March 4: The half-yearly review of the monetary policy has failed to address some of the issues raised by bankers at a time when the term of the central bank’s governor is about to…
March 4: The half-yearly review of the monetary policy has failed to address some of the issues raised by bankers at a time when the term of the central bank’s governor is about to…
March 4: The Annapurna trekking route has seen no human mobility due to fear stemming from global epidemic of…
March 4: India, the world’s main supplier of generic drugs, has restricted the export of 26 pharmaceutical ingredients and the medicines made from them, as the coronavirus outbreak plays havoc with supply chains, according to…
March 5: Tourism entrepreneurs in Nepal have called for halting two-way flights to the countries where coronavirus cases have been reported.…
March 3: Countries across the globe have taken various measures to prevent the spread of coronavirus outbreak but the government of Nepal hasn’t clearly mentioned if it has postponed the Visit Nepal 2020 campaign or not.…
…
February 28: The government has decided to impose additional tax on infrastructure development. …
February 27: The Government of Japan has provided US dollars 624,770 (Rs 71.70 million) to Peace Winds Japan under the Grant Assistance for Japanese NGO Projects.…
February 27: Nepal’s northern border with China, which has remained closed since a month following the coronavirus outbreak in mainland China, is unlikely to open anytime…
February 27: Nepal Stock Exchange (Nepse) achieved another milestone on Wednesday (February 26) with yet another record of biggest-ever transaction in a single…
February 26: Bangladesh imported oranges worth US$ 68.4 million (Rs 7.79 billion) in 2018, according to ITC…
February 27: Myagdi district has witnessed snowfall for the seventh time this season. The highlands of Myagdi received snowfall earlier this…
February 27: Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has announced his candidacy for the post of Senior Vice President of FNCCI. …
February 26: A meeting of the House of Representatives (HoR) on Wednesday (February 26) endorsed the first amendment to the Banks and Financial Institutions Act (BAFIA).…
February 27: Vendors and local pharmacies in Nepal have hiked the price of surgical and face masks by more than three times following the rise in demand for such…
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These issues have not been addressed by the half-yearly review. However, the bankers are hopeful that those issues would be addressed in the coming days once the central bank gets a new governor.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Nepal Bankers Association had urged Nepal Rastra Bank to reduce the spread rate from 4.5 percent to 4.4 percent. They were also demanding that the mandatory provision of issuing 25 percent debenture on the paid-up capital to be made optional.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Most of the bankers believe that the central bank did not amend the monetary policy much to avoid controversy at a time when Governor Chiranjivi Nepal is about to retire after completion of his five-year term on March 18.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Chairman of Nepal Bankers Association Bhuvan Dahal said they are hopeful that the central bank would address their demands in the future.</span></span></p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11458', 'image' => '20200304012815_NRB Facebook (2).jpg', 'article_date' => '2020-03-04 13:27:44', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '11709', 'article_category_id' => '1', 'title' => 'Corona Effect All-Pervasive in Annapurna Trek ', 'sub_title' => '', 'summary' => 'March 4: The Annapurna trekking route has seen no human mobility due to fear stemming from global epidemic of coronavirus. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">March 4: The Annapurna trekking route has seen no human mobility due to fear stemming from global epidemic of coronavirus. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Annapurna circuit trek, which starts with counter-clockwise from Lamjung district headquarters, Beshisahar, ends at Pokhara in Kaski after making a circle around Muktinath and Jomsom. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There used to be a huge inflow of tourists in the trekking route during the season in past years. However, the trek in this season seems to be void. Surprisingly, there is no mobility of tourists trekking to Manang via Lamjung Besisahar, Khudibhulbhule, Bahundanda and Jagatchyamche. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The tourism and hotel entrepreneurs here have been disappointed due to almost no arrival of tourists and trekkers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to tourism entrepreneur Binod Gurung, last year the hotel rooms were fully occupied and they had to accommodate tourists under tents but this time almost all rooms are empty. Similar are the stories of other hotel entrepreneurs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Another hotel entrepreneur Mingmar Lama said tourists' arrival in the trekking route is declining day after day due to reasons including excessive snowfall and coronavirus epidemic. The trek route is seen with no tourists even during peak season, he added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"We are fearful of disease transmission rather than drop arrival of tourists," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the Manang district administration office has called for locals to remain cautious of tourists and adopt measures to prevent the possible spreading of coronavirus. - RSS</span></span></span></p> <p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif""><img alt="" src="/app/webroot/userfiles/images/bbbbb%281%29.jpg" style="height:1067px; width:800px" /></span></span></span></p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11457', 'image' => '20200304010648_aaaadsffgghhg.jpg', 'article_date' => '2020-03-04 13:05:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '11705', 'article_category_id' => '1', 'title' => 'India Restricts Export of Drugs amid Coronavirus Fears', 'sub_title' => '', 'summary' => 'March 4: India, the world’s main supplier of generic drugs, has restricted the export of 26 pharmaceutical ingredients and the medicines made from them, as the coronavirus outbreak plays havoc with supply chains, according to Reuters.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 4: India, the world’s main supplier of generic drugs, has restricted the export of 26 pharmaceutical ingredients and the medicines made from them, as the coronavirus outbreak plays havoc with supply chains, according to Reuters.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The news agency reported that those drugs also include Paracetamol, a common pain reliever. Nevertheless, the Indian government urged calm and said there is enough stock to manufacture drugs for two to three months.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The government’s list of 26 active pharmaceutical ingredients (APIs) and medicines accounts for 10 pewrcent of all Indian pharmaceutical exports and includes several antibiotics, such as tinidazole and erythromycin, the hormone progesterone and Vitamin B12, Reuters added.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">It was unclear how the restriction would impact the availability of these medicines in the countries that import from India and also depend on China. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Indian drugmakers largely rely on China, the country where the coronavirus outbreak originated, for almost 70 percent of the APIs for their medicines. Experts say they are likely to face shortages if the epidemic drags on.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"Export of specified APIs and formulations made from these APIs... is hereby 'restricted' with immediate effect and till further orders," Reuters quoted the Director General of Foreign Trade as saying in a statement on Tuesday, without explaining the extent of the restrictions.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Dinesh Dua, chairman of the Pharmaceuticals Export Promotion Council of India, reportedly said some of these molecules may face shortages for the next couple of months irrespective of the ban.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He further said if coronavirus is not contained, it could cause acute shortages.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In a statement, the Indian federal government said state authorities had been asked to monitor the production and availability of APIs and formulations to prevent black marketing and hoarding. </span></span></p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11456', 'image' => '20200304110850_aaaa.jpg', 'article_date' => '2020-03-04 11:08:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '11707', 'article_category_id' => '1', 'title' => 'Tourism Entrepreneurs Urge Flight Restriction ', 'sub_title' => '', 'summary' => 'March 5: Tourism entrepreneurs in Nepal have called for halting two-way flights to the countries where coronavirus cases have been reported. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">March 5: Tourism entrepreneurs in Nepal have called for halting two-way flights to the countries where coronavirus cases have been reported. They suggested to do so as a preventive measure to prevent the possible outbreak of coronavirus in the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Coronavirus, renamed as COVID-19 by the WHO, has spread to more than 60 countries so far, claiming the lives of over 3,000 people and infecting around 89,000. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">To curb the outbreak of COVID-19 in Nepal, they have underscored the need for the government and members of public to observe high alertness. One among them is to restrict the international flights to limit the risk of import of the infection. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal is one among those South Asian countries that are, according to the WHO, at high risk of COVID-19 that was first reported in Wuhan of Hubei province in China on December 31, 2019. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Although the government has been observing precautions for risk reduction and management of this flu-like infection, the tourism entrepreneurs here have demanded a slew of draconian measures. They have argued that such measures are not the question of 'if' but 'when' the cases of COVID-19 surges uncontrollably in our country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Trekking Agencies Association of Nepal (TAAN)'s President Khum Bahadur Subedi shared that they have requested the Ministry of Culture, Tourism and Civil Aviation to restrict all the international flights to and from the countries reporting COVID-19 cases. "There's high risk of COVID-19 adversely affecting the tourism sector of Nepal and its entire economy. A high alert must be observed to curb its risk," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal has inked bilateral air service agreement with around 40 countries and 29 air service provider companies are operating international flights from the only international airport in the country-Tribhuvan International Airport (TIA). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The tourism entrepreneurs have urged with the regulatory agencies to put temporary ban on the flights to and from the countries such as China, South Korea and Japan among others to prevent any outbreak. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal Association of Tours and Travel Agents (NATA) President Achyut Guragain shared that they have been regularly in touch with the stakeholders and concerned government agencies for cancelling flights to and from the countries with high risk of COVID-19. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared that attention was drawn towards further scaling up the screening of the incoming passengers at the TIA for which the TIA's Help Desk should be equipped with more human resources and thermal cameras. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, launching awareness campaign about the infection in schools and public places was equally important to control the spread of the deadly infection. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Civil Aviation Authority of Nepal (CAAN)'s Director General Rajan Pokharel said that like in other countries, necessary precaution has been observed in the Nepal's aviation sector. According to him, the CAAN has already issued a travel advisory to all the Nepalis not to consider abroad trips except in urgent situations. - RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11455', 'image' => '20200304122929_Coronavirus-outbreak-The-countries-affected.jpg', 'article_date' => '2020-03-04 12:28:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '11704', 'article_category_id' => '1', 'title' => 'Doubts Regarding VNY 2020 Still Persists', 'sub_title' => '', 'summary' => 'March 3: Countries across the globe have taken various measures to prevent the spread of coronavirus outbreak but the government of Nepal hasn’t clearly mentioned if it has postponed the Visit Nepal 2020 campaign or not. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Cambria">March 3: Countries across the globe have taken various measures to prevent the spread of coronavirus outbreak but the government of Nepal hasn’t clearly mentioned if it has postponed the Visit Nepal 2020 campaign or not. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">The government has however decided to stop issuing on-arrival visas in a bid to prevent the possible spread of coronavirus. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">But it has not taken any decision whether to postpone the campaign or to give continuity to the ambitious programme to welcome 2 million tourists to Nepal amid such uncertainty. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">It has been learnt that the cabinet meeting on Sunday decided to postpone the Visit Nepal 2020 campaign for 2022 but the official version is yet to be announced. There are only speculations right now as even the Visit Nepal Secretariat and the ministry concerned seem to be confused about the issue.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">The government has neither consulted with the stakeholders nor informed them about any decision. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">As the government only informs about cabinet decisions on Thursdays, the official version is still not out.</span></span></p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11454', 'image' => '20200304100628_20190531031100_Visit-Nepal-2020-Logo.jpg', 'article_date' => '2020-03-04 10:05:38', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '11703', 'article_category_id' => '1', 'title' => 'Brand new A319 Aircraft of Himalaya arrives in Kathmandu ', 'sub_title' => '', 'summary' => '', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">March 3: A brand new Airbus A319-115 series aircraft belonging to Himalaya Airlines, Nepal’s joint venture international airliner, has arrived in Kathmandu. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The much awaited A319 aircraft MSN 9020 of Himalaya, with registration number <strong>9N-AJK</strong>, landed in Tribhuvan International Airport (TIA) on March 2 at 22:20 hours local time.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Himalaya Airlines said it added the brand new A319-115 to its fleet to mark its fifth anniversary.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"> Vice President (operations) of Himalaya Airlines, Hao Di, received the new aircraft with its maiden flight from Tianjin Binhai International Airport in China, to TIA, Kathmandu. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">With the arrival of the new aircraft, Himalaya Airlines now has three Airbus A320-214 and an A319-115 in its fleet.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Airbus A319-115 is narrow body commercial passenger jet with twin engines and is a member of the Airbus A320 series that can fly both in short and medium ranges. The airline company in a statement said that the aircraft is configured with 8 business-class seats and 120 economy-class seats. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A319 offers new and more efficient engines which will help Himalaya to save fuel up to 15 percent, the statement added. The aircraft is capable of flying to high altitude destinations including Lhasa. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Himalaya Airlines made its debut in Nepali aviation on May 31, 2016 with its first commercial flight to Doha by operating its solo 158 seat capacity A320-114 series aircraft. Currently, the airlines operates flights to Doha, Dammam, Dhaka, Kuala Lumpur, Abu Dhabi as well as to Changsha, Guiyang, Shenzhen, Beijing and Chongqing in China. </span></span></p> ', 'published' => true, 'created' => '2020-03-03', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11453', 'image' => '20200303043548_Himalaya Airlines.jpg', 'article_date' => '2020-03-03 16:33:55', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '26' ) ), (int) 6 => array( 'Article' => array( 'id' => '11701', 'article_category_id' => '1', 'title' => ' Govt Increases Tax Net ', 'sub_title' => '', 'summary' => 'February 28: The government has decided to impose additional tax on infrastructure development. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">February 28: The government has decided to impose additional tax on infrastructure development. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The tax on infrastructure development was introduced by the then finance minister Bishnu Poudel in 2073/74, according to the state-owned national news agency – Rastriya Samachar Samiti (RSS).</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">This tax was utilized on the Budhigandaki Hydropower Project, one of the national pride projects of Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A total of Rs 41 billion has been raised so far with the tax of Rs 5 per liter on petroleum products at customs points. The amount has been used for compensation to the land acquired for the project. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">With the revision, the government has increased the tax on infrastructure development to Rs 10 per litre on petrol and diesel. The decision to this effect was taken by the Council of Ministers on Monday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sharing information about the cabinet decisions at a press meet on Thursday, Finance Minister Yuba Raj Khatiwada, who is also the government spokesperson, said the infrastructure development tax will now on be imposed on aviation fuel as well. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, Nepal Rastra Bank would get a new governor in third week of March. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In response to a question whether he would remain as National Assembly member, Khatiwada requested everyone to have patience till March 4, the day to conduct the swearing-in ceremony of new members of the upper house. </span></span></span></p> ', 'published' => true, 'created' => '2020-02-28', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11451', 'image' => '20200303043229_tax-rate.JPG', 'article_date' => '2020-02-28 09:25:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '11700', 'article_category_id' => '1', 'title' => 'Japanese Assistance for Improving Water Access and Agriculture Income', 'sub_title' => '', 'summary' => 'February 27: The Government of Japan has provided US dollars 624,770 (Rs 71.70 million) to Peace Winds Japan under the Grant Assistance for Japanese NGO Projects. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">February 27: The Government of Japan has provided US dollars 624,770 (Rs 71.70 million) to Peace Winds Japan under the Grant Assistance for Japanese NGO Projects. The fund will be used for implementing a project on improving water access and agricultural income in Sindhupalchowk district, according to a statement issued by the Japanese Embassy in Kathmandu.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">According to the statement, Peace Winds Japan, an international NGO based in Japan, will work with Nepali partner NGO, the Institution for Suitable Actions for Prosperity (ISAP), to implement the project in Sunkoshi and Melamchi Municipalities and Balefi Rural Municipality.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The grant contract for the project was signed and exchanged between Japanese Ambassador to Nepal Saigo Masamichi and Yamamoto Yuko, country representative of Peace Winds Japan, at the Embassy of Japan in Nepal on February 27.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The grant will be used to enhance the people’s living condition by improving water access and through income generation from agriculture. </span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">“It will build and renovate safe drinking water facilities in all three municipalities that were badly affected by the 2015 earthquakes. It will also work to enhance the income of the people through agriculture production and marketing support,” the statement added.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The Embassy of Japan in Nepal said it expects the project to contribute towards poverty reduction by improving water access and agriculture incomes and also serve as a good practice for replication in other districts in Nepal. The Embassy also expects the project to contribute to the cordial friendship between the people of Japan and Nepal.</span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11450', 'image' => '20200303035430_Japanese Assistance for Improving Water Access and Agriculture Income.JPG', 'article_date' => '2020-02-27 13:17:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '11698', 'article_category_id' => '1', 'title' => 'Trade Points in Northern Border to Remain Closed', 'sub_title' => '', 'summary' => 'February 27: Nepal’s northern border with China, which has remained closed since a month following the coronavirus outbreak in mainland China, is unlikely to open anytime soon.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 27: Nepal’s northern border with China, which has remained closed since a month following the coronavirus outbreak in mainland China, is unlikely to open anytime soon.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Government authorities have said they are not in a hurry to open the border as the epidemic has not been fully contained in China.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Tatopani and Rasuwagadhi, the two major customs point between Nepal and China, have remained shut since January 29 to prevent further spreading of the deadly virus.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">More than 500 containers of goods ordered by Nepali importers have remained stuck across the border in Kerung. Those containers contain goods worth Rs 3 billion.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">High-ranking government officials hand held a meeting earlier this week to discuss about resuming trade from the border point. The meeting chaired by secretaries of the finance, home, health and industry ministries concluded that it is not safe to reopen the border points unless they have modern equipment and facilities to screen the visitors.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As the government currently lacks equipment to screen the people coming from China, the authorities have decided not to reopen the border for the time being, informed Joint Secretary Uttar Kumar Khatri of the finance ministry.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He said that the government’s priority at the moment is protecting its citizens from the deadly virus rather than resuming trade.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">“The fear of infection has not yet subsided. Keeping in consideration the national security, it seems likely that the resumption of trade from the border will take some more time,” added Khatri.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to him, the government will ease the restriction once the threat level decreases.</span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11449', 'image' => '20200303035545_Trade Points in Northern Border to Remain Closed.jpg', 'article_date' => '2020-02-27 12:18:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '11693', 'article_category_id' => '1', 'title' => 'Nepse Achieves Another Milestone with All-Time High Transactions', 'sub_title' => '', 'summary' => 'February 27: Nepal Stock Exchange (Nepse) achieved another milestone on Wednesday (February 26) with yet another record of biggest-ever transaction in a single day.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 27: Nepal Stock Exchange (Nepse) achieved another milestone on Wednesday (February 26) with yet another record of biggest-ever transaction in a single day.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Nepse Index, which has been rising since a month, not only broke its previous record of highest transaction set only a few days ago but also recorded the maximum share transaction in its history.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">At the close of the day, Nepse witnessed a new record of share transactions worth Rs 4.15 billion, which is almost Rs 55 million more than the previous mark of Rs 3.60 billion set on Sunday (February 23).</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A total of 9,906,000 units of shares of 180 companies were traded on Wednesday.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The Nepse index increased by 50.93 points to reach 1596.13 points, the highest in last 30 months. The last time Nepse index rose so high was on August 30, 2017, when was 1590.36 poitns.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The latest figure is the 20 th time that the daily transaction of Nepse crossed the mark of Rs 2 billion in a single day. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The entry of new investors in the market is considered as one of the reasons of the encouraging transaction in the stock market.</span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11445', 'image' => '20200303040000_Nepse Achieves Another Milestone with All-Time High Transactions.jpg', 'article_date' => '2020-02-27 10:29:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '11692', 'article_category_id' => '1', 'title' => 'Nepal has Good Prospects of Selling Oranges to Bangladesh', 'sub_title' => '', 'summary' => 'February 26: Bangladesh imported oranges worth US$ 68.4 million (Rs 7.79 billion) in 2018, according to ITC Trademap.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">February 26: Bangladesh imported oranges worth US$ 68.4 million (Rs 7.79 billion) in 2018, according to ITC Trademap.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">Bangladesh mainly imports oranges from African countries. Nepal can capitalize on Bangladesh’s demand for oranges of almost Rs 8 billion by supplying the fruit if the eastern hills of the country are developed into orange farms. For this, the government needs to encourage the farmers, provide them with grant and waive tax for a certain period. The government must also give quality assurance and then sign B2B and G2G agreements with Bangladesh. </span></span></span></p> <p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif""><img alt="" src="/app/webroot/userfiles/images/Clipboard01%2842%29.jpg" style="height:485px; width:667px" /></span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif""><img alt="" src="/app/webroot/userfiles/images/2%2865%29.jpg" style="height:456px; width:800px" /></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11444', 'image' => '20200303040600_orange.jpg', 'article_date' => '2020-02-27 09:50:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '11699', 'article_category_id' => '1', 'title' => 'Myagdi Receives Snowfall for Seventh Time', 'sub_title' => '', 'summary' => 'February 27: Myagdi district has witnessed snowfall for the seventh time this season. The highlands of Myagdi received snowfall earlier this week.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 27: Myagdi district has witnessed snowfall for the seventh time this season. The highlands of Myagdi received snowfall earlier this week.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">High-altitude areas like Gurja, Lulang, Mangala, Todke, Jhakripani, Ruine, Bhagwati, Kuinemangale, Ghodepani, Chitre, Ramche among other settlements received the snowfall.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">It has been reported that the snowfall in some areas is one foot deep.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">This is the seventh time the district received snowfall in the last two and a half months.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The locals have complained that the snowfall has crippled life in the district while also halting the development works.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">However, farmers are elated that the snowfall help flourish their winter crops.</span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11443', 'image' => '20200303042249_snowfall.jpg', 'article_date' => '2020-02-27 13:02:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '11690', 'article_category_id' => '1', 'title' => 'Dhakal fields his candidacy for Senior Vice President of FNCCI ', 'sub_title' => '', 'summary' => 'February 27: Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has announced his candidacy for the post of Senior Vice President of FNCCI. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">February 27: Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has announced his candidacy for the post of Senior Vice President of FNCCI. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhakal has formally announced his candidacy for the post of the senior vice president of the federation at a programme organised in the capital on Wednesday (February 26). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"I declare my candidacy for the post of the senior vice president of the Federation from my own hometown among my relatives, well-wishers and seniors," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Stating that his own career was started from very small business, he said that he understands the issues and problems of the business community. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"My own career was also started from a very small business and job. And I have reached the present stage playing here," he said adding, "Therefore, I understand the situation, problem and issues of small business people and entrepreneurs." </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhakal pledged to work for raising the confidence of the business community and remain together with them at every ups and downs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Stating that the government alone could not meet the development expectations and fulfill the aspirations of all, he said that he would work make the private sector more strong and competent for lobbying with the government to create conducive business environment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He said that he would work to create conducive environment to attract foreign investment in the country, to bring in new and innovative ideas and technologies, fight for the rights for the private sector and settle the issues and grievances of the business people. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Last but not the least, I will lobby with the government for attaining rapid economic development with social justice and achieve the goal of prosperous Nepal and happy Nepali," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhakal, is a first generation serial entrepreneur of Nepal. He and his brother Hem Raj Dhakal co-founded the IME conglomerate of businesses. He strongly believes in and adheres to the ethics of professional financial conduct and governance. Additionally, he has set an exemplary model for the successful merger and acquisition of banks and financial institutions in Nepal. Dhakal’s visionary leadership has contributed to evolve the IME Group from its humble beginnings into a fast growing conglomerate. </span><br /> <br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhakal has been serving as the Honorary Consul of the Republic of Indonesia in Nepal since 2010. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He is also the President of Nepal Indonesia Chamber of Commerce and Industry and Vice-President of The Nepal German Chamber of Commerce and Industry. - RSS</span></span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11442', 'image' => '20200303042418_Chandra dhakal (2).jpg', 'article_date' => '2020-02-27 08:56:22', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '11691', 'article_category_id' => '1', 'title' => 'Parliament Endorses First Amendment to BAFIA ', 'sub_title' => '', 'summary' => 'February 26: A meeting of the House of Representatives (HoR) on Wednesday (February 26) endorsed the first amendment to the Banks and Financial Institutions Act (BAFIA). ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">February 26: A meeting of the House of Representatives (HoR) on Wednesday (February 26) endorsed the first amendment to the Banks and Financial Institutions Act (BAFIA). The amendment bill tabled at the lower house meeting by Speaker Agni Prasad Sapkota was passed by the majority of lawmakers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, President of the Finance Committee under the HoR, Krishna Prasad Dahal and member of the Education and Health Committee Jeevan Ram Shrestha on behalf of the committee's President Jayapuri Gharti tabled the report related to the Citizens Investment Trust Bill (Second Amendment), 2076 BS and the report related to the National Sports Development Bill, 2076 respectively at the meeting. - RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11441', 'image' => '20200303042507_Parliament Endorses First Amendment to BAFIA.jpg', 'article_date' => '2020-02-27 09:10:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '11695', 'article_category_id' => '1', 'title' => 'Price of Masks Rises Three Folds', 'sub_title' => '', 'summary' => 'February 27: Vendors and local pharmacies in Nepal have hiked the price of surgical and face masks by more than three times following the rise in demand for such masks.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 27: Vendors and local pharmacies in Nepal have hiked the price of surgical and face masks by more than three times following the rise in demand for such masks.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A packet of mask which was available at Rs 500 about a month ago now costs more than Rs 1500. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Until January 28, a packet of branded mask was available at Rs 500 while other normal packets of masks used to cost Rs 300. However, vendors have hiked the price to Rs 1700 and Rs 1000 respectively citing lack of supply due to scarcity of masks following the coronavirus outbreak in China. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A representative of Nims Pharmacy located in Thapathali informed NBA that the vendors have increased the price of masks by more than three times.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The outbreak of Covid-19 (Coronavirus) in Wuhan, China has created a panic in the global health sector and Nepal is not an exception.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">This has increased the demand for masks and the vendors are taking advantage of the situation by hiking the price arbitrarily.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><img alt="" src="/app/webroot/userfiles/images/aadafjj.jpg" style="height:532px; width:800px" /> </span></span></p> <p> </p> <p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> </span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11440', 'image' => '20200303042632_Price of Masks Rises Three Folds.jpg', 'article_date' => '2020-02-27 11:15:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '11710', 'article_category_id' => '1', 'title' => 'Half-Yearly Review of Monetary Policy did not Address Bankers’ Demands', 'sub_title' => '', 'summary' => 'March 4: The half-yearly review of the monetary policy has failed to address some of the issues raised by bankers at a time when the term of the central bank’s governor is about to expire.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 4: The half-yearly review of the monetary policy has failed to address some of the issues raised by bankers at a time when the term of the central bank’s governor is about to expire.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The current governor, whose term expires within a few weeks, did not make any decision in the review that would have long-term effects.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The bankers had demanded a review of spread rate counting method, counter cycling buffer, and not to make debenture mandatory among other demands. These issues have not been addressed by the half-yearly review. However, the bankers are hopeful that those issues would be addressed in the coming days once the central bank gets a new governor.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Nepal Bankers Association had urged Nepal Rastra Bank to reduce the spread rate from 4.5 percent to 4.4 percent. They were also demanding that the mandatory provision of issuing 25 percent debenture on the paid-up capital to be made optional.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Most of the bankers believe that the central bank did not amend the monetary policy much to avoid controversy at a time when Governor Chiranjivi Nepal is about to retire after completion of his five-year term on March 18.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Chairman of Nepal Bankers Association Bhuvan Dahal said they are hopeful that the central bank would address their demands in the future.</span></span></p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11458', 'image' => '20200304012815_NRB Facebook (2).jpg', 'article_date' => '2020-03-04 13:27:44', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '11709', 'article_category_id' => '1', 'title' => 'Corona Effect All-Pervasive in Annapurna Trek ', 'sub_title' => '', 'summary' => 'March 4: The Annapurna trekking route has seen no human mobility due to fear stemming from global epidemic of coronavirus. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">March 4: The Annapurna trekking route has seen no human mobility due to fear stemming from global epidemic of coronavirus. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Annapurna circuit trek, which starts with counter-clockwise from Lamjung district headquarters, Beshisahar, ends at Pokhara in Kaski after making a circle around Muktinath and Jomsom. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There used to be a huge inflow of tourists in the trekking route during the season in past years. However, the trek in this season seems to be void. Surprisingly, there is no mobility of tourists trekking to Manang via Lamjung Besisahar, Khudibhulbhule, Bahundanda and Jagatchyamche. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The tourism and hotel entrepreneurs here have been disappointed due to almost no arrival of tourists and trekkers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to tourism entrepreneur Binod Gurung, last year the hotel rooms were fully occupied and they had to accommodate tourists under tents but this time almost all rooms are empty. Similar are the stories of other hotel entrepreneurs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Another hotel entrepreneur Mingmar Lama said tourists' arrival in the trekking route is declining day after day due to reasons including excessive snowfall and coronavirus epidemic. The trek route is seen with no tourists even during peak season, he added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"We are fearful of disease transmission rather than drop arrival of tourists," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the Manang district administration office has called for locals to remain cautious of tourists and adopt measures to prevent the possible spreading of coronavirus. - RSS</span></span></span></p> <p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif""><img alt="" src="/app/webroot/userfiles/images/bbbbb%281%29.jpg" style="height:1067px; width:800px" /></span></span></span></p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11457', 'image' => '20200304010648_aaaadsffgghhg.jpg', 'article_date' => '2020-03-04 13:05:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '11705', 'article_category_id' => '1', 'title' => 'India Restricts Export of Drugs amid Coronavirus Fears', 'sub_title' => '', 'summary' => 'March 4: India, the world’s main supplier of generic drugs, has restricted the export of 26 pharmaceutical ingredients and the medicines made from them, as the coronavirus outbreak plays havoc with supply chains, according to Reuters.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 4: India, the world’s main supplier of generic drugs, has restricted the export of 26 pharmaceutical ingredients and the medicines made from them, as the coronavirus outbreak plays havoc with supply chains, according to Reuters.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The news agency reported that those drugs also include Paracetamol, a common pain reliever. Nevertheless, the Indian government urged calm and said there is enough stock to manufacture drugs for two to three months.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The government’s list of 26 active pharmaceutical ingredients (APIs) and medicines accounts for 10 pewrcent of all Indian pharmaceutical exports and includes several antibiotics, such as tinidazole and erythromycin, the hormone progesterone and Vitamin B12, Reuters added.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">It was unclear how the restriction would impact the availability of these medicines in the countries that import from India and also depend on China. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Indian drugmakers largely rely on China, the country where the coronavirus outbreak originated, for almost 70 percent of the APIs for their medicines. Experts say they are likely to face shortages if the epidemic drags on.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"Export of specified APIs and formulations made from these APIs... is hereby 'restricted' with immediate effect and till further orders," Reuters quoted the Director General of Foreign Trade as saying in a statement on Tuesday, without explaining the extent of the restrictions.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Dinesh Dua, chairman of the Pharmaceuticals Export Promotion Council of India, reportedly said some of these molecules may face shortages for the next couple of months irrespective of the ban.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He further said if coronavirus is not contained, it could cause acute shortages.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In a statement, the Indian federal government said state authorities had been asked to monitor the production and availability of APIs and formulations to prevent black marketing and hoarding. </span></span></p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11456', 'image' => '20200304110850_aaaa.jpg', 'article_date' => '2020-03-04 11:08:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '11707', 'article_category_id' => '1', 'title' => 'Tourism Entrepreneurs Urge Flight Restriction ', 'sub_title' => '', 'summary' => 'March 5: Tourism entrepreneurs in Nepal have called for halting two-way flights to the countries where coronavirus cases have been reported. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">March 5: Tourism entrepreneurs in Nepal have called for halting two-way flights to the countries where coronavirus cases have been reported. They suggested to do so as a preventive measure to prevent the possible outbreak of coronavirus in the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Coronavirus, renamed as COVID-19 by the WHO, has spread to more than 60 countries so far, claiming the lives of over 3,000 people and infecting around 89,000. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">To curb the outbreak of COVID-19 in Nepal, they have underscored the need for the government and members of public to observe high alertness. One among them is to restrict the international flights to limit the risk of import of the infection. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal is one among those South Asian countries that are, according to the WHO, at high risk of COVID-19 that was first reported in Wuhan of Hubei province in China on December 31, 2019. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Although the government has been observing precautions for risk reduction and management of this flu-like infection, the tourism entrepreneurs here have demanded a slew of draconian measures. They have argued that such measures are not the question of 'if' but 'when' the cases of COVID-19 surges uncontrollably in our country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Trekking Agencies Association of Nepal (TAAN)'s President Khum Bahadur Subedi shared that they have requested the Ministry of Culture, Tourism and Civil Aviation to restrict all the international flights to and from the countries reporting COVID-19 cases. "There's high risk of COVID-19 adversely affecting the tourism sector of Nepal and its entire economy. A high alert must be observed to curb its risk," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal has inked bilateral air service agreement with around 40 countries and 29 air service provider companies are operating international flights from the only international airport in the country-Tribhuvan International Airport (TIA). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The tourism entrepreneurs have urged with the regulatory agencies to put temporary ban on the flights to and from the countries such as China, South Korea and Japan among others to prevent any outbreak. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal Association of Tours and Travel Agents (NATA) President Achyut Guragain shared that they have been regularly in touch with the stakeholders and concerned government agencies for cancelling flights to and from the countries with high risk of COVID-19. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared that attention was drawn towards further scaling up the screening of the incoming passengers at the TIA for which the TIA's Help Desk should be equipped with more human resources and thermal cameras. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, launching awareness campaign about the infection in schools and public places was equally important to control the spread of the deadly infection. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Civil Aviation Authority of Nepal (CAAN)'s Director General Rajan Pokharel said that like in other countries, necessary precaution has been observed in the Nepal's aviation sector. According to him, the CAAN has already issued a travel advisory to all the Nepalis not to consider abroad trips except in urgent situations. - RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11455', 'image' => '20200304122929_Coronavirus-outbreak-The-countries-affected.jpg', 'article_date' => '2020-03-04 12:28:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '11704', 'article_category_id' => '1', 'title' => 'Doubts Regarding VNY 2020 Still Persists', 'sub_title' => '', 'summary' => 'March 3: Countries across the globe have taken various measures to prevent the spread of coronavirus outbreak but the government of Nepal hasn’t clearly mentioned if it has postponed the Visit Nepal 2020 campaign or not. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Cambria">March 3: Countries across the globe have taken various measures to prevent the spread of coronavirus outbreak but the government of Nepal hasn’t clearly mentioned if it has postponed the Visit Nepal 2020 campaign or not. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">The government has however decided to stop issuing on-arrival visas in a bid to prevent the possible spread of coronavirus. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">But it has not taken any decision whether to postpone the campaign or to give continuity to the ambitious programme to welcome 2 million tourists to Nepal amid such uncertainty. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">It has been learnt that the cabinet meeting on Sunday decided to postpone the Visit Nepal 2020 campaign for 2022 but the official version is yet to be announced. There are only speculations right now as even the Visit Nepal Secretariat and the ministry concerned seem to be confused about the issue.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">The government has neither consulted with the stakeholders nor informed them about any decision. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">As the government only informs about cabinet decisions on Thursdays, the official version is still not out.</span></span></p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11454', 'image' => '20200304100628_20190531031100_Visit-Nepal-2020-Logo.jpg', 'article_date' => '2020-03-04 10:05:38', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '11703', 'article_category_id' => '1', 'title' => 'Brand new A319 Aircraft of Himalaya arrives in Kathmandu ', 'sub_title' => '', 'summary' => '', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">March 3: A brand new Airbus A319-115 series aircraft belonging to Himalaya Airlines, Nepal’s joint venture international airliner, has arrived in Kathmandu. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The much awaited A319 aircraft MSN 9020 of Himalaya, with registration number <strong>9N-AJK</strong>, landed in Tribhuvan International Airport (TIA) on March 2 at 22:20 hours local time.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Himalaya Airlines said it added the brand new A319-115 to its fleet to mark its fifth anniversary.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"> Vice President (operations) of Himalaya Airlines, Hao Di, received the new aircraft with its maiden flight from Tianjin Binhai International Airport in China, to TIA, Kathmandu. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">With the arrival of the new aircraft, Himalaya Airlines now has three Airbus A320-214 and an A319-115 in its fleet.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Airbus A319-115 is narrow body commercial passenger jet with twin engines and is a member of the Airbus A320 series that can fly both in short and medium ranges. The airline company in a statement said that the aircraft is configured with 8 business-class seats and 120 economy-class seats. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A319 offers new and more efficient engines which will help Himalaya to save fuel up to 15 percent, the statement added. The aircraft is capable of flying to high altitude destinations including Lhasa. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Himalaya Airlines made its debut in Nepali aviation on May 31, 2016 with its first commercial flight to Doha by operating its solo 158 seat capacity A320-114 series aircraft. Currently, the airlines operates flights to Doha, Dammam, Dhaka, Kuala Lumpur, Abu Dhabi as well as to Changsha, Guiyang, Shenzhen, Beijing and Chongqing in China. </span></span></p> ', 'published' => true, 'created' => '2020-03-03', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11453', 'image' => '20200303043548_Himalaya Airlines.jpg', 'article_date' => '2020-03-03 16:33:55', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '26' ) ), (int) 6 => array( 'Article' => array( 'id' => '11701', 'article_category_id' => '1', 'title' => ' Govt Increases Tax Net ', 'sub_title' => '', 'summary' => 'February 28: The government has decided to impose additional tax on infrastructure development. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">February 28: The government has decided to impose additional tax on infrastructure development. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The tax on infrastructure development was introduced by the then finance minister Bishnu Poudel in 2073/74, according to the state-owned national news agency – Rastriya Samachar Samiti (RSS).</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">This tax was utilized on the Budhigandaki Hydropower Project, one of the national pride projects of Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A total of Rs 41 billion has been raised so far with the tax of Rs 5 per liter on petroleum products at customs points. The amount has been used for compensation to the land acquired for the project. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">With the revision, the government has increased the tax on infrastructure development to Rs 10 per litre on petrol and diesel. The decision to this effect was taken by the Council of Ministers on Monday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sharing information about the cabinet decisions at a press meet on Thursday, Finance Minister Yuba Raj Khatiwada, who is also the government spokesperson, said the infrastructure development tax will now on be imposed on aviation fuel as well. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, Nepal Rastra Bank would get a new governor in third week of March. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In response to a question whether he would remain as National Assembly member, Khatiwada requested everyone to have patience till March 4, the day to conduct the swearing-in ceremony of new members of the upper house. </span></span></span></p> ', 'published' => true, 'created' => '2020-02-28', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11451', 'image' => '20200303043229_tax-rate.JPG', 'article_date' => '2020-02-28 09:25:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '11700', 'article_category_id' => '1', 'title' => 'Japanese Assistance for Improving Water Access and Agriculture Income', 'sub_title' => '', 'summary' => 'February 27: The Government of Japan has provided US dollars 624,770 (Rs 71.70 million) to Peace Winds Japan under the Grant Assistance for Japanese NGO Projects. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">February 27: The Government of Japan has provided US dollars 624,770 (Rs 71.70 million) to Peace Winds Japan under the Grant Assistance for Japanese NGO Projects. The fund will be used for implementing a project on improving water access and agricultural income in Sindhupalchowk district, according to a statement issued by the Japanese Embassy in Kathmandu.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">According to the statement, Peace Winds Japan, an international NGO based in Japan, will work with Nepali partner NGO, the Institution for Suitable Actions for Prosperity (ISAP), to implement the project in Sunkoshi and Melamchi Municipalities and Balefi Rural Municipality.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The grant contract for the project was signed and exchanged between Japanese Ambassador to Nepal Saigo Masamichi and Yamamoto Yuko, country representative of Peace Winds Japan, at the Embassy of Japan in Nepal on February 27.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The grant will be used to enhance the people’s living condition by improving water access and through income generation from agriculture. </span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">“It will build and renovate safe drinking water facilities in all three municipalities that were badly affected by the 2015 earthquakes. It will also work to enhance the income of the people through agriculture production and marketing support,” the statement added.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The Embassy of Japan in Nepal said it expects the project to contribute towards poverty reduction by improving water access and agriculture incomes and also serve as a good practice for replication in other districts in Nepal. The Embassy also expects the project to contribute to the cordial friendship between the people of Japan and Nepal.</span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11450', 'image' => '20200303035430_Japanese Assistance for Improving Water Access and Agriculture Income.JPG', 'article_date' => '2020-02-27 13:17:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '11698', 'article_category_id' => '1', 'title' => 'Trade Points in Northern Border to Remain Closed', 'sub_title' => '', 'summary' => 'February 27: Nepal’s northern border with China, which has remained closed since a month following the coronavirus outbreak in mainland China, is unlikely to open anytime soon.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 27: Nepal’s northern border with China, which has remained closed since a month following the coronavirus outbreak in mainland China, is unlikely to open anytime soon.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Government authorities have said they are not in a hurry to open the border as the epidemic has not been fully contained in China.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Tatopani and Rasuwagadhi, the two major customs point between Nepal and China, have remained shut since January 29 to prevent further spreading of the deadly virus.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">More than 500 containers of goods ordered by Nepali importers have remained stuck across the border in Kerung. Those containers contain goods worth Rs 3 billion.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">High-ranking government officials hand held a meeting earlier this week to discuss about resuming trade from the border point. The meeting chaired by secretaries of the finance, home, health and industry ministries concluded that it is not safe to reopen the border points unless they have modern equipment and facilities to screen the visitors.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As the government currently lacks equipment to screen the people coming from China, the authorities have decided not to reopen the border for the time being, informed Joint Secretary Uttar Kumar Khatri of the finance ministry.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He said that the government’s priority at the moment is protecting its citizens from the deadly virus rather than resuming trade.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">“The fear of infection has not yet subsided. Keeping in consideration the national security, it seems likely that the resumption of trade from the border will take some more time,” added Khatri.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to him, the government will ease the restriction once the threat level decreases.</span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11449', 'image' => '20200303035545_Trade Points in Northern Border to Remain Closed.jpg', 'article_date' => '2020-02-27 12:18:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '11693', 'article_category_id' => '1', 'title' => 'Nepse Achieves Another Milestone with All-Time High Transactions', 'sub_title' => '', 'summary' => 'February 27: Nepal Stock Exchange (Nepse) achieved another milestone on Wednesday (February 26) with yet another record of biggest-ever transaction in a single day.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 27: Nepal Stock Exchange (Nepse) achieved another milestone on Wednesday (February 26) with yet another record of biggest-ever transaction in a single day.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Nepse Index, which has been rising since a month, not only broke its previous record of highest transaction set only a few days ago but also recorded the maximum share transaction in its history.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">At the close of the day, Nepse witnessed a new record of share transactions worth Rs 4.15 billion, which is almost Rs 55 million more than the previous mark of Rs 3.60 billion set on Sunday (February 23).</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A total of 9,906,000 units of shares of 180 companies were traded on Wednesday.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The Nepse index increased by 50.93 points to reach 1596.13 points, the highest in last 30 months. The last time Nepse index rose so high was on August 30, 2017, when was 1590.36 poitns.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The latest figure is the 20 th time that the daily transaction of Nepse crossed the mark of Rs 2 billion in a single day. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The entry of new investors in the market is considered as one of the reasons of the encouraging transaction in the stock market.</span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11445', 'image' => '20200303040000_Nepse Achieves Another Milestone with All-Time High Transactions.jpg', 'article_date' => '2020-02-27 10:29:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '11692', 'article_category_id' => '1', 'title' => 'Nepal has Good Prospects of Selling Oranges to Bangladesh', 'sub_title' => '', 'summary' => 'February 26: Bangladesh imported oranges worth US$ 68.4 million (Rs 7.79 billion) in 2018, according to ITC Trademap.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">February 26: Bangladesh imported oranges worth US$ 68.4 million (Rs 7.79 billion) in 2018, according to ITC Trademap.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">Bangladesh mainly imports oranges from African countries. Nepal can capitalize on Bangladesh’s demand for oranges of almost Rs 8 billion by supplying the fruit if the eastern hills of the country are developed into orange farms. For this, the government needs to encourage the farmers, provide them with grant and waive tax for a certain period. The government must also give quality assurance and then sign B2B and G2G agreements with Bangladesh. </span></span></span></p> <p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif""><img alt="" src="/app/webroot/userfiles/images/Clipboard01%2842%29.jpg" style="height:485px; width:667px" /></span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif""><img alt="" src="/app/webroot/userfiles/images/2%2865%29.jpg" style="height:456px; width:800px" /></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11444', 'image' => '20200303040600_orange.jpg', 'article_date' => '2020-02-27 09:50:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '11699', 'article_category_id' => '1', 'title' => 'Myagdi Receives Snowfall for Seventh Time', 'sub_title' => '', 'summary' => 'February 27: Myagdi district has witnessed snowfall for the seventh time this season. The highlands of Myagdi received snowfall earlier this week.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 27: Myagdi district has witnessed snowfall for the seventh time this season. The highlands of Myagdi received snowfall earlier this week.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">High-altitude areas like Gurja, Lulang, Mangala, Todke, Jhakripani, Ruine, Bhagwati, Kuinemangale, Ghodepani, Chitre, Ramche among other settlements received the snowfall.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">It has been reported that the snowfall in some areas is one foot deep.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">This is the seventh time the district received snowfall in the last two and a half months.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The locals have complained that the snowfall has crippled life in the district while also halting the development works.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">However, farmers are elated that the snowfall help flourish their winter crops.</span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11443', 'image' => '20200303042249_snowfall.jpg', 'article_date' => '2020-02-27 13:02:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '11690', 'article_category_id' => '1', 'title' => 'Dhakal fields his candidacy for Senior Vice President of FNCCI ', 'sub_title' => '', 'summary' => 'February 27: Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has announced his candidacy for the post of Senior Vice President of FNCCI. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">February 27: Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has announced his candidacy for the post of Senior Vice President of FNCCI. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhakal has formally announced his candidacy for the post of the senior vice president of the federation at a programme organised in the capital on Wednesday (February 26). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"I declare my candidacy for the post of the senior vice president of the Federation from my own hometown among my relatives, well-wishers and seniors," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Stating that his own career was started from very small business, he said that he understands the issues and problems of the business community. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"My own career was also started from a very small business and job. And I have reached the present stage playing here," he said adding, "Therefore, I understand the situation, problem and issues of small business people and entrepreneurs." </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhakal pledged to work for raising the confidence of the business community and remain together with them at every ups and downs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Stating that the government alone could not meet the development expectations and fulfill the aspirations of all, he said that he would work make the private sector more strong and competent for lobbying with the government to create conducive business environment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He said that he would work to create conducive environment to attract foreign investment in the country, to bring in new and innovative ideas and technologies, fight for the rights for the private sector and settle the issues and grievances of the business people. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Last but not the least, I will lobby with the government for attaining rapid economic development with social justice and achieve the goal of prosperous Nepal and happy Nepali," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhakal, is a first generation serial entrepreneur of Nepal. He and his brother Hem Raj Dhakal co-founded the IME conglomerate of businesses. He strongly believes in and adheres to the ethics of professional financial conduct and governance. Additionally, he has set an exemplary model for the successful merger and acquisition of banks and financial institutions in Nepal. Dhakal’s visionary leadership has contributed to evolve the IME Group from its humble beginnings into a fast growing conglomerate. </span><br /> <br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhakal has been serving as the Honorary Consul of the Republic of Indonesia in Nepal since 2010. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He is also the President of Nepal Indonesia Chamber of Commerce and Industry and Vice-President of The Nepal German Chamber of Commerce and Industry. - RSS</span></span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11442', 'image' => '20200303042418_Chandra dhakal (2).jpg', 'article_date' => '2020-02-27 08:56:22', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '11691', 'article_category_id' => '1', 'title' => 'Parliament Endorses First Amendment to BAFIA ', 'sub_title' => '', 'summary' => 'February 26: A meeting of the House of Representatives (HoR) on Wednesday (February 26) endorsed the first amendment to the Banks and Financial Institutions Act (BAFIA). ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">February 26: A meeting of the House of Representatives (HoR) on Wednesday (February 26) endorsed the first amendment to the Banks and Financial Institutions Act (BAFIA). The amendment bill tabled at the lower house meeting by Speaker Agni Prasad Sapkota was passed by the majority of lawmakers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, President of the Finance Committee under the HoR, Krishna Prasad Dahal and member of the Education and Health Committee Jeevan Ram Shrestha on behalf of the committee's President Jayapuri Gharti tabled the report related to the Citizens Investment Trust Bill (Second Amendment), 2076 BS and the report related to the National Sports Development Bill, 2076 respectively at the meeting. - RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11441', 'image' => '20200303042507_Parliament Endorses First Amendment to BAFIA.jpg', 'article_date' => '2020-02-27 09:10:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '11695', 'article_category_id' => '1', 'title' => 'Price of Masks Rises Three Folds', 'sub_title' => '', 'summary' => 'February 27: Vendors and local pharmacies in Nepal have hiked the price of surgical and face masks by more than three times following the rise in demand for such masks.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 27: Vendors and local pharmacies in Nepal have hiked the price of surgical and face masks by more than three times following the rise in demand for such masks.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A packet of mask which was available at Rs 500 about a month ago now costs more than Rs 1500. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Until January 28, a packet of branded mask was available at Rs 500 while other normal packets of masks used to cost Rs 300. However, vendors have hiked the price to Rs 1700 and Rs 1000 respectively citing lack of supply due to scarcity of masks following the coronavirus outbreak in China. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A representative of Nims Pharmacy located in Thapathali informed NBA that the vendors have increased the price of masks by more than three times.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The outbreak of Covid-19 (Coronavirus) in Wuhan, China has created a panic in the global health sector and Nepal is not an exception.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">This has increased the demand for masks and the vendors are taking advantage of the situation by hiking the price arbitrarily.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><img alt="" src="/app/webroot/userfiles/images/aadafjj.jpg" style="height:532px; width:800px" /> </span></span></p> <p> </p> <p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> </span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11440', 'image' => '20200303042632_Price of Masks Rises Three Folds.jpg', 'article_date' => '2020-02-27 11:15:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '11710', 'article_category_id' => '1', 'title' => 'Half-Yearly Review of Monetary Policy did not Address Bankers’ Demands', 'sub_title' => '', 'summary' => 'March 4: The half-yearly review of the monetary policy has failed to address some of the issues raised by bankers at a time when the term of the central bank’s governor is about to expire.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 4: The half-yearly review of the monetary policy has failed to address some of the issues raised by bankers at a time when the term of the central bank’s governor is about to expire.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The current governor, whose term expires within a few weeks, did not make any decision in the review that would have long-term effects.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The bankers had demanded a review of spread rate counting method, counter cycling buffer, and not to make debenture mandatory among other demands. These issues have not been addressed by the half-yearly review. However, the bankers are hopeful that those issues would be addressed in the coming days once the central bank gets a new governor.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Nepal Bankers Association had urged Nepal Rastra Bank to reduce the spread rate from 4.5 percent to 4.4 percent. They were also demanding that the mandatory provision of issuing 25 percent debenture on the paid-up capital to be made optional.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Most of the bankers believe that the central bank did not amend the monetary policy much to avoid controversy at a time when Governor Chiranjivi Nepal is about to retire after completion of his five-year term on March 18.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Chairman of Nepal Bankers Association Bhuvan Dahal said they are hopeful that the central bank would address their demands in the future.</span></span></p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11458', 'image' => '20200304012815_NRB Facebook (2).jpg', 'article_date' => '2020-03-04 13:27:44', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '11709', 'article_category_id' => '1', 'title' => 'Corona Effect All-Pervasive in Annapurna Trek ', 'sub_title' => '', 'summary' => 'March 4: The Annapurna trekking route has seen no human mobility due to fear stemming from global epidemic of coronavirus. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">March 4: The Annapurna trekking route has seen no human mobility due to fear stemming from global epidemic of coronavirus. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Annapurna circuit trek, which starts with counter-clockwise from Lamjung district headquarters, Beshisahar, ends at Pokhara in Kaski after making a circle around Muktinath and Jomsom. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There used to be a huge inflow of tourists in the trekking route during the season in past years. However, the trek in this season seems to be void. Surprisingly, there is no mobility of tourists trekking to Manang via Lamjung Besisahar, Khudibhulbhule, Bahundanda and Jagatchyamche. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The tourism and hotel entrepreneurs here have been disappointed due to almost no arrival of tourists and trekkers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to tourism entrepreneur Binod Gurung, last year the hotel rooms were fully occupied and they had to accommodate tourists under tents but this time almost all rooms are empty. Similar are the stories of other hotel entrepreneurs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Another hotel entrepreneur Mingmar Lama said tourists' arrival in the trekking route is declining day after day due to reasons including excessive snowfall and coronavirus epidemic. The trek route is seen with no tourists even during peak season, he added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"We are fearful of disease transmission rather than drop arrival of tourists," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the Manang district administration office has called for locals to remain cautious of tourists and adopt measures to prevent the possible spreading of coronavirus. - RSS</span></span></span></p> <p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif""><img alt="" src="/app/webroot/userfiles/images/bbbbb%281%29.jpg" style="height:1067px; width:800px" /></span></span></span></p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11457', 'image' => '20200304010648_aaaadsffgghhg.jpg', 'article_date' => '2020-03-04 13:05:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '11705', 'article_category_id' => '1', 'title' => 'India Restricts Export of Drugs amid Coronavirus Fears', 'sub_title' => '', 'summary' => 'March 4: India, the world’s main supplier of generic drugs, has restricted the export of 26 pharmaceutical ingredients and the medicines made from them, as the coronavirus outbreak plays havoc with supply chains, according to Reuters.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 4: India, the world’s main supplier of generic drugs, has restricted the export of 26 pharmaceutical ingredients and the medicines made from them, as the coronavirus outbreak plays havoc with supply chains, according to Reuters.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The news agency reported that those drugs also include Paracetamol, a common pain reliever. Nevertheless, the Indian government urged calm and said there is enough stock to manufacture drugs for two to three months.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The government’s list of 26 active pharmaceutical ingredients (APIs) and medicines accounts for 10 pewrcent of all Indian pharmaceutical exports and includes several antibiotics, such as tinidazole and erythromycin, the hormone progesterone and Vitamin B12, Reuters added.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">It was unclear how the restriction would impact the availability of these medicines in the countries that import from India and also depend on China. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Indian drugmakers largely rely on China, the country where the coronavirus outbreak originated, for almost 70 percent of the APIs for their medicines. Experts say they are likely to face shortages if the epidemic drags on.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"Export of specified APIs and formulations made from these APIs... is hereby 'restricted' with immediate effect and till further orders," Reuters quoted the Director General of Foreign Trade as saying in a statement on Tuesday, without explaining the extent of the restrictions.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Dinesh Dua, chairman of the Pharmaceuticals Export Promotion Council of India, reportedly said some of these molecules may face shortages for the next couple of months irrespective of the ban.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He further said if coronavirus is not contained, it could cause acute shortages.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In a statement, the Indian federal government said state authorities had been asked to monitor the production and availability of APIs and formulations to prevent black marketing and hoarding. </span></span></p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11456', 'image' => '20200304110850_aaaa.jpg', 'article_date' => '2020-03-04 11:08:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '11707', 'article_category_id' => '1', 'title' => 'Tourism Entrepreneurs Urge Flight Restriction ', 'sub_title' => '', 'summary' => 'March 5: Tourism entrepreneurs in Nepal have called for halting two-way flights to the countries where coronavirus cases have been reported. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">March 5: Tourism entrepreneurs in Nepal have called for halting two-way flights to the countries where coronavirus cases have been reported. They suggested to do so as a preventive measure to prevent the possible outbreak of coronavirus in the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Coronavirus, renamed as COVID-19 by the WHO, has spread to more than 60 countries so far, claiming the lives of over 3,000 people and infecting around 89,000. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">To curb the outbreak of COVID-19 in Nepal, they have underscored the need for the government and members of public to observe high alertness. One among them is to restrict the international flights to limit the risk of import of the infection. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal is one among those South Asian countries that are, according to the WHO, at high risk of COVID-19 that was first reported in Wuhan of Hubei province in China on December 31, 2019. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Although the government has been observing precautions for risk reduction and management of this flu-like infection, the tourism entrepreneurs here have demanded a slew of draconian measures. They have argued that such measures are not the question of 'if' but 'when' the cases of COVID-19 surges uncontrollably in our country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Trekking Agencies Association of Nepal (TAAN)'s President Khum Bahadur Subedi shared that they have requested the Ministry of Culture, Tourism and Civil Aviation to restrict all the international flights to and from the countries reporting COVID-19 cases. "There's high risk of COVID-19 adversely affecting the tourism sector of Nepal and its entire economy. A high alert must be observed to curb its risk," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal has inked bilateral air service agreement with around 40 countries and 29 air service provider companies are operating international flights from the only international airport in the country-Tribhuvan International Airport (TIA). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The tourism entrepreneurs have urged with the regulatory agencies to put temporary ban on the flights to and from the countries such as China, South Korea and Japan among others to prevent any outbreak. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal Association of Tours and Travel Agents (NATA) President Achyut Guragain shared that they have been regularly in touch with the stakeholders and concerned government agencies for cancelling flights to and from the countries with high risk of COVID-19. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared that attention was drawn towards further scaling up the screening of the incoming passengers at the TIA for which the TIA's Help Desk should be equipped with more human resources and thermal cameras. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, launching awareness campaign about the infection in schools and public places was equally important to control the spread of the deadly infection. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Civil Aviation Authority of Nepal (CAAN)'s Director General Rajan Pokharel said that like in other countries, necessary precaution has been observed in the Nepal's aviation sector. According to him, the CAAN has already issued a travel advisory to all the Nepalis not to consider abroad trips except in urgent situations. - RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11455', 'image' => '20200304122929_Coronavirus-outbreak-The-countries-affected.jpg', 'article_date' => '2020-03-04 12:28:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '11704', 'article_category_id' => '1', 'title' => 'Doubts Regarding VNY 2020 Still Persists', 'sub_title' => '', 'summary' => 'March 3: Countries across the globe have taken various measures to prevent the spread of coronavirus outbreak but the government of Nepal hasn’t clearly mentioned if it has postponed the Visit Nepal 2020 campaign or not. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Cambria">March 3: Countries across the globe have taken various measures to prevent the spread of coronavirus outbreak but the government of Nepal hasn’t clearly mentioned if it has postponed the Visit Nepal 2020 campaign or not. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">The government has however decided to stop issuing on-arrival visas in a bid to prevent the possible spread of coronavirus. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">But it has not taken any decision whether to postpone the campaign or to give continuity to the ambitious programme to welcome 2 million tourists to Nepal amid such uncertainty. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">It has been learnt that the cabinet meeting on Sunday decided to postpone the Visit Nepal 2020 campaign for 2022 but the official version is yet to be announced. There are only speculations right now as even the Visit Nepal Secretariat and the ministry concerned seem to be confused about the issue.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">The government has neither consulted with the stakeholders nor informed them about any decision. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">As the government only informs about cabinet decisions on Thursdays, the official version is still not out.</span></span></p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11454', 'image' => '20200304100628_20190531031100_Visit-Nepal-2020-Logo.jpg', 'article_date' => '2020-03-04 10:05:38', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '11703', 'article_category_id' => '1', 'title' => 'Brand new A319 Aircraft of Himalaya arrives in Kathmandu ', 'sub_title' => '', 'summary' => '', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">March 3: A brand new Airbus A319-115 series aircraft belonging to Himalaya Airlines, Nepal’s joint venture international airliner, has arrived in Kathmandu. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The much awaited A319 aircraft MSN 9020 of Himalaya, with registration number <strong>9N-AJK</strong>, landed in Tribhuvan International Airport (TIA) on March 2 at 22:20 hours local time.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Himalaya Airlines said it added the brand new A319-115 to its fleet to mark its fifth anniversary.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"> Vice President (operations) of Himalaya Airlines, Hao Di, received the new aircraft with its maiden flight from Tianjin Binhai International Airport in China, to TIA, Kathmandu. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">With the arrival of the new aircraft, Himalaya Airlines now has three Airbus A320-214 and an A319-115 in its fleet.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Airbus A319-115 is narrow body commercial passenger jet with twin engines and is a member of the Airbus A320 series that can fly both in short and medium ranges. The airline company in a statement said that the aircraft is configured with 8 business-class seats and 120 economy-class seats. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A319 offers new and more efficient engines which will help Himalaya to save fuel up to 15 percent, the statement added. The aircraft is capable of flying to high altitude destinations including Lhasa. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Himalaya Airlines made its debut in Nepali aviation on May 31, 2016 with its first commercial flight to Doha by operating its solo 158 seat capacity A320-114 series aircraft. Currently, the airlines operates flights to Doha, Dammam, Dhaka, Kuala Lumpur, Abu Dhabi as well as to Changsha, Guiyang, Shenzhen, Beijing and Chongqing in China. </span></span></p> ', 'published' => true, 'created' => '2020-03-03', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11453', 'image' => '20200303043548_Himalaya Airlines.jpg', 'article_date' => '2020-03-03 16:33:55', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '26' ) ), (int) 6 => array( 'Article' => array( 'id' => '11701', 'article_category_id' => '1', 'title' => ' Govt Increases Tax Net ', 'sub_title' => '', 'summary' => 'February 28: The government has decided to impose additional tax on infrastructure development. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">February 28: The government has decided to impose additional tax on infrastructure development. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The tax on infrastructure development was introduced by the then finance minister Bishnu Poudel in 2073/74, according to the state-owned national news agency – Rastriya Samachar Samiti (RSS).</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">This tax was utilized on the Budhigandaki Hydropower Project, one of the national pride projects of Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A total of Rs 41 billion has been raised so far with the tax of Rs 5 per liter on petroleum products at customs points. The amount has been used for compensation to the land acquired for the project. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">With the revision, the government has increased the tax on infrastructure development to Rs 10 per litre on petrol and diesel. The decision to this effect was taken by the Council of Ministers on Monday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sharing information about the cabinet decisions at a press meet on Thursday, Finance Minister Yuba Raj Khatiwada, who is also the government spokesperson, said the infrastructure development tax will now on be imposed on aviation fuel as well. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, Nepal Rastra Bank would get a new governor in third week of March. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In response to a question whether he would remain as National Assembly member, Khatiwada requested everyone to have patience till March 4, the day to conduct the swearing-in ceremony of new members of the upper house. </span></span></span></p> ', 'published' => true, 'created' => '2020-02-28', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11451', 'image' => '20200303043229_tax-rate.JPG', 'article_date' => '2020-02-28 09:25:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '11700', 'article_category_id' => '1', 'title' => 'Japanese Assistance for Improving Water Access and Agriculture Income', 'sub_title' => '', 'summary' => 'February 27: The Government of Japan has provided US dollars 624,770 (Rs 71.70 million) to Peace Winds Japan under the Grant Assistance for Japanese NGO Projects. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">February 27: The Government of Japan has provided US dollars 624,770 (Rs 71.70 million) to Peace Winds Japan under the Grant Assistance for Japanese NGO Projects. The fund will be used for implementing a project on improving water access and agricultural income in Sindhupalchowk district, according to a statement issued by the Japanese Embassy in Kathmandu.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">According to the statement, Peace Winds Japan, an international NGO based in Japan, will work with Nepali partner NGO, the Institution for Suitable Actions for Prosperity (ISAP), to implement the project in Sunkoshi and Melamchi Municipalities and Balefi Rural Municipality.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The grant contract for the project was signed and exchanged between Japanese Ambassador to Nepal Saigo Masamichi and Yamamoto Yuko, country representative of Peace Winds Japan, at the Embassy of Japan in Nepal on February 27.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The grant will be used to enhance the people’s living condition by improving water access and through income generation from agriculture. </span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">“It will build and renovate safe drinking water facilities in all three municipalities that were badly affected by the 2015 earthquakes. It will also work to enhance the income of the people through agriculture production and marketing support,” the statement added.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The Embassy of Japan in Nepal said it expects the project to contribute towards poverty reduction by improving water access and agriculture incomes and also serve as a good practice for replication in other districts in Nepal. The Embassy also expects the project to contribute to the cordial friendship between the people of Japan and Nepal.</span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11450', 'image' => '20200303035430_Japanese Assistance for Improving Water Access and Agriculture Income.JPG', 'article_date' => '2020-02-27 13:17:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '11698', 'article_category_id' => '1', 'title' => 'Trade Points in Northern Border to Remain Closed', 'sub_title' => '', 'summary' => 'February 27: Nepal’s northern border with China, which has remained closed since a month following the coronavirus outbreak in mainland China, is unlikely to open anytime soon.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 27: Nepal’s northern border with China, which has remained closed since a month following the coronavirus outbreak in mainland China, is unlikely to open anytime soon.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Government authorities have said they are not in a hurry to open the border as the epidemic has not been fully contained in China.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Tatopani and Rasuwagadhi, the two major customs point between Nepal and China, have remained shut since January 29 to prevent further spreading of the deadly virus.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">More than 500 containers of goods ordered by Nepali importers have remained stuck across the border in Kerung. Those containers contain goods worth Rs 3 billion.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">High-ranking government officials hand held a meeting earlier this week to discuss about resuming trade from the border point. The meeting chaired by secretaries of the finance, home, health and industry ministries concluded that it is not safe to reopen the border points unless they have modern equipment and facilities to screen the visitors.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As the government currently lacks equipment to screen the people coming from China, the authorities have decided not to reopen the border for the time being, informed Joint Secretary Uttar Kumar Khatri of the finance ministry.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He said that the government’s priority at the moment is protecting its citizens from the deadly virus rather than resuming trade.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">“The fear of infection has not yet subsided. Keeping in consideration the national security, it seems likely that the resumption of trade from the border will take some more time,” added Khatri.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to him, the government will ease the restriction once the threat level decreases.</span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11449', 'image' => '20200303035545_Trade Points in Northern Border to Remain Closed.jpg', 'article_date' => '2020-02-27 12:18:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '11693', 'article_category_id' => '1', 'title' => 'Nepse Achieves Another Milestone with All-Time High Transactions', 'sub_title' => '', 'summary' => 'February 27: Nepal Stock Exchange (Nepse) achieved another milestone on Wednesday (February 26) with yet another record of biggest-ever transaction in a single day.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 27: Nepal Stock Exchange (Nepse) achieved another milestone on Wednesday (February 26) with yet another record of biggest-ever transaction in a single day.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Nepse Index, which has been rising since a month, not only broke its previous record of highest transaction set only a few days ago but also recorded the maximum share transaction in its history.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">At the close of the day, Nepse witnessed a new record of share transactions worth Rs 4.15 billion, which is almost Rs 55 million more than the previous mark of Rs 3.60 billion set on Sunday (February 23).</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A total of 9,906,000 units of shares of 180 companies were traded on Wednesday.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The Nepse index increased by 50.93 points to reach 1596.13 points, the highest in last 30 months. The last time Nepse index rose so high was on August 30, 2017, when was 1590.36 poitns.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The latest figure is the 20 th time that the daily transaction of Nepse crossed the mark of Rs 2 billion in a single day. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The entry of new investors in the market is considered as one of the reasons of the encouraging transaction in the stock market.</span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11445', 'image' => '20200303040000_Nepse Achieves Another Milestone with All-Time High Transactions.jpg', 'article_date' => '2020-02-27 10:29:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '11692', 'article_category_id' => '1', 'title' => 'Nepal has Good Prospects of Selling Oranges to Bangladesh', 'sub_title' => '', 'summary' => 'February 26: Bangladesh imported oranges worth US$ 68.4 million (Rs 7.79 billion) in 2018, according to ITC Trademap.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">February 26: Bangladesh imported oranges worth US$ 68.4 million (Rs 7.79 billion) in 2018, according to ITC Trademap.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">Bangladesh mainly imports oranges from African countries. Nepal can capitalize on Bangladesh’s demand for oranges of almost Rs 8 billion by supplying the fruit if the eastern hills of the country are developed into orange farms. For this, the government needs to encourage the farmers, provide them with grant and waive tax for a certain period. The government must also give quality assurance and then sign B2B and G2G agreements with Bangladesh. </span></span></span></p> <p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif""><img alt="" src="/app/webroot/userfiles/images/Clipboard01%2842%29.jpg" style="height:485px; width:667px" /></span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif""><img alt="" src="/app/webroot/userfiles/images/2%2865%29.jpg" style="height:456px; width:800px" /></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11444', 'image' => '20200303040600_orange.jpg', 'article_date' => '2020-02-27 09:50:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '11699', 'article_category_id' => '1', 'title' => 'Myagdi Receives Snowfall for Seventh Time', 'sub_title' => '', 'summary' => 'February 27: Myagdi district has witnessed snowfall for the seventh time this season. The highlands of Myagdi received snowfall earlier this week.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 27: Myagdi district has witnessed snowfall for the seventh time this season. The highlands of Myagdi received snowfall earlier this week.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">High-altitude areas like Gurja, Lulang, Mangala, Todke, Jhakripani, Ruine, Bhagwati, Kuinemangale, Ghodepani, Chitre, Ramche among other settlements received the snowfall.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">It has been reported that the snowfall in some areas is one foot deep.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">This is the seventh time the district received snowfall in the last two and a half months.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The locals have complained that the snowfall has crippled life in the district while also halting the development works.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">However, farmers are elated that the snowfall help flourish their winter crops.</span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11443', 'image' => '20200303042249_snowfall.jpg', 'article_date' => '2020-02-27 13:02:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '11690', 'article_category_id' => '1', 'title' => 'Dhakal fields his candidacy for Senior Vice President of FNCCI ', 'sub_title' => '', 'summary' => 'February 27: Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has announced his candidacy for the post of Senior Vice President of FNCCI. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">February 27: Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has announced his candidacy for the post of Senior Vice President of FNCCI. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhakal has formally announced his candidacy for the post of the senior vice president of the federation at a programme organised in the capital on Wednesday (February 26). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"I declare my candidacy for the post of the senior vice president of the Federation from my own hometown among my relatives, well-wishers and seniors," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Stating that his own career was started from very small business, he said that he understands the issues and problems of the business community. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"My own career was also started from a very small business and job. And I have reached the present stage playing here," he said adding, "Therefore, I understand the situation, problem and issues of small business people and entrepreneurs." </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhakal pledged to work for raising the confidence of the business community and remain together with them at every ups and downs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Stating that the government alone could not meet the development expectations and fulfill the aspirations of all, he said that he would work make the private sector more strong and competent for lobbying with the government to create conducive business environment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He said that he would work to create conducive environment to attract foreign investment in the country, to bring in new and innovative ideas and technologies, fight for the rights for the private sector and settle the issues and grievances of the business people. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Last but not the least, I will lobby with the government for attaining rapid economic development with social justice and achieve the goal of prosperous Nepal and happy Nepali," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhakal, is a first generation serial entrepreneur of Nepal. He and his brother Hem Raj Dhakal co-founded the IME conglomerate of businesses. He strongly believes in and adheres to the ethics of professional financial conduct and governance. Additionally, he has set an exemplary model for the successful merger and acquisition of banks and financial institutions in Nepal. Dhakal’s visionary leadership has contributed to evolve the IME Group from its humble beginnings into a fast growing conglomerate. </span><br /> <br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhakal has been serving as the Honorary Consul of the Republic of Indonesia in Nepal since 2010. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He is also the President of Nepal Indonesia Chamber of Commerce and Industry and Vice-President of The Nepal German Chamber of Commerce and Industry. - RSS</span></span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11442', 'image' => '20200303042418_Chandra dhakal (2).jpg', 'article_date' => '2020-02-27 08:56:22', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '11691', 'article_category_id' => '1', 'title' => 'Parliament Endorses First Amendment to BAFIA ', 'sub_title' => '', 'summary' => 'February 26: A meeting of the House of Representatives (HoR) on Wednesday (February 26) endorsed the first amendment to the Banks and Financial Institutions Act (BAFIA). ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">February 26: A meeting of the House of Representatives (HoR) on Wednesday (February 26) endorsed the first amendment to the Banks and Financial Institutions Act (BAFIA). The amendment bill tabled at the lower house meeting by Speaker Agni Prasad Sapkota was passed by the majority of lawmakers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, President of the Finance Committee under the HoR, Krishna Prasad Dahal and member of the Education and Health Committee Jeevan Ram Shrestha on behalf of the committee's President Jayapuri Gharti tabled the report related to the Citizens Investment Trust Bill (Second Amendment), 2076 BS and the report related to the National Sports Development Bill, 2076 respectively at the meeting. - RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11441', 'image' => '20200303042507_Parliament Endorses First Amendment to BAFIA.jpg', 'article_date' => '2020-02-27 09:10:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '11695', 'article_category_id' => '1', 'title' => 'Price of Masks Rises Three Folds', 'sub_title' => '', 'summary' => 'February 27: Vendors and local pharmacies in Nepal have hiked the price of surgical and face masks by more than three times following the rise in demand for such masks.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 27: Vendors and local pharmacies in Nepal have hiked the price of surgical and face masks by more than three times following the rise in demand for such masks.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A packet of mask which was available at Rs 500 about a month ago now costs more than Rs 1500. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Until January 28, a packet of branded mask was available at Rs 500 while other normal packets of masks used to cost Rs 300. However, vendors have hiked the price to Rs 1700 and Rs 1000 respectively citing lack of supply due to scarcity of masks following the coronavirus outbreak in China. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A representative of Nims Pharmacy located in Thapathali informed NBA that the vendors have increased the price of masks by more than three times.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The outbreak of Covid-19 (Coronavirus) in Wuhan, China has created a panic in the global health sector and Nepal is not an exception.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">This has increased the demand for masks and the vendors are taking advantage of the situation by hiking the price arbitrarily.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><img alt="" src="/app/webroot/userfiles/images/aadafjj.jpg" style="height:532px; width:800px" /> </span></span></p> <p> </p> <p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> </span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11440', 'image' => '20200303042632_Price of Masks Rises Three Folds.jpg', 'article_date' => '2020-02-27 11:15:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $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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These issues have not been addressed by the half-yearly review. However, the bankers are hopeful that those issues would be addressed in the coming days once the central bank gets a new governor.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Nepal Bankers Association had urged Nepal Rastra Bank to reduce the spread rate from 4.5 percent to 4.4 percent. They were also demanding that the mandatory provision of issuing 25 percent debenture on the paid-up capital to be made optional.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Most of the bankers believe that the central bank did not amend the monetary policy much to avoid controversy at a time when Governor Chiranjivi Nepal is about to retire after completion of his five-year term on March 18.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Chairman of Nepal Bankers Association Bhuvan Dahal said they are hopeful that the central bank would address their demands in the future.</span></span></p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11458', 'image' => '20200304012815_NRB Facebook (2).jpg', 'article_date' => '2020-03-04 13:27:44', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '11709', 'article_category_id' => '1', 'title' => 'Corona Effect All-Pervasive in Annapurna Trek ', 'sub_title' => '', 'summary' => 'March 4: The Annapurna trekking route has seen no human mobility due to fear stemming from global epidemic of coronavirus. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">March 4: The Annapurna trekking route has seen no human mobility due to fear stemming from global epidemic of coronavirus. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The Annapurna circuit trek, which starts with counter-clockwise from Lamjung district headquarters, Beshisahar, ends at Pokhara in Kaski after making a circle around Muktinath and Jomsom. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">There used to be a huge inflow of tourists in the trekking route during the season in past years. However, the trek in this season seems to be void. Surprisingly, there is no mobility of tourists trekking to Manang via Lamjung Besisahar, Khudibhulbhule, Bahundanda and Jagatchyamche. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The tourism and hotel entrepreneurs here have been disappointed due to almost no arrival of tourists and trekkers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to tourism entrepreneur Binod Gurung, last year the hotel rooms were fully occupied and they had to accommodate tourists under tents but this time almost all rooms are empty. Similar are the stories of other hotel entrepreneurs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Another hotel entrepreneur Mingmar Lama said tourists' arrival in the trekking route is declining day after day due to reasons including excessive snowfall and coronavirus epidemic. The trek route is seen with no tourists even during peak season, he added. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"We are fearful of disease transmission rather than drop arrival of tourists," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Meanwhile, the Manang district administration office has called for locals to remain cautious of tourists and adopt measures to prevent the possible spreading of coronavirus. - RSS</span></span></span></p> <p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif""><img alt="" src="/app/webroot/userfiles/images/bbbbb%281%29.jpg" style="height:1067px; width:800px" /></span></span></span></p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11457', 'image' => '20200304010648_aaaadsffgghhg.jpg', 'article_date' => '2020-03-04 13:05:10', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '11705', 'article_category_id' => '1', 'title' => 'India Restricts Export of Drugs amid Coronavirus Fears', 'sub_title' => '', 'summary' => 'March 4: India, the world’s main supplier of generic drugs, has restricted the export of 26 pharmaceutical ingredients and the medicines made from them, as the coronavirus outbreak plays havoc with supply chains, according to Reuters.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">March 4: India, the world’s main supplier of generic drugs, has restricted the export of 26 pharmaceutical ingredients and the medicines made from them, as the coronavirus outbreak plays havoc with supply chains, according to Reuters.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The news agency reported that those drugs also include Paracetamol, a common pain reliever. Nevertheless, the Indian government urged calm and said there is enough stock to manufacture drugs for two to three months.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The government’s list of 26 active pharmaceutical ingredients (APIs) and medicines accounts for 10 pewrcent of all Indian pharmaceutical exports and includes several antibiotics, such as tinidazole and erythromycin, the hormone progesterone and Vitamin B12, Reuters added.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">It was unclear how the restriction would impact the availability of these medicines in the countries that import from India and also depend on China. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Indian drugmakers largely rely on China, the country where the coronavirus outbreak originated, for almost 70 percent of the APIs for their medicines. Experts say they are likely to face shortages if the epidemic drags on.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">"Export of specified APIs and formulations made from these APIs... is hereby 'restricted' with immediate effect and till further orders," Reuters quoted the Director General of Foreign Trade as saying in a statement on Tuesday, without explaining the extent of the restrictions.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Dinesh Dua, chairman of the Pharmaceuticals Export Promotion Council of India, reportedly said some of these molecules may face shortages for the next couple of months irrespective of the ban.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He further said if coronavirus is not contained, it could cause acute shortages.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">In a statement, the Indian federal government said state authorities had been asked to monitor the production and availability of APIs and formulations to prevent black marketing and hoarding. </span></span></p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11456', 'image' => '20200304110850_aaaa.jpg', 'article_date' => '2020-03-04 11:08:12', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '11707', 'article_category_id' => '1', 'title' => 'Tourism Entrepreneurs Urge Flight Restriction ', 'sub_title' => '', 'summary' => 'March 5: Tourism entrepreneurs in Nepal have called for halting two-way flights to the countries where coronavirus cases have been reported. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">March 5: Tourism entrepreneurs in Nepal have called for halting two-way flights to the countries where coronavirus cases have been reported. They suggested to do so as a preventive measure to prevent the possible outbreak of coronavirus in the country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Coronavirus, renamed as COVID-19 by the WHO, has spread to more than 60 countries so far, claiming the lives of over 3,000 people and infecting around 89,000. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">To curb the outbreak of COVID-19 in Nepal, they have underscored the need for the government and members of public to observe high alertness. One among them is to restrict the international flights to limit the risk of import of the infection. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal is one among those South Asian countries that are, according to the WHO, at high risk of COVID-19 that was first reported in Wuhan of Hubei province in China on December 31, 2019. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Although the government has been observing precautions for risk reduction and management of this flu-like infection, the tourism entrepreneurs here have demanded a slew of draconian measures. They have argued that such measures are not the question of 'if' but 'when' the cases of COVID-19 surges uncontrollably in our country. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Trekking Agencies Association of Nepal (TAAN)'s President Khum Bahadur Subedi shared that they have requested the Ministry of Culture, Tourism and Civil Aviation to restrict all the international flights to and from the countries reporting COVID-19 cases. "There's high risk of COVID-19 adversely affecting the tourism sector of Nepal and its entire economy. A high alert must be observed to curb its risk," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal has inked bilateral air service agreement with around 40 countries and 29 air service provider companies are operating international flights from the only international airport in the country-Tribhuvan International Airport (TIA). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The tourism entrepreneurs have urged with the regulatory agencies to put temporary ban on the flights to and from the countries such as China, South Korea and Japan among others to prevent any outbreak. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Nepal Association of Tours and Travel Agents (NATA) President Achyut Guragain shared that they have been regularly in touch with the stakeholders and concerned government agencies for cancelling flights to and from the countries with high risk of COVID-19. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He shared that attention was drawn towards further scaling up the screening of the incoming passengers at the TIA for which the TIA's Help Desk should be equipped with more human resources and thermal cameras. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, launching awareness campaign about the infection in schools and public places was equally important to control the spread of the deadly infection. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Civil Aviation Authority of Nepal (CAAN)'s Director General Rajan Pokharel said that like in other countries, necessary precaution has been observed in the Nepal's aviation sector. According to him, the CAAN has already issued a travel advisory to all the Nepalis not to consider abroad trips except in urgent situations. - RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11455', 'image' => '20200304122929_Coronavirus-outbreak-The-countries-affected.jpg', 'article_date' => '2020-03-04 12:28:47', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '11704', 'article_category_id' => '1', 'title' => 'Doubts Regarding VNY 2020 Still Persists', 'sub_title' => '', 'summary' => 'March 3: Countries across the globe have taken various measures to prevent the spread of coronavirus outbreak but the government of Nepal hasn’t clearly mentioned if it has postponed the Visit Nepal 2020 campaign or not. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Cambria">March 3: Countries across the globe have taken various measures to prevent the spread of coronavirus outbreak but the government of Nepal hasn’t clearly mentioned if it has postponed the Visit Nepal 2020 campaign or not. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">The government has however decided to stop issuing on-arrival visas in a bid to prevent the possible spread of coronavirus. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">But it has not taken any decision whether to postpone the campaign or to give continuity to the ambitious programme to welcome 2 million tourists to Nepal amid such uncertainty. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">It has been learnt that the cabinet meeting on Sunday decided to postpone the Visit Nepal 2020 campaign for 2022 but the official version is yet to be announced. There are only speculations right now as even the Visit Nepal Secretariat and the ministry concerned seem to be confused about the issue.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">The government has neither consulted with the stakeholders nor informed them about any decision. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Cambria">As the government only informs about cabinet decisions on Thursdays, the official version is still not out.</span></span></p> ', 'published' => true, 'created' => '2020-03-04', 'modified' => '2020-03-04', 'keywords' => '', 'description' => '', 'sortorder' => '11454', 'image' => '20200304100628_20190531031100_Visit-Nepal-2020-Logo.jpg', 'article_date' => '2020-03-04 10:05:38', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '11703', 'article_category_id' => '1', 'title' => 'Brand new A319 Aircraft of Himalaya arrives in Kathmandu ', 'sub_title' => '', 'summary' => '', 'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">March 3: A brand new Airbus A319-115 series aircraft belonging to Himalaya Airlines, Nepal’s joint venture international airliner, has arrived in Kathmandu. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The much awaited A319 aircraft MSN 9020 of Himalaya, with registration number <strong>9N-AJK</strong>, landed in Tribhuvan International Airport (TIA) on March 2 at 22:20 hours local time.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Himalaya Airlines said it added the brand new A319-115 to its fleet to mark its fifth anniversary.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"> Vice President (operations) of Himalaya Airlines, Hao Di, received the new aircraft with its maiden flight from Tianjin Binhai International Airport in China, to TIA, Kathmandu. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">With the arrival of the new aircraft, Himalaya Airlines now has three Airbus A320-214 and an A319-115 in its fleet.</span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Airbus A319-115 is narrow body commercial passenger jet with twin engines and is a member of the Airbus A320 series that can fly both in short and medium ranges. The airline company in a statement said that the aircraft is configured with 8 business-class seats and 120 economy-class seats. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A319 offers new and more efficient engines which will help Himalaya to save fuel up to 15 percent, the statement added. The aircraft is capable of flying to high altitude destinations including Lhasa. </span></span></p> <p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Himalaya Airlines made its debut in Nepali aviation on May 31, 2016 with its first commercial flight to Doha by operating its solo 158 seat capacity A320-114 series aircraft. Currently, the airlines operates flights to Doha, Dammam, Dhaka, Kuala Lumpur, Abu Dhabi as well as to Changsha, Guiyang, Shenzhen, Beijing and Chongqing in China. </span></span></p> ', 'published' => true, 'created' => '2020-03-03', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11453', 'image' => '20200303043548_Himalaya Airlines.jpg', 'article_date' => '2020-03-03 16:33:55', 'homepage' => true, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '26' ) ), (int) 6 => array( 'Article' => array( 'id' => '11701', 'article_category_id' => '1', 'title' => ' Govt Increases Tax Net ', 'sub_title' => '', 'summary' => 'February 28: The government has decided to impose additional tax on infrastructure development. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">February 28: The government has decided to impose additional tax on infrastructure development. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">The tax on infrastructure development was introduced by the then finance minister Bishnu Poudel in 2073/74, according to the state-owned national news agency – Rastriya Samachar Samiti (RSS).</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">This tax was utilized on the Budhigandaki Hydropower Project, one of the national pride projects of Nepal. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">A total of Rs 41 billion has been raised so far with the tax of Rs 5 per liter on petroleum products at customs points. The amount has been used for compensation to the land acquired for the project. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">With the revision, the government has increased the tax on infrastructure development to Rs 10 per litre on petrol and diesel. The decision to this effect was taken by the Council of Ministers on Monday. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Sharing information about the cabinet decisions at a press meet on Thursday, Finance Minister Yuba Raj Khatiwada, who is also the government spokesperson, said the infrastructure development tax will now on be imposed on aviation fuel as well. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">According to him, Nepal Rastra Bank would get a new governor in third week of March. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">In response to a question whether he would remain as National Assembly member, Khatiwada requested everyone to have patience till March 4, the day to conduct the swearing-in ceremony of new members of the upper house. </span></span></span></p> ', 'published' => true, 'created' => '2020-02-28', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11451', 'image' => '20200303043229_tax-rate.JPG', 'article_date' => '2020-02-28 09:25:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '11700', 'article_category_id' => '1', 'title' => 'Japanese Assistance for Improving Water Access and Agriculture Income', 'sub_title' => '', 'summary' => 'February 27: The Government of Japan has provided US dollars 624,770 (Rs 71.70 million) to Peace Winds Japan under the Grant Assistance for Japanese NGO Projects. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">February 27: The Government of Japan has provided US dollars 624,770 (Rs 71.70 million) to Peace Winds Japan under the Grant Assistance for Japanese NGO Projects. The fund will be used for implementing a project on improving water access and agricultural income in Sindhupalchowk district, according to a statement issued by the Japanese Embassy in Kathmandu.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">According to the statement, Peace Winds Japan, an international NGO based in Japan, will work with Nepali partner NGO, the Institution for Suitable Actions for Prosperity (ISAP), to implement the project in Sunkoshi and Melamchi Municipalities and Balefi Rural Municipality.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The grant contract for the project was signed and exchanged between Japanese Ambassador to Nepal Saigo Masamichi and Yamamoto Yuko, country representative of Peace Winds Japan, at the Embassy of Japan in Nepal on February 27.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The grant will be used to enhance the people’s living condition by improving water access and through income generation from agriculture. </span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">“It will build and renovate safe drinking water facilities in all three municipalities that were badly affected by the 2015 earthquakes. It will also work to enhance the income of the people through agriculture production and marketing support,” the statement added.</span></span></p> <p><span style="font-size:20px"><span style="font-family:"Times New Roman",serif">The Embassy of Japan in Nepal said it expects the project to contribute towards poverty reduction by improving water access and agriculture incomes and also serve as a good practice for replication in other districts in Nepal. The Embassy also expects the project to contribute to the cordial friendship between the people of Japan and Nepal.</span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11450', 'image' => '20200303035430_Japanese Assistance for Improving Water Access and Agriculture Income.JPG', 'article_date' => '2020-02-27 13:17:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '11698', 'article_category_id' => '1', 'title' => 'Trade Points in Northern Border to Remain Closed', 'sub_title' => '', 'summary' => 'February 27: Nepal’s northern border with China, which has remained closed since a month following the coronavirus outbreak in mainland China, is unlikely to open anytime soon.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 27: Nepal’s northern border with China, which has remained closed since a month following the coronavirus outbreak in mainland China, is unlikely to open anytime soon.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Government authorities have said they are not in a hurry to open the border as the epidemic has not been fully contained in China.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Tatopani and Rasuwagadhi, the two major customs point between Nepal and China, have remained shut since January 29 to prevent further spreading of the deadly virus.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">More than 500 containers of goods ordered by Nepali importers have remained stuck across the border in Kerung. Those containers contain goods worth Rs 3 billion.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">High-ranking government officials hand held a meeting earlier this week to discuss about resuming trade from the border point. The meeting chaired by secretaries of the finance, home, health and industry ministries concluded that it is not safe to reopen the border points unless they have modern equipment and facilities to screen the visitors.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">As the government currently lacks equipment to screen the people coming from China, the authorities have decided not to reopen the border for the time being, informed Joint Secretary Uttar Kumar Khatri of the finance ministry.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">He said that the government’s priority at the moment is protecting its citizens from the deadly virus rather than resuming trade.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">“The fear of infection has not yet subsided. Keeping in consideration the national security, it seems likely that the resumption of trade from the border will take some more time,” added Khatri.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">According to him, the government will ease the restriction once the threat level decreases.</span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11449', 'image' => '20200303035545_Trade Points in Northern Border to Remain Closed.jpg', 'article_date' => '2020-02-27 12:18:51', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '11693', 'article_category_id' => '1', 'title' => 'Nepse Achieves Another Milestone with All-Time High Transactions', 'sub_title' => '', 'summary' => 'February 27: Nepal Stock Exchange (Nepse) achieved another milestone on Wednesday (February 26) with yet another record of biggest-ever transaction in a single day.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 27: Nepal Stock Exchange (Nepse) achieved another milestone on Wednesday (February 26) with yet another record of biggest-ever transaction in a single day.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Nepse Index, which has been rising since a month, not only broke its previous record of highest transaction set only a few days ago but also recorded the maximum share transaction in its history.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">At the close of the day, Nepse witnessed a new record of share transactions worth Rs 4.15 billion, which is almost Rs 55 million more than the previous mark of Rs 3.60 billion set on Sunday (February 23).</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A total of 9,906,000 units of shares of 180 companies were traded on Wednesday.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The Nepse index increased by 50.93 points to reach 1596.13 points, the highest in last 30 months. The last time Nepse index rose so high was on August 30, 2017, when was 1590.36 poitns.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The latest figure is the 20 th time that the daily transaction of Nepse crossed the mark of Rs 2 billion in a single day. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The entry of new investors in the market is considered as one of the reasons of the encouraging transaction in the stock market.</span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11445', 'image' => '20200303040000_Nepse Achieves Another Milestone with All-Time High Transactions.jpg', 'article_date' => '2020-02-27 10:29:06', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '11692', 'article_category_id' => '1', 'title' => 'Nepal has Good Prospects of Selling Oranges to Bangladesh', 'sub_title' => '', 'summary' => 'February 26: Bangladesh imported oranges worth US$ 68.4 million (Rs 7.79 billion) in 2018, according to ITC Trademap.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">February 26: Bangladesh imported oranges worth US$ 68.4 million (Rs 7.79 billion) in 2018, according to ITC Trademap.</span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">Bangladesh mainly imports oranges from African countries. Nepal can capitalize on Bangladesh’s demand for oranges of almost Rs 8 billion by supplying the fruit if the eastern hills of the country are developed into orange farms. For this, the government needs to encourage the farmers, provide them with grant and waive tax for a certain period. The government must also give quality assurance and then sign B2B and G2G agreements with Bangladesh. </span></span></span></p> <p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif""><img alt="" src="/app/webroot/userfiles/images/Clipboard01%2842%29.jpg" style="height:485px; width:667px" /></span></span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif""><img alt="" src="/app/webroot/userfiles/images/2%2865%29.jpg" style="height:456px; width:800px" /></span></span></span></p> <p> </p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11444', 'image' => '20200303040600_orange.jpg', 'article_date' => '2020-02-27 09:50:17', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '11699', 'article_category_id' => '1', 'title' => 'Myagdi Receives Snowfall for Seventh Time', 'sub_title' => '', 'summary' => 'February 27: Myagdi district has witnessed snowfall for the seventh time this season. The highlands of Myagdi received snowfall earlier this week.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 27: Myagdi district has witnessed snowfall for the seventh time this season. The highlands of Myagdi received snowfall earlier this week.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">High-altitude areas like Gurja, Lulang, Mangala, Todke, Jhakripani, Ruine, Bhagwati, Kuinemangale, Ghodepani, Chitre, Ramche among other settlements received the snowfall.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">It has been reported that the snowfall in some areas is one foot deep.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">This is the seventh time the district received snowfall in the last two and a half months.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The locals have complained that the snowfall has crippled life in the district while also halting the development works.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">However, farmers are elated that the snowfall help flourish their winter crops.</span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11443', 'image' => '20200303042249_snowfall.jpg', 'article_date' => '2020-02-27 13:02:23', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '11690', 'article_category_id' => '1', 'title' => 'Dhakal fields his candidacy for Senior Vice President of FNCCI ', 'sub_title' => '', 'summary' => 'February 27: Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has announced his candidacy for the post of Senior Vice President of FNCCI. ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">February 27: Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has announced his candidacy for the post of Senior Vice President of FNCCI. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhakal has formally announced his candidacy for the post of the senior vice president of the federation at a programme organised in the capital on Wednesday (February 26). </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"I declare my candidacy for the post of the senior vice president of the Federation from my own hometown among my relatives, well-wishers and seniors," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Stating that his own career was started from very small business, he said that he understands the issues and problems of the business community. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"My own career was also started from a very small business and job. And I have reached the present stage playing here," he said adding, "Therefore, I understand the situation, problem and issues of small business people and entrepreneurs." </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhakal pledged to work for raising the confidence of the business community and remain together with them at every ups and downs. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Stating that the government alone could not meet the development expectations and fulfill the aspirations of all, he said that he would work make the private sector more strong and competent for lobbying with the government to create conducive business environment. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He said that he would work to create conducive environment to attract foreign investment in the country, to bring in new and innovative ideas and technologies, fight for the rights for the private sector and settle the issues and grievances of the business people. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">"Last but not the least, I will lobby with the government for attaining rapid economic development with social justice and achieve the goal of prosperous Nepal and happy Nepali," he said. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhakal, is a first generation serial entrepreneur of Nepal. He and his brother Hem Raj Dhakal co-founded the IME conglomerate of businesses. He strongly believes in and adheres to the ethics of professional financial conduct and governance. Additionally, he has set an exemplary model for the successful merger and acquisition of banks and financial institutions in Nepal. Dhakal’s visionary leadership has contributed to evolve the IME Group from its humble beginnings into a fast growing conglomerate. </span><br /> <br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Dhakal has been serving as the Honorary Consul of the Republic of Indonesia in Nepal since 2010. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">He is also the President of Nepal Indonesia Chamber of Commerce and Industry and Vice-President of The Nepal German Chamber of Commerce and Industry. - RSS</span></span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11442', 'image' => '20200303042418_Chandra dhakal (2).jpg', 'article_date' => '2020-02-27 08:56:22', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '11691', 'article_category_id' => '1', 'title' => 'Parliament Endorses First Amendment to BAFIA ', 'sub_title' => '', 'summary' => 'February 26: A meeting of the House of Representatives (HoR) on Wednesday (February 26) endorsed the first amendment to the Banks and Financial Institutions Act (BAFIA). ', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><span style="font-family:"Arial Unicode MS","sans-serif"">February 26: A meeting of the House of Representatives (HoR) on Wednesday (February 26) endorsed the first amendment to the Banks and Financial Institutions Act (BAFIA). The amendment bill tabled at the lower house meeting by Speaker Agni Prasad Sapkota was passed by the majority of lawmakers. </span><br /> <span style="font-family:"Arial Unicode MS","sans-serif"">Similarly, President of the Finance Committee under the HoR, Krishna Prasad Dahal and member of the Education and Health Committee Jeevan Ram Shrestha on behalf of the committee's President Jayapuri Gharti tabled the report related to the Citizens Investment Trust Bill (Second Amendment), 2076 BS and the report related to the National Sports Development Bill, 2076 respectively at the meeting. - RSS </span></span></span><br /> </p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11441', 'image' => '20200303042507_Parliament Endorses First Amendment to BAFIA.jpg', 'article_date' => '2020-02-27 09:10:13', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '11695', 'article_category_id' => '1', 'title' => 'Price of Masks Rises Three Folds', 'sub_title' => '', 'summary' => 'February 27: Vendors and local pharmacies in Nepal have hiked the price of surgical and face masks by more than three times following the rise in demand for such masks.', 'content' => '<p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">February 27: Vendors and local pharmacies in Nepal have hiked the price of surgical and face masks by more than three times following the rise in demand for such masks.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A packet of mask which was available at Rs 500 about a month ago now costs more than Rs 1500. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">Until January 28, a packet of branded mask was available at Rs 500 while other normal packets of masks used to cost Rs 300. However, vendors have hiked the price to Rs 1700 and Rs 1000 respectively citing lack of supply due to scarcity of masks following the coronavirus outbreak in China. </span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">A representative of Nims Pharmacy located in Thapathali informed NBA that the vendors have increased the price of masks by more than three times.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">The outbreak of Covid-19 (Coronavirus) in Wuhan, China has created a panic in the global health sector and Nepal is not an exception.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif">This has increased the demand for masks and the vendors are taking advantage of the situation by hiking the price arbitrarily.</span></span></p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"><img alt="" src="/app/webroot/userfiles/images/aadafjj.jpg" style="height:532px; width:800px" /> </span></span></p> <p> </p> <p> </p> <p><span style="font-size:20px"><span style="font-family:Calibri,sans-serif"> </span></span></p> ', 'published' => true, 'created' => '2020-02-27', 'modified' => '2020-03-03', 'keywords' => '', 'description' => '', 'sortorder' => '11440', 'image' => '20200303042632_Price of Masks Rises Three Folds.jpg', 'article_date' => '2020-02-27 11:15:15', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $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
