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Code Context
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		'Article' => array(
			'id' => '5996',
			'article_category_id' => '1',
			'title' => 'KTM Rolls Out New Model Bikes',
			'sub_title' => '',
			'summary' => 'June 4: Hansraj Hulaschand, the authorized distributor of KTM bikes for Nepal has unveiled new models in the Nepali market. The company launched RC 390, RC200, 390 Duke, 250 Duke and 200 Duke organizing a program on June 2.',
			'content' => '<p style="text-align: justify;">June 4: Hansraj Hulaschand, the authorized distributor of KTM bikes for Nepal has unveiled new models in the Nepali market. The company launched RC 390, RC200, 390 Duke, 250 Duke and 200 Duke organizing a program on June 2.</p>

<p style="text-align: justify;">First launched in 2012, KTM bikes are the highest selling premium naked bikes in the domestic market, claimed the company.</p>

<p style="text-align: justify;">The RC category bikes of KTM are race-ready just like other KTM bikes, said the company. The RC 390 comes with premium features like slipper clutch and ABS. Similarly, RC 200 comes with high standard features including aluminum swing arm, trellis frame and upside down suspension.</p>

<p style="text-align: justify;">The company has quoted price of Rs 689,900 to RC390 and Rs 529,900 to RC200. Similarly, in the duke series, the company has priced 390 Duke Rs 699,900, 250 Duke Rs 534,900 and 200 Duke Rs 444,900. According to the company, the bikes are packed with all the features of best racing bikes.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-04',
			'modified' => '2017-06-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5781',
			'image' => '20170604125114_ktm.jpg',
			'article_date' => '2017-06-04 00:00:00',
			'homepage' => false,
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			'id' => '5995',
			'article_category_id' => '1',
			'title' => 'Everest and Best Remit in a Remit Pact',
			'sub_title' => '',
			'summary' => 'June 4: Everest Bank and Best Remit have finalized an agreement regarding remittance payment. With the agreement, money sent from Everest Remit could be received through Best Remit.',
			'content' => '<p style="text-align: justify;">June 4: Everest Bank and Best Remit have finalized an agreement regarding remittance payment. With the agreement, money sent from Everest Remit could be received through Best Remit.</p>

<p style="text-align: justify;">Presently, Everest Bank is providing remittance services through Everest Remit. The bank availed the services to Nepalis resided in UAE, Qatar, Bahrain, Oman, Malaysia, Britain, America, Japan and Korea.</p>

<p style="text-align: justify;">Earlier, the bank finalized similar agreement with Ezee Remit, Express Money Transfer, Moneygram, Western Union Money Transfer and Cash Express. Moreover, the bank also provides remittance services for the customers of Indoremit of Punjab National Bank.</p>

<p style="text-align: justify;">Currently, the bank is providing its services through its wide network of 60 branches, 6 extension counter, 25 revenue collection counters and 88 ATM outlets.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'created' => '2017-06-04',
			'modified' => '2017-06-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5780',
			'image' => '20170604113122_everest.jpg',
			'article_date' => '2017-06-04 00:00:00',
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			'id' => '5994',
			'article_category_id' => '1',
			'title' => 'NIC Asia Capital Announces Free Demat Services',
			'sub_title' => '',
			'summary' => 'June 4: NIC Asia Capital has announced free Demat account opening services to its customers. The company will not collect any charge for the operation of the Demat account in the first year, said the Capital in a press statement. According to the statement, customers can open the Demat account from any nationwide branches of NIC Asia Bank. ',
			'content' => '<p style="text-align:justify">June 4: NIC Asia Capital has announced free Demat account opening services to its customers. The company will not collect any charge for the operation of the Demat account in the first year, said the Capital in a press statement. According to the statement, customers can open the Demat account from any nationwide branches of NIC Asia Bank.&nbsp;</p>

<p style="text-align:justify">&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-04',
			'modified' => '2017-06-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5779',
			'image' => '20170604105645_nic asia capital.jpg',
			'article_date' => '2017-06-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 3 => array(
		'Article' => array(
			'id' => '5993',
			'article_category_id' => '1',
			'title' => 'Remit Pact between BOOM and ADB',
			'sub_title' => '',
			'summary' => 'June 4: Boom Remittance and Agricultural Development Bank has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance and Lila Prakash Sitaula, CEO of Agricultural Development Bank (ADB) signed the agreement on behalf of their respective organisations on June 2.',
			'content' => '<p style="text-align: justify;">June 4: Boom Remittance and Agricultural Development Bank has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance and Lila Prakash Sitaula, CEO of Agricultural Development Bank (ADB) signed the agreement on behalf of their respective organisations on June 2.</p>

<p style="text-align: justify;">According to the agreement, money send through BOOM Remittance could be received from all the branches of ADB.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-04',
			'modified' => '2017-06-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5778',
			'image' => '20170604105309_boom.jpg',
			'article_date' => '2017-06-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 4 => array(
		'Article' => array(
			'id' => '5992',
			'article_category_id' => '1',
			'title' => 'Ncell Starts 4G Service',
			'sub_title' => '',
			'summary' => 'June 2: The private sector telecommunication service providing company Ncell has started 4G service based on LTE technology from June 1. The company started high speed mobile broadband 4G service from Kathmandu.',
			'content' => '<p style="text-align: justify;">June 2: The private sector telecommunication service providing company Ncell has started 4G service based on LTE technology from June 1. The company started high speed mobile broadband 4G service from Kathmandu.</p>

<p style="text-align: justify;">Ncell customers from Kathmandu, Nagarkot, Banepa and Dhulikhel can use the service. The customers having 4G operating SIM and mobile can enjoy the service. The company started the service by receiving license of technology neutrality.</p>

<p style="text-align: justify;">Similarly, the customers can exchange their SIM cards with 4G operating SIM (U-SIM) for free. Meanwhile, new customers will get 4G activated SIM cards.</p>

<p style="text-align: justify;">Simon Parkins, Managing Director of Ncell expressed his excitement &nbsp;from the positive impact of reaching to people and country through technology neutrality.</p>

<p style="text-align: justify;">&ldquo;This step has made us move in the journey of building digital Nepal,&rdquo; he said, adding, &ldquo;We are committed to contributing to get the digital mission of Nepal by correctly utilizing technology neutrality.&rdquo;</p>

<p style="text-align: justify;">The company that got technology neutrality license from Nepal Telecommunications Authority (NTA) a month ago is targeting to reach 4G service in 15 percent of the total population in the upcoming seven months.</p>

<p style="text-align: justify;">Likewise, the company is testing the network with an aim to operate 4G service in 40 cities of the country. On the occasion of 4G operation, the company is offering one GB data for free for three days.&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5777',
			'image' => '20170602045453_ncell.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '5991',
			'article_category_id' => '1',
			'title' => 'Construction of the Outer Ring Road to Take Pace',
			'sub_title' => '',
			'summary' => 'June 2: The Outer Ring Road Project which was only limited to paperwork for the past 13 years is finally going to start soon.',
			'content' => '<p style="text-align: justify;">June 2:<strong>&nbsp;</strong>The Outer Ring Road Project which was only limited to paperwork for the past 13 years is finally going to start soon.</p>

<p style="text-align: justify;">With the publication of the detailed project report of the project (DPR) in Nepal Gazette, the construction of the first phase 6.6 km of the outer ring road from Satungal to Chovar is going to be started soon.</p>

<p style="text-align: justify;">Minister for Urban Development Arjun Narsingh KC has already given permission for the construction process of Chovar-Satungal portion out of the total 71.93 km of the outer ring road, on April 26 this year.</p>

<p style="text-align: justify;">The construction of the outer ring road started formally with the publication of notice in the Nepal Gazette on May 29 after a month of approval by the Ministry. It is considered as good news as the project aims to manage the urbanization and connect Kathmandu through a single road network.</p>

<p style="text-align: justify;">According to Dhruba Sapkota, Officer of the Outer Ring Road Project, the land acquisition of Chovar-Satungal portion will be started from this week. &ldquo;As per the Land Acquisition Act, the land acquisition will be started for the construction of the outer ring road,&rdquo; he said, adding , &ldquo;Cities will be developed through land integration.&rdquo;</p>

<p style="text-align: justify;">Similarly, according to Ministry of Urban Development, 13 cities have been developed under the land integration project. He informed that Rs 30 million had been allocated to open track in FY 2016/17.</p>

<p style="text-align: justify;">The total investment of the project is assumed to be Rs six billion. Sapkota said that the project has received a budget of Rs 700 million in upcoming FY 2017/18. &ldquo;The DPR of remaining 68 km will be approved next year.&rdquo;</p>

<p style="text-align: justify;">The project will be compensating only for the houses constructed in the project area.</p>

<p style="text-align: justify;">On the first phase of the construction from Chovar-Satungal, the road project covers 8,000 ropanies of land belonging to 14 thousand land owners.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5776',
			'image' => '20170602045349_outer ringraod.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
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	(int) 6 => array(
		'Article' => array(
			'id' => '5990',
			'article_category_id' => '1',
			'title' => 'Private Sector Dissatisfied With the Budget',
			'sub_title' => '',
			'summary' => 'June 2:  The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has expressed its dissatisfaction over the budget for the upcoming fiscal year 2017-18.',
			'content' => '<p style="text-align: justify;">June 2: &nbsp;The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has expressed its dissatisfaction over the budget for the upcoming fiscal year 2017-18.</p>

<p style="text-align: justify;">The private sector shared that though it had been providing suggestions to the government through the Revenue Advisory Committee, the government has not taken any issues seriously.</p>

<p style="text-align: justify;">FNCCI expressed its dissatisfaction saying that the government is taking suggestions from the private sector just for the sake of formality due to which Nepal will never become a country with investment-friendly environment.</p>

<p style="text-align: justify;">Shekhar Golchha, Senior Vice-President of FNCCI expressed the view that the programmes in the budget do not promote the productive sectors and do not address the declining exports. &quot;The budget could not show any basis for encouraging the investors to invest in the country,&quot; Golchha said.</p>

<p style="text-align: justify;">However, the FNCCI has judged that the budget is not limited to becoming an average.&nbsp;&nbsp; Bhawani Rana, President of FNCCI said that the budget is more administrative in nature. &quot;As a whole, the budget could not encourage us to make investments,&quot; she said.&nbsp;</p>

<p style="text-align: justify;">In the past, the programmes in the budget were not implemented even at the end of the fiscal year. In the budget speech of the upcoming FY, this issue is considered as the main challenge in budget implementation. In the previous fiscal years, the government could not spend the allocated capital expenditure.</p>

<p style="text-align: justify;">The Nepal Chamber of Commerce (NCC) has said that the budget promotes self-employment and employment opportunity which is a good step by the government. &quot;However, the issues of revenue in the budget might create problem in taxation,&quot; said Kamlesh Kumar Agrawal, General Secretary of NCC. He said the suggestions NCC sent to the government to address the issue of paying tax, which is regarded complicated, was ignored in the budget.</p>

<p style="text-align: justify;">Similarly, the Nepal Foreign trade Association expressed the view that the decision of the government to give grants for export and make standard lab is appreciable. However, the government has set a target to collect Rs 200 billion additional revenue as compared to the last year without increasing any economic activities, which is one of the weaknesses in the budget,&quot; said Shiva Kumar Agrawal, General Secretary of the Association.</p>

<p style="text-align: justify;">Likewise, the Federation of Nepalese Cottage and Small Industries (FNCSI) welcomed the budget by organising a press meet in the capital on May 31.</p>

<p style="text-align: justify;">Shyam Giri, President of the Federation said the budget allocated for the projects of national priority is welcome, but expressed doubt on the implementation of the budget in local level.</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5775',
			'image' => null,
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '5989',
			'article_category_id' => '1',
			'title' => 'Long Road Ahead for Life Insurance Companies to meet Minimum Capital Requirement',
			'sub_title' => '',
			'summary' => 'June 2: Life Insurance Companies have raised 31 percent paid-up capital in the current FY compared to the last FY following the raise in minimum paid-up capital requirement of Rs 2 billion by the Insurance Board (IB). By the third quarter of the current FY, the combined paid-up capital of eight life insurance companies has in',
			'content' => '<p style="text-align:justify">June 2: Life Insurance Companies have raised 31 percent paid-up capital in the current FY compared to the last FY following the raise in minimum paid-up capital requirement of Rs 2 billion by the Insurance Board (IB). By the third quarter of the current FY, the combined paid-up capital of eight life insurance companies has increased to Rs 7.96 billion. Out of the eight companies, while five companies have increased their paid-up capital, three companies have shown zero increase. The companies whose paid-up capital stands still are National Life, Prime Life and Rastriya Beema Sansthan.</p>

<p style="text-align:justify">According to Prime Life, it failed to increase the paid-up capital due to postponing of its general meeting since the last four year. Prime Life has not conducted annual general meeting since 2013. The company is planning to move ahead with a capital increment strategic plan by organising annual general meeting, said the company.</p>

<p style="text-align:justify">Similarly, Rastriya Beema Sansthan is also going through the same circumstances as Prime Life Insurance. As the company has not been able to conduct regular AGMs, it has not been able to increase its capital.</p>

<p style="text-align:justify">&nbsp;However, in order to increase paid-up capital, National Life Insurance is set to provide 25 percent bonus share to its shareholders. The company is also offering 75 percent right shares to its existing shareholders to meet the minimum paid-up capital requirement.</p>

<p style="text-align:justify">Meanwhile, among the companies that have increased the paid-up capital, Nepal Life Insurance has increased the maximum paid-up capital by 78.75 percent. Nepal Life has Rs 3.09 billion paid-up capital surpassing the minimum requirement. The company achieved the cap of paid-up capital before the IB made the announcement. Similarly, the paid-up capital of Life Insurance Corporation and Surya Life Insurance has increased by 25 percent. Likewise, Asian Life has increased its paid-up capital by 20 percent and Gurans Life Insurance has increased its paid-up capital by 10 percent.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5774',
			'image' => '20170602012248_ib.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 8 => array(
		'Article' => array(
			'id' => '5988',
			'article_category_id' => '1',
			'title' => 'Mundul Resigns from SCBN',
			'sub_title' => '',
			'summary' => 'June 2: Sujit Mundul, Director of Standard Chartered Bank Nepal (SCBN) has resigned from his post. Mundul who served the bank as chief executive officer (CEO) from 2003 to 2011 was continuing his association with the bank as a director. ',
			'content' => '<p style="text-align: justify;">June 2: Sujit Mundul, Director of Standard Chartered Bank Nepal (SCBN) has resigned from his post. Mundul who served the bank as chief executive officer (CEO) from 2003 to 2011 was continuing his association with the bank as a director.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5773',
			'image' => '20170602114251_mundul.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5987',
			'article_category_id' => '1',
			'title' => 'Yeti Devt Bank Conducts Financial Literacy Program',
			'sub_title' => '',
			'summary' => 'June 2: Yeti Development Bank has conducted financial literacy program in various locations of the valley. The bank with a slogan ‘Jodaun Ek Nata, Kholi Bankma Khata’ organized the program in Khowpa College, Bhaktapur and Manamaiju Secondary School, Kathmandu on May 30 and 31. In the program, information on banking and importance of saving, ASBA system, use of ATM card, benefits of mobile banking and online banking and techniques of identifying fake notes were provided.',
			'content' => '<p style="text-align: justify;">June 2: Yeti Development Bank has conducted financial literacy program in various locations of the valley. The bank with a slogan &lsquo;Jodaun Ek Nata, Kholi Bankma Khata&rsquo; organized the program in Khowpa College, Bhaktapur and Manamaiju Secondary School, Kathmandu on May 30 and 31. In the program, information on banking and importance of saving, ASBA system, use of ATM card, benefits of mobile banking and online banking and techniques of identifying fake notes were provided. &nbsp;&nbsp;</p>

<p style="text-align: justify;">During the program in Manamaiju Secondary School, the bank also distributed educational materials to students and sport materials to the school. &ldquo;Yeti Development Bank will continue such programs prioritizing various schools, colleges, rural women groups and youths with low educational accessibility under its corporate social responsibility,&rdquo; said the bank in a press statement.</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5772',
			'image' => '20170602113056_yeti.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '5986',
			'article_category_id' => '1',
			'title' => 'Global IME’s ATM outlet in Lumbini',
			'sub_title' => '',
			'summary' => 'June 2: Global IME Bank has started an ATM outlet in Lumbini, the birthplace of Lord Gautam Buddha. The bank started the outlet nearly the main entrance gate of Lumbini Development Project aiming to serve local customers and tourists who come to visit Lumbini. With the addition, the number of ATM outlets of the bank has reached 109. Presently, the bank is providing its services through 95 branches, six entension counters, 10 revenue collection counters and 46 branchless banking services.',
			'content' => '<p style="text-align: justify;">June 2: Global IME Bank has started an ATM outlet in Lumbini, the birthplace of Lord Gautam Buddha. The bank started the outlet nearly the main entrance gate of Lumbini Development Project aiming to serve local customers and tourists who come to visit Lumbini. With the addition, the number of ATM outlets of the bank has reached 109. Presently, the bank is providing its services through 95 branches, six entension counters, 10 revenue collection counters and 46 branchless banking services.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5771',
			'image' => '20170602111033_global ime.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 11 => array(
		'Article' => array(
			'id' => '5985',
			'article_category_id' => '1',
			'title' => 'Guheshwori Merchant Banking Appoints NIBL Capital as Issue Manager',
			'sub_title' => '',
			'summary' => 'June 2: Guheshwori Merchant Banking and Finance has appointed NIBL Capital Market as its issue manager. As per the Finance Company, it appointed the issue manager to manage its 1973,928.77 units of right shares. Both institutions signed a memorandum of understanding (MoU) regarding the matter as per the provision of Company Act 2063 section 32 (2), said the company in a press statement. ',
			'content' => '<p style="text-align: justify;">June 2: Guheshwori Merchant Banking and Finance has appointed NIBL Capital Market as its issue manager. As per the Finance Company, it appointed the issue manager to manage its 1973,928.77 units of right shares. Both institutions signed a memorandum of understanding (MoU) regarding the matter as per the provision of Company Act 2063 section 32 (2), said the company in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5770',
			'image' => '20170602105753_guheshwori.jpg',
			'article_date' => '2017-06-02 00:00:00',
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			'id' => '5984',
			'article_category_id' => '1',
			'title' => 'Qatar Airways Offers Iftar Boxes on Ramadan',
			'sub_title' => '',
			'summary' => 'June 1: Qatar Airways has offered an Iftar meal box “infused with a traditional Middle Eastern twist” to the passengers who fast during the holy month of Ramadan.',
			'content' => '<p style="text-align: justify;">June 1: Qatar Airways has offered an Iftar meal box &ldquo;infused with a traditional Middle Eastern twist&rdquo; to the passengers who fast during the holy month of Ramadan.</p>

<p style="text-align: justify;">The airline&rsquo;s Iftar boxes feature a &ldquo;creatively-designed&rdquo; Ramadan Kareem logo extending best wishes to all passengers during the holy month, said the company in a press statement.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5769',
			'image' => '20170601022056_qatar.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 13 => array(
		'Article' => array(
			'id' => '5983',
			'article_category_id' => '1',
			'title' => 'Classic Tech Solid Offer',
			'sub_title' => '',
			'summary' => 'June 1: Classic Tech with its network in 72 districts has announced a solid offer. The company announced a new offer in a bid to provide superior internet services at affordable price to the customers, said the company in a press statement.',
			'content' => '<p style="text-align: justify;">June 1: Classic Tech with its network in 72 districts has announced a solid offer. The company announced a new offer in a bid to provide superior internet services at affordable price to the customers, said the company in a press statement.</p>

<p style="text-align: justify;">Under the offer, upon installation of new internet, the annual customers will be provided 3Mbps data at Rs 1099 per month, 6Mbps data at Rs 1299 per month and 12Mbps unlimited at Rs 1699 per month.</p>

<p style="text-align: justify;">Moreover, the customers will be provided free WiFi router and installation, reads the statement.</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5768',
			'image' => '20170601021326_classic tech.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 14 => array(
		'Article' => array(
			'id' => '5982',
			'article_category_id' => '1',
			'title' => 'Mahindra KUV 100 in Nepali Market',
			'sub_title' => '',
			'summary' => 'June 1: Agni Incorporated, the authorized distributor of Mahindra vehicle for Nepal has rolled out Mahindra KUV 100 compact SUV in the Nepali market.',
			'content' => '<p style="text-align: justify;">June 1: Agni Incorporated, the authorized distributor of Mahindra vehicle for Nepal has rolled out Mahindra KUV 100 compact SUV in the Nepali market.</p>

<p style="text-align: justify;">&ldquo;The new KUV 100 comes with attractive SUV style. With a new premium and extra front space, the vehicle will be popular in the Nepali market,&rdquo; claimed the company.</p>

<p style="text-align: justify;">Moreover, the company believes that the superior design, comfortable, easy handling and a compact SUV at the price of a hatchback will surely gives a customer a satisfying feeling.</p>

<p style="text-align: justify;">The new KUV 100 is available in pearl white, aquamarine, dazzling silver, flamboyant red, ferry orange and designer grey, said the company.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5767',
			'image' => '20170601015922_mahindra.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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)
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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

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5996',
			'article_category_id' => '1',
			'title' => 'KTM Rolls Out New Model Bikes',
			'sub_title' => '',
			'summary' => 'June 4: Hansraj Hulaschand, the authorized distributor of KTM bikes for Nepal has unveiled new models in the Nepali market. The company launched RC 390, RC200, 390 Duke, 250 Duke and 200 Duke organizing a program on June 2.',
			'content' => '<p style="text-align: justify;">June 4: Hansraj Hulaschand, the authorized distributor of KTM bikes for Nepal has unveiled new models in the Nepali market. The company launched RC 390, RC200, 390 Duke, 250 Duke and 200 Duke organizing a program on June 2.</p>

<p style="text-align: justify;">First launched in 2012, KTM bikes are the highest selling premium naked bikes in the domestic market, claimed the company.</p>

<p style="text-align: justify;">The RC category bikes of KTM are race-ready just like other KTM bikes, said the company. The RC 390 comes with premium features like slipper clutch and ABS. Similarly, RC 200 comes with high standard features including aluminum swing arm, trellis frame and upside down suspension.</p>

<p style="text-align: justify;">The company has quoted price of Rs 689,900 to RC390 and Rs 529,900 to RC200. Similarly, in the duke series, the company has priced 390 Duke Rs 699,900, 250 Duke Rs 534,900 and 200 Duke Rs 444,900. According to the company, the bikes are packed with all the features of best racing bikes.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-04',
			'modified' => '2017-06-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5781',
			'image' => '20170604125114_ktm.jpg',
			'article_date' => '2017-06-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '5995',
			'article_category_id' => '1',
			'title' => 'Everest and Best Remit in a Remit Pact',
			'sub_title' => '',
			'summary' => 'June 4: Everest Bank and Best Remit have finalized an agreement regarding remittance payment. With the agreement, money sent from Everest Remit could be received through Best Remit.',
			'content' => '<p style="text-align: justify;">June 4: Everest Bank and Best Remit have finalized an agreement regarding remittance payment. With the agreement, money sent from Everest Remit could be received through Best Remit.</p>

<p style="text-align: justify;">Presently, Everest Bank is providing remittance services through Everest Remit. The bank availed the services to Nepalis resided in UAE, Qatar, Bahrain, Oman, Malaysia, Britain, America, Japan and Korea.</p>

<p style="text-align: justify;">Earlier, the bank finalized similar agreement with Ezee Remit, Express Money Transfer, Moneygram, Western Union Money Transfer and Cash Express. Moreover, the bank also provides remittance services for the customers of Indoremit of Punjab National Bank.</p>

<p style="text-align: justify;">Currently, the bank is providing its services through its wide network of 60 branches, 6 extension counter, 25 revenue collection counters and 88 ATM outlets.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-04',
			'modified' => '2017-06-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5780',
			'image' => '20170604113122_everest.jpg',
			'article_date' => '2017-06-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 2 => array(
		'Article' => array(
			'id' => '5994',
			'article_category_id' => '1',
			'title' => 'NIC Asia Capital Announces Free Demat Services',
			'sub_title' => '',
			'summary' => 'June 4: NIC Asia Capital has announced free Demat account opening services to its customers. The company will not collect any charge for the operation of the Demat account in the first year, said the Capital in a press statement. According to the statement, customers can open the Demat account from any nationwide branches of NIC Asia Bank. ',
			'content' => '<p style="text-align:justify">June 4: NIC Asia Capital has announced free Demat account opening services to its customers. The company will not collect any charge for the operation of the Demat account in the first year, said the Capital in a press statement. According to the statement, customers can open the Demat account from any nationwide branches of NIC Asia Bank.&nbsp;</p>

<p style="text-align:justify">&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-04',
			'modified' => '2017-06-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5779',
			'image' => '20170604105645_nic asia capital.jpg',
			'article_date' => '2017-06-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 3 => array(
		'Article' => array(
			'id' => '5993',
			'article_category_id' => '1',
			'title' => 'Remit Pact between BOOM and ADB',
			'sub_title' => '',
			'summary' => 'June 4: Boom Remittance and Agricultural Development Bank has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance and Lila Prakash Sitaula, CEO of Agricultural Development Bank (ADB) signed the agreement on behalf of their respective organisations on June 2.',
			'content' => '<p style="text-align: justify;">June 4: Boom Remittance and Agricultural Development Bank has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance and Lila Prakash Sitaula, CEO of Agricultural Development Bank (ADB) signed the agreement on behalf of their respective organisations on June 2.</p>

<p style="text-align: justify;">According to the agreement, money send through BOOM Remittance could be received from all the branches of ADB.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-04',
			'modified' => '2017-06-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5778',
			'image' => '20170604105309_boom.jpg',
			'article_date' => '2017-06-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 4 => array(
		'Article' => array(
			'id' => '5992',
			'article_category_id' => '1',
			'title' => 'Ncell Starts 4G Service',
			'sub_title' => '',
			'summary' => 'June 2: The private sector telecommunication service providing company Ncell has started 4G service based on LTE technology from June 1. The company started high speed mobile broadband 4G service from Kathmandu.',
			'content' => '<p style="text-align: justify;">June 2: The private sector telecommunication service providing company Ncell has started 4G service based on LTE technology from June 1. The company started high speed mobile broadband 4G service from Kathmandu.</p>

<p style="text-align: justify;">Ncell customers from Kathmandu, Nagarkot, Banepa and Dhulikhel can use the service. The customers having 4G operating SIM and mobile can enjoy the service. The company started the service by receiving license of technology neutrality.</p>

<p style="text-align: justify;">Similarly, the customers can exchange their SIM cards with 4G operating SIM (U-SIM) for free. Meanwhile, new customers will get 4G activated SIM cards.</p>

<p style="text-align: justify;">Simon Parkins, Managing Director of Ncell expressed his excitement &nbsp;from the positive impact of reaching to people and country through technology neutrality.</p>

<p style="text-align: justify;">&ldquo;This step has made us move in the journey of building digital Nepal,&rdquo; he said, adding, &ldquo;We are committed to contributing to get the digital mission of Nepal by correctly utilizing technology neutrality.&rdquo;</p>

<p style="text-align: justify;">The company that got technology neutrality license from Nepal Telecommunications Authority (NTA) a month ago is targeting to reach 4G service in 15 percent of the total population in the upcoming seven months.</p>

<p style="text-align: justify;">Likewise, the company is testing the network with an aim to operate 4G service in 40 cities of the country. On the occasion of 4G operation, the company is offering one GB data for free for three days.&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5777',
			'image' => '20170602045453_ncell.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '5991',
			'article_category_id' => '1',
			'title' => 'Construction of the Outer Ring Road to Take Pace',
			'sub_title' => '',
			'summary' => 'June 2: The Outer Ring Road Project which was only limited to paperwork for the past 13 years is finally going to start soon.',
			'content' => '<p style="text-align: justify;">June 2:<strong>&nbsp;</strong>The Outer Ring Road Project which was only limited to paperwork for the past 13 years is finally going to start soon.</p>

<p style="text-align: justify;">With the publication of the detailed project report of the project (DPR) in Nepal Gazette, the construction of the first phase 6.6 km of the outer ring road from Satungal to Chovar is going to be started soon.</p>

<p style="text-align: justify;">Minister for Urban Development Arjun Narsingh KC has already given permission for the construction process of Chovar-Satungal portion out of the total 71.93 km of the outer ring road, on April 26 this year.</p>

<p style="text-align: justify;">The construction of the outer ring road started formally with the publication of notice in the Nepal Gazette on May 29 after a month of approval by the Ministry. It is considered as good news as the project aims to manage the urbanization and connect Kathmandu through a single road network.</p>

<p style="text-align: justify;">According to Dhruba Sapkota, Officer of the Outer Ring Road Project, the land acquisition of Chovar-Satungal portion will be started from this week. &ldquo;As per the Land Acquisition Act, the land acquisition will be started for the construction of the outer ring road,&rdquo; he said, adding , &ldquo;Cities will be developed through land integration.&rdquo;</p>

<p style="text-align: justify;">Similarly, according to Ministry of Urban Development, 13 cities have been developed under the land integration project. He informed that Rs 30 million had been allocated to open track in FY 2016/17.</p>

<p style="text-align: justify;">The total investment of the project is assumed to be Rs six billion. Sapkota said that the project has received a budget of Rs 700 million in upcoming FY 2017/18. &ldquo;The DPR of remaining 68 km will be approved next year.&rdquo;</p>

<p style="text-align: justify;">The project will be compensating only for the houses constructed in the project area.</p>

<p style="text-align: justify;">On the first phase of the construction from Chovar-Satungal, the road project covers 8,000 ropanies of land belonging to 14 thousand land owners.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5776',
			'image' => '20170602045349_outer ringraod.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
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	(int) 6 => array(
		'Article' => array(
			'id' => '5990',
			'article_category_id' => '1',
			'title' => 'Private Sector Dissatisfied With the Budget',
			'sub_title' => '',
			'summary' => 'June 2:  The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has expressed its dissatisfaction over the budget for the upcoming fiscal year 2017-18.',
			'content' => '<p style="text-align: justify;">June 2: &nbsp;The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has expressed its dissatisfaction over the budget for the upcoming fiscal year 2017-18.</p>

<p style="text-align: justify;">The private sector shared that though it had been providing suggestions to the government through the Revenue Advisory Committee, the government has not taken any issues seriously.</p>

<p style="text-align: justify;">FNCCI expressed its dissatisfaction saying that the government is taking suggestions from the private sector just for the sake of formality due to which Nepal will never become a country with investment-friendly environment.</p>

<p style="text-align: justify;">Shekhar Golchha, Senior Vice-President of FNCCI expressed the view that the programmes in the budget do not promote the productive sectors and do not address the declining exports. &quot;The budget could not show any basis for encouraging the investors to invest in the country,&quot; Golchha said.</p>

<p style="text-align: justify;">However, the FNCCI has judged that the budget is not limited to becoming an average.&nbsp;&nbsp; Bhawani Rana, President of FNCCI said that the budget is more administrative in nature. &quot;As a whole, the budget could not encourage us to make investments,&quot; she said.&nbsp;</p>

<p style="text-align: justify;">In the past, the programmes in the budget were not implemented even at the end of the fiscal year. In the budget speech of the upcoming FY, this issue is considered as the main challenge in budget implementation. In the previous fiscal years, the government could not spend the allocated capital expenditure.</p>

<p style="text-align: justify;">The Nepal Chamber of Commerce (NCC) has said that the budget promotes self-employment and employment opportunity which is a good step by the government. &quot;However, the issues of revenue in the budget might create problem in taxation,&quot; said Kamlesh Kumar Agrawal, General Secretary of NCC. He said the suggestions NCC sent to the government to address the issue of paying tax, which is regarded complicated, was ignored in the budget.</p>

<p style="text-align: justify;">Similarly, the Nepal Foreign trade Association expressed the view that the decision of the government to give grants for export and make standard lab is appreciable. However, the government has set a target to collect Rs 200 billion additional revenue as compared to the last year without increasing any economic activities, which is one of the weaknesses in the budget,&quot; said Shiva Kumar Agrawal, General Secretary of the Association.</p>

<p style="text-align: justify;">Likewise, the Federation of Nepalese Cottage and Small Industries (FNCSI) welcomed the budget by organising a press meet in the capital on May 31.</p>

<p style="text-align: justify;">Shyam Giri, President of the Federation said the budget allocated for the projects of national priority is welcome, but expressed doubt on the implementation of the budget in local level.</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5775',
			'image' => null,
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
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			'main_news' => true,
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	(int) 7 => array(
		'Article' => array(
			'id' => '5989',
			'article_category_id' => '1',
			'title' => 'Long Road Ahead for Life Insurance Companies to meet Minimum Capital Requirement',
			'sub_title' => '',
			'summary' => 'June 2: Life Insurance Companies have raised 31 percent paid-up capital in the current FY compared to the last FY following the raise in minimum paid-up capital requirement of Rs 2 billion by the Insurance Board (IB). By the third quarter of the current FY, the combined paid-up capital of eight life insurance companies has in',
			'content' => '<p style="text-align:justify">June 2: Life Insurance Companies have raised 31 percent paid-up capital in the current FY compared to the last FY following the raise in minimum paid-up capital requirement of Rs 2 billion by the Insurance Board (IB). By the third quarter of the current FY, the combined paid-up capital of eight life insurance companies has increased to Rs 7.96 billion. Out of the eight companies, while five companies have increased their paid-up capital, three companies have shown zero increase. The companies whose paid-up capital stands still are National Life, Prime Life and Rastriya Beema Sansthan.</p>

<p style="text-align:justify">According to Prime Life, it failed to increase the paid-up capital due to postponing of its general meeting since the last four year. Prime Life has not conducted annual general meeting since 2013. The company is planning to move ahead with a capital increment strategic plan by organising annual general meeting, said the company.</p>

<p style="text-align:justify">Similarly, Rastriya Beema Sansthan is also going through the same circumstances as Prime Life Insurance. As the company has not been able to conduct regular AGMs, it has not been able to increase its capital.</p>

<p style="text-align:justify">&nbsp;However, in order to increase paid-up capital, National Life Insurance is set to provide 25 percent bonus share to its shareholders. The company is also offering 75 percent right shares to its existing shareholders to meet the minimum paid-up capital requirement.</p>

<p style="text-align:justify">Meanwhile, among the companies that have increased the paid-up capital, Nepal Life Insurance has increased the maximum paid-up capital by 78.75 percent. Nepal Life has Rs 3.09 billion paid-up capital surpassing the minimum requirement. The company achieved the cap of paid-up capital before the IB made the announcement. Similarly, the paid-up capital of Life Insurance Corporation and Surya Life Insurance has increased by 25 percent. Likewise, Asian Life has increased its paid-up capital by 20 percent and Gurans Life Insurance has increased its paid-up capital by 10 percent.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5774',
			'image' => '20170602012248_ib.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5988',
			'article_category_id' => '1',
			'title' => 'Mundul Resigns from SCBN',
			'sub_title' => '',
			'summary' => 'June 2: Sujit Mundul, Director of Standard Chartered Bank Nepal (SCBN) has resigned from his post. Mundul who served the bank as chief executive officer (CEO) from 2003 to 2011 was continuing his association with the bank as a director. ',
			'content' => '<p style="text-align: justify;">June 2: Sujit Mundul, Director of Standard Chartered Bank Nepal (SCBN) has resigned from his post. Mundul who served the bank as chief executive officer (CEO) from 2003 to 2011 was continuing his association with the bank as a director.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5773',
			'image' => '20170602114251_mundul.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5987',
			'article_category_id' => '1',
			'title' => 'Yeti Devt Bank Conducts Financial Literacy Program',
			'sub_title' => '',
			'summary' => 'June 2: Yeti Development Bank has conducted financial literacy program in various locations of the valley. The bank with a slogan ‘Jodaun Ek Nata, Kholi Bankma Khata’ organized the program in Khowpa College, Bhaktapur and Manamaiju Secondary School, Kathmandu on May 30 and 31. In the program, information on banking and importance of saving, ASBA system, use of ATM card, benefits of mobile banking and online banking and techniques of identifying fake notes were provided.',
			'content' => '<p style="text-align: justify;">June 2: Yeti Development Bank has conducted financial literacy program in various locations of the valley. The bank with a slogan &lsquo;Jodaun Ek Nata, Kholi Bankma Khata&rsquo; organized the program in Khowpa College, Bhaktapur and Manamaiju Secondary School, Kathmandu on May 30 and 31. In the program, information on banking and importance of saving, ASBA system, use of ATM card, benefits of mobile banking and online banking and techniques of identifying fake notes were provided. &nbsp;&nbsp;</p>

<p style="text-align: justify;">During the program in Manamaiju Secondary School, the bank also distributed educational materials to students and sport materials to the school. &ldquo;Yeti Development Bank will continue such programs prioritizing various schools, colleges, rural women groups and youths with low educational accessibility under its corporate social responsibility,&rdquo; said the bank in a press statement.</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5772',
			'image' => '20170602113056_yeti.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5986',
			'article_category_id' => '1',
			'title' => 'Global IME’s ATM outlet in Lumbini',
			'sub_title' => '',
			'summary' => 'June 2: Global IME Bank has started an ATM outlet in Lumbini, the birthplace of Lord Gautam Buddha. The bank started the outlet nearly the main entrance gate of Lumbini Development Project aiming to serve local customers and tourists who come to visit Lumbini. With the addition, the number of ATM outlets of the bank has reached 109. Presently, the bank is providing its services through 95 branches, six entension counters, 10 revenue collection counters and 46 branchless banking services.',
			'content' => '<p style="text-align: justify;">June 2: Global IME Bank has started an ATM outlet in Lumbini, the birthplace of Lord Gautam Buddha. The bank started the outlet nearly the main entrance gate of Lumbini Development Project aiming to serve local customers and tourists who come to visit Lumbini. With the addition, the number of ATM outlets of the bank has reached 109. Presently, the bank is providing its services through 95 branches, six entension counters, 10 revenue collection counters and 46 branchless banking services.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5771',
			'image' => '20170602111033_global ime.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5985',
			'article_category_id' => '1',
			'title' => 'Guheshwori Merchant Banking Appoints NIBL Capital as Issue Manager',
			'sub_title' => '',
			'summary' => 'June 2: Guheshwori Merchant Banking and Finance has appointed NIBL Capital Market as its issue manager. As per the Finance Company, it appointed the issue manager to manage its 1973,928.77 units of right shares. Both institutions signed a memorandum of understanding (MoU) regarding the matter as per the provision of Company Act 2063 section 32 (2), said the company in a press statement. ',
			'content' => '<p style="text-align: justify;">June 2: Guheshwori Merchant Banking and Finance has appointed NIBL Capital Market as its issue manager. As per the Finance Company, it appointed the issue manager to manage its 1973,928.77 units of right shares. Both institutions signed a memorandum of understanding (MoU) regarding the matter as per the provision of Company Act 2063 section 32 (2), said the company in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5770',
			'image' => '20170602105753_guheshwori.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5984',
			'article_category_id' => '1',
			'title' => 'Qatar Airways Offers Iftar Boxes on Ramadan',
			'sub_title' => '',
			'summary' => 'June 1: Qatar Airways has offered an Iftar meal box “infused with a traditional Middle Eastern twist” to the passengers who fast during the holy month of Ramadan.',
			'content' => '<p style="text-align: justify;">June 1: Qatar Airways has offered an Iftar meal box &ldquo;infused with a traditional Middle Eastern twist&rdquo; to the passengers who fast during the holy month of Ramadan.</p>

<p style="text-align: justify;">The airline&rsquo;s Iftar boxes feature a &ldquo;creatively-designed&rdquo; Ramadan Kareem logo extending best wishes to all passengers during the holy month, said the company in a press statement.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5769',
			'image' => '20170601022056_qatar.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5983',
			'article_category_id' => '1',
			'title' => 'Classic Tech Solid Offer',
			'sub_title' => '',
			'summary' => 'June 1: Classic Tech with its network in 72 districts has announced a solid offer. The company announced a new offer in a bid to provide superior internet services at affordable price to the customers, said the company in a press statement.',
			'content' => '<p style="text-align: justify;">June 1: Classic Tech with its network in 72 districts has announced a solid offer. The company announced a new offer in a bid to provide superior internet services at affordable price to the customers, said the company in a press statement.</p>

<p style="text-align: justify;">Under the offer, upon installation of new internet, the annual customers will be provided 3Mbps data at Rs 1099 per month, 6Mbps data at Rs 1299 per month and 12Mbps unlimited at Rs 1699 per month.</p>

<p style="text-align: justify;">Moreover, the customers will be provided free WiFi router and installation, reads the statement.</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5768',
			'image' => '20170601021326_classic tech.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5982',
			'article_category_id' => '1',
			'title' => 'Mahindra KUV 100 in Nepali Market',
			'sub_title' => '',
			'summary' => 'June 1: Agni Incorporated, the authorized distributor of Mahindra vehicle for Nepal has rolled out Mahindra KUV 100 compact SUV in the Nepali market.',
			'content' => '<p style="text-align: justify;">June 1: Agni Incorporated, the authorized distributor of Mahindra vehicle for Nepal has rolled out Mahindra KUV 100 compact SUV in the Nepali market.</p>

<p style="text-align: justify;">&ldquo;The new KUV 100 comes with attractive SUV style. With a new premium and extra front space, the vehicle will be popular in the Nepali market,&rdquo; claimed the company.</p>

<p style="text-align: justify;">Moreover, the company believes that the superior design, comfortable, easy handling and a compact SUV at the price of a hatchback will surely gives a customer a satisfying feeling.</p>

<p style="text-align: justify;">The new KUV 100 is available in pearl white, aquamarine, dazzling silver, flamboyant red, ferry orange and designer grey, said the company.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5767',
			'image' => '20170601015922_mahindra.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
simplexml_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

Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
Code Context
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
		(int) 0 => array(
			'Article' => array(
				[maximum depth reached]
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			'Article' => array(
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			'Article' => array(
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			'Article' => array(
				[maximum depth reached]
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			'Article' => array(
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			'Article' => array(
				[maximum depth reached]
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		(int) 8 => array(
			'Article' => array(
				[maximum depth reached]
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			'Article' => array(
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			'Article' => array(
				[maximum depth reached]
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			'Article' => array(
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			'Article' => array(
				[maximum depth reached]
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			'Article' => array(
				[maximum depth reached]
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			'Article' => array(
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)
$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5996',
			'article_category_id' => '1',
			'title' => 'KTM Rolls Out New Model Bikes',
			'sub_title' => '',
			'summary' => 'June 4: Hansraj Hulaschand, the authorized distributor of KTM bikes for Nepal has unveiled new models in the Nepali market. The company launched RC 390, RC200, 390 Duke, 250 Duke and 200 Duke organizing a program on June 2.',
			'content' => '<p style="text-align: justify;">June 4: Hansraj Hulaschand, the authorized distributor of KTM bikes for Nepal has unveiled new models in the Nepali market. The company launched RC 390, RC200, 390 Duke, 250 Duke and 200 Duke organizing a program on June 2.</p>

<p style="text-align: justify;">First launched in 2012, KTM bikes are the highest selling premium naked bikes in the domestic market, claimed the company.</p>

<p style="text-align: justify;">The RC category bikes of KTM are race-ready just like other KTM bikes, said the company. The RC 390 comes with premium features like slipper clutch and ABS. Similarly, RC 200 comes with high standard features including aluminum swing arm, trellis frame and upside down suspension.</p>

<p style="text-align: justify;">The company has quoted price of Rs 689,900 to RC390 and Rs 529,900 to RC200. Similarly, in the duke series, the company has priced 390 Duke Rs 699,900, 250 Duke Rs 534,900 and 200 Duke Rs 444,900. According to the company, the bikes are packed with all the features of best racing bikes.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-04',
			'modified' => '2017-06-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5781',
			'image' => '20170604125114_ktm.jpg',
			'article_date' => '2017-06-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '5995',
			'article_category_id' => '1',
			'title' => 'Everest and Best Remit in a Remit Pact',
			'sub_title' => '',
			'summary' => 'June 4: Everest Bank and Best Remit have finalized an agreement regarding remittance payment. With the agreement, money sent from Everest Remit could be received through Best Remit.',
			'content' => '<p style="text-align: justify;">June 4: Everest Bank and Best Remit have finalized an agreement regarding remittance payment. With the agreement, money sent from Everest Remit could be received through Best Remit.</p>

<p style="text-align: justify;">Presently, Everest Bank is providing remittance services through Everest Remit. The bank availed the services to Nepalis resided in UAE, Qatar, Bahrain, Oman, Malaysia, Britain, America, Japan and Korea.</p>

<p style="text-align: justify;">Earlier, the bank finalized similar agreement with Ezee Remit, Express Money Transfer, Moneygram, Western Union Money Transfer and Cash Express. Moreover, the bank also provides remittance services for the customers of Indoremit of Punjab National Bank.</p>

<p style="text-align: justify;">Currently, the bank is providing its services through its wide network of 60 branches, 6 extension counter, 25 revenue collection counters and 88 ATM outlets.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-04',
			'modified' => '2017-06-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5780',
			'image' => '20170604113122_everest.jpg',
			'article_date' => '2017-06-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '5994',
			'article_category_id' => '1',
			'title' => 'NIC Asia Capital Announces Free Demat Services',
			'sub_title' => '',
			'summary' => 'June 4: NIC Asia Capital has announced free Demat account opening services to its customers. The company will not collect any charge for the operation of the Demat account in the first year, said the Capital in a press statement. According to the statement, customers can open the Demat account from any nationwide branches of NIC Asia Bank. ',
			'content' => '<p style="text-align:justify">June 4: NIC Asia Capital has announced free Demat account opening services to its customers. The company will not collect any charge for the operation of the Demat account in the first year, said the Capital in a press statement. According to the statement, customers can open the Demat account from any nationwide branches of NIC Asia Bank.&nbsp;</p>

<p style="text-align:justify">&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-04',
			'modified' => '2017-06-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5779',
			'image' => '20170604105645_nic asia capital.jpg',
			'article_date' => '2017-06-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5993',
			'article_category_id' => '1',
			'title' => 'Remit Pact between BOOM and ADB',
			'sub_title' => '',
			'summary' => 'June 4: Boom Remittance and Agricultural Development Bank has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance and Lila Prakash Sitaula, CEO of Agricultural Development Bank (ADB) signed the agreement on behalf of their respective organisations on June 2.',
			'content' => '<p style="text-align: justify;">June 4: Boom Remittance and Agricultural Development Bank has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance and Lila Prakash Sitaula, CEO of Agricultural Development Bank (ADB) signed the agreement on behalf of their respective organisations on June 2.</p>

<p style="text-align: justify;">According to the agreement, money send through BOOM Remittance could be received from all the branches of ADB.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-04',
			'modified' => '2017-06-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5778',
			'image' => '20170604105309_boom.jpg',
			'article_date' => '2017-06-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5992',
			'article_category_id' => '1',
			'title' => 'Ncell Starts 4G Service',
			'sub_title' => '',
			'summary' => 'June 2: The private sector telecommunication service providing company Ncell has started 4G service based on LTE technology from June 1. The company started high speed mobile broadband 4G service from Kathmandu.',
			'content' => '<p style="text-align: justify;">June 2: The private sector telecommunication service providing company Ncell has started 4G service based on LTE technology from June 1. The company started high speed mobile broadband 4G service from Kathmandu.</p>

<p style="text-align: justify;">Ncell customers from Kathmandu, Nagarkot, Banepa and Dhulikhel can use the service. The customers having 4G operating SIM and mobile can enjoy the service. The company started the service by receiving license of technology neutrality.</p>

<p style="text-align: justify;">Similarly, the customers can exchange their SIM cards with 4G operating SIM (U-SIM) for free. Meanwhile, new customers will get 4G activated SIM cards.</p>

<p style="text-align: justify;">Simon Parkins, Managing Director of Ncell expressed his excitement &nbsp;from the positive impact of reaching to people and country through technology neutrality.</p>

<p style="text-align: justify;">&ldquo;This step has made us move in the journey of building digital Nepal,&rdquo; he said, adding, &ldquo;We are committed to contributing to get the digital mission of Nepal by correctly utilizing technology neutrality.&rdquo;</p>

<p style="text-align: justify;">The company that got technology neutrality license from Nepal Telecommunications Authority (NTA) a month ago is targeting to reach 4G service in 15 percent of the total population in the upcoming seven months.</p>

<p style="text-align: justify;">Likewise, the company is testing the network with an aim to operate 4G service in 40 cities of the country. On the occasion of 4G operation, the company is offering one GB data for free for three days.&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5777',
			'image' => '20170602045453_ncell.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5991',
			'article_category_id' => '1',
			'title' => 'Construction of the Outer Ring Road to Take Pace',
			'sub_title' => '',
			'summary' => 'June 2: The Outer Ring Road Project which was only limited to paperwork for the past 13 years is finally going to start soon.',
			'content' => '<p style="text-align: justify;">June 2:<strong>&nbsp;</strong>The Outer Ring Road Project which was only limited to paperwork for the past 13 years is finally going to start soon.</p>

<p style="text-align: justify;">With the publication of the detailed project report of the project (DPR) in Nepal Gazette, the construction of the first phase 6.6 km of the outer ring road from Satungal to Chovar is going to be started soon.</p>

<p style="text-align: justify;">Minister for Urban Development Arjun Narsingh KC has already given permission for the construction process of Chovar-Satungal portion out of the total 71.93 km of the outer ring road, on April 26 this year.</p>

<p style="text-align: justify;">The construction of the outer ring road started formally with the publication of notice in the Nepal Gazette on May 29 after a month of approval by the Ministry. It is considered as good news as the project aims to manage the urbanization and connect Kathmandu through a single road network.</p>

<p style="text-align: justify;">According to Dhruba Sapkota, Officer of the Outer Ring Road Project, the land acquisition of Chovar-Satungal portion will be started from this week. &ldquo;As per the Land Acquisition Act, the land acquisition will be started for the construction of the outer ring road,&rdquo; he said, adding , &ldquo;Cities will be developed through land integration.&rdquo;</p>

<p style="text-align: justify;">Similarly, according to Ministry of Urban Development, 13 cities have been developed under the land integration project. He informed that Rs 30 million had been allocated to open track in FY 2016/17.</p>

<p style="text-align: justify;">The total investment of the project is assumed to be Rs six billion. Sapkota said that the project has received a budget of Rs 700 million in upcoming FY 2017/18. &ldquo;The DPR of remaining 68 km will be approved next year.&rdquo;</p>

<p style="text-align: justify;">The project will be compensating only for the houses constructed in the project area.</p>

<p style="text-align: justify;">On the first phase of the construction from Chovar-Satungal, the road project covers 8,000 ropanies of land belonging to 14 thousand land owners.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5776',
			'image' => '20170602045349_outer ringraod.jpg',
			'article_date' => '2017-06-02 00:00:00',
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	(int) 6 => array(
		'Article' => array(
			'id' => '5990',
			'article_category_id' => '1',
			'title' => 'Private Sector Dissatisfied With the Budget',
			'sub_title' => '',
			'summary' => 'June 2:  The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has expressed its dissatisfaction over the budget for the upcoming fiscal year 2017-18.',
			'content' => '<p style="text-align: justify;">June 2: &nbsp;The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has expressed its dissatisfaction over the budget for the upcoming fiscal year 2017-18.</p>

<p style="text-align: justify;">The private sector shared that though it had been providing suggestions to the government through the Revenue Advisory Committee, the government has not taken any issues seriously.</p>

<p style="text-align: justify;">FNCCI expressed its dissatisfaction saying that the government is taking suggestions from the private sector just for the sake of formality due to which Nepal will never become a country with investment-friendly environment.</p>

<p style="text-align: justify;">Shekhar Golchha, Senior Vice-President of FNCCI expressed the view that the programmes in the budget do not promote the productive sectors and do not address the declining exports. &quot;The budget could not show any basis for encouraging the investors to invest in the country,&quot; Golchha said.</p>

<p style="text-align: justify;">However, the FNCCI has judged that the budget is not limited to becoming an average.&nbsp;&nbsp; Bhawani Rana, President of FNCCI said that the budget is more administrative in nature. &quot;As a whole, the budget could not encourage us to make investments,&quot; she said.&nbsp;</p>

<p style="text-align: justify;">In the past, the programmes in the budget were not implemented even at the end of the fiscal year. In the budget speech of the upcoming FY, this issue is considered as the main challenge in budget implementation. In the previous fiscal years, the government could not spend the allocated capital expenditure.</p>

<p style="text-align: justify;">The Nepal Chamber of Commerce (NCC) has said that the budget promotes self-employment and employment opportunity which is a good step by the government. &quot;However, the issues of revenue in the budget might create problem in taxation,&quot; said Kamlesh Kumar Agrawal, General Secretary of NCC. He said the suggestions NCC sent to the government to address the issue of paying tax, which is regarded complicated, was ignored in the budget.</p>

<p style="text-align: justify;">Similarly, the Nepal Foreign trade Association expressed the view that the decision of the government to give grants for export and make standard lab is appreciable. However, the government has set a target to collect Rs 200 billion additional revenue as compared to the last year without increasing any economic activities, which is one of the weaknesses in the budget,&quot; said Shiva Kumar Agrawal, General Secretary of the Association.</p>

<p style="text-align: justify;">Likewise, the Federation of Nepalese Cottage and Small Industries (FNCSI) welcomed the budget by organising a press meet in the capital on May 31.</p>

<p style="text-align: justify;">Shyam Giri, President of the Federation said the budget allocated for the projects of national priority is welcome, but expressed doubt on the implementation of the budget in local level.</p>
',
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			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5775',
			'image' => null,
			'article_date' => '2017-06-02 00:00:00',
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	(int) 7 => array(
		'Article' => array(
			'id' => '5989',
			'article_category_id' => '1',
			'title' => 'Long Road Ahead for Life Insurance Companies to meet Minimum Capital Requirement',
			'sub_title' => '',
			'summary' => 'June 2: Life Insurance Companies have raised 31 percent paid-up capital in the current FY compared to the last FY following the raise in minimum paid-up capital requirement of Rs 2 billion by the Insurance Board (IB). By the third quarter of the current FY, the combined paid-up capital of eight life insurance companies has in',
			'content' => '<p style="text-align:justify">June 2: Life Insurance Companies have raised 31 percent paid-up capital in the current FY compared to the last FY following the raise in minimum paid-up capital requirement of Rs 2 billion by the Insurance Board (IB). By the third quarter of the current FY, the combined paid-up capital of eight life insurance companies has increased to Rs 7.96 billion. Out of the eight companies, while five companies have increased their paid-up capital, three companies have shown zero increase. The companies whose paid-up capital stands still are National Life, Prime Life and Rastriya Beema Sansthan.</p>

<p style="text-align:justify">According to Prime Life, it failed to increase the paid-up capital due to postponing of its general meeting since the last four year. Prime Life has not conducted annual general meeting since 2013. The company is planning to move ahead with a capital increment strategic plan by organising annual general meeting, said the company.</p>

<p style="text-align:justify">Similarly, Rastriya Beema Sansthan is also going through the same circumstances as Prime Life Insurance. As the company has not been able to conduct regular AGMs, it has not been able to increase its capital.</p>

<p style="text-align:justify">&nbsp;However, in order to increase paid-up capital, National Life Insurance is set to provide 25 percent bonus share to its shareholders. The company is also offering 75 percent right shares to its existing shareholders to meet the minimum paid-up capital requirement.</p>

<p style="text-align:justify">Meanwhile, among the companies that have increased the paid-up capital, Nepal Life Insurance has increased the maximum paid-up capital by 78.75 percent. Nepal Life has Rs 3.09 billion paid-up capital surpassing the minimum requirement. The company achieved the cap of paid-up capital before the IB made the announcement. Similarly, the paid-up capital of Life Insurance Corporation and Surya Life Insurance has increased by 25 percent. Likewise, Asian Life has increased its paid-up capital by 20 percent and Gurans Life Insurance has increased its paid-up capital by 10 percent.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5774',
			'image' => '20170602012248_ib.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5988',
			'article_category_id' => '1',
			'title' => 'Mundul Resigns from SCBN',
			'sub_title' => '',
			'summary' => 'June 2: Sujit Mundul, Director of Standard Chartered Bank Nepal (SCBN) has resigned from his post. Mundul who served the bank as chief executive officer (CEO) from 2003 to 2011 was continuing his association with the bank as a director. ',
			'content' => '<p style="text-align: justify;">June 2: Sujit Mundul, Director of Standard Chartered Bank Nepal (SCBN) has resigned from his post. Mundul who served the bank as chief executive officer (CEO) from 2003 to 2011 was continuing his association with the bank as a director.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5773',
			'image' => '20170602114251_mundul.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5987',
			'article_category_id' => '1',
			'title' => 'Yeti Devt Bank Conducts Financial Literacy Program',
			'sub_title' => '',
			'summary' => 'June 2: Yeti Development Bank has conducted financial literacy program in various locations of the valley. The bank with a slogan ‘Jodaun Ek Nata, Kholi Bankma Khata’ organized the program in Khowpa College, Bhaktapur and Manamaiju Secondary School, Kathmandu on May 30 and 31. In the program, information on banking and importance of saving, ASBA system, use of ATM card, benefits of mobile banking and online banking and techniques of identifying fake notes were provided.',
			'content' => '<p style="text-align: justify;">June 2: Yeti Development Bank has conducted financial literacy program in various locations of the valley. The bank with a slogan &lsquo;Jodaun Ek Nata, Kholi Bankma Khata&rsquo; organized the program in Khowpa College, Bhaktapur and Manamaiju Secondary School, Kathmandu on May 30 and 31. In the program, information on banking and importance of saving, ASBA system, use of ATM card, benefits of mobile banking and online banking and techniques of identifying fake notes were provided. &nbsp;&nbsp;</p>

<p style="text-align: justify;">During the program in Manamaiju Secondary School, the bank also distributed educational materials to students and sport materials to the school. &ldquo;Yeti Development Bank will continue such programs prioritizing various schools, colleges, rural women groups and youths with low educational accessibility under its corporate social responsibility,&rdquo; said the bank in a press statement.</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5772',
			'image' => '20170602113056_yeti.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '5986',
			'article_category_id' => '1',
			'title' => 'Global IME’s ATM outlet in Lumbini',
			'sub_title' => '',
			'summary' => 'June 2: Global IME Bank has started an ATM outlet in Lumbini, the birthplace of Lord Gautam Buddha. The bank started the outlet nearly the main entrance gate of Lumbini Development Project aiming to serve local customers and tourists who come to visit Lumbini. With the addition, the number of ATM outlets of the bank has reached 109. Presently, the bank is providing its services through 95 branches, six entension counters, 10 revenue collection counters and 46 branchless banking services.',
			'content' => '<p style="text-align: justify;">June 2: Global IME Bank has started an ATM outlet in Lumbini, the birthplace of Lord Gautam Buddha. The bank started the outlet nearly the main entrance gate of Lumbini Development Project aiming to serve local customers and tourists who come to visit Lumbini. With the addition, the number of ATM outlets of the bank has reached 109. Presently, the bank is providing its services through 95 branches, six entension counters, 10 revenue collection counters and 46 branchless banking services.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5771',
			'image' => '20170602111033_global ime.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '5985',
			'article_category_id' => '1',
			'title' => 'Guheshwori Merchant Banking Appoints NIBL Capital as Issue Manager',
			'sub_title' => '',
			'summary' => 'June 2: Guheshwori Merchant Banking and Finance has appointed NIBL Capital Market as its issue manager. As per the Finance Company, it appointed the issue manager to manage its 1973,928.77 units of right shares. Both institutions signed a memorandum of understanding (MoU) regarding the matter as per the provision of Company Act 2063 section 32 (2), said the company in a press statement. ',
			'content' => '<p style="text-align: justify;">June 2: Guheshwori Merchant Banking and Finance has appointed NIBL Capital Market as its issue manager. As per the Finance Company, it appointed the issue manager to manage its 1973,928.77 units of right shares. Both institutions signed a memorandum of understanding (MoU) regarding the matter as per the provision of Company Act 2063 section 32 (2), said the company in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5770',
			'image' => '20170602105753_guheshwori.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '5984',
			'article_category_id' => '1',
			'title' => 'Qatar Airways Offers Iftar Boxes on Ramadan',
			'sub_title' => '',
			'summary' => 'June 1: Qatar Airways has offered an Iftar meal box “infused with a traditional Middle Eastern twist” to the passengers who fast during the holy month of Ramadan.',
			'content' => '<p style="text-align: justify;">June 1: Qatar Airways has offered an Iftar meal box &ldquo;infused with a traditional Middle Eastern twist&rdquo; to the passengers who fast during the holy month of Ramadan.</p>

<p style="text-align: justify;">The airline&rsquo;s Iftar boxes feature a &ldquo;creatively-designed&rdquo; Ramadan Kareem logo extending best wishes to all passengers during the holy month, said the company in a press statement.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5769',
			'image' => '20170601022056_qatar.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5983',
			'article_category_id' => '1',
			'title' => 'Classic Tech Solid Offer',
			'sub_title' => '',
			'summary' => 'June 1: Classic Tech with its network in 72 districts has announced a solid offer. The company announced a new offer in a bid to provide superior internet services at affordable price to the customers, said the company in a press statement.',
			'content' => '<p style="text-align: justify;">June 1: Classic Tech with its network in 72 districts has announced a solid offer. The company announced a new offer in a bid to provide superior internet services at affordable price to the customers, said the company in a press statement.</p>

<p style="text-align: justify;">Under the offer, upon installation of new internet, the annual customers will be provided 3Mbps data at Rs 1099 per month, 6Mbps data at Rs 1299 per month and 12Mbps unlimited at Rs 1699 per month.</p>

<p style="text-align: justify;">Moreover, the customers will be provided free WiFi router and installation, reads the statement.</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5768',
			'image' => '20170601021326_classic tech.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 14 => array(
		'Article' => array(
			'id' => '5982',
			'article_category_id' => '1',
			'title' => 'Mahindra KUV 100 in Nepali Market',
			'sub_title' => '',
			'summary' => 'June 1: Agni Incorporated, the authorized distributor of Mahindra vehicle for Nepal has rolled out Mahindra KUV 100 compact SUV in the Nepali market.',
			'content' => '<p style="text-align: justify;">June 1: Agni Incorporated, the authorized distributor of Mahindra vehicle for Nepal has rolled out Mahindra KUV 100 compact SUV in the Nepali market.</p>

<p style="text-align: justify;">&ldquo;The new KUV 100 comes with attractive SUV style. With a new premium and extra front space, the vehicle will be popular in the Nepali market,&rdquo; claimed the company.</p>

<p style="text-align: justify;">Moreover, the company believes that the superior design, comfortable, easy handling and a compact SUV at the price of a hatchback will surely gives a customer a satisfying feeling.</p>

<p style="text-align: justify;">The new KUV 100 is available in pearl white, aquamarine, dazzling silver, flamboyant red, ferry orange and designer grey, said the company.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'description' => '',
			'sortorder' => '5767',
			'image' => '20170601015922_mahindra.jpg',
			'article_date' => '2017-06-01 00:00:00',
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			'breaking_news' => false,
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5996',
			'article_category_id' => '1',
			'title' => 'KTM Rolls Out New Model Bikes',
			'sub_title' => '',
			'summary' => 'June 4: Hansraj Hulaschand, the authorized distributor of KTM bikes for Nepal has unveiled new models in the Nepali market. The company launched RC 390, RC200, 390 Duke, 250 Duke and 200 Duke organizing a program on June 2.',
			'content' => '<p style="text-align: justify;">June 4: Hansraj Hulaschand, the authorized distributor of KTM bikes for Nepal has unveiled new models in the Nepali market. The company launched RC 390, RC200, 390 Duke, 250 Duke and 200 Duke organizing a program on June 2.</p>

<p style="text-align: justify;">First launched in 2012, KTM bikes are the highest selling premium naked bikes in the domestic market, claimed the company.</p>

<p style="text-align: justify;">The RC category bikes of KTM are race-ready just like other KTM bikes, said the company. The RC 390 comes with premium features like slipper clutch and ABS. Similarly, RC 200 comes with high standard features including aluminum swing arm, trellis frame and upside down suspension.</p>

<p style="text-align: justify;">The company has quoted price of Rs 689,900 to RC390 and Rs 529,900 to RC200. Similarly, in the duke series, the company has priced 390 Duke Rs 699,900, 250 Duke Rs 534,900 and 200 Duke Rs 444,900. According to the company, the bikes are packed with all the features of best racing bikes.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-04',
			'modified' => '2017-06-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5781',
			'image' => '20170604125114_ktm.jpg',
			'article_date' => '2017-06-04 00:00:00',
			'homepage' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '5995',
			'article_category_id' => '1',
			'title' => 'Everest and Best Remit in a Remit Pact',
			'sub_title' => '',
			'summary' => 'June 4: Everest Bank and Best Remit have finalized an agreement regarding remittance payment. With the agreement, money sent from Everest Remit could be received through Best Remit.',
			'content' => '<p style="text-align: justify;">June 4: Everest Bank and Best Remit have finalized an agreement regarding remittance payment. With the agreement, money sent from Everest Remit could be received through Best Remit.</p>

<p style="text-align: justify;">Presently, Everest Bank is providing remittance services through Everest Remit. The bank availed the services to Nepalis resided in UAE, Qatar, Bahrain, Oman, Malaysia, Britain, America, Japan and Korea.</p>

<p style="text-align: justify;">Earlier, the bank finalized similar agreement with Ezee Remit, Express Money Transfer, Moneygram, Western Union Money Transfer and Cash Express. Moreover, the bank also provides remittance services for the customers of Indoremit of Punjab National Bank.</p>

<p style="text-align: justify;">Currently, the bank is providing its services through its wide network of 60 branches, 6 extension counter, 25 revenue collection counters and 88 ATM outlets.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'created' => '2017-06-04',
			'modified' => '2017-06-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5780',
			'image' => '20170604113122_everest.jpg',
			'article_date' => '2017-06-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
			'user_id' => '16'
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	(int) 2 => array(
		'Article' => array(
			'id' => '5994',
			'article_category_id' => '1',
			'title' => 'NIC Asia Capital Announces Free Demat Services',
			'sub_title' => '',
			'summary' => 'June 4: NIC Asia Capital has announced free Demat account opening services to its customers. The company will not collect any charge for the operation of the Demat account in the first year, said the Capital in a press statement. According to the statement, customers can open the Demat account from any nationwide branches of NIC Asia Bank. ',
			'content' => '<p style="text-align:justify">June 4: NIC Asia Capital has announced free Demat account opening services to its customers. The company will not collect any charge for the operation of the Demat account in the first year, said the Capital in a press statement. According to the statement, customers can open the Demat account from any nationwide branches of NIC Asia Bank.&nbsp;</p>

<p style="text-align:justify">&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-04',
			'modified' => '2017-06-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5779',
			'image' => '20170604105645_nic asia capital.jpg',
			'article_date' => '2017-06-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5993',
			'article_category_id' => '1',
			'title' => 'Remit Pact between BOOM and ADB',
			'sub_title' => '',
			'summary' => 'June 4: Boom Remittance and Agricultural Development Bank has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance and Lila Prakash Sitaula, CEO of Agricultural Development Bank (ADB) signed the agreement on behalf of their respective organisations on June 2.',
			'content' => '<p style="text-align: justify;">June 4: Boom Remittance and Agricultural Development Bank has finalised an agreement regarding remittance payment. Dhirendra Pant, Managing Director of BOOM Remittance and Lila Prakash Sitaula, CEO of Agricultural Development Bank (ADB) signed the agreement on behalf of their respective organisations on June 2.</p>

<p style="text-align: justify;">According to the agreement, money send through BOOM Remittance could be received from all the branches of ADB.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-04',
			'modified' => '2017-06-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5778',
			'image' => '20170604105309_boom.jpg',
			'article_date' => '2017-06-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5992',
			'article_category_id' => '1',
			'title' => 'Ncell Starts 4G Service',
			'sub_title' => '',
			'summary' => 'June 2: The private sector telecommunication service providing company Ncell has started 4G service based on LTE technology from June 1. The company started high speed mobile broadband 4G service from Kathmandu.',
			'content' => '<p style="text-align: justify;">June 2: The private sector telecommunication service providing company Ncell has started 4G service based on LTE technology from June 1. The company started high speed mobile broadband 4G service from Kathmandu.</p>

<p style="text-align: justify;">Ncell customers from Kathmandu, Nagarkot, Banepa and Dhulikhel can use the service. The customers having 4G operating SIM and mobile can enjoy the service. The company started the service by receiving license of technology neutrality.</p>

<p style="text-align: justify;">Similarly, the customers can exchange their SIM cards with 4G operating SIM (U-SIM) for free. Meanwhile, new customers will get 4G activated SIM cards.</p>

<p style="text-align: justify;">Simon Parkins, Managing Director of Ncell expressed his excitement &nbsp;from the positive impact of reaching to people and country through technology neutrality.</p>

<p style="text-align: justify;">&ldquo;This step has made us move in the journey of building digital Nepal,&rdquo; he said, adding, &ldquo;We are committed to contributing to get the digital mission of Nepal by correctly utilizing technology neutrality.&rdquo;</p>

<p style="text-align: justify;">The company that got technology neutrality license from Nepal Telecommunications Authority (NTA) a month ago is targeting to reach 4G service in 15 percent of the total population in the upcoming seven months.</p>

<p style="text-align: justify;">Likewise, the company is testing the network with an aim to operate 4G service in 40 cities of the country. On the occasion of 4G operation, the company is offering one GB data for free for three days.&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5777',
			'image' => '20170602045453_ncell.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5991',
			'article_category_id' => '1',
			'title' => 'Construction of the Outer Ring Road to Take Pace',
			'sub_title' => '',
			'summary' => 'June 2: The Outer Ring Road Project which was only limited to paperwork for the past 13 years is finally going to start soon.',
			'content' => '<p style="text-align: justify;">June 2:<strong>&nbsp;</strong>The Outer Ring Road Project which was only limited to paperwork for the past 13 years is finally going to start soon.</p>

<p style="text-align: justify;">With the publication of the detailed project report of the project (DPR) in Nepal Gazette, the construction of the first phase 6.6 km of the outer ring road from Satungal to Chovar is going to be started soon.</p>

<p style="text-align: justify;">Minister for Urban Development Arjun Narsingh KC has already given permission for the construction process of Chovar-Satungal portion out of the total 71.93 km of the outer ring road, on April 26 this year.</p>

<p style="text-align: justify;">The construction of the outer ring road started formally with the publication of notice in the Nepal Gazette on May 29 after a month of approval by the Ministry. It is considered as good news as the project aims to manage the urbanization and connect Kathmandu through a single road network.</p>

<p style="text-align: justify;">According to Dhruba Sapkota, Officer of the Outer Ring Road Project, the land acquisition of Chovar-Satungal portion will be started from this week. &ldquo;As per the Land Acquisition Act, the land acquisition will be started for the construction of the outer ring road,&rdquo; he said, adding , &ldquo;Cities will be developed through land integration.&rdquo;</p>

<p style="text-align: justify;">Similarly, according to Ministry of Urban Development, 13 cities have been developed under the land integration project. He informed that Rs 30 million had been allocated to open track in FY 2016/17.</p>

<p style="text-align: justify;">The total investment of the project is assumed to be Rs six billion. Sapkota said that the project has received a budget of Rs 700 million in upcoming FY 2017/18. &ldquo;The DPR of remaining 68 km will be approved next year.&rdquo;</p>

<p style="text-align: justify;">The project will be compensating only for the houses constructed in the project area.</p>

<p style="text-align: justify;">On the first phase of the construction from Chovar-Satungal, the road project covers 8,000 ropanies of land belonging to 14 thousand land owners.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5776',
			'image' => '20170602045349_outer ringraod.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5990',
			'article_category_id' => '1',
			'title' => 'Private Sector Dissatisfied With the Budget',
			'sub_title' => '',
			'summary' => 'June 2:  The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has expressed its dissatisfaction over the budget for the upcoming fiscal year 2017-18.',
			'content' => '<p style="text-align: justify;">June 2: &nbsp;The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has expressed its dissatisfaction over the budget for the upcoming fiscal year 2017-18.</p>

<p style="text-align: justify;">The private sector shared that though it had been providing suggestions to the government through the Revenue Advisory Committee, the government has not taken any issues seriously.</p>

<p style="text-align: justify;">FNCCI expressed its dissatisfaction saying that the government is taking suggestions from the private sector just for the sake of formality due to which Nepal will never become a country with investment-friendly environment.</p>

<p style="text-align: justify;">Shekhar Golchha, Senior Vice-President of FNCCI expressed the view that the programmes in the budget do not promote the productive sectors and do not address the declining exports. &quot;The budget could not show any basis for encouraging the investors to invest in the country,&quot; Golchha said.</p>

<p style="text-align: justify;">However, the FNCCI has judged that the budget is not limited to becoming an average.&nbsp;&nbsp; Bhawani Rana, President of FNCCI said that the budget is more administrative in nature. &quot;As a whole, the budget could not encourage us to make investments,&quot; she said.&nbsp;</p>

<p style="text-align: justify;">In the past, the programmes in the budget were not implemented even at the end of the fiscal year. In the budget speech of the upcoming FY, this issue is considered as the main challenge in budget implementation. In the previous fiscal years, the government could not spend the allocated capital expenditure.</p>

<p style="text-align: justify;">The Nepal Chamber of Commerce (NCC) has said that the budget promotes self-employment and employment opportunity which is a good step by the government. &quot;However, the issues of revenue in the budget might create problem in taxation,&quot; said Kamlesh Kumar Agrawal, General Secretary of NCC. He said the suggestions NCC sent to the government to address the issue of paying tax, which is regarded complicated, was ignored in the budget.</p>

<p style="text-align: justify;">Similarly, the Nepal Foreign trade Association expressed the view that the decision of the government to give grants for export and make standard lab is appreciable. However, the government has set a target to collect Rs 200 billion additional revenue as compared to the last year without increasing any economic activities, which is one of the weaknesses in the budget,&quot; said Shiva Kumar Agrawal, General Secretary of the Association.</p>

<p style="text-align: justify;">Likewise, the Federation of Nepalese Cottage and Small Industries (FNCSI) welcomed the budget by organising a press meet in the capital on May 31.</p>

<p style="text-align: justify;">Shyam Giri, President of the Federation said the budget allocated for the projects of national priority is welcome, but expressed doubt on the implementation of the budget in local level.</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5775',
			'image' => null,
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5989',
			'article_category_id' => '1',
			'title' => 'Long Road Ahead for Life Insurance Companies to meet Minimum Capital Requirement',
			'sub_title' => '',
			'summary' => 'June 2: Life Insurance Companies have raised 31 percent paid-up capital in the current FY compared to the last FY following the raise in minimum paid-up capital requirement of Rs 2 billion by the Insurance Board (IB). By the third quarter of the current FY, the combined paid-up capital of eight life insurance companies has in',
			'content' => '<p style="text-align:justify">June 2: Life Insurance Companies have raised 31 percent paid-up capital in the current FY compared to the last FY following the raise in minimum paid-up capital requirement of Rs 2 billion by the Insurance Board (IB). By the third quarter of the current FY, the combined paid-up capital of eight life insurance companies has increased to Rs 7.96 billion. Out of the eight companies, while five companies have increased their paid-up capital, three companies have shown zero increase. The companies whose paid-up capital stands still are National Life, Prime Life and Rastriya Beema Sansthan.</p>

<p style="text-align:justify">According to Prime Life, it failed to increase the paid-up capital due to postponing of its general meeting since the last four year. Prime Life has not conducted annual general meeting since 2013. The company is planning to move ahead with a capital increment strategic plan by organising annual general meeting, said the company.</p>

<p style="text-align:justify">Similarly, Rastriya Beema Sansthan is also going through the same circumstances as Prime Life Insurance. As the company has not been able to conduct regular AGMs, it has not been able to increase its capital.</p>

<p style="text-align:justify">&nbsp;However, in order to increase paid-up capital, National Life Insurance is set to provide 25 percent bonus share to its shareholders. The company is also offering 75 percent right shares to its existing shareholders to meet the minimum paid-up capital requirement.</p>

<p style="text-align:justify">Meanwhile, among the companies that have increased the paid-up capital, Nepal Life Insurance has increased the maximum paid-up capital by 78.75 percent. Nepal Life has Rs 3.09 billion paid-up capital surpassing the minimum requirement. The company achieved the cap of paid-up capital before the IB made the announcement. Similarly, the paid-up capital of Life Insurance Corporation and Surya Life Insurance has increased by 25 percent. Likewise, Asian Life has increased its paid-up capital by 20 percent and Gurans Life Insurance has increased its paid-up capital by 10 percent.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5774',
			'image' => '20170602012248_ib.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5988',
			'article_category_id' => '1',
			'title' => 'Mundul Resigns from SCBN',
			'sub_title' => '',
			'summary' => 'June 2: Sujit Mundul, Director of Standard Chartered Bank Nepal (SCBN) has resigned from his post. Mundul who served the bank as chief executive officer (CEO) from 2003 to 2011 was continuing his association with the bank as a director. ',
			'content' => '<p style="text-align: justify;">June 2: Sujit Mundul, Director of Standard Chartered Bank Nepal (SCBN) has resigned from his post. Mundul who served the bank as chief executive officer (CEO) from 2003 to 2011 was continuing his association with the bank as a director.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5773',
			'image' => '20170602114251_mundul.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5987',
			'article_category_id' => '1',
			'title' => 'Yeti Devt Bank Conducts Financial Literacy Program',
			'sub_title' => '',
			'summary' => 'June 2: Yeti Development Bank has conducted financial literacy program in various locations of the valley. The bank with a slogan ‘Jodaun Ek Nata, Kholi Bankma Khata’ organized the program in Khowpa College, Bhaktapur and Manamaiju Secondary School, Kathmandu on May 30 and 31. In the program, information on banking and importance of saving, ASBA system, use of ATM card, benefits of mobile banking and online banking and techniques of identifying fake notes were provided.',
			'content' => '<p style="text-align: justify;">June 2: Yeti Development Bank has conducted financial literacy program in various locations of the valley. The bank with a slogan &lsquo;Jodaun Ek Nata, Kholi Bankma Khata&rsquo; organized the program in Khowpa College, Bhaktapur and Manamaiju Secondary School, Kathmandu on May 30 and 31. In the program, information on banking and importance of saving, ASBA system, use of ATM card, benefits of mobile banking and online banking and techniques of identifying fake notes were provided. &nbsp;&nbsp;</p>

<p style="text-align: justify;">During the program in Manamaiju Secondary School, the bank also distributed educational materials to students and sport materials to the school. &ldquo;Yeti Development Bank will continue such programs prioritizing various schools, colleges, rural women groups and youths with low educational accessibility under its corporate social responsibility,&rdquo; said the bank in a press statement.</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5772',
			'image' => '20170602113056_yeti.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5986',
			'article_category_id' => '1',
			'title' => 'Global IME’s ATM outlet in Lumbini',
			'sub_title' => '',
			'summary' => 'June 2: Global IME Bank has started an ATM outlet in Lumbini, the birthplace of Lord Gautam Buddha. The bank started the outlet nearly the main entrance gate of Lumbini Development Project aiming to serve local customers and tourists who come to visit Lumbini. With the addition, the number of ATM outlets of the bank has reached 109. Presently, the bank is providing its services through 95 branches, six entension counters, 10 revenue collection counters and 46 branchless banking services.',
			'content' => '<p style="text-align: justify;">June 2: Global IME Bank has started an ATM outlet in Lumbini, the birthplace of Lord Gautam Buddha. The bank started the outlet nearly the main entrance gate of Lumbini Development Project aiming to serve local customers and tourists who come to visit Lumbini. With the addition, the number of ATM outlets of the bank has reached 109. Presently, the bank is providing its services through 95 branches, six entension counters, 10 revenue collection counters and 46 branchless banking services.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5771',
			'image' => '20170602111033_global ime.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5985',
			'article_category_id' => '1',
			'title' => 'Guheshwori Merchant Banking Appoints NIBL Capital as Issue Manager',
			'sub_title' => '',
			'summary' => 'June 2: Guheshwori Merchant Banking and Finance has appointed NIBL Capital Market as its issue manager. As per the Finance Company, it appointed the issue manager to manage its 1973,928.77 units of right shares. Both institutions signed a memorandum of understanding (MoU) regarding the matter as per the provision of Company Act 2063 section 32 (2), said the company in a press statement. ',
			'content' => '<p style="text-align: justify;">June 2: Guheshwori Merchant Banking and Finance has appointed NIBL Capital Market as its issue manager. As per the Finance Company, it appointed the issue manager to manage its 1973,928.77 units of right shares. Both institutions signed a memorandum of understanding (MoU) regarding the matter as per the provision of Company Act 2063 section 32 (2), said the company in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-02',
			'modified' => '2017-06-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5770',
			'image' => '20170602105753_guheshwori.jpg',
			'article_date' => '2017-06-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5984',
			'article_category_id' => '1',
			'title' => 'Qatar Airways Offers Iftar Boxes on Ramadan',
			'sub_title' => '',
			'summary' => 'June 1: Qatar Airways has offered an Iftar meal box “infused with a traditional Middle Eastern twist” to the passengers who fast during the holy month of Ramadan.',
			'content' => '<p style="text-align: justify;">June 1: Qatar Airways has offered an Iftar meal box &ldquo;infused with a traditional Middle Eastern twist&rdquo; to the passengers who fast during the holy month of Ramadan.</p>

<p style="text-align: justify;">The airline&rsquo;s Iftar boxes feature a &ldquo;creatively-designed&rdquo; Ramadan Kareem logo extending best wishes to all passengers during the holy month, said the company in a press statement.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5769',
			'image' => '20170601022056_qatar.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5983',
			'article_category_id' => '1',
			'title' => 'Classic Tech Solid Offer',
			'sub_title' => '',
			'summary' => 'June 1: Classic Tech with its network in 72 districts has announced a solid offer. The company announced a new offer in a bid to provide superior internet services at affordable price to the customers, said the company in a press statement.',
			'content' => '<p style="text-align: justify;">June 1: Classic Tech with its network in 72 districts has announced a solid offer. The company announced a new offer in a bid to provide superior internet services at affordable price to the customers, said the company in a press statement.</p>

<p style="text-align: justify;">Under the offer, upon installation of new internet, the annual customers will be provided 3Mbps data at Rs 1099 per month, 6Mbps data at Rs 1299 per month and 12Mbps unlimited at Rs 1699 per month.</p>

<p style="text-align: justify;">Moreover, the customers will be provided free WiFi router and installation, reads the statement.</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5768',
			'image' => '20170601021326_classic tech.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5982',
			'article_category_id' => '1',
			'title' => 'Mahindra KUV 100 in Nepali Market',
			'sub_title' => '',
			'summary' => 'June 1: Agni Incorporated, the authorized distributor of Mahindra vehicle for Nepal has rolled out Mahindra KUV 100 compact SUV in the Nepali market.',
			'content' => '<p style="text-align: justify;">June 1: Agni Incorporated, the authorized distributor of Mahindra vehicle for Nepal has rolled out Mahindra KUV 100 compact SUV in the Nepali market.</p>

<p style="text-align: justify;">&ldquo;The new KUV 100 comes with attractive SUV style. With a new premium and extra front space, the vehicle will be popular in the Nepali market,&rdquo; claimed the company.</p>

<p style="text-align: justify;">Moreover, the company believes that the superior design, comfortable, easy handling and a compact SUV at the price of a hatchback will surely gives a customer a satisfying feeling.</p>

<p style="text-align: justify;">The new KUV 100 is available in pearl white, aquamarine, dazzling silver, flamboyant red, ferry orange and designer grey, said the company.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5767',
			'image' => '20170601015922_mahindra.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
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simplexml_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