May 13: Janata Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to Janata Bank. Neelesh Man Singh Pradhan, CEO of NCHL and Kumar LAmsal, CEO of Janata bank signed the agreement to this effect on May…
May 12: United Traders Syndicate, the authorised distributor of Toyota in Nepal has opened a separate outlet, Galaxy Automobiles for its Toyota Certified Used Car Division. The Lalitpur-based outlet located at Bakhundol, will allow the customers to sell any brand of cars and also to exchange new models of Toyota…
May 12: A modern shopping complex has opened in Gongabu of Kathmandu. BG Mall located at New Bus Park area has started its operation officially from May 11. Former finance minister Dr Ramsharan Mahat and Pashupati Murarka, President of Federation of Nepalese Commerce and Industry (FNCCI) jointly inaugurated the shopping mall amid a function on Wednesday. Speaking at the program, Mahat urged the government to remove policy hurdles in order to foster entrepreneurship in the…
May 12: Sujal food has launched ‘Crave Candy’ in new packaging in the market. “The candy has been launched in round shape with new packaging in the market,” informs the company. The company stated that company has drawn new wrapper in a bid to attract children with its impressive new design. The company has planned of starting advertisement campaign across the country with a new theme “Kwappai Khau Swad Ma…
May 12: Net Profit of Civil Bank has increased by 4 percent to Rs 199 million in the third quarter of current fiscal year. The bank’s operating profit has increased by 26.85 percent in the period. The bank has been able to recover Rs 100.1 million bad debt of the last year. Similarly, the bank has earned Rs 69.6 million from foreign currency…
May 12: Net profit of Prime Commercial Bank has increased by 28 percent to Rs 709.5 million. Increase in net interest income by 17.41 percent, operating profit by 23.37 percent and foreign currency exchange by 49.69 percent has attributed in increase in net profit of the…
May 12: Net profit of Lumbini Bank has increased by 12 percent to Rs 277.9 million in the third quarter of current fiscal year. Similarly, net interest income has increased by 10.33 percent and during the period, bank has been able to recover Rs 92.8 million bad debt of last…
May 12: Nepali share market has witnessed the highest annual transaction of all time. In only ten months period of the current FY, Nepali share market has seen the highest transaction amount in compare to previous annual transactions. “The total transaction amount till May 10 is Rs 995 million which is itself a history in annual transaction,” says a NEPSE source. The transaction amount of Rs 1.1 billion in a single day on May 11 has attributed in crossing the annual transaction amount of Rs 100 billion in 10 months…
May 12: A blood donation program has been jointly organized by two banks in Chandranigahapur, Rautahat. The program was held in the support of Everest Bank and Infrastructure Development…
May 12: Biratlaxmi Bikas Bank has celebrated the completion of 12 years of operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062…
May 12: IMS Group has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS…
May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX…
Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program…
May 11: Stakeholders have shown concerns over crisis of food industries following the short sighted policies of the government. In a round table program jointly organized by Arthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and Solutions of Food Industries ’, entrepreneurs blamed the government for being reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned…
May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the…
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As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to Janata Bank. Neelesh Man Singh Pradhan, CEO of NCHL and Kumar LAmsal, CEO of Janata bank signed the agreement to this effect on May 12.', 'content' => '<p>May 13: Janata Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the bank. Neelesh Man Singh Pradhan, CEO of NCHL and Kumar LAmsal, CEO of Janata Bank signed the agreement to this effect on May 12.</p> <p>Customers can withdraw and make payments from any account of the banks and financial institutions under the NCHL-IPS system. “Under this service customers can make payments of cash, dividends, IPO refund, bills, insurance premium, social welfare allowance, pension/salary, remittance and all other types of payments,” informs the service provider in a press statement. NCHL has aimed to include financial institutions in this service as large bulk of transactions can be done easily with transparency while also reducing the associated risks. </p> ', 'published' => true, 'created' => '2016-05-13', 'modified' => '2016-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '3369', 'image' => '20160513113101_jananta.jpg', 'article_date' => '2016-05-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3534', 'article_category_id' => '1', 'title' => ' New Outlet of Toyota Used Cars ', 'sub_title' => '', 'summary' => 'May 12: United Traders Syndicate, the authorised distributor of Toyota in Nepal has opened a separate outlet, Galaxy Automobiles for its Toyota Certified Used Car Division. The Lalitpur-based outlet located at Bakhundol, will allow the customers to sell any brand of cars and also to exchange new models of Toyota cars.', 'content' => '<p style="text-align: justify;">May 12: United Traders Syndicate, the authorised distributor of Toyota in Nepal has opened a separate outlet, Galaxy Automobiles for its Toyota Certified Used Car Division. The Lalitpur-based outlet located at Bakhundol, will allow the customers to sell any brand of cars and also to exchange new models of Toyota cars.</p> <p style="text-align: justify;">Suraj Vaidya, President of Vaidya Organisation of Industries and Trading Houses inaugurated the outlet on May 9. The international standard outlet will certify cars by examining their condition, capacity and life span. The company claimed that the evaluation of vehicles will be correct as the staffs doing the evaluation are trained as per international standards. According to the company, an Exchange Fair will be organised on May 10-15 at the outlet.</p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3368', 'image' => '20160512044725_toyota.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3533', 'article_category_id' => '1', 'title' => 'BG Mall Opens in Gongabu', 'sub_title' => '', 'summary' => 'May 12: A modern shopping complex has opened in Gongabu of Kathmandu. BG Mall located at New Bus Park area has started its operation officially from May 11. Former finance minister Dr Ramsharan Mahat and Pashupati Murarka, President of Federation of Nepalese Commerce and Industry (FNCCI) jointly inaugurated the shopping mall amid a function on Wednesday. Speaking at the program, Mahat urged the government to remove policy hurdles in order to foster entrepreneurship in the country.', 'content' => '<p>May 12<strong>: </strong>A modern shopping complex has opened in Gongabu of Kathmandu. BG Mall located at New Bus Park area has started its operation officially from May 11. Former finance minister Dr Ramsharan Mahat and Pashupati Murarka, President of Federation of Nepalese Commerce and Industry (FNCCI) jointly inaugurated the shopping mall amid a function on Wednesday. Speaking at the program, Mahat urged the government to remove policy hurdles in order to foster entrepreneurship in the country.</p> <p>Similarly, Murarka stated that the opening of one shopping mall can support factories and industries along with the generation of employment. Chudamani Sharma, Director General of Internal Revenue Department hailed the opening of the Mall as the country can prosper economically with the establishment of shopping complexes.</p> <p>On the occasion, Raju Giri, Director of the complex informed that the Mall has almost all essential items including an entertainment zone. The Mall has 60 shops and showrooms of household goods, electrical items, mobile phones, apparels and cosmetics and beauty products. Similarly, the shopping mall also has restaurants, a movie theater, banks and ATM counters.</p> <p> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3367', 'image' => '20160512043925_bg.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3532', 'article_category_id' => '1', 'title' => 'Sujal Re-launches Crave Candy', 'sub_title' => '', 'summary' => 'May 12: Sujal food has launched ‘Crave Candy’ in new packaging in the market. “The candy has been launched in round shape with new packaging in the market,” informs the company. The company stated that company has drawn new wrapper in a bid to attract children with its impressive new design. The company has planned of starting advertisement campaign across the country with a new theme “Kwappai Khau Swad Ma Ramau.”', 'content' => '<p>May 12: Sujal Food has re-launched the Crave Candy in the domestic market wrapped in new packaging. Issuing a press statement, the company informed that Crave candy has been re-launched in the market with an attractive round shape wrapped in new packaging. According to the company, the new wrapper comes with dreams of the world that attracts the children. The company’s plans to start an advertisement campaign across the country with a new theme for the re-launched product. The company has decided a slogan ‘Kuppa Khaum Swaad Ma Ramau’ for the purpose.</p> <p>As per the company, Crave Candy is available in butter scotch and coffee flavors and is priced Rs 1. Sujal foods, the sister organisation of Laxmi Group, has been producing quality confectionery since 1974. </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3366', 'image' => '20160512041922_candy.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3531', 'article_category_id' => '1', 'title' => 'Net Profit of Civil Bank Increases 4%', 'sub_title' => '', 'summary' => 'May 12: Net Profit of Civil Bank has increased by 4 percent to Rs 199 million in the third quarter of current fiscal year. The bank’s operating profit has increased by 26.85 percent in the period. The bank has been able to recover Rs 100.1 million bad debt of the last year. Similarly, the bank has earned Rs 69.6 million from foreign currency exchange.', 'content' => '<p style="text-align:justify">May 12: Net Profit of Civil Bank has increased by 4 percent to Rs 199 million in the third quarter of current fiscal year. The bank’s operating profit has increased by 26.85 percent in the period. The bank has been able to recover Rs 100.1 million bad debt of the last year. Similarly, the bank has earned Rs 69.6 million from foreign currency exchange.</p> <p style="text-align:justify">Likewise, investment of the bank has increased by 3.80 percent to Rs 4.36 billion in the third quarter and reserve fund of the bank has also increased by 9 percent to Rs 404.3 million. The bank has allocated Rs 219.1 million in its provision for possible losses.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3365', 'image' => '20160512040143_CIVIL.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '3530', 'article_category_id' => '1', 'title' => 'Profit of Prime Commercial Bank Rs 709.5 Million', 'sub_title' => '', 'summary' => 'May 12: Net profit of Prime Commercial Bank has increased by 28 percent to Rs 709.5 million. Increase in net interest income by 17.41 percent, operating profit by 23.37 percent and foreign currency exchange by 49.69 percent has attributed in increase in net profit of the bank.', 'content' => '<p>May 12: Net profit of Prime Commercial Bank has increased by 28 percent to Rs 709.5 million in the third quarter of current FY. Increase in net interest income by 17.41 percent, operating profit by 23.37 percent and foreign currency exchange by 49.69 percent has attributed in increase in net profit of the bank.</p> <p>Similarly, in the third quarter of current FY reserve fund of the bank has increased by 29.77 percent, whereas, investment has decreased by 20 percent. The bank has been able to recover Rs 250.2 million bad debt of the last FY.</p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3364', 'image' => '20160512035125_PRIME.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 6 => array( 'Article' => array( 'id' => '3529', 'article_category_id' => '1', 'title' => 'Net Profit of Lumbini Bank Increases 12 %', 'sub_title' => '', 'summary' => 'May 12: Net profit of Lumbini Bank has increased by 12 percent to Rs 277.9 million in the third quarter of current fiscal year. Similarly, net interest income has increased by 10.33 percent and during the period, bank has been able to recover Rs 92.8 million bad debt of last FY.', 'content' => '<p style="text-align: justify;">May 12: Net profit of Lumbini Bank has increased by 12 percent to Rs 277.9 million in the third quarter of current fiscal year. Similarly, net interest income has increased by 10.33 percent and during the period, bank has been able to recover Rs 92.8 million bad debt of last FY.</p> <p style="text-align: justify;">The foreign exchange income of the bank has increased by 38.31 percent to Rs 49.6 million. Meanwhile, investment of the bank has decreased by 1.88 billion. Likewise, provision for possible loss has increased by 34.12 percent to Rs 147.8 million. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3363', 'image' => '20160512033210_lumbini.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3527', 'article_category_id' => '1', 'title' => 'NEPSE Logs Rs 100 Billion in Transactions in 10 Months', 'sub_title' => 'Annual transactions also broke record', 'summary' => 'May 12: Nepali share market has witnessed the highest annual transaction of all time. In only ten months period of the current FY, Nepali share market has seen the highest transaction amount in compare to previous annual transactions. “The total transaction amount till May 10 is Rs 995 million which is itself a history in annual transaction,” says a NEPSE source. The transaction amount of Rs 1.1 billion in a single day on May 11 has attributed in crossing the annual transaction amount of Rs 100 billion in 10 months period.', 'content' => '<p style="text-align: justify;">May 12: Nepali share market has witnessed highest annual transaction of all time. In only ten months of the current fiscal year, NEPSE, the benchmark index of the country’s capital market, has registered highest transaction amount compared to previous annual transactions. “The total transaction amount till May 10 is Rs 995 million which itself is a historical annual transaction amount,” informs a NEPSE source. The transaction amount of Rs 1.1 billion in a single day on May 11 has attributed to cross the annual transaction amount of Rs 100 billion in 10 months.</p> <p style="text-align: justify;">According to the annual report of NEPSE, transaction amount of Rs 65.33 billion took place in FY 2071/72. Despite being in a bullish trend, total transaction amount in the FY 2071/72 was 15 percent less than the previous FY. The report has attributed the decrease to the last year’s devastating earthquake followed by the border blockade. “Investors of all sectors are attracted towards the bull market. The numbers of liquid investors (investors who have less knowledge on investments but have sufficient money) have sharply risen,” says share analyst Dr Gopal Bhatta. According to him, investors of all kind enter share market in every country when the market follows a bullish trend. It has happened in every bullish period in Nepal too.</p> <p style="text-align: justify;">Due to the lack of investment opportunity in other sectors, low bank interest rates alongwith easy loan for share investments have strongly supported investments in share market, analysts say. Alongside the surge in the number of investors in the market, daily average share transaction amount is also increasing.</p> <p style="text-align: justify;">As per the monthly report of NEPSE, average daily transaction has increased to Rs 960 million in 2072 Chaitra from Rs 770 million in 2071 Chaitra.</p> <p style="text-align: justify;">Along with the growth in size of investment in the market, assets of investors are also growing. In the last FY, total share assets of investors was Rs 989 billion which has increased to Rs 1,596 billion by May 12, 2016. </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3361', 'image' => '20160512122349_nepse.JPG', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '3526', 'article_category_id' => '1', 'title' => ' Banks Support Blood Donation Program', 'sub_title' => '', 'summary' => 'May 12: A blood donation program has been jointly organized by two banks in Chandranigahapur, Rautahat. The program was held in the support of Everest Bank and Infrastructure Development Bank.', 'content' => '<p style="text-align: justify;">May 12: A blood donation program was jointly organised by two banks in Chandranigahapur, Rautahat. The program was supported by Everest Bank Limited and Infrastructure Development Bank.</p> <p style="text-align: justify;">Chandrodaye Saving and Credit Cooperative, Moon Bricks, Hotel Himalaya, Hariban and Chandrapur Guest House also participated in the program. The program was organised in association with the Community Service Committee and Community Police Service. Regional Communication Centre of Nepal Red Cross Society, Bharatpur provided technical support for the program. </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3360', 'image' => '20160512122048_blood.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3525', 'article_category_id' => '1', 'title' => 'Biratlaxmi in 13th Year', 'sub_title' => '', 'summary' => 'May 12: Biratlaxmi Bikas Bank has celebrated the completion of 12 years of operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062 B.S.', 'content' => '<p style="text-align: justify;">May 12: Biratlaxmi Bikas Bank Limited has celebrated the completion of 12 years of its operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062 B.S.</p> <p style="text-align: justify;">“The bank is preparing to meet the capital requirement either by merger or any other suitable alternatives,” said Madhav Prasad Koirala, Chairman of the bank. On the occasion, the bank also provided financial assistance to three different social organizations as a part of its corporate social responsibility. The financial institution provided Rs 60,000 to Birateswor Bridha Ashram, Rs 15,000 to Purbanchal Bal Sewa Ashram and Rs 25,000 to Manakamana Sanyas Ashram.</p> <p style="text-align: justify;">The bank has also organized a blood donation program on May 10 as a part of anniversary celebration. 21 people including staffs of the bank and well wishers donated blood in the program.</p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3359', 'image' => '20160512121124_virat.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3523', 'article_category_id' => '1', 'title' => 'IMS Motors Partners with Korean SsangYong', 'sub_title' => '', 'summary' => 'May 12: IMS Group has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS Group.', 'content' => '<p style="text-align:justify">May 12: IMS Group has stepped into automobile business. The group which has been the authorised distributor of Samsung smartphones for a long time has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS Group.</p> <p style="text-align:justify"> SsangYong Motor Company is the fourth largest South Korean automobile manufacturer and has variety of model line-ups like luxury cars, SUVs, Pickup trucks, vans, trucks and buses in its product portfolio.</p> <p style="text-align:justify">According to IMS Motors, the newly opened showroom has different models of luxury cars and SUVs, including Tivoli, Korando, Rexton, Kyron and Actyon Sports. Some of the features available in Trivoli are ABS and EBD system where body frame is made out of ultra high strength steel with large boot capacity. Similarly, the Korando is featured with dual automatic a/c with active AWD lock mode system and has attractive day-time running lights and Bluetooth connectivity.</p> <p style="text-align:justify">Likewise, Rexton has seven seating arrangement with premium leather interior. It is also facilitated by three driver seat memory and impressive HID headlamps. Meanwhile, Kyron incorporates features like front dual airbags and highly reinforced ultra rigid steel frame for safety. Similarly, the SsangYong Actyon Sports comes with new sports design along with luxurious interior and durable bed liner for better protection.</p> <p style="text-align:justify">Trivoli, Korando, Rexton, Actyon sports are priced at Rs 5.37 million, Rs 7.52 million, Rs 9.97 million and Rs 5.5million respectively in the Nepali market. SsangYong has two authorised service centers located at Jwagal, Lalitpur and Ratopul, Kathmandu. IMS Motors is offering Bajaj Pulsar NS 200, Samsung Galaxy S7 Edge, Samsung 40” TV and a washing machine through scratch coupons for the first 14 ‘special’ customers.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3358', 'image' => '20160512105909_ims.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3522', 'article_category_id' => '1', 'title' => 'Aprilia Owner's Ride Concluded with Motorcycle Gymkhana', 'sub_title' => '', 'summary' => 'May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX 150.', 'content' => '<p style="text-align: justify;">May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX 150.</p> <p style="text-align: justify;">The company had also concluded motorcycle rally from the Aprilia motorcycle owners on April 30 that started from the Company's head office at Sano Gaucharan, Kathmandu. Other programs, motorcycle gymkhana and slow race were organised on the same day. Starting from Sano Gaucharan, the motorcycle gymkhana followed the path of Naxal, Putalisadak, Thapathali, Jawalakhel and ended in the Dhulikhel Motorland. Abiral Magar won the Motorcycle Gymkhana while Kanchha Dangol was the winner of Slow Race. Similarly, the final phase of the rally completed in Himalayan House Resort starting from Himalayan Motorland.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3357', 'image' => '20160512105403_appri.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3521', 'article_category_id' => '1', 'title' => ' AIM’S Informational Program Organised', 'sub_title' => '', 'summary' => ' Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program options.', 'content' => '<p style="text-align: justify;"> Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program options.</p> <p style="text-align: justify;">According to the press release by the Manila-based institute, the event was very well received, with over 100 attendees, including prospective students, AIM alumni, and guests.</p> <p style="text-align: justify;">During the event, alumni shared fond memories from their studies, as well as examples of how AIM helped them in their careers. The founder and president of Action Works Nepal (AWON) and recipient of multiple awards, including the 2014 Madan Puraskar Literary Award was also present in the event.</p> <p style="text-align: justify;"> AIM was founded in 1968 with the Harvard Business School, Asian academicians, and prominent business leaders. The Institute offers five degree programs: Master in Business Administration (both full time and executive), Master of Science in Innovation and Business, Master in Entrepreneurship, and Master in Development Management. AIM which has previously held informational events in Kathmandu informed that the May 7th event was the largest to date.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3356', 'image' => '20160511045541_newbuz.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 13 => array( 'Article' => array( 'id' => '3520', 'article_category_id' => '1', 'title' => 'Entrepreneurs Warns of Deepening Crisis in Domestic Food Industries', 'sub_title' => '', 'summary' => 'May 11: Stakeholders have shown concerns over crisis of food industries following the short sighted policies of the government. In a round table program jointly organized by Arthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and Solutions of Food Industries ’, entrepreneurs blamed the government for being reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.', 'content' => '<p style="text-align: justify;">May 11: Stakeholders have shown their concerns over the crisis in Nepali food industries following the short sighted policies of the government. In a round table program jointly organized by Aarthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and solutions of food industries ’, entrepreneurs blamed the government to have been reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.</p> <p style="text-align: justify;">“In the past food products used to be exported from Nepal but at present domestic food industries are in the danger of collapse due to excessive import,” says Pradip Kumar Kedia, President of Birjung Chamber of Commerce and Industries. According to him, despite the compulsory agricultural investment policy made by the government, the targeted aim has not been achieved due to poor implementation. “Joint effort is needed to ward off the problems in food industries,” adds Kedia.</p> <p style="text-align: justify;">“Government has not been able to be alarmed with the problems and utilization of possibilities of industry and business in Nepal,” says Madan Lamsal, Editor-in Chief of Arthik Abhiyan Dainik. Lamsal, who is also the Chairman of New Business Age, said that private sector should not only look out for the government. He suggested the entrepreneurs to boost agricultural production as it can help to reduce the existing problems.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3355', 'image' => '20160511033621_20160510081030_DSCN6621.JPG', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3519', 'article_category_id' => '1', 'title' => 'Net Profit of Nepal Bank Increases 4 folds', 'sub_title' => '', 'summary' => 'May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the bank.', 'content' => '<p style="text-align:justify">May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the bank.</p> <p style="text-align:justify">Similarly, investment of the bank has increased by 34.37 percent to Rs 17.51 billion. Meanwhile, the bank has decreased provision for possible losses by 52.63percent to Rs 186.2 million.</p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3354', 'image' => '20160511025804_nepal bank.jpg', 'article_date' => '2016-05-11 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' => '3535', 'article_category_id' => '1', 'title' => 'Janata Bank Joins NCHL-IPS System', 'sub_title' => '', 'summary' => 'May 13: Janata Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to Janata Bank. Neelesh Man Singh Pradhan, CEO of NCHL and Kumar LAmsal, CEO of Janata bank signed the agreement to this effect on May 12.', 'content' => '<p>May 13: Janata Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the bank. Neelesh Man Singh Pradhan, CEO of NCHL and Kumar LAmsal, CEO of Janata Bank signed the agreement to this effect on May 12.</p> <p>Customers can withdraw and make payments from any account of the banks and financial institutions under the NCHL-IPS system. “Under this service customers can make payments of cash, dividends, IPO refund, bills, insurance premium, social welfare allowance, pension/salary, remittance and all other types of payments,” informs the service provider in a press statement. NCHL has aimed to include financial institutions in this service as large bulk of transactions can be done easily with transparency while also reducing the associated risks. </p> ', 'published' => true, 'created' => '2016-05-13', 'modified' => '2016-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '3369', 'image' => '20160513113101_jananta.jpg', 'article_date' => '2016-05-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3534', 'article_category_id' => '1', 'title' => ' New Outlet of Toyota Used Cars ', 'sub_title' => '', 'summary' => 'May 12: United Traders Syndicate, the authorised distributor of Toyota in Nepal has opened a separate outlet, Galaxy Automobiles for its Toyota Certified Used Car Division. The Lalitpur-based outlet located at Bakhundol, will allow the customers to sell any brand of cars and also to exchange new models of Toyota cars.', 'content' => '<p style="text-align: justify;">May 12: United Traders Syndicate, the authorised distributor of Toyota in Nepal has opened a separate outlet, Galaxy Automobiles for its Toyota Certified Used Car Division. The Lalitpur-based outlet located at Bakhundol, will allow the customers to sell any brand of cars and also to exchange new models of Toyota cars.</p> <p style="text-align: justify;">Suraj Vaidya, President of Vaidya Organisation of Industries and Trading Houses inaugurated the outlet on May 9. The international standard outlet will certify cars by examining their condition, capacity and life span. The company claimed that the evaluation of vehicles will be correct as the staffs doing the evaluation are trained as per international standards. According to the company, an Exchange Fair will be organised on May 10-15 at the outlet.</p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3368', 'image' => '20160512044725_toyota.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3533', 'article_category_id' => '1', 'title' => 'BG Mall Opens in Gongabu', 'sub_title' => '', 'summary' => 'May 12: A modern shopping complex has opened in Gongabu of Kathmandu. BG Mall located at New Bus Park area has started its operation officially from May 11. Former finance minister Dr Ramsharan Mahat and Pashupati Murarka, President of Federation of Nepalese Commerce and Industry (FNCCI) jointly inaugurated the shopping mall amid a function on Wednesday. Speaking at the program, Mahat urged the government to remove policy hurdles in order to foster entrepreneurship in the country.', 'content' => '<p>May 12<strong>: </strong>A modern shopping complex has opened in Gongabu of Kathmandu. BG Mall located at New Bus Park area has started its operation officially from May 11. Former finance minister Dr Ramsharan Mahat and Pashupati Murarka, President of Federation of Nepalese Commerce and Industry (FNCCI) jointly inaugurated the shopping mall amid a function on Wednesday. Speaking at the program, Mahat urged the government to remove policy hurdles in order to foster entrepreneurship in the country.</p> <p>Similarly, Murarka stated that the opening of one shopping mall can support factories and industries along with the generation of employment. Chudamani Sharma, Director General of Internal Revenue Department hailed the opening of the Mall as the country can prosper economically with the establishment of shopping complexes.</p> <p>On the occasion, Raju Giri, Director of the complex informed that the Mall has almost all essential items including an entertainment zone. The Mall has 60 shops and showrooms of household goods, electrical items, mobile phones, apparels and cosmetics and beauty products. Similarly, the shopping mall also has restaurants, a movie theater, banks and ATM counters.</p> <p> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3367', 'image' => '20160512043925_bg.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3532', 'article_category_id' => '1', 'title' => 'Sujal Re-launches Crave Candy', 'sub_title' => '', 'summary' => 'May 12: Sujal food has launched ‘Crave Candy’ in new packaging in the market. “The candy has been launched in round shape with new packaging in the market,” informs the company. The company stated that company has drawn new wrapper in a bid to attract children with its impressive new design. The company has planned of starting advertisement campaign across the country with a new theme “Kwappai Khau Swad Ma Ramau.”', 'content' => '<p>May 12: Sujal Food has re-launched the Crave Candy in the domestic market wrapped in new packaging. Issuing a press statement, the company informed that Crave candy has been re-launched in the market with an attractive round shape wrapped in new packaging. According to the company, the new wrapper comes with dreams of the world that attracts the children. The company’s plans to start an advertisement campaign across the country with a new theme for the re-launched product. The company has decided a slogan ‘Kuppa Khaum Swaad Ma Ramau’ for the purpose.</p> <p>As per the company, Crave Candy is available in butter scotch and coffee flavors and is priced Rs 1. Sujal foods, the sister organisation of Laxmi Group, has been producing quality confectionery since 1974. </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3366', 'image' => '20160512041922_candy.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3531', 'article_category_id' => '1', 'title' => 'Net Profit of Civil Bank Increases 4%', 'sub_title' => '', 'summary' => 'May 12: Net Profit of Civil Bank has increased by 4 percent to Rs 199 million in the third quarter of current fiscal year. The bank’s operating profit has increased by 26.85 percent in the period. The bank has been able to recover Rs 100.1 million bad debt of the last year. Similarly, the bank has earned Rs 69.6 million from foreign currency exchange.', 'content' => '<p style="text-align:justify">May 12: Net Profit of Civil Bank has increased by 4 percent to Rs 199 million in the third quarter of current fiscal year. The bank’s operating profit has increased by 26.85 percent in the period. The bank has been able to recover Rs 100.1 million bad debt of the last year. Similarly, the bank has earned Rs 69.6 million from foreign currency exchange.</p> <p style="text-align:justify">Likewise, investment of the bank has increased by 3.80 percent to Rs 4.36 billion in the third quarter and reserve fund of the bank has also increased by 9 percent to Rs 404.3 million. The bank has allocated Rs 219.1 million in its provision for possible losses.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3365', 'image' => '20160512040143_CIVIL.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '3530', 'article_category_id' => '1', 'title' => 'Profit of Prime Commercial Bank Rs 709.5 Million', 'sub_title' => '', 'summary' => 'May 12: Net profit of Prime Commercial Bank has increased by 28 percent to Rs 709.5 million. Increase in net interest income by 17.41 percent, operating profit by 23.37 percent and foreign currency exchange by 49.69 percent has attributed in increase in net profit of the bank.', 'content' => '<p>May 12: Net profit of Prime Commercial Bank has increased by 28 percent to Rs 709.5 million in the third quarter of current FY. Increase in net interest income by 17.41 percent, operating profit by 23.37 percent and foreign currency exchange by 49.69 percent has attributed in increase in net profit of the bank.</p> <p>Similarly, in the third quarter of current FY reserve fund of the bank has increased by 29.77 percent, whereas, investment has decreased by 20 percent. The bank has been able to recover Rs 250.2 million bad debt of the last FY.</p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3364', 'image' => '20160512035125_PRIME.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 6 => array( 'Article' => array( 'id' => '3529', 'article_category_id' => '1', 'title' => 'Net Profit of Lumbini Bank Increases 12 %', 'sub_title' => '', 'summary' => 'May 12: Net profit of Lumbini Bank has increased by 12 percent to Rs 277.9 million in the third quarter of current fiscal year. Similarly, net interest income has increased by 10.33 percent and during the period, bank has been able to recover Rs 92.8 million bad debt of last FY.', 'content' => '<p style="text-align: justify;">May 12: Net profit of Lumbini Bank has increased by 12 percent to Rs 277.9 million in the third quarter of current fiscal year. Similarly, net interest income has increased by 10.33 percent and during the period, bank has been able to recover Rs 92.8 million bad debt of last FY.</p> <p style="text-align: justify;">The foreign exchange income of the bank has increased by 38.31 percent to Rs 49.6 million. Meanwhile, investment of the bank has decreased by 1.88 billion. Likewise, provision for possible loss has increased by 34.12 percent to Rs 147.8 million. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3363', 'image' => '20160512033210_lumbini.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3527', 'article_category_id' => '1', 'title' => 'NEPSE Logs Rs 100 Billion in Transactions in 10 Months', 'sub_title' => 'Annual transactions also broke record', 'summary' => 'May 12: Nepali share market has witnessed the highest annual transaction of all time. In only ten months period of the current FY, Nepali share market has seen the highest transaction amount in compare to previous annual transactions. “The total transaction amount till May 10 is Rs 995 million which is itself a history in annual transaction,” says a NEPSE source. The transaction amount of Rs 1.1 billion in a single day on May 11 has attributed in crossing the annual transaction amount of Rs 100 billion in 10 months period.', 'content' => '<p style="text-align: justify;">May 12: Nepali share market has witnessed highest annual transaction of all time. In only ten months of the current fiscal year, NEPSE, the benchmark index of the country’s capital market, has registered highest transaction amount compared to previous annual transactions. “The total transaction amount till May 10 is Rs 995 million which itself is a historical annual transaction amount,” informs a NEPSE source. The transaction amount of Rs 1.1 billion in a single day on May 11 has attributed to cross the annual transaction amount of Rs 100 billion in 10 months.</p> <p style="text-align: justify;">According to the annual report of NEPSE, transaction amount of Rs 65.33 billion took place in FY 2071/72. Despite being in a bullish trend, total transaction amount in the FY 2071/72 was 15 percent less than the previous FY. The report has attributed the decrease to the last year’s devastating earthquake followed by the border blockade. “Investors of all sectors are attracted towards the bull market. The numbers of liquid investors (investors who have less knowledge on investments but have sufficient money) have sharply risen,” says share analyst Dr Gopal Bhatta. According to him, investors of all kind enter share market in every country when the market follows a bullish trend. It has happened in every bullish period in Nepal too.</p> <p style="text-align: justify;">Due to the lack of investment opportunity in other sectors, low bank interest rates alongwith easy loan for share investments have strongly supported investments in share market, analysts say. Alongside the surge in the number of investors in the market, daily average share transaction amount is also increasing.</p> <p style="text-align: justify;">As per the monthly report of NEPSE, average daily transaction has increased to Rs 960 million in 2072 Chaitra from Rs 770 million in 2071 Chaitra.</p> <p style="text-align: justify;">Along with the growth in size of investment in the market, assets of investors are also growing. In the last FY, total share assets of investors was Rs 989 billion which has increased to Rs 1,596 billion by May 12, 2016. </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3361', 'image' => '20160512122349_nepse.JPG', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '3526', 'article_category_id' => '1', 'title' => ' Banks Support Blood Donation Program', 'sub_title' => '', 'summary' => 'May 12: A blood donation program has been jointly organized by two banks in Chandranigahapur, Rautahat. The program was held in the support of Everest Bank and Infrastructure Development Bank.', 'content' => '<p style="text-align: justify;">May 12: A blood donation program was jointly organised by two banks in Chandranigahapur, Rautahat. The program was supported by Everest Bank Limited and Infrastructure Development Bank.</p> <p style="text-align: justify;">Chandrodaye Saving and Credit Cooperative, Moon Bricks, Hotel Himalaya, Hariban and Chandrapur Guest House also participated in the program. The program was organised in association with the Community Service Committee and Community Police Service. Regional Communication Centre of Nepal Red Cross Society, Bharatpur provided technical support for the program. </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3360', 'image' => '20160512122048_blood.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3525', 'article_category_id' => '1', 'title' => 'Biratlaxmi in 13th Year', 'sub_title' => '', 'summary' => 'May 12: Biratlaxmi Bikas Bank has celebrated the completion of 12 years of operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062 B.S.', 'content' => '<p style="text-align: justify;">May 12: Biratlaxmi Bikas Bank Limited has celebrated the completion of 12 years of its operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062 B.S.</p> <p style="text-align: justify;">“The bank is preparing to meet the capital requirement either by merger or any other suitable alternatives,” said Madhav Prasad Koirala, Chairman of the bank. On the occasion, the bank also provided financial assistance to three different social organizations as a part of its corporate social responsibility. The financial institution provided Rs 60,000 to Birateswor Bridha Ashram, Rs 15,000 to Purbanchal Bal Sewa Ashram and Rs 25,000 to Manakamana Sanyas Ashram.</p> <p style="text-align: justify;">The bank has also organized a blood donation program on May 10 as a part of anniversary celebration. 21 people including staffs of the bank and well wishers donated blood in the program.</p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3359', 'image' => '20160512121124_virat.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3523', 'article_category_id' => '1', 'title' => 'IMS Motors Partners with Korean SsangYong', 'sub_title' => '', 'summary' => 'May 12: IMS Group has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS Group.', 'content' => '<p style="text-align:justify">May 12: IMS Group has stepped into automobile business. The group which has been the authorised distributor of Samsung smartphones for a long time has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS Group.</p> <p style="text-align:justify"> SsangYong Motor Company is the fourth largest South Korean automobile manufacturer and has variety of model line-ups like luxury cars, SUVs, Pickup trucks, vans, trucks and buses in its product portfolio.</p> <p style="text-align:justify">According to IMS Motors, the newly opened showroom has different models of luxury cars and SUVs, including Tivoli, Korando, Rexton, Kyron and Actyon Sports. Some of the features available in Trivoli are ABS and EBD system where body frame is made out of ultra high strength steel with large boot capacity. Similarly, the Korando is featured with dual automatic a/c with active AWD lock mode system and has attractive day-time running lights and Bluetooth connectivity.</p> <p style="text-align:justify">Likewise, Rexton has seven seating arrangement with premium leather interior. It is also facilitated by three driver seat memory and impressive HID headlamps. Meanwhile, Kyron incorporates features like front dual airbags and highly reinforced ultra rigid steel frame for safety. Similarly, the SsangYong Actyon Sports comes with new sports design along with luxurious interior and durable bed liner for better protection.</p> <p style="text-align:justify">Trivoli, Korando, Rexton, Actyon sports are priced at Rs 5.37 million, Rs 7.52 million, Rs 9.97 million and Rs 5.5million respectively in the Nepali market. SsangYong has two authorised service centers located at Jwagal, Lalitpur and Ratopul, Kathmandu. IMS Motors is offering Bajaj Pulsar NS 200, Samsung Galaxy S7 Edge, Samsung 40” TV and a washing machine through scratch coupons for the first 14 ‘special’ customers.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3358', 'image' => '20160512105909_ims.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3522', 'article_category_id' => '1', 'title' => 'Aprilia Owner's Ride Concluded with Motorcycle Gymkhana', 'sub_title' => '', 'summary' => 'May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX 150.', 'content' => '<p style="text-align: justify;">May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX 150.</p> <p style="text-align: justify;">The company had also concluded motorcycle rally from the Aprilia motorcycle owners on April 30 that started from the Company's head office at Sano Gaucharan, Kathmandu. Other programs, motorcycle gymkhana and slow race were organised on the same day. Starting from Sano Gaucharan, the motorcycle gymkhana followed the path of Naxal, Putalisadak, Thapathali, Jawalakhel and ended in the Dhulikhel Motorland. Abiral Magar won the Motorcycle Gymkhana while Kanchha Dangol was the winner of Slow Race. Similarly, the final phase of the rally completed in Himalayan House Resort starting from Himalayan Motorland.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3357', 'image' => '20160512105403_appri.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3521', 'article_category_id' => '1', 'title' => ' AIM’S Informational Program Organised', 'sub_title' => '', 'summary' => ' Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program options.', 'content' => '<p style="text-align: justify;"> Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program options.</p> <p style="text-align: justify;">According to the press release by the Manila-based institute, the event was very well received, with over 100 attendees, including prospective students, AIM alumni, and guests.</p> <p style="text-align: justify;">During the event, alumni shared fond memories from their studies, as well as examples of how AIM helped them in their careers. The founder and president of Action Works Nepal (AWON) and recipient of multiple awards, including the 2014 Madan Puraskar Literary Award was also present in the event.</p> <p style="text-align: justify;"> AIM was founded in 1968 with the Harvard Business School, Asian academicians, and prominent business leaders. The Institute offers five degree programs: Master in Business Administration (both full time and executive), Master of Science in Innovation and Business, Master in Entrepreneurship, and Master in Development Management. AIM which has previously held informational events in Kathmandu informed that the May 7th event was the largest to date.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3356', 'image' => '20160511045541_newbuz.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 13 => array( 'Article' => array( 'id' => '3520', 'article_category_id' => '1', 'title' => 'Entrepreneurs Warns of Deepening Crisis in Domestic Food Industries', 'sub_title' => '', 'summary' => 'May 11: Stakeholders have shown concerns over crisis of food industries following the short sighted policies of the government. In a round table program jointly organized by Arthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and Solutions of Food Industries ’, entrepreneurs blamed the government for being reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.', 'content' => '<p style="text-align: justify;">May 11: Stakeholders have shown their concerns over the crisis in Nepali food industries following the short sighted policies of the government. In a round table program jointly organized by Aarthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and solutions of food industries ’, entrepreneurs blamed the government to have been reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.</p> <p style="text-align: justify;">“In the past food products used to be exported from Nepal but at present domestic food industries are in the danger of collapse due to excessive import,” says Pradip Kumar Kedia, President of Birjung Chamber of Commerce and Industries. According to him, despite the compulsory agricultural investment policy made by the government, the targeted aim has not been achieved due to poor implementation. “Joint effort is needed to ward off the problems in food industries,” adds Kedia.</p> <p style="text-align: justify;">“Government has not been able to be alarmed with the problems and utilization of possibilities of industry and business in Nepal,” says Madan Lamsal, Editor-in Chief of Arthik Abhiyan Dainik. Lamsal, who is also the Chairman of New Business Age, said that private sector should not only look out for the government. He suggested the entrepreneurs to boost agricultural production as it can help to reduce the existing problems.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3355', 'image' => '20160511033621_20160510081030_DSCN6621.JPG', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3519', 'article_category_id' => '1', 'title' => 'Net Profit of Nepal Bank Increases 4 folds', 'sub_title' => '', 'summary' => 'May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the bank.', 'content' => '<p style="text-align:justify">May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the bank.</p> <p style="text-align:justify">Similarly, investment of the bank has increased by 34.37 percent to Rs 17.51 billion. Meanwhile, the bank has decreased provision for possible losses by 52.63percent to Rs 186.2 million.</p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3354', 'image' => '20160511025804_nepal bank.jpg', 'article_date' => '2016-05-11 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' => '3535', 'article_category_id' => '1', 'title' => 'Janata Bank Joins NCHL-IPS System', 'sub_title' => '', 'summary' => 'May 13: Janata Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to Janata Bank. Neelesh Man Singh Pradhan, CEO of NCHL and Kumar LAmsal, CEO of Janata bank signed the agreement to this effect on May 12.', 'content' => '<p>May 13: Janata Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the bank. Neelesh Man Singh Pradhan, CEO of NCHL and Kumar LAmsal, CEO of Janata Bank signed the agreement to this effect on May 12.</p> <p>Customers can withdraw and make payments from any account of the banks and financial institutions under the NCHL-IPS system. “Under this service customers can make payments of cash, dividends, IPO refund, bills, insurance premium, social welfare allowance, pension/salary, remittance and all other types of payments,” informs the service provider in a press statement. NCHL has aimed to include financial institutions in this service as large bulk of transactions can be done easily with transparency while also reducing the associated risks. </p> ', 'published' => true, 'created' => '2016-05-13', 'modified' => '2016-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '3369', 'image' => '20160513113101_jananta.jpg', 'article_date' => '2016-05-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3534', 'article_category_id' => '1', 'title' => ' New Outlet of Toyota Used Cars ', 'sub_title' => '', 'summary' => 'May 12: United Traders Syndicate, the authorised distributor of Toyota in Nepal has opened a separate outlet, Galaxy Automobiles for its Toyota Certified Used Car Division. The Lalitpur-based outlet located at Bakhundol, will allow the customers to sell any brand of cars and also to exchange new models of Toyota cars.', 'content' => '<p style="text-align: justify;">May 12: United Traders Syndicate, the authorised distributor of Toyota in Nepal has opened a separate outlet, Galaxy Automobiles for its Toyota Certified Used Car Division. The Lalitpur-based outlet located at Bakhundol, will allow the customers to sell any brand of cars and also to exchange new models of Toyota cars.</p> <p style="text-align: justify;">Suraj Vaidya, President of Vaidya Organisation of Industries and Trading Houses inaugurated the outlet on May 9. The international standard outlet will certify cars by examining their condition, capacity and life span. The company claimed that the evaluation of vehicles will be correct as the staffs doing the evaluation are trained as per international standards. According to the company, an Exchange Fair will be organised on May 10-15 at the outlet.</p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3368', 'image' => '20160512044725_toyota.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3533', 'article_category_id' => '1', 'title' => 'BG Mall Opens in Gongabu', 'sub_title' => '', 'summary' => 'May 12: A modern shopping complex has opened in Gongabu of Kathmandu. BG Mall located at New Bus Park area has started its operation officially from May 11. Former finance minister Dr Ramsharan Mahat and Pashupati Murarka, President of Federation of Nepalese Commerce and Industry (FNCCI) jointly inaugurated the shopping mall amid a function on Wednesday. Speaking at the program, Mahat urged the government to remove policy hurdles in order to foster entrepreneurship in the country.', 'content' => '<p>May 12<strong>: </strong>A modern shopping complex has opened in Gongabu of Kathmandu. BG Mall located at New Bus Park area has started its operation officially from May 11. Former finance minister Dr Ramsharan Mahat and Pashupati Murarka, President of Federation of Nepalese Commerce and Industry (FNCCI) jointly inaugurated the shopping mall amid a function on Wednesday. Speaking at the program, Mahat urged the government to remove policy hurdles in order to foster entrepreneurship in the country.</p> <p>Similarly, Murarka stated that the opening of one shopping mall can support factories and industries along with the generation of employment. Chudamani Sharma, Director General of Internal Revenue Department hailed the opening of the Mall as the country can prosper economically with the establishment of shopping complexes.</p> <p>On the occasion, Raju Giri, Director of the complex informed that the Mall has almost all essential items including an entertainment zone. The Mall has 60 shops and showrooms of household goods, electrical items, mobile phones, apparels and cosmetics and beauty products. Similarly, the shopping mall also has restaurants, a movie theater, banks and ATM counters.</p> <p> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3367', 'image' => '20160512043925_bg.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3532', 'article_category_id' => '1', 'title' => 'Sujal Re-launches Crave Candy', 'sub_title' => '', 'summary' => 'May 12: Sujal food has launched ‘Crave Candy’ in new packaging in the market. “The candy has been launched in round shape with new packaging in the market,” informs the company. The company stated that company has drawn new wrapper in a bid to attract children with its impressive new design. The company has planned of starting advertisement campaign across the country with a new theme “Kwappai Khau Swad Ma Ramau.”', 'content' => '<p>May 12: Sujal Food has re-launched the Crave Candy in the domestic market wrapped in new packaging. Issuing a press statement, the company informed that Crave candy has been re-launched in the market with an attractive round shape wrapped in new packaging. According to the company, the new wrapper comes with dreams of the world that attracts the children. The company’s plans to start an advertisement campaign across the country with a new theme for the re-launched product. The company has decided a slogan ‘Kuppa Khaum Swaad Ma Ramau’ for the purpose.</p> <p>As per the company, Crave Candy is available in butter scotch and coffee flavors and is priced Rs 1. Sujal foods, the sister organisation of Laxmi Group, has been producing quality confectionery since 1974. </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3366', 'image' => '20160512041922_candy.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3531', 'article_category_id' => '1', 'title' => 'Net Profit of Civil Bank Increases 4%', 'sub_title' => '', 'summary' => 'May 12: Net Profit of Civil Bank has increased by 4 percent to Rs 199 million in the third quarter of current fiscal year. The bank’s operating profit has increased by 26.85 percent in the period. The bank has been able to recover Rs 100.1 million bad debt of the last year. Similarly, the bank has earned Rs 69.6 million from foreign currency exchange.', 'content' => '<p style="text-align:justify">May 12: Net Profit of Civil Bank has increased by 4 percent to Rs 199 million in the third quarter of current fiscal year. The bank’s operating profit has increased by 26.85 percent in the period. The bank has been able to recover Rs 100.1 million bad debt of the last year. Similarly, the bank has earned Rs 69.6 million from foreign currency exchange.</p> <p style="text-align:justify">Likewise, investment of the bank has increased by 3.80 percent to Rs 4.36 billion in the third quarter and reserve fund of the bank has also increased by 9 percent to Rs 404.3 million. The bank has allocated Rs 219.1 million in its provision for possible losses.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3365', 'image' => '20160512040143_CIVIL.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '3530', 'article_category_id' => '1', 'title' => 'Profit of Prime Commercial Bank Rs 709.5 Million', 'sub_title' => '', 'summary' => 'May 12: Net profit of Prime Commercial Bank has increased by 28 percent to Rs 709.5 million. Increase in net interest income by 17.41 percent, operating profit by 23.37 percent and foreign currency exchange by 49.69 percent has attributed in increase in net profit of the bank.', 'content' => '<p>May 12: Net profit of Prime Commercial Bank has increased by 28 percent to Rs 709.5 million in the third quarter of current FY. Increase in net interest income by 17.41 percent, operating profit by 23.37 percent and foreign currency exchange by 49.69 percent has attributed in increase in net profit of the bank.</p> <p>Similarly, in the third quarter of current FY reserve fund of the bank has increased by 29.77 percent, whereas, investment has decreased by 20 percent. The bank has been able to recover Rs 250.2 million bad debt of the last FY.</p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3364', 'image' => '20160512035125_PRIME.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 6 => array( 'Article' => array( 'id' => '3529', 'article_category_id' => '1', 'title' => 'Net Profit of Lumbini Bank Increases 12 %', 'sub_title' => '', 'summary' => 'May 12: Net profit of Lumbini Bank has increased by 12 percent to Rs 277.9 million in the third quarter of current fiscal year. Similarly, net interest income has increased by 10.33 percent and during the period, bank has been able to recover Rs 92.8 million bad debt of last FY.', 'content' => '<p style="text-align: justify;">May 12: Net profit of Lumbini Bank has increased by 12 percent to Rs 277.9 million in the third quarter of current fiscal year. Similarly, net interest income has increased by 10.33 percent and during the period, bank has been able to recover Rs 92.8 million bad debt of last FY.</p> <p style="text-align: justify;">The foreign exchange income of the bank has increased by 38.31 percent to Rs 49.6 million. Meanwhile, investment of the bank has decreased by 1.88 billion. Likewise, provision for possible loss has increased by 34.12 percent to Rs 147.8 million. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3363', 'image' => '20160512033210_lumbini.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3527', 'article_category_id' => '1', 'title' => 'NEPSE Logs Rs 100 Billion in Transactions in 10 Months', 'sub_title' => 'Annual transactions also broke record', 'summary' => 'May 12: Nepali share market has witnessed the highest annual transaction of all time. In only ten months period of the current FY, Nepali share market has seen the highest transaction amount in compare to previous annual transactions. “The total transaction amount till May 10 is Rs 995 million which is itself a history in annual transaction,” says a NEPSE source. The transaction amount of Rs 1.1 billion in a single day on May 11 has attributed in crossing the annual transaction amount of Rs 100 billion in 10 months period.', 'content' => '<p style="text-align: justify;">May 12: Nepali share market has witnessed highest annual transaction of all time. In only ten months of the current fiscal year, NEPSE, the benchmark index of the country’s capital market, has registered highest transaction amount compared to previous annual transactions. “The total transaction amount till May 10 is Rs 995 million which itself is a historical annual transaction amount,” informs a NEPSE source. The transaction amount of Rs 1.1 billion in a single day on May 11 has attributed to cross the annual transaction amount of Rs 100 billion in 10 months.</p> <p style="text-align: justify;">According to the annual report of NEPSE, transaction amount of Rs 65.33 billion took place in FY 2071/72. Despite being in a bullish trend, total transaction amount in the FY 2071/72 was 15 percent less than the previous FY. The report has attributed the decrease to the last year’s devastating earthquake followed by the border blockade. “Investors of all sectors are attracted towards the bull market. The numbers of liquid investors (investors who have less knowledge on investments but have sufficient money) have sharply risen,” says share analyst Dr Gopal Bhatta. According to him, investors of all kind enter share market in every country when the market follows a bullish trend. It has happened in every bullish period in Nepal too.</p> <p style="text-align: justify;">Due to the lack of investment opportunity in other sectors, low bank interest rates alongwith easy loan for share investments have strongly supported investments in share market, analysts say. Alongside the surge in the number of investors in the market, daily average share transaction amount is also increasing.</p> <p style="text-align: justify;">As per the monthly report of NEPSE, average daily transaction has increased to Rs 960 million in 2072 Chaitra from Rs 770 million in 2071 Chaitra.</p> <p style="text-align: justify;">Along with the growth in size of investment in the market, assets of investors are also growing. In the last FY, total share assets of investors was Rs 989 billion which has increased to Rs 1,596 billion by May 12, 2016. </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3361', 'image' => '20160512122349_nepse.JPG', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '3526', 'article_category_id' => '1', 'title' => ' Banks Support Blood Donation Program', 'sub_title' => '', 'summary' => 'May 12: A blood donation program has been jointly organized by two banks in Chandranigahapur, Rautahat. The program was held in the support of Everest Bank and Infrastructure Development Bank.', 'content' => '<p style="text-align: justify;">May 12: A blood donation program was jointly organised by two banks in Chandranigahapur, Rautahat. The program was supported by Everest Bank Limited and Infrastructure Development Bank.</p> <p style="text-align: justify;">Chandrodaye Saving and Credit Cooperative, Moon Bricks, Hotel Himalaya, Hariban and Chandrapur Guest House also participated in the program. The program was organised in association with the Community Service Committee and Community Police Service. Regional Communication Centre of Nepal Red Cross Society, Bharatpur provided technical support for the program. </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3360', 'image' => '20160512122048_blood.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3525', 'article_category_id' => '1', 'title' => 'Biratlaxmi in 13th Year', 'sub_title' => '', 'summary' => 'May 12: Biratlaxmi Bikas Bank has celebrated the completion of 12 years of operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062 B.S.', 'content' => '<p style="text-align: justify;">May 12: Biratlaxmi Bikas Bank Limited has celebrated the completion of 12 years of its operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062 B.S.</p> <p style="text-align: justify;">“The bank is preparing to meet the capital requirement either by merger or any other suitable alternatives,” said Madhav Prasad Koirala, Chairman of the bank. On the occasion, the bank also provided financial assistance to three different social organizations as a part of its corporate social responsibility. The financial institution provided Rs 60,000 to Birateswor Bridha Ashram, Rs 15,000 to Purbanchal Bal Sewa Ashram and Rs 25,000 to Manakamana Sanyas Ashram.</p> <p style="text-align: justify;">The bank has also organized a blood donation program on May 10 as a part of anniversary celebration. 21 people including staffs of the bank and well wishers donated blood in the program.</p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3359', 'image' => '20160512121124_virat.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3523', 'article_category_id' => '1', 'title' => 'IMS Motors Partners with Korean SsangYong', 'sub_title' => '', 'summary' => 'May 12: IMS Group has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS Group.', 'content' => '<p style="text-align:justify">May 12: IMS Group has stepped into automobile business. The group which has been the authorised distributor of Samsung smartphones for a long time has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS Group.</p> <p style="text-align:justify"> SsangYong Motor Company is the fourth largest South Korean automobile manufacturer and has variety of model line-ups like luxury cars, SUVs, Pickup trucks, vans, trucks and buses in its product portfolio.</p> <p style="text-align:justify">According to IMS Motors, the newly opened showroom has different models of luxury cars and SUVs, including Tivoli, Korando, Rexton, Kyron and Actyon Sports. Some of the features available in Trivoli are ABS and EBD system where body frame is made out of ultra high strength steel with large boot capacity. Similarly, the Korando is featured with dual automatic a/c with active AWD lock mode system and has attractive day-time running lights and Bluetooth connectivity.</p> <p style="text-align:justify">Likewise, Rexton has seven seating arrangement with premium leather interior. It is also facilitated by three driver seat memory and impressive HID headlamps. Meanwhile, Kyron incorporates features like front dual airbags and highly reinforced ultra rigid steel frame for safety. Similarly, the SsangYong Actyon Sports comes with new sports design along with luxurious interior and durable bed liner for better protection.</p> <p style="text-align:justify">Trivoli, Korando, Rexton, Actyon sports are priced at Rs 5.37 million, Rs 7.52 million, Rs 9.97 million and Rs 5.5million respectively in the Nepali market. SsangYong has two authorised service centers located at Jwagal, Lalitpur and Ratopul, Kathmandu. IMS Motors is offering Bajaj Pulsar NS 200, Samsung Galaxy S7 Edge, Samsung 40” TV and a washing machine through scratch coupons for the first 14 ‘special’ customers.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3358', 'image' => '20160512105909_ims.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3522', 'article_category_id' => '1', 'title' => 'Aprilia Owner's Ride Concluded with Motorcycle Gymkhana', 'sub_title' => '', 'summary' => 'May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX 150.', 'content' => '<p style="text-align: justify;">May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX 150.</p> <p style="text-align: justify;">The company had also concluded motorcycle rally from the Aprilia motorcycle owners on April 30 that started from the Company's head office at Sano Gaucharan, Kathmandu. Other programs, motorcycle gymkhana and slow race were organised on the same day. Starting from Sano Gaucharan, the motorcycle gymkhana followed the path of Naxal, Putalisadak, Thapathali, Jawalakhel and ended in the Dhulikhel Motorland. Abiral Magar won the Motorcycle Gymkhana while Kanchha Dangol was the winner of Slow Race. Similarly, the final phase of the rally completed in Himalayan House Resort starting from Himalayan Motorland.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3357', 'image' => '20160512105403_appri.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3521', 'article_category_id' => '1', 'title' => ' AIM’S Informational Program Organised', 'sub_title' => '', 'summary' => ' Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program options.', 'content' => '<p style="text-align: justify;"> Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program options.</p> <p style="text-align: justify;">According to the press release by the Manila-based institute, the event was very well received, with over 100 attendees, including prospective students, AIM alumni, and guests.</p> <p style="text-align: justify;">During the event, alumni shared fond memories from their studies, as well as examples of how AIM helped them in their careers. The founder and president of Action Works Nepal (AWON) and recipient of multiple awards, including the 2014 Madan Puraskar Literary Award was also present in the event.</p> <p style="text-align: justify;"> AIM was founded in 1968 with the Harvard Business School, Asian academicians, and prominent business leaders. The Institute offers five degree programs: Master in Business Administration (both full time and executive), Master of Science in Innovation and Business, Master in Entrepreneurship, and Master in Development Management. AIM which has previously held informational events in Kathmandu informed that the May 7th event was the largest to date.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3356', 'image' => '20160511045541_newbuz.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 13 => array( 'Article' => array( 'id' => '3520', 'article_category_id' => '1', 'title' => 'Entrepreneurs Warns of Deepening Crisis in Domestic Food Industries', 'sub_title' => '', 'summary' => 'May 11: Stakeholders have shown concerns over crisis of food industries following the short sighted policies of the government. In a round table program jointly organized by Arthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and Solutions of Food Industries ’, entrepreneurs blamed the government for being reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.', 'content' => '<p style="text-align: justify;">May 11: Stakeholders have shown their concerns over the crisis in Nepali food industries following the short sighted policies of the government. In a round table program jointly organized by Aarthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and solutions of food industries ’, entrepreneurs blamed the government to have been reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.</p> <p style="text-align: justify;">“In the past food products used to be exported from Nepal but at present domestic food industries are in the danger of collapse due to excessive import,” says Pradip Kumar Kedia, President of Birjung Chamber of Commerce and Industries. According to him, despite the compulsory agricultural investment policy made by the government, the targeted aim has not been achieved due to poor implementation. “Joint effort is needed to ward off the problems in food industries,” adds Kedia.</p> <p style="text-align: justify;">“Government has not been able to be alarmed with the problems and utilization of possibilities of industry and business in Nepal,” says Madan Lamsal, Editor-in Chief of Arthik Abhiyan Dainik. Lamsal, who is also the Chairman of New Business Age, said that private sector should not only look out for the government. He suggested the entrepreneurs to boost agricultural production as it can help to reduce the existing problems.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3355', 'image' => '20160511033621_20160510081030_DSCN6621.JPG', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3519', 'article_category_id' => '1', 'title' => 'Net Profit of Nepal Bank Increases 4 folds', 'sub_title' => '', 'summary' => 'May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the bank.', 'content' => '<p style="text-align:justify">May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the bank.</p> <p style="text-align:justify">Similarly, investment of the bank has increased by 34.37 percent to Rs 17.51 billion. Meanwhile, the bank has decreased provision for possible losses by 52.63percent to Rs 186.2 million.</p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3354', 'image' => '20160511025804_nepal bank.jpg', 'article_date' => '2016-05-11 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
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 133]file not found!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' => '3535', 'article_category_id' => '1', 'title' => 'Janata Bank Joins NCHL-IPS System', 'sub_title' => '', 'summary' => 'May 13: Janata Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to Janata Bank. Neelesh Man Singh Pradhan, CEO of NCHL and Kumar LAmsal, CEO of Janata bank signed the agreement to this effect on May 12.', 'content' => '<p>May 13: Janata Bank has signed Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to the bank. Neelesh Man Singh Pradhan, CEO of NCHL and Kumar LAmsal, CEO of Janata Bank signed the agreement to this effect on May 12.</p> <p>Customers can withdraw and make payments from any account of the banks and financial institutions under the NCHL-IPS system. “Under this service customers can make payments of cash, dividends, IPO refund, bills, insurance premium, social welfare allowance, pension/salary, remittance and all other types of payments,” informs the service provider in a press statement. NCHL has aimed to include financial institutions in this service as large bulk of transactions can be done easily with transparency while also reducing the associated risks. </p> ', 'published' => true, 'created' => '2016-05-13', 'modified' => '2016-05-13', 'keywords' => '', 'description' => '', 'sortorder' => '3369', 'image' => '20160513113101_jananta.jpg', 'article_date' => '2016-05-13 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3534', 'article_category_id' => '1', 'title' => ' New Outlet of Toyota Used Cars ', 'sub_title' => '', 'summary' => 'May 12: United Traders Syndicate, the authorised distributor of Toyota in Nepal has opened a separate outlet, Galaxy Automobiles for its Toyota Certified Used Car Division. The Lalitpur-based outlet located at Bakhundol, will allow the customers to sell any brand of cars and also to exchange new models of Toyota cars.', 'content' => '<p style="text-align: justify;">May 12: United Traders Syndicate, the authorised distributor of Toyota in Nepal has opened a separate outlet, Galaxy Automobiles for its Toyota Certified Used Car Division. The Lalitpur-based outlet located at Bakhundol, will allow the customers to sell any brand of cars and also to exchange new models of Toyota cars.</p> <p style="text-align: justify;">Suraj Vaidya, President of Vaidya Organisation of Industries and Trading Houses inaugurated the outlet on May 9. The international standard outlet will certify cars by examining their condition, capacity and life span. The company claimed that the evaluation of vehicles will be correct as the staffs doing the evaluation are trained as per international standards. According to the company, an Exchange Fair will be organised on May 10-15 at the outlet.</p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3368', 'image' => '20160512044725_toyota.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3533', 'article_category_id' => '1', 'title' => 'BG Mall Opens in Gongabu', 'sub_title' => '', 'summary' => 'May 12: A modern shopping complex has opened in Gongabu of Kathmandu. BG Mall located at New Bus Park area has started its operation officially from May 11. Former finance minister Dr Ramsharan Mahat and Pashupati Murarka, President of Federation of Nepalese Commerce and Industry (FNCCI) jointly inaugurated the shopping mall amid a function on Wednesday. Speaking at the program, Mahat urged the government to remove policy hurdles in order to foster entrepreneurship in the country.', 'content' => '<p>May 12<strong>: </strong>A modern shopping complex has opened in Gongabu of Kathmandu. BG Mall located at New Bus Park area has started its operation officially from May 11. Former finance minister Dr Ramsharan Mahat and Pashupati Murarka, President of Federation of Nepalese Commerce and Industry (FNCCI) jointly inaugurated the shopping mall amid a function on Wednesday. Speaking at the program, Mahat urged the government to remove policy hurdles in order to foster entrepreneurship in the country.</p> <p>Similarly, Murarka stated that the opening of one shopping mall can support factories and industries along with the generation of employment. Chudamani Sharma, Director General of Internal Revenue Department hailed the opening of the Mall as the country can prosper economically with the establishment of shopping complexes.</p> <p>On the occasion, Raju Giri, Director of the complex informed that the Mall has almost all essential items including an entertainment zone. The Mall has 60 shops and showrooms of household goods, electrical items, mobile phones, apparels and cosmetics and beauty products. Similarly, the shopping mall also has restaurants, a movie theater, banks and ATM counters.</p> <p> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3367', 'image' => '20160512043925_bg.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3532', 'article_category_id' => '1', 'title' => 'Sujal Re-launches Crave Candy', 'sub_title' => '', 'summary' => 'May 12: Sujal food has launched ‘Crave Candy’ in new packaging in the market. “The candy has been launched in round shape with new packaging in the market,” informs the company. The company stated that company has drawn new wrapper in a bid to attract children with its impressive new design. The company has planned of starting advertisement campaign across the country with a new theme “Kwappai Khau Swad Ma Ramau.”', 'content' => '<p>May 12: Sujal Food has re-launched the Crave Candy in the domestic market wrapped in new packaging. Issuing a press statement, the company informed that Crave candy has been re-launched in the market with an attractive round shape wrapped in new packaging. According to the company, the new wrapper comes with dreams of the world that attracts the children. The company’s plans to start an advertisement campaign across the country with a new theme for the re-launched product. The company has decided a slogan ‘Kuppa Khaum Swaad Ma Ramau’ for the purpose.</p> <p>As per the company, Crave Candy is available in butter scotch and coffee flavors and is priced Rs 1. Sujal foods, the sister organisation of Laxmi Group, has been producing quality confectionery since 1974. </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3366', 'image' => '20160512041922_candy.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3531', 'article_category_id' => '1', 'title' => 'Net Profit of Civil Bank Increases 4%', 'sub_title' => '', 'summary' => 'May 12: Net Profit of Civil Bank has increased by 4 percent to Rs 199 million in the third quarter of current fiscal year. The bank’s operating profit has increased by 26.85 percent in the period. The bank has been able to recover Rs 100.1 million bad debt of the last year. Similarly, the bank has earned Rs 69.6 million from foreign currency exchange.', 'content' => '<p style="text-align:justify">May 12: Net Profit of Civil Bank has increased by 4 percent to Rs 199 million in the third quarter of current fiscal year. The bank’s operating profit has increased by 26.85 percent in the period. The bank has been able to recover Rs 100.1 million bad debt of the last year. Similarly, the bank has earned Rs 69.6 million from foreign currency exchange.</p> <p style="text-align:justify">Likewise, investment of the bank has increased by 3.80 percent to Rs 4.36 billion in the third quarter and reserve fund of the bank has also increased by 9 percent to Rs 404.3 million. The bank has allocated Rs 219.1 million in its provision for possible losses.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3365', 'image' => '20160512040143_CIVIL.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '3530', 'article_category_id' => '1', 'title' => 'Profit of Prime Commercial Bank Rs 709.5 Million', 'sub_title' => '', 'summary' => 'May 12: Net profit of Prime Commercial Bank has increased by 28 percent to Rs 709.5 million. Increase in net interest income by 17.41 percent, operating profit by 23.37 percent and foreign currency exchange by 49.69 percent has attributed in increase in net profit of the bank.', 'content' => '<p>May 12: Net profit of Prime Commercial Bank has increased by 28 percent to Rs 709.5 million in the third quarter of current FY. Increase in net interest income by 17.41 percent, operating profit by 23.37 percent and foreign currency exchange by 49.69 percent has attributed in increase in net profit of the bank.</p> <p>Similarly, in the third quarter of current FY reserve fund of the bank has increased by 29.77 percent, whereas, investment has decreased by 20 percent. The bank has been able to recover Rs 250.2 million bad debt of the last FY.</p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3364', 'image' => '20160512035125_PRIME.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 6 => array( 'Article' => array( 'id' => '3529', 'article_category_id' => '1', 'title' => 'Net Profit of Lumbini Bank Increases 12 %', 'sub_title' => '', 'summary' => 'May 12: Net profit of Lumbini Bank has increased by 12 percent to Rs 277.9 million in the third quarter of current fiscal year. Similarly, net interest income has increased by 10.33 percent and during the period, bank has been able to recover Rs 92.8 million bad debt of last FY.', 'content' => '<p style="text-align: justify;">May 12: Net profit of Lumbini Bank has increased by 12 percent to Rs 277.9 million in the third quarter of current fiscal year. Similarly, net interest income has increased by 10.33 percent and during the period, bank has been able to recover Rs 92.8 million bad debt of last FY.</p> <p style="text-align: justify;">The foreign exchange income of the bank has increased by 38.31 percent to Rs 49.6 million. Meanwhile, investment of the bank has decreased by 1.88 billion. Likewise, provision for possible loss has increased by 34.12 percent to Rs 147.8 million. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3363', 'image' => '20160512033210_lumbini.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3527', 'article_category_id' => '1', 'title' => 'NEPSE Logs Rs 100 Billion in Transactions in 10 Months', 'sub_title' => 'Annual transactions also broke record', 'summary' => 'May 12: Nepali share market has witnessed the highest annual transaction of all time. In only ten months period of the current FY, Nepali share market has seen the highest transaction amount in compare to previous annual transactions. “The total transaction amount till May 10 is Rs 995 million which is itself a history in annual transaction,” says a NEPSE source. The transaction amount of Rs 1.1 billion in a single day on May 11 has attributed in crossing the annual transaction amount of Rs 100 billion in 10 months period.', 'content' => '<p style="text-align: justify;">May 12: Nepali share market has witnessed highest annual transaction of all time. In only ten months of the current fiscal year, NEPSE, the benchmark index of the country’s capital market, has registered highest transaction amount compared to previous annual transactions. “The total transaction amount till May 10 is Rs 995 million which itself is a historical annual transaction amount,” informs a NEPSE source. The transaction amount of Rs 1.1 billion in a single day on May 11 has attributed to cross the annual transaction amount of Rs 100 billion in 10 months.</p> <p style="text-align: justify;">According to the annual report of NEPSE, transaction amount of Rs 65.33 billion took place in FY 2071/72. Despite being in a bullish trend, total transaction amount in the FY 2071/72 was 15 percent less than the previous FY. The report has attributed the decrease to the last year’s devastating earthquake followed by the border blockade. “Investors of all sectors are attracted towards the bull market. The numbers of liquid investors (investors who have less knowledge on investments but have sufficient money) have sharply risen,” says share analyst Dr Gopal Bhatta. According to him, investors of all kind enter share market in every country when the market follows a bullish trend. It has happened in every bullish period in Nepal too.</p> <p style="text-align: justify;">Due to the lack of investment opportunity in other sectors, low bank interest rates alongwith easy loan for share investments have strongly supported investments in share market, analysts say. Alongside the surge in the number of investors in the market, daily average share transaction amount is also increasing.</p> <p style="text-align: justify;">As per the monthly report of NEPSE, average daily transaction has increased to Rs 960 million in 2072 Chaitra from Rs 770 million in 2071 Chaitra.</p> <p style="text-align: justify;">Along with the growth in size of investment in the market, assets of investors are also growing. In the last FY, total share assets of investors was Rs 989 billion which has increased to Rs 1,596 billion by May 12, 2016. </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3361', 'image' => '20160512122349_nepse.JPG', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '3526', 'article_category_id' => '1', 'title' => ' Banks Support Blood Donation Program', 'sub_title' => '', 'summary' => 'May 12: A blood donation program has been jointly organized by two banks in Chandranigahapur, Rautahat. The program was held in the support of Everest Bank and Infrastructure Development Bank.', 'content' => '<p style="text-align: justify;">May 12: A blood donation program was jointly organised by two banks in Chandranigahapur, Rautahat. The program was supported by Everest Bank Limited and Infrastructure Development Bank.</p> <p style="text-align: justify;">Chandrodaye Saving and Credit Cooperative, Moon Bricks, Hotel Himalaya, Hariban and Chandrapur Guest House also participated in the program. The program was organised in association with the Community Service Committee and Community Police Service. Regional Communication Centre of Nepal Red Cross Society, Bharatpur provided technical support for the program. </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3360', 'image' => '20160512122048_blood.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3525', 'article_category_id' => '1', 'title' => 'Biratlaxmi in 13th Year', 'sub_title' => '', 'summary' => 'May 12: Biratlaxmi Bikas Bank has celebrated the completion of 12 years of operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062 B.S.', 'content' => '<p style="text-align: justify;">May 12: Biratlaxmi Bikas Bank Limited has celebrated the completion of 12 years of its operation amid a program held on May 10. The bank was established as the first development bank in eastern development region on 2062 B.S.</p> <p style="text-align: justify;">“The bank is preparing to meet the capital requirement either by merger or any other suitable alternatives,” said Madhav Prasad Koirala, Chairman of the bank. On the occasion, the bank also provided financial assistance to three different social organizations as a part of its corporate social responsibility. The financial institution provided Rs 60,000 to Birateswor Bridha Ashram, Rs 15,000 to Purbanchal Bal Sewa Ashram and Rs 25,000 to Manakamana Sanyas Ashram.</p> <p style="text-align: justify;">The bank has also organized a blood donation program on May 10 as a part of anniversary celebration. 21 people including staffs of the bank and well wishers donated blood in the program.</p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3359', 'image' => '20160512121124_virat.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3523', 'article_category_id' => '1', 'title' => 'IMS Motors Partners with Korean SsangYong', 'sub_title' => '', 'summary' => 'May 12: IMS Group has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS Group.', 'content' => '<p style="text-align:justify">May 12: IMS Group has stepped into automobile business. The group which has been the authorised distributor of Samsung smartphones for a long time has acquired the distribution of SsangYong vehicles for Nepal. The Group launched IMS Motors and unveiled the luxury Korean vehicles brand on May 11 amid a program organised in SsangYong showroom located at Uttardhoka, Kathmandu. The showroom was jointly inaugurated by Deepak Malhotra, Chairman of IMS Group and Dikesh Malhotra, President and CEO of IMS Group.</p> <p style="text-align:justify"> SsangYong Motor Company is the fourth largest South Korean automobile manufacturer and has variety of model line-ups like luxury cars, SUVs, Pickup trucks, vans, trucks and buses in its product portfolio.</p> <p style="text-align:justify">According to IMS Motors, the newly opened showroom has different models of luxury cars and SUVs, including Tivoli, Korando, Rexton, Kyron and Actyon Sports. Some of the features available in Trivoli are ABS and EBD system where body frame is made out of ultra high strength steel with large boot capacity. Similarly, the Korando is featured with dual automatic a/c with active AWD lock mode system and has attractive day-time running lights and Bluetooth connectivity.</p> <p style="text-align:justify">Likewise, Rexton has seven seating arrangement with premium leather interior. It is also facilitated by three driver seat memory and impressive HID headlamps. Meanwhile, Kyron incorporates features like front dual airbags and highly reinforced ultra rigid steel frame for safety. Similarly, the SsangYong Actyon Sports comes with new sports design along with luxurious interior and durable bed liner for better protection.</p> <p style="text-align:justify">Trivoli, Korando, Rexton, Actyon sports are priced at Rs 5.37 million, Rs 7.52 million, Rs 9.97 million and Rs 5.5million respectively in the Nepali market. SsangYong has two authorised service centers located at Jwagal, Lalitpur and Ratopul, Kathmandu. IMS Motors is offering Bajaj Pulsar NS 200, Samsung Galaxy S7 Edge, Samsung 40” TV and a washing machine through scratch coupons for the first 14 ‘special’ customers.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3358', 'image' => '20160512105909_ims.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3522', 'article_category_id' => '1', 'title' => 'Aprilia Owner's Ride Concluded with Motorcycle Gymkhana', 'sub_title' => '', 'summary' => 'May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX 150.', 'content' => '<p style="text-align: justify;">May 12: J&J International, Nepal's authorized distributor of Aprilia and Nepal Motorcycling Association had jointly concluded the Aprilia owners ride. The ride was organized as a result of the positive feedback from the riders of Aprilia ETX 150 and STX 150.</p> <p style="text-align: justify;">The company had also concluded motorcycle rally from the Aprilia motorcycle owners on April 30 that started from the Company's head office at Sano Gaucharan, Kathmandu. Other programs, motorcycle gymkhana and slow race were organised on the same day. Starting from Sano Gaucharan, the motorcycle gymkhana followed the path of Naxal, Putalisadak, Thapathali, Jawalakhel and ended in the Dhulikhel Motorland. Abiral Magar won the Motorcycle Gymkhana while Kanchha Dangol was the winner of Slow Race. Similarly, the final phase of the rally completed in Himalayan House Resort starting from Himalayan Motorland.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-12', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3357', 'image' => '20160512105403_appri.jpg', 'article_date' => '2016-05-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3521', 'article_category_id' => '1', 'title' => ' AIM’S Informational Program Organised', 'sub_title' => '', 'summary' => ' Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program options.', 'content' => '<p style="text-align: justify;"> Asian Institute of Management (AIM) has held an informational program in Nepal. The event was organised at Hotel Annapurna, Kathmandu on May 7. AIM's Executive Managing Director of Recruitment and Admissions, Andy Chen, provided an introduction to the school and overview of the various program options.</p> <p style="text-align: justify;">According to the press release by the Manila-based institute, the event was very well received, with over 100 attendees, including prospective students, AIM alumni, and guests.</p> <p style="text-align: justify;">During the event, alumni shared fond memories from their studies, as well as examples of how AIM helped them in their careers. The founder and president of Action Works Nepal (AWON) and recipient of multiple awards, including the 2014 Madan Puraskar Literary Award was also present in the event.</p> <p style="text-align: justify;"> AIM was founded in 1968 with the Harvard Business School, Asian academicians, and prominent business leaders. The Institute offers five degree programs: Master in Business Administration (both full time and executive), Master of Science in Innovation and Business, Master in Entrepreneurship, and Master in Development Management. AIM which has previously held informational events in Kathmandu informed that the May 7th event was the largest to date.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3356', 'image' => '20160511045541_newbuz.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 13 => array( 'Article' => array( 'id' => '3520', 'article_category_id' => '1', 'title' => 'Entrepreneurs Warns of Deepening Crisis in Domestic Food Industries', 'sub_title' => '', 'summary' => 'May 11: Stakeholders have shown concerns over crisis of food industries following the short sighted policies of the government. In a round table program jointly organized by Arthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and Solutions of Food Industries ’, entrepreneurs blamed the government for being reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.', 'content' => '<p style="text-align: justify;">May 11: Stakeholders have shown their concerns over the crisis in Nepali food industries following the short sighted policies of the government. In a round table program jointly organized by Aarthik Abhiyan Dainik and Birjung Chamber of Commerce and Industries on ‘Problems and solutions of food industries ’, entrepreneurs blamed the government to have been reluctant in the preservation of domestic industries. According to them, maximum number of food industries is in the verge of collapse due to the lack of proper industrial policies. “If the proper policies are not adopted for the protection of the industries in time, billions of investment of those industries will dissolve,” warned entrepreneurs.</p> <p style="text-align: justify;">“In the past food products used to be exported from Nepal but at present domestic food industries are in the danger of collapse due to excessive import,” says Pradip Kumar Kedia, President of Birjung Chamber of Commerce and Industries. According to him, despite the compulsory agricultural investment policy made by the government, the targeted aim has not been achieved due to poor implementation. “Joint effort is needed to ward off the problems in food industries,” adds Kedia.</p> <p style="text-align: justify;">“Government has not been able to be alarmed with the problems and utilization of possibilities of industry and business in Nepal,” says Madan Lamsal, Editor-in Chief of Arthik Abhiyan Dainik. Lamsal, who is also the Chairman of New Business Age, said that private sector should not only look out for the government. He suggested the entrepreneurs to boost agricultural production as it can help to reduce the existing problems.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-12', 'keywords' => '', 'description' => '', 'sortorder' => '3355', 'image' => '20160511033621_20160510081030_DSCN6621.JPG', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3519', 'article_category_id' => '1', 'title' => 'Net Profit of Nepal Bank Increases 4 folds', 'sub_title' => '', 'summary' => 'May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the bank.', 'content' => '<p style="text-align:justify">May 11: Net profit of Nepal Bank has increased by 4 fold to Rs 1.64 billion in the third quarter of current fiscal year. Increase in net interest income by 32 percent and recovery of Rs 410 million bad debt of previous fiscal year has attributed growth in net profit of the bank.</p> <p style="text-align:justify">Similarly, investment of the bank has increased by 34.37 percent to Rs 17.51 billion. Meanwhile, the bank has decreased provision for possible losses by 52.63percent to Rs 186.2 million.</p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3354', 'image' => '20160511025804_nepal bank.jpg', 'article_date' => '2016-05-11 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
