
November 23: Lekhnath Community Lions Hospital has received cardiology equipment worth Rs 1.6…
November 23: Lekhnath Community Lions Hospital has received cardiology equipment worth Rs 1.6…
November 23: Tata Motors has started the sale of Hexa motors in Nepal.…
November 22: Janata Bank said it has signed ‘bancassurance’ agreements with various life and non-life insurance companies to provide additional service to its customers.…
November 22: Bank of Kathmandu Ltd has said that its customers will get 10 percent discount while using Visa Card at ‘Café Coffee Day’ in…
November 22: Government is preparing to bring a policy to promote cardamom…
November 22: CG Impex, a subsidiary of Chaudhary Group, has launched two new models of top-load washing machines in the Nepali market.…
November 22: Three S Trade House, the authorized distributor of Datsun for Pokhara region, has launched ‘Datsun Redi go 0.1 L’ in Pokhara on Tuesday, November 21.…
November 22: MAW Earthmovers Pvt Ltd, the authorized distributor of JCB construction and heavy equipment in Nepal, hosted a plant visit trip for its valued customers to JCB’s main facility in Rocester, UK.…
November 22: The 15th Handicraft Trade Fair organized at Bhrikutimandap, Kathmandu has concluded on…
November 22: Experts have urged entrepreneurs to include sustainable development goals (SDGs) in their respective…
November 22: Despite the extension of deadline by Nepal Rastra Bank (NRB) to raise their paid-up capital, a total of only 13 commercial banks have raised the capital by…
November 21: Leaders of major political parties have stressed on a new agenda of economic prosperity in the context of changed political scenario of the…
November 21: Jyoti Bikas Bank has opened a branch at Tarkeshwar of Kathmandu with an objective of providing banking services to all areas of Nepal.…
November 21: Almost 300,000 visitors attended the 15th Handicraft Fair by the end of the fourth day of the expo on Monday,…
November 21: Prabhu Bank has provided financial support to set up a convex mirrors at various turning points along the Ghorahi-Lamahi road section.…
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The equipment was gifted to the hospital by the Lions Club International District 325 B1 Nepal.</span></p> <p>The machine was purchased with the help of Lions Clubs of Australia under the initiative of Man Bahadur Roka, chief advisor to the district chapter of Lions Club. It is believed that the portable heart testing machine will help in the health examination of patients from Lekhnath Municipality and around the area. </p> ', 'published' => true, 'created' => '2017-11-23', 'modified' => '2017-11-23', 'keywords' => '', 'description' => '', 'sortorder' => '6748', 'image' => '20171123013458_lekhnath.jpg', 'article_date' => '2017-11-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6963', 'article_category_id' => '1', 'title' => 'Tata Motors Launch Hexa in Nepal', 'sub_title' => '', 'summary' => 'November 23: Tata Motors has started the sale of Hexa motors in Nepal. ', 'content' => '<p>November 23: Tata Motors has started the sale of Hexa motors in Nepal. Tata Motors’ CEO and Managing Director Guntak Bushek handed over the keys of the new model to 11 customers amid a function in the capital on November 22. The price of the SUV is Rs 7.79 million. The vehicle runs on 2,200 cc diesel engine and features a six-gear manual transmission, reads a press statement issued by the company. A special feature of the vehicle is the ‘super drive mode’ in which the drivers can enjoy the ride in auto, confort, dynamic and rough modes, the company said in the statement. The SUV comes with a projector head lamp, LED tail lamp, 19-inch LOE wheel, six air bags, hill-hold control, hill-descent control, automatic head lamp among other features.</p> ', 'published' => true, 'created' => '2017-11-23', 'modified' => '2017-11-23', 'keywords' => '', 'description' => '', 'sortorder' => '6744', 'image' => null, 'article_date' => '2017-11-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6961', 'article_category_id' => '1', 'title' => 'Janata Bank signs ‘bancassurance’ agreements', 'sub_title' => '', 'summary' => 'November 22: Janata Bank said it has signed ‘bancassurance’ agreements with various life and non-life insurance companies to provide additional service to its customers. ', 'content' => '<p><span style="font-size:13px">November 22: Janata Bank said it has signed ‘bancassurance’ agreements with various life and non-life insurance companies to provide additional service to its customers. Issuing a statement, the bank said that it is has signed ‘bancassurance’ agreement with Union Life Insurance Company and NB Insurance Company amid a programme on Tuesday. The bank, earlier, had signed agreement with Reliable Nepal Life Insurance and Shikhar Insurance. With the signing of agreement, the customers will get insurance service from all the branches of Janata Bank, the statement added. </span></p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6742', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6960', 'article_category_id' => '1', 'title' => 'BOK Visa Card holders to get discount at ‘Café Coffee Day’', 'sub_title' => '', 'summary' => 'November 22: Bank of Kathmandu Ltd has said that its customers will get 10 percent discount while using Visa Card at ‘Café Coffee Day’ in Jawlakhel.', 'content' => '<p><span style="font-size:13px">November 22: Bank of Kathmandu Ltd has said that its customers will get 10 percent discount while using Visa Card at ‘Café Coffee Day’ in Jawlakhel. Different types of coffees from six different countries are available at the café, said the bank in a press release. The release further adds that this is the first branch of the café in Nepal, and this offer has been brought targeting the winter season.</span></p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6741', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6959', 'article_category_id' => '1', 'title' => 'Govt Preparing Policy to Promote Cardamom', 'sub_title' => '', 'summary' => 'November 22: Government is preparing to bring a policy to promote cardamom production.', 'content' => '<p>November 22: Government is preparing to bring a policy to promote cardamom production. The Ministry of Agriculture Development informed that the government is preparing the policy due to the decline in the export of cardamom in the recent times. Deputy spoke person of the ministry, Shankar Sapkota, said that the ministry has started taking suggestions, ideas and opinion from the concerned stakeholders for promotion of cardamom.</p> <p>According to him, the ministry has taken suggestions from the National Planning Commission, Ministry of Co-operatives and Poverty Alleviation, Ministry of Land Reform and Forest to prepare the Cardamom Promotion Policy. Similarly, the ministry has also sought opinion from Finance Ministry and Ministry of Soil Conservation .</p> <p>According to the ministry, all the ministries have given them feedbacks and suggestions except the Finance Ministry.</p> <p>“We sought suggestions from five different government bodies,” Sapkota said , “But we still have not obtained any feedback from the Finance Ministry.”</p> <p>Sapkota said that the policy will be finalized and forwarded to the council of ministers once they get the feedback from the Finance Ministry.</p> <p>The draft prepared by the ministry includes various provisions keeping in view the benefits of the exporters.</p> <p>Ministry expects that the current problems seen in the cardamom production will be automatically solved after the implementation of this policy.</p> <p>Cardamom is one of the main cash crops of Nepal. Cardamom is exported to the foreign countries. But, as compared to the past, the export of cardamom has declined.</p> <p>In the recent years, Nepal has been exporting cardamom worth Rs 3 to 5 billion annually. Data of Nepal Business Promotion Center show that in fiscal year 2015/16, cardamom worth around Rs 4.62 billion was exported. But the export declined to Rs 3.6 billion in FY 2016/17. The ministry informed that cardamom production takes place in 25 districts of the country. </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6740', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6958', 'article_category_id' => '1', 'title' => 'CG Impex Launches 2 New Models Of Washing Machines', 'sub_title' => '', 'summary' => 'November 22: CG Impex, a subsidiary of Chaudhary Group, has launched two new models of top-load washing machines in the Nepali market. ', 'content' => '<p><span style="font-size:13px">November 22: CG Impex, a subsidiary of Chaudhary Group, has launched two new models of top-load washing machines in the Nepali market. With the slogan of ‘The Future of Washing’, CG Impex introduced the 7 kg and 8 kg machines. The two models are fitted with turbo drum, which helps in cleaning clothes in three different ways. The machines also come with smart inverter motor with 10 years’ warranty. The motor is waterproof and stainless, reads a press statement issued by the company. The company said that the washing machines have smart closing door, which saves up to 36 percent of electricity. Chaudhary Group is the authorised distributor of LG brand.</span></p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6739', 'image' => '20171122024334_lg.jpg', 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6957', 'article_category_id' => '1', 'title' => 'Datsun Redi go 0.1 L in Pokhara', 'sub_title' => '', 'summary' => 'November 22: Three S Trade House, the authorized distributor of Datsun for Pokhara region, has launched ‘Datsun Redi go 0.1 L’ in Pokhara on Tuesday, November 21. ', 'content' => '<p><span style="font-size:13px">November 22: Three S Trade House, the authorized distributor of Datsun for Pokhara region, has launched ‘Datsun Redi go 0.1 L’ in Pokhara on Tuesday, November 21. The four-wheeler was launched in Pokhara by the president of Taxi Entrepreneurs Committee, Prakash Mani Tiwari, amid a function.</span></p> <p>The four-wheeler is available at Rs 1.95 million, and the company is giving cash discount of up to Rs 100,000 on the purchase of the vehicle. The four-wheeler has three years’ warranty.</p> <p> According to the company, customers purchasing the vehicle need not pay road tax. The authorized distributor of Datsun for Nepal is Pioneer MotoCorp.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6738', 'image' => '20171122015709_regi.jpg', 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6956', 'article_category_id' => '1', 'title' => 'JCB's Customers Visit Main Plant in UK', 'sub_title' => '', 'summary' => 'November 22: MAW Earthmovers Pvt Ltd, the authorized distributor of JCB construction and heavy equipment in Nepal, hosted a plant visit trip for its valued customers to JCB’s main facility in Rocester, UK. ', 'content' => '<p><span style="font-size:13px">November 22: MAW Earthmovers Pvt Ltd, the authorized distributor of JCB construction and heavy equipment in Nepal, hosted a plant visit trip for its valued customers to JCB’s main facility in Rocester, UK. In the weeklong visit, the Nepali customers witnessed the manufacturing process of one of the world's most trusted heavy equipment machines.</span></p> <p>During the visit, JCB said its customers observed the process of how the machines are built from the delivery of the sheet steel, profiling, laser cutting, welding, paint shop, assembly and finally the finished product. They also inspected the world's first Backhoe loader which was invented by Joseph Cyril Bamford, the founder of JCB, and JCB-made world's fastest diesel car, reads a press statement issued by the company.</p> <p>One of the customers during the visit, Gelje Lama, managing director of Golden Goods Sherpa Construction Pvt Ltd., expressed delight to see how the world best heavy equipment are made ready to face the harshest situations during construction works.</p> <p>”We are very much thankful towards MAW Earthmovers for this lifetime experience given to us,' he said, adding, 'It is satisfying to witness all the manufacturing process.'</p> <p>JCB is one of the world's top three manufacturers of construction equipment that employs around 12,000 people in four continents and sells products in 150 countries through 2,000 dealer depot locations. Currently, JCB said it has some of the finest engineering facilities across the globe, produces a range of over 300 machines and maintains a reputation for unrivalled customer service.</p> <p> In Nepal, JCB is one of the leading brands in backhoe loader, excavator, compactor and loadallAnchor mainly because of their fuel efficiency, low maintenance cost, high performance, high reliability and best after-sales service network.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6737', 'image' => '20171122014618_JCB Visit 3.jpg', 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6955', 'article_category_id' => '1', 'title' => 'Handicraft Fair Concludes with Transaction of Rs 100 Million', 'sub_title' => '', 'summary' => 'November 22: The 15th Handicraft Trade Fair organized at Bhrikutimandap, Kathmandu has concluded on Tuesday.', 'content' => '<p><span style="font-size:13px">November 22: The 15</span><sup>th</sup><span style="font-size:13px"> Handicraft Trade Fair organized at Bhrikutimandap, Kathmandu has concluded on Tuesday. Hem Ratna Shakya, former president of Federation of Handicraft Associations of Nepal (FHAN) and chief coordinator of the fair, informed that the fair recorded transactions worth Rs 100 million.</span></p> <p>According to FHAN, a total of 300,000 people visited the fair. Dharmaraj Shakya, president of FHAN said, “Handicraft has played a vital role in the development of the country’s economy by contributing in export business and also in the creation of employment.” He added that handicrafts worth Rs 5 billion were exported in the last fiscal year.</p> <p>There were 10 pavilions and 180 stalls in the fair. International participants from Bangladesh, Bhutan, Pakistan and China displayed their products in the fair. Participants from 25 districts of Nepal as well as the representatives of the district handicraft associations entrepreneurs associated with FHAN, and Nepal Government’s Poverty Alleviation Fund displayed their products in the fair. The 15<sup>th</sup> Handicraft Trade Fair was organized for five days from November 17 to 21.</p> <p>Products made from wood, metals, gold and silver, felt, wool, dhaka, pashmina, handmade papers, leather and bamboos along with medicinal herbs and orthodox tea were displayed during the trade fair. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6736', 'image' => '20171122013417_20171117161723__MG_0481.jpg', 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6954', 'article_category_id' => '1', 'title' => 'Experts Urge for inclusion of SDGs in Business', 'sub_title' => '', 'summary' => 'November 22: Experts have urged entrepreneurs to include sustainable development goals (SDGs) in their respective businesses.', 'content' => '<p><span style="font-size:13px">November 22: Experts have urged entrepreneurs to include sustainable development goals (SDGs) in their respective businesses.</span></p> <p>Speaking at a discussion programme on the ‘Role of Private Sector in Sustainable Development in Nepal’ on Tuesday (November 21) in the capital, Valerie Julliand, resident coordinator of United Nations in Nepal, said that internalizing the SDGS in business will enhance the goodwill of the business enterprise.</p> <p> “Sustainable goals are business with ethics,” she mentioned during the programme jointly organized by the Embassy of the Republic of Korea in Nepal, Korea International Cooperation Agency (KOICA), Global Compact Nepal, KOICA Alumni Association of Nepal (KAAN) and United Nations Development Project (UNDP).</p> <p>“SDGs is a more holistic approach to development,” said Swarnim Wagle, vice chair of the National Planning Commission (NPC). Differentiating millennium development goals (MDGs) from SDGs, he said that MDGs are simple and time-bound while SDGs are quantifying. Similarly, explaining the different layers of implementation of the SDGs he added that the public sector needs to lead sectors such as agriculture, health, transportation, education while the private sector needs to lead industry, energy, housing andtourism sectors. Stating that the SDGS are national responsibility, he urged for coordination between different layers of government and coordination among the public and private sectors for the implementation of the SDGs.</p> <p>Meanwhile, CG Foundation is coming up with 43 new initiatives to meet the SDGs.,said Nirvana Chaudhary, managing director of Chaudhary Group. Similarly, addressing the demands of the private sector to reform and amend policies, joint secretary at the Ministry of Industry (MoI), Pradip Koirala, made commitment to reform the policies that are obstructing the works of the private sector. </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6735', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6953', 'article_category_id' => '1', 'title' => 'Only 13 Banks have Raised the Paid-up Capital', 'sub_title' => '', 'summary' => 'November 22: Despite the extension of deadline by Nepal Rastra Bank (NRB) to raise their paid-up capital, a total of only 13 commercial banks have raised the capital by mid-November.', 'content' => '<p><span style="font-size:13px">November 22: Despite the extension of deadline by Nepal Rastra Bank (NRB) to raise their paid-up capital, a total of only 13 commercial banks have raised the capital by mid-November. The central bank had directed the commercial banks to raise their paid-up capital to Rs 8 billion by July 2017. But, only five banks met the criteria set by the central bank within the deadline.</span></p> <p>As only five banks, namely Global IME Bank, Nepal Bank, Nepal Investment Bank Ltd, Rastriya Banijya Bank, and Agriculture Development Bank Ltd, raised the paid-up capital to Rs 8 billion, the central bank had extended the deadline by six months till December 2017. It has been more than four months since the NRB extended the deadline, but only eight additional banks have raised their paid-up capital as per the criteria set by the central bank. These banks opted to issue bonus shares, right shares as well as merger and acquisition to meet the ceiling set by NRB.</p> <p>According to the Banks and Financial Institution Act-2016 (BAFIA), the banks should complete the audit work within four months after the completion of the fiscal year. If the banks fail to prepare the audit report, then it has to request the central bank to extend the deadline for two months to raise the paid-up capital. So, the banks and financial institutions (BFIs) should raise the paid-up capital by the end of December at any cost.</p> <p>According to the monetary policy of NRB, it will stop BFIs from expanding their branches, collecting deposits, issuing rights and bonus shares, among others if they don’t comply with the directives of the central bank. Currently, all the commercial banks are preparing to raise the paid-up capital to Rs 8 billion within the time period set by NRB.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6734', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6952', 'article_category_id' => '1', 'title' => 'Economic Prosperity Has Become Common Agenda Of All Parties: Mahat', 'sub_title' => '', 'summary' => 'November 21: Leaders of major political parties have stressed on a new agenda of economic prosperity in the context of changed political scenario of the nation.', 'content' => '<p><span style="font-size:13px">November 21: Leaders of major political parties have stressed on a new agenda of economic prosperity in the context of changed political scenario of the nation. They made such remarks at the National Economic Debate organised by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) with the slogan "Today's Determination, Economic Prosperity" in the capital on November 20.</span></p> <p> They said that political stability, good governance and self-sustaining economy are the pre-requisites for economic development. Leaders present at the function on Monday pledged to implement the programmes and agendas mentioned in their election manifestos after the elections.</p> <p>Former prime minister and Chairman of CPN-UML K P Oli stressed on the need to adopt to the new federal structure to gain economic prosperity.</p> <p>“Things that were not possible in 70 years are now possible in 17 years due to the advancement of technology,” said Oli. He further said that Nepal should benefit from the use of international-standard technology.</p> <p> </p> <p>Oli said that there won’t be any problem of budget allocation for development works if the government leadership has clear vision and plans. He also claimed that the next government will chart out the map for the economic prosperity of the country.</p> <p>Nepali Congress leader and former finance minister Dr Ram Sharan Mahat said that their new agenda is economic prosperity but challenges remain in achieving the goal.</p> <p>“Economic prosperity has become the common agenda of all parties. But now, we are heading towards a three-tier system of governance which is expected to increase the expenses of the government. Bureaucracy is being politicized. And if we are to achieve economic prosperity, first and foremost we must give attention to these things,” said Mahat.</p> <p>Communist Party of Nepal (Maoist Center) leader and former finance minister Krishna Bahadur Mahara mentioned that sustainable development and economic prosperity are the priorities of the nation. He claimed that the manifesto of the left alliance has also been prepared accordingly. Co-Chairman of Federal Socialist Forum, Rajendra shrestha, said that lack of far sightedness of the political leaders has become a hindrance for smooth development.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-21', 'modified' => '2017-11-21', 'keywords' => '', 'description' => '', 'sortorder' => '6733', 'image' => null, 'article_date' => '2017-11-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6951', 'article_category_id' => '1', 'title' => 'Jyoti Bikas Bank Opens Branch at Tarkeshwar', 'sub_title' => '', 'summary' => 'November 21: Jyoti Bikas Bank has opened a branch at Tarkeshwar of Kathmandu with an objective of providing banking services to all areas of Nepal. ', 'content' => '<p><span style="font-size:13px">November 21: Jyoti Bikas Bank has opened a branch at Tarkeshwar of Kathmandu with an objective of providing banking services to all areas of Nepal. Tarkeshwar Municipality’s Mayor Rameshwar Bohora and the bank’s Chairman Hari Chandra Khadka jointly inaugurated the branch amid a function on Monday, November 20. The bank had opened a branch at Ramgopalpur of Mahottari last week as per the policy of Nepal Rastra Bank to render services at all levels of the state in the new federal setup. </span></p> ', 'published' => true, 'created' => '2017-11-21', 'modified' => '2017-11-21', 'keywords' => '', 'description' => '', 'sortorder' => '6732', 'image' => '20171121031223_download.jpg', 'article_date' => '2017-11-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6950', 'article_category_id' => '1', 'title' => '300,000 Visitors Attend Handicraft Fair', 'sub_title' => '', 'summary' => 'November 21: Almost 300,000 visitors attended the 15th Handicraft Fair by the end of the fourth day of the expo on Monday, ', 'content' => '<p><span style="font-size:13px">November 21: Almost 300,000 visitors attended the 15</span><sup>th</sup><span style="font-size:13px"> Handicraft Fair by the end of the fourth day of the expo on Monday, November 20. On Monday alone, around 38,000 visitors attended the fair being held at Bhrikutimandap, Kathmandu, informed the organisers.</span></p> <p>Federation of Handicraft Association of Nepal (FHAN) Vice President Prachanda Shakya informed that there has been transaction worth Rs 10 million so far during the fair. The handicraft fair features stalls of leather wears, woolen clothes, felt, herbal products, woodworks, metallic idols, gold, silver and paper products among others.</p> <p>There are ten pavilions and 180 stalls in the fair. Bangladesh, Bhutan, Pakistan and China are also displaying their products in the fair.</p> <p>FHAN organised the five day fair in the capital from November 17-21 with an objective to promote handicrafts. </p> ', 'published' => true, 'created' => '2017-11-21', 'modified' => '2017-11-21', 'keywords' => '', 'description' => '', 'sortorder' => '6731', 'image' => '20171121030620__DSC8688.jpg', 'article_date' => '2017-11-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6949', 'article_category_id' => '1', 'title' => 'Prabhu Bank helps in Setting up Convex Mirrors', 'sub_title' => '', 'summary' => ' November 21: Prabhu Bank has provided financial support to set up a convex mirrors at various turning points along the Ghorahi-Lamahi road section. ', 'content' => '<p><span style="font-size:13px"> November 21: Prabhu Bank has provided financial support to set up a convex mirrors at various turning points along the Ghorahi-Lamahi road section. The District Traffic Police Office (DTPO) has placed the mirrors at seven different bends of road section with a view to minimize road accident. The DTPO chief Om Prakash Wagle said that the mirrors were set up at accident prone areas. The mirrors clearly show vehicles coming from the other side of the bend and this is expected to reduce the number of accidents.</span></p> ', 'published' => true, 'created' => '2017-11-21', 'modified' => '2017-11-21', 'keywords' => '', 'description' => '', 'sortorder' => '6730', 'image' => null, 'article_date' => '2017-11-21 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' => '6967', 'article_category_id' => '1', 'title' => 'Lekhnath Community Lions Hospital Receives Cardiology Equipment', 'sub_title' => '', 'summary' => 'November 23: Lekhnath Community Lions Hospital has received cardiology equipment worth Rs 1.6 million.', 'content' => '<p><span style="font-size:13px">November 23: Lekhnath Community Lions Hospital has received cardiology equipment worth Rs 1.6 million. The equipment was gifted to the hospital by the Lions Club International District 325 B1 Nepal.</span></p> <p>The machine was purchased with the help of Lions Clubs of Australia under the initiative of Man Bahadur Roka, chief advisor to the district chapter of Lions Club. It is believed that the portable heart testing machine will help in the health examination of patients from Lekhnath Municipality and around the area. </p> ', 'published' => true, 'created' => '2017-11-23', 'modified' => '2017-11-23', 'keywords' => '', 'description' => '', 'sortorder' => '6748', 'image' => '20171123013458_lekhnath.jpg', 'article_date' => '2017-11-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6963', 'article_category_id' => '1', 'title' => 'Tata Motors Launch Hexa in Nepal', 'sub_title' => '', 'summary' => 'November 23: Tata Motors has started the sale of Hexa motors in Nepal. ', 'content' => '<p>November 23: Tata Motors has started the sale of Hexa motors in Nepal. Tata Motors’ CEO and Managing Director Guntak Bushek handed over the keys of the new model to 11 customers amid a function in the capital on November 22. The price of the SUV is Rs 7.79 million. The vehicle runs on 2,200 cc diesel engine and features a six-gear manual transmission, reads a press statement issued by the company. A special feature of the vehicle is the ‘super drive mode’ in which the drivers can enjoy the ride in auto, confort, dynamic and rough modes, the company said in the statement. The SUV comes with a projector head lamp, LED tail lamp, 19-inch LOE wheel, six air bags, hill-hold control, hill-descent control, automatic head lamp among other features.</p> ', 'published' => true, 'created' => '2017-11-23', 'modified' => '2017-11-23', 'keywords' => '', 'description' => '', 'sortorder' => '6744', 'image' => null, 'article_date' => '2017-11-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6961', 'article_category_id' => '1', 'title' => 'Janata Bank signs ‘bancassurance’ agreements', 'sub_title' => '', 'summary' => 'November 22: Janata Bank said it has signed ‘bancassurance’ agreements with various life and non-life insurance companies to provide additional service to its customers. ', 'content' => '<p><span style="font-size:13px">November 22: Janata Bank said it has signed ‘bancassurance’ agreements with various life and non-life insurance companies to provide additional service to its customers. Issuing a statement, the bank said that it is has signed ‘bancassurance’ agreement with Union Life Insurance Company and NB Insurance Company amid a programme on Tuesday. The bank, earlier, had signed agreement with Reliable Nepal Life Insurance and Shikhar Insurance. With the signing of agreement, the customers will get insurance service from all the branches of Janata Bank, the statement added. </span></p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6742', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6960', 'article_category_id' => '1', 'title' => 'BOK Visa Card holders to get discount at ‘Café Coffee Day’', 'sub_title' => '', 'summary' => 'November 22: Bank of Kathmandu Ltd has said that its customers will get 10 percent discount while using Visa Card at ‘Café Coffee Day’ in Jawlakhel.', 'content' => '<p><span style="font-size:13px">November 22: Bank of Kathmandu Ltd has said that its customers will get 10 percent discount while using Visa Card at ‘Café Coffee Day’ in Jawlakhel. Different types of coffees from six different countries are available at the café, said the bank in a press release. The release further adds that this is the first branch of the café in Nepal, and this offer has been brought targeting the winter season.</span></p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6741', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6959', 'article_category_id' => '1', 'title' => 'Govt Preparing Policy to Promote Cardamom', 'sub_title' => '', 'summary' => 'November 22: Government is preparing to bring a policy to promote cardamom production.', 'content' => '<p>November 22: Government is preparing to bring a policy to promote cardamom production. The Ministry of Agriculture Development informed that the government is preparing the policy due to the decline in the export of cardamom in the recent times. Deputy spoke person of the ministry, Shankar Sapkota, said that the ministry has started taking suggestions, ideas and opinion from the concerned stakeholders for promotion of cardamom.</p> <p>According to him, the ministry has taken suggestions from the National Planning Commission, Ministry of Co-operatives and Poverty Alleviation, Ministry of Land Reform and Forest to prepare the Cardamom Promotion Policy. Similarly, the ministry has also sought opinion from Finance Ministry and Ministry of Soil Conservation .</p> <p>According to the ministry, all the ministries have given them feedbacks and suggestions except the Finance Ministry.</p> <p>“We sought suggestions from five different government bodies,” Sapkota said , “But we still have not obtained any feedback from the Finance Ministry.”</p> <p>Sapkota said that the policy will be finalized and forwarded to the council of ministers once they get the feedback from the Finance Ministry.</p> <p>The draft prepared by the ministry includes various provisions keeping in view the benefits of the exporters.</p> <p>Ministry expects that the current problems seen in the cardamom production will be automatically solved after the implementation of this policy.</p> <p>Cardamom is one of the main cash crops of Nepal. Cardamom is exported to the foreign countries. But, as compared to the past, the export of cardamom has declined.</p> <p>In the recent years, Nepal has been exporting cardamom worth Rs 3 to 5 billion annually. Data of Nepal Business Promotion Center show that in fiscal year 2015/16, cardamom worth around Rs 4.62 billion was exported. But the export declined to Rs 3.6 billion in FY 2016/17. The ministry informed that cardamom production takes place in 25 districts of the country. </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6740', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6958', 'article_category_id' => '1', 'title' => 'CG Impex Launches 2 New Models Of Washing Machines', 'sub_title' => '', 'summary' => 'November 22: CG Impex, a subsidiary of Chaudhary Group, has launched two new models of top-load washing machines in the Nepali market. ', 'content' => '<p><span style="font-size:13px">November 22: CG Impex, a subsidiary of Chaudhary Group, has launched two new models of top-load washing machines in the Nepali market. With the slogan of ‘The Future of Washing’, CG Impex introduced the 7 kg and 8 kg machines. The two models are fitted with turbo drum, which helps in cleaning clothes in three different ways. The machines also come with smart inverter motor with 10 years’ warranty. The motor is waterproof and stainless, reads a press statement issued by the company. The company said that the washing machines have smart closing door, which saves up to 36 percent of electricity. Chaudhary Group is the authorised distributor of LG brand.</span></p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6739', 'image' => '20171122024334_lg.jpg', 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6957', 'article_category_id' => '1', 'title' => 'Datsun Redi go 0.1 L in Pokhara', 'sub_title' => '', 'summary' => 'November 22: Three S Trade House, the authorized distributor of Datsun for Pokhara region, has launched ‘Datsun Redi go 0.1 L’ in Pokhara on Tuesday, November 21. ', 'content' => '<p><span style="font-size:13px">November 22: Three S Trade House, the authorized distributor of Datsun for Pokhara region, has launched ‘Datsun Redi go 0.1 L’ in Pokhara on Tuesday, November 21. The four-wheeler was launched in Pokhara by the president of Taxi Entrepreneurs Committee, Prakash Mani Tiwari, amid a function.</span></p> <p>The four-wheeler is available at Rs 1.95 million, and the company is giving cash discount of up to Rs 100,000 on the purchase of the vehicle. The four-wheeler has three years’ warranty.</p> <p> According to the company, customers purchasing the vehicle need not pay road tax. The authorized distributor of Datsun for Nepal is Pioneer MotoCorp.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6738', 'image' => '20171122015709_regi.jpg', 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6956', 'article_category_id' => '1', 'title' => 'JCB's Customers Visit Main Plant in UK', 'sub_title' => '', 'summary' => 'November 22: MAW Earthmovers Pvt Ltd, the authorized distributor of JCB construction and heavy equipment in Nepal, hosted a plant visit trip for its valued customers to JCB’s main facility in Rocester, UK. ', 'content' => '<p><span style="font-size:13px">November 22: MAW Earthmovers Pvt Ltd, the authorized distributor of JCB construction and heavy equipment in Nepal, hosted a plant visit trip for its valued customers to JCB’s main facility in Rocester, UK. In the weeklong visit, the Nepali customers witnessed the manufacturing process of one of the world's most trusted heavy equipment machines.</span></p> <p>During the visit, JCB said its customers observed the process of how the machines are built from the delivery of the sheet steel, profiling, laser cutting, welding, paint shop, assembly and finally the finished product. They also inspected the world's first Backhoe loader which was invented by Joseph Cyril Bamford, the founder of JCB, and JCB-made world's fastest diesel car, reads a press statement issued by the company.</p> <p>One of the customers during the visit, Gelje Lama, managing director of Golden Goods Sherpa Construction Pvt Ltd., expressed delight to see how the world best heavy equipment are made ready to face the harshest situations during construction works.</p> <p>”We are very much thankful towards MAW Earthmovers for this lifetime experience given to us,' he said, adding, 'It is satisfying to witness all the manufacturing process.'</p> <p>JCB is one of the world's top three manufacturers of construction equipment that employs around 12,000 people in four continents and sells products in 150 countries through 2,000 dealer depot locations. Currently, JCB said it has some of the finest engineering facilities across the globe, produces a range of over 300 machines and maintains a reputation for unrivalled customer service.</p> <p> In Nepal, JCB is one of the leading brands in backhoe loader, excavator, compactor and loadallAnchor mainly because of their fuel efficiency, low maintenance cost, high performance, high reliability and best after-sales service network.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6737', 'image' => '20171122014618_JCB Visit 3.jpg', 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6955', 'article_category_id' => '1', 'title' => 'Handicraft Fair Concludes with Transaction of Rs 100 Million', 'sub_title' => '', 'summary' => 'November 22: The 15th Handicraft Trade Fair organized at Bhrikutimandap, Kathmandu has concluded on Tuesday.', 'content' => '<p><span style="font-size:13px">November 22: The 15</span><sup>th</sup><span style="font-size:13px"> Handicraft Trade Fair organized at Bhrikutimandap, Kathmandu has concluded on Tuesday. Hem Ratna Shakya, former president of Federation of Handicraft Associations of Nepal (FHAN) and chief coordinator of the fair, informed that the fair recorded transactions worth Rs 100 million.</span></p> <p>According to FHAN, a total of 300,000 people visited the fair. Dharmaraj Shakya, president of FHAN said, “Handicraft has played a vital role in the development of the country’s economy by contributing in export business and also in the creation of employment.” He added that handicrafts worth Rs 5 billion were exported in the last fiscal year.</p> <p>There were 10 pavilions and 180 stalls in the fair. International participants from Bangladesh, Bhutan, Pakistan and China displayed their products in the fair. Participants from 25 districts of Nepal as well as the representatives of the district handicraft associations entrepreneurs associated with FHAN, and Nepal Government’s Poverty Alleviation Fund displayed their products in the fair. The 15<sup>th</sup> Handicraft Trade Fair was organized for five days from November 17 to 21.</p> <p>Products made from wood, metals, gold and silver, felt, wool, dhaka, pashmina, handmade papers, leather and bamboos along with medicinal herbs and orthodox tea were displayed during the trade fair. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6736', 'image' => '20171122013417_20171117161723__MG_0481.jpg', 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6954', 'article_category_id' => '1', 'title' => 'Experts Urge for inclusion of SDGs in Business', 'sub_title' => '', 'summary' => 'November 22: Experts have urged entrepreneurs to include sustainable development goals (SDGs) in their respective businesses.', 'content' => '<p><span style="font-size:13px">November 22: Experts have urged entrepreneurs to include sustainable development goals (SDGs) in their respective businesses.</span></p> <p>Speaking at a discussion programme on the ‘Role of Private Sector in Sustainable Development in Nepal’ on Tuesday (November 21) in the capital, Valerie Julliand, resident coordinator of United Nations in Nepal, said that internalizing the SDGS in business will enhance the goodwill of the business enterprise.</p> <p> “Sustainable goals are business with ethics,” she mentioned during the programme jointly organized by the Embassy of the Republic of Korea in Nepal, Korea International Cooperation Agency (KOICA), Global Compact Nepal, KOICA Alumni Association of Nepal (KAAN) and United Nations Development Project (UNDP).</p> <p>“SDGs is a more holistic approach to development,” said Swarnim Wagle, vice chair of the National Planning Commission (NPC). Differentiating millennium development goals (MDGs) from SDGs, he said that MDGs are simple and time-bound while SDGs are quantifying. Similarly, explaining the different layers of implementation of the SDGs he added that the public sector needs to lead sectors such as agriculture, health, transportation, education while the private sector needs to lead industry, energy, housing andtourism sectors. Stating that the SDGS are national responsibility, he urged for coordination between different layers of government and coordination among the public and private sectors for the implementation of the SDGs.</p> <p>Meanwhile, CG Foundation is coming up with 43 new initiatives to meet the SDGs.,said Nirvana Chaudhary, managing director of Chaudhary Group. Similarly, addressing the demands of the private sector to reform and amend policies, joint secretary at the Ministry of Industry (MoI), Pradip Koirala, made commitment to reform the policies that are obstructing the works of the private sector. </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6735', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6953', 'article_category_id' => '1', 'title' => 'Only 13 Banks have Raised the Paid-up Capital', 'sub_title' => '', 'summary' => 'November 22: Despite the extension of deadline by Nepal Rastra Bank (NRB) to raise their paid-up capital, a total of only 13 commercial banks have raised the capital by mid-November.', 'content' => '<p><span style="font-size:13px">November 22: Despite the extension of deadline by Nepal Rastra Bank (NRB) to raise their paid-up capital, a total of only 13 commercial banks have raised the capital by mid-November. The central bank had directed the commercial banks to raise their paid-up capital to Rs 8 billion by July 2017. But, only five banks met the criteria set by the central bank within the deadline.</span></p> <p>As only five banks, namely Global IME Bank, Nepal Bank, Nepal Investment Bank Ltd, Rastriya Banijya Bank, and Agriculture Development Bank Ltd, raised the paid-up capital to Rs 8 billion, the central bank had extended the deadline by six months till December 2017. It has been more than four months since the NRB extended the deadline, but only eight additional banks have raised their paid-up capital as per the criteria set by the central bank. These banks opted to issue bonus shares, right shares as well as merger and acquisition to meet the ceiling set by NRB.</p> <p>According to the Banks and Financial Institution Act-2016 (BAFIA), the banks should complete the audit work within four months after the completion of the fiscal year. If the banks fail to prepare the audit report, then it has to request the central bank to extend the deadline for two months to raise the paid-up capital. So, the banks and financial institutions (BFIs) should raise the paid-up capital by the end of December at any cost.</p> <p>According to the monetary policy of NRB, it will stop BFIs from expanding their branches, collecting deposits, issuing rights and bonus shares, among others if they don’t comply with the directives of the central bank. Currently, all the commercial banks are preparing to raise the paid-up capital to Rs 8 billion within the time period set by NRB.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6734', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6952', 'article_category_id' => '1', 'title' => 'Economic Prosperity Has Become Common Agenda Of All Parties: Mahat', 'sub_title' => '', 'summary' => 'November 21: Leaders of major political parties have stressed on a new agenda of economic prosperity in the context of changed political scenario of the nation.', 'content' => '<p><span style="font-size:13px">November 21: Leaders of major political parties have stressed on a new agenda of economic prosperity in the context of changed political scenario of the nation. They made such remarks at the National Economic Debate organised by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) with the slogan "Today's Determination, Economic Prosperity" in the capital on November 20.</span></p> <p> They said that political stability, good governance and self-sustaining economy are the pre-requisites for economic development. Leaders present at the function on Monday pledged to implement the programmes and agendas mentioned in their election manifestos after the elections.</p> <p>Former prime minister and Chairman of CPN-UML K P Oli stressed on the need to adopt to the new federal structure to gain economic prosperity.</p> <p>“Things that were not possible in 70 years are now possible in 17 years due to the advancement of technology,” said Oli. He further said that Nepal should benefit from the use of international-standard technology.</p> <p> </p> <p>Oli said that there won’t be any problem of budget allocation for development works if the government leadership has clear vision and plans. He also claimed that the next government will chart out the map for the economic prosperity of the country.</p> <p>Nepali Congress leader and former finance minister Dr Ram Sharan Mahat said that their new agenda is economic prosperity but challenges remain in achieving the goal.</p> <p>“Economic prosperity has become the common agenda of all parties. But now, we are heading towards a three-tier system of governance which is expected to increase the expenses of the government. Bureaucracy is being politicized. And if we are to achieve economic prosperity, first and foremost we must give attention to these things,” said Mahat.</p> <p>Communist Party of Nepal (Maoist Center) leader and former finance minister Krishna Bahadur Mahara mentioned that sustainable development and economic prosperity are the priorities of the nation. He claimed that the manifesto of the left alliance has also been prepared accordingly. Co-Chairman of Federal Socialist Forum, Rajendra shrestha, said that lack of far sightedness of the political leaders has become a hindrance for smooth development.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-21', 'modified' => '2017-11-21', 'keywords' => '', 'description' => '', 'sortorder' => '6733', 'image' => null, 'article_date' => '2017-11-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6951', 'article_category_id' => '1', 'title' => 'Jyoti Bikas Bank Opens Branch at Tarkeshwar', 'sub_title' => '', 'summary' => 'November 21: Jyoti Bikas Bank has opened a branch at Tarkeshwar of Kathmandu with an objective of providing banking services to all areas of Nepal. ', 'content' => '<p><span style="font-size:13px">November 21: Jyoti Bikas Bank has opened a branch at Tarkeshwar of Kathmandu with an objective of providing banking services to all areas of Nepal. Tarkeshwar Municipality’s Mayor Rameshwar Bohora and the bank’s Chairman Hari Chandra Khadka jointly inaugurated the branch amid a function on Monday, November 20. The bank had opened a branch at Ramgopalpur of Mahottari last week as per the policy of Nepal Rastra Bank to render services at all levels of the state in the new federal setup. </span></p> ', 'published' => true, 'created' => '2017-11-21', 'modified' => '2017-11-21', 'keywords' => '', 'description' => '', 'sortorder' => '6732', 'image' => '20171121031223_download.jpg', 'article_date' => '2017-11-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6950', 'article_category_id' => '1', 'title' => '300,000 Visitors Attend Handicraft Fair', 'sub_title' => '', 'summary' => 'November 21: Almost 300,000 visitors attended the 15th Handicraft Fair by the end of the fourth day of the expo on Monday, ', 'content' => '<p><span style="font-size:13px">November 21: Almost 300,000 visitors attended the 15</span><sup>th</sup><span style="font-size:13px"> Handicraft Fair by the end of the fourth day of the expo on Monday, November 20. On Monday alone, around 38,000 visitors attended the fair being held at Bhrikutimandap, Kathmandu, informed the organisers.</span></p> <p>Federation of Handicraft Association of Nepal (FHAN) Vice President Prachanda Shakya informed that there has been transaction worth Rs 10 million so far during the fair. The handicraft fair features stalls of leather wears, woolen clothes, felt, herbal products, woodworks, metallic idols, gold, silver and paper products among others.</p> <p>There are ten pavilions and 180 stalls in the fair. Bangladesh, Bhutan, Pakistan and China are also displaying their products in the fair.</p> <p>FHAN organised the five day fair in the capital from November 17-21 with an objective to promote handicrafts. </p> ', 'published' => true, 'created' => '2017-11-21', 'modified' => '2017-11-21', 'keywords' => '', 'description' => '', 'sortorder' => '6731', 'image' => '20171121030620__DSC8688.jpg', 'article_date' => '2017-11-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6949', 'article_category_id' => '1', 'title' => 'Prabhu Bank helps in Setting up Convex Mirrors', 'sub_title' => '', 'summary' => ' November 21: Prabhu Bank has provided financial support to set up a convex mirrors at various turning points along the Ghorahi-Lamahi road section. ', 'content' => '<p><span style="font-size:13px"> November 21: Prabhu Bank has provided financial support to set up a convex mirrors at various turning points along the Ghorahi-Lamahi road section. The District Traffic Police Office (DTPO) has placed the mirrors at seven different bends of road section with a view to minimize road accident. The DTPO chief Om Prakash Wagle said that the mirrors were set up at accident prone areas. The mirrors clearly show vehicles coming from the other side of the bend and this is expected to reduce the number of accidents.</span></p> ', 'published' => true, 'created' => '2017-11-21', 'modified' => '2017-11-21', 'keywords' => '', 'description' => '', 'sortorder' => '6730', 'image' => null, 'article_date' => '2017-11-21 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' => '6967', 'article_category_id' => '1', 'title' => 'Lekhnath Community Lions Hospital Receives Cardiology Equipment', 'sub_title' => '', 'summary' => 'November 23: Lekhnath Community Lions Hospital has received cardiology equipment worth Rs 1.6 million.', 'content' => '<p><span style="font-size:13px">November 23: Lekhnath Community Lions Hospital has received cardiology equipment worth Rs 1.6 million. The equipment was gifted to the hospital by the Lions Club International District 325 B1 Nepal.</span></p> <p>The machine was purchased with the help of Lions Clubs of Australia under the initiative of Man Bahadur Roka, chief advisor to the district chapter of Lions Club. It is believed that the portable heart testing machine will help in the health examination of patients from Lekhnath Municipality and around the area. </p> ', 'published' => true, 'created' => '2017-11-23', 'modified' => '2017-11-23', 'keywords' => '', 'description' => '', 'sortorder' => '6748', 'image' => '20171123013458_lekhnath.jpg', 'article_date' => '2017-11-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6963', 'article_category_id' => '1', 'title' => 'Tata Motors Launch Hexa in Nepal', 'sub_title' => '', 'summary' => 'November 23: Tata Motors has started the sale of Hexa motors in Nepal. ', 'content' => '<p>November 23: Tata Motors has started the sale of Hexa motors in Nepal. Tata Motors’ CEO and Managing Director Guntak Bushek handed over the keys of the new model to 11 customers amid a function in the capital on November 22. The price of the SUV is Rs 7.79 million. The vehicle runs on 2,200 cc diesel engine and features a six-gear manual transmission, reads a press statement issued by the company. A special feature of the vehicle is the ‘super drive mode’ in which the drivers can enjoy the ride in auto, confort, dynamic and rough modes, the company said in the statement. The SUV comes with a projector head lamp, LED tail lamp, 19-inch LOE wheel, six air bags, hill-hold control, hill-descent control, automatic head lamp among other features.</p> ', 'published' => true, 'created' => '2017-11-23', 'modified' => '2017-11-23', 'keywords' => '', 'description' => '', 'sortorder' => '6744', 'image' => null, 'article_date' => '2017-11-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6961', 'article_category_id' => '1', 'title' => 'Janata Bank signs ‘bancassurance’ agreements', 'sub_title' => '', 'summary' => 'November 22: Janata Bank said it has signed ‘bancassurance’ agreements with various life and non-life insurance companies to provide additional service to its customers. ', 'content' => '<p><span style="font-size:13px">November 22: Janata Bank said it has signed ‘bancassurance’ agreements with various life and non-life insurance companies to provide additional service to its customers. Issuing a statement, the bank said that it is has signed ‘bancassurance’ agreement with Union Life Insurance Company and NB Insurance Company amid a programme on Tuesday. The bank, earlier, had signed agreement with Reliable Nepal Life Insurance and Shikhar Insurance. With the signing of agreement, the customers will get insurance service from all the branches of Janata Bank, the statement added. </span></p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6742', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6960', 'article_category_id' => '1', 'title' => 'BOK Visa Card holders to get discount at ‘Café Coffee Day’', 'sub_title' => '', 'summary' => 'November 22: Bank of Kathmandu Ltd has said that its customers will get 10 percent discount while using Visa Card at ‘Café Coffee Day’ in Jawlakhel.', 'content' => '<p><span style="font-size:13px">November 22: Bank of Kathmandu Ltd has said that its customers will get 10 percent discount while using Visa Card at ‘Café Coffee Day’ in Jawlakhel. Different types of coffees from six different countries are available at the café, said the bank in a press release. The release further adds that this is the first branch of the café in Nepal, and this offer has been brought targeting the winter season.</span></p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6741', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6959', 'article_category_id' => '1', 'title' => 'Govt Preparing Policy to Promote Cardamom', 'sub_title' => '', 'summary' => 'November 22: Government is preparing to bring a policy to promote cardamom production.', 'content' => '<p>November 22: Government is preparing to bring a policy to promote cardamom production. The Ministry of Agriculture Development informed that the government is preparing the policy due to the decline in the export of cardamom in the recent times. Deputy spoke person of the ministry, Shankar Sapkota, said that the ministry has started taking suggestions, ideas and opinion from the concerned stakeholders for promotion of cardamom.</p> <p>According to him, the ministry has taken suggestions from the National Planning Commission, Ministry of Co-operatives and Poverty Alleviation, Ministry of Land Reform and Forest to prepare the Cardamom Promotion Policy. Similarly, the ministry has also sought opinion from Finance Ministry and Ministry of Soil Conservation .</p> <p>According to the ministry, all the ministries have given them feedbacks and suggestions except the Finance Ministry.</p> <p>“We sought suggestions from five different government bodies,” Sapkota said , “But we still have not obtained any feedback from the Finance Ministry.”</p> <p>Sapkota said that the policy will be finalized and forwarded to the council of ministers once they get the feedback from the Finance Ministry.</p> <p>The draft prepared by the ministry includes various provisions keeping in view the benefits of the exporters.</p> <p>Ministry expects that the current problems seen in the cardamom production will be automatically solved after the implementation of this policy.</p> <p>Cardamom is one of the main cash crops of Nepal. Cardamom is exported to the foreign countries. But, as compared to the past, the export of cardamom has declined.</p> <p>In the recent years, Nepal has been exporting cardamom worth Rs 3 to 5 billion annually. Data of Nepal Business Promotion Center show that in fiscal year 2015/16, cardamom worth around Rs 4.62 billion was exported. But the export declined to Rs 3.6 billion in FY 2016/17. The ministry informed that cardamom production takes place in 25 districts of the country. </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6740', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6958', 'article_category_id' => '1', 'title' => 'CG Impex Launches 2 New Models Of Washing Machines', 'sub_title' => '', 'summary' => 'November 22: CG Impex, a subsidiary of Chaudhary Group, has launched two new models of top-load washing machines in the Nepali market. ', 'content' => '<p><span style="font-size:13px">November 22: CG Impex, a subsidiary of Chaudhary Group, has launched two new models of top-load washing machines in the Nepali market. With the slogan of ‘The Future of Washing’, CG Impex introduced the 7 kg and 8 kg machines. The two models are fitted with turbo drum, which helps in cleaning clothes in three different ways. The machines also come with smart inverter motor with 10 years’ warranty. The motor is waterproof and stainless, reads a press statement issued by the company. The company said that the washing machines have smart closing door, which saves up to 36 percent of electricity. Chaudhary Group is the authorised distributor of LG brand.</span></p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6739', 'image' => '20171122024334_lg.jpg', 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6957', 'article_category_id' => '1', 'title' => 'Datsun Redi go 0.1 L in Pokhara', 'sub_title' => '', 'summary' => 'November 22: Three S Trade House, the authorized distributor of Datsun for Pokhara region, has launched ‘Datsun Redi go 0.1 L’ in Pokhara on Tuesday, November 21. ', 'content' => '<p><span style="font-size:13px">November 22: Three S Trade House, the authorized distributor of Datsun for Pokhara region, has launched ‘Datsun Redi go 0.1 L’ in Pokhara on Tuesday, November 21. The four-wheeler was launched in Pokhara by the president of Taxi Entrepreneurs Committee, Prakash Mani Tiwari, amid a function.</span></p> <p>The four-wheeler is available at Rs 1.95 million, and the company is giving cash discount of up to Rs 100,000 on the purchase of the vehicle. The four-wheeler has three years’ warranty.</p> <p> According to the company, customers purchasing the vehicle need not pay road tax. The authorized distributor of Datsun for Nepal is Pioneer MotoCorp.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6738', 'image' => '20171122015709_regi.jpg', 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6956', 'article_category_id' => '1', 'title' => 'JCB's Customers Visit Main Plant in UK', 'sub_title' => '', 'summary' => 'November 22: MAW Earthmovers Pvt Ltd, the authorized distributor of JCB construction and heavy equipment in Nepal, hosted a plant visit trip for its valued customers to JCB’s main facility in Rocester, UK. ', 'content' => '<p><span style="font-size:13px">November 22: MAW Earthmovers Pvt Ltd, the authorized distributor of JCB construction and heavy equipment in Nepal, hosted a plant visit trip for its valued customers to JCB’s main facility in Rocester, UK. In the weeklong visit, the Nepali customers witnessed the manufacturing process of one of the world's most trusted heavy equipment machines.</span></p> <p>During the visit, JCB said its customers observed the process of how the machines are built from the delivery of the sheet steel, profiling, laser cutting, welding, paint shop, assembly and finally the finished product. They also inspected the world's first Backhoe loader which was invented by Joseph Cyril Bamford, the founder of JCB, and JCB-made world's fastest diesel car, reads a press statement issued by the company.</p> <p>One of the customers during the visit, Gelje Lama, managing director of Golden Goods Sherpa Construction Pvt Ltd., expressed delight to see how the world best heavy equipment are made ready to face the harshest situations during construction works.</p> <p>”We are very much thankful towards MAW Earthmovers for this lifetime experience given to us,' he said, adding, 'It is satisfying to witness all the manufacturing process.'</p> <p>JCB is one of the world's top three manufacturers of construction equipment that employs around 12,000 people in four continents and sells products in 150 countries through 2,000 dealer depot locations. Currently, JCB said it has some of the finest engineering facilities across the globe, produces a range of over 300 machines and maintains a reputation for unrivalled customer service.</p> <p> In Nepal, JCB is one of the leading brands in backhoe loader, excavator, compactor and loadallAnchor mainly because of their fuel efficiency, low maintenance cost, high performance, high reliability and best after-sales service network.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6737', 'image' => '20171122014618_JCB Visit 3.jpg', 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6955', 'article_category_id' => '1', 'title' => 'Handicraft Fair Concludes with Transaction of Rs 100 Million', 'sub_title' => '', 'summary' => 'November 22: The 15th Handicraft Trade Fair organized at Bhrikutimandap, Kathmandu has concluded on Tuesday.', 'content' => '<p><span style="font-size:13px">November 22: The 15</span><sup>th</sup><span style="font-size:13px"> Handicraft Trade Fair organized at Bhrikutimandap, Kathmandu has concluded on Tuesday. Hem Ratna Shakya, former president of Federation of Handicraft Associations of Nepal (FHAN) and chief coordinator of the fair, informed that the fair recorded transactions worth Rs 100 million.</span></p> <p>According to FHAN, a total of 300,000 people visited the fair. Dharmaraj Shakya, president of FHAN said, “Handicraft has played a vital role in the development of the country’s economy by contributing in export business and also in the creation of employment.” He added that handicrafts worth Rs 5 billion were exported in the last fiscal year.</p> <p>There were 10 pavilions and 180 stalls in the fair. International participants from Bangladesh, Bhutan, Pakistan and China displayed their products in the fair. Participants from 25 districts of Nepal as well as the representatives of the district handicraft associations entrepreneurs associated with FHAN, and Nepal Government’s Poverty Alleviation Fund displayed their products in the fair. The 15<sup>th</sup> Handicraft Trade Fair was organized for five days from November 17 to 21.</p> <p>Products made from wood, metals, gold and silver, felt, wool, dhaka, pashmina, handmade papers, leather and bamboos along with medicinal herbs and orthodox tea were displayed during the trade fair. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6736', 'image' => '20171122013417_20171117161723__MG_0481.jpg', 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6954', 'article_category_id' => '1', 'title' => 'Experts Urge for inclusion of SDGs in Business', 'sub_title' => '', 'summary' => 'November 22: Experts have urged entrepreneurs to include sustainable development goals (SDGs) in their respective businesses.', 'content' => '<p><span style="font-size:13px">November 22: Experts have urged entrepreneurs to include sustainable development goals (SDGs) in their respective businesses.</span></p> <p>Speaking at a discussion programme on the ‘Role of Private Sector in Sustainable Development in Nepal’ on Tuesday (November 21) in the capital, Valerie Julliand, resident coordinator of United Nations in Nepal, said that internalizing the SDGS in business will enhance the goodwill of the business enterprise.</p> <p> “Sustainable goals are business with ethics,” she mentioned during the programme jointly organized by the Embassy of the Republic of Korea in Nepal, Korea International Cooperation Agency (KOICA), Global Compact Nepal, KOICA Alumni Association of Nepal (KAAN) and United Nations Development Project (UNDP).</p> <p>“SDGs is a more holistic approach to development,” said Swarnim Wagle, vice chair of the National Planning Commission (NPC). Differentiating millennium development goals (MDGs) from SDGs, he said that MDGs are simple and time-bound while SDGs are quantifying. Similarly, explaining the different layers of implementation of the SDGs he added that the public sector needs to lead sectors such as agriculture, health, transportation, education while the private sector needs to lead industry, energy, housing andtourism sectors. Stating that the SDGS are national responsibility, he urged for coordination between different layers of government and coordination among the public and private sectors for the implementation of the SDGs.</p> <p>Meanwhile, CG Foundation is coming up with 43 new initiatives to meet the SDGs.,said Nirvana Chaudhary, managing director of Chaudhary Group. Similarly, addressing the demands of the private sector to reform and amend policies, joint secretary at the Ministry of Industry (MoI), Pradip Koirala, made commitment to reform the policies that are obstructing the works of the private sector. </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6735', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6953', 'article_category_id' => '1', 'title' => 'Only 13 Banks have Raised the Paid-up Capital', 'sub_title' => '', 'summary' => 'November 22: Despite the extension of deadline by Nepal Rastra Bank (NRB) to raise their paid-up capital, a total of only 13 commercial banks have raised the capital by mid-November.', 'content' => '<p><span style="font-size:13px">November 22: Despite the extension of deadline by Nepal Rastra Bank (NRB) to raise their paid-up capital, a total of only 13 commercial banks have raised the capital by mid-November. The central bank had directed the commercial banks to raise their paid-up capital to Rs 8 billion by July 2017. But, only five banks met the criteria set by the central bank within the deadline.</span></p> <p>As only five banks, namely Global IME Bank, Nepal Bank, Nepal Investment Bank Ltd, Rastriya Banijya Bank, and Agriculture Development Bank Ltd, raised the paid-up capital to Rs 8 billion, the central bank had extended the deadline by six months till December 2017. It has been more than four months since the NRB extended the deadline, but only eight additional banks have raised their paid-up capital as per the criteria set by the central bank. These banks opted to issue bonus shares, right shares as well as merger and acquisition to meet the ceiling set by NRB.</p> <p>According to the Banks and Financial Institution Act-2016 (BAFIA), the banks should complete the audit work within four months after the completion of the fiscal year. If the banks fail to prepare the audit report, then it has to request the central bank to extend the deadline for two months to raise the paid-up capital. So, the banks and financial institutions (BFIs) should raise the paid-up capital by the end of December at any cost.</p> <p>According to the monetary policy of NRB, it will stop BFIs from expanding their branches, collecting deposits, issuing rights and bonus shares, among others if they don’t comply with the directives of the central bank. Currently, all the commercial banks are preparing to raise the paid-up capital to Rs 8 billion within the time period set by NRB.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6734', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6952', 'article_category_id' => '1', 'title' => 'Economic Prosperity Has Become Common Agenda Of All Parties: Mahat', 'sub_title' => '', 'summary' => 'November 21: Leaders of major political parties have stressed on a new agenda of economic prosperity in the context of changed political scenario of the nation.', 'content' => '<p><span style="font-size:13px">November 21: Leaders of major political parties have stressed on a new agenda of economic prosperity in the context of changed political scenario of the nation. They made such remarks at the National Economic Debate organised by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) with the slogan "Today's Determination, Economic Prosperity" in the capital on November 20.</span></p> <p> They said that political stability, good governance and self-sustaining economy are the pre-requisites for economic development. Leaders present at the function on Monday pledged to implement the programmes and agendas mentioned in their election manifestos after the elections.</p> <p>Former prime minister and Chairman of CPN-UML K P Oli stressed on the need to adopt to the new federal structure to gain economic prosperity.</p> <p>“Things that were not possible in 70 years are now possible in 17 years due to the advancement of technology,” said Oli. He further said that Nepal should benefit from the use of international-standard technology.</p> <p> </p> <p>Oli said that there won’t be any problem of budget allocation for development works if the government leadership has clear vision and plans. He also claimed that the next government will chart out the map for the economic prosperity of the country.</p> <p>Nepali Congress leader and former finance minister Dr Ram Sharan Mahat said that their new agenda is economic prosperity but challenges remain in achieving the goal.</p> <p>“Economic prosperity has become the common agenda of all parties. But now, we are heading towards a three-tier system of governance which is expected to increase the expenses of the government. Bureaucracy is being politicized. And if we are to achieve economic prosperity, first and foremost we must give attention to these things,” said Mahat.</p> <p>Communist Party of Nepal (Maoist Center) leader and former finance minister Krishna Bahadur Mahara mentioned that sustainable development and economic prosperity are the priorities of the nation. He claimed that the manifesto of the left alliance has also been prepared accordingly. Co-Chairman of Federal Socialist Forum, Rajendra shrestha, said that lack of far sightedness of the political leaders has become a hindrance for smooth development.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-21', 'modified' => '2017-11-21', 'keywords' => '', 'description' => '', 'sortorder' => '6733', 'image' => null, 'article_date' => '2017-11-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6951', 'article_category_id' => '1', 'title' => 'Jyoti Bikas Bank Opens Branch at Tarkeshwar', 'sub_title' => '', 'summary' => 'November 21: Jyoti Bikas Bank has opened a branch at Tarkeshwar of Kathmandu with an objective of providing banking services to all areas of Nepal. ', 'content' => '<p><span style="font-size:13px">November 21: Jyoti Bikas Bank has opened a branch at Tarkeshwar of Kathmandu with an objective of providing banking services to all areas of Nepal. Tarkeshwar Municipality’s Mayor Rameshwar Bohora and the bank’s Chairman Hari Chandra Khadka jointly inaugurated the branch amid a function on Monday, November 20. The bank had opened a branch at Ramgopalpur of Mahottari last week as per the policy of Nepal Rastra Bank to render services at all levels of the state in the new federal setup. </span></p> ', 'published' => true, 'created' => '2017-11-21', 'modified' => '2017-11-21', 'keywords' => '', 'description' => '', 'sortorder' => '6732', 'image' => '20171121031223_download.jpg', 'article_date' => '2017-11-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6950', 'article_category_id' => '1', 'title' => '300,000 Visitors Attend Handicraft Fair', 'sub_title' => '', 'summary' => 'November 21: Almost 300,000 visitors attended the 15th Handicraft Fair by the end of the fourth day of the expo on Monday, ', 'content' => '<p><span style="font-size:13px">November 21: Almost 300,000 visitors attended the 15</span><sup>th</sup><span style="font-size:13px"> Handicraft Fair by the end of the fourth day of the expo on Monday, November 20. On Monday alone, around 38,000 visitors attended the fair being held at Bhrikutimandap, Kathmandu, informed the organisers.</span></p> <p>Federation of Handicraft Association of Nepal (FHAN) Vice President Prachanda Shakya informed that there has been transaction worth Rs 10 million so far during the fair. The handicraft fair features stalls of leather wears, woolen clothes, felt, herbal products, woodworks, metallic idols, gold, silver and paper products among others.</p> <p>There are ten pavilions and 180 stalls in the fair. Bangladesh, Bhutan, Pakistan and China are also displaying their products in the fair.</p> <p>FHAN organised the five day fair in the capital from November 17-21 with an objective to promote handicrafts. </p> ', 'published' => true, 'created' => '2017-11-21', 'modified' => '2017-11-21', 'keywords' => '', 'description' => '', 'sortorder' => '6731', 'image' => '20171121030620__DSC8688.jpg', 'article_date' => '2017-11-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6949', 'article_category_id' => '1', 'title' => 'Prabhu Bank helps in Setting up Convex Mirrors', 'sub_title' => '', 'summary' => ' November 21: Prabhu Bank has provided financial support to set up a convex mirrors at various turning points along the Ghorahi-Lamahi road section. ', 'content' => '<p><span style="font-size:13px"> November 21: Prabhu Bank has provided financial support to set up a convex mirrors at various turning points along the Ghorahi-Lamahi road section. The District Traffic Police Office (DTPO) has placed the mirrors at seven different bends of road section with a view to minimize road accident. The DTPO chief Om Prakash Wagle said that the mirrors were set up at accident prone areas. The mirrors clearly show vehicles coming from the other side of the bend and this is expected to reduce the number of accidents.</span></p> ', 'published' => true, 'created' => '2017-11-21', 'modified' => '2017-11-21', 'keywords' => '', 'description' => '', 'sortorder' => '6730', 'image' => null, 'article_date' => '2017-11-21 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' => '6967', 'article_category_id' => '1', 'title' => 'Lekhnath Community Lions Hospital Receives Cardiology Equipment', 'sub_title' => '', 'summary' => 'November 23: Lekhnath Community Lions Hospital has received cardiology equipment worth Rs 1.6 million.', 'content' => '<p><span style="font-size:13px">November 23: Lekhnath Community Lions Hospital has received cardiology equipment worth Rs 1.6 million. The equipment was gifted to the hospital by the Lions Club International District 325 B1 Nepal.</span></p> <p>The machine was purchased with the help of Lions Clubs of Australia under the initiative of Man Bahadur Roka, chief advisor to the district chapter of Lions Club. It is believed that the portable heart testing machine will help in the health examination of patients from Lekhnath Municipality and around the area. </p> ', 'published' => true, 'created' => '2017-11-23', 'modified' => '2017-11-23', 'keywords' => '', 'description' => '', 'sortorder' => '6748', 'image' => '20171123013458_lekhnath.jpg', 'article_date' => '2017-11-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6963', 'article_category_id' => '1', 'title' => 'Tata Motors Launch Hexa in Nepal', 'sub_title' => '', 'summary' => 'November 23: Tata Motors has started the sale of Hexa motors in Nepal. ', 'content' => '<p>November 23: Tata Motors has started the sale of Hexa motors in Nepal. Tata Motors’ CEO and Managing Director Guntak Bushek handed over the keys of the new model to 11 customers amid a function in the capital on November 22. The price of the SUV is Rs 7.79 million. The vehicle runs on 2,200 cc diesel engine and features a six-gear manual transmission, reads a press statement issued by the company. A special feature of the vehicle is the ‘super drive mode’ in which the drivers can enjoy the ride in auto, confort, dynamic and rough modes, the company said in the statement. The SUV comes with a projector head lamp, LED tail lamp, 19-inch LOE wheel, six air bags, hill-hold control, hill-descent control, automatic head lamp among other features.</p> ', 'published' => true, 'created' => '2017-11-23', 'modified' => '2017-11-23', 'keywords' => '', 'description' => '', 'sortorder' => '6744', 'image' => null, 'article_date' => '2017-11-23 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6961', 'article_category_id' => '1', 'title' => 'Janata Bank signs ‘bancassurance’ agreements', 'sub_title' => '', 'summary' => 'November 22: Janata Bank said it has signed ‘bancassurance’ agreements with various life and non-life insurance companies to provide additional service to its customers. ', 'content' => '<p><span style="font-size:13px">November 22: Janata Bank said it has signed ‘bancassurance’ agreements with various life and non-life insurance companies to provide additional service to its customers. Issuing a statement, the bank said that it is has signed ‘bancassurance’ agreement with Union Life Insurance Company and NB Insurance Company amid a programme on Tuesday. The bank, earlier, had signed agreement with Reliable Nepal Life Insurance and Shikhar Insurance. With the signing of agreement, the customers will get insurance service from all the branches of Janata Bank, the statement added. </span></p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6742', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6960', 'article_category_id' => '1', 'title' => 'BOK Visa Card holders to get discount at ‘Café Coffee Day’', 'sub_title' => '', 'summary' => 'November 22: Bank of Kathmandu Ltd has said that its customers will get 10 percent discount while using Visa Card at ‘Café Coffee Day’ in Jawlakhel.', 'content' => '<p><span style="font-size:13px">November 22: Bank of Kathmandu Ltd has said that its customers will get 10 percent discount while using Visa Card at ‘Café Coffee Day’ in Jawlakhel. Different types of coffees from six different countries are available at the café, said the bank in a press release. The release further adds that this is the first branch of the café in Nepal, and this offer has been brought targeting the winter season.</span></p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6741', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6959', 'article_category_id' => '1', 'title' => 'Govt Preparing Policy to Promote Cardamom', 'sub_title' => '', 'summary' => 'November 22: Government is preparing to bring a policy to promote cardamom production.', 'content' => '<p>November 22: Government is preparing to bring a policy to promote cardamom production. The Ministry of Agriculture Development informed that the government is preparing the policy due to the decline in the export of cardamom in the recent times. Deputy spoke person of the ministry, Shankar Sapkota, said that the ministry has started taking suggestions, ideas and opinion from the concerned stakeholders for promotion of cardamom.</p> <p>According to him, the ministry has taken suggestions from the National Planning Commission, Ministry of Co-operatives and Poverty Alleviation, Ministry of Land Reform and Forest to prepare the Cardamom Promotion Policy. Similarly, the ministry has also sought opinion from Finance Ministry and Ministry of Soil Conservation .</p> <p>According to the ministry, all the ministries have given them feedbacks and suggestions except the Finance Ministry.</p> <p>“We sought suggestions from five different government bodies,” Sapkota said , “But we still have not obtained any feedback from the Finance Ministry.”</p> <p>Sapkota said that the policy will be finalized and forwarded to the council of ministers once they get the feedback from the Finance Ministry.</p> <p>The draft prepared by the ministry includes various provisions keeping in view the benefits of the exporters.</p> <p>Ministry expects that the current problems seen in the cardamom production will be automatically solved after the implementation of this policy.</p> <p>Cardamom is one of the main cash crops of Nepal. Cardamom is exported to the foreign countries. But, as compared to the past, the export of cardamom has declined.</p> <p>In the recent years, Nepal has been exporting cardamom worth Rs 3 to 5 billion annually. Data of Nepal Business Promotion Center show that in fiscal year 2015/16, cardamom worth around Rs 4.62 billion was exported. But the export declined to Rs 3.6 billion in FY 2016/17. The ministry informed that cardamom production takes place in 25 districts of the country. </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6740', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6958', 'article_category_id' => '1', 'title' => 'CG Impex Launches 2 New Models Of Washing Machines', 'sub_title' => '', 'summary' => 'November 22: CG Impex, a subsidiary of Chaudhary Group, has launched two new models of top-load washing machines in the Nepali market. ', 'content' => '<p><span style="font-size:13px">November 22: CG Impex, a subsidiary of Chaudhary Group, has launched two new models of top-load washing machines in the Nepali market. With the slogan of ‘The Future of Washing’, CG Impex introduced the 7 kg and 8 kg machines. The two models are fitted with turbo drum, which helps in cleaning clothes in three different ways. The machines also come with smart inverter motor with 10 years’ warranty. The motor is waterproof and stainless, reads a press statement issued by the company. The company said that the washing machines have smart closing door, which saves up to 36 percent of electricity. Chaudhary Group is the authorised distributor of LG brand.</span></p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6739', 'image' => '20171122024334_lg.jpg', 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6957', 'article_category_id' => '1', 'title' => 'Datsun Redi go 0.1 L in Pokhara', 'sub_title' => '', 'summary' => 'November 22: Three S Trade House, the authorized distributor of Datsun for Pokhara region, has launched ‘Datsun Redi go 0.1 L’ in Pokhara on Tuesday, November 21. ', 'content' => '<p><span style="font-size:13px">November 22: Three S Trade House, the authorized distributor of Datsun for Pokhara region, has launched ‘Datsun Redi go 0.1 L’ in Pokhara on Tuesday, November 21. The four-wheeler was launched in Pokhara by the president of Taxi Entrepreneurs Committee, Prakash Mani Tiwari, amid a function.</span></p> <p>The four-wheeler is available at Rs 1.95 million, and the company is giving cash discount of up to Rs 100,000 on the purchase of the vehicle. The four-wheeler has three years’ warranty.</p> <p> According to the company, customers purchasing the vehicle need not pay road tax. The authorized distributor of Datsun for Nepal is Pioneer MotoCorp.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6738', 'image' => '20171122015709_regi.jpg', 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6956', 'article_category_id' => '1', 'title' => 'JCB's Customers Visit Main Plant in UK', 'sub_title' => '', 'summary' => 'November 22: MAW Earthmovers Pvt Ltd, the authorized distributor of JCB construction and heavy equipment in Nepal, hosted a plant visit trip for its valued customers to JCB’s main facility in Rocester, UK. ', 'content' => '<p><span style="font-size:13px">November 22: MAW Earthmovers Pvt Ltd, the authorized distributor of JCB construction and heavy equipment in Nepal, hosted a plant visit trip for its valued customers to JCB’s main facility in Rocester, UK. In the weeklong visit, the Nepali customers witnessed the manufacturing process of one of the world's most trusted heavy equipment machines.</span></p> <p>During the visit, JCB said its customers observed the process of how the machines are built from the delivery of the sheet steel, profiling, laser cutting, welding, paint shop, assembly and finally the finished product. They also inspected the world's first Backhoe loader which was invented by Joseph Cyril Bamford, the founder of JCB, and JCB-made world's fastest diesel car, reads a press statement issued by the company.</p> <p>One of the customers during the visit, Gelje Lama, managing director of Golden Goods Sherpa Construction Pvt Ltd., expressed delight to see how the world best heavy equipment are made ready to face the harshest situations during construction works.</p> <p>”We are very much thankful towards MAW Earthmovers for this lifetime experience given to us,' he said, adding, 'It is satisfying to witness all the manufacturing process.'</p> <p>JCB is one of the world's top three manufacturers of construction equipment that employs around 12,000 people in four continents and sells products in 150 countries through 2,000 dealer depot locations. Currently, JCB said it has some of the finest engineering facilities across the globe, produces a range of over 300 machines and maintains a reputation for unrivalled customer service.</p> <p> In Nepal, JCB is one of the leading brands in backhoe loader, excavator, compactor and loadallAnchor mainly because of their fuel efficiency, low maintenance cost, high performance, high reliability and best after-sales service network.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6737', 'image' => '20171122014618_JCB Visit 3.jpg', 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6955', 'article_category_id' => '1', 'title' => 'Handicraft Fair Concludes with Transaction of Rs 100 Million', 'sub_title' => '', 'summary' => 'November 22: The 15th Handicraft Trade Fair organized at Bhrikutimandap, Kathmandu has concluded on Tuesday.', 'content' => '<p><span style="font-size:13px">November 22: The 15</span><sup>th</sup><span style="font-size:13px"> Handicraft Trade Fair organized at Bhrikutimandap, Kathmandu has concluded on Tuesday. Hem Ratna Shakya, former president of Federation of Handicraft Associations of Nepal (FHAN) and chief coordinator of the fair, informed that the fair recorded transactions worth Rs 100 million.</span></p> <p>According to FHAN, a total of 300,000 people visited the fair. Dharmaraj Shakya, president of FHAN said, “Handicraft has played a vital role in the development of the country’s economy by contributing in export business and also in the creation of employment.” He added that handicrafts worth Rs 5 billion were exported in the last fiscal year.</p> <p>There were 10 pavilions and 180 stalls in the fair. International participants from Bangladesh, Bhutan, Pakistan and China displayed their products in the fair. Participants from 25 districts of Nepal as well as the representatives of the district handicraft associations entrepreneurs associated with FHAN, and Nepal Government’s Poverty Alleviation Fund displayed their products in the fair. The 15<sup>th</sup> Handicraft Trade Fair was organized for five days from November 17 to 21.</p> <p>Products made from wood, metals, gold and silver, felt, wool, dhaka, pashmina, handmade papers, leather and bamboos along with medicinal herbs and orthodox tea were displayed during the trade fair. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6736', 'image' => '20171122013417_20171117161723__MG_0481.jpg', 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6954', 'article_category_id' => '1', 'title' => 'Experts Urge for inclusion of SDGs in Business', 'sub_title' => '', 'summary' => 'November 22: Experts have urged entrepreneurs to include sustainable development goals (SDGs) in their respective businesses.', 'content' => '<p><span style="font-size:13px">November 22: Experts have urged entrepreneurs to include sustainable development goals (SDGs) in their respective businesses.</span></p> <p>Speaking at a discussion programme on the ‘Role of Private Sector in Sustainable Development in Nepal’ on Tuesday (November 21) in the capital, Valerie Julliand, resident coordinator of United Nations in Nepal, said that internalizing the SDGS in business will enhance the goodwill of the business enterprise.</p> <p> “Sustainable goals are business with ethics,” she mentioned during the programme jointly organized by the Embassy of the Republic of Korea in Nepal, Korea International Cooperation Agency (KOICA), Global Compact Nepal, KOICA Alumni Association of Nepal (KAAN) and United Nations Development Project (UNDP).</p> <p>“SDGs is a more holistic approach to development,” said Swarnim Wagle, vice chair of the National Planning Commission (NPC). Differentiating millennium development goals (MDGs) from SDGs, he said that MDGs are simple and time-bound while SDGs are quantifying. Similarly, explaining the different layers of implementation of the SDGs he added that the public sector needs to lead sectors such as agriculture, health, transportation, education while the private sector needs to lead industry, energy, housing andtourism sectors. Stating that the SDGS are national responsibility, he urged for coordination between different layers of government and coordination among the public and private sectors for the implementation of the SDGs.</p> <p>Meanwhile, CG Foundation is coming up with 43 new initiatives to meet the SDGs.,said Nirvana Chaudhary, managing director of Chaudhary Group. Similarly, addressing the demands of the private sector to reform and amend policies, joint secretary at the Ministry of Industry (MoI), Pradip Koirala, made commitment to reform the policies that are obstructing the works of the private sector. </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6735', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6953', 'article_category_id' => '1', 'title' => 'Only 13 Banks have Raised the Paid-up Capital', 'sub_title' => '', 'summary' => 'November 22: Despite the extension of deadline by Nepal Rastra Bank (NRB) to raise their paid-up capital, a total of only 13 commercial banks have raised the capital by mid-November.', 'content' => '<p><span style="font-size:13px">November 22: Despite the extension of deadline by Nepal Rastra Bank (NRB) to raise their paid-up capital, a total of only 13 commercial banks have raised the capital by mid-November. The central bank had directed the commercial banks to raise their paid-up capital to Rs 8 billion by July 2017. But, only five banks met the criteria set by the central bank within the deadline.</span></p> <p>As only five banks, namely Global IME Bank, Nepal Bank, Nepal Investment Bank Ltd, Rastriya Banijya Bank, and Agriculture Development Bank Ltd, raised the paid-up capital to Rs 8 billion, the central bank had extended the deadline by six months till December 2017. It has been more than four months since the NRB extended the deadline, but only eight additional banks have raised their paid-up capital as per the criteria set by the central bank. These banks opted to issue bonus shares, right shares as well as merger and acquisition to meet the ceiling set by NRB.</p> <p>According to the Banks and Financial Institution Act-2016 (BAFIA), the banks should complete the audit work within four months after the completion of the fiscal year. If the banks fail to prepare the audit report, then it has to request the central bank to extend the deadline for two months to raise the paid-up capital. So, the banks and financial institutions (BFIs) should raise the paid-up capital by the end of December at any cost.</p> <p>According to the monetary policy of NRB, it will stop BFIs from expanding their branches, collecting deposits, issuing rights and bonus shares, among others if they don’t comply with the directives of the central bank. Currently, all the commercial banks are preparing to raise the paid-up capital to Rs 8 billion within the time period set by NRB.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-22', 'modified' => '2017-11-22', 'keywords' => '', 'description' => '', 'sortorder' => '6734', 'image' => null, 'article_date' => '2017-11-22 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6952', 'article_category_id' => '1', 'title' => 'Economic Prosperity Has Become Common Agenda Of All Parties: Mahat', 'sub_title' => '', 'summary' => 'November 21: Leaders of major political parties have stressed on a new agenda of economic prosperity in the context of changed political scenario of the nation.', 'content' => '<p><span style="font-size:13px">November 21: Leaders of major political parties have stressed on a new agenda of economic prosperity in the context of changed political scenario of the nation. They made such remarks at the National Economic Debate organised by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) with the slogan "Today's Determination, Economic Prosperity" in the capital on November 20.</span></p> <p> They said that political stability, good governance and self-sustaining economy are the pre-requisites for economic development. Leaders present at the function on Monday pledged to implement the programmes and agendas mentioned in their election manifestos after the elections.</p> <p>Former prime minister and Chairman of CPN-UML K P Oli stressed on the need to adopt to the new federal structure to gain economic prosperity.</p> <p>“Things that were not possible in 70 years are now possible in 17 years due to the advancement of technology,” said Oli. He further said that Nepal should benefit from the use of international-standard technology.</p> <p> </p> <p>Oli said that there won’t be any problem of budget allocation for development works if the government leadership has clear vision and plans. He also claimed that the next government will chart out the map for the economic prosperity of the country.</p> <p>Nepali Congress leader and former finance minister Dr Ram Sharan Mahat said that their new agenda is economic prosperity but challenges remain in achieving the goal.</p> <p>“Economic prosperity has become the common agenda of all parties. But now, we are heading towards a three-tier system of governance which is expected to increase the expenses of the government. Bureaucracy is being politicized. And if we are to achieve economic prosperity, first and foremost we must give attention to these things,” said Mahat.</p> <p>Communist Party of Nepal (Maoist Center) leader and former finance minister Krishna Bahadur Mahara mentioned that sustainable development and economic prosperity are the priorities of the nation. He claimed that the manifesto of the left alliance has also been prepared accordingly. Co-Chairman of Federal Socialist Forum, Rajendra shrestha, said that lack of far sightedness of the political leaders has become a hindrance for smooth development.</p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-21', 'modified' => '2017-11-21', 'keywords' => '', 'description' => '', 'sortorder' => '6733', 'image' => null, 'article_date' => '2017-11-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6951', 'article_category_id' => '1', 'title' => 'Jyoti Bikas Bank Opens Branch at Tarkeshwar', 'sub_title' => '', 'summary' => 'November 21: Jyoti Bikas Bank has opened a branch at Tarkeshwar of Kathmandu with an objective of providing banking services to all areas of Nepal. ', 'content' => '<p><span style="font-size:13px">November 21: Jyoti Bikas Bank has opened a branch at Tarkeshwar of Kathmandu with an objective of providing banking services to all areas of Nepal. Tarkeshwar Municipality’s Mayor Rameshwar Bohora and the bank’s Chairman Hari Chandra Khadka jointly inaugurated the branch amid a function on Monday, November 20. The bank had opened a branch at Ramgopalpur of Mahottari last week as per the policy of Nepal Rastra Bank to render services at all levels of the state in the new federal setup. </span></p> ', 'published' => true, 'created' => '2017-11-21', 'modified' => '2017-11-21', 'keywords' => '', 'description' => '', 'sortorder' => '6732', 'image' => '20171121031223_download.jpg', 'article_date' => '2017-11-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6950', 'article_category_id' => '1', 'title' => '300,000 Visitors Attend Handicraft Fair', 'sub_title' => '', 'summary' => 'November 21: Almost 300,000 visitors attended the 15th Handicraft Fair by the end of the fourth day of the expo on Monday, ', 'content' => '<p><span style="font-size:13px">November 21: Almost 300,000 visitors attended the 15</span><sup>th</sup><span style="font-size:13px"> Handicraft Fair by the end of the fourth day of the expo on Monday, November 20. On Monday alone, around 38,000 visitors attended the fair being held at Bhrikutimandap, Kathmandu, informed the organisers.</span></p> <p>Federation of Handicraft Association of Nepal (FHAN) Vice President Prachanda Shakya informed that there has been transaction worth Rs 10 million so far during the fair. The handicraft fair features stalls of leather wears, woolen clothes, felt, herbal products, woodworks, metallic idols, gold, silver and paper products among others.</p> <p>There are ten pavilions and 180 stalls in the fair. Bangladesh, Bhutan, Pakistan and China are also displaying their products in the fair.</p> <p>FHAN organised the five day fair in the capital from November 17-21 with an objective to promote handicrafts. </p> ', 'published' => true, 'created' => '2017-11-21', 'modified' => '2017-11-21', 'keywords' => '', 'description' => '', 'sortorder' => '6731', 'image' => '20171121030620__DSC8688.jpg', 'article_date' => '2017-11-21 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6949', 'article_category_id' => '1', 'title' => 'Prabhu Bank helps in Setting up Convex Mirrors', 'sub_title' => '', 'summary' => ' November 21: Prabhu Bank has provided financial support to set up a convex mirrors at various turning points along the Ghorahi-Lamahi road section. ', 'content' => '<p><span style="font-size:13px"> November 21: Prabhu Bank has provided financial support to set up a convex mirrors at various turning points along the Ghorahi-Lamahi road section. The District Traffic Police Office (DTPO) has placed the mirrors at seven different bends of road section with a view to minimize road accident. The DTPO chief Om Prakash Wagle said that the mirrors were set up at accident prone areas. The mirrors clearly show vehicles coming from the other side of the bend and this is expected to reduce the number of accidents.</span></p> ', 'published' => true, 'created' => '2017-11-21', 'modified' => '2017-11-21', 'keywords' => '', 'description' => '', 'sortorder' => '6730', 'image' => null, 'article_date' => '2017-11-21 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