
Himalayan Airlines has decided to add more flights between Kathmandu and Doha.…
Himalayan Airlines has decided to add more flights between Kathmandu and Doha.…
NIC Asia Capital has started online service for its demat account holders.…
The global sales revenue of Huawei for the first six months of 2017 has increased by 36.2 percent year-on-year to CNY 105.4 billion, according to the first half year financial results of 2017 announced by Huawei Consumer Business Group on July…
The 15th meeting of Nepal-India Joint Team of Experts (JTE) on Saptakoshi High Dam Mulitpurpose Project and Sunkoshi storage-cum-diversion scheme held in Kathmandu from July 25-26 reviewed progress made since the last meeting of the…
Downtown Asan, known for its narrow alleys, unmanaged market and busy streets, has got a…
NMB Bank has reached an agreement with Singapore-based Bank-Genie to start fully automated banking service in Nepal.…
Securities Board of Nepal (SEBON) has said it will make the share market more competitive in the coming days by effective monitoring and supervision.…
Six thousand traders have obtained ExIm code for export and import of goods from Nepal after the government announced mandatory requirement of such code for foreign trade beginning from the current fiscal…
Entrepreneurs have drawn the attention of concerned authorities regarding the high rate of interest charged by banks.…
IME Motors, the authorised distributor of Ashok Leyland vehicles, has launched a mobile bike service to help its customers in repair and maintenance.…
NIC Asia Bank organized week-long programs to mark its 20th…
Coca-Cola Nepal has launched ‘Birko Kholau-Cash Jitau’ offer in Nepal.…
Mega Bank has opened its branch at Khalanga, Salyan in partnership with Sakchyam Access to Finance Programme organized by UK…
Janata Bank has introduced two new schemes – Janata Sansagat Bachat a/c and Janata Call a/c – targeting the institutional depositors.…
The government in the last fiscal year collected internal revenue worth Rs 258.17 billion.…
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '6322', 'article_category_id' => '1', 'title' => 'Himalayan Airlines to Operate Additional Flights to Doha during Dashain-Tihar', 'sub_title' => '', 'summary' => 'Himalayan Airlines has decided to add more flights between Kathmandu and Doha. ', 'content' => '<p>July 28: Himalayan Airlines has decided to add more flights between Kathmandu and Doha. The private airlines of Nepal has been operating just one flight to and fro Doha-Kathmandu per week at present. But from September 2, it is planning to operate 11 flights per week in the same route.</p> <p>However, the additional flights will be available only till October 28 as the main purpose of those flights is to ease the flow of Nepali migrant workers returning home for festivals like Dashain and Tihar.</p> <p>There will be two additional flights from August 3 and eight more by September 2, informed the airlines.</p> <p>In the first phase, the additional two flights will be operated on Tuesdays and Thursdays while the additional eight flights will take place on Tuesdays, Thursdays, Saturdays and Sundays.</p> <p>Himalayan Airlines’ administrative officer Bijay Shrestha said that they decided to operate extra flights for the convenience of Nepali migrant workers keeping in mind the large number of people returning home for celebration. </p> ', 'published' => true, 'created' => '2017-07-28', 'modified' => '2017-07-28', 'keywords' => '', 'description' => '', 'sortorder' => '6105', 'image' => '20170728024047_himalaya.jpg', 'article_date' => '2017-07-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6321', 'article_category_id' => '1', 'title' => 'NIC Asia Capital Starts Online Service for Demat Account Holders', 'sub_title' => '', 'summary' => 'NIC Asia Capital has started online service for its demat account holders. ', 'content' => '<p>July 28: NIC Asia Capital has started online service for its demat account holders. Now, the demat account holders can know about their transaction through CDS and Clearing software at a cost of Rs 50 per year. Clients can activate the service from NIC Asia Capital’s Babarmahal-based office or any branch of NIC Asia Bank.</p> ', 'published' => true, 'created' => '2017-07-28', 'modified' => '2017-07-30', 'keywords' => '', 'description' => '', 'sortorder' => '6104', 'image' => null, 'article_date' => '2017-07-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6320', 'article_category_id' => '1', 'title' => 'Global Sales of Huawei Rises by 36.2 Percent', 'sub_title' => '', 'summary' => 'The global sales revenue of Huawei for the first six months of 2017 has increased by 36.2 percent year-on-year to CNY 105.4 billion, according to the first half year financial results of 2017 announced by Huawei Consumer Business Group on July 27.', 'content' => '<p>July 28: The global sales revenue of Huawei for the first six months of 2017 has increased by 36.2 percent year-on-year to CNY 105.4 billion, according to the first half year financial results of 2017 announced by Huawei Consumer Business Group on July 27.</p> <p>Smartphone shipments also rose to 73.01 million, a year-on-year increase of 20.6 percent, reads a press statement issued by the Chinese smartphone brand, Huawei.</p> <p>“Our Consumer Business Group continued to deliver extraordinary growth, beating the industry average and penetrating high-end markets around the globe. This ongoing growth is testament to the strength of the Huawei brand and the momentum we’ve built through delivering premium, market-redefining devices that resonate with today’s discerning consumers,” the statement quoted Richard Yu, chief executive officer of Huawei’s Consumer Business Group, as saying.</p> <p>In the first quarter of 2017, Huawei’s market share rose to 9.8 percent of the global smartphone market, according to industry analysts IDC. This growth was driven by a significant increase in sales of mid-range and high-end smartphones in key geographies, reads the statement.</p> <p>“In Greater China, Huawei laid claim to 22.1 % of the market where shipments increased by 24 percent year-over-year. Huawei also saw rapid growth in smartphone shipment across Europe, reporting 18 percent year-over-year growth with particularly robust performance in Central and Eastern and Nordic Europe,” said the statement, adding, “The Huawei Consumer Business Group also experienced major breakthroughs in Asia-Pacific markets including Thailand, Malaysia, Japan and South Korea. Russia also grew strongly.”</p> <p>The statement further says that this year-on-year growth was reflected in Huawei’s rise as a globally recognized premium brand.</p> <p>In 2017, Huawei was listed 49th on BrandZ’s Top 100 Most Valuable Global Brands while it ranked 88th in Forbes World’s Most Valuable Brands and number 40 on the Brand Finance Global 500 Most Valuable Brands lists.</p> <p>“Huawei devices have resonated with global audiences because of our clear commitment to quality, experience and innovation,” added Yu.</p> <p>Huawei claimed that the company is set to grow its expansive retail network, reaching 56,000 retail stores worldwide by the end of 2017 – an increase from 35,000 in May 2016.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-07-28', 'modified' => '2017-07-28', 'keywords' => '', 'description' => '', 'sortorder' => '6103', 'image' => '20170728015340_800.jpg', 'article_date' => '2017-07-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6319', 'article_category_id' => '1', 'title' => 'India-Nepal Joint Meeting on Saptakoshi, Sunkoshi held', 'sub_title' => '', 'summary' => 'The 15th meeting of Nepal-India Joint Team of Experts (JTE) on Saptakoshi High Dam Mulitpurpose Project and Sunkoshi storage-cum-diversion scheme held in Kathmandu from July 25-26 reviewed progress made since the last meeting of the JTE.', 'content' => '<p>July 28: The 15<sup>th</sup> meeting of Nepal-India Joint Team of Experts (JTE) on Saptakoshi High Dam Mulitpurpose Project and Sunkoshi storage-cum-diversion scheme held in Kathmandu from July 25-26 reviewed progress made since the last meeting of the JTE.</p> <p>A press release issued by the Embassy of India states that the Nepalese team was led by Nabin Raj Singh, director general of the Department of Electricity while the Indian teal was led by Pradeep Kumar, member of Central Water Commission of the Government of India.</p> <p>“The meeting reviewed progress made since the 14th meeting of JTE including, follow-up action on decisions taken on various items of 14th meeting of JTE and review of progress made; environmental impact assessment studies; resettlement and rehabilitation plan; design flood studies; Glacier Lake Outburst Flood (GLOF) studies; power potential studies; power system and power evacuation studies; and drilling activities at the Saptakoshi High Dam site,” reads the press statement.</p> <p>The meeting also recommended the extension of time of the Joint Project Office of Saptakoshi Sunkoshi Investigation for a period of 30 months effective from March 1, 2017.</p> <p>The JTE has decided to hold the next meeting in February 2018.</p> ', 'published' => true, 'created' => '2017-07-28', 'modified' => '2017-07-28', 'keywords' => '', 'description' => '', 'sortorder' => '6102', 'image' => '20170728011458_indian.jpg', 'article_date' => '2017-07-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6318', 'article_category_id' => '1', 'title' => 'Downtown Asan Gets a Facelift', 'sub_title' => '', 'summary' => 'Downtown Asan, known for its narrow alleys, unmanaged market and busy streets, has got a facelift.', 'content' => '<p>July 27: Downtown Asan, known for its narrow alleys, unmanaged market and busy streets, has got a facelift.</p> <p>The old quarter of Kathmandu got a new look with the active participation of the locals along with Kathmandu Metropolitan City, the Department of Archaeology, the local police as well as tourist police.</p> <p>Efforts are underway to make the narrow roads and market place more systematic, clean and beautiful. Places like Indrachowk, Hasnumandhoka, Asan, Machhindrabahal, Bhotahity, Jamal and Bhimsensthan among other places are being developed into better market places with open spaces.</p> <p>UNESCO World Heritage Site Basantapur also lies in this area. There are still many quake damaged houses standing with support from wooden logs in the area.</p> <p>But the place started getting a new look after the locals clubs and residents of the area joined hands to form Kantipur Development Committee, which has taken initiative to protect the sites with historical significance and has also removed street vendors who used to occupy the paths unlawfully.</p> <p>The committee’s chairman Deepak Shrestha informed that this campaign has not only helped restore the beauty of the place but also helped in curbing unlawful activities.</p> <p>Shrestha informed that the initiative was taken with the support of the recently elected people’s representatives.</p> <p>The committee’s treasurer Pradeep Joche said that the removal of unlawful street vendors in areas like Kasthamandap of ward-19, Basantapur of ward-23, Hanumandhoka of ward-14, Asan and Machhindrabahal of ward-25, and Bhotahiti of ward-27 has eased the flow of movement of people as well as traffic.</p> <p>Proper management and protection of the downtown areas has made it easy for the locals as well as tourists to move around the area, informed Police Inspector Tulasa Khatiwada of the Tourist Police. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6101', 'image' => '20170727041505_asan.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6317', 'article_category_id' => '1', 'title' => 'NMB Bank to provide fully automated service', 'sub_title' => '', 'summary' => ' NMB Bank has reached an agreement with Singapore-based Bank-Genie to start fully automated banking service in Nepal. ', 'content' => '<p>July 27: NMB Bank has reached an agreement with Singapore-based Bank-Genie to start fully automated banking service in Nepal. As per the agreement, NMB Bank will start service for automated banking using tablet with the support from Ban-Genie.NMB Bank’s Chief Executive Officer (CEO) Sunil KC and Bank-Genie’s CEO Ram Kumar Sharma signed a memorandum of understanding to this effect.</p> <p>According to KC, this service will make NMB Bank one of the leading banks to provide digital banking service for the benefit of the customers.</p> <p> </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6100', 'image' => '20170727033345_nmb.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6316', 'article_category_id' => '1', 'title' => 'SEBON Determined to Enhance Reputation of Stock Market', 'sub_title' => '', 'summary' => 'Securities Board of Nepal (SEBON) has said it will make the share market more competitive in the coming days by effective monitoring and supervision. ', 'content' => '<p>July 27: Securities Board of Nepal (SEBON) has said it will make the share market more competitive in the coming days by effective monitoring and supervision. For this, SEBON has given special attention to improving primary and secondary markets, efficient broker service, effective merchant banking service and increasing the listing of real sector companies in the stock market. Currently, banking sector constitutes 80 percent of the stock market.</p> <p>SEBON Chair Rewat Bahadur Karki informed that they will take necessary steps in this fiscal year to enhance the reputation of stock market and to make it reliable. Karki recalled the measures taken by the board for the development of the stock market.</p> <p>Those measures included three basic works like improvement in trading automation, transfer of name and clearing issue.</p> <p>According to Karki, the stock market that began from semi-automation in 2064 has adopted a modern approach by 2072. He informed that the Nepali stock market ranks fifth among the south Asian nations in terms of modernization.</p> <p>He further said that Nepal achieved its long-time dream of getting membership of International Organization of Securities Commission (IOSCO) this year.</p> <p> </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6099', 'image' => null, 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6315', 'article_category_id' => '1', 'title' => '6,000 obtain ExIm code', 'sub_title' => '', 'summary' => 'Six thousand traders have obtained ExIm code for export and import of goods from Nepal after the government announced mandatory requirement of such code for foreign trade beginning from the current fiscal year.', 'content' => '<p>July 27: Six thousand traders have obtained ExIm code for export and import of goods from Nepal after the government announced mandatory requirement of such code for foreign trade beginning from the current fiscal year.</p> <p>The government records show that there were 18,000 businessmen involved in import and export of goods before the government introduced this mandatory provision for ExIm code.</p> <p>Earlier, the government had adopted a policy to promote free trade as the then rules allowed anyone besides the listed entrepreneurs to import or export goods from any customs point of the country.</p> <p>Tripureshwar-based Customs Department informed that only 6,000 businessmen from across the country have obtained the ExIm code as of July 26.</p> <p>According to an official at the Customs Department, companies involved in this business for a long time have already obtained the code while those who trade occasionally are in the process of getting the code.</p> <p>The ExIm code section of the department informed that the code is required shortly before the goods reach the customs point. “The code can be obtained as and when it is required. That might be the reason that all the importers and exporters have not taken it so far,” said the official requesting not to be named. </p> <p>The department has made arrangement of providing ExIm code after examining necessary documents and keeping collateral, which will be reclaimed upon the recommendation of the department after the goods are cleared.</p> <p>The government had introduced the concept of ExIm code as per the Customs Act 2064 to encourage unauthorized trade activities. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6098', 'image' => null, 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6314', 'article_category_id' => '1', 'title' => 'Entrepreneurs Worried About High Rate of Interest Charged by Banks', 'sub_title' => '7 % interest rate has shot up to 17 %', 'summary' => 'Entrepreneurs have drawn the attention of concerned authorities regarding the high rate of interest charged by banks. ', 'content' => '<p>July 27: Entrepreneurs have drawn the attention of concerned authorities regarding the high rate of interest charged by banks. They have claimed that the high interest rate has had a negative impact on their business. According to the businessmen, they have been hard hit as the rate of interest has increased from 7 percent to 17 percent.</p> <p>A delegation of Nepal Chamber of Commerce met separately with Revenue Secretary Sishir Kumar Dhungana and Commerce Secretary Naindra Prasad Upadhyay at Singha Durbar and apprised them of the problem.</p> <p>During the meeting, NCC Chairman Rajesh Kaji Shrestha also told the top government officials that the draft of amendment to the Consumer Protection Act, if approved, would negatively impact the country’s business. The act has a provision of up to 10 years jail term or Rs 1 million fine or both penalties for anyone cheating the consumers.</p> <p>Secretary duo Dhungana and Upadhyay told the NCC delegation that the government is ever ready to work in coordination with the business community.</p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6097', 'image' => '20170727021714_Clipboard01.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6313', 'article_category_id' => '1', 'title' => 'Ashok Leyland Introduces Mobile Repair Service', 'sub_title' => '', 'summary' => 'IME Motors, the authorised distributor of Ashok Leyland vehicles, has launched a mobile bike service to help its customers in repair and maintenance. ', 'content' => '<p>July 27: IME Motors, the authorised distributor of Ashok Leyland vehicles, has launched a mobile bike service to help its customers in repair and maintenance. With this service, the company will send its service team anywhere if any of the Ashok Leyland vehicles encounter technical problem. IME Motors has claimed that such type of service is the first-of-its-kind in Nepal. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6096', 'image' => '20170727014306_asok.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6312', 'article_category_id' => '1', 'title' => 'NIC Asia Bank Marks 20 Years of Service', 'sub_title' => '', 'summary' => 'NIC Asia Bank organized week-long programs to mark its 20th anniversary.', 'content' => '<p>July 27: NIC Asia Bank organized week-long programs to mark its 20<sup>th</sup> anniversary. On the occasion, the bank provided support to various organizations under its corporate social responsibility.</p> <p>NIC Asia Bank donated stationary items and food supplies to a shelter in Bhainsepati, Lalitpur, in the last week of July. The bank also organized a blood donation program at its corporate office, Thapathali where around 150 people donated their blood, informed the bank.</p> <p>The bank has been providing service to the people across the country through 119 branches, four extended counters, 70 ATM outlets and 4,000 remittance counters.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6095', 'image' => '20170727014716_nicc.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6311', 'article_category_id' => '1', 'title' => 'Coco-Cola brings ‘Birko Kholau-Cash Jitau’ offer', 'sub_title' => '', 'summary' => 'Coca-Cola Nepal has launched ‘Birko Kholau-Cash Jitau’ offer in Nepal. ', 'content' => '<p>July 27: Coca-Cola Nepal has launched ‘Birko Kholau-Cash Jitau’ offer in Nepal. This offer is available for two months from July 7 to September 7 or till the stock remains, informed the company. This offer is available only in 250 milliliter bottle of Coca-Cola, Fanta Orange and Sprite. Customers can win cash prizes from Rs 1 to Rs 100 as mentioned under the golden cap of the bottle. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6094', 'image' => '20170727010010_coke.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6310', 'article_category_id' => '1', 'title' => 'Mega Bank Opens Branch in Khalanga', 'sub_title' => '', 'summary' => 'Mega Bank has opened its branch at Khalanga, Salyan in partnership with Sakchyam Access to Finance Programme organized by UK Aid.', 'content' => '<p>July 27: Mega Bank has opened its branch at Khalanga, Salyan in partnership with Sakchyam Access to Finance Programme organized by UK Aid. CN Pandey, a member of bank’s governing committee, and Nirmal Dahal, deputy team leader of Sakchyam jointly inaugurated the branch amid a program held on July 26. It is the 48<sup>th</sup> branch of Mega Bank.</p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6093', 'image' => '20170727125319_mega.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6309', 'article_category_id' => '1', 'title' => 'Two New Saving Schemes by Janata Bank', 'sub_title' => '', 'summary' => 'Janata Bank has introduced two new schemes – Janata Sansagat Bachat a/c and Janata Call a/c – targeting the institutional depositors. ', 'content' => '<p>July 27: Janata Bank has introduced two new schemes – Janata Sansagat Bachat a/c and Janata Call a/c – targeting the institutional depositors. Janata Sansagat Bachat a/c can be opened with a minimum balance of Rs 1,000, which offers 6 percent interest rate annually. Similarly, interest rate on Janata Call a/c will be negotiable. Customers can open these accounts from any of its branches throughout the country, reads a press statement issued by the bank.</p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6092', 'image' => '20170727124805_janata bank.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6308', 'article_category_id' => '1', 'title' => 'Internal Revenue Collection up by 26 Percent', 'sub_title' => '', 'summary' => 'The government in the last fiscal year collected internal revenue worth Rs 258.17 billion. ', 'content' => '<p>July 27: The government in the last fiscal year collected internal revenue worth Rs 258.17 billion. The collected amount in FY 2016/17 was 26 percent more than the amount collected in the previous year.</p> <p>In the last FY, collection of income tax increased by 27 percent while VAT and excise duty were up by 23 and 30 percent respectively.</p> <p>The Inland Revenue Department had set a target of collecting Rs 233.60 billion last year but the total revenue collected was 11 percent more than the target.</p> <p>Data provided by the IRD on July 26 shows that the highest revenue it collected was Rs 148 billion from income tax. During the one-year period, IRD collected Rs 61.12 billion from VAT. Revenue collection from excise duty was Rs 47.21 billion while education service charge and health service charge were Rs 730.97 million and Rs 860.33 million respectively.</p> <p>IRD’s Director General Kishor Jung Karki said that although they faced tough challenge, the department was able to meet the target due to their relentless efforts. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6091', 'image' => null, 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '6322', 'article_category_id' => '1', 'title' => 'Himalayan Airlines to Operate Additional Flights to Doha during Dashain-Tihar', 'sub_title' => '', 'summary' => 'Himalayan Airlines has decided to add more flights between Kathmandu and Doha. ', 'content' => '<p>July 28: Himalayan Airlines has decided to add more flights between Kathmandu and Doha. The private airlines of Nepal has been operating just one flight to and fro Doha-Kathmandu per week at present. But from September 2, it is planning to operate 11 flights per week in the same route.</p> <p>However, the additional flights will be available only till October 28 as the main purpose of those flights is to ease the flow of Nepali migrant workers returning home for festivals like Dashain and Tihar.</p> <p>There will be two additional flights from August 3 and eight more by September 2, informed the airlines.</p> <p>In the first phase, the additional two flights will be operated on Tuesdays and Thursdays while the additional eight flights will take place on Tuesdays, Thursdays, Saturdays and Sundays.</p> <p>Himalayan Airlines’ administrative officer Bijay Shrestha said that they decided to operate extra flights for the convenience of Nepali migrant workers keeping in mind the large number of people returning home for celebration. </p> ', 'published' => true, 'created' => '2017-07-28', 'modified' => '2017-07-28', 'keywords' => '', 'description' => '', 'sortorder' => '6105', 'image' => '20170728024047_himalaya.jpg', 'article_date' => '2017-07-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6321', 'article_category_id' => '1', 'title' => 'NIC Asia Capital Starts Online Service for Demat Account Holders', 'sub_title' => '', 'summary' => 'NIC Asia Capital has started online service for its demat account holders. ', 'content' => '<p>July 28: NIC Asia Capital has started online service for its demat account holders. Now, the demat account holders can know about their transaction through CDS and Clearing software at a cost of Rs 50 per year. Clients can activate the service from NIC Asia Capital’s Babarmahal-based office or any branch of NIC Asia Bank.</p> ', 'published' => true, 'created' => '2017-07-28', 'modified' => '2017-07-30', 'keywords' => '', 'description' => '', 'sortorder' => '6104', 'image' => null, 'article_date' => '2017-07-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6320', 'article_category_id' => '1', 'title' => 'Global Sales of Huawei Rises by 36.2 Percent', 'sub_title' => '', 'summary' => 'The global sales revenue of Huawei for the first six months of 2017 has increased by 36.2 percent year-on-year to CNY 105.4 billion, according to the first half year financial results of 2017 announced by Huawei Consumer Business Group on July 27.', 'content' => '<p>July 28: The global sales revenue of Huawei for the first six months of 2017 has increased by 36.2 percent year-on-year to CNY 105.4 billion, according to the first half year financial results of 2017 announced by Huawei Consumer Business Group on July 27.</p> <p>Smartphone shipments also rose to 73.01 million, a year-on-year increase of 20.6 percent, reads a press statement issued by the Chinese smartphone brand, Huawei.</p> <p>“Our Consumer Business Group continued to deliver extraordinary growth, beating the industry average and penetrating high-end markets around the globe. This ongoing growth is testament to the strength of the Huawei brand and the momentum we’ve built through delivering premium, market-redefining devices that resonate with today’s discerning consumers,” the statement quoted Richard Yu, chief executive officer of Huawei’s Consumer Business Group, as saying.</p> <p>In the first quarter of 2017, Huawei’s market share rose to 9.8 percent of the global smartphone market, according to industry analysts IDC. This growth was driven by a significant increase in sales of mid-range and high-end smartphones in key geographies, reads the statement.</p> <p>“In Greater China, Huawei laid claim to 22.1 % of the market where shipments increased by 24 percent year-over-year. Huawei also saw rapid growth in smartphone shipment across Europe, reporting 18 percent year-over-year growth with particularly robust performance in Central and Eastern and Nordic Europe,” said the statement, adding, “The Huawei Consumer Business Group also experienced major breakthroughs in Asia-Pacific markets including Thailand, Malaysia, Japan and South Korea. Russia also grew strongly.”</p> <p>The statement further says that this year-on-year growth was reflected in Huawei’s rise as a globally recognized premium brand.</p> <p>In 2017, Huawei was listed 49th on BrandZ’s Top 100 Most Valuable Global Brands while it ranked 88th in Forbes World’s Most Valuable Brands and number 40 on the Brand Finance Global 500 Most Valuable Brands lists.</p> <p>“Huawei devices have resonated with global audiences because of our clear commitment to quality, experience and innovation,” added Yu.</p> <p>Huawei claimed that the company is set to grow its expansive retail network, reaching 56,000 retail stores worldwide by the end of 2017 – an increase from 35,000 in May 2016.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-07-28', 'modified' => '2017-07-28', 'keywords' => '', 'description' => '', 'sortorder' => '6103', 'image' => '20170728015340_800.jpg', 'article_date' => '2017-07-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6319', 'article_category_id' => '1', 'title' => 'India-Nepal Joint Meeting on Saptakoshi, Sunkoshi held', 'sub_title' => '', 'summary' => 'The 15th meeting of Nepal-India Joint Team of Experts (JTE) on Saptakoshi High Dam Mulitpurpose Project and Sunkoshi storage-cum-diversion scheme held in Kathmandu from July 25-26 reviewed progress made since the last meeting of the JTE.', 'content' => '<p>July 28: The 15<sup>th</sup> meeting of Nepal-India Joint Team of Experts (JTE) on Saptakoshi High Dam Mulitpurpose Project and Sunkoshi storage-cum-diversion scheme held in Kathmandu from July 25-26 reviewed progress made since the last meeting of the JTE.</p> <p>A press release issued by the Embassy of India states that the Nepalese team was led by Nabin Raj Singh, director general of the Department of Electricity while the Indian teal was led by Pradeep Kumar, member of Central Water Commission of the Government of India.</p> <p>“The meeting reviewed progress made since the 14th meeting of JTE including, follow-up action on decisions taken on various items of 14th meeting of JTE and review of progress made; environmental impact assessment studies; resettlement and rehabilitation plan; design flood studies; Glacier Lake Outburst Flood (GLOF) studies; power potential studies; power system and power evacuation studies; and drilling activities at the Saptakoshi High Dam site,” reads the press statement.</p> <p>The meeting also recommended the extension of time of the Joint Project Office of Saptakoshi Sunkoshi Investigation for a period of 30 months effective from March 1, 2017.</p> <p>The JTE has decided to hold the next meeting in February 2018.</p> ', 'published' => true, 'created' => '2017-07-28', 'modified' => '2017-07-28', 'keywords' => '', 'description' => '', 'sortorder' => '6102', 'image' => '20170728011458_indian.jpg', 'article_date' => '2017-07-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6318', 'article_category_id' => '1', 'title' => 'Downtown Asan Gets a Facelift', 'sub_title' => '', 'summary' => 'Downtown Asan, known for its narrow alleys, unmanaged market and busy streets, has got a facelift.', 'content' => '<p>July 27: Downtown Asan, known for its narrow alleys, unmanaged market and busy streets, has got a facelift.</p> <p>The old quarter of Kathmandu got a new look with the active participation of the locals along with Kathmandu Metropolitan City, the Department of Archaeology, the local police as well as tourist police.</p> <p>Efforts are underway to make the narrow roads and market place more systematic, clean and beautiful. Places like Indrachowk, Hasnumandhoka, Asan, Machhindrabahal, Bhotahity, Jamal and Bhimsensthan among other places are being developed into better market places with open spaces.</p> <p>UNESCO World Heritage Site Basantapur also lies in this area. There are still many quake damaged houses standing with support from wooden logs in the area.</p> <p>But the place started getting a new look after the locals clubs and residents of the area joined hands to form Kantipur Development Committee, which has taken initiative to protect the sites with historical significance and has also removed street vendors who used to occupy the paths unlawfully.</p> <p>The committee’s chairman Deepak Shrestha informed that this campaign has not only helped restore the beauty of the place but also helped in curbing unlawful activities.</p> <p>Shrestha informed that the initiative was taken with the support of the recently elected people’s representatives.</p> <p>The committee’s treasurer Pradeep Joche said that the removal of unlawful street vendors in areas like Kasthamandap of ward-19, Basantapur of ward-23, Hanumandhoka of ward-14, Asan and Machhindrabahal of ward-25, and Bhotahiti of ward-27 has eased the flow of movement of people as well as traffic.</p> <p>Proper management and protection of the downtown areas has made it easy for the locals as well as tourists to move around the area, informed Police Inspector Tulasa Khatiwada of the Tourist Police. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6101', 'image' => '20170727041505_asan.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6317', 'article_category_id' => '1', 'title' => 'NMB Bank to provide fully automated service', 'sub_title' => '', 'summary' => ' NMB Bank has reached an agreement with Singapore-based Bank-Genie to start fully automated banking service in Nepal. ', 'content' => '<p>July 27: NMB Bank has reached an agreement with Singapore-based Bank-Genie to start fully automated banking service in Nepal. As per the agreement, NMB Bank will start service for automated banking using tablet with the support from Ban-Genie.NMB Bank’s Chief Executive Officer (CEO) Sunil KC and Bank-Genie’s CEO Ram Kumar Sharma signed a memorandum of understanding to this effect.</p> <p>According to KC, this service will make NMB Bank one of the leading banks to provide digital banking service for the benefit of the customers.</p> <p> </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6100', 'image' => '20170727033345_nmb.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6316', 'article_category_id' => '1', 'title' => 'SEBON Determined to Enhance Reputation of Stock Market', 'sub_title' => '', 'summary' => 'Securities Board of Nepal (SEBON) has said it will make the share market more competitive in the coming days by effective monitoring and supervision. ', 'content' => '<p>July 27: Securities Board of Nepal (SEBON) has said it will make the share market more competitive in the coming days by effective monitoring and supervision. For this, SEBON has given special attention to improving primary and secondary markets, efficient broker service, effective merchant banking service and increasing the listing of real sector companies in the stock market. Currently, banking sector constitutes 80 percent of the stock market.</p> <p>SEBON Chair Rewat Bahadur Karki informed that they will take necessary steps in this fiscal year to enhance the reputation of stock market and to make it reliable. Karki recalled the measures taken by the board for the development of the stock market.</p> <p>Those measures included three basic works like improvement in trading automation, transfer of name and clearing issue.</p> <p>According to Karki, the stock market that began from semi-automation in 2064 has adopted a modern approach by 2072. He informed that the Nepali stock market ranks fifth among the south Asian nations in terms of modernization.</p> <p>He further said that Nepal achieved its long-time dream of getting membership of International Organization of Securities Commission (IOSCO) this year.</p> <p> </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6099', 'image' => null, 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6315', 'article_category_id' => '1', 'title' => '6,000 obtain ExIm code', 'sub_title' => '', 'summary' => 'Six thousand traders have obtained ExIm code for export and import of goods from Nepal after the government announced mandatory requirement of such code for foreign trade beginning from the current fiscal year.', 'content' => '<p>July 27: Six thousand traders have obtained ExIm code for export and import of goods from Nepal after the government announced mandatory requirement of such code for foreign trade beginning from the current fiscal year.</p> <p>The government records show that there were 18,000 businessmen involved in import and export of goods before the government introduced this mandatory provision for ExIm code.</p> <p>Earlier, the government had adopted a policy to promote free trade as the then rules allowed anyone besides the listed entrepreneurs to import or export goods from any customs point of the country.</p> <p>Tripureshwar-based Customs Department informed that only 6,000 businessmen from across the country have obtained the ExIm code as of July 26.</p> <p>According to an official at the Customs Department, companies involved in this business for a long time have already obtained the code while those who trade occasionally are in the process of getting the code.</p> <p>The ExIm code section of the department informed that the code is required shortly before the goods reach the customs point. “The code can be obtained as and when it is required. That might be the reason that all the importers and exporters have not taken it so far,” said the official requesting not to be named. </p> <p>The department has made arrangement of providing ExIm code after examining necessary documents and keeping collateral, which will be reclaimed upon the recommendation of the department after the goods are cleared.</p> <p>The government had introduced the concept of ExIm code as per the Customs Act 2064 to encourage unauthorized trade activities. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6098', 'image' => null, 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6314', 'article_category_id' => '1', 'title' => 'Entrepreneurs Worried About High Rate of Interest Charged by Banks', 'sub_title' => '7 % interest rate has shot up to 17 %', 'summary' => 'Entrepreneurs have drawn the attention of concerned authorities regarding the high rate of interest charged by banks. ', 'content' => '<p>July 27: Entrepreneurs have drawn the attention of concerned authorities regarding the high rate of interest charged by banks. They have claimed that the high interest rate has had a negative impact on their business. According to the businessmen, they have been hard hit as the rate of interest has increased from 7 percent to 17 percent.</p> <p>A delegation of Nepal Chamber of Commerce met separately with Revenue Secretary Sishir Kumar Dhungana and Commerce Secretary Naindra Prasad Upadhyay at Singha Durbar and apprised them of the problem.</p> <p>During the meeting, NCC Chairman Rajesh Kaji Shrestha also told the top government officials that the draft of amendment to the Consumer Protection Act, if approved, would negatively impact the country’s business. The act has a provision of up to 10 years jail term or Rs 1 million fine or both penalties for anyone cheating the consumers.</p> <p>Secretary duo Dhungana and Upadhyay told the NCC delegation that the government is ever ready to work in coordination with the business community.</p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6097', 'image' => '20170727021714_Clipboard01.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6313', 'article_category_id' => '1', 'title' => 'Ashok Leyland Introduces Mobile Repair Service', 'sub_title' => '', 'summary' => 'IME Motors, the authorised distributor of Ashok Leyland vehicles, has launched a mobile bike service to help its customers in repair and maintenance. ', 'content' => '<p>July 27: IME Motors, the authorised distributor of Ashok Leyland vehicles, has launched a mobile bike service to help its customers in repair and maintenance. With this service, the company will send its service team anywhere if any of the Ashok Leyland vehicles encounter technical problem. IME Motors has claimed that such type of service is the first-of-its-kind in Nepal. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6096', 'image' => '20170727014306_asok.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6312', 'article_category_id' => '1', 'title' => 'NIC Asia Bank Marks 20 Years of Service', 'sub_title' => '', 'summary' => 'NIC Asia Bank organized week-long programs to mark its 20th anniversary.', 'content' => '<p>July 27: NIC Asia Bank organized week-long programs to mark its 20<sup>th</sup> anniversary. On the occasion, the bank provided support to various organizations under its corporate social responsibility.</p> <p>NIC Asia Bank donated stationary items and food supplies to a shelter in Bhainsepati, Lalitpur, in the last week of July. The bank also organized a blood donation program at its corporate office, Thapathali where around 150 people donated their blood, informed the bank.</p> <p>The bank has been providing service to the people across the country through 119 branches, four extended counters, 70 ATM outlets and 4,000 remittance counters.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6095', 'image' => '20170727014716_nicc.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6311', 'article_category_id' => '1', 'title' => 'Coco-Cola brings ‘Birko Kholau-Cash Jitau’ offer', 'sub_title' => '', 'summary' => 'Coca-Cola Nepal has launched ‘Birko Kholau-Cash Jitau’ offer in Nepal. ', 'content' => '<p>July 27: Coca-Cola Nepal has launched ‘Birko Kholau-Cash Jitau’ offer in Nepal. This offer is available for two months from July 7 to September 7 or till the stock remains, informed the company. This offer is available only in 250 milliliter bottle of Coca-Cola, Fanta Orange and Sprite. Customers can win cash prizes from Rs 1 to Rs 100 as mentioned under the golden cap of the bottle. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6094', 'image' => '20170727010010_coke.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6310', 'article_category_id' => '1', 'title' => 'Mega Bank Opens Branch in Khalanga', 'sub_title' => '', 'summary' => 'Mega Bank has opened its branch at Khalanga, Salyan in partnership with Sakchyam Access to Finance Programme organized by UK Aid.', 'content' => '<p>July 27: Mega Bank has opened its branch at Khalanga, Salyan in partnership with Sakchyam Access to Finance Programme organized by UK Aid. CN Pandey, a member of bank’s governing committee, and Nirmal Dahal, deputy team leader of Sakchyam jointly inaugurated the branch amid a program held on July 26. It is the 48<sup>th</sup> branch of Mega Bank.</p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6093', 'image' => '20170727125319_mega.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6309', 'article_category_id' => '1', 'title' => 'Two New Saving Schemes by Janata Bank', 'sub_title' => '', 'summary' => 'Janata Bank has introduced two new schemes – Janata Sansagat Bachat a/c and Janata Call a/c – targeting the institutional depositors. ', 'content' => '<p>July 27: Janata Bank has introduced two new schemes – Janata Sansagat Bachat a/c and Janata Call a/c – targeting the institutional depositors. Janata Sansagat Bachat a/c can be opened with a minimum balance of Rs 1,000, which offers 6 percent interest rate annually. Similarly, interest rate on Janata Call a/c will be negotiable. Customers can open these accounts from any of its branches throughout the country, reads a press statement issued by the bank.</p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6092', 'image' => '20170727124805_janata bank.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6308', 'article_category_id' => '1', 'title' => 'Internal Revenue Collection up by 26 Percent', 'sub_title' => '', 'summary' => 'The government in the last fiscal year collected internal revenue worth Rs 258.17 billion. ', 'content' => '<p>July 27: The government in the last fiscal year collected internal revenue worth Rs 258.17 billion. The collected amount in FY 2016/17 was 26 percent more than the amount collected in the previous year.</p> <p>In the last FY, collection of income tax increased by 27 percent while VAT and excise duty were up by 23 and 30 percent respectively.</p> <p>The Inland Revenue Department had set a target of collecting Rs 233.60 billion last year but the total revenue collected was 11 percent more than the target.</p> <p>Data provided by the IRD on July 26 shows that the highest revenue it collected was Rs 148 billion from income tax. During the one-year period, IRD collected Rs 61.12 billion from VAT. Revenue collection from excise duty was Rs 47.21 billion while education service charge and health service charge were Rs 730.97 million and Rs 860.33 million respectively.</p> <p>IRD’s Director General Kishor Jung Karki said that although they faced tough challenge, the department was able to meet the target due to their relentless efforts. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6091', 'image' => null, 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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', 'content' => '<p>July 28: Himalayan Airlines has decided to add more flights between Kathmandu and Doha. The private airlines of Nepal has been operating just one flight to and fro Doha-Kathmandu per week at present. But from September 2, it is planning to operate 11 flights per week in the same route.</p> <p>However, the additional flights will be available only till October 28 as the main purpose of those flights is to ease the flow of Nepali migrant workers returning home for festivals like Dashain and Tihar.</p> <p>There will be two additional flights from August 3 and eight more by September 2, informed the airlines.</p> <p>In the first phase, the additional two flights will be operated on Tuesdays and Thursdays while the additional eight flights will take place on Tuesdays, Thursdays, Saturdays and Sundays.</p> <p>Himalayan Airlines’ administrative officer Bijay Shrestha said that they decided to operate extra flights for the convenience of Nepali migrant workers keeping in mind the large number of people returning home for celebration. </p> ', 'published' => true, 'created' => '2017-07-28', 'modified' => '2017-07-28', 'keywords' => '', 'description' => '', 'sortorder' => '6105', 'image' => '20170728024047_himalaya.jpg', 'article_date' => '2017-07-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6321', 'article_category_id' => '1', 'title' => 'NIC Asia Capital Starts Online Service for Demat Account Holders', 'sub_title' => '', 'summary' => 'NIC Asia Capital has started online service for its demat account holders. ', 'content' => '<p>July 28: NIC Asia Capital has started online service for its demat account holders. Now, the demat account holders can know about their transaction through CDS and Clearing software at a cost of Rs 50 per year. Clients can activate the service from NIC Asia Capital’s Babarmahal-based office or any branch of NIC Asia Bank.</p> ', 'published' => true, 'created' => '2017-07-28', 'modified' => '2017-07-30', 'keywords' => '', 'description' => '', 'sortorder' => '6104', 'image' => null, 'article_date' => '2017-07-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6320', 'article_category_id' => '1', 'title' => 'Global Sales of Huawei Rises by 36.2 Percent', 'sub_title' => '', 'summary' => 'The global sales revenue of Huawei for the first six months of 2017 has increased by 36.2 percent year-on-year to CNY 105.4 billion, according to the first half year financial results of 2017 announced by Huawei Consumer Business Group on July 27.', 'content' => '<p>July 28: The global sales revenue of Huawei for the first six months of 2017 has increased by 36.2 percent year-on-year to CNY 105.4 billion, according to the first half year financial results of 2017 announced by Huawei Consumer Business Group on July 27.</p> <p>Smartphone shipments also rose to 73.01 million, a year-on-year increase of 20.6 percent, reads a press statement issued by the Chinese smartphone brand, Huawei.</p> <p>“Our Consumer Business Group continued to deliver extraordinary growth, beating the industry average and penetrating high-end markets around the globe. This ongoing growth is testament to the strength of the Huawei brand and the momentum we’ve built through delivering premium, market-redefining devices that resonate with today’s discerning consumers,” the statement quoted Richard Yu, chief executive officer of Huawei’s Consumer Business Group, as saying.</p> <p>In the first quarter of 2017, Huawei’s market share rose to 9.8 percent of the global smartphone market, according to industry analysts IDC. This growth was driven by a significant increase in sales of mid-range and high-end smartphones in key geographies, reads the statement.</p> <p>“In Greater China, Huawei laid claim to 22.1 % of the market where shipments increased by 24 percent year-over-year. Huawei also saw rapid growth in smartphone shipment across Europe, reporting 18 percent year-over-year growth with particularly robust performance in Central and Eastern and Nordic Europe,” said the statement, adding, “The Huawei Consumer Business Group also experienced major breakthroughs in Asia-Pacific markets including Thailand, Malaysia, Japan and South Korea. Russia also grew strongly.”</p> <p>The statement further says that this year-on-year growth was reflected in Huawei’s rise as a globally recognized premium brand.</p> <p>In 2017, Huawei was listed 49th on BrandZ’s Top 100 Most Valuable Global Brands while it ranked 88th in Forbes World’s Most Valuable Brands and number 40 on the Brand Finance Global 500 Most Valuable Brands lists.</p> <p>“Huawei devices have resonated with global audiences because of our clear commitment to quality, experience and innovation,” added Yu.</p> <p>Huawei claimed that the company is set to grow its expansive retail network, reaching 56,000 retail stores worldwide by the end of 2017 – an increase from 35,000 in May 2016.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-07-28', 'modified' => '2017-07-28', 'keywords' => '', 'description' => '', 'sortorder' => '6103', 'image' => '20170728015340_800.jpg', 'article_date' => '2017-07-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6319', 'article_category_id' => '1', 'title' => 'India-Nepal Joint Meeting on Saptakoshi, Sunkoshi held', 'sub_title' => '', 'summary' => 'The 15th meeting of Nepal-India Joint Team of Experts (JTE) on Saptakoshi High Dam Mulitpurpose Project and Sunkoshi storage-cum-diversion scheme held in Kathmandu from July 25-26 reviewed progress made since the last meeting of the JTE.', 'content' => '<p>July 28: The 15<sup>th</sup> meeting of Nepal-India Joint Team of Experts (JTE) on Saptakoshi High Dam Mulitpurpose Project and Sunkoshi storage-cum-diversion scheme held in Kathmandu from July 25-26 reviewed progress made since the last meeting of the JTE.</p> <p>A press release issued by the Embassy of India states that the Nepalese team was led by Nabin Raj Singh, director general of the Department of Electricity while the Indian teal was led by Pradeep Kumar, member of Central Water Commission of the Government of India.</p> <p>“The meeting reviewed progress made since the 14th meeting of JTE including, follow-up action on decisions taken on various items of 14th meeting of JTE and review of progress made; environmental impact assessment studies; resettlement and rehabilitation plan; design flood studies; Glacier Lake Outburst Flood (GLOF) studies; power potential studies; power system and power evacuation studies; and drilling activities at the Saptakoshi High Dam site,” reads the press statement.</p> <p>The meeting also recommended the extension of time of the Joint Project Office of Saptakoshi Sunkoshi Investigation for a period of 30 months effective from March 1, 2017.</p> <p>The JTE has decided to hold the next meeting in February 2018.</p> ', 'published' => true, 'created' => '2017-07-28', 'modified' => '2017-07-28', 'keywords' => '', 'description' => '', 'sortorder' => '6102', 'image' => '20170728011458_indian.jpg', 'article_date' => '2017-07-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6318', 'article_category_id' => '1', 'title' => 'Downtown Asan Gets a Facelift', 'sub_title' => '', 'summary' => 'Downtown Asan, known for its narrow alleys, unmanaged market and busy streets, has got a facelift.', 'content' => '<p>July 27: Downtown Asan, known for its narrow alleys, unmanaged market and busy streets, has got a facelift.</p> <p>The old quarter of Kathmandu got a new look with the active participation of the locals along with Kathmandu Metropolitan City, the Department of Archaeology, the local police as well as tourist police.</p> <p>Efforts are underway to make the narrow roads and market place more systematic, clean and beautiful. Places like Indrachowk, Hasnumandhoka, Asan, Machhindrabahal, Bhotahity, Jamal and Bhimsensthan among other places are being developed into better market places with open spaces.</p> <p>UNESCO World Heritage Site Basantapur also lies in this area. There are still many quake damaged houses standing with support from wooden logs in the area.</p> <p>But the place started getting a new look after the locals clubs and residents of the area joined hands to form Kantipur Development Committee, which has taken initiative to protect the sites with historical significance and has also removed street vendors who used to occupy the paths unlawfully.</p> <p>The committee’s chairman Deepak Shrestha informed that this campaign has not only helped restore the beauty of the place but also helped in curbing unlawful activities.</p> <p>Shrestha informed that the initiative was taken with the support of the recently elected people’s representatives.</p> <p>The committee’s treasurer Pradeep Joche said that the removal of unlawful street vendors in areas like Kasthamandap of ward-19, Basantapur of ward-23, Hanumandhoka of ward-14, Asan and Machhindrabahal of ward-25, and Bhotahiti of ward-27 has eased the flow of movement of people as well as traffic.</p> <p>Proper management and protection of the downtown areas has made it easy for the locals as well as tourists to move around the area, informed Police Inspector Tulasa Khatiwada of the Tourist Police. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6101', 'image' => '20170727041505_asan.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6317', 'article_category_id' => '1', 'title' => 'NMB Bank to provide fully automated service', 'sub_title' => '', 'summary' => ' NMB Bank has reached an agreement with Singapore-based Bank-Genie to start fully automated banking service in Nepal. ', 'content' => '<p>July 27: NMB Bank has reached an agreement with Singapore-based Bank-Genie to start fully automated banking service in Nepal. As per the agreement, NMB Bank will start service for automated banking using tablet with the support from Ban-Genie.NMB Bank’s Chief Executive Officer (CEO) Sunil KC and Bank-Genie’s CEO Ram Kumar Sharma signed a memorandum of understanding to this effect.</p> <p>According to KC, this service will make NMB Bank one of the leading banks to provide digital banking service for the benefit of the customers.</p> <p> </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6100', 'image' => '20170727033345_nmb.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6316', 'article_category_id' => '1', 'title' => 'SEBON Determined to Enhance Reputation of Stock Market', 'sub_title' => '', 'summary' => 'Securities Board of Nepal (SEBON) has said it will make the share market more competitive in the coming days by effective monitoring and supervision. ', 'content' => '<p>July 27: Securities Board of Nepal (SEBON) has said it will make the share market more competitive in the coming days by effective monitoring and supervision. For this, SEBON has given special attention to improving primary and secondary markets, efficient broker service, effective merchant banking service and increasing the listing of real sector companies in the stock market. Currently, banking sector constitutes 80 percent of the stock market.</p> <p>SEBON Chair Rewat Bahadur Karki informed that they will take necessary steps in this fiscal year to enhance the reputation of stock market and to make it reliable. Karki recalled the measures taken by the board for the development of the stock market.</p> <p>Those measures included three basic works like improvement in trading automation, transfer of name and clearing issue.</p> <p>According to Karki, the stock market that began from semi-automation in 2064 has adopted a modern approach by 2072. He informed that the Nepali stock market ranks fifth among the south Asian nations in terms of modernization.</p> <p>He further said that Nepal achieved its long-time dream of getting membership of International Organization of Securities Commission (IOSCO) this year.</p> <p> </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6099', 'image' => null, 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6315', 'article_category_id' => '1', 'title' => '6,000 obtain ExIm code', 'sub_title' => '', 'summary' => 'Six thousand traders have obtained ExIm code for export and import of goods from Nepal after the government announced mandatory requirement of such code for foreign trade beginning from the current fiscal year.', 'content' => '<p>July 27: Six thousand traders have obtained ExIm code for export and import of goods from Nepal after the government announced mandatory requirement of such code for foreign trade beginning from the current fiscal year.</p> <p>The government records show that there were 18,000 businessmen involved in import and export of goods before the government introduced this mandatory provision for ExIm code.</p> <p>Earlier, the government had adopted a policy to promote free trade as the then rules allowed anyone besides the listed entrepreneurs to import or export goods from any customs point of the country.</p> <p>Tripureshwar-based Customs Department informed that only 6,000 businessmen from across the country have obtained the ExIm code as of July 26.</p> <p>According to an official at the Customs Department, companies involved in this business for a long time have already obtained the code while those who trade occasionally are in the process of getting the code.</p> <p>The ExIm code section of the department informed that the code is required shortly before the goods reach the customs point. “The code can be obtained as and when it is required. That might be the reason that all the importers and exporters have not taken it so far,” said the official requesting not to be named. </p> <p>The department has made arrangement of providing ExIm code after examining necessary documents and keeping collateral, which will be reclaimed upon the recommendation of the department after the goods are cleared.</p> <p>The government had introduced the concept of ExIm code as per the Customs Act 2064 to encourage unauthorized trade activities. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6098', 'image' => null, 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6314', 'article_category_id' => '1', 'title' => 'Entrepreneurs Worried About High Rate of Interest Charged by Banks', 'sub_title' => '7 % interest rate has shot up to 17 %', 'summary' => 'Entrepreneurs have drawn the attention of concerned authorities regarding the high rate of interest charged by banks. ', 'content' => '<p>July 27: Entrepreneurs have drawn the attention of concerned authorities regarding the high rate of interest charged by banks. They have claimed that the high interest rate has had a negative impact on their business. According to the businessmen, they have been hard hit as the rate of interest has increased from 7 percent to 17 percent.</p> <p>A delegation of Nepal Chamber of Commerce met separately with Revenue Secretary Sishir Kumar Dhungana and Commerce Secretary Naindra Prasad Upadhyay at Singha Durbar and apprised them of the problem.</p> <p>During the meeting, NCC Chairman Rajesh Kaji Shrestha also told the top government officials that the draft of amendment to the Consumer Protection Act, if approved, would negatively impact the country’s business. The act has a provision of up to 10 years jail term or Rs 1 million fine or both penalties for anyone cheating the consumers.</p> <p>Secretary duo Dhungana and Upadhyay told the NCC delegation that the government is ever ready to work in coordination with the business community.</p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6097', 'image' => '20170727021714_Clipboard01.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6313', 'article_category_id' => '1', 'title' => 'Ashok Leyland Introduces Mobile Repair Service', 'sub_title' => '', 'summary' => 'IME Motors, the authorised distributor of Ashok Leyland vehicles, has launched a mobile bike service to help its customers in repair and maintenance. ', 'content' => '<p>July 27: IME Motors, the authorised distributor of Ashok Leyland vehicles, has launched a mobile bike service to help its customers in repair and maintenance. With this service, the company will send its service team anywhere if any of the Ashok Leyland vehicles encounter technical problem. IME Motors has claimed that such type of service is the first-of-its-kind in Nepal. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6096', 'image' => '20170727014306_asok.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6312', 'article_category_id' => '1', 'title' => 'NIC Asia Bank Marks 20 Years of Service', 'sub_title' => '', 'summary' => 'NIC Asia Bank organized week-long programs to mark its 20th anniversary.', 'content' => '<p>July 27: NIC Asia Bank organized week-long programs to mark its 20<sup>th</sup> anniversary. On the occasion, the bank provided support to various organizations under its corporate social responsibility.</p> <p>NIC Asia Bank donated stationary items and food supplies to a shelter in Bhainsepati, Lalitpur, in the last week of July. The bank also organized a blood donation program at its corporate office, Thapathali where around 150 people donated their blood, informed the bank.</p> <p>The bank has been providing service to the people across the country through 119 branches, four extended counters, 70 ATM outlets and 4,000 remittance counters.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6095', 'image' => '20170727014716_nicc.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6311', 'article_category_id' => '1', 'title' => 'Coco-Cola brings ‘Birko Kholau-Cash Jitau’ offer', 'sub_title' => '', 'summary' => 'Coca-Cola Nepal has launched ‘Birko Kholau-Cash Jitau’ offer in Nepal. ', 'content' => '<p>July 27: Coca-Cola Nepal has launched ‘Birko Kholau-Cash Jitau’ offer in Nepal. This offer is available for two months from July 7 to September 7 or till the stock remains, informed the company. This offer is available only in 250 milliliter bottle of Coca-Cola, Fanta Orange and Sprite. Customers can win cash prizes from Rs 1 to Rs 100 as mentioned under the golden cap of the bottle. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6094', 'image' => '20170727010010_coke.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6310', 'article_category_id' => '1', 'title' => 'Mega Bank Opens Branch in Khalanga', 'sub_title' => '', 'summary' => 'Mega Bank has opened its branch at Khalanga, Salyan in partnership with Sakchyam Access to Finance Programme organized by UK Aid.', 'content' => '<p>July 27: Mega Bank has opened its branch at Khalanga, Salyan in partnership with Sakchyam Access to Finance Programme organized by UK Aid. CN Pandey, a member of bank’s governing committee, and Nirmal Dahal, deputy team leader of Sakchyam jointly inaugurated the branch amid a program held on July 26. It is the 48<sup>th</sup> branch of Mega Bank.</p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6093', 'image' => '20170727125319_mega.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6309', 'article_category_id' => '1', 'title' => 'Two New Saving Schemes by Janata Bank', 'sub_title' => '', 'summary' => 'Janata Bank has introduced two new schemes – Janata Sansagat Bachat a/c and Janata Call a/c – targeting the institutional depositors. ', 'content' => '<p>July 27: Janata Bank has introduced two new schemes – Janata Sansagat Bachat a/c and Janata Call a/c – targeting the institutional depositors. Janata Sansagat Bachat a/c can be opened with a minimum balance of Rs 1,000, which offers 6 percent interest rate annually. Similarly, interest rate on Janata Call a/c will be negotiable. Customers can open these accounts from any of its branches throughout the country, reads a press statement issued by the bank.</p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6092', 'image' => '20170727124805_janata bank.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6308', 'article_category_id' => '1', 'title' => 'Internal Revenue Collection up by 26 Percent', 'sub_title' => '', 'summary' => 'The government in the last fiscal year collected internal revenue worth Rs 258.17 billion. ', 'content' => '<p>July 27: The government in the last fiscal year collected internal revenue worth Rs 258.17 billion. The collected amount in FY 2016/17 was 26 percent more than the amount collected in the previous year.</p> <p>In the last FY, collection of income tax increased by 27 percent while VAT and excise duty were up by 23 and 30 percent respectively.</p> <p>The Inland Revenue Department had set a target of collecting Rs 233.60 billion last year but the total revenue collected was 11 percent more than the target.</p> <p>Data provided by the IRD on July 26 shows that the highest revenue it collected was Rs 148 billion from income tax. During the one-year period, IRD collected Rs 61.12 billion from VAT. Revenue collection from excise duty was Rs 47.21 billion while education service charge and health service charge were Rs 730.97 million and Rs 860.33 million respectively.</p> <p>IRD’s Director General Kishor Jung Karki said that although they faced tough challenge, the department was able to meet the target due to their relentless efforts. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6091', 'image' => null, 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '6322', 'article_category_id' => '1', 'title' => 'Himalayan Airlines to Operate Additional Flights to Doha during Dashain-Tihar', 'sub_title' => '', 'summary' => 'Himalayan Airlines has decided to add more flights between Kathmandu and Doha. ', 'content' => '<p>July 28: Himalayan Airlines has decided to add more flights between Kathmandu and Doha. The private airlines of Nepal has been operating just one flight to and fro Doha-Kathmandu per week at present. But from September 2, it is planning to operate 11 flights per week in the same route.</p> <p>However, the additional flights will be available only till October 28 as the main purpose of those flights is to ease the flow of Nepali migrant workers returning home for festivals like Dashain and Tihar.</p> <p>There will be two additional flights from August 3 and eight more by September 2, informed the airlines.</p> <p>In the first phase, the additional two flights will be operated on Tuesdays and Thursdays while the additional eight flights will take place on Tuesdays, Thursdays, Saturdays and Sundays.</p> <p>Himalayan Airlines’ administrative officer Bijay Shrestha said that they decided to operate extra flights for the convenience of Nepali migrant workers keeping in mind the large number of people returning home for celebration. </p> ', 'published' => true, 'created' => '2017-07-28', 'modified' => '2017-07-28', 'keywords' => '', 'description' => '', 'sortorder' => '6105', 'image' => '20170728024047_himalaya.jpg', 'article_date' => '2017-07-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6321', 'article_category_id' => '1', 'title' => 'NIC Asia Capital Starts Online Service for Demat Account Holders', 'sub_title' => '', 'summary' => 'NIC Asia Capital has started online service for its demat account holders. ', 'content' => '<p>July 28: NIC Asia Capital has started online service for its demat account holders. Now, the demat account holders can know about their transaction through CDS and Clearing software at a cost of Rs 50 per year. Clients can activate the service from NIC Asia Capital’s Babarmahal-based office or any branch of NIC Asia Bank.</p> ', 'published' => true, 'created' => '2017-07-28', 'modified' => '2017-07-30', 'keywords' => '', 'description' => '', 'sortorder' => '6104', 'image' => null, 'article_date' => '2017-07-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6320', 'article_category_id' => '1', 'title' => 'Global Sales of Huawei Rises by 36.2 Percent', 'sub_title' => '', 'summary' => 'The global sales revenue of Huawei for the first six months of 2017 has increased by 36.2 percent year-on-year to CNY 105.4 billion, according to the first half year financial results of 2017 announced by Huawei Consumer Business Group on July 27.', 'content' => '<p>July 28: The global sales revenue of Huawei for the first six months of 2017 has increased by 36.2 percent year-on-year to CNY 105.4 billion, according to the first half year financial results of 2017 announced by Huawei Consumer Business Group on July 27.</p> <p>Smartphone shipments also rose to 73.01 million, a year-on-year increase of 20.6 percent, reads a press statement issued by the Chinese smartphone brand, Huawei.</p> <p>“Our Consumer Business Group continued to deliver extraordinary growth, beating the industry average and penetrating high-end markets around the globe. This ongoing growth is testament to the strength of the Huawei brand and the momentum we’ve built through delivering premium, market-redefining devices that resonate with today’s discerning consumers,” the statement quoted Richard Yu, chief executive officer of Huawei’s Consumer Business Group, as saying.</p> <p>In the first quarter of 2017, Huawei’s market share rose to 9.8 percent of the global smartphone market, according to industry analysts IDC. This growth was driven by a significant increase in sales of mid-range and high-end smartphones in key geographies, reads the statement.</p> <p>“In Greater China, Huawei laid claim to 22.1 % of the market where shipments increased by 24 percent year-over-year. Huawei also saw rapid growth in smartphone shipment across Europe, reporting 18 percent year-over-year growth with particularly robust performance in Central and Eastern and Nordic Europe,” said the statement, adding, “The Huawei Consumer Business Group also experienced major breakthroughs in Asia-Pacific markets including Thailand, Malaysia, Japan and South Korea. Russia also grew strongly.”</p> <p>The statement further says that this year-on-year growth was reflected in Huawei’s rise as a globally recognized premium brand.</p> <p>In 2017, Huawei was listed 49th on BrandZ’s Top 100 Most Valuable Global Brands while it ranked 88th in Forbes World’s Most Valuable Brands and number 40 on the Brand Finance Global 500 Most Valuable Brands lists.</p> <p>“Huawei devices have resonated with global audiences because of our clear commitment to quality, experience and innovation,” added Yu.</p> <p>Huawei claimed that the company is set to grow its expansive retail network, reaching 56,000 retail stores worldwide by the end of 2017 – an increase from 35,000 in May 2016.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-07-28', 'modified' => '2017-07-28', 'keywords' => '', 'description' => '', 'sortorder' => '6103', 'image' => '20170728015340_800.jpg', 'article_date' => '2017-07-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6319', 'article_category_id' => '1', 'title' => 'India-Nepal Joint Meeting on Saptakoshi, Sunkoshi held', 'sub_title' => '', 'summary' => 'The 15th meeting of Nepal-India Joint Team of Experts (JTE) on Saptakoshi High Dam Mulitpurpose Project and Sunkoshi storage-cum-diversion scheme held in Kathmandu from July 25-26 reviewed progress made since the last meeting of the JTE.', 'content' => '<p>July 28: The 15<sup>th</sup> meeting of Nepal-India Joint Team of Experts (JTE) on Saptakoshi High Dam Mulitpurpose Project and Sunkoshi storage-cum-diversion scheme held in Kathmandu from July 25-26 reviewed progress made since the last meeting of the JTE.</p> <p>A press release issued by the Embassy of India states that the Nepalese team was led by Nabin Raj Singh, director general of the Department of Electricity while the Indian teal was led by Pradeep Kumar, member of Central Water Commission of the Government of India.</p> <p>“The meeting reviewed progress made since the 14th meeting of JTE including, follow-up action on decisions taken on various items of 14th meeting of JTE and review of progress made; environmental impact assessment studies; resettlement and rehabilitation plan; design flood studies; Glacier Lake Outburst Flood (GLOF) studies; power potential studies; power system and power evacuation studies; and drilling activities at the Saptakoshi High Dam site,” reads the press statement.</p> <p>The meeting also recommended the extension of time of the Joint Project Office of Saptakoshi Sunkoshi Investigation for a period of 30 months effective from March 1, 2017.</p> <p>The JTE has decided to hold the next meeting in February 2018.</p> ', 'published' => true, 'created' => '2017-07-28', 'modified' => '2017-07-28', 'keywords' => '', 'description' => '', 'sortorder' => '6102', 'image' => '20170728011458_indian.jpg', 'article_date' => '2017-07-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6318', 'article_category_id' => '1', 'title' => 'Downtown Asan Gets a Facelift', 'sub_title' => '', 'summary' => 'Downtown Asan, known for its narrow alleys, unmanaged market and busy streets, has got a facelift.', 'content' => '<p>July 27: Downtown Asan, known for its narrow alleys, unmanaged market and busy streets, has got a facelift.</p> <p>The old quarter of Kathmandu got a new look with the active participation of the locals along with Kathmandu Metropolitan City, the Department of Archaeology, the local police as well as tourist police.</p> <p>Efforts are underway to make the narrow roads and market place more systematic, clean and beautiful. Places like Indrachowk, Hasnumandhoka, Asan, Machhindrabahal, Bhotahity, Jamal and Bhimsensthan among other places are being developed into better market places with open spaces.</p> <p>UNESCO World Heritage Site Basantapur also lies in this area. There are still many quake damaged houses standing with support from wooden logs in the area.</p> <p>But the place started getting a new look after the locals clubs and residents of the area joined hands to form Kantipur Development Committee, which has taken initiative to protect the sites with historical significance and has also removed street vendors who used to occupy the paths unlawfully.</p> <p>The committee’s chairman Deepak Shrestha informed that this campaign has not only helped restore the beauty of the place but also helped in curbing unlawful activities.</p> <p>Shrestha informed that the initiative was taken with the support of the recently elected people’s representatives.</p> <p>The committee’s treasurer Pradeep Joche said that the removal of unlawful street vendors in areas like Kasthamandap of ward-19, Basantapur of ward-23, Hanumandhoka of ward-14, Asan and Machhindrabahal of ward-25, and Bhotahiti of ward-27 has eased the flow of movement of people as well as traffic.</p> <p>Proper management and protection of the downtown areas has made it easy for the locals as well as tourists to move around the area, informed Police Inspector Tulasa Khatiwada of the Tourist Police. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6101', 'image' => '20170727041505_asan.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6317', 'article_category_id' => '1', 'title' => 'NMB Bank to provide fully automated service', 'sub_title' => '', 'summary' => ' NMB Bank has reached an agreement with Singapore-based Bank-Genie to start fully automated banking service in Nepal. ', 'content' => '<p>July 27: NMB Bank has reached an agreement with Singapore-based Bank-Genie to start fully automated banking service in Nepal. As per the agreement, NMB Bank will start service for automated banking using tablet with the support from Ban-Genie.NMB Bank’s Chief Executive Officer (CEO) Sunil KC and Bank-Genie’s CEO Ram Kumar Sharma signed a memorandum of understanding to this effect.</p> <p>According to KC, this service will make NMB Bank one of the leading banks to provide digital banking service for the benefit of the customers.</p> <p> </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6100', 'image' => '20170727033345_nmb.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6316', 'article_category_id' => '1', 'title' => 'SEBON Determined to Enhance Reputation of Stock Market', 'sub_title' => '', 'summary' => 'Securities Board of Nepal (SEBON) has said it will make the share market more competitive in the coming days by effective monitoring and supervision. ', 'content' => '<p>July 27: Securities Board of Nepal (SEBON) has said it will make the share market more competitive in the coming days by effective monitoring and supervision. For this, SEBON has given special attention to improving primary and secondary markets, efficient broker service, effective merchant banking service and increasing the listing of real sector companies in the stock market. Currently, banking sector constitutes 80 percent of the stock market.</p> <p>SEBON Chair Rewat Bahadur Karki informed that they will take necessary steps in this fiscal year to enhance the reputation of stock market and to make it reliable. Karki recalled the measures taken by the board for the development of the stock market.</p> <p>Those measures included three basic works like improvement in trading automation, transfer of name and clearing issue.</p> <p>According to Karki, the stock market that began from semi-automation in 2064 has adopted a modern approach by 2072. He informed that the Nepali stock market ranks fifth among the south Asian nations in terms of modernization.</p> <p>He further said that Nepal achieved its long-time dream of getting membership of International Organization of Securities Commission (IOSCO) this year.</p> <p> </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6099', 'image' => null, 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6315', 'article_category_id' => '1', 'title' => '6,000 obtain ExIm code', 'sub_title' => '', 'summary' => 'Six thousand traders have obtained ExIm code for export and import of goods from Nepal after the government announced mandatory requirement of such code for foreign trade beginning from the current fiscal year.', 'content' => '<p>July 27: Six thousand traders have obtained ExIm code for export and import of goods from Nepal after the government announced mandatory requirement of such code for foreign trade beginning from the current fiscal year.</p> <p>The government records show that there were 18,000 businessmen involved in import and export of goods before the government introduced this mandatory provision for ExIm code.</p> <p>Earlier, the government had adopted a policy to promote free trade as the then rules allowed anyone besides the listed entrepreneurs to import or export goods from any customs point of the country.</p> <p>Tripureshwar-based Customs Department informed that only 6,000 businessmen from across the country have obtained the ExIm code as of July 26.</p> <p>According to an official at the Customs Department, companies involved in this business for a long time have already obtained the code while those who trade occasionally are in the process of getting the code.</p> <p>The ExIm code section of the department informed that the code is required shortly before the goods reach the customs point. “The code can be obtained as and when it is required. That might be the reason that all the importers and exporters have not taken it so far,” said the official requesting not to be named. </p> <p>The department has made arrangement of providing ExIm code after examining necessary documents and keeping collateral, which will be reclaimed upon the recommendation of the department after the goods are cleared.</p> <p>The government had introduced the concept of ExIm code as per the Customs Act 2064 to encourage unauthorized trade activities. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6098', 'image' => null, 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6314', 'article_category_id' => '1', 'title' => 'Entrepreneurs Worried About High Rate of Interest Charged by Banks', 'sub_title' => '7 % interest rate has shot up to 17 %', 'summary' => 'Entrepreneurs have drawn the attention of concerned authorities regarding the high rate of interest charged by banks. ', 'content' => '<p>July 27: Entrepreneurs have drawn the attention of concerned authorities regarding the high rate of interest charged by banks. They have claimed that the high interest rate has had a negative impact on their business. According to the businessmen, they have been hard hit as the rate of interest has increased from 7 percent to 17 percent.</p> <p>A delegation of Nepal Chamber of Commerce met separately with Revenue Secretary Sishir Kumar Dhungana and Commerce Secretary Naindra Prasad Upadhyay at Singha Durbar and apprised them of the problem.</p> <p>During the meeting, NCC Chairman Rajesh Kaji Shrestha also told the top government officials that the draft of amendment to the Consumer Protection Act, if approved, would negatively impact the country’s business. The act has a provision of up to 10 years jail term or Rs 1 million fine or both penalties for anyone cheating the consumers.</p> <p>Secretary duo Dhungana and Upadhyay told the NCC delegation that the government is ever ready to work in coordination with the business community.</p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6097', 'image' => '20170727021714_Clipboard01.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6313', 'article_category_id' => '1', 'title' => 'Ashok Leyland Introduces Mobile Repair Service', 'sub_title' => '', 'summary' => 'IME Motors, the authorised distributor of Ashok Leyland vehicles, has launched a mobile bike service to help its customers in repair and maintenance. ', 'content' => '<p>July 27: IME Motors, the authorised distributor of Ashok Leyland vehicles, has launched a mobile bike service to help its customers in repair and maintenance. With this service, the company will send its service team anywhere if any of the Ashok Leyland vehicles encounter technical problem. IME Motors has claimed that such type of service is the first-of-its-kind in Nepal. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6096', 'image' => '20170727014306_asok.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6312', 'article_category_id' => '1', 'title' => 'NIC Asia Bank Marks 20 Years of Service', 'sub_title' => '', 'summary' => 'NIC Asia Bank organized week-long programs to mark its 20th anniversary.', 'content' => '<p>July 27: NIC Asia Bank organized week-long programs to mark its 20<sup>th</sup> anniversary. On the occasion, the bank provided support to various organizations under its corporate social responsibility.</p> <p>NIC Asia Bank donated stationary items and food supplies to a shelter in Bhainsepati, Lalitpur, in the last week of July. The bank also organized a blood donation program at its corporate office, Thapathali where around 150 people donated their blood, informed the bank.</p> <p>The bank has been providing service to the people across the country through 119 branches, four extended counters, 70 ATM outlets and 4,000 remittance counters.</p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6095', 'image' => '20170727014716_nicc.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6311', 'article_category_id' => '1', 'title' => 'Coco-Cola brings ‘Birko Kholau-Cash Jitau’ offer', 'sub_title' => '', 'summary' => 'Coca-Cola Nepal has launched ‘Birko Kholau-Cash Jitau’ offer in Nepal. ', 'content' => '<p>July 27: Coca-Cola Nepal has launched ‘Birko Kholau-Cash Jitau’ offer in Nepal. This offer is available for two months from July 7 to September 7 or till the stock remains, informed the company. This offer is available only in 250 milliliter bottle of Coca-Cola, Fanta Orange and Sprite. Customers can win cash prizes from Rs 1 to Rs 100 as mentioned under the golden cap of the bottle. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6094', 'image' => '20170727010010_coke.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6310', 'article_category_id' => '1', 'title' => 'Mega Bank Opens Branch in Khalanga', 'sub_title' => '', 'summary' => 'Mega Bank has opened its branch at Khalanga, Salyan in partnership with Sakchyam Access to Finance Programme organized by UK Aid.', 'content' => '<p>July 27: Mega Bank has opened its branch at Khalanga, Salyan in partnership with Sakchyam Access to Finance Programme organized by UK Aid. CN Pandey, a member of bank’s governing committee, and Nirmal Dahal, deputy team leader of Sakchyam jointly inaugurated the branch amid a program held on July 26. It is the 48<sup>th</sup> branch of Mega Bank.</p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6093', 'image' => '20170727125319_mega.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6309', 'article_category_id' => '1', 'title' => 'Two New Saving Schemes by Janata Bank', 'sub_title' => '', 'summary' => 'Janata Bank has introduced two new schemes – Janata Sansagat Bachat a/c and Janata Call a/c – targeting the institutional depositors. ', 'content' => '<p>July 27: Janata Bank has introduced two new schemes – Janata Sansagat Bachat a/c and Janata Call a/c – targeting the institutional depositors. Janata Sansagat Bachat a/c can be opened with a minimum balance of Rs 1,000, which offers 6 percent interest rate annually. Similarly, interest rate on Janata Call a/c will be negotiable. Customers can open these accounts from any of its branches throughout the country, reads a press statement issued by the bank.</p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6092', 'image' => '20170727124805_janata bank.jpg', 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6308', 'article_category_id' => '1', 'title' => 'Internal Revenue Collection up by 26 Percent', 'sub_title' => '', 'summary' => 'The government in the last fiscal year collected internal revenue worth Rs 258.17 billion. ', 'content' => '<p>July 27: The government in the last fiscal year collected internal revenue worth Rs 258.17 billion. The collected amount in FY 2016/17 was 26 percent more than the amount collected in the previous year.</p> <p>In the last FY, collection of income tax increased by 27 percent while VAT and excise duty were up by 23 and 30 percent respectively.</p> <p>The Inland Revenue Department had set a target of collecting Rs 233.60 billion last year but the total revenue collected was 11 percent more than the target.</p> <p>Data provided by the IRD on July 26 shows that the highest revenue it collected was Rs 148 billion from income tax. During the one-year period, IRD collected Rs 61.12 billion from VAT. Revenue collection from excise duty was Rs 47.21 billion while education service charge and health service charge were Rs 730.97 million and Rs 860.33 million respectively.</p> <p>IRD’s Director General Kishor Jung Karki said that although they faced tough challenge, the department was able to meet the target due to their relentless efforts. </p> ', 'published' => true, 'created' => '2017-07-27', 'modified' => '2017-07-27', 'keywords' => '', 'description' => '', 'sortorder' => '6091', 'image' => null, 'article_date' => '2017-07-27 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Currency | Unit |
Buy | Sell |
U.S. Dollar | 1 | 121.23 | 121.83 |
European Euro | 1 | 131.65 | 132.31 |
UK Pound Sterling | 1 | 142.47 | 143.18 |
Swiss Franc | 1 | 124.29 | 124.90 |
Australian Dollar | 1 | 71.69 | 72.05 |
Canadian Dollar | 1 | 83.90 | 84.32 |
Japanese Yen | 10 | 10.94 | 11.00 |
Chinese Yuan | 1 | 17.17 | 17.26 |
Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
UAE Dirham | 1 | 33.01 | 33.17 |
Malaysian Ringgit | 1 | 27.36 | 27.50 |
South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
Fine Gold | 1 tola | 77000.00 |
Tejabi Gold | 1 tola | 76700.00 |
Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
Petrol | 1 Liter | 106.00 |
Diesel | 1 Liter | 95.00 |
Kerosene | 1 Liter | 95.00 |
LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25