January 12: Arun Finance Company been renamed into Hathway Finance.…

January 12: Arun Finance Company been renamed into Hathway Finance.…
January 12: Global IME Bank’s branches in Butwal organised a morning procession on the occasion of the bank’s 11th anniversary on Thursday, January 11.…
January 12: The construction of road from Kalikot to Humla has gained pace after almost a decade of dillydallying.…
January 12: Agni Moto Inc, a subsidiary of Agni Group and the sole authorized distributor of Mahindra two-wheelers in Nepal, along with Asian Automobiles, the authorized dealer of Agni Moto Inc for Pokhara, on Thursday (January 11) launched Mojo bike in…
January 12: The production of cement at the state-owned Udayapur Cement Factory has increased in the recent days.…
January 12: The Chinese government has joined hands with UNDP Nepal to provide USD 4 million to support recovery efforts in Nepal’s tarai region affected by one of the worst floods in the recent history.…
January 12: Nepal Rastra Bank has instructed revenue collection offices as well as bank and financial institutions to remain open on the last Saturday of certain months to ensure that the revenue collection does not get…
January 12: The 31st Annual General Meeting of Standard Chartered Bank on Wednesday, January 10, has approved a proposal of the bank to distribute 100 percent bonus…
January 11: Poverty Alleviation Fund (PAF), Nepal is organizing South Asian Festival on Handicrafts: Meetings and Marketplaces in Kathmandu on 12-14…
January 11: Bank of Kathmandu (BOK) has opened two branches in two different…
January 11: The construction of Chameliya Hydropower Project, which started some 11 years back, is all set to generate electricity within this…
January 11: Sunrise Bank has opened a branch in Sanepa, Lalitpur.…
January 11: A delegation of Federation of Contractors’ Association of Nepal (FCAN) held a meeting with Finance Minister Gyanendra Bahadur Karki on Wednesday, January 11 to discuss about the general problems faced by the construction…
January 11: Laxmi InterContinental Pvt Ltd, the sole distributor of Hyundai vehicles in Nepal, has launched the Hyundai Winter Delight Scheme this…
January 11: IME Life Insurance Company has decided to issue Initial Public Offering (IPO) in order to raise its paid-up capital to Rs 2 billion by the end of the current fiscal year.…
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', 'content' => '<p>January 12: Arun Finance Company been renamed into Hathway Finance. The company’s 21<sup>st</sup> annual general meeting held in Dharan on Thursday, January 12, approved the proposal to change the company’s name and logo.</p> <p>Likewise, the meeting also approved the proposal to issue right share in the ration of 1:1.80. The AGM appointed three founding members – Ambika Prasad Poudel, Lila Nath Adhikari and Prakash Tiwari – to the board of directors of the company. </p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7098', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '7316', 'article_category_id' => '1', 'title' => 'Morning Procession of Global IME Branch', 'sub_title' => '', 'summary' => 'January 12: Global IME Bank’s branches in Butwal organised a morning procession on the occasion of the bank’s 11th anniversary on Thursday, January 11. ', 'content' => '<p>January 12: Global IME Bank’s branches in Butwal organised a morning procession on the occasion of the bank’s 11<sup>th</sup> anniversary on Thursday, January 11. The bank’s Butwal-based Ram Mandir branch and Milanchowk branch at Chauraha, Butwal organised the procession to mark its anniversary.</p> <p>The procession started from Ram Mandir Line and went around Butwal town and convened at Chauraha. Jog Lal Bhusal, branch manager of Ram Mandir branch, and Khem Nath Sharma, branch manager of Milanchowk branch urged the public to develop saving habit.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7097', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '7314', 'article_category_id' => '1', 'title' => 'Construction of Kaligandaki Corridor gains pace', 'sub_title' => '', 'summary' => 'January 12: The construction of road from Kalikot to Humla has gained pace after almost a decade of dillydallying. ', 'content' => '<p>January 12: The construction of road from Kalikot to Humla has gained pace after almost a decade of dillydallying. Out of the total 196 kilometres of road of the Karnali Corridor project, 66 kilometers has already been completed.</p> <p>The construction works started gaining momentum after the Nepalese Army took over the construction work. The 33-kilometre road section from Kalikot’s Lalighat to Ghataparichaur and another 33-kilometre road section from Bajura’s Ratadanda to Arthugechaur have been completed so far.</p> <p>The Nepalese Army’s construction division informed that vehicles can be operated in the 66-kilometer road which lies in between Kalokot’s Khulalu to Humla’s Simikot.</p> <p>“We are yet to blast the rocks in a four-kilometer stretch between Bhukkakhola to Tolibhir,” said the Nepalese Army’s in-charge Indiwar Gurung.</p> <p>Of late, the Nepalese Army has expedited the construction work which had remained stalled in the past ten years. According to the army sources, they are planning to complete the construction works within the deadline given to them.</p> <p>Humla is the only district which is yet to be connected to the national network of roads.</p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7096', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '7311', 'article_category_id' => '1', 'title' => 'Agni Motoinc launches Mojo in Pokhara', 'sub_title' => '', 'summary' => 'January 12: Agni Moto Inc, a subsidiary of Agni Group and the sole authorized distributor of Mahindra two-wheelers in Nepal, along with Asian Automobiles, the authorized dealer of Agni Moto Inc for Pokhara, on Thursday (January 11) launched Mojo bike in Pokhara.', 'content' => '<p><strong>January 12: </strong>Agni Moto Inc, a subsidiary of Agni Group and the sole authorized distributor of Mahindra two-wheelers in Nepal, along with Asian Automobiles, the authorized dealer of Agni Moto Inc for Pokhara, on Thursday (January 11) launched Mojo bike in Pokhara.</p> <p>Mahindra’s Mojo is being launched simultaneously in Narayanghat, Butwal, Bhairahwa and Birtamode, and will be available across the 10-dealer network of Agni Group in Nepal, reads a press statement issued by the company.</p> <p>The bike was unveiled in a launch event held at the ‘Saphal Rashtriya Audhogik Byapar Mela 2074, Pokhara,’ on the of January 11. Agni Moto Inc said it will also be providing a Mojo jacket for the first few buyers on the occasion of the launch of Mojo.</p> <p>According to the company, Mahindra Mojo is powered by a 300cc liquid cooled, EFI single-cylinder engine, which produces maximum power of 27bhp and peak torque of 30Nm. It has been developed in-house, with inputs from global partners and is designed to be on par with global products of this class.</p> <p>Mojo comes equipped with a-state-of-the-art engine with DOHC (Double Over Head Camshaft), low friction piston and rings, advanced EFI (Electronic Fuel Ignition), iridium spark plug, resonator fitted intake system and twin exhausts, reads the statement.</p> <p>It uses a twin tube frame with high torsional rigidity, inverted front fork with rigid triple clamp mounting and high-pressure gas charged offset rear mono-shox with separator floating piston, largest 320mm radially mounted front disc brakes and Pirelli Diablo Rosso II tyres.</p> <p>According to the company, these features are enhanced with a 21-litre fuel tank, the largest in its class, to ensure it can cover longer distances on road effortlessly. The handlebar and footrest placement of Mojo offer an upright riding stance which enhances the comfort of long distance riding.</p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7095', 'image' => '20180112105918_Mahindra MOJO7.jpg', 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '7313', 'article_category_id' => '1', 'title' => 'Udayapur Cement’s Production Increases', 'sub_title' => '', 'summary' => 'January 12: The production of cement at the state-owned Udayapur Cement Factory has increased in the recent days. ', 'content' => '<p>January 12: The production of cement at the state-owned Udayapur Cement Factory has increased in the recent days. According to the cement factory, it has been producing 700 metric tons of cement per day as per the increasing demand and improvement in the condition of machines of the factory.</p> <p>According to the factory, its income from the sale of cement has been more than Rs 250 million in the current fiscal year.</p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7094', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '7310', 'article_category_id' => '1', 'title' => 'China, UNDP to provide post-flood recovery assistance to Nepal', 'sub_title' => 'Over 31,800 households in affected areas of tarai to benefit from USD 4 million grant', 'summary' => 'January 12: The Chinese government has joined hands with UNDP Nepal to provide USD 4 million to support recovery efforts in Nepal’s tarai region affected by one of the worst floods in the recent history. ', 'content' => '<p>January 12: The Chinese government has joined hands with UNDP Nepal to provide USD 4 million to support recovery efforts in Nepal’s tarai region affected by one of the worst floods in the recent history. The assistance provided under the framework of the Chinese South Asia Cooperation Assistance Fund, will reach 31,800 households in Sunsari, Saptari, Sarlahi, Dhanusha, Mahottari, Rautahat and Parsa districts of provinces 1 and 2, reads a statement issued by UNDP Nepal.</p> <p>According to UNDP Nepal, this assistance has come as a response to the extensive damage and displacement caused by the 2017 floods in the southern plains of the country. In August last year, the tarai region experienced the heaviest rainfall recorded in the past 60 years, resulting in widespread flooding across 35 districts, taking the lives of 134 people, destroying over 43,000 houses, partially damaging 192,000 houses, and displacing tens of thousands of people. Over 80 percent of land in the southern tarai region was inundated, according to UNDP Nepal. A post-flood assessment conducted by the Government of Nepal found that 1.7 million people were affected by the disaster.</p> <p>The project funded by China and implemented by UNDP will work in close coordination with the Government of Nepal’s Flood Reconstruction and Rehabilitation Project under the National Reconstruction Authority (NRA) through which the recovery package was finalized and beneficiary households were identified, the statement further says.</p> <p> At the field level, the project will collaborate with newly elected governments in carrying out the distribution of a package of non-food items, which includes shawls, blankets, cooking utensils, an insecticide-treated bed net, a clean cooking stove, a water filter and hygiene kits.</p> <p>“The Government of Nepal would like to thank the People’s Republic of China for providing crucial post-flood recovery support to the affected people of Nepal,” said Dr Suman Kumar Karna, project chief of Flood Reconstruction and Rehabilitation Project at NRA.<br /> <br /> Chinese Ambassador to Nepal Yu Hong expressed satisfaction at being able to contribute to the post-flood recovery. “Last August, the Chinese government provided USD 1 million grant assistance to the Government of Nepal for flood disaster relief. This time, we offer another USD 4 million to help the Nepali people in the flood affected tarai region recover from the disaster. We are glad to work together with UDNP to provide this recovery package, which includes some basics that are certain to prove handy in a post-flood situation, ” said the Chinese ambassador.</p> <p>To ensure efficiency and transparency of the distribution process, UNDP is using a mobile app, developed with technical support from Microsoft that enables project staff to work seamlessly through multiple distribution channels and track the progress against set targets, using a unified database of beneficiaries. Details of individual households are recorded in the system and the heads of the households are provided with a QR card, which they must present when collecting their packages at the nearest distribution centre.</p> <p>“We are pleased to partner with the Government of the People’s Republic of China in contributing to the recovery of flood affected families,” said UNDP Country Director Renaud Meyer. “We trust these packages of essential non-food items will help flood victims resume their livelihoods and recover rapidly from the disaster.”</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7093', 'image' => '20180111110656_Photo.JPG', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '7312', 'article_category_id' => '1', 'title' => 'NRB Instructs Revenue Offices, BFIs to remain Open on Saturdays', 'sub_title' => '', 'summary' => 'January 12: Nepal Rastra Bank has instructed revenue collection offices as well as bank and financial institutions to remain open on the last Saturday of certain months to ensure that the revenue collection does not get affected.', 'content' => '<p>January 12: Nepal Rastra Bank has instructed revenue collection offices as well as bank and financial institutions to remain open on the last Saturday of certain months to ensure that the revenue collection does not get affected. The central bank issued such instruction as per the decision taken by the Ministry of Finance on September 17 to help the Revenue Management Division collect taxes during the Nepali months of Asoj, Poush, Chaitra and Asar.</p> <p>Following the NRB instruction, the concerned government offices and BFIs will have to remain open during public holidays and on Saturdays during the last week of every third month of the fiscal year from now onwards. </p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7092', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '7315', 'article_category_id' => '1', 'title' => 'Standard Chartered AGM Approves Bonus Share Distribution', 'sub_title' => '', 'summary' => 'January 12: The 31st Annual General Meeting of Standard Chartered Bank on Wednesday, January 10, has approved a proposal of the bank to distribute 100 percent bonus shares.', 'content' => '<p>January 12: The 31<sup>st</sup> Annual General Meeting of Standard Chartered Bank on Wednesday, January 10, has approved a proposal of the bank to distribute 100 percent bonus shares. According to the bank, its total paid-up capital will reach Rs 8.1 billion after distribution of the bonus shares. Currently, the bank’s paid-up capital is Rs 4 billion.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7091', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '7309', 'article_category_id' => '1', 'title' => 'South Asian Handicraft Festival in Kathmandu from Friday', 'sub_title' => '', 'summary' => 'January 11: Poverty Alleviation Fund (PAF), Nepal is organizing South Asian Festival on Handicrafts: Meetings and Marketplaces in Kathmandu on 12-14 January.', 'content' => '<p>January 11: Poverty Alleviation Fund (PAF), Nepal is organizing South Asian Festival on Handicrafts: Meetings and Marketplaces in Kathmandu on 12-14 January.</p> <p>The highlight of the three-day festival will be the launch of Nepal Ko – a new brand of exquisite handicrafts produced by Nepali artisans, PAF said in a statement.</p> <p>Crafts from India and Pakistan will also be showcased in this mega event at De L’ Annapurna Hotel, Durbarmarg, Kathmandu.</p> <p>According to PAF, around 200 products categorized under 10 different skill sets will be displayed at 20 stalls -- 18 for Nepali and one each for Indian and Pakistani crafts.</p> <p>The festival aims to promote a wide range of handicrafts produced by Nepali artisans supported by Making Markets Work for Conflict Affected in Nepal -- a PAF-implemented project.</p> <p>The event is a marketing platform to showcase the Artisan livelihood initiatives implemented by PAF Nepal, and similar initiatives from neighboring countries. It aims to facilitate a dialogue between different stakeholders in the region, and is expected to promote cross-cultural learning and interactions.</p> <p>“The objective of the project is to increase the share of rural artisans – especially from the poorest, landless and conflict-affected communities – in the crafts and cultural market,” the statement quoted PAF’s Executive Director Nahakul KC as saying. </p> <p>He added that the project has benefitted poor and disadvantaged people including women and persons with disabilities, particularly from the areas affected by the conflict and social unrest.</p> <p>PAF has been implementing this project in seven districts (Dailekh, Dang, Dhanusha, Terhathum, Kapilvastu, Myagdi and Gorkha), enabling skilled artisans to increase their incomes and improve their livelihoods by connecting them to markets. The project is supported by the Japan Social Development Fund (JSDF) and managed by the World Bank, reads the statement.</p> <p>Under this project, PAF has successfully impacted more than 7,500 rural artisans through 365 Producer Groups (PG) and 10 registered Producer Federations. Each PG comprises 20-25 individuals running startups and small enterprises. PAF said it has also helped set up 10 Common Facility Centers (CFCs) equipped with modern equipment, beside other facilities such as raw material stores that are now used by artisans to produce high quality marketable produces for the global market.</p> <p>The handicrafts produced by the PAF-supported artisans will be showcased and sold during the festival, which will be inaugurated by Finance Minister Gyanendra Bahadur Karki. Visitors can explore a variety of handicrafts made with Allo (Himalayan Nettle), Lokta, wool, moonj grass and recycle papers.</p> <p>Another key aspect of the event will be high-level panel discussions among some of the best minds of the region on a wide range of issues like village economy, women entrepreneurship and cultural industries and South Asian integration.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7090', 'image' => '20180111082645_PAF-log.jpg', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '7308', 'article_category_id' => '1', 'title' => 'BOK Starts Two More Branches', 'sub_title' => '', 'summary' => 'January 11: Bank of Kathmandu (BOK) has opened two branches in two different places.', 'content' => '<p>January 11: Bank of Kathmandu (BOK) has opened two branches in two different places. The bank opened branches at Biratchowk of Morang and Imadol of Lalitpur district amid separate functions on Wednesday, January 10.</p> <p>The bank has been providing service from 75 branches, 67 ATM outlets, eight extension counters, and 17 branchless banking services.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7089', 'image' => '20180111044654_bok.jpg', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '7307', 'article_category_id' => '1', 'title' => 'Chameliya Hydropower to Start Production from this Week', 'sub_title' => '', 'summary' => 'January 11: The construction of Chameliya Hydropower Project, which started some 11 years back, is all set to generate electricity within this week.', 'content' => '<p>January 11: The construction of Chameliya Hydropower Project, which started some 11 years back, is all set to generate electricity within this week. The electricity generated from the project will be connected to national grid from Friday, January 11.</p> <p>In the initial stage, a total of 15 MW of electricity will be generated from the project, informed Chameliya Hydropower Project. According to Ajaya Kumar Dahal, head of the project, water is collected in day and night time, and the electricity is produced during evening and morning time.</p> <p>Earlier, it was said that the construction of the project would be completed after the Tihar festival but it took two more months to complete the project.</p> <p>The project started in 2007 and was initially said to be completed within five years. A total of Rs 16 billion has been invested in the project. </p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7088', 'image' => null, 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '7303', 'article_category_id' => '1', 'title' => 'Sunrise Opens New Branch in Sanepa', 'sub_title' => '', 'summary' => 'January 11: Sunrise Bank has opened a branch in Sanepa, Lalitpur. ', 'content' => '<p>January 11: Sunrise Bank has opened a branch in Sanepa, Lalitpur. Nepal Rastra Bank’s Deputy Governor Chintamani Siwakoti inaugurated the branch amid a function on Wednesday, January 10.</p> <p>The bank’s Chief Executive Officer Ratna Raj Bajracharya said that the bank opened the branch with an aim to provide quick and easy access to modern banking services for its customers. Currently, the bank has been provided services through 72 branches, 91 ATM outlets, 18 branchless banking service and three extension counters.</p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7087', 'image' => '20180111011915_sunrise.jpg', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '7306', 'article_category_id' => '1', 'title' => 'FCAN Delegation Meets with Finance Minister', 'sub_title' => '', 'summary' => 'January 11: A delegation of Federation of Contractors’ Association of Nepal (FCAN) held a meeting with Finance Minister Gyanendra Bahadur Karki on Wednesday, January 11 to discuss about the general problems faced by the construction entrepreneurs.', 'content' => '<p>January 11: A delegation of Federation of Contractors’ Association of Nepal (FCAN) held a meeting with Finance Minister Gyanendra Bahadur Karki on Wednesday, January 11 to discuss about the general problems faced by the construction entrepreneurs.</p> <p>The delegation led by FCAN President Bishnu Bhai Shrestha apprised the minister about the problems faced by the entrepreneurs due to blocked payment and price increment of construction materials and asked the minister’s cooperation in solving their problem.</p> <p>The delegation drew the attention of the minister Karki towards the increase in prices of fuel, iron and other raw materials as well as cement, aggregates and sand in the past few weeks.</p> <p>FCAN President Shrestha appealed to the minister to make necessary efforts to reduce the price hike.</p> <p>Likewise, the meeting informed the minister that the contractors are facing crisis despite completing their work due to the delay in release of budget.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7086', 'image' => null, 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '7302', 'article_category_id' => '1', 'title' => 'Hyundai’s Winter Delight Scheme', 'sub_title' => '', 'summary' => 'January 11: Laxmi InterContinental Pvt Ltd, the sole distributor of Hyundai vehicles in Nepal, has launched the Hyundai Winter Delight Scheme this winter.', 'content' => '<p>January 11: Laxmi InterContinental Pvt Ltd, the sole distributor of Hyundai vehicles in Nepal, has launched the Hyundai Winter Delight Scheme this winter.</p> <p>This scheme provides customers with attractive cash discount of up to Rs 696,000 on purchase of any Hyundai vehicle, according to the company.</p> <p>Under this scheme, customers will also get free comprehensive insurance for one year, exchange bonus up to Rs 100,000, loyalty bonus worth Rs 20,000 along with spot exchange and valuation facility, reads a press statement issued by the company.</p> <p>Besides that, every Hyundai vehicle comes with four years of free service and three years warranty.</p> <p>The company informed that this scheme is valid for a limited period of time.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7085', 'image' => '20180111011555_Hyundai-WD-Mnemonic.jpg', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '7305', 'article_category_id' => '1', 'title' => 'IME Life Insurance holds AGM', 'sub_title' => '', 'summary' => 'January 11: IME Life Insurance Company has decided to issue Initial Public Offering (IPO) in order to raise its paid-up capital to Rs 2 billion by the end of the current fiscal year. ', 'content' => '<p>January 11: IME Life Insurance Company has decided to issue Initial Public Offering (IPO) in order to raise its paid-up capital to Rs 2 billion by the end of the current fiscal year. As per the decision of the Insurance Board, all the insurance companies need to meet the paid-up capital requirement within the set deadline within this year. The first annual general meeting (AGM) of IME Life Insurance held on Wednesday, January 10, endorsed the proposal to issue the IPO.</p> <p>The AGM also decided to implement ten new insurance policies. The meeting also approved the company’s annual audit report.</p> <p>Likewise, the meeting appointed Dr Ram Hari Aryal, Iswor Kumar Karki, Deep Chandra Regmi and Sanjay Adhikari as the company’s board members representing the establishment faction of the company. Similarly, an independent expert, Aswini Kumar Thakur, has also been appointed a board member of the company.</p> <p>A meeting of the Board of Directors of the company unanimously elected Dr Ram Hari Aryal as the company’s chairman.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7084', 'image' => null, 'article_date' => '2018-01-11 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' => '7317', 'article_category_id' => '1', 'title' => 'Arun Finance renamed into Hathway Finance', 'sub_title' => '', 'summary' => 'January 12: Arun Finance Company been renamed into Hathway Finance. ', 'content' => '<p>January 12: Arun Finance Company been renamed into Hathway Finance. The company’s 21<sup>st</sup> annual general meeting held in Dharan on Thursday, January 12, approved the proposal to change the company’s name and logo.</p> <p>Likewise, the meeting also approved the proposal to issue right share in the ration of 1:1.80. The AGM appointed three founding members – Ambika Prasad Poudel, Lila Nath Adhikari and Prakash Tiwari – to the board of directors of the company. </p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7098', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '7316', 'article_category_id' => '1', 'title' => 'Morning Procession of Global IME Branch', 'sub_title' => '', 'summary' => 'January 12: Global IME Bank’s branches in Butwal organised a morning procession on the occasion of the bank’s 11th anniversary on Thursday, January 11. ', 'content' => '<p>January 12: Global IME Bank’s branches in Butwal organised a morning procession on the occasion of the bank’s 11<sup>th</sup> anniversary on Thursday, January 11. The bank’s Butwal-based Ram Mandir branch and Milanchowk branch at Chauraha, Butwal organised the procession to mark its anniversary.</p> <p>The procession started from Ram Mandir Line and went around Butwal town and convened at Chauraha. Jog Lal Bhusal, branch manager of Ram Mandir branch, and Khem Nath Sharma, branch manager of Milanchowk branch urged the public to develop saving habit.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7097', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '7314', 'article_category_id' => '1', 'title' => 'Construction of Kaligandaki Corridor gains pace', 'sub_title' => '', 'summary' => 'January 12: The construction of road from Kalikot to Humla has gained pace after almost a decade of dillydallying. ', 'content' => '<p>January 12: The construction of road from Kalikot to Humla has gained pace after almost a decade of dillydallying. Out of the total 196 kilometres of road of the Karnali Corridor project, 66 kilometers has already been completed.</p> <p>The construction works started gaining momentum after the Nepalese Army took over the construction work. The 33-kilometre road section from Kalikot’s Lalighat to Ghataparichaur and another 33-kilometre road section from Bajura’s Ratadanda to Arthugechaur have been completed so far.</p> <p>The Nepalese Army’s construction division informed that vehicles can be operated in the 66-kilometer road which lies in between Kalokot’s Khulalu to Humla’s Simikot.</p> <p>“We are yet to blast the rocks in a four-kilometer stretch between Bhukkakhola to Tolibhir,” said the Nepalese Army’s in-charge Indiwar Gurung.</p> <p>Of late, the Nepalese Army has expedited the construction work which had remained stalled in the past ten years. According to the army sources, they are planning to complete the construction works within the deadline given to them.</p> <p>Humla is the only district which is yet to be connected to the national network of roads.</p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7096', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '7311', 'article_category_id' => '1', 'title' => 'Agni Motoinc launches Mojo in Pokhara', 'sub_title' => '', 'summary' => 'January 12: Agni Moto Inc, a subsidiary of Agni Group and the sole authorized distributor of Mahindra two-wheelers in Nepal, along with Asian Automobiles, the authorized dealer of Agni Moto Inc for Pokhara, on Thursday (January 11) launched Mojo bike in Pokhara.', 'content' => '<p><strong>January 12: </strong>Agni Moto Inc, a subsidiary of Agni Group and the sole authorized distributor of Mahindra two-wheelers in Nepal, along with Asian Automobiles, the authorized dealer of Agni Moto Inc for Pokhara, on Thursday (January 11) launched Mojo bike in Pokhara.</p> <p>Mahindra’s Mojo is being launched simultaneously in Narayanghat, Butwal, Bhairahwa and Birtamode, and will be available across the 10-dealer network of Agni Group in Nepal, reads a press statement issued by the company.</p> <p>The bike was unveiled in a launch event held at the ‘Saphal Rashtriya Audhogik Byapar Mela 2074, Pokhara,’ on the of January 11. Agni Moto Inc said it will also be providing a Mojo jacket for the first few buyers on the occasion of the launch of Mojo.</p> <p>According to the company, Mahindra Mojo is powered by a 300cc liquid cooled, EFI single-cylinder engine, which produces maximum power of 27bhp and peak torque of 30Nm. It has been developed in-house, with inputs from global partners and is designed to be on par with global products of this class.</p> <p>Mojo comes equipped with a-state-of-the-art engine with DOHC (Double Over Head Camshaft), low friction piston and rings, advanced EFI (Electronic Fuel Ignition), iridium spark plug, resonator fitted intake system and twin exhausts, reads the statement.</p> <p>It uses a twin tube frame with high torsional rigidity, inverted front fork with rigid triple clamp mounting and high-pressure gas charged offset rear mono-shox with separator floating piston, largest 320mm radially mounted front disc brakes and Pirelli Diablo Rosso II tyres.</p> <p>According to the company, these features are enhanced with a 21-litre fuel tank, the largest in its class, to ensure it can cover longer distances on road effortlessly. The handlebar and footrest placement of Mojo offer an upright riding stance which enhances the comfort of long distance riding.</p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7095', 'image' => '20180112105918_Mahindra MOJO7.jpg', 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '7313', 'article_category_id' => '1', 'title' => 'Udayapur Cement’s Production Increases', 'sub_title' => '', 'summary' => 'January 12: The production of cement at the state-owned Udayapur Cement Factory has increased in the recent days. ', 'content' => '<p>January 12: The production of cement at the state-owned Udayapur Cement Factory has increased in the recent days. According to the cement factory, it has been producing 700 metric tons of cement per day as per the increasing demand and improvement in the condition of machines of the factory.</p> <p>According to the factory, its income from the sale of cement has been more than Rs 250 million in the current fiscal year.</p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7094', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '7310', 'article_category_id' => '1', 'title' => 'China, UNDP to provide post-flood recovery assistance to Nepal', 'sub_title' => 'Over 31,800 households in affected areas of tarai to benefit from USD 4 million grant', 'summary' => 'January 12: The Chinese government has joined hands with UNDP Nepal to provide USD 4 million to support recovery efforts in Nepal’s tarai region affected by one of the worst floods in the recent history. ', 'content' => '<p>January 12: The Chinese government has joined hands with UNDP Nepal to provide USD 4 million to support recovery efforts in Nepal’s tarai region affected by one of the worst floods in the recent history. The assistance provided under the framework of the Chinese South Asia Cooperation Assistance Fund, will reach 31,800 households in Sunsari, Saptari, Sarlahi, Dhanusha, Mahottari, Rautahat and Parsa districts of provinces 1 and 2, reads a statement issued by UNDP Nepal.</p> <p>According to UNDP Nepal, this assistance has come as a response to the extensive damage and displacement caused by the 2017 floods in the southern plains of the country. In August last year, the tarai region experienced the heaviest rainfall recorded in the past 60 years, resulting in widespread flooding across 35 districts, taking the lives of 134 people, destroying over 43,000 houses, partially damaging 192,000 houses, and displacing tens of thousands of people. Over 80 percent of land in the southern tarai region was inundated, according to UNDP Nepal. A post-flood assessment conducted by the Government of Nepal found that 1.7 million people were affected by the disaster.</p> <p>The project funded by China and implemented by UNDP will work in close coordination with the Government of Nepal’s Flood Reconstruction and Rehabilitation Project under the National Reconstruction Authority (NRA) through which the recovery package was finalized and beneficiary households were identified, the statement further says.</p> <p> At the field level, the project will collaborate with newly elected governments in carrying out the distribution of a package of non-food items, which includes shawls, blankets, cooking utensils, an insecticide-treated bed net, a clean cooking stove, a water filter and hygiene kits.</p> <p>“The Government of Nepal would like to thank the People’s Republic of China for providing crucial post-flood recovery support to the affected people of Nepal,” said Dr Suman Kumar Karna, project chief of Flood Reconstruction and Rehabilitation Project at NRA.<br /> <br /> Chinese Ambassador to Nepal Yu Hong expressed satisfaction at being able to contribute to the post-flood recovery. “Last August, the Chinese government provided USD 1 million grant assistance to the Government of Nepal for flood disaster relief. This time, we offer another USD 4 million to help the Nepali people in the flood affected tarai region recover from the disaster. We are glad to work together with UDNP to provide this recovery package, which includes some basics that are certain to prove handy in a post-flood situation, ” said the Chinese ambassador.</p> <p>To ensure efficiency and transparency of the distribution process, UNDP is using a mobile app, developed with technical support from Microsoft that enables project staff to work seamlessly through multiple distribution channels and track the progress against set targets, using a unified database of beneficiaries. Details of individual households are recorded in the system and the heads of the households are provided with a QR card, which they must present when collecting their packages at the nearest distribution centre.</p> <p>“We are pleased to partner with the Government of the People’s Republic of China in contributing to the recovery of flood affected families,” said UNDP Country Director Renaud Meyer. “We trust these packages of essential non-food items will help flood victims resume their livelihoods and recover rapidly from the disaster.”</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7093', 'image' => '20180111110656_Photo.JPG', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '7312', 'article_category_id' => '1', 'title' => 'NRB Instructs Revenue Offices, BFIs to remain Open on Saturdays', 'sub_title' => '', 'summary' => 'January 12: Nepal Rastra Bank has instructed revenue collection offices as well as bank and financial institutions to remain open on the last Saturday of certain months to ensure that the revenue collection does not get affected.', 'content' => '<p>January 12: Nepal Rastra Bank has instructed revenue collection offices as well as bank and financial institutions to remain open on the last Saturday of certain months to ensure that the revenue collection does not get affected. The central bank issued such instruction as per the decision taken by the Ministry of Finance on September 17 to help the Revenue Management Division collect taxes during the Nepali months of Asoj, Poush, Chaitra and Asar.</p> <p>Following the NRB instruction, the concerned government offices and BFIs will have to remain open during public holidays and on Saturdays during the last week of every third month of the fiscal year from now onwards. </p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7092', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '7315', 'article_category_id' => '1', 'title' => 'Standard Chartered AGM Approves Bonus Share Distribution', 'sub_title' => '', 'summary' => 'January 12: The 31st Annual General Meeting of Standard Chartered Bank on Wednesday, January 10, has approved a proposal of the bank to distribute 100 percent bonus shares.', 'content' => '<p>January 12: The 31<sup>st</sup> Annual General Meeting of Standard Chartered Bank on Wednesday, January 10, has approved a proposal of the bank to distribute 100 percent bonus shares. According to the bank, its total paid-up capital will reach Rs 8.1 billion after distribution of the bonus shares. Currently, the bank’s paid-up capital is Rs 4 billion.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7091', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '7309', 'article_category_id' => '1', 'title' => 'South Asian Handicraft Festival in Kathmandu from Friday', 'sub_title' => '', 'summary' => 'January 11: Poverty Alleviation Fund (PAF), Nepal is organizing South Asian Festival on Handicrafts: Meetings and Marketplaces in Kathmandu on 12-14 January.', 'content' => '<p>January 11: Poverty Alleviation Fund (PAF), Nepal is organizing South Asian Festival on Handicrafts: Meetings and Marketplaces in Kathmandu on 12-14 January.</p> <p>The highlight of the three-day festival will be the launch of Nepal Ko – a new brand of exquisite handicrafts produced by Nepali artisans, PAF said in a statement.</p> <p>Crafts from India and Pakistan will also be showcased in this mega event at De L’ Annapurna Hotel, Durbarmarg, Kathmandu.</p> <p>According to PAF, around 200 products categorized under 10 different skill sets will be displayed at 20 stalls -- 18 for Nepali and one each for Indian and Pakistani crafts.</p> <p>The festival aims to promote a wide range of handicrafts produced by Nepali artisans supported by Making Markets Work for Conflict Affected in Nepal -- a PAF-implemented project.</p> <p>The event is a marketing platform to showcase the Artisan livelihood initiatives implemented by PAF Nepal, and similar initiatives from neighboring countries. It aims to facilitate a dialogue between different stakeholders in the region, and is expected to promote cross-cultural learning and interactions.</p> <p>“The objective of the project is to increase the share of rural artisans – especially from the poorest, landless and conflict-affected communities – in the crafts and cultural market,” the statement quoted PAF’s Executive Director Nahakul KC as saying. </p> <p>He added that the project has benefitted poor and disadvantaged people including women and persons with disabilities, particularly from the areas affected by the conflict and social unrest.</p> <p>PAF has been implementing this project in seven districts (Dailekh, Dang, Dhanusha, Terhathum, Kapilvastu, Myagdi and Gorkha), enabling skilled artisans to increase their incomes and improve their livelihoods by connecting them to markets. The project is supported by the Japan Social Development Fund (JSDF) and managed by the World Bank, reads the statement.</p> <p>Under this project, PAF has successfully impacted more than 7,500 rural artisans through 365 Producer Groups (PG) and 10 registered Producer Federations. Each PG comprises 20-25 individuals running startups and small enterprises. PAF said it has also helped set up 10 Common Facility Centers (CFCs) equipped with modern equipment, beside other facilities such as raw material stores that are now used by artisans to produce high quality marketable produces for the global market.</p> <p>The handicrafts produced by the PAF-supported artisans will be showcased and sold during the festival, which will be inaugurated by Finance Minister Gyanendra Bahadur Karki. Visitors can explore a variety of handicrafts made with Allo (Himalayan Nettle), Lokta, wool, moonj grass and recycle papers.</p> <p>Another key aspect of the event will be high-level panel discussions among some of the best minds of the region on a wide range of issues like village economy, women entrepreneurship and cultural industries and South Asian integration.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7090', 'image' => '20180111082645_PAF-log.jpg', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '7308', 'article_category_id' => '1', 'title' => 'BOK Starts Two More Branches', 'sub_title' => '', 'summary' => 'January 11: Bank of Kathmandu (BOK) has opened two branches in two different places.', 'content' => '<p>January 11: Bank of Kathmandu (BOK) has opened two branches in two different places. The bank opened branches at Biratchowk of Morang and Imadol of Lalitpur district amid separate functions on Wednesday, January 10.</p> <p>The bank has been providing service from 75 branches, 67 ATM outlets, eight extension counters, and 17 branchless banking services.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7089', 'image' => '20180111044654_bok.jpg', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '7307', 'article_category_id' => '1', 'title' => 'Chameliya Hydropower to Start Production from this Week', 'sub_title' => '', 'summary' => 'January 11: The construction of Chameliya Hydropower Project, which started some 11 years back, is all set to generate electricity within this week.', 'content' => '<p>January 11: The construction of Chameliya Hydropower Project, which started some 11 years back, is all set to generate electricity within this week. The electricity generated from the project will be connected to national grid from Friday, January 11.</p> <p>In the initial stage, a total of 15 MW of electricity will be generated from the project, informed Chameliya Hydropower Project. According to Ajaya Kumar Dahal, head of the project, water is collected in day and night time, and the electricity is produced during evening and morning time.</p> <p>Earlier, it was said that the construction of the project would be completed after the Tihar festival but it took two more months to complete the project.</p> <p>The project started in 2007 and was initially said to be completed within five years. A total of Rs 16 billion has been invested in the project. </p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7088', 'image' => null, 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '7303', 'article_category_id' => '1', 'title' => 'Sunrise Opens New Branch in Sanepa', 'sub_title' => '', 'summary' => 'January 11: Sunrise Bank has opened a branch in Sanepa, Lalitpur. ', 'content' => '<p>January 11: Sunrise Bank has opened a branch in Sanepa, Lalitpur. Nepal Rastra Bank’s Deputy Governor Chintamani Siwakoti inaugurated the branch amid a function on Wednesday, January 10.</p> <p>The bank’s Chief Executive Officer Ratna Raj Bajracharya said that the bank opened the branch with an aim to provide quick and easy access to modern banking services for its customers. Currently, the bank has been provided services through 72 branches, 91 ATM outlets, 18 branchless banking service and three extension counters.</p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7087', 'image' => '20180111011915_sunrise.jpg', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '7306', 'article_category_id' => '1', 'title' => 'FCAN Delegation Meets with Finance Minister', 'sub_title' => '', 'summary' => 'January 11: A delegation of Federation of Contractors’ Association of Nepal (FCAN) held a meeting with Finance Minister Gyanendra Bahadur Karki on Wednesday, January 11 to discuss about the general problems faced by the construction entrepreneurs.', 'content' => '<p>January 11: A delegation of Federation of Contractors’ Association of Nepal (FCAN) held a meeting with Finance Minister Gyanendra Bahadur Karki on Wednesday, January 11 to discuss about the general problems faced by the construction entrepreneurs.</p> <p>The delegation led by FCAN President Bishnu Bhai Shrestha apprised the minister about the problems faced by the entrepreneurs due to blocked payment and price increment of construction materials and asked the minister’s cooperation in solving their problem.</p> <p>The delegation drew the attention of the minister Karki towards the increase in prices of fuel, iron and other raw materials as well as cement, aggregates and sand in the past few weeks.</p> <p>FCAN President Shrestha appealed to the minister to make necessary efforts to reduce the price hike.</p> <p>Likewise, the meeting informed the minister that the contractors are facing crisis despite completing their work due to the delay in release of budget.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7086', 'image' => null, 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '7302', 'article_category_id' => '1', 'title' => 'Hyundai’s Winter Delight Scheme', 'sub_title' => '', 'summary' => 'January 11: Laxmi InterContinental Pvt Ltd, the sole distributor of Hyundai vehicles in Nepal, has launched the Hyundai Winter Delight Scheme this winter.', 'content' => '<p>January 11: Laxmi InterContinental Pvt Ltd, the sole distributor of Hyundai vehicles in Nepal, has launched the Hyundai Winter Delight Scheme this winter.</p> <p>This scheme provides customers with attractive cash discount of up to Rs 696,000 on purchase of any Hyundai vehicle, according to the company.</p> <p>Under this scheme, customers will also get free comprehensive insurance for one year, exchange bonus up to Rs 100,000, loyalty bonus worth Rs 20,000 along with spot exchange and valuation facility, reads a press statement issued by the company.</p> <p>Besides that, every Hyundai vehicle comes with four years of free service and three years warranty.</p> <p>The company informed that this scheme is valid for a limited period of time.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7085', 'image' => '20180111011555_Hyundai-WD-Mnemonic.jpg', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '7305', 'article_category_id' => '1', 'title' => 'IME Life Insurance holds AGM', 'sub_title' => '', 'summary' => 'January 11: IME Life Insurance Company has decided to issue Initial Public Offering (IPO) in order to raise its paid-up capital to Rs 2 billion by the end of the current fiscal year. ', 'content' => '<p>January 11: IME Life Insurance Company has decided to issue Initial Public Offering (IPO) in order to raise its paid-up capital to Rs 2 billion by the end of the current fiscal year. As per the decision of the Insurance Board, all the insurance companies need to meet the paid-up capital requirement within the set deadline within this year. The first annual general meeting (AGM) of IME Life Insurance held on Wednesday, January 10, endorsed the proposal to issue the IPO.</p> <p>The AGM also decided to implement ten new insurance policies. The meeting also approved the company’s annual audit report.</p> <p>Likewise, the meeting appointed Dr Ram Hari Aryal, Iswor Kumar Karki, Deep Chandra Regmi and Sanjay Adhikari as the company’s board members representing the establishment faction of the company. Similarly, an independent expert, Aswini Kumar Thakur, has also been appointed a board member of the company.</p> <p>A meeting of the Board of Directors of the company unanimously elected Dr Ram Hari Aryal as the company’s chairman.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7084', 'image' => null, 'article_date' => '2018-01-11 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' => '7317', 'article_category_id' => '1', 'title' => 'Arun Finance renamed into Hathway Finance', 'sub_title' => '', 'summary' => 'January 12: Arun Finance Company been renamed into Hathway Finance. ', 'content' => '<p>January 12: Arun Finance Company been renamed into Hathway Finance. The company’s 21<sup>st</sup> annual general meeting held in Dharan on Thursday, January 12, approved the proposal to change the company’s name and logo.</p> <p>Likewise, the meeting also approved the proposal to issue right share in the ration of 1:1.80. The AGM appointed three founding members – Ambika Prasad Poudel, Lila Nath Adhikari and Prakash Tiwari – to the board of directors of the company. </p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7098', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '7316', 'article_category_id' => '1', 'title' => 'Morning Procession of Global IME Branch', 'sub_title' => '', 'summary' => 'January 12: Global IME Bank’s branches in Butwal organised a morning procession on the occasion of the bank’s 11th anniversary on Thursday, January 11. ', 'content' => '<p>January 12: Global IME Bank’s branches in Butwal organised a morning procession on the occasion of the bank’s 11<sup>th</sup> anniversary on Thursday, January 11. The bank’s Butwal-based Ram Mandir branch and Milanchowk branch at Chauraha, Butwal organised the procession to mark its anniversary.</p> <p>The procession started from Ram Mandir Line and went around Butwal town and convened at Chauraha. Jog Lal Bhusal, branch manager of Ram Mandir branch, and Khem Nath Sharma, branch manager of Milanchowk branch urged the public to develop saving habit.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7097', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '7314', 'article_category_id' => '1', 'title' => 'Construction of Kaligandaki Corridor gains pace', 'sub_title' => '', 'summary' => 'January 12: The construction of road from Kalikot to Humla has gained pace after almost a decade of dillydallying. ', 'content' => '<p>January 12: The construction of road from Kalikot to Humla has gained pace after almost a decade of dillydallying. Out of the total 196 kilometres of road of the Karnali Corridor project, 66 kilometers has already been completed.</p> <p>The construction works started gaining momentum after the Nepalese Army took over the construction work. The 33-kilometre road section from Kalikot’s Lalighat to Ghataparichaur and another 33-kilometre road section from Bajura’s Ratadanda to Arthugechaur have been completed so far.</p> <p>The Nepalese Army’s construction division informed that vehicles can be operated in the 66-kilometer road which lies in between Kalokot’s Khulalu to Humla’s Simikot.</p> <p>“We are yet to blast the rocks in a four-kilometer stretch between Bhukkakhola to Tolibhir,” said the Nepalese Army’s in-charge Indiwar Gurung.</p> <p>Of late, the Nepalese Army has expedited the construction work which had remained stalled in the past ten years. According to the army sources, they are planning to complete the construction works within the deadline given to them.</p> <p>Humla is the only district which is yet to be connected to the national network of roads.</p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7096', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '7311', 'article_category_id' => '1', 'title' => 'Agni Motoinc launches Mojo in Pokhara', 'sub_title' => '', 'summary' => 'January 12: Agni Moto Inc, a subsidiary of Agni Group and the sole authorized distributor of Mahindra two-wheelers in Nepal, along with Asian Automobiles, the authorized dealer of Agni Moto Inc for Pokhara, on Thursday (January 11) launched Mojo bike in Pokhara.', 'content' => '<p><strong>January 12: </strong>Agni Moto Inc, a subsidiary of Agni Group and the sole authorized distributor of Mahindra two-wheelers in Nepal, along with Asian Automobiles, the authorized dealer of Agni Moto Inc for Pokhara, on Thursday (January 11) launched Mojo bike in Pokhara.</p> <p>Mahindra’s Mojo is being launched simultaneously in Narayanghat, Butwal, Bhairahwa and Birtamode, and will be available across the 10-dealer network of Agni Group in Nepal, reads a press statement issued by the company.</p> <p>The bike was unveiled in a launch event held at the ‘Saphal Rashtriya Audhogik Byapar Mela 2074, Pokhara,’ on the of January 11. Agni Moto Inc said it will also be providing a Mojo jacket for the first few buyers on the occasion of the launch of Mojo.</p> <p>According to the company, Mahindra Mojo is powered by a 300cc liquid cooled, EFI single-cylinder engine, which produces maximum power of 27bhp and peak torque of 30Nm. It has been developed in-house, with inputs from global partners and is designed to be on par with global products of this class.</p> <p>Mojo comes equipped with a-state-of-the-art engine with DOHC (Double Over Head Camshaft), low friction piston and rings, advanced EFI (Electronic Fuel Ignition), iridium spark plug, resonator fitted intake system and twin exhausts, reads the statement.</p> <p>It uses a twin tube frame with high torsional rigidity, inverted front fork with rigid triple clamp mounting and high-pressure gas charged offset rear mono-shox with separator floating piston, largest 320mm radially mounted front disc brakes and Pirelli Diablo Rosso II tyres.</p> <p>According to the company, these features are enhanced with a 21-litre fuel tank, the largest in its class, to ensure it can cover longer distances on road effortlessly. The handlebar and footrest placement of Mojo offer an upright riding stance which enhances the comfort of long distance riding.</p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7095', 'image' => '20180112105918_Mahindra MOJO7.jpg', 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '7313', 'article_category_id' => '1', 'title' => 'Udayapur Cement’s Production Increases', 'sub_title' => '', 'summary' => 'January 12: The production of cement at the state-owned Udayapur Cement Factory has increased in the recent days. ', 'content' => '<p>January 12: The production of cement at the state-owned Udayapur Cement Factory has increased in the recent days. According to the cement factory, it has been producing 700 metric tons of cement per day as per the increasing demand and improvement in the condition of machines of the factory.</p> <p>According to the factory, its income from the sale of cement has been more than Rs 250 million in the current fiscal year.</p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7094', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '7310', 'article_category_id' => '1', 'title' => 'China, UNDP to provide post-flood recovery assistance to Nepal', 'sub_title' => 'Over 31,800 households in affected areas of tarai to benefit from USD 4 million grant', 'summary' => 'January 12: The Chinese government has joined hands with UNDP Nepal to provide USD 4 million to support recovery efforts in Nepal’s tarai region affected by one of the worst floods in the recent history. ', 'content' => '<p>January 12: The Chinese government has joined hands with UNDP Nepal to provide USD 4 million to support recovery efforts in Nepal’s tarai region affected by one of the worst floods in the recent history. The assistance provided under the framework of the Chinese South Asia Cooperation Assistance Fund, will reach 31,800 households in Sunsari, Saptari, Sarlahi, Dhanusha, Mahottari, Rautahat and Parsa districts of provinces 1 and 2, reads a statement issued by UNDP Nepal.</p> <p>According to UNDP Nepal, this assistance has come as a response to the extensive damage and displacement caused by the 2017 floods in the southern plains of the country. In August last year, the tarai region experienced the heaviest rainfall recorded in the past 60 years, resulting in widespread flooding across 35 districts, taking the lives of 134 people, destroying over 43,000 houses, partially damaging 192,000 houses, and displacing tens of thousands of people. Over 80 percent of land in the southern tarai region was inundated, according to UNDP Nepal. A post-flood assessment conducted by the Government of Nepal found that 1.7 million people were affected by the disaster.</p> <p>The project funded by China and implemented by UNDP will work in close coordination with the Government of Nepal’s Flood Reconstruction and Rehabilitation Project under the National Reconstruction Authority (NRA) through which the recovery package was finalized and beneficiary households were identified, the statement further says.</p> <p> At the field level, the project will collaborate with newly elected governments in carrying out the distribution of a package of non-food items, which includes shawls, blankets, cooking utensils, an insecticide-treated bed net, a clean cooking stove, a water filter and hygiene kits.</p> <p>“The Government of Nepal would like to thank the People’s Republic of China for providing crucial post-flood recovery support to the affected people of Nepal,” said Dr Suman Kumar Karna, project chief of Flood Reconstruction and Rehabilitation Project at NRA.<br /> <br /> Chinese Ambassador to Nepal Yu Hong expressed satisfaction at being able to contribute to the post-flood recovery. “Last August, the Chinese government provided USD 1 million grant assistance to the Government of Nepal for flood disaster relief. This time, we offer another USD 4 million to help the Nepali people in the flood affected tarai region recover from the disaster. We are glad to work together with UDNP to provide this recovery package, which includes some basics that are certain to prove handy in a post-flood situation, ” said the Chinese ambassador.</p> <p>To ensure efficiency and transparency of the distribution process, UNDP is using a mobile app, developed with technical support from Microsoft that enables project staff to work seamlessly through multiple distribution channels and track the progress against set targets, using a unified database of beneficiaries. Details of individual households are recorded in the system and the heads of the households are provided with a QR card, which they must present when collecting their packages at the nearest distribution centre.</p> <p>“We are pleased to partner with the Government of the People’s Republic of China in contributing to the recovery of flood affected families,” said UNDP Country Director Renaud Meyer. “We trust these packages of essential non-food items will help flood victims resume their livelihoods and recover rapidly from the disaster.”</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7093', 'image' => '20180111110656_Photo.JPG', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '7312', 'article_category_id' => '1', 'title' => 'NRB Instructs Revenue Offices, BFIs to remain Open on Saturdays', 'sub_title' => '', 'summary' => 'January 12: Nepal Rastra Bank has instructed revenue collection offices as well as bank and financial institutions to remain open on the last Saturday of certain months to ensure that the revenue collection does not get affected.', 'content' => '<p>January 12: Nepal Rastra Bank has instructed revenue collection offices as well as bank and financial institutions to remain open on the last Saturday of certain months to ensure that the revenue collection does not get affected. The central bank issued such instruction as per the decision taken by the Ministry of Finance on September 17 to help the Revenue Management Division collect taxes during the Nepali months of Asoj, Poush, Chaitra and Asar.</p> <p>Following the NRB instruction, the concerned government offices and BFIs will have to remain open during public holidays and on Saturdays during the last week of every third month of the fiscal year from now onwards. </p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7092', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '7315', 'article_category_id' => '1', 'title' => 'Standard Chartered AGM Approves Bonus Share Distribution', 'sub_title' => '', 'summary' => 'January 12: The 31st Annual General Meeting of Standard Chartered Bank on Wednesday, January 10, has approved a proposal of the bank to distribute 100 percent bonus shares.', 'content' => '<p>January 12: The 31<sup>st</sup> Annual General Meeting of Standard Chartered Bank on Wednesday, January 10, has approved a proposal of the bank to distribute 100 percent bonus shares. According to the bank, its total paid-up capital will reach Rs 8.1 billion after distribution of the bonus shares. Currently, the bank’s paid-up capital is Rs 4 billion.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7091', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '7309', 'article_category_id' => '1', 'title' => 'South Asian Handicraft Festival in Kathmandu from Friday', 'sub_title' => '', 'summary' => 'January 11: Poverty Alleviation Fund (PAF), Nepal is organizing South Asian Festival on Handicrafts: Meetings and Marketplaces in Kathmandu on 12-14 January.', 'content' => '<p>January 11: Poverty Alleviation Fund (PAF), Nepal is organizing South Asian Festival on Handicrafts: Meetings and Marketplaces in Kathmandu on 12-14 January.</p> <p>The highlight of the three-day festival will be the launch of Nepal Ko – a new brand of exquisite handicrafts produced by Nepali artisans, PAF said in a statement.</p> <p>Crafts from India and Pakistan will also be showcased in this mega event at De L’ Annapurna Hotel, Durbarmarg, Kathmandu.</p> <p>According to PAF, around 200 products categorized under 10 different skill sets will be displayed at 20 stalls -- 18 for Nepali and one each for Indian and Pakistani crafts.</p> <p>The festival aims to promote a wide range of handicrafts produced by Nepali artisans supported by Making Markets Work for Conflict Affected in Nepal -- a PAF-implemented project.</p> <p>The event is a marketing platform to showcase the Artisan livelihood initiatives implemented by PAF Nepal, and similar initiatives from neighboring countries. It aims to facilitate a dialogue between different stakeholders in the region, and is expected to promote cross-cultural learning and interactions.</p> <p>“The objective of the project is to increase the share of rural artisans – especially from the poorest, landless and conflict-affected communities – in the crafts and cultural market,” the statement quoted PAF’s Executive Director Nahakul KC as saying. </p> <p>He added that the project has benefitted poor and disadvantaged people including women and persons with disabilities, particularly from the areas affected by the conflict and social unrest.</p> <p>PAF has been implementing this project in seven districts (Dailekh, Dang, Dhanusha, Terhathum, Kapilvastu, Myagdi and Gorkha), enabling skilled artisans to increase their incomes and improve their livelihoods by connecting them to markets. The project is supported by the Japan Social Development Fund (JSDF) and managed by the World Bank, reads the statement.</p> <p>Under this project, PAF has successfully impacted more than 7,500 rural artisans through 365 Producer Groups (PG) and 10 registered Producer Federations. Each PG comprises 20-25 individuals running startups and small enterprises. PAF said it has also helped set up 10 Common Facility Centers (CFCs) equipped with modern equipment, beside other facilities such as raw material stores that are now used by artisans to produce high quality marketable produces for the global market.</p> <p>The handicrafts produced by the PAF-supported artisans will be showcased and sold during the festival, which will be inaugurated by Finance Minister Gyanendra Bahadur Karki. Visitors can explore a variety of handicrafts made with Allo (Himalayan Nettle), Lokta, wool, moonj grass and recycle papers.</p> <p>Another key aspect of the event will be high-level panel discussions among some of the best minds of the region on a wide range of issues like village economy, women entrepreneurship and cultural industries and South Asian integration.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7090', 'image' => '20180111082645_PAF-log.jpg', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '7308', 'article_category_id' => '1', 'title' => 'BOK Starts Two More Branches', 'sub_title' => '', 'summary' => 'January 11: Bank of Kathmandu (BOK) has opened two branches in two different places.', 'content' => '<p>January 11: Bank of Kathmandu (BOK) has opened two branches in two different places. The bank opened branches at Biratchowk of Morang and Imadol of Lalitpur district amid separate functions on Wednesday, January 10.</p> <p>The bank has been providing service from 75 branches, 67 ATM outlets, eight extension counters, and 17 branchless banking services.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7089', 'image' => '20180111044654_bok.jpg', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '7307', 'article_category_id' => '1', 'title' => 'Chameliya Hydropower to Start Production from this Week', 'sub_title' => '', 'summary' => 'January 11: The construction of Chameliya Hydropower Project, which started some 11 years back, is all set to generate electricity within this week.', 'content' => '<p>January 11: The construction of Chameliya Hydropower Project, which started some 11 years back, is all set to generate electricity within this week. The electricity generated from the project will be connected to national grid from Friday, January 11.</p> <p>In the initial stage, a total of 15 MW of electricity will be generated from the project, informed Chameliya Hydropower Project. According to Ajaya Kumar Dahal, head of the project, water is collected in day and night time, and the electricity is produced during evening and morning time.</p> <p>Earlier, it was said that the construction of the project would be completed after the Tihar festival but it took two more months to complete the project.</p> <p>The project started in 2007 and was initially said to be completed within five years. A total of Rs 16 billion has been invested in the project. </p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7088', 'image' => null, 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '7303', 'article_category_id' => '1', 'title' => 'Sunrise Opens New Branch in Sanepa', 'sub_title' => '', 'summary' => 'January 11: Sunrise Bank has opened a branch in Sanepa, Lalitpur. ', 'content' => '<p>January 11: Sunrise Bank has opened a branch in Sanepa, Lalitpur. Nepal Rastra Bank’s Deputy Governor Chintamani Siwakoti inaugurated the branch amid a function on Wednesday, January 10.</p> <p>The bank’s Chief Executive Officer Ratna Raj Bajracharya said that the bank opened the branch with an aim to provide quick and easy access to modern banking services for its customers. Currently, the bank has been provided services through 72 branches, 91 ATM outlets, 18 branchless banking service and three extension counters.</p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7087', 'image' => '20180111011915_sunrise.jpg', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '7306', 'article_category_id' => '1', 'title' => 'FCAN Delegation Meets with Finance Minister', 'sub_title' => '', 'summary' => 'January 11: A delegation of Federation of Contractors’ Association of Nepal (FCAN) held a meeting with Finance Minister Gyanendra Bahadur Karki on Wednesday, January 11 to discuss about the general problems faced by the construction entrepreneurs.', 'content' => '<p>January 11: A delegation of Federation of Contractors’ Association of Nepal (FCAN) held a meeting with Finance Minister Gyanendra Bahadur Karki on Wednesday, January 11 to discuss about the general problems faced by the construction entrepreneurs.</p> <p>The delegation led by FCAN President Bishnu Bhai Shrestha apprised the minister about the problems faced by the entrepreneurs due to blocked payment and price increment of construction materials and asked the minister’s cooperation in solving their problem.</p> <p>The delegation drew the attention of the minister Karki towards the increase in prices of fuel, iron and other raw materials as well as cement, aggregates and sand in the past few weeks.</p> <p>FCAN President Shrestha appealed to the minister to make necessary efforts to reduce the price hike.</p> <p>Likewise, the meeting informed the minister that the contractors are facing crisis despite completing their work due to the delay in release of budget.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7086', 'image' => null, 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '7302', 'article_category_id' => '1', 'title' => 'Hyundai’s Winter Delight Scheme', 'sub_title' => '', 'summary' => 'January 11: Laxmi InterContinental Pvt Ltd, the sole distributor of Hyundai vehicles in Nepal, has launched the Hyundai Winter Delight Scheme this winter.', 'content' => '<p>January 11: Laxmi InterContinental Pvt Ltd, the sole distributor of Hyundai vehicles in Nepal, has launched the Hyundai Winter Delight Scheme this winter.</p> <p>This scheme provides customers with attractive cash discount of up to Rs 696,000 on purchase of any Hyundai vehicle, according to the company.</p> <p>Under this scheme, customers will also get free comprehensive insurance for one year, exchange bonus up to Rs 100,000, loyalty bonus worth Rs 20,000 along with spot exchange and valuation facility, reads a press statement issued by the company.</p> <p>Besides that, every Hyundai vehicle comes with four years of free service and three years warranty.</p> <p>The company informed that this scheme is valid for a limited period of time.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7085', 'image' => '20180111011555_Hyundai-WD-Mnemonic.jpg', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '7305', 'article_category_id' => '1', 'title' => 'IME Life Insurance holds AGM', 'sub_title' => '', 'summary' => 'January 11: IME Life Insurance Company has decided to issue Initial Public Offering (IPO) in order to raise its paid-up capital to Rs 2 billion by the end of the current fiscal year. ', 'content' => '<p>January 11: IME Life Insurance Company has decided to issue Initial Public Offering (IPO) in order to raise its paid-up capital to Rs 2 billion by the end of the current fiscal year. As per the decision of the Insurance Board, all the insurance companies need to meet the paid-up capital requirement within the set deadline within this year. The first annual general meeting (AGM) of IME Life Insurance held on Wednesday, January 10, endorsed the proposal to issue the IPO.</p> <p>The AGM also decided to implement ten new insurance policies. The meeting also approved the company’s annual audit report.</p> <p>Likewise, the meeting appointed Dr Ram Hari Aryal, Iswor Kumar Karki, Deep Chandra Regmi and Sanjay Adhikari as the company’s board members representing the establishment faction of the company. Similarly, an independent expert, Aswini Kumar Thakur, has also been appointed a board member of the company.</p> <p>A meeting of the Board of Directors of the company unanimously elected Dr Ram Hari Aryal as the company’s chairman.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7084', 'image' => null, 'article_date' => '2018-01-11 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' => '7317', 'article_category_id' => '1', 'title' => 'Arun Finance renamed into Hathway Finance', 'sub_title' => '', 'summary' => 'January 12: Arun Finance Company been renamed into Hathway Finance. ', 'content' => '<p>January 12: Arun Finance Company been renamed into Hathway Finance. The company’s 21<sup>st</sup> annual general meeting held in Dharan on Thursday, January 12, approved the proposal to change the company’s name and logo.</p> <p>Likewise, the meeting also approved the proposal to issue right share in the ration of 1:1.80. The AGM appointed three founding members – Ambika Prasad Poudel, Lila Nath Adhikari and Prakash Tiwari – to the board of directors of the company. </p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7098', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '7316', 'article_category_id' => '1', 'title' => 'Morning Procession of Global IME Branch', 'sub_title' => '', 'summary' => 'January 12: Global IME Bank’s branches in Butwal organised a morning procession on the occasion of the bank’s 11th anniversary on Thursday, January 11. ', 'content' => '<p>January 12: Global IME Bank’s branches in Butwal organised a morning procession on the occasion of the bank’s 11<sup>th</sup> anniversary on Thursday, January 11. The bank’s Butwal-based Ram Mandir branch and Milanchowk branch at Chauraha, Butwal organised the procession to mark its anniversary.</p> <p>The procession started from Ram Mandir Line and went around Butwal town and convened at Chauraha. Jog Lal Bhusal, branch manager of Ram Mandir branch, and Khem Nath Sharma, branch manager of Milanchowk branch urged the public to develop saving habit.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7097', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '7314', 'article_category_id' => '1', 'title' => 'Construction of Kaligandaki Corridor gains pace', 'sub_title' => '', 'summary' => 'January 12: The construction of road from Kalikot to Humla has gained pace after almost a decade of dillydallying. ', 'content' => '<p>January 12: The construction of road from Kalikot to Humla has gained pace after almost a decade of dillydallying. Out of the total 196 kilometres of road of the Karnali Corridor project, 66 kilometers has already been completed.</p> <p>The construction works started gaining momentum after the Nepalese Army took over the construction work. The 33-kilometre road section from Kalikot’s Lalighat to Ghataparichaur and another 33-kilometre road section from Bajura’s Ratadanda to Arthugechaur have been completed so far.</p> <p>The Nepalese Army’s construction division informed that vehicles can be operated in the 66-kilometer road which lies in between Kalokot’s Khulalu to Humla’s Simikot.</p> <p>“We are yet to blast the rocks in a four-kilometer stretch between Bhukkakhola to Tolibhir,” said the Nepalese Army’s in-charge Indiwar Gurung.</p> <p>Of late, the Nepalese Army has expedited the construction work which had remained stalled in the past ten years. According to the army sources, they are planning to complete the construction works within the deadline given to them.</p> <p>Humla is the only district which is yet to be connected to the national network of roads.</p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7096', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '7311', 'article_category_id' => '1', 'title' => 'Agni Motoinc launches Mojo in Pokhara', 'sub_title' => '', 'summary' => 'January 12: Agni Moto Inc, a subsidiary of Agni Group and the sole authorized distributor of Mahindra two-wheelers in Nepal, along with Asian Automobiles, the authorized dealer of Agni Moto Inc for Pokhara, on Thursday (January 11) launched Mojo bike in Pokhara.', 'content' => '<p><strong>January 12: </strong>Agni Moto Inc, a subsidiary of Agni Group and the sole authorized distributor of Mahindra two-wheelers in Nepal, along with Asian Automobiles, the authorized dealer of Agni Moto Inc for Pokhara, on Thursday (January 11) launched Mojo bike in Pokhara.</p> <p>Mahindra’s Mojo is being launched simultaneously in Narayanghat, Butwal, Bhairahwa and Birtamode, and will be available across the 10-dealer network of Agni Group in Nepal, reads a press statement issued by the company.</p> <p>The bike was unveiled in a launch event held at the ‘Saphal Rashtriya Audhogik Byapar Mela 2074, Pokhara,’ on the of January 11. Agni Moto Inc said it will also be providing a Mojo jacket for the first few buyers on the occasion of the launch of Mojo.</p> <p>According to the company, Mahindra Mojo is powered by a 300cc liquid cooled, EFI single-cylinder engine, which produces maximum power of 27bhp and peak torque of 30Nm. It has been developed in-house, with inputs from global partners and is designed to be on par with global products of this class.</p> <p>Mojo comes equipped with a-state-of-the-art engine with DOHC (Double Over Head Camshaft), low friction piston and rings, advanced EFI (Electronic Fuel Ignition), iridium spark plug, resonator fitted intake system and twin exhausts, reads the statement.</p> <p>It uses a twin tube frame with high torsional rigidity, inverted front fork with rigid triple clamp mounting and high-pressure gas charged offset rear mono-shox with separator floating piston, largest 320mm radially mounted front disc brakes and Pirelli Diablo Rosso II tyres.</p> <p>According to the company, these features are enhanced with a 21-litre fuel tank, the largest in its class, to ensure it can cover longer distances on road effortlessly. The handlebar and footrest placement of Mojo offer an upright riding stance which enhances the comfort of long distance riding.</p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7095', 'image' => '20180112105918_Mahindra MOJO7.jpg', 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '7313', 'article_category_id' => '1', 'title' => 'Udayapur Cement’s Production Increases', 'sub_title' => '', 'summary' => 'January 12: The production of cement at the state-owned Udayapur Cement Factory has increased in the recent days. ', 'content' => '<p>January 12: The production of cement at the state-owned Udayapur Cement Factory has increased in the recent days. According to the cement factory, it has been producing 700 metric tons of cement per day as per the increasing demand and improvement in the condition of machines of the factory.</p> <p>According to the factory, its income from the sale of cement has been more than Rs 250 million in the current fiscal year.</p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7094', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '7310', 'article_category_id' => '1', 'title' => 'China, UNDP to provide post-flood recovery assistance to Nepal', 'sub_title' => 'Over 31,800 households in affected areas of tarai to benefit from USD 4 million grant', 'summary' => 'January 12: The Chinese government has joined hands with UNDP Nepal to provide USD 4 million to support recovery efforts in Nepal’s tarai region affected by one of the worst floods in the recent history. ', 'content' => '<p>January 12: The Chinese government has joined hands with UNDP Nepal to provide USD 4 million to support recovery efforts in Nepal’s tarai region affected by one of the worst floods in the recent history. The assistance provided under the framework of the Chinese South Asia Cooperation Assistance Fund, will reach 31,800 households in Sunsari, Saptari, Sarlahi, Dhanusha, Mahottari, Rautahat and Parsa districts of provinces 1 and 2, reads a statement issued by UNDP Nepal.</p> <p>According to UNDP Nepal, this assistance has come as a response to the extensive damage and displacement caused by the 2017 floods in the southern plains of the country. In August last year, the tarai region experienced the heaviest rainfall recorded in the past 60 years, resulting in widespread flooding across 35 districts, taking the lives of 134 people, destroying over 43,000 houses, partially damaging 192,000 houses, and displacing tens of thousands of people. Over 80 percent of land in the southern tarai region was inundated, according to UNDP Nepal. A post-flood assessment conducted by the Government of Nepal found that 1.7 million people were affected by the disaster.</p> <p>The project funded by China and implemented by UNDP will work in close coordination with the Government of Nepal’s Flood Reconstruction and Rehabilitation Project under the National Reconstruction Authority (NRA) through which the recovery package was finalized and beneficiary households were identified, the statement further says.</p> <p> At the field level, the project will collaborate with newly elected governments in carrying out the distribution of a package of non-food items, which includes shawls, blankets, cooking utensils, an insecticide-treated bed net, a clean cooking stove, a water filter and hygiene kits.</p> <p>“The Government of Nepal would like to thank the People’s Republic of China for providing crucial post-flood recovery support to the affected people of Nepal,” said Dr Suman Kumar Karna, project chief of Flood Reconstruction and Rehabilitation Project at NRA.<br /> <br /> Chinese Ambassador to Nepal Yu Hong expressed satisfaction at being able to contribute to the post-flood recovery. “Last August, the Chinese government provided USD 1 million grant assistance to the Government of Nepal for flood disaster relief. This time, we offer another USD 4 million to help the Nepali people in the flood affected tarai region recover from the disaster. We are glad to work together with UDNP to provide this recovery package, which includes some basics that are certain to prove handy in a post-flood situation, ” said the Chinese ambassador.</p> <p>To ensure efficiency and transparency of the distribution process, UNDP is using a mobile app, developed with technical support from Microsoft that enables project staff to work seamlessly through multiple distribution channels and track the progress against set targets, using a unified database of beneficiaries. Details of individual households are recorded in the system and the heads of the households are provided with a QR card, which they must present when collecting their packages at the nearest distribution centre.</p> <p>“We are pleased to partner with the Government of the People’s Republic of China in contributing to the recovery of flood affected families,” said UNDP Country Director Renaud Meyer. “We trust these packages of essential non-food items will help flood victims resume their livelihoods and recover rapidly from the disaster.”</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7093', 'image' => '20180111110656_Photo.JPG', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '7312', 'article_category_id' => '1', 'title' => 'NRB Instructs Revenue Offices, BFIs to remain Open on Saturdays', 'sub_title' => '', 'summary' => 'January 12: Nepal Rastra Bank has instructed revenue collection offices as well as bank and financial institutions to remain open on the last Saturday of certain months to ensure that the revenue collection does not get affected.', 'content' => '<p>January 12: Nepal Rastra Bank has instructed revenue collection offices as well as bank and financial institutions to remain open on the last Saturday of certain months to ensure that the revenue collection does not get affected. The central bank issued such instruction as per the decision taken by the Ministry of Finance on September 17 to help the Revenue Management Division collect taxes during the Nepali months of Asoj, Poush, Chaitra and Asar.</p> <p>Following the NRB instruction, the concerned government offices and BFIs will have to remain open during public holidays and on Saturdays during the last week of every third month of the fiscal year from now onwards. </p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7092', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '7315', 'article_category_id' => '1', 'title' => 'Standard Chartered AGM Approves Bonus Share Distribution', 'sub_title' => '', 'summary' => 'January 12: The 31st Annual General Meeting of Standard Chartered Bank on Wednesday, January 10, has approved a proposal of the bank to distribute 100 percent bonus shares.', 'content' => '<p>January 12: The 31<sup>st</sup> Annual General Meeting of Standard Chartered Bank on Wednesday, January 10, has approved a proposal of the bank to distribute 100 percent bonus shares. According to the bank, its total paid-up capital will reach Rs 8.1 billion after distribution of the bonus shares. Currently, the bank’s paid-up capital is Rs 4 billion.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-12', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7091', 'image' => null, 'article_date' => '2018-01-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '7309', 'article_category_id' => '1', 'title' => 'South Asian Handicraft Festival in Kathmandu from Friday', 'sub_title' => '', 'summary' => 'January 11: Poverty Alleviation Fund (PAF), Nepal is organizing South Asian Festival on Handicrafts: Meetings and Marketplaces in Kathmandu on 12-14 January.', 'content' => '<p>January 11: Poverty Alleviation Fund (PAF), Nepal is organizing South Asian Festival on Handicrafts: Meetings and Marketplaces in Kathmandu on 12-14 January.</p> <p>The highlight of the three-day festival will be the launch of Nepal Ko – a new brand of exquisite handicrafts produced by Nepali artisans, PAF said in a statement.</p> <p>Crafts from India and Pakistan will also be showcased in this mega event at De L’ Annapurna Hotel, Durbarmarg, Kathmandu.</p> <p>According to PAF, around 200 products categorized under 10 different skill sets will be displayed at 20 stalls -- 18 for Nepali and one each for Indian and Pakistani crafts.</p> <p>The festival aims to promote a wide range of handicrafts produced by Nepali artisans supported by Making Markets Work for Conflict Affected in Nepal -- a PAF-implemented project.</p> <p>The event is a marketing platform to showcase the Artisan livelihood initiatives implemented by PAF Nepal, and similar initiatives from neighboring countries. It aims to facilitate a dialogue between different stakeholders in the region, and is expected to promote cross-cultural learning and interactions.</p> <p>“The objective of the project is to increase the share of rural artisans – especially from the poorest, landless and conflict-affected communities – in the crafts and cultural market,” the statement quoted PAF’s Executive Director Nahakul KC as saying. </p> <p>He added that the project has benefitted poor and disadvantaged people including women and persons with disabilities, particularly from the areas affected by the conflict and social unrest.</p> <p>PAF has been implementing this project in seven districts (Dailekh, Dang, Dhanusha, Terhathum, Kapilvastu, Myagdi and Gorkha), enabling skilled artisans to increase their incomes and improve their livelihoods by connecting them to markets. The project is supported by the Japan Social Development Fund (JSDF) and managed by the World Bank, reads the statement.</p> <p>Under this project, PAF has successfully impacted more than 7,500 rural artisans through 365 Producer Groups (PG) and 10 registered Producer Federations. Each PG comprises 20-25 individuals running startups and small enterprises. PAF said it has also helped set up 10 Common Facility Centers (CFCs) equipped with modern equipment, beside other facilities such as raw material stores that are now used by artisans to produce high quality marketable produces for the global market.</p> <p>The handicrafts produced by the PAF-supported artisans will be showcased and sold during the festival, which will be inaugurated by Finance Minister Gyanendra Bahadur Karki. Visitors can explore a variety of handicrafts made with Allo (Himalayan Nettle), Lokta, wool, moonj grass and recycle papers.</p> <p>Another key aspect of the event will be high-level panel discussions among some of the best minds of the region on a wide range of issues like village economy, women entrepreneurship and cultural industries and South Asian integration.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7090', 'image' => '20180111082645_PAF-log.jpg', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '7308', 'article_category_id' => '1', 'title' => 'BOK Starts Two More Branches', 'sub_title' => '', 'summary' => 'January 11: Bank of Kathmandu (BOK) has opened two branches in two different places.', 'content' => '<p>January 11: Bank of Kathmandu (BOK) has opened two branches in two different places. The bank opened branches at Biratchowk of Morang and Imadol of Lalitpur district amid separate functions on Wednesday, January 10.</p> <p>The bank has been providing service from 75 branches, 67 ATM outlets, eight extension counters, and 17 branchless banking services.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-12', 'keywords' => '', 'description' => '', 'sortorder' => '7089', 'image' => '20180111044654_bok.jpg', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '7307', 'article_category_id' => '1', 'title' => 'Chameliya Hydropower to Start Production from this Week', 'sub_title' => '', 'summary' => 'January 11: The construction of Chameliya Hydropower Project, which started some 11 years back, is all set to generate electricity within this week.', 'content' => '<p>January 11: The construction of Chameliya Hydropower Project, which started some 11 years back, is all set to generate electricity within this week. The electricity generated from the project will be connected to national grid from Friday, January 11.</p> <p>In the initial stage, a total of 15 MW of electricity will be generated from the project, informed Chameliya Hydropower Project. According to Ajaya Kumar Dahal, head of the project, water is collected in day and night time, and the electricity is produced during evening and morning time.</p> <p>Earlier, it was said that the construction of the project would be completed after the Tihar festival but it took two more months to complete the project.</p> <p>The project started in 2007 and was initially said to be completed within five years. A total of Rs 16 billion has been invested in the project. </p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7088', 'image' => null, 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '7303', 'article_category_id' => '1', 'title' => 'Sunrise Opens New Branch in Sanepa', 'sub_title' => '', 'summary' => 'January 11: Sunrise Bank has opened a branch in Sanepa, Lalitpur. ', 'content' => '<p>January 11: Sunrise Bank has opened a branch in Sanepa, Lalitpur. Nepal Rastra Bank’s Deputy Governor Chintamani Siwakoti inaugurated the branch amid a function on Wednesday, January 10.</p> <p>The bank’s Chief Executive Officer Ratna Raj Bajracharya said that the bank opened the branch with an aim to provide quick and easy access to modern banking services for its customers. Currently, the bank has been provided services through 72 branches, 91 ATM outlets, 18 branchless banking service and three extension counters.</p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7087', 'image' => '20180111011915_sunrise.jpg', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '7306', 'article_category_id' => '1', 'title' => 'FCAN Delegation Meets with Finance Minister', 'sub_title' => '', 'summary' => 'January 11: A delegation of Federation of Contractors’ Association of Nepal (FCAN) held a meeting with Finance Minister Gyanendra Bahadur Karki on Wednesday, January 11 to discuss about the general problems faced by the construction entrepreneurs.', 'content' => '<p>January 11: A delegation of Federation of Contractors’ Association of Nepal (FCAN) held a meeting with Finance Minister Gyanendra Bahadur Karki on Wednesday, January 11 to discuss about the general problems faced by the construction entrepreneurs.</p> <p>The delegation led by FCAN President Bishnu Bhai Shrestha apprised the minister about the problems faced by the entrepreneurs due to blocked payment and price increment of construction materials and asked the minister’s cooperation in solving their problem.</p> <p>The delegation drew the attention of the minister Karki towards the increase in prices of fuel, iron and other raw materials as well as cement, aggregates and sand in the past few weeks.</p> <p>FCAN President Shrestha appealed to the minister to make necessary efforts to reduce the price hike.</p> <p>Likewise, the meeting informed the minister that the contractors are facing crisis despite completing their work due to the delay in release of budget.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7086', 'image' => null, 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '7302', 'article_category_id' => '1', 'title' => 'Hyundai’s Winter Delight Scheme', 'sub_title' => '', 'summary' => 'January 11: Laxmi InterContinental Pvt Ltd, the sole distributor of Hyundai vehicles in Nepal, has launched the Hyundai Winter Delight Scheme this winter.', 'content' => '<p>January 11: Laxmi InterContinental Pvt Ltd, the sole distributor of Hyundai vehicles in Nepal, has launched the Hyundai Winter Delight Scheme this winter.</p> <p>This scheme provides customers with attractive cash discount of up to Rs 696,000 on purchase of any Hyundai vehicle, according to the company.</p> <p>Under this scheme, customers will also get free comprehensive insurance for one year, exchange bonus up to Rs 100,000, loyalty bonus worth Rs 20,000 along with spot exchange and valuation facility, reads a press statement issued by the company.</p> <p>Besides that, every Hyundai vehicle comes with four years of free service and three years warranty.</p> <p>The company informed that this scheme is valid for a limited period of time.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7085', 'image' => '20180111011555_Hyundai-WD-Mnemonic.jpg', 'article_date' => '2018-01-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '7305', 'article_category_id' => '1', 'title' => 'IME Life Insurance holds AGM', 'sub_title' => '', 'summary' => 'January 11: IME Life Insurance Company has decided to issue Initial Public Offering (IPO) in order to raise its paid-up capital to Rs 2 billion by the end of the current fiscal year. ', 'content' => '<p>January 11: IME Life Insurance Company has decided to issue Initial Public Offering (IPO) in order to raise its paid-up capital to Rs 2 billion by the end of the current fiscal year. As per the decision of the Insurance Board, all the insurance companies need to meet the paid-up capital requirement within the set deadline within this year. The first annual general meeting (AGM) of IME Life Insurance held on Wednesday, January 10, endorsed the proposal to issue the IPO.</p> <p>The AGM also decided to implement ten new insurance policies. The meeting also approved the company’s annual audit report.</p> <p>Likewise, the meeting appointed Dr Ram Hari Aryal, Iswor Kumar Karki, Deep Chandra Regmi and Sanjay Adhikari as the company’s board members representing the establishment faction of the company. Similarly, an independent expert, Aswini Kumar Thakur, has also been appointed a board member of the company.</p> <p>A meeting of the Board of Directors of the company unanimously elected Dr Ram Hari Aryal as the company’s chairman.</p> <p> </p> ', 'published' => true, 'created' => '2018-01-11', 'modified' => '2018-01-11', 'keywords' => '', 'description' => '', 'sortorder' => '7084', 'image' => null, 'article_date' => '2018-01-11 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