Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]
Code Context
//    $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
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		'Article' => array(
			'id' => '5730',
			'article_category_id' => '1',
			'title' => 'ICFC Starts Two Branches in Chitwan',
			'sub_title' => '',
			'summary' => 'April 20: ICFC Finance has opened two branches in Jaymangala and Khurkhure of Chitwan. Ram Babu Panta, CEO of the finance company inaugurated the both branches in the separate programs organized on April 19. The finance has earned Rs 160 million net profit by the second quarter of the ',
			'content' => '<p style="text-align: justify;">April 20: ICFC Finance has opened two branches in Jaymangala and Khurkhure of Chitwan. Ram Babu Panta, CEO of the finance company inaugurated the both branches in the separate programs organized on April 19. The finance has earned Rs 160 million net profit by the second quarter of the current FY. Presently, it is providing its services through 14 branches, one extension counter and 10 ATM outlets. On the occasion, the finance company informed that it will soon open one more branch in Jyoti Nagar of Chitwan.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-20',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5515',
			'image' => '20170420121010_icfc.jpg',
			'article_date' => '2017-04-20 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '5729',
			'article_category_id' => '1',
			'title' => 'Siddhartha’s Discount for NMB’s Customers',
			'sub_title' => '',
			'summary' => 'April 20: Customers of NMB Bank will be getting 10 percent discount in outlets under Siddhartha Business Group of Hospitality. The customers by using their VISA card can get the discount. NMB Bank and Siddhartha Business Group signed an agreement regarding the matter on April 19. Sudesh Upadhyaya, Chief Business Officer of the bank and Krishna Neupane, CEO of Siddhartha Business Group signed the agreement paper amid a program. T',
			'content' => '<p style="text-align: justify;">April 20: Customers of NMB Bank will be getting 10 percent discount in outlets under Siddhartha Business Group of Hospitality. The customers by using their VISA card can get the discount. NMB Bank and Siddhartha Business Group signed an agreement regarding the matter on April 19. Sudesh Upadhyaya, Chief Business Officer of the bank and Krishna Neupane, CEO of Siddhartha Business Group signed the agreement paper amid a program. The main aim of the agreement is to provide good experience to the customers through the discount offer, said the bank in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-20',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5514',
			'image' => '20170420115800_nmb.jpg',
			'article_date' => '2017-04-20 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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		'Article' => array(
			'id' => '5728',
			'article_category_id' => '1',
			'title' => 'NB and Citizens in a Bancassurance Pact',
			'sub_title' => '',
			'summary' => 'April 20: NB Insurance and Citizens’ Bank International has entered into a bancassurance pact. Yugesh Bhakta Bade Shrestha, CEO of NB and Rajan Singh Bhandari, CEO of Citizens Bank signed the bancassurance agreement amid a program. After the agreement, customers of the bank can get all the services of the NB Insurance through all the branches of the bank, said the bank in a press statement. ',
			'content' => '<p style="text-align: justify;">April 20: NB Insurance and Citizens&rsquo; Bank International has entered into a bancassurance pact. Yugesh Bhakta Bade Shrestha, CEO of NB and Rajan Singh Bhandari, CEO of Citizens Bank signed the bancassurance agreement amid a program. After the agreement, customers of the bank can get all the services of the NB Insurance through all the branches of the bank, said the bank in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-20',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5513',
			'image' => '20170420114203_nb.jpg',
			'article_date' => '2017-04-20 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 3 => array(
		'Article' => array(
			'id' => '5727',
			'article_category_id' => '1',
			'title' => 'Right Share Issuance of Nepal Bank Commences',
			'sub_title' => '',
			'summary' => 'April 20: Nepal Bank is issuing 100:23.74 right shares to its existing shareholders from today i.e. April 20. The bank which is issuing 15,431,840 units of right shares with a face value of Rs 100 will close the issuance on May 24.  ',
			'content' => '<p style="text-align: justify;">April 20: Nepal Bank is issuing 100:23.74 right shares to its existing shareholders from today i.e. April 20. The bank which is issuing 15,431,840 units of right shares with a face value of Rs 100 will close the issuance on May 24. &nbsp;</p>

<p style="text-align: justify;">The existing shareholders registered by April 10 can apply for the right shares. Civil Capital Market Ltd is the share registrar of the bank. The interested existing shareholders can apply for the right shares from Civil Capital Market at CTC Mall, Kathmandu along with all the branches of the Nepal bank. Presently, Nepal Bank has paid-up capital of Rs 6.49 billion which will reach to Rs 8.04 billion after issuance of the right shares.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-20',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5512',
			'image' => '20170420112146_nepal bank.jpg',
			'article_date' => '2017-04-20 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 4 => array(
		'Article' => array(
			'id' => '5726',
			'article_category_id' => '1',
			'title' => 'Kailash Bank Appoints Poudel as Chairman  ',
			'sub_title' => '',
			'summary' => 'April 19: Kailash Bikas Bank has appointed Narayan Prasad Poudel as the chairman of the bank. Rajendra Giri who was appointed by the general meeting as the chairman of the bank for the third tenure in Poush was dismissed by the court. Earlier, the shareholders of the other institutions that we',
			'content' => '<p style="text-align:justify">April 19: Kailash Bikas Bank has appointed Narayan Prasad Poudel as the chairman of the bank. Rajendra Giri who was appointed by the general meeting as the chairman of the bank for the third tenure in Poush was dismissed by the court. Earlier, the shareholders of the other institutions that were merged with the bank filed a writ petition against the chairman&rsquo;s tenure in the court. The court gave the verdict that no one can hold his/her position as a chairman for more than two tenure. Thus, the bank appointed Poudel as the new chairman.</p>

<p style="text-align:justify">Similarly, Amrit Charan Shrestha has been appointed as CEO of the bank for the next four years. The board of directors meeting of the bank held on April 17 appointed Poudel and Shrestha as chairman and CEO of the bank.</p>

<p style="text-align:justify">According to the bank, the newly appointed CEO Shrestha will take over his responsibility from May 28. Previously, Shrestha was CEO of NCC Bank.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5511',
			'image' => '20170419052338_kailash.jpg',
			'article_date' => '2017-04-19 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' => '5725',
			'article_category_id' => '1',
			'title' => 'MoI to reach its Capital Expenditure to 80 Percent',
			'sub_title' => '',
			'summary' => 'April 19: The Ministry of Industry (MoI) has said it would reach the capital expenditure of the current fiscal year (FY) to 80 percent.',
			'content' => '<p style="text-align: justify;">April 19: The Ministry of Industry (MoI) has said it would reach the capital expenditure of the current fiscal year (FY) to 80 percent.</p>

<p style="text-align: justify;">The Ministry has targeted to spend the remaining 50 percent of its allocated development expenditure when only three months remain for completion of the fiscal year.</p>

<p style="text-align: justify;">Industry Minister Nabindra Raj Joshi while directing the staff of the Ministry on April 18 stressed on continuing works to reach the target of capital expenditure.</p>

<p style="text-align: justify;">According to the Financial Comptroller General Office (FCGO), the current expenditure of the Ministry was 36.26 percent and capital expenditure 23.34 percent till March 13 this year.</p>

<p style="text-align: justify;">The ratio of the capital expenditure is minimal as compared to the current expenditure of the ministry.</p>

<p style="text-align: justify;">The total expenditure of the government has only reached 52.61 percent on current and 26.60 percent on capital expenditure so far.</p>

<p style="text-align: justify;">According to Purushottam Nepal, Head of the Planning Department of the Ministry, the capital expenditure of the Ministry has so far reached to 30 percent.</p>

<p style="text-align: justify;">According to Nepal, the Ministry should spend more than 50 percent in the remaining period of three months to reach the capital expenditure 80 percent as directed by the minister.</p>

<p style="text-align: justify;">Nepal, who is also the spokesperson of MoI, claimed that capital expenditure will reach 80 percent as 77 percent of total budget is allocated on industrial infrastructure. He said, &ldquo;The major portion of the budget is allocated in mining and access roads to industries and also in electricity transmission lines.&rdquo;</p>

<p style="text-align: justify;">According to Nepal, of the Rs 700 million allocated for roads, Rs 230 million has already been spent. The remaining amount will be spent through the Department of Roads (DoR).</p>

<p style="text-align: justify;">Nepal said assurances have been received that of the Rs 220 million allocated for transmission lines, all the amounts except for Rs 15 million will be spent.</p>

<p style="text-align: justify;">Nepal said that it seems the expenditure of the remaining Rs 300 million to Rs 400 million is in doubt, but if the local level election is held on time, the staff working on election will return, and the capital expenditure can increase.&nbsp;&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5510',
			'image' => '20170419051630_moi.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
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	(int) 6 => array(
		'Article' => array(
			'id' => '5724',
			'article_category_id' => '1',
			'title' => 'Spending Capacity of the Government Weak: Stakeholders',
			'sub_title' => '',
			'summary' => 'April 19: As the government has started preparing for upcoming budget of next FY, stakeholders have expressed their concern over the weakening spending capacity of the gov',
			'content' => '<p style="text-align: justify;">April 19: As the government has started preparing for upcoming budget of next FY, stakeholders have expressed their concern over the weakening spending capacity of the government. The participants of an interaction program organized by Economic Policy Analysis Division of Finance Ministry in Kathmandu on April 18 expressed the concern over the government spending capacity.</p>

<p style="text-align: justify;">According to them, failure of spending allocated budget, decreasing ratio of capital expenditure in total expenditure and current expenditure exceeding revenue collection are the issues to concern. &nbsp;Dr Swarnim Wagle, member of National Planning Commission expressed his concern over the country being more remittance oriented rather than to mobilize internal resources.</p>

<p style="text-align: justify;">As per the statistics of Finance Ministry, the ratio of government debt to gross domestic product (GDP) is at 27.4 percent whereas the ratio of foreign debt to GDP is 17 percent. Presently,the country has Rs 382 billion foreign debt. Thus, the increasing foreign debt, shrinking development expenditure and dependency on remittance has made the country reliant, said speakers.</p>

<p style="text-align: justify;">The speakers opined that the government should prioritize saving, investment and capital formation in order to increase economic growth through promotion of productive sector in economic policy. Similarly, they stressed that the financial policy should manage the expenses and public debt except revenue collection. Likewise, economists stressed that the monetary policy should administer inflation, currency demand and foreign exchange along with financial interest rate. &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5509',
			'image' => '20170419043051_gove.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 7 => array(
		'Article' => array(
			'id' => '5723',
			'article_category_id' => '1',
			'title' => 'Nepal gets its own Back-up Data Center',
			'sub_title' => '',
			'summary' => 'April 19: A data centre has been constructed in Hetauda with a cost of Rs 200 million in order to preserve important information and business documents of government and private sector. The data centre, which is the back up of central data center of Singhadurbar, has been constructed in 10 kath',
			'content' => '<p style="text-align:justify">April 19: A data centre has been constructed in Hetauda with a cost of Rs 200 million in order to preserve important information and business documents of government and private sector. The data centre, which is the back up of central data center of Singhadurbar, has been constructed in 10 kathas of land in Huprachaur of Hetauda. The construction work of the data centre was handed over by Korean International Cooperation Agency (KOICA) to a local company, Nepal Aadarsha Company.</p>

<p style="text-align:justify">&ldquo;Nepal Aadarsha Company has completed construction of the new data center within given 18 months of period,&rdquo; said Krishna Govinda Khayamali. &ldquo;The company is preparing to handover the newly made building to the government,&rdquo; he added. He said that despite of border blockade and Tarai unrest, the company continued the work to complete the data center on time.&rdquo; Construction of the building started on November 2015. &nbsp;</p>

<p style="text-align:justify">The Ministry of Finance and KOICA made an agreement to construct the data center as a museum of governmental and non-governmental information. According to Anup Baskota, Director of the center, the final agreement was delayed after the signing of initial agreement three years back due to change in leadership in KOICA. It was decided that the KOICA will hand over the building after completing construction. &nbsp;</p>

<p style="text-align:justify">Anup Baskota, Executive Director of the center and Yong Aa Goley, Head of KOICA signed on the agreement paper. Under the agreement, the Nepal government will provide training to engineers, land for construction and manage manpower and office placing. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5508',
			'image' => '20170419022701_data.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 8 => array(
		'Article' => array(
			'id' => '5722',
			'article_category_id' => '1',
			'title' => 'Arghakhanchi Cement Supports ‘No Horn’ Campaign',
			'sub_title' => '',
			'summary' => 'April 19: Arghakhanchi Cement has supported newly initiated ‘No Horn’ campaign. The company, under its corporate social responsibility, supported the campaign prohibiting honking horns by vehicles.  Arghakhanchi cement is alerting public about the campaign by placing boards at various locations in the valley, said the company in a press statement.',
			'content' => '<p>April 19: Arghakhanchi Cement has supported newly initiated &lsquo;No Horn&rsquo; campaign. The company, under its corporate social responsibility, supported the campaign prohibiting honking horns by vehicles. &nbsp;Arghakhanchi cement is alerting public about the campaign by placing boards at various locations in the valley, said the company in a press statement.</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5507',
			'image' => '20170419125803_arghakhanchi.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5721',
			'article_category_id' => '1',
			'title' => 'Regmi and Poudel Appointed NRB Director',
			'sub_title' => '',
			'summary' => 'April 19: Ramji Regmi and Shri Ram Poudel have been appointed as Directors of Nepal Rastra Bank (NRB). The cabinet of minister on April 16 appointed Regmi and Poudel as directors of NRB for next five years. Previously, Regmi was chairman of Nepal Stock Exchange whereas Poudel was a former NRB director.',
			'content' => '<p style="text-align: justify;">April 19: Ramji Regmi and Shri Ram Poudel have been appointed as Directors of Nepal Rastra Bank (NRB). The cabinet of minister on April 16 appointed Regmi and Poudel as directors of NRB for next five years. Previously, Regmi was chairman of Nepal Stock Exchange whereas Poudel was a former NRB director.</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5506',
			'image' => '20170419122808_nrb.JPG',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5720',
			'article_category_id' => '1',
			'title' => 'Gurkhas Finance in Janagal',
			'sub_title' => '',
			'summary' => 'April 19: Gurkhas Finance has started its 10th branch at Janagal of Kavre. Sur Krishna Vaidhya, President of Kavre Chamber of Commerce and Industries inaugurated the branch amid a program on April 17. The finance has collected deposit of Rs 3.41 billion and extended loan of Rs 3.11 billion till the second quarter of the current FY. The finance company with a paid-up capital of Rs 578.6 million is preparing to issue 2:1 right shares to its existing shareholders.',
			'content' => '<p style="text-align: justify;">April 19: Gurkhas Finance has started its 10<sup>th</sup> branch at Janagal of Kavre. Sur Krishna Vaidhya, President of Kavre Chamber of Commerce and Industries inaugurated the branch amid a program on April 17. The finance has collected deposit of Rs 3.41 billion and extended loan of Rs 3.11 billion till the second quarter of the current FY. The finance company with a paid-up capital of Rs 578.6 million is preparing to issue 2:1 right shares to its existing shareholders.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5505',
			'image' => '20170419114004_gorkhas finance.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 11 => array(
		'Article' => array(
			'id' => '5719',
			'article_category_id' => '1',
			'title' => 'Midea Trip to Bangkok',
			'sub_title' => '',
			'summary' => 'April 19: Airtech Industries, the authorized distributor of Midea air conditioner for Nepal has launched ‘Midea Trip to Bangkok’ offer. The company, on the purchase of Midea air conditioner, will provide a coupon to the customer.  Based on the coupon, three lucky winners will get a chance to win a trip of 4 nights and 5 days to Bangkok, said the company in a press statement. ',
			'content' => '<p style="text-align: justify;">April 19: Airtech Industries, the authorized distributor of Midea air conditioner for Nepal has launched &lsquo;Midea Trip to Bangkok&rsquo; offer. The company, on the purchase of Midea air conditioner, will provide a coupon to the customer. &nbsp;Based on the coupon, three lucky winners will get a chance to win a trip of 4 nights and 5 days to Bangkok, said the company in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5504',
			'image' => '20170419112624_midea.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5718',
			'article_category_id' => '1',
			'title' => 'Max Vision Appoints NIC Asia Capital as Issue Manager',
			'sub_title' => '',
			'summary' => 'April 19: Max Vision Ltd has appointed NIC Asia Capital as its issue manager. The company is set to issue 500,000 units of general shares in near future for which it appointed NIC Asia as share registrar and issue manager. Ram Chandra Khanal, CEO of NIC Asia Capital and Keshav Prasad Shrestha, Chairman of Max Vision signed a memorandum of understanding regarding the matter amid a program on April 18. ',
			'content' => '<p style="text-align: justify;">April 19: Max Vision Ltd has appointed NIC Asia Capital as its issue manager. The company is set to issue 500,000 units of general shares in near future for which it appointed NIC Asia as share registrar and issue manager. Ram Chandra Khanal, CEO of NIC Asia Capital and Keshav Prasad Shrestha, Chairman of Max Vision signed a memorandum of understanding regarding the matter amid a program on April 18.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5503',
			'image' => '20170419110836_nic.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5717',
			'article_category_id' => '1',
			'title' => 'Sahayogi Bikas Bank to issue Right Shares',
			'sub_title' => '',
			'summary' => 'April 18: Securities Board of Nepal (SEBON) has approved right share of Sahayogi Bikas Bank on April 18. The bank is set to issue 10:3.5 right shares to its existing shareholders. Sahayogi will issue 111,135 units of equity shares with a face value of Rs 100. The bank has appointed NCM Merchant Banking Ltd as its Issue Manager. ',
			'content' => '<p style="text-align: justify;">April 18: Securities Board of Nepal (SEBON) has approved right share of Sahayogi Bikas Bank on April 18. The bank is set to issue 10:3.5 right shares to its existing shareholders. Sahayogi will issue 111,135 units of equity shares with a face value of Rs 100. The bank has appointed NCM Merchant Banking Ltd as its Issue Manager.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-18',
			'modified' => '2017-04-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5502',
			'image' => '20170418045102_sahayogi.jpg',
			'article_date' => '2017-04-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 14 => array(
		'Article' => array(
			'id' => '5716',
			'article_category_id' => '1',
			'title' => 'Energy Minister Sets Ambitious Goal: 17,000 MW Power in 7 Years',
			'sub_title' => '',
			'summary' => 'April 18: Janardan Sharma, Energy Minister of Nepal has said that the per capita electricity consumption of Nepal will be raised to 2000 units in next seven years. In an interaction program organized by Ministry of Energy on April 17, he said by raising power production to 17,000 MW during the period, the per capita power c',
			'content' => '<p style="text-align: justify;">April 18: Janardan Sharma, Energy Minister of Nepal has said that the per capita electricity consumption of Nepal will be raised to 2000 units in next seven years. In an interaction program organized by Ministry of Energy on April 17, he said by raising power production to 17,000 MW during the period, the per capita power consumption will be increased.</p>

<p style="text-align: justify;">The government will produce 8,000 MW under direct leadership whereas 17,000 MW will be produced through other. The back counting of the seven years start from today,&rdquo; he said. Presently, Nepal produces nearly 506MW power. If the 369MW power imported from India is to considered, per capital power consumption of the present era reach 160 units.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-18',
			'modified' => '2017-04-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5501',
			'image' => '20170418024507_transmission line.jpg',
			'article_date' => '2017-04-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
Code Context
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5730',
			'article_category_id' => '1',
			'title' => 'ICFC Starts Two Branches in Chitwan',
			'sub_title' => '',
			'summary' => 'April 20: ICFC Finance has opened two branches in Jaymangala and Khurkhure of Chitwan. Ram Babu Panta, CEO of the finance company inaugurated the both branches in the separate programs organized on April 19. The finance has earned Rs 160 million net profit by the second quarter of the ',
			'content' => '<p style="text-align: justify;">April 20: ICFC Finance has opened two branches in Jaymangala and Khurkhure of Chitwan. Ram Babu Panta, CEO of the finance company inaugurated the both branches in the separate programs organized on April 19. The finance has earned Rs 160 million net profit by the second quarter of the current FY. Presently, it is providing its services through 14 branches, one extension counter and 10 ATM outlets. On the occasion, the finance company informed that it will soon open one more branch in Jyoti Nagar of Chitwan.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-20',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5515',
			'image' => '20170420121010_icfc.jpg',
			'article_date' => '2017-04-20 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' => '5729',
			'article_category_id' => '1',
			'title' => 'Siddhartha’s Discount for NMB’s Customers',
			'sub_title' => '',
			'summary' => 'April 20: Customers of NMB Bank will be getting 10 percent discount in outlets under Siddhartha Business Group of Hospitality. The customers by using their VISA card can get the discount. NMB Bank and Siddhartha Business Group signed an agreement regarding the matter on April 19. Sudesh Upadhyaya, Chief Business Officer of the bank and Krishna Neupane, CEO of Siddhartha Business Group signed the agreement paper amid a program. T',
			'content' => '<p style="text-align: justify;">April 20: Customers of NMB Bank will be getting 10 percent discount in outlets under Siddhartha Business Group of Hospitality. The customers by using their VISA card can get the discount. NMB Bank and Siddhartha Business Group signed an agreement regarding the matter on April 19. Sudesh Upadhyaya, Chief Business Officer of the bank and Krishna Neupane, CEO of Siddhartha Business Group signed the agreement paper amid a program. The main aim of the agreement is to provide good experience to the customers through the discount offer, said the bank in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-20',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5514',
			'image' => '20170420115800_nmb.jpg',
			'article_date' => '2017-04-20 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' => '5728',
			'article_category_id' => '1',
			'title' => 'NB and Citizens in a Bancassurance Pact',
			'sub_title' => '',
			'summary' => 'April 20: NB Insurance and Citizens’ Bank International has entered into a bancassurance pact. Yugesh Bhakta Bade Shrestha, CEO of NB and Rajan Singh Bhandari, CEO of Citizens Bank signed the bancassurance agreement amid a program. After the agreement, customers of the bank can get all the services of the NB Insurance through all the branches of the bank, said the bank in a press statement. ',
			'content' => '<p style="text-align: justify;">April 20: NB Insurance and Citizens&rsquo; Bank International has entered into a bancassurance pact. Yugesh Bhakta Bade Shrestha, CEO of NB and Rajan Singh Bhandari, CEO of Citizens Bank signed the bancassurance agreement amid a program. After the agreement, customers of the bank can get all the services of the NB Insurance through all the branches of the bank, said the bank in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-20',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5513',
			'image' => '20170420114203_nb.jpg',
			'article_date' => '2017-04-20 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 3 => array(
		'Article' => array(
			'id' => '5727',
			'article_category_id' => '1',
			'title' => 'Right Share Issuance of Nepal Bank Commences',
			'sub_title' => '',
			'summary' => 'April 20: Nepal Bank is issuing 100:23.74 right shares to its existing shareholders from today i.e. April 20. The bank which is issuing 15,431,840 units of right shares with a face value of Rs 100 will close the issuance on May 24.  ',
			'content' => '<p style="text-align: justify;">April 20: Nepal Bank is issuing 100:23.74 right shares to its existing shareholders from today i.e. April 20. The bank which is issuing 15,431,840 units of right shares with a face value of Rs 100 will close the issuance on May 24. &nbsp;</p>

<p style="text-align: justify;">The existing shareholders registered by April 10 can apply for the right shares. Civil Capital Market Ltd is the share registrar of the bank. The interested existing shareholders can apply for the right shares from Civil Capital Market at CTC Mall, Kathmandu along with all the branches of the Nepal bank. Presently, Nepal Bank has paid-up capital of Rs 6.49 billion which will reach to Rs 8.04 billion after issuance of the right shares.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-20',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5512',
			'image' => '20170420112146_nepal bank.jpg',
			'article_date' => '2017-04-20 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	),
	(int) 4 => array(
		'Article' => array(
			'id' => '5726',
			'article_category_id' => '1',
			'title' => 'Kailash Bank Appoints Poudel as Chairman  ',
			'sub_title' => '',
			'summary' => 'April 19: Kailash Bikas Bank has appointed Narayan Prasad Poudel as the chairman of the bank. Rajendra Giri who was appointed by the general meeting as the chairman of the bank for the third tenure in Poush was dismissed by the court. Earlier, the shareholders of the other institutions that we',
			'content' => '<p style="text-align:justify">April 19: Kailash Bikas Bank has appointed Narayan Prasad Poudel as the chairman of the bank. Rajendra Giri who was appointed by the general meeting as the chairman of the bank for the third tenure in Poush was dismissed by the court. Earlier, the shareholders of the other institutions that were merged with the bank filed a writ petition against the chairman&rsquo;s tenure in the court. The court gave the verdict that no one can hold his/her position as a chairman for more than two tenure. Thus, the bank appointed Poudel as the new chairman.</p>

<p style="text-align:justify">Similarly, Amrit Charan Shrestha has been appointed as CEO of the bank for the next four years. The board of directors meeting of the bank held on April 17 appointed Poudel and Shrestha as chairman and CEO of the bank.</p>

<p style="text-align:justify">According to the bank, the newly appointed CEO Shrestha will take over his responsibility from May 28. Previously, Shrestha was CEO of NCC Bank.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5511',
			'image' => '20170419052338_kailash.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 5 => array(
		'Article' => array(
			'id' => '5725',
			'article_category_id' => '1',
			'title' => 'MoI to reach its Capital Expenditure to 80 Percent',
			'sub_title' => '',
			'summary' => 'April 19: The Ministry of Industry (MoI) has said it would reach the capital expenditure of the current fiscal year (FY) to 80 percent.',
			'content' => '<p style="text-align: justify;">April 19: The Ministry of Industry (MoI) has said it would reach the capital expenditure of the current fiscal year (FY) to 80 percent.</p>

<p style="text-align: justify;">The Ministry has targeted to spend the remaining 50 percent of its allocated development expenditure when only three months remain for completion of the fiscal year.</p>

<p style="text-align: justify;">Industry Minister Nabindra Raj Joshi while directing the staff of the Ministry on April 18 stressed on continuing works to reach the target of capital expenditure.</p>

<p style="text-align: justify;">According to the Financial Comptroller General Office (FCGO), the current expenditure of the Ministry was 36.26 percent and capital expenditure 23.34 percent till March 13 this year.</p>

<p style="text-align: justify;">The ratio of the capital expenditure is minimal as compared to the current expenditure of the ministry.</p>

<p style="text-align: justify;">The total expenditure of the government has only reached 52.61 percent on current and 26.60 percent on capital expenditure so far.</p>

<p style="text-align: justify;">According to Purushottam Nepal, Head of the Planning Department of the Ministry, the capital expenditure of the Ministry has so far reached to 30 percent.</p>

<p style="text-align: justify;">According to Nepal, the Ministry should spend more than 50 percent in the remaining period of three months to reach the capital expenditure 80 percent as directed by the minister.</p>

<p style="text-align: justify;">Nepal, who is also the spokesperson of MoI, claimed that capital expenditure will reach 80 percent as 77 percent of total budget is allocated on industrial infrastructure. He said, &ldquo;The major portion of the budget is allocated in mining and access roads to industries and also in electricity transmission lines.&rdquo;</p>

<p style="text-align: justify;">According to Nepal, of the Rs 700 million allocated for roads, Rs 230 million has already been spent. The remaining amount will be spent through the Department of Roads (DoR).</p>

<p style="text-align: justify;">Nepal said assurances have been received that of the Rs 220 million allocated for transmission lines, all the amounts except for Rs 15 million will be spent.</p>

<p style="text-align: justify;">Nepal said that it seems the expenditure of the remaining Rs 300 million to Rs 400 million is in doubt, but if the local level election is held on time, the staff working on election will return, and the capital expenditure can increase.&nbsp;&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5510',
			'image' => '20170419051630_moi.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 6 => array(
		'Article' => array(
			'id' => '5724',
			'article_category_id' => '1',
			'title' => 'Spending Capacity of the Government Weak: Stakeholders',
			'sub_title' => '',
			'summary' => 'April 19: As the government has started preparing for upcoming budget of next FY, stakeholders have expressed their concern over the weakening spending capacity of the gov',
			'content' => '<p style="text-align: justify;">April 19: As the government has started preparing for upcoming budget of next FY, stakeholders have expressed their concern over the weakening spending capacity of the government. The participants of an interaction program organized by Economic Policy Analysis Division of Finance Ministry in Kathmandu on April 18 expressed the concern over the government spending capacity.</p>

<p style="text-align: justify;">According to them, failure of spending allocated budget, decreasing ratio of capital expenditure in total expenditure and current expenditure exceeding revenue collection are the issues to concern. &nbsp;Dr Swarnim Wagle, member of National Planning Commission expressed his concern over the country being more remittance oriented rather than to mobilize internal resources.</p>

<p style="text-align: justify;">As per the statistics of Finance Ministry, the ratio of government debt to gross domestic product (GDP) is at 27.4 percent whereas the ratio of foreign debt to GDP is 17 percent. Presently,the country has Rs 382 billion foreign debt. Thus, the increasing foreign debt, shrinking development expenditure and dependency on remittance has made the country reliant, said speakers.</p>

<p style="text-align: justify;">The speakers opined that the government should prioritize saving, investment and capital formation in order to increase economic growth through promotion of productive sector in economic policy. Similarly, they stressed that the financial policy should manage the expenses and public debt except revenue collection. Likewise, economists stressed that the monetary policy should administer inflation, currency demand and foreign exchange along with financial interest rate. &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5509',
			'image' => '20170419043051_gove.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5723',
			'article_category_id' => '1',
			'title' => 'Nepal gets its own Back-up Data Center',
			'sub_title' => '',
			'summary' => 'April 19: A data centre has been constructed in Hetauda with a cost of Rs 200 million in order to preserve important information and business documents of government and private sector. The data centre, which is the back up of central data center of Singhadurbar, has been constructed in 10 kath',
			'content' => '<p style="text-align:justify">April 19: A data centre has been constructed in Hetauda with a cost of Rs 200 million in order to preserve important information and business documents of government and private sector. The data centre, which is the back up of central data center of Singhadurbar, has been constructed in 10 kathas of land in Huprachaur of Hetauda. The construction work of the data centre was handed over by Korean International Cooperation Agency (KOICA) to a local company, Nepal Aadarsha Company.</p>

<p style="text-align:justify">&ldquo;Nepal Aadarsha Company has completed construction of the new data center within given 18 months of period,&rdquo; said Krishna Govinda Khayamali. &ldquo;The company is preparing to handover the newly made building to the government,&rdquo; he added. He said that despite of border blockade and Tarai unrest, the company continued the work to complete the data center on time.&rdquo; Construction of the building started on November 2015. &nbsp;</p>

<p style="text-align:justify">The Ministry of Finance and KOICA made an agreement to construct the data center as a museum of governmental and non-governmental information. According to Anup Baskota, Director of the center, the final agreement was delayed after the signing of initial agreement three years back due to change in leadership in KOICA. It was decided that the KOICA will hand over the building after completing construction. &nbsp;</p>

<p style="text-align:justify">Anup Baskota, Executive Director of the center and Yong Aa Goley, Head of KOICA signed on the agreement paper. Under the agreement, the Nepal government will provide training to engineers, land for construction and manage manpower and office placing. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5508',
			'image' => '20170419022701_data.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 8 => array(
		'Article' => array(
			'id' => '5722',
			'article_category_id' => '1',
			'title' => 'Arghakhanchi Cement Supports ‘No Horn’ Campaign',
			'sub_title' => '',
			'summary' => 'April 19: Arghakhanchi Cement has supported newly initiated ‘No Horn’ campaign. The company, under its corporate social responsibility, supported the campaign prohibiting honking horns by vehicles.  Arghakhanchi cement is alerting public about the campaign by placing boards at various locations in the valley, said the company in a press statement.',
			'content' => '<p>April 19: Arghakhanchi Cement has supported newly initiated &lsquo;No Horn&rsquo; campaign. The company, under its corporate social responsibility, supported the campaign prohibiting honking horns by vehicles. &nbsp;Arghakhanchi cement is alerting public about the campaign by placing boards at various locations in the valley, said the company in a press statement.</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5507',
			'image' => '20170419125803_arghakhanchi.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5721',
			'article_category_id' => '1',
			'title' => 'Regmi and Poudel Appointed NRB Director',
			'sub_title' => '',
			'summary' => 'April 19: Ramji Regmi and Shri Ram Poudel have been appointed as Directors of Nepal Rastra Bank (NRB). The cabinet of minister on April 16 appointed Regmi and Poudel as directors of NRB for next five years. Previously, Regmi was chairman of Nepal Stock Exchange whereas Poudel was a former NRB director.',
			'content' => '<p style="text-align: justify;">April 19: Ramji Regmi and Shri Ram Poudel have been appointed as Directors of Nepal Rastra Bank (NRB). The cabinet of minister on April 16 appointed Regmi and Poudel as directors of NRB for next five years. Previously, Regmi was chairman of Nepal Stock Exchange whereas Poudel was a former NRB director.</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5506',
			'image' => '20170419122808_nrb.JPG',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5720',
			'article_category_id' => '1',
			'title' => 'Gurkhas Finance in Janagal',
			'sub_title' => '',
			'summary' => 'April 19: Gurkhas Finance has started its 10th branch at Janagal of Kavre. Sur Krishna Vaidhya, President of Kavre Chamber of Commerce and Industries inaugurated the branch amid a program on April 17. The finance has collected deposit of Rs 3.41 billion and extended loan of Rs 3.11 billion till the second quarter of the current FY. The finance company with a paid-up capital of Rs 578.6 million is preparing to issue 2:1 right shares to its existing shareholders.',
			'content' => '<p style="text-align: justify;">April 19: Gurkhas Finance has started its 10<sup>th</sup> branch at Janagal of Kavre. Sur Krishna Vaidhya, President of Kavre Chamber of Commerce and Industries inaugurated the branch amid a program on April 17. The finance has collected deposit of Rs 3.41 billion and extended loan of Rs 3.11 billion till the second quarter of the current FY. The finance company with a paid-up capital of Rs 578.6 million is preparing to issue 2:1 right shares to its existing shareholders.</p>

<p style="text-align: justify;">&nbsp;</p>
',
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			'sortorder' => '5505',
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		'Article' => array(
			'id' => '5719',
			'article_category_id' => '1',
			'title' => 'Midea Trip to Bangkok',
			'sub_title' => '',
			'summary' => 'April 19: Airtech Industries, the authorized distributor of Midea air conditioner for Nepal has launched ‘Midea Trip to Bangkok’ offer. The company, on the purchase of Midea air conditioner, will provide a coupon to the customer.  Based on the coupon, three lucky winners will get a chance to win a trip of 4 nights and 5 days to Bangkok, said the company in a press statement. ',
			'content' => '<p style="text-align: justify;">April 19: Airtech Industries, the authorized distributor of Midea air conditioner for Nepal has launched &lsquo;Midea Trip to Bangkok&rsquo; offer. The company, on the purchase of Midea air conditioner, will provide a coupon to the customer. &nbsp;Based on the coupon, three lucky winners will get a chance to win a trip of 4 nights and 5 days to Bangkok, said the company in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5504',
			'image' => '20170419112624_midea.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '5718',
			'article_category_id' => '1',
			'title' => 'Max Vision Appoints NIC Asia Capital as Issue Manager',
			'sub_title' => '',
			'summary' => 'April 19: Max Vision Ltd has appointed NIC Asia Capital as its issue manager. The company is set to issue 500,000 units of general shares in near future for which it appointed NIC Asia as share registrar and issue manager. Ram Chandra Khanal, CEO of NIC Asia Capital and Keshav Prasad Shrestha, Chairman of Max Vision signed a memorandum of understanding regarding the matter amid a program on April 18. ',
			'content' => '<p style="text-align: justify;">April 19: Max Vision Ltd has appointed NIC Asia Capital as its issue manager. The company is set to issue 500,000 units of general shares in near future for which it appointed NIC Asia as share registrar and issue manager. Ram Chandra Khanal, CEO of NIC Asia Capital and Keshav Prasad Shrestha, Chairman of Max Vision signed a memorandum of understanding regarding the matter amid a program on April 18.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5503',
			'image' => '20170419110836_nic.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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		'Article' => array(
			'id' => '5717',
			'article_category_id' => '1',
			'title' => 'Sahayogi Bikas Bank to issue Right Shares',
			'sub_title' => '',
			'summary' => 'April 18: Securities Board of Nepal (SEBON) has approved right share of Sahayogi Bikas Bank on April 18. The bank is set to issue 10:3.5 right shares to its existing shareholders. Sahayogi will issue 111,135 units of equity shares with a face value of Rs 100. The bank has appointed NCM Merchant Banking Ltd as its Issue Manager. ',
			'content' => '<p style="text-align: justify;">April 18: Securities Board of Nepal (SEBON) has approved right share of Sahayogi Bikas Bank on April 18. The bank is set to issue 10:3.5 right shares to its existing shareholders. Sahayogi will issue 111,135 units of equity shares with a face value of Rs 100. The bank has appointed NCM Merchant Banking Ltd as its Issue Manager.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-18',
			'modified' => '2017-04-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5502',
			'image' => '20170418045102_sahayogi.jpg',
			'article_date' => '2017-04-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 14 => array(
		'Article' => array(
			'id' => '5716',
			'article_category_id' => '1',
			'title' => 'Energy Minister Sets Ambitious Goal: 17,000 MW Power in 7 Years',
			'sub_title' => '',
			'summary' => 'April 18: Janardan Sharma, Energy Minister of Nepal has said that the per capita electricity consumption of Nepal will be raised to 2000 units in next seven years. In an interaction program organized by Ministry of Energy on April 17, he said by raising power production to 17,000 MW during the period, the per capita power c',
			'content' => '<p style="text-align: justify;">April 18: Janardan Sharma, Energy Minister of Nepal has said that the per capita electricity consumption of Nepal will be raised to 2000 units in next seven years. In an interaction program organized by Ministry of Energy on April 17, he said by raising power production to 17,000 MW during the period, the per capita power consumption will be increased.</p>

<p style="text-align: justify;">The government will produce 8,000 MW under direct leadership whereas 17,000 MW will be produced through other. The back counting of the seven years start from today,&rdquo; he said. Presently, Nepal produces nearly 506MW power. If the 369MW power imported from India is to considered, per capital power consumption of the present era reach 160 units.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-18',
			'modified' => '2017-04-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5501',
			'image' => '20170418024507_transmission line.jpg',
			'article_date' => '2017-04-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

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



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5730',
			'article_category_id' => '1',
			'title' => 'ICFC Starts Two Branches in Chitwan',
			'sub_title' => '',
			'summary' => 'April 20: ICFC Finance has opened two branches in Jaymangala and Khurkhure of Chitwan. Ram Babu Panta, CEO of the finance company inaugurated the both branches in the separate programs organized on April 19. The finance has earned Rs 160 million net profit by the second quarter of the ',
			'content' => '<p style="text-align: justify;">April 20: ICFC Finance has opened two branches in Jaymangala and Khurkhure of Chitwan. Ram Babu Panta, CEO of the finance company inaugurated the both branches in the separate programs organized on April 19. The finance has earned Rs 160 million net profit by the second quarter of the current FY. Presently, it is providing its services through 14 branches, one extension counter and 10 ATM outlets. On the occasion, the finance company informed that it will soon open one more branch in Jyoti Nagar of Chitwan.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-20',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5515',
			'image' => '20170420121010_icfc.jpg',
			'article_date' => '2017-04-20 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5729',
			'article_category_id' => '1',
			'title' => 'Siddhartha’s Discount for NMB’s Customers',
			'sub_title' => '',
			'summary' => 'April 20: Customers of NMB Bank will be getting 10 percent discount in outlets under Siddhartha Business Group of Hospitality. The customers by using their VISA card can get the discount. NMB Bank and Siddhartha Business Group signed an agreement regarding the matter on April 19. Sudesh Upadhyaya, Chief Business Officer of the bank and Krishna Neupane, CEO of Siddhartha Business Group signed the agreement paper amid a program. T',
			'content' => '<p style="text-align: justify;">April 20: Customers of NMB Bank will be getting 10 percent discount in outlets under Siddhartha Business Group of Hospitality. The customers by using their VISA card can get the discount. NMB Bank and Siddhartha Business Group signed an agreement regarding the matter on April 19. Sudesh Upadhyaya, Chief Business Officer of the bank and Krishna Neupane, CEO of Siddhartha Business Group signed the agreement paper amid a program. The main aim of the agreement is to provide good experience to the customers through the discount offer, said the bank in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-20',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5514',
			'image' => '20170420115800_nmb.jpg',
			'article_date' => '2017-04-20 00:00:00',
			'homepage' => false,
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		'Article' => array(
			'id' => '5728',
			'article_category_id' => '1',
			'title' => 'NB and Citizens in a Bancassurance Pact',
			'sub_title' => '',
			'summary' => 'April 20: NB Insurance and Citizens’ Bank International has entered into a bancassurance pact. Yugesh Bhakta Bade Shrestha, CEO of NB and Rajan Singh Bhandari, CEO of Citizens Bank signed the bancassurance agreement amid a program. After the agreement, customers of the bank can get all the services of the NB Insurance through all the branches of the bank, said the bank in a press statement. ',
			'content' => '<p style="text-align: justify;">April 20: NB Insurance and Citizens&rsquo; Bank International has entered into a bancassurance pact. Yugesh Bhakta Bade Shrestha, CEO of NB and Rajan Singh Bhandari, CEO of Citizens Bank signed the bancassurance agreement amid a program. After the agreement, customers of the bank can get all the services of the NB Insurance through all the branches of the bank, said the bank in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-20',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5513',
			'image' => '20170420114203_nb.jpg',
			'article_date' => '2017-04-20 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 3 => array(
		'Article' => array(
			'id' => '5727',
			'article_category_id' => '1',
			'title' => 'Right Share Issuance of Nepal Bank Commences',
			'sub_title' => '',
			'summary' => 'April 20: Nepal Bank is issuing 100:23.74 right shares to its existing shareholders from today i.e. April 20. The bank which is issuing 15,431,840 units of right shares with a face value of Rs 100 will close the issuance on May 24.  ',
			'content' => '<p style="text-align: justify;">April 20: Nepal Bank is issuing 100:23.74 right shares to its existing shareholders from today i.e. April 20. The bank which is issuing 15,431,840 units of right shares with a face value of Rs 100 will close the issuance on May 24. &nbsp;</p>

<p style="text-align: justify;">The existing shareholders registered by April 10 can apply for the right shares. Civil Capital Market Ltd is the share registrar of the bank. The interested existing shareholders can apply for the right shares from Civil Capital Market at CTC Mall, Kathmandu along with all the branches of the Nepal bank. Presently, Nepal Bank has paid-up capital of Rs 6.49 billion which will reach to Rs 8.04 billion after issuance of the right shares.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-20',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5512',
			'image' => '20170420112146_nepal bank.jpg',
			'article_date' => '2017-04-20 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 4 => array(
		'Article' => array(
			'id' => '5726',
			'article_category_id' => '1',
			'title' => 'Kailash Bank Appoints Poudel as Chairman  ',
			'sub_title' => '',
			'summary' => 'April 19: Kailash Bikas Bank has appointed Narayan Prasad Poudel as the chairman of the bank. Rajendra Giri who was appointed by the general meeting as the chairman of the bank for the third tenure in Poush was dismissed by the court. Earlier, the shareholders of the other institutions that we',
			'content' => '<p style="text-align:justify">April 19: Kailash Bikas Bank has appointed Narayan Prasad Poudel as the chairman of the bank. Rajendra Giri who was appointed by the general meeting as the chairman of the bank for the third tenure in Poush was dismissed by the court. Earlier, the shareholders of the other institutions that were merged with the bank filed a writ petition against the chairman&rsquo;s tenure in the court. The court gave the verdict that no one can hold his/her position as a chairman for more than two tenure. Thus, the bank appointed Poudel as the new chairman.</p>

<p style="text-align:justify">Similarly, Amrit Charan Shrestha has been appointed as CEO of the bank for the next four years. The board of directors meeting of the bank held on April 17 appointed Poudel and Shrestha as chairman and CEO of the bank.</p>

<p style="text-align:justify">According to the bank, the newly appointed CEO Shrestha will take over his responsibility from May 28. Previously, Shrestha was CEO of NCC Bank.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5511',
			'image' => '20170419052338_kailash.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '5725',
			'article_category_id' => '1',
			'title' => 'MoI to reach its Capital Expenditure to 80 Percent',
			'sub_title' => '',
			'summary' => 'April 19: The Ministry of Industry (MoI) has said it would reach the capital expenditure of the current fiscal year (FY) to 80 percent.',
			'content' => '<p style="text-align: justify;">April 19: The Ministry of Industry (MoI) has said it would reach the capital expenditure of the current fiscal year (FY) to 80 percent.</p>

<p style="text-align: justify;">The Ministry has targeted to spend the remaining 50 percent of its allocated development expenditure when only three months remain for completion of the fiscal year.</p>

<p style="text-align: justify;">Industry Minister Nabindra Raj Joshi while directing the staff of the Ministry on April 18 stressed on continuing works to reach the target of capital expenditure.</p>

<p style="text-align: justify;">According to the Financial Comptroller General Office (FCGO), the current expenditure of the Ministry was 36.26 percent and capital expenditure 23.34 percent till March 13 this year.</p>

<p style="text-align: justify;">The ratio of the capital expenditure is minimal as compared to the current expenditure of the ministry.</p>

<p style="text-align: justify;">The total expenditure of the government has only reached 52.61 percent on current and 26.60 percent on capital expenditure so far.</p>

<p style="text-align: justify;">According to Purushottam Nepal, Head of the Planning Department of the Ministry, the capital expenditure of the Ministry has so far reached to 30 percent.</p>

<p style="text-align: justify;">According to Nepal, the Ministry should spend more than 50 percent in the remaining period of three months to reach the capital expenditure 80 percent as directed by the minister.</p>

<p style="text-align: justify;">Nepal, who is also the spokesperson of MoI, claimed that capital expenditure will reach 80 percent as 77 percent of total budget is allocated on industrial infrastructure. He said, &ldquo;The major portion of the budget is allocated in mining and access roads to industries and also in electricity transmission lines.&rdquo;</p>

<p style="text-align: justify;">According to Nepal, of the Rs 700 million allocated for roads, Rs 230 million has already been spent. The remaining amount will be spent through the Department of Roads (DoR).</p>

<p style="text-align: justify;">Nepal said assurances have been received that of the Rs 220 million allocated for transmission lines, all the amounts except for Rs 15 million will be spent.</p>

<p style="text-align: justify;">Nepal said that it seems the expenditure of the remaining Rs 300 million to Rs 400 million is in doubt, but if the local level election is held on time, the staff working on election will return, and the capital expenditure can increase.&nbsp;&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5510',
			'image' => '20170419051630_moi.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
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			'in_scroller' => false,
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	(int) 6 => array(
		'Article' => array(
			'id' => '5724',
			'article_category_id' => '1',
			'title' => 'Spending Capacity of the Government Weak: Stakeholders',
			'sub_title' => '',
			'summary' => 'April 19: As the government has started preparing for upcoming budget of next FY, stakeholders have expressed their concern over the weakening spending capacity of the gov',
			'content' => '<p style="text-align: justify;">April 19: As the government has started preparing for upcoming budget of next FY, stakeholders have expressed their concern over the weakening spending capacity of the government. The participants of an interaction program organized by Economic Policy Analysis Division of Finance Ministry in Kathmandu on April 18 expressed the concern over the government spending capacity.</p>

<p style="text-align: justify;">According to them, failure of spending allocated budget, decreasing ratio of capital expenditure in total expenditure and current expenditure exceeding revenue collection are the issues to concern. &nbsp;Dr Swarnim Wagle, member of National Planning Commission expressed his concern over the country being more remittance oriented rather than to mobilize internal resources.</p>

<p style="text-align: justify;">As per the statistics of Finance Ministry, the ratio of government debt to gross domestic product (GDP) is at 27.4 percent whereas the ratio of foreign debt to GDP is 17 percent. Presently,the country has Rs 382 billion foreign debt. Thus, the increasing foreign debt, shrinking development expenditure and dependency on remittance has made the country reliant, said speakers.</p>

<p style="text-align: justify;">The speakers opined that the government should prioritize saving, investment and capital formation in order to increase economic growth through promotion of productive sector in economic policy. Similarly, they stressed that the financial policy should manage the expenses and public debt except revenue collection. Likewise, economists stressed that the monetary policy should administer inflation, currency demand and foreign exchange along with financial interest rate. &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5509',
			'image' => '20170419043051_gove.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 7 => array(
		'Article' => array(
			'id' => '5723',
			'article_category_id' => '1',
			'title' => 'Nepal gets its own Back-up Data Center',
			'sub_title' => '',
			'summary' => 'April 19: A data centre has been constructed in Hetauda with a cost of Rs 200 million in order to preserve important information and business documents of government and private sector. The data centre, which is the back up of central data center of Singhadurbar, has been constructed in 10 kath',
			'content' => '<p style="text-align:justify">April 19: A data centre has been constructed in Hetauda with a cost of Rs 200 million in order to preserve important information and business documents of government and private sector. The data centre, which is the back up of central data center of Singhadurbar, has been constructed in 10 kathas of land in Huprachaur of Hetauda. The construction work of the data centre was handed over by Korean International Cooperation Agency (KOICA) to a local company, Nepal Aadarsha Company.</p>

<p style="text-align:justify">&ldquo;Nepal Aadarsha Company has completed construction of the new data center within given 18 months of period,&rdquo; said Krishna Govinda Khayamali. &ldquo;The company is preparing to handover the newly made building to the government,&rdquo; he added. He said that despite of border blockade and Tarai unrest, the company continued the work to complete the data center on time.&rdquo; Construction of the building started on November 2015. &nbsp;</p>

<p style="text-align:justify">The Ministry of Finance and KOICA made an agreement to construct the data center as a museum of governmental and non-governmental information. According to Anup Baskota, Director of the center, the final agreement was delayed after the signing of initial agreement three years back due to change in leadership in KOICA. It was decided that the KOICA will hand over the building after completing construction. &nbsp;</p>

<p style="text-align:justify">Anup Baskota, Executive Director of the center and Yong Aa Goley, Head of KOICA signed on the agreement paper. Under the agreement, the Nepal government will provide training to engineers, land for construction and manage manpower and office placing. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5508',
			'image' => '20170419022701_data.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5722',
			'article_category_id' => '1',
			'title' => 'Arghakhanchi Cement Supports ‘No Horn’ Campaign',
			'sub_title' => '',
			'summary' => 'April 19: Arghakhanchi Cement has supported newly initiated ‘No Horn’ campaign. The company, under its corporate social responsibility, supported the campaign prohibiting honking horns by vehicles.  Arghakhanchi cement is alerting public about the campaign by placing boards at various locations in the valley, said the company in a press statement.',
			'content' => '<p>April 19: Arghakhanchi Cement has supported newly initiated &lsquo;No Horn&rsquo; campaign. The company, under its corporate social responsibility, supported the campaign prohibiting honking horns by vehicles. &nbsp;Arghakhanchi cement is alerting public about the campaign by placing boards at various locations in the valley, said the company in a press statement.</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5507',
			'image' => '20170419125803_arghakhanchi.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5721',
			'article_category_id' => '1',
			'title' => 'Regmi and Poudel Appointed NRB Director',
			'sub_title' => '',
			'summary' => 'April 19: Ramji Regmi and Shri Ram Poudel have been appointed as Directors of Nepal Rastra Bank (NRB). The cabinet of minister on April 16 appointed Regmi and Poudel as directors of NRB for next five years. Previously, Regmi was chairman of Nepal Stock Exchange whereas Poudel was a former NRB director.',
			'content' => '<p style="text-align: justify;">April 19: Ramji Regmi and Shri Ram Poudel have been appointed as Directors of Nepal Rastra Bank (NRB). The cabinet of minister on April 16 appointed Regmi and Poudel as directors of NRB for next five years. Previously, Regmi was chairman of Nepal Stock Exchange whereas Poudel was a former NRB director.</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5506',
			'image' => '20170419122808_nrb.JPG',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5720',
			'article_category_id' => '1',
			'title' => 'Gurkhas Finance in Janagal',
			'sub_title' => '',
			'summary' => 'April 19: Gurkhas Finance has started its 10th branch at Janagal of Kavre. Sur Krishna Vaidhya, President of Kavre Chamber of Commerce and Industries inaugurated the branch amid a program on April 17. The finance has collected deposit of Rs 3.41 billion and extended loan of Rs 3.11 billion till the second quarter of the current FY. The finance company with a paid-up capital of Rs 578.6 million is preparing to issue 2:1 right shares to its existing shareholders.',
			'content' => '<p style="text-align: justify;">April 19: Gurkhas Finance has started its 10<sup>th</sup> branch at Janagal of Kavre. Sur Krishna Vaidhya, President of Kavre Chamber of Commerce and Industries inaugurated the branch amid a program on April 17. The finance has collected deposit of Rs 3.41 billion and extended loan of Rs 3.11 billion till the second quarter of the current FY. The finance company with a paid-up capital of Rs 578.6 million is preparing to issue 2:1 right shares to its existing shareholders.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5505',
			'image' => '20170419114004_gorkhas finance.jpg',
			'article_date' => '2017-04-19 00:00:00',
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	(int) 11 => array(
		'Article' => array(
			'id' => '5719',
			'article_category_id' => '1',
			'title' => 'Midea Trip to Bangkok',
			'sub_title' => '',
			'summary' => 'April 19: Airtech Industries, the authorized distributor of Midea air conditioner for Nepal has launched ‘Midea Trip to Bangkok’ offer. The company, on the purchase of Midea air conditioner, will provide a coupon to the customer.  Based on the coupon, three lucky winners will get a chance to win a trip of 4 nights and 5 days to Bangkok, said the company in a press statement. ',
			'content' => '<p style="text-align: justify;">April 19: Airtech Industries, the authorized distributor of Midea air conditioner for Nepal has launched &lsquo;Midea Trip to Bangkok&rsquo; offer. The company, on the purchase of Midea air conditioner, will provide a coupon to the customer. &nbsp;Based on the coupon, three lucky winners will get a chance to win a trip of 4 nights and 5 days to Bangkok, said the company in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5504',
			'image' => '20170419112624_midea.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 12 => array(
		'Article' => array(
			'id' => '5718',
			'article_category_id' => '1',
			'title' => 'Max Vision Appoints NIC Asia Capital as Issue Manager',
			'sub_title' => '',
			'summary' => 'April 19: Max Vision Ltd has appointed NIC Asia Capital as its issue manager. The company is set to issue 500,000 units of general shares in near future for which it appointed NIC Asia as share registrar and issue manager. Ram Chandra Khanal, CEO of NIC Asia Capital and Keshav Prasad Shrestha, Chairman of Max Vision signed a memorandum of understanding regarding the matter amid a program on April 18. ',
			'content' => '<p style="text-align: justify;">April 19: Max Vision Ltd has appointed NIC Asia Capital as its issue manager. The company is set to issue 500,000 units of general shares in near future for which it appointed NIC Asia as share registrar and issue manager. Ram Chandra Khanal, CEO of NIC Asia Capital and Keshav Prasad Shrestha, Chairman of Max Vision signed a memorandum of understanding regarding the matter amid a program on April 18.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5503',
			'image' => '20170419110836_nic.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
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	(int) 13 => array(
		'Article' => array(
			'id' => '5717',
			'article_category_id' => '1',
			'title' => 'Sahayogi Bikas Bank to issue Right Shares',
			'sub_title' => '',
			'summary' => 'April 18: Securities Board of Nepal (SEBON) has approved right share of Sahayogi Bikas Bank on April 18. The bank is set to issue 10:3.5 right shares to its existing shareholders. Sahayogi will issue 111,135 units of equity shares with a face value of Rs 100. The bank has appointed NCM Merchant Banking Ltd as its Issue Manager. ',
			'content' => '<p style="text-align: justify;">April 18: Securities Board of Nepal (SEBON) has approved right share of Sahayogi Bikas Bank on April 18. The bank is set to issue 10:3.5 right shares to its existing shareholders. Sahayogi will issue 111,135 units of equity shares with a face value of Rs 100. The bank has appointed NCM Merchant Banking Ltd as its Issue Manager.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-18',
			'modified' => '2017-04-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5502',
			'image' => '20170418045102_sahayogi.jpg',
			'article_date' => '2017-04-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5716',
			'article_category_id' => '1',
			'title' => 'Energy Minister Sets Ambitious Goal: 17,000 MW Power in 7 Years',
			'sub_title' => '',
			'summary' => 'April 18: Janardan Sharma, Energy Minister of Nepal has said that the per capita electricity consumption of Nepal will be raised to 2000 units in next seven years. In an interaction program organized by Ministry of Energy on April 17, he said by raising power production to 17,000 MW during the period, the per capita power c',
			'content' => '<p style="text-align: justify;">April 18: Janardan Sharma, Energy Minister of Nepal has said that the per capita electricity consumption of Nepal will be raised to 2000 units in next seven years. In an interaction program organized by Ministry of Energy on April 17, he said by raising power production to 17,000 MW during the period, the per capita power consumption will be increased.</p>

<p style="text-align: justify;">The government will produce 8,000 MW under direct leadership whereas 17,000 MW will be produced through other. The back counting of the seven years start from today,&rdquo; he said. Presently, Nepal produces nearly 506MW power. If the 369MW power imported from India is to considered, per capital power consumption of the present era reach 160 units.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-18',
			'modified' => '2017-04-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5501',
			'image' => '20170418024507_transmission line.jpg',
			'article_date' => '2017-04-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	)
)
$current_user = null
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$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/index.ctp, line 157
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117

Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
Code Context
  //  $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';



    if(!$xml = simplexml_load_file($file)){
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
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$articles = array(
	(int) 0 => array(
		'Article' => array(
			'id' => '5730',
			'article_category_id' => '1',
			'title' => 'ICFC Starts Two Branches in Chitwan',
			'sub_title' => '',
			'summary' => 'April 20: ICFC Finance has opened two branches in Jaymangala and Khurkhure of Chitwan. Ram Babu Panta, CEO of the finance company inaugurated the both branches in the separate programs organized on April 19. The finance has earned Rs 160 million net profit by the second quarter of the ',
			'content' => '<p style="text-align: justify;">April 20: ICFC Finance has opened two branches in Jaymangala and Khurkhure of Chitwan. Ram Babu Panta, CEO of the finance company inaugurated the both branches in the separate programs organized on April 19. The finance has earned Rs 160 million net profit by the second quarter of the current FY. Presently, it is providing its services through 14 branches, one extension counter and 10 ATM outlets. On the occasion, the finance company informed that it will soon open one more branch in Jyoti Nagar of Chitwan.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-20',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5515',
			'image' => '20170420121010_icfc.jpg',
			'article_date' => '2017-04-20 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 1 => array(
		'Article' => array(
			'id' => '5729',
			'article_category_id' => '1',
			'title' => 'Siddhartha’s Discount for NMB’s Customers',
			'sub_title' => '',
			'summary' => 'April 20: Customers of NMB Bank will be getting 10 percent discount in outlets under Siddhartha Business Group of Hospitality. The customers by using their VISA card can get the discount. NMB Bank and Siddhartha Business Group signed an agreement regarding the matter on April 19. Sudesh Upadhyaya, Chief Business Officer of the bank and Krishna Neupane, CEO of Siddhartha Business Group signed the agreement paper amid a program. T',
			'content' => '<p style="text-align: justify;">April 20: Customers of NMB Bank will be getting 10 percent discount in outlets under Siddhartha Business Group of Hospitality. The customers by using their VISA card can get the discount. NMB Bank and Siddhartha Business Group signed an agreement regarding the matter on April 19. Sudesh Upadhyaya, Chief Business Officer of the bank and Krishna Neupane, CEO of Siddhartha Business Group signed the agreement paper amid a program. The main aim of the agreement is to provide good experience to the customers through the discount offer, said the bank in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-20',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5514',
			'image' => '20170420115800_nmb.jpg',
			'article_date' => '2017-04-20 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' => '5728',
			'article_category_id' => '1',
			'title' => 'NB and Citizens in a Bancassurance Pact',
			'sub_title' => '',
			'summary' => 'April 20: NB Insurance and Citizens’ Bank International has entered into a bancassurance pact. Yugesh Bhakta Bade Shrestha, CEO of NB and Rajan Singh Bhandari, CEO of Citizens Bank signed the bancassurance agreement amid a program. After the agreement, customers of the bank can get all the services of the NB Insurance through all the branches of the bank, said the bank in a press statement. ',
			'content' => '<p style="text-align: justify;">April 20: NB Insurance and Citizens&rsquo; Bank International has entered into a bancassurance pact. Yugesh Bhakta Bade Shrestha, CEO of NB and Rajan Singh Bhandari, CEO of Citizens Bank signed the bancassurance agreement amid a program. After the agreement, customers of the bank can get all the services of the NB Insurance through all the branches of the bank, said the bank in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-20',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5513',
			'image' => '20170420114203_nb.jpg',
			'article_date' => '2017-04-20 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
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	(int) 3 => array(
		'Article' => array(
			'id' => '5727',
			'article_category_id' => '1',
			'title' => 'Right Share Issuance of Nepal Bank Commences',
			'sub_title' => '',
			'summary' => 'April 20: Nepal Bank is issuing 100:23.74 right shares to its existing shareholders from today i.e. April 20. The bank which is issuing 15,431,840 units of right shares with a face value of Rs 100 will close the issuance on May 24.  ',
			'content' => '<p style="text-align: justify;">April 20: Nepal Bank is issuing 100:23.74 right shares to its existing shareholders from today i.e. April 20. The bank which is issuing 15,431,840 units of right shares with a face value of Rs 100 will close the issuance on May 24. &nbsp;</p>

<p style="text-align: justify;">The existing shareholders registered by April 10 can apply for the right shares. Civil Capital Market Ltd is the share registrar of the bank. The interested existing shareholders can apply for the right shares from Civil Capital Market at CTC Mall, Kathmandu along with all the branches of the Nepal bank. Presently, Nepal Bank has paid-up capital of Rs 6.49 billion which will reach to Rs 8.04 billion after issuance of the right shares.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-20',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5512',
			'image' => '20170420112146_nepal bank.jpg',
			'article_date' => '2017-04-20 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
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	(int) 4 => array(
		'Article' => array(
			'id' => '5726',
			'article_category_id' => '1',
			'title' => 'Kailash Bank Appoints Poudel as Chairman  ',
			'sub_title' => '',
			'summary' => 'April 19: Kailash Bikas Bank has appointed Narayan Prasad Poudel as the chairman of the bank. Rajendra Giri who was appointed by the general meeting as the chairman of the bank for the third tenure in Poush was dismissed by the court. Earlier, the shareholders of the other institutions that we',
			'content' => '<p style="text-align:justify">April 19: Kailash Bikas Bank has appointed Narayan Prasad Poudel as the chairman of the bank. Rajendra Giri who was appointed by the general meeting as the chairman of the bank for the third tenure in Poush was dismissed by the court. Earlier, the shareholders of the other institutions that were merged with the bank filed a writ petition against the chairman&rsquo;s tenure in the court. The court gave the verdict that no one can hold his/her position as a chairman for more than two tenure. Thus, the bank appointed Poudel as the new chairman.</p>

<p style="text-align:justify">Similarly, Amrit Charan Shrestha has been appointed as CEO of the bank for the next four years. The board of directors meeting of the bank held on April 17 appointed Poudel and Shrestha as chairman and CEO of the bank.</p>

<p style="text-align:justify">According to the bank, the newly appointed CEO Shrestha will take over his responsibility from May 28. Previously, Shrestha was CEO of NCC Bank.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-20',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5511',
			'image' => '20170419052338_kailash.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
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	(int) 5 => array(
		'Article' => array(
			'id' => '5725',
			'article_category_id' => '1',
			'title' => 'MoI to reach its Capital Expenditure to 80 Percent',
			'sub_title' => '',
			'summary' => 'April 19: The Ministry of Industry (MoI) has said it would reach the capital expenditure of the current fiscal year (FY) to 80 percent.',
			'content' => '<p style="text-align: justify;">April 19: The Ministry of Industry (MoI) has said it would reach the capital expenditure of the current fiscal year (FY) to 80 percent.</p>

<p style="text-align: justify;">The Ministry has targeted to spend the remaining 50 percent of its allocated development expenditure when only three months remain for completion of the fiscal year.</p>

<p style="text-align: justify;">Industry Minister Nabindra Raj Joshi while directing the staff of the Ministry on April 18 stressed on continuing works to reach the target of capital expenditure.</p>

<p style="text-align: justify;">According to the Financial Comptroller General Office (FCGO), the current expenditure of the Ministry was 36.26 percent and capital expenditure 23.34 percent till March 13 this year.</p>

<p style="text-align: justify;">The ratio of the capital expenditure is minimal as compared to the current expenditure of the ministry.</p>

<p style="text-align: justify;">The total expenditure of the government has only reached 52.61 percent on current and 26.60 percent on capital expenditure so far.</p>

<p style="text-align: justify;">According to Purushottam Nepal, Head of the Planning Department of the Ministry, the capital expenditure of the Ministry has so far reached to 30 percent.</p>

<p style="text-align: justify;">According to Nepal, the Ministry should spend more than 50 percent in the remaining period of three months to reach the capital expenditure 80 percent as directed by the minister.</p>

<p style="text-align: justify;">Nepal, who is also the spokesperson of MoI, claimed that capital expenditure will reach 80 percent as 77 percent of total budget is allocated on industrial infrastructure. He said, &ldquo;The major portion of the budget is allocated in mining and access roads to industries and also in electricity transmission lines.&rdquo;</p>

<p style="text-align: justify;">According to Nepal, of the Rs 700 million allocated for roads, Rs 230 million has already been spent. The remaining amount will be spent through the Department of Roads (DoR).</p>

<p style="text-align: justify;">Nepal said assurances have been received that of the Rs 220 million allocated for transmission lines, all the amounts except for Rs 15 million will be spent.</p>

<p style="text-align: justify;">Nepal said that it seems the expenditure of the remaining Rs 300 million to Rs 400 million is in doubt, but if the local level election is held on time, the staff working on election will return, and the capital expenditure can increase.&nbsp;&nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5510',
			'image' => '20170419051630_moi.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
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			'user_id' => '16'
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	),
	(int) 6 => array(
		'Article' => array(
			'id' => '5724',
			'article_category_id' => '1',
			'title' => 'Spending Capacity of the Government Weak: Stakeholders',
			'sub_title' => '',
			'summary' => 'April 19: As the government has started preparing for upcoming budget of next FY, stakeholders have expressed their concern over the weakening spending capacity of the gov',
			'content' => '<p style="text-align: justify;">April 19: As the government has started preparing for upcoming budget of next FY, stakeholders have expressed their concern over the weakening spending capacity of the government. The participants of an interaction program organized by Economic Policy Analysis Division of Finance Ministry in Kathmandu on April 18 expressed the concern over the government spending capacity.</p>

<p style="text-align: justify;">According to them, failure of spending allocated budget, decreasing ratio of capital expenditure in total expenditure and current expenditure exceeding revenue collection are the issues to concern. &nbsp;Dr Swarnim Wagle, member of National Planning Commission expressed his concern over the country being more remittance oriented rather than to mobilize internal resources.</p>

<p style="text-align: justify;">As per the statistics of Finance Ministry, the ratio of government debt to gross domestic product (GDP) is at 27.4 percent whereas the ratio of foreign debt to GDP is 17 percent. Presently,the country has Rs 382 billion foreign debt. Thus, the increasing foreign debt, shrinking development expenditure and dependency on remittance has made the country reliant, said speakers.</p>

<p style="text-align: justify;">The speakers opined that the government should prioritize saving, investment and capital formation in order to increase economic growth through promotion of productive sector in economic policy. Similarly, they stressed that the financial policy should manage the expenses and public debt except revenue collection. Likewise, economists stressed that the monetary policy should administer inflation, currency demand and foreign exchange along with financial interest rate. &nbsp;&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5509',
			'image' => '20170419043051_gove.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 7 => array(
		'Article' => array(
			'id' => '5723',
			'article_category_id' => '1',
			'title' => 'Nepal gets its own Back-up Data Center',
			'sub_title' => '',
			'summary' => 'April 19: A data centre has been constructed in Hetauda with a cost of Rs 200 million in order to preserve important information and business documents of government and private sector. The data centre, which is the back up of central data center of Singhadurbar, has been constructed in 10 kath',
			'content' => '<p style="text-align:justify">April 19: A data centre has been constructed in Hetauda with a cost of Rs 200 million in order to preserve important information and business documents of government and private sector. The data centre, which is the back up of central data center of Singhadurbar, has been constructed in 10 kathas of land in Huprachaur of Hetauda. The construction work of the data centre was handed over by Korean International Cooperation Agency (KOICA) to a local company, Nepal Aadarsha Company.</p>

<p style="text-align:justify">&ldquo;Nepal Aadarsha Company has completed construction of the new data center within given 18 months of period,&rdquo; said Krishna Govinda Khayamali. &ldquo;The company is preparing to handover the newly made building to the government,&rdquo; he added. He said that despite of border blockade and Tarai unrest, the company continued the work to complete the data center on time.&rdquo; Construction of the building started on November 2015. &nbsp;</p>

<p style="text-align:justify">The Ministry of Finance and KOICA made an agreement to construct the data center as a museum of governmental and non-governmental information. According to Anup Baskota, Director of the center, the final agreement was delayed after the signing of initial agreement three years back due to change in leadership in KOICA. It was decided that the KOICA will hand over the building after completing construction. &nbsp;</p>

<p style="text-align:justify">Anup Baskota, Executive Director of the center and Yong Aa Goley, Head of KOICA signed on the agreement paper. Under the agreement, the Nepal government will provide training to engineers, land for construction and manage manpower and office placing. &nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5508',
			'image' => '20170419022701_data.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 8 => array(
		'Article' => array(
			'id' => '5722',
			'article_category_id' => '1',
			'title' => 'Arghakhanchi Cement Supports ‘No Horn’ Campaign',
			'sub_title' => '',
			'summary' => 'April 19: Arghakhanchi Cement has supported newly initiated ‘No Horn’ campaign. The company, under its corporate social responsibility, supported the campaign prohibiting honking horns by vehicles.  Arghakhanchi cement is alerting public about the campaign by placing boards at various locations in the valley, said the company in a press statement.',
			'content' => '<p>April 19: Arghakhanchi Cement has supported newly initiated &lsquo;No Horn&rsquo; campaign. The company, under its corporate social responsibility, supported the campaign prohibiting honking horns by vehicles. &nbsp;Arghakhanchi cement is alerting public about the campaign by placing boards at various locations in the valley, said the company in a press statement.</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5507',
			'image' => '20170419125803_arghakhanchi.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 9 => array(
		'Article' => array(
			'id' => '5721',
			'article_category_id' => '1',
			'title' => 'Regmi and Poudel Appointed NRB Director',
			'sub_title' => '',
			'summary' => 'April 19: Ramji Regmi and Shri Ram Poudel have been appointed as Directors of Nepal Rastra Bank (NRB). The cabinet of minister on April 16 appointed Regmi and Poudel as directors of NRB for next five years. Previously, Regmi was chairman of Nepal Stock Exchange whereas Poudel was a former NRB director.',
			'content' => '<p style="text-align: justify;">April 19: Ramji Regmi and Shri Ram Poudel have been appointed as Directors of Nepal Rastra Bank (NRB). The cabinet of minister on April 16 appointed Regmi and Poudel as directors of NRB for next five years. Previously, Regmi was chairman of Nepal Stock Exchange whereas Poudel was a former NRB director.</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5506',
			'image' => '20170419122808_nrb.JPG',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 10 => array(
		'Article' => array(
			'id' => '5720',
			'article_category_id' => '1',
			'title' => 'Gurkhas Finance in Janagal',
			'sub_title' => '',
			'summary' => 'April 19: Gurkhas Finance has started its 10th branch at Janagal of Kavre. Sur Krishna Vaidhya, President of Kavre Chamber of Commerce and Industries inaugurated the branch amid a program on April 17. The finance has collected deposit of Rs 3.41 billion and extended loan of Rs 3.11 billion till the second quarter of the current FY. The finance company with a paid-up capital of Rs 578.6 million is preparing to issue 2:1 right shares to its existing shareholders.',
			'content' => '<p style="text-align: justify;">April 19: Gurkhas Finance has started its 10<sup>th</sup> branch at Janagal of Kavre. Sur Krishna Vaidhya, President of Kavre Chamber of Commerce and Industries inaugurated the branch amid a program on April 17. The finance has collected deposit of Rs 3.41 billion and extended loan of Rs 3.11 billion till the second quarter of the current FY. The finance company with a paid-up capital of Rs 578.6 million is preparing to issue 2:1 right shares to its existing shareholders.</p>

<p style="text-align: justify;">&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5505',
			'image' => '20170419114004_gorkhas finance.jpg',
			'article_date' => '2017-04-19 00:00:00',
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	(int) 11 => array(
		'Article' => array(
			'id' => '5719',
			'article_category_id' => '1',
			'title' => 'Midea Trip to Bangkok',
			'sub_title' => '',
			'summary' => 'April 19: Airtech Industries, the authorized distributor of Midea air conditioner for Nepal has launched ‘Midea Trip to Bangkok’ offer. The company, on the purchase of Midea air conditioner, will provide a coupon to the customer.  Based on the coupon, three lucky winners will get a chance to win a trip of 4 nights and 5 days to Bangkok, said the company in a press statement. ',
			'content' => '<p style="text-align: justify;">April 19: Airtech Industries, the authorized distributor of Midea air conditioner for Nepal has launched &lsquo;Midea Trip to Bangkok&rsquo; offer. The company, on the purchase of Midea air conditioner, will provide a coupon to the customer. &nbsp;Based on the coupon, three lucky winners will get a chance to win a trip of 4 nights and 5 days to Bangkok, said the company in a press statement.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5504',
			'image' => '20170419112624_midea.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 12 => array(
		'Article' => array(
			'id' => '5718',
			'article_category_id' => '1',
			'title' => 'Max Vision Appoints NIC Asia Capital as Issue Manager',
			'sub_title' => '',
			'summary' => 'April 19: Max Vision Ltd has appointed NIC Asia Capital as its issue manager. The company is set to issue 500,000 units of general shares in near future for which it appointed NIC Asia as share registrar and issue manager. Ram Chandra Khanal, CEO of NIC Asia Capital and Keshav Prasad Shrestha, Chairman of Max Vision signed a memorandum of understanding regarding the matter amid a program on April 18. ',
			'content' => '<p style="text-align: justify;">April 19: Max Vision Ltd has appointed NIC Asia Capital as its issue manager. The company is set to issue 500,000 units of general shares in near future for which it appointed NIC Asia as share registrar and issue manager. Ram Chandra Khanal, CEO of NIC Asia Capital and Keshav Prasad Shrestha, Chairman of Max Vision signed a memorandum of understanding regarding the matter amid a program on April 18.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-19',
			'modified' => '2017-04-19',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5503',
			'image' => '20170419110836_nic.jpg',
			'article_date' => '2017-04-19 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 13 => array(
		'Article' => array(
			'id' => '5717',
			'article_category_id' => '1',
			'title' => 'Sahayogi Bikas Bank to issue Right Shares',
			'sub_title' => '',
			'summary' => 'April 18: Securities Board of Nepal (SEBON) has approved right share of Sahayogi Bikas Bank on April 18. The bank is set to issue 10:3.5 right shares to its existing shareholders. Sahayogi will issue 111,135 units of equity shares with a face value of Rs 100. The bank has appointed NCM Merchant Banking Ltd as its Issue Manager. ',
			'content' => '<p style="text-align: justify;">April 18: Securities Board of Nepal (SEBON) has approved right share of Sahayogi Bikas Bank on April 18. The bank is set to issue 10:3.5 right shares to its existing shareholders. Sahayogi will issue 111,135 units of equity shares with a face value of Rs 100. The bank has appointed NCM Merchant Banking Ltd as its Issue Manager.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-18',
			'modified' => '2017-04-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5502',
			'image' => '20170418045102_sahayogi.jpg',
			'article_date' => '2017-04-18 00:00:00',
			'homepage' => false,
			'breaking_news' => false,
			'main_news' => true,
			'in_scroller' => false,
			'user_id' => '16'
		)
	),
	(int) 14 => array(
		'Article' => array(
			'id' => '5716',
			'article_category_id' => '1',
			'title' => 'Energy Minister Sets Ambitious Goal: 17,000 MW Power in 7 Years',
			'sub_title' => '',
			'summary' => 'April 18: Janardan Sharma, Energy Minister of Nepal has said that the per capita electricity consumption of Nepal will be raised to 2000 units in next seven years. In an interaction program organized by Ministry of Energy on April 17, he said by raising power production to 17,000 MW during the period, the per capita power c',
			'content' => '<p style="text-align: justify;">April 18: Janardan Sharma, Energy Minister of Nepal has said that the per capita electricity consumption of Nepal will be raised to 2000 units in next seven years. In an interaction program organized by Ministry of Energy on April 17, he said by raising power production to 17,000 MW during the period, the per capita power consumption will be increased.</p>

<p style="text-align: justify;">The government will produce 8,000 MW under direct leadership whereas 17,000 MW will be produced through other. The back counting of the seven years start from today,&rdquo; he said. Presently, Nepal produces nearly 506MW power. If the 369MW power imported from India is to considered, per capital power consumption of the present era reach 160 units.&nbsp;</p>
',
			'published' => true,
			'created' => '2017-04-18',
			'modified' => '2017-04-18',
			'keywords' => '',
			'description' => '',
			'sortorder' => '5501',
			'image' => '20170418024507_transmission line.jpg',
			'article_date' => '2017-04-18 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
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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
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View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
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Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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