Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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			'id' => '5958',
			'article_category_id' => '1',
			'title' => 'Sagarmatha Finance’s Branch at Illam',
			'sub_title' => '',
			'summary' => 'May 29: Sagarmatha Finance has started a branch at Illam Bazaar, Illam. Dr Nabil Kishor Rai and Sharan Dev Rai, Promoters duo of the company jointly inaugurated the branch amid a program on May 28.This is the 13th branch of the company.',
			'content' => '<p style="text-align: justify;">May 29: Sagarmatha Finance has started a branch at Illam Bazaar, Illam. Dr Nabil Kishor Rai and Sharan Dev Rai, Promoters duo of the company jointly inaugurated the branch amid a program on May 28.This is the 13<sup>th</sup> branch of the company.</p>

<p style="text-align: justify;">The Finance Company, headquartered at Manbhawan, Lalitpur, has extended its branch to Ga:bahal of Lalitpur and Birtamod and Damak of Jhapa. Similarly, it also has branch in Itahari and Dharan of Sunsari, Biratnagar of Morang, Salleri of Solukhumbu and Okhaldhunga Bazaar of Okhaldhunga. Likewise, the finance company has branches in Diktel of Khotang, Bhojpur Bazaar of Bhojpur, Fungling of Taplejung and Phidim of Panchthar.&nbsp;</p>
',
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			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5743',
			'image' => '20170529122335_sagarmatha.jpg',
			'article_date' => '2017-05-29 00:00:00',
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			'id' => '5957',
			'article_category_id' => '1',
			'title' => 'Siddhartha Bank Starts Branch at Palpa',
			'sub_title' => '',
			'summary' => 'May 29: Siddhartha Bank has started a branch at Tansen, Palpa. Mahesh Prasad Pokharel and Bhagat Bista, Directors of the bank jointly inaugurated the branch amid a program on May 28. According to the bank, the branch will provide overall banking services. Presently, the bank is providing its services through 70 branches, two extension c',
			'content' => '<p style="text-align:justify">May 29: Siddhartha Bank has started a branch at Tansen, Palpa. Mahesh Prasad Pokharel and Bhagat Bista, Directors of the bank jointly inaugurated the branch amid a program on May 28. According to the bank, the branch will provide overall banking services. Presently, the bank is providing its services through 70 branches, two extension counters, 88 ATMs and 70 branchless banking units.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5742',
			'image' => '20170529121437_siddhartha.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5956',
			'article_category_id' => '1',
			'title' => 'Janata Bank to acquire Siddhartha Devt Bank',
			'sub_title' => '',
			'summary' => 'May 29: Janata Bank is set to acquire Siddhartha Development Bank.   A special general meeting of Janata Bank held on May 27 approved a proposal regarding the acquisition. The meeting which was held under the chairmanship of Keshav',
			'content' => '<p style="text-align:justify">May 29: Janata Bank is set to acquire Siddhartha Development Bank.&nbsp;&nbsp; A special general meeting of Janata Bank held on May 27 approved a proposal regarding the acquisition. The meeting which was held under the chairmanship of Keshav Bahadur Raymajhi, Chairman of the bank approved the swap ratio of 1:1.</p>

<p style="text-align:justify">After the acquisition, the paid-up capital of the bank will reach Rs 7 billion. Issuing a press statement, the bank informed of issuing bonus share by the end of current FY in a bid to meet the cap of minimum paid-up capital of Rs 8 billion.</p>

<p style="text-align:justify">According to the bank, it will have deposit collection of Rs 51 billion and loan extension of Rs 48 billion after the acquisition. Similarly, number of branches and ATM outlets will increase to 112 and 60 respectively.</p>
',
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			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5741',
			'image' => '20170529121130_janata.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '5955',
			'article_category_id' => '1',
			'title' => 'Sunrise Bank Starts Branch at Kalikasthan',
			'sub_title' => '',
			'summary' => 'May 22: Sunrise Bank has started a branch in its own building at Kalikasthan, Kathmandu. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the branch amid a program on May 28.',
			'content' => '<p style="text-align: justify;">May 22: Sunrise Bank has started a branch in its own building at Kalikasthan, Kathmandu. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the branch amid a program on May 28.</p>

<p style="text-align: justify;">The bank transformed the head office of earlier Narayani National Finance to a branch.&nbsp; According to the bank,&nbsp; the branch also provides locker services to the customers. Presently, the bank is providing its services through 70 branches and 80 ATM outlets.</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5740',
			'image' => '20170529115450_sunrise.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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		'Article' => array(
			'id' => '5954',
			'article_category_id' => '1',
			'title' => 'IPO to Individual Investors Only',
			'sub_title' => '',
			'summary' => 'May 29: As per the new mechanism introduced by Securities Board of Nepal (SEBON) under Securities Issue and Allotment Guideline, 2074, now onwards only individual investors are eligible to apply for initial public offering (IPO). SEBON, terminating earlier mechanism under which institutions and companies could also apply for the IPO, has decided to prioritize individual investors in IPOs.',
			'content' => '<p style="text-align: justify;">May 29: As per the new mechanism introduced by Securities Board of Nepal (SEBON) under Securities Issue and Allotment Guideline, 2074, now onwards only individual investors are eligible to apply for initial public offering (IPO). SEBON, terminating earlier mechanism under which institutions and companies could also apply for the IPO, has decided to prioritize individual investors in IPOs.</p>

<p style="text-align: justify;">With the decision, SEBON ensured allocation of at least 10 units of IPO shares to all investors possibly. &nbsp;However, the guideline allows other investors to apply for the IPO if the issue is undersubscribed. &ldquo;The mechanism will boost investors&rsquo; participations in initial issue that will ultimately expand secondary capital market,&rdquo; said Dr Rewat Bahadur Karki, Chairman of SEBON.</p>

<p style="text-align: justify;">Along with implementation of Securities Registration and Issue Regulation, 2073, the directive also encourages real sector to enter capital market, premium fixation of securities and limits the time period of share listing to two months from earlier six months, as per the board. &ldquo;Given that the board has already made ASBA compulsory from upcoming FY, the board expects that the capital market will flourish in coming days with the increased accessibility of investors in the capital market,&rdquo; said Karki.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5739',
			'image' => '20170529113812_sebon.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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		'Article' => array(
			'id' => '5953',
			'article_category_id' => '1',
			'title' => 'Donor Agencies to Contribute 75 percent in reconstruction Budget',
			'sub_title' => '',
			'summary' => 'May 28: Donor agencies are to contribute 75.33 per cent of the total budget ceiling to be allocated on various activities related to reconstruction in the upcoming fiscal year 2074-75 BS.',
			'content' => '<p style="text-align: justify;">May 28: Donor agencies are to contribute 75.33 per cent of the total budget ceiling to be allocated on various activities related to reconstruction in the upcoming fiscal year 2074-75 BS.</p>

<p style="text-align: justify;">Out of Rs 1.46 billion, which the National Reconstruction Authority (NRA) has received as budget ceiling for the coming fiscal year, only 24.67 per cent amount or Rs 36 billion comes from the internal sources.&nbsp;</p>

<p style="text-align: justify;">In the current fiscal year 2073/74 BS, out of the total reconstruction budget of Rs 109 billion, 74.32 per cent is the grant and subsidized loans from donor agencies and 25.68 per cent is the internal budget.</p>

<p style="text-align: justify;">Though the government has given much priority to the reconstruction work, it is seen that the grants and loans seems higher in the budget due to not being able to manage internal budget, which is creating problems in budget mobilization. The capital expenditure is higher lately, whereas the current expenditure used to be higher in the reconstruction sector in the past.</p>

<p style="text-align: justify;">According to an official of the Authority, the donor agencies don&rsquo;t provide the budget on time and there are many contradictory policies of each agency.&nbsp;</p>

<p style="text-align: justify;">According to Spokesperson of NRA, Yamlal Bhusal, the World Bank, Asian Development Bank (ADB), JICA and India are the major contributors to the Authority, among 23 donor agencies that have been supporting development initiatives in Nepal.</p>

<p style="text-align: justify;">He said that the Authority has been granted a less ceiling for the next fiscal year though it had asked for a budget of Rs 200 billion.</p>

<p style="text-align: justify;">&quot;Keeping this in mind, we have been prioritizing programmes such as integrated settlement development and relocation of settlements,&quot; Bhusal said.</p>

<p style="text-align: justify;">According to the Authority, private residences, governmental buildings, security bodies&#39; buildings, local infrastructures like small roads, drinking water and irrigation, archaeological heritages, strategic roads, livelihood related activities will also be continued in the upcoming fiscal year.</p>
',
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			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5738',
			'image' => null,
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5952',
			'article_category_id' => '1',
			'title' => 'Energy Ministry Demands Rs 15 billion Budget for FY 2074/75',
			'sub_title' => '',
			'summary' => 'May 28: Ministry of Energy has demanded budget of Rs 15 billion for the upcoming FY 2074/75 equivalent to budget ceiling given by Nepal Planning Commission (NPC). “For now, the budget ceiling given by NPC should be considered the budget demand of the ministry,” said Prabin Raj Aryal, Head of planning department at the ministry.',
			'content' => '<p style="text-align: justify;">May 28: Ministry of Energy has demanded budget of Rs 15 billion for the upcoming FY 2074/75 equivalent to budget ceiling given by Nepal Planning Commission (NPC). &ldquo;For now, the budget ceiling given by NPC should be considered the budget demand of the ministry,&rdquo; said Prabin Raj Aryal, Head of planning department at the ministry.</p>

<p style="text-align: justify;">NPC had given budget ceiling of Rs 15.01 billion to the energy ministry which is Rs 1.81 billion more than the allocated budget of the previous FY. During the previous FY, the ministry received budget of Rs 13.20 billion. Similarly, the budget ceiling for capital expenditure is nine folds more than for the current expenditure. According to it, Rs 9.86 billion has been allocated to capital expenditure.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5737',
			'image' => '20170528024426_moe.JPG',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '5951',
			'article_category_id' => '1',
			'title' => 'Siddhartha Bank Starts Branch at Kawasoti',
			'sub_title' => '',
			'summary' => 'May 28: Siddhartha Bank has started a branch at Kawasoti, Nawalparasi. Mahesh Prasad Pokharel and Bhagat Bista, Directors of the bank jointly inaugurated the branch amid a program on May 26. According to the bank, the branch will provide overall banking services including ATM. Presently, the bank is providing its services through 70 b',
			'content' => '<p style="text-align: justify;">May 28: Siddhartha Bank has started a branch at Kawasoti, Nawalparasi. Mahesh Prasad Pokharel and Bhagat Bista, Directors of the bank jointly inaugurated the branch amid a program on May 26. According to the bank, the branch will provide overall banking services including ATM. Presently, the bank is providing its services through 70 branches, two extension counters, 88 ATMs and 70 branchless banking units.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5736',
			'image' => '20170528122653_kawasoti.jpg',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5950',
			'article_category_id' => '1',
			'title' => 'Fewa Bikas Bank Opens ATM Outlet in Nayagaun',
			'sub_title' => '',
			'summary' => 'May 28: Fewa Bikas Bank has started an ATM outlet in Nayagaun, Butwal. Resham Bahadur Thapa, CEO of the bank and Lokananda Maharaj, Pithathis Swami of Swami Narayan Muktinathdham Nayagaun jointly inaugurated the branch amid a program on May 26. Presently, the bank is providing its services nationwide through 29 bra',
			'content' => '<p style="text-align: justify;">May 28: Fewa Bikas Bank has started an ATM outlet in Nayagaun, Butwal. Resham Bahadur Thapa, CEO of the bank and Lokananda Maharaj, Pithathis Swami of Swami Narayan Muktinathdham Nayagaun jointly inaugurated the branch amid a program on May 26. Presently, the bank is providing its services nationwide through 29 branches and 16 ATM outlets.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5735',
			'image' => '20170528121643_fewa.jpg',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 9 => array(
		'Article' => array(
			'id' => '5949',
			'article_category_id' => '1',
			'title' => 'Vibor Society Devt Bank’s Branch in Butwal',
			'sub_title' => '',
			'summary' => 'May 28: Vibor Society Development Bank, headquartered in Kathmandu, has opened a new branch at Butwal. The newly opened branch is 46th branch of the bank. Narayan Prasad Poudel, Executive Director of Nepal RAstra Bank, inaugurated the branch amid a program. In the program, Dr Ishwor Gautam, Campus Chief of Lumbini Commerce Campus requested the bank to provide superior and public oriented services. The program was addressed by Moti Lal Pandey, President of Rupandehi Trade Asso',
			'content' => '<p style="text-align: justify;">May 28: Vibor Society Development Bank, headquartered in Kathmandu, has opened a new branch at Butwal. The newly opened branch is 46<sup>th</sup> branch of the bank. Narayan Prasad Poudel, Executive Director of Nepal RAstra Bank, inaugurated the branch amid a program. In the program, Dr Ishwor Gautam, Campus Chief of Lumbini Commerce Campus requested the bank to provide superior and public oriented services. The program was addressed by Moti Lal Pandey, President of Rupandehi Trade Association and Harish Chandra Gautam along others.</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5734',
			'image' => '20170528113001_vibor.jpg',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '5948',
			'article_category_id' => '1',
			'title' => 'Siddhartha Devt Bank to be acquired by Janata Bank',
			'sub_title' => '',
			'summary' => 'May 28: Siddhartha Development Bank is set to acquire by Janata Bank.   A special general meeting of Siddhartha Development Bank held on May 26 approved a',
			'content' => '<p style="text-align: justify;">May 28: Siddhartha Development Bank is set to acquire by Janata Bank. &nbsp;&nbsp;A special general meeting of Siddhartha Development Bank held on May 26 approved a proposal regarding the acquisition. The meeting approved the acquisition proposal based on the due diligence audit (DDA) report that fixed a swap ratio of 1:1.</p>

<p style="text-align: justify;">Moreover, the meeting also endorsed a merger agreement paper prepared by BOD and presented by Ram Bahadur Bhandari, Chairman of the bank along with decisions made by joint merger and acquisition committee.</p>

<p style="text-align: justify;">&ldquo;The merged entity will have seven board of directors including five from Janata Bank and two from Siddhartha Development Bank,&rdquo; said chairman Bhandari.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5733',
			'image' => '20170528112802_vibor.jpg',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 11 => array(
		'Article' => array(
			'id' => '5947',
			'article_category_id' => '1',
			'title' => 'We are Responsible for Promoting Country: Ambassadors',
			'sub_title' => '',
			'summary' => 'May 26, Kathmandu: Newly appointed ambassadors of Nepal to different countries have said that they will be taking the responsibility of marketing for Nepal in the countries where they have been designated. The envoys expressed these views during an interaction with officials of the Conf',
			'content' => '<p style="text-align: justify;">May 26, Kathmandu: Newly appointed ambassadors of Nepal to different countries have said that they will be taking the responsibility of marketing for Nepal in the countries where they have been designated. The envoys expressed these views during an interaction with officials of the Confederation of Nepalese Industries (CNI) on May 25.</p>

<p style="text-align: justify;">&nbsp;The Government of Nepal had appointed Prof. Dr &nbsp;&nbsp;Choplal Bhusal as the Ambassador of Nepal to Bangladesh, Bhimkumar Udas as Ambassador of Nepal to Myanmar, Prof. Dr Mahendra Prasad Singh as Ambassador of Nepal to Saudi Arabia and Bharat Bahadur Rayamajhi as Ambassador of Nepal to Spain. All the ambassadors expressed their interest to improve Nepal&#39;s economic relations with the respective countries .</p>

<p style="text-align: justify;">Satish Kumar Mor, Acting President of CNI said that Nepal needs to work on tourism business with these countries as it is expanding its relations in terms of economic and social aspects with them.&nbsp;</p>

<p style="text-align: justify;">Krishna Prasad Adhikari, Vice-President of CNI said that there are a lot of things yet to be done regarding trade and transit with Bangladesh. So, he requested Ambassador Bhusal to help in such issues. &nbsp;&quot;It would be easier to bring investment from Bangladesh if we worked on transit route and electricity transmission lines,&quot; he said.</p>

<p style="text-align: justify;">Another Vice-President of CNI Vishnu Kumar Agrawal said that the government should focus on economic diplomacy to attract investment and to work in expansion of trade and tourism.</p>

<p style="text-align: justify;">Similarly, Nirvana Chaudhary, another vice-president of CNI said that it is necessary to coordinate with the government institutions and business sector for partnership expansion in business and entrepreneurship with the respective countries.</p>

<p style="text-align: justify;">&nbsp;Despite many opportunities and possibilities, Nepal lacks proper marketisation. Due to this, we are not able to carry on our exports as expected and expand our tourism business. Therefore, the CNI officials requested the newly appointed representatives of Nepal to use all their resources to help in Nepal&#39;s economic growth.</p>
',
			'published' => true,
			'created' => '2017-05-26',
			'modified' => '2017-05-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5732',
			'image' => null,
			'article_date' => '2017-05-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 12 => array(
		'Article' => array(
			'id' => '5946',
			'article_category_id' => '1',
			'title' => 'Government to Prioritise ongoing Projects',
			'sub_title' => '',
			'summary' => 'May 26: President Bidya Devi Bhandari presented the government's policies and programmes for the upcoming FY 2017/18 in the parliament on May 25.',
			'content' => '<p style="text-align: justify;">May 26: President Bidya Devi Bhandari presented the government&#39;s policies and programmes for the upcoming FY 2017/18 in the parliament on May 25.</p>

<p style="text-align: justify;">Bhandari presented the policies and programmes as per the provision to present it before unveiling the budget in parliament. The policies and programmes is to give continuity to the ongoing plans and projects. The government is not including new programmes in view of the code of conduct of the second phase of local elections to be held on June 14.</p>

<p style="text-align: justify;">However, necessary policies and programmes have been included with the implementation of federalism in the country. The policies and programmes has included among other things, speeding up reconstruction works, management of human resource needed in the local level as well resources and human resource needed in the provinces.</p>

<p style="text-align: justify;">Similarly, the policies and programmes has also emphasized on increasing economic growth, encouraging agricultural and livestock insurance, continuing construction of irrigation projects, use of available technology in irrigation as well as making agricultural programmes effective.&nbsp;&nbsp;</p>

<p style="text-align: justify;">Likewise, the policies and programmes also aims to give continuity to the campaign of ending load shedding in Nepal with a view to making a &lsquo;Bright Nepal&rsquo; by developing reservoir projects including the national pride Budhigandaki Hydro Power Project.</p>

<p style="text-align: justify;">President Bhandari while presenting the policies and programmes said with the effective implementation of the &#39;Bright Nepal campaign&#39;, the country will be made self-reliant in electricity generation.&nbsp;</p>
',
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			'created' => '2017-05-26',
			'modified' => '2017-05-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5731',
			'image' => null,
			'article_date' => '2017-05-26 00:00:00',
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		'Article' => array(
			'id' => '5945',
			'article_category_id' => '1',
			'title' => 'Hyundai Exchange Camp from today',
			'sub_title' => '',
			'summary' => 'May 26: Hyundai Showroom Pokhara, under Laxmi Intercontinental, the authorized distributor of Hyundai for Nepal has organized a three days exchange camp starting today.  The camp that offers exchange facility to any model of Hyundai vehicle will end on May 28, said the company in a press statement.',
			'content' => '<p style="text-align: justify;">May 26: Hyundai Showroom Pokhara, under Laxmi Intercontinental, the authorized distributor of Hyundai for Nepal has organized a three days exchange camp starting today. &nbsp;The camp that offers exchange facility to any model of Hyundai vehicle will end on May 28, said the company in a press statement.</p>

<p style="text-align: justify;">&ldquo;Along with the exchange offer, Hyundai also offers cash discount, on the spot finance and bonus on valuation and exchange,&rdquo; said Bhim Singh Khatri, Sales and Operation In charge. Moreover, visitors can also participate in Test Drive and Win contest during the camp. Among the test drive participants, one lucky customer will be provided a smartphone through a lucky draw, read the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-26',
			'modified' => '2017-05-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5730',
			'image' => '20170526034443_hyundai.jpg',
			'article_date' => '2017-05-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 14 => array(
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			'id' => '5944',
			'article_category_id' => '1',
			'title' => 'Lenovo ‘Cash Back’ Offer',
			'sub_title' => '',
			'summary' => 'May 26: Life com, the authorized distributor of Lenovo smartphone has launched Monsoon Cash Back offer. The offer to be valid from May 26 to July 15 will provide cash back on every purchase of Lenovo smartphone. Customers will get Rs 1000 cash back on the purchase of K6 and Rs 500 cash back on A6600, ',
			'content' => '<p style="text-align: justify;">May 26: Life com, the authorized distributor of Lenovo smartphone has launched Monsoon Cash Back offer. The offer to be valid from May 26 to July 15 will provide cash back on every purchase of Lenovo smartphone. Customers will get Rs 1000 cash back on the purchase of K6 and Rs 500 cash back on A6600, said the bank in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-26',
			'modified' => '2017-05-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5729',
			'image' => '20170526031626_lenovo.jpg',
			'article_date' => '2017-05-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
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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

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5958',
			'article_category_id' => '1',
			'title' => 'Sagarmatha Finance’s Branch at Illam',
			'sub_title' => '',
			'summary' => 'May 29: Sagarmatha Finance has started a branch at Illam Bazaar, Illam. Dr Nabil Kishor Rai and Sharan Dev Rai, Promoters duo of the company jointly inaugurated the branch amid a program on May 28.This is the 13th branch of the company.',
			'content' => '<p style="text-align: justify;">May 29: Sagarmatha Finance has started a branch at Illam Bazaar, Illam. Dr Nabil Kishor Rai and Sharan Dev Rai, Promoters duo of the company jointly inaugurated the branch amid a program on May 28.This is the 13<sup>th</sup> branch of the company.</p>

<p style="text-align: justify;">The Finance Company, headquartered at Manbhawan, Lalitpur, has extended its branch to Ga:bahal of Lalitpur and Birtamod and Damak of Jhapa. Similarly, it also has branch in Itahari and Dharan of Sunsari, Biratnagar of Morang, Salleri of Solukhumbu and Okhaldhunga Bazaar of Okhaldhunga. Likewise, the finance company has branches in Diktel of Khotang, Bhojpur Bazaar of Bhojpur, Fungling of Taplejung and Phidim of Panchthar.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5743',
			'image' => '20170529122335_sagarmatha.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '5957',
			'article_category_id' => '1',
			'title' => 'Siddhartha Bank Starts Branch at Palpa',
			'sub_title' => '',
			'summary' => 'May 29: Siddhartha Bank has started a branch at Tansen, Palpa. Mahesh Prasad Pokharel and Bhagat Bista, Directors of the bank jointly inaugurated the branch amid a program on May 28. According to the bank, the branch will provide overall banking services. Presently, the bank is providing its services through 70 branches, two extension c',
			'content' => '<p style="text-align:justify">May 29: Siddhartha Bank has started a branch at Tansen, Palpa. Mahesh Prasad Pokharel and Bhagat Bista, Directors of the bank jointly inaugurated the branch amid a program on May 28. According to the bank, the branch will provide overall banking services. Presently, the bank is providing its services through 70 branches, two extension counters, 88 ATMs and 70 branchless banking units.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5742',
			'image' => '20170529121437_siddhartha.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 2 => array(
		'Article' => array(
			'id' => '5956',
			'article_category_id' => '1',
			'title' => 'Janata Bank to acquire Siddhartha Devt Bank',
			'sub_title' => '',
			'summary' => 'May 29: Janata Bank is set to acquire Siddhartha Development Bank.   A special general meeting of Janata Bank held on May 27 approved a proposal regarding the acquisition. The meeting which was held under the chairmanship of Keshav',
			'content' => '<p style="text-align:justify">May 29: Janata Bank is set to acquire Siddhartha Development Bank.&nbsp;&nbsp; A special general meeting of Janata Bank held on May 27 approved a proposal regarding the acquisition. The meeting which was held under the chairmanship of Keshav Bahadur Raymajhi, Chairman of the bank approved the swap ratio of 1:1.</p>

<p style="text-align:justify">After the acquisition, the paid-up capital of the bank will reach Rs 7 billion. Issuing a press statement, the bank informed of issuing bonus share by the end of current FY in a bid to meet the cap of minimum paid-up capital of Rs 8 billion.</p>

<p style="text-align:justify">According to the bank, it will have deposit collection of Rs 51 billion and loan extension of Rs 48 billion after the acquisition. Similarly, number of branches and ATM outlets will increase to 112 and 60 respectively.</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5741',
			'image' => '20170529121130_janata.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5955',
			'article_category_id' => '1',
			'title' => 'Sunrise Bank Starts Branch at Kalikasthan',
			'sub_title' => '',
			'summary' => 'May 22: Sunrise Bank has started a branch in its own building at Kalikasthan, Kathmandu. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the branch amid a program on May 28.',
			'content' => '<p style="text-align: justify;">May 22: Sunrise Bank has started a branch in its own building at Kalikasthan, Kathmandu. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the branch amid a program on May 28.</p>

<p style="text-align: justify;">The bank transformed the head office of earlier Narayani National Finance to a branch.&nbsp; According to the bank,&nbsp; the branch also provides locker services to the customers. Presently, the bank is providing its services through 70 branches and 80 ATM outlets.</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5740',
			'image' => '20170529115450_sunrise.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5954',
			'article_category_id' => '1',
			'title' => 'IPO to Individual Investors Only',
			'sub_title' => '',
			'summary' => 'May 29: As per the new mechanism introduced by Securities Board of Nepal (SEBON) under Securities Issue and Allotment Guideline, 2074, now onwards only individual investors are eligible to apply for initial public offering (IPO). SEBON, terminating earlier mechanism under which institutions and companies could also apply for the IPO, has decided to prioritize individual investors in IPOs.',
			'content' => '<p style="text-align: justify;">May 29: As per the new mechanism introduced by Securities Board of Nepal (SEBON) under Securities Issue and Allotment Guideline, 2074, now onwards only individual investors are eligible to apply for initial public offering (IPO). SEBON, terminating earlier mechanism under which institutions and companies could also apply for the IPO, has decided to prioritize individual investors in IPOs.</p>

<p style="text-align: justify;">With the decision, SEBON ensured allocation of at least 10 units of IPO shares to all investors possibly. &nbsp;However, the guideline allows other investors to apply for the IPO if the issue is undersubscribed. &ldquo;The mechanism will boost investors&rsquo; participations in initial issue that will ultimately expand secondary capital market,&rdquo; said Dr Rewat Bahadur Karki, Chairman of SEBON.</p>

<p style="text-align: justify;">Along with implementation of Securities Registration and Issue Regulation, 2073, the directive also encourages real sector to enter capital market, premium fixation of securities and limits the time period of share listing to two months from earlier six months, as per the board. &ldquo;Given that the board has already made ASBA compulsory from upcoming FY, the board expects that the capital market will flourish in coming days with the increased accessibility of investors in the capital market,&rdquo; said Karki.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5739',
			'image' => '20170529113812_sebon.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 5 => array(
		'Article' => array(
			'id' => '5953',
			'article_category_id' => '1',
			'title' => 'Donor Agencies to Contribute 75 percent in reconstruction Budget',
			'sub_title' => '',
			'summary' => 'May 28: Donor agencies are to contribute 75.33 per cent of the total budget ceiling to be allocated on various activities related to reconstruction in the upcoming fiscal year 2074-75 BS.',
			'content' => '<p style="text-align: justify;">May 28: Donor agencies are to contribute 75.33 per cent of the total budget ceiling to be allocated on various activities related to reconstruction in the upcoming fiscal year 2074-75 BS.</p>

<p style="text-align: justify;">Out of Rs 1.46 billion, which the National Reconstruction Authority (NRA) has received as budget ceiling for the coming fiscal year, only 24.67 per cent amount or Rs 36 billion comes from the internal sources.&nbsp;</p>

<p style="text-align: justify;">In the current fiscal year 2073/74 BS, out of the total reconstruction budget of Rs 109 billion, 74.32 per cent is the grant and subsidized loans from donor agencies and 25.68 per cent is the internal budget.</p>

<p style="text-align: justify;">Though the government has given much priority to the reconstruction work, it is seen that the grants and loans seems higher in the budget due to not being able to manage internal budget, which is creating problems in budget mobilization. The capital expenditure is higher lately, whereas the current expenditure used to be higher in the reconstruction sector in the past.</p>

<p style="text-align: justify;">According to an official of the Authority, the donor agencies don&rsquo;t provide the budget on time and there are many contradictory policies of each agency.&nbsp;</p>

<p style="text-align: justify;">According to Spokesperson of NRA, Yamlal Bhusal, the World Bank, Asian Development Bank (ADB), JICA and India are the major contributors to the Authority, among 23 donor agencies that have been supporting development initiatives in Nepal.</p>

<p style="text-align: justify;">He said that the Authority has been granted a less ceiling for the next fiscal year though it had asked for a budget of Rs 200 billion.</p>

<p style="text-align: justify;">&quot;Keeping this in mind, we have been prioritizing programmes such as integrated settlement development and relocation of settlements,&quot; Bhusal said.</p>

<p style="text-align: justify;">According to the Authority, private residences, governmental buildings, security bodies&#39; buildings, local infrastructures like small roads, drinking water and irrigation, archaeological heritages, strategic roads, livelihood related activities will also be continued in the upcoming fiscal year.</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5738',
			'image' => null,
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 6 => array(
		'Article' => array(
			'id' => '5952',
			'article_category_id' => '1',
			'title' => 'Energy Ministry Demands Rs 15 billion Budget for FY 2074/75',
			'sub_title' => '',
			'summary' => 'May 28: Ministry of Energy has demanded budget of Rs 15 billion for the upcoming FY 2074/75 equivalent to budget ceiling given by Nepal Planning Commission (NPC). “For now, the budget ceiling given by NPC should be considered the budget demand of the ministry,” said Prabin Raj Aryal, Head of planning department at the ministry.',
			'content' => '<p style="text-align: justify;">May 28: Ministry of Energy has demanded budget of Rs 15 billion for the upcoming FY 2074/75 equivalent to budget ceiling given by Nepal Planning Commission (NPC). &ldquo;For now, the budget ceiling given by NPC should be considered the budget demand of the ministry,&rdquo; said Prabin Raj Aryal, Head of planning department at the ministry.</p>

<p style="text-align: justify;">NPC had given budget ceiling of Rs 15.01 billion to the energy ministry which is Rs 1.81 billion more than the allocated budget of the previous FY. During the previous FY, the ministry received budget of Rs 13.20 billion. Similarly, the budget ceiling for capital expenditure is nine folds more than for the current expenditure. According to it, Rs 9.86 billion has been allocated to capital expenditure.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5737',
			'image' => '20170528024426_moe.JPG',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5951',
			'article_category_id' => '1',
			'title' => 'Siddhartha Bank Starts Branch at Kawasoti',
			'sub_title' => '',
			'summary' => 'May 28: Siddhartha Bank has started a branch at Kawasoti, Nawalparasi. Mahesh Prasad Pokharel and Bhagat Bista, Directors of the bank jointly inaugurated the branch amid a program on May 26. According to the bank, the branch will provide overall banking services including ATM. Presently, the bank is providing its services through 70 b',
			'content' => '<p style="text-align: justify;">May 28: Siddhartha Bank has started a branch at Kawasoti, Nawalparasi. Mahesh Prasad Pokharel and Bhagat Bista, Directors of the bank jointly inaugurated the branch amid a program on May 26. According to the bank, the branch will provide overall banking services including ATM. Presently, the bank is providing its services through 70 branches, two extension counters, 88 ATMs and 70 branchless banking units.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5736',
			'image' => '20170528122653_kawasoti.jpg',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5950',
			'article_category_id' => '1',
			'title' => 'Fewa Bikas Bank Opens ATM Outlet in Nayagaun',
			'sub_title' => '',
			'summary' => 'May 28: Fewa Bikas Bank has started an ATM outlet in Nayagaun, Butwal. Resham Bahadur Thapa, CEO of the bank and Lokananda Maharaj, Pithathis Swami of Swami Narayan Muktinathdham Nayagaun jointly inaugurated the branch amid a program on May 26. Presently, the bank is providing its services nationwide through 29 bra',
			'content' => '<p style="text-align: justify;">May 28: Fewa Bikas Bank has started an ATM outlet in Nayagaun, Butwal. Resham Bahadur Thapa, CEO of the bank and Lokananda Maharaj, Pithathis Swami of Swami Narayan Muktinathdham Nayagaun jointly inaugurated the branch amid a program on May 26. Presently, the bank is providing its services nationwide through 29 branches and 16 ATM outlets.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5735',
			'image' => '20170528121643_fewa.jpg',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5949',
			'article_category_id' => '1',
			'title' => 'Vibor Society Devt Bank’s Branch in Butwal',
			'sub_title' => '',
			'summary' => 'May 28: Vibor Society Development Bank, headquartered in Kathmandu, has opened a new branch at Butwal. The newly opened branch is 46th branch of the bank. Narayan Prasad Poudel, Executive Director of Nepal RAstra Bank, inaugurated the branch amid a program. In the program, Dr Ishwor Gautam, Campus Chief of Lumbini Commerce Campus requested the bank to provide superior and public oriented services. The program was addressed by Moti Lal Pandey, President of Rupandehi Trade Asso',
			'content' => '<p style="text-align: justify;">May 28: Vibor Society Development Bank, headquartered in Kathmandu, has opened a new branch at Butwal. The newly opened branch is 46<sup>th</sup> branch of the bank. Narayan Prasad Poudel, Executive Director of Nepal RAstra Bank, inaugurated the branch amid a program. In the program, Dr Ishwor Gautam, Campus Chief of Lumbini Commerce Campus requested the bank to provide superior and public oriented services. The program was addressed by Moti Lal Pandey, President of Rupandehi Trade Association and Harish Chandra Gautam along others.</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5734',
			'image' => '20170528113001_vibor.jpg',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 10 => array(
		'Article' => array(
			'id' => '5948',
			'article_category_id' => '1',
			'title' => 'Siddhartha Devt Bank to be acquired by Janata Bank',
			'sub_title' => '',
			'summary' => 'May 28: Siddhartha Development Bank is set to acquire by Janata Bank.   A special general meeting of Siddhartha Development Bank held on May 26 approved a',
			'content' => '<p style="text-align: justify;">May 28: Siddhartha Development Bank is set to acquire by Janata Bank. &nbsp;&nbsp;A special general meeting of Siddhartha Development Bank held on May 26 approved a proposal regarding the acquisition. The meeting approved the acquisition proposal based on the due diligence audit (DDA) report that fixed a swap ratio of 1:1.</p>

<p style="text-align: justify;">Moreover, the meeting also endorsed a merger agreement paper prepared by BOD and presented by Ram Bahadur Bhandari, Chairman of the bank along with decisions made by joint merger and acquisition committee.</p>

<p style="text-align: justify;">&ldquo;The merged entity will have seven board of directors including five from Janata Bank and two from Siddhartha Development Bank,&rdquo; said chairman Bhandari.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5733',
			'image' => '20170528112802_vibor.jpg',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '5947',
			'article_category_id' => '1',
			'title' => 'We are Responsible for Promoting Country: Ambassadors',
			'sub_title' => '',
			'summary' => 'May 26, Kathmandu: Newly appointed ambassadors of Nepal to different countries have said that they will be taking the responsibility of marketing for Nepal in the countries where they have been designated. The envoys expressed these views during an interaction with officials of the Conf',
			'content' => '<p style="text-align: justify;">May 26, Kathmandu: Newly appointed ambassadors of Nepal to different countries have said that they will be taking the responsibility of marketing for Nepal in the countries where they have been designated. The envoys expressed these views during an interaction with officials of the Confederation of Nepalese Industries (CNI) on May 25.</p>

<p style="text-align: justify;">&nbsp;The Government of Nepal had appointed Prof. Dr &nbsp;&nbsp;Choplal Bhusal as the Ambassador of Nepal to Bangladesh, Bhimkumar Udas as Ambassador of Nepal to Myanmar, Prof. Dr Mahendra Prasad Singh as Ambassador of Nepal to Saudi Arabia and Bharat Bahadur Rayamajhi as Ambassador of Nepal to Spain. All the ambassadors expressed their interest to improve Nepal&#39;s economic relations with the respective countries .</p>

<p style="text-align: justify;">Satish Kumar Mor, Acting President of CNI said that Nepal needs to work on tourism business with these countries as it is expanding its relations in terms of economic and social aspects with them.&nbsp;</p>

<p style="text-align: justify;">Krishna Prasad Adhikari, Vice-President of CNI said that there are a lot of things yet to be done regarding trade and transit with Bangladesh. So, he requested Ambassador Bhusal to help in such issues. &nbsp;&quot;It would be easier to bring investment from Bangladesh if we worked on transit route and electricity transmission lines,&quot; he said.</p>

<p style="text-align: justify;">Another Vice-President of CNI Vishnu Kumar Agrawal said that the government should focus on economic diplomacy to attract investment and to work in expansion of trade and tourism.</p>

<p style="text-align: justify;">Similarly, Nirvana Chaudhary, another vice-president of CNI said that it is necessary to coordinate with the government institutions and business sector for partnership expansion in business and entrepreneurship with the respective countries.</p>

<p style="text-align: justify;">&nbsp;Despite many opportunities and possibilities, Nepal lacks proper marketisation. Due to this, we are not able to carry on our exports as expected and expand our tourism business. Therefore, the CNI officials requested the newly appointed representatives of Nepal to use all their resources to help in Nepal&#39;s economic growth.</p>
',
			'published' => true,
			'created' => '2017-05-26',
			'modified' => '2017-05-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5732',
			'image' => null,
			'article_date' => '2017-05-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 12 => array(
		'Article' => array(
			'id' => '5946',
			'article_category_id' => '1',
			'title' => 'Government to Prioritise ongoing Projects',
			'sub_title' => '',
			'summary' => 'May 26: President Bidya Devi Bhandari presented the government's policies and programmes for the upcoming FY 2017/18 in the parliament on May 25.',
			'content' => '<p style="text-align: justify;">May 26: President Bidya Devi Bhandari presented the government&#39;s policies and programmes for the upcoming FY 2017/18 in the parliament on May 25.</p>

<p style="text-align: justify;">Bhandari presented the policies and programmes as per the provision to present it before unveiling the budget in parliament. The policies and programmes is to give continuity to the ongoing plans and projects. The government is not including new programmes in view of the code of conduct of the second phase of local elections to be held on June 14.</p>

<p style="text-align: justify;">However, necessary policies and programmes have been included with the implementation of federalism in the country. The policies and programmes has included among other things, speeding up reconstruction works, management of human resource needed in the local level as well resources and human resource needed in the provinces.</p>

<p style="text-align: justify;">Similarly, the policies and programmes has also emphasized on increasing economic growth, encouraging agricultural and livestock insurance, continuing construction of irrigation projects, use of available technology in irrigation as well as making agricultural programmes effective.&nbsp;&nbsp;</p>

<p style="text-align: justify;">Likewise, the policies and programmes also aims to give continuity to the campaign of ending load shedding in Nepal with a view to making a &lsquo;Bright Nepal&rsquo; by developing reservoir projects including the national pride Budhigandaki Hydro Power Project.</p>

<p style="text-align: justify;">President Bhandari while presenting the policies and programmes said with the effective implementation of the &#39;Bright Nepal campaign&#39;, the country will be made self-reliant in electricity generation.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-26',
			'modified' => '2017-05-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5731',
			'image' => null,
			'article_date' => '2017-05-26 00:00:00',
			'homepage' => false,
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	(int) 13 => array(
		'Article' => array(
			'id' => '5945',
			'article_category_id' => '1',
			'title' => 'Hyundai Exchange Camp from today',
			'sub_title' => '',
			'summary' => 'May 26: Hyundai Showroom Pokhara, under Laxmi Intercontinental, the authorized distributor of Hyundai for Nepal has organized a three days exchange camp starting today.  The camp that offers exchange facility to any model of Hyundai vehicle will end on May 28, said the company in a press statement.',
			'content' => '<p style="text-align: justify;">May 26: Hyundai Showroom Pokhara, under Laxmi Intercontinental, the authorized distributor of Hyundai for Nepal has organized a three days exchange camp starting today. &nbsp;The camp that offers exchange facility to any model of Hyundai vehicle will end on May 28, said the company in a press statement.</p>

<p style="text-align: justify;">&ldquo;Along with the exchange offer, Hyundai also offers cash discount, on the spot finance and bonus on valuation and exchange,&rdquo; said Bhim Singh Khatri, Sales and Operation In charge. Moreover, visitors can also participate in Test Drive and Win contest during the camp. Among the test drive participants, one lucky customer will be provided a smartphone through a lucky draw, read the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-26',
			'modified' => '2017-05-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5730',
			'image' => '20170526034443_hyundai.jpg',
			'article_date' => '2017-05-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '5944',
			'article_category_id' => '1',
			'title' => 'Lenovo ‘Cash Back’ Offer',
			'sub_title' => '',
			'summary' => 'May 26: Life com, the authorized distributor of Lenovo smartphone has launched Monsoon Cash Back offer. The offer to be valid from May 26 to July 15 will provide cash back on every purchase of Lenovo smartphone. Customers will get Rs 1000 cash back on the purchase of K6 and Rs 500 cash back on A6600, ',
			'content' => '<p style="text-align: justify;">May 26: Life com, the authorized distributor of Lenovo smartphone has launched Monsoon Cash Back offer. The offer to be valid from May 26 to July 15 will provide cash back on every purchase of Lenovo smartphone. Customers will get Rs 1000 cash back on the purchase of K6 and Rs 500 cash back on A6600, said the bank in a press statement.&nbsp;</p>
',
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			'created' => '2017-05-26',
			'modified' => '2017-05-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5729',
			'image' => '20170526031626_lenovo.jpg',
			'article_date' => '2017-05-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5958',
			'article_category_id' => '1',
			'title' => 'Sagarmatha Finance’s Branch at Illam',
			'sub_title' => '',
			'summary' => 'May 29: Sagarmatha Finance has started a branch at Illam Bazaar, Illam. Dr Nabil Kishor Rai and Sharan Dev Rai, Promoters duo of the company jointly inaugurated the branch amid a program on May 28.This is the 13th branch of the company.',
			'content' => '<p style="text-align: justify;">May 29: Sagarmatha Finance has started a branch at Illam Bazaar, Illam. Dr Nabil Kishor Rai and Sharan Dev Rai, Promoters duo of the company jointly inaugurated the branch amid a program on May 28.This is the 13<sup>th</sup> branch of the company.</p>

<p style="text-align: justify;">The Finance Company, headquartered at Manbhawan, Lalitpur, has extended its branch to Ga:bahal of Lalitpur and Birtamod and Damak of Jhapa. Similarly, it also has branch in Itahari and Dharan of Sunsari, Biratnagar of Morang, Salleri of Solukhumbu and Okhaldhunga Bazaar of Okhaldhunga. Likewise, the finance company has branches in Diktel of Khotang, Bhojpur Bazaar of Bhojpur, Fungling of Taplejung and Phidim of Panchthar.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5743',
			'image' => '20170529122335_sagarmatha.jpg',
			'article_date' => '2017-05-29 00:00:00',
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			'id' => '5957',
			'article_category_id' => '1',
			'title' => 'Siddhartha Bank Starts Branch at Palpa',
			'sub_title' => '',
			'summary' => 'May 29: Siddhartha Bank has started a branch at Tansen, Palpa. Mahesh Prasad Pokharel and Bhagat Bista, Directors of the bank jointly inaugurated the branch amid a program on May 28. According to the bank, the branch will provide overall banking services. Presently, the bank is providing its services through 70 branches, two extension c',
			'content' => '<p style="text-align:justify">May 29: Siddhartha Bank has started a branch at Tansen, Palpa. Mahesh Prasad Pokharel and Bhagat Bista, Directors of the bank jointly inaugurated the branch amid a program on May 28. According to the bank, the branch will provide overall banking services. Presently, the bank is providing its services through 70 branches, two extension counters, 88 ATMs and 70 branchless banking units.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5742',
			'image' => '20170529121437_siddhartha.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '5956',
			'article_category_id' => '1',
			'title' => 'Janata Bank to acquire Siddhartha Devt Bank',
			'sub_title' => '',
			'summary' => 'May 29: Janata Bank is set to acquire Siddhartha Development Bank.   A special general meeting of Janata Bank held on May 27 approved a proposal regarding the acquisition. The meeting which was held under the chairmanship of Keshav',
			'content' => '<p style="text-align:justify">May 29: Janata Bank is set to acquire Siddhartha Development Bank.&nbsp;&nbsp; A special general meeting of Janata Bank held on May 27 approved a proposal regarding the acquisition. The meeting which was held under the chairmanship of Keshav Bahadur Raymajhi, Chairman of the bank approved the swap ratio of 1:1.</p>

<p style="text-align:justify">After the acquisition, the paid-up capital of the bank will reach Rs 7 billion. Issuing a press statement, the bank informed of issuing bonus share by the end of current FY in a bid to meet the cap of minimum paid-up capital of Rs 8 billion.</p>

<p style="text-align:justify">According to the bank, it will have deposit collection of Rs 51 billion and loan extension of Rs 48 billion after the acquisition. Similarly, number of branches and ATM outlets will increase to 112 and 60 respectively.</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5741',
			'image' => '20170529121130_janata.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 3 => array(
		'Article' => array(
			'id' => '5955',
			'article_category_id' => '1',
			'title' => 'Sunrise Bank Starts Branch at Kalikasthan',
			'sub_title' => '',
			'summary' => 'May 22: Sunrise Bank has started a branch in its own building at Kalikasthan, Kathmandu. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the branch amid a program on May 28.',
			'content' => '<p style="text-align: justify;">May 22: Sunrise Bank has started a branch in its own building at Kalikasthan, Kathmandu. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the branch amid a program on May 28.</p>

<p style="text-align: justify;">The bank transformed the head office of earlier Narayani National Finance to a branch.&nbsp; According to the bank,&nbsp; the branch also provides locker services to the customers. Presently, the bank is providing its services through 70 branches and 80 ATM outlets.</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5740',
			'image' => '20170529115450_sunrise.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 4 => array(
		'Article' => array(
			'id' => '5954',
			'article_category_id' => '1',
			'title' => 'IPO to Individual Investors Only',
			'sub_title' => '',
			'summary' => 'May 29: As per the new mechanism introduced by Securities Board of Nepal (SEBON) under Securities Issue and Allotment Guideline, 2074, now onwards only individual investors are eligible to apply for initial public offering (IPO). SEBON, terminating earlier mechanism under which institutions and companies could also apply for the IPO, has decided to prioritize individual investors in IPOs.',
			'content' => '<p style="text-align: justify;">May 29: As per the new mechanism introduced by Securities Board of Nepal (SEBON) under Securities Issue and Allotment Guideline, 2074, now onwards only individual investors are eligible to apply for initial public offering (IPO). SEBON, terminating earlier mechanism under which institutions and companies could also apply for the IPO, has decided to prioritize individual investors in IPOs.</p>

<p style="text-align: justify;">With the decision, SEBON ensured allocation of at least 10 units of IPO shares to all investors possibly. &nbsp;However, the guideline allows other investors to apply for the IPO if the issue is undersubscribed. &ldquo;The mechanism will boost investors&rsquo; participations in initial issue that will ultimately expand secondary capital market,&rdquo; said Dr Rewat Bahadur Karki, Chairman of SEBON.</p>

<p style="text-align: justify;">Along with implementation of Securities Registration and Issue Regulation, 2073, the directive also encourages real sector to enter capital market, premium fixation of securities and limits the time period of share listing to two months from earlier six months, as per the board. &ldquo;Given that the board has already made ASBA compulsory from upcoming FY, the board expects that the capital market will flourish in coming days with the increased accessibility of investors in the capital market,&rdquo; said Karki.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5739',
			'image' => '20170529113812_sebon.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '5953',
			'article_category_id' => '1',
			'title' => 'Donor Agencies to Contribute 75 percent in reconstruction Budget',
			'sub_title' => '',
			'summary' => 'May 28: Donor agencies are to contribute 75.33 per cent of the total budget ceiling to be allocated on various activities related to reconstruction in the upcoming fiscal year 2074-75 BS.',
			'content' => '<p style="text-align: justify;">May 28: Donor agencies are to contribute 75.33 per cent of the total budget ceiling to be allocated on various activities related to reconstruction in the upcoming fiscal year 2074-75 BS.</p>

<p style="text-align: justify;">Out of Rs 1.46 billion, which the National Reconstruction Authority (NRA) has received as budget ceiling for the coming fiscal year, only 24.67 per cent amount or Rs 36 billion comes from the internal sources.&nbsp;</p>

<p style="text-align: justify;">In the current fiscal year 2073/74 BS, out of the total reconstruction budget of Rs 109 billion, 74.32 per cent is the grant and subsidized loans from donor agencies and 25.68 per cent is the internal budget.</p>

<p style="text-align: justify;">Though the government has given much priority to the reconstruction work, it is seen that the grants and loans seems higher in the budget due to not being able to manage internal budget, which is creating problems in budget mobilization. The capital expenditure is higher lately, whereas the current expenditure used to be higher in the reconstruction sector in the past.</p>

<p style="text-align: justify;">According to an official of the Authority, the donor agencies don&rsquo;t provide the budget on time and there are many contradictory policies of each agency.&nbsp;</p>

<p style="text-align: justify;">According to Spokesperson of NRA, Yamlal Bhusal, the World Bank, Asian Development Bank (ADB), JICA and India are the major contributors to the Authority, among 23 donor agencies that have been supporting development initiatives in Nepal.</p>

<p style="text-align: justify;">He said that the Authority has been granted a less ceiling for the next fiscal year though it had asked for a budget of Rs 200 billion.</p>

<p style="text-align: justify;">&quot;Keeping this in mind, we have been prioritizing programmes such as integrated settlement development and relocation of settlements,&quot; Bhusal said.</p>

<p style="text-align: justify;">According to the Authority, private residences, governmental buildings, security bodies&#39; buildings, local infrastructures like small roads, drinking water and irrigation, archaeological heritages, strategic roads, livelihood related activities will also be continued in the upcoming fiscal year.</p>
',
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			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5738',
			'image' => null,
			'article_date' => '2017-05-28 00:00:00',
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		'Article' => array(
			'id' => '5952',
			'article_category_id' => '1',
			'title' => 'Energy Ministry Demands Rs 15 billion Budget for FY 2074/75',
			'sub_title' => '',
			'summary' => 'May 28: Ministry of Energy has demanded budget of Rs 15 billion for the upcoming FY 2074/75 equivalent to budget ceiling given by Nepal Planning Commission (NPC). “For now, the budget ceiling given by NPC should be considered the budget demand of the ministry,” said Prabin Raj Aryal, Head of planning department at the ministry.',
			'content' => '<p style="text-align: justify;">May 28: Ministry of Energy has demanded budget of Rs 15 billion for the upcoming FY 2074/75 equivalent to budget ceiling given by Nepal Planning Commission (NPC). &ldquo;For now, the budget ceiling given by NPC should be considered the budget demand of the ministry,&rdquo; said Prabin Raj Aryal, Head of planning department at the ministry.</p>

<p style="text-align: justify;">NPC had given budget ceiling of Rs 15.01 billion to the energy ministry which is Rs 1.81 billion more than the allocated budget of the previous FY. During the previous FY, the ministry received budget of Rs 13.20 billion. Similarly, the budget ceiling for capital expenditure is nine folds more than for the current expenditure. According to it, Rs 9.86 billion has been allocated to capital expenditure.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5737',
			'image' => '20170528024426_moe.JPG',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5951',
			'article_category_id' => '1',
			'title' => 'Siddhartha Bank Starts Branch at Kawasoti',
			'sub_title' => '',
			'summary' => 'May 28: Siddhartha Bank has started a branch at Kawasoti, Nawalparasi. Mahesh Prasad Pokharel and Bhagat Bista, Directors of the bank jointly inaugurated the branch amid a program on May 26. According to the bank, the branch will provide overall banking services including ATM. Presently, the bank is providing its services through 70 b',
			'content' => '<p style="text-align: justify;">May 28: Siddhartha Bank has started a branch at Kawasoti, Nawalparasi. Mahesh Prasad Pokharel and Bhagat Bista, Directors of the bank jointly inaugurated the branch amid a program on May 26. According to the bank, the branch will provide overall banking services including ATM. Presently, the bank is providing its services through 70 branches, two extension counters, 88 ATMs and 70 branchless banking units.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5736',
			'image' => '20170528122653_kawasoti.jpg',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5950',
			'article_category_id' => '1',
			'title' => 'Fewa Bikas Bank Opens ATM Outlet in Nayagaun',
			'sub_title' => '',
			'summary' => 'May 28: Fewa Bikas Bank has started an ATM outlet in Nayagaun, Butwal. Resham Bahadur Thapa, CEO of the bank and Lokananda Maharaj, Pithathis Swami of Swami Narayan Muktinathdham Nayagaun jointly inaugurated the branch amid a program on May 26. Presently, the bank is providing its services nationwide through 29 bra',
			'content' => '<p style="text-align: justify;">May 28: Fewa Bikas Bank has started an ATM outlet in Nayagaun, Butwal. Resham Bahadur Thapa, CEO of the bank and Lokananda Maharaj, Pithathis Swami of Swami Narayan Muktinathdham Nayagaun jointly inaugurated the branch amid a program on May 26. Presently, the bank is providing its services nationwide through 29 branches and 16 ATM outlets.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5735',
			'image' => '20170528121643_fewa.jpg',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5949',
			'article_category_id' => '1',
			'title' => 'Vibor Society Devt Bank’s Branch in Butwal',
			'sub_title' => '',
			'summary' => 'May 28: Vibor Society Development Bank, headquartered in Kathmandu, has opened a new branch at Butwal. The newly opened branch is 46th branch of the bank. Narayan Prasad Poudel, Executive Director of Nepal RAstra Bank, inaugurated the branch amid a program. In the program, Dr Ishwor Gautam, Campus Chief of Lumbini Commerce Campus requested the bank to provide superior and public oriented services. The program was addressed by Moti Lal Pandey, President of Rupandehi Trade Asso',
			'content' => '<p style="text-align: justify;">May 28: Vibor Society Development Bank, headquartered in Kathmandu, has opened a new branch at Butwal. The newly opened branch is 46<sup>th</sup> branch of the bank. Narayan Prasad Poudel, Executive Director of Nepal RAstra Bank, inaugurated the branch amid a program. In the program, Dr Ishwor Gautam, Campus Chief of Lumbini Commerce Campus requested the bank to provide superior and public oriented services. The program was addressed by Moti Lal Pandey, President of Rupandehi Trade Association and Harish Chandra Gautam along others.</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5734',
			'image' => '20170528113001_vibor.jpg',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5948',
			'article_category_id' => '1',
			'title' => 'Siddhartha Devt Bank to be acquired by Janata Bank',
			'sub_title' => '',
			'summary' => 'May 28: Siddhartha Development Bank is set to acquire by Janata Bank.   A special general meeting of Siddhartha Development Bank held on May 26 approved a',
			'content' => '<p style="text-align: justify;">May 28: Siddhartha Development Bank is set to acquire by Janata Bank. &nbsp;&nbsp;A special general meeting of Siddhartha Development Bank held on May 26 approved a proposal regarding the acquisition. The meeting approved the acquisition proposal based on the due diligence audit (DDA) report that fixed a swap ratio of 1:1.</p>

<p style="text-align: justify;">Moreover, the meeting also endorsed a merger agreement paper prepared by BOD and presented by Ram Bahadur Bhandari, Chairman of the bank along with decisions made by joint merger and acquisition committee.</p>

<p style="text-align: justify;">&ldquo;The merged entity will have seven board of directors including five from Janata Bank and two from Siddhartha Development Bank,&rdquo; said chairman Bhandari.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5733',
			'image' => '20170528112802_vibor.jpg',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5947',
			'article_category_id' => '1',
			'title' => 'We are Responsible for Promoting Country: Ambassadors',
			'sub_title' => '',
			'summary' => 'May 26, Kathmandu: Newly appointed ambassadors of Nepal to different countries have said that they will be taking the responsibility of marketing for Nepal in the countries where they have been designated. The envoys expressed these views during an interaction with officials of the Conf',
			'content' => '<p style="text-align: justify;">May 26, Kathmandu: Newly appointed ambassadors of Nepal to different countries have said that they will be taking the responsibility of marketing for Nepal in the countries where they have been designated. The envoys expressed these views during an interaction with officials of the Confederation of Nepalese Industries (CNI) on May 25.</p>

<p style="text-align: justify;">&nbsp;The Government of Nepal had appointed Prof. Dr &nbsp;&nbsp;Choplal Bhusal as the Ambassador of Nepal to Bangladesh, Bhimkumar Udas as Ambassador of Nepal to Myanmar, Prof. Dr Mahendra Prasad Singh as Ambassador of Nepal to Saudi Arabia and Bharat Bahadur Rayamajhi as Ambassador of Nepal to Spain. All the ambassadors expressed their interest to improve Nepal&#39;s economic relations with the respective countries .</p>

<p style="text-align: justify;">Satish Kumar Mor, Acting President of CNI said that Nepal needs to work on tourism business with these countries as it is expanding its relations in terms of economic and social aspects with them.&nbsp;</p>

<p style="text-align: justify;">Krishna Prasad Adhikari, Vice-President of CNI said that there are a lot of things yet to be done regarding trade and transit with Bangladesh. So, he requested Ambassador Bhusal to help in such issues. &nbsp;&quot;It would be easier to bring investment from Bangladesh if we worked on transit route and electricity transmission lines,&quot; he said.</p>

<p style="text-align: justify;">Another Vice-President of CNI Vishnu Kumar Agrawal said that the government should focus on economic diplomacy to attract investment and to work in expansion of trade and tourism.</p>

<p style="text-align: justify;">Similarly, Nirvana Chaudhary, another vice-president of CNI said that it is necessary to coordinate with the government institutions and business sector for partnership expansion in business and entrepreneurship with the respective countries.</p>

<p style="text-align: justify;">&nbsp;Despite many opportunities and possibilities, Nepal lacks proper marketisation. Due to this, we are not able to carry on our exports as expected and expand our tourism business. Therefore, the CNI officials requested the newly appointed representatives of Nepal to use all their resources to help in Nepal&#39;s economic growth.</p>
',
			'published' => true,
			'created' => '2017-05-26',
			'modified' => '2017-05-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5732',
			'image' => null,
			'article_date' => '2017-05-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5946',
			'article_category_id' => '1',
			'title' => 'Government to Prioritise ongoing Projects',
			'sub_title' => '',
			'summary' => 'May 26: President Bidya Devi Bhandari presented the government's policies and programmes for the upcoming FY 2017/18 in the parliament on May 25.',
			'content' => '<p style="text-align: justify;">May 26: President Bidya Devi Bhandari presented the government&#39;s policies and programmes for the upcoming FY 2017/18 in the parliament on May 25.</p>

<p style="text-align: justify;">Bhandari presented the policies and programmes as per the provision to present it before unveiling the budget in parliament. The policies and programmes is to give continuity to the ongoing plans and projects. The government is not including new programmes in view of the code of conduct of the second phase of local elections to be held on June 14.</p>

<p style="text-align: justify;">However, necessary policies and programmes have been included with the implementation of federalism in the country. The policies and programmes has included among other things, speeding up reconstruction works, management of human resource needed in the local level as well resources and human resource needed in the provinces.</p>

<p style="text-align: justify;">Similarly, the policies and programmes has also emphasized on increasing economic growth, encouraging agricultural and livestock insurance, continuing construction of irrigation projects, use of available technology in irrigation as well as making agricultural programmes effective.&nbsp;&nbsp;</p>

<p style="text-align: justify;">Likewise, the policies and programmes also aims to give continuity to the campaign of ending load shedding in Nepal with a view to making a &lsquo;Bright Nepal&rsquo; by developing reservoir projects including the national pride Budhigandaki Hydro Power Project.</p>

<p style="text-align: justify;">President Bhandari while presenting the policies and programmes said with the effective implementation of the &#39;Bright Nepal campaign&#39;, the country will be made self-reliant in electricity generation.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-26',
			'modified' => '2017-05-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5731',
			'image' => null,
			'article_date' => '2017-05-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5945',
			'article_category_id' => '1',
			'title' => 'Hyundai Exchange Camp from today',
			'sub_title' => '',
			'summary' => 'May 26: Hyundai Showroom Pokhara, under Laxmi Intercontinental, the authorized distributor of Hyundai for Nepal has organized a three days exchange camp starting today.  The camp that offers exchange facility to any model of Hyundai vehicle will end on May 28, said the company in a press statement.',
			'content' => '<p style="text-align: justify;">May 26: Hyundai Showroom Pokhara, under Laxmi Intercontinental, the authorized distributor of Hyundai for Nepal has organized a three days exchange camp starting today. &nbsp;The camp that offers exchange facility to any model of Hyundai vehicle will end on May 28, said the company in a press statement.</p>

<p style="text-align: justify;">&ldquo;Along with the exchange offer, Hyundai also offers cash discount, on the spot finance and bonus on valuation and exchange,&rdquo; said Bhim Singh Khatri, Sales and Operation In charge. Moreover, visitors can also participate in Test Drive and Win contest during the camp. Among the test drive participants, one lucky customer will be provided a smartphone through a lucky draw, read the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-26',
			'modified' => '2017-05-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5730',
			'image' => '20170526034443_hyundai.jpg',
			'article_date' => '2017-05-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '5944',
			'article_category_id' => '1',
			'title' => 'Lenovo ‘Cash Back’ Offer',
			'sub_title' => '',
			'summary' => 'May 26: Life com, the authorized distributor of Lenovo smartphone has launched Monsoon Cash Back offer. The offer to be valid from May 26 to July 15 will provide cash back on every purchase of Lenovo smartphone. Customers will get Rs 1000 cash back on the purchase of K6 and Rs 500 cash back on A6600, ',
			'content' => '<p style="text-align: justify;">May 26: Life com, the authorized distributor of Lenovo smartphone has launched Monsoon Cash Back offer. The offer to be valid from May 26 to July 15 will provide cash back on every purchase of Lenovo smartphone. Customers will get Rs 1000 cash back on the purchase of K6 and Rs 500 cash back on A6600, said the bank in a press statement.&nbsp;</p>
',
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			'created' => '2017-05-26',
			'modified' => '2017-05-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5729',
			'image' => '20170526031626_lenovo.jpg',
			'article_date' => '2017-05-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
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View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
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$articles = array(
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		'Article' => array(
			'id' => '5958',
			'article_category_id' => '1',
			'title' => 'Sagarmatha Finance’s Branch at Illam',
			'sub_title' => '',
			'summary' => 'May 29: Sagarmatha Finance has started a branch at Illam Bazaar, Illam. Dr Nabil Kishor Rai and Sharan Dev Rai, Promoters duo of the company jointly inaugurated the branch amid a program on May 28.This is the 13th branch of the company.',
			'content' => '<p style="text-align: justify;">May 29: Sagarmatha Finance has started a branch at Illam Bazaar, Illam. Dr Nabil Kishor Rai and Sharan Dev Rai, Promoters duo of the company jointly inaugurated the branch amid a program on May 28.This is the 13<sup>th</sup> branch of the company.</p>

<p style="text-align: justify;">The Finance Company, headquartered at Manbhawan, Lalitpur, has extended its branch to Ga:bahal of Lalitpur and Birtamod and Damak of Jhapa. Similarly, it also has branch in Itahari and Dharan of Sunsari, Biratnagar of Morang, Salleri of Solukhumbu and Okhaldhunga Bazaar of Okhaldhunga. Likewise, the finance company has branches in Diktel of Khotang, Bhojpur Bazaar of Bhojpur, Fungling of Taplejung and Phidim of Panchthar.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5743',
			'image' => '20170529122335_sagarmatha.jpg',
			'article_date' => '2017-05-29 00:00:00',
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			'id' => '5957',
			'article_category_id' => '1',
			'title' => 'Siddhartha Bank Starts Branch at Palpa',
			'sub_title' => '',
			'summary' => 'May 29: Siddhartha Bank has started a branch at Tansen, Palpa. Mahesh Prasad Pokharel and Bhagat Bista, Directors of the bank jointly inaugurated the branch amid a program on May 28. According to the bank, the branch will provide overall banking services. Presently, the bank is providing its services through 70 branches, two extension c',
			'content' => '<p style="text-align:justify">May 29: Siddhartha Bank has started a branch at Tansen, Palpa. Mahesh Prasad Pokharel and Bhagat Bista, Directors of the bank jointly inaugurated the branch amid a program on May 28. According to the bank, the branch will provide overall banking services. Presently, the bank is providing its services through 70 branches, two extension counters, 88 ATMs and 70 branchless banking units.</p>

<p style="text-align:justify">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5742',
			'image' => '20170529121437_siddhartha.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 2 => array(
		'Article' => array(
			'id' => '5956',
			'article_category_id' => '1',
			'title' => 'Janata Bank to acquire Siddhartha Devt Bank',
			'sub_title' => '',
			'summary' => 'May 29: Janata Bank is set to acquire Siddhartha Development Bank.   A special general meeting of Janata Bank held on May 27 approved a proposal regarding the acquisition. The meeting which was held under the chairmanship of Keshav',
			'content' => '<p style="text-align:justify">May 29: Janata Bank is set to acquire Siddhartha Development Bank.&nbsp;&nbsp; A special general meeting of Janata Bank held on May 27 approved a proposal regarding the acquisition. The meeting which was held under the chairmanship of Keshav Bahadur Raymajhi, Chairman of the bank approved the swap ratio of 1:1.</p>

<p style="text-align:justify">After the acquisition, the paid-up capital of the bank will reach Rs 7 billion. Issuing a press statement, the bank informed of issuing bonus share by the end of current FY in a bid to meet the cap of minimum paid-up capital of Rs 8 billion.</p>

<p style="text-align:justify">According to the bank, it will have deposit collection of Rs 51 billion and loan extension of Rs 48 billion after the acquisition. Similarly, number of branches and ATM outlets will increase to 112 and 60 respectively.</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5741',
			'image' => '20170529121130_janata.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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	(int) 3 => array(
		'Article' => array(
			'id' => '5955',
			'article_category_id' => '1',
			'title' => 'Sunrise Bank Starts Branch at Kalikasthan',
			'sub_title' => '',
			'summary' => 'May 22: Sunrise Bank has started a branch in its own building at Kalikasthan, Kathmandu. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the branch amid a program on May 28.',
			'content' => '<p style="text-align: justify;">May 22: Sunrise Bank has started a branch in its own building at Kalikasthan, Kathmandu. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the branch amid a program on May 28.</p>

<p style="text-align: justify;">The bank transformed the head office of earlier Narayani National Finance to a branch.&nbsp; According to the bank,&nbsp; the branch also provides locker services to the customers. Presently, the bank is providing its services through 70 branches and 80 ATM outlets.</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5740',
			'image' => '20170529115450_sunrise.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5954',
			'article_category_id' => '1',
			'title' => 'IPO to Individual Investors Only',
			'sub_title' => '',
			'summary' => 'May 29: As per the new mechanism introduced by Securities Board of Nepal (SEBON) under Securities Issue and Allotment Guideline, 2074, now onwards only individual investors are eligible to apply for initial public offering (IPO). SEBON, terminating earlier mechanism under which institutions and companies could also apply for the IPO, has decided to prioritize individual investors in IPOs.',
			'content' => '<p style="text-align: justify;">May 29: As per the new mechanism introduced by Securities Board of Nepal (SEBON) under Securities Issue and Allotment Guideline, 2074, now onwards only individual investors are eligible to apply for initial public offering (IPO). SEBON, terminating earlier mechanism under which institutions and companies could also apply for the IPO, has decided to prioritize individual investors in IPOs.</p>

<p style="text-align: justify;">With the decision, SEBON ensured allocation of at least 10 units of IPO shares to all investors possibly. &nbsp;However, the guideline allows other investors to apply for the IPO if the issue is undersubscribed. &ldquo;The mechanism will boost investors&rsquo; participations in initial issue that will ultimately expand secondary capital market,&rdquo; said Dr Rewat Bahadur Karki, Chairman of SEBON.</p>

<p style="text-align: justify;">Along with implementation of Securities Registration and Issue Regulation, 2073, the directive also encourages real sector to enter capital market, premium fixation of securities and limits the time period of share listing to two months from earlier six months, as per the board. &ldquo;Given that the board has already made ASBA compulsory from upcoming FY, the board expects that the capital market will flourish in coming days with the increased accessibility of investors in the capital market,&rdquo; said Karki.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-29',
			'modified' => '2017-05-29',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5739',
			'image' => '20170529113812_sebon.jpg',
			'article_date' => '2017-05-29 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5953',
			'article_category_id' => '1',
			'title' => 'Donor Agencies to Contribute 75 percent in reconstruction Budget',
			'sub_title' => '',
			'summary' => 'May 28: Donor agencies are to contribute 75.33 per cent of the total budget ceiling to be allocated on various activities related to reconstruction in the upcoming fiscal year 2074-75 BS.',
			'content' => '<p style="text-align: justify;">May 28: Donor agencies are to contribute 75.33 per cent of the total budget ceiling to be allocated on various activities related to reconstruction in the upcoming fiscal year 2074-75 BS.</p>

<p style="text-align: justify;">Out of Rs 1.46 billion, which the National Reconstruction Authority (NRA) has received as budget ceiling for the coming fiscal year, only 24.67 per cent amount or Rs 36 billion comes from the internal sources.&nbsp;</p>

<p style="text-align: justify;">In the current fiscal year 2073/74 BS, out of the total reconstruction budget of Rs 109 billion, 74.32 per cent is the grant and subsidized loans from donor agencies and 25.68 per cent is the internal budget.</p>

<p style="text-align: justify;">Though the government has given much priority to the reconstruction work, it is seen that the grants and loans seems higher in the budget due to not being able to manage internal budget, which is creating problems in budget mobilization. The capital expenditure is higher lately, whereas the current expenditure used to be higher in the reconstruction sector in the past.</p>

<p style="text-align: justify;">According to an official of the Authority, the donor agencies don&rsquo;t provide the budget on time and there are many contradictory policies of each agency.&nbsp;</p>

<p style="text-align: justify;">According to Spokesperson of NRA, Yamlal Bhusal, the World Bank, Asian Development Bank (ADB), JICA and India are the major contributors to the Authority, among 23 donor agencies that have been supporting development initiatives in Nepal.</p>

<p style="text-align: justify;">He said that the Authority has been granted a less ceiling for the next fiscal year though it had asked for a budget of Rs 200 billion.</p>

<p style="text-align: justify;">&quot;Keeping this in mind, we have been prioritizing programmes such as integrated settlement development and relocation of settlements,&quot; Bhusal said.</p>

<p style="text-align: justify;">According to the Authority, private residences, governmental buildings, security bodies&#39; buildings, local infrastructures like small roads, drinking water and irrigation, archaeological heritages, strategic roads, livelihood related activities will also be continued in the upcoming fiscal year.</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5738',
			'image' => null,
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5952',
			'article_category_id' => '1',
			'title' => 'Energy Ministry Demands Rs 15 billion Budget for FY 2074/75',
			'sub_title' => '',
			'summary' => 'May 28: Ministry of Energy has demanded budget of Rs 15 billion for the upcoming FY 2074/75 equivalent to budget ceiling given by Nepal Planning Commission (NPC). “For now, the budget ceiling given by NPC should be considered the budget demand of the ministry,” said Prabin Raj Aryal, Head of planning department at the ministry.',
			'content' => '<p style="text-align: justify;">May 28: Ministry of Energy has demanded budget of Rs 15 billion for the upcoming FY 2074/75 equivalent to budget ceiling given by Nepal Planning Commission (NPC). &ldquo;For now, the budget ceiling given by NPC should be considered the budget demand of the ministry,&rdquo; said Prabin Raj Aryal, Head of planning department at the ministry.</p>

<p style="text-align: justify;">NPC had given budget ceiling of Rs 15.01 billion to the energy ministry which is Rs 1.81 billion more than the allocated budget of the previous FY. During the previous FY, the ministry received budget of Rs 13.20 billion. Similarly, the budget ceiling for capital expenditure is nine folds more than for the current expenditure. According to it, Rs 9.86 billion has been allocated to capital expenditure.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5737',
			'image' => '20170528024426_moe.JPG',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5951',
			'article_category_id' => '1',
			'title' => 'Siddhartha Bank Starts Branch at Kawasoti',
			'sub_title' => '',
			'summary' => 'May 28: Siddhartha Bank has started a branch at Kawasoti, Nawalparasi. Mahesh Prasad Pokharel and Bhagat Bista, Directors of the bank jointly inaugurated the branch amid a program on May 26. According to the bank, the branch will provide overall banking services including ATM. Presently, the bank is providing its services through 70 b',
			'content' => '<p style="text-align: justify;">May 28: Siddhartha Bank has started a branch at Kawasoti, Nawalparasi. Mahesh Prasad Pokharel and Bhagat Bista, Directors of the bank jointly inaugurated the branch amid a program on May 26. According to the bank, the branch will provide overall banking services including ATM. Presently, the bank is providing its services through 70 branches, two extension counters, 88 ATMs and 70 branchless banking units.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5736',
			'image' => '20170528122653_kawasoti.jpg',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5950',
			'article_category_id' => '1',
			'title' => 'Fewa Bikas Bank Opens ATM Outlet in Nayagaun',
			'sub_title' => '',
			'summary' => 'May 28: Fewa Bikas Bank has started an ATM outlet in Nayagaun, Butwal. Resham Bahadur Thapa, CEO of the bank and Lokananda Maharaj, Pithathis Swami of Swami Narayan Muktinathdham Nayagaun jointly inaugurated the branch amid a program on May 26. Presently, the bank is providing its services nationwide through 29 bra',
			'content' => '<p style="text-align: justify;">May 28: Fewa Bikas Bank has started an ATM outlet in Nayagaun, Butwal. Resham Bahadur Thapa, CEO of the bank and Lokananda Maharaj, Pithathis Swami of Swami Narayan Muktinathdham Nayagaun jointly inaugurated the branch amid a program on May 26. Presently, the bank is providing its services nationwide through 29 branches and 16 ATM outlets.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5735',
			'image' => '20170528121643_fewa.jpg',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5949',
			'article_category_id' => '1',
			'title' => 'Vibor Society Devt Bank’s Branch in Butwal',
			'sub_title' => '',
			'summary' => 'May 28: Vibor Society Development Bank, headquartered in Kathmandu, has opened a new branch at Butwal. The newly opened branch is 46th branch of the bank. Narayan Prasad Poudel, Executive Director of Nepal RAstra Bank, inaugurated the branch amid a program. In the program, Dr Ishwor Gautam, Campus Chief of Lumbini Commerce Campus requested the bank to provide superior and public oriented services. The program was addressed by Moti Lal Pandey, President of Rupandehi Trade Asso',
			'content' => '<p style="text-align: justify;">May 28: Vibor Society Development Bank, headquartered in Kathmandu, has opened a new branch at Butwal. The newly opened branch is 46<sup>th</sup> branch of the bank. Narayan Prasad Poudel, Executive Director of Nepal RAstra Bank, inaugurated the branch amid a program. In the program, Dr Ishwor Gautam, Campus Chief of Lumbini Commerce Campus requested the bank to provide superior and public oriented services. The program was addressed by Moti Lal Pandey, President of Rupandehi Trade Association and Harish Chandra Gautam along others.</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5734',
			'image' => '20170528113001_vibor.jpg',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5948',
			'article_category_id' => '1',
			'title' => 'Siddhartha Devt Bank to be acquired by Janata Bank',
			'sub_title' => '',
			'summary' => 'May 28: Siddhartha Development Bank is set to acquire by Janata Bank.   A special general meeting of Siddhartha Development Bank held on May 26 approved a',
			'content' => '<p style="text-align: justify;">May 28: Siddhartha Development Bank is set to acquire by Janata Bank. &nbsp;&nbsp;A special general meeting of Siddhartha Development Bank held on May 26 approved a proposal regarding the acquisition. The meeting approved the acquisition proposal based on the due diligence audit (DDA) report that fixed a swap ratio of 1:1.</p>

<p style="text-align: justify;">Moreover, the meeting also endorsed a merger agreement paper prepared by BOD and presented by Ram Bahadur Bhandari, Chairman of the bank along with decisions made by joint merger and acquisition committee.</p>

<p style="text-align: justify;">&ldquo;The merged entity will have seven board of directors including five from Janata Bank and two from Siddhartha Development Bank,&rdquo; said chairman Bhandari.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-28',
			'modified' => '2017-05-28',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5733',
			'image' => '20170528112802_vibor.jpg',
			'article_date' => '2017-05-28 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5947',
			'article_category_id' => '1',
			'title' => 'We are Responsible for Promoting Country: Ambassadors',
			'sub_title' => '',
			'summary' => 'May 26, Kathmandu: Newly appointed ambassadors of Nepal to different countries have said that they will be taking the responsibility of marketing for Nepal in the countries where they have been designated. The envoys expressed these views during an interaction with officials of the Conf',
			'content' => '<p style="text-align: justify;">May 26, Kathmandu: Newly appointed ambassadors of Nepal to different countries have said that they will be taking the responsibility of marketing for Nepal in the countries where they have been designated. The envoys expressed these views during an interaction with officials of the Confederation of Nepalese Industries (CNI) on May 25.</p>

<p style="text-align: justify;">&nbsp;The Government of Nepal had appointed Prof. Dr &nbsp;&nbsp;Choplal Bhusal as the Ambassador of Nepal to Bangladesh, Bhimkumar Udas as Ambassador of Nepal to Myanmar, Prof. Dr Mahendra Prasad Singh as Ambassador of Nepal to Saudi Arabia and Bharat Bahadur Rayamajhi as Ambassador of Nepal to Spain. All the ambassadors expressed their interest to improve Nepal&#39;s economic relations with the respective countries .</p>

<p style="text-align: justify;">Satish Kumar Mor, Acting President of CNI said that Nepal needs to work on tourism business with these countries as it is expanding its relations in terms of economic and social aspects with them.&nbsp;</p>

<p style="text-align: justify;">Krishna Prasad Adhikari, Vice-President of CNI said that there are a lot of things yet to be done regarding trade and transit with Bangladesh. So, he requested Ambassador Bhusal to help in such issues. &nbsp;&quot;It would be easier to bring investment from Bangladesh if we worked on transit route and electricity transmission lines,&quot; he said.</p>

<p style="text-align: justify;">Another Vice-President of CNI Vishnu Kumar Agrawal said that the government should focus on economic diplomacy to attract investment and to work in expansion of trade and tourism.</p>

<p style="text-align: justify;">Similarly, Nirvana Chaudhary, another vice-president of CNI said that it is necessary to coordinate with the government institutions and business sector for partnership expansion in business and entrepreneurship with the respective countries.</p>

<p style="text-align: justify;">&nbsp;Despite many opportunities and possibilities, Nepal lacks proper marketisation. Due to this, we are not able to carry on our exports as expected and expand our tourism business. Therefore, the CNI officials requested the newly appointed representatives of Nepal to use all their resources to help in Nepal&#39;s economic growth.</p>
',
			'published' => true,
			'created' => '2017-05-26',
			'modified' => '2017-05-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5732',
			'image' => null,
			'article_date' => '2017-05-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5946',
			'article_category_id' => '1',
			'title' => 'Government to Prioritise ongoing Projects',
			'sub_title' => '',
			'summary' => 'May 26: President Bidya Devi Bhandari presented the government's policies and programmes for the upcoming FY 2017/18 in the parliament on May 25.',
			'content' => '<p style="text-align: justify;">May 26: President Bidya Devi Bhandari presented the government&#39;s policies and programmes for the upcoming FY 2017/18 in the parliament on May 25.</p>

<p style="text-align: justify;">Bhandari presented the policies and programmes as per the provision to present it before unveiling the budget in parliament. The policies and programmes is to give continuity to the ongoing plans and projects. The government is not including new programmes in view of the code of conduct of the second phase of local elections to be held on June 14.</p>

<p style="text-align: justify;">However, necessary policies and programmes have been included with the implementation of federalism in the country. The policies and programmes has included among other things, speeding up reconstruction works, management of human resource needed in the local level as well resources and human resource needed in the provinces.</p>

<p style="text-align: justify;">Similarly, the policies and programmes has also emphasized on increasing economic growth, encouraging agricultural and livestock insurance, continuing construction of irrigation projects, use of available technology in irrigation as well as making agricultural programmes effective.&nbsp;&nbsp;</p>

<p style="text-align: justify;">Likewise, the policies and programmes also aims to give continuity to the campaign of ending load shedding in Nepal with a view to making a &lsquo;Bright Nepal&rsquo; by developing reservoir projects including the national pride Budhigandaki Hydro Power Project.</p>

<p style="text-align: justify;">President Bhandari while presenting the policies and programmes said with the effective implementation of the &#39;Bright Nepal campaign&#39;, the country will be made self-reliant in electricity generation.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-26',
			'modified' => '2017-05-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5731',
			'image' => null,
			'article_date' => '2017-05-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5945',
			'article_category_id' => '1',
			'title' => 'Hyundai Exchange Camp from today',
			'sub_title' => '',
			'summary' => 'May 26: Hyundai Showroom Pokhara, under Laxmi Intercontinental, the authorized distributor of Hyundai for Nepal has organized a three days exchange camp starting today.  The camp that offers exchange facility to any model of Hyundai vehicle will end on May 28, said the company in a press statement.',
			'content' => '<p style="text-align: justify;">May 26: Hyundai Showroom Pokhara, under Laxmi Intercontinental, the authorized distributor of Hyundai for Nepal has organized a three days exchange camp starting today. &nbsp;The camp that offers exchange facility to any model of Hyundai vehicle will end on May 28, said the company in a press statement.</p>

<p style="text-align: justify;">&ldquo;Along with the exchange offer, Hyundai also offers cash discount, on the spot finance and bonus on valuation and exchange,&rdquo; said Bhim Singh Khatri, Sales and Operation In charge. Moreover, visitors can also participate in Test Drive and Win contest during the camp. Among the test drive participants, one lucky customer will be provided a smartphone through a lucky draw, read the statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-26',
			'modified' => '2017-05-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5730',
			'image' => '20170526034443_hyundai.jpg',
			'article_date' => '2017-05-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5944',
			'article_category_id' => '1',
			'title' => 'Lenovo ‘Cash Back’ Offer',
			'sub_title' => '',
			'summary' => 'May 26: Life com, the authorized distributor of Lenovo smartphone has launched Monsoon Cash Back offer. The offer to be valid from May 26 to July 15 will provide cash back on every purchase of Lenovo smartphone. Customers will get Rs 1000 cash back on the purchase of K6 and Rs 500 cash back on A6600, ',
			'content' => '<p style="text-align: justify;">May 26: Life com, the authorized distributor of Lenovo smartphone has launched Monsoon Cash Back offer. The offer to be valid from May 26 to July 15 will provide cash back on every purchase of Lenovo smartphone. Customers will get Rs 1000 cash back on the purchase of K6 and Rs 500 cash back on A6600, said the bank in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-26',
			'modified' => '2017-05-26',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5729',
			'image' => '20170526031626_lenovo.jpg',
			'article_date' => '2017-05-26 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
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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