Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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		'Article' => array(
			'id' => '5920',
			'article_category_id' => '1',
			'title' => 'National Cooperative Bank in NCHL-IPS System',
			'sub_title' => '',
			'summary' => 'May 22:  National Cooperative Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the bank. Neelesh Man Singh Pradhan, CEO of NCHL and KB Upreti, Managing Dire',
			'content' => '<p style="text-align: justify;">May 22: &nbsp;National Cooperative Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the bank. Neelesh Man Singh Pradhan, CEO of NCHL and KB Upreti, Managing Director of the bank signed the agreement to this effect on May 21.</p>

<p style="text-align: justify;">Customers can withdraw and make payments from any account of the banks and financial institutions under the NCHL-IPS system. &ldquo;Under this service customers can make payments of cash, dividends, IPO refund, bills, insurance premium, social welfare allowance, pension/salary, remittance and all other types of payments,&rdquo; informs the service provider in a press statement.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-22',
			'modified' => '2017-05-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5705',
			'image' => '20170522114932_nchl.jpg',
			'article_date' => '2017-05-22 00:00:00',
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		'Article' => array(
			'id' => '5919',
			'article_category_id' => '1',
			'title' => 'Sunrise Bank Starts Branch at Birendranagar',
			'sub_title' => '',
			'summary' => 'May 22: Sunrise Bank has started a branch at Birendranagar, Surkhet. Guru Prasad Poudel, Director of Nepal Rastra Bank, Nepalgunj and Prakash Poudel, President of Surkhet Chamber of Commerce and Industries jointly inaugurated the branch amid a program on May 21. “After acquiring Narayani National Finance, Sunrise Bank had two branches in Dhangadi. Out of the two branches, it transferred a branch to Birendrana',
			'content' => '<p style="text-align: justify;">May 22: Sunrise Bank has started a branch at Birendranagar, Surkhet. Guru Prasad Poudel, Director of Nepal Rastra Bank, Nepalgunj and Prakash Poudel, President of Surkhet Chamber of Commerce and Industries jointly inaugurated the branch amid a program on May 21. &ldquo;After acquiring Narayani National Finance, Sunrise Bank had two branches in Dhangadi. Out of the two branches, it transferred a branch to Birendranagar,&rdquo; said Ratna Raj Bajracharya, CEO of the bank. According to Bajracharya, the branch also provides locker services to the customers. Presently, the bank is providing its services through 69 branches and 79 ATM outlets.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-22',
			'modified' => '2017-05-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5704',
			'image' => '20170522113048_sunrise.jpg',
			'article_date' => '2017-05-22 00:00:00',
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		'Article' => array(
			'id' => '5918',
			'article_category_id' => '1',
			'title' => 'Reconstruction Lacks Budget of Rs 300 billion',
			'sub_title' => '',
			'summary' => 'May 21: Apparently, the reconstruction works after the devastating earthquake of April, 2015 now lacks a budget of Rs 308.44 billion for its ongoing works.',
			'content' => '<p style="text-align:justify">May 21: Apparently, the reconstruction works after the devastating earthquake of April, 2015 now lacks a budget of Rs 308.44 billion for its ongoing works.</p>

<p style="text-align:justify">According to the National Reconstruction Authority (NRA), reconstruction budget is insufficient in the major five areas including construction of private houses, schools, archaeological heritage sites, government buildings and health institutions.</p>

<p style="text-align:justify">The Post-Disaster Needs Assessment (PDNA) report prepared immediately after the earthquake had indicated requirement of Rs 938 billion budget for reconstruction.</p>

<p style="text-align:justify">&ldquo;Presently, nearly Rs 600 billion budget has been managed. However, we still&nbsp; lack nearly Rs 308 billion budget, for which, we are discussing &nbsp;with the Finance Ministry and various other donor agencies to fulfill the budget need,&rdquo; said Yam Lal Bhusal, Spokesperson of NRA.</p>

<p style="text-align:justify">The budget for post-earthquake reconstruction is received from the government, as well as grants and soft loan from various donor agencies. Moreover, the main source of the budget is donation and soft loan from various donor agencies.</p>

<p style="text-align:justify">The recent rise in market price and inflation tends to increase the budget requirement for reconstruction process, which was predicted immediately after the earthquake two years back.</p>

<p style="text-align:justify">The budget deficiency is likely to hit the reconstruction of residential homes for earthquake survivors the most. The construction of homes for earthquake survivors lacks Rs 142.99 billion budget, whereas construction of health institutions lacks Rs 10.25 billion.</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5703',
			'image' => '20170521035745_recns.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5917',
			'article_category_id' => '1',
			'title' => 'Salt Trading Imports 50,000 metric tons Sugar at 1% Customs',
			'sub_title' => '',
			'summary' => 'May 21: Salt Trading Corporation (STC) is importing 50,000 metric ton sugar from India. In a bid to end private sector’s monopoly and avail sugar at a reasonable price, STC started the import,” said Kumar Raj Bhandari, General Manager of STC.',
			'content' => '<p style="text-align: justify;">May 21: Salt Trading Corporation (STC) is importing 50,000 metric ton sugar from India. In a bid to end private sector&rsquo;s monopoly and avail sugar at a reasonable price, STC started the import,&rdquo; said Kumar Raj Bhandari, General Manager of STC.</p>

<p style="text-align: justify;">In the recent days, an artificial shortage of sugar is seen in the market. To cope with the shortage, the government permitted STC to import 50,000 metric tons of sugar.&nbsp; Immediately after the shortage, STC submitted a proposal of importing sugar in one percent customs charge to Finance Ministry which the ministry accordingly permitted. As per the government&rsquo;s permission, STC purchased 50,000 metric tons of sugar from Renuka Sugar Mills, Haldiya, India through tender.</p>

<p style="text-align: justify;">According to Bhandari, in the first phase, 2500 metric tons of sugar has been brought up to Raxaul through railway. The sugar has been purchased with Rs 5 billion through tender bidding. &ldquo;In the first phase, 2500 metric tons of sugar has been brought, STC is expediting the process of bringing the rest,&rdquo; he added.&nbsp;</p>

<p style="text-align: justify;">STC imported the sugar with the permission of the Finance Ministry with a tax concession of 14 percent. After procuring the entire quantity, price of the sugar will be calculated after the calculation of cost, transportation and customs charge.&nbsp;</p>
',
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			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5702',
			'image' => '20170521012648_sugar.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5916',
			'article_category_id' => '1',
			'title' => 'City Express Extends Support to Dhurmus-Suntali Foundation',
			'sub_title' => '',
			'summary' => 'May 21: A remittance service provider company, City Express Money Transfer has extended its support to Dhurmus-Suntali Foundation. The company handed over a cheque of Rs 2.9 million to the foundation in the ‘Dhurmus-Suntali Night’ held in Nakano Zero Hall, Japan.',
			'content' => '<p style="text-align: justify;">May 21: A remittance service provider company, City Express Money Transfer has extended its support to Dhurmus-Suntali Foundation. The company handed over a cheque of Rs 2.9 million to the foundation in the &lsquo;Dhurmus-Suntali Night&rsquo; held in Nakano Zero Hall, Japan.</p>

<p style="text-align: justify;">Mahesh Kumar Shrestha, Chairman of City Express handed over the cheque to Sitram Kattel and Kunjana Ghimire of the foundation on behalf of the company. City Express handed over the amount by adding Rs 1.5 million on the amount of Rs 1.4 million collected from the program, said the company in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5701',
			'image' => '20170521120936_city express.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '5915',
			'article_category_id' => '1',
			'title' => 'TVS Showroom in Phidim',
			'sub_title' => '',
			'summary' => 'May 21: A TVS motorcycle showroom has been started in Phidim, Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries inaugurated the showroom amid a program on May 19.',
			'content' => '<p style="text-align: justify;">May 21: A TVS motorcycle showroom has been started in Phidim, Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries inaugurated the showroom amid a program on May 19.</p>

<p style="text-align: justify;">&ldquo;DG Trader, the authorized distributor of Jagadamba Motors, started the showroom targeting market of Panchthar, Taplejung and Tehrathum,&rdquo; said Dilip Poudel, Proprietor of the showroom. &ldquo;Now the customers can easily get 3S (sales, service and spare parts) services of TVS two wheelers from Phidim,&rdquo; said Shyam Khatiwada, Mechi-Koshi Regional officer of Jagdamba Motors.&nbsp;</p>
',
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			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5700',
			'image' => '20170521115200_tvs.jpg',
			'article_date' => '2017-05-21 00:00:00',
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			'id' => '5914',
			'article_category_id' => '1',
			'title' => 'Laxmi Intercontinental Bags Regional Excellence Award',
			'sub_title' => '',
			'summary' => 'May 21: Laxmi Intercontinental, the authorized distributor of Hyundai vehicles for Nepal, has bagged ‘Regional Excellence Award’. The company bagged the Regional Excellence Award 2016 under Asia and Pacific region category. The company was handed over the award in a Global Distributors ',
			'content' => '<p style="text-align: justify;">May 21: Laxmi Intercontinental, the authorized distributor of Hyundai vehicles for Nepal, has bagged &lsquo;Regional Excellence Award&rsquo;. The company bagged the Regional Excellence Award 2016 under Asia and Pacific region category. The company was handed over the award in a Global Distributors Convention held in South Korea from May 10-13.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5699',
			'image' => '20170521113522_laxmi.jpg',
			'article_date' => '2017-05-21 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' => '5913',
			'article_category_id' => '1',
			'title' => 'Right Issue of Nepal SBI Starts Today',
			'sub_title' => '',
			'summary' => 'May 21: Investors with shares of Nepal SBI Bank can now apply for right issues from today. The bank commenced floatation of the 10:4 right issues from May 21. The interested shareholders registered in the book of the bank by May 8 can apply for the right shares. The bank is floating 19,919,423.60 unit',
			'content' => '<p style="text-align:justify">May 21: Investors with shares of Nepal SBI Bank can now apply for right issues from today. The bank commenced floatation of the 10:4 right issues from May 21. The interested shareholders registered in the book of the bank by May 8 can apply for the right shares. The bank is floating 19,919,423.60 units of right shares with a face value of Rs 100 to its existing shareholders. The right issue will closed on June 25. NMB Capital is the issue manager of the bank.&nbsp;</p>

<p style="text-align:justify"><img alt="" src="/userfiles/images/sbi%281%29.jpg" style="height:721px; width:500px" /></p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5698',
			'image' => '20170521112648_sbi 2.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
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			'in_scroller' => false,
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		'Article' => array(
			'id' => '5912',
			'article_category_id' => '1',
			'title' => 'Gorkha Brewery Installs Solar Lights in Dharan',
			'sub_title' => '',
			'summary' => 'May 19: Solar lights and CCTV cameras have been installed in Soti River, Bagarkot, Dharan with a support of Gorkha Brewery. 22 solar lights and three CCTV cameras have been installed in the area with the support. Earlier, the company also provided support on installation of 21 solar lights at Hattisar, Kathmandu. The company extended t',
			'content' => '<p style="text-align: justify;">May 19: Solar lights and CCTV cameras have been installed in Soti River, Bagarkot, Dharan with a support of Gorkha Brewery. 22 solar lights and three CCTV cameras have been installed in the area with the support. Earlier, the company also provided support on installation of 21 solar lights at Hattisar, Kathmandu. The company extended the support in collaboration with police and local people. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5697',
			'image' => '20170519021115_gorkha brewery.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 9 => array(
		'Article' => array(
			'id' => '5911',
			'article_category_id' => '1',
			'title' => 'Yeti and UNDP Inks Deal for SDGs',
			'sub_title' => '',
			'summary' => 'May 19: A Nepali domestic airlines company, Yeti Airlines and United Nation Development Program (UNDP) has inked a new agreement.',
			'content' => '<p style="text-align: justify;">May 19: A Nepali domestic airlines company, Yeti Airlines and United Nation Development Program (UNDP) has inked a new agreement.</p>

<p style="text-align: justify;">Yeti Airlines and UNDP made the agreement regarding promotion and achievement of sustainable development goals (SDGs) of Nepal. Renaud Meyer, Country Director, UNDP Nepal and Umesh Chandra Rai, CEO of Yeti Airlines signed the agreement paper on May 18.</p>

<p style="text-align: justify;">The SDGs target to end worldwide poverty by2030. Under the agreement, the UNDP and Yeti Airlines will collaborate to raise awareness on the SDGs.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5696',
			'image' => '20170519020244_yeti.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '5910',
			'article_category_id' => '1',
			'title' => 'SEBON Raises Paid-up capital of Securities Brokers by 10folds',
			'sub_title' => '',
			'summary' => 'May 19: As per the first amendment of Securities Businessperson Regulation made by Securities board of Nepal (SEBON), securities broker companies are required to increase their paid-up capital by 10 folds to Rs 20 million. Earlier the paid-up capital was Rs 2 million.',
			'content' => '<p style="text-align: justify;">May 19: As per the first amendment of Securities Businessperson Regulation made by Securities board of Nepal (SEBON), securities broker companies are required to increase their paid-up capital by 10 folds to Rs 20 million. Earlier the paid-up capital was Rs 2 million.</p>

<p style="text-align: justify;">The first amendment of the regulation has also set new mechanism for branch expansion of broker companies. According to the amended regulation, &nbsp;brokers companies are compelled to obtain approval from SEBON before their branch expansion. The regulation authorizes SEBON of setting required infrastructure and other conditions for broker companies as well.</p>

<p style="text-align: justify;">&ldquo;The amendment has been made to make the services of broker companies nationwide and manageable,&rdquo; said SEBON. Similarly, as per the amended regulation, the head office of any broker company must be lead by commerce, management, economy, law graduate or a chartered accountant. Moreover, these stock brokers must employ at least five employees including compliance officer and information technology officer in their offices.&nbsp;</p>

<p style="text-align: justify;"><img alt="" src="/userfiles/images/sebon.jpg" style="height:565px; width:409px" /></p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5695',
			'image' => '20170519014612_sebon.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 11 => array(
		'Article' => array(
			'id' => '5909',
			'article_category_id' => '1',
			'title' => 'Sanjen Hydropower Appoints CIT as Issue Manager',
			'sub_title' => '',
			'summary' => 'May 19: Sanjen Hydropower Company has appointed an issue manager for its upcoming share issuance.  Sanjen appointed Citizens’ Investment Trust (CIT) as a lead issue manager to be supported by five other companies as assisting issue managers.',
			'content' => '<p style="text-align: justify;">May 19: Sanjen Hydropower Company has appointed an issue manager for its upcoming share issuance. &nbsp;Sanjen appointed Citizens&rsquo; Investment Trust (CIT) as a lead issue manager to be supported by five other companies as assisting issue managers.</p>

<p style="text-align: justify;">CIT signed an agreement with NCM Merchant Banking, Civil Capital Market, Prabhu Capital, NMB Capital and Global IME Capital regarding the share issuance on May 18.</p>

<p style="text-align: justify;">Ram Krishna Pokharel, Executive Director of CIT, Bijay Lal Shrestha, Managing Director of NCM, Parag Bista, CEO of Civil, Shanker Prasad Kalikota, General Manager of Prabhu Capital, Srijesh Ghimire, CEO of NMB Capital and Paras Mani Dhakal, CEO of Global IME Capital signed the agreement amid a program.</p>

<p style="text-align: justify;">&ldquo;The agreement was carried out to issue shares of first phase. Under this, group &lsquo;C&rsquo; shares allocated to employees of creditors&rsquo; company, promoter shares to employees, group &lsquo;D&rsquo; shares allocated to depositors of Employees Provident Fund (EPF)totaling 8,760,000 units of shares will be issued,&rdquo; said Udhav Silwal, Information Officer of CIT.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5694',
			'image' => '20170519125919_Sanjen.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '5908',
			'article_category_id' => '1',
			'title' => 'Kwid Rolls out in Dang Market',
			'sub_title' => '',
			'summary' => 'May 19: Joshi Autovilla, Ghorahi has initiated sales of Kwid car in Dang. “Autovilla started the sales of Kwid in the absence of an official showroom,” said Aayush Shrestha, managing director of Autovilla. “The district does not have any dealer for the Kwid. I started the sales of the car for the first time in the area. Customers are gradually b',
			'content' => '<p style="text-align: justify;">May 19: Joshi Autovilla, Ghorahi has initiated sales of Kwid car in Dang. &ldquo;Autovilla started the sales of Kwid in the absence of an official showroom,&rdquo; said Aayush Shrestha, managing director of Autovilla. &ldquo;The district does not have any dealer for the Kwid. I started the sales of the car for the first time in the area. Customers are gradually being attracted to the car,&rdquo; he added.</p>

<p style="text-align: justify;">Advance Automobile, the authorized distributor of Renault Kwid launched the car during the last Dashain. The car with advance features has been priced Rs 1.8 million to Rs 5.6 million in the domestic market, informed Shrestha. Kwid, a product of French carmaker company is the top selling car of India. Because of its best ground clearance, it is suitable to Nepali territory as well, Shrestha stated.&nbsp;</p>
',
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			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5693',
			'image' => '20170519113646_kwid.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '5907',
			'article_category_id' => '1',
			'title' => 'Civil Bank Endorses Bonus',
			'sub_title' => '',
			'summary' => 'May 19: Civil Bank Ltd is distributing nearly three percent bonus to its shareholders. The 6th annual general meeting of the bank held on May 18 endorsed a proposal regarding the bonus. Moreover, the meeting also endorsed a Due Diligence Audit (DDA) report of Unique Finance and Hama Merchant Finance submitted by valuator J B Rajbhandary an',
			'content' => '<p style="text-align: justify;">May 19: Civil Bank Ltd is distributing nearly three percent bonus to its shareholders. The 6<sup>th</sup> annual general meeting of the bank held on May 18 endorsed a proposal regarding the bonus. Moreover, the meeting also endorsed a Due Diligence Audit (DDA) report of Unique Finance and Hama Merchant Finance submitted by valuator J B Rajbhandary and DiBins for acquirement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5692',
			'image' => '20170519110910_civil bank.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
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			'id' => '5906',
			'article_category_id' => '1',
			'title' => 'NIC Asia Bank Starts 4 New Branches in Its Network',
			'sub_title' => '',
			'summary' => 'May 19: NIC Asia Bank has started new branches in four locations. The bank inaugurated the new branches organizing separate programs on May 18.',
			'content' => '<p style="text-align: justify;">May 19: NIC Asia Bank has started new branches in four locations. The bank inaugurated the new branches organizing separate programs on May 18.</p>

<p style="text-align: justify;">The bank&rsquo;s branch at Manigram was inaugurated by Gunanidhi Bhandari, President of Tilotama Chamber of Commerce and Industries; the branch at Nayapul, Kaski was inaugurated by Kul Bahadur Gurung, local of Kaski; the branch at Saljhandi was inaugurated by Raj Bahadur Chettri, President of Sainamaina Chamber of Commerce and Industries; and the branch at Rudrapur was inaugurated by Surendra Prasad Shrestha, central member of FNCCI.&nbsp;</p>
',
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			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5691',
			'image' => '20170519110003_nic.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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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';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5920',
			'article_category_id' => '1',
			'title' => 'National Cooperative Bank in NCHL-IPS System',
			'sub_title' => '',
			'summary' => 'May 22:  National Cooperative Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the bank. Neelesh Man Singh Pradhan, CEO of NCHL and KB Upreti, Managing Dire',
			'content' => '<p style="text-align: justify;">May 22: &nbsp;National Cooperative Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the bank. Neelesh Man Singh Pradhan, CEO of NCHL and KB Upreti, Managing Director of the bank signed the agreement to this effect on May 21.</p>

<p style="text-align: justify;">Customers can withdraw and make payments from any account of the banks and financial institutions under the NCHL-IPS system. &ldquo;Under this service customers can make payments of cash, dividends, IPO refund, bills, insurance premium, social welfare allowance, pension/salary, remittance and all other types of payments,&rdquo; informs the service provider in a press statement.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-22',
			'modified' => '2017-05-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5705',
			'image' => '20170522114932_nchl.jpg',
			'article_date' => '2017-05-22 00:00:00',
			'homepage' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '5919',
			'article_category_id' => '1',
			'title' => 'Sunrise Bank Starts Branch at Birendranagar',
			'sub_title' => '',
			'summary' => 'May 22: Sunrise Bank has started a branch at Birendranagar, Surkhet. Guru Prasad Poudel, Director of Nepal Rastra Bank, Nepalgunj and Prakash Poudel, President of Surkhet Chamber of Commerce and Industries jointly inaugurated the branch amid a program on May 21. “After acquiring Narayani National Finance, Sunrise Bank had two branches in Dhangadi. Out of the two branches, it transferred a branch to Birendrana',
			'content' => '<p style="text-align: justify;">May 22: Sunrise Bank has started a branch at Birendranagar, Surkhet. Guru Prasad Poudel, Director of Nepal Rastra Bank, Nepalgunj and Prakash Poudel, President of Surkhet Chamber of Commerce and Industries jointly inaugurated the branch amid a program on May 21. &ldquo;After acquiring Narayani National Finance, Sunrise Bank had two branches in Dhangadi. Out of the two branches, it transferred a branch to Birendranagar,&rdquo; said Ratna Raj Bajracharya, CEO of the bank. According to Bajracharya, the branch also provides locker services to the customers. Presently, the bank is providing its services through 69 branches and 79 ATM outlets.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-22',
			'modified' => '2017-05-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5704',
			'image' => '20170522113048_sunrise.jpg',
			'article_date' => '2017-05-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
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	(int) 2 => array(
		'Article' => array(
			'id' => '5918',
			'article_category_id' => '1',
			'title' => 'Reconstruction Lacks Budget of Rs 300 billion',
			'sub_title' => '',
			'summary' => 'May 21: Apparently, the reconstruction works after the devastating earthquake of April, 2015 now lacks a budget of Rs 308.44 billion for its ongoing works.',
			'content' => '<p style="text-align:justify">May 21: Apparently, the reconstruction works after the devastating earthquake of April, 2015 now lacks a budget of Rs 308.44 billion for its ongoing works.</p>

<p style="text-align:justify">According to the National Reconstruction Authority (NRA), reconstruction budget is insufficient in the major five areas including construction of private houses, schools, archaeological heritage sites, government buildings and health institutions.</p>

<p style="text-align:justify">The Post-Disaster Needs Assessment (PDNA) report prepared immediately after the earthquake had indicated requirement of Rs 938 billion budget for reconstruction.</p>

<p style="text-align:justify">&ldquo;Presently, nearly Rs 600 billion budget has been managed. However, we still&nbsp; lack nearly Rs 308 billion budget, for which, we are discussing &nbsp;with the Finance Ministry and various other donor agencies to fulfill the budget need,&rdquo; said Yam Lal Bhusal, Spokesperson of NRA.</p>

<p style="text-align:justify">The budget for post-earthquake reconstruction is received from the government, as well as grants and soft loan from various donor agencies. Moreover, the main source of the budget is donation and soft loan from various donor agencies.</p>

<p style="text-align:justify">The recent rise in market price and inflation tends to increase the budget requirement for reconstruction process, which was predicted immediately after the earthquake two years back.</p>

<p style="text-align:justify">The budget deficiency is likely to hit the reconstruction of residential homes for earthquake survivors the most. The construction of homes for earthquake survivors lacks Rs 142.99 billion budget, whereas construction of health institutions lacks Rs 10.25 billion.</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5703',
			'image' => '20170521035745_recns.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 3 => array(
		'Article' => array(
			'id' => '5917',
			'article_category_id' => '1',
			'title' => 'Salt Trading Imports 50,000 metric tons Sugar at 1% Customs',
			'sub_title' => '',
			'summary' => 'May 21: Salt Trading Corporation (STC) is importing 50,000 metric ton sugar from India. In a bid to end private sector’s monopoly and avail sugar at a reasonable price, STC started the import,” said Kumar Raj Bhandari, General Manager of STC.',
			'content' => '<p style="text-align: justify;">May 21: Salt Trading Corporation (STC) is importing 50,000 metric ton sugar from India. In a bid to end private sector&rsquo;s monopoly and avail sugar at a reasonable price, STC started the import,&rdquo; said Kumar Raj Bhandari, General Manager of STC.</p>

<p style="text-align: justify;">In the recent days, an artificial shortage of sugar is seen in the market. To cope with the shortage, the government permitted STC to import 50,000 metric tons of sugar.&nbsp; Immediately after the shortage, STC submitted a proposal of importing sugar in one percent customs charge to Finance Ministry which the ministry accordingly permitted. As per the government&rsquo;s permission, STC purchased 50,000 metric tons of sugar from Renuka Sugar Mills, Haldiya, India through tender.</p>

<p style="text-align: justify;">According to Bhandari, in the first phase, 2500 metric tons of sugar has been brought up to Raxaul through railway. The sugar has been purchased with Rs 5 billion through tender bidding. &ldquo;In the first phase, 2500 metric tons of sugar has been brought, STC is expediting the process of bringing the rest,&rdquo; he added.&nbsp;</p>

<p style="text-align: justify;">STC imported the sugar with the permission of the Finance Ministry with a tax concession of 14 percent. After procuring the entire quantity, price of the sugar will be calculated after the calculation of cost, transportation and customs charge.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5702',
			'image' => '20170521012648_sugar.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 4 => array(
		'Article' => array(
			'id' => '5916',
			'article_category_id' => '1',
			'title' => 'City Express Extends Support to Dhurmus-Suntali Foundation',
			'sub_title' => '',
			'summary' => 'May 21: A remittance service provider company, City Express Money Transfer has extended its support to Dhurmus-Suntali Foundation. The company handed over a cheque of Rs 2.9 million to the foundation in the ‘Dhurmus-Suntali Night’ held in Nakano Zero Hall, Japan.',
			'content' => '<p style="text-align: justify;">May 21: A remittance service provider company, City Express Money Transfer has extended its support to Dhurmus-Suntali Foundation. The company handed over a cheque of Rs 2.9 million to the foundation in the &lsquo;Dhurmus-Suntali Night&rsquo; held in Nakano Zero Hall, Japan.</p>

<p style="text-align: justify;">Mahesh Kumar Shrestha, Chairman of City Express handed over the cheque to Sitram Kattel and Kunjana Ghimire of the foundation on behalf of the company. City Express handed over the amount by adding Rs 1.5 million on the amount of Rs 1.4 million collected from the program, said the company in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5701',
			'image' => '20170521120936_city express.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 5 => array(
		'Article' => array(
			'id' => '5915',
			'article_category_id' => '1',
			'title' => 'TVS Showroom in Phidim',
			'sub_title' => '',
			'summary' => 'May 21: A TVS motorcycle showroom has been started in Phidim, Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries inaugurated the showroom amid a program on May 19.',
			'content' => '<p style="text-align: justify;">May 21: A TVS motorcycle showroom has been started in Phidim, Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries inaugurated the showroom amid a program on May 19.</p>

<p style="text-align: justify;">&ldquo;DG Trader, the authorized distributor of Jagadamba Motors, started the showroom targeting market of Panchthar, Taplejung and Tehrathum,&rdquo; said Dilip Poudel, Proprietor of the showroom. &ldquo;Now the customers can easily get 3S (sales, service and spare parts) services of TVS two wheelers from Phidim,&rdquo; said Shyam Khatiwada, Mechi-Koshi Regional officer of Jagdamba Motors.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5700',
			'image' => '20170521115200_tvs.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 6 => array(
		'Article' => array(
			'id' => '5914',
			'article_category_id' => '1',
			'title' => 'Laxmi Intercontinental Bags Regional Excellence Award',
			'sub_title' => '',
			'summary' => 'May 21: Laxmi Intercontinental, the authorized distributor of Hyundai vehicles for Nepal, has bagged ‘Regional Excellence Award’. The company bagged the Regional Excellence Award 2016 under Asia and Pacific region category. The company was handed over the award in a Global Distributors ',
			'content' => '<p style="text-align: justify;">May 21: Laxmi Intercontinental, the authorized distributor of Hyundai vehicles for Nepal, has bagged &lsquo;Regional Excellence Award&rsquo;. The company bagged the Regional Excellence Award 2016 under Asia and Pacific region category. The company was handed over the award in a Global Distributors Convention held in South Korea from May 10-13.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5699',
			'image' => '20170521113522_laxmi.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5913',
			'article_category_id' => '1',
			'title' => 'Right Issue of Nepal SBI Starts Today',
			'sub_title' => '',
			'summary' => 'May 21: Investors with shares of Nepal SBI Bank can now apply for right issues from today. The bank commenced floatation of the 10:4 right issues from May 21. The interested shareholders registered in the book of the bank by May 8 can apply for the right shares. The bank is floating 19,919,423.60 unit',
			'content' => '<p style="text-align:justify">May 21: Investors with shares of Nepal SBI Bank can now apply for right issues from today. The bank commenced floatation of the 10:4 right issues from May 21. The interested shareholders registered in the book of the bank by May 8 can apply for the right shares. The bank is floating 19,919,423.60 units of right shares with a face value of Rs 100 to its existing shareholders. The right issue will closed on June 25. NMB Capital is the issue manager of the bank.&nbsp;</p>

<p style="text-align:justify"><img alt="" src="/userfiles/images/sbi%281%29.jpg" style="height:721px; width:500px" /></p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5698',
			'image' => '20170521112648_sbi 2.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5912',
			'article_category_id' => '1',
			'title' => 'Gorkha Brewery Installs Solar Lights in Dharan',
			'sub_title' => '',
			'summary' => 'May 19: Solar lights and CCTV cameras have been installed in Soti River, Bagarkot, Dharan with a support of Gorkha Brewery. 22 solar lights and three CCTV cameras have been installed in the area with the support. Earlier, the company also provided support on installation of 21 solar lights at Hattisar, Kathmandu. The company extended t',
			'content' => '<p style="text-align: justify;">May 19: Solar lights and CCTV cameras have been installed in Soti River, Bagarkot, Dharan with a support of Gorkha Brewery. 22 solar lights and three CCTV cameras have been installed in the area with the support. Earlier, the company also provided support on installation of 21 solar lights at Hattisar, Kathmandu. The company extended the support in collaboration with police and local people. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5697',
			'image' => '20170519021115_gorkha brewery.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5911',
			'article_category_id' => '1',
			'title' => 'Yeti and UNDP Inks Deal for SDGs',
			'sub_title' => '',
			'summary' => 'May 19: A Nepali domestic airlines company, Yeti Airlines and United Nation Development Program (UNDP) has inked a new agreement.',
			'content' => '<p style="text-align: justify;">May 19: A Nepali domestic airlines company, Yeti Airlines and United Nation Development Program (UNDP) has inked a new agreement.</p>

<p style="text-align: justify;">Yeti Airlines and UNDP made the agreement regarding promotion and achievement of sustainable development goals (SDGs) of Nepal. Renaud Meyer, Country Director, UNDP Nepal and Umesh Chandra Rai, CEO of Yeti Airlines signed the agreement paper on May 18.</p>

<p style="text-align: justify;">The SDGs target to end worldwide poverty by2030. Under the agreement, the UNDP and Yeti Airlines will collaborate to raise awareness on the SDGs.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5696',
			'image' => '20170519020244_yeti.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 10 => array(
		'Article' => array(
			'id' => '5910',
			'article_category_id' => '1',
			'title' => 'SEBON Raises Paid-up capital of Securities Brokers by 10folds',
			'sub_title' => '',
			'summary' => 'May 19: As per the first amendment of Securities Businessperson Regulation made by Securities board of Nepal (SEBON), securities broker companies are required to increase their paid-up capital by 10 folds to Rs 20 million. Earlier the paid-up capital was Rs 2 million.',
			'content' => '<p style="text-align: justify;">May 19: As per the first amendment of Securities Businessperson Regulation made by Securities board of Nepal (SEBON), securities broker companies are required to increase their paid-up capital by 10 folds to Rs 20 million. Earlier the paid-up capital was Rs 2 million.</p>

<p style="text-align: justify;">The first amendment of the regulation has also set new mechanism for branch expansion of broker companies. According to the amended regulation, &nbsp;brokers companies are compelled to obtain approval from SEBON before their branch expansion. The regulation authorizes SEBON of setting required infrastructure and other conditions for broker companies as well.</p>

<p style="text-align: justify;">&ldquo;The amendment has been made to make the services of broker companies nationwide and manageable,&rdquo; said SEBON. Similarly, as per the amended regulation, the head office of any broker company must be lead by commerce, management, economy, law graduate or a chartered accountant. Moreover, these stock brokers must employ at least five employees including compliance officer and information technology officer in their offices.&nbsp;</p>

<p style="text-align: justify;"><img alt="" src="/userfiles/images/sebon.jpg" style="height:565px; width:409px" /></p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5695',
			'image' => '20170519014612_sebon.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '5909',
			'article_category_id' => '1',
			'title' => 'Sanjen Hydropower Appoints CIT as Issue Manager',
			'sub_title' => '',
			'summary' => 'May 19: Sanjen Hydropower Company has appointed an issue manager for its upcoming share issuance.  Sanjen appointed Citizens’ Investment Trust (CIT) as a lead issue manager to be supported by five other companies as assisting issue managers.',
			'content' => '<p style="text-align: justify;">May 19: Sanjen Hydropower Company has appointed an issue manager for its upcoming share issuance. &nbsp;Sanjen appointed Citizens&rsquo; Investment Trust (CIT) as a lead issue manager to be supported by five other companies as assisting issue managers.</p>

<p style="text-align: justify;">CIT signed an agreement with NCM Merchant Banking, Civil Capital Market, Prabhu Capital, NMB Capital and Global IME Capital regarding the share issuance on May 18.</p>

<p style="text-align: justify;">Ram Krishna Pokharel, Executive Director of CIT, Bijay Lal Shrestha, Managing Director of NCM, Parag Bista, CEO of Civil, Shanker Prasad Kalikota, General Manager of Prabhu Capital, Srijesh Ghimire, CEO of NMB Capital and Paras Mani Dhakal, CEO of Global IME Capital signed the agreement amid a program.</p>

<p style="text-align: justify;">&ldquo;The agreement was carried out to issue shares of first phase. Under this, group &lsquo;C&rsquo; shares allocated to employees of creditors&rsquo; company, promoter shares to employees, group &lsquo;D&rsquo; shares allocated to depositors of Employees Provident Fund (EPF)totaling 8,760,000 units of shares will be issued,&rdquo; said Udhav Silwal, Information Officer of CIT.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5694',
			'image' => '20170519125919_Sanjen.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '5908',
			'article_category_id' => '1',
			'title' => 'Kwid Rolls out in Dang Market',
			'sub_title' => '',
			'summary' => 'May 19: Joshi Autovilla, Ghorahi has initiated sales of Kwid car in Dang. “Autovilla started the sales of Kwid in the absence of an official showroom,” said Aayush Shrestha, managing director of Autovilla. “The district does not have any dealer for the Kwid. I started the sales of the car for the first time in the area. Customers are gradually b',
			'content' => '<p style="text-align: justify;">May 19: Joshi Autovilla, Ghorahi has initiated sales of Kwid car in Dang. &ldquo;Autovilla started the sales of Kwid in the absence of an official showroom,&rdquo; said Aayush Shrestha, managing director of Autovilla. &ldquo;The district does not have any dealer for the Kwid. I started the sales of the car for the first time in the area. Customers are gradually being attracted to the car,&rdquo; he added.</p>

<p style="text-align: justify;">Advance Automobile, the authorized distributor of Renault Kwid launched the car during the last Dashain. The car with advance features has been priced Rs 1.8 million to Rs 5.6 million in the domestic market, informed Shrestha. Kwid, a product of French carmaker company is the top selling car of India. Because of its best ground clearance, it is suitable to Nepali territory as well, Shrestha stated.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5693',
			'image' => '20170519113646_kwid.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '5907',
			'article_category_id' => '1',
			'title' => 'Civil Bank Endorses Bonus',
			'sub_title' => '',
			'summary' => 'May 19: Civil Bank Ltd is distributing nearly three percent bonus to its shareholders. The 6th annual general meeting of the bank held on May 18 endorsed a proposal regarding the bonus. Moreover, the meeting also endorsed a Due Diligence Audit (DDA) report of Unique Finance and Hama Merchant Finance submitted by valuator J B Rajbhandary an',
			'content' => '<p style="text-align: justify;">May 19: Civil Bank Ltd is distributing nearly three percent bonus to its shareholders. The 6<sup>th</sup> annual general meeting of the bank held on May 18 endorsed a proposal regarding the bonus. Moreover, the meeting also endorsed a Due Diligence Audit (DDA) report of Unique Finance and Hama Merchant Finance submitted by valuator J B Rajbhandary and DiBins for acquirement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5692',
			'image' => '20170519110910_civil bank.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 14 => array(
		'Article' => array(
			'id' => '5906',
			'article_category_id' => '1',
			'title' => 'NIC Asia Bank Starts 4 New Branches in Its Network',
			'sub_title' => '',
			'summary' => 'May 19: NIC Asia Bank has started new branches in four locations. The bank inaugurated the new branches organizing separate programs on May 18.',
			'content' => '<p style="text-align: justify;">May 19: NIC Asia Bank has started new branches in four locations. The bank inaugurated the new branches organizing separate programs on May 18.</p>

<p style="text-align: justify;">The bank&rsquo;s branch at Manigram was inaugurated by Gunanidhi Bhandari, President of Tilotama Chamber of Commerce and Industries; the branch at Nayapul, Kaski was inaugurated by Kul Bahadur Gurung, local of Kaski; the branch at Saljhandi was inaugurated by Raj Bahadur Chettri, President of Sainamaina Chamber of Commerce and Industries; and the branch at Rudrapur was inaugurated by Surendra Prasad Shrestha, central member of FNCCI.&nbsp;</p>
',
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			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5691',
			'image' => '20170519110003_nic.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

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



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5920',
			'article_category_id' => '1',
			'title' => 'National Cooperative Bank in NCHL-IPS System',
			'sub_title' => '',
			'summary' => 'May 22:  National Cooperative Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the bank. Neelesh Man Singh Pradhan, CEO of NCHL and KB Upreti, Managing Dire',
			'content' => '<p style="text-align: justify;">May 22: &nbsp;National Cooperative Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the bank. Neelesh Man Singh Pradhan, CEO of NCHL and KB Upreti, Managing Director of the bank signed the agreement to this effect on May 21.</p>

<p style="text-align: justify;">Customers can withdraw and make payments from any account of the banks and financial institutions under the NCHL-IPS system. &ldquo;Under this service customers can make payments of cash, dividends, IPO refund, bills, insurance premium, social welfare allowance, pension/salary, remittance and all other types of payments,&rdquo; informs the service provider in a press statement.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-22',
			'modified' => '2017-05-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5705',
			'image' => '20170522114932_nchl.jpg',
			'article_date' => '2017-05-22 00:00:00',
			'homepage' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '5919',
			'article_category_id' => '1',
			'title' => 'Sunrise Bank Starts Branch at Birendranagar',
			'sub_title' => '',
			'summary' => 'May 22: Sunrise Bank has started a branch at Birendranagar, Surkhet. Guru Prasad Poudel, Director of Nepal Rastra Bank, Nepalgunj and Prakash Poudel, President of Surkhet Chamber of Commerce and Industries jointly inaugurated the branch amid a program on May 21. “After acquiring Narayani National Finance, Sunrise Bank had two branches in Dhangadi. Out of the two branches, it transferred a branch to Birendrana',
			'content' => '<p style="text-align: justify;">May 22: Sunrise Bank has started a branch at Birendranagar, Surkhet. Guru Prasad Poudel, Director of Nepal Rastra Bank, Nepalgunj and Prakash Poudel, President of Surkhet Chamber of Commerce and Industries jointly inaugurated the branch amid a program on May 21. &ldquo;After acquiring Narayani National Finance, Sunrise Bank had two branches in Dhangadi. Out of the two branches, it transferred a branch to Birendranagar,&rdquo; said Ratna Raj Bajracharya, CEO of the bank. According to Bajracharya, the branch also provides locker services to the customers. Presently, the bank is providing its services through 69 branches and 79 ATM outlets.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-22',
			'modified' => '2017-05-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5704',
			'image' => '20170522113048_sunrise.jpg',
			'article_date' => '2017-05-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 2 => array(
		'Article' => array(
			'id' => '5918',
			'article_category_id' => '1',
			'title' => 'Reconstruction Lacks Budget of Rs 300 billion',
			'sub_title' => '',
			'summary' => 'May 21: Apparently, the reconstruction works after the devastating earthquake of April, 2015 now lacks a budget of Rs 308.44 billion for its ongoing works.',
			'content' => '<p style="text-align:justify">May 21: Apparently, the reconstruction works after the devastating earthquake of April, 2015 now lacks a budget of Rs 308.44 billion for its ongoing works.</p>

<p style="text-align:justify">According to the National Reconstruction Authority (NRA), reconstruction budget is insufficient in the major five areas including construction of private houses, schools, archaeological heritage sites, government buildings and health institutions.</p>

<p style="text-align:justify">The Post-Disaster Needs Assessment (PDNA) report prepared immediately after the earthquake had indicated requirement of Rs 938 billion budget for reconstruction.</p>

<p style="text-align:justify">&ldquo;Presently, nearly Rs 600 billion budget has been managed. However, we still&nbsp; lack nearly Rs 308 billion budget, for which, we are discussing &nbsp;with the Finance Ministry and various other donor agencies to fulfill the budget need,&rdquo; said Yam Lal Bhusal, Spokesperson of NRA.</p>

<p style="text-align:justify">The budget for post-earthquake reconstruction is received from the government, as well as grants and soft loan from various donor agencies. Moreover, the main source of the budget is donation and soft loan from various donor agencies.</p>

<p style="text-align:justify">The recent rise in market price and inflation tends to increase the budget requirement for reconstruction process, which was predicted immediately after the earthquake two years back.</p>

<p style="text-align:justify">The budget deficiency is likely to hit the reconstruction of residential homes for earthquake survivors the most. The construction of homes for earthquake survivors lacks Rs 142.99 billion budget, whereas construction of health institutions lacks Rs 10.25 billion.</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5703',
			'image' => '20170521035745_recns.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 3 => array(
		'Article' => array(
			'id' => '5917',
			'article_category_id' => '1',
			'title' => 'Salt Trading Imports 50,000 metric tons Sugar at 1% Customs',
			'sub_title' => '',
			'summary' => 'May 21: Salt Trading Corporation (STC) is importing 50,000 metric ton sugar from India. In a bid to end private sector’s monopoly and avail sugar at a reasonable price, STC started the import,” said Kumar Raj Bhandari, General Manager of STC.',
			'content' => '<p style="text-align: justify;">May 21: Salt Trading Corporation (STC) is importing 50,000 metric ton sugar from India. In a bid to end private sector&rsquo;s monopoly and avail sugar at a reasonable price, STC started the import,&rdquo; said Kumar Raj Bhandari, General Manager of STC.</p>

<p style="text-align: justify;">In the recent days, an artificial shortage of sugar is seen in the market. To cope with the shortage, the government permitted STC to import 50,000 metric tons of sugar.&nbsp; Immediately after the shortage, STC submitted a proposal of importing sugar in one percent customs charge to Finance Ministry which the ministry accordingly permitted. As per the government&rsquo;s permission, STC purchased 50,000 metric tons of sugar from Renuka Sugar Mills, Haldiya, India through tender.</p>

<p style="text-align: justify;">According to Bhandari, in the first phase, 2500 metric tons of sugar has been brought up to Raxaul through railway. The sugar has been purchased with Rs 5 billion through tender bidding. &ldquo;In the first phase, 2500 metric tons of sugar has been brought, STC is expediting the process of bringing the rest,&rdquo; he added.&nbsp;</p>

<p style="text-align: justify;">STC imported the sugar with the permission of the Finance Ministry with a tax concession of 14 percent. After procuring the entire quantity, price of the sugar will be calculated after the calculation of cost, transportation and customs charge.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5702',
			'image' => '20170521012648_sugar.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 4 => array(
		'Article' => array(
			'id' => '5916',
			'article_category_id' => '1',
			'title' => 'City Express Extends Support to Dhurmus-Suntali Foundation',
			'sub_title' => '',
			'summary' => 'May 21: A remittance service provider company, City Express Money Transfer has extended its support to Dhurmus-Suntali Foundation. The company handed over a cheque of Rs 2.9 million to the foundation in the ‘Dhurmus-Suntali Night’ held in Nakano Zero Hall, Japan.',
			'content' => '<p style="text-align: justify;">May 21: A remittance service provider company, City Express Money Transfer has extended its support to Dhurmus-Suntali Foundation. The company handed over a cheque of Rs 2.9 million to the foundation in the &lsquo;Dhurmus-Suntali Night&rsquo; held in Nakano Zero Hall, Japan.</p>

<p style="text-align: justify;">Mahesh Kumar Shrestha, Chairman of City Express handed over the cheque to Sitram Kattel and Kunjana Ghimire of the foundation on behalf of the company. City Express handed over the amount by adding Rs 1.5 million on the amount of Rs 1.4 million collected from the program, said the company in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5701',
			'image' => '20170521120936_city express.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5915',
			'article_category_id' => '1',
			'title' => 'TVS Showroom in Phidim',
			'sub_title' => '',
			'summary' => 'May 21: A TVS motorcycle showroom has been started in Phidim, Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries inaugurated the showroom amid a program on May 19.',
			'content' => '<p style="text-align: justify;">May 21: A TVS motorcycle showroom has been started in Phidim, Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries inaugurated the showroom amid a program on May 19.</p>

<p style="text-align: justify;">&ldquo;DG Trader, the authorized distributor of Jagadamba Motors, started the showroom targeting market of Panchthar, Taplejung and Tehrathum,&rdquo; said Dilip Poudel, Proprietor of the showroom. &ldquo;Now the customers can easily get 3S (sales, service and spare parts) services of TVS two wheelers from Phidim,&rdquo; said Shyam Khatiwada, Mechi-Koshi Regional officer of Jagdamba Motors.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5700',
			'image' => '20170521115200_tvs.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 6 => array(
		'Article' => array(
			'id' => '5914',
			'article_category_id' => '1',
			'title' => 'Laxmi Intercontinental Bags Regional Excellence Award',
			'sub_title' => '',
			'summary' => 'May 21: Laxmi Intercontinental, the authorized distributor of Hyundai vehicles for Nepal, has bagged ‘Regional Excellence Award’. The company bagged the Regional Excellence Award 2016 under Asia and Pacific region category. The company was handed over the award in a Global Distributors ',
			'content' => '<p style="text-align: justify;">May 21: Laxmi Intercontinental, the authorized distributor of Hyundai vehicles for Nepal, has bagged &lsquo;Regional Excellence Award&rsquo;. The company bagged the Regional Excellence Award 2016 under Asia and Pacific region category. The company was handed over the award in a Global Distributors Convention held in South Korea from May 10-13.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5699',
			'image' => '20170521113522_laxmi.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5913',
			'article_category_id' => '1',
			'title' => 'Right Issue of Nepal SBI Starts Today',
			'sub_title' => '',
			'summary' => 'May 21: Investors with shares of Nepal SBI Bank can now apply for right issues from today. The bank commenced floatation of the 10:4 right issues from May 21. The interested shareholders registered in the book of the bank by May 8 can apply for the right shares. The bank is floating 19,919,423.60 unit',
			'content' => '<p style="text-align:justify">May 21: Investors with shares of Nepal SBI Bank can now apply for right issues from today. The bank commenced floatation of the 10:4 right issues from May 21. The interested shareholders registered in the book of the bank by May 8 can apply for the right shares. The bank is floating 19,919,423.60 units of right shares with a face value of Rs 100 to its existing shareholders. The right issue will closed on June 25. NMB Capital is the issue manager of the bank.&nbsp;</p>

<p style="text-align:justify"><img alt="" src="/userfiles/images/sbi%281%29.jpg" style="height:721px; width:500px" /></p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5698',
			'image' => '20170521112648_sbi 2.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 8 => array(
		'Article' => array(
			'id' => '5912',
			'article_category_id' => '1',
			'title' => 'Gorkha Brewery Installs Solar Lights in Dharan',
			'sub_title' => '',
			'summary' => 'May 19: Solar lights and CCTV cameras have been installed in Soti River, Bagarkot, Dharan with a support of Gorkha Brewery. 22 solar lights and three CCTV cameras have been installed in the area with the support. Earlier, the company also provided support on installation of 21 solar lights at Hattisar, Kathmandu. The company extended t',
			'content' => '<p style="text-align: justify;">May 19: Solar lights and CCTV cameras have been installed in Soti River, Bagarkot, Dharan with a support of Gorkha Brewery. 22 solar lights and three CCTV cameras have been installed in the area with the support. Earlier, the company also provided support on installation of 21 solar lights at Hattisar, Kathmandu. The company extended the support in collaboration with police and local people. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5697',
			'image' => '20170519021115_gorkha brewery.jpg',
			'article_date' => '2017-05-19 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '5911',
			'article_category_id' => '1',
			'title' => 'Yeti and UNDP Inks Deal for SDGs',
			'sub_title' => '',
			'summary' => 'May 19: A Nepali domestic airlines company, Yeti Airlines and United Nation Development Program (UNDP) has inked a new agreement.',
			'content' => '<p style="text-align: justify;">May 19: A Nepali domestic airlines company, Yeti Airlines and United Nation Development Program (UNDP) has inked a new agreement.</p>

<p style="text-align: justify;">Yeti Airlines and UNDP made the agreement regarding promotion and achievement of sustainable development goals (SDGs) of Nepal. Renaud Meyer, Country Director, UNDP Nepal and Umesh Chandra Rai, CEO of Yeti Airlines signed the agreement paper on May 18.</p>

<p style="text-align: justify;">The SDGs target to end worldwide poverty by2030. Under the agreement, the UNDP and Yeti Airlines will collaborate to raise awareness on the SDGs.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5696',
			'image' => '20170519020244_yeti.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5910',
			'article_category_id' => '1',
			'title' => 'SEBON Raises Paid-up capital of Securities Brokers by 10folds',
			'sub_title' => '',
			'summary' => 'May 19: As per the first amendment of Securities Businessperson Regulation made by Securities board of Nepal (SEBON), securities broker companies are required to increase their paid-up capital by 10 folds to Rs 20 million. Earlier the paid-up capital was Rs 2 million.',
			'content' => '<p style="text-align: justify;">May 19: As per the first amendment of Securities Businessperson Regulation made by Securities board of Nepal (SEBON), securities broker companies are required to increase their paid-up capital by 10 folds to Rs 20 million. Earlier the paid-up capital was Rs 2 million.</p>

<p style="text-align: justify;">The first amendment of the regulation has also set new mechanism for branch expansion of broker companies. According to the amended regulation, &nbsp;brokers companies are compelled to obtain approval from SEBON before their branch expansion. The regulation authorizes SEBON of setting required infrastructure and other conditions for broker companies as well.</p>

<p style="text-align: justify;">&ldquo;The amendment has been made to make the services of broker companies nationwide and manageable,&rdquo; said SEBON. Similarly, as per the amended regulation, the head office of any broker company must be lead by commerce, management, economy, law graduate or a chartered accountant. Moreover, these stock brokers must employ at least five employees including compliance officer and information technology officer in their offices.&nbsp;</p>

<p style="text-align: justify;"><img alt="" src="/userfiles/images/sebon.jpg" style="height:565px; width:409px" /></p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5695',
			'image' => '20170519014612_sebon.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 11 => array(
		'Article' => array(
			'id' => '5909',
			'article_category_id' => '1',
			'title' => 'Sanjen Hydropower Appoints CIT as Issue Manager',
			'sub_title' => '',
			'summary' => 'May 19: Sanjen Hydropower Company has appointed an issue manager for its upcoming share issuance.  Sanjen appointed Citizens’ Investment Trust (CIT) as a lead issue manager to be supported by five other companies as assisting issue managers.',
			'content' => '<p style="text-align: justify;">May 19: Sanjen Hydropower Company has appointed an issue manager for its upcoming share issuance. &nbsp;Sanjen appointed Citizens&rsquo; Investment Trust (CIT) as a lead issue manager to be supported by five other companies as assisting issue managers.</p>

<p style="text-align: justify;">CIT signed an agreement with NCM Merchant Banking, Civil Capital Market, Prabhu Capital, NMB Capital and Global IME Capital regarding the share issuance on May 18.</p>

<p style="text-align: justify;">Ram Krishna Pokharel, Executive Director of CIT, Bijay Lal Shrestha, Managing Director of NCM, Parag Bista, CEO of Civil, Shanker Prasad Kalikota, General Manager of Prabhu Capital, Srijesh Ghimire, CEO of NMB Capital and Paras Mani Dhakal, CEO of Global IME Capital signed the agreement amid a program.</p>

<p style="text-align: justify;">&ldquo;The agreement was carried out to issue shares of first phase. Under this, group &lsquo;C&rsquo; shares allocated to employees of creditors&rsquo; company, promoter shares to employees, group &lsquo;D&rsquo; shares allocated to depositors of Employees Provident Fund (EPF)totaling 8,760,000 units of shares will be issued,&rdquo; said Udhav Silwal, Information Officer of CIT.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5694',
			'image' => '20170519125919_Sanjen.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5908',
			'article_category_id' => '1',
			'title' => 'Kwid Rolls out in Dang Market',
			'sub_title' => '',
			'summary' => 'May 19: Joshi Autovilla, Ghorahi has initiated sales of Kwid car in Dang. “Autovilla started the sales of Kwid in the absence of an official showroom,” said Aayush Shrestha, managing director of Autovilla. “The district does not have any dealer for the Kwid. I started the sales of the car for the first time in the area. Customers are gradually b',
			'content' => '<p style="text-align: justify;">May 19: Joshi Autovilla, Ghorahi has initiated sales of Kwid car in Dang. &ldquo;Autovilla started the sales of Kwid in the absence of an official showroom,&rdquo; said Aayush Shrestha, managing director of Autovilla. &ldquo;The district does not have any dealer for the Kwid. I started the sales of the car for the first time in the area. Customers are gradually being attracted to the car,&rdquo; he added.</p>

<p style="text-align: justify;">Advance Automobile, the authorized distributor of Renault Kwid launched the car during the last Dashain. The car with advance features has been priced Rs 1.8 million to Rs 5.6 million in the domestic market, informed Shrestha. Kwid, a product of French carmaker company is the top selling car of India. Because of its best ground clearance, it is suitable to Nepali territory as well, Shrestha stated.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5693',
			'image' => '20170519113646_kwid.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '5907',
			'article_category_id' => '1',
			'title' => 'Civil Bank Endorses Bonus',
			'sub_title' => '',
			'summary' => 'May 19: Civil Bank Ltd is distributing nearly three percent bonus to its shareholders. The 6th annual general meeting of the bank held on May 18 endorsed a proposal regarding the bonus. Moreover, the meeting also endorsed a Due Diligence Audit (DDA) report of Unique Finance and Hama Merchant Finance submitted by valuator J B Rajbhandary an',
			'content' => '<p style="text-align: justify;">May 19: Civil Bank Ltd is distributing nearly three percent bonus to its shareholders. The 6<sup>th</sup> annual general meeting of the bank held on May 18 endorsed a proposal regarding the bonus. Moreover, the meeting also endorsed a Due Diligence Audit (DDA) report of Unique Finance and Hama Merchant Finance submitted by valuator J B Rajbhandary and DiBins for acquirement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5692',
			'image' => '20170519110910_civil bank.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '5906',
			'article_category_id' => '1',
			'title' => 'NIC Asia Bank Starts 4 New Branches in Its Network',
			'sub_title' => '',
			'summary' => 'May 19: NIC Asia Bank has started new branches in four locations. The bank inaugurated the new branches organizing separate programs on May 18.',
			'content' => '<p style="text-align: justify;">May 19: NIC Asia Bank has started new branches in four locations. The bank inaugurated the new branches organizing separate programs on May 18.</p>

<p style="text-align: justify;">The bank&rsquo;s branch at Manigram was inaugurated by Gunanidhi Bhandari, President of Tilotama Chamber of Commerce and Industries; the branch at Nayapul, Kaski was inaugurated by Kul Bahadur Gurung, local of Kaski; the branch at Saljhandi was inaugurated by Raj Bahadur Chettri, President of Sainamaina Chamber of Commerce and Industries; and the branch at Rudrapur was inaugurated by Surendra Prasad Shrestha, central member of FNCCI.&nbsp;</p>
',
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			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5691',
			'image' => '20170519110003_nic.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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    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' => '5920',
			'article_category_id' => '1',
			'title' => 'National Cooperative Bank in NCHL-IPS System',
			'sub_title' => '',
			'summary' => 'May 22:  National Cooperative Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the bank. Neelesh Man Singh Pradhan, CEO of NCHL and KB Upreti, Managing Dire',
			'content' => '<p style="text-align: justify;">May 22: &nbsp;National Cooperative Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the bank. Neelesh Man Singh Pradhan, CEO of NCHL and KB Upreti, Managing Director of the bank signed the agreement to this effect on May 21.</p>

<p style="text-align: justify;">Customers can withdraw and make payments from any account of the banks and financial institutions under the NCHL-IPS system. &ldquo;Under this service customers can make payments of cash, dividends, IPO refund, bills, insurance premium, social welfare allowance, pension/salary, remittance and all other types of payments,&rdquo; informs the service provider in a press statement.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-22',
			'modified' => '2017-05-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5705',
			'image' => '20170522114932_nchl.jpg',
			'article_date' => '2017-05-22 00:00:00',
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	(int) 1 => array(
		'Article' => array(
			'id' => '5919',
			'article_category_id' => '1',
			'title' => 'Sunrise Bank Starts Branch at Birendranagar',
			'sub_title' => '',
			'summary' => 'May 22: Sunrise Bank has started a branch at Birendranagar, Surkhet. Guru Prasad Poudel, Director of Nepal Rastra Bank, Nepalgunj and Prakash Poudel, President of Surkhet Chamber of Commerce and Industries jointly inaugurated the branch amid a program on May 21. “After acquiring Narayani National Finance, Sunrise Bank had two branches in Dhangadi. Out of the two branches, it transferred a branch to Birendrana',
			'content' => '<p style="text-align: justify;">May 22: Sunrise Bank has started a branch at Birendranagar, Surkhet. Guru Prasad Poudel, Director of Nepal Rastra Bank, Nepalgunj and Prakash Poudel, President of Surkhet Chamber of Commerce and Industries jointly inaugurated the branch amid a program on May 21. &ldquo;After acquiring Narayani National Finance, Sunrise Bank had two branches in Dhangadi. Out of the two branches, it transferred a branch to Birendranagar,&rdquo; said Ratna Raj Bajracharya, CEO of the bank. According to Bajracharya, the branch also provides locker services to the customers. Presently, the bank is providing its services through 69 branches and 79 ATM outlets.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-22',
			'modified' => '2017-05-22',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5704',
			'image' => '20170522113048_sunrise.jpg',
			'article_date' => '2017-05-22 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
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	(int) 2 => array(
		'Article' => array(
			'id' => '5918',
			'article_category_id' => '1',
			'title' => 'Reconstruction Lacks Budget of Rs 300 billion',
			'sub_title' => '',
			'summary' => 'May 21: Apparently, the reconstruction works after the devastating earthquake of April, 2015 now lacks a budget of Rs 308.44 billion for its ongoing works.',
			'content' => '<p style="text-align:justify">May 21: Apparently, the reconstruction works after the devastating earthquake of April, 2015 now lacks a budget of Rs 308.44 billion for its ongoing works.</p>

<p style="text-align:justify">According to the National Reconstruction Authority (NRA), reconstruction budget is insufficient in the major five areas including construction of private houses, schools, archaeological heritage sites, government buildings and health institutions.</p>

<p style="text-align:justify">The Post-Disaster Needs Assessment (PDNA) report prepared immediately after the earthquake had indicated requirement of Rs 938 billion budget for reconstruction.</p>

<p style="text-align:justify">&ldquo;Presently, nearly Rs 600 billion budget has been managed. However, we still&nbsp; lack nearly Rs 308 billion budget, for which, we are discussing &nbsp;with the Finance Ministry and various other donor agencies to fulfill the budget need,&rdquo; said Yam Lal Bhusal, Spokesperson of NRA.</p>

<p style="text-align:justify">The budget for post-earthquake reconstruction is received from the government, as well as grants and soft loan from various donor agencies. Moreover, the main source of the budget is donation and soft loan from various donor agencies.</p>

<p style="text-align:justify">The recent rise in market price and inflation tends to increase the budget requirement for reconstruction process, which was predicted immediately after the earthquake two years back.</p>

<p style="text-align:justify">The budget deficiency is likely to hit the reconstruction of residential homes for earthquake survivors the most. The construction of homes for earthquake survivors lacks Rs 142.99 billion budget, whereas construction of health institutions lacks Rs 10.25 billion.</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5703',
			'image' => '20170521035745_recns.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 3 => array(
		'Article' => array(
			'id' => '5917',
			'article_category_id' => '1',
			'title' => 'Salt Trading Imports 50,000 metric tons Sugar at 1% Customs',
			'sub_title' => '',
			'summary' => 'May 21: Salt Trading Corporation (STC) is importing 50,000 metric ton sugar from India. In a bid to end private sector’s monopoly and avail sugar at a reasonable price, STC started the import,” said Kumar Raj Bhandari, General Manager of STC.',
			'content' => '<p style="text-align: justify;">May 21: Salt Trading Corporation (STC) is importing 50,000 metric ton sugar from India. In a bid to end private sector&rsquo;s monopoly and avail sugar at a reasonable price, STC started the import,&rdquo; said Kumar Raj Bhandari, General Manager of STC.</p>

<p style="text-align: justify;">In the recent days, an artificial shortage of sugar is seen in the market. To cope with the shortage, the government permitted STC to import 50,000 metric tons of sugar.&nbsp; Immediately after the shortage, STC submitted a proposal of importing sugar in one percent customs charge to Finance Ministry which the ministry accordingly permitted. As per the government&rsquo;s permission, STC purchased 50,000 metric tons of sugar from Renuka Sugar Mills, Haldiya, India through tender.</p>

<p style="text-align: justify;">According to Bhandari, in the first phase, 2500 metric tons of sugar has been brought up to Raxaul through railway. The sugar has been purchased with Rs 5 billion through tender bidding. &ldquo;In the first phase, 2500 metric tons of sugar has been brought, STC is expediting the process of bringing the rest,&rdquo; he added.&nbsp;</p>

<p style="text-align: justify;">STC imported the sugar with the permission of the Finance Ministry with a tax concession of 14 percent. After procuring the entire quantity, price of the sugar will be calculated after the calculation of cost, transportation and customs charge.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5702',
			'image' => '20170521012648_sugar.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'in_scroller' => false,
			'user_id' => '16'
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	(int) 4 => array(
		'Article' => array(
			'id' => '5916',
			'article_category_id' => '1',
			'title' => 'City Express Extends Support to Dhurmus-Suntali Foundation',
			'sub_title' => '',
			'summary' => 'May 21: A remittance service provider company, City Express Money Transfer has extended its support to Dhurmus-Suntali Foundation. The company handed over a cheque of Rs 2.9 million to the foundation in the ‘Dhurmus-Suntali Night’ held in Nakano Zero Hall, Japan.',
			'content' => '<p style="text-align: justify;">May 21: A remittance service provider company, City Express Money Transfer has extended its support to Dhurmus-Suntali Foundation. The company handed over a cheque of Rs 2.9 million to the foundation in the &lsquo;Dhurmus-Suntali Night&rsquo; held in Nakano Zero Hall, Japan.</p>

<p style="text-align: justify;">Mahesh Kumar Shrestha, Chairman of City Express handed over the cheque to Sitram Kattel and Kunjana Ghimire of the foundation on behalf of the company. City Express handed over the amount by adding Rs 1.5 million on the amount of Rs 1.4 million collected from the program, said the company in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5701',
			'image' => '20170521120936_city express.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '5915',
			'article_category_id' => '1',
			'title' => 'TVS Showroom in Phidim',
			'sub_title' => '',
			'summary' => 'May 21: A TVS motorcycle showroom has been started in Phidim, Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries inaugurated the showroom amid a program on May 19.',
			'content' => '<p style="text-align: justify;">May 21: A TVS motorcycle showroom has been started in Phidim, Panchthar. Mitra Prasad Kafle, President of Panchthar Chamber of Commerce and Industries inaugurated the showroom amid a program on May 19.</p>

<p style="text-align: justify;">&ldquo;DG Trader, the authorized distributor of Jagadamba Motors, started the showroom targeting market of Panchthar, Taplejung and Tehrathum,&rdquo; said Dilip Poudel, Proprietor of the showroom. &ldquo;Now the customers can easily get 3S (sales, service and spare parts) services of TVS two wheelers from Phidim,&rdquo; said Shyam Khatiwada, Mechi-Koshi Regional officer of Jagdamba Motors.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5700',
			'image' => '20170521115200_tvs.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5914',
			'article_category_id' => '1',
			'title' => 'Laxmi Intercontinental Bags Regional Excellence Award',
			'sub_title' => '',
			'summary' => 'May 21: Laxmi Intercontinental, the authorized distributor of Hyundai vehicles for Nepal, has bagged ‘Regional Excellence Award’. The company bagged the Regional Excellence Award 2016 under Asia and Pacific region category. The company was handed over the award in a Global Distributors ',
			'content' => '<p style="text-align: justify;">May 21: Laxmi Intercontinental, the authorized distributor of Hyundai vehicles for Nepal, has bagged &lsquo;Regional Excellence Award&rsquo;. The company bagged the Regional Excellence Award 2016 under Asia and Pacific region category. The company was handed over the award in a Global Distributors Convention held in South Korea from May 10-13.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5699',
			'image' => '20170521113522_laxmi.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5913',
			'article_category_id' => '1',
			'title' => 'Right Issue of Nepal SBI Starts Today',
			'sub_title' => '',
			'summary' => 'May 21: Investors with shares of Nepal SBI Bank can now apply for right issues from today. The bank commenced floatation of the 10:4 right issues from May 21. The interested shareholders registered in the book of the bank by May 8 can apply for the right shares. The bank is floating 19,919,423.60 unit',
			'content' => '<p style="text-align:justify">May 21: Investors with shares of Nepal SBI Bank can now apply for right issues from today. The bank commenced floatation of the 10:4 right issues from May 21. The interested shareholders registered in the book of the bank by May 8 can apply for the right shares. The bank is floating 19,919,423.60 units of right shares with a face value of Rs 100 to its existing shareholders. The right issue will closed on June 25. NMB Capital is the issue manager of the bank.&nbsp;</p>

<p style="text-align:justify"><img alt="" src="/userfiles/images/sbi%281%29.jpg" style="height:721px; width:500px" /></p>
',
			'published' => true,
			'created' => '2017-05-21',
			'modified' => '2017-05-21',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5698',
			'image' => '20170521112648_sbi 2.jpg',
			'article_date' => '2017-05-21 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5912',
			'article_category_id' => '1',
			'title' => 'Gorkha Brewery Installs Solar Lights in Dharan',
			'sub_title' => '',
			'summary' => 'May 19: Solar lights and CCTV cameras have been installed in Soti River, Bagarkot, Dharan with a support of Gorkha Brewery. 22 solar lights and three CCTV cameras have been installed in the area with the support. Earlier, the company also provided support on installation of 21 solar lights at Hattisar, Kathmandu. The company extended t',
			'content' => '<p style="text-align: justify;">May 19: Solar lights and CCTV cameras have been installed in Soti River, Bagarkot, Dharan with a support of Gorkha Brewery. 22 solar lights and three CCTV cameras have been installed in the area with the support. Earlier, the company also provided support on installation of 21 solar lights at Hattisar, Kathmandu. The company extended the support in collaboration with police and local people. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5697',
			'image' => '20170519021115_gorkha brewery.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5911',
			'article_category_id' => '1',
			'title' => 'Yeti and UNDP Inks Deal for SDGs',
			'sub_title' => '',
			'summary' => 'May 19: A Nepali domestic airlines company, Yeti Airlines and United Nation Development Program (UNDP) has inked a new agreement.',
			'content' => '<p style="text-align: justify;">May 19: A Nepali domestic airlines company, Yeti Airlines and United Nation Development Program (UNDP) has inked a new agreement.</p>

<p style="text-align: justify;">Yeti Airlines and UNDP made the agreement regarding promotion and achievement of sustainable development goals (SDGs) of Nepal. Renaud Meyer, Country Director, UNDP Nepal and Umesh Chandra Rai, CEO of Yeti Airlines signed the agreement paper on May 18.</p>

<p style="text-align: justify;">The SDGs target to end worldwide poverty by2030. Under the agreement, the UNDP and Yeti Airlines will collaborate to raise awareness on the SDGs.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5696',
			'image' => '20170519020244_yeti.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5910',
			'article_category_id' => '1',
			'title' => 'SEBON Raises Paid-up capital of Securities Brokers by 10folds',
			'sub_title' => '',
			'summary' => 'May 19: As per the first amendment of Securities Businessperson Regulation made by Securities board of Nepal (SEBON), securities broker companies are required to increase their paid-up capital by 10 folds to Rs 20 million. Earlier the paid-up capital was Rs 2 million.',
			'content' => '<p style="text-align: justify;">May 19: As per the first amendment of Securities Businessperson Regulation made by Securities board of Nepal (SEBON), securities broker companies are required to increase their paid-up capital by 10 folds to Rs 20 million. Earlier the paid-up capital was Rs 2 million.</p>

<p style="text-align: justify;">The first amendment of the regulation has also set new mechanism for branch expansion of broker companies. According to the amended regulation, &nbsp;brokers companies are compelled to obtain approval from SEBON before their branch expansion. The regulation authorizes SEBON of setting required infrastructure and other conditions for broker companies as well.</p>

<p style="text-align: justify;">&ldquo;The amendment has been made to make the services of broker companies nationwide and manageable,&rdquo; said SEBON. Similarly, as per the amended regulation, the head office of any broker company must be lead by commerce, management, economy, law graduate or a chartered accountant. Moreover, these stock brokers must employ at least five employees including compliance officer and information technology officer in their offices.&nbsp;</p>

<p style="text-align: justify;"><img alt="" src="/userfiles/images/sebon.jpg" style="height:565px; width:409px" /></p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5695',
			'image' => '20170519014612_sebon.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5909',
			'article_category_id' => '1',
			'title' => 'Sanjen Hydropower Appoints CIT as Issue Manager',
			'sub_title' => '',
			'summary' => 'May 19: Sanjen Hydropower Company has appointed an issue manager for its upcoming share issuance.  Sanjen appointed Citizens’ Investment Trust (CIT) as a lead issue manager to be supported by five other companies as assisting issue managers.',
			'content' => '<p style="text-align: justify;">May 19: Sanjen Hydropower Company has appointed an issue manager for its upcoming share issuance. &nbsp;Sanjen appointed Citizens&rsquo; Investment Trust (CIT) as a lead issue manager to be supported by five other companies as assisting issue managers.</p>

<p style="text-align: justify;">CIT signed an agreement with NCM Merchant Banking, Civil Capital Market, Prabhu Capital, NMB Capital and Global IME Capital regarding the share issuance on May 18.</p>

<p style="text-align: justify;">Ram Krishna Pokharel, Executive Director of CIT, Bijay Lal Shrestha, Managing Director of NCM, Parag Bista, CEO of Civil, Shanker Prasad Kalikota, General Manager of Prabhu Capital, Srijesh Ghimire, CEO of NMB Capital and Paras Mani Dhakal, CEO of Global IME Capital signed the agreement amid a program.</p>

<p style="text-align: justify;">&ldquo;The agreement was carried out to issue shares of first phase. Under this, group &lsquo;C&rsquo; shares allocated to employees of creditors&rsquo; company, promoter shares to employees, group &lsquo;D&rsquo; shares allocated to depositors of Employees Provident Fund (EPF)totaling 8,760,000 units of shares will be issued,&rdquo; said Udhav Silwal, Information Officer of CIT.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5694',
			'image' => '20170519125919_Sanjen.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5908',
			'article_category_id' => '1',
			'title' => 'Kwid Rolls out in Dang Market',
			'sub_title' => '',
			'summary' => 'May 19: Joshi Autovilla, Ghorahi has initiated sales of Kwid car in Dang. “Autovilla started the sales of Kwid in the absence of an official showroom,” said Aayush Shrestha, managing director of Autovilla. “The district does not have any dealer for the Kwid. I started the sales of the car for the first time in the area. Customers are gradually b',
			'content' => '<p style="text-align: justify;">May 19: Joshi Autovilla, Ghorahi has initiated sales of Kwid car in Dang. &ldquo;Autovilla started the sales of Kwid in the absence of an official showroom,&rdquo; said Aayush Shrestha, managing director of Autovilla. &ldquo;The district does not have any dealer for the Kwid. I started the sales of the car for the first time in the area. Customers are gradually being attracted to the car,&rdquo; he added.</p>

<p style="text-align: justify;">Advance Automobile, the authorized distributor of Renault Kwid launched the car during the last Dashain. The car with advance features has been priced Rs 1.8 million to Rs 5.6 million in the domestic market, informed Shrestha. Kwid, a product of French carmaker company is the top selling car of India. Because of its best ground clearance, it is suitable to Nepali territory as well, Shrestha stated.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5693',
			'image' => '20170519113646_kwid.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5907',
			'article_category_id' => '1',
			'title' => 'Civil Bank Endorses Bonus',
			'sub_title' => '',
			'summary' => 'May 19: Civil Bank Ltd is distributing nearly three percent bonus to its shareholders. The 6th annual general meeting of the bank held on May 18 endorsed a proposal regarding the bonus. Moreover, the meeting also endorsed a Due Diligence Audit (DDA) report of Unique Finance and Hama Merchant Finance submitted by valuator J B Rajbhandary an',
			'content' => '<p style="text-align: justify;">May 19: Civil Bank Ltd is distributing nearly three percent bonus to its shareholders. The 6<sup>th</sup> annual general meeting of the bank held on May 18 endorsed a proposal regarding the bonus. Moreover, the meeting also endorsed a Due Diligence Audit (DDA) report of Unique Finance and Hama Merchant Finance submitted by valuator J B Rajbhandary and DiBins for acquirement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5692',
			'image' => '20170519110910_civil bank.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5906',
			'article_category_id' => '1',
			'title' => 'NIC Asia Bank Starts 4 New Branches in Its Network',
			'sub_title' => '',
			'summary' => 'May 19: NIC Asia Bank has started new branches in four locations. The bank inaugurated the new branches organizing separate programs on May 18.',
			'content' => '<p style="text-align: justify;">May 19: NIC Asia Bank has started new branches in four locations. The bank inaugurated the new branches organizing separate programs on May 18.</p>

<p style="text-align: justify;">The bank&rsquo;s branch at Manigram was inaugurated by Gunanidhi Bhandari, President of Tilotama Chamber of Commerce and Industries; the branch at Nayapul, Kaski was inaugurated by Kul Bahadur Gurung, local of Kaski; the branch at Saljhandi was inaugurated by Raj Bahadur Chettri, President of Sainamaina Chamber of Commerce and Industries; and the branch at Rudrapur was inaugurated by Surendra Prasad Shrestha, central member of FNCCI.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5691',
			'image' => '20170519110003_nic.jpg',
			'article_date' => '2017-05-19 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