May 18: Nepali international trade is likely to have a downfall in current FY. Due to the affects of the devastating earthquake of last year and the five months long border blockade, Nepal’s international trade might decrease significantly this FY. According to the current macroeconomic and financial situation of Nepal based on nine months data, import and export of Nepal with various countries are likely to decrease by 9.9 percent and 23.4 percent…
May 18: Nepal International Gem and Jewelry Expo will be held in Kathmandu from Friday. According to the organizers, the expo aims to promote export of Nepali ornaments, originality of handicrafts, diversity along with exposing special abilities of Nepali jewelers to national and international levels. The expo will be jointly organised by Federation of Handicraft Association of Nepal, Federation of Nepal Gold Silver Gem and Jewelry Association and ‘Nepal Gem and Jewelry Council’ promoted by Federation of Nepal Gold Silver Dealers’ Association.…
May 18: LT Enterprises Pvt.Ltd., an automobile trading subsidiary of IME Group, has opened fully equipped service centre for Ashok Leyland brand of commercial vehicles at Gongabu, New Buspark, Kathmandu. The company, issuing a press release said that the service centre is a full-fledged setup expanded in 35,000 sq.ft. Areas where a full range of Ashok Leyland commercial vehicles comprising various models of trucks/tippers, buses, light commercial vehicles are displayed along with service and spare parts…
May 18: The interbank loan taken by banks and financial institutions has increase by 42 percent in the nine months of current fiscal year. Although the current FY has been considered as ‘high liquidity year’, tight liquidity in the third quarter has attributed to increase in interbank loans. Commercial banks had carried out interbank transactions of Rs 329 billion during the nine months of previous FY which has increased to Rs 640 billion in the same period of current FY. Similarly, development banks and finance companies had carried out such transactions worth Rs 163 billion in the same period of last FY which has decreased to Rs 61.47 billion in the review period. In the last mid-April, weighted average interest rate on interbank loan was three percent after which it has increased to 5.66 percent.…
May 17: The two-day National Microfinance Member Conference held in Kathmandu has concluded issuing a 16-point declaration. The conference held on Sunday and Monday aimed to provide feedback for national policy formulation and implementation of programs in the microfinance sector. The conference was participated by representatives of marginalised groups and women entrepreneurs, policymakers along with 700 participants from various…
May 17: Huawei Technologies has launched Huawei GR3 in the Nepali market. The Huawei GR3 is the latest smart phone in its G series of smartphone. “This elegant smart phone comes with fine connectivity clubbed with concise and delicate design,” informs the company in a press…
May 17: NMB bank has recently conducted an interaction program in regarding the commercial business and financial mobilization. The program was directed towards the clients who are doing commercial business and financial mobilisation in large volumes. Participants found the program to be advantageous as it was aimed at facilitating the needs of daily transactions of the…
May 17: Garima Bank has opened a branch in Chapakot of Syangja. Chiranjibi Chapagain, Director of Nepal Rastra Bank inaugurated the branch office amid a ceremony held on May 16. According to the bank, Chapakot branch will provide modern financial services to the locals and will bring programs to increase financial…
May 17: Hotel Annapurna has partnered with Subisu Cablenet in a bid to provide clearest TV viewing experience ‘Clear TV’ service to its customers on May 16. Abhinav Rana, General Manager (GM) of Hotel Annapurna and Binaya Mohan Saud, CEO of Subisu Cablenet jointly signed an agreement to provide the service. “With this agreement, all the rooms of the hotels will be equipped with Subisu’s premium digital TV service-Clear TV where customers can experience the digital contents in High Definition (HD),” informs the joint press statement issued by the two…
ILFCO Microfinance Starts 5…
May 17: Om development bank has earned Rs 140 million profit in the third quarter of current FY. Former Om Finance and City Development Bank merged together to become Om development Bank on 2016 April 4. Currently, Bank is serving its customers through 25 branches. Operating with Rs 1.05 billion paid-up capital, the bank has collected Rs 10.92 billion in deposits and has Rs 9.08 billion in loans.…
May 16: iHub Private Limited, the authorized distributor of OnePlus for Nepal has launched OnePlus X Onyx. According to the company, the smartphone will be available on the website of Kaymu for the first week and soon after it will be available in selected retailers across the…
May 16: Mr. Laxman Risal has been appointed as the CEO of NIC ASIA Bank as per the decision of the Board of Directors. Mr. Risal has been working as Acting CEO of the bank for last one year. Mr. Risal holds different leadership role of 26 years in the Banking and Insurance sector informs the press…
Hyundai Ticket to Euro Cup 2016 Begins May 16: Laxmi Intercontinental, the authorised distributor of Hyundai Motors in Nepal has started a program- Hello Hyundai Owners under UEFA Euro Cup 2016. According to the company, two lucky winners will be awarded with two tickets to watch final game of EURO Cup. Winners will be selected through a lucky draw. The draw is open for Hyundai customers who are registered at www.laxmihyundai.com/euro2016. This event will commence from May 16 and ends at May…
May 16: Arun Kabeli has floated 1,500,000 units of general shares priced at Rs 100 per unit to affected areas of the project. Among the 1,500,000 units, affected areas Nagi, Thurpu and Amarpur of Pachthar district are allocated 600,000 units of shares. Similarly, remaining 900,000 units of shares are allocated for other VDCs of Pachthar and Taplejung districts. The issue will close early on May 30 and lately on June 19. The company has appointed Siddhartha Capital as its issue manager.…
Notice (8): Undefined variable: file [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( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '3565', 'article_category_id' => '1', 'title' => 'Reduction in International Trade of Nepal', 'sub_title' => '', 'summary' => 'May 18: Nepali international trade is likely to have a downfall in current FY. Due to the affects of the devastating earthquake of last year and the five months long border blockade, Nepal’s international trade might decrease significantly this FY. According to the current macroeconomic and financial situation of Nepal based on nine months data, import and export of Nepal with various countries are likely to decrease by 9.9 percent and 23.4 percent respectively.', 'content' => '<p style="text-align: justify;">May 18: Nepali international trade is likely to have a downfall in current FY. Due to the affects of the devastating earthquake of last year and the five months long border blockade, Nepal’s international trade might decrease significantly this FY. According to the current macroeconomic and financial situation of Nepal based on nine months data, import and export of Nepal with various countries are likely to decrease by 9.9 percent and 23.4 percent respectively.</p> <p style="text-align: justify;">According to NRB statistics, Nepal has exported merchandise worth Rs. 49.24 billion while imported Rs. 519.97 billion worth of merchandise. In the last FY, Nepal had exported merchandise of Rs 64.27 billion while imported Rs 577.1 billion merchandise.</p> <p style="text-align: justify;">Similarly, international trade of Nepal with all countries are in negative trend in the review period. Among them, trade with India, Nepal’s biggest trade partner has shown contraction. In the review period, exports to India have decreased by 33.4 percent while imports have decreased by 14.3 percent. Likewise, export to another major trade partner, China has decreased by 41.3 percent whereas import has increased by 2.8 percent.</p> <p style="text-align: justify;">In the review period, the export-import price index has improved by 24.5 percent in the review period. The price index has shown improvement due to the increase in price of export items such as cardamom, yarsagumba and fall in the price of petroleum products.</p> ', 'published' => true, 'created' => '2016-05-18', 'modified' => '2016-05-18', 'keywords' => '', 'description' => '', 'sortorder' => '3399', 'image' => null, 'article_date' => '2016-05-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3564', 'article_category_id' => '1', 'title' => 'Nepal International Gem and Jewelry Expo from Friday', 'sub_title' => '', 'summary' => 'May 18: Nepal International Gem and Jewelry Expo will be held in Kathmandu from Friday. According to the organizers, the expo aims to promote export of Nepali ornaments, originality of handicrafts, diversity along with exposing special abilities of Nepali jewelers to national and international levels. The expo will be jointly organised by Federation of Handicraft Association of Nepal, Federation of Nepal Gold Silver Gem and Jewelry Association and ‘Nepal Gem and Jewelry Council’ promoted by Federation of Nepal Gold Silver Dealers’ Association. ', 'content' => '<p style="text-align: justify;">May 18: Nepal International Gem and Jewelry Expo will be held in Kathmandu from Friday. According to the organizers, the expo aims to promote export of Nepali ornaments, originality of handicrafts, diversity along with exposing special abilities of Nepali jewelers to national and international levels. The expo will be jointly organised by Federation of Handicraft Association of Nepal, Federation of Nepal Gold Silver Gem and Jewelry Association and ‘Nepal Gem and Jewelry Council’ promoted by Federation of Nepal Gold Silver Dealers’ Association. </p> <p style="text-align: justify;">The organizers informed that there will be 59 stalls in the expo with 53 domestic and remaining six foreign. Similarly, India’s Gem and Jewellery Export Promotion Council, Gemological Institute of America operating in India and The New Jewelers Magazine will be supporting promotional and technical knowledge.</p> <p style="text-align: justify;"> According to organisers, valuable ornaments, jewelries and handicraft along with gems, modern machineries, ornamental watch will be showcased in the expo.</p> <p style="text-align: justify;">The expo will also include a jewelry related seminar, gem cutting, polishing, finishing and ‘live demonstration’ and a fashion show as additional attraction.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-18', 'modified' => '2016-05-18', 'keywords' => '', 'description' => '', 'sortorder' => '3398', 'image' => '20160518033250_ge,.jpg', 'article_date' => '2016-05-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3563', 'article_category_id' => '1', 'title' => 'Ashok Leyland Service Centre at Gongabu', 'sub_title' => '', 'summary' => 'May 18: LT Enterprises Pvt.Ltd., an automobile trading subsidiary of IME Group, has opened fully equipped service centre for Ashok Leyland brand of commercial vehicles at Gongabu, New Buspark, Kathmandu. The company, issuing a press release said that the service centre is a full-fledged setup expanded in 35,000 sq.ft. Areas where a full range of Ashok Leyland commercial vehicles comprising various models of trucks/tippers, buses, light commercial vehicles are displayed along with service and spare parts facilities.', 'content' => '<p>May 18: LT Enterprises Pvt Ltd, the automobile trading subsidiary of IME Group, has opened a service centre for Ashok Leyland brand of commercial vehicles at Gongabu, New Buspark, Kathmandu. The company issuing a press release said that the service centre is a full-fledged setup expanded in 35,000 square feet area where a full range of Ashok Leyland commercial Vehicles comprising various models of trucks/tippers, buses and light commercial vehicles are displayed along with service and spare parts facilities.</p> <p>The service centre was inaugurated jointly by Chandra Prasad Dhakal, Executive Chairman of IME group, Hem Raj Dhakal, Executive Director of IME Group, Vinod K Dasari, Managing Director of Ashok Leyland Ltd, Rajive Saharia, President of Global Sales and Distribution of Ashok Leyland Ltd, in presence of other officials from Ashok Leyland India and the entire team of IME Group.</p> <p>“With the official launch of Ashok Leyland and IME Group’s brand association in Nepal, LT Enterprises expects to reach new highs in the Commercial Vehicle industry in near future by leveraging Ashok Leyland’s esteemed brand recognition as a trustworthy brand and through our excellent sales and service facilities set up as well as planned at important locations at key markets of the country” said Chandra Prasad Dhakal, Executive Chairman of IME group speaking at the inauguration ceremony.</p> <p>On the occasion Chief Guest Vinod K Dasari, Managing Director of Ashok Leyland Ltd, wished all the very best to IME Group with Ashok Leyland business venture. Further, he congratulated IME Group for the unison of Ashok Leyland and IME, as right a right channel partner for Ashok Leyland in Nepal.</p> ', 'published' => true, 'created' => '2016-05-18', 'modified' => '2016-05-18', 'keywords' => '', 'description' => '', 'sortorder' => '3397', 'image' => '20160518013331_ley.jpg', 'article_date' => '2016-05-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3562', 'article_category_id' => '1', 'title' => 'Interbank Loan Increases 42% in 9 Months', 'sub_title' => '', 'summary' => 'May 18: The interbank loan taken by banks and financial institutions has increase by 42 percent in the nine months of current fiscal year. Although the current FY has been considered as ‘high liquidity year’, tight liquidity in the third quarter has attributed to increase in interbank loans. Commercial banks had carried out interbank transactions of Rs 329 billion during the nine months of previous FY which has increased to Rs 640 billion in the same period of current FY. Similarly, development banks and finance companies had carried out such transactions worth Rs 163 billion in the same period of last FY which has decreased to Rs 61.47 billion in the review period. In the last mid-April, weighted average interest rate on interbank loan was three percent after which it has increased to 5.66 percent. Presently, it is below one percent that indicates of improve in tight liquidity in the banking sector.', 'content' => '<p style="text-align: justify;">May 18: The interbank loan taken by banks and financial institutions has increase by 42 percent in the nine months of current fiscal year. Although the current FY has been considered as ‘high liquidity year’, tight liquidity in the third quarter has attributed to increase in interbank loans.</p> <p style="text-align: justify;">Commercial banks had carried out interbank transactions of Rs 329 billion during the nine months of previous FY which has increased to Rs 640 billion in the same period of current FY. Similarly, development banks and finance companies had carried out such transactions worth Rs 163 billion in the same period of last FY which has decreased to Rs 61.47 billion in the review period. In the last mid-April, weighted average interest rate on interbank loan was three percent after which it has increased to 5.66 percent. Presently, it is below one percent that indicates of improve in tight liquidity in the banking sector.</p> <p style="text-align: justify;">After the devastating earthquake and the border blockade, Nepal Rastra Bank had mopped up Rs 471 billion excess liquidity from banking sector due to low investment. Following the end of border blockade, trade expansion and liquidity holding through short-term monetary tools led to increase in interbank transactions of BFIs. The BFIs’ loan investment has increased by 15 percent to Rs 1565 billion in last mid-April. Likewise, bank loan investment has increased by 14.4 percent in the private sector.</p> <p style="text-align: justify;">Meanwhile, utilization of refinance facility provided by NRB in subsidised rate to expand export and productive sector has decreased during the review period. The total sum of general refinance and export refinance has limited to Rs 2.26 billion and Rs 1.12 billion respectively. Similarly, only Rs 14 million of subsidised loans provided for earthquake survivors has been utilised. Although 20 percent investment in productive sector has been made mandatory by NRB, only 16.32 percent has been invested so far. In the meantime, deposit collection of the bank has increased by 12 percent to Rs 1970 billion. </p> ', 'published' => true, 'created' => '2016-05-18', 'modified' => '2016-05-18', 'keywords' => '', 'description' => '', 'sortorder' => '3396', 'image' => '20160518125040_interbank.jpg', 'article_date' => '2016-05-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3561', 'article_category_id' => '1', 'title' => 'Microfinance Conference Concludes with 16 pt Declaration', 'sub_title' => '', 'summary' => 'May 17: The two-day National Microfinance Member Conference held in Kathmandu has concluded issuing a 16-point declaration. The conference held on Sunday and Monday aimed to provide feedback for national policy formulation and implementation of programs in the microfinance sector. The conference was participated by representatives of marginalised groups and women entrepreneurs, policymakers along with 700 participants from various organisations.', 'content' => '<p style="text-align: justify;">May 17: The two-day National Microfinance Member Conference held in Kathmandu has concluded issuing a 16-point declaration. The conference held on Sunday and Monday aimed to provide feedback for national policy formulation and implementation of programs in the microfinance sector. The conference was participated by representatives of marginalised groups and women entrepreneurs, policymakers along with 700 participants from various organisations.</p> <p style="text-align: justify;">The declaration prepared after detail discussion was presented by Rajendra Bahadur Pradhan, member of the organising committee. As per the declaration, microfinance sector will organise a campaign to reduce the poverty level of the households which are under poverty line to zero by 2030. The declaration stated that microfinance companies will operate health insurance all across Nepal.</p> <p style="text-align: justify;"> Similarly, the declaration comprises programs to include marginalised people by forming a taskplan, formulate required strategies to develop skills of members in order to foster entrepreneurship and operating commercial development trainings. The declaration also includes programs to raise loan ceiling to Rs 5 million from Nepal Rastra Bank to increase access of finance in remote areas while requesting a five-year payment period.</p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3395', 'image' => '20160517053630_micro.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '3560', 'article_category_id' => '1', 'title' => 'Huawei GR3 in Nepal', 'sub_title' => '', 'summary' => 'May 17: Huawei Technologies has launched Huawei GR3 in the Nepali market. The Huawei GR3 is the latest smart phone in its G series of smartphone. “This elegant smart phone comes with fine connectivity clubbed with concise and delicate design,” informs the company in a press statement.', 'content' => '<p style="text-align: justify;">May 17: Huawei Technologies has launched Huawei GR3 in the Nepali market. The new Huawei phone is the latest in the company’s G series handsets. “This elegant smart phone comes with fine connectivity clubbed with concise and delicate design,” says the company in a press statement.</p> <p style="text-align: justify;">GR3 is powered by an octa-core 64 – bit CPU running on Android 5.1 Lollipop with EMUI 3.1 Lite interface and supports 4G LTE Cat4 networks. The latest Huawei handset comes with a 16GB ROM expandable up to 128 GB and 2GB RAM .The phone has unique one-piece aluminum back cover. As per the company, it has 143.5 mm (L) x 71.0 mm (W) x 7.6 mm (H) slim aluminum alloy body.</p> <p style="text-align: justify;"> GR3 comes with a 13 MP rear snapper and a 5 MP front camera. According to the company, the phone has unique technology with 160ﾟwide viewing angle screen, accounting for 68 percent of the panel, with a 5.0 inch HD IPS LCD 720 display.</p> <p style="text-align: justify;">Similarly, GR3 comes with a 2,200 mAh battery along with Bluetooth 4.0. Priced at Rs 21,999, the handset is available in three colors- titanium gray, silver and champagne gold.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3394', 'image' => '20160517052910_huwai.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '3559', 'article_category_id' => '1', 'title' => 'NMB’s Interaction Concludes', 'sub_title' => '', 'summary' => 'May 17: NMB bank has recently conducted an interaction program in regarding the commercial business and financial mobilization. The program was directed towards the clients who are doing commercial business and financial mobilisation in large volumes. Participants found the program to be advantageous as it was aimed at facilitating the needs of daily transactions of the clients.', 'content' => '<p style="text-align: justify;">May 17: NMB bank has recently conducted an interaction program in regarding the commercial business and financial mobilization. The program was directed towards the clients who are doing commercial business and financial mobilisation in large volumes. Participants found the program to be advantageous as it was aimed at facilitating the needs of daily transactions of the clients.</p> <p style="text-align: justify;"> “Through this program we knew about facilities provided by the bank. The bank’s effort to help us is very admiring,” said one participant.</p> <p style="text-align: justify;">Issuing a press statement, the bank said that the program has been organised as per its new corporate campaign ‘Atmanirbhar Nepal’ launched in late April.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3393', 'image' => '20160517122945_nmb.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3558', 'article_category_id' => '1', 'title' => 'Garima Bank Opens Branch in Chapakot', 'sub_title' => '', 'summary' => 'May 17: Garima Bank has opened a branch in Chapakot of Syangja. Chiranjibi Chapagain, Director of Nepal Rastra Bank inaugurated the branch office amid a ceremony held on May 16. According to the bank, Chapakot branch will provide modern financial services to the locals and will bring programs to increase financial accessibility.', 'content' => '<p style="text-align: justify;">May 17: Garima Bank has opened a branch in Chapakot of Syangja. Chiranjibi Chapagain, Director of Nepal Rastra Bank inaugurated the branch office amid a ceremony held on May 16. </p> <p style="text-align: justify;">According to the bank, Chapakot branch will provide modern financial services to the locals and will bring programs to increase financial accessibility.</p> <p style="text-align: justify;"> “Bank is planning to open new branches in Gongabu of Kathmandu and Bardgat of Nawalparasi as well,” informed Govinda Prasad Dhakal, Executive Officer of Garima Bank. </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3392', 'image' => '20160517120238_garima.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '3557', 'article_category_id' => '1', 'title' => 'Subisu Partners with Annapurna for Clear TV', 'sub_title' => '', 'summary' => 'May 17: Hotel Annapurna has partnered with Subisu Cablenet in a bid to provide clearest TV viewing experience ‘Clear TV’ service to its customers on May 16. Abhinav Rana, General Manager (GM) of Hotel Annapurna and Binaya Mohan Saud, CEO of Subisu Cablenet jointly signed an agreement to provide the service. “With this agreement, all the rooms of the hotels will be equipped with Subisu’s premium digital TV service-Clear TV where customers can experience the digital contents in High Definition (HD),” informs the joint press statement issued by the two institutions.', 'content' => '<p style="text-align: justify;">May 17: Hotel Annapurna has partnered with Subisu Cablenet to provide Clear TV service to its customers. Binaya Mohan Saud, CEO of Subisu Cablenet and Abhinav Rana, General Manager of Hotel Annapurna and signed an agreement to this effect on May 16. “With this agreement, all rooms of the hotels will be equipped with Subisu’s premium Digital TV Service where customers can experience the digital contents in high definition,” informs a joint press statement by the companies.</p> <p style="text-align: justify;">“Digital TV service will help us to offer better experience to our customers as it is need of the hour. Our partnership will deliver state of the art entertainment to our esteemed customers providing TV and In-house Video Contents in HD,” says Abhinav Rana, GM of Hotel Annapurna.</p> <p style="text-align: justify;">“Subisu’s Clear TV Service has more than 30 HD and 100 plus digital channels across various genres such as sports, movies, entertainment and adventure and lifestyle,” reads the statement.</p> <p style="text-align: justify;">“We are seeing customers demanding for better service and our Clear TV service is well placed to meet those expectations,” says Subisu CEO Binaya M. Saud.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3391', 'image' => '20160517112649_anna.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3556', 'article_category_id' => '1', 'title' => 'ILFCO Microfinance Starts 5 Branches', 'sub_title' => '', 'summary' => 'ILFCO Microfinance Starts 5 Branches', 'content' => '<p style="text-align:justify">May 17: ILFCO Microfinance, a ‘D’ class financial institution licenced by Nepal Rastra Bank, has started five branches across the various parts of the nation. The microfinance has started branches in Shankarapuri of Kathmandu, Deupur of Kavre, Bhadrakali of Sindhuli, Thansing of Nuwakot and Simichour of Gulmi. The number of branches of the company has reached 10 with the additions. According to a press release by ILFCO Microfinance, the company is also preparing to start branches in Laxmipur of Dang and Khadgabhangyanj of Nuwakot within the current FY.</p> <p style="text-align:justify">ILFCO Microfinance is a subsidiary company of International Leasing and Finance Co Ltd. The company has Rs 538.6 million in loans till the mid-April of current FY. </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-19', 'keywords' => '', 'description' => '', 'sortorder' => '3390', 'image' => '20160517111554_ilf.JPG', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3555', 'article_category_id' => '1', 'title' => 'Om Devt Earns Rs 141 Million Profit', 'sub_title' => '', 'summary' => 'May 17: Om development bank has earned Rs 140 million profit in the third quarter of current FY. Former Om Finance and City Development Bank merged together to become Om development Bank on 2016 April 4. Currently, Bank is serving its customers through 25 branches. Operating with Rs 1.05 billion paid-up capital, the bank has collected Rs 10.92 billion in deposits and has Rs 9.08 billion in loans. ', 'content' => '<p style="text-align:justify">May 17: Om Development Bank has earned Rs 140 million profit in the third quarter of current FY. Former Om Finance and City Development Bank merged together to become Om Development Bank on 2016 April 4.</p> <p style="text-align:justify">Currently, the bank is serving its customers through 25 branches. Operating with Rs 1.05 billion paid-up capital, the bank has collected Rs 10.92 billion in deposits and has Rs 9.08 billion in loans. </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3389', 'image' => '20160517104648_om].jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3554', 'article_category_id' => '1', 'title' => ' OnePlus X Launched', 'sub_title' => '', 'summary' => 'May 16: iHub Private Limited, the authorized distributor of OnePlus for Nepal has launched OnePlus X Onyx. According to the company, the smartphone will be available on the website of Kaymu for the first week and soon after it will be available in selected retailers across the country.', 'content' => '<p>May 16: iHub Private Limited, the authorized distributor of OnePlus for Nepal has launched OnePlus X Onyx.</p> <p>According to the company, the smartphone will be available on the website of Kaymu for the first week and soon after it will be available in selected retailers across the country.</p> <p>The OnePlus X Onyx is fashioned with black glass on a metal bezel, slightly rounded edges and at just 4.86 oz slim size. The new OnePlus smartphone comes with remarkable processing powered by Oxygen OS based on Android 5.1 Lollipop Operating System upgradable to 6.0.1 Marshmallow. Similarly, the phone is equipped with Qualcomm Snapdragon 801, 2.3 GHz quad-core processor.</p> <p> </p> <p>"Nepal has advanced immensely when it comes to technology and gadgets. OnePlus X is a perfect match to the Nepalese market both in terms of looks and pricing. We aim to give our loyal buyers the best of what they can have and OnePlus X serves to be the best smart phone in this segment that has not only met customer's needs but have exceeded their expectations," say Sirish Murarka and Lokesh Oli, Directors of ihub Pvt. Ltd. </p> <p>The new OnePlus smartphone comes with 5” 1080p Active Matrix OLED screen and the 441 PPI resolutions. . The phone comes with 13MP rear camera combined with f/2.2 aperture and 8MP front facing camera. The OnePlus X comes with an internal memory 16 GB (expandable up to 128GB) with a RAM of 3GB LPDDR3. Also, the phone is powered by a powerful 2525 mAh battery which allows 8 hours of talk time on a single charge.</p> <p>The price of OnePlus X is tagged Rs 28,900 in Nepal. The phone is available at Rs 26,999 as an introductory offer exclusively for buyers at Kaymu.</p> <p> </p> ', 'published' => true, 'created' => '2016-05-16', 'modified' => '2016-05-16', 'keywords' => '', 'description' => '', 'sortorder' => '3388', 'image' => '20160516055355_lava.jpg', 'article_date' => '2016-05-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3553', 'article_category_id' => '1', 'title' => 'Laxman Risal Appointed NIC Asia CEO', 'sub_title' => '', 'summary' => 'May 16: Mr. Laxman Risal has been appointed as the CEO of NIC ASIA Bank as per the decision of the Board of Directors. Mr. Risal has been working as Acting CEO of the bank for last one year. Mr. Risal holds different leadership role of 26 years in the Banking and Insurance sector informs the press statement.', 'content' => '<p>May 16: Laxman Risal has been appointed the CEO of NIC ASIA Bank as per the decision of the Board of Directors. <span style="line-height:1.6">Risal has been working as Acting CEO of the bank for the last one year. He had held different leadership roles in 26 years of his career in banking and insurance sector.</span></p> <p>Meanwhile, NIC Asia Bank informs of earning operating profit of Rs 926.5 million in the third quarter of current FY. The bank has collected Rs 64.14 billion in <span style="line-height:20.8px">deposits while its loans totaled </span><span style="line-height:1.6">Rs 52.49 billion in the period.</span></p> <p>NIC Asia Bank has been providing services to the customer through 67 branches and 69 ATMs across the country. </p> ', 'published' => true, 'created' => '2016-05-16', 'modified' => '2016-05-16', 'keywords' => '', 'description' => '', 'sortorder' => '3387', 'image' => '20160516055137_nic.jpg', 'article_date' => '2016-05-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3552', 'article_category_id' => '1', 'title' => 'Hyundai Ticket to Euro Cup 2016 Begins', 'sub_title' => '', 'summary' => 'Hyundai Ticket to Euro Cup 2016 Begins May 16: Laxmi Intercontinental, the authorised distributor of Hyundai Motors in Nepal has started a program- Hello Hyundai Owners under UEFA Euro Cup 2016. According to the company, two lucky winners will be awarded with two tickets to watch final game of EURO Cup. Winners will be selected through a lucky draw. The draw is open for Hyundai customers who are registered at www.laxmihyundai.com/euro2016. This event will commence from May 16 and ends at May 31.', 'content' => '<p style="text-align: justify;">May 16: Laxmi Intercontinental, the authorised distributor of Hyundai Motors in Nepal has started a program- Hello Hyundai Owners under UEFA Euro Cup 2016.</p> <p style="text-align: justify;">According to the company, two lucky winners will be awarded with two tickets to watch final game of EURO Cup. Winners will be selected through a lucky draw. The draw is open for Hyundai customers who are registered at <a href="http://www.laxmihyundai.com/euro2016">www.laxmihyundai.com/euro2016</a>.</p> <p style="text-align: justify;">This event will commence from May 16 and ends at May 31.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-16', 'modified' => '2016-05-16', 'keywords' => '', 'description' => '', 'sortorder' => '3386', 'image' => '20160516045702_hello.jpg', 'article_date' => '2016-05-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3551', 'article_category_id' => '1', 'title' => 'Arun Kabeli Floats General Shares for Affected Areas from Monday', 'sub_title' => '', 'summary' => ' May 16: Arun Kabeli has floated 1,500,000 units of general shares priced at Rs 100 per unit to affected areas of the project. Among the 1,500,000 units, affected areas Nagi, Thurpu and Amarpur of Pachthar district are allocated 600,000 units of shares. Similarly, remaining 900,000 units of shares are allocated for other VDCs of Pachthar and Taplejung districts. The issue will close early on May 30 and lately on June 19. The company has appointed Siddhartha Capital as its issue manager. ', 'content' => '<p style="text-align: justify;">May 16: Arun Kabeli has floated 1,500,000 units of general shares priced at Rs 100 per unit to affected areas of the project. Among the 1,500,000 units, affected areas Nagi, Thurpu and Amarpur of Pachthar district are allocated 600,000 units of shares. Similarly, remaining 900,000 units of shares are allocated for other VDCs of Pachthar and Taplejung districts.</p> <p style="text-align: justify;">The issue will close early on May 30 and lately on June 19. The company has appointed Siddhartha Capital as its issue manager. </p> ', 'published' => true, 'created' => '2016-05-16', 'modified' => '2016-05-16', 'keywords' => '', 'description' => '', 'sortorder' => '3385', 'image' => '20160516032153_aurn.jpg', 'article_date' => '2016-05-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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 "" [APP/View/Elements/side_bar.ctp, line 60]file not found!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( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '3565', 'article_category_id' => '1', 'title' => 'Reduction in International Trade of Nepal', 'sub_title' => '', 'summary' => 'May 18: Nepali international trade is likely to have a downfall in current FY. Due to the affects of the devastating earthquake of last year and the five months long border blockade, Nepal’s international trade might decrease significantly this FY. According to the current macroeconomic and financial situation of Nepal based on nine months data, import and export of Nepal with various countries are likely to decrease by 9.9 percent and 23.4 percent respectively.', 'content' => '<p style="text-align: justify;">May 18: Nepali international trade is likely to have a downfall in current FY. Due to the affects of the devastating earthquake of last year and the five months long border blockade, Nepal’s international trade might decrease significantly this FY. According to the current macroeconomic and financial situation of Nepal based on nine months data, import and export of Nepal with various countries are likely to decrease by 9.9 percent and 23.4 percent respectively.</p> <p style="text-align: justify;">According to NRB statistics, Nepal has exported merchandise worth Rs. 49.24 billion while imported Rs. 519.97 billion worth of merchandise. In the last FY, Nepal had exported merchandise of Rs 64.27 billion while imported Rs 577.1 billion merchandise.</p> <p style="text-align: justify;">Similarly, international trade of Nepal with all countries are in negative trend in the review period. Among them, trade with India, Nepal’s biggest trade partner has shown contraction. In the review period, exports to India have decreased by 33.4 percent while imports have decreased by 14.3 percent. Likewise, export to another major trade partner, China has decreased by 41.3 percent whereas import has increased by 2.8 percent.</p> <p style="text-align: justify;">In the review period, the export-import price index has improved by 24.5 percent in the review period. The price index has shown improvement due to the increase in price of export items such as cardamom, yarsagumba and fall in the price of petroleum products.</p> ', 'published' => true, 'created' => '2016-05-18', 'modified' => '2016-05-18', 'keywords' => '', 'description' => '', 'sortorder' => '3399', 'image' => null, 'article_date' => '2016-05-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3564', 'article_category_id' => '1', 'title' => 'Nepal International Gem and Jewelry Expo from Friday', 'sub_title' => '', 'summary' => 'May 18: Nepal International Gem and Jewelry Expo will be held in Kathmandu from Friday. According to the organizers, the expo aims to promote export of Nepali ornaments, originality of handicrafts, diversity along with exposing special abilities of Nepali jewelers to national and international levels. The expo will be jointly organised by Federation of Handicraft Association of Nepal, Federation of Nepal Gold Silver Gem and Jewelry Association and ‘Nepal Gem and Jewelry Council’ promoted by Federation of Nepal Gold Silver Dealers’ Association. ', 'content' => '<p style="text-align: justify;">May 18: Nepal International Gem and Jewelry Expo will be held in Kathmandu from Friday. According to the organizers, the expo aims to promote export of Nepali ornaments, originality of handicrafts, diversity along with exposing special abilities of Nepali jewelers to national and international levels. The expo will be jointly organised by Federation of Handicraft Association of Nepal, Federation of Nepal Gold Silver Gem and Jewelry Association and ‘Nepal Gem and Jewelry Council’ promoted by Federation of Nepal Gold Silver Dealers’ Association. </p> <p style="text-align: justify;">The organizers informed that there will be 59 stalls in the expo with 53 domestic and remaining six foreign. Similarly, India’s Gem and Jewellery Export Promotion Council, Gemological Institute of America operating in India and The New Jewelers Magazine will be supporting promotional and technical knowledge.</p> <p style="text-align: justify;"> According to organisers, valuable ornaments, jewelries and handicraft along with gems, modern machineries, ornamental watch will be showcased in the expo.</p> <p style="text-align: justify;">The expo will also include a jewelry related seminar, gem cutting, polishing, finishing and ‘live demonstration’ and a fashion show as additional attraction.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-18', 'modified' => '2016-05-18', 'keywords' => '', 'description' => '', 'sortorder' => '3398', 'image' => '20160518033250_ge,.jpg', 'article_date' => '2016-05-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3563', 'article_category_id' => '1', 'title' => 'Ashok Leyland Service Centre at Gongabu', 'sub_title' => '', 'summary' => 'May 18: LT Enterprises Pvt.Ltd., an automobile trading subsidiary of IME Group, has opened fully equipped service centre for Ashok Leyland brand of commercial vehicles at Gongabu, New Buspark, Kathmandu. The company, issuing a press release said that the service centre is a full-fledged setup expanded in 35,000 sq.ft. Areas where a full range of Ashok Leyland commercial vehicles comprising various models of trucks/tippers, buses, light commercial vehicles are displayed along with service and spare parts facilities.', 'content' => '<p>May 18: LT Enterprises Pvt Ltd, the automobile trading subsidiary of IME Group, has opened a service centre for Ashok Leyland brand of commercial vehicles at Gongabu, New Buspark, Kathmandu. The company issuing a press release said that the service centre is a full-fledged setup expanded in 35,000 square feet area where a full range of Ashok Leyland commercial Vehicles comprising various models of trucks/tippers, buses and light commercial vehicles are displayed along with service and spare parts facilities.</p> <p>The service centre was inaugurated jointly by Chandra Prasad Dhakal, Executive Chairman of IME group, Hem Raj Dhakal, Executive Director of IME Group, Vinod K Dasari, Managing Director of Ashok Leyland Ltd, Rajive Saharia, President of Global Sales and Distribution of Ashok Leyland Ltd, in presence of other officials from Ashok Leyland India and the entire team of IME Group.</p> <p>“With the official launch of Ashok Leyland and IME Group’s brand association in Nepal, LT Enterprises expects to reach new highs in the Commercial Vehicle industry in near future by leveraging Ashok Leyland’s esteemed brand recognition as a trustworthy brand and through our excellent sales and service facilities set up as well as planned at important locations at key markets of the country” said Chandra Prasad Dhakal, Executive Chairman of IME group speaking at the inauguration ceremony.</p> <p>On the occasion Chief Guest Vinod K Dasari, Managing Director of Ashok Leyland Ltd, wished all the very best to IME Group with Ashok Leyland business venture. Further, he congratulated IME Group for the unison of Ashok Leyland and IME, as right a right channel partner for Ashok Leyland in Nepal.</p> ', 'published' => true, 'created' => '2016-05-18', 'modified' => '2016-05-18', 'keywords' => '', 'description' => '', 'sortorder' => '3397', 'image' => '20160518013331_ley.jpg', 'article_date' => '2016-05-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3562', 'article_category_id' => '1', 'title' => 'Interbank Loan Increases 42% in 9 Months', 'sub_title' => '', 'summary' => 'May 18: The interbank loan taken by banks and financial institutions has increase by 42 percent in the nine months of current fiscal year. Although the current FY has been considered as ‘high liquidity year’, tight liquidity in the third quarter has attributed to increase in interbank loans. Commercial banks had carried out interbank transactions of Rs 329 billion during the nine months of previous FY which has increased to Rs 640 billion in the same period of current FY. Similarly, development banks and finance companies had carried out such transactions worth Rs 163 billion in the same period of last FY which has decreased to Rs 61.47 billion in the review period. In the last mid-April, weighted average interest rate on interbank loan was three percent after which it has increased to 5.66 percent. Presently, it is below one percent that indicates of improve in tight liquidity in the banking sector.', 'content' => '<p style="text-align: justify;">May 18: The interbank loan taken by banks and financial institutions has increase by 42 percent in the nine months of current fiscal year. Although the current FY has been considered as ‘high liquidity year’, tight liquidity in the third quarter has attributed to increase in interbank loans.</p> <p style="text-align: justify;">Commercial banks had carried out interbank transactions of Rs 329 billion during the nine months of previous FY which has increased to Rs 640 billion in the same period of current FY. Similarly, development banks and finance companies had carried out such transactions worth Rs 163 billion in the same period of last FY which has decreased to Rs 61.47 billion in the review period. In the last mid-April, weighted average interest rate on interbank loan was three percent after which it has increased to 5.66 percent. Presently, it is below one percent that indicates of improve in tight liquidity in the banking sector.</p> <p style="text-align: justify;">After the devastating earthquake and the border blockade, Nepal Rastra Bank had mopped up Rs 471 billion excess liquidity from banking sector due to low investment. Following the end of border blockade, trade expansion and liquidity holding through short-term monetary tools led to increase in interbank transactions of BFIs. The BFIs’ loan investment has increased by 15 percent to Rs 1565 billion in last mid-April. Likewise, bank loan investment has increased by 14.4 percent in the private sector.</p> <p style="text-align: justify;">Meanwhile, utilization of refinance facility provided by NRB in subsidised rate to expand export and productive sector has decreased during the review period. The total sum of general refinance and export refinance has limited to Rs 2.26 billion and Rs 1.12 billion respectively. Similarly, only Rs 14 million of subsidised loans provided for earthquake survivors has been utilised. Although 20 percent investment in productive sector has been made mandatory by NRB, only 16.32 percent has been invested so far. In the meantime, deposit collection of the bank has increased by 12 percent to Rs 1970 billion. </p> ', 'published' => true, 'created' => '2016-05-18', 'modified' => '2016-05-18', 'keywords' => '', 'description' => '', 'sortorder' => '3396', 'image' => '20160518125040_interbank.jpg', 'article_date' => '2016-05-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3561', 'article_category_id' => '1', 'title' => 'Microfinance Conference Concludes with 16 pt Declaration', 'sub_title' => '', 'summary' => 'May 17: The two-day National Microfinance Member Conference held in Kathmandu has concluded issuing a 16-point declaration. The conference held on Sunday and Monday aimed to provide feedback for national policy formulation and implementation of programs in the microfinance sector. The conference was participated by representatives of marginalised groups and women entrepreneurs, policymakers along with 700 participants from various organisations.', 'content' => '<p style="text-align: justify;">May 17: The two-day National Microfinance Member Conference held in Kathmandu has concluded issuing a 16-point declaration. The conference held on Sunday and Monday aimed to provide feedback for national policy formulation and implementation of programs in the microfinance sector. The conference was participated by representatives of marginalised groups and women entrepreneurs, policymakers along with 700 participants from various organisations.</p> <p style="text-align: justify;">The declaration prepared after detail discussion was presented by Rajendra Bahadur Pradhan, member of the organising committee. As per the declaration, microfinance sector will organise a campaign to reduce the poverty level of the households which are under poverty line to zero by 2030. The declaration stated that microfinance companies will operate health insurance all across Nepal.</p> <p style="text-align: justify;"> Similarly, the declaration comprises programs to include marginalised people by forming a taskplan, formulate required strategies to develop skills of members in order to foster entrepreneurship and operating commercial development trainings. The declaration also includes programs to raise loan ceiling to Rs 5 million from Nepal Rastra Bank to increase access of finance in remote areas while requesting a five-year payment period.</p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3395', 'image' => '20160517053630_micro.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '3560', 'article_category_id' => '1', 'title' => 'Huawei GR3 in Nepal', 'sub_title' => '', 'summary' => 'May 17: Huawei Technologies has launched Huawei GR3 in the Nepali market. The Huawei GR3 is the latest smart phone in its G series of smartphone. “This elegant smart phone comes with fine connectivity clubbed with concise and delicate design,” informs the company in a press statement.', 'content' => '<p style="text-align: justify;">May 17: Huawei Technologies has launched Huawei GR3 in the Nepali market. The new Huawei phone is the latest in the company’s G series handsets. “This elegant smart phone comes with fine connectivity clubbed with concise and delicate design,” says the company in a press statement.</p> <p style="text-align: justify;">GR3 is powered by an octa-core 64 – bit CPU running on Android 5.1 Lollipop with EMUI 3.1 Lite interface and supports 4G LTE Cat4 networks. The latest Huawei handset comes with a 16GB ROM expandable up to 128 GB and 2GB RAM .The phone has unique one-piece aluminum back cover. As per the company, it has 143.5 mm (L) x 71.0 mm (W) x 7.6 mm (H) slim aluminum alloy body.</p> <p style="text-align: justify;"> GR3 comes with a 13 MP rear snapper and a 5 MP front camera. According to the company, the phone has unique technology with 160ﾟwide viewing angle screen, accounting for 68 percent of the panel, with a 5.0 inch HD IPS LCD 720 display.</p> <p style="text-align: justify;">Similarly, GR3 comes with a 2,200 mAh battery along with Bluetooth 4.0. Priced at Rs 21,999, the handset is available in three colors- titanium gray, silver and champagne gold.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3394', 'image' => '20160517052910_huwai.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '3559', 'article_category_id' => '1', 'title' => 'NMB’s Interaction Concludes', 'sub_title' => '', 'summary' => 'May 17: NMB bank has recently conducted an interaction program in regarding the commercial business and financial mobilization. The program was directed towards the clients who are doing commercial business and financial mobilisation in large volumes. Participants found the program to be advantageous as it was aimed at facilitating the needs of daily transactions of the clients.', 'content' => '<p style="text-align: justify;">May 17: NMB bank has recently conducted an interaction program in regarding the commercial business and financial mobilization. The program was directed towards the clients who are doing commercial business and financial mobilisation in large volumes. Participants found the program to be advantageous as it was aimed at facilitating the needs of daily transactions of the clients.</p> <p style="text-align: justify;"> “Through this program we knew about facilities provided by the bank. The bank’s effort to help us is very admiring,” said one participant.</p> <p style="text-align: justify;">Issuing a press statement, the bank said that the program has been organised as per its new corporate campaign ‘Atmanirbhar Nepal’ launched in late April.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3393', 'image' => '20160517122945_nmb.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3558', 'article_category_id' => '1', 'title' => 'Garima Bank Opens Branch in Chapakot', 'sub_title' => '', 'summary' => 'May 17: Garima Bank has opened a branch in Chapakot of Syangja. Chiranjibi Chapagain, Director of Nepal Rastra Bank inaugurated the branch office amid a ceremony held on May 16. According to the bank, Chapakot branch will provide modern financial services to the locals and will bring programs to increase financial accessibility.', 'content' => '<p style="text-align: justify;">May 17: Garima Bank has opened a branch in Chapakot of Syangja. Chiranjibi Chapagain, Director of Nepal Rastra Bank inaugurated the branch office amid a ceremony held on May 16. </p> <p style="text-align: justify;">According to the bank, Chapakot branch will provide modern financial services to the locals and will bring programs to increase financial accessibility.</p> <p style="text-align: justify;"> “Bank is planning to open new branches in Gongabu of Kathmandu and Bardgat of Nawalparasi as well,” informed Govinda Prasad Dhakal, Executive Officer of Garima Bank. </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3392', 'image' => '20160517120238_garima.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '3557', 'article_category_id' => '1', 'title' => 'Subisu Partners with Annapurna for Clear TV', 'sub_title' => '', 'summary' => 'May 17: Hotel Annapurna has partnered with Subisu Cablenet in a bid to provide clearest TV viewing experience ‘Clear TV’ service to its customers on May 16. Abhinav Rana, General Manager (GM) of Hotel Annapurna and Binaya Mohan Saud, CEO of Subisu Cablenet jointly signed an agreement to provide the service. “With this agreement, all the rooms of the hotels will be equipped with Subisu’s premium digital TV service-Clear TV where customers can experience the digital contents in High Definition (HD),” informs the joint press statement issued by the two institutions.', 'content' => '<p style="text-align: justify;">May 17: Hotel Annapurna has partnered with Subisu Cablenet to provide Clear TV service to its customers. Binaya Mohan Saud, CEO of Subisu Cablenet and Abhinav Rana, General Manager of Hotel Annapurna and signed an agreement to this effect on May 16. “With this agreement, all rooms of the hotels will be equipped with Subisu’s premium Digital TV Service where customers can experience the digital contents in high definition,” informs a joint press statement by the companies.</p> <p style="text-align: justify;">“Digital TV service will help us to offer better experience to our customers as it is need of the hour. Our partnership will deliver state of the art entertainment to our esteemed customers providing TV and In-house Video Contents in HD,” says Abhinav Rana, GM of Hotel Annapurna.</p> <p style="text-align: justify;">“Subisu’s Clear TV Service has more than 30 HD and 100 plus digital channels across various genres such as sports, movies, entertainment and adventure and lifestyle,” reads the statement.</p> <p style="text-align: justify;">“We are seeing customers demanding for better service and our Clear TV service is well placed to meet those expectations,” says Subisu CEO Binaya M. Saud.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3391', 'image' => '20160517112649_anna.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3556', 'article_category_id' => '1', 'title' => 'ILFCO Microfinance Starts 5 Branches', 'sub_title' => '', 'summary' => 'ILFCO Microfinance Starts 5 Branches', 'content' => '<p style="text-align:justify">May 17: ILFCO Microfinance, a ‘D’ class financial institution licenced by Nepal Rastra Bank, has started five branches across the various parts of the nation. The microfinance has started branches in Shankarapuri of Kathmandu, Deupur of Kavre, Bhadrakali of Sindhuli, Thansing of Nuwakot and Simichour of Gulmi. The number of branches of the company has reached 10 with the additions. According to a press release by ILFCO Microfinance, the company is also preparing to start branches in Laxmipur of Dang and Khadgabhangyanj of Nuwakot within the current FY.</p> <p style="text-align:justify">ILFCO Microfinance is a subsidiary company of International Leasing and Finance Co Ltd. The company has Rs 538.6 million in loans till the mid-April of current FY. </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-19', 'keywords' => '', 'description' => '', 'sortorder' => '3390', 'image' => '20160517111554_ilf.JPG', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3555', 'article_category_id' => '1', 'title' => 'Om Devt Earns Rs 141 Million Profit', 'sub_title' => '', 'summary' => 'May 17: Om development bank has earned Rs 140 million profit in the third quarter of current FY. Former Om Finance and City Development Bank merged together to become Om development Bank on 2016 April 4. Currently, Bank is serving its customers through 25 branches. Operating with Rs 1.05 billion paid-up capital, the bank has collected Rs 10.92 billion in deposits and has Rs 9.08 billion in loans. ', 'content' => '<p style="text-align:justify">May 17: Om Development Bank has earned Rs 140 million profit in the third quarter of current FY. Former Om Finance and City Development Bank merged together to become Om Development Bank on 2016 April 4.</p> <p style="text-align:justify">Currently, the bank is serving its customers through 25 branches. Operating with Rs 1.05 billion paid-up capital, the bank has collected Rs 10.92 billion in deposits and has Rs 9.08 billion in loans. </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3389', 'image' => '20160517104648_om].jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3554', 'article_category_id' => '1', 'title' => ' OnePlus X Launched', 'sub_title' => '', 'summary' => 'May 16: iHub Private Limited, the authorized distributor of OnePlus for Nepal has launched OnePlus X Onyx. According to the company, the smartphone will be available on the website of Kaymu for the first week and soon after it will be available in selected retailers across the country.', 'content' => '<p>May 16: iHub Private Limited, the authorized distributor of OnePlus for Nepal has launched OnePlus X Onyx.</p> <p>According to the company, the smartphone will be available on the website of Kaymu for the first week and soon after it will be available in selected retailers across the country.</p> <p>The OnePlus X Onyx is fashioned with black glass on a metal bezel, slightly rounded edges and at just 4.86 oz slim size. The new OnePlus smartphone comes with remarkable processing powered by Oxygen OS based on Android 5.1 Lollipop Operating System upgradable to 6.0.1 Marshmallow. Similarly, the phone is equipped with Qualcomm Snapdragon 801, 2.3 GHz quad-core processor.</p> <p> </p> <p>"Nepal has advanced immensely when it comes to technology and gadgets. OnePlus X is a perfect match to the Nepalese market both in terms of looks and pricing. We aim to give our loyal buyers the best of what they can have and OnePlus X serves to be the best smart phone in this segment that has not only met customer's needs but have exceeded their expectations," say Sirish Murarka and Lokesh Oli, Directors of ihub Pvt. Ltd. </p> <p>The new OnePlus smartphone comes with 5” 1080p Active Matrix OLED screen and the 441 PPI resolutions. . The phone comes with 13MP rear camera combined with f/2.2 aperture and 8MP front facing camera. The OnePlus X comes with an internal memory 16 GB (expandable up to 128GB) with a RAM of 3GB LPDDR3. Also, the phone is powered by a powerful 2525 mAh battery which allows 8 hours of talk time on a single charge.</p> <p>The price of OnePlus X is tagged Rs 28,900 in Nepal. The phone is available at Rs 26,999 as an introductory offer exclusively for buyers at Kaymu.</p> <p> </p> ', 'published' => true, 'created' => '2016-05-16', 'modified' => '2016-05-16', 'keywords' => '', 'description' => '', 'sortorder' => '3388', 'image' => '20160516055355_lava.jpg', 'article_date' => '2016-05-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3553', 'article_category_id' => '1', 'title' => 'Laxman Risal Appointed NIC Asia CEO', 'sub_title' => '', 'summary' => 'May 16: Mr. Laxman Risal has been appointed as the CEO of NIC ASIA Bank as per the decision of the Board of Directors. Mr. Risal has been working as Acting CEO of the bank for last one year. Mr. Risal holds different leadership role of 26 years in the Banking and Insurance sector informs the press statement.', 'content' => '<p>May 16: Laxman Risal has been appointed the CEO of NIC ASIA Bank as per the decision of the Board of Directors. <span style="line-height:1.6">Risal has been working as Acting CEO of the bank for the last one year. He had held different leadership roles in 26 years of his career in banking and insurance sector.</span></p> <p>Meanwhile, NIC Asia Bank informs of earning operating profit of Rs 926.5 million in the third quarter of current FY. The bank has collected Rs 64.14 billion in <span style="line-height:20.8px">deposits while its loans totaled </span><span style="line-height:1.6">Rs 52.49 billion in the period.</span></p> <p>NIC Asia Bank has been providing services to the customer through 67 branches and 69 ATMs across the country. </p> ', 'published' => true, 'created' => '2016-05-16', 'modified' => '2016-05-16', 'keywords' => '', 'description' => '', 'sortorder' => '3387', 'image' => '20160516055137_nic.jpg', 'article_date' => '2016-05-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3552', 'article_category_id' => '1', 'title' => 'Hyundai Ticket to Euro Cup 2016 Begins', 'sub_title' => '', 'summary' => 'Hyundai Ticket to Euro Cup 2016 Begins May 16: Laxmi Intercontinental, the authorised distributor of Hyundai Motors in Nepal has started a program- Hello Hyundai Owners under UEFA Euro Cup 2016. According to the company, two lucky winners will be awarded with two tickets to watch final game of EURO Cup. Winners will be selected through a lucky draw. The draw is open for Hyundai customers who are registered at www.laxmihyundai.com/euro2016. This event will commence from May 16 and ends at May 31.', 'content' => '<p style="text-align: justify;">May 16: Laxmi Intercontinental, the authorised distributor of Hyundai Motors in Nepal has started a program- Hello Hyundai Owners under UEFA Euro Cup 2016.</p> <p style="text-align: justify;">According to the company, two lucky winners will be awarded with two tickets to watch final game of EURO Cup. Winners will be selected through a lucky draw. The draw is open for Hyundai customers who are registered at <a href="http://www.laxmihyundai.com/euro2016">www.laxmihyundai.com/euro2016</a>.</p> <p style="text-align: justify;">This event will commence from May 16 and ends at May 31.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-16', 'modified' => '2016-05-16', 'keywords' => '', 'description' => '', 'sortorder' => '3386', 'image' => '20160516045702_hello.jpg', 'article_date' => '2016-05-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3551', 'article_category_id' => '1', 'title' => 'Arun Kabeli Floats General Shares for Affected Areas from Monday', 'sub_title' => '', 'summary' => ' May 16: Arun Kabeli has floated 1,500,000 units of general shares priced at Rs 100 per unit to affected areas of the project. Among the 1,500,000 units, affected areas Nagi, Thurpu and Amarpur of Pachthar district are allocated 600,000 units of shares. Similarly, remaining 900,000 units of shares are allocated for other VDCs of Pachthar and Taplejung districts. The issue will close early on May 30 and lately on June 19. The company has appointed Siddhartha Capital as its issue manager. ', 'content' => '<p style="text-align: justify;">May 16: Arun Kabeli has floated 1,500,000 units of general shares priced at Rs 100 per unit to affected areas of the project. Among the 1,500,000 units, affected areas Nagi, Thurpu and Amarpur of Pachthar district are allocated 600,000 units of shares. Similarly, remaining 900,000 units of shares are allocated for other VDCs of Pachthar and Taplejung districts.</p> <p style="text-align: justify;">The issue will close early on May 30 and lately on June 19. The company has appointed Siddhartha Capital as its issue manager. </p> ', 'published' => true, 'created' => '2016-05-16', 'modified' => '2016-05-16', 'keywords' => '', 'description' => '', 'sortorder' => '3385', 'image' => '20160516032153_aurn.jpg', 'article_date' => '2016-05-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '3565', 'article_category_id' => '1', 'title' => 'Reduction in International Trade of Nepal', 'sub_title' => '', 'summary' => 'May 18: Nepali international trade is likely to have a downfall in current FY. Due to the affects of the devastating earthquake of last year and the five months long border blockade, Nepal’s international trade might decrease significantly this FY. According to the current macroeconomic and financial situation of Nepal based on nine months data, import and export of Nepal with various countries are likely to decrease by 9.9 percent and 23.4 percent respectively.', 'content' => '<p style="text-align: justify;">May 18: Nepali international trade is likely to have a downfall in current FY. Due to the affects of the devastating earthquake of last year and the five months long border blockade, Nepal’s international trade might decrease significantly this FY. According to the current macroeconomic and financial situation of Nepal based on nine months data, import and export of Nepal with various countries are likely to decrease by 9.9 percent and 23.4 percent respectively.</p> <p style="text-align: justify;">According to NRB statistics, Nepal has exported merchandise worth Rs. 49.24 billion while imported Rs. 519.97 billion worth of merchandise. In the last FY, Nepal had exported merchandise of Rs 64.27 billion while imported Rs 577.1 billion merchandise.</p> <p style="text-align: justify;">Similarly, international trade of Nepal with all countries are in negative trend in the review period. Among them, trade with India, Nepal’s biggest trade partner has shown contraction. In the review period, exports to India have decreased by 33.4 percent while imports have decreased by 14.3 percent. Likewise, export to another major trade partner, China has decreased by 41.3 percent whereas import has increased by 2.8 percent.</p> <p style="text-align: justify;">In the review period, the export-import price index has improved by 24.5 percent in the review period. The price index has shown improvement due to the increase in price of export items such as cardamom, yarsagumba and fall in the price of petroleum products.</p> ', 'published' => true, 'created' => '2016-05-18', 'modified' => '2016-05-18', 'keywords' => '', 'description' => '', 'sortorder' => '3399', 'image' => null, 'article_date' => '2016-05-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3564', 'article_category_id' => '1', 'title' => 'Nepal International Gem and Jewelry Expo from Friday', 'sub_title' => '', 'summary' => 'May 18: Nepal International Gem and Jewelry Expo will be held in Kathmandu from Friday. According to the organizers, the expo aims to promote export of Nepali ornaments, originality of handicrafts, diversity along with exposing special abilities of Nepali jewelers to national and international levels. The expo will be jointly organised by Federation of Handicraft Association of Nepal, Federation of Nepal Gold Silver Gem and Jewelry Association and ‘Nepal Gem and Jewelry Council’ promoted by Federation of Nepal Gold Silver Dealers’ Association. ', 'content' => '<p style="text-align: justify;">May 18: Nepal International Gem and Jewelry Expo will be held in Kathmandu from Friday. According to the organizers, the expo aims to promote export of Nepali ornaments, originality of handicrafts, diversity along with exposing special abilities of Nepali jewelers to national and international levels. The expo will be jointly organised by Federation of Handicraft Association of Nepal, Federation of Nepal Gold Silver Gem and Jewelry Association and ‘Nepal Gem and Jewelry Council’ promoted by Federation of Nepal Gold Silver Dealers’ Association. </p> <p style="text-align: justify;">The organizers informed that there will be 59 stalls in the expo with 53 domestic and remaining six foreign. Similarly, India’s Gem and Jewellery Export Promotion Council, Gemological Institute of America operating in India and The New Jewelers Magazine will be supporting promotional and technical knowledge.</p> <p style="text-align: justify;"> According to organisers, valuable ornaments, jewelries and handicraft along with gems, modern machineries, ornamental watch will be showcased in the expo.</p> <p style="text-align: justify;">The expo will also include a jewelry related seminar, gem cutting, polishing, finishing and ‘live demonstration’ and a fashion show as additional attraction.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-18', 'modified' => '2016-05-18', 'keywords' => '', 'description' => '', 'sortorder' => '3398', 'image' => '20160518033250_ge,.jpg', 'article_date' => '2016-05-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3563', 'article_category_id' => '1', 'title' => 'Ashok Leyland Service Centre at Gongabu', 'sub_title' => '', 'summary' => 'May 18: LT Enterprises Pvt.Ltd., an automobile trading subsidiary of IME Group, has opened fully equipped service centre for Ashok Leyland brand of commercial vehicles at Gongabu, New Buspark, Kathmandu. The company, issuing a press release said that the service centre is a full-fledged setup expanded in 35,000 sq.ft. Areas where a full range of Ashok Leyland commercial vehicles comprising various models of trucks/tippers, buses, light commercial vehicles are displayed along with service and spare parts facilities.', 'content' => '<p>May 18: LT Enterprises Pvt Ltd, the automobile trading subsidiary of IME Group, has opened a service centre for Ashok Leyland brand of commercial vehicles at Gongabu, New Buspark, Kathmandu. The company issuing a press release said that the service centre is a full-fledged setup expanded in 35,000 square feet area where a full range of Ashok Leyland commercial Vehicles comprising various models of trucks/tippers, buses and light commercial vehicles are displayed along with service and spare parts facilities.</p> <p>The service centre was inaugurated jointly by Chandra Prasad Dhakal, Executive Chairman of IME group, Hem Raj Dhakal, Executive Director of IME Group, Vinod K Dasari, Managing Director of Ashok Leyland Ltd, Rajive Saharia, President of Global Sales and Distribution of Ashok Leyland Ltd, in presence of other officials from Ashok Leyland India and the entire team of IME Group.</p> <p>“With the official launch of Ashok Leyland and IME Group’s brand association in Nepal, LT Enterprises expects to reach new highs in the Commercial Vehicle industry in near future by leveraging Ashok Leyland’s esteemed brand recognition as a trustworthy brand and through our excellent sales and service facilities set up as well as planned at important locations at key markets of the country” said Chandra Prasad Dhakal, Executive Chairman of IME group speaking at the inauguration ceremony.</p> <p>On the occasion Chief Guest Vinod K Dasari, Managing Director of Ashok Leyland Ltd, wished all the very best to IME Group with Ashok Leyland business venture. Further, he congratulated IME Group for the unison of Ashok Leyland and IME, as right a right channel partner for Ashok Leyland in Nepal.</p> ', 'published' => true, 'created' => '2016-05-18', 'modified' => '2016-05-18', 'keywords' => '', 'description' => '', 'sortorder' => '3397', 'image' => '20160518013331_ley.jpg', 'article_date' => '2016-05-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3562', 'article_category_id' => '1', 'title' => 'Interbank Loan Increases 42% in 9 Months', 'sub_title' => '', 'summary' => 'May 18: The interbank loan taken by banks and financial institutions has increase by 42 percent in the nine months of current fiscal year. Although the current FY has been considered as ‘high liquidity year’, tight liquidity in the third quarter has attributed to increase in interbank loans. Commercial banks had carried out interbank transactions of Rs 329 billion during the nine months of previous FY which has increased to Rs 640 billion in the same period of current FY. Similarly, development banks and finance companies had carried out such transactions worth Rs 163 billion in the same period of last FY which has decreased to Rs 61.47 billion in the review period. In the last mid-April, weighted average interest rate on interbank loan was three percent after which it has increased to 5.66 percent. Presently, it is below one percent that indicates of improve in tight liquidity in the banking sector.', 'content' => '<p style="text-align: justify;">May 18: The interbank loan taken by banks and financial institutions has increase by 42 percent in the nine months of current fiscal year. Although the current FY has been considered as ‘high liquidity year’, tight liquidity in the third quarter has attributed to increase in interbank loans.</p> <p style="text-align: justify;">Commercial banks had carried out interbank transactions of Rs 329 billion during the nine months of previous FY which has increased to Rs 640 billion in the same period of current FY. Similarly, development banks and finance companies had carried out such transactions worth Rs 163 billion in the same period of last FY which has decreased to Rs 61.47 billion in the review period. In the last mid-April, weighted average interest rate on interbank loan was three percent after which it has increased to 5.66 percent. Presently, it is below one percent that indicates of improve in tight liquidity in the banking sector.</p> <p style="text-align: justify;">After the devastating earthquake and the border blockade, Nepal Rastra Bank had mopped up Rs 471 billion excess liquidity from banking sector due to low investment. Following the end of border blockade, trade expansion and liquidity holding through short-term monetary tools led to increase in interbank transactions of BFIs. The BFIs’ loan investment has increased by 15 percent to Rs 1565 billion in last mid-April. Likewise, bank loan investment has increased by 14.4 percent in the private sector.</p> <p style="text-align: justify;">Meanwhile, utilization of refinance facility provided by NRB in subsidised rate to expand export and productive sector has decreased during the review period. The total sum of general refinance and export refinance has limited to Rs 2.26 billion and Rs 1.12 billion respectively. Similarly, only Rs 14 million of subsidised loans provided for earthquake survivors has been utilised. Although 20 percent investment in productive sector has been made mandatory by NRB, only 16.32 percent has been invested so far. In the meantime, deposit collection of the bank has increased by 12 percent to Rs 1970 billion. </p> ', 'published' => true, 'created' => '2016-05-18', 'modified' => '2016-05-18', 'keywords' => '', 'description' => '', 'sortorder' => '3396', 'image' => '20160518125040_interbank.jpg', 'article_date' => '2016-05-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3561', 'article_category_id' => '1', 'title' => 'Microfinance Conference Concludes with 16 pt Declaration', 'sub_title' => '', 'summary' => 'May 17: The two-day National Microfinance Member Conference held in Kathmandu has concluded issuing a 16-point declaration. The conference held on Sunday and Monday aimed to provide feedback for national policy formulation and implementation of programs in the microfinance sector. The conference was participated by representatives of marginalised groups and women entrepreneurs, policymakers along with 700 participants from various organisations.', 'content' => '<p style="text-align: justify;">May 17: The two-day National Microfinance Member Conference held in Kathmandu has concluded issuing a 16-point declaration. The conference held on Sunday and Monday aimed to provide feedback for national policy formulation and implementation of programs in the microfinance sector. The conference was participated by representatives of marginalised groups and women entrepreneurs, policymakers along with 700 participants from various organisations.</p> <p style="text-align: justify;">The declaration prepared after detail discussion was presented by Rajendra Bahadur Pradhan, member of the organising committee. As per the declaration, microfinance sector will organise a campaign to reduce the poverty level of the households which are under poverty line to zero by 2030. The declaration stated that microfinance companies will operate health insurance all across Nepal.</p> <p style="text-align: justify;"> Similarly, the declaration comprises programs to include marginalised people by forming a taskplan, formulate required strategies to develop skills of members in order to foster entrepreneurship and operating commercial development trainings. The declaration also includes programs to raise loan ceiling to Rs 5 million from Nepal Rastra Bank to increase access of finance in remote areas while requesting a five-year payment period.</p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3395', 'image' => '20160517053630_micro.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '3560', 'article_category_id' => '1', 'title' => 'Huawei GR3 in Nepal', 'sub_title' => '', 'summary' => 'May 17: Huawei Technologies has launched Huawei GR3 in the Nepali market. The Huawei GR3 is the latest smart phone in its G series of smartphone. “This elegant smart phone comes with fine connectivity clubbed with concise and delicate design,” informs the company in a press statement.', 'content' => '<p style="text-align: justify;">May 17: Huawei Technologies has launched Huawei GR3 in the Nepali market. The new Huawei phone is the latest in the company’s G series handsets. “This elegant smart phone comes with fine connectivity clubbed with concise and delicate design,” says the company in a press statement.</p> <p style="text-align: justify;">GR3 is powered by an octa-core 64 – bit CPU running on Android 5.1 Lollipop with EMUI 3.1 Lite interface and supports 4G LTE Cat4 networks. The latest Huawei handset comes with a 16GB ROM expandable up to 128 GB and 2GB RAM .The phone has unique one-piece aluminum back cover. As per the company, it has 143.5 mm (L) x 71.0 mm (W) x 7.6 mm (H) slim aluminum alloy body.</p> <p style="text-align: justify;"> GR3 comes with a 13 MP rear snapper and a 5 MP front camera. According to the company, the phone has unique technology with 160ﾟwide viewing angle screen, accounting for 68 percent of the panel, with a 5.0 inch HD IPS LCD 720 display.</p> <p style="text-align: justify;">Similarly, GR3 comes with a 2,200 mAh battery along with Bluetooth 4.0. Priced at Rs 21,999, the handset is available in three colors- titanium gray, silver and champagne gold.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3394', 'image' => '20160517052910_huwai.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '3559', 'article_category_id' => '1', 'title' => 'NMB’s Interaction Concludes', 'sub_title' => '', 'summary' => 'May 17: NMB bank has recently conducted an interaction program in regarding the commercial business and financial mobilization. The program was directed towards the clients who are doing commercial business and financial mobilisation in large volumes. Participants found the program to be advantageous as it was aimed at facilitating the needs of daily transactions of the clients.', 'content' => '<p style="text-align: justify;">May 17: NMB bank has recently conducted an interaction program in regarding the commercial business and financial mobilization. The program was directed towards the clients who are doing commercial business and financial mobilisation in large volumes. Participants found the program to be advantageous as it was aimed at facilitating the needs of daily transactions of the clients.</p> <p style="text-align: justify;"> “Through this program we knew about facilities provided by the bank. The bank’s effort to help us is very admiring,” said one participant.</p> <p style="text-align: justify;">Issuing a press statement, the bank said that the program has been organised as per its new corporate campaign ‘Atmanirbhar Nepal’ launched in late April.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3393', 'image' => '20160517122945_nmb.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3558', 'article_category_id' => '1', 'title' => 'Garima Bank Opens Branch in Chapakot', 'sub_title' => '', 'summary' => 'May 17: Garima Bank has opened a branch in Chapakot of Syangja. Chiranjibi Chapagain, Director of Nepal Rastra Bank inaugurated the branch office amid a ceremony held on May 16. According to the bank, Chapakot branch will provide modern financial services to the locals and will bring programs to increase financial accessibility.', 'content' => '<p style="text-align: justify;">May 17: Garima Bank has opened a branch in Chapakot of Syangja. Chiranjibi Chapagain, Director of Nepal Rastra Bank inaugurated the branch office amid a ceremony held on May 16. </p> <p style="text-align: justify;">According to the bank, Chapakot branch will provide modern financial services to the locals and will bring programs to increase financial accessibility.</p> <p style="text-align: justify;"> “Bank is planning to open new branches in Gongabu of Kathmandu and Bardgat of Nawalparasi as well,” informed Govinda Prasad Dhakal, Executive Officer of Garima Bank. </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3392', 'image' => '20160517120238_garima.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '3557', 'article_category_id' => '1', 'title' => 'Subisu Partners with Annapurna for Clear TV', 'sub_title' => '', 'summary' => 'May 17: Hotel Annapurna has partnered with Subisu Cablenet in a bid to provide clearest TV viewing experience ‘Clear TV’ service to its customers on May 16. Abhinav Rana, General Manager (GM) of Hotel Annapurna and Binaya Mohan Saud, CEO of Subisu Cablenet jointly signed an agreement to provide the service. “With this agreement, all the rooms of the hotels will be equipped with Subisu’s premium digital TV service-Clear TV where customers can experience the digital contents in High Definition (HD),” informs the joint press statement issued by the two institutions.', 'content' => '<p style="text-align: justify;">May 17: Hotel Annapurna has partnered with Subisu Cablenet to provide Clear TV service to its customers. Binaya Mohan Saud, CEO of Subisu Cablenet and Abhinav Rana, General Manager of Hotel Annapurna and signed an agreement to this effect on May 16. “With this agreement, all rooms of the hotels will be equipped with Subisu’s premium Digital TV Service where customers can experience the digital contents in high definition,” informs a joint press statement by the companies.</p> <p style="text-align: justify;">“Digital TV service will help us to offer better experience to our customers as it is need of the hour. Our partnership will deliver state of the art entertainment to our esteemed customers providing TV and In-house Video Contents in HD,” says Abhinav Rana, GM of Hotel Annapurna.</p> <p style="text-align: justify;">“Subisu’s Clear TV Service has more than 30 HD and 100 plus digital channels across various genres such as sports, movies, entertainment and adventure and lifestyle,” reads the statement.</p> <p style="text-align: justify;">“We are seeing customers demanding for better service and our Clear TV service is well placed to meet those expectations,” says Subisu CEO Binaya M. Saud.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3391', 'image' => '20160517112649_anna.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3556', 'article_category_id' => '1', 'title' => 'ILFCO Microfinance Starts 5 Branches', 'sub_title' => '', 'summary' => 'ILFCO Microfinance Starts 5 Branches', 'content' => '<p style="text-align:justify">May 17: ILFCO Microfinance, a ‘D’ class financial institution licenced by Nepal Rastra Bank, has started five branches across the various parts of the nation. The microfinance has started branches in Shankarapuri of Kathmandu, Deupur of Kavre, Bhadrakali of Sindhuli, Thansing of Nuwakot and Simichour of Gulmi. The number of branches of the company has reached 10 with the additions. According to a press release by ILFCO Microfinance, the company is also preparing to start branches in Laxmipur of Dang and Khadgabhangyanj of Nuwakot within the current FY.</p> <p style="text-align:justify">ILFCO Microfinance is a subsidiary company of International Leasing and Finance Co Ltd. The company has Rs 538.6 million in loans till the mid-April of current FY. </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-19', 'keywords' => '', 'description' => '', 'sortorder' => '3390', 'image' => '20160517111554_ilf.JPG', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3555', 'article_category_id' => '1', 'title' => 'Om Devt Earns Rs 141 Million Profit', 'sub_title' => '', 'summary' => 'May 17: Om development bank has earned Rs 140 million profit in the third quarter of current FY. Former Om Finance and City Development Bank merged together to become Om development Bank on 2016 April 4. Currently, Bank is serving its customers through 25 branches. Operating with Rs 1.05 billion paid-up capital, the bank has collected Rs 10.92 billion in deposits and has Rs 9.08 billion in loans. ', 'content' => '<p style="text-align:justify">May 17: Om Development Bank has earned Rs 140 million profit in the third quarter of current FY. Former Om Finance and City Development Bank merged together to become Om Development Bank on 2016 April 4.</p> <p style="text-align:justify">Currently, the bank is serving its customers through 25 branches. Operating with Rs 1.05 billion paid-up capital, the bank has collected Rs 10.92 billion in deposits and has Rs 9.08 billion in loans. </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3389', 'image' => '20160517104648_om].jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3554', 'article_category_id' => '1', 'title' => ' OnePlus X Launched', 'sub_title' => '', 'summary' => 'May 16: iHub Private Limited, the authorized distributor of OnePlus for Nepal has launched OnePlus X Onyx. According to the company, the smartphone will be available on the website of Kaymu for the first week and soon after it will be available in selected retailers across the country.', 'content' => '<p>May 16: iHub Private Limited, the authorized distributor of OnePlus for Nepal has launched OnePlus X Onyx.</p> <p>According to the company, the smartphone will be available on the website of Kaymu for the first week and soon after it will be available in selected retailers across the country.</p> <p>The OnePlus X Onyx is fashioned with black glass on a metal bezel, slightly rounded edges and at just 4.86 oz slim size. The new OnePlus smartphone comes with remarkable processing powered by Oxygen OS based on Android 5.1 Lollipop Operating System upgradable to 6.0.1 Marshmallow. Similarly, the phone is equipped with Qualcomm Snapdragon 801, 2.3 GHz quad-core processor.</p> <p> </p> <p>"Nepal has advanced immensely when it comes to technology and gadgets. OnePlus X is a perfect match to the Nepalese market both in terms of looks and pricing. We aim to give our loyal buyers the best of what they can have and OnePlus X serves to be the best smart phone in this segment that has not only met customer's needs but have exceeded their expectations," say Sirish Murarka and Lokesh Oli, Directors of ihub Pvt. Ltd. </p> <p>The new OnePlus smartphone comes with 5” 1080p Active Matrix OLED screen and the 441 PPI resolutions. . The phone comes with 13MP rear camera combined with f/2.2 aperture and 8MP front facing camera. The OnePlus X comes with an internal memory 16 GB (expandable up to 128GB) with a RAM of 3GB LPDDR3. Also, the phone is powered by a powerful 2525 mAh battery which allows 8 hours of talk time on a single charge.</p> <p>The price of OnePlus X is tagged Rs 28,900 in Nepal. The phone is available at Rs 26,999 as an introductory offer exclusively for buyers at Kaymu.</p> <p> </p> ', 'published' => true, 'created' => '2016-05-16', 'modified' => '2016-05-16', 'keywords' => '', 'description' => '', 'sortorder' => '3388', 'image' => '20160516055355_lava.jpg', 'article_date' => '2016-05-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3553', 'article_category_id' => '1', 'title' => 'Laxman Risal Appointed NIC Asia CEO', 'sub_title' => '', 'summary' => 'May 16: Mr. Laxman Risal has been appointed as the CEO of NIC ASIA Bank as per the decision of the Board of Directors. Mr. Risal has been working as Acting CEO of the bank for last one year. Mr. Risal holds different leadership role of 26 years in the Banking and Insurance sector informs the press statement.', 'content' => '<p>May 16: Laxman Risal has been appointed the CEO of NIC ASIA Bank as per the decision of the Board of Directors. <span style="line-height:1.6">Risal has been working as Acting CEO of the bank for the last one year. He had held different leadership roles in 26 years of his career in banking and insurance sector.</span></p> <p>Meanwhile, NIC Asia Bank informs of earning operating profit of Rs 926.5 million in the third quarter of current FY. The bank has collected Rs 64.14 billion in <span style="line-height:20.8px">deposits while its loans totaled </span><span style="line-height:1.6">Rs 52.49 billion in the period.</span></p> <p>NIC Asia Bank has been providing services to the customer through 67 branches and 69 ATMs across the country. </p> ', 'published' => true, 'created' => '2016-05-16', 'modified' => '2016-05-16', 'keywords' => '', 'description' => '', 'sortorder' => '3387', 'image' => '20160516055137_nic.jpg', 'article_date' => '2016-05-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3552', 'article_category_id' => '1', 'title' => 'Hyundai Ticket to Euro Cup 2016 Begins', 'sub_title' => '', 'summary' => 'Hyundai Ticket to Euro Cup 2016 Begins May 16: Laxmi Intercontinental, the authorised distributor of Hyundai Motors in Nepal has started a program- Hello Hyundai Owners under UEFA Euro Cup 2016. According to the company, two lucky winners will be awarded with two tickets to watch final game of EURO Cup. Winners will be selected through a lucky draw. The draw is open for Hyundai customers who are registered at www.laxmihyundai.com/euro2016. This event will commence from May 16 and ends at May 31.', 'content' => '<p style="text-align: justify;">May 16: Laxmi Intercontinental, the authorised distributor of Hyundai Motors in Nepal has started a program- Hello Hyundai Owners under UEFA Euro Cup 2016.</p> <p style="text-align: justify;">According to the company, two lucky winners will be awarded with two tickets to watch final game of EURO Cup. Winners will be selected through a lucky draw. The draw is open for Hyundai customers who are registered at <a href="http://www.laxmihyundai.com/euro2016">www.laxmihyundai.com/euro2016</a>.</p> <p style="text-align: justify;">This event will commence from May 16 and ends at May 31.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-16', 'modified' => '2016-05-16', 'keywords' => '', 'description' => '', 'sortorder' => '3386', 'image' => '20160516045702_hello.jpg', 'article_date' => '2016-05-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3551', 'article_category_id' => '1', 'title' => 'Arun Kabeli Floats General Shares for Affected Areas from Monday', 'sub_title' => '', 'summary' => ' May 16: Arun Kabeli has floated 1,500,000 units of general shares priced at Rs 100 per unit to affected areas of the project. Among the 1,500,000 units, affected areas Nagi, Thurpu and Amarpur of Pachthar district are allocated 600,000 units of shares. Similarly, remaining 900,000 units of shares are allocated for other VDCs of Pachthar and Taplejung districts. The issue will close early on May 30 and lately on June 19. The company has appointed Siddhartha Capital as its issue manager. ', 'content' => '<p style="text-align: justify;">May 16: Arun Kabeli has floated 1,500,000 units of general shares priced at Rs 100 per unit to affected areas of the project. Among the 1,500,000 units, affected areas Nagi, Thurpu and Amarpur of Pachthar district are allocated 600,000 units of shares. Similarly, remaining 900,000 units of shares are allocated for other VDCs of Pachthar and Taplejung districts.</p> <p style="text-align: justify;">The issue will close early on May 30 and lately on June 19. The company has appointed Siddhartha Capital as its issue manager. </p> ', 'published' => true, 'created' => '2016-05-16', 'modified' => '2016-05-16', 'keywords' => '', 'description' => '', 'sortorder' => '3385', 'image' => '20160516032153_aurn.jpg', 'article_date' => '2016-05-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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Due to the affects of the devastating earthquake of last year and the five months long border blockade, Nepal’s international trade might decrease significantly this FY. According to the current macroeconomic and financial situation of Nepal based on nine months data, import and export of Nepal with various countries are likely to decrease by 9.9 percent and 23.4 percent respectively.', 'content' => '<p style="text-align: justify;">May 18: Nepali international trade is likely to have a downfall in current FY. Due to the affects of the devastating earthquake of last year and the five months long border blockade, Nepal’s international trade might decrease significantly this FY. According to the current macroeconomic and financial situation of Nepal based on nine months data, import and export of Nepal with various countries are likely to decrease by 9.9 percent and 23.4 percent respectively.</p> <p style="text-align: justify;">According to NRB statistics, Nepal has exported merchandise worth Rs. 49.24 billion while imported Rs. 519.97 billion worth of merchandise. In the last FY, Nepal had exported merchandise of Rs 64.27 billion while imported Rs 577.1 billion merchandise.</p> <p style="text-align: justify;">Similarly, international trade of Nepal with all countries are in negative trend in the review period. Among them, trade with India, Nepal’s biggest trade partner has shown contraction. In the review period, exports to India have decreased by 33.4 percent while imports have decreased by 14.3 percent. Likewise, export to another major trade partner, China has decreased by 41.3 percent whereas import has increased by 2.8 percent.</p> <p style="text-align: justify;">In the review period, the export-import price index has improved by 24.5 percent in the review period. The price index has shown improvement due to the increase in price of export items such as cardamom, yarsagumba and fall in the price of petroleum products.</p> ', 'published' => true, 'created' => '2016-05-18', 'modified' => '2016-05-18', 'keywords' => '', 'description' => '', 'sortorder' => '3399', 'image' => null, 'article_date' => '2016-05-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3564', 'article_category_id' => '1', 'title' => 'Nepal International Gem and Jewelry Expo from Friday', 'sub_title' => '', 'summary' => 'May 18: Nepal International Gem and Jewelry Expo will be held in Kathmandu from Friday. According to the organizers, the expo aims to promote export of Nepali ornaments, originality of handicrafts, diversity along with exposing special abilities of Nepali jewelers to national and international levels. The expo will be jointly organised by Federation of Handicraft Association of Nepal, Federation of Nepal Gold Silver Gem and Jewelry Association and ‘Nepal Gem and Jewelry Council’ promoted by Federation of Nepal Gold Silver Dealers’ Association. ', 'content' => '<p style="text-align: justify;">May 18: Nepal International Gem and Jewelry Expo will be held in Kathmandu from Friday. According to the organizers, the expo aims to promote export of Nepali ornaments, originality of handicrafts, diversity along with exposing special abilities of Nepali jewelers to national and international levels. The expo will be jointly organised by Federation of Handicraft Association of Nepal, Federation of Nepal Gold Silver Gem and Jewelry Association and ‘Nepal Gem and Jewelry Council’ promoted by Federation of Nepal Gold Silver Dealers’ Association. </p> <p style="text-align: justify;">The organizers informed that there will be 59 stalls in the expo with 53 domestic and remaining six foreign. Similarly, India’s Gem and Jewellery Export Promotion Council, Gemological Institute of America operating in India and The New Jewelers Magazine will be supporting promotional and technical knowledge.</p> <p style="text-align: justify;"> According to organisers, valuable ornaments, jewelries and handicraft along with gems, modern machineries, ornamental watch will be showcased in the expo.</p> <p style="text-align: justify;">The expo will also include a jewelry related seminar, gem cutting, polishing, finishing and ‘live demonstration’ and a fashion show as additional attraction.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-18', 'modified' => '2016-05-18', 'keywords' => '', 'description' => '', 'sortorder' => '3398', 'image' => '20160518033250_ge,.jpg', 'article_date' => '2016-05-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3563', 'article_category_id' => '1', 'title' => 'Ashok Leyland Service Centre at Gongabu', 'sub_title' => '', 'summary' => 'May 18: LT Enterprises Pvt.Ltd., an automobile trading subsidiary of IME Group, has opened fully equipped service centre for Ashok Leyland brand of commercial vehicles at Gongabu, New Buspark, Kathmandu. The company, issuing a press release said that the service centre is a full-fledged setup expanded in 35,000 sq.ft. Areas where a full range of Ashok Leyland commercial vehicles comprising various models of trucks/tippers, buses, light commercial vehicles are displayed along with service and spare parts facilities.', 'content' => '<p>May 18: LT Enterprises Pvt Ltd, the automobile trading subsidiary of IME Group, has opened a service centre for Ashok Leyland brand of commercial vehicles at Gongabu, New Buspark, Kathmandu. The company issuing a press release said that the service centre is a full-fledged setup expanded in 35,000 square feet area where a full range of Ashok Leyland commercial Vehicles comprising various models of trucks/tippers, buses and light commercial vehicles are displayed along with service and spare parts facilities.</p> <p>The service centre was inaugurated jointly by Chandra Prasad Dhakal, Executive Chairman of IME group, Hem Raj Dhakal, Executive Director of IME Group, Vinod K Dasari, Managing Director of Ashok Leyland Ltd, Rajive Saharia, President of Global Sales and Distribution of Ashok Leyland Ltd, in presence of other officials from Ashok Leyland India and the entire team of IME Group.</p> <p>“With the official launch of Ashok Leyland and IME Group’s brand association in Nepal, LT Enterprises expects to reach new highs in the Commercial Vehicle industry in near future by leveraging Ashok Leyland’s esteemed brand recognition as a trustworthy brand and through our excellent sales and service facilities set up as well as planned at important locations at key markets of the country” said Chandra Prasad Dhakal, Executive Chairman of IME group speaking at the inauguration ceremony.</p> <p>On the occasion Chief Guest Vinod K Dasari, Managing Director of Ashok Leyland Ltd, wished all the very best to IME Group with Ashok Leyland business venture. Further, he congratulated IME Group for the unison of Ashok Leyland and IME, as right a right channel partner for Ashok Leyland in Nepal.</p> ', 'published' => true, 'created' => '2016-05-18', 'modified' => '2016-05-18', 'keywords' => '', 'description' => '', 'sortorder' => '3397', 'image' => '20160518013331_ley.jpg', 'article_date' => '2016-05-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3562', 'article_category_id' => '1', 'title' => 'Interbank Loan Increases 42% in 9 Months', 'sub_title' => '', 'summary' => 'May 18: The interbank loan taken by banks and financial institutions has increase by 42 percent in the nine months of current fiscal year. Although the current FY has been considered as ‘high liquidity year’, tight liquidity in the third quarter has attributed to increase in interbank loans. Commercial banks had carried out interbank transactions of Rs 329 billion during the nine months of previous FY which has increased to Rs 640 billion in the same period of current FY. Similarly, development banks and finance companies had carried out such transactions worth Rs 163 billion in the same period of last FY which has decreased to Rs 61.47 billion in the review period. In the last mid-April, weighted average interest rate on interbank loan was three percent after which it has increased to 5.66 percent. Presently, it is below one percent that indicates of improve in tight liquidity in the banking sector.', 'content' => '<p style="text-align: justify;">May 18: The interbank loan taken by banks and financial institutions has increase by 42 percent in the nine months of current fiscal year. Although the current FY has been considered as ‘high liquidity year’, tight liquidity in the third quarter has attributed to increase in interbank loans.</p> <p style="text-align: justify;">Commercial banks had carried out interbank transactions of Rs 329 billion during the nine months of previous FY which has increased to Rs 640 billion in the same period of current FY. Similarly, development banks and finance companies had carried out such transactions worth Rs 163 billion in the same period of last FY which has decreased to Rs 61.47 billion in the review period. In the last mid-April, weighted average interest rate on interbank loan was three percent after which it has increased to 5.66 percent. Presently, it is below one percent that indicates of improve in tight liquidity in the banking sector.</p> <p style="text-align: justify;">After the devastating earthquake and the border blockade, Nepal Rastra Bank had mopped up Rs 471 billion excess liquidity from banking sector due to low investment. Following the end of border blockade, trade expansion and liquidity holding through short-term monetary tools led to increase in interbank transactions of BFIs. The BFIs’ loan investment has increased by 15 percent to Rs 1565 billion in last mid-April. Likewise, bank loan investment has increased by 14.4 percent in the private sector.</p> <p style="text-align: justify;">Meanwhile, utilization of refinance facility provided by NRB in subsidised rate to expand export and productive sector has decreased during the review period. The total sum of general refinance and export refinance has limited to Rs 2.26 billion and Rs 1.12 billion respectively. Similarly, only Rs 14 million of subsidised loans provided for earthquake survivors has been utilised. Although 20 percent investment in productive sector has been made mandatory by NRB, only 16.32 percent has been invested so far. In the meantime, deposit collection of the bank has increased by 12 percent to Rs 1970 billion. </p> ', 'published' => true, 'created' => '2016-05-18', 'modified' => '2016-05-18', 'keywords' => '', 'description' => '', 'sortorder' => '3396', 'image' => '20160518125040_interbank.jpg', 'article_date' => '2016-05-18 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3561', 'article_category_id' => '1', 'title' => 'Microfinance Conference Concludes with 16 pt Declaration', 'sub_title' => '', 'summary' => 'May 17: The two-day National Microfinance Member Conference held in Kathmandu has concluded issuing a 16-point declaration. The conference held on Sunday and Monday aimed to provide feedback for national policy formulation and implementation of programs in the microfinance sector. The conference was participated by representatives of marginalised groups and women entrepreneurs, policymakers along with 700 participants from various organisations.', 'content' => '<p style="text-align: justify;">May 17: The two-day National Microfinance Member Conference held in Kathmandu has concluded issuing a 16-point declaration. The conference held on Sunday and Monday aimed to provide feedback for national policy formulation and implementation of programs in the microfinance sector. The conference was participated by representatives of marginalised groups and women entrepreneurs, policymakers along with 700 participants from various organisations.</p> <p style="text-align: justify;">The declaration prepared after detail discussion was presented by Rajendra Bahadur Pradhan, member of the organising committee. As per the declaration, microfinance sector will organise a campaign to reduce the poverty level of the households which are under poverty line to zero by 2030. The declaration stated that microfinance companies will operate health insurance all across Nepal.</p> <p style="text-align: justify;"> Similarly, the declaration comprises programs to include marginalised people by forming a taskplan, formulate required strategies to develop skills of members in order to foster entrepreneurship and operating commercial development trainings. The declaration also includes programs to raise loan ceiling to Rs 5 million from Nepal Rastra Bank to increase access of finance in remote areas while requesting a five-year payment period.</p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3395', 'image' => '20160517053630_micro.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '3560', 'article_category_id' => '1', 'title' => 'Huawei GR3 in Nepal', 'sub_title' => '', 'summary' => 'May 17: Huawei Technologies has launched Huawei GR3 in the Nepali market. The Huawei GR3 is the latest smart phone in its G series of smartphone. “This elegant smart phone comes with fine connectivity clubbed with concise and delicate design,” informs the company in a press statement.', 'content' => '<p style="text-align: justify;">May 17: Huawei Technologies has launched Huawei GR3 in the Nepali market. The new Huawei phone is the latest in the company’s G series handsets. “This elegant smart phone comes with fine connectivity clubbed with concise and delicate design,” says the company in a press statement.</p> <p style="text-align: justify;">GR3 is powered by an octa-core 64 – bit CPU running on Android 5.1 Lollipop with EMUI 3.1 Lite interface and supports 4G LTE Cat4 networks. The latest Huawei handset comes with a 16GB ROM expandable up to 128 GB and 2GB RAM .The phone has unique one-piece aluminum back cover. As per the company, it has 143.5 mm (L) x 71.0 mm (W) x 7.6 mm (H) slim aluminum alloy body.</p> <p style="text-align: justify;"> GR3 comes with a 13 MP rear snapper and a 5 MP front camera. According to the company, the phone has unique technology with 160ﾟwide viewing angle screen, accounting for 68 percent of the panel, with a 5.0 inch HD IPS LCD 720 display.</p> <p style="text-align: justify;">Similarly, GR3 comes with a 2,200 mAh battery along with Bluetooth 4.0. Priced at Rs 21,999, the handset is available in three colors- titanium gray, silver and champagne gold.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3394', 'image' => '20160517052910_huwai.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '3559', 'article_category_id' => '1', 'title' => 'NMB’s Interaction Concludes', 'sub_title' => '', 'summary' => 'May 17: NMB bank has recently conducted an interaction program in regarding the commercial business and financial mobilization. The program was directed towards the clients who are doing commercial business and financial mobilisation in large volumes. Participants found the program to be advantageous as it was aimed at facilitating the needs of daily transactions of the clients.', 'content' => '<p style="text-align: justify;">May 17: NMB bank has recently conducted an interaction program in regarding the commercial business and financial mobilization. The program was directed towards the clients who are doing commercial business and financial mobilisation in large volumes. Participants found the program to be advantageous as it was aimed at facilitating the needs of daily transactions of the clients.</p> <p style="text-align: justify;"> “Through this program we knew about facilities provided by the bank. The bank’s effort to help us is very admiring,” said one participant.</p> <p style="text-align: justify;">Issuing a press statement, the bank said that the program has been organised as per its new corporate campaign ‘Atmanirbhar Nepal’ launched in late April.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3393', 'image' => '20160517122945_nmb.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3558', 'article_category_id' => '1', 'title' => 'Garima Bank Opens Branch in Chapakot', 'sub_title' => '', 'summary' => 'May 17: Garima Bank has opened a branch in Chapakot of Syangja. Chiranjibi Chapagain, Director of Nepal Rastra Bank inaugurated the branch office amid a ceremony held on May 16. According to the bank, Chapakot branch will provide modern financial services to the locals and will bring programs to increase financial accessibility.', 'content' => '<p style="text-align: justify;">May 17: Garima Bank has opened a branch in Chapakot of Syangja. Chiranjibi Chapagain, Director of Nepal Rastra Bank inaugurated the branch office amid a ceremony held on May 16. </p> <p style="text-align: justify;">According to the bank, Chapakot branch will provide modern financial services to the locals and will bring programs to increase financial accessibility.</p> <p style="text-align: justify;"> “Bank is planning to open new branches in Gongabu of Kathmandu and Bardgat of Nawalparasi as well,” informed Govinda Prasad Dhakal, Executive Officer of Garima Bank. </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3392', 'image' => '20160517120238_garima.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '3557', 'article_category_id' => '1', 'title' => 'Subisu Partners with Annapurna for Clear TV', 'sub_title' => '', 'summary' => 'May 17: Hotel Annapurna has partnered with Subisu Cablenet in a bid to provide clearest TV viewing experience ‘Clear TV’ service to its customers on May 16. Abhinav Rana, General Manager (GM) of Hotel Annapurna and Binaya Mohan Saud, CEO of Subisu Cablenet jointly signed an agreement to provide the service. “With this agreement, all the rooms of the hotels will be equipped with Subisu’s premium digital TV service-Clear TV where customers can experience the digital contents in High Definition (HD),” informs the joint press statement issued by the two institutions.', 'content' => '<p style="text-align: justify;">May 17: Hotel Annapurna has partnered with Subisu Cablenet to provide Clear TV service to its customers. Binaya Mohan Saud, CEO of Subisu Cablenet and Abhinav Rana, General Manager of Hotel Annapurna and signed an agreement to this effect on May 16. “With this agreement, all rooms of the hotels will be equipped with Subisu’s premium Digital TV Service where customers can experience the digital contents in high definition,” informs a joint press statement by the companies.</p> <p style="text-align: justify;">“Digital TV service will help us to offer better experience to our customers as it is need of the hour. Our partnership will deliver state of the art entertainment to our esteemed customers providing TV and In-house Video Contents in HD,” says Abhinav Rana, GM of Hotel Annapurna.</p> <p style="text-align: justify;">“Subisu’s Clear TV Service has more than 30 HD and 100 plus digital channels across various genres such as sports, movies, entertainment and adventure and lifestyle,” reads the statement.</p> <p style="text-align: justify;">“We are seeing customers demanding for better service and our Clear TV service is well placed to meet those expectations,” says Subisu CEO Binaya M. Saud.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3391', 'image' => '20160517112649_anna.jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3556', 'article_category_id' => '1', 'title' => 'ILFCO Microfinance Starts 5 Branches', 'sub_title' => '', 'summary' => 'ILFCO Microfinance Starts 5 Branches', 'content' => '<p style="text-align:justify">May 17: ILFCO Microfinance, a ‘D’ class financial institution licenced by Nepal Rastra Bank, has started five branches across the various parts of the nation. The microfinance has started branches in Shankarapuri of Kathmandu, Deupur of Kavre, Bhadrakali of Sindhuli, Thansing of Nuwakot and Simichour of Gulmi. The number of branches of the company has reached 10 with the additions. According to a press release by ILFCO Microfinance, the company is also preparing to start branches in Laxmipur of Dang and Khadgabhangyanj of Nuwakot within the current FY.</p> <p style="text-align:justify">ILFCO Microfinance is a subsidiary company of International Leasing and Finance Co Ltd. The company has Rs 538.6 million in loans till the mid-April of current FY. </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-19', 'keywords' => '', 'description' => '', 'sortorder' => '3390', 'image' => '20160517111554_ilf.JPG', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3555', 'article_category_id' => '1', 'title' => 'Om Devt Earns Rs 141 Million Profit', 'sub_title' => '', 'summary' => 'May 17: Om development bank has earned Rs 140 million profit in the third quarter of current FY. Former Om Finance and City Development Bank merged together to become Om development Bank on 2016 April 4. Currently, Bank is serving its customers through 25 branches. Operating with Rs 1.05 billion paid-up capital, the bank has collected Rs 10.92 billion in deposits and has Rs 9.08 billion in loans. ', 'content' => '<p style="text-align:justify">May 17: Om Development Bank has earned Rs 140 million profit in the third quarter of current FY. Former Om Finance and City Development Bank merged together to become Om Development Bank on 2016 April 4.</p> <p style="text-align:justify">Currently, the bank is serving its customers through 25 branches. Operating with Rs 1.05 billion paid-up capital, the bank has collected Rs 10.92 billion in deposits and has Rs 9.08 billion in loans. </p> ', 'published' => true, 'created' => '2016-05-17', 'modified' => '2016-05-17', 'keywords' => '', 'description' => '', 'sortorder' => '3389', 'image' => '20160517104648_om].jpg', 'article_date' => '2016-05-17 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3554', 'article_category_id' => '1', 'title' => ' OnePlus X Launched', 'sub_title' => '', 'summary' => 'May 16: iHub Private Limited, the authorized distributor of OnePlus for Nepal has launched OnePlus X Onyx. According to the company, the smartphone will be available on the website of Kaymu for the first week and soon after it will be available in selected retailers across the country.', 'content' => '<p>May 16: iHub Private Limited, the authorized distributor of OnePlus for Nepal has launched OnePlus X Onyx.</p> <p>According to the company, the smartphone will be available on the website of Kaymu for the first week and soon after it will be available in selected retailers across the country.</p> <p>The OnePlus X Onyx is fashioned with black glass on a metal bezel, slightly rounded edges and at just 4.86 oz slim size. The new OnePlus smartphone comes with remarkable processing powered by Oxygen OS based on Android 5.1 Lollipop Operating System upgradable to 6.0.1 Marshmallow. Similarly, the phone is equipped with Qualcomm Snapdragon 801, 2.3 GHz quad-core processor.</p> <p> </p> <p>"Nepal has advanced immensely when it comes to technology and gadgets. OnePlus X is a perfect match to the Nepalese market both in terms of looks and pricing. We aim to give our loyal buyers the best of what they can have and OnePlus X serves to be the best smart phone in this segment that has not only met customer's needs but have exceeded their expectations," say Sirish Murarka and Lokesh Oli, Directors of ihub Pvt. Ltd. </p> <p>The new OnePlus smartphone comes with 5” 1080p Active Matrix OLED screen and the 441 PPI resolutions. . The phone comes with 13MP rear camera combined with f/2.2 aperture and 8MP front facing camera. The OnePlus X comes with an internal memory 16 GB (expandable up to 128GB) with a RAM of 3GB LPDDR3. Also, the phone is powered by a powerful 2525 mAh battery which allows 8 hours of talk time on a single charge.</p> <p>The price of OnePlus X is tagged Rs 28,900 in Nepal. The phone is available at Rs 26,999 as an introductory offer exclusively for buyers at Kaymu.</p> <p> </p> ', 'published' => true, 'created' => '2016-05-16', 'modified' => '2016-05-16', 'keywords' => '', 'description' => '', 'sortorder' => '3388', 'image' => '20160516055355_lava.jpg', 'article_date' => '2016-05-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3553', 'article_category_id' => '1', 'title' => 'Laxman Risal Appointed NIC Asia CEO', 'sub_title' => '', 'summary' => 'May 16: Mr. Laxman Risal has been appointed as the CEO of NIC ASIA Bank as per the decision of the Board of Directors. Mr. Risal has been working as Acting CEO of the bank for last one year. Mr. Risal holds different leadership role of 26 years in the Banking and Insurance sector informs the press statement.', 'content' => '<p>May 16: Laxman Risal has been appointed the CEO of NIC ASIA Bank as per the decision of the Board of Directors. <span style="line-height:1.6">Risal has been working as Acting CEO of the bank for the last one year. He had held different leadership roles in 26 years of his career in banking and insurance sector.</span></p> <p>Meanwhile, NIC Asia Bank informs of earning operating profit of Rs 926.5 million in the third quarter of current FY. The bank has collected Rs 64.14 billion in <span style="line-height:20.8px">deposits while its loans totaled </span><span style="line-height:1.6">Rs 52.49 billion in the period.</span></p> <p>NIC Asia Bank has been providing services to the customer through 67 branches and 69 ATMs across the country. </p> ', 'published' => true, 'created' => '2016-05-16', 'modified' => '2016-05-16', 'keywords' => '', 'description' => '', 'sortorder' => '3387', 'image' => '20160516055137_nic.jpg', 'article_date' => '2016-05-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3552', 'article_category_id' => '1', 'title' => 'Hyundai Ticket to Euro Cup 2016 Begins', 'sub_title' => '', 'summary' => 'Hyundai Ticket to Euro Cup 2016 Begins May 16: Laxmi Intercontinental, the authorised distributor of Hyundai Motors in Nepal has started a program- Hello Hyundai Owners under UEFA Euro Cup 2016. According to the company, two lucky winners will be awarded with two tickets to watch final game of EURO Cup. Winners will be selected through a lucky draw. The draw is open for Hyundai customers who are registered at www.laxmihyundai.com/euro2016. This event will commence from May 16 and ends at May 31.', 'content' => '<p style="text-align: justify;">May 16: Laxmi Intercontinental, the authorised distributor of Hyundai Motors in Nepal has started a program- Hello Hyundai Owners under UEFA Euro Cup 2016.</p> <p style="text-align: justify;">According to the company, two lucky winners will be awarded with two tickets to watch final game of EURO Cup. Winners will be selected through a lucky draw. The draw is open for Hyundai customers who are registered at <a href="http://www.laxmihyundai.com/euro2016">www.laxmihyundai.com/euro2016</a>.</p> <p style="text-align: justify;">This event will commence from May 16 and ends at May 31.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-16', 'modified' => '2016-05-16', 'keywords' => '', 'description' => '', 'sortorder' => '3386', 'image' => '20160516045702_hello.jpg', 'article_date' => '2016-05-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3551', 'article_category_id' => '1', 'title' => 'Arun Kabeli Floats General Shares for Affected Areas from Monday', 'sub_title' => '', 'summary' => ' May 16: Arun Kabeli has floated 1,500,000 units of general shares priced at Rs 100 per unit to affected areas of the project. Among the 1,500,000 units, affected areas Nagi, Thurpu and Amarpur of Pachthar district are allocated 600,000 units of shares. Similarly, remaining 900,000 units of shares are allocated for other VDCs of Pachthar and Taplejung districts. The issue will close early on May 30 and lately on June 19. The company has appointed Siddhartha Capital as its issue manager. ', 'content' => '<p style="text-align: justify;">May 16: Arun Kabeli has floated 1,500,000 units of general shares priced at Rs 100 per unit to affected areas of the project. Among the 1,500,000 units, affected areas Nagi, Thurpu and Amarpur of Pachthar district are allocated 600,000 units of shares. Similarly, remaining 900,000 units of shares are allocated for other VDCs of Pachthar and Taplejung districts.</p> <p style="text-align: justify;">The issue will close early on May 30 and lately on June 19. The company has appointed Siddhartha Capital as its issue manager. </p> ', 'published' => true, 'created' => '2016-05-16', 'modified' => '2016-05-16', 'keywords' => '', 'description' => '', 'sortorder' => '3385', 'image' => '20160516032153_aurn.jpg', 'article_date' => '2016-05-16 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
