April 26: Global IME Bank has announced to provide financial support worth Rs 200,000 for the Fourth KNP National Women’s Volleyball Tournament.…

April 26: Global IME Bank has announced to provide financial support worth Rs 200,000 for the Fourth KNP National Women’s Volleyball Tournament.…
April 26: Nepal Rastra Bank (NRB) has issued new notes of Rs 500 denomination.…
April 26: Agni Moto Inc, a subsidiary of Agni Group and the authorized distributor of Mahindra two-wheelers in Nepal, has expanded its authorized 2S service network at Jagati,…
April 26: Coca-Cola in Nepal has concluded its campaign "Coke Kham, Russia Jaam" under which 40 winners have been selected to watch FIFA World Cup 2018 live in…
April 26: Prabhu Bank has provided five sets of computers to Chandeshwori Higher Secondary School of Banepa, Kavre.…
April 25: Nepal Telecom has supported different organizations in various parts of the country on the occasion of its 14th…
April 26: Kankai Bikas Bank Ltd has opened its 13th branch at Mangalbare of Morang district.…
April 26: Janata Bank has announced to support the conservation of Madan Bhandari Memorial Park based on Mahadevsthan, Kathmandu.…
April 25: The Central Bureau of Statistics (CBS) has estimated that the country will see an economic growth of 5.89 percent in the current fiscal…
April 25: The government has spent Rs 115.46 billion on reconstruction of private homes and other physical infrastructure in the last three years following the devastating earthquake of April 25,…
April 25: Buddha Air has announced to acquire additional aircraft to its…
April 25: Shangri-La Development Bank has proposed to distribute 2.5 percent bonus share and 9.30 percent cash…
April 25: Neco Insurance Limited, a non-life insurance company, has settled the claim of Rs 50.5 million made by Annapurna Impex of Biratnagar on April…
April 25: The average net profit of 13 commercial banks have increased by 14.32 percent, according to the third quarterly financial details of the banks for the fiscal year 2017/18. The banks have recorded a total profit of Rs 2.10 billion more than the corresponding period of last…
April 25: Gurkha Finance has appointed Khadga Bahadur Gurung as the director of the company from among its general share holders.…
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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' => '8087', 'article_category_id' => '1', 'title' => 'Global IME to Support KNP Volleyball Tournament', 'sub_title' => '', 'summary' => 'April 26: Global IME Bank has announced to provide financial support worth Rs 200,000 for the Fourth KNP National Women’s Volleyball Tournament. ', 'content' => '<p>April 26: Global IME Bank has announced to provide financial support worth Rs 200,000 for the Fourth KNP National Women’s Volleyball Tournament. Janak Sharma Paudel, CEO of the bank and Gamali Khadka, patron of the KNP Foundation signed an agreement to this effect on Tuesday, April 24.</p> <p>On the occasion, Sharma said that this collaboration will continue in the days to come. The volleyball tournament will be organised under the main sponsorship of KNP Foundation and co-sponsorship of Shivam Cement. The estimated budget of the competition which will be held from May 4 to May 8 is Rs 1.8 million.</p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7868', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '8086', 'article_category_id' => '1', 'title' => 'New Notes of Rs 500 Denomination in the Market', 'sub_title' => '', 'summary' => 'April 26: Nepal Rastra Bank (NRB) has issued new notes of Rs 500 denomination. ', 'content' => '<p>April 26: Nepal Rastra Bank (NRB) has issued new notes of Rs 500 denomination. The new notes introduced on April 25 are similar in size and color to the previous ones but only the animal print has changed.</p> <p>Two small-sized tigers of the previous edition of Rs 500 have been replaced by a larger-sized tiger in the new notes, said Executive Director of Currency Management Department of NRB Laxmi P Niraula.</p> <p>According to the central bank, both previous and new notes will be in operation in the Nepali market.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7867', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '8085', 'article_category_id' => '1', 'title' => 'Mahindra's New Service Centre in Bhaktapour', 'sub_title' => '', 'summary' => 'April 26: Agni Moto Inc, a subsidiary of Agni Group and the authorized distributor of Mahindra two-wheelers in Nepal, has expanded its authorized 2S service network at Jagati, Bhaktapur.', 'content' => '<p>April 26: Agni Moto Inc, a subsidiary of Agni Group and the authorized distributor of Mahindra two-wheelers in Nepal, has expanded its authorized 2S service network at Jagati, Bhaktapur. The new service center named ‘Bikash Motorcycle Workshop’ has been opened with the objective of providing customers with an easy access to their servicing facility, according to the company. The company said that the service center will be offering service and genuine spare parts.</p> <p>With the establishment of the new authorized 2S network, Agni Moto Inc believes it will make it more convenient and economic for its customers of Bhaktapur and its surrounding areas to get access to the company and all its quality services.</p> <p>"This will further help to strengthen the trust between the customers and the company in the coming days," the company said in a statement.</p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7866', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '8084', 'article_category_id' => '1', 'title' => 'Coke Announces 40 Lucky Winners', 'sub_title' => 'Coke Kham, Russia Jaam Consumer Promotion 2018 Concludes', 'summary' => 'April 26: Coca-Cola in Nepal has concluded its campaign "Coke Kham, Russia Jaam" under which 40 winners have been selected to watch FIFA World Cup 2018 live in Russia.', 'content' => '<p>April 26: Coca-Cola in Nepal has concluded its campaign "Coke Kham, Russia Jaam" under which 40 winners have been selected to watch FIFA World Cup 2018 live in Russia. The company said in a statement that the winners of the Russia trip will get a chance to watch live World Cup 2018 in Russia with all expenses paid for tickets and accommodation.</p> <p>The campaign started on February 15 and ended on April 15. The company has announced the names of 40 lucky consumers who won the Russia trip, 18 consumers who won 24" LED TVs and more than 10,000 consumers won Coke and FIFA World Cup merchandise featuring items like speakers, headphones, pen drives etc.</p> <p>"This campaign is by far the biggest consumer promotional campaign brought to the general consumers by Coca-Cola in Nepal," the statement said, adding, "The 40 people going to Russia to watch live FIFA World Cup 2018 are indeed lucky to have won such grand opportunity. Not only is it a golden opportunity to all the winners but it's a really proud moment for all the Nepalese people as such large number of Nepali citizens is going to watch the most anticipated FIFA World Cup Live, in sports history."</p> <p>Ambuj Singh, country director of Coca-Cola for Nepal, said, “We are extremely happy to bring a campaign this big in the history of Coca-Cola consumer promotion. This is by far one of the biggest consumer promotion with offers 40 winners to watch live World Cup in Russia, 24" LED TVs and daily merchandises. We had high engagement throughout the campaign and we are happy for the support from our consumers. We feel their excitement and satisfaction with our product which gives us further encouragement and inspiration to organize such campaigns in the near future. We are grateful towards all our consumers for making this campaign an exceptional hit."</p> <p>Puneet Varshney, managing director of Bottlers Nepal Limited, said, "Coke Kham, Russia Jaam consumer promotion is one of a kind campaign. We received overwhelming response from our consumers. It's not every day that consumers come across such a grand offer. I am thankful towards all the retailers and affiliated organizations for making this campaign a huge success. It would not have been possible without their support and commitment. We are truly thankful towards all the consumers, implementation partners and to all our valued retailers who helped us reach out to every consumer through this campaign."</p> <p> </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7865', 'image' => '20180426014300_Picture (1).jpg', 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '8083', 'article_category_id' => '1', 'title' => 'Prabhu Bank Provides Computers to a School', 'sub_title' => '', 'summary' => 'April 26: Prabhu Bank has provided five sets of computers to Chandeshwori Higher Secondary School of Banepa, Kavre. ', 'content' => '<p>April 26: Prabhu Bank has provided five sets of computers to Chandeshwori Higher Secondary School of Banepa, Kavre. The bank's CEO Ashok Sherchan handed over the computers to Ugrachandi Nala Samaj's Chairman Chandra Lal Shrestha amid a function on Wednesday, April 25.</p> <p> The bank said it lent the support to the school under its corporate social responsibility.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7864', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '8082', 'article_category_id' => '1', 'title' => 'NT Supports Different Organisations', 'sub_title' => '', 'summary' => 'April 25: Nepal Telecom has supported different organizations in various parts of the country on the occasion of its 14th anniversary.', 'content' => '<p>April 25: Nepal Telecom has supported different organizations in various parts of the country on the occasion of its 14<sup>th</sup> anniversary. The state-owned company provided blankets to different hospitals and also set up information communication technology (ICT) center at different community schools across the nation under its corporate social responsibility.</p> <p>The company distributed 25 sets of blankets each to Biratnagar Hospital of Koshi, Birgunj of Narayani, Bhaktapur Cancer Hospital of Bagmati, Nepalgunj of Bheri , and Mahendranagar of Mahakali zones. The company said it would provide blankets to the hospital of Lumbini Zone as well. The company's Managing Director Kamini Rajbhandari handed over 25 sets of blankets to the director of Bhaktapur Cancer Hospital, Dr Rishikesh Narayan Shrestha . The blankets will be utilized for the patients of the hospital.</p> <p>Likewise, the company also delivered 25 sets of blankets to the residents of Udayapurgadi Rural Municipality.</p> <p>The company has planned to establish ICT center at community schools in six districts and other earthquake-affected districts. NT has already set up ICT centers in 11 earthquake-affected districts. The company has almost finished establishing the center in the community schools of Lamjung, Dadelhura, Udayapur, Jumla and Rukum.</p> <p>Meanwhile, Dr Rajbhandari inaugurated the ICT center at Shanti Niketan Secondary School under the support of the company. The company also provided five sets of computer, five sets of web cameras, five sets of headphones and one set of three-in-one printer to the center. For the utilization of the materials, the company even offered one line WiMAX data connection, wifi router, and ODU. Similarly, the company has also arranged 30 GB of monthly data free of cost for two years.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7863', 'image' => '20180426011733_ntc.jpg', 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '8081', 'article_category_id' => '1', 'title' => 'Mangalbare Branch of Kankai Bikas Bank', 'sub_title' => '', 'summary' => 'April 26: Kankai Bikas Bank Ltd has opened its 13th branch at Mangalbare of Morang district. ', 'content' => '<p>April 26: Kankai Bikas Bank Ltd has opened its 13<sup>th</sup> branch at Mangalbare of Morang district. The formal inauguration of the branch was made by Minister for Financial Affairs and Planning of Province 1, Indra Bahadur Angbo.</p> <p>Stating that the expansion of the bank contributes to the national economy, Minister Angbo appealed to all the banks to extend their network across the nation as much as possible.</p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7862', 'image' => '20180426020130_Mangalbare-Photo.jpg', 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '8080', 'article_category_id' => '1', 'title' => 'Janata Bank to Look After Madan Bhandari Memorial Park', 'sub_title' => '', 'summary' => 'April 26: Janata Bank has announced to support the conservation of Madan Bhandari Memorial Park based on Mahadevsthan, Kathmandu. ', 'content' => '<p>April 26: Janata Bank has announced to support the conservation of Madan Bhandari Memorial Park based on Mahadevsthan, Kathmandu. The bank signed an agreement to take responsibility of daily cleanliness and conservation of the park for one year.</p> <p>According to the bank, it is conducting the programme under its corporate social responsibility. The park, which was constructed with the financial support of ward 32 of Kathmandu Metropolitan City and Kathmandu Valley Development Authority, was inaugurated on Tuesday, April 24. </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7861', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '8079', 'article_category_id' => '1', 'title' => 'Per Capita Income at Record High ', 'sub_title' => '', 'summary' => 'April 25: The Central Bureau of Statistics (CBS) has estimated that the country will see an economic growth of 5.89 percent in the current fiscal year.', 'content' => '<p>April 25: The Central Bureau of Statistics (CBS) has estimated that the country will see an economic growth of 5.89 percent in the current fiscal year.</p> <p>The National Accounts Statistics of CBS shows that the economic growth of the country will be below six percent. Meanwhile, the government while unveiling the budget of the current fiscal year had said that the economic growth of the Fiscal Year 2017/2018 would be seven percent.</p> <p>CBS unveiled the National Accounts Statistics on Wednesday. CBS also said that the gross domestic product (GDP) of the country will stand at USD 30 billion, which will be a growth of 5.89 percent.</p> <p>Similarly, the statistics shows that the per capita income of Nepal stood at USD 1,004 this FY, which is a rise of USD 142 in comparison to the last year. The per capita income of this year is a record high. The per capita income of Nepal in the last year stood at USD 862.</p> <p>Meanwhile, Asian Development Bank (ADB) and World Bank (WB) had projected the economic growth of the country at 4.9 percent and 4.6 percent, respectively.</p> <p>The statistics show that the service sector has a massive contribution of 58 percent in the overall economy. Likewise, the contribution of agricultural sector and manufacturing sector stood at 28 percent and 14 percent, respectively.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7860', 'image' => null, 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '8078', 'article_category_id' => '1', 'title' => 'More than Rs 100 billion spent on reconstruction after earthquake', 'sub_title' => '', 'summary' => 'April 25: The government has spent Rs 115.46 billion on reconstruction of private homes and other physical infrastructure in the last three years following the devastating earthquake of April 25, 2015.', 'content' => '<p>April 25: The government has spent Rs 115.46 billion on reconstruction of private homes and other physical infrastructure in the last three years following the devastating earthquake of April 25, 2015. The amount was spent on the reconstruction and repair of private residences, cultural heritages, government buildings, schools and health-posts which were complete or partially damaged by the earthquake, informed National Reconstruction Authority (NRA).</p> <p>The reconstruction activities have gathered pace in recent times but the achievements made in three years in not enough. Among the homeless earthquake victims, only 119,182 have constructed their houses. The number of private houses that are under construction is 403,089.</p> <p>The repair work of other physical infrastructures which carry historic value and are important from tourism perspective are also moving in snail's pace. According to NRA statistics, the reconstruction of only 100 heritage sites has been completed among 756 that were damaged by the earthquake.</p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7859', 'image' => null, 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '8074', 'article_category_id' => '1', 'title' => 'Buddha Air Announces to acquire its 11th aircraft', 'sub_title' => '', 'summary' => 'April 25: Buddha Air has announced to acquire additional aircraft to its fleet.', 'content' => '<p>April 25: Buddha Air has announced to acquire additional aircraft to its fleet.</p> <p>Officials of Buddha Air announced that the airline is currently preparing to acquire additional ATR 72-500 aircraft. It has been reported that the ATR 72-500 series aircraft is scheduled to arrive Kathmandu by June.</p> <p>All the necessary paperwork for the acquisition of the aircraft has been completed and the airline has also received approval for acquisition from the Civil Aviation Authority of Nepal, the company informed New Business Age.</p> <p>The ATR 72 has also been allocated with the call sign ‘9N-AMU’.</p> <p>Buddha considers ATR series aircraft to be very efficient from economic and environmental perspectives and has been providing its service with the ATR aircraft.</p> <p>The airline said in a press statement that it will have sufficient time for regular checking and maintenance of its fleet after the operation of the new aircraft. This will support the airline to operate flights smoothly.</p> <p>The upgrading project of Rajbiraj Airport is almost complete and the airline has decided to operate its flight from the airport and has requested the concerned authorities to establish a refueling facility on the airport premises.</p> <p>The company also stated that their core aim is to create ample seats for the passengers at affordable fares and complete the flights in time.</p> <p>With the addition of ‘9N-AMU’, the company will have 11 aircraft among which 6 aircraft are ATR 72-500, 3 ATR 42-300, 2 Beechcraft 1900D. The airline currently conducts scheduled flights to Biratnagar, Bhairahawa, Dhangadhi, Janakpur, Nepalgunj, Pokhara, Simara, Tumlingtar, Bhadrapur and Bharatpur. It also operates one-hour-long mountain flights.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7858', 'image' => '20180425054539_ATR.jpg', 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '8077', 'article_category_id' => '1', 'title' => 'Shangri-La Development Bank to Distribute Dividend', 'sub_title' => '', 'summary' => 'April 25: Shangri-La Development Bank has proposed to distribute 2.5 percent bonus share and 9.30 percent cash dividend.', 'content' => '<p>April 25: Shangri-La Development Bank has proposed to distribute 2.5 percent bonus share and 9.30 percent cash dividend. A meeting of the board of directors of the bank on April 23 took such decision.</p> <p>The bank has proposed to distribute the cash dividend retained from the paid-up capital after the issuance of right share in 10:8 ratio.</p> <p>The shareholder will receive the dividend after the proposal is approved by Nepal Rastra Bank and annual general meeting of Shangri-La Bank.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7857', 'image' => null, 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '8073', 'article_category_id' => '1', 'title' => 'Neco Insurance Settles Claim of Rs 50.5 million', 'sub_title' => '', 'summary' => 'April 25: Neco Insurance Limited, a non-life insurance company, has settled the claim of Rs 50.5 million made by Annapurna Impex of Biratnagar on April 23.', 'content' => '<p>April 25: Neco Insurance Limited, a non-life insurance company, has settled the claim of Rs 50.5 million made by Annapurna Impex of Biratnagar on April 23.</p> <p>Annapurna Impex had to bear a loss in stocks of electrical equipment during the flood of 2017. A cheque of Rs 50.5 million as compensation for the loss, was handed over to Rajendra Kumar Rathi, of Annpurna Impex by Narayan Gautam, branch manager of the company in Biratnagar.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7856', 'image' => '20180425041456_Neco full logo copy.jpg', 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '8076', 'article_category_id' => '1', 'title' => 'Profit of 13 Commercial Banks Increases ', 'sub_title' => '', 'summary' => 'April 25: The average net profit of 13 commercial banks have increased by 14.32 percent, according to the third quarterly financial details of the banks for the fiscal year 2017/18. The banks have recorded a total profit of Rs 2.10 billion more than the corresponding period of last FY.', 'content' => '<p>April 25: The average net profit of 13 commercial banks have increased by 14.32 percent, according to the third quarterly financial details of the banks for the fiscal year 2017/18. The banks have recorded a total profit of Rs 2.10 billion more than the corresponding period of last FY.</p> <p>The net interest of banks increased after their operation profit and net interest income increased. The collection of bad debt by banks also contributed to the increment of the net profit.</p> <p>Nepal Bank has recorded the highest net profit in the recently published financial details while Century Commercial Bank stands in the first position in terms of growth percentage. Net profit of Century Bank has reached Rs 630 million with an increase rate of 102.62 percent. The bank witnessed increase in net interest income and operation profit by 59.28 percent and 81.22 percent respectively. The bank has collected deposit amounting to Rs 52.73 billion and disbursed more than Rs 50 billion loan in the current fiscal year.</p> <p>The net profit of Nepal Bank in the current fiscal year stands at Rs 2.56 billion. Net interest income and operation profit of Nepal Bank increased by 12 percent and 41.67 percent respectively in the current fiscal year.</p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7855', 'image' => null, 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '8075', 'article_category_id' => '1', 'title' => 'Gurung and Limbu appointed Directors for Gurkha Finance ', 'sub_title' => '', 'summary' => 'April 25: Gurkha Finance has appointed Khadga Bahadur Gurung as the director of the company from among its general share holders. ', 'content' => '<p>April 25: Gurkha Finance has appointed Khadga Bahadur Gurung as the director of the company from among its general share holders. The organization also appointed Devi Prasad Limbu as the director from independent faculty.</p> <p>The Annual General Meeting of the company held on April 23 took such decision.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7853', 'image' => null, 'article_date' => '2018-04-25 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' => '8087', 'article_category_id' => '1', 'title' => 'Global IME to Support KNP Volleyball Tournament', 'sub_title' => '', 'summary' => 'April 26: Global IME Bank has announced to provide financial support worth Rs 200,000 for the Fourth KNP National Women’s Volleyball Tournament. ', 'content' => '<p>April 26: Global IME Bank has announced to provide financial support worth Rs 200,000 for the Fourth KNP National Women’s Volleyball Tournament. Janak Sharma Paudel, CEO of the bank and Gamali Khadka, patron of the KNP Foundation signed an agreement to this effect on Tuesday, April 24.</p> <p>On the occasion, Sharma said that this collaboration will continue in the days to come. The volleyball tournament will be organised under the main sponsorship of KNP Foundation and co-sponsorship of Shivam Cement. The estimated budget of the competition which will be held from May 4 to May 8 is Rs 1.8 million.</p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7868', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '8086', 'article_category_id' => '1', 'title' => 'New Notes of Rs 500 Denomination in the Market', 'sub_title' => '', 'summary' => 'April 26: Nepal Rastra Bank (NRB) has issued new notes of Rs 500 denomination. ', 'content' => '<p>April 26: Nepal Rastra Bank (NRB) has issued new notes of Rs 500 denomination. The new notes introduced on April 25 are similar in size and color to the previous ones but only the animal print has changed.</p> <p>Two small-sized tigers of the previous edition of Rs 500 have been replaced by a larger-sized tiger in the new notes, said Executive Director of Currency Management Department of NRB Laxmi P Niraula.</p> <p>According to the central bank, both previous and new notes will be in operation in the Nepali market.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7867', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '8085', 'article_category_id' => '1', 'title' => 'Mahindra's New Service Centre in Bhaktapour', 'sub_title' => '', 'summary' => 'April 26: Agni Moto Inc, a subsidiary of Agni Group and the authorized distributor of Mahindra two-wheelers in Nepal, has expanded its authorized 2S service network at Jagati, Bhaktapur.', 'content' => '<p>April 26: Agni Moto Inc, a subsidiary of Agni Group and the authorized distributor of Mahindra two-wheelers in Nepal, has expanded its authorized 2S service network at Jagati, Bhaktapur. The new service center named ‘Bikash Motorcycle Workshop’ has been opened with the objective of providing customers with an easy access to their servicing facility, according to the company. The company said that the service center will be offering service and genuine spare parts.</p> <p>With the establishment of the new authorized 2S network, Agni Moto Inc believes it will make it more convenient and economic for its customers of Bhaktapur and its surrounding areas to get access to the company and all its quality services.</p> <p>"This will further help to strengthen the trust between the customers and the company in the coming days," the company said in a statement.</p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7866', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '8084', 'article_category_id' => '1', 'title' => 'Coke Announces 40 Lucky Winners', 'sub_title' => 'Coke Kham, Russia Jaam Consumer Promotion 2018 Concludes', 'summary' => 'April 26: Coca-Cola in Nepal has concluded its campaign "Coke Kham, Russia Jaam" under which 40 winners have been selected to watch FIFA World Cup 2018 live in Russia.', 'content' => '<p>April 26: Coca-Cola in Nepal has concluded its campaign "Coke Kham, Russia Jaam" under which 40 winners have been selected to watch FIFA World Cup 2018 live in Russia. The company said in a statement that the winners of the Russia trip will get a chance to watch live World Cup 2018 in Russia with all expenses paid for tickets and accommodation.</p> <p>The campaign started on February 15 and ended on April 15. The company has announced the names of 40 lucky consumers who won the Russia trip, 18 consumers who won 24" LED TVs and more than 10,000 consumers won Coke and FIFA World Cup merchandise featuring items like speakers, headphones, pen drives etc.</p> <p>"This campaign is by far the biggest consumer promotional campaign brought to the general consumers by Coca-Cola in Nepal," the statement said, adding, "The 40 people going to Russia to watch live FIFA World Cup 2018 are indeed lucky to have won such grand opportunity. Not only is it a golden opportunity to all the winners but it's a really proud moment for all the Nepalese people as such large number of Nepali citizens is going to watch the most anticipated FIFA World Cup Live, in sports history."</p> <p>Ambuj Singh, country director of Coca-Cola for Nepal, said, “We are extremely happy to bring a campaign this big in the history of Coca-Cola consumer promotion. This is by far one of the biggest consumer promotion with offers 40 winners to watch live World Cup in Russia, 24" LED TVs and daily merchandises. We had high engagement throughout the campaign and we are happy for the support from our consumers. We feel their excitement and satisfaction with our product which gives us further encouragement and inspiration to organize such campaigns in the near future. We are grateful towards all our consumers for making this campaign an exceptional hit."</p> <p>Puneet Varshney, managing director of Bottlers Nepal Limited, said, "Coke Kham, Russia Jaam consumer promotion is one of a kind campaign. We received overwhelming response from our consumers. It's not every day that consumers come across such a grand offer. I am thankful towards all the retailers and affiliated organizations for making this campaign a huge success. It would not have been possible without their support and commitment. We are truly thankful towards all the consumers, implementation partners and to all our valued retailers who helped us reach out to every consumer through this campaign."</p> <p> </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7865', 'image' => '20180426014300_Picture (1).jpg', 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '8083', 'article_category_id' => '1', 'title' => 'Prabhu Bank Provides Computers to a School', 'sub_title' => '', 'summary' => 'April 26: Prabhu Bank has provided five sets of computers to Chandeshwori Higher Secondary School of Banepa, Kavre. ', 'content' => '<p>April 26: Prabhu Bank has provided five sets of computers to Chandeshwori Higher Secondary School of Banepa, Kavre. The bank's CEO Ashok Sherchan handed over the computers to Ugrachandi Nala Samaj's Chairman Chandra Lal Shrestha amid a function on Wednesday, April 25.</p> <p> The bank said it lent the support to the school under its corporate social responsibility.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7864', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '8082', 'article_category_id' => '1', 'title' => 'NT Supports Different Organisations', 'sub_title' => '', 'summary' => 'April 25: Nepal Telecom has supported different organizations in various parts of the country on the occasion of its 14th anniversary.', 'content' => '<p>April 25: Nepal Telecom has supported different organizations in various parts of the country on the occasion of its 14<sup>th</sup> anniversary. The state-owned company provided blankets to different hospitals and also set up information communication technology (ICT) center at different community schools across the nation under its corporate social responsibility.</p> <p>The company distributed 25 sets of blankets each to Biratnagar Hospital of Koshi, Birgunj of Narayani, Bhaktapur Cancer Hospital of Bagmati, Nepalgunj of Bheri , and Mahendranagar of Mahakali zones. The company said it would provide blankets to the hospital of Lumbini Zone as well. The company's Managing Director Kamini Rajbhandari handed over 25 sets of blankets to the director of Bhaktapur Cancer Hospital, Dr Rishikesh Narayan Shrestha . The blankets will be utilized for the patients of the hospital.</p> <p>Likewise, the company also delivered 25 sets of blankets to the residents of Udayapurgadi Rural Municipality.</p> <p>The company has planned to establish ICT center at community schools in six districts and other earthquake-affected districts. NT has already set up ICT centers in 11 earthquake-affected districts. The company has almost finished establishing the center in the community schools of Lamjung, Dadelhura, Udayapur, Jumla and Rukum.</p> <p>Meanwhile, Dr Rajbhandari inaugurated the ICT center at Shanti Niketan Secondary School under the support of the company. The company also provided five sets of computer, five sets of web cameras, five sets of headphones and one set of three-in-one printer to the center. For the utilization of the materials, the company even offered one line WiMAX data connection, wifi router, and ODU. Similarly, the company has also arranged 30 GB of monthly data free of cost for two years.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7863', 'image' => '20180426011733_ntc.jpg', 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '8081', 'article_category_id' => '1', 'title' => 'Mangalbare Branch of Kankai Bikas Bank', 'sub_title' => '', 'summary' => 'April 26: Kankai Bikas Bank Ltd has opened its 13th branch at Mangalbare of Morang district. ', 'content' => '<p>April 26: Kankai Bikas Bank Ltd has opened its 13<sup>th</sup> branch at Mangalbare of Morang district. The formal inauguration of the branch was made by Minister for Financial Affairs and Planning of Province 1, Indra Bahadur Angbo.</p> <p>Stating that the expansion of the bank contributes to the national economy, Minister Angbo appealed to all the banks to extend their network across the nation as much as possible.</p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7862', 'image' => '20180426020130_Mangalbare-Photo.jpg', 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '8080', 'article_category_id' => '1', 'title' => 'Janata Bank to Look After Madan Bhandari Memorial Park', 'sub_title' => '', 'summary' => 'April 26: Janata Bank has announced to support the conservation of Madan Bhandari Memorial Park based on Mahadevsthan, Kathmandu. ', 'content' => '<p>April 26: Janata Bank has announced to support the conservation of Madan Bhandari Memorial Park based on Mahadevsthan, Kathmandu. The bank signed an agreement to take responsibility of daily cleanliness and conservation of the park for one year.</p> <p>According to the bank, it is conducting the programme under its corporate social responsibility. The park, which was constructed with the financial support of ward 32 of Kathmandu Metropolitan City and Kathmandu Valley Development Authority, was inaugurated on Tuesday, April 24. </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7861', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '8079', 'article_category_id' => '1', 'title' => 'Per Capita Income at Record High ', 'sub_title' => '', 'summary' => 'April 25: The Central Bureau of Statistics (CBS) has estimated that the country will see an economic growth of 5.89 percent in the current fiscal year.', 'content' => '<p>April 25: The Central Bureau of Statistics (CBS) has estimated that the country will see an economic growth of 5.89 percent in the current fiscal year.</p> <p>The National Accounts Statistics of CBS shows that the economic growth of the country will be below six percent. Meanwhile, the government while unveiling the budget of the current fiscal year had said that the economic growth of the Fiscal Year 2017/2018 would be seven percent.</p> <p>CBS unveiled the National Accounts Statistics on Wednesday. CBS also said that the gross domestic product (GDP) of the country will stand at USD 30 billion, which will be a growth of 5.89 percent.</p> <p>Similarly, the statistics shows that the per capita income of Nepal stood at USD 1,004 this FY, which is a rise of USD 142 in comparison to the last year. The per capita income of this year is a record high. The per capita income of Nepal in the last year stood at USD 862.</p> <p>Meanwhile, Asian Development Bank (ADB) and World Bank (WB) had projected the economic growth of the country at 4.9 percent and 4.6 percent, respectively.</p> <p>The statistics show that the service sector has a massive contribution of 58 percent in the overall economy. Likewise, the contribution of agricultural sector and manufacturing sector stood at 28 percent and 14 percent, respectively.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7860', 'image' => null, 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '8078', 'article_category_id' => '1', 'title' => 'More than Rs 100 billion spent on reconstruction after earthquake', 'sub_title' => '', 'summary' => 'April 25: The government has spent Rs 115.46 billion on reconstruction of private homes and other physical infrastructure in the last three years following the devastating earthquake of April 25, 2015.', 'content' => '<p>April 25: The government has spent Rs 115.46 billion on reconstruction of private homes and other physical infrastructure in the last three years following the devastating earthquake of April 25, 2015. The amount was spent on the reconstruction and repair of private residences, cultural heritages, government buildings, schools and health-posts which were complete or partially damaged by the earthquake, informed National Reconstruction Authority (NRA).</p> <p>The reconstruction activities have gathered pace in recent times but the achievements made in three years in not enough. Among the homeless earthquake victims, only 119,182 have constructed their houses. The number of private houses that are under construction is 403,089.</p> <p>The repair work of other physical infrastructures which carry historic value and are important from tourism perspective are also moving in snail's pace. According to NRA statistics, the reconstruction of only 100 heritage sites has been completed among 756 that were damaged by the earthquake.</p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7859', 'image' => null, 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '8074', 'article_category_id' => '1', 'title' => 'Buddha Air Announces to acquire its 11th aircraft', 'sub_title' => '', 'summary' => 'April 25: Buddha Air has announced to acquire additional aircraft to its fleet.', 'content' => '<p>April 25: Buddha Air has announced to acquire additional aircraft to its fleet.</p> <p>Officials of Buddha Air announced that the airline is currently preparing to acquire additional ATR 72-500 aircraft. It has been reported that the ATR 72-500 series aircraft is scheduled to arrive Kathmandu by June.</p> <p>All the necessary paperwork for the acquisition of the aircraft has been completed and the airline has also received approval for acquisition from the Civil Aviation Authority of Nepal, the company informed New Business Age.</p> <p>The ATR 72 has also been allocated with the call sign ‘9N-AMU’.</p> <p>Buddha considers ATR series aircraft to be very efficient from economic and environmental perspectives and has been providing its service with the ATR aircraft.</p> <p>The airline said in a press statement that it will have sufficient time for regular checking and maintenance of its fleet after the operation of the new aircraft. This will support the airline to operate flights smoothly.</p> <p>The upgrading project of Rajbiraj Airport is almost complete and the airline has decided to operate its flight from the airport and has requested the concerned authorities to establish a refueling facility on the airport premises.</p> <p>The company also stated that their core aim is to create ample seats for the passengers at affordable fares and complete the flights in time.</p> <p>With the addition of ‘9N-AMU’, the company will have 11 aircraft among which 6 aircraft are ATR 72-500, 3 ATR 42-300, 2 Beechcraft 1900D. The airline currently conducts scheduled flights to Biratnagar, Bhairahawa, Dhangadhi, Janakpur, Nepalgunj, Pokhara, Simara, Tumlingtar, Bhadrapur and Bharatpur. It also operates one-hour-long mountain flights.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7858', 'image' => '20180425054539_ATR.jpg', 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '8077', 'article_category_id' => '1', 'title' => 'Shangri-La Development Bank to Distribute Dividend', 'sub_title' => '', 'summary' => 'April 25: Shangri-La Development Bank has proposed to distribute 2.5 percent bonus share and 9.30 percent cash dividend.', 'content' => '<p>April 25: Shangri-La Development Bank has proposed to distribute 2.5 percent bonus share and 9.30 percent cash dividend. A meeting of the board of directors of the bank on April 23 took such decision.</p> <p>The bank has proposed to distribute the cash dividend retained from the paid-up capital after the issuance of right share in 10:8 ratio.</p> <p>The shareholder will receive the dividend after the proposal is approved by Nepal Rastra Bank and annual general meeting of Shangri-La Bank.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7857', 'image' => null, 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '8073', 'article_category_id' => '1', 'title' => 'Neco Insurance Settles Claim of Rs 50.5 million', 'sub_title' => '', 'summary' => 'April 25: Neco Insurance Limited, a non-life insurance company, has settled the claim of Rs 50.5 million made by Annapurna Impex of Biratnagar on April 23.', 'content' => '<p>April 25: Neco Insurance Limited, a non-life insurance company, has settled the claim of Rs 50.5 million made by Annapurna Impex of Biratnagar on April 23.</p> <p>Annapurna Impex had to bear a loss in stocks of electrical equipment during the flood of 2017. A cheque of Rs 50.5 million as compensation for the loss, was handed over to Rajendra Kumar Rathi, of Annpurna Impex by Narayan Gautam, branch manager of the company in Biratnagar.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7856', 'image' => '20180425041456_Neco full logo copy.jpg', 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '8076', 'article_category_id' => '1', 'title' => 'Profit of 13 Commercial Banks Increases ', 'sub_title' => '', 'summary' => 'April 25: The average net profit of 13 commercial banks have increased by 14.32 percent, according to the third quarterly financial details of the banks for the fiscal year 2017/18. The banks have recorded a total profit of Rs 2.10 billion more than the corresponding period of last FY.', 'content' => '<p>April 25: The average net profit of 13 commercial banks have increased by 14.32 percent, according to the third quarterly financial details of the banks for the fiscal year 2017/18. The banks have recorded a total profit of Rs 2.10 billion more than the corresponding period of last FY.</p> <p>The net interest of banks increased after their operation profit and net interest income increased. The collection of bad debt by banks also contributed to the increment of the net profit.</p> <p>Nepal Bank has recorded the highest net profit in the recently published financial details while Century Commercial Bank stands in the first position in terms of growth percentage. Net profit of Century Bank has reached Rs 630 million with an increase rate of 102.62 percent. The bank witnessed increase in net interest income and operation profit by 59.28 percent and 81.22 percent respectively. The bank has collected deposit amounting to Rs 52.73 billion and disbursed more than Rs 50 billion loan in the current fiscal year.</p> <p>The net profit of Nepal Bank in the current fiscal year stands at Rs 2.56 billion. Net interest income and operation profit of Nepal Bank increased by 12 percent and 41.67 percent respectively in the current fiscal year.</p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7855', 'image' => null, 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '8075', 'article_category_id' => '1', 'title' => 'Gurung and Limbu appointed Directors for Gurkha Finance ', 'sub_title' => '', 'summary' => 'April 25: Gurkha Finance has appointed Khadga Bahadur Gurung as the director of the company from among its general share holders. ', 'content' => '<p>April 25: Gurkha Finance has appointed Khadga Bahadur Gurung as the director of the company from among its general share holders. The organization also appointed Devi Prasad Limbu as the director from independent faculty.</p> <p>The Annual General Meeting of the company held on April 23 took such decision.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7853', 'image' => null, 'article_date' => '2018-04-25 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' => '8087', 'article_category_id' => '1', 'title' => 'Global IME to Support KNP Volleyball Tournament', 'sub_title' => '', 'summary' => 'April 26: Global IME Bank has announced to provide financial support worth Rs 200,000 for the Fourth KNP National Women’s Volleyball Tournament. ', 'content' => '<p>April 26: Global IME Bank has announced to provide financial support worth Rs 200,000 for the Fourth KNP National Women’s Volleyball Tournament. Janak Sharma Paudel, CEO of the bank and Gamali Khadka, patron of the KNP Foundation signed an agreement to this effect on Tuesday, April 24.</p> <p>On the occasion, Sharma said that this collaboration will continue in the days to come. The volleyball tournament will be organised under the main sponsorship of KNP Foundation and co-sponsorship of Shivam Cement. The estimated budget of the competition which will be held from May 4 to May 8 is Rs 1.8 million.</p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7868', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '8086', 'article_category_id' => '1', 'title' => 'New Notes of Rs 500 Denomination in the Market', 'sub_title' => '', 'summary' => 'April 26: Nepal Rastra Bank (NRB) has issued new notes of Rs 500 denomination. ', 'content' => '<p>April 26: Nepal Rastra Bank (NRB) has issued new notes of Rs 500 denomination. The new notes introduced on April 25 are similar in size and color to the previous ones but only the animal print has changed.</p> <p>Two small-sized tigers of the previous edition of Rs 500 have been replaced by a larger-sized tiger in the new notes, said Executive Director of Currency Management Department of NRB Laxmi P Niraula.</p> <p>According to the central bank, both previous and new notes will be in operation in the Nepali market.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7867', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '8085', 'article_category_id' => '1', 'title' => 'Mahindra's New Service Centre in Bhaktapour', 'sub_title' => '', 'summary' => 'April 26: Agni Moto Inc, a subsidiary of Agni Group and the authorized distributor of Mahindra two-wheelers in Nepal, has expanded its authorized 2S service network at Jagati, Bhaktapur.', 'content' => '<p>April 26: Agni Moto Inc, a subsidiary of Agni Group and the authorized distributor of Mahindra two-wheelers in Nepal, has expanded its authorized 2S service network at Jagati, Bhaktapur. The new service center named ‘Bikash Motorcycle Workshop’ has been opened with the objective of providing customers with an easy access to their servicing facility, according to the company. The company said that the service center will be offering service and genuine spare parts.</p> <p>With the establishment of the new authorized 2S network, Agni Moto Inc believes it will make it more convenient and economic for its customers of Bhaktapur and its surrounding areas to get access to the company and all its quality services.</p> <p>"This will further help to strengthen the trust between the customers and the company in the coming days," the company said in a statement.</p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7866', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '8084', 'article_category_id' => '1', 'title' => 'Coke Announces 40 Lucky Winners', 'sub_title' => 'Coke Kham, Russia Jaam Consumer Promotion 2018 Concludes', 'summary' => 'April 26: Coca-Cola in Nepal has concluded its campaign "Coke Kham, Russia Jaam" under which 40 winners have been selected to watch FIFA World Cup 2018 live in Russia.', 'content' => '<p>April 26: Coca-Cola in Nepal has concluded its campaign "Coke Kham, Russia Jaam" under which 40 winners have been selected to watch FIFA World Cup 2018 live in Russia. The company said in a statement that the winners of the Russia trip will get a chance to watch live World Cup 2018 in Russia with all expenses paid for tickets and accommodation.</p> <p>The campaign started on February 15 and ended on April 15. The company has announced the names of 40 lucky consumers who won the Russia trip, 18 consumers who won 24" LED TVs and more than 10,000 consumers won Coke and FIFA World Cup merchandise featuring items like speakers, headphones, pen drives etc.</p> <p>"This campaign is by far the biggest consumer promotional campaign brought to the general consumers by Coca-Cola in Nepal," the statement said, adding, "The 40 people going to Russia to watch live FIFA World Cup 2018 are indeed lucky to have won such grand opportunity. Not only is it a golden opportunity to all the winners but it's a really proud moment for all the Nepalese people as such large number of Nepali citizens is going to watch the most anticipated FIFA World Cup Live, in sports history."</p> <p>Ambuj Singh, country director of Coca-Cola for Nepal, said, “We are extremely happy to bring a campaign this big in the history of Coca-Cola consumer promotion. This is by far one of the biggest consumer promotion with offers 40 winners to watch live World Cup in Russia, 24" LED TVs and daily merchandises. We had high engagement throughout the campaign and we are happy for the support from our consumers. We feel their excitement and satisfaction with our product which gives us further encouragement and inspiration to organize such campaigns in the near future. We are grateful towards all our consumers for making this campaign an exceptional hit."</p> <p>Puneet Varshney, managing director of Bottlers Nepal Limited, said, "Coke Kham, Russia Jaam consumer promotion is one of a kind campaign. We received overwhelming response from our consumers. It's not every day that consumers come across such a grand offer. I am thankful towards all the retailers and affiliated organizations for making this campaign a huge success. It would not have been possible without their support and commitment. We are truly thankful towards all the consumers, implementation partners and to all our valued retailers who helped us reach out to every consumer through this campaign."</p> <p> </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7865', 'image' => '20180426014300_Picture (1).jpg', 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '8083', 'article_category_id' => '1', 'title' => 'Prabhu Bank Provides Computers to a School', 'sub_title' => '', 'summary' => 'April 26: Prabhu Bank has provided five sets of computers to Chandeshwori Higher Secondary School of Banepa, Kavre. ', 'content' => '<p>April 26: Prabhu Bank has provided five sets of computers to Chandeshwori Higher Secondary School of Banepa, Kavre. The bank's CEO Ashok Sherchan handed over the computers to Ugrachandi Nala Samaj's Chairman Chandra Lal Shrestha amid a function on Wednesday, April 25.</p> <p> The bank said it lent the support to the school under its corporate social responsibility.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7864', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '8082', 'article_category_id' => '1', 'title' => 'NT Supports Different Organisations', 'sub_title' => '', 'summary' => 'April 25: Nepal Telecom has supported different organizations in various parts of the country on the occasion of its 14th anniversary.', 'content' => '<p>April 25: Nepal Telecom has supported different organizations in various parts of the country on the occasion of its 14<sup>th</sup> anniversary. The state-owned company provided blankets to different hospitals and also set up information communication technology (ICT) center at different community schools across the nation under its corporate social responsibility.</p> <p>The company distributed 25 sets of blankets each to Biratnagar Hospital of Koshi, Birgunj of Narayani, Bhaktapur Cancer Hospital of Bagmati, Nepalgunj of Bheri , and Mahendranagar of Mahakali zones. The company said it would provide blankets to the hospital of Lumbini Zone as well. The company's Managing Director Kamini Rajbhandari handed over 25 sets of blankets to the director of Bhaktapur Cancer Hospital, Dr Rishikesh Narayan Shrestha . The blankets will be utilized for the patients of the hospital.</p> <p>Likewise, the company also delivered 25 sets of blankets to the residents of Udayapurgadi Rural Municipality.</p> <p>The company has planned to establish ICT center at community schools in six districts and other earthquake-affected districts. NT has already set up ICT centers in 11 earthquake-affected districts. The company has almost finished establishing the center in the community schools of Lamjung, Dadelhura, Udayapur, Jumla and Rukum.</p> <p>Meanwhile, Dr Rajbhandari inaugurated the ICT center at Shanti Niketan Secondary School under the support of the company. The company also provided five sets of computer, five sets of web cameras, five sets of headphones and one set of three-in-one printer to the center. For the utilization of the materials, the company even offered one line WiMAX data connection, wifi router, and ODU. Similarly, the company has also arranged 30 GB of monthly data free of cost for two years.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7863', 'image' => '20180426011733_ntc.jpg', 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '8081', 'article_category_id' => '1', 'title' => 'Mangalbare Branch of Kankai Bikas Bank', 'sub_title' => '', 'summary' => 'April 26: Kankai Bikas Bank Ltd has opened its 13th branch at Mangalbare of Morang district. ', 'content' => '<p>April 26: Kankai Bikas Bank Ltd has opened its 13<sup>th</sup> branch at Mangalbare of Morang district. The formal inauguration of the branch was made by Minister for Financial Affairs and Planning of Province 1, Indra Bahadur Angbo.</p> <p>Stating that the expansion of the bank contributes to the national economy, Minister Angbo appealed to all the banks to extend their network across the nation as much as possible.</p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7862', 'image' => '20180426020130_Mangalbare-Photo.jpg', 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '8080', 'article_category_id' => '1', 'title' => 'Janata Bank to Look After Madan Bhandari Memorial Park', 'sub_title' => '', 'summary' => 'April 26: Janata Bank has announced to support the conservation of Madan Bhandari Memorial Park based on Mahadevsthan, Kathmandu. ', 'content' => '<p>April 26: Janata Bank has announced to support the conservation of Madan Bhandari Memorial Park based on Mahadevsthan, Kathmandu. The bank signed an agreement to take responsibility of daily cleanliness and conservation of the park for one year.</p> <p>According to the bank, it is conducting the programme under its corporate social responsibility. The park, which was constructed with the financial support of ward 32 of Kathmandu Metropolitan City and Kathmandu Valley Development Authority, was inaugurated on Tuesday, April 24. </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7861', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '8079', 'article_category_id' => '1', 'title' => 'Per Capita Income at Record High ', 'sub_title' => '', 'summary' => 'April 25: The Central Bureau of Statistics (CBS) has estimated that the country will see an economic growth of 5.89 percent in the current fiscal year.', 'content' => '<p>April 25: The Central Bureau of Statistics (CBS) has estimated that the country will see an economic growth of 5.89 percent in the current fiscal year.</p> <p>The National Accounts Statistics of CBS shows that the economic growth of the country will be below six percent. Meanwhile, the government while unveiling the budget of the current fiscal year had said that the economic growth of the Fiscal Year 2017/2018 would be seven percent.</p> <p>CBS unveiled the National Accounts Statistics on Wednesday. CBS also said that the gross domestic product (GDP) of the country will stand at USD 30 billion, which will be a growth of 5.89 percent.</p> <p>Similarly, the statistics shows that the per capita income of Nepal stood at USD 1,004 this FY, which is a rise of USD 142 in comparison to the last year. The per capita income of this year is a record high. The per capita income of Nepal in the last year stood at USD 862.</p> <p>Meanwhile, Asian Development Bank (ADB) and World Bank (WB) had projected the economic growth of the country at 4.9 percent and 4.6 percent, respectively.</p> <p>The statistics show that the service sector has a massive contribution of 58 percent in the overall economy. Likewise, the contribution of agricultural sector and manufacturing sector stood at 28 percent and 14 percent, respectively.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7860', 'image' => null, 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '8078', 'article_category_id' => '1', 'title' => 'More than Rs 100 billion spent on reconstruction after earthquake', 'sub_title' => '', 'summary' => 'April 25: The government has spent Rs 115.46 billion on reconstruction of private homes and other physical infrastructure in the last three years following the devastating earthquake of April 25, 2015.', 'content' => '<p>April 25: The government has spent Rs 115.46 billion on reconstruction of private homes and other physical infrastructure in the last three years following the devastating earthquake of April 25, 2015. The amount was spent on the reconstruction and repair of private residences, cultural heritages, government buildings, schools and health-posts which were complete or partially damaged by the earthquake, informed National Reconstruction Authority (NRA).</p> <p>The reconstruction activities have gathered pace in recent times but the achievements made in three years in not enough. Among the homeless earthquake victims, only 119,182 have constructed their houses. The number of private houses that are under construction is 403,089.</p> <p>The repair work of other physical infrastructures which carry historic value and are important from tourism perspective are also moving in snail's pace. According to NRA statistics, the reconstruction of only 100 heritage sites has been completed among 756 that were damaged by the earthquake.</p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7859', 'image' => null, 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '8074', 'article_category_id' => '1', 'title' => 'Buddha Air Announces to acquire its 11th aircraft', 'sub_title' => '', 'summary' => 'April 25: Buddha Air has announced to acquire additional aircraft to its fleet.', 'content' => '<p>April 25: Buddha Air has announced to acquire additional aircraft to its fleet.</p> <p>Officials of Buddha Air announced that the airline is currently preparing to acquire additional ATR 72-500 aircraft. It has been reported that the ATR 72-500 series aircraft is scheduled to arrive Kathmandu by June.</p> <p>All the necessary paperwork for the acquisition of the aircraft has been completed and the airline has also received approval for acquisition from the Civil Aviation Authority of Nepal, the company informed New Business Age.</p> <p>The ATR 72 has also been allocated with the call sign ‘9N-AMU’.</p> <p>Buddha considers ATR series aircraft to be very efficient from economic and environmental perspectives and has been providing its service with the ATR aircraft.</p> <p>The airline said in a press statement that it will have sufficient time for regular checking and maintenance of its fleet after the operation of the new aircraft. This will support the airline to operate flights smoothly.</p> <p>The upgrading project of Rajbiraj Airport is almost complete and the airline has decided to operate its flight from the airport and has requested the concerned authorities to establish a refueling facility on the airport premises.</p> <p>The company also stated that their core aim is to create ample seats for the passengers at affordable fares and complete the flights in time.</p> <p>With the addition of ‘9N-AMU’, the company will have 11 aircraft among which 6 aircraft are ATR 72-500, 3 ATR 42-300, 2 Beechcraft 1900D. The airline currently conducts scheduled flights to Biratnagar, Bhairahawa, Dhangadhi, Janakpur, Nepalgunj, Pokhara, Simara, Tumlingtar, Bhadrapur and Bharatpur. It also operates one-hour-long mountain flights.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7858', 'image' => '20180425054539_ATR.jpg', 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '8077', 'article_category_id' => '1', 'title' => 'Shangri-La Development Bank to Distribute Dividend', 'sub_title' => '', 'summary' => 'April 25: Shangri-La Development Bank has proposed to distribute 2.5 percent bonus share and 9.30 percent cash dividend.', 'content' => '<p>April 25: Shangri-La Development Bank has proposed to distribute 2.5 percent bonus share and 9.30 percent cash dividend. A meeting of the board of directors of the bank on April 23 took such decision.</p> <p>The bank has proposed to distribute the cash dividend retained from the paid-up capital after the issuance of right share in 10:8 ratio.</p> <p>The shareholder will receive the dividend after the proposal is approved by Nepal Rastra Bank and annual general meeting of Shangri-La Bank.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7857', 'image' => null, 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '8073', 'article_category_id' => '1', 'title' => 'Neco Insurance Settles Claim of Rs 50.5 million', 'sub_title' => '', 'summary' => 'April 25: Neco Insurance Limited, a non-life insurance company, has settled the claim of Rs 50.5 million made by Annapurna Impex of Biratnagar on April 23.', 'content' => '<p>April 25: Neco Insurance Limited, a non-life insurance company, has settled the claim of Rs 50.5 million made by Annapurna Impex of Biratnagar on April 23.</p> <p>Annapurna Impex had to bear a loss in stocks of electrical equipment during the flood of 2017. A cheque of Rs 50.5 million as compensation for the loss, was handed over to Rajendra Kumar Rathi, of Annpurna Impex by Narayan Gautam, branch manager of the company in Biratnagar.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7856', 'image' => '20180425041456_Neco full logo copy.jpg', 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '8076', 'article_category_id' => '1', 'title' => 'Profit of 13 Commercial Banks Increases ', 'sub_title' => '', 'summary' => 'April 25: The average net profit of 13 commercial banks have increased by 14.32 percent, according to the third quarterly financial details of the banks for the fiscal year 2017/18. The banks have recorded a total profit of Rs 2.10 billion more than the corresponding period of last FY.', 'content' => '<p>April 25: The average net profit of 13 commercial banks have increased by 14.32 percent, according to the third quarterly financial details of the banks for the fiscal year 2017/18. The banks have recorded a total profit of Rs 2.10 billion more than the corresponding period of last FY.</p> <p>The net interest of banks increased after their operation profit and net interest income increased. The collection of bad debt by banks also contributed to the increment of the net profit.</p> <p>Nepal Bank has recorded the highest net profit in the recently published financial details while Century Commercial Bank stands in the first position in terms of growth percentage. Net profit of Century Bank has reached Rs 630 million with an increase rate of 102.62 percent. The bank witnessed increase in net interest income and operation profit by 59.28 percent and 81.22 percent respectively. The bank has collected deposit amounting to Rs 52.73 billion and disbursed more than Rs 50 billion loan in the current fiscal year.</p> <p>The net profit of Nepal Bank in the current fiscal year stands at Rs 2.56 billion. Net interest income and operation profit of Nepal Bank increased by 12 percent and 41.67 percent respectively in the current fiscal year.</p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7855', 'image' => null, 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '8075', 'article_category_id' => '1', 'title' => 'Gurung and Limbu appointed Directors for Gurkha Finance ', 'sub_title' => '', 'summary' => 'April 25: Gurkha Finance has appointed Khadga Bahadur Gurung as the director of the company from among its general share holders. ', 'content' => '<p>April 25: Gurkha Finance has appointed Khadga Bahadur Gurung as the director of the company from among its general share holders. The organization also appointed Devi Prasad Limbu as the director from independent faculty.</p> <p>The Annual General Meeting of the company held on April 23 took such decision.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7853', 'image' => null, 'article_date' => '2018-04-25 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' => '8087', 'article_category_id' => '1', 'title' => 'Global IME to Support KNP Volleyball Tournament', 'sub_title' => '', 'summary' => 'April 26: Global IME Bank has announced to provide financial support worth Rs 200,000 for the Fourth KNP National Women’s Volleyball Tournament. ', 'content' => '<p>April 26: Global IME Bank has announced to provide financial support worth Rs 200,000 for the Fourth KNP National Women’s Volleyball Tournament. Janak Sharma Paudel, CEO of the bank and Gamali Khadka, patron of the KNP Foundation signed an agreement to this effect on Tuesday, April 24.</p> <p>On the occasion, Sharma said that this collaboration will continue in the days to come. The volleyball tournament will be organised under the main sponsorship of KNP Foundation and co-sponsorship of Shivam Cement. The estimated budget of the competition which will be held from May 4 to May 8 is Rs 1.8 million.</p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7868', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '8086', 'article_category_id' => '1', 'title' => 'New Notes of Rs 500 Denomination in the Market', 'sub_title' => '', 'summary' => 'April 26: Nepal Rastra Bank (NRB) has issued new notes of Rs 500 denomination. ', 'content' => '<p>April 26: Nepal Rastra Bank (NRB) has issued new notes of Rs 500 denomination. The new notes introduced on April 25 are similar in size and color to the previous ones but only the animal print has changed.</p> <p>Two small-sized tigers of the previous edition of Rs 500 have been replaced by a larger-sized tiger in the new notes, said Executive Director of Currency Management Department of NRB Laxmi P Niraula.</p> <p>According to the central bank, both previous and new notes will be in operation in the Nepali market.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7867', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '8085', 'article_category_id' => '1', 'title' => 'Mahindra's New Service Centre in Bhaktapour', 'sub_title' => '', 'summary' => 'April 26: Agni Moto Inc, a subsidiary of Agni Group and the authorized distributor of Mahindra two-wheelers in Nepal, has expanded its authorized 2S service network at Jagati, Bhaktapur.', 'content' => '<p>April 26: Agni Moto Inc, a subsidiary of Agni Group and the authorized distributor of Mahindra two-wheelers in Nepal, has expanded its authorized 2S service network at Jagati, Bhaktapur. The new service center named ‘Bikash Motorcycle Workshop’ has been opened with the objective of providing customers with an easy access to their servicing facility, according to the company. The company said that the service center will be offering service and genuine spare parts.</p> <p>With the establishment of the new authorized 2S network, Agni Moto Inc believes it will make it more convenient and economic for its customers of Bhaktapur and its surrounding areas to get access to the company and all its quality services.</p> <p>"This will further help to strengthen the trust between the customers and the company in the coming days," the company said in a statement.</p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7866', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '8084', 'article_category_id' => '1', 'title' => 'Coke Announces 40 Lucky Winners', 'sub_title' => 'Coke Kham, Russia Jaam Consumer Promotion 2018 Concludes', 'summary' => 'April 26: Coca-Cola in Nepal has concluded its campaign "Coke Kham, Russia Jaam" under which 40 winners have been selected to watch FIFA World Cup 2018 live in Russia.', 'content' => '<p>April 26: Coca-Cola in Nepal has concluded its campaign "Coke Kham, Russia Jaam" under which 40 winners have been selected to watch FIFA World Cup 2018 live in Russia. The company said in a statement that the winners of the Russia trip will get a chance to watch live World Cup 2018 in Russia with all expenses paid for tickets and accommodation.</p> <p>The campaign started on February 15 and ended on April 15. The company has announced the names of 40 lucky consumers who won the Russia trip, 18 consumers who won 24" LED TVs and more than 10,000 consumers won Coke and FIFA World Cup merchandise featuring items like speakers, headphones, pen drives etc.</p> <p>"This campaign is by far the biggest consumer promotional campaign brought to the general consumers by Coca-Cola in Nepal," the statement said, adding, "The 40 people going to Russia to watch live FIFA World Cup 2018 are indeed lucky to have won such grand opportunity. Not only is it a golden opportunity to all the winners but it's a really proud moment for all the Nepalese people as such large number of Nepali citizens is going to watch the most anticipated FIFA World Cup Live, in sports history."</p> <p>Ambuj Singh, country director of Coca-Cola for Nepal, said, “We are extremely happy to bring a campaign this big in the history of Coca-Cola consumer promotion. This is by far one of the biggest consumer promotion with offers 40 winners to watch live World Cup in Russia, 24" LED TVs and daily merchandises. We had high engagement throughout the campaign and we are happy for the support from our consumers. We feel their excitement and satisfaction with our product which gives us further encouragement and inspiration to organize such campaigns in the near future. We are grateful towards all our consumers for making this campaign an exceptional hit."</p> <p>Puneet Varshney, managing director of Bottlers Nepal Limited, said, "Coke Kham, Russia Jaam consumer promotion is one of a kind campaign. We received overwhelming response from our consumers. It's not every day that consumers come across such a grand offer. I am thankful towards all the retailers and affiliated organizations for making this campaign a huge success. It would not have been possible without their support and commitment. We are truly thankful towards all the consumers, implementation partners and to all our valued retailers who helped us reach out to every consumer through this campaign."</p> <p> </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7865', 'image' => '20180426014300_Picture (1).jpg', 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '8083', 'article_category_id' => '1', 'title' => 'Prabhu Bank Provides Computers to a School', 'sub_title' => '', 'summary' => 'April 26: Prabhu Bank has provided five sets of computers to Chandeshwori Higher Secondary School of Banepa, Kavre. ', 'content' => '<p>April 26: Prabhu Bank has provided five sets of computers to Chandeshwori Higher Secondary School of Banepa, Kavre. The bank's CEO Ashok Sherchan handed over the computers to Ugrachandi Nala Samaj's Chairman Chandra Lal Shrestha amid a function on Wednesday, April 25.</p> <p> The bank said it lent the support to the school under its corporate social responsibility.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7864', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '8082', 'article_category_id' => '1', 'title' => 'NT Supports Different Organisations', 'sub_title' => '', 'summary' => 'April 25: Nepal Telecom has supported different organizations in various parts of the country on the occasion of its 14th anniversary.', 'content' => '<p>April 25: Nepal Telecom has supported different organizations in various parts of the country on the occasion of its 14<sup>th</sup> anniversary. The state-owned company provided blankets to different hospitals and also set up information communication technology (ICT) center at different community schools across the nation under its corporate social responsibility.</p> <p>The company distributed 25 sets of blankets each to Biratnagar Hospital of Koshi, Birgunj of Narayani, Bhaktapur Cancer Hospital of Bagmati, Nepalgunj of Bheri , and Mahendranagar of Mahakali zones. The company said it would provide blankets to the hospital of Lumbini Zone as well. The company's Managing Director Kamini Rajbhandari handed over 25 sets of blankets to the director of Bhaktapur Cancer Hospital, Dr Rishikesh Narayan Shrestha . The blankets will be utilized for the patients of the hospital.</p> <p>Likewise, the company also delivered 25 sets of blankets to the residents of Udayapurgadi Rural Municipality.</p> <p>The company has planned to establish ICT center at community schools in six districts and other earthquake-affected districts. NT has already set up ICT centers in 11 earthquake-affected districts. The company has almost finished establishing the center in the community schools of Lamjung, Dadelhura, Udayapur, Jumla and Rukum.</p> <p>Meanwhile, Dr Rajbhandari inaugurated the ICT center at Shanti Niketan Secondary School under the support of the company. The company also provided five sets of computer, five sets of web cameras, five sets of headphones and one set of three-in-one printer to the center. For the utilization of the materials, the company even offered one line WiMAX data connection, wifi router, and ODU. Similarly, the company has also arranged 30 GB of monthly data free of cost for two years.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7863', 'image' => '20180426011733_ntc.jpg', 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '8081', 'article_category_id' => '1', 'title' => 'Mangalbare Branch of Kankai Bikas Bank', 'sub_title' => '', 'summary' => 'April 26: Kankai Bikas Bank Ltd has opened its 13th branch at Mangalbare of Morang district. ', 'content' => '<p>April 26: Kankai Bikas Bank Ltd has opened its 13<sup>th</sup> branch at Mangalbare of Morang district. The formal inauguration of the branch was made by Minister for Financial Affairs and Planning of Province 1, Indra Bahadur Angbo.</p> <p>Stating that the expansion of the bank contributes to the national economy, Minister Angbo appealed to all the banks to extend their network across the nation as much as possible.</p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7862', 'image' => '20180426020130_Mangalbare-Photo.jpg', 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '8080', 'article_category_id' => '1', 'title' => 'Janata Bank to Look After Madan Bhandari Memorial Park', 'sub_title' => '', 'summary' => 'April 26: Janata Bank has announced to support the conservation of Madan Bhandari Memorial Park based on Mahadevsthan, Kathmandu. ', 'content' => '<p>April 26: Janata Bank has announced to support the conservation of Madan Bhandari Memorial Park based on Mahadevsthan, Kathmandu. The bank signed an agreement to take responsibility of daily cleanliness and conservation of the park for one year.</p> <p>According to the bank, it is conducting the programme under its corporate social responsibility. The park, which was constructed with the financial support of ward 32 of Kathmandu Metropolitan City and Kathmandu Valley Development Authority, was inaugurated on Tuesday, April 24. </p> ', 'published' => true, 'created' => '2018-04-26', 'modified' => '2018-04-26', 'keywords' => '', 'description' => '', 'sortorder' => '7861', 'image' => null, 'article_date' => '2018-04-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '8079', 'article_category_id' => '1', 'title' => 'Per Capita Income at Record High ', 'sub_title' => '', 'summary' => 'April 25: The Central Bureau of Statistics (CBS) has estimated that the country will see an economic growth of 5.89 percent in the current fiscal year.', 'content' => '<p>April 25: The Central Bureau of Statistics (CBS) has estimated that the country will see an economic growth of 5.89 percent in the current fiscal year.</p> <p>The National Accounts Statistics of CBS shows that the economic growth of the country will be below six percent. Meanwhile, the government while unveiling the budget of the current fiscal year had said that the economic growth of the Fiscal Year 2017/2018 would be seven percent.</p> <p>CBS unveiled the National Accounts Statistics on Wednesday. CBS also said that the gross domestic product (GDP) of the country will stand at USD 30 billion, which will be a growth of 5.89 percent.</p> <p>Similarly, the statistics shows that the per capita income of Nepal stood at USD 1,004 this FY, which is a rise of USD 142 in comparison to the last year. The per capita income of this year is a record high. The per capita income of Nepal in the last year stood at USD 862.</p> <p>Meanwhile, Asian Development Bank (ADB) and World Bank (WB) had projected the economic growth of the country at 4.9 percent and 4.6 percent, respectively.</p> <p>The statistics show that the service sector has a massive contribution of 58 percent in the overall economy. Likewise, the contribution of agricultural sector and manufacturing sector stood at 28 percent and 14 percent, respectively.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7860', 'image' => null, 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '8078', 'article_category_id' => '1', 'title' => 'More than Rs 100 billion spent on reconstruction after earthquake', 'sub_title' => '', 'summary' => 'April 25: The government has spent Rs 115.46 billion on reconstruction of private homes and other physical infrastructure in the last three years following the devastating earthquake of April 25, 2015.', 'content' => '<p>April 25: The government has spent Rs 115.46 billion on reconstruction of private homes and other physical infrastructure in the last three years following the devastating earthquake of April 25, 2015. The amount was spent on the reconstruction and repair of private residences, cultural heritages, government buildings, schools and health-posts which were complete or partially damaged by the earthquake, informed National Reconstruction Authority (NRA).</p> <p>The reconstruction activities have gathered pace in recent times but the achievements made in three years in not enough. Among the homeless earthquake victims, only 119,182 have constructed their houses. The number of private houses that are under construction is 403,089.</p> <p>The repair work of other physical infrastructures which carry historic value and are important from tourism perspective are also moving in snail's pace. According to NRA statistics, the reconstruction of only 100 heritage sites has been completed among 756 that were damaged by the earthquake.</p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7859', 'image' => null, 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '8074', 'article_category_id' => '1', 'title' => 'Buddha Air Announces to acquire its 11th aircraft', 'sub_title' => '', 'summary' => 'April 25: Buddha Air has announced to acquire additional aircraft to its fleet.', 'content' => '<p>April 25: Buddha Air has announced to acquire additional aircraft to its fleet.</p> <p>Officials of Buddha Air announced that the airline is currently preparing to acquire additional ATR 72-500 aircraft. It has been reported that the ATR 72-500 series aircraft is scheduled to arrive Kathmandu by June.</p> <p>All the necessary paperwork for the acquisition of the aircraft has been completed and the airline has also received approval for acquisition from the Civil Aviation Authority of Nepal, the company informed New Business Age.</p> <p>The ATR 72 has also been allocated with the call sign ‘9N-AMU’.</p> <p>Buddha considers ATR series aircraft to be very efficient from economic and environmental perspectives and has been providing its service with the ATR aircraft.</p> <p>The airline said in a press statement that it will have sufficient time for regular checking and maintenance of its fleet after the operation of the new aircraft. This will support the airline to operate flights smoothly.</p> <p>The upgrading project of Rajbiraj Airport is almost complete and the airline has decided to operate its flight from the airport and has requested the concerned authorities to establish a refueling facility on the airport premises.</p> <p>The company also stated that their core aim is to create ample seats for the passengers at affordable fares and complete the flights in time.</p> <p>With the addition of ‘9N-AMU’, the company will have 11 aircraft among which 6 aircraft are ATR 72-500, 3 ATR 42-300, 2 Beechcraft 1900D. The airline currently conducts scheduled flights to Biratnagar, Bhairahawa, Dhangadhi, Janakpur, Nepalgunj, Pokhara, Simara, Tumlingtar, Bhadrapur and Bharatpur. It also operates one-hour-long mountain flights.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7858', 'image' => '20180425054539_ATR.jpg', 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '8077', 'article_category_id' => '1', 'title' => 'Shangri-La Development Bank to Distribute Dividend', 'sub_title' => '', 'summary' => 'April 25: Shangri-La Development Bank has proposed to distribute 2.5 percent bonus share and 9.30 percent cash dividend.', 'content' => '<p>April 25: Shangri-La Development Bank has proposed to distribute 2.5 percent bonus share and 9.30 percent cash dividend. A meeting of the board of directors of the bank on April 23 took such decision.</p> <p>The bank has proposed to distribute the cash dividend retained from the paid-up capital after the issuance of right share in 10:8 ratio.</p> <p>The shareholder will receive the dividend after the proposal is approved by Nepal Rastra Bank and annual general meeting of Shangri-La Bank.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7857', 'image' => null, 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '8073', 'article_category_id' => '1', 'title' => 'Neco Insurance Settles Claim of Rs 50.5 million', 'sub_title' => '', 'summary' => 'April 25: Neco Insurance Limited, a non-life insurance company, has settled the claim of Rs 50.5 million made by Annapurna Impex of Biratnagar on April 23.', 'content' => '<p>April 25: Neco Insurance Limited, a non-life insurance company, has settled the claim of Rs 50.5 million made by Annapurna Impex of Biratnagar on April 23.</p> <p>Annapurna Impex had to bear a loss in stocks of electrical equipment during the flood of 2017. A cheque of Rs 50.5 million as compensation for the loss, was handed over to Rajendra Kumar Rathi, of Annpurna Impex by Narayan Gautam, branch manager of the company in Biratnagar.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7856', 'image' => '20180425041456_Neco full logo copy.jpg', 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '8076', 'article_category_id' => '1', 'title' => 'Profit of 13 Commercial Banks Increases ', 'sub_title' => '', 'summary' => 'April 25: The average net profit of 13 commercial banks have increased by 14.32 percent, according to the third quarterly financial details of the banks for the fiscal year 2017/18. The banks have recorded a total profit of Rs 2.10 billion more than the corresponding period of last FY.', 'content' => '<p>April 25: The average net profit of 13 commercial banks have increased by 14.32 percent, according to the third quarterly financial details of the banks for the fiscal year 2017/18. The banks have recorded a total profit of Rs 2.10 billion more than the corresponding period of last FY.</p> <p>The net interest of banks increased after their operation profit and net interest income increased. The collection of bad debt by banks also contributed to the increment of the net profit.</p> <p>Nepal Bank has recorded the highest net profit in the recently published financial details while Century Commercial Bank stands in the first position in terms of growth percentage. Net profit of Century Bank has reached Rs 630 million with an increase rate of 102.62 percent. The bank witnessed increase in net interest income and operation profit by 59.28 percent and 81.22 percent respectively. The bank has collected deposit amounting to Rs 52.73 billion and disbursed more than Rs 50 billion loan in the current fiscal year.</p> <p>The net profit of Nepal Bank in the current fiscal year stands at Rs 2.56 billion. Net interest income and operation profit of Nepal Bank increased by 12 percent and 41.67 percent respectively in the current fiscal year.</p> <p> </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7855', 'image' => null, 'article_date' => '2018-04-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '8075', 'article_category_id' => '1', 'title' => 'Gurung and Limbu appointed Directors for Gurkha Finance ', 'sub_title' => '', 'summary' => 'April 25: Gurkha Finance has appointed Khadga Bahadur Gurung as the director of the company from among its general share holders. ', 'content' => '<p>April 25: Gurkha Finance has appointed Khadga Bahadur Gurung as the director of the company from among its general share holders. The organization also appointed Devi Prasad Limbu as the director from independent faculty.</p> <p>The Annual General Meeting of the company held on April 23 took such decision.</p> <p> </p> ', 'published' => true, 'created' => '2018-04-25', 'modified' => '2018-04-25', 'keywords' => '', 'description' => '', 'sortorder' => '7853', 'image' => null, 'article_date' => '2018-04-25 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