
May 27: The provincial government of Karnali has allocated Rs 3 million for the conservation of Gurans Rural Municipality of Dailekh, renowned for its rhododendron…
May 27: The provincial government of Karnali has allocated Rs 3 million for the conservation of Gurans Rural Municipality of Dailekh, renowned for its rhododendron…
May 27: The hills of Dailekh are full of bayberries, locally known as ‘kafal’, this season.…
May 27: With just one week left for the budget announcement, experts have suggested the government to raise tax from the agriculture sector as…
May 27: A market monitoring team in Pyuthan has found rampant sale of date-expired food in the…
time for reversal trend.…
May 26: With the arrival of the season for collecting Yarsagumba in Dolpa district, the authorities have started charging entry fee for the locals who are eager to collect the prized medicinal herb known for its purported aphrosidsiac proterties.…
May 26: Nepal Rastra Bank (NRB) has issued a new circular to encourage e-payment transaction in the…
May 26: The import of goods to Nepal in the first 10 months of the current fiscal year stood at a staggering Rs 1.1 trillion while the export remained merely Rs 78…
May 26: The announcement of processing and exporting of precious stones in the policies and programmes of the government has raised hope of reopening of the mines that have remained closed since four…
May 24: Chinese investment in hydropower sector of Nepal has been uncertain in the absence of clear policies regarding security of foreign…
choppy trend, time to have some patience.…
May 24: International tourism continued to grow over the first quarter of 2019, according to the latest issue of the UNWTO World Tourism…
May 24: Nepalgunj is arguably the hottest place in…
May 23: The three-kilometre runway of Gautam Buddha International Airport (GBIA) in Bhairahawa is ready to use.…
May 23: Producers and distributors of black cardamom are bearing the brunt of double taxation.…
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$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' => '10770', 'article_category_id' => '1', 'title' => 'Karnali Province Allocates Rs 3 million for Conservation of Rhododendron Forests', 'sub_title' => '', 'summary' => 'May 27: The provincial government of Karnali has allocated Rs 3 million for the conservation of Gurans Rural Municipality of Dailekh, renowned for its rhododendron forests.', 'content' => '<p> May 27: The provincial government of Karnali has allocated Rs 3 million for the conservation of Gurans Rural Municipality of Dailekh, renowned for its rhododendron forests. As this area falls on the way to Rara, many tourists visiting the scenic lake in Mugu district as well as pilgrims on their way to Mansarovar visit this place for recreation. That is the reason why the provincial government has kept this place in priority and allocated budget.</p> <p> “The provincial government plans to develop this area as a tourist destination,” said Dharma Raj Regmi, a member of the provincial assembly of Karnali.</p> <p> He said that the government has given special attention for the conservation of the rhododendron forests as it would contribute in the development of the region through tourism.</p> <p> The chief of the rural municipality Khemraj Wali said that the local government intends to build a park to attract both domestic as well as international tourists.</p> <p> “Conservation of the forests will contribute in developing tourism in this area,” he added.</p> <p> It is said that this particular forest is a home to five of the 32 species of rhododendrons found in Nepal. The local authorities of Dailekh and Surkhet have pressed for including the issue of conservation of forests in school syllabus.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-27', 'modified' => '2019-05-27', 'keywords' => '', 'description' => '', 'sortorder' => '10521', 'image' => '20190527021639_aaadfff.jpg', 'article_date' => '2019-05-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '10769', 'article_category_id' => '1', 'title' => 'Bayberries Become a Good Source of Income for Locals of Dailekh', 'sub_title' => '', 'summary' => 'May 27: The hills of Dailekh are full of bayberries, locally known as ‘kafal’, this season. ', 'content' => '<p> May 27: The hills of Dailekh are full of bayberries, locally known as ‘kafal’, this season. The berries have become a good source of income for the locals. People of all age group including children and elderly people can be seen with baskets full of berries picked from the jungle. Some are busy selling the berries along the streets while some are busy plucking the berries in the forests. </p> <p> The locals are fully occupied in this temporary business. A vendor told New Business Age that she earns between Rs 2000 to Rs 3000 per day be selling the berries. A cup of berries are sold for Rs 50. </p> <p> During this season, the berries are found abundantly in the forests while it has good demand in the market. So far, no one has started commercial farming of this fruit since it is found in plenty in the forests. This type of berry grows in high hills and the mountainous region of the country. The bark of the ‘kafal’ tree is used for medicinal purpose.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-27', 'modified' => '2019-05-27', 'keywords' => '', 'description' => '', 'sortorder' => '10520', 'image' => '20190527015909_kapal -2.jpg', 'article_date' => '2019-05-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '10768', 'article_category_id' => '1', 'title' => 'Experts Suggest Imposing Tax on Agricultural Sector', 'sub_title' => '', 'summary' => 'May 27: With just one week left for the budget announcement, experts have suggested the government to raise tax from the agriculture sector as well.', 'content' => '<p> May 27: With just one week left for the budget announcement, experts have suggested the government to raise tax from the agriculture sector as well. They argued that the developed countries have been imposing tax on agriculture while Nepal, being an agricultural country, hasn’t brought this sector under the purview of tax.</p> <p> Economist Keshav Acharya says excluding the agricultural sector from the ambit of tax is not a good idea. He told New Business Age that the government should consider taxation on this sector provided that it is able to reduce the cost of production. He also suggested the government not to ignore the agricultural sector.</p> <p> Former Finance Secretary Rameshwar Khanal says that the local governments can impose tax on agricultural sector right away. He says it is possible for the government to earn good revenue from this sector if it can transform the traditional farming system into commercial farming.</p> <p> Likewise, another economist Dr Chandra Mani Adhikari says that the commercial farmers can be brought under the ambit of tax. He, however, said that the government must first ensure that there is an increase in production before imposing tax.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-27', 'modified' => '2019-05-27', 'keywords' => '', 'description' => '', 'sortorder' => '10519', 'image' => '20190527010000_Makai.jpg', 'article_date' => '2019-05-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '10766', 'article_category_id' => '1', 'title' => 'Date-Expired Goods being sold in Pyuthan', 'sub_title' => '', 'summary' => 'May 27: A market monitoring team in Pyuthan has found rampant sale of date-expired food in the district.', 'content' => '<p> May 27: A market monitoring team in Pyuthan has found rampant sale of date-expired food in the district.</p> <p> A recent inspection carried out jointly by the Tulsipur office of the Department of Food Technology and Quality Control (DFTQC); Consumers’ Welfare and Protection Committee, Bhairahawa; and local government of Pyuthan revealed the fact.</p> <p> Prem Bahadur Thapa, coordinator of the monitoring team, told New Business Age that such expired goods were found in the district headquarters, Khalanga as well as other business hubs such as Bagdula, Bijubazar, and Jumri. According to him, the expired goods including soft drinks, biscuits, spices, chips have been destroyed while fruit juice with near-expiry dates have been returned to the dealers.</p> <p> The monitoring team also found that most of the shops were not registered, did not have price list displayed and were selling adulterated food. Thapa further informed that most of the goods did not have labeling while locally-made goods were being sold in bottles of other brands.</p> <p> The team also found that a number of shops were selling tobacco and alcoholic drinks without license. Bibek Kumar Subedi, a technician at the DFTQC said that the owners of those shops were told to register their shops and run them in accordance to the law.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-27', 'modified' => '2019-05-27', 'keywords' => '', 'description' => '', 'sortorder' => '10517', 'image' => '20190527121501_aaaa.jpg', 'article_date' => '2019-05-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '10765', 'article_category_id' => '1', 'title' => 'Market Watch of May 26 (Sunday) ', 'sub_title' => '', 'summary' => 'time for reversal trend. ', 'content' => '<p> <strong>Current Price (CMP): 1302.61</strong></p> <p> <strong>OHLC Update of 12<sup>th</sup> Jestha:</strong></p> <p style="margin-left: 40px;"> O: 1314.55<br /> H: 1317.86<br /> L: 1301.32<br /> C: 1302.61</p> <p> <strong>Pivot for 13<sup>th</sup> Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0" style="width:632px;" width="632"> <tbody> <tr> <td style="width:79px;height:34px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;height:34px;"> <p style="text-align: center;"> <strong>1,280.13</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,290.72</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,296.67</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,307.26</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,313.21</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,323.8</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,329.75</strong></p> </td> </tr> </tbody> </table> <div style="clear:both;"> </div> <p> </p> <p> <strong>Pivot for the 3<sup>rd</sup> Week of Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:84px;height:28px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:84px;height:37px;"> <p style="text-align: center;"> <strong>1,285.15</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,294.87</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,304.71</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,314.43</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,324.27</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,333.99</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,343.83</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Pivot for Month of Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:79px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;"> <p style="text-align: center;"> <strong>1,082.82</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,132.34</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,223.9</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,273.42</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,364.98</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,414.5</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,506.06</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Turnover Update:</strong></p> <p style="margin-left: 40px;"> On Month of Baisakh: 1,803.05 Crores<br /> Volume of this week (29<sup>th</sup> Baisakh – 2<sup>nd</sup> Jestha): NRs. 494.93 Crores<br /> Volume of 2<sup>nd</sup> Week of Jestha: NRs. 502.44 Crores<br /> 9<sup>th</sup> Jestha: Nrs. 93.26 Crores<br /> 12<sup>th</sup> Jestha: Nrs. 62.62 Crores</p> <p> <strong>Commentary:</strong></p> <p> 1. Today market is negative, market remained positive for half an hour in the first hour of the day and then it remained negative till the closing. Along with the market other sub indices are also negative. NEPSE Market has lost 0.91% likewise Sensitive also lost 1.01%.</p> <p> 2. The volume today has dropped in comparison to that of last traded volume. </p> <p> 3. All the Sub-indices are negative. The noticeable change on the Sub- Indices is negative change of Hotels by 1.49% and Others by 1.53%. </p> <p> 4. The CMP of 12<sup>th</sup> Jestha is below the pivot of 13<sup>th</sup> Jestha and the weekly pivot but higher than that of the monthly pivot.</p> <p> 5. Comparing NEPSE Market and Sensitive we can see same kind of fluctuation on both of the market. Though Sensitive Market lost more points than NEPSE Market.</p> <p> </p> <p> <strong>Top 5 Scrips by turnovers:</strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>Turnover</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Closing Price</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>NBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 4.85 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>336</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>SHIVM</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 4.75 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>560</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>UPPER</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 3.74 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>275</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>HDL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 2.54 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>1,666</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>ADBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 2.15 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>425</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Top 5 Gainers: </strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>LTP</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Point Change</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>GILB</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>1,376</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>125</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>NMBMF</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>1,164</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>92</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>UIC</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>998</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>33</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>HURJA</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>134</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>4</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>MHNL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>102</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>3</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Top 5 Losers: </strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>LTP</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Point Change</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>JOSHI</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>111</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-12</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>HDL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>1,666</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-143</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>RADHI</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>164</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-12</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>AKPL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>192</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-13</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>MPFL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>224</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-15 </strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Sector Wise Summary: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:160px;height:33px;"> <p style="text-align: center;"> <strong>Sector</strong></p> </td> <td style="width:160px;height:33px;"> <p style="text-align: center;"> <strong>Turnover Values</strong></p> </td> <td style="width:160px;height:33px;"> <p style="text-align: center;"> <strong>Turnover volume</strong></p> </td> <td style="width:160px;height:33px;"> <p style="text-align: center;"> <strong>Total Transaction</strong></p> </td> </tr> <tr> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>Commercial Banks</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>NRs. 26.71 Crores</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>896,994</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>2,724</strong></p> </td> </tr> <tr> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Finance</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>NRs. 1.17 Crores</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>80,571</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>321</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p style="text-align: center;"> <strong>Hotels</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>NRs. 0.88 Crores</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>18,536</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>87</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p style="text-align: center;"> <strong>Manufacturing And Processing</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>NRs. 7.29 Crores</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>98,774</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>789</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>Others</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>NRs. 1.98 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>70,098</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>210</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>Hydro Power</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>NRs. 7.73 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>363,432</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>2,858</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Non Life Insurance</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 4.48 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>51,156</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>502</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Development Banks</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 4.83 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>262,073</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>642</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Mutual Fund</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 0.09 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>101,630</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>53</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Promoter Share</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 1.45 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>34,496</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>65</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <img alt="" src="/app/webroot/userfiles/images/s%286%29.JPG" style="width: 745px; height: 475px;" /></p> <p style="text-align: center;"> <strong>Pic. Showing Sensitive Candle Stick Chart</strong></p> <p> <strong>Analysis: </strong></p> <p> 1. The CMP of 12<sup>th</sup> Jestha is below the Pivot of 13<sup>th</sup> Jestha and the volume is lower than that of last traded volume. Analyzing this we can say that the market seems in bearish trend.</p> <p> 2. Observing the candle stick patterns of past days we see the formation of “Three Outside Down” but still this is not definite as there is no formation of engulfing pattern. The mentioned trend shows that the market might be in reversal trend now.</p> <p> 3. Choppy trend can be observed these days as we can see the candle sticks are hovering in the same range of 1300 to 1320 which is not exactly giving the sign; either the trend is upward or downward.</p> <p> 4. This may be the time for buyers and sellers to have patience because no actual trend is observed. There is a fluctuation in the market which is uncertain. Risk takers can invest in a suitable stock.</p> <p> 5. As per previous trends we have been observing that the opening day and closing day of the week are always in pressure and there is no certainty about the market. So market traders need not panic.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10516', 'image' => '20190526043302_n.JPG', 'article_date' => '2019-05-26 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '22' ) ), (int) 5 => array( 'Article' => array( 'id' => '10764', 'article_category_id' => '1', 'title' => 'Yarsa Collectors Flock to Dolpa as Season Begins', 'sub_title' => '', 'summary' => 'May 26: With the arrival of the season for collecting Yarsagumba in Dolpa district, the authorities have started charging entry fee for the locals who are eager to collect the prized medicinal herb known for its purported aphrosidsiac proterties. ', 'content' => '<p> May 26: With the arrival of the season for collecting Yarsagumba in Dolpa district, the authorities have started charging entry fee for the locals who are eager to collect the prized medicinal herb known for its purported aphrosidsiac proterties. </p> <p> The authorities will allow the locals as well as other enthusiasts to collect the herb in the pastures of the highlands from Monday, May 27. Shey-Phoksundo National Park has already started collecting the entry fee from Friday. The national park allows the locals to enter the area only after verifying their documents mentioning their local address. The national park charges the people of the immediate locality Rs 500 as entry fee while others from the same district are charged Rs 2000. Meanwhile, those coming from other districts are charged Rs 3000 per person.The national park has also set a deposit of Rs 30,000 for the collectors, which will remain valid for a month from May 24.</p> <p> The national park has decided to open all the pastures from Monday but the collectors should arrive a day before the season begins. Altogether 15 entry points have been set from where the national park collects entry fees and deposits, according to Chhatra Khadka, information officer of Shey-Phoksundo National Park.</p> <p> Collectors from neighbouring districts like Jumla, Rukum, Jajarkot among others have also arrived at Dolpa.</p> <p> The national park has adopt strict measures against smuggling of Yarsagumba. As of Saturday afternoon, 1,800 persons have been granted permission to collect Yarsagumba. The national park has collected Rs 5.1 million so far from entry fee.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10515', 'image' => '20190526040103_2.jpg', 'article_date' => '2019-05-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '10760', 'article_category_id' => '1', 'title' => 'Central Bank Encourages E-Payment', 'sub_title' => 'Restricts cash withdrawal through credit card to 10 percent', 'summary' => 'May 26: Nepal Rastra Bank (NRB) has issued a new circular to encourage e-payment transaction in the country.', 'content' => '<p> May 26: Nepal Rastra Bank (NRB) has issued a new circular to encourage e-payment transaction in the country. According to the new provision of the central bank, credit card holders can now withdraw only 10 percent cash from their credit limit. Analysts say this provision encourages credit card holders to carry out cashless transaction.</p> <p> The new directive issued by the central bank’s Payment System Department on Friday, May 24, discourages cash transaction by credit card holders in normal condition. The bank earlier on July 15, 2018 had restricted cash withdrawal from credit cards to 25 percent of the total credit limit.</p> <p> According to the bank, it took the measure to significantly reduce cash withdrawal after finding that the credit card users were withdrawing cash massively. The new directive states that the card holders should withdraw 10 percent cash from the credit limit only during emergencies.</p> <p> Prepaid card doesn’t have such limitations. At present, debit card users are allowed to withdraw cash from Rs 500 to Rs 25,000 at a time. </p> <p> The central bank has made it mandatory to make cash withdrawal from credit cards available even if the issuer and acquirer are from different institutions and that the charges levied for the transaction service should be made public.</p> <p> Likewise, the new directive of Nepal Rastra Bank has also notified that pin numbers are not required for the customers in transactions up to Rs 2000 at a time through Near Field Communication Technology (NFCT) card issued by the banks and financial institutions (BFIs). BFIs themselves should manage the risks and transaction number, states the directive.</p> <p> Likewise, customers can make a maximum payment of up to 50,000 daily through mobile banking. But in cases where there are no billing system or transaction details available, customers can deposit or withdraw amount worth only Rs 100,000 per month through mobile banking.</p> <p> <img alt="" src="/app/webroot/userfiles/images/Clipboard01%2815%29.jpg" style="width: 600px; height: 450px;" /></p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10511', 'image' => '20190526024929_NRB Facebook.jpg', 'article_date' => '2019-05-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '10759', 'article_category_id' => '1', 'title' => 'Nepal’s Import Stands at Staggering Rs 1.1 trillion', 'sub_title' => '', 'summary' => 'May 26: The import of goods to Nepal in the first 10 months of the current fiscal year stood at a staggering Rs 1.1 trillion while the export remained merely Rs 78 billion.', 'content' => '<p> May 26: The import of goods to Nepal in the first 10 months of the current fiscal year stood at a staggering Rs 1.1 trillion while the export remained merely Rs 78 billion.</p> <p> According to a report released by the Department of Customs on Friday, May 24, the country imported the highest value of goods from India worth Rs 761 billion during the review period while it exported goods worth Rs 50 billion to the southern neighbour.</p> <p> Likewise, goods worth Rs 17.8 billion were exported to China while Nepal imported goods worth Rs 169 from the northern neighbour. </p> <p> According to the report, petroleum products, vehicles and iron were the major import of Nepal.</p> <p> During the review period, Nepal imported petroleum products worth Rs 261.09 billion and iron and steel products worth Rs 119.8 billion.</p> <p> Likewise, the country imported machineries and equipment worth Rs 155 billion, vehicles worth Rs 77 billion, electric appliances of Rs 72.8 billion, consumable goods of Rs 44 billion, vegetables of Rs 24 billion and fruits of Rs 15.4 billion. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10510', 'image' => '20190526022115_aaaa.jpg', 'article_date' => '2019-05-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '10757', 'article_category_id' => '1', 'title' => 'Extraction of Precious Stones Likely to Resume', 'sub_title' => '', 'summary' => 'May 26: The announcement of processing and exporting of precious stones in the policies and programmes of the government has raised hope of reopening of the mines that have remained closed since four years.', 'content' => '<p> May 26: The announcement of processing and exporting of vprecious stones in the policies and programmes of the government has raised hope of reopening of the mines that have remained closed since four years.</p> <p> The ban on export of precious stones by the government has in July 2014 had resulted in the closure of 29 companies that had been supplying stones overseas. The government had imposed the ban arguing that the stones worth millions were sold at scrap value.</p> <p> The government’s policies and prorammes for the upcoming fiscal year has announced feasibility study for extracting valuables from mines in different parts of the country. The government has stated it will study the possibility of extraction of iron from Dhaubadi of Nawalparasi, valuable gems and copper from Jajarkot, petroleum from Dailekh, iron from Parbat and Tanahun and Uranium from Mustang.</p> <p> The government plans to process the precious stones by setting up a refinery and intends to export them.</p> <p> Altogether 29 companies had been extracting kainite, tourmaline and quartz in Nepal before the government imposed a ban in 2014. Kainite is classified as a very valuable stone while tourmaline is a valuable stone and quartz a normal stone. So far, 18 companies have renewed their license to extract the stones while only one company has been running a mine.</p> <p> A mining company in Jajarkot and Dailekh had extracted 7 kilograms of kainite last year. The stones were utilized by the domestic diamond industry, according to Ramesh Maharjan, chairman of Nepal Gold- Silver and Jewellery Association.</p> <p> Before the ban was imposed, Nepal had produced 698 kg of tourmaline, 1,187 kg of kainite and 4256 kg of quartz. The same year, the government had collected revenue of Rs 2.1 million from tourmaline, Rs 4,000 from kainite and Rs 86,000 from quartz. In the next fiscal year, the government increased the tax on tourmaline and quartz five times while that of kainite was increased 500 folds. Unable to pay the tax, the companies collapsed.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10508', 'image' => '20190526013538_aaaadsfjkjkj.jpg', 'article_date' => '2019-05-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '10756', 'article_category_id' => '1', 'title' => 'Chinese Investment Uncertain due to Lack of Clear Policies', 'sub_title' => '', 'summary' => 'May 24: Chinese investment in hydropower sector of Nepal has been uncertain in the absence of clear policies regarding security of foreign investment.', 'content' => '<p> May 24: Chinese investment in hydropower sector of Nepal has been uncertain in the absence of clear policies regarding security of foreign investment.</p> <p> The failure in implementation of Chinese investment proposals worth Rs 36 billion in the last fiscal year resulted in not a single commitment from the northern neighbor this year (FY 2018/19).</p> <p> Altogether 12 hydropower projects are under-construction with Chinese investment or in agreement with Chinese investors. Those projects which have a target to produce 1368 megawatts of electricity require investment of Rs 286.82 billion.</p> <p> In recent years, Nepal has received more investment commitment from China than any other countries. According to the Department of Industry, China started proposing for investment in the energy sector of Nepal since FY 1998/99. FY 17/18 saw the highest amount of proposals worth Rs 36.5 billion from China.</p> <p> However, this FY Nepal has not received any investment proposal from China, according to the Department. The lack of interest by Chinese investors has been attributed to the failure to implement the investment proposals of last FY.</p> <p> President of Independent Power Producers' Association Nepal (IPPAN), Shailendra Guragain said that if the foreign investments are not secured, Chinese investment will also likely stop just like the Indian commitment. He explained that lots of Indian came to Nepal for investing in hydropower projects12 years ago. However, they returned disappointed after figuring out that their investment won’t be secure here.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-24', 'modified' => '2019-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '10507', 'image' => '20190524041447_Clipboard04-8.jpg', 'article_date' => '2019-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '10755', 'article_category_id' => '1', 'title' => 'Market Watch of May 23 (Thursday)', 'sub_title' => '', 'summary' => 'choppy trend, time to have some patience. ', 'content' => '<p style="text-align: center;"> <strong>Pic. Showing NEPSE Candle Stick Chart</strong></p> <p> <strong>Current Price (CMP): 1314.55</strong></p> <p> <strong>OHLC Update of 9<sup>th</sup> Jestha:</strong></p> <p style="margin-left: 40px;"> O: 1319.63<br /> H: 1324.15<br /> L: 1309.12<br /> C: 1314.55</p> <p> <strong>Pivot for 12<sup>th</sup> Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0" style="width:632px;" width="632"> <tbody> <tr> <td style="width:79px;height:34px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;height:34px;"> <p style="text-align: center;"> <strong>1,292.7</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,300.91</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,307.73</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,315.94</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,322.76</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,330.97</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,337.79</strong></p> </td> </tr> </tbody> </table> <div style="clear:both;"> </div> <p> <strong>OHLC Update of 2<sup>nd</sup> Week of Jestha:</strong></p> <p style="margin-left: 40px;"> O: 1318.71<br /> H: 1324.15<br /> L: 1304.59<br /> C: 1314.55</p> <p> <strong>Pivot for the 3<sup>rd</sup> Week of Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:84px;height:28px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:84px;height:37px;"> <p style="text-align: center;"> <strong>1,285.15</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,294.87</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,304.71</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,314.43</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,324.27</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,333.99</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,343.83</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Pivot for Month of Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:79px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;"> <p style="text-align: center;"> <strong>1,082.82</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,132.34</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,223.9</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,273.42</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,364.98</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,414.5</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,506.06</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Turnover Update:</strong></p> <p> On Month of Baisakh: 1,803.05 Crores<br /> Volume of this week (29<sup>th</sup> Baisakh – 2<sup>nd</sup> Jestha): NRs. 494.93 Crores<br /> Volume of 2<sup>nd</sup> Week of Jestha: NRs. 502.44 Crores<br /> 8<sup>th</sup> Jestha: Nrs. 96.66 Crores<br /> 9<sup>th</sup> Jestha: Nrs. 93.26 Crores</p> <p> <strong>Commentary:</strong></p> <p> 1. Today market is negative during the closing of the week. Along with the market other sub indices are also negative. NEPSE Market has lost 0.39% likewise Sensitive also lost 0.32%.</p> <p> 2. The volume today has dropped in comparison to that of yesterday but this is not the lowest volume of this week. Volume this week is greater in comparison to that of last week. </p> <p> 3. Out of 12 Sub-indices 5 of them are positive. The noticeable change on the Sub- Indices is negative change of Hydropower by 4.82% .</p> <p> 4. The CMP of 9<sup>th</sup> Jestha is below the pivot of 12<sup>th</sup> Jestha and slightly above the weekly pivot whereas the monthly pivot is in range of 1270.</p> <p> 6. Comparing NEPSE Market and Sensitive we can see that the NEPSE Market has more fluctuation than the Sensitive. Today NEPSE market made high during the first hour and made the low at third hour.</p> <p> </p> <p> <strong>Top 5 Scrips by turnovers:</strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>Turnover</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Closing Price</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>UPPER</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 15.59 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>287</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>HDL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 7.03 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>1,809.00</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>NBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 6.14 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>340</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>ADBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 4.10 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>431</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>SHIVM</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 3.97 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>547</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Top 5 Gainers: </strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>LTP</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Point Change</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>NMBMF</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>1,072.00</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>97</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>MPFL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>239.00</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>21</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>CLBSL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>575</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>27</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>SMFDB</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>570</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>19</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>KADBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>181</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>6</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Top 5 Losers: </strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>LTP</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Point Change</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>HURJA</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>130.00</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-14</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>HPPL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>186.00</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-20</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>GHL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>96</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-9</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>UMHL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>118</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-11</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>SIFC</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>156</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-13</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Sector Wise Summary: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Sector</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Turnover Values</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Turnover volume</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Total Transaction</strong></p> </td> </tr> <tr> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>Commercial Banks</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>NRs. 43.74 Crores</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>1,083,598</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>3,530</strong></p> </td> </tr> <tr> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Finance</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>NRs. 3.04 Crores</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>111,424</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>342</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p style="text-align: center;"> <strong>Hotels</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>NRs. 3.60 Crores</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>70,943</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>257</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p style="text-align: center;"> <strong>Manufacturing And Processing</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>NRs. 11.10 Crores</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>117,312</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>897</strong></p> </td> </tr> <tr> <td style="width:160px;height:35px;"> <p style="text-align: center;"> <strong>Others</strong></p> </td> <td style="width:160px;height:35px;"> <p style="text-align: center;"> <strong>NRs. 4.79 Crores</strong></p> </td> <td style="width:160px;height:35px;"> <p style="text-align: center;"> <strong>236,583</strong></p> </td> <td style="width:160px;height:35px;"> <p style="text-align: center;"> <strong>685</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>Hydro Power</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>NRs. 24.55 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>1,194,689</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>4,521</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Non Life Insurance</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 6.99 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>52,890</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>399</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Development Banks</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 10.67 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>224,367</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>684</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Mutual Fund</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 0.08 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>118,300</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>50</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Trading</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 0.006 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>138,502</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>59</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <img alt="" src="/app/webroot/userfiles/images/s%284%29.JPG" style="width: 745px; height: 475px;" /></p> <p style="text-align: center;"> <strong>Pic. Showing Sensitive Candle Stick Chart</strong></p> <p> <strong>Analysis: </strong></p> <p> 1. The CMP of 9<sup>th</sup> Jestha is below the Pivot of 12<sup>th</sup> Jestha and the volume is lower than that of last traded volume. Analyzing this we can say that the market now is in stalemate.</p> <p> 2. Observing today’s candle stick pattern, market had average day which seems more like it is “Evening Star”. Observing the candle stick patterns of past days we see the formation of “Dark Cloud Cover”. This suggests an opportunity for the shorts to capitalize on the next day’s open: a warning sign to bullish investors</p> <p> 3. Choppy trend can be observed these days as we can see the candle sticks are hovering in the same range of 1300 to 1320 which is not exactly giving the sign; either the trend is upward or downward.</p> <p> 4. This may be the time for buyers and sellers to have patience because no actual trend is observed. There is a fluctuation in the market which is uncertain. Risk takers can invest in a suitable stock.</p> <p> 5. This week we can observe that the turnover of the market is greater than that of last week this gives us a sign that the buyers and sellers are now active in online trade.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-24', 'modified' => '2019-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '10506', 'image' => '20190524031008_n.JPG', 'article_date' => '2019-05-24 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 11 => array( 'Article' => array( 'id' => '10754', 'article_category_id' => '1', 'title' => 'International Tourism on the Rise: WTO barometer', 'sub_title' => '', 'summary' => 'May 24: International tourism continued to grow over the first quarter of 2019, according to the latest issue of the UNWTO World Tourism Barometer.', 'content' => '<p> May 24: International tourism continued to grow over the first quarter of 2019, according to the latest issue of the UNWTO World Tourism Barometer.</p> <p> The barometer maintained by the World Tourism Organization that monitors global tourism trends states that the average 4 percent increase of tourism worldwide is a “very positive sign” though the growth is at a slower rate when compared with the last two years.</p> <p> The Middle East (8 percent) and Asia and the Pacific (6 percent) experienced the highest increase in international arrivals, according to a statement issued by UNWTO. Numbers in both Europe and Africa were up by 4 percent, and in the Americas growth was recorded at 3 percent.</p> <p> “International tourism continues to perform strongly worldwide fuelled by a positive economy, increased air capacity and visa facilitation,” the statement quoted UNWTO Secretary-General, Zurab Pololikashvili, as saying. “Growth in arrivals is easing slightly after two years of exceptional results, but the sector continues to outpace the global rate of economic growth.”</p> <p> According to UNWTO, Europe – the world’s largest tourism region – reported solid growth (4 percent), led by destinations in Southern and Mediterranean Europe and Central and Eastern Europe (both 5 percent).</p> <p> Growth in Africa was driven by the ongoing recovery in North Africa (11 percent). In the Americas, the Caribbean (17 percent) rebounded strongly after weak results in 2018, following the impact of hurricanes Irma and Maria in late 2017.</p> <p> In Asia and the Pacific, results for the first three months showed a 6 percent increase led by North-East Asia (9 percent) and a very solid performance from the Chinese market.</p> <p> “With this growth comes greater responsibility for translating it into better jobs and better lives,” Pololikashvili stresses. “We need to continue investing in innovation, digital transformation and education so that we can harness the many benefits tourism can bring while at the same time mitigating its impact on the environment and society with a better management of tourism flows.”</p> <p> UNWTO Confidence Index Panel optimistic over future growth</p> <p> Confidence in global tourism has started to pick up again after slowing down at the end of 2018, according to the latest UNWTO Confidence Index survey. The outlook for the May-August 2019 period, the peak season for many destinations in the Northern hemisphere, is more optimistic than in the recent periods and more than half of respondents are expecting a better performance in the coming four months.</p> <p> Experts’ evaluation of tourism performance in the first four months of 2019 was also rather positive and in line with the expectations expressed at the beginning of that period.</p> <p> UNWTO forecasts growth of 3 percent to 4 percent in international tourist arrivals in 2019.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-24', 'modified' => '2019-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '10505', 'image' => '20190524023810_mangal bazar tourist.jpg', 'article_date' => '2019-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '10745', 'article_category_id' => '1', 'title' => 'Fruit Sellers Doing Brisk Business in Nepalgunj with Rise in Temperature', 'sub_title' => '', 'summary' => 'May 24: Nepalgunj is arguably the hottest place in Nepal.', 'content' => '<p> May 24: Nepalgunj is arguably the hottest place in Nepal. With the rise in temperature during summer, the residents of this city adopt different measures to keep themselves cool. Due to the increasing heat, the demand for fruits, fans and refrigerator has also increased. Doctors advise that it is healthy to eat fruits during summer as it gives adequate nutrients to the body.</p> <p> Fruits and juice shops in Nepalgunj seem crowded these days with people eager to quench their thirst with the natural taste of fruits. Cucumbers and watermelons produced across Banke and Bardiya districts are consumed in huge quantity in Nepalgunj.</p> <p> Large number of fruits sellers in stalls as well as footpaths are found doing brisk business at Dhambojhi Chowk, Tribhuvan Chowk, Triveni Mode, Pushpalal Chowk, BP Chowk, Nursing Home, Bheri Hospital among other places of Nepalgunj.</p> <p> Salim Rai, who has been selling watermelons and cucumbers at Dhambhoji Chowk, says he makes as much as Rs 1500 per day by selling fruits.</p> <p> Mohammad Waris, owner of Garib Nawaz Fruit Center at Tribhuvan Chowk, said that the demand for fruits has soared sharply with the rise in temperature. He sells fruits like pomegranate, apples, bananas, grapes, watermelons, papayas, oranges, mangoes etc and earns up to Rs 10,000 per day.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-24', 'modified' => '2019-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '10500', 'image' => '20190524122408_Fruits1.jpg', 'article_date' => '2019-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '10742', 'article_category_id' => '1', 'title' => 'Gautam Buddha Int’l Airport Ready for Emergency Landings', 'sub_title' => '', 'summary' => 'May 23: The three-kilometre runway of Gautam Buddha International Airport (GBIA) in Bhairahawa is ready to use. ', 'content' => '<p> May 23: The three-kilometre runway of Gautam Buddha International Airport (GBIA) in Bhairahawa is ready to use. According to the Civil Aviation Authority of Nepal (CAAN), the runway can assist in emergency landing for large aircraft if needed.</p> <p> CAAN plans to operate the runway for international flights after a little more than six months from mid-February 2020.</p> <p> CAAN confirmed that the newly constructed runway of Gautam International Airport is capable of accommodating large aircraft for emergency landing in case flights get diverted from Tribhuvan International Airport.</p> <p> The authorities are planning to convert the old runway of the airport into a taxi bay.</p> <p> Sanjeev Gautam, managing director of CAAN, informed New Business Age that the contractor is developing other infrastructure including the terminal building, control tower, water tank among others in war-footing. </p> <p> The airport which is being constructed by North West Construction Company of China was scheduled to be completed by January 2017. However, the construction of the airport was delayed by the devastating earthquake of 2015, and the subsequent economic blockade by India, shortage of raw material and dispute between the contractor and sub-contractor. However, the airport is finally getting ready by mid -July 2019.</p> <p> CAAN informed that it plans to complete the technical works at the airport by late January 2020 after completing the construction of physical infrastructure. </p> <p> Until now, ATR-72 aircraft with 72-seat capacity is the biggest plane to land and take off from the airport. According to CAAN, the airport can accommodate bigger jets with 300-seat capacity after the commencement of international flights. </p> <p> The airport was upgraded to the international standard with a budget of Rs 6.22 billion. Out of the total budget, Asian Development Bank (ADB) had contributed 40.5 percent loan and 18 percent grant. OPEC Fund for International Development invested 30.5 percent of the total budget while the investment of Nepal Government was 11 percent of the total expenditure. </p> <p> CAAN said that the airport will serve 16,000 passengers on a daily basis and 6 million passengers annually. </p> <p> </p> ', 'published' => true, 'created' => '2019-05-23', 'modified' => '2019-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '10493', 'image' => '20190523014614_gautam buddha.jpg', 'article_date' => '2019-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '10740', 'article_category_id' => '1', 'title' => 'Entrepreneurs Bearing Brunt of Double Taxation on Black Cardamom ', 'sub_title' => '', 'summary' => 'May 23: Producers and distributors of black cardamom are bearing the brunt of double taxation. ', 'content' => '<p> May 23: Producers and distributors of black cardamom are bearing the brunt of double taxation. They complain that they have to pay export tax in the district where they produce the cash crop in addition to the customs duty from the district from where they export it to India. They also have to pay service charge at two places.</p> <p> Federation of Black Cardamom Entrepreneurs of Nepal Raj Kumar Karki says that the government should have facilitated the export of black cardamom once they pay export duty in the district where the cash crop is produced. He argues that the it is illegal to charge taxes at the local levels by misinterpreting the law. According to Karki, the multiple charges including tax has increased the price of black cardamom.</p> <p> The districts where black cardamom is produced charge the businessmen Rs 10 per kg for exporting the product. Black cardamom is then sent to the districts sharing border with India where it is stored before export. The exporters again have to pay additional Rs 2.26 per kg for sending black cardamom overseas.</p> <p> In addition to that, Birtamod Municipality has been charging Rs 10 per kg of black cardamom as service charge. Again, Mechinagar Municipality charges Rs 1500 to Rs 2000 per truck of black cardamom as service charge.</p> <p> The federation has submitted a 15-point demand to the government seeking its support to end double taxation, construction of store houses, setting up of black cardamom development centre, grant and concessional loans, facilitate trade with Bangladesh among others.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-23', 'modified' => '2019-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '10491', 'image' => '20190523111047_51ySI6HR2IL.jpg', 'article_date' => '2019-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$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' => '10770', 'article_category_id' => '1', 'title' => 'Karnali Province Allocates Rs 3 million for Conservation of Rhododendron Forests', 'sub_title' => '', 'summary' => 'May 27: The provincial government of Karnali has allocated Rs 3 million for the conservation of Gurans Rural Municipality of Dailekh, renowned for its rhododendron forests.', 'content' => '<p> May 27: The provincial government of Karnali has allocated Rs 3 million for the conservation of Gurans Rural Municipality of Dailekh, renowned for its rhododendron forests. As this area falls on the way to Rara, many tourists visiting the scenic lake in Mugu district as well as pilgrims on their way to Mansarovar visit this place for recreation. That is the reason why the provincial government has kept this place in priority and allocated budget.</p> <p> “The provincial government plans to develop this area as a tourist destination,” said Dharma Raj Regmi, a member of the provincial assembly of Karnali.</p> <p> He said that the government has given special attention for the conservation of the rhododendron forests as it would contribute in the development of the region through tourism.</p> <p> The chief of the rural municipality Khemraj Wali said that the local government intends to build a park to attract both domestic as well as international tourists.</p> <p> “Conservation of the forests will contribute in developing tourism in this area,” he added.</p> <p> It is said that this particular forest is a home to five of the 32 species of rhododendrons found in Nepal. The local authorities of Dailekh and Surkhet have pressed for including the issue of conservation of forests in school syllabus.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-27', 'modified' => '2019-05-27', 'keywords' => '', 'description' => '', 'sortorder' => '10521', 'image' => '20190527021639_aaadfff.jpg', 'article_date' => '2019-05-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '10769', 'article_category_id' => '1', 'title' => 'Bayberries Become a Good Source of Income for Locals of Dailekh', 'sub_title' => '', 'summary' => 'May 27: The hills of Dailekh are full of bayberries, locally known as ‘kafal’, this season. ', 'content' => '<p> May 27: The hills of Dailekh are full of bayberries, locally known as ‘kafal’, this season. The berries have become a good source of income for the locals. People of all age group including children and elderly people can be seen with baskets full of berries picked from the jungle. Some are busy selling the berries along the streets while some are busy plucking the berries in the forests. </p> <p> The locals are fully occupied in this temporary business. A vendor told New Business Age that she earns between Rs 2000 to Rs 3000 per day be selling the berries. A cup of berries are sold for Rs 50. </p> <p> During this season, the berries are found abundantly in the forests while it has good demand in the market. So far, no one has started commercial farming of this fruit since it is found in plenty in the forests. This type of berry grows in high hills and the mountainous region of the country. The bark of the ‘kafal’ tree is used for medicinal purpose.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-27', 'modified' => '2019-05-27', 'keywords' => '', 'description' => '', 'sortorder' => '10520', 'image' => '20190527015909_kapal -2.jpg', 'article_date' => '2019-05-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '10768', 'article_category_id' => '1', 'title' => 'Experts Suggest Imposing Tax on Agricultural Sector', 'sub_title' => '', 'summary' => 'May 27: With just one week left for the budget announcement, experts have suggested the government to raise tax from the agriculture sector as well.', 'content' => '<p> May 27: With just one week left for the budget announcement, experts have suggested the government to raise tax from the agriculture sector as well. They argued that the developed countries have been imposing tax on agriculture while Nepal, being an agricultural country, hasn’t brought this sector under the purview of tax.</p> <p> Economist Keshav Acharya says excluding the agricultural sector from the ambit of tax is not a good idea. He told New Business Age that the government should consider taxation on this sector provided that it is able to reduce the cost of production. He also suggested the government not to ignore the agricultural sector.</p> <p> Former Finance Secretary Rameshwar Khanal says that the local governments can impose tax on agricultural sector right away. He says it is possible for the government to earn good revenue from this sector if it can transform the traditional farming system into commercial farming.</p> <p> Likewise, another economist Dr Chandra Mani Adhikari says that the commercial farmers can be brought under the ambit of tax. He, however, said that the government must first ensure that there is an increase in production before imposing tax.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-27', 'modified' => '2019-05-27', 'keywords' => '', 'description' => '', 'sortorder' => '10519', 'image' => '20190527010000_Makai.jpg', 'article_date' => '2019-05-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '10766', 'article_category_id' => '1', 'title' => 'Date-Expired Goods being sold in Pyuthan', 'sub_title' => '', 'summary' => 'May 27: A market monitoring team in Pyuthan has found rampant sale of date-expired food in the district.', 'content' => '<p> May 27: A market monitoring team in Pyuthan has found rampant sale of date-expired food in the district.</p> <p> A recent inspection carried out jointly by the Tulsipur office of the Department of Food Technology and Quality Control (DFTQC); Consumers’ Welfare and Protection Committee, Bhairahawa; and local government of Pyuthan revealed the fact.</p> <p> Prem Bahadur Thapa, coordinator of the monitoring team, told New Business Age that such expired goods were found in the district headquarters, Khalanga as well as other business hubs such as Bagdula, Bijubazar, and Jumri. According to him, the expired goods including soft drinks, biscuits, spices, chips have been destroyed while fruit juice with near-expiry dates have been returned to the dealers.</p> <p> The monitoring team also found that most of the shops were not registered, did not have price list displayed and were selling adulterated food. Thapa further informed that most of the goods did not have labeling while locally-made goods were being sold in bottles of other brands.</p> <p> The team also found that a number of shops were selling tobacco and alcoholic drinks without license. Bibek Kumar Subedi, a technician at the DFTQC said that the owners of those shops were told to register their shops and run them in accordance to the law.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-27', 'modified' => '2019-05-27', 'keywords' => '', 'description' => '', 'sortorder' => '10517', 'image' => '20190527121501_aaaa.jpg', 'article_date' => '2019-05-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '10765', 'article_category_id' => '1', 'title' => 'Market Watch of May 26 (Sunday) ', 'sub_title' => '', 'summary' => 'time for reversal trend. ', 'content' => '<p> <strong>Current Price (CMP): 1302.61</strong></p> <p> <strong>OHLC Update of 12<sup>th</sup> Jestha:</strong></p> <p style="margin-left: 40px;"> O: 1314.55<br /> H: 1317.86<br /> L: 1301.32<br /> C: 1302.61</p> <p> <strong>Pivot for 13<sup>th</sup> Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0" style="width:632px;" width="632"> <tbody> <tr> <td style="width:79px;height:34px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;height:34px;"> <p style="text-align: center;"> <strong>1,280.13</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,290.72</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,296.67</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,307.26</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,313.21</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,323.8</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,329.75</strong></p> </td> </tr> </tbody> </table> <div style="clear:both;"> </div> <p> </p> <p> <strong>Pivot for the 3<sup>rd</sup> Week of Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:84px;height:28px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:84px;height:37px;"> <p style="text-align: center;"> <strong>1,285.15</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,294.87</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,304.71</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,314.43</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,324.27</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,333.99</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,343.83</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Pivot for Month of Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:79px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;"> <p style="text-align: center;"> <strong>1,082.82</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,132.34</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,223.9</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,273.42</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,364.98</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,414.5</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,506.06</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Turnover Update:</strong></p> <p style="margin-left: 40px;"> On Month of Baisakh: 1,803.05 Crores<br /> Volume of this week (29<sup>th</sup> Baisakh – 2<sup>nd</sup> Jestha): NRs. 494.93 Crores<br /> Volume of 2<sup>nd</sup> Week of Jestha: NRs. 502.44 Crores<br /> 9<sup>th</sup> Jestha: Nrs. 93.26 Crores<br /> 12<sup>th</sup> Jestha: Nrs. 62.62 Crores</p> <p> <strong>Commentary:</strong></p> <p> 1. Today market is negative, market remained positive for half an hour in the first hour of the day and then it remained negative till the closing. Along with the market other sub indices are also negative. NEPSE Market has lost 0.91% likewise Sensitive also lost 1.01%.</p> <p> 2. The volume today has dropped in comparison to that of last traded volume. </p> <p> 3. All the Sub-indices are negative. The noticeable change on the Sub- Indices is negative change of Hotels by 1.49% and Others by 1.53%. </p> <p> 4. The CMP of 12<sup>th</sup> Jestha is below the pivot of 13<sup>th</sup> Jestha and the weekly pivot but higher than that of the monthly pivot.</p> <p> 5. Comparing NEPSE Market and Sensitive we can see same kind of fluctuation on both of the market. Though Sensitive Market lost more points than NEPSE Market.</p> <p> </p> <p> <strong>Top 5 Scrips by turnovers:</strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>Turnover</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Closing Price</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>NBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 4.85 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>336</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>SHIVM</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 4.75 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>560</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>UPPER</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 3.74 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>275</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>HDL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 2.54 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>1,666</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>ADBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 2.15 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>425</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Top 5 Gainers: </strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>LTP</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Point Change</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>GILB</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>1,376</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>125</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>NMBMF</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>1,164</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>92</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>UIC</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>998</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>33</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>HURJA</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>134</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>4</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>MHNL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>102</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>3</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Top 5 Losers: </strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>LTP</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Point Change</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>JOSHI</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>111</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-12</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>HDL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>1,666</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-143</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>RADHI</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>164</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-12</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>AKPL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>192</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-13</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>MPFL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>224</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-15 </strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Sector Wise Summary: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:160px;height:33px;"> <p style="text-align: center;"> <strong>Sector</strong></p> </td> <td style="width:160px;height:33px;"> <p style="text-align: center;"> <strong>Turnover Values</strong></p> </td> <td style="width:160px;height:33px;"> <p style="text-align: center;"> <strong>Turnover volume</strong></p> </td> <td style="width:160px;height:33px;"> <p style="text-align: center;"> <strong>Total Transaction</strong></p> </td> </tr> <tr> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>Commercial Banks</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>NRs. 26.71 Crores</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>896,994</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>2,724</strong></p> </td> </tr> <tr> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Finance</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>NRs. 1.17 Crores</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>80,571</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>321</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p style="text-align: center;"> <strong>Hotels</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>NRs. 0.88 Crores</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>18,536</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>87</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p style="text-align: center;"> <strong>Manufacturing And Processing</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>NRs. 7.29 Crores</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>98,774</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>789</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>Others</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>NRs. 1.98 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>70,098</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>210</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>Hydro Power</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>NRs. 7.73 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>363,432</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>2,858</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Non Life Insurance</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 4.48 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>51,156</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>502</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Development Banks</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 4.83 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>262,073</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>642</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Mutual Fund</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 0.09 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>101,630</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>53</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Promoter Share</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 1.45 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>34,496</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>65</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <img alt="" src="/app/webroot/userfiles/images/s%286%29.JPG" style="width: 745px; height: 475px;" /></p> <p style="text-align: center;"> <strong>Pic. Showing Sensitive Candle Stick Chart</strong></p> <p> <strong>Analysis: </strong></p> <p> 1. The CMP of 12<sup>th</sup> Jestha is below the Pivot of 13<sup>th</sup> Jestha and the volume is lower than that of last traded volume. Analyzing this we can say that the market seems in bearish trend.</p> <p> 2. Observing the candle stick patterns of past days we see the formation of “Three Outside Down” but still this is not definite as there is no formation of engulfing pattern. The mentioned trend shows that the market might be in reversal trend now.</p> <p> 3. Choppy trend can be observed these days as we can see the candle sticks are hovering in the same range of 1300 to 1320 which is not exactly giving the sign; either the trend is upward or downward.</p> <p> 4. This may be the time for buyers and sellers to have patience because no actual trend is observed. There is a fluctuation in the market which is uncertain. Risk takers can invest in a suitable stock.</p> <p> 5. As per previous trends we have been observing that the opening day and closing day of the week are always in pressure and there is no certainty about the market. So market traders need not panic.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10516', 'image' => '20190526043302_n.JPG', 'article_date' => '2019-05-26 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '22' ) ), (int) 5 => array( 'Article' => array( 'id' => '10764', 'article_category_id' => '1', 'title' => 'Yarsa Collectors Flock to Dolpa as Season Begins', 'sub_title' => '', 'summary' => 'May 26: With the arrival of the season for collecting Yarsagumba in Dolpa district, the authorities have started charging entry fee for the locals who are eager to collect the prized medicinal herb known for its purported aphrosidsiac proterties. ', 'content' => '<p> May 26: With the arrival of the season for collecting Yarsagumba in Dolpa district, the authorities have started charging entry fee for the locals who are eager to collect the prized medicinal herb known for its purported aphrosidsiac proterties. </p> <p> The authorities will allow the locals as well as other enthusiasts to collect the herb in the pastures of the highlands from Monday, May 27. Shey-Phoksundo National Park has already started collecting the entry fee from Friday. The national park allows the locals to enter the area only after verifying their documents mentioning their local address. The national park charges the people of the immediate locality Rs 500 as entry fee while others from the same district are charged Rs 2000. Meanwhile, those coming from other districts are charged Rs 3000 per person.The national park has also set a deposit of Rs 30,000 for the collectors, which will remain valid for a month from May 24.</p> <p> The national park has decided to open all the pastures from Monday but the collectors should arrive a day before the season begins. Altogether 15 entry points have been set from where the national park collects entry fees and deposits, according to Chhatra Khadka, information officer of Shey-Phoksundo National Park.</p> <p> Collectors from neighbouring districts like Jumla, Rukum, Jajarkot among others have also arrived at Dolpa.</p> <p> The national park has adopt strict measures against smuggling of Yarsagumba. As of Saturday afternoon, 1,800 persons have been granted permission to collect Yarsagumba. The national park has collected Rs 5.1 million so far from entry fee.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10515', 'image' => '20190526040103_2.jpg', 'article_date' => '2019-05-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '10760', 'article_category_id' => '1', 'title' => 'Central Bank Encourages E-Payment', 'sub_title' => 'Restricts cash withdrawal through credit card to 10 percent', 'summary' => 'May 26: Nepal Rastra Bank (NRB) has issued a new circular to encourage e-payment transaction in the country.', 'content' => '<p> May 26: Nepal Rastra Bank (NRB) has issued a new circular to encourage e-payment transaction in the country. According to the new provision of the central bank, credit card holders can now withdraw only 10 percent cash from their credit limit. Analysts say this provision encourages credit card holders to carry out cashless transaction.</p> <p> The new directive issued by the central bank’s Payment System Department on Friday, May 24, discourages cash transaction by credit card holders in normal condition. The bank earlier on July 15, 2018 had restricted cash withdrawal from credit cards to 25 percent of the total credit limit.</p> <p> According to the bank, it took the measure to significantly reduce cash withdrawal after finding that the credit card users were withdrawing cash massively. The new directive states that the card holders should withdraw 10 percent cash from the credit limit only during emergencies.</p> <p> Prepaid card doesn’t have such limitations. At present, debit card users are allowed to withdraw cash from Rs 500 to Rs 25,000 at a time. </p> <p> The central bank has made it mandatory to make cash withdrawal from credit cards available even if the issuer and acquirer are from different institutions and that the charges levied for the transaction service should be made public.</p> <p> Likewise, the new directive of Nepal Rastra Bank has also notified that pin numbers are not required for the customers in transactions up to Rs 2000 at a time through Near Field Communication Technology (NFCT) card issued by the banks and financial institutions (BFIs). BFIs themselves should manage the risks and transaction number, states the directive.</p> <p> Likewise, customers can make a maximum payment of up to 50,000 daily through mobile banking. But in cases where there are no billing system or transaction details available, customers can deposit or withdraw amount worth only Rs 100,000 per month through mobile banking.</p> <p> <img alt="" src="/app/webroot/userfiles/images/Clipboard01%2815%29.jpg" style="width: 600px; height: 450px;" /></p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10511', 'image' => '20190526024929_NRB Facebook.jpg', 'article_date' => '2019-05-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '10759', 'article_category_id' => '1', 'title' => 'Nepal’s Import Stands at Staggering Rs 1.1 trillion', 'sub_title' => '', 'summary' => 'May 26: The import of goods to Nepal in the first 10 months of the current fiscal year stood at a staggering Rs 1.1 trillion while the export remained merely Rs 78 billion.', 'content' => '<p> May 26: The import of goods to Nepal in the first 10 months of the current fiscal year stood at a staggering Rs 1.1 trillion while the export remained merely Rs 78 billion.</p> <p> According to a report released by the Department of Customs on Friday, May 24, the country imported the highest value of goods from India worth Rs 761 billion during the review period while it exported goods worth Rs 50 billion to the southern neighbour.</p> <p> Likewise, goods worth Rs 17.8 billion were exported to China while Nepal imported goods worth Rs 169 from the northern neighbour. </p> <p> According to the report, petroleum products, vehicles and iron were the major import of Nepal.</p> <p> During the review period, Nepal imported petroleum products worth Rs 261.09 billion and iron and steel products worth Rs 119.8 billion.</p> <p> Likewise, the country imported machineries and equipment worth Rs 155 billion, vehicles worth Rs 77 billion, electric appliances of Rs 72.8 billion, consumable goods of Rs 44 billion, vegetables of Rs 24 billion and fruits of Rs 15.4 billion. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10510', 'image' => '20190526022115_aaaa.jpg', 'article_date' => '2019-05-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '10757', 'article_category_id' => '1', 'title' => 'Extraction of Precious Stones Likely to Resume', 'sub_title' => '', 'summary' => 'May 26: The announcement of processing and exporting of precious stones in the policies and programmes of the government has raised hope of reopening of the mines that have remained closed since four years.', 'content' => '<p> May 26: The announcement of processing and exporting of vprecious stones in the policies and programmes of the government has raised hope of reopening of the mines that have remained closed since four years.</p> <p> The ban on export of precious stones by the government has in July 2014 had resulted in the closure of 29 companies that had been supplying stones overseas. The government had imposed the ban arguing that the stones worth millions were sold at scrap value.</p> <p> The government’s policies and prorammes for the upcoming fiscal year has announced feasibility study for extracting valuables from mines in different parts of the country. The government has stated it will study the possibility of extraction of iron from Dhaubadi of Nawalparasi, valuable gems and copper from Jajarkot, petroleum from Dailekh, iron from Parbat and Tanahun and Uranium from Mustang.</p> <p> The government plans to process the precious stones by setting up a refinery and intends to export them.</p> <p> Altogether 29 companies had been extracting kainite, tourmaline and quartz in Nepal before the government imposed a ban in 2014. Kainite is classified as a very valuable stone while tourmaline is a valuable stone and quartz a normal stone. So far, 18 companies have renewed their license to extract the stones while only one company has been running a mine.</p> <p> A mining company in Jajarkot and Dailekh had extracted 7 kilograms of kainite last year. The stones were utilized by the domestic diamond industry, according to Ramesh Maharjan, chairman of Nepal Gold- Silver and Jewellery Association.</p> <p> Before the ban was imposed, Nepal had produced 698 kg of tourmaline, 1,187 kg of kainite and 4256 kg of quartz. The same year, the government had collected revenue of Rs 2.1 million from tourmaline, Rs 4,000 from kainite and Rs 86,000 from quartz. In the next fiscal year, the government increased the tax on tourmaline and quartz five times while that of kainite was increased 500 folds. Unable to pay the tax, the companies collapsed.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10508', 'image' => '20190526013538_aaaadsfjkjkj.jpg', 'article_date' => '2019-05-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '10756', 'article_category_id' => '1', 'title' => 'Chinese Investment Uncertain due to Lack of Clear Policies', 'sub_title' => '', 'summary' => 'May 24: Chinese investment in hydropower sector of Nepal has been uncertain in the absence of clear policies regarding security of foreign investment.', 'content' => '<p> May 24: Chinese investment in hydropower sector of Nepal has been uncertain in the absence of clear policies regarding security of foreign investment.</p> <p> The failure in implementation of Chinese investment proposals worth Rs 36 billion in the last fiscal year resulted in not a single commitment from the northern neighbor this year (FY 2018/19).</p> <p> Altogether 12 hydropower projects are under-construction with Chinese investment or in agreement with Chinese investors. Those projects which have a target to produce 1368 megawatts of electricity require investment of Rs 286.82 billion.</p> <p> In recent years, Nepal has received more investment commitment from China than any other countries. According to the Department of Industry, China started proposing for investment in the energy sector of Nepal since FY 1998/99. FY 17/18 saw the highest amount of proposals worth Rs 36.5 billion from China.</p> <p> However, this FY Nepal has not received any investment proposal from China, according to the Department. The lack of interest by Chinese investors has been attributed to the failure to implement the investment proposals of last FY.</p> <p> President of Independent Power Producers' Association Nepal (IPPAN), Shailendra Guragain said that if the foreign investments are not secured, Chinese investment will also likely stop just like the Indian commitment. He explained that lots of Indian came to Nepal for investing in hydropower projects12 years ago. However, they returned disappointed after figuring out that their investment won’t be secure here.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-24', 'modified' => '2019-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '10507', 'image' => '20190524041447_Clipboard04-8.jpg', 'article_date' => '2019-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '10755', 'article_category_id' => '1', 'title' => 'Market Watch of May 23 (Thursday)', 'sub_title' => '', 'summary' => 'choppy trend, time to have some patience. ', 'content' => '<p style="text-align: center;"> <strong>Pic. Showing NEPSE Candle Stick Chart</strong></p> <p> <strong>Current Price (CMP): 1314.55</strong></p> <p> <strong>OHLC Update of 9<sup>th</sup> Jestha:</strong></p> <p style="margin-left: 40px;"> O: 1319.63<br /> H: 1324.15<br /> L: 1309.12<br /> C: 1314.55</p> <p> <strong>Pivot for 12<sup>th</sup> Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0" style="width:632px;" width="632"> <tbody> <tr> <td style="width:79px;height:34px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;height:34px;"> <p style="text-align: center;"> <strong>1,292.7</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,300.91</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,307.73</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,315.94</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,322.76</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,330.97</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,337.79</strong></p> </td> </tr> </tbody> </table> <div style="clear:both;"> </div> <p> <strong>OHLC Update of 2<sup>nd</sup> Week of Jestha:</strong></p> <p style="margin-left: 40px;"> O: 1318.71<br /> H: 1324.15<br /> L: 1304.59<br /> C: 1314.55</p> <p> <strong>Pivot for the 3<sup>rd</sup> Week of Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:84px;height:28px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:84px;height:37px;"> <p style="text-align: center;"> <strong>1,285.15</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,294.87</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,304.71</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,314.43</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,324.27</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,333.99</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,343.83</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Pivot for Month of Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:79px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;"> <p style="text-align: center;"> <strong>1,082.82</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,132.34</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,223.9</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,273.42</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,364.98</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,414.5</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,506.06</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Turnover Update:</strong></p> <p> On Month of Baisakh: 1,803.05 Crores<br /> Volume of this week (29<sup>th</sup> Baisakh – 2<sup>nd</sup> Jestha): NRs. 494.93 Crores<br /> Volume of 2<sup>nd</sup> Week of Jestha: NRs. 502.44 Crores<br /> 8<sup>th</sup> Jestha: Nrs. 96.66 Crores<br /> 9<sup>th</sup> Jestha: Nrs. 93.26 Crores</p> <p> <strong>Commentary:</strong></p> <p> 1. Today market is negative during the closing of the week. Along with the market other sub indices are also negative. NEPSE Market has lost 0.39% likewise Sensitive also lost 0.32%.</p> <p> 2. The volume today has dropped in comparison to that of yesterday but this is not the lowest volume of this week. Volume this week is greater in comparison to that of last week. </p> <p> 3. Out of 12 Sub-indices 5 of them are positive. The noticeable change on the Sub- Indices is negative change of Hydropower by 4.82% .</p> <p> 4. The CMP of 9<sup>th</sup> Jestha is below the pivot of 12<sup>th</sup> Jestha and slightly above the weekly pivot whereas the monthly pivot is in range of 1270.</p> <p> 6. Comparing NEPSE Market and Sensitive we can see that the NEPSE Market has more fluctuation than the Sensitive. Today NEPSE market made high during the first hour and made the low at third hour.</p> <p> </p> <p> <strong>Top 5 Scrips by turnovers:</strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>Turnover</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Closing Price</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>UPPER</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 15.59 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>287</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>HDL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 7.03 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>1,809.00</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>NBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 6.14 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>340</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>ADBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 4.10 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>431</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>SHIVM</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 3.97 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>547</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Top 5 Gainers: </strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>LTP</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Point Change</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>NMBMF</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>1,072.00</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>97</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>MPFL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>239.00</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>21</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>CLBSL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>575</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>27</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>SMFDB</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>570</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>19</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>KADBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>181</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>6</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Top 5 Losers: </strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>LTP</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Point Change</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>HURJA</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>130.00</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-14</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>HPPL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>186.00</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-20</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>GHL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>96</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-9</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>UMHL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>118</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-11</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>SIFC</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>156</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-13</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Sector Wise Summary: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Sector</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Turnover Values</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Turnover volume</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Total Transaction</strong></p> </td> </tr> <tr> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>Commercial Banks</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>NRs. 43.74 Crores</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>1,083,598</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>3,530</strong></p> </td> </tr> <tr> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Finance</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>NRs. 3.04 Crores</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>111,424</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>342</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p style="text-align: center;"> <strong>Hotels</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>NRs. 3.60 Crores</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>70,943</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>257</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p style="text-align: center;"> <strong>Manufacturing And Processing</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>NRs. 11.10 Crores</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>117,312</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>897</strong></p> </td> </tr> <tr> <td style="width:160px;height:35px;"> <p style="text-align: center;"> <strong>Others</strong></p> </td> <td style="width:160px;height:35px;"> <p style="text-align: center;"> <strong>NRs. 4.79 Crores</strong></p> </td> <td style="width:160px;height:35px;"> <p style="text-align: center;"> <strong>236,583</strong></p> </td> <td style="width:160px;height:35px;"> <p style="text-align: center;"> <strong>685</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>Hydro Power</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>NRs. 24.55 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>1,194,689</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>4,521</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Non Life Insurance</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 6.99 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>52,890</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>399</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Development Banks</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 10.67 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>224,367</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>684</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Mutual Fund</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 0.08 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>118,300</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>50</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Trading</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 0.006 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>138,502</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>59</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <img alt="" src="/app/webroot/userfiles/images/s%284%29.JPG" style="width: 745px; height: 475px;" /></p> <p style="text-align: center;"> <strong>Pic. Showing Sensitive Candle Stick Chart</strong></p> <p> <strong>Analysis: </strong></p> <p> 1. The CMP of 9<sup>th</sup> Jestha is below the Pivot of 12<sup>th</sup> Jestha and the volume is lower than that of last traded volume. Analyzing this we can say that the market now is in stalemate.</p> <p> 2. Observing today’s candle stick pattern, market had average day which seems more like it is “Evening Star”. Observing the candle stick patterns of past days we see the formation of “Dark Cloud Cover”. This suggests an opportunity for the shorts to capitalize on the next day’s open: a warning sign to bullish investors</p> <p> 3. Choppy trend can be observed these days as we can see the candle sticks are hovering in the same range of 1300 to 1320 which is not exactly giving the sign; either the trend is upward or downward.</p> <p> 4. This may be the time for buyers and sellers to have patience because no actual trend is observed. There is a fluctuation in the market which is uncertain. Risk takers can invest in a suitable stock.</p> <p> 5. This week we can observe that the turnover of the market is greater than that of last week this gives us a sign that the buyers and sellers are now active in online trade.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-24', 'modified' => '2019-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '10506', 'image' => '20190524031008_n.JPG', 'article_date' => '2019-05-24 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 11 => array( 'Article' => array( 'id' => '10754', 'article_category_id' => '1', 'title' => 'International Tourism on the Rise: WTO barometer', 'sub_title' => '', 'summary' => 'May 24: International tourism continued to grow over the first quarter of 2019, according to the latest issue of the UNWTO World Tourism Barometer.', 'content' => '<p> May 24: International tourism continued to grow over the first quarter of 2019, according to the latest issue of the UNWTO World Tourism Barometer.</p> <p> The barometer maintained by the World Tourism Organization that monitors global tourism trends states that the average 4 percent increase of tourism worldwide is a “very positive sign” though the growth is at a slower rate when compared with the last two years.</p> <p> The Middle East (8 percent) and Asia and the Pacific (6 percent) experienced the highest increase in international arrivals, according to a statement issued by UNWTO. Numbers in both Europe and Africa were up by 4 percent, and in the Americas growth was recorded at 3 percent.</p> <p> “International tourism continues to perform strongly worldwide fuelled by a positive economy, increased air capacity and visa facilitation,” the statement quoted UNWTO Secretary-General, Zurab Pololikashvili, as saying. “Growth in arrivals is easing slightly after two years of exceptional results, but the sector continues to outpace the global rate of economic growth.”</p> <p> According to UNWTO, Europe – the world’s largest tourism region – reported solid growth (4 percent), led by destinations in Southern and Mediterranean Europe and Central and Eastern Europe (both 5 percent).</p> <p> Growth in Africa was driven by the ongoing recovery in North Africa (11 percent). In the Americas, the Caribbean (17 percent) rebounded strongly after weak results in 2018, following the impact of hurricanes Irma and Maria in late 2017.</p> <p> In Asia and the Pacific, results for the first three months showed a 6 percent increase led by North-East Asia (9 percent) and a very solid performance from the Chinese market.</p> <p> “With this growth comes greater responsibility for translating it into better jobs and better lives,” Pololikashvili stresses. “We need to continue investing in innovation, digital transformation and education so that we can harness the many benefits tourism can bring while at the same time mitigating its impact on the environment and society with a better management of tourism flows.”</p> <p> UNWTO Confidence Index Panel optimistic over future growth</p> <p> Confidence in global tourism has started to pick up again after slowing down at the end of 2018, according to the latest UNWTO Confidence Index survey. The outlook for the May-August 2019 period, the peak season for many destinations in the Northern hemisphere, is more optimistic than in the recent periods and more than half of respondents are expecting a better performance in the coming four months.</p> <p> Experts’ evaluation of tourism performance in the first four months of 2019 was also rather positive and in line with the expectations expressed at the beginning of that period.</p> <p> UNWTO forecasts growth of 3 percent to 4 percent in international tourist arrivals in 2019.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-24', 'modified' => '2019-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '10505', 'image' => '20190524023810_mangal bazar tourist.jpg', 'article_date' => '2019-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '10745', 'article_category_id' => '1', 'title' => 'Fruit Sellers Doing Brisk Business in Nepalgunj with Rise in Temperature', 'sub_title' => '', 'summary' => 'May 24: Nepalgunj is arguably the hottest place in Nepal.', 'content' => '<p> May 24: Nepalgunj is arguably the hottest place in Nepal. With the rise in temperature during summer, the residents of this city adopt different measures to keep themselves cool. Due to the increasing heat, the demand for fruits, fans and refrigerator has also increased. Doctors advise that it is healthy to eat fruits during summer as it gives adequate nutrients to the body.</p> <p> Fruits and juice shops in Nepalgunj seem crowded these days with people eager to quench their thirst with the natural taste of fruits. Cucumbers and watermelons produced across Banke and Bardiya districts are consumed in huge quantity in Nepalgunj.</p> <p> Large number of fruits sellers in stalls as well as footpaths are found doing brisk business at Dhambojhi Chowk, Tribhuvan Chowk, Triveni Mode, Pushpalal Chowk, BP Chowk, Nursing Home, Bheri Hospital among other places of Nepalgunj.</p> <p> Salim Rai, who has been selling watermelons and cucumbers at Dhambhoji Chowk, says he makes as much as Rs 1500 per day by selling fruits.</p> <p> Mohammad Waris, owner of Garib Nawaz Fruit Center at Tribhuvan Chowk, said that the demand for fruits has soared sharply with the rise in temperature. He sells fruits like pomegranate, apples, bananas, grapes, watermelons, papayas, oranges, mangoes etc and earns up to Rs 10,000 per day.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-24', 'modified' => '2019-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '10500', 'image' => '20190524122408_Fruits1.jpg', 'article_date' => '2019-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '10742', 'article_category_id' => '1', 'title' => 'Gautam Buddha Int’l Airport Ready for Emergency Landings', 'sub_title' => '', 'summary' => 'May 23: The three-kilometre runway of Gautam Buddha International Airport (GBIA) in Bhairahawa is ready to use. ', 'content' => '<p> May 23: The three-kilometre runway of Gautam Buddha International Airport (GBIA) in Bhairahawa is ready to use. According to the Civil Aviation Authority of Nepal (CAAN), the runway can assist in emergency landing for large aircraft if needed.</p> <p> CAAN plans to operate the runway for international flights after a little more than six months from mid-February 2020.</p> <p> CAAN confirmed that the newly constructed runway of Gautam International Airport is capable of accommodating large aircraft for emergency landing in case flights get diverted from Tribhuvan International Airport.</p> <p> The authorities are planning to convert the old runway of the airport into a taxi bay.</p> <p> Sanjeev Gautam, managing director of CAAN, informed New Business Age that the contractor is developing other infrastructure including the terminal building, control tower, water tank among others in war-footing. </p> <p> The airport which is being constructed by North West Construction Company of China was scheduled to be completed by January 2017. However, the construction of the airport was delayed by the devastating earthquake of 2015, and the subsequent economic blockade by India, shortage of raw material and dispute between the contractor and sub-contractor. However, the airport is finally getting ready by mid -July 2019.</p> <p> CAAN informed that it plans to complete the technical works at the airport by late January 2020 after completing the construction of physical infrastructure. </p> <p> Until now, ATR-72 aircraft with 72-seat capacity is the biggest plane to land and take off from the airport. According to CAAN, the airport can accommodate bigger jets with 300-seat capacity after the commencement of international flights. </p> <p> The airport was upgraded to the international standard with a budget of Rs 6.22 billion. Out of the total budget, Asian Development Bank (ADB) had contributed 40.5 percent loan and 18 percent grant. OPEC Fund for International Development invested 30.5 percent of the total budget while the investment of Nepal Government was 11 percent of the total expenditure. </p> <p> CAAN said that the airport will serve 16,000 passengers on a daily basis and 6 million passengers annually. </p> <p> </p> ', 'published' => true, 'created' => '2019-05-23', 'modified' => '2019-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '10493', 'image' => '20190523014614_gautam buddha.jpg', 'article_date' => '2019-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '10740', 'article_category_id' => '1', 'title' => 'Entrepreneurs Bearing Brunt of Double Taxation on Black Cardamom ', 'sub_title' => '', 'summary' => 'May 23: Producers and distributors of black cardamom are bearing the brunt of double taxation. ', 'content' => '<p> May 23: Producers and distributors of black cardamom are bearing the brunt of double taxation. They complain that they have to pay export tax in the district where they produce the cash crop in addition to the customs duty from the district from where they export it to India. They also have to pay service charge at two places.</p> <p> Federation of Black Cardamom Entrepreneurs of Nepal Raj Kumar Karki says that the government should have facilitated the export of black cardamom once they pay export duty in the district where the cash crop is produced. He argues that the it is illegal to charge taxes at the local levels by misinterpreting the law. According to Karki, the multiple charges including tax has increased the price of black cardamom.</p> <p> The districts where black cardamom is produced charge the businessmen Rs 10 per kg for exporting the product. Black cardamom is then sent to the districts sharing border with India where it is stored before export. The exporters again have to pay additional Rs 2.26 per kg for sending black cardamom overseas.</p> <p> In addition to that, Birtamod Municipality has been charging Rs 10 per kg of black cardamom as service charge. Again, Mechinagar Municipality charges Rs 1500 to Rs 2000 per truck of black cardamom as service charge.</p> <p> The federation has submitted a 15-point demand to the government seeking its support to end double taxation, construction of store houses, setting up of black cardamom development centre, grant and concessional loans, facilitate trade with Bangladesh among others.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-23', 'modified' => '2019-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '10491', 'image' => '20190523111047_51ySI6HR2IL.jpg', 'article_date' => '2019-05-23 00:00:00', '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
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As this area falls on the way to Rara, many tourists visiting the scenic lake in Mugu district as well as pilgrims on their way to Mansarovar visit this place for recreation. That is the reason why the provincial government has kept this place in priority and allocated budget.</p> <p> “The provincial government plans to develop this area as a tourist destination,” said Dharma Raj Regmi, a member of the provincial assembly of Karnali.</p> <p> He said that the government has given special attention for the conservation of the rhododendron forests as it would contribute in the development of the region through tourism.</p> <p> The chief of the rural municipality Khemraj Wali said that the local government intends to build a park to attract both domestic as well as international tourists.</p> <p> “Conservation of the forests will contribute in developing tourism in this area,” he added.</p> <p> It is said that this particular forest is a home to five of the 32 species of rhododendrons found in Nepal. The local authorities of Dailekh and Surkhet have pressed for including the issue of conservation of forests in school syllabus.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-27', 'modified' => '2019-05-27', 'keywords' => '', 'description' => '', 'sortorder' => '10521', 'image' => '20190527021639_aaadfff.jpg', 'article_date' => '2019-05-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '10769', 'article_category_id' => '1', 'title' => 'Bayberries Become a Good Source of Income for Locals of Dailekh', 'sub_title' => '', 'summary' => 'May 27: The hills of Dailekh are full of bayberries, locally known as ‘kafal’, this season. ', 'content' => '<p> May 27: The hills of Dailekh are full of bayberries, locally known as ‘kafal’, this season. The berries have become a good source of income for the locals. People of all age group including children and elderly people can be seen with baskets full of berries picked from the jungle. Some are busy selling the berries along the streets while some are busy plucking the berries in the forests. </p> <p> The locals are fully occupied in this temporary business. A vendor told New Business Age that she earns between Rs 2000 to Rs 3000 per day be selling the berries. A cup of berries are sold for Rs 50. </p> <p> During this season, the berries are found abundantly in the forests while it has good demand in the market. So far, no one has started commercial farming of this fruit since it is found in plenty in the forests. This type of berry grows in high hills and the mountainous region of the country. The bark of the ‘kafal’ tree is used for medicinal purpose.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-27', 'modified' => '2019-05-27', 'keywords' => '', 'description' => '', 'sortorder' => '10520', 'image' => '20190527015909_kapal -2.jpg', 'article_date' => '2019-05-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '10768', 'article_category_id' => '1', 'title' => 'Experts Suggest Imposing Tax on Agricultural Sector', 'sub_title' => '', 'summary' => 'May 27: With just one week left for the budget announcement, experts have suggested the government to raise tax from the agriculture sector as well.', 'content' => '<p> May 27: With just one week left for the budget announcement, experts have suggested the government to raise tax from the agriculture sector as well. They argued that the developed countries have been imposing tax on agriculture while Nepal, being an agricultural country, hasn’t brought this sector under the purview of tax.</p> <p> Economist Keshav Acharya says excluding the agricultural sector from the ambit of tax is not a good idea. He told New Business Age that the government should consider taxation on this sector provided that it is able to reduce the cost of production. He also suggested the government not to ignore the agricultural sector.</p> <p> Former Finance Secretary Rameshwar Khanal says that the local governments can impose tax on agricultural sector right away. He says it is possible for the government to earn good revenue from this sector if it can transform the traditional farming system into commercial farming.</p> <p> Likewise, another economist Dr Chandra Mani Adhikari says that the commercial farmers can be brought under the ambit of tax. He, however, said that the government must first ensure that there is an increase in production before imposing tax.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-27', 'modified' => '2019-05-27', 'keywords' => '', 'description' => '', 'sortorder' => '10519', 'image' => '20190527010000_Makai.jpg', 'article_date' => '2019-05-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '10766', 'article_category_id' => '1', 'title' => 'Date-Expired Goods being sold in Pyuthan', 'sub_title' => '', 'summary' => 'May 27: A market monitoring team in Pyuthan has found rampant sale of date-expired food in the district.', 'content' => '<p> May 27: A market monitoring team in Pyuthan has found rampant sale of date-expired food in the district.</p> <p> A recent inspection carried out jointly by the Tulsipur office of the Department of Food Technology and Quality Control (DFTQC); Consumers’ Welfare and Protection Committee, Bhairahawa; and local government of Pyuthan revealed the fact.</p> <p> Prem Bahadur Thapa, coordinator of the monitoring team, told New Business Age that such expired goods were found in the district headquarters, Khalanga as well as other business hubs such as Bagdula, Bijubazar, and Jumri. According to him, the expired goods including soft drinks, biscuits, spices, chips have been destroyed while fruit juice with near-expiry dates have been returned to the dealers.</p> <p> The monitoring team also found that most of the shops were not registered, did not have price list displayed and were selling adulterated food. Thapa further informed that most of the goods did not have labeling while locally-made goods were being sold in bottles of other brands.</p> <p> The team also found that a number of shops were selling tobacco and alcoholic drinks without license. Bibek Kumar Subedi, a technician at the DFTQC said that the owners of those shops were told to register their shops and run them in accordance to the law.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-27', 'modified' => '2019-05-27', 'keywords' => '', 'description' => '', 'sortorder' => '10517', 'image' => '20190527121501_aaaa.jpg', 'article_date' => '2019-05-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '10765', 'article_category_id' => '1', 'title' => 'Market Watch of May 26 (Sunday) ', 'sub_title' => '', 'summary' => 'time for reversal trend. ', 'content' => '<p> <strong>Current Price (CMP): 1302.61</strong></p> <p> <strong>OHLC Update of 12<sup>th</sup> Jestha:</strong></p> <p style="margin-left: 40px;"> O: 1314.55<br /> H: 1317.86<br /> L: 1301.32<br /> C: 1302.61</p> <p> <strong>Pivot for 13<sup>th</sup> Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0" style="width:632px;" width="632"> <tbody> <tr> <td style="width:79px;height:34px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;height:34px;"> <p style="text-align: center;"> <strong>1,280.13</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,290.72</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,296.67</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,307.26</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,313.21</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,323.8</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,329.75</strong></p> </td> </tr> </tbody> </table> <div style="clear:both;"> </div> <p> </p> <p> <strong>Pivot for the 3<sup>rd</sup> Week of Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:84px;height:28px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:84px;height:37px;"> <p style="text-align: center;"> <strong>1,285.15</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,294.87</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,304.71</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,314.43</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,324.27</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,333.99</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,343.83</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Pivot for Month of Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:79px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;"> <p style="text-align: center;"> <strong>1,082.82</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,132.34</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,223.9</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,273.42</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,364.98</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,414.5</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,506.06</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Turnover Update:</strong></p> <p style="margin-left: 40px;"> On Month of Baisakh: 1,803.05 Crores<br /> Volume of this week (29<sup>th</sup> Baisakh – 2<sup>nd</sup> Jestha): NRs. 494.93 Crores<br /> Volume of 2<sup>nd</sup> Week of Jestha: NRs. 502.44 Crores<br /> 9<sup>th</sup> Jestha: Nrs. 93.26 Crores<br /> 12<sup>th</sup> Jestha: Nrs. 62.62 Crores</p> <p> <strong>Commentary:</strong></p> <p> 1. Today market is negative, market remained positive for half an hour in the first hour of the day and then it remained negative till the closing. Along with the market other sub indices are also negative. NEPSE Market has lost 0.91% likewise Sensitive also lost 1.01%.</p> <p> 2. The volume today has dropped in comparison to that of last traded volume. </p> <p> 3. All the Sub-indices are negative. The noticeable change on the Sub- Indices is negative change of Hotels by 1.49% and Others by 1.53%. </p> <p> 4. The CMP of 12<sup>th</sup> Jestha is below the pivot of 13<sup>th</sup> Jestha and the weekly pivot but higher than that of the monthly pivot.</p> <p> 5. Comparing NEPSE Market and Sensitive we can see same kind of fluctuation on both of the market. Though Sensitive Market lost more points than NEPSE Market.</p> <p> </p> <p> <strong>Top 5 Scrips by turnovers:</strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>Turnover</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Closing Price</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>NBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 4.85 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>336</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>SHIVM</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 4.75 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>560</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>UPPER</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 3.74 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>275</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>HDL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 2.54 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>1,666</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>ADBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 2.15 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>425</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Top 5 Gainers: </strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>LTP</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Point Change</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>GILB</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>1,376</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>125</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>NMBMF</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>1,164</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>92</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>UIC</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>998</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>33</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>HURJA</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>134</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>4</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>MHNL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>102</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>3</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Top 5 Losers: </strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>LTP</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Point Change</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>JOSHI</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>111</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-12</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>HDL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>1,666</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-143</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>RADHI</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>164</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-12</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>AKPL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>192</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-13</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>MPFL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>224</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-15 </strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Sector Wise Summary: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:160px;height:33px;"> <p style="text-align: center;"> <strong>Sector</strong></p> </td> <td style="width:160px;height:33px;"> <p style="text-align: center;"> <strong>Turnover Values</strong></p> </td> <td style="width:160px;height:33px;"> <p style="text-align: center;"> <strong>Turnover volume</strong></p> </td> <td style="width:160px;height:33px;"> <p style="text-align: center;"> <strong>Total Transaction</strong></p> </td> </tr> <tr> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>Commercial Banks</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>NRs. 26.71 Crores</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>896,994</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>2,724</strong></p> </td> </tr> <tr> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Finance</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>NRs. 1.17 Crores</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>80,571</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>321</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p style="text-align: center;"> <strong>Hotels</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>NRs. 0.88 Crores</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>18,536</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>87</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p style="text-align: center;"> <strong>Manufacturing And Processing</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>NRs. 7.29 Crores</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>98,774</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>789</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>Others</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>NRs. 1.98 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>70,098</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>210</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>Hydro Power</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>NRs. 7.73 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>363,432</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>2,858</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Non Life Insurance</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 4.48 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>51,156</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>502</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Development Banks</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 4.83 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>262,073</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>642</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Mutual Fund</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 0.09 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>101,630</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>53</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Promoter Share</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 1.45 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>34,496</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>65</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <img alt="" src="/app/webroot/userfiles/images/s%286%29.JPG" style="width: 745px; height: 475px;" /></p> <p style="text-align: center;"> <strong>Pic. Showing Sensitive Candle Stick Chart</strong></p> <p> <strong>Analysis: </strong></p> <p> 1. The CMP of 12<sup>th</sup> Jestha is below the Pivot of 13<sup>th</sup> Jestha and the volume is lower than that of last traded volume. Analyzing this we can say that the market seems in bearish trend.</p> <p> 2. Observing the candle stick patterns of past days we see the formation of “Three Outside Down” but still this is not definite as there is no formation of engulfing pattern. The mentioned trend shows that the market might be in reversal trend now.</p> <p> 3. Choppy trend can be observed these days as we can see the candle sticks are hovering in the same range of 1300 to 1320 which is not exactly giving the sign; either the trend is upward or downward.</p> <p> 4. This may be the time for buyers and sellers to have patience because no actual trend is observed. There is a fluctuation in the market which is uncertain. Risk takers can invest in a suitable stock.</p> <p> 5. As per previous trends we have been observing that the opening day and closing day of the week are always in pressure and there is no certainty about the market. So market traders need not panic.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10516', 'image' => '20190526043302_n.JPG', 'article_date' => '2019-05-26 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '22' ) ), (int) 5 => array( 'Article' => array( 'id' => '10764', 'article_category_id' => '1', 'title' => 'Yarsa Collectors Flock to Dolpa as Season Begins', 'sub_title' => '', 'summary' => 'May 26: With the arrival of the season for collecting Yarsagumba in Dolpa district, the authorities have started charging entry fee for the locals who are eager to collect the prized medicinal herb known for its purported aphrosidsiac proterties. ', 'content' => '<p> May 26: With the arrival of the season for collecting Yarsagumba in Dolpa district, the authorities have started charging entry fee for the locals who are eager to collect the prized medicinal herb known for its purported aphrosidsiac proterties. </p> <p> The authorities will allow the locals as well as other enthusiasts to collect the herb in the pastures of the highlands from Monday, May 27. Shey-Phoksundo National Park has already started collecting the entry fee from Friday. The national park allows the locals to enter the area only after verifying their documents mentioning their local address. The national park charges the people of the immediate locality Rs 500 as entry fee while others from the same district are charged Rs 2000. Meanwhile, those coming from other districts are charged Rs 3000 per person.The national park has also set a deposit of Rs 30,000 for the collectors, which will remain valid for a month from May 24.</p> <p> The national park has decided to open all the pastures from Monday but the collectors should arrive a day before the season begins. Altogether 15 entry points have been set from where the national park collects entry fees and deposits, according to Chhatra Khadka, information officer of Shey-Phoksundo National Park.</p> <p> Collectors from neighbouring districts like Jumla, Rukum, Jajarkot among others have also arrived at Dolpa.</p> <p> The national park has adopt strict measures against smuggling of Yarsagumba. As of Saturday afternoon, 1,800 persons have been granted permission to collect Yarsagumba. The national park has collected Rs 5.1 million so far from entry fee.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10515', 'image' => '20190526040103_2.jpg', 'article_date' => '2019-05-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '10760', 'article_category_id' => '1', 'title' => 'Central Bank Encourages E-Payment', 'sub_title' => 'Restricts cash withdrawal through credit card to 10 percent', 'summary' => 'May 26: Nepal Rastra Bank (NRB) has issued a new circular to encourage e-payment transaction in the country.', 'content' => '<p> May 26: Nepal Rastra Bank (NRB) has issued a new circular to encourage e-payment transaction in the country. According to the new provision of the central bank, credit card holders can now withdraw only 10 percent cash from their credit limit. Analysts say this provision encourages credit card holders to carry out cashless transaction.</p> <p> The new directive issued by the central bank’s Payment System Department on Friday, May 24, discourages cash transaction by credit card holders in normal condition. The bank earlier on July 15, 2018 had restricted cash withdrawal from credit cards to 25 percent of the total credit limit.</p> <p> According to the bank, it took the measure to significantly reduce cash withdrawal after finding that the credit card users were withdrawing cash massively. The new directive states that the card holders should withdraw 10 percent cash from the credit limit only during emergencies.</p> <p> Prepaid card doesn’t have such limitations. At present, debit card users are allowed to withdraw cash from Rs 500 to Rs 25,000 at a time. </p> <p> The central bank has made it mandatory to make cash withdrawal from credit cards available even if the issuer and acquirer are from different institutions and that the charges levied for the transaction service should be made public.</p> <p> Likewise, the new directive of Nepal Rastra Bank has also notified that pin numbers are not required for the customers in transactions up to Rs 2000 at a time through Near Field Communication Technology (NFCT) card issued by the banks and financial institutions (BFIs). BFIs themselves should manage the risks and transaction number, states the directive.</p> <p> Likewise, customers can make a maximum payment of up to 50,000 daily through mobile banking. But in cases where there are no billing system or transaction details available, customers can deposit or withdraw amount worth only Rs 100,000 per month through mobile banking.</p> <p> <img alt="" src="/app/webroot/userfiles/images/Clipboard01%2815%29.jpg" style="width: 600px; height: 450px;" /></p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10511', 'image' => '20190526024929_NRB Facebook.jpg', 'article_date' => '2019-05-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '10759', 'article_category_id' => '1', 'title' => 'Nepal’s Import Stands at Staggering Rs 1.1 trillion', 'sub_title' => '', 'summary' => 'May 26: The import of goods to Nepal in the first 10 months of the current fiscal year stood at a staggering Rs 1.1 trillion while the export remained merely Rs 78 billion.', 'content' => '<p> May 26: The import of goods to Nepal in the first 10 months of the current fiscal year stood at a staggering Rs 1.1 trillion while the export remained merely Rs 78 billion.</p> <p> According to a report released by the Department of Customs on Friday, May 24, the country imported the highest value of goods from India worth Rs 761 billion during the review period while it exported goods worth Rs 50 billion to the southern neighbour.</p> <p> Likewise, goods worth Rs 17.8 billion were exported to China while Nepal imported goods worth Rs 169 from the northern neighbour. </p> <p> According to the report, petroleum products, vehicles and iron were the major import of Nepal.</p> <p> During the review period, Nepal imported petroleum products worth Rs 261.09 billion and iron and steel products worth Rs 119.8 billion.</p> <p> Likewise, the country imported machineries and equipment worth Rs 155 billion, vehicles worth Rs 77 billion, electric appliances of Rs 72.8 billion, consumable goods of Rs 44 billion, vegetables of Rs 24 billion and fruits of Rs 15.4 billion. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10510', 'image' => '20190526022115_aaaa.jpg', 'article_date' => '2019-05-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '10757', 'article_category_id' => '1', 'title' => 'Extraction of Precious Stones Likely to Resume', 'sub_title' => '', 'summary' => 'May 26: The announcement of processing and exporting of precious stones in the policies and programmes of the government has raised hope of reopening of the mines that have remained closed since four years.', 'content' => '<p> May 26: The announcement of processing and exporting of vprecious stones in the policies and programmes of the government has raised hope of reopening of the mines that have remained closed since four years.</p> <p> The ban on export of precious stones by the government has in July 2014 had resulted in the closure of 29 companies that had been supplying stones overseas. The government had imposed the ban arguing that the stones worth millions were sold at scrap value.</p> <p> The government’s policies and prorammes for the upcoming fiscal year has announced feasibility study for extracting valuables from mines in different parts of the country. The government has stated it will study the possibility of extraction of iron from Dhaubadi of Nawalparasi, valuable gems and copper from Jajarkot, petroleum from Dailekh, iron from Parbat and Tanahun and Uranium from Mustang.</p> <p> The government plans to process the precious stones by setting up a refinery and intends to export them.</p> <p> Altogether 29 companies had been extracting kainite, tourmaline and quartz in Nepal before the government imposed a ban in 2014. Kainite is classified as a very valuable stone while tourmaline is a valuable stone and quartz a normal stone. So far, 18 companies have renewed their license to extract the stones while only one company has been running a mine.</p> <p> A mining company in Jajarkot and Dailekh had extracted 7 kilograms of kainite last year. The stones were utilized by the domestic diamond industry, according to Ramesh Maharjan, chairman of Nepal Gold- Silver and Jewellery Association.</p> <p> Before the ban was imposed, Nepal had produced 698 kg of tourmaline, 1,187 kg of kainite and 4256 kg of quartz. The same year, the government had collected revenue of Rs 2.1 million from tourmaline, Rs 4,000 from kainite and Rs 86,000 from quartz. In the next fiscal year, the government increased the tax on tourmaline and quartz five times while that of kainite was increased 500 folds. Unable to pay the tax, the companies collapsed.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10508', 'image' => '20190526013538_aaaadsfjkjkj.jpg', 'article_date' => '2019-05-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '10756', 'article_category_id' => '1', 'title' => 'Chinese Investment Uncertain due to Lack of Clear Policies', 'sub_title' => '', 'summary' => 'May 24: Chinese investment in hydropower sector of Nepal has been uncertain in the absence of clear policies regarding security of foreign investment.', 'content' => '<p> May 24: Chinese investment in hydropower sector of Nepal has been uncertain in the absence of clear policies regarding security of foreign investment.</p> <p> The failure in implementation of Chinese investment proposals worth Rs 36 billion in the last fiscal year resulted in not a single commitment from the northern neighbor this year (FY 2018/19).</p> <p> Altogether 12 hydropower projects are under-construction with Chinese investment or in agreement with Chinese investors. Those projects which have a target to produce 1368 megawatts of electricity require investment of Rs 286.82 billion.</p> <p> In recent years, Nepal has received more investment commitment from China than any other countries. According to the Department of Industry, China started proposing for investment in the energy sector of Nepal since FY 1998/99. FY 17/18 saw the highest amount of proposals worth Rs 36.5 billion from China.</p> <p> However, this FY Nepal has not received any investment proposal from China, according to the Department. The lack of interest by Chinese investors has been attributed to the failure to implement the investment proposals of last FY.</p> <p> President of Independent Power Producers' Association Nepal (IPPAN), Shailendra Guragain said that if the foreign investments are not secured, Chinese investment will also likely stop just like the Indian commitment. He explained that lots of Indian came to Nepal for investing in hydropower projects12 years ago. However, they returned disappointed after figuring out that their investment won’t be secure here.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-24', 'modified' => '2019-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '10507', 'image' => '20190524041447_Clipboard04-8.jpg', 'article_date' => '2019-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '10755', 'article_category_id' => '1', 'title' => 'Market Watch of May 23 (Thursday)', 'sub_title' => '', 'summary' => 'choppy trend, time to have some patience. ', 'content' => '<p style="text-align: center;"> <strong>Pic. Showing NEPSE Candle Stick Chart</strong></p> <p> <strong>Current Price (CMP): 1314.55</strong></p> <p> <strong>OHLC Update of 9<sup>th</sup> Jestha:</strong></p> <p style="margin-left: 40px;"> O: 1319.63<br /> H: 1324.15<br /> L: 1309.12<br /> C: 1314.55</p> <p> <strong>Pivot for 12<sup>th</sup> Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0" style="width:632px;" width="632"> <tbody> <tr> <td style="width:79px;height:34px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;height:34px;"> <p style="text-align: center;"> <strong>1,292.7</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,300.91</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,307.73</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,315.94</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,322.76</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,330.97</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,337.79</strong></p> </td> </tr> </tbody> </table> <div style="clear:both;"> </div> <p> <strong>OHLC Update of 2<sup>nd</sup> Week of Jestha:</strong></p> <p style="margin-left: 40px;"> O: 1318.71<br /> H: 1324.15<br /> L: 1304.59<br /> C: 1314.55</p> <p> <strong>Pivot for the 3<sup>rd</sup> Week of Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:84px;height:28px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:84px;height:37px;"> <p style="text-align: center;"> <strong>1,285.15</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,294.87</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,304.71</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,314.43</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,324.27</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,333.99</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,343.83</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Pivot for Month of Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:79px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;"> <p style="text-align: center;"> <strong>1,082.82</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,132.34</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,223.9</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,273.42</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,364.98</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,414.5</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,506.06</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Turnover Update:</strong></p> <p> On Month of Baisakh: 1,803.05 Crores<br /> Volume of this week (29<sup>th</sup> Baisakh – 2<sup>nd</sup> Jestha): NRs. 494.93 Crores<br /> Volume of 2<sup>nd</sup> Week of Jestha: NRs. 502.44 Crores<br /> 8<sup>th</sup> Jestha: Nrs. 96.66 Crores<br /> 9<sup>th</sup> Jestha: Nrs. 93.26 Crores</p> <p> <strong>Commentary:</strong></p> <p> 1. Today market is negative during the closing of the week. Along with the market other sub indices are also negative. NEPSE Market has lost 0.39% likewise Sensitive also lost 0.32%.</p> <p> 2. The volume today has dropped in comparison to that of yesterday but this is not the lowest volume of this week. Volume this week is greater in comparison to that of last week. </p> <p> 3. Out of 12 Sub-indices 5 of them are positive. The noticeable change on the Sub- Indices is negative change of Hydropower by 4.82% .</p> <p> 4. The CMP of 9<sup>th</sup> Jestha is below the pivot of 12<sup>th</sup> Jestha and slightly above the weekly pivot whereas the monthly pivot is in range of 1270.</p> <p> 6. Comparing NEPSE Market and Sensitive we can see that the NEPSE Market has more fluctuation than the Sensitive. Today NEPSE market made high during the first hour and made the low at third hour.</p> <p> </p> <p> <strong>Top 5 Scrips by turnovers:</strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>Turnover</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Closing Price</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>UPPER</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 15.59 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>287</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>HDL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 7.03 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>1,809.00</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>NBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 6.14 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>340</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>ADBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 4.10 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>431</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>SHIVM</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 3.97 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>547</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Top 5 Gainers: </strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>LTP</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Point Change</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>NMBMF</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>1,072.00</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>97</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>MPFL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>239.00</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>21</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>CLBSL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>575</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>27</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>SMFDB</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>570</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>19</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>KADBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>181</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>6</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Top 5 Losers: </strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>LTP</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Point Change</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>HURJA</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>130.00</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-14</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>HPPL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>186.00</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-20</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>GHL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>96</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-9</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>UMHL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>118</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-11</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>SIFC</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>156</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-13</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Sector Wise Summary: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Sector</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Turnover Values</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Turnover volume</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Total Transaction</strong></p> </td> </tr> <tr> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>Commercial Banks</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>NRs. 43.74 Crores</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>1,083,598</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>3,530</strong></p> </td> </tr> <tr> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Finance</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>NRs. 3.04 Crores</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>111,424</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>342</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p style="text-align: center;"> <strong>Hotels</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>NRs. 3.60 Crores</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>70,943</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>257</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p style="text-align: center;"> <strong>Manufacturing And Processing</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>NRs. 11.10 Crores</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>117,312</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>897</strong></p> </td> </tr> <tr> <td style="width:160px;height:35px;"> <p style="text-align: center;"> <strong>Others</strong></p> </td> <td style="width:160px;height:35px;"> <p style="text-align: center;"> <strong>NRs. 4.79 Crores</strong></p> </td> <td style="width:160px;height:35px;"> <p style="text-align: center;"> <strong>236,583</strong></p> </td> <td style="width:160px;height:35px;"> <p style="text-align: center;"> <strong>685</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>Hydro Power</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>NRs. 24.55 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>1,194,689</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>4,521</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Non Life Insurance</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 6.99 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>52,890</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>399</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Development Banks</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 10.67 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>224,367</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>684</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Mutual Fund</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 0.08 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>118,300</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>50</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Trading</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 0.006 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>138,502</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>59</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <img alt="" src="/app/webroot/userfiles/images/s%284%29.JPG" style="width: 745px; height: 475px;" /></p> <p style="text-align: center;"> <strong>Pic. Showing Sensitive Candle Stick Chart</strong></p> <p> <strong>Analysis: </strong></p> <p> 1. The CMP of 9<sup>th</sup> Jestha is below the Pivot of 12<sup>th</sup> Jestha and the volume is lower than that of last traded volume. Analyzing this we can say that the market now is in stalemate.</p> <p> 2. Observing today’s candle stick pattern, market had average day which seems more like it is “Evening Star”. Observing the candle stick patterns of past days we see the formation of “Dark Cloud Cover”. This suggests an opportunity for the shorts to capitalize on the next day’s open: a warning sign to bullish investors</p> <p> 3. Choppy trend can be observed these days as we can see the candle sticks are hovering in the same range of 1300 to 1320 which is not exactly giving the sign; either the trend is upward or downward.</p> <p> 4. This may be the time for buyers and sellers to have patience because no actual trend is observed. There is a fluctuation in the market which is uncertain. Risk takers can invest in a suitable stock.</p> <p> 5. This week we can observe that the turnover of the market is greater than that of last week this gives us a sign that the buyers and sellers are now active in online trade.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-24', 'modified' => '2019-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '10506', 'image' => '20190524031008_n.JPG', 'article_date' => '2019-05-24 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 11 => array( 'Article' => array( 'id' => '10754', 'article_category_id' => '1', 'title' => 'International Tourism on the Rise: WTO barometer', 'sub_title' => '', 'summary' => 'May 24: International tourism continued to grow over the first quarter of 2019, according to the latest issue of the UNWTO World Tourism Barometer.', 'content' => '<p> May 24: International tourism continued to grow over the first quarter of 2019, according to the latest issue of the UNWTO World Tourism Barometer.</p> <p> The barometer maintained by the World Tourism Organization that monitors global tourism trends states that the average 4 percent increase of tourism worldwide is a “very positive sign” though the growth is at a slower rate when compared with the last two years.</p> <p> The Middle East (8 percent) and Asia and the Pacific (6 percent) experienced the highest increase in international arrivals, according to a statement issued by UNWTO. Numbers in both Europe and Africa were up by 4 percent, and in the Americas growth was recorded at 3 percent.</p> <p> “International tourism continues to perform strongly worldwide fuelled by a positive economy, increased air capacity and visa facilitation,” the statement quoted UNWTO Secretary-General, Zurab Pololikashvili, as saying. “Growth in arrivals is easing slightly after two years of exceptional results, but the sector continues to outpace the global rate of economic growth.”</p> <p> According to UNWTO, Europe – the world’s largest tourism region – reported solid growth (4 percent), led by destinations in Southern and Mediterranean Europe and Central and Eastern Europe (both 5 percent).</p> <p> Growth in Africa was driven by the ongoing recovery in North Africa (11 percent). In the Americas, the Caribbean (17 percent) rebounded strongly after weak results in 2018, following the impact of hurricanes Irma and Maria in late 2017.</p> <p> In Asia and the Pacific, results for the first three months showed a 6 percent increase led by North-East Asia (9 percent) and a very solid performance from the Chinese market.</p> <p> “With this growth comes greater responsibility for translating it into better jobs and better lives,” Pololikashvili stresses. “We need to continue investing in innovation, digital transformation and education so that we can harness the many benefits tourism can bring while at the same time mitigating its impact on the environment and society with a better management of tourism flows.”</p> <p> UNWTO Confidence Index Panel optimistic over future growth</p> <p> Confidence in global tourism has started to pick up again after slowing down at the end of 2018, according to the latest UNWTO Confidence Index survey. The outlook for the May-August 2019 period, the peak season for many destinations in the Northern hemisphere, is more optimistic than in the recent periods and more than half of respondents are expecting a better performance in the coming four months.</p> <p> Experts’ evaluation of tourism performance in the first four months of 2019 was also rather positive and in line with the expectations expressed at the beginning of that period.</p> <p> UNWTO forecasts growth of 3 percent to 4 percent in international tourist arrivals in 2019.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-24', 'modified' => '2019-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '10505', 'image' => '20190524023810_mangal bazar tourist.jpg', 'article_date' => '2019-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '10745', 'article_category_id' => '1', 'title' => 'Fruit Sellers Doing Brisk Business in Nepalgunj with Rise in Temperature', 'sub_title' => '', 'summary' => 'May 24: Nepalgunj is arguably the hottest place in Nepal.', 'content' => '<p> May 24: Nepalgunj is arguably the hottest place in Nepal. With the rise in temperature during summer, the residents of this city adopt different measures to keep themselves cool. Due to the increasing heat, the demand for fruits, fans and refrigerator has also increased. Doctors advise that it is healthy to eat fruits during summer as it gives adequate nutrients to the body.</p> <p> Fruits and juice shops in Nepalgunj seem crowded these days with people eager to quench their thirst with the natural taste of fruits. Cucumbers and watermelons produced across Banke and Bardiya districts are consumed in huge quantity in Nepalgunj.</p> <p> Large number of fruits sellers in stalls as well as footpaths are found doing brisk business at Dhambojhi Chowk, Tribhuvan Chowk, Triveni Mode, Pushpalal Chowk, BP Chowk, Nursing Home, Bheri Hospital among other places of Nepalgunj.</p> <p> Salim Rai, who has been selling watermelons and cucumbers at Dhambhoji Chowk, says he makes as much as Rs 1500 per day by selling fruits.</p> <p> Mohammad Waris, owner of Garib Nawaz Fruit Center at Tribhuvan Chowk, said that the demand for fruits has soared sharply with the rise in temperature. He sells fruits like pomegranate, apples, bananas, grapes, watermelons, papayas, oranges, mangoes etc and earns up to Rs 10,000 per day.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-24', 'modified' => '2019-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '10500', 'image' => '20190524122408_Fruits1.jpg', 'article_date' => '2019-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '10742', 'article_category_id' => '1', 'title' => 'Gautam Buddha Int’l Airport Ready for Emergency Landings', 'sub_title' => '', 'summary' => 'May 23: The three-kilometre runway of Gautam Buddha International Airport (GBIA) in Bhairahawa is ready to use. ', 'content' => '<p> May 23: The three-kilometre runway of Gautam Buddha International Airport (GBIA) in Bhairahawa is ready to use. According to the Civil Aviation Authority of Nepal (CAAN), the runway can assist in emergency landing for large aircraft if needed.</p> <p> CAAN plans to operate the runway for international flights after a little more than six months from mid-February 2020.</p> <p> CAAN confirmed that the newly constructed runway of Gautam International Airport is capable of accommodating large aircraft for emergency landing in case flights get diverted from Tribhuvan International Airport.</p> <p> The authorities are planning to convert the old runway of the airport into a taxi bay.</p> <p> Sanjeev Gautam, managing director of CAAN, informed New Business Age that the contractor is developing other infrastructure including the terminal building, control tower, water tank among others in war-footing. </p> <p> The airport which is being constructed by North West Construction Company of China was scheduled to be completed by January 2017. However, the construction of the airport was delayed by the devastating earthquake of 2015, and the subsequent economic blockade by India, shortage of raw material and dispute between the contractor and sub-contractor. However, the airport is finally getting ready by mid -July 2019.</p> <p> CAAN informed that it plans to complete the technical works at the airport by late January 2020 after completing the construction of physical infrastructure. </p> <p> Until now, ATR-72 aircraft with 72-seat capacity is the biggest plane to land and take off from the airport. According to CAAN, the airport can accommodate bigger jets with 300-seat capacity after the commencement of international flights. </p> <p> The airport was upgraded to the international standard with a budget of Rs 6.22 billion. Out of the total budget, Asian Development Bank (ADB) had contributed 40.5 percent loan and 18 percent grant. OPEC Fund for International Development invested 30.5 percent of the total budget while the investment of Nepal Government was 11 percent of the total expenditure. </p> <p> CAAN said that the airport will serve 16,000 passengers on a daily basis and 6 million passengers annually. </p> <p> </p> ', 'published' => true, 'created' => '2019-05-23', 'modified' => '2019-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '10493', 'image' => '20190523014614_gautam buddha.jpg', 'article_date' => '2019-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '10740', 'article_category_id' => '1', 'title' => 'Entrepreneurs Bearing Brunt of Double Taxation on Black Cardamom ', 'sub_title' => '', 'summary' => 'May 23: Producers and distributors of black cardamom are bearing the brunt of double taxation. ', 'content' => '<p> May 23: Producers and distributors of black cardamom are bearing the brunt of double taxation. They complain that they have to pay export tax in the district where they produce the cash crop in addition to the customs duty from the district from where they export it to India. They also have to pay service charge at two places.</p> <p> Federation of Black Cardamom Entrepreneurs of Nepal Raj Kumar Karki says that the government should have facilitated the export of black cardamom once they pay export duty in the district where the cash crop is produced. He argues that the it is illegal to charge taxes at the local levels by misinterpreting the law. According to Karki, the multiple charges including tax has increased the price of black cardamom.</p> <p> The districts where black cardamom is produced charge the businessmen Rs 10 per kg for exporting the product. Black cardamom is then sent to the districts sharing border with India where it is stored before export. The exporters again have to pay additional Rs 2.26 per kg for sending black cardamom overseas.</p> <p> In addition to that, Birtamod Municipality has been charging Rs 10 per kg of black cardamom as service charge. Again, Mechinagar Municipality charges Rs 1500 to Rs 2000 per truck of black cardamom as service charge.</p> <p> The federation has submitted a 15-point demand to the government seeking its support to end double taxation, construction of store houses, setting up of black cardamom development centre, grant and concessional loans, facilitate trade with Bangladesh among others.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-23', 'modified' => '2019-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '10491', 'image' => '20190523111047_51ySI6HR2IL.jpg', 'article_date' => '2019-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$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' => '10770', 'article_category_id' => '1', 'title' => 'Karnali Province Allocates Rs 3 million for Conservation of Rhododendron Forests', 'sub_title' => '', 'summary' => 'May 27: The provincial government of Karnali has allocated Rs 3 million for the conservation of Gurans Rural Municipality of Dailekh, renowned for its rhododendron forests.', 'content' => '<p> May 27: The provincial government of Karnali has allocated Rs 3 million for the conservation of Gurans Rural Municipality of Dailekh, renowned for its rhododendron forests. As this area falls on the way to Rara, many tourists visiting the scenic lake in Mugu district as well as pilgrims on their way to Mansarovar visit this place for recreation. That is the reason why the provincial government has kept this place in priority and allocated budget.</p> <p> “The provincial government plans to develop this area as a tourist destination,” said Dharma Raj Regmi, a member of the provincial assembly of Karnali.</p> <p> He said that the government has given special attention for the conservation of the rhododendron forests as it would contribute in the development of the region through tourism.</p> <p> The chief of the rural municipality Khemraj Wali said that the local government intends to build a park to attract both domestic as well as international tourists.</p> <p> “Conservation of the forests will contribute in developing tourism in this area,” he added.</p> <p> It is said that this particular forest is a home to five of the 32 species of rhododendrons found in Nepal. The local authorities of Dailekh and Surkhet have pressed for including the issue of conservation of forests in school syllabus.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-27', 'modified' => '2019-05-27', 'keywords' => '', 'description' => '', 'sortorder' => '10521', 'image' => '20190527021639_aaadfff.jpg', 'article_date' => '2019-05-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '10769', 'article_category_id' => '1', 'title' => 'Bayberries Become a Good Source of Income for Locals of Dailekh', 'sub_title' => '', 'summary' => 'May 27: The hills of Dailekh are full of bayberries, locally known as ‘kafal’, this season. ', 'content' => '<p> May 27: The hills of Dailekh are full of bayberries, locally known as ‘kafal’, this season. The berries have become a good source of income for the locals. People of all age group including children and elderly people can be seen with baskets full of berries picked from the jungle. Some are busy selling the berries along the streets while some are busy plucking the berries in the forests. </p> <p> The locals are fully occupied in this temporary business. A vendor told New Business Age that she earns between Rs 2000 to Rs 3000 per day be selling the berries. A cup of berries are sold for Rs 50. </p> <p> During this season, the berries are found abundantly in the forests while it has good demand in the market. So far, no one has started commercial farming of this fruit since it is found in plenty in the forests. This type of berry grows in high hills and the mountainous region of the country. The bark of the ‘kafal’ tree is used for medicinal purpose.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-27', 'modified' => '2019-05-27', 'keywords' => '', 'description' => '', 'sortorder' => '10520', 'image' => '20190527015909_kapal -2.jpg', 'article_date' => '2019-05-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '10768', 'article_category_id' => '1', 'title' => 'Experts Suggest Imposing Tax on Agricultural Sector', 'sub_title' => '', 'summary' => 'May 27: With just one week left for the budget announcement, experts have suggested the government to raise tax from the agriculture sector as well.', 'content' => '<p> May 27: With just one week left for the budget announcement, experts have suggested the government to raise tax from the agriculture sector as well. They argued that the developed countries have been imposing tax on agriculture while Nepal, being an agricultural country, hasn’t brought this sector under the purview of tax.</p> <p> Economist Keshav Acharya says excluding the agricultural sector from the ambit of tax is not a good idea. He told New Business Age that the government should consider taxation on this sector provided that it is able to reduce the cost of production. He also suggested the government not to ignore the agricultural sector.</p> <p> Former Finance Secretary Rameshwar Khanal says that the local governments can impose tax on agricultural sector right away. He says it is possible for the government to earn good revenue from this sector if it can transform the traditional farming system into commercial farming.</p> <p> Likewise, another economist Dr Chandra Mani Adhikari says that the commercial farmers can be brought under the ambit of tax. He, however, said that the government must first ensure that there is an increase in production before imposing tax.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-27', 'modified' => '2019-05-27', 'keywords' => '', 'description' => '', 'sortorder' => '10519', 'image' => '20190527010000_Makai.jpg', 'article_date' => '2019-05-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '10766', 'article_category_id' => '1', 'title' => 'Date-Expired Goods being sold in Pyuthan', 'sub_title' => '', 'summary' => 'May 27: A market monitoring team in Pyuthan has found rampant sale of date-expired food in the district.', 'content' => '<p> May 27: A market monitoring team in Pyuthan has found rampant sale of date-expired food in the district.</p> <p> A recent inspection carried out jointly by the Tulsipur office of the Department of Food Technology and Quality Control (DFTQC); Consumers’ Welfare and Protection Committee, Bhairahawa; and local government of Pyuthan revealed the fact.</p> <p> Prem Bahadur Thapa, coordinator of the monitoring team, told New Business Age that such expired goods were found in the district headquarters, Khalanga as well as other business hubs such as Bagdula, Bijubazar, and Jumri. According to him, the expired goods including soft drinks, biscuits, spices, chips have been destroyed while fruit juice with near-expiry dates have been returned to the dealers.</p> <p> The monitoring team also found that most of the shops were not registered, did not have price list displayed and were selling adulterated food. Thapa further informed that most of the goods did not have labeling while locally-made goods were being sold in bottles of other brands.</p> <p> The team also found that a number of shops were selling tobacco and alcoholic drinks without license. Bibek Kumar Subedi, a technician at the DFTQC said that the owners of those shops were told to register their shops and run them in accordance to the law.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-27', 'modified' => '2019-05-27', 'keywords' => '', 'description' => '', 'sortorder' => '10517', 'image' => '20190527121501_aaaa.jpg', 'article_date' => '2019-05-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '10765', 'article_category_id' => '1', 'title' => 'Market Watch of May 26 (Sunday) ', 'sub_title' => '', 'summary' => 'time for reversal trend. ', 'content' => '<p> <strong>Current Price (CMP): 1302.61</strong></p> <p> <strong>OHLC Update of 12<sup>th</sup> Jestha:</strong></p> <p style="margin-left: 40px;"> O: 1314.55<br /> H: 1317.86<br /> L: 1301.32<br /> C: 1302.61</p> <p> <strong>Pivot for 13<sup>th</sup> Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0" style="width:632px;" width="632"> <tbody> <tr> <td style="width:79px;height:34px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;height:34px;"> <p style="text-align: center;"> <strong>1,280.13</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,290.72</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,296.67</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,307.26</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,313.21</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,323.8</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,329.75</strong></p> </td> </tr> </tbody> </table> <div style="clear:both;"> </div> <p> </p> <p> <strong>Pivot for the 3<sup>rd</sup> Week of Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:84px;height:28px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:84px;height:37px;"> <p style="text-align: center;"> <strong>1,285.15</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,294.87</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,304.71</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,314.43</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,324.27</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,333.99</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,343.83</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Pivot for Month of Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:79px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;"> <p style="text-align: center;"> <strong>1,082.82</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,132.34</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,223.9</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,273.42</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,364.98</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,414.5</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,506.06</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Turnover Update:</strong></p> <p style="margin-left: 40px;"> On Month of Baisakh: 1,803.05 Crores<br /> Volume of this week (29<sup>th</sup> Baisakh – 2<sup>nd</sup> Jestha): NRs. 494.93 Crores<br /> Volume of 2<sup>nd</sup> Week of Jestha: NRs. 502.44 Crores<br /> 9<sup>th</sup> Jestha: Nrs. 93.26 Crores<br /> 12<sup>th</sup> Jestha: Nrs. 62.62 Crores</p> <p> <strong>Commentary:</strong></p> <p> 1. Today market is negative, market remained positive for half an hour in the first hour of the day and then it remained negative till the closing. Along with the market other sub indices are also negative. NEPSE Market has lost 0.91% likewise Sensitive also lost 1.01%.</p> <p> 2. The volume today has dropped in comparison to that of last traded volume. </p> <p> 3. All the Sub-indices are negative. The noticeable change on the Sub- Indices is negative change of Hotels by 1.49% and Others by 1.53%. </p> <p> 4. The CMP of 12<sup>th</sup> Jestha is below the pivot of 13<sup>th</sup> Jestha and the weekly pivot but higher than that of the monthly pivot.</p> <p> 5. Comparing NEPSE Market and Sensitive we can see same kind of fluctuation on both of the market. Though Sensitive Market lost more points than NEPSE Market.</p> <p> </p> <p> <strong>Top 5 Scrips by turnovers:</strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>Turnover</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Closing Price</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>NBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 4.85 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>336</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>SHIVM</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 4.75 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>560</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>UPPER</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 3.74 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>275</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>HDL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 2.54 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>1,666</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>ADBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 2.15 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>425</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Top 5 Gainers: </strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>LTP</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Point Change</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>GILB</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>1,376</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>125</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>NMBMF</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>1,164</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>92</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>UIC</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>998</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>33</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>HURJA</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>134</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>4</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>MHNL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>102</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>3</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Top 5 Losers: </strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>LTP</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Point Change</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>JOSHI</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>111</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-12</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>HDL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>1,666</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-143</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>RADHI</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>164</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-12</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>AKPL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>192</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-13</strong></p> </td> </tr> <tr> <td style="width:200px;"> <p style="text-align: center;"> <strong>MPFL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>224</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-15 </strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Sector Wise Summary: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:160px;height:33px;"> <p style="text-align: center;"> <strong>Sector</strong></p> </td> <td style="width:160px;height:33px;"> <p style="text-align: center;"> <strong>Turnover Values</strong></p> </td> <td style="width:160px;height:33px;"> <p style="text-align: center;"> <strong>Turnover volume</strong></p> </td> <td style="width:160px;height:33px;"> <p style="text-align: center;"> <strong>Total Transaction</strong></p> </td> </tr> <tr> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>Commercial Banks</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>NRs. 26.71 Crores</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>896,994</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>2,724</strong></p> </td> </tr> <tr> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Finance</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>NRs. 1.17 Crores</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>80,571</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>321</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p style="text-align: center;"> <strong>Hotels</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>NRs. 0.88 Crores</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>18,536</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>87</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p style="text-align: center;"> <strong>Manufacturing And Processing</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>NRs. 7.29 Crores</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>98,774</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>789</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>Others</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>NRs. 1.98 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>70,098</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>210</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>Hydro Power</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>NRs. 7.73 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>363,432</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>2,858</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Non Life Insurance</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 4.48 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>51,156</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>502</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Development Banks</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 4.83 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>262,073</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>642</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Mutual Fund</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 0.09 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>101,630</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>53</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Promoter Share</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 1.45 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>34,496</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>65</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <img alt="" src="/app/webroot/userfiles/images/s%286%29.JPG" style="width: 745px; height: 475px;" /></p> <p style="text-align: center;"> <strong>Pic. Showing Sensitive Candle Stick Chart</strong></p> <p> <strong>Analysis: </strong></p> <p> 1. The CMP of 12<sup>th</sup> Jestha is below the Pivot of 13<sup>th</sup> Jestha and the volume is lower than that of last traded volume. Analyzing this we can say that the market seems in bearish trend.</p> <p> 2. Observing the candle stick patterns of past days we see the formation of “Three Outside Down” but still this is not definite as there is no formation of engulfing pattern. The mentioned trend shows that the market might be in reversal trend now.</p> <p> 3. Choppy trend can be observed these days as we can see the candle sticks are hovering in the same range of 1300 to 1320 which is not exactly giving the sign; either the trend is upward or downward.</p> <p> 4. This may be the time for buyers and sellers to have patience because no actual trend is observed. There is a fluctuation in the market which is uncertain. Risk takers can invest in a suitable stock.</p> <p> 5. As per previous trends we have been observing that the opening day and closing day of the week are always in pressure and there is no certainty about the market. So market traders need not panic.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10516', 'image' => '20190526043302_n.JPG', 'article_date' => '2019-05-26 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '22' ) ), (int) 5 => array( 'Article' => array( 'id' => '10764', 'article_category_id' => '1', 'title' => 'Yarsa Collectors Flock to Dolpa as Season Begins', 'sub_title' => '', 'summary' => 'May 26: With the arrival of the season for collecting Yarsagumba in Dolpa district, the authorities have started charging entry fee for the locals who are eager to collect the prized medicinal herb known for its purported aphrosidsiac proterties. ', 'content' => '<p> May 26: With the arrival of the season for collecting Yarsagumba in Dolpa district, the authorities have started charging entry fee for the locals who are eager to collect the prized medicinal herb known for its purported aphrosidsiac proterties. </p> <p> The authorities will allow the locals as well as other enthusiasts to collect the herb in the pastures of the highlands from Monday, May 27. Shey-Phoksundo National Park has already started collecting the entry fee from Friday. The national park allows the locals to enter the area only after verifying their documents mentioning their local address. The national park charges the people of the immediate locality Rs 500 as entry fee while others from the same district are charged Rs 2000. Meanwhile, those coming from other districts are charged Rs 3000 per person.The national park has also set a deposit of Rs 30,000 for the collectors, which will remain valid for a month from May 24.</p> <p> The national park has decided to open all the pastures from Monday but the collectors should arrive a day before the season begins. Altogether 15 entry points have been set from where the national park collects entry fees and deposits, according to Chhatra Khadka, information officer of Shey-Phoksundo National Park.</p> <p> Collectors from neighbouring districts like Jumla, Rukum, Jajarkot among others have also arrived at Dolpa.</p> <p> The national park has adopt strict measures against smuggling of Yarsagumba. As of Saturday afternoon, 1,800 persons have been granted permission to collect Yarsagumba. The national park has collected Rs 5.1 million so far from entry fee.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10515', 'image' => '20190526040103_2.jpg', 'article_date' => '2019-05-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '10760', 'article_category_id' => '1', 'title' => 'Central Bank Encourages E-Payment', 'sub_title' => 'Restricts cash withdrawal through credit card to 10 percent', 'summary' => 'May 26: Nepal Rastra Bank (NRB) has issued a new circular to encourage e-payment transaction in the country.', 'content' => '<p> May 26: Nepal Rastra Bank (NRB) has issued a new circular to encourage e-payment transaction in the country. According to the new provision of the central bank, credit card holders can now withdraw only 10 percent cash from their credit limit. Analysts say this provision encourages credit card holders to carry out cashless transaction.</p> <p> The new directive issued by the central bank’s Payment System Department on Friday, May 24, discourages cash transaction by credit card holders in normal condition. The bank earlier on July 15, 2018 had restricted cash withdrawal from credit cards to 25 percent of the total credit limit.</p> <p> According to the bank, it took the measure to significantly reduce cash withdrawal after finding that the credit card users were withdrawing cash massively. The new directive states that the card holders should withdraw 10 percent cash from the credit limit only during emergencies.</p> <p> Prepaid card doesn’t have such limitations. At present, debit card users are allowed to withdraw cash from Rs 500 to Rs 25,000 at a time. </p> <p> The central bank has made it mandatory to make cash withdrawal from credit cards available even if the issuer and acquirer are from different institutions and that the charges levied for the transaction service should be made public.</p> <p> Likewise, the new directive of Nepal Rastra Bank has also notified that pin numbers are not required for the customers in transactions up to Rs 2000 at a time through Near Field Communication Technology (NFCT) card issued by the banks and financial institutions (BFIs). BFIs themselves should manage the risks and transaction number, states the directive.</p> <p> Likewise, customers can make a maximum payment of up to 50,000 daily through mobile banking. But in cases where there are no billing system or transaction details available, customers can deposit or withdraw amount worth only Rs 100,000 per month through mobile banking.</p> <p> <img alt="" src="/app/webroot/userfiles/images/Clipboard01%2815%29.jpg" style="width: 600px; height: 450px;" /></p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10511', 'image' => '20190526024929_NRB Facebook.jpg', 'article_date' => '2019-05-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '10759', 'article_category_id' => '1', 'title' => 'Nepal’s Import Stands at Staggering Rs 1.1 trillion', 'sub_title' => '', 'summary' => 'May 26: The import of goods to Nepal in the first 10 months of the current fiscal year stood at a staggering Rs 1.1 trillion while the export remained merely Rs 78 billion.', 'content' => '<p> May 26: The import of goods to Nepal in the first 10 months of the current fiscal year stood at a staggering Rs 1.1 trillion while the export remained merely Rs 78 billion.</p> <p> According to a report released by the Department of Customs on Friday, May 24, the country imported the highest value of goods from India worth Rs 761 billion during the review period while it exported goods worth Rs 50 billion to the southern neighbour.</p> <p> Likewise, goods worth Rs 17.8 billion were exported to China while Nepal imported goods worth Rs 169 from the northern neighbour. </p> <p> According to the report, petroleum products, vehicles and iron were the major import of Nepal.</p> <p> During the review period, Nepal imported petroleum products worth Rs 261.09 billion and iron and steel products worth Rs 119.8 billion.</p> <p> Likewise, the country imported machineries and equipment worth Rs 155 billion, vehicles worth Rs 77 billion, electric appliances of Rs 72.8 billion, consumable goods of Rs 44 billion, vegetables of Rs 24 billion and fruits of Rs 15.4 billion. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10510', 'image' => '20190526022115_aaaa.jpg', 'article_date' => '2019-05-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '10757', 'article_category_id' => '1', 'title' => 'Extraction of Precious Stones Likely to Resume', 'sub_title' => '', 'summary' => 'May 26: The announcement of processing and exporting of precious stones in the policies and programmes of the government has raised hope of reopening of the mines that have remained closed since four years.', 'content' => '<p> May 26: The announcement of processing and exporting of vprecious stones in the policies and programmes of the government has raised hope of reopening of the mines that have remained closed since four years.</p> <p> The ban on export of precious stones by the government has in July 2014 had resulted in the closure of 29 companies that had been supplying stones overseas. The government had imposed the ban arguing that the stones worth millions were sold at scrap value.</p> <p> The government’s policies and prorammes for the upcoming fiscal year has announced feasibility study for extracting valuables from mines in different parts of the country. The government has stated it will study the possibility of extraction of iron from Dhaubadi of Nawalparasi, valuable gems and copper from Jajarkot, petroleum from Dailekh, iron from Parbat and Tanahun and Uranium from Mustang.</p> <p> The government plans to process the precious stones by setting up a refinery and intends to export them.</p> <p> Altogether 29 companies had been extracting kainite, tourmaline and quartz in Nepal before the government imposed a ban in 2014. Kainite is classified as a very valuable stone while tourmaline is a valuable stone and quartz a normal stone. So far, 18 companies have renewed their license to extract the stones while only one company has been running a mine.</p> <p> A mining company in Jajarkot and Dailekh had extracted 7 kilograms of kainite last year. The stones were utilized by the domestic diamond industry, according to Ramesh Maharjan, chairman of Nepal Gold- Silver and Jewellery Association.</p> <p> Before the ban was imposed, Nepal had produced 698 kg of tourmaline, 1,187 kg of kainite and 4256 kg of quartz. The same year, the government had collected revenue of Rs 2.1 million from tourmaline, Rs 4,000 from kainite and Rs 86,000 from quartz. In the next fiscal year, the government increased the tax on tourmaline and quartz five times while that of kainite was increased 500 folds. Unable to pay the tax, the companies collapsed.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-26', 'modified' => '2019-05-26', 'keywords' => '', 'description' => '', 'sortorder' => '10508', 'image' => '20190526013538_aaaadsfjkjkj.jpg', 'article_date' => '2019-05-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '10756', 'article_category_id' => '1', 'title' => 'Chinese Investment Uncertain due to Lack of Clear Policies', 'sub_title' => '', 'summary' => 'May 24: Chinese investment in hydropower sector of Nepal has been uncertain in the absence of clear policies regarding security of foreign investment.', 'content' => '<p> May 24: Chinese investment in hydropower sector of Nepal has been uncertain in the absence of clear policies regarding security of foreign investment.</p> <p> The failure in implementation of Chinese investment proposals worth Rs 36 billion in the last fiscal year resulted in not a single commitment from the northern neighbor this year (FY 2018/19).</p> <p> Altogether 12 hydropower projects are under-construction with Chinese investment or in agreement with Chinese investors. Those projects which have a target to produce 1368 megawatts of electricity require investment of Rs 286.82 billion.</p> <p> In recent years, Nepal has received more investment commitment from China than any other countries. According to the Department of Industry, China started proposing for investment in the energy sector of Nepal since FY 1998/99. FY 17/18 saw the highest amount of proposals worth Rs 36.5 billion from China.</p> <p> However, this FY Nepal has not received any investment proposal from China, according to the Department. The lack of interest by Chinese investors has been attributed to the failure to implement the investment proposals of last FY.</p> <p> President of Independent Power Producers' Association Nepal (IPPAN), Shailendra Guragain said that if the foreign investments are not secured, Chinese investment will also likely stop just like the Indian commitment. He explained that lots of Indian came to Nepal for investing in hydropower projects12 years ago. However, they returned disappointed after figuring out that their investment won’t be secure here.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-24', 'modified' => '2019-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '10507', 'image' => '20190524041447_Clipboard04-8.jpg', 'article_date' => '2019-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '10755', 'article_category_id' => '1', 'title' => 'Market Watch of May 23 (Thursday)', 'sub_title' => '', 'summary' => 'choppy trend, time to have some patience. ', 'content' => '<p style="text-align: center;"> <strong>Pic. Showing NEPSE Candle Stick Chart</strong></p> <p> <strong>Current Price (CMP): 1314.55</strong></p> <p> <strong>OHLC Update of 9<sup>th</sup> Jestha:</strong></p> <p style="margin-left: 40px;"> O: 1319.63<br /> H: 1324.15<br /> L: 1309.12<br /> C: 1314.55</p> <p> <strong>Pivot for 12<sup>th</sup> Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0" style="width:632px;" width="632"> <tbody> <tr> <td style="width:79px;height:34px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;height:34px;"> <p style="text-align: center;"> <strong>1,292.7</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,300.91</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,307.73</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,315.94</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,322.76</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,330.97</strong></p> </td> <td style="width:92px;height:34px;"> <p style="text-align: center;"> <strong>1,337.79</strong></p> </td> </tr> </tbody> </table> <div style="clear:both;"> </div> <p> <strong>OHLC Update of 2<sup>nd</sup> Week of Jestha:</strong></p> <p style="margin-left: 40px;"> O: 1318.71<br /> H: 1324.15<br /> L: 1304.59<br /> C: 1314.55</p> <p> <strong>Pivot for the 3<sup>rd</sup> Week of Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:84px;height:28px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:91px;height:28px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:84px;height:37px;"> <p style="text-align: center;"> <strong>1,285.15</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,294.87</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,304.71</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,314.43</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,324.27</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,333.99</strong></p> </td> <td style="width:91px;height:37px;"> <p style="text-align: center;"> <strong>1,343.83</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Pivot for Month of Jestha: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:79px;"> <p style="text-align: center;"> <strong>S3</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>S2</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>S1</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>Pivot</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R1</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R2</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:79px;"> <p style="text-align: center;"> <strong>1,082.82</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,132.34</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,223.9</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,273.42</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,364.98</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,414.5</strong></p> </td> <td style="width:91px;"> <p style="text-align: center;"> <strong>1,506.06</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Turnover Update:</strong></p> <p> On Month of Baisakh: 1,803.05 Crores<br /> Volume of this week (29<sup>th</sup> Baisakh – 2<sup>nd</sup> Jestha): NRs. 494.93 Crores<br /> Volume of 2<sup>nd</sup> Week of Jestha: NRs. 502.44 Crores<br /> 8<sup>th</sup> Jestha: Nrs. 96.66 Crores<br /> 9<sup>th</sup> Jestha: Nrs. 93.26 Crores</p> <p> <strong>Commentary:</strong></p> <p> 1. Today market is negative during the closing of the week. Along with the market other sub indices are also negative. NEPSE Market has lost 0.39% likewise Sensitive also lost 0.32%.</p> <p> 2. The volume today has dropped in comparison to that of yesterday but this is not the lowest volume of this week. Volume this week is greater in comparison to that of last week. </p> <p> 3. Out of 12 Sub-indices 5 of them are positive. The noticeable change on the Sub- Indices is negative change of Hydropower by 4.82% .</p> <p> 4. The CMP of 9<sup>th</sup> Jestha is below the pivot of 12<sup>th</sup> Jestha and slightly above the weekly pivot whereas the monthly pivot is in range of 1270.</p> <p> 6. Comparing NEPSE Market and Sensitive we can see that the NEPSE Market has more fluctuation than the Sensitive. Today NEPSE market made high during the first hour and made the low at third hour.</p> <p> </p> <p> <strong>Top 5 Scrips by turnovers:</strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>Turnover</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Closing Price</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>UPPER</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 15.59 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>287</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>HDL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 7.03 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>1,809.00</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>NBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 6.14 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>340</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>ADBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 4.10 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>431</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>SHIVM</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>NRs. 3.97 Crores</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>547</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Top 5 Gainers: </strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>LTP</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Point Change</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>NMBMF</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>1,072.00</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>97</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>MPFL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>239.00</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>21</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>CLBSL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>575</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>27</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>SMFDB</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>570</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>19</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>KADBL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>181</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>6</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Top 5 Losers: </strong></p> <table border="1" cellpadding="0" cellspacing="0" width="602"> <tbody> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>Scrips</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>LTP</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>Point Change</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>HURJA</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>130.00</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-14</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>HPPL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>186.00</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-20</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>GHL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>96</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-9</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>UMHL</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>118</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-11</strong></p> </td> </tr> <tr> <td style="width:201px;"> <p style="text-align: center;"> <strong>SIFC</strong></p> </td> <td style="width:202px;"> <p style="text-align: center;"> <strong>156</strong></p> </td> <td style="width:199px;"> <p style="text-align: center;"> <strong>-13</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <strong>Sector Wise Summary: </strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Sector</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Turnover Values</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Turnover volume</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Total Transaction</strong></p> </td> </tr> <tr> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>Commercial Banks</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>NRs. 43.74 Crores</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>1,083,598</strong></p> </td> <td style="width:160px;height:29px;"> <p style="text-align: center;"> <strong>3,530</strong></p> </td> </tr> <tr> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>Finance</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>NRs. 3.04 Crores</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>111,424</strong></p> </td> <td style="width:160px;height:34px;"> <p style="text-align: center;"> <strong>342</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p style="text-align: center;"> <strong>Hotels</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>NRs. 3.60 Crores</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>70,943</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>257</strong></p> </td> </tr> <tr> <td style="width:160px;"> <p style="text-align: center;"> <strong>Manufacturing And Processing</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>NRs. 11.10 Crores</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>117,312</strong></p> </td> <td style="width:160px;"> <p style="text-align: center;"> <strong>897</strong></p> </td> </tr> <tr> <td style="width:160px;height:35px;"> <p style="text-align: center;"> <strong>Others</strong></p> </td> <td style="width:160px;height:35px;"> <p style="text-align: center;"> <strong>NRs. 4.79 Crores</strong></p> </td> <td style="width:160px;height:35px;"> <p style="text-align: center;"> <strong>236,583</strong></p> </td> <td style="width:160px;height:35px;"> <p style="text-align: center;"> <strong>685</strong></p> </td> </tr> <tr> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>Hydro Power</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>NRs. 24.55 Crores</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>1,194,689</strong></p> </td> <td style="width:160px;height:36px;"> <p style="text-align: center;"> <strong>4,521</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Non Life Insurance</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 6.99 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>52,890</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>399</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Development Banks</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 10.67 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>224,367</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>684</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Mutual Fund</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 0.08 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>118,300</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>50</strong></p> </td> </tr> <tr> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>Trading</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>NRs. 0.006 Crores</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>138,502</strong></p> </td> <td style="width:160px;height:41px;"> <p style="text-align: center;"> <strong>59</strong></p> </td> </tr> </tbody> </table> <p> </p> <p> <img alt="" src="/app/webroot/userfiles/images/s%284%29.JPG" style="width: 745px; height: 475px;" /></p> <p style="text-align: center;"> <strong>Pic. Showing Sensitive Candle Stick Chart</strong></p> <p> <strong>Analysis: </strong></p> <p> 1. The CMP of 9<sup>th</sup> Jestha is below the Pivot of 12<sup>th</sup> Jestha and the volume is lower than that of last traded volume. Analyzing this we can say that the market now is in stalemate.</p> <p> 2. Observing today’s candle stick pattern, market had average day which seems more like it is “Evening Star”. Observing the candle stick patterns of past days we see the formation of “Dark Cloud Cover”. This suggests an opportunity for the shorts to capitalize on the next day’s open: a warning sign to bullish investors</p> <p> 3. Choppy trend can be observed these days as we can see the candle sticks are hovering in the same range of 1300 to 1320 which is not exactly giving the sign; either the trend is upward or downward.</p> <p> 4. This may be the time for buyers and sellers to have patience because no actual trend is observed. There is a fluctuation in the market which is uncertain. Risk takers can invest in a suitable stock.</p> <p> 5. This week we can observe that the turnover of the market is greater than that of last week this gives us a sign that the buyers and sellers are now active in online trade.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-24', 'modified' => '2019-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '10506', 'image' => '20190524031008_n.JPG', 'article_date' => '2019-05-24 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 11 => array( 'Article' => array( 'id' => '10754', 'article_category_id' => '1', 'title' => 'International Tourism on the Rise: WTO barometer', 'sub_title' => '', 'summary' => 'May 24: International tourism continued to grow over the first quarter of 2019, according to the latest issue of the UNWTO World Tourism Barometer.', 'content' => '<p> May 24: International tourism continued to grow over the first quarter of 2019, according to the latest issue of the UNWTO World Tourism Barometer.</p> <p> The barometer maintained by the World Tourism Organization that monitors global tourism trends states that the average 4 percent increase of tourism worldwide is a “very positive sign” though the growth is at a slower rate when compared with the last two years.</p> <p> The Middle East (8 percent) and Asia and the Pacific (6 percent) experienced the highest increase in international arrivals, according to a statement issued by UNWTO. Numbers in both Europe and Africa were up by 4 percent, and in the Americas growth was recorded at 3 percent.</p> <p> “International tourism continues to perform strongly worldwide fuelled by a positive economy, increased air capacity and visa facilitation,” the statement quoted UNWTO Secretary-General, Zurab Pololikashvili, as saying. “Growth in arrivals is easing slightly after two years of exceptional results, but the sector continues to outpace the global rate of economic growth.”</p> <p> According to UNWTO, Europe – the world’s largest tourism region – reported solid growth (4 percent), led by destinations in Southern and Mediterranean Europe and Central and Eastern Europe (both 5 percent).</p> <p> Growth in Africa was driven by the ongoing recovery in North Africa (11 percent). In the Americas, the Caribbean (17 percent) rebounded strongly after weak results in 2018, following the impact of hurricanes Irma and Maria in late 2017.</p> <p> In Asia and the Pacific, results for the first three months showed a 6 percent increase led by North-East Asia (9 percent) and a very solid performance from the Chinese market.</p> <p> “With this growth comes greater responsibility for translating it into better jobs and better lives,” Pololikashvili stresses. “We need to continue investing in innovation, digital transformation and education so that we can harness the many benefits tourism can bring while at the same time mitigating its impact on the environment and society with a better management of tourism flows.”</p> <p> UNWTO Confidence Index Panel optimistic over future growth</p> <p> Confidence in global tourism has started to pick up again after slowing down at the end of 2018, according to the latest UNWTO Confidence Index survey. The outlook for the May-August 2019 period, the peak season for many destinations in the Northern hemisphere, is more optimistic than in the recent periods and more than half of respondents are expecting a better performance in the coming four months.</p> <p> Experts’ evaluation of tourism performance in the first four months of 2019 was also rather positive and in line with the expectations expressed at the beginning of that period.</p> <p> UNWTO forecasts growth of 3 percent to 4 percent in international tourist arrivals in 2019.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-24', 'modified' => '2019-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '10505', 'image' => '20190524023810_mangal bazar tourist.jpg', 'article_date' => '2019-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '10745', 'article_category_id' => '1', 'title' => 'Fruit Sellers Doing Brisk Business in Nepalgunj with Rise in Temperature', 'sub_title' => '', 'summary' => 'May 24: Nepalgunj is arguably the hottest place in Nepal.', 'content' => '<p> May 24: Nepalgunj is arguably the hottest place in Nepal. With the rise in temperature during summer, the residents of this city adopt different measures to keep themselves cool. Due to the increasing heat, the demand for fruits, fans and refrigerator has also increased. Doctors advise that it is healthy to eat fruits during summer as it gives adequate nutrients to the body.</p> <p> Fruits and juice shops in Nepalgunj seem crowded these days with people eager to quench their thirst with the natural taste of fruits. Cucumbers and watermelons produced across Banke and Bardiya districts are consumed in huge quantity in Nepalgunj.</p> <p> Large number of fruits sellers in stalls as well as footpaths are found doing brisk business at Dhambojhi Chowk, Tribhuvan Chowk, Triveni Mode, Pushpalal Chowk, BP Chowk, Nursing Home, Bheri Hospital among other places of Nepalgunj.</p> <p> Salim Rai, who has been selling watermelons and cucumbers at Dhambhoji Chowk, says he makes as much as Rs 1500 per day by selling fruits.</p> <p> Mohammad Waris, owner of Garib Nawaz Fruit Center at Tribhuvan Chowk, said that the demand for fruits has soared sharply with the rise in temperature. He sells fruits like pomegranate, apples, bananas, grapes, watermelons, papayas, oranges, mangoes etc and earns up to Rs 10,000 per day.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-05-24', 'modified' => '2019-05-24', 'keywords' => '', 'description' => '', 'sortorder' => '10500', 'image' => '20190524122408_Fruits1.jpg', 'article_date' => '2019-05-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '10742', 'article_category_id' => '1', 'title' => 'Gautam Buddha Int’l Airport Ready for Emergency Landings', 'sub_title' => '', 'summary' => 'May 23: The three-kilometre runway of Gautam Buddha International Airport (GBIA) in Bhairahawa is ready to use. ', 'content' => '<p> May 23: The three-kilometre runway of Gautam Buddha International Airport (GBIA) in Bhairahawa is ready to use. According to the Civil Aviation Authority of Nepal (CAAN), the runway can assist in emergency landing for large aircraft if needed.</p> <p> CAAN plans to operate the runway for international flights after a little more than six months from mid-February 2020.</p> <p> CAAN confirmed that the newly constructed runway of Gautam International Airport is capable of accommodating large aircraft for emergency landing in case flights get diverted from Tribhuvan International Airport.</p> <p> The authorities are planning to convert the old runway of the airport into a taxi bay.</p> <p> Sanjeev Gautam, managing director of CAAN, informed New Business Age that the contractor is developing other infrastructure including the terminal building, control tower, water tank among others in war-footing. </p> <p> The airport which is being constructed by North West Construction Company of China was scheduled to be completed by January 2017. However, the construction of the airport was delayed by the devastating earthquake of 2015, and the subsequent economic blockade by India, shortage of raw material and dispute between the contractor and sub-contractor. However, the airport is finally getting ready by mid -July 2019.</p> <p> CAAN informed that it plans to complete the technical works at the airport by late January 2020 after completing the construction of physical infrastructure. </p> <p> Until now, ATR-72 aircraft with 72-seat capacity is the biggest plane to land and take off from the airport. According to CAAN, the airport can accommodate bigger jets with 300-seat capacity after the commencement of international flights. </p> <p> The airport was upgraded to the international standard with a budget of Rs 6.22 billion. Out of the total budget, Asian Development Bank (ADB) had contributed 40.5 percent loan and 18 percent grant. OPEC Fund for International Development invested 30.5 percent of the total budget while the investment of Nepal Government was 11 percent of the total expenditure. </p> <p> CAAN said that the airport will serve 16,000 passengers on a daily basis and 6 million passengers annually. </p> <p> </p> ', 'published' => true, 'created' => '2019-05-23', 'modified' => '2019-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '10493', 'image' => '20190523014614_gautam buddha.jpg', 'article_date' => '2019-05-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '10740', 'article_category_id' => '1', 'title' => 'Entrepreneurs Bearing Brunt of Double Taxation on Black Cardamom ', 'sub_title' => '', 'summary' => 'May 23: Producers and distributors of black cardamom are bearing the brunt of double taxation. ', 'content' => '<p> May 23: Producers and distributors of black cardamom are bearing the brunt of double taxation. They complain that they have to pay export tax in the district where they produce the cash crop in addition to the customs duty from the district from where they export it to India. They also have to pay service charge at two places.</p> <p> Federation of Black Cardamom Entrepreneurs of Nepal Raj Kumar Karki says that the government should have facilitated the export of black cardamom once they pay export duty in the district where the cash crop is produced. He argues that the it is illegal to charge taxes at the local levels by misinterpreting the law. According to Karki, the multiple charges including tax has increased the price of black cardamom.</p> <p> The districts where black cardamom is produced charge the businessmen Rs 10 per kg for exporting the product. Black cardamom is then sent to the districts sharing border with India where it is stored before export. The exporters again have to pay additional Rs 2.26 per kg for sending black cardamom overseas.</p> <p> In addition to that, Birtamod Municipality has been charging Rs 10 per kg of black cardamom as service charge. Again, Mechinagar Municipality charges Rs 1500 to Rs 2000 per truck of black cardamom as service charge.</p> <p> The federation has submitted a 15-point demand to the government seeking its support to end double taxation, construction of store houses, setting up of black cardamom development centre, grant and concessional loans, facilitate trade with Bangladesh among others.</p> <p> </p> ', 'published' => true, 'created' => '2019-05-23', 'modified' => '2019-05-23', 'keywords' => '', 'description' => '', 'sortorder' => '10491', 'image' => '20190523111047_51ySI6HR2IL.jpg', 'article_date' => '2019-05-23 00:00:00', '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