November 7: Nepal Electricity Authority (NEA) has changed some of the provisions in the power purchase agreement…

November 7: Nepal Electricity Authority (NEA) has changed some of the provisions in the power purchase agreement…
November 7: Muktinath Bikas Bank has opened a branch at Chitwan’s Khaireni Municipality-8, Parsa Bazar.…
November 7: Deva Bikas Bank has provided support to Devghat-based Rotary Karunalaya Old-age Home.…
November 7: With the country adopting federal set-up, Citizens Bank said it has given priority to opening branches at the local…
November 7: Wai Wai City, the country’s first iconic noodle bar, has opened its first outlet at Labim Mall, Pulchowk, Lalitpur,…
November 7: With the main objective of promoting internal tourism within Nepal, a seven day expedition – Dare to Lo Manthang – has kicked off on November…
November 7: NIC ASIA Bank has opened two branches at Jhapa and Itahari on Monday, November…
November 7: Chinese smartphone manufacturer Huawei is all set to launch ‘Huwaei nova 2i’ in the Nepali…
November 7: Nepal bagged various awards in the Toastmasters International District-level Speech Contest.…
November 6: Nepal’s export rate has declined by 4.7 percent in first two months of the current fiscal year 2017/18 as compared to the corresponding period of last FY.…
November 6: Kumari Bank has provided scholarship to former ‘Living Goddess’ Manita Shakya, locally knows as…
November 6: Nepal SBI Bank has extended its branch in Battar of Nuwakot district.…
November 6:Prithvi Bahadur Pandey has been re-appointed as the chairman of Nepal Investment Bank Limited.…
November 6: MetLife Inc has announced that its unique virtual reality solution, known as conVRse, has won the Asia Insurance Industry Award 2017for ‘Innovation of the…
November 6: Experts at an interaction programme said that the role of micro enterprises is highly important for developing countries like Nepal.…
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NEA had been giving ‘take or pay’ facility to hydropower projects despite having provision of take and pay since August-September 2014. But now, NEA has curtailed the privilege it had been providing to the projects.</span></p> <p>Two years ago, the government had announced an ambitious plan of producing 10,000 megawatts of electricity in the next ten years and had assured to provide take or pay facilities to the projects generating 30 percent of the proposed power on first-come-first-serve basis. The projects had been enjoying take or pay facility under this plan.</p> <p>But the NEA’s decision on Monday, November 6, has stopped providing the take or pay facility, under which the state-owned power utility was obliged to buy the power generated by private companies irrespective of whether NEA needed it or not.</p> <p>In contrast, the NEA pays to the projects only for the electricity it uses under the take and pay provision.</p> <p>NEA announced that the take or pay facility had reached its limit as the PPA signed with different projects has already reached 3,500 megawatts.</p> <p>NEA has so far signed PPA with 222 projects for the generation of electricity. However, the last six projects have been deprived of the take or pay facility as the government has already signed agreements to produce 3,500 megawatts of electricity, for which it had announced the take or pay facility. </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6636', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6852', 'article_category_id' => '1', 'title' => 'Muktinath Opens Branch in Chitwan', 'sub_title' => '', 'summary' => 'November 7: Muktinath Bikas Bank has opened a branch at Chitwan’s Khaireni Municipality-8, Parsa Bazar. ', 'content' => '<p><span style="font-size:13px">November 7: Muktinath Bikas Bank has opened a branch at Chitwan’s Khaireni Municipality-8, Parsa Bazar. Mayor of the municipality Lalmani Chaudhary inaugurated the branch amid a function on Sunday, November 5. The bank’s deputy CEO Pradhumna Pokhrel shed light on the bank’s current status and future plans during the function. The bank said it has been providing service to its customers through 70 branches. Issuing a press statement, the bank said it has collected a total of Rs 19.54 billion deposits as of mid-July this year and has loaned out Rs 16.80 billion. </span></p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6635', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6851', 'article_category_id' => '1', 'title' => 'Deva Bikas Bank Supports Old-age Home', 'sub_title' => '', 'summary' => 'November 7: Deva Bikas Bank has provided support to Devghat-based Rotary Karunalaya Old-age Home. ', 'content' => '<p><span style="font-size:13px">November 7: Deva Bikas Bank has provided support to Devghat-based Rotary Karunalaya Old-age Home. The bank handed over Rs 150,000 to the old-age home run by Rotarians as part of its corporate social responsibility. The bank’s Assistant General Manager and regional chief Bishnu Regmi handed over a cheque to the representative of the old-age home amid a function held at Chitwan’s Bharatpur Garden Resort. </span></p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6634', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6850', 'article_category_id' => '1', 'title' => 'Citizens Bank Opens Branch in Jhapa', 'sub_title' => '', 'summary' => 'November 7: With the country adopting federal set-up, Citizens Bank said it has given priority to opening branches at the local levels.', 'content' => '<p><span style="font-size:13px">November 7: With the country adopting federal set-up, Citizens Bank said it has given priority to opening branches at the local levels. In this regard, the bank said it has opened a branch at Jhapa’s Haldibari. The bank’s assistant CEO Bodhraj Devkota inaugurated the branch amid a function on Monday, November 7. With this, the bank now has 65 branches, 62 ATM counters and 97 branchless services across the country. During the inauguration, the bank handed over one set of computer each to Shree Laxmi Medium School and Shree Shanti Primary School as part of its corporate social responsibility. The bank said it will soon open branches in Mahottari and Dang districts.</span></p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6633', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6849', 'article_category_id' => '1', 'title' => 'Nepal’s ‘First Noodle-Bar’ Opens at Labim Mall', 'sub_title' => '', 'summary' => 'November 7: Wai Wai City, the country’s first iconic noodle bar, has opened its first outlet at Labim Mall, Pulchowk, Lalitpur, Nepal.', 'content' => '<p><span style="font-size:13px">November 7: Wai Wai City, the country’s first iconic noodle bar, has opened its first outlet at Labim Mall, Pulchowk, Lalitpur, Nepal.</span></p> <p>Issuing a press statement, the company said that Wai Wai City - a ready to eat noodle bar – gives customers their favourite noodles an appetizing make-over in various flavours to choose from.</p> <p>“This brings the brand closer to the consumer, giving them multiple options along with making the place a preferred nook for friends and family to catch up and enjoy their favourite snack,” reads the statement.</p> <p>Nirvana Chaudhary, managing director of Chaudhary Group, inaugurated the outlet of Wai Wai City on Monday, November 6.</p> <p>Speaking at the launching ceremony, Chaudhary said, "With Wai Wai City, we aim to extend the legacy of Wai Wai noodles to a larger audience with a unique and refreshing experience, and a one of a kind noodle bar concept. For us, this is the beginning of an exciting journey with 14 operational outlets in India and Nepal in these last few months and many more to come in other markets as well." </p> <p>The menu offers an array of noodle dishes cooked in interesting styles influenced by oriental flavours, giving noodle lovers a host of new ways to consume this cult snack, reads the statement.</p> <p>The live kitchen has four types of noodles such as classic, chopsuey, roasted and pan fried, seven sauces, which are, soy garlic, kung pao, masala fusion,hot garlic, pepper soya, spicy teriyaki, schezwan chilli, eighteen vegetables, ten toppings and five add-ons to choose from.</p> <p>Wai Wai City said it will be spread across the following formats - food courts, self-standing kiosks, standalone outlets, highway formats and an integrated format.</p> <p>These formats will be developed across malls, information technology (IT) parks, offices, airports, hospitals, colleges, high streets, etc. The company claimed that it will offer noodles in a host of flavours at pocket-friendly prices. The noodle bars are already operational in Delhi NCR with two outlets, Siliguri, Chandigarh,Hyderabad, Velachery, Kolkata, Chennai, Vadodara, Pune, Surat in a stand-alone and kiosk format with an open live kitchenand has now branched out to Lalitpur in Nepal, with Bhuvaneshwar, Agra, Pondicherry, Lucknow, Dehradun, Mumbai in India and is in the pipeline in Itahari, Kathmandu, Bharatpur, Dharan, Pokhara, Birtamod in Nepal, reads the statement. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6632', 'image' => '20171107021432_551A693011.jpg', 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6848', 'article_category_id' => '1', 'title' => 'More than 30 SUVs head out to Lo Manthang in an off-road expedition', 'sub_title' => '', 'summary' => 'November 7: With the main objective of promoting internal tourism within Nepal, a seven day expedition – Dare to Lo Manthang – has kicked off on November 6.', 'content' => '<p><strong>November 7: </strong>With the main objective of promoting internal tourism within Nepal, a seven day expedition – Dare to Lo Manthang – has kicked off on November 6.</p> <p>The expedition organised by Imagine Nepal and sponsored by Mahindra Thar saw 75 participants and more than 30 SUV’s start their journey from Kathmandu on, reads a press statement issued by the organisers.</p> <p>“Along the way, participants will be engaging in various activities in and around Lo Manthang, which includes taking a trip to the Chhosar caves in Lo Manthang, taking in live cultural performances, competing in archery competitions and taking part in many more amazing activities,” reads the statement.</p> <p>Miss Nepal 2010 Sadichha Shrestha, volleyball player Sipora Gurung and photographer Kishore Kayastha are also accompanying the participants for the expedition.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6631', 'image' => '20171107122741_PR photo.jpg', 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6847', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Opens Two Branches', 'sub_title' => '', 'summary' => 'November 7: NIC ASIA Bank has opened two branches at Jhapa and Itahari on Monday, November 6.', 'content' => '<p>November 7: NIC ASIA Bank has opened two branches at Jhapa and Itahari on Monday, November 6.</p> <p>The branches have been set up at Gauradaha Municipality Ward No 3, Jhapa and Tarahara of Itahari Sub Metropolitan City Ward No 20, reads a statement issued by the bank. </p> <p>The bank informed that Rohit Kumar Shah, mayor of Gauradaha Municipality, inaugurated the Gauradaha branch while the Tarahara branch was inaugurated by Dwarik Lal Chaudhari, mayor of Itahari Sub Metropolitan City.</p> <p>NIC ASIA Bank said it is one of the largest private sector commercial banks in the country in terms of capital base, balance-sheet size, customer base, number of branch and ATM network.</p> <p>The bank said it has a strategy to reach every possible market for better service of its customers and there are more branches coming in operation soon.</p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6630', 'image' => '20171107101243_nic-asia-2.jpg', 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6846', 'article_category_id' => '1', 'title' => 'Huawei to launch ‘ Huawei nova 2i’ ', 'sub_title' => '', 'summary' => ' November 7: Chinese smartphone manufacturer Huawei is all set to launch ‘Huwaei nova 2i’ in the Nepali market.', 'content' => '<p> November 7: Chinese smartphone manufacturer Huawei is all set to launch ‘Huwaei nova 2i’ in the Nepali market.</p> <p> Issuing a press statement, the company said that the smartphone delivers stunning performance and power, and has front and back dual-lens cameras. The launch of the phone will mark the entry of the first handset with for cameras in the domestic market.</p> <p> According to the statement, Huwaei nova 2i has been designed for the photoholics as it has front-facing 13MP and 2MP selfie camera, and a combination of 16MP and a 2MP rear camera. The amazing features of the smartphone captures pictures even in low-light situation, says the company.</p> <p> As the smartphone has high quality 5.9-inch screen, movie and game lovers will get enough of the thrill and excitement ‘Huawei nova 2i’ offers, reads the statement. The smartphone is powered by an octa-core Kirin 659 chipset, 4GB RAM and 64GB ROM, which helps multi-task several applications at once.</p> <p>The smartphone has a 3,340 mAh long-lasting battery, and runs with Android-7 based EMUI interface. According to the statement, the Huawei nova 2i has ‘Huawei Histen audio system’ to deliver extraordinary sound experiences for immersive video and gaming experiences. </p> <p>The smartphone will be available in graphite black and prestige gold colors. The nova 2i will hit the market in November. The company is yet to announce the price of the new smartphone.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6629', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6845', 'article_category_id' => '1', 'title' => 'Nepal Wins Awards in Toastmasters Speech Contest in New Delhi', 'sub_title' => '', 'summary' => 'November 7: Nepal bagged various awards in the Toastmasters International District-level Speech Contest. ', 'content' => '<p>November 7: Nepal bagged various awards in the Toastmasters International District-level Speech Contest. Participants from Nepal won five out six awards in division level humourous and evaluation speech contests in New Delhi. Out of 11 contestants, five contestants from two areas of Nepal won trophies in humuorous and evaluation contests.</p> <p>Both the 1st position winners of humorous speech from Nepal, Toastmaster Seema Golchha and evaluation contest winner Toastmaster Diptee Acharya, proceeded to district level contest, in which 12 divisions from across India contested for the awards. In the finals, Seema Golchha finished second and bagged silver trophy.</p> <p>"In the history of Toastmasters movement in Nepal, this is the first time contestants participated in any international contests and have left a memorable impression," said Area Director Suman Shakya after the contests results.</p> <p>Other Area Director from Nepal Ranjit Acharya said, "After sweeping five out of six awards in division I, being in district finals was a great achievement all together and on top of that winning second position in Humourous speech contest is a big pride for Nepal. We are all happy that Nepal has stepped in a big way to Toastmasters International arena."</p> <p> </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6628', 'image' => '20171107101048_Pic 2.jpg', 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6844', 'article_category_id' => '1', 'title' => 'Nepal’s Rate of Export Declines', 'sub_title' => '', 'summary' => 'November 6: Nepal’s export rate has declined by 4.7 percent in first two months of the current fiscal year 2017/18 as compared to the corresponding period of last FY. ', 'content' => '<p><span style="font-size:13px">November 6: Nepal’s export rate has declined by 4.7 percent in first two months of the current fiscal year 2017/18 as compared to the corresponding period of last FY. Although the total export during the review period grew by 7.7 in FY 2016/17, the total export increased by only 3 percent in the current FY.</span></p> <p>The total export in the last FY was Rs 73.4 billion while the export in the first two months was worth Rs 13.18 billion. The export in the first two months of the current FY increased to Rs 13.58 billion. </p> <p>However, the rate of export has declined, according to a report prepared by Nepal Rastra Bank. Meanwhile, the Ministry of Finance has concluded that it is difficult to increase the rate of export in the current context.</p> <p>Finance Secretary Shankar Adhikari said that it is almost impossible to increase the rate of export in the present context.</p> <p>Economists say that the decline in rate of export would have negative impact in the country’s economy.</p> <p>Dr Shankar Prasad Nepal, chief of the economics department of Bhairahawa Multiple Campus under Tribhuvan University opined that Nepal should export goods at a higher price to increase the rate of export.</p> <p>Data show that Nepal exported goods worth Rs 7.13 billion out of the total export of Rs 13.58 billion to India. But this amount is less by 3.3 percent compared to the export during the review period in the last FY. </p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6627', 'image' => null, 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6843', 'article_category_id' => '1', 'title' => 'Kumari Bank Provides Scholarship to former ‘Living Goddess’', 'sub_title' => '', 'summary' => 'November 6: Kumari Bank has provided scholarship to former ‘Living Goddess’ Manita Shakya, locally knows as “Kumari’.', 'content' => '<p><span style="font-size:13px">November 6: Kumari Bank has provided scholarship to former ‘Living Goddess’ Manita Shakya, locally knows as “Kumari’. The bank has been depositing Rs 50,000 in the name of Shakya at its Putalisadak branch as per the commitment it had made during its 14</span><sup>th</sup><span style="font-size:13px"> anniversary, reads a press statement issued by the bank.</span></p> <p>The bank’s CEO Surendra Bhandari handed over the amount deposited in Shakya’s account amid a function on Sunday, November 6.</p> <p>The bank also pledged to provide scholarship for the current Living Goddess Trishna Shakya as well.</p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6626', 'image' => '20171106055809_kumari.jpg', 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6842', 'article_category_id' => '1', 'title' => 'Nepal SBI Bank Opens Branch in Battar', 'sub_title' => '', 'summary' => 'November 6: Nepal SBI Bank has extended its branch in Battar of Nuwakot district. ', 'content' => '<p><span style="font-size:13px">November 6: Nepal SBI Bank has extended its branch in Battar of Nuwakot district. The bank has also installed an ATM counter at the branch. Issuing a press statement, the bank said it now has a total of 68 branches and 100 ATM outlets. Nepal Rastra Bank’s Executive Director Narayan Prasad Poudel inaugurated the branch amid a function on Sunday, November 6. </span></p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6625', 'image' => '20171106025141_sbi.jpg', 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6841', 'article_category_id' => '1', 'title' => 'Pandey Re-elected Chairman of NIBL', 'sub_title' => '', 'summary' => 'November 6:Prithvi Bahadur Pandey has been re-appointed as the chairman of Nepal Investment Bank Limited. ', 'content' => '<p><span style="font-size:13px">November 6:Prithvi Bahadur Pandey has been re-appointed as the chairman of Nepal Investment Bank Limited. A meeting of the Board of Directors of the bank on November 3 took a decision to this effect, reads a press statement issued by the bank. </span></p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6624', 'image' => '20171106023408_Clipboard01.jpg', 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6840', 'article_category_id' => '1', 'title' => 'MetLife Recognized for Innovative Customer Solutions', 'sub_title' => 'Wins “Innovation of the Year” for second consecutive year at 21st Annual Asia Insurance Industry Awards', 'summary' => ' November 6: MetLife Inc has announced that its unique virtual reality solution, known as conVRse, has won the Asia Insurance Industry Award 2017for ‘Innovation of the Year’.', 'content' => '<p><span style="font-size:13px"> November 6: MetLife Inc has announced that its unique virtual reality solution, known as conVRse, has won the Asia Insurance Industry Award 2017for ‘Innovation of the Year’.</span></p> <p>Issuing a press statement, the company said that conVRse is a first-of-its-kind experiential Virtual Reality (VR) customer service platform designed to revolutionize interaction between insurers and customers. According to the company, this solution was developed by LumenLab, MetLife’s innovation center in Asia,and PNB MetLife, its joint venture in India.</p> <p>This is the second consecutive year that MetLife Asia is being recognized for innovation, consolidating its position as a leader in innovation, reads the statement. Last year, the company won this category with its insurance product “Beautiful”.</p> <p>“We are delighted to be recognized as a leader for innovation in our industry and want to thank the panel of judges and AIIA team for encouraging innovation in insurance which is critical if we are to evolve into a truly customer-centric industry,” the statement quoted Zia Zaman, LumenLab CEO and Chief Innovation Officer of MetLife Asia, as saying. “What I like best about virtual reality is that it allows the customer to be the protagonist in their own financial journey. Our solution conVRse is a huge first step that our customers love.”</p> <p>The company said that this is the first time that virtual reality is being used in the insurance industry to benefit the customers directly.</p> <p>The platform provides a differentiated, immersive and a personalized experience to the customer through VR headsets available at select PNB MetLife branches. </p> <p>According to the company, the VR headset brings customers face to face with an avatar “Khushi”. Khushi is a life insurance expert who can show customers all their policy related information while answering their queries. </p> <p>“The initial response from PNB MetLife customers has been exceptional; 96% say it has had a positive impact on their brand experience,” the statement reads. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6623', 'image' => '20171106022446_Clipboard01.jpg', 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6839', 'article_category_id' => '1', 'title' => ''Role of Micro Enterprises Vital for Development of Nepal'', 'sub_title' => '', 'summary' => 'November 6: Experts at an interaction programme said that the role of micro enterprises is highly important for developing countries like Nepal. ', 'content' => '<p><span style="font-size:13px">November 6: Experts at an interaction programme said that the role of micro enterprises is highly important for developing countries like Nepal. </span></p> <p>Micro Enterprise and Development in Nepal (MEDIN) Summit-2017 jointly organized by Handong Global University, South Korea and School of Management, Tribhuvan University (SOMTU) in the capital on November 5 held discussions on different thematic areas of micro enterprises. The programme was sponsored by the Ministry of Education of South Korea, UNESCO and UNITWIN.</p> <p>The summit was organized with an aim to initiate and promote multi-stakeholder discussions among academic circles, public policy makers, civil society leaders, development institutes, entrepreneurs and development agencies. Similarly, the summit also showcased the best Nepali and international practices on microenterprise development in the context of socio-economic development of Nepal.</p> <p>Speaking at the function, Prof Kee-Seon Yoo, dean of School of Management and Economics and director of Joint International Education Program, Handong Global University, said that management knowledge and skills are important for managing social development of the country.</p> <p>Pushkar Bajracharya, professor emeritus at the Faculty of Management of TU, highlighted importance of business management education in every sector. </p> <p>Likewise, Dr Arhan Sthapit of the Faculty of Management at TU stated that local products from micro enterprises can uplift the economic development by using local knowledge and skills.</p> <p>Discussions were held on different thematic areas of micro enterprise such as the roles of micro enterprises in Nepal’s development efforts. Social innovation for sustainable development in Nepal, role of NGOs and INGOs and role of MBA programmes in Nepal’s development efforts were also discussed at the summit.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6622', 'image' => '20171106015836_IMG_0179.jpg', 'article_date' => '2017-11-06 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' => '6853', 'article_category_id' => '1', 'title' => 'NEA Stops Providing Take or Pay Facility', 'sub_title' => '', 'summary' => 'November 7: Nepal Electricity Authority (NEA) has changed some of the provisions in the power purchase agreement (PPA).', 'content' => '<p><span style="font-size:13px">November 7: Nepal Electricity Authority (NEA) has changed some of the provisions in the power purchase agreement (PPA). NEA had been giving ‘take or pay’ facility to hydropower projects despite having provision of take and pay since August-September 2014. But now, NEA has curtailed the privilege it had been providing to the projects.</span></p> <p>Two years ago, the government had announced an ambitious plan of producing 10,000 megawatts of electricity in the next ten years and had assured to provide take or pay facilities to the projects generating 30 percent of the proposed power on first-come-first-serve basis. The projects had been enjoying take or pay facility under this plan.</p> <p>But the NEA’s decision on Monday, November 6, has stopped providing the take or pay facility, under which the state-owned power utility was obliged to buy the power generated by private companies irrespective of whether NEA needed it or not.</p> <p>In contrast, the NEA pays to the projects only for the electricity it uses under the take and pay provision.</p> <p>NEA announced that the take or pay facility had reached its limit as the PPA signed with different projects has already reached 3,500 megawatts.</p> <p>NEA has so far signed PPA with 222 projects for the generation of electricity. However, the last six projects have been deprived of the take or pay facility as the government has already signed agreements to produce 3,500 megawatts of electricity, for which it had announced the take or pay facility. </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6636', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6852', 'article_category_id' => '1', 'title' => 'Muktinath Opens Branch in Chitwan', 'sub_title' => '', 'summary' => 'November 7: Muktinath Bikas Bank has opened a branch at Chitwan’s Khaireni Municipality-8, Parsa Bazar. ', 'content' => '<p><span style="font-size:13px">November 7: Muktinath Bikas Bank has opened a branch at Chitwan’s Khaireni Municipality-8, Parsa Bazar. Mayor of the municipality Lalmani Chaudhary inaugurated the branch amid a function on Sunday, November 5. The bank’s deputy CEO Pradhumna Pokhrel shed light on the bank’s current status and future plans during the function. The bank said it has been providing service to its customers through 70 branches. Issuing a press statement, the bank said it has collected a total of Rs 19.54 billion deposits as of mid-July this year and has loaned out Rs 16.80 billion. </span></p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6635', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6851', 'article_category_id' => '1', 'title' => 'Deva Bikas Bank Supports Old-age Home', 'sub_title' => '', 'summary' => 'November 7: Deva Bikas Bank has provided support to Devghat-based Rotary Karunalaya Old-age Home. ', 'content' => '<p><span style="font-size:13px">November 7: Deva Bikas Bank has provided support to Devghat-based Rotary Karunalaya Old-age Home. The bank handed over Rs 150,000 to the old-age home run by Rotarians as part of its corporate social responsibility. The bank’s Assistant General Manager and regional chief Bishnu Regmi handed over a cheque to the representative of the old-age home amid a function held at Chitwan’s Bharatpur Garden Resort. </span></p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6634', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6850', 'article_category_id' => '1', 'title' => 'Citizens Bank Opens Branch in Jhapa', 'sub_title' => '', 'summary' => 'November 7: With the country adopting federal set-up, Citizens Bank said it has given priority to opening branches at the local levels.', 'content' => '<p><span style="font-size:13px">November 7: With the country adopting federal set-up, Citizens Bank said it has given priority to opening branches at the local levels. In this regard, the bank said it has opened a branch at Jhapa’s Haldibari. The bank’s assistant CEO Bodhraj Devkota inaugurated the branch amid a function on Monday, November 7. With this, the bank now has 65 branches, 62 ATM counters and 97 branchless services across the country. During the inauguration, the bank handed over one set of computer each to Shree Laxmi Medium School and Shree Shanti Primary School as part of its corporate social responsibility. The bank said it will soon open branches in Mahottari and Dang districts.</span></p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6633', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6849', 'article_category_id' => '1', 'title' => 'Nepal’s ‘First Noodle-Bar’ Opens at Labim Mall', 'sub_title' => '', 'summary' => 'November 7: Wai Wai City, the country’s first iconic noodle bar, has opened its first outlet at Labim Mall, Pulchowk, Lalitpur, Nepal.', 'content' => '<p><span style="font-size:13px">November 7: Wai Wai City, the country’s first iconic noodle bar, has opened its first outlet at Labim Mall, Pulchowk, Lalitpur, Nepal.</span></p> <p>Issuing a press statement, the company said that Wai Wai City - a ready to eat noodle bar – gives customers their favourite noodles an appetizing make-over in various flavours to choose from.</p> <p>“This brings the brand closer to the consumer, giving them multiple options along with making the place a preferred nook for friends and family to catch up and enjoy their favourite snack,” reads the statement.</p> <p>Nirvana Chaudhary, managing director of Chaudhary Group, inaugurated the outlet of Wai Wai City on Monday, November 6.</p> <p>Speaking at the launching ceremony, Chaudhary said, "With Wai Wai City, we aim to extend the legacy of Wai Wai noodles to a larger audience with a unique and refreshing experience, and a one of a kind noodle bar concept. For us, this is the beginning of an exciting journey with 14 operational outlets in India and Nepal in these last few months and many more to come in other markets as well." </p> <p>The menu offers an array of noodle dishes cooked in interesting styles influenced by oriental flavours, giving noodle lovers a host of new ways to consume this cult snack, reads the statement.</p> <p>The live kitchen has four types of noodles such as classic, chopsuey, roasted and pan fried, seven sauces, which are, soy garlic, kung pao, masala fusion,hot garlic, pepper soya, spicy teriyaki, schezwan chilli, eighteen vegetables, ten toppings and five add-ons to choose from.</p> <p>Wai Wai City said it will be spread across the following formats - food courts, self-standing kiosks, standalone outlets, highway formats and an integrated format.</p> <p>These formats will be developed across malls, information technology (IT) parks, offices, airports, hospitals, colleges, high streets, etc. The company claimed that it will offer noodles in a host of flavours at pocket-friendly prices. The noodle bars are already operational in Delhi NCR with two outlets, Siliguri, Chandigarh,Hyderabad, Velachery, Kolkata, Chennai, Vadodara, Pune, Surat in a stand-alone and kiosk format with an open live kitchenand has now branched out to Lalitpur in Nepal, with Bhuvaneshwar, Agra, Pondicherry, Lucknow, Dehradun, Mumbai in India and is in the pipeline in Itahari, Kathmandu, Bharatpur, Dharan, Pokhara, Birtamod in Nepal, reads the statement. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6632', 'image' => '20171107021432_551A693011.jpg', 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6848', 'article_category_id' => '1', 'title' => 'More than 30 SUVs head out to Lo Manthang in an off-road expedition', 'sub_title' => '', 'summary' => 'November 7: With the main objective of promoting internal tourism within Nepal, a seven day expedition – Dare to Lo Manthang – has kicked off on November 6.', 'content' => '<p><strong>November 7: </strong>With the main objective of promoting internal tourism within Nepal, a seven day expedition – Dare to Lo Manthang – has kicked off on November 6.</p> <p>The expedition organised by Imagine Nepal and sponsored by Mahindra Thar saw 75 participants and more than 30 SUV’s start their journey from Kathmandu on, reads a press statement issued by the organisers.</p> <p>“Along the way, participants will be engaging in various activities in and around Lo Manthang, which includes taking a trip to the Chhosar caves in Lo Manthang, taking in live cultural performances, competing in archery competitions and taking part in many more amazing activities,” reads the statement.</p> <p>Miss Nepal 2010 Sadichha Shrestha, volleyball player Sipora Gurung and photographer Kishore Kayastha are also accompanying the participants for the expedition.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6631', 'image' => '20171107122741_PR photo.jpg', 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6847', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Opens Two Branches', 'sub_title' => '', 'summary' => 'November 7: NIC ASIA Bank has opened two branches at Jhapa and Itahari on Monday, November 6.', 'content' => '<p>November 7: NIC ASIA Bank has opened two branches at Jhapa and Itahari on Monday, November 6.</p> <p>The branches have been set up at Gauradaha Municipality Ward No 3, Jhapa and Tarahara of Itahari Sub Metropolitan City Ward No 20, reads a statement issued by the bank. </p> <p>The bank informed that Rohit Kumar Shah, mayor of Gauradaha Municipality, inaugurated the Gauradaha branch while the Tarahara branch was inaugurated by Dwarik Lal Chaudhari, mayor of Itahari Sub Metropolitan City.</p> <p>NIC ASIA Bank said it is one of the largest private sector commercial banks in the country in terms of capital base, balance-sheet size, customer base, number of branch and ATM network.</p> <p>The bank said it has a strategy to reach every possible market for better service of its customers and there are more branches coming in operation soon.</p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6630', 'image' => '20171107101243_nic-asia-2.jpg', 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6846', 'article_category_id' => '1', 'title' => 'Huawei to launch ‘ Huawei nova 2i’ ', 'sub_title' => '', 'summary' => ' November 7: Chinese smartphone manufacturer Huawei is all set to launch ‘Huwaei nova 2i’ in the Nepali market.', 'content' => '<p> November 7: Chinese smartphone manufacturer Huawei is all set to launch ‘Huwaei nova 2i’ in the Nepali market.</p> <p> Issuing a press statement, the company said that the smartphone delivers stunning performance and power, and has front and back dual-lens cameras. The launch of the phone will mark the entry of the first handset with for cameras in the domestic market.</p> <p> According to the statement, Huwaei nova 2i has been designed for the photoholics as it has front-facing 13MP and 2MP selfie camera, and a combination of 16MP and a 2MP rear camera. The amazing features of the smartphone captures pictures even in low-light situation, says the company.</p> <p> As the smartphone has high quality 5.9-inch screen, movie and game lovers will get enough of the thrill and excitement ‘Huawei nova 2i’ offers, reads the statement. The smartphone is powered by an octa-core Kirin 659 chipset, 4GB RAM and 64GB ROM, which helps multi-task several applications at once.</p> <p>The smartphone has a 3,340 mAh long-lasting battery, and runs with Android-7 based EMUI interface. According to the statement, the Huawei nova 2i has ‘Huawei Histen audio system’ to deliver extraordinary sound experiences for immersive video and gaming experiences. </p> <p>The smartphone will be available in graphite black and prestige gold colors. The nova 2i will hit the market in November. The company is yet to announce the price of the new smartphone.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6629', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6845', 'article_category_id' => '1', 'title' => 'Nepal Wins Awards in Toastmasters Speech Contest in New Delhi', 'sub_title' => '', 'summary' => 'November 7: Nepal bagged various awards in the Toastmasters International District-level Speech Contest. ', 'content' => '<p>November 7: Nepal bagged various awards in the Toastmasters International District-level Speech Contest. Participants from Nepal won five out six awards in division level humourous and evaluation speech contests in New Delhi. Out of 11 contestants, five contestants from two areas of Nepal won trophies in humuorous and evaluation contests.</p> <p>Both the 1st position winners of humorous speech from Nepal, Toastmaster Seema Golchha and evaluation contest winner Toastmaster Diptee Acharya, proceeded to district level contest, in which 12 divisions from across India contested for the awards. In the finals, Seema Golchha finished second and bagged silver trophy.</p> <p>"In the history of Toastmasters movement in Nepal, this is the first time contestants participated in any international contests and have left a memorable impression," said Area Director Suman Shakya after the contests results.</p> <p>Other Area Director from Nepal Ranjit Acharya said, "After sweeping five out of six awards in division I, being in district finals was a great achievement all together and on top of that winning second position in Humourous speech contest is a big pride for Nepal. We are all happy that Nepal has stepped in a big way to Toastmasters International arena."</p> <p> </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6628', 'image' => '20171107101048_Pic 2.jpg', 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6844', 'article_category_id' => '1', 'title' => 'Nepal’s Rate of Export Declines', 'sub_title' => '', 'summary' => 'November 6: Nepal’s export rate has declined by 4.7 percent in first two months of the current fiscal year 2017/18 as compared to the corresponding period of last FY. ', 'content' => '<p><span style="font-size:13px">November 6: Nepal’s export rate has declined by 4.7 percent in first two months of the current fiscal year 2017/18 as compared to the corresponding period of last FY. Although the total export during the review period grew by 7.7 in FY 2016/17, the total export increased by only 3 percent in the current FY.</span></p> <p>The total export in the last FY was Rs 73.4 billion while the export in the first two months was worth Rs 13.18 billion. The export in the first two months of the current FY increased to Rs 13.58 billion. </p> <p>However, the rate of export has declined, according to a report prepared by Nepal Rastra Bank. Meanwhile, the Ministry of Finance has concluded that it is difficult to increase the rate of export in the current context.</p> <p>Finance Secretary Shankar Adhikari said that it is almost impossible to increase the rate of export in the present context.</p> <p>Economists say that the decline in rate of export would have negative impact in the country’s economy.</p> <p>Dr Shankar Prasad Nepal, chief of the economics department of Bhairahawa Multiple Campus under Tribhuvan University opined that Nepal should export goods at a higher price to increase the rate of export.</p> <p>Data show that Nepal exported goods worth Rs 7.13 billion out of the total export of Rs 13.58 billion to India. But this amount is less by 3.3 percent compared to the export during the review period in the last FY. </p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6627', 'image' => null, 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6843', 'article_category_id' => '1', 'title' => 'Kumari Bank Provides Scholarship to former ‘Living Goddess’', 'sub_title' => '', 'summary' => 'November 6: Kumari Bank has provided scholarship to former ‘Living Goddess’ Manita Shakya, locally knows as “Kumari’.', 'content' => '<p><span style="font-size:13px">November 6: Kumari Bank has provided scholarship to former ‘Living Goddess’ Manita Shakya, locally knows as “Kumari’. The bank has been depositing Rs 50,000 in the name of Shakya at its Putalisadak branch as per the commitment it had made during its 14</span><sup>th</sup><span style="font-size:13px"> anniversary, reads a press statement issued by the bank.</span></p> <p>The bank’s CEO Surendra Bhandari handed over the amount deposited in Shakya’s account amid a function on Sunday, November 6.</p> <p>The bank also pledged to provide scholarship for the current Living Goddess Trishna Shakya as well.</p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6626', 'image' => '20171106055809_kumari.jpg', 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6842', 'article_category_id' => '1', 'title' => 'Nepal SBI Bank Opens Branch in Battar', 'sub_title' => '', 'summary' => 'November 6: Nepal SBI Bank has extended its branch in Battar of Nuwakot district. ', 'content' => '<p><span style="font-size:13px">November 6: Nepal SBI Bank has extended its branch in Battar of Nuwakot district. The bank has also installed an ATM counter at the branch. Issuing a press statement, the bank said it now has a total of 68 branches and 100 ATM outlets. Nepal Rastra Bank’s Executive Director Narayan Prasad Poudel inaugurated the branch amid a function on Sunday, November 6. </span></p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6625', 'image' => '20171106025141_sbi.jpg', 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6841', 'article_category_id' => '1', 'title' => 'Pandey Re-elected Chairman of NIBL', 'sub_title' => '', 'summary' => 'November 6:Prithvi Bahadur Pandey has been re-appointed as the chairman of Nepal Investment Bank Limited. ', 'content' => '<p><span style="font-size:13px">November 6:Prithvi Bahadur Pandey has been re-appointed as the chairman of Nepal Investment Bank Limited. A meeting of the Board of Directors of the bank on November 3 took a decision to this effect, reads a press statement issued by the bank. </span></p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6624', 'image' => '20171106023408_Clipboard01.jpg', 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6840', 'article_category_id' => '1', 'title' => 'MetLife Recognized for Innovative Customer Solutions', 'sub_title' => 'Wins “Innovation of the Year” for second consecutive year at 21st Annual Asia Insurance Industry Awards', 'summary' => ' November 6: MetLife Inc has announced that its unique virtual reality solution, known as conVRse, has won the Asia Insurance Industry Award 2017for ‘Innovation of the Year’.', 'content' => '<p><span style="font-size:13px"> November 6: MetLife Inc has announced that its unique virtual reality solution, known as conVRse, has won the Asia Insurance Industry Award 2017for ‘Innovation of the Year’.</span></p> <p>Issuing a press statement, the company said that conVRse is a first-of-its-kind experiential Virtual Reality (VR) customer service platform designed to revolutionize interaction between insurers and customers. According to the company, this solution was developed by LumenLab, MetLife’s innovation center in Asia,and PNB MetLife, its joint venture in India.</p> <p>This is the second consecutive year that MetLife Asia is being recognized for innovation, consolidating its position as a leader in innovation, reads the statement. Last year, the company won this category with its insurance product “Beautiful”.</p> <p>“We are delighted to be recognized as a leader for innovation in our industry and want to thank the panel of judges and AIIA team for encouraging innovation in insurance which is critical if we are to evolve into a truly customer-centric industry,” the statement quoted Zia Zaman, LumenLab CEO and Chief Innovation Officer of MetLife Asia, as saying. “What I like best about virtual reality is that it allows the customer to be the protagonist in their own financial journey. Our solution conVRse is a huge first step that our customers love.”</p> <p>The company said that this is the first time that virtual reality is being used in the insurance industry to benefit the customers directly.</p> <p>The platform provides a differentiated, immersive and a personalized experience to the customer through VR headsets available at select PNB MetLife branches. </p> <p>According to the company, the VR headset brings customers face to face with an avatar “Khushi”. Khushi is a life insurance expert who can show customers all their policy related information while answering their queries. </p> <p>“The initial response from PNB MetLife customers has been exceptional; 96% say it has had a positive impact on their brand experience,” the statement reads. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6623', 'image' => '20171106022446_Clipboard01.jpg', 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6839', 'article_category_id' => '1', 'title' => ''Role of Micro Enterprises Vital for Development of Nepal'', 'sub_title' => '', 'summary' => 'November 6: Experts at an interaction programme said that the role of micro enterprises is highly important for developing countries like Nepal. ', 'content' => '<p><span style="font-size:13px">November 6: Experts at an interaction programme said that the role of micro enterprises is highly important for developing countries like Nepal. </span></p> <p>Micro Enterprise and Development in Nepal (MEDIN) Summit-2017 jointly organized by Handong Global University, South Korea and School of Management, Tribhuvan University (SOMTU) in the capital on November 5 held discussions on different thematic areas of micro enterprises. The programme was sponsored by the Ministry of Education of South Korea, UNESCO and UNITWIN.</p> <p>The summit was organized with an aim to initiate and promote multi-stakeholder discussions among academic circles, public policy makers, civil society leaders, development institutes, entrepreneurs and development agencies. Similarly, the summit also showcased the best Nepali and international practices on microenterprise development in the context of socio-economic development of Nepal.</p> <p>Speaking at the function, Prof Kee-Seon Yoo, dean of School of Management and Economics and director of Joint International Education Program, Handong Global University, said that management knowledge and skills are important for managing social development of the country.</p> <p>Pushkar Bajracharya, professor emeritus at the Faculty of Management of TU, highlighted importance of business management education in every sector. </p> <p>Likewise, Dr Arhan Sthapit of the Faculty of Management at TU stated that local products from micro enterprises can uplift the economic development by using local knowledge and skills.</p> <p>Discussions were held on different thematic areas of micro enterprise such as the roles of micro enterprises in Nepal’s development efforts. Social innovation for sustainable development in Nepal, role of NGOs and INGOs and role of MBA programmes in Nepal’s development efforts were also discussed at the summit.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6622', 'image' => '20171106015836_IMG_0179.jpg', 'article_date' => '2017-11-06 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' => '6853', 'article_category_id' => '1', 'title' => 'NEA Stops Providing Take or Pay Facility', 'sub_title' => '', 'summary' => 'November 7: Nepal Electricity Authority (NEA) has changed some of the provisions in the power purchase agreement (PPA).', 'content' => '<p><span style="font-size:13px">November 7: Nepal Electricity Authority (NEA) has changed some of the provisions in the power purchase agreement (PPA). NEA had been giving ‘take or pay’ facility to hydropower projects despite having provision of take and pay since August-September 2014. But now, NEA has curtailed the privilege it had been providing to the projects.</span></p> <p>Two years ago, the government had announced an ambitious plan of producing 10,000 megawatts of electricity in the next ten years and had assured to provide take or pay facilities to the projects generating 30 percent of the proposed power on first-come-first-serve basis. The projects had been enjoying take or pay facility under this plan.</p> <p>But the NEA’s decision on Monday, November 6, has stopped providing the take or pay facility, under which the state-owned power utility was obliged to buy the power generated by private companies irrespective of whether NEA needed it or not.</p> <p>In contrast, the NEA pays to the projects only for the electricity it uses under the take and pay provision.</p> <p>NEA announced that the take or pay facility had reached its limit as the PPA signed with different projects has already reached 3,500 megawatts.</p> <p>NEA has so far signed PPA with 222 projects for the generation of electricity. However, the last six projects have been deprived of the take or pay facility as the government has already signed agreements to produce 3,500 megawatts of electricity, for which it had announced the take or pay facility. </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6636', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6852', 'article_category_id' => '1', 'title' => 'Muktinath Opens Branch in Chitwan', 'sub_title' => '', 'summary' => 'November 7: Muktinath Bikas Bank has opened a branch at Chitwan’s Khaireni Municipality-8, Parsa Bazar. ', 'content' => '<p><span style="font-size:13px">November 7: Muktinath Bikas Bank has opened a branch at Chitwan’s Khaireni Municipality-8, Parsa Bazar. Mayor of the municipality Lalmani Chaudhary inaugurated the branch amid a function on Sunday, November 5. The bank’s deputy CEO Pradhumna Pokhrel shed light on the bank’s current status and future plans during the function. The bank said it has been providing service to its customers through 70 branches. Issuing a press statement, the bank said it has collected a total of Rs 19.54 billion deposits as of mid-July this year and has loaned out Rs 16.80 billion. </span></p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6635', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6851', 'article_category_id' => '1', 'title' => 'Deva Bikas Bank Supports Old-age Home', 'sub_title' => '', 'summary' => 'November 7: Deva Bikas Bank has provided support to Devghat-based Rotary Karunalaya Old-age Home. ', 'content' => '<p><span style="font-size:13px">November 7: Deva Bikas Bank has provided support to Devghat-based Rotary Karunalaya Old-age Home. The bank handed over Rs 150,000 to the old-age home run by Rotarians as part of its corporate social responsibility. The bank’s Assistant General Manager and regional chief Bishnu Regmi handed over a cheque to the representative of the old-age home amid a function held at Chitwan’s Bharatpur Garden Resort. </span></p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6634', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6850', 'article_category_id' => '1', 'title' => 'Citizens Bank Opens Branch in Jhapa', 'sub_title' => '', 'summary' => 'November 7: With the country adopting federal set-up, Citizens Bank said it has given priority to opening branches at the local levels.', 'content' => '<p><span style="font-size:13px">November 7: With the country adopting federal set-up, Citizens Bank said it has given priority to opening branches at the local levels. In this regard, the bank said it has opened a branch at Jhapa’s Haldibari. The bank’s assistant CEO Bodhraj Devkota inaugurated the branch amid a function on Monday, November 7. With this, the bank now has 65 branches, 62 ATM counters and 97 branchless services across the country. During the inauguration, the bank handed over one set of computer each to Shree Laxmi Medium School and Shree Shanti Primary School as part of its corporate social responsibility. The bank said it will soon open branches in Mahottari and Dang districts.</span></p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6633', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6849', 'article_category_id' => '1', 'title' => 'Nepal’s ‘First Noodle-Bar’ Opens at Labim Mall', 'sub_title' => '', 'summary' => 'November 7: Wai Wai City, the country’s first iconic noodle bar, has opened its first outlet at Labim Mall, Pulchowk, Lalitpur, Nepal.', 'content' => '<p><span style="font-size:13px">November 7: Wai Wai City, the country’s first iconic noodle bar, has opened its first outlet at Labim Mall, Pulchowk, Lalitpur, Nepal.</span></p> <p>Issuing a press statement, the company said that Wai Wai City - a ready to eat noodle bar – gives customers their favourite noodles an appetizing make-over in various flavours to choose from.</p> <p>“This brings the brand closer to the consumer, giving them multiple options along with making the place a preferred nook for friends and family to catch up and enjoy their favourite snack,” reads the statement.</p> <p>Nirvana Chaudhary, managing director of Chaudhary Group, inaugurated the outlet of Wai Wai City on Monday, November 6.</p> <p>Speaking at the launching ceremony, Chaudhary said, "With Wai Wai City, we aim to extend the legacy of Wai Wai noodles to a larger audience with a unique and refreshing experience, and a one of a kind noodle bar concept. For us, this is the beginning of an exciting journey with 14 operational outlets in India and Nepal in these last few months and many more to come in other markets as well." </p> <p>The menu offers an array of noodle dishes cooked in interesting styles influenced by oriental flavours, giving noodle lovers a host of new ways to consume this cult snack, reads the statement.</p> <p>The live kitchen has four types of noodles such as classic, chopsuey, roasted and pan fried, seven sauces, which are, soy garlic, kung pao, masala fusion,hot garlic, pepper soya, spicy teriyaki, schezwan chilli, eighteen vegetables, ten toppings and five add-ons to choose from.</p> <p>Wai Wai City said it will be spread across the following formats - food courts, self-standing kiosks, standalone outlets, highway formats and an integrated format.</p> <p>These formats will be developed across malls, information technology (IT) parks, offices, airports, hospitals, colleges, high streets, etc. The company claimed that it will offer noodles in a host of flavours at pocket-friendly prices. The noodle bars are already operational in Delhi NCR with two outlets, Siliguri, Chandigarh,Hyderabad, Velachery, Kolkata, Chennai, Vadodara, Pune, Surat in a stand-alone and kiosk format with an open live kitchenand has now branched out to Lalitpur in Nepal, with Bhuvaneshwar, Agra, Pondicherry, Lucknow, Dehradun, Mumbai in India and is in the pipeline in Itahari, Kathmandu, Bharatpur, Dharan, Pokhara, Birtamod in Nepal, reads the statement. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6632', 'image' => '20171107021432_551A693011.jpg', 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6848', 'article_category_id' => '1', 'title' => 'More than 30 SUVs head out to Lo Manthang in an off-road expedition', 'sub_title' => '', 'summary' => 'November 7: With the main objective of promoting internal tourism within Nepal, a seven day expedition – Dare to Lo Manthang – has kicked off on November 6.', 'content' => '<p><strong>November 7: </strong>With the main objective of promoting internal tourism within Nepal, a seven day expedition – Dare to Lo Manthang – has kicked off on November 6.</p> <p>The expedition organised by Imagine Nepal and sponsored by Mahindra Thar saw 75 participants and more than 30 SUV’s start their journey from Kathmandu on, reads a press statement issued by the organisers.</p> <p>“Along the way, participants will be engaging in various activities in and around Lo Manthang, which includes taking a trip to the Chhosar caves in Lo Manthang, taking in live cultural performances, competing in archery competitions and taking part in many more amazing activities,” reads the statement.</p> <p>Miss Nepal 2010 Sadichha Shrestha, volleyball player Sipora Gurung and photographer Kishore Kayastha are also accompanying the participants for the expedition.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6631', 'image' => '20171107122741_PR photo.jpg', 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6847', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Opens Two Branches', 'sub_title' => '', 'summary' => 'November 7: NIC ASIA Bank has opened two branches at Jhapa and Itahari on Monday, November 6.', 'content' => '<p>November 7: NIC ASIA Bank has opened two branches at Jhapa and Itahari on Monday, November 6.</p> <p>The branches have been set up at Gauradaha Municipality Ward No 3, Jhapa and Tarahara of Itahari Sub Metropolitan City Ward No 20, reads a statement issued by the bank. </p> <p>The bank informed that Rohit Kumar Shah, mayor of Gauradaha Municipality, inaugurated the Gauradaha branch while the Tarahara branch was inaugurated by Dwarik Lal Chaudhari, mayor of Itahari Sub Metropolitan City.</p> <p>NIC ASIA Bank said it is one of the largest private sector commercial banks in the country in terms of capital base, balance-sheet size, customer base, number of branch and ATM network.</p> <p>The bank said it has a strategy to reach every possible market for better service of its customers and there are more branches coming in operation soon.</p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6630', 'image' => '20171107101243_nic-asia-2.jpg', 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6846', 'article_category_id' => '1', 'title' => 'Huawei to launch ‘ Huawei nova 2i’ ', 'sub_title' => '', 'summary' => ' November 7: Chinese smartphone manufacturer Huawei is all set to launch ‘Huwaei nova 2i’ in the Nepali market.', 'content' => '<p> November 7: Chinese smartphone manufacturer Huawei is all set to launch ‘Huwaei nova 2i’ in the Nepali market.</p> <p> Issuing a press statement, the company said that the smartphone delivers stunning performance and power, and has front and back dual-lens cameras. The launch of the phone will mark the entry of the first handset with for cameras in the domestic market.</p> <p> According to the statement, Huwaei nova 2i has been designed for the photoholics as it has front-facing 13MP and 2MP selfie camera, and a combination of 16MP and a 2MP rear camera. The amazing features of the smartphone captures pictures even in low-light situation, says the company.</p> <p> As the smartphone has high quality 5.9-inch screen, movie and game lovers will get enough of the thrill and excitement ‘Huawei nova 2i’ offers, reads the statement. The smartphone is powered by an octa-core Kirin 659 chipset, 4GB RAM and 64GB ROM, which helps multi-task several applications at once.</p> <p>The smartphone has a 3,340 mAh long-lasting battery, and runs with Android-7 based EMUI interface. According to the statement, the Huawei nova 2i has ‘Huawei Histen audio system’ to deliver extraordinary sound experiences for immersive video and gaming experiences. </p> <p>The smartphone will be available in graphite black and prestige gold colors. The nova 2i will hit the market in November. The company is yet to announce the price of the new smartphone.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6629', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6845', 'article_category_id' => '1', 'title' => 'Nepal Wins Awards in Toastmasters Speech Contest in New Delhi', 'sub_title' => '', 'summary' => 'November 7: Nepal bagged various awards in the Toastmasters International District-level Speech Contest. ', 'content' => '<p>November 7: Nepal bagged various awards in the Toastmasters International District-level Speech Contest. Participants from Nepal won five out six awards in division level humourous and evaluation speech contests in New Delhi. Out of 11 contestants, five contestants from two areas of Nepal won trophies in humuorous and evaluation contests.</p> <p>Both the 1st position winners of humorous speech from Nepal, Toastmaster Seema Golchha and evaluation contest winner Toastmaster Diptee Acharya, proceeded to district level contest, in which 12 divisions from across India contested for the awards. In the finals, Seema Golchha finished second and bagged silver trophy.</p> <p>"In the history of Toastmasters movement in Nepal, this is the first time contestants participated in any international contests and have left a memorable impression," said Area Director Suman Shakya after the contests results.</p> <p>Other Area Director from Nepal Ranjit Acharya said, "After sweeping five out of six awards in division I, being in district finals was a great achievement all together and on top of that winning second position in Humourous speech contest is a big pride for Nepal. We are all happy that Nepal has stepped in a big way to Toastmasters International arena."</p> <p> </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6628', 'image' => '20171107101048_Pic 2.jpg', 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6844', 'article_category_id' => '1', 'title' => 'Nepal’s Rate of Export Declines', 'sub_title' => '', 'summary' => 'November 6: Nepal’s export rate has declined by 4.7 percent in first two months of the current fiscal year 2017/18 as compared to the corresponding period of last FY. ', 'content' => '<p><span style="font-size:13px">November 6: Nepal’s export rate has declined by 4.7 percent in first two months of the current fiscal year 2017/18 as compared to the corresponding period of last FY. Although the total export during the review period grew by 7.7 in FY 2016/17, the total export increased by only 3 percent in the current FY.</span></p> <p>The total export in the last FY was Rs 73.4 billion while the export in the first two months was worth Rs 13.18 billion. The export in the first two months of the current FY increased to Rs 13.58 billion. </p> <p>However, the rate of export has declined, according to a report prepared by Nepal Rastra Bank. Meanwhile, the Ministry of Finance has concluded that it is difficult to increase the rate of export in the current context.</p> <p>Finance Secretary Shankar Adhikari said that it is almost impossible to increase the rate of export in the present context.</p> <p>Economists say that the decline in rate of export would have negative impact in the country’s economy.</p> <p>Dr Shankar Prasad Nepal, chief of the economics department of Bhairahawa Multiple Campus under Tribhuvan University opined that Nepal should export goods at a higher price to increase the rate of export.</p> <p>Data show that Nepal exported goods worth Rs 7.13 billion out of the total export of Rs 13.58 billion to India. But this amount is less by 3.3 percent compared to the export during the review period in the last FY. </p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6627', 'image' => null, 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6843', 'article_category_id' => '1', 'title' => 'Kumari Bank Provides Scholarship to former ‘Living Goddess’', 'sub_title' => '', 'summary' => 'November 6: Kumari Bank has provided scholarship to former ‘Living Goddess’ Manita Shakya, locally knows as “Kumari’.', 'content' => '<p><span style="font-size:13px">November 6: Kumari Bank has provided scholarship to former ‘Living Goddess’ Manita Shakya, locally knows as “Kumari’. The bank has been depositing Rs 50,000 in the name of Shakya at its Putalisadak branch as per the commitment it had made during its 14</span><sup>th</sup><span style="font-size:13px"> anniversary, reads a press statement issued by the bank.</span></p> <p>The bank’s CEO Surendra Bhandari handed over the amount deposited in Shakya’s account amid a function on Sunday, November 6.</p> <p>The bank also pledged to provide scholarship for the current Living Goddess Trishna Shakya as well.</p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6626', 'image' => '20171106055809_kumari.jpg', 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6842', 'article_category_id' => '1', 'title' => 'Nepal SBI Bank Opens Branch in Battar', 'sub_title' => '', 'summary' => 'November 6: Nepal SBI Bank has extended its branch in Battar of Nuwakot district. ', 'content' => '<p><span style="font-size:13px">November 6: Nepal SBI Bank has extended its branch in Battar of Nuwakot district. The bank has also installed an ATM counter at the branch. Issuing a press statement, the bank said it now has a total of 68 branches and 100 ATM outlets. Nepal Rastra Bank’s Executive Director Narayan Prasad Poudel inaugurated the branch amid a function on Sunday, November 6. </span></p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6625', 'image' => '20171106025141_sbi.jpg', 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6841', 'article_category_id' => '1', 'title' => 'Pandey Re-elected Chairman of NIBL', 'sub_title' => '', 'summary' => 'November 6:Prithvi Bahadur Pandey has been re-appointed as the chairman of Nepal Investment Bank Limited. ', 'content' => '<p><span style="font-size:13px">November 6:Prithvi Bahadur Pandey has been re-appointed as the chairman of Nepal Investment Bank Limited. A meeting of the Board of Directors of the bank on November 3 took a decision to this effect, reads a press statement issued by the bank. </span></p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6624', 'image' => '20171106023408_Clipboard01.jpg', 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6840', 'article_category_id' => '1', 'title' => 'MetLife Recognized for Innovative Customer Solutions', 'sub_title' => 'Wins “Innovation of the Year” for second consecutive year at 21st Annual Asia Insurance Industry Awards', 'summary' => ' November 6: MetLife Inc has announced that its unique virtual reality solution, known as conVRse, has won the Asia Insurance Industry Award 2017for ‘Innovation of the Year’.', 'content' => '<p><span style="font-size:13px"> November 6: MetLife Inc has announced that its unique virtual reality solution, known as conVRse, has won the Asia Insurance Industry Award 2017for ‘Innovation of the Year’.</span></p> <p>Issuing a press statement, the company said that conVRse is a first-of-its-kind experiential Virtual Reality (VR) customer service platform designed to revolutionize interaction between insurers and customers. According to the company, this solution was developed by LumenLab, MetLife’s innovation center in Asia,and PNB MetLife, its joint venture in India.</p> <p>This is the second consecutive year that MetLife Asia is being recognized for innovation, consolidating its position as a leader in innovation, reads the statement. Last year, the company won this category with its insurance product “Beautiful”.</p> <p>“We are delighted to be recognized as a leader for innovation in our industry and want to thank the panel of judges and AIIA team for encouraging innovation in insurance which is critical if we are to evolve into a truly customer-centric industry,” the statement quoted Zia Zaman, LumenLab CEO and Chief Innovation Officer of MetLife Asia, as saying. “What I like best about virtual reality is that it allows the customer to be the protagonist in their own financial journey. Our solution conVRse is a huge first step that our customers love.”</p> <p>The company said that this is the first time that virtual reality is being used in the insurance industry to benefit the customers directly.</p> <p>The platform provides a differentiated, immersive and a personalized experience to the customer through VR headsets available at select PNB MetLife branches. </p> <p>According to the company, the VR headset brings customers face to face with an avatar “Khushi”. Khushi is a life insurance expert who can show customers all their policy related information while answering their queries. </p> <p>“The initial response from PNB MetLife customers has been exceptional; 96% say it has had a positive impact on their brand experience,” the statement reads. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6623', 'image' => '20171106022446_Clipboard01.jpg', 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6839', 'article_category_id' => '1', 'title' => ''Role of Micro Enterprises Vital for Development of Nepal'', 'sub_title' => '', 'summary' => 'November 6: Experts at an interaction programme said that the role of micro enterprises is highly important for developing countries like Nepal. ', 'content' => '<p><span style="font-size:13px">November 6: Experts at an interaction programme said that the role of micro enterprises is highly important for developing countries like Nepal. </span></p> <p>Micro Enterprise and Development in Nepal (MEDIN) Summit-2017 jointly organized by Handong Global University, South Korea and School of Management, Tribhuvan University (SOMTU) in the capital on November 5 held discussions on different thematic areas of micro enterprises. The programme was sponsored by the Ministry of Education of South Korea, UNESCO and UNITWIN.</p> <p>The summit was organized with an aim to initiate and promote multi-stakeholder discussions among academic circles, public policy makers, civil society leaders, development institutes, entrepreneurs and development agencies. Similarly, the summit also showcased the best Nepali and international practices on microenterprise development in the context of socio-economic development of Nepal.</p> <p>Speaking at the function, Prof Kee-Seon Yoo, dean of School of Management and Economics and director of Joint International Education Program, Handong Global University, said that management knowledge and skills are important for managing social development of the country.</p> <p>Pushkar Bajracharya, professor emeritus at the Faculty of Management of TU, highlighted importance of business management education in every sector. </p> <p>Likewise, Dr Arhan Sthapit of the Faculty of Management at TU stated that local products from micro enterprises can uplift the economic development by using local knowledge and skills.</p> <p>Discussions were held on different thematic areas of micro enterprise such as the roles of micro enterprises in Nepal’s development efforts. Social innovation for sustainable development in Nepal, role of NGOs and INGOs and role of MBA programmes in Nepal’s development efforts were also discussed at the summit.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6622', 'image' => '20171106015836_IMG_0179.jpg', 'article_date' => '2017-11-06 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' => '6853', 'article_category_id' => '1', 'title' => 'NEA Stops Providing Take or Pay Facility', 'sub_title' => '', 'summary' => 'November 7: Nepal Electricity Authority (NEA) has changed some of the provisions in the power purchase agreement (PPA).', 'content' => '<p><span style="font-size:13px">November 7: Nepal Electricity Authority (NEA) has changed some of the provisions in the power purchase agreement (PPA). NEA had been giving ‘take or pay’ facility to hydropower projects despite having provision of take and pay since August-September 2014. But now, NEA has curtailed the privilege it had been providing to the projects.</span></p> <p>Two years ago, the government had announced an ambitious plan of producing 10,000 megawatts of electricity in the next ten years and had assured to provide take or pay facilities to the projects generating 30 percent of the proposed power on first-come-first-serve basis. The projects had been enjoying take or pay facility under this plan.</p> <p>But the NEA’s decision on Monday, November 6, has stopped providing the take or pay facility, under which the state-owned power utility was obliged to buy the power generated by private companies irrespective of whether NEA needed it or not.</p> <p>In contrast, the NEA pays to the projects only for the electricity it uses under the take and pay provision.</p> <p>NEA announced that the take or pay facility had reached its limit as the PPA signed with different projects has already reached 3,500 megawatts.</p> <p>NEA has so far signed PPA with 222 projects for the generation of electricity. However, the last six projects have been deprived of the take or pay facility as the government has already signed agreements to produce 3,500 megawatts of electricity, for which it had announced the take or pay facility. </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6636', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6852', 'article_category_id' => '1', 'title' => 'Muktinath Opens Branch in Chitwan', 'sub_title' => '', 'summary' => 'November 7: Muktinath Bikas Bank has opened a branch at Chitwan’s Khaireni Municipality-8, Parsa Bazar. ', 'content' => '<p><span style="font-size:13px">November 7: Muktinath Bikas Bank has opened a branch at Chitwan’s Khaireni Municipality-8, Parsa Bazar. Mayor of the municipality Lalmani Chaudhary inaugurated the branch amid a function on Sunday, November 5. The bank’s deputy CEO Pradhumna Pokhrel shed light on the bank’s current status and future plans during the function. The bank said it has been providing service to its customers through 70 branches. Issuing a press statement, the bank said it has collected a total of Rs 19.54 billion deposits as of mid-July this year and has loaned out Rs 16.80 billion. </span></p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6635', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6851', 'article_category_id' => '1', 'title' => 'Deva Bikas Bank Supports Old-age Home', 'sub_title' => '', 'summary' => 'November 7: Deva Bikas Bank has provided support to Devghat-based Rotary Karunalaya Old-age Home. ', 'content' => '<p><span style="font-size:13px">November 7: Deva Bikas Bank has provided support to Devghat-based Rotary Karunalaya Old-age Home. The bank handed over Rs 150,000 to the old-age home run by Rotarians as part of its corporate social responsibility. The bank’s Assistant General Manager and regional chief Bishnu Regmi handed over a cheque to the representative of the old-age home amid a function held at Chitwan’s Bharatpur Garden Resort. </span></p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6634', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6850', 'article_category_id' => '1', 'title' => 'Citizens Bank Opens Branch in Jhapa', 'sub_title' => '', 'summary' => 'November 7: With the country adopting federal set-up, Citizens Bank said it has given priority to opening branches at the local levels.', 'content' => '<p><span style="font-size:13px">November 7: With the country adopting federal set-up, Citizens Bank said it has given priority to opening branches at the local levels. In this regard, the bank said it has opened a branch at Jhapa’s Haldibari. The bank’s assistant CEO Bodhraj Devkota inaugurated the branch amid a function on Monday, November 7. With this, the bank now has 65 branches, 62 ATM counters and 97 branchless services across the country. During the inauguration, the bank handed over one set of computer each to Shree Laxmi Medium School and Shree Shanti Primary School as part of its corporate social responsibility. The bank said it will soon open branches in Mahottari and Dang districts.</span></p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6633', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6849', 'article_category_id' => '1', 'title' => 'Nepal’s ‘First Noodle-Bar’ Opens at Labim Mall', 'sub_title' => '', 'summary' => 'November 7: Wai Wai City, the country’s first iconic noodle bar, has opened its first outlet at Labim Mall, Pulchowk, Lalitpur, Nepal.', 'content' => '<p><span style="font-size:13px">November 7: Wai Wai City, the country’s first iconic noodle bar, has opened its first outlet at Labim Mall, Pulchowk, Lalitpur, Nepal.</span></p> <p>Issuing a press statement, the company said that Wai Wai City - a ready to eat noodle bar – gives customers their favourite noodles an appetizing make-over in various flavours to choose from.</p> <p>“This brings the brand closer to the consumer, giving them multiple options along with making the place a preferred nook for friends and family to catch up and enjoy their favourite snack,” reads the statement.</p> <p>Nirvana Chaudhary, managing director of Chaudhary Group, inaugurated the outlet of Wai Wai City on Monday, November 6.</p> <p>Speaking at the launching ceremony, Chaudhary said, "With Wai Wai City, we aim to extend the legacy of Wai Wai noodles to a larger audience with a unique and refreshing experience, and a one of a kind noodle bar concept. For us, this is the beginning of an exciting journey with 14 operational outlets in India and Nepal in these last few months and many more to come in other markets as well." </p> <p>The menu offers an array of noodle dishes cooked in interesting styles influenced by oriental flavours, giving noodle lovers a host of new ways to consume this cult snack, reads the statement.</p> <p>The live kitchen has four types of noodles such as classic, chopsuey, roasted and pan fried, seven sauces, which are, soy garlic, kung pao, masala fusion,hot garlic, pepper soya, spicy teriyaki, schezwan chilli, eighteen vegetables, ten toppings and five add-ons to choose from.</p> <p>Wai Wai City said it will be spread across the following formats - food courts, self-standing kiosks, standalone outlets, highway formats and an integrated format.</p> <p>These formats will be developed across malls, information technology (IT) parks, offices, airports, hospitals, colleges, high streets, etc. The company claimed that it will offer noodles in a host of flavours at pocket-friendly prices. The noodle bars are already operational in Delhi NCR with two outlets, Siliguri, Chandigarh,Hyderabad, Velachery, Kolkata, Chennai, Vadodara, Pune, Surat in a stand-alone and kiosk format with an open live kitchenand has now branched out to Lalitpur in Nepal, with Bhuvaneshwar, Agra, Pondicherry, Lucknow, Dehradun, Mumbai in India and is in the pipeline in Itahari, Kathmandu, Bharatpur, Dharan, Pokhara, Birtamod in Nepal, reads the statement. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6632', 'image' => '20171107021432_551A693011.jpg', 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6848', 'article_category_id' => '1', 'title' => 'More than 30 SUVs head out to Lo Manthang in an off-road expedition', 'sub_title' => '', 'summary' => 'November 7: With the main objective of promoting internal tourism within Nepal, a seven day expedition – Dare to Lo Manthang – has kicked off on November 6.', 'content' => '<p><strong>November 7: </strong>With the main objective of promoting internal tourism within Nepal, a seven day expedition – Dare to Lo Manthang – has kicked off on November 6.</p> <p>The expedition organised by Imagine Nepal and sponsored by Mahindra Thar saw 75 participants and more than 30 SUV’s start their journey from Kathmandu on, reads a press statement issued by the organisers.</p> <p>“Along the way, participants will be engaging in various activities in and around Lo Manthang, which includes taking a trip to the Chhosar caves in Lo Manthang, taking in live cultural performances, competing in archery competitions and taking part in many more amazing activities,” reads the statement.</p> <p>Miss Nepal 2010 Sadichha Shrestha, volleyball player Sipora Gurung and photographer Kishore Kayastha are also accompanying the participants for the expedition.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6631', 'image' => '20171107122741_PR photo.jpg', 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6847', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Opens Two Branches', 'sub_title' => '', 'summary' => 'November 7: NIC ASIA Bank has opened two branches at Jhapa and Itahari on Monday, November 6.', 'content' => '<p>November 7: NIC ASIA Bank has opened two branches at Jhapa and Itahari on Monday, November 6.</p> <p>The branches have been set up at Gauradaha Municipality Ward No 3, Jhapa and Tarahara of Itahari Sub Metropolitan City Ward No 20, reads a statement issued by the bank. </p> <p>The bank informed that Rohit Kumar Shah, mayor of Gauradaha Municipality, inaugurated the Gauradaha branch while the Tarahara branch was inaugurated by Dwarik Lal Chaudhari, mayor of Itahari Sub Metropolitan City.</p> <p>NIC ASIA Bank said it is one of the largest private sector commercial banks in the country in terms of capital base, balance-sheet size, customer base, number of branch and ATM network.</p> <p>The bank said it has a strategy to reach every possible market for better service of its customers and there are more branches coming in operation soon.</p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6630', 'image' => '20171107101243_nic-asia-2.jpg', 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6846', 'article_category_id' => '1', 'title' => 'Huawei to launch ‘ Huawei nova 2i’ ', 'sub_title' => '', 'summary' => ' November 7: Chinese smartphone manufacturer Huawei is all set to launch ‘Huwaei nova 2i’ in the Nepali market.', 'content' => '<p> November 7: Chinese smartphone manufacturer Huawei is all set to launch ‘Huwaei nova 2i’ in the Nepali market.</p> <p> Issuing a press statement, the company said that the smartphone delivers stunning performance and power, and has front and back dual-lens cameras. The launch of the phone will mark the entry of the first handset with for cameras in the domestic market.</p> <p> According to the statement, Huwaei nova 2i has been designed for the photoholics as it has front-facing 13MP and 2MP selfie camera, and a combination of 16MP and a 2MP rear camera. The amazing features of the smartphone captures pictures even in low-light situation, says the company.</p> <p> As the smartphone has high quality 5.9-inch screen, movie and game lovers will get enough of the thrill and excitement ‘Huawei nova 2i’ offers, reads the statement. The smartphone is powered by an octa-core Kirin 659 chipset, 4GB RAM and 64GB ROM, which helps multi-task several applications at once.</p> <p>The smartphone has a 3,340 mAh long-lasting battery, and runs with Android-7 based EMUI interface. According to the statement, the Huawei nova 2i has ‘Huawei Histen audio system’ to deliver extraordinary sound experiences for immersive video and gaming experiences. </p> <p>The smartphone will be available in graphite black and prestige gold colors. The nova 2i will hit the market in November. The company is yet to announce the price of the new smartphone.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6629', 'image' => null, 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6845', 'article_category_id' => '1', 'title' => 'Nepal Wins Awards in Toastmasters Speech Contest in New Delhi', 'sub_title' => '', 'summary' => 'November 7: Nepal bagged various awards in the Toastmasters International District-level Speech Contest. ', 'content' => '<p>November 7: Nepal bagged various awards in the Toastmasters International District-level Speech Contest. Participants from Nepal won five out six awards in division level humourous and evaluation speech contests in New Delhi. Out of 11 contestants, five contestants from two areas of Nepal won trophies in humuorous and evaluation contests.</p> <p>Both the 1st position winners of humorous speech from Nepal, Toastmaster Seema Golchha and evaluation contest winner Toastmaster Diptee Acharya, proceeded to district level contest, in which 12 divisions from across India contested for the awards. In the finals, Seema Golchha finished second and bagged silver trophy.</p> <p>"In the history of Toastmasters movement in Nepal, this is the first time contestants participated in any international contests and have left a memorable impression," said Area Director Suman Shakya after the contests results.</p> <p>Other Area Director from Nepal Ranjit Acharya said, "After sweeping five out of six awards in division I, being in district finals was a great achievement all together and on top of that winning second position in Humourous speech contest is a big pride for Nepal. We are all happy that Nepal has stepped in a big way to Toastmasters International arena."</p> <p> </p> ', 'published' => true, 'created' => '2017-11-07', 'modified' => '2017-11-07', 'keywords' => '', 'description' => '', 'sortorder' => '6628', 'image' => '20171107101048_Pic 2.jpg', 'article_date' => '2017-11-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6844', 'article_category_id' => '1', 'title' => 'Nepal’s Rate of Export Declines', 'sub_title' => '', 'summary' => 'November 6: Nepal’s export rate has declined by 4.7 percent in first two months of the current fiscal year 2017/18 as compared to the corresponding period of last FY. ', 'content' => '<p><span style="font-size:13px">November 6: Nepal’s export rate has declined by 4.7 percent in first two months of the current fiscal year 2017/18 as compared to the corresponding period of last FY. Although the total export during the review period grew by 7.7 in FY 2016/17, the total export increased by only 3 percent in the current FY.</span></p> <p>The total export in the last FY was Rs 73.4 billion while the export in the first two months was worth Rs 13.18 billion. The export in the first two months of the current FY increased to Rs 13.58 billion. </p> <p>However, the rate of export has declined, according to a report prepared by Nepal Rastra Bank. Meanwhile, the Ministry of Finance has concluded that it is difficult to increase the rate of export in the current context.</p> <p>Finance Secretary Shankar Adhikari said that it is almost impossible to increase the rate of export in the present context.</p> <p>Economists say that the decline in rate of export would have negative impact in the country’s economy.</p> <p>Dr Shankar Prasad Nepal, chief of the economics department of Bhairahawa Multiple Campus under Tribhuvan University opined that Nepal should export goods at a higher price to increase the rate of export.</p> <p>Data show that Nepal exported goods worth Rs 7.13 billion out of the total export of Rs 13.58 billion to India. But this amount is less by 3.3 percent compared to the export during the review period in the last FY. </p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6627', 'image' => null, 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6843', 'article_category_id' => '1', 'title' => 'Kumari Bank Provides Scholarship to former ‘Living Goddess’', 'sub_title' => '', 'summary' => 'November 6: Kumari Bank has provided scholarship to former ‘Living Goddess’ Manita Shakya, locally knows as “Kumari’.', 'content' => '<p><span style="font-size:13px">November 6: Kumari Bank has provided scholarship to former ‘Living Goddess’ Manita Shakya, locally knows as “Kumari’. The bank has been depositing Rs 50,000 in the name of Shakya at its Putalisadak branch as per the commitment it had made during its 14</span><sup>th</sup><span style="font-size:13px"> anniversary, reads a press statement issued by the bank.</span></p> <p>The bank’s CEO Surendra Bhandari handed over the amount deposited in Shakya’s account amid a function on Sunday, November 6.</p> <p>The bank also pledged to provide scholarship for the current Living Goddess Trishna Shakya as well.</p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6626', 'image' => '20171106055809_kumari.jpg', 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6842', 'article_category_id' => '1', 'title' => 'Nepal SBI Bank Opens Branch in Battar', 'sub_title' => '', 'summary' => 'November 6: Nepal SBI Bank has extended its branch in Battar of Nuwakot district. ', 'content' => '<p><span style="font-size:13px">November 6: Nepal SBI Bank has extended its branch in Battar of Nuwakot district. The bank has also installed an ATM counter at the branch. Issuing a press statement, the bank said it now has a total of 68 branches and 100 ATM outlets. Nepal Rastra Bank’s Executive Director Narayan Prasad Poudel inaugurated the branch amid a function on Sunday, November 6. </span></p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6625', 'image' => '20171106025141_sbi.jpg', 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6841', 'article_category_id' => '1', 'title' => 'Pandey Re-elected Chairman of NIBL', 'sub_title' => '', 'summary' => 'November 6:Prithvi Bahadur Pandey has been re-appointed as the chairman of Nepal Investment Bank Limited. ', 'content' => '<p><span style="font-size:13px">November 6:Prithvi Bahadur Pandey has been re-appointed as the chairman of Nepal Investment Bank Limited. A meeting of the Board of Directors of the bank on November 3 took a decision to this effect, reads a press statement issued by the bank. </span></p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6624', 'image' => '20171106023408_Clipboard01.jpg', 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6840', 'article_category_id' => '1', 'title' => 'MetLife Recognized for Innovative Customer Solutions', 'sub_title' => 'Wins “Innovation of the Year” for second consecutive year at 21st Annual Asia Insurance Industry Awards', 'summary' => ' November 6: MetLife Inc has announced that its unique virtual reality solution, known as conVRse, has won the Asia Insurance Industry Award 2017for ‘Innovation of the Year’.', 'content' => '<p><span style="font-size:13px"> November 6: MetLife Inc has announced that its unique virtual reality solution, known as conVRse, has won the Asia Insurance Industry Award 2017for ‘Innovation of the Year’.</span></p> <p>Issuing a press statement, the company said that conVRse is a first-of-its-kind experiential Virtual Reality (VR) customer service platform designed to revolutionize interaction between insurers and customers. According to the company, this solution was developed by LumenLab, MetLife’s innovation center in Asia,and PNB MetLife, its joint venture in India.</p> <p>This is the second consecutive year that MetLife Asia is being recognized for innovation, consolidating its position as a leader in innovation, reads the statement. Last year, the company won this category with its insurance product “Beautiful”.</p> <p>“We are delighted to be recognized as a leader for innovation in our industry and want to thank the panel of judges and AIIA team for encouraging innovation in insurance which is critical if we are to evolve into a truly customer-centric industry,” the statement quoted Zia Zaman, LumenLab CEO and Chief Innovation Officer of MetLife Asia, as saying. “What I like best about virtual reality is that it allows the customer to be the protagonist in their own financial journey. Our solution conVRse is a huge first step that our customers love.”</p> <p>The company said that this is the first time that virtual reality is being used in the insurance industry to benefit the customers directly.</p> <p>The platform provides a differentiated, immersive and a personalized experience to the customer through VR headsets available at select PNB MetLife branches. </p> <p>According to the company, the VR headset brings customers face to face with an avatar “Khushi”. Khushi is a life insurance expert who can show customers all their policy related information while answering their queries. </p> <p>“The initial response from PNB MetLife customers has been exceptional; 96% say it has had a positive impact on their brand experience,” the statement reads. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6623', 'image' => '20171106022446_Clipboard01.jpg', 'article_date' => '2017-11-06 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6839', 'article_category_id' => '1', 'title' => ''Role of Micro Enterprises Vital for Development of Nepal'', 'sub_title' => '', 'summary' => 'November 6: Experts at an interaction programme said that the role of micro enterprises is highly important for developing countries like Nepal. ', 'content' => '<p><span style="font-size:13px">November 6: Experts at an interaction programme said that the role of micro enterprises is highly important for developing countries like Nepal. </span></p> <p>Micro Enterprise and Development in Nepal (MEDIN) Summit-2017 jointly organized by Handong Global University, South Korea and School of Management, Tribhuvan University (SOMTU) in the capital on November 5 held discussions on different thematic areas of micro enterprises. The programme was sponsored by the Ministry of Education of South Korea, UNESCO and UNITWIN.</p> <p>The summit was organized with an aim to initiate and promote multi-stakeholder discussions among academic circles, public policy makers, civil society leaders, development institutes, entrepreneurs and development agencies. Similarly, the summit also showcased the best Nepali and international practices on microenterprise development in the context of socio-economic development of Nepal.</p> <p>Speaking at the function, Prof Kee-Seon Yoo, dean of School of Management and Economics and director of Joint International Education Program, Handong Global University, said that management knowledge and skills are important for managing social development of the country.</p> <p>Pushkar Bajracharya, professor emeritus at the Faculty of Management of TU, highlighted importance of business management education in every sector. </p> <p>Likewise, Dr Arhan Sthapit of the Faculty of Management at TU stated that local products from micro enterprises can uplift the economic development by using local knowledge and skills.</p> <p>Discussions were held on different thematic areas of micro enterprise such as the roles of micro enterprises in Nepal’s development efforts. Social innovation for sustainable development in Nepal, role of NGOs and INGOs and role of MBA programmes in Nepal’s development efforts were also discussed at the summit.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-06', 'modified' => '2017-11-06', 'keywords' => '', 'description' => '', 'sortorder' => '6622', 'image' => '20171106015836_IMG_0179.jpg', 'article_date' => '2017-11-06 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