February 22: In the wake of the crisis that Nepali students are facing in Australia, the Australian Embassy in Nepal has advised any student studying at the Australia Institute of Business and Technology (AIBT) under Brighton Pacific Pty Ltd to remain enrolled and continue to attend…
February 22: Nepali importers have complained of excessive charge under various heads at the Integrated Check Post (ICP) of Birgunj, which has come into operation since one…
February 21: The first regional conference of Women in Power Sector Professional Network (WePOWER) concluded in Kathmandu on February 21 highlighting its key activities and goals for upcoming years especially focusing on five strategic areas—education, recruitment, development, retention, and policy and analysis for empowering women in energy and power…
February 22: The government has prepared the ‘E-commerce National Strategy’ draft, which is in the final stages, to regulate the e-commerce sector of the…
February 22: Stakeholders have suggested that Nepal needs to revise its trade and transit-related agreements with Bangladesh to address the growing complexities between the two countries in their trade relations to benefit Nepalese exporters that see potential for their goods in the Bangladeshi…
February 22: The Agriculture Development Bank is set to provide subsidized loan to Gandaki Province without any…
February 11: The implementation of the Electronic Cargo Tracking System (ECTS) to transport Nepal-bound cargo from India has challenges as well as opportunities, according to…
CMP is below of today’s daily pivot and above of the current hour…
February 21: A parliamentarian of the ruling Nepal Communist Party (NCP) has demanded that the government lift the ban on…
February 21: The Metropolitan Traffic Police Division (MTPD) has taken action against the drivers of 45 public vehicles plying on long routes for flouting the provision of keeping two drivers, according to a news report published by Rastriya Samachar Samiti…
CMP is below of today’s daily pivot and above of the current hour…
February 21: Nepal LP Gas Industry Association has warned of a protest if their demands are not met at the…
CMP is below of today’s daily pivot and current hour…
CMP for today is 1,112.23 which is lower than daily pivot which is also lower than weekly and the monthly pivot which are 1150.98 and 1139.34 respectively which shows that Market is in Red…
February 20: Dolpa district has witnessed snowfall once again.…
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Unless Brighton Pacific Pty Ltd seeks a review and is granted a stay of ASQA’s decision, the cancellation decision will take effect from March 26, 2019,” the statement said.</p> <p> The embassy said that it would be the responsibility of AIBT to find students an alternative course or pay them a refund of their unspent tuition fees in the event that AIBT does stop operating. </p> <p> “If an alternative placement is not possible, the TPS will seek to place the institute’s students with an alternate provider or if that is not possible, consider refund of the students’ unspent tuition fees,” the statement added.</p> <p> Australia’s Department of Home Affairs would also allow a grace period of at least 28 days and up to three months for students to transfer to alternate providers before it would consider visa cancellation. Further extension may be possible on a case by case basis, the embassy further said.</p> <p> The Australian Embassy Nepal said that prospective students intending to enrol in courses in Australia should do as much research as possible on education institutions, courses of interest, costs, lifestyle in Australia and any other relevant factor, including by visiting the website www.studyinaustralia.gov.au.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '9909', 'image' => '20190222043958_adsfff.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '10138', 'article_category_id' => '1', 'title' => 'Importers Complain of High Charge at Birgunj ICP', 'sub_title' => '', 'summary' => 'February 22: Nepali importers have complained of excessive charge under various heads at the Integrated Check Post (ICP) of Birgunj, which has come into operation since one year.', 'content' => '<p> February 22: Nepali importers have complained of excessive charge under various heads at the Integrated Check Post (ICP) of Birgunj, which has come into operation since one year.</p> <p> President of the Birgunj Chamber of Commerce and Industry, Gopal Kedia, said that although the government constructed the ICP to ease trading, it has instead caused burden to the importers.</p> <p> “Importers are forced to pay extra charges for parking, entry charge, weight of the goods among others,” said Kedia, adding, “This has only increased the cost of the goods.”</p> <p> The effective utilization of the country’s main customs point still remains a far cry due to infrastructural barriers and unclear policies.</p> <p> Shyam Prasad Bhandari, chief of the Birgunj Customs Office, says that the newly-built ICP accounts for 60 percent of the total import in the region. The remaining 40 percent of the goods still enter the country from the old customs office at Inarwa of Birgunj. </p> <p> According to the importers, the ICP charges Rs 700 for importing goods in a container, Rs 428 in small vehicles and Rs 200 to 600 in a truck or lorry. A source at the ICP told New Business Age that an importer has had to pay as much as Rs 1.2 million as the charge and fine just for importing one consignment.</p> <p> Importers have also complained that the ICP is charging them customs duty at its whims. They say that they are compelled to pay for the goods on the basis of weight even for the ones which do not require weighing.</p> <p> Nepal Intermodal Transportation Development Board has been operating the ICP in the Nepali side while the Land Ports Authority of India has been given the responsibility to oversee the ICP in the Indian side. The Nepali importers complain that they have to pay unfair charges to the Indian side as well.</p> <p> Gehendra Mohan Shahi, who has been appointed by the board as the in-charge of the ICP, said that customs duty charged by the ICP is lower than that of Biratnagar and Bhairahawa.</p> <p> “The current charge has been adjusted by increasing 10 percent annually on the charge fixed 17 years ago,” said Shahi adding, “It cannot be termed as excessive charge.”</p> <p> </p> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '9906', 'image' => '20190222032625_ICP.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '10150', 'article_category_id' => '1', 'title' => 'WePOWER to Work on Five Major Areas for Increasing Women’s Participation', 'sub_title' => '', 'summary' => 'February 21: The first regional conference of Women in Power Sector Professional Network (WePOWER) concluded in Kathmandu on February 21 highlighting its key activities and goals for upcoming years especially focusing on five strategic areas—education, recruitment, development, retention, and policy and analysis for empowering women in energy and power sector.', 'content' => '<p> February 21: The first regional conference of Women in Power Sector Professional Network (WePOWER) concluded in Kathmandu on February 21 highlighting its key activities and goals for upcoming years especially focusing on five strategic areas—education, recruitment, development, retention, and policy and analysis for empowering women in energy and power sector.</p> <p> The two-day programme organised by the World Bank, with support from the Energy Sector Management Assistance Programme (ESMAP), Asian Development Bank (ADB), Australian AID and Australia Department of Foreign Affairs and Trade (DFAT) presented key activities that support in increasing and empowering female participants in energy and power sector.</p> <p> The future activities across the globe include 24 mega events and 42 internship programmes for this year in educational sector and 61 educational programmes for next year. Likewise, recruitment programme includes four different job fairs this year and five in next year along with other activities. Different study tours will be conducted for the development programme. For retention, WePOWER will be creating work environment and behavior change communication system. It will also be organizing gender-focused activities, mentorship programme, women entrepreneurship programme in different countries.</p> <p> Speaking about energy access and infrastructure development as critical elements in South Asia’s regional development strategy, Pravin Raj Aryal, joint secretary at the Ministry of Energy, Water Resources and Irrigation in Nepal said that initiatives such as WePOWER would help nurture partnerships among women professionals, leading to an increase in their engagement across the sector.</p> <p> Likewise, ADB Principal Social Development Specialist Francesco Tornieri said, “WePOWER is closely aligned with ADB’s broader long-term commitment embodied in its long-term Strategy 2030 to remove constraints that women face in finding more and better jobs.” He further said, “Although this applies to all sectors, we see the energy sector as one of the most challenging sectors.”</p> <p> Caren Grown, World Bank’s senior director for the Gender Group, added, “Women’s low participation in the sector is a constraint to gender equality and opportunities. It is imperative for men and women to have access to good quality jobs.”</p> <p> According to the organiser, WePOWER envisaged to become a vibrant and self-sustaining professional network backed by strategic partners that can provide technical and financial support.</p> <p> WePOWER expressed its belief that its programmes will be helpful in supporting, networking, and mentorship for women engineers for career advancement, research to reform policies and practices, exposure to technology, recruiting opportunities, and access to information and conferences.</p> <p> More than 250 engineers and energy-sector professionals from different local and international power utilities, energy sector organizations, and multilateral agencies represented their countries at the conference held on February 20-21.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-24', 'modified' => '2019-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '9905', 'image' => '20190224050837_aaa.jpg', 'article_date' => '2019-02-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '10137', 'article_category_id' => '1', 'title' => 'Government to Bring E-Commerce Under the Ambit of Tax', 'sub_title' => '', 'summary' => 'February 22: The government has prepared the ‘E-commerce National Strategy’ draft, which is in the final stages, to regulate the e-commerce sector of the country.', 'content' => '<p> February 22: The government has prepared the ‘E-commerce National Strategy’ draft, which is in the final stages, to regulate the e-commerce sector of the country.</p> <p> According to Nawaraj Dhakal, spokesperson at the Ministry of Industry, Commerce and Supplies, the government is working to bring the sector under the regulations to properly supervise the e-commerce platforms.</p> <p> Currently, the government doesn’t have database of the e-commerce companies operating in Nepal. According to a member of the committee formed to formulate the draft, a survey of the ministry shows that there are more than 50,000 e-commerce companies in the country.</p> <p> Currently, e-commerce platforms like eSewapasal, Daraz, Hamrobazar, Bhatbhateni, among others are digitally operating in the market. However, the government is yet to bring these platforms under the ambit of tax.</p> <p> The cabinet, two months ago, had decided to form a committee led by commerce secretary to formulate a draft to regulate the e-commerce sector. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '9904', 'image' => '20190222124837_Clipboard01-26.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '10135', 'article_category_id' => '1', 'title' => 'Stakeholders Suggest Revision of Trade Agreements with Bangladesh', 'sub_title' => '', 'summary' => 'February 22: Stakeholders have suggested that Nepal needs to revise its trade and transit-related agreements with Bangladesh to address the growing complexities between the two countries in their trade relations to benefit Nepalese exporters that see potential for their goods in the Bangladeshi market.', 'content' => '<div> February 22: Stakeholders have suggested that Nepal needs to revise its trade and transit-related agreements with Bangladesh to address the growing complexities between the two countries in their trade relations to benefit Nepalese exporters that see potential for their goods in the Bangladeshi market.</div> <div> </div> <div> Participants of an interaction programme titled "Nepal-Bangladesh Trade: Opportunity and Challenges" jointly organized by the Ministry of Industry, Commerce and Supplies (MoICS); South Asia Watch on Trade, Economics and Environment (SAWTEE) and Morang Merchant Association (MMA) in Biratnagar on Thursday, February 21 were unanimous in expressing such view.</div> <div> </div> <div> According to a statement issued by SAWTEE, president of Morang Merchant Association, Pawan Kumar Sarda, said that Nepal’s customs duty for Bangladeshi products is less compared to the tariffs imposed by the Bangladeshi government for Nepali products.</div> <div> </div> <div> In addition, Nepali products face number of non-tariff barriers in Bangladesh due to which our export to Bangladesh is in decline while Bangladesh’s export to Nepal is increasing, he added.</div> <div> </div> <div> According to Sarda, Nepal is importing goods which are domestically produced such as juice and potatoes, and suggested “we stop importing” such goods from Bangladesh. </div> <div> </div> <div> Rabi Shankar Sainju, joint secretary at the Ministry of Industry, Commerce and Supplies said that the government is in the process of renewing trade treaty with SAARC countries including Bangladesh. He said that Nepal and Bangladesh have agreed to provide preferential market access to some of their identified products, and Nepal is in the process of identifying such products to be included in the list.</div> <div> </div> <div> SAWTEE said its chairman Dr Posh Raj Panday made a presentation on Nepal-Bangladesh trade relations and avenues for collaboration. He stated that Nepal’s trade with Bangladesh takes place through Trade and Payment Agreement between Nepal and Bangladesh; Transit Agreement between Nepal and Bangladesh, and also through the regional, sub-regional and multilateral/international agreements signed by the two countries.</div> <div> </div> <div> “He pointed out that the Most Favoured Nation (MFN) treatment Nepal gets under these agreements is not adequate to address the growing trade deficit with Bangladesh. He suggested to conclude a preferential market access agreement with Bangladesh to address market access issues—including transit, para-tariff and non-tariff barriers—for exportable products and protection of domestic sector/industry,” the statement added.</div> <div> </div> <div> Participants of the interaction suggested that Province 1 can be the gateway for trade with Bangladesh due to its proximity with the neighbouring country. The participants also stressed the need to improve border customs in both sides and shortening the documentation process while exporting to Bangladesh. They also stressed the need for simplifying the visa obtaining process to go to Bangladesh without having to go to the Bangladeshi embassy in Kathmandu.</div> <div> </div> <div> According to SAWTEE, about 70 participants from Province 1 participated in the interaction.</div> <div> </div> <div> </div> <div> </div> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '9902', 'image' => '20190222123049_sawtee.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '10134', 'article_category_id' => '1', 'title' => 'ADB to Provide Subsidized Loan to Gandaki Province', 'sub_title' => '', 'summary' => 'February 22: The Agriculture Development Bank is set to provide subsidized loan to Gandaki Province without any collateral.', 'content' => '<p> February 22: The Agriculture Development Bank is set to provide subsidized loan to Gandaki Province without any collateral.</p> <p> According to Rastriya Samachar Samiti (RSS), a memorandum of understanding to this effect was signed between the Ministry of Land Management, Agriculture and Cooperative of Gandaki Province and the Pokhara-based regional office of Agriculture Development Bank on Thursday, February 21.</p> <p> The MoU states that the ADB would provide subsidized loan in the areas of agriculture and livestock without any collateral upon the recommendation of the ministry. The state-run news agency, however, did not mention the loan amount that the multinational bank would be providing.</p> <p> Secretary at the ministry, Sharad Chandra Shrestha, and the regional director of ADB, Chet Narayan Sapkota, signed the MoU.</p> <p> RSS reported that the MoU was signed to help promote commercialization of agriculture sector and thereby increase production.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '9901', 'image' => '20190222120723_aaa.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '10149', 'article_category_id' => '1', 'title' => 'Challenges and opportunities of ECTS', 'sub_title' => '', 'summary' => 'February 11: The implementation of the Electronic Cargo Tracking System (ECTS) to transport Nepal-bound cargo from India has challenges as well as opportunities, according to stakeholders.', 'content' => '<p> February 11: The implementation of the Electronic Cargo Tracking System (ECTS) to transport Nepal-bound cargo from India has challenges as well as opportunities, according to stakeholders.</p> <p> Speaking at the NewBiz Roundtable organised at the office of New Business Age on February 11, stakeholders expressed their optimism and concerns about the newly-introduced cargo transport monitoring system.</p> <p> Nepal Freight Forward Association’s president Prakash Singh Karki has said not only businessmen but all Nepalis should take benefit from the Electronic Cargo Tracking System (ECTS) implemented on the Nepal-bound goods from Indian ports. He said that the system which is in operation up to Birgunj should be extended to other parts of the country.</p> <p> Joint Secretary at the Ministry of Industry, Commerce and Supplies, Ravi Shankar Sainju, said that the new system which started from Visakhapatnam port of India is now being used in Kolkata port as well.</p> <p> He said that the ECTS would save the time and cost of Nepali importers resulting in long-term benefits. Once this system comes into operation, the importers will get rid of the problem of losing their goods in between. Joint Secretary Sainju said that the government of India and Nepal are committed in implementing this system. He further said that Nepali importers can benefit more if there is competition between different sea ports of India. According to Sainju, although there are challenges in implementing this system the concerned authorities are working together to sort out the issues.</p> <p> Director General of the Department of Customs, Toyam Raya, said that there are some challenges as the country is going to initiate a new system. But in the long run, it will prove beneficial. He further said that the customs points are being modernized to meet the standard of ECTS.</p> <p> General Secretary of Nepal Freight Forward Association Sundar Prasad Dahal said that any shipping company wishing to operate in Nepal must first get registration. At present, we are only focusing on import but we should also think of implementing this system while exporting goods.</p> <p> Naresh Kumar Agrawal, treasurer of the association, said that Nepal Rastra Bank should facilitate the importers in case there arises problems in payment by the Nepali importers.</p> <p> Likewise, former president of the association Rajan Sharma said that although ECTS is a positive initiative there should be detailed study regarding its pros and cons.</p> <p> The reduction in cost and time of the importers is not much meaningful if the consumers price don’t go down.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-24', 'modified' => '2019-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '9899', 'image' => '20190224042213_ECTS-Round-Table.jpg', 'article_date' => '2019-02-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '10130', 'article_category_id' => '1', 'title' => 'Stock Watch at 2 pm', 'sub_title' => '', 'summary' => 'CMP is below of today’s daily pivot and above of the current hour pivot.', 'content' => '<p> Pic. showing Nepse index of 1 hour</p> <p> </p> <p> February 21, 3<sup>rd</sup> Hour</p> <p> </p> <p> Today’s Daily Pivot (P) = 1117.737</p> <p> Current Hour Pivot (P’) = 1112.87</p> <p> Current Market Price (CMP)= 1114.14</p> <p> </p> <p> CMP is below of today’s daily pivot and above of the current hour pivot.</p> <p> </p> <p> This hour OHLC is as following:-</p> <p> O= 1110.67</p> <p> H= 1114.14</p> <p> L= 1110.41</p> <p> C= 1114.14</p> <p> </p> <p> Market turnover in the third hour (1 pm-2 pm)= Rs. 4.65crores</p> <p> Market turnover of the previous hour(12 pm-1 pm)= Rs. 3.94 crores</p> <p> Market turnover of the first hour (11 am-12 pm) = Rs. 1.63 crores</p> <p> The top five turn over making scrips are: </p> <p style="margin: 0in 0in 7.5pt; text-align: justify; line-height: 21.6pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;"> <span style="font-size: 15.5pt;font-family:"arial sans-serif","serif";color:#333333">Scrips Turnover LTP<o:p></o:p></span></p> <table border="0" cellpadding="0" cellspacing="0" style="width:353px;" width="353"> <tbody> <tr> <td> <p> <strong>CHLBS</strong></p> </td> <td> <p align="right"> 19,872,397.00</p> </td> <td> <p align="right"> 595.00</p> </td> </tr> <tr> <td> <p> <strong>NABIL</strong></p> </td> <td> <p align="right"> 10,619,289.00</p> </td> <td> <p align="right"> 800.00</p> </td> </tr> <tr> <td> <p> <strong>CHCL</strong></p> </td> <td> <p align="right"> 5,880,721.00</p> </td> <td> <p align="right"> 503.00</p> </td> </tr> <tr> <td> <p> <strong>NICA</strong></p> </td> <td> <p align="right"> 4,757,712.00</p> </td> <td> <p align="right"> 386.00</p> </td> </tr> <tr> <td> <p> <strong>UPPER</strong></p> </td> <td> <p align="right"> 4,291,929.00</p> </td> <td> <p align="right"> 225.00</p> </td> </tr> </tbody> </table> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9896', 'image' => '20190221021750_Capture 21 feb 3 hour.JPG', 'article_date' => '2019-02-21 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '22' ) ), (int) 8 => array( 'Article' => array( 'id' => '10124', 'article_category_id' => '1', 'title' => 'Demand to Legalize Marijuana', 'sub_title' => '', 'summary' => 'February 21: A parliamentarian of the ruling Nepal Communist Party (NCP) has demanded that the government lift the ban on marijuana.', 'content' => '<p> February 21: A parliamentarian of the ruling Nepal Communist Party (NCP) has demanded that the government lift the ban on marijuana.</p> <p> In a meeting of the House of Representatives on Wednesday, Birodh Khatiwada of NCP demanded to lift the ban on marijuana. Speaking at the House meeting, Khatiwada said that cannabis is legal in developed countries like the United States of America, Canada, Thailand, among others.</p> <p> “Why don’t we legalize cannabis in Nepal?” he questioned, adding that marijuana has been a source of income in the developed economies, while people in Nepal face legal actions for producing marijuana.</p> <p> He further added that marijuana is destroyed in Nepal but ironically Singha Durbar-based Vaidyakhana – the state-run manufacturer of Aayurvedic and herbal medicines – imports marijuana from the foreign market.</p> <p> Marijuana was legal in Nepal 40 years ago, but the herb was banned in the country in 1977 after pressure from the United States of America. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9893', 'image' => '20190221010550_adsfff.jpg', 'article_date' => '2019-02-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '10126', 'article_category_id' => '1', 'title' => 'Action Taken Against 45 Long-Route Public Vehicles not Keeping Two Drivers', 'sub_title' => '', 'summary' => 'February 21: The Metropolitan Traffic Police Division (MTPD) has taken action against the drivers of 45 public vehicles plying on long routes for flouting the provision of keeping two drivers, according to a news report published by Rastriya Samachar Samiti (RSS).', 'content' => '<p> February 21: The Metropolitan Traffic Police Division (MTPD) has taken action against the drivers of 45 public vehicles plying on long routes for flouting the provision of keeping two drivers, according to a news report published by Rastriya Samachar Samiti (RSS).</p> <p> The Highway Security and Traffic Directorate under the Police Headquarters had brought into operation the 'traffic communication app' from February 10 to monitor whether or not the public vehicles plying on long route have been following the rule.</p> <p> Senior Superintendent of Police Basanta Panta said the app has been brought into operation to ensure the implementation of the provision made in the Transport Management Act, 2049 BS requiring the public passenger vehicles operating on long routes to keep two drivers.</p> <p> According to RSS, the Directorate had made arrangements to access information on drivers on long routes, the bus number and the departure time through the app. The Traffic Police believes that the number of road accidents can be reduced with the operation of the app.</p> <p> Such apps have been brought into operation at Nagdhunga of Kathmandu, at Karmaiya of Sarlahi in Province-2 and at Kohalpur of Banke in Province-5.</p> <p> The public vehicles flouting this legal provision are fined Rs 1,000.</p> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9891', 'image' => '20190221013037_aaa.jpg', 'article_date' => '2019-02-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '10125', 'article_category_id' => '1', 'title' => 'Stock watch at 1 pm', 'sub_title' => '', 'summary' => 'CMP is below of today’s daily pivot and above of the current hour pivot.', 'content' => '<p> Pic. showing Nepse index of 1 hour</p> <p> </p> <p> February 21, 2<sup>nd</sup> Hour</p> <p> </p> <p> Today’s Daily Pivot (P) = 1117.737</p> <p> Current Hour Pivot (P’) = 1110.41</p> <p> Current Market Price (CMP) = 1110.68</p> <p> </p> <p> CMP is below of today’s daily pivot and above of the current hour pivot.</p> <p> </p> <p> This hour OHLC is as following:-</p> <p> O= 1110.24</p> <p> H= 1110.68</p> <p> L= 1109.87</p> <p> C= 1110.68</p> <p> </p> <p> Market turnover in the second hour (12 pm-1 pm)= Rs. 3.94 crores</p> <p> Market turnover of the previous hour (11am-12pm) = Rs. 1.64 crores</p> <p> </p> <p> The top five turn over making scrips are: </p> <p> Scrips Turnover LTP</p> <table border="0" cellpadding="0" cellspacing="0" style="width:393px;" width="393"> <tbody> <tr> <td style="height:26px;"> <p> <strong>CHLBS</strong></p> </td> <td style="height:26px;"> <p align="right"> 15,989,747.00</p> </td> <td style="height:26px;"> <p align="right"> 591.00</p> </td> </tr> <tr> <td style="height:24px;"> <p> <strong>NABIL</strong></p> </td> <td style="height:24px;"> <p align="right"> 5,414,908.00</p> </td> <td style="height:24px;"> <p align="right"> 792.00</p> </td> </tr> <tr> <td style="height:26px;"> <p> <strong>CHCL</strong></p> </td> <td style="height:26px;"> <p align="right"> 5,042,853.00</p> </td> <td style="height:26px;"> <p align="right"> 505.00</p> </td> </tr> <tr> <td style="height:26px;"> <p> <strong>NIBPO</strong></p> </td> <td style="height:26px;"> <p align="right"> 2,643,416.00</p> </td> <td style="height:26px;"> <p align="right"> 466.00</p> </td> </tr> <tr> <td style="height:24px;"> <p> <strong>NICA</strong></p> </td> <td style="height:24px;"> <p align="right"> 2,613,400.00</p> </td> <td style="height:24px;"> <p align="right"> 383.00</p> </td> </tr> </tbody> </table> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9890', 'image' => '20190221011705_1 pm stock watch 21 feb.JPG', 'article_date' => '2019-02-21 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 11 => array( 'Article' => array( 'id' => '10123', 'article_category_id' => '1', 'title' => 'LP Gas Industry Warns of Protest', 'sub_title' => '', 'summary' => 'February 21: Nepal LP Gas Industry Association has warned of a protest if their demands are not met at the earliest.', 'content' => '<p> February 21: Nepal LP Gas Industry Association has warned of a protest if their demands are not met at the earliest.</p> <p> Rastriya Samachar Samiti (RSS) reported that the association gave such warning at a press conference organised in the capital on Wednesday, February 20.</p> <p> According to RSS, the association has been demanding allowance for the operation of gas bullets with Nepali private number plates, quota determination for LP gas and uniformity in the price of cooking gas.</p> <p> Likewise, other demands include ensuring insurance for LPG-related accidents and timely amendment to the LP Gas Regulations, 2065.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9889', 'image' => '20190221122235_aaa.jpg', 'article_date' => '2019-02-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '10122', 'article_category_id' => '1', 'title' => 'Stock Watch at 12 pm', 'sub_title' => '', 'summary' => 'CMP is below of today’s daily pivot and current hour pivot.', 'content' => '<p> Pic. showing Nepse index of 1 hour</p> <p> </p> <p> February 21, 1<sup>st</sup> Hour</p> <p> </p> <p> Today’s Daily Pivot (P) = 1117.737</p> <p> Current Hour Pivot (P’) = 1111.51</p> <p> Current Market Price (CMP)= 1110.58</p> <p> </p> <p> CMP is below of today’s daily pivot and current hour pivot.</p> <p> </p> <p> This hour OHLC is as following:-</p> <p> O= 1112.21</p> <p> H= 1113.81</p> <p> L= 1110.15</p> <p> C= 1110.58</p> <p> </p> <p> Market turnover in the first hour (11am-12pm)= Rs. 1.63 crores</p> <p> </p> <p> The top five turn over making scrips are: </p> <p> Scrips Turnover LTP</p> <table border="0" cellpadding="0" cellspacing="0" style="width:492px;" width="492"> <tbody> <tr> <td> <p> <strong>CHLBS</strong></p> </td> <td> <p> 8,921,740.00</p> </td> <td> <p> 582.00</p> </td> </tr> <tr> <td> <p> <strong>NABIL</strong></p> </td> <td> <p> 1,686,100.00</p> </td> <td> <p> 790.00</p> </td> </tr> <tr> <td> <p> <strong>UPPER</strong></p> </td> <td> <p> 1,034,988.00</p> </td> <td> <p> 223.00</p> </td> </tr> <tr> <td> <p> <strong>PLIC</strong></p> </td> <td> <p> 449,060.00</p> </td> <td> <p> 446.00</p> </td> </tr> <tr> <td> <p> <strong>NLICL</strong></p> </td> <td> <p> 429,780.00</p> </td> <td> <p> 622.00</p> </td> </tr> </tbody> </table> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9888', 'image' => '20190221122611_2.jpg', 'article_date' => '2019-02-21 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 13 => array( 'Article' => array( 'id' => '10121', 'article_category_id' => '1', 'title' => 'Market Watch of February 20', 'sub_title' => '', 'summary' => 'CMP for today is 1,112.23 which is lower than daily pivot which is also lower than weekly and the monthly pivot which are 1150.98 and 1139.34 respectively which shows that Market is in Red zone.', 'content' => '<p> </p> <p> <strong>Current Market Price (CMP): </strong>1,112.23</p> <p> <strong>The</strong> <strong>pivot table for tomorrow (9<sup>th</sup> Falgun):</strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:91px;"> <p align="center"> <strong>S3</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>S2</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>S1</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>P</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>R1</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>R2</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:91px;"> <p align="center"> 1089.66</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1,100.86</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1106.543</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1117.737</p> </td> <td style="width:91px;"> <p align="center"> 1123.423</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1,134.62</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1140.30</p> <p align="center"> </p> </td> </tr> </tbody> </table> <p> </p> <p> CMP for today is 1,112.23 which is lower than daily pivot which is also lower than weekly and the monthly pivot which are 1150.98 and 1139.34 respectively which shows that Market is in Red zone.</p> <p> </p> <p> <strong>OHLC update of today: </strong></p> <p> <strong>O:</strong> 1,124.96</p> <p> <strong>H:</strong> 1,128.93</p> <p> <strong>L:</strong> 1,112.05</p> <p> <strong>C:</strong> 1,112.23</p> <p> </p> <p> <strong>Turnover table:</strong></p> <p> Today’s (8<sup>th</sup> Falgun): Rs. 16.62 Crores </p> <p> Yesterday’s (7<sup>th</sup> Falgun): Rs. 21.46 Crores</p> <p> </p> <p> <strong>Conclusion:</strong></p> <ol> <li> 1. Today market has dropped in volume as well as in index.</li> <li> 2. It seems like market is looking for saturation currently so wait and watch for next week.</li> <li> 3. Market is not ready to sell at lower price.</li> <li> 4. If some sellers are ready to sell then there is always space for new investors.</li> </ol> <p> <strong>Happy trading …………….!!!!!!!!</strong></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-20', 'modified' => '2019-02-20', 'keywords' => '', 'description' => '', 'sortorder' => '9887', 'image' => null, 'article_date' => '2019-02-20 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 14 => array( 'Article' => array( 'id' => '10114', 'article_category_id' => '1', 'title' => 'Snowfall in Dolpa for the Sixth Time', 'sub_title' => '', 'summary' => 'February 20: Dolpa district has witnessed snowfall once again. ', 'content' => '<p> February 20: Dolpa district has witnessed snowfall once again. This is the sixth time that snowfall occurred in the district this season. Tripurakot, Chal, Pahada, Karelidanda, Jufal among other places have been covered in a blanket of snow following heavy rainfall on Monday night.</p> <p> Life in Dolpa has come to a standstill due to the early morning snowfall. According to the locals, snowfall occurred continuously for two hours on Tuesday morning.</p> <p> Flights at Dopla’s Jufal Airport have been obstructed due to the snowfall. A thick layer of snow has deposited on the runway, causing cancellation of flights. Chief of the Civil Aviation Authority of Jufal Airport, Bal Kumar Singh told New Business Age that no flights from Nepalgunj have been cancelled due to the snowfall.</p> <p> The airport authorities say that they might be able to resume air service if the snow melts by Wednesday.</p> <p> </p> ', 'published' => true, 'created' => '2019-02-20', 'modified' => '2019-02-20', 'keywords' => '', 'description' => '', 'sortorder' => '9886', 'image' => '20190220014933_facebook.jpg', 'article_date' => '2019-02-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '10141', 'article_category_id' => '1', 'title' => 'Australian Embassy in Nepal Advises Students to Attend Classes Despite Crisis', 'sub_title' => '', 'summary' => 'February 22: In the wake of the crisis that Nepali students are facing in Australia, the Australian Embassy in Nepal has advised any student studying at the Australia Institute of Business and Technology (AIBT) under Brighton Pacific Pty Ltd to remain enrolled and continue to attend classes.', 'content' => '<p> February 22: In the wake of the crisis that Nepali students are facing in Australia, the Australian Embassy in Nepal has advised any student studying at the Australia Institute of Business and Technology (AIBT) under Brighton Pacific Pty Ltd to remain enrolled and continue to attend classes.</p> <p> The embassy said so in a statement arguing that the AIBT can seek review against the cancellation of the registration of its vocational education training by the Australian Skills Quality Authority (ASQA).</p> <p> The embassy advised the students to continue attending classes also to ensure that the conditions of their visa are met and their recourse to the Tuition Protection Service is assured should the provider cease delivering its courses.</p> <p> The embassy said it is aware of the February 19 decision that could have significant impacts for the hundreds of students enrolled in the institute, many of whom are Nepalese.</p> <p> According to the embassy, Brighton Pacific Pty Ltd has 28 days from February 19 (the day the provider was notified of ASQA’s decision) to seek a review of this decision by the Administrative Appeals Tribunal (AAT). </p> <p> “Brighton Pacific Ltd Pty may also seek to have ASQA’s cancellation decision stayed while the AAT determines the review. Unless Brighton Pacific Pty Ltd seeks a review and is granted a stay of ASQA’s decision, the cancellation decision will take effect from March 26, 2019,” the statement said.</p> <p> The embassy said that it would be the responsibility of AIBT to find students an alternative course or pay them a refund of their unspent tuition fees in the event that AIBT does stop operating. </p> <p> “If an alternative placement is not possible, the TPS will seek to place the institute’s students with an alternate provider or if that is not possible, consider refund of the students’ unspent tuition fees,” the statement added.</p> <p> Australia’s Department of Home Affairs would also allow a grace period of at least 28 days and up to three months for students to transfer to alternate providers before it would consider visa cancellation. Further extension may be possible on a case by case basis, the embassy further said.</p> <p> The Australian Embassy Nepal said that prospective students intending to enrol in courses in Australia should do as much research as possible on education institutions, courses of interest, costs, lifestyle in Australia and any other relevant factor, including by visiting the website www.studyinaustralia.gov.au.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '9909', 'image' => '20190222043958_adsfff.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '10138', 'article_category_id' => '1', 'title' => 'Importers Complain of High Charge at Birgunj ICP', 'sub_title' => '', 'summary' => 'February 22: Nepali importers have complained of excessive charge under various heads at the Integrated Check Post (ICP) of Birgunj, which has come into operation since one year.', 'content' => '<p> February 22: Nepali importers have complained of excessive charge under various heads at the Integrated Check Post (ICP) of Birgunj, which has come into operation since one year.</p> <p> President of the Birgunj Chamber of Commerce and Industry, Gopal Kedia, said that although the government constructed the ICP to ease trading, it has instead caused burden to the importers.</p> <p> “Importers are forced to pay extra charges for parking, entry charge, weight of the goods among others,” said Kedia, adding, “This has only increased the cost of the goods.”</p> <p> The effective utilization of the country’s main customs point still remains a far cry due to infrastructural barriers and unclear policies.</p> <p> Shyam Prasad Bhandari, chief of the Birgunj Customs Office, says that the newly-built ICP accounts for 60 percent of the total import in the region. The remaining 40 percent of the goods still enter the country from the old customs office at Inarwa of Birgunj. </p> <p> According to the importers, the ICP charges Rs 700 for importing goods in a container, Rs 428 in small vehicles and Rs 200 to 600 in a truck or lorry. A source at the ICP told New Business Age that an importer has had to pay as much as Rs 1.2 million as the charge and fine just for importing one consignment.</p> <p> Importers have also complained that the ICP is charging them customs duty at its whims. They say that they are compelled to pay for the goods on the basis of weight even for the ones which do not require weighing.</p> <p> Nepal Intermodal Transportation Development Board has been operating the ICP in the Nepali side while the Land Ports Authority of India has been given the responsibility to oversee the ICP in the Indian side. The Nepali importers complain that they have to pay unfair charges to the Indian side as well.</p> <p> Gehendra Mohan Shahi, who has been appointed by the board as the in-charge of the ICP, said that customs duty charged by the ICP is lower than that of Biratnagar and Bhairahawa.</p> <p> “The current charge has been adjusted by increasing 10 percent annually on the charge fixed 17 years ago,” said Shahi adding, “It cannot be termed as excessive charge.”</p> <p> </p> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '9906', 'image' => '20190222032625_ICP.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '10150', 'article_category_id' => '1', 'title' => 'WePOWER to Work on Five Major Areas for Increasing Women’s Participation', 'sub_title' => '', 'summary' => 'February 21: The first regional conference of Women in Power Sector Professional Network (WePOWER) concluded in Kathmandu on February 21 highlighting its key activities and goals for upcoming years especially focusing on five strategic areas—education, recruitment, development, retention, and policy and analysis for empowering women in energy and power sector.', 'content' => '<p> February 21: The first regional conference of Women in Power Sector Professional Network (WePOWER) concluded in Kathmandu on February 21 highlighting its key activities and goals for upcoming years especially focusing on five strategic areas—education, recruitment, development, retention, and policy and analysis for empowering women in energy and power sector.</p> <p> The two-day programme organised by the World Bank, with support from the Energy Sector Management Assistance Programme (ESMAP), Asian Development Bank (ADB), Australian AID and Australia Department of Foreign Affairs and Trade (DFAT) presented key activities that support in increasing and empowering female participants in energy and power sector.</p> <p> The future activities across the globe include 24 mega events and 42 internship programmes for this year in educational sector and 61 educational programmes for next year. Likewise, recruitment programme includes four different job fairs this year and five in next year along with other activities. Different study tours will be conducted for the development programme. For retention, WePOWER will be creating work environment and behavior change communication system. It will also be organizing gender-focused activities, mentorship programme, women entrepreneurship programme in different countries.</p> <p> Speaking about energy access and infrastructure development as critical elements in South Asia’s regional development strategy, Pravin Raj Aryal, joint secretary at the Ministry of Energy, Water Resources and Irrigation in Nepal said that initiatives such as WePOWER would help nurture partnerships among women professionals, leading to an increase in their engagement across the sector.</p> <p> Likewise, ADB Principal Social Development Specialist Francesco Tornieri said, “WePOWER is closely aligned with ADB’s broader long-term commitment embodied in its long-term Strategy 2030 to remove constraints that women face in finding more and better jobs.” He further said, “Although this applies to all sectors, we see the energy sector as one of the most challenging sectors.”</p> <p> Caren Grown, World Bank’s senior director for the Gender Group, added, “Women’s low participation in the sector is a constraint to gender equality and opportunities. It is imperative for men and women to have access to good quality jobs.”</p> <p> According to the organiser, WePOWER envisaged to become a vibrant and self-sustaining professional network backed by strategic partners that can provide technical and financial support.</p> <p> WePOWER expressed its belief that its programmes will be helpful in supporting, networking, and mentorship for women engineers for career advancement, research to reform policies and practices, exposure to technology, recruiting opportunities, and access to information and conferences.</p> <p> More than 250 engineers and energy-sector professionals from different local and international power utilities, energy sector organizations, and multilateral agencies represented their countries at the conference held on February 20-21.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-24', 'modified' => '2019-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '9905', 'image' => '20190224050837_aaa.jpg', 'article_date' => '2019-02-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '10137', 'article_category_id' => '1', 'title' => 'Government to Bring E-Commerce Under the Ambit of Tax', 'sub_title' => '', 'summary' => 'February 22: The government has prepared the ‘E-commerce National Strategy’ draft, which is in the final stages, to regulate the e-commerce sector of the country.', 'content' => '<p> February 22: The government has prepared the ‘E-commerce National Strategy’ draft, which is in the final stages, to regulate the e-commerce sector of the country.</p> <p> According to Nawaraj Dhakal, spokesperson at the Ministry of Industry, Commerce and Supplies, the government is working to bring the sector under the regulations to properly supervise the e-commerce platforms.</p> <p> Currently, the government doesn’t have database of the e-commerce companies operating in Nepal. According to a member of the committee formed to formulate the draft, a survey of the ministry shows that there are more than 50,000 e-commerce companies in the country.</p> <p> Currently, e-commerce platforms like eSewapasal, Daraz, Hamrobazar, Bhatbhateni, among others are digitally operating in the market. However, the government is yet to bring these platforms under the ambit of tax.</p> <p> The cabinet, two months ago, had decided to form a committee led by commerce secretary to formulate a draft to regulate the e-commerce sector. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '9904', 'image' => '20190222124837_Clipboard01-26.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '10135', 'article_category_id' => '1', 'title' => 'Stakeholders Suggest Revision of Trade Agreements with Bangladesh', 'sub_title' => '', 'summary' => 'February 22: Stakeholders have suggested that Nepal needs to revise its trade and transit-related agreements with Bangladesh to address the growing complexities between the two countries in their trade relations to benefit Nepalese exporters that see potential for their goods in the Bangladeshi market.', 'content' => '<div> February 22: Stakeholders have suggested that Nepal needs to revise its trade and transit-related agreements with Bangladesh to address the growing complexities between the two countries in their trade relations to benefit Nepalese exporters that see potential for their goods in the Bangladeshi market.</div> <div> </div> <div> Participants of an interaction programme titled "Nepal-Bangladesh Trade: Opportunity and Challenges" jointly organized by the Ministry of Industry, Commerce and Supplies (MoICS); South Asia Watch on Trade, Economics and Environment (SAWTEE) and Morang Merchant Association (MMA) in Biratnagar on Thursday, February 21 were unanimous in expressing such view.</div> <div> </div> <div> According to a statement issued by SAWTEE, president of Morang Merchant Association, Pawan Kumar Sarda, said that Nepal’s customs duty for Bangladeshi products is less compared to the tariffs imposed by the Bangladeshi government for Nepali products.</div> <div> </div> <div> In addition, Nepali products face number of non-tariff barriers in Bangladesh due to which our export to Bangladesh is in decline while Bangladesh’s export to Nepal is increasing, he added.</div> <div> </div> <div> According to Sarda, Nepal is importing goods which are domestically produced such as juice and potatoes, and suggested “we stop importing” such goods from Bangladesh. </div> <div> </div> <div> Rabi Shankar Sainju, joint secretary at the Ministry of Industry, Commerce and Supplies said that the government is in the process of renewing trade treaty with SAARC countries including Bangladesh. He said that Nepal and Bangladesh have agreed to provide preferential market access to some of their identified products, and Nepal is in the process of identifying such products to be included in the list.</div> <div> </div> <div> SAWTEE said its chairman Dr Posh Raj Panday made a presentation on Nepal-Bangladesh trade relations and avenues for collaboration. He stated that Nepal’s trade with Bangladesh takes place through Trade and Payment Agreement between Nepal and Bangladesh; Transit Agreement between Nepal and Bangladesh, and also through the regional, sub-regional and multilateral/international agreements signed by the two countries.</div> <div> </div> <div> “He pointed out that the Most Favoured Nation (MFN) treatment Nepal gets under these agreements is not adequate to address the growing trade deficit with Bangladesh. He suggested to conclude a preferential market access agreement with Bangladesh to address market access issues—including transit, para-tariff and non-tariff barriers—for exportable products and protection of domestic sector/industry,” the statement added.</div> <div> </div> <div> Participants of the interaction suggested that Province 1 can be the gateway for trade with Bangladesh due to its proximity with the neighbouring country. The participants also stressed the need to improve border customs in both sides and shortening the documentation process while exporting to Bangladesh. They also stressed the need for simplifying the visa obtaining process to go to Bangladesh without having to go to the Bangladeshi embassy in Kathmandu.</div> <div> </div> <div> According to SAWTEE, about 70 participants from Province 1 participated in the interaction.</div> <div> </div> <div> </div> <div> </div> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '9902', 'image' => '20190222123049_sawtee.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '10134', 'article_category_id' => '1', 'title' => 'ADB to Provide Subsidized Loan to Gandaki Province', 'sub_title' => '', 'summary' => 'February 22: The Agriculture Development Bank is set to provide subsidized loan to Gandaki Province without any collateral.', 'content' => '<p> February 22: The Agriculture Development Bank is set to provide subsidized loan to Gandaki Province without any collateral.</p> <p> According to Rastriya Samachar Samiti (RSS), a memorandum of understanding to this effect was signed between the Ministry of Land Management, Agriculture and Cooperative of Gandaki Province and the Pokhara-based regional office of Agriculture Development Bank on Thursday, February 21.</p> <p> The MoU states that the ADB would provide subsidized loan in the areas of agriculture and livestock without any collateral upon the recommendation of the ministry. The state-run news agency, however, did not mention the loan amount that the multinational bank would be providing.</p> <p> Secretary at the ministry, Sharad Chandra Shrestha, and the regional director of ADB, Chet Narayan Sapkota, signed the MoU.</p> <p> RSS reported that the MoU was signed to help promote commercialization of agriculture sector and thereby increase production.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '9901', 'image' => '20190222120723_aaa.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '10149', 'article_category_id' => '1', 'title' => 'Challenges and opportunities of ECTS', 'sub_title' => '', 'summary' => 'February 11: The implementation of the Electronic Cargo Tracking System (ECTS) to transport Nepal-bound cargo from India has challenges as well as opportunities, according to stakeholders.', 'content' => '<p> February 11: The implementation of the Electronic Cargo Tracking System (ECTS) to transport Nepal-bound cargo from India has challenges as well as opportunities, according to stakeholders.</p> <p> Speaking at the NewBiz Roundtable organised at the office of New Business Age on February 11, stakeholders expressed their optimism and concerns about the newly-introduced cargo transport monitoring system.</p> <p> Nepal Freight Forward Association’s president Prakash Singh Karki has said not only businessmen but all Nepalis should take benefit from the Electronic Cargo Tracking System (ECTS) implemented on the Nepal-bound goods from Indian ports. He said that the system which is in operation up to Birgunj should be extended to other parts of the country.</p> <p> Joint Secretary at the Ministry of Industry, Commerce and Supplies, Ravi Shankar Sainju, said that the new system which started from Visakhapatnam port of India is now being used in Kolkata port as well.</p> <p> He said that the ECTS would save the time and cost of Nepali importers resulting in long-term benefits. Once this system comes into operation, the importers will get rid of the problem of losing their goods in between. Joint Secretary Sainju said that the government of India and Nepal are committed in implementing this system. He further said that Nepali importers can benefit more if there is competition between different sea ports of India. According to Sainju, although there are challenges in implementing this system the concerned authorities are working together to sort out the issues.</p> <p> Director General of the Department of Customs, Toyam Raya, said that there are some challenges as the country is going to initiate a new system. But in the long run, it will prove beneficial. He further said that the customs points are being modernized to meet the standard of ECTS.</p> <p> General Secretary of Nepal Freight Forward Association Sundar Prasad Dahal said that any shipping company wishing to operate in Nepal must first get registration. At present, we are only focusing on import but we should also think of implementing this system while exporting goods.</p> <p> Naresh Kumar Agrawal, treasurer of the association, said that Nepal Rastra Bank should facilitate the importers in case there arises problems in payment by the Nepali importers.</p> <p> Likewise, former president of the association Rajan Sharma said that although ECTS is a positive initiative there should be detailed study regarding its pros and cons.</p> <p> The reduction in cost and time of the importers is not much meaningful if the consumers price don’t go down.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-24', 'modified' => '2019-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '9899', 'image' => '20190224042213_ECTS-Round-Table.jpg', 'article_date' => '2019-02-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '10130', 'article_category_id' => '1', 'title' => 'Stock Watch at 2 pm', 'sub_title' => '', 'summary' => 'CMP is below of today’s daily pivot and above of the current hour pivot.', 'content' => '<p> Pic. showing Nepse index of 1 hour</p> <p> </p> <p> February 21, 3<sup>rd</sup> Hour</p> <p> </p> <p> Today’s Daily Pivot (P) = 1117.737</p> <p> Current Hour Pivot (P’) = 1112.87</p> <p> Current Market Price (CMP)= 1114.14</p> <p> </p> <p> CMP is below of today’s daily pivot and above of the current hour pivot.</p> <p> </p> <p> This hour OHLC is as following:-</p> <p> O= 1110.67</p> <p> H= 1114.14</p> <p> L= 1110.41</p> <p> C= 1114.14</p> <p> </p> <p> Market turnover in the third hour (1 pm-2 pm)= Rs. 4.65crores</p> <p> Market turnover of the previous hour(12 pm-1 pm)= Rs. 3.94 crores</p> <p> Market turnover of the first hour (11 am-12 pm) = Rs. 1.63 crores</p> <p> The top five turn over making scrips are: </p> <p style="margin: 0in 0in 7.5pt; text-align: justify; line-height: 21.6pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;"> <span style="font-size: 15.5pt;font-family:"arial sans-serif","serif";color:#333333">Scrips Turnover LTP<o:p></o:p></span></p> <table border="0" cellpadding="0" cellspacing="0" style="width:353px;" width="353"> <tbody> <tr> <td> <p> <strong>CHLBS</strong></p> </td> <td> <p align="right"> 19,872,397.00</p> </td> <td> <p align="right"> 595.00</p> </td> </tr> <tr> <td> <p> <strong>NABIL</strong></p> </td> <td> <p align="right"> 10,619,289.00</p> </td> <td> <p align="right"> 800.00</p> </td> </tr> <tr> <td> <p> <strong>CHCL</strong></p> </td> <td> <p align="right"> 5,880,721.00</p> </td> <td> <p align="right"> 503.00</p> </td> </tr> <tr> <td> <p> <strong>NICA</strong></p> </td> <td> <p align="right"> 4,757,712.00</p> </td> <td> <p align="right"> 386.00</p> </td> </tr> <tr> <td> <p> <strong>UPPER</strong></p> </td> <td> <p align="right"> 4,291,929.00</p> </td> <td> <p align="right"> 225.00</p> </td> </tr> </tbody> </table> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9896', 'image' => '20190221021750_Capture 21 feb 3 hour.JPG', 'article_date' => '2019-02-21 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '22' ) ), (int) 8 => array( 'Article' => array( 'id' => '10124', 'article_category_id' => '1', 'title' => 'Demand to Legalize Marijuana', 'sub_title' => '', 'summary' => 'February 21: A parliamentarian of the ruling Nepal Communist Party (NCP) has demanded that the government lift the ban on marijuana.', 'content' => '<p> February 21: A parliamentarian of the ruling Nepal Communist Party (NCP) has demanded that the government lift the ban on marijuana.</p> <p> In a meeting of the House of Representatives on Wednesday, Birodh Khatiwada of NCP demanded to lift the ban on marijuana. Speaking at the House meeting, Khatiwada said that cannabis is legal in developed countries like the United States of America, Canada, Thailand, among others.</p> <p> “Why don’t we legalize cannabis in Nepal?” he questioned, adding that marijuana has been a source of income in the developed economies, while people in Nepal face legal actions for producing marijuana.</p> <p> He further added that marijuana is destroyed in Nepal but ironically Singha Durbar-based Vaidyakhana – the state-run manufacturer of Aayurvedic and herbal medicines – imports marijuana from the foreign market.</p> <p> Marijuana was legal in Nepal 40 years ago, but the herb was banned in the country in 1977 after pressure from the United States of America. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9893', 'image' => '20190221010550_adsfff.jpg', 'article_date' => '2019-02-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '10126', 'article_category_id' => '1', 'title' => 'Action Taken Against 45 Long-Route Public Vehicles not Keeping Two Drivers', 'sub_title' => '', 'summary' => 'February 21: The Metropolitan Traffic Police Division (MTPD) has taken action against the drivers of 45 public vehicles plying on long routes for flouting the provision of keeping two drivers, according to a news report published by Rastriya Samachar Samiti (RSS).', 'content' => '<p> February 21: The Metropolitan Traffic Police Division (MTPD) has taken action against the drivers of 45 public vehicles plying on long routes for flouting the provision of keeping two drivers, according to a news report published by Rastriya Samachar Samiti (RSS).</p> <p> The Highway Security and Traffic Directorate under the Police Headquarters had brought into operation the 'traffic communication app' from February 10 to monitor whether or not the public vehicles plying on long route have been following the rule.</p> <p> Senior Superintendent of Police Basanta Panta said the app has been brought into operation to ensure the implementation of the provision made in the Transport Management Act, 2049 BS requiring the public passenger vehicles operating on long routes to keep two drivers.</p> <p> According to RSS, the Directorate had made arrangements to access information on drivers on long routes, the bus number and the departure time through the app. The Traffic Police believes that the number of road accidents can be reduced with the operation of the app.</p> <p> Such apps have been brought into operation at Nagdhunga of Kathmandu, at Karmaiya of Sarlahi in Province-2 and at Kohalpur of Banke in Province-5.</p> <p> The public vehicles flouting this legal provision are fined Rs 1,000.</p> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9891', 'image' => '20190221013037_aaa.jpg', 'article_date' => '2019-02-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '10125', 'article_category_id' => '1', 'title' => 'Stock watch at 1 pm', 'sub_title' => '', 'summary' => 'CMP is below of today’s daily pivot and above of the current hour pivot.', 'content' => '<p> Pic. showing Nepse index of 1 hour</p> <p> </p> <p> February 21, 2<sup>nd</sup> Hour</p> <p> </p> <p> Today’s Daily Pivot (P) = 1117.737</p> <p> Current Hour Pivot (P’) = 1110.41</p> <p> Current Market Price (CMP) = 1110.68</p> <p> </p> <p> CMP is below of today’s daily pivot and above of the current hour pivot.</p> <p> </p> <p> This hour OHLC is as following:-</p> <p> O= 1110.24</p> <p> H= 1110.68</p> <p> L= 1109.87</p> <p> C= 1110.68</p> <p> </p> <p> Market turnover in the second hour (12 pm-1 pm)= Rs. 3.94 crores</p> <p> Market turnover of the previous hour (11am-12pm) = Rs. 1.64 crores</p> <p> </p> <p> The top five turn over making scrips are: </p> <p> Scrips Turnover LTP</p> <table border="0" cellpadding="0" cellspacing="0" style="width:393px;" width="393"> <tbody> <tr> <td style="height:26px;"> <p> <strong>CHLBS</strong></p> </td> <td style="height:26px;"> <p align="right"> 15,989,747.00</p> </td> <td style="height:26px;"> <p align="right"> 591.00</p> </td> </tr> <tr> <td style="height:24px;"> <p> <strong>NABIL</strong></p> </td> <td style="height:24px;"> <p align="right"> 5,414,908.00</p> </td> <td style="height:24px;"> <p align="right"> 792.00</p> </td> </tr> <tr> <td style="height:26px;"> <p> <strong>CHCL</strong></p> </td> <td style="height:26px;"> <p align="right"> 5,042,853.00</p> </td> <td style="height:26px;"> <p align="right"> 505.00</p> </td> </tr> <tr> <td style="height:26px;"> <p> <strong>NIBPO</strong></p> </td> <td style="height:26px;"> <p align="right"> 2,643,416.00</p> </td> <td style="height:26px;"> <p align="right"> 466.00</p> </td> </tr> <tr> <td style="height:24px;"> <p> <strong>NICA</strong></p> </td> <td style="height:24px;"> <p align="right"> 2,613,400.00</p> </td> <td style="height:24px;"> <p align="right"> 383.00</p> </td> </tr> </tbody> </table> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9890', 'image' => '20190221011705_1 pm stock watch 21 feb.JPG', 'article_date' => '2019-02-21 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 11 => array( 'Article' => array( 'id' => '10123', 'article_category_id' => '1', 'title' => 'LP Gas Industry Warns of Protest', 'sub_title' => '', 'summary' => 'February 21: Nepal LP Gas Industry Association has warned of a protest if their demands are not met at the earliest.', 'content' => '<p> February 21: Nepal LP Gas Industry Association has warned of a protest if their demands are not met at the earliest.</p> <p> Rastriya Samachar Samiti (RSS) reported that the association gave such warning at a press conference organised in the capital on Wednesday, February 20.</p> <p> According to RSS, the association has been demanding allowance for the operation of gas bullets with Nepali private number plates, quota determination for LP gas and uniformity in the price of cooking gas.</p> <p> Likewise, other demands include ensuring insurance for LPG-related accidents and timely amendment to the LP Gas Regulations, 2065.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9889', 'image' => '20190221122235_aaa.jpg', 'article_date' => '2019-02-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '10122', 'article_category_id' => '1', 'title' => 'Stock Watch at 12 pm', 'sub_title' => '', 'summary' => 'CMP is below of today’s daily pivot and current hour pivot.', 'content' => '<p> Pic. showing Nepse index of 1 hour</p> <p> </p> <p> February 21, 1<sup>st</sup> Hour</p> <p> </p> <p> Today’s Daily Pivot (P) = 1117.737</p> <p> Current Hour Pivot (P’) = 1111.51</p> <p> Current Market Price (CMP)= 1110.58</p> <p> </p> <p> CMP is below of today’s daily pivot and current hour pivot.</p> <p> </p> <p> This hour OHLC is as following:-</p> <p> O= 1112.21</p> <p> H= 1113.81</p> <p> L= 1110.15</p> <p> C= 1110.58</p> <p> </p> <p> Market turnover in the first hour (11am-12pm)= Rs. 1.63 crores</p> <p> </p> <p> The top five turn over making scrips are: </p> <p> Scrips Turnover LTP</p> <table border="0" cellpadding="0" cellspacing="0" style="width:492px;" width="492"> <tbody> <tr> <td> <p> <strong>CHLBS</strong></p> </td> <td> <p> 8,921,740.00</p> </td> <td> <p> 582.00</p> </td> </tr> <tr> <td> <p> <strong>NABIL</strong></p> </td> <td> <p> 1,686,100.00</p> </td> <td> <p> 790.00</p> </td> </tr> <tr> <td> <p> <strong>UPPER</strong></p> </td> <td> <p> 1,034,988.00</p> </td> <td> <p> 223.00</p> </td> </tr> <tr> <td> <p> <strong>PLIC</strong></p> </td> <td> <p> 449,060.00</p> </td> <td> <p> 446.00</p> </td> </tr> <tr> <td> <p> <strong>NLICL</strong></p> </td> <td> <p> 429,780.00</p> </td> <td> <p> 622.00</p> </td> </tr> </tbody> </table> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9888', 'image' => '20190221122611_2.jpg', 'article_date' => '2019-02-21 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 13 => array( 'Article' => array( 'id' => '10121', 'article_category_id' => '1', 'title' => 'Market Watch of February 20', 'sub_title' => '', 'summary' => 'CMP for today is 1,112.23 which is lower than daily pivot which is also lower than weekly and the monthly pivot which are 1150.98 and 1139.34 respectively which shows that Market is in Red zone.', 'content' => '<p> </p> <p> <strong>Current Market Price (CMP): </strong>1,112.23</p> <p> <strong>The</strong> <strong>pivot table for tomorrow (9<sup>th</sup> Falgun):</strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:91px;"> <p align="center"> <strong>S3</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>S2</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>S1</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>P</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>R1</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>R2</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:91px;"> <p align="center"> 1089.66</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1,100.86</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1106.543</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1117.737</p> </td> <td style="width:91px;"> <p align="center"> 1123.423</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1,134.62</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1140.30</p> <p align="center"> </p> </td> </tr> </tbody> </table> <p> </p> <p> CMP for today is 1,112.23 which is lower than daily pivot which is also lower than weekly and the monthly pivot which are 1150.98 and 1139.34 respectively which shows that Market is in Red zone.</p> <p> </p> <p> <strong>OHLC update of today: </strong></p> <p> <strong>O:</strong> 1,124.96</p> <p> <strong>H:</strong> 1,128.93</p> <p> <strong>L:</strong> 1,112.05</p> <p> <strong>C:</strong> 1,112.23</p> <p> </p> <p> <strong>Turnover table:</strong></p> <p> Today’s (8<sup>th</sup> Falgun): Rs. 16.62 Crores </p> <p> Yesterday’s (7<sup>th</sup> Falgun): Rs. 21.46 Crores</p> <p> </p> <p> <strong>Conclusion:</strong></p> <ol> <li> 1. Today market has dropped in volume as well as in index.</li> <li> 2. It seems like market is looking for saturation currently so wait and watch for next week.</li> <li> 3. Market is not ready to sell at lower price.</li> <li> 4. If some sellers are ready to sell then there is always space for new investors.</li> </ol> <p> <strong>Happy trading …………….!!!!!!!!</strong></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-20', 'modified' => '2019-02-20', 'keywords' => '', 'description' => '', 'sortorder' => '9887', 'image' => null, 'article_date' => '2019-02-20 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 14 => array( 'Article' => array( 'id' => '10114', 'article_category_id' => '1', 'title' => 'Snowfall in Dolpa for the Sixth Time', 'sub_title' => '', 'summary' => 'February 20: Dolpa district has witnessed snowfall once again. ', 'content' => '<p> February 20: Dolpa district has witnessed snowfall once again. This is the sixth time that snowfall occurred in the district this season. Tripurakot, Chal, Pahada, Karelidanda, Jufal among other places have been covered in a blanket of snow following heavy rainfall on Monday night.</p> <p> Life in Dolpa has come to a standstill due to the early morning snowfall. According to the locals, snowfall occurred continuously for two hours on Tuesday morning.</p> <p> Flights at Dopla’s Jufal Airport have been obstructed due to the snowfall. A thick layer of snow has deposited on the runway, causing cancellation of flights. Chief of the Civil Aviation Authority of Jufal Airport, Bal Kumar Singh told New Business Age that no flights from Nepalgunj have been cancelled due to the snowfall.</p> <p> The airport authorities say that they might be able to resume air service if the snow melts by Wednesday.</p> <p> </p> ', 'published' => true, 'created' => '2019-02-20', 'modified' => '2019-02-20', 'keywords' => '', 'description' => '', 'sortorder' => '9886', 'image' => '20190220014933_facebook.jpg', 'article_date' => '2019-02-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '10141', 'article_category_id' => '1', 'title' => 'Australian Embassy in Nepal Advises Students to Attend Classes Despite Crisis', 'sub_title' => '', 'summary' => 'February 22: In the wake of the crisis that Nepali students are facing in Australia, the Australian Embassy in Nepal has advised any student studying at the Australia Institute of Business and Technology (AIBT) under Brighton Pacific Pty Ltd to remain enrolled and continue to attend classes.', 'content' => '<p> February 22: In the wake of the crisis that Nepali students are facing in Australia, the Australian Embassy in Nepal has advised any student studying at the Australia Institute of Business and Technology (AIBT) under Brighton Pacific Pty Ltd to remain enrolled and continue to attend classes.</p> <p> The embassy said so in a statement arguing that the AIBT can seek review against the cancellation of the registration of its vocational education training by the Australian Skills Quality Authority (ASQA).</p> <p> The embassy advised the students to continue attending classes also to ensure that the conditions of their visa are met and their recourse to the Tuition Protection Service is assured should the provider cease delivering its courses.</p> <p> The embassy said it is aware of the February 19 decision that could have significant impacts for the hundreds of students enrolled in the institute, many of whom are Nepalese.</p> <p> According to the embassy, Brighton Pacific Pty Ltd has 28 days from February 19 (the day the provider was notified of ASQA’s decision) to seek a review of this decision by the Administrative Appeals Tribunal (AAT). </p> <p> “Brighton Pacific Ltd Pty may also seek to have ASQA’s cancellation decision stayed while the AAT determines the review. Unless Brighton Pacific Pty Ltd seeks a review and is granted a stay of ASQA’s decision, the cancellation decision will take effect from March 26, 2019,” the statement said.</p> <p> The embassy said that it would be the responsibility of AIBT to find students an alternative course or pay them a refund of their unspent tuition fees in the event that AIBT does stop operating. </p> <p> “If an alternative placement is not possible, the TPS will seek to place the institute’s students with an alternate provider or if that is not possible, consider refund of the students’ unspent tuition fees,” the statement added.</p> <p> Australia’s Department of Home Affairs would also allow a grace period of at least 28 days and up to three months for students to transfer to alternate providers before it would consider visa cancellation. Further extension may be possible on a case by case basis, the embassy further said.</p> <p> The Australian Embassy Nepal said that prospective students intending to enrol in courses in Australia should do as much research as possible on education institutions, courses of interest, costs, lifestyle in Australia and any other relevant factor, including by visiting the website www.studyinaustralia.gov.au.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '9909', 'image' => '20190222043958_adsfff.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '10138', 'article_category_id' => '1', 'title' => 'Importers Complain of High Charge at Birgunj ICP', 'sub_title' => '', 'summary' => 'February 22: Nepali importers have complained of excessive charge under various heads at the Integrated Check Post (ICP) of Birgunj, which has come into operation since one year.', 'content' => '<p> February 22: Nepali importers have complained of excessive charge under various heads at the Integrated Check Post (ICP) of Birgunj, which has come into operation since one year.</p> <p> President of the Birgunj Chamber of Commerce and Industry, Gopal Kedia, said that although the government constructed the ICP to ease trading, it has instead caused burden to the importers.</p> <p> “Importers are forced to pay extra charges for parking, entry charge, weight of the goods among others,” said Kedia, adding, “This has only increased the cost of the goods.”</p> <p> The effective utilization of the country’s main customs point still remains a far cry due to infrastructural barriers and unclear policies.</p> <p> Shyam Prasad Bhandari, chief of the Birgunj Customs Office, says that the newly-built ICP accounts for 60 percent of the total import in the region. The remaining 40 percent of the goods still enter the country from the old customs office at Inarwa of Birgunj. </p> <p> According to the importers, the ICP charges Rs 700 for importing goods in a container, Rs 428 in small vehicles and Rs 200 to 600 in a truck or lorry. A source at the ICP told New Business Age that an importer has had to pay as much as Rs 1.2 million as the charge and fine just for importing one consignment.</p> <p> Importers have also complained that the ICP is charging them customs duty at its whims. They say that they are compelled to pay for the goods on the basis of weight even for the ones which do not require weighing.</p> <p> Nepal Intermodal Transportation Development Board has been operating the ICP in the Nepali side while the Land Ports Authority of India has been given the responsibility to oversee the ICP in the Indian side. The Nepali importers complain that they have to pay unfair charges to the Indian side as well.</p> <p> Gehendra Mohan Shahi, who has been appointed by the board as the in-charge of the ICP, said that customs duty charged by the ICP is lower than that of Biratnagar and Bhairahawa.</p> <p> “The current charge has been adjusted by increasing 10 percent annually on the charge fixed 17 years ago,” said Shahi adding, “It cannot be termed as excessive charge.”</p> <p> </p> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '9906', 'image' => '20190222032625_ICP.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '10150', 'article_category_id' => '1', 'title' => 'WePOWER to Work on Five Major Areas for Increasing Women’s Participation', 'sub_title' => '', 'summary' => 'February 21: The first regional conference of Women in Power Sector Professional Network (WePOWER) concluded in Kathmandu on February 21 highlighting its key activities and goals for upcoming years especially focusing on five strategic areas—education, recruitment, development, retention, and policy and analysis for empowering women in energy and power sector.', 'content' => '<p> February 21: The first regional conference of Women in Power Sector Professional Network (WePOWER) concluded in Kathmandu on February 21 highlighting its key activities and goals for upcoming years especially focusing on five strategic areas—education, recruitment, development, retention, and policy and analysis for empowering women in energy and power sector.</p> <p> The two-day programme organised by the World Bank, with support from the Energy Sector Management Assistance Programme (ESMAP), Asian Development Bank (ADB), Australian AID and Australia Department of Foreign Affairs and Trade (DFAT) presented key activities that support in increasing and empowering female participants in energy and power sector.</p> <p> The future activities across the globe include 24 mega events and 42 internship programmes for this year in educational sector and 61 educational programmes for next year. Likewise, recruitment programme includes four different job fairs this year and five in next year along with other activities. Different study tours will be conducted for the development programme. For retention, WePOWER will be creating work environment and behavior change communication system. It will also be organizing gender-focused activities, mentorship programme, women entrepreneurship programme in different countries.</p> <p> Speaking about energy access and infrastructure development as critical elements in South Asia’s regional development strategy, Pravin Raj Aryal, joint secretary at the Ministry of Energy, Water Resources and Irrigation in Nepal said that initiatives such as WePOWER would help nurture partnerships among women professionals, leading to an increase in their engagement across the sector.</p> <p> Likewise, ADB Principal Social Development Specialist Francesco Tornieri said, “WePOWER is closely aligned with ADB’s broader long-term commitment embodied in its long-term Strategy 2030 to remove constraints that women face in finding more and better jobs.” He further said, “Although this applies to all sectors, we see the energy sector as one of the most challenging sectors.”</p> <p> Caren Grown, World Bank’s senior director for the Gender Group, added, “Women’s low participation in the sector is a constraint to gender equality and opportunities. It is imperative for men and women to have access to good quality jobs.”</p> <p> According to the organiser, WePOWER envisaged to become a vibrant and self-sustaining professional network backed by strategic partners that can provide technical and financial support.</p> <p> WePOWER expressed its belief that its programmes will be helpful in supporting, networking, and mentorship for women engineers for career advancement, research to reform policies and practices, exposure to technology, recruiting opportunities, and access to information and conferences.</p> <p> More than 250 engineers and energy-sector professionals from different local and international power utilities, energy sector organizations, and multilateral agencies represented their countries at the conference held on February 20-21.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-24', 'modified' => '2019-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '9905', 'image' => '20190224050837_aaa.jpg', 'article_date' => '2019-02-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '10137', 'article_category_id' => '1', 'title' => 'Government to Bring E-Commerce Under the Ambit of Tax', 'sub_title' => '', 'summary' => 'February 22: The government has prepared the ‘E-commerce National Strategy’ draft, which is in the final stages, to regulate the e-commerce sector of the country.', 'content' => '<p> February 22: The government has prepared the ‘E-commerce National Strategy’ draft, which is in the final stages, to regulate the e-commerce sector of the country.</p> <p> According to Nawaraj Dhakal, spokesperson at the Ministry of Industry, Commerce and Supplies, the government is working to bring the sector under the regulations to properly supervise the e-commerce platforms.</p> <p> Currently, the government doesn’t have database of the e-commerce companies operating in Nepal. According to a member of the committee formed to formulate the draft, a survey of the ministry shows that there are more than 50,000 e-commerce companies in the country.</p> <p> Currently, e-commerce platforms like eSewapasal, Daraz, Hamrobazar, Bhatbhateni, among others are digitally operating in the market. However, the government is yet to bring these platforms under the ambit of tax.</p> <p> The cabinet, two months ago, had decided to form a committee led by commerce secretary to formulate a draft to regulate the e-commerce sector. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '9904', 'image' => '20190222124837_Clipboard01-26.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '10135', 'article_category_id' => '1', 'title' => 'Stakeholders Suggest Revision of Trade Agreements with Bangladesh', 'sub_title' => '', 'summary' => 'February 22: Stakeholders have suggested that Nepal needs to revise its trade and transit-related agreements with Bangladesh to address the growing complexities between the two countries in their trade relations to benefit Nepalese exporters that see potential for their goods in the Bangladeshi market.', 'content' => '<div> February 22: Stakeholders have suggested that Nepal needs to revise its trade and transit-related agreements with Bangladesh to address the growing complexities between the two countries in their trade relations to benefit Nepalese exporters that see potential for their goods in the Bangladeshi market.</div> <div> </div> <div> Participants of an interaction programme titled "Nepal-Bangladesh Trade: Opportunity and Challenges" jointly organized by the Ministry of Industry, Commerce and Supplies (MoICS); South Asia Watch on Trade, Economics and Environment (SAWTEE) and Morang Merchant Association (MMA) in Biratnagar on Thursday, February 21 were unanimous in expressing such view.</div> <div> </div> <div> According to a statement issued by SAWTEE, president of Morang Merchant Association, Pawan Kumar Sarda, said that Nepal’s customs duty for Bangladeshi products is less compared to the tariffs imposed by the Bangladeshi government for Nepali products.</div> <div> </div> <div> In addition, Nepali products face number of non-tariff barriers in Bangladesh due to which our export to Bangladesh is in decline while Bangladesh’s export to Nepal is increasing, he added.</div> <div> </div> <div> According to Sarda, Nepal is importing goods which are domestically produced such as juice and potatoes, and suggested “we stop importing” such goods from Bangladesh. </div> <div> </div> <div> Rabi Shankar Sainju, joint secretary at the Ministry of Industry, Commerce and Supplies said that the government is in the process of renewing trade treaty with SAARC countries including Bangladesh. He said that Nepal and Bangladesh have agreed to provide preferential market access to some of their identified products, and Nepal is in the process of identifying such products to be included in the list.</div> <div> </div> <div> SAWTEE said its chairman Dr Posh Raj Panday made a presentation on Nepal-Bangladesh trade relations and avenues for collaboration. He stated that Nepal’s trade with Bangladesh takes place through Trade and Payment Agreement between Nepal and Bangladesh; Transit Agreement between Nepal and Bangladesh, and also through the regional, sub-regional and multilateral/international agreements signed by the two countries.</div> <div> </div> <div> “He pointed out that the Most Favoured Nation (MFN) treatment Nepal gets under these agreements is not adequate to address the growing trade deficit with Bangladesh. He suggested to conclude a preferential market access agreement with Bangladesh to address market access issues—including transit, para-tariff and non-tariff barriers—for exportable products and protection of domestic sector/industry,” the statement added.</div> <div> </div> <div> Participants of the interaction suggested that Province 1 can be the gateway for trade with Bangladesh due to its proximity with the neighbouring country. The participants also stressed the need to improve border customs in both sides and shortening the documentation process while exporting to Bangladesh. They also stressed the need for simplifying the visa obtaining process to go to Bangladesh without having to go to the Bangladeshi embassy in Kathmandu.</div> <div> </div> <div> According to SAWTEE, about 70 participants from Province 1 participated in the interaction.</div> <div> </div> <div> </div> <div> </div> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '9902', 'image' => '20190222123049_sawtee.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '10134', 'article_category_id' => '1', 'title' => 'ADB to Provide Subsidized Loan to Gandaki Province', 'sub_title' => '', 'summary' => 'February 22: The Agriculture Development Bank is set to provide subsidized loan to Gandaki Province without any collateral.', 'content' => '<p> February 22: The Agriculture Development Bank is set to provide subsidized loan to Gandaki Province without any collateral.</p> <p> According to Rastriya Samachar Samiti (RSS), a memorandum of understanding to this effect was signed between the Ministry of Land Management, Agriculture and Cooperative of Gandaki Province and the Pokhara-based regional office of Agriculture Development Bank on Thursday, February 21.</p> <p> The MoU states that the ADB would provide subsidized loan in the areas of agriculture and livestock without any collateral upon the recommendation of the ministry. The state-run news agency, however, did not mention the loan amount that the multinational bank would be providing.</p> <p> Secretary at the ministry, Sharad Chandra Shrestha, and the regional director of ADB, Chet Narayan Sapkota, signed the MoU.</p> <p> RSS reported that the MoU was signed to help promote commercialization of agriculture sector and thereby increase production.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '9901', 'image' => '20190222120723_aaa.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '10149', 'article_category_id' => '1', 'title' => 'Challenges and opportunities of ECTS', 'sub_title' => '', 'summary' => 'February 11: The implementation of the Electronic Cargo Tracking System (ECTS) to transport Nepal-bound cargo from India has challenges as well as opportunities, according to stakeholders.', 'content' => '<p> February 11: The implementation of the Electronic Cargo Tracking System (ECTS) to transport Nepal-bound cargo from India has challenges as well as opportunities, according to stakeholders.</p> <p> Speaking at the NewBiz Roundtable organised at the office of New Business Age on February 11, stakeholders expressed their optimism and concerns about the newly-introduced cargo transport monitoring system.</p> <p> Nepal Freight Forward Association’s president Prakash Singh Karki has said not only businessmen but all Nepalis should take benefit from the Electronic Cargo Tracking System (ECTS) implemented on the Nepal-bound goods from Indian ports. He said that the system which is in operation up to Birgunj should be extended to other parts of the country.</p> <p> Joint Secretary at the Ministry of Industry, Commerce and Supplies, Ravi Shankar Sainju, said that the new system which started from Visakhapatnam port of India is now being used in Kolkata port as well.</p> <p> He said that the ECTS would save the time and cost of Nepali importers resulting in long-term benefits. Once this system comes into operation, the importers will get rid of the problem of losing their goods in between. Joint Secretary Sainju said that the government of India and Nepal are committed in implementing this system. He further said that Nepali importers can benefit more if there is competition between different sea ports of India. According to Sainju, although there are challenges in implementing this system the concerned authorities are working together to sort out the issues.</p> <p> Director General of the Department of Customs, Toyam Raya, said that there are some challenges as the country is going to initiate a new system. But in the long run, it will prove beneficial. He further said that the customs points are being modernized to meet the standard of ECTS.</p> <p> General Secretary of Nepal Freight Forward Association Sundar Prasad Dahal said that any shipping company wishing to operate in Nepal must first get registration. At present, we are only focusing on import but we should also think of implementing this system while exporting goods.</p> <p> Naresh Kumar Agrawal, treasurer of the association, said that Nepal Rastra Bank should facilitate the importers in case there arises problems in payment by the Nepali importers.</p> <p> Likewise, former president of the association Rajan Sharma said that although ECTS is a positive initiative there should be detailed study regarding its pros and cons.</p> <p> The reduction in cost and time of the importers is not much meaningful if the consumers price don’t go down.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-24', 'modified' => '2019-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '9899', 'image' => '20190224042213_ECTS-Round-Table.jpg', 'article_date' => '2019-02-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '10130', 'article_category_id' => '1', 'title' => 'Stock Watch at 2 pm', 'sub_title' => '', 'summary' => 'CMP is below of today’s daily pivot and above of the current hour pivot.', 'content' => '<p> Pic. showing Nepse index of 1 hour</p> <p> </p> <p> February 21, 3<sup>rd</sup> Hour</p> <p> </p> <p> Today’s Daily Pivot (P) = 1117.737</p> <p> Current Hour Pivot (P’) = 1112.87</p> <p> Current Market Price (CMP)= 1114.14</p> <p> </p> <p> CMP is below of today’s daily pivot and above of the current hour pivot.</p> <p> </p> <p> This hour OHLC is as following:-</p> <p> O= 1110.67</p> <p> H= 1114.14</p> <p> L= 1110.41</p> <p> C= 1114.14</p> <p> </p> <p> Market turnover in the third hour (1 pm-2 pm)= Rs. 4.65crores</p> <p> Market turnover of the previous hour(12 pm-1 pm)= Rs. 3.94 crores</p> <p> Market turnover of the first hour (11 am-12 pm) = Rs. 1.63 crores</p> <p> The top five turn over making scrips are: </p> <p style="margin: 0in 0in 7.5pt; text-align: justify; line-height: 21.6pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;"> <span style="font-size: 15.5pt;font-family:"arial sans-serif","serif";color:#333333">Scrips Turnover LTP<o:p></o:p></span></p> <table border="0" cellpadding="0" cellspacing="0" style="width:353px;" width="353"> <tbody> <tr> <td> <p> <strong>CHLBS</strong></p> </td> <td> <p align="right"> 19,872,397.00</p> </td> <td> <p align="right"> 595.00</p> </td> </tr> <tr> <td> <p> <strong>NABIL</strong></p> </td> <td> <p align="right"> 10,619,289.00</p> </td> <td> <p align="right"> 800.00</p> </td> </tr> <tr> <td> <p> <strong>CHCL</strong></p> </td> <td> <p align="right"> 5,880,721.00</p> </td> <td> <p align="right"> 503.00</p> </td> </tr> <tr> <td> <p> <strong>NICA</strong></p> </td> <td> <p align="right"> 4,757,712.00</p> </td> <td> <p align="right"> 386.00</p> </td> </tr> <tr> <td> <p> <strong>UPPER</strong></p> </td> <td> <p align="right"> 4,291,929.00</p> </td> <td> <p align="right"> 225.00</p> </td> </tr> </tbody> </table> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9896', 'image' => '20190221021750_Capture 21 feb 3 hour.JPG', 'article_date' => '2019-02-21 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '22' ) ), (int) 8 => array( 'Article' => array( 'id' => '10124', 'article_category_id' => '1', 'title' => 'Demand to Legalize Marijuana', 'sub_title' => '', 'summary' => 'February 21: A parliamentarian of the ruling Nepal Communist Party (NCP) has demanded that the government lift the ban on marijuana.', 'content' => '<p> February 21: A parliamentarian of the ruling Nepal Communist Party (NCP) has demanded that the government lift the ban on marijuana.</p> <p> In a meeting of the House of Representatives on Wednesday, Birodh Khatiwada of NCP demanded to lift the ban on marijuana. Speaking at the House meeting, Khatiwada said that cannabis is legal in developed countries like the United States of America, Canada, Thailand, among others.</p> <p> “Why don’t we legalize cannabis in Nepal?” he questioned, adding that marijuana has been a source of income in the developed economies, while people in Nepal face legal actions for producing marijuana.</p> <p> He further added that marijuana is destroyed in Nepal but ironically Singha Durbar-based Vaidyakhana – the state-run manufacturer of Aayurvedic and herbal medicines – imports marijuana from the foreign market.</p> <p> Marijuana was legal in Nepal 40 years ago, but the herb was banned in the country in 1977 after pressure from the United States of America. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9893', 'image' => '20190221010550_adsfff.jpg', 'article_date' => '2019-02-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '10126', 'article_category_id' => '1', 'title' => 'Action Taken Against 45 Long-Route Public Vehicles not Keeping Two Drivers', 'sub_title' => '', 'summary' => 'February 21: The Metropolitan Traffic Police Division (MTPD) has taken action against the drivers of 45 public vehicles plying on long routes for flouting the provision of keeping two drivers, according to a news report published by Rastriya Samachar Samiti (RSS).', 'content' => '<p> February 21: The Metropolitan Traffic Police Division (MTPD) has taken action against the drivers of 45 public vehicles plying on long routes for flouting the provision of keeping two drivers, according to a news report published by Rastriya Samachar Samiti (RSS).</p> <p> The Highway Security and Traffic Directorate under the Police Headquarters had brought into operation the 'traffic communication app' from February 10 to monitor whether or not the public vehicles plying on long route have been following the rule.</p> <p> Senior Superintendent of Police Basanta Panta said the app has been brought into operation to ensure the implementation of the provision made in the Transport Management Act, 2049 BS requiring the public passenger vehicles operating on long routes to keep two drivers.</p> <p> According to RSS, the Directorate had made arrangements to access information on drivers on long routes, the bus number and the departure time through the app. The Traffic Police believes that the number of road accidents can be reduced with the operation of the app.</p> <p> Such apps have been brought into operation at Nagdhunga of Kathmandu, at Karmaiya of Sarlahi in Province-2 and at Kohalpur of Banke in Province-5.</p> <p> The public vehicles flouting this legal provision are fined Rs 1,000.</p> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9891', 'image' => '20190221013037_aaa.jpg', 'article_date' => '2019-02-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '10125', 'article_category_id' => '1', 'title' => 'Stock watch at 1 pm', 'sub_title' => '', 'summary' => 'CMP is below of today’s daily pivot and above of the current hour pivot.', 'content' => '<p> Pic. showing Nepse index of 1 hour</p> <p> </p> <p> February 21, 2<sup>nd</sup> Hour</p> <p> </p> <p> Today’s Daily Pivot (P) = 1117.737</p> <p> Current Hour Pivot (P’) = 1110.41</p> <p> Current Market Price (CMP) = 1110.68</p> <p> </p> <p> CMP is below of today’s daily pivot and above of the current hour pivot.</p> <p> </p> <p> This hour OHLC is as following:-</p> <p> O= 1110.24</p> <p> H= 1110.68</p> <p> L= 1109.87</p> <p> C= 1110.68</p> <p> </p> <p> Market turnover in the second hour (12 pm-1 pm)= Rs. 3.94 crores</p> <p> Market turnover of the previous hour (11am-12pm) = Rs. 1.64 crores</p> <p> </p> <p> The top five turn over making scrips are: </p> <p> Scrips Turnover LTP</p> <table border="0" cellpadding="0" cellspacing="0" style="width:393px;" width="393"> <tbody> <tr> <td style="height:26px;"> <p> <strong>CHLBS</strong></p> </td> <td style="height:26px;"> <p align="right"> 15,989,747.00</p> </td> <td style="height:26px;"> <p align="right"> 591.00</p> </td> </tr> <tr> <td style="height:24px;"> <p> <strong>NABIL</strong></p> </td> <td style="height:24px;"> <p align="right"> 5,414,908.00</p> </td> <td style="height:24px;"> <p align="right"> 792.00</p> </td> </tr> <tr> <td style="height:26px;"> <p> <strong>CHCL</strong></p> </td> <td style="height:26px;"> <p align="right"> 5,042,853.00</p> </td> <td style="height:26px;"> <p align="right"> 505.00</p> </td> </tr> <tr> <td style="height:26px;"> <p> <strong>NIBPO</strong></p> </td> <td style="height:26px;"> <p align="right"> 2,643,416.00</p> </td> <td style="height:26px;"> <p align="right"> 466.00</p> </td> </tr> <tr> <td style="height:24px;"> <p> <strong>NICA</strong></p> </td> <td style="height:24px;"> <p align="right"> 2,613,400.00</p> </td> <td style="height:24px;"> <p align="right"> 383.00</p> </td> </tr> </tbody> </table> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9890', 'image' => '20190221011705_1 pm stock watch 21 feb.JPG', 'article_date' => '2019-02-21 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 11 => array( 'Article' => array( 'id' => '10123', 'article_category_id' => '1', 'title' => 'LP Gas Industry Warns of Protest', 'sub_title' => '', 'summary' => 'February 21: Nepal LP Gas Industry Association has warned of a protest if their demands are not met at the earliest.', 'content' => '<p> February 21: Nepal LP Gas Industry Association has warned of a protest if their demands are not met at the earliest.</p> <p> Rastriya Samachar Samiti (RSS) reported that the association gave such warning at a press conference organised in the capital on Wednesday, February 20.</p> <p> According to RSS, the association has been demanding allowance for the operation of gas bullets with Nepali private number plates, quota determination for LP gas and uniformity in the price of cooking gas.</p> <p> Likewise, other demands include ensuring insurance for LPG-related accidents and timely amendment to the LP Gas Regulations, 2065.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9889', 'image' => '20190221122235_aaa.jpg', 'article_date' => '2019-02-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '10122', 'article_category_id' => '1', 'title' => 'Stock Watch at 12 pm', 'sub_title' => '', 'summary' => 'CMP is below of today’s daily pivot and current hour pivot.', 'content' => '<p> Pic. showing Nepse index of 1 hour</p> <p> </p> <p> February 21, 1<sup>st</sup> Hour</p> <p> </p> <p> Today’s Daily Pivot (P) = 1117.737</p> <p> Current Hour Pivot (P’) = 1111.51</p> <p> Current Market Price (CMP)= 1110.58</p> <p> </p> <p> CMP is below of today’s daily pivot and current hour pivot.</p> <p> </p> <p> This hour OHLC is as following:-</p> <p> O= 1112.21</p> <p> H= 1113.81</p> <p> L= 1110.15</p> <p> C= 1110.58</p> <p> </p> <p> Market turnover in the first hour (11am-12pm)= Rs. 1.63 crores</p> <p> </p> <p> The top five turn over making scrips are: </p> <p> Scrips Turnover LTP</p> <table border="0" cellpadding="0" cellspacing="0" style="width:492px;" width="492"> <tbody> <tr> <td> <p> <strong>CHLBS</strong></p> </td> <td> <p> 8,921,740.00</p> </td> <td> <p> 582.00</p> </td> </tr> <tr> <td> <p> <strong>NABIL</strong></p> </td> <td> <p> 1,686,100.00</p> </td> <td> <p> 790.00</p> </td> </tr> <tr> <td> <p> <strong>UPPER</strong></p> </td> <td> <p> 1,034,988.00</p> </td> <td> <p> 223.00</p> </td> </tr> <tr> <td> <p> <strong>PLIC</strong></p> </td> <td> <p> 449,060.00</p> </td> <td> <p> 446.00</p> </td> </tr> <tr> <td> <p> <strong>NLICL</strong></p> </td> <td> <p> 429,780.00</p> </td> <td> <p> 622.00</p> </td> </tr> </tbody> </table> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9888', 'image' => '20190221122611_2.jpg', 'article_date' => '2019-02-21 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 13 => array( 'Article' => array( 'id' => '10121', 'article_category_id' => '1', 'title' => 'Market Watch of February 20', 'sub_title' => '', 'summary' => 'CMP for today is 1,112.23 which is lower than daily pivot which is also lower than weekly and the monthly pivot which are 1150.98 and 1139.34 respectively which shows that Market is in Red zone.', 'content' => '<p> </p> <p> <strong>Current Market Price (CMP): </strong>1,112.23</p> <p> <strong>The</strong> <strong>pivot table for tomorrow (9<sup>th</sup> Falgun):</strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:91px;"> <p align="center"> <strong>S3</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>S2</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>S1</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>P</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>R1</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>R2</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:91px;"> <p align="center"> 1089.66</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1,100.86</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1106.543</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1117.737</p> </td> <td style="width:91px;"> <p align="center"> 1123.423</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1,134.62</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1140.30</p> <p align="center"> </p> </td> </tr> </tbody> </table> <p> </p> <p> CMP for today is 1,112.23 which is lower than daily pivot which is also lower than weekly and the monthly pivot which are 1150.98 and 1139.34 respectively which shows that Market is in Red zone.</p> <p> </p> <p> <strong>OHLC update of today: </strong></p> <p> <strong>O:</strong> 1,124.96</p> <p> <strong>H:</strong> 1,128.93</p> <p> <strong>L:</strong> 1,112.05</p> <p> <strong>C:</strong> 1,112.23</p> <p> </p> <p> <strong>Turnover table:</strong></p> <p> Today’s (8<sup>th</sup> Falgun): Rs. 16.62 Crores </p> <p> Yesterday’s (7<sup>th</sup> Falgun): Rs. 21.46 Crores</p> <p> </p> <p> <strong>Conclusion:</strong></p> <ol> <li> 1. Today market has dropped in volume as well as in index.</li> <li> 2. It seems like market is looking for saturation currently so wait and watch for next week.</li> <li> 3. Market is not ready to sell at lower price.</li> <li> 4. If some sellers are ready to sell then there is always space for new investors.</li> </ol> <p> <strong>Happy trading …………….!!!!!!!!</strong></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-20', 'modified' => '2019-02-20', 'keywords' => '', 'description' => '', 'sortorder' => '9887', 'image' => null, 'article_date' => '2019-02-20 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 14 => array( 'Article' => array( 'id' => '10114', 'article_category_id' => '1', 'title' => 'Snowfall in Dolpa for the Sixth Time', 'sub_title' => '', 'summary' => 'February 20: Dolpa district has witnessed snowfall once again. ', 'content' => '<p> February 20: Dolpa district has witnessed snowfall once again. This is the sixth time that snowfall occurred in the district this season. Tripurakot, Chal, Pahada, Karelidanda, Jufal among other places have been covered in a blanket of snow following heavy rainfall on Monday night.</p> <p> Life in Dolpa has come to a standstill due to the early morning snowfall. According to the locals, snowfall occurred continuously for two hours on Tuesday morning.</p> <p> Flights at Dopla’s Jufal Airport have been obstructed due to the snowfall. A thick layer of snow has deposited on the runway, causing cancellation of flights. Chief of the Civil Aviation Authority of Jufal Airport, Bal Kumar Singh told New Business Age that no flights from Nepalgunj have been cancelled due to the snowfall.</p> <p> The airport authorities say that they might be able to resume air service if the snow melts by Wednesday.</p> <p> </p> ', 'published' => true, 'created' => '2019-02-20', 'modified' => '2019-02-20', 'keywords' => '', 'description' => '', 'sortorder' => '9886', 'image' => '20190220014933_facebook.jpg', 'article_date' => '2019-02-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, '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
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '10141', 'article_category_id' => '1', 'title' => 'Australian Embassy in Nepal Advises Students to Attend Classes Despite Crisis', 'sub_title' => '', 'summary' => 'February 22: In the wake of the crisis that Nepali students are facing in Australia, the Australian Embassy in Nepal has advised any student studying at the Australia Institute of Business and Technology (AIBT) under Brighton Pacific Pty Ltd to remain enrolled and continue to attend classes.', 'content' => '<p> February 22: In the wake of the crisis that Nepali students are facing in Australia, the Australian Embassy in Nepal has advised any student studying at the Australia Institute of Business and Technology (AIBT) under Brighton Pacific Pty Ltd to remain enrolled and continue to attend classes.</p> <p> The embassy said so in a statement arguing that the AIBT can seek review against the cancellation of the registration of its vocational education training by the Australian Skills Quality Authority (ASQA).</p> <p> The embassy advised the students to continue attending classes also to ensure that the conditions of their visa are met and their recourse to the Tuition Protection Service is assured should the provider cease delivering its courses.</p> <p> The embassy said it is aware of the February 19 decision that could have significant impacts for the hundreds of students enrolled in the institute, many of whom are Nepalese.</p> <p> According to the embassy, Brighton Pacific Pty Ltd has 28 days from February 19 (the day the provider was notified of ASQA’s decision) to seek a review of this decision by the Administrative Appeals Tribunal (AAT). </p> <p> “Brighton Pacific Ltd Pty may also seek to have ASQA’s cancellation decision stayed while the AAT determines the review. Unless Brighton Pacific Pty Ltd seeks a review and is granted a stay of ASQA’s decision, the cancellation decision will take effect from March 26, 2019,” the statement said.</p> <p> The embassy said that it would be the responsibility of AIBT to find students an alternative course or pay them a refund of their unspent tuition fees in the event that AIBT does stop operating. </p> <p> “If an alternative placement is not possible, the TPS will seek to place the institute’s students with an alternate provider or if that is not possible, consider refund of the students’ unspent tuition fees,” the statement added.</p> <p> Australia’s Department of Home Affairs would also allow a grace period of at least 28 days and up to three months for students to transfer to alternate providers before it would consider visa cancellation. Further extension may be possible on a case by case basis, the embassy further said.</p> <p> The Australian Embassy Nepal said that prospective students intending to enrol in courses in Australia should do as much research as possible on education institutions, courses of interest, costs, lifestyle in Australia and any other relevant factor, including by visiting the website www.studyinaustralia.gov.au.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '9909', 'image' => '20190222043958_adsfff.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '10138', 'article_category_id' => '1', 'title' => 'Importers Complain of High Charge at Birgunj ICP', 'sub_title' => '', 'summary' => 'February 22: Nepali importers have complained of excessive charge under various heads at the Integrated Check Post (ICP) of Birgunj, which has come into operation since one year.', 'content' => '<p> February 22: Nepali importers have complained of excessive charge under various heads at the Integrated Check Post (ICP) of Birgunj, which has come into operation since one year.</p> <p> President of the Birgunj Chamber of Commerce and Industry, Gopal Kedia, said that although the government constructed the ICP to ease trading, it has instead caused burden to the importers.</p> <p> “Importers are forced to pay extra charges for parking, entry charge, weight of the goods among others,” said Kedia, adding, “This has only increased the cost of the goods.”</p> <p> The effective utilization of the country’s main customs point still remains a far cry due to infrastructural barriers and unclear policies.</p> <p> Shyam Prasad Bhandari, chief of the Birgunj Customs Office, says that the newly-built ICP accounts for 60 percent of the total import in the region. The remaining 40 percent of the goods still enter the country from the old customs office at Inarwa of Birgunj. </p> <p> According to the importers, the ICP charges Rs 700 for importing goods in a container, Rs 428 in small vehicles and Rs 200 to 600 in a truck or lorry. A source at the ICP told New Business Age that an importer has had to pay as much as Rs 1.2 million as the charge and fine just for importing one consignment.</p> <p> Importers have also complained that the ICP is charging them customs duty at its whims. They say that they are compelled to pay for the goods on the basis of weight even for the ones which do not require weighing.</p> <p> Nepal Intermodal Transportation Development Board has been operating the ICP in the Nepali side while the Land Ports Authority of India has been given the responsibility to oversee the ICP in the Indian side. The Nepali importers complain that they have to pay unfair charges to the Indian side as well.</p> <p> Gehendra Mohan Shahi, who has been appointed by the board as the in-charge of the ICP, said that customs duty charged by the ICP is lower than that of Biratnagar and Bhairahawa.</p> <p> “The current charge has been adjusted by increasing 10 percent annually on the charge fixed 17 years ago,” said Shahi adding, “It cannot be termed as excessive charge.”</p> <p> </p> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '9906', 'image' => '20190222032625_ICP.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '10150', 'article_category_id' => '1', 'title' => 'WePOWER to Work on Five Major Areas for Increasing Women’s Participation', 'sub_title' => '', 'summary' => 'February 21: The first regional conference of Women in Power Sector Professional Network (WePOWER) concluded in Kathmandu on February 21 highlighting its key activities and goals for upcoming years especially focusing on five strategic areas—education, recruitment, development, retention, and policy and analysis for empowering women in energy and power sector.', 'content' => '<p> February 21: The first regional conference of Women in Power Sector Professional Network (WePOWER) concluded in Kathmandu on February 21 highlighting its key activities and goals for upcoming years especially focusing on five strategic areas—education, recruitment, development, retention, and policy and analysis for empowering women in energy and power sector.</p> <p> The two-day programme organised by the World Bank, with support from the Energy Sector Management Assistance Programme (ESMAP), Asian Development Bank (ADB), Australian AID and Australia Department of Foreign Affairs and Trade (DFAT) presented key activities that support in increasing and empowering female participants in energy and power sector.</p> <p> The future activities across the globe include 24 mega events and 42 internship programmes for this year in educational sector and 61 educational programmes for next year. Likewise, recruitment programme includes four different job fairs this year and five in next year along with other activities. Different study tours will be conducted for the development programme. For retention, WePOWER will be creating work environment and behavior change communication system. It will also be organizing gender-focused activities, mentorship programme, women entrepreneurship programme in different countries.</p> <p> Speaking about energy access and infrastructure development as critical elements in South Asia’s regional development strategy, Pravin Raj Aryal, joint secretary at the Ministry of Energy, Water Resources and Irrigation in Nepal said that initiatives such as WePOWER would help nurture partnerships among women professionals, leading to an increase in their engagement across the sector.</p> <p> Likewise, ADB Principal Social Development Specialist Francesco Tornieri said, “WePOWER is closely aligned with ADB’s broader long-term commitment embodied in its long-term Strategy 2030 to remove constraints that women face in finding more and better jobs.” He further said, “Although this applies to all sectors, we see the energy sector as one of the most challenging sectors.”</p> <p> Caren Grown, World Bank’s senior director for the Gender Group, added, “Women’s low participation in the sector is a constraint to gender equality and opportunities. It is imperative for men and women to have access to good quality jobs.”</p> <p> According to the organiser, WePOWER envisaged to become a vibrant and self-sustaining professional network backed by strategic partners that can provide technical and financial support.</p> <p> WePOWER expressed its belief that its programmes will be helpful in supporting, networking, and mentorship for women engineers for career advancement, research to reform policies and practices, exposure to technology, recruiting opportunities, and access to information and conferences.</p> <p> More than 250 engineers and energy-sector professionals from different local and international power utilities, energy sector organizations, and multilateral agencies represented their countries at the conference held on February 20-21.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-24', 'modified' => '2019-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '9905', 'image' => '20190224050837_aaa.jpg', 'article_date' => '2019-02-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '10137', 'article_category_id' => '1', 'title' => 'Government to Bring E-Commerce Under the Ambit of Tax', 'sub_title' => '', 'summary' => 'February 22: The government has prepared the ‘E-commerce National Strategy’ draft, which is in the final stages, to regulate the e-commerce sector of the country.', 'content' => '<p> February 22: The government has prepared the ‘E-commerce National Strategy’ draft, which is in the final stages, to regulate the e-commerce sector of the country.</p> <p> According to Nawaraj Dhakal, spokesperson at the Ministry of Industry, Commerce and Supplies, the government is working to bring the sector under the regulations to properly supervise the e-commerce platforms.</p> <p> Currently, the government doesn’t have database of the e-commerce companies operating in Nepal. According to a member of the committee formed to formulate the draft, a survey of the ministry shows that there are more than 50,000 e-commerce companies in the country.</p> <p> Currently, e-commerce platforms like eSewapasal, Daraz, Hamrobazar, Bhatbhateni, among others are digitally operating in the market. However, the government is yet to bring these platforms under the ambit of tax.</p> <p> The cabinet, two months ago, had decided to form a committee led by commerce secretary to formulate a draft to regulate the e-commerce sector. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '9904', 'image' => '20190222124837_Clipboard01-26.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '10135', 'article_category_id' => '1', 'title' => 'Stakeholders Suggest Revision of Trade Agreements with Bangladesh', 'sub_title' => '', 'summary' => 'February 22: Stakeholders have suggested that Nepal needs to revise its trade and transit-related agreements with Bangladesh to address the growing complexities between the two countries in their trade relations to benefit Nepalese exporters that see potential for their goods in the Bangladeshi market.', 'content' => '<div> February 22: Stakeholders have suggested that Nepal needs to revise its trade and transit-related agreements with Bangladesh to address the growing complexities between the two countries in their trade relations to benefit Nepalese exporters that see potential for their goods in the Bangladeshi market.</div> <div> </div> <div> Participants of an interaction programme titled "Nepal-Bangladesh Trade: Opportunity and Challenges" jointly organized by the Ministry of Industry, Commerce and Supplies (MoICS); South Asia Watch on Trade, Economics and Environment (SAWTEE) and Morang Merchant Association (MMA) in Biratnagar on Thursday, February 21 were unanimous in expressing such view.</div> <div> </div> <div> According to a statement issued by SAWTEE, president of Morang Merchant Association, Pawan Kumar Sarda, said that Nepal’s customs duty for Bangladeshi products is less compared to the tariffs imposed by the Bangladeshi government for Nepali products.</div> <div> </div> <div> In addition, Nepali products face number of non-tariff barriers in Bangladesh due to which our export to Bangladesh is in decline while Bangladesh’s export to Nepal is increasing, he added.</div> <div> </div> <div> According to Sarda, Nepal is importing goods which are domestically produced such as juice and potatoes, and suggested “we stop importing” such goods from Bangladesh. </div> <div> </div> <div> Rabi Shankar Sainju, joint secretary at the Ministry of Industry, Commerce and Supplies said that the government is in the process of renewing trade treaty with SAARC countries including Bangladesh. He said that Nepal and Bangladesh have agreed to provide preferential market access to some of their identified products, and Nepal is in the process of identifying such products to be included in the list.</div> <div> </div> <div> SAWTEE said its chairman Dr Posh Raj Panday made a presentation on Nepal-Bangladesh trade relations and avenues for collaboration. He stated that Nepal’s trade with Bangladesh takes place through Trade and Payment Agreement between Nepal and Bangladesh; Transit Agreement between Nepal and Bangladesh, and also through the regional, sub-regional and multilateral/international agreements signed by the two countries.</div> <div> </div> <div> “He pointed out that the Most Favoured Nation (MFN) treatment Nepal gets under these agreements is not adequate to address the growing trade deficit with Bangladesh. He suggested to conclude a preferential market access agreement with Bangladesh to address market access issues—including transit, para-tariff and non-tariff barriers—for exportable products and protection of domestic sector/industry,” the statement added.</div> <div> </div> <div> Participants of the interaction suggested that Province 1 can be the gateway for trade with Bangladesh due to its proximity with the neighbouring country. The participants also stressed the need to improve border customs in both sides and shortening the documentation process while exporting to Bangladesh. They also stressed the need for simplifying the visa obtaining process to go to Bangladesh without having to go to the Bangladeshi embassy in Kathmandu.</div> <div> </div> <div> According to SAWTEE, about 70 participants from Province 1 participated in the interaction.</div> <div> </div> <div> </div> <div> </div> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '9902', 'image' => '20190222123049_sawtee.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '10134', 'article_category_id' => '1', 'title' => 'ADB to Provide Subsidized Loan to Gandaki Province', 'sub_title' => '', 'summary' => 'February 22: The Agriculture Development Bank is set to provide subsidized loan to Gandaki Province without any collateral.', 'content' => '<p> February 22: The Agriculture Development Bank is set to provide subsidized loan to Gandaki Province without any collateral.</p> <p> According to Rastriya Samachar Samiti (RSS), a memorandum of understanding to this effect was signed between the Ministry of Land Management, Agriculture and Cooperative of Gandaki Province and the Pokhara-based regional office of Agriculture Development Bank on Thursday, February 21.</p> <p> The MoU states that the ADB would provide subsidized loan in the areas of agriculture and livestock without any collateral upon the recommendation of the ministry. The state-run news agency, however, did not mention the loan amount that the multinational bank would be providing.</p> <p> Secretary at the ministry, Sharad Chandra Shrestha, and the regional director of ADB, Chet Narayan Sapkota, signed the MoU.</p> <p> RSS reported that the MoU was signed to help promote commercialization of agriculture sector and thereby increase production.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-22', 'modified' => '2019-02-22', 'keywords' => '', 'description' => '', 'sortorder' => '9901', 'image' => '20190222120723_aaa.jpg', 'article_date' => '2019-02-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '10149', 'article_category_id' => '1', 'title' => 'Challenges and opportunities of ECTS', 'sub_title' => '', 'summary' => 'February 11: The implementation of the Electronic Cargo Tracking System (ECTS) to transport Nepal-bound cargo from India has challenges as well as opportunities, according to stakeholders.', 'content' => '<p> February 11: The implementation of the Electronic Cargo Tracking System (ECTS) to transport Nepal-bound cargo from India has challenges as well as opportunities, according to stakeholders.</p> <p> Speaking at the NewBiz Roundtable organised at the office of New Business Age on February 11, stakeholders expressed their optimism and concerns about the newly-introduced cargo transport monitoring system.</p> <p> Nepal Freight Forward Association’s president Prakash Singh Karki has said not only businessmen but all Nepalis should take benefit from the Electronic Cargo Tracking System (ECTS) implemented on the Nepal-bound goods from Indian ports. He said that the system which is in operation up to Birgunj should be extended to other parts of the country.</p> <p> Joint Secretary at the Ministry of Industry, Commerce and Supplies, Ravi Shankar Sainju, said that the new system which started from Visakhapatnam port of India is now being used in Kolkata port as well.</p> <p> He said that the ECTS would save the time and cost of Nepali importers resulting in long-term benefits. Once this system comes into operation, the importers will get rid of the problem of losing their goods in between. Joint Secretary Sainju said that the government of India and Nepal are committed in implementing this system. He further said that Nepali importers can benefit more if there is competition between different sea ports of India. According to Sainju, although there are challenges in implementing this system the concerned authorities are working together to sort out the issues.</p> <p> Director General of the Department of Customs, Toyam Raya, said that there are some challenges as the country is going to initiate a new system. But in the long run, it will prove beneficial. He further said that the customs points are being modernized to meet the standard of ECTS.</p> <p> General Secretary of Nepal Freight Forward Association Sundar Prasad Dahal said that any shipping company wishing to operate in Nepal must first get registration. At present, we are only focusing on import but we should also think of implementing this system while exporting goods.</p> <p> Naresh Kumar Agrawal, treasurer of the association, said that Nepal Rastra Bank should facilitate the importers in case there arises problems in payment by the Nepali importers.</p> <p> Likewise, former president of the association Rajan Sharma said that although ECTS is a positive initiative there should be detailed study regarding its pros and cons.</p> <p> The reduction in cost and time of the importers is not much meaningful if the consumers price don’t go down.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-24', 'modified' => '2019-02-24', 'keywords' => '', 'description' => '', 'sortorder' => '9899', 'image' => '20190224042213_ECTS-Round-Table.jpg', 'article_date' => '2019-02-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '10130', 'article_category_id' => '1', 'title' => 'Stock Watch at 2 pm', 'sub_title' => '', 'summary' => 'CMP is below of today’s daily pivot and above of the current hour pivot.', 'content' => '<p> Pic. showing Nepse index of 1 hour</p> <p> </p> <p> February 21, 3<sup>rd</sup> Hour</p> <p> </p> <p> Today’s Daily Pivot (P) = 1117.737</p> <p> Current Hour Pivot (P’) = 1112.87</p> <p> Current Market Price (CMP)= 1114.14</p> <p> </p> <p> CMP is below of today’s daily pivot and above of the current hour pivot.</p> <p> </p> <p> This hour OHLC is as following:-</p> <p> O= 1110.67</p> <p> H= 1114.14</p> <p> L= 1110.41</p> <p> C= 1114.14</p> <p> </p> <p> Market turnover in the third hour (1 pm-2 pm)= Rs. 4.65crores</p> <p> Market turnover of the previous hour(12 pm-1 pm)= Rs. 3.94 crores</p> <p> Market turnover of the first hour (11 am-12 pm) = Rs. 1.63 crores</p> <p> The top five turn over making scrips are: </p> <p style="margin: 0in 0in 7.5pt; text-align: justify; line-height: 21.6pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;"> <span style="font-size: 15.5pt;font-family:"arial sans-serif","serif";color:#333333">Scrips Turnover LTP<o:p></o:p></span></p> <table border="0" cellpadding="0" cellspacing="0" style="width:353px;" width="353"> <tbody> <tr> <td> <p> <strong>CHLBS</strong></p> </td> <td> <p align="right"> 19,872,397.00</p> </td> <td> <p align="right"> 595.00</p> </td> </tr> <tr> <td> <p> <strong>NABIL</strong></p> </td> <td> <p align="right"> 10,619,289.00</p> </td> <td> <p align="right"> 800.00</p> </td> </tr> <tr> <td> <p> <strong>CHCL</strong></p> </td> <td> <p align="right"> 5,880,721.00</p> </td> <td> <p align="right"> 503.00</p> </td> </tr> <tr> <td> <p> <strong>NICA</strong></p> </td> <td> <p align="right"> 4,757,712.00</p> </td> <td> <p align="right"> 386.00</p> </td> </tr> <tr> <td> <p> <strong>UPPER</strong></p> </td> <td> <p align="right"> 4,291,929.00</p> </td> <td> <p align="right"> 225.00</p> </td> </tr> </tbody> </table> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9896', 'image' => '20190221021750_Capture 21 feb 3 hour.JPG', 'article_date' => '2019-02-21 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => null, 'user_id' => '22' ) ), (int) 8 => array( 'Article' => array( 'id' => '10124', 'article_category_id' => '1', 'title' => 'Demand to Legalize Marijuana', 'sub_title' => '', 'summary' => 'February 21: A parliamentarian of the ruling Nepal Communist Party (NCP) has demanded that the government lift the ban on marijuana.', 'content' => '<p> February 21: A parliamentarian of the ruling Nepal Communist Party (NCP) has demanded that the government lift the ban on marijuana.</p> <p> In a meeting of the House of Representatives on Wednesday, Birodh Khatiwada of NCP demanded to lift the ban on marijuana. Speaking at the House meeting, Khatiwada said that cannabis is legal in developed countries like the United States of America, Canada, Thailand, among others.</p> <p> “Why don’t we legalize cannabis in Nepal?” he questioned, adding that marijuana has been a source of income in the developed economies, while people in Nepal face legal actions for producing marijuana.</p> <p> He further added that marijuana is destroyed in Nepal but ironically Singha Durbar-based Vaidyakhana – the state-run manufacturer of Aayurvedic and herbal medicines – imports marijuana from the foreign market.</p> <p> Marijuana was legal in Nepal 40 years ago, but the herb was banned in the country in 1977 after pressure from the United States of America. </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9893', 'image' => '20190221010550_adsfff.jpg', 'article_date' => '2019-02-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '10126', 'article_category_id' => '1', 'title' => 'Action Taken Against 45 Long-Route Public Vehicles not Keeping Two Drivers', 'sub_title' => '', 'summary' => 'February 21: The Metropolitan Traffic Police Division (MTPD) has taken action against the drivers of 45 public vehicles plying on long routes for flouting the provision of keeping two drivers, according to a news report published by Rastriya Samachar Samiti (RSS).', 'content' => '<p> February 21: The Metropolitan Traffic Police Division (MTPD) has taken action against the drivers of 45 public vehicles plying on long routes for flouting the provision of keeping two drivers, according to a news report published by Rastriya Samachar Samiti (RSS).</p> <p> The Highway Security and Traffic Directorate under the Police Headquarters had brought into operation the 'traffic communication app' from February 10 to monitor whether or not the public vehicles plying on long route have been following the rule.</p> <p> Senior Superintendent of Police Basanta Panta said the app has been brought into operation to ensure the implementation of the provision made in the Transport Management Act, 2049 BS requiring the public passenger vehicles operating on long routes to keep two drivers.</p> <p> According to RSS, the Directorate had made arrangements to access information on drivers on long routes, the bus number and the departure time through the app. The Traffic Police believes that the number of road accidents can be reduced with the operation of the app.</p> <p> Such apps have been brought into operation at Nagdhunga of Kathmandu, at Karmaiya of Sarlahi in Province-2 and at Kohalpur of Banke in Province-5.</p> <p> The public vehicles flouting this legal provision are fined Rs 1,000.</p> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9891', 'image' => '20190221013037_aaa.jpg', 'article_date' => '2019-02-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '10125', 'article_category_id' => '1', 'title' => 'Stock watch at 1 pm', 'sub_title' => '', 'summary' => 'CMP is below of today’s daily pivot and above of the current hour pivot.', 'content' => '<p> Pic. showing Nepse index of 1 hour</p> <p> </p> <p> February 21, 2<sup>nd</sup> Hour</p> <p> </p> <p> Today’s Daily Pivot (P) = 1117.737</p> <p> Current Hour Pivot (P’) = 1110.41</p> <p> Current Market Price (CMP) = 1110.68</p> <p> </p> <p> CMP is below of today’s daily pivot and above of the current hour pivot.</p> <p> </p> <p> This hour OHLC is as following:-</p> <p> O= 1110.24</p> <p> H= 1110.68</p> <p> L= 1109.87</p> <p> C= 1110.68</p> <p> </p> <p> Market turnover in the second hour (12 pm-1 pm)= Rs. 3.94 crores</p> <p> Market turnover of the previous hour (11am-12pm) = Rs. 1.64 crores</p> <p> </p> <p> The top five turn over making scrips are: </p> <p> Scrips Turnover LTP</p> <table border="0" cellpadding="0" cellspacing="0" style="width:393px;" width="393"> <tbody> <tr> <td style="height:26px;"> <p> <strong>CHLBS</strong></p> </td> <td style="height:26px;"> <p align="right"> 15,989,747.00</p> </td> <td style="height:26px;"> <p align="right"> 591.00</p> </td> </tr> <tr> <td style="height:24px;"> <p> <strong>NABIL</strong></p> </td> <td style="height:24px;"> <p align="right"> 5,414,908.00</p> </td> <td style="height:24px;"> <p align="right"> 792.00</p> </td> </tr> <tr> <td style="height:26px;"> <p> <strong>CHCL</strong></p> </td> <td style="height:26px;"> <p align="right"> 5,042,853.00</p> </td> <td style="height:26px;"> <p align="right"> 505.00</p> </td> </tr> <tr> <td style="height:26px;"> <p> <strong>NIBPO</strong></p> </td> <td style="height:26px;"> <p align="right"> 2,643,416.00</p> </td> <td style="height:26px;"> <p align="right"> 466.00</p> </td> </tr> <tr> <td style="height:24px;"> <p> <strong>NICA</strong></p> </td> <td style="height:24px;"> <p align="right"> 2,613,400.00</p> </td> <td style="height:24px;"> <p align="right"> 383.00</p> </td> </tr> </tbody> </table> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9890', 'image' => '20190221011705_1 pm stock watch 21 feb.JPG', 'article_date' => '2019-02-21 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 11 => array( 'Article' => array( 'id' => '10123', 'article_category_id' => '1', 'title' => 'LP Gas Industry Warns of Protest', 'sub_title' => '', 'summary' => 'February 21: Nepal LP Gas Industry Association has warned of a protest if their demands are not met at the earliest.', 'content' => '<p> February 21: Nepal LP Gas Industry Association has warned of a protest if their demands are not met at the earliest.</p> <p> Rastriya Samachar Samiti (RSS) reported that the association gave such warning at a press conference organised in the capital on Wednesday, February 20.</p> <p> According to RSS, the association has been demanding allowance for the operation of gas bullets with Nepali private number plates, quota determination for LP gas and uniformity in the price of cooking gas.</p> <p> Likewise, other demands include ensuring insurance for LPG-related accidents and timely amendment to the LP Gas Regulations, 2065.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9889', 'image' => '20190221122235_aaa.jpg', 'article_date' => '2019-02-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '10122', 'article_category_id' => '1', 'title' => 'Stock Watch at 12 pm', 'sub_title' => '', 'summary' => 'CMP is below of today’s daily pivot and current hour pivot.', 'content' => '<p> Pic. showing Nepse index of 1 hour</p> <p> </p> <p> February 21, 1<sup>st</sup> Hour</p> <p> </p> <p> Today’s Daily Pivot (P) = 1117.737</p> <p> Current Hour Pivot (P’) = 1111.51</p> <p> Current Market Price (CMP)= 1110.58</p> <p> </p> <p> CMP is below of today’s daily pivot and current hour pivot.</p> <p> </p> <p> This hour OHLC is as following:-</p> <p> O= 1112.21</p> <p> H= 1113.81</p> <p> L= 1110.15</p> <p> C= 1110.58</p> <p> </p> <p> Market turnover in the first hour (11am-12pm)= Rs. 1.63 crores</p> <p> </p> <p> The top five turn over making scrips are: </p> <p> Scrips Turnover LTP</p> <table border="0" cellpadding="0" cellspacing="0" style="width:492px;" width="492"> <tbody> <tr> <td> <p> <strong>CHLBS</strong></p> </td> <td> <p> 8,921,740.00</p> </td> <td> <p> 582.00</p> </td> </tr> <tr> <td> <p> <strong>NABIL</strong></p> </td> <td> <p> 1,686,100.00</p> </td> <td> <p> 790.00</p> </td> </tr> <tr> <td> <p> <strong>UPPER</strong></p> </td> <td> <p> 1,034,988.00</p> </td> <td> <p> 223.00</p> </td> </tr> <tr> <td> <p> <strong>PLIC</strong></p> </td> <td> <p> 449,060.00</p> </td> <td> <p> 446.00</p> </td> </tr> <tr> <td> <p> <strong>NLICL</strong></p> </td> <td> <p> 429,780.00</p> </td> <td> <p> 622.00</p> </td> </tr> </tbody> </table> <p> </p> ', 'published' => true, 'created' => '2019-02-21', 'modified' => '2019-02-21', 'keywords' => '', 'description' => '', 'sortorder' => '9888', 'image' => '20190221122611_2.jpg', 'article_date' => '2019-02-21 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 13 => array( 'Article' => array( 'id' => '10121', 'article_category_id' => '1', 'title' => 'Market Watch of February 20', 'sub_title' => '', 'summary' => 'CMP for today is 1,112.23 which is lower than daily pivot which is also lower than weekly and the monthly pivot which are 1150.98 and 1139.34 respectively which shows that Market is in Red zone.', 'content' => '<p> </p> <p> <strong>Current Market Price (CMP): </strong>1,112.23</p> <p> <strong>The</strong> <strong>pivot table for tomorrow (9<sup>th</sup> Falgun):</strong></p> <table border="1" cellpadding="0" cellspacing="0"> <tbody> <tr> <td style="width:91px;"> <p align="center"> <strong>S3</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>S2</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>S1</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>P</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>R1</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>R2</strong></p> </td> <td style="width:91px;"> <p align="center"> <strong>R3</strong></p> </td> </tr> <tr> <td style="width:91px;"> <p align="center"> 1089.66</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1,100.86</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1106.543</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1117.737</p> </td> <td style="width:91px;"> <p align="center"> 1123.423</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1,134.62</p> <p align="center"> </p> </td> <td style="width:91px;"> <p align="center"> 1140.30</p> <p align="center"> </p> </td> </tr> </tbody> </table> <p> </p> <p> CMP for today is 1,112.23 which is lower than daily pivot which is also lower than weekly and the monthly pivot which are 1150.98 and 1139.34 respectively which shows that Market is in Red zone.</p> <p> </p> <p> <strong>OHLC update of today: </strong></p> <p> <strong>O:</strong> 1,124.96</p> <p> <strong>H:</strong> 1,128.93</p> <p> <strong>L:</strong> 1,112.05</p> <p> <strong>C:</strong> 1,112.23</p> <p> </p> <p> <strong>Turnover table:</strong></p> <p> Today’s (8<sup>th</sup> Falgun): Rs. 16.62 Crores </p> <p> Yesterday’s (7<sup>th</sup> Falgun): Rs. 21.46 Crores</p> <p> </p> <p> <strong>Conclusion:</strong></p> <ol> <li> 1. Today market has dropped in volume as well as in index.</li> <li> 2. It seems like market is looking for saturation currently so wait and watch for next week.</li> <li> 3. Market is not ready to sell at lower price.</li> <li> 4. If some sellers are ready to sell then there is always space for new investors.</li> </ol> <p> <strong>Happy trading …………….!!!!!!!!</strong></p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2019-02-20', 'modified' => '2019-02-20', 'keywords' => '', 'description' => '', 'sortorder' => '9887', 'image' => null, 'article_date' => '2019-02-20 00:00:00', 'homepage' => true, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '22' ) ), (int) 14 => array( 'Article' => array( 'id' => '10114', 'article_category_id' => '1', 'title' => 'Snowfall in Dolpa for the Sixth Time', 'sub_title' => '', 'summary' => 'February 20: Dolpa district has witnessed snowfall once again. ', 'content' => '<p> February 20: Dolpa district has witnessed snowfall once again. This is the sixth time that snowfall occurred in the district this season. Tripurakot, Chal, Pahada, Karelidanda, Jufal among other places have been covered in a blanket of snow following heavy rainfall on Monday night.</p> <p> Life in Dolpa has come to a standstill due to the early morning snowfall. According to the locals, snowfall occurred continuously for two hours on Tuesday morning.</p> <p> Flights at Dopla’s Jufal Airport have been obstructed due to the snowfall. A thick layer of snow has deposited on the runway, causing cancellation of flights. Chief of the Civil Aviation Authority of Jufal Airport, Bal Kumar Singh told New Business Age that no flights from Nepalgunj have been cancelled due to the snowfall.</p> <p> The airport authorities say that they might be able to resume air service if the snow melts by Wednesday.</p> <p> </p> ', 'published' => true, 'created' => '2019-02-20', 'modified' => '2019-02-20', 'keywords' => '', 'description' => '', 'sortorder' => '9886', 'image' => '20190220014933_facebook.jpg', 'article_date' => '2019-02-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => null, '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
