Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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			'id' => '5912',
			'article_category_id' => '1',
			'title' => 'Gorkha Brewery Installs Solar Lights in Dharan',
			'sub_title' => '',
			'summary' => 'May 19: Solar lights and CCTV cameras have been installed in Soti River, Bagarkot, Dharan with a support of Gorkha Brewery. 22 solar lights and three CCTV cameras have been installed in the area with the support. Earlier, the company also provided support on installation of 21 solar lights at Hattisar, Kathmandu. The company extended t',
			'content' => '<p style="text-align: justify;">May 19: Solar lights and CCTV cameras have been installed in Soti River, Bagarkot, Dharan with a support of Gorkha Brewery. 22 solar lights and three CCTV cameras have been installed in the area with the support. Earlier, the company also provided support on installation of 21 solar lights at Hattisar, Kathmandu. The company extended the support in collaboration with police and local people. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5697',
			'image' => '20170519021115_gorkha brewery.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5911',
			'article_category_id' => '1',
			'title' => 'Yeti and UNDP Inks Deal for SDGs',
			'sub_title' => '',
			'summary' => 'May 19: A Nepali domestic airlines company, Yeti Airlines and United Nation Development Program (UNDP) has inked a new agreement.',
			'content' => '<p style="text-align: justify;">May 19: A Nepali domestic airlines company, Yeti Airlines and United Nation Development Program (UNDP) has inked a new agreement.</p>

<p style="text-align: justify;">Yeti Airlines and UNDP made the agreement regarding promotion and achievement of sustainable development goals (SDGs) of Nepal. Renaud Meyer, Country Director, UNDP Nepal and Umesh Chandra Rai, CEO of Yeti Airlines signed the agreement paper on May 18.</p>

<p style="text-align: justify;">The SDGs target to end worldwide poverty by2030. Under the agreement, the UNDP and Yeti Airlines will collaborate to raise awareness on the SDGs.&nbsp;</p>
',
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			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5696',
			'image' => '20170519020244_yeti.jpg',
			'article_date' => '2017-05-19 00:00:00',
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		'Article' => array(
			'id' => '5910',
			'article_category_id' => '1',
			'title' => 'SEBON Raises Paid-up capital of Securities Brokers by 10folds',
			'sub_title' => '',
			'summary' => 'May 19: As per the first amendment of Securities Businessperson Regulation made by Securities board of Nepal (SEBON), securities broker companies are required to increase their paid-up capital by 10 folds to Rs 20 million. Earlier the paid-up capital was Rs 2 million.',
			'content' => '<p style="text-align: justify;">May 19: As per the first amendment of Securities Businessperson Regulation made by Securities board of Nepal (SEBON), securities broker companies are required to increase their paid-up capital by 10 folds to Rs 20 million. Earlier the paid-up capital was Rs 2 million.</p>

<p style="text-align: justify;">The first amendment of the regulation has also set new mechanism for branch expansion of broker companies. According to the amended regulation, &nbsp;brokers companies are compelled to obtain approval from SEBON before their branch expansion. The regulation authorizes SEBON of setting required infrastructure and other conditions for broker companies as well.</p>

<p style="text-align: justify;">&ldquo;The amendment has been made to make the services of broker companies nationwide and manageable,&rdquo; said SEBON. Similarly, as per the amended regulation, the head office of any broker company must be lead by commerce, management, economy, law graduate or a chartered accountant. Moreover, these stock brokers must employ at least five employees including compliance officer and information technology officer in their offices.&nbsp;</p>

<p style="text-align: justify;"><img alt="" src="/userfiles/images/sebon.jpg" style="height:565px; width:409px" /></p>
',
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			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5695',
			'image' => '20170519014612_sebon.jpg',
			'article_date' => '2017-05-19 00:00:00',
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		'Article' => array(
			'id' => '5909',
			'article_category_id' => '1',
			'title' => 'Sanjen Hydropower Appoints CIT as Issue Manager',
			'sub_title' => '',
			'summary' => 'May 19: Sanjen Hydropower Company has appointed an issue manager for its upcoming share issuance.  Sanjen appointed Citizens’ Investment Trust (CIT) as a lead issue manager to be supported by five other companies as assisting issue managers.',
			'content' => '<p style="text-align: justify;">May 19: Sanjen Hydropower Company has appointed an issue manager for its upcoming share issuance. &nbsp;Sanjen appointed Citizens&rsquo; Investment Trust (CIT) as a lead issue manager to be supported by five other companies as assisting issue managers.</p>

<p style="text-align: justify;">CIT signed an agreement with NCM Merchant Banking, Civil Capital Market, Prabhu Capital, NMB Capital and Global IME Capital regarding the share issuance on May 18.</p>

<p style="text-align: justify;">Ram Krishna Pokharel, Executive Director of CIT, Bijay Lal Shrestha, Managing Director of NCM, Parag Bista, CEO of Civil, Shanker Prasad Kalikota, General Manager of Prabhu Capital, Srijesh Ghimire, CEO of NMB Capital and Paras Mani Dhakal, CEO of Global IME Capital signed the agreement amid a program.</p>

<p style="text-align: justify;">&ldquo;The agreement was carried out to issue shares of first phase. Under this, group &lsquo;C&rsquo; shares allocated to employees of creditors&rsquo; company, promoter shares to employees, group &lsquo;D&rsquo; shares allocated to depositors of Employees Provident Fund (EPF)totaling 8,760,000 units of shares will be issued,&rdquo; said Udhav Silwal, Information Officer of CIT.&nbsp;</p>
',
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			'modified' => '2017-05-19',
			'keywords' => '',
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			'sortorder' => '5694',
			'image' => '20170519125919_Sanjen.jpg',
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			'id' => '5908',
			'article_category_id' => '1',
			'title' => 'Kwid Rolls out in Dang Market',
			'sub_title' => '',
			'summary' => 'May 19: Joshi Autovilla, Ghorahi has initiated sales of Kwid car in Dang. “Autovilla started the sales of Kwid in the absence of an official showroom,” said Aayush Shrestha, managing director of Autovilla. “The district does not have any dealer for the Kwid. I started the sales of the car for the first time in the area. Customers are gradually b',
			'content' => '<p style="text-align: justify;">May 19: Joshi Autovilla, Ghorahi has initiated sales of Kwid car in Dang. &ldquo;Autovilla started the sales of Kwid in the absence of an official showroom,&rdquo; said Aayush Shrestha, managing director of Autovilla. &ldquo;The district does not have any dealer for the Kwid. I started the sales of the car for the first time in the area. Customers are gradually being attracted to the car,&rdquo; he added.</p>

<p style="text-align: justify;">Advance Automobile, the authorized distributor of Renault Kwid launched the car during the last Dashain. The car with advance features has been priced Rs 1.8 million to Rs 5.6 million in the domestic market, informed Shrestha. Kwid, a product of French carmaker company is the top selling car of India. Because of its best ground clearance, it is suitable to Nepali territory as well, Shrestha stated.&nbsp;</p>
',
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			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5693',
			'image' => '20170519113646_kwid.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '5907',
			'article_category_id' => '1',
			'title' => 'Civil Bank Endorses Bonus',
			'sub_title' => '',
			'summary' => 'May 19: Civil Bank Ltd is distributing nearly three percent bonus to its shareholders. The 6th annual general meeting of the bank held on May 18 endorsed a proposal regarding the bonus. Moreover, the meeting also endorsed a Due Diligence Audit (DDA) report of Unique Finance and Hama Merchant Finance submitted by valuator J B Rajbhandary an',
			'content' => '<p style="text-align: justify;">May 19: Civil Bank Ltd is distributing nearly three percent bonus to its shareholders. The 6<sup>th</sup> annual general meeting of the bank held on May 18 endorsed a proposal regarding the bonus. Moreover, the meeting also endorsed a Due Diligence Audit (DDA) report of Unique Finance and Hama Merchant Finance submitted by valuator J B Rajbhandary and DiBins for acquirement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5692',
			'image' => '20170519110910_civil bank.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5906',
			'article_category_id' => '1',
			'title' => 'NIC Asia Bank Starts 4 New Branches in Its Network',
			'sub_title' => '',
			'summary' => 'May 19: NIC Asia Bank has started new branches in four locations. The bank inaugurated the new branches organizing separate programs on May 18.',
			'content' => '<p style="text-align: justify;">May 19: NIC Asia Bank has started new branches in four locations. The bank inaugurated the new branches organizing separate programs on May 18.</p>

<p style="text-align: justify;">The bank&rsquo;s branch at Manigram was inaugurated by Gunanidhi Bhandari, President of Tilotama Chamber of Commerce and Industries; the branch at Nayapul, Kaski was inaugurated by Kul Bahadur Gurung, local of Kaski; the branch at Saljhandi was inaugurated by Raj Bahadur Chettri, President of Sainamaina Chamber of Commerce and Industries; and the branch at Rudrapur was inaugurated by Surendra Prasad Shrestha, central member of FNCCI.&nbsp;</p>
',
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			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5691',
			'image' => '20170519110003_nic.jpg',
			'article_date' => '2017-05-19 00:00:00',
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		'Article' => array(
			'id' => '5905',
			'article_category_id' => '1',
			'title' => 'Cyber Law in the offing',
			'sub_title' => '',
			'summary' => 'May 18: Nepal Telecommunication Authority has started working on cyber law formulation. According to Digambar Jha, Chairman of NEA, policies and strategies related with cyber law has already been set and NEA, with a support of ITU, has already initiated the process of formulating the cyber law. “Presently, many worldwide countries',
			'content' => '<p style="text-align:justify">May 18: Nepal Telecommunication Authority has started working on cyber law formulation. According to Digambar Jha, Chairman of NEA, policies and strategies related with cyber law has already been set and NEA, with a support of ITU, has already initiated the process of formulating the cyber law. &ldquo;Presently, many worldwide countries are going through cyber security threats. Thus cyber law is essential to prevent any cyber threats and assure cyber security to general people,&rdquo; Jha said.</p>

<p style="text-align:justify">Meanwhile, NEA is supporting Nepal police in building digital forensic lab. NEA is providing financial support to purchase required equipments for the lab. Jha informed that in a bid to utilize and manage the same lab for cyber crimes investigation, NEA is extending its support to Nepal Police.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5690',
			'image' => '20170518030145_cyber.jpg',
			'article_date' => '2017-05-18 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5904',
			'article_category_id' => '1',
			'title' => 'Finance Ministry Approves License of 10 Life Insurance Companies',
			'sub_title' => '',
			'summary' => 'May 18: Ministry of Finance has approved of providing license to 10 new life insurance companies. Krishna Bahadur Mahara, Deputy Prime Minister and Finance Minister of Nepal approved Insurance Board (IB) to grant license to 10 out of 12 life insurance companies on May 17.',
			'content' => '<p style="text-align: justify;">May 18: Ministry of Finance has approved of providing license to 10 new life insurance companies. Krishna Bahadur Mahara, Deputy Prime Minister and Finance Minister of Nepal approved Insurance Board (IB) to grant license to 10 out of 12 life insurance companies on May 17.</p>

<p style="text-align: justify;">The to-be established new insurance companies required to have paid-up capital of Rs 2 billion. After the licensing of 10 new companies, Nepal will have 19 life insurance companies. Presently, nine insurance companies are operating in Nepal. According to Finance Minister, it approved license of Reliable Life Insurance, Citizen Life Insurance, Star Life Insurance, Reliance Life Insurance, Sun Life Insurance, IME Life Insurance, Mahalaxmi Life Insurance, Jyoti Life Insurance, Sanima Life Insurance and Union Life Insurance.</p>

<p style="text-align: justify;">Similarly, according to Insurance Board, five non-life insurance are also waiting for their license. With the additions, number of non-life insurance will reach 22.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5689',
			'image' => '20170518022203_finance-ministry.jpg',
			'article_date' => '2017-05-18 00:00:00',
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	(int) 9 => array(
		'Article' => array(
			'id' => '5903',
			'article_category_id' => '1',
			'title' => 'Upper Tamakoshi Hydropower Concludes 9th AGM',
			'sub_title' => '',
			'summary' => 'May 18: Upper Tamakoshi Hydropower Company Ltd has concluded its 9th annual general meeting on May 17. The meeting endorsed the annual report and financial report of the FY 2072/73 presented by Kul Man Ghising, Chairman of the company. The meeting also approved the appointment and fee of auditor for the FY 207',
			'content' => '<p style="text-align: justify;">May 18: Upper Tamakoshi Hydropower Company Ltd has concluded its 9<sup>th</sup> annual general meeting on May 17. The meeting endorsed the annual report and financial report of the FY 2072/73 presented by Kul Man Ghising, Chairman of the company. The meeting also approved the appointment and fee of auditor for the FY 2073/74.&nbsp; As per the decision, two auditors will be appointed in the company. They will be paid Rs 250,000 each as a fee.</p>

<p style="text-align: justify;">The company was established on 2063 BS to construct, operate and manage the Upper Tamakoshi Hydropower Project. The main objective of the company was to minimize power shortage by building the national priority project of 456 MW within 2073/74. As per the plan, nearly 79 percent work was completed by mid-April 2015. However, the devastating earthquake of 25 April 2015 followed by the Terai unrest badly affected the project. As a result, only 87 percent of the work was completed by the second quarter of the current FY 2073/74, informs the company.</p>

<p style="text-align: justify;">In the AGM, Chairman Ghising directed the company officials to build at least one unit within June 2018. &ldquo;The board of directors is also exerting to complete the project within stipulated time frame,&rdquo; he said.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5688',
			'image' => '20170518020614_upper tamakoshi.jpg',
			'article_date' => '2017-05-18 00:00:00',
			'homepage' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '5902',
			'article_category_id' => '1',
			'title' => 'Capital Expenditures Doubles in Current FY',
			'sub_title' => '',
			'summary' => 'May 18: In the first nine months of the current FY, the government has spend Rs 74.09 billion on development projects, shows a report of Nepal Rastra Bank. According to the report ‘Current Macroeconomic and Financial Situation of Nepal’ that is based on nine months’ data of the economy, the figure is 23.75 percent of the total allocated budget of capital expenditure.',
			'content' => '<p style="text-align: justify;">May 18: In the first nine months of the current FY, the government has spend Rs 74.09 billion on development projects, shows a report of Nepal Rastra Bank. According to the report &lsquo;Current Macroeconomic and Financial Situation of Nepal&rsquo; that is based on nine months&rsquo; data of the economy, the figure is 23.75 percent of the total allocated budget of capital expenditure.</p>

<p style="text-align: justify;">The capital expenditure which gives returns in future was Rs 32.44 billion in the first nine months of the last FY. As per the NRB statistics, the government spent more than twice on the capital expenditure in the review period of the current FY compared to the corresponding period of the last FY. &nbsp;Economists opined that given that the government make enormous investment in the capital expenditure and continues it, economic activities will increase which will eventually accelerate development process in the country.</p>

<p style="text-align: justify;">&ldquo;Boost in capital expenditure opens door of opportunities,&rdquo; opined Daya Ram Pandey, an economist. &ldquo;Growth in economic activities will lead to new employment opportunities, citizens will earn both name and fame,&rdquo; said Pandey, &ldquo;Increase in capital investment provides positive result to economy.&rdquo;</p>

<p style="text-align: justify;">In the review period, the total government expenditure on a cash basis increased 46.6 percent to Rs 419.93 billion. Such expenditure had increased just 8 percent to Rs 286.54 billion in the corresponding period of the previous year.</p>

<p style="text-align: justify;">Apart from capital expenditure, the recurrent expenditure increased 44.6 percent to Rs 305.77 billion in the review period. &nbsp;Such expenditure stood at Rs 211.44 billion in the corresponding period of the previous year.</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5687',
			'image' => '20170518122710_cap.JPG',
			'article_date' => '2017-05-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 11 => array(
		'Article' => array(
			'id' => '5901',
			'article_category_id' => '1',
			'title' => 'iPhone Slashes Price in Nepali Market',
			'sub_title' => '',
			'summary' => 'May 18: iPhone has slashed price of its products in the Nepali market.  Generation Next Communication, the authorized distributor of iPhone for Nepal informed of the price reduction in Nepal. According to the company, iPhone 7 32GB in Black has been priced Rs 86,000 after the price slash.',
			'content' => '<p style="text-align: justify;">May 18: iPhone has slashed price of its products in the Nepali market. &nbsp;Generation Next Communication, the authorized distributor of iPhone for Nepal informed of the price reduction in Nepal. According to the company, iPhone 7 32GB in Black has been priced Rs 86,000 after the price slash.</p>

<p style="text-align: justify;">Similalry, iPhone 7 128GB Gold, Rose Gold, Black, Jet Black and Red has been priced Rs 99,800. Likewise, iPhone 7 256GB has been priced Rs 112,000, iPhone 7 plus 32GB has been priced Rs 105,000 and iPhone 7 plus 128GB has been priced Rs 119,000.</p>

<p style="text-align: justify;">As per the company, the customers can now purchase iPhone 7 plus 256GB at Rs 132,000. In case of iPhone 6, customers can purchase iPhone6 64GB at Rs 68,000, 128GB at Rs 78,000 and SE 64GB at Rs 52,500. Likewise, iPhone 6S 32GB can be purchased at Rs 72,800 and iPad Pro 6.7 with smart keyboard can be purchased at Rs 17,500.</p>

<p style="text-align: justify;">Additionally, the company is providing free Ncell data &nbsp;of 1GB per month for six months along with one back cover and tempered glass on iPhone 7 and 7 Plus. The iPhone products are available in monthly installment too, said the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5686',
			'image' => '20170518110617_iphone.jpg',
			'article_date' => '2017-05-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '5900',
			'article_category_id' => '1',
			'title' => 'NIC Asia Bank Starts 9 Branches At Once',
			'sub_title' => '',
			'summary' => 'May 18: NIC Asia has opened nine new branches on a single day. The bank inaugurated the branches organizing separate programs on May 17. With the additions, the number of branches has reached 107.',
			'content' => '<p style="text-align: justify;">May 18: NIC Asia has opened nine new branches on a single day. The bank inaugurated the branches organizing separate programs on May 17. With the additions, the number of branches has reached 107.</p>

<p style="text-align: justify;">Among the new branches, Sauraha Pharsatikar branch was inaugurated by Surendra Prasad Shrestha, central member of Federation of Nepalese Chamber of Commerce and Industries (FNCCI). Similarly, Dhakdhahi branch was inaugurated by Krishna Prasad Sharma, another central member of FNCCI. Likewise, Bhumahi branch was inaugurated by Bhim Bahadur Thapa, yet another central member of FNCCI and Bansgadhi branch was inaugurated by Guru Prasad Poudel, Director of Nepal Rastra Bank (NRB), Nepalgunj branch. Moreover, Parsa branch was inaugurated by Guna Raj Shrestha, President of Khairahani Chamber of Commerce and Industries and Tandi branch was inaugurated by Gyan Bahadur Bisural, President of Ratnanagar Chamber of Commerce and Industries.</p>

<p style="text-align: justify;">Furthermore, Dulegauda and Bhimad branch were inaugurated by Krishna Raj Pandit, President of Tanahun Chamber of Commerce and Industries and Hakim Chowk branch was inaugurated by Rajan Gautam, President of Chitwan Chamber of Commerce and Industries.&nbsp;</p>
',
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			'created' => '2017-05-18',
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	(int) 13 => array(
		'Article' => array(
			'id' => '5899',
			'article_category_id' => '1',
			'title' => 'Implementation of Clean Feed Policy Faces Challenges',
			'sub_title' => '',
			'summary' => 'May 17: In a bid to prohibit foreign pay television channels to run advertisement from coming July 16, the government approved ‘Clean Feed Policy’ on last July 22. The government announced the policy to be implemented in both free and pay foreign television channels. However, with the nearing implementation phase of the policy, execution of the policy seems challenging.',
			'content' => '<p style="text-align: justify;">May 17: In a bid to prohibit foreign pay television channels to run advertisement from coming July 16, the government approved &lsquo;Clean Feed Policy&rsquo; on last July 22. The government announced the policy to be implemented in both free and pay foreign television channels. However, with the nearing implementation phase of the policy, execution of the policy seems challenging.</p>

<p style="text-align: justify;">Presently, Nepal broadcasts nearly 150 foreign channels through downlink. Apart from programs, these channels also broadcast advertisement freely.&nbsp; Although the government collects revenue from advertisement broadcasted from domestic channels, foreign channels, however, do not need to pay such revenue. This has caused big losses not only to state but also to domestic advertisement industries. Thus the policy has ended the vacuum hanging above clean feed policy in Nepali television sector.</p>

<p style="text-align: justify;">Although few television channels that are being broadcasted from Singapore are advertisement free, majority of foreign channels broadcast advertisement too. As per international practices, pay foreign channels needs to be advertisement free to be broadcasted in any national territory.</p>

<p style="text-align: justify;">The advertisement broadcasted in such foreign TV channels are irrelevant to the government, public, domestic broadcasting company and advertisement market. Moreover, it also negatively affect legal and cultural sector of any particular country. In a bid to end such circumstances, the government is implementing clean feed broadcast of foreign TV channels in Nepal.</p>

<p style="text-align: justify;">In order to implement the clean feed policy, the government formulated a suggestion committee on the last February 13 to suggest technical, legal and organizational mechanism. The committee, however, surpassed the deadline of three weeks given to submit a report on the policy.</p>

<p style="text-align: justify;">Implementation of the policy will lead to market expansion for domestic advertisement agencies and television channels. Along with the expansion of advertisement industries, government revenue will also increase. Nevertheless, the committee predicts that the signal price of foreign channels might increase in the course.</p>

<p style="text-align: justify;">The preliminary report also points out that time frame of foreign TV channels may not go parallel with Nepali time as the channels needs to block advertisement.</p>

<p style="text-align: justify;">Similarly, few television channels distributed by foreign broadcaster might close due to inability of preparing clean feed for Nepal.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'created' => '2017-05-17',
			'modified' => '2017-05-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5684',
			'image' => '20170517030327_clean feed.jpg',
			'article_date' => '2017-05-17 00:00:00',
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		'Article' => array(
			'id' => '5898',
			'article_category_id' => '1',
			'title' => 'NT Announces Various Schemes on Telecommunication Day',
			'sub_title' => '',
			'summary' => 'May 17: Nepal Telecom (NT) has announced various promotional schemes on the occasion of World Telecommunication and Information Society Day and 100th anniversary of telephone service in Nepal. Issuing a press statement, the company said that the offer that is available to GSM and CDMA mobile services will last till August 12.',
			'content' => '<p style="text-align: justify;">May 17: Nepal Telecom (NT) has announced various promotional schemes on the occasion of World Telecommunication and Information Society Day and 100<sup>th</sup> anniversary of telephone service in Nepal. Issuing a press statement, the company said that the offer that is available to GSM and CDMA mobile services will last till August 12.</p>

<p style="text-align: justify;">Under the scheme, customers of GSM services are offered 4G data packages. Similarly, customers of CDMA services are offered all time data packages and night data packages.</p>

<p style="text-align: justify;">Under the 4G data package, NT has offered 200MB data pack at Rs 50 valid for 7 days and 500MB data pack at Rs 100 valid for 14 days. Similarly, customers can also choose from 1200MB data pack at Rs 200 valid for 28 days, 2000MB data at Rs 300 valid for 28 days and 3600MB data at Rs 500 for 28 days. In order to purchase a data pack, customers will have to type the required data pack and SMS to 1415.</p>

<p style="text-align: justify;">Similarly, under all time data pack, small data packs have been added under which customers are offered 60MB data at Rs 25 valid for 7 days. NT also offered 125MB data at Rs 50 valid for 14 days and 400MB data at Rs 100 valid for 30 days. Moreover, the customers can also purchase 850MB data at Rs 200 valid for 30 days and 1500MB data at Rs 300 valid for 30 days. Customers can type the required data pack and SMS to 1415 to purchase a data pack.</p>

<p style="text-align: justify;">Likewise, under night data pack, NT is offering 3GB data at Rs 200 and 6.5GB data at Rs 300 applicable from 10 pm to 6 am.</p>

<p style="text-align: justify;">Moreover, under Facebook and Instagram package under the scheme, customers are offered 110MB data at Rs 25 valid for 7 days. Similarly, 230MB data at Rs 50 for 14 days, 500MB data at Rs 100 for 28 days and 1100MB data at Rs 200 for 28 days are also offered by NT.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
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View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5912',
			'article_category_id' => '1',
			'title' => 'Gorkha Brewery Installs Solar Lights in Dharan',
			'sub_title' => '',
			'summary' => 'May 19: Solar lights and CCTV cameras have been installed in Soti River, Bagarkot, Dharan with a support of Gorkha Brewery. 22 solar lights and three CCTV cameras have been installed in the area with the support. Earlier, the company also provided support on installation of 21 solar lights at Hattisar, Kathmandu. The company extended t',
			'content' => '<p style="text-align: justify;">May 19: Solar lights and CCTV cameras have been installed in Soti River, Bagarkot, Dharan with a support of Gorkha Brewery. 22 solar lights and three CCTV cameras have been installed in the area with the support. Earlier, the company also provided support on installation of 21 solar lights at Hattisar, Kathmandu. The company extended the support in collaboration with police and local people. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5697',
			'image' => '20170519021115_gorkha brewery.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '5911',
			'article_category_id' => '1',
			'title' => 'Yeti and UNDP Inks Deal for SDGs',
			'sub_title' => '',
			'summary' => 'May 19: A Nepali domestic airlines company, Yeti Airlines and United Nation Development Program (UNDP) has inked a new agreement.',
			'content' => '<p style="text-align: justify;">May 19: A Nepali domestic airlines company, Yeti Airlines and United Nation Development Program (UNDP) has inked a new agreement.</p>

<p style="text-align: justify;">Yeti Airlines and UNDP made the agreement regarding promotion and achievement of sustainable development goals (SDGs) of Nepal. Renaud Meyer, Country Director, UNDP Nepal and Umesh Chandra Rai, CEO of Yeti Airlines signed the agreement paper on May 18.</p>

<p style="text-align: justify;">The SDGs target to end worldwide poverty by2030. Under the agreement, the UNDP and Yeti Airlines will collaborate to raise awareness on the SDGs.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5696',
			'image' => '20170519020244_yeti.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
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	(int) 2 => array(
		'Article' => array(
			'id' => '5910',
			'article_category_id' => '1',
			'title' => 'SEBON Raises Paid-up capital of Securities Brokers by 10folds',
			'sub_title' => '',
			'summary' => 'May 19: As per the first amendment of Securities Businessperson Regulation made by Securities board of Nepal (SEBON), securities broker companies are required to increase their paid-up capital by 10 folds to Rs 20 million. Earlier the paid-up capital was Rs 2 million.',
			'content' => '<p style="text-align: justify;">May 19: As per the first amendment of Securities Businessperson Regulation made by Securities board of Nepal (SEBON), securities broker companies are required to increase their paid-up capital by 10 folds to Rs 20 million. Earlier the paid-up capital was Rs 2 million.</p>

<p style="text-align: justify;">The first amendment of the regulation has also set new mechanism for branch expansion of broker companies. According to the amended regulation, &nbsp;brokers companies are compelled to obtain approval from SEBON before their branch expansion. The regulation authorizes SEBON of setting required infrastructure and other conditions for broker companies as well.</p>

<p style="text-align: justify;">&ldquo;The amendment has been made to make the services of broker companies nationwide and manageable,&rdquo; said SEBON. Similarly, as per the amended regulation, the head office of any broker company must be lead by commerce, management, economy, law graduate or a chartered accountant. Moreover, these stock brokers must employ at least five employees including compliance officer and information technology officer in their offices.&nbsp;</p>

<p style="text-align: justify;"><img alt="" src="/userfiles/images/sebon.jpg" style="height:565px; width:409px" /></p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5695',
			'image' => '20170519014612_sebon.jpg',
			'article_date' => '2017-05-19 00:00:00',
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	(int) 3 => array(
		'Article' => array(
			'id' => '5909',
			'article_category_id' => '1',
			'title' => 'Sanjen Hydropower Appoints CIT as Issue Manager',
			'sub_title' => '',
			'summary' => 'May 19: Sanjen Hydropower Company has appointed an issue manager for its upcoming share issuance.  Sanjen appointed Citizens’ Investment Trust (CIT) as a lead issue manager to be supported by five other companies as assisting issue managers.',
			'content' => '<p style="text-align: justify;">May 19: Sanjen Hydropower Company has appointed an issue manager for its upcoming share issuance. &nbsp;Sanjen appointed Citizens&rsquo; Investment Trust (CIT) as a lead issue manager to be supported by five other companies as assisting issue managers.</p>

<p style="text-align: justify;">CIT signed an agreement with NCM Merchant Banking, Civil Capital Market, Prabhu Capital, NMB Capital and Global IME Capital regarding the share issuance on May 18.</p>

<p style="text-align: justify;">Ram Krishna Pokharel, Executive Director of CIT, Bijay Lal Shrestha, Managing Director of NCM, Parag Bista, CEO of Civil, Shanker Prasad Kalikota, General Manager of Prabhu Capital, Srijesh Ghimire, CEO of NMB Capital and Paras Mani Dhakal, CEO of Global IME Capital signed the agreement amid a program.</p>

<p style="text-align: justify;">&ldquo;The agreement was carried out to issue shares of first phase. Under this, group &lsquo;C&rsquo; shares allocated to employees of creditors&rsquo; company, promoter shares to employees, group &lsquo;D&rsquo; shares allocated to depositors of Employees Provident Fund (EPF)totaling 8,760,000 units of shares will be issued,&rdquo; said Udhav Silwal, Information Officer of CIT.&nbsp;</p>
',
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			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5694',
			'image' => '20170519125919_Sanjen.jpg',
			'article_date' => '2017-05-19 00:00:00',
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			'id' => '5908',
			'article_category_id' => '1',
			'title' => 'Kwid Rolls out in Dang Market',
			'sub_title' => '',
			'summary' => 'May 19: Joshi Autovilla, Ghorahi has initiated sales of Kwid car in Dang. “Autovilla started the sales of Kwid in the absence of an official showroom,” said Aayush Shrestha, managing director of Autovilla. “The district does not have any dealer for the Kwid. I started the sales of the car for the first time in the area. Customers are gradually b',
			'content' => '<p style="text-align: justify;">May 19: Joshi Autovilla, Ghorahi has initiated sales of Kwid car in Dang. &ldquo;Autovilla started the sales of Kwid in the absence of an official showroom,&rdquo; said Aayush Shrestha, managing director of Autovilla. &ldquo;The district does not have any dealer for the Kwid. I started the sales of the car for the first time in the area. Customers are gradually being attracted to the car,&rdquo; he added.</p>

<p style="text-align: justify;">Advance Automobile, the authorized distributor of Renault Kwid launched the car during the last Dashain. The car with advance features has been priced Rs 1.8 million to Rs 5.6 million in the domestic market, informed Shrestha. Kwid, a product of French carmaker company is the top selling car of India. Because of its best ground clearance, it is suitable to Nepali territory as well, Shrestha stated.&nbsp;</p>
',
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			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5693',
			'image' => '20170519113646_kwid.jpg',
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	(int) 5 => array(
		'Article' => array(
			'id' => '5907',
			'article_category_id' => '1',
			'title' => 'Civil Bank Endorses Bonus',
			'sub_title' => '',
			'summary' => 'May 19: Civil Bank Ltd is distributing nearly three percent bonus to its shareholders. The 6th annual general meeting of the bank held on May 18 endorsed a proposal regarding the bonus. Moreover, the meeting also endorsed a Due Diligence Audit (DDA) report of Unique Finance and Hama Merchant Finance submitted by valuator J B Rajbhandary an',
			'content' => '<p style="text-align: justify;">May 19: Civil Bank Ltd is distributing nearly three percent bonus to its shareholders. The 6<sup>th</sup> annual general meeting of the bank held on May 18 endorsed a proposal regarding the bonus. Moreover, the meeting also endorsed a Due Diligence Audit (DDA) report of Unique Finance and Hama Merchant Finance submitted by valuator J B Rajbhandary and DiBins for acquirement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5692',
			'image' => '20170519110910_civil bank.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
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	(int) 6 => array(
		'Article' => array(
			'id' => '5906',
			'article_category_id' => '1',
			'title' => 'NIC Asia Bank Starts 4 New Branches in Its Network',
			'sub_title' => '',
			'summary' => 'May 19: NIC Asia Bank has started new branches in four locations. The bank inaugurated the new branches organizing separate programs on May 18.',
			'content' => '<p style="text-align: justify;">May 19: NIC Asia Bank has started new branches in four locations. The bank inaugurated the new branches organizing separate programs on May 18.</p>

<p style="text-align: justify;">The bank&rsquo;s branch at Manigram was inaugurated by Gunanidhi Bhandari, President of Tilotama Chamber of Commerce and Industries; the branch at Nayapul, Kaski was inaugurated by Kul Bahadur Gurung, local of Kaski; the branch at Saljhandi was inaugurated by Raj Bahadur Chettri, President of Sainamaina Chamber of Commerce and Industries; and the branch at Rudrapur was inaugurated by Surendra Prasad Shrestha, central member of FNCCI.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5691',
			'image' => '20170519110003_nic.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 7 => array(
		'Article' => array(
			'id' => '5905',
			'article_category_id' => '1',
			'title' => 'Cyber Law in the offing',
			'sub_title' => '',
			'summary' => 'May 18: Nepal Telecommunication Authority has started working on cyber law formulation. According to Digambar Jha, Chairman of NEA, policies and strategies related with cyber law has already been set and NEA, with a support of ITU, has already initiated the process of formulating the cyber law. “Presently, many worldwide countries',
			'content' => '<p style="text-align:justify">May 18: Nepal Telecommunication Authority has started working on cyber law formulation. According to Digambar Jha, Chairman of NEA, policies and strategies related with cyber law has already been set and NEA, with a support of ITU, has already initiated the process of formulating the cyber law. &ldquo;Presently, many worldwide countries are going through cyber security threats. Thus cyber law is essential to prevent any cyber threats and assure cyber security to general people,&rdquo; Jha said.</p>

<p style="text-align:justify">Meanwhile, NEA is supporting Nepal police in building digital forensic lab. NEA is providing financial support to purchase required equipments for the lab. Jha informed that in a bid to utilize and manage the same lab for cyber crimes investigation, NEA is extending its support to Nepal Police.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5690',
			'image' => '20170518030145_cyber.jpg',
			'article_date' => '2017-05-18 00:00:00',
			'homepage' => false,
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	(int) 8 => array(
		'Article' => array(
			'id' => '5904',
			'article_category_id' => '1',
			'title' => 'Finance Ministry Approves License of 10 Life Insurance Companies',
			'sub_title' => '',
			'summary' => 'May 18: Ministry of Finance has approved of providing license to 10 new life insurance companies. Krishna Bahadur Mahara, Deputy Prime Minister and Finance Minister of Nepal approved Insurance Board (IB) to grant license to 10 out of 12 life insurance companies on May 17.',
			'content' => '<p style="text-align: justify;">May 18: Ministry of Finance has approved of providing license to 10 new life insurance companies. Krishna Bahadur Mahara, Deputy Prime Minister and Finance Minister of Nepal approved Insurance Board (IB) to grant license to 10 out of 12 life insurance companies on May 17.</p>

<p style="text-align: justify;">The to-be established new insurance companies required to have paid-up capital of Rs 2 billion. After the licensing of 10 new companies, Nepal will have 19 life insurance companies. Presently, nine insurance companies are operating in Nepal. According to Finance Minister, it approved license of Reliable Life Insurance, Citizen Life Insurance, Star Life Insurance, Reliance Life Insurance, Sun Life Insurance, IME Life Insurance, Mahalaxmi Life Insurance, Jyoti Life Insurance, Sanima Life Insurance and Union Life Insurance.</p>

<p style="text-align: justify;">Similarly, according to Insurance Board, five non-life insurance are also waiting for their license. With the additions, number of non-life insurance will reach 22.&nbsp;</p>
',
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		'Article' => array(
			'id' => '5903',
			'article_category_id' => '1',
			'title' => 'Upper Tamakoshi Hydropower Concludes 9th AGM',
			'sub_title' => '',
			'summary' => 'May 18: Upper Tamakoshi Hydropower Company Ltd has concluded its 9th annual general meeting on May 17. The meeting endorsed the annual report and financial report of the FY 2072/73 presented by Kul Man Ghising, Chairman of the company. The meeting also approved the appointment and fee of auditor for the FY 207',
			'content' => '<p style="text-align: justify;">May 18: Upper Tamakoshi Hydropower Company Ltd has concluded its 9<sup>th</sup> annual general meeting on May 17. The meeting endorsed the annual report and financial report of the FY 2072/73 presented by Kul Man Ghising, Chairman of the company. The meeting also approved the appointment and fee of auditor for the FY 2073/74.&nbsp; As per the decision, two auditors will be appointed in the company. They will be paid Rs 250,000 each as a fee.</p>

<p style="text-align: justify;">The company was established on 2063 BS to construct, operate and manage the Upper Tamakoshi Hydropower Project. The main objective of the company was to minimize power shortage by building the national priority project of 456 MW within 2073/74. As per the plan, nearly 79 percent work was completed by mid-April 2015. However, the devastating earthquake of 25 April 2015 followed by the Terai unrest badly affected the project. As a result, only 87 percent of the work was completed by the second quarter of the current FY 2073/74, informs the company.</p>

<p style="text-align: justify;">In the AGM, Chairman Ghising directed the company officials to build at least one unit within June 2018. &ldquo;The board of directors is also exerting to complete the project within stipulated time frame,&rdquo; he said.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'created' => '2017-05-18',
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		'Article' => array(
			'id' => '5902',
			'article_category_id' => '1',
			'title' => 'Capital Expenditures Doubles in Current FY',
			'sub_title' => '',
			'summary' => 'May 18: In the first nine months of the current FY, the government has spend Rs 74.09 billion on development projects, shows a report of Nepal Rastra Bank. According to the report ‘Current Macroeconomic and Financial Situation of Nepal’ that is based on nine months’ data of the economy, the figure is 23.75 percent of the total allocated budget of capital expenditure.',
			'content' => '<p style="text-align: justify;">May 18: In the first nine months of the current FY, the government has spend Rs 74.09 billion on development projects, shows a report of Nepal Rastra Bank. According to the report &lsquo;Current Macroeconomic and Financial Situation of Nepal&rsquo; that is based on nine months&rsquo; data of the economy, the figure is 23.75 percent of the total allocated budget of capital expenditure.</p>

<p style="text-align: justify;">The capital expenditure which gives returns in future was Rs 32.44 billion in the first nine months of the last FY. As per the NRB statistics, the government spent more than twice on the capital expenditure in the review period of the current FY compared to the corresponding period of the last FY. &nbsp;Economists opined that given that the government make enormous investment in the capital expenditure and continues it, economic activities will increase which will eventually accelerate development process in the country.</p>

<p style="text-align: justify;">&ldquo;Boost in capital expenditure opens door of opportunities,&rdquo; opined Daya Ram Pandey, an economist. &ldquo;Growth in economic activities will lead to new employment opportunities, citizens will earn both name and fame,&rdquo; said Pandey, &ldquo;Increase in capital investment provides positive result to economy.&rdquo;</p>

<p style="text-align: justify;">In the review period, the total government expenditure on a cash basis increased 46.6 percent to Rs 419.93 billion. Such expenditure had increased just 8 percent to Rs 286.54 billion in the corresponding period of the previous year.</p>

<p style="text-align: justify;">Apart from capital expenditure, the recurrent expenditure increased 44.6 percent to Rs 305.77 billion in the review period. &nbsp;Such expenditure stood at Rs 211.44 billion in the corresponding period of the previous year.</p>
',
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			'created' => '2017-05-18',
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			'sortorder' => '5687',
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	(int) 11 => array(
		'Article' => array(
			'id' => '5901',
			'article_category_id' => '1',
			'title' => 'iPhone Slashes Price in Nepali Market',
			'sub_title' => '',
			'summary' => 'May 18: iPhone has slashed price of its products in the Nepali market.  Generation Next Communication, the authorized distributor of iPhone for Nepal informed of the price reduction in Nepal. According to the company, iPhone 7 32GB in Black has been priced Rs 86,000 after the price slash.',
			'content' => '<p style="text-align: justify;">May 18: iPhone has slashed price of its products in the Nepali market. &nbsp;Generation Next Communication, the authorized distributor of iPhone for Nepal informed of the price reduction in Nepal. According to the company, iPhone 7 32GB in Black has been priced Rs 86,000 after the price slash.</p>

<p style="text-align: justify;">Similalry, iPhone 7 128GB Gold, Rose Gold, Black, Jet Black and Red has been priced Rs 99,800. Likewise, iPhone 7 256GB has been priced Rs 112,000, iPhone 7 plus 32GB has been priced Rs 105,000 and iPhone 7 plus 128GB has been priced Rs 119,000.</p>

<p style="text-align: justify;">As per the company, the customers can now purchase iPhone 7 plus 256GB at Rs 132,000. In case of iPhone 6, customers can purchase iPhone6 64GB at Rs 68,000, 128GB at Rs 78,000 and SE 64GB at Rs 52,500. Likewise, iPhone 6S 32GB can be purchased at Rs 72,800 and iPad Pro 6.7 with smart keyboard can be purchased at Rs 17,500.</p>

<p style="text-align: justify;">Additionally, the company is providing free Ncell data &nbsp;of 1GB per month for six months along with one back cover and tempered glass on iPhone 7 and 7 Plus. The iPhone products are available in monthly installment too, said the company.&nbsp;</p>
',
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			'description' => '',
			'sortorder' => '5686',
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		'Article' => array(
			'id' => '5900',
			'article_category_id' => '1',
			'title' => 'NIC Asia Bank Starts 9 Branches At Once',
			'sub_title' => '',
			'summary' => 'May 18: NIC Asia has opened nine new branches on a single day. The bank inaugurated the branches organizing separate programs on May 17. With the additions, the number of branches has reached 107.',
			'content' => '<p style="text-align: justify;">May 18: NIC Asia has opened nine new branches on a single day. The bank inaugurated the branches organizing separate programs on May 17. With the additions, the number of branches has reached 107.</p>

<p style="text-align: justify;">Among the new branches, Sauraha Pharsatikar branch was inaugurated by Surendra Prasad Shrestha, central member of Federation of Nepalese Chamber of Commerce and Industries (FNCCI). Similarly, Dhakdhahi branch was inaugurated by Krishna Prasad Sharma, another central member of FNCCI. Likewise, Bhumahi branch was inaugurated by Bhim Bahadur Thapa, yet another central member of FNCCI and Bansgadhi branch was inaugurated by Guru Prasad Poudel, Director of Nepal Rastra Bank (NRB), Nepalgunj branch. Moreover, Parsa branch was inaugurated by Guna Raj Shrestha, President of Khairahani Chamber of Commerce and Industries and Tandi branch was inaugurated by Gyan Bahadur Bisural, President of Ratnanagar Chamber of Commerce and Industries.</p>

<p style="text-align: justify;">Furthermore, Dulegauda and Bhimad branch were inaugurated by Krishna Raj Pandit, President of Tanahun Chamber of Commerce and Industries and Hakim Chowk branch was inaugurated by Rajan Gautam, President of Chitwan Chamber of Commerce and Industries.&nbsp;</p>
',
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	(int) 13 => array(
		'Article' => array(
			'id' => '5899',
			'article_category_id' => '1',
			'title' => 'Implementation of Clean Feed Policy Faces Challenges',
			'sub_title' => '',
			'summary' => 'May 17: In a bid to prohibit foreign pay television channels to run advertisement from coming July 16, the government approved ‘Clean Feed Policy’ on last July 22. The government announced the policy to be implemented in both free and pay foreign television channels. However, with the nearing implementation phase of the policy, execution of the policy seems challenging.',
			'content' => '<p style="text-align: justify;">May 17: In a bid to prohibit foreign pay television channels to run advertisement from coming July 16, the government approved &lsquo;Clean Feed Policy&rsquo; on last July 22. The government announced the policy to be implemented in both free and pay foreign television channels. However, with the nearing implementation phase of the policy, execution of the policy seems challenging.</p>

<p style="text-align: justify;">Presently, Nepal broadcasts nearly 150 foreign channels through downlink. Apart from programs, these channels also broadcast advertisement freely.&nbsp; Although the government collects revenue from advertisement broadcasted from domestic channels, foreign channels, however, do not need to pay such revenue. This has caused big losses not only to state but also to domestic advertisement industries. Thus the policy has ended the vacuum hanging above clean feed policy in Nepali television sector.</p>

<p style="text-align: justify;">Although few television channels that are being broadcasted from Singapore are advertisement free, majority of foreign channels broadcast advertisement too. As per international practices, pay foreign channels needs to be advertisement free to be broadcasted in any national territory.</p>

<p style="text-align: justify;">The advertisement broadcasted in such foreign TV channels are irrelevant to the government, public, domestic broadcasting company and advertisement market. Moreover, it also negatively affect legal and cultural sector of any particular country. In a bid to end such circumstances, the government is implementing clean feed broadcast of foreign TV channels in Nepal.</p>

<p style="text-align: justify;">In order to implement the clean feed policy, the government formulated a suggestion committee on the last February 13 to suggest technical, legal and organizational mechanism. The committee, however, surpassed the deadline of three weeks given to submit a report on the policy.</p>

<p style="text-align: justify;">Implementation of the policy will lead to market expansion for domestic advertisement agencies and television channels. Along with the expansion of advertisement industries, government revenue will also increase. Nevertheless, the committee predicts that the signal price of foreign channels might increase in the course.</p>

<p style="text-align: justify;">The preliminary report also points out that time frame of foreign TV channels may not go parallel with Nepali time as the channels needs to block advertisement.</p>

<p style="text-align: justify;">Similarly, few television channels distributed by foreign broadcaster might close due to inability of preparing clean feed for Nepal.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'created' => '2017-05-17',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '5684',
			'image' => '20170517030327_clean feed.jpg',
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	(int) 14 => array(
		'Article' => array(
			'id' => '5898',
			'article_category_id' => '1',
			'title' => 'NT Announces Various Schemes on Telecommunication Day',
			'sub_title' => '',
			'summary' => 'May 17: Nepal Telecom (NT) has announced various promotional schemes on the occasion of World Telecommunication and Information Society Day and 100th anniversary of telephone service in Nepal. Issuing a press statement, the company said that the offer that is available to GSM and CDMA mobile services will last till August 12.',
			'content' => '<p style="text-align: justify;">May 17: Nepal Telecom (NT) has announced various promotional schemes on the occasion of World Telecommunication and Information Society Day and 100<sup>th</sup> anniversary of telephone service in Nepal. Issuing a press statement, the company said that the offer that is available to GSM and CDMA mobile services will last till August 12.</p>

<p style="text-align: justify;">Under the scheme, customers of GSM services are offered 4G data packages. Similarly, customers of CDMA services are offered all time data packages and night data packages.</p>

<p style="text-align: justify;">Under the 4G data package, NT has offered 200MB data pack at Rs 50 valid for 7 days and 500MB data pack at Rs 100 valid for 14 days. Similarly, customers can also choose from 1200MB data pack at Rs 200 valid for 28 days, 2000MB data at Rs 300 valid for 28 days and 3600MB data at Rs 500 for 28 days. In order to purchase a data pack, customers will have to type the required data pack and SMS to 1415.</p>

<p style="text-align: justify;">Similarly, under all time data pack, small data packs have been added under which customers are offered 60MB data at Rs 25 valid for 7 days. NT also offered 125MB data at Rs 50 valid for 14 days and 400MB data at Rs 100 valid for 30 days. Moreover, the customers can also purchase 850MB data at Rs 200 valid for 30 days and 1500MB data at Rs 300 valid for 30 days. Customers can type the required data pack and SMS to 1415 to purchase a data pack.</p>

<p style="text-align: justify;">Likewise, under night data pack, NT is offering 3GB data at Rs 200 and 6.5GB data at Rs 300 applicable from 10 pm to 6 am.</p>

<p style="text-align: justify;">Moreover, under Facebook and Instagram package under the scheme, customers are offered 110MB data at Rs 25 valid for 7 days. Similarly, 230MB data at Rs 50 for 14 days, 500MB data at Rs 100 for 28 days and 1100MB data at Rs 200 for 28 days are also offered by NT.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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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
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Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
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		'Article' => array(
			'id' => '5912',
			'article_category_id' => '1',
			'title' => 'Gorkha Brewery Installs Solar Lights in Dharan',
			'sub_title' => '',
			'summary' => 'May 19: Solar lights and CCTV cameras have been installed in Soti River, Bagarkot, Dharan with a support of Gorkha Brewery. 22 solar lights and three CCTV cameras have been installed in the area with the support. Earlier, the company also provided support on installation of 21 solar lights at Hattisar, Kathmandu. The company extended t',
			'content' => '<p style="text-align: justify;">May 19: Solar lights and CCTV cameras have been installed in Soti River, Bagarkot, Dharan with a support of Gorkha Brewery. 22 solar lights and three CCTV cameras have been installed in the area with the support. Earlier, the company also provided support on installation of 21 solar lights at Hattisar, Kathmandu. The company extended the support in collaboration with police and local people. &nbsp;</p>
',
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			'sortorder' => '5697',
			'image' => '20170519021115_gorkha brewery.jpg',
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			'id' => '5911',
			'article_category_id' => '1',
			'title' => 'Yeti and UNDP Inks Deal for SDGs',
			'sub_title' => '',
			'summary' => 'May 19: A Nepali domestic airlines company, Yeti Airlines and United Nation Development Program (UNDP) has inked a new agreement.',
			'content' => '<p style="text-align: justify;">May 19: A Nepali domestic airlines company, Yeti Airlines and United Nation Development Program (UNDP) has inked a new agreement.</p>

<p style="text-align: justify;">Yeti Airlines and UNDP made the agreement regarding promotion and achievement of sustainable development goals (SDGs) of Nepal. Renaud Meyer, Country Director, UNDP Nepal and Umesh Chandra Rai, CEO of Yeti Airlines signed the agreement paper on May 18.</p>

<p style="text-align: justify;">The SDGs target to end worldwide poverty by2030. Under the agreement, the UNDP and Yeti Airlines will collaborate to raise awareness on the SDGs.&nbsp;</p>
',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '5696',
			'image' => '20170519020244_yeti.jpg',
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		'Article' => array(
			'id' => '5910',
			'article_category_id' => '1',
			'title' => 'SEBON Raises Paid-up capital of Securities Brokers by 10folds',
			'sub_title' => '',
			'summary' => 'May 19: As per the first amendment of Securities Businessperson Regulation made by Securities board of Nepal (SEBON), securities broker companies are required to increase their paid-up capital by 10 folds to Rs 20 million. Earlier the paid-up capital was Rs 2 million.',
			'content' => '<p style="text-align: justify;">May 19: As per the first amendment of Securities Businessperson Regulation made by Securities board of Nepal (SEBON), securities broker companies are required to increase their paid-up capital by 10 folds to Rs 20 million. Earlier the paid-up capital was Rs 2 million.</p>

<p style="text-align: justify;">The first amendment of the regulation has also set new mechanism for branch expansion of broker companies. According to the amended regulation, &nbsp;brokers companies are compelled to obtain approval from SEBON before their branch expansion. The regulation authorizes SEBON of setting required infrastructure and other conditions for broker companies as well.</p>

<p style="text-align: justify;">&ldquo;The amendment has been made to make the services of broker companies nationwide and manageable,&rdquo; said SEBON. Similarly, as per the amended regulation, the head office of any broker company must be lead by commerce, management, economy, law graduate or a chartered accountant. Moreover, these stock brokers must employ at least five employees including compliance officer and information technology officer in their offices.&nbsp;</p>

<p style="text-align: justify;"><img alt="" src="/userfiles/images/sebon.jpg" style="height:565px; width:409px" /></p>
',
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		'Article' => array(
			'id' => '5909',
			'article_category_id' => '1',
			'title' => 'Sanjen Hydropower Appoints CIT as Issue Manager',
			'sub_title' => '',
			'summary' => 'May 19: Sanjen Hydropower Company has appointed an issue manager for its upcoming share issuance.  Sanjen appointed Citizens’ Investment Trust (CIT) as a lead issue manager to be supported by five other companies as assisting issue managers.',
			'content' => '<p style="text-align: justify;">May 19: Sanjen Hydropower Company has appointed an issue manager for its upcoming share issuance. &nbsp;Sanjen appointed Citizens&rsquo; Investment Trust (CIT) as a lead issue manager to be supported by five other companies as assisting issue managers.</p>

<p style="text-align: justify;">CIT signed an agreement with NCM Merchant Banking, Civil Capital Market, Prabhu Capital, NMB Capital and Global IME Capital regarding the share issuance on May 18.</p>

<p style="text-align: justify;">Ram Krishna Pokharel, Executive Director of CIT, Bijay Lal Shrestha, Managing Director of NCM, Parag Bista, CEO of Civil, Shanker Prasad Kalikota, General Manager of Prabhu Capital, Srijesh Ghimire, CEO of NMB Capital and Paras Mani Dhakal, CEO of Global IME Capital signed the agreement amid a program.</p>

<p style="text-align: justify;">&ldquo;The agreement was carried out to issue shares of first phase. Under this, group &lsquo;C&rsquo; shares allocated to employees of creditors&rsquo; company, promoter shares to employees, group &lsquo;D&rsquo; shares allocated to depositors of Employees Provident Fund (EPF)totaling 8,760,000 units of shares will be issued,&rdquo; said Udhav Silwal, Information Officer of CIT.&nbsp;</p>
',
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			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5694',
			'image' => '20170519125919_Sanjen.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5908',
			'article_category_id' => '1',
			'title' => 'Kwid Rolls out in Dang Market',
			'sub_title' => '',
			'summary' => 'May 19: Joshi Autovilla, Ghorahi has initiated sales of Kwid car in Dang. “Autovilla started the sales of Kwid in the absence of an official showroom,” said Aayush Shrestha, managing director of Autovilla. “The district does not have any dealer for the Kwid. I started the sales of the car for the first time in the area. Customers are gradually b',
			'content' => '<p style="text-align: justify;">May 19: Joshi Autovilla, Ghorahi has initiated sales of Kwid car in Dang. &ldquo;Autovilla started the sales of Kwid in the absence of an official showroom,&rdquo; said Aayush Shrestha, managing director of Autovilla. &ldquo;The district does not have any dealer for the Kwid. I started the sales of the car for the first time in the area. Customers are gradually being attracted to the car,&rdquo; he added.</p>

<p style="text-align: justify;">Advance Automobile, the authorized distributor of Renault Kwid launched the car during the last Dashain. The car with advance features has been priced Rs 1.8 million to Rs 5.6 million in the domestic market, informed Shrestha. Kwid, a product of French carmaker company is the top selling car of India. Because of its best ground clearance, it is suitable to Nepali territory as well, Shrestha stated.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5693',
			'image' => '20170519113646_kwid.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5907',
			'article_category_id' => '1',
			'title' => 'Civil Bank Endorses Bonus',
			'sub_title' => '',
			'summary' => 'May 19: Civil Bank Ltd is distributing nearly three percent bonus to its shareholders. The 6th annual general meeting of the bank held on May 18 endorsed a proposal regarding the bonus. Moreover, the meeting also endorsed a Due Diligence Audit (DDA) report of Unique Finance and Hama Merchant Finance submitted by valuator J B Rajbhandary an',
			'content' => '<p style="text-align: justify;">May 19: Civil Bank Ltd is distributing nearly three percent bonus to its shareholders. The 6<sup>th</sup> annual general meeting of the bank held on May 18 endorsed a proposal regarding the bonus. Moreover, the meeting also endorsed a Due Diligence Audit (DDA) report of Unique Finance and Hama Merchant Finance submitted by valuator J B Rajbhandary and DiBins for acquirement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5692',
			'image' => '20170519110910_civil bank.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5906',
			'article_category_id' => '1',
			'title' => 'NIC Asia Bank Starts 4 New Branches in Its Network',
			'sub_title' => '',
			'summary' => 'May 19: NIC Asia Bank has started new branches in four locations. The bank inaugurated the new branches organizing separate programs on May 18.',
			'content' => '<p style="text-align: justify;">May 19: NIC Asia Bank has started new branches in four locations. The bank inaugurated the new branches organizing separate programs on May 18.</p>

<p style="text-align: justify;">The bank&rsquo;s branch at Manigram was inaugurated by Gunanidhi Bhandari, President of Tilotama Chamber of Commerce and Industries; the branch at Nayapul, Kaski was inaugurated by Kul Bahadur Gurung, local of Kaski; the branch at Saljhandi was inaugurated by Raj Bahadur Chettri, President of Sainamaina Chamber of Commerce and Industries; and the branch at Rudrapur was inaugurated by Surendra Prasad Shrestha, central member of FNCCI.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5691',
			'image' => '20170519110003_nic.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5905',
			'article_category_id' => '1',
			'title' => 'Cyber Law in the offing',
			'sub_title' => '',
			'summary' => 'May 18: Nepal Telecommunication Authority has started working on cyber law formulation. According to Digambar Jha, Chairman of NEA, policies and strategies related with cyber law has already been set and NEA, with a support of ITU, has already initiated the process of formulating the cyber law. “Presently, many worldwide countries',
			'content' => '<p style="text-align:justify">May 18: Nepal Telecommunication Authority has started working on cyber law formulation. According to Digambar Jha, Chairman of NEA, policies and strategies related with cyber law has already been set and NEA, with a support of ITU, has already initiated the process of formulating the cyber law. &ldquo;Presently, many worldwide countries are going through cyber security threats. Thus cyber law is essential to prevent any cyber threats and assure cyber security to general people,&rdquo; Jha said.</p>

<p style="text-align:justify">Meanwhile, NEA is supporting Nepal police in building digital forensic lab. NEA is providing financial support to purchase required equipments for the lab. Jha informed that in a bid to utilize and manage the same lab for cyber crimes investigation, NEA is extending its support to Nepal Police.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5690',
			'image' => '20170518030145_cyber.jpg',
			'article_date' => '2017-05-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5904',
			'article_category_id' => '1',
			'title' => 'Finance Ministry Approves License of 10 Life Insurance Companies',
			'sub_title' => '',
			'summary' => 'May 18: Ministry of Finance has approved of providing license to 10 new life insurance companies. Krishna Bahadur Mahara, Deputy Prime Minister and Finance Minister of Nepal approved Insurance Board (IB) to grant license to 10 out of 12 life insurance companies on May 17.',
			'content' => '<p style="text-align: justify;">May 18: Ministry of Finance has approved of providing license to 10 new life insurance companies. Krishna Bahadur Mahara, Deputy Prime Minister and Finance Minister of Nepal approved Insurance Board (IB) to grant license to 10 out of 12 life insurance companies on May 17.</p>

<p style="text-align: justify;">The to-be established new insurance companies required to have paid-up capital of Rs 2 billion. After the licensing of 10 new companies, Nepal will have 19 life insurance companies. Presently, nine insurance companies are operating in Nepal. According to Finance Minister, it approved license of Reliable Life Insurance, Citizen Life Insurance, Star Life Insurance, Reliance Life Insurance, Sun Life Insurance, IME Life Insurance, Mahalaxmi Life Insurance, Jyoti Life Insurance, Sanima Life Insurance and Union Life Insurance.</p>

<p style="text-align: justify;">Similarly, according to Insurance Board, five non-life insurance are also waiting for their license. With the additions, number of non-life insurance will reach 22.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5689',
			'image' => '20170518022203_finance-ministry.jpg',
			'article_date' => '2017-05-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5903',
			'article_category_id' => '1',
			'title' => 'Upper Tamakoshi Hydropower Concludes 9th AGM',
			'sub_title' => '',
			'summary' => 'May 18: Upper Tamakoshi Hydropower Company Ltd has concluded its 9th annual general meeting on May 17. The meeting endorsed the annual report and financial report of the FY 2072/73 presented by Kul Man Ghising, Chairman of the company. The meeting also approved the appointment and fee of auditor for the FY 207',
			'content' => '<p style="text-align: justify;">May 18: Upper Tamakoshi Hydropower Company Ltd has concluded its 9<sup>th</sup> annual general meeting on May 17. The meeting endorsed the annual report and financial report of the FY 2072/73 presented by Kul Man Ghising, Chairman of the company. The meeting also approved the appointment and fee of auditor for the FY 2073/74.&nbsp; As per the decision, two auditors will be appointed in the company. They will be paid Rs 250,000 each as a fee.</p>

<p style="text-align: justify;">The company was established on 2063 BS to construct, operate and manage the Upper Tamakoshi Hydropower Project. The main objective of the company was to minimize power shortage by building the national priority project of 456 MW within 2073/74. As per the plan, nearly 79 percent work was completed by mid-April 2015. However, the devastating earthquake of 25 April 2015 followed by the Terai unrest badly affected the project. As a result, only 87 percent of the work was completed by the second quarter of the current FY 2073/74, informs the company.</p>

<p style="text-align: justify;">In the AGM, Chairman Ghising directed the company officials to build at least one unit within June 2018. &ldquo;The board of directors is also exerting to complete the project within stipulated time frame,&rdquo; he said.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5688',
			'image' => '20170518020614_upper tamakoshi.jpg',
			'article_date' => '2017-05-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5902',
			'article_category_id' => '1',
			'title' => 'Capital Expenditures Doubles in Current FY',
			'sub_title' => '',
			'summary' => 'May 18: In the first nine months of the current FY, the government has spend Rs 74.09 billion on development projects, shows a report of Nepal Rastra Bank. According to the report ‘Current Macroeconomic and Financial Situation of Nepal’ that is based on nine months’ data of the economy, the figure is 23.75 percent of the total allocated budget of capital expenditure.',
			'content' => '<p style="text-align: justify;">May 18: In the first nine months of the current FY, the government has spend Rs 74.09 billion on development projects, shows a report of Nepal Rastra Bank. According to the report &lsquo;Current Macroeconomic and Financial Situation of Nepal&rsquo; that is based on nine months&rsquo; data of the economy, the figure is 23.75 percent of the total allocated budget of capital expenditure.</p>

<p style="text-align: justify;">The capital expenditure which gives returns in future was Rs 32.44 billion in the first nine months of the last FY. As per the NRB statistics, the government spent more than twice on the capital expenditure in the review period of the current FY compared to the corresponding period of the last FY. &nbsp;Economists opined that given that the government make enormous investment in the capital expenditure and continues it, economic activities will increase which will eventually accelerate development process in the country.</p>

<p style="text-align: justify;">&ldquo;Boost in capital expenditure opens door of opportunities,&rdquo; opined Daya Ram Pandey, an economist. &ldquo;Growth in economic activities will lead to new employment opportunities, citizens will earn both name and fame,&rdquo; said Pandey, &ldquo;Increase in capital investment provides positive result to economy.&rdquo;</p>

<p style="text-align: justify;">In the review period, the total government expenditure on a cash basis increased 46.6 percent to Rs 419.93 billion. Such expenditure had increased just 8 percent to Rs 286.54 billion in the corresponding period of the previous year.</p>

<p style="text-align: justify;">Apart from capital expenditure, the recurrent expenditure increased 44.6 percent to Rs 305.77 billion in the review period. &nbsp;Such expenditure stood at Rs 211.44 billion in the corresponding period of the previous year.</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5687',
			'image' => '20170518122710_cap.JPG',
			'article_date' => '2017-05-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5901',
			'article_category_id' => '1',
			'title' => 'iPhone Slashes Price in Nepali Market',
			'sub_title' => '',
			'summary' => 'May 18: iPhone has slashed price of its products in the Nepali market.  Generation Next Communication, the authorized distributor of iPhone for Nepal informed of the price reduction in Nepal. According to the company, iPhone 7 32GB in Black has been priced Rs 86,000 after the price slash.',
			'content' => '<p style="text-align: justify;">May 18: iPhone has slashed price of its products in the Nepali market. &nbsp;Generation Next Communication, the authorized distributor of iPhone for Nepal informed of the price reduction in Nepal. According to the company, iPhone 7 32GB in Black has been priced Rs 86,000 after the price slash.</p>

<p style="text-align: justify;">Similalry, iPhone 7 128GB Gold, Rose Gold, Black, Jet Black and Red has been priced Rs 99,800. Likewise, iPhone 7 256GB has been priced Rs 112,000, iPhone 7 plus 32GB has been priced Rs 105,000 and iPhone 7 plus 128GB has been priced Rs 119,000.</p>

<p style="text-align: justify;">As per the company, the customers can now purchase iPhone 7 plus 256GB at Rs 132,000. In case of iPhone 6, customers can purchase iPhone6 64GB at Rs 68,000, 128GB at Rs 78,000 and SE 64GB at Rs 52,500. Likewise, iPhone 6S 32GB can be purchased at Rs 72,800 and iPad Pro 6.7 with smart keyboard can be purchased at Rs 17,500.</p>

<p style="text-align: justify;">Additionally, the company is providing free Ncell data &nbsp;of 1GB per month for six months along with one back cover and tempered glass on iPhone 7 and 7 Plus. The iPhone products are available in monthly installment too, said the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5686',
			'image' => '20170518110617_iphone.jpg',
			'article_date' => '2017-05-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5900',
			'article_category_id' => '1',
			'title' => 'NIC Asia Bank Starts 9 Branches At Once',
			'sub_title' => '',
			'summary' => 'May 18: NIC Asia has opened nine new branches on a single day. The bank inaugurated the branches organizing separate programs on May 17. With the additions, the number of branches has reached 107.',
			'content' => '<p style="text-align: justify;">May 18: NIC Asia has opened nine new branches on a single day. The bank inaugurated the branches organizing separate programs on May 17. With the additions, the number of branches has reached 107.</p>

<p style="text-align: justify;">Among the new branches, Sauraha Pharsatikar branch was inaugurated by Surendra Prasad Shrestha, central member of Federation of Nepalese Chamber of Commerce and Industries (FNCCI). Similarly, Dhakdhahi branch was inaugurated by Krishna Prasad Sharma, another central member of FNCCI. Likewise, Bhumahi branch was inaugurated by Bhim Bahadur Thapa, yet another central member of FNCCI and Bansgadhi branch was inaugurated by Guru Prasad Poudel, Director of Nepal Rastra Bank (NRB), Nepalgunj branch. Moreover, Parsa branch was inaugurated by Guna Raj Shrestha, President of Khairahani Chamber of Commerce and Industries and Tandi branch was inaugurated by Gyan Bahadur Bisural, President of Ratnanagar Chamber of Commerce and Industries.</p>

<p style="text-align: justify;">Furthermore, Dulegauda and Bhimad branch were inaugurated by Krishna Raj Pandit, President of Tanahun Chamber of Commerce and Industries and Hakim Chowk branch was inaugurated by Rajan Gautam, President of Chitwan Chamber of Commerce and Industries.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5685',
			'image' => '20170518104014_NIC.jpg',
			'article_date' => '2017-05-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5899',
			'article_category_id' => '1',
			'title' => 'Implementation of Clean Feed Policy Faces Challenges',
			'sub_title' => '',
			'summary' => 'May 17: In a bid to prohibit foreign pay television channels to run advertisement from coming July 16, the government approved ‘Clean Feed Policy’ on last July 22. The government announced the policy to be implemented in both free and pay foreign television channels. However, with the nearing implementation phase of the policy, execution of the policy seems challenging.',
			'content' => '<p style="text-align: justify;">May 17: In a bid to prohibit foreign pay television channels to run advertisement from coming July 16, the government approved &lsquo;Clean Feed Policy&rsquo; on last July 22. The government announced the policy to be implemented in both free and pay foreign television channels. However, with the nearing implementation phase of the policy, execution of the policy seems challenging.</p>

<p style="text-align: justify;">Presently, Nepal broadcasts nearly 150 foreign channels through downlink. Apart from programs, these channels also broadcast advertisement freely.&nbsp; Although the government collects revenue from advertisement broadcasted from domestic channels, foreign channels, however, do not need to pay such revenue. This has caused big losses not only to state but also to domestic advertisement industries. Thus the policy has ended the vacuum hanging above clean feed policy in Nepali television sector.</p>

<p style="text-align: justify;">Although few television channels that are being broadcasted from Singapore are advertisement free, majority of foreign channels broadcast advertisement too. As per international practices, pay foreign channels needs to be advertisement free to be broadcasted in any national territory.</p>

<p style="text-align: justify;">The advertisement broadcasted in such foreign TV channels are irrelevant to the government, public, domestic broadcasting company and advertisement market. Moreover, it also negatively affect legal and cultural sector of any particular country. In a bid to end such circumstances, the government is implementing clean feed broadcast of foreign TV channels in Nepal.</p>

<p style="text-align: justify;">In order to implement the clean feed policy, the government formulated a suggestion committee on the last February 13 to suggest technical, legal and organizational mechanism. The committee, however, surpassed the deadline of three weeks given to submit a report on the policy.</p>

<p style="text-align: justify;">Implementation of the policy will lead to market expansion for domestic advertisement agencies and television channels. Along with the expansion of advertisement industries, government revenue will also increase. Nevertheless, the committee predicts that the signal price of foreign channels might increase in the course.</p>

<p style="text-align: justify;">The preliminary report also points out that time frame of foreign TV channels may not go parallel with Nepali time as the channels needs to block advertisement.</p>

<p style="text-align: justify;">Similarly, few television channels distributed by foreign broadcaster might close due to inability of preparing clean feed for Nepal.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-17',
			'modified' => '2017-05-17',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5684',
			'image' => '20170517030327_clean feed.jpg',
			'article_date' => '2017-05-17 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5898',
			'article_category_id' => '1',
			'title' => 'NT Announces Various Schemes on Telecommunication Day',
			'sub_title' => '',
			'summary' => 'May 17: Nepal Telecom (NT) has announced various promotional schemes on the occasion of World Telecommunication and Information Society Day and 100th anniversary of telephone service in Nepal. Issuing a press statement, the company said that the offer that is available to GSM and CDMA mobile services will last till August 12.',
			'content' => '<p style="text-align: justify;">May 17: Nepal Telecom (NT) has announced various promotional schemes on the occasion of World Telecommunication and Information Society Day and 100<sup>th</sup> anniversary of telephone service in Nepal. Issuing a press statement, the company said that the offer that is available to GSM and CDMA mobile services will last till August 12.</p>

<p style="text-align: justify;">Under the scheme, customers of GSM services are offered 4G data packages. Similarly, customers of CDMA services are offered all time data packages and night data packages.</p>

<p style="text-align: justify;">Under the 4G data package, NT has offered 200MB data pack at Rs 50 valid for 7 days and 500MB data pack at Rs 100 valid for 14 days. Similarly, customers can also choose from 1200MB data pack at Rs 200 valid for 28 days, 2000MB data at Rs 300 valid for 28 days and 3600MB data at Rs 500 for 28 days. In order to purchase a data pack, customers will have to type the required data pack and SMS to 1415.</p>

<p style="text-align: justify;">Similarly, under all time data pack, small data packs have been added under which customers are offered 60MB data at Rs 25 valid for 7 days. NT also offered 125MB data at Rs 50 valid for 14 days and 400MB data at Rs 100 valid for 30 days. Moreover, the customers can also purchase 850MB data at Rs 200 valid for 30 days and 1500MB data at Rs 300 valid for 30 days. Customers can type the required data pack and SMS to 1415 to purchase a data pack.</p>

<p style="text-align: justify;">Likewise, under night data pack, NT is offering 3GB data at Rs 200 and 6.5GB data at Rs 300 applicable from 10 pm to 6 am.</p>

<p style="text-align: justify;">Moreover, under Facebook and Instagram package under the scheme, customers are offered 110MB data at Rs 25 valid for 7 days. Similarly, 230MB data at Rs 50 for 14 days, 500MB data at Rs 100 for 28 days and 1100MB data at Rs 200 for 28 days are also offered by NT.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'created' => '2017-05-17',
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			'keywords' => '',
			'description' => '',
			'sortorder' => '5683',
			'image' => '20170517125244_nt.jpg',
			'article_date' => '2017-05-17 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(
	(int) 0 => array(
		'Article' => array(
			'id' => '5912',
			'article_category_id' => '1',
			'title' => 'Gorkha Brewery Installs Solar Lights in Dharan',
			'sub_title' => '',
			'summary' => 'May 19: Solar lights and CCTV cameras have been installed in Soti River, Bagarkot, Dharan with a support of Gorkha Brewery. 22 solar lights and three CCTV cameras have been installed in the area with the support. Earlier, the company also provided support on installation of 21 solar lights at Hattisar, Kathmandu. The company extended t',
			'content' => '<p style="text-align: justify;">May 19: Solar lights and CCTV cameras have been installed in Soti River, Bagarkot, Dharan with a support of Gorkha Brewery. 22 solar lights and three CCTV cameras have been installed in the area with the support. Earlier, the company also provided support on installation of 21 solar lights at Hattisar, Kathmandu. The company extended the support in collaboration with police and local people. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5697',
			'image' => '20170519021115_gorkha brewery.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 1 => array(
		'Article' => array(
			'id' => '5911',
			'article_category_id' => '1',
			'title' => 'Yeti and UNDP Inks Deal for SDGs',
			'sub_title' => '',
			'summary' => 'May 19: A Nepali domestic airlines company, Yeti Airlines and United Nation Development Program (UNDP) has inked a new agreement.',
			'content' => '<p style="text-align: justify;">May 19: A Nepali domestic airlines company, Yeti Airlines and United Nation Development Program (UNDP) has inked a new agreement.</p>

<p style="text-align: justify;">Yeti Airlines and UNDP made the agreement regarding promotion and achievement of sustainable development goals (SDGs) of Nepal. Renaud Meyer, Country Director, UNDP Nepal and Umesh Chandra Rai, CEO of Yeti Airlines signed the agreement paper on May 18.</p>

<p style="text-align: justify;">The SDGs target to end worldwide poverty by2030. Under the agreement, the UNDP and Yeti Airlines will collaborate to raise awareness on the SDGs.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5696',
			'image' => '20170519020244_yeti.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 2 => array(
		'Article' => array(
			'id' => '5910',
			'article_category_id' => '1',
			'title' => 'SEBON Raises Paid-up capital of Securities Brokers by 10folds',
			'sub_title' => '',
			'summary' => 'May 19: As per the first amendment of Securities Businessperson Regulation made by Securities board of Nepal (SEBON), securities broker companies are required to increase their paid-up capital by 10 folds to Rs 20 million. Earlier the paid-up capital was Rs 2 million.',
			'content' => '<p style="text-align: justify;">May 19: As per the first amendment of Securities Businessperson Regulation made by Securities board of Nepal (SEBON), securities broker companies are required to increase their paid-up capital by 10 folds to Rs 20 million. Earlier the paid-up capital was Rs 2 million.</p>

<p style="text-align: justify;">The first amendment of the regulation has also set new mechanism for branch expansion of broker companies. According to the amended regulation, &nbsp;brokers companies are compelled to obtain approval from SEBON before their branch expansion. The regulation authorizes SEBON of setting required infrastructure and other conditions for broker companies as well.</p>

<p style="text-align: justify;">&ldquo;The amendment has been made to make the services of broker companies nationwide and manageable,&rdquo; said SEBON. Similarly, as per the amended regulation, the head office of any broker company must be lead by commerce, management, economy, law graduate or a chartered accountant. Moreover, these stock brokers must employ at least five employees including compliance officer and information technology officer in their offices.&nbsp;</p>

<p style="text-align: justify;"><img alt="" src="/userfiles/images/sebon.jpg" style="height:565px; width:409px" /></p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5695',
			'image' => '20170519014612_sebon.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5909',
			'article_category_id' => '1',
			'title' => 'Sanjen Hydropower Appoints CIT as Issue Manager',
			'sub_title' => '',
			'summary' => 'May 19: Sanjen Hydropower Company has appointed an issue manager for its upcoming share issuance.  Sanjen appointed Citizens’ Investment Trust (CIT) as a lead issue manager to be supported by five other companies as assisting issue managers.',
			'content' => '<p style="text-align: justify;">May 19: Sanjen Hydropower Company has appointed an issue manager for its upcoming share issuance. &nbsp;Sanjen appointed Citizens&rsquo; Investment Trust (CIT) as a lead issue manager to be supported by five other companies as assisting issue managers.</p>

<p style="text-align: justify;">CIT signed an agreement with NCM Merchant Banking, Civil Capital Market, Prabhu Capital, NMB Capital and Global IME Capital regarding the share issuance on May 18.</p>

<p style="text-align: justify;">Ram Krishna Pokharel, Executive Director of CIT, Bijay Lal Shrestha, Managing Director of NCM, Parag Bista, CEO of Civil, Shanker Prasad Kalikota, General Manager of Prabhu Capital, Srijesh Ghimire, CEO of NMB Capital and Paras Mani Dhakal, CEO of Global IME Capital signed the agreement amid a program.</p>

<p style="text-align: justify;">&ldquo;The agreement was carried out to issue shares of first phase. Under this, group &lsquo;C&rsquo; shares allocated to employees of creditors&rsquo; company, promoter shares to employees, group &lsquo;D&rsquo; shares allocated to depositors of Employees Provident Fund (EPF)totaling 8,760,000 units of shares will be issued,&rdquo; said Udhav Silwal, Information Officer of CIT.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5694',
			'image' => '20170519125919_Sanjen.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5908',
			'article_category_id' => '1',
			'title' => 'Kwid Rolls out in Dang Market',
			'sub_title' => '',
			'summary' => 'May 19: Joshi Autovilla, Ghorahi has initiated sales of Kwid car in Dang. “Autovilla started the sales of Kwid in the absence of an official showroom,” said Aayush Shrestha, managing director of Autovilla. “The district does not have any dealer for the Kwid. I started the sales of the car for the first time in the area. Customers are gradually b',
			'content' => '<p style="text-align: justify;">May 19: Joshi Autovilla, Ghorahi has initiated sales of Kwid car in Dang. &ldquo;Autovilla started the sales of Kwid in the absence of an official showroom,&rdquo; said Aayush Shrestha, managing director of Autovilla. &ldquo;The district does not have any dealer for the Kwid. I started the sales of the car for the first time in the area. Customers are gradually being attracted to the car,&rdquo; he added.</p>

<p style="text-align: justify;">Advance Automobile, the authorized distributor of Renault Kwid launched the car during the last Dashain. The car with advance features has been priced Rs 1.8 million to Rs 5.6 million in the domestic market, informed Shrestha. Kwid, a product of French carmaker company is the top selling car of India. Because of its best ground clearance, it is suitable to Nepali territory as well, Shrestha stated.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5693',
			'image' => '20170519113646_kwid.jpg',
			'article_date' => '2017-05-19 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' => '5907',
			'article_category_id' => '1',
			'title' => 'Civil Bank Endorses Bonus',
			'sub_title' => '',
			'summary' => 'May 19: Civil Bank Ltd is distributing nearly three percent bonus to its shareholders. The 6th annual general meeting of the bank held on May 18 endorsed a proposal regarding the bonus. Moreover, the meeting also endorsed a Due Diligence Audit (DDA) report of Unique Finance and Hama Merchant Finance submitted by valuator J B Rajbhandary an',
			'content' => '<p style="text-align: justify;">May 19: Civil Bank Ltd is distributing nearly three percent bonus to its shareholders. The 6<sup>th</sup> annual general meeting of the bank held on May 18 endorsed a proposal regarding the bonus. Moreover, the meeting also endorsed a Due Diligence Audit (DDA) report of Unique Finance and Hama Merchant Finance submitted by valuator J B Rajbhandary and DiBins for acquirement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5692',
			'image' => '20170519110910_civil bank.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5906',
			'article_category_id' => '1',
			'title' => 'NIC Asia Bank Starts 4 New Branches in Its Network',
			'sub_title' => '',
			'summary' => 'May 19: NIC Asia Bank has started new branches in four locations. The bank inaugurated the new branches organizing separate programs on May 18.',
			'content' => '<p style="text-align: justify;">May 19: NIC Asia Bank has started new branches in four locations. The bank inaugurated the new branches organizing separate programs on May 18.</p>

<p style="text-align: justify;">The bank&rsquo;s branch at Manigram was inaugurated by Gunanidhi Bhandari, President of Tilotama Chamber of Commerce and Industries; the branch at Nayapul, Kaski was inaugurated by Kul Bahadur Gurung, local of Kaski; the branch at Saljhandi was inaugurated by Raj Bahadur Chettri, President of Sainamaina Chamber of Commerce and Industries; and the branch at Rudrapur was inaugurated by Surendra Prasad Shrestha, central member of FNCCI.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-19',
			'modified' => '2017-05-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5691',
			'image' => '20170519110003_nic.jpg',
			'article_date' => '2017-05-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5905',
			'article_category_id' => '1',
			'title' => 'Cyber Law in the offing',
			'sub_title' => '',
			'summary' => 'May 18: Nepal Telecommunication Authority has started working on cyber law formulation. According to Digambar Jha, Chairman of NEA, policies and strategies related with cyber law has already been set and NEA, with a support of ITU, has already initiated the process of formulating the cyber law. “Presently, many worldwide countries',
			'content' => '<p style="text-align:justify">May 18: Nepal Telecommunication Authority has started working on cyber law formulation. According to Digambar Jha, Chairman of NEA, policies and strategies related with cyber law has already been set and NEA, with a support of ITU, has already initiated the process of formulating the cyber law. &ldquo;Presently, many worldwide countries are going through cyber security threats. Thus cyber law is essential to prevent any cyber threats and assure cyber security to general people,&rdquo; Jha said.</p>

<p style="text-align:justify">Meanwhile, NEA is supporting Nepal police in building digital forensic lab. NEA is providing financial support to purchase required equipments for the lab. Jha informed that in a bid to utilize and manage the same lab for cyber crimes investigation, NEA is extending its support to Nepal Police.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5690',
			'image' => '20170518030145_cyber.jpg',
			'article_date' => '2017-05-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5904',
			'article_category_id' => '1',
			'title' => 'Finance Ministry Approves License of 10 Life Insurance Companies',
			'sub_title' => '',
			'summary' => 'May 18: Ministry of Finance has approved of providing license to 10 new life insurance companies. Krishna Bahadur Mahara, Deputy Prime Minister and Finance Minister of Nepal approved Insurance Board (IB) to grant license to 10 out of 12 life insurance companies on May 17.',
			'content' => '<p style="text-align: justify;">May 18: Ministry of Finance has approved of providing license to 10 new life insurance companies. Krishna Bahadur Mahara, Deputy Prime Minister and Finance Minister of Nepal approved Insurance Board (IB) to grant license to 10 out of 12 life insurance companies on May 17.</p>

<p style="text-align: justify;">The to-be established new insurance companies required to have paid-up capital of Rs 2 billion. After the licensing of 10 new companies, Nepal will have 19 life insurance companies. Presently, nine insurance companies are operating in Nepal. According to Finance Minister, it approved license of Reliable Life Insurance, Citizen Life Insurance, Star Life Insurance, Reliance Life Insurance, Sun Life Insurance, IME Life Insurance, Mahalaxmi Life Insurance, Jyoti Life Insurance, Sanima Life Insurance and Union Life Insurance.</p>

<p style="text-align: justify;">Similarly, according to Insurance Board, five non-life insurance are also waiting for their license. With the additions, number of non-life insurance will reach 22.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5689',
			'image' => '20170518022203_finance-ministry.jpg',
			'article_date' => '2017-05-18 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' => '5903',
			'article_category_id' => '1',
			'title' => 'Upper Tamakoshi Hydropower Concludes 9th AGM',
			'sub_title' => '',
			'summary' => 'May 18: Upper Tamakoshi Hydropower Company Ltd has concluded its 9th annual general meeting on May 17. The meeting endorsed the annual report and financial report of the FY 2072/73 presented by Kul Man Ghising, Chairman of the company. The meeting also approved the appointment and fee of auditor for the FY 207',
			'content' => '<p style="text-align: justify;">May 18: Upper Tamakoshi Hydropower Company Ltd has concluded its 9<sup>th</sup> annual general meeting on May 17. The meeting endorsed the annual report and financial report of the FY 2072/73 presented by Kul Man Ghising, Chairman of the company. The meeting also approved the appointment and fee of auditor for the FY 2073/74.&nbsp; As per the decision, two auditors will be appointed in the company. They will be paid Rs 250,000 each as a fee.</p>

<p style="text-align: justify;">The company was established on 2063 BS to construct, operate and manage the Upper Tamakoshi Hydropower Project. The main objective of the company was to minimize power shortage by building the national priority project of 456 MW within 2073/74. As per the plan, nearly 79 percent work was completed by mid-April 2015. However, the devastating earthquake of 25 April 2015 followed by the Terai unrest badly affected the project. As a result, only 87 percent of the work was completed by the second quarter of the current FY 2073/74, informs the company.</p>

<p style="text-align: justify;">In the AGM, Chairman Ghising directed the company officials to build at least one unit within June 2018. &ldquo;The board of directors is also exerting to complete the project within stipulated time frame,&rdquo; he said.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5688',
			'image' => '20170518020614_upper tamakoshi.jpg',
			'article_date' => '2017-05-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 10 => array(
		'Article' => array(
			'id' => '5902',
			'article_category_id' => '1',
			'title' => 'Capital Expenditures Doubles in Current FY',
			'sub_title' => '',
			'summary' => 'May 18: In the first nine months of the current FY, the government has spend Rs 74.09 billion on development projects, shows a report of Nepal Rastra Bank. According to the report ‘Current Macroeconomic and Financial Situation of Nepal’ that is based on nine months’ data of the economy, the figure is 23.75 percent of the total allocated budget of capital expenditure.',
			'content' => '<p style="text-align: justify;">May 18: In the first nine months of the current FY, the government has spend Rs 74.09 billion on development projects, shows a report of Nepal Rastra Bank. According to the report &lsquo;Current Macroeconomic and Financial Situation of Nepal&rsquo; that is based on nine months&rsquo; data of the economy, the figure is 23.75 percent of the total allocated budget of capital expenditure.</p>

<p style="text-align: justify;">The capital expenditure which gives returns in future was Rs 32.44 billion in the first nine months of the last FY. As per the NRB statistics, the government spent more than twice on the capital expenditure in the review period of the current FY compared to the corresponding period of the last FY. &nbsp;Economists opined that given that the government make enormous investment in the capital expenditure and continues it, economic activities will increase which will eventually accelerate development process in the country.</p>

<p style="text-align: justify;">&ldquo;Boost in capital expenditure opens door of opportunities,&rdquo; opined Daya Ram Pandey, an economist. &ldquo;Growth in economic activities will lead to new employment opportunities, citizens will earn both name and fame,&rdquo; said Pandey, &ldquo;Increase in capital investment provides positive result to economy.&rdquo;</p>

<p style="text-align: justify;">In the review period, the total government expenditure on a cash basis increased 46.6 percent to Rs 419.93 billion. Such expenditure had increased just 8 percent to Rs 286.54 billion in the corresponding period of the previous year.</p>

<p style="text-align: justify;">Apart from capital expenditure, the recurrent expenditure increased 44.6 percent to Rs 305.77 billion in the review period. &nbsp;Such expenditure stood at Rs 211.44 billion in the corresponding period of the previous year.</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5687',
			'image' => '20170518122710_cap.JPG',
			'article_date' => '2017-05-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 11 => array(
		'Article' => array(
			'id' => '5901',
			'article_category_id' => '1',
			'title' => 'iPhone Slashes Price in Nepali Market',
			'sub_title' => '',
			'summary' => 'May 18: iPhone has slashed price of its products in the Nepali market.  Generation Next Communication, the authorized distributor of iPhone for Nepal informed of the price reduction in Nepal. According to the company, iPhone 7 32GB in Black has been priced Rs 86,000 after the price slash.',
			'content' => '<p style="text-align: justify;">May 18: iPhone has slashed price of its products in the Nepali market. &nbsp;Generation Next Communication, the authorized distributor of iPhone for Nepal informed of the price reduction in Nepal. According to the company, iPhone 7 32GB in Black has been priced Rs 86,000 after the price slash.</p>

<p style="text-align: justify;">Similalry, iPhone 7 128GB Gold, Rose Gold, Black, Jet Black and Red has been priced Rs 99,800. Likewise, iPhone 7 256GB has been priced Rs 112,000, iPhone 7 plus 32GB has been priced Rs 105,000 and iPhone 7 plus 128GB has been priced Rs 119,000.</p>

<p style="text-align: justify;">As per the company, the customers can now purchase iPhone 7 plus 256GB at Rs 132,000. In case of iPhone 6, customers can purchase iPhone6 64GB at Rs 68,000, 128GB at Rs 78,000 and SE 64GB at Rs 52,500. Likewise, iPhone 6S 32GB can be purchased at Rs 72,800 and iPad Pro 6.7 with smart keyboard can be purchased at Rs 17,500.</p>

<p style="text-align: justify;">Additionally, the company is providing free Ncell data &nbsp;of 1GB per month for six months along with one back cover and tempered glass on iPhone 7 and 7 Plus. The iPhone products are available in monthly installment too, said the company.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5686',
			'image' => '20170518110617_iphone.jpg',
			'article_date' => '2017-05-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5900',
			'article_category_id' => '1',
			'title' => 'NIC Asia Bank Starts 9 Branches At Once',
			'sub_title' => '',
			'summary' => 'May 18: NIC Asia has opened nine new branches on a single day. The bank inaugurated the branches organizing separate programs on May 17. With the additions, the number of branches has reached 107.',
			'content' => '<p style="text-align: justify;">May 18: NIC Asia has opened nine new branches on a single day. The bank inaugurated the branches organizing separate programs on May 17. With the additions, the number of branches has reached 107.</p>

<p style="text-align: justify;">Among the new branches, Sauraha Pharsatikar branch was inaugurated by Surendra Prasad Shrestha, central member of Federation of Nepalese Chamber of Commerce and Industries (FNCCI). Similarly, Dhakdhahi branch was inaugurated by Krishna Prasad Sharma, another central member of FNCCI. Likewise, Bhumahi branch was inaugurated by Bhim Bahadur Thapa, yet another central member of FNCCI and Bansgadhi branch was inaugurated by Guru Prasad Poudel, Director of Nepal Rastra Bank (NRB), Nepalgunj branch. Moreover, Parsa branch was inaugurated by Guna Raj Shrestha, President of Khairahani Chamber of Commerce and Industries and Tandi branch was inaugurated by Gyan Bahadur Bisural, President of Ratnanagar Chamber of Commerce and Industries.</p>

<p style="text-align: justify;">Furthermore, Dulegauda and Bhimad branch were inaugurated by Krishna Raj Pandit, President of Tanahun Chamber of Commerce and Industries and Hakim Chowk branch was inaugurated by Rajan Gautam, President of Chitwan Chamber of Commerce and Industries.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-05-18',
			'modified' => '2017-05-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5685',
			'image' => '20170518104014_NIC.jpg',
			'article_date' => '2017-05-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5899',
			'article_category_id' => '1',
			'title' => 'Implementation of Clean Feed Policy Faces Challenges',
			'sub_title' => '',
			'summary' => 'May 17: In a bid to prohibit foreign pay television channels to run advertisement from coming July 16, the government approved ‘Clean Feed Policy’ on last July 22. The government announced the policy to be implemented in both free and pay foreign television channels. However, with the nearing implementation phase of the policy, execution of the policy seems challenging.',
			'content' => '<p style="text-align: justify;">May 17: In a bid to prohibit foreign pay television channels to run advertisement from coming July 16, the government approved &lsquo;Clean Feed Policy&rsquo; on last July 22. The government announced the policy to be implemented in both free and pay foreign television channels. However, with the nearing implementation phase of the policy, execution of the policy seems challenging.</p>

<p style="text-align: justify;">Presently, Nepal broadcasts nearly 150 foreign channels through downlink. Apart from programs, these channels also broadcast advertisement freely.&nbsp; Although the government collects revenue from advertisement broadcasted from domestic channels, foreign channels, however, do not need to pay such revenue. This has caused big losses not only to state but also to domestic advertisement industries. Thus the policy has ended the vacuum hanging above clean feed policy in Nepali television sector.</p>

<p style="text-align: justify;">Although few television channels that are being broadcasted from Singapore are advertisement free, majority of foreign channels broadcast advertisement too. As per international practices, pay foreign channels needs to be advertisement free to be broadcasted in any national territory.</p>

<p style="text-align: justify;">The advertisement broadcasted in such foreign TV channels are irrelevant to the government, public, domestic broadcasting company and advertisement market. Moreover, it also negatively affect legal and cultural sector of any particular country. In a bid to end such circumstances, the government is implementing clean feed broadcast of foreign TV channels in Nepal.</p>

<p style="text-align: justify;">In order to implement the clean feed policy, the government formulated a suggestion committee on the last February 13 to suggest technical, legal and organizational mechanism. The committee, however, surpassed the deadline of three weeks given to submit a report on the policy.</p>

<p style="text-align: justify;">Implementation of the policy will lead to market expansion for domestic advertisement agencies and television channels. Along with the expansion of advertisement industries, government revenue will also increase. Nevertheless, the committee predicts that the signal price of foreign channels might increase in the course.</p>

<p style="text-align: justify;">The preliminary report also points out that time frame of foreign TV channels may not go parallel with Nepali time as the channels needs to block advertisement.</p>

<p style="text-align: justify;">Similarly, few television channels distributed by foreign broadcaster might close due to inability of preparing clean feed for Nepal.</p>

<p style="text-align: justify;">&nbsp;</p>
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		'Article' => array(
			'id' => '5898',
			'article_category_id' => '1',
			'title' => 'NT Announces Various Schemes on Telecommunication Day',
			'sub_title' => '',
			'summary' => 'May 17: Nepal Telecom (NT) has announced various promotional schemes on the occasion of World Telecommunication and Information Society Day and 100th anniversary of telephone service in Nepal. Issuing a press statement, the company said that the offer that is available to GSM and CDMA mobile services will last till August 12.',
			'content' => '<p style="text-align: justify;">May 17: Nepal Telecom (NT) has announced various promotional schemes on the occasion of World Telecommunication and Information Society Day and 100<sup>th</sup> anniversary of telephone service in Nepal. Issuing a press statement, the company said that the offer that is available to GSM and CDMA mobile services will last till August 12.</p>

<p style="text-align: justify;">Under the scheme, customers of GSM services are offered 4G data packages. Similarly, customers of CDMA services are offered all time data packages and night data packages.</p>

<p style="text-align: justify;">Under the 4G data package, NT has offered 200MB data pack at Rs 50 valid for 7 days and 500MB data pack at Rs 100 valid for 14 days. Similarly, customers can also choose from 1200MB data pack at Rs 200 valid for 28 days, 2000MB data at Rs 300 valid for 28 days and 3600MB data at Rs 500 for 28 days. In order to purchase a data pack, customers will have to type the required data pack and SMS to 1415.</p>

<p style="text-align: justify;">Similarly, under all time data pack, small data packs have been added under which customers are offered 60MB data at Rs 25 valid for 7 days. NT also offered 125MB data at Rs 50 valid for 14 days and 400MB data at Rs 100 valid for 30 days. Moreover, the customers can also purchase 850MB data at Rs 200 valid for 30 days and 1500MB data at Rs 300 valid for 30 days. Customers can type the required data pack and SMS to 1415 to purchase a data pack.</p>

<p style="text-align: justify;">Likewise, under night data pack, NT is offering 3GB data at Rs 200 and 6.5GB data at Rs 300 applicable from 10 pm to 6 am.</p>

<p style="text-align: justify;">Moreover, under Facebook and Instagram package under the scheme, customers are offered 110MB data at Rs 25 valid for 7 days. Similarly, 230MB data at Rs 50 for 14 days, 500MB data at Rs 100 for 28 days and 1100MB data at Rs 200 for 28 days are also offered by NT.</p>

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