November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers.…

November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers.…
November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in…
November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this…
November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online…
November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November…
November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB)…
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', 'content' => '<p>November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers. As per the agreement, customers of the cable car company are entitled to discounts while travelling via Turkish Airlines while the airlines’ customers will also get discount from the cable car company. </p> ', 'published' => true, 'created' => '2017-11-03', 'modified' => '2017-11-03', 'keywords' => '', 'description' => '', 'sortorder' => '6606', 'image' => null, 'article_date' => '2017-11-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6822', 'article_category_id' => '1', 'title' => 'Importers Hit Hard by Failure to Clear Goods from Kolkata Port', 'sub_title' => '', 'summary' => 'November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in India.', 'content' => '<p>November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in India. Currently, more than 2,500 containers are in queue, waiting for being loaded away from there.</p> <p>Importers in Nepal have been paying hefty fines to the harbour after failing to clear the containers in time due to problems in transporting them. The transportation of the goods has been affected by various hurdles that have ensued with the Indian Railways used for carrying the goods up to the Nepali border.</p> <p>Nepal extensively relies on Kolkata port for import and export of goods. Ashok Kumar Temani, coordinator of the road and transportation committee of the Federation of Nepalese Chambers of Commerce and Industry, said that the problem has been mounting due to the failure to address the issue since years.</p> <p>According to Temani, the containers have been stuck in Kolkata since a month. After unloading the containers, the shipping companies provide a maximum of 21 days’ time to clear the goods. However, the goods get stuck for a month at the harbor itself, say the entrepreneurs.</p> <p>“We have been facing such problems as our government is not serious about this issue,” said Temani.</p> <p>“Importers have been forced to pay a fine of up to Rs 300,000 for a single container,” he added. </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6605', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6821', 'article_category_id' => '1', 'title' => 'Number of Tourists up in Ghorepani and Poonhill', 'sub_title' => '', 'summary' => 'November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this season.', 'content' => '<p>November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this season.</p> <p>Located in the Annapurna Circuit, many tourists prefer these two places to the view of mountain ranges and sunrise from Ghorepani and Poonhill.</p> <p>Around 500 domestic and foreign tourists visit Poonhill, situated at an altitude of 3,210 meters from the sea level on a daily basis, on daily basis. With the start of autumn, the hotels at Ghorepani, which serves as an entrance to Poonhill, are getting packed.</p> <p>According to Ghodepani Tourist Police Station, 5,835 foreign tourists have entered Ghorepani till October 14 this year. There are 22 hotels and lodges providing services to the tourists at Ghorepani.</p> <p>Sushil Pun, vice-president of Ghorepani Hotel Management Sub-committee, said that the hotel entrepreneurs are expanding their capacity keeping in view the flow of tourists.</p> <p>Meanwhile, the locals in coordination with Annapurna Conservation Area Project (ACAP) have initiated a campaign for rhododendron conservation in the region. </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6604', 'image' => '20171102015443_ass.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6820', 'article_category_id' => '1', 'title' => 'Global IME Bank launches 3D secure service', 'sub_title' => '', 'summary' => 'November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online transactions.', 'content' => '<p>November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online transactions.</p> <p>Issuing a press statement, the bank said it is one of the first few banks that offers such service in Nepal.</p> <p>This service allows GIBL credit card holders to use their cards during online transactions and allow them to participate in verified by Visa process. The new value-added service by Global IME Bank is an extension of the banks mission to reiterate its commitment to its consumers to meet the needs of an ever-changing market in terms of security, technology, and financial solutions, according to the statement.</p> <p>“The few simple steps will enable cardholders to activate the new feature while performing first ecommerce transaction where customers need to enroll and set credentials for future usage. Subsequent online purchases will then be validated with additional layer of security for cardholder’s authentication. Global IME Bank in association with VISA has partnered with Izealiant Technologies for implementing this solution that provides flexibility to choose authentication types like password or OTP depending upon customer preference,” reads the statement.</p> <p>As a direct benefit, GIBL cardholders can now enjoy additional security for their online card usage on various ecommerce sites worldwide. The protective feature enables the bank to authenticate not only the card but also the cardholder during payment of internet purchases thus protecting their online transactions against theft and illegal use of cards, it stated. </p> <p>Janak Sharma Poudyal, Acting CEO at Global IME Bank said: “Our new 3D Secure Service for cardholders plays a significant role as it enhances security which is a critical aspect of any online business transaction. This along with our impressive card features ensures that we always meet the evolving security needs of our customers to give them a world class banking experience.”</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6603', 'image' => '20171102013636_Clipboard01.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6813', 'article_category_id' => '1', 'title' => 'NOC Rolls Back Price Hike of Petroleum Products', 'sub_title' => '', 'summary' => 'November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November 1.', 'content' => '<p>November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November 1.</p> <p>According to informed sources, the state-owned oil monopoly decided to revoke its decision to hike fuel prices upon the instructions of Prime Minister Sher Bahadur Deuba, who expressed his annoyance saying that the decision could impact the election results.</p> <p>NOC had earlier decided to hike the prices effective from Wednesday midnight. As per the instructions of PM Deuba, Minister for Supplies Jayant Chand instructed NOC to withdraw the price hike. NOC said that the petroleum products will now be available at the same old rates. </p> <p>NOC said it hiked the prices on November 1 to adjust with the price hike of crude oil in the international market. NOC had increased Rs 2 per litre on petrol, diesel and kerosene while it had raised the price of cooking gas (LPG) by Rs 25. According to NOC, the prime minister’s instruction to withdraw price hike will cause a loss of Rs 220 million.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6602', 'image' => '20171102125544_noc.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6814', 'article_category_id' => '1', 'title' => 'Business Environment Improves in Nepal: WB report', 'sub_title' => '', 'summary' => 'November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB) report.', 'content' => '<p>November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB) report.</p> <p>The 15th annual edition of Doing Business report published by the WB on October 31 has commended greater corporate transparency in Nepal during last year.</p> <p>According to the report, Nepal’s economy ranks third among South Asian countries in terms of business environment.</p> <p>“The region’s top ranked economies are Bhutan, in 75th place, India (100), and Nepal (105),” the report states.</p> <p>According to the report, South Asian economies carried out a record 20 business reforms in the past year, bringing to a total of 127 the number of reforms enacted in the region over the past 15 years.</p> <p>A major focus of reforms in the past year were in the area of protecting minority investors, with half of the region’s eight economies implementing measures to strengthen protections for minority shareholders.</p> <p>“The reforms included enhanced remedies to address cases of prejudicial transactions between interested parties in India; rules to clarify ownership and control structures in Bhutan; greater corporate transparency in Nepal; and facilitating legal action against directors in case of prejudicial transactions with interested parties in Pakistan,” the report states.</p> <p> “With three-quarters of regional economies making positive reforms, it’s no surprise that this is a record year for regional reforms. India, as the largest economy in the region, is leading by example with its eight reforms,” said Rita Ramalho, acting director of the World Bank’s Global Indicators Group, which produces the report Doing Business 2018: Reforming to Create Jobs.</p> <p> Other reforms in India also included the creation of an online single window system to enhance the process of dealing with construction permits; consolidating forms for starting a business; and reducing paperwork for paying taxes; and introduction of new insolvency and bankruptcy code to make resolving insolvency easier, the reports states.</p> <p> Bhutan, the region’s top-ranked economy, also implemented four reforms to make it easier to register a new business, improve access to credit, and enhance the enforcement of contracts.</p> <p> The report says that the region’s economies perform well in the doing business areas of ‘protecting minority investors’ and ‘staring a business’. Registering a new business, for example, takes an average of 15.5 days, which is faster than the current global average of 20 days, and a significant improvement over the 50 days it took to start a business in the region 15 years ago.</p> <p>The region lags in areas such as registering property and resolving insolvency. It takes an average of 112 days to register property in South Asia, compared with the global average of 49.5 days. And, creditors for resolving insolvency recover about one-third of the property value, which is less than half of the recovery rate of 71.2 percent in OECD high-income economies.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6601', 'image' => '20171102125646_wb.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6816', 'article_category_id' => '1', 'title' => 'Nabil Bank launches ViberBanking', 'sub_title' => '', 'summary' => 'November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. ', 'content' => '<p>November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. Issuing a press statement, Nabil Bank said that ViberBanking is a chat-bot enabled service integrated with the public account of the bank on Viber.</p> <p>“A chat-bot is a service powered by rules and artificial intelligence that one interacts with via a chat interface of Viber. By using Nabil ViberBanking, customers of the Bank can access their bank account and perform various activities such as check account balance, mini-statement, check account details, make exchange rate/interest rate queries, etc,” reads the statement.</p> <p>Nabil ViberBanking customers can also obtain the latest news/notices, information about the bank’s branches and ATM locations, banking hour information, information about products/promotions being offered by the bank. Customers can register themselves for this service through the public account of Nabil Bank available on Viber. </p> <p>"This service is a milestone in Nepali banking sector which will help promote digital banking to the next level by facilitating online access to customers' accounts enabling them to have their bank on their finger tips," said CEO of Nabil Bank, Sashin Joshi.</p> <p>During FY 2016/17, Nabil Bank said it was successful in posting the highest profit in the industry at Rs 3.613 billion on a balance sheet size of Rs 140.33 billion with Return of Equity (ROE) of 26.65% and Earning Per Share (EPS) of Rs 58.41. The Bank has distributed 48% (30% bonus + 18% cash) for the year. The Bank has also earned a net profit of Rs 851 million in the first quarter under the current fiscal year 2017/18.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6600', 'image' => 'Nabil Bank on Rakuten Viber 01-01.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6817', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Opens Branch in Pathari', 'sub_title' => '', 'summary' => 'November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang.', 'content' => '<p>November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang. The municipality’s Mayor Dilip Kumar Rai inaugurated the branch amid a function on November 1.</p> <p>NIC ASIA Bank claimed that it is one of the largest private commercial banks in the country in terms of capital base, balance-sheet size, customer base, number of branches and ATM network. With the formal inauguration of the Pathari branch, the bank is currently providing services to its customers through 133 branches and 141 ATM counters, spread all over the country.</p> <p>The bank said it has a strategy to reach every possible market for better service to its customers. <a name="_GoBack"></a></p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6599', 'image' => 'image001.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6818', 'article_category_id' => '1', 'title' => 'Balaju Autoworks Starts Mobile Service for Mahindra Vehicles', 'sub_title' => '', 'summary' => 'November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra vehicles.', 'content' => '<p>November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra vehicles. Issuing a statement, the company said if any Mahindra vehicle breaks down, the mechanic team will reach the spot and repair it. “The service is available in Kathmandu valley at the moment and will be expanded to other major cities of Nepal in the near future,” the statement added.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6598', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6815', 'article_category_id' => '1', 'title' => 'OPPO Announces Sidharth Malhotra as New Brand Ambassador', 'sub_title' => '', 'summary' => 'November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand ambassador.', 'content' => '<p>November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand ambassador.</p> <p>Issuing a press statement, the company said that Sidharth Malhotra is a well renowned and uprising movie star in Indian film industry. OPPO said it is also incorporating with one of the most influential diva and film star, Deepika Padukone as its female brand ambassador.</p> <p>OPPO is on the verge of launching its all new Selfie Expert and leader "OPPO F5" in the Nepali market, the statement said. OPPO F5 is said to be launched in mid-November in Nepal. For F5's promotion, OPPO is running various campaigns in its official social media pages such as Facebook, Twitter, Instagram etc. </p> <p>OPPO Nepal had held a social media campaign "Guess the ambassador" to indulge its fans in its campaign. OPPO announced its male brand ambassador on October 29, launching a video of the renowned actor. Pravina Shrestha has been declared the winner of "Guess the Ambassador" campaign.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6597', 'image' => '20171102124506_Sidharth malhotra.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6819', 'article_category_id' => '1', 'title' => 'Himalayan Bank Announces Bonus Share and Cash Dividend', 'sub_title' => '', 'summary' => 'November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.', 'content' => '<p style="text-align:justify">November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.</p> <p style="text-align:justify">Issuing a press statement, the bank said its board meeting held on October 31 has decided to provide 25 percent bonus share and 1.3158 percent cash dividend (for tax purpose) to its shareholders from the profit of fiscal year 2016/17.</p> <p style="text-align:justify">This decision is subject to the approval of the upcoming 25<sup>th</sup> Annual General Meeting and Nepal Rastra Bank, the bank said in as statement.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6596', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6812', 'article_category_id' => '1', 'title' => 'Infrastructure Development a Must: Tourism Entrepreneurs', 'sub_title' => '', 'summary' => 'November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of tourism.', 'content' => '<p>November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of tourism.</p> <p>They urged the government to develop basic infrastructures of the nation, which will help in the overall development of the tourism sector.</p> <p>Speaking at a program organised in Kathmandu on Tuesday, they said that there is a huge potential of tourism in the country, but the negligence on part of the government has hit tourism entrepreneurs hard.</p> <p>The program was organised by Hotel Association of Nepal (HAN). According to Amar Man Shakya, president of HAN, the private sector is ready to invest in this tourism.</p> <p>“All the state-owned bodies like Nepal Airlines Corporation (NAC), Tribhuvan International Airport (TIA), and other agencies should work together with private sector to develop tourism industry,” he said.</p> <p>Similarly, Lilamani Pokhrel, a Maoist Centre leader, said that the flow of remittance to the country will not help the country’s economy in the long run. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6595', 'image' => null, 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6811', 'article_category_id' => '1', 'title' => 'Garima Opens Four Branches', 'sub_title' => '', 'summary' => 'November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country. ', 'content' => '<p>November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country. The new branches have been opened at Kapilbastu’s Chandrauta, Rupandehi’s Farsatikar, Khaireni and Manigram, reads a statement issued by the bank. The bank now has a total of 49 branches across the country, informed the bank’s CEO Govinda Prasad Dhakal.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6594', 'image' => '20171101015630_garima.jpg', 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6810', 'article_category_id' => '1', 'title' => 'Gurans Launches New Insurance Policy', 'sub_title' => '', 'summary' => 'November 1: Gurans Life Insurance Company has launched a new insurance scheme.', 'content' => '<p>November 1: Gurans Life Insurance Company has launched a new insurance scheme. The company announced the launch of ‘Gurans secured future life insurance scheme’ amid a function organised in Godavari, Lalitpur on Tuesday, October 31. Chief guest Deepak Nepal as well as the company’s board members Apachkumar Yadav, Shiva Bahadur Shrestha, Meghraj Poudel and Shambhu Prasad Subedi jointly unveiled the scheme during the function.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6593', 'image' => null, 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6809', 'article_category_id' => '1', 'title' => 'Tinau, Surya Sign Bancasurrance Agreement', 'sub_title' => '', 'summary' => 'November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance service.', 'content' => '<p>November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance service. As per the agreement, the bank’s customers can purchase insurance policies of Surya Life Insurance from any branch of the bank. The bank’s CEO Pradeep Kumar Shrestha and Surya Life Insurance CEO Shivanath Pandey signed the agreement on Monday, October 30, reads a press statement issued by the bank. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6592', 'image' => '20171101015522_tinau.jpg', 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $cat_id = '1' $categoryTitle = array( 'ArticleCategory' => array( 'id' => '1', 'name' => 'NEWS', 'parentOf' => '0', 'published' => true, 'registered' => '2015-07-20 00:00:00', 'sortorder' => '158', 'del_flag' => '0', 'homepage' => true, 'display_in_menu' => true, 'user_id' => '1', 'created' => '0000-00-00 00:00:00', 'modified' => '2018-11-22 11:58:49' ) ) $article = array( 'Article' => array( 'id' => '6816', 'article_category_id' => '1', 'title' => 'Nabil Bank launches ViberBanking', 'sub_title' => '', 'summary' => 'November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. ', 'content' => '<p>November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. Issuing a press statement, Nabil Bank said that ViberBanking is a chat-bot enabled service integrated with the public account of the bank on Viber.</p> <p>“A chat-bot is a service powered by rules and artificial intelligence that one interacts with via a chat interface of Viber. By using Nabil ViberBanking, customers of the Bank can access their bank account and perform various activities such as check account balance, mini-statement, check account details, make exchange rate/interest rate queries, etc,” reads the statement.</p> <p>Nabil ViberBanking customers can also obtain the latest news/notices, information about the bank’s branches and ATM locations, banking hour information, information about products/promotions being offered by the bank. Customers can register themselves for this service through the public account of Nabil Bank available on Viber. </p> <p>"This service is a milestone in Nepali banking sector which will help promote digital banking to the next level by facilitating online access to customers' accounts enabling them to have their bank on their finger tips," said CEO of Nabil Bank, Sashin Joshi.</p> <p>During FY 2016/17, Nabil Bank said it was successful in posting the highest profit in the industry at Rs 3.613 billion on a balance sheet size of Rs 140.33 billion with Return of Equity (ROE) of 26.65% and Earning Per Share (EPS) of Rs 58.41. The Bank has distributed 48% (30% bonus + 18% cash) for the year. The Bank has also earned a net profit of Rs 851 million in the first quarter under the current fiscal year 2017/18.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6600', 'image' => 'Nabil Bank on Rakuten Viber 01-01.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) $width = (int) 400 $height = (int) 400 $ratio = (int) 1 $img_width = (int) 280 $img_height = (float) 280 $date = '2017-11-02 00:00:00' $dateFromDatabase = (int) 1509560100 $dateTwentyforHoursAgo = (int) 1745866214 $today = '2025-04-30 12:35:14am' $today2 = (int) 1745952614 $newDate = 'Nov 02, 2017' $commentCount = (int) 0 $word_count = (int) 508 $time_to_read = (float) 2.54 $time_to_read_min = (float) 2 $time_to_read_second = (float) 32getimagesize - [internal], line ?? include - APP/View/Articles/index.ctp, line 35 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/index.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' => '6824', 'article_category_id' => '1', 'title' => 'Chandragiri Cable Car signs Agreement with Turkish Airlines', 'sub_title' => '', 'summary' => 'November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers. ', 'content' => '<p>November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers. As per the agreement, customers of the cable car company are entitled to discounts while travelling via Turkish Airlines while the airlines’ customers will also get discount from the cable car company. </p> ', 'published' => true, 'created' => '2017-11-03', 'modified' => '2017-11-03', 'keywords' => '', 'description' => '', 'sortorder' => '6606', 'image' => null, 'article_date' => '2017-11-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6822', 'article_category_id' => '1', 'title' => 'Importers Hit Hard by Failure to Clear Goods from Kolkata Port', 'sub_title' => '', 'summary' => 'November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in India.', 'content' => '<p>November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in India. Currently, more than 2,500 containers are in queue, waiting for being loaded away from there.</p> <p>Importers in Nepal have been paying hefty fines to the harbour after failing to clear the containers in time due to problems in transporting them. The transportation of the goods has been affected by various hurdles that have ensued with the Indian Railways used for carrying the goods up to the Nepali border.</p> <p>Nepal extensively relies on Kolkata port for import and export of goods. Ashok Kumar Temani, coordinator of the road and transportation committee of the Federation of Nepalese Chambers of Commerce and Industry, said that the problem has been mounting due to the failure to address the issue since years.</p> <p>According to Temani, the containers have been stuck in Kolkata since a month. After unloading the containers, the shipping companies provide a maximum of 21 days’ time to clear the goods. However, the goods get stuck for a month at the harbor itself, say the entrepreneurs.</p> <p>“We have been facing such problems as our government is not serious about this issue,” said Temani.</p> <p>“Importers have been forced to pay a fine of up to Rs 300,000 for a single container,” he added. </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6605', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6821', 'article_category_id' => '1', 'title' => 'Number of Tourists up in Ghorepani and Poonhill', 'sub_title' => '', 'summary' => 'November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this season.', 'content' => '<p>November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this season.</p> <p>Located in the Annapurna Circuit, many tourists prefer these two places to the view of mountain ranges and sunrise from Ghorepani and Poonhill.</p> <p>Around 500 domestic and foreign tourists visit Poonhill, situated at an altitude of 3,210 meters from the sea level on a daily basis, on daily basis. With the start of autumn, the hotels at Ghorepani, which serves as an entrance to Poonhill, are getting packed.</p> <p>According to Ghodepani Tourist Police Station, 5,835 foreign tourists have entered Ghorepani till October 14 this year. There are 22 hotels and lodges providing services to the tourists at Ghorepani.</p> <p>Sushil Pun, vice-president of Ghorepani Hotel Management Sub-committee, said that the hotel entrepreneurs are expanding their capacity keeping in view the flow of tourists.</p> <p>Meanwhile, the locals in coordination with Annapurna Conservation Area Project (ACAP) have initiated a campaign for rhododendron conservation in the region. </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6604', 'image' => '20171102015443_ass.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6820', 'article_category_id' => '1', 'title' => 'Global IME Bank launches 3D secure service', 'sub_title' => '', 'summary' => 'November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online transactions.', 'content' => '<p>November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online transactions.</p> <p>Issuing a press statement, the bank said it is one of the first few banks that offers such service in Nepal.</p> <p>This service allows GIBL credit card holders to use their cards during online transactions and allow them to participate in verified by Visa process. The new value-added service by Global IME Bank is an extension of the banks mission to reiterate its commitment to its consumers to meet the needs of an ever-changing market in terms of security, technology, and financial solutions, according to the statement.</p> <p>“The few simple steps will enable cardholders to activate the new feature while performing first ecommerce transaction where customers need to enroll and set credentials for future usage. Subsequent online purchases will then be validated with additional layer of security for cardholder’s authentication. Global IME Bank in association with VISA has partnered with Izealiant Technologies for implementing this solution that provides flexibility to choose authentication types like password or OTP depending upon customer preference,” reads the statement.</p> <p>As a direct benefit, GIBL cardholders can now enjoy additional security for their online card usage on various ecommerce sites worldwide. The protective feature enables the bank to authenticate not only the card but also the cardholder during payment of internet purchases thus protecting their online transactions against theft and illegal use of cards, it stated. </p> <p>Janak Sharma Poudyal, Acting CEO at Global IME Bank said: “Our new 3D Secure Service for cardholders plays a significant role as it enhances security which is a critical aspect of any online business transaction. This along with our impressive card features ensures that we always meet the evolving security needs of our customers to give them a world class banking experience.”</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6603', 'image' => '20171102013636_Clipboard01.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6813', 'article_category_id' => '1', 'title' => 'NOC Rolls Back Price Hike of Petroleum Products', 'sub_title' => '', 'summary' => 'November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November 1.', 'content' => '<p>November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November 1.</p> <p>According to informed sources, the state-owned oil monopoly decided to revoke its decision to hike fuel prices upon the instructions of Prime Minister Sher Bahadur Deuba, who expressed his annoyance saying that the decision could impact the election results.</p> <p>NOC had earlier decided to hike the prices effective from Wednesday midnight. As per the instructions of PM Deuba, Minister for Supplies Jayant Chand instructed NOC to withdraw the price hike. NOC said that the petroleum products will now be available at the same old rates. </p> <p>NOC said it hiked the prices on November 1 to adjust with the price hike of crude oil in the international market. NOC had increased Rs 2 per litre on petrol, diesel and kerosene while it had raised the price of cooking gas (LPG) by Rs 25. According to NOC, the prime minister’s instruction to withdraw price hike will cause a loss of Rs 220 million.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6602', 'image' => '20171102125544_noc.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6814', 'article_category_id' => '1', 'title' => 'Business Environment Improves in Nepal: WB report', 'sub_title' => '', 'summary' => 'November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB) report.', 'content' => '<p>November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB) report.</p> <p>The 15th annual edition of Doing Business report published by the WB on October 31 has commended greater corporate transparency in Nepal during last year.</p> <p>According to the report, Nepal’s economy ranks third among South Asian countries in terms of business environment.</p> <p>“The region’s top ranked economies are Bhutan, in 75th place, India (100), and Nepal (105),” the report states.</p> <p>According to the report, South Asian economies carried out a record 20 business reforms in the past year, bringing to a total of 127 the number of reforms enacted in the region over the past 15 years.</p> <p>A major focus of reforms in the past year were in the area of protecting minority investors, with half of the region’s eight economies implementing measures to strengthen protections for minority shareholders.</p> <p>“The reforms included enhanced remedies to address cases of prejudicial transactions between interested parties in India; rules to clarify ownership and control structures in Bhutan; greater corporate transparency in Nepal; and facilitating legal action against directors in case of prejudicial transactions with interested parties in Pakistan,” the report states.</p> <p> “With three-quarters of regional economies making positive reforms, it’s no surprise that this is a record year for regional reforms. India, as the largest economy in the region, is leading by example with its eight reforms,” said Rita Ramalho, acting director of the World Bank’s Global Indicators Group, which produces the report Doing Business 2018: Reforming to Create Jobs.</p> <p> Other reforms in India also included the creation of an online single window system to enhance the process of dealing with construction permits; consolidating forms for starting a business; and reducing paperwork for paying taxes; and introduction of new insolvency and bankruptcy code to make resolving insolvency easier, the reports states.</p> <p> Bhutan, the region’s top-ranked economy, also implemented four reforms to make it easier to register a new business, improve access to credit, and enhance the enforcement of contracts.</p> <p> The report says that the region’s economies perform well in the doing business areas of ‘protecting minority investors’ and ‘staring a business’. Registering a new business, for example, takes an average of 15.5 days, which is faster than the current global average of 20 days, and a significant improvement over the 50 days it took to start a business in the region 15 years ago.</p> <p>The region lags in areas such as registering property and resolving insolvency. It takes an average of 112 days to register property in South Asia, compared with the global average of 49.5 days. And, creditors for resolving insolvency recover about one-third of the property value, which is less than half of the recovery rate of 71.2 percent in OECD high-income economies.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6601', 'image' => '20171102125646_wb.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6816', 'article_category_id' => '1', 'title' => 'Nabil Bank launches ViberBanking', 'sub_title' => '', 'summary' => 'November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. ', 'content' => '<p>November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. Issuing a press statement, Nabil Bank said that ViberBanking is a chat-bot enabled service integrated with the public account of the bank on Viber.</p> <p>“A chat-bot is a service powered by rules and artificial intelligence that one interacts with via a chat interface of Viber. By using Nabil ViberBanking, customers of the Bank can access their bank account and perform various activities such as check account balance, mini-statement, check account details, make exchange rate/interest rate queries, etc,” reads the statement.</p> <p>Nabil ViberBanking customers can also obtain the latest news/notices, information about the bank’s branches and ATM locations, banking hour information, information about products/promotions being offered by the bank. Customers can register themselves for this service through the public account of Nabil Bank available on Viber. </p> <p>"This service is a milestone in Nepali banking sector which will help promote digital banking to the next level by facilitating online access to customers' accounts enabling them to have their bank on their finger tips," said CEO of Nabil Bank, Sashin Joshi.</p> <p>During FY 2016/17, Nabil Bank said it was successful in posting the highest profit in the industry at Rs 3.613 billion on a balance sheet size of Rs 140.33 billion with Return of Equity (ROE) of 26.65% and Earning Per Share (EPS) of Rs 58.41. The Bank has distributed 48% (30% bonus + 18% cash) for the year. The Bank has also earned a net profit of Rs 851 million in the first quarter under the current fiscal year 2017/18.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6600', 'image' => 'Nabil Bank on Rakuten Viber 01-01.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6817', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Opens Branch in Pathari', 'sub_title' => '', 'summary' => 'November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang.', 'content' => '<p>November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang. The municipality’s Mayor Dilip Kumar Rai inaugurated the branch amid a function on November 1.</p> <p>NIC ASIA Bank claimed that it is one of the largest private commercial banks in the country in terms of capital base, balance-sheet size, customer base, number of branches and ATM network. With the formal inauguration of the Pathari branch, the bank is currently providing services to its customers through 133 branches and 141 ATM counters, spread all over the country.</p> <p>The bank said it has a strategy to reach every possible market for better service to its customers. <a name="_GoBack"></a></p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6599', 'image' => 'image001.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6818', 'article_category_id' => '1', 'title' => 'Balaju Autoworks Starts Mobile Service for Mahindra Vehicles', 'sub_title' => '', 'summary' => 'November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra vehicles.', 'content' => '<p>November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra vehicles. Issuing a statement, the company said if any Mahindra vehicle breaks down, the mechanic team will reach the spot and repair it. “The service is available in Kathmandu valley at the moment and will be expanded to other major cities of Nepal in the near future,” the statement added.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6598', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6815', 'article_category_id' => '1', 'title' => 'OPPO Announces Sidharth Malhotra as New Brand Ambassador', 'sub_title' => '', 'summary' => 'November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand ambassador.', 'content' => '<p>November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand ambassador.</p> <p>Issuing a press statement, the company said that Sidharth Malhotra is a well renowned and uprising movie star in Indian film industry. OPPO said it is also incorporating with one of the most influential diva and film star, Deepika Padukone as its female brand ambassador.</p> <p>OPPO is on the verge of launching its all new Selfie Expert and leader "OPPO F5" in the Nepali market, the statement said. OPPO F5 is said to be launched in mid-November in Nepal. For F5's promotion, OPPO is running various campaigns in its official social media pages such as Facebook, Twitter, Instagram etc. </p> <p>OPPO Nepal had held a social media campaign "Guess the ambassador" to indulge its fans in its campaign. OPPO announced its male brand ambassador on October 29, launching a video of the renowned actor. Pravina Shrestha has been declared the winner of "Guess the Ambassador" campaign.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6597', 'image' => '20171102124506_Sidharth malhotra.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6819', 'article_category_id' => '1', 'title' => 'Himalayan Bank Announces Bonus Share and Cash Dividend', 'sub_title' => '', 'summary' => 'November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.', 'content' => '<p style="text-align:justify">November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.</p> <p style="text-align:justify">Issuing a press statement, the bank said its board meeting held on October 31 has decided to provide 25 percent bonus share and 1.3158 percent cash dividend (for tax purpose) to its shareholders from the profit of fiscal year 2016/17.</p> <p style="text-align:justify">This decision is subject to the approval of the upcoming 25<sup>th</sup> Annual General Meeting and Nepal Rastra Bank, the bank said in as statement.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6596', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6812', 'article_category_id' => '1', 'title' => 'Infrastructure Development a Must: Tourism Entrepreneurs', 'sub_title' => '', 'summary' => 'November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of tourism.', 'content' => '<p>November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of tourism.</p> <p>They urged the government to develop basic infrastructures of the nation, which will help in the overall development of the tourism sector.</p> <p>Speaking at a program organised in Kathmandu on Tuesday, they said that there is a huge potential of tourism in the country, but the negligence on part of the government has hit tourism entrepreneurs hard.</p> <p>The program was organised by Hotel Association of Nepal (HAN). According to Amar Man Shakya, president of HAN, the private sector is ready to invest in this tourism.</p> <p>“All the state-owned bodies like Nepal Airlines Corporation (NAC), Tribhuvan International Airport (TIA), and other agencies should work together with private sector to develop tourism industry,” he said.</p> <p>Similarly, Lilamani Pokhrel, a Maoist Centre leader, said that the flow of remittance to the country will not help the country’s economy in the long run. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6595', 'image' => null, 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6811', 'article_category_id' => '1', 'title' => 'Garima Opens Four Branches', 'sub_title' => '', 'summary' => 'November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country. ', 'content' => '<p>November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country. The new branches have been opened at Kapilbastu’s Chandrauta, Rupandehi’s Farsatikar, Khaireni and Manigram, reads a statement issued by the bank. The bank now has a total of 49 branches across the country, informed the bank’s CEO Govinda Prasad Dhakal.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6594', 'image' => '20171101015630_garima.jpg', 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6810', 'article_category_id' => '1', 'title' => 'Gurans Launches New Insurance Policy', 'sub_title' => '', 'summary' => 'November 1: Gurans Life Insurance Company has launched a new insurance scheme.', 'content' => '<p>November 1: Gurans Life Insurance Company has launched a new insurance scheme. The company announced the launch of ‘Gurans secured future life insurance scheme’ amid a function organised in Godavari, Lalitpur on Tuesday, October 31. Chief guest Deepak Nepal as well as the company’s board members Apachkumar Yadav, Shiva Bahadur Shrestha, Meghraj Poudel and Shambhu Prasad Subedi jointly unveiled the scheme during the function.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6593', 'image' => null, 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6809', 'article_category_id' => '1', 'title' => 'Tinau, Surya Sign Bancasurrance Agreement', 'sub_title' => '', 'summary' => 'November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance service.', 'content' => '<p>November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance service. As per the agreement, the bank’s customers can purchase insurance policies of Surya Life Insurance from any branch of the bank. The bank’s CEO Pradeep Kumar Shrestha and Surya Life Insurance CEO Shivanath Pandey signed the agreement on Monday, October 30, reads a press statement issued by the bank. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6592', 'image' => '20171101015522_tinau.jpg', 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $cat_id = '1' $categoryTitle = array( 'ArticleCategory' => array( 'id' => '1', 'name' => 'NEWS', 'parentOf' => '0', 'published' => true, 'registered' => '2015-07-20 00:00:00', 'sortorder' => '158', 'del_flag' => '0', 'homepage' => true, 'display_in_menu' => true, 'user_id' => '1', 'created' => '0000-00-00 00:00:00', 'modified' => '2018-11-22 11:58:49' ) ) $article = array( 'Article' => array( 'id' => '6816', 'article_category_id' => '1', 'title' => 'Nabil Bank launches ViberBanking', 'sub_title' => '', 'summary' => 'November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. ', 'content' => '<p>November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. Issuing a press statement, Nabil Bank said that ViberBanking is a chat-bot enabled service integrated with the public account of the bank on Viber.</p> <p>“A chat-bot is a service powered by rules and artificial intelligence that one interacts with via a chat interface of Viber. By using Nabil ViberBanking, customers of the Bank can access their bank account and perform various activities such as check account balance, mini-statement, check account details, make exchange rate/interest rate queries, etc,” reads the statement.</p> <p>Nabil ViberBanking customers can also obtain the latest news/notices, information about the bank’s branches and ATM locations, banking hour information, information about products/promotions being offered by the bank. Customers can register themselves for this service through the public account of Nabil Bank available on Viber. </p> <p>"This service is a milestone in Nepali banking sector which will help promote digital banking to the next level by facilitating online access to customers' accounts enabling them to have their bank on their finger tips," said CEO of Nabil Bank, Sashin Joshi.</p> <p>During FY 2016/17, Nabil Bank said it was successful in posting the highest profit in the industry at Rs 3.613 billion on a balance sheet size of Rs 140.33 billion with Return of Equity (ROE) of 26.65% and Earning Per Share (EPS) of Rs 58.41. The Bank has distributed 48% (30% bonus + 18% cash) for the year. The Bank has also earned a net profit of Rs 851 million in the first quarter under the current fiscal year 2017/18.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6600', 'image' => 'Nabil Bank on Rakuten Viber 01-01.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) $width = null $height = null $ratio = (int) 1 $img_width = (int) 280 $img_height = (float) 280 $date = '2017-11-02 00:00:00' $dateFromDatabase = (int) 1509560100 $dateTwentyforHoursAgo = (int) 1745866214 $today = '2025-04-30 12:35:14am' $today2 = (int) 1745952614 $newDate = 'Nov 02, 2017' $commentCount = (int) 0 $word_count = (int) 508 $time_to_read = (float) 2.54 $time_to_read_min = (float) 2 $time_to_read_second = (float) 32include - APP/View/Articles/index.ctp, line 36 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal.…
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/index.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' => '6824', 'article_category_id' => '1', 'title' => 'Chandragiri Cable Car signs Agreement with Turkish Airlines', 'sub_title' => '', 'summary' => 'November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers. ', 'content' => '<p>November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers. As per the agreement, customers of the cable car company are entitled to discounts while travelling via Turkish Airlines while the airlines’ customers will also get discount from the cable car company. </p> ', 'published' => true, 'created' => '2017-11-03', 'modified' => '2017-11-03', 'keywords' => '', 'description' => '', 'sortorder' => '6606', 'image' => null, 'article_date' => '2017-11-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6822', 'article_category_id' => '1', 'title' => 'Importers Hit Hard by Failure to Clear Goods from Kolkata Port', 'sub_title' => '', 'summary' => 'November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in India.', 'content' => '<p>November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in India. Currently, more than 2,500 containers are in queue, waiting for being loaded away from there.</p> <p>Importers in Nepal have been paying hefty fines to the harbour after failing to clear the containers in time due to problems in transporting them. The transportation of the goods has been affected by various hurdles that have ensued with the Indian Railways used for carrying the goods up to the Nepali border.</p> <p>Nepal extensively relies on Kolkata port for import and export of goods. Ashok Kumar Temani, coordinator of the road and transportation committee of the Federation of Nepalese Chambers of Commerce and Industry, said that the problem has been mounting due to the failure to address the issue since years.</p> <p>According to Temani, the containers have been stuck in Kolkata since a month. After unloading the containers, the shipping companies provide a maximum of 21 days’ time to clear the goods. However, the goods get stuck for a month at the harbor itself, say the entrepreneurs.</p> <p>“We have been facing such problems as our government is not serious about this issue,” said Temani.</p> <p>“Importers have been forced to pay a fine of up to Rs 300,000 for a single container,” he added. </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6605', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6821', 'article_category_id' => '1', 'title' => 'Number of Tourists up in Ghorepani and Poonhill', 'sub_title' => '', 'summary' => 'November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this season.', 'content' => '<p>November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this season.</p> <p>Located in the Annapurna Circuit, many tourists prefer these two places to the view of mountain ranges and sunrise from Ghorepani and Poonhill.</p> <p>Around 500 domestic and foreign tourists visit Poonhill, situated at an altitude of 3,210 meters from the sea level on a daily basis, on daily basis. With the start of autumn, the hotels at Ghorepani, which serves as an entrance to Poonhill, are getting packed.</p> <p>According to Ghodepani Tourist Police Station, 5,835 foreign tourists have entered Ghorepani till October 14 this year. There are 22 hotels and lodges providing services to the tourists at Ghorepani.</p> <p>Sushil Pun, vice-president of Ghorepani Hotel Management Sub-committee, said that the hotel entrepreneurs are expanding their capacity keeping in view the flow of tourists.</p> <p>Meanwhile, the locals in coordination with Annapurna Conservation Area Project (ACAP) have initiated a campaign for rhododendron conservation in the region. </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6604', 'image' => '20171102015443_ass.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6820', 'article_category_id' => '1', 'title' => 'Global IME Bank launches 3D secure service', 'sub_title' => '', 'summary' => 'November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online transactions.', 'content' => '<p>November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online transactions.</p> <p>Issuing a press statement, the bank said it is one of the first few banks that offers such service in Nepal.</p> <p>This service allows GIBL credit card holders to use their cards during online transactions and allow them to participate in verified by Visa process. The new value-added service by Global IME Bank is an extension of the banks mission to reiterate its commitment to its consumers to meet the needs of an ever-changing market in terms of security, technology, and financial solutions, according to the statement.</p> <p>“The few simple steps will enable cardholders to activate the new feature while performing first ecommerce transaction where customers need to enroll and set credentials for future usage. Subsequent online purchases will then be validated with additional layer of security for cardholder’s authentication. Global IME Bank in association with VISA has partnered with Izealiant Technologies for implementing this solution that provides flexibility to choose authentication types like password or OTP depending upon customer preference,” reads the statement.</p> <p>As a direct benefit, GIBL cardholders can now enjoy additional security for their online card usage on various ecommerce sites worldwide. The protective feature enables the bank to authenticate not only the card but also the cardholder during payment of internet purchases thus protecting their online transactions against theft and illegal use of cards, it stated. </p> <p>Janak Sharma Poudyal, Acting CEO at Global IME Bank said: “Our new 3D Secure Service for cardholders plays a significant role as it enhances security which is a critical aspect of any online business transaction. This along with our impressive card features ensures that we always meet the evolving security needs of our customers to give them a world class banking experience.”</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6603', 'image' => '20171102013636_Clipboard01.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6813', 'article_category_id' => '1', 'title' => 'NOC Rolls Back Price Hike of Petroleum Products', 'sub_title' => '', 'summary' => 'November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November 1.', 'content' => '<p>November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November 1.</p> <p>According to informed sources, the state-owned oil monopoly decided to revoke its decision to hike fuel prices upon the instructions of Prime Minister Sher Bahadur Deuba, who expressed his annoyance saying that the decision could impact the election results.</p> <p>NOC had earlier decided to hike the prices effective from Wednesday midnight. As per the instructions of PM Deuba, Minister for Supplies Jayant Chand instructed NOC to withdraw the price hike. NOC said that the petroleum products will now be available at the same old rates. </p> <p>NOC said it hiked the prices on November 1 to adjust with the price hike of crude oil in the international market. NOC had increased Rs 2 per litre on petrol, diesel and kerosene while it had raised the price of cooking gas (LPG) by Rs 25. According to NOC, the prime minister’s instruction to withdraw price hike will cause a loss of Rs 220 million.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6602', 'image' => '20171102125544_noc.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6814', 'article_category_id' => '1', 'title' => 'Business Environment Improves in Nepal: WB report', 'sub_title' => '', 'summary' => 'November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB) report.', 'content' => '<p>November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB) report.</p> <p>The 15th annual edition of Doing Business report published by the WB on October 31 has commended greater corporate transparency in Nepal during last year.</p> <p>According to the report, Nepal’s economy ranks third among South Asian countries in terms of business environment.</p> <p>“The region’s top ranked economies are Bhutan, in 75th place, India (100), and Nepal (105),” the report states.</p> <p>According to the report, South Asian economies carried out a record 20 business reforms in the past year, bringing to a total of 127 the number of reforms enacted in the region over the past 15 years.</p> <p>A major focus of reforms in the past year were in the area of protecting minority investors, with half of the region’s eight economies implementing measures to strengthen protections for minority shareholders.</p> <p>“The reforms included enhanced remedies to address cases of prejudicial transactions between interested parties in India; rules to clarify ownership and control structures in Bhutan; greater corporate transparency in Nepal; and facilitating legal action against directors in case of prejudicial transactions with interested parties in Pakistan,” the report states.</p> <p> “With three-quarters of regional economies making positive reforms, it’s no surprise that this is a record year for regional reforms. India, as the largest economy in the region, is leading by example with its eight reforms,” said Rita Ramalho, acting director of the World Bank’s Global Indicators Group, which produces the report Doing Business 2018: Reforming to Create Jobs.</p> <p> Other reforms in India also included the creation of an online single window system to enhance the process of dealing with construction permits; consolidating forms for starting a business; and reducing paperwork for paying taxes; and introduction of new insolvency and bankruptcy code to make resolving insolvency easier, the reports states.</p> <p> Bhutan, the region’s top-ranked economy, also implemented four reforms to make it easier to register a new business, improve access to credit, and enhance the enforcement of contracts.</p> <p> The report says that the region’s economies perform well in the doing business areas of ‘protecting minority investors’ and ‘staring a business’. Registering a new business, for example, takes an average of 15.5 days, which is faster than the current global average of 20 days, and a significant improvement over the 50 days it took to start a business in the region 15 years ago.</p> <p>The region lags in areas such as registering property and resolving insolvency. It takes an average of 112 days to register property in South Asia, compared with the global average of 49.5 days. And, creditors for resolving insolvency recover about one-third of the property value, which is less than half of the recovery rate of 71.2 percent in OECD high-income economies.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6601', 'image' => '20171102125646_wb.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6816', 'article_category_id' => '1', 'title' => 'Nabil Bank launches ViberBanking', 'sub_title' => '', 'summary' => 'November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. ', 'content' => '<p>November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. Issuing a press statement, Nabil Bank said that ViberBanking is a chat-bot enabled service integrated with the public account of the bank on Viber.</p> <p>“A chat-bot is a service powered by rules and artificial intelligence that one interacts with via a chat interface of Viber. By using Nabil ViberBanking, customers of the Bank can access their bank account and perform various activities such as check account balance, mini-statement, check account details, make exchange rate/interest rate queries, etc,” reads the statement.</p> <p>Nabil ViberBanking customers can also obtain the latest news/notices, information about the bank’s branches and ATM locations, banking hour information, information about products/promotions being offered by the bank. Customers can register themselves for this service through the public account of Nabil Bank available on Viber. </p> <p>"This service is a milestone in Nepali banking sector which will help promote digital banking to the next level by facilitating online access to customers' accounts enabling them to have their bank on their finger tips," said CEO of Nabil Bank, Sashin Joshi.</p> <p>During FY 2016/17, Nabil Bank said it was successful in posting the highest profit in the industry at Rs 3.613 billion on a balance sheet size of Rs 140.33 billion with Return of Equity (ROE) of 26.65% and Earning Per Share (EPS) of Rs 58.41. The Bank has distributed 48% (30% bonus + 18% cash) for the year. The Bank has also earned a net profit of Rs 851 million in the first quarter under the current fiscal year 2017/18.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6600', 'image' => 'Nabil Bank on Rakuten Viber 01-01.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6817', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Opens Branch in Pathari', 'sub_title' => '', 'summary' => 'November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang.', 'content' => '<p>November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang. The municipality’s Mayor Dilip Kumar Rai inaugurated the branch amid a function on November 1.</p> <p>NIC ASIA Bank claimed that it is one of the largest private commercial banks in the country in terms of capital base, balance-sheet size, customer base, number of branches and ATM network. With the formal inauguration of the Pathari branch, the bank is currently providing services to its customers through 133 branches and 141 ATM counters, spread all over the country.</p> <p>The bank said it has a strategy to reach every possible market for better service to its customers. <a name="_GoBack"></a></p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6599', 'image' => 'image001.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6818', 'article_category_id' => '1', 'title' => 'Balaju Autoworks Starts Mobile Service for Mahindra Vehicles', 'sub_title' => '', 'summary' => 'November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra vehicles.', 'content' => '<p>November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra vehicles. Issuing a statement, the company said if any Mahindra vehicle breaks down, the mechanic team will reach the spot and repair it. “The service is available in Kathmandu valley at the moment and will be expanded to other major cities of Nepal in the near future,” the statement added.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6598', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6815', 'article_category_id' => '1', 'title' => 'OPPO Announces Sidharth Malhotra as New Brand Ambassador', 'sub_title' => '', 'summary' => 'November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand ambassador.', 'content' => '<p>November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand ambassador.</p> <p>Issuing a press statement, the company said that Sidharth Malhotra is a well renowned and uprising movie star in Indian film industry. OPPO said it is also incorporating with one of the most influential diva and film star, Deepika Padukone as its female brand ambassador.</p> <p>OPPO is on the verge of launching its all new Selfie Expert and leader "OPPO F5" in the Nepali market, the statement said. OPPO F5 is said to be launched in mid-November in Nepal. For F5's promotion, OPPO is running various campaigns in its official social media pages such as Facebook, Twitter, Instagram etc. </p> <p>OPPO Nepal had held a social media campaign "Guess the ambassador" to indulge its fans in its campaign. OPPO announced its male brand ambassador on October 29, launching a video of the renowned actor. Pravina Shrestha has been declared the winner of "Guess the Ambassador" campaign.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6597', 'image' => '20171102124506_Sidharth malhotra.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6819', 'article_category_id' => '1', 'title' => 'Himalayan Bank Announces Bonus Share and Cash Dividend', 'sub_title' => '', 'summary' => 'November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.', 'content' => '<p style="text-align:justify">November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.</p> <p style="text-align:justify">Issuing a press statement, the bank said its board meeting held on October 31 has decided to provide 25 percent bonus share and 1.3158 percent cash dividend (for tax purpose) to its shareholders from the profit of fiscal year 2016/17.</p> <p style="text-align:justify">This decision is subject to the approval of the upcoming 25<sup>th</sup> Annual General Meeting and Nepal Rastra Bank, the bank said in as statement.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6596', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6812', 'article_category_id' => '1', 'title' => 'Infrastructure Development a Must: Tourism Entrepreneurs', 'sub_title' => '', 'summary' => 'November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of tourism.', 'content' => '<p>November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of tourism.</p> <p>They urged the government to develop basic infrastructures of the nation, which will help in the overall development of the tourism sector.</p> <p>Speaking at a program organised in Kathmandu on Tuesday, they said that there is a huge potential of tourism in the country, but the negligence on part of the government has hit tourism entrepreneurs hard.</p> <p>The program was organised by Hotel Association of Nepal (HAN). According to Amar Man Shakya, president of HAN, the private sector is ready to invest in this tourism.</p> <p>“All the state-owned bodies like Nepal Airlines Corporation (NAC), Tribhuvan International Airport (TIA), and other agencies should work together with private sector to develop tourism industry,” he said.</p> <p>Similarly, Lilamani Pokhrel, a Maoist Centre leader, said that the flow of remittance to the country will not help the country’s economy in the long run. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6595', 'image' => null, 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6811', 'article_category_id' => '1', 'title' => 'Garima Opens Four Branches', 'sub_title' => '', 'summary' => 'November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country. ', 'content' => '<p>November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country. The new branches have been opened at Kapilbastu’s Chandrauta, Rupandehi’s Farsatikar, Khaireni and Manigram, reads a statement issued by the bank. The bank now has a total of 49 branches across the country, informed the bank’s CEO Govinda Prasad Dhakal.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6594', 'image' => '20171101015630_garima.jpg', 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6810', 'article_category_id' => '1', 'title' => 'Gurans Launches New Insurance Policy', 'sub_title' => '', 'summary' => 'November 1: Gurans Life Insurance Company has launched a new insurance scheme.', 'content' => '<p>November 1: Gurans Life Insurance Company has launched a new insurance scheme. The company announced the launch of ‘Gurans secured future life insurance scheme’ amid a function organised in Godavari, Lalitpur on Tuesday, October 31. Chief guest Deepak Nepal as well as the company’s board members Apachkumar Yadav, Shiva Bahadur Shrestha, Meghraj Poudel and Shambhu Prasad Subedi jointly unveiled the scheme during the function.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6593', 'image' => null, 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6809', 'article_category_id' => '1', 'title' => 'Tinau, Surya Sign Bancasurrance Agreement', 'sub_title' => '', 'summary' => 'November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance service.', 'content' => '<p>November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance service. As per the agreement, the bank’s customers can purchase insurance policies of Surya Life Insurance from any branch of the bank. The bank’s CEO Pradeep Kumar Shrestha and Surya Life Insurance CEO Shivanath Pandey signed the agreement on Monday, October 30, reads a press statement issued by the bank. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6592', 'image' => '20171101015522_tinau.jpg', 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $cat_id = '1' $categoryTitle = array( 'ArticleCategory' => array( 'id' => '1', 'name' => 'NEWS', 'parentOf' => '0', 'published' => true, 'registered' => '2015-07-20 00:00:00', 'sortorder' => '158', 'del_flag' => '0', 'homepage' => true, 'display_in_menu' => true, 'user_id' => '1', 'created' => '0000-00-00 00:00:00', 'modified' => '2018-11-22 11:58:49' ) ) $article = array( 'Article' => array( 'id' => '6817', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Opens Branch in Pathari', 'sub_title' => '', 'summary' => 'November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang.', 'content' => '<p>November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang. The municipality’s Mayor Dilip Kumar Rai inaugurated the branch amid a function on November 1.</p> <p>NIC ASIA Bank claimed that it is one of the largest private commercial banks in the country in terms of capital base, balance-sheet size, customer base, number of branches and ATM network. With the formal inauguration of the Pathari branch, the bank is currently providing services to its customers through 133 branches and 141 ATM counters, spread all over the country.</p> <p>The bank said it has a strategy to reach every possible market for better service to its customers. <a name="_GoBack"></a></p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6599', 'image' => 'image001.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) $width = null $height = null $ratio = (float) NAN $img_width = (int) 280 $img_height = (float) NAN $date = '2017-11-02 00:00:00' $dateFromDatabase = (int) 1509560100 $dateTwentyforHoursAgo = (int) 1745866214 $today = '2025-04-30 12:35:14am' $today2 = (int) 1745952614 $newDate = 'Nov 02, 2017' $commentCount = (int) 0 $word_count = (int) 281 $time_to_read = (float) 1.41 $time_to_read_min = (float) 1 $time_to_read_second = (float) 25getimagesize - [internal], line ?? include - APP/View/Articles/index.ctp, line 35 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/index.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' => '6824', 'article_category_id' => '1', 'title' => 'Chandragiri Cable Car signs Agreement with Turkish Airlines', 'sub_title' => '', 'summary' => 'November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers. ', 'content' => '<p>November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers. As per the agreement, customers of the cable car company are entitled to discounts while travelling via Turkish Airlines while the airlines’ customers will also get discount from the cable car company. </p> ', 'published' => true, 'created' => '2017-11-03', 'modified' => '2017-11-03', 'keywords' => '', 'description' => '', 'sortorder' => '6606', 'image' => null, 'article_date' => '2017-11-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6822', 'article_category_id' => '1', 'title' => 'Importers Hit Hard by Failure to Clear Goods from Kolkata Port', 'sub_title' => '', 'summary' => 'November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in India.', 'content' => '<p>November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in India. Currently, more than 2,500 containers are in queue, waiting for being loaded away from there.</p> <p>Importers in Nepal have been paying hefty fines to the harbour after failing to clear the containers in time due to problems in transporting them. The transportation of the goods has been affected by various hurdles that have ensued with the Indian Railways used for carrying the goods up to the Nepali border.</p> <p>Nepal extensively relies on Kolkata port for import and export of goods. Ashok Kumar Temani, coordinator of the road and transportation committee of the Federation of Nepalese Chambers of Commerce and Industry, said that the problem has been mounting due to the failure to address the issue since years.</p> <p>According to Temani, the containers have been stuck in Kolkata since a month. After unloading the containers, the shipping companies provide a maximum of 21 days’ time to clear the goods. However, the goods get stuck for a month at the harbor itself, say the entrepreneurs.</p> <p>“We have been facing such problems as our government is not serious about this issue,” said Temani.</p> <p>“Importers have been forced to pay a fine of up to Rs 300,000 for a single container,” he added. </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6605', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6821', 'article_category_id' => '1', 'title' => 'Number of Tourists up in Ghorepani and Poonhill', 'sub_title' => '', 'summary' => 'November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this season.', 'content' => '<p>November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this season.</p> <p>Located in the Annapurna Circuit, many tourists prefer these two places to the view of mountain ranges and sunrise from Ghorepani and Poonhill.</p> <p>Around 500 domestic and foreign tourists visit Poonhill, situated at an altitude of 3,210 meters from the sea level on a daily basis, on daily basis. With the start of autumn, the hotels at Ghorepani, which serves as an entrance to Poonhill, are getting packed.</p> <p>According to Ghodepani Tourist Police Station, 5,835 foreign tourists have entered Ghorepani till October 14 this year. There are 22 hotels and lodges providing services to the tourists at Ghorepani.</p> <p>Sushil Pun, vice-president of Ghorepani Hotel Management Sub-committee, said that the hotel entrepreneurs are expanding their capacity keeping in view the flow of tourists.</p> <p>Meanwhile, the locals in coordination with Annapurna Conservation Area Project (ACAP) have initiated a campaign for rhododendron conservation in the region. </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6604', 'image' => '20171102015443_ass.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6820', 'article_category_id' => '1', 'title' => 'Global IME Bank launches 3D secure service', 'sub_title' => '', 'summary' => 'November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online transactions.', 'content' => '<p>November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online transactions.</p> <p>Issuing a press statement, the bank said it is one of the first few banks that offers such service in Nepal.</p> <p>This service allows GIBL credit card holders to use their cards during online transactions and allow them to participate in verified by Visa process. The new value-added service by Global IME Bank is an extension of the banks mission to reiterate its commitment to its consumers to meet the needs of an ever-changing market in terms of security, technology, and financial solutions, according to the statement.</p> <p>“The few simple steps will enable cardholders to activate the new feature while performing first ecommerce transaction where customers need to enroll and set credentials for future usage. Subsequent online purchases will then be validated with additional layer of security for cardholder’s authentication. Global IME Bank in association with VISA has partnered with Izealiant Technologies for implementing this solution that provides flexibility to choose authentication types like password or OTP depending upon customer preference,” reads the statement.</p> <p>As a direct benefit, GIBL cardholders can now enjoy additional security for their online card usage on various ecommerce sites worldwide. The protective feature enables the bank to authenticate not only the card but also the cardholder during payment of internet purchases thus protecting their online transactions against theft and illegal use of cards, it stated. </p> <p>Janak Sharma Poudyal, Acting CEO at Global IME Bank said: “Our new 3D Secure Service for cardholders plays a significant role as it enhances security which is a critical aspect of any online business transaction. This along with our impressive card features ensures that we always meet the evolving security needs of our customers to give them a world class banking experience.”</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6603', 'image' => '20171102013636_Clipboard01.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6813', 'article_category_id' => '1', 'title' => 'NOC Rolls Back Price Hike of Petroleum Products', 'sub_title' => '', 'summary' => 'November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November 1.', 'content' => '<p>November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November 1.</p> <p>According to informed sources, the state-owned oil monopoly decided to revoke its decision to hike fuel prices upon the instructions of Prime Minister Sher Bahadur Deuba, who expressed his annoyance saying that the decision could impact the election results.</p> <p>NOC had earlier decided to hike the prices effective from Wednesday midnight. As per the instructions of PM Deuba, Minister for Supplies Jayant Chand instructed NOC to withdraw the price hike. NOC said that the petroleum products will now be available at the same old rates. </p> <p>NOC said it hiked the prices on November 1 to adjust with the price hike of crude oil in the international market. NOC had increased Rs 2 per litre on petrol, diesel and kerosene while it had raised the price of cooking gas (LPG) by Rs 25. According to NOC, the prime minister’s instruction to withdraw price hike will cause a loss of Rs 220 million.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6602', 'image' => '20171102125544_noc.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6814', 'article_category_id' => '1', 'title' => 'Business Environment Improves in Nepal: WB report', 'sub_title' => '', 'summary' => 'November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB) report.', 'content' => '<p>November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB) report.</p> <p>The 15th annual edition of Doing Business report published by the WB on October 31 has commended greater corporate transparency in Nepal during last year.</p> <p>According to the report, Nepal’s economy ranks third among South Asian countries in terms of business environment.</p> <p>“The region’s top ranked economies are Bhutan, in 75th place, India (100), and Nepal (105),” the report states.</p> <p>According to the report, South Asian economies carried out a record 20 business reforms in the past year, bringing to a total of 127 the number of reforms enacted in the region over the past 15 years.</p> <p>A major focus of reforms in the past year were in the area of protecting minority investors, with half of the region’s eight economies implementing measures to strengthen protections for minority shareholders.</p> <p>“The reforms included enhanced remedies to address cases of prejudicial transactions between interested parties in India; rules to clarify ownership and control structures in Bhutan; greater corporate transparency in Nepal; and facilitating legal action against directors in case of prejudicial transactions with interested parties in Pakistan,” the report states.</p> <p> “With three-quarters of regional economies making positive reforms, it’s no surprise that this is a record year for regional reforms. India, as the largest economy in the region, is leading by example with its eight reforms,” said Rita Ramalho, acting director of the World Bank’s Global Indicators Group, which produces the report Doing Business 2018: Reforming to Create Jobs.</p> <p> Other reforms in India also included the creation of an online single window system to enhance the process of dealing with construction permits; consolidating forms for starting a business; and reducing paperwork for paying taxes; and introduction of new insolvency and bankruptcy code to make resolving insolvency easier, the reports states.</p> <p> Bhutan, the region’s top-ranked economy, also implemented four reforms to make it easier to register a new business, improve access to credit, and enhance the enforcement of contracts.</p> <p> The report says that the region’s economies perform well in the doing business areas of ‘protecting minority investors’ and ‘staring a business’. Registering a new business, for example, takes an average of 15.5 days, which is faster than the current global average of 20 days, and a significant improvement over the 50 days it took to start a business in the region 15 years ago.</p> <p>The region lags in areas such as registering property and resolving insolvency. It takes an average of 112 days to register property in South Asia, compared with the global average of 49.5 days. And, creditors for resolving insolvency recover about one-third of the property value, which is less than half of the recovery rate of 71.2 percent in OECD high-income economies.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6601', 'image' => '20171102125646_wb.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6816', 'article_category_id' => '1', 'title' => 'Nabil Bank launches ViberBanking', 'sub_title' => '', 'summary' => 'November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. ', 'content' => '<p>November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. Issuing a press statement, Nabil Bank said that ViberBanking is a chat-bot enabled service integrated with the public account of the bank on Viber.</p> <p>“A chat-bot is a service powered by rules and artificial intelligence that one interacts with via a chat interface of Viber. By using Nabil ViberBanking, customers of the Bank can access their bank account and perform various activities such as check account balance, mini-statement, check account details, make exchange rate/interest rate queries, etc,” reads the statement.</p> <p>Nabil ViberBanking customers can also obtain the latest news/notices, information about the bank’s branches and ATM locations, banking hour information, information about products/promotions being offered by the bank. Customers can register themselves for this service through the public account of Nabil Bank available on Viber. </p> <p>"This service is a milestone in Nepali banking sector which will help promote digital banking to the next level by facilitating online access to customers' accounts enabling them to have their bank on their finger tips," said CEO of Nabil Bank, Sashin Joshi.</p> <p>During FY 2016/17, Nabil Bank said it was successful in posting the highest profit in the industry at Rs 3.613 billion on a balance sheet size of Rs 140.33 billion with Return of Equity (ROE) of 26.65% and Earning Per Share (EPS) of Rs 58.41. The Bank has distributed 48% (30% bonus + 18% cash) for the year. The Bank has also earned a net profit of Rs 851 million in the first quarter under the current fiscal year 2017/18.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6600', 'image' => 'Nabil Bank on Rakuten Viber 01-01.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6817', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Opens Branch in Pathari', 'sub_title' => '', 'summary' => 'November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang.', 'content' => '<p>November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang. The municipality’s Mayor Dilip Kumar Rai inaugurated the branch amid a function on November 1.</p> <p>NIC ASIA Bank claimed that it is one of the largest private commercial banks in the country in terms of capital base, balance-sheet size, customer base, number of branches and ATM network. With the formal inauguration of the Pathari branch, the bank is currently providing services to its customers through 133 branches and 141 ATM counters, spread all over the country.</p> <p>The bank said it has a strategy to reach every possible market for better service to its customers. <a name="_GoBack"></a></p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6599', 'image' => 'image001.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6818', 'article_category_id' => '1', 'title' => 'Balaju Autoworks Starts Mobile Service for Mahindra Vehicles', 'sub_title' => '', 'summary' => 'November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra vehicles.', 'content' => '<p>November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra vehicles. Issuing a statement, the company said if any Mahindra vehicle breaks down, the mechanic team will reach the spot and repair it. “The service is available in Kathmandu valley at the moment and will be expanded to other major cities of Nepal in the near future,” the statement added.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6598', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6815', 'article_category_id' => '1', 'title' => 'OPPO Announces Sidharth Malhotra as New Brand Ambassador', 'sub_title' => '', 'summary' => 'November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand ambassador.', 'content' => '<p>November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand ambassador.</p> <p>Issuing a press statement, the company said that Sidharth Malhotra is a well renowned and uprising movie star in Indian film industry. OPPO said it is also incorporating with one of the most influential diva and film star, Deepika Padukone as its female brand ambassador.</p> <p>OPPO is on the verge of launching its all new Selfie Expert and leader "OPPO F5" in the Nepali market, the statement said. OPPO F5 is said to be launched in mid-November in Nepal. For F5's promotion, OPPO is running various campaigns in its official social media pages such as Facebook, Twitter, Instagram etc. </p> <p>OPPO Nepal had held a social media campaign "Guess the ambassador" to indulge its fans in its campaign. OPPO announced its male brand ambassador on October 29, launching a video of the renowned actor. Pravina Shrestha has been declared the winner of "Guess the Ambassador" campaign.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6597', 'image' => '20171102124506_Sidharth malhotra.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6819', 'article_category_id' => '1', 'title' => 'Himalayan Bank Announces Bonus Share and Cash Dividend', 'sub_title' => '', 'summary' => 'November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.', 'content' => '<p style="text-align:justify">November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.</p> <p style="text-align:justify">Issuing a press statement, the bank said its board meeting held on October 31 has decided to provide 25 percent bonus share and 1.3158 percent cash dividend (for tax purpose) to its shareholders from the profit of fiscal year 2016/17.</p> <p style="text-align:justify">This decision is subject to the approval of the upcoming 25<sup>th</sup> Annual General Meeting and Nepal Rastra Bank, the bank said in as statement.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6596', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6812', 'article_category_id' => '1', 'title' => 'Infrastructure Development a Must: Tourism Entrepreneurs', 'sub_title' => '', 'summary' => 'November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of tourism.', 'content' => '<p>November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of tourism.</p> <p>They urged the government to develop basic infrastructures of the nation, which will help in the overall development of the tourism sector.</p> <p>Speaking at a program organised in Kathmandu on Tuesday, they said that there is a huge potential of tourism in the country, but the negligence on part of the government has hit tourism entrepreneurs hard.</p> <p>The program was organised by Hotel Association of Nepal (HAN). According to Amar Man Shakya, president of HAN, the private sector is ready to invest in this tourism.</p> <p>“All the state-owned bodies like Nepal Airlines Corporation (NAC), Tribhuvan International Airport (TIA), and other agencies should work together with private sector to develop tourism industry,” he said.</p> <p>Similarly, Lilamani Pokhrel, a Maoist Centre leader, said that the flow of remittance to the country will not help the country’s economy in the long run. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6595', 'image' => null, 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6811', 'article_category_id' => '1', 'title' => 'Garima Opens Four Branches', 'sub_title' => '', 'summary' => 'November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country. ', 'content' => '<p>November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country. The new branches have been opened at Kapilbastu’s Chandrauta, Rupandehi’s Farsatikar, Khaireni and Manigram, reads a statement issued by the bank. The bank now has a total of 49 branches across the country, informed the bank’s CEO Govinda Prasad Dhakal.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6594', 'image' => '20171101015630_garima.jpg', 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6810', 'article_category_id' => '1', 'title' => 'Gurans Launches New Insurance Policy', 'sub_title' => '', 'summary' => 'November 1: Gurans Life Insurance Company has launched a new insurance scheme.', 'content' => '<p>November 1: Gurans Life Insurance Company has launched a new insurance scheme. The company announced the launch of ‘Gurans secured future life insurance scheme’ amid a function organised in Godavari, Lalitpur on Tuesday, October 31. Chief guest Deepak Nepal as well as the company’s board members Apachkumar Yadav, Shiva Bahadur Shrestha, Meghraj Poudel and Shambhu Prasad Subedi jointly unveiled the scheme during the function.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6593', 'image' => null, 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6809', 'article_category_id' => '1', 'title' => 'Tinau, Surya Sign Bancasurrance Agreement', 'sub_title' => '', 'summary' => 'November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance service.', 'content' => '<p>November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance service. As per the agreement, the bank’s customers can purchase insurance policies of Surya Life Insurance from any branch of the bank. The bank’s CEO Pradeep Kumar Shrestha and Surya Life Insurance CEO Shivanath Pandey signed the agreement on Monday, October 30, reads a press statement issued by the bank. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6592', 'image' => '20171101015522_tinau.jpg', 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $cat_id = '1' $categoryTitle = array( 'ArticleCategory' => array( 'id' => '1', 'name' => 'NEWS', 'parentOf' => '0', 'published' => true, 'registered' => '2015-07-20 00:00:00', 'sortorder' => '158', 'del_flag' => '0', 'homepage' => true, 'display_in_menu' => true, 'user_id' => '1', 'created' => '0000-00-00 00:00:00', 'modified' => '2018-11-22 11:58:49' ) ) $article = array( 'Article' => array( 'id' => '6817', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Opens Branch in Pathari', 'sub_title' => '', 'summary' => 'November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang.', 'content' => '<p>November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang. The municipality’s Mayor Dilip Kumar Rai inaugurated the branch amid a function on November 1.</p> <p>NIC ASIA Bank claimed that it is one of the largest private commercial banks in the country in terms of capital base, balance-sheet size, customer base, number of branches and ATM network. With the formal inauguration of the Pathari branch, the bank is currently providing services to its customers through 133 branches and 141 ATM counters, spread all over the country.</p> <p>The bank said it has a strategy to reach every possible market for better service to its customers. <a name="_GoBack"></a></p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6599', 'image' => 'image001.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) $width = null $height = null $ratio = (float) NAN $img_width = (int) 280 $img_height = (float) NAN $date = '2017-11-02 00:00:00' $dateFromDatabase = (int) 1509560100 $dateTwentyforHoursAgo = (int) 1745866214 $today = '2025-04-30 12:35:14am' $today2 = (int) 1745952614 $newDate = 'Nov 02, 2017' $commentCount = (int) 0 $word_count = (int) 281 $time_to_read = (float) 1.41 $time_to_read_min = (float) 1 $time_to_read_second = (float) 25include - APP/View/Articles/index.ctp, line 36 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1,…
November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra…
November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand…
November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its…
November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of…
November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country.…
November 1: Gurans Life Insurance Company has launched a new insurance…
November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance…
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$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' => '6824', 'article_category_id' => '1', 'title' => 'Chandragiri Cable Car signs Agreement with Turkish Airlines', 'sub_title' => '', 'summary' => 'November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers. ', 'content' => '<p>November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers. As per the agreement, customers of the cable car company are entitled to discounts while travelling via Turkish Airlines while the airlines’ customers will also get discount from the cable car company. </p> ', 'published' => true, 'created' => '2017-11-03', 'modified' => '2017-11-03', 'keywords' => '', 'description' => '', 'sortorder' => '6606', 'image' => null, 'article_date' => '2017-11-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6822', 'article_category_id' => '1', 'title' => 'Importers Hit Hard by Failure to Clear Goods from Kolkata Port', 'sub_title' => '', 'summary' => 'November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in India.', 'content' => '<p>November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in India. Currently, more than 2,500 containers are in queue, waiting for being loaded away from there.</p> <p>Importers in Nepal have been paying hefty fines to the harbour after failing to clear the containers in time due to problems in transporting them. The transportation of the goods has been affected by various hurdles that have ensued with the Indian Railways used for carrying the goods up to the Nepali border.</p> <p>Nepal extensively relies on Kolkata port for import and export of goods. Ashok Kumar Temani, coordinator of the road and transportation committee of the Federation of Nepalese Chambers of Commerce and Industry, said that the problem has been mounting due to the failure to address the issue since years.</p> <p>According to Temani, the containers have been stuck in Kolkata since a month. After unloading the containers, the shipping companies provide a maximum of 21 days’ time to clear the goods. However, the goods get stuck for a month at the harbor itself, say the entrepreneurs.</p> <p>“We have been facing such problems as our government is not serious about this issue,” said Temani.</p> <p>“Importers have been forced to pay a fine of up to Rs 300,000 for a single container,” he added. </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6605', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6821', 'article_category_id' => '1', 'title' => 'Number of Tourists up in Ghorepani and Poonhill', 'sub_title' => '', 'summary' => 'November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this season.', 'content' => '<p>November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this season.</p> <p>Located in the Annapurna Circuit, many tourists prefer these two places to the view of mountain ranges and sunrise from Ghorepani and Poonhill.</p> <p>Around 500 domestic and foreign tourists visit Poonhill, situated at an altitude of 3,210 meters from the sea level on a daily basis, on daily basis. With the start of autumn, the hotels at Ghorepani, which serves as an entrance to Poonhill, are getting packed.</p> <p>According to Ghodepani Tourist Police Station, 5,835 foreign tourists have entered Ghorepani till October 14 this year. There are 22 hotels and lodges providing services to the tourists at Ghorepani.</p> <p>Sushil Pun, vice-president of Ghorepani Hotel Management Sub-committee, said that the hotel entrepreneurs are expanding their capacity keeping in view the flow of tourists.</p> <p>Meanwhile, the locals in coordination with Annapurna Conservation Area Project (ACAP) have initiated a campaign for rhododendron conservation in the region. </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6604', 'image' => '20171102015443_ass.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6820', 'article_category_id' => '1', 'title' => 'Global IME Bank launches 3D secure service', 'sub_title' => '', 'summary' => 'November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online transactions.', 'content' => '<p>November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online transactions.</p> <p>Issuing a press statement, the bank said it is one of the first few banks that offers such service in Nepal.</p> <p>This service allows GIBL credit card holders to use their cards during online transactions and allow them to participate in verified by Visa process. The new value-added service by Global IME Bank is an extension of the banks mission to reiterate its commitment to its consumers to meet the needs of an ever-changing market in terms of security, technology, and financial solutions, according to the statement.</p> <p>“The few simple steps will enable cardholders to activate the new feature while performing first ecommerce transaction where customers need to enroll and set credentials for future usage. Subsequent online purchases will then be validated with additional layer of security for cardholder’s authentication. Global IME Bank in association with VISA has partnered with Izealiant Technologies for implementing this solution that provides flexibility to choose authentication types like password or OTP depending upon customer preference,” reads the statement.</p> <p>As a direct benefit, GIBL cardholders can now enjoy additional security for their online card usage on various ecommerce sites worldwide. The protective feature enables the bank to authenticate not only the card but also the cardholder during payment of internet purchases thus protecting their online transactions against theft and illegal use of cards, it stated. </p> <p>Janak Sharma Poudyal, Acting CEO at Global IME Bank said: “Our new 3D Secure Service for cardholders plays a significant role as it enhances security which is a critical aspect of any online business transaction. This along with our impressive card features ensures that we always meet the evolving security needs of our customers to give them a world class banking experience.”</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6603', 'image' => '20171102013636_Clipboard01.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6813', 'article_category_id' => '1', 'title' => 'NOC Rolls Back Price Hike of Petroleum Products', 'sub_title' => '', 'summary' => 'November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November 1.', 'content' => '<p>November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November 1.</p> <p>According to informed sources, the state-owned oil monopoly decided to revoke its decision to hike fuel prices upon the instructions of Prime Minister Sher Bahadur Deuba, who expressed his annoyance saying that the decision could impact the election results.</p> <p>NOC had earlier decided to hike the prices effective from Wednesday midnight. As per the instructions of PM Deuba, Minister for Supplies Jayant Chand instructed NOC to withdraw the price hike. NOC said that the petroleum products will now be available at the same old rates. </p> <p>NOC said it hiked the prices on November 1 to adjust with the price hike of crude oil in the international market. NOC had increased Rs 2 per litre on petrol, diesel and kerosene while it had raised the price of cooking gas (LPG) by Rs 25. According to NOC, the prime minister’s instruction to withdraw price hike will cause a loss of Rs 220 million.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6602', 'image' => '20171102125544_noc.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6814', 'article_category_id' => '1', 'title' => 'Business Environment Improves in Nepal: WB report', 'sub_title' => '', 'summary' => 'November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB) report.', 'content' => '<p>November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB) report.</p> <p>The 15th annual edition of Doing Business report published by the WB on October 31 has commended greater corporate transparency in Nepal during last year.</p> <p>According to the report, Nepal’s economy ranks third among South Asian countries in terms of business environment.</p> <p>“The region’s top ranked economies are Bhutan, in 75th place, India (100), and Nepal (105),” the report states.</p> <p>According to the report, South Asian economies carried out a record 20 business reforms in the past year, bringing to a total of 127 the number of reforms enacted in the region over the past 15 years.</p> <p>A major focus of reforms in the past year were in the area of protecting minority investors, with half of the region’s eight economies implementing measures to strengthen protections for minority shareholders.</p> <p>“The reforms included enhanced remedies to address cases of prejudicial transactions between interested parties in India; rules to clarify ownership and control structures in Bhutan; greater corporate transparency in Nepal; and facilitating legal action against directors in case of prejudicial transactions with interested parties in Pakistan,” the report states.</p> <p> “With three-quarters of regional economies making positive reforms, it’s no surprise that this is a record year for regional reforms. India, as the largest economy in the region, is leading by example with its eight reforms,” said Rita Ramalho, acting director of the World Bank’s Global Indicators Group, which produces the report Doing Business 2018: Reforming to Create Jobs.</p> <p> Other reforms in India also included the creation of an online single window system to enhance the process of dealing with construction permits; consolidating forms for starting a business; and reducing paperwork for paying taxes; and introduction of new insolvency and bankruptcy code to make resolving insolvency easier, the reports states.</p> <p> Bhutan, the region’s top-ranked economy, also implemented four reforms to make it easier to register a new business, improve access to credit, and enhance the enforcement of contracts.</p> <p> The report says that the region’s economies perform well in the doing business areas of ‘protecting minority investors’ and ‘staring a business’. Registering a new business, for example, takes an average of 15.5 days, which is faster than the current global average of 20 days, and a significant improvement over the 50 days it took to start a business in the region 15 years ago.</p> <p>The region lags in areas such as registering property and resolving insolvency. It takes an average of 112 days to register property in South Asia, compared with the global average of 49.5 days. And, creditors for resolving insolvency recover about one-third of the property value, which is less than half of the recovery rate of 71.2 percent in OECD high-income economies.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6601', 'image' => '20171102125646_wb.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6816', 'article_category_id' => '1', 'title' => 'Nabil Bank launches ViberBanking', 'sub_title' => '', 'summary' => 'November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. ', 'content' => '<p>November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. Issuing a press statement, Nabil Bank said that ViberBanking is a chat-bot enabled service integrated with the public account of the bank on Viber.</p> <p>“A chat-bot is a service powered by rules and artificial intelligence that one interacts with via a chat interface of Viber. By using Nabil ViberBanking, customers of the Bank can access their bank account and perform various activities such as check account balance, mini-statement, check account details, make exchange rate/interest rate queries, etc,” reads the statement.</p> <p>Nabil ViberBanking customers can also obtain the latest news/notices, information about the bank’s branches and ATM locations, banking hour information, information about products/promotions being offered by the bank. Customers can register themselves for this service through the public account of Nabil Bank available on Viber. </p> <p>"This service is a milestone in Nepali banking sector which will help promote digital banking to the next level by facilitating online access to customers' accounts enabling them to have their bank on their finger tips," said CEO of Nabil Bank, Sashin Joshi.</p> <p>During FY 2016/17, Nabil Bank said it was successful in posting the highest profit in the industry at Rs 3.613 billion on a balance sheet size of Rs 140.33 billion with Return of Equity (ROE) of 26.65% and Earning Per Share (EPS) of Rs 58.41. The Bank has distributed 48% (30% bonus + 18% cash) for the year. The Bank has also earned a net profit of Rs 851 million in the first quarter under the current fiscal year 2017/18.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6600', 'image' => 'Nabil Bank on Rakuten Viber 01-01.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6817', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Opens Branch in Pathari', 'sub_title' => '', 'summary' => 'November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang.', 'content' => '<p>November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang. The municipality’s Mayor Dilip Kumar Rai inaugurated the branch amid a function on November 1.</p> <p>NIC ASIA Bank claimed that it is one of the largest private commercial banks in the country in terms of capital base, balance-sheet size, customer base, number of branches and ATM network. With the formal inauguration of the Pathari branch, the bank is currently providing services to its customers through 133 branches and 141 ATM counters, spread all over the country.</p> <p>The bank said it has a strategy to reach every possible market for better service to its customers. <a name="_GoBack"></a></p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6599', 'image' => 'image001.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6818', 'article_category_id' => '1', 'title' => 'Balaju Autoworks Starts Mobile Service for Mahindra Vehicles', 'sub_title' => '', 'summary' => 'November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra vehicles.', 'content' => '<p>November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra vehicles. Issuing a statement, the company said if any Mahindra vehicle breaks down, the mechanic team will reach the spot and repair it. “The service is available in Kathmandu valley at the moment and will be expanded to other major cities of Nepal in the near future,” the statement added.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6598', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6815', 'article_category_id' => '1', 'title' => 'OPPO Announces Sidharth Malhotra as New Brand Ambassador', 'sub_title' => '', 'summary' => 'November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand ambassador.', 'content' => '<p>November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand ambassador.</p> <p>Issuing a press statement, the company said that Sidharth Malhotra is a well renowned and uprising movie star in Indian film industry. OPPO said it is also incorporating with one of the most influential diva and film star, Deepika Padukone as its female brand ambassador.</p> <p>OPPO is on the verge of launching its all new Selfie Expert and leader "OPPO F5" in the Nepali market, the statement said. OPPO F5 is said to be launched in mid-November in Nepal. For F5's promotion, OPPO is running various campaigns in its official social media pages such as Facebook, Twitter, Instagram etc. </p> <p>OPPO Nepal had held a social media campaign "Guess the ambassador" to indulge its fans in its campaign. OPPO announced its male brand ambassador on October 29, launching a video of the renowned actor. Pravina Shrestha has been declared the winner of "Guess the Ambassador" campaign.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6597', 'image' => '20171102124506_Sidharth malhotra.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6819', 'article_category_id' => '1', 'title' => 'Himalayan Bank Announces Bonus Share and Cash Dividend', 'sub_title' => '', 'summary' => 'November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.', 'content' => '<p style="text-align:justify">November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.</p> <p style="text-align:justify">Issuing a press statement, the bank said its board meeting held on October 31 has decided to provide 25 percent bonus share and 1.3158 percent cash dividend (for tax purpose) to its shareholders from the profit of fiscal year 2016/17.</p> <p style="text-align:justify">This decision is subject to the approval of the upcoming 25<sup>th</sup> Annual General Meeting and Nepal Rastra Bank, the bank said in as statement.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6596', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6812', 'article_category_id' => '1', 'title' => 'Infrastructure Development a Must: Tourism Entrepreneurs', 'sub_title' => '', 'summary' => 'November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of tourism.', 'content' => '<p>November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of tourism.</p> <p>They urged the government to develop basic infrastructures of the nation, which will help in the overall development of the tourism sector.</p> <p>Speaking at a program organised in Kathmandu on Tuesday, they said that there is a huge potential of tourism in the country, but the negligence on part of the government has hit tourism entrepreneurs hard.</p> <p>The program was organised by Hotel Association of Nepal (HAN). According to Amar Man Shakya, president of HAN, the private sector is ready to invest in this tourism.</p> <p>“All the state-owned bodies like Nepal Airlines Corporation (NAC), Tribhuvan International Airport (TIA), and other agencies should work together with private sector to develop tourism industry,” he said.</p> <p>Similarly, Lilamani Pokhrel, a Maoist Centre leader, said that the flow of remittance to the country will not help the country’s economy in the long run. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6595', 'image' => null, 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6811', 'article_category_id' => '1', 'title' => 'Garima Opens Four Branches', 'sub_title' => '', 'summary' => 'November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country. ', 'content' => '<p>November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country. The new branches have been opened at Kapilbastu’s Chandrauta, Rupandehi’s Farsatikar, Khaireni and Manigram, reads a statement issued by the bank. The bank now has a total of 49 branches across the country, informed the bank’s CEO Govinda Prasad Dhakal.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6594', 'image' => '20171101015630_garima.jpg', 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6810', 'article_category_id' => '1', 'title' => 'Gurans Launches New Insurance Policy', 'sub_title' => '', 'summary' => 'November 1: Gurans Life Insurance Company has launched a new insurance scheme.', 'content' => '<p>November 1: Gurans Life Insurance Company has launched a new insurance scheme. The company announced the launch of ‘Gurans secured future life insurance scheme’ amid a function organised in Godavari, Lalitpur on Tuesday, October 31. Chief guest Deepak Nepal as well as the company’s board members Apachkumar Yadav, Shiva Bahadur Shrestha, Meghraj Poudel and Shambhu Prasad Subedi jointly unveiled the scheme during the function.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6593', 'image' => null, 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6809', 'article_category_id' => '1', 'title' => 'Tinau, Surya Sign Bancasurrance Agreement', 'sub_title' => '', 'summary' => 'November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance service.', 'content' => '<p>November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance service. As per the agreement, the bank’s customers can purchase insurance policies of Surya Life Insurance from any branch of the bank. The bank’s CEO Pradeep Kumar Shrestha and Surya Life Insurance CEO Shivanath Pandey signed the agreement on Monday, October 30, reads a press statement issued by the bank. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6592', 'image' => '20171101015522_tinau.jpg', 'article_date' => '2017-11-01 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' => '6824', 'article_category_id' => '1', 'title' => 'Chandragiri Cable Car signs Agreement with Turkish Airlines', 'sub_title' => '', 'summary' => 'November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers. ', 'content' => '<p>November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers. As per the agreement, customers of the cable car company are entitled to discounts while travelling via Turkish Airlines while the airlines’ customers will also get discount from the cable car company. </p> ', 'published' => true, 'created' => '2017-11-03', 'modified' => '2017-11-03', 'keywords' => '', 'description' => '', 'sortorder' => '6606', 'image' => null, 'article_date' => '2017-11-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6822', 'article_category_id' => '1', 'title' => 'Importers Hit Hard by Failure to Clear Goods from Kolkata Port', 'sub_title' => '', 'summary' => 'November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in India.', 'content' => '<p>November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in India. Currently, more than 2,500 containers are in queue, waiting for being loaded away from there.</p> <p>Importers in Nepal have been paying hefty fines to the harbour after failing to clear the containers in time due to problems in transporting them. The transportation of the goods has been affected by various hurdles that have ensued with the Indian Railways used for carrying the goods up to the Nepali border.</p> <p>Nepal extensively relies on Kolkata port for import and export of goods. Ashok Kumar Temani, coordinator of the road and transportation committee of the Federation of Nepalese Chambers of Commerce and Industry, said that the problem has been mounting due to the failure to address the issue since years.</p> <p>According to Temani, the containers have been stuck in Kolkata since a month. After unloading the containers, the shipping companies provide a maximum of 21 days’ time to clear the goods. However, the goods get stuck for a month at the harbor itself, say the entrepreneurs.</p> <p>“We have been facing such problems as our government is not serious about this issue,” said Temani.</p> <p>“Importers have been forced to pay a fine of up to Rs 300,000 for a single container,” he added. </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6605', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6821', 'article_category_id' => '1', 'title' => 'Number of Tourists up in Ghorepani and Poonhill', 'sub_title' => '', 'summary' => 'November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this season.', 'content' => '<p>November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this season.</p> <p>Located in the Annapurna Circuit, many tourists prefer these two places to the view of mountain ranges and sunrise from Ghorepani and Poonhill.</p> <p>Around 500 domestic and foreign tourists visit Poonhill, situated at an altitude of 3,210 meters from the sea level on a daily basis, on daily basis. With the start of autumn, the hotels at Ghorepani, which serves as an entrance to Poonhill, are getting packed.</p> <p>According to Ghodepani Tourist Police Station, 5,835 foreign tourists have entered Ghorepani till October 14 this year. There are 22 hotels and lodges providing services to the tourists at Ghorepani.</p> <p>Sushil Pun, vice-president of Ghorepani Hotel Management Sub-committee, said that the hotel entrepreneurs are expanding their capacity keeping in view the flow of tourists.</p> <p>Meanwhile, the locals in coordination with Annapurna Conservation Area Project (ACAP) have initiated a campaign for rhododendron conservation in the region. </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6604', 'image' => '20171102015443_ass.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6820', 'article_category_id' => '1', 'title' => 'Global IME Bank launches 3D secure service', 'sub_title' => '', 'summary' => 'November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online transactions.', 'content' => '<p>November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online transactions.</p> <p>Issuing a press statement, the bank said it is one of the first few banks that offers such service in Nepal.</p> <p>This service allows GIBL credit card holders to use their cards during online transactions and allow them to participate in verified by Visa process. The new value-added service by Global IME Bank is an extension of the banks mission to reiterate its commitment to its consumers to meet the needs of an ever-changing market in terms of security, technology, and financial solutions, according to the statement.</p> <p>“The few simple steps will enable cardholders to activate the new feature while performing first ecommerce transaction where customers need to enroll and set credentials for future usage. Subsequent online purchases will then be validated with additional layer of security for cardholder’s authentication. Global IME Bank in association with VISA has partnered with Izealiant Technologies for implementing this solution that provides flexibility to choose authentication types like password or OTP depending upon customer preference,” reads the statement.</p> <p>As a direct benefit, GIBL cardholders can now enjoy additional security for their online card usage on various ecommerce sites worldwide. The protective feature enables the bank to authenticate not only the card but also the cardholder during payment of internet purchases thus protecting their online transactions against theft and illegal use of cards, it stated. </p> <p>Janak Sharma Poudyal, Acting CEO at Global IME Bank said: “Our new 3D Secure Service for cardholders plays a significant role as it enhances security which is a critical aspect of any online business transaction. This along with our impressive card features ensures that we always meet the evolving security needs of our customers to give them a world class banking experience.”</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6603', 'image' => '20171102013636_Clipboard01.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6813', 'article_category_id' => '1', 'title' => 'NOC Rolls Back Price Hike of Petroleum Products', 'sub_title' => '', 'summary' => 'November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November 1.', 'content' => '<p>November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November 1.</p> <p>According to informed sources, the state-owned oil monopoly decided to revoke its decision to hike fuel prices upon the instructions of Prime Minister Sher Bahadur Deuba, who expressed his annoyance saying that the decision could impact the election results.</p> <p>NOC had earlier decided to hike the prices effective from Wednesday midnight. As per the instructions of PM Deuba, Minister for Supplies Jayant Chand instructed NOC to withdraw the price hike. NOC said that the petroleum products will now be available at the same old rates. </p> <p>NOC said it hiked the prices on November 1 to adjust with the price hike of crude oil in the international market. NOC had increased Rs 2 per litre on petrol, diesel and kerosene while it had raised the price of cooking gas (LPG) by Rs 25. According to NOC, the prime minister’s instruction to withdraw price hike will cause a loss of Rs 220 million.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6602', 'image' => '20171102125544_noc.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6814', 'article_category_id' => '1', 'title' => 'Business Environment Improves in Nepal: WB report', 'sub_title' => '', 'summary' => 'November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB) report.', 'content' => '<p>November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB) report.</p> <p>The 15th annual edition of Doing Business report published by the WB on October 31 has commended greater corporate transparency in Nepal during last year.</p> <p>According to the report, Nepal’s economy ranks third among South Asian countries in terms of business environment.</p> <p>“The region’s top ranked economies are Bhutan, in 75th place, India (100), and Nepal (105),” the report states.</p> <p>According to the report, South Asian economies carried out a record 20 business reforms in the past year, bringing to a total of 127 the number of reforms enacted in the region over the past 15 years.</p> <p>A major focus of reforms in the past year were in the area of protecting minority investors, with half of the region’s eight economies implementing measures to strengthen protections for minority shareholders.</p> <p>“The reforms included enhanced remedies to address cases of prejudicial transactions between interested parties in India; rules to clarify ownership and control structures in Bhutan; greater corporate transparency in Nepal; and facilitating legal action against directors in case of prejudicial transactions with interested parties in Pakistan,” the report states.</p> <p> “With three-quarters of regional economies making positive reforms, it’s no surprise that this is a record year for regional reforms. India, as the largest economy in the region, is leading by example with its eight reforms,” said Rita Ramalho, acting director of the World Bank’s Global Indicators Group, which produces the report Doing Business 2018: Reforming to Create Jobs.</p> <p> Other reforms in India also included the creation of an online single window system to enhance the process of dealing with construction permits; consolidating forms for starting a business; and reducing paperwork for paying taxes; and introduction of new insolvency and bankruptcy code to make resolving insolvency easier, the reports states.</p> <p> Bhutan, the region’s top-ranked economy, also implemented four reforms to make it easier to register a new business, improve access to credit, and enhance the enforcement of contracts.</p> <p> The report says that the region’s economies perform well in the doing business areas of ‘protecting minority investors’ and ‘staring a business’. Registering a new business, for example, takes an average of 15.5 days, which is faster than the current global average of 20 days, and a significant improvement over the 50 days it took to start a business in the region 15 years ago.</p> <p>The region lags in areas such as registering property and resolving insolvency. It takes an average of 112 days to register property in South Asia, compared with the global average of 49.5 days. And, creditors for resolving insolvency recover about one-third of the property value, which is less than half of the recovery rate of 71.2 percent in OECD high-income economies.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6601', 'image' => '20171102125646_wb.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6816', 'article_category_id' => '1', 'title' => 'Nabil Bank launches ViberBanking', 'sub_title' => '', 'summary' => 'November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. ', 'content' => '<p>November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. Issuing a press statement, Nabil Bank said that ViberBanking is a chat-bot enabled service integrated with the public account of the bank on Viber.</p> <p>“A chat-bot is a service powered by rules and artificial intelligence that one interacts with via a chat interface of Viber. By using Nabil ViberBanking, customers of the Bank can access their bank account and perform various activities such as check account balance, mini-statement, check account details, make exchange rate/interest rate queries, etc,” reads the statement.</p> <p>Nabil ViberBanking customers can also obtain the latest news/notices, information about the bank’s branches and ATM locations, banking hour information, information about products/promotions being offered by the bank. Customers can register themselves for this service through the public account of Nabil Bank available on Viber. </p> <p>"This service is a milestone in Nepali banking sector which will help promote digital banking to the next level by facilitating online access to customers' accounts enabling them to have their bank on their finger tips," said CEO of Nabil Bank, Sashin Joshi.</p> <p>During FY 2016/17, Nabil Bank said it was successful in posting the highest profit in the industry at Rs 3.613 billion on a balance sheet size of Rs 140.33 billion with Return of Equity (ROE) of 26.65% and Earning Per Share (EPS) of Rs 58.41. The Bank has distributed 48% (30% bonus + 18% cash) for the year. The Bank has also earned a net profit of Rs 851 million in the first quarter under the current fiscal year 2017/18.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6600', 'image' => 'Nabil Bank on Rakuten Viber 01-01.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6817', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Opens Branch in Pathari', 'sub_title' => '', 'summary' => 'November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang.', 'content' => '<p>November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang. The municipality’s Mayor Dilip Kumar Rai inaugurated the branch amid a function on November 1.</p> <p>NIC ASIA Bank claimed that it is one of the largest private commercial banks in the country in terms of capital base, balance-sheet size, customer base, number of branches and ATM network. With the formal inauguration of the Pathari branch, the bank is currently providing services to its customers through 133 branches and 141 ATM counters, spread all over the country.</p> <p>The bank said it has a strategy to reach every possible market for better service to its customers. <a name="_GoBack"></a></p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6599', 'image' => 'image001.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6818', 'article_category_id' => '1', 'title' => 'Balaju Autoworks Starts Mobile Service for Mahindra Vehicles', 'sub_title' => '', 'summary' => 'November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra vehicles.', 'content' => '<p>November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra vehicles. Issuing a statement, the company said if any Mahindra vehicle breaks down, the mechanic team will reach the spot and repair it. “The service is available in Kathmandu valley at the moment and will be expanded to other major cities of Nepal in the near future,” the statement added.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6598', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6815', 'article_category_id' => '1', 'title' => 'OPPO Announces Sidharth Malhotra as New Brand Ambassador', 'sub_title' => '', 'summary' => 'November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand ambassador.', 'content' => '<p>November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand ambassador.</p> <p>Issuing a press statement, the company said that Sidharth Malhotra is a well renowned and uprising movie star in Indian film industry. OPPO said it is also incorporating with one of the most influential diva and film star, Deepika Padukone as its female brand ambassador.</p> <p>OPPO is on the verge of launching its all new Selfie Expert and leader "OPPO F5" in the Nepali market, the statement said. OPPO F5 is said to be launched in mid-November in Nepal. For F5's promotion, OPPO is running various campaigns in its official social media pages such as Facebook, Twitter, Instagram etc. </p> <p>OPPO Nepal had held a social media campaign "Guess the ambassador" to indulge its fans in its campaign. OPPO announced its male brand ambassador on October 29, launching a video of the renowned actor. Pravina Shrestha has been declared the winner of "Guess the Ambassador" campaign.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6597', 'image' => '20171102124506_Sidharth malhotra.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6819', 'article_category_id' => '1', 'title' => 'Himalayan Bank Announces Bonus Share and Cash Dividend', 'sub_title' => '', 'summary' => 'November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.', 'content' => '<p style="text-align:justify">November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.</p> <p style="text-align:justify">Issuing a press statement, the bank said its board meeting held on October 31 has decided to provide 25 percent bonus share and 1.3158 percent cash dividend (for tax purpose) to its shareholders from the profit of fiscal year 2016/17.</p> <p style="text-align:justify">This decision is subject to the approval of the upcoming 25<sup>th</sup> Annual General Meeting and Nepal Rastra Bank, the bank said in as statement.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6596', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6812', 'article_category_id' => '1', 'title' => 'Infrastructure Development a Must: Tourism Entrepreneurs', 'sub_title' => '', 'summary' => 'November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of tourism.', 'content' => '<p>November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of tourism.</p> <p>They urged the government to develop basic infrastructures of the nation, which will help in the overall development of the tourism sector.</p> <p>Speaking at a program organised in Kathmandu on Tuesday, they said that there is a huge potential of tourism in the country, but the negligence on part of the government has hit tourism entrepreneurs hard.</p> <p>The program was organised by Hotel Association of Nepal (HAN). According to Amar Man Shakya, president of HAN, the private sector is ready to invest in this tourism.</p> <p>“All the state-owned bodies like Nepal Airlines Corporation (NAC), Tribhuvan International Airport (TIA), and other agencies should work together with private sector to develop tourism industry,” he said.</p> <p>Similarly, Lilamani Pokhrel, a Maoist Centre leader, said that the flow of remittance to the country will not help the country’s economy in the long run. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6595', 'image' => null, 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6811', 'article_category_id' => '1', 'title' => 'Garima Opens Four Branches', 'sub_title' => '', 'summary' => 'November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country. ', 'content' => '<p>November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country. The new branches have been opened at Kapilbastu’s Chandrauta, Rupandehi’s Farsatikar, Khaireni and Manigram, reads a statement issued by the bank. The bank now has a total of 49 branches across the country, informed the bank’s CEO Govinda Prasad Dhakal.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6594', 'image' => '20171101015630_garima.jpg', 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6810', 'article_category_id' => '1', 'title' => 'Gurans Launches New Insurance Policy', 'sub_title' => '', 'summary' => 'November 1: Gurans Life Insurance Company has launched a new insurance scheme.', 'content' => '<p>November 1: Gurans Life Insurance Company has launched a new insurance scheme. The company announced the launch of ‘Gurans secured future life insurance scheme’ amid a function organised in Godavari, Lalitpur on Tuesday, October 31. Chief guest Deepak Nepal as well as the company’s board members Apachkumar Yadav, Shiva Bahadur Shrestha, Meghraj Poudel and Shambhu Prasad Subedi jointly unveiled the scheme during the function.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6593', 'image' => null, 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6809', 'article_category_id' => '1', 'title' => 'Tinau, Surya Sign Bancasurrance Agreement', 'sub_title' => '', 'summary' => 'November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance service.', 'content' => '<p>November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance service. As per the agreement, the bank’s customers can purchase insurance policies of Surya Life Insurance from any branch of the bank. The bank’s CEO Pradeep Kumar Shrestha and Surya Life Insurance CEO Shivanath Pandey signed the agreement on Monday, October 30, reads a press statement issued by the bank. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6592', 'image' => '20171101015522_tinau.jpg', 'article_date' => '2017-11-01 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' => '6824', 'article_category_id' => '1', 'title' => 'Chandragiri Cable Car signs Agreement with Turkish Airlines', 'sub_title' => '', 'summary' => 'November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers. ', 'content' => '<p>November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers. As per the agreement, customers of the cable car company are entitled to discounts while travelling via Turkish Airlines while the airlines’ customers will also get discount from the cable car company. </p> ', 'published' => true, 'created' => '2017-11-03', 'modified' => '2017-11-03', 'keywords' => '', 'description' => '', 'sortorder' => '6606', 'image' => null, 'article_date' => '2017-11-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6822', 'article_category_id' => '1', 'title' => 'Importers Hit Hard by Failure to Clear Goods from Kolkata Port', 'sub_title' => '', 'summary' => 'November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in India.', 'content' => '<p>November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in India. Currently, more than 2,500 containers are in queue, waiting for being loaded away from there.</p> <p>Importers in Nepal have been paying hefty fines to the harbour after failing to clear the containers in time due to problems in transporting them. The transportation of the goods has been affected by various hurdles that have ensued with the Indian Railways used for carrying the goods up to the Nepali border.</p> <p>Nepal extensively relies on Kolkata port for import and export of goods. Ashok Kumar Temani, coordinator of the road and transportation committee of the Federation of Nepalese Chambers of Commerce and Industry, said that the problem has been mounting due to the failure to address the issue since years.</p> <p>According to Temani, the containers have been stuck in Kolkata since a month. After unloading the containers, the shipping companies provide a maximum of 21 days’ time to clear the goods. However, the goods get stuck for a month at the harbor itself, say the entrepreneurs.</p> <p>“We have been facing such problems as our government is not serious about this issue,” said Temani.</p> <p>“Importers have been forced to pay a fine of up to Rs 300,000 for a single container,” he added. </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6605', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6821', 'article_category_id' => '1', 'title' => 'Number of Tourists up in Ghorepani and Poonhill', 'sub_title' => '', 'summary' => 'November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this season.', 'content' => '<p>November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this season.</p> <p>Located in the Annapurna Circuit, many tourists prefer these two places to the view of mountain ranges and sunrise from Ghorepani and Poonhill.</p> <p>Around 500 domestic and foreign tourists visit Poonhill, situated at an altitude of 3,210 meters from the sea level on a daily basis, on daily basis. With the start of autumn, the hotels at Ghorepani, which serves as an entrance to Poonhill, are getting packed.</p> <p>According to Ghodepani Tourist Police Station, 5,835 foreign tourists have entered Ghorepani till October 14 this year. There are 22 hotels and lodges providing services to the tourists at Ghorepani.</p> <p>Sushil Pun, vice-president of Ghorepani Hotel Management Sub-committee, said that the hotel entrepreneurs are expanding their capacity keeping in view the flow of tourists.</p> <p>Meanwhile, the locals in coordination with Annapurna Conservation Area Project (ACAP) have initiated a campaign for rhododendron conservation in the region. </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6604', 'image' => '20171102015443_ass.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6820', 'article_category_id' => '1', 'title' => 'Global IME Bank launches 3D secure service', 'sub_title' => '', 'summary' => 'November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online transactions.', 'content' => '<p>November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online transactions.</p> <p>Issuing a press statement, the bank said it is one of the first few banks that offers such service in Nepal.</p> <p>This service allows GIBL credit card holders to use their cards during online transactions and allow them to participate in verified by Visa process. The new value-added service by Global IME Bank is an extension of the banks mission to reiterate its commitment to its consumers to meet the needs of an ever-changing market in terms of security, technology, and financial solutions, according to the statement.</p> <p>“The few simple steps will enable cardholders to activate the new feature while performing first ecommerce transaction where customers need to enroll and set credentials for future usage. Subsequent online purchases will then be validated with additional layer of security for cardholder’s authentication. Global IME Bank in association with VISA has partnered with Izealiant Technologies for implementing this solution that provides flexibility to choose authentication types like password or OTP depending upon customer preference,” reads the statement.</p> <p>As a direct benefit, GIBL cardholders can now enjoy additional security for their online card usage on various ecommerce sites worldwide. The protective feature enables the bank to authenticate not only the card but also the cardholder during payment of internet purchases thus protecting their online transactions against theft and illegal use of cards, it stated. </p> <p>Janak Sharma Poudyal, Acting CEO at Global IME Bank said: “Our new 3D Secure Service for cardholders plays a significant role as it enhances security which is a critical aspect of any online business transaction. This along with our impressive card features ensures that we always meet the evolving security needs of our customers to give them a world class banking experience.”</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6603', 'image' => '20171102013636_Clipboard01.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6813', 'article_category_id' => '1', 'title' => 'NOC Rolls Back Price Hike of Petroleum Products', 'sub_title' => '', 'summary' => 'November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November 1.', 'content' => '<p>November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November 1.</p> <p>According to informed sources, the state-owned oil monopoly decided to revoke its decision to hike fuel prices upon the instructions of Prime Minister Sher Bahadur Deuba, who expressed his annoyance saying that the decision could impact the election results.</p> <p>NOC had earlier decided to hike the prices effective from Wednesday midnight. As per the instructions of PM Deuba, Minister for Supplies Jayant Chand instructed NOC to withdraw the price hike. NOC said that the petroleum products will now be available at the same old rates. </p> <p>NOC said it hiked the prices on November 1 to adjust with the price hike of crude oil in the international market. NOC had increased Rs 2 per litre on petrol, diesel and kerosene while it had raised the price of cooking gas (LPG) by Rs 25. According to NOC, the prime minister’s instruction to withdraw price hike will cause a loss of Rs 220 million.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6602', 'image' => '20171102125544_noc.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6814', 'article_category_id' => '1', 'title' => 'Business Environment Improves in Nepal: WB report', 'sub_title' => '', 'summary' => 'November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB) report.', 'content' => '<p>November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB) report.</p> <p>The 15th annual edition of Doing Business report published by the WB on October 31 has commended greater corporate transparency in Nepal during last year.</p> <p>According to the report, Nepal’s economy ranks third among South Asian countries in terms of business environment.</p> <p>“The region’s top ranked economies are Bhutan, in 75th place, India (100), and Nepal (105),” the report states.</p> <p>According to the report, South Asian economies carried out a record 20 business reforms in the past year, bringing to a total of 127 the number of reforms enacted in the region over the past 15 years.</p> <p>A major focus of reforms in the past year were in the area of protecting minority investors, with half of the region’s eight economies implementing measures to strengthen protections for minority shareholders.</p> <p>“The reforms included enhanced remedies to address cases of prejudicial transactions between interested parties in India; rules to clarify ownership and control structures in Bhutan; greater corporate transparency in Nepal; and facilitating legal action against directors in case of prejudicial transactions with interested parties in Pakistan,” the report states.</p> <p> “With three-quarters of regional economies making positive reforms, it’s no surprise that this is a record year for regional reforms. India, as the largest economy in the region, is leading by example with its eight reforms,” said Rita Ramalho, acting director of the World Bank’s Global Indicators Group, which produces the report Doing Business 2018: Reforming to Create Jobs.</p> <p> Other reforms in India also included the creation of an online single window system to enhance the process of dealing with construction permits; consolidating forms for starting a business; and reducing paperwork for paying taxes; and introduction of new insolvency and bankruptcy code to make resolving insolvency easier, the reports states.</p> <p> Bhutan, the region’s top-ranked economy, also implemented four reforms to make it easier to register a new business, improve access to credit, and enhance the enforcement of contracts.</p> <p> The report says that the region’s economies perform well in the doing business areas of ‘protecting minority investors’ and ‘staring a business’. Registering a new business, for example, takes an average of 15.5 days, which is faster than the current global average of 20 days, and a significant improvement over the 50 days it took to start a business in the region 15 years ago.</p> <p>The region lags in areas such as registering property and resolving insolvency. It takes an average of 112 days to register property in South Asia, compared with the global average of 49.5 days. And, creditors for resolving insolvency recover about one-third of the property value, which is less than half of the recovery rate of 71.2 percent in OECD high-income economies.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6601', 'image' => '20171102125646_wb.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6816', 'article_category_id' => '1', 'title' => 'Nabil Bank launches ViberBanking', 'sub_title' => '', 'summary' => 'November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. ', 'content' => '<p>November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. Issuing a press statement, Nabil Bank said that ViberBanking is a chat-bot enabled service integrated with the public account of the bank on Viber.</p> <p>“A chat-bot is a service powered by rules and artificial intelligence that one interacts with via a chat interface of Viber. By using Nabil ViberBanking, customers of the Bank can access their bank account and perform various activities such as check account balance, mini-statement, check account details, make exchange rate/interest rate queries, etc,” reads the statement.</p> <p>Nabil ViberBanking customers can also obtain the latest news/notices, information about the bank’s branches and ATM locations, banking hour information, information about products/promotions being offered by the bank. Customers can register themselves for this service through the public account of Nabil Bank available on Viber. </p> <p>"This service is a milestone in Nepali banking sector which will help promote digital banking to the next level by facilitating online access to customers' accounts enabling them to have their bank on their finger tips," said CEO of Nabil Bank, Sashin Joshi.</p> <p>During FY 2016/17, Nabil Bank said it was successful in posting the highest profit in the industry at Rs 3.613 billion on a balance sheet size of Rs 140.33 billion with Return of Equity (ROE) of 26.65% and Earning Per Share (EPS) of Rs 58.41. The Bank has distributed 48% (30% bonus + 18% cash) for the year. The Bank has also earned a net profit of Rs 851 million in the first quarter under the current fiscal year 2017/18.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6600', 'image' => 'Nabil Bank on Rakuten Viber 01-01.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6817', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Opens Branch in Pathari', 'sub_title' => '', 'summary' => 'November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang.', 'content' => '<p>November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang. The municipality’s Mayor Dilip Kumar Rai inaugurated the branch amid a function on November 1.</p> <p>NIC ASIA Bank claimed that it is one of the largest private commercial banks in the country in terms of capital base, balance-sheet size, customer base, number of branches and ATM network. With the formal inauguration of the Pathari branch, the bank is currently providing services to its customers through 133 branches and 141 ATM counters, spread all over the country.</p> <p>The bank said it has a strategy to reach every possible market for better service to its customers. <a name="_GoBack"></a></p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6599', 'image' => 'image001.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6818', 'article_category_id' => '1', 'title' => 'Balaju Autoworks Starts Mobile Service for Mahindra Vehicles', 'sub_title' => '', 'summary' => 'November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra vehicles.', 'content' => '<p>November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra vehicles. Issuing a statement, the company said if any Mahindra vehicle breaks down, the mechanic team will reach the spot and repair it. “The service is available in Kathmandu valley at the moment and will be expanded to other major cities of Nepal in the near future,” the statement added.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6598', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6815', 'article_category_id' => '1', 'title' => 'OPPO Announces Sidharth Malhotra as New Brand Ambassador', 'sub_title' => '', 'summary' => 'November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand ambassador.', 'content' => '<p>November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand ambassador.</p> <p>Issuing a press statement, the company said that Sidharth Malhotra is a well renowned and uprising movie star in Indian film industry. OPPO said it is also incorporating with one of the most influential diva and film star, Deepika Padukone as its female brand ambassador.</p> <p>OPPO is on the verge of launching its all new Selfie Expert and leader "OPPO F5" in the Nepali market, the statement said. OPPO F5 is said to be launched in mid-November in Nepal. For F5's promotion, OPPO is running various campaigns in its official social media pages such as Facebook, Twitter, Instagram etc. </p> <p>OPPO Nepal had held a social media campaign "Guess the ambassador" to indulge its fans in its campaign. OPPO announced its male brand ambassador on October 29, launching a video of the renowned actor. Pravina Shrestha has been declared the winner of "Guess the Ambassador" campaign.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6597', 'image' => '20171102124506_Sidharth malhotra.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6819', 'article_category_id' => '1', 'title' => 'Himalayan Bank Announces Bonus Share and Cash Dividend', 'sub_title' => '', 'summary' => 'November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.', 'content' => '<p style="text-align:justify">November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.</p> <p style="text-align:justify">Issuing a press statement, the bank said its board meeting held on October 31 has decided to provide 25 percent bonus share and 1.3158 percent cash dividend (for tax purpose) to its shareholders from the profit of fiscal year 2016/17.</p> <p style="text-align:justify">This decision is subject to the approval of the upcoming 25<sup>th</sup> Annual General Meeting and Nepal Rastra Bank, the bank said in as statement.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6596', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6812', 'article_category_id' => '1', 'title' => 'Infrastructure Development a Must: Tourism Entrepreneurs', 'sub_title' => '', 'summary' => 'November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of tourism.', 'content' => '<p>November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of tourism.</p> <p>They urged the government to develop basic infrastructures of the nation, which will help in the overall development of the tourism sector.</p> <p>Speaking at a program organised in Kathmandu on Tuesday, they said that there is a huge potential of tourism in the country, but the negligence on part of the government has hit tourism entrepreneurs hard.</p> <p>The program was organised by Hotel Association of Nepal (HAN). According to Amar Man Shakya, president of HAN, the private sector is ready to invest in this tourism.</p> <p>“All the state-owned bodies like Nepal Airlines Corporation (NAC), Tribhuvan International Airport (TIA), and other agencies should work together with private sector to develop tourism industry,” he said.</p> <p>Similarly, Lilamani Pokhrel, a Maoist Centre leader, said that the flow of remittance to the country will not help the country’s economy in the long run. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6595', 'image' => null, 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6811', 'article_category_id' => '1', 'title' => 'Garima Opens Four Branches', 'sub_title' => '', 'summary' => 'November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country. ', 'content' => '<p>November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country. The new branches have been opened at Kapilbastu’s Chandrauta, Rupandehi’s Farsatikar, Khaireni and Manigram, reads a statement issued by the bank. The bank now has a total of 49 branches across the country, informed the bank’s CEO Govinda Prasad Dhakal.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6594', 'image' => '20171101015630_garima.jpg', 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6810', 'article_category_id' => '1', 'title' => 'Gurans Launches New Insurance Policy', 'sub_title' => '', 'summary' => 'November 1: Gurans Life Insurance Company has launched a new insurance scheme.', 'content' => '<p>November 1: Gurans Life Insurance Company has launched a new insurance scheme. The company announced the launch of ‘Gurans secured future life insurance scheme’ amid a function organised in Godavari, Lalitpur on Tuesday, October 31. Chief guest Deepak Nepal as well as the company’s board members Apachkumar Yadav, Shiva Bahadur Shrestha, Meghraj Poudel and Shambhu Prasad Subedi jointly unveiled the scheme during the function.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6593', 'image' => null, 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6809', 'article_category_id' => '1', 'title' => 'Tinau, Surya Sign Bancasurrance Agreement', 'sub_title' => '', 'summary' => 'November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance service.', 'content' => '<p>November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance service. As per the agreement, the bank’s customers can purchase insurance policies of Surya Life Insurance from any branch of the bank. The bank’s CEO Pradeep Kumar Shrestha and Surya Life Insurance CEO Shivanath Pandey signed the agreement on Monday, October 30, reads a press statement issued by the bank. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6592', 'image' => '20171101015522_tinau.jpg', 'article_date' => '2017-11-01 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' => '6824', 'article_category_id' => '1', 'title' => 'Chandragiri Cable Car signs Agreement with Turkish Airlines', 'sub_title' => '', 'summary' => 'November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers. ', 'content' => '<p>November 3: Chandragiri Cable Car has signed an agreement with Turkish Airlines for providing concession to their customers. As per the agreement, customers of the cable car company are entitled to discounts while travelling via Turkish Airlines while the airlines’ customers will also get discount from the cable car company. </p> ', 'published' => true, 'created' => '2017-11-03', 'modified' => '2017-11-03', 'keywords' => '', 'description' => '', 'sortorder' => '6606', 'image' => null, 'article_date' => '2017-11-03 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6822', 'article_category_id' => '1', 'title' => 'Importers Hit Hard by Failure to Clear Goods from Kolkata Port', 'sub_title' => '', 'summary' => 'November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in India.', 'content' => '<p>November 2: Containers delivering goods to Nepal from third countries have been piled up at Kolkata’s harbour in India. Currently, more than 2,500 containers are in queue, waiting for being loaded away from there.</p> <p>Importers in Nepal have been paying hefty fines to the harbour after failing to clear the containers in time due to problems in transporting them. The transportation of the goods has been affected by various hurdles that have ensued with the Indian Railways used for carrying the goods up to the Nepali border.</p> <p>Nepal extensively relies on Kolkata port for import and export of goods. Ashok Kumar Temani, coordinator of the road and transportation committee of the Federation of Nepalese Chambers of Commerce and Industry, said that the problem has been mounting due to the failure to address the issue since years.</p> <p>According to Temani, the containers have been stuck in Kolkata since a month. After unloading the containers, the shipping companies provide a maximum of 21 days’ time to clear the goods. However, the goods get stuck for a month at the harbor itself, say the entrepreneurs.</p> <p>“We have been facing such problems as our government is not serious about this issue,” said Temani.</p> <p>“Importers have been forced to pay a fine of up to Rs 300,000 for a single container,” he added. </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6605', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6821', 'article_category_id' => '1', 'title' => 'Number of Tourists up in Ghorepani and Poonhill', 'sub_title' => '', 'summary' => 'November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this season.', 'content' => '<p>November 2: Annapurna region’s popular tourist destinations Ghorepani and Poonhill are full of visitors this season.</p> <p>Located in the Annapurna Circuit, many tourists prefer these two places to the view of mountain ranges and sunrise from Ghorepani and Poonhill.</p> <p>Around 500 domestic and foreign tourists visit Poonhill, situated at an altitude of 3,210 meters from the sea level on a daily basis, on daily basis. With the start of autumn, the hotels at Ghorepani, which serves as an entrance to Poonhill, are getting packed.</p> <p>According to Ghodepani Tourist Police Station, 5,835 foreign tourists have entered Ghorepani till October 14 this year. There are 22 hotels and lodges providing services to the tourists at Ghorepani.</p> <p>Sushil Pun, vice-president of Ghorepani Hotel Management Sub-committee, said that the hotel entrepreneurs are expanding their capacity keeping in view the flow of tourists.</p> <p>Meanwhile, the locals in coordination with Annapurna Conservation Area Project (ACAP) have initiated a campaign for rhododendron conservation in the region. </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6604', 'image' => '20171102015443_ass.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6820', 'article_category_id' => '1', 'title' => 'Global IME Bank launches 3D secure service', 'sub_title' => '', 'summary' => 'November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online transactions.', 'content' => '<p>November 2: Global IME Bank Limited (GIBL) announced that it has launched 3D secure services for its credit cardholders to perform online transactions.</p> <p>Issuing a press statement, the bank said it is one of the first few banks that offers such service in Nepal.</p> <p>This service allows GIBL credit card holders to use their cards during online transactions and allow them to participate in verified by Visa process. The new value-added service by Global IME Bank is an extension of the banks mission to reiterate its commitment to its consumers to meet the needs of an ever-changing market in terms of security, technology, and financial solutions, according to the statement.</p> <p>“The few simple steps will enable cardholders to activate the new feature while performing first ecommerce transaction where customers need to enroll and set credentials for future usage. Subsequent online purchases will then be validated with additional layer of security for cardholder’s authentication. Global IME Bank in association with VISA has partnered with Izealiant Technologies for implementing this solution that provides flexibility to choose authentication types like password or OTP depending upon customer preference,” reads the statement.</p> <p>As a direct benefit, GIBL cardholders can now enjoy additional security for their online card usage on various ecommerce sites worldwide. The protective feature enables the bank to authenticate not only the card but also the cardholder during payment of internet purchases thus protecting their online transactions against theft and illegal use of cards, it stated. </p> <p>Janak Sharma Poudyal, Acting CEO at Global IME Bank said: “Our new 3D Secure Service for cardholders plays a significant role as it enhances security which is a critical aspect of any online business transaction. This along with our impressive card features ensures that we always meet the evolving security needs of our customers to give them a world class banking experience.”</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6603', 'image' => '20171102013636_Clipboard01.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6813', 'article_category_id' => '1', 'title' => 'NOC Rolls Back Price Hike of Petroleum Products', 'sub_title' => '', 'summary' => 'November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November 1.', 'content' => '<p>November 2: An emergency board meeting of Nepal Oil Corporation on Thursday decided to roll back the price hike of petroleum products which it had announced overnight on November 1.</p> <p>According to informed sources, the state-owned oil monopoly decided to revoke its decision to hike fuel prices upon the instructions of Prime Minister Sher Bahadur Deuba, who expressed his annoyance saying that the decision could impact the election results.</p> <p>NOC had earlier decided to hike the prices effective from Wednesday midnight. As per the instructions of PM Deuba, Minister for Supplies Jayant Chand instructed NOC to withdraw the price hike. NOC said that the petroleum products will now be available at the same old rates. </p> <p>NOC said it hiked the prices on November 1 to adjust with the price hike of crude oil in the international market. NOC had increased Rs 2 per litre on petrol, diesel and kerosene while it had raised the price of cooking gas (LPG) by Rs 25. According to NOC, the prime minister’s instruction to withdraw price hike will cause a loss of Rs 220 million.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6602', 'image' => '20171102125544_noc.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6814', 'article_category_id' => '1', 'title' => 'Business Environment Improves in Nepal: WB report', 'sub_title' => '', 'summary' => 'November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB) report.', 'content' => '<p>November 2: The prospect of business environment in Nepal has improved in the last one year, says a recent World Bank (WB) report.</p> <p>The 15th annual edition of Doing Business report published by the WB on October 31 has commended greater corporate transparency in Nepal during last year.</p> <p>According to the report, Nepal’s economy ranks third among South Asian countries in terms of business environment.</p> <p>“The region’s top ranked economies are Bhutan, in 75th place, India (100), and Nepal (105),” the report states.</p> <p>According to the report, South Asian economies carried out a record 20 business reforms in the past year, bringing to a total of 127 the number of reforms enacted in the region over the past 15 years.</p> <p>A major focus of reforms in the past year were in the area of protecting minority investors, with half of the region’s eight economies implementing measures to strengthen protections for minority shareholders.</p> <p>“The reforms included enhanced remedies to address cases of prejudicial transactions between interested parties in India; rules to clarify ownership and control structures in Bhutan; greater corporate transparency in Nepal; and facilitating legal action against directors in case of prejudicial transactions with interested parties in Pakistan,” the report states.</p> <p> “With three-quarters of regional economies making positive reforms, it’s no surprise that this is a record year for regional reforms. India, as the largest economy in the region, is leading by example with its eight reforms,” said Rita Ramalho, acting director of the World Bank’s Global Indicators Group, which produces the report Doing Business 2018: Reforming to Create Jobs.</p> <p> Other reforms in India also included the creation of an online single window system to enhance the process of dealing with construction permits; consolidating forms for starting a business; and reducing paperwork for paying taxes; and introduction of new insolvency and bankruptcy code to make resolving insolvency easier, the reports states.</p> <p> Bhutan, the region’s top-ranked economy, also implemented four reforms to make it easier to register a new business, improve access to credit, and enhance the enforcement of contracts.</p> <p> The report says that the region’s economies perform well in the doing business areas of ‘protecting minority investors’ and ‘staring a business’. Registering a new business, for example, takes an average of 15.5 days, which is faster than the current global average of 20 days, and a significant improvement over the 50 days it took to start a business in the region 15 years ago.</p> <p>The region lags in areas such as registering property and resolving insolvency. It takes an average of 112 days to register property in South Asia, compared with the global average of 49.5 days. And, creditors for resolving insolvency recover about one-third of the property value, which is less than half of the recovery rate of 71.2 percent in OECD high-income economies.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6601', 'image' => '20171102125646_wb.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6816', 'article_category_id' => '1', 'title' => 'Nabil Bank launches ViberBanking', 'sub_title' => '', 'summary' => 'November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. ', 'content' => '<p>November 2: Nabil Bank is has announce the launch of “Nabil ViberBanking” for its customers for the first time in Nepal. Issuing a press statement, Nabil Bank said that ViberBanking is a chat-bot enabled service integrated with the public account of the bank on Viber.</p> <p>“A chat-bot is a service powered by rules and artificial intelligence that one interacts with via a chat interface of Viber. By using Nabil ViberBanking, customers of the Bank can access their bank account and perform various activities such as check account balance, mini-statement, check account details, make exchange rate/interest rate queries, etc,” reads the statement.</p> <p>Nabil ViberBanking customers can also obtain the latest news/notices, information about the bank’s branches and ATM locations, banking hour information, information about products/promotions being offered by the bank. Customers can register themselves for this service through the public account of Nabil Bank available on Viber. </p> <p>"This service is a milestone in Nepali banking sector which will help promote digital banking to the next level by facilitating online access to customers' accounts enabling them to have their bank on their finger tips," said CEO of Nabil Bank, Sashin Joshi.</p> <p>During FY 2016/17, Nabil Bank said it was successful in posting the highest profit in the industry at Rs 3.613 billion on a balance sheet size of Rs 140.33 billion with Return of Equity (ROE) of 26.65% and Earning Per Share (EPS) of Rs 58.41. The Bank has distributed 48% (30% bonus + 18% cash) for the year. The Bank has also earned a net profit of Rs 851 million in the first quarter under the current fiscal year 2017/18.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6600', 'image' => 'Nabil Bank on Rakuten Viber 01-01.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6817', 'article_category_id' => '1', 'title' => 'NIC ASIA Bank Opens Branch in Pathari', 'sub_title' => '', 'summary' => 'November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang.', 'content' => '<p>November 2: NIC ASIA Bank has opened a branch at Pathari Sanischare Municipality-1, Morang. The municipality’s Mayor Dilip Kumar Rai inaugurated the branch amid a function on November 1.</p> <p>NIC ASIA Bank claimed that it is one of the largest private commercial banks in the country in terms of capital base, balance-sheet size, customer base, number of branches and ATM network. With the formal inauguration of the Pathari branch, the bank is currently providing services to its customers through 133 branches and 141 ATM counters, spread all over the country.</p> <p>The bank said it has a strategy to reach every possible market for better service to its customers. <a name="_GoBack"></a></p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6599', 'image' => 'image001.png', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6818', 'article_category_id' => '1', 'title' => 'Balaju Autoworks Starts Mobile Service for Mahindra Vehicles', 'sub_title' => '', 'summary' => 'November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra vehicles.', 'content' => '<p>November 2: Balaju Autoworks, the authorized service centre of Agni Group, has started mobile service for Mahindra vehicles. Issuing a statement, the company said if any Mahindra vehicle breaks down, the mechanic team will reach the spot and repair it. “The service is available in Kathmandu valley at the moment and will be expanded to other major cities of Nepal in the near future,” the statement added.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6598', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6815', 'article_category_id' => '1', 'title' => 'OPPO Announces Sidharth Malhotra as New Brand Ambassador', 'sub_title' => '', 'summary' => 'November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand ambassador.', 'content' => '<p>November 2: OPPO on has announced Indian actor and former model Sidharth Malhotra as its new brand ambassador.</p> <p>Issuing a press statement, the company said that Sidharth Malhotra is a well renowned and uprising movie star in Indian film industry. OPPO said it is also incorporating with one of the most influential diva and film star, Deepika Padukone as its female brand ambassador.</p> <p>OPPO is on the verge of launching its all new Selfie Expert and leader "OPPO F5" in the Nepali market, the statement said. OPPO F5 is said to be launched in mid-November in Nepal. For F5's promotion, OPPO is running various campaigns in its official social media pages such as Facebook, Twitter, Instagram etc. </p> <p>OPPO Nepal had held a social media campaign "Guess the ambassador" to indulge its fans in its campaign. OPPO announced its male brand ambassador on October 29, launching a video of the renowned actor. Pravina Shrestha has been declared the winner of "Guess the Ambassador" campaign.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6597', 'image' => '20171102124506_Sidharth malhotra.jpg', 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6819', 'article_category_id' => '1', 'title' => 'Himalayan Bank Announces Bonus Share and Cash Dividend', 'sub_title' => '', 'summary' => 'November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.', 'content' => '<p style="text-align:justify">November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.</p> <p style="text-align:justify">Issuing a press statement, the bank said its board meeting held on October 31 has decided to provide 25 percent bonus share and 1.3158 percent cash dividend (for tax purpose) to its shareholders from the profit of fiscal year 2016/17.</p> <p style="text-align:justify">This decision is subject to the approval of the upcoming 25<sup>th</sup> Annual General Meeting and Nepal Rastra Bank, the bank said in as statement.</p> ', 'published' => true, 'created' => '2017-11-02', 'modified' => '2017-11-02', 'keywords' => '', 'description' => '', 'sortorder' => '6596', 'image' => null, 'article_date' => '2017-11-02 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6812', 'article_category_id' => '1', 'title' => 'Infrastructure Development a Must: Tourism Entrepreneurs', 'sub_title' => '', 'summary' => 'November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of tourism.', 'content' => '<p>November 1: Tourism entrepreneurs have stressed on the need to develop infrastructure in the country for growth of tourism.</p> <p>They urged the government to develop basic infrastructures of the nation, which will help in the overall development of the tourism sector.</p> <p>Speaking at a program organised in Kathmandu on Tuesday, they said that there is a huge potential of tourism in the country, but the negligence on part of the government has hit tourism entrepreneurs hard.</p> <p>The program was organised by Hotel Association of Nepal (HAN). According to Amar Man Shakya, president of HAN, the private sector is ready to invest in this tourism.</p> <p>“All the state-owned bodies like Nepal Airlines Corporation (NAC), Tribhuvan International Airport (TIA), and other agencies should work together with private sector to develop tourism industry,” he said.</p> <p>Similarly, Lilamani Pokhrel, a Maoist Centre leader, said that the flow of remittance to the country will not help the country’s economy in the long run. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6595', 'image' => null, 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6811', 'article_category_id' => '1', 'title' => 'Garima Opens Four Branches', 'sub_title' => '', 'summary' => 'November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country. ', 'content' => '<p>November 1: Garima Bikas Bank has extended its services with the opening of four branches in various places of the country. The new branches have been opened at Kapilbastu’s Chandrauta, Rupandehi’s Farsatikar, Khaireni and Manigram, reads a statement issued by the bank. The bank now has a total of 49 branches across the country, informed the bank’s CEO Govinda Prasad Dhakal.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6594', 'image' => '20171101015630_garima.jpg', 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6810', 'article_category_id' => '1', 'title' => 'Gurans Launches New Insurance Policy', 'sub_title' => '', 'summary' => 'November 1: Gurans Life Insurance Company has launched a new insurance scheme.', 'content' => '<p>November 1: Gurans Life Insurance Company has launched a new insurance scheme. The company announced the launch of ‘Gurans secured future life insurance scheme’ amid a function organised in Godavari, Lalitpur on Tuesday, October 31. Chief guest Deepak Nepal as well as the company’s board members Apachkumar Yadav, Shiva Bahadur Shrestha, Meghraj Poudel and Shambhu Prasad Subedi jointly unveiled the scheme during the function.</p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6593', 'image' => null, 'article_date' => '2017-11-01 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6809', 'article_category_id' => '1', 'title' => 'Tinau, Surya Sign Bancasurrance Agreement', 'sub_title' => '', 'summary' => 'November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance service.', 'content' => '<p>November 1: Tinau Bikas Bank and Surya Life Insurance have signed an agreement to provide bancassurance service. As per the agreement, the bank’s customers can purchase insurance policies of Surya Life Insurance from any branch of the bank. The bank’s CEO Pradeep Kumar Shrestha and Surya Life Insurance CEO Shivanath Pandey signed the agreement on Monday, October 30, reads a press statement issued by the bank. </p> <p> </p> ', 'published' => true, 'created' => '2017-11-01', 'modified' => '2017-11-01', 'keywords' => '', 'description' => '', 'sortorder' => '6592', 'image' => '20171101015522_tinau.jpg', 'article_date' => '2017-11-01 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