May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of…
May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of…
May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector. Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs Kamal Thapa and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa.…
May 11: Carlsberg has announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in…
May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three…
May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as…
May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to…
May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on…
May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning of formatting the programs for coming fiscal year in provincial basis. “Programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “Programs are needed to centralise instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation.…
May 10: The 13th Handicraft Trade Fair and the 11th Competitive Handicraft Exhibition concluded on Monday. According to the organiser, Federation of Handicraft Association of Nepal (FAHN), transactions worth Rs 65 million took place in the five-day event that started on Thursday, May 5. Pashmina, metal and wooden artifacts, silver jewelries, handmade paper goods, woolen items, leather clothes and Thangka were displayed in the…
May 10: Laxmi Bank has started its new branch in Amargadhi, Dadeldhura on May 9. After the opening, the number of branches of the bank has reached 50 while the bank has two extended counters and 65 ATMs. “The bank has aimed to open more branches in the coming days,” informs the bank in a press statement. The bank has been providing any branch, internet and mobile banking services to its customers. According to the bank, it has focused especially on the small commercial loans and commercial agricultural…
May 10: Nepal Certifying Company (NCC) has completed an agreement with NIC Asia Bank to provide Digital Signature Certificate (DSC). The agreement has listed NIC bank in the list of financial institutions providing DSC service. NIC Asia is one of the few banks that run on the principle of paperless business automation. “The availability of DSC service will help the bank to provide daily services fully paperless as well as reliable services to the customers,” informs the bank in a press statement. “It is our pleasure to provide DSC to one of the nationally reputed bank,” says Biplav Man Singh, Chairman of NCC, adding, “The agreement will strengthen our plan of implementing DSC across the…
May 10: Prabhu Money Transfer and Nepal Sewa Microfinance Finance Ltd has finalise a remittance agreement. Rameshwor Sapkota, Deputy General Manager of Prabhu Money Transfer and Subin Kaji Shrestha, Acting Executive Chief of Nepal Sewa Microfinance has signed the agreement on behalf of their respective…
May 9: Nepal The Collection Pvt Ltd is going to participate in the international expo to be held in Affordable Shopping Destination (ASD) Market, Las Vegas. The company has already appeared in three previous editions of the…
May 9: Jagdamba Cement has organised a “Consumer Oriented Training and Meet” to provide the technical knowledge needed for construction of safe and long-lasting structures for its consumers at Boudha Chabahil on May 8. The company informs in its press release that Jagdamba Cement’s veteran technician Sunil Paudel provided the training to over 150 masons and contractors in the specialized training program. “Jagdamba cement, with its vast network, consistency and quality products has been conducting this kind of training to educate its customers with the proper and scientific way of using their product. The company will be organizing similar events across the country for engineers and construction companies too in the future,” says Mr. Roshan Pathak coordinator and sales manager of the…
May 9: San Miguel beer is organizing a summer pool party titled "San Miguel Luscious Wet Destination" on Saturday, 14 May, at Hotel Shahanshah. San Miguel has been carrying the thematic of "Halka Ramailo-awastha", a campaign that targets towards friendship and togetherness. To go along with the essence of friendship in the summer time, San Miguel has been organising pool parties where friends come together and enjoy to their fullest. As per the press statement, the program will feature singers Sugam Pokharel and Nawaj Ansari as Showstoppers along with artists like DJ Rupesh, Azen, Freestyle Brodaz, and DJ…
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '3518', 'article_category_id' => '1', 'title' => 'Share Allocation of Mero Microfinance', 'sub_title' => '', 'summary' => 'May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of shares.', 'content' => '<p style="text-align: justify;">May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of shares.</p> <p style="text-align: justify;"> Investors applying for 50-500 units of shares are considered small investors. Similarly, investors applying for 501 to 2300 units of shares are considered medium investors and for 2320-10,000 units of shares are considered big investors. Mero Microfinance had received 206 times more application on its call for share applicaiton. Big investors have got minimum of 10 units to 41 units of shares. Whereas, those investors applying for more than 2320 have received 10 shares.</p> <p style="text-align: justify;">Earlier, the microfinance had floated 612,000 units of shares worth of Rs 61.2 million on which application was received for 120 million shares worth Rs 12.83 billion. Among the 612,000 units, 45,000 have been allocated for 6 mutual funds and employees of the company. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3353', 'image' => '20160511020325_mero.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3517', 'article_category_id' => '1', 'title' => 'UAE Ready to Invest in Nepal', 'sub_title' => '', 'summary' => 'May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector. Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs Kamal Thapa and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa. ', 'content' => '<p style="text-align:justify">May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector.</p> <p style="text-align:justify">Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa. </p> <p style="text-align:justify">On the occasion, Al Nahyan hailed the opening of the Embassy as a milestone in the relationship between the two countries. Similarly, he expressed his confidence on the ease of visa procedures for Nepalis after the establishment of the embassy.</p> <p style="text-align:justify">DPM Thapa stated that the opening of the embassy indicated the importance given by UAE to Nepal. Thapa praised UAE’s contributions in relief and recovery operations after last year’s earthquake. </p> <p style="text-align:justify">On Tuesday, Al Nahyan held a meeting with his counterpart Thapa in a hotel in Kathmandu. He also made etiquette meetings with President Bidhya Devi Bhandari and Prime Minister KP Sharma Oli. With the opening of the embassy, UAE has appointed Sahid Hamanan Al Nakwi as the Ambassador to Nepal. Al Nakwi has yet to present his credentials to the President.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3352', 'image' => '20160511015329_UAE inagurate.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3516', 'article_category_id' => '1', 'title' => 'Carlsberg Announces Winners of “Live It LIVE!”', 'sub_title' => '', 'summary' => 'May 11: Carlsberg has announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in France.', 'content' => '<p>May 11: Carlsberg announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. “Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in France,” says the company in a press statement. </p> <p>Out of thousands of coupons, one lucky consumer and 10 lucky trade partners were announced as the winners. According to the company, the winning consumer will travel to France to watch Italy vs Sweden live on June 17.”The winner will present the Carlsberg Man of the Match Award and get to enjoy UEFA club hospitality. The winner will also get a chance to take along one of his/her friends to the trip,” informs the company. </p> <p>The company added that trade partners will get the opportunity to watch Iceland vs Austria match live on June 22. One of the trade partners among the 10 trade partners will also get a chance to give away Carlsberg Man of the Match Award.</p> <p>The two-month long campaign commenced in March and was activated in around three thousand outlets across Nepal. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3351', 'image' => '20160511124551_carl.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3515', 'article_category_id' => '1', 'title' => 'Janata Bank Starts Branchless Banking Services in Darchula', 'sub_title' => '', 'summary' => 'May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three years.', 'content' => '<p style="text-align: justify;">May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three years.</p> <p style="text-align: justify;">As per the press release of the bank, the services has been started to end the hardship of local people in getting banking services. The branchless banking service will enable locals in getting secure and convenient banking services within their locality. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3350', 'image' => '20160511124138_darchula.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3514', 'article_category_id' => '1', 'title' => 'Ncell Aims to become Highest Tax Payer', 'sub_title' => '', 'summary' => 'May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as well.', 'content' => '<p style="text-align: justify;">May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as well.</p> <p style="text-align: justify;">“As of May 4, Ncell has contributed Rs 128.63 billion to the government,” said Simon Perkins, Managing Director of Ncell. Ncell is the highest taxpayer in Nepal and has contributed steadily to government coffers for FY 2012-13 and FY 2013-14. “In 2014-15 alone, Ncell paid more than NPR 28.6 Billion to the government as tax, royalty and fees,” he mentioned.</p> <p style="text-align: justify;">According to the company, In order to maintain the lead and take the company to the next level, Ncell has announced its largest ever capital expenditure spend of Rs 12 billion for the remainder of 2016, aiming to expand 3G aggressively in rural and remote areas and also to enhance quality in areas where it is already present.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3349', 'image' => '20160511122708_ncell.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '3513', 'article_category_id' => '1', 'title' => 'National Hydro to Pay TDS', 'sub_title' => '', 'summary' => 'May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to 2068/69.', 'content' => '<p style="text-align: justify;">May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to 2068/69.</p> <p style="text-align: justify;">According to Rajaure, while requesting for tax revaluation earlier, collateral of Rs 10 million has already been kept. Therefore, in final report company expects reduction of Rs 10 million tax liabilities in total liabilities. In such circumstances, company expects tax reduction of Rs 20 million, thus, the remaining Rs 20 million taxes payable will be paid in instalments. Meanwhile, Rajaure clarifies that the loan amount of Rs 160 million taken from Nabil Bank has already been paid.</p> <p style="text-align: justify;">Likewise, Rajaure explains of not having any problem in repayment of loan taken to construct Lower Indrawati Hydropower Project by subsidiary company Sunkoshi Hydro. According to him, loan amount of Rs 200 million have been taken for construction of Indrawati Hydropower in guarantee of National Hydropower. He clarifies that the project do not have any trouble repaying the loan as it has Rs 470 million worth of assets including constructed infrastructure.</p> <p style="text-align: justify;">“Even if the registration of the company is cancelled, assets belong to us. New investor will have to pay for the assets. If we get the chance to build the project, we will repay the loan by income generated through electricity sales,” says Rajaure. The company informs of constructing other projects under investment of National Hydro. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3348', 'image' => '20160511115808_national.JPG', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '3512', 'article_category_id' => '1', 'title' => 'Ncell Announces Company’s Largest Capex Investment', 'sub_title' => '', 'summary' => 'May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.', 'content' => '<p style="text-align: justify;">May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.</p> <p style="text-align: justify;">“We will be investing around USD 120 million for the remainder of 2016. We will focus the investment in Nepal where it matters – building telecommunications infrastructure for better network and quality coverage, in our aim to serve the people of Nepal for the longer-term,” says Simon Perkins, Managing Director of Ncell.</p> <p style="text-align: justify;">Under the investment plan, Ncell will be expanding its network in remote and rural areas. “It will aim to bolster connectivity and create opportunities for underserved communities in those regions, aside from enhancing network capacity in cities to deliver high-speed internet,” mentions the company.</p> <p style="text-align: justify;">According to NCell MD Perkins, the company will aggressively deploy 3G technology in rural and remote areas. “Our plans are to set-up and establish 218 new sites to reach out to new towns and village development committees this year,” he informs, adding, “214 new sites will be built to address coverage gaps in regions where Ncell is also present. Ncell presently has quality 3G connectivity in 63 districts.”</p> <p style="text-align: justify;">Ncell will spend a sizable amount of investment in building earthquake resistant data centres in Kathmandu Valley. Ncell presently has data centres in Kathmandu, Pokhara, Hetauda and Biratnagar, of which data centres in Pokhara and Hetauda are containerized, and able to withstand high magnitude of earthquake and fire, enabling operations to be activated within an hour, even in worst-case scenarios.</p> <p style="text-align: justify;">“We are focused on building a robust network throughout the country,” Perkins mentioned, adding, “We will work closely with the regulator and the government to fulfil national goals to benefit Nepalese through the use of technology that can bring immediate and impactful results in education, health and mobile financial services.”</p> <p style="text-align: justify;">As per the company, Ncell is also eager to launch 4G services and has requested permission to provide 4G services in the country.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3347', 'image' => '20160510052025_ncell.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3511', 'article_category_id' => '1', 'title' => 'Agricultural Programs in Provincial Basis', 'sub_title' => 'Integrated Programs for Self Sufficiency of Food and Livestock Production', 'summary' => 'May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning of formatting the programs for coming fiscal year in provincial basis. “Programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “Programs are needed to centralise instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation. ', 'content' => '<p style="text-align:justify">May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning to formulate programs of coming fiscal year in provincial basis. “The programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “The programs need to be centralised instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation. </p> <p style="text-align:justify">In the policy and program, issue on self-sufficiency of nation through food and livestock production also acquired an important space. The policy and program also includes issues of food security, commercialisation of agriculture for employment generation within the nation and transformation of agriculture and increase in investment for modernisation and mechanisation of agriculture. In order to achieve the target, it is said that change oriented programs as per geography and environment will be brought based on comparative and competitive benefits. Similarly, programs will be launched to mark coming decade as ‘fruit decade’. Likewise, special programs will be launched by assigning pocket areas for production of foodstuffs, fruits, vegetable and herbs.</p> <p style="text-align:justify"><br /> Similarly, the programs will be centralised in which high mountainous regions will prioritise in production of fruits such as walnuts, apple and olive as well as herbs. Likewise, mid-mountainous regions will focus on production of orange, lemon, Asian pear, tea-coffee, turmeric, ginger and food crops. In the same way, food crops like rice, wheat, maize will be prioritise in tarai regions.</p> <p style="text-align:justify">The government policy encourages mechanisation of agriculture for development of collective and cooperative agriculture. The government plans to provide required agriculture technical services for the implementation of major strategies and programs under 20-years agricultural development strategies. The program and policy also include establishment of social security fund along with farmers’ participation that will covers all farmers.</p> <p style="text-align:justify">The government is also planning to provide subsidised loan in livestock farming to attract youths in agriculture and generate employment and income. Agriculture subsidy will be provided based on task performance and productivity. The government will stress on collective program including establishment of resource centre in each province and construction of Haat bazaars and modern animal slaughter. The program also highlights on broadcasting of agricultural information through mobile phones.</p> <p style="text-align:justify">The government has aimed of ensuring fertilisers, seeds, irrigation, technology and market for agricultural products. The government has planned of expanding accessibility to farmers in agricultural loans and insurance of crops and livestock. The government has also planned to coordinate with cooperatives and private sector for economic and social empowerment of small farmers.</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3346', 'image' => '20160510043008_ministry-of-agriculture.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '3510', 'article_category_id' => '1', 'title' => 'Handicraft Trade Fair Concluded', 'sub_title' => '', 'summary' => 'May 10: The 13th Handicraft Trade Fair and the 11th Competitive Handicraft Exhibition concluded on Monday. According to the organiser, Federation of Handicraft Association of Nepal (FAHN), transactions worth Rs 65 million took place in the five-day event that started on Thursday, May 5. Pashmina, metal and wooden artifacts, silver jewelries, handmade paper goods, woolen items, leather clothes and Thangka were displayed in the fair.', 'content' => '<p style="text-align: justify;">May 10: The 13<sup>th</sup> Handicraft Trade Fair and the 11<sup>th</sup> Competitive Handicraft Exhibition concluded on Monday. According to the organiser, Federation of Handicraft Association of Nepal (FAHN), transactions worth Rs 65 million took place in the five-day event that started on Thursday, May 5. Pashmina, metal and wooden artifacts, silver jewelries, handmade paper goods, woolen items, leather clothes and Thangka were displayed in the fair.</p> <p style="text-align: justify;">Similarly, names of the winners of the Competitive Handicraft Exhibition and the Best Pavilion and Stall were also announced in the event. Rabindra Bajracharya won the first place in the competition while Yogendra Bajracharya and Rupesh Bajracharya were named1<sup>st</sup> runner up and 2<sup>nd</sup> runner up respectively. Likewise, Ajin Tamrakar and Rachana Tamrakar jointly won the first position in the competition of felt craft products. Meanwhile, Mithu Magar and Ramila Tamang were announced 1st runner up and 2<sup>nd</sup> runner respectively. The Best Pavilion Award went to Sabah Nepal and Dhanusa Handicraft Federation was awarded with the Best Stall title.</p> <p style="text-align: justify;">Importers from countries including Bangladesh and China participated in the fair which was visited by around 300,000 visitors. According to FHAN, foreign importers placed orders of handicraft products worth Rs 100 million in the fair.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3345', 'image' => '20160510011826_handi.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3509', 'article_category_id' => '1', 'title' => 'New Branch of Laxmi Bank in Dadeldhura', 'sub_title' => '', 'summary' => 'May 10: Laxmi Bank has started its new branch in Amargadhi, Dadeldhura on May 9. After the opening, the number of branches of the bank has reached 50 while the bank has two extended counters and 65 ATMs. “The bank has aimed to open more branches in the coming days,” informs the bank in a press statement. The bank has been providing any branch, internet and mobile banking services to its customers. According to the bank, it has focused especially on the small commercial loans and commercial agricultural sectors.', 'content' => '<p style="text-align: justify;">May 10: Laxmi Bank has started its new branch in Amargadhi, Dadeldhura on May 9. After the opening, the number of branches of the bank has reached 50 while the bank has two extended counters and 65 ATMs. “The bank has aimed to open more branches in the coming days,” informs the bank in a press statement. The bank has been providing any branch, internet and mobile banking services to its customers. According to the bank, it has focused especially on the small commercial loans and commercial agricultural sectors.</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3344', 'image' => '20160510115232_laxmi.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3508', 'article_category_id' => '1', 'title' => ' NIC Asia to Get Digital Signature', 'sub_title' => '', 'summary' => 'May 10: Nepal Certifying Company (NCC) has completed an agreement with NIC Asia Bank to provide Digital Signature Certificate (DSC). The agreement has listed NIC bank in the list of financial institutions providing DSC service. NIC Asia is one of the few banks that run on the principle of paperless business automation. “The availability of DSC service will help the bank to provide daily services fully paperless as well as reliable services to the customers,” informs the bank in a press statement. “It is our pleasure to provide DSC to one of the nationally reputed bank,” says Biplav Man Singh, Chairman of NCC, adding, “The agreement will strengthen our plan of implementing DSC across the country.”', 'content' => '<p style="text-align: justify;">May 10: Nepal Certifying Company (NCC) has completed an agreement with NIC Asia Bank to provide Digital Signature Certificate (DSC). The agreement has listed NIC bank in the list of financial institutions providing DSC service. NIC Asia is one of the few banks that run on the principle of paperless business automation. “The availability of DSC service will help the bank to provide daily services fully paperless as well as reliable services to the customers,” informs the bank in a press statement. “It is our pleasure to provide DSC to one of the nationally reputed bank,” says Biplav Man Singh, Chairman of NCC, adding, “The agreement will strengthen our plan of implementing DSC across the country.”</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3343', 'image' => '20160510112117_nc.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3507', 'article_category_id' => '1', 'title' => 'Remit Agreement between Prabhu Money Transfer and Nepal Sewa Microfinance', 'sub_title' => '', 'summary' => 'May 10: Prabhu Money Transfer and Nepal Sewa Microfinance Finance Ltd has finalise a remittance agreement. Rameshwor Sapkota, Deputy General Manager of Prabhu Money Transfer and Subin Kaji Shrestha, Acting Executive Chief of Nepal Sewa Microfinance has signed the agreement on behalf of their respective organisation.', 'content' => '<p style="text-align:justify">May 10: Prabhu Money Transfer and Nepal Sewa Microfinance Finance Ltd has finalise a remittance agreement. Rameshwor Sapkota, Deputy General Manager of Prabhu Money Transfer and Subin Kaji Shrestha, Acting Executive Chief of Nepal Sewa Microfinance has signed the agreement on behalf of their respective organisation.</p> <p style="text-align:justify">At present, Nepal Sewa Microfinance has obtained an approval to operate in Sindhupalchowk, Rasuwa and Nuwakot districts. The microfinance is preparing to start its operation from 6 branches right now. Similarly, headquartered in Fatakshila, Sindhupalchowk, customers of microfinance resided in Fatakshila, Gyalthum, Irkhu, Jalbire and Dhikure of Nuwakot and Betrawati of Rasuwa could get remittance services of Prabhu Money transfer.</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3342', 'image' => '20160510104446_prabhu.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3506', 'article_category_id' => '1', 'title' => 'Nepali Products in International Expo ', 'sub_title' => '', 'summary' => 'May 9: Nepal The Collection Pvt Ltd is going to participate in the international expo to be held in Affordable Shopping Destination (ASD) Market, Las Vegas. The company has already appeared in three previous editions of the expo.', 'content' => '<p style="text-align: justify;">May 9: Nepal The Collection Pvt Ltd is going to participate in the international expo to be held in Affordable Shopping Destination (ASD) Market, Las Vegas. The company has already appeared in three previous editions of the expo.</p> <p style="text-align: justify;">“Nepali products like handicrafts, pashmina, silver jewelries, organic products, thangka, wooden crafts, garments and many others will be showcased in the expo utilizing the recent tariff free access policy announced by the US government in certain Nepali products,” informs Juni Bajracharya, Representative of ASD for Nepal. In the exhibition, customers will also pay or the price of handicraft products, their design and concepts.</p> <p style="text-align: justify;">Nepali stalls are expected to be visited by more than 40 thousand visitors. “Nepali businessmen living in US will also buy product sample for prospective orders,” informs Bajracharya. The expo will also help entrepreneurs to find the importers. The fair which has been running since 55 years will host the participants of 95 countries. 2,700 companies will be participating in the expo that will have more than 45,000 stalls.</p> <p style="text-align: justify;">According to entrepreneurs, Nepali products are liked by buyers from different countries with the demand of handmade products increasing particularly. “It will be good if Nepali exporters can maintain the quality of their products,” says Stephen Styagaliyano, International Business Development Manager of ASD expo. “Although the market of Chinese products is better in the wholesale market, Nepal is still number one in art and craft design,” he mentions, adding, “The interest of buyers is inclined towards the handmade products rather than machine made ones.”</p> <p style="text-align: justify;">According to Nepal The Collection, which had put two, three and five stalls in first, second and third editions of the expo respectively, the participation of more than twenty Nepali entrepreneurs has been fixed. In this edition of the expo, Nepal will have 1o stalls.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-09', 'modified' => '2016-05-09', 'keywords' => '', 'description' => '', 'sortorder' => '3341', 'image' => '20160509051419_ame.jpg', 'article_date' => '2016-05-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3505', 'article_category_id' => '1', 'title' => 'Jagdamba Cement Concludes, “Consumer Oriented Training and Meet”', 'sub_title' => '', 'summary' => 'May 9: Jagdamba Cement has organised a “Consumer Oriented Training and Meet” to provide the technical knowledge needed for construction of safe and long-lasting structures for its consumers at Boudha Chabahil on May 8. The company informs in its press release that Jagdamba Cement’s veteran technician Sunil Paudel provided the training to over 150 masons and contractors in the specialized training program. “Jagdamba cement, with its vast network, consistency and quality products has been conducting this kind of training to educate its customers with the proper and scientific way of using their product. The company will be organizing similar events across the country for engineers and construction companies too in the future,” says Mr. Roshan Pathak coordinator and sales manager of the company.', 'content' => '<p style="text-align: justify;">May 9: Jagdamba Cement has organised a “Consumer Oriented Training and Meet” to provide the technical knowledge needed for construction of safe and long-lasting structures for its consumers at Boudha Chabahil on May 8. The company informs in its press release that Jagdamba Cement’s veteran technician Sunil Paudel provided the training to over 150 masons and contractors in the specialized training program. “Jagdamba cement, with its vast network, consistency and quality products has been conducting this kind of training to educate its customers with the proper and scientific way of using their product. The company will be organizing similar events across the country for engineers and construction companies too in the future,” says Mr. Roshan Pathak coordinator and sales manager of the company.</p> <p style="text-align: justify;">According to the press release, Mr. Jaganath Dahal, the brand manager of Jagdamba Cement has highlighted other consumer oriented programs that the company has been conducting keeping in mind the brand’s responsibility towards the society. Continuing the tradition, the company has launched Jagdamba Insurance Campaign in the current fiscal year with the motto: “Majbuti ra Bima, Surakshya Dui Guna”. Dahal also assured of complete support and contribution to the government on rebuilding process on behalf of the company. </p> ', 'published' => true, 'created' => '2016-05-09', 'modified' => '2016-05-09', 'keywords' => '', 'description' => '', 'sortorder' => '3340', 'image' => '20160509051120_jagdamba.jpg', 'article_date' => '2016-05-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3504', 'article_category_id' => '1', 'title' => 'San Miguel Organising Pool Party on May 14', 'sub_title' => '', 'summary' => 'May 9: San Miguel beer is organizing a summer pool party titled "San Miguel Luscious Wet Destination" on Saturday, 14 May, at Hotel Shahanshah. San Miguel has been carrying the thematic of "Halka Ramailo-awastha", a campaign that targets towards friendship and togetherness. To go along with the essence of friendship in the summer time, San Miguel has been organising pool parties where friends come together and enjoy to their fullest. As per the press statement, the program will feature singers Sugam Pokharel and Nawaj Ansari as Showstoppers along with artists like DJ Rupesh, Azen, Freestyle Brodaz, and DJ Kishmat.', 'content' => '<p style="text-align:justify">May 9: San Miguel beer is organizing a summer pool party titled "San Miguel Luscious Wet Destination" on Saturday, 14 May, at Hotel Shahanshah.</p> <p style="text-align:justify">San Miguel has been carrying the thematic of "Halka Ramailo-awastha", a campaign that targets towards friendship and togetherness. To go along with the essence of friendship in the summer time, San Miguel has been organising pool parties where friends come together and enjoy to their fullest. As per the press statement, the program will feature singers Sugam Pokharel and Nawaj Ansari as Showstoppers along with artists like DJ Rupesh, Azen, Freestyle Brodaz, and DJ Kishmat.</p> <p style="text-align:justify">"San Miguel has been associated with friendship since long and I am very excited with this second phase of our campaign. We are confident that the event will go along with the long-held association of the brand with friendship,” says Baibhav Sharma, Head of Marketing at Gorkha Brewery in the press statement. </p> ', 'published' => true, 'created' => '2016-05-09', 'modified' => '2016-05-09', 'keywords' => '', 'description' => '', 'sortorder' => '3339', 'image' => '20160509045146_san.jpg', 'article_date' => '2016-05-09 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' => '3518', 'article_category_id' => '1', 'title' => 'Share Allocation of Mero Microfinance', 'sub_title' => '', 'summary' => 'May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of shares.', 'content' => '<p style="text-align: justify;">May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of shares.</p> <p style="text-align: justify;"> Investors applying for 50-500 units of shares are considered small investors. Similarly, investors applying for 501 to 2300 units of shares are considered medium investors and for 2320-10,000 units of shares are considered big investors. Mero Microfinance had received 206 times more application on its call for share applicaiton. Big investors have got minimum of 10 units to 41 units of shares. Whereas, those investors applying for more than 2320 have received 10 shares.</p> <p style="text-align: justify;">Earlier, the microfinance had floated 612,000 units of shares worth of Rs 61.2 million on which application was received for 120 million shares worth Rs 12.83 billion. Among the 612,000 units, 45,000 have been allocated for 6 mutual funds and employees of the company. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3353', 'image' => '20160511020325_mero.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3517', 'article_category_id' => '1', 'title' => 'UAE Ready to Invest in Nepal', 'sub_title' => '', 'summary' => 'May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector. Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs Kamal Thapa and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa. ', 'content' => '<p style="text-align:justify">May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector.</p> <p style="text-align:justify">Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa. </p> <p style="text-align:justify">On the occasion, Al Nahyan hailed the opening of the Embassy as a milestone in the relationship between the two countries. Similarly, he expressed his confidence on the ease of visa procedures for Nepalis after the establishment of the embassy.</p> <p style="text-align:justify">DPM Thapa stated that the opening of the embassy indicated the importance given by UAE to Nepal. Thapa praised UAE’s contributions in relief and recovery operations after last year’s earthquake. </p> <p style="text-align:justify">On Tuesday, Al Nahyan held a meeting with his counterpart Thapa in a hotel in Kathmandu. He also made etiquette meetings with President Bidhya Devi Bhandari and Prime Minister KP Sharma Oli. With the opening of the embassy, UAE has appointed Sahid Hamanan Al Nakwi as the Ambassador to Nepal. Al Nakwi has yet to present his credentials to the President.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3352', 'image' => '20160511015329_UAE inagurate.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3516', 'article_category_id' => '1', 'title' => 'Carlsberg Announces Winners of “Live It LIVE!”', 'sub_title' => '', 'summary' => 'May 11: Carlsberg has announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in France.', 'content' => '<p>May 11: Carlsberg announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. “Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in France,” says the company in a press statement. </p> <p>Out of thousands of coupons, one lucky consumer and 10 lucky trade partners were announced as the winners. According to the company, the winning consumer will travel to France to watch Italy vs Sweden live on June 17.”The winner will present the Carlsberg Man of the Match Award and get to enjoy UEFA club hospitality. The winner will also get a chance to take along one of his/her friends to the trip,” informs the company. </p> <p>The company added that trade partners will get the opportunity to watch Iceland vs Austria match live on June 22. One of the trade partners among the 10 trade partners will also get a chance to give away Carlsberg Man of the Match Award.</p> <p>The two-month long campaign commenced in March and was activated in around three thousand outlets across Nepal. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3351', 'image' => '20160511124551_carl.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3515', 'article_category_id' => '1', 'title' => 'Janata Bank Starts Branchless Banking Services in Darchula', 'sub_title' => '', 'summary' => 'May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three years.', 'content' => '<p style="text-align: justify;">May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three years.</p> <p style="text-align: justify;">As per the press release of the bank, the services has been started to end the hardship of local people in getting banking services. The branchless banking service will enable locals in getting secure and convenient banking services within their locality. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3350', 'image' => '20160511124138_darchula.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3514', 'article_category_id' => '1', 'title' => 'Ncell Aims to become Highest Tax Payer', 'sub_title' => '', 'summary' => 'May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as well.', 'content' => '<p style="text-align: justify;">May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as well.</p> <p style="text-align: justify;">“As of May 4, Ncell has contributed Rs 128.63 billion to the government,” said Simon Perkins, Managing Director of Ncell. Ncell is the highest taxpayer in Nepal and has contributed steadily to government coffers for FY 2012-13 and FY 2013-14. “In 2014-15 alone, Ncell paid more than NPR 28.6 Billion to the government as tax, royalty and fees,” he mentioned.</p> <p style="text-align: justify;">According to the company, In order to maintain the lead and take the company to the next level, Ncell has announced its largest ever capital expenditure spend of Rs 12 billion for the remainder of 2016, aiming to expand 3G aggressively in rural and remote areas and also to enhance quality in areas where it is already present.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3349', 'image' => '20160511122708_ncell.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '3513', 'article_category_id' => '1', 'title' => 'National Hydro to Pay TDS', 'sub_title' => '', 'summary' => 'May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to 2068/69.', 'content' => '<p style="text-align: justify;">May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to 2068/69.</p> <p style="text-align: justify;">According to Rajaure, while requesting for tax revaluation earlier, collateral of Rs 10 million has already been kept. Therefore, in final report company expects reduction of Rs 10 million tax liabilities in total liabilities. In such circumstances, company expects tax reduction of Rs 20 million, thus, the remaining Rs 20 million taxes payable will be paid in instalments. Meanwhile, Rajaure clarifies that the loan amount of Rs 160 million taken from Nabil Bank has already been paid.</p> <p style="text-align: justify;">Likewise, Rajaure explains of not having any problem in repayment of loan taken to construct Lower Indrawati Hydropower Project by subsidiary company Sunkoshi Hydro. According to him, loan amount of Rs 200 million have been taken for construction of Indrawati Hydropower in guarantee of National Hydropower. He clarifies that the project do not have any trouble repaying the loan as it has Rs 470 million worth of assets including constructed infrastructure.</p> <p style="text-align: justify;">“Even if the registration of the company is cancelled, assets belong to us. New investor will have to pay for the assets. If we get the chance to build the project, we will repay the loan by income generated through electricity sales,” says Rajaure. The company informs of constructing other projects under investment of National Hydro. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3348', 'image' => '20160511115808_national.JPG', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '3512', 'article_category_id' => '1', 'title' => 'Ncell Announces Company’s Largest Capex Investment', 'sub_title' => '', 'summary' => 'May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.', 'content' => '<p style="text-align: justify;">May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.</p> <p style="text-align: justify;">“We will be investing around USD 120 million for the remainder of 2016. We will focus the investment in Nepal where it matters – building telecommunications infrastructure for better network and quality coverage, in our aim to serve the people of Nepal for the longer-term,” says Simon Perkins, Managing Director of Ncell.</p> <p style="text-align: justify;">Under the investment plan, Ncell will be expanding its network in remote and rural areas. “It will aim to bolster connectivity and create opportunities for underserved communities in those regions, aside from enhancing network capacity in cities to deliver high-speed internet,” mentions the company.</p> <p style="text-align: justify;">According to NCell MD Perkins, the company will aggressively deploy 3G technology in rural and remote areas. “Our plans are to set-up and establish 218 new sites to reach out to new towns and village development committees this year,” he informs, adding, “214 new sites will be built to address coverage gaps in regions where Ncell is also present. Ncell presently has quality 3G connectivity in 63 districts.”</p> <p style="text-align: justify;">Ncell will spend a sizable amount of investment in building earthquake resistant data centres in Kathmandu Valley. Ncell presently has data centres in Kathmandu, Pokhara, Hetauda and Biratnagar, of which data centres in Pokhara and Hetauda are containerized, and able to withstand high magnitude of earthquake and fire, enabling operations to be activated within an hour, even in worst-case scenarios.</p> <p style="text-align: justify;">“We are focused on building a robust network throughout the country,” Perkins mentioned, adding, “We will work closely with the regulator and the government to fulfil national goals to benefit Nepalese through the use of technology that can bring immediate and impactful results in education, health and mobile financial services.”</p> <p style="text-align: justify;">As per the company, Ncell is also eager to launch 4G services and has requested permission to provide 4G services in the country.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3347', 'image' => '20160510052025_ncell.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3511', 'article_category_id' => '1', 'title' => 'Agricultural Programs in Provincial Basis', 'sub_title' => 'Integrated Programs for Self Sufficiency of Food and Livestock Production', 'summary' => 'May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning of formatting the programs for coming fiscal year in provincial basis. “Programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “Programs are needed to centralise instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation. ', 'content' => '<p style="text-align:justify">May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning to formulate programs of coming fiscal year in provincial basis. “The programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “The programs need to be centralised instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation. </p> <p style="text-align:justify">In the policy and program, issue on self-sufficiency of nation through food and livestock production also acquired an important space. The policy and program also includes issues of food security, commercialisation of agriculture for employment generation within the nation and transformation of agriculture and increase in investment for modernisation and mechanisation of agriculture. In order to achieve the target, it is said that change oriented programs as per geography and environment will be brought based on comparative and competitive benefits. Similarly, programs will be launched to mark coming decade as ‘fruit decade’. Likewise, special programs will be launched by assigning pocket areas for production of foodstuffs, fruits, vegetable and herbs.</p> <p style="text-align:justify"><br /> Similarly, the programs will be centralised in which high mountainous regions will prioritise in production of fruits such as walnuts, apple and olive as well as herbs. Likewise, mid-mountainous regions will focus on production of orange, lemon, Asian pear, tea-coffee, turmeric, ginger and food crops. In the same way, food crops like rice, wheat, maize will be prioritise in tarai regions.</p> <p style="text-align:justify">The government policy encourages mechanisation of agriculture for development of collective and cooperative agriculture. The government plans to provide required agriculture technical services for the implementation of major strategies and programs under 20-years agricultural development strategies. The program and policy also include establishment of social security fund along with farmers’ participation that will covers all farmers.</p> <p style="text-align:justify">The government is also planning to provide subsidised loan in livestock farming to attract youths in agriculture and generate employment and income. Agriculture subsidy will be provided based on task performance and productivity. The government will stress on collective program including establishment of resource centre in each province and construction of Haat bazaars and modern animal slaughter. The program also highlights on broadcasting of agricultural information through mobile phones.</p> <p style="text-align:justify">The government has aimed of ensuring fertilisers, seeds, irrigation, technology and market for agricultural products. The government has planned of expanding accessibility to farmers in agricultural loans and insurance of crops and livestock. The government has also planned to coordinate with cooperatives and private sector for economic and social empowerment of small farmers.</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3346', 'image' => '20160510043008_ministry-of-agriculture.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '3510', 'article_category_id' => '1', 'title' => 'Handicraft Trade Fair Concluded', 'sub_title' => '', 'summary' => 'May 10: The 13th Handicraft Trade Fair and the 11th Competitive Handicraft Exhibition concluded on Monday. According to the organiser, Federation of Handicraft Association of Nepal (FAHN), transactions worth Rs 65 million took place in the five-day event that started on Thursday, May 5. Pashmina, metal and wooden artifacts, silver jewelries, handmade paper goods, woolen items, leather clothes and Thangka were displayed in the fair.', 'content' => '<p style="text-align: justify;">May 10: The 13<sup>th</sup> Handicraft Trade Fair and the 11<sup>th</sup> Competitive Handicraft Exhibition concluded on Monday. According to the organiser, Federation of Handicraft Association of Nepal (FAHN), transactions worth Rs 65 million took place in the five-day event that started on Thursday, May 5. Pashmina, metal and wooden artifacts, silver jewelries, handmade paper goods, woolen items, leather clothes and Thangka were displayed in the fair.</p> <p style="text-align: justify;">Similarly, names of the winners of the Competitive Handicraft Exhibition and the Best Pavilion and Stall were also announced in the event. Rabindra Bajracharya won the first place in the competition while Yogendra Bajracharya and Rupesh Bajracharya were named1<sup>st</sup> runner up and 2<sup>nd</sup> runner up respectively. Likewise, Ajin Tamrakar and Rachana Tamrakar jointly won the first position in the competition of felt craft products. Meanwhile, Mithu Magar and Ramila Tamang were announced 1st runner up and 2<sup>nd</sup> runner respectively. The Best Pavilion Award went to Sabah Nepal and Dhanusa Handicraft Federation was awarded with the Best Stall title.</p> <p style="text-align: justify;">Importers from countries including Bangladesh and China participated in the fair which was visited by around 300,000 visitors. According to FHAN, foreign importers placed orders of handicraft products worth Rs 100 million in the fair.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3345', 'image' => '20160510011826_handi.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3509', 'article_category_id' => '1', 'title' => 'New Branch of Laxmi Bank in Dadeldhura', 'sub_title' => '', 'summary' => 'May 10: Laxmi Bank has started its new branch in Amargadhi, Dadeldhura on May 9. After the opening, the number of branches of the bank has reached 50 while the bank has two extended counters and 65 ATMs. “The bank has aimed to open more branches in the coming days,” informs the bank in a press statement. The bank has been providing any branch, internet and mobile banking services to its customers. According to the bank, it has focused especially on the small commercial loans and commercial agricultural sectors.', 'content' => '<p style="text-align: justify;">May 10: Laxmi Bank has started its new branch in Amargadhi, Dadeldhura on May 9. After the opening, the number of branches of the bank has reached 50 while the bank has two extended counters and 65 ATMs. “The bank has aimed to open more branches in the coming days,” informs the bank in a press statement. The bank has been providing any branch, internet and mobile banking services to its customers. According to the bank, it has focused especially on the small commercial loans and commercial agricultural sectors.</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3344', 'image' => '20160510115232_laxmi.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3508', 'article_category_id' => '1', 'title' => ' NIC Asia to Get Digital Signature', 'sub_title' => '', 'summary' => 'May 10: Nepal Certifying Company (NCC) has completed an agreement with NIC Asia Bank to provide Digital Signature Certificate (DSC). The agreement has listed NIC bank in the list of financial institutions providing DSC service. NIC Asia is one of the few banks that run on the principle of paperless business automation. “The availability of DSC service will help the bank to provide daily services fully paperless as well as reliable services to the customers,” informs the bank in a press statement. “It is our pleasure to provide DSC to one of the nationally reputed bank,” says Biplav Man Singh, Chairman of NCC, adding, “The agreement will strengthen our plan of implementing DSC across the country.”', 'content' => '<p style="text-align: justify;">May 10: Nepal Certifying Company (NCC) has completed an agreement with NIC Asia Bank to provide Digital Signature Certificate (DSC). The agreement has listed NIC bank in the list of financial institutions providing DSC service. NIC Asia is one of the few banks that run on the principle of paperless business automation. “The availability of DSC service will help the bank to provide daily services fully paperless as well as reliable services to the customers,” informs the bank in a press statement. “It is our pleasure to provide DSC to one of the nationally reputed bank,” says Biplav Man Singh, Chairman of NCC, adding, “The agreement will strengthen our plan of implementing DSC across the country.”</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3343', 'image' => '20160510112117_nc.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3507', 'article_category_id' => '1', 'title' => 'Remit Agreement between Prabhu Money Transfer and Nepal Sewa Microfinance', 'sub_title' => '', 'summary' => 'May 10: Prabhu Money Transfer and Nepal Sewa Microfinance Finance Ltd has finalise a remittance agreement. Rameshwor Sapkota, Deputy General Manager of Prabhu Money Transfer and Subin Kaji Shrestha, Acting Executive Chief of Nepal Sewa Microfinance has signed the agreement on behalf of their respective organisation.', 'content' => '<p style="text-align:justify">May 10: Prabhu Money Transfer and Nepal Sewa Microfinance Finance Ltd has finalise a remittance agreement. Rameshwor Sapkota, Deputy General Manager of Prabhu Money Transfer and Subin Kaji Shrestha, Acting Executive Chief of Nepal Sewa Microfinance has signed the agreement on behalf of their respective organisation.</p> <p style="text-align:justify">At present, Nepal Sewa Microfinance has obtained an approval to operate in Sindhupalchowk, Rasuwa and Nuwakot districts. The microfinance is preparing to start its operation from 6 branches right now. Similarly, headquartered in Fatakshila, Sindhupalchowk, customers of microfinance resided in Fatakshila, Gyalthum, Irkhu, Jalbire and Dhikure of Nuwakot and Betrawati of Rasuwa could get remittance services of Prabhu Money transfer.</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3342', 'image' => '20160510104446_prabhu.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3506', 'article_category_id' => '1', 'title' => 'Nepali Products in International Expo ', 'sub_title' => '', 'summary' => 'May 9: Nepal The Collection Pvt Ltd is going to participate in the international expo to be held in Affordable Shopping Destination (ASD) Market, Las Vegas. The company has already appeared in three previous editions of the expo.', 'content' => '<p style="text-align: justify;">May 9: Nepal The Collection Pvt Ltd is going to participate in the international expo to be held in Affordable Shopping Destination (ASD) Market, Las Vegas. The company has already appeared in three previous editions of the expo.</p> <p style="text-align: justify;">“Nepali products like handicrafts, pashmina, silver jewelries, organic products, thangka, wooden crafts, garments and many others will be showcased in the expo utilizing the recent tariff free access policy announced by the US government in certain Nepali products,” informs Juni Bajracharya, Representative of ASD for Nepal. In the exhibition, customers will also pay or the price of handicraft products, their design and concepts.</p> <p style="text-align: justify;">Nepali stalls are expected to be visited by more than 40 thousand visitors. “Nepali businessmen living in US will also buy product sample for prospective orders,” informs Bajracharya. The expo will also help entrepreneurs to find the importers. The fair which has been running since 55 years will host the participants of 95 countries. 2,700 companies will be participating in the expo that will have more than 45,000 stalls.</p> <p style="text-align: justify;">According to entrepreneurs, Nepali products are liked by buyers from different countries with the demand of handmade products increasing particularly. “It will be good if Nepali exporters can maintain the quality of their products,” says Stephen Styagaliyano, International Business Development Manager of ASD expo. “Although the market of Chinese products is better in the wholesale market, Nepal is still number one in art and craft design,” he mentions, adding, “The interest of buyers is inclined towards the handmade products rather than machine made ones.”</p> <p style="text-align: justify;">According to Nepal The Collection, which had put two, three and five stalls in first, second and third editions of the expo respectively, the participation of more than twenty Nepali entrepreneurs has been fixed. In this edition of the expo, Nepal will have 1o stalls.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-09', 'modified' => '2016-05-09', 'keywords' => '', 'description' => '', 'sortorder' => '3341', 'image' => '20160509051419_ame.jpg', 'article_date' => '2016-05-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3505', 'article_category_id' => '1', 'title' => 'Jagdamba Cement Concludes, “Consumer Oriented Training and Meet”', 'sub_title' => '', 'summary' => 'May 9: Jagdamba Cement has organised a “Consumer Oriented Training and Meet” to provide the technical knowledge needed for construction of safe and long-lasting structures for its consumers at Boudha Chabahil on May 8. The company informs in its press release that Jagdamba Cement’s veteran technician Sunil Paudel provided the training to over 150 masons and contractors in the specialized training program. “Jagdamba cement, with its vast network, consistency and quality products has been conducting this kind of training to educate its customers with the proper and scientific way of using their product. The company will be organizing similar events across the country for engineers and construction companies too in the future,” says Mr. Roshan Pathak coordinator and sales manager of the company.', 'content' => '<p style="text-align: justify;">May 9: Jagdamba Cement has organised a “Consumer Oriented Training and Meet” to provide the technical knowledge needed for construction of safe and long-lasting structures for its consumers at Boudha Chabahil on May 8. The company informs in its press release that Jagdamba Cement’s veteran technician Sunil Paudel provided the training to over 150 masons and contractors in the specialized training program. “Jagdamba cement, with its vast network, consistency and quality products has been conducting this kind of training to educate its customers with the proper and scientific way of using their product. The company will be organizing similar events across the country for engineers and construction companies too in the future,” says Mr. Roshan Pathak coordinator and sales manager of the company.</p> <p style="text-align: justify;">According to the press release, Mr. Jaganath Dahal, the brand manager of Jagdamba Cement has highlighted other consumer oriented programs that the company has been conducting keeping in mind the brand’s responsibility towards the society. Continuing the tradition, the company has launched Jagdamba Insurance Campaign in the current fiscal year with the motto: “Majbuti ra Bima, Surakshya Dui Guna”. Dahal also assured of complete support and contribution to the government on rebuilding process on behalf of the company. </p> ', 'published' => true, 'created' => '2016-05-09', 'modified' => '2016-05-09', 'keywords' => '', 'description' => '', 'sortorder' => '3340', 'image' => '20160509051120_jagdamba.jpg', 'article_date' => '2016-05-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3504', 'article_category_id' => '1', 'title' => 'San Miguel Organising Pool Party on May 14', 'sub_title' => '', 'summary' => 'May 9: San Miguel beer is organizing a summer pool party titled "San Miguel Luscious Wet Destination" on Saturday, 14 May, at Hotel Shahanshah. San Miguel has been carrying the thematic of "Halka Ramailo-awastha", a campaign that targets towards friendship and togetherness. To go along with the essence of friendship in the summer time, San Miguel has been organising pool parties where friends come together and enjoy to their fullest. As per the press statement, the program will feature singers Sugam Pokharel and Nawaj Ansari as Showstoppers along with artists like DJ Rupesh, Azen, Freestyle Brodaz, and DJ Kishmat.', 'content' => '<p style="text-align:justify">May 9: San Miguel beer is organizing a summer pool party titled "San Miguel Luscious Wet Destination" on Saturday, 14 May, at Hotel Shahanshah.</p> <p style="text-align:justify">San Miguel has been carrying the thematic of "Halka Ramailo-awastha", a campaign that targets towards friendship and togetherness. To go along with the essence of friendship in the summer time, San Miguel has been organising pool parties where friends come together and enjoy to their fullest. As per the press statement, the program will feature singers Sugam Pokharel and Nawaj Ansari as Showstoppers along with artists like DJ Rupesh, Azen, Freestyle Brodaz, and DJ Kishmat.</p> <p style="text-align:justify">"San Miguel has been associated with friendship since long and I am very excited with this second phase of our campaign. We are confident that the event will go along with the long-held association of the brand with friendship,” says Baibhav Sharma, Head of Marketing at Gorkha Brewery in the press statement. </p> ', 'published' => true, 'created' => '2016-05-09', 'modified' => '2016-05-09', 'keywords' => '', 'description' => '', 'sortorder' => '3339', 'image' => '20160509045146_san.jpg', 'article_date' => '2016-05-09 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' => '3518', 'article_category_id' => '1', 'title' => 'Share Allocation of Mero Microfinance', 'sub_title' => '', 'summary' => 'May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of shares.', 'content' => '<p style="text-align: justify;">May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of shares.</p> <p style="text-align: justify;"> Investors applying for 50-500 units of shares are considered small investors. Similarly, investors applying for 501 to 2300 units of shares are considered medium investors and for 2320-10,000 units of shares are considered big investors. Mero Microfinance had received 206 times more application on its call for share applicaiton. Big investors have got minimum of 10 units to 41 units of shares. Whereas, those investors applying for more than 2320 have received 10 shares.</p> <p style="text-align: justify;">Earlier, the microfinance had floated 612,000 units of shares worth of Rs 61.2 million on which application was received for 120 million shares worth Rs 12.83 billion. Among the 612,000 units, 45,000 have been allocated for 6 mutual funds and employees of the company. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3353', 'image' => '20160511020325_mero.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3517', 'article_category_id' => '1', 'title' => 'UAE Ready to Invest in Nepal', 'sub_title' => '', 'summary' => 'May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector. Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs Kamal Thapa and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa. ', 'content' => '<p style="text-align:justify">May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector.</p> <p style="text-align:justify">Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa. </p> <p style="text-align:justify">On the occasion, Al Nahyan hailed the opening of the Embassy as a milestone in the relationship between the two countries. Similarly, he expressed his confidence on the ease of visa procedures for Nepalis after the establishment of the embassy.</p> <p style="text-align:justify">DPM Thapa stated that the opening of the embassy indicated the importance given by UAE to Nepal. Thapa praised UAE’s contributions in relief and recovery operations after last year’s earthquake. </p> <p style="text-align:justify">On Tuesday, Al Nahyan held a meeting with his counterpart Thapa in a hotel in Kathmandu. He also made etiquette meetings with President Bidhya Devi Bhandari and Prime Minister KP Sharma Oli. With the opening of the embassy, UAE has appointed Sahid Hamanan Al Nakwi as the Ambassador to Nepal. Al Nakwi has yet to present his credentials to the President.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3352', 'image' => '20160511015329_UAE inagurate.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3516', 'article_category_id' => '1', 'title' => 'Carlsberg Announces Winners of “Live It LIVE!”', 'sub_title' => '', 'summary' => 'May 11: Carlsberg has announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in France.', 'content' => '<p>May 11: Carlsberg announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. “Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in France,” says the company in a press statement. </p> <p>Out of thousands of coupons, one lucky consumer and 10 lucky trade partners were announced as the winners. According to the company, the winning consumer will travel to France to watch Italy vs Sweden live on June 17.”The winner will present the Carlsberg Man of the Match Award and get to enjoy UEFA club hospitality. The winner will also get a chance to take along one of his/her friends to the trip,” informs the company. </p> <p>The company added that trade partners will get the opportunity to watch Iceland vs Austria match live on June 22. One of the trade partners among the 10 trade partners will also get a chance to give away Carlsberg Man of the Match Award.</p> <p>The two-month long campaign commenced in March and was activated in around three thousand outlets across Nepal. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3351', 'image' => '20160511124551_carl.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3515', 'article_category_id' => '1', 'title' => 'Janata Bank Starts Branchless Banking Services in Darchula', 'sub_title' => '', 'summary' => 'May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three years.', 'content' => '<p style="text-align: justify;">May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three years.</p> <p style="text-align: justify;">As per the press release of the bank, the services has been started to end the hardship of local people in getting banking services. The branchless banking service will enable locals in getting secure and convenient banking services within their locality. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3350', 'image' => '20160511124138_darchula.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3514', 'article_category_id' => '1', 'title' => 'Ncell Aims to become Highest Tax Payer', 'sub_title' => '', 'summary' => 'May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as well.', 'content' => '<p style="text-align: justify;">May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as well.</p> <p style="text-align: justify;">“As of May 4, Ncell has contributed Rs 128.63 billion to the government,” said Simon Perkins, Managing Director of Ncell. Ncell is the highest taxpayer in Nepal and has contributed steadily to government coffers for FY 2012-13 and FY 2013-14. “In 2014-15 alone, Ncell paid more than NPR 28.6 Billion to the government as tax, royalty and fees,” he mentioned.</p> <p style="text-align: justify;">According to the company, In order to maintain the lead and take the company to the next level, Ncell has announced its largest ever capital expenditure spend of Rs 12 billion for the remainder of 2016, aiming to expand 3G aggressively in rural and remote areas and also to enhance quality in areas where it is already present.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3349', 'image' => '20160511122708_ncell.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '3513', 'article_category_id' => '1', 'title' => 'National Hydro to Pay TDS', 'sub_title' => '', 'summary' => 'May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to 2068/69.', 'content' => '<p style="text-align: justify;">May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to 2068/69.</p> <p style="text-align: justify;">According to Rajaure, while requesting for tax revaluation earlier, collateral of Rs 10 million has already been kept. Therefore, in final report company expects reduction of Rs 10 million tax liabilities in total liabilities. In such circumstances, company expects tax reduction of Rs 20 million, thus, the remaining Rs 20 million taxes payable will be paid in instalments. Meanwhile, Rajaure clarifies that the loan amount of Rs 160 million taken from Nabil Bank has already been paid.</p> <p style="text-align: justify;">Likewise, Rajaure explains of not having any problem in repayment of loan taken to construct Lower Indrawati Hydropower Project by subsidiary company Sunkoshi Hydro. According to him, loan amount of Rs 200 million have been taken for construction of Indrawati Hydropower in guarantee of National Hydropower. He clarifies that the project do not have any trouble repaying the loan as it has Rs 470 million worth of assets including constructed infrastructure.</p> <p style="text-align: justify;">“Even if the registration of the company is cancelled, assets belong to us. New investor will have to pay for the assets. If we get the chance to build the project, we will repay the loan by income generated through electricity sales,” says Rajaure. The company informs of constructing other projects under investment of National Hydro. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3348', 'image' => '20160511115808_national.JPG', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '3512', 'article_category_id' => '1', 'title' => 'Ncell Announces Company’s Largest Capex Investment', 'sub_title' => '', 'summary' => 'May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.', 'content' => '<p style="text-align: justify;">May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.</p> <p style="text-align: justify;">“We will be investing around USD 120 million for the remainder of 2016. We will focus the investment in Nepal where it matters – building telecommunications infrastructure for better network and quality coverage, in our aim to serve the people of Nepal for the longer-term,” says Simon Perkins, Managing Director of Ncell.</p> <p style="text-align: justify;">Under the investment plan, Ncell will be expanding its network in remote and rural areas. “It will aim to bolster connectivity and create opportunities for underserved communities in those regions, aside from enhancing network capacity in cities to deliver high-speed internet,” mentions the company.</p> <p style="text-align: justify;">According to NCell MD Perkins, the company will aggressively deploy 3G technology in rural and remote areas. “Our plans are to set-up and establish 218 new sites to reach out to new towns and village development committees this year,” he informs, adding, “214 new sites will be built to address coverage gaps in regions where Ncell is also present. Ncell presently has quality 3G connectivity in 63 districts.”</p> <p style="text-align: justify;">Ncell will spend a sizable amount of investment in building earthquake resistant data centres in Kathmandu Valley. Ncell presently has data centres in Kathmandu, Pokhara, Hetauda and Biratnagar, of which data centres in Pokhara and Hetauda are containerized, and able to withstand high magnitude of earthquake and fire, enabling operations to be activated within an hour, even in worst-case scenarios.</p> <p style="text-align: justify;">“We are focused on building a robust network throughout the country,” Perkins mentioned, adding, “We will work closely with the regulator and the government to fulfil national goals to benefit Nepalese through the use of technology that can bring immediate and impactful results in education, health and mobile financial services.”</p> <p style="text-align: justify;">As per the company, Ncell is also eager to launch 4G services and has requested permission to provide 4G services in the country.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3347', 'image' => '20160510052025_ncell.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3511', 'article_category_id' => '1', 'title' => 'Agricultural Programs in Provincial Basis', 'sub_title' => 'Integrated Programs for Self Sufficiency of Food and Livestock Production', 'summary' => 'May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning of formatting the programs for coming fiscal year in provincial basis. “Programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “Programs are needed to centralise instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation. ', 'content' => '<p style="text-align:justify">May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning to formulate programs of coming fiscal year in provincial basis. “The programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “The programs need to be centralised instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation. </p> <p style="text-align:justify">In the policy and program, issue on self-sufficiency of nation through food and livestock production also acquired an important space. The policy and program also includes issues of food security, commercialisation of agriculture for employment generation within the nation and transformation of agriculture and increase in investment for modernisation and mechanisation of agriculture. In order to achieve the target, it is said that change oriented programs as per geography and environment will be brought based on comparative and competitive benefits. Similarly, programs will be launched to mark coming decade as ‘fruit decade’. Likewise, special programs will be launched by assigning pocket areas for production of foodstuffs, fruits, vegetable and herbs.</p> <p style="text-align:justify"><br /> Similarly, the programs will be centralised in which high mountainous regions will prioritise in production of fruits such as walnuts, apple and olive as well as herbs. Likewise, mid-mountainous regions will focus on production of orange, lemon, Asian pear, tea-coffee, turmeric, ginger and food crops. In the same way, food crops like rice, wheat, maize will be prioritise in tarai regions.</p> <p style="text-align:justify">The government policy encourages mechanisation of agriculture for development of collective and cooperative agriculture. The government plans to provide required agriculture technical services for the implementation of major strategies and programs under 20-years agricultural development strategies. The program and policy also include establishment of social security fund along with farmers’ participation that will covers all farmers.</p> <p style="text-align:justify">The government is also planning to provide subsidised loan in livestock farming to attract youths in agriculture and generate employment and income. Agriculture subsidy will be provided based on task performance and productivity. The government will stress on collective program including establishment of resource centre in each province and construction of Haat bazaars and modern animal slaughter. The program also highlights on broadcasting of agricultural information through mobile phones.</p> <p style="text-align:justify">The government has aimed of ensuring fertilisers, seeds, irrigation, technology and market for agricultural products. The government has planned of expanding accessibility to farmers in agricultural loans and insurance of crops and livestock. The government has also planned to coordinate with cooperatives and private sector for economic and social empowerment of small farmers.</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3346', 'image' => '20160510043008_ministry-of-agriculture.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '3510', 'article_category_id' => '1', 'title' => 'Handicraft Trade Fair Concluded', 'sub_title' => '', 'summary' => 'May 10: The 13th Handicraft Trade Fair and the 11th Competitive Handicraft Exhibition concluded on Monday. According to the organiser, Federation of Handicraft Association of Nepal (FAHN), transactions worth Rs 65 million took place in the five-day event that started on Thursday, May 5. Pashmina, metal and wooden artifacts, silver jewelries, handmade paper goods, woolen items, leather clothes and Thangka were displayed in the fair.', 'content' => '<p style="text-align: justify;">May 10: The 13<sup>th</sup> Handicraft Trade Fair and the 11<sup>th</sup> Competitive Handicraft Exhibition concluded on Monday. According to the organiser, Federation of Handicraft Association of Nepal (FAHN), transactions worth Rs 65 million took place in the five-day event that started on Thursday, May 5. Pashmina, metal and wooden artifacts, silver jewelries, handmade paper goods, woolen items, leather clothes and Thangka were displayed in the fair.</p> <p style="text-align: justify;">Similarly, names of the winners of the Competitive Handicraft Exhibition and the Best Pavilion and Stall were also announced in the event. Rabindra Bajracharya won the first place in the competition while Yogendra Bajracharya and Rupesh Bajracharya were named1<sup>st</sup> runner up and 2<sup>nd</sup> runner up respectively. Likewise, Ajin Tamrakar and Rachana Tamrakar jointly won the first position in the competition of felt craft products. Meanwhile, Mithu Magar and Ramila Tamang were announced 1st runner up and 2<sup>nd</sup> runner respectively. The Best Pavilion Award went to Sabah Nepal and Dhanusa Handicraft Federation was awarded with the Best Stall title.</p> <p style="text-align: justify;">Importers from countries including Bangladesh and China participated in the fair which was visited by around 300,000 visitors. According to FHAN, foreign importers placed orders of handicraft products worth Rs 100 million in the fair.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3345', 'image' => '20160510011826_handi.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3509', 'article_category_id' => '1', 'title' => 'New Branch of Laxmi Bank in Dadeldhura', 'sub_title' => '', 'summary' => 'May 10: Laxmi Bank has started its new branch in Amargadhi, Dadeldhura on May 9. After the opening, the number of branches of the bank has reached 50 while the bank has two extended counters and 65 ATMs. “The bank has aimed to open more branches in the coming days,” informs the bank in a press statement. The bank has been providing any branch, internet and mobile banking services to its customers. According to the bank, it has focused especially on the small commercial loans and commercial agricultural sectors.', 'content' => '<p style="text-align: justify;">May 10: Laxmi Bank has started its new branch in Amargadhi, Dadeldhura on May 9. After the opening, the number of branches of the bank has reached 50 while the bank has two extended counters and 65 ATMs. “The bank has aimed to open more branches in the coming days,” informs the bank in a press statement. The bank has been providing any branch, internet and mobile banking services to its customers. According to the bank, it has focused especially on the small commercial loans and commercial agricultural sectors.</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3344', 'image' => '20160510115232_laxmi.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3508', 'article_category_id' => '1', 'title' => ' NIC Asia to Get Digital Signature', 'sub_title' => '', 'summary' => 'May 10: Nepal Certifying Company (NCC) has completed an agreement with NIC Asia Bank to provide Digital Signature Certificate (DSC). The agreement has listed NIC bank in the list of financial institutions providing DSC service. NIC Asia is one of the few banks that run on the principle of paperless business automation. “The availability of DSC service will help the bank to provide daily services fully paperless as well as reliable services to the customers,” informs the bank in a press statement. “It is our pleasure to provide DSC to one of the nationally reputed bank,” says Biplav Man Singh, Chairman of NCC, adding, “The agreement will strengthen our plan of implementing DSC across the country.”', 'content' => '<p style="text-align: justify;">May 10: Nepal Certifying Company (NCC) has completed an agreement with NIC Asia Bank to provide Digital Signature Certificate (DSC). The agreement has listed NIC bank in the list of financial institutions providing DSC service. NIC Asia is one of the few banks that run on the principle of paperless business automation. “The availability of DSC service will help the bank to provide daily services fully paperless as well as reliable services to the customers,” informs the bank in a press statement. “It is our pleasure to provide DSC to one of the nationally reputed bank,” says Biplav Man Singh, Chairman of NCC, adding, “The agreement will strengthen our plan of implementing DSC across the country.”</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3343', 'image' => '20160510112117_nc.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3507', 'article_category_id' => '1', 'title' => 'Remit Agreement between Prabhu Money Transfer and Nepal Sewa Microfinance', 'sub_title' => '', 'summary' => 'May 10: Prabhu Money Transfer and Nepal Sewa Microfinance Finance Ltd has finalise a remittance agreement. Rameshwor Sapkota, Deputy General Manager of Prabhu Money Transfer and Subin Kaji Shrestha, Acting Executive Chief of Nepal Sewa Microfinance has signed the agreement on behalf of their respective organisation.', 'content' => '<p style="text-align:justify">May 10: Prabhu Money Transfer and Nepal Sewa Microfinance Finance Ltd has finalise a remittance agreement. Rameshwor Sapkota, Deputy General Manager of Prabhu Money Transfer and Subin Kaji Shrestha, Acting Executive Chief of Nepal Sewa Microfinance has signed the agreement on behalf of their respective organisation.</p> <p style="text-align:justify">At present, Nepal Sewa Microfinance has obtained an approval to operate in Sindhupalchowk, Rasuwa and Nuwakot districts. The microfinance is preparing to start its operation from 6 branches right now. Similarly, headquartered in Fatakshila, Sindhupalchowk, customers of microfinance resided in Fatakshila, Gyalthum, Irkhu, Jalbire and Dhikure of Nuwakot and Betrawati of Rasuwa could get remittance services of Prabhu Money transfer.</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3342', 'image' => '20160510104446_prabhu.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3506', 'article_category_id' => '1', 'title' => 'Nepali Products in International Expo ', 'sub_title' => '', 'summary' => 'May 9: Nepal The Collection Pvt Ltd is going to participate in the international expo to be held in Affordable Shopping Destination (ASD) Market, Las Vegas. The company has already appeared in three previous editions of the expo.', 'content' => '<p style="text-align: justify;">May 9: Nepal The Collection Pvt Ltd is going to participate in the international expo to be held in Affordable Shopping Destination (ASD) Market, Las Vegas. The company has already appeared in three previous editions of the expo.</p> <p style="text-align: justify;">“Nepali products like handicrafts, pashmina, silver jewelries, organic products, thangka, wooden crafts, garments and many others will be showcased in the expo utilizing the recent tariff free access policy announced by the US government in certain Nepali products,” informs Juni Bajracharya, Representative of ASD for Nepal. In the exhibition, customers will also pay or the price of handicraft products, their design and concepts.</p> <p style="text-align: justify;">Nepali stalls are expected to be visited by more than 40 thousand visitors. “Nepali businessmen living in US will also buy product sample for prospective orders,” informs Bajracharya. The expo will also help entrepreneurs to find the importers. The fair which has been running since 55 years will host the participants of 95 countries. 2,700 companies will be participating in the expo that will have more than 45,000 stalls.</p> <p style="text-align: justify;">According to entrepreneurs, Nepali products are liked by buyers from different countries with the demand of handmade products increasing particularly. “It will be good if Nepali exporters can maintain the quality of their products,” says Stephen Styagaliyano, International Business Development Manager of ASD expo. “Although the market of Chinese products is better in the wholesale market, Nepal is still number one in art and craft design,” he mentions, adding, “The interest of buyers is inclined towards the handmade products rather than machine made ones.”</p> <p style="text-align: justify;">According to Nepal The Collection, which had put two, three and five stalls in first, second and third editions of the expo respectively, the participation of more than twenty Nepali entrepreneurs has been fixed. In this edition of the expo, Nepal will have 1o stalls.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-09', 'modified' => '2016-05-09', 'keywords' => '', 'description' => '', 'sortorder' => '3341', 'image' => '20160509051419_ame.jpg', 'article_date' => '2016-05-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3505', 'article_category_id' => '1', 'title' => 'Jagdamba Cement Concludes, “Consumer Oriented Training and Meet”', 'sub_title' => '', 'summary' => 'May 9: Jagdamba Cement has organised a “Consumer Oriented Training and Meet” to provide the technical knowledge needed for construction of safe and long-lasting structures for its consumers at Boudha Chabahil on May 8. The company informs in its press release that Jagdamba Cement’s veteran technician Sunil Paudel provided the training to over 150 masons and contractors in the specialized training program. “Jagdamba cement, with its vast network, consistency and quality products has been conducting this kind of training to educate its customers with the proper and scientific way of using their product. The company will be organizing similar events across the country for engineers and construction companies too in the future,” says Mr. Roshan Pathak coordinator and sales manager of the company.', 'content' => '<p style="text-align: justify;">May 9: Jagdamba Cement has organised a “Consumer Oriented Training and Meet” to provide the technical knowledge needed for construction of safe and long-lasting structures for its consumers at Boudha Chabahil on May 8. The company informs in its press release that Jagdamba Cement’s veteran technician Sunil Paudel provided the training to over 150 masons and contractors in the specialized training program. “Jagdamba cement, with its vast network, consistency and quality products has been conducting this kind of training to educate its customers with the proper and scientific way of using their product. The company will be organizing similar events across the country for engineers and construction companies too in the future,” says Mr. Roshan Pathak coordinator and sales manager of the company.</p> <p style="text-align: justify;">According to the press release, Mr. Jaganath Dahal, the brand manager of Jagdamba Cement has highlighted other consumer oriented programs that the company has been conducting keeping in mind the brand’s responsibility towards the society. Continuing the tradition, the company has launched Jagdamba Insurance Campaign in the current fiscal year with the motto: “Majbuti ra Bima, Surakshya Dui Guna”. Dahal also assured of complete support and contribution to the government on rebuilding process on behalf of the company. </p> ', 'published' => true, 'created' => '2016-05-09', 'modified' => '2016-05-09', 'keywords' => '', 'description' => '', 'sortorder' => '3340', 'image' => '20160509051120_jagdamba.jpg', 'article_date' => '2016-05-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3504', 'article_category_id' => '1', 'title' => 'San Miguel Organising Pool Party on May 14', 'sub_title' => '', 'summary' => 'May 9: San Miguel beer is organizing a summer pool party titled "San Miguel Luscious Wet Destination" on Saturday, 14 May, at Hotel Shahanshah. San Miguel has been carrying the thematic of "Halka Ramailo-awastha", a campaign that targets towards friendship and togetherness. To go along with the essence of friendship in the summer time, San Miguel has been organising pool parties where friends come together and enjoy to their fullest. As per the press statement, the program will feature singers Sugam Pokharel and Nawaj Ansari as Showstoppers along with artists like DJ Rupesh, Azen, Freestyle Brodaz, and DJ Kishmat.', 'content' => '<p style="text-align:justify">May 9: San Miguel beer is organizing a summer pool party titled "San Miguel Luscious Wet Destination" on Saturday, 14 May, at Hotel Shahanshah.</p> <p style="text-align:justify">San Miguel has been carrying the thematic of "Halka Ramailo-awastha", a campaign that targets towards friendship and togetherness. To go along with the essence of friendship in the summer time, San Miguel has been organising pool parties where friends come together and enjoy to their fullest. As per the press statement, the program will feature singers Sugam Pokharel and Nawaj Ansari as Showstoppers along with artists like DJ Rupesh, Azen, Freestyle Brodaz, and DJ Kishmat.</p> <p style="text-align:justify">"San Miguel has been associated with friendship since long and I am very excited with this second phase of our campaign. We are confident that the event will go along with the long-held association of the brand with friendship,” says Baibhav Sharma, Head of Marketing at Gorkha Brewery in the press statement. </p> ', 'published' => true, 'created' => '2016-05-09', 'modified' => '2016-05-09', 'keywords' => '', 'description' => '', 'sortorder' => '3339', 'image' => '20160509045146_san.jpg', 'article_date' => '2016-05-09 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' => '3518', 'article_category_id' => '1', 'title' => 'Share Allocation of Mero Microfinance', 'sub_title' => '', 'summary' => 'May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of shares.', 'content' => '<p style="text-align: justify;">May 11: Mero Microfinance has allocated 10 units of shares for small and medium investors on Wednesday morning. Small and medium investors selected through lucky draw will get 10 units of shares.</p> <p style="text-align: justify;"> Investors applying for 50-500 units of shares are considered small investors. Similarly, investors applying for 501 to 2300 units of shares are considered medium investors and for 2320-10,000 units of shares are considered big investors. Mero Microfinance had received 206 times more application on its call for share applicaiton. Big investors have got minimum of 10 units to 41 units of shares. Whereas, those investors applying for more than 2320 have received 10 shares.</p> <p style="text-align: justify;">Earlier, the microfinance had floated 612,000 units of shares worth of Rs 61.2 million on which application was received for 120 million shares worth Rs 12.83 billion. Among the 612,000 units, 45,000 have been allocated for 6 mutual funds and employees of the company. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3353', 'image' => '20160511020325_mero.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '3517', 'article_category_id' => '1', 'title' => 'UAE Ready to Invest in Nepal', 'sub_title' => '', 'summary' => 'May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector. Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs Kamal Thapa and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa. ', 'content' => '<p style="text-align:justify">May 11: United Arab Emirates has expressed its interest to invest in Nepal. Sheikh Abdullah Bin Zayed Bin Sultan Al Nahyan, Minister of Foreign Affairs of UAE said that the Kingdom is willing to help Nepal in hospitality and tourism sector.</p> <p style="text-align:justify">Al Nahyan made such remarks during the opening of the Embassy of the UAE in Lazimpat, Kathmandu held on Tuesday. Kamal Thapa, Deputy Prime Minister and Minister of Foreign Affairs and Al Nahyan jointly inagurated the embassy. The UAE foreign minister arrived in capital from a special airplane on the invitation of Thapa. </p> <p style="text-align:justify">On the occasion, Al Nahyan hailed the opening of the Embassy as a milestone in the relationship between the two countries. Similarly, he expressed his confidence on the ease of visa procedures for Nepalis after the establishment of the embassy.</p> <p style="text-align:justify">DPM Thapa stated that the opening of the embassy indicated the importance given by UAE to Nepal. Thapa praised UAE’s contributions in relief and recovery operations after last year’s earthquake. </p> <p style="text-align:justify">On Tuesday, Al Nahyan held a meeting with his counterpart Thapa in a hotel in Kathmandu. He also made etiquette meetings with President Bidhya Devi Bhandari and Prime Minister KP Sharma Oli. With the opening of the embassy, UAE has appointed Sahid Hamanan Al Nakwi as the Ambassador to Nepal. Al Nakwi has yet to present his credentials to the President.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3352', 'image' => '20160511015329_UAE inagurate.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '3516', 'article_category_id' => '1', 'title' => 'Carlsberg Announces Winners of “Live It LIVE!”', 'sub_title' => '', 'summary' => 'May 11: Carlsberg has announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in France.', 'content' => '<p>May 11: Carlsberg announced the winners of the consumer promotion campaign ‘Live It LIVE’ on May 10. “Carlsberg has made an ultimate dream come true via this once-in-a-lifetime opportunity for Nepali football fans to win VIP hospitality, all expenses paid trip to watch the UEFA EURO 2016 live in France,” says the company in a press statement. </p> <p>Out of thousands of coupons, one lucky consumer and 10 lucky trade partners were announced as the winners. According to the company, the winning consumer will travel to France to watch Italy vs Sweden live on June 17.”The winner will present the Carlsberg Man of the Match Award and get to enjoy UEFA club hospitality. The winner will also get a chance to take along one of his/her friends to the trip,” informs the company. </p> <p>The company added that trade partners will get the opportunity to watch Iceland vs Austria match live on June 22. One of the trade partners among the 10 trade partners will also get a chance to give away Carlsberg Man of the Match Award.</p> <p>The two-month long campaign commenced in March and was activated in around three thousand outlets across Nepal. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3351', 'image' => '20160511124551_carl.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '3515', 'article_category_id' => '1', 'title' => 'Janata Bank Starts Branchless Banking Services in Darchula', 'sub_title' => '', 'summary' => 'May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three years.', 'content' => '<p style="text-align: justify;">May 11: Janata Bank has started branchless banking in four VDCs of Darchula District. The bank has started branchless banking services in collaboration with Sakhchyam Access to Finance under UKAID. Janata Bank is operating Sakhchyam Access to Rural Banking Project in collaboration with Sakhchyam Project. Under the project, the bank is planning to start 50 branchless banking services in the next three years.</p> <p style="text-align: justify;">As per the press release of the bank, the services has been started to end the hardship of local people in getting banking services. The branchless banking service will enable locals in getting secure and convenient banking services within their locality. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3350', 'image' => '20160511124138_darchula.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '3514', 'article_category_id' => '1', 'title' => 'Ncell Aims to become Highest Tax Payer', 'sub_title' => '', 'summary' => 'May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as well.', 'content' => '<p style="text-align: justify;">May 11: Telcom services provider Ncell has announced to become the highest taxpayer in Nepal. The company made the comment after paying approximately Rs 129 billion to the government in the form of fees, royalty and taxes to date. The company claimed that it aims to maintain the lead as the largest tax payer of the country in coming years as well.</p> <p style="text-align: justify;">“As of May 4, Ncell has contributed Rs 128.63 billion to the government,” said Simon Perkins, Managing Director of Ncell. Ncell is the highest taxpayer in Nepal and has contributed steadily to government coffers for FY 2012-13 and FY 2013-14. “In 2014-15 alone, Ncell paid more than NPR 28.6 Billion to the government as tax, royalty and fees,” he mentioned.</p> <p style="text-align: justify;">According to the company, In order to maintain the lead and take the company to the next level, Ncell has announced its largest ever capital expenditure spend of Rs 12 billion for the remainder of 2016, aiming to expand 3G aggressively in rural and remote areas and also to enhance quality in areas where it is already present.</p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3349', 'image' => '20160511122708_ncell.jpg', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '3513', 'article_category_id' => '1', 'title' => 'National Hydro to Pay TDS', 'sub_title' => '', 'summary' => 'May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to 2068/69.', 'content' => '<p style="text-align: justify;">May 11: National Hydropower Company is preparing to pay remaining amount of Tax Deducted at Source (TDS) very soon. “Request has been sent to Internal Revenue Department for tax revaluation. After final decision, TDS will be paid,” says Prakash Rajaure, Managing Director of National Hydropower. Revenue Department had warned to impede company’s operation after taxes outstanding were seen from FY 2065/66 to 2068/69.</p> <p style="text-align: justify;">According to Rajaure, while requesting for tax revaluation earlier, collateral of Rs 10 million has already been kept. Therefore, in final report company expects reduction of Rs 10 million tax liabilities in total liabilities. In such circumstances, company expects tax reduction of Rs 20 million, thus, the remaining Rs 20 million taxes payable will be paid in instalments. Meanwhile, Rajaure clarifies that the loan amount of Rs 160 million taken from Nabil Bank has already been paid.</p> <p style="text-align: justify;">Likewise, Rajaure explains of not having any problem in repayment of loan taken to construct Lower Indrawati Hydropower Project by subsidiary company Sunkoshi Hydro. According to him, loan amount of Rs 200 million have been taken for construction of Indrawati Hydropower in guarantee of National Hydropower. He clarifies that the project do not have any trouble repaying the loan as it has Rs 470 million worth of assets including constructed infrastructure.</p> <p style="text-align: justify;">“Even if the registration of the company is cancelled, assets belong to us. New investor will have to pay for the assets. If we get the chance to build the project, we will repay the loan by income generated through electricity sales,” says Rajaure. The company informs of constructing other projects under investment of National Hydro. </p> ', 'published' => true, 'created' => '2016-05-11', 'modified' => '2016-05-11', 'keywords' => '', 'description' => '', 'sortorder' => '3348', 'image' => '20160511115808_national.JPG', 'article_date' => '2016-05-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '3512', 'article_category_id' => '1', 'title' => 'Ncell Announces Company’s Largest Capex Investment', 'sub_title' => '', 'summary' => 'May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.', 'content' => '<p style="text-align: justify;">May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.</p> <p style="text-align: justify;">“We will be investing around USD 120 million for the remainder of 2016. We will focus the investment in Nepal where it matters – building telecommunications infrastructure for better network and quality coverage, in our aim to serve the people of Nepal for the longer-term,” says Simon Perkins, Managing Director of Ncell.</p> <p style="text-align: justify;">Under the investment plan, Ncell will be expanding its network in remote and rural areas. “It will aim to bolster connectivity and create opportunities for underserved communities in those regions, aside from enhancing network capacity in cities to deliver high-speed internet,” mentions the company.</p> <p style="text-align: justify;">According to NCell MD Perkins, the company will aggressively deploy 3G technology in rural and remote areas. “Our plans are to set-up and establish 218 new sites to reach out to new towns and village development committees this year,” he informs, adding, “214 new sites will be built to address coverage gaps in regions where Ncell is also present. Ncell presently has quality 3G connectivity in 63 districts.”</p> <p style="text-align: justify;">Ncell will spend a sizable amount of investment in building earthquake resistant data centres in Kathmandu Valley. Ncell presently has data centres in Kathmandu, Pokhara, Hetauda and Biratnagar, of which data centres in Pokhara and Hetauda are containerized, and able to withstand high magnitude of earthquake and fire, enabling operations to be activated within an hour, even in worst-case scenarios.</p> <p style="text-align: justify;">“We are focused on building a robust network throughout the country,” Perkins mentioned, adding, “We will work closely with the regulator and the government to fulfil national goals to benefit Nepalese through the use of technology that can bring immediate and impactful results in education, health and mobile financial services.”</p> <p style="text-align: justify;">As per the company, Ncell is also eager to launch 4G services and has requested permission to provide 4G services in the country.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3347', 'image' => '20160510052025_ncell.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '3511', 'article_category_id' => '1', 'title' => 'Agricultural Programs in Provincial Basis', 'sub_title' => 'Integrated Programs for Self Sufficiency of Food and Livestock Production', 'summary' => 'May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning of formatting the programs for coming fiscal year in provincial basis. “Programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “Programs are needed to centralise instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation. ', 'content' => '<p style="text-align:justify">May 10: Prioritising implementation of constitution, the Ministry of Agricultural is planning to formulate programs of coming fiscal year in provincial basis. “The programs for coming fiscal year have been prepared on the basis of possibilities of provincial and local regions,” says Yogendra Kumar Karki, Spokesperson of the Ministry. “The programs need to be centralised instead of distributing randomly to build prosperous Nepal,” he says adding, “Capital formation of the nation and livelihood of farmers did not changed significantly when projects and programs were randomly distributed.” He clarifies that Ministry has stressed on change oriented programs to build self-sufficient nation. </p> <p style="text-align:justify">In the policy and program, issue on self-sufficiency of nation through food and livestock production also acquired an important space. The policy and program also includes issues of food security, commercialisation of agriculture for employment generation within the nation and transformation of agriculture and increase in investment for modernisation and mechanisation of agriculture. In order to achieve the target, it is said that change oriented programs as per geography and environment will be brought based on comparative and competitive benefits. Similarly, programs will be launched to mark coming decade as ‘fruit decade’. Likewise, special programs will be launched by assigning pocket areas for production of foodstuffs, fruits, vegetable and herbs.</p> <p style="text-align:justify"><br /> Similarly, the programs will be centralised in which high mountainous regions will prioritise in production of fruits such as walnuts, apple and olive as well as herbs. Likewise, mid-mountainous regions will focus on production of orange, lemon, Asian pear, tea-coffee, turmeric, ginger and food crops. In the same way, food crops like rice, wheat, maize will be prioritise in tarai regions.</p> <p style="text-align:justify">The government policy encourages mechanisation of agriculture for development of collective and cooperative agriculture. The government plans to provide required agriculture technical services for the implementation of major strategies and programs under 20-years agricultural development strategies. The program and policy also include establishment of social security fund along with farmers’ participation that will covers all farmers.</p> <p style="text-align:justify">The government is also planning to provide subsidised loan in livestock farming to attract youths in agriculture and generate employment and income. Agriculture subsidy will be provided based on task performance and productivity. The government will stress on collective program including establishment of resource centre in each province and construction of Haat bazaars and modern animal slaughter. The program also highlights on broadcasting of agricultural information through mobile phones.</p> <p style="text-align:justify">The government has aimed of ensuring fertilisers, seeds, irrigation, technology and market for agricultural products. The government has planned of expanding accessibility to farmers in agricultural loans and insurance of crops and livestock. The government has also planned to coordinate with cooperatives and private sector for economic and social empowerment of small farmers.</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3346', 'image' => '20160510043008_ministry-of-agriculture.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '3510', 'article_category_id' => '1', 'title' => 'Handicraft Trade Fair Concluded', 'sub_title' => '', 'summary' => 'May 10: The 13th Handicraft Trade Fair and the 11th Competitive Handicraft Exhibition concluded on Monday. According to the organiser, Federation of Handicraft Association of Nepal (FAHN), transactions worth Rs 65 million took place in the five-day event that started on Thursday, May 5. Pashmina, metal and wooden artifacts, silver jewelries, handmade paper goods, woolen items, leather clothes and Thangka were displayed in the fair.', 'content' => '<p style="text-align: justify;">May 10: The 13<sup>th</sup> Handicraft Trade Fair and the 11<sup>th</sup> Competitive Handicraft Exhibition concluded on Monday. According to the organiser, Federation of Handicraft Association of Nepal (FAHN), transactions worth Rs 65 million took place in the five-day event that started on Thursday, May 5. Pashmina, metal and wooden artifacts, silver jewelries, handmade paper goods, woolen items, leather clothes and Thangka were displayed in the fair.</p> <p style="text-align: justify;">Similarly, names of the winners of the Competitive Handicraft Exhibition and the Best Pavilion and Stall were also announced in the event. Rabindra Bajracharya won the first place in the competition while Yogendra Bajracharya and Rupesh Bajracharya were named1<sup>st</sup> runner up and 2<sup>nd</sup> runner up respectively. Likewise, Ajin Tamrakar and Rachana Tamrakar jointly won the first position in the competition of felt craft products. Meanwhile, Mithu Magar and Ramila Tamang were announced 1st runner up and 2<sup>nd</sup> runner respectively. The Best Pavilion Award went to Sabah Nepal and Dhanusa Handicraft Federation was awarded with the Best Stall title.</p> <p style="text-align: justify;">Importers from countries including Bangladesh and China participated in the fair which was visited by around 300,000 visitors. According to FHAN, foreign importers placed orders of handicraft products worth Rs 100 million in the fair.</p> <p style="text-align: justify;"> </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3345', 'image' => '20160510011826_handi.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '3509', 'article_category_id' => '1', 'title' => 'New Branch of Laxmi Bank in Dadeldhura', 'sub_title' => '', 'summary' => 'May 10: Laxmi Bank has started its new branch in Amargadhi, Dadeldhura on May 9. After the opening, the number of branches of the bank has reached 50 while the bank has two extended counters and 65 ATMs. “The bank has aimed to open more branches in the coming days,” informs the bank in a press statement. The bank has been providing any branch, internet and mobile banking services to its customers. According to the bank, it has focused especially on the small commercial loans and commercial agricultural sectors.', 'content' => '<p style="text-align: justify;">May 10: Laxmi Bank has started its new branch in Amargadhi, Dadeldhura on May 9. After the opening, the number of branches of the bank has reached 50 while the bank has two extended counters and 65 ATMs. “The bank has aimed to open more branches in the coming days,” informs the bank in a press statement. The bank has been providing any branch, internet and mobile banking services to its customers. According to the bank, it has focused especially on the small commercial loans and commercial agricultural sectors.</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3344', 'image' => '20160510115232_laxmi.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '3508', 'article_category_id' => '1', 'title' => ' NIC Asia to Get Digital Signature', 'sub_title' => '', 'summary' => 'May 10: Nepal Certifying Company (NCC) has completed an agreement with NIC Asia Bank to provide Digital Signature Certificate (DSC). The agreement has listed NIC bank in the list of financial institutions providing DSC service. NIC Asia is one of the few banks that run on the principle of paperless business automation. “The availability of DSC service will help the bank to provide daily services fully paperless as well as reliable services to the customers,” informs the bank in a press statement. “It is our pleasure to provide DSC to one of the nationally reputed bank,” says Biplav Man Singh, Chairman of NCC, adding, “The agreement will strengthen our plan of implementing DSC across the country.”', 'content' => '<p style="text-align: justify;">May 10: Nepal Certifying Company (NCC) has completed an agreement with NIC Asia Bank to provide Digital Signature Certificate (DSC). The agreement has listed NIC bank in the list of financial institutions providing DSC service. NIC Asia is one of the few banks that run on the principle of paperless business automation. “The availability of DSC service will help the bank to provide daily services fully paperless as well as reliable services to the customers,” informs the bank in a press statement. “It is our pleasure to provide DSC to one of the nationally reputed bank,” says Biplav Man Singh, Chairman of NCC, adding, “The agreement will strengthen our plan of implementing DSC across the country.”</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3343', 'image' => '20160510112117_nc.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '3507', 'article_category_id' => '1', 'title' => 'Remit Agreement between Prabhu Money Transfer and Nepal Sewa Microfinance', 'sub_title' => '', 'summary' => 'May 10: Prabhu Money Transfer and Nepal Sewa Microfinance Finance Ltd has finalise a remittance agreement. Rameshwor Sapkota, Deputy General Manager of Prabhu Money Transfer and Subin Kaji Shrestha, Acting Executive Chief of Nepal Sewa Microfinance has signed the agreement on behalf of their respective organisation.', 'content' => '<p style="text-align:justify">May 10: Prabhu Money Transfer and Nepal Sewa Microfinance Finance Ltd has finalise a remittance agreement. Rameshwor Sapkota, Deputy General Manager of Prabhu Money Transfer and Subin Kaji Shrestha, Acting Executive Chief of Nepal Sewa Microfinance has signed the agreement on behalf of their respective organisation.</p> <p style="text-align:justify">At present, Nepal Sewa Microfinance has obtained an approval to operate in Sindhupalchowk, Rasuwa and Nuwakot districts. The microfinance is preparing to start its operation from 6 branches right now. Similarly, headquartered in Fatakshila, Sindhupalchowk, customers of microfinance resided in Fatakshila, Gyalthum, Irkhu, Jalbire and Dhikure of Nuwakot and Betrawati of Rasuwa could get remittance services of Prabhu Money transfer.</p> ', 'published' => true, 'created' => '2016-05-10', 'modified' => '2016-05-10', 'keywords' => '', 'description' => '', 'sortorder' => '3342', 'image' => '20160510104446_prabhu.jpg', 'article_date' => '2016-05-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3506', 'article_category_id' => '1', 'title' => 'Nepali Products in International Expo ', 'sub_title' => '', 'summary' => 'May 9: Nepal The Collection Pvt Ltd is going to participate in the international expo to be held in Affordable Shopping Destination (ASD) Market, Las Vegas. The company has already appeared in three previous editions of the expo.', 'content' => '<p style="text-align: justify;">May 9: Nepal The Collection Pvt Ltd is going to participate in the international expo to be held in Affordable Shopping Destination (ASD) Market, Las Vegas. The company has already appeared in three previous editions of the expo.</p> <p style="text-align: justify;">“Nepali products like handicrafts, pashmina, silver jewelries, organic products, thangka, wooden crafts, garments and many others will be showcased in the expo utilizing the recent tariff free access policy announced by the US government in certain Nepali products,” informs Juni Bajracharya, Representative of ASD for Nepal. In the exhibition, customers will also pay or the price of handicraft products, their design and concepts.</p> <p style="text-align: justify;">Nepali stalls are expected to be visited by more than 40 thousand visitors. “Nepali businessmen living in US will also buy product sample for prospective orders,” informs Bajracharya. The expo will also help entrepreneurs to find the importers. The fair which has been running since 55 years will host the participants of 95 countries. 2,700 companies will be participating in the expo that will have more than 45,000 stalls.</p> <p style="text-align: justify;">According to entrepreneurs, Nepali products are liked by buyers from different countries with the demand of handmade products increasing particularly. “It will be good if Nepali exporters can maintain the quality of their products,” says Stephen Styagaliyano, International Business Development Manager of ASD expo. “Although the market of Chinese products is better in the wholesale market, Nepal is still number one in art and craft design,” he mentions, adding, “The interest of buyers is inclined towards the handmade products rather than machine made ones.”</p> <p style="text-align: justify;">According to Nepal The Collection, which had put two, three and five stalls in first, second and third editions of the expo respectively, the participation of more than twenty Nepali entrepreneurs has been fixed. In this edition of the expo, Nepal will have 1o stalls.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-05-09', 'modified' => '2016-05-09', 'keywords' => '', 'description' => '', 'sortorder' => '3341', 'image' => '20160509051419_ame.jpg', 'article_date' => '2016-05-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3505', 'article_category_id' => '1', 'title' => 'Jagdamba Cement Concludes, “Consumer Oriented Training and Meet”', 'sub_title' => '', 'summary' => 'May 9: Jagdamba Cement has organised a “Consumer Oriented Training and Meet” to provide the technical knowledge needed for construction of safe and long-lasting structures for its consumers at Boudha Chabahil on May 8. The company informs in its press release that Jagdamba Cement’s veteran technician Sunil Paudel provided the training to over 150 masons and contractors in the specialized training program. “Jagdamba cement, with its vast network, consistency and quality products has been conducting this kind of training to educate its customers with the proper and scientific way of using their product. The company will be organizing similar events across the country for engineers and construction companies too in the future,” says Mr. Roshan Pathak coordinator and sales manager of the company.', 'content' => '<p style="text-align: justify;">May 9: Jagdamba Cement has organised a “Consumer Oriented Training and Meet” to provide the technical knowledge needed for construction of safe and long-lasting structures for its consumers at Boudha Chabahil on May 8. The company informs in its press release that Jagdamba Cement’s veteran technician Sunil Paudel provided the training to over 150 masons and contractors in the specialized training program. “Jagdamba cement, with its vast network, consistency and quality products has been conducting this kind of training to educate its customers with the proper and scientific way of using their product. The company will be organizing similar events across the country for engineers and construction companies too in the future,” says Mr. Roshan Pathak coordinator and sales manager of the company.</p> <p style="text-align: justify;">According to the press release, Mr. Jaganath Dahal, the brand manager of Jagdamba Cement has highlighted other consumer oriented programs that the company has been conducting keeping in mind the brand’s responsibility towards the society. Continuing the tradition, the company has launched Jagdamba Insurance Campaign in the current fiscal year with the motto: “Majbuti ra Bima, Surakshya Dui Guna”. Dahal also assured of complete support and contribution to the government on rebuilding process on behalf of the company. </p> ', 'published' => true, 'created' => '2016-05-09', 'modified' => '2016-05-09', 'keywords' => '', 'description' => '', 'sortorder' => '3340', 'image' => '20160509051120_jagdamba.jpg', 'article_date' => '2016-05-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3504', 'article_category_id' => '1', 'title' => 'San Miguel Organising Pool Party on May 14', 'sub_title' => '', 'summary' => 'May 9: San Miguel beer is organizing a summer pool party titled "San Miguel Luscious Wet Destination" on Saturday, 14 May, at Hotel Shahanshah. San Miguel has been carrying the thematic of "Halka Ramailo-awastha", a campaign that targets towards friendship and togetherness. To go along with the essence of friendship in the summer time, San Miguel has been organising pool parties where friends come together and enjoy to their fullest. As per the press statement, the program will feature singers Sugam Pokharel and Nawaj Ansari as Showstoppers along with artists like DJ Rupesh, Azen, Freestyle Brodaz, and DJ Kishmat.', 'content' => '<p style="text-align:justify">May 9: San Miguel beer is organizing a summer pool party titled "San Miguel Luscious Wet Destination" on Saturday, 14 May, at Hotel Shahanshah.</p> <p style="text-align:justify">San Miguel has been carrying the thematic of "Halka Ramailo-awastha", a campaign that targets towards friendship and togetherness. To go along with the essence of friendship in the summer time, San Miguel has been organising pool parties where friends come together and enjoy to their fullest. As per the press statement, the program will feature singers Sugam Pokharel and Nawaj Ansari as Showstoppers along with artists like DJ Rupesh, Azen, Freestyle Brodaz, and DJ Kishmat.</p> <p style="text-align:justify">"San Miguel has been associated with friendship since long and I am very excited with this second phase of our campaign. We are confident that the event will go along with the long-held association of the brand with friendship,” says Baibhav Sharma, Head of Marketing at Gorkha Brewery in the press statement. </p> ', 'published' => true, 'created' => '2016-05-09', 'modified' => '2016-05-09', 'keywords' => '', 'description' => '', 'sortorder' => '3339', 'image' => '20160509045146_san.jpg', 'article_date' => '2016-05-09 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
