
November 17: The government has awarded 15 different taxpayer companies and individuals in different categories on the occasion of the 6th National Tax Day, Friday, November 17…
November 17: The government has awarded 15 different taxpayer companies and individuals in different categories on the occasion of the 6th National Tax Day, Friday, November 17…
November 17: Nepal Bank Ltd completed eight decades of its banking service on…
November 17: Sanima Bank and Ex-Im Bank of India have signed an agreement to send remittance to Nepal from their banking network.…
November 17: Gandaki Bikas Bank has opened a branch at Biratnagar,…
November 17: Nepal Electricity Authority (NEA) and China Three Gorges Corporation (CTGC) signed a joint venture agreement for the West Seti Hydropower…
November 17: The construction of an international airport in Pokhara, which is a national pride project, has finally begun two years after laying the foundation…
November 17: Tara Air said it has been actively supporting the “Waste Management Campaign” in the Solukhumbu region as part of its corporate social responsibility.…
November 17: Enterprise, a business accelerator, has successfully completed its third batch of the accelerator programme on November 15.…
November 17: Laxmi Bank has inaugurated two new branches in Jhallari, Kanchanpur and Bauniya,…
November 15: China’s Belt and Road Initiative (BRI) dwarfs the Marshall Plan of USA and cannot be ignored, said experts at a program organised by Nepal Economic Forum (NEF) as a part of its regular ‘neftalk’ in Kathmandu on Wednesday, November…
November 16: After months of rigorous test flights, Shankarapur Paragliding has started commercial flights for adventure lovers in the north-eastern outskirts of…
November 16: Century Commercial Bank has launched a multi-currency card service amid an event on Wednesday, November…
November 16: The Federation of Handicraft Associations of Nepal (FHAN), with an aim of promoting Nepali handicraft products in both domestic as well as international market, is organising the ‘15th Handicraft Trade Fair’ in…
November 16: A skill-development project funded by the European Union has been started by the government of Nepal in collaboration with the Council for Technical Education and Vocational Training…
November 16: Global IME Bank has made arrangements for its potential customers to open their accounts…
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He was awarded for the third time in a row. Similarly, Sipradi Trading Pvt Ltd had paid the highest amount of income tax in the Fiscal Year 2016/2017, among the companies.</p> <p>Likewise, Pawan Kumar International had paid the highest amount of value added tax (VAT) in the last fiscal year. Surya Nepal Pvt Ltd, which manufactures products ranging from cigarettes to readymade garments, bagged the award for being the highest taxpayer in the last fiscal year.</p> <p>According to the IRD, Himlayan Bank was honored for being the highest taxpayer among banks and financial institutions. Likewise, Nepal Re-Insurance Company and WorldLink Communications also bagged the award for being the highest taxpayers among life insurance companies and technology companies respectively.</p> <p>Dr Upendra Devkota and Gorkha Development Bank were also announced as highest taxpayers among small income taxpayers and medium income taxpayers respectively. Similarly, the government honored Triyog High School and Tiger Tops Pvt Ltd for being highest taxpayers among health and education sector, and tourism industry respectively.</p> <p>Below is the complete list of individuals and companies awarded by the government in various categories:</p> <table border="1" cellpadding="0" cellspacing="0" style="width:595px"> <tbody> <tr> <td style="width:49px"> <p>S.N.</p> </td> <td style="width:318px"> <p>Categories</p> </td> <td style="width:228px"> <p>Awardees</p> </td> </tr> <tr> <td style="height:24px; width:49px"> <p>1.</p> </td> <td style="height:24px; width:318px"> <p>Company</p> </td> <td style="height:24px; width:228px"> <p>Surya Nepal Pvt Ltd</p> </td> </tr> <tr> <td style="width:49px"> <p>2.</p> </td> <td style="width:318px"> <p>Exporter</p> </td> <td style="width:228px"> <p>Verscend Technology Pvt Ltd</p> </td> </tr> <tr> <td style="width:49px"> <p>3.</p> </td> <td style="width:318px"> <p>Industrial Sector</p> </td> <td style="width:228px"> <p>Himal Power Ltd</p> </td> </tr> <tr> <td style="width:49px"> <p>4.</p> </td> <td style="width:318px"> <p>Agriculture and Livestock</p> </td> <td style="width:228px"> <p>National Seed Company</p> </td> </tr> <tr> <td style="height:29px; width:49px"> <p>5.</p> </td> <td style="height:29px; width:318px"> <p>Co-operative</p> </td> <td style="height:29px; width:228px"> <p>Rastriya Shakari Bank</p> </td> </tr> <tr> <td style="height:23px; width:49px"> <p>6.</p> </td> <td style="height:23px; width:318px"> <p>BFIs</p> </td> <td style="height:23px; width:228px"> <p>Himalayan Bank</p> </td> </tr> <tr> <td style="height:41px; width:49px"> <p>7.</p> </td> <td style="height:41px; width:318px"> <p>Insurance Company</p> </td> <td style="height:41px; width:228px"> <p>Nepal Re-Insurance Company Ltd</p> </td> </tr> <tr> <td style="height:23px; width:49px"> <p>8.</p> </td> <td style="height:23px; width:318px"> <p>Health and Education</p> </td> <td style="height:23px; width:228px"> <p>Triyog High School</p> </td> </tr> <tr> <td style="width:49px"> <p>9.</p> </td> <td style="width:318px"> <p>Information and Technology</p> </td> <td style="width:228px"> <p>WorldLink Communications</p> </td> </tr> <tr> <td style="width:49px"> <p>10.</p> </td> <td style="width:318px"> <p>Tourism</p> </td> <td style="width:228px"> <p>Tiger Tops</p> </td> </tr> <tr> <td style="height:28px; width:49px"> <p>11.</p> </td> <td style="height:28px; width:318px"> <p>Trading Company</p> </td> <td style="height:28px; width:228px"> <p>Sipradi Trading Pvt Ltd</p> </td> </tr> <tr> <td style="width:49px"> <p>12.</p> </td> <td style="width:318px"> <p>Small Tax Payer</p> </td> <td style="width:228px"> <p>Dr Upendra Devkota</p> </td> </tr> <tr> <td style="width:49px"> <p>13.</p> </td> <td style="width:318px"> <p>Medium Tax Payer</p> </td> <td style="width:228px"> <p>Gorkha Development Bank (Nepal) Pvt Ltd</p> </td> </tr> <tr> <td style="height:44px; width:49px"> <p>14=</p> </td> <td style="height:44px; width:318px"> <p>Personal Tax Payer</p> </td> <td style="height:44px; width:228px"> <p>Siddhartha Shumsher JB Rana</p> </td> </tr> <tr> <td style="width:49px"> <p>15.</p> </td> <td style="width:318px"> <p>Highest VAT Payer</p> </td> <td style="width:228px"> <p>Pawan Kumar International</p> </td> </tr> </tbody> </table> <p> </p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6705', 'image' => '20171117052121_tax.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6923', 'article_category_id' => '1', 'title' => 'Nepal Bank Celebrates 81st Anniversary', 'sub_title' => '', 'summary' => 'November 17: Nepal Bank Ltd completed eight decades of its banking service on Thursday.', 'content' => '<p><strong style="font-size:13px">November 17: Nepal Bank Ltd completed eight decades of its banking service </strong><strong style="font-size:13px">on Thursday</strong><strong style="font-size:13px">. Issuing a press statement, the bank said that it organised a blood donation, diabetes test, among other programmes on the occasion of its anniversary. “A total of 106 people including bank staffers and general public donated blood in the event,” the bank said in the statement. Similarly, a total of 150 people attended the diabetes test programme, which was organised in collaboration with Lions Club of Putalisadak.</strong></p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6704', 'image' => '20171117030841_nepal bank.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6922', 'article_category_id' => '1', 'title' => 'Sanima signs Agreement with Ex-Im Bank of India', 'sub_title' => '', 'summary' => 'November 17: Sanima Bank and Ex-Im Bank of India have signed an agreement to send remittance to Nepal from their banking network. ', 'content' => '<p><span style="font-size:13px">November 17: Sanima Bank and Ex-Im Bank of India have signed an agreement to send remittance to Nepal from their banking network. As per the agreement, the remittance sent from India can be received from any branch of Sanima Bank. Sanima’s Chief Finance Officer Saroj Guragain and Ex-Im Bank’s financial group’s CEO Ashok Gautam signed the agreement amid a function, reads a press statement issued by the bank.</span></p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6703', 'image' => '20171117030619_sanima.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6921', 'article_category_id' => '1', 'title' => 'Gandaki Opens Branch in Biratnagar', 'sub_title' => '', 'summary' => 'November 17: Gandaki Bikas Bank has opened a branch at Biratnagar, Morang.', 'content' => '<p><span style="font-size:13px">November 17: Gandaki Bikas Bank has opened a branch at Biratnagar, Morang. Biratnagar’s Mayor Bhim Parajuli inaugurated the branch amid a function on Thursday, November 16. The bank’s chairman Janak Bahadur Gurung said that the bank added a branch in Biratnagar as per its policy to extend its services to places lacking financial service. The bank’s deputy CEO Chabindra Sharma shed light on the bank’s financial status, services and other activities during the programme.</span></p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6702', 'image' => '20171117025751_gand.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6920', 'article_category_id' => '1', 'title' => 'NEA and China’s Three Gorges Sign JVA for West Seti Project', 'sub_title' => '', 'summary' => 'November 17: Nepal Electricity Authority (NEA) and China Three Gorges Corporation (CTGC) signed a joint venture agreement for the West Seti Hydropower Project.', 'content' => '<p><span style="font-size:13px">November 17: Nepal Electricity Authority (NEA) and China Three Gorges Corporation (CTGC) signed a joint venture agreement for the West Seti Hydropower Project.</span></p> <p>Kulman Ghising, executive director at NEA, and representative from CTGC signed the agreement on Thursday, November 17.</p> <p>“The agreement to jointly invest and establish a company has been done after 10 months of preliminary agreement,” said Prabal Adhikari, spokesperson of NEA.</p> <p>According to the agreement, Three Gorges and NEA will have 75 and 25 percent investment respectively in the project. The technical team of the company has already studied the geological aspects of the project. The project will impact places like Doti, Baitadi, Bajhang and Dadeldura. Locals of the areas have been waiting for the project to start because of which they have not been able to complete general development works in their localities.</p> <p>The estimated cost of the project is Rs 160 billion. If the NEA fails to collect 25 percent of amount for the project, the state-owned utility can take loan from Ex-Im Bank of China. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6701', 'image' => '20171117024635_jv.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6919', 'article_category_id' => '1', 'title' => 'Construction of Pokhara International Airport begins', 'sub_title' => '', 'summary' => 'November 17: The construction of an international airport in Pokhara, which is a national pride project, has finally begun two years after laying the foundation stones.', 'content' => '<p><span style="font-size:13px">November 17: The construction of an international airport in Pokhara, which is a national pride project, has finally begun two years after laying the foundation stones.</span></p> <p>The airport will be built by a Chinese company, CAMC Engineering, with a loan support of Rs 22 billion from Ex-Im Bank of China. As per the contract with the Chinese company, the construction of the project should be complete by the end of June 2021.</p> <p>According to Pradip Adhikari, a chief engineer at the project, all of the equipment like dozers, excavators, loaders, tippers, among others have already been brought to the construction site.</p> <p>“There are more than one dozen equipment and 100 workers for the construction works,” he added.</p> <p>Once the construction gets completed, aircrafts like Boeing-757, Airbus-320, among others can operate from the airport. The runway of the airport will be 2,500 meters long, and 45 meters wide. A total of 6,935 ropanis of land has been acquired by the government for the construction of the airport.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6700', 'image' => '20171117024539_pokhara.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6918', 'article_category_id' => '1', 'title' => 'Tara Air Airlifts 11,000 kg of Waste from Khumbu region', 'sub_title' => '', 'summary' => 'November 17: Tara Air said it has been actively supporting the “Waste Management Campaign” in the Solukhumbu region as part of its corporate social responsibility. ', 'content' => '<p><span style="font-size:13px">November 17: Tara Air said it has been actively supporting the “Waste Management Campaign” in the Solukhumbu region as part of its corporate social responsibility. The campaign was conducted in collaboration with the Sagarmatha Pollution Control Committee (SPCC) and the Himalayan Club, a Lukla-based NGO, reads a press statement issued by the company.</span></p> <p>In order to maintain the environmental quality of this region, Tara Air with the help of Himalayan Club and SPCC airlifted approximately 11,000 kg of non-biodegradable waste away from the region, operating nine flights from Lukla airport.</p> <p>The approximate cost of this sponsored service by the airline is worth over Rs 1 million. The waste products were airlifted to Kathmandu and handed over to the Kathmandu Municipality, which will distribute it to the proper recycling centers, according to Tara Air.</p> <p>“In the year 2016 we successfully managed a similar waste management campaign airlifting 12,000 kg of waste from the Solukhumbu region,” reads the statement.</p> <p>The airlines expressed its confidence that this campaign has helped in creating environmental awareness among the youth, the local entrepreneurs, and the tourists who visit this Himalayan region.</p> <p>“We hope that other private enterprises will also extend their hands in supporting such environmental campaigns in the future,” the statement said.</p> <p>Tara Air said that the company along with its sister airlines - Yeti Airlines – have been providing continuous service in the remote sectors of Nepal since 1998. The airlines claimed that it is currently the only airlines in Nepal to provide services in remote sectors with scheduled flights throughout the year.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6699', 'image' => '20171117124852_20171112131732_IMG_1594 (1).jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6917', 'article_category_id' => '1', 'title' => 'Enterprise’s Business Accelerator Programme Concludes', 'sub_title' => '', 'summary' => 'November 17: Enterprise, a business accelerator, has successfully completed its third batch of the accelerator programme on November 15. ', 'content' => '<p><span style="font-size:13px">November 17: Enterprise, a business accelerator, has successfully completed its third batch of the accelerator programme on November 15. Issuing a press statement, Enterprise claimed itself to be the first business accelerator of its kind operated by the private sector in Nepal.</span></p> <p>It seeks to mentor newly set up Nepali companies to build better products, raise funds, and move to the next level of business growth, the statement said.</p> <p>“In essence, Enterprise aims to become the vital link between the various stakeholders of the Nepali entrepreneurial ecosystem,” reads the statement.</p> <p>The company claimed that the third edition of the accelerator programme gathered huge interest from over 1028 companies, out of which five carefully selected companies were given the opportunity to be a part of the program.</p> <p>Eminence Ways Pvt Ltd, Bhoomi Food Products, Customized Furniture, Source Code Pvt Ltd and The Physique Workshop were the companies that were selected for the 12 weeks mentorship programme.</p> <p>The company said that the participants got an opportunity to work with some of the industry experts in the country to reassess their business models, re-align their vision and objectives, plan their finances, get legal consultation, and ultimately, develop internal resources to target a high level of growth.</p> <p>This programme has been initiated by Nepalese Young Entrepreneurs’ Forum (NYEF) in partnership with Ronnie K Irani Centre for Creation of Economic Wealth (CCEW) at the University of Oklahoma and is managed and funded by True North Associates, a venture capital/private equity firm based in Nepal.</p> <p>For the third edition of the programme, Enterprise partnered with various organizations, namely Shikhar Insurance Company Ltd, NMB Bank Ltd, Jaguar Investments Pvt Ltd, iCapital Pvt Ltd, ACT 360 Pvt Ltd, Onion Films Pvt Ltd, and Emazing Pvt Ltd.</p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6698', 'image' => '20171117123520_1.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6916', 'article_category_id' => '1', 'title' => 'Laxmi Bank’s Two New Branches in Kanchanpur and Kailali', 'sub_title' => '', 'summary' => 'November 17: Laxmi Bank has inaugurated two new branches in Jhallari, Kanchanpur and Bauniya, Kailali.', 'content' => '<p>November 17: Laxmi Bank has inaugurated two new branches in Jhallari, Kanchanpur and Bauniya, Kailali. Issuing a press statement, the bank said that the two branches will offer full range of retail banking services customized to meet the needs of individuals and small businesses.</p> <p>With this, Laxmi Bank’s network has now spread to 41 districts and includes 74 branches, three hospital service counters, 95 ATMs and more than 2,500 remittance counters and more than 400 mobile banking agents spread across the country.</p> <p>The bank said it is rapidly expanding to newer and underserved markets with the aim of serving the growing demand for professional financial services such as innovative saving accounts, term deposits, home and auto loans, small business loans, microfinance, insurance etc.</p> <p>According to the statement, the bank actively promotes digital channels such as internet and mobile banking to complement the growing number of branches as part of the ‘bricks and clicks’ strategy.</p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6697', 'image' => '20171117120904_Nep logo.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6915', 'article_category_id' => '1', 'title' => '‘China Intends to Share the Formula of Fusion Economics through BRI’ ', 'sub_title' => '', 'summary' => ' November 15: China’s Belt and Road Initiative (BRI) dwarfs the Marshall Plan of USA and cannot be ignored, said experts at a program organised by Nepal Economic Forum (NEF) as a part of its regular ‘neftalk’ in Kathmandu on Wednesday, November 15.', 'content' => '<p><span style="font-size:13px"> November 15: China’s Belt and Road Initiative (BRI) dwarfs the Marshall Plan of USA and cannot be ignored, said experts at a program organised by Nepal Economic Forum (NEF) as a part of its regular ‘neftalk’ in Kathmandu on Wednesday, November 15.</span></p> <p>Sujeev Shakya, chair of the NEF, said there is a new world order emerging with the Quad block and Indo Pacific initiatives being revived by Australia, Japan, India and United States.</p> <p>“Nepal rather than pursuing equidistance policy between China and India, should take advantage of the synergy that China’s BRI and India’s Act East policy presents,” reads a press statement issued by NEF.</p> <p>Keynote speaker of the program Laurence Brahm, chair of Himalayan Consensus Institute, said that the China intends to share the formula of fusion economics through outbound investments in developing countries facing the same challenges which China had overcome through the past three decades through the BRI initiative.</p> <p>Brahm pointed out that fixed asset infrastructure like high speed rails, highways, ports and telecommunications as well as air travel systems are important driver of growth through a combination of public and private partnership, which is a critical part of China’s success story. </p> <p>Laurence acknowledged that the BRI is going to be intrusive, but according to him, ecological civilization needs to run in parallel to the intrusion; and it is the path that China has taken in the recent years. <br /> Regarding the speculations on financing of the BRI projects, he noted that China is no longer the factory of the world, it is the investor of the world and will soon be the central bank of the world that creates financial architectures. <br /> The major challenge according to him, that the BRI faces, is the issue of cultural connectivity which calls for more cultural dialogue, not only in China, but in all the countries across Asia and Europe. Silk route was not only about trade of silk and tea but also an exchange of values and culture which needs to come back.</p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6696', 'image' => '20171116054022_neff.jpg', 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6914', 'article_category_id' => '1', 'title' => 'Paragliding comes to Kathmandu’s Doorstep', 'sub_title' => '', 'summary' => 'November 16: After months of rigorous test flights, Shankarapur Paragliding has started commercial flights for adventure lovers in the north-eastern outskirts of Kathmandu.', 'content' => '<p>November 16: After months of rigorous test flights, Shankarapur Paragliding has started commercial flights for adventure lovers in the north-eastern outskirts of Kathmandu. <br /> The initiative taken by the company to start tandem and solo flights near the ancient city of Sankhu, currently known as Shankarapur, heralds a new era for adventure sports lovers of the capital, who until now had to travel as far as Pokhara to enjoy paragliding. <br /> “Very few people are aware that paragliding is available at the doorstep of Kathmandu,” said Rajendra Dahal, patron of the company that has been operating in the rim of the valley since the last four years. <br /> “We can tap in the potential of paragliding to promote adventure tourism,” added Dahal.<br /> Kusal Thapa, the company’s managing director, said that their initiative would benefit the locals of Kathmandu as well as international tourists.<br /> Organising a press conference in the capital on Thursday, November 16, the company informed that the paragliding site is located five kilometers away from Sankhu at Jorsinghpauwa, which is in between the ancient city and Nagarkot, a popular tourist destination. The company informed that they have 12 solo pilots and four tandem pilots and have been operating 15 flights per day. The flights take off from the hilltop and land outside the valley, which is half and hour away from the starting point. <br /> Thapa further said that the operation of the flights outside the valley would not affect any local and international flights. <br /> “We have got the license to operate paragliding as our flights does not affect international flights in any way,” he said referring to another paragliding company in the Valley in Godavari which courted controversy as it was near the airport, thereby affecting international flights.<br /> Regarding safety issues, Thapa, who is himself a paragliding pilot, said that there are very few incidents in paragliding as long as they follow the rules and remain alert about the weather condition.<br /> “Accidents happen mostly when the solo pilots perform stunts. But if you follow the rules, it is perfectly safe,” assured Thapa. <br /> According to Thapa, the price for foreign nationals is USD 100 while the locals have to pay Rs 5,500 for tandem flights.<br /> The company provides transportation facility as well as lunch for its customers. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6695', 'image' => '20171116052321_para.jpg', 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6913', 'article_category_id' => '1', 'title' => 'Century Bank Introduces Multi Currency Card Service', 'sub_title' => 'Remittance and mobile app also started', 'summary' => 'November 16: Century Commercial Bank has launched a multi-currency card service amid an event on Wednesday, November 15.', 'content' => '<p><span style="font-size:13px">November 16: Century Commercial Bank has launched a multi-currency card service amid an event on Wednesday, November 15. The bank has brought the multi-currency card for the first time in Nepal by collaborating with Axis Bank of India. With this, now the Nepalis won’t have to face any difficulty to exchange foreign currency of different countries. Currencies of 16 countries can be loaded in the same multi-currency card service and taken along. This card will bring relief to those customers who are facing shortage of foreign currencies. </span></p> <p>“The transaction is difficult without the use of technology in today’s world, so, the banks should focus on bringing new technologies. The initiation of Century Bank to bring this product has helped to promote digital economy in the country,” said Shiva Raj Shrestha, deputy governor of Nepal Rastra Bank.</p> <p>Anil Keshari Shah, president of Bankers Association of Nepal, shared that this card will minimize the risk of loss of remittance and cash theft while exchanging the US dollars with other currencies.</p> <p>Along with the card, the company also started the Indo-Nepal Easy Remit and Mobile Banking Service in collaboration with Axis Bank. With its objective to promote digital economy, the bank has also launched a mobile app. “Through this app, the customers can transfer money and make utility payments. Payments to different vendors can be made through this app,” said Jiwan Bhattarai, CEO of Century Bank.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6694', 'image' => '20171116041801_century.jpg', 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6912', 'article_category_id' => '1', 'title' => '15th Handicraft Trade Fair to kick off Friday', 'sub_title' => '', 'summary' => 'November 16: The Federation of Handicraft Associations of Nepal (FHAN), with an aim of promoting Nepali handicraft products in both domestic as well as international market, is organising the ‘15th Handicraft Trade Fair’ in Kathmandu.', 'content' => '<p><span style="font-size:13px">November 16: The Federation of Handicraft Associations of Nepal (FHAN), with an aim of promoting Nepali handicraft products in both domestic as well as international market, is organising the ‘15</span><sup>th</sup><span style="font-size:13px"> Handicraft Trade Fair’ in Kathmandu.</span></p> <p>The exhibition will be organised from Friday to November 21, in collaboration with Trade and Export Promotion Center (TEPC) and the Ministry of Commerce (MoC).</p> <p>Organising a press meet on Wednesday, President of FHAN Dharma Raj Shakya said that this kind of exhibition will help promote Nepali handicraft products in international market.</p> <p>“Nepali handicraft products have a huge market potential in the international arena,” he said.</p> <p>The organisers have expected that the five-day long exhibition will record transaction of almost Rs 100 million. Handicraft entrepreneurs from 25 different districts will showcase different products through 200 stalls in the event.</p> <p>The organisers claimed that buyers from 35 different countries like China, Japan, Bhutan, Pakistan, India, among others will visit the exhibition. The exhibition is expected to have a footfall of almost 200,000 visitors.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6693', 'image' => '20171116034730__DSC8433.jpg', 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6911', 'article_category_id' => '1', 'title' => 'Businessmen Stress on Need for Professional Standard in Business', 'sub_title' => '', 'summary' => 'November 16: A skill-development project funded by the European Union has been started by the government of Nepal in collaboration with the Council for Technical Education and Vocational Training (CTEVT).', 'content' => '<p><span style="font-size:13px">November 16: A skill-development project funded by the European Union has been started by the government of Nepal in collaboration with the Council for Technical Education and Vocational Training (CTEVT).</span></p> <p>The project is expected to reduce the gap between demand and supply by producing skilled manpower through Technical and Vocational Education and Training (TEVT). It will motivate to maximize the employment and equal opportunity to trained youths. </p> <p>According to the project, a total of 26.1 million euros has been allocated for the project. Businessmen and experts who participated in a workshop titled ‘Benefits of professional standard in private sector and technical education and training’ said that it is necessary to maintain professional standard in business.</p> <p>CN Kurli, team leader of the project, said that technical education enhances human capacity as well as the productivity of humans. Shekhar Golchha, vice president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) stated that private sector has been creating employment despite multiple hurdles and the project will enhance professional capacity by preparing skilled manpower.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6692', 'image' => null, 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6910', 'article_category_id' => '1', 'title' => 'Global IME Bank’s Online Account Facility', 'sub_title' => '', 'summary' => 'November 16: Global IME Bank has made arrangements for its potential customers to open their accounts online.', 'content' => '<p><span style="font-size:13px">November 16: Global IME Bank has made arrangements for its potential customers to open their accounts online. Issuing a press statement, the bank said that it announced such facility to aide the Nepalis living abroad to open accounts with ease. As per this provision, Nepalis can open account from any branch of the bank online round the clock. Nepalis living abroad will get their account number through an email, the company said.</span></p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6691', 'image' => '20171116125104_download.jpg', 'article_date' => '2017-11-16 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' => '6926', 'article_category_id' => '1', 'title' => 'Siddhartha Rana Tops the List of Income Taxpayers', 'sub_title' => '', 'summary' => 'November 17: The government has awarded 15 different taxpayer companies and individuals in different categories on the occasion of the 6th National Tax Day, Friday, November 17 .', 'content' => '<p><span style="font-size:13px">November 17: The government has awarded 15 different taxpayer companies and individuals in different categories on the occasion of the 6th National Tax Day, Friday, November 17 .</span></p> <p>Chief Secretary Lok Darshan Regmi and Finance Secretary Sankhar Adhikari jointly honored top 15 tax payers of the country in different headings, amid a program organised by the Inland Revenue Department (IRD).</p> <p>Siddhartha Shumsher Rana, who is the president of Sipradi Trading Pvt Ltd, bagged the award for paying highest amount of income tax in individual category. He was awarded for the third time in a row. Similarly, Sipradi Trading Pvt Ltd had paid the highest amount of income tax in the Fiscal Year 2016/2017, among the companies.</p> <p>Likewise, Pawan Kumar International had paid the highest amount of value added tax (VAT) in the last fiscal year. Surya Nepal Pvt Ltd, which manufactures products ranging from cigarettes to readymade garments, bagged the award for being the highest taxpayer in the last fiscal year.</p> <p>According to the IRD, Himlayan Bank was honored for being the highest taxpayer among banks and financial institutions. Likewise, Nepal Re-Insurance Company and WorldLink Communications also bagged the award for being the highest taxpayers among life insurance companies and technology companies respectively.</p> <p>Dr Upendra Devkota and Gorkha Development Bank were also announced as highest taxpayers among small income taxpayers and medium income taxpayers respectively. Similarly, the government honored Triyog High School and Tiger Tops Pvt Ltd for being highest taxpayers among health and education sector, and tourism industry respectively.</p> <p>Below is the complete list of individuals and companies awarded by the government in various categories:</p> <table border="1" cellpadding="0" cellspacing="0" style="width:595px"> <tbody> <tr> <td style="width:49px"> <p>S.N.</p> </td> <td style="width:318px"> <p>Categories</p> </td> <td style="width:228px"> <p>Awardees</p> </td> </tr> <tr> <td style="height:24px; width:49px"> <p>1.</p> </td> <td style="height:24px; width:318px"> <p>Company</p> </td> <td style="height:24px; width:228px"> <p>Surya Nepal Pvt Ltd</p> </td> </tr> <tr> <td style="width:49px"> <p>2.</p> </td> <td style="width:318px"> <p>Exporter</p> </td> <td style="width:228px"> <p>Verscend Technology Pvt Ltd</p> </td> </tr> <tr> <td style="width:49px"> <p>3.</p> </td> <td style="width:318px"> <p>Industrial Sector</p> </td> <td style="width:228px"> <p>Himal Power Ltd</p> </td> </tr> <tr> <td style="width:49px"> <p>4.</p> </td> <td style="width:318px"> <p>Agriculture and Livestock</p> </td> <td style="width:228px"> <p>National Seed Company</p> </td> </tr> <tr> <td style="height:29px; width:49px"> <p>5.</p> </td> <td style="height:29px; width:318px"> <p>Co-operative</p> </td> <td style="height:29px; width:228px"> <p>Rastriya Shakari Bank</p> </td> </tr> <tr> <td style="height:23px; width:49px"> <p>6.</p> </td> <td style="height:23px; width:318px"> <p>BFIs</p> </td> <td style="height:23px; width:228px"> <p>Himalayan Bank</p> </td> </tr> <tr> <td style="height:41px; width:49px"> <p>7.</p> </td> <td style="height:41px; width:318px"> <p>Insurance Company</p> </td> <td style="height:41px; width:228px"> <p>Nepal Re-Insurance Company Ltd</p> </td> </tr> <tr> <td style="height:23px; width:49px"> <p>8.</p> </td> <td style="height:23px; width:318px"> <p>Health and Education</p> </td> <td style="height:23px; width:228px"> <p>Triyog High School</p> </td> </tr> <tr> <td style="width:49px"> <p>9.</p> </td> <td style="width:318px"> <p>Information and Technology</p> </td> <td style="width:228px"> <p>WorldLink Communications</p> </td> </tr> <tr> <td style="width:49px"> <p>10.</p> </td> <td style="width:318px"> <p>Tourism</p> </td> <td style="width:228px"> <p>Tiger Tops</p> </td> </tr> <tr> <td style="height:28px; width:49px"> <p>11.</p> </td> <td style="height:28px; width:318px"> <p>Trading Company</p> </td> <td style="height:28px; width:228px"> <p>Sipradi Trading Pvt Ltd</p> </td> </tr> <tr> <td style="width:49px"> <p>12.</p> </td> <td style="width:318px"> <p>Small Tax Payer</p> </td> <td style="width:228px"> <p>Dr Upendra Devkota</p> </td> </tr> <tr> <td style="width:49px"> <p>13.</p> </td> <td style="width:318px"> <p>Medium Tax Payer</p> </td> <td style="width:228px"> <p>Gorkha Development Bank (Nepal) Pvt Ltd</p> </td> </tr> <tr> <td style="height:44px; width:49px"> <p>14=</p> </td> <td style="height:44px; width:318px"> <p>Personal Tax Payer</p> </td> <td style="height:44px; width:228px"> <p>Siddhartha Shumsher JB Rana</p> </td> </tr> <tr> <td style="width:49px"> <p>15.</p> </td> <td style="width:318px"> <p>Highest VAT Payer</p> </td> <td style="width:228px"> <p>Pawan Kumar International</p> </td> </tr> </tbody> </table> <p> </p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6705', 'image' => '20171117052121_tax.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6923', 'article_category_id' => '1', 'title' => 'Nepal Bank Celebrates 81st Anniversary', 'sub_title' => '', 'summary' => 'November 17: Nepal Bank Ltd completed eight decades of its banking service on Thursday.', 'content' => '<p><strong style="font-size:13px">November 17: Nepal Bank Ltd completed eight decades of its banking service </strong><strong style="font-size:13px">on Thursday</strong><strong style="font-size:13px">. Issuing a press statement, the bank said that it organised a blood donation, diabetes test, among other programmes on the occasion of its anniversary. “A total of 106 people including bank staffers and general public donated blood in the event,” the bank said in the statement. Similarly, a total of 150 people attended the diabetes test programme, which was organised in collaboration with Lions Club of Putalisadak.</strong></p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6704', 'image' => '20171117030841_nepal bank.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6922', 'article_category_id' => '1', 'title' => 'Sanima signs Agreement with Ex-Im Bank of India', 'sub_title' => '', 'summary' => 'November 17: Sanima Bank and Ex-Im Bank of India have signed an agreement to send remittance to Nepal from their banking network. ', 'content' => '<p><span style="font-size:13px">November 17: Sanima Bank and Ex-Im Bank of India have signed an agreement to send remittance to Nepal from their banking network. As per the agreement, the remittance sent from India can be received from any branch of Sanima Bank. Sanima’s Chief Finance Officer Saroj Guragain and Ex-Im Bank’s financial group’s CEO Ashok Gautam signed the agreement amid a function, reads a press statement issued by the bank.</span></p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6703', 'image' => '20171117030619_sanima.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6921', 'article_category_id' => '1', 'title' => 'Gandaki Opens Branch in Biratnagar', 'sub_title' => '', 'summary' => 'November 17: Gandaki Bikas Bank has opened a branch at Biratnagar, Morang.', 'content' => '<p><span style="font-size:13px">November 17: Gandaki Bikas Bank has opened a branch at Biratnagar, Morang. Biratnagar’s Mayor Bhim Parajuli inaugurated the branch amid a function on Thursday, November 16. The bank’s chairman Janak Bahadur Gurung said that the bank added a branch in Biratnagar as per its policy to extend its services to places lacking financial service. The bank’s deputy CEO Chabindra Sharma shed light on the bank’s financial status, services and other activities during the programme.</span></p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6702', 'image' => '20171117025751_gand.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6920', 'article_category_id' => '1', 'title' => 'NEA and China’s Three Gorges Sign JVA for West Seti Project', 'sub_title' => '', 'summary' => 'November 17: Nepal Electricity Authority (NEA) and China Three Gorges Corporation (CTGC) signed a joint venture agreement for the West Seti Hydropower Project.', 'content' => '<p><span style="font-size:13px">November 17: Nepal Electricity Authority (NEA) and China Three Gorges Corporation (CTGC) signed a joint venture agreement for the West Seti Hydropower Project.</span></p> <p>Kulman Ghising, executive director at NEA, and representative from CTGC signed the agreement on Thursday, November 17.</p> <p>“The agreement to jointly invest and establish a company has been done after 10 months of preliminary agreement,” said Prabal Adhikari, spokesperson of NEA.</p> <p>According to the agreement, Three Gorges and NEA will have 75 and 25 percent investment respectively in the project. The technical team of the company has already studied the geological aspects of the project. The project will impact places like Doti, Baitadi, Bajhang and Dadeldura. Locals of the areas have been waiting for the project to start because of which they have not been able to complete general development works in their localities.</p> <p>The estimated cost of the project is Rs 160 billion. If the NEA fails to collect 25 percent of amount for the project, the state-owned utility can take loan from Ex-Im Bank of China. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6701', 'image' => '20171117024635_jv.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6919', 'article_category_id' => '1', 'title' => 'Construction of Pokhara International Airport begins', 'sub_title' => '', 'summary' => 'November 17: The construction of an international airport in Pokhara, which is a national pride project, has finally begun two years after laying the foundation stones.', 'content' => '<p><span style="font-size:13px">November 17: The construction of an international airport in Pokhara, which is a national pride project, has finally begun two years after laying the foundation stones.</span></p> <p>The airport will be built by a Chinese company, CAMC Engineering, with a loan support of Rs 22 billion from Ex-Im Bank of China. As per the contract with the Chinese company, the construction of the project should be complete by the end of June 2021.</p> <p>According to Pradip Adhikari, a chief engineer at the project, all of the equipment like dozers, excavators, loaders, tippers, among others have already been brought to the construction site.</p> <p>“There are more than one dozen equipment and 100 workers for the construction works,” he added.</p> <p>Once the construction gets completed, aircrafts like Boeing-757, Airbus-320, among others can operate from the airport. The runway of the airport will be 2,500 meters long, and 45 meters wide. A total of 6,935 ropanis of land has been acquired by the government for the construction of the airport.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6700', 'image' => '20171117024539_pokhara.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6918', 'article_category_id' => '1', 'title' => 'Tara Air Airlifts 11,000 kg of Waste from Khumbu region', 'sub_title' => '', 'summary' => 'November 17: Tara Air said it has been actively supporting the “Waste Management Campaign” in the Solukhumbu region as part of its corporate social responsibility. ', 'content' => '<p><span style="font-size:13px">November 17: Tara Air said it has been actively supporting the “Waste Management Campaign” in the Solukhumbu region as part of its corporate social responsibility. The campaign was conducted in collaboration with the Sagarmatha Pollution Control Committee (SPCC) and the Himalayan Club, a Lukla-based NGO, reads a press statement issued by the company.</span></p> <p>In order to maintain the environmental quality of this region, Tara Air with the help of Himalayan Club and SPCC airlifted approximately 11,000 kg of non-biodegradable waste away from the region, operating nine flights from Lukla airport.</p> <p>The approximate cost of this sponsored service by the airline is worth over Rs 1 million. The waste products were airlifted to Kathmandu and handed over to the Kathmandu Municipality, which will distribute it to the proper recycling centers, according to Tara Air.</p> <p>“In the year 2016 we successfully managed a similar waste management campaign airlifting 12,000 kg of waste from the Solukhumbu region,” reads the statement.</p> <p>The airlines expressed its confidence that this campaign has helped in creating environmental awareness among the youth, the local entrepreneurs, and the tourists who visit this Himalayan region.</p> <p>“We hope that other private enterprises will also extend their hands in supporting such environmental campaigns in the future,” the statement said.</p> <p>Tara Air said that the company along with its sister airlines - Yeti Airlines – have been providing continuous service in the remote sectors of Nepal since 1998. The airlines claimed that it is currently the only airlines in Nepal to provide services in remote sectors with scheduled flights throughout the year.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6699', 'image' => '20171117124852_20171112131732_IMG_1594 (1).jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6917', 'article_category_id' => '1', 'title' => 'Enterprise’s Business Accelerator Programme Concludes', 'sub_title' => '', 'summary' => 'November 17: Enterprise, a business accelerator, has successfully completed its third batch of the accelerator programme on November 15. ', 'content' => '<p><span style="font-size:13px">November 17: Enterprise, a business accelerator, has successfully completed its third batch of the accelerator programme on November 15. Issuing a press statement, Enterprise claimed itself to be the first business accelerator of its kind operated by the private sector in Nepal.</span></p> <p>It seeks to mentor newly set up Nepali companies to build better products, raise funds, and move to the next level of business growth, the statement said.</p> <p>“In essence, Enterprise aims to become the vital link between the various stakeholders of the Nepali entrepreneurial ecosystem,” reads the statement.</p> <p>The company claimed that the third edition of the accelerator programme gathered huge interest from over 1028 companies, out of which five carefully selected companies were given the opportunity to be a part of the program.</p> <p>Eminence Ways Pvt Ltd, Bhoomi Food Products, Customized Furniture, Source Code Pvt Ltd and The Physique Workshop were the companies that were selected for the 12 weeks mentorship programme.</p> <p>The company said that the participants got an opportunity to work with some of the industry experts in the country to reassess their business models, re-align their vision and objectives, plan their finances, get legal consultation, and ultimately, develop internal resources to target a high level of growth.</p> <p>This programme has been initiated by Nepalese Young Entrepreneurs’ Forum (NYEF) in partnership with Ronnie K Irani Centre for Creation of Economic Wealth (CCEW) at the University of Oklahoma and is managed and funded by True North Associates, a venture capital/private equity firm based in Nepal.</p> <p>For the third edition of the programme, Enterprise partnered with various organizations, namely Shikhar Insurance Company Ltd, NMB Bank Ltd, Jaguar Investments Pvt Ltd, iCapital Pvt Ltd, ACT 360 Pvt Ltd, Onion Films Pvt Ltd, and Emazing Pvt Ltd.</p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6698', 'image' => '20171117123520_1.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6916', 'article_category_id' => '1', 'title' => 'Laxmi Bank’s Two New Branches in Kanchanpur and Kailali', 'sub_title' => '', 'summary' => 'November 17: Laxmi Bank has inaugurated two new branches in Jhallari, Kanchanpur and Bauniya, Kailali.', 'content' => '<p>November 17: Laxmi Bank has inaugurated two new branches in Jhallari, Kanchanpur and Bauniya, Kailali. Issuing a press statement, the bank said that the two branches will offer full range of retail banking services customized to meet the needs of individuals and small businesses.</p> <p>With this, Laxmi Bank’s network has now spread to 41 districts and includes 74 branches, three hospital service counters, 95 ATMs and more than 2,500 remittance counters and more than 400 mobile banking agents spread across the country.</p> <p>The bank said it is rapidly expanding to newer and underserved markets with the aim of serving the growing demand for professional financial services such as innovative saving accounts, term deposits, home and auto loans, small business loans, microfinance, insurance etc.</p> <p>According to the statement, the bank actively promotes digital channels such as internet and mobile banking to complement the growing number of branches as part of the ‘bricks and clicks’ strategy.</p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6697', 'image' => '20171117120904_Nep logo.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6915', 'article_category_id' => '1', 'title' => '‘China Intends to Share the Formula of Fusion Economics through BRI’ ', 'sub_title' => '', 'summary' => ' November 15: China’s Belt and Road Initiative (BRI) dwarfs the Marshall Plan of USA and cannot be ignored, said experts at a program organised by Nepal Economic Forum (NEF) as a part of its regular ‘neftalk’ in Kathmandu on Wednesday, November 15.', 'content' => '<p><span style="font-size:13px"> November 15: China’s Belt and Road Initiative (BRI) dwarfs the Marshall Plan of USA and cannot be ignored, said experts at a program organised by Nepal Economic Forum (NEF) as a part of its regular ‘neftalk’ in Kathmandu on Wednesday, November 15.</span></p> <p>Sujeev Shakya, chair of the NEF, said there is a new world order emerging with the Quad block and Indo Pacific initiatives being revived by Australia, Japan, India and United States.</p> <p>“Nepal rather than pursuing equidistance policy between China and India, should take advantage of the synergy that China’s BRI and India’s Act East policy presents,” reads a press statement issued by NEF.</p> <p>Keynote speaker of the program Laurence Brahm, chair of Himalayan Consensus Institute, said that the China intends to share the formula of fusion economics through outbound investments in developing countries facing the same challenges which China had overcome through the past three decades through the BRI initiative.</p> <p>Brahm pointed out that fixed asset infrastructure like high speed rails, highways, ports and telecommunications as well as air travel systems are important driver of growth through a combination of public and private partnership, which is a critical part of China’s success story. </p> <p>Laurence acknowledged that the BRI is going to be intrusive, but according to him, ecological civilization needs to run in parallel to the intrusion; and it is the path that China has taken in the recent years. <br /> Regarding the speculations on financing of the BRI projects, he noted that China is no longer the factory of the world, it is the investor of the world and will soon be the central bank of the world that creates financial architectures. <br /> The major challenge according to him, that the BRI faces, is the issue of cultural connectivity which calls for more cultural dialogue, not only in China, but in all the countries across Asia and Europe. Silk route was not only about trade of silk and tea but also an exchange of values and culture which needs to come back.</p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6696', 'image' => '20171116054022_neff.jpg', 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6914', 'article_category_id' => '1', 'title' => 'Paragliding comes to Kathmandu’s Doorstep', 'sub_title' => '', 'summary' => 'November 16: After months of rigorous test flights, Shankarapur Paragliding has started commercial flights for adventure lovers in the north-eastern outskirts of Kathmandu.', 'content' => '<p>November 16: After months of rigorous test flights, Shankarapur Paragliding has started commercial flights for adventure lovers in the north-eastern outskirts of Kathmandu. <br /> The initiative taken by the company to start tandem and solo flights near the ancient city of Sankhu, currently known as Shankarapur, heralds a new era for adventure sports lovers of the capital, who until now had to travel as far as Pokhara to enjoy paragliding. <br /> “Very few people are aware that paragliding is available at the doorstep of Kathmandu,” said Rajendra Dahal, patron of the company that has been operating in the rim of the valley since the last four years. <br /> “We can tap in the potential of paragliding to promote adventure tourism,” added Dahal.<br /> Kusal Thapa, the company’s managing director, said that their initiative would benefit the locals of Kathmandu as well as international tourists.<br /> Organising a press conference in the capital on Thursday, November 16, the company informed that the paragliding site is located five kilometers away from Sankhu at Jorsinghpauwa, which is in between the ancient city and Nagarkot, a popular tourist destination. The company informed that they have 12 solo pilots and four tandem pilots and have been operating 15 flights per day. The flights take off from the hilltop and land outside the valley, which is half and hour away from the starting point. <br /> Thapa further said that the operation of the flights outside the valley would not affect any local and international flights. <br /> “We have got the license to operate paragliding as our flights does not affect international flights in any way,” he said referring to another paragliding company in the Valley in Godavari which courted controversy as it was near the airport, thereby affecting international flights.<br /> Regarding safety issues, Thapa, who is himself a paragliding pilot, said that there are very few incidents in paragliding as long as they follow the rules and remain alert about the weather condition.<br /> “Accidents happen mostly when the solo pilots perform stunts. But if you follow the rules, it is perfectly safe,” assured Thapa. <br /> According to Thapa, the price for foreign nationals is USD 100 while the locals have to pay Rs 5,500 for tandem flights.<br /> The company provides transportation facility as well as lunch for its customers. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6695', 'image' => '20171116052321_para.jpg', 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6913', 'article_category_id' => '1', 'title' => 'Century Bank Introduces Multi Currency Card Service', 'sub_title' => 'Remittance and mobile app also started', 'summary' => 'November 16: Century Commercial Bank has launched a multi-currency card service amid an event on Wednesday, November 15.', 'content' => '<p><span style="font-size:13px">November 16: Century Commercial Bank has launched a multi-currency card service amid an event on Wednesday, November 15. The bank has brought the multi-currency card for the first time in Nepal by collaborating with Axis Bank of India. With this, now the Nepalis won’t have to face any difficulty to exchange foreign currency of different countries. Currencies of 16 countries can be loaded in the same multi-currency card service and taken along. This card will bring relief to those customers who are facing shortage of foreign currencies. </span></p> <p>“The transaction is difficult without the use of technology in today’s world, so, the banks should focus on bringing new technologies. The initiation of Century Bank to bring this product has helped to promote digital economy in the country,” said Shiva Raj Shrestha, deputy governor of Nepal Rastra Bank.</p> <p>Anil Keshari Shah, president of Bankers Association of Nepal, shared that this card will minimize the risk of loss of remittance and cash theft while exchanging the US dollars with other currencies.</p> <p>Along with the card, the company also started the Indo-Nepal Easy Remit and Mobile Banking Service in collaboration with Axis Bank. With its objective to promote digital economy, the bank has also launched a mobile app. “Through this app, the customers can transfer money and make utility payments. Payments to different vendors can be made through this app,” said Jiwan Bhattarai, CEO of Century Bank.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6694', 'image' => '20171116041801_century.jpg', 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6912', 'article_category_id' => '1', 'title' => '15th Handicraft Trade Fair to kick off Friday', 'sub_title' => '', 'summary' => 'November 16: The Federation of Handicraft Associations of Nepal (FHAN), with an aim of promoting Nepali handicraft products in both domestic as well as international market, is organising the ‘15th Handicraft Trade Fair’ in Kathmandu.', 'content' => '<p><span style="font-size:13px">November 16: The Federation of Handicraft Associations of Nepal (FHAN), with an aim of promoting Nepali handicraft products in both domestic as well as international market, is organising the ‘15</span><sup>th</sup><span style="font-size:13px"> Handicraft Trade Fair’ in Kathmandu.</span></p> <p>The exhibition will be organised from Friday to November 21, in collaboration with Trade and Export Promotion Center (TEPC) and the Ministry of Commerce (MoC).</p> <p>Organising a press meet on Wednesday, President of FHAN Dharma Raj Shakya said that this kind of exhibition will help promote Nepali handicraft products in international market.</p> <p>“Nepali handicraft products have a huge market potential in the international arena,” he said.</p> <p>The organisers have expected that the five-day long exhibition will record transaction of almost Rs 100 million. Handicraft entrepreneurs from 25 different districts will showcase different products through 200 stalls in the event.</p> <p>The organisers claimed that buyers from 35 different countries like China, Japan, Bhutan, Pakistan, India, among others will visit the exhibition. The exhibition is expected to have a footfall of almost 200,000 visitors.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6693', 'image' => '20171116034730__DSC8433.jpg', 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6911', 'article_category_id' => '1', 'title' => 'Businessmen Stress on Need for Professional Standard in Business', 'sub_title' => '', 'summary' => 'November 16: A skill-development project funded by the European Union has been started by the government of Nepal in collaboration with the Council for Technical Education and Vocational Training (CTEVT).', 'content' => '<p><span style="font-size:13px">November 16: A skill-development project funded by the European Union has been started by the government of Nepal in collaboration with the Council for Technical Education and Vocational Training (CTEVT).</span></p> <p>The project is expected to reduce the gap between demand and supply by producing skilled manpower through Technical and Vocational Education and Training (TEVT). It will motivate to maximize the employment and equal opportunity to trained youths. </p> <p>According to the project, a total of 26.1 million euros has been allocated for the project. Businessmen and experts who participated in a workshop titled ‘Benefits of professional standard in private sector and technical education and training’ said that it is necessary to maintain professional standard in business.</p> <p>CN Kurli, team leader of the project, said that technical education enhances human capacity as well as the productivity of humans. Shekhar Golchha, vice president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) stated that private sector has been creating employment despite multiple hurdles and the project will enhance professional capacity by preparing skilled manpower.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6692', 'image' => null, 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6910', 'article_category_id' => '1', 'title' => 'Global IME Bank’s Online Account Facility', 'sub_title' => '', 'summary' => 'November 16: Global IME Bank has made arrangements for its potential customers to open their accounts online.', 'content' => '<p><span style="font-size:13px">November 16: Global IME Bank has made arrangements for its potential customers to open their accounts online. Issuing a press statement, the bank said that it announced such facility to aide the Nepalis living abroad to open accounts with ease. As per this provision, Nepalis can open account from any branch of the bank online round the clock. Nepalis living abroad will get their account number through an email, the company said.</span></p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6691', 'image' => '20171116125104_download.jpg', 'article_date' => '2017-11-16 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' => '6926', 'article_category_id' => '1', 'title' => 'Siddhartha Rana Tops the List of Income Taxpayers', 'sub_title' => '', 'summary' => 'November 17: The government has awarded 15 different taxpayer companies and individuals in different categories on the occasion of the 6th National Tax Day, Friday, November 17 .', 'content' => '<p><span style="font-size:13px">November 17: The government has awarded 15 different taxpayer companies and individuals in different categories on the occasion of the 6th National Tax Day, Friday, November 17 .</span></p> <p>Chief Secretary Lok Darshan Regmi and Finance Secretary Sankhar Adhikari jointly honored top 15 tax payers of the country in different headings, amid a program organised by the Inland Revenue Department (IRD).</p> <p>Siddhartha Shumsher Rana, who is the president of Sipradi Trading Pvt Ltd, bagged the award for paying highest amount of income tax in individual category. He was awarded for the third time in a row. Similarly, Sipradi Trading Pvt Ltd had paid the highest amount of income tax in the Fiscal Year 2016/2017, among the companies.</p> <p>Likewise, Pawan Kumar International had paid the highest amount of value added tax (VAT) in the last fiscal year. Surya Nepal Pvt Ltd, which manufactures products ranging from cigarettes to readymade garments, bagged the award for being the highest taxpayer in the last fiscal year.</p> <p>According to the IRD, Himlayan Bank was honored for being the highest taxpayer among banks and financial institutions. Likewise, Nepal Re-Insurance Company and WorldLink Communications also bagged the award for being the highest taxpayers among life insurance companies and technology companies respectively.</p> <p>Dr Upendra Devkota and Gorkha Development Bank were also announced as highest taxpayers among small income taxpayers and medium income taxpayers respectively. Similarly, the government honored Triyog High School and Tiger Tops Pvt Ltd for being highest taxpayers among health and education sector, and tourism industry respectively.</p> <p>Below is the complete list of individuals and companies awarded by the government in various categories:</p> <table border="1" cellpadding="0" cellspacing="0" style="width:595px"> <tbody> <tr> <td style="width:49px"> <p>S.N.</p> </td> <td style="width:318px"> <p>Categories</p> </td> <td style="width:228px"> <p>Awardees</p> </td> </tr> <tr> <td style="height:24px; width:49px"> <p>1.</p> </td> <td style="height:24px; width:318px"> <p>Company</p> </td> <td style="height:24px; width:228px"> <p>Surya Nepal Pvt Ltd</p> </td> </tr> <tr> <td style="width:49px"> <p>2.</p> </td> <td style="width:318px"> <p>Exporter</p> </td> <td style="width:228px"> <p>Verscend Technology Pvt Ltd</p> </td> </tr> <tr> <td style="width:49px"> <p>3.</p> </td> <td style="width:318px"> <p>Industrial Sector</p> </td> <td style="width:228px"> <p>Himal Power Ltd</p> </td> </tr> <tr> <td style="width:49px"> <p>4.</p> </td> <td style="width:318px"> <p>Agriculture and Livestock</p> </td> <td style="width:228px"> <p>National Seed Company</p> </td> </tr> <tr> <td style="height:29px; width:49px"> <p>5.</p> </td> <td style="height:29px; width:318px"> <p>Co-operative</p> </td> <td style="height:29px; width:228px"> <p>Rastriya Shakari Bank</p> </td> </tr> <tr> <td style="height:23px; width:49px"> <p>6.</p> </td> <td style="height:23px; width:318px"> <p>BFIs</p> </td> <td style="height:23px; width:228px"> <p>Himalayan Bank</p> </td> </tr> <tr> <td style="height:41px; width:49px"> <p>7.</p> </td> <td style="height:41px; width:318px"> <p>Insurance Company</p> </td> <td style="height:41px; width:228px"> <p>Nepal Re-Insurance Company Ltd</p> </td> </tr> <tr> <td style="height:23px; width:49px"> <p>8.</p> </td> <td style="height:23px; width:318px"> <p>Health and Education</p> </td> <td style="height:23px; width:228px"> <p>Triyog High School</p> </td> </tr> <tr> <td style="width:49px"> <p>9.</p> </td> <td style="width:318px"> <p>Information and Technology</p> </td> <td style="width:228px"> <p>WorldLink Communications</p> </td> </tr> <tr> <td style="width:49px"> <p>10.</p> </td> <td style="width:318px"> <p>Tourism</p> </td> <td style="width:228px"> <p>Tiger Tops</p> </td> </tr> <tr> <td style="height:28px; width:49px"> <p>11.</p> </td> <td style="height:28px; width:318px"> <p>Trading Company</p> </td> <td style="height:28px; width:228px"> <p>Sipradi Trading Pvt Ltd</p> </td> </tr> <tr> <td style="width:49px"> <p>12.</p> </td> <td style="width:318px"> <p>Small Tax Payer</p> </td> <td style="width:228px"> <p>Dr Upendra Devkota</p> </td> </tr> <tr> <td style="width:49px"> <p>13.</p> </td> <td style="width:318px"> <p>Medium Tax Payer</p> </td> <td style="width:228px"> <p>Gorkha Development Bank (Nepal) Pvt Ltd</p> </td> </tr> <tr> <td style="height:44px; width:49px"> <p>14=</p> </td> <td style="height:44px; width:318px"> <p>Personal Tax Payer</p> </td> <td style="height:44px; width:228px"> <p>Siddhartha Shumsher JB Rana</p> </td> </tr> <tr> <td style="width:49px"> <p>15.</p> </td> <td style="width:318px"> <p>Highest VAT Payer</p> </td> <td style="width:228px"> <p>Pawan Kumar International</p> </td> </tr> </tbody> </table> <p> </p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6705', 'image' => '20171117052121_tax.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6923', 'article_category_id' => '1', 'title' => 'Nepal Bank Celebrates 81st Anniversary', 'sub_title' => '', 'summary' => 'November 17: Nepal Bank Ltd completed eight decades of its banking service on Thursday.', 'content' => '<p><strong style="font-size:13px">November 17: Nepal Bank Ltd completed eight decades of its banking service </strong><strong style="font-size:13px">on Thursday</strong><strong style="font-size:13px">. Issuing a press statement, the bank said that it organised a blood donation, diabetes test, among other programmes on the occasion of its anniversary. “A total of 106 people including bank staffers and general public donated blood in the event,” the bank said in the statement. Similarly, a total of 150 people attended the diabetes test programme, which was organised in collaboration with Lions Club of Putalisadak.</strong></p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6704', 'image' => '20171117030841_nepal bank.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6922', 'article_category_id' => '1', 'title' => 'Sanima signs Agreement with Ex-Im Bank of India', 'sub_title' => '', 'summary' => 'November 17: Sanima Bank and Ex-Im Bank of India have signed an agreement to send remittance to Nepal from their banking network. ', 'content' => '<p><span style="font-size:13px">November 17: Sanima Bank and Ex-Im Bank of India have signed an agreement to send remittance to Nepal from their banking network. As per the agreement, the remittance sent from India can be received from any branch of Sanima Bank. Sanima’s Chief Finance Officer Saroj Guragain and Ex-Im Bank’s financial group’s CEO Ashok Gautam signed the agreement amid a function, reads a press statement issued by the bank.</span></p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6703', 'image' => '20171117030619_sanima.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6921', 'article_category_id' => '1', 'title' => 'Gandaki Opens Branch in Biratnagar', 'sub_title' => '', 'summary' => 'November 17: Gandaki Bikas Bank has opened a branch at Biratnagar, Morang.', 'content' => '<p><span style="font-size:13px">November 17: Gandaki Bikas Bank has opened a branch at Biratnagar, Morang. Biratnagar’s Mayor Bhim Parajuli inaugurated the branch amid a function on Thursday, November 16. The bank’s chairman Janak Bahadur Gurung said that the bank added a branch in Biratnagar as per its policy to extend its services to places lacking financial service. The bank’s deputy CEO Chabindra Sharma shed light on the bank’s financial status, services and other activities during the programme.</span></p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6702', 'image' => '20171117025751_gand.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6920', 'article_category_id' => '1', 'title' => 'NEA and China’s Three Gorges Sign JVA for West Seti Project', 'sub_title' => '', 'summary' => 'November 17: Nepal Electricity Authority (NEA) and China Three Gorges Corporation (CTGC) signed a joint venture agreement for the West Seti Hydropower Project.', 'content' => '<p><span style="font-size:13px">November 17: Nepal Electricity Authority (NEA) and China Three Gorges Corporation (CTGC) signed a joint venture agreement for the West Seti Hydropower Project.</span></p> <p>Kulman Ghising, executive director at NEA, and representative from CTGC signed the agreement on Thursday, November 17.</p> <p>“The agreement to jointly invest and establish a company has been done after 10 months of preliminary agreement,” said Prabal Adhikari, spokesperson of NEA.</p> <p>According to the agreement, Three Gorges and NEA will have 75 and 25 percent investment respectively in the project. The technical team of the company has already studied the geological aspects of the project. The project will impact places like Doti, Baitadi, Bajhang and Dadeldura. Locals of the areas have been waiting for the project to start because of which they have not been able to complete general development works in their localities.</p> <p>The estimated cost of the project is Rs 160 billion. If the NEA fails to collect 25 percent of amount for the project, the state-owned utility can take loan from Ex-Im Bank of China. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6701', 'image' => '20171117024635_jv.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6919', 'article_category_id' => '1', 'title' => 'Construction of Pokhara International Airport begins', 'sub_title' => '', 'summary' => 'November 17: The construction of an international airport in Pokhara, which is a national pride project, has finally begun two years after laying the foundation stones.', 'content' => '<p><span style="font-size:13px">November 17: The construction of an international airport in Pokhara, which is a national pride project, has finally begun two years after laying the foundation stones.</span></p> <p>The airport will be built by a Chinese company, CAMC Engineering, with a loan support of Rs 22 billion from Ex-Im Bank of China. As per the contract with the Chinese company, the construction of the project should be complete by the end of June 2021.</p> <p>According to Pradip Adhikari, a chief engineer at the project, all of the equipment like dozers, excavators, loaders, tippers, among others have already been brought to the construction site.</p> <p>“There are more than one dozen equipment and 100 workers for the construction works,” he added.</p> <p>Once the construction gets completed, aircrafts like Boeing-757, Airbus-320, among others can operate from the airport. The runway of the airport will be 2,500 meters long, and 45 meters wide. A total of 6,935 ropanis of land has been acquired by the government for the construction of the airport.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6700', 'image' => '20171117024539_pokhara.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6918', 'article_category_id' => '1', 'title' => 'Tara Air Airlifts 11,000 kg of Waste from Khumbu region', 'sub_title' => '', 'summary' => 'November 17: Tara Air said it has been actively supporting the “Waste Management Campaign” in the Solukhumbu region as part of its corporate social responsibility. ', 'content' => '<p><span style="font-size:13px">November 17: Tara Air said it has been actively supporting the “Waste Management Campaign” in the Solukhumbu region as part of its corporate social responsibility. The campaign was conducted in collaboration with the Sagarmatha Pollution Control Committee (SPCC) and the Himalayan Club, a Lukla-based NGO, reads a press statement issued by the company.</span></p> <p>In order to maintain the environmental quality of this region, Tara Air with the help of Himalayan Club and SPCC airlifted approximately 11,000 kg of non-biodegradable waste away from the region, operating nine flights from Lukla airport.</p> <p>The approximate cost of this sponsored service by the airline is worth over Rs 1 million. The waste products were airlifted to Kathmandu and handed over to the Kathmandu Municipality, which will distribute it to the proper recycling centers, according to Tara Air.</p> <p>“In the year 2016 we successfully managed a similar waste management campaign airlifting 12,000 kg of waste from the Solukhumbu region,” reads the statement.</p> <p>The airlines expressed its confidence that this campaign has helped in creating environmental awareness among the youth, the local entrepreneurs, and the tourists who visit this Himalayan region.</p> <p>“We hope that other private enterprises will also extend their hands in supporting such environmental campaigns in the future,” the statement said.</p> <p>Tara Air said that the company along with its sister airlines - Yeti Airlines – have been providing continuous service in the remote sectors of Nepal since 1998. The airlines claimed that it is currently the only airlines in Nepal to provide services in remote sectors with scheduled flights throughout the year.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6699', 'image' => '20171117124852_20171112131732_IMG_1594 (1).jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6917', 'article_category_id' => '1', 'title' => 'Enterprise’s Business Accelerator Programme Concludes', 'sub_title' => '', 'summary' => 'November 17: Enterprise, a business accelerator, has successfully completed its third batch of the accelerator programme on November 15. ', 'content' => '<p><span style="font-size:13px">November 17: Enterprise, a business accelerator, has successfully completed its third batch of the accelerator programme on November 15. Issuing a press statement, Enterprise claimed itself to be the first business accelerator of its kind operated by the private sector in Nepal.</span></p> <p>It seeks to mentor newly set up Nepali companies to build better products, raise funds, and move to the next level of business growth, the statement said.</p> <p>“In essence, Enterprise aims to become the vital link between the various stakeholders of the Nepali entrepreneurial ecosystem,” reads the statement.</p> <p>The company claimed that the third edition of the accelerator programme gathered huge interest from over 1028 companies, out of which five carefully selected companies were given the opportunity to be a part of the program.</p> <p>Eminence Ways Pvt Ltd, Bhoomi Food Products, Customized Furniture, Source Code Pvt Ltd and The Physique Workshop were the companies that were selected for the 12 weeks mentorship programme.</p> <p>The company said that the participants got an opportunity to work with some of the industry experts in the country to reassess their business models, re-align their vision and objectives, plan their finances, get legal consultation, and ultimately, develop internal resources to target a high level of growth.</p> <p>This programme has been initiated by Nepalese Young Entrepreneurs’ Forum (NYEF) in partnership with Ronnie K Irani Centre for Creation of Economic Wealth (CCEW) at the University of Oklahoma and is managed and funded by True North Associates, a venture capital/private equity firm based in Nepal.</p> <p>For the third edition of the programme, Enterprise partnered with various organizations, namely Shikhar Insurance Company Ltd, NMB Bank Ltd, Jaguar Investments Pvt Ltd, iCapital Pvt Ltd, ACT 360 Pvt Ltd, Onion Films Pvt Ltd, and Emazing Pvt Ltd.</p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6698', 'image' => '20171117123520_1.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6916', 'article_category_id' => '1', 'title' => 'Laxmi Bank’s Two New Branches in Kanchanpur and Kailali', 'sub_title' => '', 'summary' => 'November 17: Laxmi Bank has inaugurated two new branches in Jhallari, Kanchanpur and Bauniya, Kailali.', 'content' => '<p>November 17: Laxmi Bank has inaugurated two new branches in Jhallari, Kanchanpur and Bauniya, Kailali. Issuing a press statement, the bank said that the two branches will offer full range of retail banking services customized to meet the needs of individuals and small businesses.</p> <p>With this, Laxmi Bank’s network has now spread to 41 districts and includes 74 branches, three hospital service counters, 95 ATMs and more than 2,500 remittance counters and more than 400 mobile banking agents spread across the country.</p> <p>The bank said it is rapidly expanding to newer and underserved markets with the aim of serving the growing demand for professional financial services such as innovative saving accounts, term deposits, home and auto loans, small business loans, microfinance, insurance etc.</p> <p>According to the statement, the bank actively promotes digital channels such as internet and mobile banking to complement the growing number of branches as part of the ‘bricks and clicks’ strategy.</p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6697', 'image' => '20171117120904_Nep logo.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6915', 'article_category_id' => '1', 'title' => '‘China Intends to Share the Formula of Fusion Economics through BRI’ ', 'sub_title' => '', 'summary' => ' November 15: China’s Belt and Road Initiative (BRI) dwarfs the Marshall Plan of USA and cannot be ignored, said experts at a program organised by Nepal Economic Forum (NEF) as a part of its regular ‘neftalk’ in Kathmandu on Wednesday, November 15.', 'content' => '<p><span style="font-size:13px"> November 15: China’s Belt and Road Initiative (BRI) dwarfs the Marshall Plan of USA and cannot be ignored, said experts at a program organised by Nepal Economic Forum (NEF) as a part of its regular ‘neftalk’ in Kathmandu on Wednesday, November 15.</span></p> <p>Sujeev Shakya, chair of the NEF, said there is a new world order emerging with the Quad block and Indo Pacific initiatives being revived by Australia, Japan, India and United States.</p> <p>“Nepal rather than pursuing equidistance policy between China and India, should take advantage of the synergy that China’s BRI and India’s Act East policy presents,” reads a press statement issued by NEF.</p> <p>Keynote speaker of the program Laurence Brahm, chair of Himalayan Consensus Institute, said that the China intends to share the formula of fusion economics through outbound investments in developing countries facing the same challenges which China had overcome through the past three decades through the BRI initiative.</p> <p>Brahm pointed out that fixed asset infrastructure like high speed rails, highways, ports and telecommunications as well as air travel systems are important driver of growth through a combination of public and private partnership, which is a critical part of China’s success story. </p> <p>Laurence acknowledged that the BRI is going to be intrusive, but according to him, ecological civilization needs to run in parallel to the intrusion; and it is the path that China has taken in the recent years. <br /> Regarding the speculations on financing of the BRI projects, he noted that China is no longer the factory of the world, it is the investor of the world and will soon be the central bank of the world that creates financial architectures. <br /> The major challenge according to him, that the BRI faces, is the issue of cultural connectivity which calls for more cultural dialogue, not only in China, but in all the countries across Asia and Europe. Silk route was not only about trade of silk and tea but also an exchange of values and culture which needs to come back.</p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6696', 'image' => '20171116054022_neff.jpg', 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6914', 'article_category_id' => '1', 'title' => 'Paragliding comes to Kathmandu’s Doorstep', 'sub_title' => '', 'summary' => 'November 16: After months of rigorous test flights, Shankarapur Paragliding has started commercial flights for adventure lovers in the north-eastern outskirts of Kathmandu.', 'content' => '<p>November 16: After months of rigorous test flights, Shankarapur Paragliding has started commercial flights for adventure lovers in the north-eastern outskirts of Kathmandu. <br /> The initiative taken by the company to start tandem and solo flights near the ancient city of Sankhu, currently known as Shankarapur, heralds a new era for adventure sports lovers of the capital, who until now had to travel as far as Pokhara to enjoy paragliding. <br /> “Very few people are aware that paragliding is available at the doorstep of Kathmandu,” said Rajendra Dahal, patron of the company that has been operating in the rim of the valley since the last four years. <br /> “We can tap in the potential of paragliding to promote adventure tourism,” added Dahal.<br /> Kusal Thapa, the company’s managing director, said that their initiative would benefit the locals of Kathmandu as well as international tourists.<br /> Organising a press conference in the capital on Thursday, November 16, the company informed that the paragliding site is located five kilometers away from Sankhu at Jorsinghpauwa, which is in between the ancient city and Nagarkot, a popular tourist destination. The company informed that they have 12 solo pilots and four tandem pilots and have been operating 15 flights per day. The flights take off from the hilltop and land outside the valley, which is half and hour away from the starting point. <br /> Thapa further said that the operation of the flights outside the valley would not affect any local and international flights. <br /> “We have got the license to operate paragliding as our flights does not affect international flights in any way,” he said referring to another paragliding company in the Valley in Godavari which courted controversy as it was near the airport, thereby affecting international flights.<br /> Regarding safety issues, Thapa, who is himself a paragliding pilot, said that there are very few incidents in paragliding as long as they follow the rules and remain alert about the weather condition.<br /> “Accidents happen mostly when the solo pilots perform stunts. But if you follow the rules, it is perfectly safe,” assured Thapa. <br /> According to Thapa, the price for foreign nationals is USD 100 while the locals have to pay Rs 5,500 for tandem flights.<br /> The company provides transportation facility as well as lunch for its customers. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6695', 'image' => '20171116052321_para.jpg', 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6913', 'article_category_id' => '1', 'title' => 'Century Bank Introduces Multi Currency Card Service', 'sub_title' => 'Remittance and mobile app also started', 'summary' => 'November 16: Century Commercial Bank has launched a multi-currency card service amid an event on Wednesday, November 15.', 'content' => '<p><span style="font-size:13px">November 16: Century Commercial Bank has launched a multi-currency card service amid an event on Wednesday, November 15. The bank has brought the multi-currency card for the first time in Nepal by collaborating with Axis Bank of India. With this, now the Nepalis won’t have to face any difficulty to exchange foreign currency of different countries. Currencies of 16 countries can be loaded in the same multi-currency card service and taken along. This card will bring relief to those customers who are facing shortage of foreign currencies. </span></p> <p>“The transaction is difficult without the use of technology in today’s world, so, the banks should focus on bringing new technologies. The initiation of Century Bank to bring this product has helped to promote digital economy in the country,” said Shiva Raj Shrestha, deputy governor of Nepal Rastra Bank.</p> <p>Anil Keshari Shah, president of Bankers Association of Nepal, shared that this card will minimize the risk of loss of remittance and cash theft while exchanging the US dollars with other currencies.</p> <p>Along with the card, the company also started the Indo-Nepal Easy Remit and Mobile Banking Service in collaboration with Axis Bank. With its objective to promote digital economy, the bank has also launched a mobile app. “Through this app, the customers can transfer money and make utility payments. Payments to different vendors can be made through this app,” said Jiwan Bhattarai, CEO of Century Bank.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6694', 'image' => '20171116041801_century.jpg', 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6912', 'article_category_id' => '1', 'title' => '15th Handicraft Trade Fair to kick off Friday', 'sub_title' => '', 'summary' => 'November 16: The Federation of Handicraft Associations of Nepal (FHAN), with an aim of promoting Nepali handicraft products in both domestic as well as international market, is organising the ‘15th Handicraft Trade Fair’ in Kathmandu.', 'content' => '<p><span style="font-size:13px">November 16: The Federation of Handicraft Associations of Nepal (FHAN), with an aim of promoting Nepali handicraft products in both domestic as well as international market, is organising the ‘15</span><sup>th</sup><span style="font-size:13px"> Handicraft Trade Fair’ in Kathmandu.</span></p> <p>The exhibition will be organised from Friday to November 21, in collaboration with Trade and Export Promotion Center (TEPC) and the Ministry of Commerce (MoC).</p> <p>Organising a press meet on Wednesday, President of FHAN Dharma Raj Shakya said that this kind of exhibition will help promote Nepali handicraft products in international market.</p> <p>“Nepali handicraft products have a huge market potential in the international arena,” he said.</p> <p>The organisers have expected that the five-day long exhibition will record transaction of almost Rs 100 million. Handicraft entrepreneurs from 25 different districts will showcase different products through 200 stalls in the event.</p> <p>The organisers claimed that buyers from 35 different countries like China, Japan, Bhutan, Pakistan, India, among others will visit the exhibition. The exhibition is expected to have a footfall of almost 200,000 visitors.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6693', 'image' => '20171116034730__DSC8433.jpg', 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6911', 'article_category_id' => '1', 'title' => 'Businessmen Stress on Need for Professional Standard in Business', 'sub_title' => '', 'summary' => 'November 16: A skill-development project funded by the European Union has been started by the government of Nepal in collaboration with the Council for Technical Education and Vocational Training (CTEVT).', 'content' => '<p><span style="font-size:13px">November 16: A skill-development project funded by the European Union has been started by the government of Nepal in collaboration with the Council for Technical Education and Vocational Training (CTEVT).</span></p> <p>The project is expected to reduce the gap between demand and supply by producing skilled manpower through Technical and Vocational Education and Training (TEVT). It will motivate to maximize the employment and equal opportunity to trained youths. </p> <p>According to the project, a total of 26.1 million euros has been allocated for the project. Businessmen and experts who participated in a workshop titled ‘Benefits of professional standard in private sector and technical education and training’ said that it is necessary to maintain professional standard in business.</p> <p>CN Kurli, team leader of the project, said that technical education enhances human capacity as well as the productivity of humans. Shekhar Golchha, vice president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) stated that private sector has been creating employment despite multiple hurdles and the project will enhance professional capacity by preparing skilled manpower.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6692', 'image' => null, 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6910', 'article_category_id' => '1', 'title' => 'Global IME Bank’s Online Account Facility', 'sub_title' => '', 'summary' => 'November 16: Global IME Bank has made arrangements for its potential customers to open their accounts online.', 'content' => '<p><span style="font-size:13px">November 16: Global IME Bank has made arrangements for its potential customers to open their accounts online. Issuing a press statement, the bank said that it announced such facility to aide the Nepalis living abroad to open accounts with ease. As per this provision, Nepalis can open account from any branch of the bank online round the clock. Nepalis living abroad will get their account number through an email, the company said.</span></p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6691', 'image' => '20171116125104_download.jpg', 'article_date' => '2017-11-16 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' => '6926', 'article_category_id' => '1', 'title' => 'Siddhartha Rana Tops the List of Income Taxpayers', 'sub_title' => '', 'summary' => 'November 17: The government has awarded 15 different taxpayer companies and individuals in different categories on the occasion of the 6th National Tax Day, Friday, November 17 .', 'content' => '<p><span style="font-size:13px">November 17: The government has awarded 15 different taxpayer companies and individuals in different categories on the occasion of the 6th National Tax Day, Friday, November 17 .</span></p> <p>Chief Secretary Lok Darshan Regmi and Finance Secretary Sankhar Adhikari jointly honored top 15 tax payers of the country in different headings, amid a program organised by the Inland Revenue Department (IRD).</p> <p>Siddhartha Shumsher Rana, who is the president of Sipradi Trading Pvt Ltd, bagged the award for paying highest amount of income tax in individual category. He was awarded for the third time in a row. Similarly, Sipradi Trading Pvt Ltd had paid the highest amount of income tax in the Fiscal Year 2016/2017, among the companies.</p> <p>Likewise, Pawan Kumar International had paid the highest amount of value added tax (VAT) in the last fiscal year. Surya Nepal Pvt Ltd, which manufactures products ranging from cigarettes to readymade garments, bagged the award for being the highest taxpayer in the last fiscal year.</p> <p>According to the IRD, Himlayan Bank was honored for being the highest taxpayer among banks and financial institutions. Likewise, Nepal Re-Insurance Company and WorldLink Communications also bagged the award for being the highest taxpayers among life insurance companies and technology companies respectively.</p> <p>Dr Upendra Devkota and Gorkha Development Bank were also announced as highest taxpayers among small income taxpayers and medium income taxpayers respectively. Similarly, the government honored Triyog High School and Tiger Tops Pvt Ltd for being highest taxpayers among health and education sector, and tourism industry respectively.</p> <p>Below is the complete list of individuals and companies awarded by the government in various categories:</p> <table border="1" cellpadding="0" cellspacing="0" style="width:595px"> <tbody> <tr> <td style="width:49px"> <p>S.N.</p> </td> <td style="width:318px"> <p>Categories</p> </td> <td style="width:228px"> <p>Awardees</p> </td> </tr> <tr> <td style="height:24px; width:49px"> <p>1.</p> </td> <td style="height:24px; width:318px"> <p>Company</p> </td> <td style="height:24px; width:228px"> <p>Surya Nepal Pvt Ltd</p> </td> </tr> <tr> <td style="width:49px"> <p>2.</p> </td> <td style="width:318px"> <p>Exporter</p> </td> <td style="width:228px"> <p>Verscend Technology Pvt Ltd</p> </td> </tr> <tr> <td style="width:49px"> <p>3.</p> </td> <td style="width:318px"> <p>Industrial Sector</p> </td> <td style="width:228px"> <p>Himal Power Ltd</p> </td> </tr> <tr> <td style="width:49px"> <p>4.</p> </td> <td style="width:318px"> <p>Agriculture and Livestock</p> </td> <td style="width:228px"> <p>National Seed Company</p> </td> </tr> <tr> <td style="height:29px; width:49px"> <p>5.</p> </td> <td style="height:29px; width:318px"> <p>Co-operative</p> </td> <td style="height:29px; width:228px"> <p>Rastriya Shakari Bank</p> </td> </tr> <tr> <td style="height:23px; width:49px"> <p>6.</p> </td> <td style="height:23px; width:318px"> <p>BFIs</p> </td> <td style="height:23px; width:228px"> <p>Himalayan Bank</p> </td> </tr> <tr> <td style="height:41px; width:49px"> <p>7.</p> </td> <td style="height:41px; width:318px"> <p>Insurance Company</p> </td> <td style="height:41px; width:228px"> <p>Nepal Re-Insurance Company Ltd</p> </td> </tr> <tr> <td style="height:23px; width:49px"> <p>8.</p> </td> <td style="height:23px; width:318px"> <p>Health and Education</p> </td> <td style="height:23px; width:228px"> <p>Triyog High School</p> </td> </tr> <tr> <td style="width:49px"> <p>9.</p> </td> <td style="width:318px"> <p>Information and Technology</p> </td> <td style="width:228px"> <p>WorldLink Communications</p> </td> </tr> <tr> <td style="width:49px"> <p>10.</p> </td> <td style="width:318px"> <p>Tourism</p> </td> <td style="width:228px"> <p>Tiger Tops</p> </td> </tr> <tr> <td style="height:28px; width:49px"> <p>11.</p> </td> <td style="height:28px; width:318px"> <p>Trading Company</p> </td> <td style="height:28px; width:228px"> <p>Sipradi Trading Pvt Ltd</p> </td> </tr> <tr> <td style="width:49px"> <p>12.</p> </td> <td style="width:318px"> <p>Small Tax Payer</p> </td> <td style="width:228px"> <p>Dr Upendra Devkota</p> </td> </tr> <tr> <td style="width:49px"> <p>13.</p> </td> <td style="width:318px"> <p>Medium Tax Payer</p> </td> <td style="width:228px"> <p>Gorkha Development Bank (Nepal) Pvt Ltd</p> </td> </tr> <tr> <td style="height:44px; width:49px"> <p>14=</p> </td> <td style="height:44px; width:318px"> <p>Personal Tax Payer</p> </td> <td style="height:44px; width:228px"> <p>Siddhartha Shumsher JB Rana</p> </td> </tr> <tr> <td style="width:49px"> <p>15.</p> </td> <td style="width:318px"> <p>Highest VAT Payer</p> </td> <td style="width:228px"> <p>Pawan Kumar International</p> </td> </tr> </tbody> </table> <p> </p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6705', 'image' => '20171117052121_tax.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6923', 'article_category_id' => '1', 'title' => 'Nepal Bank Celebrates 81st Anniversary', 'sub_title' => '', 'summary' => 'November 17: Nepal Bank Ltd completed eight decades of its banking service on Thursday.', 'content' => '<p><strong style="font-size:13px">November 17: Nepal Bank Ltd completed eight decades of its banking service </strong><strong style="font-size:13px">on Thursday</strong><strong style="font-size:13px">. Issuing a press statement, the bank said that it organised a blood donation, diabetes test, among other programmes on the occasion of its anniversary. “A total of 106 people including bank staffers and general public donated blood in the event,” the bank said in the statement. Similarly, a total of 150 people attended the diabetes test programme, which was organised in collaboration with Lions Club of Putalisadak.</strong></p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6704', 'image' => '20171117030841_nepal bank.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6922', 'article_category_id' => '1', 'title' => 'Sanima signs Agreement with Ex-Im Bank of India', 'sub_title' => '', 'summary' => 'November 17: Sanima Bank and Ex-Im Bank of India have signed an agreement to send remittance to Nepal from their banking network. ', 'content' => '<p><span style="font-size:13px">November 17: Sanima Bank and Ex-Im Bank of India have signed an agreement to send remittance to Nepal from their banking network. As per the agreement, the remittance sent from India can be received from any branch of Sanima Bank. Sanima’s Chief Finance Officer Saroj Guragain and Ex-Im Bank’s financial group’s CEO Ashok Gautam signed the agreement amid a function, reads a press statement issued by the bank.</span></p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6703', 'image' => '20171117030619_sanima.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6921', 'article_category_id' => '1', 'title' => 'Gandaki Opens Branch in Biratnagar', 'sub_title' => '', 'summary' => 'November 17: Gandaki Bikas Bank has opened a branch at Biratnagar, Morang.', 'content' => '<p><span style="font-size:13px">November 17: Gandaki Bikas Bank has opened a branch at Biratnagar, Morang. Biratnagar’s Mayor Bhim Parajuli inaugurated the branch amid a function on Thursday, November 16. The bank’s chairman Janak Bahadur Gurung said that the bank added a branch in Biratnagar as per its policy to extend its services to places lacking financial service. The bank’s deputy CEO Chabindra Sharma shed light on the bank’s financial status, services and other activities during the programme.</span></p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6702', 'image' => '20171117025751_gand.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6920', 'article_category_id' => '1', 'title' => 'NEA and China’s Three Gorges Sign JVA for West Seti Project', 'sub_title' => '', 'summary' => 'November 17: Nepal Electricity Authority (NEA) and China Three Gorges Corporation (CTGC) signed a joint venture agreement for the West Seti Hydropower Project.', 'content' => '<p><span style="font-size:13px">November 17: Nepal Electricity Authority (NEA) and China Three Gorges Corporation (CTGC) signed a joint venture agreement for the West Seti Hydropower Project.</span></p> <p>Kulman Ghising, executive director at NEA, and representative from CTGC signed the agreement on Thursday, November 17.</p> <p>“The agreement to jointly invest and establish a company has been done after 10 months of preliminary agreement,” said Prabal Adhikari, spokesperson of NEA.</p> <p>According to the agreement, Three Gorges and NEA will have 75 and 25 percent investment respectively in the project. The technical team of the company has already studied the geological aspects of the project. The project will impact places like Doti, Baitadi, Bajhang and Dadeldura. Locals of the areas have been waiting for the project to start because of which they have not been able to complete general development works in their localities.</p> <p>The estimated cost of the project is Rs 160 billion. If the NEA fails to collect 25 percent of amount for the project, the state-owned utility can take loan from Ex-Im Bank of China. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6701', 'image' => '20171117024635_jv.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6919', 'article_category_id' => '1', 'title' => 'Construction of Pokhara International Airport begins', 'sub_title' => '', 'summary' => 'November 17: The construction of an international airport in Pokhara, which is a national pride project, has finally begun two years after laying the foundation stones.', 'content' => '<p><span style="font-size:13px">November 17: The construction of an international airport in Pokhara, which is a national pride project, has finally begun two years after laying the foundation stones.</span></p> <p>The airport will be built by a Chinese company, CAMC Engineering, with a loan support of Rs 22 billion from Ex-Im Bank of China. As per the contract with the Chinese company, the construction of the project should be complete by the end of June 2021.</p> <p>According to Pradip Adhikari, a chief engineer at the project, all of the equipment like dozers, excavators, loaders, tippers, among others have already been brought to the construction site.</p> <p>“There are more than one dozen equipment and 100 workers for the construction works,” he added.</p> <p>Once the construction gets completed, aircrafts like Boeing-757, Airbus-320, among others can operate from the airport. The runway of the airport will be 2,500 meters long, and 45 meters wide. A total of 6,935 ropanis of land has been acquired by the government for the construction of the airport.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6700', 'image' => '20171117024539_pokhara.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6918', 'article_category_id' => '1', 'title' => 'Tara Air Airlifts 11,000 kg of Waste from Khumbu region', 'sub_title' => '', 'summary' => 'November 17: Tara Air said it has been actively supporting the “Waste Management Campaign” in the Solukhumbu region as part of its corporate social responsibility. ', 'content' => '<p><span style="font-size:13px">November 17: Tara Air said it has been actively supporting the “Waste Management Campaign” in the Solukhumbu region as part of its corporate social responsibility. The campaign was conducted in collaboration with the Sagarmatha Pollution Control Committee (SPCC) and the Himalayan Club, a Lukla-based NGO, reads a press statement issued by the company.</span></p> <p>In order to maintain the environmental quality of this region, Tara Air with the help of Himalayan Club and SPCC airlifted approximately 11,000 kg of non-biodegradable waste away from the region, operating nine flights from Lukla airport.</p> <p>The approximate cost of this sponsored service by the airline is worth over Rs 1 million. The waste products were airlifted to Kathmandu and handed over to the Kathmandu Municipality, which will distribute it to the proper recycling centers, according to Tara Air.</p> <p>“In the year 2016 we successfully managed a similar waste management campaign airlifting 12,000 kg of waste from the Solukhumbu region,” reads the statement.</p> <p>The airlines expressed its confidence that this campaign has helped in creating environmental awareness among the youth, the local entrepreneurs, and the tourists who visit this Himalayan region.</p> <p>“We hope that other private enterprises will also extend their hands in supporting such environmental campaigns in the future,” the statement said.</p> <p>Tara Air said that the company along with its sister airlines - Yeti Airlines – have been providing continuous service in the remote sectors of Nepal since 1998. The airlines claimed that it is currently the only airlines in Nepal to provide services in remote sectors with scheduled flights throughout the year.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6699', 'image' => '20171117124852_20171112131732_IMG_1594 (1).jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6917', 'article_category_id' => '1', 'title' => 'Enterprise’s Business Accelerator Programme Concludes', 'sub_title' => '', 'summary' => 'November 17: Enterprise, a business accelerator, has successfully completed its third batch of the accelerator programme on November 15. ', 'content' => '<p><span style="font-size:13px">November 17: Enterprise, a business accelerator, has successfully completed its third batch of the accelerator programme on November 15. Issuing a press statement, Enterprise claimed itself to be the first business accelerator of its kind operated by the private sector in Nepal.</span></p> <p>It seeks to mentor newly set up Nepali companies to build better products, raise funds, and move to the next level of business growth, the statement said.</p> <p>“In essence, Enterprise aims to become the vital link between the various stakeholders of the Nepali entrepreneurial ecosystem,” reads the statement.</p> <p>The company claimed that the third edition of the accelerator programme gathered huge interest from over 1028 companies, out of which five carefully selected companies were given the opportunity to be a part of the program.</p> <p>Eminence Ways Pvt Ltd, Bhoomi Food Products, Customized Furniture, Source Code Pvt Ltd and The Physique Workshop were the companies that were selected for the 12 weeks mentorship programme.</p> <p>The company said that the participants got an opportunity to work with some of the industry experts in the country to reassess their business models, re-align their vision and objectives, plan their finances, get legal consultation, and ultimately, develop internal resources to target a high level of growth.</p> <p>This programme has been initiated by Nepalese Young Entrepreneurs’ Forum (NYEF) in partnership with Ronnie K Irani Centre for Creation of Economic Wealth (CCEW) at the University of Oklahoma and is managed and funded by True North Associates, a venture capital/private equity firm based in Nepal.</p> <p>For the third edition of the programme, Enterprise partnered with various organizations, namely Shikhar Insurance Company Ltd, NMB Bank Ltd, Jaguar Investments Pvt Ltd, iCapital Pvt Ltd, ACT 360 Pvt Ltd, Onion Films Pvt Ltd, and Emazing Pvt Ltd.</p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6698', 'image' => '20171117123520_1.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6916', 'article_category_id' => '1', 'title' => 'Laxmi Bank’s Two New Branches in Kanchanpur and Kailali', 'sub_title' => '', 'summary' => 'November 17: Laxmi Bank has inaugurated two new branches in Jhallari, Kanchanpur and Bauniya, Kailali.', 'content' => '<p>November 17: Laxmi Bank has inaugurated two new branches in Jhallari, Kanchanpur and Bauniya, Kailali. Issuing a press statement, the bank said that the two branches will offer full range of retail banking services customized to meet the needs of individuals and small businesses.</p> <p>With this, Laxmi Bank’s network has now spread to 41 districts and includes 74 branches, three hospital service counters, 95 ATMs and more than 2,500 remittance counters and more than 400 mobile banking agents spread across the country.</p> <p>The bank said it is rapidly expanding to newer and underserved markets with the aim of serving the growing demand for professional financial services such as innovative saving accounts, term deposits, home and auto loans, small business loans, microfinance, insurance etc.</p> <p>According to the statement, the bank actively promotes digital channels such as internet and mobile banking to complement the growing number of branches as part of the ‘bricks and clicks’ strategy.</p> ', 'published' => true, 'created' => '2017-11-17', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6697', 'image' => '20171117120904_Nep logo.jpg', 'article_date' => '2017-11-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6915', 'article_category_id' => '1', 'title' => '‘China Intends to Share the Formula of Fusion Economics through BRI’ ', 'sub_title' => '', 'summary' => ' November 15: China’s Belt and Road Initiative (BRI) dwarfs the Marshall Plan of USA and cannot be ignored, said experts at a program organised by Nepal Economic Forum (NEF) as a part of its regular ‘neftalk’ in Kathmandu on Wednesday, November 15.', 'content' => '<p><span style="font-size:13px"> November 15: China’s Belt and Road Initiative (BRI) dwarfs the Marshall Plan of USA and cannot be ignored, said experts at a program organised by Nepal Economic Forum (NEF) as a part of its regular ‘neftalk’ in Kathmandu on Wednesday, November 15.</span></p> <p>Sujeev Shakya, chair of the NEF, said there is a new world order emerging with the Quad block and Indo Pacific initiatives being revived by Australia, Japan, India and United States.</p> <p>“Nepal rather than pursuing equidistance policy between China and India, should take advantage of the synergy that China’s BRI and India’s Act East policy presents,” reads a press statement issued by NEF.</p> <p>Keynote speaker of the program Laurence Brahm, chair of Himalayan Consensus Institute, said that the China intends to share the formula of fusion economics through outbound investments in developing countries facing the same challenges which China had overcome through the past three decades through the BRI initiative.</p> <p>Brahm pointed out that fixed asset infrastructure like high speed rails, highways, ports and telecommunications as well as air travel systems are important driver of growth through a combination of public and private partnership, which is a critical part of China’s success story. </p> <p>Laurence acknowledged that the BRI is going to be intrusive, but according to him, ecological civilization needs to run in parallel to the intrusion; and it is the path that China has taken in the recent years. <br /> Regarding the speculations on financing of the BRI projects, he noted that China is no longer the factory of the world, it is the investor of the world and will soon be the central bank of the world that creates financial architectures. <br /> The major challenge according to him, that the BRI faces, is the issue of cultural connectivity which calls for more cultural dialogue, not only in China, but in all the countries across Asia and Europe. Silk route was not only about trade of silk and tea but also an exchange of values and culture which needs to come back.</p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6696', 'image' => '20171116054022_neff.jpg', 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6914', 'article_category_id' => '1', 'title' => 'Paragliding comes to Kathmandu’s Doorstep', 'sub_title' => '', 'summary' => 'November 16: After months of rigorous test flights, Shankarapur Paragliding has started commercial flights for adventure lovers in the north-eastern outskirts of Kathmandu.', 'content' => '<p>November 16: After months of rigorous test flights, Shankarapur Paragliding has started commercial flights for adventure lovers in the north-eastern outskirts of Kathmandu. <br /> The initiative taken by the company to start tandem and solo flights near the ancient city of Sankhu, currently known as Shankarapur, heralds a new era for adventure sports lovers of the capital, who until now had to travel as far as Pokhara to enjoy paragliding. <br /> “Very few people are aware that paragliding is available at the doorstep of Kathmandu,” said Rajendra Dahal, patron of the company that has been operating in the rim of the valley since the last four years. <br /> “We can tap in the potential of paragliding to promote adventure tourism,” added Dahal.<br /> Kusal Thapa, the company’s managing director, said that their initiative would benefit the locals of Kathmandu as well as international tourists.<br /> Organising a press conference in the capital on Thursday, November 16, the company informed that the paragliding site is located five kilometers away from Sankhu at Jorsinghpauwa, which is in between the ancient city and Nagarkot, a popular tourist destination. The company informed that they have 12 solo pilots and four tandem pilots and have been operating 15 flights per day. The flights take off from the hilltop and land outside the valley, which is half and hour away from the starting point. <br /> Thapa further said that the operation of the flights outside the valley would not affect any local and international flights. <br /> “We have got the license to operate paragliding as our flights does not affect international flights in any way,” he said referring to another paragliding company in the Valley in Godavari which courted controversy as it was near the airport, thereby affecting international flights.<br /> Regarding safety issues, Thapa, who is himself a paragliding pilot, said that there are very few incidents in paragliding as long as they follow the rules and remain alert about the weather condition.<br /> “Accidents happen mostly when the solo pilots perform stunts. But if you follow the rules, it is perfectly safe,” assured Thapa. <br /> According to Thapa, the price for foreign nationals is USD 100 while the locals have to pay Rs 5,500 for tandem flights.<br /> The company provides transportation facility as well as lunch for its customers. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-17', 'keywords' => '', 'description' => '', 'sortorder' => '6695', 'image' => '20171116052321_para.jpg', 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6913', 'article_category_id' => '1', 'title' => 'Century Bank Introduces Multi Currency Card Service', 'sub_title' => 'Remittance and mobile app also started', 'summary' => 'November 16: Century Commercial Bank has launched a multi-currency card service amid an event on Wednesday, November 15.', 'content' => '<p><span style="font-size:13px">November 16: Century Commercial Bank has launched a multi-currency card service amid an event on Wednesday, November 15. The bank has brought the multi-currency card for the first time in Nepal by collaborating with Axis Bank of India. With this, now the Nepalis won’t have to face any difficulty to exchange foreign currency of different countries. Currencies of 16 countries can be loaded in the same multi-currency card service and taken along. This card will bring relief to those customers who are facing shortage of foreign currencies. </span></p> <p>“The transaction is difficult without the use of technology in today’s world, so, the banks should focus on bringing new technologies. The initiation of Century Bank to bring this product has helped to promote digital economy in the country,” said Shiva Raj Shrestha, deputy governor of Nepal Rastra Bank.</p> <p>Anil Keshari Shah, president of Bankers Association of Nepal, shared that this card will minimize the risk of loss of remittance and cash theft while exchanging the US dollars with other currencies.</p> <p>Along with the card, the company also started the Indo-Nepal Easy Remit and Mobile Banking Service in collaboration with Axis Bank. With its objective to promote digital economy, the bank has also launched a mobile app. “Through this app, the customers can transfer money and make utility payments. Payments to different vendors can be made through this app,” said Jiwan Bhattarai, CEO of Century Bank.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6694', 'image' => '20171116041801_century.jpg', 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6912', 'article_category_id' => '1', 'title' => '15th Handicraft Trade Fair to kick off Friday', 'sub_title' => '', 'summary' => 'November 16: The Federation of Handicraft Associations of Nepal (FHAN), with an aim of promoting Nepali handicraft products in both domestic as well as international market, is organising the ‘15th Handicraft Trade Fair’ in Kathmandu.', 'content' => '<p><span style="font-size:13px">November 16: The Federation of Handicraft Associations of Nepal (FHAN), with an aim of promoting Nepali handicraft products in both domestic as well as international market, is organising the ‘15</span><sup>th</sup><span style="font-size:13px"> Handicraft Trade Fair’ in Kathmandu.</span></p> <p>The exhibition will be organised from Friday to November 21, in collaboration with Trade and Export Promotion Center (TEPC) and the Ministry of Commerce (MoC).</p> <p>Organising a press meet on Wednesday, President of FHAN Dharma Raj Shakya said that this kind of exhibition will help promote Nepali handicraft products in international market.</p> <p>“Nepali handicraft products have a huge market potential in the international arena,” he said.</p> <p>The organisers have expected that the five-day long exhibition will record transaction of almost Rs 100 million. Handicraft entrepreneurs from 25 different districts will showcase different products through 200 stalls in the event.</p> <p>The organisers claimed that buyers from 35 different countries like China, Japan, Bhutan, Pakistan, India, among others will visit the exhibition. The exhibition is expected to have a footfall of almost 200,000 visitors.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6693', 'image' => '20171116034730__DSC8433.jpg', 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6911', 'article_category_id' => '1', 'title' => 'Businessmen Stress on Need for Professional Standard in Business', 'sub_title' => '', 'summary' => 'November 16: A skill-development project funded by the European Union has been started by the government of Nepal in collaboration with the Council for Technical Education and Vocational Training (CTEVT).', 'content' => '<p><span style="font-size:13px">November 16: A skill-development project funded by the European Union has been started by the government of Nepal in collaboration with the Council for Technical Education and Vocational Training (CTEVT).</span></p> <p>The project is expected to reduce the gap between demand and supply by producing skilled manpower through Technical and Vocational Education and Training (TEVT). It will motivate to maximize the employment and equal opportunity to trained youths. </p> <p>According to the project, a total of 26.1 million euros has been allocated for the project. Businessmen and experts who participated in a workshop titled ‘Benefits of professional standard in private sector and technical education and training’ said that it is necessary to maintain professional standard in business.</p> <p>CN Kurli, team leader of the project, said that technical education enhances human capacity as well as the productivity of humans. Shekhar Golchha, vice president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) stated that private sector has been creating employment despite multiple hurdles and the project will enhance professional capacity by preparing skilled manpower.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6692', 'image' => null, 'article_date' => '2017-11-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6910', 'article_category_id' => '1', 'title' => 'Global IME Bank’s Online Account Facility', 'sub_title' => '', 'summary' => 'November 16: Global IME Bank has made arrangements for its potential customers to open their accounts online.', 'content' => '<p><span style="font-size:13px">November 16: Global IME Bank has made arrangements for its potential customers to open their accounts online. Issuing a press statement, the bank said that it announced such facility to aide the Nepalis living abroad to open accounts with ease. As per this provision, Nepalis can open account from any branch of the bank online round the clock. Nepalis living abroad will get their account number through an email, the company said.</span></p> ', 'published' => true, 'created' => '2017-11-16', 'modified' => '2017-11-16', 'keywords' => '', 'description' => '', 'sortorder' => '6691', 'image' => '20171116125104_download.jpg', 'article_date' => '2017-11-16 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