September 29: The government is preparing to enter into bilateral air service agreements with three nations, including Switzerland, with the aim of expanding Nepal's international flight…
September 29: The government is preparing to enter into bilateral air service agreements with three nations, including Switzerland, with the aim of expanding Nepal's international flight…
September 29: Members of Parliament have urged the government to remain vigilant about exorbitant price hike and black marketing of daily essentials including sugar as the major festivals such as Dashain and Tihar approaches. …
eptember 29: British-Irish actor Michael Gambon, best known for playing Albus Dumbledore in six of the eight "Harry Potter" films, has died in hospital aged 82, his family announced…
September 29: Manang Beverages recently launched the Manang Valley Wine at launch event in Manang’s Sabje Lake, 3500 meters above the sea level.…
September 29: The Securities Board of Nepal (SEBON) is preparing to take action against the Nepal Stock Exchange (NEPSE) regarding the issue of Transaction Management System…
September 29: A total of 610 medals have been distributed to the players in the ongoing Asia Games as of Thursday.…
The Civil Aviation Authority of Nepal (CAAN) has banned the operation of 'AS-350 B 3 E' helicopters belonging to two airline companies, Shree Airlines and Fishtail Airlines. This action has been taken due to serious violations of aviation…
A landslide has obstructed the Kaligandaki corridor road. The road has been completely closed since last night after a huge landslide fell on the Ridi-Rudrabeni road section under the Kaligandaki corridor, said the district police office,…
September 28: Investors from 57 different countries have injected Foreign Direct Investment (FDI) in…
September 28: Non-life insurance companies earned insurance premiums of Rs 3.3 billion in the Nepali month of Bhadra (mid-August to mid-September) in the current fiscal year…
September 28: Nepal Rastra Bank has increased the daily limit for gold…
September 28: The National Conclave on Water Supply, Sanitation and Hygiene (WASH) concluded on Wednesday, issuing a 20-point declaration with commitments to achieving the national goals of sustainable…
September 27: The Investment Board, Nepal has signed an agreement with a Malaysian company to conduct a feasibility study for the establishment of a chemical fertilizer factory in…
The Furniture and Furnishing Expo 2023 commenced on September 27 at the Bhrikutimandap exhibition…
September 27: World champion swimmer Zhang Yufei sent a major message to her Paris 2024 rivals on Wednesday at the Asian Games as Nepal smashed multiple records in…
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', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 29: The government is preparing to enter into bilateral air service agreements with three nations, including Switzerland, with the aim of expanding Nepal's international flight connectivity. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Ministry of Culture, Tourism, and Civil Aviation, Nepal has already signed bilateral air service agreements with 40 countries, with Australia being the latest addition. The government has already completed the paper works to add Switzerland, Indonesia, and Rwanda to this list. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chief of the Civil Aviation Division and Joint Secretary at the ministry, Buddhi Sagar Lamichhane, said they anticipate the draft of the agreement to be endorsed by the Council of Ministers soon. The location and timing for the formal signing of the agreements will be decided later. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that Nepal and Switzerland principally agreed for a bilateral air connectivity during the 41st Session of the International Civil Aviation Organisation (ICAO) Assembly held in September 27 – October 7, 2022 in Montreal, Canada. Both countries observed the signing the MoU to this regard, according to Civil Aviation Authority of Nepal (CANN). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal is also exploring the possibility of MoUs for air connectivity with various other nations, including Indonesia. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Bilateral aviation agreements are considered vital instruments of a nation's foreign diplomacy, and the government is promoting such agreements. Nepal's international flight service system already includes over 20 destinations. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">These agreements not only enhance structural relations with respective countries but also strengthen bilateral ties. Furthermore, it's important to note that these agreements are based on the standards set by the International Civil Aviation Organization (ICAO), Lamichhane added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the government is in the process of reviewing the agreements with Kuwait and the United Arab Emirates (UAE). This review has been proposed by Kuwait and the UAE themselves. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As part of its policies and programs for the current fiscal year, the government has announced its commitment to establishing new aviation relationships and expanding international flights. The European Union,, however, has banned airline companies of Nepal from flying on its airspace citing poor aviation standards. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18853', 'image' => '20230929025251_naccccc.jpg', 'article_date' => '2023-09-29 14:52:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '19123', 'article_category_id' => '1', 'title' => 'Lawmakers Draw Government’s Attention to Curb Inflation, Black Marketing ', 'sub_title' => '', 'summary' => 'September 29: Members of Parliament have urged the government to remain vigilant about exorbitant price hike and black marketing of daily essentials including sugar as the major festivals such as Dashain and Tihar approaches. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 29: Members of Parliament have urged the government to remain vigilant about exorbitant price hike and black marketing of daily essentials including sugar as the major festivals such as Dashain and Tihar are just around the corner. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A majority of the parliamentarians attending the meeting of the Public Account Committee under the House of Representatives this week said artificial shortage of daily consumable goods could be created during the festivals and thus brought this matter to the attention of the government. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lawmaker Gokul Prasad Banskota emphasized the need of ensuring people's right to avail the daily essentials at an affordable price. He claimed that the shortage of sugar in the market, especially during the festivel season, was due to giving select persons privileges for the manufacturing and importing essential items. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Rajendra Prasad Lingden appealed to the government to pay timely attention to the plight of the consumers who were bearing the brunt of black marketing and inflation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Achyut Mainali and Dev Prasad Timalsina expressed concern over the undue advantage that were being taken by middlemen at the expense of genuine farmers when it came to chemical fertilizers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Arjun Narshing KC urged the government to take necessary steps as the general public were bearing the brunt of black marketeering of food items as the festive season approaches. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Ram Krishna Yadav demanded strict actions against those business persons involved in hoarding food items, thereby leaving consumers at the lurch. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lekhnath Dahal requested the committee members to take stock of the complaints and status of implementation of the decisions in the past to increase the effectiveness of the committee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Shyam Ghimire questioned how long would the public corporations sustain with the grants and subsidies provided by the government due to their bleak financial conditions. He demanded effective market monitoring to curb the black marketing of the daily consumable items. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Manish Jha called for making the discussions of the committee public with the use of social media. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18852', 'image' => '20230929021540_20210812011140_Price Hike.jpg', 'article_date' => '2023-09-29 14:14:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '19124', 'article_category_id' => '1', 'title' => ''Harry Potter' Character Dumbledore Dies Aged 82 ', 'sub_title' => '', 'summary' => 'eptember 29: British-Irish actor Michael Gambon, best known for playing Albus Dumbledore in six of the eight "Harry Potter" films, has died in hospital aged 82, his family announced Thursday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 29: British-Irish actor Michael Gambon, best known for playing Albus Dumbledore in six of the eight "Harry Potter" films, has died in hospital aged 82, his family announced Thursday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Gambon won four television BAFTAs and an Olivier award during a decades-spanning acting career across television, film, radio and theatre, which was capped by his beloved role as the headmaster of the wizarding school Hogwarts in the Potter series. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"We are devastated to announce the loss of Sir Michael Gambon," a statement issued on behalf of his family said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Beloved husband and father, Michael died peacefully in hospital with his wife Anne and son Fergus at his bedside, following a bout of pneumonia." </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Gambon, born in Ireland, began his illustrious acting career in theatre, making his first appearance on stage in a production of "Othello" at the Gates Theatre in the Irish capital Dublin in 1962. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He became well known in Britain for playing a French detective in the ITV series "Maigret", and for his 1986 role as Philip Marlow in screenwriter Dennis Potter's "The Singing Detective". </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He put in a memorable performance in the BBC's 2015 adaptation of JK Rowling's "The Casual Vacancy", while his theatre credentials include appearances in Alan Ayckbourn's "The Norman Conquests", "The Life Of Galileo" and Nicholas Hytner's National Theatre productions of "Henry IV". </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Film roles included in period dramas such as 2010's "The King's Speech" and 2001's "Gosford Park". </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">But he won global acclaim for his performances as Dumbledore in the wildly popular "Harry Potter" films, beginning with 1997's "Harry Potter and the Philosopher's Stone". </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Gambon was knighted for his contribution to the entertainment industry in 1998. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Tributes began to pour in following news of his death. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"I'm so sad to hear that Michael Gambon has died," former Top Gear presenter Jeremy Clarkson said on social media, recalling that the actor was such a "tremendous guest" he had a corner named after him on the BBC show's race track. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"He was hugely amusing, and such a tremendous guest, we even named a corner after him." – AFP/RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18851', 'image' => '20230929023711_HP-F6-half-blood-prince-dumbledore-office-memory-cabinet-web-landscape.jpg', 'article_date' => '2023-09-29 14:36:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '19122', 'article_category_id' => '1', 'title' => 'Manang Beverage launches Manang Valley Wine at 3500 Meters ', 'sub_title' => '', 'summary' => 'September 29: Manang Beverages recently launched the Manang Valley Wine at launch event in Manang’s Sabje Lake, 3500 meters above the sea level. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 29: Manang Beverages recently launched the Manang Valley Wine at launch event in Manang’s Sabje Lake, 3500 meters above the sea level. The company launched two premium apple wines with the aim to uplift the contribution of local farmers of Manang Valley. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">A team of journalists, along with actress Swastima Khadka joined the unveiling program at Manang, marking the “highest” altitude for a product launch on September 27. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“We are thrilled to introduce the Manang Valley Wine, which encapsulates the pure</span> <span style="font-family:"Arial","sans-serif"">essence of the Himalayas. Utilizing state-of-the-art technology, we have artfully</span> <span style="font-family:"Arial","sans-serif"">transformed locally grown apples into a truly exquisite wine. We firmly believe that</span> <span style="font-family:"Arial","sans-serif"">Nepalese consumers, accustomed to foreign wines, will fall in love with the</span> <span style="font-family:"Arial","sans-serif"">enchantment of Manang Valley with every sip," said Aashraya Ranjitkar, managing director of Manang Valley Wine. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Ranjitkar is the third-generation win maker of his family and has partnered with Yuvaraj Gurung, a native of Manang and a third-generation apple farmer. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“The incredible journey of the Manang Valley Wine makes it truly exciting for us, along with its exquisite taste,” Ranjitkar added.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The manufacturers express that every bottle of wine is a labour of love, a fusion of tradition and innovation, and a tribute to the rich heritage of Manang. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Manang Valley Wine not only represents the pinnacle of Nepali wine-making expertise but also demonstrates that it is possible to craft world-class products from local resources, said the manufacturers. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">According to the company, the launch at a mesmerising location aims to play a pivotal role in Manang's economic growth, offering a unique identity beyond its status as a renowned tourist destination. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The company said its distinctive taste, resulting from the perfect fusion of nature and culture, sets the wine apart as an unrivalled</span> <span style="font-family:"Arial","sans-serif"">gem in the world of fine beverages.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The two versions of Manang Valley Wine come in sweet and semi-sweet taste and are now available across the department store in Kathmandu at Rs 1025, Ranjitkar added.<strong> </strong></span></span></span></p> <p><br /> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18850', 'image' => '20230929011111_IMG_20230927_112548.jpg', 'article_date' => '2023-09-29 13:10:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '19121', 'article_category_id' => '1', 'title' => 'Securities Board Preparing to Take Action against NEPSE', 'sub_title' => '', 'summary' => 'September 29: The Securities Board of Nepal (SEBON) is preparing to take action against the Nepal Stock Exchange (NEPSE) regarding the issue of Transaction Management System (TMS).', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 29: The Securities Board of Nepal (SEBON) is preparing to take action against the Nepal Stock Exchange (NEPSE) regarding the issue of Transaction Management System (TMS).</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Informing that a meeting of the board management committee of SEBON decided to take action against NEPSE, Chairman of the board Ramesh Kumar Hamal said that they have sought an explanation from NEPSE on this matter. Hamal said that NEPSE will be given 15 days for submitting a written explanation. He added that the board will take legal action if the explanation is not satisfactory.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Hamal made it clear that action will be taken against anyone found guilty in sensitive matters related to securities transactions. Hamal clarified that although both the SEBON and NEPSE are government agencies, this is the first time one government agency is preparing to take action against the other involved in the share market.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The board claimed that sensitive data of the securities market is within the reach of a particular company. Currently, the TMS and NEPSE Online Transaction System (NOTS) developed by YCO Company are in operation for managing the transactions of the secondary market of securities. The board decided to take action against NEPSE and asked for an explanation because all the details of the investors of the secondary market have been accessed by the private company YCO.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Although NEPSE received a letter from the board on September 24, the letter was not opened as Chief Executive Officer Krishna Bahadur Karki was out of the country for an event. NEPSE information officer Murahari Parajuli informed that the letter will be opened only after the chief executive officer is present at the office and the necessary action will taken.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In recent days, the board has stepped up efforts to take action in order to regulate the secondary market. Only a few days ago, the board took action against Care Ratings Nepal imposing a cash fine. The board imposed a cash fine of Rs 50,000 after it was found that the rating company was involved in rating against the law. This was the first incident where the board took action against the rating company. Apart from this, the board has also taken action against various broker companies, institutional investors and merchant bankers.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18849', 'image' => '20230929122607_Sebon-update.jpg', 'article_date' => '2023-09-29 12:25:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '19120', 'article_category_id' => '1', 'title' => 'Nepal Fails to Secure Medals in the 19th Asian Games', 'sub_title' => '', 'summary' => 'September 29: A total of 610 medals have been distributed to the players in the ongoing Asia Games as of Thursday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 29: A total of 610 medals have been distributed to the players in the ongoing Asia Games as of Thursday. Runaway leader China tops the medals tally with 169 medals including 91 gold, 52 silver and 26 bronze medals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">South Korea is a distant second with 86 medals including 24 gold, 23 silver and 39 bronze medals followed by Japan with 18 gold medals, 30 silver and 31 bronze medals. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Nepal, on the other hand, has performed poorly in the sports extravaganza and remains without any medal on the sixth day of the event. Nevertheless, Nepal is expected to win medals in e-sports, badminton and men's cricket tournament in which the national team smashed several world records in its comprehensive win against Mongolia on Wednesday. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Uzbekistan is in the fourth position with 6 gold medals, 10 silver and 15 bronze. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, India has so far secured 6 gold medals, eight silver and 11 bronze, to stay in the fifth position in the 19th Asian Games underway in Hangzhou City of China. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Thailand has got six gold medals, Hong Kong Special Administrative Region of China has five gold medals and Chinese Taipei has won four gold medals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Of the 45 participating countries, 33 countries have managed to bag the medals in the Asian Games which kicked off on Sunday. </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18848', 'image' => '20230929114154_XxjpseE007751_20230923_PEPFN1A001.JPG', 'article_date' => '2023-09-29 11:40:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '19119', 'article_category_id' => '1', 'title' => 'Shree Airlines and Fishtail Airlines Banned to Fly Helicopters', 'sub_title' => '', 'summary' => 'The Civil Aviation Authority of Nepal (CAAN) has banned the operation of 'AS-350 B 3 E' helicopters belonging to two airline companies, Shree Airlines and Fishtail Airlines. This action has been taken due to serious violations of aviation regulations.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">September 28: The Civil Aviation Authority of Nepal (CAAN) has banned the operation of 'AS-350 B 3 E' helicopters belonging to two airline companies, Shree Airlines and Fishtail Airlines. This action has been taken due to serious violations of aviation regulations.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">CAAN grounded these helicopters saying that they had violated aviation rules by conducting flights in adverse weather condition in the Lukla region. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> Gyanendra Bhul, Information Officer at CAAN, said that three helicopters owned by these two airlines were banned from flying due to their non-compliance with the requirement to remain grounded during adverse weather conditions.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">These helicopters were observed conducting flights when the visibility was significantly less than the prescribed minimum of 100 meters, a clear violation of Visual Flight Rules (VFR). (RSS) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18847', 'image' => '20230929055844_collage (9).jpg', 'article_date' => '2023-09-29 05:57:20', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '19118', 'article_category_id' => '1', 'title' => 'Kaligandaki Corridor Road Blocked by Landslide', 'sub_title' => '', 'summary' => 'A landslide has obstructed the Kaligandaki corridor road. The road has been completely closed since last night after a huge landslide fell on the Ridi-Rudrabeni road section under the Kaligandaki corridor, said the district police office, Gulmi.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">September 28: A landslide has obstructed the Kaligandaki corridor road. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The road has been completely closed since last night after a huge landslide fell on the Ridi-Rudrabeni road section under the Kaligandaki corridor, said the district police office, Gulmi. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As a result of the road obstruction, passengers and vehicles heading to Palpa, Butwal and other destinations from the area have been stranded. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Last night, a landslide with a huge rock fell at Bishnupanjar near Ridi bazaar under Ruruchhetra Rural Municipality, blocking the road, said the police. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Upon receiving the information about the landslip, a team led by Inspector Anil Thapa from the Area Police Office, Ridi, has been working at the incident site since today morning to clear debris and open the road, it has been said.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Removing debris with the help of an excavator is underway, said Yadu Gyawali, chairperson of Ruruchhetra Rural Municipality. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The road leading to Burtibang of Baglung district through Ridi-Rudrabeni-Wamitaksar is busy all the time with the highest number of vehicles plying all the time. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Repair is underway to open the blocked road as soon as possible, said Chief District Officer Tek Bahadur KC. (RSS) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18846', 'image' => '20230928050100_collage (8).jpg', 'article_date' => '2023-09-28 16:59:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 8 => array( 'Article' => array( 'id' => '19117', 'article_category_id' => '1', 'title' => 'Nepal Receives Foreign Direct Investment worth Rs 264 Billion', 'sub_title' => '', 'summary' => 'September 28: Investors from 57 different countries have injected Foreign Direct Investment (FDI) in Nepal.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">September 28: Investors from </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">57</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> different countries have injected Foreign Direct Investment (FDI) in Nepal. So far, foreign investors have bankrolled Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">264</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">32</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">billion in various sectors such as agriculture, industry, and services in Nepal. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the 'Survey Report on Foreign Direct Investment </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2078/79</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">' published by Nepal Rastra Bank on Wednesday, Nepal received FDI in sectors such as agriculture, forestry, fisheries, construction, electricity, gas, manufacturing sector, mining, tourism, education, finance and insurance, human health and social work, information and communication, transportation and other sectors.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">As of the end of FY </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2078/79</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, the total amount of foreign investment in Nepal constitutes Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">38</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">58</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion as loans, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">83</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">78</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion as reserve and Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">141</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif""> 96</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion as paid-up capital.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the central bank, the total foreign direct investment as of FY </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2077/78</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">stood at Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">227</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">94</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">billion. Based on this report, it has been seen that foreign investment has increased in the country by Rs around Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">37</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion by the time of the survey</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">.</span></span> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank selected </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">231</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> companies which received FDI for survey in the review year.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">While publishing the survey report on Wednesday, Nepal Rastra Bank, mentioned that the highest amount of investment came from India.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">India, China, Ireland, Singapore and St Kitts and Nevis are among the top five countries investing in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The survey showed that a large part of the foreign investment was used in the industrial sector. The report pointed out that </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">62.6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the total investment was made in the industrial sector and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">37.3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the investment in the service sector. Within the industrial sector, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">32.8</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the investment was made in the hydropower sector and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">29.5</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent in the production sector. According to the report, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">25.6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the total investment was made in banks and financial institutions and insurance companies under the service sector.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Central Bank has stated that the capacity utilization of foreign investment companies operating in Nepal is </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">71.1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Also, the report mentions that the profit rate of such companies is </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14.3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Bagmati Province has the highest foreign investment in the country. This province accounts for </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">55.4</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the total foreign investment.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The lowest FDI is in Karnali Province. According to the report, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">0.02 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent of the total foreign investment in the country is made in Karnali Province. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Other major investors include Australia, South Korea, the United Arab Emirates, America, the Netherlands, Hong Kong, the UK, Pakistan, Bangladesh, British Virgin Iceland, Norway, Japan, Bermuda, Mauritius, Malaysia, Brunei, Sri Lanka etc.</span></span></span></span></p> <p> </p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18845', 'image' => '20230928012136_Foreign investment.jpg', 'article_date' => '2023-09-28 13:20:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '19116', 'article_category_id' => '1', 'title' => 'Business of Non-Life Insurance Companies Slumps', 'sub_title' => '', 'summary' => 'September 28: Non-life insurance companies earned insurance premiums of Rs 3.3 billion in the Nepali month of Bhadra (mid-August to mid-September) in the current fiscal year (FY).', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">September 28: Non-life insurance companies earned insurance premiums of Rs 3.3 billion in the Nepali month of Bhadra (mid-August to mid-September) in the current fiscal year (FY). This figure is 8.8 percent less than the premiums collected in the corresponding period of last FY.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the Nepal Insurance Authority, the companies collected Rs 3.39 billion in insurance fees in mid-August to mid-September 2023. Experts in the insurance sector say that there is no progress in the insurance business at present.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the review month, non-life insurance companies have issued 195,257 insurance policies worth Rs 835 billion. As of mid-September in the current FY, insurance companies have collected Rs 7.8 billion in insurance fees. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chunky Chhetri, president of Nepal Insurers Association and Chief Executive Officer of Sagarmatha Lumbini Insurance Company, says that there is currently no growth in the insurance sector.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">"The chain effect of the recession has also affected the insurance sector," he said, adding, "Currently the vehicle business has not been able to gain pace."</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to Chhetri, imports-exports have also decreased. There is also a situation where banks and financial institutions have not been able to invest. Its chain effect has fallen on non-life insurance business.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Two small non-life insurance companies, which have been operating since last July, earned Rs 300,000 in insurance fees in the review month. In the review month, Nepal Micro Insurance Company Limited collected Rs 213, 000 and Protective Micro Insurance Company Limited collected 87,000 in insurance fees. The two insurance companies issued 87 insurance policies worth Rs 12.16 million.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Naresh Kumar Rokka, Chief Executive Officer of Rotative Micro Insurance, says that his company is currently expanding its services. According to Rokka, the company is planning to expand 15 branches in all seven provinces before Dashain.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18844', 'image' => '20230928010043_1695866167.1693207181.jpg', 'article_date' => '2023-09-28 13:00:05', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '19115', 'article_category_id' => '1', 'title' => 'NRB Doubles the Daily Limit for Gold Import, Banks can Now Import 20 kg Gold Per Day', 'sub_title' => '', 'summary' => 'September 28: Nepal Rastra Bank has increased the daily limit for gold import.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">September 28: Nepal Rastra Bank has increased the daily limit for gold import. The central bank increased the gold import quota on Wednesday by amending the Integrated Circular-2079.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The NRB has mentioned in the circular that the daily limit for gold import has been fixed at 20 kg in accordance with section 4 (a) of Gold Import and Sale Distribution Procedure, 2068. This is twice the previous quota.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Two years ago, the central bank had restricted the daily gold import quota to 10 kg in order to maintain the foreign currency reserves following the outbreak of the coronavirus pandemic which affected the world market.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Since then, the gold traders have been time and again requesting the government to increase the gold import limit saying that they could not meet the demand with the allotted quota.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In Nepal, only commercial banks are allowed to import gold for business purpose. The commercial banks have been importing gold and selling it to businessmen according to the quota fixed by the central bank.</span></span></span></span></p> <p> </p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18843', 'image' => '20230928124730_1695819834.jpg', 'article_date' => '2023-09-28 12:46:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '19114', 'article_category_id' => '1', 'title' => 'National Conclave on WASH Concludes, Issuing 20-Point Kathmandu Declaration ', 'sub_title' => '', 'summary' => 'September 28: The National Conclave on Water Supply, Sanitation and Hygiene (WASH) concluded on Wednesday, issuing a 20-point declaration with commitments to achieving the national goals of sustainable development.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 28: The National Conclave on Water Supply, Sanitation and Hygiene (WASH) concluded on Wednesday, issuing a 20-point declaration with commitments to achieving the national goals of sustainable development. The Declaration aims to promote the principles of sustainability, inclusion, equity and global access in WASH services. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The two-day event hosted by the Ministry of Water Supplies highlighted the significant contributions of WASH services to public health, environmental sustainability, social development and so on. The Declaration insists on the importance of coordination, collaboration, and regional partnerships in strengthening the capacity for wider, equitable, and sustainable WASH service system. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It has called for incorporating the recommendations made during the Conclave in sectorial development endeavors, development strategies and periodic plans in the concerned sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Underlining the need for comprehensive planning, enhanced regulation of WASH services at all levels, and capacity building of service providers, the Declaration highlights the importance of improved intergovernmental coordination among the three-tier government to ensure better services. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It stressed the need for gender equality and social inclusion in WASH sector, calling for implementing measures to conserve water resources through integrated water resource management, groundwater recharge, and early warning systems for flood and drought preparedness in urban and rural areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Declaration recommended preparing a sustainable economic draft and WASH financial strategies to advance towards the Sustainable Development Goals and ensure the security of investments in the WASH sector. It proposed aligning WASH investments with inclusive, green, and flexible development principles and implementing WASH programmes capable of addressing climate change and disaster-related issues. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In addition, advocating for the improvement of the professional rights and security of frontline sanitation workers, the event stressed the need for ensuring inter-sectorial cooperation among the three-tier government in the WASH sector, with proper utilization of communication systems. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The event was attended by over 200 people including the representatives from the three-tier government, from the private and non-government sectors, civil society, experts and the development partners.-- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18842', 'image' => '20230928120326_wash.jpg', 'article_date' => '2023-09-28 12:02:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '19111', 'article_category_id' => '1', 'title' => 'Malaysian Company to Conduct Feasibility Study for Establishing Fertilizer Factory in Nepal', 'sub_title' => '', 'summary' => 'September 27: The Investment Board, Nepal has signed an agreement with a Malaysian company to conduct a feasibility study for the establishment of a chemical fertilizer factory in Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 27: The Investment Board, Nepal has signed an agreement with a Malaysian company to conduct a feasibility study for the establishment of a chemical fertilizer factory in Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">IBN Chief Executive Officer Sushil Bhatta and Re-Nicola's Managing Director Bomhidi Abdelali signed the contract on behalf of their respective organisations amidst a programme on Wednesday. Re-Nicola is a Malaysian company. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a press statement, IBN shared that the board has reached an agreement with the Malaysian company to establish a chemical fertilizer factory to produce green ammonia and calcium ammonium nitrate. As per agreement, Re-Nicola will have to submit a detailed feasibility study report within 24 months of agreement. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The chemical fertilizer factory would be established at Abukhaireni of Tanahu district. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18839', 'image' => '20230928103913_20220624091714_Fertilizer.jpg', 'article_date' => '2023-09-28 10:38:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '19110', 'article_category_id' => '1', 'title' => 'Furniture Expo 2023 Begins at Bhrikutimandap', 'sub_title' => '', 'summary' => 'The Furniture and Furnishing Expo 2023 commenced on September 27 at the Bhrikutimandap exhibition hall.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">September 28: The Furniture and Furnishing Expo 2023 commenced on September 27 at the Bhrikutimandap exhibition hall. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">This event, in its 9th edition, is organized by the Nepal Furniture and Furnishing Association with the primary objective of promoting Nepal's furniture and furnishing market and uniting locally produced goods and services in one convenient location.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Over a hundred stalls featuring furniture and furnishing material sellers, manufacturers, importers, distributors, machinery and technology providers, dealers, and others have been set up at the exhibition.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Entry is free, and the organizers anticipate over 50,000 visitors to attend the expo. Additionally, the exhibition venue offers specialized consulting services for architecture and interior design. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Minister of Industry, Commerce, and Supply, Ramesh Rijal, emphasized the government's commitment to prioritizing policies that boost domestic production, reduce imports, and encourage exports. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He underscored the need to promote the export of handicrafts rooted in Nepal's original art culture and crafted from local raw materials. (RSS)</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18838', 'image' => '20230928061934_collage (7).jpg', 'article_date' => '2023-09-28 06:17:18', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 14 => array( 'Article' => array( 'id' => '19109', 'article_category_id' => '1', 'title' => 'China Swimming Ace Zhang Fires Olympic warning as Nepal Breaks Cricket Records', 'sub_title' => '', 'summary' => 'September 27: World champion swimmer Zhang Yufei sent a major message to her Paris 2024 rivals on Wednesday at the Asian Games as Nepal smashed multiple records in cricket.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 27: World champion swimmer Zhang Yufei sent a major message to her Paris 2024 rivals on Wednesday at the Asian Games as Nepal smashed multiple records in cricket.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to AFP, hosts China lead the medals table with 76 golds, far ahead of South Korea (19) and Japan (15), after adding titles in a range of sports from artistic gymnastics and chess to beach volleyball and swimming.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The home nation and Zhang in particular have been in ominous form in the pool in Hangzhou, with the Paris Olympics coming up fast, just 10 months away, added the French news agency.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The 25-year-old Zhang blasted the fastest time of the year to easily win the 100m butterfly gold, then helped China to come within a whisker of shattering the 4x100m mixed medley relay world record. Zhang, who has already claimed the 200m fly crown in Hangzhou to go with her Olympic gold, surged to the wall in a new Games-record 55.86sec.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">That beat the 56.12 that earned her the world title in July, but she wasn't happy.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"It doesn't feel so good. This wasn't the record I wanted, I wanted the world record," AFP quoted her as saying.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Swedish great Sarah Sjostrom has held the world mark of 55.48 since the 2016 Rio Olympics.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">China took home gold in four of the seven finals on the evening, with Japan (two) and South Korea (one) winning the others.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><strong>Nepal smashes records </strong></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In hazy morning sunshine on day four of the Games, rampant Nepal rewrote the T20 international record books against bewildered part-timers Mongolia in a 273-run thumping in men's cricket.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal bludgeoned 314-3 in their 20 overs, beating the previous highest T20 men's international innings of 278-3 by Afghanistan against Ireland in 2019, added AFP.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Teenager Kushal Malla, batting number three, spearheaded the onslaught by crashing the fastest T20 international century, off 34 balls.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Among the other records they racked up, Dipendra Singh Airee hit a scarcely believable eight sixes in an unbeaten 52 off 10 balls.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The powerful 23-year-old raced to his fifty off nine balls, another T20 world record and one that should stand in perpetuity because it is mathematically impossible to reach the landmark any quicker.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal's 26 sixes in the innings was also the best ever.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Mongolia, whose women's team were bowled out for just 15 at the Asian Games last week, were dismissed for only 41 in 13.1 overs.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Much sterner tests await for Nepal, with India and Pakistan both in the draw although the heavyweights have reportedly sent their B team as their main focus is on the Cricket World Cup.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><strong>Early celebrations </strong></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In another gold rush for hosts China, they won the women's and men's street finals in skateboarding thanks to a couple of teenagers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The 16-year-old Zhang Jie triumphed in the men's and Cui Chenxi, just 13, won the women's. But China did not have it all their own way as Japan won all three golds on offer on the day on the cycling track ahead of the hosts.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Japan sped to victory in women's and men's team pursuit, and in women's keirin.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Japan's Naoki Kojima said he and his teammates were celebrating well before they crossed the line in the men's team pursuit.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In other sports, Chinese table tennis legend Ma Long, 34, said he had almost certainly made his last Asian Games appearance after helping the hosts to men's team gold. Asked about the prospect of defending his Olympic title next year, Ma told AFP: "Paris is still too early to say for me."</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-27', 'modified' => '2023-09-27', 'keywords' => 'Asian, Games, Nepal, China, record, cricket, swimming, Olympics, Zhang, Kushal', 'description' => '', 'sortorder' => '18837', 'image' => '20230927093120_983574-01-02.jpg', 'article_date' => '2023-09-27 21:30:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $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
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', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 29: The government is preparing to enter into bilateral air service agreements with three nations, including Switzerland, with the aim of expanding Nepal's international flight connectivity. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Ministry of Culture, Tourism, and Civil Aviation, Nepal has already signed bilateral air service agreements with 40 countries, with Australia being the latest addition. The government has already completed the paper works to add Switzerland, Indonesia, and Rwanda to this list. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chief of the Civil Aviation Division and Joint Secretary at the ministry, Buddhi Sagar Lamichhane, said they anticipate the draft of the agreement to be endorsed by the Council of Ministers soon. The location and timing for the formal signing of the agreements will be decided later. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that Nepal and Switzerland principally agreed for a bilateral air connectivity during the 41st Session of the International Civil Aviation Organisation (ICAO) Assembly held in September 27 – October 7, 2022 in Montreal, Canada. Both countries observed the signing the MoU to this regard, according to Civil Aviation Authority of Nepal (CANN). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal is also exploring the possibility of MoUs for air connectivity with various other nations, including Indonesia. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Bilateral aviation agreements are considered vital instruments of a nation's foreign diplomacy, and the government is promoting such agreements. Nepal's international flight service system already includes over 20 destinations. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">These agreements not only enhance structural relations with respective countries but also strengthen bilateral ties. Furthermore, it's important to note that these agreements are based on the standards set by the International Civil Aviation Organization (ICAO), Lamichhane added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the government is in the process of reviewing the agreements with Kuwait and the United Arab Emirates (UAE). This review has been proposed by Kuwait and the UAE themselves. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As part of its policies and programs for the current fiscal year, the government has announced its commitment to establishing new aviation relationships and expanding international flights. The European Union,, however, has banned airline companies of Nepal from flying on its airspace citing poor aviation standards. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18853', 'image' => '20230929025251_naccccc.jpg', 'article_date' => '2023-09-29 14:52:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '19123', 'article_category_id' => '1', 'title' => 'Lawmakers Draw Government’s Attention to Curb Inflation, Black Marketing ', 'sub_title' => '', 'summary' => 'September 29: Members of Parliament have urged the government to remain vigilant about exorbitant price hike and black marketing of daily essentials including sugar as the major festivals such as Dashain and Tihar approaches. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 29: Members of Parliament have urged the government to remain vigilant about exorbitant price hike and black marketing of daily essentials including sugar as the major festivals such as Dashain and Tihar are just around the corner. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A majority of the parliamentarians attending the meeting of the Public Account Committee under the House of Representatives this week said artificial shortage of daily consumable goods could be created during the festivals and thus brought this matter to the attention of the government. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lawmaker Gokul Prasad Banskota emphasized the need of ensuring people's right to avail the daily essentials at an affordable price. He claimed that the shortage of sugar in the market, especially during the festivel season, was due to giving select persons privileges for the manufacturing and importing essential items. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Rajendra Prasad Lingden appealed to the government to pay timely attention to the plight of the consumers who were bearing the brunt of black marketing and inflation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Achyut Mainali and Dev Prasad Timalsina expressed concern over the undue advantage that were being taken by middlemen at the expense of genuine farmers when it came to chemical fertilizers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Arjun Narshing KC urged the government to take necessary steps as the general public were bearing the brunt of black marketeering of food items as the festive season approaches. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Ram Krishna Yadav demanded strict actions against those business persons involved in hoarding food items, thereby leaving consumers at the lurch. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lekhnath Dahal requested the committee members to take stock of the complaints and status of implementation of the decisions in the past to increase the effectiveness of the committee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Shyam Ghimire questioned how long would the public corporations sustain with the grants and subsidies provided by the government due to their bleak financial conditions. He demanded effective market monitoring to curb the black marketing of the daily consumable items. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Manish Jha called for making the discussions of the committee public with the use of social media. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18852', 'image' => '20230929021540_20210812011140_Price Hike.jpg', 'article_date' => '2023-09-29 14:14:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '19124', 'article_category_id' => '1', 'title' => ''Harry Potter' Character Dumbledore Dies Aged 82 ', 'sub_title' => '', 'summary' => 'eptember 29: British-Irish actor Michael Gambon, best known for playing Albus Dumbledore in six of the eight "Harry Potter" films, has died in hospital aged 82, his family announced Thursday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 29: British-Irish actor Michael Gambon, best known for playing Albus Dumbledore in six of the eight "Harry Potter" films, has died in hospital aged 82, his family announced Thursday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Gambon won four television BAFTAs and an Olivier award during a decades-spanning acting career across television, film, radio and theatre, which was capped by his beloved role as the headmaster of the wizarding school Hogwarts in the Potter series. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"We are devastated to announce the loss of Sir Michael Gambon," a statement issued on behalf of his family said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Beloved husband and father, Michael died peacefully in hospital with his wife Anne and son Fergus at his bedside, following a bout of pneumonia." </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Gambon, born in Ireland, began his illustrious acting career in theatre, making his first appearance on stage in a production of "Othello" at the Gates Theatre in the Irish capital Dublin in 1962. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He became well known in Britain for playing a French detective in the ITV series "Maigret", and for his 1986 role as Philip Marlow in screenwriter Dennis Potter's "The Singing Detective". </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He put in a memorable performance in the BBC's 2015 adaptation of JK Rowling's "The Casual Vacancy", while his theatre credentials include appearances in Alan Ayckbourn's "The Norman Conquests", "The Life Of Galileo" and Nicholas Hytner's National Theatre productions of "Henry IV". </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Film roles included in period dramas such as 2010's "The King's Speech" and 2001's "Gosford Park". </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">But he won global acclaim for his performances as Dumbledore in the wildly popular "Harry Potter" films, beginning with 1997's "Harry Potter and the Philosopher's Stone". </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Gambon was knighted for his contribution to the entertainment industry in 1998. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Tributes began to pour in following news of his death. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"I'm so sad to hear that Michael Gambon has died," former Top Gear presenter Jeremy Clarkson said on social media, recalling that the actor was such a "tremendous guest" he had a corner named after him on the BBC show's race track. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"He was hugely amusing, and such a tremendous guest, we even named a corner after him." – AFP/RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18851', 'image' => '20230929023711_HP-F6-half-blood-prince-dumbledore-office-memory-cabinet-web-landscape.jpg', 'article_date' => '2023-09-29 14:36:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '19122', 'article_category_id' => '1', 'title' => 'Manang Beverage launches Manang Valley Wine at 3500 Meters ', 'sub_title' => '', 'summary' => 'September 29: Manang Beverages recently launched the Manang Valley Wine at launch event in Manang’s Sabje Lake, 3500 meters above the sea level. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 29: Manang Beverages recently launched the Manang Valley Wine at launch event in Manang’s Sabje Lake, 3500 meters above the sea level. The company launched two premium apple wines with the aim to uplift the contribution of local farmers of Manang Valley. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">A team of journalists, along with actress Swastima Khadka joined the unveiling program at Manang, marking the “highest” altitude for a product launch on September 27. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“We are thrilled to introduce the Manang Valley Wine, which encapsulates the pure</span> <span style="font-family:"Arial","sans-serif"">essence of the Himalayas. Utilizing state-of-the-art technology, we have artfully</span> <span style="font-family:"Arial","sans-serif"">transformed locally grown apples into a truly exquisite wine. We firmly believe that</span> <span style="font-family:"Arial","sans-serif"">Nepalese consumers, accustomed to foreign wines, will fall in love with the</span> <span style="font-family:"Arial","sans-serif"">enchantment of Manang Valley with every sip," said Aashraya Ranjitkar, managing director of Manang Valley Wine. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Ranjitkar is the third-generation win maker of his family and has partnered with Yuvaraj Gurung, a native of Manang and a third-generation apple farmer. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“The incredible journey of the Manang Valley Wine makes it truly exciting for us, along with its exquisite taste,” Ranjitkar added.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The manufacturers express that every bottle of wine is a labour of love, a fusion of tradition and innovation, and a tribute to the rich heritage of Manang. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Manang Valley Wine not only represents the pinnacle of Nepali wine-making expertise but also demonstrates that it is possible to craft world-class products from local resources, said the manufacturers. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">According to the company, the launch at a mesmerising location aims to play a pivotal role in Manang's economic growth, offering a unique identity beyond its status as a renowned tourist destination. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The company said its distinctive taste, resulting from the perfect fusion of nature and culture, sets the wine apart as an unrivalled</span> <span style="font-family:"Arial","sans-serif"">gem in the world of fine beverages.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The two versions of Manang Valley Wine come in sweet and semi-sweet taste and are now available across the department store in Kathmandu at Rs 1025, Ranjitkar added.<strong> </strong></span></span></span></p> <p><br /> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18850', 'image' => '20230929011111_IMG_20230927_112548.jpg', 'article_date' => '2023-09-29 13:10:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '19121', 'article_category_id' => '1', 'title' => 'Securities Board Preparing to Take Action against NEPSE', 'sub_title' => '', 'summary' => 'September 29: The Securities Board of Nepal (SEBON) is preparing to take action against the Nepal Stock Exchange (NEPSE) regarding the issue of Transaction Management System (TMS).', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 29: The Securities Board of Nepal (SEBON) is preparing to take action against the Nepal Stock Exchange (NEPSE) regarding the issue of Transaction Management System (TMS).</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Informing that a meeting of the board management committee of SEBON decided to take action against NEPSE, Chairman of the board Ramesh Kumar Hamal said that they have sought an explanation from NEPSE on this matter. Hamal said that NEPSE will be given 15 days for submitting a written explanation. He added that the board will take legal action if the explanation is not satisfactory.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Hamal made it clear that action will be taken against anyone found guilty in sensitive matters related to securities transactions. Hamal clarified that although both the SEBON and NEPSE are government agencies, this is the first time one government agency is preparing to take action against the other involved in the share market.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The board claimed that sensitive data of the securities market is within the reach of a particular company. Currently, the TMS and NEPSE Online Transaction System (NOTS) developed by YCO Company are in operation for managing the transactions of the secondary market of securities. The board decided to take action against NEPSE and asked for an explanation because all the details of the investors of the secondary market have been accessed by the private company YCO.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Although NEPSE received a letter from the board on September 24, the letter was not opened as Chief Executive Officer Krishna Bahadur Karki was out of the country for an event. NEPSE information officer Murahari Parajuli informed that the letter will be opened only after the chief executive officer is present at the office and the necessary action will taken.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In recent days, the board has stepped up efforts to take action in order to regulate the secondary market. Only a few days ago, the board took action against Care Ratings Nepal imposing a cash fine. The board imposed a cash fine of Rs 50,000 after it was found that the rating company was involved in rating against the law. This was the first incident where the board took action against the rating company. Apart from this, the board has also taken action against various broker companies, institutional investors and merchant bankers.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18849', 'image' => '20230929122607_Sebon-update.jpg', 'article_date' => '2023-09-29 12:25:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '19120', 'article_category_id' => '1', 'title' => 'Nepal Fails to Secure Medals in the 19th Asian Games', 'sub_title' => '', 'summary' => 'September 29: A total of 610 medals have been distributed to the players in the ongoing Asia Games as of Thursday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 29: A total of 610 medals have been distributed to the players in the ongoing Asia Games as of Thursday. Runaway leader China tops the medals tally with 169 medals including 91 gold, 52 silver and 26 bronze medals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">South Korea is a distant second with 86 medals including 24 gold, 23 silver and 39 bronze medals followed by Japan with 18 gold medals, 30 silver and 31 bronze medals. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Nepal, on the other hand, has performed poorly in the sports extravaganza and remains without any medal on the sixth day of the event. Nevertheless, Nepal is expected to win medals in e-sports, badminton and men's cricket tournament in which the national team smashed several world records in its comprehensive win against Mongolia on Wednesday. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Uzbekistan is in the fourth position with 6 gold medals, 10 silver and 15 bronze. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, India has so far secured 6 gold medals, eight silver and 11 bronze, to stay in the fifth position in the 19th Asian Games underway in Hangzhou City of China. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Thailand has got six gold medals, Hong Kong Special Administrative Region of China has five gold medals and Chinese Taipei has won four gold medals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Of the 45 participating countries, 33 countries have managed to bag the medals in the Asian Games which kicked off on Sunday. </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18848', 'image' => '20230929114154_XxjpseE007751_20230923_PEPFN1A001.JPG', 'article_date' => '2023-09-29 11:40:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '19119', 'article_category_id' => '1', 'title' => 'Shree Airlines and Fishtail Airlines Banned to Fly Helicopters', 'sub_title' => '', 'summary' => 'The Civil Aviation Authority of Nepal (CAAN) has banned the operation of 'AS-350 B 3 E' helicopters belonging to two airline companies, Shree Airlines and Fishtail Airlines. This action has been taken due to serious violations of aviation regulations.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">September 28: The Civil Aviation Authority of Nepal (CAAN) has banned the operation of 'AS-350 B 3 E' helicopters belonging to two airline companies, Shree Airlines and Fishtail Airlines. This action has been taken due to serious violations of aviation regulations.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">CAAN grounded these helicopters saying that they had violated aviation rules by conducting flights in adverse weather condition in the Lukla region. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> Gyanendra Bhul, Information Officer at CAAN, said that three helicopters owned by these two airlines were banned from flying due to their non-compliance with the requirement to remain grounded during adverse weather conditions.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">These helicopters were observed conducting flights when the visibility was significantly less than the prescribed minimum of 100 meters, a clear violation of Visual Flight Rules (VFR). (RSS) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18847', 'image' => '20230929055844_collage (9).jpg', 'article_date' => '2023-09-29 05:57:20', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '19118', 'article_category_id' => '1', 'title' => 'Kaligandaki Corridor Road Blocked by Landslide', 'sub_title' => '', 'summary' => 'A landslide has obstructed the Kaligandaki corridor road. The road has been completely closed since last night after a huge landslide fell on the Ridi-Rudrabeni road section under the Kaligandaki corridor, said the district police office, Gulmi.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">September 28: A landslide has obstructed the Kaligandaki corridor road. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The road has been completely closed since last night after a huge landslide fell on the Ridi-Rudrabeni road section under the Kaligandaki corridor, said the district police office, Gulmi. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As a result of the road obstruction, passengers and vehicles heading to Palpa, Butwal and other destinations from the area have been stranded. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Last night, a landslide with a huge rock fell at Bishnupanjar near Ridi bazaar under Ruruchhetra Rural Municipality, blocking the road, said the police. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Upon receiving the information about the landslip, a team led by Inspector Anil Thapa from the Area Police Office, Ridi, has been working at the incident site since today morning to clear debris and open the road, it has been said.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Removing debris with the help of an excavator is underway, said Yadu Gyawali, chairperson of Ruruchhetra Rural Municipality. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The road leading to Burtibang of Baglung district through Ridi-Rudrabeni-Wamitaksar is busy all the time with the highest number of vehicles plying all the time. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Repair is underway to open the blocked road as soon as possible, said Chief District Officer Tek Bahadur KC. (RSS) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18846', 'image' => '20230928050100_collage (8).jpg', 'article_date' => '2023-09-28 16:59:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 8 => array( 'Article' => array( 'id' => '19117', 'article_category_id' => '1', 'title' => 'Nepal Receives Foreign Direct Investment worth Rs 264 Billion', 'sub_title' => '', 'summary' => 'September 28: Investors from 57 different countries have injected Foreign Direct Investment (FDI) in Nepal.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">September 28: Investors from </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">57</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> different countries have injected Foreign Direct Investment (FDI) in Nepal. So far, foreign investors have bankrolled Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">264</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">32</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">billion in various sectors such as agriculture, industry, and services in Nepal. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the 'Survey Report on Foreign Direct Investment </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2078/79</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">' published by Nepal Rastra Bank on Wednesday, Nepal received FDI in sectors such as agriculture, forestry, fisheries, construction, electricity, gas, manufacturing sector, mining, tourism, education, finance and insurance, human health and social work, information and communication, transportation and other sectors.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">As of the end of FY </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2078/79</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, the total amount of foreign investment in Nepal constitutes Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">38</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">58</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion as loans, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">83</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">78</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion as reserve and Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">141</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif""> 96</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion as paid-up capital.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the central bank, the total foreign direct investment as of FY </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2077/78</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">stood at Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">227</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">94</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">billion. Based on this report, it has been seen that foreign investment has increased in the country by Rs around Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">37</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion by the time of the survey</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">.</span></span> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank selected </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">231</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> companies which received FDI for survey in the review year.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">While publishing the survey report on Wednesday, Nepal Rastra Bank, mentioned that the highest amount of investment came from India.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">India, China, Ireland, Singapore and St Kitts and Nevis are among the top five countries investing in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The survey showed that a large part of the foreign investment was used in the industrial sector. The report pointed out that </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">62.6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the total investment was made in the industrial sector and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">37.3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the investment in the service sector. Within the industrial sector, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">32.8</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the investment was made in the hydropower sector and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">29.5</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent in the production sector. According to the report, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">25.6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the total investment was made in banks and financial institutions and insurance companies under the service sector.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Central Bank has stated that the capacity utilization of foreign investment companies operating in Nepal is </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">71.1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Also, the report mentions that the profit rate of such companies is </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14.3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Bagmati Province has the highest foreign investment in the country. This province accounts for </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">55.4</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the total foreign investment.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The lowest FDI is in Karnali Province. According to the report, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">0.02 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent of the total foreign investment in the country is made in Karnali Province. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Other major investors include Australia, South Korea, the United Arab Emirates, America, the Netherlands, Hong Kong, the UK, Pakistan, Bangladesh, British Virgin Iceland, Norway, Japan, Bermuda, Mauritius, Malaysia, Brunei, Sri Lanka etc.</span></span></span></span></p> <p> </p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18845', 'image' => '20230928012136_Foreign investment.jpg', 'article_date' => '2023-09-28 13:20:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '19116', 'article_category_id' => '1', 'title' => 'Business of Non-Life Insurance Companies Slumps', 'sub_title' => '', 'summary' => 'September 28: Non-life insurance companies earned insurance premiums of Rs 3.3 billion in the Nepali month of Bhadra (mid-August to mid-September) in the current fiscal year (FY).', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">September 28: Non-life insurance companies earned insurance premiums of Rs 3.3 billion in the Nepali month of Bhadra (mid-August to mid-September) in the current fiscal year (FY). This figure is 8.8 percent less than the premiums collected in the corresponding period of last FY.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the Nepal Insurance Authority, the companies collected Rs 3.39 billion in insurance fees in mid-August to mid-September 2023. Experts in the insurance sector say that there is no progress in the insurance business at present.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the review month, non-life insurance companies have issued 195,257 insurance policies worth Rs 835 billion. As of mid-September in the current FY, insurance companies have collected Rs 7.8 billion in insurance fees. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chunky Chhetri, president of Nepal Insurers Association and Chief Executive Officer of Sagarmatha Lumbini Insurance Company, says that there is currently no growth in the insurance sector.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">"The chain effect of the recession has also affected the insurance sector," he said, adding, "Currently the vehicle business has not been able to gain pace."</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to Chhetri, imports-exports have also decreased. There is also a situation where banks and financial institutions have not been able to invest. Its chain effect has fallen on non-life insurance business.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Two small non-life insurance companies, which have been operating since last July, earned Rs 300,000 in insurance fees in the review month. In the review month, Nepal Micro Insurance Company Limited collected Rs 213, 000 and Protective Micro Insurance Company Limited collected 87,000 in insurance fees. The two insurance companies issued 87 insurance policies worth Rs 12.16 million.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Naresh Kumar Rokka, Chief Executive Officer of Rotative Micro Insurance, says that his company is currently expanding its services. According to Rokka, the company is planning to expand 15 branches in all seven provinces before Dashain.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18844', 'image' => '20230928010043_1695866167.1693207181.jpg', 'article_date' => '2023-09-28 13:00:05', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '19115', 'article_category_id' => '1', 'title' => 'NRB Doubles the Daily Limit for Gold Import, Banks can Now Import 20 kg Gold Per Day', 'sub_title' => '', 'summary' => 'September 28: Nepal Rastra Bank has increased the daily limit for gold import.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">September 28: Nepal Rastra Bank has increased the daily limit for gold import. The central bank increased the gold import quota on Wednesday by amending the Integrated Circular-2079.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The NRB has mentioned in the circular that the daily limit for gold import has been fixed at 20 kg in accordance with section 4 (a) of Gold Import and Sale Distribution Procedure, 2068. This is twice the previous quota.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Two years ago, the central bank had restricted the daily gold import quota to 10 kg in order to maintain the foreign currency reserves following the outbreak of the coronavirus pandemic which affected the world market.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Since then, the gold traders have been time and again requesting the government to increase the gold import limit saying that they could not meet the demand with the allotted quota.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In Nepal, only commercial banks are allowed to import gold for business purpose. The commercial banks have been importing gold and selling it to businessmen according to the quota fixed by the central bank.</span></span></span></span></p> <p> </p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18843', 'image' => '20230928124730_1695819834.jpg', 'article_date' => '2023-09-28 12:46:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '19114', 'article_category_id' => '1', 'title' => 'National Conclave on WASH Concludes, Issuing 20-Point Kathmandu Declaration ', 'sub_title' => '', 'summary' => 'September 28: The National Conclave on Water Supply, Sanitation and Hygiene (WASH) concluded on Wednesday, issuing a 20-point declaration with commitments to achieving the national goals of sustainable development.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 28: The National Conclave on Water Supply, Sanitation and Hygiene (WASH) concluded on Wednesday, issuing a 20-point declaration with commitments to achieving the national goals of sustainable development. The Declaration aims to promote the principles of sustainability, inclusion, equity and global access in WASH services. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The two-day event hosted by the Ministry of Water Supplies highlighted the significant contributions of WASH services to public health, environmental sustainability, social development and so on. The Declaration insists on the importance of coordination, collaboration, and regional partnerships in strengthening the capacity for wider, equitable, and sustainable WASH service system. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It has called for incorporating the recommendations made during the Conclave in sectorial development endeavors, development strategies and periodic plans in the concerned sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Underlining the need for comprehensive planning, enhanced regulation of WASH services at all levels, and capacity building of service providers, the Declaration highlights the importance of improved intergovernmental coordination among the three-tier government to ensure better services. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It stressed the need for gender equality and social inclusion in WASH sector, calling for implementing measures to conserve water resources through integrated water resource management, groundwater recharge, and early warning systems for flood and drought preparedness in urban and rural areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Declaration recommended preparing a sustainable economic draft and WASH financial strategies to advance towards the Sustainable Development Goals and ensure the security of investments in the WASH sector. It proposed aligning WASH investments with inclusive, green, and flexible development principles and implementing WASH programmes capable of addressing climate change and disaster-related issues. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In addition, advocating for the improvement of the professional rights and security of frontline sanitation workers, the event stressed the need for ensuring inter-sectorial cooperation among the three-tier government in the WASH sector, with proper utilization of communication systems. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The event was attended by over 200 people including the representatives from the three-tier government, from the private and non-government sectors, civil society, experts and the development partners.-- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18842', 'image' => '20230928120326_wash.jpg', 'article_date' => '2023-09-28 12:02:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '19111', 'article_category_id' => '1', 'title' => 'Malaysian Company to Conduct Feasibility Study for Establishing Fertilizer Factory in Nepal', 'sub_title' => '', 'summary' => 'September 27: The Investment Board, Nepal has signed an agreement with a Malaysian company to conduct a feasibility study for the establishment of a chemical fertilizer factory in Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 27: The Investment Board, Nepal has signed an agreement with a Malaysian company to conduct a feasibility study for the establishment of a chemical fertilizer factory in Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">IBN Chief Executive Officer Sushil Bhatta and Re-Nicola's Managing Director Bomhidi Abdelali signed the contract on behalf of their respective organisations amidst a programme on Wednesday. Re-Nicola is a Malaysian company. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a press statement, IBN shared that the board has reached an agreement with the Malaysian company to establish a chemical fertilizer factory to produce green ammonia and calcium ammonium nitrate. As per agreement, Re-Nicola will have to submit a detailed feasibility study report within 24 months of agreement. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The chemical fertilizer factory would be established at Abukhaireni of Tanahu district. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18839', 'image' => '20230928103913_20220624091714_Fertilizer.jpg', 'article_date' => '2023-09-28 10:38:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '19110', 'article_category_id' => '1', 'title' => 'Furniture Expo 2023 Begins at Bhrikutimandap', 'sub_title' => '', 'summary' => 'The Furniture and Furnishing Expo 2023 commenced on September 27 at the Bhrikutimandap exhibition hall.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">September 28: The Furniture and Furnishing Expo 2023 commenced on September 27 at the Bhrikutimandap exhibition hall. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">This event, in its 9th edition, is organized by the Nepal Furniture and Furnishing Association with the primary objective of promoting Nepal's furniture and furnishing market and uniting locally produced goods and services in one convenient location.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Over a hundred stalls featuring furniture and furnishing material sellers, manufacturers, importers, distributors, machinery and technology providers, dealers, and others have been set up at the exhibition.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Entry is free, and the organizers anticipate over 50,000 visitors to attend the expo. Additionally, the exhibition venue offers specialized consulting services for architecture and interior design. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Minister of Industry, Commerce, and Supply, Ramesh Rijal, emphasized the government's commitment to prioritizing policies that boost domestic production, reduce imports, and encourage exports. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He underscored the need to promote the export of handicrafts rooted in Nepal's original art culture and crafted from local raw materials. (RSS)</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18838', 'image' => '20230928061934_collage (7).jpg', 'article_date' => '2023-09-28 06:17:18', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 14 => array( 'Article' => array( 'id' => '19109', 'article_category_id' => '1', 'title' => 'China Swimming Ace Zhang Fires Olympic warning as Nepal Breaks Cricket Records', 'sub_title' => '', 'summary' => 'September 27: World champion swimmer Zhang Yufei sent a major message to her Paris 2024 rivals on Wednesday at the Asian Games as Nepal smashed multiple records in cricket.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 27: World champion swimmer Zhang Yufei sent a major message to her Paris 2024 rivals on Wednesday at the Asian Games as Nepal smashed multiple records in cricket.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to AFP, hosts China lead the medals table with 76 golds, far ahead of South Korea (19) and Japan (15), after adding titles in a range of sports from artistic gymnastics and chess to beach volleyball and swimming.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The home nation and Zhang in particular have been in ominous form in the pool in Hangzhou, with the Paris Olympics coming up fast, just 10 months away, added the French news agency.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The 25-year-old Zhang blasted the fastest time of the year to easily win the 100m butterfly gold, then helped China to come within a whisker of shattering the 4x100m mixed medley relay world record. Zhang, who has already claimed the 200m fly crown in Hangzhou to go with her Olympic gold, surged to the wall in a new Games-record 55.86sec.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">That beat the 56.12 that earned her the world title in July, but she wasn't happy.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"It doesn't feel so good. This wasn't the record I wanted, I wanted the world record," AFP quoted her as saying.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Swedish great Sarah Sjostrom has held the world mark of 55.48 since the 2016 Rio Olympics.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">China took home gold in four of the seven finals on the evening, with Japan (two) and South Korea (one) winning the others.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><strong>Nepal smashes records </strong></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In hazy morning sunshine on day four of the Games, rampant Nepal rewrote the T20 international record books against bewildered part-timers Mongolia in a 273-run thumping in men's cricket.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal bludgeoned 314-3 in their 20 overs, beating the previous highest T20 men's international innings of 278-3 by Afghanistan against Ireland in 2019, added AFP.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Teenager Kushal Malla, batting number three, spearheaded the onslaught by crashing the fastest T20 international century, off 34 balls.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Among the other records they racked up, Dipendra Singh Airee hit a scarcely believable eight sixes in an unbeaten 52 off 10 balls.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The powerful 23-year-old raced to his fifty off nine balls, another T20 world record and one that should stand in perpetuity because it is mathematically impossible to reach the landmark any quicker.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal's 26 sixes in the innings was also the best ever.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Mongolia, whose women's team were bowled out for just 15 at the Asian Games last week, were dismissed for only 41 in 13.1 overs.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Much sterner tests await for Nepal, with India and Pakistan both in the draw although the heavyweights have reportedly sent their B team as their main focus is on the Cricket World Cup.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><strong>Early celebrations </strong></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In another gold rush for hosts China, they won the women's and men's street finals in skateboarding thanks to a couple of teenagers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The 16-year-old Zhang Jie triumphed in the men's and Cui Chenxi, just 13, won the women's. But China did not have it all their own way as Japan won all three golds on offer on the day on the cycling track ahead of the hosts.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Japan sped to victory in women's and men's team pursuit, and in women's keirin.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Japan's Naoki Kojima said he and his teammates were celebrating well before they crossed the line in the men's team pursuit.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In other sports, Chinese table tennis legend Ma Long, 34, said he had almost certainly made his last Asian Games appearance after helping the hosts to men's team gold. Asked about the prospect of defending his Olympic title next year, Ma told AFP: "Paris is still too early to say for me."</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-27', 'modified' => '2023-09-27', 'keywords' => 'Asian, Games, Nepal, China, record, cricket, swimming, Olympics, Zhang, Kushal', 'description' => '', 'sortorder' => '18837', 'image' => '20230927093120_983574-01-02.jpg', 'article_date' => '2023-09-27 21:30:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $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
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', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 29: The government is preparing to enter into bilateral air service agreements with three nations, including Switzerland, with the aim of expanding Nepal's international flight connectivity. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Ministry of Culture, Tourism, and Civil Aviation, Nepal has already signed bilateral air service agreements with 40 countries, with Australia being the latest addition. The government has already completed the paper works to add Switzerland, Indonesia, and Rwanda to this list. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chief of the Civil Aviation Division and Joint Secretary at the ministry, Buddhi Sagar Lamichhane, said they anticipate the draft of the agreement to be endorsed by the Council of Ministers soon. The location and timing for the formal signing of the agreements will be decided later. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that Nepal and Switzerland principally agreed for a bilateral air connectivity during the 41st Session of the International Civil Aviation Organisation (ICAO) Assembly held in September 27 – October 7, 2022 in Montreal, Canada. Both countries observed the signing the MoU to this regard, according to Civil Aviation Authority of Nepal (CANN). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal is also exploring the possibility of MoUs for air connectivity with various other nations, including Indonesia. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Bilateral aviation agreements are considered vital instruments of a nation's foreign diplomacy, and the government is promoting such agreements. Nepal's international flight service system already includes over 20 destinations. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">These agreements not only enhance structural relations with respective countries but also strengthen bilateral ties. Furthermore, it's important to note that these agreements are based on the standards set by the International Civil Aviation Organization (ICAO), Lamichhane added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the government is in the process of reviewing the agreements with Kuwait and the United Arab Emirates (UAE). This review has been proposed by Kuwait and the UAE themselves. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As part of its policies and programs for the current fiscal year, the government has announced its commitment to establishing new aviation relationships and expanding international flights. The European Union,, however, has banned airline companies of Nepal from flying on its airspace citing poor aviation standards. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18853', 'image' => '20230929025251_naccccc.jpg', 'article_date' => '2023-09-29 14:52:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '19123', 'article_category_id' => '1', 'title' => 'Lawmakers Draw Government’s Attention to Curb Inflation, Black Marketing ', 'sub_title' => '', 'summary' => 'September 29: Members of Parliament have urged the government to remain vigilant about exorbitant price hike and black marketing of daily essentials including sugar as the major festivals such as Dashain and Tihar approaches. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 29: Members of Parliament have urged the government to remain vigilant about exorbitant price hike and black marketing of daily essentials including sugar as the major festivals such as Dashain and Tihar are just around the corner. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A majority of the parliamentarians attending the meeting of the Public Account Committee under the House of Representatives this week said artificial shortage of daily consumable goods could be created during the festivals and thus brought this matter to the attention of the government. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lawmaker Gokul Prasad Banskota emphasized the need of ensuring people's right to avail the daily essentials at an affordable price. He claimed that the shortage of sugar in the market, especially during the festivel season, was due to giving select persons privileges for the manufacturing and importing essential items. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Rajendra Prasad Lingden appealed to the government to pay timely attention to the plight of the consumers who were bearing the brunt of black marketing and inflation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Achyut Mainali and Dev Prasad Timalsina expressed concern over the undue advantage that were being taken by middlemen at the expense of genuine farmers when it came to chemical fertilizers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Arjun Narshing KC urged the government to take necessary steps as the general public were bearing the brunt of black marketeering of food items as the festive season approaches. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Ram Krishna Yadav demanded strict actions against those business persons involved in hoarding food items, thereby leaving consumers at the lurch. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lekhnath Dahal requested the committee members to take stock of the complaints and status of implementation of the decisions in the past to increase the effectiveness of the committee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Shyam Ghimire questioned how long would the public corporations sustain with the grants and subsidies provided by the government due to their bleak financial conditions. He demanded effective market monitoring to curb the black marketing of the daily consumable items. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Manish Jha called for making the discussions of the committee public with the use of social media. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18852', 'image' => '20230929021540_20210812011140_Price Hike.jpg', 'article_date' => '2023-09-29 14:14:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '19124', 'article_category_id' => '1', 'title' => ''Harry Potter' Character Dumbledore Dies Aged 82 ', 'sub_title' => '', 'summary' => 'eptember 29: British-Irish actor Michael Gambon, best known for playing Albus Dumbledore in six of the eight "Harry Potter" films, has died in hospital aged 82, his family announced Thursday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 29: British-Irish actor Michael Gambon, best known for playing Albus Dumbledore in six of the eight "Harry Potter" films, has died in hospital aged 82, his family announced Thursday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Gambon won four television BAFTAs and an Olivier award during a decades-spanning acting career across television, film, radio and theatre, which was capped by his beloved role as the headmaster of the wizarding school Hogwarts in the Potter series. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"We are devastated to announce the loss of Sir Michael Gambon," a statement issued on behalf of his family said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Beloved husband and father, Michael died peacefully in hospital with his wife Anne and son Fergus at his bedside, following a bout of pneumonia." </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Gambon, born in Ireland, began his illustrious acting career in theatre, making his first appearance on stage in a production of "Othello" at the Gates Theatre in the Irish capital Dublin in 1962. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He became well known in Britain for playing a French detective in the ITV series "Maigret", and for his 1986 role as Philip Marlow in screenwriter Dennis Potter's "The Singing Detective". </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He put in a memorable performance in the BBC's 2015 adaptation of JK Rowling's "The Casual Vacancy", while his theatre credentials include appearances in Alan Ayckbourn's "The Norman Conquests", "The Life Of Galileo" and Nicholas Hytner's National Theatre productions of "Henry IV". </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Film roles included in period dramas such as 2010's "The King's Speech" and 2001's "Gosford Park". </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">But he won global acclaim for his performances as Dumbledore in the wildly popular "Harry Potter" films, beginning with 1997's "Harry Potter and the Philosopher's Stone". </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Gambon was knighted for his contribution to the entertainment industry in 1998. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Tributes began to pour in following news of his death. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"I'm so sad to hear that Michael Gambon has died," former Top Gear presenter Jeremy Clarkson said on social media, recalling that the actor was such a "tremendous guest" he had a corner named after him on the BBC show's race track. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"He was hugely amusing, and such a tremendous guest, we even named a corner after him." – AFP/RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18851', 'image' => '20230929023711_HP-F6-half-blood-prince-dumbledore-office-memory-cabinet-web-landscape.jpg', 'article_date' => '2023-09-29 14:36:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '19122', 'article_category_id' => '1', 'title' => 'Manang Beverage launches Manang Valley Wine at 3500 Meters ', 'sub_title' => '', 'summary' => 'September 29: Manang Beverages recently launched the Manang Valley Wine at launch event in Manang’s Sabje Lake, 3500 meters above the sea level. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 29: Manang Beverages recently launched the Manang Valley Wine at launch event in Manang’s Sabje Lake, 3500 meters above the sea level. The company launched two premium apple wines with the aim to uplift the contribution of local farmers of Manang Valley. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">A team of journalists, along with actress Swastima Khadka joined the unveiling program at Manang, marking the “highest” altitude for a product launch on September 27. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“We are thrilled to introduce the Manang Valley Wine, which encapsulates the pure</span> <span style="font-family:"Arial","sans-serif"">essence of the Himalayas. Utilizing state-of-the-art technology, we have artfully</span> <span style="font-family:"Arial","sans-serif"">transformed locally grown apples into a truly exquisite wine. We firmly believe that</span> <span style="font-family:"Arial","sans-serif"">Nepalese consumers, accustomed to foreign wines, will fall in love with the</span> <span style="font-family:"Arial","sans-serif"">enchantment of Manang Valley with every sip," said Aashraya Ranjitkar, managing director of Manang Valley Wine. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Ranjitkar is the third-generation win maker of his family and has partnered with Yuvaraj Gurung, a native of Manang and a third-generation apple farmer. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“The incredible journey of the Manang Valley Wine makes it truly exciting for us, along with its exquisite taste,” Ranjitkar added.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The manufacturers express that every bottle of wine is a labour of love, a fusion of tradition and innovation, and a tribute to the rich heritage of Manang. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Manang Valley Wine not only represents the pinnacle of Nepali wine-making expertise but also demonstrates that it is possible to craft world-class products from local resources, said the manufacturers. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">According to the company, the launch at a mesmerising location aims to play a pivotal role in Manang's economic growth, offering a unique identity beyond its status as a renowned tourist destination. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The company said its distinctive taste, resulting from the perfect fusion of nature and culture, sets the wine apart as an unrivalled</span> <span style="font-family:"Arial","sans-serif"">gem in the world of fine beverages.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The two versions of Manang Valley Wine come in sweet and semi-sweet taste and are now available across the department store in Kathmandu at Rs 1025, Ranjitkar added.<strong> </strong></span></span></span></p> <p><br /> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18850', 'image' => '20230929011111_IMG_20230927_112548.jpg', 'article_date' => '2023-09-29 13:10:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '19121', 'article_category_id' => '1', 'title' => 'Securities Board Preparing to Take Action against NEPSE', 'sub_title' => '', 'summary' => 'September 29: The Securities Board of Nepal (SEBON) is preparing to take action against the Nepal Stock Exchange (NEPSE) regarding the issue of Transaction Management System (TMS).', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 29: The Securities Board of Nepal (SEBON) is preparing to take action against the Nepal Stock Exchange (NEPSE) regarding the issue of Transaction Management System (TMS).</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Informing that a meeting of the board management committee of SEBON decided to take action against NEPSE, Chairman of the board Ramesh Kumar Hamal said that they have sought an explanation from NEPSE on this matter. Hamal said that NEPSE will be given 15 days for submitting a written explanation. He added that the board will take legal action if the explanation is not satisfactory.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Hamal made it clear that action will be taken against anyone found guilty in sensitive matters related to securities transactions. Hamal clarified that although both the SEBON and NEPSE are government agencies, this is the first time one government agency is preparing to take action against the other involved in the share market.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The board claimed that sensitive data of the securities market is within the reach of a particular company. Currently, the TMS and NEPSE Online Transaction System (NOTS) developed by YCO Company are in operation for managing the transactions of the secondary market of securities. The board decided to take action against NEPSE and asked for an explanation because all the details of the investors of the secondary market have been accessed by the private company YCO.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Although NEPSE received a letter from the board on September 24, the letter was not opened as Chief Executive Officer Krishna Bahadur Karki was out of the country for an event. NEPSE information officer Murahari Parajuli informed that the letter will be opened only after the chief executive officer is present at the office and the necessary action will taken.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In recent days, the board has stepped up efforts to take action in order to regulate the secondary market. Only a few days ago, the board took action against Care Ratings Nepal imposing a cash fine. The board imposed a cash fine of Rs 50,000 after it was found that the rating company was involved in rating against the law. This was the first incident where the board took action against the rating company. Apart from this, the board has also taken action against various broker companies, institutional investors and merchant bankers.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18849', 'image' => '20230929122607_Sebon-update.jpg', 'article_date' => '2023-09-29 12:25:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '19120', 'article_category_id' => '1', 'title' => 'Nepal Fails to Secure Medals in the 19th Asian Games', 'sub_title' => '', 'summary' => 'September 29: A total of 610 medals have been distributed to the players in the ongoing Asia Games as of Thursday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 29: A total of 610 medals have been distributed to the players in the ongoing Asia Games as of Thursday. Runaway leader China tops the medals tally with 169 medals including 91 gold, 52 silver and 26 bronze medals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">South Korea is a distant second with 86 medals including 24 gold, 23 silver and 39 bronze medals followed by Japan with 18 gold medals, 30 silver and 31 bronze medals. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Nepal, on the other hand, has performed poorly in the sports extravaganza and remains without any medal on the sixth day of the event. Nevertheless, Nepal is expected to win medals in e-sports, badminton and men's cricket tournament in which the national team smashed several world records in its comprehensive win against Mongolia on Wednesday. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Uzbekistan is in the fourth position with 6 gold medals, 10 silver and 15 bronze. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, India has so far secured 6 gold medals, eight silver and 11 bronze, to stay in the fifth position in the 19th Asian Games underway in Hangzhou City of China. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Thailand has got six gold medals, Hong Kong Special Administrative Region of China has five gold medals and Chinese Taipei has won four gold medals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Of the 45 participating countries, 33 countries have managed to bag the medals in the Asian Games which kicked off on Sunday. </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18848', 'image' => '20230929114154_XxjpseE007751_20230923_PEPFN1A001.JPG', 'article_date' => '2023-09-29 11:40:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '19119', 'article_category_id' => '1', 'title' => 'Shree Airlines and Fishtail Airlines Banned to Fly Helicopters', 'sub_title' => '', 'summary' => 'The Civil Aviation Authority of Nepal (CAAN) has banned the operation of 'AS-350 B 3 E' helicopters belonging to two airline companies, Shree Airlines and Fishtail Airlines. This action has been taken due to serious violations of aviation regulations.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">September 28: The Civil Aviation Authority of Nepal (CAAN) has banned the operation of 'AS-350 B 3 E' helicopters belonging to two airline companies, Shree Airlines and Fishtail Airlines. This action has been taken due to serious violations of aviation regulations.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">CAAN grounded these helicopters saying that they had violated aviation rules by conducting flights in adverse weather condition in the Lukla region. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> Gyanendra Bhul, Information Officer at CAAN, said that three helicopters owned by these two airlines were banned from flying due to their non-compliance with the requirement to remain grounded during adverse weather conditions.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">These helicopters were observed conducting flights when the visibility was significantly less than the prescribed minimum of 100 meters, a clear violation of Visual Flight Rules (VFR). (RSS) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18847', 'image' => '20230929055844_collage (9).jpg', 'article_date' => '2023-09-29 05:57:20', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '19118', 'article_category_id' => '1', 'title' => 'Kaligandaki Corridor Road Blocked by Landslide', 'sub_title' => '', 'summary' => 'A landslide has obstructed the Kaligandaki corridor road. The road has been completely closed since last night after a huge landslide fell on the Ridi-Rudrabeni road section under the Kaligandaki corridor, said the district police office, Gulmi.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">September 28: A landslide has obstructed the Kaligandaki corridor road. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The road has been completely closed since last night after a huge landslide fell on the Ridi-Rudrabeni road section under the Kaligandaki corridor, said the district police office, Gulmi. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As a result of the road obstruction, passengers and vehicles heading to Palpa, Butwal and other destinations from the area have been stranded. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Last night, a landslide with a huge rock fell at Bishnupanjar near Ridi bazaar under Ruruchhetra Rural Municipality, blocking the road, said the police. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Upon receiving the information about the landslip, a team led by Inspector Anil Thapa from the Area Police Office, Ridi, has been working at the incident site since today morning to clear debris and open the road, it has been said.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Removing debris with the help of an excavator is underway, said Yadu Gyawali, chairperson of Ruruchhetra Rural Municipality. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The road leading to Burtibang of Baglung district through Ridi-Rudrabeni-Wamitaksar is busy all the time with the highest number of vehicles plying all the time. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Repair is underway to open the blocked road as soon as possible, said Chief District Officer Tek Bahadur KC. (RSS) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18846', 'image' => '20230928050100_collage (8).jpg', 'article_date' => '2023-09-28 16:59:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 8 => array( 'Article' => array( 'id' => '19117', 'article_category_id' => '1', 'title' => 'Nepal Receives Foreign Direct Investment worth Rs 264 Billion', 'sub_title' => '', 'summary' => 'September 28: Investors from 57 different countries have injected Foreign Direct Investment (FDI) in Nepal.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">September 28: Investors from </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">57</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> different countries have injected Foreign Direct Investment (FDI) in Nepal. So far, foreign investors have bankrolled Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">264</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">32</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">billion in various sectors such as agriculture, industry, and services in Nepal. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the 'Survey Report on Foreign Direct Investment </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2078/79</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">' published by Nepal Rastra Bank on Wednesday, Nepal received FDI in sectors such as agriculture, forestry, fisheries, construction, electricity, gas, manufacturing sector, mining, tourism, education, finance and insurance, human health and social work, information and communication, transportation and other sectors.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">As of the end of FY </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2078/79</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, the total amount of foreign investment in Nepal constitutes Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">38</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">58</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion as loans, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">83</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">78</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion as reserve and Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">141</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif""> 96</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion as paid-up capital.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the central bank, the total foreign direct investment as of FY </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2077/78</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">stood at Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">227</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">94</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">billion. Based on this report, it has been seen that foreign investment has increased in the country by Rs around Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">37</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion by the time of the survey</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">.</span></span> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank selected </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">231</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> companies which received FDI for survey in the review year.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">While publishing the survey report on Wednesday, Nepal Rastra Bank, mentioned that the highest amount of investment came from India.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">India, China, Ireland, Singapore and St Kitts and Nevis are among the top five countries investing in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The survey showed that a large part of the foreign investment was used in the industrial sector. The report pointed out that </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">62.6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the total investment was made in the industrial sector and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">37.3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the investment in the service sector. Within the industrial sector, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">32.8</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the investment was made in the hydropower sector and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">29.5</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent in the production sector. According to the report, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">25.6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the total investment was made in banks and financial institutions and insurance companies under the service sector.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Central Bank has stated that the capacity utilization of foreign investment companies operating in Nepal is </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">71.1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Also, the report mentions that the profit rate of such companies is </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14.3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Bagmati Province has the highest foreign investment in the country. This province accounts for </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">55.4</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the total foreign investment.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The lowest FDI is in Karnali Province. According to the report, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">0.02 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent of the total foreign investment in the country is made in Karnali Province. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Other major investors include Australia, South Korea, the United Arab Emirates, America, the Netherlands, Hong Kong, the UK, Pakistan, Bangladesh, British Virgin Iceland, Norway, Japan, Bermuda, Mauritius, Malaysia, Brunei, Sri Lanka etc.</span></span></span></span></p> <p> </p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18845', 'image' => '20230928012136_Foreign investment.jpg', 'article_date' => '2023-09-28 13:20:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '19116', 'article_category_id' => '1', 'title' => 'Business of Non-Life Insurance Companies Slumps', 'sub_title' => '', 'summary' => 'September 28: Non-life insurance companies earned insurance premiums of Rs 3.3 billion in the Nepali month of Bhadra (mid-August to mid-September) in the current fiscal year (FY).', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">September 28: Non-life insurance companies earned insurance premiums of Rs 3.3 billion in the Nepali month of Bhadra (mid-August to mid-September) in the current fiscal year (FY). This figure is 8.8 percent less than the premiums collected in the corresponding period of last FY.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the Nepal Insurance Authority, the companies collected Rs 3.39 billion in insurance fees in mid-August to mid-September 2023. Experts in the insurance sector say that there is no progress in the insurance business at present.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the review month, non-life insurance companies have issued 195,257 insurance policies worth Rs 835 billion. As of mid-September in the current FY, insurance companies have collected Rs 7.8 billion in insurance fees. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chunky Chhetri, president of Nepal Insurers Association and Chief Executive Officer of Sagarmatha Lumbini Insurance Company, says that there is currently no growth in the insurance sector.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">"The chain effect of the recession has also affected the insurance sector," he said, adding, "Currently the vehicle business has not been able to gain pace."</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to Chhetri, imports-exports have also decreased. There is also a situation where banks and financial institutions have not been able to invest. Its chain effect has fallen on non-life insurance business.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Two small non-life insurance companies, which have been operating since last July, earned Rs 300,000 in insurance fees in the review month. In the review month, Nepal Micro Insurance Company Limited collected Rs 213, 000 and Protective Micro Insurance Company Limited collected 87,000 in insurance fees. The two insurance companies issued 87 insurance policies worth Rs 12.16 million.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Naresh Kumar Rokka, Chief Executive Officer of Rotative Micro Insurance, says that his company is currently expanding its services. According to Rokka, the company is planning to expand 15 branches in all seven provinces before Dashain.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18844', 'image' => '20230928010043_1695866167.1693207181.jpg', 'article_date' => '2023-09-28 13:00:05', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '19115', 'article_category_id' => '1', 'title' => 'NRB Doubles the Daily Limit for Gold Import, Banks can Now Import 20 kg Gold Per Day', 'sub_title' => '', 'summary' => 'September 28: Nepal Rastra Bank has increased the daily limit for gold import.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">September 28: Nepal Rastra Bank has increased the daily limit for gold import. The central bank increased the gold import quota on Wednesday by amending the Integrated Circular-2079.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The NRB has mentioned in the circular that the daily limit for gold import has been fixed at 20 kg in accordance with section 4 (a) of Gold Import and Sale Distribution Procedure, 2068. This is twice the previous quota.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Two years ago, the central bank had restricted the daily gold import quota to 10 kg in order to maintain the foreign currency reserves following the outbreak of the coronavirus pandemic which affected the world market.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Since then, the gold traders have been time and again requesting the government to increase the gold import limit saying that they could not meet the demand with the allotted quota.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In Nepal, only commercial banks are allowed to import gold for business purpose. The commercial banks have been importing gold and selling it to businessmen according to the quota fixed by the central bank.</span></span></span></span></p> <p> </p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18843', 'image' => '20230928124730_1695819834.jpg', 'article_date' => '2023-09-28 12:46:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '19114', 'article_category_id' => '1', 'title' => 'National Conclave on WASH Concludes, Issuing 20-Point Kathmandu Declaration ', 'sub_title' => '', 'summary' => 'September 28: The National Conclave on Water Supply, Sanitation and Hygiene (WASH) concluded on Wednesday, issuing a 20-point declaration with commitments to achieving the national goals of sustainable development.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 28: The National Conclave on Water Supply, Sanitation and Hygiene (WASH) concluded on Wednesday, issuing a 20-point declaration with commitments to achieving the national goals of sustainable development. The Declaration aims to promote the principles of sustainability, inclusion, equity and global access in WASH services. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The two-day event hosted by the Ministry of Water Supplies highlighted the significant contributions of WASH services to public health, environmental sustainability, social development and so on. The Declaration insists on the importance of coordination, collaboration, and regional partnerships in strengthening the capacity for wider, equitable, and sustainable WASH service system. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It has called for incorporating the recommendations made during the Conclave in sectorial development endeavors, development strategies and periodic plans in the concerned sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Underlining the need for comprehensive planning, enhanced regulation of WASH services at all levels, and capacity building of service providers, the Declaration highlights the importance of improved intergovernmental coordination among the three-tier government to ensure better services. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It stressed the need for gender equality and social inclusion in WASH sector, calling for implementing measures to conserve water resources through integrated water resource management, groundwater recharge, and early warning systems for flood and drought preparedness in urban and rural areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Declaration recommended preparing a sustainable economic draft and WASH financial strategies to advance towards the Sustainable Development Goals and ensure the security of investments in the WASH sector. It proposed aligning WASH investments with inclusive, green, and flexible development principles and implementing WASH programmes capable of addressing climate change and disaster-related issues. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In addition, advocating for the improvement of the professional rights and security of frontline sanitation workers, the event stressed the need for ensuring inter-sectorial cooperation among the three-tier government in the WASH sector, with proper utilization of communication systems. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The event was attended by over 200 people including the representatives from the three-tier government, from the private and non-government sectors, civil society, experts and the development partners.-- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18842', 'image' => '20230928120326_wash.jpg', 'article_date' => '2023-09-28 12:02:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '19111', 'article_category_id' => '1', 'title' => 'Malaysian Company to Conduct Feasibility Study for Establishing Fertilizer Factory in Nepal', 'sub_title' => '', 'summary' => 'September 27: The Investment Board, Nepal has signed an agreement with a Malaysian company to conduct a feasibility study for the establishment of a chemical fertilizer factory in Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 27: The Investment Board, Nepal has signed an agreement with a Malaysian company to conduct a feasibility study for the establishment of a chemical fertilizer factory in Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">IBN Chief Executive Officer Sushil Bhatta and Re-Nicola's Managing Director Bomhidi Abdelali signed the contract on behalf of their respective organisations amidst a programme on Wednesday. Re-Nicola is a Malaysian company. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a press statement, IBN shared that the board has reached an agreement with the Malaysian company to establish a chemical fertilizer factory to produce green ammonia and calcium ammonium nitrate. As per agreement, Re-Nicola will have to submit a detailed feasibility study report within 24 months of agreement. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The chemical fertilizer factory would be established at Abukhaireni of Tanahu district. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18839', 'image' => '20230928103913_20220624091714_Fertilizer.jpg', 'article_date' => '2023-09-28 10:38:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '19110', 'article_category_id' => '1', 'title' => 'Furniture Expo 2023 Begins at Bhrikutimandap', 'sub_title' => '', 'summary' => 'The Furniture and Furnishing Expo 2023 commenced on September 27 at the Bhrikutimandap exhibition hall.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">September 28: The Furniture and Furnishing Expo 2023 commenced on September 27 at the Bhrikutimandap exhibition hall. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">This event, in its 9th edition, is organized by the Nepal Furniture and Furnishing Association with the primary objective of promoting Nepal's furniture and furnishing market and uniting locally produced goods and services in one convenient location.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Over a hundred stalls featuring furniture and furnishing material sellers, manufacturers, importers, distributors, machinery and technology providers, dealers, and others have been set up at the exhibition.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Entry is free, and the organizers anticipate over 50,000 visitors to attend the expo. Additionally, the exhibition venue offers specialized consulting services for architecture and interior design. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Minister of Industry, Commerce, and Supply, Ramesh Rijal, emphasized the government's commitment to prioritizing policies that boost domestic production, reduce imports, and encourage exports. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He underscored the need to promote the export of handicrafts rooted in Nepal's original art culture and crafted from local raw materials. (RSS)</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18838', 'image' => '20230928061934_collage (7).jpg', 'article_date' => '2023-09-28 06:17:18', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 14 => array( 'Article' => array( 'id' => '19109', 'article_category_id' => '1', 'title' => 'China Swimming Ace Zhang Fires Olympic warning as Nepal Breaks Cricket Records', 'sub_title' => '', 'summary' => 'September 27: World champion swimmer Zhang Yufei sent a major message to her Paris 2024 rivals on Wednesday at the Asian Games as Nepal smashed multiple records in cricket.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 27: World champion swimmer Zhang Yufei sent a major message to her Paris 2024 rivals on Wednesday at the Asian Games as Nepal smashed multiple records in cricket.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to AFP, hosts China lead the medals table with 76 golds, far ahead of South Korea (19) and Japan (15), after adding titles in a range of sports from artistic gymnastics and chess to beach volleyball and swimming.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The home nation and Zhang in particular have been in ominous form in the pool in Hangzhou, with the Paris Olympics coming up fast, just 10 months away, added the French news agency.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The 25-year-old Zhang blasted the fastest time of the year to easily win the 100m butterfly gold, then helped China to come within a whisker of shattering the 4x100m mixed medley relay world record. Zhang, who has already claimed the 200m fly crown in Hangzhou to go with her Olympic gold, surged to the wall in a new Games-record 55.86sec.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">That beat the 56.12 that earned her the world title in July, but she wasn't happy.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"It doesn't feel so good. This wasn't the record I wanted, I wanted the world record," AFP quoted her as saying.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Swedish great Sarah Sjostrom has held the world mark of 55.48 since the 2016 Rio Olympics.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">China took home gold in four of the seven finals on the evening, with Japan (two) and South Korea (one) winning the others.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><strong>Nepal smashes records </strong></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In hazy morning sunshine on day four of the Games, rampant Nepal rewrote the T20 international record books against bewildered part-timers Mongolia in a 273-run thumping in men's cricket.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal bludgeoned 314-3 in their 20 overs, beating the previous highest T20 men's international innings of 278-3 by Afghanistan against Ireland in 2019, added AFP.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Teenager Kushal Malla, batting number three, spearheaded the onslaught by crashing the fastest T20 international century, off 34 balls.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Among the other records they racked up, Dipendra Singh Airee hit a scarcely believable eight sixes in an unbeaten 52 off 10 balls.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The powerful 23-year-old raced to his fifty off nine balls, another T20 world record and one that should stand in perpetuity because it is mathematically impossible to reach the landmark any quicker.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal's 26 sixes in the innings was also the best ever.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Mongolia, whose women's team were bowled out for just 15 at the Asian Games last week, were dismissed for only 41 in 13.1 overs.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Much sterner tests await for Nepal, with India and Pakistan both in the draw although the heavyweights have reportedly sent their B team as their main focus is on the Cricket World Cup.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><strong>Early celebrations </strong></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In another gold rush for hosts China, they won the women's and men's street finals in skateboarding thanks to a couple of teenagers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The 16-year-old Zhang Jie triumphed in the men's and Cui Chenxi, just 13, won the women's. But China did not have it all their own way as Japan won all three golds on offer on the day on the cycling track ahead of the hosts.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Japan sped to victory in women's and men's team pursuit, and in women's keirin.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Japan's Naoki Kojima said he and his teammates were celebrating well before they crossed the line in the men's team pursuit.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In other sports, Chinese table tennis legend Ma Long, 34, said he had almost certainly made his last Asian Games appearance after helping the hosts to men's team gold. Asked about the prospect of defending his Olympic title next year, Ma told AFP: "Paris is still too early to say for me."</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-27', 'modified' => '2023-09-27', 'keywords' => 'Asian, Games, Nepal, China, record, cricket, swimming, Olympics, Zhang, Kushal', 'description' => '', 'sortorder' => '18837', 'image' => '20230927093120_983574-01-02.jpg', 'article_date' => '2023-09-27 21:30:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 29: The government is preparing to enter into bilateral air service agreements with three nations, including Switzerland, with the aim of expanding Nepal's international flight connectivity. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to the Ministry of Culture, Tourism, and Civil Aviation, Nepal has already signed bilateral air service agreements with 40 countries, with Australia being the latest addition. The government has already completed the paper works to add Switzerland, Indonesia, and Rwanda to this list. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Chief of the Civil Aviation Division and Joint Secretary at the ministry, Buddhi Sagar Lamichhane, said they anticipate the draft of the agreement to be endorsed by the Council of Ministers soon. The location and timing for the formal signing of the agreements will be decided later. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It may be noted that Nepal and Switzerland principally agreed for a bilateral air connectivity during the 41st Session of the International Civil Aviation Organisation (ICAO) Assembly held in September 27 – October 7, 2022 in Montreal, Canada. Both countries observed the signing the MoU to this regard, according to Civil Aviation Authority of Nepal (CANN). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal is also exploring the possibility of MoUs for air connectivity with various other nations, including Indonesia. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Bilateral aviation agreements are considered vital instruments of a nation's foreign diplomacy, and the government is promoting such agreements. Nepal's international flight service system already includes over 20 destinations. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">These agreements not only enhance structural relations with respective countries but also strengthen bilateral ties. Furthermore, it's important to note that these agreements are based on the standards set by the International Civil Aviation Organization (ICAO), Lamichhane added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, the government is in the process of reviewing the agreements with Kuwait and the United Arab Emirates (UAE). This review has been proposed by Kuwait and the UAE themselves. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">As part of its policies and programs for the current fiscal year, the government has announced its commitment to establishing new aviation relationships and expanding international flights. The European Union,, however, has banned airline companies of Nepal from flying on its airspace citing poor aviation standards. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18853', 'image' => '20230929025251_naccccc.jpg', 'article_date' => '2023-09-29 14:52:14', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 1 => array( 'Article' => array( 'id' => '19123', 'article_category_id' => '1', 'title' => 'Lawmakers Draw Government’s Attention to Curb Inflation, Black Marketing ', 'sub_title' => '', 'summary' => 'September 29: Members of Parliament have urged the government to remain vigilant about exorbitant price hike and black marketing of daily essentials including sugar as the major festivals such as Dashain and Tihar approaches. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 29: Members of Parliament have urged the government to remain vigilant about exorbitant price hike and black marketing of daily essentials including sugar as the major festivals such as Dashain and Tihar are just around the corner. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A majority of the parliamentarians attending the meeting of the Public Account Committee under the House of Representatives this week said artificial shortage of daily consumable goods could be created during the festivals and thus brought this matter to the attention of the government. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lawmaker Gokul Prasad Banskota emphasized the need of ensuring people's right to avail the daily essentials at an affordable price. He claimed that the shortage of sugar in the market, especially during the festivel season, was due to giving select persons privileges for the manufacturing and importing essential items. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Rajendra Prasad Lingden appealed to the government to pay timely attention to the plight of the consumers who were bearing the brunt of black marketing and inflation. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Achyut Mainali and Dev Prasad Timalsina expressed concern over the undue advantage that were being taken by middlemen at the expense of genuine farmers when it came to chemical fertilizers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Arjun Narshing KC urged the government to take necessary steps as the general public were bearing the brunt of black marketeering of food items as the festive season approaches. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Ram Krishna Yadav demanded strict actions against those business persons involved in hoarding food items, thereby leaving consumers at the lurch. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Lekhnath Dahal requested the committee members to take stock of the complaints and status of implementation of the decisions in the past to increase the effectiveness of the committee. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, Shyam Ghimire questioned how long would the public corporations sustain with the grants and subsidies provided by the government due to their bleak financial conditions. He demanded effective market monitoring to curb the black marketing of the daily consumable items. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Manish Jha called for making the discussions of the committee public with the use of social media. -- RSS</span></span></span></p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18852', 'image' => '20230929021540_20210812011140_Price Hike.jpg', 'article_date' => '2023-09-29 14:14:42', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 2 => array( 'Article' => array( 'id' => '19124', 'article_category_id' => '1', 'title' => ''Harry Potter' Character Dumbledore Dies Aged 82 ', 'sub_title' => '', 'summary' => 'eptember 29: British-Irish actor Michael Gambon, best known for playing Albus Dumbledore in six of the eight "Harry Potter" films, has died in hospital aged 82, his family announced Thursday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 29: British-Irish actor Michael Gambon, best known for playing Albus Dumbledore in six of the eight "Harry Potter" films, has died in hospital aged 82, his family announced Thursday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Gambon won four television BAFTAs and an Olivier award during a decades-spanning acting career across television, film, radio and theatre, which was capped by his beloved role as the headmaster of the wizarding school Hogwarts in the Potter series. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"We are devastated to announce the loss of Sir Michael Gambon," a statement issued on behalf of his family said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Beloved husband and father, Michael died peacefully in hospital with his wife Anne and son Fergus at his bedside, following a bout of pneumonia." </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Gambon, born in Ireland, began his illustrious acting career in theatre, making his first appearance on stage in a production of "Othello" at the Gates Theatre in the Irish capital Dublin in 1962. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He became well known in Britain for playing a French detective in the ITV series "Maigret", and for his 1986 role as Philip Marlow in screenwriter Dennis Potter's "The Singing Detective". </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He put in a memorable performance in the BBC's 2015 adaptation of JK Rowling's "The Casual Vacancy", while his theatre credentials include appearances in Alan Ayckbourn's "The Norman Conquests", "The Life Of Galileo" and Nicholas Hytner's National Theatre productions of "Henry IV". </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Film roles included in period dramas such as 2010's "The King's Speech" and 2001's "Gosford Park". </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">But he won global acclaim for his performances as Dumbledore in the wildly popular "Harry Potter" films, beginning with 1997's "Harry Potter and the Philosopher's Stone". </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Gambon was knighted for his contribution to the entertainment industry in 1998. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Tributes began to pour in following news of his death. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"I'm so sad to hear that Michael Gambon has died," former Top Gear presenter Jeremy Clarkson said on social media, recalling that the actor was such a "tremendous guest" he had a corner named after him on the BBC show's race track. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"He was hugely amusing, and such a tremendous guest, we even named a corner after him." – AFP/RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18851', 'image' => '20230929023711_HP-F6-half-blood-prince-dumbledore-office-memory-cabinet-web-landscape.jpg', 'article_date' => '2023-09-29 14:36:30', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 3 => array( 'Article' => array( 'id' => '19122', 'article_category_id' => '1', 'title' => 'Manang Beverage launches Manang Valley Wine at 3500 Meters ', 'sub_title' => '', 'summary' => 'September 29: Manang Beverages recently launched the Manang Valley Wine at launch event in Manang’s Sabje Lake, 3500 meters above the sea level. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 29: Manang Beverages recently launched the Manang Valley Wine at launch event in Manang’s Sabje Lake, 3500 meters above the sea level. The company launched two premium apple wines with the aim to uplift the contribution of local farmers of Manang Valley. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">A team of journalists, along with actress Swastima Khadka joined the unveiling program at Manang, marking the “highest” altitude for a product launch on September 27. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“We are thrilled to introduce the Manang Valley Wine, which encapsulates the pure</span> <span style="font-family:"Arial","sans-serif"">essence of the Himalayas. Utilizing state-of-the-art technology, we have artfully</span> <span style="font-family:"Arial","sans-serif"">transformed locally grown apples into a truly exquisite wine. We firmly believe that</span> <span style="font-family:"Arial","sans-serif"">Nepalese consumers, accustomed to foreign wines, will fall in love with the</span> <span style="font-family:"Arial","sans-serif"">enchantment of Manang Valley with every sip," said Aashraya Ranjitkar, managing director of Manang Valley Wine. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Ranjitkar is the third-generation win maker of his family and has partnered with Yuvaraj Gurung, a native of Manang and a third-generation apple farmer. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">“The incredible journey of the Manang Valley Wine makes it truly exciting for us, along with its exquisite taste,” Ranjitkar added.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The manufacturers express that every bottle of wine is a labour of love, a fusion of tradition and innovation, and a tribute to the rich heritage of Manang. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Manang Valley Wine not only represents the pinnacle of Nepali wine-making expertise but also demonstrates that it is possible to craft world-class products from local resources, said the manufacturers. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">According to the company, the launch at a mesmerising location aims to play a pivotal role in Manang's economic growth, offering a unique identity beyond its status as a renowned tourist destination. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The company said its distinctive taste, resulting from the perfect fusion of nature and culture, sets the wine apart as an unrivalled</span> <span style="font-family:"Arial","sans-serif"">gem in the world of fine beverages.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The two versions of Manang Valley Wine come in sweet and semi-sweet taste and are now available across the department store in Kathmandu at Rs 1025, Ranjitkar added.<strong> </strong></span></span></span></p> <p><br /> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18850', 'image' => '20230929011111_IMG_20230927_112548.jpg', 'article_date' => '2023-09-29 13:10:04', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 4 => array( 'Article' => array( 'id' => '19121', 'article_category_id' => '1', 'title' => 'Securities Board Preparing to Take Action against NEPSE', 'sub_title' => '', 'summary' => 'September 29: The Securities Board of Nepal (SEBON) is preparing to take action against the Nepal Stock Exchange (NEPSE) regarding the issue of Transaction Management System (TMS).', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">September 29: The Securities Board of Nepal (SEBON) is preparing to take action against the Nepal Stock Exchange (NEPSE) regarding the issue of Transaction Management System (TMS).</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Informing that a meeting of the board management committee of SEBON decided to take action against NEPSE, Chairman of the board Ramesh Kumar Hamal said that they have sought an explanation from NEPSE on this matter. Hamal said that NEPSE will be given 15 days for submitting a written explanation. He added that the board will take legal action if the explanation is not satisfactory.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Hamal made it clear that action will be taken against anyone found guilty in sensitive matters related to securities transactions. Hamal clarified that although both the SEBON and NEPSE are government agencies, this is the first time one government agency is preparing to take action against the other involved in the share market.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">The board claimed that sensitive data of the securities market is within the reach of a particular company. Currently, the TMS and NEPSE Online Transaction System (NOTS) developed by YCO Company are in operation for managing the transactions of the secondary market of securities. The board decided to take action against NEPSE and asked for an explanation because all the details of the investors of the secondary market have been accessed by the private company YCO.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">Although NEPSE received a letter from the board on September 24, the letter was not opened as Chief Executive Officer Krishna Bahadur Karki was out of the country for an event. NEPSE information officer Murahari Parajuli informed that the letter will be opened only after the chief executive officer is present at the office and the necessary action will taken.</span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial","sans-serif"">In recent days, the board has stepped up efforts to take action in order to regulate the secondary market. Only a few days ago, the board took action against Care Ratings Nepal imposing a cash fine. The board imposed a cash fine of Rs 50,000 after it was found that the rating company was involved in rating against the law. This was the first incident where the board took action against the rating company. Apart from this, the board has also taken action against various broker companies, institutional investors and merchant bankers.</span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18849', 'image' => '20230929122607_Sebon-update.jpg', 'article_date' => '2023-09-29 12:25:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 5 => array( 'Article' => array( 'id' => '19120', 'article_category_id' => '1', 'title' => 'Nepal Fails to Secure Medals in the 19th Asian Games', 'sub_title' => '', 'summary' => 'September 29: A total of 610 medals have been distributed to the players in the ongoing Asia Games as of Thursday. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 29: A total of 610 medals have been distributed to the players in the ongoing Asia Games as of Thursday. Runaway leader China tops the medals tally with 169 medals including 91 gold, 52 silver and 26 bronze medals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">South Korea is a distant second with 86 medals including 24 gold, 23 silver and 39 bronze medals followed by Japan with 18 gold medals, 30 silver and 31 bronze medals. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Nepal, on the other hand, has performed poorly in the sports extravaganza and remains without any medal on the sixth day of the event. Nevertheless, Nepal is expected to win medals in e-sports, badminton and men's cricket tournament in which the national team smashed several world records in its comprehensive win against Mongolia on Wednesday. </span></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Uzbekistan is in the fourth position with 6 gold medals, 10 silver and 15 bronze. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, India has so far secured 6 gold medals, eight silver and 11 bronze, to stay in the fifth position in the 19th Asian Games underway in Hangzhou City of China. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Likewise, Thailand has got six gold medals, Hong Kong Special Administrative Region of China has five gold medals and Chinese Taipei has won four gold medals. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Of the 45 participating countries, 33 countries have managed to bag the medals in the Asian Games which kicked off on Sunday. </span></span></span><br /> </p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18848', 'image' => '20230929114154_XxjpseE007751_20230923_PEPFN1A001.JPG', 'article_date' => '2023-09-29 11:40:35', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 6 => array( 'Article' => array( 'id' => '19119', 'article_category_id' => '1', 'title' => 'Shree Airlines and Fishtail Airlines Banned to Fly Helicopters', 'sub_title' => '', 'summary' => 'The Civil Aviation Authority of Nepal (CAAN) has banned the operation of 'AS-350 B 3 E' helicopters belonging to two airline companies, Shree Airlines and Fishtail Airlines. This action has been taken due to serious violations of aviation regulations.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">September 28: The Civil Aviation Authority of Nepal (CAAN) has banned the operation of 'AS-350 B 3 E' helicopters belonging to two airline companies, Shree Airlines and Fishtail Airlines. This action has been taken due to serious violations of aviation regulations.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">CAAN grounded these helicopters saying that they had violated aviation rules by conducting flights in adverse weather condition in the Lukla region. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> Gyanendra Bhul, Information Officer at CAAN, said that three helicopters owned by these two airlines were banned from flying due to their non-compliance with the requirement to remain grounded during adverse weather conditions.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">These helicopters were observed conducting flights when the visibility was significantly less than the prescribed minimum of 100 meters, a clear violation of Visual Flight Rules (VFR). (RSS) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-29', 'modified' => '2023-09-29', 'keywords' => '', 'description' => '', 'sortorder' => '18847', 'image' => '20230929055844_collage (9).jpg', 'article_date' => '2023-09-29 05:57:20', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 7 => array( 'Article' => array( 'id' => '19118', 'article_category_id' => '1', 'title' => 'Kaligandaki Corridor Road Blocked by Landslide', 'sub_title' => '', 'summary' => 'A landslide has obstructed the Kaligandaki corridor road. The road has been completely closed since last night after a huge landslide fell on the Ridi-Rudrabeni road section under the Kaligandaki corridor, said the district police office, Gulmi.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">September 28: A landslide has obstructed the Kaligandaki corridor road. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The road has been completely closed since last night after a huge landslide fell on the Ridi-Rudrabeni road section under the Kaligandaki corridor, said the district police office, Gulmi. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As a result of the road obstruction, passengers and vehicles heading to Palpa, Butwal and other destinations from the area have been stranded. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Last night, a landslide with a huge rock fell at Bishnupanjar near Ridi bazaar under Ruruchhetra Rural Municipality, blocking the road, said the police. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Upon receiving the information about the landslip, a team led by Inspector Anil Thapa from the Area Police Office, Ridi, has been working at the incident site since today morning to clear debris and open the road, it has been said.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Removing debris with the help of an excavator is underway, said Yadu Gyawali, chairperson of Ruruchhetra Rural Municipality. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The road leading to Burtibang of Baglung district through Ridi-Rudrabeni-Wamitaksar is busy all the time with the highest number of vehicles plying all the time. </span></span><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Repair is underway to open the blocked road as soon as possible, said Chief District Officer Tek Bahadur KC. (RSS) </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18846', 'image' => '20230928050100_collage (8).jpg', 'article_date' => '2023-09-28 16:59:09', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 8 => array( 'Article' => array( 'id' => '19117', 'article_category_id' => '1', 'title' => 'Nepal Receives Foreign Direct Investment worth Rs 264 Billion', 'sub_title' => '', 'summary' => 'September 28: Investors from 57 different countries have injected Foreign Direct Investment (FDI) in Nepal.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">September 28: Investors from </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">57</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> different countries have injected Foreign Direct Investment (FDI) in Nepal. So far, foreign investors have bankrolled Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">264</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">32</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">billion in various sectors such as agriculture, industry, and services in Nepal. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the 'Survey Report on Foreign Direct Investment </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2078/79</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">' published by Nepal Rastra Bank on Wednesday, Nepal received FDI in sectors such as agriculture, forestry, fisheries, construction, electricity, gas, manufacturing sector, mining, tourism, education, finance and insurance, human health and social work, information and communication, transportation and other sectors.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">As of the end of FY </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2078/79</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">, the total amount of foreign investment in Nepal constitutes Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">38</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">58</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion as loans, Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">83</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">78</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion as reserve and Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">141</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif""> 96</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion as paid-up capital.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the central bank, the total foreign direct investment as of FY </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">2077/78</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">stood at Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">227</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">.</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">94</span></span> <span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">billion. Based on this report, it has been seen that foreign investment has increased in the country by Rs around Rs </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">37</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> billion by the time of the survey</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">.</span></span> </span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The central bank selected </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">231</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> companies which received FDI for survey in the review year.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">While publishing the survey report on Wednesday, Nepal Rastra Bank, mentioned that the highest amount of investment came from India.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">India, China, Ireland, Singapore and St Kitts and Nevis are among the top five countries investing in Nepal.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The survey showed that a large part of the foreign investment was used in the industrial sector. The report pointed out that </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">62.6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the total investment was made in the industrial sector and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">37.3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the investment in the service sector. Within the industrial sector, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">32.8</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the investment was made in the hydropower sector and </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">29.5</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent in the production sector. According to the report, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">25.6</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the total investment was made in banks and financial institutions and insurance companies under the service sector.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The Central Bank has stated that the capacity utilization of foreign investment companies operating in Nepal is </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">71.1</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Also, the report mentions that the profit rate of such companies is </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">14.3</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent. Bagmati Province has the highest foreign investment in the country. This province accounts for </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">55.4</span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif""> percent of the total foreign investment.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The lowest FDI is in Karnali Province. According to the report, </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial Unicode MS","sans-serif"">0.02 </span></span><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">percent of the total foreign investment in the country is made in Karnali Province. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Other major investors include Australia, South Korea, the United Arab Emirates, America, the Netherlands, Hong Kong, the UK, Pakistan, Bangladesh, British Virgin Iceland, Norway, Japan, Bermuda, Mauritius, Malaysia, Brunei, Sri Lanka etc.</span></span></span></span></p> <p> </p> <p> </p> <p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""> </span></span></p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18845', 'image' => '20230928012136_Foreign investment.jpg', 'article_date' => '2023-09-28 13:20:41', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 9 => array( 'Article' => array( 'id' => '19116', 'article_category_id' => '1', 'title' => 'Business of Non-Life Insurance Companies Slumps', 'sub_title' => '', 'summary' => 'September 28: Non-life insurance companies earned insurance premiums of Rs 3.3 billion in the Nepali month of Bhadra (mid-August to mid-September) in the current fiscal year (FY).', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">September 28: Non-life insurance companies earned insurance premiums of Rs 3.3 billion in the Nepali month of Bhadra (mid-August to mid-September) in the current fiscal year (FY). This figure is 8.8 percent less than the premiums collected in the corresponding period of last FY.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to the Nepal Insurance Authority, the companies collected Rs 3.39 billion in insurance fees in mid-August to mid-September 2023. Experts in the insurance sector say that there is no progress in the insurance business at present.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In the review month, non-life insurance companies have issued 195,257 insurance policies worth Rs 835 billion. As of mid-September in the current FY, insurance companies have collected Rs 7.8 billion in insurance fees. </span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Chunky Chhetri, president of Nepal Insurers Association and Chief Executive Officer of Sagarmatha Lumbini Insurance Company, says that there is currently no growth in the insurance sector.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">"The chain effect of the recession has also affected the insurance sector," he said, adding, "Currently the vehicle business has not been able to gain pace."</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">According to Chhetri, imports-exports have also decreased. There is also a situation where banks and financial institutions have not been able to invest. Its chain effect has fallen on non-life insurance business.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Two small non-life insurance companies, which have been operating since last July, earned Rs 300,000 in insurance fees in the review month. In the review month, Nepal Micro Insurance Company Limited collected Rs 213, 000 and Protective Micro Insurance Company Limited collected 87,000 in insurance fees. The two insurance companies issued 87 insurance policies worth Rs 12.16 million.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Naresh Kumar Rokka, Chief Executive Officer of Rotative Micro Insurance, says that his company is currently expanding its services. According to Rokka, the company is planning to expand 15 branches in all seven provinces before Dashain.</span></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18844', 'image' => '20230928010043_1695866167.1693207181.jpg', 'article_date' => '2023-09-28 13:00:05', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 10 => array( 'Article' => array( 'id' => '19115', 'article_category_id' => '1', 'title' => 'NRB Doubles the Daily Limit for Gold Import, Banks can Now Import 20 kg Gold Per Day', 'sub_title' => '', 'summary' => 'September 28: Nepal Rastra Bank has increased the daily limit for gold import.', 'content' => '<p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">September 28: Nepal Rastra Bank has increased the daily limit for gold import. The central bank increased the gold import quota on Wednesday by amending the Integrated Circular-2079.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">The NRB has mentioned in the circular that the daily limit for gold import has been fixed at 20 kg in accordance with section 4 (a) of Gold Import and Sale Distribution Procedure, 2068. This is twice the previous quota.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Two years ago, the central bank had restricted the daily gold import quota to 10 kg in order to maintain the foreign currency reserves following the outbreak of the coronavirus pandemic which affected the world market.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">Since then, the gold traders have been time and again requesting the government to increase the gold import limit saying that they could not meet the demand with the allotted quota.</span></span></span></span></p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""><span style="font-size:15.0pt"><span style="font-family:"Arial","sans-serif"">In Nepal, only commercial banks are allowed to import gold for business purpose. The commercial banks have been importing gold and selling it to businessmen according to the quota fixed by the central bank.</span></span></span></span></p> <p> </p> <p> </p> <p><span style="font-size:12pt"><span style="font-family:"Times New Roman","serif""> </span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18843', 'image' => '20230928124730_1695819834.jpg', 'article_date' => '2023-09-28 12:46:56', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 11 => array( 'Article' => array( 'id' => '19114', 'article_category_id' => '1', 'title' => 'National Conclave on WASH Concludes, Issuing 20-Point Kathmandu Declaration ', 'sub_title' => '', 'summary' => 'September 28: The National Conclave on Water Supply, Sanitation and Hygiene (WASH) concluded on Wednesday, issuing a 20-point declaration with commitments to achieving the national goals of sustainable development.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 28: The National Conclave on Water Supply, Sanitation and Hygiene (WASH) concluded on Wednesday, issuing a 20-point declaration with commitments to achieving the national goals of sustainable development. The Declaration aims to promote the principles of sustainability, inclusion, equity and global access in WASH services. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The two-day event hosted by the Ministry of Water Supplies highlighted the significant contributions of WASH services to public health, environmental sustainability, social development and so on. The Declaration insists on the importance of coordination, collaboration, and regional partnerships in strengthening the capacity for wider, equitable, and sustainable WASH service system. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It has called for incorporating the recommendations made during the Conclave in sectorial development endeavors, development strategies and periodic plans in the concerned sector. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Underlining the need for comprehensive planning, enhanced regulation of WASH services at all levels, and capacity building of service providers, the Declaration highlights the importance of improved intergovernmental coordination among the three-tier government to ensure better services. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">It stressed the need for gender equality and social inclusion in WASH sector, calling for implementing measures to conserve water resources through integrated water resource management, groundwater recharge, and early warning systems for flood and drought preparedness in urban and rural areas. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Declaration recommended preparing a sustainable economic draft and WASH financial strategies to advance towards the Sustainable Development Goals and ensure the security of investments in the WASH sector. It proposed aligning WASH investments with inclusive, green, and flexible development principles and implementing WASH programmes capable of addressing climate change and disaster-related issues. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In addition, advocating for the improvement of the professional rights and security of frontline sanitation workers, the event stressed the need for ensuring inter-sectorial cooperation among the three-tier government in the WASH sector, with proper utilization of communication systems. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The event was attended by over 200 people including the representatives from the three-tier government, from the private and non-government sectors, civil society, experts and the development partners.-- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18842', 'image' => '20230928120326_wash.jpg', 'article_date' => '2023-09-28 12:02:43', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 12 => array( 'Article' => array( 'id' => '19111', 'article_category_id' => '1', 'title' => 'Malaysian Company to Conduct Feasibility Study for Establishing Fertilizer Factory in Nepal', 'sub_title' => '', 'summary' => 'September 27: The Investment Board, Nepal has signed an agreement with a Malaysian company to conduct a feasibility study for the establishment of a chemical fertilizer factory in Nepal. ', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">September 27: The Investment Board, Nepal has signed an agreement with a Malaysian company to conduct a feasibility study for the establishment of a chemical fertilizer factory in Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">IBN Chief Executive Officer Sushil Bhatta and Re-Nicola's Managing Director Bomhidi Abdelali signed the contract on behalf of their respective organisations amidst a programme on Wednesday. Re-Nicola is a Malaysian company. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Issuing a press statement, IBN shared that the board has reached an agreement with the Malaysian company to establish a chemical fertilizer factory to produce green ammonia and calcium ammonium nitrate. As per agreement, Re-Nicola will have to submit a detailed feasibility study report within 24 months of agreement. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The chemical fertilizer factory would be established at Abukhaireni of Tanahu district. -- RSS </span></span></span></p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18839', 'image' => '20230928103913_20220624091714_Fertilizer.jpg', 'article_date' => '2023-09-28 10:38:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ), (int) 13 => array( 'Article' => array( 'id' => '19110', 'article_category_id' => '1', 'title' => 'Furniture Expo 2023 Begins at Bhrikutimandap', 'sub_title' => '', 'summary' => 'The Furniture and Furnishing Expo 2023 commenced on September 27 at the Bhrikutimandap exhibition hall.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">September 28: The Furniture and Furnishing Expo 2023 commenced on September 27 at the Bhrikutimandap exhibition hall. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">This event, in its 9th edition, is organized by the Nepal Furniture and Furnishing Association with the primary objective of promoting Nepal's furniture and furnishing market and uniting locally produced goods and services in one convenient location.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Over a hundred stalls featuring furniture and furnishing material sellers, manufacturers, importers, distributors, machinery and technology providers, dealers, and others have been set up at the exhibition.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Entry is free, and the organizers anticipate over 50,000 visitors to attend the expo. Additionally, the exhibition venue offers specialized consulting services for architecture and interior design. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Minister of Industry, Commerce, and Supply, Ramesh Rijal, emphasized the government's commitment to prioritizing policies that boost domestic production, reduce imports, and encourage exports. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He underscored the need to promote the export of handicrafts rooted in Nepal's original art culture and crafted from local raw materials. (RSS)</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-28', 'modified' => '2023-09-28', 'keywords' => '', 'description' => '', 'sortorder' => '18838', 'image' => '20230928061934_collage (7).jpg', 'article_date' => '2023-09-28 06:17:18', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '42' ) ), (int) 14 => array( 'Article' => array( 'id' => '19109', 'article_category_id' => '1', 'title' => 'China Swimming Ace Zhang Fires Olympic warning as Nepal Breaks Cricket Records', 'sub_title' => '', 'summary' => 'September 27: World champion swimmer Zhang Yufei sent a major message to her Paris 2024 rivals on Wednesday at the Asian Games as Nepal smashed multiple records in cricket.', 'content' => '<p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">September 27: World champion swimmer Zhang Yufei sent a major message to her Paris 2024 rivals on Wednesday at the Asian Games as Nepal smashed multiple records in cricket.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">According to AFP, hosts China lead the medals table with 76 golds, far ahead of South Korea (19) and Japan (15), after adding titles in a range of sports from artistic gymnastics and chess to beach volleyball and swimming.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The home nation and Zhang in particular have been in ominous form in the pool in Hangzhou, with the Paris Olympics coming up fast, just 10 months away, added the French news agency.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">“The 25-year-old Zhang blasted the fastest time of the year to easily win the 100m butterfly gold, then helped China to come within a whisker of shattering the 4x100m mixed medley relay world record. Zhang, who has already claimed the 200m fly crown in Hangzhou to go with her Olympic gold, surged to the wall in a new Games-record 55.86sec.”</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">That beat the 56.12 that earned her the world title in July, but she wasn't happy.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">"It doesn't feel so good. This wasn't the record I wanted, I wanted the world record," AFP quoted her as saying.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Swedish great Sarah Sjostrom has held the world mark of 55.48 since the 2016 Rio Olympics.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">China took home gold in four of the seven finals on the evening, with Japan (two) and South Korea (one) winning the others.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><strong>Nepal smashes records </strong></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In hazy morning sunshine on day four of the Games, rampant Nepal rewrote the T20 international record books against bewildered part-timers Mongolia in a 273-run thumping in men's cricket.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal bludgeoned 314-3 in their 20 overs, beating the previous highest T20 men's international innings of 278-3 by Afghanistan against Ireland in 2019, added AFP.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Teenager Kushal Malla, batting number three, spearheaded the onslaught by crashing the fastest T20 international century, off 34 balls.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Among the other records they racked up, Dipendra Singh Airee hit a scarcely believable eight sixes in an unbeaten 52 off 10 balls.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The powerful 23-year-old raced to his fifty off nine balls, another T20 world record and one that should stand in perpetuity because it is mathematically impossible to reach the landmark any quicker.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Nepal's 26 sixes in the innings was also the best ever.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Mongolia, whose women's team were bowled out for just 15 at the Asian Games last week, were dismissed for only 41 in 13.1 overs.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Much sterner tests await for Nepal, with India and Pakistan both in the draw although the heavyweights have reportedly sent their B team as their main focus is on the Cricket World Cup.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif""><strong>Early celebrations </strong></span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In another gold rush for hosts China, they won the women's and men's street finals in skateboarding thanks to a couple of teenagers.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">The 16-year-old Zhang Jie triumphed in the men's and Cui Chenxi, just 13, won the women's. But China did not have it all their own way as Japan won all three golds on offer on the day on the cycling track ahead of the hosts.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Japan sped to victory in women's and men's team pursuit, and in women's keirin.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">Japan's Naoki Kojima said he and his teammates were celebrating well before they crossed the line in the men's team pursuit.</span></span></p> <p><span style="font-size:18px"><span style="font-family:Calibri,"sans-serif"">In other sports, Chinese table tennis legend Ma Long, 34, said he had almost certainly made his last Asian Games appearance after helping the hosts to men's team gold. Asked about the prospect of defending his Olympic title next year, Ma told AFP: "Paris is still too early to say for me."</span></span></p> <p> </p> ', 'published' => true, 'created' => '2023-09-27', 'modified' => '2023-09-27', 'keywords' => 'Asian, Games, Nepal, China, record, cricket, swimming, Olympics, Zhang, Kushal', 'description' => '', 'sortorder' => '18837', 'image' => '20230927093120_983574-01-02.jpg', 'article_date' => '2023-09-27 21:30:07', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '34' ) ) ) $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
