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Code Context
//    $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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	(int) 0 => array(
		'Article' => array(
			'id' => '6140',
			'article_category_id' => '1',
			'title' => 'National Microfinance Enters Fourth Year',
			'sub_title' => '',
			'summary' => 'National Microfinance of Dhading Besi has entered its fourth year of operation.',
			'content' => '<p>July 4: National Microfinance of Dhading Besi has entered its fourth year of operation.</p>

<p>Promoted by 31 individuals of Dhading district as well as seven banks and financial institutions (BFIs) including Nepal Investment Bank, Kumari Bank, Siddhartha Bank and Mega Bank, the National Microfinance is a national-level finance company, which has been operating since July 2, 2014.</p>

<p>To celebrate its anniversary, the microfinance distributed stationery items to orphans and helpless children. Various branches of the institution celebrated in different ways, with some of them opting for financial literacy programs as well.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5924',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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		'Article' => array(
			'id' => '6139',
			'article_category_id' => '1',
			'title' => 'RBB Opens New Branch in Sarlahi',
			'sub_title' => '',
			'summary' => 'Rastriya Banijya Bank (RBB) has opened its 175th branch in Balara Municipality in Sarlahi district.',
			'content' => '<p>July 4: Rastriya Banijya Bank (RBB) has opened its 175<sup>th</sup> branch in Balara Municipality in Sarlahi district.</p>

<p>Lawmaker Amaresh Kumar Singh of Nepali Congress inaugurated the branch amid a function organized on July 3.</p>

<p>&ldquo;Banks in local levels are important for the development of the concerned sector,&rdquo; said Singh during the inauguration.</p>

<p>Active participation of banks in urban, semi-urban and rural areas will help enhance the financial accessibility, said Dr Rabindra Prasad Pandey, chairman of RBB.</p>

<p>The bank aims to provide easy access to people by establishing branches in probable areas for sustainable financial expansion, informed Kiran Kumar Shrestha, CEO of RBB.</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5923',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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		'Article' => array(
			'id' => '6138',
			'article_category_id' => '1',
			'title' => 'Shangri-La Development Banks’s chairman takes oath',
			'sub_title' => '',
			'summary' => 'Rabindra Prasad Shrestha has been appointed as the chairman of Shangri-La Development Bank.',
			'content' => '<p>July 4: Rabindra Prasad Shrestha has been appointed as the chairman of Shangri-La Development Bank.</p>

<p>Shrestha took the oath of office and secrecy on Monday, July 3 in accordance to the the Banks and Financial Institutions Act - 2073 BS, informed Dinesh Thakali, deputy CEO of Shangri-La Bank.</p>

<p>Deputy Governor of Nepal Rastra Bank (NRB) Chintamani Siwakoti was present during the oath-taking ceremony.</p>
',
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			'created' => '2017-07-04',
			'modified' => '2017-07-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5922',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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		'Article' => array(
			'id' => '6137',
			'article_category_id' => '1',
			'title' => 'Government to Add 66 New Routes in Ktm Valley ',
			'sub_title' => 'Preparation to Operate 17 Large Buses',
			'summary' => 'With an objective of easing and managing the transportation system in the Kathmandu Valley, the government is adding 66 new routes in the capital from July 16.',
			'content' => '<p>July 4: With an objective of easing and managing the transportation system in the Kathmandu Valley, the government is adding 66 new routes in the capital from July 16.</p>

<p>The Project Implementation Unit under the Kathmandu Sustainable Urban Transportation Project (KSUTP) had identified the routes and recommended the Department of Transportation Management (DoTM) for implementation.</p>

<p>The DoTM has agreed to give permission to open the new routes. Currently, there are more than 200 routes in operation in the valley.</p>

<p>The project has recommended the new routes in order to manage the traffic congestion seen in the recent days. DoTM Spokesperson Tok Raj Pandey informed that new routes will come into operation after classifying them into three groups. The routes will be classified into primary, secondary and tertiary based on the capacity of vehicles that ply the routes.</p>

<p>The routes for operating large vehicles and public transportation will be classified as primary routes, while the secondary routes will be for medium-sized vehicles and tertiary routes for small vehicles. The Project Implementation Unit identified the routes in collaboration with the Asian Development Bank (ADB).</p>

<p>In the first phase of implementation, vehicles will be operated on trial basis in the 10-km route along Sinamangal-Ratnapark-lainchaur-Samakhusi-Gongabu-New Bus Park road, according to the Project Implementation Unit chief Khadga Lal Shrestha</p>

<p>&nbsp;&ldquo;We are signing a contract for the 10-km route, where 17 large buses will be operated,&rdquo; said Shrestha.</p>

<p>ADB will provide loan for 80 percent for the implementation of the project. Shrestha said that the loan and grant will be released through the Town Development Fund (TDF).</p>

<p>It has been estimated that the buses which will be operated by Digo Yatayat Pvt Ltd along the route will cost Rs 85 million, according to Shrestha.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5921',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 4 => array(
		'Article' => array(
			'id' => '6136',
			'article_category_id' => '1',
			'title' => 'Upper Tamakoshi Project to Produce Additional Electricity from Diversion',
			'sub_title' => '',
			'summary' => 'The Upper Tama Koshi Hydropower Project is all set to produce an additional 22.5 megawatts of electricity from a diversion in Rolwaling. ',
			'content' => '<p>July 4: The Upper Tama Koshi Hydropower Project is all set to produce an additional 22.5 megawatts of electricity from a diversion in Rolwaling. The diversion was created so that the project would be able to produce 456 MW of electricity even during dry season. Initially, the diversion was supposed to add water to the project&rsquo;s reservoir but later a study revealed that the same diversion could be used to produce additional electricity with little investment, according to the project&rsquo;s spokesperson Dr Ganesh Neupane.</p>

<p>&ldquo;We applied for license to produce additional electricity after the feasibility study shed light on the possibility with low investment,&rdquo; said Neupane.</p>

<p>There are plans afoot to build a six-kilometer tunnel to release water to the Upper Tamakoshi reservoir from Rolwaling and in the due process electricity generation design is being made, informed Neupane.</p>

<p>The study has shown that even during extremely dry season, a minimum of 167 gigawatts of electricity can be generated from the Rolwaling diversion.</p>

<p>According to Neupane, works have already started for the transportation of materials, required for the diversion, from Lamabagar to Riku of Gaurishankar VDC after a tender bid. He further said that electricity will be generated from the diversion after the works of the Upper Tamakoshi project reaches the final phase.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5920',
			'image' => '20170704033102_tamakoshi.jpg',
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 5 => array(
		'Article' => array(
			'id' => '6135',
			'article_category_id' => '1',
			'title' => 'ACs Gaining Market in Nepal',
			'sub_title' => '',
			'summary' => 'The sales of air conditioners (AC) have increased with the rise in temperature. ',
			'content' => '<p>July 4: The sales of air conditioners (AC) have increased with the rise in temperature. Easy access and slashing prices are the other factors that have made ACs affordable even for the middle-class people, unlike in the past when it used to be bought only by the elites. ACs, which used to be available mostly in the Kathmandu Valley a few years ago, are now available is most of the places where there is electricity, according to the dealers of ACs.</p>

<p>More than a dozen national and international brands of ACs are available in the Nepali market. Himalayan Refrigeration and Electrical Industries, CG Electronics and Hilltake have been producing local brands of ACs. However, all of these local ACs are generally manufactured in China and assembled in Nepal. The price of ACs differ according to the brand, size and capacity. The minimum price of AC available in the local market is Rs 30,000.</p>

<p>The increase in number of integrated settlements, corporate offices, financial institutions and big industries in the recent years has also significantly increased the sales of ACs, according to the dealers.</p>

<p>The demand for ACs has increased by 40 percent at present. Unlike fans and heaters which serve only one purpose, ACs function both ways - give warmth during cold days and making the environment cool during hot days. &nbsp;Since the ACs can be used in both cold and hot seasons, it is in high demand throughout the year. However, the distributors of ACs say that comparatively there is more sale in summer than in winter.</p>

<p>Panasonic, LG, Haier, Samsung, Whirlpool, Fuji are some of the popular international brands available in the local markets of Nepal. Of late, even non-branded ACs have gained market. Such ACs are generally made for household use.</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5919',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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		'Article' => array(
			'id' => '6134',
			'article_category_id' => '1',
			'title' => 'Bharatpur Flights up Due to Landslides',
			'sub_title' => 'People opt for safer air route to avoid landslide-prone Mugling-Narayanghat road section',
			'summary' => 'The pathetic condition of Mugling-Narayanghat road section has resulted in the rise in number of flights to Bharatpur airport.',
			'content' => '<p>July 4: The pathetic condition of Mugling-Narayanghat road section has resulted in the rise in number of flights to Bharatpur airport. With the onset of monsoon, the road section which is undergoing construction for widening into two lanes poses high risk of landslides. This has made the commuters opt for air route.</p>

<p>Private airlines companies including Buddha Air, Yeti Airlines and Simrik Air have been providing additional flights to meet the demands of the passengers.</p>

<p>Earlier, Buddha Air and Yeti Airlines used to have three regular flights to Bharatput. But now, they have up to nine flights per day.</p>

<p>According to Bharatpur airport, altogether 9212 passengers opted for flights to travel to and from Bharatpur to Kathmandu in the month of May. In June, 9282 people took flights to and from the airport.</p>

<p>Yeti Airlines&rsquo; branch manager &nbsp;Rajesh Singh said that problem arises when the passengers do not get the tickets. &ldquo;When the temperature goes down, we can adjust passengers for full flight. But when the temperature goes up, we have to reduce the number of passengers,&rdquo; he said.</p>

<p>The airport chief Pawan Kumar Gautam informed that the number of passengers has increased as compared to the previous month.</p>

<p>Yeti Airlines can accommodate up to 30 persons per flight while the carrying capacity of Buddha Air is between 47 to 82.</p>

<p>Sandeep Kumar Shrestha, a local of Bharatpur, says that he was forced to take a flight because of the poor condition of the Mugling-Narayanghat road section.</p>

<p>&ldquo;If I don&rsquo;t reach Kathmandu on time, I will miss my exams. But I haven&rsquo;t got the ticket since the last five days,&rdquo; he laments.</p>

<p>The air passengers have been suffering as the tickets have been booked since over a week. The ticketing problem has also affected the tourists who had come to visit Sauraha and Chitwan National Park.</p>

<p>&ldquo;The Mugling-Narayanghat road section has caused more damage than the earthquake,&rdquo; said Regional Hotel Association, Sauraha&rsquo;s President Suman Ghimire.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5918',
			'image' => '20170704033247_Buddha.jpg',
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 7 => array(
		'Article' => array(
			'id' => '6133',
			'article_category_id' => '1',
			'title' => 'Ncell Brings ‘Magic Voice’ Service',
			'sub_title' => '',
			'summary' => 'Ncell customers can now enjoy a fun filled ‘Magic Voice’ service, which allows them to change their voice or background sounds while speaking to their friends or family members over the mobile phone.',
			'content' => '<p>July 3: Ncell customers can now enjoy a fun filled &lsquo;Magic Voice&rsquo; service, which allows them to change their voice or background sounds while speaking to their friends or family members over the mobile phone.</p>

<p>Once customers subscribe the service, they will be able to make calls in a changed voice of cartoon characters and women, among others and can even set background sound of traffic jam, airport, football stadium and birthday tune during call time, reads a press statement issued by Ncell.</p>

<p>The service is IVR based so customers using any kind of handsets can avail it.</p>

<p>According to the statement, the service has come in to effect from Monday (July 3).&nbsp; Customers can subscribe daily or weekly magic voice service in one-time or auto-renewal mode. It costs Rs 2 including taxes for daily Magic Voice service subscription, while weekly service charge is NPR 10 including taxes.</p>

<p>Customers can subscribe the service by dialing *17135# or 17135 for free and following instruction accordingly. They can also subscribe the service through SMS.&nbsp; To subscribe daily one-time service, customers have to type MV1, MV for daily recurring, 7MV1 for weekly one-time and 7MV for weekly recurring and send it to 17135 for the service activation.</p>

<p>After subscription, customers can dial 17135 followed by mobile number to which they wish to make call and choose any voice by pressing 1,2 or 3 and background sound by pressing 4,5, 6 or 7 from the dial pad menu. During the call, customers can press 0 to go back to the original voice.</p>

<p>&ldquo;We are happy to bring this interesting service, which adds value and contributes to enhance customer experience. To add more fun, we will continue to add different voices and background music on a monthly basis,&rdquo; said Milan Sharma, corporate communications expert of Ncell.</p>

<p>The Magic Voice call service is applicable only within the Ncell network.</p>

<p>Customers can unsubscribe the service by typing Unsub MV and sending it to 17135.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5917',
			'image' => '20170704121923_Ncell-brand-logo.jpg',
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 8 => array(
		'Article' => array(
			'id' => '6132',
			'article_category_id' => '1',
			'title' => 'Metlife Appoints Nirmal Shrestha as General Manager in Nepal',
			'sub_title' => '',
			'summary' => 'Nirmal Kajee Shrestha has been appointed the vice president and general manager of Nepal branch of MetLife.',
			'content' => '<p>July 4: Nirmal Kajee Shrestha has been appointed the vice president and general manager of Nepal branch of MetLife, a global life insurance company that operates in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.</p>

<p>Issuing a press statement, MetLife Nepal said Shrestha has been appointed to the posts effective from July 1.</p>

<p>MetLife&rsquo;s regional chief Md Nurul Islam, who oversees the works in Nepal, Bangladesh and Myanmar, said, &ldquo;Nirmal&rsquo;s appointment as general manager highlights our commitment to promote local talent. I am delighted he has taken this key role. Given his deep understanding of our business, extensive industry experience and strong leadership, we are confident that Nirmal is well positioned to capture the growth opportunities we see in Nepal.&rdquo;</p>

<p>Shrestha joined MetLife in Nepal in 2002 and has been employed in a number of senior roles in sales and agency management. Prior to joining MetLife, Shrestha held various roles in the hospitality and aviation sectors, reads the press statement.</p>

<p>Shrestha holds an MBA degree from Tribhuvan University.</p>

<p>MetLife has been operating in Nepal since 2001 as a branch of the American Life Insurance Company.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5916',
			'image' => '20170704121020_download.jpg',
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 9 => array(
		'Article' => array(
			'id' => '6131',
			'article_category_id' => '1',
			'title' => 'General Public Least Interested in Bonds Issued by Government',
			'sub_title' => '',
			'summary' => 'Nepal Rastra Bank had issued development bonds worth Rs 6 billion for a period of 15 years on June 21. ',
			'content' => '<p>July 3: Nepal Rastra Bank had issued development bonds worth Rs 6 billion for a period of 15 years on June 21. Six days later, the central bank sold five-year development bonds worth Rs 7 billion. The government had issued the bonds through the Nepal Rastra Bank to collect internal loan. The demand of the applicants seeking to purchase the five-year bond was three times more than the bond amount. Despite such a great interest to procure the bonds, the participation of people in the process has surprisingly nil. &nbsp;</p>

<p>Similarly, the demand for the bond issued on June 21 was double than the amount announced by the NRB. But the participation of the public in procuring the bonds was almost zero in this case as well, according to data maintained by the Public Loan Management Department of the NRB.</p>

<p>The department&rsquo;s acting chief Neelam Timsina informed that there applications worth Rs 15.86 billion for the Rs 6 billion bonds.</p>

<p>Although the general public is eligible to purchase bonds, their participation has significantly been reduced as the bond market has been limited only to banks and financial institutions.</p>

<p>Although the interest rate of bonds issued by the government is less, there is zero percent risk in such bonds and therefore the BFIs are more interested in them, according to Timsina.</p>

<p>The interest of people to buy the bonds allocated for the general public is also not so encouraging.</p>

<p>&ldquo;This means either the people do not have enough purchasing power or they are unaware about the topic,&rdquo; says one economist.</p>

<p>&ldquo;Since the banks agree for low interest rate in the bidding process, the people might have not shown their willingness to buy such bonds,&rdquo; says Timsina, adding, &ldquo;Maybe, the people are not interested in buying long-term bonds.&rdquo;</p>

<p>The government has issued development bonds for eight times in the current fiscal year 2016/17. NRB data shows that such bonds were issued only five times in the last fiscal year.</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5915',
			'image' => null,
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '6130',
			'article_category_id' => '1',
			'title' => 'NOC Reduces Fuel Prices ',
			'sub_title' => '',
			'summary' => 'The government has brought down the prices of cooking gas, petroleum products including aviation fuel effective from Sunday mid-night.  ',
			'content' => '<p>July 3: The government has brought down the prices of cooking gas, petroleum products including aviation fuel effective from Sunday mid-night.</p>

<p>According to Sitaram Pokhrel, spokesperson of Nepal Oil Corporation (NOC), the price of LPG has been sliced by Rs 25 per cylinder while diesel, petrol and kerosene have become cheaper by Rs 2 per litre.</p>

<p>Similarly, the internal aviation fuel has by decreased by Rs 4 per litre.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5914',
			'image' => '20170705021649_fuel.jpg',
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 11 => array(
		'Article' => array(
			'id' => '6129',
			'article_category_id' => '1',
			'title' => 'NCC Requests Minister to Study Impact of Indian GST',
			'sub_title' => '',
			'summary' => 'Business entrepreneurs affiliated to the Nepal Chamber of Commerce (NCC) have requested the government to study the impact of the goods and service tax (GST) of Indian taxation system on Nepal’s economy.',
			'content' => '<p>July 3: Business entrepreneurs affiliated to the Nepal Chamber of Commerce (NCC) have requested the government to study the impact of the goods and service tax (GST) of Indian taxation system on Nepal&rsquo;s economy.</p>

<p>&nbsp;A delegation led by Rajesh Kaji Shrestha, president of NCC, met with Finance Minister Gyanendra Karki on July 2 and drew the attention of the minister about various problems seen in the economic development as well as industrial and business sector of Nepal.</p>

<p>The business persons said that the GST has created confusion in the Nepali economic sphere as well. Stating that the entrepreneurs have been gripped by the fear of probable multiple taxation to the provinces as well as the central government in the new federal setup, they pointed out the necessity of issuing white paper by the government to maintain transparency on the taxation system and policy.</p>

<p>He added that the BFIs charge high interest rates and at times the loan for investment is lacking. &ldquo;The government should solve these problems as far as possible,&rdquo; he said.</p>

<p>&nbsp;In the meeting, the business persons also demanded to rethink about the warehouse charges at airport which has been increased unnecessarily.</p>

<p>After hearing the grievances of the business persons, Minister Karki said that the ministry will study the suggestion and implement them soon.</p>

<p>The business persons who reached Singha Durbar to meet the minister demanded income tax waiver for five years to industries that export goods.</p>

<p>Similarly, they also demanded cash grant from customs points.</p>

<p>Likewise, NCC President Shrestha said there should be one window policy on collecting revenue and the unspent capital expenditure should be used for commercial development as re-loan.&nbsp;</p>
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			'id' => '6128',
			'article_category_id' => '1',
			'title' => 'Gorkha Brewery launches Tuborg Classic',
			'sub_title' => '',
			'summary' => 'Gorkha Brewery has launched Nepal’s first premium ‘Strong’ beer in view of the change in consumers’ taste.',
			'content' => '<p>July 3: Gorkha Brewery has launched Nepal&rsquo;s first premium &lsquo;Strong&rsquo; beer in view of the change in consumers&rsquo; taste.</p>

<p>The company has introduced Tuborg Classic with Scotch Malts in the Nepali market. The company officially launched this product amid a function at Hyatt Regency Hotel on July 2.</p>

<p>&ldquo;Our objective is to provide varieties of world-class tastes to our customers,&rdquo; said Arun Adhikari, managing director of the company.</p>

<p>Its Marketing Director Baibhav Sharma informed that the beer is a &lsquo;strong&rsquo; beer with premium taste. The beer prepared with premium scotch malts and selected herbs will provide different taste to new generation of beer lovers, informed the company.</p>

<p>The beer launched with the tagline &lsquo;Stronger and Smoother&rsquo; contains 6.5 percent alcohol. The company has set the market price of 650 ml bottle at Rs 310.</p>

<p>&nbsp;</p>
',
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			'created' => '2017-07-03',
			'modified' => '2017-07-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5912',
			'image' => '20170703045404_Gurkha_bwewary.jpg',
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		'Article' => array(
			'id' => '6127',
			'article_category_id' => '1',
			'title' => 'Cold Storage at Rs 50 Million',
			'sub_title' => '',
			'summary' => ' A cold storage is being constructed with an investment of Rs 50 million in Modi Rural Municipality in Parbat district. Its purpose is to prevent the agro products of the district from early decay.',
			'content' => '<p>July 3: A cold storage is being constructed with an investment of Rs 50 million in Modi Rural Municipality in Parbat district. Its purpose is to prevent the agro products of the district from early decay.</p>

<p>The District Technical Office is providing technical support required to construct the building.</p>

<p>Till date, 25 percent of the construction work has been completed. Although, the Ministry of Local Development has allocated Rs 5 million for the construction, the amount has not yet been released.</p>

<p>A district-level monitoring committee after recently monitoring the storage has suggested that the amount be promptly released.</p>

<p>The construction committee had bought the land for Rs 1.4 million. The completed two-story cold storage will be spread across an area of 1300 sq ft with a capacity to hold 20 trucks of vegetable products, informed Surendra Jung Lamichhane, member of the construction and consumers committee.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
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			'created' => '2017-07-03',
			'modified' => '2017-07-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5911',
			'image' => null,
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '6126',
			'article_category_id' => '1',
			'title' => 'Free Health Camp by Machhapuchchhre',
			'sub_title' => '',
			'summary' => 'The Salyan branch of Machhapuchchhre Bank organized a free health camp at Sharada Municipality-15, Malneta on July 2. ',
			'content' => '<p>July 3: The Salyan branch of Machhapuchchhre Bank organized a free health camp at Sharada Municipality-15, Malneta on July 2.</p>

<p>More than 530 people benefitted from health check-up at the camp while free medicines worth around Rs 500,000 were distributed, informed the bank.</p>

<p>The health camp was organized with the help of Kantipur Hospital under its corporate social responsibility. The bank has been supporting in social, economic, educational and sports development through its branches.</p>

<p>The bank, which started banking service from Pokhara in 2000, currently has 56 branches, one extension counter and 73 ATM outlets.</p>

<p>&nbsp;</p>
',
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
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View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '6140',
			'article_category_id' => '1',
			'title' => 'National Microfinance Enters Fourth Year',
			'sub_title' => '',
			'summary' => 'National Microfinance of Dhading Besi has entered its fourth year of operation.',
			'content' => '<p>July 4: National Microfinance of Dhading Besi has entered its fourth year of operation.</p>

<p>Promoted by 31 individuals of Dhading district as well as seven banks and financial institutions (BFIs) including Nepal Investment Bank, Kumari Bank, Siddhartha Bank and Mega Bank, the National Microfinance is a national-level finance company, which has been operating since July 2, 2014.</p>

<p>To celebrate its anniversary, the microfinance distributed stationery items to orphans and helpless children. Various branches of the institution celebrated in different ways, with some of them opting for financial literacy programs as well.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5924',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '6139',
			'article_category_id' => '1',
			'title' => 'RBB Opens New Branch in Sarlahi',
			'sub_title' => '',
			'summary' => 'Rastriya Banijya Bank (RBB) has opened its 175th branch in Balara Municipality in Sarlahi district.',
			'content' => '<p>July 4: Rastriya Banijya Bank (RBB) has opened its 175<sup>th</sup> branch in Balara Municipality in Sarlahi district.</p>

<p>Lawmaker Amaresh Kumar Singh of Nepali Congress inaugurated the branch amid a function organized on July 3.</p>

<p>&ldquo;Banks in local levels are important for the development of the concerned sector,&rdquo; said Singh during the inauguration.</p>

<p>Active participation of banks in urban, semi-urban and rural areas will help enhance the financial accessibility, said Dr Rabindra Prasad Pandey, chairman of RBB.</p>

<p>The bank aims to provide easy access to people by establishing branches in probable areas for sustainable financial expansion, informed Kiran Kumar Shrestha, CEO of RBB.</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5923',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '6138',
			'article_category_id' => '1',
			'title' => 'Shangri-La Development Banks’s chairman takes oath',
			'sub_title' => '',
			'summary' => 'Rabindra Prasad Shrestha has been appointed as the chairman of Shangri-La Development Bank.',
			'content' => '<p>July 4: Rabindra Prasad Shrestha has been appointed as the chairman of Shangri-La Development Bank.</p>

<p>Shrestha took the oath of office and secrecy on Monday, July 3 in accordance to the the Banks and Financial Institutions Act - 2073 BS, informed Dinesh Thakali, deputy CEO of Shangri-La Bank.</p>

<p>Deputy Governor of Nepal Rastra Bank (NRB) Chintamani Siwakoti was present during the oath-taking ceremony.</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5922',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 3 => array(
		'Article' => array(
			'id' => '6137',
			'article_category_id' => '1',
			'title' => 'Government to Add 66 New Routes in Ktm Valley ',
			'sub_title' => 'Preparation to Operate 17 Large Buses',
			'summary' => 'With an objective of easing and managing the transportation system in the Kathmandu Valley, the government is adding 66 new routes in the capital from July 16.',
			'content' => '<p>July 4: With an objective of easing and managing the transportation system in the Kathmandu Valley, the government is adding 66 new routes in the capital from July 16.</p>

<p>The Project Implementation Unit under the Kathmandu Sustainable Urban Transportation Project (KSUTP) had identified the routes and recommended the Department of Transportation Management (DoTM) for implementation.</p>

<p>The DoTM has agreed to give permission to open the new routes. Currently, there are more than 200 routes in operation in the valley.</p>

<p>The project has recommended the new routes in order to manage the traffic congestion seen in the recent days. DoTM Spokesperson Tok Raj Pandey informed that new routes will come into operation after classifying them into three groups. The routes will be classified into primary, secondary and tertiary based on the capacity of vehicles that ply the routes.</p>

<p>The routes for operating large vehicles and public transportation will be classified as primary routes, while the secondary routes will be for medium-sized vehicles and tertiary routes for small vehicles. The Project Implementation Unit identified the routes in collaboration with the Asian Development Bank (ADB).</p>

<p>In the first phase of implementation, vehicles will be operated on trial basis in the 10-km route along Sinamangal-Ratnapark-lainchaur-Samakhusi-Gongabu-New Bus Park road, according to the Project Implementation Unit chief Khadga Lal Shrestha</p>

<p>&nbsp;&ldquo;We are signing a contract for the 10-km route, where 17 large buses will be operated,&rdquo; said Shrestha.</p>

<p>ADB will provide loan for 80 percent for the implementation of the project. Shrestha said that the loan and grant will be released through the Town Development Fund (TDF).</p>

<p>It has been estimated that the buses which will be operated by Digo Yatayat Pvt Ltd along the route will cost Rs 85 million, according to Shrestha.</p>

<p>&nbsp;</p>
',
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			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5921',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 4 => array(
		'Article' => array(
			'id' => '6136',
			'article_category_id' => '1',
			'title' => 'Upper Tamakoshi Project to Produce Additional Electricity from Diversion',
			'sub_title' => '',
			'summary' => 'The Upper Tama Koshi Hydropower Project is all set to produce an additional 22.5 megawatts of electricity from a diversion in Rolwaling. ',
			'content' => '<p>July 4: The Upper Tama Koshi Hydropower Project is all set to produce an additional 22.5 megawatts of electricity from a diversion in Rolwaling. The diversion was created so that the project would be able to produce 456 MW of electricity even during dry season. Initially, the diversion was supposed to add water to the project&rsquo;s reservoir but later a study revealed that the same diversion could be used to produce additional electricity with little investment, according to the project&rsquo;s spokesperson Dr Ganesh Neupane.</p>

<p>&ldquo;We applied for license to produce additional electricity after the feasibility study shed light on the possibility with low investment,&rdquo; said Neupane.</p>

<p>There are plans afoot to build a six-kilometer tunnel to release water to the Upper Tamakoshi reservoir from Rolwaling and in the due process electricity generation design is being made, informed Neupane.</p>

<p>The study has shown that even during extremely dry season, a minimum of 167 gigawatts of electricity can be generated from the Rolwaling diversion.</p>

<p>According to Neupane, works have already started for the transportation of materials, required for the diversion, from Lamabagar to Riku of Gaurishankar VDC after a tender bid. He further said that electricity will be generated from the diversion after the works of the Upper Tamakoshi project reaches the final phase.</p>

<p>&nbsp;</p>
',
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			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5920',
			'image' => '20170704033102_tamakoshi.jpg',
			'article_date' => '2017-07-04 00:00:00',
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	(int) 5 => array(
		'Article' => array(
			'id' => '6135',
			'article_category_id' => '1',
			'title' => 'ACs Gaining Market in Nepal',
			'sub_title' => '',
			'summary' => 'The sales of air conditioners (AC) have increased with the rise in temperature. ',
			'content' => '<p>July 4: The sales of air conditioners (AC) have increased with the rise in temperature. Easy access and slashing prices are the other factors that have made ACs affordable even for the middle-class people, unlike in the past when it used to be bought only by the elites. ACs, which used to be available mostly in the Kathmandu Valley a few years ago, are now available is most of the places where there is electricity, according to the dealers of ACs.</p>

<p>More than a dozen national and international brands of ACs are available in the Nepali market. Himalayan Refrigeration and Electrical Industries, CG Electronics and Hilltake have been producing local brands of ACs. However, all of these local ACs are generally manufactured in China and assembled in Nepal. The price of ACs differ according to the brand, size and capacity. The minimum price of AC available in the local market is Rs 30,000.</p>

<p>The increase in number of integrated settlements, corporate offices, financial institutions and big industries in the recent years has also significantly increased the sales of ACs, according to the dealers.</p>

<p>The demand for ACs has increased by 40 percent at present. Unlike fans and heaters which serve only one purpose, ACs function both ways - give warmth during cold days and making the environment cool during hot days. &nbsp;Since the ACs can be used in both cold and hot seasons, it is in high demand throughout the year. However, the distributors of ACs say that comparatively there is more sale in summer than in winter.</p>

<p>Panasonic, LG, Haier, Samsung, Whirlpool, Fuji are some of the popular international brands available in the local markets of Nepal. Of late, even non-branded ACs have gained market. Such ACs are generally made for household use.</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5919',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '6134',
			'article_category_id' => '1',
			'title' => 'Bharatpur Flights up Due to Landslides',
			'sub_title' => 'People opt for safer air route to avoid landslide-prone Mugling-Narayanghat road section',
			'summary' => 'The pathetic condition of Mugling-Narayanghat road section has resulted in the rise in number of flights to Bharatpur airport.',
			'content' => '<p>July 4: The pathetic condition of Mugling-Narayanghat road section has resulted in the rise in number of flights to Bharatpur airport. With the onset of monsoon, the road section which is undergoing construction for widening into two lanes poses high risk of landslides. This has made the commuters opt for air route.</p>

<p>Private airlines companies including Buddha Air, Yeti Airlines and Simrik Air have been providing additional flights to meet the demands of the passengers.</p>

<p>Earlier, Buddha Air and Yeti Airlines used to have three regular flights to Bharatput. But now, they have up to nine flights per day.</p>

<p>According to Bharatpur airport, altogether 9212 passengers opted for flights to travel to and from Bharatpur to Kathmandu in the month of May. In June, 9282 people took flights to and from the airport.</p>

<p>Yeti Airlines&rsquo; branch manager &nbsp;Rajesh Singh said that problem arises when the passengers do not get the tickets. &ldquo;When the temperature goes down, we can adjust passengers for full flight. But when the temperature goes up, we have to reduce the number of passengers,&rdquo; he said.</p>

<p>The airport chief Pawan Kumar Gautam informed that the number of passengers has increased as compared to the previous month.</p>

<p>Yeti Airlines can accommodate up to 30 persons per flight while the carrying capacity of Buddha Air is between 47 to 82.</p>

<p>Sandeep Kumar Shrestha, a local of Bharatpur, says that he was forced to take a flight because of the poor condition of the Mugling-Narayanghat road section.</p>

<p>&ldquo;If I don&rsquo;t reach Kathmandu on time, I will miss my exams. But I haven&rsquo;t got the ticket since the last five days,&rdquo; he laments.</p>

<p>The air passengers have been suffering as the tickets have been booked since over a week. The ticketing problem has also affected the tourists who had come to visit Sauraha and Chitwan National Park.</p>

<p>&ldquo;The Mugling-Narayanghat road section has caused more damage than the earthquake,&rdquo; said Regional Hotel Association, Sauraha&rsquo;s President Suman Ghimire.&nbsp;</p>
',
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			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5918',
			'image' => '20170704033247_Buddha.jpg',
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '6133',
			'article_category_id' => '1',
			'title' => 'Ncell Brings ‘Magic Voice’ Service',
			'sub_title' => '',
			'summary' => 'Ncell customers can now enjoy a fun filled ‘Magic Voice’ service, which allows them to change their voice or background sounds while speaking to their friends or family members over the mobile phone.',
			'content' => '<p>July 3: Ncell customers can now enjoy a fun filled &lsquo;Magic Voice&rsquo; service, which allows them to change their voice or background sounds while speaking to their friends or family members over the mobile phone.</p>

<p>Once customers subscribe the service, they will be able to make calls in a changed voice of cartoon characters and women, among others and can even set background sound of traffic jam, airport, football stadium and birthday tune during call time, reads a press statement issued by Ncell.</p>

<p>The service is IVR based so customers using any kind of handsets can avail it.</p>

<p>According to the statement, the service has come in to effect from Monday (July 3).&nbsp; Customers can subscribe daily or weekly magic voice service in one-time or auto-renewal mode. It costs Rs 2 including taxes for daily Magic Voice service subscription, while weekly service charge is NPR 10 including taxes.</p>

<p>Customers can subscribe the service by dialing *17135# or 17135 for free and following instruction accordingly. They can also subscribe the service through SMS.&nbsp; To subscribe daily one-time service, customers have to type MV1, MV for daily recurring, 7MV1 for weekly one-time and 7MV for weekly recurring and send it to 17135 for the service activation.</p>

<p>After subscription, customers can dial 17135 followed by mobile number to which they wish to make call and choose any voice by pressing 1,2 or 3 and background sound by pressing 4,5, 6 or 7 from the dial pad menu. During the call, customers can press 0 to go back to the original voice.</p>

<p>&ldquo;We are happy to bring this interesting service, which adds value and contributes to enhance customer experience. To add more fun, we will continue to add different voices and background music on a monthly basis,&rdquo; said Milan Sharma, corporate communications expert of Ncell.</p>

<p>The Magic Voice call service is applicable only within the Ncell network.</p>

<p>Customers can unsubscribe the service by typing Unsub MV and sending it to 17135.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5917',
			'image' => '20170704121923_Ncell-brand-logo.jpg',
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '6132',
			'article_category_id' => '1',
			'title' => 'Metlife Appoints Nirmal Shrestha as General Manager in Nepal',
			'sub_title' => '',
			'summary' => 'Nirmal Kajee Shrestha has been appointed the vice president and general manager of Nepal branch of MetLife.',
			'content' => '<p>July 4: Nirmal Kajee Shrestha has been appointed the vice president and general manager of Nepal branch of MetLife, a global life insurance company that operates in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.</p>

<p>Issuing a press statement, MetLife Nepal said Shrestha has been appointed to the posts effective from July 1.</p>

<p>MetLife&rsquo;s regional chief Md Nurul Islam, who oversees the works in Nepal, Bangladesh and Myanmar, said, &ldquo;Nirmal&rsquo;s appointment as general manager highlights our commitment to promote local talent. I am delighted he has taken this key role. Given his deep understanding of our business, extensive industry experience and strong leadership, we are confident that Nirmal is well positioned to capture the growth opportunities we see in Nepal.&rdquo;</p>

<p>Shrestha joined MetLife in Nepal in 2002 and has been employed in a number of senior roles in sales and agency management. Prior to joining MetLife, Shrestha held various roles in the hospitality and aviation sectors, reads the press statement.</p>

<p>Shrestha holds an MBA degree from Tribhuvan University.</p>

<p>MetLife has been operating in Nepal since 2001 as a branch of the American Life Insurance Company.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5916',
			'image' => '20170704121020_download.jpg',
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
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	(int) 9 => array(
		'Article' => array(
			'id' => '6131',
			'article_category_id' => '1',
			'title' => 'General Public Least Interested in Bonds Issued by Government',
			'sub_title' => '',
			'summary' => 'Nepal Rastra Bank had issued development bonds worth Rs 6 billion for a period of 15 years on June 21. ',
			'content' => '<p>July 3: Nepal Rastra Bank had issued development bonds worth Rs 6 billion for a period of 15 years on June 21. Six days later, the central bank sold five-year development bonds worth Rs 7 billion. The government had issued the bonds through the Nepal Rastra Bank to collect internal loan. The demand of the applicants seeking to purchase the five-year bond was three times more than the bond amount. Despite such a great interest to procure the bonds, the participation of people in the process has surprisingly nil. &nbsp;</p>

<p>Similarly, the demand for the bond issued on June 21 was double than the amount announced by the NRB. But the participation of the public in procuring the bonds was almost zero in this case as well, according to data maintained by the Public Loan Management Department of the NRB.</p>

<p>The department&rsquo;s acting chief Neelam Timsina informed that there applications worth Rs 15.86 billion for the Rs 6 billion bonds.</p>

<p>Although the general public is eligible to purchase bonds, their participation has significantly been reduced as the bond market has been limited only to banks and financial institutions.</p>

<p>Although the interest rate of bonds issued by the government is less, there is zero percent risk in such bonds and therefore the BFIs are more interested in them, according to Timsina.</p>

<p>The interest of people to buy the bonds allocated for the general public is also not so encouraging.</p>

<p>&ldquo;This means either the people do not have enough purchasing power or they are unaware about the topic,&rdquo; says one economist.</p>

<p>&ldquo;Since the banks agree for low interest rate in the bidding process, the people might have not shown their willingness to buy such bonds,&rdquo; says Timsina, adding, &ldquo;Maybe, the people are not interested in buying long-term bonds.&rdquo;</p>

<p>The government has issued development bonds for eight times in the current fiscal year 2016/17. NRB data shows that such bonds were issued only five times in the last fiscal year.</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5915',
			'image' => null,
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 10 => array(
		'Article' => array(
			'id' => '6130',
			'article_category_id' => '1',
			'title' => 'NOC Reduces Fuel Prices ',
			'sub_title' => '',
			'summary' => 'The government has brought down the prices of cooking gas, petroleum products including aviation fuel effective from Sunday mid-night.  ',
			'content' => '<p>July 3: The government has brought down the prices of cooking gas, petroleum products including aviation fuel effective from Sunday mid-night.</p>

<p>According to Sitaram Pokhrel, spokesperson of Nepal Oil Corporation (NOC), the price of LPG has been sliced by Rs 25 per cylinder while diesel, petrol and kerosene have become cheaper by Rs 2 per litre.</p>

<p>Similarly, the internal aviation fuel has by decreased by Rs 4 per litre.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5914',
			'image' => '20170705021649_fuel.jpg',
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 11 => array(
		'Article' => array(
			'id' => '6129',
			'article_category_id' => '1',
			'title' => 'NCC Requests Minister to Study Impact of Indian GST',
			'sub_title' => '',
			'summary' => 'Business entrepreneurs affiliated to the Nepal Chamber of Commerce (NCC) have requested the government to study the impact of the goods and service tax (GST) of Indian taxation system on Nepal’s economy.',
			'content' => '<p>July 3: Business entrepreneurs affiliated to the Nepal Chamber of Commerce (NCC) have requested the government to study the impact of the goods and service tax (GST) of Indian taxation system on Nepal&rsquo;s economy.</p>

<p>&nbsp;A delegation led by Rajesh Kaji Shrestha, president of NCC, met with Finance Minister Gyanendra Karki on July 2 and drew the attention of the minister about various problems seen in the economic development as well as industrial and business sector of Nepal.</p>

<p>The business persons said that the GST has created confusion in the Nepali economic sphere as well. Stating that the entrepreneurs have been gripped by the fear of probable multiple taxation to the provinces as well as the central government in the new federal setup, they pointed out the necessity of issuing white paper by the government to maintain transparency on the taxation system and policy.</p>

<p>He added that the BFIs charge high interest rates and at times the loan for investment is lacking. &ldquo;The government should solve these problems as far as possible,&rdquo; he said.</p>

<p>&nbsp;In the meeting, the business persons also demanded to rethink about the warehouse charges at airport which has been increased unnecessarily.</p>

<p>After hearing the grievances of the business persons, Minister Karki said that the ministry will study the suggestion and implement them soon.</p>

<p>The business persons who reached Singha Durbar to meet the minister demanded income tax waiver for five years to industries that export goods.</p>

<p>Similarly, they also demanded cash grant from customs points.</p>

<p>Likewise, NCC President Shrestha said there should be one window policy on collecting revenue and the unspent capital expenditure should be used for commercial development as re-loan.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5913',
			'image' => null,
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '6128',
			'article_category_id' => '1',
			'title' => 'Gorkha Brewery launches Tuborg Classic',
			'sub_title' => '',
			'summary' => 'Gorkha Brewery has launched Nepal’s first premium ‘Strong’ beer in view of the change in consumers’ taste.',
			'content' => '<p>July 3: Gorkha Brewery has launched Nepal&rsquo;s first premium &lsquo;Strong&rsquo; beer in view of the change in consumers&rsquo; taste.</p>

<p>The company has introduced Tuborg Classic with Scotch Malts in the Nepali market. The company officially launched this product amid a function at Hyatt Regency Hotel on July 2.</p>

<p>&ldquo;Our objective is to provide varieties of world-class tastes to our customers,&rdquo; said Arun Adhikari, managing director of the company.</p>

<p>Its Marketing Director Baibhav Sharma informed that the beer is a &lsquo;strong&rsquo; beer with premium taste. The beer prepared with premium scotch malts and selected herbs will provide different taste to new generation of beer lovers, informed the company.</p>

<p>The beer launched with the tagline &lsquo;Stronger and Smoother&rsquo; contains 6.5 percent alcohol. The company has set the market price of 650 ml bottle at Rs 310.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5912',
			'image' => '20170703045404_Gurkha_bwewary.jpg',
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	),
	(int) 13 => array(
		'Article' => array(
			'id' => '6127',
			'article_category_id' => '1',
			'title' => 'Cold Storage at Rs 50 Million',
			'sub_title' => '',
			'summary' => ' A cold storage is being constructed with an investment of Rs 50 million in Modi Rural Municipality in Parbat district. Its purpose is to prevent the agro products of the district from early decay.',
			'content' => '<p>July 3: A cold storage is being constructed with an investment of Rs 50 million in Modi Rural Municipality in Parbat district. Its purpose is to prevent the agro products of the district from early decay.</p>

<p>The District Technical Office is providing technical support required to construct the building.</p>

<p>Till date, 25 percent of the construction work has been completed. Although, the Ministry of Local Development has allocated Rs 5 million for the construction, the amount has not yet been released.</p>

<p>A district-level monitoring committee after recently monitoring the storage has suggested that the amount be promptly released.</p>

<p>The construction committee had bought the land for Rs 1.4 million. The completed two-story cold storage will be spread across an area of 1300 sq ft with a capacity to hold 20 trucks of vegetable products, informed Surendra Jung Lamichhane, member of the construction and consumers committee.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5911',
			'image' => null,
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '6126',
			'article_category_id' => '1',
			'title' => 'Free Health Camp by Machhapuchchhre',
			'sub_title' => '',
			'summary' => 'The Salyan branch of Machhapuchchhre Bank organized a free health camp at Sharada Municipality-15, Malneta on July 2. ',
			'content' => '<p>July 3: The Salyan branch of Machhapuchchhre Bank organized a free health camp at Sharada Municipality-15, Malneta on July 2.</p>

<p>More than 530 people benefitted from health check-up at the camp while free medicines worth around Rs 500,000 were distributed, informed the bank.</p>

<p>The health camp was organized with the help of Kantipur Hospital under its corporate social responsibility. The bank has been supporting in social, economic, educational and sports development through its branches.</p>

<p>The bank, which started banking service from Pokhara in 2000, currently has 56 branches, one extension counter and 73 ATM outlets.</p>

<p>&nbsp;</p>
',
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			'created' => '2017-07-03',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '5910',
			'image' => null,
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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)
$current_user = null
$logged_in = false
simplexml_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

Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
Code Context
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
	'articles' => array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '6140',
			'article_category_id' => '1',
			'title' => 'National Microfinance Enters Fourth Year',
			'sub_title' => '',
			'summary' => 'National Microfinance of Dhading Besi has entered its fourth year of operation.',
			'content' => '<p>July 4: National Microfinance of Dhading Besi has entered its fourth year of operation.</p>

<p>Promoted by 31 individuals of Dhading district as well as seven banks and financial institutions (BFIs) including Nepal Investment Bank, Kumari Bank, Siddhartha Bank and Mega Bank, the National Microfinance is a national-level finance company, which has been operating since July 2, 2014.</p>

<p>To celebrate its anniversary, the microfinance distributed stationery items to orphans and helpless children. Various branches of the institution celebrated in different ways, with some of them opting for financial literacy programs as well.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5924',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '6139',
			'article_category_id' => '1',
			'title' => 'RBB Opens New Branch in Sarlahi',
			'sub_title' => '',
			'summary' => 'Rastriya Banijya Bank (RBB) has opened its 175th branch in Balara Municipality in Sarlahi district.',
			'content' => '<p>July 4: Rastriya Banijya Bank (RBB) has opened its 175<sup>th</sup> branch in Balara Municipality in Sarlahi district.</p>

<p>Lawmaker Amaresh Kumar Singh of Nepali Congress inaugurated the branch amid a function organized on July 3.</p>

<p>&ldquo;Banks in local levels are important for the development of the concerned sector,&rdquo; said Singh during the inauguration.</p>

<p>Active participation of banks in urban, semi-urban and rural areas will help enhance the financial accessibility, said Dr Rabindra Prasad Pandey, chairman of RBB.</p>

<p>The bank aims to provide easy access to people by establishing branches in probable areas for sustainable financial expansion, informed Kiran Kumar Shrestha, CEO of RBB.</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5923',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 2 => array(
		'Article' => array(
			'id' => '6138',
			'article_category_id' => '1',
			'title' => 'Shangri-La Development Banks’s chairman takes oath',
			'sub_title' => '',
			'summary' => 'Rabindra Prasad Shrestha has been appointed as the chairman of Shangri-La Development Bank.',
			'content' => '<p>July 4: Rabindra Prasad Shrestha has been appointed as the chairman of Shangri-La Development Bank.</p>

<p>Shrestha took the oath of office and secrecy on Monday, July 3 in accordance to the the Banks and Financial Institutions Act - 2073 BS, informed Dinesh Thakali, deputy CEO of Shangri-La Bank.</p>

<p>Deputy Governor of Nepal Rastra Bank (NRB) Chintamani Siwakoti was present during the oath-taking ceremony.</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5922',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '6137',
			'article_category_id' => '1',
			'title' => 'Government to Add 66 New Routes in Ktm Valley ',
			'sub_title' => 'Preparation to Operate 17 Large Buses',
			'summary' => 'With an objective of easing and managing the transportation system in the Kathmandu Valley, the government is adding 66 new routes in the capital from July 16.',
			'content' => '<p>July 4: With an objective of easing and managing the transportation system in the Kathmandu Valley, the government is adding 66 new routes in the capital from July 16.</p>

<p>The Project Implementation Unit under the Kathmandu Sustainable Urban Transportation Project (KSUTP) had identified the routes and recommended the Department of Transportation Management (DoTM) for implementation.</p>

<p>The DoTM has agreed to give permission to open the new routes. Currently, there are more than 200 routes in operation in the valley.</p>

<p>The project has recommended the new routes in order to manage the traffic congestion seen in the recent days. DoTM Spokesperson Tok Raj Pandey informed that new routes will come into operation after classifying them into three groups. The routes will be classified into primary, secondary and tertiary based on the capacity of vehicles that ply the routes.</p>

<p>The routes for operating large vehicles and public transportation will be classified as primary routes, while the secondary routes will be for medium-sized vehicles and tertiary routes for small vehicles. The Project Implementation Unit identified the routes in collaboration with the Asian Development Bank (ADB).</p>

<p>In the first phase of implementation, vehicles will be operated on trial basis in the 10-km route along Sinamangal-Ratnapark-lainchaur-Samakhusi-Gongabu-New Bus Park road, according to the Project Implementation Unit chief Khadga Lal Shrestha</p>

<p>&nbsp;&ldquo;We are signing a contract for the 10-km route, where 17 large buses will be operated,&rdquo; said Shrestha.</p>

<p>ADB will provide loan for 80 percent for the implementation of the project. Shrestha said that the loan and grant will be released through the Town Development Fund (TDF).</p>

<p>It has been estimated that the buses which will be operated by Digo Yatayat Pvt Ltd along the route will cost Rs 85 million, according to Shrestha.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5921',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 4 => array(
		'Article' => array(
			'id' => '6136',
			'article_category_id' => '1',
			'title' => 'Upper Tamakoshi Project to Produce Additional Electricity from Diversion',
			'sub_title' => '',
			'summary' => 'The Upper Tama Koshi Hydropower Project is all set to produce an additional 22.5 megawatts of electricity from a diversion in Rolwaling. ',
			'content' => '<p>July 4: The Upper Tama Koshi Hydropower Project is all set to produce an additional 22.5 megawatts of electricity from a diversion in Rolwaling. The diversion was created so that the project would be able to produce 456 MW of electricity even during dry season. Initially, the diversion was supposed to add water to the project&rsquo;s reservoir but later a study revealed that the same diversion could be used to produce additional electricity with little investment, according to the project&rsquo;s spokesperson Dr Ganesh Neupane.</p>

<p>&ldquo;We applied for license to produce additional electricity after the feasibility study shed light on the possibility with low investment,&rdquo; said Neupane.</p>

<p>There are plans afoot to build a six-kilometer tunnel to release water to the Upper Tamakoshi reservoir from Rolwaling and in the due process electricity generation design is being made, informed Neupane.</p>

<p>The study has shown that even during extremely dry season, a minimum of 167 gigawatts of electricity can be generated from the Rolwaling diversion.</p>

<p>According to Neupane, works have already started for the transportation of materials, required for the diversion, from Lamabagar to Riku of Gaurishankar VDC after a tender bid. He further said that electricity will be generated from the diversion after the works of the Upper Tamakoshi project reaches the final phase.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5920',
			'image' => '20170704033102_tamakoshi.jpg',
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	),
	(int) 5 => array(
		'Article' => array(
			'id' => '6135',
			'article_category_id' => '1',
			'title' => 'ACs Gaining Market in Nepal',
			'sub_title' => '',
			'summary' => 'The sales of air conditioners (AC) have increased with the rise in temperature. ',
			'content' => '<p>July 4: The sales of air conditioners (AC) have increased with the rise in temperature. Easy access and slashing prices are the other factors that have made ACs affordable even for the middle-class people, unlike in the past when it used to be bought only by the elites. ACs, which used to be available mostly in the Kathmandu Valley a few years ago, are now available is most of the places where there is electricity, according to the dealers of ACs.</p>

<p>More than a dozen national and international brands of ACs are available in the Nepali market. Himalayan Refrigeration and Electrical Industries, CG Electronics and Hilltake have been producing local brands of ACs. However, all of these local ACs are generally manufactured in China and assembled in Nepal. The price of ACs differ according to the brand, size and capacity. The minimum price of AC available in the local market is Rs 30,000.</p>

<p>The increase in number of integrated settlements, corporate offices, financial institutions and big industries in the recent years has also significantly increased the sales of ACs, according to the dealers.</p>

<p>The demand for ACs has increased by 40 percent at present. Unlike fans and heaters which serve only one purpose, ACs function both ways - give warmth during cold days and making the environment cool during hot days. &nbsp;Since the ACs can be used in both cold and hot seasons, it is in high demand throughout the year. However, the distributors of ACs say that comparatively there is more sale in summer than in winter.</p>

<p>Panasonic, LG, Haier, Samsung, Whirlpool, Fuji are some of the popular international brands available in the local markets of Nepal. Of late, even non-branded ACs have gained market. Such ACs are generally made for household use.</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5919',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	),
	(int) 6 => array(
		'Article' => array(
			'id' => '6134',
			'article_category_id' => '1',
			'title' => 'Bharatpur Flights up Due to Landslides',
			'sub_title' => 'People opt for safer air route to avoid landslide-prone Mugling-Narayanghat road section',
			'summary' => 'The pathetic condition of Mugling-Narayanghat road section has resulted in the rise in number of flights to Bharatpur airport.',
			'content' => '<p>July 4: The pathetic condition of Mugling-Narayanghat road section has resulted in the rise in number of flights to Bharatpur airport. With the onset of monsoon, the road section which is undergoing construction for widening into two lanes poses high risk of landslides. This has made the commuters opt for air route.</p>

<p>Private airlines companies including Buddha Air, Yeti Airlines and Simrik Air have been providing additional flights to meet the demands of the passengers.</p>

<p>Earlier, Buddha Air and Yeti Airlines used to have three regular flights to Bharatput. But now, they have up to nine flights per day.</p>

<p>According to Bharatpur airport, altogether 9212 passengers opted for flights to travel to and from Bharatpur to Kathmandu in the month of May. In June, 9282 people took flights to and from the airport.</p>

<p>Yeti Airlines&rsquo; branch manager &nbsp;Rajesh Singh said that problem arises when the passengers do not get the tickets. &ldquo;When the temperature goes down, we can adjust passengers for full flight. But when the temperature goes up, we have to reduce the number of passengers,&rdquo; he said.</p>

<p>The airport chief Pawan Kumar Gautam informed that the number of passengers has increased as compared to the previous month.</p>

<p>Yeti Airlines can accommodate up to 30 persons per flight while the carrying capacity of Buddha Air is between 47 to 82.</p>

<p>Sandeep Kumar Shrestha, a local of Bharatpur, says that he was forced to take a flight because of the poor condition of the Mugling-Narayanghat road section.</p>

<p>&ldquo;If I don&rsquo;t reach Kathmandu on time, I will miss my exams. But I haven&rsquo;t got the ticket since the last five days,&rdquo; he laments.</p>

<p>The air passengers have been suffering as the tickets have been booked since over a week. The ticketing problem has also affected the tourists who had come to visit Sauraha and Chitwan National Park.</p>

<p>&ldquo;The Mugling-Narayanghat road section has caused more damage than the earthquake,&rdquo; said Regional Hotel Association, Sauraha&rsquo;s President Suman Ghimire.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5918',
			'image' => '20170704033247_Buddha.jpg',
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '6133',
			'article_category_id' => '1',
			'title' => 'Ncell Brings ‘Magic Voice’ Service',
			'sub_title' => '',
			'summary' => 'Ncell customers can now enjoy a fun filled ‘Magic Voice’ service, which allows them to change their voice or background sounds while speaking to their friends or family members over the mobile phone.',
			'content' => '<p>July 3: Ncell customers can now enjoy a fun filled &lsquo;Magic Voice&rsquo; service, which allows them to change their voice or background sounds while speaking to their friends or family members over the mobile phone.</p>

<p>Once customers subscribe the service, they will be able to make calls in a changed voice of cartoon characters and women, among others and can even set background sound of traffic jam, airport, football stadium and birthday tune during call time, reads a press statement issued by Ncell.</p>

<p>The service is IVR based so customers using any kind of handsets can avail it.</p>

<p>According to the statement, the service has come in to effect from Monday (July 3).&nbsp; Customers can subscribe daily or weekly magic voice service in one-time or auto-renewal mode. It costs Rs 2 including taxes for daily Magic Voice service subscription, while weekly service charge is NPR 10 including taxes.</p>

<p>Customers can subscribe the service by dialing *17135# or 17135 for free and following instruction accordingly. They can also subscribe the service through SMS.&nbsp; To subscribe daily one-time service, customers have to type MV1, MV for daily recurring, 7MV1 for weekly one-time and 7MV for weekly recurring and send it to 17135 for the service activation.</p>

<p>After subscription, customers can dial 17135 followed by mobile number to which they wish to make call and choose any voice by pressing 1,2 or 3 and background sound by pressing 4,5, 6 or 7 from the dial pad menu. During the call, customers can press 0 to go back to the original voice.</p>

<p>&ldquo;We are happy to bring this interesting service, which adds value and contributes to enhance customer experience. To add more fun, we will continue to add different voices and background music on a monthly basis,&rdquo; said Milan Sharma, corporate communications expert of Ncell.</p>

<p>The Magic Voice call service is applicable only within the Ncell network.</p>

<p>Customers can unsubscribe the service by typing Unsub MV and sending it to 17135.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5917',
			'image' => '20170704121923_Ncell-brand-logo.jpg',
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '6132',
			'article_category_id' => '1',
			'title' => 'Metlife Appoints Nirmal Shrestha as General Manager in Nepal',
			'sub_title' => '',
			'summary' => 'Nirmal Kajee Shrestha has been appointed the vice president and general manager of Nepal branch of MetLife.',
			'content' => '<p>July 4: Nirmal Kajee Shrestha has been appointed the vice president and general manager of Nepal branch of MetLife, a global life insurance company that operates in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.</p>

<p>Issuing a press statement, MetLife Nepal said Shrestha has been appointed to the posts effective from July 1.</p>

<p>MetLife&rsquo;s regional chief Md Nurul Islam, who oversees the works in Nepal, Bangladesh and Myanmar, said, &ldquo;Nirmal&rsquo;s appointment as general manager highlights our commitment to promote local talent. I am delighted he has taken this key role. Given his deep understanding of our business, extensive industry experience and strong leadership, we are confident that Nirmal is well positioned to capture the growth opportunities we see in Nepal.&rdquo;</p>

<p>Shrestha joined MetLife in Nepal in 2002 and has been employed in a number of senior roles in sales and agency management. Prior to joining MetLife, Shrestha held various roles in the hospitality and aviation sectors, reads the press statement.</p>

<p>Shrestha holds an MBA degree from Tribhuvan University.</p>

<p>MetLife has been operating in Nepal since 2001 as a branch of the American Life Insurance Company.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5916',
			'image' => '20170704121020_download.jpg',
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 9 => array(
		'Article' => array(
			'id' => '6131',
			'article_category_id' => '1',
			'title' => 'General Public Least Interested in Bonds Issued by Government',
			'sub_title' => '',
			'summary' => 'Nepal Rastra Bank had issued development bonds worth Rs 6 billion for a period of 15 years on June 21. ',
			'content' => '<p>July 3: Nepal Rastra Bank had issued development bonds worth Rs 6 billion for a period of 15 years on June 21. Six days later, the central bank sold five-year development bonds worth Rs 7 billion. The government had issued the bonds through the Nepal Rastra Bank to collect internal loan. The demand of the applicants seeking to purchase the five-year bond was three times more than the bond amount. Despite such a great interest to procure the bonds, the participation of people in the process has surprisingly nil. &nbsp;</p>

<p>Similarly, the demand for the bond issued on June 21 was double than the amount announced by the NRB. But the participation of the public in procuring the bonds was almost zero in this case as well, according to data maintained by the Public Loan Management Department of the NRB.</p>

<p>The department&rsquo;s acting chief Neelam Timsina informed that there applications worth Rs 15.86 billion for the Rs 6 billion bonds.</p>

<p>Although the general public is eligible to purchase bonds, their participation has significantly been reduced as the bond market has been limited only to banks and financial institutions.</p>

<p>Although the interest rate of bonds issued by the government is less, there is zero percent risk in such bonds and therefore the BFIs are more interested in them, according to Timsina.</p>

<p>The interest of people to buy the bonds allocated for the general public is also not so encouraging.</p>

<p>&ldquo;This means either the people do not have enough purchasing power or they are unaware about the topic,&rdquo; says one economist.</p>

<p>&ldquo;Since the banks agree for low interest rate in the bidding process, the people might have not shown their willingness to buy such bonds,&rdquo; says Timsina, adding, &ldquo;Maybe, the people are not interested in buying long-term bonds.&rdquo;</p>

<p>The government has issued development bonds for eight times in the current fiscal year 2016/17. NRB data shows that such bonds were issued only five times in the last fiscal year.</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5915',
			'image' => null,
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '6130',
			'article_category_id' => '1',
			'title' => 'NOC Reduces Fuel Prices ',
			'sub_title' => '',
			'summary' => 'The government has brought down the prices of cooking gas, petroleum products including aviation fuel effective from Sunday mid-night.  ',
			'content' => '<p>July 3: The government has brought down the prices of cooking gas, petroleum products including aviation fuel effective from Sunday mid-night.</p>

<p>According to Sitaram Pokhrel, spokesperson of Nepal Oil Corporation (NOC), the price of LPG has been sliced by Rs 25 per cylinder while diesel, petrol and kerosene have become cheaper by Rs 2 per litre.</p>

<p>Similarly, the internal aviation fuel has by decreased by Rs 4 per litre.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5914',
			'image' => '20170705021649_fuel.jpg',
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 11 => array(
		'Article' => array(
			'id' => '6129',
			'article_category_id' => '1',
			'title' => 'NCC Requests Minister to Study Impact of Indian GST',
			'sub_title' => '',
			'summary' => 'Business entrepreneurs affiliated to the Nepal Chamber of Commerce (NCC) have requested the government to study the impact of the goods and service tax (GST) of Indian taxation system on Nepal’s economy.',
			'content' => '<p>July 3: Business entrepreneurs affiliated to the Nepal Chamber of Commerce (NCC) have requested the government to study the impact of the goods and service tax (GST) of Indian taxation system on Nepal&rsquo;s economy.</p>

<p>&nbsp;A delegation led by Rajesh Kaji Shrestha, president of NCC, met with Finance Minister Gyanendra Karki on July 2 and drew the attention of the minister about various problems seen in the economic development as well as industrial and business sector of Nepal.</p>

<p>The business persons said that the GST has created confusion in the Nepali economic sphere as well. Stating that the entrepreneurs have been gripped by the fear of probable multiple taxation to the provinces as well as the central government in the new federal setup, they pointed out the necessity of issuing white paper by the government to maintain transparency on the taxation system and policy.</p>

<p>He added that the BFIs charge high interest rates and at times the loan for investment is lacking. &ldquo;The government should solve these problems as far as possible,&rdquo; he said.</p>

<p>&nbsp;In the meeting, the business persons also demanded to rethink about the warehouse charges at airport which has been increased unnecessarily.</p>

<p>After hearing the grievances of the business persons, Minister Karki said that the ministry will study the suggestion and implement them soon.</p>

<p>The business persons who reached Singha Durbar to meet the minister demanded income tax waiver for five years to industries that export goods.</p>

<p>Similarly, they also demanded cash grant from customs points.</p>

<p>Likewise, NCC President Shrestha said there should be one window policy on collecting revenue and the unspent capital expenditure should be used for commercial development as re-loan.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5913',
			'image' => null,
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	),
	(int) 12 => array(
		'Article' => array(
			'id' => '6128',
			'article_category_id' => '1',
			'title' => 'Gorkha Brewery launches Tuborg Classic',
			'sub_title' => '',
			'summary' => 'Gorkha Brewery has launched Nepal’s first premium ‘Strong’ beer in view of the change in consumers’ taste.',
			'content' => '<p>July 3: Gorkha Brewery has launched Nepal&rsquo;s first premium &lsquo;Strong&rsquo; beer in view of the change in consumers&rsquo; taste.</p>

<p>The company has introduced Tuborg Classic with Scotch Malts in the Nepali market. The company officially launched this product amid a function at Hyatt Regency Hotel on July 2.</p>

<p>&ldquo;Our objective is to provide varieties of world-class tastes to our customers,&rdquo; said Arun Adhikari, managing director of the company.</p>

<p>Its Marketing Director Baibhav Sharma informed that the beer is a &lsquo;strong&rsquo; beer with premium taste. The beer prepared with premium scotch malts and selected herbs will provide different taste to new generation of beer lovers, informed the company.</p>

<p>The beer launched with the tagline &lsquo;Stronger and Smoother&rsquo; contains 6.5 percent alcohol. The company has set the market price of 650 ml bottle at Rs 310.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5912',
			'image' => '20170703045404_Gurkha_bwewary.jpg',
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 13 => array(
		'Article' => array(
			'id' => '6127',
			'article_category_id' => '1',
			'title' => 'Cold Storage at Rs 50 Million',
			'sub_title' => '',
			'summary' => ' A cold storage is being constructed with an investment of Rs 50 million in Modi Rural Municipality in Parbat district. Its purpose is to prevent the agro products of the district from early decay.',
			'content' => '<p>July 3: A cold storage is being constructed with an investment of Rs 50 million in Modi Rural Municipality in Parbat district. Its purpose is to prevent the agro products of the district from early decay.</p>

<p>The District Technical Office is providing technical support required to construct the building.</p>

<p>Till date, 25 percent of the construction work has been completed. Although, the Ministry of Local Development has allocated Rs 5 million for the construction, the amount has not yet been released.</p>

<p>A district-level monitoring committee after recently monitoring the storage has suggested that the amount be promptly released.</p>

<p>The construction committee had bought the land for Rs 1.4 million. The completed two-story cold storage will be spread across an area of 1300 sq ft with a capacity to hold 20 trucks of vegetable products, informed Surendra Jung Lamichhane, member of the construction and consumers committee.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5911',
			'image' => null,
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 14 => array(
		'Article' => array(
			'id' => '6126',
			'article_category_id' => '1',
			'title' => 'Free Health Camp by Machhapuchchhre',
			'sub_title' => '',
			'summary' => 'The Salyan branch of Machhapuchchhre Bank organized a free health camp at Sharada Municipality-15, Malneta on July 2. ',
			'content' => '<p>July 3: The Salyan branch of Machhapuchchhre Bank organized a free health camp at Sharada Municipality-15, Malneta on July 2.</p>

<p>More than 530 people benefitted from health check-up at the camp while free medicines worth around Rs 500,000 were distributed, informed the bank.</p>

<p>The health camp was organized with the help of Kantipur Hospital under its corporate social responsibility. The bank has been supporting in social, economic, educational and sports development through its branches.</p>

<p>The bank, which started banking service from Pokhara in 2000, currently has 56 branches, one extension counter and 73 ATM outlets.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5910',
			'image' => null,
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '6140',
			'article_category_id' => '1',
			'title' => 'National Microfinance Enters Fourth Year',
			'sub_title' => '',
			'summary' => 'National Microfinance of Dhading Besi has entered its fourth year of operation.',
			'content' => '<p>July 4: National Microfinance of Dhading Besi has entered its fourth year of operation.</p>

<p>Promoted by 31 individuals of Dhading district as well as seven banks and financial institutions (BFIs) including Nepal Investment Bank, Kumari Bank, Siddhartha Bank and Mega Bank, the National Microfinance is a national-level finance company, which has been operating since July 2, 2014.</p>

<p>To celebrate its anniversary, the microfinance distributed stationery items to orphans and helpless children. Various branches of the institution celebrated in different ways, with some of them opting for financial literacy programs as well.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5924',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 1 => array(
		'Article' => array(
			'id' => '6139',
			'article_category_id' => '1',
			'title' => 'RBB Opens New Branch in Sarlahi',
			'sub_title' => '',
			'summary' => 'Rastriya Banijya Bank (RBB) has opened its 175th branch in Balara Municipality in Sarlahi district.',
			'content' => '<p>July 4: Rastriya Banijya Bank (RBB) has opened its 175<sup>th</sup> branch in Balara Municipality in Sarlahi district.</p>

<p>Lawmaker Amaresh Kumar Singh of Nepali Congress inaugurated the branch amid a function organized on July 3.</p>

<p>&ldquo;Banks in local levels are important for the development of the concerned sector,&rdquo; said Singh during the inauguration.</p>

<p>Active participation of banks in urban, semi-urban and rural areas will help enhance the financial accessibility, said Dr Rabindra Prasad Pandey, chairman of RBB.</p>

<p>The bank aims to provide easy access to people by establishing branches in probable areas for sustainable financial expansion, informed Kiran Kumar Shrestha, CEO of RBB.</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5923',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 2 => array(
		'Article' => array(
			'id' => '6138',
			'article_category_id' => '1',
			'title' => 'Shangri-La Development Banks’s chairman takes oath',
			'sub_title' => '',
			'summary' => 'Rabindra Prasad Shrestha has been appointed as the chairman of Shangri-La Development Bank.',
			'content' => '<p>July 4: Rabindra Prasad Shrestha has been appointed as the chairman of Shangri-La Development Bank.</p>

<p>Shrestha took the oath of office and secrecy on Monday, July 3 in accordance to the the Banks and Financial Institutions Act - 2073 BS, informed Dinesh Thakali, deputy CEO of Shangri-La Bank.</p>

<p>Deputy Governor of Nepal Rastra Bank (NRB) Chintamani Siwakoti was present during the oath-taking ceremony.</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5922',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '6137',
			'article_category_id' => '1',
			'title' => 'Government to Add 66 New Routes in Ktm Valley ',
			'sub_title' => 'Preparation to Operate 17 Large Buses',
			'summary' => 'With an objective of easing and managing the transportation system in the Kathmandu Valley, the government is adding 66 new routes in the capital from July 16.',
			'content' => '<p>July 4: With an objective of easing and managing the transportation system in the Kathmandu Valley, the government is adding 66 new routes in the capital from July 16.</p>

<p>The Project Implementation Unit under the Kathmandu Sustainable Urban Transportation Project (KSUTP) had identified the routes and recommended the Department of Transportation Management (DoTM) for implementation.</p>

<p>The DoTM has agreed to give permission to open the new routes. Currently, there are more than 200 routes in operation in the valley.</p>

<p>The project has recommended the new routes in order to manage the traffic congestion seen in the recent days. DoTM Spokesperson Tok Raj Pandey informed that new routes will come into operation after classifying them into three groups. The routes will be classified into primary, secondary and tertiary based on the capacity of vehicles that ply the routes.</p>

<p>The routes for operating large vehicles and public transportation will be classified as primary routes, while the secondary routes will be for medium-sized vehicles and tertiary routes for small vehicles. The Project Implementation Unit identified the routes in collaboration with the Asian Development Bank (ADB).</p>

<p>In the first phase of implementation, vehicles will be operated on trial basis in the 10-km route along Sinamangal-Ratnapark-lainchaur-Samakhusi-Gongabu-New Bus Park road, according to the Project Implementation Unit chief Khadga Lal Shrestha</p>

<p>&nbsp;&ldquo;We are signing a contract for the 10-km route, where 17 large buses will be operated,&rdquo; said Shrestha.</p>

<p>ADB will provide loan for 80 percent for the implementation of the project. Shrestha said that the loan and grant will be released through the Town Development Fund (TDF).</p>

<p>It has been estimated that the buses which will be operated by Digo Yatayat Pvt Ltd along the route will cost Rs 85 million, according to Shrestha.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5921',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '6136',
			'article_category_id' => '1',
			'title' => 'Upper Tamakoshi Project to Produce Additional Electricity from Diversion',
			'sub_title' => '',
			'summary' => 'The Upper Tama Koshi Hydropower Project is all set to produce an additional 22.5 megawatts of electricity from a diversion in Rolwaling. ',
			'content' => '<p>July 4: The Upper Tama Koshi Hydropower Project is all set to produce an additional 22.5 megawatts of electricity from a diversion in Rolwaling. The diversion was created so that the project would be able to produce 456 MW of electricity even during dry season. Initially, the diversion was supposed to add water to the project&rsquo;s reservoir but later a study revealed that the same diversion could be used to produce additional electricity with little investment, according to the project&rsquo;s spokesperson Dr Ganesh Neupane.</p>

<p>&ldquo;We applied for license to produce additional electricity after the feasibility study shed light on the possibility with low investment,&rdquo; said Neupane.</p>

<p>There are plans afoot to build a six-kilometer tunnel to release water to the Upper Tamakoshi reservoir from Rolwaling and in the due process electricity generation design is being made, informed Neupane.</p>

<p>The study has shown that even during extremely dry season, a minimum of 167 gigawatts of electricity can be generated from the Rolwaling diversion.</p>

<p>According to Neupane, works have already started for the transportation of materials, required for the diversion, from Lamabagar to Riku of Gaurishankar VDC after a tender bid. He further said that electricity will be generated from the diversion after the works of the Upper Tamakoshi project reaches the final phase.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5920',
			'image' => '20170704033102_tamakoshi.jpg',
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '6135',
			'article_category_id' => '1',
			'title' => 'ACs Gaining Market in Nepal',
			'sub_title' => '',
			'summary' => 'The sales of air conditioners (AC) have increased with the rise in temperature. ',
			'content' => '<p>July 4: The sales of air conditioners (AC) have increased with the rise in temperature. Easy access and slashing prices are the other factors that have made ACs affordable even for the middle-class people, unlike in the past when it used to be bought only by the elites. ACs, which used to be available mostly in the Kathmandu Valley a few years ago, are now available is most of the places where there is electricity, according to the dealers of ACs.</p>

<p>More than a dozen national and international brands of ACs are available in the Nepali market. Himalayan Refrigeration and Electrical Industries, CG Electronics and Hilltake have been producing local brands of ACs. However, all of these local ACs are generally manufactured in China and assembled in Nepal. The price of ACs differ according to the brand, size and capacity. The minimum price of AC available in the local market is Rs 30,000.</p>

<p>The increase in number of integrated settlements, corporate offices, financial institutions and big industries in the recent years has also significantly increased the sales of ACs, according to the dealers.</p>

<p>The demand for ACs has increased by 40 percent at present. Unlike fans and heaters which serve only one purpose, ACs function both ways - give warmth during cold days and making the environment cool during hot days. &nbsp;Since the ACs can be used in both cold and hot seasons, it is in high demand throughout the year. However, the distributors of ACs say that comparatively there is more sale in summer than in winter.</p>

<p>Panasonic, LG, Haier, Samsung, Whirlpool, Fuji are some of the popular international brands available in the local markets of Nepal. Of late, even non-branded ACs have gained market. Such ACs are generally made for household use.</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5919',
			'image' => null,
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '6134',
			'article_category_id' => '1',
			'title' => 'Bharatpur Flights up Due to Landslides',
			'sub_title' => 'People opt for safer air route to avoid landslide-prone Mugling-Narayanghat road section',
			'summary' => 'The pathetic condition of Mugling-Narayanghat road section has resulted in the rise in number of flights to Bharatpur airport.',
			'content' => '<p>July 4: The pathetic condition of Mugling-Narayanghat road section has resulted in the rise in number of flights to Bharatpur airport. With the onset of monsoon, the road section which is undergoing construction for widening into two lanes poses high risk of landslides. This has made the commuters opt for air route.</p>

<p>Private airlines companies including Buddha Air, Yeti Airlines and Simrik Air have been providing additional flights to meet the demands of the passengers.</p>

<p>Earlier, Buddha Air and Yeti Airlines used to have three regular flights to Bharatput. But now, they have up to nine flights per day.</p>

<p>According to Bharatpur airport, altogether 9212 passengers opted for flights to travel to and from Bharatpur to Kathmandu in the month of May. In June, 9282 people took flights to and from the airport.</p>

<p>Yeti Airlines&rsquo; branch manager &nbsp;Rajesh Singh said that problem arises when the passengers do not get the tickets. &ldquo;When the temperature goes down, we can adjust passengers for full flight. But when the temperature goes up, we have to reduce the number of passengers,&rdquo; he said.</p>

<p>The airport chief Pawan Kumar Gautam informed that the number of passengers has increased as compared to the previous month.</p>

<p>Yeti Airlines can accommodate up to 30 persons per flight while the carrying capacity of Buddha Air is between 47 to 82.</p>

<p>Sandeep Kumar Shrestha, a local of Bharatpur, says that he was forced to take a flight because of the poor condition of the Mugling-Narayanghat road section.</p>

<p>&ldquo;If I don&rsquo;t reach Kathmandu on time, I will miss my exams. But I haven&rsquo;t got the ticket since the last five days,&rdquo; he laments.</p>

<p>The air passengers have been suffering as the tickets have been booked since over a week. The ticketing problem has also affected the tourists who had come to visit Sauraha and Chitwan National Park.</p>

<p>&ldquo;The Mugling-Narayanghat road section has caused more damage than the earthquake,&rdquo; said Regional Hotel Association, Sauraha&rsquo;s President Suman Ghimire.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5918',
			'image' => '20170704033247_Buddha.jpg',
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '6133',
			'article_category_id' => '1',
			'title' => 'Ncell Brings ‘Magic Voice’ Service',
			'sub_title' => '',
			'summary' => 'Ncell customers can now enjoy a fun filled ‘Magic Voice’ service, which allows them to change their voice or background sounds while speaking to their friends or family members over the mobile phone.',
			'content' => '<p>July 3: Ncell customers can now enjoy a fun filled &lsquo;Magic Voice&rsquo; service, which allows them to change their voice or background sounds while speaking to their friends or family members over the mobile phone.</p>

<p>Once customers subscribe the service, they will be able to make calls in a changed voice of cartoon characters and women, among others and can even set background sound of traffic jam, airport, football stadium and birthday tune during call time, reads a press statement issued by Ncell.</p>

<p>The service is IVR based so customers using any kind of handsets can avail it.</p>

<p>According to the statement, the service has come in to effect from Monday (July 3).&nbsp; Customers can subscribe daily or weekly magic voice service in one-time or auto-renewal mode. It costs Rs 2 including taxes for daily Magic Voice service subscription, while weekly service charge is NPR 10 including taxes.</p>

<p>Customers can subscribe the service by dialing *17135# or 17135 for free and following instruction accordingly. They can also subscribe the service through SMS.&nbsp; To subscribe daily one-time service, customers have to type MV1, MV for daily recurring, 7MV1 for weekly one-time and 7MV for weekly recurring and send it to 17135 for the service activation.</p>

<p>After subscription, customers can dial 17135 followed by mobile number to which they wish to make call and choose any voice by pressing 1,2 or 3 and background sound by pressing 4,5, 6 or 7 from the dial pad menu. During the call, customers can press 0 to go back to the original voice.</p>

<p>&ldquo;We are happy to bring this interesting service, which adds value and contributes to enhance customer experience. To add more fun, we will continue to add different voices and background music on a monthly basis,&rdquo; said Milan Sharma, corporate communications expert of Ncell.</p>

<p>The Magic Voice call service is applicable only within the Ncell network.</p>

<p>Customers can unsubscribe the service by typing Unsub MV and sending it to 17135.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5917',
			'image' => '20170704121923_Ncell-brand-logo.jpg',
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '6132',
			'article_category_id' => '1',
			'title' => 'Metlife Appoints Nirmal Shrestha as General Manager in Nepal',
			'sub_title' => '',
			'summary' => 'Nirmal Kajee Shrestha has been appointed the vice president and general manager of Nepal branch of MetLife.',
			'content' => '<p>July 4: Nirmal Kajee Shrestha has been appointed the vice president and general manager of Nepal branch of MetLife, a global life insurance company that operates in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.</p>

<p>Issuing a press statement, MetLife Nepal said Shrestha has been appointed to the posts effective from July 1.</p>

<p>MetLife&rsquo;s regional chief Md Nurul Islam, who oversees the works in Nepal, Bangladesh and Myanmar, said, &ldquo;Nirmal&rsquo;s appointment as general manager highlights our commitment to promote local talent. I am delighted he has taken this key role. Given his deep understanding of our business, extensive industry experience and strong leadership, we are confident that Nirmal is well positioned to capture the growth opportunities we see in Nepal.&rdquo;</p>

<p>Shrestha joined MetLife in Nepal in 2002 and has been employed in a number of senior roles in sales and agency management. Prior to joining MetLife, Shrestha held various roles in the hospitality and aviation sectors, reads the press statement.</p>

<p>Shrestha holds an MBA degree from Tribhuvan University.</p>

<p>MetLife has been operating in Nepal since 2001 as a branch of the American Life Insurance Company.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-04',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5916',
			'image' => '20170704121020_download.jpg',
			'article_date' => '2017-07-04 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '6131',
			'article_category_id' => '1',
			'title' => 'General Public Least Interested in Bonds Issued by Government',
			'sub_title' => '',
			'summary' => 'Nepal Rastra Bank had issued development bonds worth Rs 6 billion for a period of 15 years on June 21. ',
			'content' => '<p>July 3: Nepal Rastra Bank had issued development bonds worth Rs 6 billion for a period of 15 years on June 21. Six days later, the central bank sold five-year development bonds worth Rs 7 billion. The government had issued the bonds through the Nepal Rastra Bank to collect internal loan. The demand of the applicants seeking to purchase the five-year bond was three times more than the bond amount. Despite such a great interest to procure the bonds, the participation of people in the process has surprisingly nil. &nbsp;</p>

<p>Similarly, the demand for the bond issued on June 21 was double than the amount announced by the NRB. But the participation of the public in procuring the bonds was almost zero in this case as well, according to data maintained by the Public Loan Management Department of the NRB.</p>

<p>The department&rsquo;s acting chief Neelam Timsina informed that there applications worth Rs 15.86 billion for the Rs 6 billion bonds.</p>

<p>Although the general public is eligible to purchase bonds, their participation has significantly been reduced as the bond market has been limited only to banks and financial institutions.</p>

<p>Although the interest rate of bonds issued by the government is less, there is zero percent risk in such bonds and therefore the BFIs are more interested in them, according to Timsina.</p>

<p>The interest of people to buy the bonds allocated for the general public is also not so encouraging.</p>

<p>&ldquo;This means either the people do not have enough purchasing power or they are unaware about the topic,&rdquo; says one economist.</p>

<p>&ldquo;Since the banks agree for low interest rate in the bidding process, the people might have not shown their willingness to buy such bonds,&rdquo; says Timsina, adding, &ldquo;Maybe, the people are not interested in buying long-term bonds.&rdquo;</p>

<p>The government has issued development bonds for eight times in the current fiscal year 2016/17. NRB data shows that such bonds were issued only five times in the last fiscal year.</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-04',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5915',
			'image' => null,
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '6130',
			'article_category_id' => '1',
			'title' => 'NOC Reduces Fuel Prices ',
			'sub_title' => '',
			'summary' => 'The government has brought down the prices of cooking gas, petroleum products including aviation fuel effective from Sunday mid-night.  ',
			'content' => '<p>July 3: The government has brought down the prices of cooking gas, petroleum products including aviation fuel effective from Sunday mid-night.</p>

<p>According to Sitaram Pokhrel, spokesperson of Nepal Oil Corporation (NOC), the price of LPG has been sliced by Rs 25 per cylinder while diesel, petrol and kerosene have become cheaper by Rs 2 per litre.</p>

<p>Similarly, the internal aviation fuel has by decreased by Rs 4 per litre.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-05',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5914',
			'image' => '20170705021649_fuel.jpg',
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '6129',
			'article_category_id' => '1',
			'title' => 'NCC Requests Minister to Study Impact of Indian GST',
			'sub_title' => '',
			'summary' => 'Business entrepreneurs affiliated to the Nepal Chamber of Commerce (NCC) have requested the government to study the impact of the goods and service tax (GST) of Indian taxation system on Nepal’s economy.',
			'content' => '<p>July 3: Business entrepreneurs affiliated to the Nepal Chamber of Commerce (NCC) have requested the government to study the impact of the goods and service tax (GST) of Indian taxation system on Nepal&rsquo;s economy.</p>

<p>&nbsp;A delegation led by Rajesh Kaji Shrestha, president of NCC, met with Finance Minister Gyanendra Karki on July 2 and drew the attention of the minister about various problems seen in the economic development as well as industrial and business sector of Nepal.</p>

<p>The business persons said that the GST has created confusion in the Nepali economic sphere as well. Stating that the entrepreneurs have been gripped by the fear of probable multiple taxation to the provinces as well as the central government in the new federal setup, they pointed out the necessity of issuing white paper by the government to maintain transparency on the taxation system and policy.</p>

<p>He added that the BFIs charge high interest rates and at times the loan for investment is lacking. &ldquo;The government should solve these problems as far as possible,&rdquo; he said.</p>

<p>&nbsp;In the meeting, the business persons also demanded to rethink about the warehouse charges at airport which has been increased unnecessarily.</p>

<p>After hearing the grievances of the business persons, Minister Karki said that the ministry will study the suggestion and implement them soon.</p>

<p>The business persons who reached Singha Durbar to meet the minister demanded income tax waiver for five years to industries that export goods.</p>

<p>Similarly, they also demanded cash grant from customs points.</p>

<p>Likewise, NCC President Shrestha said there should be one window policy on collecting revenue and the unspent capital expenditure should be used for commercial development as re-loan.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5913',
			'image' => null,
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '6128',
			'article_category_id' => '1',
			'title' => 'Gorkha Brewery launches Tuborg Classic',
			'sub_title' => '',
			'summary' => 'Gorkha Brewery has launched Nepal’s first premium ‘Strong’ beer in view of the change in consumers’ taste.',
			'content' => '<p>July 3: Gorkha Brewery has launched Nepal&rsquo;s first premium &lsquo;Strong&rsquo; beer in view of the change in consumers&rsquo; taste.</p>

<p>The company has introduced Tuborg Classic with Scotch Malts in the Nepali market. The company officially launched this product amid a function at Hyatt Regency Hotel on July 2.</p>

<p>&ldquo;Our objective is to provide varieties of world-class tastes to our customers,&rdquo; said Arun Adhikari, managing director of the company.</p>

<p>Its Marketing Director Baibhav Sharma informed that the beer is a &lsquo;strong&rsquo; beer with premium taste. The beer prepared with premium scotch malts and selected herbs will provide different taste to new generation of beer lovers, informed the company.</p>

<p>The beer launched with the tagline &lsquo;Stronger and Smoother&rsquo; contains 6.5 percent alcohol. The company has set the market price of 650 ml bottle at Rs 310.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5912',
			'image' => '20170703045404_Gurkha_bwewary.jpg',
			'article_date' => '2017-07-03 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '6127',
			'article_category_id' => '1',
			'title' => 'Cold Storage at Rs 50 Million',
			'sub_title' => '',
			'summary' => ' A cold storage is being constructed with an investment of Rs 50 million in Modi Rural Municipality in Parbat district. Its purpose is to prevent the agro products of the district from early decay.',
			'content' => '<p>July 3: A cold storage is being constructed with an investment of Rs 50 million in Modi Rural Municipality in Parbat district. Its purpose is to prevent the agro products of the district from early decay.</p>

<p>The District Technical Office is providing technical support required to construct the building.</p>

<p>Till date, 25 percent of the construction work has been completed. Although, the Ministry of Local Development has allocated Rs 5 million for the construction, the amount has not yet been released.</p>

<p>A district-level monitoring committee after recently monitoring the storage has suggested that the amount be promptly released.</p>

<p>The construction committee had bought the land for Rs 1.4 million. The completed two-story cold storage will be spread across an area of 1300 sq ft with a capacity to hold 20 trucks of vegetable products, informed Surendra Jung Lamichhane, member of the construction and consumers committee.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5911',
			'image' => null,
			'article_date' => '2017-07-03 00:00:00',
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	(int) 14 => array(
		'Article' => array(
			'id' => '6126',
			'article_category_id' => '1',
			'title' => 'Free Health Camp by Machhapuchchhre',
			'sub_title' => '',
			'summary' => 'The Salyan branch of Machhapuchchhre Bank organized a free health camp at Sharada Municipality-15, Malneta on July 2. ',
			'content' => '<p>July 3: The Salyan branch of Machhapuchchhre Bank organized a free health camp at Sharada Municipality-15, Malneta on July 2.</p>

<p>More than 530 people benefitted from health check-up at the camp while free medicines worth around Rs 500,000 were distributed, informed the bank.</p>

<p>The health camp was organized with the help of Kantipur Hospital under its corporate social responsibility. The bank has been supporting in social, economic, educational and sports development through its branches.</p>

<p>The bank, which started banking service from Pokhara in 2000, currently has 56 branches, one extension counter and 73 ATM outlets.</p>

<p>&nbsp;</p>
',
			'published' => true,
			'created' => '2017-07-03',
			'modified' => '2017-07-03',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5910',
			'image' => null,
			'article_date' => '2017-07-03 00:00:00',
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			'user_id' => '16'
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