Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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			'id' => '6594',
			'article_category_id' => '1',
			'title' => 'Interest for Deprived Sector Lending Doubles Within a Year',
			'sub_title' => '',
			'summary' => 'September 15: Nepal Rastra Bank’s efforts in poverty reduction by providing subsidised rates for deprived sector lending has double within a year.',
			'content' => '<p>September 15: Nepal Rastra Bank&rsquo;s efforts in poverty reduction by providing subsidised rates for deprived sector lending has double within a year. The rate of interest for the marginalised group was 5 percent at the beginning of last fiscal year 2016/17. But the rate has increased to 10 percent in the current fiscal year, as shown by the latest report published by the central bank. &nbsp;</p>

<p>As per the regulations set by Nepal Rastra Bank, commercial banks should provide at least 5 percent of their total lending to the deprived sector. Although such provision was introduced with the aim of reducing poverty, the deprived sector has been hard hit with the two-fold increase in the rate of interest.</p>

<p>The banks say that all types of interest have been increased due to lack of investible capital. They argue that it is not unnatural for the rise in interest rate for deprived sector lending.</p>

<p>As the majority of deprived sector lending is done by microfinance institutes, it is natural that the rate will rise when the cost of operation of the institutions increases, says NMB Bank&rsquo;s CEO Sunil KC.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'id' => '6593',
			'article_category_id' => '1',
			'title' => 'CAAN Signs Agreement with France For Air Safety Measures',
			'sub_title' => '',
			'summary' => 'September 15: Civil Aviation Authority of Nepal (CAAN) has signed an agreement with its French counterpart, Civil Aviation of France (CAF), for mutual cooperation and support in the aviation sector.',
			'content' => '<p>September 15: Civil Aviation Authority of Nepal (CAAN) has signed an agreement with its French counterpart, Civil Aviation of France (CAF), for mutual cooperation and support in the aviation sector.</p>

<p>The French team will support Nepal in improving air safety standards, informed CAAN.</p>

<p>CAAN General Manager Sanjeev Gautam and CAF&rsquo;s international mission Director Bernard Dey Lacomb signed the agreement on September 14 on behalf of their respective organizations.</p>

<p>During the function, Gautam said that this step was aimed at addressing the concerns raised by European Union and International Civil Aviation Organization (ICAO) regarding Nepal&rsquo;s &nbsp;air safety standards.</p>

<p>Nepal and France had earlier signed an agreement regarding civil aviation in 1997 and this latest agreement is expected to review the old agreements and move a step forward.</p>

<p>Meanwhile, Lacomb expressed his happiness to extend support in helping Nepal improve its air safety standards.</p>

<p>&nbsp;</p>
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			'id' => '6592',
			'article_category_id' => '1',
			'title' => 'Lumbini Provides Packed Food to Differently Abled Children',
			'sub_title' => '',
			'summary' => 'September 15: Lumbini Bikas Bank distributed food to differently abled children of Narayantar-based Khagendra Navajeevan Special Education School. ',
			'content' => '<p>September 15: Lumbini Bikas Bank distributed food to differently abled children of Narayantar-based Khagendra Navajeevan Special Education School. The bank took the initiative on the occasion of International Children&rsquo;s Day on Thursday, September 14&nbsp; as part of its corporate social responsibility. Altogether 350 children and teachers received the packed foods from the bank, reads a statement issued by the bank. Earlier, the bank had provided sound system to the same institution.</p>
',
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			'created' => '2017-09-15',
			'modified' => '2017-09-17',
			'keywords' => '',
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			'sortorder' => '6375',
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			'id' => '6591',
			'article_category_id' => '1',
			'title' => 'Volkswagen Announces Exchange Offer',
			'sub_title' => '',
			'summary' => 'September 15: The local distributor of Volkswagen in Gandaki and Dhaulagiri zones has started an exchange offer since September 15.',
			'content' => '<p>September 15: The local distributor of Volkswagen in Gandaki and Dhaulagiri zones has started an exchange offer since September 15. The three-day event organized by Outdrive Enterprises will conclude on September 17.</p>

<p>During the exchange offer to be held at Pokhara-based showroom of Volkswagen, people can bring vehicles of any brand and take away new models of Volkswagen after proper evaluation of the old vehicles, the organizer said in a statement.</p>

<p>&nbsp;Different models of Volkswagen including Polo, Cross Polo, Polo GT, OT Gear are available for exchange, the statement said.</p>

<p>Managing Director of Outdrive Enterprises Puneet Vaidhya informed that the customers can book new cars while they will be provided with good amount for the old cars.</p>

<p>Besides, the organizer has also set up food stalls and offers exchange bonus as well as test drive opportunity&nbsp; and special gift hampers.&nbsp;</p>
',
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			'created' => '2017-09-15',
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			'sortorder' => '6374',
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		'Article' => array(
			'id' => '6590',
			'article_category_id' => '1',
			'title' => 'Rs 30 Billion Invested on Financial Literacy',
			'sub_title' => '',
			'summary' => 'September 15: The World Bank has provided Rs 30 billion so far to help improve the financial literacy of Nepal.',
			'content' => '<p>September 15: The World Bank has provided Rs 30 billion so far to help improve the financial literacy of Nepal. The World Bank provided Rs 7 billion to Nepal between 2000 to 2009 to this end, informed Nara Bahadur Thapa, executive director at the research department of Nepal Rastra Bank.</p>

<p>Besides, Asian Development Bank has also provided Rs 15 billion for financial literacy. Thapa admitted that although such a large amount was invested for awareness campaigns and trainings in order to achieve financial literacy, they have not been able to meet their target as expected.</p>

<p>&ldquo;We cannot improve the financial literacy of Nepal by seeking for foreign support always. Therefore, the banks and financial institutions should take the initiative,&rdquo; said Thapa.</p>

<p>Speaking at the closing ceremony of a seven-day banking training organized by Media International in the capital on Thursday, September 14, Thapa highlighted the importance of financial literacy and shed light on the support received so far by the government in this regard.</p>

<p>According to Thapa, 34 percent population of Nepal have access to banking services while only 18 percent of the total population is financially literate. &nbsp;</p>
',
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		'Article' => array(
			'id' => '6589',
			'article_category_id' => '1',
			'title' => 'Tata Yodha Rolls-out on Nepali Roads',
			'sub_title' => '',
			'summary' => 'September 15: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, unveiled Tata Yodha amid a programme in the capital on September 14.',
			'content' => '<p>September 15: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, unveiled Tata Yodha amid a programme in the capital on September 14.</p>

<p>Speaking at the launching ceremony, Rudrarup Maitra, vice- president of Commercial Vehicles and International Business of Tata Motors said, &ldquo;Tata Yodha promises non-stop performance, unmatched comfort, integrated safety features, stylish looks and assured service guarantee.&rdquo;</p>

<p>&nbsp;He also claimed that the company will launch new variants under the Yodha series in six months.</p>

<p>Similarly, Siddhartha SJB Rana, chairman of Sipradi Trading, informed that the partnership with Tata Motors dates back to 1982 AD.</p>

<p>&ldquo;We, at Sipradi, will continue to support these products with the best purchase and help maintain high quality,&rdquo; he said, adding, &ldquo;The Tata Yodha with its promising features strengthens our belief in Tata Motors vehicles, which are known to offer high value proposition to the Nepalese customers, for their utility, ruggedness and fuel-efficiency.&rdquo;</p>

<p>According to a press release issued by the company, Tata Yodha comes with impressive features that give it a competitive edge.</p>

<p>&ldquo;It will be available in multiple variants equipped with a powerful 85 HP 3.0L engine generating 250Nm of torque, making it a category leader,&rdquo; reads the statement. Furthermore, its ground clearance make the new Tata Yodha suitable for diverse business requirements like transporting agro-produce (fruits and vegetable), poultry, fish, milk, cash van, service support vehicle at construction sites, the statement said.</p>
',
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			'id' => '6588',
			'article_category_id' => '1',
			'title' => 'Ford Volunteer Contribute for a Social Cause',
			'sub_title' => '',
			'summary' => 'September 15: Volunteers from Ford took part in community service on September 14 to mark the Ford Global Caring Month. ',
			'content' => '<p><strong>September 15: </strong>Volunteers from Ford took part in community service on September 14 to mark the Ford Global Caring Month. The company informed that altogether 40 volunteers were involved in the social activity</p>

<p>The community service was initiated jointly by GO Ford Nepal and Round Table Nepal as part of a series of activities to create equal opportunity for students to acquire education and basic sanitation knowledge, the company said in a statement.</p>

<p>&ldquo;September marks the 12<sup>th</sup> annual Ford Global Caring Month and thousands of Ford employees around the world &ndash; collectively known as the &lsquo;Ford Volunteer Corps&rsquo; &ndash; venture out into their communities to make people&rsquo;s lives better,&rdquo; the statement said.</p>

<p>&ldquo;We are proud to be part of Ford Global Caring Month, and are truly inspired by all the work that Ford employees, dealers and local partners are doing across the globe,&rdquo; said Akash Golchha, MD of G Automobiles, the authorised distributor of Ford in Nepal. &ldquo;Together, we are making a positive difference to the neighbourhoods and communities where we live and work.&rdquo;</p>

<p>The company said that more than 30,000 Ford volunteers will tackle more than 600 projects in six continents during September. Ford Motor Company Fund, the philanthropic arm of Ford Motor Company, will also contribute $600,000 in grants to purchase tools and supplies for many of the volunteer projects.</p>

<p>Since the launch of Ford Global Caring Month in 2005, Ford Volunteer Corps members have contributed more than one million hours of community service in 50 countries, representing more than $30 million of in-kind community investments, the company said.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'id' => '6587',
			'article_category_id' => '1',
			'title' => 'Himalayan Bank Provides Fellowship Award',
			'sub_title' => '',
			'summary' => 'September 15: Himalayan Bank Limited has awarded this year’s HBL-Daayitwa Fellowship Award-2017 to the Nepali nationals working in the public service sector.  ',
			'content' => '<p style="text-align: justify;">September 15: Himalayan Bank Limited has awarded this year&rsquo;s HBL-Daayitwa Fellowship Award-2017 to the Nepali nationals working in the public service sector. &nbsp;The bank said in a statement that it has been sponsoring six Nepali fellows since 2016.</p>

<p style="text-align: justify;">&ldquo;The fellows promote economic prosperity of the country working with various government agencies and policy makers to collaborate and innovate in the governance system,&rdquo; the statement said.</p>

<p style="text-align: justify;">CEO of HBL Ashoke SJB Rana handed over the cheque of sponsorship amount of Rs 504,000 to Dr Pukar Malla, executive director of Daayitwa amidst a function held at Himalayan Bank Ltd&rsquo;s corporate office on September 14. At the function Dr Malla had also handed over a token of appreciation to CEO Rana for the bank&rsquo;s valuable contribution to organize the fellowship program.&nbsp;</p>
',
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			'sortorder' => '6370',
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			'id' => '6586',
			'article_category_id' => '1',
			'title' => 'SEBON forms probe committee',
			'sub_title' => '',
			'summary' => 'September 14: Securities Board of Nepal (SEBON) has annulled the share transaction of Nepal Investment Bank on September 6. ',
			'content' => '<p><strong>September 14: Securities Board of Nepal (SEBON) has annulled the share transaction of Nepal Investment Bank on September 6. Nepse spokesperson Murahari Parajuli informed that the board had sent a written instruction to the bank in this regard.</strong></p>

<p><strong>On that particular day, 822 transactions worth Rs 70,976,846 for a total of 91,979 units of shares of the bank had taken place. </strong></p>

<p><strong>The bank had announced a notice on the website of Nepse on September 6 that it would issue 25 percent bonus shares and 16 percent cash dividend from the profit of fiscal year 2016/17. But later, it made a correction stating that it would issue 25 percent cash dividend and 15 percent bonus shares. </strong></p>

<p><strong>SEBON has already formed a three-member probe committee regarding this issue. The bank on its part has admitted that there were some typing errors leading to the mistake. </strong></p>

<p><strong>Meanwhile, SEBON spokesperson Niraj Giri said that the bank clarified the board that it made the error in haste and later made correction after being notified about the incident.</strong></p>
',
			'published' => true,
			'created' => '2017-09-14',
			'modified' => '2017-09-14',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6369',
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		'Article' => array(
			'id' => '6585',
			'article_category_id' => '1',
			'title' => 'Small and Cottage Industries Hard Hit by New Banking Provision',
			'sub_title' => '',
			'summary' => 'September 14: Small and cottage industries entrepreneurs have been hard hit by the government’s directive to deal with financial transactions worth more than Rs 1 million through banking channel from the current fiscal year 2017/18.',
			'content' => '<p>September 14: Small and cottage industries entrepreneurs have been hard hit by the government&rsquo;s directive to deal with financial transactions worth more than Rs 1 million through banking channel from the current fiscal year 2017/18.</p>

<p>Government decided to make banking transaction compulsory in a bid to control investment on money laundering and terrorism. But the entrepreneurs have been bearing the brunt of the decision.</p>

<p>In order to effectively implement the Money Laundering Prevention Act, 2064, the government has made it compulsory for individuals, firms, companies or organizations to go through banking transactions while buying or selling any services and goods worth more than Rs 1 million starting from the first month of the current FY.</p>

<p>The provision will not have much impact on big business houses, according to Shekhar Golchha, senior vice-president of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI).</p>

<p>Similarly, Rajesh Kaji Shrestha, president of Nepal Chamber of Commerce (NCC) mentioned that the traditional businesses are trying to adjust to the new system. However, small and cottage industry entrepreneurs said they are having a hard time due to the new directive.</p>

<p>According to the entrepreneurs, the provision has created problems specially while making payment for import raw materials. &ldquo;Despite having money, we are not able to bring goods,&rdquo; one of the entrepreneurs expressed his problem.</p>

<p>In addition, the entrepreneur said that in most of the situation transactions are done through cash payment and sometimes they also work in credit. &ldquo;The changed provision has created problems for small transactions,&rdquo; the entrepreneur said, adding, &ldquo;Neither we can import raw materials fast through cash payment nor we can get the goods in credit like before.&rdquo;</p>

<p>Meanwhile, Mohan Katuwal, president of the Federation of Nepal Cottage and Small Scale Industries (FNCSI) said that the government needs to introduce alternative provisions before implementing provisions that can create trouble to the entrepreneurs.</p>

<p>Also, he further commented that the government&rsquo;s decisions should be business friendly. To find out a solution to the problem, entrepreneurs have decided to hold public discussions and seek for assistance from ministers and related ministries, said sources.&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
',
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		'Article' => array(
			'id' => '6584',
			'article_category_id' => '1',
			'title' => 'Fulbari Resort Closed Indefinitely',
			'sub_title' => '',
			'summary' => 'September 14: Pokhara’s famed hotel, Fulbari Resort, has been shut down for an indefinite period due to the confrontation between the workers and the management committee. ',
			'content' => '<p>September 14: Pokhara&rsquo;s famed hotel, Fulbari Resort, has been shut down for an indefinite period due to the confrontation between the workers and the management committee. The five-star hotel came into operation about two decades ago with an investment of Rs 3 billion.</p>

<p>The workers and the hotel management had held talks time and again to resolve the issue related to the workers&rsquo; payment but to no avail. Finally, the workers decided to put off their strike and leave the hotel after the latter agreed to pay all the outstanding dues including those during the standoff period, informed Nabaraj Giri, vice president of the Fulbari chapter of All Nepal Hotel and Restaurant Workers Association.</p>

<p>After reaching the agreement with the workers, the management committee of the hotel decided to close the hotel for an indefinite period.</p>

<p>As per the understanding reached between the two sides, the hotel will be providing 40 percent of the dues right away and the remaining 60 percent after two months.</p>

<p>Besides the monthly salary, the workers will get all the benefits including social security fund and provident fund.</p>

<p>With the closure of the resort that had played an important role in tourism, 117 staff of the hotel have now become unemployed. According to Giri, all of the workers have left and the management itself is looking after the hotel.</p>

<p>Western Regional Hotel Association President Bikal Tulachan said that the closure of a hotel which has been synonymous to Pokhara&rsquo;s tourism history would have negative impact on the overall tourism industry.</p>

<p>&ldquo;Big and small hotel entrepreneurs have been worried after the incident. They have started thinking whether their investment is safe or not,&rdquo; said Tulachan.</p>

<p>&ldquo;It is unfortunate that the state became a mute spectator to the collapse of a sole enterprise, which had been contributing a lot to the state coffers,&rdquo; he added.</p>

<p>The resort said it sent off its staff after it was unable to fulfill all the demands of the workers since it had remained shut for a long period. &nbsp;</p>

<p>The resort is spread across 209 ropanis of land. The resort, which came into operation in 1998, has 165 rooms.</p>
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			'id' => '6583',
			'article_category_id' => '1',
			'title' => 'OPPO to Launch New Line-up A71 Soon',
			'sub_title' => '',
			'summary' => 'September 14: OPPO is all set to launch its latest selfie technology with a spectacular design in Nepal. ',
			'content' => '<p>September 14: OPPO is all set to launch its latest selfie technology with a spectacular design in Nepal. The company said it will introduce the new camera phone A71 equipped with octa-core processor, 3GB RAM and 3000mAH battery on September 18.<br />
Issuing a press statement, the company said that OPPO A71 inherits the core OPPO photography technology with Beautify 4.0 app on the front camera and optimized rear camera to capture life&rsquo;s fun moments.&nbsp;<br />
&ldquo;Also, the slim metallic uni-body of A71 will make it stand-out at first sight. OPPO A71 will be released in gold colour, and will be available in offline stores nationwide,&rdquo; the press statement said.<br />
Commenting on OPPO A71, CEO of OPPO Nepal Johnny Ge said, &ldquo;We are all set to bring another Camera phone A71 with latest selfie technology and spectacular design in Nepal. We are really hopeful that we will be able to satisfy our customers&#39; needs and demands through OPPO A71.&rdquo;<br />
The company said that the new OPPO model is expected to enable smoother multitasking and switching between apps delivering a faster and more convenient experience for taking photos, watching videos and playing games.&nbsp;</p>
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			'sortorder' => '6366',
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			'article_date' => '2017-09-14 00:00:00',
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			'id' => '6582',
			'article_category_id' => '1',
			'title' => 'KOSEP Supports Nepal’s Flood Victims',
			'sub_title' => '',
			'summary' => 'September 14: KOSEP, a South Korean government-owned power generating company having installed capacity of more than 10,000 MW in the Korean peninsula, has contributed USD 100,000 (NRs 10,257,871) for the victims of recent flood and landslides in Nepal through Prime Minister Disaster Relief Fund.',
			'content' => '<p>September 14: KOSEP, a South Korean government-owned power generating company having installed capacity of more than 10,000 MW in the Korean peninsula, has contributed USD 100,000 (NRs 10,257,871) for the victims of recent flood and landslides in Nepal through Prime Minister Disaster Relief Fund.</p>

<p>The company is currently developing Upper Trishuli-1 Hydroelectric Project (216 MW) located in Rasuwa district, reads a press statement issued by Nepal Water &amp; Energy Development Company P Ltd (NWEDC), which is a special purpose company registered in Nepal for development of Upper Trishuli-1 Hydroelectric Project.</p>

<p>The CEO of KOSEP Jaewon Chang handed over the cheque to Deputy Prime Minister and Foreign Minister Krishna Bahadur Mahara at his office on Wednesday, September 13.</p>

<p>Currently, the delegates from KOSEP are in Nepal to support the flood-affected families in Nepal as a part of Corporate Social Responsibility (CSR) of the company.</p>

<p>Earlier, NWEDC and its employees had contributed NRs 546,300 as a support to victims affected by flood through Prime Minister Relief Fund.</p>

<p>KOSEP is the main sponsor of Upper Trishul-1 Hydroelectric Project. The hydropower project has already concluded Project Development Agreement (PDA) with Ministry of Energy, Government of Nepal on December 29, 2016 and is in a process of PPA negotiation with NEA<a name="_GoBack"></a>.</p>

<p>&ldquo;KOSEP and its subsidiary company, NWEDC, strongly believe that development of electricity is one of the core factors in upgrading the living standard of people and economic development of the country,&rdquo; the statement said.</p>

<p>Similarly, both the companies said they consider Corporate Social Responsibility as a crucial component and believe in shared value creation and bringing positive impact to the society at large. As a part of this, the project said it contributed to the project affected communities at the time of devastating earthquake of April 25, 2015 by distributing immediate relief package to the earthquake victims in the project area.</p>

<p>It also constructed two school buildings and one health post in the project affected VDCs which were destroyed by the earthquake.</p>

<p>&nbsp;</p>
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			'id' => '6581',
			'article_category_id' => '1',
			'title' => 'Nikon wins EISA award',
			'sub_title' => '',
			'summary' => 'September 14: The latest model of Nikon DSLR camera, the D7500, has bagged the EISA Prosumer DSLR Camera 2017-2018 award presented by the European Imaging and Sound Association (EISA).',
			'content' => '<p>September 14: The latest model of Nikon DSLR camera, the D7500, has bagged the EISA Prosumer DSLR Camera 2017-2018 award presented by the European Imaging and Sound Association (EISA).</p>

<p>Since its establishment in 1982, EISA has chosen and honored the best imaging products released in Europe from a number of categories, Nikon said in a statement on September 13.</p>

<p>According to the company, the D7500 is equipped with the same EXPEED 5 image-processing engine and DX-format CMOS sensor as Nikon&#39;s flagship DX-format digital SLR camera, the D500, to enable superior image quality with minimal noise throughout its entire ISO 100&ndash;51200 range of standard sensitivities.</p>

<p>&ldquo;The similar superior image quality and high-speed performance available with the D500 is packed into a slim and lightweight body, making the D7500 popular with a wide range of users, from the beginners to the experienced, although it is a mid-level model,&rdquo; the statement said.</p>

<p>The D7500 is an advanced DSLR camera that packs much of the innovation of the acclaimed D500 into a lightweight, robust and more affordable body, the statement further said.</p>

<p>&ldquo;Using the same 20.9 million pixel image sensor, processor and wide ISO range as the D500, the D7500 is a capable and versatile tool in the hands of a passionate photographer. With a burst speed of 8 frames per second and Nikon&rsquo;s proven 51-point AF system it is well suited to capturing fast action. Thanks to Nikon&rsquo;s SnapBridge technology, transferring images to a smart device is fast and seamless.&rdquo;</p>
',
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			'sortorder' => '6364',
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		'Article' => array(
			'id' => '6580',
			'article_category_id' => '1',
			'title' => 'Made in Pakistan Expo Underway      ',
			'sub_title' => '',
			'summary' => 'September 14: The 8th edition of Made in Pakistan Expo is underway in Kathmandu at the United World Trade Centre from September 13 to 19.',
			'content' => '<p style="text-align: justify;">September 14: The 8<sup>th</sup> edition of Made in Pakistan Expo is underway in Kathmandu at the United World Trade Centre from September 13 to 19.</p>

<p style="text-align: justify;">The expo was inaugurated by Minister for Commerce Min Bahadur Bishwakarma on September 13, reads a press statement issued by Kathmandu-based Pakistani Embassy.&nbsp;&nbsp;&nbsp;&nbsp;</p>

<p style="text-align: justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; According to the Embassy of Pakistan, the expo is being organized by the Rawalpindi Chambers of Commerce and Industry in collaboration with a number of Pakistani businessmen, who are exhibiting their products.</p>

<p style="text-align: justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Pakistani products which include furniture, leather items, handicrafts, textile products, artificial jewelry etc are for sale at the exhibition. A group of more than 50 businessmen is participating in this trade fair.</p>

<p style="text-align: justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The event will greatly help in introducing Pakistani products to the Nepali consumers and provide a platform for interaction between the businessmen of the two countries. This will in turn result in enhancing the volume of trade between the two countries, the embassy said.</p>

<p style="text-align: justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Exhibition will remain open for public till September 19 from 10:00 am to 07:00 pm at United World Trade Center, Tripureshwar, Kathmandu,</p>

<p style="text-align: justify;">.</p>
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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		'Article' => array(
			'id' => '6594',
			'article_category_id' => '1',
			'title' => 'Interest for Deprived Sector Lending Doubles Within a Year',
			'sub_title' => '',
			'summary' => 'September 15: Nepal Rastra Bank’s efforts in poverty reduction by providing subsidised rates for deprived sector lending has double within a year.',
			'content' => '<p>September 15: Nepal Rastra Bank&rsquo;s efforts in poverty reduction by providing subsidised rates for deprived sector lending has double within a year. The rate of interest for the marginalised group was 5 percent at the beginning of last fiscal year 2016/17. But the rate has increased to 10 percent in the current fiscal year, as shown by the latest report published by the central bank. &nbsp;</p>

<p>As per the regulations set by Nepal Rastra Bank, commercial banks should provide at least 5 percent of their total lending to the deprived sector. Although such provision was introduced with the aim of reducing poverty, the deprived sector has been hard hit with the two-fold increase in the rate of interest.</p>

<p>The banks say that all types of interest have been increased due to lack of investible capital. They argue that it is not unnatural for the rise in interest rate for deprived sector lending.</p>

<p>As the majority of deprived sector lending is done by microfinance institutes, it is natural that the rate will rise when the cost of operation of the institutions increases, says NMB Bank&rsquo;s CEO Sunil KC.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'sortorder' => '6377',
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			'id' => '6593',
			'article_category_id' => '1',
			'title' => 'CAAN Signs Agreement with France For Air Safety Measures',
			'sub_title' => '',
			'summary' => 'September 15: Civil Aviation Authority of Nepal (CAAN) has signed an agreement with its French counterpart, Civil Aviation of France (CAF), for mutual cooperation and support in the aviation sector.',
			'content' => '<p>September 15: Civil Aviation Authority of Nepal (CAAN) has signed an agreement with its French counterpart, Civil Aviation of France (CAF), for mutual cooperation and support in the aviation sector.</p>

<p>The French team will support Nepal in improving air safety standards, informed CAAN.</p>

<p>CAAN General Manager Sanjeev Gautam and CAF&rsquo;s international mission Director Bernard Dey Lacomb signed the agreement on September 14 on behalf of their respective organizations.</p>

<p>During the function, Gautam said that this step was aimed at addressing the concerns raised by European Union and International Civil Aviation Organization (ICAO) regarding Nepal&rsquo;s &nbsp;air safety standards.</p>

<p>Nepal and France had earlier signed an agreement regarding civil aviation in 1997 and this latest agreement is expected to review the old agreements and move a step forward.</p>

<p>Meanwhile, Lacomb expressed his happiness to extend support in helping Nepal improve its air safety standards.</p>

<p>&nbsp;</p>
',
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			'id' => '6592',
			'article_category_id' => '1',
			'title' => 'Lumbini Provides Packed Food to Differently Abled Children',
			'sub_title' => '',
			'summary' => 'September 15: Lumbini Bikas Bank distributed food to differently abled children of Narayantar-based Khagendra Navajeevan Special Education School. ',
			'content' => '<p>September 15: Lumbini Bikas Bank distributed food to differently abled children of Narayantar-based Khagendra Navajeevan Special Education School. The bank took the initiative on the occasion of International Children&rsquo;s Day on Thursday, September 14&nbsp; as part of its corporate social responsibility. Altogether 350 children and teachers received the packed foods from the bank, reads a statement issued by the bank. Earlier, the bank had provided sound system to the same institution.</p>
',
			'published' => true,
			'created' => '2017-09-15',
			'modified' => '2017-09-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6375',
			'image' => null,
			'article_date' => '2017-09-15 00:00:00',
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		'Article' => array(
			'id' => '6591',
			'article_category_id' => '1',
			'title' => 'Volkswagen Announces Exchange Offer',
			'sub_title' => '',
			'summary' => 'September 15: The local distributor of Volkswagen in Gandaki and Dhaulagiri zones has started an exchange offer since September 15.',
			'content' => '<p>September 15: The local distributor of Volkswagen in Gandaki and Dhaulagiri zones has started an exchange offer since September 15. The three-day event organized by Outdrive Enterprises will conclude on September 17.</p>

<p>During the exchange offer to be held at Pokhara-based showroom of Volkswagen, people can bring vehicles of any brand and take away new models of Volkswagen after proper evaluation of the old vehicles, the organizer said in a statement.</p>

<p>&nbsp;Different models of Volkswagen including Polo, Cross Polo, Polo GT, OT Gear are available for exchange, the statement said.</p>

<p>Managing Director of Outdrive Enterprises Puneet Vaidhya informed that the customers can book new cars while they will be provided with good amount for the old cars.</p>

<p>Besides, the organizer has also set up food stalls and offers exchange bonus as well as test drive opportunity&nbsp; and special gift hampers.&nbsp;</p>
',
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			'created' => '2017-09-15',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '6374',
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			'article_date' => '2017-09-15 00:00:00',
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	(int) 4 => array(
		'Article' => array(
			'id' => '6590',
			'article_category_id' => '1',
			'title' => 'Rs 30 Billion Invested on Financial Literacy',
			'sub_title' => '',
			'summary' => 'September 15: The World Bank has provided Rs 30 billion so far to help improve the financial literacy of Nepal.',
			'content' => '<p>September 15: The World Bank has provided Rs 30 billion so far to help improve the financial literacy of Nepal. The World Bank provided Rs 7 billion to Nepal between 2000 to 2009 to this end, informed Nara Bahadur Thapa, executive director at the research department of Nepal Rastra Bank.</p>

<p>Besides, Asian Development Bank has also provided Rs 15 billion for financial literacy. Thapa admitted that although such a large amount was invested for awareness campaigns and trainings in order to achieve financial literacy, they have not been able to meet their target as expected.</p>

<p>&ldquo;We cannot improve the financial literacy of Nepal by seeking for foreign support always. Therefore, the banks and financial institutions should take the initiative,&rdquo; said Thapa.</p>

<p>Speaking at the closing ceremony of a seven-day banking training organized by Media International in the capital on Thursday, September 14, Thapa highlighted the importance of financial literacy and shed light on the support received so far by the government in this regard.</p>

<p>According to Thapa, 34 percent population of Nepal have access to banking services while only 18 percent of the total population is financially literate. &nbsp;</p>
',
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			'sortorder' => '6373',
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		'Article' => array(
			'id' => '6589',
			'article_category_id' => '1',
			'title' => 'Tata Yodha Rolls-out on Nepali Roads',
			'sub_title' => '',
			'summary' => 'September 15: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, unveiled Tata Yodha amid a programme in the capital on September 14.',
			'content' => '<p>September 15: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, unveiled Tata Yodha amid a programme in the capital on September 14.</p>

<p>Speaking at the launching ceremony, Rudrarup Maitra, vice- president of Commercial Vehicles and International Business of Tata Motors said, &ldquo;Tata Yodha promises non-stop performance, unmatched comfort, integrated safety features, stylish looks and assured service guarantee.&rdquo;</p>

<p>&nbsp;He also claimed that the company will launch new variants under the Yodha series in six months.</p>

<p>Similarly, Siddhartha SJB Rana, chairman of Sipradi Trading, informed that the partnership with Tata Motors dates back to 1982 AD.</p>

<p>&ldquo;We, at Sipradi, will continue to support these products with the best purchase and help maintain high quality,&rdquo; he said, adding, &ldquo;The Tata Yodha with its promising features strengthens our belief in Tata Motors vehicles, which are known to offer high value proposition to the Nepalese customers, for their utility, ruggedness and fuel-efficiency.&rdquo;</p>

<p>According to a press release issued by the company, Tata Yodha comes with impressive features that give it a competitive edge.</p>

<p>&ldquo;It will be available in multiple variants equipped with a powerful 85 HP 3.0L engine generating 250Nm of torque, making it a category leader,&rdquo; reads the statement. Furthermore, its ground clearance make the new Tata Yodha suitable for diverse business requirements like transporting agro-produce (fruits and vegetable), poultry, fish, milk, cash van, service support vehicle at construction sites, the statement said.</p>
',
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			'sortorder' => '6372',
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	(int) 6 => array(
		'Article' => array(
			'id' => '6588',
			'article_category_id' => '1',
			'title' => 'Ford Volunteer Contribute for a Social Cause',
			'sub_title' => '',
			'summary' => 'September 15: Volunteers from Ford took part in community service on September 14 to mark the Ford Global Caring Month. ',
			'content' => '<p><strong>September 15: </strong>Volunteers from Ford took part in community service on September 14 to mark the Ford Global Caring Month. The company informed that altogether 40 volunteers were involved in the social activity</p>

<p>The community service was initiated jointly by GO Ford Nepal and Round Table Nepal as part of a series of activities to create equal opportunity for students to acquire education and basic sanitation knowledge, the company said in a statement.</p>

<p>&ldquo;September marks the 12<sup>th</sup> annual Ford Global Caring Month and thousands of Ford employees around the world &ndash; collectively known as the &lsquo;Ford Volunteer Corps&rsquo; &ndash; venture out into their communities to make people&rsquo;s lives better,&rdquo; the statement said.</p>

<p>&ldquo;We are proud to be part of Ford Global Caring Month, and are truly inspired by all the work that Ford employees, dealers and local partners are doing across the globe,&rdquo; said Akash Golchha, MD of G Automobiles, the authorised distributor of Ford in Nepal. &ldquo;Together, we are making a positive difference to the neighbourhoods and communities where we live and work.&rdquo;</p>

<p>The company said that more than 30,000 Ford volunteers will tackle more than 600 projects in six continents during September. Ford Motor Company Fund, the philanthropic arm of Ford Motor Company, will also contribute $600,000 in grants to purchase tools and supplies for many of the volunteer projects.</p>

<p>Since the launch of Ford Global Caring Month in 2005, Ford Volunteer Corps members have contributed more than one million hours of community service in 50 countries, representing more than $30 million of in-kind community investments, the company said.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'image' => '20170915115617_Ford-Logo.jpg',
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			'id' => '6587',
			'article_category_id' => '1',
			'title' => 'Himalayan Bank Provides Fellowship Award',
			'sub_title' => '',
			'summary' => 'September 15: Himalayan Bank Limited has awarded this year’s HBL-Daayitwa Fellowship Award-2017 to the Nepali nationals working in the public service sector.  ',
			'content' => '<p style="text-align: justify;">September 15: Himalayan Bank Limited has awarded this year&rsquo;s HBL-Daayitwa Fellowship Award-2017 to the Nepali nationals working in the public service sector. &nbsp;The bank said in a statement that it has been sponsoring six Nepali fellows since 2016.</p>

<p style="text-align: justify;">&ldquo;The fellows promote economic prosperity of the country working with various government agencies and policy makers to collaborate and innovate in the governance system,&rdquo; the statement said.</p>

<p style="text-align: justify;">CEO of HBL Ashoke SJB Rana handed over the cheque of sponsorship amount of Rs 504,000 to Dr Pukar Malla, executive director of Daayitwa amidst a function held at Himalayan Bank Ltd&rsquo;s corporate office on September 14. At the function Dr Malla had also handed over a token of appreciation to CEO Rana for the bank&rsquo;s valuable contribution to organize the fellowship program.&nbsp;</p>
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		'Article' => array(
			'id' => '6586',
			'article_category_id' => '1',
			'title' => 'SEBON forms probe committee',
			'sub_title' => '',
			'summary' => 'September 14: Securities Board of Nepal (SEBON) has annulled the share transaction of Nepal Investment Bank on September 6. ',
			'content' => '<p><strong>September 14: Securities Board of Nepal (SEBON) has annulled the share transaction of Nepal Investment Bank on September 6. Nepse spokesperson Murahari Parajuli informed that the board had sent a written instruction to the bank in this regard.</strong></p>

<p><strong>On that particular day, 822 transactions worth Rs 70,976,846 for a total of 91,979 units of shares of the bank had taken place. </strong></p>

<p><strong>The bank had announced a notice on the website of Nepse on September 6 that it would issue 25 percent bonus shares and 16 percent cash dividend from the profit of fiscal year 2016/17. But later, it made a correction stating that it would issue 25 percent cash dividend and 15 percent bonus shares. </strong></p>

<p><strong>SEBON has already formed a three-member probe committee regarding this issue. The bank on its part has admitted that there were some typing errors leading to the mistake. </strong></p>

<p><strong>Meanwhile, SEBON spokesperson Niraj Giri said that the bank clarified the board that it made the error in haste and later made correction after being notified about the incident.</strong></p>
',
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		'Article' => array(
			'id' => '6585',
			'article_category_id' => '1',
			'title' => 'Small and Cottage Industries Hard Hit by New Banking Provision',
			'sub_title' => '',
			'summary' => 'September 14: Small and cottage industries entrepreneurs have been hard hit by the government’s directive to deal with financial transactions worth more than Rs 1 million through banking channel from the current fiscal year 2017/18.',
			'content' => '<p>September 14: Small and cottage industries entrepreneurs have been hard hit by the government&rsquo;s directive to deal with financial transactions worth more than Rs 1 million through banking channel from the current fiscal year 2017/18.</p>

<p>Government decided to make banking transaction compulsory in a bid to control investment on money laundering and terrorism. But the entrepreneurs have been bearing the brunt of the decision.</p>

<p>In order to effectively implement the Money Laundering Prevention Act, 2064, the government has made it compulsory for individuals, firms, companies or organizations to go through banking transactions while buying or selling any services and goods worth more than Rs 1 million starting from the first month of the current FY.</p>

<p>The provision will not have much impact on big business houses, according to Shekhar Golchha, senior vice-president of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI).</p>

<p>Similarly, Rajesh Kaji Shrestha, president of Nepal Chamber of Commerce (NCC) mentioned that the traditional businesses are trying to adjust to the new system. However, small and cottage industry entrepreneurs said they are having a hard time due to the new directive.</p>

<p>According to the entrepreneurs, the provision has created problems specially while making payment for import raw materials. &ldquo;Despite having money, we are not able to bring goods,&rdquo; one of the entrepreneurs expressed his problem.</p>

<p>In addition, the entrepreneur said that in most of the situation transactions are done through cash payment and sometimes they also work in credit. &ldquo;The changed provision has created problems for small transactions,&rdquo; the entrepreneur said, adding, &ldquo;Neither we can import raw materials fast through cash payment nor we can get the goods in credit like before.&rdquo;</p>

<p>Meanwhile, Mohan Katuwal, president of the Federation of Nepal Cottage and Small Scale Industries (FNCSI) said that the government needs to introduce alternative provisions before implementing provisions that can create trouble to the entrepreneurs.</p>

<p>Also, he further commented that the government&rsquo;s decisions should be business friendly. To find out a solution to the problem, entrepreneurs have decided to hold public discussions and seek for assistance from ministers and related ministries, said sources.&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
',
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	(int) 10 => array(
		'Article' => array(
			'id' => '6584',
			'article_category_id' => '1',
			'title' => 'Fulbari Resort Closed Indefinitely',
			'sub_title' => '',
			'summary' => 'September 14: Pokhara’s famed hotel, Fulbari Resort, has been shut down for an indefinite period due to the confrontation between the workers and the management committee. ',
			'content' => '<p>September 14: Pokhara&rsquo;s famed hotel, Fulbari Resort, has been shut down for an indefinite period due to the confrontation between the workers and the management committee. The five-star hotel came into operation about two decades ago with an investment of Rs 3 billion.</p>

<p>The workers and the hotel management had held talks time and again to resolve the issue related to the workers&rsquo; payment but to no avail. Finally, the workers decided to put off their strike and leave the hotel after the latter agreed to pay all the outstanding dues including those during the standoff period, informed Nabaraj Giri, vice president of the Fulbari chapter of All Nepal Hotel and Restaurant Workers Association.</p>

<p>After reaching the agreement with the workers, the management committee of the hotel decided to close the hotel for an indefinite period.</p>

<p>As per the understanding reached between the two sides, the hotel will be providing 40 percent of the dues right away and the remaining 60 percent after two months.</p>

<p>Besides the monthly salary, the workers will get all the benefits including social security fund and provident fund.</p>

<p>With the closure of the resort that had played an important role in tourism, 117 staff of the hotel have now become unemployed. According to Giri, all of the workers have left and the management itself is looking after the hotel.</p>

<p>Western Regional Hotel Association President Bikal Tulachan said that the closure of a hotel which has been synonymous to Pokhara&rsquo;s tourism history would have negative impact on the overall tourism industry.</p>

<p>&ldquo;Big and small hotel entrepreneurs have been worried after the incident. They have started thinking whether their investment is safe or not,&rdquo; said Tulachan.</p>

<p>&ldquo;It is unfortunate that the state became a mute spectator to the collapse of a sole enterprise, which had been contributing a lot to the state coffers,&rdquo; he added.</p>

<p>The resort said it sent off its staff after it was unable to fulfill all the demands of the workers since it had remained shut for a long period. &nbsp;</p>

<p>The resort is spread across 209 ropanis of land. The resort, which came into operation in 1998, has 165 rooms.</p>
',
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			'sortorder' => '6367',
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	(int) 11 => array(
		'Article' => array(
			'id' => '6583',
			'article_category_id' => '1',
			'title' => 'OPPO to Launch New Line-up A71 Soon',
			'sub_title' => '',
			'summary' => 'September 14: OPPO is all set to launch its latest selfie technology with a spectacular design in Nepal. ',
			'content' => '<p>September 14: OPPO is all set to launch its latest selfie technology with a spectacular design in Nepal. The company said it will introduce the new camera phone A71 equipped with octa-core processor, 3GB RAM and 3000mAH battery on September 18.<br />
Issuing a press statement, the company said that OPPO A71 inherits the core OPPO photography technology with Beautify 4.0 app on the front camera and optimized rear camera to capture life&rsquo;s fun moments.&nbsp;<br />
&ldquo;Also, the slim metallic uni-body of A71 will make it stand-out at first sight. OPPO A71 will be released in gold colour, and will be available in offline stores nationwide,&rdquo; the press statement said.<br />
Commenting on OPPO A71, CEO of OPPO Nepal Johnny Ge said, &ldquo;We are all set to bring another Camera phone A71 with latest selfie technology and spectacular design in Nepal. We are really hopeful that we will be able to satisfy our customers&#39; needs and demands through OPPO A71.&rdquo;<br />
The company said that the new OPPO model is expected to enable smoother multitasking and switching between apps delivering a faster and more convenient experience for taking photos, watching videos and playing games.&nbsp;</p>
',
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			'sortorder' => '6366',
			'image' => '20170914015043_A71-11.jpg',
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	(int) 12 => array(
		'Article' => array(
			'id' => '6582',
			'article_category_id' => '1',
			'title' => 'KOSEP Supports Nepal’s Flood Victims',
			'sub_title' => '',
			'summary' => 'September 14: KOSEP, a South Korean government-owned power generating company having installed capacity of more than 10,000 MW in the Korean peninsula, has contributed USD 100,000 (NRs 10,257,871) for the victims of recent flood and landslides in Nepal through Prime Minister Disaster Relief Fund.',
			'content' => '<p>September 14: KOSEP, a South Korean government-owned power generating company having installed capacity of more than 10,000 MW in the Korean peninsula, has contributed USD 100,000 (NRs 10,257,871) for the victims of recent flood and landslides in Nepal through Prime Minister Disaster Relief Fund.</p>

<p>The company is currently developing Upper Trishuli-1 Hydroelectric Project (216 MW) located in Rasuwa district, reads a press statement issued by Nepal Water &amp; Energy Development Company P Ltd (NWEDC), which is a special purpose company registered in Nepal for development of Upper Trishuli-1 Hydroelectric Project.</p>

<p>The CEO of KOSEP Jaewon Chang handed over the cheque to Deputy Prime Minister and Foreign Minister Krishna Bahadur Mahara at his office on Wednesday, September 13.</p>

<p>Currently, the delegates from KOSEP are in Nepal to support the flood-affected families in Nepal as a part of Corporate Social Responsibility (CSR) of the company.</p>

<p>Earlier, NWEDC and its employees had contributed NRs 546,300 as a support to victims affected by flood through Prime Minister Relief Fund.</p>

<p>KOSEP is the main sponsor of Upper Trishul-1 Hydroelectric Project. The hydropower project has already concluded Project Development Agreement (PDA) with Ministry of Energy, Government of Nepal on December 29, 2016 and is in a process of PPA negotiation with NEA<a name="_GoBack"></a>.</p>

<p>&ldquo;KOSEP and its subsidiary company, NWEDC, strongly believe that development of electricity is one of the core factors in upgrading the living standard of people and economic development of the country,&rdquo; the statement said.</p>

<p>Similarly, both the companies said they consider Corporate Social Responsibility as a crucial component and believe in shared value creation and bringing positive impact to the society at large. As a part of this, the project said it contributed to the project affected communities at the time of devastating earthquake of April 25, 2015 by distributing immediate relief package to the earthquake victims in the project area.</p>

<p>It also constructed two school buildings and one health post in the project affected VDCs which were destroyed by the earthquake.</p>

<p>&nbsp;</p>
',
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			'image' => '20170914011410_13092017_Charity towards Nepal Prime Minister Disaster aRelief Fund.jpg',
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	(int) 13 => array(
		'Article' => array(
			'id' => '6581',
			'article_category_id' => '1',
			'title' => 'Nikon wins EISA award',
			'sub_title' => '',
			'summary' => 'September 14: The latest model of Nikon DSLR camera, the D7500, has bagged the EISA Prosumer DSLR Camera 2017-2018 award presented by the European Imaging and Sound Association (EISA).',
			'content' => '<p>September 14: The latest model of Nikon DSLR camera, the D7500, has bagged the EISA Prosumer DSLR Camera 2017-2018 award presented by the European Imaging and Sound Association (EISA).</p>

<p>Since its establishment in 1982, EISA has chosen and honored the best imaging products released in Europe from a number of categories, Nikon said in a statement on September 13.</p>

<p>According to the company, the D7500 is equipped with the same EXPEED 5 image-processing engine and DX-format CMOS sensor as Nikon&#39;s flagship DX-format digital SLR camera, the D500, to enable superior image quality with minimal noise throughout its entire ISO 100&ndash;51200 range of standard sensitivities.</p>

<p>&ldquo;The similar superior image quality and high-speed performance available with the D500 is packed into a slim and lightweight body, making the D7500 popular with a wide range of users, from the beginners to the experienced, although it is a mid-level model,&rdquo; the statement said.</p>

<p>The D7500 is an advanced DSLR camera that packs much of the innovation of the acclaimed D500 into a lightweight, robust and more affordable body, the statement further said.</p>

<p>&ldquo;Using the same 20.9 million pixel image sensor, processor and wide ISO range as the D500, the D7500 is a capable and versatile tool in the hands of a passionate photographer. With a burst speed of 8 frames per second and Nikon&rsquo;s proven 51-point AF system it is well suited to capturing fast action. Thanks to Nikon&rsquo;s SnapBridge technology, transferring images to a smart device is fast and seamless.&rdquo;</p>
',
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			'sortorder' => '6364',
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	(int) 14 => array(
		'Article' => array(
			'id' => '6580',
			'article_category_id' => '1',
			'title' => 'Made in Pakistan Expo Underway      ',
			'sub_title' => '',
			'summary' => 'September 14: The 8th edition of Made in Pakistan Expo is underway in Kathmandu at the United World Trade Centre from September 13 to 19.',
			'content' => '<p style="text-align: justify;">September 14: The 8<sup>th</sup> edition of Made in Pakistan Expo is underway in Kathmandu at the United World Trade Centre from September 13 to 19.</p>

<p style="text-align: justify;">The expo was inaugurated by Minister for Commerce Min Bahadur Bishwakarma on September 13, reads a press statement issued by Kathmandu-based Pakistani Embassy.&nbsp;&nbsp;&nbsp;&nbsp;</p>

<p style="text-align: justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; According to the Embassy of Pakistan, the expo is being organized by the Rawalpindi Chambers of Commerce and Industry in collaboration with a number of Pakistani businessmen, who are exhibiting their products.</p>

<p style="text-align: justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Pakistani products which include furniture, leather items, handicrafts, textile products, artificial jewelry etc are for sale at the exhibition. A group of more than 50 businessmen is participating in this trade fair.</p>

<p style="text-align: justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The event will greatly help in introducing Pakistani products to the Nepali consumers and provide a platform for interaction between the businessmen of the two countries. This will in turn result in enhancing the volume of trade between the two countries, the embassy said.</p>

<p style="text-align: justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Exhibition will remain open for public till September 19 from 10:00 am to 07:00 pm at United World Trade Center, Tripureshwar, Kathmandu,</p>

<p style="text-align: justify;">.</p>
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
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View::_evaluate() - CORE/Cake/View/View.php, line 971
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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
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Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
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		'Article' => array(
			'id' => '6594',
			'article_category_id' => '1',
			'title' => 'Interest for Deprived Sector Lending Doubles Within a Year',
			'sub_title' => '',
			'summary' => 'September 15: Nepal Rastra Bank’s efforts in poverty reduction by providing subsidised rates for deprived sector lending has double within a year.',
			'content' => '<p>September 15: Nepal Rastra Bank&rsquo;s efforts in poverty reduction by providing subsidised rates for deprived sector lending has double within a year. The rate of interest for the marginalised group was 5 percent at the beginning of last fiscal year 2016/17. But the rate has increased to 10 percent in the current fiscal year, as shown by the latest report published by the central bank. &nbsp;</p>

<p>As per the regulations set by Nepal Rastra Bank, commercial banks should provide at least 5 percent of their total lending to the deprived sector. Although such provision was introduced with the aim of reducing poverty, the deprived sector has been hard hit with the two-fold increase in the rate of interest.</p>

<p>The banks say that all types of interest have been increased due to lack of investible capital. They argue that it is not unnatural for the rise in interest rate for deprived sector lending.</p>

<p>As the majority of deprived sector lending is done by microfinance institutes, it is natural that the rate will rise when the cost of operation of the institutions increases, says NMB Bank&rsquo;s CEO Sunil KC.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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		'Article' => array(
			'id' => '6593',
			'article_category_id' => '1',
			'title' => 'CAAN Signs Agreement with France For Air Safety Measures',
			'sub_title' => '',
			'summary' => 'September 15: Civil Aviation Authority of Nepal (CAAN) has signed an agreement with its French counterpart, Civil Aviation of France (CAF), for mutual cooperation and support in the aviation sector.',
			'content' => '<p>September 15: Civil Aviation Authority of Nepal (CAAN) has signed an agreement with its French counterpart, Civil Aviation of France (CAF), for mutual cooperation and support in the aviation sector.</p>

<p>The French team will support Nepal in improving air safety standards, informed CAAN.</p>

<p>CAAN General Manager Sanjeev Gautam and CAF&rsquo;s international mission Director Bernard Dey Lacomb signed the agreement on September 14 on behalf of their respective organizations.</p>

<p>During the function, Gautam said that this step was aimed at addressing the concerns raised by European Union and International Civil Aviation Organization (ICAO) regarding Nepal&rsquo;s &nbsp;air safety standards.</p>

<p>Nepal and France had earlier signed an agreement regarding civil aviation in 1997 and this latest agreement is expected to review the old agreements and move a step forward.</p>

<p>Meanwhile, Lacomb expressed his happiness to extend support in helping Nepal improve its air safety standards.</p>

<p>&nbsp;</p>
',
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			'id' => '6592',
			'article_category_id' => '1',
			'title' => 'Lumbini Provides Packed Food to Differently Abled Children',
			'sub_title' => '',
			'summary' => 'September 15: Lumbini Bikas Bank distributed food to differently abled children of Narayantar-based Khagendra Navajeevan Special Education School. ',
			'content' => '<p>September 15: Lumbini Bikas Bank distributed food to differently abled children of Narayantar-based Khagendra Navajeevan Special Education School. The bank took the initiative on the occasion of International Children&rsquo;s Day on Thursday, September 14&nbsp; as part of its corporate social responsibility. Altogether 350 children and teachers received the packed foods from the bank, reads a statement issued by the bank. Earlier, the bank had provided sound system to the same institution.</p>
',
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			'keywords' => '',
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			'sortorder' => '6375',
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		'Article' => array(
			'id' => '6591',
			'article_category_id' => '1',
			'title' => 'Volkswagen Announces Exchange Offer',
			'sub_title' => '',
			'summary' => 'September 15: The local distributor of Volkswagen in Gandaki and Dhaulagiri zones has started an exchange offer since September 15.',
			'content' => '<p>September 15: The local distributor of Volkswagen in Gandaki and Dhaulagiri zones has started an exchange offer since September 15. The three-day event organized by Outdrive Enterprises will conclude on September 17.</p>

<p>During the exchange offer to be held at Pokhara-based showroom of Volkswagen, people can bring vehicles of any brand and take away new models of Volkswagen after proper evaluation of the old vehicles, the organizer said in a statement.</p>

<p>&nbsp;Different models of Volkswagen including Polo, Cross Polo, Polo GT, OT Gear are available for exchange, the statement said.</p>

<p>Managing Director of Outdrive Enterprises Puneet Vaidhya informed that the customers can book new cars while they will be provided with good amount for the old cars.</p>

<p>Besides, the organizer has also set up food stalls and offers exchange bonus as well as test drive opportunity&nbsp; and special gift hampers.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-09-15',
			'modified' => '2017-09-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6374',
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	(int) 4 => array(
		'Article' => array(
			'id' => '6590',
			'article_category_id' => '1',
			'title' => 'Rs 30 Billion Invested on Financial Literacy',
			'sub_title' => '',
			'summary' => 'September 15: The World Bank has provided Rs 30 billion so far to help improve the financial literacy of Nepal.',
			'content' => '<p>September 15: The World Bank has provided Rs 30 billion so far to help improve the financial literacy of Nepal. The World Bank provided Rs 7 billion to Nepal between 2000 to 2009 to this end, informed Nara Bahadur Thapa, executive director at the research department of Nepal Rastra Bank.</p>

<p>Besides, Asian Development Bank has also provided Rs 15 billion for financial literacy. Thapa admitted that although such a large amount was invested for awareness campaigns and trainings in order to achieve financial literacy, they have not been able to meet their target as expected.</p>

<p>&ldquo;We cannot improve the financial literacy of Nepal by seeking for foreign support always. Therefore, the banks and financial institutions should take the initiative,&rdquo; said Thapa.</p>

<p>Speaking at the closing ceremony of a seven-day banking training organized by Media International in the capital on Thursday, September 14, Thapa highlighted the importance of financial literacy and shed light on the support received so far by the government in this regard.</p>

<p>According to Thapa, 34 percent population of Nepal have access to banking services while only 18 percent of the total population is financially literate. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-09-15',
			'modified' => '2017-09-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6373',
			'image' => null,
			'article_date' => '2017-09-15 00:00:00',
			'homepage' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '6589',
			'article_category_id' => '1',
			'title' => 'Tata Yodha Rolls-out on Nepali Roads',
			'sub_title' => '',
			'summary' => 'September 15: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, unveiled Tata Yodha amid a programme in the capital on September 14.',
			'content' => '<p>September 15: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, unveiled Tata Yodha amid a programme in the capital on September 14.</p>

<p>Speaking at the launching ceremony, Rudrarup Maitra, vice- president of Commercial Vehicles and International Business of Tata Motors said, &ldquo;Tata Yodha promises non-stop performance, unmatched comfort, integrated safety features, stylish looks and assured service guarantee.&rdquo;</p>

<p>&nbsp;He also claimed that the company will launch new variants under the Yodha series in six months.</p>

<p>Similarly, Siddhartha SJB Rana, chairman of Sipradi Trading, informed that the partnership with Tata Motors dates back to 1982 AD.</p>

<p>&ldquo;We, at Sipradi, will continue to support these products with the best purchase and help maintain high quality,&rdquo; he said, adding, &ldquo;The Tata Yodha with its promising features strengthens our belief in Tata Motors vehicles, which are known to offer high value proposition to the Nepalese customers, for their utility, ruggedness and fuel-efficiency.&rdquo;</p>

<p>According to a press release issued by the company, Tata Yodha comes with impressive features that give it a competitive edge.</p>

<p>&ldquo;It will be available in multiple variants equipped with a powerful 85 HP 3.0L engine generating 250Nm of torque, making it a category leader,&rdquo; reads the statement. Furthermore, its ground clearance make the new Tata Yodha suitable for diverse business requirements like transporting agro-produce (fruits and vegetable), poultry, fish, milk, cash van, service support vehicle at construction sites, the statement said.</p>
',
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			'created' => '2017-09-15',
			'modified' => '2017-09-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6372',
			'image' => '20170915122437_IMG_0634.jpg',
			'article_date' => '2017-09-15 00:00:00',
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	(int) 6 => array(
		'Article' => array(
			'id' => '6588',
			'article_category_id' => '1',
			'title' => 'Ford Volunteer Contribute for a Social Cause',
			'sub_title' => '',
			'summary' => 'September 15: Volunteers from Ford took part in community service on September 14 to mark the Ford Global Caring Month. ',
			'content' => '<p><strong>September 15: </strong>Volunteers from Ford took part in community service on September 14 to mark the Ford Global Caring Month. The company informed that altogether 40 volunteers were involved in the social activity</p>

<p>The community service was initiated jointly by GO Ford Nepal and Round Table Nepal as part of a series of activities to create equal opportunity for students to acquire education and basic sanitation knowledge, the company said in a statement.</p>

<p>&ldquo;September marks the 12<sup>th</sup> annual Ford Global Caring Month and thousands of Ford employees around the world &ndash; collectively known as the &lsquo;Ford Volunteer Corps&rsquo; &ndash; venture out into their communities to make people&rsquo;s lives better,&rdquo; the statement said.</p>

<p>&ldquo;We are proud to be part of Ford Global Caring Month, and are truly inspired by all the work that Ford employees, dealers and local partners are doing across the globe,&rdquo; said Akash Golchha, MD of G Automobiles, the authorised distributor of Ford in Nepal. &ldquo;Together, we are making a positive difference to the neighbourhoods and communities where we live and work.&rdquo;</p>

<p>The company said that more than 30,000 Ford volunteers will tackle more than 600 projects in six continents during September. Ford Motor Company Fund, the philanthropic arm of Ford Motor Company, will also contribute $600,000 in grants to purchase tools and supplies for many of the volunteer projects.</p>

<p>Since the launch of Ford Global Caring Month in 2005, Ford Volunteer Corps members have contributed more than one million hours of community service in 50 countries, representing more than $30 million of in-kind community investments, the company said.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2017-09-15',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '6371',
			'image' => '20170915115617_Ford-Logo.jpg',
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	(int) 7 => array(
		'Article' => array(
			'id' => '6587',
			'article_category_id' => '1',
			'title' => 'Himalayan Bank Provides Fellowship Award',
			'sub_title' => '',
			'summary' => 'September 15: Himalayan Bank Limited has awarded this year’s HBL-Daayitwa Fellowship Award-2017 to the Nepali nationals working in the public service sector.  ',
			'content' => '<p style="text-align: justify;">September 15: Himalayan Bank Limited has awarded this year&rsquo;s HBL-Daayitwa Fellowship Award-2017 to the Nepali nationals working in the public service sector. &nbsp;The bank said in a statement that it has been sponsoring six Nepali fellows since 2016.</p>

<p style="text-align: justify;">&ldquo;The fellows promote economic prosperity of the country working with various government agencies and policy makers to collaborate and innovate in the governance system,&rdquo; the statement said.</p>

<p style="text-align: justify;">CEO of HBL Ashoke SJB Rana handed over the cheque of sponsorship amount of Rs 504,000 to Dr Pukar Malla, executive director of Daayitwa amidst a function held at Himalayan Bank Ltd&rsquo;s corporate office on September 14. At the function Dr Malla had also handed over a token of appreciation to CEO Rana for the bank&rsquo;s valuable contribution to organize the fellowship program.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-09-15',
			'modified' => '2017-09-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6370',
			'image' => '20170915115417_hb.jpg',
			'article_date' => '2017-09-15 00:00:00',
			'homepage' => false,
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			'main_news' => true,
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	(int) 8 => array(
		'Article' => array(
			'id' => '6586',
			'article_category_id' => '1',
			'title' => 'SEBON forms probe committee',
			'sub_title' => '',
			'summary' => 'September 14: Securities Board of Nepal (SEBON) has annulled the share transaction of Nepal Investment Bank on September 6. ',
			'content' => '<p><strong>September 14: Securities Board of Nepal (SEBON) has annulled the share transaction of Nepal Investment Bank on September 6. Nepse spokesperson Murahari Parajuli informed that the board had sent a written instruction to the bank in this regard.</strong></p>

<p><strong>On that particular day, 822 transactions worth Rs 70,976,846 for a total of 91,979 units of shares of the bank had taken place. </strong></p>

<p><strong>The bank had announced a notice on the website of Nepse on September 6 that it would issue 25 percent bonus shares and 16 percent cash dividend from the profit of fiscal year 2016/17. But later, it made a correction stating that it would issue 25 percent cash dividend and 15 percent bonus shares. </strong></p>

<p><strong>SEBON has already formed a three-member probe committee regarding this issue. The bank on its part has admitted that there were some typing errors leading to the mistake. </strong></p>

<p><strong>Meanwhile, SEBON spokesperson Niraj Giri said that the bank clarified the board that it made the error in haste and later made correction after being notified about the incident.</strong></p>
',
			'published' => true,
			'created' => '2017-09-14',
			'modified' => '2017-09-14',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6369',
			'image' => null,
			'article_date' => '2017-09-14 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '6585',
			'article_category_id' => '1',
			'title' => 'Small and Cottage Industries Hard Hit by New Banking Provision',
			'sub_title' => '',
			'summary' => 'September 14: Small and cottage industries entrepreneurs have been hard hit by the government’s directive to deal with financial transactions worth more than Rs 1 million through banking channel from the current fiscal year 2017/18.',
			'content' => '<p>September 14: Small and cottage industries entrepreneurs have been hard hit by the government&rsquo;s directive to deal with financial transactions worth more than Rs 1 million through banking channel from the current fiscal year 2017/18.</p>

<p>Government decided to make banking transaction compulsory in a bid to control investment on money laundering and terrorism. But the entrepreneurs have been bearing the brunt of the decision.</p>

<p>In order to effectively implement the Money Laundering Prevention Act, 2064, the government has made it compulsory for individuals, firms, companies or organizations to go through banking transactions while buying or selling any services and goods worth more than Rs 1 million starting from the first month of the current FY.</p>

<p>The provision will not have much impact on big business houses, according to Shekhar Golchha, senior vice-president of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI).</p>

<p>Similarly, Rajesh Kaji Shrestha, president of Nepal Chamber of Commerce (NCC) mentioned that the traditional businesses are trying to adjust to the new system. However, small and cottage industry entrepreneurs said they are having a hard time due to the new directive.</p>

<p>According to the entrepreneurs, the provision has created problems specially while making payment for import raw materials. &ldquo;Despite having money, we are not able to bring goods,&rdquo; one of the entrepreneurs expressed his problem.</p>

<p>In addition, the entrepreneur said that in most of the situation transactions are done through cash payment and sometimes they also work in credit. &ldquo;The changed provision has created problems for small transactions,&rdquo; the entrepreneur said, adding, &ldquo;Neither we can import raw materials fast through cash payment nor we can get the goods in credit like before.&rdquo;</p>

<p>Meanwhile, Mohan Katuwal, president of the Federation of Nepal Cottage and Small Scale Industries (FNCSI) said that the government needs to introduce alternative provisions before implementing provisions that can create trouble to the entrepreneurs.</p>

<p>Also, he further commented that the government&rsquo;s decisions should be business friendly. To find out a solution to the problem, entrepreneurs have decided to hold public discussions and seek for assistance from ministers and related ministries, said sources.&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-09-14',
			'modified' => '2017-09-14',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6368',
			'image' => null,
			'article_date' => '2017-09-14 00:00:00',
			'homepage' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '6584',
			'article_category_id' => '1',
			'title' => 'Fulbari Resort Closed Indefinitely',
			'sub_title' => '',
			'summary' => 'September 14: Pokhara’s famed hotel, Fulbari Resort, has been shut down for an indefinite period due to the confrontation between the workers and the management committee. ',
			'content' => '<p>September 14: Pokhara&rsquo;s famed hotel, Fulbari Resort, has been shut down for an indefinite period due to the confrontation between the workers and the management committee. The five-star hotel came into operation about two decades ago with an investment of Rs 3 billion.</p>

<p>The workers and the hotel management had held talks time and again to resolve the issue related to the workers&rsquo; payment but to no avail. Finally, the workers decided to put off their strike and leave the hotel after the latter agreed to pay all the outstanding dues including those during the standoff period, informed Nabaraj Giri, vice president of the Fulbari chapter of All Nepal Hotel and Restaurant Workers Association.</p>

<p>After reaching the agreement with the workers, the management committee of the hotel decided to close the hotel for an indefinite period.</p>

<p>As per the understanding reached between the two sides, the hotel will be providing 40 percent of the dues right away and the remaining 60 percent after two months.</p>

<p>Besides the monthly salary, the workers will get all the benefits including social security fund and provident fund.</p>

<p>With the closure of the resort that had played an important role in tourism, 117 staff of the hotel have now become unemployed. According to Giri, all of the workers have left and the management itself is looking after the hotel.</p>

<p>Western Regional Hotel Association President Bikal Tulachan said that the closure of a hotel which has been synonymous to Pokhara&rsquo;s tourism history would have negative impact on the overall tourism industry.</p>

<p>&ldquo;Big and small hotel entrepreneurs have been worried after the incident. They have started thinking whether their investment is safe or not,&rdquo; said Tulachan.</p>

<p>&ldquo;It is unfortunate that the state became a mute spectator to the collapse of a sole enterprise, which had been contributing a lot to the state coffers,&rdquo; he added.</p>

<p>The resort said it sent off its staff after it was unable to fulfill all the demands of the workers since it had remained shut for a long period. &nbsp;</p>

<p>The resort is spread across 209 ropanis of land. The resort, which came into operation in 1998, has 165 rooms.</p>
',
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			'created' => '2017-09-14',
			'modified' => '2017-09-14',
			'keywords' => '',
			'description' => '',
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			'image' => '20170914034345_new.jpg',
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	(int) 11 => array(
		'Article' => array(
			'id' => '6583',
			'article_category_id' => '1',
			'title' => 'OPPO to Launch New Line-up A71 Soon',
			'sub_title' => '',
			'summary' => 'September 14: OPPO is all set to launch its latest selfie technology with a spectacular design in Nepal. ',
			'content' => '<p>September 14: OPPO is all set to launch its latest selfie technology with a spectacular design in Nepal. The company said it will introduce the new camera phone A71 equipped with octa-core processor, 3GB RAM and 3000mAH battery on September 18.<br />
Issuing a press statement, the company said that OPPO A71 inherits the core OPPO photography technology with Beautify 4.0 app on the front camera and optimized rear camera to capture life&rsquo;s fun moments.&nbsp;<br />
&ldquo;Also, the slim metallic uni-body of A71 will make it stand-out at first sight. OPPO A71 will be released in gold colour, and will be available in offline stores nationwide,&rdquo; the press statement said.<br />
Commenting on OPPO A71, CEO of OPPO Nepal Johnny Ge said, &ldquo;We are all set to bring another Camera phone A71 with latest selfie technology and spectacular design in Nepal. We are really hopeful that we will be able to satisfy our customers&#39; needs and demands through OPPO A71.&rdquo;<br />
The company said that the new OPPO model is expected to enable smoother multitasking and switching between apps delivering a faster and more convenient experience for taking photos, watching videos and playing games.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-09-14',
			'modified' => '2017-09-14',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6366',
			'image' => '20170914015043_A71-11.jpg',
			'article_date' => '2017-09-14 00:00:00',
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	(int) 12 => array(
		'Article' => array(
			'id' => '6582',
			'article_category_id' => '1',
			'title' => 'KOSEP Supports Nepal’s Flood Victims',
			'sub_title' => '',
			'summary' => 'September 14: KOSEP, a South Korean government-owned power generating company having installed capacity of more than 10,000 MW in the Korean peninsula, has contributed USD 100,000 (NRs 10,257,871) for the victims of recent flood and landslides in Nepal through Prime Minister Disaster Relief Fund.',
			'content' => '<p>September 14: KOSEP, a South Korean government-owned power generating company having installed capacity of more than 10,000 MW in the Korean peninsula, has contributed USD 100,000 (NRs 10,257,871) for the victims of recent flood and landslides in Nepal through Prime Minister Disaster Relief Fund.</p>

<p>The company is currently developing Upper Trishuli-1 Hydroelectric Project (216 MW) located in Rasuwa district, reads a press statement issued by Nepal Water &amp; Energy Development Company P Ltd (NWEDC), which is a special purpose company registered in Nepal for development of Upper Trishuli-1 Hydroelectric Project.</p>

<p>The CEO of KOSEP Jaewon Chang handed over the cheque to Deputy Prime Minister and Foreign Minister Krishna Bahadur Mahara at his office on Wednesday, September 13.</p>

<p>Currently, the delegates from KOSEP are in Nepal to support the flood-affected families in Nepal as a part of Corporate Social Responsibility (CSR) of the company.</p>

<p>Earlier, NWEDC and its employees had contributed NRs 546,300 as a support to victims affected by flood through Prime Minister Relief Fund.</p>

<p>KOSEP is the main sponsor of Upper Trishul-1 Hydroelectric Project. The hydropower project has already concluded Project Development Agreement (PDA) with Ministry of Energy, Government of Nepal on December 29, 2016 and is in a process of PPA negotiation with NEA<a name="_GoBack"></a>.</p>

<p>&ldquo;KOSEP and its subsidiary company, NWEDC, strongly believe that development of electricity is one of the core factors in upgrading the living standard of people and economic development of the country,&rdquo; the statement said.</p>

<p>Similarly, both the companies said they consider Corporate Social Responsibility as a crucial component and believe in shared value creation and bringing positive impact to the society at large. As a part of this, the project said it contributed to the project affected communities at the time of devastating earthquake of April 25, 2015 by distributing immediate relief package to the earthquake victims in the project area.</p>

<p>It also constructed two school buildings and one health post in the project affected VDCs which were destroyed by the earthquake.</p>

<p>&nbsp;</p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '6365',
			'image' => '20170914011410_13092017_Charity towards Nepal Prime Minister Disaster aRelief Fund.jpg',
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	(int) 13 => array(
		'Article' => array(
			'id' => '6581',
			'article_category_id' => '1',
			'title' => 'Nikon wins EISA award',
			'sub_title' => '',
			'summary' => 'September 14: The latest model of Nikon DSLR camera, the D7500, has bagged the EISA Prosumer DSLR Camera 2017-2018 award presented by the European Imaging and Sound Association (EISA).',
			'content' => '<p>September 14: The latest model of Nikon DSLR camera, the D7500, has bagged the EISA Prosumer DSLR Camera 2017-2018 award presented by the European Imaging and Sound Association (EISA).</p>

<p>Since its establishment in 1982, EISA has chosen and honored the best imaging products released in Europe from a number of categories, Nikon said in a statement on September 13.</p>

<p>According to the company, the D7500 is equipped with the same EXPEED 5 image-processing engine and DX-format CMOS sensor as Nikon&#39;s flagship DX-format digital SLR camera, the D500, to enable superior image quality with minimal noise throughout its entire ISO 100&ndash;51200 range of standard sensitivities.</p>

<p>&ldquo;The similar superior image quality and high-speed performance available with the D500 is packed into a slim and lightweight body, making the D7500 popular with a wide range of users, from the beginners to the experienced, although it is a mid-level model,&rdquo; the statement said.</p>

<p>The D7500 is an advanced DSLR camera that packs much of the innovation of the acclaimed D500 into a lightweight, robust and more affordable body, the statement further said.</p>

<p>&ldquo;Using the same 20.9 million pixel image sensor, processor and wide ISO range as the D500, the D7500 is a capable and versatile tool in the hands of a passionate photographer. With a burst speed of 8 frames per second and Nikon&rsquo;s proven 51-point AF system it is well suited to capturing fast action. Thanks to Nikon&rsquo;s SnapBridge technology, transferring images to a smart device is fast and seamless.&rdquo;</p>
',
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			'modified' => '2017-09-14',
			'keywords' => '',
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			'sortorder' => '6364',
			'image' => '20170914125052_Clipboard01.jpg',
			'article_date' => '2017-09-14 00:00:00',
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	(int) 14 => array(
		'Article' => array(
			'id' => '6580',
			'article_category_id' => '1',
			'title' => 'Made in Pakistan Expo Underway      ',
			'sub_title' => '',
			'summary' => 'September 14: The 8th edition of Made in Pakistan Expo is underway in Kathmandu at the United World Trade Centre from September 13 to 19.',
			'content' => '<p style="text-align: justify;">September 14: The 8<sup>th</sup> edition of Made in Pakistan Expo is underway in Kathmandu at the United World Trade Centre from September 13 to 19.</p>

<p style="text-align: justify;">The expo was inaugurated by Minister for Commerce Min Bahadur Bishwakarma on September 13, reads a press statement issued by Kathmandu-based Pakistani Embassy.&nbsp;&nbsp;&nbsp;&nbsp;</p>

<p style="text-align: justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; According to the Embassy of Pakistan, the expo is being organized by the Rawalpindi Chambers of Commerce and Industry in collaboration with a number of Pakistani businessmen, who are exhibiting their products.</p>

<p style="text-align: justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Pakistani products which include furniture, leather items, handicrafts, textile products, artificial jewelry etc are for sale at the exhibition. A group of more than 50 businessmen is participating in this trade fair.</p>

<p style="text-align: justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The event will greatly help in introducing Pakistani products to the Nepali consumers and provide a platform for interaction between the businessmen of the two countries. This will in turn result in enhancing the volume of trade between the two countries, the embassy said.</p>

<p style="text-align: justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Exhibition will remain open for public till September 19 from 10:00 am to 07:00 pm at United World Trade Center, Tripureshwar, Kathmandu,</p>

<p style="text-align: justify;">.</p>
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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

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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    if(!$xml = simplexml_load_file($file)){
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		'Article' => array(
			'id' => '6594',
			'article_category_id' => '1',
			'title' => 'Interest for Deprived Sector Lending Doubles Within a Year',
			'sub_title' => '',
			'summary' => 'September 15: Nepal Rastra Bank’s efforts in poverty reduction by providing subsidised rates for deprived sector lending has double within a year.',
			'content' => '<p>September 15: Nepal Rastra Bank&rsquo;s efforts in poverty reduction by providing subsidised rates for deprived sector lending has double within a year. The rate of interest for the marginalised group was 5 percent at the beginning of last fiscal year 2016/17. But the rate has increased to 10 percent in the current fiscal year, as shown by the latest report published by the central bank. &nbsp;</p>

<p>As per the regulations set by Nepal Rastra Bank, commercial banks should provide at least 5 percent of their total lending to the deprived sector. Although such provision was introduced with the aim of reducing poverty, the deprived sector has been hard hit with the two-fold increase in the rate of interest.</p>

<p>The banks say that all types of interest have been increased due to lack of investible capital. They argue that it is not unnatural for the rise in interest rate for deprived sector lending.</p>

<p>As the majority of deprived sector lending is done by microfinance institutes, it is natural that the rate will rise when the cost of operation of the institutions increases, says NMB Bank&rsquo;s CEO Sunil KC.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'id' => '6593',
			'article_category_id' => '1',
			'title' => 'CAAN Signs Agreement with France For Air Safety Measures',
			'sub_title' => '',
			'summary' => 'September 15: Civil Aviation Authority of Nepal (CAAN) has signed an agreement with its French counterpart, Civil Aviation of France (CAF), for mutual cooperation and support in the aviation sector.',
			'content' => '<p>September 15: Civil Aviation Authority of Nepal (CAAN) has signed an agreement with its French counterpart, Civil Aviation of France (CAF), for mutual cooperation and support in the aviation sector.</p>

<p>The French team will support Nepal in improving air safety standards, informed CAAN.</p>

<p>CAAN General Manager Sanjeev Gautam and CAF&rsquo;s international mission Director Bernard Dey Lacomb signed the agreement on September 14 on behalf of their respective organizations.</p>

<p>During the function, Gautam said that this step was aimed at addressing the concerns raised by European Union and International Civil Aviation Organization (ICAO) regarding Nepal&rsquo;s &nbsp;air safety standards.</p>

<p>Nepal and France had earlier signed an agreement regarding civil aviation in 1997 and this latest agreement is expected to review the old agreements and move a step forward.</p>

<p>Meanwhile, Lacomb expressed his happiness to extend support in helping Nepal improve its air safety standards.</p>

<p>&nbsp;</p>
',
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			'id' => '6592',
			'article_category_id' => '1',
			'title' => 'Lumbini Provides Packed Food to Differently Abled Children',
			'sub_title' => '',
			'summary' => 'September 15: Lumbini Bikas Bank distributed food to differently abled children of Narayantar-based Khagendra Navajeevan Special Education School. ',
			'content' => '<p>September 15: Lumbini Bikas Bank distributed food to differently abled children of Narayantar-based Khagendra Navajeevan Special Education School. The bank took the initiative on the occasion of International Children&rsquo;s Day on Thursday, September 14&nbsp; as part of its corporate social responsibility. Altogether 350 children and teachers received the packed foods from the bank, reads a statement issued by the bank. Earlier, the bank had provided sound system to the same institution.</p>
',
			'published' => true,
			'created' => '2017-09-15',
			'modified' => '2017-09-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6375',
			'image' => null,
			'article_date' => '2017-09-15 00:00:00',
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		'Article' => array(
			'id' => '6591',
			'article_category_id' => '1',
			'title' => 'Volkswagen Announces Exchange Offer',
			'sub_title' => '',
			'summary' => 'September 15: The local distributor of Volkswagen in Gandaki and Dhaulagiri zones has started an exchange offer since September 15.',
			'content' => '<p>September 15: The local distributor of Volkswagen in Gandaki and Dhaulagiri zones has started an exchange offer since September 15. The three-day event organized by Outdrive Enterprises will conclude on September 17.</p>

<p>During the exchange offer to be held at Pokhara-based showroom of Volkswagen, people can bring vehicles of any brand and take away new models of Volkswagen after proper evaluation of the old vehicles, the organizer said in a statement.</p>

<p>&nbsp;Different models of Volkswagen including Polo, Cross Polo, Polo GT, OT Gear are available for exchange, the statement said.</p>

<p>Managing Director of Outdrive Enterprises Puneet Vaidhya informed that the customers can book new cars while they will be provided with good amount for the old cars.</p>

<p>Besides, the organizer has also set up food stalls and offers exchange bonus as well as test drive opportunity&nbsp; and special gift hampers.&nbsp;</p>
',
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			'created' => '2017-09-15',
			'modified' => '2017-09-15',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6374',
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			'article_date' => '2017-09-15 00:00:00',
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	(int) 4 => array(
		'Article' => array(
			'id' => '6590',
			'article_category_id' => '1',
			'title' => 'Rs 30 Billion Invested on Financial Literacy',
			'sub_title' => '',
			'summary' => 'September 15: The World Bank has provided Rs 30 billion so far to help improve the financial literacy of Nepal.',
			'content' => '<p>September 15: The World Bank has provided Rs 30 billion so far to help improve the financial literacy of Nepal. The World Bank provided Rs 7 billion to Nepal between 2000 to 2009 to this end, informed Nara Bahadur Thapa, executive director at the research department of Nepal Rastra Bank.</p>

<p>Besides, Asian Development Bank has also provided Rs 15 billion for financial literacy. Thapa admitted that although such a large amount was invested for awareness campaigns and trainings in order to achieve financial literacy, they have not been able to meet their target as expected.</p>

<p>&ldquo;We cannot improve the financial literacy of Nepal by seeking for foreign support always. Therefore, the banks and financial institutions should take the initiative,&rdquo; said Thapa.</p>

<p>Speaking at the closing ceremony of a seven-day banking training organized by Media International in the capital on Thursday, September 14, Thapa highlighted the importance of financial literacy and shed light on the support received so far by the government in this regard.</p>

<p>According to Thapa, 34 percent population of Nepal have access to banking services while only 18 percent of the total population is financially literate. &nbsp;</p>
',
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			'sortorder' => '6373',
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		'Article' => array(
			'id' => '6589',
			'article_category_id' => '1',
			'title' => 'Tata Yodha Rolls-out on Nepali Roads',
			'sub_title' => '',
			'summary' => 'September 15: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, unveiled Tata Yodha amid a programme in the capital on September 14.',
			'content' => '<p>September 15: Sipradi Trading, the authorized distributor of Tata Motors in Nepal, unveiled Tata Yodha amid a programme in the capital on September 14.</p>

<p>Speaking at the launching ceremony, Rudrarup Maitra, vice- president of Commercial Vehicles and International Business of Tata Motors said, &ldquo;Tata Yodha promises non-stop performance, unmatched comfort, integrated safety features, stylish looks and assured service guarantee.&rdquo;</p>

<p>&nbsp;He also claimed that the company will launch new variants under the Yodha series in six months.</p>

<p>Similarly, Siddhartha SJB Rana, chairman of Sipradi Trading, informed that the partnership with Tata Motors dates back to 1982 AD.</p>

<p>&ldquo;We, at Sipradi, will continue to support these products with the best purchase and help maintain high quality,&rdquo; he said, adding, &ldquo;The Tata Yodha with its promising features strengthens our belief in Tata Motors vehicles, which are known to offer high value proposition to the Nepalese customers, for their utility, ruggedness and fuel-efficiency.&rdquo;</p>

<p>According to a press release issued by the company, Tata Yodha comes with impressive features that give it a competitive edge.</p>

<p>&ldquo;It will be available in multiple variants equipped with a powerful 85 HP 3.0L engine generating 250Nm of torque, making it a category leader,&rdquo; reads the statement. Furthermore, its ground clearance make the new Tata Yodha suitable for diverse business requirements like transporting agro-produce (fruits and vegetable), poultry, fish, milk, cash van, service support vehicle at construction sites, the statement said.</p>
',
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			'sortorder' => '6372',
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	(int) 6 => array(
		'Article' => array(
			'id' => '6588',
			'article_category_id' => '1',
			'title' => 'Ford Volunteer Contribute for a Social Cause',
			'sub_title' => '',
			'summary' => 'September 15: Volunteers from Ford took part in community service on September 14 to mark the Ford Global Caring Month. ',
			'content' => '<p><strong>September 15: </strong>Volunteers from Ford took part in community service on September 14 to mark the Ford Global Caring Month. The company informed that altogether 40 volunteers were involved in the social activity</p>

<p>The community service was initiated jointly by GO Ford Nepal and Round Table Nepal as part of a series of activities to create equal opportunity for students to acquire education and basic sanitation knowledge, the company said in a statement.</p>

<p>&ldquo;September marks the 12<sup>th</sup> annual Ford Global Caring Month and thousands of Ford employees around the world &ndash; collectively known as the &lsquo;Ford Volunteer Corps&rsquo; &ndash; venture out into their communities to make people&rsquo;s lives better,&rdquo; the statement said.</p>

<p>&ldquo;We are proud to be part of Ford Global Caring Month, and are truly inspired by all the work that Ford employees, dealers and local partners are doing across the globe,&rdquo; said Akash Golchha, MD of G Automobiles, the authorised distributor of Ford in Nepal. &ldquo;Together, we are making a positive difference to the neighbourhoods and communities where we live and work.&rdquo;</p>

<p>The company said that more than 30,000 Ford volunteers will tackle more than 600 projects in six continents during September. Ford Motor Company Fund, the philanthropic arm of Ford Motor Company, will also contribute $600,000 in grants to purchase tools and supplies for many of the volunteer projects.</p>

<p>Since the launch of Ford Global Caring Month in 2005, Ford Volunteer Corps members have contributed more than one million hours of community service in 50 countries, representing more than $30 million of in-kind community investments, the company said.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'image' => '20170915115617_Ford-Logo.jpg',
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		'Article' => array(
			'id' => '6587',
			'article_category_id' => '1',
			'title' => 'Himalayan Bank Provides Fellowship Award',
			'sub_title' => '',
			'summary' => 'September 15: Himalayan Bank Limited has awarded this year’s HBL-Daayitwa Fellowship Award-2017 to the Nepali nationals working in the public service sector.  ',
			'content' => '<p style="text-align: justify;">September 15: Himalayan Bank Limited has awarded this year&rsquo;s HBL-Daayitwa Fellowship Award-2017 to the Nepali nationals working in the public service sector. &nbsp;The bank said in a statement that it has been sponsoring six Nepali fellows since 2016.</p>

<p style="text-align: justify;">&ldquo;The fellows promote economic prosperity of the country working with various government agencies and policy makers to collaborate and innovate in the governance system,&rdquo; the statement said.</p>

<p style="text-align: justify;">CEO of HBL Ashoke SJB Rana handed over the cheque of sponsorship amount of Rs 504,000 to Dr Pukar Malla, executive director of Daayitwa amidst a function held at Himalayan Bank Ltd&rsquo;s corporate office on September 14. At the function Dr Malla had also handed over a token of appreciation to CEO Rana for the bank&rsquo;s valuable contribution to organize the fellowship program.&nbsp;</p>
',
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			'sortorder' => '6370',
			'image' => '20170915115417_hb.jpg',
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	(int) 8 => array(
		'Article' => array(
			'id' => '6586',
			'article_category_id' => '1',
			'title' => 'SEBON forms probe committee',
			'sub_title' => '',
			'summary' => 'September 14: Securities Board of Nepal (SEBON) has annulled the share transaction of Nepal Investment Bank on September 6. ',
			'content' => '<p><strong>September 14: Securities Board of Nepal (SEBON) has annulled the share transaction of Nepal Investment Bank on September 6. Nepse spokesperson Murahari Parajuli informed that the board had sent a written instruction to the bank in this regard.</strong></p>

<p><strong>On that particular day, 822 transactions worth Rs 70,976,846 for a total of 91,979 units of shares of the bank had taken place. </strong></p>

<p><strong>The bank had announced a notice on the website of Nepse on September 6 that it would issue 25 percent bonus shares and 16 percent cash dividend from the profit of fiscal year 2016/17. But later, it made a correction stating that it would issue 25 percent cash dividend and 15 percent bonus shares. </strong></p>

<p><strong>SEBON has already formed a three-member probe committee regarding this issue. The bank on its part has admitted that there were some typing errors leading to the mistake. </strong></p>

<p><strong>Meanwhile, SEBON spokesperson Niraj Giri said that the bank clarified the board that it made the error in haste and later made correction after being notified about the incident.</strong></p>
',
			'published' => true,
			'created' => '2017-09-14',
			'modified' => '2017-09-14',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6369',
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	(int) 9 => array(
		'Article' => array(
			'id' => '6585',
			'article_category_id' => '1',
			'title' => 'Small and Cottage Industries Hard Hit by New Banking Provision',
			'sub_title' => '',
			'summary' => 'September 14: Small and cottage industries entrepreneurs have been hard hit by the government’s directive to deal with financial transactions worth more than Rs 1 million through banking channel from the current fiscal year 2017/18.',
			'content' => '<p>September 14: Small and cottage industries entrepreneurs have been hard hit by the government&rsquo;s directive to deal with financial transactions worth more than Rs 1 million through banking channel from the current fiscal year 2017/18.</p>

<p>Government decided to make banking transaction compulsory in a bid to control investment on money laundering and terrorism. But the entrepreneurs have been bearing the brunt of the decision.</p>

<p>In order to effectively implement the Money Laundering Prevention Act, 2064, the government has made it compulsory for individuals, firms, companies or organizations to go through banking transactions while buying or selling any services and goods worth more than Rs 1 million starting from the first month of the current FY.</p>

<p>The provision will not have much impact on big business houses, according to Shekhar Golchha, senior vice-president of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI).</p>

<p>Similarly, Rajesh Kaji Shrestha, president of Nepal Chamber of Commerce (NCC) mentioned that the traditional businesses are trying to adjust to the new system. However, small and cottage industry entrepreneurs said they are having a hard time due to the new directive.</p>

<p>According to the entrepreneurs, the provision has created problems specially while making payment for import raw materials. &ldquo;Despite having money, we are not able to bring goods,&rdquo; one of the entrepreneurs expressed his problem.</p>

<p>In addition, the entrepreneur said that in most of the situation transactions are done through cash payment and sometimes they also work in credit. &ldquo;The changed provision has created problems for small transactions,&rdquo; the entrepreneur said, adding, &ldquo;Neither we can import raw materials fast through cash payment nor we can get the goods in credit like before.&rdquo;</p>

<p>Meanwhile, Mohan Katuwal, president of the Federation of Nepal Cottage and Small Scale Industries (FNCSI) said that the government needs to introduce alternative provisions before implementing provisions that can create trouble to the entrepreneurs.</p>

<p>Also, he further commented that the government&rsquo;s decisions should be business friendly. To find out a solution to the problem, entrepreneurs have decided to hold public discussions and seek for assistance from ministers and related ministries, said sources.&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
',
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			'created' => '2017-09-14',
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	(int) 10 => array(
		'Article' => array(
			'id' => '6584',
			'article_category_id' => '1',
			'title' => 'Fulbari Resort Closed Indefinitely',
			'sub_title' => '',
			'summary' => 'September 14: Pokhara’s famed hotel, Fulbari Resort, has been shut down for an indefinite period due to the confrontation between the workers and the management committee. ',
			'content' => '<p>September 14: Pokhara&rsquo;s famed hotel, Fulbari Resort, has been shut down for an indefinite period due to the confrontation between the workers and the management committee. The five-star hotel came into operation about two decades ago with an investment of Rs 3 billion.</p>

<p>The workers and the hotel management had held talks time and again to resolve the issue related to the workers&rsquo; payment but to no avail. Finally, the workers decided to put off their strike and leave the hotel after the latter agreed to pay all the outstanding dues including those during the standoff period, informed Nabaraj Giri, vice president of the Fulbari chapter of All Nepal Hotel and Restaurant Workers Association.</p>

<p>After reaching the agreement with the workers, the management committee of the hotel decided to close the hotel for an indefinite period.</p>

<p>As per the understanding reached between the two sides, the hotel will be providing 40 percent of the dues right away and the remaining 60 percent after two months.</p>

<p>Besides the monthly salary, the workers will get all the benefits including social security fund and provident fund.</p>

<p>With the closure of the resort that had played an important role in tourism, 117 staff of the hotel have now become unemployed. According to Giri, all of the workers have left and the management itself is looking after the hotel.</p>

<p>Western Regional Hotel Association President Bikal Tulachan said that the closure of a hotel which has been synonymous to Pokhara&rsquo;s tourism history would have negative impact on the overall tourism industry.</p>

<p>&ldquo;Big and small hotel entrepreneurs have been worried after the incident. They have started thinking whether their investment is safe or not,&rdquo; said Tulachan.</p>

<p>&ldquo;It is unfortunate that the state became a mute spectator to the collapse of a sole enterprise, which had been contributing a lot to the state coffers,&rdquo; he added.</p>

<p>The resort said it sent off its staff after it was unable to fulfill all the demands of the workers since it had remained shut for a long period. &nbsp;</p>

<p>The resort is spread across 209 ropanis of land. The resort, which came into operation in 1998, has 165 rooms.</p>
',
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	(int) 11 => array(
		'Article' => array(
			'id' => '6583',
			'article_category_id' => '1',
			'title' => 'OPPO to Launch New Line-up A71 Soon',
			'sub_title' => '',
			'summary' => 'September 14: OPPO is all set to launch its latest selfie technology with a spectacular design in Nepal. ',
			'content' => '<p>September 14: OPPO is all set to launch its latest selfie technology with a spectacular design in Nepal. The company said it will introduce the new camera phone A71 equipped with octa-core processor, 3GB RAM and 3000mAH battery on September 18.<br />
Issuing a press statement, the company said that OPPO A71 inherits the core OPPO photography technology with Beautify 4.0 app on the front camera and optimized rear camera to capture life&rsquo;s fun moments.&nbsp;<br />
&ldquo;Also, the slim metallic uni-body of A71 will make it stand-out at first sight. OPPO A71 will be released in gold colour, and will be available in offline stores nationwide,&rdquo; the press statement said.<br />
Commenting on OPPO A71, CEO of OPPO Nepal Johnny Ge said, &ldquo;We are all set to bring another Camera phone A71 with latest selfie technology and spectacular design in Nepal. We are really hopeful that we will be able to satisfy our customers&#39; needs and demands through OPPO A71.&rdquo;<br />
The company said that the new OPPO model is expected to enable smoother multitasking and switching between apps delivering a faster and more convenient experience for taking photos, watching videos and playing games.&nbsp;</p>
',
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			'image' => '20170914015043_A71-11.jpg',
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	(int) 12 => array(
		'Article' => array(
			'id' => '6582',
			'article_category_id' => '1',
			'title' => 'KOSEP Supports Nepal’s Flood Victims',
			'sub_title' => '',
			'summary' => 'September 14: KOSEP, a South Korean government-owned power generating company having installed capacity of more than 10,000 MW in the Korean peninsula, has contributed USD 100,000 (NRs 10,257,871) for the victims of recent flood and landslides in Nepal through Prime Minister Disaster Relief Fund.',
			'content' => '<p>September 14: KOSEP, a South Korean government-owned power generating company having installed capacity of more than 10,000 MW in the Korean peninsula, has contributed USD 100,000 (NRs 10,257,871) for the victims of recent flood and landslides in Nepal through Prime Minister Disaster Relief Fund.</p>

<p>The company is currently developing Upper Trishuli-1 Hydroelectric Project (216 MW) located in Rasuwa district, reads a press statement issued by Nepal Water &amp; Energy Development Company P Ltd (NWEDC), which is a special purpose company registered in Nepal for development of Upper Trishuli-1 Hydroelectric Project.</p>

<p>The CEO of KOSEP Jaewon Chang handed over the cheque to Deputy Prime Minister and Foreign Minister Krishna Bahadur Mahara at his office on Wednesday, September 13.</p>

<p>Currently, the delegates from KOSEP are in Nepal to support the flood-affected families in Nepal as a part of Corporate Social Responsibility (CSR) of the company.</p>

<p>Earlier, NWEDC and its employees had contributed NRs 546,300 as a support to victims affected by flood through Prime Minister Relief Fund.</p>

<p>KOSEP is the main sponsor of Upper Trishul-1 Hydroelectric Project. The hydropower project has already concluded Project Development Agreement (PDA) with Ministry of Energy, Government of Nepal on December 29, 2016 and is in a process of PPA negotiation with NEA<a name="_GoBack"></a>.</p>

<p>&ldquo;KOSEP and its subsidiary company, NWEDC, strongly believe that development of electricity is one of the core factors in upgrading the living standard of people and economic development of the country,&rdquo; the statement said.</p>

<p>Similarly, both the companies said they consider Corporate Social Responsibility as a crucial component and believe in shared value creation and bringing positive impact to the society at large. As a part of this, the project said it contributed to the project affected communities at the time of devastating earthquake of April 25, 2015 by distributing immediate relief package to the earthquake victims in the project area.</p>

<p>It also constructed two school buildings and one health post in the project affected VDCs which were destroyed by the earthquake.</p>

<p>&nbsp;</p>
',
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			'created' => '2017-09-14',
			'modified' => '2017-09-14',
			'keywords' => '',
			'description' => '',
			'sortorder' => '6365',
			'image' => '20170914011410_13092017_Charity towards Nepal Prime Minister Disaster aRelief Fund.jpg',
			'article_date' => '2017-09-14 00:00:00',
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	(int) 13 => array(
		'Article' => array(
			'id' => '6581',
			'article_category_id' => '1',
			'title' => 'Nikon wins EISA award',
			'sub_title' => '',
			'summary' => 'September 14: The latest model of Nikon DSLR camera, the D7500, has bagged the EISA Prosumer DSLR Camera 2017-2018 award presented by the European Imaging and Sound Association (EISA).',
			'content' => '<p>September 14: The latest model of Nikon DSLR camera, the D7500, has bagged the EISA Prosumer DSLR Camera 2017-2018 award presented by the European Imaging and Sound Association (EISA).</p>

<p>Since its establishment in 1982, EISA has chosen and honored the best imaging products released in Europe from a number of categories, Nikon said in a statement on September 13.</p>

<p>According to the company, the D7500 is equipped with the same EXPEED 5 image-processing engine and DX-format CMOS sensor as Nikon&#39;s flagship DX-format digital SLR camera, the D500, to enable superior image quality with minimal noise throughout its entire ISO 100&ndash;51200 range of standard sensitivities.</p>

<p>&ldquo;The similar superior image quality and high-speed performance available with the D500 is packed into a slim and lightweight body, making the D7500 popular with a wide range of users, from the beginners to the experienced, although it is a mid-level model,&rdquo; the statement said.</p>

<p>The D7500 is an advanced DSLR camera that packs much of the innovation of the acclaimed D500 into a lightweight, robust and more affordable body, the statement further said.</p>

<p>&ldquo;Using the same 20.9 million pixel image sensor, processor and wide ISO range as the D500, the D7500 is a capable and versatile tool in the hands of a passionate photographer. With a burst speed of 8 frames per second and Nikon&rsquo;s proven 51-point AF system it is well suited to capturing fast action. Thanks to Nikon&rsquo;s SnapBridge technology, transferring images to a smart device is fast and seamless.&rdquo;</p>
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			'sortorder' => '6364',
			'image' => '20170914125052_Clipboard01.jpg',
			'article_date' => '2017-09-14 00:00:00',
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	(int) 14 => array(
		'Article' => array(
			'id' => '6580',
			'article_category_id' => '1',
			'title' => 'Made in Pakistan Expo Underway      ',
			'sub_title' => '',
			'summary' => 'September 14: The 8th edition of Made in Pakistan Expo is underway in Kathmandu at the United World Trade Centre from September 13 to 19.',
			'content' => '<p style="text-align: justify;">September 14: The 8<sup>th</sup> edition of Made in Pakistan Expo is underway in Kathmandu at the United World Trade Centre from September 13 to 19.</p>

<p style="text-align: justify;">The expo was inaugurated by Minister for Commerce Min Bahadur Bishwakarma on September 13, reads a press statement issued by Kathmandu-based Pakistani Embassy.&nbsp;&nbsp;&nbsp;&nbsp;</p>

<p style="text-align: justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; According to the Embassy of Pakistan, the expo is being organized by the Rawalpindi Chambers of Commerce and Industry in collaboration with a number of Pakistani businessmen, who are exhibiting their products.</p>

<p style="text-align: justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Pakistani products which include furniture, leather items, handicrafts, textile products, artificial jewelry etc are for sale at the exhibition. A group of more than 50 businessmen is participating in this trade fair.</p>

<p style="text-align: justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The event will greatly help in introducing Pakistani products to the Nepali consumers and provide a platform for interaction between the businessmen of the two countries. This will in turn result in enhancing the volume of trade between the two countries, the embassy said.</p>

<p style="text-align: justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Exhibition will remain open for public till September 19 from 10:00 am to 07:00 pm at United World Trade Center, Tripureshwar, Kathmandu,</p>

<p style="text-align: justify;">.</p>
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			'image' => '20170914122433_Photograph-8th Made in Pakistan Exhibition.jpg',
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