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			'id' => '9754',
			'article_category_id' => '1',
			'title' => 'Chitwan National Park becomes Nepal’s First Plastic-Free Protected area',
			'sub_title' => '',
			'summary' => 'January 6: Chitwan National Park has been declared plastic-free protected area.',
			'content' => '<p>January 6: Chitwan National Park has been declared plastic-free protected area. The government made such announcement amid a special program in Sauraha. According to the government, the national park has been declared plastic-free area effective from January 1.</p>

<p>Himalayan Climate Initiative (HCI), along with its partner Coca-Cola in Nepal, the Nepalese Army, WWF Nepal, National Trust For nature Conservation, local buffer zone communities and tourism entrepreneurs supported the initiative led by the Ministry of Forests and Environment to implement Chitwan National Park as the country&rsquo;s first plastic-free protected area.</p>

<p>The announcement function was attended by the representatives from the local, provincial and federal governments, buffer zone communities, private sector, tourism agencies and civil society organizations.</p>

<p>The Coca-Cola Foundation and Bottlers Nepal Limited said in a statement that they have been supporting HCI for the responsible, ethical and fair supply of collecting and recycling plastic bottles since the past four years.</p>

<p>Dr Ghanashyam Gurung, Country representatives of WWF Nepal stated, &ldquo;We are looking at local solutions to tackle the world&rsquo;s global problems, plastic being one of them. By working together at all levels &ndash; federal, provincial and local &ndash; we need to uphold our individual and institutional commitment and credibility for the successful implementation of this maiden undertaking.&rdquo;&nbsp;&nbsp;</p>

<p>Collection bins have been placed in numerous locations outside Chitwan National Park for visitors to dispose of any plastic items brought out from the national park. The collected single use plastics, primarily water bottles, will in turn be taken back to collection sites and waste management plants in Chitwan for recycling.</p>

<p>With a plastic bag ban already in effect in Kathmandu Valley and given a successful implementation in Chitwan National Park, the zero-plastics initiative is expected to find further impetus and introduced in other protected areas and regions of Nepal, the statement said.</p>

<p>&nbsp;</p>
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			'id' => '9750',
			'article_category_id' => '1',
			'title' => 'Central Bank to Facilitate BFIs Merger Process',
			'sub_title' => '',
			'summary' => 'January 6: Nepal Rastra Bank has adopted a new policy to facilitate the process for merger between financial institutions, according to the state-run news agency Rastriya Samachar Samiti (RSS). ',
			'content' => '<p>January 6: Nepal Rastra Bank has adopted a new policy to facilitate the process for merger between financial institutions, according to the state-run news agency Rastriya Samachar Samiti (RSS).&nbsp;</p>

<p>Issuing a circular on January 5, the central bank stated that it would moderate and facilitate the financial institutions for merger process or their up-gradation as per the Bank and Financial Institutions Act 2073 BS.&nbsp;<br />
In the circular, the central bank has further stated that it would inform the Office of the Company Registrar, Securities Board of Nepal and Nepal Stock Exchange to support the merger process.&nbsp;<br />
The directive further urged the financial institutions failing to meet the capital requirements as per the NRB regulations and are bearing loss for five consecutive years to go for merger process, according to RSS.&nbsp;<br />
RSS further reported that the banks and financial institutions dominated the security market in terms of share trading this week. Nepal Bank Limited topped the top 10 companies trading shares with the transaction of 302 shares. Likewise, Nepal Credit and Commerce Bank remained second with the trading of 247 shares followed by Janata Bank with the trading of 154 shares. Prabhu Bank traded 142 shares, while NMB Bnak 140, Mega Bank 129 and Global IME Bank 102.&nbsp;<br />
Likewise, Api Power Company witnessed the trading of 97 shares, while National Life Insurance (NLI) 93 and Nepal Life Insurance 90.&nbsp;<br />
Nepal Telecommunication Company topped the market capitalization list. Other top 10 companies dominating the market capitalization were Nepal Investment Bank, Nabil Bank, Standard Chartered Bank, the NLI, Everest Bank, Himalayan Bank, NIC Asia Ban, Nepal SBI Bank and NMB Bank.&nbsp;<br />
According to NEPSE, 1.8 million initial public offering (IPO) shares of Chautari Laghubitta Bittiya Sanstha Ltd were listed this week.&nbsp;</p>
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			'description' => '',
			'sortorder' => '9525',
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		'Article' => array(
			'id' => '9753',
			'article_category_id' => '1',
			'title' => 'Govt intervention, awareness campaigns needed for safety of migrant workers: Study',
			'sub_title' => '',
			'summary' => 'January 6: A study conducted by Bournemouth University in collaboration with Liverpool John Moores University to look into the conditions surrounding female migrant workers of Nepal has recommended the Government of Nepal to initiate awareness campaigns about health risks, rights and health services in host countries.',
			'content' => '<p>January 6: A study conducted by Bournemouth University in collaboration with Liverpool John Moores University to look into the conditions surrounding female migrant workers of Nepal has recommended the Government of Nepal to initiate awareness campaigns about health risks, rights and health services in host countries.</p>

<p>Bournemouth University said in a statement that the study looked into the working conditions of Nepalese migrant workers, especially in the Gulf countries.</p>

<p>The study concluded that raising awareness among female migrant workers can make a change in their working lives. The study found that female migrant workers face work-related health risks, which are often related to exploitation. Thus, recruiting agencies/employers should provide information on health risks and training for preventive measures, said the statement released on January 3.</p>

<p>Figures from the Department of Foreign Employment of Nepal have shown that over 176,000 Nepali women were granted labour permits to work abroad since records started in 2008, traveling mainly to the UAE, Kuwait, Malaysia, Qatar, Saudi Arabia, Cyprus and Jordan. Since 2016, Nepalese authorities outlawed labour permits for domestic work in the Gulf, amidst reports of the abuse of Nepalese migrants working as maids in the region, the statement said.</p>

<p>A dissemination session, held in January, looked to highlight issues within the female migrant worker minority group, at which Bournemouth University&rsquo;s study exploring the healthcare problems of more than 1,000 migrant returnees aged 14-51 was shared. Speaking about the study, Professor Edwin van Teijlingen at Bournemouth University stressed, &ldquo;It is important that the people publish their findings either positive or negative so that others can learn from it. Publishing good quality-research in Nepal ensures a wider global audience.&rdquo;</p>

<p>Findings reflected that more than a quarter of women had experienced health problems working abroad. Fever, accidents and severe illness were commonly reported, alongside with working without breaks. It was also found that migrant women who are illiterate, had been severely maltreated or tortured in the workplace, were not being paid on time, and migrant women who had family problems at home were significantly associated with health problems in their host country in the Middle East, the statement further said.</p>

<p>Liverpool John Moores University&rsquo;s Professor Padam Simkhada said, &ldquo;This is one of several projects we are working on in the field of health and migration.&nbsp; It combines both health and human rights issues.&rdquo; He added: &ldquo;We often forget that working aboard offers female migrant workers an opportunity to learn new skills that are of use when returning home.&rdquo;</p>

<p>The study and the subsequent dissemination session also raised questioned over Nepalese government intervention.</p>

<p>Concerns were also raised over the current ban on women working domestically in the Gulf region, as many Nepalese migrants defy this to travel illegally, thus encountering additional risk, with an 8.95 per cent increase in Nepalese applications to work in other industries abroad seen just a year after the restrictions were imposed.</p>

<p>The UK universities worked alongside two Nepalese organisations, Green Tara Nepal and POURAKHI Nepal, in this research.</p>

<p>&nbsp;</p>
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			'id' => '9746',
			'article_category_id' => '1',
			'title' => 'Committee to Probe Wide-Body Aircraft Scam',
			'sub_title' => '',
			'summary' => 'January 4: The government has formed a high-level probe committee to investigate into the alleged irregularities in the procurement of the wide-body aircraft for the Nepal Airlines Corporation. ',
			'content' => '<div>January 4: The government has formed a high-level probe committee to investigate into the alleged irregularities in the procurement of the wide-body aircraft for the Nepal Airlines Corporation.&nbsp;</div>

<div><span style="font-size:13px">A meeting of the Council of Ministers on Thursday decided to form the three-member committee headed by former Supreme Court Justice Govinda Prasad Parajuli. Other members of the committee includes former Deputy Attorney General Narendra Prasad Pathak and Chartered Accountant Madan Sharma, informed Minister for Communications and Information Technology Gokul Baskota. The government formed the probe committee after a parliamentary sub-committee prepared a report alleging misappropriation of around Rs 4 billion during the procurement process and recommended action against high-ranking officials as well as sitting minister and former ministers.</span></div>

<div><span style="font-size:13px">The probe committee has been mandated to submit a report within 45 days after investigating the procurement of two Airbus aircraft.&nbsp;</span></div>

<div><span style="font-size:13px">A report made public by the sub-committee of the Public Accounts Committee of the parliament on Wednesday had recommended action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari as well as former tourism ministers Jeevan Bahadur Shahi and Jitendra Narayan Dev.&nbsp;</span></div>

<div><span style="font-size:13px">The sub-committee headed by lawmaker Rajan KC has also recommended suspending Director General of Nepal Airlines Corporation Sugat Ratna Kansakar, secretary at the Ministry of Culture, Tourism and Civil Aviation Krishna Prasad Devkota and former secretary at the ministry Prem Kumar Rai, who is currently the home secretary.</span></div>

<div><span style="font-size:13px">The Public Accounts Committee had formed the sub-committee in December to investigate into irregularities during the procurement of the wide-body aircraft. The panel has concluded that the authorities were involved in misappropriating Rs 4.37 billion while procuring the aircraft. On Wednesday (January 2), coordinator of the sub-committee KC handed over a 38-page report of investigation to the chairman of PAC Bharat Kumar Shah.</span></div>
',
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			'created' => '2019-01-04',
			'modified' => '2019-01-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9522',
			'image' => '20190104014933_aaa.jpg',
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			'id' => '9747',
			'article_category_id' => '1',
			'title' => 'Government Determines MRP of Sugarcane',
			'sub_title' => '',
			'summary' => 'January 4: The Government has set the minimum retail price of sugarcane at Rs 536.56 per quintal for the fiscal year 2018/19.',
			'content' => '<p>January 4: The Government has set the minimum retail price of sugarcane at Rs 536.56 per quintal for the fiscal year 2018/19.</p>

<p>Sharing the decision taken by the cabinet on December 28 and 31, government spokesperson Gokul Banskota said on Thursday that the government has also decided to give a grant of Rs 65.28 per quintal to the sugarcane farmers. Hence, the sugar industries need to pay the sugarcane farmers Rs 471 per quintal, according to a news report published by Rastriya Samachar Samiti (RSS).</p>

<p>According to Spokesperson Banskota, the government has decided to upgrade five hospitals including the Koshi Zonal Hospital in Biratnagar, Narayani Sub-regional Hospital in Birgunj, Bharatpur Hospital in Chitwan, Bheri Zonal Hospital in Nepalgunj and Dadeldhura Sub-regional Hospital in Dadeldhura.</p>

<p>Spokesperson Banskota, who is also the Minister for Communications and Information Technology, shared that the government has directed Nepal Telecom to operate the 4G project within 12 months. Likewise, 5G service will also be piloted in Biratnagar, Kathmandu, Nepalgunj and Pokhara.</p>
',
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			'created' => '2019-01-04',
			'modified' => '2019-01-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9521',
			'image' => '20190104015749_y.jpg',
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		'Article' => array(
			'id' => '9748',
			'article_category_id' => '1',
			'title' => 'Unauthorized Pesticide Users to be Fined',
			'sub_title' => '',
			'summary' => 'January 4: Minister for Agriculture and Livestock Development, Chakrapani Khanal, has insisted on checking the smuggling and unauthorized use of pesticides.',
			'content' => '<p>January 4: Minister for Agriculture and Livestock Development, Chakrapani Khanal, has insisted on checking the smuggling and unauthorized use of pesticides.</p>

<p>He said so while presenting the &lsquo;Management of Pesticides Bill, 2075&rsquo; in the meeting of the House of Representatives on Thursday, January 3.</p>

<p>According to Rastriya Samachar Samiti (RSS), Minister Khanal said that the bill has been introduced to amend the existing laws for controlling the rampant and widespread use of pesticides.</p>

<p>The bill has made provision for fines ranging from Rs 50,000 to Rs 150,000 on those people involved in the unauthorized use of pesticides.</p>

<p>&nbsp;</p>
',
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			'created' => '2019-01-04',
			'modified' => '2019-01-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9520',
			'image' => '20190104020408_pesticidesan.jpg',
			'article_date' => '2019-01-04 00:00:00',
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		'Article' => array(
			'id' => '9745',
			'article_category_id' => '1',
			'title' => 'Nepal’s Sugar Industries Still in Crisis',
			'sub_title' => '',
			'summary' => 'January 3: Sugar industries of Nepal have been incurring losses as their problems have been left unaddressed by the government. ',
			'content' => '<p>January 3: Sugar industries of Nepal have been incurring losses as their problems have been left unaddressed by the government. President of Nepal Sugar Producers Association, Shashi Kant Agrawal, said that they are compelled to operate their business in loss since the government has not adopted a scientific approach to set the price of sugar.</p>

<p>According to Agrawal, the producers have been selling sugar at Rs 55 per kg due to which the industrialists are facing great loss in the business. Because of this, the industrialists are facing difficulties to pay the due amount to the sugarcane farmers.</p>

<p>Speaking at a discussion program organised by the Industry, Commerce, Labor and Consumer Welfare Protection Committee on Wednesday, Agrawal said, &ldquo;If this condition persists, , the industrialists will not be able to pay the remaining amount. The government must take the responsibility for paying the debt.&rdquo;</p>

<p>According to him, the industrialists will be able to pay the due amount to the sugarcane farmers only the government fixes the price of sugar in a scientific way.</p>

<p>Minister for Industry, Commerce and Supply Matrika Prasad Yadav appealed to the sugar producers to continue their production. He assured that the government is ready for discussion with sugar the industrialists.</p>

<p>Blaming the industrialists for inflating the price of sugar, Minister Yadav urged the sugar producers look at the whole picture by putting themselves on the shoes of the general public.</p>

<p>&ldquo;It has been found that the price of sugar has been increased at the whims of the producers. And when we request them to stop this, the sugar industrialists threaten to shut their industries,&rdquo; he said, adding, &ldquo;The government imposed a ban on the import of sugar upon the suggestion of the sugar industrialists. The government is in the favor of the industrialists/ traders, and they also need to support the government by running the industries properly.&rdquo;</p>

<p>He clarified that the government cannot increase the price of sugar in a way that it affects the customers. He said that the ministry is working to fix the price of sugarcane and sugar within two days.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2019-01-03',
			'modified' => '2019-01-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9519',
			'image' => '20190103041621_aaaaaaa.jpg',
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			'id' => '9735',
			'article_category_id' => '1',
			'title' => 'Action against 18 industries producing sub-standard goods',
			'sub_title' => '',
			'summary' => 'January 3: Nepal Bureau of Standards and Metrology has taken action against 18 industries for producing sub-standard goods, according to a news report published by Rastriya Samachar Samiti (RSS). ',
			'content' => '<p>January 3: Nepal Bureau of Standards and Metrology has taken action against 18 industries for producing sub-standard goods, according to a news report published by Rastriya Samachar Samiti (RSS).&nbsp;</p>

<p>The state-run news agency said that the bureau took action against industries manufacturing goods without meeting the quality and standard in the current fiscal year.&nbsp;<br />
The industries facing action include Ghirahi Cement Pvt Ltd, Dang; Narayani Micro-pipe Industry Pvt Ltd, Bara; Nawa Nepal Plastic Industry; Narayani Cement Industry Pvt Ltd, Bara; Mega Cement Pvt Ltd, Jhapa; Laxmi Steels Pvt Ltd, Nawalparasi; Kathmandu Steels Pvt Ltd, Nawalparasi; and Ganapati Vanaspati Pvt Ltd, Bara.&nbsp;<br />
Other industries facing action of the bureau are International Cement Pvt Ltd, Birgunj; Gorakhkali Cement Industries Pvt Ltd, Jhapa; Annapurna Cement Pvt Ltd, Morang; Golden Battery Pvt Ltd, Morang; Sugam Manufacturer, Kathmandu; MJP Cement Pvt Ltd, Kapilbastu; Ganapati Cement Pvt Ltd, Kapilbastu; Hongsi Cement Industry, Nawalparasi; Arghakhanchi Cement Industry, Rupandehi; and Shubha Shree Jagadamba Cement Industry, Bara.&nbsp;<br />
According to RSS, director general of the bureau, Bishwa Bandhu Pudasaini, said action was taken against these industries which manufactured products without meeting the standard and quality. The license of most of the industries facing action has been suspended and the sales and distribution of manufactured goods have been stopped.&nbsp;<br />
The bureau has written to the industries facing action to produce quality products, failing which their licenses would be annulled.&nbsp;<br />
The bureau has provided license to 250 industries for manufacturing 369 types of products of 60 different categories.&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2019-01-03',
			'modified' => '2019-01-03',
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			'description' => '',
			'sortorder' => '9510',
			'image' => '20190103125220_industry.jpg',
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		'Article' => array(
			'id' => '9737',
			'article_category_id' => '1',
			'title' => 'Insurance of Houses Rebuilt with Government Grant',
			'sub_title' => '',
			'summary' => 'January 3: National Insurance Company (NIC) is all set to insure the quake-damaged houses which were rebuilt with the support of government grant assistance.',
			'content' => '<p>January 3: National Insurance Company (NIC) is all set to insure the quake-damaged houses which were rebuilt with the support of government grant assistance. The company in collaboration with the government has prepared the &lsquo;Insurance to Private Houses Rebuilt with Government Grant Procedure 2075&rsquo; to insure the houses. It is stated that the insurance policy will cover all possible risks.</p>

<p>The company is about to introduce an insurance scheme of Rs 500,000. The premium charge for the policy is Rs 450 (excluding VAT) per year. The government will pay 50 percent of the insurance premium and the remaining 50 percent will be deducted from the government grant. The households that have already received all three tranches of the government grant will have to pay the insurance premium to the insurance company.</p>

<p>The insurance policy period will be of five years for which the households should pay between Rs 1,200 to Rs 1,300 insurance premium. During this period, if the houses get damaged due to any reasons the company will bear the compensation for the damages. According to the procedure, the houses built with the support of government grant should compulsorily be involved in the insurance policy programme.&nbsp; &nbsp;&nbsp;</p>

<p>The households that have not started the construction works after receiving the government grant will not be eligible for this policy. To be a part of this policy, the households should have to start the construction work. According to the company, the houses under construction will also have engineering insurance. The company will compensate if any house in the process of construction suffers from any kind of damage.</p>

<p>&nbsp;</p>
',
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	(int) 9 => array(
		'Article' => array(
			'id' => '9734',
			'article_category_id' => '1',
			'title' => 'Export of National Priority Products Drops',
			'sub_title' => '',
			'summary' => 'January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority products.',
			'content' => '<p>January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority products.</p>

<p>There has been a decrease in the export of cardamom, leather and footwear, which fall in the priority list under the &lsquo;Nepal Trade Integrition Strategy (NTIS).</p>

<p>Data published by the Trade Export Promotion Center (TEPC) on Monday, December 31, shows the decline in export of products of national priority. However, there was an increase in export of other products during the review period, according to the data.</p>

<p>In the first five months of the current FY, the country exported 1.495 million kg of black cardamom worth Rs 1.236 billion. The country had exported 1.814 million kg of black cardamom during the same period of last FY while the total export last year stood at 5.43 million kg.</p>

<p>It shows that the export of black cardamom in the first five months of this year plummeted by 23.8 percent.&nbsp;</p>

<p>Likewise, the export of leather goods has also plunged down. A total of 3.73 million square feet of leather goods worth Rs 164.7 million were exported from the country in these five months. The export of leather goods in the corresponding &nbsp;period of last year was double the amount of this year.</p>

<p>Similarly, the export of footwear also dropped by 24.1 percent this year. Last year, income generated by the export of footwear stood at Rs 633.8 million in the first five months while the income in the corresponding period of this year has been limited to Rs 480 million,.&nbsp;</p>

<p>The government has included all kinds of agricultural products such as cardamom, , ginger, tea, herbs and domestic products including garments, readymade clothes, thread, pashmina, leather goods, shoes etc in the national priority list.</p>

<p>Sharad Bikram Rana, executive director of TEPC, said that overall export of the country is encouraging but the trade deficit is escalating because of low export compared to import.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '9732',
			'article_category_id' => '1',
			'title' => 'Buddha Air Planning to Operate Int’l Flights from Pokhara',
			'sub_title' => '',
			'summary' => 'January 2: Buddha Air has started preparation to expand its service in the international market. ',
			'content' => '<p>January 2: Buddha Air has started preparation to further expand its service in the international market. The airline company plans to register a new company in Pokhara under its brand for this purpose.</p>

<p>Buddha Air plans to sort out the economic and technical issues within six months before starting the international service. It is said that the name of the new company will be named as &lsquo;Buddha Air International&rsquo;.</p>

<p>Sources at Buddha Air said that the airline company adopted this approach to capitalize on the increasing inflow of tourists in Pokhara.</p>

<p>Buddha Air&rsquo;s Marketing Director Rupesh Joshi confirmed that the company is planning to operate international flights from Pokhara by establishing a company in the lake city.</p>

<p>According to the company, it is also preparing to finalize the purchase of aircraft for operating international flights by the time the regional airport of Pokhara gets upgraded into an international airport in 2020.</p>

<p>&nbsp;&ldquo;The Tribhuvan International Airport is very congested and the government is upgrading Pokhara Regional Airport into international standard. Since it will take some time to start international flights from Pokhara, we have been currently involved in registering the new company.&rdquo;</p>

<p>Buddha Air is also planning to start flights to Kolkata from mid-April. Joshi informed that it will start the service thrice a week on Mondays, Wednesdays and Fridays.</p>

<p>He also informed that the company is adding two more aircraft to its fleet in February. &nbsp;At present, the company has been operating its services with 11 aircraft. Currently, Buddha Air operates international flights to Beneras twice a week.</p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '9731',
			'article_category_id' => '1',
			'title' => 'Parliamentary Panel Recommends Action Against Minister ',
			'sub_title' => '',
			'summary' => 'January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation. ',
			'content' => '<p>January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation. The sub-committee under the Public Accounts Committee (PAC) of parliament has held him accountable for irregularities in the procurement process for providing misleading information to the sub-committee and for shying away from his duties.</p>

<p>The parliamentary panel has also accused former ministers Jitendra Narayan Dev and Jeevan Bahadur Shahi of their involvement in the scam.</p>

<p>The sub-committee headed by lawmaker Rajan KC has recommended suspending Director General of Nepal Airlines Corporation Sugat Ratna Kansakar, secretary at the Ministry of Culture, Tourism and Civil Aviation Krishna Prasad Devkota and former secretary at the ministry Prem Kumar Rai, who is currently the home secretary.</p>

<p>The Public Accounts Committee had formed the sub-committee to investigate into irregularities during the procurement of the wide-body aircraft. The panel has concluded that the authorities were involved in misappropriating Rs 4.37 billion while procuring the aircraft. On Wednesday (January 2), coordinator of the sub-committee KC handed over a 38-page report of investigation to the chairman of PAC Bharat Kumar Shah.</p>

<p>&nbsp;</p>
',
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			'sortorder' => '9505',
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	(int) 12 => array(
		'Article' => array(
			'id' => '9730',
			'article_category_id' => '1',
			'title' => 'Govt Proposal Risks Destabilizing Industrial Sector',
			'sub_title' => '',
			'summary' => 'January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government.  ',
			'content' => '<p>January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government.&nbsp; Big corporate houses, companies, banks and financial institutions, representatives of the private sector as well as trade unions have said in unison that the amendment proposal aims to demoralize both the industrialists and the workers. They have demanded the government to withdraw the amendment proposal and initiate dialogues with the concerned stakeholders.</p>

<p>In this regard, the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) held discussions with the representatives of multinational companies operating in Nepal on Tuesday (January 1) and reached to the conclusion that the amendment proposal is inappropriate. The FNCCI also urged the government to reconsider its decision to amend the Act.</p>

<p>&ldquo;The amendment proposal is certain to spoil the good relation between the employer and the employee. Therefore, we held discussions on requesting the government to withdraw the amendment proposal,&rdquo; said Shekhar Golcha, senior vice president of FNCCI.</p>

<p>There will definitely be a revolt if the government snatches away the perks and benefits that the workers have been enjoying, argued Golcha.</p>

<p>&ldquo;This decision will have a long-term effect in the industrial sector,&rdquo; he added.</p>

<p>Nepal Bankers&rsquo; Association also held discussions regarding this issue on Tuesday. The association&rsquo;s executive director Anil Sharma said that the government&rsquo;s decision will have a direct impact on the banking sector as thousands of employees will be denied their perks and benefits which they have been receiving so far.</p>

<p>&ldquo;The amendment will demoralize thousands of workers,&rdquo; he said.</p>

<p>Likewise, the trade union affiliated to Nepali Congress warned the government of grave consequences if the government goes ahead with the amendment proposal which is against the wishes of both the employers and the employees.</p>

<p>The Bonus Act 2030 currently has a provision of depositing 30 percent of amount left after distributing bonuses to the employees at the social security fund of the government. However, the government&rsquo;s amendment proposal seeks to take away 70 percent of the amount, leaving very little benefits for the employees.</p>
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	(int) 13 => array(
		'Article' => array(
			'id' => '9729',
			'article_category_id' => '1',
			'title' => 'Bandipur receives 150,000 Tourists in a Year',
			'sub_title' => '',
			'summary' => 'January 2: Tanahun’s tourism hub Bandipur welcomed 150,000 tourists during a period of one year. ',
			'content' => '<p>January 2: Tanahun&rsquo;s tourism hub Bandipur welcomed 150,000 tourists during a period of one year.&nbsp;Bandipur&rsquo;s Tourism Development Committee Chairperson Baisha Bahadur Gurung informed Rastriya Samachar Samiti that 150,000 tourists had visited Bandipur from January to December 2018.</p>

<p>According to RSS, around 100,000 tourists had visited Bandipur in the year 2017.</p>

<p>&ldquo;Roughly, 80 percent of the visitors are domestic tourists,&rdquo; RSS quoted Gurung as saying.</p>

<p>&ldquo;The tourism hub had received higher number of external tourists from the United States, Thailand, China, India and Korea,&rdquo; he added.&nbsp;<br />
There was a huge influx of domestic tourists to Bandipur during the English New Year 2019, he further said, adding that Nepali people have gradually cultivated the habit of visiting places within the country which also has contributed to promote domestic tourism.&nbsp;<br />
&nbsp;</p>

<p>According to tourism entrepreneurs of Bandipur, a huge number of tourists flock to Bandipur in the winter season. On an average, around 300 tourists visit Bandipur every day.&nbsp;<br />
Bandipur has 57 hotels and 22 home stay facilities to manage the living and food accommodation of tourists, according to RSS.</p>

<p>&nbsp;</p>
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			'id' => '9728',
			'article_category_id' => '1',
			'title' => 'Book Building System to Start Public Issue of Shares',
			'sub_title' => '',
			'summary' => 'January 1: The government is planning to introduce book building system for public issuance of shares. ',
			'content' => '<p>
	January 1: The government is planning to introduce book building system for public issuance of shares. The government took such decision as per the recommendation of a committee formed to study the problems of the share market. The committee announced that the government has decided to introduce the system for Initial Public Offering (IPO) as well as for Further Public Offering (FPO).</p>
<p>
	Until the new system comes into operation, the committee has recommended the government not to allow issuing of FPO at a price more than the net worth of the company and IPO at a price more than double the net worth.</p>
<p>
	The committee has recommended the Securities Board of Nepal (Sebon) to implement this suggestion with immediate effect.</p>
<p>
	Book building system is a kind of bidding process. Under this system, the companies issuing shares will have to auction a certain portion of their shares. International practice is to adopt the &lsquo;Dutch Auction&rsquo; for such bidding process.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
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		'Article' => array(
			'id' => '9754',
			'article_category_id' => '1',
			'title' => 'Chitwan National Park becomes Nepal’s First Plastic-Free Protected area',
			'sub_title' => '',
			'summary' => 'January 6: Chitwan National Park has been declared plastic-free protected area.',
			'content' => '<p>January 6: Chitwan National Park has been declared plastic-free protected area. The government made such announcement amid a special program in Sauraha. According to the government, the national park has been declared plastic-free area effective from January 1.</p>

<p>Himalayan Climate Initiative (HCI), along with its partner Coca-Cola in Nepal, the Nepalese Army, WWF Nepal, National Trust For nature Conservation, local buffer zone communities and tourism entrepreneurs supported the initiative led by the Ministry of Forests and Environment to implement Chitwan National Park as the country&rsquo;s first plastic-free protected area.</p>

<p>The announcement function was attended by the representatives from the local, provincial and federal governments, buffer zone communities, private sector, tourism agencies and civil society organizations.</p>

<p>The Coca-Cola Foundation and Bottlers Nepal Limited said in a statement that they have been supporting HCI for the responsible, ethical and fair supply of collecting and recycling plastic bottles since the past four years.</p>

<p>Dr Ghanashyam Gurung, Country representatives of WWF Nepal stated, &ldquo;We are looking at local solutions to tackle the world&rsquo;s global problems, plastic being one of them. By working together at all levels &ndash; federal, provincial and local &ndash; we need to uphold our individual and institutional commitment and credibility for the successful implementation of this maiden undertaking.&rdquo;&nbsp;&nbsp;</p>

<p>Collection bins have been placed in numerous locations outside Chitwan National Park for visitors to dispose of any plastic items brought out from the national park. The collected single use plastics, primarily water bottles, will in turn be taken back to collection sites and waste management plants in Chitwan for recycling.</p>

<p>With a plastic bag ban already in effect in Kathmandu Valley and given a successful implementation in Chitwan National Park, the zero-plastics initiative is expected to find further impetus and introduced in other protected areas and regions of Nepal, the statement said.</p>

<p>&nbsp;</p>
',
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			'title' => 'Central Bank to Facilitate BFIs Merger Process',
			'sub_title' => '',
			'summary' => 'January 6: Nepal Rastra Bank has adopted a new policy to facilitate the process for merger between financial institutions, according to the state-run news agency Rastriya Samachar Samiti (RSS). ',
			'content' => '<p>January 6: Nepal Rastra Bank has adopted a new policy to facilitate the process for merger between financial institutions, according to the state-run news agency Rastriya Samachar Samiti (RSS).&nbsp;</p>

<p>Issuing a circular on January 5, the central bank stated that it would moderate and facilitate the financial institutions for merger process or their up-gradation as per the Bank and Financial Institutions Act 2073 BS.&nbsp;<br />
In the circular, the central bank has further stated that it would inform the Office of the Company Registrar, Securities Board of Nepal and Nepal Stock Exchange to support the merger process.&nbsp;<br />
The directive further urged the financial institutions failing to meet the capital requirements as per the NRB regulations and are bearing loss for five consecutive years to go for merger process, according to RSS.&nbsp;<br />
RSS further reported that the banks and financial institutions dominated the security market in terms of share trading this week. Nepal Bank Limited topped the top 10 companies trading shares with the transaction of 302 shares. Likewise, Nepal Credit and Commerce Bank remained second with the trading of 247 shares followed by Janata Bank with the trading of 154 shares. Prabhu Bank traded 142 shares, while NMB Bnak 140, Mega Bank 129 and Global IME Bank 102.&nbsp;<br />
Likewise, Api Power Company witnessed the trading of 97 shares, while National Life Insurance (NLI) 93 and Nepal Life Insurance 90.&nbsp;<br />
Nepal Telecommunication Company topped the market capitalization list. Other top 10 companies dominating the market capitalization were Nepal Investment Bank, Nabil Bank, Standard Chartered Bank, the NLI, Everest Bank, Himalayan Bank, NIC Asia Ban, Nepal SBI Bank and NMB Bank.&nbsp;<br />
According to NEPSE, 1.8 million initial public offering (IPO) shares of Chautari Laghubitta Bittiya Sanstha Ltd were listed this week.&nbsp;</p>
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			'id' => '9753',
			'article_category_id' => '1',
			'title' => 'Govt intervention, awareness campaigns needed for safety of migrant workers: Study',
			'sub_title' => '',
			'summary' => 'January 6: A study conducted by Bournemouth University in collaboration with Liverpool John Moores University to look into the conditions surrounding female migrant workers of Nepal has recommended the Government of Nepal to initiate awareness campaigns about health risks, rights and health services in host countries.',
			'content' => '<p>January 6: A study conducted by Bournemouth University in collaboration with Liverpool John Moores University to look into the conditions surrounding female migrant workers of Nepal has recommended the Government of Nepal to initiate awareness campaigns about health risks, rights and health services in host countries.</p>

<p>Bournemouth University said in a statement that the study looked into the working conditions of Nepalese migrant workers, especially in the Gulf countries.</p>

<p>The study concluded that raising awareness among female migrant workers can make a change in their working lives. The study found that female migrant workers face work-related health risks, which are often related to exploitation. Thus, recruiting agencies/employers should provide information on health risks and training for preventive measures, said the statement released on January 3.</p>

<p>Figures from the Department of Foreign Employment of Nepal have shown that over 176,000 Nepali women were granted labour permits to work abroad since records started in 2008, traveling mainly to the UAE, Kuwait, Malaysia, Qatar, Saudi Arabia, Cyprus and Jordan. Since 2016, Nepalese authorities outlawed labour permits for domestic work in the Gulf, amidst reports of the abuse of Nepalese migrants working as maids in the region, the statement said.</p>

<p>A dissemination session, held in January, looked to highlight issues within the female migrant worker minority group, at which Bournemouth University&rsquo;s study exploring the healthcare problems of more than 1,000 migrant returnees aged 14-51 was shared. Speaking about the study, Professor Edwin van Teijlingen at Bournemouth University stressed, &ldquo;It is important that the people publish their findings either positive or negative so that others can learn from it. Publishing good quality-research in Nepal ensures a wider global audience.&rdquo;</p>

<p>Findings reflected that more than a quarter of women had experienced health problems working abroad. Fever, accidents and severe illness were commonly reported, alongside with working without breaks. It was also found that migrant women who are illiterate, had been severely maltreated or tortured in the workplace, were not being paid on time, and migrant women who had family problems at home were significantly associated with health problems in their host country in the Middle East, the statement further said.</p>

<p>Liverpool John Moores University&rsquo;s Professor Padam Simkhada said, &ldquo;This is one of several projects we are working on in the field of health and migration.&nbsp; It combines both health and human rights issues.&rdquo; He added: &ldquo;We often forget that working aboard offers female migrant workers an opportunity to learn new skills that are of use when returning home.&rdquo;</p>

<p>The study and the subsequent dissemination session also raised questioned over Nepalese government intervention.</p>

<p>Concerns were also raised over the current ban on women working domestically in the Gulf region, as many Nepalese migrants defy this to travel illegally, thus encountering additional risk, with an 8.95 per cent increase in Nepalese applications to work in other industries abroad seen just a year after the restrictions were imposed.</p>

<p>The UK universities worked alongside two Nepalese organisations, Green Tara Nepal and POURAKHI Nepal, in this research.</p>

<p>&nbsp;</p>
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			'id' => '9746',
			'article_category_id' => '1',
			'title' => 'Committee to Probe Wide-Body Aircraft Scam',
			'sub_title' => '',
			'summary' => 'January 4: The government has formed a high-level probe committee to investigate into the alleged irregularities in the procurement of the wide-body aircraft for the Nepal Airlines Corporation. ',
			'content' => '<div>January 4: The government has formed a high-level probe committee to investigate into the alleged irregularities in the procurement of the wide-body aircraft for the Nepal Airlines Corporation.&nbsp;</div>

<div><span style="font-size:13px">A meeting of the Council of Ministers on Thursday decided to form the three-member committee headed by former Supreme Court Justice Govinda Prasad Parajuli. Other members of the committee includes former Deputy Attorney General Narendra Prasad Pathak and Chartered Accountant Madan Sharma, informed Minister for Communications and Information Technology Gokul Baskota. The government formed the probe committee after a parliamentary sub-committee prepared a report alleging misappropriation of around Rs 4 billion during the procurement process and recommended action against high-ranking officials as well as sitting minister and former ministers.</span></div>

<div><span style="font-size:13px">The probe committee has been mandated to submit a report within 45 days after investigating the procurement of two Airbus aircraft.&nbsp;</span></div>

<div><span style="font-size:13px">A report made public by the sub-committee of the Public Accounts Committee of the parliament on Wednesday had recommended action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari as well as former tourism ministers Jeevan Bahadur Shahi and Jitendra Narayan Dev.&nbsp;</span></div>

<div><span style="font-size:13px">The sub-committee headed by lawmaker Rajan KC has also recommended suspending Director General of Nepal Airlines Corporation Sugat Ratna Kansakar, secretary at the Ministry of Culture, Tourism and Civil Aviation Krishna Prasad Devkota and former secretary at the ministry Prem Kumar Rai, who is currently the home secretary.</span></div>

<div><span style="font-size:13px">The Public Accounts Committee had formed the sub-committee in December to investigate into irregularities during the procurement of the wide-body aircraft. The panel has concluded that the authorities were involved in misappropriating Rs 4.37 billion while procuring the aircraft. On Wednesday (January 2), coordinator of the sub-committee KC handed over a 38-page report of investigation to the chairman of PAC Bharat Kumar Shah.</span></div>
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			'created' => '2019-01-04',
			'modified' => '2019-01-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9522',
			'image' => '20190104014933_aaa.jpg',
			'article_date' => '2019-01-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '20'
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	),
	(int) 4 => array(
		'Article' => array(
			'id' => '9747',
			'article_category_id' => '1',
			'title' => 'Government Determines MRP of Sugarcane',
			'sub_title' => '',
			'summary' => 'January 4: The Government has set the minimum retail price of sugarcane at Rs 536.56 per quintal for the fiscal year 2018/19.',
			'content' => '<p>January 4: The Government has set the minimum retail price of sugarcane at Rs 536.56 per quintal for the fiscal year 2018/19.</p>

<p>Sharing the decision taken by the cabinet on December 28 and 31, government spokesperson Gokul Banskota said on Thursday that the government has also decided to give a grant of Rs 65.28 per quintal to the sugarcane farmers. Hence, the sugar industries need to pay the sugarcane farmers Rs 471 per quintal, according to a news report published by Rastriya Samachar Samiti (RSS).</p>

<p>According to Spokesperson Banskota, the government has decided to upgrade five hospitals including the Koshi Zonal Hospital in Biratnagar, Narayani Sub-regional Hospital in Birgunj, Bharatpur Hospital in Chitwan, Bheri Zonal Hospital in Nepalgunj and Dadeldhura Sub-regional Hospital in Dadeldhura.</p>

<p>Spokesperson Banskota, who is also the Minister for Communications and Information Technology, shared that the government has directed Nepal Telecom to operate the 4G project within 12 months. Likewise, 5G service will also be piloted in Biratnagar, Kathmandu, Nepalgunj and Pokhara.</p>
',
			'published' => true,
			'created' => '2019-01-04',
			'modified' => '2019-01-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9521',
			'image' => '20190104015749_y.jpg',
			'article_date' => '2019-01-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '9748',
			'article_category_id' => '1',
			'title' => 'Unauthorized Pesticide Users to be Fined',
			'sub_title' => '',
			'summary' => 'January 4: Minister for Agriculture and Livestock Development, Chakrapani Khanal, has insisted on checking the smuggling and unauthorized use of pesticides.',
			'content' => '<p>January 4: Minister for Agriculture and Livestock Development, Chakrapani Khanal, has insisted on checking the smuggling and unauthorized use of pesticides.</p>

<p>He said so while presenting the &lsquo;Management of Pesticides Bill, 2075&rsquo; in the meeting of the House of Representatives on Thursday, January 3.</p>

<p>According to Rastriya Samachar Samiti (RSS), Minister Khanal said that the bill has been introduced to amend the existing laws for controlling the rampant and widespread use of pesticides.</p>

<p>The bill has made provision for fines ranging from Rs 50,000 to Rs 150,000 on those people involved in the unauthorized use of pesticides.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-04',
			'modified' => '2019-01-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9520',
			'image' => '20190104020408_pesticidesan.jpg',
			'article_date' => '2019-01-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 6 => array(
		'Article' => array(
			'id' => '9745',
			'article_category_id' => '1',
			'title' => 'Nepal’s Sugar Industries Still in Crisis',
			'sub_title' => '',
			'summary' => 'January 3: Sugar industries of Nepal have been incurring losses as their problems have been left unaddressed by the government. ',
			'content' => '<p>January 3: Sugar industries of Nepal have been incurring losses as their problems have been left unaddressed by the government. President of Nepal Sugar Producers Association, Shashi Kant Agrawal, said that they are compelled to operate their business in loss since the government has not adopted a scientific approach to set the price of sugar.</p>

<p>According to Agrawal, the producers have been selling sugar at Rs 55 per kg due to which the industrialists are facing great loss in the business. Because of this, the industrialists are facing difficulties to pay the due amount to the sugarcane farmers.</p>

<p>Speaking at a discussion program organised by the Industry, Commerce, Labor and Consumer Welfare Protection Committee on Wednesday, Agrawal said, &ldquo;If this condition persists, , the industrialists will not be able to pay the remaining amount. The government must take the responsibility for paying the debt.&rdquo;</p>

<p>According to him, the industrialists will be able to pay the due amount to the sugarcane farmers only the government fixes the price of sugar in a scientific way.</p>

<p>Minister for Industry, Commerce and Supply Matrika Prasad Yadav appealed to the sugar producers to continue their production. He assured that the government is ready for discussion with sugar the industrialists.</p>

<p>Blaming the industrialists for inflating the price of sugar, Minister Yadav urged the sugar producers look at the whole picture by putting themselves on the shoes of the general public.</p>

<p>&ldquo;It has been found that the price of sugar has been increased at the whims of the producers. And when we request them to stop this, the sugar industrialists threaten to shut their industries,&rdquo; he said, adding, &ldquo;The government imposed a ban on the import of sugar upon the suggestion of the sugar industrialists. The government is in the favor of the industrialists/ traders, and they also need to support the government by running the industries properly.&rdquo;</p>

<p>He clarified that the government cannot increase the price of sugar in a way that it affects the customers. He said that the ministry is working to fix the price of sugarcane and sugar within two days.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2019-01-03',
			'modified' => '2019-01-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9519',
			'image' => '20190103041621_aaaaaaa.jpg',
			'article_date' => '2019-01-03 00:00:00',
			'homepage' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '9735',
			'article_category_id' => '1',
			'title' => 'Action against 18 industries producing sub-standard goods',
			'sub_title' => '',
			'summary' => 'January 3: Nepal Bureau of Standards and Metrology has taken action against 18 industries for producing sub-standard goods, according to a news report published by Rastriya Samachar Samiti (RSS). ',
			'content' => '<p>January 3: Nepal Bureau of Standards and Metrology has taken action against 18 industries for producing sub-standard goods, according to a news report published by Rastriya Samachar Samiti (RSS).&nbsp;</p>

<p>The state-run news agency said that the bureau took action against industries manufacturing goods without meeting the quality and standard in the current fiscal year.&nbsp;<br />
The industries facing action include Ghirahi Cement Pvt Ltd, Dang; Narayani Micro-pipe Industry Pvt Ltd, Bara; Nawa Nepal Plastic Industry; Narayani Cement Industry Pvt Ltd, Bara; Mega Cement Pvt Ltd, Jhapa; Laxmi Steels Pvt Ltd, Nawalparasi; Kathmandu Steels Pvt Ltd, Nawalparasi; and Ganapati Vanaspati Pvt Ltd, Bara.&nbsp;<br />
Other industries facing action of the bureau are International Cement Pvt Ltd, Birgunj; Gorakhkali Cement Industries Pvt Ltd, Jhapa; Annapurna Cement Pvt Ltd, Morang; Golden Battery Pvt Ltd, Morang; Sugam Manufacturer, Kathmandu; MJP Cement Pvt Ltd, Kapilbastu; Ganapati Cement Pvt Ltd, Kapilbastu; Hongsi Cement Industry, Nawalparasi; Arghakhanchi Cement Industry, Rupandehi; and Shubha Shree Jagadamba Cement Industry, Bara.&nbsp;<br />
According to RSS, director general of the bureau, Bishwa Bandhu Pudasaini, said action was taken against these industries which manufactured products without meeting the standard and quality. The license of most of the industries facing action has been suspended and the sales and distribution of manufactured goods have been stopped.&nbsp;<br />
The bureau has written to the industries facing action to produce quality products, failing which their licenses would be annulled.&nbsp;<br />
The bureau has provided license to 250 industries for manufacturing 369 types of products of 60 different categories.&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-03',
			'modified' => '2019-01-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9510',
			'image' => '20190103125220_industry.jpg',
			'article_date' => '2019-01-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 8 => array(
		'Article' => array(
			'id' => '9737',
			'article_category_id' => '1',
			'title' => 'Insurance of Houses Rebuilt with Government Grant',
			'sub_title' => '',
			'summary' => 'January 3: National Insurance Company (NIC) is all set to insure the quake-damaged houses which were rebuilt with the support of government grant assistance.',
			'content' => '<p>January 3: National Insurance Company (NIC) is all set to insure the quake-damaged houses which were rebuilt with the support of government grant assistance. The company in collaboration with the government has prepared the &lsquo;Insurance to Private Houses Rebuilt with Government Grant Procedure 2075&rsquo; to insure the houses. It is stated that the insurance policy will cover all possible risks.</p>

<p>The company is about to introduce an insurance scheme of Rs 500,000. The premium charge for the policy is Rs 450 (excluding VAT) per year. The government will pay 50 percent of the insurance premium and the remaining 50 percent will be deducted from the government grant. The households that have already received all three tranches of the government grant will have to pay the insurance premium to the insurance company.</p>

<p>The insurance policy period will be of five years for which the households should pay between Rs 1,200 to Rs 1,300 insurance premium. During this period, if the houses get damaged due to any reasons the company will bear the compensation for the damages. According to the procedure, the houses built with the support of government grant should compulsorily be involved in the insurance policy programme.&nbsp; &nbsp;&nbsp;</p>

<p>The households that have not started the construction works after receiving the government grant will not be eligible for this policy. To be a part of this policy, the households should have to start the construction work. According to the company, the houses under construction will also have engineering insurance. The company will compensate if any house in the process of construction suffers from any kind of damage.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-03',
			'modified' => '2019-01-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9509',
			'image' => '20190104122223_Insurance of Houses Rebuilt with Government Grant.jpg',
			'article_date' => '2019-01-03 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '9734',
			'article_category_id' => '1',
			'title' => 'Export of National Priority Products Drops',
			'sub_title' => '',
			'summary' => 'January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority products.',
			'content' => '<p>January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority products.</p>

<p>There has been a decrease in the export of cardamom, leather and footwear, which fall in the priority list under the &lsquo;Nepal Trade Integrition Strategy (NTIS).</p>

<p>Data published by the Trade Export Promotion Center (TEPC) on Monday, December 31, shows the decline in export of products of national priority. However, there was an increase in export of other products during the review period, according to the data.</p>

<p>In the first five months of the current FY, the country exported 1.495 million kg of black cardamom worth Rs 1.236 billion. The country had exported 1.814 million kg of black cardamom during the same period of last FY while the total export last year stood at 5.43 million kg.</p>

<p>It shows that the export of black cardamom in the first five months of this year plummeted by 23.8 percent.&nbsp;</p>

<p>Likewise, the export of leather goods has also plunged down. A total of 3.73 million square feet of leather goods worth Rs 164.7 million were exported from the country in these five months. The export of leather goods in the corresponding &nbsp;period of last year was double the amount of this year.</p>

<p>Similarly, the export of footwear also dropped by 24.1 percent this year. Last year, income generated by the export of footwear stood at Rs 633.8 million in the first five months while the income in the corresponding period of this year has been limited to Rs 480 million,.&nbsp;</p>

<p>The government has included all kinds of agricultural products such as cardamom, , ginger, tea, herbs and domestic products including garments, readymade clothes, thread, pashmina, leather goods, shoes etc in the national priority list.</p>

<p>Sharad Bikram Rana, executive director of TEPC, said that overall export of the country is encouraging but the trade deficit is escalating because of low export compared to import.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-02',
			'modified' => '2019-01-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9508',
			'image' => '20190102040430_1111.jpg',
			'article_date' => '2019-01-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '20'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '9732',
			'article_category_id' => '1',
			'title' => 'Buddha Air Planning to Operate Int’l Flights from Pokhara',
			'sub_title' => '',
			'summary' => 'January 2: Buddha Air has started preparation to expand its service in the international market. ',
			'content' => '<p>January 2: Buddha Air has started preparation to further expand its service in the international market. The airline company plans to register a new company in Pokhara under its brand for this purpose.</p>

<p>Buddha Air plans to sort out the economic and technical issues within six months before starting the international service. It is said that the name of the new company will be named as &lsquo;Buddha Air International&rsquo;.</p>

<p>Sources at Buddha Air said that the airline company adopted this approach to capitalize on the increasing inflow of tourists in Pokhara.</p>

<p>Buddha Air&rsquo;s Marketing Director Rupesh Joshi confirmed that the company is planning to operate international flights from Pokhara by establishing a company in the lake city.</p>

<p>According to the company, it is also preparing to finalize the purchase of aircraft for operating international flights by the time the regional airport of Pokhara gets upgraded into an international airport in 2020.</p>

<p>&nbsp;&ldquo;The Tribhuvan International Airport is very congested and the government is upgrading Pokhara Regional Airport into international standard. Since it will take some time to start international flights from Pokhara, we have been currently involved in registering the new company.&rdquo;</p>

<p>Buddha Air is also planning to start flights to Kolkata from mid-April. Joshi informed that it will start the service thrice a week on Mondays, Wednesdays and Fridays.</p>

<p>He also informed that the company is adding two more aircraft to its fleet in February. &nbsp;At present, the company has been operating its services with 11 aircraft. Currently, Buddha Air operates international flights to Beneras twice a week.</p>

<p>&nbsp;</p>
',
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			'created' => '2019-01-02',
			'modified' => '2019-01-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9506',
			'image' => '20190102040524_2222.jpg',
			'article_date' => '2019-01-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '20'
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	),
	(int) 11 => array(
		'Article' => array(
			'id' => '9731',
			'article_category_id' => '1',
			'title' => 'Parliamentary Panel Recommends Action Against Minister ',
			'sub_title' => '',
			'summary' => 'January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation. ',
			'content' => '<p>January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation. The sub-committee under the Public Accounts Committee (PAC) of parliament has held him accountable for irregularities in the procurement process for providing misleading information to the sub-committee and for shying away from his duties.</p>

<p>The parliamentary panel has also accused former ministers Jitendra Narayan Dev and Jeevan Bahadur Shahi of their involvement in the scam.</p>

<p>The sub-committee headed by lawmaker Rajan KC has recommended suspending Director General of Nepal Airlines Corporation Sugat Ratna Kansakar, secretary at the Ministry of Culture, Tourism and Civil Aviation Krishna Prasad Devkota and former secretary at the ministry Prem Kumar Rai, who is currently the home secretary.</p>

<p>The Public Accounts Committee had formed the sub-committee to investigate into irregularities during the procurement of the wide-body aircraft. The panel has concluded that the authorities were involved in misappropriating Rs 4.37 billion while procuring the aircraft. On Wednesday (January 2), coordinator of the sub-committee KC handed over a 38-page report of investigation to the chairman of PAC Bharat Kumar Shah.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-02',
			'modified' => '2019-01-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9505',
			'image' => '20190102023452_Widebody-Report.jpg',
			'article_date' => '2019-01-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '9730',
			'article_category_id' => '1',
			'title' => 'Govt Proposal Risks Destabilizing Industrial Sector',
			'sub_title' => '',
			'summary' => 'January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government.  ',
			'content' => '<p>January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government.&nbsp; Big corporate houses, companies, banks and financial institutions, representatives of the private sector as well as trade unions have said in unison that the amendment proposal aims to demoralize both the industrialists and the workers. They have demanded the government to withdraw the amendment proposal and initiate dialogues with the concerned stakeholders.</p>

<p>In this regard, the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) held discussions with the representatives of multinational companies operating in Nepal on Tuesday (January 1) and reached to the conclusion that the amendment proposal is inappropriate. The FNCCI also urged the government to reconsider its decision to amend the Act.</p>

<p>&ldquo;The amendment proposal is certain to spoil the good relation between the employer and the employee. Therefore, we held discussions on requesting the government to withdraw the amendment proposal,&rdquo; said Shekhar Golcha, senior vice president of FNCCI.</p>

<p>There will definitely be a revolt if the government snatches away the perks and benefits that the workers have been enjoying, argued Golcha.</p>

<p>&ldquo;This decision will have a long-term effect in the industrial sector,&rdquo; he added.</p>

<p>Nepal Bankers&rsquo; Association also held discussions regarding this issue on Tuesday. The association&rsquo;s executive director Anil Sharma said that the government&rsquo;s decision will have a direct impact on the banking sector as thousands of employees will be denied their perks and benefits which they have been receiving so far.</p>

<p>&ldquo;The amendment will demoralize thousands of workers,&rdquo; he said.</p>

<p>Likewise, the trade union affiliated to Nepali Congress warned the government of grave consequences if the government goes ahead with the amendment proposal which is against the wishes of both the employers and the employees.</p>

<p>The Bonus Act 2030 currently has a provision of depositing 30 percent of amount left after distributing bonuses to the employees at the social security fund of the government. However, the government&rsquo;s amendment proposal seeks to take away 70 percent of the amount, leaving very little benefits for the employees.</p>
',
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			'created' => '2019-01-02',
			'modified' => '2019-01-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9504',
			'image' => '20190102020856_aaaaaa.jpg',
			'article_date' => '2019-01-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 13 => array(
		'Article' => array(
			'id' => '9729',
			'article_category_id' => '1',
			'title' => 'Bandipur receives 150,000 Tourists in a Year',
			'sub_title' => '',
			'summary' => 'January 2: Tanahun’s tourism hub Bandipur welcomed 150,000 tourists during a period of one year. ',
			'content' => '<p>January 2: Tanahun&rsquo;s tourism hub Bandipur welcomed 150,000 tourists during a period of one year.&nbsp;Bandipur&rsquo;s Tourism Development Committee Chairperson Baisha Bahadur Gurung informed Rastriya Samachar Samiti that 150,000 tourists had visited Bandipur from January to December 2018.</p>

<p>According to RSS, around 100,000 tourists had visited Bandipur in the year 2017.</p>

<p>&ldquo;Roughly, 80 percent of the visitors are domestic tourists,&rdquo; RSS quoted Gurung as saying.</p>

<p>&ldquo;The tourism hub had received higher number of external tourists from the United States, Thailand, China, India and Korea,&rdquo; he added.&nbsp;<br />
There was a huge influx of domestic tourists to Bandipur during the English New Year 2019, he further said, adding that Nepali people have gradually cultivated the habit of visiting places within the country which also has contributed to promote domestic tourism.&nbsp;<br />
&nbsp;</p>

<p>According to tourism entrepreneurs of Bandipur, a huge number of tourists flock to Bandipur in the winter season. On an average, around 300 tourists visit Bandipur every day.&nbsp;<br />
Bandipur has 57 hotels and 22 home stay facilities to manage the living and food accommodation of tourists, according to RSS.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-02',
			'modified' => '2019-01-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9503',
			'image' => '20190102010114_aaaa.jpg',
			'article_date' => '2019-01-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '9728',
			'article_category_id' => '1',
			'title' => 'Book Building System to Start Public Issue of Shares',
			'sub_title' => '',
			'summary' => 'January 1: The government is planning to introduce book building system for public issuance of shares. ',
			'content' => '<p>
	January 1: The government is planning to introduce book building system for public issuance of shares. The government took such decision as per the recommendation of a committee formed to study the problems of the share market. The committee announced that the government has decided to introduce the system for Initial Public Offering (IPO) as well as for Further Public Offering (FPO).</p>
<p>
	Until the new system comes into operation, the committee has recommended the government not to allow issuing of FPO at a price more than the net worth of the company and IPO at a price more than double the net worth.</p>
<p>
	The committee has recommended the Securities Board of Nepal (Sebon) to implement this suggestion with immediate effect.</p>
<p>
	Book building system is a kind of bidding process. Under this system, the companies issuing shares will have to auction a certain portion of their shares. International practice is to adopt the &lsquo;Dutch Auction&rsquo; for such bidding process.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-01-01',
			'modified' => '2019-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9502',
			'image' => '20190101042956_IPO.jpg',
			'article_date' => '2019-01-01 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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			'user_id' => '20'
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)
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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
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			'id' => '9754',
			'article_category_id' => '1',
			'title' => 'Chitwan National Park becomes Nepal’s First Plastic-Free Protected area',
			'sub_title' => '',
			'summary' => 'January 6: Chitwan National Park has been declared plastic-free protected area.',
			'content' => '<p>January 6: Chitwan National Park has been declared plastic-free protected area. The government made such announcement amid a special program in Sauraha. According to the government, the national park has been declared plastic-free area effective from January 1.</p>

<p>Himalayan Climate Initiative (HCI), along with its partner Coca-Cola in Nepal, the Nepalese Army, WWF Nepal, National Trust For nature Conservation, local buffer zone communities and tourism entrepreneurs supported the initiative led by the Ministry of Forests and Environment to implement Chitwan National Park as the country&rsquo;s first plastic-free protected area.</p>

<p>The announcement function was attended by the representatives from the local, provincial and federal governments, buffer zone communities, private sector, tourism agencies and civil society organizations.</p>

<p>The Coca-Cola Foundation and Bottlers Nepal Limited said in a statement that they have been supporting HCI for the responsible, ethical and fair supply of collecting and recycling plastic bottles since the past four years.</p>

<p>Dr Ghanashyam Gurung, Country representatives of WWF Nepal stated, &ldquo;We are looking at local solutions to tackle the world&rsquo;s global problems, plastic being one of them. By working together at all levels &ndash; federal, provincial and local &ndash; we need to uphold our individual and institutional commitment and credibility for the successful implementation of this maiden undertaking.&rdquo;&nbsp;&nbsp;</p>

<p>Collection bins have been placed in numerous locations outside Chitwan National Park for visitors to dispose of any plastic items brought out from the national park. The collected single use plastics, primarily water bottles, will in turn be taken back to collection sites and waste management plants in Chitwan for recycling.</p>

<p>With a plastic bag ban already in effect in Kathmandu Valley and given a successful implementation in Chitwan National Park, the zero-plastics initiative is expected to find further impetus and introduced in other protected areas and regions of Nepal, the statement said.</p>

<p>&nbsp;</p>
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			'id' => '9750',
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			'title' => 'Central Bank to Facilitate BFIs Merger Process',
			'sub_title' => '',
			'summary' => 'January 6: Nepal Rastra Bank has adopted a new policy to facilitate the process for merger between financial institutions, according to the state-run news agency Rastriya Samachar Samiti (RSS). ',
			'content' => '<p>January 6: Nepal Rastra Bank has adopted a new policy to facilitate the process for merger between financial institutions, according to the state-run news agency Rastriya Samachar Samiti (RSS).&nbsp;</p>

<p>Issuing a circular on January 5, the central bank stated that it would moderate and facilitate the financial institutions for merger process or their up-gradation as per the Bank and Financial Institutions Act 2073 BS.&nbsp;<br />
In the circular, the central bank has further stated that it would inform the Office of the Company Registrar, Securities Board of Nepal and Nepal Stock Exchange to support the merger process.&nbsp;<br />
The directive further urged the financial institutions failing to meet the capital requirements as per the NRB regulations and are bearing loss for five consecutive years to go for merger process, according to RSS.&nbsp;<br />
RSS further reported that the banks and financial institutions dominated the security market in terms of share trading this week. Nepal Bank Limited topped the top 10 companies trading shares with the transaction of 302 shares. Likewise, Nepal Credit and Commerce Bank remained second with the trading of 247 shares followed by Janata Bank with the trading of 154 shares. Prabhu Bank traded 142 shares, while NMB Bnak 140, Mega Bank 129 and Global IME Bank 102.&nbsp;<br />
Likewise, Api Power Company witnessed the trading of 97 shares, while National Life Insurance (NLI) 93 and Nepal Life Insurance 90.&nbsp;<br />
Nepal Telecommunication Company topped the market capitalization list. Other top 10 companies dominating the market capitalization were Nepal Investment Bank, Nabil Bank, Standard Chartered Bank, the NLI, Everest Bank, Himalayan Bank, NIC Asia Ban, Nepal SBI Bank and NMB Bank.&nbsp;<br />
According to NEPSE, 1.8 million initial public offering (IPO) shares of Chautari Laghubitta Bittiya Sanstha Ltd were listed this week.&nbsp;</p>
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			'sortorder' => '9525',
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			'id' => '9753',
			'article_category_id' => '1',
			'title' => 'Govt intervention, awareness campaigns needed for safety of migrant workers: Study',
			'sub_title' => '',
			'summary' => 'January 6: A study conducted by Bournemouth University in collaboration with Liverpool John Moores University to look into the conditions surrounding female migrant workers of Nepal has recommended the Government of Nepal to initiate awareness campaigns about health risks, rights and health services in host countries.',
			'content' => '<p>January 6: A study conducted by Bournemouth University in collaboration with Liverpool John Moores University to look into the conditions surrounding female migrant workers of Nepal has recommended the Government of Nepal to initiate awareness campaigns about health risks, rights and health services in host countries.</p>

<p>Bournemouth University said in a statement that the study looked into the working conditions of Nepalese migrant workers, especially in the Gulf countries.</p>

<p>The study concluded that raising awareness among female migrant workers can make a change in their working lives. The study found that female migrant workers face work-related health risks, which are often related to exploitation. Thus, recruiting agencies/employers should provide information on health risks and training for preventive measures, said the statement released on January 3.</p>

<p>Figures from the Department of Foreign Employment of Nepal have shown that over 176,000 Nepali women were granted labour permits to work abroad since records started in 2008, traveling mainly to the UAE, Kuwait, Malaysia, Qatar, Saudi Arabia, Cyprus and Jordan. Since 2016, Nepalese authorities outlawed labour permits for domestic work in the Gulf, amidst reports of the abuse of Nepalese migrants working as maids in the region, the statement said.</p>

<p>A dissemination session, held in January, looked to highlight issues within the female migrant worker minority group, at which Bournemouth University&rsquo;s study exploring the healthcare problems of more than 1,000 migrant returnees aged 14-51 was shared. Speaking about the study, Professor Edwin van Teijlingen at Bournemouth University stressed, &ldquo;It is important that the people publish their findings either positive or negative so that others can learn from it. Publishing good quality-research in Nepal ensures a wider global audience.&rdquo;</p>

<p>Findings reflected that more than a quarter of women had experienced health problems working abroad. Fever, accidents and severe illness were commonly reported, alongside with working without breaks. It was also found that migrant women who are illiterate, had been severely maltreated or tortured in the workplace, were not being paid on time, and migrant women who had family problems at home were significantly associated with health problems in their host country in the Middle East, the statement further said.</p>

<p>Liverpool John Moores University&rsquo;s Professor Padam Simkhada said, &ldquo;This is one of several projects we are working on in the field of health and migration.&nbsp; It combines both health and human rights issues.&rdquo; He added: &ldquo;We often forget that working aboard offers female migrant workers an opportunity to learn new skills that are of use when returning home.&rdquo;</p>

<p>The study and the subsequent dissemination session also raised questioned over Nepalese government intervention.</p>

<p>Concerns were also raised over the current ban on women working domestically in the Gulf region, as many Nepalese migrants defy this to travel illegally, thus encountering additional risk, with an 8.95 per cent increase in Nepalese applications to work in other industries abroad seen just a year after the restrictions were imposed.</p>

<p>The UK universities worked alongside two Nepalese organisations, Green Tara Nepal and POURAKHI Nepal, in this research.</p>

<p>&nbsp;</p>
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			'id' => '9746',
			'article_category_id' => '1',
			'title' => 'Committee to Probe Wide-Body Aircraft Scam',
			'sub_title' => '',
			'summary' => 'January 4: The government has formed a high-level probe committee to investigate into the alleged irregularities in the procurement of the wide-body aircraft for the Nepal Airlines Corporation. ',
			'content' => '<div>January 4: The government has formed a high-level probe committee to investigate into the alleged irregularities in the procurement of the wide-body aircraft for the Nepal Airlines Corporation.&nbsp;</div>

<div><span style="font-size:13px">A meeting of the Council of Ministers on Thursday decided to form the three-member committee headed by former Supreme Court Justice Govinda Prasad Parajuli. Other members of the committee includes former Deputy Attorney General Narendra Prasad Pathak and Chartered Accountant Madan Sharma, informed Minister for Communications and Information Technology Gokul Baskota. The government formed the probe committee after a parliamentary sub-committee prepared a report alleging misappropriation of around Rs 4 billion during the procurement process and recommended action against high-ranking officials as well as sitting minister and former ministers.</span></div>

<div><span style="font-size:13px">The probe committee has been mandated to submit a report within 45 days after investigating the procurement of two Airbus aircraft.&nbsp;</span></div>

<div><span style="font-size:13px">A report made public by the sub-committee of the Public Accounts Committee of the parliament on Wednesday had recommended action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari as well as former tourism ministers Jeevan Bahadur Shahi and Jitendra Narayan Dev.&nbsp;</span></div>

<div><span style="font-size:13px">The sub-committee headed by lawmaker Rajan KC has also recommended suspending Director General of Nepal Airlines Corporation Sugat Ratna Kansakar, secretary at the Ministry of Culture, Tourism and Civil Aviation Krishna Prasad Devkota and former secretary at the ministry Prem Kumar Rai, who is currently the home secretary.</span></div>

<div><span style="font-size:13px">The Public Accounts Committee had formed the sub-committee in December to investigate into irregularities during the procurement of the wide-body aircraft. The panel has concluded that the authorities were involved in misappropriating Rs 4.37 billion while procuring the aircraft. On Wednesday (January 2), coordinator of the sub-committee KC handed over a 38-page report of investigation to the chairman of PAC Bharat Kumar Shah.</span></div>
',
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			'created' => '2019-01-04',
			'modified' => '2019-01-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9522',
			'image' => '20190104014933_aaa.jpg',
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			'id' => '9747',
			'article_category_id' => '1',
			'title' => 'Government Determines MRP of Sugarcane',
			'sub_title' => '',
			'summary' => 'January 4: The Government has set the minimum retail price of sugarcane at Rs 536.56 per quintal for the fiscal year 2018/19.',
			'content' => '<p>January 4: The Government has set the minimum retail price of sugarcane at Rs 536.56 per quintal for the fiscal year 2018/19.</p>

<p>Sharing the decision taken by the cabinet on December 28 and 31, government spokesperson Gokul Banskota said on Thursday that the government has also decided to give a grant of Rs 65.28 per quintal to the sugarcane farmers. Hence, the sugar industries need to pay the sugarcane farmers Rs 471 per quintal, according to a news report published by Rastriya Samachar Samiti (RSS).</p>

<p>According to Spokesperson Banskota, the government has decided to upgrade five hospitals including the Koshi Zonal Hospital in Biratnagar, Narayani Sub-regional Hospital in Birgunj, Bharatpur Hospital in Chitwan, Bheri Zonal Hospital in Nepalgunj and Dadeldhura Sub-regional Hospital in Dadeldhura.</p>

<p>Spokesperson Banskota, who is also the Minister for Communications and Information Technology, shared that the government has directed Nepal Telecom to operate the 4G project within 12 months. Likewise, 5G service will also be piloted in Biratnagar, Kathmandu, Nepalgunj and Pokhara.</p>
',
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			'created' => '2019-01-04',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '9521',
			'image' => '20190104015749_y.jpg',
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		'Article' => array(
			'id' => '9748',
			'article_category_id' => '1',
			'title' => 'Unauthorized Pesticide Users to be Fined',
			'sub_title' => '',
			'summary' => 'January 4: Minister for Agriculture and Livestock Development, Chakrapani Khanal, has insisted on checking the smuggling and unauthorized use of pesticides.',
			'content' => '<p>January 4: Minister for Agriculture and Livestock Development, Chakrapani Khanal, has insisted on checking the smuggling and unauthorized use of pesticides.</p>

<p>He said so while presenting the &lsquo;Management of Pesticides Bill, 2075&rsquo; in the meeting of the House of Representatives on Thursday, January 3.</p>

<p>According to Rastriya Samachar Samiti (RSS), Minister Khanal said that the bill has been introduced to amend the existing laws for controlling the rampant and widespread use of pesticides.</p>

<p>The bill has made provision for fines ranging from Rs 50,000 to Rs 150,000 on those people involved in the unauthorized use of pesticides.</p>

<p>&nbsp;</p>
',
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			'created' => '2019-01-04',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '9520',
			'image' => '20190104020408_pesticidesan.jpg',
			'article_date' => '2019-01-04 00:00:00',
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		'Article' => array(
			'id' => '9745',
			'article_category_id' => '1',
			'title' => 'Nepal’s Sugar Industries Still in Crisis',
			'sub_title' => '',
			'summary' => 'January 3: Sugar industries of Nepal have been incurring losses as their problems have been left unaddressed by the government. ',
			'content' => '<p>January 3: Sugar industries of Nepal have been incurring losses as their problems have been left unaddressed by the government. President of Nepal Sugar Producers Association, Shashi Kant Agrawal, said that they are compelled to operate their business in loss since the government has not adopted a scientific approach to set the price of sugar.</p>

<p>According to Agrawal, the producers have been selling sugar at Rs 55 per kg due to which the industrialists are facing great loss in the business. Because of this, the industrialists are facing difficulties to pay the due amount to the sugarcane farmers.</p>

<p>Speaking at a discussion program organised by the Industry, Commerce, Labor and Consumer Welfare Protection Committee on Wednesday, Agrawal said, &ldquo;If this condition persists, , the industrialists will not be able to pay the remaining amount. The government must take the responsibility for paying the debt.&rdquo;</p>

<p>According to him, the industrialists will be able to pay the due amount to the sugarcane farmers only the government fixes the price of sugar in a scientific way.</p>

<p>Minister for Industry, Commerce and Supply Matrika Prasad Yadav appealed to the sugar producers to continue their production. He assured that the government is ready for discussion with sugar the industrialists.</p>

<p>Blaming the industrialists for inflating the price of sugar, Minister Yadav urged the sugar producers look at the whole picture by putting themselves on the shoes of the general public.</p>

<p>&ldquo;It has been found that the price of sugar has been increased at the whims of the producers. And when we request them to stop this, the sugar industrialists threaten to shut their industries,&rdquo; he said, adding, &ldquo;The government imposed a ban on the import of sugar upon the suggestion of the sugar industrialists. The government is in the favor of the industrialists/ traders, and they also need to support the government by running the industries properly.&rdquo;</p>

<p>He clarified that the government cannot increase the price of sugar in a way that it affects the customers. He said that the ministry is working to fix the price of sugarcane and sugar within two days.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2019-01-03',
			'modified' => '2019-01-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9519',
			'image' => '20190103041621_aaaaaaa.jpg',
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			'id' => '9735',
			'article_category_id' => '1',
			'title' => 'Action against 18 industries producing sub-standard goods',
			'sub_title' => '',
			'summary' => 'January 3: Nepal Bureau of Standards and Metrology has taken action against 18 industries for producing sub-standard goods, according to a news report published by Rastriya Samachar Samiti (RSS). ',
			'content' => '<p>January 3: Nepal Bureau of Standards and Metrology has taken action against 18 industries for producing sub-standard goods, according to a news report published by Rastriya Samachar Samiti (RSS).&nbsp;</p>

<p>The state-run news agency said that the bureau took action against industries manufacturing goods without meeting the quality and standard in the current fiscal year.&nbsp;<br />
The industries facing action include Ghirahi Cement Pvt Ltd, Dang; Narayani Micro-pipe Industry Pvt Ltd, Bara; Nawa Nepal Plastic Industry; Narayani Cement Industry Pvt Ltd, Bara; Mega Cement Pvt Ltd, Jhapa; Laxmi Steels Pvt Ltd, Nawalparasi; Kathmandu Steels Pvt Ltd, Nawalparasi; and Ganapati Vanaspati Pvt Ltd, Bara.&nbsp;<br />
Other industries facing action of the bureau are International Cement Pvt Ltd, Birgunj; Gorakhkali Cement Industries Pvt Ltd, Jhapa; Annapurna Cement Pvt Ltd, Morang; Golden Battery Pvt Ltd, Morang; Sugam Manufacturer, Kathmandu; MJP Cement Pvt Ltd, Kapilbastu; Ganapati Cement Pvt Ltd, Kapilbastu; Hongsi Cement Industry, Nawalparasi; Arghakhanchi Cement Industry, Rupandehi; and Shubha Shree Jagadamba Cement Industry, Bara.&nbsp;<br />
According to RSS, director general of the bureau, Bishwa Bandhu Pudasaini, said action was taken against these industries which manufactured products without meeting the standard and quality. The license of most of the industries facing action has been suspended and the sales and distribution of manufactured goods have been stopped.&nbsp;<br />
The bureau has written to the industries facing action to produce quality products, failing which their licenses would be annulled.&nbsp;<br />
The bureau has provided license to 250 industries for manufacturing 369 types of products of 60 different categories.&nbsp;</p>

<p>&nbsp;</p>
',
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			'description' => '',
			'sortorder' => '9510',
			'image' => '20190103125220_industry.jpg',
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		'Article' => array(
			'id' => '9737',
			'article_category_id' => '1',
			'title' => 'Insurance of Houses Rebuilt with Government Grant',
			'sub_title' => '',
			'summary' => 'January 3: National Insurance Company (NIC) is all set to insure the quake-damaged houses which were rebuilt with the support of government grant assistance.',
			'content' => '<p>January 3: National Insurance Company (NIC) is all set to insure the quake-damaged houses which were rebuilt with the support of government grant assistance. The company in collaboration with the government has prepared the &lsquo;Insurance to Private Houses Rebuilt with Government Grant Procedure 2075&rsquo; to insure the houses. It is stated that the insurance policy will cover all possible risks.</p>

<p>The company is about to introduce an insurance scheme of Rs 500,000. The premium charge for the policy is Rs 450 (excluding VAT) per year. The government will pay 50 percent of the insurance premium and the remaining 50 percent will be deducted from the government grant. The households that have already received all three tranches of the government grant will have to pay the insurance premium to the insurance company.</p>

<p>The insurance policy period will be of five years for which the households should pay between Rs 1,200 to Rs 1,300 insurance premium. During this period, if the houses get damaged due to any reasons the company will bear the compensation for the damages. According to the procedure, the houses built with the support of government grant should compulsorily be involved in the insurance policy programme.&nbsp; &nbsp;&nbsp;</p>

<p>The households that have not started the construction works after receiving the government grant will not be eligible for this policy. To be a part of this policy, the households should have to start the construction work. According to the company, the houses under construction will also have engineering insurance. The company will compensate if any house in the process of construction suffers from any kind of damage.</p>

<p>&nbsp;</p>
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	(int) 9 => array(
		'Article' => array(
			'id' => '9734',
			'article_category_id' => '1',
			'title' => 'Export of National Priority Products Drops',
			'sub_title' => '',
			'summary' => 'January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority products.',
			'content' => '<p>January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority products.</p>

<p>There has been a decrease in the export of cardamom, leather and footwear, which fall in the priority list under the &lsquo;Nepal Trade Integrition Strategy (NTIS).</p>

<p>Data published by the Trade Export Promotion Center (TEPC) on Monday, December 31, shows the decline in export of products of national priority. However, there was an increase in export of other products during the review period, according to the data.</p>

<p>In the first five months of the current FY, the country exported 1.495 million kg of black cardamom worth Rs 1.236 billion. The country had exported 1.814 million kg of black cardamom during the same period of last FY while the total export last year stood at 5.43 million kg.</p>

<p>It shows that the export of black cardamom in the first five months of this year plummeted by 23.8 percent.&nbsp;</p>

<p>Likewise, the export of leather goods has also plunged down. A total of 3.73 million square feet of leather goods worth Rs 164.7 million were exported from the country in these five months. The export of leather goods in the corresponding &nbsp;period of last year was double the amount of this year.</p>

<p>Similarly, the export of footwear also dropped by 24.1 percent this year. Last year, income generated by the export of footwear stood at Rs 633.8 million in the first five months while the income in the corresponding period of this year has been limited to Rs 480 million,.&nbsp;</p>

<p>The government has included all kinds of agricultural products such as cardamom, , ginger, tea, herbs and domestic products including garments, readymade clothes, thread, pashmina, leather goods, shoes etc in the national priority list.</p>

<p>Sharad Bikram Rana, executive director of TEPC, said that overall export of the country is encouraging but the trade deficit is escalating because of low export compared to import.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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		'Article' => array(
			'id' => '9732',
			'article_category_id' => '1',
			'title' => 'Buddha Air Planning to Operate Int’l Flights from Pokhara',
			'sub_title' => '',
			'summary' => 'January 2: Buddha Air has started preparation to expand its service in the international market. ',
			'content' => '<p>January 2: Buddha Air has started preparation to further expand its service in the international market. The airline company plans to register a new company in Pokhara under its brand for this purpose.</p>

<p>Buddha Air plans to sort out the economic and technical issues within six months before starting the international service. It is said that the name of the new company will be named as &lsquo;Buddha Air International&rsquo;.</p>

<p>Sources at Buddha Air said that the airline company adopted this approach to capitalize on the increasing inflow of tourists in Pokhara.</p>

<p>Buddha Air&rsquo;s Marketing Director Rupesh Joshi confirmed that the company is planning to operate international flights from Pokhara by establishing a company in the lake city.</p>

<p>According to the company, it is also preparing to finalize the purchase of aircraft for operating international flights by the time the regional airport of Pokhara gets upgraded into an international airport in 2020.</p>

<p>&nbsp;&ldquo;The Tribhuvan International Airport is very congested and the government is upgrading Pokhara Regional Airport into international standard. Since it will take some time to start international flights from Pokhara, we have been currently involved in registering the new company.&rdquo;</p>

<p>Buddha Air is also planning to start flights to Kolkata from mid-April. Joshi informed that it will start the service thrice a week on Mondays, Wednesdays and Fridays.</p>

<p>He also informed that the company is adding two more aircraft to its fleet in February. &nbsp;At present, the company has been operating its services with 11 aircraft. Currently, Buddha Air operates international flights to Beneras twice a week.</p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '9731',
			'article_category_id' => '1',
			'title' => 'Parliamentary Panel Recommends Action Against Minister ',
			'sub_title' => '',
			'summary' => 'January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation. ',
			'content' => '<p>January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation. The sub-committee under the Public Accounts Committee (PAC) of parliament has held him accountable for irregularities in the procurement process for providing misleading information to the sub-committee and for shying away from his duties.</p>

<p>The parliamentary panel has also accused former ministers Jitendra Narayan Dev and Jeevan Bahadur Shahi of their involvement in the scam.</p>

<p>The sub-committee headed by lawmaker Rajan KC has recommended suspending Director General of Nepal Airlines Corporation Sugat Ratna Kansakar, secretary at the Ministry of Culture, Tourism and Civil Aviation Krishna Prasad Devkota and former secretary at the ministry Prem Kumar Rai, who is currently the home secretary.</p>

<p>The Public Accounts Committee had formed the sub-committee to investigate into irregularities during the procurement of the wide-body aircraft. The panel has concluded that the authorities were involved in misappropriating Rs 4.37 billion while procuring the aircraft. On Wednesday (January 2), coordinator of the sub-committee KC handed over a 38-page report of investigation to the chairman of PAC Bharat Kumar Shah.</p>

<p>&nbsp;</p>
',
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			'sortorder' => '9505',
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	(int) 12 => array(
		'Article' => array(
			'id' => '9730',
			'article_category_id' => '1',
			'title' => 'Govt Proposal Risks Destabilizing Industrial Sector',
			'sub_title' => '',
			'summary' => 'January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government.  ',
			'content' => '<p>January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government.&nbsp; Big corporate houses, companies, banks and financial institutions, representatives of the private sector as well as trade unions have said in unison that the amendment proposal aims to demoralize both the industrialists and the workers. They have demanded the government to withdraw the amendment proposal and initiate dialogues with the concerned stakeholders.</p>

<p>In this regard, the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) held discussions with the representatives of multinational companies operating in Nepal on Tuesday (January 1) and reached to the conclusion that the amendment proposal is inappropriate. The FNCCI also urged the government to reconsider its decision to amend the Act.</p>

<p>&ldquo;The amendment proposal is certain to spoil the good relation between the employer and the employee. Therefore, we held discussions on requesting the government to withdraw the amendment proposal,&rdquo; said Shekhar Golcha, senior vice president of FNCCI.</p>

<p>There will definitely be a revolt if the government snatches away the perks and benefits that the workers have been enjoying, argued Golcha.</p>

<p>&ldquo;This decision will have a long-term effect in the industrial sector,&rdquo; he added.</p>

<p>Nepal Bankers&rsquo; Association also held discussions regarding this issue on Tuesday. The association&rsquo;s executive director Anil Sharma said that the government&rsquo;s decision will have a direct impact on the banking sector as thousands of employees will be denied their perks and benefits which they have been receiving so far.</p>

<p>&ldquo;The amendment will demoralize thousands of workers,&rdquo; he said.</p>

<p>Likewise, the trade union affiliated to Nepali Congress warned the government of grave consequences if the government goes ahead with the amendment proposal which is against the wishes of both the employers and the employees.</p>

<p>The Bonus Act 2030 currently has a provision of depositing 30 percent of amount left after distributing bonuses to the employees at the social security fund of the government. However, the government&rsquo;s amendment proposal seeks to take away 70 percent of the amount, leaving very little benefits for the employees.</p>
',
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	(int) 13 => array(
		'Article' => array(
			'id' => '9729',
			'article_category_id' => '1',
			'title' => 'Bandipur receives 150,000 Tourists in a Year',
			'sub_title' => '',
			'summary' => 'January 2: Tanahun’s tourism hub Bandipur welcomed 150,000 tourists during a period of one year. ',
			'content' => '<p>January 2: Tanahun&rsquo;s tourism hub Bandipur welcomed 150,000 tourists during a period of one year.&nbsp;Bandipur&rsquo;s Tourism Development Committee Chairperson Baisha Bahadur Gurung informed Rastriya Samachar Samiti that 150,000 tourists had visited Bandipur from January to December 2018.</p>

<p>According to RSS, around 100,000 tourists had visited Bandipur in the year 2017.</p>

<p>&ldquo;Roughly, 80 percent of the visitors are domestic tourists,&rdquo; RSS quoted Gurung as saying.</p>

<p>&ldquo;The tourism hub had received higher number of external tourists from the United States, Thailand, China, India and Korea,&rdquo; he added.&nbsp;<br />
There was a huge influx of domestic tourists to Bandipur during the English New Year 2019, he further said, adding that Nepali people have gradually cultivated the habit of visiting places within the country which also has contributed to promote domestic tourism.&nbsp;<br />
&nbsp;</p>

<p>According to tourism entrepreneurs of Bandipur, a huge number of tourists flock to Bandipur in the winter season. On an average, around 300 tourists visit Bandipur every day.&nbsp;<br />
Bandipur has 57 hotels and 22 home stay facilities to manage the living and food accommodation of tourists, according to RSS.</p>

<p>&nbsp;</p>
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			'id' => '9728',
			'article_category_id' => '1',
			'title' => 'Book Building System to Start Public Issue of Shares',
			'sub_title' => '',
			'summary' => 'January 1: The government is planning to introduce book building system for public issuance of shares. ',
			'content' => '<p>
	January 1: The government is planning to introduce book building system for public issuance of shares. The government took such decision as per the recommendation of a committee formed to study the problems of the share market. The committee announced that the government has decided to introduce the system for Initial Public Offering (IPO) as well as for Further Public Offering (FPO).</p>
<p>
	Until the new system comes into operation, the committee has recommended the government not to allow issuing of FPO at a price more than the net worth of the company and IPO at a price more than double the net worth.</p>
<p>
	The committee has recommended the Securities Board of Nepal (Sebon) to implement this suggestion with immediate effect.</p>
<p>
	Book building system is a kind of bidding process. Under this system, the companies issuing shares will have to auction a certain portion of their shares. International practice is to adopt the &lsquo;Dutch Auction&rsquo; for such bidding process.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
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		'Article' => array(
			'id' => '9754',
			'article_category_id' => '1',
			'title' => 'Chitwan National Park becomes Nepal’s First Plastic-Free Protected area',
			'sub_title' => '',
			'summary' => 'January 6: Chitwan National Park has been declared plastic-free protected area.',
			'content' => '<p>January 6: Chitwan National Park has been declared plastic-free protected area. The government made such announcement amid a special program in Sauraha. According to the government, the national park has been declared plastic-free area effective from January 1.</p>

<p>Himalayan Climate Initiative (HCI), along with its partner Coca-Cola in Nepal, the Nepalese Army, WWF Nepal, National Trust For nature Conservation, local buffer zone communities and tourism entrepreneurs supported the initiative led by the Ministry of Forests and Environment to implement Chitwan National Park as the country&rsquo;s first plastic-free protected area.</p>

<p>The announcement function was attended by the representatives from the local, provincial and federal governments, buffer zone communities, private sector, tourism agencies and civil society organizations.</p>

<p>The Coca-Cola Foundation and Bottlers Nepal Limited said in a statement that they have been supporting HCI for the responsible, ethical and fair supply of collecting and recycling plastic bottles since the past four years.</p>

<p>Dr Ghanashyam Gurung, Country representatives of WWF Nepal stated, &ldquo;We are looking at local solutions to tackle the world&rsquo;s global problems, plastic being one of them. By working together at all levels &ndash; federal, provincial and local &ndash; we need to uphold our individual and institutional commitment and credibility for the successful implementation of this maiden undertaking.&rdquo;&nbsp;&nbsp;</p>

<p>Collection bins have been placed in numerous locations outside Chitwan National Park for visitors to dispose of any plastic items brought out from the national park. The collected single use plastics, primarily water bottles, will in turn be taken back to collection sites and waste management plants in Chitwan for recycling.</p>

<p>With a plastic bag ban already in effect in Kathmandu Valley and given a successful implementation in Chitwan National Park, the zero-plastics initiative is expected to find further impetus and introduced in other protected areas and regions of Nepal, the statement said.</p>

<p>&nbsp;</p>
',
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			'title' => 'Central Bank to Facilitate BFIs Merger Process',
			'sub_title' => '',
			'summary' => 'January 6: Nepal Rastra Bank has adopted a new policy to facilitate the process for merger between financial institutions, according to the state-run news agency Rastriya Samachar Samiti (RSS). ',
			'content' => '<p>January 6: Nepal Rastra Bank has adopted a new policy to facilitate the process for merger between financial institutions, according to the state-run news agency Rastriya Samachar Samiti (RSS).&nbsp;</p>

<p>Issuing a circular on January 5, the central bank stated that it would moderate and facilitate the financial institutions for merger process or their up-gradation as per the Bank and Financial Institutions Act 2073 BS.&nbsp;<br />
In the circular, the central bank has further stated that it would inform the Office of the Company Registrar, Securities Board of Nepal and Nepal Stock Exchange to support the merger process.&nbsp;<br />
The directive further urged the financial institutions failing to meet the capital requirements as per the NRB regulations and are bearing loss for five consecutive years to go for merger process, according to RSS.&nbsp;<br />
RSS further reported that the banks and financial institutions dominated the security market in terms of share trading this week. Nepal Bank Limited topped the top 10 companies trading shares with the transaction of 302 shares. Likewise, Nepal Credit and Commerce Bank remained second with the trading of 247 shares followed by Janata Bank with the trading of 154 shares. Prabhu Bank traded 142 shares, while NMB Bnak 140, Mega Bank 129 and Global IME Bank 102.&nbsp;<br />
Likewise, Api Power Company witnessed the trading of 97 shares, while National Life Insurance (NLI) 93 and Nepal Life Insurance 90.&nbsp;<br />
Nepal Telecommunication Company topped the market capitalization list. Other top 10 companies dominating the market capitalization were Nepal Investment Bank, Nabil Bank, Standard Chartered Bank, the NLI, Everest Bank, Himalayan Bank, NIC Asia Ban, Nepal SBI Bank and NMB Bank.&nbsp;<br />
According to NEPSE, 1.8 million initial public offering (IPO) shares of Chautari Laghubitta Bittiya Sanstha Ltd were listed this week.&nbsp;</p>
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			'id' => '9753',
			'article_category_id' => '1',
			'title' => 'Govt intervention, awareness campaigns needed for safety of migrant workers: Study',
			'sub_title' => '',
			'summary' => 'January 6: A study conducted by Bournemouth University in collaboration with Liverpool John Moores University to look into the conditions surrounding female migrant workers of Nepal has recommended the Government of Nepal to initiate awareness campaigns about health risks, rights and health services in host countries.',
			'content' => '<p>January 6: A study conducted by Bournemouth University in collaboration with Liverpool John Moores University to look into the conditions surrounding female migrant workers of Nepal has recommended the Government of Nepal to initiate awareness campaigns about health risks, rights and health services in host countries.</p>

<p>Bournemouth University said in a statement that the study looked into the working conditions of Nepalese migrant workers, especially in the Gulf countries.</p>

<p>The study concluded that raising awareness among female migrant workers can make a change in their working lives. The study found that female migrant workers face work-related health risks, which are often related to exploitation. Thus, recruiting agencies/employers should provide information on health risks and training for preventive measures, said the statement released on January 3.</p>

<p>Figures from the Department of Foreign Employment of Nepal have shown that over 176,000 Nepali women were granted labour permits to work abroad since records started in 2008, traveling mainly to the UAE, Kuwait, Malaysia, Qatar, Saudi Arabia, Cyprus and Jordan. Since 2016, Nepalese authorities outlawed labour permits for domestic work in the Gulf, amidst reports of the abuse of Nepalese migrants working as maids in the region, the statement said.</p>

<p>A dissemination session, held in January, looked to highlight issues within the female migrant worker minority group, at which Bournemouth University&rsquo;s study exploring the healthcare problems of more than 1,000 migrant returnees aged 14-51 was shared. Speaking about the study, Professor Edwin van Teijlingen at Bournemouth University stressed, &ldquo;It is important that the people publish their findings either positive or negative so that others can learn from it. Publishing good quality-research in Nepal ensures a wider global audience.&rdquo;</p>

<p>Findings reflected that more than a quarter of women had experienced health problems working abroad. Fever, accidents and severe illness were commonly reported, alongside with working without breaks. It was also found that migrant women who are illiterate, had been severely maltreated or tortured in the workplace, were not being paid on time, and migrant women who had family problems at home were significantly associated with health problems in their host country in the Middle East, the statement further said.</p>

<p>Liverpool John Moores University&rsquo;s Professor Padam Simkhada said, &ldquo;This is one of several projects we are working on in the field of health and migration.&nbsp; It combines both health and human rights issues.&rdquo; He added: &ldquo;We often forget that working aboard offers female migrant workers an opportunity to learn new skills that are of use when returning home.&rdquo;</p>

<p>The study and the subsequent dissemination session also raised questioned over Nepalese government intervention.</p>

<p>Concerns were also raised over the current ban on women working domestically in the Gulf region, as many Nepalese migrants defy this to travel illegally, thus encountering additional risk, with an 8.95 per cent increase in Nepalese applications to work in other industries abroad seen just a year after the restrictions were imposed.</p>

<p>The UK universities worked alongside two Nepalese organisations, Green Tara Nepal and POURAKHI Nepal, in this research.</p>

<p>&nbsp;</p>
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		'Article' => array(
			'id' => '9746',
			'article_category_id' => '1',
			'title' => 'Committee to Probe Wide-Body Aircraft Scam',
			'sub_title' => '',
			'summary' => 'January 4: The government has formed a high-level probe committee to investigate into the alleged irregularities in the procurement of the wide-body aircraft for the Nepal Airlines Corporation. ',
			'content' => '<div>January 4: The government has formed a high-level probe committee to investigate into the alleged irregularities in the procurement of the wide-body aircraft for the Nepal Airlines Corporation.&nbsp;</div>

<div><span style="font-size:13px">A meeting of the Council of Ministers on Thursday decided to form the three-member committee headed by former Supreme Court Justice Govinda Prasad Parajuli. Other members of the committee includes former Deputy Attorney General Narendra Prasad Pathak and Chartered Accountant Madan Sharma, informed Minister for Communications and Information Technology Gokul Baskota. The government formed the probe committee after a parliamentary sub-committee prepared a report alleging misappropriation of around Rs 4 billion during the procurement process and recommended action against high-ranking officials as well as sitting minister and former ministers.</span></div>

<div><span style="font-size:13px">The probe committee has been mandated to submit a report within 45 days after investigating the procurement of two Airbus aircraft.&nbsp;</span></div>

<div><span style="font-size:13px">A report made public by the sub-committee of the Public Accounts Committee of the parliament on Wednesday had recommended action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari as well as former tourism ministers Jeevan Bahadur Shahi and Jitendra Narayan Dev.&nbsp;</span></div>

<div><span style="font-size:13px">The sub-committee headed by lawmaker Rajan KC has also recommended suspending Director General of Nepal Airlines Corporation Sugat Ratna Kansakar, secretary at the Ministry of Culture, Tourism and Civil Aviation Krishna Prasad Devkota and former secretary at the ministry Prem Kumar Rai, who is currently the home secretary.</span></div>

<div><span style="font-size:13px">The Public Accounts Committee had formed the sub-committee in December to investigate into irregularities during the procurement of the wide-body aircraft. The panel has concluded that the authorities were involved in misappropriating Rs 4.37 billion while procuring the aircraft. On Wednesday (January 2), coordinator of the sub-committee KC handed over a 38-page report of investigation to the chairman of PAC Bharat Kumar Shah.</span></div>
',
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			'created' => '2019-01-04',
			'modified' => '2019-01-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9522',
			'image' => '20190104014933_aaa.jpg',
			'article_date' => '2019-01-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '20'
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	),
	(int) 4 => array(
		'Article' => array(
			'id' => '9747',
			'article_category_id' => '1',
			'title' => 'Government Determines MRP of Sugarcane',
			'sub_title' => '',
			'summary' => 'January 4: The Government has set the minimum retail price of sugarcane at Rs 536.56 per quintal for the fiscal year 2018/19.',
			'content' => '<p>January 4: The Government has set the minimum retail price of sugarcane at Rs 536.56 per quintal for the fiscal year 2018/19.</p>

<p>Sharing the decision taken by the cabinet on December 28 and 31, government spokesperson Gokul Banskota said on Thursday that the government has also decided to give a grant of Rs 65.28 per quintal to the sugarcane farmers. Hence, the sugar industries need to pay the sugarcane farmers Rs 471 per quintal, according to a news report published by Rastriya Samachar Samiti (RSS).</p>

<p>According to Spokesperson Banskota, the government has decided to upgrade five hospitals including the Koshi Zonal Hospital in Biratnagar, Narayani Sub-regional Hospital in Birgunj, Bharatpur Hospital in Chitwan, Bheri Zonal Hospital in Nepalgunj and Dadeldhura Sub-regional Hospital in Dadeldhura.</p>

<p>Spokesperson Banskota, who is also the Minister for Communications and Information Technology, shared that the government has directed Nepal Telecom to operate the 4G project within 12 months. Likewise, 5G service will also be piloted in Biratnagar, Kathmandu, Nepalgunj and Pokhara.</p>
',
			'published' => true,
			'created' => '2019-01-04',
			'modified' => '2019-01-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9521',
			'image' => '20190104015749_y.jpg',
			'article_date' => '2019-01-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 5 => array(
		'Article' => array(
			'id' => '9748',
			'article_category_id' => '1',
			'title' => 'Unauthorized Pesticide Users to be Fined',
			'sub_title' => '',
			'summary' => 'January 4: Minister for Agriculture and Livestock Development, Chakrapani Khanal, has insisted on checking the smuggling and unauthorized use of pesticides.',
			'content' => '<p>January 4: Minister for Agriculture and Livestock Development, Chakrapani Khanal, has insisted on checking the smuggling and unauthorized use of pesticides.</p>

<p>He said so while presenting the &lsquo;Management of Pesticides Bill, 2075&rsquo; in the meeting of the House of Representatives on Thursday, January 3.</p>

<p>According to Rastriya Samachar Samiti (RSS), Minister Khanal said that the bill has been introduced to amend the existing laws for controlling the rampant and widespread use of pesticides.</p>

<p>The bill has made provision for fines ranging from Rs 50,000 to Rs 150,000 on those people involved in the unauthorized use of pesticides.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-04',
			'modified' => '2019-01-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9520',
			'image' => '20190104020408_pesticidesan.jpg',
			'article_date' => '2019-01-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 6 => array(
		'Article' => array(
			'id' => '9745',
			'article_category_id' => '1',
			'title' => 'Nepal’s Sugar Industries Still in Crisis',
			'sub_title' => '',
			'summary' => 'January 3: Sugar industries of Nepal have been incurring losses as their problems have been left unaddressed by the government. ',
			'content' => '<p>January 3: Sugar industries of Nepal have been incurring losses as their problems have been left unaddressed by the government. President of Nepal Sugar Producers Association, Shashi Kant Agrawal, said that they are compelled to operate their business in loss since the government has not adopted a scientific approach to set the price of sugar.</p>

<p>According to Agrawal, the producers have been selling sugar at Rs 55 per kg due to which the industrialists are facing great loss in the business. Because of this, the industrialists are facing difficulties to pay the due amount to the sugarcane farmers.</p>

<p>Speaking at a discussion program organised by the Industry, Commerce, Labor and Consumer Welfare Protection Committee on Wednesday, Agrawal said, &ldquo;If this condition persists, , the industrialists will not be able to pay the remaining amount. The government must take the responsibility for paying the debt.&rdquo;</p>

<p>According to him, the industrialists will be able to pay the due amount to the sugarcane farmers only the government fixes the price of sugar in a scientific way.</p>

<p>Minister for Industry, Commerce and Supply Matrika Prasad Yadav appealed to the sugar producers to continue their production. He assured that the government is ready for discussion with sugar the industrialists.</p>

<p>Blaming the industrialists for inflating the price of sugar, Minister Yadav urged the sugar producers look at the whole picture by putting themselves on the shoes of the general public.</p>

<p>&ldquo;It has been found that the price of sugar has been increased at the whims of the producers. And when we request them to stop this, the sugar industrialists threaten to shut their industries,&rdquo; he said, adding, &ldquo;The government imposed a ban on the import of sugar upon the suggestion of the sugar industrialists. The government is in the favor of the industrialists/ traders, and they also need to support the government by running the industries properly.&rdquo;</p>

<p>He clarified that the government cannot increase the price of sugar in a way that it affects the customers. He said that the ministry is working to fix the price of sugarcane and sugar within two days.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2019-01-03',
			'modified' => '2019-01-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9519',
			'image' => '20190103041621_aaaaaaa.jpg',
			'article_date' => '2019-01-03 00:00:00',
			'homepage' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '9735',
			'article_category_id' => '1',
			'title' => 'Action against 18 industries producing sub-standard goods',
			'sub_title' => '',
			'summary' => 'January 3: Nepal Bureau of Standards and Metrology has taken action against 18 industries for producing sub-standard goods, according to a news report published by Rastriya Samachar Samiti (RSS). ',
			'content' => '<p>January 3: Nepal Bureau of Standards and Metrology has taken action against 18 industries for producing sub-standard goods, according to a news report published by Rastriya Samachar Samiti (RSS).&nbsp;</p>

<p>The state-run news agency said that the bureau took action against industries manufacturing goods without meeting the quality and standard in the current fiscal year.&nbsp;<br />
The industries facing action include Ghirahi Cement Pvt Ltd, Dang; Narayani Micro-pipe Industry Pvt Ltd, Bara; Nawa Nepal Plastic Industry; Narayani Cement Industry Pvt Ltd, Bara; Mega Cement Pvt Ltd, Jhapa; Laxmi Steels Pvt Ltd, Nawalparasi; Kathmandu Steels Pvt Ltd, Nawalparasi; and Ganapati Vanaspati Pvt Ltd, Bara.&nbsp;<br />
Other industries facing action of the bureau are International Cement Pvt Ltd, Birgunj; Gorakhkali Cement Industries Pvt Ltd, Jhapa; Annapurna Cement Pvt Ltd, Morang; Golden Battery Pvt Ltd, Morang; Sugam Manufacturer, Kathmandu; MJP Cement Pvt Ltd, Kapilbastu; Ganapati Cement Pvt Ltd, Kapilbastu; Hongsi Cement Industry, Nawalparasi; Arghakhanchi Cement Industry, Rupandehi; and Shubha Shree Jagadamba Cement Industry, Bara.&nbsp;<br />
According to RSS, director general of the bureau, Bishwa Bandhu Pudasaini, said action was taken against these industries which manufactured products without meeting the standard and quality. The license of most of the industries facing action has been suspended and the sales and distribution of manufactured goods have been stopped.&nbsp;<br />
The bureau has written to the industries facing action to produce quality products, failing which their licenses would be annulled.&nbsp;<br />
The bureau has provided license to 250 industries for manufacturing 369 types of products of 60 different categories.&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2019-01-03',
			'modified' => '2019-01-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9510',
			'image' => '20190103125220_industry.jpg',
			'article_date' => '2019-01-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 8 => array(
		'Article' => array(
			'id' => '9737',
			'article_category_id' => '1',
			'title' => 'Insurance of Houses Rebuilt with Government Grant',
			'sub_title' => '',
			'summary' => 'January 3: National Insurance Company (NIC) is all set to insure the quake-damaged houses which were rebuilt with the support of government grant assistance.',
			'content' => '<p>January 3: National Insurance Company (NIC) is all set to insure the quake-damaged houses which were rebuilt with the support of government grant assistance. The company in collaboration with the government has prepared the &lsquo;Insurance to Private Houses Rebuilt with Government Grant Procedure 2075&rsquo; to insure the houses. It is stated that the insurance policy will cover all possible risks.</p>

<p>The company is about to introduce an insurance scheme of Rs 500,000. The premium charge for the policy is Rs 450 (excluding VAT) per year. The government will pay 50 percent of the insurance premium and the remaining 50 percent will be deducted from the government grant. The households that have already received all three tranches of the government grant will have to pay the insurance premium to the insurance company.</p>

<p>The insurance policy period will be of five years for which the households should pay between Rs 1,200 to Rs 1,300 insurance premium. During this period, if the houses get damaged due to any reasons the company will bear the compensation for the damages. According to the procedure, the houses built with the support of government grant should compulsorily be involved in the insurance policy programme.&nbsp; &nbsp;&nbsp;</p>

<p>The households that have not started the construction works after receiving the government grant will not be eligible for this policy. To be a part of this policy, the households should have to start the construction work. According to the company, the houses under construction will also have engineering insurance. The company will compensate if any house in the process of construction suffers from any kind of damage.</p>

<p>&nbsp;</p>
',
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			'created' => '2019-01-03',
			'modified' => '2019-01-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9509',
			'image' => '20190104122223_Insurance of Houses Rebuilt with Government Grant.jpg',
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	(int) 9 => array(
		'Article' => array(
			'id' => '9734',
			'article_category_id' => '1',
			'title' => 'Export of National Priority Products Drops',
			'sub_title' => '',
			'summary' => 'January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority products.',
			'content' => '<p>January 2: The first five months of the current fiscal year (FY) witnessed a decline in the export of national priority products.</p>

<p>There has been a decrease in the export of cardamom, leather and footwear, which fall in the priority list under the &lsquo;Nepal Trade Integrition Strategy (NTIS).</p>

<p>Data published by the Trade Export Promotion Center (TEPC) on Monday, December 31, shows the decline in export of products of national priority. However, there was an increase in export of other products during the review period, according to the data.</p>

<p>In the first five months of the current FY, the country exported 1.495 million kg of black cardamom worth Rs 1.236 billion. The country had exported 1.814 million kg of black cardamom during the same period of last FY while the total export last year stood at 5.43 million kg.</p>

<p>It shows that the export of black cardamom in the first five months of this year plummeted by 23.8 percent.&nbsp;</p>

<p>Likewise, the export of leather goods has also plunged down. A total of 3.73 million square feet of leather goods worth Rs 164.7 million were exported from the country in these five months. The export of leather goods in the corresponding &nbsp;period of last year was double the amount of this year.</p>

<p>Similarly, the export of footwear also dropped by 24.1 percent this year. Last year, income generated by the export of footwear stood at Rs 633.8 million in the first five months while the income in the corresponding period of this year has been limited to Rs 480 million,.&nbsp;</p>

<p>The government has included all kinds of agricultural products such as cardamom, , ginger, tea, herbs and domestic products including garments, readymade clothes, thread, pashmina, leather goods, shoes etc in the national priority list.</p>

<p>Sharad Bikram Rana, executive director of TEPC, said that overall export of the country is encouraging but the trade deficit is escalating because of low export compared to import.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-02',
			'modified' => '2019-01-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9508',
			'image' => '20190102040430_1111.jpg',
			'article_date' => '2019-01-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '20'
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	(int) 10 => array(
		'Article' => array(
			'id' => '9732',
			'article_category_id' => '1',
			'title' => 'Buddha Air Planning to Operate Int’l Flights from Pokhara',
			'sub_title' => '',
			'summary' => 'January 2: Buddha Air has started preparation to expand its service in the international market. ',
			'content' => '<p>January 2: Buddha Air has started preparation to further expand its service in the international market. The airline company plans to register a new company in Pokhara under its brand for this purpose.</p>

<p>Buddha Air plans to sort out the economic and technical issues within six months before starting the international service. It is said that the name of the new company will be named as &lsquo;Buddha Air International&rsquo;.</p>

<p>Sources at Buddha Air said that the airline company adopted this approach to capitalize on the increasing inflow of tourists in Pokhara.</p>

<p>Buddha Air&rsquo;s Marketing Director Rupesh Joshi confirmed that the company is planning to operate international flights from Pokhara by establishing a company in the lake city.</p>

<p>According to the company, it is also preparing to finalize the purchase of aircraft for operating international flights by the time the regional airport of Pokhara gets upgraded into an international airport in 2020.</p>

<p>&nbsp;&ldquo;The Tribhuvan International Airport is very congested and the government is upgrading Pokhara Regional Airport into international standard. Since it will take some time to start international flights from Pokhara, we have been currently involved in registering the new company.&rdquo;</p>

<p>Buddha Air is also planning to start flights to Kolkata from mid-April. Joshi informed that it will start the service thrice a week on Mondays, Wednesdays and Fridays.</p>

<p>He also informed that the company is adding two more aircraft to its fleet in February. &nbsp;At present, the company has been operating its services with 11 aircraft. Currently, Buddha Air operates international flights to Beneras twice a week.</p>

<p>&nbsp;</p>
',
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			'created' => '2019-01-02',
			'modified' => '2019-01-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9506',
			'image' => '20190102040524_2222.jpg',
			'article_date' => '2019-01-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '9731',
			'article_category_id' => '1',
			'title' => 'Parliamentary Panel Recommends Action Against Minister ',
			'sub_title' => '',
			'summary' => 'January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation. ',
			'content' => '<p>January 1: A parliamentary sub-committee on Wednesday recommended taking action against Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari after finding him guilty in the procurement of wide-body aircraft for the state-run Nepal Airlines Corporation. The sub-committee under the Public Accounts Committee (PAC) of parliament has held him accountable for irregularities in the procurement process for providing misleading information to the sub-committee and for shying away from his duties.</p>

<p>The parliamentary panel has also accused former ministers Jitendra Narayan Dev and Jeevan Bahadur Shahi of their involvement in the scam.</p>

<p>The sub-committee headed by lawmaker Rajan KC has recommended suspending Director General of Nepal Airlines Corporation Sugat Ratna Kansakar, secretary at the Ministry of Culture, Tourism and Civil Aviation Krishna Prasad Devkota and former secretary at the ministry Prem Kumar Rai, who is currently the home secretary.</p>

<p>The Public Accounts Committee had formed the sub-committee to investigate into irregularities during the procurement of the wide-body aircraft. The panel has concluded that the authorities were involved in misappropriating Rs 4.37 billion while procuring the aircraft. On Wednesday (January 2), coordinator of the sub-committee KC handed over a 38-page report of investigation to the chairman of PAC Bharat Kumar Shah.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-02',
			'modified' => '2019-01-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9505',
			'image' => '20190102023452_Widebody-Report.jpg',
			'article_date' => '2019-01-02 00:00:00',
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	(int) 12 => array(
		'Article' => array(
			'id' => '9730',
			'article_category_id' => '1',
			'title' => 'Govt Proposal Risks Destabilizing Industrial Sector',
			'sub_title' => '',
			'summary' => 'January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government.  ',
			'content' => '<p>January 1: Stakeholders have warned that the industrial sector will get engulfed in turmoil if the parliament endorses an amendment proposal of the Bonus Act 2030 forwarded by the government.&nbsp; Big corporate houses, companies, banks and financial institutions, representatives of the private sector as well as trade unions have said in unison that the amendment proposal aims to demoralize both the industrialists and the workers. They have demanded the government to withdraw the amendment proposal and initiate dialogues with the concerned stakeholders.</p>

<p>In this regard, the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) held discussions with the representatives of multinational companies operating in Nepal on Tuesday (January 1) and reached to the conclusion that the amendment proposal is inappropriate. The FNCCI also urged the government to reconsider its decision to amend the Act.</p>

<p>&ldquo;The amendment proposal is certain to spoil the good relation between the employer and the employee. Therefore, we held discussions on requesting the government to withdraw the amendment proposal,&rdquo; said Shekhar Golcha, senior vice president of FNCCI.</p>

<p>There will definitely be a revolt if the government snatches away the perks and benefits that the workers have been enjoying, argued Golcha.</p>

<p>&ldquo;This decision will have a long-term effect in the industrial sector,&rdquo; he added.</p>

<p>Nepal Bankers&rsquo; Association also held discussions regarding this issue on Tuesday. The association&rsquo;s executive director Anil Sharma said that the government&rsquo;s decision will have a direct impact on the banking sector as thousands of employees will be denied their perks and benefits which they have been receiving so far.</p>

<p>&ldquo;The amendment will demoralize thousands of workers,&rdquo; he said.</p>

<p>Likewise, the trade union affiliated to Nepali Congress warned the government of grave consequences if the government goes ahead with the amendment proposal which is against the wishes of both the employers and the employees.</p>

<p>The Bonus Act 2030 currently has a provision of depositing 30 percent of amount left after distributing bonuses to the employees at the social security fund of the government. However, the government&rsquo;s amendment proposal seeks to take away 70 percent of the amount, leaving very little benefits for the employees.</p>
',
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			'created' => '2019-01-02',
			'modified' => '2019-01-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9504',
			'image' => '20190102020856_aaaaaa.jpg',
			'article_date' => '2019-01-02 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '9729',
			'article_category_id' => '1',
			'title' => 'Bandipur receives 150,000 Tourists in a Year',
			'sub_title' => '',
			'summary' => 'January 2: Tanahun’s tourism hub Bandipur welcomed 150,000 tourists during a period of one year. ',
			'content' => '<p>January 2: Tanahun&rsquo;s tourism hub Bandipur welcomed 150,000 tourists during a period of one year.&nbsp;Bandipur&rsquo;s Tourism Development Committee Chairperson Baisha Bahadur Gurung informed Rastriya Samachar Samiti that 150,000 tourists had visited Bandipur from January to December 2018.</p>

<p>According to RSS, around 100,000 tourists had visited Bandipur in the year 2017.</p>

<p>&ldquo;Roughly, 80 percent of the visitors are domestic tourists,&rdquo; RSS quoted Gurung as saying.</p>

<p>&ldquo;The tourism hub had received higher number of external tourists from the United States, Thailand, China, India and Korea,&rdquo; he added.&nbsp;<br />
There was a huge influx of domestic tourists to Bandipur during the English New Year 2019, he further said, adding that Nepali people have gradually cultivated the habit of visiting places within the country which also has contributed to promote domestic tourism.&nbsp;<br />
&nbsp;</p>

<p>According to tourism entrepreneurs of Bandipur, a huge number of tourists flock to Bandipur in the winter season. On an average, around 300 tourists visit Bandipur every day.&nbsp;<br />
Bandipur has 57 hotels and 22 home stay facilities to manage the living and food accommodation of tourists, according to RSS.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2019-01-02',
			'modified' => '2019-01-02',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9503',
			'image' => '20190102010114_aaaa.jpg',
			'article_date' => '2019-01-02 00:00:00',
			'homepage' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '9728',
			'article_category_id' => '1',
			'title' => 'Book Building System to Start Public Issue of Shares',
			'sub_title' => '',
			'summary' => 'January 1: The government is planning to introduce book building system for public issuance of shares. ',
			'content' => '<p>
	January 1: The government is planning to introduce book building system for public issuance of shares. The government took such decision as per the recommendation of a committee formed to study the problems of the share market. The committee announced that the government has decided to introduce the system for Initial Public Offering (IPO) as well as for Further Public Offering (FPO).</p>
<p>
	Until the new system comes into operation, the committee has recommended the government not to allow issuing of FPO at a price more than the net worth of the company and IPO at a price more than double the net worth.</p>
<p>
	The committee has recommended the Securities Board of Nepal (Sebon) to implement this suggestion with immediate effect.</p>
<p>
	Book building system is a kind of bidding process. Under this system, the companies issuing shares will have to auction a certain portion of their shares. International practice is to adopt the &lsquo;Dutch Auction&rsquo; for such bidding process.</p>
<p>
	&nbsp;</p>
<p>
	&nbsp;</p>
',
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			'created' => '2019-01-01',
			'modified' => '2019-01-27',
			'keywords' => '',
			'description' => '',
			'sortorder' => '9502',
			'image' => '20190101042956_IPO.jpg',
			'article_date' => '2019-01-01 00:00:00',
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