
June 9: In view of the demand of the passengers, the Swargadwari Sarwajanik Yatayat Byabasai Samiti has introduced new deluxe buses in Pyuthan…
June 9: In view of the demand of the passengers, the Swargadwari Sarwajanik Yatayat Byabasai Samiti has introduced new deluxe buses in Pyuthan…
June 9: The Tulsipur Chamber of Commerce and Industry (TCCI), Dang has announced the date of election for electing a new…
June 9: Goods worth Rs 808.68 billion have been imported till May 14, in the first ten months of the current Fiscal Year…
June 9: Mahindra KUV100 exchange camp is being organized in Pokhara since Thursday. The camp will continue till Saturday. “On the first day of the camp, five vehicles were exchanged,” informed…
June 9: Citizen Bank has relocated its Patandhoka branch to Kupondol. Issuing a press statement, the bank informed of transferring the branch to its own building at Kupondol. Ganesh Raj Pokharel, Deputy Chief Executive Officer of the bank inaugurated the branch amid a program on June 8. “The branch will provide overall banking services to the customers,” said Pokharel.…
June 9: Bank of Kathmandu (BOK) and Cashway Money Transfer has entered into an agreement regarding payment of remittance. Ritesh Lamichane, Head of Research Product Development and Marketing and Shailendra Upadhyay, CEO of Cashway Money Transfer signed the agreement amid a program on June 8. With the agreement,…
June 9: Rastriya Banijya Bank has started an ATM outlet in Dhankuta after 50 years of branch operation in the area. The Dhankuta branch which started operation in the year 1966 started the ATM service from June…
June 9: An initiation taken by Securities Board of Nepal (SEBON) of establishing new stock exchange has been tagged as inappropriate decision taken hastily by Dr Chiranjibi Nepal, Governor of Nepal Rastra Bank (NRB) and Rajan Khanal, Revenue Secretary of Finance Ministry. If a new stock exchange is being established to…
June 8: Nabil Bank and The British Council (TBC) have entered into an agreement to facilitate payment of fees by students for various tests including…
June 8: Securities Board of Nepal (SEBON) has organised a march on the occasion of its silver jubilee on June 7. The board in collaboration with its employees’ union organized the march from Bhadrakali, Shahidgate, Ratnapark, Bhrikutimandap at 7:30…
June 8: Agni Incorporated under Agni Group, the authorized distributor of Mahindra vehicle for Nepal has organized an exchange fair of Mahindra KUV 100. Issuing a press statement, the company informed of organizing the camp in official outlets of Kathmandu, Chitwan, Pokhara, Bhairawa and Butwal. The camp that started on…
June 8: The board of directors (BOD) of Mahalaxmi Life Insurance has approved its logo. A BOD meeting of the company held on June 6 decided to approve and publicized the logo. The company, with Rs 2 billion paid-up capital and 55 promoters, is commencing its operation in near future. According to the company, it will operate as per federal…
June 8: Asian Life Insurance has appointed NIBL Capital Markets as its Issue Manager. Rajesh Kumar Shrestha, CEO of Asian Life and Mekh Bahadur Thapa, General Manager of NIBL Capital signed an agreement paper regarding the matter amid a program on June 7. The issue manager will be managing 50 percent right shares approved by…
June 8: Ncell has announced that the company is all set to deploy technology neutrality on 900 and 1800 MHz band to double its fast mobile internet footprint via 3G to 60% of population on June…
June 7: Two internet service provider companies have shown interest on expanding broadband internet in Karnali region. Two companies including Mercantile Communication and WorldLink have submitted proposals on the tender bidding sought by Nepal Telecommunication Authority in a…
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]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' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '6033', 'article_category_id' => '1', 'title' => 'Deluxe Buses in Pyuthan District', 'sub_title' => '', 'summary' => 'June 9: In view of the demand of the passengers, the Swargadwari Sarwajanik Yatayat Byabasai Samiti has introduced new deluxe buses in Pyuthan district.', 'content' => '<p style="text-align: justify;">June 9: In view of the demand of the passengers, the Swargadwari Sarwajanik Yatayat Byabasai Samiti has introduced new deluxe buses in Pyuthan district.</p> <p style="text-align: justify;">Swargadwari Samiti which has always been upgrading their services timely in line with the demand of the passengers is now providing the deluxe bus service for the first time in the district.</p> <p style="text-align: justify;">Five deluxe buses with an investment of Rs. 27.5 million have been brought into operation, informed Chandra Man Shrestha, General Secretary of the agency.</p> <p style="text-align: justify;">Further, he informed that each bus cost Rs. 5.5 million. Sunil Basnet, manager of the agency informed that the buses were introduced in view of the demand of the internal tourists in the district and those who come to visit Swargadwari temple, a popular pilgrimage site in the district. The Samiti had introduced the Hiace micro bus service last year.</p> <p style="text-align: justify;">Service fare has also increased by 25 percent with the introduction of the deluxe buses. It’s the first time that the Samiti introduced the deluxe bus service in the district in its 14 years of operation. </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5818', 'image' => '20170609050905_deluxe bus.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6032', 'article_category_id' => '1', 'title' => 'Tulsipur Chamber Election on 8th July', 'sub_title' => '', 'summary' => 'June 9: The Tulsipur Chamber of Commerce and Industry (TCCI), Dang has announced the date of election for electing a new leadership.', 'content' => '<p>June 9: The Tulsipur Chamber of Commerce and Industry (TCCI), Dang has announced the date of election for electing a new leadership.</p> <p>The decision to conduct election on 8th July was made in the meeting held on June 7. The Chamber also decided to discuss electing the new leaders in consensus. New leadership will be selected after the agreement of all as far as possible, and former presidents of the chamber have been given the responsibility for consensus, said Bimal Rijal, the current president of the Chamber.</p> <p>Similarly, it also decided in the meeting to start the construction of an international city hall under the initiative of Tulsipur Chamber very soon in coordination with the government.</p> <p>Further, the meeting also decided to give continuation to the 'Clean Tulsipur, Green Tulsipur' campaign, and to make public the income and expenditure of the mid-western festival within a week.</p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5817', 'image' => null, 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6031', 'article_category_id' => '1', 'title' => 'Import worth Rs 808 billion within 10 months: NRB Report', 'sub_title' => '', 'summary' => 'June 9: Goods worth Rs 808.68 billion have been imported till May 14, in the first ten months of the current Fiscal Year 2016/17.', 'content' => '<p style="text-align: justify;">June 9: Goods worth Rs 808.68 billion have been imported till May 14, in the first ten months of the current Fiscal Year 2016/17.</p> <p style="text-align: justify;">According to the Macro Economic Report unveiled by the Nepal Rastra bank (NRB) on June 8, the import which was decreased by 4.6 percent in the first 10 months of the previous FY has now increased by 34.9 in the same period.</p> <p style="text-align: justify;">However, the import in that period has been recorded amounting to Rs 61.2 billion. With this, the total trade deficit has reached Rs 747.65 billion.</p> <p style="text-align: justify;">The import of petroleum products, vehicles and its spare parts has increased the overall trade deficit. Though there is unexpected increase of import, the inflation is in control which until mid- May has increased by 3.4 percent only, as compared to the previous FY.</p> <p style="text-align: justify;">In the time period, the import from India increased by 43.7 percent, by 12.5 percent from China, and 26.9 percent from other countries. Economists are expressing their concern on the alarming growth of import and slow rate of export as compared to export.</p> <p style="text-align: justify;">Dr Shankar Prasad Nepal, Professor at Tribhuvan University stated that the trade deficit will increase more due to expediting import and slowing down export. He said, “It will further destabilize the economy.”</p> <p style="text-align: justify;">According to the report, the import of petroleum products, vehicles, spare parts of aircrafts and machinery, MS billets, among others, has increased in the time period. However, the import of chemical fertilizers, medicines, cold roll, sit-in coil, dry cell battery, and betel nuts has come down.</p> <p style="text-align: justify;">Likewise, during the review period of the current FY, the export has increased by 9.8 percent reaching to Rs 61.02 billion whereas it had decreased by 21.7 percent in the same time period of the previous FY. The report shows that export has increased by 15 percent to India, 5.6 percent to China and 3.1 percent to other countries. </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5816', 'image' => '20170609040734_nrb.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6030', 'article_category_id' => '1', 'title' => 'Mahindra’s Exchange Camp in Pokhara', 'sub_title' => '', 'summary' => 'June 9: Mahindra KUV100 exchange camp is being organized in Pokhara since Thursday. The camp will continue till Saturday. “On the first day of the camp, five vehicles were exchanged,” informed ', 'content' => '<p style="text-align: justify;">June 9: Mahindra KUV100 exchange camp is being organized in Pokhara since Thursday. The camp will continue till Saturday. “On the first day of the camp, five vehicles were exchanged,” informed Pushpa Raj Baral, Manager of Mahindra Department, Pokhara.</p> <p style="text-align: justify;">“Customers are showing keen interest in booking and exchange offers in the exchange camp,” said Baral adding “Special discounts as well as easy financing is also available.” </p> <p style="text-align: justify;">In the camp, test drive is also being conducted and special gifts are being distributed to the test drive participants, informed Bimal Bhandari, Junior officer. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5815', 'image' => '20170609030654_mahindra.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6029', 'article_category_id' => '1', 'title' => 'Citizens Bank Relocates Patandhoka Branch to Kupondol', 'sub_title' => '', 'summary' => 'June 9: Citizen Bank has relocated its Patandhoka branch to Kupondol. Issuing a press statement, the bank informed of transferring the branch to its own building at Kupondol. Ganesh Raj Pokharel, Deputy Chief Executive Officer of the bank inaugurated the branch amid a program on June 8. “The branch will provide overall banking services to the customers,” said Pokharel. ', 'content' => '<p>June 9: Citizen Bank has relocated its Patandhoka branch to Kupondol. Issuing a press statement, the bank informed of transferring the branch to its own building at Kupondol. Ganesh Raj Pokharel, Deputy Chief Executive Officer of the bank inaugurated the branch amid a program on June 8. “The branch will provide overall banking services to the customers,” said Pokharel. </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5814', 'image' => '20170609023529_citizens.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6028', 'article_category_id' => '1', 'title' => 'Remit Agreement between BOK and Cashway', 'sub_title' => '', 'summary' => 'June 9: Bank of Kathmandu (BOK) and Cashway Money Transfer has entered into an agreement regarding payment of remittance. Ritesh Lamichane, Head of Research Product Development and Marketing and Shailendra Upadhyay, CEO of Cashway Money Transfer signed the agreement amid a program on June 8. With the agreement, re', 'content' => '<p style="text-align: justify;">June 9: Bank of Kathmandu (BOK) and Cashway Money Transfer has entered into an agreement regarding payment of remittance. Ritesh Lamichane, Head of Research Product Development and Marketing and Shailendra Upadhyay, CEO of Cashway Money Transfer signed the agreement amid a program on June 8. With the agreement, remittance send through Cashway can be collected from all the branches of BOK.</p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5813', 'image' => '20170609022613_bok.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6027', 'article_category_id' => '1', 'title' => 'RBB’s ATM in Dhankuta', 'sub_title' => '', 'summary' => 'June 9: Rastriya Banijya Bank has started an ATM outlet in Dhankuta after 50 years of branch operation in the area. The Dhankuta branch which started operation in the year 1966 started the ATM service from June 7.', 'content' => '<p style="text-align: justify;">June 9: Rastriya Banijya Bank has started an ATM outlet in Dhankuta after 50 years of branch operation in the area. The Dhankuta branch which started operation in the year 1966 started the ATM service from June 7.</p> <p style="text-align: justify;">“Customers can easily withdraw their money after starting ATM service,” said Rajendra Poudel, Manager of the bank.</p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5812', 'image' => '20170609013112_rbb.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6026', 'article_category_id' => '1', 'title' => 'Debate on New Stock Exchange', 'sub_title' => '', 'summary' => 'June 9: An initiation taken by Securities Board of Nepal (SEBON) of establishing new stock exchange has been tagged as inappropriate decision taken hastily by Dr Chiranjibi Nepal, Governor of Nepal Rastra Bank (NRB) and Rajan Khanal, Revenue Secretary of Finance Ministry. If a new stock exchange is being established to impr', 'content' => '<p style="text-align: justify;">June 9: An initiation taken by Securities Board of Nepal (SEBON) of establishing new stock exchange has been tagged as inappropriate decision taken hastily by Dr Chiranjibi Nepal, Governor of Nepal Rastra Bank (NRB) and Rajan Khanal, Revenue Secretary of Finance Ministry. If a new stock exchange is being established to improve the state-owned Nepal Stock Exchange (NEPSE), then it should be privatized as well, they stressed. However, in a program organized in the valley to mark 25<sup>th</sup> anniversary of SEBON, Dr Rewat Bahadur Karki, Chairman of SEBON revoking their argument requested all stakeholders to take the step positively as the capital market is gradually expanding.</p> <p style="text-align: justify;">SEBON has been organizing blood donation program and awareness marches since three days on the occasion of its silver jubilee. In a special program organized to mark the day, speakers engaged in debate regarding the new stock exchange. In the program, chief guest of the program, newly appointed Finance Minister Gyanendra Bahadur Karki said that the capital market is the core of economic development. He stressed on participation from private sector for the development of the capital market in Nepal. Moreover, he praising the achievements made in capital market sector assured of providing government support in coming days.</p> <p style="text-align: justify;">Meanwhile, Governor Dr Nepal said that NRB will soon sell its shares in NEPSE worth millions to private sector. He argued that while in other countries stock exchanges are merging, Nepal should not add another stock exchange. However, he opined to privatize NEPSE so that to make the market competitive.</p> <p style="text-align: justify;">Revenue Secretary, Rajan Khanal supporting Dr Nepal’s opinion said that being a regulatory body of securities market, SEBON should act smart accordingly. He requested SEBON to stress on information technology and physical infrastructure for the sustainable development of capital market. According to him, the government is also ready to sell its stake in NEPSE.</p> <p style="text-align: justify;">SEBON has expedited the process of launching new stock exchange from private sector after it took decision of so two weeks ago. For that, in the first phase, it has requested four companies to collaborate. SEBON Chairman Dr Karki informed of forwarding the process of the new establishment in the program. He clarified that the board which has been regulating nearly 415 capital market institutions took the decision to make the market more effective.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5811', 'image' => '20170609115827_sebon.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6025', 'article_category_id' => '1', 'title' => 'Nabil Bank and British Council Joins Hand', 'sub_title' => '', 'summary' => 'June 8: Nabil Bank and The British Council (TBC) have entered into an agreement to facilitate payment of fees by students for various tests including IELTS.', 'content' => '<p style="text-align: justify;">June 8: Nabil Bank and The British Council (TBC) have entered into an agreement to facilitate payment of fees by students for various tests including IELTS.</p> <p style="text-align: justify;">Issuing a press statement, the bank said that Sashin Joshi, CEO of Nabil Bank and Jovan llic, country director of TBC signed the agreement on June 6. With this partnership, students can now visit Nabil’s selected branches for payment of fees for tests conducted by TBC, reads the statement.</p> <p style="text-align: justify;">According to the statement, the bank will be offering the service from its branches in Butwal, Biratnagar, Chitwan, Bhairahawa, Nepalgunj, Birtamode, Pokhara. The service will be available in nine Kathmandu Valley branches including Teendhara, Lalitpur, Kaushaltar, Maharajgunj, New Road, Naya Baneshwor, Kantipath, Balaju, Chabahil as well. </p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5810', 'image' => '20170608014628_nabil.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6024', 'article_category_id' => '1', 'title' => 'SEBON Organizes March on Silver Jubilee', 'sub_title' => '', 'summary' => 'June 8: Securities Board of Nepal (SEBON) has organised a march on the occasion of its silver jubilee on June 7. The board in collaboration with its employees’ union organized the march from Bhadrakali, Shahidgate, Ratnapark, Bhrikutimandap at 7:30 am.', 'content' => '<p style="text-align: justify;">June 8: Securities Board of Nepal (SEBON) has organised a march on the occasion of its silver jubilee on June 7. The board in collaboration with its employees’ union organized the march from Bhadrakali, Shahidgate, Ratnapark, Bhrikutimandap at 7:30 am.</p> <p style="text-align: justify;">In the program, various informative play cards related with securities market were displayed. The program was participated by officials and employees of Nepal Stock Exchange, CDS and Clearing, ICRA Nepal and securities traders including stock broker, Merchant banker and investors, said the board.</p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5809', 'image' => '20170608013101_sebon.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6023', 'article_category_id' => '1', 'title' => 'Mahindra KUV 100 Exchange Fair', 'sub_title' => '', 'summary' => 'June 8: Agni Incorporated under Agni Group, the authorized distributor of Mahindra vehicle for Nepal has organized an exchange fair of Mahindra KUV 100. Issuing a press statement, the company informed of organizing the camp in official outlets of Kathmandu, Chitwan, Pokhara, Bhairawa and Butwal. The camp that started on Thurs', 'content' => '<p style="text-align: justify;">June 8: Agni Incorporated under Agni Group, the authorized distributor of Mahindra vehicle for Nepal has organized an exchange fair of Mahindra KUV 100. Issuing a press statement, the company informed of organizing the camp in official outlets of Kathmandu, Chitwan, Pokhara, Bhairawa and Butwal. The camp that started on Thursday will continue till Saturday. According to the company, any old vehicle can be exchanged with Mahindra KUV 100 in the best deal during the camping. Moreover, the customers will be provided various other offers throughout the event, said the company. </p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5808', 'image' => '20170608010203_mahindra.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6022', 'article_category_id' => '1', 'title' => 'BOD of Mahalaxmi Life Insurance Approves Logo', 'sub_title' => '', 'summary' => 'June 8: The board of directors (BOD) of Mahalaxmi Life Insurance has approved its logo. A BOD meeting of the company held on June 6 decided to approve and publicized the logo. The company, with Rs 2 billion paid-up capital and 55 promoters, is commencing its operation in near future. According to the company, it will operate as per federal s', 'content' => '<p style="text-align: justify;">June 8: The board of directors (BOD) of Mahalaxmi Life Insurance has approved its logo. A BOD meeting of the company held on June 6 decided to approve and publicized the logo. The company, with Rs 2 billion paid-up capital and 55 promoters, is commencing its operation in near future. According to the company, it will operate as per federal structure. </p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5807', 'image' => '20170608113321_mahalaxmi.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6021', 'article_category_id' => '1', 'title' => 'Asian Life Insurance Appoints NIBL Capital as Issue Manager', 'sub_title' => '', 'summary' => 'June 8: Asian Life Insurance has appointed NIBL Capital Markets as its Issue Manager. Rajesh Kumar Shrestha, CEO of Asian Life and Mekh Bahadur Thapa, General Manager of NIBL Capital signed an agreement paper regarding the matter amid a program on June 7. The issue manager will be managing 50 percent right shares approved by 8', 'content' => '<p style="text-align: justify;">June 8: Asian Life Insurance has appointed NIBL Capital Markets as its Issue Manager. Rajesh Kumar Shrestha, CEO of Asian Life and Mekh Bahadur Thapa, General Manager of NIBL Capital signed an agreement paper regarding the matter amid a program on June 7. The issue manager will be managing 50 percent right shares approved by 8<sup>th</sup> and 9<sup>th</sup> annual general meeting held on last April. The company is floating 4,027,966 units of right shares to its existing shareholders. After the issuance of the right shares, the paid-up capital of the company will reach Rs 1.20 billion. </p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5806', 'image' => '20170608111634_asian.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6020', 'article_category_id' => '1', 'title' => 'With Tech Neutrality, Ncell commits to make DIGITAL NEPAL a reality', 'sub_title' => '', 'summary' => 'June 8: Ncell has announced that the company is all set to deploy technology neutrality on 900 and 1800 MHz band to double its fast mobile internet footprint via 3G to 60% of population on June 7.', 'content' => '<p style="text-align:justify">June 8: Ncell has announced that the company is all set to deploy technology neutrality on 900 and 1800 MHz band to double its fast mobile internet footprint via 3G to 60% of population on June 7.</p> <p style="text-align:justify">Issuing a press statement, the GSM mobile service provider of the country said that with technology neutrality, it can enable more than 17 million Nepali in Nepal to enjoy fast mobile internet service. “Internet is a basic necessity in life, just like electricity and water. Ncell is truly delighted that the company has been given the opportunity to serve the people and deliver what they long-deserved,” said the company.</p> <p style="text-align:justify">According to Ncell, the extended coverage areas will include more than 1,000 rural and remote villages including Deuralikot of Bajhang, Shreenagar of Mugu, Jhong in Mustang, Malta of Lalitpur and Tingla of Solukhumbu. These villages will have access to fast mobile internet for the first time in their life, which will contribute to bridge the prevailing digital divide, bringing immense positive changes in the lives of the people, economy of those communities and social arena.</p> <p style="text-align:justify">“We are excited about all great impact that technology neutrality is set to bring to the people and the country, especially in term of access to internet, creation of new opportunities and GDP growth. According to a World Bank report, access to mobile broadband can give an immediate impetus to economic growth. Every 10 percentage point rise in broadband penetration raises economic growth by 1.38 percentage point,” said Simon Perkins, managing director of Ncell. “We have committed to resources, knowledge transfer and investment with up to Rs 30 billion in infrastructure and services accordingly to achieve this goal. Together, we shall collectively realize the national goal of building Digital Nepal,” Perkins stated.</p> <p style="text-align:justify">“As a part of this commitment to nation building, Ncell has introduced 4G in Kathmandu Valley on June 1, empowering customers in the Kathmandu Valley, Banepa and Dhulikhel with 4G services so that they are able to take benefits of the LTE technology. The company is also planning and testing 4G services in 40 other cities nationwide, embracing a target that 15% of population has access to 4G coverage within 2017,” reads the statement.</p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5805', 'image' => '20170608105319_ncell.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6016', 'article_category_id' => '1', 'title' => '2 Companies Bids on Karnali Broadband Expansion', 'sub_title' => '', 'summary' => 'June 7: Two internet service provider companies have shown interest on expanding broadband internet in Karnali region. Two companies including Mercantile Communication and WorldLink have submitted proposals on the tender bidding sought by Nepal Telecommunication Authority in a ', 'content' => '<p style="text-align:justify">June 7: Two internet service provider companies have shown interest on expanding broadband internet in Karnali region. Two companies including Mercantile Communication and WorldLink have submitted proposals on the tender bidding sought by Nepal Telecommunication Authority in a bid to expand broadband internet in eight various districts of Karnali.</p> <p style="text-align:justify">NEA called out the tender bidding on April 20 to prepare broadband network and provide access connectivity of internet in Karnali region. NEA had given deadline till June 4 for the companies to submit the proposals.</p> <p style="text-align:justify">For that matter, the telecommunication authority has divided Karnali, the eight districts region in two packages. It had called out the bidding proposals not exceeding Rs 370 million for the first package and Rs 460 million for the second package. As per NEA, it has included Humla, Jumla, Mugu and Dolpa in the first package and Kalikot, Rukum, Jajarkot and Rolpa in the second package.</p> <p style="text-align:justify">WorldLink, in its proposal, has bidden Rs 270 million for the first package and Rs 370 million for the second package. The internet service provider has also submitted a separate correspondence clarifying that it can provide 25 percent and 30 percent concession on the first and second package respectively. According to the concession proposal submitted to NEA, WorldLink is ready to develop the broadband network with Rs 202.5 million and Rs 238 million respectively for the packages.</p> <p style="text-align:justify">Similarly, Mercantile Communication has proposed Rs 220 million for the first package and Rs 280 million for the second package. Meanwhile, NEA is set to select the internet service provider that has strong is technically knowhow and seeks minimum funding.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-06-07', 'modified' => '2017-06-07', 'keywords' => '', 'description' => '', 'sortorder' => '5804', 'image' => '20170607121401_broadband.jpg', 'article_date' => '2017-06-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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 "" [APP/View/Elements/side_bar.ctp, line 60]file not found!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' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '6033', 'article_category_id' => '1', 'title' => 'Deluxe Buses in Pyuthan District', 'sub_title' => '', 'summary' => 'June 9: In view of the demand of the passengers, the Swargadwari Sarwajanik Yatayat Byabasai Samiti has introduced new deluxe buses in Pyuthan district.', 'content' => '<p style="text-align: justify;">June 9: In view of the demand of the passengers, the Swargadwari Sarwajanik Yatayat Byabasai Samiti has introduced new deluxe buses in Pyuthan district.</p> <p style="text-align: justify;">Swargadwari Samiti which has always been upgrading their services timely in line with the demand of the passengers is now providing the deluxe bus service for the first time in the district.</p> <p style="text-align: justify;">Five deluxe buses with an investment of Rs. 27.5 million have been brought into operation, informed Chandra Man Shrestha, General Secretary of the agency.</p> <p style="text-align: justify;">Further, he informed that each bus cost Rs. 5.5 million. Sunil Basnet, manager of the agency informed that the buses were introduced in view of the demand of the internal tourists in the district and those who come to visit Swargadwari temple, a popular pilgrimage site in the district. The Samiti had introduced the Hiace micro bus service last year.</p> <p style="text-align: justify;">Service fare has also increased by 25 percent with the introduction of the deluxe buses. It’s the first time that the Samiti introduced the deluxe bus service in the district in its 14 years of operation. </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5818', 'image' => '20170609050905_deluxe bus.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6032', 'article_category_id' => '1', 'title' => 'Tulsipur Chamber Election on 8th July', 'sub_title' => '', 'summary' => 'June 9: The Tulsipur Chamber of Commerce and Industry (TCCI), Dang has announced the date of election for electing a new leadership.', 'content' => '<p>June 9: The Tulsipur Chamber of Commerce and Industry (TCCI), Dang has announced the date of election for electing a new leadership.</p> <p>The decision to conduct election on 8th July was made in the meeting held on June 7. The Chamber also decided to discuss electing the new leaders in consensus. New leadership will be selected after the agreement of all as far as possible, and former presidents of the chamber have been given the responsibility for consensus, said Bimal Rijal, the current president of the Chamber.</p> <p>Similarly, it also decided in the meeting to start the construction of an international city hall under the initiative of Tulsipur Chamber very soon in coordination with the government.</p> <p>Further, the meeting also decided to give continuation to the 'Clean Tulsipur, Green Tulsipur' campaign, and to make public the income and expenditure of the mid-western festival within a week.</p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5817', 'image' => null, 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6031', 'article_category_id' => '1', 'title' => 'Import worth Rs 808 billion within 10 months: NRB Report', 'sub_title' => '', 'summary' => 'June 9: Goods worth Rs 808.68 billion have been imported till May 14, in the first ten months of the current Fiscal Year 2016/17.', 'content' => '<p style="text-align: justify;">June 9: Goods worth Rs 808.68 billion have been imported till May 14, in the first ten months of the current Fiscal Year 2016/17.</p> <p style="text-align: justify;">According to the Macro Economic Report unveiled by the Nepal Rastra bank (NRB) on June 8, the import which was decreased by 4.6 percent in the first 10 months of the previous FY has now increased by 34.9 in the same period.</p> <p style="text-align: justify;">However, the import in that period has been recorded amounting to Rs 61.2 billion. With this, the total trade deficit has reached Rs 747.65 billion.</p> <p style="text-align: justify;">The import of petroleum products, vehicles and its spare parts has increased the overall trade deficit. Though there is unexpected increase of import, the inflation is in control which until mid- May has increased by 3.4 percent only, as compared to the previous FY.</p> <p style="text-align: justify;">In the time period, the import from India increased by 43.7 percent, by 12.5 percent from China, and 26.9 percent from other countries. Economists are expressing their concern on the alarming growth of import and slow rate of export as compared to export.</p> <p style="text-align: justify;">Dr Shankar Prasad Nepal, Professor at Tribhuvan University stated that the trade deficit will increase more due to expediting import and slowing down export. He said, “It will further destabilize the economy.”</p> <p style="text-align: justify;">According to the report, the import of petroleum products, vehicles, spare parts of aircrafts and machinery, MS billets, among others, has increased in the time period. However, the import of chemical fertilizers, medicines, cold roll, sit-in coil, dry cell battery, and betel nuts has come down.</p> <p style="text-align: justify;">Likewise, during the review period of the current FY, the export has increased by 9.8 percent reaching to Rs 61.02 billion whereas it had decreased by 21.7 percent in the same time period of the previous FY. The report shows that export has increased by 15 percent to India, 5.6 percent to China and 3.1 percent to other countries. </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5816', 'image' => '20170609040734_nrb.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6030', 'article_category_id' => '1', 'title' => 'Mahindra’s Exchange Camp in Pokhara', 'sub_title' => '', 'summary' => 'June 9: Mahindra KUV100 exchange camp is being organized in Pokhara since Thursday. The camp will continue till Saturday. “On the first day of the camp, five vehicles were exchanged,” informed ', 'content' => '<p style="text-align: justify;">June 9: Mahindra KUV100 exchange camp is being organized in Pokhara since Thursday. The camp will continue till Saturday. “On the first day of the camp, five vehicles were exchanged,” informed Pushpa Raj Baral, Manager of Mahindra Department, Pokhara.</p> <p style="text-align: justify;">“Customers are showing keen interest in booking and exchange offers in the exchange camp,” said Baral adding “Special discounts as well as easy financing is also available.” </p> <p style="text-align: justify;">In the camp, test drive is also being conducted and special gifts are being distributed to the test drive participants, informed Bimal Bhandari, Junior officer. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5815', 'image' => '20170609030654_mahindra.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6029', 'article_category_id' => '1', 'title' => 'Citizens Bank Relocates Patandhoka Branch to Kupondol', 'sub_title' => '', 'summary' => 'June 9: Citizen Bank has relocated its Patandhoka branch to Kupondol. Issuing a press statement, the bank informed of transferring the branch to its own building at Kupondol. Ganesh Raj Pokharel, Deputy Chief Executive Officer of the bank inaugurated the branch amid a program on June 8. “The branch will provide overall banking services to the customers,” said Pokharel. ', 'content' => '<p>June 9: Citizen Bank has relocated its Patandhoka branch to Kupondol. Issuing a press statement, the bank informed of transferring the branch to its own building at Kupondol. Ganesh Raj Pokharel, Deputy Chief Executive Officer of the bank inaugurated the branch amid a program on June 8. “The branch will provide overall banking services to the customers,” said Pokharel. </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5814', 'image' => '20170609023529_citizens.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6028', 'article_category_id' => '1', 'title' => 'Remit Agreement between BOK and Cashway', 'sub_title' => '', 'summary' => 'June 9: Bank of Kathmandu (BOK) and Cashway Money Transfer has entered into an agreement regarding payment of remittance. Ritesh Lamichane, Head of Research Product Development and Marketing and Shailendra Upadhyay, CEO of Cashway Money Transfer signed the agreement amid a program on June 8. With the agreement, re', 'content' => '<p style="text-align: justify;">June 9: Bank of Kathmandu (BOK) and Cashway Money Transfer has entered into an agreement regarding payment of remittance. Ritesh Lamichane, Head of Research Product Development and Marketing and Shailendra Upadhyay, CEO of Cashway Money Transfer signed the agreement amid a program on June 8. With the agreement, remittance send through Cashway can be collected from all the branches of BOK.</p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5813', 'image' => '20170609022613_bok.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6027', 'article_category_id' => '1', 'title' => 'RBB’s ATM in Dhankuta', 'sub_title' => '', 'summary' => 'June 9: Rastriya Banijya Bank has started an ATM outlet in Dhankuta after 50 years of branch operation in the area. The Dhankuta branch which started operation in the year 1966 started the ATM service from June 7.', 'content' => '<p style="text-align: justify;">June 9: Rastriya Banijya Bank has started an ATM outlet in Dhankuta after 50 years of branch operation in the area. The Dhankuta branch which started operation in the year 1966 started the ATM service from June 7.</p> <p style="text-align: justify;">“Customers can easily withdraw their money after starting ATM service,” said Rajendra Poudel, Manager of the bank.</p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5812', 'image' => '20170609013112_rbb.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6026', 'article_category_id' => '1', 'title' => 'Debate on New Stock Exchange', 'sub_title' => '', 'summary' => 'June 9: An initiation taken by Securities Board of Nepal (SEBON) of establishing new stock exchange has been tagged as inappropriate decision taken hastily by Dr Chiranjibi Nepal, Governor of Nepal Rastra Bank (NRB) and Rajan Khanal, Revenue Secretary of Finance Ministry. If a new stock exchange is being established to impr', 'content' => '<p style="text-align: justify;">June 9: An initiation taken by Securities Board of Nepal (SEBON) of establishing new stock exchange has been tagged as inappropriate decision taken hastily by Dr Chiranjibi Nepal, Governor of Nepal Rastra Bank (NRB) and Rajan Khanal, Revenue Secretary of Finance Ministry. If a new stock exchange is being established to improve the state-owned Nepal Stock Exchange (NEPSE), then it should be privatized as well, they stressed. However, in a program organized in the valley to mark 25<sup>th</sup> anniversary of SEBON, Dr Rewat Bahadur Karki, Chairman of SEBON revoking their argument requested all stakeholders to take the step positively as the capital market is gradually expanding.</p> <p style="text-align: justify;">SEBON has been organizing blood donation program and awareness marches since three days on the occasion of its silver jubilee. In a special program organized to mark the day, speakers engaged in debate regarding the new stock exchange. In the program, chief guest of the program, newly appointed Finance Minister Gyanendra Bahadur Karki said that the capital market is the core of economic development. He stressed on participation from private sector for the development of the capital market in Nepal. Moreover, he praising the achievements made in capital market sector assured of providing government support in coming days.</p> <p style="text-align: justify;">Meanwhile, Governor Dr Nepal said that NRB will soon sell its shares in NEPSE worth millions to private sector. He argued that while in other countries stock exchanges are merging, Nepal should not add another stock exchange. However, he opined to privatize NEPSE so that to make the market competitive.</p> <p style="text-align: justify;">Revenue Secretary, Rajan Khanal supporting Dr Nepal’s opinion said that being a regulatory body of securities market, SEBON should act smart accordingly. He requested SEBON to stress on information technology and physical infrastructure for the sustainable development of capital market. According to him, the government is also ready to sell its stake in NEPSE.</p> <p style="text-align: justify;">SEBON has expedited the process of launching new stock exchange from private sector after it took decision of so two weeks ago. For that, in the first phase, it has requested four companies to collaborate. SEBON Chairman Dr Karki informed of forwarding the process of the new establishment in the program. He clarified that the board which has been regulating nearly 415 capital market institutions took the decision to make the market more effective.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5811', 'image' => '20170609115827_sebon.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6025', 'article_category_id' => '1', 'title' => 'Nabil Bank and British Council Joins Hand', 'sub_title' => '', 'summary' => 'June 8: Nabil Bank and The British Council (TBC) have entered into an agreement to facilitate payment of fees by students for various tests including IELTS.', 'content' => '<p style="text-align: justify;">June 8: Nabil Bank and The British Council (TBC) have entered into an agreement to facilitate payment of fees by students for various tests including IELTS.</p> <p style="text-align: justify;">Issuing a press statement, the bank said that Sashin Joshi, CEO of Nabil Bank and Jovan llic, country director of TBC signed the agreement on June 6. With this partnership, students can now visit Nabil’s selected branches for payment of fees for tests conducted by TBC, reads the statement.</p> <p style="text-align: justify;">According to the statement, the bank will be offering the service from its branches in Butwal, Biratnagar, Chitwan, Bhairahawa, Nepalgunj, Birtamode, Pokhara. The service will be available in nine Kathmandu Valley branches including Teendhara, Lalitpur, Kaushaltar, Maharajgunj, New Road, Naya Baneshwor, Kantipath, Balaju, Chabahil as well. </p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5810', 'image' => '20170608014628_nabil.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6024', 'article_category_id' => '1', 'title' => 'SEBON Organizes March on Silver Jubilee', 'sub_title' => '', 'summary' => 'June 8: Securities Board of Nepal (SEBON) has organised a march on the occasion of its silver jubilee on June 7. The board in collaboration with its employees’ union organized the march from Bhadrakali, Shahidgate, Ratnapark, Bhrikutimandap at 7:30 am.', 'content' => '<p style="text-align: justify;">June 8: Securities Board of Nepal (SEBON) has organised a march on the occasion of its silver jubilee on June 7. The board in collaboration with its employees’ union organized the march from Bhadrakali, Shahidgate, Ratnapark, Bhrikutimandap at 7:30 am.</p> <p style="text-align: justify;">In the program, various informative play cards related with securities market were displayed. The program was participated by officials and employees of Nepal Stock Exchange, CDS and Clearing, ICRA Nepal and securities traders including stock broker, Merchant banker and investors, said the board.</p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5809', 'image' => '20170608013101_sebon.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6023', 'article_category_id' => '1', 'title' => 'Mahindra KUV 100 Exchange Fair', 'sub_title' => '', 'summary' => 'June 8: Agni Incorporated under Agni Group, the authorized distributor of Mahindra vehicle for Nepal has organized an exchange fair of Mahindra KUV 100. Issuing a press statement, the company informed of organizing the camp in official outlets of Kathmandu, Chitwan, Pokhara, Bhairawa and Butwal. The camp that started on Thurs', 'content' => '<p style="text-align: justify;">June 8: Agni Incorporated under Agni Group, the authorized distributor of Mahindra vehicle for Nepal has organized an exchange fair of Mahindra KUV 100. Issuing a press statement, the company informed of organizing the camp in official outlets of Kathmandu, Chitwan, Pokhara, Bhairawa and Butwal. The camp that started on Thursday will continue till Saturday. According to the company, any old vehicle can be exchanged with Mahindra KUV 100 in the best deal during the camping. Moreover, the customers will be provided various other offers throughout the event, said the company. </p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5808', 'image' => '20170608010203_mahindra.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6022', 'article_category_id' => '1', 'title' => 'BOD of Mahalaxmi Life Insurance Approves Logo', 'sub_title' => '', 'summary' => 'June 8: The board of directors (BOD) of Mahalaxmi Life Insurance has approved its logo. A BOD meeting of the company held on June 6 decided to approve and publicized the logo. The company, with Rs 2 billion paid-up capital and 55 promoters, is commencing its operation in near future. According to the company, it will operate as per federal s', 'content' => '<p style="text-align: justify;">June 8: The board of directors (BOD) of Mahalaxmi Life Insurance has approved its logo. A BOD meeting of the company held on June 6 decided to approve and publicized the logo. The company, with Rs 2 billion paid-up capital and 55 promoters, is commencing its operation in near future. According to the company, it will operate as per federal structure. </p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5807', 'image' => '20170608113321_mahalaxmi.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6021', 'article_category_id' => '1', 'title' => 'Asian Life Insurance Appoints NIBL Capital as Issue Manager', 'sub_title' => '', 'summary' => 'June 8: Asian Life Insurance has appointed NIBL Capital Markets as its Issue Manager. Rajesh Kumar Shrestha, CEO of Asian Life and Mekh Bahadur Thapa, General Manager of NIBL Capital signed an agreement paper regarding the matter amid a program on June 7. The issue manager will be managing 50 percent right shares approved by 8', 'content' => '<p style="text-align: justify;">June 8: Asian Life Insurance has appointed NIBL Capital Markets as its Issue Manager. Rajesh Kumar Shrestha, CEO of Asian Life and Mekh Bahadur Thapa, General Manager of NIBL Capital signed an agreement paper regarding the matter amid a program on June 7. The issue manager will be managing 50 percent right shares approved by 8<sup>th</sup> and 9<sup>th</sup> annual general meeting held on last April. The company is floating 4,027,966 units of right shares to its existing shareholders. After the issuance of the right shares, the paid-up capital of the company will reach Rs 1.20 billion. </p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5806', 'image' => '20170608111634_asian.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6020', 'article_category_id' => '1', 'title' => 'With Tech Neutrality, Ncell commits to make DIGITAL NEPAL a reality', 'sub_title' => '', 'summary' => 'June 8: Ncell has announced that the company is all set to deploy technology neutrality on 900 and 1800 MHz band to double its fast mobile internet footprint via 3G to 60% of population on June 7.', 'content' => '<p style="text-align:justify">June 8: Ncell has announced that the company is all set to deploy technology neutrality on 900 and 1800 MHz band to double its fast mobile internet footprint via 3G to 60% of population on June 7.</p> <p style="text-align:justify">Issuing a press statement, the GSM mobile service provider of the country said that with technology neutrality, it can enable more than 17 million Nepali in Nepal to enjoy fast mobile internet service. “Internet is a basic necessity in life, just like electricity and water. Ncell is truly delighted that the company has been given the opportunity to serve the people and deliver what they long-deserved,” said the company.</p> <p style="text-align:justify">According to Ncell, the extended coverage areas will include more than 1,000 rural and remote villages including Deuralikot of Bajhang, Shreenagar of Mugu, Jhong in Mustang, Malta of Lalitpur and Tingla of Solukhumbu. These villages will have access to fast mobile internet for the first time in their life, which will contribute to bridge the prevailing digital divide, bringing immense positive changes in the lives of the people, economy of those communities and social arena.</p> <p style="text-align:justify">“We are excited about all great impact that technology neutrality is set to bring to the people and the country, especially in term of access to internet, creation of new opportunities and GDP growth. According to a World Bank report, access to mobile broadband can give an immediate impetus to economic growth. Every 10 percentage point rise in broadband penetration raises economic growth by 1.38 percentage point,” said Simon Perkins, managing director of Ncell. “We have committed to resources, knowledge transfer and investment with up to Rs 30 billion in infrastructure and services accordingly to achieve this goal. Together, we shall collectively realize the national goal of building Digital Nepal,” Perkins stated.</p> <p style="text-align:justify">“As a part of this commitment to nation building, Ncell has introduced 4G in Kathmandu Valley on June 1, empowering customers in the Kathmandu Valley, Banepa and Dhulikhel with 4G services so that they are able to take benefits of the LTE technology. The company is also planning and testing 4G services in 40 other cities nationwide, embracing a target that 15% of population has access to 4G coverage within 2017,” reads the statement.</p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5805', 'image' => '20170608105319_ncell.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6016', 'article_category_id' => '1', 'title' => '2 Companies Bids on Karnali Broadband Expansion', 'sub_title' => '', 'summary' => 'June 7: Two internet service provider companies have shown interest on expanding broadband internet in Karnali region. Two companies including Mercantile Communication and WorldLink have submitted proposals on the tender bidding sought by Nepal Telecommunication Authority in a ', 'content' => '<p style="text-align:justify">June 7: Two internet service provider companies have shown interest on expanding broadband internet in Karnali region. Two companies including Mercantile Communication and WorldLink have submitted proposals on the tender bidding sought by Nepal Telecommunication Authority in a bid to expand broadband internet in eight various districts of Karnali.</p> <p style="text-align:justify">NEA called out the tender bidding on April 20 to prepare broadband network and provide access connectivity of internet in Karnali region. NEA had given deadline till June 4 for the companies to submit the proposals.</p> <p style="text-align:justify">For that matter, the telecommunication authority has divided Karnali, the eight districts region in two packages. It had called out the bidding proposals not exceeding Rs 370 million for the first package and Rs 460 million for the second package. As per NEA, it has included Humla, Jumla, Mugu and Dolpa in the first package and Kalikot, Rukum, Jajarkot and Rolpa in the second package.</p> <p style="text-align:justify">WorldLink, in its proposal, has bidden Rs 270 million for the first package and Rs 370 million for the second package. The internet service provider has also submitted a separate correspondence clarifying that it can provide 25 percent and 30 percent concession on the first and second package respectively. According to the concession proposal submitted to NEA, WorldLink is ready to develop the broadband network with Rs 202.5 million and Rs 238 million respectively for the packages.</p> <p style="text-align:justify">Similarly, Mercantile Communication has proposed Rs 220 million for the first package and Rs 280 million for the second package. Meanwhile, NEA is set to select the internet service provider that has strong is technically knowhow and seeks minimum funding.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-06-07', 'modified' => '2017-06-07', 'keywords' => '', 'description' => '', 'sortorder' => '5804', 'image' => '20170607121401_broadband.jpg', 'article_date' => '2017-06-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '6033', 'article_category_id' => '1', 'title' => 'Deluxe Buses in Pyuthan District', 'sub_title' => '', 'summary' => 'June 9: In view of the demand of the passengers, the Swargadwari Sarwajanik Yatayat Byabasai Samiti has introduced new deluxe buses in Pyuthan district.', 'content' => '<p style="text-align: justify;">June 9: In view of the demand of the passengers, the Swargadwari Sarwajanik Yatayat Byabasai Samiti has introduced new deluxe buses in Pyuthan district.</p> <p style="text-align: justify;">Swargadwari Samiti which has always been upgrading their services timely in line with the demand of the passengers is now providing the deluxe bus service for the first time in the district.</p> <p style="text-align: justify;">Five deluxe buses with an investment of Rs. 27.5 million have been brought into operation, informed Chandra Man Shrestha, General Secretary of the agency.</p> <p style="text-align: justify;">Further, he informed that each bus cost Rs. 5.5 million. Sunil Basnet, manager of the agency informed that the buses were introduced in view of the demand of the internal tourists in the district and those who come to visit Swargadwari temple, a popular pilgrimage site in the district. The Samiti had introduced the Hiace micro bus service last year.</p> <p style="text-align: justify;">Service fare has also increased by 25 percent with the introduction of the deluxe buses. It’s the first time that the Samiti introduced the deluxe bus service in the district in its 14 years of operation. </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5818', 'image' => '20170609050905_deluxe bus.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6032', 'article_category_id' => '1', 'title' => 'Tulsipur Chamber Election on 8th July', 'sub_title' => '', 'summary' => 'June 9: The Tulsipur Chamber of Commerce and Industry (TCCI), Dang has announced the date of election for electing a new leadership.', 'content' => '<p>June 9: The Tulsipur Chamber of Commerce and Industry (TCCI), Dang has announced the date of election for electing a new leadership.</p> <p>The decision to conduct election on 8th July was made in the meeting held on June 7. The Chamber also decided to discuss electing the new leaders in consensus. New leadership will be selected after the agreement of all as far as possible, and former presidents of the chamber have been given the responsibility for consensus, said Bimal Rijal, the current president of the Chamber.</p> <p>Similarly, it also decided in the meeting to start the construction of an international city hall under the initiative of Tulsipur Chamber very soon in coordination with the government.</p> <p>Further, the meeting also decided to give continuation to the 'Clean Tulsipur, Green Tulsipur' campaign, and to make public the income and expenditure of the mid-western festival within a week.</p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5817', 'image' => null, 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6031', 'article_category_id' => '1', 'title' => 'Import worth Rs 808 billion within 10 months: NRB Report', 'sub_title' => '', 'summary' => 'June 9: Goods worth Rs 808.68 billion have been imported till May 14, in the first ten months of the current Fiscal Year 2016/17.', 'content' => '<p style="text-align: justify;">June 9: Goods worth Rs 808.68 billion have been imported till May 14, in the first ten months of the current Fiscal Year 2016/17.</p> <p style="text-align: justify;">According to the Macro Economic Report unveiled by the Nepal Rastra bank (NRB) on June 8, the import which was decreased by 4.6 percent in the first 10 months of the previous FY has now increased by 34.9 in the same period.</p> <p style="text-align: justify;">However, the import in that period has been recorded amounting to Rs 61.2 billion. With this, the total trade deficit has reached Rs 747.65 billion.</p> <p style="text-align: justify;">The import of petroleum products, vehicles and its spare parts has increased the overall trade deficit. Though there is unexpected increase of import, the inflation is in control which until mid- May has increased by 3.4 percent only, as compared to the previous FY.</p> <p style="text-align: justify;">In the time period, the import from India increased by 43.7 percent, by 12.5 percent from China, and 26.9 percent from other countries. Economists are expressing their concern on the alarming growth of import and slow rate of export as compared to export.</p> <p style="text-align: justify;">Dr Shankar Prasad Nepal, Professor at Tribhuvan University stated that the trade deficit will increase more due to expediting import and slowing down export. He said, “It will further destabilize the economy.”</p> <p style="text-align: justify;">According to the report, the import of petroleum products, vehicles, spare parts of aircrafts and machinery, MS billets, among others, has increased in the time period. However, the import of chemical fertilizers, medicines, cold roll, sit-in coil, dry cell battery, and betel nuts has come down.</p> <p style="text-align: justify;">Likewise, during the review period of the current FY, the export has increased by 9.8 percent reaching to Rs 61.02 billion whereas it had decreased by 21.7 percent in the same time period of the previous FY. The report shows that export has increased by 15 percent to India, 5.6 percent to China and 3.1 percent to other countries. </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5816', 'image' => '20170609040734_nrb.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6030', 'article_category_id' => '1', 'title' => 'Mahindra’s Exchange Camp in Pokhara', 'sub_title' => '', 'summary' => 'June 9: Mahindra KUV100 exchange camp is being organized in Pokhara since Thursday. The camp will continue till Saturday. “On the first day of the camp, five vehicles were exchanged,” informed ', 'content' => '<p style="text-align: justify;">June 9: Mahindra KUV100 exchange camp is being organized in Pokhara since Thursday. The camp will continue till Saturday. “On the first day of the camp, five vehicles were exchanged,” informed Pushpa Raj Baral, Manager of Mahindra Department, Pokhara.</p> <p style="text-align: justify;">“Customers are showing keen interest in booking and exchange offers in the exchange camp,” said Baral adding “Special discounts as well as easy financing is also available.” </p> <p style="text-align: justify;">In the camp, test drive is also being conducted and special gifts are being distributed to the test drive participants, informed Bimal Bhandari, Junior officer. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5815', 'image' => '20170609030654_mahindra.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6029', 'article_category_id' => '1', 'title' => 'Citizens Bank Relocates Patandhoka Branch to Kupondol', 'sub_title' => '', 'summary' => 'June 9: Citizen Bank has relocated its Patandhoka branch to Kupondol. Issuing a press statement, the bank informed of transferring the branch to its own building at Kupondol. Ganesh Raj Pokharel, Deputy Chief Executive Officer of the bank inaugurated the branch amid a program on June 8. “The branch will provide overall banking services to the customers,” said Pokharel. ', 'content' => '<p>June 9: Citizen Bank has relocated its Patandhoka branch to Kupondol. Issuing a press statement, the bank informed of transferring the branch to its own building at Kupondol. Ganesh Raj Pokharel, Deputy Chief Executive Officer of the bank inaugurated the branch amid a program on June 8. “The branch will provide overall banking services to the customers,” said Pokharel. </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5814', 'image' => '20170609023529_citizens.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6028', 'article_category_id' => '1', 'title' => 'Remit Agreement between BOK and Cashway', 'sub_title' => '', 'summary' => 'June 9: Bank of Kathmandu (BOK) and Cashway Money Transfer has entered into an agreement regarding payment of remittance. Ritesh Lamichane, Head of Research Product Development and Marketing and Shailendra Upadhyay, CEO of Cashway Money Transfer signed the agreement amid a program on June 8. With the agreement, re', 'content' => '<p style="text-align: justify;">June 9: Bank of Kathmandu (BOK) and Cashway Money Transfer has entered into an agreement regarding payment of remittance. Ritesh Lamichane, Head of Research Product Development and Marketing and Shailendra Upadhyay, CEO of Cashway Money Transfer signed the agreement amid a program on June 8. With the agreement, remittance send through Cashway can be collected from all the branches of BOK.</p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5813', 'image' => '20170609022613_bok.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6027', 'article_category_id' => '1', 'title' => 'RBB’s ATM in Dhankuta', 'sub_title' => '', 'summary' => 'June 9: Rastriya Banijya Bank has started an ATM outlet in Dhankuta after 50 years of branch operation in the area. The Dhankuta branch which started operation in the year 1966 started the ATM service from June 7.', 'content' => '<p style="text-align: justify;">June 9: Rastriya Banijya Bank has started an ATM outlet in Dhankuta after 50 years of branch operation in the area. The Dhankuta branch which started operation in the year 1966 started the ATM service from June 7.</p> <p style="text-align: justify;">“Customers can easily withdraw their money after starting ATM service,” said Rajendra Poudel, Manager of the bank.</p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5812', 'image' => '20170609013112_rbb.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6026', 'article_category_id' => '1', 'title' => 'Debate on New Stock Exchange', 'sub_title' => '', 'summary' => 'June 9: An initiation taken by Securities Board of Nepal (SEBON) of establishing new stock exchange has been tagged as inappropriate decision taken hastily by Dr Chiranjibi Nepal, Governor of Nepal Rastra Bank (NRB) and Rajan Khanal, Revenue Secretary of Finance Ministry. If a new stock exchange is being established to impr', 'content' => '<p style="text-align: justify;">June 9: An initiation taken by Securities Board of Nepal (SEBON) of establishing new stock exchange has been tagged as inappropriate decision taken hastily by Dr Chiranjibi Nepal, Governor of Nepal Rastra Bank (NRB) and Rajan Khanal, Revenue Secretary of Finance Ministry. If a new stock exchange is being established to improve the state-owned Nepal Stock Exchange (NEPSE), then it should be privatized as well, they stressed. However, in a program organized in the valley to mark 25<sup>th</sup> anniversary of SEBON, Dr Rewat Bahadur Karki, Chairman of SEBON revoking their argument requested all stakeholders to take the step positively as the capital market is gradually expanding.</p> <p style="text-align: justify;">SEBON has been organizing blood donation program and awareness marches since three days on the occasion of its silver jubilee. In a special program organized to mark the day, speakers engaged in debate regarding the new stock exchange. In the program, chief guest of the program, newly appointed Finance Minister Gyanendra Bahadur Karki said that the capital market is the core of economic development. He stressed on participation from private sector for the development of the capital market in Nepal. Moreover, he praising the achievements made in capital market sector assured of providing government support in coming days.</p> <p style="text-align: justify;">Meanwhile, Governor Dr Nepal said that NRB will soon sell its shares in NEPSE worth millions to private sector. He argued that while in other countries stock exchanges are merging, Nepal should not add another stock exchange. However, he opined to privatize NEPSE so that to make the market competitive.</p> <p style="text-align: justify;">Revenue Secretary, Rajan Khanal supporting Dr Nepal’s opinion said that being a regulatory body of securities market, SEBON should act smart accordingly. He requested SEBON to stress on information technology and physical infrastructure for the sustainable development of capital market. According to him, the government is also ready to sell its stake in NEPSE.</p> <p style="text-align: justify;">SEBON has expedited the process of launching new stock exchange from private sector after it took decision of so two weeks ago. For that, in the first phase, it has requested four companies to collaborate. SEBON Chairman Dr Karki informed of forwarding the process of the new establishment in the program. He clarified that the board which has been regulating nearly 415 capital market institutions took the decision to make the market more effective.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5811', 'image' => '20170609115827_sebon.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6025', 'article_category_id' => '1', 'title' => 'Nabil Bank and British Council Joins Hand', 'sub_title' => '', 'summary' => 'June 8: Nabil Bank and The British Council (TBC) have entered into an agreement to facilitate payment of fees by students for various tests including IELTS.', 'content' => '<p style="text-align: justify;">June 8: Nabil Bank and The British Council (TBC) have entered into an agreement to facilitate payment of fees by students for various tests including IELTS.</p> <p style="text-align: justify;">Issuing a press statement, the bank said that Sashin Joshi, CEO of Nabil Bank and Jovan llic, country director of TBC signed the agreement on June 6. With this partnership, students can now visit Nabil’s selected branches for payment of fees for tests conducted by TBC, reads the statement.</p> <p style="text-align: justify;">According to the statement, the bank will be offering the service from its branches in Butwal, Biratnagar, Chitwan, Bhairahawa, Nepalgunj, Birtamode, Pokhara. The service will be available in nine Kathmandu Valley branches including Teendhara, Lalitpur, Kaushaltar, Maharajgunj, New Road, Naya Baneshwor, Kantipath, Balaju, Chabahil as well. </p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5810', 'image' => '20170608014628_nabil.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6024', 'article_category_id' => '1', 'title' => 'SEBON Organizes March on Silver Jubilee', 'sub_title' => '', 'summary' => 'June 8: Securities Board of Nepal (SEBON) has organised a march on the occasion of its silver jubilee on June 7. The board in collaboration with its employees’ union organized the march from Bhadrakali, Shahidgate, Ratnapark, Bhrikutimandap at 7:30 am.', 'content' => '<p style="text-align: justify;">June 8: Securities Board of Nepal (SEBON) has organised a march on the occasion of its silver jubilee on June 7. The board in collaboration with its employees’ union organized the march from Bhadrakali, Shahidgate, Ratnapark, Bhrikutimandap at 7:30 am.</p> <p style="text-align: justify;">In the program, various informative play cards related with securities market were displayed. The program was participated by officials and employees of Nepal Stock Exchange, CDS and Clearing, ICRA Nepal and securities traders including stock broker, Merchant banker and investors, said the board.</p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5809', 'image' => '20170608013101_sebon.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6023', 'article_category_id' => '1', 'title' => 'Mahindra KUV 100 Exchange Fair', 'sub_title' => '', 'summary' => 'June 8: Agni Incorporated under Agni Group, the authorized distributor of Mahindra vehicle for Nepal has organized an exchange fair of Mahindra KUV 100. Issuing a press statement, the company informed of organizing the camp in official outlets of Kathmandu, Chitwan, Pokhara, Bhairawa and Butwal. The camp that started on Thurs', 'content' => '<p style="text-align: justify;">June 8: Agni Incorporated under Agni Group, the authorized distributor of Mahindra vehicle for Nepal has organized an exchange fair of Mahindra KUV 100. Issuing a press statement, the company informed of organizing the camp in official outlets of Kathmandu, Chitwan, Pokhara, Bhairawa and Butwal. The camp that started on Thursday will continue till Saturday. According to the company, any old vehicle can be exchanged with Mahindra KUV 100 in the best deal during the camping. Moreover, the customers will be provided various other offers throughout the event, said the company. </p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5808', 'image' => '20170608010203_mahindra.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6022', 'article_category_id' => '1', 'title' => 'BOD of Mahalaxmi Life Insurance Approves Logo', 'sub_title' => '', 'summary' => 'June 8: The board of directors (BOD) of Mahalaxmi Life Insurance has approved its logo. A BOD meeting of the company held on June 6 decided to approve and publicized the logo. The company, with Rs 2 billion paid-up capital and 55 promoters, is commencing its operation in near future. According to the company, it will operate as per federal s', 'content' => '<p style="text-align: justify;">June 8: The board of directors (BOD) of Mahalaxmi Life Insurance has approved its logo. A BOD meeting of the company held on June 6 decided to approve and publicized the logo. The company, with Rs 2 billion paid-up capital and 55 promoters, is commencing its operation in near future. According to the company, it will operate as per federal structure. </p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5807', 'image' => '20170608113321_mahalaxmi.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6021', 'article_category_id' => '1', 'title' => 'Asian Life Insurance Appoints NIBL Capital as Issue Manager', 'sub_title' => '', 'summary' => 'June 8: Asian Life Insurance has appointed NIBL Capital Markets as its Issue Manager. Rajesh Kumar Shrestha, CEO of Asian Life and Mekh Bahadur Thapa, General Manager of NIBL Capital signed an agreement paper regarding the matter amid a program on June 7. The issue manager will be managing 50 percent right shares approved by 8', 'content' => '<p style="text-align: justify;">June 8: Asian Life Insurance has appointed NIBL Capital Markets as its Issue Manager. Rajesh Kumar Shrestha, CEO of Asian Life and Mekh Bahadur Thapa, General Manager of NIBL Capital signed an agreement paper regarding the matter amid a program on June 7. The issue manager will be managing 50 percent right shares approved by 8<sup>th</sup> and 9<sup>th</sup> annual general meeting held on last April. The company is floating 4,027,966 units of right shares to its existing shareholders. After the issuance of the right shares, the paid-up capital of the company will reach Rs 1.20 billion. </p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5806', 'image' => '20170608111634_asian.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6020', 'article_category_id' => '1', 'title' => 'With Tech Neutrality, Ncell commits to make DIGITAL NEPAL a reality', 'sub_title' => '', 'summary' => 'June 8: Ncell has announced that the company is all set to deploy technology neutrality on 900 and 1800 MHz band to double its fast mobile internet footprint via 3G to 60% of population on June 7.', 'content' => '<p style="text-align:justify">June 8: Ncell has announced that the company is all set to deploy technology neutrality on 900 and 1800 MHz band to double its fast mobile internet footprint via 3G to 60% of population on June 7.</p> <p style="text-align:justify">Issuing a press statement, the GSM mobile service provider of the country said that with technology neutrality, it can enable more than 17 million Nepali in Nepal to enjoy fast mobile internet service. “Internet is a basic necessity in life, just like electricity and water. Ncell is truly delighted that the company has been given the opportunity to serve the people and deliver what they long-deserved,” said the company.</p> <p style="text-align:justify">According to Ncell, the extended coverage areas will include more than 1,000 rural and remote villages including Deuralikot of Bajhang, Shreenagar of Mugu, Jhong in Mustang, Malta of Lalitpur and Tingla of Solukhumbu. These villages will have access to fast mobile internet for the first time in their life, which will contribute to bridge the prevailing digital divide, bringing immense positive changes in the lives of the people, economy of those communities and social arena.</p> <p style="text-align:justify">“We are excited about all great impact that technology neutrality is set to bring to the people and the country, especially in term of access to internet, creation of new opportunities and GDP growth. According to a World Bank report, access to mobile broadband can give an immediate impetus to economic growth. Every 10 percentage point rise in broadband penetration raises economic growth by 1.38 percentage point,” said Simon Perkins, managing director of Ncell. “We have committed to resources, knowledge transfer and investment with up to Rs 30 billion in infrastructure and services accordingly to achieve this goal. Together, we shall collectively realize the national goal of building Digital Nepal,” Perkins stated.</p> <p style="text-align:justify">“As a part of this commitment to nation building, Ncell has introduced 4G in Kathmandu Valley on June 1, empowering customers in the Kathmandu Valley, Banepa and Dhulikhel with 4G services so that they are able to take benefits of the LTE technology. The company is also planning and testing 4G services in 40 other cities nationwide, embracing a target that 15% of population has access to 4G coverage within 2017,” reads the statement.</p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5805', 'image' => '20170608105319_ncell.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6016', 'article_category_id' => '1', 'title' => '2 Companies Bids on Karnali Broadband Expansion', 'sub_title' => '', 'summary' => 'June 7: Two internet service provider companies have shown interest on expanding broadband internet in Karnali region. Two companies including Mercantile Communication and WorldLink have submitted proposals on the tender bidding sought by Nepal Telecommunication Authority in a ', 'content' => '<p style="text-align:justify">June 7: Two internet service provider companies have shown interest on expanding broadband internet in Karnali region. Two companies including Mercantile Communication and WorldLink have submitted proposals on the tender bidding sought by Nepal Telecommunication Authority in a bid to expand broadband internet in eight various districts of Karnali.</p> <p style="text-align:justify">NEA called out the tender bidding on April 20 to prepare broadband network and provide access connectivity of internet in Karnali region. NEA had given deadline till June 4 for the companies to submit the proposals.</p> <p style="text-align:justify">For that matter, the telecommunication authority has divided Karnali, the eight districts region in two packages. It had called out the bidding proposals not exceeding Rs 370 million for the first package and Rs 460 million for the second package. As per NEA, it has included Humla, Jumla, Mugu and Dolpa in the first package and Kalikot, Rukum, Jajarkot and Rolpa in the second package.</p> <p style="text-align:justify">WorldLink, in its proposal, has bidden Rs 270 million for the first package and Rs 370 million for the second package. The internet service provider has also submitted a separate correspondence clarifying that it can provide 25 percent and 30 percent concession on the first and second package respectively. According to the concession proposal submitted to NEA, WorldLink is ready to develop the broadband network with Rs 202.5 million and Rs 238 million respectively for the packages.</p> <p style="text-align:justify">Similarly, Mercantile Communication has proposed Rs 220 million for the first package and Rs 280 million for the second package. Meanwhile, NEA is set to select the internet service provider that has strong is technically knowhow and seeks minimum funding.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-06-07', 'modified' => '2017-06-07', 'keywords' => '', 'description' => '', 'sortorder' => '5804', 'image' => '20170607121401_broadband.jpg', 'article_date' => '2017-06-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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 "" [APP/View/Elements/side_bar.ctp, line 133]file not found!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( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '6033', 'article_category_id' => '1', 'title' => 'Deluxe Buses in Pyuthan District', 'sub_title' => '', 'summary' => 'June 9: In view of the demand of the passengers, the Swargadwari Sarwajanik Yatayat Byabasai Samiti has introduced new deluxe buses in Pyuthan district.', 'content' => '<p style="text-align: justify;">June 9: In view of the demand of the passengers, the Swargadwari Sarwajanik Yatayat Byabasai Samiti has introduced new deluxe buses in Pyuthan district.</p> <p style="text-align: justify;">Swargadwari Samiti which has always been upgrading their services timely in line with the demand of the passengers is now providing the deluxe bus service for the first time in the district.</p> <p style="text-align: justify;">Five deluxe buses with an investment of Rs. 27.5 million have been brought into operation, informed Chandra Man Shrestha, General Secretary of the agency.</p> <p style="text-align: justify;">Further, he informed that each bus cost Rs. 5.5 million. Sunil Basnet, manager of the agency informed that the buses were introduced in view of the demand of the internal tourists in the district and those who come to visit Swargadwari temple, a popular pilgrimage site in the district. The Samiti had introduced the Hiace micro bus service last year.</p> <p style="text-align: justify;">Service fare has also increased by 25 percent with the introduction of the deluxe buses. It’s the first time that the Samiti introduced the deluxe bus service in the district in its 14 years of operation. </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5818', 'image' => '20170609050905_deluxe bus.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '6032', 'article_category_id' => '1', 'title' => 'Tulsipur Chamber Election on 8th July', 'sub_title' => '', 'summary' => 'June 9: The Tulsipur Chamber of Commerce and Industry (TCCI), Dang has announced the date of election for electing a new leadership.', 'content' => '<p>June 9: The Tulsipur Chamber of Commerce and Industry (TCCI), Dang has announced the date of election for electing a new leadership.</p> <p>The decision to conduct election on 8th July was made in the meeting held on June 7. The Chamber also decided to discuss electing the new leaders in consensus. New leadership will be selected after the agreement of all as far as possible, and former presidents of the chamber have been given the responsibility for consensus, said Bimal Rijal, the current president of the Chamber.</p> <p>Similarly, it also decided in the meeting to start the construction of an international city hall under the initiative of Tulsipur Chamber very soon in coordination with the government.</p> <p>Further, the meeting also decided to give continuation to the 'Clean Tulsipur, Green Tulsipur' campaign, and to make public the income and expenditure of the mid-western festival within a week.</p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5817', 'image' => null, 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '6031', 'article_category_id' => '1', 'title' => 'Import worth Rs 808 billion within 10 months: NRB Report', 'sub_title' => '', 'summary' => 'June 9: Goods worth Rs 808.68 billion have been imported till May 14, in the first ten months of the current Fiscal Year 2016/17.', 'content' => '<p style="text-align: justify;">June 9: Goods worth Rs 808.68 billion have been imported till May 14, in the first ten months of the current Fiscal Year 2016/17.</p> <p style="text-align: justify;">According to the Macro Economic Report unveiled by the Nepal Rastra bank (NRB) on June 8, the import which was decreased by 4.6 percent in the first 10 months of the previous FY has now increased by 34.9 in the same period.</p> <p style="text-align: justify;">However, the import in that period has been recorded amounting to Rs 61.2 billion. With this, the total trade deficit has reached Rs 747.65 billion.</p> <p style="text-align: justify;">The import of petroleum products, vehicles and its spare parts has increased the overall trade deficit. Though there is unexpected increase of import, the inflation is in control which until mid- May has increased by 3.4 percent only, as compared to the previous FY.</p> <p style="text-align: justify;">In the time period, the import from India increased by 43.7 percent, by 12.5 percent from China, and 26.9 percent from other countries. Economists are expressing their concern on the alarming growth of import and slow rate of export as compared to export.</p> <p style="text-align: justify;">Dr Shankar Prasad Nepal, Professor at Tribhuvan University stated that the trade deficit will increase more due to expediting import and slowing down export. He said, “It will further destabilize the economy.”</p> <p style="text-align: justify;">According to the report, the import of petroleum products, vehicles, spare parts of aircrafts and machinery, MS billets, among others, has increased in the time period. However, the import of chemical fertilizers, medicines, cold roll, sit-in coil, dry cell battery, and betel nuts has come down.</p> <p style="text-align: justify;">Likewise, during the review period of the current FY, the export has increased by 9.8 percent reaching to Rs 61.02 billion whereas it had decreased by 21.7 percent in the same time period of the previous FY. The report shows that export has increased by 15 percent to India, 5.6 percent to China and 3.1 percent to other countries. </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5816', 'image' => '20170609040734_nrb.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '6030', 'article_category_id' => '1', 'title' => 'Mahindra’s Exchange Camp in Pokhara', 'sub_title' => '', 'summary' => 'June 9: Mahindra KUV100 exchange camp is being organized in Pokhara since Thursday. The camp will continue till Saturday. “On the first day of the camp, five vehicles were exchanged,” informed ', 'content' => '<p style="text-align: justify;">June 9: Mahindra KUV100 exchange camp is being organized in Pokhara since Thursday. The camp will continue till Saturday. “On the first day of the camp, five vehicles were exchanged,” informed Pushpa Raj Baral, Manager of Mahindra Department, Pokhara.</p> <p style="text-align: justify;">“Customers are showing keen interest in booking and exchange offers in the exchange camp,” said Baral adding “Special discounts as well as easy financing is also available.” </p> <p style="text-align: justify;">In the camp, test drive is also being conducted and special gifts are being distributed to the test drive participants, informed Bimal Bhandari, Junior officer. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5815', 'image' => '20170609030654_mahindra.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '6029', 'article_category_id' => '1', 'title' => 'Citizens Bank Relocates Patandhoka Branch to Kupondol', 'sub_title' => '', 'summary' => 'June 9: Citizen Bank has relocated its Patandhoka branch to Kupondol. Issuing a press statement, the bank informed of transferring the branch to its own building at Kupondol. Ganesh Raj Pokharel, Deputy Chief Executive Officer of the bank inaugurated the branch amid a program on June 8. “The branch will provide overall banking services to the customers,” said Pokharel. ', 'content' => '<p>June 9: Citizen Bank has relocated its Patandhoka branch to Kupondol. Issuing a press statement, the bank informed of transferring the branch to its own building at Kupondol. Ganesh Raj Pokharel, Deputy Chief Executive Officer of the bank inaugurated the branch amid a program on June 8. “The branch will provide overall banking services to the customers,” said Pokharel. </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5814', 'image' => '20170609023529_citizens.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '6028', 'article_category_id' => '1', 'title' => 'Remit Agreement between BOK and Cashway', 'sub_title' => '', 'summary' => 'June 9: Bank of Kathmandu (BOK) and Cashway Money Transfer has entered into an agreement regarding payment of remittance. Ritesh Lamichane, Head of Research Product Development and Marketing and Shailendra Upadhyay, CEO of Cashway Money Transfer signed the agreement amid a program on June 8. With the agreement, re', 'content' => '<p style="text-align: justify;">June 9: Bank of Kathmandu (BOK) and Cashway Money Transfer has entered into an agreement regarding payment of remittance. Ritesh Lamichane, Head of Research Product Development and Marketing and Shailendra Upadhyay, CEO of Cashway Money Transfer signed the agreement amid a program on June 8. With the agreement, remittance send through Cashway can be collected from all the branches of BOK.</p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5813', 'image' => '20170609022613_bok.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '6027', 'article_category_id' => '1', 'title' => 'RBB’s ATM in Dhankuta', 'sub_title' => '', 'summary' => 'June 9: Rastriya Banijya Bank has started an ATM outlet in Dhankuta after 50 years of branch operation in the area. The Dhankuta branch which started operation in the year 1966 started the ATM service from June 7.', 'content' => '<p style="text-align: justify;">June 9: Rastriya Banijya Bank has started an ATM outlet in Dhankuta after 50 years of branch operation in the area. The Dhankuta branch which started operation in the year 1966 started the ATM service from June 7.</p> <p style="text-align: justify;">“Customers can easily withdraw their money after starting ATM service,” said Rajendra Poudel, Manager of the bank.</p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5812', 'image' => '20170609013112_rbb.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '6026', 'article_category_id' => '1', 'title' => 'Debate on New Stock Exchange', 'sub_title' => '', 'summary' => 'June 9: An initiation taken by Securities Board of Nepal (SEBON) of establishing new stock exchange has been tagged as inappropriate decision taken hastily by Dr Chiranjibi Nepal, Governor of Nepal Rastra Bank (NRB) and Rajan Khanal, Revenue Secretary of Finance Ministry. If a new stock exchange is being established to impr', 'content' => '<p style="text-align: justify;">June 9: An initiation taken by Securities Board of Nepal (SEBON) of establishing new stock exchange has been tagged as inappropriate decision taken hastily by Dr Chiranjibi Nepal, Governor of Nepal Rastra Bank (NRB) and Rajan Khanal, Revenue Secretary of Finance Ministry. If a new stock exchange is being established to improve the state-owned Nepal Stock Exchange (NEPSE), then it should be privatized as well, they stressed. However, in a program organized in the valley to mark 25<sup>th</sup> anniversary of SEBON, Dr Rewat Bahadur Karki, Chairman of SEBON revoking their argument requested all stakeholders to take the step positively as the capital market is gradually expanding.</p> <p style="text-align: justify;">SEBON has been organizing blood donation program and awareness marches since three days on the occasion of its silver jubilee. In a special program organized to mark the day, speakers engaged in debate regarding the new stock exchange. In the program, chief guest of the program, newly appointed Finance Minister Gyanendra Bahadur Karki said that the capital market is the core of economic development. He stressed on participation from private sector for the development of the capital market in Nepal. Moreover, he praising the achievements made in capital market sector assured of providing government support in coming days.</p> <p style="text-align: justify;">Meanwhile, Governor Dr Nepal said that NRB will soon sell its shares in NEPSE worth millions to private sector. He argued that while in other countries stock exchanges are merging, Nepal should not add another stock exchange. However, he opined to privatize NEPSE so that to make the market competitive.</p> <p style="text-align: justify;">Revenue Secretary, Rajan Khanal supporting Dr Nepal’s opinion said that being a regulatory body of securities market, SEBON should act smart accordingly. He requested SEBON to stress on information technology and physical infrastructure for the sustainable development of capital market. According to him, the government is also ready to sell its stake in NEPSE.</p> <p style="text-align: justify;">SEBON has expedited the process of launching new stock exchange from private sector after it took decision of so two weeks ago. For that, in the first phase, it has requested four companies to collaborate. SEBON Chairman Dr Karki informed of forwarding the process of the new establishment in the program. He clarified that the board which has been regulating nearly 415 capital market institutions took the decision to make the market more effective.</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2017-06-09', 'modified' => '2017-06-09', 'keywords' => '', 'description' => '', 'sortorder' => '5811', 'image' => '20170609115827_sebon.jpg', 'article_date' => '2017-06-09 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '6025', 'article_category_id' => '1', 'title' => 'Nabil Bank and British Council Joins Hand', 'sub_title' => '', 'summary' => 'June 8: Nabil Bank and The British Council (TBC) have entered into an agreement to facilitate payment of fees by students for various tests including IELTS.', 'content' => '<p style="text-align: justify;">June 8: Nabil Bank and The British Council (TBC) have entered into an agreement to facilitate payment of fees by students for various tests including IELTS.</p> <p style="text-align: justify;">Issuing a press statement, the bank said that Sashin Joshi, CEO of Nabil Bank and Jovan llic, country director of TBC signed the agreement on June 6. With this partnership, students can now visit Nabil’s selected branches for payment of fees for tests conducted by TBC, reads the statement.</p> <p style="text-align: justify;">According to the statement, the bank will be offering the service from its branches in Butwal, Biratnagar, Chitwan, Bhairahawa, Nepalgunj, Birtamode, Pokhara. The service will be available in nine Kathmandu Valley branches including Teendhara, Lalitpur, Kaushaltar, Maharajgunj, New Road, Naya Baneshwor, Kantipath, Balaju, Chabahil as well. </p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5810', 'image' => '20170608014628_nabil.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '6024', 'article_category_id' => '1', 'title' => 'SEBON Organizes March on Silver Jubilee', 'sub_title' => '', 'summary' => 'June 8: Securities Board of Nepal (SEBON) has organised a march on the occasion of its silver jubilee on June 7. The board in collaboration with its employees’ union organized the march from Bhadrakali, Shahidgate, Ratnapark, Bhrikutimandap at 7:30 am.', 'content' => '<p style="text-align: justify;">June 8: Securities Board of Nepal (SEBON) has organised a march on the occasion of its silver jubilee on June 7. The board in collaboration with its employees’ union organized the march from Bhadrakali, Shahidgate, Ratnapark, Bhrikutimandap at 7:30 am.</p> <p style="text-align: justify;">In the program, various informative play cards related with securities market were displayed. The program was participated by officials and employees of Nepal Stock Exchange, CDS and Clearing, ICRA Nepal and securities traders including stock broker, Merchant banker and investors, said the board.</p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5809', 'image' => '20170608013101_sebon.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '6023', 'article_category_id' => '1', 'title' => 'Mahindra KUV 100 Exchange Fair', 'sub_title' => '', 'summary' => 'June 8: Agni Incorporated under Agni Group, the authorized distributor of Mahindra vehicle for Nepal has organized an exchange fair of Mahindra KUV 100. Issuing a press statement, the company informed of organizing the camp in official outlets of Kathmandu, Chitwan, Pokhara, Bhairawa and Butwal. The camp that started on Thurs', 'content' => '<p style="text-align: justify;">June 8: Agni Incorporated under Agni Group, the authorized distributor of Mahindra vehicle for Nepal has organized an exchange fair of Mahindra KUV 100. Issuing a press statement, the company informed of organizing the camp in official outlets of Kathmandu, Chitwan, Pokhara, Bhairawa and Butwal. The camp that started on Thursday will continue till Saturday. According to the company, any old vehicle can be exchanged with Mahindra KUV 100 in the best deal during the camping. Moreover, the customers will be provided various other offers throughout the event, said the company. </p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5808', 'image' => '20170608010203_mahindra.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '6022', 'article_category_id' => '1', 'title' => 'BOD of Mahalaxmi Life Insurance Approves Logo', 'sub_title' => '', 'summary' => 'June 8: The board of directors (BOD) of Mahalaxmi Life Insurance has approved its logo. A BOD meeting of the company held on June 6 decided to approve and publicized the logo. The company, with Rs 2 billion paid-up capital and 55 promoters, is commencing its operation in near future. According to the company, it will operate as per federal s', 'content' => '<p style="text-align: justify;">June 8: The board of directors (BOD) of Mahalaxmi Life Insurance has approved its logo. A BOD meeting of the company held on June 6 decided to approve and publicized the logo. The company, with Rs 2 billion paid-up capital and 55 promoters, is commencing its operation in near future. According to the company, it will operate as per federal structure. </p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5807', 'image' => '20170608113321_mahalaxmi.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '6021', 'article_category_id' => '1', 'title' => 'Asian Life Insurance Appoints NIBL Capital as Issue Manager', 'sub_title' => '', 'summary' => 'June 8: Asian Life Insurance has appointed NIBL Capital Markets as its Issue Manager. Rajesh Kumar Shrestha, CEO of Asian Life and Mekh Bahadur Thapa, General Manager of NIBL Capital signed an agreement paper regarding the matter amid a program on June 7. The issue manager will be managing 50 percent right shares approved by 8', 'content' => '<p style="text-align: justify;">June 8: Asian Life Insurance has appointed NIBL Capital Markets as its Issue Manager. Rajesh Kumar Shrestha, CEO of Asian Life and Mekh Bahadur Thapa, General Manager of NIBL Capital signed an agreement paper regarding the matter amid a program on June 7. The issue manager will be managing 50 percent right shares approved by 8<sup>th</sup> and 9<sup>th</sup> annual general meeting held on last April. The company is floating 4,027,966 units of right shares to its existing shareholders. After the issuance of the right shares, the paid-up capital of the company will reach Rs 1.20 billion. </p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5806', 'image' => '20170608111634_asian.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '6020', 'article_category_id' => '1', 'title' => 'With Tech Neutrality, Ncell commits to make DIGITAL NEPAL a reality', 'sub_title' => '', 'summary' => 'June 8: Ncell has announced that the company is all set to deploy technology neutrality on 900 and 1800 MHz band to double its fast mobile internet footprint via 3G to 60% of population on June 7.', 'content' => '<p style="text-align:justify">June 8: Ncell has announced that the company is all set to deploy technology neutrality on 900 and 1800 MHz band to double its fast mobile internet footprint via 3G to 60% of population on June 7.</p> <p style="text-align:justify">Issuing a press statement, the GSM mobile service provider of the country said that with technology neutrality, it can enable more than 17 million Nepali in Nepal to enjoy fast mobile internet service. “Internet is a basic necessity in life, just like electricity and water. Ncell is truly delighted that the company has been given the opportunity to serve the people and deliver what they long-deserved,” said the company.</p> <p style="text-align:justify">According to Ncell, the extended coverage areas will include more than 1,000 rural and remote villages including Deuralikot of Bajhang, Shreenagar of Mugu, Jhong in Mustang, Malta of Lalitpur and Tingla of Solukhumbu. These villages will have access to fast mobile internet for the first time in their life, which will contribute to bridge the prevailing digital divide, bringing immense positive changes in the lives of the people, economy of those communities and social arena.</p> <p style="text-align:justify">“We are excited about all great impact that technology neutrality is set to bring to the people and the country, especially in term of access to internet, creation of new opportunities and GDP growth. According to a World Bank report, access to mobile broadband can give an immediate impetus to economic growth. Every 10 percentage point rise in broadband penetration raises economic growth by 1.38 percentage point,” said Simon Perkins, managing director of Ncell. “We have committed to resources, knowledge transfer and investment with up to Rs 30 billion in infrastructure and services accordingly to achieve this goal. Together, we shall collectively realize the national goal of building Digital Nepal,” Perkins stated.</p> <p style="text-align:justify">“As a part of this commitment to nation building, Ncell has introduced 4G in Kathmandu Valley on June 1, empowering customers in the Kathmandu Valley, Banepa and Dhulikhel with 4G services so that they are able to take benefits of the LTE technology. The company is also planning and testing 4G services in 40 other cities nationwide, embracing a target that 15% of population has access to 4G coverage within 2017,” reads the statement.</p> ', 'published' => true, 'created' => '2017-06-08', 'modified' => '2017-06-08', 'keywords' => '', 'description' => '', 'sortorder' => '5805', 'image' => '20170608105319_ncell.jpg', 'article_date' => '2017-06-08 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '6016', 'article_category_id' => '1', 'title' => '2 Companies Bids on Karnali Broadband Expansion', 'sub_title' => '', 'summary' => 'June 7: Two internet service provider companies have shown interest on expanding broadband internet in Karnali region. Two companies including Mercantile Communication and WorldLink have submitted proposals on the tender bidding sought by Nepal Telecommunication Authority in a ', 'content' => '<p style="text-align:justify">June 7: Two internet service provider companies have shown interest on expanding broadband internet in Karnali region. Two companies including Mercantile Communication and WorldLink have submitted proposals on the tender bidding sought by Nepal Telecommunication Authority in a bid to expand broadband internet in eight various districts of Karnali.</p> <p style="text-align:justify">NEA called out the tender bidding on April 20 to prepare broadband network and provide access connectivity of internet in Karnali region. NEA had given deadline till June 4 for the companies to submit the proposals.</p> <p style="text-align:justify">For that matter, the telecommunication authority has divided Karnali, the eight districts region in two packages. It had called out the bidding proposals not exceeding Rs 370 million for the first package and Rs 460 million for the second package. As per NEA, it has included Humla, Jumla, Mugu and Dolpa in the first package and Kalikot, Rukum, Jajarkot and Rolpa in the second package.</p> <p style="text-align:justify">WorldLink, in its proposal, has bidden Rs 270 million for the first package and Rs 370 million for the second package. The internet service provider has also submitted a separate correspondence clarifying that it can provide 25 percent and 30 percent concession on the first and second package respectively. According to the concession proposal submitted to NEA, WorldLink is ready to develop the broadband network with Rs 202.5 million and Rs 238 million respectively for the packages.</p> <p style="text-align:justify">Similarly, Mercantile Communication has proposed Rs 220 million for the first package and Rs 280 million for the second package. Meanwhile, NEA is set to select the internet service provider that has strong is technically knowhow and seeks minimum funding.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2017-06-07', 'modified' => '2017-06-07', 'keywords' => '', 'description' => '', 'sortorder' => '5804', 'image' => '20170607121401_broadband.jpg', 'article_date' => '2017-06-07 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Currency | Unit |
Buy | Sell |
U.S. Dollar | 1 | 121.23 | 121.83 |
European Euro | 1 | 131.65 | 132.31 |
UK Pound Sterling | 1 | 142.47 | 143.18 |
Swiss Franc | 1 | 124.29 | 124.90 |
Australian Dollar | 1 | 71.69 | 72.05 |
Canadian Dollar | 1 | 83.90 | 84.32 |
Japanese Yen | 10 | 10.94 | 11.00 |
Chinese Yuan | 1 | 17.17 | 17.26 |
Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
UAE Dirham | 1 | 33.01 | 33.17 |
Malaysian Ringgit | 1 | 27.36 | 27.50 |
South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
Fine Gold | 1 tola | 77000.00 |
Tejabi Gold | 1 tola | 76700.00 |
Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
Petrol | 1 Liter | 106.00 |
Diesel | 1 Liter | 95.00 |
Kerosene | 1 Liter | 95.00 |
LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25