The railway company charges Rs. 150 for every hour of delay hence after. One of the importers complained that they are also compelled to pay separate fines to the shipping company for not being able to return the containers on time<strong>. </strong></p> <p>“The dry port operator charges us fine for the delay actually caused by them,” an importer complained requesting anonymity. </p> <p>According to coordinator of the Road Transportation and Transit Committee at FNCCI, Ashok Kumar Temani, it is likely that such fines annually translate into billions of rupees which increase their transaction costs. According to importers such increase in transaction costs eventually affects the consumers as price increases.</p> <p>“One of the reasons for such delay is lack of sufficient cranes and reach stackers for loading and unloading goods”, Vice Chairman Kashiraj Upadhaya of Federation of Nepal Customs Agent said. On the other hand, Senior Officer at the Himalayan Terminal Finance Department Animesh Kumar Karna has refuted it saying that the dry port operator is fully equipped with cranes and the problem is actually caused by the existing narrow cargo management area and delays in its expansion. </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '6896', 'image' => null, 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '7114', 'article_category_id' => '1', 'title' => 'Renault Service Camp across the Nation', 'sub_title' => '', 'summary' => 'December 13: Advanced Automobiles Pvt. Ltd., Renault’s authorized distributor in Nepal and a part of Vishal Group Pvt. Ltd., has announced ‘Renault Service Camp’ starting from December 12 to January 4. ', 'content' => '<p><span style="font-size:13px">December 13: Advanced Automobiles Pvt. Ltd., Renault’s authorized distributor in Nepal and a part of Vishal Group Pvt. Ltd., has announced ‘Renault Service Camp’ starting from December 12 to January 4. In a press statement, the company said that the camp intends to provide its customers with top car care and servicing solutions in major cities of the country.</span></p> <p>The service will be available at Sahara Automobiles and Company Pvt. Ltd. Birtamode, Jhapa on Dec 12-13; Mahabir Automobile, Biratnagar on Dec 14-15; New Narayani Motors, Janakpur on Dec 17; United Auto Concern, Narayangarh on Dec 19-20; Zupiter Wheels, Butwal on Dec 22-23; Bhairahawa Auto Company, Bhairahawa on Dec 24-25; Joshi Auto Villa, Dang on Dec 27, Bageshwori Trade International, Nepalgunj on Dec 29, Vishesh Moto Corp Pvt Ltd, Dhangadi on Dec 31 and Jonchhen Traders, Pokhara on Jan 2-4.</p> <p>According to the company, the campaign with a tagline of ‘Give your car the best care’, assures its customers with the best and exemplary servicing and repairs. It offers free labour charges, 15% discount on lubricants, free refilling up to 200 gm AC, 10% discount on spare parts, free comprehensive vehicle check-up and top wash, and free coolant top up, the statement said.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '6895', 'image' => '20171213012321_Picture (1).jpg', 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '7112', 'article_category_id' => '1', 'title' => 'Dabur Nepal Launches Sugar-free Chyawanprash', 'sub_title' => '', 'summary' => 'December 12: Dabur Nepal has launched Dabur Chyawanprash, a sugar-free variant of its popular ayurvedic product Chyawanprash.', 'content' => '<p><span style="font-size:13px">December 12: Dabur Nepal has launched Dabur Chyawanprakash, a sugar-free variant of its popular ayurvedic product Chyawanprash.</span></p> <p>According to the company, the new product is targeted at calorie-conscious consumers. Dabur Nepal said that it developed the sugar-free Chyawanprakash to address their consumers’ concern about obesity and cholesterol.</p> <p>“Chyawanprakash offers the goodness of Chyawanprash, in a sugar-free form that makes it more appealing to the health-conscious Nepalese consumers and is safe for diabetics,” Dabur Nepal’s Head of Marketing Abhaya Prasad Gorkhalee said.</p> <p>The release further states, “Chyawanprakash is a concoction of over 40 natural ingredients that protects from day to day ailments like cough and cold, helps provide strength and stamina and helps in healthy ageing.”</p> <p>The sugar-free product is available in two pack size – 500 gm and 900 gm – priced at Rs 275 and Rs 485 respectively.</p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-19', 'keywords' => '', 'description' => '', 'sortorder' => '6893', 'image' => '20171212052318_Chyawanprakash Pack.jpg', 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '7111', 'article_category_id' => '1', 'title' => 'CG Mobiles Launches Astro Power', 'sub_title' => '', 'summary' => 'December 12: CG Mobiles has recently launched Astro Power in the Nepali market with a price tag of Rs 2,499.', 'content' => '<p><span style="font-size:13px">December 12: CG Mobiles has recently launched Astro Power in the Nepali market with a price tag of Rs 2,499. Astro Power is an addition to the Astro series of CG Mobiles, the company said in a statement.</span></p> <p>According to the company, the device comes with massive 5000 mAh battery and free OTG cable which allows the customers to charge other mobile devices as this phone functions as power bank as well.</p> <p>Astro Power offers 2.4” QVGA display that makes the screen brighter enough to deliver high-quality visual content to the customer. The handset is equipped with loud speakers which allow the users to enjoy music and videos with improved sound. With availability of all wireless FM and other full multimedia, it is a complete package for people using feature phones, the company claimed.</p> <p>This device also offers an inbuilt powerful Triple Led Torch Light along with hands-free call feature and replacement policy within 100 days.</p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6892', 'image' => '20171212051828_Mobile Pic 01.jpg', 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '7110', 'article_category_id' => '1', 'title' => 'Nepal Likely to be Delisted from EU Aviation Security List', 'sub_title' => '', 'summary' => 'December 12: European Union (EU) is likely to delist Nepal from its Serious Security Concerns (SSC) that placed Nepal’s aviation in EU’s blacklist in December 6, 2013.', 'content' => '<p><span style="font-size:13px">December 12: European Union (EU) is likely to delist Nepal from its Serious Security Concerns (SSC) that placed Nepal’s aviation in EU’s blacklist in December 6, 2013.</span></p> <p>The probability has risen after International Civil Aviation Organization (ICAO) removed Civil Aviation Authority of Nepal (CAAN) from its SSC list. Earlier, Nepal achieved significant improvements in ICAO standards as marked in its test audit that took place from July 4 to 11.</p> <p>However, EU is yet to lift the ban imposed on Nepali airlines to operate flights in EU countries. Sanjiv Gautam, director general at Civil CAAN said, “Though we have contacted EU after CAAN’s removal from ICAO’s blacklist, EU has not lifted its ban yet and sought additional information.” Nepal was listed in EU’s SSC list based on ICAO’s Aviation Security Audit Program that listed Nepal in its SSC list in July, 2013.</p> <p>Gautam informed that CAAN’s current focus lies in removing Nepal from EU’s SSC list. According to Gautam, Nepal’s aviation sector has progressed in terms of international security and standards and will discuss the same with EU during their visit to Brussels, Belgium in January. EU has invited CAAN to discuss about the issue and its team preparing for a briefing for January 19.</p> <p>At present, there are 178 companies including Nepal’s entire aviation companies in EU’s SSC list. Nepal’s removal from EU’s blacklist will be a significant boost for its tourism sector.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6891', 'image' => null, 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '7109', 'article_category_id' => '1', 'title' => 'CBIL Capital Unveils New Logo', 'sub_title' => '', 'summary' => 'December 12: CBIL Capital, a sister organization of Citizens Bank International, has unveiled its new logo and website during its 11th anniversary, which was held recently.', 'content' => '<p><span style="font-size:13px">December 12: CBIL Capital, a sister organization of Citizens Bank International, has unveiled its new logo and website during its 11</span><sup>th</sup><span style="font-size:13px"> anniversary, which was held recently. Issuing a press statement, the company said its Chairperson Ganesh Raj Pokharel unveiled the new logo. CBIL Capital provides merchant banking services including portfolio management, mutual funds, registrar to securities (RTS), corporate advisory and other tailor-made services for its diverse clients.</span></p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6890', 'image' => null, 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '7108', 'article_category_id' => '1', 'title' => 'Nepal’s ‘Largest’ Wind-Solar Hybrid Power System Comes into Operation', 'sub_title' => '', 'summary' => 'December 12: Nepal’s largest wind-solar hybrid power system installed at Hariharpurgadi village of Sindhuli district has come into operation since Tuesday. ', 'content' => '<p><span style="font-size:13px">December 12: Nepal’s largest wind-solar hybrid power system installed at Hariharpurgadi village of Sindhuli district has come into operation since Tuesday. The project was implemented by Alternative Energy Promotion Centre (AEPC) and supported by Asian Development Bank (ADB).</span></p> <p>“Access to clean, reliable and affordable energy will help the village to connect to the world through internet and mobile phones, and will create opportunities to boost local income,” said Mukhtor Khamudkhanov, ADB’s country director for Nepal. “The electricity from the mini-grid will also open the door for commercial activities in the village and help small businesses get off the ground.”</p> <p>Issuing a press statement, ADB said that the project, now providing electricity services to 83 rural households, has installed 20 kilowatt wind turbines complemented by 15 kilowatt-peak of solar photo voltaic panels. The system produces 110 kilowatt-hours (kWh) of energy per day, which easily meets the village’s electricity demand of 87 kWh per day.</p> <p>This sub-project represents an example of the government’s commitment and ADB’s efforts to scaling up decentralized off grid approaches to rural energy in Nepal, reads the statement.</p> <p>“Six years ago, the Government of Nepal, with support from ADB, launched its first mini grid wind-solar system in Dhaubadi in western Nepal,” said Ram Prasad Dhital, executive director of AEPC. “The success of these two projects has demonstrated that clean energy is indeed a viable option to provide reliable energy access to rural Nepal through wind-solar hybrid systems.”</p> <p>ADB said that the wind-solar hybrid system was installed under its South Asia Sub-regional Economic Cooperation Power System Expansion Project. The project, with a total cost of $16.2 million, was also partly financed by the Government of Nepal, the Scaling up of Renewable Energy Program under the Climate Investment Fund, and the local community.</p> <p>““We appreciate ADB’s continued support to strengthen the power sector in Nepal and implement innovative renewable energy solutions to help the country achieve the Sustainable Development Goals,” said Prakash Mathema, secretary at the Ministry of Population and Environment.</p> <p>Manila-based ADB said it is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, ADB is celebrating 50 years of development partnership in the region. It is owned by 67 members—48 from the region. In 2016, ADB assistance totaled $31.7 billion, including $14 billion in co-financing.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6889', 'image' => '20171212025835_adb.jpg', 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '7107', 'article_category_id' => '1', 'title' => 'Citizens Bank Opens New Branch', 'sub_title' => '', 'summary' => 'December 12: Citizens Bank International has opened a branch in Banglachuli of Dang.', 'content' => '<p><span style="font-size:13px">December 12: Citizens Bank International has opened a branch in Banglachuli of Dang. A press statement issued by the bank states that the Assistant CEO of the bank, Bodhraj Devkota, inaugurated the branch. With this, the bank has been providing service through 67 branches, 62 ATM counters and 97 branchless banking services. “We have been expanding the service of Citizens Bank with the aim to expand banking service in every village of Nepal,” said Devkota. The bank has opened its branch in seven locations across the country in the current fiscal year.</span></p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6888', 'image' => '20171212022837_citizens bank.jpg', 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '7123', 'article_category_id' => '1', 'title' => 'Miniso’s Showroom in Pokhara', 'sub_title' => '', 'summary' => 'December 14: Japanese brand Miniso is all set to open a showroom in Pokhara.', 'content' => '<p><span style="font-size:13px">December 14: Japanese brand Miniso is all set to open a showroom in Pokhara. Binayak Group, which has been running a supermarket in Pokhara for the last 30 years, is bringing Miniso in Pokhara. The showroom will open at Chipledhunga from Thursday, December 14. High quality Japanese products ranging from Rs 129 to Rs 7,000 will be available at affordable rates at the showroom, informed Binayak Group’s Managing Director Prabin Pokharel. According to the company’s Director Pratish Pokharel, the showroom will have an investment amounting to Rs 20 million in the first phase.</span></p> ', 'published' => true, 'created' => '2017-12-14', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6907', 'image' => '20171214115346_miniso.jpg', 'article_date' => '2017-12-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '7125', 'article_category_id' => '1', 'title' => 'Everest Bank Sponsors Inter-College Futsal', 'sub_title' => '', 'summary' => 'December 14: Everest Bank has become the main sponsor of inter-college futsal scheduled for Thursday.', 'content' => '<p><span style="font-size:13px">December 14: Everest Bank has become the main sponsor of inter-college futsal scheduled for Thursday. The bank’s CEO Someshwar Seth and Saroj Sharma Dhungana, event manager of the organizing company Proxy Infotech Solution, signed the sponsorship deal amid a function on Tuesday, December 12. After the agreement, the one-day event has been named as Everest Bank Inter-college Tournament. Altogether 20 teams divided into four groups will participate in the tournament played in a league-cum-knockout format. The winner will win Rs 55,000 while the runner-up will be awarded Rs 25,000.</span></p> ', 'published' => true, 'created' => '2017-12-14', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6906', 'image' => '20171214115506_everest.jpg', 'article_date' => '2017-12-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '7124', 'article_category_id' => '1', 'title' => 'Gandaki Bikas Bank Opens Branch in Samakhushi', 'sub_title' => '', 'summary' => 'December 14: Gandaki Bikas Bank has opened a branch in Samakhushi, Kathmandu.', 'content' => '<p><span style="font-size:13px">December 14: Gandaki Bikas Bank has opened a branch in Samakhushi, Kathmandu. Nepal Rastra Bank’s Deputy Governor Shiva Raj Shrestha inaugurated the branch amid a function on Tuesday, December 12. During the function, the bank’s CEO Resham Bahadur Thapa shed light about the bank’s financial status, services as well as its activities. The branch offers all kinds of services including deposits, loan, ABBS, mobile banking among others, according to the bank. The bank recently opened a branch in Birgunj as part of its plan to expand service in the rural and urban areas lacking financial service.</span></p> ', 'published' => true, 'created' => '2017-12-14', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6905', 'image' => '20171214115430_samakhushi img.jpg', 'article_date' => '2017-12-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '7126', 'article_category_id' => '1', 'title' => 'Global IME, MetLife Sign Bancassurance Agreement', 'sub_title' => '', 'summary' => 'December 14: Global IME Bank and MetLife Insurance have signed a bancassurance agreement.', 'content' => '<p><span style="font-size:13px">December 14: Global IME Bank and MetLife Insurance have signed a bancassurance agreement. The bank’s CEO Janak Sharma Poudel and the insurance company’s Executive Director Nirmal Kaji Shrestha signed the agreement recently. As per the agreement, the bank’s customers will now be able to avail every all kind of MetLife insurance services at Global IME’s branches.</span></p> ', 'published' => true, 'created' => '2017-12-14', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6904', 'image' => null, 'article_date' => '2017-12-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '7122', 'article_category_id' => '1', 'title' => 'EU, CNI Meet, Talks about Opening EU Bank in Nepal', 'sub_title' => '', 'summary' => 'December 13: In a meeting with Confederation of Nepalese Industries (CNI), Ambassador at European Union Delegation to Nepal, Veronica Cody has expressed commitment to continuously help in promoting Nepal’s business and economic development.', 'content' => '<p>December 13: In a meeting with Confederation of Nepalese Industries (CNI), Ambassador at European Union Delegation to Nepal, Veronica Cody has expressed commitment to continuously help in promoting Nepal’s business and economic development.</p> <p>During the meeting at CNI’s secretariat office, Cody mentioned the probability of establishing a European Union Bank in Nepal. She explained that a separate team will visit Nepal in the near future for a feasibility assessment of the EU Bank in Nepal. “The probability of Nepal’s development has been intensified after the central, provincial and local election,” Cody mentioned, adding, “EU will possibly expand its help in the field of public health, education and promotion of private businesses.”</p> <p>Hari Bhakta Sharma, president of CNI, expressed that cooperation from development partner organization like EU will prove beneficial in the changed political context of Nepal where governments and political parties have placed high value on political stability and economic agendas.</p> <p>Sharma noted that CNI successfully completed various small export promotion projects and two conferences on infrastructure in the past three years in collaboration with the EU. He further informed that the CNI envisage operating ‘Industrial Excellence Center’ in the future with a view to boost industrial production and improve quality. During the meeting, Sharma also proposed for EU’s cooperation in operating the excellence center. </p> <p>The meeting was attended by CNI officials and members from governing council.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6903', 'image' => '20171214120301_IMG_0024.jpg', 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '7117', 'article_category_id' => '1', 'title' => 'Laxmi Bank Introduces Recurring Deposit', 'sub_title' => '', 'summary' => 'December 13: Laxmi Bank has introduced a new deposit product named “Lakshit Muddati” (Recurring Deposit).', 'content' => '<p><span style="font-size:13px">December 13: Laxmi Bank has introduced a new deposit product named “Lakshit Muddati” (Recurring Deposit).</span></p> <p>Issuing a press statement, the bank said that the Recurring Deposit is an ideal investment option for customers with regular income to earn higher interest on their monthly deposit. </p> <p>Recurring Deposit provides great flexibility for customers to choose a fixed monthly amount starting from Rs 500 to be automatically debited every month on their chosen date from their savings account.</p> <p>Lakshit Muddati can be opened for a fixed term of 1 year and up to 5 years. Further, all Lakshit Muddati account holders will get the benefit of free DMAT account from Laxmi Capital, the bank said in the statement.</p> <p>The new scheme is available for all existing and new savings account holders of the bank with an introductory rate of up to 9.0% pa.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '6898', 'image' => '20171213022849_Laxmi Bank.jpg', 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '7116', 'article_category_id' => '1', 'title' => 'IME and Muthoot Finance Sign Agreement for Indo-Nepal Remittance Service', 'sub_title' => '', 'summary' => 'December 13: IME Ltd. and Muthoot Finance, an India-based financial corporation, have signed an agreement for Indo-Nepal remittance services.', 'content' => '<p><span style="font-size:13px">December 13: IME Ltd. and Muthoot Finance, an India-based financial corporation, have signed an agreement for Indo-Nepal remittance services. Khilendra Paudel, chief operating officer of IME and KR Bijimon, chief general manager of Muthoot Finance signed the agreement in a program at IME’s corporate office at Panipokhari, Kathmandu on December 10.</span><span style="font-size:13px">Issuing a press statement, IME expressed its belief that the partnership would greatly benefit the Nepali community in India by easing remitting to Nepal. “Muthoot Finance’s 4,600+ branches across India will make it convenient for the Nepalis to send remittances. The receivers in Nepal can receive the amount through more than 7,100 local agents of IME in Nepal,” reads the statement.</span></p> <p>IME said it will also provide account deposit facilities to these customers besides cash payment options. IME is confident that the agreement will enhance its business and customers’ experience.</p> <p style="margin-left:.25in"> </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '6897', 'image' => '20171213022358_Picture-2 (1).jpg', 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '7115', 'article_category_id' => '1', 'title' => 'Infrastructure Crunch at Birgunj Port Compels Nepali Importers to Pay Heavy Fines', 'sub_title' => '', 'summary' => 'December 13: As the country’s one and only dry port at Birgunj faces infrastructural crunch, importers are subjected to high transaction costs. ', 'content' => '<p><span style="font-size:13px">December 13: As the country’s one and only dry port at Birgunj faces infrastructural crunch, importers are subjected to high transaction costs. Lack of upgrading of the physical infrastructure and technology at the dry port since the operational year in 2004 has led the importers to pay heavy fines to Indian Railways as well as the dry port operator - Himalayan Terminal Pvt. Ltd. </span></p> <p>Importers complained that lack of necessary equipment for loading and unloading the imported goods has caused delay in transport of goods from Raxaul and caused them to pay fines. According to importers, they are allowed two hours to finish their paper work and additional seven hours from unloading their goods. The railway company charges Rs. 150 for every hour of delay hence after. One of the importers complained that they are also compelled to pay separate fines to the shipping company for not being able to return the containers on time<strong>. </strong></p> <p>“The dry port operator charges us fine for the delay actually caused by them,” an importer complained requesting anonymity. </p> <p>According to coordinator of the Road Transportation and Transit Committee at FNCCI, Ashok Kumar Temani, it is likely that such fines annually translate into billions of rupees which increase their transaction costs. According to importers such increase in transaction costs eventually affects the consumers as price increases.</p> <p>“One of the reasons for such delay is lack of sufficient cranes and reach stackers for loading and unloading goods”, Vice Chairman Kashiraj Upadhaya of Federation of Nepal Customs Agent said. On the other hand, Senior Officer at the Himalayan Terminal Finance Department Animesh Kumar Karna has refuted it saying that the dry port operator is fully equipped with cranes and the problem is actually caused by the existing narrow cargo management area and delays in its expansion. </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '6896', 'image' => null, 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '7114', 'article_category_id' => '1', 'title' => 'Renault Service Camp across the Nation', 'sub_title' => '', 'summary' => 'December 13: Advanced Automobiles Pvt. Ltd., Renault’s authorized distributor in Nepal and a part of Vishal Group Pvt. Ltd., has announced ‘Renault Service Camp’ starting from December 12 to January 4. ', 'content' => '<p><span style="font-size:13px">December 13: Advanced Automobiles Pvt. Ltd., Renault’s authorized distributor in Nepal and a part of Vishal Group Pvt. Ltd., has announced ‘Renault Service Camp’ starting from December 12 to January 4. In a press statement, the company said that the camp intends to provide its customers with top car care and servicing solutions in major cities of the country.</span></p> <p>The service will be available at Sahara Automobiles and Company Pvt. Ltd. Birtamode, Jhapa on Dec 12-13; Mahabir Automobile, Biratnagar on Dec 14-15; New Narayani Motors, Janakpur on Dec 17; United Auto Concern, Narayangarh on Dec 19-20; Zupiter Wheels, Butwal on Dec 22-23; Bhairahawa Auto Company, Bhairahawa on Dec 24-25; Joshi Auto Villa, Dang on Dec 27, Bageshwori Trade International, Nepalgunj on Dec 29, Vishesh Moto Corp Pvt Ltd, Dhangadi on Dec 31 and Jonchhen Traders, Pokhara on Jan 2-4.</p> <p>According to the company, the campaign with a tagline of ‘Give your car the best care’, assures its customers with the best and exemplary servicing and repairs. It offers free labour charges, 15% discount on lubricants, free refilling up to 200 gm AC, 10% discount on spare parts, free comprehensive vehicle check-up and top wash, and free coolant top up, the statement said.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '6895', 'image' => '20171213012321_Picture (1).jpg', 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '7112', 'article_category_id' => '1', 'title' => 'Dabur Nepal Launches Sugar-free Chyawanprash', 'sub_title' => '', 'summary' => 'December 12: Dabur Nepal has launched Dabur Chyawanprash, a sugar-free variant of its popular ayurvedic product Chyawanprash.', 'content' => '<p><span style="font-size:13px">December 12: Dabur Nepal has launched Dabur Chyawanprakash, a sugar-free variant of its popular ayurvedic product Chyawanprash.</span></p> <p>According to the company, the new product is targeted at calorie-conscious consumers. Dabur Nepal said that it developed the sugar-free Chyawanprakash to address their consumers’ concern about obesity and cholesterol.</p> <p>“Chyawanprakash offers the goodness of Chyawanprash, in a sugar-free form that makes it more appealing to the health-conscious Nepalese consumers and is safe for diabetics,” Dabur Nepal’s Head of Marketing Abhaya Prasad Gorkhalee said.</p> <p>The release further states, “Chyawanprakash is a concoction of over 40 natural ingredients that protects from day to day ailments like cough and cold, helps provide strength and stamina and helps in healthy ageing.”</p> <p>The sugar-free product is available in two pack size – 500 gm and 900 gm – priced at Rs 275 and Rs 485 respectively.</p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-19', 'keywords' => '', 'description' => '', 'sortorder' => '6893', 'image' => '20171212052318_Chyawanprakash Pack.jpg', 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '7111', 'article_category_id' => '1', 'title' => 'CG Mobiles Launches Astro Power', 'sub_title' => '', 'summary' => 'December 12: CG Mobiles has recently launched Astro Power in the Nepali market with a price tag of Rs 2,499.', 'content' => '<p><span style="font-size:13px">December 12: CG Mobiles has recently launched Astro Power in the Nepali market with a price tag of Rs 2,499. Astro Power is an addition to the Astro series of CG Mobiles, the company said in a statement.</span></p> <p>According to the company, the device comes with massive 5000 mAh battery and free OTG cable which allows the customers to charge other mobile devices as this phone functions as power bank as well.</p> <p>Astro Power offers 2.4” QVGA display that makes the screen brighter enough to deliver high-quality visual content to the customer. The handset is equipped with loud speakers which allow the users to enjoy music and videos with improved sound. With availability of all wireless FM and other full multimedia, it is a complete package for people using feature phones, the company claimed.</p> <p>This device also offers an inbuilt powerful Triple Led Torch Light along with hands-free call feature and replacement policy within 100 days.</p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6892', 'image' => '20171212051828_Mobile Pic 01.jpg', 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '7110', 'article_category_id' => '1', 'title' => 'Nepal Likely to be Delisted from EU Aviation Security List', 'sub_title' => '', 'summary' => 'December 12: European Union (EU) is likely to delist Nepal from its Serious Security Concerns (SSC) that placed Nepal’s aviation in EU’s blacklist in December 6, 2013.', 'content' => '<p><span style="font-size:13px">December 12: European Union (EU) is likely to delist Nepal from its Serious Security Concerns (SSC) that placed Nepal’s aviation in EU’s blacklist in December 6, 2013.</span></p> <p>The probability has risen after International Civil Aviation Organization (ICAO) removed Civil Aviation Authority of Nepal (CAAN) from its SSC list. Earlier, Nepal achieved significant improvements in ICAO standards as marked in its test audit that took place from July 4 to 11.</p> <p>However, EU is yet to lift the ban imposed on Nepali airlines to operate flights in EU countries. Sanjiv Gautam, director general at Civil CAAN said, “Though we have contacted EU after CAAN’s removal from ICAO’s blacklist, EU has not lifted its ban yet and sought additional information.” Nepal was listed in EU’s SSC list based on ICAO’s Aviation Security Audit Program that listed Nepal in its SSC list in July, 2013.</p> <p>Gautam informed that CAAN’s current focus lies in removing Nepal from EU’s SSC list. According to Gautam, Nepal’s aviation sector has progressed in terms of international security and standards and will discuss the same with EU during their visit to Brussels, Belgium in January. EU has invited CAAN to discuss about the issue and its team preparing for a briefing for January 19.</p> <p>At present, there are 178 companies including Nepal’s entire aviation companies in EU’s SSC list. Nepal’s removal from EU’s blacklist will be a significant boost for its tourism sector.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6891', 'image' => null, 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '7109', 'article_category_id' => '1', 'title' => 'CBIL Capital Unveils New Logo', 'sub_title' => '', 'summary' => 'December 12: CBIL Capital, a sister organization of Citizens Bank International, has unveiled its new logo and website during its 11th anniversary, which was held recently.', 'content' => '<p><span style="font-size:13px">December 12: CBIL Capital, a sister organization of Citizens Bank International, has unveiled its new logo and website during its 11</span><sup>th</sup><span style="font-size:13px"> anniversary, which was held recently. Issuing a press statement, the company said its Chairperson Ganesh Raj Pokharel unveiled the new logo. CBIL Capital provides merchant banking services including portfolio management, mutual funds, registrar to securities (RTS), corporate advisory and other tailor-made services for its diverse clients.</span></p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6890', 'image' => null, 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '7108', 'article_category_id' => '1', 'title' => 'Nepal’s ‘Largest’ Wind-Solar Hybrid Power System Comes into Operation', 'sub_title' => '', 'summary' => 'December 12: Nepal’s largest wind-solar hybrid power system installed at Hariharpurgadi village of Sindhuli district has come into operation since Tuesday. ', 'content' => '<p><span style="font-size:13px">December 12: Nepal’s largest wind-solar hybrid power system installed at Hariharpurgadi village of Sindhuli district has come into operation since Tuesday. The project was implemented by Alternative Energy Promotion Centre (AEPC) and supported by Asian Development Bank (ADB).</span></p> <p>“Access to clean, reliable and affordable energy will help the village to connect to the world through internet and mobile phones, and will create opportunities to boost local income,” said Mukhtor Khamudkhanov, ADB’s country director for Nepal. “The electricity from the mini-grid will also open the door for commercial activities in the village and help small businesses get off the ground.”</p> <p>Issuing a press statement, ADB said that the project, now providing electricity services to 83 rural households, has installed 20 kilowatt wind turbines complemented by 15 kilowatt-peak of solar photo voltaic panels. The system produces 110 kilowatt-hours (kWh) of energy per day, which easily meets the village’s electricity demand of 87 kWh per day.</p> <p>This sub-project represents an example of the government’s commitment and ADB’s efforts to scaling up decentralized off grid approaches to rural energy in Nepal, reads the statement.</p> <p>“Six years ago, the Government of Nepal, with support from ADB, launched its first mini grid wind-solar system in Dhaubadi in western Nepal,” said Ram Prasad Dhital, executive director of AEPC. “The success of these two projects has demonstrated that clean energy is indeed a viable option to provide reliable energy access to rural Nepal through wind-solar hybrid systems.”</p> <p>ADB said that the wind-solar hybrid system was installed under its South Asia Sub-regional Economic Cooperation Power System Expansion Project. The project, with a total cost of $16.2 million, was also partly financed by the Government of Nepal, the Scaling up of Renewable Energy Program under the Climate Investment Fund, and the local community.</p> <p>““We appreciate ADB’s continued support to strengthen the power sector in Nepal and implement innovative renewable energy solutions to help the country achieve the Sustainable Development Goals,” said Prakash Mathema, secretary at the Ministry of Population and Environment.</p> <p>Manila-based ADB said it is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, ADB is celebrating 50 years of development partnership in the region. It is owned by 67 members—48 from the region. In 2016, ADB assistance totaled $31.7 billion, including $14 billion in co-financing.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6889', 'image' => '20171212025835_adb.jpg', 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '7107', 'article_category_id' => '1', 'title' => 'Citizens Bank Opens New Branch', 'sub_title' => '', 'summary' => 'December 12: Citizens Bank International has opened a branch in Banglachuli of Dang.', 'content' => '<p><span style="font-size:13px">December 12: Citizens Bank International has opened a branch in Banglachuli of Dang. A press statement issued by the bank states that the Assistant CEO of the bank, Bodhraj Devkota, inaugurated the branch. With this, the bank has been providing service through 67 branches, 62 ATM counters and 97 branchless banking services. “We have been expanding the service of Citizens Bank with the aim to expand banking service in every village of Nepal,” said Devkota. The bank has opened its branch in seven locations across the country in the current fiscal year.</span></p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6888', 'image' => '20171212022837_citizens bank.jpg', 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '7123', 'article_category_id' => '1', 'title' => 'Miniso’s Showroom in Pokhara', 'sub_title' => '', 'summary' => 'December 14: Japanese brand Miniso is all set to open a showroom in Pokhara.', 'content' => '<p><span style="font-size:13px">December 14: Japanese brand Miniso is all set to open a showroom in Pokhara. Binayak Group, which has been running a supermarket in Pokhara for the last 30 years, is bringing Miniso in Pokhara. The showroom will open at Chipledhunga from Thursday, December 14. High quality Japanese products ranging from Rs 129 to Rs 7,000 will be available at affordable rates at the showroom, informed Binayak Group’s Managing Director Prabin Pokharel. According to the company’s Director Pratish Pokharel, the showroom will have an investment amounting to Rs 20 million in the first phase.</span></p> ', 'published' => true, 'created' => '2017-12-14', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6907', 'image' => '20171214115346_miniso.jpg', 'article_date' => '2017-12-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '7125', 'article_category_id' => '1', 'title' => 'Everest Bank Sponsors Inter-College Futsal', 'sub_title' => '', 'summary' => 'December 14: Everest Bank has become the main sponsor of inter-college futsal scheduled for Thursday.', 'content' => '<p><span style="font-size:13px">December 14: Everest Bank has become the main sponsor of inter-college futsal scheduled for Thursday. The bank’s CEO Someshwar Seth and Saroj Sharma Dhungana, event manager of the organizing company Proxy Infotech Solution, signed the sponsorship deal amid a function on Tuesday, December 12. After the agreement, the one-day event has been named as Everest Bank Inter-college Tournament. Altogether 20 teams divided into four groups will participate in the tournament played in a league-cum-knockout format. The winner will win Rs 55,000 while the runner-up will be awarded Rs 25,000.</span></p> ', 'published' => true, 'created' => '2017-12-14', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6906', 'image' => '20171214115506_everest.jpg', 'article_date' => '2017-12-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '7124', 'article_category_id' => '1', 'title' => 'Gandaki Bikas Bank Opens Branch in Samakhushi', 'sub_title' => '', 'summary' => 'December 14: Gandaki Bikas Bank has opened a branch in Samakhushi, Kathmandu.', 'content' => '<p><span style="font-size:13px">December 14: Gandaki Bikas Bank has opened a branch in Samakhushi, Kathmandu. Nepal Rastra Bank’s Deputy Governor Shiva Raj Shrestha inaugurated the branch amid a function on Tuesday, December 12. During the function, the bank’s CEO Resham Bahadur Thapa shed light about the bank’s financial status, services as well as its activities. The branch offers all kinds of services including deposits, loan, ABBS, mobile banking among others, according to the bank. The bank recently opened a branch in Birgunj as part of its plan to expand service in the rural and urban areas lacking financial service.</span></p> ', 'published' => true, 'created' => '2017-12-14', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6905', 'image' => '20171214115430_samakhushi img.jpg', 'article_date' => '2017-12-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '7126', 'article_category_id' => '1', 'title' => 'Global IME, MetLife Sign Bancassurance Agreement', 'sub_title' => '', 'summary' => 'December 14: Global IME Bank and MetLife Insurance have signed a bancassurance agreement.', 'content' => '<p><span style="font-size:13px">December 14: Global IME Bank and MetLife Insurance have signed a bancassurance agreement. The bank’s CEO Janak Sharma Poudel and the insurance company’s Executive Director Nirmal Kaji Shrestha signed the agreement recently. As per the agreement, the bank’s customers will now be able to avail every all kind of MetLife insurance services at Global IME’s branches.</span></p> ', 'published' => true, 'created' => '2017-12-14', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6904', 'image' => null, 'article_date' => '2017-12-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '7122', 'article_category_id' => '1', 'title' => 'EU, CNI Meet, Talks about Opening EU Bank in Nepal', 'sub_title' => '', 'summary' => 'December 13: In a meeting with Confederation of Nepalese Industries (CNI), Ambassador at European Union Delegation to Nepal, Veronica Cody has expressed commitment to continuously help in promoting Nepal’s business and economic development.', 'content' => '<p>December 13: In a meeting with Confederation of Nepalese Industries (CNI), Ambassador at European Union Delegation to Nepal, Veronica Cody has expressed commitment to continuously help in promoting Nepal’s business and economic development.</p> <p>During the meeting at CNI’s secretariat office, Cody mentioned the probability of establishing a European Union Bank in Nepal. She explained that a separate team will visit Nepal in the near future for a feasibility assessment of the EU Bank in Nepal. “The probability of Nepal’s development has been intensified after the central, provincial and local election,” Cody mentioned, adding, “EU will possibly expand its help in the field of public health, education and promotion of private businesses.”</p> <p>Hari Bhakta Sharma, president of CNI, expressed that cooperation from development partner organization like EU will prove beneficial in the changed political context of Nepal where governments and political parties have placed high value on political stability and economic agendas.</p> <p>Sharma noted that CNI successfully completed various small export promotion projects and two conferences on infrastructure in the past three years in collaboration with the EU. He further informed that the CNI envisage operating ‘Industrial Excellence Center’ in the future with a view to boost industrial production and improve quality. During the meeting, Sharma also proposed for EU’s cooperation in operating the excellence center. </p> <p>The meeting was attended by CNI officials and members from governing council.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6903', 'image' => '20171214120301_IMG_0024.jpg', 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '7117', 'article_category_id' => '1', 'title' => 'Laxmi Bank Introduces Recurring Deposit', 'sub_title' => '', 'summary' => 'December 13: Laxmi Bank has introduced a new deposit product named “Lakshit Muddati” (Recurring Deposit).', 'content' => '<p><span style="font-size:13px">December 13: Laxmi Bank has introduced a new deposit product named “Lakshit Muddati” (Recurring Deposit).</span></p> <p>Issuing a press statement, the bank said that the Recurring Deposit is an ideal investment option for customers with regular income to earn higher interest on their monthly deposit. </p> <p>Recurring Deposit provides great flexibility for customers to choose a fixed monthly amount starting from Rs 500 to be automatically debited every month on their chosen date from their savings account.</p> <p>Lakshit Muddati can be opened for a fixed term of 1 year and up to 5 years. Further, all Lakshit Muddati account holders will get the benefit of free DMAT account from Laxmi Capital, the bank said in the statement.</p> <p>The new scheme is available for all existing and new savings account holders of the bank with an introductory rate of up to 9.0% pa.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '6898', 'image' => '20171213022849_Laxmi Bank.jpg', 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '7116', 'article_category_id' => '1', 'title' => 'IME and Muthoot Finance Sign Agreement for Indo-Nepal Remittance Service', 'sub_title' => '', 'summary' => 'December 13: IME Ltd. and Muthoot Finance, an India-based financial corporation, have signed an agreement for Indo-Nepal remittance services.', 'content' => '<p><span style="font-size:13px">December 13: IME Ltd. and Muthoot Finance, an India-based financial corporation, have signed an agreement for Indo-Nepal remittance services. Khilendra Paudel, chief operating officer of IME and KR Bijimon, chief general manager of Muthoot Finance signed the agreement in a program at IME’s corporate office at Panipokhari, Kathmandu on December 10.</span><span style="font-size:13px">Issuing a press statement, IME expressed its belief that the partnership would greatly benefit the Nepali community in India by easing remitting to Nepal. “Muthoot Finance’s 4,600+ branches across India will make it convenient for the Nepalis to send remittances. The receivers in Nepal can receive the amount through more than 7,100 local agents of IME in Nepal,” reads the statement.</span></p> <p>IME said it will also provide account deposit facilities to these customers besides cash payment options. IME is confident that the agreement will enhance its business and customers’ experience.</p> <p style="margin-left:.25in"> </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '6897', 'image' => '20171213022358_Picture-2 (1).jpg', 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '7115', 'article_category_id' => '1', 'title' => 'Infrastructure Crunch at Birgunj Port Compels Nepali Importers to Pay Heavy Fines', 'sub_title' => '', 'summary' => 'December 13: As the country’s one and only dry port at Birgunj faces infrastructural crunch, importers are subjected to high transaction costs. ', 'content' => '<p><span style="font-size:13px">December 13: As the country’s one and only dry port at Birgunj faces infrastructural crunch, importers are subjected to high transaction costs. Lack of upgrading of the physical infrastructure and technology at the dry port since the operational year in 2004 has led the importers to pay heavy fines to Indian Railways as well as the dry port operator - Himalayan Terminal Pvt. Ltd. </span></p> <p>Importers complained that lack of necessary equipment for loading and unloading the imported goods has caused delay in transport of goods from Raxaul and caused them to pay fines. According to importers, they are allowed two hours to finish their paper work and additional seven hours from unloading their goods. The railway company charges Rs. 150 for every hour of delay hence after. One of the importers complained that they are also compelled to pay separate fines to the shipping company for not being able to return the containers on time<strong>. </strong></p> <p>“The dry port operator charges us fine for the delay actually caused by them,” an importer complained requesting anonymity. </p> <p>According to coordinator of the Road Transportation and Transit Committee at FNCCI, Ashok Kumar Temani, it is likely that such fines annually translate into billions of rupees which increase their transaction costs. According to importers such increase in transaction costs eventually affects the consumers as price increases.</p> <p>“One of the reasons for such delay is lack of sufficient cranes and reach stackers for loading and unloading goods”, Vice Chairman Kashiraj Upadhaya of Federation of Nepal Customs Agent said. On the other hand, Senior Officer at the Himalayan Terminal Finance Department Animesh Kumar Karna has refuted it saying that the dry port operator is fully equipped with cranes and the problem is actually caused by the existing narrow cargo management area and delays in its expansion. </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '6896', 'image' => null, 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '7114', 'article_category_id' => '1', 'title' => 'Renault Service Camp across the Nation', 'sub_title' => '', 'summary' => 'December 13: Advanced Automobiles Pvt. Ltd., Renault’s authorized distributor in Nepal and a part of Vishal Group Pvt. Ltd., has announced ‘Renault Service Camp’ starting from December 12 to January 4. ', 'content' => '<p><span style="font-size:13px">December 13: Advanced Automobiles Pvt. Ltd., Renault’s authorized distributor in Nepal and a part of Vishal Group Pvt. Ltd., has announced ‘Renault Service Camp’ starting from December 12 to January 4. In a press statement, the company said that the camp intends to provide its customers with top car care and servicing solutions in major cities of the country.</span></p> <p>The service will be available at Sahara Automobiles and Company Pvt. Ltd. Birtamode, Jhapa on Dec 12-13; Mahabir Automobile, Biratnagar on Dec 14-15; New Narayani Motors, Janakpur on Dec 17; United Auto Concern, Narayangarh on Dec 19-20; Zupiter Wheels, Butwal on Dec 22-23; Bhairahawa Auto Company, Bhairahawa on Dec 24-25; Joshi Auto Villa, Dang on Dec 27, Bageshwori Trade International, Nepalgunj on Dec 29, Vishesh Moto Corp Pvt Ltd, Dhangadi on Dec 31 and Jonchhen Traders, Pokhara on Jan 2-4.</p> <p>According to the company, the campaign with a tagline of ‘Give your car the best care’, assures its customers with the best and exemplary servicing and repairs. It offers free labour charges, 15% discount on lubricants, free refilling up to 200 gm AC, 10% discount on spare parts, free comprehensive vehicle check-up and top wash, and free coolant top up, the statement said.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '6895', 'image' => '20171213012321_Picture (1).jpg', 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '7112', 'article_category_id' => '1', 'title' => 'Dabur Nepal Launches Sugar-free Chyawanprash', 'sub_title' => '', 'summary' => 'December 12: Dabur Nepal has launched Dabur Chyawanprash, a sugar-free variant of its popular ayurvedic product Chyawanprash.', 'content' => '<p><span style="font-size:13px">December 12: Dabur Nepal has launched Dabur Chyawanprakash, a sugar-free variant of its popular ayurvedic product Chyawanprash.</span></p> <p>According to the company, the new product is targeted at calorie-conscious consumers. Dabur Nepal said that it developed the sugar-free Chyawanprakash to address their consumers’ concern about obesity and cholesterol.</p> <p>“Chyawanprakash offers the goodness of Chyawanprash, in a sugar-free form that makes it more appealing to the health-conscious Nepalese consumers and is safe for diabetics,” Dabur Nepal’s Head of Marketing Abhaya Prasad Gorkhalee said.</p> <p>The release further states, “Chyawanprakash is a concoction of over 40 natural ingredients that protects from day to day ailments like cough and cold, helps provide strength and stamina and helps in healthy ageing.”</p> <p>The sugar-free product is available in two pack size – 500 gm and 900 gm – priced at Rs 275 and Rs 485 respectively.</p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-19', 'keywords' => '', 'description' => '', 'sortorder' => '6893', 'image' => '20171212052318_Chyawanprakash Pack.jpg', 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '7111', 'article_category_id' => '1', 'title' => 'CG Mobiles Launches Astro Power', 'sub_title' => '', 'summary' => 'December 12: CG Mobiles has recently launched Astro Power in the Nepali market with a price tag of Rs 2,499.', 'content' => '<p><span style="font-size:13px">December 12: CG Mobiles has recently launched Astro Power in the Nepali market with a price tag of Rs 2,499. Astro Power is an addition to the Astro series of CG Mobiles, the company said in a statement.</span></p> <p>According to the company, the device comes with massive 5000 mAh battery and free OTG cable which allows the customers to charge other mobile devices as this phone functions as power bank as well.</p> <p>Astro Power offers 2.4” QVGA display that makes the screen brighter enough to deliver high-quality visual content to the customer. The handset is equipped with loud speakers which allow the users to enjoy music and videos with improved sound. With availability of all wireless FM and other full multimedia, it is a complete package for people using feature phones, the company claimed.</p> <p>This device also offers an inbuilt powerful Triple Led Torch Light along with hands-free call feature and replacement policy within 100 days.</p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6892', 'image' => '20171212051828_Mobile Pic 01.jpg', 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '7110', 'article_category_id' => '1', 'title' => 'Nepal Likely to be Delisted from EU Aviation Security List', 'sub_title' => '', 'summary' => 'December 12: European Union (EU) is likely to delist Nepal from its Serious Security Concerns (SSC) that placed Nepal’s aviation in EU’s blacklist in December 6, 2013.', 'content' => '<p><span style="font-size:13px">December 12: European Union (EU) is likely to delist Nepal from its Serious Security Concerns (SSC) that placed Nepal’s aviation in EU’s blacklist in December 6, 2013.</span></p> <p>The probability has risen after International Civil Aviation Organization (ICAO) removed Civil Aviation Authority of Nepal (CAAN) from its SSC list. Earlier, Nepal achieved significant improvements in ICAO standards as marked in its test audit that took place from July 4 to 11.</p> <p>However, EU is yet to lift the ban imposed on Nepali airlines to operate flights in EU countries. Sanjiv Gautam, director general at Civil CAAN said, “Though we have contacted EU after CAAN’s removal from ICAO’s blacklist, EU has not lifted its ban yet and sought additional information.” Nepal was listed in EU’s SSC list based on ICAO’s Aviation Security Audit Program that listed Nepal in its SSC list in July, 2013.</p> <p>Gautam informed that CAAN’s current focus lies in removing Nepal from EU’s SSC list. According to Gautam, Nepal’s aviation sector has progressed in terms of international security and standards and will discuss the same with EU during their visit to Brussels, Belgium in January. EU has invited CAAN to discuss about the issue and its team preparing for a briefing for January 19.</p> <p>At present, there are 178 companies including Nepal’s entire aviation companies in EU’s SSC list. Nepal’s removal from EU’s blacklist will be a significant boost for its tourism sector.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6891', 'image' => null, 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '7109', 'article_category_id' => '1', 'title' => 'CBIL Capital Unveils New Logo', 'sub_title' => '', 'summary' => 'December 12: CBIL Capital, a sister organization of Citizens Bank International, has unveiled its new logo and website during its 11th anniversary, which was held recently.', 'content' => '<p><span style="font-size:13px">December 12: CBIL Capital, a sister organization of Citizens Bank International, has unveiled its new logo and website during its 11</span><sup>th</sup><span style="font-size:13px"> anniversary, which was held recently. Issuing a press statement, the company said its Chairperson Ganesh Raj Pokharel unveiled the new logo. CBIL Capital provides merchant banking services including portfolio management, mutual funds, registrar to securities (RTS), corporate advisory and other tailor-made services for its diverse clients.</span></p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6890', 'image' => null, 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '7108', 'article_category_id' => '1', 'title' => 'Nepal’s ‘Largest’ Wind-Solar Hybrid Power System Comes into Operation', 'sub_title' => '', 'summary' => 'December 12: Nepal’s largest wind-solar hybrid power system installed at Hariharpurgadi village of Sindhuli district has come into operation since Tuesday. ', 'content' => '<p><span style="font-size:13px">December 12: Nepal’s largest wind-solar hybrid power system installed at Hariharpurgadi village of Sindhuli district has come into operation since Tuesday. The project was implemented by Alternative Energy Promotion Centre (AEPC) and supported by Asian Development Bank (ADB).</span></p> <p>“Access to clean, reliable and affordable energy will help the village to connect to the world through internet and mobile phones, and will create opportunities to boost local income,” said Mukhtor Khamudkhanov, ADB’s country director for Nepal. “The electricity from the mini-grid will also open the door for commercial activities in the village and help small businesses get off the ground.”</p> <p>Issuing a press statement, ADB said that the project, now providing electricity services to 83 rural households, has installed 20 kilowatt wind turbines complemented by 15 kilowatt-peak of solar photo voltaic panels. The system produces 110 kilowatt-hours (kWh) of energy per day, which easily meets the village’s electricity demand of 87 kWh per day.</p> <p>This sub-project represents an example of the government’s commitment and ADB’s efforts to scaling up decentralized off grid approaches to rural energy in Nepal, reads the statement.</p> <p>“Six years ago, the Government of Nepal, with support from ADB, launched its first mini grid wind-solar system in Dhaubadi in western Nepal,” said Ram Prasad Dhital, executive director of AEPC. “The success of these two projects has demonstrated that clean energy is indeed a viable option to provide reliable energy access to rural Nepal through wind-solar hybrid systems.”</p> <p>ADB said that the wind-solar hybrid system was installed under its South Asia Sub-regional Economic Cooperation Power System Expansion Project. The project, with a total cost of $16.2 million, was also partly financed by the Government of Nepal, the Scaling up of Renewable Energy Program under the Climate Investment Fund, and the local community.</p> <p>““We appreciate ADB’s continued support to strengthen the power sector in Nepal and implement innovative renewable energy solutions to help the country achieve the Sustainable Development Goals,” said Prakash Mathema, secretary at the Ministry of Population and Environment.</p> <p>Manila-based ADB said it is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, ADB is celebrating 50 years of development partnership in the region. It is owned by 67 members—48 from the region. In 2016, ADB assistance totaled $31.7 billion, including $14 billion in co-financing.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6889', 'image' => '20171212025835_adb.jpg', 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '7107', 'article_category_id' => '1', 'title' => 'Citizens Bank Opens New Branch', 'sub_title' => '', 'summary' => 'December 12: Citizens Bank International has opened a branch in Banglachuli of Dang.', 'content' => '<p><span style="font-size:13px">December 12: Citizens Bank International has opened a branch in Banglachuli of Dang. A press statement issued by the bank states that the Assistant CEO of the bank, Bodhraj Devkota, inaugurated the branch. With this, the bank has been providing service through 67 branches, 62 ATM counters and 97 branchless banking services. “We have been expanding the service of Citizens Bank with the aim to expand banking service in every village of Nepal,” said Devkota. The bank has opened its branch in seven locations across the country in the current fiscal year.</span></p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6888', 'image' => '20171212022837_citizens bank.jpg', 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '7123', 'article_category_id' => '1', 'title' => 'Miniso’s Showroom in Pokhara', 'sub_title' => '', 'summary' => 'December 14: Japanese brand Miniso is all set to open a showroom in Pokhara.', 'content' => '<p><span style="font-size:13px">December 14: Japanese brand Miniso is all set to open a showroom in Pokhara. Binayak Group, which has been running a supermarket in Pokhara for the last 30 years, is bringing Miniso in Pokhara. The showroom will open at Chipledhunga from Thursday, December 14. High quality Japanese products ranging from Rs 129 to Rs 7,000 will be available at affordable rates at the showroom, informed Binayak Group’s Managing Director Prabin Pokharel. According to the company’s Director Pratish Pokharel, the showroom will have an investment amounting to Rs 20 million in the first phase.</span></p> ', 'published' => true, 'created' => '2017-12-14', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6907', 'image' => '20171214115346_miniso.jpg', 'article_date' => '2017-12-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '7125', 'article_category_id' => '1', 'title' => 'Everest Bank Sponsors Inter-College Futsal', 'sub_title' => '', 'summary' => 'December 14: Everest Bank has become the main sponsor of inter-college futsal scheduled for Thursday.', 'content' => '<p><span style="font-size:13px">December 14: Everest Bank has become the main sponsor of inter-college futsal scheduled for Thursday. The bank’s CEO Someshwar Seth and Saroj Sharma Dhungana, event manager of the organizing company Proxy Infotech Solution, signed the sponsorship deal amid a function on Tuesday, December 12. After the agreement, the one-day event has been named as Everest Bank Inter-college Tournament. Altogether 20 teams divided into four groups will participate in the tournament played in a league-cum-knockout format. The winner will win Rs 55,000 while the runner-up will be awarded Rs 25,000.</span></p> ', 'published' => true, 'created' => '2017-12-14', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6906', 'image' => '20171214115506_everest.jpg', 'article_date' => '2017-12-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '7124', 'article_category_id' => '1', 'title' => 'Gandaki Bikas Bank Opens Branch in Samakhushi', 'sub_title' => '', 'summary' => 'December 14: Gandaki Bikas Bank has opened a branch in Samakhushi, Kathmandu.', 'content' => '<p><span style="font-size:13px">December 14: Gandaki Bikas Bank has opened a branch in Samakhushi, Kathmandu. Nepal Rastra Bank’s Deputy Governor Shiva Raj Shrestha inaugurated the branch amid a function on Tuesday, December 12. During the function, the bank’s CEO Resham Bahadur Thapa shed light about the bank’s financial status, services as well as its activities. The branch offers all kinds of services including deposits, loan, ABBS, mobile banking among others, according to the bank. The bank recently opened a branch in Birgunj as part of its plan to expand service in the rural and urban areas lacking financial service.</span></p> ', 'published' => true, 'created' => '2017-12-14', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6905', 'image' => '20171214115430_samakhushi img.jpg', 'article_date' => '2017-12-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '7126', 'article_category_id' => '1', 'title' => 'Global IME, MetLife Sign Bancassurance Agreement', 'sub_title' => '', 'summary' => 'December 14: Global IME Bank and MetLife Insurance have signed a bancassurance agreement.', 'content' => '<p><span style="font-size:13px">December 14: Global IME Bank and MetLife Insurance have signed a bancassurance agreement. The bank’s CEO Janak Sharma Poudel and the insurance company’s Executive Director Nirmal Kaji Shrestha signed the agreement recently. As per the agreement, the bank’s customers will now be able to avail every all kind of MetLife insurance services at Global IME’s branches.</span></p> ', 'published' => true, 'created' => '2017-12-14', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6904', 'image' => null, 'article_date' => '2017-12-14 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '7122', 'article_category_id' => '1', 'title' => 'EU, CNI Meet, Talks about Opening EU Bank in Nepal', 'sub_title' => '', 'summary' => 'December 13: In a meeting with Confederation of Nepalese Industries (CNI), Ambassador at European Union Delegation to Nepal, Veronica Cody has expressed commitment to continuously help in promoting Nepal’s business and economic development.', 'content' => '<p>December 13: In a meeting with Confederation of Nepalese Industries (CNI), Ambassador at European Union Delegation to Nepal, Veronica Cody has expressed commitment to continuously help in promoting Nepal’s business and economic development.</p> <p>During the meeting at CNI’s secretariat office, Cody mentioned the probability of establishing a European Union Bank in Nepal. She explained that a separate team will visit Nepal in the near future for a feasibility assessment of the EU Bank in Nepal. “The probability of Nepal’s development has been intensified after the central, provincial and local election,” Cody mentioned, adding, “EU will possibly expand its help in the field of public health, education and promotion of private businesses.”</p> <p>Hari Bhakta Sharma, president of CNI, expressed that cooperation from development partner organization like EU will prove beneficial in the changed political context of Nepal where governments and political parties have placed high value on political stability and economic agendas.</p> <p>Sharma noted that CNI successfully completed various small export promotion projects and two conferences on infrastructure in the past three years in collaboration with the EU. He further informed that the CNI envisage operating ‘Industrial Excellence Center’ in the future with a view to boost industrial production and improve quality. During the meeting, Sharma also proposed for EU’s cooperation in operating the excellence center. </p> <p>The meeting was attended by CNI officials and members from governing council.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-14', 'keywords' => '', 'description' => '', 'sortorder' => '6903', 'image' => '20171214120301_IMG_0024.jpg', 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '7117', 'article_category_id' => '1', 'title' => 'Laxmi Bank Introduces Recurring Deposit', 'sub_title' => '', 'summary' => 'December 13: Laxmi Bank has introduced a new deposit product named “Lakshit Muddati” (Recurring Deposit).', 'content' => '<p><span style="font-size:13px">December 13: Laxmi Bank has introduced a new deposit product named “Lakshit Muddati” (Recurring Deposit).</span></p> <p>Issuing a press statement, the bank said that the Recurring Deposit is an ideal investment option for customers with regular income to earn higher interest on their monthly deposit. </p> <p>Recurring Deposit provides great flexibility for customers to choose a fixed monthly amount starting from Rs 500 to be automatically debited every month on their chosen date from their savings account.</p> <p>Lakshit Muddati can be opened for a fixed term of 1 year and up to 5 years. Further, all Lakshit Muddati account holders will get the benefit of free DMAT account from Laxmi Capital, the bank said in the statement.</p> <p>The new scheme is available for all existing and new savings account holders of the bank with an introductory rate of up to 9.0% pa.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '6898', 'image' => '20171213022849_Laxmi Bank.jpg', 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '7116', 'article_category_id' => '1', 'title' => 'IME and Muthoot Finance Sign Agreement for Indo-Nepal Remittance Service', 'sub_title' => '', 'summary' => 'December 13: IME Ltd. and Muthoot Finance, an India-based financial corporation, have signed an agreement for Indo-Nepal remittance services.', 'content' => '<p><span style="font-size:13px">December 13: IME Ltd. and Muthoot Finance, an India-based financial corporation, have signed an agreement for Indo-Nepal remittance services. Khilendra Paudel, chief operating officer of IME and KR Bijimon, chief general manager of Muthoot Finance signed the agreement in a program at IME’s corporate office at Panipokhari, Kathmandu on December 10.</span><span style="font-size:13px">Issuing a press statement, IME expressed its belief that the partnership would greatly benefit the Nepali community in India by easing remitting to Nepal. “Muthoot Finance’s 4,600+ branches across India will make it convenient for the Nepalis to send remittances. The receivers in Nepal can receive the amount through more than 7,100 local agents of IME in Nepal,” reads the statement.</span></p> <p>IME said it will also provide account deposit facilities to these customers besides cash payment options. IME is confident that the agreement will enhance its business and customers’ experience.</p> <p style="margin-left:.25in"> </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '6897', 'image' => '20171213022358_Picture-2 (1).jpg', 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '7115', 'article_category_id' => '1', 'title' => 'Infrastructure Crunch at Birgunj Port Compels Nepali Importers to Pay Heavy Fines', 'sub_title' => '', 'summary' => 'December 13: As the country’s one and only dry port at Birgunj faces infrastructural crunch, importers are subjected to high transaction costs. ', 'content' => '<p><span style="font-size:13px">December 13: As the country’s one and only dry port at Birgunj faces infrastructural crunch, importers are subjected to high transaction costs. Lack of upgrading of the physical infrastructure and technology at the dry port since the operational year in 2004 has led the importers to pay heavy fines to Indian Railways as well as the dry port operator - Himalayan Terminal Pvt. Ltd. </span></p> <p>Importers complained that lack of necessary equipment for loading and unloading the imported goods has caused delay in transport of goods from Raxaul and caused them to pay fines. According to importers, they are allowed two hours to finish their paper work and additional seven hours from unloading their goods. The railway company charges Rs. 150 for every hour of delay hence after. One of the importers complained that they are also compelled to pay separate fines to the shipping company for not being able to return the containers on time<strong>. </strong></p> <p>“The dry port operator charges us fine for the delay actually caused by them,” an importer complained requesting anonymity. </p> <p>According to coordinator of the Road Transportation and Transit Committee at FNCCI, Ashok Kumar Temani, it is likely that such fines annually translate into billions of rupees which increase their transaction costs. According to importers such increase in transaction costs eventually affects the consumers as price increases.</p> <p>“One of the reasons for such delay is lack of sufficient cranes and reach stackers for loading and unloading goods”, Vice Chairman Kashiraj Upadhaya of Federation of Nepal Customs Agent said. On the other hand, Senior Officer at the Himalayan Terminal Finance Department Animesh Kumar Karna has refuted it saying that the dry port operator is fully equipped with cranes and the problem is actually caused by the existing narrow cargo management area and delays in its expansion. </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '6896', 'image' => null, 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '7114', 'article_category_id' => '1', 'title' => 'Renault Service Camp across the Nation', 'sub_title' => '', 'summary' => 'December 13: Advanced Automobiles Pvt. Ltd., Renault’s authorized distributor in Nepal and a part of Vishal Group Pvt. Ltd., has announced ‘Renault Service Camp’ starting from December 12 to January 4. ', 'content' => '<p><span style="font-size:13px">December 13: Advanced Automobiles Pvt. Ltd., Renault’s authorized distributor in Nepal and a part of Vishal Group Pvt. Ltd., has announced ‘Renault Service Camp’ starting from December 12 to January 4. In a press statement, the company said that the camp intends to provide its customers with top car care and servicing solutions in major cities of the country.</span></p> <p>The service will be available at Sahara Automobiles and Company Pvt. Ltd. Birtamode, Jhapa on Dec 12-13; Mahabir Automobile, Biratnagar on Dec 14-15; New Narayani Motors, Janakpur on Dec 17; United Auto Concern, Narayangarh on Dec 19-20; Zupiter Wheels, Butwal on Dec 22-23; Bhairahawa Auto Company, Bhairahawa on Dec 24-25; Joshi Auto Villa, Dang on Dec 27, Bageshwori Trade International, Nepalgunj on Dec 29, Vishesh Moto Corp Pvt Ltd, Dhangadi on Dec 31 and Jonchhen Traders, Pokhara on Jan 2-4.</p> <p>According to the company, the campaign with a tagline of ‘Give your car the best care’, assures its customers with the best and exemplary servicing and repairs. It offers free labour charges, 15% discount on lubricants, free refilling up to 200 gm AC, 10% discount on spare parts, free comprehensive vehicle check-up and top wash, and free coolant top up, the statement said.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-13', 'modified' => '2017-12-13', 'keywords' => '', 'description' => '', 'sortorder' => '6895', 'image' => '20171213012321_Picture (1).jpg', 'article_date' => '2017-12-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '7112', 'article_category_id' => '1', 'title' => 'Dabur Nepal Launches Sugar-free Chyawanprash', 'sub_title' => '', 'summary' => 'December 12: Dabur Nepal has launched Dabur Chyawanprash, a sugar-free variant of its popular ayurvedic product Chyawanprash.', 'content' => '<p><span style="font-size:13px">December 12: Dabur Nepal has launched Dabur Chyawanprakash, a sugar-free variant of its popular ayurvedic product Chyawanprash.</span></p> <p>According to the company, the new product is targeted at calorie-conscious consumers. Dabur Nepal said that it developed the sugar-free Chyawanprakash to address their consumers’ concern about obesity and cholesterol.</p> <p>“Chyawanprakash offers the goodness of Chyawanprash, in a sugar-free form that makes it more appealing to the health-conscious Nepalese consumers and is safe for diabetics,” Dabur Nepal’s Head of Marketing Abhaya Prasad Gorkhalee said.</p> <p>The release further states, “Chyawanprakash is a concoction of over 40 natural ingredients that protects from day to day ailments like cough and cold, helps provide strength and stamina and helps in healthy ageing.”</p> <p>The sugar-free product is available in two pack size – 500 gm and 900 gm – priced at Rs 275 and Rs 485 respectively.</p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-19', 'keywords' => '', 'description' => '', 'sortorder' => '6893', 'image' => '20171212052318_Chyawanprakash Pack.jpg', 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '7111', 'article_category_id' => '1', 'title' => 'CG Mobiles Launches Astro Power', 'sub_title' => '', 'summary' => 'December 12: CG Mobiles has recently launched Astro Power in the Nepali market with a price tag of Rs 2,499.', 'content' => '<p><span style="font-size:13px">December 12: CG Mobiles has recently launched Astro Power in the Nepali market with a price tag of Rs 2,499. Astro Power is an addition to the Astro series of CG Mobiles, the company said in a statement.</span></p> <p>According to the company, the device comes with massive 5000 mAh battery and free OTG cable which allows the customers to charge other mobile devices as this phone functions as power bank as well.</p> <p>Astro Power offers 2.4” QVGA display that makes the screen brighter enough to deliver high-quality visual content to the customer. The handset is equipped with loud speakers which allow the users to enjoy music and videos with improved sound. With availability of all wireless FM and other full multimedia, it is a complete package for people using feature phones, the company claimed.</p> <p>This device also offers an inbuilt powerful Triple Led Torch Light along with hands-free call feature and replacement policy within 100 days.</p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6892', 'image' => '20171212051828_Mobile Pic 01.jpg', 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '7110', 'article_category_id' => '1', 'title' => 'Nepal Likely to be Delisted from EU Aviation Security List', 'sub_title' => '', 'summary' => 'December 12: European Union (EU) is likely to delist Nepal from its Serious Security Concerns (SSC) that placed Nepal’s aviation in EU’s blacklist in December 6, 2013.', 'content' => '<p><span style="font-size:13px">December 12: European Union (EU) is likely to delist Nepal from its Serious Security Concerns (SSC) that placed Nepal’s aviation in EU’s blacklist in December 6, 2013.</span></p> <p>The probability has risen after International Civil Aviation Organization (ICAO) removed Civil Aviation Authority of Nepal (CAAN) from its SSC list. Earlier, Nepal achieved significant improvements in ICAO standards as marked in its test audit that took place from July 4 to 11.</p> <p>However, EU is yet to lift the ban imposed on Nepali airlines to operate flights in EU countries. Sanjiv Gautam, director general at Civil CAAN said, “Though we have contacted EU after CAAN’s removal from ICAO’s blacklist, EU has not lifted its ban yet and sought additional information.” Nepal was listed in EU’s SSC list based on ICAO’s Aviation Security Audit Program that listed Nepal in its SSC list in July, 2013.</p> <p>Gautam informed that CAAN’s current focus lies in removing Nepal from EU’s SSC list. According to Gautam, Nepal’s aviation sector has progressed in terms of international security and standards and will discuss the same with EU during their visit to Brussels, Belgium in January. EU has invited CAAN to discuss about the issue and its team preparing for a briefing for January 19.</p> <p>At present, there are 178 companies including Nepal’s entire aviation companies in EU’s SSC list. Nepal’s removal from EU’s blacklist will be a significant boost for its tourism sector.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6891', 'image' => null, 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '7109', 'article_category_id' => '1', 'title' => 'CBIL Capital Unveils New Logo', 'sub_title' => '', 'summary' => 'December 12: CBIL Capital, a sister organization of Citizens Bank International, has unveiled its new logo and website during its 11th anniversary, which was held recently.', 'content' => '<p><span style="font-size:13px">December 12: CBIL Capital, a sister organization of Citizens Bank International, has unveiled its new logo and website during its 11</span><sup>th</sup><span style="font-size:13px"> anniversary, which was held recently. Issuing a press statement, the company said its Chairperson Ganesh Raj Pokharel unveiled the new logo. CBIL Capital provides merchant banking services including portfolio management, mutual funds, registrar to securities (RTS), corporate advisory and other tailor-made services for its diverse clients.</span></p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6890', 'image' => null, 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '7108', 'article_category_id' => '1', 'title' => 'Nepal’s ‘Largest’ Wind-Solar Hybrid Power System Comes into Operation', 'sub_title' => '', 'summary' => 'December 12: Nepal’s largest wind-solar hybrid power system installed at Hariharpurgadi village of Sindhuli district has come into operation since Tuesday. ', 'content' => '<p><span style="font-size:13px">December 12: Nepal’s largest wind-solar hybrid power system installed at Hariharpurgadi village of Sindhuli district has come into operation since Tuesday. The project was implemented by Alternative Energy Promotion Centre (AEPC) and supported by Asian Development Bank (ADB).</span></p> <p>“Access to clean, reliable and affordable energy will help the village to connect to the world through internet and mobile phones, and will create opportunities to boost local income,” said Mukhtor Khamudkhanov, ADB’s country director for Nepal. “The electricity from the mini-grid will also open the door for commercial activities in the village and help small businesses get off the ground.”</p> <p>Issuing a press statement, ADB said that the project, now providing electricity services to 83 rural households, has installed 20 kilowatt wind turbines complemented by 15 kilowatt-peak of solar photo voltaic panels. The system produces 110 kilowatt-hours (kWh) of energy per day, which easily meets the village’s electricity demand of 87 kWh per day.</p> <p>This sub-project represents an example of the government’s commitment and ADB’s efforts to scaling up decentralized off grid approaches to rural energy in Nepal, reads the statement.</p> <p>“Six years ago, the Government of Nepal, with support from ADB, launched its first mini grid wind-solar system in Dhaubadi in western Nepal,” said Ram Prasad Dhital, executive director of AEPC. “The success of these two projects has demonstrated that clean energy is indeed a viable option to provide reliable energy access to rural Nepal through wind-solar hybrid systems.”</p> <p>ADB said that the wind-solar hybrid system was installed under its South Asia Sub-regional Economic Cooperation Power System Expansion Project. The project, with a total cost of $16.2 million, was also partly financed by the Government of Nepal, the Scaling up of Renewable Energy Program under the Climate Investment Fund, and the local community.</p> <p>““We appreciate ADB’s continued support to strengthen the power sector in Nepal and implement innovative renewable energy solutions to help the country achieve the Sustainable Development Goals,” said Prakash Mathema, secretary at the Ministry of Population and Environment.</p> <p>Manila-based ADB said it is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, ADB is celebrating 50 years of development partnership in the region. It is owned by 67 members—48 from the region. In 2016, ADB assistance totaled $31.7 billion, including $14 billion in co-financing.</p> <p> </p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6889', 'image' => '20171212025835_adb.jpg', 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '7107', 'article_category_id' => '1', 'title' => 'Citizens Bank Opens New Branch', 'sub_title' => '', 'summary' => 'December 12: Citizens Bank International has opened a branch in Banglachuli of Dang.', 'content' => '<p><span style="font-size:13px">December 12: Citizens Bank International has opened a branch in Banglachuli of Dang. A press statement issued by the bank states that the Assistant CEO of the bank, Bodhraj Devkota, inaugurated the branch. With this, the bank has been providing service through 67 branches, 62 ATM counters and 97 branchless banking services. “We have been expanding the service of Citizens Bank with the aim to expand banking service in every village of Nepal,” said Devkota. The bank has opened its branch in seven locations across the country in the current fiscal year.</span></p> ', 'published' => true, 'created' => '2017-12-12', 'modified' => '2017-12-12', 'keywords' => '', 'description' => '', 'sortorder' => '6888', 'image' => '20171212022837_citizens bank.jpg', 'article_date' => '2017-12-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Currency | Unit |
Buy | Sell |
U.S. Dollar | 1 | 121.23 | 121.83 |
European Euro | 1 | 131.65 | 132.31 |
UK Pound Sterling | 1 | 142.47 | 143.18 |
Swiss Franc | 1 | 124.29 | 124.90 |
Australian Dollar | 1 | 71.69 | 72.05 |
Canadian Dollar | 1 | 83.90 | 84.32 |
Japanese Yen | 10 | 10.94 | 11.00 |
Chinese Yuan | 1 | 17.17 | 17.26 |
Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
UAE Dirham | 1 | 33.01 | 33.17 |
Malaysian Ringgit | 1 | 27.36 | 27.50 |
South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
Fine Gold | 1 tola | 77000.00 |
Tejabi Gold | 1 tola | 76700.00 |
Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
Petrol | 1 Liter | 106.00 |
Diesel | 1 Liter | 95.00 |
Kerosene | 1 Liter | 95.00 |
LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25