
August 27: Jagdamba Motors, the authorized sole distributor of TVS brand in Nepal, organized a grand musical concert “BEATS” at Bhrikuti Mandap Kathmandu to announce the launch of its another flagship product, Apache RTR 160…
August 27: Jagdamba Motors, the authorized sole distributor of TVS brand in Nepal, organized a grand musical concert “BEATS” at Bhrikuti Mandap Kathmandu to announce the launch of its another flagship product, Apache RTR 160…
August 26: Amnesty International Nepal has expressed its deep concerns regarding the news of the death of a fourteen-year-old Sunny Khuna who received a live bullet fired by the police in Kanchanpur against the crowd protesting for justice to a victim of rape and…
August 26: Prabhu Bank has joined the connectIPS e-Payment System from Friday, August 24, to facilitate its customers to initiate online payment.…
August 26: Foreign Minister Pradeep Kumar Gyawali has admitted that though it’s been 20 years since the establishment of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), the regional body has not been able to work as expected.…
August 26: Kailash Bikas Bank has opened a new branch at Thamel,…
August 26: Civil Bank has lent its support to Child Development Society under its corporate social responsibility.…
August 26: Samsung recently launched its flagship brand Galaxy Note9 in…
August 26: MetLife Inc, a global financial service company, has appointed Kishore Ponnavolu as the president of the company’s Asia region effective from September 1.…
August 24: The House of Representatives has unanimously endorsed the Montreal Treaty signed by the government paving way for a significant increase in insurance amount for passengers of international flights.…
August 26: Smart Cell has rebranded itself as ‘Smart’…
August 26: Government offices will now have to mandatorily use social networking sites like Facebook, Twitter and Viber as per the social network procedure enforced by the government.…
August 24: Shangri-la Development Bank has appointed Suyog Shrestha as its chief executive…
August 24: Siddhartha Bank has opened two new branches as part of its plan to extend its services across the…
August 24: American actor and businessman George Clooney has been listed as the highest earning actor of the world.…
August 24: The number of debtors in the blacklist of banks and financial institutions (BFIs) is on the rise in the last few years.…
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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' => '8962', 'article_category_id' => '1', 'title' => 'TVS Launches Apache RTR 160 4V in Nepal', 'sub_title' => '', 'summary' => 'August 27: Jagdamba Motors, the authorized sole distributor of TVS brand in Nepal, organized a grand musical concert “BEATS” at Bhrikuti Mandap Kathmandu to announce the launch of its another flagship product, Apache RTR 160 4V.', 'content' => '<p>August 27: Jagdamba Motors, the authorized sole distributor of TVS brand in Nepal, organized a grand musical concert “BEATS” at Bhrikuti Mandap Kathmandu to announce the launch of its another flagship product, Apache RTR 160 4V.</p> <p>TVS said it has started the distribution of the product in all showrooms nationwide.</p> <p>Speaking at the launch of the new TVS Apache RTR 160 4V, Shahil Agrawal, managing director of Jagdamba Motors, said, “In over 10 years of its existence, the TVS Apache RTR series has created phenomenal customer delight. The new TVS Apache RTR 160 4V is an exciting addition to the TVS Apache RTR series. It is the most powerful 160cc motorcycle in Nepal and embodies the latest racing technology with best-in-class performance. We are confident that the TVS Apache RTR 160 4V will set a precedence with its superior performance and dynamic racing look.”</p> <p>“The TVS Apache RTR 160 4V is available in the Carburetor variant. The motorcycle gets a 159.7 cc, single-cylinder, 4-stroke, 4-valve, oil-cooled engine that churns out 16.5 PS @8000 rpm and 14.8 Nm @ 6500 rpm. The engine is mated to a 5-speed super-slick gear box that offers a precise and powerful riding experience,” the company said in a statement. </p> <p>According to the company, TVS Apache RTR 160 4V delivers a top speed of 113 kmph. Complete with best-in-class power-to-weight ratio, the motorcycle does an astounding 0-60 kmph in 4.73 seconds, the statement further said.</p> <p>TVS Apache RTR 160 4V comes with the double-cradle split synchro stiff frame design, which gives excellent high-speed stability and best-in-class handling on/off- track. The company claimed that the mono-shock suspension, engineered and precision-tuned by inputs from TVS racing riders, contributes to the razor-sharp handling and agility through the corners. Giving due importance to safety, the TVS Apache RTR 160 4V comes in disc and drum variants.</p> <p>“The forward biased stance with tight proportions is complemented by the aggressive headlamp, chiseled body and a sleek, sharp tail,” the statement further said. </p> <p>The bike is priced at Rs 279,900 initially for the first 500 consumers. The TVS Apache RTR 160 4V series is available in three colors -- racing red, metallic blue and knight black.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-27', 'modified' => '2018-08-27', 'keywords' => '', 'description' => '', 'sortorder' => '8741', 'image' => '20180827010403_IMG_5432.jpg', 'article_date' => '2018-08-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '8961', 'article_category_id' => '1', 'title' => 'Use of Force Resulting into Death of a Minor in Kanchanpur Deeply Disturbing:AI', 'sub_title' => '', 'summary' => 'August 26: Amnesty International Nepal has expressed its deep concerns regarding the news of the death of a fourteen-year-old Sunny Khuna who received a live bullet fired by the police in Kanchanpur against the crowd protesting for justice to a victim of rape and murder.', 'content' => '<p>August 26: Amnesty International Nepal has expressed its deep concerns regarding the news of the death of a fourteen-year-old Sunny Khuna who received a live bullet fired by the police in Kanchanpur against the crowd protesting for justice to a victim of rape and murder.</p> <p>Nirmala Panta, a thirteen-year-old girl of Bhimdutta Municipality was found murdered after rape on July 26, and the locals were in a protest demanding that the culprit behind the heinous crime be identified, tried and brought to justice. </p> <p>Following intense public pressure, police had arrested one Dilip Singh Bista on August 20 for his alleged involvement in the crime. The locals, however, had continued their protest alleging that Bista was framed by the police and falsely charged for the crime.</p> <p>The law and order situation in Kanchanpur deteriorated after locals of Kanchanpur came out on the street demanding arrest of the real culprit on August 23 when police reportedly fired "hundreds" of rounds of tear gas shells and several rounds of aerial shots to contain the crowd. The local administration had later imposed the night time curfew.</p> <p>“Amnesty International Nepal is deeply troubled by the deteriorating law and order situation in Kanchanpur and urges the local administration to exercise maximum possible restraint while enforcing laws to calm the situation. We also urge the protestors to respect the rule of law and resort to peaceful means of protests,” the watchdog said in a statement.</p> <p>"The incident resulting in the death of Sunny Khuna and injuries of twenty four others on August 24 due to the police firing is deeply disturbing," said Nirajan Thapaliya, director of Amnesty International Nepal.</p> <p>"We urge the authorities and law-enforcement officials in Nepal to only resort to a legitimate use of force, and always adhere to the <em>UN Basic Principles on the Use of Force and Firearms</em> which requires officials to apply non-violent means before resorting to the use of force and firearms. The <em>Basic Principles</em> allows the use of force and firearms only if other means remain ineffective or without any promise of achieving the intended result."</p> <p>Amnesty International also urge the authorities to carry out independent and impartial inquiry into the event leading to the violence on August 24, and to provide prompt and effective redress and justice to the victims and their families. </p> <p> </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8740', 'image' => null, 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '8960', 'article_category_id' => '1', 'title' => 'Prabhu Bank joins connectIPS e-Payment System', 'sub_title' => '', 'summary' => 'August 26: Prabhu Bank has joined the connectIPS e-Payment System from Friday, August 24, to facilitate its customers to initiate online payment. ', 'content' => '<p>August 26: Prabhu Bank has joined the <em>connect</em>IPS e-Payment System from Friday, August 24, to facilitate its customers to initiate online payment. With this, the customers of Prabhu Bank will be able to make online payment of up to Rs 100,000 per transaction through the <em>connect</em>IPS system, according to Nepal Clearing House Limited (NCHL) which introduced the online payment system.</p> <p>“The banks’ customers can enroll and link their bank account(s) with one-time verification from their respective banks, after which they can use the payment services including fund transfer, online payment and bill payment. All such transactions are processed directly from the bank accounts and do not require any intermediary,” reads a statement issued by NCHL.</p> <p>According to NCHL,<em> connect</em>IPS e-Payment System has already been subscribed by 35 banks and financial institutions among which 28 are already in operation.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8739', 'image' => '20180826051043_prabhu.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '8959', 'article_category_id' => '1', 'title' => 'BIMSTEC has not been able to work as expected: FM Gyawali', 'sub_title' => '', 'summary' => 'August 26: Foreign Minister Pradeep Kumar Gyawali has admitted that though it’s been 20 years since the establishment of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), the regional body has not been able to work as expected. ', 'content' => '<p>August 26: Foreign Minister Pradeep Kumar Gyawali has admitted that though it’s been 20 years since the establishment of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), the regional body has not been able to work as expected. Deliberating on the realities and future priorities for the Bay of Bengal region in a talk programme entitled BIMSTEC: Connecting South and Southeast Asia, Gyawali stressed on the need for sustainable development of various sectors including trade and transit, digital networking, infrastructure and free trade.</p> <p>Gyawali reminded that the fourth BIMSTEC Summit is being organised next week with the theme ‘Towards a Peaceful, Prosperous and Sustainable Bay of Bengal Region’.</p> <p>“Nearly one-fourth of the world’s population lives in this region. The size of the economy of this region is over 3 trillion and is growing annually at 6.5 percent. This is an evidence of the vast opportunities BIMSTEC possesses for greater regional cooperation and collaboration,” says Gyawali.</p> <p>Gywali mentioned that the BIMSTEC member states have to tackle the old and new problems through regional cooperation. He said that poverty, inequality, unemployment and disease are some of the old problems while climate change, terrorism and transnational organised crimes are the new challenges.</p> <p>“These challenges cannot effectively be addressed through isolated domestic intervention alone. Therefore, we must find collective and coordinated response to our challenges and problems,” he said.</p> <p>BIMSTEC is organised with a vision to bridge the gap between South and Southeast Asia. At present, South Asia has 1.7 billion population with USD 3.3 trillion GDP while Southeast Asia has a population of 642 million with a total GDP of USD 2.76 trillion.</p> <p>According to Gyawali, this summit will prioritize 16 working sectors. Till now, BIMSTEC has been working in various sectors including trade and investment, technology, energy, transportation and communication, tourism, fishery, cultural cooperatives, environment and disaster management, public health, poverty alleviation, terrorism and international crime and climate change.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8738', 'image' => null, 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '8958', 'article_category_id' => '1', 'title' => 'Thamel Branch of Kailash Bikash Bank', 'sub_title' => '', 'summary' => 'August 26: Kailash Bikas Bank has opened a new branch at Thamel, Kathmandu.', 'content' => '<p>August 26: Kailash Bikas Bank has opened a new branch at Thamel, Kathmandu. The bank said it opened the branch on Friday, August 24 with an aim to extend its banking service at all local levels.</p> <p>Shiva Raj Shrestha, deputy governor of Nepal Rastra Bank, inaugurated the branch amid a recent function. It is the 63rd branch of the bank. According to the bank, the newly opened branch will benefit the locals and entrepreneurs of the area.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8737', 'image' => '20180826044051_kailash.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '8957', 'article_category_id' => '1', 'title' => 'Civil Bank Provides Financial Support to Child Development Society', 'sub_title' => '', 'summary' => 'August 26: Civil Bank has lent its support to Child Development Society under its corporate social responsibility. ', 'content' => '<p>August 26: Civil Bank has lent its support to Child Development Society under its corporate social responsibility. The bank provided Rs 200,000 to the organisation amid a recent function. </p> <p>The bank’s Chief Business Officer Sujit Kumar Shakya handed over the cheque to the chairman of Child Development Society Subash Gautam and Surendra Dhakal, treasurer of the organisation.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8736', 'image' => '20180826043932_civil bank.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '8956', 'article_category_id' => '1', 'title' => 'Samsung Galaxy Note9 Debuts in South West Asia Region', 'sub_title' => '', 'summary' => 'August 26: Samsung recently launched its flagship brand Galaxy Note9 in India.', 'content' => '<p>August 26: Samsung recently launched its flagship brand Galaxy Note9 in India. Issuing a press statement, the company said that the Note9 was launched amid a function on August 22.</p> <p>The Galaxy Note series is recognized for introducing Samsung’s latest ground-breaking innovations. The all-new Galaxy Note9 builds on this legacy of a premium smartphone that delivers the ultimate in performance with a new S Pen with remote control to easily drive presentation and take selfies, Samsung’s most intelligent camera yet, and an all-new PC-like experience with Samsung DeX and an HDMI cable.</p> <p>"I am very pleased to present the Galaxy Note9 on behalf of the 70,000 Samsung employees South West Asian region. Since Samsung entered the region in 1995, we have grown together with India and we are now the most beloved mobile brand,” said DJ Koh, Global President and CEO of IT & Mobile Communications Division, Samsung Electronics. “Note fans are Samsung’s most loyal; we know they want it all to get the most out of work and play, and Galaxy Note9 is the only phone that can keep up with their busy lives,” he added.</p> <p> The company said that Galaxy Note9’s 4,000mAh battery is the largest ever on a flagship Galaxy phone for long-lasting power. Galaxy Note9 is available in 128GB variant in Nepal with the ability to insert a microSD card upto 512GB.</p> <p>The smartphone is run by a cutting-edge 10nm processor which supports the fastest network speeds available in the market (up to 1.2 gigabits per second) to stream and download without slowing down. The company claimed that Galaxy Note9 also includes an industry-leading and Samsung-developed ‘water carbon cooling system’ and on-device AI-based performance adjusting algorithm to deliver powerful and stable performance.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8735', 'image' => '20180826115233_SM_N960F_GalaxyNote9_Front_Pen_Copper.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '8955', 'article_category_id' => '1', 'title' => 'MetLife Names New Leaders For Asia', 'sub_title' => '', 'summary' => 'August 26: MetLife Inc, a global financial service company, has appointed Kishore Ponnavolu as the president of the company’s Asia region effective from September 1. ', 'content' => '<p>August 26: MetLife Inc, a global financial service company, has appointed Kishore Ponnavolu as the president of the company’s Asia region effective from September 1. The company made the announcement in a statement on August 24 and added that he will be based in Hong Kong.</p> <p>In addition, MetLife announced that Rebecca Tadikonda has been named head of Strategic Growth Markets, Asia, also effective from September 1.</p> <p>According to the company, Ponnavolu will directly oversee Japan, Korea, Australia and LumenLab, MetLife Asia’s innovation hub. The markets for which Tadikonda will have responsibility are Bangladesh, China, Hong Kong, India, Malaysia, Nepal and Vietnam.</p> <p>Ponnavolu is currently head of MetLife’s Auto and Home Business in the United States, and Tadikonda is MetLife’s chief strategy officer.</p> <p>“Kishore has a proven track record of transformational leadership that engages customers, motivates employees, and drives profitable growth,” the statement quoted president and CEO of the company, Steven A Kandarian, as saying.</p> <p>“These highly transferable skills make him the right leader for our large and growing Asia business, and I have every confidence that he will take it to even higher levels of success,” he added.</p> <p>Within Auto and Home, Senior Vice President of Product Management Mick Noland and Vice President of Claims Darla Finchum will serve as interim co-heads of the business while MetLife conducts a search for Ponnavolu’s replacement.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8734', 'image' => '20180826044245_metlife.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '8954', 'article_category_id' => '1', 'title' => 'House Endorses Montreal Treaty, Increasing Insurance Amount for Air Passengers', 'sub_title' => '', 'summary' => 'August 24: The House of Representatives has unanimously endorsed the Montreal Treaty signed by the government paving way for a significant increase in insurance amount for passengers of international flights. ', 'content' => '<p>August 24: The House of Representatives has unanimously endorsed the Montreal Treaty signed by the government paving way for a significant increase in insurance amount for passengers of international flights. The proposal which had been stalled at the parliament since the past few years was approved on Thursday, August 23.</p> <p>The insurance amount liable to passengers in case of accident or death was Rs 2 million before the approval of the treaty but now it has increased to Rs 12.4 million. </p> <p>The treaty was approved by the House meeting to bring uniformity in the International Air Transport Policy.</p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8733', 'image' => null, 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '8953', 'article_category_id' => '1', 'title' => 'Smart Cell rebranded as ‘Smart’ telecom', 'sub_title' => '', 'summary' => 'August 26: Smart Cell has rebranded itself as ‘Smart’ telecom.', 'content' => '<p>August 26: Smart Cell has rebranded itself as ‘Smart’ telecom. The company made such announcement during a new brand campaign launched on Friday, August 24, to reflect the company’s evolution into an all-encompassing, global telecom business.</p> <p>According to the company, the rebranding includes a redesign of the company’s logo, slogan, graphics and communications.</p> <p>“Thinking about the limitations that we had with our naming, we decided to rebrand Smart Cell into Smart. The cell part in the Smart Cell, 4G in the design elements restricted us to a certain boundary,” Smart telecom said in a statement.</p> <p>“The rebranding came at a time when we launched our new products and services. We wanted our portfolio to be supported by a new brand position. It was a good timing for us to launch both our new positioning and our products as they complemented each other,” the statement added.</p> <p>Smart telecom has brought a new campaign with its rebranding. On purchase of a SIM card at Rs 99, customers will get a balance of Rs 50, with additional benefits of 200MB data, 10 mins of talk time and 10 SMS free. The benefits of data, voice pack, SMS are all included on the purchase of every recharge card as well. Customers can get more information by dialing *141# or by visiting the company’s website at <a href="http://www.smarttel.com.np/">www.smarttel.com.np</a>.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8732', 'image' => '20180826111240_smart logo.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '8952', 'article_category_id' => '1', 'title' => 'Facebook, Twitter, Viber mandatory at governmental offices', 'sub_title' => '', 'summary' => 'August 26: Government offices will now have to mandatorily use social networking sites like Facebook, Twitter and Viber as per the social network procedure enforced by the government. ', 'content' => '<p>August 26: Government offices will now have to mandatorily use social networking sites like Facebook, Twitter and Viber as per the social network procedure enforced by the government. The government move is aimed at interacting with the service seekers to address their concerns promptly with the use of social media.</p> <p>According to the social networking working procedure 2075, the entire government offices across the country will have to mandatorily operate social networking from now onwards.</p> <p>The Office of the Prime Minister and Council of Ministers informed that the decision is aimed at directly connecting the government authorities with the public, for circulating the government notice immediately and to address the complains of the public. </p> <p>The working procedure also allows the government to open its own social networking site for effective interaction with the public. </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8731', 'image' => '20180826105616_download.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '8951', 'article_category_id' => '1', 'title' => 'Shrestha appointed CEO of Shangri-la Development Bank', 'sub_title' => '', 'summary' => 'August 24: Shangri-la Development Bank has appointed Suyog Shrestha as its chief executive officer.', 'content' => '<p>August 24: Shangri-la Development Bank has appointed Suyog Shrestha as its chief executive officer. A meeting of the board of directors of the bank on August 24 decided to appoint Shrestha to the post.</p> <p>Forty-six years old Shrestha from Chainpur of Sankhwasabha was the CEO of Ace Development Bank before his appointment as CEO of Shangri-la Development Bank, according to a statement issued by the bank.</p> <p>Shrestha completed his bachelor’s degree in management from Tribhuvan University and then earned a chartered accountant’s degree from the Institute of Chartered Accountants of India, New Delhi.</p> <p>Shrestha, who started his banking career from Himalayan Bank in 2000 as a junior officer later got the responsibility of the bank’s internal audit department chief. He assumed a managerial role after being appointed as deputy manager of Nepal Investment Bank in 2005. He then was appointed as senior manager of Vibor Development Bank in 2009 and deputy general manager of Ace Development Bank after that.</p> <p>Subsequently, the assumed the responsibilities of acting CEO and then CEO of the bank.</p> ', 'published' => true, 'created' => '2018-08-24', 'modified' => '2018-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '8730', 'image' => '20180824050505_Shangrila CEO appointed photo.jpg', 'article_date' => '2018-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '8950', 'article_category_id' => '1', 'title' => 'Siddhartha Bank Adds Two More Branches to its Network', 'sub_title' => '', 'summary' => 'August 24: Siddhartha Bank has opened two new branches as part of its plan to extend its services across the nation.', 'content' => '<p>August 24: Siddhartha Bank has opened two new branches as part of its plan to extend its services across the nation.</p> <p>The bank said in a statement that it opened one branch each at Chabahil of Kathmandu and Parsa of Chitwan amid separate functions recently.</p> <p>The bank said that it opened the branches with an objective of providing all kinds of modern banking services to its customers residing in those areas.</p> <p> With the operation of the new branches, the bank now has been providing its services through 123 branches, three extension counters, 99 branchless banking facilities and 126 ATMs across the country.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-24', 'modified' => '2018-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '8729', 'image' => '20180824045034_Siddhartha Bank.jpg', 'article_date' => '2018-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '8949', 'article_category_id' => '1', 'title' => 'George Clooney tops the chart of highest earning actors', 'sub_title' => '', 'summary' => 'August 24: American actor and businessman George Clooney has been listed as the highest earning actor of the world. ', 'content' => '<p>August 24: American actor and businessman George Clooney has been listed as the highest earning actor of the world. According to a report published by Forbes Magazine, Clooney made a fortune of USD 239 million in 2017-18.</p> <p>During the period, Clooney didn’t feature in any movie and had made his entire earnings by selling the stock shares of Casamigos, a Tequila brand.</p> <p>Dwayne Jonson who earned twice the income (USD 119 million) of last year is listed second to Clooney. </p> <p>Likewise, Scarlet Jonson, the Black Widow actress, has been ranked first in the female category and 7<sup>th</sup> in the overall ranking. She made a total earning of USD 45 million during the period. Emma Stones had topped the list of highest earning actress last year.</p> <p>The total income of the top ten earning actors combined was USD 748 million last year where the highest individual income was USD 186 million.</p> <p>Bollywood actors Akshya Kumar and Salman Khan have been ranked 7<sup>th</sup> and 10<sup>th</sup> respectively in the male category with an income of USD 45 million and 33 million.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-08-24', 'modified' => '2018-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '8728', 'image' => '20180824035745_aaa.jpg', 'article_date' => '2018-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '8947', 'article_category_id' => '1', 'title' => 'Blacklisted Debtors on the Rise: NRB', 'sub_title' => '', 'summary' => 'August 24: The number of debtors in the blacklist of banks and financial institutions (BFIs) is on the rise in the last few years. ', 'content' => '<p>August 24: The number of debtors in the blacklist of banks and financial institutions (BFIs) is on the rise in the last few years. As per the data published by Nepal Rastra Bank (NRB), the number of debtors not clearing their dues in the Fiscal Year 2017/18 was 6241. According to the central bank, this is the highest in the last five years. In total, there are 24,142 debtors blacklisted by BFIs so far.</p> <p>The list was prepared by the debtors’ information center of the central bank upon the request of BFIs. The number of debtors in the blacklist in FY 2016/17 was 5247 while it was 4200 in the preceding year and 3600 in FY 2014/15.</p> <p>After finding that the number of bad debtors has been increasing every year, the central bank has asked the BFIs to give proper attention while giving loan. The debtors who have not been paying back their dues or whose due date has expired or those who are at large are blacklisted by the central bank upon the request of BFIs. Those in the blacklist are ineligible to get loan from any BFI.</p> ', 'published' => true, 'created' => '2018-08-24', 'modified' => '2018-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '8727', 'image' => null, 'article_date' => '2018-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $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' => '8962', 'article_category_id' => '1', 'title' => 'TVS Launches Apache RTR 160 4V in Nepal', 'sub_title' => '', 'summary' => 'August 27: Jagdamba Motors, the authorized sole distributor of TVS brand in Nepal, organized a grand musical concert “BEATS” at Bhrikuti Mandap Kathmandu to announce the launch of its another flagship product, Apache RTR 160 4V.', 'content' => '<p>August 27: Jagdamba Motors, the authorized sole distributor of TVS brand in Nepal, organized a grand musical concert “BEATS” at Bhrikuti Mandap Kathmandu to announce the launch of its another flagship product, Apache RTR 160 4V.</p> <p>TVS said it has started the distribution of the product in all showrooms nationwide.</p> <p>Speaking at the launch of the new TVS Apache RTR 160 4V, Shahil Agrawal, managing director of Jagdamba Motors, said, “In over 10 years of its existence, the TVS Apache RTR series has created phenomenal customer delight. The new TVS Apache RTR 160 4V is an exciting addition to the TVS Apache RTR series. It is the most powerful 160cc motorcycle in Nepal and embodies the latest racing technology with best-in-class performance. We are confident that the TVS Apache RTR 160 4V will set a precedence with its superior performance and dynamic racing look.”</p> <p>“The TVS Apache RTR 160 4V is available in the Carburetor variant. The motorcycle gets a 159.7 cc, single-cylinder, 4-stroke, 4-valve, oil-cooled engine that churns out 16.5 PS @8000 rpm and 14.8 Nm @ 6500 rpm. The engine is mated to a 5-speed super-slick gear box that offers a precise and powerful riding experience,” the company said in a statement. </p> <p>According to the company, TVS Apache RTR 160 4V delivers a top speed of 113 kmph. Complete with best-in-class power-to-weight ratio, the motorcycle does an astounding 0-60 kmph in 4.73 seconds, the statement further said.</p> <p>TVS Apache RTR 160 4V comes with the double-cradle split synchro stiff frame design, which gives excellent high-speed stability and best-in-class handling on/off- track. The company claimed that the mono-shock suspension, engineered and precision-tuned by inputs from TVS racing riders, contributes to the razor-sharp handling and agility through the corners. Giving due importance to safety, the TVS Apache RTR 160 4V comes in disc and drum variants.</p> <p>“The forward biased stance with tight proportions is complemented by the aggressive headlamp, chiseled body and a sleek, sharp tail,” the statement further said. </p> <p>The bike is priced at Rs 279,900 initially for the first 500 consumers. The TVS Apache RTR 160 4V series is available in three colors -- racing red, metallic blue and knight black.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-27', 'modified' => '2018-08-27', 'keywords' => '', 'description' => '', 'sortorder' => '8741', 'image' => '20180827010403_IMG_5432.jpg', 'article_date' => '2018-08-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '8961', 'article_category_id' => '1', 'title' => 'Use of Force Resulting into Death of a Minor in Kanchanpur Deeply Disturbing:AI', 'sub_title' => '', 'summary' => 'August 26: Amnesty International Nepal has expressed its deep concerns regarding the news of the death of a fourteen-year-old Sunny Khuna who received a live bullet fired by the police in Kanchanpur against the crowd protesting for justice to a victim of rape and murder.', 'content' => '<p>August 26: Amnesty International Nepal has expressed its deep concerns regarding the news of the death of a fourteen-year-old Sunny Khuna who received a live bullet fired by the police in Kanchanpur against the crowd protesting for justice to a victim of rape and murder.</p> <p>Nirmala Panta, a thirteen-year-old girl of Bhimdutta Municipality was found murdered after rape on July 26, and the locals were in a protest demanding that the culprit behind the heinous crime be identified, tried and brought to justice. </p> <p>Following intense public pressure, police had arrested one Dilip Singh Bista on August 20 for his alleged involvement in the crime. The locals, however, had continued their protest alleging that Bista was framed by the police and falsely charged for the crime.</p> <p>The law and order situation in Kanchanpur deteriorated after locals of Kanchanpur came out on the street demanding arrest of the real culprit on August 23 when police reportedly fired "hundreds" of rounds of tear gas shells and several rounds of aerial shots to contain the crowd. The local administration had later imposed the night time curfew.</p> <p>“Amnesty International Nepal is deeply troubled by the deteriorating law and order situation in Kanchanpur and urges the local administration to exercise maximum possible restraint while enforcing laws to calm the situation. We also urge the protestors to respect the rule of law and resort to peaceful means of protests,” the watchdog said in a statement.</p> <p>"The incident resulting in the death of Sunny Khuna and injuries of twenty four others on August 24 due to the police firing is deeply disturbing," said Nirajan Thapaliya, director of Amnesty International Nepal.</p> <p>"We urge the authorities and law-enforcement officials in Nepal to only resort to a legitimate use of force, and always adhere to the <em>UN Basic Principles on the Use of Force and Firearms</em> which requires officials to apply non-violent means before resorting to the use of force and firearms. The <em>Basic Principles</em> allows the use of force and firearms only if other means remain ineffective or without any promise of achieving the intended result."</p> <p>Amnesty International also urge the authorities to carry out independent and impartial inquiry into the event leading to the violence on August 24, and to provide prompt and effective redress and justice to the victims and their families. </p> <p> </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8740', 'image' => null, 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '8960', 'article_category_id' => '1', 'title' => 'Prabhu Bank joins connectIPS e-Payment System', 'sub_title' => '', 'summary' => 'August 26: Prabhu Bank has joined the connectIPS e-Payment System from Friday, August 24, to facilitate its customers to initiate online payment. ', 'content' => '<p>August 26: Prabhu Bank has joined the <em>connect</em>IPS e-Payment System from Friday, August 24, to facilitate its customers to initiate online payment. With this, the customers of Prabhu Bank will be able to make online payment of up to Rs 100,000 per transaction through the <em>connect</em>IPS system, according to Nepal Clearing House Limited (NCHL) which introduced the online payment system.</p> <p>“The banks’ customers can enroll and link their bank account(s) with one-time verification from their respective banks, after which they can use the payment services including fund transfer, online payment and bill payment. All such transactions are processed directly from the bank accounts and do not require any intermediary,” reads a statement issued by NCHL.</p> <p>According to NCHL,<em> connect</em>IPS e-Payment System has already been subscribed by 35 banks and financial institutions among which 28 are already in operation.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8739', 'image' => '20180826051043_prabhu.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '8959', 'article_category_id' => '1', 'title' => 'BIMSTEC has not been able to work as expected: FM Gyawali', 'sub_title' => '', 'summary' => 'August 26: Foreign Minister Pradeep Kumar Gyawali has admitted that though it’s been 20 years since the establishment of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), the regional body has not been able to work as expected. ', 'content' => '<p>August 26: Foreign Minister Pradeep Kumar Gyawali has admitted that though it’s been 20 years since the establishment of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), the regional body has not been able to work as expected. Deliberating on the realities and future priorities for the Bay of Bengal region in a talk programme entitled BIMSTEC: Connecting South and Southeast Asia, Gyawali stressed on the need for sustainable development of various sectors including trade and transit, digital networking, infrastructure and free trade.</p> <p>Gyawali reminded that the fourth BIMSTEC Summit is being organised next week with the theme ‘Towards a Peaceful, Prosperous and Sustainable Bay of Bengal Region’.</p> <p>“Nearly one-fourth of the world’s population lives in this region. The size of the economy of this region is over 3 trillion and is growing annually at 6.5 percent. This is an evidence of the vast opportunities BIMSTEC possesses for greater regional cooperation and collaboration,” says Gyawali.</p> <p>Gywali mentioned that the BIMSTEC member states have to tackle the old and new problems through regional cooperation. He said that poverty, inequality, unemployment and disease are some of the old problems while climate change, terrorism and transnational organised crimes are the new challenges.</p> <p>“These challenges cannot effectively be addressed through isolated domestic intervention alone. Therefore, we must find collective and coordinated response to our challenges and problems,” he said.</p> <p>BIMSTEC is organised with a vision to bridge the gap between South and Southeast Asia. At present, South Asia has 1.7 billion population with USD 3.3 trillion GDP while Southeast Asia has a population of 642 million with a total GDP of USD 2.76 trillion.</p> <p>According to Gyawali, this summit will prioritize 16 working sectors. Till now, BIMSTEC has been working in various sectors including trade and investment, technology, energy, transportation and communication, tourism, fishery, cultural cooperatives, environment and disaster management, public health, poverty alleviation, terrorism and international crime and climate change.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8738', 'image' => null, 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '8958', 'article_category_id' => '1', 'title' => 'Thamel Branch of Kailash Bikash Bank', 'sub_title' => '', 'summary' => 'August 26: Kailash Bikas Bank has opened a new branch at Thamel, Kathmandu.', 'content' => '<p>August 26: Kailash Bikas Bank has opened a new branch at Thamel, Kathmandu. The bank said it opened the branch on Friday, August 24 with an aim to extend its banking service at all local levels.</p> <p>Shiva Raj Shrestha, deputy governor of Nepal Rastra Bank, inaugurated the branch amid a recent function. It is the 63rd branch of the bank. According to the bank, the newly opened branch will benefit the locals and entrepreneurs of the area.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8737', 'image' => '20180826044051_kailash.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '8957', 'article_category_id' => '1', 'title' => 'Civil Bank Provides Financial Support to Child Development Society', 'sub_title' => '', 'summary' => 'August 26: Civil Bank has lent its support to Child Development Society under its corporate social responsibility. ', 'content' => '<p>August 26: Civil Bank has lent its support to Child Development Society under its corporate social responsibility. The bank provided Rs 200,000 to the organisation amid a recent function. </p> <p>The bank’s Chief Business Officer Sujit Kumar Shakya handed over the cheque to the chairman of Child Development Society Subash Gautam and Surendra Dhakal, treasurer of the organisation.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8736', 'image' => '20180826043932_civil bank.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '8956', 'article_category_id' => '1', 'title' => 'Samsung Galaxy Note9 Debuts in South West Asia Region', 'sub_title' => '', 'summary' => 'August 26: Samsung recently launched its flagship brand Galaxy Note9 in India.', 'content' => '<p>August 26: Samsung recently launched its flagship brand Galaxy Note9 in India. Issuing a press statement, the company said that the Note9 was launched amid a function on August 22.</p> <p>The Galaxy Note series is recognized for introducing Samsung’s latest ground-breaking innovations. The all-new Galaxy Note9 builds on this legacy of a premium smartphone that delivers the ultimate in performance with a new S Pen with remote control to easily drive presentation and take selfies, Samsung’s most intelligent camera yet, and an all-new PC-like experience with Samsung DeX and an HDMI cable.</p> <p>"I am very pleased to present the Galaxy Note9 on behalf of the 70,000 Samsung employees South West Asian region. Since Samsung entered the region in 1995, we have grown together with India and we are now the most beloved mobile brand,” said DJ Koh, Global President and CEO of IT & Mobile Communications Division, Samsung Electronics. “Note fans are Samsung’s most loyal; we know they want it all to get the most out of work and play, and Galaxy Note9 is the only phone that can keep up with their busy lives,” he added.</p> <p> The company said that Galaxy Note9’s 4,000mAh battery is the largest ever on a flagship Galaxy phone for long-lasting power. Galaxy Note9 is available in 128GB variant in Nepal with the ability to insert a microSD card upto 512GB.</p> <p>The smartphone is run by a cutting-edge 10nm processor which supports the fastest network speeds available in the market (up to 1.2 gigabits per second) to stream and download without slowing down. The company claimed that Galaxy Note9 also includes an industry-leading and Samsung-developed ‘water carbon cooling system’ and on-device AI-based performance adjusting algorithm to deliver powerful and stable performance.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8735', 'image' => '20180826115233_SM_N960F_GalaxyNote9_Front_Pen_Copper.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '8955', 'article_category_id' => '1', 'title' => 'MetLife Names New Leaders For Asia', 'sub_title' => '', 'summary' => 'August 26: MetLife Inc, a global financial service company, has appointed Kishore Ponnavolu as the president of the company’s Asia region effective from September 1. ', 'content' => '<p>August 26: MetLife Inc, a global financial service company, has appointed Kishore Ponnavolu as the president of the company’s Asia region effective from September 1. The company made the announcement in a statement on August 24 and added that he will be based in Hong Kong.</p> <p>In addition, MetLife announced that Rebecca Tadikonda has been named head of Strategic Growth Markets, Asia, also effective from September 1.</p> <p>According to the company, Ponnavolu will directly oversee Japan, Korea, Australia and LumenLab, MetLife Asia’s innovation hub. The markets for which Tadikonda will have responsibility are Bangladesh, China, Hong Kong, India, Malaysia, Nepal and Vietnam.</p> <p>Ponnavolu is currently head of MetLife’s Auto and Home Business in the United States, and Tadikonda is MetLife’s chief strategy officer.</p> <p>“Kishore has a proven track record of transformational leadership that engages customers, motivates employees, and drives profitable growth,” the statement quoted president and CEO of the company, Steven A Kandarian, as saying.</p> <p>“These highly transferable skills make him the right leader for our large and growing Asia business, and I have every confidence that he will take it to even higher levels of success,” he added.</p> <p>Within Auto and Home, Senior Vice President of Product Management Mick Noland and Vice President of Claims Darla Finchum will serve as interim co-heads of the business while MetLife conducts a search for Ponnavolu’s replacement.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8734', 'image' => '20180826044245_metlife.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '8954', 'article_category_id' => '1', 'title' => 'House Endorses Montreal Treaty, Increasing Insurance Amount for Air Passengers', 'sub_title' => '', 'summary' => 'August 24: The House of Representatives has unanimously endorsed the Montreal Treaty signed by the government paving way for a significant increase in insurance amount for passengers of international flights. ', 'content' => '<p>August 24: The House of Representatives has unanimously endorsed the Montreal Treaty signed by the government paving way for a significant increase in insurance amount for passengers of international flights. The proposal which had been stalled at the parliament since the past few years was approved on Thursday, August 23.</p> <p>The insurance amount liable to passengers in case of accident or death was Rs 2 million before the approval of the treaty but now it has increased to Rs 12.4 million. </p> <p>The treaty was approved by the House meeting to bring uniformity in the International Air Transport Policy.</p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8733', 'image' => null, 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '8953', 'article_category_id' => '1', 'title' => 'Smart Cell rebranded as ‘Smart’ telecom', 'sub_title' => '', 'summary' => 'August 26: Smart Cell has rebranded itself as ‘Smart’ telecom.', 'content' => '<p>August 26: Smart Cell has rebranded itself as ‘Smart’ telecom. The company made such announcement during a new brand campaign launched on Friday, August 24, to reflect the company’s evolution into an all-encompassing, global telecom business.</p> <p>According to the company, the rebranding includes a redesign of the company’s logo, slogan, graphics and communications.</p> <p>“Thinking about the limitations that we had with our naming, we decided to rebrand Smart Cell into Smart. The cell part in the Smart Cell, 4G in the design elements restricted us to a certain boundary,” Smart telecom said in a statement.</p> <p>“The rebranding came at a time when we launched our new products and services. We wanted our portfolio to be supported by a new brand position. It was a good timing for us to launch both our new positioning and our products as they complemented each other,” the statement added.</p> <p>Smart telecom has brought a new campaign with its rebranding. On purchase of a SIM card at Rs 99, customers will get a balance of Rs 50, with additional benefits of 200MB data, 10 mins of talk time and 10 SMS free. The benefits of data, voice pack, SMS are all included on the purchase of every recharge card as well. Customers can get more information by dialing *141# or by visiting the company’s website at <a href="http://www.smarttel.com.np/">www.smarttel.com.np</a>.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8732', 'image' => '20180826111240_smart logo.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '8952', 'article_category_id' => '1', 'title' => 'Facebook, Twitter, Viber mandatory at governmental offices', 'sub_title' => '', 'summary' => 'August 26: Government offices will now have to mandatorily use social networking sites like Facebook, Twitter and Viber as per the social network procedure enforced by the government. ', 'content' => '<p>August 26: Government offices will now have to mandatorily use social networking sites like Facebook, Twitter and Viber as per the social network procedure enforced by the government. The government move is aimed at interacting with the service seekers to address their concerns promptly with the use of social media.</p> <p>According to the social networking working procedure 2075, the entire government offices across the country will have to mandatorily operate social networking from now onwards.</p> <p>The Office of the Prime Minister and Council of Ministers informed that the decision is aimed at directly connecting the government authorities with the public, for circulating the government notice immediately and to address the complains of the public. </p> <p>The working procedure also allows the government to open its own social networking site for effective interaction with the public. </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8731', 'image' => '20180826105616_download.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '8951', 'article_category_id' => '1', 'title' => 'Shrestha appointed CEO of Shangri-la Development Bank', 'sub_title' => '', 'summary' => 'August 24: Shangri-la Development Bank has appointed Suyog Shrestha as its chief executive officer.', 'content' => '<p>August 24: Shangri-la Development Bank has appointed Suyog Shrestha as its chief executive officer. A meeting of the board of directors of the bank on August 24 decided to appoint Shrestha to the post.</p> <p>Forty-six years old Shrestha from Chainpur of Sankhwasabha was the CEO of Ace Development Bank before his appointment as CEO of Shangri-la Development Bank, according to a statement issued by the bank.</p> <p>Shrestha completed his bachelor’s degree in management from Tribhuvan University and then earned a chartered accountant’s degree from the Institute of Chartered Accountants of India, New Delhi.</p> <p>Shrestha, who started his banking career from Himalayan Bank in 2000 as a junior officer later got the responsibility of the bank’s internal audit department chief. He assumed a managerial role after being appointed as deputy manager of Nepal Investment Bank in 2005. He then was appointed as senior manager of Vibor Development Bank in 2009 and deputy general manager of Ace Development Bank after that.</p> <p>Subsequently, the assumed the responsibilities of acting CEO and then CEO of the bank.</p> ', 'published' => true, 'created' => '2018-08-24', 'modified' => '2018-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '8730', 'image' => '20180824050505_Shangrila CEO appointed photo.jpg', 'article_date' => '2018-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '8950', 'article_category_id' => '1', 'title' => 'Siddhartha Bank Adds Two More Branches to its Network', 'sub_title' => '', 'summary' => 'August 24: Siddhartha Bank has opened two new branches as part of its plan to extend its services across the nation.', 'content' => '<p>August 24: Siddhartha Bank has opened two new branches as part of its plan to extend its services across the nation.</p> <p>The bank said in a statement that it opened one branch each at Chabahil of Kathmandu and Parsa of Chitwan amid separate functions recently.</p> <p>The bank said that it opened the branches with an objective of providing all kinds of modern banking services to its customers residing in those areas.</p> <p> With the operation of the new branches, the bank now has been providing its services through 123 branches, three extension counters, 99 branchless banking facilities and 126 ATMs across the country.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-24', 'modified' => '2018-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '8729', 'image' => '20180824045034_Siddhartha Bank.jpg', 'article_date' => '2018-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '8949', 'article_category_id' => '1', 'title' => 'George Clooney tops the chart of highest earning actors', 'sub_title' => '', 'summary' => 'August 24: American actor and businessman George Clooney has been listed as the highest earning actor of the world. ', 'content' => '<p>August 24: American actor and businessman George Clooney has been listed as the highest earning actor of the world. According to a report published by Forbes Magazine, Clooney made a fortune of USD 239 million in 2017-18.</p> <p>During the period, Clooney didn’t feature in any movie and had made his entire earnings by selling the stock shares of Casamigos, a Tequila brand.</p> <p>Dwayne Jonson who earned twice the income (USD 119 million) of last year is listed second to Clooney. </p> <p>Likewise, Scarlet Jonson, the Black Widow actress, has been ranked first in the female category and 7<sup>th</sup> in the overall ranking. She made a total earning of USD 45 million during the period. Emma Stones had topped the list of highest earning actress last year.</p> <p>The total income of the top ten earning actors combined was USD 748 million last year where the highest individual income was USD 186 million.</p> <p>Bollywood actors Akshya Kumar and Salman Khan have been ranked 7<sup>th</sup> and 10<sup>th</sup> respectively in the male category with an income of USD 45 million and 33 million.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-08-24', 'modified' => '2018-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '8728', 'image' => '20180824035745_aaa.jpg', 'article_date' => '2018-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '8947', 'article_category_id' => '1', 'title' => 'Blacklisted Debtors on the Rise: NRB', 'sub_title' => '', 'summary' => 'August 24: The number of debtors in the blacklist of banks and financial institutions (BFIs) is on the rise in the last few years. ', 'content' => '<p>August 24: The number of debtors in the blacklist of banks and financial institutions (BFIs) is on the rise in the last few years. As per the data published by Nepal Rastra Bank (NRB), the number of debtors not clearing their dues in the Fiscal Year 2017/18 was 6241. According to the central bank, this is the highest in the last five years. In total, there are 24,142 debtors blacklisted by BFIs so far.</p> <p>The list was prepared by the debtors’ information center of the central bank upon the request of BFIs. The number of debtors in the blacklist in FY 2016/17 was 5247 while it was 4200 in the preceding year and 3600 in FY 2014/15.</p> <p>After finding that the number of bad debtors has been increasing every year, the central bank has asked the BFIs to give proper attention while giving loan. The debtors who have not been paying back their dues or whose due date has expired or those who are at large are blacklisted by the central bank upon the request of BFIs. Those in the blacklist are ineligible to get loan from any BFI.</p> ', 'published' => true, 'created' => '2018-08-24', 'modified' => '2018-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '8727', 'image' => null, 'article_date' => '2018-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $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' => '8962', 'article_category_id' => '1', 'title' => 'TVS Launches Apache RTR 160 4V in Nepal', 'sub_title' => '', 'summary' => 'August 27: Jagdamba Motors, the authorized sole distributor of TVS brand in Nepal, organized a grand musical concert “BEATS” at Bhrikuti Mandap Kathmandu to announce the launch of its another flagship product, Apache RTR 160 4V.', 'content' => '<p>August 27: Jagdamba Motors, the authorized sole distributor of TVS brand in Nepal, organized a grand musical concert “BEATS” at Bhrikuti Mandap Kathmandu to announce the launch of its another flagship product, Apache RTR 160 4V.</p> <p>TVS said it has started the distribution of the product in all showrooms nationwide.</p> <p>Speaking at the launch of the new TVS Apache RTR 160 4V, Shahil Agrawal, managing director of Jagdamba Motors, said, “In over 10 years of its existence, the TVS Apache RTR series has created phenomenal customer delight. The new TVS Apache RTR 160 4V is an exciting addition to the TVS Apache RTR series. It is the most powerful 160cc motorcycle in Nepal and embodies the latest racing technology with best-in-class performance. We are confident that the TVS Apache RTR 160 4V will set a precedence with its superior performance and dynamic racing look.”</p> <p>“The TVS Apache RTR 160 4V is available in the Carburetor variant. The motorcycle gets a 159.7 cc, single-cylinder, 4-stroke, 4-valve, oil-cooled engine that churns out 16.5 PS @8000 rpm and 14.8 Nm @ 6500 rpm. The engine is mated to a 5-speed super-slick gear box that offers a precise and powerful riding experience,” the company said in a statement. </p> <p>According to the company, TVS Apache RTR 160 4V delivers a top speed of 113 kmph. Complete with best-in-class power-to-weight ratio, the motorcycle does an astounding 0-60 kmph in 4.73 seconds, the statement further said.</p> <p>TVS Apache RTR 160 4V comes with the double-cradle split synchro stiff frame design, which gives excellent high-speed stability and best-in-class handling on/off- track. The company claimed that the mono-shock suspension, engineered and precision-tuned by inputs from TVS racing riders, contributes to the razor-sharp handling and agility through the corners. Giving due importance to safety, the TVS Apache RTR 160 4V comes in disc and drum variants.</p> <p>“The forward biased stance with tight proportions is complemented by the aggressive headlamp, chiseled body and a sleek, sharp tail,” the statement further said. </p> <p>The bike is priced at Rs 279,900 initially for the first 500 consumers. The TVS Apache RTR 160 4V series is available in three colors -- racing red, metallic blue and knight black.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-27', 'modified' => '2018-08-27', 'keywords' => '', 'description' => '', 'sortorder' => '8741', 'image' => '20180827010403_IMG_5432.jpg', 'article_date' => '2018-08-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '8961', 'article_category_id' => '1', 'title' => 'Use of Force Resulting into Death of a Minor in Kanchanpur Deeply Disturbing:AI', 'sub_title' => '', 'summary' => 'August 26: Amnesty International Nepal has expressed its deep concerns regarding the news of the death of a fourteen-year-old Sunny Khuna who received a live bullet fired by the police in Kanchanpur against the crowd protesting for justice to a victim of rape and murder.', 'content' => '<p>August 26: Amnesty International Nepal has expressed its deep concerns regarding the news of the death of a fourteen-year-old Sunny Khuna who received a live bullet fired by the police in Kanchanpur against the crowd protesting for justice to a victim of rape and murder.</p> <p>Nirmala Panta, a thirteen-year-old girl of Bhimdutta Municipality was found murdered after rape on July 26, and the locals were in a protest demanding that the culprit behind the heinous crime be identified, tried and brought to justice. </p> <p>Following intense public pressure, police had arrested one Dilip Singh Bista on August 20 for his alleged involvement in the crime. The locals, however, had continued their protest alleging that Bista was framed by the police and falsely charged for the crime.</p> <p>The law and order situation in Kanchanpur deteriorated after locals of Kanchanpur came out on the street demanding arrest of the real culprit on August 23 when police reportedly fired "hundreds" of rounds of tear gas shells and several rounds of aerial shots to contain the crowd. The local administration had later imposed the night time curfew.</p> <p>“Amnesty International Nepal is deeply troubled by the deteriorating law and order situation in Kanchanpur and urges the local administration to exercise maximum possible restraint while enforcing laws to calm the situation. We also urge the protestors to respect the rule of law and resort to peaceful means of protests,” the watchdog said in a statement.</p> <p>"The incident resulting in the death of Sunny Khuna and injuries of twenty four others on August 24 due to the police firing is deeply disturbing," said Nirajan Thapaliya, director of Amnesty International Nepal.</p> <p>"We urge the authorities and law-enforcement officials in Nepal to only resort to a legitimate use of force, and always adhere to the <em>UN Basic Principles on the Use of Force and Firearms</em> which requires officials to apply non-violent means before resorting to the use of force and firearms. The <em>Basic Principles</em> allows the use of force and firearms only if other means remain ineffective or without any promise of achieving the intended result."</p> <p>Amnesty International also urge the authorities to carry out independent and impartial inquiry into the event leading to the violence on August 24, and to provide prompt and effective redress and justice to the victims and their families. </p> <p> </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8740', 'image' => null, 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '8960', 'article_category_id' => '1', 'title' => 'Prabhu Bank joins connectIPS e-Payment System', 'sub_title' => '', 'summary' => 'August 26: Prabhu Bank has joined the connectIPS e-Payment System from Friday, August 24, to facilitate its customers to initiate online payment. ', 'content' => '<p>August 26: Prabhu Bank has joined the <em>connect</em>IPS e-Payment System from Friday, August 24, to facilitate its customers to initiate online payment. With this, the customers of Prabhu Bank will be able to make online payment of up to Rs 100,000 per transaction through the <em>connect</em>IPS system, according to Nepal Clearing House Limited (NCHL) which introduced the online payment system.</p> <p>“The banks’ customers can enroll and link their bank account(s) with one-time verification from their respective banks, after which they can use the payment services including fund transfer, online payment and bill payment. All such transactions are processed directly from the bank accounts and do not require any intermediary,” reads a statement issued by NCHL.</p> <p>According to NCHL,<em> connect</em>IPS e-Payment System has already been subscribed by 35 banks and financial institutions among which 28 are already in operation.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8739', 'image' => '20180826051043_prabhu.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '8959', 'article_category_id' => '1', 'title' => 'BIMSTEC has not been able to work as expected: FM Gyawali', 'sub_title' => '', 'summary' => 'August 26: Foreign Minister Pradeep Kumar Gyawali has admitted that though it’s been 20 years since the establishment of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), the regional body has not been able to work as expected. ', 'content' => '<p>August 26: Foreign Minister Pradeep Kumar Gyawali has admitted that though it’s been 20 years since the establishment of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), the regional body has not been able to work as expected. Deliberating on the realities and future priorities for the Bay of Bengal region in a talk programme entitled BIMSTEC: Connecting South and Southeast Asia, Gyawali stressed on the need for sustainable development of various sectors including trade and transit, digital networking, infrastructure and free trade.</p> <p>Gyawali reminded that the fourth BIMSTEC Summit is being organised next week with the theme ‘Towards a Peaceful, Prosperous and Sustainable Bay of Bengal Region’.</p> <p>“Nearly one-fourth of the world’s population lives in this region. The size of the economy of this region is over 3 trillion and is growing annually at 6.5 percent. This is an evidence of the vast opportunities BIMSTEC possesses for greater regional cooperation and collaboration,” says Gyawali.</p> <p>Gywali mentioned that the BIMSTEC member states have to tackle the old and new problems through regional cooperation. He said that poverty, inequality, unemployment and disease are some of the old problems while climate change, terrorism and transnational organised crimes are the new challenges.</p> <p>“These challenges cannot effectively be addressed through isolated domestic intervention alone. Therefore, we must find collective and coordinated response to our challenges and problems,” he said.</p> <p>BIMSTEC is organised with a vision to bridge the gap between South and Southeast Asia. At present, South Asia has 1.7 billion population with USD 3.3 trillion GDP while Southeast Asia has a population of 642 million with a total GDP of USD 2.76 trillion.</p> <p>According to Gyawali, this summit will prioritize 16 working sectors. Till now, BIMSTEC has been working in various sectors including trade and investment, technology, energy, transportation and communication, tourism, fishery, cultural cooperatives, environment and disaster management, public health, poverty alleviation, terrorism and international crime and climate change.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8738', 'image' => null, 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '8958', 'article_category_id' => '1', 'title' => 'Thamel Branch of Kailash Bikash Bank', 'sub_title' => '', 'summary' => 'August 26: Kailash Bikas Bank has opened a new branch at Thamel, Kathmandu.', 'content' => '<p>August 26: Kailash Bikas Bank has opened a new branch at Thamel, Kathmandu. The bank said it opened the branch on Friday, August 24 with an aim to extend its banking service at all local levels.</p> <p>Shiva Raj Shrestha, deputy governor of Nepal Rastra Bank, inaugurated the branch amid a recent function. It is the 63rd branch of the bank. According to the bank, the newly opened branch will benefit the locals and entrepreneurs of the area.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8737', 'image' => '20180826044051_kailash.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '8957', 'article_category_id' => '1', 'title' => 'Civil Bank Provides Financial Support to Child Development Society', 'sub_title' => '', 'summary' => 'August 26: Civil Bank has lent its support to Child Development Society under its corporate social responsibility. ', 'content' => '<p>August 26: Civil Bank has lent its support to Child Development Society under its corporate social responsibility. The bank provided Rs 200,000 to the organisation amid a recent function. </p> <p>The bank’s Chief Business Officer Sujit Kumar Shakya handed over the cheque to the chairman of Child Development Society Subash Gautam and Surendra Dhakal, treasurer of the organisation.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8736', 'image' => '20180826043932_civil bank.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '8956', 'article_category_id' => '1', 'title' => 'Samsung Galaxy Note9 Debuts in South West Asia Region', 'sub_title' => '', 'summary' => 'August 26: Samsung recently launched its flagship brand Galaxy Note9 in India.', 'content' => '<p>August 26: Samsung recently launched its flagship brand Galaxy Note9 in India. Issuing a press statement, the company said that the Note9 was launched amid a function on August 22.</p> <p>The Galaxy Note series is recognized for introducing Samsung’s latest ground-breaking innovations. The all-new Galaxy Note9 builds on this legacy of a premium smartphone that delivers the ultimate in performance with a new S Pen with remote control to easily drive presentation and take selfies, Samsung’s most intelligent camera yet, and an all-new PC-like experience with Samsung DeX and an HDMI cable.</p> <p>"I am very pleased to present the Galaxy Note9 on behalf of the 70,000 Samsung employees South West Asian region. Since Samsung entered the region in 1995, we have grown together with India and we are now the most beloved mobile brand,” said DJ Koh, Global President and CEO of IT & Mobile Communications Division, Samsung Electronics. “Note fans are Samsung’s most loyal; we know they want it all to get the most out of work and play, and Galaxy Note9 is the only phone that can keep up with their busy lives,” he added.</p> <p> The company said that Galaxy Note9’s 4,000mAh battery is the largest ever on a flagship Galaxy phone for long-lasting power. Galaxy Note9 is available in 128GB variant in Nepal with the ability to insert a microSD card upto 512GB.</p> <p>The smartphone is run by a cutting-edge 10nm processor which supports the fastest network speeds available in the market (up to 1.2 gigabits per second) to stream and download without slowing down. The company claimed that Galaxy Note9 also includes an industry-leading and Samsung-developed ‘water carbon cooling system’ and on-device AI-based performance adjusting algorithm to deliver powerful and stable performance.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8735', 'image' => '20180826115233_SM_N960F_GalaxyNote9_Front_Pen_Copper.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '8955', 'article_category_id' => '1', 'title' => 'MetLife Names New Leaders For Asia', 'sub_title' => '', 'summary' => 'August 26: MetLife Inc, a global financial service company, has appointed Kishore Ponnavolu as the president of the company’s Asia region effective from September 1. ', 'content' => '<p>August 26: MetLife Inc, a global financial service company, has appointed Kishore Ponnavolu as the president of the company’s Asia region effective from September 1. The company made the announcement in a statement on August 24 and added that he will be based in Hong Kong.</p> <p>In addition, MetLife announced that Rebecca Tadikonda has been named head of Strategic Growth Markets, Asia, also effective from September 1.</p> <p>According to the company, Ponnavolu will directly oversee Japan, Korea, Australia and LumenLab, MetLife Asia’s innovation hub. The markets for which Tadikonda will have responsibility are Bangladesh, China, Hong Kong, India, Malaysia, Nepal and Vietnam.</p> <p>Ponnavolu is currently head of MetLife’s Auto and Home Business in the United States, and Tadikonda is MetLife’s chief strategy officer.</p> <p>“Kishore has a proven track record of transformational leadership that engages customers, motivates employees, and drives profitable growth,” the statement quoted president and CEO of the company, Steven A Kandarian, as saying.</p> <p>“These highly transferable skills make him the right leader for our large and growing Asia business, and I have every confidence that he will take it to even higher levels of success,” he added.</p> <p>Within Auto and Home, Senior Vice President of Product Management Mick Noland and Vice President of Claims Darla Finchum will serve as interim co-heads of the business while MetLife conducts a search for Ponnavolu’s replacement.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8734', 'image' => '20180826044245_metlife.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '8954', 'article_category_id' => '1', 'title' => 'House Endorses Montreal Treaty, Increasing Insurance Amount for Air Passengers', 'sub_title' => '', 'summary' => 'August 24: The House of Representatives has unanimously endorsed the Montreal Treaty signed by the government paving way for a significant increase in insurance amount for passengers of international flights. ', 'content' => '<p>August 24: The House of Representatives has unanimously endorsed the Montreal Treaty signed by the government paving way for a significant increase in insurance amount for passengers of international flights. The proposal which had been stalled at the parliament since the past few years was approved on Thursday, August 23.</p> <p>The insurance amount liable to passengers in case of accident or death was Rs 2 million before the approval of the treaty but now it has increased to Rs 12.4 million. </p> <p>The treaty was approved by the House meeting to bring uniformity in the International Air Transport Policy.</p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8733', 'image' => null, 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '8953', 'article_category_id' => '1', 'title' => 'Smart Cell rebranded as ‘Smart’ telecom', 'sub_title' => '', 'summary' => 'August 26: Smart Cell has rebranded itself as ‘Smart’ telecom.', 'content' => '<p>August 26: Smart Cell has rebranded itself as ‘Smart’ telecom. The company made such announcement during a new brand campaign launched on Friday, August 24, to reflect the company’s evolution into an all-encompassing, global telecom business.</p> <p>According to the company, the rebranding includes a redesign of the company’s logo, slogan, graphics and communications.</p> <p>“Thinking about the limitations that we had with our naming, we decided to rebrand Smart Cell into Smart. The cell part in the Smart Cell, 4G in the design elements restricted us to a certain boundary,” Smart telecom said in a statement.</p> <p>“The rebranding came at a time when we launched our new products and services. We wanted our portfolio to be supported by a new brand position. It was a good timing for us to launch both our new positioning and our products as they complemented each other,” the statement added.</p> <p>Smart telecom has brought a new campaign with its rebranding. On purchase of a SIM card at Rs 99, customers will get a balance of Rs 50, with additional benefits of 200MB data, 10 mins of talk time and 10 SMS free. The benefits of data, voice pack, SMS are all included on the purchase of every recharge card as well. Customers can get more information by dialing *141# or by visiting the company’s website at <a href="http://www.smarttel.com.np/">www.smarttel.com.np</a>.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8732', 'image' => '20180826111240_smart logo.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '8952', 'article_category_id' => '1', 'title' => 'Facebook, Twitter, Viber mandatory at governmental offices', 'sub_title' => '', 'summary' => 'August 26: Government offices will now have to mandatorily use social networking sites like Facebook, Twitter and Viber as per the social network procedure enforced by the government. ', 'content' => '<p>August 26: Government offices will now have to mandatorily use social networking sites like Facebook, Twitter and Viber as per the social network procedure enforced by the government. The government move is aimed at interacting with the service seekers to address their concerns promptly with the use of social media.</p> <p>According to the social networking working procedure 2075, the entire government offices across the country will have to mandatorily operate social networking from now onwards.</p> <p>The Office of the Prime Minister and Council of Ministers informed that the decision is aimed at directly connecting the government authorities with the public, for circulating the government notice immediately and to address the complains of the public. </p> <p>The working procedure also allows the government to open its own social networking site for effective interaction with the public. </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8731', 'image' => '20180826105616_download.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '8951', 'article_category_id' => '1', 'title' => 'Shrestha appointed CEO of Shangri-la Development Bank', 'sub_title' => '', 'summary' => 'August 24: Shangri-la Development Bank has appointed Suyog Shrestha as its chief executive officer.', 'content' => '<p>August 24: Shangri-la Development Bank has appointed Suyog Shrestha as its chief executive officer. A meeting of the board of directors of the bank on August 24 decided to appoint Shrestha to the post.</p> <p>Forty-six years old Shrestha from Chainpur of Sankhwasabha was the CEO of Ace Development Bank before his appointment as CEO of Shangri-la Development Bank, according to a statement issued by the bank.</p> <p>Shrestha completed his bachelor’s degree in management from Tribhuvan University and then earned a chartered accountant’s degree from the Institute of Chartered Accountants of India, New Delhi.</p> <p>Shrestha, who started his banking career from Himalayan Bank in 2000 as a junior officer later got the responsibility of the bank’s internal audit department chief. He assumed a managerial role after being appointed as deputy manager of Nepal Investment Bank in 2005. He then was appointed as senior manager of Vibor Development Bank in 2009 and deputy general manager of Ace Development Bank after that.</p> <p>Subsequently, the assumed the responsibilities of acting CEO and then CEO of the bank.</p> ', 'published' => true, 'created' => '2018-08-24', 'modified' => '2018-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '8730', 'image' => '20180824050505_Shangrila CEO appointed photo.jpg', 'article_date' => '2018-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '8950', 'article_category_id' => '1', 'title' => 'Siddhartha Bank Adds Two More Branches to its Network', 'sub_title' => '', 'summary' => 'August 24: Siddhartha Bank has opened two new branches as part of its plan to extend its services across the nation.', 'content' => '<p>August 24: Siddhartha Bank has opened two new branches as part of its plan to extend its services across the nation.</p> <p>The bank said in a statement that it opened one branch each at Chabahil of Kathmandu and Parsa of Chitwan amid separate functions recently.</p> <p>The bank said that it opened the branches with an objective of providing all kinds of modern banking services to its customers residing in those areas.</p> <p> With the operation of the new branches, the bank now has been providing its services through 123 branches, three extension counters, 99 branchless banking facilities and 126 ATMs across the country.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-24', 'modified' => '2018-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '8729', 'image' => '20180824045034_Siddhartha Bank.jpg', 'article_date' => '2018-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '8949', 'article_category_id' => '1', 'title' => 'George Clooney tops the chart of highest earning actors', 'sub_title' => '', 'summary' => 'August 24: American actor and businessman George Clooney has been listed as the highest earning actor of the world. ', 'content' => '<p>August 24: American actor and businessman George Clooney has been listed as the highest earning actor of the world. According to a report published by Forbes Magazine, Clooney made a fortune of USD 239 million in 2017-18.</p> <p>During the period, Clooney didn’t feature in any movie and had made his entire earnings by selling the stock shares of Casamigos, a Tequila brand.</p> <p>Dwayne Jonson who earned twice the income (USD 119 million) of last year is listed second to Clooney. </p> <p>Likewise, Scarlet Jonson, the Black Widow actress, has been ranked first in the female category and 7<sup>th</sup> in the overall ranking. She made a total earning of USD 45 million during the period. Emma Stones had topped the list of highest earning actress last year.</p> <p>The total income of the top ten earning actors combined was USD 748 million last year where the highest individual income was USD 186 million.</p> <p>Bollywood actors Akshya Kumar and Salman Khan have been ranked 7<sup>th</sup> and 10<sup>th</sup> respectively in the male category with an income of USD 45 million and 33 million.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-08-24', 'modified' => '2018-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '8728', 'image' => '20180824035745_aaa.jpg', 'article_date' => '2018-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '8947', 'article_category_id' => '1', 'title' => 'Blacklisted Debtors on the Rise: NRB', 'sub_title' => '', 'summary' => 'August 24: The number of debtors in the blacklist of banks and financial institutions (BFIs) is on the rise in the last few years. ', 'content' => '<p>August 24: The number of debtors in the blacklist of banks and financial institutions (BFIs) is on the rise in the last few years. As per the data published by Nepal Rastra Bank (NRB), the number of debtors not clearing their dues in the Fiscal Year 2017/18 was 6241. According to the central bank, this is the highest in the last five years. In total, there are 24,142 debtors blacklisted by BFIs so far.</p> <p>The list was prepared by the debtors’ information center of the central bank upon the request of BFIs. The number of debtors in the blacklist in FY 2016/17 was 5247 while it was 4200 in the preceding year and 3600 in FY 2014/15.</p> <p>After finding that the number of bad debtors has been increasing every year, the central bank has asked the BFIs to give proper attention while giving loan. The debtors who have not been paying back their dues or whose due date has expired or those who are at large are blacklisted by the central bank upon the request of BFIs. Those in the blacklist are ineligible to get loan from any BFI.</p> ', 'published' => true, 'created' => '2018-08-24', 'modified' => '2018-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '8727', 'image' => null, 'article_date' => '2018-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $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' => '8962', 'article_category_id' => '1', 'title' => 'TVS Launches Apache RTR 160 4V in Nepal', 'sub_title' => '', 'summary' => 'August 27: Jagdamba Motors, the authorized sole distributor of TVS brand in Nepal, organized a grand musical concert “BEATS” at Bhrikuti Mandap Kathmandu to announce the launch of its another flagship product, Apache RTR 160 4V.', 'content' => '<p>August 27: Jagdamba Motors, the authorized sole distributor of TVS brand in Nepal, organized a grand musical concert “BEATS” at Bhrikuti Mandap Kathmandu to announce the launch of its another flagship product, Apache RTR 160 4V.</p> <p>TVS said it has started the distribution of the product in all showrooms nationwide.</p> <p>Speaking at the launch of the new TVS Apache RTR 160 4V, Shahil Agrawal, managing director of Jagdamba Motors, said, “In over 10 years of its existence, the TVS Apache RTR series has created phenomenal customer delight. The new TVS Apache RTR 160 4V is an exciting addition to the TVS Apache RTR series. It is the most powerful 160cc motorcycle in Nepal and embodies the latest racing technology with best-in-class performance. We are confident that the TVS Apache RTR 160 4V will set a precedence with its superior performance and dynamic racing look.”</p> <p>“The TVS Apache RTR 160 4V is available in the Carburetor variant. The motorcycle gets a 159.7 cc, single-cylinder, 4-stroke, 4-valve, oil-cooled engine that churns out 16.5 PS @8000 rpm and 14.8 Nm @ 6500 rpm. The engine is mated to a 5-speed super-slick gear box that offers a precise and powerful riding experience,” the company said in a statement. </p> <p>According to the company, TVS Apache RTR 160 4V delivers a top speed of 113 kmph. Complete with best-in-class power-to-weight ratio, the motorcycle does an astounding 0-60 kmph in 4.73 seconds, the statement further said.</p> <p>TVS Apache RTR 160 4V comes with the double-cradle split synchro stiff frame design, which gives excellent high-speed stability and best-in-class handling on/off- track. The company claimed that the mono-shock suspension, engineered and precision-tuned by inputs from TVS racing riders, contributes to the razor-sharp handling and agility through the corners. Giving due importance to safety, the TVS Apache RTR 160 4V comes in disc and drum variants.</p> <p>“The forward biased stance with tight proportions is complemented by the aggressive headlamp, chiseled body and a sleek, sharp tail,” the statement further said. </p> <p>The bike is priced at Rs 279,900 initially for the first 500 consumers. The TVS Apache RTR 160 4V series is available in three colors -- racing red, metallic blue and knight black.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-27', 'modified' => '2018-08-27', 'keywords' => '', 'description' => '', 'sortorder' => '8741', 'image' => '20180827010403_IMG_5432.jpg', 'article_date' => '2018-08-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '8961', 'article_category_id' => '1', 'title' => 'Use of Force Resulting into Death of a Minor in Kanchanpur Deeply Disturbing:AI', 'sub_title' => '', 'summary' => 'August 26: Amnesty International Nepal has expressed its deep concerns regarding the news of the death of a fourteen-year-old Sunny Khuna who received a live bullet fired by the police in Kanchanpur against the crowd protesting for justice to a victim of rape and murder.', 'content' => '<p>August 26: Amnesty International Nepal has expressed its deep concerns regarding the news of the death of a fourteen-year-old Sunny Khuna who received a live bullet fired by the police in Kanchanpur against the crowd protesting for justice to a victim of rape and murder.</p> <p>Nirmala Panta, a thirteen-year-old girl of Bhimdutta Municipality was found murdered after rape on July 26, and the locals were in a protest demanding that the culprit behind the heinous crime be identified, tried and brought to justice. </p> <p>Following intense public pressure, police had arrested one Dilip Singh Bista on August 20 for his alleged involvement in the crime. The locals, however, had continued their protest alleging that Bista was framed by the police and falsely charged for the crime.</p> <p>The law and order situation in Kanchanpur deteriorated after locals of Kanchanpur came out on the street demanding arrest of the real culprit on August 23 when police reportedly fired "hundreds" of rounds of tear gas shells and several rounds of aerial shots to contain the crowd. The local administration had later imposed the night time curfew.</p> <p>“Amnesty International Nepal is deeply troubled by the deteriorating law and order situation in Kanchanpur and urges the local administration to exercise maximum possible restraint while enforcing laws to calm the situation. We also urge the protestors to respect the rule of law and resort to peaceful means of protests,” the watchdog said in a statement.</p> <p>"The incident resulting in the death of Sunny Khuna and injuries of twenty four others on August 24 due to the police firing is deeply disturbing," said Nirajan Thapaliya, director of Amnesty International Nepal.</p> <p>"We urge the authorities and law-enforcement officials in Nepal to only resort to a legitimate use of force, and always adhere to the <em>UN Basic Principles on the Use of Force and Firearms</em> which requires officials to apply non-violent means before resorting to the use of force and firearms. The <em>Basic Principles</em> allows the use of force and firearms only if other means remain ineffective or without any promise of achieving the intended result."</p> <p>Amnesty International also urge the authorities to carry out independent and impartial inquiry into the event leading to the violence on August 24, and to provide prompt and effective redress and justice to the victims and their families. </p> <p> </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8740', 'image' => null, 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '8960', 'article_category_id' => '1', 'title' => 'Prabhu Bank joins connectIPS e-Payment System', 'sub_title' => '', 'summary' => 'August 26: Prabhu Bank has joined the connectIPS e-Payment System from Friday, August 24, to facilitate its customers to initiate online payment. ', 'content' => '<p>August 26: Prabhu Bank has joined the <em>connect</em>IPS e-Payment System from Friday, August 24, to facilitate its customers to initiate online payment. With this, the customers of Prabhu Bank will be able to make online payment of up to Rs 100,000 per transaction through the <em>connect</em>IPS system, according to Nepal Clearing House Limited (NCHL) which introduced the online payment system.</p> <p>“The banks’ customers can enroll and link their bank account(s) with one-time verification from their respective banks, after which they can use the payment services including fund transfer, online payment and bill payment. All such transactions are processed directly from the bank accounts and do not require any intermediary,” reads a statement issued by NCHL.</p> <p>According to NCHL,<em> connect</em>IPS e-Payment System has already been subscribed by 35 banks and financial institutions among which 28 are already in operation.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8739', 'image' => '20180826051043_prabhu.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '8959', 'article_category_id' => '1', 'title' => 'BIMSTEC has not been able to work as expected: FM Gyawali', 'sub_title' => '', 'summary' => 'August 26: Foreign Minister Pradeep Kumar Gyawali has admitted that though it’s been 20 years since the establishment of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), the regional body has not been able to work as expected. ', 'content' => '<p>August 26: Foreign Minister Pradeep Kumar Gyawali has admitted that though it’s been 20 years since the establishment of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), the regional body has not been able to work as expected. Deliberating on the realities and future priorities for the Bay of Bengal region in a talk programme entitled BIMSTEC: Connecting South and Southeast Asia, Gyawali stressed on the need for sustainable development of various sectors including trade and transit, digital networking, infrastructure and free trade.</p> <p>Gyawali reminded that the fourth BIMSTEC Summit is being organised next week with the theme ‘Towards a Peaceful, Prosperous and Sustainable Bay of Bengal Region’.</p> <p>“Nearly one-fourth of the world’s population lives in this region. The size of the economy of this region is over 3 trillion and is growing annually at 6.5 percent. This is an evidence of the vast opportunities BIMSTEC possesses for greater regional cooperation and collaboration,” says Gyawali.</p> <p>Gywali mentioned that the BIMSTEC member states have to tackle the old and new problems through regional cooperation. He said that poverty, inequality, unemployment and disease are some of the old problems while climate change, terrorism and transnational organised crimes are the new challenges.</p> <p>“These challenges cannot effectively be addressed through isolated domestic intervention alone. Therefore, we must find collective and coordinated response to our challenges and problems,” he said.</p> <p>BIMSTEC is organised with a vision to bridge the gap between South and Southeast Asia. At present, South Asia has 1.7 billion population with USD 3.3 trillion GDP while Southeast Asia has a population of 642 million with a total GDP of USD 2.76 trillion.</p> <p>According to Gyawali, this summit will prioritize 16 working sectors. Till now, BIMSTEC has been working in various sectors including trade and investment, technology, energy, transportation and communication, tourism, fishery, cultural cooperatives, environment and disaster management, public health, poverty alleviation, terrorism and international crime and climate change.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8738', 'image' => null, 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '8958', 'article_category_id' => '1', 'title' => 'Thamel Branch of Kailash Bikash Bank', 'sub_title' => '', 'summary' => 'August 26: Kailash Bikas Bank has opened a new branch at Thamel, Kathmandu.', 'content' => '<p>August 26: Kailash Bikas Bank has opened a new branch at Thamel, Kathmandu. The bank said it opened the branch on Friday, August 24 with an aim to extend its banking service at all local levels.</p> <p>Shiva Raj Shrestha, deputy governor of Nepal Rastra Bank, inaugurated the branch amid a recent function. It is the 63rd branch of the bank. According to the bank, the newly opened branch will benefit the locals and entrepreneurs of the area.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8737', 'image' => '20180826044051_kailash.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '8957', 'article_category_id' => '1', 'title' => 'Civil Bank Provides Financial Support to Child Development Society', 'sub_title' => '', 'summary' => 'August 26: Civil Bank has lent its support to Child Development Society under its corporate social responsibility. ', 'content' => '<p>August 26: Civil Bank has lent its support to Child Development Society under its corporate social responsibility. The bank provided Rs 200,000 to the organisation amid a recent function. </p> <p>The bank’s Chief Business Officer Sujit Kumar Shakya handed over the cheque to the chairman of Child Development Society Subash Gautam and Surendra Dhakal, treasurer of the organisation.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8736', 'image' => '20180826043932_civil bank.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '8956', 'article_category_id' => '1', 'title' => 'Samsung Galaxy Note9 Debuts in South West Asia Region', 'sub_title' => '', 'summary' => 'August 26: Samsung recently launched its flagship brand Galaxy Note9 in India.', 'content' => '<p>August 26: Samsung recently launched its flagship brand Galaxy Note9 in India. Issuing a press statement, the company said that the Note9 was launched amid a function on August 22.</p> <p>The Galaxy Note series is recognized for introducing Samsung’s latest ground-breaking innovations. The all-new Galaxy Note9 builds on this legacy of a premium smartphone that delivers the ultimate in performance with a new S Pen with remote control to easily drive presentation and take selfies, Samsung’s most intelligent camera yet, and an all-new PC-like experience with Samsung DeX and an HDMI cable.</p> <p>"I am very pleased to present the Galaxy Note9 on behalf of the 70,000 Samsung employees South West Asian region. Since Samsung entered the region in 1995, we have grown together with India and we are now the most beloved mobile brand,” said DJ Koh, Global President and CEO of IT & Mobile Communications Division, Samsung Electronics. “Note fans are Samsung’s most loyal; we know they want it all to get the most out of work and play, and Galaxy Note9 is the only phone that can keep up with their busy lives,” he added.</p> <p> The company said that Galaxy Note9’s 4,000mAh battery is the largest ever on a flagship Galaxy phone for long-lasting power. Galaxy Note9 is available in 128GB variant in Nepal with the ability to insert a microSD card upto 512GB.</p> <p>The smartphone is run by a cutting-edge 10nm processor which supports the fastest network speeds available in the market (up to 1.2 gigabits per second) to stream and download without slowing down. The company claimed that Galaxy Note9 also includes an industry-leading and Samsung-developed ‘water carbon cooling system’ and on-device AI-based performance adjusting algorithm to deliver powerful and stable performance.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8735', 'image' => '20180826115233_SM_N960F_GalaxyNote9_Front_Pen_Copper.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '8955', 'article_category_id' => '1', 'title' => 'MetLife Names New Leaders For Asia', 'sub_title' => '', 'summary' => 'August 26: MetLife Inc, a global financial service company, has appointed Kishore Ponnavolu as the president of the company’s Asia region effective from September 1. ', 'content' => '<p>August 26: MetLife Inc, a global financial service company, has appointed Kishore Ponnavolu as the president of the company’s Asia region effective from September 1. The company made the announcement in a statement on August 24 and added that he will be based in Hong Kong.</p> <p>In addition, MetLife announced that Rebecca Tadikonda has been named head of Strategic Growth Markets, Asia, also effective from September 1.</p> <p>According to the company, Ponnavolu will directly oversee Japan, Korea, Australia and LumenLab, MetLife Asia’s innovation hub. The markets for which Tadikonda will have responsibility are Bangladesh, China, Hong Kong, India, Malaysia, Nepal and Vietnam.</p> <p>Ponnavolu is currently head of MetLife’s Auto and Home Business in the United States, and Tadikonda is MetLife’s chief strategy officer.</p> <p>“Kishore has a proven track record of transformational leadership that engages customers, motivates employees, and drives profitable growth,” the statement quoted president and CEO of the company, Steven A Kandarian, as saying.</p> <p>“These highly transferable skills make him the right leader for our large and growing Asia business, and I have every confidence that he will take it to even higher levels of success,” he added.</p> <p>Within Auto and Home, Senior Vice President of Product Management Mick Noland and Vice President of Claims Darla Finchum will serve as interim co-heads of the business while MetLife conducts a search for Ponnavolu’s replacement.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8734', 'image' => '20180826044245_metlife.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '8954', 'article_category_id' => '1', 'title' => 'House Endorses Montreal Treaty, Increasing Insurance Amount for Air Passengers', 'sub_title' => '', 'summary' => 'August 24: The House of Representatives has unanimously endorsed the Montreal Treaty signed by the government paving way for a significant increase in insurance amount for passengers of international flights. ', 'content' => '<p>August 24: The House of Representatives has unanimously endorsed the Montreal Treaty signed by the government paving way for a significant increase in insurance amount for passengers of international flights. The proposal which had been stalled at the parliament since the past few years was approved on Thursday, August 23.</p> <p>The insurance amount liable to passengers in case of accident or death was Rs 2 million before the approval of the treaty but now it has increased to Rs 12.4 million. </p> <p>The treaty was approved by the House meeting to bring uniformity in the International Air Transport Policy.</p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8733', 'image' => null, 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '8953', 'article_category_id' => '1', 'title' => 'Smart Cell rebranded as ‘Smart’ telecom', 'sub_title' => '', 'summary' => 'August 26: Smart Cell has rebranded itself as ‘Smart’ telecom.', 'content' => '<p>August 26: Smart Cell has rebranded itself as ‘Smart’ telecom. The company made such announcement during a new brand campaign launched on Friday, August 24, to reflect the company’s evolution into an all-encompassing, global telecom business.</p> <p>According to the company, the rebranding includes a redesign of the company’s logo, slogan, graphics and communications.</p> <p>“Thinking about the limitations that we had with our naming, we decided to rebrand Smart Cell into Smart. The cell part in the Smart Cell, 4G in the design elements restricted us to a certain boundary,” Smart telecom said in a statement.</p> <p>“The rebranding came at a time when we launched our new products and services. We wanted our portfolio to be supported by a new brand position. It was a good timing for us to launch both our new positioning and our products as they complemented each other,” the statement added.</p> <p>Smart telecom has brought a new campaign with its rebranding. On purchase of a SIM card at Rs 99, customers will get a balance of Rs 50, with additional benefits of 200MB data, 10 mins of talk time and 10 SMS free. The benefits of data, voice pack, SMS are all included on the purchase of every recharge card as well. Customers can get more information by dialing *141# or by visiting the company’s website at <a href="http://www.smarttel.com.np/">www.smarttel.com.np</a>.</p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8732', 'image' => '20180826111240_smart logo.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '8952', 'article_category_id' => '1', 'title' => 'Facebook, Twitter, Viber mandatory at governmental offices', 'sub_title' => '', 'summary' => 'August 26: Government offices will now have to mandatorily use social networking sites like Facebook, Twitter and Viber as per the social network procedure enforced by the government. ', 'content' => '<p>August 26: Government offices will now have to mandatorily use social networking sites like Facebook, Twitter and Viber as per the social network procedure enforced by the government. The government move is aimed at interacting with the service seekers to address their concerns promptly with the use of social media.</p> <p>According to the social networking working procedure 2075, the entire government offices across the country will have to mandatorily operate social networking from now onwards.</p> <p>The Office of the Prime Minister and Council of Ministers informed that the decision is aimed at directly connecting the government authorities with the public, for circulating the government notice immediately and to address the complains of the public. </p> <p>The working procedure also allows the government to open its own social networking site for effective interaction with the public. </p> ', 'published' => true, 'created' => '2018-08-26', 'modified' => '2018-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '8731', 'image' => '20180826105616_download.jpg', 'article_date' => '2018-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '8951', 'article_category_id' => '1', 'title' => 'Shrestha appointed CEO of Shangri-la Development Bank', 'sub_title' => '', 'summary' => 'August 24: Shangri-la Development Bank has appointed Suyog Shrestha as its chief executive officer.', 'content' => '<p>August 24: Shangri-la Development Bank has appointed Suyog Shrestha as its chief executive officer. A meeting of the board of directors of the bank on August 24 decided to appoint Shrestha to the post.</p> <p>Forty-six years old Shrestha from Chainpur of Sankhwasabha was the CEO of Ace Development Bank before his appointment as CEO of Shangri-la Development Bank, according to a statement issued by the bank.</p> <p>Shrestha completed his bachelor’s degree in management from Tribhuvan University and then earned a chartered accountant’s degree from the Institute of Chartered Accountants of India, New Delhi.</p> <p>Shrestha, who started his banking career from Himalayan Bank in 2000 as a junior officer later got the responsibility of the bank’s internal audit department chief. He assumed a managerial role after being appointed as deputy manager of Nepal Investment Bank in 2005. He then was appointed as senior manager of Vibor Development Bank in 2009 and deputy general manager of Ace Development Bank after that.</p> <p>Subsequently, the assumed the responsibilities of acting CEO and then CEO of the bank.</p> ', 'published' => true, 'created' => '2018-08-24', 'modified' => '2018-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '8730', 'image' => '20180824050505_Shangrila CEO appointed photo.jpg', 'article_date' => '2018-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '8950', 'article_category_id' => '1', 'title' => 'Siddhartha Bank Adds Two More Branches to its Network', 'sub_title' => '', 'summary' => 'August 24: Siddhartha Bank has opened two new branches as part of its plan to extend its services across the nation.', 'content' => '<p>August 24: Siddhartha Bank has opened two new branches as part of its plan to extend its services across the nation.</p> <p>The bank said in a statement that it opened one branch each at Chabahil of Kathmandu and Parsa of Chitwan amid separate functions recently.</p> <p>The bank said that it opened the branches with an objective of providing all kinds of modern banking services to its customers residing in those areas.</p> <p> With the operation of the new branches, the bank now has been providing its services through 123 branches, three extension counters, 99 branchless banking facilities and 126 ATMs across the country.</p> <p> </p> ', 'published' => true, 'created' => '2018-08-24', 'modified' => '2018-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '8729', 'image' => '20180824045034_Siddhartha Bank.jpg', 'article_date' => '2018-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '8949', 'article_category_id' => '1', 'title' => 'George Clooney tops the chart of highest earning actors', 'sub_title' => '', 'summary' => 'August 24: American actor and businessman George Clooney has been listed as the highest earning actor of the world. ', 'content' => '<p>August 24: American actor and businessman George Clooney has been listed as the highest earning actor of the world. According to a report published by Forbes Magazine, Clooney made a fortune of USD 239 million in 2017-18.</p> <p>During the period, Clooney didn’t feature in any movie and had made his entire earnings by selling the stock shares of Casamigos, a Tequila brand.</p> <p>Dwayne Jonson who earned twice the income (USD 119 million) of last year is listed second to Clooney. </p> <p>Likewise, Scarlet Jonson, the Black Widow actress, has been ranked first in the female category and 7<sup>th</sup> in the overall ranking. She made a total earning of USD 45 million during the period. Emma Stones had topped the list of highest earning actress last year.</p> <p>The total income of the top ten earning actors combined was USD 748 million last year where the highest individual income was USD 186 million.</p> <p>Bollywood actors Akshya Kumar and Salman Khan have been ranked 7<sup>th</sup> and 10<sup>th</sup> respectively in the male category with an income of USD 45 million and 33 million.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-08-24', 'modified' => '2018-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '8728', 'image' => '20180824035745_aaa.jpg', 'article_date' => '2018-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '8947', 'article_category_id' => '1', 'title' => 'Blacklisted Debtors on the Rise: NRB', 'sub_title' => '', 'summary' => 'August 24: The number of debtors in the blacklist of banks and financial institutions (BFIs) is on the rise in the last few years. ', 'content' => '<p>August 24: The number of debtors in the blacklist of banks and financial institutions (BFIs) is on the rise in the last few years. As per the data published by Nepal Rastra Bank (NRB), the number of debtors not clearing their dues in the Fiscal Year 2017/18 was 6241. According to the central bank, this is the highest in the last five years. In total, there are 24,142 debtors blacklisted by BFIs so far.</p> <p>The list was prepared by the debtors’ information center of the central bank upon the request of BFIs. The number of debtors in the blacklist in FY 2016/17 was 5247 while it was 4200 in the preceding year and 3600 in FY 2014/15.</p> <p>After finding that the number of bad debtors has been increasing every year, the central bank has asked the BFIs to give proper attention while giving loan. The debtors who have not been paying back their dues or whose due date has expired or those who are at large are blacklisted by the central bank upon the request of BFIs. Those in the blacklist are ineligible to get loan from any BFI.</p> ', 'published' => true, 'created' => '2018-08-24', 'modified' => '2018-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '8727', 'image' => null, 'article_date' => '2018-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $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