
September 21: Hotel Soaltee Crowne Plaza has bagged the award of the Best Managed Company during this year’s NewBiz Business Conclave and Award 2018 held on the hotel premises on Friday, September…
September 21: Hotel Soaltee Crowne Plaza has bagged the award of the Best Managed Company during this year’s NewBiz Business Conclave and Award 2018 held on the hotel premises on Friday, September…
September 21: Ncell handed over cash prizes to the lucky winners of the second week of the ‘Recharge and Win’…
September 21: Chinese smartphone brand OPPO has handed over prizes to the winners of its recent social media campaign "OPPO Teej Selfie Contest".…
September 21: Banking Finance and Insurance Institute of Nepal (BFIN) organized a day-long conference titled “Banks and Financial Institutions: Emerging Challenges, Opportunities and Threats” to mark the opening of BFIN on September…
September 21: Nabil Bank has announced to implement instant issuance of Travel Medical Insurance Policy bundled with travel related services of Nabil Bank Limited.…
September 21: New Business Age Pvt Ltd is organizing the fifth 'NewBiz Business Conclave and Awards 2018' amid a grand function at Hotel Soaltee Crown Plaza on Friday, September 21.…
September 21: Jagdamba Motors Nepal is organising a street festival at Durbar Marg on Saturday, September 22, to mark three years of its partnership with TVS…
September 21: Vianet Communications has launched festive offer on the occasion of Dashain and…
September 20: The strike imposed by drivers in Birgunj has affected the export and imports of goods and daily essentials from the main customs point of the…
September 20: The World Bank has said that the decline in poverty rates has slowed, raising concerns about achieving the goal of ending poverty by 2030, although fewer people are living in extreme poverty around the world.…
September 20: Footwear Manufacturers’ Association of Nepal has started a fair at Bhrikuti Mandap, Kathmandu exhibiting shoes and slippers at affordable rates.…
September 20: Authorities in Nepal are preparing to make available details of over 400 mountain peaks identified as suitable for…
September 20: Japan Club International is investing around Rs 14 billion in three mega hotel projects in various parts of the…
September 20: Daraz, an online shopping portal, organised the first Seller Summit in Kathmandu on September 17.…
September 19: Qatar Airways’ overall revenue and other operating income grew 7.22 per cent annually compared to capacity (available seat kilometres) growth of 9.96 per cent, states the annual report for 2017/18 of the airline…
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '9143', 'article_category_id' => '1', 'title' => 'Hotel Soaltee Crowne Plaza bags Best Managed Company Award', 'sub_title' => '', 'summary' => 'September 21: Hotel Soaltee Crowne Plaza has bagged the award of the Best Managed Company during this year’s NewBiz Business Conclave and Award 2018 held on the hotel premises on Friday, September 21.', 'content' => '<p>September 21: Hotel Soaltee Crowne Plaza has bagged the award of the Best Managed Company during this year’s NewBiz Business Conclave and Award 2018 held on the hotel premises on Friday, September 21. This is the fifth edition of the business award, which New Business Age (NBA) Pvt Ltd has been organising since 2013.</p> <p>During the awards ceremony, NBA handed over a total of 23 awards in ten different categories. Sipradi Trading had won the award of the Best Managed Company during the last edition of the award.</p> <p>Meanwhile, Saakha Group’s founder, Ganesh Bhakta Saakha, has been conferred with the NewBiz Lifetime Achievement Award. Last year, Panchakanya Group’s founder Prem Bahadur Shrestha had received the same award.</p> <p> Separate juries were formed to evaluate the works of business organisations from across the country and standout individuals to award them.</p> <p>Addressing the awards ceremony, Chairman and Editor-in-Chief of New Business Age Madan Lamsal said that the programme was organised with the motive of encouraging commercial sector of the country as well as for its promotion and development. He also said that the awards ceremony will get continuity in the coming years.</p> <p>Lamsal expressed his belief that this kind of awards ceremony would motivate the entrepreneurs to provide better service and make them more accountable. He further said new businesses are emerging in the country but the concerned authorities have not given proper attention in creating a favourable environment for the growth of this sector.</p> <p>Winners of the NewBiz Business Conclave and Award 2018</p> <p><strong>Best Managed Company</strong></p> <p>Hotel Soaltee Corwne Plaza</p> <p> </p> <p><strong>Best Managed Commercial Bank</strong></p> <p>Nabil Bank</p> <p><strong>First Runner-up</strong></p> <p>Everest Bank</p> <p><strong>Second Runner-up</strong></p> <p>Nepal Investment Bank</p> <p> </p> <p><strong>Best Managed Development Bank</strong></p> <p>Kailash Bikash Bank</p> <p><strong>First Runner-up</strong></p> <p>Gandaki Bikas Bank</p> <p><strong>Second Runner-up</strong></p> <p>Muktinath Bikas Bank</p> <p> </p> <p><strong>Best Managed Finance Company</strong></p> <p>Pokhara Finance Company</p> <p><strong>First Runner-up</strong></p> <p>Shree Investment and Finance Company</p> <p><strong>Second Runner-up</strong></p> <p>Manjushree Finance</p> <p> </p> <p><strong>Best Managed Life Insurance Company</strong></p> <p>National Life Insurance Company</p> <p><strong>First Runner-up</strong></p> <p>Nepal Life Insurance Company</p> <p><strong>Second Runner-up</strong></p> <p>Life Insurance Corporation Nepal</p> <p> </p> <p><strong>Best Managed General Insurance Company</strong></p> <p>Neco Insurance Company</p> <p><strong>First Runner-up</strong></p> <p>Sikhar Insurance Company</p> <p><strong>Second Runner-up</strong></p> <p>Sagarmatha Insurance Company</p> <p> </p> <p><strong>Best Managed Construction Company</strong></p> <p>Sharma and Company</p> <p><strong>First Runner-up</strong></p> <p>Nepal Adarsha Nirman Company</p> <p><strong>Second Runner-up</strong></p> <p>Kalika Construction Company</p> <p> </p> <p><strong>Best Managed Start-up Company</strong></p> <p>Ficus Biotech Pvt Ltd</p> <p><strong>Special Recognition Start-up Company</strong></p> <p>Kayo Creative Studio</p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-24', 'keywords' => '', 'description' => '', 'sortorder' => '8922', 'image' => '20180921043313_Clipboard02-21.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '9142', 'article_category_id' => '1', 'title' => 'Ncell hands over cash prize under ‘Recharge and Win’ offer', 'sub_title' => '', 'summary' => 'September 21: Ncell handed over cash prizes to the lucky winners of the second week of the ‘Recharge and Win’ offer.', 'content' => '<p>September 21: Ncell handed over cash prizes to the lucky winners of the second week of the ‘Recharge and Win’ offer.</p> <p>Among the 10 lucky winners of the second week, two winners received cash prize of Rs 100,000 each on Thursday. Ncell said it is verifying remaining eight winners of the second week, and will hand over the prizes from Kathmandu as well as Ncell Centers in the regions accordingly.</p> <p>Irwin M Eusoff, chief strategy officer of Ncell handed over the cash prizes to the two winners of the second week – Krishna Kumari Thapa of Nuwakot and Arjun Pariyar of Tanahun - amid a function in Kathmandu on Thursday.</p> <p>In the same function, Ncell also handed over the cash prizes to three winners of the first week. Ram Hari Aryal of Dhading, Raj Kumar Gurung and Kushal Gurung of Chitwan had won Rs 100,000 each in the first week of the ‘Recharge and Win’ offer.</p> <p>All Ncell prepaid and postpaid customers are eligible to participate in the offer. The Recharge and Win campaign was launched on September 2 for 10 weeks, through which 10 lucky customers topping up Rs 100 or more in a week will get Rs 100,000 every week.</p> <p>According to the company, the ‘Recharge and Win’ offer is implemented in a weekly cycle beginning on Sunday and ending on Saturday. Based on the recharges done in the week, the customers receive a random unique code by Monday of the following week for every cumulative refill of Rs 100. Ten lucky winners for the week are selected every Tuesday through a live draw that is broadcast on AP1 Television at 7:00 pm in presence of a celebrity.</p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8921', 'image' => '20180921043119_1st week winners.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '9141', 'article_category_id' => '1', 'title' => 'OPPO hands over Prizes to Winners of "OPPO Teej Selfie Contest"', 'sub_title' => '', 'summary' => 'September 21: Chinese smartphone brand OPPO has handed over prizes to the winners of its recent social media campaign "OPPO Teej Selfie Contest". ', 'content' => '<p>September 21: Chinese smartphone brand OPPO has handed over prizes to the winners of its recent social media campaign "OPPO Teej Selfie Contest". According to the company, Prakriti Dhungana, Smriti Shrestha and Sarina Gurung were chosen as the campaign winners and were handed over with exciting gift hampers by OPPO Nepal. The prize distribution ceremony was organized at OPPO's Customer Care Service Centre at Kamal Pokhari, Kathmandu.</p> <p>As a part of the Teej celebration, OPPO said it held this contest with an intention to celebrate along with its fans in Nepal. Under the campaign, the participants were asked to post their Best Selfie Moments (Celebrating Teej) in the comment section of their official Facebook page using #OPPOF9 and #MyTeejNp. The lucky winners were chosen amongst the participants by OPPO's internal team. The selfie contest was held from September 13 to 16.</p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8920', 'image' => '20180921042055_OPPO Teej Selfie Contest.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '9140', 'article_category_id' => '1', 'title' => 'BFIN Organises Conference to Mark its Opening', 'sub_title' => '', 'summary' => 'September 21: Banking Finance and Insurance Institute of Nepal (BFIN) organized a day-long conference titled “Banks and Financial Institutions: Emerging Challenges, Opportunities and Threats” to mark the opening of BFIN on September 18.', 'content' => '<p>September 21: Banking Finance and Insurance Institute of Nepal (BFIN) organized a day-long conference titled “Banks and Financial Institutions: Emerging Challenges, Opportunities and Threats” to mark the opening of BFIN on September 18.</p> <p>Dr Atiur Rahman, former governor of Bangladesh Bank, Dr Satish Chandra, senior advocate from India, and Bassyam Rangnathan vice president of Edelweiss Financial Institution, India were among the prominent speakers of the conference which discussed about three subjects including Banks and Financial Institutions: Emerging Challenges, Opportunities and Threats; Merger and Acquisitions : Corporate Experiences from India; and Financial Inclusions and Sustainable Development Goals (SDGs).</p> <p>Inaugurating the BFIN, Sishir Kumar Dhungana, secretary at the Ministry of Finance, highlighted the need for human resource development for the growth of the economy.</p> <p>He stated that financial sector has to play a key role in the mobilization of funds for the growth of the economy and therefore, efficiency and effectiveness of this sector is very important to take the economy forward.</p> <p>According to Dhungana, development of human capital is a priority for the Government of Nepal and that BFIN should meet the required gap in skills and knowledge existing in the entire financial sector in coordination and collaboration with the regulating agencies and institutions.</p> <p>He noted that BFIN should play a “Think Tank” role for the entire financial sector. He assured that Government’s support will be there in a noble task of developing capabilities and congratulated the entire team involved in establishment of BFIN and wished for a success of this Institute. </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8919', 'image' => '20180921041317_Clipboard01.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '9139', 'article_category_id' => '1', 'title' => 'Nabil Bank to Issue Travel Medical Insurance', 'sub_title' => '', 'summary' => 'September 21: Nabil Bank has announced to implement instant issuance of Travel Medical Insurance Policy bundled with travel related services of Nabil Bank Limited. ', 'content' => '<p>September 21: Nabil Bank has announced to implement instant issuance of Travel Medical Insurance Policy bundled with travel related services of Nabil Bank Limited. With this service, the bank will now provide travel insurance policy instantly through its counters to all interested customers who visit the bank for availing travel related services like Visa International Pre-Paid Card, bank drafts, and foreign currency exchange.</p> <p>According to the bank, this is a completely new concept and is being introduced for the first time in Nepal. Nabil Bank said in a statement that it has partnered with Prabhu Insurance Limited for this service.</p> <p>“Customers visiting Nabil Bank for travel related services will now have choice to buy travel medical insurance instantly from the bank’s counter without any hassle,” the statement said.</p> <p>According to the bank, Travel Medical Insurance is very useful to individuals travelling abroad as it covers an individual in the event of sudden and unexpected illness or accident during abroad stay and also covers other travel hiccups like loss of checked baggage, passports, travel delay, hijack etc.</p> <p>"I believe with the bundling of travel insurance services along with our travel related products we will be able to provide our customers one-stop solutions for all their travel need. Further, this will also help educating individuals travelling abroad about the importance of insurance for having safe and convenient travel. Along with other banking service, we have been taking care of our customers’ convenience for their travel abroad and now with insurance service; we will also take care of our their safety. We are excited to partner with Prabhu Insurance Limited for this service,” said Anil Keshary Shah, CEO of Nabil Bank. </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8918', 'image' => '20180921025629_travel insurance.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '9138', 'article_category_id' => '1', 'title' => 'NewBiz Business Conclave and Awards Today', 'sub_title' => '', 'summary' => 'September 21: New Business Age Pvt Ltd is organizing the fifth 'NewBiz Business Conclave and Awards 2018' amid a grand function at Hotel Soaltee Crown Plaza on Friday, September 21. ', 'content' => '<p>September 21: New Business Age Pvt Ltd is organizing the fifth 'NewBiz Business Conclave and Awards 2018' amid a grand function at Hotel Soaltee Crown Plaza on Friday, September 21. The company has been organizing the program since 2013 aiming at encouraging the commercial sector of the country.</p> <p>The conclave is being organised with the theme 'Banking Strategies and Disruptions'. According to the company, a panel discussion will be organized during the program, in which experts will discuss on the activities, challenges, and modern technologies in the banking sector. The experts will also discuss on the development of the banking sector of Nepal in the global context.</p> <p>President and vice president of Nepal Bankers' Association Gyanendra Dhungana and Anukool Bhatnakar, banker Sashin Joshi, CEO of Nepal Investment Board Maha Prasad Adhikari and National Banking Institute’s CEO Sanjeev Subba will take part in the discussions.</p> <p>Meanwhile, Advisor to Bandhan Bank of India Tamal Bandyopadhyay will give keynote speech during the function. Finance Minister Yuwaraj Khatiwada and NRB Gobernor Chiranjivi Nepal will attend the program. The conclave will also see the presence of business houses of Nepal, banking sector, insurance companies, as well as renowned entrepreneurs and businessmen.</p> <p>Discussions will also be held on wide range of topics including digital technology in financial sector, cyber attacks and ways to tackle such problems, international practice in banking sector, investment in the banking sector, liquidity crunch and its solution.</p> <p>Like in the past years, the organiser will also confer the Lifetime Achievement Award to a renowned personality who has been contributing to the society. Likewise, awards will also be handed over in 10 other categories. Separate juries were formed to evaluate the works of business organisations from across the country to award them in this regard. </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8917', 'image' => '20180921024624_Clipboard02-21.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '9137', 'article_category_id' => '1', 'title' => 'Durbarmarg Street Festival this Saturday', 'sub_title' => '', 'summary' => 'September 21: Jagdamba Motors Nepal is organising a street festival at Durbar Marg on Saturday, September 22, to mark three years of its partnership with TVS Motors.', 'content' => '<p>September 21: Jagdamba Motors Nepal is organising a street festival at Durbar Marg on Saturday, September 22, to mark three years of its partnership with TVS Motors.</p> <p>According to the company, Indian rapper Badshah will perform live during the 14<sup>th</sup> edition of the street festival.</p> <p>Other renowned artists like Indira Joshi, Aid Ray, Edge Band, Boogie Woogie top 3 and Nepal Idol top 3 also perform in the street festival, the company said in a statement. The event will kick off 12 PM onwards.</p> <p>The company said that the first 50 customers will get to meet and greet Badshah. The festival will feature food stalls and exotic music along with special kids zone.</p> <p>“One can also enjoy the fantastic shopping experience on various outlets at Durbarmarg with lots of discounts,” the statement said.</p> <p>The special attraction of the event is mirror dance, rock climbing and bumper prize is one TVS Ntorq for the visitors. Those who book TVS Ntorq will get VIP pass while the entry for the festival is free.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8916', 'image' => '20180921022248_tvs street.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '9136', 'article_category_id' => '1', 'title' => 'Vianet Launches Festive Offer', 'sub_title' => 'Announces 44 percent discount on yearly internet subscription with free NET TV, set-top box, router, installation and fibres', 'summary' => 'September 21: Vianet Communications has launched festive offer on the occasion of Dashain and Tihar.', 'content' => '<p>September 21: Vianet Communications has launched festive offer on the occasion of Dashain and Tihar.</p> <p>Vianet said in a statement that it is providing upto 44 percent discount to its customers on its yearly internet packages with 12 months of free NET TV and free NET TV set-top-box under its "Maha Chaad, Maha Bachat, Maha Offer".</p> <p>According to the company, Vianet customers can now get 20 Mbps unlimited internet for as low as Rs 999 per month, 30 Mbps unlimited internet for Rs 1,149 per month and 60 Mbps unlimited internet for Rs 1,399 per month on yearly subscription. Vianet said it has also waived off installation, fiber cable, and WiFi router charges under this offer.</p> <p>The offer is valid till November 16.</p> <p>Vianet, which has been in operation since 1999, currently has its services available within Kathmandu Valley, Banepa, Birgunj, Butwal, Biratnagar, Chitwan and Hetauda.</p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8915', 'image' => '20180921021407_Vianet.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '9135', 'article_category_id' => '1', 'title' => 'Drivers’ Strike affects Export, Import at Birgunj', 'sub_title' => '', 'summary' => 'September 20: The strike imposed by drivers in Birgunj has affected the export and imports of goods and daily essentials from the main customs point of the country.', 'content' => '<p>September 20: The strike imposed by drivers in Birgunj has affected the export and imports of goods and daily essentials from the main customs point of the country.</p> <p>The customs officials on Wednesday informed New Business Age that the country has not been able to import petroleum products since two days due to the drivers’ protest.</p> <p>Although other goods have completed customs clearance, they have been lying at the customs point due to lack of vehicles for transportation, according to customs officer Santosh Yadav.</p> <p>“Import and export have been badly affected by the strike. The goods that have received customs clearance have been lying at this office,” said Yadav.</p> <p>Yadav further said that around 600 cargo vehicles have been stranded at the integrated customs point of Birgunj due to the strike.</p> <p>The Birgunj Customs Point, which had been collecting revenue worth Rs 450 million a day on an average collected only Rs 220 million on Tuesday, informed Yadav.</p> <p> </p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8914', 'image' => null, 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '9133', 'article_category_id' => '1', 'title' => ' Decline of Global Extreme Poverty Continues but Has Slowed: World Bank', 'sub_title' => '', 'summary' => 'September 20: The World Bank has said that the decline in poverty rates has slowed, raising concerns about achieving the goal of ending poverty by 2030, although fewer people are living in extreme poverty around the world. ', 'content' => '<p>September 20: The World Bank has said that the decline in poverty rates has slowed, raising concerns about achieving the goal of ending poverty by 2030, although fewer people are living in extreme poverty around the world. </p> <p>The percentage of people living in extreme poverty globally fell to a new low of 10 percent in 2015 — the latest number available — down from 11 percent in 2013, reflecting steady but slowing progress, World Bank data show. The number of people living on less than $1.90 a day fell during this period by 68 million to 736 million, according to the World Bank.</p> <p>“Over the last 25 years, more than a billion people have lifted themselves out of extreme poverty, and the global poverty rate is now lower than it has ever been in recorded history. This is one of the greatest human achievements of our time,” World Bank Group President Jim Yong Kim said. “But if we are going to end poverty by 2030, we need much more investment, particularly in building human capital, to help promote the inclusive growth it will take to reach the remaining poor. For their sake, we cannot fail.”<br /> The World Bank stressed on the need for increased pro-poor investments to meet the target.</p> <p>The World Bank observed that despite the tremendous progress in reducing extreme poverty, rates remain stubbornly high in low-income countries and those affected by conflict and political upheaval.</p> <p>The estimates will be published in “Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle,” a report to be released on October 17, End Poverty Day.</p> <p>About half of the world’s countries now have poverty rates below 3 percent, but the report finds that the world as a whole is not on track to achieve the target of less than 3 percent of the world living in extreme poverty by 2030. </p> <p>According to the World Bank, in the 25 years from 1990 to 2015, the extreme poverty rate dropped an average of a percentage point per year – from nearly 36% to 10%. But the rate dropped only one percentage point in the two years from 2013 to 2015.</p> <p>The deceleration in global numbers stems mainly from an increasing concentration of extreme poverty in regions where poverty reduction has lagged, the report further said. </p> <p>A case in point is Sub-Saharan Africa, where, under all but the most optimistic scenarios, poverty will remain in double digits by 2030, due to the absence of significant shifts in policy. </p> <p>Slowing declines in poverty also reflect falling commodity prices, conflict, and other economic challenges for developing countries, the World Bank said in a statement.</p> <p>The World Bank’s preliminary forecast is that extreme poverty has declined to 8.6 percent in 2018.</p> <p>Two regions, East Asia and Pacific and Europe and Central Asia, have reduced extreme poverty to below 3 percent. The Middle East and North Africa region had previously been below 3 percent in 2013, but conflict in Syria and Yemen raised its poverty rate in 2015.<br /> The international poverty line is currently valued at $1.90 in terms of 2011 purchasing power parity, which equalizes its purchasing power across all countries and currencies.</p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8913', 'image' => '20180920023602_Clipboard01.jpg', 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '9134', 'article_category_id' => '1', 'title' => 'Footwear Exhibition at Bhrikuti Mandap', 'sub_title' => '', 'summary' => 'September 20: Footwear Manufacturers’ Association of Nepal has started a fair at Bhrikuti Mandap, Kathmandu exhibiting shoes and slippers at affordable rates. ', 'content' => '<p>September 20: Footwear Manufacturers’ Association of Nepal has started a fair at Bhrikuti Mandap, Kathmandu exhibiting shoes and slippers at affordable rates. According to the association, altogether five companies are displaying their products in the month-long fair at the heart of the capital. The footwear will be available at the cost price, according to Khum Raj Dhungana, chairman of the association.</p> <p>Dhungana said that the fair was organised primarily to close the gap between the customers and the companies and not for stock clearance.</p> <p>“The objective of the fair is to make new shoes of good quality available to the customers,” he said. Footwear brands of KTM, Venus, Sootstep, Pride and Highlife are available at the exhibition.</p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8912', 'image' => null, 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '9132', 'article_category_id' => '1', 'title' => 'NMA Preparing ‘Peak Profile’ of Mountains', 'sub_title' => '', 'summary' => 'September 20: Authorities in Nepal are preparing to make available details of over 400 mountain peaks identified as suitable for climbing.', 'content' => '<p>September 20: Authorities in Nepal are preparing to make available details of over 400 mountain peaks identified as suitable for climbing. Nepal Mountaineering Association is all set to prepare ‘peak profile’ of 414 mountain peaks with the objective of providing information of the mountains in a managed way.</p> <p>NMA informed New Business Age that it will be preparing the peak profile with the permission from the government within three months.</p> <p>Director General of the Department of Tourism Dhundi Raj Ghimire said that the process of readying peak profile has reached the final phase.</p> <p>“It is not that we do not have information about the peaks. But this time we are trying to make it more systematic,” he said.</p> <p>According to him, the peak profile will contain detailed information about the mountain peaks including their height, climbing routes, location, expedition cost, time required for climbing, among others and all these information will be available on website.</p> <p>Ghimire expressed his belief that this would make climbing easier.</p> <p style="text-align: center;"><img alt="" src="userfiles/images/soledada%20photo.jpg" style="height:800px" /><img alt="" src="/userfiles/images/soledada%20photo%281%29.jpg" style="height:522px; width:696px" /></p> <p>After the profiles get ready, the information will be available on the websites of Ministry of Culture, Tourism and Civil Aviation, Department of Tourism and NMA.</p> <p>NMA’s President Santabir Lama said that 3 million people can view the profile at once. According to Lama, the process of preparing profiles of the peaks started some four years ago.</p> <p>The list also includes profiles of 86 virgin peaks, which have never been climbed before. The government is also planning to open those peaks for climbing once the profile becomes ready.</p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8911', 'image' => '20180920015621_ds-beni- niskotko barahatal.jpg', 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '9131', 'article_category_id' => '1', 'title' => 'Three mega hotels with Rs 14 billion Japanese investment', 'sub_title' => '', 'summary' => 'September 20: Japan Club International is investing around Rs 14 billion in three mega hotel projects in various parts of the country.', 'content' => '<p>September 20: Japan Club International is investing around Rs 14 billion in three mega hotel projects in various parts of the country.</p> <p>The Investment Board of Nepal said on Tuesday, September 18, that the Japanese company is preparing to construct star hotels at Bhaktapur, Dahachowk and Pokhara with a total investment of USD 139.8 million.</p> <p>The Japanese company also decided to present a proposal to the council of ministers to conduct project study for the possibility of setting up solar energy, river port and magnetic energy projects. </p> <p>Prime Minister KP Sharma Oli, chairman of the Investment Board of Nepal, has requested the board to quickly implement the infrastructural development plans to timely achieve the economic prosperity goals.</p> <p>He also instructed the responsible bodies to quickly decide and amend the needed laws for garbing maximum investors. </p> <p> </p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8910', 'image' => null, 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '9130', 'article_category_id' => '1', 'title' => 'Daraz to Launch Revamped App', 'sub_title' => '', 'summary' => 'September 20: Daraz, an online shopping portal, organised the first Seller Summit in Kathmandu on September 17. ', 'content' => '<p>September 20: Daraz, an online shopping portal, organised the first Seller Summit in Kathmandu on September 17. According to the company, over 650 sellers attended the summit held at Hotel Yak and Yeti.</p> <p>The company said that the summit offered all Daraz sellers an opportunity to learn and discover smarter ways to be successful with Daraz by introducing them to the new upgraded system and software.</p> <p> Daraz announced the launch of a new revamped application from September 29, which will have new features and enhanced interface for customers.</p> <p>This launch of new app will be backed by upgraded seller back-end system, the company said in a statement. Bjarke Mikkelsen, CEO of Daraz Group, announced the new strategy to empower the sellers by providing them access to the new and highly advanced Daraz systems.</p> <p>According to the company, the new three-step approach aims to develop seller engagement and enhance customer service.</p> <p>The initial step is a revamped strategy where Daraz will provide tools to enable the sellers to sell their own products, create campaigns and interact directly with customers. The tools will be provided by Daraz to control and maintain the quality of service through a dynamic performance management system. The final step is building the business process to ensure that the system is seamless and foolproof.</p> <p> Keynote speaker of the event, Anil Keshary Shah, CEO of Nabil Bank, announced the bank’s partnership with Daraz for digital payment gateway by introducing a new spectrum for Daraz’s customers and sellers where they get the assurance of payment. He also assured that Daraz sellers will get Nabil Bank’s support by announcing SME loan facilities.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8909', 'image' => '20180920120954_Daraz2.jpg', 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '9129', 'article_category_id' => '1', 'title' => 'Qatar Airways Sustains Strong EBITDAR Despite Blockade by its Neighbouring Countries', 'sub_title' => '', 'summary' => 'September 19: Qatar Airways’ overall revenue and other operating income grew 7.22 per cent annually compared to capacity (available seat kilometres) growth of 9.96 per cent, states the annual report for 2017/18 of the airline company.', 'content' => '<p>September 19: Qatar Airways’ overall revenue and other operating income grew 7.22 per cent annually compared to capacity (available seat kilometres) growth of 9.96 per cent, states the annual report for 2017/18 of the airline company.</p> <p>According to the airline company, the lower revenue growth was directly attributable to the illegal blockade of the Gulf state by its neighbours since June 5, 2017, which impacted departing seats by 19 per cent.</p> <p>The airlines company said in a statement that its cargo revenue witnessed very impressive growth of 34.40 per cent against cargo capacity (available tonne kilometres) growing 13.95 per cent annually.</p> <p>The airline company said it generated EBITDAR Margin of 23.0 per cent at QAR 9.714 billion. EBITDAR was lower than the previous year by QAR 1.759 billion due to longer flying time resulting from the illegal blockade and loss of departing seats from the blockading countries. </p> <p>“Replacing 18 mature routes, which were closed due to the illegal blockade, the airline opened 14 new destinations during the fiscal year (24 new destinations to date). New destinations come with launch costs and the necessity to establish market presence, which resulted in an overall net loss of QAR 252 million. With a positive operating cash inflow, the cash position of the Group remained strong at QAR 13.312 billion,” the statement said.</p> ', 'published' => true, 'created' => '2018-09-19', 'modified' => '2018-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '8908', 'image' => '20180919032228_qatar.jpg', 'article_date' => '2018-09-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '9143', 'article_category_id' => '1', 'title' => 'Hotel Soaltee Crowne Plaza bags Best Managed Company Award', 'sub_title' => '', 'summary' => 'September 21: Hotel Soaltee Crowne Plaza has bagged the award of the Best Managed Company during this year’s NewBiz Business Conclave and Award 2018 held on the hotel premises on Friday, September 21.', 'content' => '<p>September 21: Hotel Soaltee Crowne Plaza has bagged the award of the Best Managed Company during this year’s NewBiz Business Conclave and Award 2018 held on the hotel premises on Friday, September 21. This is the fifth edition of the business award, which New Business Age (NBA) Pvt Ltd has been organising since 2013.</p> <p>During the awards ceremony, NBA handed over a total of 23 awards in ten different categories. Sipradi Trading had won the award of the Best Managed Company during the last edition of the award.</p> <p>Meanwhile, Saakha Group’s founder, Ganesh Bhakta Saakha, has been conferred with the NewBiz Lifetime Achievement Award. Last year, Panchakanya Group’s founder Prem Bahadur Shrestha had received the same award.</p> <p> Separate juries were formed to evaluate the works of business organisations from across the country and standout individuals to award them.</p> <p>Addressing the awards ceremony, Chairman and Editor-in-Chief of New Business Age Madan Lamsal said that the programme was organised with the motive of encouraging commercial sector of the country as well as for its promotion and development. He also said that the awards ceremony will get continuity in the coming years.</p> <p>Lamsal expressed his belief that this kind of awards ceremony would motivate the entrepreneurs to provide better service and make them more accountable. He further said new businesses are emerging in the country but the concerned authorities have not given proper attention in creating a favourable environment for the growth of this sector.</p> <p>Winners of the NewBiz Business Conclave and Award 2018</p> <p><strong>Best Managed Company</strong></p> <p>Hotel Soaltee Corwne Plaza</p> <p> </p> <p><strong>Best Managed Commercial Bank</strong></p> <p>Nabil Bank</p> <p><strong>First Runner-up</strong></p> <p>Everest Bank</p> <p><strong>Second Runner-up</strong></p> <p>Nepal Investment Bank</p> <p> </p> <p><strong>Best Managed Development Bank</strong></p> <p>Kailash Bikash Bank</p> <p><strong>First Runner-up</strong></p> <p>Gandaki Bikas Bank</p> <p><strong>Second Runner-up</strong></p> <p>Muktinath Bikas Bank</p> <p> </p> <p><strong>Best Managed Finance Company</strong></p> <p>Pokhara Finance Company</p> <p><strong>First Runner-up</strong></p> <p>Shree Investment and Finance Company</p> <p><strong>Second Runner-up</strong></p> <p>Manjushree Finance</p> <p> </p> <p><strong>Best Managed Life Insurance Company</strong></p> <p>National Life Insurance Company</p> <p><strong>First Runner-up</strong></p> <p>Nepal Life Insurance Company</p> <p><strong>Second Runner-up</strong></p> <p>Life Insurance Corporation Nepal</p> <p> </p> <p><strong>Best Managed General Insurance Company</strong></p> <p>Neco Insurance Company</p> <p><strong>First Runner-up</strong></p> <p>Sikhar Insurance Company</p> <p><strong>Second Runner-up</strong></p> <p>Sagarmatha Insurance Company</p> <p> </p> <p><strong>Best Managed Construction Company</strong></p> <p>Sharma and Company</p> <p><strong>First Runner-up</strong></p> <p>Nepal Adarsha Nirman Company</p> <p><strong>Second Runner-up</strong></p> <p>Kalika Construction Company</p> <p> </p> <p><strong>Best Managed Start-up Company</strong></p> <p>Ficus Biotech Pvt Ltd</p> <p><strong>Special Recognition Start-up Company</strong></p> <p>Kayo Creative Studio</p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-24', 'keywords' => '', 'description' => '', 'sortorder' => '8922', 'image' => '20180921043313_Clipboard02-21.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '9142', 'article_category_id' => '1', 'title' => 'Ncell hands over cash prize under ‘Recharge and Win’ offer', 'sub_title' => '', 'summary' => 'September 21: Ncell handed over cash prizes to the lucky winners of the second week of the ‘Recharge and Win’ offer.', 'content' => '<p>September 21: Ncell handed over cash prizes to the lucky winners of the second week of the ‘Recharge and Win’ offer.</p> <p>Among the 10 lucky winners of the second week, two winners received cash prize of Rs 100,000 each on Thursday. Ncell said it is verifying remaining eight winners of the second week, and will hand over the prizes from Kathmandu as well as Ncell Centers in the regions accordingly.</p> <p>Irwin M Eusoff, chief strategy officer of Ncell handed over the cash prizes to the two winners of the second week – Krishna Kumari Thapa of Nuwakot and Arjun Pariyar of Tanahun - amid a function in Kathmandu on Thursday.</p> <p>In the same function, Ncell also handed over the cash prizes to three winners of the first week. Ram Hari Aryal of Dhading, Raj Kumar Gurung and Kushal Gurung of Chitwan had won Rs 100,000 each in the first week of the ‘Recharge and Win’ offer.</p> <p>All Ncell prepaid and postpaid customers are eligible to participate in the offer. The Recharge and Win campaign was launched on September 2 for 10 weeks, through which 10 lucky customers topping up Rs 100 or more in a week will get Rs 100,000 every week.</p> <p>According to the company, the ‘Recharge and Win’ offer is implemented in a weekly cycle beginning on Sunday and ending on Saturday. Based on the recharges done in the week, the customers receive a random unique code by Monday of the following week for every cumulative refill of Rs 100. Ten lucky winners for the week are selected every Tuesday through a live draw that is broadcast on AP1 Television at 7:00 pm in presence of a celebrity.</p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8921', 'image' => '20180921043119_1st week winners.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '9141', 'article_category_id' => '1', 'title' => 'OPPO hands over Prizes to Winners of "OPPO Teej Selfie Contest"', 'sub_title' => '', 'summary' => 'September 21: Chinese smartphone brand OPPO has handed over prizes to the winners of its recent social media campaign "OPPO Teej Selfie Contest". ', 'content' => '<p>September 21: Chinese smartphone brand OPPO has handed over prizes to the winners of its recent social media campaign "OPPO Teej Selfie Contest". According to the company, Prakriti Dhungana, Smriti Shrestha and Sarina Gurung were chosen as the campaign winners and were handed over with exciting gift hampers by OPPO Nepal. The prize distribution ceremony was organized at OPPO's Customer Care Service Centre at Kamal Pokhari, Kathmandu.</p> <p>As a part of the Teej celebration, OPPO said it held this contest with an intention to celebrate along with its fans in Nepal. Under the campaign, the participants were asked to post their Best Selfie Moments (Celebrating Teej) in the comment section of their official Facebook page using #OPPOF9 and #MyTeejNp. The lucky winners were chosen amongst the participants by OPPO's internal team. The selfie contest was held from September 13 to 16.</p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8920', 'image' => '20180921042055_OPPO Teej Selfie Contest.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '9140', 'article_category_id' => '1', 'title' => 'BFIN Organises Conference to Mark its Opening', 'sub_title' => '', 'summary' => 'September 21: Banking Finance and Insurance Institute of Nepal (BFIN) organized a day-long conference titled “Banks and Financial Institutions: Emerging Challenges, Opportunities and Threats” to mark the opening of BFIN on September 18.', 'content' => '<p>September 21: Banking Finance and Insurance Institute of Nepal (BFIN) organized a day-long conference titled “Banks and Financial Institutions: Emerging Challenges, Opportunities and Threats” to mark the opening of BFIN on September 18.</p> <p>Dr Atiur Rahman, former governor of Bangladesh Bank, Dr Satish Chandra, senior advocate from India, and Bassyam Rangnathan vice president of Edelweiss Financial Institution, India were among the prominent speakers of the conference which discussed about three subjects including Banks and Financial Institutions: Emerging Challenges, Opportunities and Threats; Merger and Acquisitions : Corporate Experiences from India; and Financial Inclusions and Sustainable Development Goals (SDGs).</p> <p>Inaugurating the BFIN, Sishir Kumar Dhungana, secretary at the Ministry of Finance, highlighted the need for human resource development for the growth of the economy.</p> <p>He stated that financial sector has to play a key role in the mobilization of funds for the growth of the economy and therefore, efficiency and effectiveness of this sector is very important to take the economy forward.</p> <p>According to Dhungana, development of human capital is a priority for the Government of Nepal and that BFIN should meet the required gap in skills and knowledge existing in the entire financial sector in coordination and collaboration with the regulating agencies and institutions.</p> <p>He noted that BFIN should play a “Think Tank” role for the entire financial sector. He assured that Government’s support will be there in a noble task of developing capabilities and congratulated the entire team involved in establishment of BFIN and wished for a success of this Institute. </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8919', 'image' => '20180921041317_Clipboard01.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '9139', 'article_category_id' => '1', 'title' => 'Nabil Bank to Issue Travel Medical Insurance', 'sub_title' => '', 'summary' => 'September 21: Nabil Bank has announced to implement instant issuance of Travel Medical Insurance Policy bundled with travel related services of Nabil Bank Limited. ', 'content' => '<p>September 21: Nabil Bank has announced to implement instant issuance of Travel Medical Insurance Policy bundled with travel related services of Nabil Bank Limited. With this service, the bank will now provide travel insurance policy instantly through its counters to all interested customers who visit the bank for availing travel related services like Visa International Pre-Paid Card, bank drafts, and foreign currency exchange.</p> <p>According to the bank, this is a completely new concept and is being introduced for the first time in Nepal. Nabil Bank said in a statement that it has partnered with Prabhu Insurance Limited for this service.</p> <p>“Customers visiting Nabil Bank for travel related services will now have choice to buy travel medical insurance instantly from the bank’s counter without any hassle,” the statement said.</p> <p>According to the bank, Travel Medical Insurance is very useful to individuals travelling abroad as it covers an individual in the event of sudden and unexpected illness or accident during abroad stay and also covers other travel hiccups like loss of checked baggage, passports, travel delay, hijack etc.</p> <p>"I believe with the bundling of travel insurance services along with our travel related products we will be able to provide our customers one-stop solutions for all their travel need. Further, this will also help educating individuals travelling abroad about the importance of insurance for having safe and convenient travel. Along with other banking service, we have been taking care of our customers’ convenience for their travel abroad and now with insurance service; we will also take care of our their safety. We are excited to partner with Prabhu Insurance Limited for this service,” said Anil Keshary Shah, CEO of Nabil Bank. </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8918', 'image' => '20180921025629_travel insurance.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '9138', 'article_category_id' => '1', 'title' => 'NewBiz Business Conclave and Awards Today', 'sub_title' => '', 'summary' => 'September 21: New Business Age Pvt Ltd is organizing the fifth 'NewBiz Business Conclave and Awards 2018' amid a grand function at Hotel Soaltee Crown Plaza on Friday, September 21. ', 'content' => '<p>September 21: New Business Age Pvt Ltd is organizing the fifth 'NewBiz Business Conclave and Awards 2018' amid a grand function at Hotel Soaltee Crown Plaza on Friday, September 21. The company has been organizing the program since 2013 aiming at encouraging the commercial sector of the country.</p> <p>The conclave is being organised with the theme 'Banking Strategies and Disruptions'. According to the company, a panel discussion will be organized during the program, in which experts will discuss on the activities, challenges, and modern technologies in the banking sector. The experts will also discuss on the development of the banking sector of Nepal in the global context.</p> <p>President and vice president of Nepal Bankers' Association Gyanendra Dhungana and Anukool Bhatnakar, banker Sashin Joshi, CEO of Nepal Investment Board Maha Prasad Adhikari and National Banking Institute’s CEO Sanjeev Subba will take part in the discussions.</p> <p>Meanwhile, Advisor to Bandhan Bank of India Tamal Bandyopadhyay will give keynote speech during the function. Finance Minister Yuwaraj Khatiwada and NRB Gobernor Chiranjivi Nepal will attend the program. The conclave will also see the presence of business houses of Nepal, banking sector, insurance companies, as well as renowned entrepreneurs and businessmen.</p> <p>Discussions will also be held on wide range of topics including digital technology in financial sector, cyber attacks and ways to tackle such problems, international practice in banking sector, investment in the banking sector, liquidity crunch and its solution.</p> <p>Like in the past years, the organiser will also confer the Lifetime Achievement Award to a renowned personality who has been contributing to the society. Likewise, awards will also be handed over in 10 other categories. Separate juries were formed to evaluate the works of business organisations from across the country to award them in this regard. </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8917', 'image' => '20180921024624_Clipboard02-21.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '9137', 'article_category_id' => '1', 'title' => 'Durbarmarg Street Festival this Saturday', 'sub_title' => '', 'summary' => 'September 21: Jagdamba Motors Nepal is organising a street festival at Durbar Marg on Saturday, September 22, to mark three years of its partnership with TVS Motors.', 'content' => '<p>September 21: Jagdamba Motors Nepal is organising a street festival at Durbar Marg on Saturday, September 22, to mark three years of its partnership with TVS Motors.</p> <p>According to the company, Indian rapper Badshah will perform live during the 14<sup>th</sup> edition of the street festival.</p> <p>Other renowned artists like Indira Joshi, Aid Ray, Edge Band, Boogie Woogie top 3 and Nepal Idol top 3 also perform in the street festival, the company said in a statement. The event will kick off 12 PM onwards.</p> <p>The company said that the first 50 customers will get to meet and greet Badshah. The festival will feature food stalls and exotic music along with special kids zone.</p> <p>“One can also enjoy the fantastic shopping experience on various outlets at Durbarmarg with lots of discounts,” the statement said.</p> <p>The special attraction of the event is mirror dance, rock climbing and bumper prize is one TVS Ntorq for the visitors. Those who book TVS Ntorq will get VIP pass while the entry for the festival is free.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8916', 'image' => '20180921022248_tvs street.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '9136', 'article_category_id' => '1', 'title' => 'Vianet Launches Festive Offer', 'sub_title' => 'Announces 44 percent discount on yearly internet subscription with free NET TV, set-top box, router, installation and fibres', 'summary' => 'September 21: Vianet Communications has launched festive offer on the occasion of Dashain and Tihar.', 'content' => '<p>September 21: Vianet Communications has launched festive offer on the occasion of Dashain and Tihar.</p> <p>Vianet said in a statement that it is providing upto 44 percent discount to its customers on its yearly internet packages with 12 months of free NET TV and free NET TV set-top-box under its "Maha Chaad, Maha Bachat, Maha Offer".</p> <p>According to the company, Vianet customers can now get 20 Mbps unlimited internet for as low as Rs 999 per month, 30 Mbps unlimited internet for Rs 1,149 per month and 60 Mbps unlimited internet for Rs 1,399 per month on yearly subscription. Vianet said it has also waived off installation, fiber cable, and WiFi router charges under this offer.</p> <p>The offer is valid till November 16.</p> <p>Vianet, which has been in operation since 1999, currently has its services available within Kathmandu Valley, Banepa, Birgunj, Butwal, Biratnagar, Chitwan and Hetauda.</p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8915', 'image' => '20180921021407_Vianet.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '9135', 'article_category_id' => '1', 'title' => 'Drivers’ Strike affects Export, Import at Birgunj', 'sub_title' => '', 'summary' => 'September 20: The strike imposed by drivers in Birgunj has affected the export and imports of goods and daily essentials from the main customs point of the country.', 'content' => '<p>September 20: The strike imposed by drivers in Birgunj has affected the export and imports of goods and daily essentials from the main customs point of the country.</p> <p>The customs officials on Wednesday informed New Business Age that the country has not been able to import petroleum products since two days due to the drivers’ protest.</p> <p>Although other goods have completed customs clearance, they have been lying at the customs point due to lack of vehicles for transportation, according to customs officer Santosh Yadav.</p> <p>“Import and export have been badly affected by the strike. The goods that have received customs clearance have been lying at this office,” said Yadav.</p> <p>Yadav further said that around 600 cargo vehicles have been stranded at the integrated customs point of Birgunj due to the strike.</p> <p>The Birgunj Customs Point, which had been collecting revenue worth Rs 450 million a day on an average collected only Rs 220 million on Tuesday, informed Yadav.</p> <p> </p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8914', 'image' => null, 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '9133', 'article_category_id' => '1', 'title' => ' Decline of Global Extreme Poverty Continues but Has Slowed: World Bank', 'sub_title' => '', 'summary' => 'September 20: The World Bank has said that the decline in poverty rates has slowed, raising concerns about achieving the goal of ending poverty by 2030, although fewer people are living in extreme poverty around the world. ', 'content' => '<p>September 20: The World Bank has said that the decline in poverty rates has slowed, raising concerns about achieving the goal of ending poverty by 2030, although fewer people are living in extreme poverty around the world. </p> <p>The percentage of people living in extreme poverty globally fell to a new low of 10 percent in 2015 — the latest number available — down from 11 percent in 2013, reflecting steady but slowing progress, World Bank data show. The number of people living on less than $1.90 a day fell during this period by 68 million to 736 million, according to the World Bank.</p> <p>“Over the last 25 years, more than a billion people have lifted themselves out of extreme poverty, and the global poverty rate is now lower than it has ever been in recorded history. This is one of the greatest human achievements of our time,” World Bank Group President Jim Yong Kim said. “But if we are going to end poverty by 2030, we need much more investment, particularly in building human capital, to help promote the inclusive growth it will take to reach the remaining poor. For their sake, we cannot fail.”<br /> The World Bank stressed on the need for increased pro-poor investments to meet the target.</p> <p>The World Bank observed that despite the tremendous progress in reducing extreme poverty, rates remain stubbornly high in low-income countries and those affected by conflict and political upheaval.</p> <p>The estimates will be published in “Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle,” a report to be released on October 17, End Poverty Day.</p> <p>About half of the world’s countries now have poverty rates below 3 percent, but the report finds that the world as a whole is not on track to achieve the target of less than 3 percent of the world living in extreme poverty by 2030. </p> <p>According to the World Bank, in the 25 years from 1990 to 2015, the extreme poverty rate dropped an average of a percentage point per year – from nearly 36% to 10%. But the rate dropped only one percentage point in the two years from 2013 to 2015.</p> <p>The deceleration in global numbers stems mainly from an increasing concentration of extreme poverty in regions where poverty reduction has lagged, the report further said. </p> <p>A case in point is Sub-Saharan Africa, where, under all but the most optimistic scenarios, poverty will remain in double digits by 2030, due to the absence of significant shifts in policy. </p> <p>Slowing declines in poverty also reflect falling commodity prices, conflict, and other economic challenges for developing countries, the World Bank said in a statement.</p> <p>The World Bank’s preliminary forecast is that extreme poverty has declined to 8.6 percent in 2018.</p> <p>Two regions, East Asia and Pacific and Europe and Central Asia, have reduced extreme poverty to below 3 percent. The Middle East and North Africa region had previously been below 3 percent in 2013, but conflict in Syria and Yemen raised its poverty rate in 2015.<br /> The international poverty line is currently valued at $1.90 in terms of 2011 purchasing power parity, which equalizes its purchasing power across all countries and currencies.</p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8913', 'image' => '20180920023602_Clipboard01.jpg', 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '9134', 'article_category_id' => '1', 'title' => 'Footwear Exhibition at Bhrikuti Mandap', 'sub_title' => '', 'summary' => 'September 20: Footwear Manufacturers’ Association of Nepal has started a fair at Bhrikuti Mandap, Kathmandu exhibiting shoes and slippers at affordable rates. ', 'content' => '<p>September 20: Footwear Manufacturers’ Association of Nepal has started a fair at Bhrikuti Mandap, Kathmandu exhibiting shoes and slippers at affordable rates. According to the association, altogether five companies are displaying their products in the month-long fair at the heart of the capital. The footwear will be available at the cost price, according to Khum Raj Dhungana, chairman of the association.</p> <p>Dhungana said that the fair was organised primarily to close the gap between the customers and the companies and not for stock clearance.</p> <p>“The objective of the fair is to make new shoes of good quality available to the customers,” he said. Footwear brands of KTM, Venus, Sootstep, Pride and Highlife are available at the exhibition.</p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8912', 'image' => null, 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '9132', 'article_category_id' => '1', 'title' => 'NMA Preparing ‘Peak Profile’ of Mountains', 'sub_title' => '', 'summary' => 'September 20: Authorities in Nepal are preparing to make available details of over 400 mountain peaks identified as suitable for climbing.', 'content' => '<p>September 20: Authorities in Nepal are preparing to make available details of over 400 mountain peaks identified as suitable for climbing. Nepal Mountaineering Association is all set to prepare ‘peak profile’ of 414 mountain peaks with the objective of providing information of the mountains in a managed way.</p> <p>NMA informed New Business Age that it will be preparing the peak profile with the permission from the government within three months.</p> <p>Director General of the Department of Tourism Dhundi Raj Ghimire said that the process of readying peak profile has reached the final phase.</p> <p>“It is not that we do not have information about the peaks. But this time we are trying to make it more systematic,” he said.</p> <p>According to him, the peak profile will contain detailed information about the mountain peaks including their height, climbing routes, location, expedition cost, time required for climbing, among others and all these information will be available on website.</p> <p>Ghimire expressed his belief that this would make climbing easier.</p> <p style="text-align: center;"><img alt="" src="userfiles/images/soledada%20photo.jpg" style="height:800px" /><img alt="" src="/userfiles/images/soledada%20photo%281%29.jpg" style="height:522px; width:696px" /></p> <p>After the profiles get ready, the information will be available on the websites of Ministry of Culture, Tourism and Civil Aviation, Department of Tourism and NMA.</p> <p>NMA’s President Santabir Lama said that 3 million people can view the profile at once. According to Lama, the process of preparing profiles of the peaks started some four years ago.</p> <p>The list also includes profiles of 86 virgin peaks, which have never been climbed before. The government is also planning to open those peaks for climbing once the profile becomes ready.</p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8911', 'image' => '20180920015621_ds-beni- niskotko barahatal.jpg', 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '9131', 'article_category_id' => '1', 'title' => 'Three mega hotels with Rs 14 billion Japanese investment', 'sub_title' => '', 'summary' => 'September 20: Japan Club International is investing around Rs 14 billion in three mega hotel projects in various parts of the country.', 'content' => '<p>September 20: Japan Club International is investing around Rs 14 billion in three mega hotel projects in various parts of the country.</p> <p>The Investment Board of Nepal said on Tuesday, September 18, that the Japanese company is preparing to construct star hotels at Bhaktapur, Dahachowk and Pokhara with a total investment of USD 139.8 million.</p> <p>The Japanese company also decided to present a proposal to the council of ministers to conduct project study for the possibility of setting up solar energy, river port and magnetic energy projects. </p> <p>Prime Minister KP Sharma Oli, chairman of the Investment Board of Nepal, has requested the board to quickly implement the infrastructural development plans to timely achieve the economic prosperity goals.</p> <p>He also instructed the responsible bodies to quickly decide and amend the needed laws for garbing maximum investors. </p> <p> </p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8910', 'image' => null, 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '9130', 'article_category_id' => '1', 'title' => 'Daraz to Launch Revamped App', 'sub_title' => '', 'summary' => 'September 20: Daraz, an online shopping portal, organised the first Seller Summit in Kathmandu on September 17. ', 'content' => '<p>September 20: Daraz, an online shopping portal, organised the first Seller Summit in Kathmandu on September 17. According to the company, over 650 sellers attended the summit held at Hotel Yak and Yeti.</p> <p>The company said that the summit offered all Daraz sellers an opportunity to learn and discover smarter ways to be successful with Daraz by introducing them to the new upgraded system and software.</p> <p> Daraz announced the launch of a new revamped application from September 29, which will have new features and enhanced interface for customers.</p> <p>This launch of new app will be backed by upgraded seller back-end system, the company said in a statement. Bjarke Mikkelsen, CEO of Daraz Group, announced the new strategy to empower the sellers by providing them access to the new and highly advanced Daraz systems.</p> <p>According to the company, the new three-step approach aims to develop seller engagement and enhance customer service.</p> <p>The initial step is a revamped strategy where Daraz will provide tools to enable the sellers to sell their own products, create campaigns and interact directly with customers. The tools will be provided by Daraz to control and maintain the quality of service through a dynamic performance management system. The final step is building the business process to ensure that the system is seamless and foolproof.</p> <p> Keynote speaker of the event, Anil Keshary Shah, CEO of Nabil Bank, announced the bank’s partnership with Daraz for digital payment gateway by introducing a new spectrum for Daraz’s customers and sellers where they get the assurance of payment. He also assured that Daraz sellers will get Nabil Bank’s support by announcing SME loan facilities.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8909', 'image' => '20180920120954_Daraz2.jpg', 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '9129', 'article_category_id' => '1', 'title' => 'Qatar Airways Sustains Strong EBITDAR Despite Blockade by its Neighbouring Countries', 'sub_title' => '', 'summary' => 'September 19: Qatar Airways’ overall revenue and other operating income grew 7.22 per cent annually compared to capacity (available seat kilometres) growth of 9.96 per cent, states the annual report for 2017/18 of the airline company.', 'content' => '<p>September 19: Qatar Airways’ overall revenue and other operating income grew 7.22 per cent annually compared to capacity (available seat kilometres) growth of 9.96 per cent, states the annual report for 2017/18 of the airline company.</p> <p>According to the airline company, the lower revenue growth was directly attributable to the illegal blockade of the Gulf state by its neighbours since June 5, 2017, which impacted departing seats by 19 per cent.</p> <p>The airlines company said in a statement that its cargo revenue witnessed very impressive growth of 34.40 per cent against cargo capacity (available tonne kilometres) growing 13.95 per cent annually.</p> <p>The airline company said it generated EBITDAR Margin of 23.0 per cent at QAR 9.714 billion. EBITDAR was lower than the previous year by QAR 1.759 billion due to longer flying time resulting from the illegal blockade and loss of departing seats from the blockading countries. </p> <p>“Replacing 18 mature routes, which were closed due to the illegal blockade, the airline opened 14 new destinations during the fiscal year (24 new destinations to date). New destinations come with launch costs and the necessity to establish market presence, which resulted in an overall net loss of QAR 252 million. With a positive operating cash inflow, the cash position of the Group remained strong at QAR 13.312 billion,” the statement said.</p> ', 'published' => true, 'created' => '2018-09-19', 'modified' => '2018-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '8908', 'image' => '20180919032228_qatar.jpg', 'article_date' => '2018-09-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '9143', 'article_category_id' => '1', 'title' => 'Hotel Soaltee Crowne Plaza bags Best Managed Company Award', 'sub_title' => '', 'summary' => 'September 21: Hotel Soaltee Crowne Plaza has bagged the award of the Best Managed Company during this year’s NewBiz Business Conclave and Award 2018 held on the hotel premises on Friday, September 21.', 'content' => '<p>September 21: Hotel Soaltee Crowne Plaza has bagged the award of the Best Managed Company during this year’s NewBiz Business Conclave and Award 2018 held on the hotel premises on Friday, September 21. This is the fifth edition of the business award, which New Business Age (NBA) Pvt Ltd has been organising since 2013.</p> <p>During the awards ceremony, NBA handed over a total of 23 awards in ten different categories. Sipradi Trading had won the award of the Best Managed Company during the last edition of the award.</p> <p>Meanwhile, Saakha Group’s founder, Ganesh Bhakta Saakha, has been conferred with the NewBiz Lifetime Achievement Award. Last year, Panchakanya Group’s founder Prem Bahadur Shrestha had received the same award.</p> <p> Separate juries were formed to evaluate the works of business organisations from across the country and standout individuals to award them.</p> <p>Addressing the awards ceremony, Chairman and Editor-in-Chief of New Business Age Madan Lamsal said that the programme was organised with the motive of encouraging commercial sector of the country as well as for its promotion and development. He also said that the awards ceremony will get continuity in the coming years.</p> <p>Lamsal expressed his belief that this kind of awards ceremony would motivate the entrepreneurs to provide better service and make them more accountable. He further said new businesses are emerging in the country but the concerned authorities have not given proper attention in creating a favourable environment for the growth of this sector.</p> <p>Winners of the NewBiz Business Conclave and Award 2018</p> <p><strong>Best Managed Company</strong></p> <p>Hotel Soaltee Corwne Plaza</p> <p> </p> <p><strong>Best Managed Commercial Bank</strong></p> <p>Nabil Bank</p> <p><strong>First Runner-up</strong></p> <p>Everest Bank</p> <p><strong>Second Runner-up</strong></p> <p>Nepal Investment Bank</p> <p> </p> <p><strong>Best Managed Development Bank</strong></p> <p>Kailash Bikash Bank</p> <p><strong>First Runner-up</strong></p> <p>Gandaki Bikas Bank</p> <p><strong>Second Runner-up</strong></p> <p>Muktinath Bikas Bank</p> <p> </p> <p><strong>Best Managed Finance Company</strong></p> <p>Pokhara Finance Company</p> <p><strong>First Runner-up</strong></p> <p>Shree Investment and Finance Company</p> <p><strong>Second Runner-up</strong></p> <p>Manjushree Finance</p> <p> </p> <p><strong>Best Managed Life Insurance Company</strong></p> <p>National Life Insurance Company</p> <p><strong>First Runner-up</strong></p> <p>Nepal Life Insurance Company</p> <p><strong>Second Runner-up</strong></p> <p>Life Insurance Corporation Nepal</p> <p> </p> <p><strong>Best Managed General Insurance Company</strong></p> <p>Neco Insurance Company</p> <p><strong>First Runner-up</strong></p> <p>Sikhar Insurance Company</p> <p><strong>Second Runner-up</strong></p> <p>Sagarmatha Insurance Company</p> <p> </p> <p><strong>Best Managed Construction Company</strong></p> <p>Sharma and Company</p> <p><strong>First Runner-up</strong></p> <p>Nepal Adarsha Nirman Company</p> <p><strong>Second Runner-up</strong></p> <p>Kalika Construction Company</p> <p> </p> <p><strong>Best Managed Start-up Company</strong></p> <p>Ficus Biotech Pvt Ltd</p> <p><strong>Special Recognition Start-up Company</strong></p> <p>Kayo Creative Studio</p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-24', 'keywords' => '', 'description' => '', 'sortorder' => '8922', 'image' => '20180921043313_Clipboard02-21.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '9142', 'article_category_id' => '1', 'title' => 'Ncell hands over cash prize under ‘Recharge and Win’ offer', 'sub_title' => '', 'summary' => 'September 21: Ncell handed over cash prizes to the lucky winners of the second week of the ‘Recharge and Win’ offer.', 'content' => '<p>September 21: Ncell handed over cash prizes to the lucky winners of the second week of the ‘Recharge and Win’ offer.</p> <p>Among the 10 lucky winners of the second week, two winners received cash prize of Rs 100,000 each on Thursday. Ncell said it is verifying remaining eight winners of the second week, and will hand over the prizes from Kathmandu as well as Ncell Centers in the regions accordingly.</p> <p>Irwin M Eusoff, chief strategy officer of Ncell handed over the cash prizes to the two winners of the second week – Krishna Kumari Thapa of Nuwakot and Arjun Pariyar of Tanahun - amid a function in Kathmandu on Thursday.</p> <p>In the same function, Ncell also handed over the cash prizes to three winners of the first week. Ram Hari Aryal of Dhading, Raj Kumar Gurung and Kushal Gurung of Chitwan had won Rs 100,000 each in the first week of the ‘Recharge and Win’ offer.</p> <p>All Ncell prepaid and postpaid customers are eligible to participate in the offer. The Recharge and Win campaign was launched on September 2 for 10 weeks, through which 10 lucky customers topping up Rs 100 or more in a week will get Rs 100,000 every week.</p> <p>According to the company, the ‘Recharge and Win’ offer is implemented in a weekly cycle beginning on Sunday and ending on Saturday. Based on the recharges done in the week, the customers receive a random unique code by Monday of the following week for every cumulative refill of Rs 100. Ten lucky winners for the week are selected every Tuesday through a live draw that is broadcast on AP1 Television at 7:00 pm in presence of a celebrity.</p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8921', 'image' => '20180921043119_1st week winners.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '9141', 'article_category_id' => '1', 'title' => 'OPPO hands over Prizes to Winners of "OPPO Teej Selfie Contest"', 'sub_title' => '', 'summary' => 'September 21: Chinese smartphone brand OPPO has handed over prizes to the winners of its recent social media campaign "OPPO Teej Selfie Contest". ', 'content' => '<p>September 21: Chinese smartphone brand OPPO has handed over prizes to the winners of its recent social media campaign "OPPO Teej Selfie Contest". According to the company, Prakriti Dhungana, Smriti Shrestha and Sarina Gurung were chosen as the campaign winners and were handed over with exciting gift hampers by OPPO Nepal. The prize distribution ceremony was organized at OPPO's Customer Care Service Centre at Kamal Pokhari, Kathmandu.</p> <p>As a part of the Teej celebration, OPPO said it held this contest with an intention to celebrate along with its fans in Nepal. Under the campaign, the participants were asked to post their Best Selfie Moments (Celebrating Teej) in the comment section of their official Facebook page using #OPPOF9 and #MyTeejNp. The lucky winners were chosen amongst the participants by OPPO's internal team. The selfie contest was held from September 13 to 16.</p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8920', 'image' => '20180921042055_OPPO Teej Selfie Contest.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '9140', 'article_category_id' => '1', 'title' => 'BFIN Organises Conference to Mark its Opening', 'sub_title' => '', 'summary' => 'September 21: Banking Finance and Insurance Institute of Nepal (BFIN) organized a day-long conference titled “Banks and Financial Institutions: Emerging Challenges, Opportunities and Threats” to mark the opening of BFIN on September 18.', 'content' => '<p>September 21: Banking Finance and Insurance Institute of Nepal (BFIN) organized a day-long conference titled “Banks and Financial Institutions: Emerging Challenges, Opportunities and Threats” to mark the opening of BFIN on September 18.</p> <p>Dr Atiur Rahman, former governor of Bangladesh Bank, Dr Satish Chandra, senior advocate from India, and Bassyam Rangnathan vice president of Edelweiss Financial Institution, India were among the prominent speakers of the conference which discussed about three subjects including Banks and Financial Institutions: Emerging Challenges, Opportunities and Threats; Merger and Acquisitions : Corporate Experiences from India; and Financial Inclusions and Sustainable Development Goals (SDGs).</p> <p>Inaugurating the BFIN, Sishir Kumar Dhungana, secretary at the Ministry of Finance, highlighted the need for human resource development for the growth of the economy.</p> <p>He stated that financial sector has to play a key role in the mobilization of funds for the growth of the economy and therefore, efficiency and effectiveness of this sector is very important to take the economy forward.</p> <p>According to Dhungana, development of human capital is a priority for the Government of Nepal and that BFIN should meet the required gap in skills and knowledge existing in the entire financial sector in coordination and collaboration with the regulating agencies and institutions.</p> <p>He noted that BFIN should play a “Think Tank” role for the entire financial sector. He assured that Government’s support will be there in a noble task of developing capabilities and congratulated the entire team involved in establishment of BFIN and wished for a success of this Institute. </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8919', 'image' => '20180921041317_Clipboard01.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '9139', 'article_category_id' => '1', 'title' => 'Nabil Bank to Issue Travel Medical Insurance', 'sub_title' => '', 'summary' => 'September 21: Nabil Bank has announced to implement instant issuance of Travel Medical Insurance Policy bundled with travel related services of Nabil Bank Limited. ', 'content' => '<p>September 21: Nabil Bank has announced to implement instant issuance of Travel Medical Insurance Policy bundled with travel related services of Nabil Bank Limited. With this service, the bank will now provide travel insurance policy instantly through its counters to all interested customers who visit the bank for availing travel related services like Visa International Pre-Paid Card, bank drafts, and foreign currency exchange.</p> <p>According to the bank, this is a completely new concept and is being introduced for the first time in Nepal. Nabil Bank said in a statement that it has partnered with Prabhu Insurance Limited for this service.</p> <p>“Customers visiting Nabil Bank for travel related services will now have choice to buy travel medical insurance instantly from the bank’s counter without any hassle,” the statement said.</p> <p>According to the bank, Travel Medical Insurance is very useful to individuals travelling abroad as it covers an individual in the event of sudden and unexpected illness or accident during abroad stay and also covers other travel hiccups like loss of checked baggage, passports, travel delay, hijack etc.</p> <p>"I believe with the bundling of travel insurance services along with our travel related products we will be able to provide our customers one-stop solutions for all their travel need. Further, this will also help educating individuals travelling abroad about the importance of insurance for having safe and convenient travel. Along with other banking service, we have been taking care of our customers’ convenience for their travel abroad and now with insurance service; we will also take care of our their safety. We are excited to partner with Prabhu Insurance Limited for this service,” said Anil Keshary Shah, CEO of Nabil Bank. </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8918', 'image' => '20180921025629_travel insurance.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '9138', 'article_category_id' => '1', 'title' => 'NewBiz Business Conclave and Awards Today', 'sub_title' => '', 'summary' => 'September 21: New Business Age Pvt Ltd is organizing the fifth 'NewBiz Business Conclave and Awards 2018' amid a grand function at Hotel Soaltee Crown Plaza on Friday, September 21. ', 'content' => '<p>September 21: New Business Age Pvt Ltd is organizing the fifth 'NewBiz Business Conclave and Awards 2018' amid a grand function at Hotel Soaltee Crown Plaza on Friday, September 21. The company has been organizing the program since 2013 aiming at encouraging the commercial sector of the country.</p> <p>The conclave is being organised with the theme 'Banking Strategies and Disruptions'. According to the company, a panel discussion will be organized during the program, in which experts will discuss on the activities, challenges, and modern technologies in the banking sector. The experts will also discuss on the development of the banking sector of Nepal in the global context.</p> <p>President and vice president of Nepal Bankers' Association Gyanendra Dhungana and Anukool Bhatnakar, banker Sashin Joshi, CEO of Nepal Investment Board Maha Prasad Adhikari and National Banking Institute’s CEO Sanjeev Subba will take part in the discussions.</p> <p>Meanwhile, Advisor to Bandhan Bank of India Tamal Bandyopadhyay will give keynote speech during the function. Finance Minister Yuwaraj Khatiwada and NRB Gobernor Chiranjivi Nepal will attend the program. The conclave will also see the presence of business houses of Nepal, banking sector, insurance companies, as well as renowned entrepreneurs and businessmen.</p> <p>Discussions will also be held on wide range of topics including digital technology in financial sector, cyber attacks and ways to tackle such problems, international practice in banking sector, investment in the banking sector, liquidity crunch and its solution.</p> <p>Like in the past years, the organiser will also confer the Lifetime Achievement Award to a renowned personality who has been contributing to the society. Likewise, awards will also be handed over in 10 other categories. Separate juries were formed to evaluate the works of business organisations from across the country to award them in this regard. </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8917', 'image' => '20180921024624_Clipboard02-21.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '9137', 'article_category_id' => '1', 'title' => 'Durbarmarg Street Festival this Saturday', 'sub_title' => '', 'summary' => 'September 21: Jagdamba Motors Nepal is organising a street festival at Durbar Marg on Saturday, September 22, to mark three years of its partnership with TVS Motors.', 'content' => '<p>September 21: Jagdamba Motors Nepal is organising a street festival at Durbar Marg on Saturday, September 22, to mark three years of its partnership with TVS Motors.</p> <p>According to the company, Indian rapper Badshah will perform live during the 14<sup>th</sup> edition of the street festival.</p> <p>Other renowned artists like Indira Joshi, Aid Ray, Edge Band, Boogie Woogie top 3 and Nepal Idol top 3 also perform in the street festival, the company said in a statement. The event will kick off 12 PM onwards.</p> <p>The company said that the first 50 customers will get to meet and greet Badshah. The festival will feature food stalls and exotic music along with special kids zone.</p> <p>“One can also enjoy the fantastic shopping experience on various outlets at Durbarmarg with lots of discounts,” the statement said.</p> <p>The special attraction of the event is mirror dance, rock climbing and bumper prize is one TVS Ntorq for the visitors. Those who book TVS Ntorq will get VIP pass while the entry for the festival is free.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8916', 'image' => '20180921022248_tvs street.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '9136', 'article_category_id' => '1', 'title' => 'Vianet Launches Festive Offer', 'sub_title' => 'Announces 44 percent discount on yearly internet subscription with free NET TV, set-top box, router, installation and fibres', 'summary' => 'September 21: Vianet Communications has launched festive offer on the occasion of Dashain and Tihar.', 'content' => '<p>September 21: Vianet Communications has launched festive offer on the occasion of Dashain and Tihar.</p> <p>Vianet said in a statement that it is providing upto 44 percent discount to its customers on its yearly internet packages with 12 months of free NET TV and free NET TV set-top-box under its "Maha Chaad, Maha Bachat, Maha Offer".</p> <p>According to the company, Vianet customers can now get 20 Mbps unlimited internet for as low as Rs 999 per month, 30 Mbps unlimited internet for Rs 1,149 per month and 60 Mbps unlimited internet for Rs 1,399 per month on yearly subscription. Vianet said it has also waived off installation, fiber cable, and WiFi router charges under this offer.</p> <p>The offer is valid till November 16.</p> <p>Vianet, which has been in operation since 1999, currently has its services available within Kathmandu Valley, Banepa, Birgunj, Butwal, Biratnagar, Chitwan and Hetauda.</p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8915', 'image' => '20180921021407_Vianet.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '9135', 'article_category_id' => '1', 'title' => 'Drivers’ Strike affects Export, Import at Birgunj', 'sub_title' => '', 'summary' => 'September 20: The strike imposed by drivers in Birgunj has affected the export and imports of goods and daily essentials from the main customs point of the country.', 'content' => '<p>September 20: The strike imposed by drivers in Birgunj has affected the export and imports of goods and daily essentials from the main customs point of the country.</p> <p>The customs officials on Wednesday informed New Business Age that the country has not been able to import petroleum products since two days due to the drivers’ protest.</p> <p>Although other goods have completed customs clearance, they have been lying at the customs point due to lack of vehicles for transportation, according to customs officer Santosh Yadav.</p> <p>“Import and export have been badly affected by the strike. The goods that have received customs clearance have been lying at this office,” said Yadav.</p> <p>Yadav further said that around 600 cargo vehicles have been stranded at the integrated customs point of Birgunj due to the strike.</p> <p>The Birgunj Customs Point, which had been collecting revenue worth Rs 450 million a day on an average collected only Rs 220 million on Tuesday, informed Yadav.</p> <p> </p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8914', 'image' => null, 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '9133', 'article_category_id' => '1', 'title' => ' Decline of Global Extreme Poverty Continues but Has Slowed: World Bank', 'sub_title' => '', 'summary' => 'September 20: The World Bank has said that the decline in poverty rates has slowed, raising concerns about achieving the goal of ending poverty by 2030, although fewer people are living in extreme poverty around the world. ', 'content' => '<p>September 20: The World Bank has said that the decline in poverty rates has slowed, raising concerns about achieving the goal of ending poverty by 2030, although fewer people are living in extreme poverty around the world. </p> <p>The percentage of people living in extreme poverty globally fell to a new low of 10 percent in 2015 — the latest number available — down from 11 percent in 2013, reflecting steady but slowing progress, World Bank data show. The number of people living on less than $1.90 a day fell during this period by 68 million to 736 million, according to the World Bank.</p> <p>“Over the last 25 years, more than a billion people have lifted themselves out of extreme poverty, and the global poverty rate is now lower than it has ever been in recorded history. This is one of the greatest human achievements of our time,” World Bank Group President Jim Yong Kim said. “But if we are going to end poverty by 2030, we need much more investment, particularly in building human capital, to help promote the inclusive growth it will take to reach the remaining poor. For their sake, we cannot fail.”<br /> The World Bank stressed on the need for increased pro-poor investments to meet the target.</p> <p>The World Bank observed that despite the tremendous progress in reducing extreme poverty, rates remain stubbornly high in low-income countries and those affected by conflict and political upheaval.</p> <p>The estimates will be published in “Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle,” a report to be released on October 17, End Poverty Day.</p> <p>About half of the world’s countries now have poverty rates below 3 percent, but the report finds that the world as a whole is not on track to achieve the target of less than 3 percent of the world living in extreme poverty by 2030. </p> <p>According to the World Bank, in the 25 years from 1990 to 2015, the extreme poverty rate dropped an average of a percentage point per year – from nearly 36% to 10%. But the rate dropped only one percentage point in the two years from 2013 to 2015.</p> <p>The deceleration in global numbers stems mainly from an increasing concentration of extreme poverty in regions where poverty reduction has lagged, the report further said. </p> <p>A case in point is Sub-Saharan Africa, where, under all but the most optimistic scenarios, poverty will remain in double digits by 2030, due to the absence of significant shifts in policy. </p> <p>Slowing declines in poverty also reflect falling commodity prices, conflict, and other economic challenges for developing countries, the World Bank said in a statement.</p> <p>The World Bank’s preliminary forecast is that extreme poverty has declined to 8.6 percent in 2018.</p> <p>Two regions, East Asia and Pacific and Europe and Central Asia, have reduced extreme poverty to below 3 percent. The Middle East and North Africa region had previously been below 3 percent in 2013, but conflict in Syria and Yemen raised its poverty rate in 2015.<br /> The international poverty line is currently valued at $1.90 in terms of 2011 purchasing power parity, which equalizes its purchasing power across all countries and currencies.</p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8913', 'image' => '20180920023602_Clipboard01.jpg', 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '9134', 'article_category_id' => '1', 'title' => 'Footwear Exhibition at Bhrikuti Mandap', 'sub_title' => '', 'summary' => 'September 20: Footwear Manufacturers’ Association of Nepal has started a fair at Bhrikuti Mandap, Kathmandu exhibiting shoes and slippers at affordable rates. ', 'content' => '<p>September 20: Footwear Manufacturers’ Association of Nepal has started a fair at Bhrikuti Mandap, Kathmandu exhibiting shoes and slippers at affordable rates. According to the association, altogether five companies are displaying their products in the month-long fair at the heart of the capital. The footwear will be available at the cost price, according to Khum Raj Dhungana, chairman of the association.</p> <p>Dhungana said that the fair was organised primarily to close the gap between the customers and the companies and not for stock clearance.</p> <p>“The objective of the fair is to make new shoes of good quality available to the customers,” he said. Footwear brands of KTM, Venus, Sootstep, Pride and Highlife are available at the exhibition.</p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8912', 'image' => null, 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '9132', 'article_category_id' => '1', 'title' => 'NMA Preparing ‘Peak Profile’ of Mountains', 'sub_title' => '', 'summary' => 'September 20: Authorities in Nepal are preparing to make available details of over 400 mountain peaks identified as suitable for climbing.', 'content' => '<p>September 20: Authorities in Nepal are preparing to make available details of over 400 mountain peaks identified as suitable for climbing. Nepal Mountaineering Association is all set to prepare ‘peak profile’ of 414 mountain peaks with the objective of providing information of the mountains in a managed way.</p> <p>NMA informed New Business Age that it will be preparing the peak profile with the permission from the government within three months.</p> <p>Director General of the Department of Tourism Dhundi Raj Ghimire said that the process of readying peak profile has reached the final phase.</p> <p>“It is not that we do not have information about the peaks. But this time we are trying to make it more systematic,” he said.</p> <p>According to him, the peak profile will contain detailed information about the mountain peaks including their height, climbing routes, location, expedition cost, time required for climbing, among others and all these information will be available on website.</p> <p>Ghimire expressed his belief that this would make climbing easier.</p> <p style="text-align: center;"><img alt="" src="userfiles/images/soledada%20photo.jpg" style="height:800px" /><img alt="" src="/userfiles/images/soledada%20photo%281%29.jpg" style="height:522px; width:696px" /></p> <p>After the profiles get ready, the information will be available on the websites of Ministry of Culture, Tourism and Civil Aviation, Department of Tourism and NMA.</p> <p>NMA’s President Santabir Lama said that 3 million people can view the profile at once. According to Lama, the process of preparing profiles of the peaks started some four years ago.</p> <p>The list also includes profiles of 86 virgin peaks, which have never been climbed before. The government is also planning to open those peaks for climbing once the profile becomes ready.</p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8911', 'image' => '20180920015621_ds-beni- niskotko barahatal.jpg', 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '9131', 'article_category_id' => '1', 'title' => 'Three mega hotels with Rs 14 billion Japanese investment', 'sub_title' => '', 'summary' => 'September 20: Japan Club International is investing around Rs 14 billion in three mega hotel projects in various parts of the country.', 'content' => '<p>September 20: Japan Club International is investing around Rs 14 billion in three mega hotel projects in various parts of the country.</p> <p>The Investment Board of Nepal said on Tuesday, September 18, that the Japanese company is preparing to construct star hotels at Bhaktapur, Dahachowk and Pokhara with a total investment of USD 139.8 million.</p> <p>The Japanese company also decided to present a proposal to the council of ministers to conduct project study for the possibility of setting up solar energy, river port and magnetic energy projects. </p> <p>Prime Minister KP Sharma Oli, chairman of the Investment Board of Nepal, has requested the board to quickly implement the infrastructural development plans to timely achieve the economic prosperity goals.</p> <p>He also instructed the responsible bodies to quickly decide and amend the needed laws for garbing maximum investors. </p> <p> </p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8910', 'image' => null, 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '9130', 'article_category_id' => '1', 'title' => 'Daraz to Launch Revamped App', 'sub_title' => '', 'summary' => 'September 20: Daraz, an online shopping portal, organised the first Seller Summit in Kathmandu on September 17. ', 'content' => '<p>September 20: Daraz, an online shopping portal, organised the first Seller Summit in Kathmandu on September 17. According to the company, over 650 sellers attended the summit held at Hotel Yak and Yeti.</p> <p>The company said that the summit offered all Daraz sellers an opportunity to learn and discover smarter ways to be successful with Daraz by introducing them to the new upgraded system and software.</p> <p> Daraz announced the launch of a new revamped application from September 29, which will have new features and enhanced interface for customers.</p> <p>This launch of new app will be backed by upgraded seller back-end system, the company said in a statement. Bjarke Mikkelsen, CEO of Daraz Group, announced the new strategy to empower the sellers by providing them access to the new and highly advanced Daraz systems.</p> <p>According to the company, the new three-step approach aims to develop seller engagement and enhance customer service.</p> <p>The initial step is a revamped strategy where Daraz will provide tools to enable the sellers to sell their own products, create campaigns and interact directly with customers. The tools will be provided by Daraz to control and maintain the quality of service through a dynamic performance management system. The final step is building the business process to ensure that the system is seamless and foolproof.</p> <p> Keynote speaker of the event, Anil Keshary Shah, CEO of Nabil Bank, announced the bank’s partnership with Daraz for digital payment gateway by introducing a new spectrum for Daraz’s customers and sellers where they get the assurance of payment. He also assured that Daraz sellers will get Nabil Bank’s support by announcing SME loan facilities.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8909', 'image' => '20180920120954_Daraz2.jpg', 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '9129', 'article_category_id' => '1', 'title' => 'Qatar Airways Sustains Strong EBITDAR Despite Blockade by its Neighbouring Countries', 'sub_title' => '', 'summary' => 'September 19: Qatar Airways’ overall revenue and other operating income grew 7.22 per cent annually compared to capacity (available seat kilometres) growth of 9.96 per cent, states the annual report for 2017/18 of the airline company.', 'content' => '<p>September 19: Qatar Airways’ overall revenue and other operating income grew 7.22 per cent annually compared to capacity (available seat kilometres) growth of 9.96 per cent, states the annual report for 2017/18 of the airline company.</p> <p>According to the airline company, the lower revenue growth was directly attributable to the illegal blockade of the Gulf state by its neighbours since June 5, 2017, which impacted departing seats by 19 per cent.</p> <p>The airlines company said in a statement that its cargo revenue witnessed very impressive growth of 34.40 per cent against cargo capacity (available tonne kilometres) growing 13.95 per cent annually.</p> <p>The airline company said it generated EBITDAR Margin of 23.0 per cent at QAR 9.714 billion. EBITDAR was lower than the previous year by QAR 1.759 billion due to longer flying time resulting from the illegal blockade and loss of departing seats from the blockading countries. </p> <p>“Replacing 18 mature routes, which were closed due to the illegal blockade, the airline opened 14 new destinations during the fiscal year (24 new destinations to date). New destinations come with launch costs and the necessity to establish market presence, which resulted in an overall net loss of QAR 252 million. With a positive operating cash inflow, the cash position of the Group remained strong at QAR 13.312 billion,” the statement said.</p> ', 'published' => true, 'created' => '2018-09-19', 'modified' => '2018-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '8908', 'image' => '20180919032228_qatar.jpg', 'article_date' => '2018-09-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '9143', 'article_category_id' => '1', 'title' => 'Hotel Soaltee Crowne Plaza bags Best Managed Company Award', 'sub_title' => '', 'summary' => 'September 21: Hotel Soaltee Crowne Plaza has bagged the award of the Best Managed Company during this year’s NewBiz Business Conclave and Award 2018 held on the hotel premises on Friday, September 21.', 'content' => '<p>September 21: Hotel Soaltee Crowne Plaza has bagged the award of the Best Managed Company during this year’s NewBiz Business Conclave and Award 2018 held on the hotel premises on Friday, September 21. This is the fifth edition of the business award, which New Business Age (NBA) Pvt Ltd has been organising since 2013.</p> <p>During the awards ceremony, NBA handed over a total of 23 awards in ten different categories. Sipradi Trading had won the award of the Best Managed Company during the last edition of the award.</p> <p>Meanwhile, Saakha Group’s founder, Ganesh Bhakta Saakha, has been conferred with the NewBiz Lifetime Achievement Award. Last year, Panchakanya Group’s founder Prem Bahadur Shrestha had received the same award.</p> <p> Separate juries were formed to evaluate the works of business organisations from across the country and standout individuals to award them.</p> <p>Addressing the awards ceremony, Chairman and Editor-in-Chief of New Business Age Madan Lamsal said that the programme was organised with the motive of encouraging commercial sector of the country as well as for its promotion and development. He also said that the awards ceremony will get continuity in the coming years.</p> <p>Lamsal expressed his belief that this kind of awards ceremony would motivate the entrepreneurs to provide better service and make them more accountable. He further said new businesses are emerging in the country but the concerned authorities have not given proper attention in creating a favourable environment for the growth of this sector.</p> <p>Winners of the NewBiz Business Conclave and Award 2018</p> <p><strong>Best Managed Company</strong></p> <p>Hotel Soaltee Corwne Plaza</p> <p> </p> <p><strong>Best Managed Commercial Bank</strong></p> <p>Nabil Bank</p> <p><strong>First Runner-up</strong></p> <p>Everest Bank</p> <p><strong>Second Runner-up</strong></p> <p>Nepal Investment Bank</p> <p> </p> <p><strong>Best Managed Development Bank</strong></p> <p>Kailash Bikash Bank</p> <p><strong>First Runner-up</strong></p> <p>Gandaki Bikas Bank</p> <p><strong>Second Runner-up</strong></p> <p>Muktinath Bikas Bank</p> <p> </p> <p><strong>Best Managed Finance Company</strong></p> <p>Pokhara Finance Company</p> <p><strong>First Runner-up</strong></p> <p>Shree Investment and Finance Company</p> <p><strong>Second Runner-up</strong></p> <p>Manjushree Finance</p> <p> </p> <p><strong>Best Managed Life Insurance Company</strong></p> <p>National Life Insurance Company</p> <p><strong>First Runner-up</strong></p> <p>Nepal Life Insurance Company</p> <p><strong>Second Runner-up</strong></p> <p>Life Insurance Corporation Nepal</p> <p> </p> <p><strong>Best Managed General Insurance Company</strong></p> <p>Neco Insurance Company</p> <p><strong>First Runner-up</strong></p> <p>Sikhar Insurance Company</p> <p><strong>Second Runner-up</strong></p> <p>Sagarmatha Insurance Company</p> <p> </p> <p><strong>Best Managed Construction Company</strong></p> <p>Sharma and Company</p> <p><strong>First Runner-up</strong></p> <p>Nepal Adarsha Nirman Company</p> <p><strong>Second Runner-up</strong></p> <p>Kalika Construction Company</p> <p> </p> <p><strong>Best Managed Start-up Company</strong></p> <p>Ficus Biotech Pvt Ltd</p> <p><strong>Special Recognition Start-up Company</strong></p> <p>Kayo Creative Studio</p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-24', 'keywords' => '', 'description' => '', 'sortorder' => '8922', 'image' => '20180921043313_Clipboard02-21.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 1 => array( 'Article' => array( 'id' => '9142', 'article_category_id' => '1', 'title' => 'Ncell hands over cash prize under ‘Recharge and Win’ offer', 'sub_title' => '', 'summary' => 'September 21: Ncell handed over cash prizes to the lucky winners of the second week of the ‘Recharge and Win’ offer.', 'content' => '<p>September 21: Ncell handed over cash prizes to the lucky winners of the second week of the ‘Recharge and Win’ offer.</p> <p>Among the 10 lucky winners of the second week, two winners received cash prize of Rs 100,000 each on Thursday. Ncell said it is verifying remaining eight winners of the second week, and will hand over the prizes from Kathmandu as well as Ncell Centers in the regions accordingly.</p> <p>Irwin M Eusoff, chief strategy officer of Ncell handed over the cash prizes to the two winners of the second week – Krishna Kumari Thapa of Nuwakot and Arjun Pariyar of Tanahun - amid a function in Kathmandu on Thursday.</p> <p>In the same function, Ncell also handed over the cash prizes to three winners of the first week. Ram Hari Aryal of Dhading, Raj Kumar Gurung and Kushal Gurung of Chitwan had won Rs 100,000 each in the first week of the ‘Recharge and Win’ offer.</p> <p>All Ncell prepaid and postpaid customers are eligible to participate in the offer. The Recharge and Win campaign was launched on September 2 for 10 weeks, through which 10 lucky customers topping up Rs 100 or more in a week will get Rs 100,000 every week.</p> <p>According to the company, the ‘Recharge and Win’ offer is implemented in a weekly cycle beginning on Sunday and ending on Saturday. Based on the recharges done in the week, the customers receive a random unique code by Monday of the following week for every cumulative refill of Rs 100. Ten lucky winners for the week are selected every Tuesday through a live draw that is broadcast on AP1 Television at 7:00 pm in presence of a celebrity.</p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8921', 'image' => '20180921043119_1st week winners.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 2 => array( 'Article' => array( 'id' => '9141', 'article_category_id' => '1', 'title' => 'OPPO hands over Prizes to Winners of "OPPO Teej Selfie Contest"', 'sub_title' => '', 'summary' => 'September 21: Chinese smartphone brand OPPO has handed over prizes to the winners of its recent social media campaign "OPPO Teej Selfie Contest". ', 'content' => '<p>September 21: Chinese smartphone brand OPPO has handed over prizes to the winners of its recent social media campaign "OPPO Teej Selfie Contest". According to the company, Prakriti Dhungana, Smriti Shrestha and Sarina Gurung were chosen as the campaign winners and were handed over with exciting gift hampers by OPPO Nepal. The prize distribution ceremony was organized at OPPO's Customer Care Service Centre at Kamal Pokhari, Kathmandu.</p> <p>As a part of the Teej celebration, OPPO said it held this contest with an intention to celebrate along with its fans in Nepal. Under the campaign, the participants were asked to post their Best Selfie Moments (Celebrating Teej) in the comment section of their official Facebook page using #OPPOF9 and #MyTeejNp. The lucky winners were chosen amongst the participants by OPPO's internal team. The selfie contest was held from September 13 to 16.</p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8920', 'image' => '20180921042055_OPPO Teej Selfie Contest.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 3 => array( 'Article' => array( 'id' => '9140', 'article_category_id' => '1', 'title' => 'BFIN Organises Conference to Mark its Opening', 'sub_title' => '', 'summary' => 'September 21: Banking Finance and Insurance Institute of Nepal (BFIN) organized a day-long conference titled “Banks and Financial Institutions: Emerging Challenges, Opportunities and Threats” to mark the opening of BFIN on September 18.', 'content' => '<p>September 21: Banking Finance and Insurance Institute of Nepal (BFIN) organized a day-long conference titled “Banks and Financial Institutions: Emerging Challenges, Opportunities and Threats” to mark the opening of BFIN on September 18.</p> <p>Dr Atiur Rahman, former governor of Bangladesh Bank, Dr Satish Chandra, senior advocate from India, and Bassyam Rangnathan vice president of Edelweiss Financial Institution, India were among the prominent speakers of the conference which discussed about three subjects including Banks and Financial Institutions: Emerging Challenges, Opportunities and Threats; Merger and Acquisitions : Corporate Experiences from India; and Financial Inclusions and Sustainable Development Goals (SDGs).</p> <p>Inaugurating the BFIN, Sishir Kumar Dhungana, secretary at the Ministry of Finance, highlighted the need for human resource development for the growth of the economy.</p> <p>He stated that financial sector has to play a key role in the mobilization of funds for the growth of the economy and therefore, efficiency and effectiveness of this sector is very important to take the economy forward.</p> <p>According to Dhungana, development of human capital is a priority for the Government of Nepal and that BFIN should meet the required gap in skills and knowledge existing in the entire financial sector in coordination and collaboration with the regulating agencies and institutions.</p> <p>He noted that BFIN should play a “Think Tank” role for the entire financial sector. He assured that Government’s support will be there in a noble task of developing capabilities and congratulated the entire team involved in establishment of BFIN and wished for a success of this Institute. </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8919', 'image' => '20180921041317_Clipboard01.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 4 => array( 'Article' => array( 'id' => '9139', 'article_category_id' => '1', 'title' => 'Nabil Bank to Issue Travel Medical Insurance', 'sub_title' => '', 'summary' => 'September 21: Nabil Bank has announced to implement instant issuance of Travel Medical Insurance Policy bundled with travel related services of Nabil Bank Limited. ', 'content' => '<p>September 21: Nabil Bank has announced to implement instant issuance of Travel Medical Insurance Policy bundled with travel related services of Nabil Bank Limited. With this service, the bank will now provide travel insurance policy instantly through its counters to all interested customers who visit the bank for availing travel related services like Visa International Pre-Paid Card, bank drafts, and foreign currency exchange.</p> <p>According to the bank, this is a completely new concept and is being introduced for the first time in Nepal. Nabil Bank said in a statement that it has partnered with Prabhu Insurance Limited for this service.</p> <p>“Customers visiting Nabil Bank for travel related services will now have choice to buy travel medical insurance instantly from the bank’s counter without any hassle,” the statement said.</p> <p>According to the bank, Travel Medical Insurance is very useful to individuals travelling abroad as it covers an individual in the event of sudden and unexpected illness or accident during abroad stay and also covers other travel hiccups like loss of checked baggage, passports, travel delay, hijack etc.</p> <p>"I believe with the bundling of travel insurance services along with our travel related products we will be able to provide our customers one-stop solutions for all their travel need. Further, this will also help educating individuals travelling abroad about the importance of insurance for having safe and convenient travel. Along with other banking service, we have been taking care of our customers’ convenience for their travel abroad and now with insurance service; we will also take care of our their safety. We are excited to partner with Prabhu Insurance Limited for this service,” said Anil Keshary Shah, CEO of Nabil Bank. </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8918', 'image' => '20180921025629_travel insurance.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 5 => array( 'Article' => array( 'id' => '9138', 'article_category_id' => '1', 'title' => 'NewBiz Business Conclave and Awards Today', 'sub_title' => '', 'summary' => 'September 21: New Business Age Pvt Ltd is organizing the fifth 'NewBiz Business Conclave and Awards 2018' amid a grand function at Hotel Soaltee Crown Plaza on Friday, September 21. ', 'content' => '<p>September 21: New Business Age Pvt Ltd is organizing the fifth 'NewBiz Business Conclave and Awards 2018' amid a grand function at Hotel Soaltee Crown Plaza on Friday, September 21. The company has been organizing the program since 2013 aiming at encouraging the commercial sector of the country.</p> <p>The conclave is being organised with the theme 'Banking Strategies and Disruptions'. According to the company, a panel discussion will be organized during the program, in which experts will discuss on the activities, challenges, and modern technologies in the banking sector. The experts will also discuss on the development of the banking sector of Nepal in the global context.</p> <p>President and vice president of Nepal Bankers' Association Gyanendra Dhungana and Anukool Bhatnakar, banker Sashin Joshi, CEO of Nepal Investment Board Maha Prasad Adhikari and National Banking Institute’s CEO Sanjeev Subba will take part in the discussions.</p> <p>Meanwhile, Advisor to Bandhan Bank of India Tamal Bandyopadhyay will give keynote speech during the function. Finance Minister Yuwaraj Khatiwada and NRB Gobernor Chiranjivi Nepal will attend the program. The conclave will also see the presence of business houses of Nepal, banking sector, insurance companies, as well as renowned entrepreneurs and businessmen.</p> <p>Discussions will also be held on wide range of topics including digital technology in financial sector, cyber attacks and ways to tackle such problems, international practice in banking sector, investment in the banking sector, liquidity crunch and its solution.</p> <p>Like in the past years, the organiser will also confer the Lifetime Achievement Award to a renowned personality who has been contributing to the society. Likewise, awards will also be handed over in 10 other categories. Separate juries were formed to evaluate the works of business organisations from across the country to award them in this regard. </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8917', 'image' => '20180921024624_Clipboard02-21.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 6 => array( 'Article' => array( 'id' => '9137', 'article_category_id' => '1', 'title' => 'Durbarmarg Street Festival this Saturday', 'sub_title' => '', 'summary' => 'September 21: Jagdamba Motors Nepal is organising a street festival at Durbar Marg on Saturday, September 22, to mark three years of its partnership with TVS Motors.', 'content' => '<p>September 21: Jagdamba Motors Nepal is organising a street festival at Durbar Marg on Saturday, September 22, to mark three years of its partnership with TVS Motors.</p> <p>According to the company, Indian rapper Badshah will perform live during the 14<sup>th</sup> edition of the street festival.</p> <p>Other renowned artists like Indira Joshi, Aid Ray, Edge Band, Boogie Woogie top 3 and Nepal Idol top 3 also perform in the street festival, the company said in a statement. The event will kick off 12 PM onwards.</p> <p>The company said that the first 50 customers will get to meet and greet Badshah. The festival will feature food stalls and exotic music along with special kids zone.</p> <p>“One can also enjoy the fantastic shopping experience on various outlets at Durbarmarg with lots of discounts,” the statement said.</p> <p>The special attraction of the event is mirror dance, rock climbing and bumper prize is one TVS Ntorq for the visitors. Those who book TVS Ntorq will get VIP pass while the entry for the festival is free.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8916', 'image' => '20180921022248_tvs street.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 7 => array( 'Article' => array( 'id' => '9136', 'article_category_id' => '1', 'title' => 'Vianet Launches Festive Offer', 'sub_title' => 'Announces 44 percent discount on yearly internet subscription with free NET TV, set-top box, router, installation and fibres', 'summary' => 'September 21: Vianet Communications has launched festive offer on the occasion of Dashain and Tihar.', 'content' => '<p>September 21: Vianet Communications has launched festive offer on the occasion of Dashain and Tihar.</p> <p>Vianet said in a statement that it is providing upto 44 percent discount to its customers on its yearly internet packages with 12 months of free NET TV and free NET TV set-top-box under its "Maha Chaad, Maha Bachat, Maha Offer".</p> <p>According to the company, Vianet customers can now get 20 Mbps unlimited internet for as low as Rs 999 per month, 30 Mbps unlimited internet for Rs 1,149 per month and 60 Mbps unlimited internet for Rs 1,399 per month on yearly subscription. Vianet said it has also waived off installation, fiber cable, and WiFi router charges under this offer.</p> <p>The offer is valid till November 16.</p> <p>Vianet, which has been in operation since 1999, currently has its services available within Kathmandu Valley, Banepa, Birgunj, Butwal, Biratnagar, Chitwan and Hetauda.</p> <p> </p> ', 'published' => true, 'created' => '2018-09-21', 'modified' => '2018-09-21', 'keywords' => '', 'description' => '', 'sortorder' => '8915', 'image' => '20180921021407_Vianet.jpg', 'article_date' => '2018-09-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 8 => array( 'Article' => array( 'id' => '9135', 'article_category_id' => '1', 'title' => 'Drivers’ Strike affects Export, Import at Birgunj', 'sub_title' => '', 'summary' => 'September 20: The strike imposed by drivers in Birgunj has affected the export and imports of goods and daily essentials from the main customs point of the country.', 'content' => '<p>September 20: The strike imposed by drivers in Birgunj has affected the export and imports of goods and daily essentials from the main customs point of the country.</p> <p>The customs officials on Wednesday informed New Business Age that the country has not been able to import petroleum products since two days due to the drivers’ protest.</p> <p>Although other goods have completed customs clearance, they have been lying at the customs point due to lack of vehicles for transportation, according to customs officer Santosh Yadav.</p> <p>“Import and export have been badly affected by the strike. The goods that have received customs clearance have been lying at this office,” said Yadav.</p> <p>Yadav further said that around 600 cargo vehicles have been stranded at the integrated customs point of Birgunj due to the strike.</p> <p>The Birgunj Customs Point, which had been collecting revenue worth Rs 450 million a day on an average collected only Rs 220 million on Tuesday, informed Yadav.</p> <p> </p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8914', 'image' => null, 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 9 => array( 'Article' => array( 'id' => '9133', 'article_category_id' => '1', 'title' => ' Decline of Global Extreme Poverty Continues but Has Slowed: World Bank', 'sub_title' => '', 'summary' => 'September 20: The World Bank has said that the decline in poverty rates has slowed, raising concerns about achieving the goal of ending poverty by 2030, although fewer people are living in extreme poverty around the world. ', 'content' => '<p>September 20: The World Bank has said that the decline in poverty rates has slowed, raising concerns about achieving the goal of ending poverty by 2030, although fewer people are living in extreme poverty around the world. </p> <p>The percentage of people living in extreme poverty globally fell to a new low of 10 percent in 2015 — the latest number available — down from 11 percent in 2013, reflecting steady but slowing progress, World Bank data show. The number of people living on less than $1.90 a day fell during this period by 68 million to 736 million, according to the World Bank.</p> <p>“Over the last 25 years, more than a billion people have lifted themselves out of extreme poverty, and the global poverty rate is now lower than it has ever been in recorded history. This is one of the greatest human achievements of our time,” World Bank Group President Jim Yong Kim said. “But if we are going to end poverty by 2030, we need much more investment, particularly in building human capital, to help promote the inclusive growth it will take to reach the remaining poor. For their sake, we cannot fail.”<br /> The World Bank stressed on the need for increased pro-poor investments to meet the target.</p> <p>The World Bank observed that despite the tremendous progress in reducing extreme poverty, rates remain stubbornly high in low-income countries and those affected by conflict and political upheaval.</p> <p>The estimates will be published in “Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle,” a report to be released on October 17, End Poverty Day.</p> <p>About half of the world’s countries now have poverty rates below 3 percent, but the report finds that the world as a whole is not on track to achieve the target of less than 3 percent of the world living in extreme poverty by 2030. </p> <p>According to the World Bank, in the 25 years from 1990 to 2015, the extreme poverty rate dropped an average of a percentage point per year – from nearly 36% to 10%. But the rate dropped only one percentage point in the two years from 2013 to 2015.</p> <p>The deceleration in global numbers stems mainly from an increasing concentration of extreme poverty in regions where poverty reduction has lagged, the report further said. </p> <p>A case in point is Sub-Saharan Africa, where, under all but the most optimistic scenarios, poverty will remain in double digits by 2030, due to the absence of significant shifts in policy. </p> <p>Slowing declines in poverty also reflect falling commodity prices, conflict, and other economic challenges for developing countries, the World Bank said in a statement.</p> <p>The World Bank’s preliminary forecast is that extreme poverty has declined to 8.6 percent in 2018.</p> <p>Two regions, East Asia and Pacific and Europe and Central Asia, have reduced extreme poverty to below 3 percent. The Middle East and North Africa region had previously been below 3 percent in 2013, but conflict in Syria and Yemen raised its poverty rate in 2015.<br /> The international poverty line is currently valued at $1.90 in terms of 2011 purchasing power parity, which equalizes its purchasing power across all countries and currencies.</p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8913', 'image' => '20180920023602_Clipboard01.jpg', 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 10 => array( 'Article' => array( 'id' => '9134', 'article_category_id' => '1', 'title' => 'Footwear Exhibition at Bhrikuti Mandap', 'sub_title' => '', 'summary' => 'September 20: Footwear Manufacturers’ Association of Nepal has started a fair at Bhrikuti Mandap, Kathmandu exhibiting shoes and slippers at affordable rates. ', 'content' => '<p>September 20: Footwear Manufacturers’ Association of Nepal has started a fair at Bhrikuti Mandap, Kathmandu exhibiting shoes and slippers at affordable rates. According to the association, altogether five companies are displaying their products in the month-long fair at the heart of the capital. The footwear will be available at the cost price, according to Khum Raj Dhungana, chairman of the association.</p> <p>Dhungana said that the fair was organised primarily to close the gap between the customers and the companies and not for stock clearance.</p> <p>“The objective of the fair is to make new shoes of good quality available to the customers,” he said. Footwear brands of KTM, Venus, Sootstep, Pride and Highlife are available at the exhibition.</p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8912', 'image' => null, 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 11 => array( 'Article' => array( 'id' => '9132', 'article_category_id' => '1', 'title' => 'NMA Preparing ‘Peak Profile’ of Mountains', 'sub_title' => '', 'summary' => 'September 20: Authorities in Nepal are preparing to make available details of over 400 mountain peaks identified as suitable for climbing.', 'content' => '<p>September 20: Authorities in Nepal are preparing to make available details of over 400 mountain peaks identified as suitable for climbing. Nepal Mountaineering Association is all set to prepare ‘peak profile’ of 414 mountain peaks with the objective of providing information of the mountains in a managed way.</p> <p>NMA informed New Business Age that it will be preparing the peak profile with the permission from the government within three months.</p> <p>Director General of the Department of Tourism Dhundi Raj Ghimire said that the process of readying peak profile has reached the final phase.</p> <p>“It is not that we do not have information about the peaks. But this time we are trying to make it more systematic,” he said.</p> <p>According to him, the peak profile will contain detailed information about the mountain peaks including their height, climbing routes, location, expedition cost, time required for climbing, among others and all these information will be available on website.</p> <p>Ghimire expressed his belief that this would make climbing easier.</p> <p style="text-align: center;"><img alt="" src="userfiles/images/soledada%20photo.jpg" style="height:800px" /><img alt="" src="/userfiles/images/soledada%20photo%281%29.jpg" style="height:522px; width:696px" /></p> <p>After the profiles get ready, the information will be available on the websites of Ministry of Culture, Tourism and Civil Aviation, Department of Tourism and NMA.</p> <p>NMA’s President Santabir Lama said that 3 million people can view the profile at once. According to Lama, the process of preparing profiles of the peaks started some four years ago.</p> <p>The list also includes profiles of 86 virgin peaks, which have never been climbed before. The government is also planning to open those peaks for climbing once the profile becomes ready.</p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8911', 'image' => '20180920015621_ds-beni- niskotko barahatal.jpg', 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 12 => array( 'Article' => array( 'id' => '9131', 'article_category_id' => '1', 'title' => 'Three mega hotels with Rs 14 billion Japanese investment', 'sub_title' => '', 'summary' => 'September 20: Japan Club International is investing around Rs 14 billion in three mega hotel projects in various parts of the country.', 'content' => '<p>September 20: Japan Club International is investing around Rs 14 billion in three mega hotel projects in various parts of the country.</p> <p>The Investment Board of Nepal said on Tuesday, September 18, that the Japanese company is preparing to construct star hotels at Bhaktapur, Dahachowk and Pokhara with a total investment of USD 139.8 million.</p> <p>The Japanese company also decided to present a proposal to the council of ministers to conduct project study for the possibility of setting up solar energy, river port and magnetic energy projects. </p> <p>Prime Minister KP Sharma Oli, chairman of the Investment Board of Nepal, has requested the board to quickly implement the infrastructural development plans to timely achieve the economic prosperity goals.</p> <p>He also instructed the responsible bodies to quickly decide and amend the needed laws for garbing maximum investors. </p> <p> </p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8910', 'image' => null, 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 13 => array( 'Article' => array( 'id' => '9130', 'article_category_id' => '1', 'title' => 'Daraz to Launch Revamped App', 'sub_title' => '', 'summary' => 'September 20: Daraz, an online shopping portal, organised the first Seller Summit in Kathmandu on September 17. ', 'content' => '<p>September 20: Daraz, an online shopping portal, organised the first Seller Summit in Kathmandu on September 17. According to the company, over 650 sellers attended the summit held at Hotel Yak and Yeti.</p> <p>The company said that the summit offered all Daraz sellers an opportunity to learn and discover smarter ways to be successful with Daraz by introducing them to the new upgraded system and software.</p> <p> Daraz announced the launch of a new revamped application from September 29, which will have new features and enhanced interface for customers.</p> <p>This launch of new app will be backed by upgraded seller back-end system, the company said in a statement. Bjarke Mikkelsen, CEO of Daraz Group, announced the new strategy to empower the sellers by providing them access to the new and highly advanced Daraz systems.</p> <p>According to the company, the new three-step approach aims to develop seller engagement and enhance customer service.</p> <p>The initial step is a revamped strategy where Daraz will provide tools to enable the sellers to sell their own products, create campaigns and interact directly with customers. The tools will be provided by Daraz to control and maintain the quality of service through a dynamic performance management system. The final step is building the business process to ensure that the system is seamless and foolproof.</p> <p> Keynote speaker of the event, Anil Keshary Shah, CEO of Nabil Bank, announced the bank’s partnership with Daraz for digital payment gateway by introducing a new spectrum for Daraz’s customers and sellers where they get the assurance of payment. He also assured that Daraz sellers will get Nabil Bank’s support by announcing SME loan facilities.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-09-20', 'modified' => '2018-09-20', 'keywords' => '', 'description' => '', 'sortorder' => '8909', 'image' => '20180920120954_Daraz2.jpg', 'article_date' => '2018-09-20 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ), (int) 14 => array( 'Article' => array( 'id' => '9129', 'article_category_id' => '1', 'title' => 'Qatar Airways Sustains Strong EBITDAR Despite Blockade by its Neighbouring Countries', 'sub_title' => '', 'summary' => 'September 19: Qatar Airways’ overall revenue and other operating income grew 7.22 per cent annually compared to capacity (available seat kilometres) growth of 9.96 per cent, states the annual report for 2017/18 of the airline company.', 'content' => '<p>September 19: Qatar Airways’ overall revenue and other operating income grew 7.22 per cent annually compared to capacity (available seat kilometres) growth of 9.96 per cent, states the annual report for 2017/18 of the airline company.</p> <p>According to the airline company, the lower revenue growth was directly attributable to the illegal blockade of the Gulf state by its neighbours since June 5, 2017, which impacted departing seats by 19 per cent.</p> <p>The airlines company said in a statement that its cargo revenue witnessed very impressive growth of 34.40 per cent against cargo capacity (available tonne kilometres) growing 13.95 per cent annually.</p> <p>The airline company said it generated EBITDAR Margin of 23.0 per cent at QAR 9.714 billion. EBITDAR was lower than the previous year by QAR 1.759 billion due to longer flying time resulting from the illegal blockade and loss of departing seats from the blockading countries. </p> <p>“Replacing 18 mature routes, which were closed due to the illegal blockade, the airline opened 14 new destinations during the fiscal year (24 new destinations to date). New destinations come with launch costs and the necessity to establish market presence, which resulted in an overall net loss of QAR 252 million. With a positive operating cash inflow, the cash position of the Group remained strong at QAR 13.312 billion,” the statement said.</p> ', 'published' => true, 'created' => '2018-09-19', 'modified' => '2018-09-19', 'keywords' => '', 'description' => '', 'sortorder' => '8908', 'image' => '20180919032228_qatar.jpg', 'article_date' => '2018-09-19 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '20' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Currency | Unit |
Buy | Sell |
U.S. Dollar | 1 | 121.23 | 121.83 |
European Euro | 1 | 131.65 | 132.31 |
UK Pound Sterling | 1 | 142.47 | 143.18 |
Swiss Franc | 1 | 124.29 | 124.90 |
Australian Dollar | 1 | 71.69 | 72.05 |
Canadian Dollar | 1 | 83.90 | 84.32 |
Japanese Yen | 10 | 10.94 | 11.00 |
Chinese Yuan | 1 | 17.17 | 17.26 |
Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
UAE Dirham | 1 | 33.01 | 33.17 |
Malaysian Ringgit | 1 | 27.36 | 27.50 |
South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
Fine Gold | 1 tola | 77000.00 |
Tejabi Gold | 1 tola | 76700.00 |
Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
Petrol | 1 Liter | 106.00 |
Diesel | 1 Liter | 95.00 |
Kerosene | 1 Liter | 95.00 |
LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25