Who is going to be the BEST B-SCHOOL of this…

Who is going to be the BEST B-SCHOOL of this…
The High Powered Committee for Integrated Development of the Bagmati Civilisation has spent 56.68 percent amount of the allocated budget till mid-June.…
Slush Global Impact Accelerator 2017 has opened applications for Nepali entrepreneurs to take part in a global…
Himalayan Bank Limited has installed eight CCTV cameras on the premises of Maitidevi Temple in Kathmandu.…
NCELL has granted partial scholarships to 48 Secondary Education Exam (SEE) students enrolled in bridge courses under its ‘Pahilo Sim’…
ICFC Finance has opened its branch in Trishuli of Nuwakot…
Bank of Kathmandu (Bok) has partnered with NLG Insurance Company to provide bancassurance (Bank Insurance) service to the…
The total annual production of paddy in Nepal amounts to Rs 150 billion.…
Thirteen hydropower companies are going to issue their IPOs in the near…
Bank of Korea (BoK) has agreed to provide technical assistance to prepare a macroeconomic model for the economic projection of Nepal by the end of…
Nepal Bank Ltd and Tribhuvan University (TU) have signed a Memorandum of Understanding for the mutual benefit of both…
Laxmi Bank will be giving 38 percent bonus shares to its shareholders.…
The online edition of the British economic magazine ‘The Economist’ on June 24 has mentioned two achievements of Indian Prime Minister Narendra Modi – demonetization, and Goods and Service Tax…
Tourist-hub Pokhara has seen a rise in the number of Indian tourists in recent…
The customers will get attractive gifts including bonus talk time, data, bonus SMS every day under the…
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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' => '6103', 'article_category_id' => '1', 'title' => '3rd National BSchools Rating Ranking Awards 2017', 'sub_title' => '', 'summary' => 'Who is going to be the BEST B-SCHOOL of this year?', 'content' => '<p><img alt="" class="img-responsive" src="/userfiles/images/bschool_full.jpg" /></p> ', 'published' => true, 'created' => '2017-06-30', 'modified' => '2017-06-30', 'keywords' => '', 'description' => '', 'sortorder' => '5887', 'image' => null, 'article_date' => '2017-06-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '1' ) ), (int) 1 => array( 'Article' => array( 'id' => '6102', 'article_category_id' => '1', 'title' => '14 Kms of Bagmati Corridor Road Completed', 'sub_title' => '', 'summary' => 'The High Powered Committee for Integrated Development of the Bagmati Civilisation has spent 56.68 percent amount of the allocated budget till mid-June. ', 'content' => '<p>June 29: The High Powered Committee for Integrated Development of the Bagmati Civilisation has spent 56.68 percent amount of the allocated budget till mid-June. Out of Rs 100.44 billion allocated to Bagmati Area Physical Infrastructure Development Project under the committee, Rs 56.94 billion has been spent to construct infrastructures including roads, drainage and river embankments. </p> <p>About 13.73 kilometres of another keenly-watched project under the committee, the Bagmati Corridor Road, has been completed so far. This project has been given special focus since a long time as it is considered vital in easing traffic congestion in Kathmandu and Lalitpur. The total length of the corridor is 17.61 kms.</p> <p>The Bagmati Corridor Road stretches from Gokarneshwar Temple to Balkhu en route Tilganga, Sinamangal, Minbhavan, Shankhamul and Thapathali.</p> <p>"Only 3.88 kms of the corridor road is yet to be constructed," says Jyoti Kumar Shrestha, director of the project. He said that there is no separate project as such for Bagmati corridor but the roads are being constructed under the Bagmati Area Physical Infrastructure Development Project.</p> <p>“We have divided the corridor into various sections and the construction is underway in most of the places,” he said.</p> <p> </p> <p>Out of 1,750 metres of the road section from Gokarneshwar to Guheswari, 1,250 metres has been completed. Similarly, the Tilganga-Sinamangal road section of the corridor has been completed as per the target. According to the project, 3,419 kilometres of the road which falls in the area has been completed. Also, 1,391 metres of Sinamangal-Minbhavan road section has also been completed.</p> <p>However, the construction of Minbhawan-Shankhamul road section of the corridor almost ready. The road section is 6,600 metres long while construction of 6,570 metres has already finished. 1100 metres of Shankamul-Thapathali road section has been completed as per the target. Meanwhile, only 150 metres of Thapathali-Balkhu road section has been completed so far.</p> <p>The agreement for construction of 2,500 metres Balkhu-Sundarighat road section was signed in 2013. However, no progress had been made in this section at all. The project has a target to complete 2,500 meters of the Bishnumati confluence-Shobha Bhagwati road section. The agreement for this road section was signed in 2014. </p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5886', 'image' => null, 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6101', 'article_category_id' => '1', 'title' => 'Slush Global Impact Accelerator Opens Application for Pitching Competition', 'sub_title' => '', 'summary' => 'Slush Global Impact Accelerator 2017 has opened applications for Nepali entrepreneurs to take part in a global event.', 'content' => '<p>June 29: Slush Global Impact Accelerator 2017, a program initiated in collaboration with the Ministry for Foreign Affairs of Finland, has opened applications for Nepali entrepreneurs to take part in a global competition. The entrepreneurs will be required to pitch their business ideas out of which 15 applicants will be shortlisted. The ideas need to be solution driven which supports Sustainable Development Goals. The purpose of the event is to create a leading global program that supports Nepali startups looking to solve some of the most pressing global challenges and contributing to the discussion on impact investing. </p> <p>The deadline for the application is July 31, 2017 followed by orientation for the entrepreneurs. The shortlisted participants will get to pitch their final ideas on August 17 where the finalists will be selected. The finalists will then get to pitch their ideas in the international bootcamp, Slush Global Impact Accelerator, in Helsinki, Finland in November.</p> <p>The enterprises that wish to apply need to be legally registered and have at least a working prototype along with having revenue plus funding less than 1 million euros.</p> <p>The event is being jointly organized by YoungInnovations, OULU University of Applied Sciences, Kathmandu University School of Management (KUSOM), King’s College and Idea Studio. This is the second Slush GIA to be held in Nepal. Last year, two finalists, Honeyguide App and ICT for Agriculture got a chance to pitch their business plans at the global arena in Finland. </p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5885', 'image' => '20170629031137_slush_GIA_eposter.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6100', 'article_category_id' => '1', 'title' => 'Himalayan Bank Installs CCTV Cameras in Maitidevi Temple Premises', 'sub_title' => '', 'summary' => 'Himalayan Bank Limited has installed eight CCTV cameras on the premises of Maitidevi Temple in Kathmandu. ', 'content' => '<p>June 29: Himalayan Bank Limited has installed eight CCTV cameras on the premises of Maitidevi Temple in Kathmandu today.</p> <p>The bank as part of its CSR initiative handed over eight sets of high quality cameras and recording equipments to the temple administration amid a function held on Thursday for the security of religious heritage, reads a press statement issued by the bank.</p> <p>The cameras can secure high resolution videos of all the activities round the clock around the temple premises for 18 days.</p> <p>While handing over the cameras to Maitidevi Area Management Committee’s member secretary Darshan Mahato, Himalayan Bank’s Chairman Manoj Bahadur Shrestha expressed his belief that the installation of cameras would help in curbing unwanted activities around the temple area.</p> <p>Director General of the Department of Archaeology, Bhes Narayan Dahal, was present during the function.</p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5884', 'image' => '20170629020051_20170628_153653.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6099', 'article_category_id' => '1', 'title' => 'NCELL Provides Scholarships to SEE Students', 'sub_title' => '', 'summary' => ' NCELL has granted partial scholarships to 48 Secondary Education Exam (SEE) students enrolled in bridge courses under its ‘Pahilo Sim’ campaign.', 'content' => '<p>June 29: NCELL has granted partial scholarships to 48 Secondary Education Exam (SEE) students enrolled in bridge courses under its ‘Pahilo Sim’ campaign.</p> <p>Under its first sim campaign, NCELL has provided partial scholarships of Rs 5,000 each to three top students from 16 different bridge course institutes.</p> <p>NCELL will continue to provide such scholarships to outstanding students in the future as well, it said in a statement.</p> <p>The students were selected for the scholarship based on their performance in internal exams conducted by the institutes.</p> <p>Under this campaign, which is valid till June 30, the SEE appeared students can buy prepaid sim card just for Rs 1 which includes My 5 service that provides unlimited talk time to 5 NCELL numbers for 30 days.</p> <p> </p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5883', 'image' => '20170629013444_Ncell-brand-logo.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6098', 'article_category_id' => '1', 'title' => 'ICFC Opens Branch in Trishuli', 'sub_title' => '', 'summary' => ' ICFC Finance has opened its branch in Trishuli of Nuwakot district.', 'content' => '<p>June 29: ICFC Finance has opened its branch in Trishuli of Nuwakot district. The finance company has upgraded its extension counter operating in Trishuli into the branch. Sunil Panta, CEO of the company, inaugurated the branch on June 28.</p> <p>The extension counter was converted into branch with an objective of improving the economic condition of Nuwakot district, said Panta.</p> <p>With the addition, the finance company has a total of 15 branches now. The finance company running on profit of Rs 180 million until mid-June in the current fiscal year, operates with a total of 12 ATM outlets. The finance company is also preparing to open another branch at Jyotinagar in Chitwan.</p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5882', 'image' => '20170629012816_logo.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6097', 'article_category_id' => '1', 'title' => 'Bancassurance Agreement between BoK and NLG', 'sub_title' => '', 'summary' => ' Bank of Kathmandu (Bok) has partnered with NLG Insurance Company to provide bancassurance (Bank Insurance) service to the customers.', 'content' => '<p>June 29: Bank of Kathmandu (Bok) has partnered with NLG Insurance Company to provide bancassurance (Bank Insurance) service to the customers.</p> <p>The bank and the insurance company signed an agreement to this regard amid a program held on June 28.</p> <p>According to the agreement, customers of the bank can subscribe to all non-life insurance-related services from any BoK branch throughout the country.</p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5881', 'image' => null, 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6096', 'article_category_id' => '1', 'title' => 'Nepal Yet to Meet the Demand of Paddy Production', 'sub_title' => '', 'summary' => 'The total annual production of paddy in Nepal amounts to Rs 150 billion. ', 'content' => '<p>June 29: The total annual production of paddy in Nepal amounts to Rs 150 billion. Therefore, the fluctuation in paddy production directly affects the Gross Domestic Product (GDP) of the country. Deputy Spokesperson of the Ministry of Agriculture Development, Shankar Sapkota, made such remarks during a function organized by Nepal Agriculture Journalists Association in the capital on Wednesday to mark the 14<sup>th</sup> National Paddy Day.</p> <p>Of late, the agriculture sector has been contributing 29.4 percent of the total GDP of the country. According to the ministry, paddy constitutes 20 percent of the total agricultural products of the country.</p> <p>Deputy Spokesperson Sapkota said that 5.4 million metric tons of paddy is estimated to be produced in the coming fiscal year.</p> <p>Paddy expert Krishna Devkota said that there has been a decrease in paddy production due to lack of proper irrigation and manure management among various other things.</p> <p>Out of the total 3 million hectares of arable land in Nepal, paddy production was done on 1.362 million hectares in the fiscal year 2015/2016, says Tilak Chaulagain, a project officer under the Prime Minister’s Modernization Project. </p> <p>During that period, 4.219 million metric tons of paddy was produced. According to Chaulagain, the amount of paddy produced in the country was less than the total demand of the country by 2 million metric tons. In the fiscal year 2015/16, the production of paddy was 3.15 metric tons per hectare. The country can be self reliant on paddy if the production is increased to 4.5 metric ton per hectare, says Chaulagain.</p> <p>The project has a target of making the country self reliant on major crops within the next three years. In order to meet the target, the project has already created a super zone in Jhapa in the current fiscal year. Likewise, other five zones have also been set up especially for paddy in Kanchanpur, Kapilbastu, Pyuthan, Bardiya and Sarlahi. The project has also established 24 blocks in various districts for paddy production. He further informed that the project will create another paddy zone in Siraha in the coming fiscal year 2017/2018 with a view to increase production.</p> <p>Nepal used to export paddy in the past but in the recent years Nepal has turned into importer. Currently, Nepal spends more than Rs 25 billion to import paddy and rice every year.</p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5880', 'image' => '20170629011931_paddy.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6095', 'article_category_id' => '1', 'title' => 'Hydropower Companies Awaiting for Approval to Issue IPOs ', 'sub_title' => '', 'summary' => ' Thirteen hydropower companies are going to issue their IPOs in the near future.', 'content' => '<p> June 29: Thirteen hydropower companies are going to issue their IPOs in the near future.</p> <p>Out of 19 companies which are awaiting the approval for issuance of IPOs and FPOs from SEBON, 13 applicants are from hydropower sector.</p> <p>Apart from banks and financial institutions (BFIs), applications from hydropower companies asking for approval to issue common shares for capital increment has also increased, claims Niranjaya Ghimire, deputy director of SEBON.</p> <p>The mandatory provision imposed by the government for hydropower projects to include 10 percent shareholders from among the locals of the affected area has made the sector more attractive for investors.</p> <p>The companies awaiting approval are Sanjen Jalavidhyut, Rasuwagadhi Hydropower, Ankhukhola Hydropower, Garjyang Upatyaka Hydropower Company, Joshi Hydropower Development, Subham Power, Panchakanya Mai Hydropower, Radhi Bidyut, Laughing Buddha Power, Unique Hydel, Panchakanya Jalabidyut, Nepal Hydro Developer and Nyadi Hydropower Ltd.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5879', 'image' => null, 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6094', 'article_category_id' => '1', 'title' => 'NRB and Bank of Korea to Prepare Macroeconomic Model for Nepal', 'sub_title' => '', 'summary' => 'Bank of Korea (BoK) has agreed to provide technical assistance to prepare a macroeconomic model for the economic projection of Nepal by the end of 2017.', 'content' => '<p>June 28: Bank of Korea (BoK) has agreed to provide technical assistance to prepare a macroeconomic model for the economic projection of Nepal by the end of 2017. According to Nepal Rastra Bank (NRB), researchers from Yonsai University of Korea will be engaged in the project.</p> <p>Director at the Office of the Governor of NRB, Dr Prakash Kumar Shrestha, and Jong Suk Won, deputy director general of International Relations Department of BoK signed the agreement to this effect on June 27.</p> <p>According to the agreement, BoK will assist the Central Bank of Nepal in economic research model, currency management, implementation of payment and clearance system, economic projection system, and reform in supervision and regulation system. NRB said that BoK has been helping the NRB by providing them technical assistance from time to time.</p> <p>In the programme, Nara Bahadur Thapa, executive director of Nepal Rastra Bank said that BoK and NRB will jointly study the topics including use of modern equipment in the banking sector. The group will include seven members from BoK and four members from NRB.</p> <p>Thapa shared that the group will also publish a book on the basis of the six-month study. He shared that though NRB has created a model related to economic projection, many areas of Nepal lack proper statistics.</p> <p>Jong Suk Won, the Deputy Director General of BOK said that he is delighted to study the dimension of Nepali economy and informed that his team will present a report to NRB after study.</p> <p>According to Thapa, Korea stands on the fourth position among the countries which have invested in Nepal.</p> <p>He said that Korea's investment has been increasing in Nepal and that with more Korean investment in Nepal, there is increase in the trade deficit of Nepal with it. </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5878', 'image' => null, 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6093', 'article_category_id' => '1', 'title' => 'Nepal Bank, TU sign MoU', 'sub_title' => '', 'summary' => ' Nepal Bank Ltd and Tribhuvan University (TU) have signed a Memorandum of Understanding for the mutual benefit of both institutions.', 'content' => '<p>June 28: Nepal Bank Ltd and Tribhuvan University (TU) have signed a Memorandum of Understanding for the mutual benefit of both institutions. Devendra Pratap Shah, CEO of Nepal Bank and Dilliram Upreti, registrar of Tribhuvan University, signed the paper amid a function held in Kathmandu on June 27.</p> <p>According to the MoU, every pensioner of the university can get pension through the bank by opening a special saving account in the bank. The bank has also agreed to provide around Rs 150 million as overdraft without charging interest to the university for a maximum of 15 working days to pay the pension amount. </p> <p>The bank will also provide fifty percent discount on the charges for draft, TT, ABBS and web remit to the university.</p> <p>Also, the counter service for the payment of examination fees will be made available to the students of the university at Balaju Industrial Area, Bhaktapur, Kalimati and Chabahil branches of the bank. </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-30', 'keywords' => '', 'description' => '', 'sortorder' => '5877', 'image' => null, 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6092', 'article_category_id' => '1', 'title' => 'Laxmi Bank to Provide 38% Bonus Shares', 'sub_title' => '', 'summary' => 'Laxmi Bank will be giving 38 percent bonus shares to its shareholders. ', 'content' => '<p>June 28: Laxmi Bank will be giving 38 percent bonus shares to its shareholders. The proposal regarding the bonus share was approved at the 16<sup>th</sup> Annual General Meeting of the bank held on June 27.</p> <p>The meeting chaired by Sambhu Prasad Acharya, chairman of the bank, also approved the report of the board of directors and its financial report.</p> <p>Currently, the bank is providing financial services through its 68 branches all over the country. The bank has also established two subsidiary companies named 'Laxmi Capital Market' and 'Laxmi Laghubitta Bittiya Sanstha' to provide investment and banking services.</p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5876', 'image' => '20170628033200_68.jpg', 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6091', 'article_category_id' => '1', 'title' => 'Impact of Indian GST on Nepal', 'sub_title' => 'Transport cost to go up by 3 percent from July 1', 'summary' => 'The online edition of the British economic magazine ‘The Economist’ on June 24 has mentioned two achievements of Indian Prime Minister Narendra Modi – demonetization, and Goods and Service Tax (GST).', 'content' => '<p>June 28: The online edition of the British economic magazine ‘The Economist’ on June 24 has mentioned two achievements of Indian Prime Minister Narendra Modi – demonetization, and Goods and Service Tax (GST).</p> <p>The paper has analysed that the GST, which will be implemented from July 1, is comparable to the achievement that India made from demonetization. The direct effect of demonetization was felt in countries like Nepal and Bhutan that transact in Indian currency. They are now busy analyzing the possible effects of the GST.</p> <p>Earlier, different taxes imposed by the central and state governments of India had made the price of imported goods from India very high.</p> <p>With the implementation of the GST, there will be uniform rate in all products. It has also been analysed that the current effect of the GST will be positive. However, there is a negative side of the GST as well, and the first effect of it will be seen in the import of goods to Nepal.</p> <p>The GST will increase the transportation tax rate by three percent. Due to this, the transportation fare will rise by three percent, say industrialists and traders.</p> <p>Transportation tax which was 15 percent earlier has reached 18 percent. This is the reason for the increase in transportation fares while importing goods to Nepal.</p> <p>Likewise, the Nepali import transactions are done in Indian currency. The GST will not accept that kind of transaction as export and only those in USD is considered as export.</p> <p>Therefore, Nepal will not receive the GST facilities that other countries dealing in USD get.</p> <p>According to Pashupati Murarka, former president of the Federation of Nepalese Chamber of Commerce and Industries (FNCCI), the huge informal trade with India will now come through formal channel.</p> <p>Meanwhile, Rabi Shankar Sainju, spokesperson of the Ministry of Commerce (MoC) said they have written to the Indian government requesting waiver on service tax to give relief to the importers. “We are waiting for the reply,” he said.</p> <p> </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5875', 'image' => null, 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6090', 'article_category_id' => '1', 'title' => 'Indian tourists beat the summer heat in Pokhara', 'sub_title' => '', 'summary' => 'Tourist-hub Pokhara has seen a rise in the number of Indian tourists in recent days.', 'content' => '<p>June 28: Tourist-hub Pokhara has seen a rise in the number of Indian tourists in recent days. According to Western Region Hotel Association, Pokhara’s Chairman Bikal Tulachan, Indian tourists basically visit Pokhara to beat the summer heat and to spend their vacation.</p> <p>“Most of the Indian tourists come to Pokhara to get away from the excessive heat in India,” said Tulachan, adding, “The Indian tourists have increased in comparison to last year.”</p> <p>Among the Indian tourists, most of them are from the cities of the bordering states.</p> <p>The presence of Indian tourists in Pokhara was almost nil in the aftermath of the devastating earthquake of 2015 and during the blockade imposed by India. Tourism entrepreneurs are hopeful that the situation will become better as the inflow of Indian tourists has gradually increased since last year. Most of the tourists in Pokhara at present are Indians.</p> <p>Indian tourists account for around 40 percent occupancy of Pokhara-based hotels, according to Tulachan. The remaining tourists are Nepalis while the number of foreign tourists other than Indians is negligible.</p> <p>Before the earthquake, majority of tourists during this season used to be Chinese. But after the quake, Chinese tourists have hardly traveled to Pokhara.</p> <p>Avia Club’s Manager Rijan Rijal informed that most of the tourists at present are Indians. According to Rijal, around 70 percent of tourists who come for ultralight flights are Indians.</p> <p>Although the number of Indian tourists visiting pokhara has increased significantly, the overall situation is not satisfactory, says Hotel Landmark’s operator Om Pandey.</p> <p>“Half of the tourists are Indians. But we still need to do a lot to bring more tourists,” he said.</p> <p>Indian tourists are considered vital for the hospitality business of Pokhara. Even a small number of tourists from India, which shares border with Nepal, would significantly boost the tourism industry in Pokhara. Hotel entrepreneurs are active in increasing the number of Indian tourists, for which the Western Region Hotel Association has been launching a special campaign ‘Chaliye Pokhara’ for the last seven years.</p> <p>This campaign has helped to a great extent in bringing Indian tourists to Pokhara, says the association’s former chairman Biplav Poudel, who operates Hotel Barahi. Poudel believes that Indian tourists have not only helped tourism thrive in Pokhara but have helped in the overall tourism business across Nepal.</p> <p>Pokhara falls in the priority list of Indian tourists who live in the bordering cities of India as they can drive to Pokhara on their own. </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5874', 'image' => null, 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6089', 'article_category_id' => '1', 'title' => 'Ncell announces new offer', 'sub_title' => 'Attractive gifts everyday under ‘Sabailai Upahar Harek Din Lagataar’ offer', 'summary' => ' The customers will get attractive gifts including bonus talk time, data, bonus SMS every day under the scheme.', 'content' => '<p>June 28: Ncell has announced attractive gifts every day under ‘Sabailai Upahar Harek Din Lagataar’ offer. The customers will get attractive gifts including bonus talk time, data, bonus SMS every day under the scheme, according to a press statement issued by the telecom giant on Tuesday.</p> <p>After activating the offer, every customer will start receiving attractive gifts which could be anything from free data volume to bonus talk time to bonus SMS among others. The statement further says that the gift offer includes bonus data of 100 MB, 20 MB, 10 MB and 20 bonus SMS, bonus talk time of 15 minutes, 10 minutes day talk time and 15 minutes night talk time among others. Customer will get attractive gifts every day.</p> <p>“Providing good customer experience has always been the top priority of Ncell. We are confident the campaign will bring joy to our customers, enabling them to stay connected with their beloved for additional period every day,” said Milan Sharma, corporate communications expert of Ncell.</p> <p>All prepaid and post-paid customers of Ncell can take part in the campaign for free by dialing 17124 and following the instructions. Ncell customers can also activate this offer by dialing *17124# or by sending SMS after typing ‘A’ to 17124. The offer will be effective from June 28 (Wednesday).</p> <p>Subscribers are should use the bonuses within the same day by 12 pm midnight. After midnight, the customers will again receive the same gifts that will be valid till next midnight. The offer will remain in place for 30 days and once the customers activate the offer, it cannot be deactivated.The offers will be valid within the Ncell network .</p> <p> </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5873', 'image' => '20170628121319_Ncell-brand-logo.jpg', 'article_date' => '2017-06-28 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' => '6103', 'article_category_id' => '1', 'title' => '3rd National BSchools Rating Ranking Awards 2017', 'sub_title' => '', 'summary' => 'Who is going to be the BEST B-SCHOOL of this year?', 'content' => '<p><img alt="" class="img-responsive" src="/userfiles/images/bschool_full.jpg" /></p> ', 'published' => true, 'created' => '2017-06-30', 'modified' => '2017-06-30', 'keywords' => '', 'description' => '', 'sortorder' => '5887', 'image' => null, 'article_date' => '2017-06-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '1' ) ), (int) 1 => array( 'Article' => array( 'id' => '6102', 'article_category_id' => '1', 'title' => '14 Kms of Bagmati Corridor Road Completed', 'sub_title' => '', 'summary' => 'The High Powered Committee for Integrated Development of the Bagmati Civilisation has spent 56.68 percent amount of the allocated budget till mid-June. ', 'content' => '<p>June 29: The High Powered Committee for Integrated Development of the Bagmati Civilisation has spent 56.68 percent amount of the allocated budget till mid-June. Out of Rs 100.44 billion allocated to Bagmati Area Physical Infrastructure Development Project under the committee, Rs 56.94 billion has been spent to construct infrastructures including roads, drainage and river embankments. </p> <p>About 13.73 kilometres of another keenly-watched project under the committee, the Bagmati Corridor Road, has been completed so far. This project has been given special focus since a long time as it is considered vital in easing traffic congestion in Kathmandu and Lalitpur. The total length of the corridor is 17.61 kms.</p> <p>The Bagmati Corridor Road stretches from Gokarneshwar Temple to Balkhu en route Tilganga, Sinamangal, Minbhavan, Shankhamul and Thapathali.</p> <p>"Only 3.88 kms of the corridor road is yet to be constructed," says Jyoti Kumar Shrestha, director of the project. He said that there is no separate project as such for Bagmati corridor but the roads are being constructed under the Bagmati Area Physical Infrastructure Development Project.</p> <p>“We have divided the corridor into various sections and the construction is underway in most of the places,” he said.</p> <p> </p> <p>Out of 1,750 metres of the road section from Gokarneshwar to Guheswari, 1,250 metres has been completed. Similarly, the Tilganga-Sinamangal road section of the corridor has been completed as per the target. According to the project, 3,419 kilometres of the road which falls in the area has been completed. Also, 1,391 metres of Sinamangal-Minbhavan road section has also been completed.</p> <p>However, the construction of Minbhawan-Shankhamul road section of the corridor almost ready. The road section is 6,600 metres long while construction of 6,570 metres has already finished. 1100 metres of Shankamul-Thapathali road section has been completed as per the target. Meanwhile, only 150 metres of Thapathali-Balkhu road section has been completed so far.</p> <p>The agreement for construction of 2,500 metres Balkhu-Sundarighat road section was signed in 2013. However, no progress had been made in this section at all. The project has a target to complete 2,500 meters of the Bishnumati confluence-Shobha Bhagwati road section. The agreement for this road section was signed in 2014. </p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5886', 'image' => null, 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6101', 'article_category_id' => '1', 'title' => 'Slush Global Impact Accelerator Opens Application for Pitching Competition', 'sub_title' => '', 'summary' => 'Slush Global Impact Accelerator 2017 has opened applications for Nepali entrepreneurs to take part in a global event.', 'content' => '<p>June 29: Slush Global Impact Accelerator 2017, a program initiated in collaboration with the Ministry for Foreign Affairs of Finland, has opened applications for Nepali entrepreneurs to take part in a global competition. The entrepreneurs will be required to pitch their business ideas out of which 15 applicants will be shortlisted. The ideas need to be solution driven which supports Sustainable Development Goals. The purpose of the event is to create a leading global program that supports Nepali startups looking to solve some of the most pressing global challenges and contributing to the discussion on impact investing. </p> <p>The deadline for the application is July 31, 2017 followed by orientation for the entrepreneurs. The shortlisted participants will get to pitch their final ideas on August 17 where the finalists will be selected. The finalists will then get to pitch their ideas in the international bootcamp, Slush Global Impact Accelerator, in Helsinki, Finland in November.</p> <p>The enterprises that wish to apply need to be legally registered and have at least a working prototype along with having revenue plus funding less than 1 million euros.</p> <p>The event is being jointly organized by YoungInnovations, OULU University of Applied Sciences, Kathmandu University School of Management (KUSOM), King’s College and Idea Studio. This is the second Slush GIA to be held in Nepal. Last year, two finalists, Honeyguide App and ICT for Agriculture got a chance to pitch their business plans at the global arena in Finland. </p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5885', 'image' => '20170629031137_slush_GIA_eposter.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6100', 'article_category_id' => '1', 'title' => 'Himalayan Bank Installs CCTV Cameras in Maitidevi Temple Premises', 'sub_title' => '', 'summary' => 'Himalayan Bank Limited has installed eight CCTV cameras on the premises of Maitidevi Temple in Kathmandu. ', 'content' => '<p>June 29: Himalayan Bank Limited has installed eight CCTV cameras on the premises of Maitidevi Temple in Kathmandu today.</p> <p>The bank as part of its CSR initiative handed over eight sets of high quality cameras and recording equipments to the temple administration amid a function held on Thursday for the security of religious heritage, reads a press statement issued by the bank.</p> <p>The cameras can secure high resolution videos of all the activities round the clock around the temple premises for 18 days.</p> <p>While handing over the cameras to Maitidevi Area Management Committee’s member secretary Darshan Mahato, Himalayan Bank’s Chairman Manoj Bahadur Shrestha expressed his belief that the installation of cameras would help in curbing unwanted activities around the temple area.</p> <p>Director General of the Department of Archaeology, Bhes Narayan Dahal, was present during the function.</p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5884', 'image' => '20170629020051_20170628_153653.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6099', 'article_category_id' => '1', 'title' => 'NCELL Provides Scholarships to SEE Students', 'sub_title' => '', 'summary' => ' NCELL has granted partial scholarships to 48 Secondary Education Exam (SEE) students enrolled in bridge courses under its ‘Pahilo Sim’ campaign.', 'content' => '<p>June 29: NCELL has granted partial scholarships to 48 Secondary Education Exam (SEE) students enrolled in bridge courses under its ‘Pahilo Sim’ campaign.</p> <p>Under its first sim campaign, NCELL has provided partial scholarships of Rs 5,000 each to three top students from 16 different bridge course institutes.</p> <p>NCELL will continue to provide such scholarships to outstanding students in the future as well, it said in a statement.</p> <p>The students were selected for the scholarship based on their performance in internal exams conducted by the institutes.</p> <p>Under this campaign, which is valid till June 30, the SEE appeared students can buy prepaid sim card just for Rs 1 which includes My 5 service that provides unlimited talk time to 5 NCELL numbers for 30 days.</p> <p> </p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5883', 'image' => '20170629013444_Ncell-brand-logo.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6098', 'article_category_id' => '1', 'title' => 'ICFC Opens Branch in Trishuli', 'sub_title' => '', 'summary' => ' ICFC Finance has opened its branch in Trishuli of Nuwakot district.', 'content' => '<p>June 29: ICFC Finance has opened its branch in Trishuli of Nuwakot district. The finance company has upgraded its extension counter operating in Trishuli into the branch. Sunil Panta, CEO of the company, inaugurated the branch on June 28.</p> <p>The extension counter was converted into branch with an objective of improving the economic condition of Nuwakot district, said Panta.</p> <p>With the addition, the finance company has a total of 15 branches now. The finance company running on profit of Rs 180 million until mid-June in the current fiscal year, operates with a total of 12 ATM outlets. The finance company is also preparing to open another branch at Jyotinagar in Chitwan.</p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5882', 'image' => '20170629012816_logo.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6097', 'article_category_id' => '1', 'title' => 'Bancassurance Agreement between BoK and NLG', 'sub_title' => '', 'summary' => ' Bank of Kathmandu (Bok) has partnered with NLG Insurance Company to provide bancassurance (Bank Insurance) service to the customers.', 'content' => '<p>June 29: Bank of Kathmandu (Bok) has partnered with NLG Insurance Company to provide bancassurance (Bank Insurance) service to the customers.</p> <p>The bank and the insurance company signed an agreement to this regard amid a program held on June 28.</p> <p>According to the agreement, customers of the bank can subscribe to all non-life insurance-related services from any BoK branch throughout the country.</p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5881', 'image' => null, 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6096', 'article_category_id' => '1', 'title' => 'Nepal Yet to Meet the Demand of Paddy Production', 'sub_title' => '', 'summary' => 'The total annual production of paddy in Nepal amounts to Rs 150 billion. ', 'content' => '<p>June 29: The total annual production of paddy in Nepal amounts to Rs 150 billion. Therefore, the fluctuation in paddy production directly affects the Gross Domestic Product (GDP) of the country. Deputy Spokesperson of the Ministry of Agriculture Development, Shankar Sapkota, made such remarks during a function organized by Nepal Agriculture Journalists Association in the capital on Wednesday to mark the 14<sup>th</sup> National Paddy Day.</p> <p>Of late, the agriculture sector has been contributing 29.4 percent of the total GDP of the country. According to the ministry, paddy constitutes 20 percent of the total agricultural products of the country.</p> <p>Deputy Spokesperson Sapkota said that 5.4 million metric tons of paddy is estimated to be produced in the coming fiscal year.</p> <p>Paddy expert Krishna Devkota said that there has been a decrease in paddy production due to lack of proper irrigation and manure management among various other things.</p> <p>Out of the total 3 million hectares of arable land in Nepal, paddy production was done on 1.362 million hectares in the fiscal year 2015/2016, says Tilak Chaulagain, a project officer under the Prime Minister’s Modernization Project. </p> <p>During that period, 4.219 million metric tons of paddy was produced. According to Chaulagain, the amount of paddy produced in the country was less than the total demand of the country by 2 million metric tons. In the fiscal year 2015/16, the production of paddy was 3.15 metric tons per hectare. The country can be self reliant on paddy if the production is increased to 4.5 metric ton per hectare, says Chaulagain.</p> <p>The project has a target of making the country self reliant on major crops within the next three years. In order to meet the target, the project has already created a super zone in Jhapa in the current fiscal year. Likewise, other five zones have also been set up especially for paddy in Kanchanpur, Kapilbastu, Pyuthan, Bardiya and Sarlahi. The project has also established 24 blocks in various districts for paddy production. He further informed that the project will create another paddy zone in Siraha in the coming fiscal year 2017/2018 with a view to increase production.</p> <p>Nepal used to export paddy in the past but in the recent years Nepal has turned into importer. Currently, Nepal spends more than Rs 25 billion to import paddy and rice every year.</p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5880', 'image' => '20170629011931_paddy.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6095', 'article_category_id' => '1', 'title' => 'Hydropower Companies Awaiting for Approval to Issue IPOs ', 'sub_title' => '', 'summary' => ' Thirteen hydropower companies are going to issue their IPOs in the near future.', 'content' => '<p> June 29: Thirteen hydropower companies are going to issue their IPOs in the near future.</p> <p>Out of 19 companies which are awaiting the approval for issuance of IPOs and FPOs from SEBON, 13 applicants are from hydropower sector.</p> <p>Apart from banks and financial institutions (BFIs), applications from hydropower companies asking for approval to issue common shares for capital increment has also increased, claims Niranjaya Ghimire, deputy director of SEBON.</p> <p>The mandatory provision imposed by the government for hydropower projects to include 10 percent shareholders from among the locals of the affected area has made the sector more attractive for investors.</p> <p>The companies awaiting approval are Sanjen Jalavidhyut, Rasuwagadhi Hydropower, Ankhukhola Hydropower, Garjyang Upatyaka Hydropower Company, Joshi Hydropower Development, Subham Power, Panchakanya Mai Hydropower, Radhi Bidyut, Laughing Buddha Power, Unique Hydel, Panchakanya Jalabidyut, Nepal Hydro Developer and Nyadi Hydropower Ltd.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5879', 'image' => null, 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6094', 'article_category_id' => '1', 'title' => 'NRB and Bank of Korea to Prepare Macroeconomic Model for Nepal', 'sub_title' => '', 'summary' => 'Bank of Korea (BoK) has agreed to provide technical assistance to prepare a macroeconomic model for the economic projection of Nepal by the end of 2017.', 'content' => '<p>June 28: Bank of Korea (BoK) has agreed to provide technical assistance to prepare a macroeconomic model for the economic projection of Nepal by the end of 2017. According to Nepal Rastra Bank (NRB), researchers from Yonsai University of Korea will be engaged in the project.</p> <p>Director at the Office of the Governor of NRB, Dr Prakash Kumar Shrestha, and Jong Suk Won, deputy director general of International Relations Department of BoK signed the agreement to this effect on June 27.</p> <p>According to the agreement, BoK will assist the Central Bank of Nepal in economic research model, currency management, implementation of payment and clearance system, economic projection system, and reform in supervision and regulation system. NRB said that BoK has been helping the NRB by providing them technical assistance from time to time.</p> <p>In the programme, Nara Bahadur Thapa, executive director of Nepal Rastra Bank said that BoK and NRB will jointly study the topics including use of modern equipment in the banking sector. The group will include seven members from BoK and four members from NRB.</p> <p>Thapa shared that the group will also publish a book on the basis of the six-month study. He shared that though NRB has created a model related to economic projection, many areas of Nepal lack proper statistics.</p> <p>Jong Suk Won, the Deputy Director General of BOK said that he is delighted to study the dimension of Nepali economy and informed that his team will present a report to NRB after study.</p> <p>According to Thapa, Korea stands on the fourth position among the countries which have invested in Nepal.</p> <p>He said that Korea's investment has been increasing in Nepal and that with more Korean investment in Nepal, there is increase in the trade deficit of Nepal with it. </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5878', 'image' => null, 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6093', 'article_category_id' => '1', 'title' => 'Nepal Bank, TU sign MoU', 'sub_title' => '', 'summary' => ' Nepal Bank Ltd and Tribhuvan University (TU) have signed a Memorandum of Understanding for the mutual benefit of both institutions.', 'content' => '<p>June 28: Nepal Bank Ltd and Tribhuvan University (TU) have signed a Memorandum of Understanding for the mutual benefit of both institutions. Devendra Pratap Shah, CEO of Nepal Bank and Dilliram Upreti, registrar of Tribhuvan University, signed the paper amid a function held in Kathmandu on June 27.</p> <p>According to the MoU, every pensioner of the university can get pension through the bank by opening a special saving account in the bank. The bank has also agreed to provide around Rs 150 million as overdraft without charging interest to the university for a maximum of 15 working days to pay the pension amount. </p> <p>The bank will also provide fifty percent discount on the charges for draft, TT, ABBS and web remit to the university.</p> <p>Also, the counter service for the payment of examination fees will be made available to the students of the university at Balaju Industrial Area, Bhaktapur, Kalimati and Chabahil branches of the bank. </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-30', 'keywords' => '', 'description' => '', 'sortorder' => '5877', 'image' => null, 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6092', 'article_category_id' => '1', 'title' => 'Laxmi Bank to Provide 38% Bonus Shares', 'sub_title' => '', 'summary' => 'Laxmi Bank will be giving 38 percent bonus shares to its shareholders. ', 'content' => '<p>June 28: Laxmi Bank will be giving 38 percent bonus shares to its shareholders. The proposal regarding the bonus share was approved at the 16<sup>th</sup> Annual General Meeting of the bank held on June 27.</p> <p>The meeting chaired by Sambhu Prasad Acharya, chairman of the bank, also approved the report of the board of directors and its financial report.</p> <p>Currently, the bank is providing financial services through its 68 branches all over the country. The bank has also established two subsidiary companies named 'Laxmi Capital Market' and 'Laxmi Laghubitta Bittiya Sanstha' to provide investment and banking services.</p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5876', 'image' => '20170628033200_68.jpg', 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6091', 'article_category_id' => '1', 'title' => 'Impact of Indian GST on Nepal', 'sub_title' => 'Transport cost to go up by 3 percent from July 1', 'summary' => 'The online edition of the British economic magazine ‘The Economist’ on June 24 has mentioned two achievements of Indian Prime Minister Narendra Modi – demonetization, and Goods and Service Tax (GST).', 'content' => '<p>June 28: The online edition of the British economic magazine ‘The Economist’ on June 24 has mentioned two achievements of Indian Prime Minister Narendra Modi – demonetization, and Goods and Service Tax (GST).</p> <p>The paper has analysed that the GST, which will be implemented from July 1, is comparable to the achievement that India made from demonetization. The direct effect of demonetization was felt in countries like Nepal and Bhutan that transact in Indian currency. They are now busy analyzing the possible effects of the GST.</p> <p>Earlier, different taxes imposed by the central and state governments of India had made the price of imported goods from India very high.</p> <p>With the implementation of the GST, there will be uniform rate in all products. It has also been analysed that the current effect of the GST will be positive. However, there is a negative side of the GST as well, and the first effect of it will be seen in the import of goods to Nepal.</p> <p>The GST will increase the transportation tax rate by three percent. Due to this, the transportation fare will rise by three percent, say industrialists and traders.</p> <p>Transportation tax which was 15 percent earlier has reached 18 percent. This is the reason for the increase in transportation fares while importing goods to Nepal.</p> <p>Likewise, the Nepali import transactions are done in Indian currency. The GST will not accept that kind of transaction as export and only those in USD is considered as export.</p> <p>Therefore, Nepal will not receive the GST facilities that other countries dealing in USD get.</p> <p>According to Pashupati Murarka, former president of the Federation of Nepalese Chamber of Commerce and Industries (FNCCI), the huge informal trade with India will now come through formal channel.</p> <p>Meanwhile, Rabi Shankar Sainju, spokesperson of the Ministry of Commerce (MoC) said they have written to the Indian government requesting waiver on service tax to give relief to the importers. “We are waiting for the reply,” he said.</p> <p> </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5875', 'image' => null, 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6090', 'article_category_id' => '1', 'title' => 'Indian tourists beat the summer heat in Pokhara', 'sub_title' => '', 'summary' => 'Tourist-hub Pokhara has seen a rise in the number of Indian tourists in recent days.', 'content' => '<p>June 28: Tourist-hub Pokhara has seen a rise in the number of Indian tourists in recent days. According to Western Region Hotel Association, Pokhara’s Chairman Bikal Tulachan, Indian tourists basically visit Pokhara to beat the summer heat and to spend their vacation.</p> <p>“Most of the Indian tourists come to Pokhara to get away from the excessive heat in India,” said Tulachan, adding, “The Indian tourists have increased in comparison to last year.”</p> <p>Among the Indian tourists, most of them are from the cities of the bordering states.</p> <p>The presence of Indian tourists in Pokhara was almost nil in the aftermath of the devastating earthquake of 2015 and during the blockade imposed by India. Tourism entrepreneurs are hopeful that the situation will become better as the inflow of Indian tourists has gradually increased since last year. Most of the tourists in Pokhara at present are Indians.</p> <p>Indian tourists account for around 40 percent occupancy of Pokhara-based hotels, according to Tulachan. The remaining tourists are Nepalis while the number of foreign tourists other than Indians is negligible.</p> <p>Before the earthquake, majority of tourists during this season used to be Chinese. But after the quake, Chinese tourists have hardly traveled to Pokhara.</p> <p>Avia Club’s Manager Rijan Rijal informed that most of the tourists at present are Indians. According to Rijal, around 70 percent of tourists who come for ultralight flights are Indians.</p> <p>Although the number of Indian tourists visiting pokhara has increased significantly, the overall situation is not satisfactory, says Hotel Landmark’s operator Om Pandey.</p> <p>“Half of the tourists are Indians. But we still need to do a lot to bring more tourists,” he said.</p> <p>Indian tourists are considered vital for the hospitality business of Pokhara. Even a small number of tourists from India, which shares border with Nepal, would significantly boost the tourism industry in Pokhara. Hotel entrepreneurs are active in increasing the number of Indian tourists, for which the Western Region Hotel Association has been launching a special campaign ‘Chaliye Pokhara’ for the last seven years.</p> <p>This campaign has helped to a great extent in bringing Indian tourists to Pokhara, says the association’s former chairman Biplav Poudel, who operates Hotel Barahi. Poudel believes that Indian tourists have not only helped tourism thrive in Pokhara but have helped in the overall tourism business across Nepal.</p> <p>Pokhara falls in the priority list of Indian tourists who live in the bordering cities of India as they can drive to Pokhara on their own. </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5874', 'image' => null, 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6089', 'article_category_id' => '1', 'title' => 'Ncell announces new offer', 'sub_title' => 'Attractive gifts everyday under ‘Sabailai Upahar Harek Din Lagataar’ offer', 'summary' => ' The customers will get attractive gifts including bonus talk time, data, bonus SMS every day under the scheme.', 'content' => '<p>June 28: Ncell has announced attractive gifts every day under ‘Sabailai Upahar Harek Din Lagataar’ offer. The customers will get attractive gifts including bonus talk time, data, bonus SMS every day under the scheme, according to a press statement issued by the telecom giant on Tuesday.</p> <p>After activating the offer, every customer will start receiving attractive gifts which could be anything from free data volume to bonus talk time to bonus SMS among others. The statement further says that the gift offer includes bonus data of 100 MB, 20 MB, 10 MB and 20 bonus SMS, bonus talk time of 15 minutes, 10 minutes day talk time and 15 minutes night talk time among others. Customer will get attractive gifts every day.</p> <p>“Providing good customer experience has always been the top priority of Ncell. We are confident the campaign will bring joy to our customers, enabling them to stay connected with their beloved for additional period every day,” said Milan Sharma, corporate communications expert of Ncell.</p> <p>All prepaid and post-paid customers of Ncell can take part in the campaign for free by dialing 17124 and following the instructions. Ncell customers can also activate this offer by dialing *17124# or by sending SMS after typing ‘A’ to 17124. The offer will be effective from June 28 (Wednesday).</p> <p>Subscribers are should use the bonuses within the same day by 12 pm midnight. After midnight, the customers will again receive the same gifts that will be valid till next midnight. The offer will remain in place for 30 days and once the customers activate the offer, it cannot be deactivated.The offers will be valid within the Ncell network .</p> <p> </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5873', 'image' => '20170628121319_Ncell-brand-logo.jpg', 'article_date' => '2017-06-28 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' => '6103', 'article_category_id' => '1', 'title' => '3rd National BSchools Rating Ranking Awards 2017', 'sub_title' => '', 'summary' => 'Who is going to be the BEST B-SCHOOL of this year?', 'content' => '<p><img alt="" class="img-responsive" src="/userfiles/images/bschool_full.jpg" /></p> ', 'published' => true, 'created' => '2017-06-30', 'modified' => '2017-06-30', 'keywords' => '', 'description' => '', 'sortorder' => '5887', 'image' => null, 'article_date' => '2017-06-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '1' ) ), (int) 1 => array( 'Article' => array( 'id' => '6102', 'article_category_id' => '1', 'title' => '14 Kms of Bagmati Corridor Road Completed', 'sub_title' => '', 'summary' => 'The High Powered Committee for Integrated Development of the Bagmati Civilisation has spent 56.68 percent amount of the allocated budget till mid-June. ', 'content' => '<p>June 29: The High Powered Committee for Integrated Development of the Bagmati Civilisation has spent 56.68 percent amount of the allocated budget till mid-June. Out of Rs 100.44 billion allocated to Bagmati Area Physical Infrastructure Development Project under the committee, Rs 56.94 billion has been spent to construct infrastructures including roads, drainage and river embankments. </p> <p>About 13.73 kilometres of another keenly-watched project under the committee, the Bagmati Corridor Road, has been completed so far. This project has been given special focus since a long time as it is considered vital in easing traffic congestion in Kathmandu and Lalitpur. The total length of the corridor is 17.61 kms.</p> <p>The Bagmati Corridor Road stretches from Gokarneshwar Temple to Balkhu en route Tilganga, Sinamangal, Minbhavan, Shankhamul and Thapathali.</p> <p>"Only 3.88 kms of the corridor road is yet to be constructed," says Jyoti Kumar Shrestha, director of the project. He said that there is no separate project as such for Bagmati corridor but the roads are being constructed under the Bagmati Area Physical Infrastructure Development Project.</p> <p>“We have divided the corridor into various sections and the construction is underway in most of the places,” he said.</p> <p> </p> <p>Out of 1,750 metres of the road section from Gokarneshwar to Guheswari, 1,250 metres has been completed. Similarly, the Tilganga-Sinamangal road section of the corridor has been completed as per the target. According to the project, 3,419 kilometres of the road which falls in the area has been completed. Also, 1,391 metres of Sinamangal-Minbhavan road section has also been completed.</p> <p>However, the construction of Minbhawan-Shankhamul road section of the corridor almost ready. The road section is 6,600 metres long while construction of 6,570 metres has already finished. 1100 metres of Shankamul-Thapathali road section has been completed as per the target. Meanwhile, only 150 metres of Thapathali-Balkhu road section has been completed so far.</p> <p>The agreement for construction of 2,500 metres Balkhu-Sundarighat road section was signed in 2013. However, no progress had been made in this section at all. The project has a target to complete 2,500 meters of the Bishnumati confluence-Shobha Bhagwati road section. The agreement for this road section was signed in 2014. </p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5886', 'image' => null, 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6101', 'article_category_id' => '1', 'title' => 'Slush Global Impact Accelerator Opens Application for Pitching Competition', 'sub_title' => '', 'summary' => 'Slush Global Impact Accelerator 2017 has opened applications for Nepali entrepreneurs to take part in a global event.', 'content' => '<p>June 29: Slush Global Impact Accelerator 2017, a program initiated in collaboration with the Ministry for Foreign Affairs of Finland, has opened applications for Nepali entrepreneurs to take part in a global competition. The entrepreneurs will be required to pitch their business ideas out of which 15 applicants will be shortlisted. The ideas need to be solution driven which supports Sustainable Development Goals. The purpose of the event is to create a leading global program that supports Nepali startups looking to solve some of the most pressing global challenges and contributing to the discussion on impact investing. </p> <p>The deadline for the application is July 31, 2017 followed by orientation for the entrepreneurs. The shortlisted participants will get to pitch their final ideas on August 17 where the finalists will be selected. The finalists will then get to pitch their ideas in the international bootcamp, Slush Global Impact Accelerator, in Helsinki, Finland in November.</p> <p>The enterprises that wish to apply need to be legally registered and have at least a working prototype along with having revenue plus funding less than 1 million euros.</p> <p>The event is being jointly organized by YoungInnovations, OULU University of Applied Sciences, Kathmandu University School of Management (KUSOM), King’s College and Idea Studio. This is the second Slush GIA to be held in Nepal. Last year, two finalists, Honeyguide App and ICT for Agriculture got a chance to pitch their business plans at the global arena in Finland. </p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5885', 'image' => '20170629031137_slush_GIA_eposter.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6100', 'article_category_id' => '1', 'title' => 'Himalayan Bank Installs CCTV Cameras in Maitidevi Temple Premises', 'sub_title' => '', 'summary' => 'Himalayan Bank Limited has installed eight CCTV cameras on the premises of Maitidevi Temple in Kathmandu. ', 'content' => '<p>June 29: Himalayan Bank Limited has installed eight CCTV cameras on the premises of Maitidevi Temple in Kathmandu today.</p> <p>The bank as part of its CSR initiative handed over eight sets of high quality cameras and recording equipments to the temple administration amid a function held on Thursday for the security of religious heritage, reads a press statement issued by the bank.</p> <p>The cameras can secure high resolution videos of all the activities round the clock around the temple premises for 18 days.</p> <p>While handing over the cameras to Maitidevi Area Management Committee’s member secretary Darshan Mahato, Himalayan Bank’s Chairman Manoj Bahadur Shrestha expressed his belief that the installation of cameras would help in curbing unwanted activities around the temple area.</p> <p>Director General of the Department of Archaeology, Bhes Narayan Dahal, was present during the function.</p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5884', 'image' => '20170629020051_20170628_153653.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6099', 'article_category_id' => '1', 'title' => 'NCELL Provides Scholarships to SEE Students', 'sub_title' => '', 'summary' => ' NCELL has granted partial scholarships to 48 Secondary Education Exam (SEE) students enrolled in bridge courses under its ‘Pahilo Sim’ campaign.', 'content' => '<p>June 29: NCELL has granted partial scholarships to 48 Secondary Education Exam (SEE) students enrolled in bridge courses under its ‘Pahilo Sim’ campaign.</p> <p>Under its first sim campaign, NCELL has provided partial scholarships of Rs 5,000 each to three top students from 16 different bridge course institutes.</p> <p>NCELL will continue to provide such scholarships to outstanding students in the future as well, it said in a statement.</p> <p>The students were selected for the scholarship based on their performance in internal exams conducted by the institutes.</p> <p>Under this campaign, which is valid till June 30, the SEE appeared students can buy prepaid sim card just for Rs 1 which includes My 5 service that provides unlimited talk time to 5 NCELL numbers for 30 days.</p> <p> </p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5883', 'image' => '20170629013444_Ncell-brand-logo.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6098', 'article_category_id' => '1', 'title' => 'ICFC Opens Branch in Trishuli', 'sub_title' => '', 'summary' => ' ICFC Finance has opened its branch in Trishuli of Nuwakot district.', 'content' => '<p>June 29: ICFC Finance has opened its branch in Trishuli of Nuwakot district. The finance company has upgraded its extension counter operating in Trishuli into the branch. Sunil Panta, CEO of the company, inaugurated the branch on June 28.</p> <p>The extension counter was converted into branch with an objective of improving the economic condition of Nuwakot district, said Panta.</p> <p>With the addition, the finance company has a total of 15 branches now. The finance company running on profit of Rs 180 million until mid-June in the current fiscal year, operates with a total of 12 ATM outlets. The finance company is also preparing to open another branch at Jyotinagar in Chitwan.</p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5882', 'image' => '20170629012816_logo.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6097', 'article_category_id' => '1', 'title' => 'Bancassurance Agreement between BoK and NLG', 'sub_title' => '', 'summary' => ' Bank of Kathmandu (Bok) has partnered with NLG Insurance Company to provide bancassurance (Bank Insurance) service to the customers.', 'content' => '<p>June 29: Bank of Kathmandu (Bok) has partnered with NLG Insurance Company to provide bancassurance (Bank Insurance) service to the customers.</p> <p>The bank and the insurance company signed an agreement to this regard amid a program held on June 28.</p> <p>According to the agreement, customers of the bank can subscribe to all non-life insurance-related services from any BoK branch throughout the country.</p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5881', 'image' => null, 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6096', 'article_category_id' => '1', 'title' => 'Nepal Yet to Meet the Demand of Paddy Production', 'sub_title' => '', 'summary' => 'The total annual production of paddy in Nepal amounts to Rs 150 billion. ', 'content' => '<p>June 29: The total annual production of paddy in Nepal amounts to Rs 150 billion. Therefore, the fluctuation in paddy production directly affects the Gross Domestic Product (GDP) of the country. Deputy Spokesperson of the Ministry of Agriculture Development, Shankar Sapkota, made such remarks during a function organized by Nepal Agriculture Journalists Association in the capital on Wednesday to mark the 14<sup>th</sup> National Paddy Day.</p> <p>Of late, the agriculture sector has been contributing 29.4 percent of the total GDP of the country. According to the ministry, paddy constitutes 20 percent of the total agricultural products of the country.</p> <p>Deputy Spokesperson Sapkota said that 5.4 million metric tons of paddy is estimated to be produced in the coming fiscal year.</p> <p>Paddy expert Krishna Devkota said that there has been a decrease in paddy production due to lack of proper irrigation and manure management among various other things.</p> <p>Out of the total 3 million hectares of arable land in Nepal, paddy production was done on 1.362 million hectares in the fiscal year 2015/2016, says Tilak Chaulagain, a project officer under the Prime Minister’s Modernization Project. </p> <p>During that period, 4.219 million metric tons of paddy was produced. According to Chaulagain, the amount of paddy produced in the country was less than the total demand of the country by 2 million metric tons. In the fiscal year 2015/16, the production of paddy was 3.15 metric tons per hectare. The country can be self reliant on paddy if the production is increased to 4.5 metric ton per hectare, says Chaulagain.</p> <p>The project has a target of making the country self reliant on major crops within the next three years. In order to meet the target, the project has already created a super zone in Jhapa in the current fiscal year. Likewise, other five zones have also been set up especially for paddy in Kanchanpur, Kapilbastu, Pyuthan, Bardiya and Sarlahi. The project has also established 24 blocks in various districts for paddy production. He further informed that the project will create another paddy zone in Siraha in the coming fiscal year 2017/2018 with a view to increase production.</p> <p>Nepal used to export paddy in the past but in the recent years Nepal has turned into importer. Currently, Nepal spends more than Rs 25 billion to import paddy and rice every year.</p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5880', 'image' => '20170629011931_paddy.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6095', 'article_category_id' => '1', 'title' => 'Hydropower Companies Awaiting for Approval to Issue IPOs ', 'sub_title' => '', 'summary' => ' Thirteen hydropower companies are going to issue their IPOs in the near future.', 'content' => '<p> June 29: Thirteen hydropower companies are going to issue their IPOs in the near future.</p> <p>Out of 19 companies which are awaiting the approval for issuance of IPOs and FPOs from SEBON, 13 applicants are from hydropower sector.</p> <p>Apart from banks and financial institutions (BFIs), applications from hydropower companies asking for approval to issue common shares for capital increment has also increased, claims Niranjaya Ghimire, deputy director of SEBON.</p> <p>The mandatory provision imposed by the government for hydropower projects to include 10 percent shareholders from among the locals of the affected area has made the sector more attractive for investors.</p> <p>The companies awaiting approval are Sanjen Jalavidhyut, Rasuwagadhi Hydropower, Ankhukhola Hydropower, Garjyang Upatyaka Hydropower Company, Joshi Hydropower Development, Subham Power, Panchakanya Mai Hydropower, Radhi Bidyut, Laughing Buddha Power, Unique Hydel, Panchakanya Jalabidyut, Nepal Hydro Developer and Nyadi Hydropower Ltd.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5879', 'image' => null, 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6094', 'article_category_id' => '1', 'title' => 'NRB and Bank of Korea to Prepare Macroeconomic Model for Nepal', 'sub_title' => '', 'summary' => 'Bank of Korea (BoK) has agreed to provide technical assistance to prepare a macroeconomic model for the economic projection of Nepal by the end of 2017.', 'content' => '<p>June 28: Bank of Korea (BoK) has agreed to provide technical assistance to prepare a macroeconomic model for the economic projection of Nepal by the end of 2017. According to Nepal Rastra Bank (NRB), researchers from Yonsai University of Korea will be engaged in the project.</p> <p>Director at the Office of the Governor of NRB, Dr Prakash Kumar Shrestha, and Jong Suk Won, deputy director general of International Relations Department of BoK signed the agreement to this effect on June 27.</p> <p>According to the agreement, BoK will assist the Central Bank of Nepal in economic research model, currency management, implementation of payment and clearance system, economic projection system, and reform in supervision and regulation system. NRB said that BoK has been helping the NRB by providing them technical assistance from time to time.</p> <p>In the programme, Nara Bahadur Thapa, executive director of Nepal Rastra Bank said that BoK and NRB will jointly study the topics including use of modern equipment in the banking sector. The group will include seven members from BoK and four members from NRB.</p> <p>Thapa shared that the group will also publish a book on the basis of the six-month study. He shared that though NRB has created a model related to economic projection, many areas of Nepal lack proper statistics.</p> <p>Jong Suk Won, the Deputy Director General of BOK said that he is delighted to study the dimension of Nepali economy and informed that his team will present a report to NRB after study.</p> <p>According to Thapa, Korea stands on the fourth position among the countries which have invested in Nepal.</p> <p>He said that Korea's investment has been increasing in Nepal and that with more Korean investment in Nepal, there is increase in the trade deficit of Nepal with it. </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5878', 'image' => null, 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6093', 'article_category_id' => '1', 'title' => 'Nepal Bank, TU sign MoU', 'sub_title' => '', 'summary' => ' Nepal Bank Ltd and Tribhuvan University (TU) have signed a Memorandum of Understanding for the mutual benefit of both institutions.', 'content' => '<p>June 28: Nepal Bank Ltd and Tribhuvan University (TU) have signed a Memorandum of Understanding for the mutual benefit of both institutions. Devendra Pratap Shah, CEO of Nepal Bank and Dilliram Upreti, registrar of Tribhuvan University, signed the paper amid a function held in Kathmandu on June 27.</p> <p>According to the MoU, every pensioner of the university can get pension through the bank by opening a special saving account in the bank. The bank has also agreed to provide around Rs 150 million as overdraft without charging interest to the university for a maximum of 15 working days to pay the pension amount. </p> <p>The bank will also provide fifty percent discount on the charges for draft, TT, ABBS and web remit to the university.</p> <p>Also, the counter service for the payment of examination fees will be made available to the students of the university at Balaju Industrial Area, Bhaktapur, Kalimati and Chabahil branches of the bank. </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-30', 'keywords' => '', 'description' => '', 'sortorder' => '5877', 'image' => null, 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6092', 'article_category_id' => '1', 'title' => 'Laxmi Bank to Provide 38% Bonus Shares', 'sub_title' => '', 'summary' => 'Laxmi Bank will be giving 38 percent bonus shares to its shareholders. ', 'content' => '<p>June 28: Laxmi Bank will be giving 38 percent bonus shares to its shareholders. The proposal regarding the bonus share was approved at the 16<sup>th</sup> Annual General Meeting of the bank held on June 27.</p> <p>The meeting chaired by Sambhu Prasad Acharya, chairman of the bank, also approved the report of the board of directors and its financial report.</p> <p>Currently, the bank is providing financial services through its 68 branches all over the country. The bank has also established two subsidiary companies named 'Laxmi Capital Market' and 'Laxmi Laghubitta Bittiya Sanstha' to provide investment and banking services.</p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5876', 'image' => '20170628033200_68.jpg', 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6091', 'article_category_id' => '1', 'title' => 'Impact of Indian GST on Nepal', 'sub_title' => 'Transport cost to go up by 3 percent from July 1', 'summary' => 'The online edition of the British economic magazine ‘The Economist’ on June 24 has mentioned two achievements of Indian Prime Minister Narendra Modi – demonetization, and Goods and Service Tax (GST).', 'content' => '<p>June 28: The online edition of the British economic magazine ‘The Economist’ on June 24 has mentioned two achievements of Indian Prime Minister Narendra Modi – demonetization, and Goods and Service Tax (GST).</p> <p>The paper has analysed that the GST, which will be implemented from July 1, is comparable to the achievement that India made from demonetization. The direct effect of demonetization was felt in countries like Nepal and Bhutan that transact in Indian currency. They are now busy analyzing the possible effects of the GST.</p> <p>Earlier, different taxes imposed by the central and state governments of India had made the price of imported goods from India very high.</p> <p>With the implementation of the GST, there will be uniform rate in all products. It has also been analysed that the current effect of the GST will be positive. However, there is a negative side of the GST as well, and the first effect of it will be seen in the import of goods to Nepal.</p> <p>The GST will increase the transportation tax rate by three percent. Due to this, the transportation fare will rise by three percent, say industrialists and traders.</p> <p>Transportation tax which was 15 percent earlier has reached 18 percent. This is the reason for the increase in transportation fares while importing goods to Nepal.</p> <p>Likewise, the Nepali import transactions are done in Indian currency. The GST will not accept that kind of transaction as export and only those in USD is considered as export.</p> <p>Therefore, Nepal will not receive the GST facilities that other countries dealing in USD get.</p> <p>According to Pashupati Murarka, former president of the Federation of Nepalese Chamber of Commerce and Industries (FNCCI), the huge informal trade with India will now come through formal channel.</p> <p>Meanwhile, Rabi Shankar Sainju, spokesperson of the Ministry of Commerce (MoC) said they have written to the Indian government requesting waiver on service tax to give relief to the importers. “We are waiting for the reply,” he said.</p> <p> </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5875', 'image' => null, 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6090', 'article_category_id' => '1', 'title' => 'Indian tourists beat the summer heat in Pokhara', 'sub_title' => '', 'summary' => 'Tourist-hub Pokhara has seen a rise in the number of Indian tourists in recent days.', 'content' => '<p>June 28: Tourist-hub Pokhara has seen a rise in the number of Indian tourists in recent days. According to Western Region Hotel Association, Pokhara’s Chairman Bikal Tulachan, Indian tourists basically visit Pokhara to beat the summer heat and to spend their vacation.</p> <p>“Most of the Indian tourists come to Pokhara to get away from the excessive heat in India,” said Tulachan, adding, “The Indian tourists have increased in comparison to last year.”</p> <p>Among the Indian tourists, most of them are from the cities of the bordering states.</p> <p>The presence of Indian tourists in Pokhara was almost nil in the aftermath of the devastating earthquake of 2015 and during the blockade imposed by India. Tourism entrepreneurs are hopeful that the situation will become better as the inflow of Indian tourists has gradually increased since last year. Most of the tourists in Pokhara at present are Indians.</p> <p>Indian tourists account for around 40 percent occupancy of Pokhara-based hotels, according to Tulachan. The remaining tourists are Nepalis while the number of foreign tourists other than Indians is negligible.</p> <p>Before the earthquake, majority of tourists during this season used to be Chinese. But after the quake, Chinese tourists have hardly traveled to Pokhara.</p> <p>Avia Club’s Manager Rijan Rijal informed that most of the tourists at present are Indians. According to Rijal, around 70 percent of tourists who come for ultralight flights are Indians.</p> <p>Although the number of Indian tourists visiting pokhara has increased significantly, the overall situation is not satisfactory, says Hotel Landmark’s operator Om Pandey.</p> <p>“Half of the tourists are Indians. But we still need to do a lot to bring more tourists,” he said.</p> <p>Indian tourists are considered vital for the hospitality business of Pokhara. Even a small number of tourists from India, which shares border with Nepal, would significantly boost the tourism industry in Pokhara. Hotel entrepreneurs are active in increasing the number of Indian tourists, for which the Western Region Hotel Association has been launching a special campaign ‘Chaliye Pokhara’ for the last seven years.</p> <p>This campaign has helped to a great extent in bringing Indian tourists to Pokhara, says the association’s former chairman Biplav Poudel, who operates Hotel Barahi. Poudel believes that Indian tourists have not only helped tourism thrive in Pokhara but have helped in the overall tourism business across Nepal.</p> <p>Pokhara falls in the priority list of Indian tourists who live in the bordering cities of India as they can drive to Pokhara on their own. </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5874', 'image' => null, 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6089', 'article_category_id' => '1', 'title' => 'Ncell announces new offer', 'sub_title' => 'Attractive gifts everyday under ‘Sabailai Upahar Harek Din Lagataar’ offer', 'summary' => ' The customers will get attractive gifts including bonus talk time, data, bonus SMS every day under the scheme.', 'content' => '<p>June 28: Ncell has announced attractive gifts every day under ‘Sabailai Upahar Harek Din Lagataar’ offer. The customers will get attractive gifts including bonus talk time, data, bonus SMS every day under the scheme, according to a press statement issued by the telecom giant on Tuesday.</p> <p>After activating the offer, every customer will start receiving attractive gifts which could be anything from free data volume to bonus talk time to bonus SMS among others. The statement further says that the gift offer includes bonus data of 100 MB, 20 MB, 10 MB and 20 bonus SMS, bonus talk time of 15 minutes, 10 minutes day talk time and 15 minutes night talk time among others. Customer will get attractive gifts every day.</p> <p>“Providing good customer experience has always been the top priority of Ncell. We are confident the campaign will bring joy to our customers, enabling them to stay connected with their beloved for additional period every day,” said Milan Sharma, corporate communications expert of Ncell.</p> <p>All prepaid and post-paid customers of Ncell can take part in the campaign for free by dialing 17124 and following the instructions. Ncell customers can also activate this offer by dialing *17124# or by sending SMS after typing ‘A’ to 17124. The offer will be effective from June 28 (Wednesday).</p> <p>Subscribers are should use the bonuses within the same day by 12 pm midnight. After midnight, the customers will again receive the same gifts that will be valid till next midnight. The offer will remain in place for 30 days and once the customers activate the offer, it cannot be deactivated.The offers will be valid within the Ncell network .</p> <p> </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5873', 'image' => '20170628121319_Ncell-brand-logo.jpg', 'article_date' => '2017-06-28 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' => '6103', 'article_category_id' => '1', 'title' => '3rd National BSchools Rating Ranking Awards 2017', 'sub_title' => '', 'summary' => 'Who is going to be the BEST B-SCHOOL of this year?', 'content' => '<p><img alt="" class="img-responsive" src="/userfiles/images/bschool_full.jpg" /></p> ', 'published' => true, 'created' => '2017-06-30', 'modified' => '2017-06-30', 'keywords' => '', 'description' => '', 'sortorder' => '5887', 'image' => null, 'article_date' => '2017-06-30 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '1' ) ), (int) 1 => array( 'Article' => array( 'id' => '6102', 'article_category_id' => '1', 'title' => '14 Kms of Bagmati Corridor Road Completed', 'sub_title' => '', 'summary' => 'The High Powered Committee for Integrated Development of the Bagmati Civilisation has spent 56.68 percent amount of the allocated budget till mid-June. ', 'content' => '<p>June 29: The High Powered Committee for Integrated Development of the Bagmati Civilisation has spent 56.68 percent amount of the allocated budget till mid-June. Out of Rs 100.44 billion allocated to Bagmati Area Physical Infrastructure Development Project under the committee, Rs 56.94 billion has been spent to construct infrastructures including roads, drainage and river embankments. </p> <p>About 13.73 kilometres of another keenly-watched project under the committee, the Bagmati Corridor Road, has been completed so far. This project has been given special focus since a long time as it is considered vital in easing traffic congestion in Kathmandu and Lalitpur. The total length of the corridor is 17.61 kms.</p> <p>The Bagmati Corridor Road stretches from Gokarneshwar Temple to Balkhu en route Tilganga, Sinamangal, Minbhavan, Shankhamul and Thapathali.</p> <p>"Only 3.88 kms of the corridor road is yet to be constructed," says Jyoti Kumar Shrestha, director of the project. He said that there is no separate project as such for Bagmati corridor but the roads are being constructed under the Bagmati Area Physical Infrastructure Development Project.</p> <p>“We have divided the corridor into various sections and the construction is underway in most of the places,” he said.</p> <p> </p> <p>Out of 1,750 metres of the road section from Gokarneshwar to Guheswari, 1,250 metres has been completed. Similarly, the Tilganga-Sinamangal road section of the corridor has been completed as per the target. According to the project, 3,419 kilometres of the road which falls in the area has been completed. Also, 1,391 metres of Sinamangal-Minbhavan road section has also been completed.</p> <p>However, the construction of Minbhawan-Shankhamul road section of the corridor almost ready. The road section is 6,600 metres long while construction of 6,570 metres has already finished. 1100 metres of Shankamul-Thapathali road section has been completed as per the target. Meanwhile, only 150 metres of Thapathali-Balkhu road section has been completed so far.</p> <p>The agreement for construction of 2,500 metres Balkhu-Sundarighat road section was signed in 2013. However, no progress had been made in this section at all. The project has a target to complete 2,500 meters of the Bishnumati confluence-Shobha Bhagwati road section. The agreement for this road section was signed in 2014. </p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5886', 'image' => null, 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6101', 'article_category_id' => '1', 'title' => 'Slush Global Impact Accelerator Opens Application for Pitching Competition', 'sub_title' => '', 'summary' => 'Slush Global Impact Accelerator 2017 has opened applications for Nepali entrepreneurs to take part in a global event.', 'content' => '<p>June 29: Slush Global Impact Accelerator 2017, a program initiated in collaboration with the Ministry for Foreign Affairs of Finland, has opened applications for Nepali entrepreneurs to take part in a global competition. The entrepreneurs will be required to pitch their business ideas out of which 15 applicants will be shortlisted. The ideas need to be solution driven which supports Sustainable Development Goals. The purpose of the event is to create a leading global program that supports Nepali startups looking to solve some of the most pressing global challenges and contributing to the discussion on impact investing. </p> <p>The deadline for the application is July 31, 2017 followed by orientation for the entrepreneurs. The shortlisted participants will get to pitch their final ideas on August 17 where the finalists will be selected. The finalists will then get to pitch their ideas in the international bootcamp, Slush Global Impact Accelerator, in Helsinki, Finland in November.</p> <p>The enterprises that wish to apply need to be legally registered and have at least a working prototype along with having revenue plus funding less than 1 million euros.</p> <p>The event is being jointly organized by YoungInnovations, OULU University of Applied Sciences, Kathmandu University School of Management (KUSOM), King’s College and Idea Studio. This is the second Slush GIA to be held in Nepal. Last year, two finalists, Honeyguide App and ICT for Agriculture got a chance to pitch their business plans at the global arena in Finland. </p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5885', 'image' => '20170629031137_slush_GIA_eposter.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6100', 'article_category_id' => '1', 'title' => 'Himalayan Bank Installs CCTV Cameras in Maitidevi Temple Premises', 'sub_title' => '', 'summary' => 'Himalayan Bank Limited has installed eight CCTV cameras on the premises of Maitidevi Temple in Kathmandu. ', 'content' => '<p>June 29: Himalayan Bank Limited has installed eight CCTV cameras on the premises of Maitidevi Temple in Kathmandu today.</p> <p>The bank as part of its CSR initiative handed over eight sets of high quality cameras and recording equipments to the temple administration amid a function held on Thursday for the security of religious heritage, reads a press statement issued by the bank.</p> <p>The cameras can secure high resolution videos of all the activities round the clock around the temple premises for 18 days.</p> <p>While handing over the cameras to Maitidevi Area Management Committee’s member secretary Darshan Mahato, Himalayan Bank’s Chairman Manoj Bahadur Shrestha expressed his belief that the installation of cameras would help in curbing unwanted activities around the temple area.</p> <p>Director General of the Department of Archaeology, Bhes Narayan Dahal, was present during the function.</p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5884', 'image' => '20170629020051_20170628_153653.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6099', 'article_category_id' => '1', 'title' => 'NCELL Provides Scholarships to SEE Students', 'sub_title' => '', 'summary' => ' NCELL has granted partial scholarships to 48 Secondary Education Exam (SEE) students enrolled in bridge courses under its ‘Pahilo Sim’ campaign.', 'content' => '<p>June 29: NCELL has granted partial scholarships to 48 Secondary Education Exam (SEE) students enrolled in bridge courses under its ‘Pahilo Sim’ campaign.</p> <p>Under its first sim campaign, NCELL has provided partial scholarships of Rs 5,000 each to three top students from 16 different bridge course institutes.</p> <p>NCELL will continue to provide such scholarships to outstanding students in the future as well, it said in a statement.</p> <p>The students were selected for the scholarship based on their performance in internal exams conducted by the institutes.</p> <p>Under this campaign, which is valid till June 30, the SEE appeared students can buy prepaid sim card just for Rs 1 which includes My 5 service that provides unlimited talk time to 5 NCELL numbers for 30 days.</p> <p> </p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5883', 'image' => '20170629013444_Ncell-brand-logo.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6098', 'article_category_id' => '1', 'title' => 'ICFC Opens Branch in Trishuli', 'sub_title' => '', 'summary' => ' ICFC Finance has opened its branch in Trishuli of Nuwakot district.', 'content' => '<p>June 29: ICFC Finance has opened its branch in Trishuli of Nuwakot district. The finance company has upgraded its extension counter operating in Trishuli into the branch. Sunil Panta, CEO of the company, inaugurated the branch on June 28.</p> <p>The extension counter was converted into branch with an objective of improving the economic condition of Nuwakot district, said Panta.</p> <p>With the addition, the finance company has a total of 15 branches now. The finance company running on profit of Rs 180 million until mid-June in the current fiscal year, operates with a total of 12 ATM outlets. The finance company is also preparing to open another branch at Jyotinagar in Chitwan.</p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5882', 'image' => '20170629012816_logo.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6097', 'article_category_id' => '1', 'title' => 'Bancassurance Agreement between BoK and NLG', 'sub_title' => '', 'summary' => ' Bank of Kathmandu (Bok) has partnered with NLG Insurance Company to provide bancassurance (Bank Insurance) service to the customers.', 'content' => '<p>June 29: Bank of Kathmandu (Bok) has partnered with NLG Insurance Company to provide bancassurance (Bank Insurance) service to the customers.</p> <p>The bank and the insurance company signed an agreement to this regard amid a program held on June 28.</p> <p>According to the agreement, customers of the bank can subscribe to all non-life insurance-related services from any BoK branch throughout the country.</p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5881', 'image' => null, 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6096', 'article_category_id' => '1', 'title' => 'Nepal Yet to Meet the Demand of Paddy Production', 'sub_title' => '', 'summary' => 'The total annual production of paddy in Nepal amounts to Rs 150 billion. ', 'content' => '<p>June 29: The total annual production of paddy in Nepal amounts to Rs 150 billion. Therefore, the fluctuation in paddy production directly affects the Gross Domestic Product (GDP) of the country. Deputy Spokesperson of the Ministry of Agriculture Development, Shankar Sapkota, made such remarks during a function organized by Nepal Agriculture Journalists Association in the capital on Wednesday to mark the 14<sup>th</sup> National Paddy Day.</p> <p>Of late, the agriculture sector has been contributing 29.4 percent of the total GDP of the country. According to the ministry, paddy constitutes 20 percent of the total agricultural products of the country.</p> <p>Deputy Spokesperson Sapkota said that 5.4 million metric tons of paddy is estimated to be produced in the coming fiscal year.</p> <p>Paddy expert Krishna Devkota said that there has been a decrease in paddy production due to lack of proper irrigation and manure management among various other things.</p> <p>Out of the total 3 million hectares of arable land in Nepal, paddy production was done on 1.362 million hectares in the fiscal year 2015/2016, says Tilak Chaulagain, a project officer under the Prime Minister’s Modernization Project. </p> <p>During that period, 4.219 million metric tons of paddy was produced. According to Chaulagain, the amount of paddy produced in the country was less than the total demand of the country by 2 million metric tons. In the fiscal year 2015/16, the production of paddy was 3.15 metric tons per hectare. The country can be self reliant on paddy if the production is increased to 4.5 metric ton per hectare, says Chaulagain.</p> <p>The project has a target of making the country self reliant on major crops within the next three years. In order to meet the target, the project has already created a super zone in Jhapa in the current fiscal year. Likewise, other five zones have also been set up especially for paddy in Kanchanpur, Kapilbastu, Pyuthan, Bardiya and Sarlahi. The project has also established 24 blocks in various districts for paddy production. He further informed that the project will create another paddy zone in Siraha in the coming fiscal year 2017/2018 with a view to increase production.</p> <p>Nepal used to export paddy in the past but in the recent years Nepal has turned into importer. Currently, Nepal spends more than Rs 25 billion to import paddy and rice every year.</p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5880', 'image' => '20170629011931_paddy.jpg', 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6095', 'article_category_id' => '1', 'title' => 'Hydropower Companies Awaiting for Approval to Issue IPOs ', 'sub_title' => '', 'summary' => ' Thirteen hydropower companies are going to issue their IPOs in the near future.', 'content' => '<p> June 29: Thirteen hydropower companies are going to issue their IPOs in the near future.</p> <p>Out of 19 companies which are awaiting the approval for issuance of IPOs and FPOs from SEBON, 13 applicants are from hydropower sector.</p> <p>Apart from banks and financial institutions (BFIs), applications from hydropower companies asking for approval to issue common shares for capital increment has also increased, claims Niranjaya Ghimire, deputy director of SEBON.</p> <p>The mandatory provision imposed by the government for hydropower projects to include 10 percent shareholders from among the locals of the affected area has made the sector more attractive for investors.</p> <p>The companies awaiting approval are Sanjen Jalavidhyut, Rasuwagadhi Hydropower, Ankhukhola Hydropower, Garjyang Upatyaka Hydropower Company, Joshi Hydropower Development, Subham Power, Panchakanya Mai Hydropower, Radhi Bidyut, Laughing Buddha Power, Unique Hydel, Panchakanya Jalabidyut, Nepal Hydro Developer and Nyadi Hydropower Ltd.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-06-29', 'modified' => '2017-06-29', 'keywords' => '', 'description' => '', 'sortorder' => '5879', 'image' => null, 'article_date' => '2017-06-29 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6094', 'article_category_id' => '1', 'title' => 'NRB and Bank of Korea to Prepare Macroeconomic Model for Nepal', 'sub_title' => '', 'summary' => 'Bank of Korea (BoK) has agreed to provide technical assistance to prepare a macroeconomic model for the economic projection of Nepal by the end of 2017.', 'content' => '<p>June 28: Bank of Korea (BoK) has agreed to provide technical assistance to prepare a macroeconomic model for the economic projection of Nepal by the end of 2017. According to Nepal Rastra Bank (NRB), researchers from Yonsai University of Korea will be engaged in the project.</p> <p>Director at the Office of the Governor of NRB, Dr Prakash Kumar Shrestha, and Jong Suk Won, deputy director general of International Relations Department of BoK signed the agreement to this effect on June 27.</p> <p>According to the agreement, BoK will assist the Central Bank of Nepal in economic research model, currency management, implementation of payment and clearance system, economic projection system, and reform in supervision and regulation system. NRB said that BoK has been helping the NRB by providing them technical assistance from time to time.</p> <p>In the programme, Nara Bahadur Thapa, executive director of Nepal Rastra Bank said that BoK and NRB will jointly study the topics including use of modern equipment in the banking sector. The group will include seven members from BoK and four members from NRB.</p> <p>Thapa shared that the group will also publish a book on the basis of the six-month study. He shared that though NRB has created a model related to economic projection, many areas of Nepal lack proper statistics.</p> <p>Jong Suk Won, the Deputy Director General of BOK said that he is delighted to study the dimension of Nepali economy and informed that his team will present a report to NRB after study.</p> <p>According to Thapa, Korea stands on the fourth position among the countries which have invested in Nepal.</p> <p>He said that Korea's investment has been increasing in Nepal and that with more Korean investment in Nepal, there is increase in the trade deficit of Nepal with it. </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5878', 'image' => null, 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6093', 'article_category_id' => '1', 'title' => 'Nepal Bank, TU sign MoU', 'sub_title' => '', 'summary' => ' Nepal Bank Ltd and Tribhuvan University (TU) have signed a Memorandum of Understanding for the mutual benefit of both institutions.', 'content' => '<p>June 28: Nepal Bank Ltd and Tribhuvan University (TU) have signed a Memorandum of Understanding for the mutual benefit of both institutions. Devendra Pratap Shah, CEO of Nepal Bank and Dilliram Upreti, registrar of Tribhuvan University, signed the paper amid a function held in Kathmandu on June 27.</p> <p>According to the MoU, every pensioner of the university can get pension through the bank by opening a special saving account in the bank. The bank has also agreed to provide around Rs 150 million as overdraft without charging interest to the university for a maximum of 15 working days to pay the pension amount. </p> <p>The bank will also provide fifty percent discount on the charges for draft, TT, ABBS and web remit to the university.</p> <p>Also, the counter service for the payment of examination fees will be made available to the students of the university at Balaju Industrial Area, Bhaktapur, Kalimati and Chabahil branches of the bank. </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-30', 'keywords' => '', 'description' => '', 'sortorder' => '5877', 'image' => null, 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6092', 'article_category_id' => '1', 'title' => 'Laxmi Bank to Provide 38% Bonus Shares', 'sub_title' => '', 'summary' => 'Laxmi Bank will be giving 38 percent bonus shares to its shareholders. ', 'content' => '<p>June 28: Laxmi Bank will be giving 38 percent bonus shares to its shareholders. The proposal regarding the bonus share was approved at the 16<sup>th</sup> Annual General Meeting of the bank held on June 27.</p> <p>The meeting chaired by Sambhu Prasad Acharya, chairman of the bank, also approved the report of the board of directors and its financial report.</p> <p>Currently, the bank is providing financial services through its 68 branches all over the country. The bank has also established two subsidiary companies named 'Laxmi Capital Market' and 'Laxmi Laghubitta Bittiya Sanstha' to provide investment and banking services.</p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5876', 'image' => '20170628033200_68.jpg', 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6091', 'article_category_id' => '1', 'title' => 'Impact of Indian GST on Nepal', 'sub_title' => 'Transport cost to go up by 3 percent from July 1', 'summary' => 'The online edition of the British economic magazine ‘The Economist’ on June 24 has mentioned two achievements of Indian Prime Minister Narendra Modi – demonetization, and Goods and Service Tax (GST).', 'content' => '<p>June 28: The online edition of the British economic magazine ‘The Economist’ on June 24 has mentioned two achievements of Indian Prime Minister Narendra Modi – demonetization, and Goods and Service Tax (GST).</p> <p>The paper has analysed that the GST, which will be implemented from July 1, is comparable to the achievement that India made from demonetization. The direct effect of demonetization was felt in countries like Nepal and Bhutan that transact in Indian currency. They are now busy analyzing the possible effects of the GST.</p> <p>Earlier, different taxes imposed by the central and state governments of India had made the price of imported goods from India very high.</p> <p>With the implementation of the GST, there will be uniform rate in all products. It has also been analysed that the current effect of the GST will be positive. However, there is a negative side of the GST as well, and the first effect of it will be seen in the import of goods to Nepal.</p> <p>The GST will increase the transportation tax rate by three percent. Due to this, the transportation fare will rise by three percent, say industrialists and traders.</p> <p>Transportation tax which was 15 percent earlier has reached 18 percent. This is the reason for the increase in transportation fares while importing goods to Nepal.</p> <p>Likewise, the Nepali import transactions are done in Indian currency. The GST will not accept that kind of transaction as export and only those in USD is considered as export.</p> <p>Therefore, Nepal will not receive the GST facilities that other countries dealing in USD get.</p> <p>According to Pashupati Murarka, former president of the Federation of Nepalese Chamber of Commerce and Industries (FNCCI), the huge informal trade with India will now come through formal channel.</p> <p>Meanwhile, Rabi Shankar Sainju, spokesperson of the Ministry of Commerce (MoC) said they have written to the Indian government requesting waiver on service tax to give relief to the importers. “We are waiting for the reply,” he said.</p> <p> </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5875', 'image' => null, 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6090', 'article_category_id' => '1', 'title' => 'Indian tourists beat the summer heat in Pokhara', 'sub_title' => '', 'summary' => 'Tourist-hub Pokhara has seen a rise in the number of Indian tourists in recent days.', 'content' => '<p>June 28: Tourist-hub Pokhara has seen a rise in the number of Indian tourists in recent days. According to Western Region Hotel Association, Pokhara’s Chairman Bikal Tulachan, Indian tourists basically visit Pokhara to beat the summer heat and to spend their vacation.</p> <p>“Most of the Indian tourists come to Pokhara to get away from the excessive heat in India,” said Tulachan, adding, “The Indian tourists have increased in comparison to last year.”</p> <p>Among the Indian tourists, most of them are from the cities of the bordering states.</p> <p>The presence of Indian tourists in Pokhara was almost nil in the aftermath of the devastating earthquake of 2015 and during the blockade imposed by India. Tourism entrepreneurs are hopeful that the situation will become better as the inflow of Indian tourists has gradually increased since last year. Most of the tourists in Pokhara at present are Indians.</p> <p>Indian tourists account for around 40 percent occupancy of Pokhara-based hotels, according to Tulachan. The remaining tourists are Nepalis while the number of foreign tourists other than Indians is negligible.</p> <p>Before the earthquake, majority of tourists during this season used to be Chinese. But after the quake, Chinese tourists have hardly traveled to Pokhara.</p> <p>Avia Club’s Manager Rijan Rijal informed that most of the tourists at present are Indians. According to Rijal, around 70 percent of tourists who come for ultralight flights are Indians.</p> <p>Although the number of Indian tourists visiting pokhara has increased significantly, the overall situation is not satisfactory, says Hotel Landmark’s operator Om Pandey.</p> <p>“Half of the tourists are Indians. But we still need to do a lot to bring more tourists,” he said.</p> <p>Indian tourists are considered vital for the hospitality business of Pokhara. Even a small number of tourists from India, which shares border with Nepal, would significantly boost the tourism industry in Pokhara. Hotel entrepreneurs are active in increasing the number of Indian tourists, for which the Western Region Hotel Association has been launching a special campaign ‘Chaliye Pokhara’ for the last seven years.</p> <p>This campaign has helped to a great extent in bringing Indian tourists to Pokhara, says the association’s former chairman Biplav Poudel, who operates Hotel Barahi. Poudel believes that Indian tourists have not only helped tourism thrive in Pokhara but have helped in the overall tourism business across Nepal.</p> <p>Pokhara falls in the priority list of Indian tourists who live in the bordering cities of India as they can drive to Pokhara on their own. </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5874', 'image' => null, 'article_date' => '2017-06-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6089', 'article_category_id' => '1', 'title' => 'Ncell announces new offer', 'sub_title' => 'Attractive gifts everyday under ‘Sabailai Upahar Harek Din Lagataar’ offer', 'summary' => ' The customers will get attractive gifts including bonus talk time, data, bonus SMS every day under the scheme.', 'content' => '<p>June 28: Ncell has announced attractive gifts every day under ‘Sabailai Upahar Harek Din Lagataar’ offer. The customers will get attractive gifts including bonus talk time, data, bonus SMS every day under the scheme, according to a press statement issued by the telecom giant on Tuesday.</p> <p>After activating the offer, every customer will start receiving attractive gifts which could be anything from free data volume to bonus talk time to bonus SMS among others. The statement further says that the gift offer includes bonus data of 100 MB, 20 MB, 10 MB and 20 bonus SMS, bonus talk time of 15 minutes, 10 minutes day talk time and 15 minutes night talk time among others. Customer will get attractive gifts every day.</p> <p>“Providing good customer experience has always been the top priority of Ncell. We are confident the campaign will bring joy to our customers, enabling them to stay connected with their beloved for additional period every day,” said Milan Sharma, corporate communications expert of Ncell.</p> <p>All prepaid and post-paid customers of Ncell can take part in the campaign for free by dialing 17124 and following the instructions. Ncell customers can also activate this offer by dialing *17124# or by sending SMS after typing ‘A’ to 17124. The offer will be effective from June 28 (Wednesday).</p> <p>Subscribers are should use the bonuses within the same day by 12 pm midnight. After midnight, the customers will again receive the same gifts that will be valid till next midnight. The offer will remain in place for 30 days and once the customers activate the offer, it cannot be deactivated.The offers will be valid within the Ncell network .</p> <p> </p> ', 'published' => true, 'created' => '2017-06-28', 'modified' => '2017-06-28', 'keywords' => '', 'description' => '', 'sortorder' => '5873', 'image' => '20170628121319_Ncell-brand-logo.jpg', 'article_date' => '2017-06-28 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