
October 10: IME Ltd and Weizmann Impex Service Enterprise Ltd together have announced the launch Indo-Nepal Remittance…
October 10: IME Ltd and Weizmann Impex Service Enterprise Ltd together have announced the launch Indo-Nepal Remittance…
October 10: Yeti Airlines has started displaying the United Nations’ Sustainable Development Goals logo in its…
October 9: City Express Money Transfer has announced the winner of its Utsav Express scheme.…
October 9: Officials from the Depart of Mines and Geology have made a field visit to Dang district to explore the possibility of natural gas after it was detected on the banks of the Rapti River.…
October 9: Sunrise Bank organised a cycle rally on the occasion of its tenth…
October 9: The occupancy in hotels of Nepal has grown with the arrival of tourists in peak…
October 9: Almost after a decade of long wait, the Insurance Board (IB) has issued letter of intent (LoI) to three non-life insurance…
October 9: Coca-Cola has announced more than 10,000 winners under its promotional campaign "Mann Kholaun Coke Sanga" in Nepal.…
October 9: MoneyGram has announced the winners of the second lot of its festive offer.…
October 9: Jhanak Raj Dhungel has been appointed as the Chief Executive Officer (CEO) of NIC ASIA Capital…
October 9: Dugad Brothers and Sons, the authorised distributor of Mahindra Vehicles in Nepal, has opened a new showroom at Teku, Kathmandu.…
October 8: Scraps at Udayapur Cement Industries, which were supposed to be auctioned, are yet to be sold and has taken a huge space of the…
October 8: Vehicular movement in Birgunj has been affected by the public holidays. Birgunj is the country’s busiest trading border with the southern neighbor…
October 8: With the establishment of a cotton mill at Baddada of Sarumarani Rural Municipality, the locals have started making new products from recycled clothes.…
October 8: Malaysia-based Riya IME has announced the winner of its Dashain…
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Through this partnership, Nepali migrant workers in India can now easily remit money to Nepal which will be facilitated by Weizmann’s 200 branches and 14,000 plus retail agents across India, reads a joint statement issued by the companies.</p> <p>The recipients in Nepal can receive the amount through more than 6800 local agents of IME in Nepal. IME said it will provide account deposit facilities to these customers besides cash payment options.</p> <p>Speaking on the occasion, Executive Chairman of IME Ltd Chandra Prasad Dhakal said, “The start of services between IME and Weizmann will open new doors for Nepali migrant workers in India. Weizmann is a leading player in the retail foreign exchange market while IME is the largest remittance company in Nepal and this new service will help remittance inflow from India facilitate people to send money easily to Nepal. We believe that with this money transfer service corridor in place, it would be highly beneficial to the Nepalis residing in India, to send money to their friends and family in Nepal.”</p> <p>Speaking on the occasion Sandeep Sharma, business head of Weizmann Impex Service Enterprise Ltd said, “Weizmann is one of the largest companies that has helped more than 25 million customers to receive monies from their relatives living aboard. We are delighted to partner with IME Ltd in order to extend our offering to Nepalis working in India, who wish to send money to their relatives living in Nepal. IME’s reach in Nepal and our presence in India coupled with best in class technology will surely add ease to the lives of close to over 5 million Nepalis living in India and their relatives back home.”</p> ', 'published' => true, 'created' => '2017-10-10', 'modified' => '2017-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '6462', 'image' => '20171010125425_20171010080240_Clipboard15.jpg', 'article_date' => '2017-10-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6679', 'article_category_id' => '1', 'title' => 'Yeti Airlines Partners with UN for SDGs', 'sub_title' => '', 'summary' => 'October 10: Yeti Airlines has started displaying the United Nations’ Sustainable Development Goals logo in its aircrafts.', 'content' => '<p>October 10: Yeti Airlines has started displaying the United Nations’ Sustainable Development Goals logo in its aircrafts. The SDG-branded logo was unveiled amid a function at the Tribhuvan International Airport on September 25, the airlines informed. </p> <p>With its SDG-branded aircraft, shuttle buses, handy SDG leaflets, donate now link inclusion in Yeti Airlines official website, branding of the boarding pass and social media campaigns, the airline is expected to reach thousands of people with concrete and action-oriented messages on the global goals, the company said in a statement.</p> <p> “This is a powerful example to show the world that in partnership with the private sector, the sustainable development agenda can really take off. We are highly pleased to finally see these aeroplanes flying in Nepali skies spreading the messages on how we can tackle some of the world’s biggest challenges,” the statement quoted UNDP Country Director Renaud Meyer as saying.</p> <p> “In Nepal, we have been exploring ways in which the United Nations could help the local businesses grow more responsible and SDG friendly. With Yeti, we hope to soon unveil equally inspiring joint initiatives that help Nepal meet the global goals by 2030,” he added.</p> <p>Yeti Airlines said it is one of the first in Nepal’s private sector to partner with the United Nations to promote the SDGs and address many key issues facing Nepal over the next 15 years, and by branding its aircraft with the logos, Yeti and the UN is helping bring the SDGs to the entire country.</p> <p>Yeti Airlines added that the branding of its ATR 72-500 aircraft with the UN SDGs logo demonstrates the company’s continuing commitment to promote the UN goals wherever possible and to do what it can to assist Nepal achieve them.</p> <p>“We thank the United Nations for the opportunity to support these worthy goals,” the company said in the statement.</p> <p>The initiative is part of the airlines’ on-going partnership with the United Nations in Nepal for the promotion and achievement of the SDGs. Following an agreement earlier in May, the airliner and the UN have come forward with a series of joint programmes and activities aimed at raising awareness on the SDGs and helping Nepal meet some of the global goals targets, according to the press statement.</p> <p>Under the partnership, Yeti Airlines informed that it would also collaborate with the UN to explore, adopt and promote innovative and sustainable business models in the aviation and tourism industry that would help Nepal meet some specific SDG indicators in the areas of climate change adaptation, poverty reduction and gender equality.</p> <p>Adopted by the UN Member States, including Nepal, in September 2015, the SDGs, also known as the Global Goals, are a bold, universal agreement to end poverty in all its dimensions and craft an equal, just and secure world – for the people, the planet and prosperity – by 2030.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-10-10', 'modified' => '2017-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '6458', 'image' => '20171010123633__MG_9871.jpg', 'article_date' => '2017-10-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6674', 'article_category_id' => '1', 'title' => 'City Express Announces Winners', 'sub_title' => '', 'summary' => 'October 9: City Express Money Transfer has announced the winner of its Utsav Express scheme. ', 'content' => '<p>October 9: City Express Money Transfer has announced the winner of its Utsav Express scheme. The winners of silver coins and Oppo phones were decided by electronic lucky draw, informed the company.</p> <p>Under the scheme, Shiva Khanal, Bal Kumar Sunuwar, Samjhana Dhakal, Janakmaya Lama, Ramwati Sarwaria, Niru Subedi, Pramila Giri, Yukesh Shrestha, Hem Kumari Magar, Bhakta Bahadur Tamang, Danmaya Rana Magar, Fulmaya Ghalan, Omsari Pun, Hira Purkoti, Laxmi Gharti, Rukmaya Rai, Aashik Gurung and Ganga Bahadur Pun were declared the winners of silver coins.</p> <p>Likewise, Rupesh Rana Magar and Ummaya Gurung were the winners of Oppo phones, the company said in a statement.</p> <p>The company has announced the scheme on the occasion of Dashain, Tihar and Chhath.</p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6457', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6673', 'article_category_id' => '1', 'title' => 'Natural Gas Detected in Rapti', 'sub_title' => '', 'summary' => 'October 9: Officials from the Depart of Mines and Geology have made a field visit to Dang district to explore the possibility of natural gas after it was detected on the banks of the Rapti River. ', 'content' => '<p>October 9: Officials from the Depart of Mines and Geology have made a field visit to Dang district to explore the possibility of natural gas after it was detected on the banks of the Rapti River. The team led by the department’s deputy director general, Sudhir Rajaure, inspected the site on Saturday, October 7.</p> <p>Rajaure confirmed the presence of natural gas underneath the bank of the Rapti River and added that the nature of the gas will be determined after further tests.</p> <p>“We can determine whether it is petroleum gas or methane gas only after detailed tests,” said Rajaure.</p> <p>He informed that the Department of Mines and Geology will send a team for detailed study within a month.</p> <p>It was reported that natural gas was present in a area between Dang’s Gadhwa Village Municipality-7, Jharbaira; Lamahi Municipality-5, Kolahi and Lamahi Municipality-6, Langadhi. </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6456', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6672', 'article_category_id' => '1', 'title' => 'Sunrise Bank Organises Cycle Rally', 'sub_title' => '', 'summary' => 'October 9: Sunrise Bank organised a cycle rally on the occasion of its tenth anniversary.', 'content' => '<p>October 9: Sunrise Bank organised a cycle rally on the occasion of its tenth anniversary. The rally with slogan ‘You and us, together for development’ started from the bank’s head office at Gairidhara and reached Chabahil, Maharajgunj, Kamalpokhari, New Road, Kalimati, Balkhu, Kirtipur, Pulchowk, Shankhamul, Tinkune, Gaushala, and ended at Gairidhara. The bank informed that it would conduct various social activities for a month to celebrate its anniversary.</p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6455', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6671', 'article_category_id' => '1', 'title' => 'Tourist Influx Increases in Peak Season', 'sub_title' => '', 'summary' => 'October 9: The occupancy in hotels of Nepal has grown with the arrival of tourists in peak season.', 'content' => '<p>October 9: The occupancy in hotels of Nepal has grown with the arrival of tourists in peak season.</p> <p>“The occupancy till Dashain festival was 65 percent and is believed to go up to 75 percent,” said Binayak Shah, secretary general of Hotel Association of Nepal (HAN). He added that the occupancy has been going up as the conference of Non-Resident Nepalis (NRN) is going to be held in Nepal.</p> <p>NRN representatives have arrived in Nepal at the moment. All of them are international passport holders. He said that the season is appropriate for tourists’ arrival and the booking of hotel rooms has increased because of NRN conference.</p> <p>“NRNs have been considered as tourists as they hold international passport despite the fact that they are Nepalis,” Shah added.</p> <p>Shah stated not only NRNs but the number of tourists from neighboring countries like China and India has also grown. The arrival of tourists from China and India in comparison to other countries is high as they can opt to enter Nepal through airways or roadways.</p> <p>According to estimates made by tourism entrepreneurs, the influx of tourists is expected to be higher than that of the previous year.</p> <p>Shah said the number of tourists who visit Nepal for business and other purposes has grown along with tourists who visit Nepal for adventure sports and climbing mountain.</p> <p>“We always label people as tourists only if they come for recreational purpose but there are hundreds of foreigners in Nepal who come for business and reconstruction purpose,” Shah told New Business Age, adding, “People living in Nepal as representatives of international non-governmental organizations (INGOs) working for reconstruction projects after the April and May, 2015 earthquakes in Nepal have been contributing in tourism sector of Nepal.”</p> <p>Likewise, the number of traders and business persons from India and China has grown in Nepal, he further added.</p> <p> </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6454', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6670', 'article_category_id' => '1', 'title' => 'IB Provides LoI to Non-Life Insurers After a Decade', 'sub_title' => '', 'summary' => 'October 9: Almost after a decade of long wait, the Insurance Board (IB) has issued letter of intent (LoI) to three non-life insurance companies.', 'content' => '<p>October 9: Almost after a decade of long wait, the Insurance Board (IB) has issued letter of intent (LoI) to three non-life insurance companies.</p> <p>A meeting of IB’s Board of Directors (BoD) on September 20 has given green signal to three of the total four non-life insurance companies which had sought permission for operating business almost ten years ago.</p> <p>The companies which have received LoI are Ajod Insurance Company, General Insurance Company Nepal and Sanima Insurance Company.</p> <p>These companies had applied for LoI in April 2008, December 2007 and August 2008, respectively.</p> <p>Despite receiving the application in April 2009, the IB is yet to approve the application of Manakamana Insurance Company.</p> <p>According to Sambha Raj Lammichhane, an officer at the monitoring department of IB, the board has not approved the application of the company as it has failed to submit all the necessary documents.</p> <p>The IB provides LoI to the companies only if they meet the capital requirement as per the criteria set by the board and if the promoters are not in the blacklist. </p> <p>The three companies which have received LoI should follow all the criteria and construct the infrastructure within the next three months. If the companies fulfill all the criteria, then IB will inspect the insurers to give them permission to start business.</p> <p>As per the rules, IB can approve the applications of non-life insurance companies, while life insurance companies should seek permission from the Ministry of Finance (MoF) to start business.</p> <p> </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6453', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6669', 'article_category_id' => '1', 'title' => 'Coca-Cola Announces over 10,000 Winners', 'sub_title' => '', 'summary' => 'October 9: Coca-Cola has announced more than 10,000 winners under its promotional campaign "Mann Kholaun Coke Sanga" in Nepal. ', 'content' => '<p>October 9: Coca-Cola has announced more than 10,000 winners under its promotional campaign "Mann Kholaun Coke Sanga" in Nepal. The campaign which comes with grand prizes like TVS Stryker 125cc, LG LED TVs along with mobile recharge cards has taken consumers by a storm, reads a press statement issued by the company.</p> <p>To participate in the campaign, consumers must check the 10 digit unique code under the label and SMS it to 37722 between 11 am to 7 pm. The company informed that lucky draw is conducted every hour and one winner is selected each hour.</p> <p>The customers need to keep the original label with the winning unique code for eligibility.</p> <p>The offer is available on purchase of 500 ml, 1.5 L or 2.25 L pack of Sprite, Coca-Cola or Fanta, the cstatement reads.</p> <p>The campaign which will end on October 16.</p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6452', 'image' => '20171009012344_Picture.jpg', 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6668', 'article_category_id' => '1', 'title' => 'MoneyGram Announces Winners', 'sub_title' => '', 'summary' => 'October 9: MoneyGram has announced the winners of the second lot of its festive offer. ', 'content' => '<p>October 9: MoneyGram has announced the winners of the second lot of its festive offer. Asha Rai from Lalitpur and Nirmala Dharel from Salyantar are the lucky winners of the special promotion campaign held during the Dashian season, the company said in a statement. Under this campaign, which was launched on September 1, customers across Nepal have a change for their transaction amount being doubled by MoneyGram.</p> <p>“We see a significant increase in the transaction volume around Dashian as family members make an extra effort to send money back home. To recognize those efforts, we had decided to launch a promotion campaign rewarding those customers with additional money they can spend on making this time more memorable,” said Sheshagiri Malliah, MoneyGram’s head of India and the subcontinent.</p> <p>Until October 31, every customer receiving an international money transfer in Nepal will be eligible to take part in the lucky draw. MoneyGram will double the transaction amount for 16 winners. </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6451', 'image' => '20171009011149_download (2).jpg', 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6667', 'article_category_id' => '1', 'title' => 'Dhungel Appointed CEO of NIC ASIA Capital', 'sub_title' => '', 'summary' => 'October 9: Jhanak Raj Dhungel has been appointed as the Chief Executive Officer (CEO) of NIC ASIA Capital Ltd.', 'content' => '<p>October 9: Jhanak Raj Dhungel has been appointed as the Chief Executive Officer (CEO) of NIC ASIA Capital Ltd. Dhungel was appointed to the post as per the decision of the 39<sup>th</sup> meeting of the Board of Directors of NIC ASIA Capital, reads a press statement issued by the company.</p> <p>According to the company, Dhungel has over 23 years of experience in financial sector. Earlier he was associated with Araniko Development Bank Ltd as the CEO. Dhungel succeeds Ram Chandra Khanal, who was under deputation from NIC ASIA Bank Ltd.</p> <p>NIC ASIA Capital said it has been providing full range of merchant banking services with emphasis on customer centered merchant banking services. </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6450', 'image' => '20171009010029_IMG-20171008-WA0001.jpg', 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6666', 'article_category_id' => '1', 'title' => 'Mahindra’s New Showroom at Teku', 'sub_title' => '', 'summary' => 'October 9: Dugad Brothers and Sons, the authorised distributor of Mahindra Vehicles in Nepal, has opened a new showroom at Teku, Kathmandu. ', 'content' => '<p>October 9: Dugad Brothers and Sons, the authorised distributor of Mahindra Vehicles in Nepal, has opened a new showroom at Teku, Kathmandu. Mahindra International’s Operations Chief Arbindra Matthew, International Operations South Asia Vice President Sanjeev Jadav, Dugad Brothers and Sons Chairman Bivek Dugad and Country Manager Chaitanya Kagalkar jointly inaugurated the showroom before Dashain, states a press release issued by the company.</p> <p>The company informed that the showroom was opened to make the vehicles easily accessible to its customers. Mahindra’s small commercial vehicles are available at the new showroom.</p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6449', 'image' => '20171009110602_20171009073452_Clipboard12.jpg', 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6665', 'article_category_id' => '1', 'title' => 'Scraps of Udayapur Cement worth Rs 40 million Piled up in Junkyard', 'sub_title' => '', 'summary' => 'October 8: Scraps at Udayapur Cement Industries, which were supposed to be auctioned, are yet to be sold and has taken a huge space of the company.', 'content' => '<p>October 8: Scraps at Udayapur Cement Industries, which were supposed to be auctioned, are yet to be sold and has taken a huge space of the company.</p> <p>The company which was established with a financial support of Rs 7 billion from the Japanese government, has scraps worth Rs 40 million on its premises. The company has been forced to bear huge financial loss as the scraps which are scheduled to be auctioned have been piled up in its junkyard.</p> <p>Many of the machineries, vehicles, and other modern equipment brought to Nepal from Japan have now become defunct. Those equipment and machineries are now piled up in the junkyard of the company.</p> <p>There are around five dozen expensive vehicles on the company premises, which are unused since a very long time. Scraps which are worth in Rs 3 to 20 million can be re-used again after repairing.</p> <p>According to Mahesh Kafle, acting general manager of the industry, scraps are piled up in the junkyard as the industry is waiting for the government’s permission for auction.</p> <p>“It is very hard to get materials for repairing the old equipment. Scraps worth Rs 40 million are in the junkyard of the industry,” he informed.</p> <p>There is very less information about how many vehicles were brought to Nepal from the help of Japanese government. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-10-08', 'modified' => '2017-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '6448', 'image' => null, 'article_date' => '2017-10-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6664', 'article_category_id' => '1', 'title' => 'Holidays Obstruct Vehicular Movement in Country’s Busiest Border', 'sub_title' => '', 'summary' => 'October 8: Vehicular movement in Birgunj has been affected by the public holidays. Birgunj is the country’s busiest trading border with the southern neighbor India.', 'content' => '<p>October 8: Vehicular movement in Birgunj has been affected by the public holidays. Birgunj is the country’s busiest trading border with the southern neighbor India.</p> <p> The public holiday for the third phase of the local level polls and for the recently concluded Dashain festival have resulted in huge queue of cargo trucks in the Nepal-India border. According to the local industrialists and the traders, the obstruction in the vehicular moment in Birgunj-Raxual has hit the business in the region.</p> <p>Industrialists of Birgunj are facing many difficulties in trading commodities between the two countries, Om Prakash Sharma, president of Birgunj Chamber of Commerce and Industries (BCCI), said.</p> <p>The vehicular moment was banned by the government for 72 hours during the local level polls for Province 2 on September 18. Likewise, the vehicular moment was also halted during Dashain, which has created big queue of cargo trucks in the border.</p> <p>BCCI has been requesting Birgunj Customs Office, the local police and other authorities to solve the problem at the earliest. According to Madhav Rajpal, secretary at the BCCI, the cargo trucks are in huge number between Raxual yard of Indian Railways and the highway in Nepal. “The cargo trucks carrying raw materials and other commodities are stuck in the Indian side,” Rajpal said.</p> <p>According to the traders, they are forced to pay huge amount fine as they have been unable to clear the goods on time. “Domestic traders are hit hard by the obstruction in the vehicular moment. We have requested the concerned authorities to solve the problem at the earliest,” President Sharma said.</p> <p>There is a 35-kilometer long queue of cargo trucks in between Raxual to Sugauli. There are around 3,500 cargo trucks in the queue, which have been carrying different commodities to Nepal from India and from other countries via the Indian land.<a name="_GoBack"></a></p> ', 'published' => true, 'created' => '2017-10-08', 'modified' => '2017-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '6447', 'image' => '20171008031753_20160209_130337(0).jpg', 'article_date' => '2017-10-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6663', 'article_category_id' => '1', 'title' => 'Pyuthan Locals Start Making New Products From Recycled Clothes', 'sub_title' => '', 'summary' => 'October 8: With the establishment of a cotton mill at Baddada of Sarumarani Rural Municipality, the locals have started making new products from recycled clothes. ', 'content' => '<p>October 8: With the establishment of a cotton mill at Baddada of Sarumarani Rural Municipality, the locals have started making new products from recycled clothes. People have been bringing old clothes to the mill, which is converted into raw material of mattresses.</p> <p>Govinda Buda, proprietor of the mill, has been making mattresses and blankets out of old clothes as per the customers’ demand. He said that he makes Rs 40,000 to Rs 70,000 every month.</p> <p>Khemraj Sejwal and two other persons are also associated with the industry along with Buda and have been using machines that run with the fuel, diesel. There are half a dozen entrepreneurs like Buda who have been operating small scale industries to recycle old clothes. </p> ', 'published' => true, 'created' => '2017-10-08', 'modified' => '2017-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '6446', 'image' => null, 'article_date' => '2017-10-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6662', 'article_category_id' => '1', 'title' => 'Riya IME Announces Lucky Winner', 'sub_title' => '', 'summary' => 'October 8: Malaysia-based Riya IME has announced the winner of its Dashain offer.', 'content' => '<p>October 8: Malaysia-based Riya IME has announced the winner of its Dashain offer. Issuing a press statement, the company said that Ram Mani Bhattarai has been named as the lucky winner. The winner among its customers was chosen by a software system, the company informed.</p> <p>“Bhattarai had sent Rs 32,053 from Malaysia to Nepal. The amount was withdrawn in Nepal from Abhiyan Saving and Credit Co-operative Company in Sindhupalchowk,” the statement reads.</p> <p>The company said that it will announce four more lucky winners. The statement further reads that Bhattarai will receive different home appliances like refrigerator, washing machine, LED television and micro-wave oven. </p> <p> </p> ', 'published' => true, 'created' => '2017-10-08', 'modified' => '2017-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '6445', 'image' => '20171008030320_IMG-20171005-WA0004.jpg', 'article_date' => '2017-10-08 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' => '6680', 'article_category_id' => '1', 'title' => 'IME and Weizmann Jointly Launch Indo-Nepal Remittance Service', 'sub_title' => '', 'summary' => 'October 10: IME Ltd and Weizmann Impex Service Enterprise Ltd together have announced the launch Indo-Nepal Remittance services.', 'content' => '<p>October 10: IME Ltd and Weizmann Impex Service Enterprise Ltd together have announced the launch Indo-Nepal Remittance services. Through this partnership, Nepali migrant workers in India can now easily remit money to Nepal which will be facilitated by Weizmann’s 200 branches and 14,000 plus retail agents across India, reads a joint statement issued by the companies.</p> <p>The recipients in Nepal can receive the amount through more than 6800 local agents of IME in Nepal. IME said it will provide account deposit facilities to these customers besides cash payment options.</p> <p>Speaking on the occasion, Executive Chairman of IME Ltd Chandra Prasad Dhakal said, “The start of services between IME and Weizmann will open new doors for Nepali migrant workers in India. Weizmann is a leading player in the retail foreign exchange market while IME is the largest remittance company in Nepal and this new service will help remittance inflow from India facilitate people to send money easily to Nepal. We believe that with this money transfer service corridor in place, it would be highly beneficial to the Nepalis residing in India, to send money to their friends and family in Nepal.”</p> <p>Speaking on the occasion Sandeep Sharma, business head of Weizmann Impex Service Enterprise Ltd said, “Weizmann is one of the largest companies that has helped more than 25 million customers to receive monies from their relatives living aboard. We are delighted to partner with IME Ltd in order to extend our offering to Nepalis working in India, who wish to send money to their relatives living in Nepal. IME’s reach in Nepal and our presence in India coupled with best in class technology will surely add ease to the lives of close to over 5 million Nepalis living in India and their relatives back home.”</p> ', 'published' => true, 'created' => '2017-10-10', 'modified' => '2017-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '6462', 'image' => '20171010125425_20171010080240_Clipboard15.jpg', 'article_date' => '2017-10-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6679', 'article_category_id' => '1', 'title' => 'Yeti Airlines Partners with UN for SDGs', 'sub_title' => '', 'summary' => 'October 10: Yeti Airlines has started displaying the United Nations’ Sustainable Development Goals logo in its aircrafts.', 'content' => '<p>October 10: Yeti Airlines has started displaying the United Nations’ Sustainable Development Goals logo in its aircrafts. The SDG-branded logo was unveiled amid a function at the Tribhuvan International Airport on September 25, the airlines informed. </p> <p>With its SDG-branded aircraft, shuttle buses, handy SDG leaflets, donate now link inclusion in Yeti Airlines official website, branding of the boarding pass and social media campaigns, the airline is expected to reach thousands of people with concrete and action-oriented messages on the global goals, the company said in a statement.</p> <p> “This is a powerful example to show the world that in partnership with the private sector, the sustainable development agenda can really take off. We are highly pleased to finally see these aeroplanes flying in Nepali skies spreading the messages on how we can tackle some of the world’s biggest challenges,” the statement quoted UNDP Country Director Renaud Meyer as saying.</p> <p> “In Nepal, we have been exploring ways in which the United Nations could help the local businesses grow more responsible and SDG friendly. With Yeti, we hope to soon unveil equally inspiring joint initiatives that help Nepal meet the global goals by 2030,” he added.</p> <p>Yeti Airlines said it is one of the first in Nepal’s private sector to partner with the United Nations to promote the SDGs and address many key issues facing Nepal over the next 15 years, and by branding its aircraft with the logos, Yeti and the UN is helping bring the SDGs to the entire country.</p> <p>Yeti Airlines added that the branding of its ATR 72-500 aircraft with the UN SDGs logo demonstrates the company’s continuing commitment to promote the UN goals wherever possible and to do what it can to assist Nepal achieve them.</p> <p>“We thank the United Nations for the opportunity to support these worthy goals,” the company said in the statement.</p> <p>The initiative is part of the airlines’ on-going partnership with the United Nations in Nepal for the promotion and achievement of the SDGs. Following an agreement earlier in May, the airliner and the UN have come forward with a series of joint programmes and activities aimed at raising awareness on the SDGs and helping Nepal meet some of the global goals targets, according to the press statement.</p> <p>Under the partnership, Yeti Airlines informed that it would also collaborate with the UN to explore, adopt and promote innovative and sustainable business models in the aviation and tourism industry that would help Nepal meet some specific SDG indicators in the areas of climate change adaptation, poverty reduction and gender equality.</p> <p>Adopted by the UN Member States, including Nepal, in September 2015, the SDGs, also known as the Global Goals, are a bold, universal agreement to end poverty in all its dimensions and craft an equal, just and secure world – for the people, the planet and prosperity – by 2030.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-10-10', 'modified' => '2017-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '6458', 'image' => '20171010123633__MG_9871.jpg', 'article_date' => '2017-10-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6674', 'article_category_id' => '1', 'title' => 'City Express Announces Winners', 'sub_title' => '', 'summary' => 'October 9: City Express Money Transfer has announced the winner of its Utsav Express scheme. ', 'content' => '<p>October 9: City Express Money Transfer has announced the winner of its Utsav Express scheme. The winners of silver coins and Oppo phones were decided by electronic lucky draw, informed the company.</p> <p>Under the scheme, Shiva Khanal, Bal Kumar Sunuwar, Samjhana Dhakal, Janakmaya Lama, Ramwati Sarwaria, Niru Subedi, Pramila Giri, Yukesh Shrestha, Hem Kumari Magar, Bhakta Bahadur Tamang, Danmaya Rana Magar, Fulmaya Ghalan, Omsari Pun, Hira Purkoti, Laxmi Gharti, Rukmaya Rai, Aashik Gurung and Ganga Bahadur Pun were declared the winners of silver coins.</p> <p>Likewise, Rupesh Rana Magar and Ummaya Gurung were the winners of Oppo phones, the company said in a statement.</p> <p>The company has announced the scheme on the occasion of Dashain, Tihar and Chhath.</p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6457', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6673', 'article_category_id' => '1', 'title' => 'Natural Gas Detected in Rapti', 'sub_title' => '', 'summary' => 'October 9: Officials from the Depart of Mines and Geology have made a field visit to Dang district to explore the possibility of natural gas after it was detected on the banks of the Rapti River. ', 'content' => '<p>October 9: Officials from the Depart of Mines and Geology have made a field visit to Dang district to explore the possibility of natural gas after it was detected on the banks of the Rapti River. The team led by the department’s deputy director general, Sudhir Rajaure, inspected the site on Saturday, October 7.</p> <p>Rajaure confirmed the presence of natural gas underneath the bank of the Rapti River and added that the nature of the gas will be determined after further tests.</p> <p>“We can determine whether it is petroleum gas or methane gas only after detailed tests,” said Rajaure.</p> <p>He informed that the Department of Mines and Geology will send a team for detailed study within a month.</p> <p>It was reported that natural gas was present in a area between Dang’s Gadhwa Village Municipality-7, Jharbaira; Lamahi Municipality-5, Kolahi and Lamahi Municipality-6, Langadhi. </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6456', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6672', 'article_category_id' => '1', 'title' => 'Sunrise Bank Organises Cycle Rally', 'sub_title' => '', 'summary' => 'October 9: Sunrise Bank organised a cycle rally on the occasion of its tenth anniversary.', 'content' => '<p>October 9: Sunrise Bank organised a cycle rally on the occasion of its tenth anniversary. The rally with slogan ‘You and us, together for development’ started from the bank’s head office at Gairidhara and reached Chabahil, Maharajgunj, Kamalpokhari, New Road, Kalimati, Balkhu, Kirtipur, Pulchowk, Shankhamul, Tinkune, Gaushala, and ended at Gairidhara. The bank informed that it would conduct various social activities for a month to celebrate its anniversary.</p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6455', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6671', 'article_category_id' => '1', 'title' => 'Tourist Influx Increases in Peak Season', 'sub_title' => '', 'summary' => 'October 9: The occupancy in hotels of Nepal has grown with the arrival of tourists in peak season.', 'content' => '<p>October 9: The occupancy in hotels of Nepal has grown with the arrival of tourists in peak season.</p> <p>“The occupancy till Dashain festival was 65 percent and is believed to go up to 75 percent,” said Binayak Shah, secretary general of Hotel Association of Nepal (HAN). He added that the occupancy has been going up as the conference of Non-Resident Nepalis (NRN) is going to be held in Nepal.</p> <p>NRN representatives have arrived in Nepal at the moment. All of them are international passport holders. He said that the season is appropriate for tourists’ arrival and the booking of hotel rooms has increased because of NRN conference.</p> <p>“NRNs have been considered as tourists as they hold international passport despite the fact that they are Nepalis,” Shah added.</p> <p>Shah stated not only NRNs but the number of tourists from neighboring countries like China and India has also grown. The arrival of tourists from China and India in comparison to other countries is high as they can opt to enter Nepal through airways or roadways.</p> <p>According to estimates made by tourism entrepreneurs, the influx of tourists is expected to be higher than that of the previous year.</p> <p>Shah said the number of tourists who visit Nepal for business and other purposes has grown along with tourists who visit Nepal for adventure sports and climbing mountain.</p> <p>“We always label people as tourists only if they come for recreational purpose but there are hundreds of foreigners in Nepal who come for business and reconstruction purpose,” Shah told New Business Age, adding, “People living in Nepal as representatives of international non-governmental organizations (INGOs) working for reconstruction projects after the April and May, 2015 earthquakes in Nepal have been contributing in tourism sector of Nepal.”</p> <p>Likewise, the number of traders and business persons from India and China has grown in Nepal, he further added.</p> <p> </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6454', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6670', 'article_category_id' => '1', 'title' => 'IB Provides LoI to Non-Life Insurers After a Decade', 'sub_title' => '', 'summary' => 'October 9: Almost after a decade of long wait, the Insurance Board (IB) has issued letter of intent (LoI) to three non-life insurance companies.', 'content' => '<p>October 9: Almost after a decade of long wait, the Insurance Board (IB) has issued letter of intent (LoI) to three non-life insurance companies.</p> <p>A meeting of IB’s Board of Directors (BoD) on September 20 has given green signal to three of the total four non-life insurance companies which had sought permission for operating business almost ten years ago.</p> <p>The companies which have received LoI are Ajod Insurance Company, General Insurance Company Nepal and Sanima Insurance Company.</p> <p>These companies had applied for LoI in April 2008, December 2007 and August 2008, respectively.</p> <p>Despite receiving the application in April 2009, the IB is yet to approve the application of Manakamana Insurance Company.</p> <p>According to Sambha Raj Lammichhane, an officer at the monitoring department of IB, the board has not approved the application of the company as it has failed to submit all the necessary documents.</p> <p>The IB provides LoI to the companies only if they meet the capital requirement as per the criteria set by the board and if the promoters are not in the blacklist. </p> <p>The three companies which have received LoI should follow all the criteria and construct the infrastructure within the next three months. If the companies fulfill all the criteria, then IB will inspect the insurers to give them permission to start business.</p> <p>As per the rules, IB can approve the applications of non-life insurance companies, while life insurance companies should seek permission from the Ministry of Finance (MoF) to start business.</p> <p> </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6453', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6669', 'article_category_id' => '1', 'title' => 'Coca-Cola Announces over 10,000 Winners', 'sub_title' => '', 'summary' => 'October 9: Coca-Cola has announced more than 10,000 winners under its promotional campaign "Mann Kholaun Coke Sanga" in Nepal. ', 'content' => '<p>October 9: Coca-Cola has announced more than 10,000 winners under its promotional campaign "Mann Kholaun Coke Sanga" in Nepal. The campaign which comes with grand prizes like TVS Stryker 125cc, LG LED TVs along with mobile recharge cards has taken consumers by a storm, reads a press statement issued by the company.</p> <p>To participate in the campaign, consumers must check the 10 digit unique code under the label and SMS it to 37722 between 11 am to 7 pm. The company informed that lucky draw is conducted every hour and one winner is selected each hour.</p> <p>The customers need to keep the original label with the winning unique code for eligibility.</p> <p>The offer is available on purchase of 500 ml, 1.5 L or 2.25 L pack of Sprite, Coca-Cola or Fanta, the cstatement reads.</p> <p>The campaign which will end on October 16.</p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6452', 'image' => '20171009012344_Picture.jpg', 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6668', 'article_category_id' => '1', 'title' => 'MoneyGram Announces Winners', 'sub_title' => '', 'summary' => 'October 9: MoneyGram has announced the winners of the second lot of its festive offer. ', 'content' => '<p>October 9: MoneyGram has announced the winners of the second lot of its festive offer. Asha Rai from Lalitpur and Nirmala Dharel from Salyantar are the lucky winners of the special promotion campaign held during the Dashian season, the company said in a statement. Under this campaign, which was launched on September 1, customers across Nepal have a change for their transaction amount being doubled by MoneyGram.</p> <p>“We see a significant increase in the transaction volume around Dashian as family members make an extra effort to send money back home. To recognize those efforts, we had decided to launch a promotion campaign rewarding those customers with additional money they can spend on making this time more memorable,” said Sheshagiri Malliah, MoneyGram’s head of India and the subcontinent.</p> <p>Until October 31, every customer receiving an international money transfer in Nepal will be eligible to take part in the lucky draw. MoneyGram will double the transaction amount for 16 winners. </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6451', 'image' => '20171009011149_download (2).jpg', 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6667', 'article_category_id' => '1', 'title' => 'Dhungel Appointed CEO of NIC ASIA Capital', 'sub_title' => '', 'summary' => 'October 9: Jhanak Raj Dhungel has been appointed as the Chief Executive Officer (CEO) of NIC ASIA Capital Ltd.', 'content' => '<p>October 9: Jhanak Raj Dhungel has been appointed as the Chief Executive Officer (CEO) of NIC ASIA Capital Ltd. Dhungel was appointed to the post as per the decision of the 39<sup>th</sup> meeting of the Board of Directors of NIC ASIA Capital, reads a press statement issued by the company.</p> <p>According to the company, Dhungel has over 23 years of experience in financial sector. Earlier he was associated with Araniko Development Bank Ltd as the CEO. Dhungel succeeds Ram Chandra Khanal, who was under deputation from NIC ASIA Bank Ltd.</p> <p>NIC ASIA Capital said it has been providing full range of merchant banking services with emphasis on customer centered merchant banking services. </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6450', 'image' => '20171009010029_IMG-20171008-WA0001.jpg', 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6666', 'article_category_id' => '1', 'title' => 'Mahindra’s New Showroom at Teku', 'sub_title' => '', 'summary' => 'October 9: Dugad Brothers and Sons, the authorised distributor of Mahindra Vehicles in Nepal, has opened a new showroom at Teku, Kathmandu. ', 'content' => '<p>October 9: Dugad Brothers and Sons, the authorised distributor of Mahindra Vehicles in Nepal, has opened a new showroom at Teku, Kathmandu. Mahindra International’s Operations Chief Arbindra Matthew, International Operations South Asia Vice President Sanjeev Jadav, Dugad Brothers and Sons Chairman Bivek Dugad and Country Manager Chaitanya Kagalkar jointly inaugurated the showroom before Dashain, states a press release issued by the company.</p> <p>The company informed that the showroom was opened to make the vehicles easily accessible to its customers. Mahindra’s small commercial vehicles are available at the new showroom.</p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6449', 'image' => '20171009110602_20171009073452_Clipboard12.jpg', 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6665', 'article_category_id' => '1', 'title' => 'Scraps of Udayapur Cement worth Rs 40 million Piled up in Junkyard', 'sub_title' => '', 'summary' => 'October 8: Scraps at Udayapur Cement Industries, which were supposed to be auctioned, are yet to be sold and has taken a huge space of the company.', 'content' => '<p>October 8: Scraps at Udayapur Cement Industries, which were supposed to be auctioned, are yet to be sold and has taken a huge space of the company.</p> <p>The company which was established with a financial support of Rs 7 billion from the Japanese government, has scraps worth Rs 40 million on its premises. The company has been forced to bear huge financial loss as the scraps which are scheduled to be auctioned have been piled up in its junkyard.</p> <p>Many of the machineries, vehicles, and other modern equipment brought to Nepal from Japan have now become defunct. Those equipment and machineries are now piled up in the junkyard of the company.</p> <p>There are around five dozen expensive vehicles on the company premises, which are unused since a very long time. Scraps which are worth in Rs 3 to 20 million can be re-used again after repairing.</p> <p>According to Mahesh Kafle, acting general manager of the industry, scraps are piled up in the junkyard as the industry is waiting for the government’s permission for auction.</p> <p>“It is very hard to get materials for repairing the old equipment. Scraps worth Rs 40 million are in the junkyard of the industry,” he informed.</p> <p>There is very less information about how many vehicles were brought to Nepal from the help of Japanese government. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-10-08', 'modified' => '2017-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '6448', 'image' => null, 'article_date' => '2017-10-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6664', 'article_category_id' => '1', 'title' => 'Holidays Obstruct Vehicular Movement in Country’s Busiest Border', 'sub_title' => '', 'summary' => 'October 8: Vehicular movement in Birgunj has been affected by the public holidays. Birgunj is the country’s busiest trading border with the southern neighbor India.', 'content' => '<p>October 8: Vehicular movement in Birgunj has been affected by the public holidays. Birgunj is the country’s busiest trading border with the southern neighbor India.</p> <p> The public holiday for the third phase of the local level polls and for the recently concluded Dashain festival have resulted in huge queue of cargo trucks in the Nepal-India border. According to the local industrialists and the traders, the obstruction in the vehicular moment in Birgunj-Raxual has hit the business in the region.</p> <p>Industrialists of Birgunj are facing many difficulties in trading commodities between the two countries, Om Prakash Sharma, president of Birgunj Chamber of Commerce and Industries (BCCI), said.</p> <p>The vehicular moment was banned by the government for 72 hours during the local level polls for Province 2 on September 18. Likewise, the vehicular moment was also halted during Dashain, which has created big queue of cargo trucks in the border.</p> <p>BCCI has been requesting Birgunj Customs Office, the local police and other authorities to solve the problem at the earliest. According to Madhav Rajpal, secretary at the BCCI, the cargo trucks are in huge number between Raxual yard of Indian Railways and the highway in Nepal. “The cargo trucks carrying raw materials and other commodities are stuck in the Indian side,” Rajpal said.</p> <p>According to the traders, they are forced to pay huge amount fine as they have been unable to clear the goods on time. “Domestic traders are hit hard by the obstruction in the vehicular moment. We have requested the concerned authorities to solve the problem at the earliest,” President Sharma said.</p> <p>There is a 35-kilometer long queue of cargo trucks in between Raxual to Sugauli. There are around 3,500 cargo trucks in the queue, which have been carrying different commodities to Nepal from India and from other countries via the Indian land.<a name="_GoBack"></a></p> ', 'published' => true, 'created' => '2017-10-08', 'modified' => '2017-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '6447', 'image' => '20171008031753_20160209_130337(0).jpg', 'article_date' => '2017-10-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6663', 'article_category_id' => '1', 'title' => 'Pyuthan Locals Start Making New Products From Recycled Clothes', 'sub_title' => '', 'summary' => 'October 8: With the establishment of a cotton mill at Baddada of Sarumarani Rural Municipality, the locals have started making new products from recycled clothes. ', 'content' => '<p>October 8: With the establishment of a cotton mill at Baddada of Sarumarani Rural Municipality, the locals have started making new products from recycled clothes. People have been bringing old clothes to the mill, which is converted into raw material of mattresses.</p> <p>Govinda Buda, proprietor of the mill, has been making mattresses and blankets out of old clothes as per the customers’ demand. He said that he makes Rs 40,000 to Rs 70,000 every month.</p> <p>Khemraj Sejwal and two other persons are also associated with the industry along with Buda and have been using machines that run with the fuel, diesel. There are half a dozen entrepreneurs like Buda who have been operating small scale industries to recycle old clothes. </p> ', 'published' => true, 'created' => '2017-10-08', 'modified' => '2017-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '6446', 'image' => null, 'article_date' => '2017-10-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6662', 'article_category_id' => '1', 'title' => 'Riya IME Announces Lucky Winner', 'sub_title' => '', 'summary' => 'October 8: Malaysia-based Riya IME has announced the winner of its Dashain offer.', 'content' => '<p>October 8: Malaysia-based Riya IME has announced the winner of its Dashain offer. Issuing a press statement, the company said that Ram Mani Bhattarai has been named as the lucky winner. The winner among its customers was chosen by a software system, the company informed.</p> <p>“Bhattarai had sent Rs 32,053 from Malaysia to Nepal. The amount was withdrawn in Nepal from Abhiyan Saving and Credit Co-operative Company in Sindhupalchowk,” the statement reads.</p> <p>The company said that it will announce four more lucky winners. The statement further reads that Bhattarai will receive different home appliances like refrigerator, washing machine, LED television and micro-wave oven. </p> <p> </p> ', 'published' => true, 'created' => '2017-10-08', 'modified' => '2017-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '6445', 'image' => '20171008030320_IMG-20171005-WA0004.jpg', 'article_date' => '2017-10-08 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' => '6680', 'article_category_id' => '1', 'title' => 'IME and Weizmann Jointly Launch Indo-Nepal Remittance Service', 'sub_title' => '', 'summary' => 'October 10: IME Ltd and Weizmann Impex Service Enterprise Ltd together have announced the launch Indo-Nepal Remittance services.', 'content' => '<p>October 10: IME Ltd and Weizmann Impex Service Enterprise Ltd together have announced the launch Indo-Nepal Remittance services. Through this partnership, Nepali migrant workers in India can now easily remit money to Nepal which will be facilitated by Weizmann’s 200 branches and 14,000 plus retail agents across India, reads a joint statement issued by the companies.</p> <p>The recipients in Nepal can receive the amount through more than 6800 local agents of IME in Nepal. IME said it will provide account deposit facilities to these customers besides cash payment options.</p> <p>Speaking on the occasion, Executive Chairman of IME Ltd Chandra Prasad Dhakal said, “The start of services between IME and Weizmann will open new doors for Nepali migrant workers in India. Weizmann is a leading player in the retail foreign exchange market while IME is the largest remittance company in Nepal and this new service will help remittance inflow from India facilitate people to send money easily to Nepal. We believe that with this money transfer service corridor in place, it would be highly beneficial to the Nepalis residing in India, to send money to their friends and family in Nepal.”</p> <p>Speaking on the occasion Sandeep Sharma, business head of Weizmann Impex Service Enterprise Ltd said, “Weizmann is one of the largest companies that has helped more than 25 million customers to receive monies from their relatives living aboard. We are delighted to partner with IME Ltd in order to extend our offering to Nepalis working in India, who wish to send money to their relatives living in Nepal. IME’s reach in Nepal and our presence in India coupled with best in class technology will surely add ease to the lives of close to over 5 million Nepalis living in India and their relatives back home.”</p> ', 'published' => true, 'created' => '2017-10-10', 'modified' => '2017-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '6462', 'image' => '20171010125425_20171010080240_Clipboard15.jpg', 'article_date' => '2017-10-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6679', 'article_category_id' => '1', 'title' => 'Yeti Airlines Partners with UN for SDGs', 'sub_title' => '', 'summary' => 'October 10: Yeti Airlines has started displaying the United Nations’ Sustainable Development Goals logo in its aircrafts.', 'content' => '<p>October 10: Yeti Airlines has started displaying the United Nations’ Sustainable Development Goals logo in its aircrafts. The SDG-branded logo was unveiled amid a function at the Tribhuvan International Airport on September 25, the airlines informed. </p> <p>With its SDG-branded aircraft, shuttle buses, handy SDG leaflets, donate now link inclusion in Yeti Airlines official website, branding of the boarding pass and social media campaigns, the airline is expected to reach thousands of people with concrete and action-oriented messages on the global goals, the company said in a statement.</p> <p> “This is a powerful example to show the world that in partnership with the private sector, the sustainable development agenda can really take off. We are highly pleased to finally see these aeroplanes flying in Nepali skies spreading the messages on how we can tackle some of the world’s biggest challenges,” the statement quoted UNDP Country Director Renaud Meyer as saying.</p> <p> “In Nepal, we have been exploring ways in which the United Nations could help the local businesses grow more responsible and SDG friendly. With Yeti, we hope to soon unveil equally inspiring joint initiatives that help Nepal meet the global goals by 2030,” he added.</p> <p>Yeti Airlines said it is one of the first in Nepal’s private sector to partner with the United Nations to promote the SDGs and address many key issues facing Nepal over the next 15 years, and by branding its aircraft with the logos, Yeti and the UN is helping bring the SDGs to the entire country.</p> <p>Yeti Airlines added that the branding of its ATR 72-500 aircraft with the UN SDGs logo demonstrates the company’s continuing commitment to promote the UN goals wherever possible and to do what it can to assist Nepal achieve them.</p> <p>“We thank the United Nations for the opportunity to support these worthy goals,” the company said in the statement.</p> <p>The initiative is part of the airlines’ on-going partnership with the United Nations in Nepal for the promotion and achievement of the SDGs. Following an agreement earlier in May, the airliner and the UN have come forward with a series of joint programmes and activities aimed at raising awareness on the SDGs and helping Nepal meet some of the global goals targets, according to the press statement.</p> <p>Under the partnership, Yeti Airlines informed that it would also collaborate with the UN to explore, adopt and promote innovative and sustainable business models in the aviation and tourism industry that would help Nepal meet some specific SDG indicators in the areas of climate change adaptation, poverty reduction and gender equality.</p> <p>Adopted by the UN Member States, including Nepal, in September 2015, the SDGs, also known as the Global Goals, are a bold, universal agreement to end poverty in all its dimensions and craft an equal, just and secure world – for the people, the planet and prosperity – by 2030.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-10-10', 'modified' => '2017-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '6458', 'image' => '20171010123633__MG_9871.jpg', 'article_date' => '2017-10-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6674', 'article_category_id' => '1', 'title' => 'City Express Announces Winners', 'sub_title' => '', 'summary' => 'October 9: City Express Money Transfer has announced the winner of its Utsav Express scheme. ', 'content' => '<p>October 9: City Express Money Transfer has announced the winner of its Utsav Express scheme. The winners of silver coins and Oppo phones were decided by electronic lucky draw, informed the company.</p> <p>Under the scheme, Shiva Khanal, Bal Kumar Sunuwar, Samjhana Dhakal, Janakmaya Lama, Ramwati Sarwaria, Niru Subedi, Pramila Giri, Yukesh Shrestha, Hem Kumari Magar, Bhakta Bahadur Tamang, Danmaya Rana Magar, Fulmaya Ghalan, Omsari Pun, Hira Purkoti, Laxmi Gharti, Rukmaya Rai, Aashik Gurung and Ganga Bahadur Pun were declared the winners of silver coins.</p> <p>Likewise, Rupesh Rana Magar and Ummaya Gurung were the winners of Oppo phones, the company said in a statement.</p> <p>The company has announced the scheme on the occasion of Dashain, Tihar and Chhath.</p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6457', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6673', 'article_category_id' => '1', 'title' => 'Natural Gas Detected in Rapti', 'sub_title' => '', 'summary' => 'October 9: Officials from the Depart of Mines and Geology have made a field visit to Dang district to explore the possibility of natural gas after it was detected on the banks of the Rapti River. ', 'content' => '<p>October 9: Officials from the Depart of Mines and Geology have made a field visit to Dang district to explore the possibility of natural gas after it was detected on the banks of the Rapti River. The team led by the department’s deputy director general, Sudhir Rajaure, inspected the site on Saturday, October 7.</p> <p>Rajaure confirmed the presence of natural gas underneath the bank of the Rapti River and added that the nature of the gas will be determined after further tests.</p> <p>“We can determine whether it is petroleum gas or methane gas only after detailed tests,” said Rajaure.</p> <p>He informed that the Department of Mines and Geology will send a team for detailed study within a month.</p> <p>It was reported that natural gas was present in a area between Dang’s Gadhwa Village Municipality-7, Jharbaira; Lamahi Municipality-5, Kolahi and Lamahi Municipality-6, Langadhi. </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6456', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6672', 'article_category_id' => '1', 'title' => 'Sunrise Bank Organises Cycle Rally', 'sub_title' => '', 'summary' => 'October 9: Sunrise Bank organised a cycle rally on the occasion of its tenth anniversary.', 'content' => '<p>October 9: Sunrise Bank organised a cycle rally on the occasion of its tenth anniversary. The rally with slogan ‘You and us, together for development’ started from the bank’s head office at Gairidhara and reached Chabahil, Maharajgunj, Kamalpokhari, New Road, Kalimati, Balkhu, Kirtipur, Pulchowk, Shankhamul, Tinkune, Gaushala, and ended at Gairidhara. The bank informed that it would conduct various social activities for a month to celebrate its anniversary.</p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6455', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6671', 'article_category_id' => '1', 'title' => 'Tourist Influx Increases in Peak Season', 'sub_title' => '', 'summary' => 'October 9: The occupancy in hotels of Nepal has grown with the arrival of tourists in peak season.', 'content' => '<p>October 9: The occupancy in hotels of Nepal has grown with the arrival of tourists in peak season.</p> <p>“The occupancy till Dashain festival was 65 percent and is believed to go up to 75 percent,” said Binayak Shah, secretary general of Hotel Association of Nepal (HAN). He added that the occupancy has been going up as the conference of Non-Resident Nepalis (NRN) is going to be held in Nepal.</p> <p>NRN representatives have arrived in Nepal at the moment. All of them are international passport holders. He said that the season is appropriate for tourists’ arrival and the booking of hotel rooms has increased because of NRN conference.</p> <p>“NRNs have been considered as tourists as they hold international passport despite the fact that they are Nepalis,” Shah added.</p> <p>Shah stated not only NRNs but the number of tourists from neighboring countries like China and India has also grown. The arrival of tourists from China and India in comparison to other countries is high as they can opt to enter Nepal through airways or roadways.</p> <p>According to estimates made by tourism entrepreneurs, the influx of tourists is expected to be higher than that of the previous year.</p> <p>Shah said the number of tourists who visit Nepal for business and other purposes has grown along with tourists who visit Nepal for adventure sports and climbing mountain.</p> <p>“We always label people as tourists only if they come for recreational purpose but there are hundreds of foreigners in Nepal who come for business and reconstruction purpose,” Shah told New Business Age, adding, “People living in Nepal as representatives of international non-governmental organizations (INGOs) working for reconstruction projects after the April and May, 2015 earthquakes in Nepal have been contributing in tourism sector of Nepal.”</p> <p>Likewise, the number of traders and business persons from India and China has grown in Nepal, he further added.</p> <p> </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6454', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6670', 'article_category_id' => '1', 'title' => 'IB Provides LoI to Non-Life Insurers After a Decade', 'sub_title' => '', 'summary' => 'October 9: Almost after a decade of long wait, the Insurance Board (IB) has issued letter of intent (LoI) to three non-life insurance companies.', 'content' => '<p>October 9: Almost after a decade of long wait, the Insurance Board (IB) has issued letter of intent (LoI) to three non-life insurance companies.</p> <p>A meeting of IB’s Board of Directors (BoD) on September 20 has given green signal to three of the total four non-life insurance companies which had sought permission for operating business almost ten years ago.</p> <p>The companies which have received LoI are Ajod Insurance Company, General Insurance Company Nepal and Sanima Insurance Company.</p> <p>These companies had applied for LoI in April 2008, December 2007 and August 2008, respectively.</p> <p>Despite receiving the application in April 2009, the IB is yet to approve the application of Manakamana Insurance Company.</p> <p>According to Sambha Raj Lammichhane, an officer at the monitoring department of IB, the board has not approved the application of the company as it has failed to submit all the necessary documents.</p> <p>The IB provides LoI to the companies only if they meet the capital requirement as per the criteria set by the board and if the promoters are not in the blacklist. </p> <p>The three companies which have received LoI should follow all the criteria and construct the infrastructure within the next three months. If the companies fulfill all the criteria, then IB will inspect the insurers to give them permission to start business.</p> <p>As per the rules, IB can approve the applications of non-life insurance companies, while life insurance companies should seek permission from the Ministry of Finance (MoF) to start business.</p> <p> </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6453', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6669', 'article_category_id' => '1', 'title' => 'Coca-Cola Announces over 10,000 Winners', 'sub_title' => '', 'summary' => 'October 9: Coca-Cola has announced more than 10,000 winners under its promotional campaign "Mann Kholaun Coke Sanga" in Nepal. ', 'content' => '<p>October 9: Coca-Cola has announced more than 10,000 winners under its promotional campaign "Mann Kholaun Coke Sanga" in Nepal. The campaign which comes with grand prizes like TVS Stryker 125cc, LG LED TVs along with mobile recharge cards has taken consumers by a storm, reads a press statement issued by the company.</p> <p>To participate in the campaign, consumers must check the 10 digit unique code under the label and SMS it to 37722 between 11 am to 7 pm. The company informed that lucky draw is conducted every hour and one winner is selected each hour.</p> <p>The customers need to keep the original label with the winning unique code for eligibility.</p> <p>The offer is available on purchase of 500 ml, 1.5 L or 2.25 L pack of Sprite, Coca-Cola or Fanta, the cstatement reads.</p> <p>The campaign which will end on October 16.</p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6452', 'image' => '20171009012344_Picture.jpg', 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6668', 'article_category_id' => '1', 'title' => 'MoneyGram Announces Winners', 'sub_title' => '', 'summary' => 'October 9: MoneyGram has announced the winners of the second lot of its festive offer. ', 'content' => '<p>October 9: MoneyGram has announced the winners of the second lot of its festive offer. Asha Rai from Lalitpur and Nirmala Dharel from Salyantar are the lucky winners of the special promotion campaign held during the Dashian season, the company said in a statement. Under this campaign, which was launched on September 1, customers across Nepal have a change for their transaction amount being doubled by MoneyGram.</p> <p>“We see a significant increase in the transaction volume around Dashian as family members make an extra effort to send money back home. To recognize those efforts, we had decided to launch a promotion campaign rewarding those customers with additional money they can spend on making this time more memorable,” said Sheshagiri Malliah, MoneyGram’s head of India and the subcontinent.</p> <p>Until October 31, every customer receiving an international money transfer in Nepal will be eligible to take part in the lucky draw. MoneyGram will double the transaction amount for 16 winners. </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6451', 'image' => '20171009011149_download (2).jpg', 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6667', 'article_category_id' => '1', 'title' => 'Dhungel Appointed CEO of NIC ASIA Capital', 'sub_title' => '', 'summary' => 'October 9: Jhanak Raj Dhungel has been appointed as the Chief Executive Officer (CEO) of NIC ASIA Capital Ltd.', 'content' => '<p>October 9: Jhanak Raj Dhungel has been appointed as the Chief Executive Officer (CEO) of NIC ASIA Capital Ltd. Dhungel was appointed to the post as per the decision of the 39<sup>th</sup> meeting of the Board of Directors of NIC ASIA Capital, reads a press statement issued by the company.</p> <p>According to the company, Dhungel has over 23 years of experience in financial sector. Earlier he was associated with Araniko Development Bank Ltd as the CEO. Dhungel succeeds Ram Chandra Khanal, who was under deputation from NIC ASIA Bank Ltd.</p> <p>NIC ASIA Capital said it has been providing full range of merchant banking services with emphasis on customer centered merchant banking services. </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6450', 'image' => '20171009010029_IMG-20171008-WA0001.jpg', 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6666', 'article_category_id' => '1', 'title' => 'Mahindra’s New Showroom at Teku', 'sub_title' => '', 'summary' => 'October 9: Dugad Brothers and Sons, the authorised distributor of Mahindra Vehicles in Nepal, has opened a new showroom at Teku, Kathmandu. ', 'content' => '<p>October 9: Dugad Brothers and Sons, the authorised distributor of Mahindra Vehicles in Nepal, has opened a new showroom at Teku, Kathmandu. Mahindra International’s Operations Chief Arbindra Matthew, International Operations South Asia Vice President Sanjeev Jadav, Dugad Brothers and Sons Chairman Bivek Dugad and Country Manager Chaitanya Kagalkar jointly inaugurated the showroom before Dashain, states a press release issued by the company.</p> <p>The company informed that the showroom was opened to make the vehicles easily accessible to its customers. Mahindra’s small commercial vehicles are available at the new showroom.</p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6449', 'image' => '20171009110602_20171009073452_Clipboard12.jpg', 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6665', 'article_category_id' => '1', 'title' => 'Scraps of Udayapur Cement worth Rs 40 million Piled up in Junkyard', 'sub_title' => '', 'summary' => 'October 8: Scraps at Udayapur Cement Industries, which were supposed to be auctioned, are yet to be sold and has taken a huge space of the company.', 'content' => '<p>October 8: Scraps at Udayapur Cement Industries, which were supposed to be auctioned, are yet to be sold and has taken a huge space of the company.</p> <p>The company which was established with a financial support of Rs 7 billion from the Japanese government, has scraps worth Rs 40 million on its premises. The company has been forced to bear huge financial loss as the scraps which are scheduled to be auctioned have been piled up in its junkyard.</p> <p>Many of the machineries, vehicles, and other modern equipment brought to Nepal from Japan have now become defunct. Those equipment and machineries are now piled up in the junkyard of the company.</p> <p>There are around five dozen expensive vehicles on the company premises, which are unused since a very long time. Scraps which are worth in Rs 3 to 20 million can be re-used again after repairing.</p> <p>According to Mahesh Kafle, acting general manager of the industry, scraps are piled up in the junkyard as the industry is waiting for the government’s permission for auction.</p> <p>“It is very hard to get materials for repairing the old equipment. Scraps worth Rs 40 million are in the junkyard of the industry,” he informed.</p> <p>There is very less information about how many vehicles were brought to Nepal from the help of Japanese government. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-10-08', 'modified' => '2017-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '6448', 'image' => null, 'article_date' => '2017-10-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6664', 'article_category_id' => '1', 'title' => 'Holidays Obstruct Vehicular Movement in Country’s Busiest Border', 'sub_title' => '', 'summary' => 'October 8: Vehicular movement in Birgunj has been affected by the public holidays. Birgunj is the country’s busiest trading border with the southern neighbor India.', 'content' => '<p>October 8: Vehicular movement in Birgunj has been affected by the public holidays. Birgunj is the country’s busiest trading border with the southern neighbor India.</p> <p> The public holiday for the third phase of the local level polls and for the recently concluded Dashain festival have resulted in huge queue of cargo trucks in the Nepal-India border. According to the local industrialists and the traders, the obstruction in the vehicular moment in Birgunj-Raxual has hit the business in the region.</p> <p>Industrialists of Birgunj are facing many difficulties in trading commodities between the two countries, Om Prakash Sharma, president of Birgunj Chamber of Commerce and Industries (BCCI), said.</p> <p>The vehicular moment was banned by the government for 72 hours during the local level polls for Province 2 on September 18. Likewise, the vehicular moment was also halted during Dashain, which has created big queue of cargo trucks in the border.</p> <p>BCCI has been requesting Birgunj Customs Office, the local police and other authorities to solve the problem at the earliest. According to Madhav Rajpal, secretary at the BCCI, the cargo trucks are in huge number between Raxual yard of Indian Railways and the highway in Nepal. “The cargo trucks carrying raw materials and other commodities are stuck in the Indian side,” Rajpal said.</p> <p>According to the traders, they are forced to pay huge amount fine as they have been unable to clear the goods on time. “Domestic traders are hit hard by the obstruction in the vehicular moment. We have requested the concerned authorities to solve the problem at the earliest,” President Sharma said.</p> <p>There is a 35-kilometer long queue of cargo trucks in between Raxual to Sugauli. There are around 3,500 cargo trucks in the queue, which have been carrying different commodities to Nepal from India and from other countries via the Indian land.<a name="_GoBack"></a></p> ', 'published' => true, 'created' => '2017-10-08', 'modified' => '2017-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '6447', 'image' => '20171008031753_20160209_130337(0).jpg', 'article_date' => '2017-10-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6663', 'article_category_id' => '1', 'title' => 'Pyuthan Locals Start Making New Products From Recycled Clothes', 'sub_title' => '', 'summary' => 'October 8: With the establishment of a cotton mill at Baddada of Sarumarani Rural Municipality, the locals have started making new products from recycled clothes. ', 'content' => '<p>October 8: With the establishment of a cotton mill at Baddada of Sarumarani Rural Municipality, the locals have started making new products from recycled clothes. People have been bringing old clothes to the mill, which is converted into raw material of mattresses.</p> <p>Govinda Buda, proprietor of the mill, has been making mattresses and blankets out of old clothes as per the customers’ demand. He said that he makes Rs 40,000 to Rs 70,000 every month.</p> <p>Khemraj Sejwal and two other persons are also associated with the industry along with Buda and have been using machines that run with the fuel, diesel. There are half a dozen entrepreneurs like Buda who have been operating small scale industries to recycle old clothes. </p> ', 'published' => true, 'created' => '2017-10-08', 'modified' => '2017-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '6446', 'image' => null, 'article_date' => '2017-10-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6662', 'article_category_id' => '1', 'title' => 'Riya IME Announces Lucky Winner', 'sub_title' => '', 'summary' => 'October 8: Malaysia-based Riya IME has announced the winner of its Dashain offer.', 'content' => '<p>October 8: Malaysia-based Riya IME has announced the winner of its Dashain offer. Issuing a press statement, the company said that Ram Mani Bhattarai has been named as the lucky winner. The winner among its customers was chosen by a software system, the company informed.</p> <p>“Bhattarai had sent Rs 32,053 from Malaysia to Nepal. The amount was withdrawn in Nepal from Abhiyan Saving and Credit Co-operative Company in Sindhupalchowk,” the statement reads.</p> <p>The company said that it will announce four more lucky winners. The statement further reads that Bhattarai will receive different home appliances like refrigerator, washing machine, LED television and micro-wave oven. </p> <p> </p> ', 'published' => true, 'created' => '2017-10-08', 'modified' => '2017-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '6445', 'image' => '20171008030320_IMG-20171005-WA0004.jpg', 'article_date' => '2017-10-08 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' => '6680', 'article_category_id' => '1', 'title' => 'IME and Weizmann Jointly Launch Indo-Nepal Remittance Service', 'sub_title' => '', 'summary' => 'October 10: IME Ltd and Weizmann Impex Service Enterprise Ltd together have announced the launch Indo-Nepal Remittance services.', 'content' => '<p>October 10: IME Ltd and Weizmann Impex Service Enterprise Ltd together have announced the launch Indo-Nepal Remittance services. Through this partnership, Nepali migrant workers in India can now easily remit money to Nepal which will be facilitated by Weizmann’s 200 branches and 14,000 plus retail agents across India, reads a joint statement issued by the companies.</p> <p>The recipients in Nepal can receive the amount through more than 6800 local agents of IME in Nepal. IME said it will provide account deposit facilities to these customers besides cash payment options.</p> <p>Speaking on the occasion, Executive Chairman of IME Ltd Chandra Prasad Dhakal said, “The start of services between IME and Weizmann will open new doors for Nepali migrant workers in India. Weizmann is a leading player in the retail foreign exchange market while IME is the largest remittance company in Nepal and this new service will help remittance inflow from India facilitate people to send money easily to Nepal. We believe that with this money transfer service corridor in place, it would be highly beneficial to the Nepalis residing in India, to send money to their friends and family in Nepal.”</p> <p>Speaking on the occasion Sandeep Sharma, business head of Weizmann Impex Service Enterprise Ltd said, “Weizmann is one of the largest companies that has helped more than 25 million customers to receive monies from their relatives living aboard. We are delighted to partner with IME Ltd in order to extend our offering to Nepalis working in India, who wish to send money to their relatives living in Nepal. IME’s reach in Nepal and our presence in India coupled with best in class technology will surely add ease to the lives of close to over 5 million Nepalis living in India and their relatives back home.”</p> ', 'published' => true, 'created' => '2017-10-10', 'modified' => '2017-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '6462', 'image' => '20171010125425_20171010080240_Clipboard15.jpg', 'article_date' => '2017-10-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6679', 'article_category_id' => '1', 'title' => 'Yeti Airlines Partners with UN for SDGs', 'sub_title' => '', 'summary' => 'October 10: Yeti Airlines has started displaying the United Nations’ Sustainable Development Goals logo in its aircrafts.', 'content' => '<p>October 10: Yeti Airlines has started displaying the United Nations’ Sustainable Development Goals logo in its aircrafts. The SDG-branded logo was unveiled amid a function at the Tribhuvan International Airport on September 25, the airlines informed. </p> <p>With its SDG-branded aircraft, shuttle buses, handy SDG leaflets, donate now link inclusion in Yeti Airlines official website, branding of the boarding pass and social media campaigns, the airline is expected to reach thousands of people with concrete and action-oriented messages on the global goals, the company said in a statement.</p> <p> “This is a powerful example to show the world that in partnership with the private sector, the sustainable development agenda can really take off. We are highly pleased to finally see these aeroplanes flying in Nepali skies spreading the messages on how we can tackle some of the world’s biggest challenges,” the statement quoted UNDP Country Director Renaud Meyer as saying.</p> <p> “In Nepal, we have been exploring ways in which the United Nations could help the local businesses grow more responsible and SDG friendly. With Yeti, we hope to soon unveil equally inspiring joint initiatives that help Nepal meet the global goals by 2030,” he added.</p> <p>Yeti Airlines said it is one of the first in Nepal’s private sector to partner with the United Nations to promote the SDGs and address many key issues facing Nepal over the next 15 years, and by branding its aircraft with the logos, Yeti and the UN is helping bring the SDGs to the entire country.</p> <p>Yeti Airlines added that the branding of its ATR 72-500 aircraft with the UN SDGs logo demonstrates the company’s continuing commitment to promote the UN goals wherever possible and to do what it can to assist Nepal achieve them.</p> <p>“We thank the United Nations for the opportunity to support these worthy goals,” the company said in the statement.</p> <p>The initiative is part of the airlines’ on-going partnership with the United Nations in Nepal for the promotion and achievement of the SDGs. Following an agreement earlier in May, the airliner and the UN have come forward with a series of joint programmes and activities aimed at raising awareness on the SDGs and helping Nepal meet some of the global goals targets, according to the press statement.</p> <p>Under the partnership, Yeti Airlines informed that it would also collaborate with the UN to explore, adopt and promote innovative and sustainable business models in the aviation and tourism industry that would help Nepal meet some specific SDG indicators in the areas of climate change adaptation, poverty reduction and gender equality.</p> <p>Adopted by the UN Member States, including Nepal, in September 2015, the SDGs, also known as the Global Goals, are a bold, universal agreement to end poverty in all its dimensions and craft an equal, just and secure world – for the people, the planet and prosperity – by 2030.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-10-10', 'modified' => '2017-10-10', 'keywords' => '', 'description' => '', 'sortorder' => '6458', 'image' => '20171010123633__MG_9871.jpg', 'article_date' => '2017-10-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6674', 'article_category_id' => '1', 'title' => 'City Express Announces Winners', 'sub_title' => '', 'summary' => 'October 9: City Express Money Transfer has announced the winner of its Utsav Express scheme. ', 'content' => '<p>October 9: City Express Money Transfer has announced the winner of its Utsav Express scheme. The winners of silver coins and Oppo phones were decided by electronic lucky draw, informed the company.</p> <p>Under the scheme, Shiva Khanal, Bal Kumar Sunuwar, Samjhana Dhakal, Janakmaya Lama, Ramwati Sarwaria, Niru Subedi, Pramila Giri, Yukesh Shrestha, Hem Kumari Magar, Bhakta Bahadur Tamang, Danmaya Rana Magar, Fulmaya Ghalan, Omsari Pun, Hira Purkoti, Laxmi Gharti, Rukmaya Rai, Aashik Gurung and Ganga Bahadur Pun were declared the winners of silver coins.</p> <p>Likewise, Rupesh Rana Magar and Ummaya Gurung were the winners of Oppo phones, the company said in a statement.</p> <p>The company has announced the scheme on the occasion of Dashain, Tihar and Chhath.</p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6457', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6673', 'article_category_id' => '1', 'title' => 'Natural Gas Detected in Rapti', 'sub_title' => '', 'summary' => 'October 9: Officials from the Depart of Mines and Geology have made a field visit to Dang district to explore the possibility of natural gas after it was detected on the banks of the Rapti River. ', 'content' => '<p>October 9: Officials from the Depart of Mines and Geology have made a field visit to Dang district to explore the possibility of natural gas after it was detected on the banks of the Rapti River. The team led by the department’s deputy director general, Sudhir Rajaure, inspected the site on Saturday, October 7.</p> <p>Rajaure confirmed the presence of natural gas underneath the bank of the Rapti River and added that the nature of the gas will be determined after further tests.</p> <p>“We can determine whether it is petroleum gas or methane gas only after detailed tests,” said Rajaure.</p> <p>He informed that the Department of Mines and Geology will send a team for detailed study within a month.</p> <p>It was reported that natural gas was present in a area between Dang’s Gadhwa Village Municipality-7, Jharbaira; Lamahi Municipality-5, Kolahi and Lamahi Municipality-6, Langadhi. </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6456', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6672', 'article_category_id' => '1', 'title' => 'Sunrise Bank Organises Cycle Rally', 'sub_title' => '', 'summary' => 'October 9: Sunrise Bank organised a cycle rally on the occasion of its tenth anniversary.', 'content' => '<p>October 9: Sunrise Bank organised a cycle rally on the occasion of its tenth anniversary. The rally with slogan ‘You and us, together for development’ started from the bank’s head office at Gairidhara and reached Chabahil, Maharajgunj, Kamalpokhari, New Road, Kalimati, Balkhu, Kirtipur, Pulchowk, Shankhamul, Tinkune, Gaushala, and ended at Gairidhara. The bank informed that it would conduct various social activities for a month to celebrate its anniversary.</p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6455', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6671', 'article_category_id' => '1', 'title' => 'Tourist Influx Increases in Peak Season', 'sub_title' => '', 'summary' => 'October 9: The occupancy in hotels of Nepal has grown with the arrival of tourists in peak season.', 'content' => '<p>October 9: The occupancy in hotels of Nepal has grown with the arrival of tourists in peak season.</p> <p>“The occupancy till Dashain festival was 65 percent and is believed to go up to 75 percent,” said Binayak Shah, secretary general of Hotel Association of Nepal (HAN). He added that the occupancy has been going up as the conference of Non-Resident Nepalis (NRN) is going to be held in Nepal.</p> <p>NRN representatives have arrived in Nepal at the moment. All of them are international passport holders. He said that the season is appropriate for tourists’ arrival and the booking of hotel rooms has increased because of NRN conference.</p> <p>“NRNs have been considered as tourists as they hold international passport despite the fact that they are Nepalis,” Shah added.</p> <p>Shah stated not only NRNs but the number of tourists from neighboring countries like China and India has also grown. The arrival of tourists from China and India in comparison to other countries is high as they can opt to enter Nepal through airways or roadways.</p> <p>According to estimates made by tourism entrepreneurs, the influx of tourists is expected to be higher than that of the previous year.</p> <p>Shah said the number of tourists who visit Nepal for business and other purposes has grown along with tourists who visit Nepal for adventure sports and climbing mountain.</p> <p>“We always label people as tourists only if they come for recreational purpose but there are hundreds of foreigners in Nepal who come for business and reconstruction purpose,” Shah told New Business Age, adding, “People living in Nepal as representatives of international non-governmental organizations (INGOs) working for reconstruction projects after the April and May, 2015 earthquakes in Nepal have been contributing in tourism sector of Nepal.”</p> <p>Likewise, the number of traders and business persons from India and China has grown in Nepal, he further added.</p> <p> </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6454', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6670', 'article_category_id' => '1', 'title' => 'IB Provides LoI to Non-Life Insurers After a Decade', 'sub_title' => '', 'summary' => 'October 9: Almost after a decade of long wait, the Insurance Board (IB) has issued letter of intent (LoI) to three non-life insurance companies.', 'content' => '<p>October 9: Almost after a decade of long wait, the Insurance Board (IB) has issued letter of intent (LoI) to three non-life insurance companies.</p> <p>A meeting of IB’s Board of Directors (BoD) on September 20 has given green signal to three of the total four non-life insurance companies which had sought permission for operating business almost ten years ago.</p> <p>The companies which have received LoI are Ajod Insurance Company, General Insurance Company Nepal and Sanima Insurance Company.</p> <p>These companies had applied for LoI in April 2008, December 2007 and August 2008, respectively.</p> <p>Despite receiving the application in April 2009, the IB is yet to approve the application of Manakamana Insurance Company.</p> <p>According to Sambha Raj Lammichhane, an officer at the monitoring department of IB, the board has not approved the application of the company as it has failed to submit all the necessary documents.</p> <p>The IB provides LoI to the companies only if they meet the capital requirement as per the criteria set by the board and if the promoters are not in the blacklist. </p> <p>The three companies which have received LoI should follow all the criteria and construct the infrastructure within the next three months. If the companies fulfill all the criteria, then IB will inspect the insurers to give them permission to start business.</p> <p>As per the rules, IB can approve the applications of non-life insurance companies, while life insurance companies should seek permission from the Ministry of Finance (MoF) to start business.</p> <p> </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6453', 'image' => null, 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6669', 'article_category_id' => '1', 'title' => 'Coca-Cola Announces over 10,000 Winners', 'sub_title' => '', 'summary' => 'October 9: Coca-Cola has announced more than 10,000 winners under its promotional campaign "Mann Kholaun Coke Sanga" in Nepal. ', 'content' => '<p>October 9: Coca-Cola has announced more than 10,000 winners under its promotional campaign "Mann Kholaun Coke Sanga" in Nepal. The campaign which comes with grand prizes like TVS Stryker 125cc, LG LED TVs along with mobile recharge cards has taken consumers by a storm, reads a press statement issued by the company.</p> <p>To participate in the campaign, consumers must check the 10 digit unique code under the label and SMS it to 37722 between 11 am to 7 pm. The company informed that lucky draw is conducted every hour and one winner is selected each hour.</p> <p>The customers need to keep the original label with the winning unique code for eligibility.</p> <p>The offer is available on purchase of 500 ml, 1.5 L or 2.25 L pack of Sprite, Coca-Cola or Fanta, the cstatement reads.</p> <p>The campaign which will end on October 16.</p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6452', 'image' => '20171009012344_Picture.jpg', 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6668', 'article_category_id' => '1', 'title' => 'MoneyGram Announces Winners', 'sub_title' => '', 'summary' => 'October 9: MoneyGram has announced the winners of the second lot of its festive offer. ', 'content' => '<p>October 9: MoneyGram has announced the winners of the second lot of its festive offer. Asha Rai from Lalitpur and Nirmala Dharel from Salyantar are the lucky winners of the special promotion campaign held during the Dashian season, the company said in a statement. Under this campaign, which was launched on September 1, customers across Nepal have a change for their transaction amount being doubled by MoneyGram.</p> <p>“We see a significant increase in the transaction volume around Dashian as family members make an extra effort to send money back home. To recognize those efforts, we had decided to launch a promotion campaign rewarding those customers with additional money they can spend on making this time more memorable,” said Sheshagiri Malliah, MoneyGram’s head of India and the subcontinent.</p> <p>Until October 31, every customer receiving an international money transfer in Nepal will be eligible to take part in the lucky draw. MoneyGram will double the transaction amount for 16 winners. </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6451', 'image' => '20171009011149_download (2).jpg', 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6667', 'article_category_id' => '1', 'title' => 'Dhungel Appointed CEO of NIC ASIA Capital', 'sub_title' => '', 'summary' => 'October 9: Jhanak Raj Dhungel has been appointed as the Chief Executive Officer (CEO) of NIC ASIA Capital Ltd.', 'content' => '<p>October 9: Jhanak Raj Dhungel has been appointed as the Chief Executive Officer (CEO) of NIC ASIA Capital Ltd. Dhungel was appointed to the post as per the decision of the 39<sup>th</sup> meeting of the Board of Directors of NIC ASIA Capital, reads a press statement issued by the company.</p> <p>According to the company, Dhungel has over 23 years of experience in financial sector. Earlier he was associated with Araniko Development Bank Ltd as the CEO. Dhungel succeeds Ram Chandra Khanal, who was under deputation from NIC ASIA Bank Ltd.</p> <p>NIC ASIA Capital said it has been providing full range of merchant banking services with emphasis on customer centered merchant banking services. </p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6450', 'image' => '20171009010029_IMG-20171008-WA0001.jpg', 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6666', 'article_category_id' => '1', 'title' => 'Mahindra’s New Showroom at Teku', 'sub_title' => '', 'summary' => 'October 9: Dugad Brothers and Sons, the authorised distributor of Mahindra Vehicles in Nepal, has opened a new showroom at Teku, Kathmandu. ', 'content' => '<p>October 9: Dugad Brothers and Sons, the authorised distributor of Mahindra Vehicles in Nepal, has opened a new showroom at Teku, Kathmandu. Mahindra International’s Operations Chief Arbindra Matthew, International Operations South Asia Vice President Sanjeev Jadav, Dugad Brothers and Sons Chairman Bivek Dugad and Country Manager Chaitanya Kagalkar jointly inaugurated the showroom before Dashain, states a press release issued by the company.</p> <p>The company informed that the showroom was opened to make the vehicles easily accessible to its customers. Mahindra’s small commercial vehicles are available at the new showroom.</p> ', 'published' => true, 'created' => '2017-10-09', 'modified' => '2017-10-09', 'keywords' => '', 'description' => '', 'sortorder' => '6449', 'image' => '20171009110602_20171009073452_Clipboard12.jpg', 'article_date' => '2017-10-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6665', 'article_category_id' => '1', 'title' => 'Scraps of Udayapur Cement worth Rs 40 million Piled up in Junkyard', 'sub_title' => '', 'summary' => 'October 8: Scraps at Udayapur Cement Industries, which were supposed to be auctioned, are yet to be sold and has taken a huge space of the company.', 'content' => '<p>October 8: Scraps at Udayapur Cement Industries, which were supposed to be auctioned, are yet to be sold and has taken a huge space of the company.</p> <p>The company which was established with a financial support of Rs 7 billion from the Japanese government, has scraps worth Rs 40 million on its premises. The company has been forced to bear huge financial loss as the scraps which are scheduled to be auctioned have been piled up in its junkyard.</p> <p>Many of the machineries, vehicles, and other modern equipment brought to Nepal from Japan have now become defunct. Those equipment and machineries are now piled up in the junkyard of the company.</p> <p>There are around five dozen expensive vehicles on the company premises, which are unused since a very long time. Scraps which are worth in Rs 3 to 20 million can be re-used again after repairing.</p> <p>According to Mahesh Kafle, acting general manager of the industry, scraps are piled up in the junkyard as the industry is waiting for the government’s permission for auction.</p> <p>“It is very hard to get materials for repairing the old equipment. Scraps worth Rs 40 million are in the junkyard of the industry,” he informed.</p> <p>There is very less information about how many vehicles were brought to Nepal from the help of Japanese government. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-10-08', 'modified' => '2017-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '6448', 'image' => null, 'article_date' => '2017-10-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6664', 'article_category_id' => '1', 'title' => 'Holidays Obstruct Vehicular Movement in Country’s Busiest Border', 'sub_title' => '', 'summary' => 'October 8: Vehicular movement in Birgunj has been affected by the public holidays. Birgunj is the country’s busiest trading border with the southern neighbor India.', 'content' => '<p>October 8: Vehicular movement in Birgunj has been affected by the public holidays. Birgunj is the country’s busiest trading border with the southern neighbor India.</p> <p> The public holiday for the third phase of the local level polls and for the recently concluded Dashain festival have resulted in huge queue of cargo trucks in the Nepal-India border. According to the local industrialists and the traders, the obstruction in the vehicular moment in Birgunj-Raxual has hit the business in the region.</p> <p>Industrialists of Birgunj are facing many difficulties in trading commodities between the two countries, Om Prakash Sharma, president of Birgunj Chamber of Commerce and Industries (BCCI), said.</p> <p>The vehicular moment was banned by the government for 72 hours during the local level polls for Province 2 on September 18. Likewise, the vehicular moment was also halted during Dashain, which has created big queue of cargo trucks in the border.</p> <p>BCCI has been requesting Birgunj Customs Office, the local police and other authorities to solve the problem at the earliest. According to Madhav Rajpal, secretary at the BCCI, the cargo trucks are in huge number between Raxual yard of Indian Railways and the highway in Nepal. “The cargo trucks carrying raw materials and other commodities are stuck in the Indian side,” Rajpal said.</p> <p>According to the traders, they are forced to pay huge amount fine as they have been unable to clear the goods on time. “Domestic traders are hit hard by the obstruction in the vehicular moment. We have requested the concerned authorities to solve the problem at the earliest,” President Sharma said.</p> <p>There is a 35-kilometer long queue of cargo trucks in between Raxual to Sugauli. There are around 3,500 cargo trucks in the queue, which have been carrying different commodities to Nepal from India and from other countries via the Indian land.<a name="_GoBack"></a></p> ', 'published' => true, 'created' => '2017-10-08', 'modified' => '2017-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '6447', 'image' => '20171008031753_20160209_130337(0).jpg', 'article_date' => '2017-10-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6663', 'article_category_id' => '1', 'title' => 'Pyuthan Locals Start Making New Products From Recycled Clothes', 'sub_title' => '', 'summary' => 'October 8: With the establishment of a cotton mill at Baddada of Sarumarani Rural Municipality, the locals have started making new products from recycled clothes. ', 'content' => '<p>October 8: With the establishment of a cotton mill at Baddada of Sarumarani Rural Municipality, the locals have started making new products from recycled clothes. People have been bringing old clothes to the mill, which is converted into raw material of mattresses.</p> <p>Govinda Buda, proprietor of the mill, has been making mattresses and blankets out of old clothes as per the customers’ demand. He said that he makes Rs 40,000 to Rs 70,000 every month.</p> <p>Khemraj Sejwal and two other persons are also associated with the industry along with Buda and have been using machines that run with the fuel, diesel. There are half a dozen entrepreneurs like Buda who have been operating small scale industries to recycle old clothes. </p> ', 'published' => true, 'created' => '2017-10-08', 'modified' => '2017-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '6446', 'image' => null, 'article_date' => '2017-10-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6662', 'article_category_id' => '1', 'title' => 'Riya IME Announces Lucky Winner', 'sub_title' => '', 'summary' => 'October 8: Malaysia-based Riya IME has announced the winner of its Dashain offer.', 'content' => '<p>October 8: Malaysia-based Riya IME has announced the winner of its Dashain offer. Issuing a press statement, the company said that Ram Mani Bhattarai has been named as the lucky winner. The winner among its customers was chosen by a software system, the company informed.</p> <p>“Bhattarai had sent Rs 32,053 from Malaysia to Nepal. The amount was withdrawn in Nepal from Abhiyan Saving and Credit Co-operative Company in Sindhupalchowk,” the statement reads.</p> <p>The company said that it will announce four more lucky winners. The statement further reads that Bhattarai will receive different home appliances like refrigerator, washing machine, LED television and micro-wave oven. </p> <p> </p> ', 'published' => true, 'created' => '2017-10-08', 'modified' => '2017-10-08', 'keywords' => '', 'description' => '', 'sortorder' => '6445', 'image' => '20171008030320_IMG-20171005-WA0004.jpg', 'article_date' => '2017-10-08 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