Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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			'id' => '5981',
			'article_category_id' => '1',
			'title' => 'Tata Exchange Offer Concludes',
			'sub_title' => '',
			'summary' => 'June 1: Sipradi Trading, the authorized distributor of Tata Motors for Nepal has concluded its exchange camp. The company organized the grand exchange offer since May 18.',
			'content' => '<p style="text-align: justify;">June 1: Sipradi Trading, the authorized distributor of Tata Motors for Nepal has concluded its exchange camp. The company organized the grand exchange offer since May 18.</p>

<p style="text-align: justify;">The camp designated to provide accurate exchange value and superior services was organized in Birgunj, Jawalakhel, Butwal, Thapathali and Naxal of Kathmandu and Narayanghat.</p>

<p style="text-align: justify;">In the camp, vehicle of any brand could be exchanged with Tata Zest, Bolt, Tiago, Strome and Sumo. &nbsp;</p>
',
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			'created' => '2017-06-01',
			'modified' => '2017-06-01',
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			'description' => '',
			'sortorder' => '5766',
			'image' => '20170601013759_tata.jpg',
			'article_date' => '2017-06-01 00:00:00',
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			'id' => '5980',
			'article_category_id' => '1',
			'title' => 'ADB Expands Advance Banking Services Nationwide',
			'sub_title' => '',
			'summary' => 'June 1: Agricultural Development Bank is expanding advance technology based banking services in all 75 districts of the country. Under the advance banking services, the bank has availed SMS and mobile banking services along with Visa Card services to its customers.',
			'content' => '<p style="text-align: justify;">June 1: Agricultural Development Bank is expanding advance technology based banking services in all 75 districts of the country. Under the advance banking services, the bank has availed SMS and mobile banking services along with Visa Card services to its customers.</p>

<p style="text-align: justify;">The bank, with a majority share holding of the government, is providing decent interest rate to its customers in saving accounts. Moreover, the bank has launched &lsquo;Employee Provident Fund Saving Account&rsquo; for the employees working in various organizations.&nbsp;</p>
',
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			'created' => '2017-06-01',
			'modified' => '2017-06-01',
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			'description' => '',
			'sortorder' => '5765',
			'image' => '20170601012420_adb.jpg',
			'article_date' => '2017-06-01 00:00:00',
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			'id' => '5979',
			'article_category_id' => '1',
			'title' => 'Century Bank to acquire Seti Finance',
			'sub_title' => '',
			'summary' => 'June 1: Century Commercial Bank is acquiring Seti Finance, headquartered at Tikapur of Kailali. Both institutions signed a memorandum of understanding (MoU) regarding the matter on May 31.',
			'content' => '<p style="text-align:justify">June 1: Century Commercial Bank is acquiring Seti Finance, headquartered at Tikapur of Kailali. Both institutions signed a memorandum of understanding (MoU) regarding the matter on May 31.</p>

<p style="text-align:justify">The finance having Rs 152.6 million paid-up capital earned Rs 15.4 million operating profit by the end of the third quarter of the current FY. Meanwhile, Century Bank is starting the joint transaction after acquiring Innovative Development Bank and Arniko Development Bank.&nbsp;</p>
',
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			'created' => '2017-06-01',
			'modified' => '2017-06-01',
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			'description' => '',
			'sortorder' => '5764',
			'image' => '20170601125932_censet.jpg',
			'article_date' => '2017-06-01 00:00:00',
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		'Article' => array(
			'id' => '5978',
			'article_category_id' => '1',
			'title' => 'Sunrise Bank’s Branch at Hetauda',
			'sub_title' => '',
			'summary' => 'June 1: Sunrise Bank has started a branch at Hetauda, Makwanpur. Dhananjay Sharma, Director of Nepal Rastra Bank, Birgunj and Hari Bahadur Mahat, Mayor of Hetauda Sub-Municipality jointly inaugurated the branch amid a program on May 31.',
			'content' => '<p style="text-align: justify;">June 1: Sunrise Bank has started a branch at Hetauda, Makwanpur. Dhananjay Sharma, Director of Nepal Rastra Bank, Birgunj and Hari Bahadur Mahat, Mayor of Hetauda Sub-Municipality jointly inaugurated the branch amid a program on May 31.</p>

<p style="text-align: justify;">&nbsp;&ldquo;After acquiring Narayani National Finance, Sunrise Bank had two branches in Narayangadh. Out of the two branches, it transferred a branch to Hetauda,&rdquo; said Ratna Raj Bajracharya, CEO of the bank.</p>

<p style="text-align: justify;">According to Bajracharya, the branch will provide overall banking services including &nbsp;locker services to the customers. Presently, the bank is providing its services through 70 branches and 81 ATM outlets.</p>
',
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			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5763',
			'image' => '20170601125012_sunrise.jpg',
			'article_date' => '2017-06-01 00:00:00',
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		'Article' => array(
			'id' => '5977',
			'article_category_id' => '1',
			'title' => 'Jyoti Bikas Bank Opens Three Branches at Once',
			'sub_title' => '',
			'summary' => 'June 1: A national level development bank, Jyoti Bikas Bank has started three branches in a day. The bank opened branches at Jhumka of Sunsari, Birendranagar of Surkhet and Ghorahi of Dang.',
			'content' => '<p style="text-align: justify;">June 1: A national level development bank, Jyoti Bikas Bank has started three branches in a day. The bank opened branches at Jhumka of Sunsari, Birendranagar of Surkhet and Ghorahi of Dang.</p>

<p style="text-align: justify;">Ramu Poudel, Director of NRB, Biratnagar and Sagen Chaudhary, President of Jhumka Chamber of commerce jointly inaugurated the Jhumka Branch amid a program. Similarly, Birendranagar branch was jointly inaugurated by Prakash Adhikari, President of Surkhet Chamber of Commerce and Jagadishwor Prasad Adhikar, Director of the bank.</p>

<p style="text-align: justify;">Likewise, Ghorahi Branch was jointly inaugurated by Guru Prasad Poudel, Director of NRB, Nepalgunj, Hemraj Banjade, President of Dang Chamber of Commerce and Narayan Prasad Poudel, Director of the bank.</p>

<p style="text-align: justify;">With the additions, the bank is providing its services through 32 branches, one extension counter and 12 ATM outlets.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'sortorder' => '5762',
			'image' => '20170601123907_jyoti.jpg',
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			'id' => '5976',
			'article_category_id' => '1',
			'title' => 'Kumari Bank’s Employees Union Elects Pathak',
			'sub_title' => '',
			'summary' => 'June 1: A new leadership team has been unanimously elected in the employees’ union of Kumari Bank. The 3rd national convention of the union held on last Saturday, May 27 unanimously elected eleven members’ work committee under the leadership of Shiva Pathak.',
			'content' => '<p style="text-align:justify">June 1: A new leadership team has been unanimously elected in the employees&rsquo; union of Kumari Bank. The 3<sup>rd</sup> national convention of the union held on last Saturday, May 27 unanimously elected eleven members&rsquo; work committee under the leadership of Shiva Pathak.</p>

<p style="text-align:justify">Similarly, the convention elected Binod Mani Pokharel as vice-chairman, Sharad Dev Joshi as secretary general, Sudarshan Phuyal secretary and Himal Singh Basnet treasurer of the union.</p>

<p style="text-align:justify">Likewise, Surendra Raj Pandey, Damodar Prasad Upadhya, Rumi Karmacharya, Kavita GC, Bikram Niraula and Sanjay Pokharel have&nbsp;been elected members of the union.&nbsp;</p>
',
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			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5761',
			'image' => '20170601121929_kumari bank.jpg',
			'article_date' => '2017-06-01 00:00:00',
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			'id' => '5970',
			'article_category_id' => '1',
			'title' => 'Jet Airways and SCBNL in a Pact',
			'sub_title' => '',
			'summary' => 'May 31: Indian carrier Jet Airways has signed a Memorandum of Understanding (MoU) with Standard Chartered Bank Nepal Ltd (SCBNL) to offer the bank’s customers attractive discounts on fares for travel from Kathmandu to destinations in India, and beyond, over Mumbai and Delhi, on the airline’s direct network.',
			'content' => '<p style="text-align:justify">May 31: Indian carrier Jet Airways has signed a Memorandum of Understanding (MoU) with Standard Chartered Bank Nepal Ltd (SCBNL) to offer the bank&rsquo;s customers attractive discounts on fares for travel from Kathmandu to destinations in India, and beyond, over Mumbai and Delhi, on the airline&rsquo;s direct network.</p>

<p style="text-align:justify">According to the statement, the bank&rsquo;s priority account holders will get 15 percent discount on base fares. Similarly, all debit and credit card holders will get 10 percent discount on base fares.</p>

<p style="text-align:justify">&ldquo;The offer will be available only for the tickets booked through the airline&rsquo;s website,&rdquo; reads the statement.&nbsp;</p>
',
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			'sortorder' => '5760',
			'image' => '20170601112024_standard.jpg',
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			'id' => '5975',
			'article_category_id' => '1',
			'title' => 'Siddhartha Bank Opens Branch at Surkhet',
			'sub_title' => '',
			'summary' => 'June 1: Siddhartha Bank has started a branch at Surkhet. Hemanta Gyawali, Director of the bank inaugurated the branch amid a program on May 31. According to the bank, the branch will provide overall banking services. Presently, the bank is providing its services through 70 branches, two extension counters, 88 ATMs and 70 branchless banking units.',
			'content' => '<p style="text-align: justify;">June 1: Siddhartha Bank has started a branch at Surkhet. Hemanta Gyawali, Director of the bank inaugurated the branch amid a program on May 31. According to the bank, the branch will provide overall banking services. Presently, the bank is providing its services through 70 branches, two extension counters, 88 ATMs and 70 branchless banking units.</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5760',
			'image' => '20170601111907_siddhartha.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 8 => array(
		'Article' => array(
			'id' => '5974',
			'article_category_id' => '1',
			'title' => 'Growth Rate Target 7.2 per cent in 2017-18',
			'sub_title' => '',
			'summary' => 'May 31: The government has targeted an economic growth rate of 7.2 per cent in the coming fiscal year 2017-18.  Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, while presenting the budget for the next fiscal year, on May 29, announced that the coming fiscal year would be an entry point of economic growth.',
			'content' => '<p style="text-align: justify;">May 31: The government has targeted an economic growth rate of 7.2 per cent in the coming fiscal year 2017-18. &nbsp;Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, while presenting the budget for the next fiscal year, on May 29, announced that the coming fiscal year would be an entry point of economic growth.</p>

<p style="text-align: justify;">He said that inflation will also be limited to seven per cent. Mahara also mentioned that the new budget will create 400,000 new employment opportunities and one hundred thousand new self-employments.</p>

<p style="text-align: justify;">According to Former Finance Minister Dr. Ram Sharan Mahat, the government&#39;s target of economic growth seems easy technically but this can be very difficult from the practical point of view. He says that the reasons stated in the budget such as adequate monsoon rain and a situation where there will be no blockade cannot be taken as basis for higher economic growth. &quot;The government has not been able to demonstrate strong basis for sound economic growth,&quot; he mentioned.&nbsp;</p>

<p style="text-align: justify;">Former Minister Mahat said that favorable climate, availability of chemical fertilizers and hybrid seeds can help attain 6.5 per cent growth rate in the current fiscal year.</p>

<p style="text-align: justify;">Similarly, according to Finance Minister Mahara, improvement in power supply, increase in demand of construction as well as consumable materials will help attain 6.9 per cent growth that is more than the targeted 6.5 percent. He said that the annual budget in the previous year had predicted that there will be an inflation of 7.5 per cent this year, whereas in the coming FY, the inflation will be limited to seven per cent.&nbsp;&nbsp;</p>

<p style="text-align: justify;">Former Deputy Governor of Nepal Rastra Bank (NRB), Krishna Bahadur Manandhar assumed that the inflation rate will remain at seven percent in view of the current inflation trend. &quot;Decreasing interest rates and lowering inflation in Indian market will also help Nepal to achieve this target,&quot; said Manandhar. Minister Mahara emphasized that economic growth will contribute to improving the lifestyle of people and also bring improvement in the Human Development Index (HDI).</p>

<p style="text-align: justify;">In the FY 2016/2017, the economic growth rate of Nepal went down to the lowest in 14 years whereas the target was for six per cent.&nbsp; Prior to this, during insurgency period or in the year 2001/2002, the economic growth rate was 0.19 per cent.</p>

<p style="text-align: justify;">The government had a target of six per cent growth in the FY 2016/2017, but due to blockade and massive earthquake in 2015, the target could not be met in that year.</p>

<p style="text-align: justify;">Though the economic growth rate was 2.32 per cent in the year 2015/16, the target was set for six per cent which was unachievable. Every year, the current expenditure of the government is growing, whereas development expense is decreasing.</p>

<p style="text-align: justify;">On one hand, the proportion of development expenses is decreasing and on the other hand, the allocated expenses are also being spent quite less. According to the statistics from the Ministry of Finance, in the duration of the last 10 years, the average economic growth is just 3.8 per cent. The minimum economic growth rate was 0.77 per cent to five per cent in the period since Nepal was declared a Republic till the implementation of the new constitution. However, during this period, the price inflation rate is seven per cent to 13 per cent.</p>

<p style="text-align: justify;">During the tenure of the late Prime Minister Girija Prasad Koirala in the FY 2006/2007, the target of economic growth was 5 per cent and price inflation rate was six per cent. During that period, the government achieved 5.8 per cent economic growth which was more than the target and the price inflation rate was 6.7 per cent which was slightly more than the government&#39;s target.</p>

<p style="text-align: justify;">During Prime Minister Pushpa Kamal Dahal&#39;s first tenure when Baburam Bhattarai&nbsp; was the finance minister in FY 2007/2008, the economic growth rate was only 3.9 per cent while the target was seven per cent.</p>

<p style="text-align: justify;">During the tenure of Madhav Kumar Nepal in 2008/2009, the economic growth rate was 4.3 per cent while the target was of 6.5 per cent. Similarly, during the tenure of Jhalanath Khanal as Prime Minister, the target was set for five percent but the government could only achieve 3.8 per cent of economic growth.</p>

<p style="text-align: justify;">During the tenure of Prime Minister Baburam Bhattarai in FY 2009/2010, when Barshaman Pun was the Finance Minister, the target for economic growth was five percent. Though the target could not be met, the economy saw a growth after two years which was 4.6 per cent.</p>

<p style="text-align: justify;">In 2010/2011, during the tenure of PM Baburam Bhattarai, the government targeted the economic growth rate of 5.5 per cent. However, due to political disturbance, the budget could not come in time and the government could not meet the target.</p>

<p style="text-align: justify;">Similarly, during the government of Khil Raj Regmi as Chairman of the Council of Ministers in FY 2014-15, the government could only reach the target of 4.8 per cent economic growth instead of the target which was 5.5 per cent.</p>

<p style="text-align: justify;">During the tenure of Sushil Koirala as prime minister in 2015/2016, Finance Minister Ram Sharan Mahat achieved only the growth rate of 2.32 per cent which was far less than the target of six per cent.</p>
',
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			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5759',
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		'Article' => array(
			'id' => '5973',
			'article_category_id' => '1',
			'title' => 'RP Bakery Awarded National Healthy Food Certificate',
			'sub_title' => '',
			'summary' => 'May 31: RP Bakery, a bakery product manufacturer company under ‘Ramro’ brand has been provided National Healthy Food Safety Certificate. The certificate was provided by Department of Food Technology and Quality Control under the Ministry of Agricultural Development on the occasion of 9th National Food Safety Day-2017. The bakery stood second place in the same platform on 2012.',
			'content' => '<p style="text-align: justify;">May 31: RP Bakery, a bakery product manufacturer company under &lsquo;Ramro&rsquo; brand has been provided National Healthy Food Safety Certificate. The certificate was provided by Department of Food Technology and Quality Control under the Ministry of Agricultural Development on the occasion of 9<sup>th</sup> National Food Safety Day-2017. The bakery stood second place in the same platform on 2012.</p>

<p style="text-align: justify;">The honor has encouraged the bakery to maintain the quality of its product and to meet the responsibility of serving superior products its customers, said Aaditya Agrawal, Director of the bakery.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5758',
			'image' => '20170531014253_ramro.jpg',
			'article_date' => '2017-05-31 00:00:00',
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		'Article' => array(
			'id' => '5972',
			'article_category_id' => '1',
			'title' => 'Garima Bikas Opens Branch in Chabahil',
			'sub_title' => '',
			'summary' => 'May 31: Garima Bikas Bank, headquartered at Lazimpat, Kathmandu has opened a new branch at Chabahil, Kathmandu. The bank inaugurated the branch amid a program on May 30.',
			'content' => '<p style="text-align: justify;">May 31: Garima Bikas Bank, headquartered at Lazimpat, Kathmandu has opened a new branch at Chabahil, Kathmandu. The bank inaugurated the branch amid a program on May 30.</p>

<p style="text-align: justify;">Garima after acquiring Nilgiri Bikas Bank, headquartered at Myagdi and Suvechya Bikas Bank, headquartered at Chitwan is aggressively expanding its network in the market. Presently, the bank is providing its services through 45 branches.&nbsp;</p>
',
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			'created' => '2017-05-31',
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			'keywords' => '',
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			'sortorder' => '5757',
			'image' => '20170531124029_garima.jpg',
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		'Article' => array(
			'id' => '5971',
			'article_category_id' => '1',
			'title' => 'Sindhu Bikas Financial literacy Campaign',
			'sub_title' => '',
			'summary' => 'May 31: Sindhu Bikas Bank, Khadichaur has organized a financial literacy campaign in Lisankhu of Sindhupalchowk and various schools of Sunkoshi Rural Municipality. The campaign which was organized with a slogan ‘Sunaulo Bhabisyaka Lagi Bachat’ was participated by students and people of local area. In the campaign, Ratan Pradhan, bra',
			'content' => '<p style="text-align: justify;">May 31: Sindhu Bikas Bank, Khadichaur has organized a financial literacy campaign in Lisankhu of Sindhupalchowk and various schools of Sunkoshi Rural Municipality. The campaign which was organized with a slogan &lsquo;Sunaulo Bhabisyaka Lagi Bachat&rsquo; was participated by students and people of local area. In the campaign, Ratan Pradhan, branch manager of the Khadichaur informed the participants about banking services and direct benefits of banking accessibility.&nbsp;</p>
',
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			'created' => '2017-05-31',
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			'sortorder' => '5756',
			'image' => '20170531122432_sindhu.jpg',
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		'Article' => array(
			'id' => '5969',
			'article_category_id' => '1',
			'title' => 'Mahindra Exchange camp',
			'sub_title' => '',
			'summary' => 'May 31: Agni Moto Inc, the authorised distributor of Mahindra two-wheelers, has announced ‘Mahindra Two-Wheeler Exchange Camp’.  Issuing a press statement, the company said that the customers can exchange any two-wheelers in the camp. The exchange camp started from Tuesday to June 1 at its Teku showroom.',
			'content' => '<p style="text-align: justify;">May 31: Agni Moto Inc, the authorised distributor of Mahindra two-wheelers, has announced &lsquo;Mahindra Two-Wheeler Exchange Camp&rsquo;.&nbsp; Issuing a press statement, the company said that the customers can exchange any two-wheelers in the camp. The exchange camp started from Tuesday to June 1 at its Teku showroom.</p>

<p style="text-align: justify;">Moreover, the customers who exchanged their two-wheelers would also be eligible to participate in &lsquo;400 per cent bonus cash back&rsquo; scheme. Under the scheme, customers get an opportunity to win 400 percent cash back bonus.&nbsp; &nbsp;</p>
',
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			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5754',
			'image' => '20170531112542_mahindra.jpg',
			'article_date' => '2017-05-31 00:00:00',
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			'id' => '5968',
			'article_category_id' => '1',
			'title' => 'Global IME announces Aakanshya scholarship',
			'sub_title' => '',
			'summary' => 'May 30:  Global IME Bank has announces ‘IME Global IME Aakanshya Scholarship’ for the academic year 2073 BS. In a bid to fulfill desire of students of their bright future, the bank announced the program in collaboration with Higher Institutions and Secondary Schools Association Nepal (HISSAN) and Private and Boarding Schools Organisation Nepal (PABSON).',
			'content' => '<p style="text-align: justify;">May 30:&nbsp; Global IME Bank has announces &lsquo;IME Global IME Aakanshya Scholarship&rsquo; for the academic year 2073 BS. In a bid to fulfill desire of students of their bright future, the bank announced the program in collaboration with Higher Institutions and Secondary Schools Association Nepal (HISSAN) and Private and Boarding Schools Organisation Nepal (PABSON).</p>

<p style="text-align: justify;">The scholarship announcement program was participated by Chandra Prasad Dhakal, Chairman of IME Group, Anil Gyawali, CEO of Global IME, Suman Pokharel, CEO of IME Ltd, Bijay Sambhaafe, Chairman of PABSON and Dr Swagat Shrestha, Vice President of HISSAN.</p>

<p style="text-align: justify;">&ldquo;IME and Global IME Bank jointly announced the scholarship under their corporate social responsibility,&rdquo; said Dhakal, Chairman of IME Group and Vice-President of Federation of Nepalese Chamber of Commerce and Industries (FNCCI). The scholarship has been provided on the basis of scholarship applications submitted by talented but financially week students of standard 1-11 in public, private and community schools. The scholarship fund having Rs 1 million balance was announced last year.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5753',
			'image' => '20170531111414_global ime.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
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			'id' => '5967',
			'article_category_id' => '1',
			'title' => 'Hotelier Shrestha Passes Away',
			'sub_title' => '',
			'summary' => 'May 30: Veteran hotelier and tourism entrepreneur B K Shrestha has passed away at the age of 68. Shrestha who is the Managing Director of Radisson Hotel passed away on Tuesday morning at his residence.',
			'content' => '<p>May 30: Veteran hotelier and tourism entrepreneur B K Shrestha has passed away at the age of 68. Shrestha who is the Managing Director of Radisson Hotel passed away on Tuesday morning at his residence.</p>

<p>Shrestha who also was the President of Hotel Association Nepal (HAN) from 2014 to 2016 was suffering from lung cancer over the last few months. &nbsp;He is known for his four decades of contributions towards Nepali hotel and tourism industry. Founder of the Himalayan Travels and Tours, Shrestha is regarded for his role to commercialize the star hotel business in Nepal. He is survived by his wife and three daughters.&nbsp;</p>
',
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			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5752',
			'image' => '20170530043304_bk shrestha.jpg',
			'article_date' => '2017-05-30 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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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
//    $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';



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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5981',
			'article_category_id' => '1',
			'title' => 'Tata Exchange Offer Concludes',
			'sub_title' => '',
			'summary' => 'June 1: Sipradi Trading, the authorized distributor of Tata Motors for Nepal has concluded its exchange camp. The company organized the grand exchange offer since May 18.',
			'content' => '<p style="text-align: justify;">June 1: Sipradi Trading, the authorized distributor of Tata Motors for Nepal has concluded its exchange camp. The company organized the grand exchange offer since May 18.</p>

<p style="text-align: justify;">The camp designated to provide accurate exchange value and superior services was organized in Birgunj, Jawalakhel, Butwal, Thapathali and Naxal of Kathmandu and Narayanghat.</p>

<p style="text-align: justify;">In the camp, vehicle of any brand could be exchanged with Tata Zest, Bolt, Tiago, Strome and Sumo. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5766',
			'image' => '20170601013759_tata.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '5980',
			'article_category_id' => '1',
			'title' => 'ADB Expands Advance Banking Services Nationwide',
			'sub_title' => '',
			'summary' => 'June 1: Agricultural Development Bank is expanding advance technology based banking services in all 75 districts of the country. Under the advance banking services, the bank has availed SMS and mobile banking services along with Visa Card services to its customers.',
			'content' => '<p style="text-align: justify;">June 1: Agricultural Development Bank is expanding advance technology based banking services in all 75 districts of the country. Under the advance banking services, the bank has availed SMS and mobile banking services along with Visa Card services to its customers.</p>

<p style="text-align: justify;">The bank, with a majority share holding of the government, is providing decent interest rate to its customers in saving accounts. Moreover, the bank has launched &lsquo;Employee Provident Fund Saving Account&rsquo; for the employees working in various organizations.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5765',
			'image' => '20170601012420_adb.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'id' => '5979',
			'article_category_id' => '1',
			'title' => 'Century Bank to acquire Seti Finance',
			'sub_title' => '',
			'summary' => 'June 1: Century Commercial Bank is acquiring Seti Finance, headquartered at Tikapur of Kailali. Both institutions signed a memorandum of understanding (MoU) regarding the matter on May 31.',
			'content' => '<p style="text-align:justify">June 1: Century Commercial Bank is acquiring Seti Finance, headquartered at Tikapur of Kailali. Both institutions signed a memorandum of understanding (MoU) regarding the matter on May 31.</p>

<p style="text-align:justify">The finance having Rs 152.6 million paid-up capital earned Rs 15.4 million operating profit by the end of the third quarter of the current FY. Meanwhile, Century Bank is starting the joint transaction after acquiring Innovative Development Bank and Arniko Development Bank.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5764',
			'image' => '20170601125932_censet.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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		'Article' => array(
			'id' => '5978',
			'article_category_id' => '1',
			'title' => 'Sunrise Bank’s Branch at Hetauda',
			'sub_title' => '',
			'summary' => 'June 1: Sunrise Bank has started a branch at Hetauda, Makwanpur. Dhananjay Sharma, Director of Nepal Rastra Bank, Birgunj and Hari Bahadur Mahat, Mayor of Hetauda Sub-Municipality jointly inaugurated the branch amid a program on May 31.',
			'content' => '<p style="text-align: justify;">June 1: Sunrise Bank has started a branch at Hetauda, Makwanpur. Dhananjay Sharma, Director of Nepal Rastra Bank, Birgunj and Hari Bahadur Mahat, Mayor of Hetauda Sub-Municipality jointly inaugurated the branch amid a program on May 31.</p>

<p style="text-align: justify;">&nbsp;&ldquo;After acquiring Narayani National Finance, Sunrise Bank had two branches in Narayangadh. Out of the two branches, it transferred a branch to Hetauda,&rdquo; said Ratna Raj Bajracharya, CEO of the bank.</p>

<p style="text-align: justify;">According to Bajracharya, the branch will provide overall banking services including &nbsp;locker services to the customers. Presently, the bank is providing its services through 70 branches and 81 ATM outlets.</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5763',
			'image' => '20170601125012_sunrise.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 4 => array(
		'Article' => array(
			'id' => '5977',
			'article_category_id' => '1',
			'title' => 'Jyoti Bikas Bank Opens Three Branches at Once',
			'sub_title' => '',
			'summary' => 'June 1: A national level development bank, Jyoti Bikas Bank has started three branches in a day. The bank opened branches at Jhumka of Sunsari, Birendranagar of Surkhet and Ghorahi of Dang.',
			'content' => '<p style="text-align: justify;">June 1: A national level development bank, Jyoti Bikas Bank has started three branches in a day. The bank opened branches at Jhumka of Sunsari, Birendranagar of Surkhet and Ghorahi of Dang.</p>

<p style="text-align: justify;">Ramu Poudel, Director of NRB, Biratnagar and Sagen Chaudhary, President of Jhumka Chamber of commerce jointly inaugurated the Jhumka Branch amid a program. Similarly, Birendranagar branch was jointly inaugurated by Prakash Adhikari, President of Surkhet Chamber of Commerce and Jagadishwor Prasad Adhikar, Director of the bank.</p>

<p style="text-align: justify;">Likewise, Ghorahi Branch was jointly inaugurated by Guru Prasad Poudel, Director of NRB, Nepalgunj, Hemraj Banjade, President of Dang Chamber of Commerce and Narayan Prasad Poudel, Director of the bank.</p>

<p style="text-align: justify;">With the additions, the bank is providing its services through 32 branches, one extension counter and 12 ATM outlets.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5762',
			'image' => '20170601123907_jyoti.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '5976',
			'article_category_id' => '1',
			'title' => 'Kumari Bank’s Employees Union Elects Pathak',
			'sub_title' => '',
			'summary' => 'June 1: A new leadership team has been unanimously elected in the employees’ union of Kumari Bank. The 3rd national convention of the union held on last Saturday, May 27 unanimously elected eleven members’ work committee under the leadership of Shiva Pathak.',
			'content' => '<p style="text-align:justify">June 1: A new leadership team has been unanimously elected in the employees&rsquo; union of Kumari Bank. The 3<sup>rd</sup> national convention of the union held on last Saturday, May 27 unanimously elected eleven members&rsquo; work committee under the leadership of Shiva Pathak.</p>

<p style="text-align:justify">Similarly, the convention elected Binod Mani Pokharel as vice-chairman, Sharad Dev Joshi as secretary general, Sudarshan Phuyal secretary and Himal Singh Basnet treasurer of the union.</p>

<p style="text-align:justify">Likewise, Surendra Raj Pandey, Damodar Prasad Upadhya, Rumi Karmacharya, Kavita GC, Bikram Niraula and Sanjay Pokharel have&nbsp;been elected members of the union.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5761',
			'image' => '20170601121929_kumari bank.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 6 => array(
		'Article' => array(
			'id' => '5970',
			'article_category_id' => '1',
			'title' => 'Jet Airways and SCBNL in a Pact',
			'sub_title' => '',
			'summary' => 'May 31: Indian carrier Jet Airways has signed a Memorandum of Understanding (MoU) with Standard Chartered Bank Nepal Ltd (SCBNL) to offer the bank’s customers attractive discounts on fares for travel from Kathmandu to destinations in India, and beyond, over Mumbai and Delhi, on the airline’s direct network.',
			'content' => '<p style="text-align:justify">May 31: Indian carrier Jet Airways has signed a Memorandum of Understanding (MoU) with Standard Chartered Bank Nepal Ltd (SCBNL) to offer the bank&rsquo;s customers attractive discounts on fares for travel from Kathmandu to destinations in India, and beyond, over Mumbai and Delhi, on the airline&rsquo;s direct network.</p>

<p style="text-align:justify">According to the statement, the bank&rsquo;s priority account holders will get 15 percent discount on base fares. Similarly, all debit and credit card holders will get 10 percent discount on base fares.</p>

<p style="text-align:justify">&ldquo;The offer will be available only for the tickets booked through the airline&rsquo;s website,&rdquo; reads the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5760',
			'image' => '20170601112024_standard.jpg',
			'article_date' => '2017-05-31 00:00:00',
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		'Article' => array(
			'id' => '5975',
			'article_category_id' => '1',
			'title' => 'Siddhartha Bank Opens Branch at Surkhet',
			'sub_title' => '',
			'summary' => 'June 1: Siddhartha Bank has started a branch at Surkhet. Hemanta Gyawali, Director of the bank inaugurated the branch amid a program on May 31. According to the bank, the branch will provide overall banking services. Presently, the bank is providing its services through 70 branches, two extension counters, 88 ATMs and 70 branchless banking units.',
			'content' => '<p style="text-align: justify;">June 1: Siddhartha Bank has started a branch at Surkhet. Hemanta Gyawali, Director of the bank inaugurated the branch amid a program on May 31. According to the bank, the branch will provide overall banking services. Presently, the bank is providing its services through 70 branches, two extension counters, 88 ATMs and 70 branchless banking units.</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5760',
			'image' => '20170601111907_siddhartha.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 8 => array(
		'Article' => array(
			'id' => '5974',
			'article_category_id' => '1',
			'title' => 'Growth Rate Target 7.2 per cent in 2017-18',
			'sub_title' => '',
			'summary' => 'May 31: The government has targeted an economic growth rate of 7.2 per cent in the coming fiscal year 2017-18.  Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, while presenting the budget for the next fiscal year, on May 29, announced that the coming fiscal year would be an entry point of economic growth.',
			'content' => '<p style="text-align: justify;">May 31: The government has targeted an economic growth rate of 7.2 per cent in the coming fiscal year 2017-18. &nbsp;Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, while presenting the budget for the next fiscal year, on May 29, announced that the coming fiscal year would be an entry point of economic growth.</p>

<p style="text-align: justify;">He said that inflation will also be limited to seven per cent. Mahara also mentioned that the new budget will create 400,000 new employment opportunities and one hundred thousand new self-employments.</p>

<p style="text-align: justify;">According to Former Finance Minister Dr. Ram Sharan Mahat, the government&#39;s target of economic growth seems easy technically but this can be very difficult from the practical point of view. He says that the reasons stated in the budget such as adequate monsoon rain and a situation where there will be no blockade cannot be taken as basis for higher economic growth. &quot;The government has not been able to demonstrate strong basis for sound economic growth,&quot; he mentioned.&nbsp;</p>

<p style="text-align: justify;">Former Minister Mahat said that favorable climate, availability of chemical fertilizers and hybrid seeds can help attain 6.5 per cent growth rate in the current fiscal year.</p>

<p style="text-align: justify;">Similarly, according to Finance Minister Mahara, improvement in power supply, increase in demand of construction as well as consumable materials will help attain 6.9 per cent growth that is more than the targeted 6.5 percent. He said that the annual budget in the previous year had predicted that there will be an inflation of 7.5 per cent this year, whereas in the coming FY, the inflation will be limited to seven per cent.&nbsp;&nbsp;</p>

<p style="text-align: justify;">Former Deputy Governor of Nepal Rastra Bank (NRB), Krishna Bahadur Manandhar assumed that the inflation rate will remain at seven percent in view of the current inflation trend. &quot;Decreasing interest rates and lowering inflation in Indian market will also help Nepal to achieve this target,&quot; said Manandhar. Minister Mahara emphasized that economic growth will contribute to improving the lifestyle of people and also bring improvement in the Human Development Index (HDI).</p>

<p style="text-align: justify;">In the FY 2016/2017, the economic growth rate of Nepal went down to the lowest in 14 years whereas the target was for six per cent.&nbsp; Prior to this, during insurgency period or in the year 2001/2002, the economic growth rate was 0.19 per cent.</p>

<p style="text-align: justify;">The government had a target of six per cent growth in the FY 2016/2017, but due to blockade and massive earthquake in 2015, the target could not be met in that year.</p>

<p style="text-align: justify;">Though the economic growth rate was 2.32 per cent in the year 2015/16, the target was set for six per cent which was unachievable. Every year, the current expenditure of the government is growing, whereas development expense is decreasing.</p>

<p style="text-align: justify;">On one hand, the proportion of development expenses is decreasing and on the other hand, the allocated expenses are also being spent quite less. According to the statistics from the Ministry of Finance, in the duration of the last 10 years, the average economic growth is just 3.8 per cent. The minimum economic growth rate was 0.77 per cent to five per cent in the period since Nepal was declared a Republic till the implementation of the new constitution. However, during this period, the price inflation rate is seven per cent to 13 per cent.</p>

<p style="text-align: justify;">During the tenure of the late Prime Minister Girija Prasad Koirala in the FY 2006/2007, the target of economic growth was 5 per cent and price inflation rate was six per cent. During that period, the government achieved 5.8 per cent economic growth which was more than the target and the price inflation rate was 6.7 per cent which was slightly more than the government&#39;s target.</p>

<p style="text-align: justify;">During Prime Minister Pushpa Kamal Dahal&#39;s first tenure when Baburam Bhattarai&nbsp; was the finance minister in FY 2007/2008, the economic growth rate was only 3.9 per cent while the target was seven per cent.</p>

<p style="text-align: justify;">During the tenure of Madhav Kumar Nepal in 2008/2009, the economic growth rate was 4.3 per cent while the target was of 6.5 per cent. Similarly, during the tenure of Jhalanath Khanal as Prime Minister, the target was set for five percent but the government could only achieve 3.8 per cent of economic growth.</p>

<p style="text-align: justify;">During the tenure of Prime Minister Baburam Bhattarai in FY 2009/2010, when Barshaman Pun was the Finance Minister, the target for economic growth was five percent. Though the target could not be met, the economy saw a growth after two years which was 4.6 per cent.</p>

<p style="text-align: justify;">In 2010/2011, during the tenure of PM Baburam Bhattarai, the government targeted the economic growth rate of 5.5 per cent. However, due to political disturbance, the budget could not come in time and the government could not meet the target.</p>

<p style="text-align: justify;">Similarly, during the government of Khil Raj Regmi as Chairman of the Council of Ministers in FY 2014-15, the government could only reach the target of 4.8 per cent economic growth instead of the target which was 5.5 per cent.</p>

<p style="text-align: justify;">During the tenure of Sushil Koirala as prime minister in 2015/2016, Finance Minister Ram Sharan Mahat achieved only the growth rate of 2.32 per cent which was far less than the target of six per cent.</p>
',
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		'Article' => array(
			'id' => '5973',
			'article_category_id' => '1',
			'title' => 'RP Bakery Awarded National Healthy Food Certificate',
			'sub_title' => '',
			'summary' => 'May 31: RP Bakery, a bakery product manufacturer company under ‘Ramro’ brand has been provided National Healthy Food Safety Certificate. The certificate was provided by Department of Food Technology and Quality Control under the Ministry of Agricultural Development on the occasion of 9th National Food Safety Day-2017. The bakery stood second place in the same platform on 2012.',
			'content' => '<p style="text-align: justify;">May 31: RP Bakery, a bakery product manufacturer company under &lsquo;Ramro&rsquo; brand has been provided National Healthy Food Safety Certificate. The certificate was provided by Department of Food Technology and Quality Control under the Ministry of Agricultural Development on the occasion of 9<sup>th</sup> National Food Safety Day-2017. The bakery stood second place in the same platform on 2012.</p>

<p style="text-align: justify;">The honor has encouraged the bakery to maintain the quality of its product and to meet the responsibility of serving superior products its customers, said Aaditya Agrawal, Director of the bakery.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5758',
			'image' => '20170531014253_ramro.jpg',
			'article_date' => '2017-05-31 00:00:00',
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		'Article' => array(
			'id' => '5972',
			'article_category_id' => '1',
			'title' => 'Garima Bikas Opens Branch in Chabahil',
			'sub_title' => '',
			'summary' => 'May 31: Garima Bikas Bank, headquartered at Lazimpat, Kathmandu has opened a new branch at Chabahil, Kathmandu. The bank inaugurated the branch amid a program on May 30.',
			'content' => '<p style="text-align: justify;">May 31: Garima Bikas Bank, headquartered at Lazimpat, Kathmandu has opened a new branch at Chabahil, Kathmandu. The bank inaugurated the branch amid a program on May 30.</p>

<p style="text-align: justify;">Garima after acquiring Nilgiri Bikas Bank, headquartered at Myagdi and Suvechya Bikas Bank, headquartered at Chitwan is aggressively expanding its network in the market. Presently, the bank is providing its services through 45 branches.&nbsp;</p>
',
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			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5757',
			'image' => '20170531124029_garima.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5971',
			'article_category_id' => '1',
			'title' => 'Sindhu Bikas Financial literacy Campaign',
			'sub_title' => '',
			'summary' => 'May 31: Sindhu Bikas Bank, Khadichaur has organized a financial literacy campaign in Lisankhu of Sindhupalchowk and various schools of Sunkoshi Rural Municipality. The campaign which was organized with a slogan ‘Sunaulo Bhabisyaka Lagi Bachat’ was participated by students and people of local area. In the campaign, Ratan Pradhan, bra',
			'content' => '<p style="text-align: justify;">May 31: Sindhu Bikas Bank, Khadichaur has organized a financial literacy campaign in Lisankhu of Sindhupalchowk and various schools of Sunkoshi Rural Municipality. The campaign which was organized with a slogan &lsquo;Sunaulo Bhabisyaka Lagi Bachat&rsquo; was participated by students and people of local area. In the campaign, Ratan Pradhan, branch manager of the Khadichaur informed the participants about banking services and direct benefits of banking accessibility.&nbsp;</p>
',
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			'created' => '2017-05-31',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '5756',
			'image' => '20170531122432_sindhu.jpg',
			'article_date' => '2017-05-31 00:00:00',
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			'id' => '5969',
			'article_category_id' => '1',
			'title' => 'Mahindra Exchange camp',
			'sub_title' => '',
			'summary' => 'May 31: Agni Moto Inc, the authorised distributor of Mahindra two-wheelers, has announced ‘Mahindra Two-Wheeler Exchange Camp’.  Issuing a press statement, the company said that the customers can exchange any two-wheelers in the camp. The exchange camp started from Tuesday to June 1 at its Teku showroom.',
			'content' => '<p style="text-align: justify;">May 31: Agni Moto Inc, the authorised distributor of Mahindra two-wheelers, has announced &lsquo;Mahindra Two-Wheeler Exchange Camp&rsquo;.&nbsp; Issuing a press statement, the company said that the customers can exchange any two-wheelers in the camp. The exchange camp started from Tuesday to June 1 at its Teku showroom.</p>

<p style="text-align: justify;">Moreover, the customers who exchanged their two-wheelers would also be eligible to participate in &lsquo;400 per cent bonus cash back&rsquo; scheme. Under the scheme, customers get an opportunity to win 400 percent cash back bonus.&nbsp; &nbsp;</p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '5754',
			'image' => '20170531112542_mahindra.jpg',
			'article_date' => '2017-05-31 00:00:00',
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			'id' => '5968',
			'article_category_id' => '1',
			'title' => 'Global IME announces Aakanshya scholarship',
			'sub_title' => '',
			'summary' => 'May 30:  Global IME Bank has announces ‘IME Global IME Aakanshya Scholarship’ for the academic year 2073 BS. In a bid to fulfill desire of students of their bright future, the bank announced the program in collaboration with Higher Institutions and Secondary Schools Association Nepal (HISSAN) and Private and Boarding Schools Organisation Nepal (PABSON).',
			'content' => '<p style="text-align: justify;">May 30:&nbsp; Global IME Bank has announces &lsquo;IME Global IME Aakanshya Scholarship&rsquo; for the academic year 2073 BS. In a bid to fulfill desire of students of their bright future, the bank announced the program in collaboration with Higher Institutions and Secondary Schools Association Nepal (HISSAN) and Private and Boarding Schools Organisation Nepal (PABSON).</p>

<p style="text-align: justify;">The scholarship announcement program was participated by Chandra Prasad Dhakal, Chairman of IME Group, Anil Gyawali, CEO of Global IME, Suman Pokharel, CEO of IME Ltd, Bijay Sambhaafe, Chairman of PABSON and Dr Swagat Shrestha, Vice President of HISSAN.</p>

<p style="text-align: justify;">&ldquo;IME and Global IME Bank jointly announced the scholarship under their corporate social responsibility,&rdquo; said Dhakal, Chairman of IME Group and Vice-President of Federation of Nepalese Chamber of Commerce and Industries (FNCCI). The scholarship has been provided on the basis of scholarship applications submitted by talented but financially week students of standard 1-11 in public, private and community schools. The scholarship fund having Rs 1 million balance was announced last year.&nbsp;</p>
',
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			'created' => '2017-05-31',
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			'keywords' => '',
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			'sortorder' => '5753',
			'image' => '20170531111414_global ime.jpg',
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			'id' => '5967',
			'article_category_id' => '1',
			'title' => 'Hotelier Shrestha Passes Away',
			'sub_title' => '',
			'summary' => 'May 30: Veteran hotelier and tourism entrepreneur B K Shrestha has passed away at the age of 68. Shrestha who is the Managing Director of Radisson Hotel passed away on Tuesday morning at his residence.',
			'content' => '<p>May 30: Veteran hotelier and tourism entrepreneur B K Shrestha has passed away at the age of 68. Shrestha who is the Managing Director of Radisson Hotel passed away on Tuesday morning at his residence.</p>

<p>Shrestha who also was the President of Hotel Association Nepal (HAN) from 2014 to 2016 was suffering from lung cancer over the last few months. &nbsp;He is known for his four decades of contributions towards Nepali hotel and tourism industry. Founder of the Himalayan Travels and Tours, Shrestha is regarded for his role to commercialize the star hotel business in Nepal. He is survived by his wife and three daughters.&nbsp;</p>
',
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			'sortorder' => '5752',
			'image' => '20170530043304_bk shrestha.jpg',
			'article_date' => '2017-05-30 00:00:00',
			'homepage' => false,
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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'
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		'Article' => array(
			'id' => '5981',
			'article_category_id' => '1',
			'title' => 'Tata Exchange Offer Concludes',
			'sub_title' => '',
			'summary' => 'June 1: Sipradi Trading, the authorized distributor of Tata Motors for Nepal has concluded its exchange camp. The company organized the grand exchange offer since May 18.',
			'content' => '<p style="text-align: justify;">June 1: Sipradi Trading, the authorized distributor of Tata Motors for Nepal has concluded its exchange camp. The company organized the grand exchange offer since May 18.</p>

<p style="text-align: justify;">The camp designated to provide accurate exchange value and superior services was organized in Birgunj, Jawalakhel, Butwal, Thapathali and Naxal of Kathmandu and Narayanghat.</p>

<p style="text-align: justify;">In the camp, vehicle of any brand could be exchanged with Tata Zest, Bolt, Tiago, Strome and Sumo. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5766',
			'image' => '20170601013759_tata.jpg',
			'article_date' => '2017-06-01 00:00:00',
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		'Article' => array(
			'id' => '5980',
			'article_category_id' => '1',
			'title' => 'ADB Expands Advance Banking Services Nationwide',
			'sub_title' => '',
			'summary' => 'June 1: Agricultural Development Bank is expanding advance technology based banking services in all 75 districts of the country. Under the advance banking services, the bank has availed SMS and mobile banking services along with Visa Card services to its customers.',
			'content' => '<p style="text-align: justify;">June 1: Agricultural Development Bank is expanding advance technology based banking services in all 75 districts of the country. Under the advance banking services, the bank has availed SMS and mobile banking services along with Visa Card services to its customers.</p>

<p style="text-align: justify;">The bank, with a majority share holding of the government, is providing decent interest rate to its customers in saving accounts. Moreover, the bank has launched &lsquo;Employee Provident Fund Saving Account&rsquo; for the employees working in various organizations.&nbsp;</p>
',
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			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5765',
			'image' => '20170601012420_adb.jpg',
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			'id' => '5979',
			'article_category_id' => '1',
			'title' => 'Century Bank to acquire Seti Finance',
			'sub_title' => '',
			'summary' => 'June 1: Century Commercial Bank is acquiring Seti Finance, headquartered at Tikapur of Kailali. Both institutions signed a memorandum of understanding (MoU) regarding the matter on May 31.',
			'content' => '<p style="text-align:justify">June 1: Century Commercial Bank is acquiring Seti Finance, headquartered at Tikapur of Kailali. Both institutions signed a memorandum of understanding (MoU) regarding the matter on May 31.</p>

<p style="text-align:justify">The finance having Rs 152.6 million paid-up capital earned Rs 15.4 million operating profit by the end of the third quarter of the current FY. Meanwhile, Century Bank is starting the joint transaction after acquiring Innovative Development Bank and Arniko Development Bank.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5764',
			'image' => '20170601125932_censet.jpg',
			'article_date' => '2017-06-01 00:00:00',
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		'Article' => array(
			'id' => '5978',
			'article_category_id' => '1',
			'title' => 'Sunrise Bank’s Branch at Hetauda',
			'sub_title' => '',
			'summary' => 'June 1: Sunrise Bank has started a branch at Hetauda, Makwanpur. Dhananjay Sharma, Director of Nepal Rastra Bank, Birgunj and Hari Bahadur Mahat, Mayor of Hetauda Sub-Municipality jointly inaugurated the branch amid a program on May 31.',
			'content' => '<p style="text-align: justify;">June 1: Sunrise Bank has started a branch at Hetauda, Makwanpur. Dhananjay Sharma, Director of Nepal Rastra Bank, Birgunj and Hari Bahadur Mahat, Mayor of Hetauda Sub-Municipality jointly inaugurated the branch amid a program on May 31.</p>

<p style="text-align: justify;">&nbsp;&ldquo;After acquiring Narayani National Finance, Sunrise Bank had two branches in Narayangadh. Out of the two branches, it transferred a branch to Hetauda,&rdquo; said Ratna Raj Bajracharya, CEO of the bank.</p>

<p style="text-align: justify;">According to Bajracharya, the branch will provide overall banking services including &nbsp;locker services to the customers. Presently, the bank is providing its services through 70 branches and 81 ATM outlets.</p>
',
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			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5763',
			'image' => '20170601125012_sunrise.jpg',
			'article_date' => '2017-06-01 00:00:00',
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		'Article' => array(
			'id' => '5977',
			'article_category_id' => '1',
			'title' => 'Jyoti Bikas Bank Opens Three Branches at Once',
			'sub_title' => '',
			'summary' => 'June 1: A national level development bank, Jyoti Bikas Bank has started three branches in a day. The bank opened branches at Jhumka of Sunsari, Birendranagar of Surkhet and Ghorahi of Dang.',
			'content' => '<p style="text-align: justify;">June 1: A national level development bank, Jyoti Bikas Bank has started three branches in a day. The bank opened branches at Jhumka of Sunsari, Birendranagar of Surkhet and Ghorahi of Dang.</p>

<p style="text-align: justify;">Ramu Poudel, Director of NRB, Biratnagar and Sagen Chaudhary, President of Jhumka Chamber of commerce jointly inaugurated the Jhumka Branch amid a program. Similarly, Birendranagar branch was jointly inaugurated by Prakash Adhikari, President of Surkhet Chamber of Commerce and Jagadishwor Prasad Adhikar, Director of the bank.</p>

<p style="text-align: justify;">Likewise, Ghorahi Branch was jointly inaugurated by Guru Prasad Poudel, Director of NRB, Nepalgunj, Hemraj Banjade, President of Dang Chamber of Commerce and Narayan Prasad Poudel, Director of the bank.</p>

<p style="text-align: justify;">With the additions, the bank is providing its services through 32 branches, one extension counter and 12 ATM outlets.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'keywords' => '',
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			'sortorder' => '5762',
			'image' => '20170601123907_jyoti.jpg',
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		'Article' => array(
			'id' => '5976',
			'article_category_id' => '1',
			'title' => 'Kumari Bank’s Employees Union Elects Pathak',
			'sub_title' => '',
			'summary' => 'June 1: A new leadership team has been unanimously elected in the employees’ union of Kumari Bank. The 3rd national convention of the union held on last Saturday, May 27 unanimously elected eleven members’ work committee under the leadership of Shiva Pathak.',
			'content' => '<p style="text-align:justify">June 1: A new leadership team has been unanimously elected in the employees&rsquo; union of Kumari Bank. The 3<sup>rd</sup> national convention of the union held on last Saturday, May 27 unanimously elected eleven members&rsquo; work committee under the leadership of Shiva Pathak.</p>

<p style="text-align:justify">Similarly, the convention elected Binod Mani Pokharel as vice-chairman, Sharad Dev Joshi as secretary general, Sudarshan Phuyal secretary and Himal Singh Basnet treasurer of the union.</p>

<p style="text-align:justify">Likewise, Surendra Raj Pandey, Damodar Prasad Upadhya, Rumi Karmacharya, Kavita GC, Bikram Niraula and Sanjay Pokharel have&nbsp;been elected members of the union.&nbsp;</p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '5761',
			'image' => '20170601121929_kumari bank.jpg',
			'article_date' => '2017-06-01 00:00:00',
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			'id' => '5970',
			'article_category_id' => '1',
			'title' => 'Jet Airways and SCBNL in a Pact',
			'sub_title' => '',
			'summary' => 'May 31: Indian carrier Jet Airways has signed a Memorandum of Understanding (MoU) with Standard Chartered Bank Nepal Ltd (SCBNL) to offer the bank’s customers attractive discounts on fares for travel from Kathmandu to destinations in India, and beyond, over Mumbai and Delhi, on the airline’s direct network.',
			'content' => '<p style="text-align:justify">May 31: Indian carrier Jet Airways has signed a Memorandum of Understanding (MoU) with Standard Chartered Bank Nepal Ltd (SCBNL) to offer the bank&rsquo;s customers attractive discounts on fares for travel from Kathmandu to destinations in India, and beyond, over Mumbai and Delhi, on the airline&rsquo;s direct network.</p>

<p style="text-align:justify">According to the statement, the bank&rsquo;s priority account holders will get 15 percent discount on base fares. Similarly, all debit and credit card holders will get 10 percent discount on base fares.</p>

<p style="text-align:justify">&ldquo;The offer will be available only for the tickets booked through the airline&rsquo;s website,&rdquo; reads the statement.&nbsp;</p>
',
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			'created' => '2017-05-31',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5760',
			'image' => '20170601112024_standard.jpg',
			'article_date' => '2017-05-31 00:00:00',
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	(int) 7 => array(
		'Article' => array(
			'id' => '5975',
			'article_category_id' => '1',
			'title' => 'Siddhartha Bank Opens Branch at Surkhet',
			'sub_title' => '',
			'summary' => 'June 1: Siddhartha Bank has started a branch at Surkhet. Hemanta Gyawali, Director of the bank inaugurated the branch amid a program on May 31. According to the bank, the branch will provide overall banking services. Presently, the bank is providing its services through 70 branches, two extension counters, 88 ATMs and 70 branchless banking units.',
			'content' => '<p style="text-align: justify;">June 1: Siddhartha Bank has started a branch at Surkhet. Hemanta Gyawali, Director of the bank inaugurated the branch amid a program on May 31. According to the bank, the branch will provide overall banking services. Presently, the bank is providing its services through 70 branches, two extension counters, 88 ATMs and 70 branchless banking units.</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5760',
			'image' => '20170601111907_siddhartha.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 8 => array(
		'Article' => array(
			'id' => '5974',
			'article_category_id' => '1',
			'title' => 'Growth Rate Target 7.2 per cent in 2017-18',
			'sub_title' => '',
			'summary' => 'May 31: The government has targeted an economic growth rate of 7.2 per cent in the coming fiscal year 2017-18.  Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, while presenting the budget for the next fiscal year, on May 29, announced that the coming fiscal year would be an entry point of economic growth.',
			'content' => '<p style="text-align: justify;">May 31: The government has targeted an economic growth rate of 7.2 per cent in the coming fiscal year 2017-18. &nbsp;Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, while presenting the budget for the next fiscal year, on May 29, announced that the coming fiscal year would be an entry point of economic growth.</p>

<p style="text-align: justify;">He said that inflation will also be limited to seven per cent. Mahara also mentioned that the new budget will create 400,000 new employment opportunities and one hundred thousand new self-employments.</p>

<p style="text-align: justify;">According to Former Finance Minister Dr. Ram Sharan Mahat, the government&#39;s target of economic growth seems easy technically but this can be very difficult from the practical point of view. He says that the reasons stated in the budget such as adequate monsoon rain and a situation where there will be no blockade cannot be taken as basis for higher economic growth. &quot;The government has not been able to demonstrate strong basis for sound economic growth,&quot; he mentioned.&nbsp;</p>

<p style="text-align: justify;">Former Minister Mahat said that favorable climate, availability of chemical fertilizers and hybrid seeds can help attain 6.5 per cent growth rate in the current fiscal year.</p>

<p style="text-align: justify;">Similarly, according to Finance Minister Mahara, improvement in power supply, increase in demand of construction as well as consumable materials will help attain 6.9 per cent growth that is more than the targeted 6.5 percent. He said that the annual budget in the previous year had predicted that there will be an inflation of 7.5 per cent this year, whereas in the coming FY, the inflation will be limited to seven per cent.&nbsp;&nbsp;</p>

<p style="text-align: justify;">Former Deputy Governor of Nepal Rastra Bank (NRB), Krishna Bahadur Manandhar assumed that the inflation rate will remain at seven percent in view of the current inflation trend. &quot;Decreasing interest rates and lowering inflation in Indian market will also help Nepal to achieve this target,&quot; said Manandhar. Minister Mahara emphasized that economic growth will contribute to improving the lifestyle of people and also bring improvement in the Human Development Index (HDI).</p>

<p style="text-align: justify;">In the FY 2016/2017, the economic growth rate of Nepal went down to the lowest in 14 years whereas the target was for six per cent.&nbsp; Prior to this, during insurgency period or in the year 2001/2002, the economic growth rate was 0.19 per cent.</p>

<p style="text-align: justify;">The government had a target of six per cent growth in the FY 2016/2017, but due to blockade and massive earthquake in 2015, the target could not be met in that year.</p>

<p style="text-align: justify;">Though the economic growth rate was 2.32 per cent in the year 2015/16, the target was set for six per cent which was unachievable. Every year, the current expenditure of the government is growing, whereas development expense is decreasing.</p>

<p style="text-align: justify;">On one hand, the proportion of development expenses is decreasing and on the other hand, the allocated expenses are also being spent quite less. According to the statistics from the Ministry of Finance, in the duration of the last 10 years, the average economic growth is just 3.8 per cent. The minimum economic growth rate was 0.77 per cent to five per cent in the period since Nepal was declared a Republic till the implementation of the new constitution. However, during this period, the price inflation rate is seven per cent to 13 per cent.</p>

<p style="text-align: justify;">During the tenure of the late Prime Minister Girija Prasad Koirala in the FY 2006/2007, the target of economic growth was 5 per cent and price inflation rate was six per cent. During that period, the government achieved 5.8 per cent economic growth which was more than the target and the price inflation rate was 6.7 per cent which was slightly more than the government&#39;s target.</p>

<p style="text-align: justify;">During Prime Minister Pushpa Kamal Dahal&#39;s first tenure when Baburam Bhattarai&nbsp; was the finance minister in FY 2007/2008, the economic growth rate was only 3.9 per cent while the target was seven per cent.</p>

<p style="text-align: justify;">During the tenure of Madhav Kumar Nepal in 2008/2009, the economic growth rate was 4.3 per cent while the target was of 6.5 per cent. Similarly, during the tenure of Jhalanath Khanal as Prime Minister, the target was set for five percent but the government could only achieve 3.8 per cent of economic growth.</p>

<p style="text-align: justify;">During the tenure of Prime Minister Baburam Bhattarai in FY 2009/2010, when Barshaman Pun was the Finance Minister, the target for economic growth was five percent. Though the target could not be met, the economy saw a growth after two years which was 4.6 per cent.</p>

<p style="text-align: justify;">In 2010/2011, during the tenure of PM Baburam Bhattarai, the government targeted the economic growth rate of 5.5 per cent. However, due to political disturbance, the budget could not come in time and the government could not meet the target.</p>

<p style="text-align: justify;">Similarly, during the government of Khil Raj Regmi as Chairman of the Council of Ministers in FY 2014-15, the government could only reach the target of 4.8 per cent economic growth instead of the target which was 5.5 per cent.</p>

<p style="text-align: justify;">During the tenure of Sushil Koirala as prime minister in 2015/2016, Finance Minister Ram Sharan Mahat achieved only the growth rate of 2.32 per cent which was far less than the target of six per cent.</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5759',
			'image' => null,
			'article_date' => '2017-05-31 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '5973',
			'article_category_id' => '1',
			'title' => 'RP Bakery Awarded National Healthy Food Certificate',
			'sub_title' => '',
			'summary' => 'May 31: RP Bakery, a bakery product manufacturer company under ‘Ramro’ brand has been provided National Healthy Food Safety Certificate. The certificate was provided by Department of Food Technology and Quality Control under the Ministry of Agricultural Development on the occasion of 9th National Food Safety Day-2017. The bakery stood second place in the same platform on 2012.',
			'content' => '<p style="text-align: justify;">May 31: RP Bakery, a bakery product manufacturer company under &lsquo;Ramro&rsquo; brand has been provided National Healthy Food Safety Certificate. The certificate was provided by Department of Food Technology and Quality Control under the Ministry of Agricultural Development on the occasion of 9<sup>th</sup> National Food Safety Day-2017. The bakery stood second place in the same platform on 2012.</p>

<p style="text-align: justify;">The honor has encouraged the bakery to maintain the quality of its product and to meet the responsibility of serving superior products its customers, said Aaditya Agrawal, Director of the bakery.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5758',
			'image' => '20170531014253_ramro.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '5972',
			'article_category_id' => '1',
			'title' => 'Garima Bikas Opens Branch in Chabahil',
			'sub_title' => '',
			'summary' => 'May 31: Garima Bikas Bank, headquartered at Lazimpat, Kathmandu has opened a new branch at Chabahil, Kathmandu. The bank inaugurated the branch amid a program on May 30.',
			'content' => '<p style="text-align: justify;">May 31: Garima Bikas Bank, headquartered at Lazimpat, Kathmandu has opened a new branch at Chabahil, Kathmandu. The bank inaugurated the branch amid a program on May 30.</p>

<p style="text-align: justify;">Garima after acquiring Nilgiri Bikas Bank, headquartered at Myagdi and Suvechya Bikas Bank, headquartered at Chitwan is aggressively expanding its network in the market. Presently, the bank is providing its services through 45 branches.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5757',
			'image' => '20170531124029_garima.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '5971',
			'article_category_id' => '1',
			'title' => 'Sindhu Bikas Financial literacy Campaign',
			'sub_title' => '',
			'summary' => 'May 31: Sindhu Bikas Bank, Khadichaur has organized a financial literacy campaign in Lisankhu of Sindhupalchowk and various schools of Sunkoshi Rural Municipality. The campaign which was organized with a slogan ‘Sunaulo Bhabisyaka Lagi Bachat’ was participated by students and people of local area. In the campaign, Ratan Pradhan, bra',
			'content' => '<p style="text-align: justify;">May 31: Sindhu Bikas Bank, Khadichaur has organized a financial literacy campaign in Lisankhu of Sindhupalchowk and various schools of Sunkoshi Rural Municipality. The campaign which was organized with a slogan &lsquo;Sunaulo Bhabisyaka Lagi Bachat&rsquo; was participated by students and people of local area. In the campaign, Ratan Pradhan, branch manager of the Khadichaur informed the participants about banking services and direct benefits of banking accessibility.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5756',
			'image' => '20170531122432_sindhu.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '5969',
			'article_category_id' => '1',
			'title' => 'Mahindra Exchange camp',
			'sub_title' => '',
			'summary' => 'May 31: Agni Moto Inc, the authorised distributor of Mahindra two-wheelers, has announced ‘Mahindra Two-Wheeler Exchange Camp’.  Issuing a press statement, the company said that the customers can exchange any two-wheelers in the camp. The exchange camp started from Tuesday to June 1 at its Teku showroom.',
			'content' => '<p style="text-align: justify;">May 31: Agni Moto Inc, the authorised distributor of Mahindra two-wheelers, has announced &lsquo;Mahindra Two-Wheeler Exchange Camp&rsquo;.&nbsp; Issuing a press statement, the company said that the customers can exchange any two-wheelers in the camp. The exchange camp started from Tuesday to June 1 at its Teku showroom.</p>

<p style="text-align: justify;">Moreover, the customers who exchanged their two-wheelers would also be eligible to participate in &lsquo;400 per cent bonus cash back&rsquo; scheme. Under the scheme, customers get an opportunity to win 400 percent cash back bonus.&nbsp; &nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5754',
			'image' => '20170531112542_mahindra.jpg',
			'article_date' => '2017-05-31 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' => '5968',
			'article_category_id' => '1',
			'title' => 'Global IME announces Aakanshya scholarship',
			'sub_title' => '',
			'summary' => 'May 30:  Global IME Bank has announces ‘IME Global IME Aakanshya Scholarship’ for the academic year 2073 BS. In a bid to fulfill desire of students of their bright future, the bank announced the program in collaboration with Higher Institutions and Secondary Schools Association Nepal (HISSAN) and Private and Boarding Schools Organisation Nepal (PABSON).',
			'content' => '<p style="text-align: justify;">May 30:&nbsp; Global IME Bank has announces &lsquo;IME Global IME Aakanshya Scholarship&rsquo; for the academic year 2073 BS. In a bid to fulfill desire of students of their bright future, the bank announced the program in collaboration with Higher Institutions and Secondary Schools Association Nepal (HISSAN) and Private and Boarding Schools Organisation Nepal (PABSON).</p>

<p style="text-align: justify;">The scholarship announcement program was participated by Chandra Prasad Dhakal, Chairman of IME Group, Anil Gyawali, CEO of Global IME, Suman Pokharel, CEO of IME Ltd, Bijay Sambhaafe, Chairman of PABSON and Dr Swagat Shrestha, Vice President of HISSAN.</p>

<p style="text-align: justify;">&ldquo;IME and Global IME Bank jointly announced the scholarship under their corporate social responsibility,&rdquo; said Dhakal, Chairman of IME Group and Vice-President of Federation of Nepalese Chamber of Commerce and Industries (FNCCI). The scholarship has been provided on the basis of scholarship applications submitted by talented but financially week students of standard 1-11 in public, private and community schools. The scholarship fund having Rs 1 million balance was announced last year.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5753',
			'image' => '20170531111414_global ime.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '5967',
			'article_category_id' => '1',
			'title' => 'Hotelier Shrestha Passes Away',
			'sub_title' => '',
			'summary' => 'May 30: Veteran hotelier and tourism entrepreneur B K Shrestha has passed away at the age of 68. Shrestha who is the Managing Director of Radisson Hotel passed away on Tuesday morning at his residence.',
			'content' => '<p>May 30: Veteran hotelier and tourism entrepreneur B K Shrestha has passed away at the age of 68. Shrestha who is the Managing Director of Radisson Hotel passed away on Tuesday morning at his residence.</p>

<p>Shrestha who also was the President of Hotel Association Nepal (HAN) from 2014 to 2016 was suffering from lung cancer over the last few months. &nbsp;He is known for his four decades of contributions towards Nepali hotel and tourism industry. Founder of the Himalayan Travels and Tours, Shrestha is regarded for his role to commercialize the star hotel business in Nepal. He is survived by his wife and three daughters.&nbsp;</p>
',
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			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5752',
			'image' => '20170530043304_bk shrestha.jpg',
			'article_date' => '2017-05-30 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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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
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5981',
			'article_category_id' => '1',
			'title' => 'Tata Exchange Offer Concludes',
			'sub_title' => '',
			'summary' => 'June 1: Sipradi Trading, the authorized distributor of Tata Motors for Nepal has concluded its exchange camp. The company organized the grand exchange offer since May 18.',
			'content' => '<p style="text-align: justify;">June 1: Sipradi Trading, the authorized distributor of Tata Motors for Nepal has concluded its exchange camp. The company organized the grand exchange offer since May 18.</p>

<p style="text-align: justify;">The camp designated to provide accurate exchange value and superior services was organized in Birgunj, Jawalakhel, Butwal, Thapathali and Naxal of Kathmandu and Narayanghat.</p>

<p style="text-align: justify;">In the camp, vehicle of any brand could be exchanged with Tata Zest, Bolt, Tiago, Strome and Sumo. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5766',
			'image' => '20170601013759_tata.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '5980',
			'article_category_id' => '1',
			'title' => 'ADB Expands Advance Banking Services Nationwide',
			'sub_title' => '',
			'summary' => 'June 1: Agricultural Development Bank is expanding advance technology based banking services in all 75 districts of the country. Under the advance banking services, the bank has availed SMS and mobile banking services along with Visa Card services to its customers.',
			'content' => '<p style="text-align: justify;">June 1: Agricultural Development Bank is expanding advance technology based banking services in all 75 districts of the country. Under the advance banking services, the bank has availed SMS and mobile banking services along with Visa Card services to its customers.</p>

<p style="text-align: justify;">The bank, with a majority share holding of the government, is providing decent interest rate to its customers in saving accounts. Moreover, the bank has launched &lsquo;Employee Provident Fund Saving Account&rsquo; for the employees working in various organizations.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5765',
			'image' => '20170601012420_adb.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
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		'Article' => array(
			'id' => '5979',
			'article_category_id' => '1',
			'title' => 'Century Bank to acquire Seti Finance',
			'sub_title' => '',
			'summary' => 'June 1: Century Commercial Bank is acquiring Seti Finance, headquartered at Tikapur of Kailali. Both institutions signed a memorandum of understanding (MoU) regarding the matter on May 31.',
			'content' => '<p style="text-align:justify">June 1: Century Commercial Bank is acquiring Seti Finance, headquartered at Tikapur of Kailali. Both institutions signed a memorandum of understanding (MoU) regarding the matter on May 31.</p>

<p style="text-align:justify">The finance having Rs 152.6 million paid-up capital earned Rs 15.4 million operating profit by the end of the third quarter of the current FY. Meanwhile, Century Bank is starting the joint transaction after acquiring Innovative Development Bank and Arniko Development Bank.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5764',
			'image' => '20170601125932_censet.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5978',
			'article_category_id' => '1',
			'title' => 'Sunrise Bank’s Branch at Hetauda',
			'sub_title' => '',
			'summary' => 'June 1: Sunrise Bank has started a branch at Hetauda, Makwanpur. Dhananjay Sharma, Director of Nepal Rastra Bank, Birgunj and Hari Bahadur Mahat, Mayor of Hetauda Sub-Municipality jointly inaugurated the branch amid a program on May 31.',
			'content' => '<p style="text-align: justify;">June 1: Sunrise Bank has started a branch at Hetauda, Makwanpur. Dhananjay Sharma, Director of Nepal Rastra Bank, Birgunj and Hari Bahadur Mahat, Mayor of Hetauda Sub-Municipality jointly inaugurated the branch amid a program on May 31.</p>

<p style="text-align: justify;">&nbsp;&ldquo;After acquiring Narayani National Finance, Sunrise Bank had two branches in Narayangadh. Out of the two branches, it transferred a branch to Hetauda,&rdquo; said Ratna Raj Bajracharya, CEO of the bank.</p>

<p style="text-align: justify;">According to Bajracharya, the branch will provide overall banking services including &nbsp;locker services to the customers. Presently, the bank is providing its services through 70 branches and 81 ATM outlets.</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5763',
			'image' => '20170601125012_sunrise.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5977',
			'article_category_id' => '1',
			'title' => 'Jyoti Bikas Bank Opens Three Branches at Once',
			'sub_title' => '',
			'summary' => 'June 1: A national level development bank, Jyoti Bikas Bank has started three branches in a day. The bank opened branches at Jhumka of Sunsari, Birendranagar of Surkhet and Ghorahi of Dang.',
			'content' => '<p style="text-align: justify;">June 1: A national level development bank, Jyoti Bikas Bank has started three branches in a day. The bank opened branches at Jhumka of Sunsari, Birendranagar of Surkhet and Ghorahi of Dang.</p>

<p style="text-align: justify;">Ramu Poudel, Director of NRB, Biratnagar and Sagen Chaudhary, President of Jhumka Chamber of commerce jointly inaugurated the Jhumka Branch amid a program. Similarly, Birendranagar branch was jointly inaugurated by Prakash Adhikari, President of Surkhet Chamber of Commerce and Jagadishwor Prasad Adhikar, Director of the bank.</p>

<p style="text-align: justify;">Likewise, Ghorahi Branch was jointly inaugurated by Guru Prasad Poudel, Director of NRB, Nepalgunj, Hemraj Banjade, President of Dang Chamber of Commerce and Narayan Prasad Poudel, Director of the bank.</p>

<p style="text-align: justify;">With the additions, the bank is providing its services through 32 branches, one extension counter and 12 ATM outlets.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5762',
			'image' => '20170601123907_jyoti.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
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	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5976',
			'article_category_id' => '1',
			'title' => 'Kumari Bank’s Employees Union Elects Pathak',
			'sub_title' => '',
			'summary' => 'June 1: A new leadership team has been unanimously elected in the employees’ union of Kumari Bank. The 3rd national convention of the union held on last Saturday, May 27 unanimously elected eleven members’ work committee under the leadership of Shiva Pathak.',
			'content' => '<p style="text-align:justify">June 1: A new leadership team has been unanimously elected in the employees&rsquo; union of Kumari Bank. The 3<sup>rd</sup> national convention of the union held on last Saturday, May 27 unanimously elected eleven members&rsquo; work committee under the leadership of Shiva Pathak.</p>

<p style="text-align:justify">Similarly, the convention elected Binod Mani Pokharel as vice-chairman, Sharad Dev Joshi as secretary general, Sudarshan Phuyal secretary and Himal Singh Basnet treasurer of the union.</p>

<p style="text-align:justify">Likewise, Surendra Raj Pandey, Damodar Prasad Upadhya, Rumi Karmacharya, Kavita GC, Bikram Niraula and Sanjay Pokharel have&nbsp;been elected members of the union.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5761',
			'image' => '20170601121929_kumari bank.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5970',
			'article_category_id' => '1',
			'title' => 'Jet Airways and SCBNL in a Pact',
			'sub_title' => '',
			'summary' => 'May 31: Indian carrier Jet Airways has signed a Memorandum of Understanding (MoU) with Standard Chartered Bank Nepal Ltd (SCBNL) to offer the bank’s customers attractive discounts on fares for travel from Kathmandu to destinations in India, and beyond, over Mumbai and Delhi, on the airline’s direct network.',
			'content' => '<p style="text-align:justify">May 31: Indian carrier Jet Airways has signed a Memorandum of Understanding (MoU) with Standard Chartered Bank Nepal Ltd (SCBNL) to offer the bank&rsquo;s customers attractive discounts on fares for travel from Kathmandu to destinations in India, and beyond, over Mumbai and Delhi, on the airline&rsquo;s direct network.</p>

<p style="text-align:justify">According to the statement, the bank&rsquo;s priority account holders will get 15 percent discount on base fares. Similarly, all debit and credit card holders will get 10 percent discount on base fares.</p>

<p style="text-align:justify">&ldquo;The offer will be available only for the tickets booked through the airline&rsquo;s website,&rdquo; reads the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5760',
			'image' => '20170601112024_standard.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5975',
			'article_category_id' => '1',
			'title' => 'Siddhartha Bank Opens Branch at Surkhet',
			'sub_title' => '',
			'summary' => 'June 1: Siddhartha Bank has started a branch at Surkhet. Hemanta Gyawali, Director of the bank inaugurated the branch amid a program on May 31. According to the bank, the branch will provide overall banking services. Presently, the bank is providing its services through 70 branches, two extension counters, 88 ATMs and 70 branchless banking units.',
			'content' => '<p style="text-align: justify;">June 1: Siddhartha Bank has started a branch at Surkhet. Hemanta Gyawali, Director of the bank inaugurated the branch amid a program on May 31. According to the bank, the branch will provide overall banking services. Presently, the bank is providing its services through 70 branches, two extension counters, 88 ATMs and 70 branchless banking units.</p>
',
			'published' => true,
			'created' => '2017-06-01',
			'modified' => '2017-06-01',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5760',
			'image' => '20170601111907_siddhartha.jpg',
			'article_date' => '2017-06-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5974',
			'article_category_id' => '1',
			'title' => 'Growth Rate Target 7.2 per cent in 2017-18',
			'sub_title' => '',
			'summary' => 'May 31: The government has targeted an economic growth rate of 7.2 per cent in the coming fiscal year 2017-18.  Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, while presenting the budget for the next fiscal year, on May 29, announced that the coming fiscal year would be an entry point of economic growth.',
			'content' => '<p style="text-align: justify;">May 31: The government has targeted an economic growth rate of 7.2 per cent in the coming fiscal year 2017-18. &nbsp;Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara, while presenting the budget for the next fiscal year, on May 29, announced that the coming fiscal year would be an entry point of economic growth.</p>

<p style="text-align: justify;">He said that inflation will also be limited to seven per cent. Mahara also mentioned that the new budget will create 400,000 new employment opportunities and one hundred thousand new self-employments.</p>

<p style="text-align: justify;">According to Former Finance Minister Dr. Ram Sharan Mahat, the government&#39;s target of economic growth seems easy technically but this can be very difficult from the practical point of view. He says that the reasons stated in the budget such as adequate monsoon rain and a situation where there will be no blockade cannot be taken as basis for higher economic growth. &quot;The government has not been able to demonstrate strong basis for sound economic growth,&quot; he mentioned.&nbsp;</p>

<p style="text-align: justify;">Former Minister Mahat said that favorable climate, availability of chemical fertilizers and hybrid seeds can help attain 6.5 per cent growth rate in the current fiscal year.</p>

<p style="text-align: justify;">Similarly, according to Finance Minister Mahara, improvement in power supply, increase in demand of construction as well as consumable materials will help attain 6.9 per cent growth that is more than the targeted 6.5 percent. He said that the annual budget in the previous year had predicted that there will be an inflation of 7.5 per cent this year, whereas in the coming FY, the inflation will be limited to seven per cent.&nbsp;&nbsp;</p>

<p style="text-align: justify;">Former Deputy Governor of Nepal Rastra Bank (NRB), Krishna Bahadur Manandhar assumed that the inflation rate will remain at seven percent in view of the current inflation trend. &quot;Decreasing interest rates and lowering inflation in Indian market will also help Nepal to achieve this target,&quot; said Manandhar. Minister Mahara emphasized that economic growth will contribute to improving the lifestyle of people and also bring improvement in the Human Development Index (HDI).</p>

<p style="text-align: justify;">In the FY 2016/2017, the economic growth rate of Nepal went down to the lowest in 14 years whereas the target was for six per cent.&nbsp; Prior to this, during insurgency period or in the year 2001/2002, the economic growth rate was 0.19 per cent.</p>

<p style="text-align: justify;">The government had a target of six per cent growth in the FY 2016/2017, but due to blockade and massive earthquake in 2015, the target could not be met in that year.</p>

<p style="text-align: justify;">Though the economic growth rate was 2.32 per cent in the year 2015/16, the target was set for six per cent which was unachievable. Every year, the current expenditure of the government is growing, whereas development expense is decreasing.</p>

<p style="text-align: justify;">On one hand, the proportion of development expenses is decreasing and on the other hand, the allocated expenses are also being spent quite less. According to the statistics from the Ministry of Finance, in the duration of the last 10 years, the average economic growth is just 3.8 per cent. The minimum economic growth rate was 0.77 per cent to five per cent in the period since Nepal was declared a Republic till the implementation of the new constitution. However, during this period, the price inflation rate is seven per cent to 13 per cent.</p>

<p style="text-align: justify;">During the tenure of the late Prime Minister Girija Prasad Koirala in the FY 2006/2007, the target of economic growth was 5 per cent and price inflation rate was six per cent. During that period, the government achieved 5.8 per cent economic growth which was more than the target and the price inflation rate was 6.7 per cent which was slightly more than the government&#39;s target.</p>

<p style="text-align: justify;">During Prime Minister Pushpa Kamal Dahal&#39;s first tenure when Baburam Bhattarai&nbsp; was the finance minister in FY 2007/2008, the economic growth rate was only 3.9 per cent while the target was seven per cent.</p>

<p style="text-align: justify;">During the tenure of Madhav Kumar Nepal in 2008/2009, the economic growth rate was 4.3 per cent while the target was of 6.5 per cent. Similarly, during the tenure of Jhalanath Khanal as Prime Minister, the target was set for five percent but the government could only achieve 3.8 per cent of economic growth.</p>

<p style="text-align: justify;">During the tenure of Prime Minister Baburam Bhattarai in FY 2009/2010, when Barshaman Pun was the Finance Minister, the target for economic growth was five percent. Though the target could not be met, the economy saw a growth after two years which was 4.6 per cent.</p>

<p style="text-align: justify;">In 2010/2011, during the tenure of PM Baburam Bhattarai, the government targeted the economic growth rate of 5.5 per cent. However, due to political disturbance, the budget could not come in time and the government could not meet the target.</p>

<p style="text-align: justify;">Similarly, during the government of Khil Raj Regmi as Chairman of the Council of Ministers in FY 2014-15, the government could only reach the target of 4.8 per cent economic growth instead of the target which was 5.5 per cent.</p>

<p style="text-align: justify;">During the tenure of Sushil Koirala as prime minister in 2015/2016, Finance Minister Ram Sharan Mahat achieved only the growth rate of 2.32 per cent which was far less than the target of six per cent.</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5759',
			'image' => null,
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5973',
			'article_category_id' => '1',
			'title' => 'RP Bakery Awarded National Healthy Food Certificate',
			'sub_title' => '',
			'summary' => 'May 31: RP Bakery, a bakery product manufacturer company under ‘Ramro’ brand has been provided National Healthy Food Safety Certificate. The certificate was provided by Department of Food Technology and Quality Control under the Ministry of Agricultural Development on the occasion of 9th National Food Safety Day-2017. The bakery stood second place in the same platform on 2012.',
			'content' => '<p style="text-align: justify;">May 31: RP Bakery, a bakery product manufacturer company under &lsquo;Ramro&rsquo; brand has been provided National Healthy Food Safety Certificate. The certificate was provided by Department of Food Technology and Quality Control under the Ministry of Agricultural Development on the occasion of 9<sup>th</sup> National Food Safety Day-2017. The bakery stood second place in the same platform on 2012.</p>

<p style="text-align: justify;">The honor has encouraged the bakery to maintain the quality of its product and to meet the responsibility of serving superior products its customers, said Aaditya Agrawal, Director of the bakery.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5758',
			'image' => '20170531014253_ramro.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5972',
			'article_category_id' => '1',
			'title' => 'Garima Bikas Opens Branch in Chabahil',
			'sub_title' => '',
			'summary' => 'May 31: Garima Bikas Bank, headquartered at Lazimpat, Kathmandu has opened a new branch at Chabahil, Kathmandu. The bank inaugurated the branch amid a program on May 30.',
			'content' => '<p style="text-align: justify;">May 31: Garima Bikas Bank, headquartered at Lazimpat, Kathmandu has opened a new branch at Chabahil, Kathmandu. The bank inaugurated the branch amid a program on May 30.</p>

<p style="text-align: justify;">Garima after acquiring Nilgiri Bikas Bank, headquartered at Myagdi and Suvechya Bikas Bank, headquartered at Chitwan is aggressively expanding its network in the market. Presently, the bank is providing its services through 45 branches.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5757',
			'image' => '20170531124029_garima.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5971',
			'article_category_id' => '1',
			'title' => 'Sindhu Bikas Financial literacy Campaign',
			'sub_title' => '',
			'summary' => 'May 31: Sindhu Bikas Bank, Khadichaur has organized a financial literacy campaign in Lisankhu of Sindhupalchowk and various schools of Sunkoshi Rural Municipality. The campaign which was organized with a slogan ‘Sunaulo Bhabisyaka Lagi Bachat’ was participated by students and people of local area. In the campaign, Ratan Pradhan, bra',
			'content' => '<p style="text-align: justify;">May 31: Sindhu Bikas Bank, Khadichaur has organized a financial literacy campaign in Lisankhu of Sindhupalchowk and various schools of Sunkoshi Rural Municipality. The campaign which was organized with a slogan &lsquo;Sunaulo Bhabisyaka Lagi Bachat&rsquo; was participated by students and people of local area. In the campaign, Ratan Pradhan, branch manager of the Khadichaur informed the participants about banking services and direct benefits of banking accessibility.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5756',
			'image' => '20170531122432_sindhu.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5969',
			'article_category_id' => '1',
			'title' => 'Mahindra Exchange camp',
			'sub_title' => '',
			'summary' => 'May 31: Agni Moto Inc, the authorised distributor of Mahindra two-wheelers, has announced ‘Mahindra Two-Wheeler Exchange Camp’.  Issuing a press statement, the company said that the customers can exchange any two-wheelers in the camp. The exchange camp started from Tuesday to June 1 at its Teku showroom.',
			'content' => '<p style="text-align: justify;">May 31: Agni Moto Inc, the authorised distributor of Mahindra two-wheelers, has announced &lsquo;Mahindra Two-Wheeler Exchange Camp&rsquo;.&nbsp; Issuing a press statement, the company said that the customers can exchange any two-wheelers in the camp. The exchange camp started from Tuesday to June 1 at its Teku showroom.</p>

<p style="text-align: justify;">Moreover, the customers who exchanged their two-wheelers would also be eligible to participate in &lsquo;400 per cent bonus cash back&rsquo; scheme. Under the scheme, customers get an opportunity to win 400 percent cash back bonus.&nbsp; &nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5754',
			'image' => '20170531112542_mahindra.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5968',
			'article_category_id' => '1',
			'title' => 'Global IME announces Aakanshya scholarship',
			'sub_title' => '',
			'summary' => 'May 30:  Global IME Bank has announces ‘IME Global IME Aakanshya Scholarship’ for the academic year 2073 BS. In a bid to fulfill desire of students of their bright future, the bank announced the program in collaboration with Higher Institutions and Secondary Schools Association Nepal (HISSAN) and Private and Boarding Schools Organisation Nepal (PABSON).',
			'content' => '<p style="text-align: justify;">May 30:&nbsp; Global IME Bank has announces &lsquo;IME Global IME Aakanshya Scholarship&rsquo; for the academic year 2073 BS. In a bid to fulfill desire of students of their bright future, the bank announced the program in collaboration with Higher Institutions and Secondary Schools Association Nepal (HISSAN) and Private and Boarding Schools Organisation Nepal (PABSON).</p>

<p style="text-align: justify;">The scholarship announcement program was participated by Chandra Prasad Dhakal, Chairman of IME Group, Anil Gyawali, CEO of Global IME, Suman Pokharel, CEO of IME Ltd, Bijay Sambhaafe, Chairman of PABSON and Dr Swagat Shrestha, Vice President of HISSAN.</p>

<p style="text-align: justify;">&ldquo;IME and Global IME Bank jointly announced the scholarship under their corporate social responsibility,&rdquo; said Dhakal, Chairman of IME Group and Vice-President of Federation of Nepalese Chamber of Commerce and Industries (FNCCI). The scholarship has been provided on the basis of scholarship applications submitted by talented but financially week students of standard 1-11 in public, private and community schools. The scholarship fund having Rs 1 million balance was announced last year.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-31',
			'modified' => '2017-05-31',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5753',
			'image' => '20170531111414_global ime.jpg',
			'article_date' => '2017-05-31 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5967',
			'article_category_id' => '1',
			'title' => 'Hotelier Shrestha Passes Away',
			'sub_title' => '',
			'summary' => 'May 30: Veteran hotelier and tourism entrepreneur B K Shrestha has passed away at the age of 68. Shrestha who is the Managing Director of Radisson Hotel passed away on Tuesday morning at his residence.',
			'content' => '<p>May 30: Veteran hotelier and tourism entrepreneur B K Shrestha has passed away at the age of 68. Shrestha who is the Managing Director of Radisson Hotel passed away on Tuesday morning at his residence.</p>

<p>Shrestha who also was the President of Hotel Association Nepal (HAN) from 2014 to 2016 was suffering from lung cancer over the last few months. &nbsp;He is known for his four decades of contributions towards Nepali hotel and tourism industry. Founder of the Himalayan Travels and Tours, Shrestha is regarded for his role to commercialize the star hotel business in Nepal. He is survived by his wife and three daughters.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-30',
			'modified' => '2017-05-30',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5752',
			'image' => '20170530043304_bk shrestha.jpg',
			'article_date' => '2017-05-30 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